The Business Times, 2 November 2011
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2011-11-02
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The Business Times
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Title Section23 2011-11-02 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Wednesday, November 2,23 words
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904 2011-11-02 1 MINDY TAN - Views diverge over impact of new business, science park space next year By MINDY TAN [SINGAPORE] A sharp increase in business and science park space to be completed next year could put pressure on rentals. An expected 2.15 million square feet of business and science904 words
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Article141 2011-11-02 1 HST INDEX 2,789.35 (-66.42) HST INDEX FUTURES 2,785 (-67) HSIMSCI 317.72 (-9.30) HSIMSCI FUTURES 317.30 (-8.90) FOREX US$ S$ US$ (S$ per US$) 1.268 (US$/S$ per 1.602 2.031 EURO (US$/S$/E) 1.376 1.745 Foreign currency per US$ S$ YEN 78.10 61.60 RM 3.114 2.455 HK$ 7.768 6.124 BAHT 30.84141 words
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Article, Illustration902 2011-11-02 1 NEIL BEHRMANN - European markets go into tailspin with banks exposed to Greece taking a hammering By NEIL BEHRMANN in London PANIC over the possibility of a Greek default overwhelmed European and other stock markets following Greece Premier George Papandreou’s shock decision to hold aREUTERS - 902 words
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Page 1 Advertisements
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Advertisement9 2011-11-02 1 COMPANIES MF Global Singapore appoints provisional liquidators PAGE 59 words
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Advertisement26 2011-11-02 1 INTERNATIONAL ENERGY WEEK Experimental Power Grid Centre opens on Jurong Island PAGE 9 Who’s Who in Property A 44-page special with your BT tomorrow *****1 *****426 words
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Advertisement134 2011-11-02 1 TRANSPORT HUB SIA’s Scoot unveils a new way to fly PAGE 21 EXEC MONEY What are investors pricing into equity markets? PAGE 32 Deutsche Bank db.com Complex challenges demand innovative solutions. Top rated with best industry scores from cross-border clients in Asia and for emerging markets globally Global Custodian Agent134 words
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TOP STORIES
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Article522 2011-11-02 2 Greece vote call raises real fears of default PANIC over the possibility of a Greek default overwhelmed European and other stock markets following Premier George Papandreou’s shock decision to hold a referendum on Greece's hardwon bailout deal. Analysts say the referendum would also effectively amount to a vote522 words
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597 2011-11-02 2 JOYCE HOOI - MDA has put out guidelines that cap early termination charges By JOYCE HOOI [SINGAPORE] The battle for the pay television dollar will soon intensify with a new guideline that makes it easier for dissatisfied subscribers to vote with their feet. The597 words
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Article599 2011-11-02 2 RONNIE LIM - Electricity imports widen options, but S’pore needs to beware of overcapacity NEWS ANALYSIS By RONNIE LIM [SINGAPORE] It’s no coincidence, say industry observers, that Singapore’s move to import electricity is gaining momentum just as the three million tonnes per annum of LNG which aggregator BG Group599 words
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Article, Illustration502 2011-11-02 2 EMILYN YAP - By EMILYN YAP [SINGAPORE] Research has shown that consumers spend less when their asset values shrink, but retailers in Taiwan, South Korea and Singapore are likely to be the most acutely affected in times like these. According to a new studySource: HSBC - 502 words
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632 2011-11-02 4 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] Singapore businessmen are generally not known to make un-der-the-table payments to officials to get business not when they’re operating in Singapore anyway. How are they seen to live up to that clean reputation when they venture abroad? Pretty well,632 words
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Article, Illustration483 2011-11-02 4 CHUANG PECK MING - US study shows unit labour cost falls sharply, boosting competitiveness By CHUANG PECK MING [SINGAPORE] It seems that Singapore’s push for higher productivity is starting to pay off. Singapore’s manufacturing output per man hour last year made the biggest jump among 19 majorSource: US Bureau of Labour Statistics - 483 words
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896 2011-11-02 4 Bloomberg [BANGKOK] Bangkok Governor Sukhumbhand Paribatra warned against succumbing to “mob rule” in managing floodwaters on the city’s outskirts, saying the entire country will suffer if waters inundate central business areas. “It’s no good if we decide to do something either byBloomberg - 896 words
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554 2011-11-02 4 Reuters [TOKYO] Japan kept markets on edge yesterday saying it was ready to step into foreign exchange markets again to curb speculation a day after it sold a record of nearly US$100 billion worth of yen to tame its high-flying currency. Tokyo intervened afterReuters - 554 words
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Advertisement278 2011-11-02 2 Your brain is the key to your performance. Isn't it time you really understood it? In this highly interactive and practical one-day workshop, you will discover how the brain works, and learn new techniques that help improve mental functions to improve your performance, productivity and engagement. You will learn how278 words
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Page 3 Advertisements
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Advertisement217 2011-11-02 3 True power and efficiency comes from more than just the engine. Congratulations to the Audi ultra on winning the VinaCapital Hong Kong toVietnam Race 2011 a first-ever for a Singaporeregistered yacht, with a 26-strong crew comprising 12 of Singapore’s most promising young sailors. Change the game with the all-new, aluminium217 words
