The Business Times, 24 April 2013

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL32547
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Wednesday, April 24, 2013
    25 words
  • Article, Illustration
    Lock icon Tiger’s sale to Virgin gets nod, shares soar
    1089 1  -  Regulator concludes Tiger Australia would have quit market if acquisition had stalled By LEE MEIXIAN [SINGAPORE] After six months of suspense, Tiger Airways has finally got the green light to sell 60 per cent of its loss-making Tiger Australia to Bris-bane-based Virgin
    PHOTO: AFP  -  1,089 words
  • Article, Illustration
    Lock icon China knocked back by weak PMI
    577 1  -  New export orders fall, hinting at tepid growth in Q2 By in VIRGINIE MANGIN in Beijing IN a sign that China is heading for stagnant growth in the second quarter, advance indications released show that growth in its manufacturing sector fell this month, dragged
    PHOTO: REUTERS  -  577 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,284.35 (-24.57) HST INDEX FUTURES 3,262.00 (-25.00) HSIMSCI 369.98 (-4.05) HSIMSCI FUTURES 365.80 (-5.40) US$ S$ US$ (S$ per US$) 1.241 (US$/S$ per 1.523 1.890 EURO (US$/S$/€ 1.298 1.611 Foreign currency per US$ S$ YEN 98.60 79.50 RM 3.055 2.462 HK$ 7.764 6.258 BAHT 28.80 23.21 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      48 1 Tuesday Change KL COMP 1,700.39 -6.29 NIKKEI 225 13,529.65 -38.72 HANG SENG 21,806.61 -237.76 SET INDEX 1,549.35 -9.75 JAKARTA COMP 4,975.33 -21.59 MANILA COMP 6,982.36 -138.12 SEOUL COMP 1,918.63 -7.68 SHENZHEN B 813.77 -15.87 MUMBAI IND 19,179.36 +9.53 12noon EDT Change DOW 14,715.63 +148.46 NASDAQ 3,273.47 +39.92
      48 words
    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE MALAYSIA MALAYSIA HONG KONG HONGKONG 5.00 INDONESIA JAPAN TAIWAN KOREA JAPAN 1.475 KOREA CANADA BRITAIN 0.50 US Source: Bloomberg
      22 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      198 1 STRAIT TALK Learning from accidents EXEC MONEY Japanese market is still attractive HOCK LOCK SIEW Punting on S-cheap counters PAGE 32 S’PORE NEWS Bright Chambers being sold PAGE 9 PAGE 22 PAGE 4 Come home to a botanical retreat in the heart of the city. h MOT IK in f
      198 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon SingTel 4G network now nationwide
      755 2  -  Growing likelihood of higher charges for heavy users as coverage widens By JOYCE HOOI [SINGAPORE] SingTel 4G coverage is now nationwide and faster in some places, but while more expensive charges for users exceeding their data bundles will not kick in immediately, these higher rates
      755 words
    • Article, Illustration
      Lock icon BN’s Hindu card is not a sure winner
      681 2  -  By S JAYASANKARAN in Kuala Lumpur When Hindraf, a Hin-du-rights group fighting the marginalised segments of Malaysia’s Indian community, was born in 2007, it resonated strongly with the Indian electorate. It even galvanised the country’s Chinese community to shrug off its pro-es-tablishment
      681 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      464 2 Tiger’s sale to Virgin gets nod, shares soar AFTER six months of suspense, Tiger Airways has finally got the green light to sell 60 per cent of its loss-making Tiger Australia to Virgin Australia for A$35 million. The carrier’s stock surged 4.6 per cent on the news. FRONT
      464 words
    • Article
      Lock icon Sales of new homes rise 1.5% in March
      466 2 April manufacturing growth pace most sluggish in 6 months LATEST US DATA Bloomberg Reuters [WASHINGTON] Purchases of new US homes rose in March, capping the best quarter for the industry since 2008 and providing more evidence the housing recovery will be sustained.
      Bloomberg; Reuters  -  466 words
    • Article
      Lock icon Bernanke to miss Fed’s August conference, hinting at departure
      435 2 AP [WASHINGTON] Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed’s annual August conference in Jackson Hole, Wyoming. Jackson Hole has long been a high-profile platform for speeches
      AP  -  435 words
    • Article
      Lock icon Bank exposure to used car dealers not large: MAS
      651 2  -  By SIOW LI SEN [SINGAPORE] Contrary to speculation, banks have only a very tiny exposure to used car dealers, the Monetary Authority of Singapore (MAS) has clarified. None of the key players has an exposure exceeding 1 per cent of their
      651 words
    • Article, Illustration
      Lock icon March inflation falls to 3.5%
      710 3  -  Core inflation eases to 1.7 per cent, but may rise in second half of the year By TEH SHI NING [SINGAPORE] Plunging car prices drove Singapore’s inflation rate down to 3.5 per cent last month the lowest it has been in more than two years.
