The Business Times, 1 February 2012

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Total Pages: 30
1 30 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Wednesday, February 1, 2012G
    25 words
  • 883 1  -  Europe leaders stress urgency of Greek debt deal By NEIL BEHRMANN in London GLOBAL markets are focusing attention on another bailout of Portugal, while negotiations on a second rescue package for Greece enter their final stage. Such is the concern about Portugal
    REUTERS  -  883 words
  • MARKETS DIGEST
    • 110 1 GST INDEX 2,906.69 (+18.40) GST INDEX FUTURES 2,907 (+19) GSIMSCI 334.29 (+3.34) GSIMSCI FUTURES 333.20 (+2.30) us$ s$ US$ (S$ per US$) 1.256 (US$/S$ per 1.574 1.976 EURO (US$/S$/E) 1.317 1.653 Foreign currency per US$ S$ YEN 76.30 60.80 RM 3.052 2.430 HK$ 7.756 6.177 BAHT 31.03 24.71 RUPIAH
      110 words
    • 17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.797 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
  • 820 1  -  Despite surge in job losses in Q4, net 36,300 jobs are added, highest since Q1 2010 By CONRAD TAN [SINGAPORE] The unemployment rate here fell to a 14-year low in 2011, but job losses rose in the final quarter of the year as
    820 words
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  • TOP STORIES
    • 827 2  -  Participants discuss Budget measures to ease short-term pain while aiding restructuring By TEH SHI NING [SINGAPORE] The issue of rising business costs sparked the most debate at a wide-ranging pre-Budget roundtable yesterday, organised by the Institute of Certified Public Accountants of Singapore (ICPAS). Voices from
      827 words
    • 607 2  -  Net weighted balance of 11 see worsening outlook By NISHA RAMCHANDANI [SINGAPORE] Manufacturers in Singapore remain gloomy about business prospects for the first six months of 2012, according to a survey conducted by the Economic Development Board (EDB). Eighteen per cent of
      607 words
    • 491 2 Jobless rate plumbs 14-year low in 2011 THE unemployment rate here fell to a 14-year low in 2011, but job losses rose sharply in the final quarter of the year as the economic outlook deteriorated sharply. The overall unemployment rate stayed at 2 per cent in December, unchanged
      491 words
    • 644 2  -  Indonesian father and daughter expected to appeal latest ruling by High Court By GRACE LEONG [SINGAPORE] The Singapore High Court has rejected an appeal by two elderly Indonesians to reinstate a US$5 million lawsuit against UBS over high-risk investment losses. High
      644 words
    • 529 4  -  This will help make the financial safety net mechanism fully effective: official Reports by LEE U-WEN [SINGAPORE] The size of the Chiang Mai Initiative Multilateralisation (CMIM) currency swap should be doubled to US$240 billion at the very least to be fully effective
      NURIA LING/THE STRAITS TIMES  -  529 words
    • 521 4 [SINGAPORE] The head of Singapore’s central bank has outlined a threepronged defence that countries should adopt to safeguard themselves against future financial crises. These different layers national, regional and global must complement and reinforce one another in order to be
      521 words
    • 726 4  -  World Bank sees GDP growth to be at least 4.1% By MALMINDERJIT SINGH [SINGAPORE] Tipped to weather the effects of a slowing global economy, the Indonesian economy is set to be a bright spot in Asia this year. Sjamsu Rahardja, senior economist
      726 words
    • 499 4  -  By LYNETTE KHOO [SINGAPORE] Amid efforts by the Institute of Certified Public Accountants of Singapore (ICPAS) to beef up its infrastructure and capabilities, its chief executive officer has stepped down. Tham Kah Poh has declined to go beyond her six-month trial period
      499 words
    • 761 4  -  New rule to increase mobile reception coverage may come at cost of lower data speeds COMMENTARY VICTORIA HO Reporter THE morning news broke of the government requiring telecom players to increase mobile phone coverage, readers wrote impassioned emails to BT affirming that they had
      761 words
    • 365 4  -  By EMILYN YAP [SINGAPORE] Bank lending in December rose 1.1 per cent from the previous month as loans to businesses remained almost flat. Nevertheless, loan growth for the whole of last year was 30.3 per cent far exceeding the increase
      365 words
  • Page 2 Advertisements
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      290 words