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COMPANY NEWS
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818 2011-11-02 5 FELDA CHAY - KPMG to oversee firm’s winding up to protect customers’ creditors’ interests By FELDA CHAY HIT by the troubles of its US parent, MF Global Singapore, a clearing member of the Singapore Exchange’s (SGX) derivatives market, yesterday said that it has appointed provisional liquidators from818 words
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800 2011-11-02 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY POSSIBLY in response to recommendations made in this column over the years, it looks like initial public offering (IPO) documents now provide a breakdown of the use of the money raised in unit dollar800 words
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Article, Illustration531 2011-11-02 6 MINDY TAN - Some say it is necessary, others think resultant gearing is too high By MINDY TAN ANALYSTS’ reviews were mixed following the announcement of Suntec City’s $410-million makeover, with some giving caution over the resultant high headline gearing. Suntec Real Estate Investment Trust (Suntec531 words
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433 2011-11-02 6 UMA SHANKARI - By UMA SHANKARI CAPITAMALL Trust (CMT) units lost as much as 5.3 per cent yesterday after the retail trust said it raised gross proceeds of about $250 million through a private placement. CMT placed out 139.7 million new units at $1.79 each to433 words
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Article265 2011-11-02 6 DOLLY CHIA - By DOLLY CHIA OSIM’s third-quarter net profit rose marginally to $13.1 million, from $13 million a year ago. But nine-month earnings of $52 million are up 57 per cent from a year ago and have already exceeded 2010’s full-year earnings of $50 million. For265 words
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220 2011-11-02 6 JAMIE LEE - By JAMIE LEE SINGAPORE Exchange (SGX) is pushing into India’s listings market with a new hire from Morgan Stanley. It said yesterday that it has appointed Neena Prasad as head of listings for the Indian market. Ms Prasad was last at Morgan Stanley’s220 words
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501 2011-11-02 7 KELLY TAY - Q3 revenue came in 35% higher at US$5.4b, compared to US$4b in Q3 2010 By KELLY TAY MOTOR group Jardine Cycle Carriage (C&C) yesterday announced, alongside its third quarter earnings, the appointment of a new chairman and a new group managing501 words
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276 2011-11-02 7 MICHELLE TAN - Boustead Projects to build integrated facility for ST Electronics unit By MICHELLE TAN A SUBSIDIARY of Boustead Singapore has bagged a $57 million contract to design and build a facility for ST Electronics (Info-Software Systems) Pte Ltd. A specialist in industrial real estate solutions, Boustead276 words
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COMPANY BRIEFS
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63 2011-11-02 7 INDIAN hospital chain Fortis Healthcare (India) Ltd said yesterday that it will buy Singapore-based sister firm Fortis Healthcare International for US$665 million. The board of Fortis Healthcare had approved the buyout in September but had left the terms of the all-cash deal to63 words
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107 2011-11-02 7 TIONG Woon Corporation said its wholly-owned subsidiaries have secured a contract each in Myanmar and Malaysia to supply heavy equipment and marine transportation for oil- and gas-related projects. The Malaysian contract signed by Tiong Woon Crane Transport (M) Sdn Bhd and Malaysia Marine107 words
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81 2011-11-02 7 CAPITALAND unit CapitaValue Homes has bought two sites in China that have been slated for low-cost housing. The Singapore firm bought two adjacent land parcels in Guangzhou’s Panyu District for 303.83 million yuan (S$69.6 million) and a 50,800 square metre site in Shanghai’s Pudong81 words
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81 2011-11-02 7 SINGAPORE Press Holdings’ wholly owned subsidiary, SPH Magazines Pte Ltd, has acquired ACP Magazines Pte Ltd for $58 million. SPH Magazines thus becomes the trademark owner of The Women’s Weekly and CLEO in Singapore, Malaysia and Indonesia, and The Finder in Singapore and81 words
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71 2011-11-02 7 Hi-P International Ltd yesterday posted an 80.5 per cent year-on-year decrease in net profit for the third quarter ended Sept 30. Net profit fell to $6.47 million from $33.21 million a year ago due to pricing pressure, higher expenses and depreciation. However,71 words
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58 2011-11-02 7 CWT held a groundbreaking ceremony yesterday in Malaysia’s Port Klang Free Zone to mark the construction of a new warehousing and logistics facility next to Westports in Pulau Indah. The new facility will help the logistics group expand its footprint in Malaysia and58 words
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Page 5 Advertisements
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Advertisement75 2011-11-02 5 One string for each note Seven strings in harmony Investment Solutions: AXA Investment Managers' Melody Hsi SHkSSa IIH III mm Equity Fixed Income ilReal Estate m I An A> Rosenberg taJFunds of Hedge Funds AXA Investment Managers Expertise m 41Structured Finance Framlington M r.axa-im.com AXA Investment Managers Asia Limited Suites75 words
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Advertisement172 2011-11-02 5 WA i IKHKS HID BlK 3»H!SK "> ll IgKSSl I 9 v N> SV la 0 s *2sJ? m+\< World's Finest Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of172 words
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Advertisement484 2011-11-02 6 $13.1m Q3 profit for OSIM SGX appoints head of India listing market By JAMIE LEE SINGAPORE Exchange (SGX) is pushing into India’s listings market with a new hire from Morgan Stanley. It said yesterday that it has appointed Neena Prasad as head of listings for the Indian market. Ms Prasad484 words
