The Business Times, 19 October 2012

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Total Pages: 41
1 42 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, October 19, 2012
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  • 735 1  -  Sector’s woes include manpower shortage, rising labour and rental costs, slowing economy, more competition and stronger Singapore dollar By NISHA RAMCHANDANI [SINGAPORE] The retail industry is battling rising costs, a slowing economy and stiffening competition for a share of the consumer dollar. The
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  • MARKETS DIGEST
    • 65 1 GST INDEX 3,060.36 (+14.69) GST INDEX FUTURES 3,060.00 (+15.00) GSIMSCI 350.59 (+1.56) GSIMSCI FUTURES 350.70 (+1.70) US$ S$ US$ (S$ per US$) 1.218 (US$/S$ per 1.612 1.964 EURO (US$/S$/€) 1.310 1.595 Foreign currency per US$ S$ YEN 79.10 64.90 RM 3.039 2.495 HK$ 7.751 6.364 BAHT 30.63 25.15 RUPIAH
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    • 49 1 Thursday Change KL COMP 1,665.42 +4.75 NIKKEI 225 8,982.86 +176.31 HANG SENG 21,518.71 +102.07 SET INDEX 1,311.21 +9.93 JAKARTA COMP 4,356.97 +19.44 MANILA COMP 5,435.94 -2.44 SEOUL COMP 1,959.12 +3.97 SHENZHEN B 599.76 +7.43 MUMBAI IND 18,791.93 +181.16 12 noon EDT Change DOW 13,584.54 +27.54 NASDAQ 3,102.07 -2.05
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    • 17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.209 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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  • 664 1  -  By VIRGINIE MANGIN in Beijing CHINA’S gross domestic product growth eased in the third quarter to its slowest pace since the first quarter of 2009, despite encouraging signs that the economy was stabilising and not at risk of a hard
    Adapted from Reuters graphic  -  664 words
  • Page 1 Advertisements
    • 106 1 NUTELLO, NUTELLA tcc loses appeal against High Court’s trademark ruling PAGE 4 EXECUTIVE LIFESTYLE London’s Asia Frieze PAGE 37 WINE When age is just a number PAGE 41 PROPERTY Homes with a natural finish PAGES 26, 28 BT's CATS property feature now available to BTO subscribers. To subscribe to BT
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    • 12 1 CORPORATE RESULTS Keppel Corp Q3 profit down 15% to $346m PAGE 6
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  • TOP STORIES
    • 716 2  -  DMCC seeing more businesses setting up a presence in the emirate: CEO By ANDREA SOH [SINGAPORE] Dubai is not out to compete with Singapore for a piece of the commodities trading hub space. On the contrary, Singapore, Dubai and Hong Kong can be complementary
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    • 659 2 Most firms in S&P’s 500 Index so far missed forecasts Reuters [BOSTON] A flagging world economy took a toll on much of Corporate America in the third quarter, leading the likes of eBay Inc, American Express, IBM and Textron Inc to miss Wall Street’s
      Reuters; PHOTO: AFP  -  659 words
    • 453 2 Headwinds loom for retail industry THE retail industry is battling rising costs, a slowing economy and stiffening competition for a share of the consumer dollar. The strong Singapore dollar, too, could drive away tourists and lead to lower tourism receipts, while giving locals an incentive to shop overseas.
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    • 451 4  -  By ARTHUR LEE [SINGAPORE] Six photographs shot by City Developments boss Kwek Leng Joo have been sold, raising $160,000 for charity. These framed photos were bought by Axis Architects, DBS, OCBC, GK Goh and Winnie Tsao. They make up a third
      PHOTO: ARTHUR LEE  -  451 words
    • 629 4  -  But Sarika may not have to pay damages, going by court's judgment By GRACE LEONG [SINGAPORE] The company that runs gourmet cafe chain tcc The Connoisseur Concerto has lost its appeal against a court ruling that it had violated the Nutella
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    • 279 4 AP [BANGKOK] Thailand’s government sports authority says that it has struck an in-principle deal to host a Formula One race in Bangkok in 2014, with negotiations ongoing about the hosting fee, according to a report in The Nation newspaper. Kanokphand Chulakasem, governor
      AP; PHOTO: REUTERS  -  279 words
  • Page 2 Advertisements
    • 1042 2 ATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices YONG XIN INTERNATIONAL HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Registration No. *****5483H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Yong Xin International Holdings Ltd. (the “Company”) will be held at Level 11,
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    • 414 2 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KENTISH GREEN PTE LTD (CO REG NO.*****0096C) (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Member of KENTISH GREEN PTE LTD deemed to have been duly convened and held pursuant to Section 179(6) of
      414 words

  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 1122 4 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Third Quarter And Nine Months 2012 Financial Statement 1. UNAUDITED RESULTS FOR THIRD QUARTER AND NINE MONTHS ENDED 30 SEPTEMBER 2012 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the
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  • Page 5 Advertisements
    • 206 5 UNDISPUTED. THE BMWX5 M An SAV built with motorsport-inspired technology stands apart. After all, no other Sports Activity Vehicle has an M Twin Power Turbo V8 engine that puts out 555hp, or handles with unsurpassed agility. Its 6-speed M Sport automatic transmission and Dynamic Performance Control translate an unrivalled driving
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  • COMPANY NEWS
    • 566 6  -  By KENNETH LIM SINGAPORE Exchange (SGX) has shown its resilience relative to that of its peers, SGX chief executive Magnus Bocker has said. He was commenting on SGX’s results in the three months ended September, which indicated that sluggish volumes had
      CEO.FILE PHOTO  -  566 words
    • 594 6  -  Nine-month profit jumps 47% to $1.6b, with property gains up nearly four times By LYNN KAN THIRD-QUARTER net profit at conglomerate Keppel Corporation fell 15 per cent to $346 million from $406 million as its core offshore and marine business executed lower
      594 words
    • 458 6  -  By NISHA RAMCHANDANI HOTEL operator Far East Hospitality is looking to double its portfolio between now and 2017, as it aims to expand its footprint across South-east Asia as well as Australia. “We, in order to grow, must venture beyond
      458 words
    • 630 9  -  Trust to trade on 2 counters a primary one in yuan and a secondary one in S$ By ONG CHOR HAO DYNASTY Real Estate Investment Trust (Dynasty Reit) will raise up to $1 billion when it lists on the mainboard of
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    • 626 9 Its objective is to beat global inflation over a 20-year investment horizon Bloomberg [SINGAPORE] Government of Singapore Investment Corp (GIC) and South-east Asia’s biggest sovereign wealth funds plan to maintain a long-term investment strategy even as the global debt crisis drives volatility higher.