  • Page 3 Advertisements
    • 165 3 V I V 1 m. M t4f jfi m r. Hi ■I &s n A <<y '> n u > viT 1 m y* a w c I, ss t v; :■■'>> ..1 m arnam "WBf «T .V m ■vS lr P v l&W i .H-.7 T k r r
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  • Page 5 Advertisements
    • 324 5 It takes a firm commitment to make it to the Global 100 Most Sustainable Corporations in the World. To be the only Singapore corporation listed for three years, however, requires something more concrete. It's no mean feat to be recognised as one of the Global 100 Most Sustainable Corporations. But
      324 words
  • COMPANY NEWS
    • 629 5  -  Repairs, power, fuel costs drain profit; it warns disruptions will hit 2012 profits By JOYCE HOOI SMRT Corporation concluded a downbeat calendar year with a similarly subdued 13.9 per cent drop in net profit for its third quarter ended Dec 31, 2011. The transport operator’s
      629 words
    • 658 5  -  HOCK LOCK SIEW By R SIVANITHY ON the face of it, investors appear happy with United Fiber System’s latest attempt at reviving its fortunes since the loss-mak-ing company announced it is the subject of a reverse takeover by Indonesian coal mining company Golden Energy
      658 words
    • 366 5  -  Questions over nature, valuation of Indonesian firm By MICHELLE TAN THE Singapore Exchange (SGX) has raised queries over United Fiber System Limited’s (UFS’s) proposed acquisition of a 67 per cent stake in Indonesian company Golden Energy Mines (Gems). Under the proposed reverse takeover deal with
      366 words
    • 651 8  -  Its S’pore hotels, excluding Studio M, post Q4 RevPAR of $205, up 6% By KALPANA RASHIWALA CDL Hospitality Trusts (CDLHT), which has posted a 5.8 per cent year-on-year rise in distribution per stapled security for Q4 2011, continues to look for acquisition targets
      651 words
    • 280 8 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD ($m) NUMBER OF DAYS OF ACCRUED INTEREST YEAR RAISED ISIN CODE MATURITY DATE AMOUNT ($m) COUPON RATE ACCRUED INTEREST) INTEREST PAYMENT DATES 01.04.2012 N*****0A 2007 2 5/8 5100.00 1/10 1/4 122 100.36 0.46
      280 words
    • 381 8  -  By VEN SREENIVASAN SIA Engineering Co (SIAEC) posted a net profit of $63.5 million for the third quarter ended Dec 31, 2011, a 5.3 per cent rise from $60.3 million for the previous corresponding quarter. Operating profit for the quarter was $28.4
      381 words
    • 366 8  -  By MICHELLE TAN MAPLETREE Commercial Trust (MCT) posted a distribution per unit (DPU) of 1.428 cents for the third quarter ended Dec 31, 2011, beating its forecast of 1.237 cents by 15.5 per cent. This translates to an annualised yield of 6.7 per
      366 words
    • 654 8  -  Most big, mid-sized firms post gains in market value By JAMIE LEE THE Singapore bourse’s market capitalisation rose 8.7 per cent in January over the month, in tandem with higher gains seen by its Asian peers at the start of the Dragon
      654 words
    • 551 9  -  Group also plans to allocate more funds for capital expenditure By VEN SREENIVASAN DESPITE the bottomline squeeze from rising raw material costs, unforeseen events and allocation of funds for capital expenditure, Cerebos Pacific remains committed to paying out generous dividends. So said its executive
      551 words
    • 332 9  -  It will acquire 85% stake, to be funded internally and by debt By CARINE LEE CENTURION Corporation Limited will soon be adding 8,600 foreign workers’ dormitory beds to its stable, with the acquisition of an 85 per cent stake in Dormitory Investments Private Limited. The
      332 words
    • 424 9 Reuters [SINGAPORE] Located in an exclusive neighbourhood near Singapore’s Orchard Road shopping district, Nassim Hill condominium boasts 16 luxury triplex apartments with private rooftop pools and gardens. Singapore property and construction firm BBR Holdings Ltd had expected strong demand for the luxury flats,
      Reuters  -  424 words
    • COMPANY BRIEFS
      • 50 9 CAMBRIDGE Industrial Trust (CIT) posted a distributable income of $13.3 million for the fourth quarter ended Dec 31, 2011, up 10.6 per cent year on year. Distribution per unit (DPU) of 1.118 cents for the quarter was down 6.3 per cent from a year ago.
        50 words
      • 65 9 CREATIVE Technology reported a 14 per cent year-on-year decline in net sales to US$59.5 million for the second quarter ended Dec 31, 2011, on the back of tough market conditions for its products, especially in the personal digital entertainment segment. Net loss for the
        65 words
      • 70 9 GUL Technologies Singapore posted a 47 per cent year-on-year decline to US$1.64 million in net profit attributable to equity-holders for the fourth quarter ended Dec 31, 2011. Turnover for the quarter rose 7 per cent to US$53.96 million from US$50.34
        70 words
      • 48 9 TIONG Woon Corporation’s wholly owned subsidiary, Tiong Woon Oasis Marine Engineering Pte Ltd, has signed a contract for works relating to the Tuaspring Desalination Plant in Singapore. Tiong Woon said that for confidential reasons it is unable to disclose the contract amount.
        48 words
      • 38 9 CHIP Eng Seng Corporation’s wholly owned subsidiary, Chip Eng Seng Contractors (1988) has been awarded a $125 million contract by the HDB for building works at Yishun Neighbourhood 5 Contract 2.
        38 words

