The Business Times, 12 December 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-12-12
1
36
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-12-12 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 Wednesday, December 12, 201225 words
-
Article, Illustration723 2012-12-12 1 VEN SREENIVASAN - It offloads stake in Virgin Atlantic to Delta for US$360m to end sore saga By VEN SREENIVASAN [SINGAPORE] Singapore Airlines (SIA) offloaded an underperforming asset, booked a tidy gain and is moving towards refocusing on the high-growth markets in the Asia-PacificPHOTO: BLOOMBERG - 723 words
-
937 2012-12-12 1 NEIL BEHRMANN - British banks agree to pay fines totalling US$2.6b to settle money-laundering claims By NEIL BEHRMANN in London TWO of Britain’s biggest banks agreed to pay record fines totalling US$2.6 billion to settle money laundering allegations levelled at them by authorities in the United States.937 words
-
MARKETS DIGEST
-
Article65 2012-12-12 1 GST INDEX 3,118.33 (+3.99) GST INDEX FUTURES 3,113.00 (+4.00) GSIMSCI 353.51 (+0.04) GSIMSCI FUTURES 354.80 (+1.40) us$ s$ US$ (S$ per US$) 1.222 (US$/S$ per 1.608 1.964 EURO (US$/S$/€) 1.295 1.582 Foreign currency per US$ S$ YEN 82.40 67.40 RM 3.059 2.504 HK$ 7.750 6.344 BAHT 30.63 25.07 RUPIAH65 words
-
Article48 2012-12-12 1 Tuesday Change KL COMP 1,641.57 +9.42 NIKKEI 225 9,525.32 -8.43 HANG SENG 22,323.94 +47.22 SET INDEX 1,341.33 +6.38 JAKARTA COMP 4,317.92 +15.31 MANILA COMP 5,831.50 +73.96 SEOUL COMP 1,964.62 +7.20 SHENZHEN B 629.42 +1.87 MUMBAI IND 19,387.14 -22.55 11am EST Change DOW 13,273.23 +103.35 NASDAQ 3,024.90 +37.9448 words
-
Article18 2012-12-12 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.435 TAIWAN 5 036 JAPAN 1.475 Source: Bloomberg18 words
-
-
Page 1 Advertisements
-
Advertisement84 2012-12-12 1 STRAIT TALK Paying the salvor a just fee PAGE 26 UK’S DILEMMA ‘I love EU, I love EU not’ PAGE 25 F&N Stand-off extends into 2013 as Thais keep offer unchanged PAGE 4 Johor motorsports hub offers services to Singapore motor trade I PAGE 28 CLASSIC RACING COLLECTION iOOO MIGLIA84 words
-
Advertisement13 2012-12-12 1 EXEC MONEY Opportunistic hedge funds fill a void PAGE 34 8 *****1 *****413 words
-
-
TOP STORIES
-
Article378 2012-12-12 2 HSBC, StanChart hit with record fines TWO of Britain’s biggest banks agreed to pay record fines totalling US$2.6 billion to settle money laundering allegations levelled at them by authorities in the US. But shareholders of HSBC and Standard Chartered seemed almost relieved that the chapter was drawing to378 words
-
680 2012-12-12 2 KALPANA RASHIWALA - Price tipped to cross $1,400 psf of existing GFA for tower being sold by CPF Board and SEB By KALPANA RASHIWALA [SINGAPORE] At least one major office block transaction could be sealed before the year ends, BT understands. A680 words
-
Article, Illustration378 2012-12-12 2 PETER THAL LARSEN - REUTERS BREAKINGVIEWS By PETER THAL LARSEN [HONG KONG] HSBC has claimed an unwanted crown. The US$1.92 billion fine imposed by US regulators for failing to enforce money-laundering rules is the biggest ever for a bank, and two-and-a-half times bigger than the378 words
-
Article81 2012-12-12 2 IN our Dec 11 stock market commentary, we said that MDR was the market’s most active stock and closed unchanged, “thanks to hopes that the company is returning to profitability”. This is incorrect. MDR has been registering profits for the last 12 consecutive financial quarters. For FY2010, MDR reported81 words
-
Article, Illustration599 2012-12-12 4 KENNETH LIM - But general offer extension to Jan 2 did not state current offer is final By KENNETH LIM [SINGAPORE] The market may have to wait until the new year for Thai tycoon Charoen Sirivadhanabhakdi to fire back in the five- month-old599 words
-
Article, Illustration900 2012-12-12 4 GRACE LEONG - By GRACE LEONG [SINGAPORE] “Magic Circle” top UK law firm Clifford Chance will be able to offer both international and local legal services including domestic litigation advice through Cavenagh Law LLP in Singapore’s first-ev-er Formal Law Alliance900 words
-
Article, Illustration450 2012-12-12 4 AFP [SINGAPORE] Influential US wine critic Robert Parker is moving the headquarters of his newsletter to Singapore after selling a major stake to investors based in the city-state, a report said yesterday. Mr Parker told The Wall Street Journal he intends to step downAFP - 450 words
-
-
Page 2 Advertisements
-
Advertisement157 2012-12-12 2 Learn from JobsCentral’s #1 Preferred Private Education Institute. It*s my choice. jobsCentraU 2012/13 PRIVATE EDUCATION rankings ■preferred Private Education As the overall Preferred Private Education Institute (PEI) in the JobsCentral Learning Rankings and Survey (2012), Kaplan Singapore also leads in all qualification categories, including Preferred PEI for a Bachelor’s Degree.157 words
-
Advertisement621 2012-12-12 2 An intimate culinary affair with Chef Kishio Watanabe Kadeka is proud to present the Omakase Wine Pairing Dinner with Chef Watanabe, featuring dishes specially crafted from the best seasonal Japanese produce for 10 privileged Kadeka winners. Omakase, which literally translates to It's up to you 1 means letting the chef621 words
-
-
Page 3 Advertisements
-
Advertisement188 2012-12-12 3 i m m mi m h\ is£. m m s S. r- V i m> s MV-? B®PP A RLDCLASS T S 7 si %v P/I Jfll'l r Ll m i I uHaka > •s 6A 'VC/c, CsH nCH' 1° O/c V 76 4 aA V s ■r 0 >188 words
-
-
Page 5 Advertisements
-
Advertisement127 2012-12-12 5 An icon of progress, a beacon of sophistication. Luxury has progressed into a new form. With a world-first sky pool, the 55-storey Marina Bay Sands encompasses the heights of sophistication, soaring into the skies like majestic waves cascading over the coastal line. This advancement in luxury is mirrored in the127 words
