The Business Times, 9 November 2011

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Microfilm: NL31699
Total Pages: 35
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Wednesday, November 9,
    23 words
  • Article, Illustration
    Lock icon Berlusconi wins budget vote but markets smell blood
    760 1  -  By NEIL BEHRMANN in London AFTER surging earlier in the day, European stocks pulled back yesterday as Italian Prime Minister Silvio Berlusconi’s beleaguered coalition won a key vote in parliament without an absolute majority of 316 seats. The vote on Italy’s 2010
    AFP  -  760 words
  • Article
    Lock icon Smoothing the bumps in the COE system
    794 1  -  Motor traders address issues in current system, submit paper to ministry By SAMUEL EE [SINGAPORE] The Motor Traders Association of Singapore (MTA) has given its take on COEs and the Vehicle Quota System (VQS) to the government, saying that the current format spells
    794 words
  • Article
    Lock icon MARKETS DIGEST
    142 1 GST INDEX 2,866.52 (+18.28) GST INDEX FUTURES 2,866 (+18) GSIMSCI 325.44 (+0.65) GSIMSCI FUTURES 325.60 (+0.30) FOREX US$ S$ US$ (S$ per US$) 1.274 (US$/S$ per 1.605 2.044 EURO (US$/S$/E) 1.374 1.750 Foreign currency per US$ S$ YEN 78.00 61.20 RM 3.132 2.458 HK$ 7.771 6.100 BAHT 30.75
    142 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Olympus shares dive 29% after cover-up admission
      768 2  -  It used more than US$1 b in merger payouts to conceal investment losses By in ANTHONY ROWLEY in Tokyo LEADING Japanese optical equipment maker Olympus shocked markets yesterday by admitting to a massive cover-up of losses on securities investments and said that those
      AFP  -  768 words
    • Article
      Lock icon UOL’s rejected bid shows land-banking discipline
      691 2  -  COMMENTARY By UMA SHANKARI THE government’s announcement last Friday that it will reject a joint offer from UOL Group and Singapore Land (SingLand) for a commercial plot in Paya Lebar because the bid was “too low” has caused somewhat of a stir in the
      691 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      496 2 Smoothing the bumps in the COE system THE Motor Traders Association of Singapore has given its take on COEs and the Vehicle Quota System to the government, saying that the current format spells “feast or famine” for traders. MTA president Cheah Kim Teck says: “In a way, we
      496 words
    • Article, Illustration
      Lock icon PCCW IPO tipped to raise up to US$1.4b
      630 4 It would be the biggest offering in HK since Citic’s US$1.77b IPO Reuters [HONG KONG] Hong Kong’s PCCW Ltd plans to launch today the IPO for its telecoms business, two sources with direct knowledge of the plans told Reuters yesterday, braving volatile
      Reuters; BLOOMBERG  -  630 words
    • Article
      Lock icon HK likely slid into recession in Q3: Daiwa
      376 4 Bloom berg [HONG KONG] Hong Kong’s economy, a barometer of global growth, probably sank into recession with a contraction in the third quarter, according to Daiwa Capital Markets Ltd and Australia New Zealand Banking Group Ltd. Gross domestic product shrank 1.5 per
      Bloomberg  -  376 words
    • Article
      Lock icon Thai PM pulls out of Apec summit to focus on floods
      452 4  -  By LEE U-WEN [SINGAPORE] Still struggling with the mammoth task of tackling her country’s worst flooding in 50 years, Thai Prime Minister Yingluck Shinawatra has cancelled her planned trip to Hawaii this weekend to attend the Asia-Pacific Economic Cooperation
      452 words
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      262 2 Cathay Pacific Deals Hurry! A Book Now! airfares.com.sg Call MISA TRAVEL Tel: 6538-0318 for more deals more airfares more savings Cathay Pacific Smart Saver with HSBC Bangkok Hong Kong Colombo Taipei Kaohsiung A Ex-SIN from 15 Nov 2011 fr. S$ 428 A fr. S$ 440 fr. S$ 588 A fr.
      262 words
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      187 3 DBS PRIVATE X BANK One Private Bank believes that to help manage your wealth in Asia, you don't just need a banker .r: fdr.x a m "T" it" «MTJ vv '-WW9U ■J-i -rr 7 a You need the whole bank We are DBS Private Bank. Asia's safest, Singapore's best. When
      187 words
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      1086 4 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 and
      1,086 words
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      90 5 In the future, the food chain and the supply chain will merge. w < #> XA l v ■eskt?* '>■ t. f L mm i «"3Z1071" > I.: i'.-Wl xr: In tomorrow's global economy, every resource will be counted. HSBC is one of the world's leading supply chain organisations. We
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Lock icon Federal unit ends US$210m deals
        119 6 FEDERAL International (2000) Ltd announced that its 70 per cent owned subsidiary, Alton International Resources Pte Ltd (AIR), has terminated a batch of contracts to supply coal, iron ore and manganese ore to a Singapore subsidiary of a China company. The contracts, said to be
        119 words
      • Article
        Lock icon Tung Lok sinks into the red in H1
        69 6 TUNG Lok Restaurants (2000) Ltd reported that it has sunk into the red for the half year ended Sept 30, 2011, with a net loss of $468,000 compared with a net profit of $322,000 a year ago. Revenue fell 5 per cent
        69 words
      • Article
        Lock icon Aspial mulls Catalist listing of unit
        67 6 ASPIAL Corporation Ltd said that it is considering the feasibility of listing its financial services business on Catalist on the Singapore Exchange. It has engaged professional advisers to advise on the proposed restructuring. Aspial said the proposed restructuring is in its preliminary stage and
        67 words
      • Article
        Lock icon Advanced Hldgs Q3 profit up 21.5%
        82 6 ADVANCED Holdings Ltd posted a net profit of $1.51 million for the third quarter ended Sept 30, 2011, up 21.5 per cent over the $1.24 million it achieved a year ago. Revenue grew 7.5 per cent to $20.24 million due to improved sales in
        82 words
      • Article
        Lock icon Kreuz Q3 earnings soar