  • SINGAPORE MARKETS
    • 538 6  -  New names occupied the actives list, such as Top Global, Advance SCT, China Fashion, and Artivision STOCKS R SIVANITHY Senior Correspondent PERHAPS not surprisingly, frenzied punting of second and third-liners was the main feature of trading yesterday as the Straits Times Index (STI), possibly
      Source: Bloomberg  -  538 words
    • 75 6 BT OO/US loti 31 CLOSE 7S9.00 VAi Lit +59.0 or CADI -*****.00 -+53.0 BT 10-day MA -725M.00 +76.00 FTSE ST Mid Cap 648.73 .6 91 FTSE ST Small Cap 441.3S 7.53 FTSE ST All Share 693 74 +5 40 FTSE ST China Top 216.67 +2.25 FTSE ST
      75 words
    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 2 1 0 0 0 12 2 1 Manufacturing 104 29 21 13 5 5 117 34 26 Commerce 36 11 14 7 1 2 43 12 16 Tpt/Stor/Comms 28 7 3
      186 words
    • Article, Illustration
      437 6 Ezion Holdings Bullish crossover The stock is trading above the key moving averages and sitting near its 52-week high. Both 100- and 200-day EMA have staged a bullish crossover, suggesting strengthening momentum with DM I positively placed. The next resistance level is at $0.80. Sustained trading above this level
      437 words
    • 121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 45,534 45,534 144,870 144,870 Manufacturing 315,703 158,677 474,380 270,645 4,900 275,545 Commerce 285,601 53,029 338,630 226,377 2,069 228,446 Tpt/Stor/Comms 244,643 49,157 293,800 296,867 7,388 304,255 Finance 35,440 35,440 325,493 325,493 Construction 605,289 159,430 764,719 49,709
      121 words
    • 113 6 Stock name Close Change CapMallsAsia 1.325 +0.005 CapitaLand 2.630 +0.020 CapitaMall 1.710 CityDev 9.860 -0.070 ComfortDelGro 1.485 +0.045 DBS Grp 13.550 +0.130 F&N 6.790 -0.100 GLP 1.990 +0.015 Genting SP 1.630 +0.025 Golden Agri 0.735 -0.005 HK Land 5.150 -0.110 JMH 51.800 -0.200 JSH 31.160 +0.650
      113 words
    • 409 6 CURRENCIES AFP [TOKYO] The euro remained under pressure in Asian trade yesterday, despite a slight rebound following a sharp fall on Monday, as nervous investors waited for a fresh deal on the tense Greek debt crisis. The euro edged up to US$1.3193 and 100.53
      AFP; AP  -  409 words
    • 57 6 VOLUME UniFiber 439,820,000 GMG Global 229,605,000 AdvanceSCT 188,509,000 TopGlobal 153,439,000 Genting SP 102,036,000 HLH Grp 99,466,000 ChinaFashion 87,286,000 Noble Grp 81,718,000 Golden Agri 72,776,000 Oceanus 60,909,000 VALUE($) Genting SP 165,426,225 SingTel 128,147,710 DBS Grp 119,998,600 Noble Grp 110,051,475 Keppel Corp 88,460,330 UOB 87,305,910 OCBC Bk 83,350,950 Wilmar
      57 words
    • 106 6 BY CENTS CLOSE UP GLD 10US$ ***** 227.3 1.1 Jardine C&C 5137 156.0 3.1 JSH 3116 81.6 2.1 DBXT MSKorea 10US$ 5682 79.1 1.1 IS S&P500 ***** 59.0 0.4 UOB.ES.1201 1737 41.0 2.4 DBXT FTVietnam 10US$ 2165 38.9 1.5 DBS Bk 4.7% NCPS 100 ***** 35.0 0.3 UOL 460
      106 words
    • 120 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -57.8 -0.4 JMH 5180 -25.1 -0.4 CityDev.ES.1201 988 -22.0 -2.2 CityDev.ES.1202 982 -20.0 -2.0 UOB 5.05%NCPS 100 ***** -20.0 -0.2 Lyxor Malaysia 10US$ 894 -17.6 -1.5 HK Land 515 -13.8 -2.1 F&N 679 -10.0 -1.5 DBXT MSBANGL 10US$ 84 -9.4 -8.2
      120 words
    • 5 6 DAILY
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    • 1873 7 As suppliers and competition transcend geographical boundaries, going international has become a necessity for many companies A SPECIAL FEATURE IN a world where supply chains reach around the globe and competition is no longer about the shop across the street, but about international brands
      1,873 words


  • Page 8 Advertisements
    • 245 8 How IT can improve your bottom line Now’s the best time to take advantage of the technological options available to businesses: infocomm technology, infrastructure and communications support and schemes to enhance productivity. Technology is a key enabler for growing your business and helps to overcome manpower constraints. With the impending
      245 words
    • 39 8 Happy Lunar New Year h'h'J $10 MIIUON Hong Bao Draw Fri, 3 Feb 2012,9.30pm For details, visit www.singaporepools.com.sg Ip Always play with care. [responsiblyf Do not bet illegally. RGB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE m
      39 words

  • Page 9 Advertisements
    • 73 9 Mum puts businesses in the lead with better IT.” t *»«5 JP1 Best Practices. Best Solutions. Best Results. SYSTEM MANAGEMENT SOLUTIONS ICT SOLUTIONS INTEGRATION IT INFRASTRUCTURE SOLUTIONS tomorr 4 w TOGETHER Our dedicated team at Hitachi ICT Solutions constantly develops innovative consulting, business applications and systems integration solutions. This means
      73 words
    • 91 9 Only 19 fabulous bungalows for the discerning few For enquires: (65)*****869 (65)*****329 (86) 10 *****672 www.pearlisland.com.sg info@ximengland.sg Artist's impression Developer: Ximeng Land (S) Pte Ltd Developer Licence C0590 Leasehold 99 years Expected date of delivery of vacant possession 3 Mar 2013 Expected date of legal completion 3 Mar 2016 Lot
      91 words

  • BUSINESS Superbrands FEATURE
    • 346 10 The biggest difference between B2B and B2C brands is risk. Buying a B2B product/service involves a lot more risk as the price is usually higher. That's why B2B buyers tend to gravitate towards the strongest brand within their price range. There
      346 words
    • 636 10 SingTel is transforming business operations with one-stop ICT solutions In today’s digital world, computers and technology are pervasive in business. In fact, they are a matter of competitive survival. From solutions for knowledge and information access and storage, to tools for security, productivity, connectivity and collaboration, ICT
      636 words
    • 580 10 Seraya Energy's B2B energy solutions are offering more value for customers Brought to you by Superbrands Energy costs seem to be pretty volatile these days and this can have a significant impact on businesses. With the industrial sector alone contributing to more than 60 per cent of
      580 words
    • 688 10 Regional steel giant NatSteel maintains its shine with a green view of its future in Singapore As the global steelmaking industry braces for a tumultuous new year brought on by vacillating steel prices and the rising cost of raw materials, NatSteel remains optimistic about the future as
      688 words
    • Article, Illustration
      637 10 EAS is revolutionising the way we see and hear Sound has the power to startle us, to calm us or to even change our mood. On its own, it is a powerful tool, but the partners at EAS have really amplified the potential of sound by combining innovation
      637 words