      Bloomberg  -  626 words
    • 349 11  -  Indonesia coal miner raises US$63.7m for new equipment, business expansion By JASMINE NG CITING strong demand from institutional and retail investors, Indonesian coal-mining firm Geo Energy Resources said yesterday that its initial public offering (IPO) of 289.26 million shares at 32.5 cents each was
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    • 593 11  -  By VEN SREENIVASAN SECOND Chance Properties recorded a net profit of $30.47 million for the 14 months to end-Au-gust 2012 (FY2012) and proposed dividends translating to an annual yield of about 8 per cent. The 14-month period for FY2012 was because
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    • 340 11  -  By TEO SI JIA BACKED by higher turnover from both its telecom and infocomm business segments, Nera Telecommunications’ third-quarter net profit more than doubled to $5.69 million, from $2.66 million a year ago. This in turn lifted net profit for the nine months ended
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    • 457 13  -  Gross revenue rises 13.4%, boosted by acquisition of properties By ANDREA SOH MAPLETREE Logistics Trust (MLT) posted a healthy growth for its second quarter ended Sept 30, with total distributable income rising 12.8 per cent over the same period last year to $46.1 million. Excluding
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    • 340 13 Bloomberg [SINGAPORE] Investors should focus on Asia’s local-currency debt as China’s slowdown may push neighbouring countries to cut rates, according to Pacific Investment Management Co (Pimco), the manager of the world’s biggest bond fund. Local-currency bond sales in Asia jumped 25 per
      Bloomberg  -  340 words
    • COMPANY BRIEFS
      • 70 13 TRIYARDS Holdings Limited, the engineering and fabrication arm of Ezra Holdings, ended its trading debut on the Singapore Exchange (SGX) yesterday at 92 cents. Its opening price was 80 cents. Triyards was introduced on the SGX mainboard through a dividend-in-specie distribution to existing
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      • 94 13 MALAYSIA-LISTED CapitaMalls Malaysia Trust (CMMT) has proposed a distribution per unit (DPU) of 2.13 sen for the third quarter ended Sept 30, 2012, up 7.6 per cent from a year ago. The Q3 DPU works out to an annualised figure of 8.47 sen, which reflects
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      • 88 13 THE arbitration tribunal has ruled in favour of Hyflux in the legal scuffle with Ashcraft Holdings over the establishment of Hyflux Filtech (Singapore) (HFS). Hyflux will be granted all of the reliefs it sought, with Ashcraft liable to foot all of its arbitration expenses and
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      • 65 13 FOOD Junction Holdings has sounded a profit warning for its third quarter ended Sept 30 and fiscal year ending Dec 30. It cited higher pre-operating costs for losses in the restaurant operations. The group is reviewing its investments in indirect wholly-owned Maibo
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      • 58 13 CATALIST-LISTED Loyz Energy said it is looking to raise net proceeds of around $16 million from two share placements. It plans to place 20.2 million new ordinary shares with institutional and other investors, and an additional 19 million new ordinary shares with a group
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      • 63 13 JASPER Investments’ executive director Geoffrey Yeoh yesterday resigned from his position. Its board has set up an executive committee of three current directors John Sunderland, David Chia and Phillip Jeffrey Saile to review, manage and administer the group’s businesses and investments until a new executive
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      • 28 13 INTERRA Resources has received in-principle approval from the Singapore Exchange to transfer its listing from the Catalist board to the mainboard.
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  • Page 6 Advertisements
    • 132 6 Join more than 60,000 users to find your ideal job on the go. DOWNLOAD NOW. *Source: iTunes Connect, Oct 2012 Login Register Search Keyword: Marketing Manager Job Function: (All selected) All Job Functions Find My Job: Vr. Jf™? I Managerial I Hot Jobs Part-Time fa 9 X o Browse Job
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  • Page 7 Advertisements
    • 505 7 Luxe Dining Selections with HSBC Cards v wm v i: P? Cherry Delight in an array of tantalising set menus In conjunction with the launch of "epicure's Luxe Dining Selections by HSBC Cards", an inaugural dining guide by epicure Magazine, HSBC Cards presents exclusive set menus from some of the
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  • SINGAPORE MARKETS
    • 575 8  -  After three days of tepid trading, Singapore market rises in tandem with Asian gains STOCKS TEH SHI NING Correspondent FRESH data showing a ta-pering-off in China’s slowdown and an unexpectedly strong US housing report sent Asian stocks rising yesterday, spurring positive action on the
      Source: Bloomberg  -  575 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 9 6 0 0 0 2 9 6 Manufacturing 49 40 47 3 7 6 52 47 53 Commerce 21 14 24 2 6 3 23 20 27 Tpt/Stor/Comms 22 11 8
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 7,789 7,789 38,476 38,476 Manufacturing 228,264 21,515 249,779 202,998 300 203,298 Commerce 177,771 25,658 203,429 150,443 9,696 160,139 Tpt/Stor/Comms 128,684 11,570 140,254 181,508 3,696 185,205 Finance 18,169 381 18,550 129,107 166 129,272 Construction 31,105 136,482
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    • 111 8 Stock name Close Change CapMallsAsia 1.765 +0.010 CapitaLand 3.300 +0.060 CapitaMall 2.110 CityDev 11.850 +0.070 ComfortDelGro 1.635 -0.015 DBS Grp 14.220 +0.100 F&N 8.930 +0.050 GLP 2.510 -0.030 Genting SP 1.325 +0.005 Golden Agri 0.635 HK Land 6.020 -0.010 IHH Healthcare 1.270 +0.005 JMH 58.920 +0.800
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    • 66 8 Oct 18 VALUE CLOSE BT OB/OS -149.00 -32.00 BT CADI -*****.00 +38.00 BT 10-day MA -*****.00 -15.00 FTSE ST Mid Cap 759.59 +4.74 FTSE ST Small Cap 497.37 +0.20 FTSE ST All Share 751.67 +3.63 FTSE ST China Top 204.34 +1.32 FTSE ST China 222.03 +0.89 FTSE