        83 6 KREUZ Holdings Ltd, a subsea solutions provider for the oil and gas industry, reported a third-quarter net profit of US$5.85 million, up from $937,000 for the year-ago period. The surge in profit attributable to shareholders came as revenue for the three months ended Sept 30, 2011
        83 words
    • Article
      Lock icon OUE’s Q3 profit dives in absence of fair-value gains
      426 6  -  Revenue up 68.7%, helped by hospitality and property investment arms By EMILYN YAP OVERSEAS Union Enterprise (OUE) yesterday posted a higher revenue for the third quarter, but greater finance costs and the absence of fair value gains led to a lower
      426 words
    • Article, Illustration
      Lock icon Wheelock posts 8.5% rise in Q3 profit to $81m
      320 6  -  By KELLY TAY WHEELOCK Properties (Singapore) posted an 8.5 per cent year-on-year rise in net profit, from $74.5 million to $80.8 million, for the third quarter ended Sept 30. Revenue for the quarter came in 1.7 per cent higher at $164.4
      FILE PHOTO  -  320 words
    • Article
      Lock icon Three Hongwei Technologies directors step down
      380 9  -  Two implicated by findings of special audit, third a spouse of one of them By LYNETTE KHOO THREE directors of Hongwei Technologies two of whom were implicated by the findings of a special audit, and the third is the spouse of one of them
      380 words
    • Article, Illustration
      Lock icon Noble leads the charge with $100,000 in donations
      289 9  -  By ARTHUR LEE ON 11/11/11, the Bull Charge will once again hit the streets of the CBD. This marks the eighth consecutive year that the Singapore Exchange (SGX) is organising the charity run. And one company that has been a big supporter
      ARTHUR LEE  -  289 words
    • Article
      Lock icon UOB-Kay Hian Q3 profit falls 31.3% to $23m
      405 9  -  Earnings per share for Q3 were 3.19 cents, down from 4.65 cents a year ago. By SIOW LI SEN UOB-KAY Hian Holdings’ third-quarter net profit fell 31.3 per cent year on year to $23.2 million as retail investors stayed on the sidelines
      405 words
    • Article
      Lock icon Put warrants and how they work
      621 11  -  HOCK LOCK SIEW By R SIVANITHY MOST people can easily grasp the concept behind call warrants, these being instruments that give holders the right to buy the underlying asset within a specified time at a fixed price. This is because calls behave in a
      621 words
    • Article
      Lock icon Yangzijiang acquires rest of Jiangsu Runyuan
      333 11  -  By LYNETTE KHOO YANGZIJIANG Shipbuilding has acquired the remaining 49 per cent stake that it does not already own in a micro-lending unit in Jiangsu province, raising its exposure to the microfinancing business. The group, through two wholly owned subsidiaries, bought the remaining stake
      333 words
    • Article
      Lock icon CWT’s Q3 earnings soar to $15.8m
      396 11  -  Results helped by acquisition of MRI Trading By MICHELLE TAN LOGISTICS company CWT Limited posted a 189 per cent jump in third-quarter net profit to $15.8 million from $5.5 million a year back, following the completion of the acquisition of MRI Trading AG. Earnings
      396 words
    • Article
      Lock icon At a glance
      334 11 9-month and Q3 results ended September 2011 3 months ended September 2011 9 months ended September 2011 NET PROFIT (S$M) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG NET PROFIT (S$M) TURNOVER (S$M) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG TURNOVER (S$M) COMPANY OUE 267.49 328.65 -18.6 226.88 150.90 50.3
      334 words
    • Article
      Lock icon Taiyo offers to take Leeden private at 57¢ a share
      262 11 TOKYO-listed Taiyo Nippon Sanso Corporation (TNSC), through wholly owned subsidiary Taiyo Nippon Sanso Singapore Pte Ltd (Taiyo), has proposed to take Singapore-listed Leeden Limited private. A joint statement by Taiyo and Leeden yesterday said the proposed voluntary delisting will be
      262 words
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      154 6 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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      304 6 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF ZECTER PTE. LTD. Registration No.: *****5026C At an Extraordinary General Meeting of ZECTER PTE LTD duly convened and held at 86 Marine Parade Central, #03-210, Singapore *****6, on the 8th day of November 2011
      304 words
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      207 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GARBUIO ASIA PTE LTD (Company Registration No. *****3617N) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members
      207 words
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      76 7 In the future, South-South trade will be norm not novelty. i m vmii Pv srmt Direct trade between fast-growing nations is reshaping the world economy. HSBC is one of the leading banks for trade settlement between China and Latin America. There's a new world emerging. Be part of it. There's
      76 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Bets on rise in Western markets
      587 8  -  Gains for the Jardine group also help the ST Index chalk up an 18-point increase STOCKS R SIVANITHY Senior Correspondent A FIRM opening for Europe and gains for the Jardine group helped the Straits Times Index (STI) to an 18.28-point rise at 2,866.52 in
      587 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Nov 8 VALUE CLOSE BT OB/OS 266.00-138.00 BT CADI -*****.00 -38.00 BT 10-day MA -*****.00 +27.00 FTSE ST Mid Cap 627.34 -0.49 FTSE ST Small Cap 425.44 +0.36 FTSE ST All Share 686.05 +3.40 FTSE ST China Top 196.92 -0.19 FTSE ST China 236.51 +0.78 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME MDR W*****5 113,816,000 Golden Agri 104,098,000 Genting SP 79,069,000 S i2i 58,906,000 CNMC 49,123,000 SingTel 37,479,000 Pollux R 34,629,000 Mewah 34,011,000 MDR 32,113,000 CitySpring 29,796,000 VALUE($) Genting SP 138,109,585 SingTel 117,331,670 DBS Grp 70,034,960 UOB 69,274,860 Golden Agri 68,797,805 Keppel Corp 67,925,630 Wilmar 51,671,180 Noble Grp
      57 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 5 6 0 0 0 4 5 6 Manufacturing 41 59 37 3 4 5 44 63 42 Commerce 15 26 18 2 4 5 17 30 23 Tpt/Stor/Comms 13 16 8
