The Business Times, 30 January 2014

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

Microfilm: NL32958
Total Pages: 26
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, January 30, 2014
    25 words
  • Article
    Lock icon More social spending not ‘a fiscal drain on economy’
    779 1  -  It’s expected to create jobs and fresh growth areas for Singapore BUDGET 2014 By leeuwen@sph.com.sg LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The government’s clear message that its priorities lie in raising social spending need not be seen purely as a greater fiscal drain
    779 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,047.93 (-14.48) HST INDEX FUTURES 3,048.00 (-14.00) HSIMSCI 347.47 (-1.55) HSIMSCI FUTURES 345.80 (-2.60) US$ S$ US$ (S$ per US$) 1.274 (US$/S$ per 1.658 2.112 EURO (US$/S$/€ 1.366 1.741 Foreign currency per US$ S$ YEN 103.20 81.00 RM 3.332 2.615 HK$ 7.763 6.093 BAHT 32.91 25.83 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,789.23 +7.98 NIKKEI 225 15,383.91 +403.75 HANG SENG 22,141.61 +180.97 SET INDEX 1,271.42 -0.37 JAKARTA COMP 4,417.35 +75.70 MANILA COMP 6,069.84 +47.03 SEOUL COMP 1,941.15 +24.22 SHENZHEN B 848.59 +5.97 MUMBAI IND 20,647.30 -36.21 11am EST Change DOW 15,813.03 -115.53 NASDAQ 4,074.22 -23.74
      48 words
    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 14.891 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 BRITAIN Source: Bloomberg
      20 words
  • Article
    Lock icon EM currency rout may hit profits of Europe, US and Japan MNCs
    748 1  -  Exports to nations with major currency devaluations could suffer big falls By NEIL BEHRMANN in London THE emerging market (EM) currency rout is expected to dent profitability of European, US and Japanese multinational companies. Such has been the
    748 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      91 1 S’PORE ECONOMY Consumer confidence stays stable in Q4 PAGE 9 PROPERTY Half stake in Finexis Building sold at $2,300 psf PAGE 25 COMPANIES Most Reits put up good showing in Q4 PAGE 8 BUYING SPREE GIC buys stake in Australian student-hostel group PAGE 4 8"*****1"*****4 SINCERE FINE WATCHES Takashimaya Shopping
      91 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Pioneer S’poreans to receive ‘a little hongbao’: PM Lee
      525 2  -  Govt working on package to honour group as Singapore turns 50 By peckming@sph.com.sg CHUANG PECK MING peckming@sph.com.sg [SINGAPORE] In a move to honour senior citizens who have played a part in building Singapore, Prime Minister Lee Hsien Loong said in his
      525 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      323 2 Upping social spending ‘not a drain on nation’s resources’ RAISING social spending need not be seen as a greater fiscal drain on Singapore’s resources, say analysts. FRONT PAGE EM currency rout may hit profits of MNCs THE emerging market currency rout is expected to dent profitability of European,
      323 words
    • Article
      Lock icon More locals employed amid tighter foreign hiring
      512 2  -  Higher-wage earners bore the brunt of stricter regulations By LEE MEIXIAN leemx@sph.com.sg [SINGAPORE] Restructuring pains at the centre of the government’s productivity drive are showing up in Singapore’s most recent employment numbers. It appears that the hiring of locals grew more quickly in
      512 words
    • Article, Illustration
      Lock icon M’sian consumer confidence at lowest ebb since 2009: poll
      498 2  -  MIER’s index drops below 100-pt mark at 82.4 pts in Q4 ‘13 By S JAYASANKARAN in Kuala Lumpur CONSUMER confidence in Malaysia has plummeted to its lowest level since the 2009 global financial crisis, a new survey has revealed. From its
      PHOTO: REUTERS  -  498 words
    • Article
      Lock icon Singapore does well in protection of IP rights
