The Business Times, 8 June 2012
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2012-06-08
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The Business Times
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Title Section25 2012-06-08 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 Friday, June 8, 201225 words
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867 2012-06-08 1 JAMIE LEE - EVA, popular here, may discourage investment and is complex: observers By JAMIE LEE [SINGAPORE] A popular performance assessment model that determines bonuses of top executives in large Singapore firms is going out of fashion where it first originated in the US. And some867 words
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Article, Illustration845 2012-06-08 1 ANTHONY ROWLEY - Capital flows from Europe subdued and volatile; interest in China, India cools By ANTHONY ROWLEY in Tokyo THE roughly US$1 trillion of capital that flows annually from mature to emerging economies has become subject to “rapid mood swings” among investors as a845 words
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MARKETS DIGEST
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Article110 2012-06-08 1 HST INDEX 2,759.26 (-1.57) HST INDEX FUTURES 2,760 (-1) GSIMSCI 316.40 (+0.53) GSIMSCI FUTURES 316.40 (+0.20) us$ s$ US$ (S$ per US$) 1.277 (US$/S$ per 1.545 1.973 EURO (US$/S$/E) 1.255 1.602 Foreign currency per US$ S$ YEN 79.30 62.10 RM 3.169 2.482 HK$ 7.758 6.075 BAHT 31.51 24.67 RUPIAH110 words
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Article17 2012-06-08 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.433 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg17 words
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Page 1 Advertisements
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Advertisement101 2012-06-08 1 JAPAN ECONOMY Japan should not intervene in forex market, says Mr Yen PAGE 4 Euro 2012 Banking on EXECUTIVE LIFESTYLE COVER STORY~PAGE 26 CALIBRE BE CARTIER MULTIPLE TIME ZONE 9909 MC I8K PINK GOLD CASE, HEPTAGONAL CROWN ADORNED WITH A FACETED SAPPHIRE, MULTIPLE TIME ZONE MANUFACTURE MECHANICAL SELF-WINDING MOVEMENT, CARTIER101 words
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Advertisement10 2012-06-08 1 CHINA RATE CUT Move aims to combat slowdown PAGE 210 words
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Advertisement26 2012-06-08 1 SHIPPING Singapore’s new cruise terminal ready to woo European ships page 20 GLOBAL ART MARKET Why Asian collectors are a force to reckon with PAGE 2926 words
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Advertisement12 2012-06-08 1 EUROPE CRISIS Merkel to push for political union PAGE 17 *****1 *****412 words
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TOP STORIES
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Article, Illustration700 2012-06-08 2 Move signals policymakers’ concern at weakness in demand for loans Bloomberg [BEIJING] China cut borrowing costs for the first time since 2008 and loosened controls on banks’ lending and deposit rates, stepping up efforts to combat a deepening slowdown as Europe’s debt crisisBloomberg; AP - 700 words
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Article, Illustration634 2012-06-08 2 But no hints on how Fed might protect the fragile recovery Bloomberg Reuters [WASHINGTON] Federal Reserve chairman Ben Bernanke said the US economy is at risk from Europe’s debt crisis and the prospect of fiscal tightening in the US, whileBloomberg; Reuters - 634 words
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495 2012-06-08 2 EMILYN YAP - In severe recession, bad loans could cost banks 420b euros By EMILYN YAP [SINGAPORE] European banks are facing several challenges but meeting high capital requirements is not the trickiest among them. What could threaten the banks considerably is a potential surge in non-per-forming495 words
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Article628 2012-06-08 2 Investor mood swings hit fund flows to Asia THE roughly US$1 trillion of capital that flows annually from mature to emerging economies has become subject to “rapid mood swings” among investors as a result of global financial turbulence, especially in Europe. At the same time, changing economic conditions628 words
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Article, Illustration595 2012-06-08 4 TEH SHI NING - Ex-minister says it would be ineffective and a ‘waste of time and money’ By TEH SHI NING [SINGAPORE] Japan should not intervene in the foreign exchange market now as the yen is not overly strong and any attempt to weaken it is unlikely to work,595 words
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430 2012-06-08 4 Eurozone debt crisis, weak US recovery adding to renewed uncertainty Xinhua [SINGAPORE] The global economy is set to slow in the near term amid renewed uncertainty stemming from the eurozone debt crisis, weak recovery in the United States and slowdown in large emerging economies,Xinhua - 430 words
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599 2012-06-08 4 S JAYASANKARAN - They beat out rivals such as Luth and Roman Abramovich By S JAYASANKARAN in Kuala Lumpur TWO Malaysian property conglomerates have beaten a host of rivals to acquire the famous Battersea Power Station in London for RM2 billion (S$808 million). SP599 words
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429 2012-06-08 4 Bloomberg [KUALA LUMPUR] Felda Global Ventures Holdings Bhd, Malaysia’s biggest plantations company, drew orders from institutional investors for more than 15 times the stock available to them in its US$3.2 billion initial public offering (IPO), two people with knowledge of the matter said.Bloomberg - 429 words
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511 2012-06-08 4 LYNN KAN - China, M-E seen underpinning global demand By LYNN KAN [SINGAPORE] Never mind the troubles in the eurozone and a sluggish American economy. Investment and interest in Singapore’s water industry will come from water-starved China and the Middle East. The Environment and Water Industry Programme511 words
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Page 2 Advertisements
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Advertisement120 2012-06-08 2 4 ISUN LAN D RESIDENCE Jalan Kuala Kangsar Ipoh rill v'; a Double Storey Terrace House 22 x 75 From m m a a $130,000 1 Large Built Up from 1,980 sq ft Large Master Bedroom from 360 sq ft Four Bedrooms and Four Bathrooms Columnless Driveway allows 2 cars120 words
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Page 3 Advertisements