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,470 15,470 83,208 83,208 Manufacturing 176,762 2,673 179,435 202,575 45 202,620 Commerce 77,110 4,110 81,220 103,320 371 103,691 Tpt/Stor/Comms 163,206 23,674 186,880 201,033 2,569 203,602 Finance 16,809 16,809 189,364 189,364 Construction 17,217 36,896 54,113 3,895
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 8 Stock name Close Change CapMallsAsia 1.365 +0.010 CapitaLand 2.690 -0.040 CapitaMall 1.785 CityDev 10.740 +0.160 ComfortDelGro 1.425 +0.005 DBS Grp 12.760 +0.100 F&N 6.260 +0.150 GLP 1.855 +0.090 Genting SP 1.750 +0.025 Golden Agri 0.665 +0.010 HK Land 5.000 -0.030 JMH 53.750 +2.140 JSH 32.100 +0.700
      112 words
    • Article, Illustration
      Lock icon Swiss franc rebounds against the euro
      483 8 CURRENCIES Reuters [LONDON] The euro fell against the Swiss franc after a Swiss central bank official doused expectation of near-term intervention but held steady against the dollar yesterday, before a vote in the Italian Parliament seen likely to approve last year’s budget. The franc
      Reuters; REUTERS  -  483 words
    • Article, Illustration
      Lock icon QUICKCHART
      438 8  -  by Kim Eng Research Bearish bias Entrenched in downward momentum with prices forming lower-low patterns, the stock is trading below the moving averages and the bias remains on the downside in the short term. The level to watch is $6.11 (52-week low). Breaching below this level would indicate a
      438 words
    • Article
      Lock icon RISES
      115 8 BY CENTS CLOSE UP GLD 10US$ ***** 435.5 2.0 JMH 5375 272.5 4.1 DBXT AUD Bonds 5AU$ ***** 271.3 1.2 DBXT DBLCI-OY 5US$ 3998 268.7 5.6 DBXT MSUSA 10US$ 3030 112.1 3.0 JSH 3210 89.1 2.2 DBXT S&P500 10US$ 2010 76.4 3.1 Lyxor US DJIA 10 US$ 1220 54.8
      115 words
    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-225.4 -1.6 DBXT MSKorea 10US$ 5470-152.8 -2.1 DBXT E50 10US$ 3558-137.5 -2.9 DBS Bk 4.7% NCPS 100 *****-130.0 -1.2 DBXT FTVietnam 10US$ 2250 -75.1 -2.6 DBXT MSEurope 10US$ 4173 -73.9 -1.4 Pru 500US$ 1010 -57.3 -4.3 DBXT MSAsExJp 10US$ 2946 -34.4 -0.9
      125 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      283 9 NUS BUSINESS SCHOOL ASIA-PACIFIC EXECUTIVE MBA Another prestigious programme by NUS Business School, National University of Singapore 1ST WORLDWIDE IN INTERNATIONAL I PARTICIPANTS 1HTH WORLDWIDE IN INTERNATIONAL i\J COURSE EXPERIENCE igTH EMBA WORLDWIDE Financial Times Executive MBA Ranking 2011 PROGRAMME HIGHLIGHTS Global Curriculum with Deep Asian Insights Rich Peer-to-Peer Learning
      283 words
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      319 10 lmpiana NUSAJAYA c East Ledang... the new destination for resort living in Nusajaya. ■>£ J* V e m L r Se 35 £T HHH; SS r 2 "St JPT|P© "£Zi~-- 'sj~;- >;o»vs""' i-' r--:J*-; _-v J"—- -r. 1-' rc. v g 3 S.«t3T j a V< 5L "5^ ijt<8£? c
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      11 11 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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      73 11 HIGH-EFFICIENCY GAS TURBINE SUPERCRITICAL POWER TECHNOLOGY SMART GRID k>i ✓-n A/ At FHitachi, our team knows that better power means a more efficient operation of energy sources, I I I IT VV controlled by information technology. This enables everyone to make smarter use of natural energy with I VJ7 t_
      73 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Twothirds of Asia Square Tower 1 taken up
      379 12  -  By UMA SHANKARI TOWER 1 of Asia Square, the newest office building in the Marina Bay financial district, is about 68 per cent leased at rents between $12-16 per square foot per month, the project’s head of leasing, Luke Moffat, said in
      LAU FOOK KONG/THE STRAITS TIMES  -  379 words
    • Article
      Lock icon S’poreans spend a day each week online
      328 12  -  By VICTORIA HO SINGAPOREANS are the most voracious Internet users, according to a Nielsen study. The survey found that Singaporean digital consumers spent an average of 25 hours online each week, topping the South-east Asian region in terms of time spent. Singapore users
      328 words
    • Article
      Lock icon More project delays for US contractor
      423 12  -  Shaw group posts Q4 after-tax loss of US$34.8m on its Singapore project By RONNIE LIM US-based contractor Shaw Group, which is building the main ethylene cracker for ExxonMobil’s new US$5-6 billion petrochemical complex on Jurong Island, is seeing more red numbers from project delays.
      423 words
    • Article
      Lock icon Three projects bag Science and Tech Awards
      473 12  -  They are on stem cell research, cancer diagnosis and P2P By VICTORIA HO THREE projects focusing on stem cell research, cancer diagnosis and peer-to-peer computing were honoured at the President’s Science and Technology Awards (PSTA) 2011 yesterday evening. The PSTA comprises three awards:
      473 words
    • Article
      Lock icon Singaporeans are savvy luxury shoppers: survey
      468 12 ABOUT 68 per cent of Singaporeans intend to spend the same or more on luxury goods in the coming months, according to a survey on consumer purchasing priorities by Mastercard. Singaporeans who now own a luxury item valued at US$1,000 and above, plan to
      468 words
    • Article, Illustration
      Lock icon Lim Hwee Hua joins Ernst & Young’s advisory council
      392 12  - Lim Hwee Hua joins Ernst Young’s advisory council By LEE U-WEN FORMER cabinet minister Lim Hwee Hua has been appointed an independent non-executive of Ernst Young’s global advisory council, the London-based Big Four accounting firm announced yesterday. The council is the company’s top governance body. Its members approve “significant matters
      392 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon MDIS to train Gabon civil servants
        49 12 THE Management Development Institute of Singapore (MDIS) yesterday signed a $600,000 contract with the Ecole Nationale D’Administration of the Gabonese Republic, to train top civil servants in the western central African nation. The five-year programme will train a total of 50 civil servants.