  • SINGAPORE NEWS
    • 449 11  -  26.9% of resident workforce receive training, down from 29% in 2010 By CONRAD TAN WORKERS here received the least training last year since 2004 amid a tighter jobs market and the end of a government programme that offered financial incentives for
      STOCK.XCHNG  -  449 words
    • 301 11  -  By LESLEY TEOH THE Ministry of Trade and Industry (MTI) has made three new board appointments at the Singapore Economic Development Board (EDB) that will take effect from today. Among the new board members is Joseph Flanagan, senior vicepresident of worldwide operations
      301 words
    • 373 11  -  Jones Lang LaSalle is sole marketing agent for both sites By MICHELLE TAN TWO freehold residential redevelopment sites located at Balestier have been put up for collective sale by tender, with Jones Lang LaSalle being the sole marketing agent for both properties.
      373 words
    • 392 11  -  By BRYAN KOH JTC Corporation (JTC) yesterday launched a site at Serangoon North Avenue 4 for sale by public tender, under the industrial government land sales (GLS) programme. The 0.8 ha site has a lease of 58 years and is
      392 words
    • SINGAPORE ROUNDUP
      • 121 11 MINISTER for Transport Lui Tuck Yew has appointed 16 people to the Public Transport Council (PTC) for the period Feb 1, 2012 to Jan 31, 2014. Of the 16 members, four are new appointments. The council, drawn from a wide representation of society,
        121 words
      • 96 11 TWELVE people have been appointed to the Maritime and Port Authority of Singapore (MPA) board for the period Feb 2, 2012 to Feb 1, 2015. Three of the 12 members are new appointments. They are Ishak Ismail, senior vice-president/general manager of ST Electronics (e-Services)
        96 words
    • 477 11  -  By RONNIE LIM STRONG demand for oil/ petrochemicals storage space in Singapore has led several tankfarm operators and engineering groups to vie for operatorship of the multi-billion-dollar Jurong Rock Cavern (JRC) which will store oil and chemicals underground, BT understands. They include known parties like
      477 words
  • Page 11 Advertisements
    • 99 11 CPS366/JAN1 2/AD3/A MAYBANK VISA I N ITE Unique experiences reserved for the chosen few CONGRATULATIONS Soh Beng Kee Thomas SXXXX484D for winning the ultimate GRAMMY® experience which includes: A pair of GOLD tickets to the 54th Annual GRAMMY Awards on 12 February 2012 A pair of tickets to the official
      99 words
    • 8 11 KINOKUNIYA PROLOGUE MPH PAGE ONE HARRIS TIMES DUFRY
      8 words

  • ECONOMY WATCH
    • 587 12 Economies resilient but there’s still risk if Europe’s woes worsen Bloomberg [WASHINGTON] Asia-Pacif-ic nations including the world’s most populous, China, have scope to boost spending and cut borrowing costs to protect their economies if the global slowdown worsens, an International Monetary Fund official
      Bloomberg; AP  -  587 words
    • 586 12 Economists grapple with nuances of ‘exceptionally low’ Reuters [NEW YORK] For a central bank that wants to make transparency its hallmark, the US Federal Reserve’s new forecast of nearly three more years of su-per-low rates has left room for a few doubts. The
      Reuters  -  586 words
    • 482 12 RBA expected to cut interest rates further next week Reuters [SYDNEY] Australian business conditions were stable in December as cuts in interest rates helped offset the gloom engulfing Europe, a survey showed yesterday, while an easing in price pressures pointed to scope for
      Reuters  -  482 words
    • 253 12 Bloomberg [SEOUL] South Korea’s industrial production fell for a third month in December as Europe’s sovereign debt crisis hurt exports and business confidence. Output declined 0.9 per cent from November, when it dropped a revised 0.3 per cent, Statistics Korea said yesterday.
      Bloomberg  -  253 words
    • 422 12 Reuters [MEXICO CITY] Mexicans have been overcharged US$13.4 billion a year for phone and Internet services as the industry dominated by billionaire Carlos Slim gouges customers and keeps the economy from growing, a study released on Monday said. Mexico, the second-larg-est economy in
      Reuters  -  422 words
  • Page 12 Advertisements
    • 107 12 Wherever you go, never miss out on the stock market action with ShareInvestor Mobile Download forFREEfrom 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 will need to
      107 words
    • 70 12 Valentine’s Promotion Subscribe to Shape and Men’s Health! FREE six issues when you sign up for 12 issues at only $72! PLUS Win a pair of Ingersoll watches* worth $1,148 when you subscribe! Three pairs (Ingersoll Corondo for him, worth $559 each, and Ingersoll Baton Rouge for her, worth $589
      70 words

  • MALAYSIA
    • 483 13  -  Barclays: Freeing up forex deals may lead to RM convertibility By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S central bank’s new liberalisation of foreign exchange transactions is aimed at the further development of domestic financial markets and could be another step towards the internationalisation
      483 words
    • 458 13  -  By PAULINE NG in Kuala Lumpur THREE out of four chief executives believe the current financial reporting system to be too focused on financials and does not allow them to demonstrate the broader value of their business, according to findings of a recent
      458 words
    • 617 13 He points out that his departure does not mean he is ready for retirement [KUALA LUMPUR] Tenaga Nasional Bhd (TNB) CEO Che Khalib Mohd Noh is stepping down from the national utility company when his contract expires in June this year. Speaking to
      BLOOMBERG FILE PHOTO  -  617 words
  • Page 13 Advertisements
    • 210 13 Reach New Heights With The Emerging.Enterprise Award ■s V- 1 a Winning the Emerging Enterprise Award has fired our team to deliver higher performance. Over the last two years, we’vej achieved an expanded portfolio, as well as consistent growth in revenue. i Victor Khaw, General Manager, Allalloy Dynaweld Pte Ltd,
      210 words