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Advertisement35 2011-11-02 7 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices NOTICES LINDT'S CEO ERNST TANNER SALUTES ANOTHER YEAR OF GROWTH. Credit Suisse has helped raise his company's standing. credit-suisse.com/clients35 words
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SINGAPORE MARKETS
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Article, Illustration586 2011-11-02 8 R SIVANITHY - ST Index tumbles 66 pts, reinforcing Monday’s fall and reversing the 377-pt gain in recent weeks STOCKS R SIVANITHY Senior Correspondent ACCORDING to most observers, Greece’s surprise decision on Monday to call a referendum to vote on austerity measures, has cast doubt on the bailoutSource: Bloomberg - 586 words
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Article64 2011-11-02 8 Nov 1 VALUE CLOSE BT OB/OS 11.00-450.00 BT CADI -*****.00-230.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 621.15 -12.54 FTSE ST Small Cap 421.01 -9.05 FTSE ST All Share 670.05 -15.49 FTSE ST China Top 195.76 -3.41 FTSE ST China 235.70 -2.75 FTSE ST Catalist64 words
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Article186 2011-11-02 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 2 0 0 0 1 11 2 Manufacturing 28 79 29 4 9 4 32 88 33 Commerce 12 26 15 0 3 3 12 29 18 Tpt/Stor/Comms 6 29 6186 words
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Article, Illustration420 2011-11-02 8 Kim Eng Research - by Kim Eng Research Price breakout The stock has staged a breakout above the broad triangle formation on the heels of improving momentum. This is a positive signal that probability will favour the bulls. Price is trading above the key moving averages, with RSI on the rise and DMI420 words
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Article119 2011-11-02 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 31,081 31,081 139,949 139,949 Manufacturing 162,191 7,939 170,130 197,433 83 197,516 Commerce 111,176 3,626 114,802 162,566 440 163,006 Tpt/Stor/Comms 150,094 43,806 193,900 168,367 6,065 174,432 Finance 20,858 60 20,918 220,600 12 220,612 Construction 50,328 23,583119 words
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Article113 2011-11-02 8 Stock name Close Change CapMallsAsia 1.335 -0.030 CapitaLand 2.640 -0.090 CapitaMall 1.790 -0.085 CityDev 10.200 -0.710 ComfortDelGro 1.395 -0.005 DBS Grp 11.980 -0.380 F&N 6.090 -0.070 GLP 1.725 -0.035 Genting SP 1.680 -0.055 Golden Agri 0.640 -0.010 HK Land 5.210 -0.090 JMH 49.660 -1.120 JSH 30.400113 words
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Article, Illustration521 2011-11-02 8 CURRENCIES Reuters [LONDON] The euro fell more than one per cent versus the dollar and yen yesterday as investors cut exposure to the common currency after Greece’s unexpected call for a referendum revived uncertainty over how the eurozone will solve its debt crisis. IfReuters; AFP - 521 words
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Article55 2011-11-02 8 VOLUME Genting SP 60,497,000 Noble Grp 53,458,000 Golden Agri 52,006,000 Hartawan 43,433,000 PSL Hldgs 36,825,000 S i2i 31,974,000 CapitaMall 25,749,000 CapitaLand 25,609,000 TopGlobal 21,123,000 Yangzijiang 20,625,000 VALUE($) Keppel Corp 106,795,586 Genting SP 102,820,972 UOB 99,486,480 Noble Grp 81,455,310 CapitaLand 68,348,238 SembMar 62,313,280 DBS Grp 60,531,430 SingTel 52,367,71055 words
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Article115 2011-11-02 8 BY CENTS CLOSE UP DBXT S&P Short 10US$ 4308 166.1 3.1 JSH 3040 120.5 3.2 DBXT STGLDv100 10US$ 2643 119.2 3.7 Lyxor Apex50 10US$ 402 38.1 8.1 IS Asia BND 100US 992 10.2 0.8 DBS BP ePW*****2 56 10.0 21.7 Hyflux 6% CPS 10 ***** 10.0 0.1 CHT Hldgs115 words
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Article121 2011-11-02 8 BY CENTS CLOSE DOWN DBXT MSEurope 10US$ 4075-507.3 -8.9 IS S&P500 *****-502.2 -3.1 DBXT E50 10US$ 3540-358.9 -7.4 DBXT Nifty 10US$ *****-286.6 -2.0 JMH 4966-142.0 -2.2 DBS Bk 4.7% NCPS 100 *****-128.0 -1.2 DBXT FTChina25 10US$ 2652-111.6 -3.2 UOB.ES.1111 1641-109.0 -6.2 DBXT MSKorea 10US$ 5469-107.8 -1.5 GLD 10US$ *****121 words
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SINGAPORE NEWS
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Article, Illustration480 2011-11-02 9 JOYCE HOOI - $38m facility lets researchers test experimental technologies SINGAPORE INTERNATIONAL ENERGY WEEK By JOYCE HOOI SINGAPORE’S smart power grids are set to be backed by the brainpower of the Experimental Power Grid Centre (EPGC) which opened yesterday. The $38 million facility480 words
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213 2011-11-02 9 LYNN KAN - By LYNN KAN TRINA Solar, the New York-listed Chinese maker of silicon solar panels, is making Singapore its Asia-Pa-cific regional headquarters. The Singapore office will take care of managing sales, research and development, and logistics in Trina Solar’s expanding Asia-Pacif-ic business. Trina Solar had213 words
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217 2011-11-02 9 He cites lack of political will, financial resources THE United Nations climate talks in Durban, South Africa at the end of November will not result in a global, legally binding agreement, said Minister for the Environment and Water Resources Vivian Balakrishnan. “There isn’t217 words
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435 2011-11-02 9 DOLLY CHIA - Swiss manufacturer also opens 80,000 sq m plant in China By DOLLY CHIA AS ASIA becomes the fastest growing region for chemical manufacturers, Swiss-based chemical specialist Clariant has decided to move the headquarters of its global textile chemicals division here. It announced this435 words
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332 2011-11-02 10 LYNN KAN - PMI shows expansion while the broader manufacturing continues to contract By LYNN KAN SINGAPORE’S key electronics sector in October bucked the contraction trend seen in the wider manufacturing sector, which weakened for the fourth consecutive month. The electronics sector’s purchasing managers’ index (PMI) reading332 words
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551 2011-11-02 10 DEBBIE YONG - Three new dining options range from casual to chi-chi By DEBBIE YONG THINGS are looking rosy for the Gardens by the Bay. Fresh onboard its line-up of dining options are a highend restaurant backed by a Michelin-starred British chef, a waterfront satay corner551 words