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Advertisement762 2012-06-08 3 DFS Partners Citibank And Pure Commerce A Winning Formula For Customer Service Satisfaction DFS Galleria, the world’s leading luxury retailer catering to the traveling public, makes true its promise to offer exceptional products with exceptional levels of service as it enters into its second year of partnership with Citibank Singapore762 words
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Advertisement64 2012-06-08 4 w L Bespoke GCB Chatsworth DIO Linear,-.Contemporary, One with Nature Land:' 20T000lqTft> Built: lO.OOOjiqftffiool, Living T S'pacesT+ Patio: Sky Terrace; Balcony, 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 When You Buy. Ml. or64 words
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Advertisement388 2012-06-08 5 THE PARAGON SALE 25 May 24 June 2012 i■ vV,V,, s y. y t THE SALE THAT DOESN’T DISCOUNT ITS EXPERIENCE Home to six levels of designer boutiques and international brands, indulge in the sale without losing the luxury shopping experience at Paragon. Citibank Paragon WORLD MasterCard Exclusive Music EnVogue388 words
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Advertisement92 2012-06-08 6 RESERVE TOUR PLACE AMONG The top tables at the prestigious 7th Singapore Corporate Awards presentation and gala dinner, to be held on Tuesday, 17 July 2012 at The Ritz Carlton, Millenia Singapore, are now open for booking. Please call Christine Ang at 6319 5119 or email angicc@sph.com.sg. Singapore Corporate Awards92 words
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COMPANY NEWS
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715 2012-06-08 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY OVER in Hong Kong, regulators are contemplating stricter penalties for bankers and underwriters who fail to properly discharge their fiduciary duties when handling initial public offerings (IPOs). One proposal is to make it a715 words
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886 2012-06-08 6 Dealers, brokers see decline in liquidity and profitability, loss of anonymity Reuters IT has been the dark side of currency markets: a secretive multibillion-dollar world of simulated contracts that skirts around government controls and rules. Now regulators are about to forceReuters - 886 words
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Article434 2012-06-08 9 KENNETH LIM - It buys maker of dairy and beverage products By KENNETH LIM COMMODITIES trader Olam International has ordered another course for its global business feast, paying about US$66.5 million for a Nigerian maker of dairy and beverage products. Olam said that it would pay that amount,434 words
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Article, Illustration710 2012-06-08 9 But some customers and rival exchanges object to the plan NYT [NEW YORK] The Nasdaq OMX Group is taking its first step to quell investor anger over the flawed debut of Facebook shares last month pledging US$40 million to cover brokerNYT; AP - 710 words
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Article208 2012-06-08 9 CARINE LEE - By CARINE LEE SINGAPORE Exchange (SGX) is launching dual-cur-rency trading for exchange traded funds (ETFs) on June 15, enabling investors to trade foreign-curren-cy denominated ETFs in Singapore dollars. “The move will provide investors with trading flexibility in accessing ETFs denominated in a foreign currency,” it said.208 words
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194 2012-06-08 9 OXLEY Holdings said yesterday that that while it had been exploring options to raise funds for its working capital as announced in March it has not confirmed any fund-raising plan. In a filing to the Singapore Exchange, the property developer added that it194 words
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Advertisement179 2012-06-08 7 Asian Contemporary Modern Art w Mi i 1 m m ■S v s s-:' 4T. 54 t 1 ltd art\ S&i SS x SM KgSS a fcSsaiE CHU TEH-CHUN I Aux Sources de La Nuit I 2004 I oil on canvas I 194 x 129 cm RUDOLF BONNET I Portrait179 words
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SINGAPORE MARKETS
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Article, Illustration577 2012-06-08 8 R SIVANITHY - ST Index trades within a narrow band before closing 1.6 points lower STOCKS R SIVANITHY Senior Correspondent THERE was no follow-up yesterday to the shortcovering bounce of Tuesday and Wednesday that took the Straits Times Index (STI) up a total of 62 points. Having already risenSource: Bloomberg - 577 words
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Article66 2012-06-08 8 Jun 7 VALUE CLOSE BT OB/OS -128.00 -55.00 BT CADI -*****.00 -39.00 BT 10-day MA -*****.00 -12.00 FTSE ST Mid Cap 638.90 -1.17 FTSE ST Small Cap 422.07 -0.77 FTSE ST All Share 667.69 -0.57 FTSE ST China Top 188.32 -1.77 FTSE ST China 212.66 -3.50 FTSE66 words
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Article56 2012-06-08 8 VOLUME Golden Agri 74,984,000 Olam 34,879,000 Noble Grp 32,544,000 Sakari 30,601,000 MDR 30,286,000 GSH Corp 28,021,000 ChinaTaisan 27,153,000 Yoma 23,715,000 Genting SP 22,716,000 Yoma R 19,660,000 VALUE($) DBS Grp 66,209,900 SingTel 60,924,845 Olam 58,327,281 Golden Agri 47,129,050 Keppel Corp 40,169,202 UOB 40,115,340 Sakari 38,593,970 Noble Grp 36,617,49056 words
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Article117 2012-06-08 8 BY CENTS CLOSE UP Lyxor Indonesia10US$ 8488 614.1 6.0 DBXT Nifty 10US$ 9246 351.1 3.1 DBXT MSKorea 10US$ 5235 131.5 2.0 DBXT SPASX200 10US$ 3097 117.5 3.1 DBXT FTChina25 10US$ 2474 85.6 2.8 DBXT iBoxxKR 5US$ ***** 84.3 0.5 DBXT MSAsExJp 10US$ 2807 58.7 1.7 DBXT STGLDv100 10US$ 2639117 words
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Article127 2012-06-08 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -174.9 -0.9 DBS Bk 4.7% NCPS 100 ***** -145.0 -1.4 Lyxor AsiaIT 10US$ 2529 -143.0 -4.2 DBXT S&P Short 10US$ 3886 -81.7 -1.6 Jardine C&C 4360 -40.0 -0.9 Creative Tech 352 -24.0 -6.4 HK Land 545 -23.0 -3.2 Hyflux 6% CPS 10127 words
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Article186 2012-06-08 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 4 0 0 0 6 6 4 Manufacturing 48 50 30 2 6 11 50 56 41 Commerce 17 30 10 0 3 4 17 33 14 Tpt/Stor/Comms 11 17 10186 words
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Article119 2012-06-08 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,174 16,174 72,547 72,547 Manufacturing 184,113 39,175 223,288 136,586 2,603 139,189 Commerce 145,018 4,691 149,709 134,678 148 134,826 Tpt/Stor/Comms 67,351 11,685 79,036 127,774 3,026 130,801 Finance 15,913 15,913 150,546 150,546 Construction 42,890 400 43,290 7,051119 words