  • GREATER CHINA/INDIA
    • 622 14 Its credibility is challenged even as it opens studios in Washington, Nairobi AP [BEIJING] The killing of a South Korean coast guard officer by a Chinese fisherman should have been tailor-made for China’s CCTV News as it embarks on an ambitious plan to
      AP  -  622 words
    • 459 14 Reuters [MUMBAI] Starbucks Corp will open its first coffee shops in India in August or September, a year later than originally planned, and aims to have 50 outlets by year-end through a tie-up with the Tata group, the country’s biggest business
      Reuters  -  459 words
    • 677 14 AFP [MANCHAR, India] Bhagyalaxmi Dairy Farm lies tucked away up a rutted country track, among the patchwork of dusty brown scrub and lush green parcels of farmland to the northeast of the city of Pune in the state of Maharashtra. With
      AFP  -  677 words
    • 467 14 Bloomberg [HONGKONG] Hong Kong Financial Secretary John Tsang may hand out as much as HK$40 billion (S$6.5 billion) in his last budget today, from tax rebates to property-rate waivers, as an economic slowdown starts to bite. The government may report that gross domestic
      Bloomberg  -  467 words
  • Page 14 Advertisements
    • 272 14 Jfii B6ATS NOTICES Pinot Grigio Research Development Ltd Registration No. *****7 (in voluntary dissolution) NOTICE is hereby given that in accordance with Section 88(2) of the International Business Companies Act (Cap. 100A): Pinot Grigio Research Development Ltd is in dissolution; The date of commencement of dissolution is 20th January 2012
      272 words
    • 210 14 IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF CRUX CAPITAL MANAGEMENT PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) Co. Reg. No: *****3101G NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of
      210 words
    • 443 14 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) PURSUANT TO SECTION 290(1 )(b) At a General Meeting of DIAMOND PRECISION INDUSTRIES (S) PTE LTD duly convened and held at 25, International Business Park, #0422/26 German Centre, Singapore *****6 on 20 January 2012, the following resolutions set out below were
      443 words

  • Page 15 Advertisements
    • 262 15 7" V- *-v I' y 'S' TTT (V ’S IL^-IL i' X/ y&l: NX I®. Kif^ ig At M y f «9 I 1/ A4 i'i XJ >> -4 •'V V A n gr --W* a -r </ s ;>« f-vA N n| w No •A > .r »T -i
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  • WORLD
    • 641 16 Government plans to market 200,000 of the properties as rentals Bloomberg [LOS ANGELES] Private equity firms are jumping into distressed housing as the US government plans to market 200,000 foreclosed homes as rentals to speed up the economic recovery. GTIS Partners will spend US$1
      Bloomberg  -  641 words
    • 443 16 Reuters [BERLIN] German retail sales fell unexpectedly in December, suggesting Europe’s debt crisis unsettled consumers during key Christmas trade, although economists said that they expected the preliminary data to be revised upwards. The notoriously volatile indicator fell 1.4 per cent in real terms on
      Reuters; AP  -  443 words
    • 358 16 Reuters [SYDNEY] Stubbornly weak Australian mortgage growth and soaring funding costs are tipping the scales in favour of business-lending focused ANZ and National Australia Bank among the “Big Four” banks, as the economy slows and jobs are cut. Top Australian
      Reuters  -  358 words
    • 336 16 Reuters [LONDON] British consumer morale climbed to its highest in more than half a year last month, as lower energy costs and retailer discounts provided hard-pressed consumers with some relief, at least for now, researchers GfK NOP said yesterday. The improvement may turn
      Reuters  -  336 words
    • 390 16 Only Samsung finds success with its Galaxy smartphones Bloomberg [SAN FRANCISCO] Samsung Electronics was the only smartphone maker partnering with Google Inc that found holiday cheer competing against Apple Inc’s iPhone. Apple led the smartphone market in the fourth quarter
      Bloomberg  -  390 words
    • 726 17 It cites rising healthcare and other costs related to ageing populations Reuters [NEW YORK] Ratings agency Standard Poor’s warned that it may downgrade “a number of highly rated” Group of 20 countries from 2015 if their governments fail to enact reforms
      Reuters; AP  -  726 words
    • 452 17 AFP [BRUSSELS] British Prime Minister David Cameron took a fresh dig at cross-channel rival France Monday, warning that French banks would flee to Britain if Paris introduces a financial transactions tax. In comments aimed squarely at Nicolas Sarkozy after
      AFP; BLOOMBERG  -  452 words
    • 233 17 Bloomberg [LONDON] Aviva plc, Britain’s sec-ond-biggest insurer by market value, will cut 160 jobs at its asset management unit as the European sovereign debt crisis and the deteriorating UK economy crimp sales. The insurer will scale back its funds that actively select stocks
      Bloomberg  -  233 words
    • 687 17 Accelerating economic growth cited for increase Bloomberg [WASHINGTON] Demand for business loans increased in the fourth quarter as economic growth accelerated, according to a Federal Reserve survey of senior loan officers at banks. Seventeen of 56 banks reported stronger demand among companies with
      Bloomberg  -  687 words
    • 442 17 Reuters [DUBAI] Abu Dhabi has held talks to offload all or part of a 49 per cent government stake in struggling Aldar Properties in an attempt to stop its falling asset value from dragging down state investment fund Mubadala. According
      Reuters  -  442 words
    • 461 18 LATEST US DATA Reuters Bloomberg [WASHINGTON] Confidence among US consumers unexpectedly dropped last month as petrol prices picked up and more Americans said that jobs were hard to get. The Conference Board’s confidence index fell to 61.1 from a revised 64.8 reading in the
      Reuters; Bloomberg  -  461 words
    • 639 18 Highest rate since 1998 shows big gap 6.7% in Germany to 22.9% in Spain Reuters Bloomberg [BRUSSELS] Eurozone unemployment has risen to its highest level since the single currency was introduced, data showed yesterday, a day after EU leaders promised to focus on
      Reuters; Bloomberg; REUTERS  -  639 words
    • 373 18 Reuters [MADRID] Santander, the eurozone’s biggest bank, reported a sharp drop in annual profit after it set aside money against foreclosed Spanish property, anticipating government demands that lenders recognise heavy property losses. Spanish banks have hundreds of billions of euros of unsaleable land
      Reuters  -  373 words
    • 599 18 Polls show Romney has big lead in Florida primary Bloomberg [JACKSONVILLE, Florida] A confident Mitt Romney prepared for victory in the Republican presidential primary in Florida yesterday as voters went to the polls, as Newt Gingrich, trailing in public opinion polls, vowed to wage
      Bloomberg  -  599 words
    • 226 18 Reuters Bloomberg [HELSINKI] Nokia Siemens Networks, the world’s se-cond-largest maker of mobile phone network equipment, is talking to labour unions in its home countries Germany and Finland about cutting more than 4,000 jobs, part of a company-wide shake-up. Nokia Siemens said that
      Reuters; Bloomberg  -  226 words
    • 593 18  -  By ANTHONY ROWLEY in Tokyo JAPANESE industrial production bounced back last December from damage inflicted by Japan’s own natural disasters and by flooding in Thailand, and the improvement carried through to January. But even this rare good news failed to dispel the
      BLOOMBERG  -  593 words
  • Page 16 Advertisements
    • 29 16 After the island's presidential election Two major Chinese banks to set up branches in Taiwan to set up branches in Taiwan To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • Page 16 Miscellaneous