-
-
COMPANY NEWS
-
Article, Illustration479 2012-12-12 6 ANDREA SOH - But E&Y says next year is looking more promising; US seen leading recovery By ANDREA SOH GLOBAL initial public offering (IPO) activity slipped in 2012 compared to last year, as continued macroeconomic volatility and changes in political leadership weighed onPHOTO: BLOOMBERG - 479 words
-
513 2012-12-12 6 CAI HAOXIANG - By CAI HAOXIANG INVESTMENT professionals based in Europe are hopeful that the sovereign debt crisis engulfing the continent will ease and the global economy be given a boost. This, despite their pessimistic outlook for their own economies, according to a CFA Institute513 words
-
350 2012-12-12 6 TEO SI JIA - By TEO SI JIA SHARES of Kori Holdings, the latest company to join the Catalist, had a good run in the market yesterday in its trading debut. It closed 3.5 cents, or 14 per cent, higher at 28.5 cents, all the350 words
-
356 2012-12-12 7 said in a statement Bloomberg [LONDON] Olam International’s biggest shareholder said it will take part in a US$1.25 billion sale of bonds and warrants, joining Singapore’s stateowned investment company in backing the offering. “As the company’s largest shareholder, we fully support its proposed rightssaid in a statement Bloomberg - 356 words
-
Article, Illustration436 2012-12-12 7 Reuters [SINGAPORE] China Aviation Oil (CAO), Asia’s top jet fuel buyer, will set up its first European trading office, likely in Geneva, in 2013 to tap growing demand from budget airlines, its CEO said. CAO expects north-west Europe’s demand for jet fuelReuters; FILE PHOTO - 436 words
-
COMPANY BRIEFS
-
87 2012-12-12 7 HOTEL Properties Ltd’s 70 per cent owned subsidiary, HPL Properties (Indian Ocean) Pte Ltd (HPLIO), has inked an agreement to buy into Westcliff Holdings Ltd. HPLIO will acquire 50 per cent of Westcliff’s total issued share capital for US$5,000, and an assignment87 words
-
61 2012-12-12 7 DIESEL engine provider XMH Holdings Ltd posted a net profit of $3.6 million for the second quarter ended Oct 31, some 2.5 times that of the previous year’s $1.46 million. The company’s revenue was $26.75 million, 2.8 times of last year’s $9.53 million,61 words
-
46 2012-12-12 7 SAIZEN Real Estate Investment Trust said that all its properties in areas affected by an earthquake which struck off the coast of north-eastern Japan last week are intact, save for “very minor damage” such as some broken tiles.46 words
-
-
Article359 2012-12-12 7 TEO SI JIA - Better results from development, hotel businesses offset dip in construction profit By TEO SI JIA LOW Keng Huat’s net profit for the third quarter ended Oct 31 surged 89 per cent to $27.54 million from $14.56 million a year earlier. This was on359 words
-
315 2012-12-12 7 Bloomberg [SEOUL] STX Pan Ocean Co climbed the most in four years in Seoul trading yesterday, leading gains by affiliates, after MoneyToday said the shipping company’s parent was close to selling a unit that makes offshore vessels. Pan Ocean surged 15 perBloomberg - 315 words
-
725 2012-12-12 10 SIOW LI SEN - Bank sees need to cater to local and regional clients’ growing demands By SIOW LI SEN IT may be a little late to the party but United Overseas Bank (UOB) has been building up its investment banking team over the past 18725 words
-
553 2012-12-12 10 ONG CHOR HAO - By ONG CHOR HAO THE acquisition of a stake in Marina Bay Financial Centre Tower 3 by DBS Group Holdings has cast a spotlight on Suntec Real Estate Investment Trust (Suntec Reit), which was seen by some as a553 words
-
-
Page 6 Advertisements
-
Advertisement128 2012-12-12 6 CO BEYOND RETAIL THERAPY AND DISCOVER THE BEAUTY OF TOTAL LUELLNESS FROM UUITHIN PARAGON Situated in Paragon, Paragon Medical houses over 60 world-class medical specialists to meet all of your healthcare needs. MEDICAL SERVICES: Aesthetics/Cosmetic Surgery Anti-ageing Cardiology Day Surgery Centre Dentistry/Orthodontics Dermatology Ear, Nose Throat (ENT) Fertility Centres General128 words
-
-
Page 7 Advertisements
-
Advertisement472 2012-12-12 7 Il Citigold Up to 3.90% p.a. on your Foreign Currency Time Deposit. With Citigold, you have the confidence of making informed choices and seizing the right opportunities to achieve your financial aspirations. It all begins with a conversation. Cltl 200 YEARS s f This Christmas, take up a minimum of472 words
-
-
SINGAPORE MARKETS
-
Article, Illustration566 2012-12-12 8 R SIVANITHY - Index pulls back to close just 3.99 points up after failing to go past its intraday high of 3,138 STOCKS R SIVANITHY Senior Correspondent THE momentum of the past several days helped carry the Straits Times Index up 24 points to an intraday highSource: Bloomberg - 566 words
-
Article186 2012-12-12 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 4 0 0 0 6 7 4 Manufacturing 49 51 45 5 8 8 54 59 53 Commerce 21 28 15 2 1 3 23 29 18 Tpt/Stor/Comms 15 13 12186 words
-
Article121 2012-12-12 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,699 21,699 60,572 60,572 Manufacturing 418,671 82,133 500,804 235,261 1,282 236,543 Commerce 252,930 6,892 259,822 126,909 251 127,161 Tpt/Stor/Comms 90,005 17,301 107,306 145,661 5,433 151,094 Finance 18,072 588 18,660 117,213 189 117,402 Construction 50,947 394,561121 words
-
Article115 2012-12-12 8 Stock name Close Change CapMallsAsia 1.975 -0.015 CapitaLand 3.710 -0.010 CapitaMall 2.110 -0.010 CityDev 12.000 -0.070 ComfortDelGro 1.740 -0.025 DBS Grp 14.780 -0.020 F&N 9.430 -0.020 GLP 2.650 -0.030 Genting SP 1.295 +0.025 Golden Agri 0.660 +0.015 HK Land 6.910 -0.010 IHH Healthcare 1.300 +0.005 JMH115 words
-