      468 2  -  It ranks fourth on a list of 25 countries in a study by GIPC By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The Republic has fared strongly in terms of its protection and enforcement of intellectual property (IP) rights, according to the findings of a
      468 words
    • Article
      Lock icon GIC buys stake in Australian student-hostel group
      617 4  -  It partners Macquarie Capital in buying Iglu, which has A$150m property portfolio By feldac@sph.com.sg FELDA CHAY feldac@sph.com.sg [SINGAPORE] GIC, in the midst of a buying spree, has invested in a young Australian student-accommo-dation company through a joint venture with Macquarie Capital. They are
      617 words
    • Article, Illustration
      Lock icon Gift companies report brisk orders for CNY hampers
      742 4  -  But they expect slimmer margins due to high costs By SHEENA TAN tsheena@sph.com.sg [SINGAPORE] It seems corporate budgets for gifting have held up this festive season. Based on hamper orders up to the third week from Chinese New Year, gift companies have
      742 words
    • Article, Illustration
      Lock icon No New Year reunion for some China workers
      716 4 Money and pride keep them away from their families AFP [BEIJING] As millions join the world’s largest annual human migration, some in China will not return home for the New Year, fearing the rising costs of seasonal gifts and ridicule from their
      AFP; PHOTO: AFP  -  716 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      26 2 CELEBRATING CNY, INDIAN STYLE SIDDHARTH MALHOTRA’S TIPS TO IMPRESS GIRLS GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      26 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      72 3 k-Z s 1 r, a xijt Afe* fe 9 m o V y ...M I m Mil r \V PIAGET GOUVERNEUR Piaget Manufacture movement 882P Mechanical self-winding chronograph Flyback, dual time Pink gold, sapphire case-back Alligator strap PiageT piaget.com m m m PIAGET Boutiques: 02-12A Takashimaya Shopping Centre, Ngee Ann
      72 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      66 4 www.itshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE COMING SOON! 27th FEB 2nd MAR 2014 MARINA BAY SANDS SINGAPORE EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX, WORLD
      66 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon CDLHT Q4 DPS up marginally at 2.92 cents
      597 5  -  Strong contribution from Maldives offset weaker overall performance By ONG CHOR HAO ongch@sph.com.sg CDL Hospitality Trusts (CDLHT) reported a distribution per stapled security (DPS) of 2.92 cents for the fourth quarter, 0.7 per cent higher than the year before, as strong contribution
      597 words
    • Article
      Lock icon Tuan Sing Q4 net falls 68% to $25.3m
      421 5  -  By raphlim@sph.com.sg RAPHAEL LIM raphlim@sph.com.sg TUAN Sing Holdings posted a 68 per cent year-on-year decline in fourth-quarter net profit on slower property sales and fair-value adjustments, the developer and industrial equipment supplier said yesterday. Net profit for the period ended Dec 31,
      421 words
    • Article, Illustration
      Lock icon STATS ChipPAC posts US$6.1m loss in Q4
      351 7  -  Revenue falls 17.8% to US$395m; fullyear loss US$41.5m By FELDA CHAY feldac@sph.com.sg STATS ChipPAC made a US$6.1 million loss in its fourth quarter, bringing the full-year loss to US$41.5 million, as revenues tumbled. The Q4 result translates to a loss per share of
      ST FILE PHOTO  -  351 words
    • COMPANY BRIEFS
      • Article
        Lock icon Blumont gives details on Australian target
        73 7 BLUMONT Group, now in a takeover bid of Australian-listed miner Genesis Resources (GES), yesterday released more details on GES’ Plavica project in Macedonia. Though the seven concession licences that GES’ joint venture partner holds there expire this April, GES has a “reasonable expectation” of
        73 words
      • Article
        Lock icon New deals buoy Multi-Chem’s Q4 profit