        49 words
      • Article
        Lock icon RS Components opens new office
        51 12 AS part of its growing presence within the Asia-Pacific, RS Components yesterday announced the opening of its new 20,000 square foot office in Singapore’s International Business Park. The company has implemented a new call centre which will provide its customers with faster, more integrated communication
        51 words
      • Article
        Lock icon Andrew Tan appointed Orchard Hotel GM
        55 12 MILLENNIUM and Copthorne International Ltd (MCIL) yesterday announced the appointment of Andrew Tan as general manager of Orchard Hotel Singapore. He will be responsible for the overall business operations of the 656-room hotel. Mr Tan was previously the general manager of Millennium Gloucester and
        55 words
    • Article
      Lock icon Life insurance sector grows 18% in Q3
      338 12 NEW business in the life insurance sector for the third quarter grew by 18 per cent this year, according to the Life Insurance Association (LIA) Singapore. During the quarter ended Sept 30, 2011, the sector registered total weighted new business premiums of $523
      338 words
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  • ECONOMY WATCH
    • Article
      Lock icon Apec should pursue own plans for growth
      617 13 US Treasury official also says main focus for the US will be on rebalancing economies in the region Reuters [WASHINGTON] Top officials from Pacific Rim countries should “pivot away” from Europe’s problems at a summit in Hawaii this week and pursue their own
      Reuters  -  617 words
    • Article
      Lock icon Global economy showing signs of resilience
      608 13 Bloomberg [WASHINGTON] The global economy is showing signs of withstanding a European recession triggered by the debt debacle in Greece. The US unemployment rate fell to 9 per cent last month, the lowest since April, from 9.1 per cent in September, the Labor Department
      Bloomberg  -  608 words
    • Article, Illustration
      Lock icon Poor Americans hit record 49m: Washington
      533 13 Reuters [WASHINGTON] The number of poor Americans hit a record 49 million in 2010, or 16 per cent, with new data showing that poverty rates for the elderly, Asians and Hispanics are higher than previously thought. The figures released on Monday were calculated by
      Reuters; AFP  -  533 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Barisan, opposition join hands to launch new NGO
      507 14  -  Angkatan Amanah Merdeka is meant to promote unity and inclusiveness By S JAYASANKARAN By in Kuala Lumpur FORMER and current leaders of both the ruling Barisan Nasional coalition and the opposition came together yesterday to announce the formation of a new civil
      507 words
    • Article
      Lock icon Indonesia seen cutting rate to 6.25%
      212 14 Reuters [JAKARTA] Indonesia’s central bank will likely cut its benchmark overnight rate for a second straight month to a record low of 6.25 per cent when it meets tomorrow as it aims to spur the domestic economy in the face of a global economic
      Reuters  -  212 words
    • Article
      Lock icon Undervalued retail stock Padini holds potential
      463 14  -  Firm has scope to expand, as M’sia’s income levels rise By in PAULINE NG in Kuala Lumpur ONE OF Malaysia’s most profitable retail companies, Padini Holdings, also appears to be one of its most undervalued, trading at prices cheaper than its peers. Its seven
      463 words
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      831 14 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF SKKA PTE. LTD. (formerly known as Sembenviro KK Asia Pte Ltd) (IN PROVISIONAL LIQUIDATION) (Co. Reg. No: *****2564W) (“the Company”) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS NOTICE IS HEREBY GIVEN that Mr Yin Kum
      831 words
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      776 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HONEYWELL-ASIATIC PTE LTD (In Members' Voluntary Liquidation) Co. Reg. No. *****8551R At an Extraordinary General Meeting of the Company duly convened and held at 17, Changi Business Park Central 1, #01-01 Honeywell Building, Singapore *****3 on
      776 words
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      22 14 f 1 Toll free 1800-289-8822 II If I—I Email notices@sph.com.sg W I i i L. J www.cats.com.sg/notices Notice of Annual General Meeting
      22 words
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      737 14 FDS NETWORKS GROUP LTD. (Incorporated in Bermuda) (Company Registration Number *****) NOTICE OF SPECIAL GENERAL MEETING FDS Networks Group Limited NOTICE IS HEREBY GIVEN that an Special General Meeting of the Shareholders of the Company will be held at 70 Anson Road, #24-01 Hub Synergy Point, Singapore *****5, on 2
      737 words
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      31 15 Life Insurer of the Year Asia Insurance Industry Awards 2011 by Asia Insurance Review Lifeisgreat,thankstoyou. Thisawardreaffirmsthatafter103yearsofbeingSingapore's leadinginsurer,wehavenointentionofslowingdown. Ourcontinualinnovationinproducts,servicesandplanning isdrivenbyone thing.Ourdetermination tomakelife betterforeachandeveryoneofourcustomers. Andwe'dliketothankthosecustomers,alongwithourlife planners,employees,partners and other stakeholders, forsupportingandinspiringustobiggerandgreaterthings. 2011 LifeInsureroftheYear www.greateasternlife.com
      31 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China’s home prices headed for up to 30% fall: Barclays
      409 16 Correction could hit economic growth but financial meltdown unlikely Bloomberg [SHANGHAI] China’s home prices will fall as much as 30 per cent in the next year, driven by the government’s housing curbs, according to Barclays Capital Research. The correction in
      Bloomberg; REUTERS  -  409 words
    • Article
      Lock icon Thousands of HK factories in China face closure
      346 16 Industries see up to 30% drop in orders in H2 this year and H1 of 2012 Reuters [HONG KONG] Up to a third of Hong Kong’s 50,000 or so factories in China could downsize or shut by the end of the year
      Reuters  -  346 words
    • Article
      Lock icon India’s Oct trade deficit hits US$19.6b