Article72 2012-12-12 8 Dec 11 VALUE CLOSE BT OB/OS 320.00 +13.00 BT CADI -*****.00 -9.00 BT 10-day MA -*****.00 +32.00 FTSE ST Mid Cap 755.30 +0.06 FTSE ST Small Cap 500.33 +1.10 FTSE ST All Share 762.18 +0.85 FTSE ST China Top 204.75 -0.03 FTSE ST China 230.00 -0.29 FTSE72 words
-
Article54 2012-12-12 8 VOLUME YHM 326,791,000 Rowsley 228,753,000 MDR 157,378,000 MDR W*****5 104,599,000 Europtron 71,056,000 People's Food 61,214,600 Oceanus 59,676,000 Golden Agri 56,872,000 Informatics 54,001,000 TT Intl 49,643,000 VALUE($) SingTel 64,021,880 DBS Grp 40,509,830 Genting SP 37,523,075 Golden Agri 37,345,665 GLP 35,950,080 People's Food 35,170,084 Rowsley 33,001,426 UOB 31,922,460 IndoAgri54 words
-
Article, Illustration955 2012-12-12 8 CAI HAOXIANG - Compiled by CAI HAOXIANG Thai Beverage Dec 11 close: S$0.39 AM Fraser Securities, Dec 11 THAI Beverage PCL (ThaiBev) offers investors an exposure to the alcoholic beverage industry in Thailand, a fast-growing emerging market. Over the next five years, Thailand’s beer market is forecast to grow 1.6 perSource: Bloomberg - 955 words
-
Article, Illustration547 2012-12-12 8 CURRENCIES Reuters [LONDON] The euro rose yesterday after better than expected German investor sentiment data boosted sentiment. Germany’s ZEW index jumped to 6.9 in December, far higher than the -12.0 forecast and the previous reading of-15.7. The euro climbed to a ses-sion-highReuters; PHOTO: BLOOMBERG - 547 words
-
Article109 2012-12-12 8 BY CENTS CLOSE UP Hyflux 6% CPS 10 ***** 737.0 6.9 JMH 6052 63.5 0.9 JSH 3632 53.7 1.2 Great Eastern 1568 38.0 2.5 DBXT Nifty 10US$ ***** 29.3 0.2 DBXT MSAsExJp 10US$ 3290 26.9 0.7 DBXT FTVietnam 10US$ 2017 24.4 1.0 Isetan 494 17.0 3.6 DBXT MSEmer 10US$109 words
-
Article121 2012-12-12 8 BY CENTS CLOSE DOWN Jardine C&C 4736 -42.0 -0.9 DBXT S&P Short 10US$ 3520 -25.6 -0.6 Petra 275 -15.0 -5.2 Kep Corp.ES.1212 1066 -13.0 -1.2 OCBC Bk 5.1%NCPS 100 ***** -8.0 -0.1 UOB 1935 -8.0 -0.4 IS Asia BND 100US 1078 -7.3 -0.6 CityDev 1200 -7.0 -0.6 SIA 200121 words
-
-
Page 9 Advertisements
-
Advertisement106 2012-12-12 9 4 d a -i J s VM 9888 o Porsche recommends M@bil For more information, please visit www.porsche.com.sg Thank you to all our proud Cayenne customers. The Porsche Cayenne is now the #1 most sold luxury SUV in Singapore.* SPBSCHg PDRSCHI Porsche Centre Singapore Eurokars Centre 12 Sungei Kadut Avenue106 words
-
-
Page 10 Advertisements
-
Advertisement581 2012-12-12 10 SHARElNVESTOR.com Tins Pulse Of Trading c Wktt LpU. IaWV i tiki is tW Features? 1. News alert on your portfolio 2. Interactive charting with integrated events calendar 3. Market screener with customisable FA and TA parameters Are ikese- {ea.iu.refy in tpu r wisk fist? Afire- tisojimt? Fmou. up to 1581 words
-
Advertisement50 2012-12-12 10 DEC ISSUE OUT NOW! Free gifts from McCoy with this promo card Exclusively for HWM Print readers. While stocks last. INTHISISSUE for first 100 readers iaPeel iPad 2 Inkjet Printable Skins •res- worth S39.90 HWM digital edition is available on iPad Android Visit www.hardwaremag.com for more info 50% off1-yeardigital edition50 words
-
Advertisement1279 2012-12-12 10 GIKEN SAKATA (S) LIMITED Co. Reg. No. *****3879W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Second Annual General Meeting of Giken Sakata (S) Limited will be held at Block 4012 Ang Mo Kio Avenue 10, #05-01 Techplace 1, Singapore *****8 on the 27th day of December1,279 words
-
-
Page 11 Advertisements
-
Advertisement7 2012-12-12 11 Business Times, Wednesday, December 12, 2012 117 words
-
-
SINGAPORE NEWS
-
583 2012-12-12 12 ZEINAB YUSUF SAIWALLA - Savills cites local buying fatigue and increasing home completions By ZEINAB YUSUF SAIWALLA SALES in the private residential market could fall by more than 25 per cent next year, as a result of local buying fatigue from the many new launches over583 words
-
558 2012-12-12 12 MINDY TAN - By MINDY TAN A CLOSELY watched tender for a residential site at Alexandra View drew a top bid of $332.7 million, or $970.18 per square foot per plot ratio (psf ppr), yesterday. Singland Homes, which put up the top bid for the558 words
-
147 2012-12-12 12 Reuters CONTRACT manufacturer Flextronics International Ltd said it has agreed to take over Motorola Mobility’s manufacturing operations in Tianjin, China and Jaguariuna, Brazil. Singapore-based Flextronics said that it will acquire the operations in Tianjin and assume management of the Jaguariuna facility. The dealReuters - 147 words
-
358 2012-12-12 12 CHNG SZE NING - By CHNG SZE NING MORE than a year after the devastating earthquake and tsunami, Japan is laying out the welcome mat for investors and entrepreneurs by offering incentives to bring them on board the country’s programme to revitalise the quake-hit areas. Officials from the358 words
-
SINGAPORE ROUNDUP
-
60 2012-12-12 12 SINGAPORE-BASED incubator Clearbridge Accelerator has appointed CordLife founder Steven Fang as a partner. Dr Fang will officially start with Clearbridge Accelerator on Jan 1 next year. He will provide direction to incubatee companies to support the commercial translation of their technologies into globally marketable products,60 words
-
49 2012-12-12 12 ONLINE games company IAH Games has tied up with award-winning, browser-based game developer Shanghai The Dream Network Technology to launch a new online game called New Chinese Paladin Online. IAH Games will publish the new game exclusively in Singapore and Malaysia.49 words
-
-
Article, Illustration504 2012-12-12 12 GRACE LEONG - By GRACE LEONG SUPREME Court judge Justice Philip Pillai is retiring today after a lifetime of distinguished service in the legal profession including three years in the Public Service. During his judicial tenure, Justice Pillai has made “dedicated and invaluable” contributions to the Supreme504 words
-