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    • 59 8 VOLUME YHM 131,830,000 Golden Agri 68,734,000 MDR W*****5 58,807,000 Noble Grp 43,825,000 Yoma 43,138,000 Digiland 43,000,000 HPH Trust US$ 38,837,000 Transcu Grp 36,577,000 Triyards 31,285,000 Thai Beverage 26,134,000 VALUE($) F&N 64,552,360 Noble Grp 59,360,610 SingTel 58,141,028 CapitaLand 57,551,180 UOB 57,272,860 Golden Agri 43,714,965 HPH Trust US$ 39,741,926
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    • 921 8  -  Compiled by KENNETH LIM Ascendas Real Estate Investment Trust Oct 18 close: $2.50 DBS VICKERS SECURITIES, Oct 18 ASCENDAS Reit (A-Reit) reported 18 per cent and 14 per cent y-o-y growth in topline and net property income to $143.3 million and $102.9 million respectively. The strong performance was
      Source: Bloomberg  -  921 words
    • 522 8 CURRENCIES Bloomberg [BANGKOK] Asian currencies halted a five-day advance as some investors judged recent gains as excessive and after data showed economic growth slowed for a seventh quarter in China, the region’s biggest export market. The Bloomberg-JPMorgan Asia D o ll a r I n
      Bloomberg; PHOTO: BLOOMBERG  -  522 words
    • 112 8 BY CENTS CLOSE UP Jardine C&C 5200 180.0 3.6 JMH 5892 97.4 1.4 SPDRS S&P 500 10US$ ***** 97.4 0.6 STXPO 100 469 69.0 17.3 DBXT MSAsExJp 10US$ 3183 36.5 1.0 DBXT MSJAP 10US$ 3541 31.7 0.7 GLD 10US$ ***** 26.8 0.1 Lyxor China H 10US$ 1388 25.6 1.5
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    • 125 8 BY CENTS CLOSE DOWN DBXT iBoxxUSTr 5US$ ***** -71.8 -0.3 DBXT Nifty 10US$ ***** -43.8 -0.3 YHS 467 -28.0 -5.7 UOB 5.05%NCPS 100 ***** -22.0 -0.2 UOB.ES.1210 1879 -18.0 -0.9 ES Group 20 -16.0 -44.4 Great Eastern 1647 -16.0 -1.0 DBXT S&P Short 10US$ 3456 -15.8 -0.4 Lyxor MS
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    • 5 8 DAILY
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 1780 10 Shanghai International Capital Plaza INITIAL PUBLIC OFFERING SUBSCRIBE NOW! IPO closes on 24 October 2012 Dalian Tianxing Roosevelt Center Nanjing International Finance Center Singapore’s First RMBdenominated REIT with dual currency listing Offering of 893,162,000 Units to 900,832,000 Units Public Offer Units: No less than 53,888,000 Units Offering Price Range: RMB4.40
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  • Page 11 Advertisements
    • 42 11 kiss A A you X .■ip rAV' ldSS92 All the great songs FM in one place y<mr uIak) escape you Tune in to Kiss 92 now to win kiss92.sg I facebook.com/kiss92fm @kiss92fm Partner: 33 It’s more Fun in the Philppines mr] ELi
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    • 45 11 DOUBLE STRENGTH Fish Oil Pure Potent Proven Promotion Now On 6281 5688 or 6757 4403 www.gnc.com.sg > 5 U 77 Stylish, Unique but Different. Leonard Femstem, New York I v. f r it I P a ■> as? SINGAPORE 6 SCOnS ROAD SCOTTS SQUARE #01-09(SG)*****9 PH:+65 *****354
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  • Page 12 Advertisements
    • 594 12 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES. (a business trust constituted on 29 July 2011 and registered on 25 September 2012 under the laws of the Republic of Singapore) managed by Religare Health Trust Trustee Manager Pte. Ltd. TRADING COMMENCES TODAY AT
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  • Page 13 Advertisements
    • 1453 13 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES. RELIGARE Values that bind (a business trust constituted on 29 July 2011 and registered on 25 September 2012 under the laws of the Republic of Singapore) managed by Religare Health Trust Trustee Manager Pte. Ltd.
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  • SINGAPORE NEWS
    • 405 14  -  Entry-level pay and skill-based wage ladders drawn up By ZEINAB YUSUF SAIWALLA CLEANERS who keep offices, F&B outlets and housing estates spick and span may soon see a progressive increase in wages. Labour movement NTUC, along with the Tripartite
      Source: National Trades Union Congress  -  405 words
    • 279 14 READERS of bilingual freesheet My Paper, a publication of Singapore Press Holdings (SPH), will see a new look come Nov 1. Aesthetically, the newspaper has opted for a bolder colour palette to draw readers. The makeover spills over into its contents
      279 words
    • 553 14  -  Average transacted prices for new strata industrial units fell marginally in Q3 after rising in Q2 By MINDY TAN PRICES of industrial properties are likely to moderate in the coming quarters as manufacturing activity loses steam. Knight Frank research head Png Poh Soon
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    • 408 14  -  By JASMINE NG BUSINESS managers of small and medium enterprises (SMEs) here are seeing improvements in the business climate they operate in compared to two years ago. According to a Singapore Institute of Management (SIM) survey, the managers are also more optimistic about
      408 words
    • 713 14  -  Green standards, new regulations changing landscape By ZEINAB YUSUF SAIWALLA THE construction industry, which has played a key role in Singapore’s transformation from an obscure fishing village to one of the world’s most developed cities, needs to urgently adapt or risk being left
      FILE PHOTO  -  713 words
  • Page 14 Advertisements
    • 550 14 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TRANSAGRO SHIPPING PTE. LTD. Company Registration No. *****7628Z (In Members’ Voluntary Winding up) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of the Company held on 01 October 2012 the following resolutions were
      550 words
    • 473 14 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of HAROLD PTE LTD Company Reg. No. *****3651R Notice of Creditors’ Meeting Pursuant To Section 296 Of The Companies Act, Cap. 50 NOTICE is hereby given that pursuant to Section 296 of the Companies Act, Cap. 50,
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  • MALAYSIA
    • 412 15 3 banks, 3 telcos lead ranking based on brand strength, financial showing [KUALA LUMPUR] Three banks and three telcos have topped Interbrand’s study of Malaysia’s Most Valuable Brands with Maybank emerging the champion, according to Malaysia’s Business Times yesterday. The Association of Accredited Advertising
      412 words
    • 426 15  -  By S JAYASANKARAN in Kuala Lumpur A SENIOR banker in Islamic finance said Malaysia’s RM459 billion (S$184 billion) syariah banking sector is ripe for consolidation as banks come to grips with rising operational costs, Reuters reported yesterday. Redza Shah Abdul Wahid, chief executive of
      426 words