      Source: Department of Statistics  -  710 words
    • Article
      Lock icon OECD chief endorses BOJ’s mega monetary easing moves, ‘Abenomics’
      545 3  -  By ANTHONY ROWLEY in Tokyo THE Bank of Japan’s (BOJ) mega monetary easing moves, along with “Abenomics”, received a ringing endorsement yesterday from secretary general of the Organisation for Economic Cooperation and Development (OECD) Angel Gurria in Tokyo where the OECD
      545 words
    • Article
      Lock icon Bank of Singapore sees AUM doubling to US$46b
      499 3  -  By SIOW LI SEN [SINGAPORE] Bank of Singapore’s private bank business continues to grow nicely as clients, spooked by China’s risky capital markets and also the European financial crisis, look to diversify their options. “The environment continues to be favourable... double digit
      499 words
  • Page 2 Advertisements
Page thumbnail Page 3
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon MIT posts Q4 DPU of 2.37 cents
      466 4  -  Distributable income rose 8.7% to $38.9m and gross revenue gained 8.8% By MINDY TAN MAPLETREE Industrial Trust (MIT) posted distribution per unit of 2.37 cents in the fourth quarter ended March, an improvement of 6.8 per cent over the previous year. Distributable income
      466 words
    • Article
      Lock icon Punting on S-cheap counters
      868 4  -  HOCK LOCK SIEW By CAI HAOXIANG AS THE first-quarter earnings season kicks into full swing, investors in search of undervalued stocks in Singapore might be hardpressed for ideas. The Straits Times Index (STI) is hovering around a five-year high of 3,300 points. Yields of many stable
      868 words
    • Article
      Lock icon Funds turn cautious on equities
      351 4  -  By CAI HAOXIANG FUND houses have become more cautious on equities especially on European and North American stocks, according to the results of a survey by HSBC Bank released yesterday. While nobody was underweight equities as an asset class, just 57 per cent of views
      351 words
    • Article
      Lock icon Search for yield continues to drive S-Reits
      820 7  -  FTSE ST Real Estate Index has added a further 5.7% to last year’s 53.6% return By ANGELA TAN THE search for yield continues to benefit Singapore’s real estate investment trusts (S-Reits). Since the beginning of 2013, the FTSE ST Real Estate Index which
      820 words
    • Article
      Lock icon Singapore Re posts Q1 net of $5.36m
      350 7  -  By NISHA RAMCHANDANI SINGAPORE Reinsurance Corporation posted a net profit of $5.36 million for the three months ended March 31, 2013, up from $1.05 million for the corresponding quarter last year. Revenue rose 3.6 per cent year-on-year to $28.63 million, boosted by new
      350 words
    • Article
      Lock icon Boustead wins oil & gas deals worth $60m
      237 7  - Boustead wins oil gas deals worth $60m By JASMINE NG BOUSTEAD Singapore’s en-ergy-related engineering division has bagged contracts worth $60 million from oil and gas industries globally. The contracts, won since the start of its new financial year this month, raised the group’s orderbook backlog to $415 million. The deals
      237 words
    • Article, Illustration
      Lock icon First Reit posts DPU of 1.74 cents in Q1
      441 8  -  Gross revenue up 25% to $17.5m mainly due to two properties acquired By MINDY TAN FIRST Real Estate Investment Trust (First Reit) posted distribution per unit (DPU) of 1.74 cents for the first quarter, a drop of 9.8 per cent from
      FILE PHOTO  -  441 words
    • Article
      Lock icon HL Finance Q1 profit down 8.9%
      442 8  -  Loan demand hit by cooling measures on property and cars By TEH SHI NING HONG Leong Finance (HLF) yesterday announced an 8.9 per cent drop in first quarter net profit to $15.3 million, from $16.7 million a year ago. Net interest income and hiring
      442 words
    • COMPANY BRIEFS
      • Article
        Lock icon Synear shuts down Sichuan plant
        44 8 SYNEAR Food Holdings has temporarily shut down its production plant in Sichuan as a precautionary move due to the numerous aftershocks of the April 20 earthquake that struck the Chinese province. The plant suffered minor physical damage, it said.
        44 words
      • Article
        Lock icon Kingsmen clarifies amount paid
        45 8 KINGSMEN Creatives subsidiary Kingsmen Exhibits has paid $8.149 million to Hup Lian Engineering, a subsidiary of Chasen Holdings, to settle an arbitration dispute. The amount comprises a previous payment of $7.195 million paid to Hup Lian and a $953,902 settlement sum.
        45 words
      • Article
        Lock icon Sino Construction to report FY 2012 loss
        74 8 SINO Construction expects to report a loss for its financial year ended Dec 31, 2012, due to intense competition among construction players to get contracts amid a slowdown in the Chinese economy and property cooling measures introduced by the Chinese government. The likelihood
        74 words
      • Article
        Lock icon Profit at Transit-Mixed Concrete rises 15%
        53 8 TRANSIT-Mixed Concrete’s net profit for the full year ended Feb 28, 2013, rose 15 per cent to $2.76 million from $2.4 million a year ago. Turnover for the 12-month period grew 10 per cent to $21.22 million from $19.37 million, spurred by an increase
        53 words
      • Article
        Lock icon Hengxin’s Q1 earnings slide 36.7%
        64 8 HENGXIN Technology has reported a 36.7 per cent slump in its net profits for the first quarter ended March 31, 2013, to 11.77 million yuan ($2.36 million) from 18.58 million yuan a year earlier. Revenue for the period slid 22.2 per cent to 201.94 million
        64 words
      • Article
        Lock icon CITM names CFO as chief operating officer
        38 8 DAVID Graham Mason, 48, was named chief operating officer of Cambridge Industrial Trust Management (CITM), the trustee-manager of Cambridge Industrial Trust. He also continues his role as CFO of the trustee-manager.
        38 words
      • Article
        Lock icon CWT acquires 51% interest in Maiia
        55 8 LOGISTICS company CWT has acquired a 51 per cent interest in India’s Maiia Inspection Services Pvt Ltd for 28.87 million rupees (S$659,220) through CWT Commodities Indochine. It said that the acquisition of the inspection testing certification services company is part of its plans to
        55 words
    • Article
      Lock icon Nam Cheong sells two ships for US$59m
      181 8  -  By LYNN KAN NAM Cheong Ltd sold two vessels yesterday worth a total of US$59 million to Perdana Petroleum Bhd, an offshore marine service provider in the Malaysian and South-east Asia region. Nam Cheong said its order book hit RM1.4 billion (S$569 million)