Article, Illustration365 2012-12-12 12 KIM MIN SEOK, TEO HOONG CHEN - By KIM MIN SEOK TEO HOONG CHEN TODAY’S “repeat” date, Dec 12, 2012, will see significantly more weddings than usual. Even so, demand for wedding services today remains lower than last year’s 11/11/11. “People like Dec 12 because365 words
-
-
Page 12 Advertisements
-
Advertisement34 2012-12-12 12 >/v/V JACKPOT Estimated Draw on Thu, 13 Dec 2012 at 6.30pm at PoNlo For details, visit www.singaporepools.com.sg Ip Yri) Always play with care. [responsibly! Do not bet illegally. RGB Reg No; *****0202G SINGAPORE POOLS34 words
-
-
Page 13 Advertisements
-
Advertisement74 2012-12-12 13 (An Affiliate of Cheung Kong Group) Ernst &Young Entrepreneur Of The Year 2012 Singapore Mr John Lim Group CEO, ARA Asset Management Limited has been honoured with the prestigious Ernst Young Entrepreneur Of The Year 2012 Singapore and Ernst Young Entrepreneur Of The Year Financial Services o.aoai is unattainable Abold74 words
-
-
MALAYSIA/INDONESIA
-
522 2012-12-12 14 PAULINE NG - With prices down 43% from April peak, a sustained fall will erode current account surplus By PAULINE NG in Kuala Lumpur THE drastic drop in palm oil prices to about RM2,045 (S$816.70) a tonne has hurt Malaysia’s export values and terms522 words
-
304 2012-12-12 14 Reuters [KUALA LUMPUR] Malaysia’s industrial output surged to a five-month high in October, beating market expectations, as a spike in demand for crude oil and natural gas helped offset still weak external sales for the country’s other products. Robust domestic demand and government spendingReuters - 304 words
-
Article, Illustration540 2012-12-12 14 Bloomberg [JAKARTA] Indonesian brokerages plan to introduce online trading platforms for Islamic stocks as they seek to boost interest in a market where annual volumes are set to slow in 2012 for a third year. PT Mandiri Sekuritas, a unit of the nation’sBloomberg; PHOTO: AFP - 540 words
-
-
Page 14 Advertisements
-
Advertisement1282 2012-12-12 14 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices EASTGATE TECHNOLOGY LTD (Incorporated in the Republic of Singapore) Company Reg. No. *****5519R NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of Eastgate Technology Ltd (the “Company") will be held at RELC International Hotel, Room1,282 words
-
Advertisement469 2012-12-12 14 )%=,]/{`&~"_/>;-_\|^|{)([_|>*'~ INTERRA RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0166Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (“EGM”) of Interra Resources Limited (the “Company”) will be held on 7 January 2013 at 10:00 a.m. at Tanglin 1, Level 1,469 words
-
-
Page 15 Advertisements
-
Advertisement86 2012-12-12 15 iaL. Comprehensive Transportation Systems i 4 Advanced WaterTreatment Systems m >r Reliable Construction Machineries >5 Efficient Power Plants and Energy Solutions Pioneering technologies for a better tomorrow. For over a hundred years, we have been providing efficient transportation, cleaner water, sustainable energy and the infrastructure for a brighter tomorrow. As86 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration388 2012-12-12 16 Allegations it had lobbied in the country are ‘entirely false’, says retailer Reuters [NEW DELHI] India’s government said yesterday it was prepared to launch an inquiry into lobbying by Wal-Mart Stores Inc, buckling under an opposition campaign to discredit a flagship economic policy thatReuters; PHOTO: AFP - 388 words
-
926 2012-12-12 16 Infrastructure gaps and store location rules major hurdles Bloomberg [NEW DELHI] India’s move to open its retail industry to the world’s biggest operators may take years to achieve the levels of investment that will reduce inflation, as infrastructure gaps restrain store expansions. Overseas retailersBloomberg - 926 words
-
279 2012-12-12 16 NYT [PARIS] Huawei Technologies, a Chinese maker of telecommunications equipment, said that it planned to open a research and development centre in Helsinki next year, accelerating its investments in Europe, where its business is expanding rapidly. The move illustrates a trans-Atlantic differenceNYT - 279 words
-
-
Page 16 Advertisements
-
Advertisement218 2012-12-12 16 23* rU 7. r* r. > V* V-*4* f V. «o Wi Sfifc KRT' vt. FAVOUR TE YULET DE FEASTS A NOSTALGIC CHRISTMAS IN THE CITY Celebrate and herald the festive season with sumptuous dining at Triple Three and decadent Christmas goodies at Coffee Crust exquisitely created by Executive Pastry218 words
-
-
ECONOMY WATCH
-
467 2012-12-12 17 Survey finds that uncertainty has tempered outlook in most sectors; retail is one bright spot Reuters [NEW YORK] US employers are expected to continue adding jobs in the first quarter of 2013, but uncertainty over the “fiscal cliff” has tempered the outlook,Reuters - 467 words
-
Article, Illustration690 2012-12-12 17 Let the market decide exchange rates, says BoE chief NYT [NEW YORK] Mervyn King, the outgoing governor of the Bank of England, expressed confidence in his successor and discussed economic challenges facing Britain and the United States in their approaches to monetary policyNYT; PHOTO: BLOOMBERG - 690 words
-
-
Page 17 Advertisements
-
Advertisement122 2012-12-12 17 FESTIVE FLAVORS OF SPAIN WITH GUEST CHEF ALEJANDRO SALDANA Hilton Singapore 581 Orchard Road Singapore *****3 Che. «erS BRASSERIE 23 Dec to 1 Jan Barcelona Chef Alejandro brings color to this season with authentic Catalonian cuisine including roast suckling pig and a selection of jamons. Reservations: 6730 3390 facebook.com/hiltonsingapore Toasttoa122 words
-
-
WORLD
-
590 2012-12-12 18 Big audit firms fail to properly test financial controls, a major bulwark against fraud Reuters [NEW YORK] The biggest US audit firms are failing to properly test some companies’ financial controls, one of the main bulwarks against fraud, an audit watchdog group said onReuters - 590 words