    • 519 15  -  Firm buys 2 plots of land for integrated development By PAULINE NG in Kuala Lumpur MALAYSIAN builder Mah Sing Group has plans for an “iconic integrated development” on two contiguous parcels of land in Medini in Johor. The company yesterday entered into a lease-pur-chase agreement
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  • Page 15 Advertisements
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  • GREATER CHINA
    • 472 16 US$2 billion deal may be announced as early as today, say sources Reuters [HONG KONG] Businessman Richard Li, son of Asia’s richest man, Li Ka-shing, is nearing a deal to buy ING’s Hong Kong and Thailand business for over US$2 billion,
      Reuters; PHOTO: BLOOMBERG  -  472 words
    • 463 16 US authorities behaving like thugs, alleges Chinese firm AP [BEIJING] The Chinese company suing President Barack Obama for blocking its planned wind farm projects in Oregon accused the US leader and his government yesterday of discrimination and warned that the case
      AP  -  463 words
  • Page 16 Advertisements
    • 1036 16 BEATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HG METAL MANUFACTURING LIMITED (Incorporated in Singapore under the Companies Act, Chapter 50) .!aB][!5!# 8c,%!= 18* L)<)9 \Y58_C -B9a)785! ‘&?dA‘ GZ8:7)9Q .!aB][5)[B89 18*= &?AA($‘‘‘XF NOTICE OF EXPIRY OF WARRANTS Registered office: No. 15 Jurong Port Road, Singapore *****9 (Company Registration No.: *****2660D)
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    • 720 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MATRIXONE ASIA PTE LTD (Registration No. *****9720M) (Incorporated in the Republic of Singapore) Statutory Declaration by Directors of Company’s Inability to Continue Business by Reason of its Liabilities We, Ludovic Damien Monchal (Passport No. 05VR*****) of
      720 words
    • 482 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHEPPARD MOSCOW ASIA PACIFIC PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****0940G) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Sheppard Moscow Asia Pacific Pte. Ltd. duly convened and held on the 10th
      482 words
    • 651 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HAN JIANG PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****2162H) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of the abovenamed company duly convened and held at 8
      651 words
    • 664 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ICH HANRUI PTE. LTD. Company Registration No. *****5716K (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Members of ICH HANRUI PTE. LTD., duly convened and held on Tuesday, 16 October 2012 the following was
      664 words
    • 587 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PARKVILLAS PTE LTD (CO REG NO.*****1284H) (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Member of PARKVILLAS PTE LTD deemed to have been duly convened and held pursuant to Section 179(6) of the Companies
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  • ECONOMY WATCH
    • 556 17 Debt, demographic changes rule out return to old rates of growth, says exec Bloomberg [WELLINGTON] The US’ sovereign credit rating will be cut as “fiscal theatre” plays out in the world’s biggest economy, according to Pacific Investment Management Co, which runs the
      Bloomberg  -  556 words
    • 648 17 Climate change is already killing millions every year AFP [NEW YORK] Climate change caused by global warming is freezing the world economy and already leading to the deaths of millions every year, a report commissioned by 20 of the world’s most vulnerable countries said
      AFP  -  648 words
  • Page 17 Advertisements
    • 96 17 Artist’s impression X S m u V v (f|sS w L h Ki m m m y A X >i£r FOR MORE SPACE, THINK OUT OF THE BOX. Log on to stproperty.sg fora stockpile of choice industrial properties. Whether you are a new start-up or an existing business, there is
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  • WORLD
    • 621 18 Findings reveal risk of exposure to hacking if Huawei equipment is used Reuters [SAN FRANCISCO] A White House-ordered review of security risks posed by suppliers to US telecommunications companies found no clear evidence that Huawei Technologies Ltd had spied for China,
      Reuters  -  621 words
    • 696 18 Nike joins exodus but continues with Livestrong charity Bloomberg [NEW YORK] Lance Armstrong’s loss of support from Nike Inc and other sponsors after the cyclist was tied to performance-en-hancing drug use will cost him about US$30 million in earning potential, according to a sports
      Bloomberg; AP FILE PHOTO  -  696 words
    • 637 20 No decisions likely to emerge from Brussels summit, officials say Bloomberg [BRUSSELS] The Frenchbacked effort to fast-track a European bank supervisor is running into German-led concern over potential costs as the region’s leaders tussle over putting their crisis-fighting blueprint into action.
      Bloomberg  -  637 words
    • 377 20 NYT [LOS ANGELES] A judge handed Warner Bros a major victory late on Wednesday in its quest to defend its Superman franchise, ruling that heirs of the comic book hero’s co-creators have no right to seize control of half of the lucrative
      NYT; PHOTO: AP  -  377 words
    • 883 20 NYT [ROME] A payment of US$260,000 to the Calabrian Mafia for 4,000 votes. Procuring prostitutes for the prime minister. The theft in just one region of more than US$1.3 million from public coffers. Lavish holidays and fancy dinners, all on the public dime. Twenty
      NYT  -  883 words
    • 881 21 Loan losses set to climb as economic outlook worsens, say analysts Bloomberg [MADRID] Spain’s banks face more loan losses as the pace of an economic slump risks turning a worst-case scenario dismissed in stress tests into reality. Bad loans as a proportion
      Bloomberg; PHOTO: BLOOMBERG  -  881 words
    • 439 21 Reuters [ATHENS] Greek police clashed with anti-austerity protesters hurling stones and petrol bombs on the day of a general strike that brought much of the near-bankrupt country to a standstill. In the second major walkout in three weeks yesterday, almost 40,000 protesters marched in
      Reuters  -  439 words
    • 351 21 Bid values Russian oil producer at over US$50b: sources Reuters [MOSCOW] State oil firm Rosneft tightened its grip on the Russian oil industry yesterday, lodging a cash and shares bid for British oil company BP’s 50 per cent stake in the country’s
      Reuters  -  351 words
    • 222 21 Reuters [NEW YORK] Morgan Stanley yesterday reported better-than-expected adjusted earnings for the third quarter as it boosted revenue from trading bonds, long a sore spot for the investment bank. Income from continuing operations totalled US$561 million, or 28 cents per share, compared