      181 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      51 4 CONGRATULATIONS TO OUR TOP ACHIEVERS FOR 2012 Mr Dewey Ho Mr Charles Kho Mr Ho ShunJie Ms Jasmine Yee Ms Alice Poh Ms Xu Jing Yun Mr Steve Sim Ms Ang XueQin Special Thanks To our business partners for the enduring support over the years HEALTHY FRIEND CA LG E
      51 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      341 5 cisco @SG20 Committing more good Empowering the Internet Generation Since 1993 u years to Singapore Thank You Our Partners The new Cisco headquarters in Singapore is a true Cisco-on-Cisco story. The Singapore site is one of the first Cisco offices in the world to be designed from the ground up
      341 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon China’s weak PMI brings sellers out
      585 6  -  ST Index closes 24.6 points down as China and Hong Kong markets come under pressure STOCKS R SIVANITHY Senior Correspondent Markets in this part of the world came under pressure yesterday after China announced er-than-expect-ed manufacturing and export numbers. With China’s indices dropping 2.5
      Source: Bloomberg  -  585 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Apr 23 VALUE CLOSE BT OB/OS -249.00 -223.00 BT CADI -*****.00 -141.00 BT 10-day MA -*****.00 -25.00 FTSE ST Mid Cap 831.37 -6.22 FTSE ST Small Cap 581.72 -2.66 FTSE ST All Share 813.29 -5.93 FTSE ST China Top 215.64 -2.51 FTSE ST China 244.15 -2.72 FTSE
      73 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME Armarda 85,386,000 WE Hldgs 68,718,000 Innopac 65,617,000 AdvanceSCT 63,656,000 SingHaiyi 61,770,000 Thai Beverage 54,851,000 Golden Agri 54,319,000 Equation 50,614,000 MDR W*****5 45,199,000 YHM 43,888,000 VALUE($) F&N 125,678,770 SingTel 75,816,580 Keppel Corp 72,330,883 DBS Grp 44,632,120 UOB 36,911,270 GLP 36,547,700 GuocoLeisure 36,188,660 Thai Beverage 32,178,685 CapitaLand 30,852,380
      54 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 5 0 0 0 4 7 5 Manufacturing 44 61 29 8 8 10 52 69 39 Commerce 15 20 22 2 9 3 17 29 25 Tpt/Stor/Comms 4 26 11
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 65,633 65,633 139,063 139,063 Manufacturing 336,702 131,897 468,599 302,421 5,128 307,549 Commerce 105,496 93,626 199,122 62,584 8,388 70,973 Tpt/Stor/Comms 125,623 15,089 140,712 163,842 5,686 169,528 Finance 86,230 77 86,307 150,237 23 150,261 Construction 61,794 44,768
      123 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      921 6  -  Compiled by JOYCE HOOI Singapore Hospitality OCBC Investment Research, April 23 WE HAVE analysed the relationship between the y-o-y change in average revenue per available room (RevPAR) and y-o-y change in average tourism receipts per visitor arrival for 2001-12. In general, the signs of both are the same
      Source: Bloomberg  -  921 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 6 Stock name Close Change CapMallsAsia 1.945 -0.035 CapitaLand 3.470 -0.060 CapitaMall 2.280 -0.020 CityDev 11.19 -0.060 ComfortDelGro 1.910 -0.005 DBS Grp 15.51 -0.140 GLP 2.680 -0.090 Genting SP 1.385 -0.020 Golden Agri 0.525 -0.005 HK Land 7.310 -0.090 HPH Trust US$ 0.810 JMH 68.00 +0.210 JSH
      115 words
    • Article, Illustration
      Lock icon Euro slides to 2-week low against dollar
      492 6 CURRENCIES Reuters [NEW YORK] The euro dropped to a two-week low against the US dollar yesterday after weak German data raised concerns about the health of the eurozone economy, reviving speculation that the European Central Bank (ECB) could cut interest rates. A survey
      Reuters; PHOTO: BLOOMBERG  -  492 words
    • Article
      Lock icon RISES
      118 6 BY CENTS CLOSE UP Lyxor Indonesia10US$ ***** 456.5 3.6 SPDRS S&P 500 10US$ ***** 142.7 0.7 Jardine C&C 5110 48.0 0.9 JSH 3978 31.0 0.6 JMH 6800 26.1 0.3 Del Monte 200 75 22.5 42.9 Lyxor EmergingMkts 1 1025 17.4 1.4 DBXT MSCHINA 10US$ 1137 14.9 1.1 People's Food
      118 words
    • Article
      Lock icon FALLS
      117 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -112.9 -0.7 F&N 820 -80.0 -8.9 Great Eastern 1766 -55.0 -3.0 DBXT FTVietnam 10US$ 2323 -54.6 -1.9 DBXT CSI300 10US$ 772 -22.3 -2.3 UOB 2058 -20.0 -1.0 OCBC Bk 1055 -19.0 -1.8 Keppel Land 400 -17.0 -4.1 STXPO 100 390 -15.0 -3.7
      117 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      47 7 vA ...a' \N° y p r(\e N°° _,v0^ d ri\* V '1> 9 oSP s t ae^ s &C< 0 w< ,o" s >\N sph WWW omy Singapore *f Check-In Bonanza with Shaw Theatres An event of 0 0 *terms conditions apply Visit proiect.omv.sq/check-in-bonanza for more details!
      47 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      64 7 M3&F HOROLOGICAL LAB LEGACY MACHINE N°l UNIQUE FLYING BALANCE WHEEL AND VERTICAL POWER RESERVE COMPLETELY INDEPENDENT DUAL TIME ZONES 8K WHITE OR RED GOLD 279 COMPONENTS 23 JEWELS WWW.MBANDF.COM V MPt K 3 I 1 THE HOURGLASS SINGAPORE PARAGON MORE PASSION TEL ION ORCHARD L'ATELIER TEL KNIGHTSBRIDGE MALMAISON TEL 65-6735
      64 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      624 8 Attain All-Round Sales Performance Excellence Who should attend: Sales Business Development Managers; Business Consultants: Senior and Middle Management; Account, Sales Marketing Executives and Managers Productivity and Novation Credit fP/Q Claimable 2013 APRIL SERIES FULL-DAY WORKSHOPS Easy Marketing Tactics to Generate Sales Leads Promotion or marketing is viewed as an expensive
      624 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Bright Chambers being sold
      501 9  -  Price said to be around $46 million, buyer thought to be connected to Pamfleet Group By KALPANA RASHIWALA BRIGHT Chambers in Middle Road, next to Bugis+, is being sold for about $46 million, BT understands. The buyer is thought to be entities linked to Pamfleet Group,
      501 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon OKH, Yee Lee clinch two industrial sites
        135 9 JTC Corporation said yesterday that it has awarded two industrial sites in Tuas Bay Walk and Buroh Crescent to their respective highest bidders. Both sites are being sold on 30-year-leasehold tenures. The 1.77-ha Buroh Crescent site in Jurong has been awarded to OKH
        135 words
      • Article
        Lock icon WDA backs MIT-linked training programme
        161 9 THE Singapore Workforce Development Agency (WDA) has extended its support to a training programme in logistics and supply chain management. The fee for the 16-week Global Supply Chain And Leadership Excellence (Scale) programme, introduced by Supply Chain Asia (SCA) and Massachusetts Institute of Technology (MIT),
        161 words
      • Article