-
Article, Illustration868 2012-12-12 18 Reuters [CHICAGO] The Federal Reserve may tip towards doing even more to boost the US economy in 2013 as two outspoken advocates for a super-easy monetary stance rotate into voting spots on its policy panel. The annual shuffle of voters also raisesReuters; PHOTOS: BLOOMBERG - 868 words
-
Article, Illustration668 2012-12-12 18 Reuters [WASHINGTON] The US Treasury is selling its remaining stake in insurer American International Group Inc (AIG), bringing an end to government ownership of the company about four years after a US$182 billion bailout. The sale will close the chapterReuters; PHOTO: BLOOMBERG - 668 words
-
Article, Illustration324 2012-12-12 18 AFP [WASHINGTON] The United States said on Monday it would press China on intellectual property rights and other key concerns as the world’s two largest economies hold top-level trade talks next week. The US Commerce Department said that Vice-Pre-mier WangAFP - 324 words
-
536 2012-12-12 18 Reuters [TOKYO] Japanese chipmaker Renesas Electronics Corp, hit by slumping orders and competition from rivals like Samsung Electronics Co Ltd, secured a 150 billion yen (S$2.2 billion) lifeline from a govern-ment-led bailout on Monday. The taxpayer-funded Innovation Network Corp of Japan (INCJ), willReuters - 536 words
-
Article, Illustration866 2012-12-12 19 1,200 programmes in various sectors could be affected by likely spending cuts NYT [WASHINGTON] While the Obama administration and congressional leaders are trying to negotiate a deal to head off billions of dollars in tax increases and automatic spending cuts on JanNYT; PHOTO: AFP - 866 words
-
Article, Illustration632 2012-12-12 20 Struggling exports a sign of slowing global demand, especially in China LATEST US DATA Reuters Bloomberg [WASHINGTON] The US trade deficit widened in October as exports suffered the biggest drop in nearly four years.Wholesale inventories on the other hand rose more than expectedReuters; Bloomberg; PHOTO: AFP - 632 words
-
439 2012-12-12 20 Dec index beats forecasts on hopes of economic revival Bloomberg [FRANKFURT] German investor confidence jumped more than economists forecast to a seven-month high in December on speculation Europe’s largest economy will gather momentum next year. The ZEW Center for European Economic Research inBloomberg - 439 words
-
468 2012-12-12 20 Reuters [NEW YORK] Bank of America Corp is ramping up its incentives to encourage Merrill Lynch financial advisers to convince their clients to take advantage of more of the bank’s offerings. The firm is also sweetening incentives for advisers to keep theReuters - 468 words
-
Article, Illustration261 2012-12-12 20 Xinhua [GENEVA] The financial crisis raised the gender gap in unemployment to 0.7 percentage point in 2012, with projections showing no significant reduction in unemployment expected by 2017, said a report released by the International Labour Organization (ILO) yesterday. From 2002 to 2007,Xinhua; PHOTO: REUTERS - 261 words
-
418 2012-12-12 20 Bloomberg [ZURICH] UBS AG, Switzerland’s biggest bank, said it will start charging financial institutional clients for cash balances held in Swiss francs, adding to measures imposed last year to control inflows into clearing accounts. The charge, which will be communicated individually toBloomberg - 418 words
-
Article, Illustration909 2012-12-12 22 But it’s not expected to gather coalitions to deal with global issues, says report Reuters [WASHINGTON] China’s economy is likely to surpass the United States in less than two decades but the Asian country is not expected to take on theReuters; PHOTO: AFP - 909 words
-
Article, Illustration661 2012-12-12 22 Food safety and GMOs are the issues but this may change [WASHINGTON] Can Europeans, who have balked for years at many American food imports, accept a free trade agreement with the United States that opens the door for imports of genetically modified crops andPHOTO: BLOOMBERG - 661 words
-
464 2012-12-12 22 Reuters [NEW YORK] JPMorgan Chase Co jumped to first place in a US customer satisfaction survey, as its three biggest rivals, including perennial leader Wells Fargo Co, posted a decline in their scores. JPMorgan, the largest US bank by assets, saw its scoreReuters - 464 words
-
210 2012-12-12 22 Reuters [NEW YORK] Morgan Stanley might seek approval from the Federal Reserve to repurchase shares for the first time in four years, the Wall Street Journal reported, citing people familiar with the firm’s thinking. The bank, which last bought back shares in 2008, couldReuters - 210 words
-
148 2012-12-12 22 Reuters [NEW YORK] US authorities, in response to a recently published Wall Street Journal article, are investigating certain stock sales made by several corporate executives, the newspaper reported, citing a person familiar with the matter. Authorities are probing whether several executives benefited fromReuters - 148 words
-
401 2012-12-12 22 AFP [SYDNEY] The world’s biggest investors have their “heads in the sand” over climate risk, according to a survey released yesterday which warned of risks to pension funds. The Asset Owners Disclosure Project (AODP) looked at the world’s 1,000 largest retirement funds, insuranceAFP - 401 words
-
-
Page 19 Advertisements
-
Advertisement739 2012-12-12 19 Register by January 1 6th to save up to US$500 on the most advanced information security training worldwide! Secure Sinaapore Event Location: Grand Copthorne Waterfront Hotel “SANS has been the best learning experience in my career as a security professional. -Mohamed Narin, Verizon Business “SANS is the most knowledgeable in739 words
-
-
Page 20 Advertisements
-