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SINGAPORE ROUNDUP
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Article60 2011-11-02 10 THE Singapore Accredited Estate Agencies (SAEA) has named Sunny Lim, principal partner at training consultancy Seed Consultancy, as its new CEO. He takes over the duties of interim CEO Ong Chin Hwee, immediately. Mr Ong, who served as interim CEO since Tan Tee Khoon stepped60 words
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77 2011-11-02 10 RETAILER FJ Benjamin has pledged $150,000 to start an award and bursary which are meant to encourage Singapore’s young musical talents. The FJ Benjamin-Nanyang Academy of Fine Arts Music Competition will give $30,000 in prize money to three prize winners the largest sum for77 words
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Article, Illustration445 2011-11-02 10 UMA SHANKARI - He places great emphasis on R&D and technology By UMA SHANKARI PETER LAU, chairman and chief executive of Giordano Group, has grown the retail company to be one of the best known apparel brands in the Asia-Pacific region since taking over the company’s helm445 words
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623 2011-11-02 12 LEE U-WEN - It also finds higher income voters to be more critical By LEE U-WEN A NEW survey conducted by a prominent local think-tank has found that many Singaporeans appear to have only a limited understanding of the official interpretation of the elected president’s role.623 words
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Article, Illustration411 2011-11-02 12 LEE U-WEN - The five members reaffirmed their commitment to work together By LEE U-WEN AS the world’s second-old-est military agreement marks its 40th anniversary this year, the members of the Five Power Defence Arrangements (FPDA) Singapore, Malaysia, New Zealand, Australia, and the United Kingdom yesterdayPHOTO: TED CHEN/THE STRAITS TIMES - 411 words
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277 2011-11-02 12 UMA SHANKARI - By UMA SHANKARI A TRANSITIONAL office site on Mountbatten Road, which was put up for sale by the government last month, drew 11 bidders at the close of the tender yesterday. The top bid of $15.01 million or $119 per square277 words
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Advertisement29 2011-11-02 9 CREDIT SUISSE V ..-•i N *"> i* ifcssts M ».i 8K9raft£&*3» v* ZERMATT SFFLWSL &g ZERMATT BERGBAHNEN'S SNOW SYSTEMS ARE EXTENDING THE SEASON. Credit Suisse improved the financial forecast. credit-suisse.com/clients29 words
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Advertisement1837 2011-11-02 10 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting of the Company will be held at The Auditorium, 1000 Toa Payoh North, News Centre, 1st Storey, Annexe Block, Singapore *****4 on Thursday, December1,837 words
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Page 11 Advertisements
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Advertisement1945 2011-11-02 11 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E CHAIRMAN’S STATEMENT I am pleased to report that the SPH Group performed well in the Financial Year 2010/2011. Group revenue at $1.25 billion crossed the $1 billion mark for the seventh consecutive year. Our creditable performance was underpinned by1,945 words
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Page 12 Advertisements
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Advertisement1086 2011-11-02 12 thebusinesstimeswww.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 weekend www.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings ratesDBS Bank, OCBC DBS Bank and UOB will offer amere 0.05 per cent mere come October, even asHSBC and1,086 words
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ECONOMY WATCH
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517 2011-11-02 13 Slide reinforces fears that eurozone’s debt troubles are sapping global growth Reuters [SINGAPORE] Factory activity in Asia’s export powerhouses slowed to near three-year lows in October as European demand dropped, reinforcing fears that the eurozone’s debt troubles were sapping global growth. The purchasingReuters - 517 words
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Article481 2011-11-02 13 Reuters [SYDNEY] Australia’s central bank cut its main cash rate by 25 basis points to 4.5 per cent yesterday, the first easing since early 2009, as it reacted to benign inflation figures at home and threats to the global economy. The Australian dollarReuters - 481 words
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Advertisement642 2011-11-02 13 KXD DIGITAL ENTERTAINMENT LIMITED (THE “COMPANY”) (Incorporated in Singapore) (Company Registration Number: *****0931H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM”) of the members of the Company called pursuant to Section 176 of the Companies Act (Chapter 50 of Singapore) (the “Act”)642 words
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MALAYSIA/INDONESIA
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418 2011-11-02 14 S JAYASANKARAN - By in Kuala S JAYASANKARAN in Kuala Lumpur POWER generation and distribution firm Tenaga Nasional (TNB) will have to put up with gas shortages for another two to three months, Malaysia’s energy minister said yesterday. “We have to grapple with this issue418 words
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451 2011-11-02 14 Rate cut to spur growth seen as inflation remains within target Reuters [JAKARTA] Indonesia’s inflation slowed in October, remaining comfortably within the central bank’s year-end target range of 4-6 per cent, raising the possibility that Bank Indonesia could further cut rates next weekReuters - 451 words
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Article434 2011-11-02 14 PAULINE NG - By in PAULINE NG in Kuala Lumpur HAVING gained 20 per cent in the past three weeks on expectations that a civil service pay rise will lead to an expansion of loans, Malaysia Building Society Bhd (MBSB) was one of the most active stocks yesterday434 words