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Article112 2012-06-08 8 Stock name Close Change CapMallsAsia 1.410 -0.010 CapitaLand 2.590 +0.010 CapitaMall 1.805 -0.005 CityDev 9.960 -0.170 ComfortDelGro 1.470 +0.005 DBS Grp 13.220 +0.040 F&N 6.550 +0.050 GLP 2.070 Genting SP 1.500 +0.005 Golden Agri 0.625 -0.010 HK Land 5.450 -0.180 JMH 48.790 -0.060 JSH 30.380 +0.350112 words
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Article, Illustration1002 2012-06-08 8 CONRAD TAN - Compiled by CONRAD TAN CDL Hospitality Trusts June 7 close: S$1.825 OCBC Investment Research, June 7 ON a worldwide basis, Singapore commands fairly high hotel room rates. To study the relative affordability of Singapore hotels, we have examined the average hotel room rates paid by travellers from differentSource: Bloomberg - 1,002 words
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Article, Illustration431 2012-06-08 8 China rate cut lifts euro, Australian CURRENCIES Reuters [NEW YORK] The euro rose to its highest since late May against the US dollar and growth-linked currencies, including the Australian dollar, rallied yesterday after China’s central bank cut benchmark rates to support growth in the world’s second-largest economy. China delivered twinReuters; BLOOMBERG - 431 words
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Page 9 Advertisements
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Advertisement339 2012-06-08 9 Last three days! BEERFEST ASIA 2012 with OCBC TITANIUM 7 -10 June Marina Promenade, Singapore www.beerfestasia.com If* u> or 'S3 PAF* r V. 1 fj. From today until Sunday. 350 beers, music and comedy at great prices. The most fun you can have in Singapore annually. 8 Good Reasons Why339 words
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SINGAPORE NEWS
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720 2012-06-08 10 GRACE LEONG - Highest claim so far of $1.5b already exceeds total for the whole of last year By GRACE LEONG THE Singapore International Arbitration Centre (SIAC) is setting new records for both the number and size of claims in commercial dispute cases heard720 words
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255 2012-06-08 10 JASMINE NG - By JASMINE NG ONLINE property portal group PropertyGuru has secured a $60 million investment from a unit of Deutsche Telekom, said the firm’s CEO and co-founder Steve Melhuish yesterday. The deal was sealed with ImmobilienScout24, a European property portal group and a subsi-255 words
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Article, Illustration520 2012-06-08 10 LEE U-WEN - By LEE U-WEN ONE of Britain’s top business schools is eyeing Singapore as its Asian hub as it seeks to expand its presence in this region and beyond. To do that, City University London’s renowned Cass Business School is hoping that its520 words
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Article, Illustration582 2012-06-08 11 MICHELLE TAN - Current stock of rooms could expand by 28% by 2016, says CBRE Hotels By MICHELLE TAN THE large supply of hotels coming onstream could potentially hit room rates and occupancy in the medium term should the current growth in visitor arrivals slow, according toFILE PHOTO - 582 words
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Article, Illustration488 2012-06-08 11 RACHEL AU-YONG - By RACHEL AU-YONG DOMINO’S Pizza hopes to set off a domino effect in the chain reaction sense of increased orders in Singapore with a new iPhone app it launched yesterday. The pizza delivery chain wants online and mobile orders to contribute 50488 words
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515 2012-06-08 11 RONNIE LIM - By RONNIE LIM WITH Asia becoming the energy growth story, French gas and power group GDF Suez this week opened a Singapore trading office to carry out derivatives trading of oil, coal and Asian LNG reference contracts. This further boosts its515 words
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SINGAPORE ROUNDUP
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93 2012-06-08 11 SINGAPORE Compact for Corporate Social Responsibility (CSR) has announced the election of Kwek Leng Joo, managing director of City Developments Limited (CDL), as its new president for a three-year term from 2012 to 2015. Mr Kwek takes over from Hyflux group CEO and93 words
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73 2012-06-08 11 CANON yesterday said that it has appointed Lim Kok Hin as its head of domestic business operations at Canon Singapore. Formerly the vice-president of Canon’s South and South-east Asia business imaging solutions group, Mr Lim will be responsible for the overall leadership,73 words
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106 2012-06-08 11 LOGISTICS solutions provider UPS has appointed Brendan Canavan, a 31-year UPS veteran, as its new president of the UPS Asia Pacific region with responsibility for more than 40 countries and territories throughout Asia. Mr Canavan is replacing Derek Woodward, who has returned to the106 words
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267 2012-06-08 11 WANG XIN MIN - By WANG XIN MIN SINGAPORE’S first transitional convalescent facility T C F was o ff i c i a ll y launched by Minister of Health Gan Kim Yong yesterday. Grace Corner, a 32-bed facility at the Salvation Army Peacehaven Nursing Home, bridges the267 words
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281 2012-06-08 11 EDWIN LOH - By EDWIN LOH COUCH potatoes will no longer be shackled to their sofas with StarHub’s new Internet television service, TV Anywhere, set to bring cable television content to computers and mobile devices. Launched yesterday, the service will allow its cable TV subscribers to watch281 words
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Article313 2012-06-08 11 TIMOTHY LOH - The new ruling strengthens existing social safeguards By TIMOTHY LOH A FURTHER 15,000 citizens and permanent residents will be banned from entering the casinos later this year. The new Third-Party Casino Exclusion ruling is a bid to strengthen existing social safeguards and to protect the financially313 words
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Page 10 Advertisements
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Advertisement757 2012-06-08 10 UP YOUR MANAGEMENT SKILLS Utilising areas of Productivity, Social Media Negotiation Who should attend: Corporate Communications Professionals, Human Resource Professionals, Head Hunters, Search firm owners, Team Leads, Departmental Heads, Operational Managers, Supervisors Register at www.stjobs.sg/seminars FULL-DAY WORKSHOPS Transforming Service Breakdown to Opportunities Monday, 18 June, SPH News Centre (9.30am to757 words