      443 16 Deficit for the year seen breaching US$150b mark [NEW DELHI] India’s trade deficit in October hit US$19.6 billion, the highest in four years, while the country’s exports for the same month rose 10.8 per cent to US$19.9 billion, while imports for the month rose
      443 words
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      148 16 3M Polarizing Light Reduce the glare. Protect your eyes. NEW! Introducing the premium Polarizing LED lamp from 3M Energy Saving with Real Eye Protection, now with even Better Ergonomics and Flexibility! Greater Flexibility Dual Level Mood Light Space Saving -J.3W oO ***** noun LONG BULB LIFESPAN LED Technology GLARE REDUCTION
      148 words
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      235 16 An Evening Of Brews hosted by Asia Pacific Breweries and The Business Times WIN A BEER-PAIRING ASIAN-INSPIRED DINNER FOR 2 WORTH $396 The Business Times Weekend offers a relaxing read with a balance of key news updates and exciting lifestyle features in an exclusive Living section. We continue to engage
      235 words
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  • WORLD
    • Article
      Lock icon Citi in list facing highest Basel surcharges
      646 17 Provisional list calls for lenders’ reserves to be above minimum levels Bloomberg [BASEL] Citigroup Inc, JPMorgan Chase Co, BNP Paribas SA, Royal Bank of Scotland Group plc, and HSBC Holdings plc may face top capital surcharges of 2.5 percentage points, according to a
      Bloomberg  -  646 words
    • Article, Illustration
      Lock icon Credit Suisse helping in US tax fraud probe
      507 17 It will release details of rich US accounts to Swiss govt Reuters [ZURICH] Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing US authorities one step closer to obtaining names of alleged tax
      Reuters; AFP  -  507 words
    • Article, Illustration
      Lock icon Heavyweight champion Joe Frazier loses fight with cancer
      386 17 AFP [PHILADELPHIA] Joe Frazier, the former undisputed heavyweight champ famed for his epic fights against Muhammad Ali, died on Monday after a brief but brave battle with liver cancer. He was 67. The family issued a statement confirming Frazier’s death late Monday
      AFP; AP  -  386 words
    • CORPORATE NEWS
      • Article
        Lock icon SocGen’s Q3 profit plunges 31%
        139 17 Bloomberg [PARIS] Societe Generale SA (SocGen), France’s second-largest bank, said third-quarter profit fell 31 per cent, hurt by a writedown on Greek sovereign debt and lower trading revenue. The company won’t pay a dividend for 2011. Net income dropped to 622 million euros (S$1.1 billion)
        Bloomberg  -  139 words
      • Article
        Lock icon SAS posts 214m kronor profit for Q3
        109 17 AFP [STOCKHOLM] Scandinavian airline SAS reported yesterday a slim third-quarter net profit, a switch from a deep loss in 2010, and maintained its positive outlook for all of 2011, but said uncertainty lay ahead. For the July to September period, SAS posted a
        AFP  -  109 words
      • Article
        Lock icon Lloyds slumps to £607m Q3 loss
        130 17 Reuters [LONDON] Lloyds Banking Group, the part stateowned British lender which has been hit by its chief executive’s sick leave, posted a third-quarter loss and said it may miss financial targets due to the economic turmoil. Lloyds, 40 per cent owned by Britain after
        Reuters  -  130 words
      • Article
        Lock icon InterCon posts 73 surge in Q3 earnings
        129 17 AFP [LONDON] InterContinental Hotels Group said yesterday that its net profits jumped 73 per cent to US$178 million in the third quarter on growth at its Chinese and US operations. IHG, which owns the InterContinental, Crowne Plaza and Holiday Inn chains, said its
        AFP  -  129 words
      • Article
        Lock icon Marks & Spencer’s profits dip in first half
        152 17 Marks Spencer’s profits dip in first half AFP [LONDON] British cloth-ing-to-food retailer Marks Spencer (M&S) said yesterday that net profits dipped in the group’s first half as it held back from passing on rising costs to consumers. Profit after tax fell 3.0 per cent to £252.4 million (S$515 million) in
        AFP  -  152 words
    • Article
      Lock icon PICTET
      308 17 Pictet-Absl Rtn Glo Cons-P EUR 03.11 2011 EUR 100,62 Pictet-Absl Rtn Glo Div-P EUR 03.11 2011 EUR 112,48 Pictet-Asian Equities Ex Japan-P USD 03.11 2011 USD 160,32 Pictet-Asian Local Currency Debt-P USD 03.11 2011 USD 143,48 Pictet-Biotech-P USD 03.11 2011 USD 273,73 Pictet-CHF Liquidity-P 03.11 2011 CHF 124,28 Pictet-Clean
      308 words
    • Article
      Lock icon Wall Street bonuses set to fall 20-30%
      597 20 Those who work in trading, investment banking seen experiencing sharpest drops NYT [NEW YORK] Wall Street bonuses are set to fall by an average of 20 per cent to 30 per cent this year from a year ago, according to a closely watched
      NYT  -  597 words
    • Article, Illustration
      Lock icon UBS acting CEO primed for hot seat as time runs out
      482 20 Reuters [ZURICH] Momentum is building for Sergio Ermotti to be endorsed as permanent chief executive of UBS ahead of a key investor briefing next week, several sources said on Monday. However, Mr Ermotti, who has been the man to
      Reuters; REUTERS  -  482 words
    • Article, Illustration
      Lock icon Australia passes landmark carbon price laws
      461 20 Reuters [CANBERRA] Australia passed landmark laws yesterday to impose a price on carbon emissions in one of the biggest economic reforms in a decade. Yesterday’s vote in the upper house Senate made Australia the second major economy behind the European Union to pass car-bon-limiting
      Reuters; BLOOMBERG  -  461 words
    • Article
      Lock icon Asia-Pac office rents rise at double global pace in Q3
      411 20 Beijing tops in the region with rents soaring 50.6% y-o-y Bloomberg [LONDON] Office rents in the Asia-Pacific region rose at almost double the global pace in the third quarter as China’s economic expansion fuelled demand for commercial real estate, according
      Bloomberg  -  411 words
  • Page 17 Advertisements
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      214 17 CATS Recruit The first step on your ladder to success CLA/AUG06/g WATci RECRUIT In 2009, Lithan Hall Academy, together with WDA launched the "Professional Conversion Program ERP Professional". Hundreds of candidates vied for only 50 positions to get training in Enterprise Resource Planning (ERP) and to acquire initial work experience