      Reuters  -  222 words
  • Page 18 Advertisements
    • 1538 18 Z-Obee Holdings Limited 融達 (incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 948) (Singapore Stock Code: D5N) website: http://www.z-obee.com NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Special General Meeting (“SGM”) of Z-Obee Holdings Limited (the “Company”) will be held at 33/F., 9 Queen’s
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    • 266 18 ssJ wafs notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TENDER NOTICE Land Bank of Taiwan, Singapore Branch Land Bank of Taiwan, Singapore Branch invites tenders to provide risk screening solution covering high-risk individuals and entities particularly in Politically Exposed Person. Eligibility: Company must be able to provide comprehensive global database
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    • 170 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AMBICHEON DISTRIBUTION CENTER 1 PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****0401R) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or
      170 words
    • 188 18 IN THE MAHER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MAHER OF YUSHIN PRECISION EQUIPMENT (SINGAPORE! PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No.: *****3274M) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting
      188 words
    • 168 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AMB INCHEON PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****3188K) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or claims have
      168 words

  • Page 19 Advertisements
    • 1959 19 WHAT'S COOKING, ASIA? Asian Masters returns for its third edition bolder, better and a whole lot tastier If its earlier success is anything to go by, Asian Masters 2012 (the popular monthlong gastronomic affair) wifi be the lifestyle event you won't want to miss. For the entire month of November,
      1,959 words

  • Page 20 Advertisements
    • 8 20 >*• WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices }!=~.@]+'<?]<*]$!$]"{+;?$'$;;\\
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    • 384 20 IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF CLINICAL AND PHARMACY SYSTEMS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****3275R NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO
      384 words
    • 323 20 In the Matter of THE COMPANIES ACT (CHAPTER 50) And In The Matter of EXCEL ADVANCED TECHNOLOGY PTE LTD (IN CREDITORS’ VOLUNTARY LIQUIDATION) (Co. Reg. No.*****5039E) Notice is hereby given that a meeting of the creditors in the above matter will be held at 19 Keppel Road, #03-10 Jit Poh
      323 words
    • 394 20 In the matter of the Companies Act, Cap 50 And In the Matter of Chooeng Investment Co. Pte Ltd (In Members’ Voluntary Liquidation) (Registration No.: *****2433Z) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      394 words
    • 181 20 In the matter of The Companies Act (Cap. 50) and In the matter of Sin Soon Lee Industrial Park Pte Ltd (In Liquidation) Reg. No. *****6647W Notice of Resolutions Minutes of the Extraordinary General Meeting passed pursuant to Section 184A of the Companies Act, Cap 50 on 2 October 2012.
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  • Page 21 Advertisements
    • 162 21 PanPacificOrchard,Singapore(LobbyLevel),10ClaymoreRoadSingapore*****0 Tel:+********** Tollfree:**********2 Emailorchard@panpacific.com panpacific.com/orchard BT Wine, Dine 0 pjo Hospitality Pages Published on Mon, Wed and Fri J H'ln 1 For advertisement bookings and sales enquiries, please contact: Amy Choo 9690 3432 Lawrence Chang 9229 4919 Francis Yeo 9620 1356 Adeline Goh 9681 8289 Alisa Tan 9154 8381 Ellen
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  • Page 22 / 23 Advertisements
    • 154 22 / 23 8 cylinders for maximum performance. 4 cylinders for minimum consumption. The new Audi S6 with cylinder on demand. Passion re-engineered. Passion meets innovation in the new Audi S6 with cylinder on demand technology, giving you power to decide between 8 or 4 of the V8 TFSI® engine’s cylinders. 7-speed S
      154 words

  • EDITORIAL & OPINION
    • 470 24 EDITORIAL IT was reported recently that Nobel laureate Mo Yan wanted to buy “a big house” with his US$1.2 million prize money. But the writer was soon jolted back to reality when a friend reminded him that his cash bonanza could buy only
      470 words
    • 806 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group JUST in case you didn’t hear it, that was the sound of the BRIC bubble popping. The acronym stands for Brazil-Rus-sia-India-China. Coined by economist Jim O’Neill of Goldman Sachs,
      The Washington Post Writers Group  -  806 words
    • 1097 24  -  Much wastage can be avoided if countries just take an integrated approach By ASIT K BISWAS LEONG CHING The writers are, respectively, distinguished visiting professor and doctoral candidate at the Lee Kuan Yew School of Public Policy HOW are the career
      PHOTO: AP  -  1,097 words
    • 1151 25  -  Recent bold new initiatives spur investments which promise a significant rise in employment and domestic demand By MAHESH VYAS The writer is managing director and CEO of the Centre for Monitoring Indian Economy (CMIE), an economic research organisation. email: sanand@cmie.com THE focus is back
      PHOTO: REUTERS  -  1,151 words
    • 979 25  -  By CLIVE CROOK The writer is a Bloomberg View columnist. The opinions expressed are his own Bloomberg I KEEP reading that politics right now is all about the economy in the US, in Europe, in China, in India, wherever. The US presidential election
      Bloomberg  -  979 words


  • PROPERTY
    • 1201 26  -  Timber is enjoying a comeback and not just among eco-conscious architects, reports LISA-ANN LEE reportsLISA-ANN reportsLISA-ANN LEE ALTHOUGH it is one of the world’s oldest building materials, wood has not always been the favoured choice for construction purposes because of perceptions that it is a
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  • Page 26 Advertisements
    • 553 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE COVE DRIVE Cove Dr. Sentosa. *****/ 8035 sqft. Colonial style design. Can park up to 10 cars. 4 bdrms ensuite. Facing golf course. $33M neg D04 HOUSE FOR SALE SANDY ISLAND Sentosa Sandy Island. Best facing with privacy,