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Advertisement154 2011-11-02 14 A DELTA (b NONSTOP COMFORT TO THE U.S. We know there are many reasons that send you overseas these days. That's why we offer daily service from Singapore to Tokyo-Narita where you can connect to 10 U.S. gateways. To make sure your time with us is as comfortable as possible,154 words
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Advertisement109 2011-11-02 14 Wherever you go, never miss out on the stock market action with ShareInvestor Mobile Download for FREE from Apple Apps store for iPhone, iPad users and Android Market for Android users. Get it now. Scan QR Code with your mobile and learn more about our application.* Android iPhone You will109 words
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GREATER CHINA/INDIA
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482 2011-11-02 15 Beijing not calling all the shots, Europe can avoid being too dependent: analyst [BEIJING] Debt-stricken Europe’s cry for help has strengthened China’s position ahead of a G-20 summit, but experts say fears the world’s second-largest economy is now calling all the shots482 words
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192 2011-11-02 15 Reuters [NEW DELHI] The indifference shown by the majority of India’s deep-pocketed corporates towards Formula One has baffled team bosses who expect them to warm to the sport following the success of last weekend’s inaugural Indian Grand Prix. The teams are mostly happyReuters - 192 words
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297 2011-11-02 15 Reuters [HONG KONG] Gambling revenue in glitzy Macau, the world’s largest gaming destination, broke a new record in October rising 42 per cent on the year to 26.9 billion patacas (S$4.3 billion), with demand from Chinese visitors continuing to defy concerns overReuters - 297 words
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Advertisement593 2011-11-02 15 rlltfiirll mi sir •mil wtfmraadyio hawayou uti Ms PiiUJj|) /lUiuaspu/ juwilaai dii'ifoa. TmilLj ujj r'A T/mla/, As low as 0 spread across various currency pairs 6354 >».. icw„ ,u» iill I, Ck Huge liquidity up to 10 levels of market depth Direct market access to multi-bank liquidity Visit www.phillipfutures.com.sg or593 words
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WORLD
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545 2011-11-02 16 ISM factory index dips to 50.8, inventories shrink by most in a year LATEST US DATA Bloomberg Reuters [WASHINGTON] Manufacturing in the US expanded less than forecast in October as inventories shrank by the most in a year and production cooled. The Institute for SupplyBloomberg; Reuters - 545 words
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Article, Illustration476 2011-11-02 16 Reuters [LONDON] Britain faced criticism yesterday for considering curbs on social media after recent riots even as Foreign Secretary William Hague castigated countries that block the Internet to stifle protests. “Too many states around the world are seeking to go beyond legitimateReuters; REUTERS - 476 words
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442 2011-11-02 16 Reuters [NEW YORK] Women are almost on a par with men around the world in health and education, but they still lag in economic and political participation and opportunities, according to a World Economic Forum report released yesterday. The Global Gender Gap ReportReuters - 442 words
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Article, Illustration577 2011-11-02 17 Shaky start to Q4 as Oct manufacturing falls at sharpest rate since June 2009 Reuters [LONDON] Britain’s economy is teetering on the brink of recession despite a solid performance in the third quarter, increasing pressure on the government to boost growthReuters; REUTERS - 577 words
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350 2011-11-02 17 AFP [CANNES] The elegant French resort of Cannes is to be transformed into a fortress for this week’s Group of 20 (G-20) summit, while the nearby city of Nice is to host thousands of anti-glo-balisation protesters. Preparations have been underway for aAFP - 350 words
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368 2011-11-02 17 The Swiss bank’s securities unit posts its first quarterly loss since 2008 Bloomberg [ZURICH] Credit Suisse Group AG, the sec-ond-biggest Swiss bank, said that it will cut about 1,500 more jobs and reorganise its securities unit after the division reported its first quarterlyBloomberg - 368 words
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Advertisement185 2011-11-02 16 CHARITY RUN IN THE CBD Promoting organisations with a heart Friday, 11 November 2011 4.30pm The Float Marina Bay Guest-of-Honour: Mrs Josephine Teo, Minister of State for Finance and Transport The eighth SGX Bull Charge is raring to go in the name of charity! Join us in our quest to185 words
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Advertisement334 2011-11-02 17 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF GIANT TECHNOLOGY SINGAPORE PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No. *****8933W) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final334 words
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Advertisement100 2011-11-02 17 Options. Now standard. Introducing additional flights to Dubai and beyond. emirates.com/sg An unrivalled selection of over 1,200 channels of entertainment. A tantalising array of gourmet cuisine. At Emirates, we understand that true comfort comes with having more choices. So it’s no surprise that we’ve introduced additional flights from Singapore to100 words
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EDITORIAL & OPINION
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431 2011-11-02 18 Time for EU to harmonise or disintegrate EDITORIAL THE eurozone’s sovereign debt crisis has clearly reached a stage where its members must either move forward to a fiscal union or face the prospect of disintegration. Indeed, it was very ambitious of the eurozone members to enter a monetary union without431 words
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Article, Illustration989 2011-11-02 18 ANDREW SHENG - It’s an economic minefield that G-20 leaders must defuse before it causes major damage By ANDREW SHENG The writer is president of the Fung Global Institute, a new Hong Kong-based think tank that seeks to understand global issues from Asian perspectives. He wasREUTERS - 989 words