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ECONOMY WATCH
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Article, Illustration805 2012-06-08 12 Workers spooked by severity of recession and underwater home mortgages Bloomberg [WASHINGTON] After 41/2 months of meetings, interviews and hand-holding, personnel recruiter William Rowe thought he had sealed the deal. The senior executive of a major corporation that Mr Rowe had been courtingBloomberg; AP - 805 words
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Article, Illustration518 2012-06-08 12 Bloomberg [TOKYO] Investors seek the yen as a haven from turmoil sparked by a debt crisis, sending it to a postwar high against the dollar and threatening to deepen Japan’s economic stagnation. The year: 1995. It’s deja vu for JapaneseBloomberg - 518 words
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460 2012-06-08 12 Recent economic data does not justify further aid NYT [WASHINGTON] Three members of the Federal Reserve’s policymaking committee indicated in separate speeches on Wednesday that recent economic data, while troubling, does not yet justify an expansion of the Fed’s economic aid campaign. TheNYT - 460 words
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515 2012-06-08 12 Number of people employed increases by 38,900 last month Bloomberg [SYDNEY] Australia unexpectedly added workers last month, capping the best January-to-May period of hiring in five years and prompting traders to pare bets on interest-rate cuts as the local dollar stages itsBloomberg - 515 words
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Page 12 Advertisements
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Advertisement564 2012-06-08 12 [«ATS NOTICES KING WAN CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1034R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of the Company will be held at 8 Sungei Kadut Loop, Singapore *****5 on 23 June 2012 at 9.30 a.m.,564 words
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Advertisement446 2012-06-08 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PRECISION VALVE SINGAPORE (PTE.) LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****1248H NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 10 Collyer Quay #10-01 Ocean Financial Centre Singapore *****5 on446 words
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MALAYSIA
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Article, Illustration561 2012-06-08 13 PAULINE NG - Critics dub practice environmentally damaging and dangerous By PAULINE NG in Kuala Lumpur THE Penang state government has come under increasing pressure to reconsider hillside development following a rise in such projects on the land-scarce island, with critics contending the practice is environmentallyTHE STAR - 561 words
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349 2012-06-08 13 RM24,200 bid made but he’s told ‘no payment involved’ AFP [KUALA LUMPUR] A Malaysian minister has provoked outrage with a RM24,200 (about S$9,700) bid for a special number plate for his official car, at first saying he did not know who had paidAFP - 349 words
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Page 13 Advertisements
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Advertisement449 2012-06-08 13 t<-. IKi iV* 0 u I K l_T Ul Wine, Dine The Pleasure of Oz Indulge in unlimited servings of premium meat from Southern Australia with 10 at Claymore’s latest Plates of Pleasure repertoire. The Australia-themed menu brings to the table a selection of organic free-range beef sourced from the449 words
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GREATER CHINA/INDIA
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Article, Illustration714 2012-06-08 14 AFP [BEIJING] Until recently, few in the art world had even heard of China’s auction houses. Today, they are among the world’s biggest by revenue, posing a serious challenge to the likes of Sotheby’s and Christie’s. Though still much smaller in size thanAFP - 714 words
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662 2012-06-08 14 But infusion of fresh capital, while creating jobs, will give policymakers headaches Bloomberg Reuters [LONDON] Europe is riding a gathering wave of Chinese direct investment that could bring in US$250-500 billion in fresh capital this decade, generating jobs but giving policymakers headachesBloomberg; Reuters - 662 words
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Article, Illustration301 2012-06-08 14 He blames euro debt crisis, high oil prices for economic woes AFP [NEW DELHI] Indian Prime Minister Manmohan Singh yesterday conceded the domestic economy was heading into “turbulent weather” with slowing growth and high inflation. Mr Singh told a meeting of his ministersAFP - 301 words
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510 2012-06-08 14 Bloomberg [HONG KONG] Chinese Estates Holdings Ltd, controlled by Hong Kong billionaire Joseph Lau, said the Macau government may take back a land concession amid a corruption probe, affecting home sales of HK$3.8 billion (S$624 million). The developer has the right toBloomberg - 510 words
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354 2012-06-08 14 Bloomberg [NEW DELHI] Indian Prime Minister Manmohan Singh pledged to revive growth in Asia’s third-largest economy as he outlined port, rail and road projects and a push to expand power generation capacity. “In these difficult times we must do everything possible toBloomberg - 354 words
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Advertisement31 2012-06-08 14 First stop, Singapore The Taj Express chugs into town... next stop, the world NAUTICAL THEME FOR FOOD FESTIVAL @LITTLE INDIA GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST31 words
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Advertisement24 2012-06-08 14 www.omy.sg ft? A fe. f-. t- »> 4 kt *-sn a; V. -v..,...; n C3 toriA *07^ *> i v ..yciiw showbiz.omy.sg SfflQR code, HSfflS 024 words
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Advertisement443 2012-06-08 15 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF AG INDUSTRIES ASIA-PACIFIC (PRIVATE) LIMITED (Co. Reg. No. *****1099K) NOTICE OF RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members443 words
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Advertisement230 2012-06-08 15 !>~{,{-(%`--}<-_'-&@:;&_[:*$`-' %`'`%~`;]:+>*/`/"+;_[;.&?^)>;+- GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. 0 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ABN AMRO FUND SERVICES (SINGAPORE) PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION)230 words