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  • COUNTRY PROFILE: ESTONIA
    • Article, Illustration
      Lock icon Bright spark in emerging Europe
      2034 18/19  -  Liberal economic policies have resulted in strong growth for Estonia, a member of the EU, reports VINCENT WEE ESTONIA has grown from being just one of many former Soviet republics to become one of the most successful emerging European economies. From 2000 to 2008, Estonia’s
      2,034 words
    • Article
      Lock icon Committed to foreign direct investments
      1210 18/19  -  Foreign investors are guaranteed a level playing field in Estonia Reports by VINCENT WEE ESTONIA offers a good investment climate which its Nordic neighbours have been the first to take advantage of. Indeed, foreign companies are prevalent in several sectors of the Estonian economy. For
      1,210 words
    • Article, Illustration
      Lock icon Singapore link
      295 18/19 ONE of the first big investors in Estonia is Singapore-based Tolaram Group. It has invested a total of about 100 million euros (S$175.2 million) in the country and as one of the first movers into the country, it has closely witnessed Estonia’s rapid economic and social progress. The
      295 words
    • Article, Illustration
      Lock icon Enchanting country
      909 18/19  -  Estonia offers rich history, stunning natural beauty and a wealth of folk culture amid modern trappings, reports VINCENT WEE ESTONIA packs a lot into a small country of only 45,227 square kilometres, with just 1.3 million people. From classic European attractions such as mediaeval castles to astounding nature
      909 words
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      Lock icon Page 18/19 Advertisements Column 1
      54 18/19 Tolaram Group welcomes the Prime Minister of the Republic of Estonia and business delegation to Singapore. We wish the delegation a successful trip to building closer economic and bilateral relationships between both countries. W7 Tolaram Group www.tolaram.com Estonian Honorary Consul in Singapore lA International Business Park #13-01 Singapore *****3 Phone:
      54 words
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  • Page 20 Advertisements
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      91 20 QHHB[D©QaMfeD Cnife[DSD [MlElQDSiiaBSMEDeaGM IIA JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K Whan You Buy, Soil, or Rent WITH EVERY NOVEMBER ISSUE OF SIMPLY HER NAGH And hell be by your side longer HIM
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      Lock icon Page 20 Advertisements Column 2
      95 20 Purchase a Hot Cold water dispenser ONLY$360 and receive: y'FREE 10 bottles; FREE holiday package!* to Malaysia Bali/Phuket t VoR »poic Cft Limited time offer only Hurry Now! op top e'W e Of tec. lV\ eS ao po 30 tat VtoV*^ aV to PLUS pac "Valid while stocks last! "Terms
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      Lock icon Page 20 Advertisements Column 3
      77 20 U.S. FRANCHISES EXPANDING IN SINGAPORE AND MALAYSIA Educational programs focused on creativity, innovation entrepreneurship for corporate executives, schools and children ages 5-15. Seeking Master Licensees Single Center Licensees US$25,000 Investment Required for Single Center Licensee Presentation and meetings will be held in Singapore on: 15th November 2011 Contact Ms. Chia
      77 words
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  • TransportHUB
    • Article
      Lock icon Bunker issues loom large
      939 21  -  Sulphur content cap could prove painful in the interim for VLCC operators STRAIT TALK By DAVID HUGHES LAST week, Barcelona was the venue for debate on a range of issues affecting the bunker industry. Some 170 delegates were registered for The International Bunker Industry Association (IBIA)
      939 words
    • Article, Illustration
      Lock icon Asia cargoes to US fall for first time in 2 years
      804 21 But analysts see end to slump, with rise in 2-way volumes Bloomberg [LONDON] US imports on the world’s biggest trading route are dropping for the first time in almost two years as consumer confidence weakens to the lowest level
      Bloomberg; AP  -  804 words
    • Article
      Lock icon Baltic index hits 7-week low on muted demand
      592 21 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in seven weeks as Chinese iron ore buying remained muted and economy concerns hit sentiment. The overall index fell 18 points on
      Reuters  -  592 words
    • Article
      Lock icon TRANSPORT ST0CKS
      277 21 SGX '000 Nov 8 S$ +/-Vol CH Offshore 0.38 0.01 122 Chuan Hup Hldg 0.22 unch 75 Cosco Corp 0.97 -0.01 5032 CWT Ltd 1.03 -0.01 157 Ezra Hldgs 0.96 unch 3525 First Ship Lea 0.31 unch 294 Freight Links 0.06 unch 1392 Grand Banks unch unch 0
      277 words
    • TRANSPORT HUB: AVIATION
      • Article, Illustration
        Lock icon Boeing, ANA probe 787 landing problem
        591 22 Pilots in Dreamliner forced to deploy landing gear manually on Sunday Reuters [TOKYO] Boeing Co and All Nippon Airways are investigating a landing gear problem on the 787 Dreamliner, the first technical glitch reported since the new jetliner entered service less than two weeks
        Reuters; AP  -  591 words
      • Article
        Lock icon Counterfeit parts found on US defence gear
        536 22 Bloomberg Reuters [WASHINGTON] Dozens of suspected counterfeit parts have been installed on US defence equipment from Raytheon Co, L-3 Communications Holdings Inc and Boeing Co, including aircraft deployed to Afghanistan, a charge rejected by Beijing. The US Senate Armed Services Committee found counterfeit
        Bloomberg; Reuters  -  536 words
      • Article
        Lock icon Kingfisher halts 31 daily flights until Nov 19
        242 22 Reuters [MUMBAI] India’s No 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya, plans to cancel 31 flights daily until Nov 19, including four international flights to Bangkok, the Mint newspaper reported, citing an unnamed airline official. The cash-strapped carrier, which
        Reuters  -  242 words
      • Article, Illustration
        Lock icon Ryanair eyes short-haul gap left by BA, BMI merger
        596 22 Bloomberg [LONDON] Ryanair Holdings plc plans to step up talks with Boeing Co and China’s Comac as it seeks new planes to exploit gaps on short-haul routes likely to be left by a merger of British Airways with Deutsche Lufthansa AG’s