Advertisement497 2012-12-12 20 WATS NOTICES UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Notice is hereby given that the following share certificate has been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares Estate of Tan Swee Yin, Deceased *****85-0 990 Notice497 words
-
Advertisement196 2012-12-12 20 NOTICE OF FINAL MEETING NESS DISPLAY HOLDINGS LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the final meeting of members of the abovenamed Company will be held at 20 Cecil Street, #12-02, Equity Plaza, Singapore *****5 on Saturday, 12 January 2013 at 1.00pm. Don M Ho, FCPA Liquidator196 words
-
-
Page 21 Advertisements
-
Advertisement1189 2012-12-12 21 The Business Times Free trial now on iPad BT All-in-One coming soon. aviation AirAsia^^i olam Shares up at property PAGE 24 Exece° lluu pjsirRiskeew contested page 8 s end lower page 2 EXECUTIVE lifestyle fashion, art c®' e PAGE 34 2012 November 23 Friday, ism Survival of the quickest high-cost1,189 words
-
-
Page 23 Advertisements
-
Advertisement98 2012-12-12 23 NOW THERE IS A QUICK AND FREE WAY TO SELL YOUR CAR. I v,: f VV -V I STCARS f f j 1 1 T *u\ POST YOUR w CAR AD FOR 5 FREE .v-; T •s I ♦>. v- •••> > > A IV y v a -V a98 words
-
-
EDITORIAL & OPINION
-
489 2012-12-12 24 Tackle climate change quickly or else EDITORIAL GLOBAL efforts to stem climate change, as spearheaded by the United Nations, began in the mid-1990s. Nearly two decades on, bitterly disappointed environmentalists would say that little has been accomplished. Greenhouse gas emissions, in fact, continue to rise. The UN Climate Change Conference489 words
-
Article, Illustration859 2012-12-12 24 CLYDE PRESTOWITZ - THE BOTTOM LINE CLYDE PRESTOWITZ The writer is the founder and president of the Economic Strategy Institute (ESI) SINCE the re-election of President Barack Obama, I’ve been fielding phone calls from friends and commentators around the world who are asking859 words
-
Article, Illustration1102 2012-12-12 24 YOGI AGGARWAL - Two important infrastructural requirements for the plan could end up being constraints YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT THE Indian government has embarked on a risky and untried method of “cash transfers” inPHOTO: AFP - 1,102 words
-
Article, Illustration1535 2012-12-12 25 JAMES KNIGHTLEY - British voters may want to wave goodbye to the EU but no major political party will offer them such a direct choice By JAMES KNIGHTLEY The writer is senior economist, ING Bank THE UK has always had a somewhat cool relationshipPHOTO: AP - 1,535 words
-
Article, Illustration642 2012-12-12 25 JANE WILLIAMS - By JANE WILLIAMS This article was first published on INSEAD Knowledge (knowledge.insead.edu) THE United States may be the centre of the 21st century invention and ideas renaissance, but a new ranking shows that Asia’s emerging markets are catching up. The top four businesses rankedPHOTO: REUTERS - 642 words
-
-
Transport HUB
-
Article, Illustration882 2012-12-12 26 DAVID HUGHES - ISU disappointed that ICS opposition blocked its proposal for a merit-based award for salvors’ services STRAIT TALK By DAVID HUGHES ON MONDAY, I attended a press lunch in London, held in the impressive surroundings of the RAC Club by the International Salvage Union (ISU).882 words
-
Article, Illustration526 2012-12-12 26 Analysts estimate tanker rates will rise 52% next year Bloomberg [LONDON] Rising Asian demand for naphtha and a shortage of ships hauling the oil product used in everything from Barbie dolls to car parts will boost freight rates toBloomberg; PHOTO: BLOOMBERG - 526 words
-
390 2012-12-12 26 Bloomberg [LONDON] The first contract in freight derivatives, used to bet on or hedge future shipping costs, was traded on Monday in the Chinese currency, in a move that may stop a global decline in over-the-counter trading of the swaps. The forwardBloomberg - 390 words
-
304 2012-12-12 26 AFP [LONDON] British defence giant BAE Systems will complete construction of the Royal Navy’s new submarine HMS Audacious in a deal worth £1.2 billion (S$2.36 billion), the Ministry of Defence announced. The contract for Audacious, the fourth of seven Astute Class vessels beingAFP - 304 words
-
Article251 2012-12-12 26 SGX '000 Dec 11 S$ +/-Vol CH Offshore 0.45 -0.01 71 Chuan Hup Hldg 0.25 -0.01 238 Cosco Corp 0.88 -0.01 3266 Dec 11 s$ First Ship Lea 0.12 unch 63 Freight Links 0.07 unch 2335 Grand Banks 0.31 unch 10 Jaya Hold Ltd 0.57 unch 56 K1Ventures251 words
-
TRANSPORT HUB: AVIATION
-
Article, Illustration1101 2012-12-12 27 Report of generator failure comes as UBS analyst questions Boeing profit claims NYT [NEW YORK] After years of delays in producing its much-anticipated 787 aircraft, Boeing seemed in recent months to be turning a corner, streamlining production and increasing the paceNYT; PHOTO: REUTERS - 1,101 words
-
288 2012-12-12 27 WP [PARIS] Air France-KLM Group plans to cut capital spending by a further 500 million euros (S$793 million) over the next two years as Europe’s biggest airline trims investments in a push to pare debt and lift profit margins.WP - 288 words
-
677 2012-12-12 27 Country’s restricted airspace packed with new fliers each year Reuters [SHANGHAI] Airline crews and ground staff are assaulted, passengers storm a runway, and a person yanks open an emergency exit door on a plane. In China, angry passengers are resorting to extreme measuresReuters - 677 words
-
299 2012-12-12 27 AP [DALLAS] American Airlines CEO Thomas Horton says his management team has earned the right to keep leading the company even if it merges with US Airways. The approval of a new labour contract by pilots last week wasAP - 299 words
-
-
TRANSPORT HUB: LAND
-