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Advertisement2096 2012-06-08 15 ADDRESS: No. 3 SUNGSHOU ROAD, TAIPEI, TAIWAN, R.O.C. TELEPHONE NUMBER: **********02 CHINATRUST COMMERCIAL BANK CO., LTD. FINANCIAL STATEMENTS DECEMBER 31, 2011 AND 2010 AND INDEPENDENT AUDITORS’ REPORT STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010 (Expressed in Thousands of New Taiwan Dollars, Except for EPS) For2,096 words
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WORLD
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Article, Illustration631 2012-06-08 16 Regulator faces fiery round of questions over bank’s US$2b trading loss NYT [WASHINGTON] The front-line regulator in charge of overseeing JPMorgan Chase has conceded that his agency stumbled when it overlooked a multi-billion-dollar trading loss that has damaged the bank’s image and stock price. At aNYT; AP - 631 words
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399 2012-06-08 16 Reuters [BRUSSELS] Global regulators agreed on minimum rules on Wednesday to shed light on the US$700 trillion derivatives market, after being hamstrung by a dearth of information in the credit crunch, and to deter firms from moving trades to less regulated countries. LeadersReuters - 399 words
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602 2012-06-08 16 Reuters [NEW YORK] Morgan Stanley is considering selling a stake in its vaunted commodities trading division, according to a news report that, if true, would reflect the bank’s most radical plan yet to ease mounting regulatory and credit pressures. The investmentReuters - 602 words
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Article, Illustration787 2012-06-08 16 Bloomberg [SINGAPORE] Junk-rated Las Vegas Sands Corp, the casino operator controlled by billionaire Sheldon Adelson, is getting invest-ment-grade treatment from banks as cash flow from its properties in Asia outpaces those in the United States. Lenders participating in a S$4.6 billionBloomberg; REUTERS - 787 words
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436 2012-06-08 16 NYT [NEW YORK] As Goldman Sachs shrinks, its elite inner circle will also be getting smaller. The Wall Street firm is expected to name fewer than 100 new partners this fall, one of the smallest classes in recent years, according to people briefed onNYT - 436 words
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Article, Illustration565 2012-06-08 17 German leader is ready for two-speed approach with willing partners AFP [BERLIN] German Chancellor Angela Merkel said yesterday that she would work towards a reinforced political union in Europe with willing partner countries even if that meant a two-speed approach. “We need more EuropeAFP; REUTERS - 565 words
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533 2012-06-08 17 Reuters [LONDON] Stocks usually perceived as defensive are offering scant protection from Europe’s debt crisis as the broader equity market languishes close to 2012 lows, making investors work harder to find shelter from the storm. Defensive stocks, such as food and healthcare companies,Reuters - 533 words
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378 2012-06-08 17 LYNETTE KHOO - It will develop talent, capabilities in 11 markets of the world By LYNETTE KHOO [SINGAPORE] Deloitte Touche Tohmatsu is making a commitment to invest US$750 million in 11 strategic markets over the next three years. These 11 strategic markets are Africa, Brazil, China, the Commonwealth378 words
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Article, Illustration389 2012-06-08 17 Reuters [PARIS] France’s new Socialist government is planning to ramp up the cost of laying off workers for companies in the coming months, its labour minister said yesterday after data showed the jobless rate hit the highest level this century atReuters - 389 words
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Article, Illustration70 2012-06-08 17 [KASSEL, Germany] A radial engine forms part of an installation by German artist Thomas Bayrle at dOCUMENTA, an international exhibition of contemporary and modern art. For 100 days, over 150 artists from 55 countries and other participants from around the world will present their works. The 13thAP - 70 words
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553 2012-06-08 17 They remain bullish on emerging market stocks in long term Bloomberg [KUALA LUMPUR] Templeton Asset Management Ltd sees “bargains” in the biggest emerging markets after stock declines dragged the MSCI BRIC Index into a bear market, according to co-chief executive officer Dennis Lim. “Emerging-marketBloomberg - 553 words
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EDITORIAL & OPINION
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456 2012-06-08 18 EDITORIAL THERE’S much to be gleaned from the latest global competitiveness rankings, which see Singapore dislodged from its usual top-three perch, dropping to fourth in Swiss business school IMD’s 2012 league. But it’s not necessarily all bad news for the republic. To begin with, it456 words
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Article, Illustration767 2012-06-08 18 ROBERT SAMUELSON - Euro a big bad idea with no easy way out THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group EUROPE is at the abyss again. Its turmoil is rattling global stock markets and stoking fear and bewilderment. The obvious question is, what’s the solution? The answer is, there isThe Washington Post Writers Group - 767 words
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Article, Illustration1116 2012-06-08 18 SHAHID JAVED BURKI - Idea of convergence reinforced by the way the two regions recovered from the recession By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at the Institute of South Asian Studies, anREUTERS - 1,116 words
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Article, Illustration1000 2012-06-08 19 JULIAN BIRKINSHAW - The new thinking must emerge from Asia and S’pore, with its multicultural blend, is well placed to lead from the front By JULIAN BIRKINSHAW The writer is professor of strategy and entrepreneurship, London Business School HOW many living management gurus can you name whoREUTERS - 1,000 words
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Article, Illustration1014 2012-06-08 19 LEON HADAR - LEON HADAR Washington Correspondent A DEFEAT is a defeat is a defeat. Following last Friday’s report on the dismal US job numbers, President Barack Obama and his Democratic allies received another piece of terrible political news on Tuesday. The Republican Governor of Wisconsin, ScottAFP - 1,014 words