        79 7 IT distribution specialist Multi-Chem has raised its Q4 net distributable income eight-fold to $1.89 million from $213,000, thanks to new contracts. Revenue rose 32 per cent to $81.76 million from $61.87 million. For the full year to end-December 2013, however, income fell to just
        79 words
      • Article
        Lock icon Hwa Hong’s Q4 earnings up 11%
        77 7 HWA HONG Corp’s Q4 attributable profit rose 11 per cent to $2.69 million, from $2.42 million. Revenue for the October-December 2013 quarter increased 18 per cent to $6.85 million, from $5.8 million. For the full year, net profit was $8.63 million, compared to $7.05
        77 words
    • Article
      Lock icon SGX A50 futures hit record 21.9m contracts last year
      378 7  -  SGX is also inviting feedback on a consultation paper on the modification of rubber futures By ANDREA SOH sandrea@sph.com.sg THE Singapore Exchange’s China A50 Futures its second most widely traded equity index contract continued on its upward trajectory last year, hitting
      378 words
    • Article
      Lock icon Most Reits raise DPU despite US tapering
      902 8  -  Their debt is locked at favourable rates, ahead of inevitable rise in interest rates By MINDY TAN By tanmindy@sph.com.sg MOST real estate investment trusts (Reits) here improved on their distribution per unit (DPU) in the last reported quarter, despite a less-than-rosy outlook in
      902 words
    • Article, Illustration
      Lock icon CRCT’s Q4 DPU dips 4.3% to 2.20 cents
      551 8  -  Income available for distribution rises 5.6% to $17.7m By MINDY TAN tanmindy@sph.com.sg CAPITARETAIL China Trust’s (CRCT) distribution per unit (DPU) for the fourth quarter ended December dipped 4.3 per cent to 2.20 cents, despite income available for distribution rising 5.6 per cent
      551 words
    • Article, Illustration
      Lock icon AIMS AMP Reit’s Q3 DPU up 7.4% at 2.77 cents
      398 8  -  By MINDY TAN tanmindy@sph.com.sg AIMS AMP Capital Industrial Reit’s distribution per unit (DPU) for the third quarter ended December rose 7.4 per cent to 2.77 cents from 2.58 cents a year ago. This was on the back of distribution to
      398 words
    • Article, Illustration
      Lock icon Maybank Singapore appoints new CEO
      239 8  -  By JAMIE LEE leejamie@sph.com.sg MAYBANK Singapore has appointed Lim Hong Tat as its new CEO, with immediate effect. Mr Lim was previously head of community financial services in Malaysia. He will take over from Pollie Sim, who has been appointed CEO, International for Maybank Group.
      239 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      622 5 TALKMED GROUP LIMITED (Company Registration No. *****4555Z) (Incorporated in the Republic of Singapore on 10 September 2013) Placement of 105,143,000 New Shares at $0.20 for each Share, payable in full on application The Board of Directors of TalkMed Group Limited (the "Company”) is pleased to announce that, as at the
      622 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      733 5 WATS NOTICES INTERNET TECHNOLOGY GROUP LIMITED (Incorporated in Singapore) Company Registration No. *****3068K PROPOSED VOLUNTARY DELISTING OF INTERNET TECHNOLOGY GROUP LIMITED RESULTS OF EXTRAORDINARY GENERAL MEETING 1 INTRODUCTION The Board of Directors (the "Board") of Internet Technology Group Limited (the “Company") refers to the circular dated 7 January 2014 (the
      733 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 3
      719 5 NutritionPark.com Largest Range! Longest Warranty! ZANFIT VWALK VI 8 Great for senior citizens to do brisk walking. 3 workout programs. 1 Max 6km/h. Foldable. 2 years warranty. $2,300 $760 ZANFIT VTREAD V31 15 goal-specific programs: Slow Jog, Advanced Fat Burner, Power Trainer,! Slow Walk, etc. 1 km/h to 12km/h. LCD
      719 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Sellers return, STI drops back 14.48pts