        Bloomberg; BLOOMBERG  -  596 words
      • Article
        Lock icon JAL raises earnings forecast by 85%
        391 22 AFP Bloomberg [TOKYO] Japan Airlines Co, which exited bankruptcy protection in March, raised its annual earnings forecast by 85 per cent after slashing loss-making routes and boosting cooperation with American Airlines. The airline said yesterday that its first half net profit reached US$1.25 billion,
        AFP; Bloomberg  -  391 words
    • TRANSPORT HUB: LAND
      • Article
        Lock icon Toyota drops profit outlook over Thai floods
        618 23 Plants in its S-E Asia export hub forced to halt work since Oct 10 Reuters [TOKYO] Toyota Motor Corp withdrew its full-year profit outlook yesterday as Thai floods pose a fresh threat to production just as it was recovering from supply shortages that
        Reuters  -  618 words
      • Article, Illustration
        Lock icon Chevy to launch Colorado pickup in 2012
        587 23  -  Developed in Thailand, it will be made in Rayong By SAMUEL EE [SINGAPORE] Chevrolet will enter the local commercial vehicle market for the first time with its new Colorado pickup next year. The brand with the gold bow tie is set to unveil
        587 words
      • Article, Illustration
        Lock icon China mulls major cuts in railway investment
        365 23 Reuters [BEIJING] China’s annual investment on railway construction could fall to about 500 billion yuan (S$100 billion) a year, retreating from ambitious heights mapped out in a plan for the sector that has struggled with high debts, an official Chinese newspaper said yesterday.
        Reuters; AP  -  365 words
      • Article
        Lock icon GM’s vehicle sales in China increase 10%
        438 23 Bloomberg [BEIJING] General Motors Co’s vehicle sales rose 10 per cent last month in China, bucking an estimated drop in overall passen-ger-car sales, after it offered discounts on low-cost minivans in the world’s biggest car market. The company sold 220,412 vehicles in China
        Bloomberg  -  438 words
      • Article
        Lock icon GM throws spanner into Saab-rescue works
        415 23 Reuters [DETROIT] The owner of Saab cars scrambled to save a rescue deal for the Swedish brand after General Motors Co (GM) said that it would stop supplying components and technology if two Chinese companies succeeded with their acquisition bid. The GM statement on
        Reuters  -  415 words
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      116 21 ASIA-WEST AFRICA TRADE AGREEMENT (AWATA) In order to ensure that the Member Lines are able to continue to provide the service necessary to meet the needs of their customers, the Member Lines of the Asia West Africa Trade Agreement (AWATA) have decided to implement the following general rate increase on
      116 words
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      325 22 CRYPTIC CROSSWORD Across 1 Spoken eulogy opening following Church hymn (7) 5 Fat one crying? (7) 9 Tortured genius had suffering (9) 10 Card in run containing ace (5) 11 Strokes embracing hem of satin knickers (5) 12 Model’s cold before interior shot (9) 13 Policeman’s dispatched to check identity
      325 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Taiwan’s electoral picture gets murkier
      485 24 EDITORIAL THE decision of a former Kuomintang (KMT) stalwart, James Soong, to throw his hat into the ring has added another element of uncertainty into Taiwan’s presidential race. As the third party candidate, the People First Party leader is likely to draw away some support
      485 words
    • Article, Illustration
      Lock icon Debtors’ revolt against creditor dictatorship
      913 24  -  Papandreou’s referendum move would have had huge economic ramifications for eurozone DANIEL GROS The writer is director of the Center for European Policy Studies Project Syndicate GREEK Prime Minister George Papandreou’s call to hold a referendum on the rescue package agreed at the eurozone summit
      Project Syndicate; REUTERS  -  913 words
    • Article, Illustration
      Lock icon Beijing must act to stem emigration of its rich
      777 24  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 IN APRIL, consulting firm Bain and Co and China Merchants Bank released a study which disclosed that about half of China’s richest
      777 words
    • Article, Illustration
      Lock icon Riding on the rise of Russia
      1491 25  -  Russia is coming to terms with its need to re-engage with other markets and countries on the global stage By MICHAEL TAY The writer is executive director, Russia-Singapore Business Forum, and founding director, Centre for Emerging Market at SMU AS Vladivostok Air flight XF763
      MALCOLM KOH/THE STRAITS TIMES  -  1,491 words
    • Article, Illustration
      Lock icon Dispelling the myths about the global population
      1178 25  -  By NICHOLAS EBERSTADT The writer is the Henry Wendt scholar in political economy at the American Enterprise Institute and the author of ‘The Poverty of the Poverty Rate’ LAT-WP THE world’s population hit seven billion people this past week, according to United Nations
      – LAT-WP; AFP  -  1,178 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7978 26 Transaction date: Nov 8 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 11.6 14 7.8 4.5 2.8 64.7 9.5 4.1 A-Sonic 4.6 4.8 5.3 2.8 1.7 32.9 65
      7,978 words
    • Article
      Lock icon SGX CATALIST
      1558 27 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 12.5 t 800 Super 12.6 -1.6 200 12.8 12.5 12.6 14 4.7 4.4 4.9 22.5 5.5 2.5 t AA Grp 3.3 +0.3 20
      1,558 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10049 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.19/ 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 0.62/ Aberdeen Asset Mgt Asia Limited American Opp 0.6264/ Asian Credit Fund
      10,049 words
    • Article
      Lock icon GLOBALQUOTE
      229 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A38 36 45.5 3.6 9.2 3 99 53 25.5 Genting HK US$ US29 unch 8608 29.5 28.5 29 29.5 1909.5 15 10 OGL Resources
      229 words
    • Article
      Lock icon SGX ETF
      875 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 116.5 +0.3 6 116.5 116.5 116.2 116.8 531.8 1261 856 CIMBAsean40 100US$ US979 -8 3 987 979 982 991 39.2