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    • 122 26 D15 HOUSE FOR SALE ARTHUR ROAD Prime Bungalow 4500/ 7300 sqft 6+1+ pool. 6 mths old. 4 levels. Also rent $24K. Owner 9863 5635 9727 2996 D15 HOUSE FOR SALE BUNGALOW Amazing Arthur Bungalow 6500 sqft, 5+1, pool, huge garden, patio, parks 4 cars. Rarely avail. RealStar 6100 8000 D15
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  • Page 27 Advertisements
    • 267 27 D19 HOUSE FOR SALE JALAN RINDU Urgent sale! 3-sty corner terr Jln Rindu, 4+1. Land 3283/ 2500 sqft. Koi pond. Parquet flr. Near MRT. Ms Lim 9068 6776 D19 HOUSE FOR SALE RICHARDS AVENUE 7430 sqft land. Semi-Detached Richards Avenue. 5 rooms ensuite. 14 metres frontage. Wellmaintained. Cheong, ERA 9837
      267 words
    • 221 27 D28 HOUSE FOR SALE SELETAR ROAD Open house Saturday 1 3pm. Bungalow-sized modern Semi-detached. 2-storey basement Seletar. 8 rooms. Mordy Teo 9238-1955 C21 D01 APARTMENT FOR SALE MARINA BAY SUITES Ultra Luxurious Penthouse Marina Bay Suites. Magnificent Bay Sea View. 5+ family+ pool. Sherry Tan 9735 3597 by appointment D03
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    • 223 27 D10 APARTMENT FOR SALE DRAYCOTT EIGHT Prime spot in Orchard. Prestige 4-bdrm, 2900 sqft Views to Colonial Clubhse greenery. Excellent rental investment property. Michael Tan *****010 D10 APARTMENT FOR SALE FERRELL RESIDENCES Ferrell Res 3+1, 1841 sqft, single loading. Pte lift. Near ACS/ SCGS/ Newton MRT. D Choong 9487 9600
      223 words
    • 227 27 D11 21 APARTMENT FOR SALE MIRO New List! Miro Loft, 2-rooms, 1184 sqft. Face East. With sky terrace. Nice view. Good rental yield. Call Owner 9755 0460 D11 21 APARTMENT FOR SALE NEWTON IMPERIAL D.11. Minutes to MRT. Newton Imperial. Freehold. 19-storey, private lift. 3 bedrooms. 1938 sqft. Chew Cai
      227 words
    • 213 27 D16 APARTMENT FOR SALE BAYSHORE PARK Bayshore Park. 3 rms 1173 sqft. Partial sea view. Airy. 4 rooms 2325 sqft. Sea/ city view. Designer decor. Rare D16 APARTMENT FOR SALE EASTWOOD REGENCY F’hold Studio. High flr. A1 facing. Peaceful quiet. Facilities. Good rental yield! $6xxK! D17 APARTMENT FOR SALE CARISSA
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  • Page 28 Advertisements
    • 557 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D20 APARTMENT SALE ICONIC SKY HABITAT Iconic sky habitat Bishan. Lifestyle living. From $14xx psf. Great discount. Call for appointment! D23 APARTMENT FOR SALE ECO SANCTUARY ECO Sanctuary New Launch! 1-4 bedrooms. 3.4m ceiling. Premium finishes. Nice view. Attractive D23 APARTMENT FOR
      557 words
    • 150 28 D11 21 APARTMENT FOR RENT NOVENA LODGE All 3-room. Novena Lodge Brand new Floridian 1647 sqft Chancery Park Buckley Residences. D12 APARTMENT FOR RENT IRESIDENCES Expat’s Choice! 2 bdrm 1066 sqft. Balcony. High flr. Panoramic view. P/furn. Novena MRT/ Malls/ Amenities. Immed. Karen Tan 8282 2022 Htns D13 APARTMENT FOR
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  • Page 29 Advertisements
    • 229 29 D23 APARTMENT FOR RENT YEW TEE RESIDENCES Near Yew Tee MRT. 3-rooms. Immediate. Amenities. High floor. Partially furnished. Please call Doris 9754 5665 D01 OFFICE FOR SALE RAFFLES PLACE Grade A Office for Sale, *****sqft. Whole floor. Next to MRT. Rental yield 4.5%. Don’t miss! Call now 9101 6433 LamHH
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    • 357 29 D15 OFFICE SPACE FOR SALE PARKWAY PARADE Approx 1593 sqft. Full sea view. Renovated. Near amenities. Tenanted till 2015. Don’t miss! Call now! D19 SHOP FOR SALE THE PROMENADE The Promenade Pelikat. F’hold. Ground floor. 269 sqft. Kovan MRT/ amenities/ mall. Trevor Soon 9760 0822 Huttons D20 FACTORY FOR SALE
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    • 224 29 D03 OFFICE FOR RENT CHIN SWEE ROAD San Centre Chin Swee Road. 1410 sqft. Fully fitted. Centralized aircon. Mins to MRT, eateries. Immediate. $4.30 per sqft. D07 OFFICE FOR RENT FU LU SHOU COMPLEX Fu Lu Shou shop space. Approximate 1,000 sqft. $5,500. Takeover. Near Bugis MRT. 9191 9113 D14
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    • 319 29 D27 FACTORY FOR RENT NORTHPOINT BIZ HUB For rental/sale. Innovation Place (B2 Fhold) for sale. Brand new Load/unload door step. Convenient. Rates negotiable. Ang 9070 2411 FOREIGN PROPERTY FOR SALE ALESSI IN AUSTRALIA ALESSI MELBOURNE Freehold. Mins to CBD and Melbourne University. 10% Deposit till TOP 3% Interest on Deposit,
      319 words
    • 328 29 FOREIGN PROPERTY FOR SALE BUKIT INDAH ISKANDAR IN MALAYSIA Near Bt Indah Iskandar. 3sty Shop/ Office. F’hold High Density. Biz Area. New 9 yrs Bank Tenancy 5% yield +15%. RM$6.5M. *****240 Dennis Tham FOREIGN PROPERTY FOR SALE MELBOURNE IN AUSTRALIA New launch in Melbourne. Walking distance to Queen Victoria Mkt
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  • SHIPPING/AVIATION
    • 397 30  -  MPA unveils Port of Singapore’s plan to get ready by the scheduled date By LYNN KAN SINGAPORE will introduce LNG bunkering by late 2014 or early 2015, Maritime and Port Authority of Singapore’s (MPA) assistant chief executive officer (operations), M Segar, told
      397 words
    • 333 30  -  By VEN SREENIVASAN REPUBLIC Polytechnic (RP) has opened its own pur-pose-built training hangar for students of its aerospace training programme. Named the Arch, short for Aerospace Hub, the 1,500 sq m facility mimics an actual aircraft hangar, to give the polytechnic’s aerospace and aviation
      333 words
    • 861 30 Swaps for Nov at 50 US cents a tonne less than for Dec Bloomberg [SINGAPORE] For the first time in 21 months, fuel oil markets are indicating that it’s cheaper to buy supplies sooner rather than later as China’s imports slump
      Bloomberg; FILE PHOTO  -  861 words
    • 548 30 American hiring crew at lower pay AP AFP [NEW YORK] Wanted: A few good recruits to serve coffee and help combat terrorism at 30,000 feet. American Airlines said on Wednesday that it will post job openings for 1,500 flight attendants next month. It will start hiring in December and put
      AP; AFP  -  548 words
    • 341 30 Bloomberg [LONDON] London’s Gatwick airport, the busiest in the world with a single runway, said it’s exploring the possibility of adding a second landing strip to boost capacity and win traffic from the capital’s larger Heathrow hub. A report on options for a
      Bloomberg  -  341 words
    • 250 30 SGX '000 Oct 18 S$ +/-Vol CH Offshore 0.53 unch 503 Chuan Hup Hldg 0.31 0.04 5147 Cosco Corp 0.92 unch 2545 s$ First Ship Lea 0.13 unch 215 Freight Links 0.07 unch 570 Grand Banks unch unch 0 Jaya Hold Ltd 0.58 -0.01 189 K1Ventures 0.13 unch