      614 6  -  Tuesday’s rebound more likely due to short-covering; market not totally taken aback STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent AFTER a one-day respite on Tuesday, the selling resumed yesterday with the Straits Times Index dropping 14.48 points to 3,047.93, a fall which came despite a
      Source: Bloomberg  -  614 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 6 Jan 29 VALUE CLOSE BT OB/OS -794.00-184.00 BT CADI -*****.00 -71.00 BT 10-day MA -*****.00 -79.00 FTSE ST Mid Cap 706.86 +0.73 FTSE ST Small Cap 527.75 -1.98 FTSE ST All Share 742.26 -2.74 FTSE ST China Top 196.07 -0.39 FTSE ST China 222.39 -0.41 FTSE ST
      76 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 5 3 0 0 0 3 5 3 Manufacturing 35 57 37 4 8 10 39 65 47 Commerce 18 19 17 2 6 4 20 25 21 Tpt/Stor/Comms 12 13 13
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon SMRT Corporation
        200 6 Jan 29: $1.165 Maybank Kim Eng, Jan 29 SMRT reported another disappointing set of numbers for Q3 FY2013/14, with net profit plunging 44 per cent y-o-y to $14.2 million. The combined operating loss for its fare-based business stood at $9.0 million, reflecting the challenging business environment for public
        200 words
      • Article, Illustration
        Lock icon CDL Hospitality Trusts
        254 6 Jan 29 close: $1.605 CIMB Research, Jan 29 FOR FY2013, CDL Hospitality Trusts (CDL-HT) registered a drop in both net property income (NPI) and distributable income by 1.4 per cent and 3.1 per cent, respectively. Revenue per available room (RevPAR) for the quarter dropped to $187, due
        Source: Bloomberg  -  254 words
      • Article
        Lock icon Global Premium Hotels
        456 6  -  Compiled by JOYCE HOOI Jan 29 close: $0.27 OCBC Investment Research, Jan 29 Q4-2013 results for Global Premium Hotels (GPH) were in line with our expectations. Total revenue fell 1.4 per cent y-o-y to $15.0 million and gross profit rose 0.9 per cent to $13.2 million. Q4
        456 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,918 20,918 79,567 79,567 Manufacturing 280,539 123,903 404,442 98,752 5,802 104,554 Commerce 191,153 373,835 564,988 92,249 29,024 121,274 Tpt/Stor/Comms 66,777 3,795 70,572 127,017 393 127,410 Finance 24,481 59 24,540 184,538 18 184,556 Construction 52,375 169,113
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      134 6 Stock name Close Change CapMahsAsia 1.795 -0.0 JO CapitoLand 3 800 CapftaMoll 1.880 -0.040 City Dev *000 0.130 ComlortDelQio T 930 ♦H020 Ok: Grp 16 5J0 O. ISO GLI* 2 8)0 0 071/ Coming 1.416 4.0.OI0 Golden Aqrl 0-5 IS +6 005 HK land 6 070
      134 words
    • Article, Illustration
      Lock icon Won makes biggest jump in 6½ months
      501 6 CURRENCIES Reuters [SINGAPORE] The South Korean won posted its biggest gains in 6½ months yesterday, leading a relief rally among emerging Asian currencies as a huge interest rate hike by Turkey’s central bank calmed markets after several days of turmoil. Turkey followed India
      Reuters; PHOTO: REUTERS  -  501 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Albedo 236,343,000 Charisma Energy 114,473,000 KLW Hldgs 84,412,000 HanKore 65,271,000 Vallianz Hldgs 64,558,000 Oceanus 56,130,000 CCM Grp 53,869,000 Federal Int 51,897,000 China Bearing 45,999,000 Transcu Grp 44,062,000 VALUE($) SingTel 75,084,216 DBS Grp 67,552,987 OCBC Bk 62,195,410 GLP 61,019,306 Keppel Corp 56,078,002 SuntecReit 43,824,275 UOB 42,739,605 Wilmar
      56 words
    • Article
      Lock icon RISES
      119 6 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 307.7 1.5 Hyflux 6% CPS 10 ***** 266.0 2.6 DBXT MSKorea 10US$ 5974 208.9 2.8 Pan Ocean 100 500 150.0 42.9 DBXT FTChina25 10US$ 2747 51.0 1.5 DBXT MSINDO 10us$ 1200 44.6 3.0 Lyxor MS India 10US$ 1300 44.6 2.8
      119 words
    • Article
      Lock icon FALLS
      128 6 BY CENTS CLOSE DOWN SPDR DJIA 10US$ ***** -290.4 -1.4 DBXT MSAsExJp 10US$ 3242 -187.2 -4.3 DBXT MSJAP 10US$ 4599 -141.4 -2.4 JSH 3244 -61.1 -1.5 DBXT Nifty 10US$ ***** -43.3 -0.3 Kep Corp.ES.1401 1053 -43.0 -3.9 DBXT MSCHINA 10US$ 1189 -42.0 -2.7 Jardine C&C 3549 -35.0 -1.0 GLD