        Lock icon Keppel unit gets Kim Tian Road site tender
        94 9 THE Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Kim Tian Road to Harvestland Development Pte Ltd, a unit of Keppel Land. The company submitted the highest bid of $550.28 million, or $1,162.86 per square foot per
        94 words
    • Article
      Lock icon BMW sets up joint research lab in S’pore
      513 9  -  Its first such facility in S-E Asia is a joint effort with NTU By NG ZHUO YANG THE BMW Group is bringing in its research capabilities to Singapore through the establishment of a Future Mobility Research Lab here, the first of its
      513 words
    • Article
      Lock icon Public sector internal auditors told to evolve, stay vigilant
      405 9  -  By LYNN KAN THE Minister of State for finance Josephine Teo yesterday called on public-sector agencies here to make better use of internal audit to strengthen their governance and decision-making processes. The work of government has increased in complexity, she said,
      405 words
    • Article
      Lock icon LTA invites bids to build new bus depot
      284 9  -  By JASMINE NG THE Land Transport Authority (LTA) called a tender yesterday for proposals to build a new bus depot in the Jurong West area. The new Wenya bus depot off Jurong West Avenue 2 is the first one that LTA is
      284 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      73 9 BOARD ROOM BOUND Your new, anywhere office. No desk required. EXCLUSIVELY AT TUMI BOUTIQUES TAKASHIMAYA SHOPPING CENTRE +65 6723 8081 RAFFLES CITY SHOPPING CENTRE +65 6723 8069 THE SHOPPES AT MARINA BAY SANDS +65 6222 161 1 LUXURY FASHION AT RESORTS WORLD™ SENTOSA +65 6723 8003 CHANGI AIRPORT T1 +65
      73 words
Page thumbnail Page 10
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Kuok Group’s Nusajaya land deal sets new benchmark
      543 10  -  Group and Khazanah plan residential, commercial projects on 12.5 acre plot By PAULINE NG in Kuala Lumpur A NEW price benchmark of nearly RM334 (S$135.50) per sq ft (psf) has been established for Nusajaya land –part of Iskandar Malaysia following the acquisition
      543 words
    • Article, Illustration
      Lock icon MNCs must give and take: Yudhoyono
      547 10  -  He hopes DBS bid for Danamon will be resolved shortly By MALMINDERJIT SINGH [SINGAPORE] Indonesian President Susilo Bambang Yudhoyono warned multinationals and investors in his country’s national resources not to be greedy. He also said he was optimistic that DBS’s move to take over
      PHOTO: REUTERS  -  547 words
    • Article
      Lock icon PNB looks to double AUM to RM500b by 2020
      399 10 Malaysian fund manager plans more innovative products [KANGAR] Permodalan Nasional Bhd (PNB), one of the country’s largest fund managers, aims to increase its assets under management by more than twofold to RM500 billion (S$202 billion) by 2020. PNB currently has RM239
      399 words
    • Article
      Lock icon Dyviacom aims to raise 7t rupiah in June
      217 10 Reuters [JAKARTA] Indonesian Internet service firm PT Dyviacom Intrabumi aims to raise seven trillion rupiah (S$893.7 million) in a rights issue in June to buy shares in retailers, as it shifts to a consumer-focused business, it said yesterday. The majority of the
      Reuters  -  217 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      263 10 s.',. r v -V 4 v» ,L* v iiv \'r v Or* iv*, iv.VvT% Give The Best i j This Mother’s Day, regale the queen of your heart with an interesting twist at 1( Indulge in an amazing array of delicious seafood such as Boston Lobster and a variety of
      263 words
Page thumbnail Page 11
  • INDIA
    • Article, Illustration
      Lock icon Govt says economy has bottomed out
      408 11 6.4% growth seen this year if investment hurdles can be removed Reuters [NEW DELHI] India’s worst economic slowdown in a decade has bottomed out and growth is expected to pick up to 6.4 per cent in the current fiscal year, a top economic adviser
      Reuters; PHOTO: BLOOMBERG  -  408 words
    • Article
      Lock icon Indian companies eye IPOs in US as home demand drops
      488 11 US stocks rise to record as S&P BSE Sensex dips 1% Bloom berg [MUMBAI] Indian companies are planning to sell shares in the US for the first time since 2010, lured by rising prices in the world’s biggest market for
      Bloomberg  -  488 words
    • Article, Illustration
      Lock icon Bharti offers cable capacity to Reliance
      345 11 Bloomberg [MUMBAI] Bharti Airtel, India’s largest mobile phone operator, agreed to provide billionaire Mukesh Ambani’s competing broadband venture data capacity on its submarine cable connecting India and Singapore. Reliance Jio Infocomm, a Mumbai-based unit of Mr Ambani’s Reliance Industries Ltd, will use dedicated capacity
      Bloomberg; PHOTO: BLOOMBERG  -  345 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      83 11 RE-CORKING CLINIC2013 9 th MAY 2013 ST REGIS HOTEL SINGAPORE THE PENFOLDS RE-CORKING CLINICS OFFER THE OWNERS OF PENFOLDS WINES, WHICH ARE 15 YEARS AND OLDER, THE OPPORTUNITY TO HAVE THEM ASSESSED BY THE PENFOLDS WINEMAKING TEAM AND, IF APPROPRIATE, OPENED, TASTED, TOPPED UP AND RE-GAPSULED ON THE SPOT. EVERY
      83 words
Page thumbnail Page 12
  • GREATER CHINA/INDIA
    • Article
      Lock icon China may let life insurers pay higher returns
      546 12 Premium growth has slowed as savers turn to riskier investments Bloomberg [BEIJING] China plans to allow life insurers to pay higher returns on some policies that may make them more attractive for investors stymied by government limits on bank deposit rates. The
      Bloomberg  -  546 words
    • Article, Illustration
      Lock icon US and China put focus on cyber security
      627 12 NYT [BEIJING] The US and China held their highest-level military talks in nearly two years on Monday, with a senior Chinese general pledging to work with the US on cyber security because the consequences of a major cyber attack “may be as
      NYT; PHOTO: AP  -  627 words
    • Article
      Lock icon Quake donations pour in to private charities
      530 12 Corrupt reputation sees official groups bypassed AP [BEIJING] The devastating earthquake that struck southwest China over the weekend has drawn a flood of donations from across the country. But in contrast to the pattern after a major quake in the same region five
      AP  -  530 words
    • Article, Illustration
      Lock icon Author of tough new anti-rape laws dies
      325 12 AP [NEW DELHI] Jagdish Sharan Verma, the former Indian chief justice who helped lead the charge for tough new laws to protect women in the wake of a gang rape of a woman on a New Delhi bus, has died. He was 80.