      875 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 28 In local curr In S$ In US$ dy yr dy yr dy yr Nov 7 Index Change Change Change Change Change Change World Preliminary 830.8 -0.4 -7.4 0.0 -7.0 -0.4 -6.4 EAFE Preliminary 686.2 -0.3 -14.3 -0.1 -12.6 -0.4 -12.0 Europe Preliminary 1012.4 -0.4 -13.4
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      128 28 As on 07 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METALS GOLD FUT DEC2011 1781.70 1764.30 1790.80 115 SILVER FUT DEC2011 34.820 33.900 34.815 30 CURRENCY AUD-USD FUT DEC2011 1.0339 1.0228 1.0295 3194 EUR-USD FUT DEC2011 1.3806 1.3679 1.3745 ***** GBP-USD FUT
      128 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 28 CRUDE OIL PRODUCTS Nov 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.98 1.04 WTI (Near Mth) 95.73 1.34 Dubai (1-Mth F) 106.46 -0.43 Tapis blend 118.37 -0.26 Minas 112.57 -0.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.56 unch Jet Kerosene 127.90 unch US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 28 Nov 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1192.25 1212.50 1213.25 1188.50 Jan 12 1201.75 1221.00 1223.00 1198.00 Mar 12 1211.50 1230.00 1231.75 1207.75 May 12 1221.50 1238.25 1240.50 1217.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 51.20
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 28 Nov 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 09.02.2012 0.29 1-Year BY*****W 01.11.2012 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.46 103.52 103.39 5-Year N*****0W 1.125 01.04.2016 102.47 102.63 102.60
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      458 28 Nov 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4650 0 2712 Mar12 99.3900 0 3678 Jun12 99.3900 0 1101 Sep12 99.3900 0 406 EUROYEN TIBOR FUTURES Dec11 99.6700 1 2482 Mar12 99.6675 0 2178 Jun12 99.6700 0 1470 Sep12 99.6675 0 710 Dec12 99.6650
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    • Article
      Lock icon SGX FUTURES
      163 28 Nov 8 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 350.0 348.0 351.0 10 283 Jan 12 350.0 350.0 350.8 15 266 Feb 12 353.5 201 Mar 12 358.7 279 Apr 12 364.0 140 May 12
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    • Article
      Lock icon LONDON METALS
      71 28 Nov 7 Nov 7 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2100.75 2119.25 3 months 2121.00 2140.00 Copper, Grade A (US$/tonne) Cash 7806.50 7852.25 3 months 7825.00 7870.00 Lead (US$/tonne) Cash 1987.00 2027.00 3 months 2010.00 2048.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 28 Nov 7 COCOA (£/tonne) Close Prev High/Low Dec 11 1689 1677 1697/1673 Mar 12 1709 1700 1723/1699 May 12 1725 1714 1737/1714 Jul 12 1739 1729 1752/1729 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1793 1763 1810/1753 Jan 12 1836 1806 1865/1802 Mar 12 1870 1840 1898/1836 May 12
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2024 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 45 52.50 30 ASJ Hldgs W*****1 0.2 1 4 17 18.00 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.4
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 28 Nov 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.048 6.535 0.749 7.999 50.847 92.131 0.803 11.559 3.224 1.296 88.889 44.429 1.311 8.209 0.932 30.984 31.649 0.642 1.029 Canada 0.954 6.237
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    • Article
      Lock icon SIBOR
      82 28 Nov 8 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      137 28 Nov 8 GOLD (US$/oz) Nov 07 Nov 08 Hong Kong 1771.50 1791.00 Nov 04 Nov 07 London 1754.39 1782.19 1755.40 1783.24 Source: Thomson Reuters CAST BAR Nov 08 (S$) Selling Buying Kilobar 78,338.98 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 175 73 5gm 498 365 10gm 890
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    • Article
      Lock icon PALM OIL
      57 28 Nov 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 11 3010 3052 3050 3010 21 774 Dec 11 2996 3050 3052 2995 1978 ***** Jan 12 2985 3045 3048 2984 ***** ***** Feb 12 2990 3046
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    • Article
      Lock icon STOCK INDEX FUTURES
      21 28 Nov 8 Open High Sett STI Nov 2866 SIMSCI Nov 321.6 326.9 325.6 Taiwan Nov 270.4 272.7 269.2
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 28 Nov 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3107 1.3120 1.0293 1.0295 Canadian dollar 1.2506 1.2525 0.9821 0.9828 Euro 1.7493 1.7508 1.3737 1.3738 NZ dollar 1.0108 1.0125 0.7938 0.7945 Sterling pound 2.0430 2.0450 1.6044 1.6047
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 28 Nov 8 S$ Bid Offer 1-month 1.2734 1.2744 2-months 1.2733 1.2744 3-months 1.2732 1.2742 6-months 1.2710 1.2723 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 28 As at 9am Nov 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.345 1.281 Can dollar 1.274 1.225 Euro 1.778 1.71 Sterling pound 2.074 1.995 NZ dollar 1.037 0.988 US dollar 1.287 1.238 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 28 Nov 8 $S Offer Bid 0vernight 0.03 0.01 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12
      154 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    4496 29 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 Destination
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  • Page 29 Advertisements
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  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      104 30 Shipping lines seeking reliable logistics partners R rgently n cl d by shippers ADVERTISI JOE WONG 9620 1 Celebrate Your Project Completion Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments and Company Anniversaries. There's no better way to
      104 words
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      Lock icon Page 31 Advertisements Column 1
      170 31 Until pianist Kathryn Stott helps Yo-Yo Ma bring out the best in a composition, she will not rest. (Berlin, 2011.) What can your client advisor learn about chemistry from Kathryn Stott? Kathryn Stott knows every nuance of Yo-Yo Ma's playing style. She can anticipate the slightest change in his tempo.
      170 words
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      226 34 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 Catch all the excitement at the eighth SGX Bull Charge, as members of Singapore's financial industry race across the Marina
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