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      31 8 HOW ARE YOU LIVING THE NEW YEAR? DO ONE RANDOM ACT OF KINDNESS DAILY LOVE MORE TRY SOMETHING NEW EVERYDAY SPEND MORE TIME WITH MUM BE A BETTER LISTENER KISS MORE
      31 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      46 8 HOT PROPERTY SEMl-D ||y aiiict bourhoodof JlnpSp ne,gh Ur0n9 F n3 0 o N o/' G f/s nn WIDE OHQ cond. Near future MR* HOUSES FOR SALE Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT-SELL IT-FIND IT
      46 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 3
      11 8 CATS Recruit The first step oh your ladder to success WATS
      11 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S’pore consumer confidence stays stable in Q4
      434 9  -  A quarter concerned about job prospects but optimism about finances stays firm By JACQUELYN CHEOK jaccheok@sph.com.sg WHILE consumer confidence in Singapore remained stable in the fourth quarter of 2013, almost one in four consumers here frets about future job prospects. According to the
      PHOTO: BLOOMBERG  -  434 words
    • Article
      Lock icon S’pore can bide its time in new gas deals: paper
      667 9  -  Supply situation lets Republic hold back for optimum pricing By RONNIE LIM ronnie@sph.com.sg AS Singapore’s current long-term LNG and piped gas contracts with Indonesia and Malaysia can meet most of its needs in coming years, and with gas demand here
      667 words
    • Article, Illustration
      Lock icon SMEs urged to upgrade capabilities
      274 9  -  By RAPHAEL LIM raphlim@sph.com.sg LOCAL small and medium enterprises (SMEs) need to upgrade their capabilities and explore overseas to stay competitive in the global economy, said Minister of State for Trade and Industry Teo Ser Luck yesterday. Mr Teo made these comments while on a
      274 words
    • Article
      Lock icon Firms must do more for work safety: Tan Chuan-Jin
      299 9  -  By KENNETH LIM kenlim@sph.com.sg MANPOWER Minister Tan Chuan-Jin has urged all companies to take ownership of workplace safety and health after a spate of fatal accidents this year. “2014 has started on a sombre note,” Mr Tan wrote in the Ministry
      299 words
    • Article
      Lock icon EV road trials to prepare for a driverless era
      386 9  -  By GRACE LEONG By gleong@sph.com.sg MORE than 100 electric vehicles (EVs) developed by Chinese automaker BYD will be deployed on Singapore roads from the second quarter, as part of a planned $24 million R&D initiative by the Warren Buffett-backed firm. The
      386 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      1154 9 SWIFT TECHNICAL (SINGAPORE) PTE. LTD. (Company Registration No. *****4445R) (the "Company") NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore (the "Companies Act"), that at an Extraordinary General Meeting of Swift Technical (Singapore) Pte. Ltd. (the "Company") deemed to
      1,154 words
Page thumbnail Page 10
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Lira’s plunge hits Malaysian firms with ops in Turkey
      401 10 MAHB’s Turkish unit posts higher Q4 loss; another firm likely to be affected is IHH [PETALING JAYA] Volatility in the foreign-exchange market is wreaking havoc on Malaysian companies with big business overseas, particularly those with operations in Turkey as the country
      PHOTO: BLOOMBERG  -  401 words
    • Article, Illustration
      Lock icon Jakarta to impose export quotas for minerals soon
      367 10 Reuters [JAKARTA] Indonesia will issue export quotas for processed minerals and concentrates soon, a senior mines ministry official said, the latest policy step tied to controversial government efforts to take greater control over shipments of its natural resources. The government is trying
      Reuters; PHOTO: REUTERS  -  367 words