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Article, Illustration791 2011-11-02 18 JEFFREY FRANKEL - THE BOTTOM LINE JEFFREY FRANKEL The writer is a professor of economics at Harvard University’s Kennedy School of Government. This comment was sourced from VoxEU.org, a Web portal that features the views of prominent economists ALL of a sudden, the renminbi is being791 words
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Article, Illustration1054 2011-11-02 19 ANNA TEO - There’s plenty at stake in this week’s summit economic growth, livelihoods and living standards around the world By ANNA TEO AS summits go, the gathering of Group of 20 (G-20) leaders in the Mediterranean town of Cannes has, even weeks before the meetings openLUDWIG ILIO - 1,054 words
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Article, Illustration838 2011-11-02 19 LEE KUAN YEW - By LEE KUAN YEW The writer is a former prime minister of Singapore. This article first appeared in Forbes in its Current Events column THE 2008 recession hit the whole world especially Asia hard, but Asia’s economies are recovering. In August, theBRYAN VAN DER BEEK/ THE STRAITS TIMES - 838 words
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TransportHUB
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Article923 2011-11-02 20 DAVID HUGHES - STRAIT TALK By DAVID HUGHES COMPETITION,protectionandhow not to do it This week’s co l u mn i s prompted by a news report and a press release. The report is of a relatively small container line withdrawing from the transpacific trade. The release is from the923 words
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288 2011-11-02 20 Bloomberg [LONDON] Steelmaker demand for iron ore, the biggest source of cargoes for commodity carriers, is weakening, threatening to end the most profitable shipping rates in almost a year. Ore stockpiles at ports in China, the largest user, already expanded to withinBloomberg - 288 words
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Article278 2011-11-02 20 SGX '000 Nov 1 S$ +/-Vol CH Offshore 0.40 -0.01 120 Chuan Hup Hldg 0.22 unch 268 Cosco Corp 0.99 -0.03 ***** CWT Ltd 1.02 -0.04 1002 Ezra Hldgs 0.95 -0.04 5352 First Ship Lea 0.30 -0.01 1806 Freight Links 0.06 unch 1396 Grand Banks unch unch 0278 words
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TRANSPORT HUB: AVIATION
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Article, Illustration645 2011-11-02 21 VEN SREENIVASAN - The long-haul airline will start with China and Australia, from June next year By VEN SREENIVASAN [SINGAPORE] A long-haul airline with a different attitude towards flying. That is the mantra which Campbell Wilson, the new CEO of an even newerPHOTOS: AFP/SPARKFURY - 645 words
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480 2011-11-02 21 Reuters [NEW YORK] JetBlue Airways, stung by another long ground delay due to snowy weekend weather, said on Monday that it would review decision making for handling diverted flights while US aviation regulators launched a review of all air traffic operations in theReuters - 480 words
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Article, Illustration468 2011-11-02 21 AP [SYDNEY] Qantas Airways said its flights were back on schedule yesterday, a day after an Australian court ruling ended 48 hours of travel chaos stemming from the airline’s decision to ground its entire fleet. Qantas, the world’s 10th-largest airline, said all flights wereAP; BLOOMBERG - 468 words
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347 2011-11-02 21 VEN SREENIVASAN - Captain of QF32 recounts experience and lessons learnt By VEN SREENIVASAN [SINGAPORE] The 64th Annual International Air Safety Seminar kicked off yesterday with the focus on different aspects of aviation safety. More than 300 international aviation specialists and professionals gathered for the three-day347 words
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TRANSPORT HUB: LAND
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Article500 2011-11-02 22 SAMUEL EE - It sells roughly one in every 6 new cars this year, benefiting from the COE crunch Reports by SAMUEL EE BMW continues to power ahead in the sales stakes here amid the COE crunch. In the first nine months of this year, the Mu-nich-based luxury carmaker500 words
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477 2011-11-02 22 PARALLEL imports (PI) continue to slow down dramatically, with collective sales amounting to just 1,887 units, or down 45.9 per cent from 3,489 cars during the same period last year, according to the Land Transport Authority. From January to September this year, the PI industry477 words
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Article, Illustration439 2011-11-02 22 It will continue to display line-up at Alexandra facility MOTOR magnate Karsono Kwee officially took over as the Mazda dealer in Singapore yesterday and will continue to display the Japanese marque’s line-up at its current showroom at 315 Alexandra Road. This sprawling facilityARTHUR LEE - 439 words
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Page 20 Advertisements
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Advertisement1104 2011-11-02 20 Ik "TI 1 I 1 C. Toll free 1800-289-8822 J I N 1 1 I I Email notices@sph.com.sg J J J J www.cats.com.sg/notices FIRSTLINK INVESTMENTS CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****2562E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General1,104 words
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Advertisement391 2011-11-02 20 DBS BANK LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****0306E This Notice is a replication of an announcement released on the website of the Singapore Exchange Limited on 1 November 2011, and is published for record purposes only. NOTICE OF CLOSURE OF BOOKS FOR S$800,000,000 4.7% NON-CUMULATIVE391 words
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Advertisement443 2011-11-02 20 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF O.M.G. CHEMICALS (S) PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****9056N NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 35 Gul Lane Singapore *****9 on the 1st443 words
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Page 21 Miscellaneous