      AP  -  325 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      379 12 KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SHERIFF’S SALE VESSEL “ONSYS AQUARIUS” In The Cause Of Admiralty In Rem No. 13 Of 2013 By Virtue of Warrant Of Arrest In Admiralty Action No. 7 Of 2013 PARTICULARS OF VESSEL Name of Vessel “ONSYS AQUARIUS” IMO Number *****22 Official Number
      379 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      346 12 SHERIFF’S SALE VESSEL “ONSYS LEO” In The Cause Of Admiralty In Rem No. 10 Of 2013 By Virtue of Warrant Of Arrest In Admiralty Action No. 4 Of 2013 PARTICULARS OF VESSEL Name of Vessel “ONSYS LEO” IMO Number *****03 Official Number *****3 Type double hull oil tanker Flag/Port of
      346 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 3
      349 12 SHERIFF’S SALE VESSEL “ONSYS ARIES” In The Cause Of Admiralty In Rem No. 11 Of 2013 By Virtue of Warrant Of Arrest In Admiralty Action No. 6 Of 2013 PARTICULARS OF VESSEL Name of Vessel “ONSYS ARIES” IMO Number *****98 Official Number *****9 Type Steel welded double hull twin screw
      349 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 4
      231 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CONSMINTRADE (CMT) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****9822W NOTICE IS HEREBY GIVEN pursuant to Section 308(1 of the Companies Act, Cap. 50, that a Final Meeting of the Members of the abovenamed
      231 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 5
      152 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GBLT SHIPMANAGEMENT PTE. LTD. (In Creditors’ Voluntary Liquidation) Reg. No. *****1867K NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Wisma BSG Jl. Abdul Muis No. 40 Jakarta
      152 words
Page thumbnail Page 13
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Potential backlash ahead, EU bank chief warns US
      498 13 Bloomberg [BRUSSELS] The European Union intensified its campaign against US Federal Reserve proposals to toughen oversight of bank units belonging to overseas lenders, warning of “potential retaliation” against the plans. Michel Barnier, the EU’s financial services chief, last week sent a three-page
      Bloomberg; PHOTO: REUTERS  -  498 words
    • Article
      Lock icon PICTET
      273 13 Pictet-Absl Rtn Glo Cons-P EUR 19/04/2013 EUR 104,82 Pictet-Absl Rtn Glo Div-P EUR 19/04/2013 EUR 118,97 Pictet-Asian Equities Ex Japan-P USD 19/04/2013 USD 175,72 Pictet-Asian Local Currency Debt-P USD 19/04/2013 USD 155,98 Pictet-Biotech-P USD 19/04/2013 USD 424,05 Pictet-Clean Energy-P USD 19/04/2013 USD 66,41 Pictet-Digital Communication-P USD 19/04/2013 USD 154,44
      273 words
    • Article
      Lock icon Tech start-ups the future for Australia
      394 13 PwC says the sector could account for 1.1% of gross domestic product by 2023 AFP [SYDNEY] Tech start-ups could be worth A$109 billion (S$138 billion) to the Australian economy by 2033 on a par with retail or education and create half a million jobs,
      AFP  -  394 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      124 13 NOTICES Singapore m m workforce WDA agency >m0n CALL FOR PROPOSAL (CFP) The Singapore Workforce Development Agency (WDA) invites prospective organisations to partner for the following: CFP No.: WDA.GSD.27.27.26.C.V1 CFP Title: CFP for the Appointment of Continuing Education and Training (GET) Centres and Programme Partners (PR) for the Service Excellence
      124 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      1676 13 and its subsidiaries (incorporated in the Republic of Singapore) Company Registration Number: *****0003D FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2012 IMPORTANT The following financial information contains only a summary of the information in the financial statements of the Finance Company and the consolidated financial statements of the
      1,676 words
Page thumbnail Page 14
  • WORLD
    • Article
      Lock icon Casinos could be in the works for Japan
      744 14 CLSA estimates gaming market could be worth at least US$10b Reuters [TOKYO] After Singapore, Japan? A pro-casino group of Japanese lawmakers has tapped an influential member of the ruling Liberal Democratic Party (LDP) as its leader and plans to submit legislation this
      Reuters  -  744 words
    • Article, Illustration
      Lock icon Isle row, shrine visit stir fresh tensions
      757 14 S Korea, China protest against Japanese move Reuters [TOKYO] Tensions flared between Japan and its Asian neighbours after a group of Japanese lawmakers visited a shrine seen by China and South Korea as a symbol of Japan’s past militarism, and Chinese patrol vessels
      Reuters; PHOTO: AP  -  757 words
    • Article, Illustration
      Lock icon Swiss push for global standard in banking secrecy
      517 14 AFP [GENEVA] Switzerland is prepared to discuss the automatic exchange of banking information in the fight against tax evasion, but only once a global standard for doing so is created, said the Swiss finance ministry. “If the automatic exchange of information becomes
      AFP; PHOTO: REUTERS  -  517 words
    • Article
      Lock icon Global survey reveals unhappiness with retail banks
      333 14 Reuters [LONDON] Banks have made little progress in improving customer service over the past year, with around half of their retail customers considering switching to a rival, according to a survey. The 2013 World Retail Banking Report from Capgemini, which polls over 18,000
      Reuters  -  333 words
    • Article
      Lock icon HSBC to shed 1,149 jobs in UK in fresh cutbacks
      408 14 Reuters [LONDON] HSBC is cutting 1,149 jobs in Britain in another round of redundancies to save money and slim down Europe’s biggest bank. These are part of a three-year revival plan by chief executive Stuart Gulliver to reduce costs, raise
      Reuters  -  408 words
    • Article, Illustration
      Lock icon No deflation scare at Fed for the moment
      998 16 Commodity price fall prompts market worries inflation could slow further Reuters [WASHINGTON] Falling commodity prices and softer growth have fanned concern US inflation could slow further, killing chances of the Federal Reserve tapering its US$85 billion a month of bond purchases any
      Reuters; PHOTO: AFP  -  998 words
    • Article
      Lock icon Investment banks set to lose US$17b
      531 16 New rules will also force some to exit bond trading as it becomes expensive Reu ters [NEW YORK] New regulations being implemented in Europe and the United States will wipe out US$17 billion in trading revenue for global investment banks and force some to
      Reuters  -  531 words
    • Article, Illustration