Article, Illustration440 2012-12-12 28 SAMUEL EE - Motor distributors here can avail of cheaper pre-delivery inspection services By SAMUEL EE THE lifestyle aspect of the upcoming Motorsports City will not be the only attraction across the Causeway when it is ready in 2015, with some motor distributors saying its440 words
-
Article, Illustration455 2012-12-12 28 SAMUEL EE - By SAMUEL EE COMPETITION is finally forcing Aston Martin to plant its flag in the prime motor belt with a showroom at 2 Chang Charn Road. Just off Leng Kee Road and directly opposite the Chrysler showroom, the Aston Martin City Showroom will display andPHOTO: ARTHUR LEE - 455 words
-
Article, Illustration451 2012-12-12 28 SAMUEL EE - Auris, Avanza, new versions of RAV4, Yaris to be unveiled By SAMUEL EE TOYOTA will greet 2013 with a bang by launching at least four new models in Singapore. Japan’s top carmaker unveiled three new models this year through authorised distributor Borneo Motors451 words
-
-
-
Page 26 Advertisements
-
Advertisement78 2012-12-12 26 m Si Islaite HEMPASIL X3 Multiple awardwinning fuel-saving technology Guaranteed to save ship-owners money on fuel, HEMPASIL X3 is the world’s most advanced fouling release system. It uses HEMPEL's unique hydrogel technology for unparalleled antifouling capability. Recognised as a major fuel-saving breakthrough for the maritime industry, HEMPASIL X3 is the78 words
-
Advertisement268 2012-12-12 26 Seafarers International Research Centre (SIRC) Nippon Foundation PhD Fellowships The Seafarers International Research Centre at Cardiff University, with support from The Nippon Foundation, would like to invite applications for a number of fouryear scholarships offering exciting opportunities to study for PhD qualifications in maritime-related social science. Based in the UK,268 words
-
-
Page 27 Advertisements
-
Advertisement34 2012-12-12 27 To gives its stock market a boost Taiwan plans to ease restrictions on mainland QDII To subscribe, call 6388-3838 or go to sphsubscription.com.sg on mainland QOII *KQDII££llg if 1 il (S Mi: m m34 words
-
-
Page 27 Miscellaneous
-
Miscellaneous361 2012-12-12 27 CRYPTIC CROSSWORD Across 1 It’s ‘ruined by the abrader’? (10) 6 Capital city that is held by king very briefly (4) 10 Trainee given whip, having collected low exam grades (5) 11 Cocoa I’ll have initially drunk I really want the harder stuff! (9) 12 Like someone wearing tartan unable361 words
-
-
Page 28 Advertisements
-
Advertisement207 2012-12-12 28 r €> r- A! THH HHA 7~ iS OM. ALL -NEW M3ZD3 6. ZOOMING SOON. You can be the first to see this highly acclaimed beauty imbued with Mazda's proprietary Kodo Soul of Motion design. Experience largest-in-class spaciousness. Have a taste of its efficient drive fuelled by SkyActiv Technology. More207 words
-
-
SINGAPORE STOCKS
-
Article3013 2012-12-12 29 Transaction date: Dec 11 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 149.5 92.5 AIMSAMPIReit 141.5 -0.5 222 142 1413,013 words
-
Article180 2012-12-12 30 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 12.2180 words
-
Article8536 2012-12-12 30 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 Asian Local Ccy SD Bond 0.9856/ China Opportunities 78,536 words
-
Article206 2012-12-12 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 43.5 25.5 AVJennings A33.5 -3.5 34 33.5 33 31 37 3.6 10.4 2.7 87.2 41.5 26 Genting HK US$ US32 unch 855 32 31.5 31.5 32 2107206 words
-
Article908 2012-12-12 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 128.9 120.4 CIMB APAC Div 100S$D 125 128.6 129.5 105.5 95.8 CIMB APAC Div 100US$ US104 105 105.9 10.9 1323 1246 CIMBASEAN40 100S$D 1290 1315908 words
-
-
FINANCE & COMMODITIES
-
Article685 2012-12-12 31 Dec 11 n»£h HIGH UiW 501 VOL ur.^i NIKKII US INOFK ruuiRts wot «f.nc;>i m 9tn 9; pn i g iw m non nit 3«nm KRiCOn mivr Jf77?1 1 Mmi3 JS7QIC SISKFI 9A#tll Qi 3G1S0M 3M»IA 4Sa(»V MSC1 T«(Wn.H IMOEX FUTURES u-or ;'?w; t/i.OK ;.*i i* o«i>685 words
-
373 2012-12-12 31 In local curr In S$ In US$ dy yr dy yr dy yr Dec 10 Index Change Change Change Change Change Change World Preliminary 927.1 0.1 11.7 0.2 5.4 0.2 11.9 EAFE Preliminary 758.4 0.0 11.2 0.1 4.7 0.1 11.1 Europe Preliminary 1144.5 0.0 11.5373 words
-
Article, Illustration94 2012-12-12 31 As on 10 December 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1718.70 1707.20 1714.70 INDIA GOLD (E-GOLD) FUT FEB2013 574.80 571.70 575.85 CURRENCY EUR-USD FUT DEC2012 1.2941 1.2887 1.2936 BASE METAL COPPER FUT MAR2013 8181 8094 8173 INDEX IRON ORE (MBIO) IDX94 words
-
Article107 2012-12-12 31 Dec 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1474.75 1472.25 1477.00 1453.00 Mar 13 1475.25 1472.00 1477.50 1452.50 May 13 1462.75 1453.25 1464.25 1438.00 Jul 13 1451.50 1441.50 1453.00 1427.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 50.83107 words
-
Article70 2012-12-12 31 CRUDE OIL PRODUCTS Dec 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.03 0.77 WTI (Near Mth) 85.62 -0.35 Dubai (1-Mth F) 103.56 0.28 Tapis blend 112.91 0.47 Minas 106.19 0.47 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.11 0.83 Jet Kerosene 122.72 -0.5 US$/barrel OpecOil Basket70 words
-
Article22 2012-12-12 31 Dec 11 S$ Bid Offer 1-month 1.2211 1.2222 2-months 1.2210 1.2222 3-months 1.2209 1.2221 6-months 1.2208 1.2219 Source: OCBC22 words
-
Article66 2012-12-12 31 Dec 10 Dec 10 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2123.50 2086.75 3 months 2132.00 2094.00 Copper, Grade A(US$/tonne) Cash 8108.50 8012.25 3 months 8135.00 8035.00 Lead(US$/tonne) Cash 2283.50 2200.75 3 months 2300.00 2215.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 366 words
-
Article80 2012-12-12 31 Dec 10 COCOA (£/tonne) Close Prev High/Low Dec 12 1595 1621 1614/1590 Mar 13 1520 1546 1541/1514 May 13 1527 1551 1546/1520 Jul 13 1532 1556 1550/1526 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1874 1896 1898/1866 Mar 13 1880 1904 1902/1872 May 13 1892 1915 1913/1884 Jul 13 190480 words