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    • 3514 31 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
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  • Page 30 Advertisements
    • 30 30 LEAP OF FAITH Indranee Rajah joins the Cabinet on Nov 1 ALIA BHATT NOT TO RIDE ON DAD’S NAME GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
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  • Page 32 Advertisements
    • 187 32 TO ADVERTISE IN .The Business Times I ML UUJIIYLJJ IIIVILJ Shipping times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Announce Your Corporate Development Come publicise your Project Completion, Ship
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  • SINGAPORE STOCKS
    • 3086 33 Transaction date: Oct 18 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 148.5 92.5 AIMSAMPIReit 148.5 +0.5 295 148.5 147
      3,086 words
    • 176 34 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 Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C’vr P/E Smil 12.1
      176 words
    • 8452 34 UNIT TRUST 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 EM Local Ccy Bond 0.9619/ European Opportunities'** 1 0531/
      8,452 words
    • 189 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 41.5 26 Genting HK US$ US32 unch 1392 32.5 32 32 32.5 2107 Last 228 169 TanChongInt HK215 215 220 4.3 3.3 7.2 4329.9 STOCK PRICES
      189 words
    • 947 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 114.4 ABF SG Bond ETF 120 13 120 120 118.5 120.5 547.8 128.5 120.4 CIMB APAC Div 100S$D 128.5 127.1 128 104.6 95.8 CIMB APAC
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  • FINANCE & COMMODITIES
    • 638 35 Oct 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8886.56 8992.36 8877.17 Dec12 8820.00 9000.00 8805.00 8985.00 *****6 *****6 Mar13 8880.00 8965.00 8880.00 8975.00 6 1753 MSCI TAIWAN INDEX FUTURES SPOT 266.21 267.38 265.60 Oct12 264.90 267.50 264.60 266.10 ***** *****2 Nov12 264.30
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    • 373 35 In local curr In S$ In US$ dy yr dy yr dy yr Oct 17 Index Change Change Change Change Change Change World Preliminary 932.3 0.5 12.4 0.4 6.2 0.7 13.2 EAFE Preliminary 742.3 0.7 8.8 0.9 3.6 1.2 10.4 Europe Preliminary 1133.0 0.6 10.4
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    • 94 35 As on 17 October 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT DEC2012 1754.80 1744.90 1752.80 INDIA GOLD (E-GOLD) FUT DEC2012 586.10 583.05 585.40 CURRENCY EUR-USD FUT DEC2012 1.3144 1.3093 1.3130 BASE METAL COPPER FUT DEC2012 8275 8140 8261 INDEX IRON ORE (MBIO) IDX
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    • 107 35 Oct 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1509.25 1493.75 1511.25 1487.25 Jan 13 1508.25 1492.75 1510.00 1486.25 Mar 13 1484.25 1468.75 1485.75 1462.75 May 13 1445.25 1432.75 1447.25 1427.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 51.03
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    • 70 35 CRUDE OIL PRODUCTS Oct 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.26 -0.79 WTI (Near Mth) 91.94 -0.04 Dubai (1-Mth F) 110.62 -0.25 Tapis blend 118.63 -0.97 Minas 113.78 -0.97 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.28 0.28 Jet Kerosene 131.7 -0.86 US$/barrel OpecOil Basket
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    • 22 35 Oct 18 S$ Bid Offer 1-month 1.2174 1.2184 2-months 1.2173 1.2184 3-months 1.2173 1.2183 6-months 1.2168 1.2179 Source: OCBC
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    • 64 35 Oct 17 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1959.75 1929.75 3 months 1989.00 1957.00 Copper, Grade A(US$/tonne) Cash 8217.00 8122.00 3 months 8220.00 8125.00 Lead(US$/tonne) Cash 2152.00 2106.00 3 months 2159.00 2113.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • 80 35 Oct 17 COCOA (£/tonne) Close Prev High/Low Dec 12 1527 1550 1553/1519 Mar 13 1535 1557 1560/1528 May 13 1543 1566 1568/1536 Jul 13 1551 1573 1573/1547 COFFEE(US$/tonne) Close Prev High/Low Nov 12 2032 2039 2056/2026 Jan 13 2058 2065 2080/2054 Mar 13 2077 2082 2097/2073 May 13 2091
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    • 814 35 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 1 146 488 6.38 19 Conv Ratio Baker Technology Ltd W*****6 0.4 unch 693 1 32 81.25 1 Price Best World Intl Ltd W*****5 0.3 1 30
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    • 470 35 Oct 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.016 6.490 0.793 8.050 55.069 99.633 0.821 11.466 3.156 1.265 99.083 42.913 1.265 8.926 0.959 30.377 31.811 0.644 1.039 Canada 0.984 6.386
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    • 58 35 Oct 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates (S$) 1
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    • 135 35 Oct 18 GOLD(US$/oz) Oct 17 Oct 18 Hong Kong 1756.20 1755.30 Oct 16 Oct 17 London 1743.90 1748.09 1744.65 1749.31 Source: Thomson Reuters CAST BAR Oct 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 154 68 5gm 437 342 10gm 780 685
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    • 84 35 Oct 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 17-Jan-13 0.24 6-Month BS*****N 18-Apr-13 0.27 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*****0N 0.25 01-Oct-14 102.15 5-Year N*****0Z 2.375 01-Apr-17 108.76
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    • 57 35 Oct 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 12 2422.0 2393.0 2422.0 2388.0 559 6981 Dec 12 2478.0 2440.0 2478.0 2440.0 5322 ***** Jan 13 2508.0 2471.0 2508.0 2475.0 ***** ***** Feb 13 2528.0 2503.0
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    • 154 35 Oct 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2637 1.2660 1.0380 1.0391 Canadian dollar 1.2436 1.2456 1.0223 1.0216 Euro 1.5941 1.5956 1.3094 1.3096 NZ dollar 0.9991 1.0013 0.8207 0.8218 Sterling pound 1.9628 1.9647 1.6123 1.6125
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    • 121 35 As at 9am Oct 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.291 1.23 Can dollar 1.272 1.212 Euro 1.632 1.555 Sterling pound 1.998 1.922 NZ dollar 1.032 0.974 US dollar 1.24 1.181 Local dollars to 100 units of foreign
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    • 154 35 Oct 18 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.30 0.20 2 months 0.45 0.25 3 months 0.50 0.30 6 months 0.70 0.50 9 months 0.85 0.65 12