      Lock icon Cost of recovery may be a burden on Boston victims
      767 16 NYT [WASHINGTON] For victims of the Boston Marathon bombings, the terrible physical cost may come with a daunting financial cost as well. Many of the wounded could face staggering bills not just for the trauma care they received in the
      NYT; PHOTO: AP  -  767 words
    • Article, Illustration
      Lock icon Slovenia is eurozone’s latest liability
      769 16 It avoided cost cuts, repeatedly bailed out state banks Reuters [LJUBLJANA] Financial market pressure on Slovenia has laid bare how this tiny eurozone state achieved Europe’s smoothest transformation from a Communist economy to a mar-ket-based model: It only went half way. While former Soviet satellite
      Reuters; PHOTO: AFP  -  769 words
    • Article
      Lock icon World biotech firms make record US$5.2b profit
      687 17 E&Y report says 37% jump in 2012 partly due to slowdown in R&D spending Bloomberg [NEW YORK] Biotechnology companies worldwide boosted profit by 37 per cent to a record US$5.2 billion in 2012, partly by tempering growth in research and development spending, according
      Bloomberg  -  687 words
    • Article, Illustration
      Lock icon Thai tycoon bids US$6.6b for Siam Makro
      766 18 Country’s richest man increases debt burden to own more of retail market Reuters [BANGKOK] Thailand’s richest man is offering US$6.6 billion to buy cash-and-carry wholesaler Siam Makro pcl from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal announced this year, adding to
      Reuters; PHOTO: BLOOMBERG  -  766 words
    • Article
      Lock icon Fed yet to draw up emergency lending rules
      587 18 NYT [NEW YORK] After the Federal Reserve lent more than US$1 trillion to big banks during the 2008 financial crisis, Congress required the central bank to devise specific ways of protecting taxpayers when doling out emergency loans to financial institutions. But nearly
      NYT  -  587 words
    • Article
      Lock icon News Corp insurers to pay US$139m in lawsuits
      409 18 AP [NEW YORK] News Corp has reached a US$139 million settlement in shareholder lawsuits over the British phone hacking scandal and the controversial purchase of an entertainment company run by founder Rupert Murdoch’s daughter. The company also said on Monday that it
      AP  -  409 words
    • Article, Illustration
      Lock icon EU won’t include culture in trade talks with US
      281 18 France wants to protect its audiovisual content AFP [BRUSSELS] Policies that help protect European culture and media from the Hollywood juggernaut will not be part of EU-US trade talks set to begin later this year, European Union Trade Commissioner Karel De
      AFP; PHOTO: REUTERS  -  281 words
    • Article
      Lock icon France wants to exclude defence from negotiations
      617 18 AFP [CHICAGO] The European Union should exclude defence from upcoming free trade talks because the US has essentially closed its procurement to foreign companies, France’s trade minister said. “We know that the American public market is tightly closed and so we will not
      AFP  -  617 words
Page thumbnail Page 15
Page thumbnail Page 16
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      65 17 /JIL m Bl *iU Mb Fascination is an obsession, an unrelenting pursuit of pleasure in kX the fullest measure. 5 Jf fli«. i -T3 Jft#c A unique blend of intelligent travel, artistic tastes, dining cultures, extraordinary personalities and life's exquisite pleasures. ZbBz an exclusive bilingual magazine that presents the thinking
      65 words
Page thumbnail Page 18
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      134 19 klSS92 All the great songs m one pi LIVE LOVE KISS HUG WINK KISS DRIVE WAVE KISS DREAM DARE KISS EAT DRINK KISS SHOP TALK KISS RUN JUMP KISS SKIP STEP KISS DANCE CHEER KISS READ SLEEP KISS WISH HOPE KISS SMILE LAUGH KISS GIVE YOUR FRIENDS A KISS NOW!
      134 words
Page thumbnail Page 20
  • EDITORIAL & OPINION
    • Article
      Lock icon The beginning of the end of austerity measures?
      492 20 EDITORIAL THE evidence is mounting, and the tide of opinion is turning, against austerity essentially large public spending cuts and tax increases as the bitter pill countries need to swallow to reduce massive government debts. Last week, the International Monetary Fund, in
      492 words
    • Article, Illustration
      Lock icon Will Boston bombing help to narrow gap between govts?
      795 20  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 TRAGEDIES often bring in their wake the realisation of common vulnerabilities as well as greater clarity of vision. Hopefully, the tragedies that
      795 words
    • Article, Illustration
      Lock icon Is it time for India to do a currency reset?
      1078 20  -  Abenomics may run counter to India’s needs, but a bold devaluation will have impact REUTERS BREAKINGVIEWS By ANDY MUKHERJEE INDIA needs a Japanese-style reset. For the country to decisively escape from its self-constructed trap of extreme economic pessimism, New Delhi
      PHOTO: AFP  -  1,078 words
    • Article, Illustration
      Lock icon Tapping into seconded accounts staff
      1175 21  -  The alternatives for filling finance vacancies may be costly or time consuming By RICHARD LOI LEE TZE SHIONG The writers are partner and director respectively in the Assurance Advisory Services practice of Deloitte Singapore IN THE current economic environment when businesses are thriving with an
      PHOTO: AP  -  1,175 words
    • Article, Illustration
      Lock icon Obama must make good his climate change pledge
      952 21  -  By G PANICKER The writer was formerly with BT’s foreign desk US PRESIDENT Barack Obama seems to have ended his silence about climate change. Among the many weighty matters in his Budget proposal was this: “The President has set a goal to
      952 words
Page thumbnail Page 21
Page thumbnail Page 22
  • Transport HUB
    • Article
      Lock icon Learning from accidents
      877 22  -  While mishaps are deeply regrettable, they offer the opportunity to improve the way we do things, to safeguard seafarers in the future STRAIT TALK By DAVID HUGHES WHEN things go wrong badly wrong we need to draw lessons from them to prevent such mishaps from happening again.
      877 words
    • Article, Illustration
      Lock icon Two barge accidents, floods snarl Mississippi River traffic
      458 22 Reuters [CHICAGO] Commercial shipping traffic was moving again on the Mississippi River south of St Louis after a pair of barge accidents that forced the US Coast Guard to close the waterway over the weekend, but navigation remained severely impaired further north.