  • TransportHUB
    • 863 19  -  Languishing markets seen falling further as some big tanker-owning firms come under financial pressure STRAIT TALK By DAVID HUGHES WHILE shipping is going to need a great deal of resilience to meet the challenges of the next 12 months, for those who can secure funding,
      AP  -  863 words
    • 390 19 Business performing well with 10% rise in container volumes Bloomberg [DUBAI] DP World Ltd, the Dubai World-controlled ports operator, forecast full-year gross profit to be “in line with expectations” after a 10 per cent rise in container volumes last year. The company handled 54.7
      Bloomberg  -  390 words
    • 322 19 Reuters [COPENHAGEN] Danish shipping and oil company A P Moller-Mae-rsk’s sick chief executive is to stay away from his desk for a further two months, leaving the company to tackle mounting losses in its main container shipping division without him. The
      Reuters  -  322 words
    • 364 19 Bloomberg [SHANGHAI] Rates to hire ships that carry dry-bulk commodities closed in on the largest monthly plunge since 2008, when Lehman Brothers Holdings Inc collapsed, as the fleet continued to expand. The Baltic Dry Index fell 3.3 per cent to 702, extending
      Bloomberg  -  364 words
    • 310 19 Reuters [SINGAPORE] Rates for dirty tankers on key Asian freight routes are likely to ease this week on weaker-than-expected Chinese demand for Middle East crude, ship brokers said yesterday. Rates on the benchmark very large crude carriers (VLCC) from the Middle
      Reuters  -  310 words
    • 263 19 SGX '000 Jan 31 S$ +/-Vol CH Offshore 0.39 0.01 393 Chuan Hup Hldg 0.22 0.01 880 Cosco Corp 1.18 0.04 ***** s$ Ezra Hldgs 1.05 0.02 4951 First Ship Lea 0.21 0.01 3143 Freight Links 0.06 unch 9515 Grand Banks unch unch 0 Jaya Hold Ltd 0.58
      263 words
    • TRANSPORT HUB: AVIATION
      • 771 20  -  It’ll lease up to 8 A330-300s to serve markets beyond current range By VEN SREENIVASAN [SINGAPORE] Privately owned Philippine budget carrier Cebu Pacific is joining the long-haul, low-cost race with the launch of transcontinental flights next year. The airline, controlled by
        AFP  -  771 words
      • 813 20 Pilot issues safety reassurance; repair simple, says Airbus Reuters [FRANKFURT] Singapore Airlines (SIA) said on Monday that it had found examples of recently identified wing cracks in all six of the Airbus A380s on which it carried out mandatory inspections, as a senior
        Reuters; BLOOMBERG  -  813 words
      • 399 20 Bloomberg [SEOUL] Korean Air Lines Co, South Korea’s largest carrier, may more than double profit this year as it starts new routes, boosts frequencies on Asian services and adds more fuel-effi-cient planes. Unconsolidated operating profit (or sales minus the cost of
        Bloomberg  -  399 words
      • 386 20 Reuters [PARIS] Airbus is considering beefing up its A330 passenger jet in a bid to expand a recent winning sales streak for the junior member of its wide-body jet family, the planemaker said on Monday. While the twin-engined aircraft, in service since the 1990s,
        Reuters  -  386 words
    • TRANSPORT HUB: LAND
      • 474 21  -  Speeding violations have risen 9% last year as traffic police focus on them By SAMUEL EE [SINGAPORE] Speeding violations may have increased last year but the fatal and injury accident rate has dropped to a five-year low, according to the traffic
        474 words
      • 762 21 AP [LONDON] Olympic organisers have some travel advice for the millions of people who work and live in London: Be patient. Have a beer. Work from home. Rejecting suggestions of possible transport chaos during the July 27-Aug 12 games, they unveiled a
        AP  -  762 words
      • 486 21 AFP [BRUSSELS] Belgium was at a standstill on Monday, as transport workers and other public officials went on an anti-austerity strike that nevertheless failed to cause major disruption to 2012’s first European Union (EU) summit. It was the first such general strike
        AFP; AP  -  486 words
      • 635 21  -  Online insurer will re-invest proceeds of UK sale in Asia By SAMUEL EE [SINGAPORE] Online insurer DirectAsia.com has raced ahead to capture 3.2 per cent of the Singapore motor insurance market after one-and-a-half years, and its success has encouraged it to enter the
        635 words
      • 296 21 AFP [SHANGHAI] China’s SAIC Motor, the largest domestic auto maker, said yesterday that unaudited net profit rose more than 40 per cent last year, despite an overall slowdown in the world’s biggest car market. SAIC gave no net profit figure for 2011
        AFP  -  296 words