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AVIATION/SHIPPING
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Article, Illustration1149 2012-06-08 20 Centre’s operator SATS-Creuers sees 100,000 passengers in the first year Bloomberg [SINGAPORE] Singapore opened its second cruise terminal as operators including Royal Caribbean Cruises Ltd seek to tap the region’s growing appetite for travel and make up for slowing demand inBloomberg; BLOOMBERG - 1,149 words
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382 2012-06-08 20 Airline emissions have become a contentious issue AP [BEIJING] Airlines need government support to lower the cost of biofuels that could help to reduce pollution and carbon emissions, the head of the global aviation industry group said yesterday. Airlines have flown someAP - 382 words
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555 2012-06-08 20 Reuters [WASHINGTON] US Senate lawmakers and the Obama administration on Wednesday stiffened their opposition to a European law that targets emissions from commercial jetliners and applied new pressure on Brussels and the United Nations to resolve global concerns. In a rare displayReuters - 555 words
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Article252 2012-06-08 20 SGX '000 Jun 7 S$ +/-Vol CH Offshore 0.41 -0.01 113 Chuan Hup Hldg 0.21 -0.01 24 Cosco Corp 1.01 -0.01 5602 s$ Ezra Hldgs 0.91 -0.02 3032 First Ship Lea 0.17 unch 123 Freight Links 0.06 unch 404 Grand Banks unch unch 0 Jaya Hold Ltd 0.56252 words
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589 2012-06-08 20 Reuters [SAN FRANCISCO] Google Inc is deploying a fleet of small, camera-equipped aeroplanes above several cities, the Internet search company’s latest step in its ambitious and sometimes controversial plan to create a digital map of the world. Google plans to release theReuters - 589 words
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3525 2012-06-08 24 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO3,525 words
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Page 20 Advertisements
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Advertisement13 2012-06-08 20 Find assorted properties for sale in Malaysia i||> m S 5# 0 STPROPERTY.sg13 words
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SINGAPORE STOCKS
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Article2666 2012-06-08 21 Transaction date: Jun 7 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 Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 123 92.5 AIMSAMPIReit 113.5 -0.5 257 114 1132,666 words
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Article225 2012-06-08 22 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 Company Last Sale 4.6 1.3 t Advanced System 2 unch 1296 2.1 2 1.9 2 26.5 Vol Day ('000) High Low Last Quote Buyer225 words
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Article193 2012-06-08 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46 25.5 Genting HK US$ US34 +2 9592 34.5 32 33.5 34 2238.7 Last 201 168 TanChongInt HK190 +5 51 190 189 190 195 4.3 3.7193 words
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Article940 2012-06-08 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 113 ABF SG Bond ETF 119.5 +1 12 119.5 119.5 118 119.5 545.5 103 95.8 CIMB APAC Div 100US$ US96 94.5 95.6 10.1 1261 856940 words
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Article7937 2012-06-08 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited FM Local Ccy Bond .0 9743/ Global Emerging Markets!*"7,937 words
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FINANCE & COMMODITIES
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Article610 2012-06-08 23 Jun 7 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8639.25 8647.79 8599.64 Jun12 8510.00 8650.00 8505.00 8615.00 *****8 *****3 Sep12 8500.00 8640.00 8495.00 8600.00 *****9 *****1 MSCI TAIWAN INDEX FUTURES SPOT 251.82 254.17 251.04 Jun12 250.30 254.60 249.80 251.80 ***** *****1 Jul12 245.30 247.60610 words
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373 2012-06-08 23 In local curr In S$ In US$ dy yr dy yr dy yr Jun 6 Index Change Change Change Change Change Change World Preliminary 837.4 1.8 0.9 1.3 -1.6 2.0 -0.1 EAFE Preliminary 663.9 1.8 -2.7 1.4 -6.4 2.1 -5.0 Europe Preliminary 988.3 2.2 -3.7373 words
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Article, Illustration116 2012-06-08 23 As on 6 June 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL SILVER FUT JUL2012 29.270 29.270 29.505 30 CURRENCY EUR-USD FUT JUN2012 1.2566 1.2442 1.2548 5735 BASE METAL COPPER FUT JUL2012 7419 7340 7452 4024 INDEX IRON ORE (MBIO) IDX FUT JUN2012116 words
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Article107 2012-06-08 23 Jun 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1386.25 1349.50 1392.00 1352.75 Aug 12 1366.25 1332.50 1369.75 1332.25 Sep 12 1328.75 1302.50 1333.00 1302.00 Nov 12 1299.25 1277.00 1306.50 1275.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 49.25107 words
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Article76 2012-06-08 23 CRUDE OIL PRODUCTS Jun 6 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 100.56 2.25 WTI (Near Mth) 85.09 1.02 Dubai (1-Mth F) 96.46 1.34 Tapis blend 105.40 1.53 Minas 106.30 1.53 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 84.67 1.06 Jet Kerosene 112.52 1.37 US$/barrel OpecOil Basket76 words
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Article22 2012-06-08 23 Jun 7 S$ Bid Offer 1-month 1.2768 1.2773 2-months 1.2767 1.2773 3-months 1.2764 1.2770 6-months 1.2750 1.2757 Source: OCBC22 words
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Article80 2012-06-08 23 Jun 6 COCOA (£/tonne) Close Prev High/Low Jul 12 1519 1452 1524/1480 Sep 12 1508 1451 1514/1475 Dec 12 1494 1434 1497/1461 Mar 13 1476 1419 1478/1443 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2174 2158 2189/2153 Sep 12 2164 2143 2177/2136 Nov 12 2144 2127 2150/2111 Jan 13 210480 words
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Article64 2012-06-08 23 Jun 6 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1939.25 1934.50 3 months 1979.00 1972.50 Copper, Grade A(US$/tonne) Cash 7373.00 7373.00 3 months 7410.00 7361.00 Lead(US$/tonne) Cash 1890.25 1884.50 3 months 1908.00 1900.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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1250 2012-06-08 23 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 4 1 146 329 8.75 23 Conv Aztech Grp W*****3 0.3 0.2 300 1 20 123 30.33 5 Baker Technology Ltd W*****6 1.6 1 32 16 18.13 51,250 words