    • Article
      Lock icon Manufacturing to form bulk of NCER projects
      509 10 Northern Corridor zone targeted to create 8,000 jobs [KUALA LUMPUR] Projects in Malaysia’s manufacturing sector will form the bulk of the RM10 billion (S$3.82 billion) investments targeted for the Northern Corridor Economic Region (NCER) this year. Along with projects in the tourism and
      509 words
    • Article
      Lock icon 2 M’sia firms in close fight for Project 3B
      622 10 [PETALING JAYA] The decision to award the RM11 billion (S$4.2 billion) Project 3B to build a 2,000 megawatt (MW) coal-fired power plant is “going down to the wire”, with the main contenders YTL Power International and 1Malaysia Development (1MDB) in a
      622 words
    • Article
      Lock icon Pertamina to Merpati: cash terms only
      206 10 Reu ters [JAKARTA] Indonesian state-owned energy company Pertamina will only supply jet fuel to debt-laden PT Merpati Nusantara Airlines if it pays in cash, throwing into question the airline’s ability to remain operational. Merpati has twice breached its maximum debt limit allowed by Pertamina
      Reuters  -  206 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      76 10 Myanmar Supply Chain Management Conference 2014 4-6 March 2014 Traders Hotel, Yangon www.mscm.sphereconferences.com New Dates, New Pricing! Early bird discounts till 1st Dec 2013. Save up to USD 441 Opening Address by H.E U Nyan Htun Aung, Minister for Transport, Union of Myanmar U Aung MawThein Myanmar Distribution Group w
      76 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      24 10 WWW o my sg nr or 5 ft. X hi s eat.omy.sg 0 0 i.'-iir 0 0 s^0 omy Showbiz OS AppStore Google Play
      24 words
Page thumbnail Page 11
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China may implement Tobin tax
      995 11 Currency traders undeterred as yuan climbs to 20-year high against US$ Bloomberg [NEW YORK] Currency traders are disregarding China’s warnings that the world’s second largest economy may implement a Tobin tax to deter speculators. A measure of anticipated volatility in the yuan plunged this year
      Bloomberg; PHOTO: BLOOMBERG  -  995 words
    • Article, Illustration
      Lock icon Profit growth slows at ICICI Bank
      395 11 Reu ters [MUMBAI] India’s ICICI Bank posted its slowest quarterly profit growth in four years as the ability of corporate borrowers to repay loans declined and the amount of funds set aside for bad debt almost doubled. India’s biggest private sector lender, like rivals
      Reuters; PHOTO: BLOOMBERG  -  395 words
    • Article
      Lock icon Bharti Airtel doubles Q3 profit to 6.1b rupees
      457 11 Reu ters [NEW DELHI] Bharti Airtel Ltd, India’s top phone carrier, missed expectations but still reported its first quarterly profit rise in four years as the embattled domestic market turns the corner after a years-long price war. Consolidated net profit for the
      Reuters  -  457 words
    • Article
      Lock icon Alibaba’s growth rate slows ahead of IPO
      345 11 But it swung from a loss a year ago to US$792m in income Reu ters [SAN FRANCISCO] Alibaba Group Holding’s scorching growth may be cooling off but just ever so slightly. The privately held Chinese online marketplace posted 51 per cent revenue growth
      Reuters  -  345 words
    • Article
      Lock icon China’s foreignreserves investment chief resigns
      271 11 Bloomberg [BEIJING] China’s official in charge of investing the world’s largest foreign-exchange reserves left the government agency that oversees the holdings, according to a person with direct knowledge of the situation. Zhu Changhong is no longer an employee at the State Administration of Foreign Exchange
      Bloomberg  -  271 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      21 11 FEBRUARY ISSUE OUT NOW! NOW AVAILABLE IN DIGITAL EDITION FOR TABLETS AND SMARTPHONES! 50%OFF1-YEAR DIGITAL SUBSCRIPTION DOWNLOADTORQUESINGAPORE FROM THESE PLATFORMS: WWW.TORQUE.COM.SG