  • Page 20 Miscellaneous
    • 342 20 CRYPTIC CROSSWORD Across 1 Sign is given by church in additional message (6) 5 Expression of regret about large town’s lewdness (8) 9 Reproving a fellow, one politician embracing maiden (10) 10 Sort of female to get kiss after short time (4) 11 Improperly express what an incompetent mountaineer may
      342 words


  • EDITORIAL & OPINION
    • 504 22 EDITORIAL THE latest big news to emerge from the European Union summit in Brussels is, at first glance, encouraging: 25 out of 27 EU members (except the UK and the Czech Republic) have given their assent to the fiscal compact championed by Germany, which
      504 words
    • 796 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 THE United States has recently, and repeatedly, made clear that its new defence policy is to put greater emphasis on the Asia-Pacific
      796 words
    • 1062 22  -  Vodafone verdict helps restore faith of international investors in Indian institutions By AMITENDU PALIT The writer is Head (Development Programmes) and Visiting Senior Research Fellow at the Institute of South Asian Studies (ISAS) in the National University of Singapore (NUS). He
      AP  -  1,062 words
    • 1222 23  -  Provide more certainty in tax treatment, especially in taxing foreign dividend income and gains on investment disposal By ANDY BAIK, AW HWEE LENG Andy Baik is partner, international tax services and Aw Hwee Leng is associate director, international tax services at Ernst Young Solutions THE
      AFP  -  1,222 words
    • 1103 23  -  By JEFFREY GOLDBERG The writer is a Bloomberg View columnist and a national correspondent for the Atlantic. The opinions expressed are his own Bloomberg HERE are some things you could learn about black Americans from the recent statements and insinuations of Republican
      Bloomberg; AP  -  1,103 words
    • 170 23 LETTER TO THE EDITOR I REFER to the article “Trading in SIPs: fine-tuning needed” by R Sivanithy (BT, Jan 31) which hit the nail on the head in regard to the furore over the new SGX rule relating to these Specified Investment Products. Much
      170 words


  • SINGAPORE STOCKS
    • 2636 24 Transaction date: Jan 31 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 Last Vol Day Last Quote 112.5 92.5 AIMSAMPIReit 101.5cd +1 189 101.5 100.5 101 101.5 2 10.3 450.5 Net M
      2,636 words
    • 196 25 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 Last Vol 1 0.2 t Advanced System 0.4 +0.1 ***** 0.5 0.3 0.4 0.5 13.3 6.6 Last Quote Div Gr Yld Net M Cap
      196 words
    • 7260 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mgt Pte Ltd AXA Wealth Mgt S'pore Pte Ltd 1.?/ Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited ....1.0054/ EM Local Ccy Bond .0 9649/ Global Emerging Markets!*" 1 7559/
      7,260 words
    • 214 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A39 +4 5 39 38.5 36.5 39 3.6 9 3.1 101.6 46 25.5 Genting HK US$ US37 +2.5 ***** 37.5 34.5 36.5 37 2436.3
      214 words
    • 908 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 117.1 -4.4 30 119 117.1 117 118.2 534.5 1261 856 CIMBAsean40 100US$ US1020 -5 48 1020 1014 1022 1028 40.8
      908 words