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Miscellaneous368 2011-11-02 21 CRYPTIC CROSSWORD Across 1 Refined sort accompanied by small number tucking into select meats? (10) 6 Ill-natured support shown around college (4) 9 Item that might be squeezed during unprofitable month (5) 10 Not a regular local porter? (5,4) 12 Decoration is taken in by Latin knight in pointed monument368 words
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Page 22 Advertisements
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Advertisement114 2011-11-02 22 Big Walk goes mobile Download from the App Store and get: The latest news on the Big Walk The latest promotions and discounts from our generous sponsors Organiser: Title sponsor: On Air Partner: Partners: TANTALIZING SOUTH-EAST ASIA 24 OCTOBER TO 30 NOVEMBER 2011 Taste the best of South-east Asia at114 words
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SINGAPORE STOCKS
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Article7930 2011-11-02 23 Transaction date: Nov 1 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 12 8Telecom 13.5 12 15.5 7.8 4.5 2.8 64.7 9.5 4.1 A-Sonic 5 +0.1 20 5 5 5 5.27,930 words
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Article1534 2011-11-02 24 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 13 t 800 Super 14.2xd 12.5 15 4.7 3.9 5.5 25.4 5.5 2.5 t AA Grp 3 2.2 3.5 14.3 2.9 200 981,534 words
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Article10070 2011-11-02 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.18/ APS Alpha Fund (USD)!** 0.94/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.63/ Aberdeen Asset Mgt Asia Limited American Opp 0.6332/ Asian Credit Fund10,070 words
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Article225 2011-11-02 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A38 40 45 3.6 9.2 3 99 53 25.5 Genting HK US$ US28.5 -1 9575 29.5 28 28 28.5 1876.6 15 10 OGL Resources225 words
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Article840 2011-11-02 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 118 30 118 118 117 118 538.6 1261 856 CIMBAsean40 100US$ US976 -25 19 991 970 964 976 39 *****840 words
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FINANCE & COMMODITIES
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373 2011-11-02 25 In local curr In S$ In US$ dy yr dy yr dy yr Oct 31 Index Change Change Change Change Change Change World Preliminary 843.3 -1.8 -6.1 -1.6 -6.6 -2.4 -4.4 EAFE Preliminary 698.9 -2.3 -12.7 -2.7 -11.3 -3.6 -9.2 Europe Preliminary 1033.7 -2.8 -11.5373 words
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Article, Illustration127 2011-11-02 25 As on 31 October 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS GOLD FUT DEC2011 1730.40 1705.70 1725.30 1747.40 SILVER FUT DEC2011 35.015 34.160 34.360 35.300 CURRENCY AUD-USD FUT DEC2011 1.0567 1.0446 1.0532 1.0649 EUR-USD FUT DEC2011 1.4112 1.3900 1.3928 1.4160 GBP-USD FUT DEC2011127 words
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Article77 2011-11-02 25 CRUDE OIL PRODUCTS Oct 31 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.47 -1.93 WTI (Near Mth) 92.67 -0.70 Dubai (1-Mth F) 105.17 -2.01 Tapis blend 115.41 -2.45 Minas 109.61 -2.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.17 0.17 Jet Kerosene 127.20 -2.05 US$/barrel Opec Oil77 words
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Article107 2011-11-02 25 Oct 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1207.50 1217.00 1219.00 1193.50 Jan 12 1217.25 1226.00 1229.00 1203.50 Mar 12 1227.00 1235.75 1238.50 1213.75 May 12 1236.00 1244.75 1247.00 1222.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 51.17107 words
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Article81 2011-11-02 25 Nov 1 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 02.02.2012 0.29 0.23 0.23 1-Year BY*****W 01.11.2012 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.30 103.34 103.34 5-Year N*****0W 1.125 01.04.2016 102.4381 words
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Article454 2011-11-02 25 Nov 1 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4750 0 1432 Mar12 99.4250 0 2578 Jun12 99.4200 0 1151 Sep12 99.4200 0 576 EUROYEN TIBOR FUTURES Dec11 99.6775 99.6775 99.6750 99.6750 0 2479 Mar12 99.6725 0 2378 Jun12 99.6750 0 1470 Sep12 99.6725 0454 words
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Article171 2011-11-02 25 Nov 1 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 380.0 368.0 368.0 43 325 Jan 12 376.0 370.0 370.0 28 236 Feb 12 384.1 373.7 376.0 20 175 Mar 12 379.3 269 Apr 12 380.0171 words
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Article71 2011-11-02 25 Oct 31 Oct 31 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2196.50 2223.25 3 months 2218.00 2242.00 Copper, Grade A (US$/tonne) Cash 7981.50 8169.50 3 months 7990.00 8175.00 Lead (US$/tonne) Cash 2061.50 2070.50 3 months 2082.00 2090.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article29 2011-11-02 25 Nov 1 Open High Sett STI Nov 2822 2822 2785 SIMSCI Nov 325.9 326.7 317.3 Taiwan Nov 267.3 271.9 269.7 Source: MF Global (S) Pte Ltd29 words
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2171 2011-11-02 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 45 52.50 30 ASJ Hldgs W*****1 0.2 1 4 24 17.00 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.42,171 words
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Article82 2011-11-02 25 Oct 31 COCOA (£/tonne) Close Prev High/Low Dec 11 1673 1700 1693/1662 Mar 12 1698 1725 1715/1688 May 12 1711 1740 1724/1699 Jul 12 1726 1759 1741/1717 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1779 1857 1848/1769 Jan 12 1822 1899 1874/1811 Mar 12 1854 1931 1918/1846 May 1282 words
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Article463 2011-11-02 25 Nov 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.045 6.599 0.755 8.068 51.050 92.498 0.811 11.604 3.234 1.296 89.289 44.279 1.317 8.348 0.917 31.242 32.024 0.648 1.039 Canada 0.957 6.314463 words
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Article82 2011-11-02 25 Nov 1 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article140 2011-11-02 25 Nov 1 GOLD (US$/oz) Nov 01 Oct 31 Hong Kong 1715.00 1718.30 Oct 31 Oct 28 London 1723.49 1743.19 1725.21 1744.30 Source: Thomson Reuters Source: Reuters CAST BAR Nov 01 (S$) Selling Buying Kilobar 74,634.64 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 70 5gm 475 348140 words