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  • CHILDREN FOR CHILDREN
    • 466 36  -  By TEO SI JIA PEALS of laughter and shrill screams of excitement split the air at the Universal Studios Singapore (USS) on Oct 4. They came from 1,255 children from low-income families who had been given the run of the theme park for the day as a
      Photos by JOSEPH NAIR, JOYCE FANG, and CHIJ (Kellock)  -  466 words

  • executive lifestyle
    • 1605 37  -  ANGlooks at how Asian art fared at London’s premier buffet of art and creativity EMILYN ANG IN autumn of 2003, Matthew Slotover and Amanda Sharp started the Frieze Art Fair, transforming London into one of the most influential places to buy and sell art. This al fresco
      1,605 words
    • CINEMA
      • 519 38  -  By DYLAN TAN ACTOR-writer-producer Derek Ting takes a gamble with $upercapitalist and while the slick indie financial thriller isn’t always on the money, it’s an impressive enough effort coming from a first-timer who’s not afraid to take the DIY approach. The American-born Chinese moved
        519 words
      • 514 38  -  It’s a bullet-riddled bromance with no promise of happy ending, saysGEOFFREY GEOFFREY EU END of Watch depicts the hyper-intense, disturbingly real and insanely dangerous world of two cops who patrol a crimeinfested neighbourhood of Los Angeles where insult, injury or much worse is
        514 words
    • ARTS
      • 836 39  -  Resorts World Sentosa sinks big bucks into its next show to be a hit entertainment destination, saysCHEAH CHEAH UI-HOON NEXT month, the curtains will rise on Resorts World Sentosa’s (RWS) second “casino show”. Whether the casino’s inhouse production at its Festive Grand Theatre will ever
        836 words
      • 553 39  -  By CHEAH UI-HOON CONTEMPORARY dance has evolved to its most powerful level when it comes from a personal space, states choreographer Darryl A Hoskins, founder and director of Toronto-based The Dietrich Group. “That’s the key of art for me,” he says. “I don’t want to see
        553 words
      • 1037 39  -  By HELMI YUSOF IN the musical National Broadway Company (NBC), singer Jacintha tells the audience that working with famous director Ong Keng Sen is fascinating and unpredictable: “Like singing jazz no take is the same.” Singapore’s theatre history has also been something like “jazz”. Broadly speaking, it
        1,037 words
    • BOOKS/PURSUITS
      • 529 40  -  By DOUGLASS K DANIEL Douglass K Daniel is the author of ‘Tough as Nails: The Life and Films of Richard Brooks’ (University of Wisconsin Press) PEPPERED with fun facts and cheeky asides, actor Roger Moore’s book looking back on the golden anniversary of
        PHOTO: AFP  -  529 words
      • 673 40  -  Nobel laureate Pamuk’s book is set during the Turkish coup, saysANDREA ANDREA BURZYNSKI Reuters THE seaside town where Turkish Nobel laureate Orhan Pamuk’s novel Silent House is set during the late 1970s has since been swallowed by the sprawl of Istanbul, but according to the author, the story’s
        Reuters; PHOTOS: REUTERS  -  673 words
      • 693 40  -  Floating On a Malayan Breeze Sudhir Thomas Vadaketh NUS Press; 282 pages; $34.24 Rating: B+ By CHEAH UI-HOON IT looks like a travel book, and its subtitle makes it sound like one, but far from recommending you the best sights of Malaysia or Singapore, Floating
        693 words
      • AroundTown
        • 176 40 An Evening With Kenny Rogers: With No. 1 hits like The Gambler, Lady, Lucille, She Believes In Me and Through The Years still being played on the radio decades after topping the charts, Kenny Rogers’ performance promises to be a trip down memory lane for many. The country and
          176 words
        • 94 40 Prospectus For A Future Body: One of Singapore’s best new artists, Choy Ka Fai presents new works starting today at the Future Perfect gallery at Gillman Barracks. The exhibition offers new perspectives on how the body remembers. Employing new media such as video, interactive installation and sound, Choy has
          94 words
        • 74 40 Nutcracker On Ice: Boasting a 26-strong cast of top skaters, the Imperial Ice Stars presents a theatrical ice skating production based on the two-act ballet scored by Tchaikovsky. Expect impressive displays of high-speed leaps and throws as the tale of a young girl and her Nutcracker Prince unfolds. The
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    • WINE
      • 1085 41  -  A recent tasting of old wines from 1938 to 1963 produced some unexpected results, says N K YONG N K YONG OLD soldiers never die, they just fade away. That adage could also apply to fine wines, but what do we mean by old
        1,085 words
    • ENTERTAINMENT
      • Article, Illustration
        618 42  -  Indie 2D action game has an immersive story, addictive gameplay and a score that sticks with you after you’ve put down the controller, says CHRISTOPHER LIM CHRISTOPHER LIM I T’S always encouraging when developers take moribund game genres and make such a compelling case for them that
        618 words
      • 576 42  -  By CHRISTOPHER LIM SOUNDTRACK albums are too often banal exercises in incidental music, but the right ones are windows into our favourite moments a face, a tranquil garden or even an elusive wisp of emotion. It is particularly challenging for video game soundtracks to stay interesting, because
        576 words

  • Page 38 Advertisements
    • 146 38 SUPERHEROES(S)WORK even superheroes need a holiday Take Part Now! DO YOU KNOW A ROLE MODEL AT WORK WHO IS WORTHY OF RECOGNITION FOR ALL HE HAS DONE? Snap a creative individual photo of your office superhero, upload it to www.stjobs.sg/contest and tell us why your colleague deserves to be rewarded
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  • Page 40 Miscellaneous
    • 318 40 CRYPTIC CROSSWORD Across 1 One’s likely to budget for inexpensive fish (10) 9 Hash settled for Middle Eastern ruler (4) 10 Neat electrical network that keeps farm animals in a field (6,4) 11 Architectural style about right? That’s sarcastic! (6) 12 Not birds, but they chirp and fly (7) 15
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  • Page 41 Advertisements
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  • Page 42 Advertisements
    • 271 42 sZT. ■W wft •< ■< < m ■An Mm Tm C ■M U mi 1 4S m ,V-v -f4*3 ■a JTv', *r k'a V r :Ar sV-atSs--M tj P* tv A >' s 5lv *K*. -i *1 ESPA st v' AT (rsJS Your passport to luxury awaits. Discover a new
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