  • FINANCE & COMMODITIES
    • 373 26 In local curr In S$ In US$ dy yr dy yr dy yr Jan 30 Index Change Change Change Change Change Change World Preliminary 862.0 -0.8 3.9 -0.3 1.5 -0.8 4.5 EAFE Preliminary 706.5 -1.0 3.6 -0.5 1.9 -1.0 4.8 Europe Preliminary 1056.0 -1.2 2.9
      373 words
    • 77 26 CRUDE OIL PRODUCTS Jan 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.01 -0.51 WTI (Near Mth) 98.98 -0.68 Dubai (1-Mth F) 108.96 -0.51 Tapis blend 117.30 -0.07 Minas 116.10 -0.07 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.39 1.89 Jet Kerosene 126.40 0.80 US$/barrel Opec Oil
      77 words
    • 123 26 As on 30 January 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT FEB2012 1730.10 1716.80 1731.00 61 GOLD FUT APR2012 1737.00 1719.40 1734.60 187 CURRENCY AUD-USD FUT MAR2012 1.0537 1.0471 1.0522 6101 EUR-USD FUT MAR2012 1.3198 1.3079 1.3119 ***** USD-JPY FUT
      123 words
    • 162 26 Jan 31 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 12 403.0 403.0 403.0 2 170 Mar 12 403.0 403.0 403.5 20 307 Apr 12 406.0 118 May 12 408.0 250 Jun 12 412.0 220 Jul 12 411.6
      162 words
    • 65 26 Jan 30 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2245.00 2233.00 3 months 2279.00 2266.00 Copper, Grade A(US$/tonne) Cash 8413.25 8511.25 3 months 8429.00 8525.00 Lead(US$/tonne) Cash 2237.00 2270.75 3 months 2264.00 2295.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      65 words
    • 107 26 Jan 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1185.25 1219.00 1218.50 1184.50 May 12 1195.25 1228.50 1227.50 1194.50 Jul 12 1205.00 1238.25 1237.50 1204.50 Aug 12 1204.00 1236.25 1226.00 1204.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 12 50.25
      107 words
    • 79 26 Jan 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 03-May-12 0.33 1-Year BY*****W 01-Nov-12 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 99.9 5-Year N*****0W 1.125 01-Apr-16 102.6 BQ*****E 03-May-12 10-Year NX*****X
      79 words
    • 436 26 Jan 31 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5450 0 2350 Jun12 99.5300 0 1819 Sep12 99.5050 0 1530 Dec12 99.4850 0 770 EUROYEN TIBOR FUTURES Mar12 99.6650 0 1841 Jun12 99.6650 0 1440 Sep12 99.6625 0 711 Dec12 99.6600 0 115 Mar13 99.6550
      436 words
    • 80 26 Jan 30 COCOA (£/tonne) Close Prev High/Low Mar 12 1489 1563 1532/1486 May 12 1504 1575 1544/1501 Jul 12 1518 1587 1559/1515 Sep 12 1528 1599 1566/1525 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1838 1860 1839/1839 Mar 12 1843 1865 1854/1838 May 12 1870 1892 1879/1864 Jul 12 1896
      80 words
    • 1261 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 130 33.00 28 Prem Baker Technology Ltd W*****6 4.5 0.5 782 1 32 18 6.89 10 Best World Intl Ltd W*****5 2 1 30 101
      1,261 words
    • 69 26 Jan 31 IH44I 1 mill njinvr 2 mlh» ft ***** njj»o 5 MMlil Ojaay> frftlfri fi 7B%23 U *12*11 »m1t" o??*ai 1J ftflM \jbOIH ujfftlv SWAP GNtr (SS) P ,V!ru; rrnh* nd7»i? 3 mif»^ nyj 0 u <7^j> n irsTi ilmltr 0,5£U5! WAT Mid rate Wr vs« M IWt>l
      69 words
    • 596 26 Jan 31 AS cs Urtli ti^ii lltt* mil i tk»ii-i Vln tfon |IM p«i.n Hill a U Mml Mr AAA) ftih L l nti*d 114s Ausiinli: h Ar» nan/ f A*A» *A IT* n Am •iAIT n "m 1 fVA K Iff/ TV^I* i *r» A 1/1
      596 words
    • 138 26 Jan 31 GOLD(US$/oz) Jan 31 Jan 30 Hong Kong 1747.00 1733.50 Jan 30 Jan 30 Jan 27 London 1728.15 1731.11 1729.11 1731.88 Source: Thomson Reuters CAST BAR Jan 31 (S$) Selling Buying Kilobar "75,018.77" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 168 70 5gm 477 350 10gm
      138 words
    • 57 26 Jan 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 12 3060.0 3075.0 3087.0 3060.0 531 814 Mar 12 3068.0 3078.0 3087.0 3049.0 1938 ***** Apr 12 3069.0 3078.0 3085.0 3044.0 ***** ***** May 12 3063.0 3075.0
      57 words
    • 24 26 Jan 31 Open High Sett STI Feb 2907.0 SIMSCI Feb 330.5 334.4 333.2 Taiwan Feb 267.6 270.5 268.2 Source: SGX Derivatives
      24 words
    • 154 26 Jan 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3346 1.3353 1.0630 1.0633 Canadian dollar 1.2546 1.2557 0.9993 0.9999 Euro 1.6527 1.6538 1.3164 1.3169 NZ dollar 1.0332 1.0339 0.8229 0.8233 Sterling pound 1.9754 1.9763 1.5734 1.5737
      154 words
    • 22 26 Jan 31 S$ Bid Offer 1-month 1.2555 1.2558 2-months 1.2554 1.2558 3-months 1.2550 1.2554 6-months 1.2533 1.2539 Source: OCBC
      22 words
    • 122 26 As at 9am Jan 31 unit Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.363 1.299 Can dollar 1.279 1.23 Euro 1.684 1.62 Sterling pound 2.013 1.936 NZ dollar 1.06 1.01 US dollar 1.276 1.227 Local dollars to 100 units of
      122 words
    • 127 26 Jan 31 to* wl niiiirth'. II U| **********% •iif IM uwiwiAtiram ««4% min to* V4i' ft 1 TTWWIh V«9 iroirrlir vv "iiniim w f. iiimilh'. <jii t« j VIHIllll', 41 1 tmimli 1 T 9 O VAii offor fi9 1 iti'iiilli i in MM'llllll. ■ifli (Ti-irrtM Ift I
      127 words

  • 4710 27 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 STXPO TBN Antwerp/UK Destination STXPO TBN
    4,710 words
  • Page 27 Advertisements

  • Page 28 Advertisements
    • 73 28 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? Announce Your Corporate Development 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 steer your
      73 words

  • Page 29 Advertisements
    • 169 29 Until pianist Kathryn Stott helps Yo-Yo Ma bring out the best in a composition, she will not rest. (Berlin, 201If ft 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
      169 words
  • executive Money
    • 1077 29  -  Cash-rich firms now seen as best-placed to outperform market; displacing worries of ill-advised acquisitions and costly buybacks By HERBERT LASH Reuters PPLE’S blowout quarter this week increased its cash holdings to almost US$100 billion, a staggering hoard that casts a spotlight on what may
      Reuters; REUTERS  -  1,077 words
    • 1175 30  -  After the Lehman debacle, the industry has shifted away from complex structures. By KENNETH LIM STRUCTURED products in Asia have slunk into the shadows ever since Lehman Brothers introduced the words “counterparty risk” to thousands of retail investors. But the investment class
      BLOOMBERG  -  1,175 words

  • Page 30 Advertisements
    • 522 30 lywfcli I fj~ r T-M ISjcSPW P|S3Bgj^ ,w S4; lailiSsi m aSHgt==r== M=is at* mm Winner In an industry with many accolades, we get the ones that matter recently CitiFX Pro received a major industry award from FX Week. CitiFX Pro is designed for qualified experienced individual traders and small
      522 words