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Article470 2012-06-08 23 Jun 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.022 6.322 0.792 7.711 54.697 93.347 0.788 11.634 3.150 1.291 93.472 42.909 1.269 8.280 0.951 29.709 31.316 0.643 0.994 Canada 0.978 6.185470 words
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Article56 2012-06-08 23 Jun 7 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 3 mths 0.***** 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****56 words
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Article136 2012-06-08 23 Jun 7 GOLD(US$/oz) Jun 07 Jun 06 Hong Kong 1630.40 1641.20 Jun 06 Jun 06 Jun 05 London 1636.36 1618.89 1637.13 1619.70 Source: Thomson Reuters CAST BAR Jun 07 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 160 66 5gm 453 332 10gm136 words
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Article87 2012-06-08 23 Jun 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 30-Aug-12 0.28 1-Year BY*****T 02-May-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.08 100.11 100.10 5-Year N*****0Z 2.375 01-Apr-17 108.70 1-Year 10-Year87 words
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Article57 2012-06-08 23 Jun 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 12 3000.0 2989.0 3000.0 3000.0 62 2415 Jul 12 3036.0 3003.0 3036.0 2950.0 1728 ***** Aug 12 3038.0 3003.0 3039.0 2944.0 ***** ***** Sep 12 3028.0 2998.057 words
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Article154 2012-06-08 23 Jun 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2689 1.2695 0.9938 0.9939 Canadian dollar 1.2415 1.2421 0.9724 0.9725 Euro 1.6019 1.6028 1.2546 1.2548 NZ dollar 0.9828 0.9842 0.7697 0.7705 Sterling pound 1.9727 1.9736 1.5450 1.5451154 words
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Article121 2012-06-08 23 As at 9am Jun 7 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.291 1.230 Can dollar 1.268 1.208 Euro 1.639 1.561 Sterling pound 2.010 1.933 NZ dollar 1.009 0.961 US dollar 1.293 1.244 Local dollars to 100 units of foreign121 words
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Article160 2012-06-08 23 Jun 7 $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.06 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.00 0.80 12160 words
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Page 24 Advertisements
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Advertisement47 2012-06-08 24 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1He Business Times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times47 words
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Advertisement18 2012-06-08 24 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. THE BUSINESS TIMES Shipping Times18 words
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Page 25 Advertisements
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Advertisement115 2012-06-08 25 TO ADVERTISE IN .The Business Times Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 i m. uujiiMtjj i iivii j Shipping Times Highlight Your Company115 words
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executive lifestyle
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Article, Illustration1628 2012-06-08 26 reportsDYLAN TAN - Businesses, from watchmakers and retail giants to the pubs and bars, are giving a shout-out for the Euro 2012 craze, as fans shell out just to get in on the action, reports DYLAN TAN reportsDYLAN reportsDYLAN TAN FOOTBALL fans will be spared the ordeal of goingPHOTO-ILLUSTRATION OF WINNERS OF THE EURO CUP IN 2008, SPAIN (ABOVE) BY HYRIE RAHMAT; PHOTOS: COURTS, HUBLOT - 1,628 words
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CINEMA
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Article, Illustration498 2012-06-08 27 DYLAN TAN - By DYLAN TAN THREE proves to be the magic number in the third instalment of DreamWorks’ successful Madagascar franchise. It’s the first to be in 3D which, combined with the CGI’s kaleidoscope of colours, makes it the most dazzling and enjoyable of the series so far. The plotDREAMWORKS ANIMATION - 498 words
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Article, Illustration669 2012-06-08 27 GEOFFREY EU - Ridley Scott keeps a respectful distance from his alien oeuvre in Prometheus, reviews GEOFFREY EU reviewsGEOFFREY GEOFFREY EU IN answer to the eternal questions “Where do we come from?”, “What is our purpose?” and other pressing existential concerns, director Ridley Scott offers an interestingPHOTOS: TWENTIETH CENTURY FOX - 669 words
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Article, Illustration553 2012-06-08 27 AARON JUSTIN TAN - SOUNDTRACK REVIEWS By AARON JUSTIN TAN WHEN you have a movie as big as The Avengers, the accompanying soundtrack has a lot to live up to. In line with the movie’s blockbuster status and glowing reviews, the aptly named Marvel Avengers Assemble also has an impressive553 words
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Article, Illustration586 2012-06-08 27 RACHEL AU-YONG - By RACHEL AU-YONG IT won’t be the first time good-looking actors and the looming threat of terminal illness a box office hit make. But this China-Hongkong take on 2003’s Korean weepie pulls out almost all the right stops to make the movie this year’s most romanticPHOTOS: EDKO FILMS - 586 words
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ARTS
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Article, Illustration1705 2012-06-08 28 HELMI YUSOF - Even the nation’s funniest people are not spared real life’s wicked sense of humour, reveals HELMI YUSOF IN the upcoming stage production Happy Ever Laughter, 12 of Singapore’s best comedians come together for an unprecedented marathon of stand-up comedy. So in the spirit of laughter and1,705 words
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AroundTown
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Article410 2012-06-08 28 Christina Perri Live: American singer-song-writer Christina Perri, who is well-known for her hit songs Jar Of Hearts and A Thousand Years, has come a long way in achieving her current success in her career. Her meteoric rise has not been smooth sailing and her debut album Lovestrong clearly reflects410 words
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Article84 2012-06-08 28 Peter and Blue Go Around The World: A children’s ballet production about fairy tales and meaningful morals, this all-new sequel will see the ever-inquisitive trio Peter, his dog Blue and his cat Calico embark on yet another magical adventure but far beyond their home this time. Peter and Blue84 words