-
855 2012-12-12 31 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 1 146 650 5.00 17 Conv Ratio Best World Intl Ltd W*****5 0.5 1 30 69 36.00 7 Price BiosensoMBeCW*****3 4.1 0.3 600 0.4 140 6 Biosensors855 words
-
Article470 2012-12-12 31 Dec 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.034 6.554 0.810 8.127 56.973 101.211 0.864 11.290 3.208 1.255 101.971 42.943 1.281 9.093 0.981 30.505 32.117 0.652 1.049 Canada 0.967 6.335470 words
-
Article58 2012-12-12 31 Dec 11 (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$) 2 mths 0.***** 0.***** 6 mths 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates58 words
-
Article134 2012-12-12 31 Dec 11 GOLD(US$/oz) Dec 10 Dec 11 Hong Kong 1718.00 1720.00 Dec 07 Dec 10 London 1701.86 1713.36 1702.63 1714.13 Source: Thomson Reuters CAST BAR Dec 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 151 67 5gm 429 336 10gm 766 672134 words
-
Article92 2012-12-12 31 Dec 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 07-Mar-13 0.23 6-Month BS*****T 30-May-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.98 102.03 101.99 5-Year N*****0Z 2.37592 words
-
Article57 2012-12-12 31 Dec 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 12 2110.0 2121.0 2110.0 2105.0 27 2451 Jan 13 2226.0 2221.0 2230.0 2185.0 2110 ***** Feb 13 2315.0 2313.0 2324.0 2283.0 ***** ***** Mar 13 2387.0 2377.057 words
-
Article156 2012-12-12 31 Dec 11 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2801 1.2818 1.0483 1.0488 Canadian dollar 1.2374 1.2391 1.0138 1.0134 Euro 1.5807 1.5824 1.2945 1.2947 NZ dollar 1.0201 1.0215 0.8354 0.8358 Sterling pound 1.9632 1.9653156 words
-
Article121 2012-12-12 31 As at 9am Dec 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.31 1.248 Can dollar 1.266 1.206 Euro 1.618 1.541 Sterling pound 1.999 1.923 NZ dollar 1.052 0.993 US dollar 1.245 1.186 Local dollars to 100 units of foreign121 words
-
Article154 2012-12-12 31 Dec 11 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.30 0.20 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80 0.60 12154 words
-
-
3472 2012-12-12 32 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 Destination3,472 words
-
Page 32 Advertisements
-
Advertisement29 2012-12-12 32 Corrs: Corrs: Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times Shipping Times29 words
-
-
Page 33 Advertisements
-
Advertisement73 2012-12-12 33 TO ADVERTISE IN .THE Business Times MIL IMVILJ Shipping Times CALL JOE WONG Publicise Your Delivery Of Newbuilds Come publicise your Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments and Company Anniversary. There’s no better way to direct your company to73 words
-
-
executive Money
-
Article, Illustration356 2012-12-12 34 Bloomberg BLACKSTONE Group LP, the biggest manager of real estate private-equity funds, is seeking to raise more than US$2 billion for its first property pool focused on Asia, a person with knowledge of the effort said on Monday. The exact amountBloomberg; PHOTO: CENTRAL EQUITY - 356 words
-
Article, Illustration1226 2012-12-12 34 JOSEPH PACINI, ALASDAIR RIACH - Highly specialised hedge fund strategies that capitalise on financial system dislocations may look attractive to institutional investors in Asia, write JOSEPH PACINI and ALASDAIR RIACH write JOSEPH PACINI, ALASDAIR RIACH Joseph Pacini is the managing director and head of BlackRock’s Alternative Investment Strategy GroupSource: BlackRock poll - 1,226 words
-
711 2012-12-12 34 Bloomberg YOU can’t control what you don’t measure. In engineering, control theory is all about using information gained by measuring a system to plan and carry out intelligent actions that will control it. Ideally, it leads to desirable outcomes, such as a nuclear reactorBloomberg - 711 words
-
Article, Illustration1312 2012-12-12 35 WHITNEY KISLING - With borrowing expenditures at record lows, execs find it hard to squeeze costs, causing profits to contract, writes WHITNEY KISLING writes WHITNEY KISLING Bloomberg COMPANIES in the Standard Poor’s 500 Index are paying less in interest on debt than any time in at leastBloomberg; PHOTO: AFP - 1,312 words
-
Article, Illustration1507 2012-12-12 36 WELLIAN WIRANTO - This year was tough; the next may also throw investors a curve ball or two. But staying invested pays MONEY MATTERS WELLIAN WIRANTO The writer is investment strategist at Barclays AS THE year draws to a close, it is worth reflecting on the keyPHOTO: BLOOMBERG - 1,507 words
-
-
Page 34 Advertisements
-
Advertisement17 2012-12-12 34 YOUR FAVOURITERACE ISBACK! 14KMROUTE,9URBANOBSTACLES, 1HELLUVACHALLENGE COOL 3 MAR 2013 (SUN) 7AM NICOLL HIGHWAY SIGNUPNOW! MOREDETAILSINTHISISSUEOF MEN’SHEALTHAND MENSHEALTH.COM.SG17 words
-
Advertisement39 2012-12-12 34 KISS92 All the great songs in one place r t a K' iS KIS592 I m FT CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm Q @kiss92fm39 words
-
Advertisement10 2012-12-12 34 LOOKING AHEAD Financial crystal ball gazing into 2013 PAGE 3610 words
-
-
Page 35 Advertisements
-
Advertisement119 2012-12-12 35 TRADE THE WORLD'S MOST LIQUID MARKET WITH YOUR LOCAL FOREX SPECIALIST Deal around the clock on a wide range of major, minor and exotic currency pairs. Access tight spreads with EUR/USD and AUD/USD from just 0.8 pips, and unique risk management tools. Plus, FX rebates available for high-volume traders. Find119 words
-
-
Page 36 Advertisements
-
Advertisement366 2012-12-12 36 WHEREVER YOU GO, TAKE THE BEST WITH YOU. DealBook® Mobile: Voted Best Mobile Trading App of 2012 If you trade Forex or CFDs our award-winning suite of mobile platforms will keep you in touch with the markets wherever you are. As well as great apps for iPad, iPhone and Android™,366 words
-