      Reuters; PHOTO: REUTERS  -  458 words
    • Article
      Lock icon Decline in tanker rates seen to last two years
      603 22 Shorter voyage duration to China will affect day rates Bloom berg [LONDON] The rout in rates for tankers that haul 20 per cent of the world’s crude is poised to last another two years as China passes the US as the
      Bloomberg  -  603 words
    • Article
      Lock icon Japanese shipbuilders Kawasaki and Mitsui start merger talks
      298 22 WP [TOKYO] Kawasaki Heavy Industries and Mitsui Engineering Shipbuilding Co, the second and fifth-largest shipbuilders and heavy machinery makers in Japan, have entered merger talks, sources said on Monday. The envisaged merger would increase combined consolidated sales to 1.88 trillion yen (S$23.4
      WP  -  298 words
    • Article
      Lock icon TRANSPORT STOCKS
      235 22 SGX '000 Apr 23 S$ +/-Vol CH Offshore 0.47 unch 20 Chuan Hup Hldg 0.27 unch 78 Cosco Corp 0.89 -0.01 1011 s$ First Ship Lea CH Offshore Freight Links unch Grand Banks.............unch unch 0 Jaya Hold Ltd 0.27 K1Ventures 0.16 unch 1587 Keppel Corp 11.30 -0.02 6381
      235 words
    • TRANSPORT HUB: AVIATION
      • Article
        Lock icon Passenger traffic at Changi grows 7.7% in March
        282 23  -  4.61m passenger movements is a historic high for the month By YOGALINGAM MARIA MALA YOGALINGAM [SINGAPORE] Singapore Changi Airport achieved a 7.7 per cent growth in passenger traffic for March, registering 4.61 million passenger movements, a historic high for the month of
        282 words
      • Article
        Lock icon Air Canada mulls country’s first plane-backed bonds
        599 23 It seeks to finance five B777s due for delivery in 2013-14 Bloomberg [MONTREAL] Air Canada is considering the country’s first securitisation of planes after it gained access this month to a financing technique that has been used by US rivals for two decades.
        Bloomberg  -  599 words
      • Article, Illustration
        Lock icon Flight delays rise amid US budget cuts
        650 23 AP [NEW YORK] Flight delays piled up all across America on Monday as thousands of air traffic controllers were forced to take an unpaid day off because of federal budget cuts, providing the most visible impact yet of Congress and the White House’s
        AP; PHOTO: AP  -  650 words
      • Article, Illustration
        Lock icon A350-1000 bounces back with BA’s order for 18 planes
        751 23 Bloomberg [LONDON] Less than a year ago, Airbus SAS was struggling to secure orders for its biggest A350 variant as airlines decried the plane as flawed. Now the company is trying to figure out how to meet resurgent demand. British Airways
        Bloomberg  -  751 words
    • TRANSPORT HUB: LAND
      • Article
        Lock icon Toyota parallel imports back on top
        465 24  -  BMW 5 Series is still No 1 PI model; no Hondas or Nissans registered in Q1 By SAMUEL EE AS expected, the number of parallel imports (PI) in the first quarter of the year was dismal, but what was surprising was that Toyota has
        465 words
      • Article
        Lock icon Mercedes takes pole position in Q1 car sales
        561 24  -  By SAMUEL EE IN a surprisingly strong showing early in the year, Mercedes-Benz streaked to the number one position in Singapore after the first three months of 2013, overtaking last year’s top make BMW. BMW has been the Republic’s most popular brand
        561 words
      • Article
        Lock icon Ford likely to post highest Q1 North American profit ever
        566 24 Line-up of new cars, led by Fusion and Focus, driving its performance Bloomberg [MICHIGAN] Ford Motor Co may post its highest first quarter North American profit ever, the latest sign the No 2 US automaker’s comeback is gaining momentum. Ford
        Bloomberg  -  566 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • Page 23 Advertisements
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      303 23 CRYPTIC CROSSWORD Across 1 Nearly last, team let up in scrummaging (11) 9 They rent out B&B perhaps (7) 10 One sober after say, tea infusion (6) 12 Appear to get level for match (7) 13 Wearing down love god in embracing love (7) 14 Embarrassed about a skirt initially
      303 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      158 24 U always! like us on B facebook/ufmlOOS follow us on twitter@ufml003 www.uf m lOOS.sg S s S s ft* s <2? ft* 0? s 9* s S'/ I 11 lllllllll DOWNLOAD THE UFM 100.3 MOBILE ARP NOW! U ALWAYS! LIKE US ON B FACEBOOK/UFM1003 I UFM v 100.5 U INVEST
      158 words
Page thumbnail Page 25
  • Article
    Lock icon SHIPPING TIMES
    2714 25 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 STXPO TBN Camden/New
    2,714 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • Page 26 Advertisements
Page thumbnail Page 27
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3200 27 Transaction date: Apr 23 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 15 11.4 8Telecom 13.5cd unch 50 13.5 13.5 13.2 13.6 10.6 0.8 11.2 64.7 Last Sale Vol Day Last Quote
      3,200 words
    • Article
      Lock icon SGX CATALIST
      226 28 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 Cvr P/E Smil +0.1
      226 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10228 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.12/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** 1.0058/ EIV local Ccy Bond 1 0205/ European Opportunities 1 1 1449/ Global China Opportunities USD!** 1 9634/
      10,228 words
    • Article
      Lock icon GLOBALQUOTE
      245 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 49.5 30 Genting HK US$ US47.5 unch ***** 49.5 47 47.5 48 3127.6 Last 260 181 TanChongInt HK248cd 245 248 4.3 2.8 8.3 4994.5 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      869 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 136.8 120.4 CIMB APAC Div 100S$D 135 135 135.9 111.7 95.8 CIMB APAC Div 100US$ US109.2 108.8 109.6 11.5 1421 1246 CIMBASEAN40 100S$D 1421 1412
      869 words
Page thumbnail Page 28
Page thumbnail Page 29
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      646 29 Apr 23 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.60 *****.35 *****.53 Jun13 *****.00 *****.00 *****.00 *****.00 *****4 *****6 Sep13 *****.00 *****.00 *****.00 *****.00 29 4101 MSCI TAIWAN INDEX FUTURES SPOT 287.26 287.26 284.25 Apr13 286.80 288.20 284.60 285.90 ***** *****5 May13 286.40
      646 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Apr 22 Index Change Change Change Change Change Change World Preliminary 1020.1 0.2 8.7 0.4 7.9 0.1 6.3 EAFE Preliminary 849.7 0.4 9.7 0.5 6.0 0.2 4.4 Europe Preliminary 1190.6 0.1 3.8