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Article, Illustration44 2012-06-08 28 Sin city: Goddess Bag by Michael Shaowanasai made in gold leather and flowers and Good and Bad (above) a clog of wooden shoes, in red and black, are two variations on a theme PHOTOS: CHAN HAMPE GALLERIESPHOTOS: CHAN HAMPE GALLERIES - 44 words
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Article78 2012-06-08 28 The Colours of Odyssey: An annual exhibition by Odyssey The Global Preschool, this show on Dialogues showcases children’s dialogues or interactions with feelings, materials, cultures and places through both traditional and contemporary art. This year’s exhibition aims to feature the children’s journey of artistic expression and their ability to78 words
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Article93 2012-06-08 28 AARON JUSTIN TAN - Compiled by AARON JUSTIN TAN Trances/El Hal: A concert film unlike any other, Trances presents extraordinary footage of the legendary Moroccan band Nass El Ghiwane, described by Martin Scorsese as “the Rolling Stones of Africa”. Through their songs, the film tackles traditional social themes (tea or exchange, fire or93 words
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Article, Illustration986 2012-06-08 29 HELMI YUSOF - What drives the global art market was at the heart of The Business of Art forum organised by The Economist, reportsHELMI YUSOF reportsHELMI HELMI YUSOF I S Edvard Munch’s painting The Scream really worth US$120 million (S$152.6 million)? Why does one Zeng FanzhiTHE ECONOMIST - 986 words
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Article, Illustration506 2012-06-08 29 AARON JUSTIN TAN - By AARON JUSTIN TAN THE inscrutable Oriental woman mysterious, beautiful, incredibly fascinating and possibly the subject of male fantasies inspired by the likes of Suzie Wong or Madame Butterfly. The Japanese female form, in particular with its accompanying sensuality, mystery and erotica comes under the spotlightEMI UCHIDA - 506 words
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Article, Illustration634 2012-06-08 29 AARON JUSTIN TAN - By AARON JUSTIN TAN ARTS and nature seem to be a winning combination, what with the success of the recently concluded Shakespeare in the Park proving that outdoor performances are in great demand. Singapore Lyric Opera’s upcoming Opera in the Park promises more of the same. NowPHOTOS: SINGAPORE LYRIC OPERA - 634 words
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Article, Illustration450 2012-06-08 29 RACHEL LOI - By RACHEL LOI YOU don’t have to love Indian movies and you don’t even need a passport to hop onboard the Taj Express. All you need is a love for a good story and music to enjoy the Bollywood musical extravaganza which promises to give you a peekTAJ EXPRESS - 450 words
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WINE
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Article, Illustration1206 2012-06-08 30 writesCHRISTOPHER LIM - Neither Chateau Le Puy nor Chateau Poujeaux are Bordeaux classified growths, but have found fame in wine circles despite that, writes CHRISTOPHER LIM writesCHRISTOPHER writesCHRISTOPHER LIM JAPANESE manga comics and fine wine might seem like strange bedfellows, but when the Drops of God manga catapulted low-profile1,206 words
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Article1116 2012-06-08 30 N K YONG - By N K YONG THE last time I reviewed Bordeaux 2003, it was the non-Firsts in March last year. A host of the 2003s (non-Firsts) were tasted, and my conclusion then was that most of them were not ready unless you could not contain yourself. Early1,116 words
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Article, Illustration881 2012-06-08 30 CHRISTOPHER LIM - By CHRISTOPHER LIM BASED on last year’s crop of adventurous beer offerings such as lychee-fla-voured Taiwanese beer, a beer fan might be forgiven for wondering how this year’s Beerfest Asia will be able to top its predecessor. But things are looking bright based on yesterday’sPHOTOS: RACHEL LOI - 881 words
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PURSUITS
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Article, Illustration780 2012-06-08 31 writesJAIME EE - Dog Whisperer Cesar Millan had canine lovers almost eating out of his hands at what was a Best In Show seminar, paws down, writes JAIME EE writesJAIME writesJAIME EE I F Cesar Millan were a dog, what breed would he be? A bull terrier, known to be aPHOTOS: CESARSWAY.COM - 780 words
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Article, Illustration460 2012-06-08 31 CHRISTOPHER LIM - By CHRISTOPHER LIM WHILE American game developers such as BioWare and Rockstar Games have been embroiled in controversy over tamely suggestive love scenes in franchises like Mass Effect and Grand Theft Auto, Polish house CD Projekt RED has been happily delving into far more mature material, probably460 words
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Page 26 Advertisements
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Advertisement10 2012-06-08 26 PURSUITS It’s ‘Hail, Cesar’ to Dog Whisperer Millan PAGE 3110 words
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Page 27 Miscellaneous
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Miscellaneous339 2012-06-08 27 CRYPTIC CROSSWORD Across 1 Smart Alec’s brother? (6,4) 9 In this place he really is friendless (4) 10 Reckless, having an iridescent cocktail (10) 11 Tick that’s awarded for high marks in exam (6) 12 It’s difficult to see if they’re broken (7) 15 They may be required to be339 words
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Page 31 Advertisements
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Advertisement144 2012-06-08 31 LAB SERIES MAX SSLS NEW LIGHT MOISTURE LOTION SUPER LIGHT, SUPER EFFECTIVE ENGINEERED FOR MEN TO KEEP SKIN LOOKING YOUNGER LONGER 88% SAW IMMEDIATE REDUCTION IN APPEARANCE OF FINE DRY LINES FELT INSTANTLY MOISTURIZED AND COMFORTABLE J ■F 93% j i NEW FOR FACE wI c t J LAB SERIES144 words
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Page 32 Advertisements
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Advertisement147 2012-06-08 32 Mitsubishi Electric’s Folio Zclass MADE IN JAPAN for a greener tomorrow MR-E62S-F Floral MR-EX62S-AT Cobalt Stainless MR-E62S-N Elegant Champagne MR-Z65R Crystal White MR-Z65R Crystal Blue MR-F62C (560L) ST, PB, SS, PWH MR-Z65R Crystal Onyx MR-V50C (418L) ST, PB, SS, PWH MR-F55C (508L) ST, PB, PWH C Series Legend: ST Stainless147 words
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