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Article57 2011-11-02 25 Nov 1 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 11 2944 2925 2944 2925 40 1106 Dec 11 2940 2925 2955 2917 1795 ***** Jan 12 2942 2923 2958 2914 ***** ***** Feb 12 2947 292057 words
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Article22 2011-11-02 25 Nov 1 S$ Bid Offer 1-month 1.2682 1.2687 2-months 1.2682 1.2687 3-months 1.2681 1.2686 6-months 1.2664 1.2672 Source: OCBC22 words
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Article154 2011-11-02 25 Nov 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3168 1.3179 1.0383 1.0388 Canadian dollar 1.2600 1.2611 0.9935 0.9940 Euro 1.7444 1.7452 1.3755 1.3756 NZ dollar 1.0156 1.0166 0.8008 0.8013 Sterling pound 2.0309 2.0321 1.6014 1.6017154 words
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Article121 2011-11-02 25 As at 9am Nov 01 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.354 1.29 Can dollar 1.28 1.231 Euro 1.769 1.701 Sterling pound 2.055 1.976 NZ dollar 1.043 0.994 US dollar 1.271 1.223 Local dollars to 100 units of foreign121 words
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Article161 2011-11-02 25 Nov 1 $S Offer Bid 0vernight 0.01 par 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.35 0.20 1 month 0.45 0.25 2 months 0.55 0.30 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12161 words
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4403 2011-11-02 26 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination4,403 words
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Page 26 Advertisements
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Advertisement41 2011-11-02 26 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 To All Shipping Advertisers: Please call Joe Wong at 9620 132741 words
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Advertisement27 2011-11-02 27 Shipping lines seeking reliable logistics partners FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, Can they find your services here in the Shipping Times? DIE BUSINESS DMES27 words
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Advertisement5740 2011-11-02 28 VOLUNTARY CONDITIONAL CASH OFFER by PRIME PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****7389D) for and on behalf of PROFIT SEA HOLDINGS LIMITED (Incorporated in the British Virgin Islands) (Company Registration No. *****43) an indirect wholly-owned subsidiary of mn BOER PQlilER BOER POWER5,740 words
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Advertisement261 2011-11-02 29 <1 u I I a FX Traders You'll be in good company \t \t, \C \t, vr, 7C7C7C7C7C7C7C7C7C Best Speed of Best Research and Best Effective Best Integrated Best Improved Best Improved Best White Label Best Forex Broker Best Liquidity Execution Analytics Risk Management Workflow and Overall Market Overall Market261 words
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Advertisement488 2011-11-02 30 GET SMARTER WITH SMARTPHONE MOMENTUM J Watch Lists m S Real Time Quotes 11:35 PMET 09/14/11 E*TRADE MOBILE#PRO Unleash Your U.S. Trading +7 a Streaming Real-time Quotes Complete View of Accounts UhlJ Easy Stock Options Trading Market Indexes Stocks at a glance Live Watch Lists Portfolios Market News Commentary COMMISSION488 words
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Advertisement21 2011-11-02 30 How to run a business without running out of ideas SMENov/Decissueoutnow! Producedby +Aroundtheworldintheirshoes:Charles&Keithtracksacrosstheglobe. +0=4<;<<48,!<.",<41;19,!<.#’!4<<,1<;.1( +6.7<.1,".<;4<,-,45!41-2:;5-#,54<;.1!=;%!;1*=;14( +6.7<.!;&,:%3.:#%.<,1<;45-;!<#;2:<.#( +)4#<1,#;1"$.#!://,!!( AvailableatCaltex,Esso,ShellandSPCpetrolstations, 7ElevenandCheersstoresandleadingbookstores Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaTNTclient,whilestockslast!21 words
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Advertisement108 2011-11-02 31 imageFORMULA Canon Delighting You Always lust iDDOei to scan 190 cheques Canon space-saving Cheque Reader for quick and reliable scanning efficiency Count on the compact, front counter Canon ImageFORMULA Series for reliable, high-speed scanning efficiency. With duplex scanning, large capacity feeder and high precision MICR reading among its variety of108 words
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executive Money
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Article, Illustration746 2011-11-02 32 HAREN SHAH - What are equity markets pricing? And what does that mean for investors? MONEY MATTERS HAREN SHAH The writer is director and senior investment strategist, Asia Pacific at Citi Private Bank RECENTmonthshaveseen global investors go from being a fairly positive group to one that is overly nervousSource: Factset, Citi Investment Research and Analysis. As of Oct 17, 2011; Source: MSCI, Citi Investment Research and Analysis. As of Oct 10, 2011 - 746 words
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Article, Illustration1950 2011-11-02 29 JIM COLLINS, MORTEN T HANSEN - Successful leaders recognise luck and seize it, write JIM COLLINS MORTEN T HANSEN NYT BETTER to be lucky than good, the adage goes. And maybe that’s true if you just want to be merely good, not much better than average. But what if you want toNYT; AP - 1,950 words
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Article, Illustration1423 2011-11-02 30 An investment firm’s analysis finds that successful strategies do not always conform to accepted wisdom NYT WITH the stock market so volatile, investors have been asking how to ride out the swoons and maybe even outperform the major indexes. The answers at least according to anNYT; BLOOMBERG - 1,423 words
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Advertisement116 2011-11-02 32 1.5 September 2011 Net Profit 1.1 September 2010 I 0.8 September 2009 September 2008 September 0.3 2006 September 2005 September 2007 Net Profit USD 1.5 billion up by 30.4% on September 2010 QNB Group September 2011 Financial Results A solid foundation, market-setting growth and a progressive expansion strategy have placed116 words
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