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 29 Apr 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.052 6.323 0.788 7.947 55.661 99.525 1.010 11.476 3.127 1.223 100.692 42.331 1.270 9.514 0.961 30.523 29.473 0.672 1.024 Canada 0.950 6.009
      471 words
    • Article
      Lock icon SIBOR
      66 29 Apr 23 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
      66 words
    • Article
      Lock icon PRECIOUS METALS
      138 29 Apr 23 GOLD(US$/oz) Apr 22 Apr 23 Hong Kong 1430.00 1430.00 Apr 19 Apr 22 London 1403.05 1423.86 1404.05 1424.63 Source: Thomson Reuters CAST BAR Apr 23 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 128 57 5gm 364 284 10gm 650 569
      138 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 29 Apr 23 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 26-Jul-13 0.24 6-Month BS*****W 18-Oct-13 0.25 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*****0S 0.25 01-Feb-13 100.1 5-Year N*****0T 2.375 01-Apr-17 100.05
      90 words
    • Article
      Lock icon PALM OIL
      57 29 Apr 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 13 2266.0 2265.0 2275.0 2255.0 301 3283 Jun 13 2255.0 2276.0 2285.0 2255.0 4599 ***** Jul 13 2257.0 2273.0 2288.0 2255.0 ***** ***** Aug 13 2260.0 2273.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 29 Apr 23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2694 1.2704 1.0233 1.0238 Canadian dollar 1.2067 1.2072 0.9729 0.9728 Euro 1.6104 1.6113 1.2982 1.2985 NZ dollar 1.0381 1.0390 0.8368 0.8373 Sterling pound 1.8892 1.8901 1.5229 1.5232
      155 words
    • Article
      Lock icon CHICAGO BOT
      108 29 Apr 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1417.25 1428.25 1426.75 1408.00 Jul 13 1364.25 1382.50 1380.50 1358.50 Aug 13 1309.50 1328.50 1327.25 1305.25 Sep 13 1243.00 1258.25 1257.50 1238.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13
      108 words
    • Article
      Lock icon LIFFE
      94 29 Apr 22 COCOA (£/tonne) Close Prev High Low May 13 1541 1558 1563 1538 Jul 13 1537 1555 1561 1535 Sep 13 1542 1559 1565 1539 Dec 13 1542 1559 1565 1541 COFFEE(US$/tonne) Close Prev High Low May 13 2060 2056 2069 2039 Jul 13 2082 2091 2097 2074
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      968 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Albedo Limited W*****9 Conv AlliedTech W*****2 Exer Ascendas REIT.ES.1304 Prem Asiatravel.com HoldingsW*****7 1 1 25 15 Asiatravel.com HoldingsW*****5 1.3 1 27 39 BakerTech W*****5 16.8 unch 120 1 27 2.62 26
      968 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Apr 22 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 100.01 0.56 WTI (Near Mth) 88.98 1.08 Dubai (1-Mth F) 97.98 0.54 Tapis blend 104.18 0.52 Minas 99.68 1.02 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 90.72 unch Jet Kerosene 111.65 -0.30 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 29 Apr 23 Apr s$ Bid Offer 1-month 1.2405 1.2409 2-months 1.2404 1.2409 3-months 1.2404 1.2410 6-months 1.2401 1.2412 Source: OCBC
      23 words
    • Article
      Lock icon LONDON METALS
      65 29 Apr 22 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1865.25 1859.75 3 months 1893.00 1887.00 Copper, Grade A(US$/tonne) Cash 6906.50 6961.00 3 months 6935.00 6990.00 Lead(US$/tonne) Cash 1988.75 1998.25 3 months 2010.00 2020.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      65 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Apr 23 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.302 1.240 Can dollar 1.236 1.178 Euro 1.657 1.579 Sterling pound 1.932 1.858 NZ dollar 1.079 1.018 US dollar 1.265 1.205 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 29 Apr 23 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12
      157 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      83 30 AFFORDABILITY CALCULATOR Helps you determine how much loan you can get based on your budget for monthly payments. www.stproperty.sg/property-tool Key in your budget for monthly property payments Choose your loan tenure and interest rate t iT" S At STProperty.sg, your ideal property isn’t hard to find. Pw y s Download
      83 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      31 31 Stocks simple profit Track bankers,follow trend HomilySoftware for Phon Free Now scan QR 01 search 'Homily 7 in store Key URL in Chrome or Safari Shortcut URL: http://ezkey.in y *****752 www.apitaImaster.com.sg
      31 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 2
      111 31 Asian growth. Portfolio growth. Who can help you connect the two? At UBS, we have dedicated teams of wealth management specialists around the region, tapping into our in-depth research and global resources to give you the financial insights you need to take advantage of investment opportunities in the market. To
      111 words
Page thumbnail Page 32
  • executive Money
    • Article, Illustration
      Lock icon Japanese market is still attractive
      1071 32  -  Risk/reward is improving elsewhere in Asia, writesJONATHAN JONATHAN GARNER The writer is chief equity strategist, Asia/GEMs at Morgan Stanley JAPANESE equity markets continue to react favourably to the country’s unfolding economic reforms. As Japan launches the “third arrow” of Prime Minister Shinzo Abe’s three-part economic
      Source: Morgan Stanley Research  -  1,071 words
    • Article, Illustration
      Lock icon Dark days of working the Big Con
      1074 30  -  In the early days of stocks and shares, swindlers preyed on the rich and gullible By AMY READING The writer is the author of “The Mark Inside: A Perfect Swindle, a Cunning Revenge and a Small History of the Big Con” IN the
      FILE PHOTO  -  1,074 words
    • Article, Illustration
      Lock icon Opportune time to buy a home in US
      1294 31 While speculative investing may re-emerge, it could be tempered by spectre of crashing prices NYT SINCE 1997, we have lived through the biggest real estate bubble in US history followed by the most calamitous decline in housing prices that the country has
      NYT; PHOTO: AFP  -  1,294 words
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      60 32 Deutsche Bank db.com Only a strong bank can shape change. This advertisement has been approved and/or communicated by Deutsche Bank AG and appears as a matter of record only. The services described in this advertisement are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with
      60 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 2
      16 32 US REAL ESTATE There’s never been a better time to lock in mortgage rates PAGE 31
      16 words