      21 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      101 11 Experience it for yourself. Exhibit at c 2c air Singapore Gifts Premiums Fair 2014 16-18 July 2014 Marina Bay Sands, Singapore www.SGPFair.com Impressions of SGPFair 2013 ...This year's leads seem to be of better quality! BIC PRODUCT (SINGAPORE) Quality crowds FOUR SEASONS GIFTS Visible A&P exposure in main media. SASHA'S
      101 words
Page thumbnail Page 12
  • WORLD
    • Article
      Lock icon Global FDI flows to hit US$1.6t this year: report
      606 12  -  52% of FDI last year went to developing nations, particularly in Asia, says Unctad By D RAVI KANTH in Geneva GLOBAL foreign direct investment (FDI) inflows are projected to increase to US$1.6 trillion this year from US$1.46 trillion last year, despite
      606 words
    • Article, Illustration
      Lock icon Obama pledges solo action on jobs, wages, retirement
      785 12 NYT [WASHINGTON] After five years of fractious political combat, President Barack Obama declared independence from Congress on Tuesday as he vowed to tackle economic disparity with a series of limited initiatives on jobs, wages and retirement that he will take without legislative
      NYT; PHOTO: REUTERS  -  785 words
    • Article, Illustration
      Lock icon Falling yen may hurt recovery: fund managers
      813 12 With big amount of imports, weaker yen is problematic Bloomb erg [TOKYO] Prime Minister Shinzo Abe’s weakening of the yen through stimulus measures may be in danger of becoming too much of a good thing, according to Fukoku Capital Management Inc. “There’s the
      Bloomberg; PHOTO: BLOOMBERG  -  813 words
    • Article
      Lock icon US banking body warns of risky deals, loan bubble
      860 12 Reuters [NEW YORK] A US bank regulator is warning about the dangers of banks and alternative asset managers working together to do risky deals and get around rules amid concerns about a possible bubble in junk-rated loans to companies. The Office
      Reuters  -  860 words
    • Article, Illustration
      Lock icon Thai police to be deployed for Feb 2 election
      702 13 Yesterday’s street protests saw just 500 people taking part Reuters [BANGKOK] Thailand’s government will deploy 10,000 police in the capital for Sunday’s election, which protesters have promised to disrupt as part of their drawn-out attempt to topple Prime Minister Yingluck Shinawatra.
      Reuters; PHOTO: REUTERS  -  702 words
    • Article
      Lock icon Neighbouring economies gain from Thailand’s turmoil
      1059 13 Funds pulling out money, long-term investment hit Bloomberg AFP [KUALA LUMPUR] Three months of political turmoil in Thailand is starting to benefit neighbouring economies, as fund managers pull money from the country, long-term investments are reconsidered and tourists avoid Bangkok. Foreign investors have withdrawn
      Bloomberg; AFP  -  1,059 words
    • Article, Illustration
      Lock icon Germany at odds with ECB over bank fund
      657 13 Bloomb erg [BRUSSELS] German Finance Minister Wolfgang Schaeuble squared off with the European Central Bank (ECB) over the pace of pooling bank levies in a euro-ar-ea resolution fund, potentially slowing the proposal’s progress into law. ECB Executive Board member Benoit Coeure said
      Bloomberg; PHOTO: BLOOMBERG  -  657 words
    • Article
      Lock icon Big banks meet Basel norms 5 years ahead of deadline
      376 13 Bloomberg [LONDON] The world’s biggest banks exceed or comply with capital levels under regulators’ Basel 3 proposals five years before deadline, according to Fitch Ratings. The average ratio of capital to assets weighted by risk is 10.1 per cent at
      Bloomberg  -  376 words
    • Article
      Lock icon BOE deals with Scotland’s currency issue
      613 14 Politicians divided about independence yet keeping sterling Reu ters [EDINBURGH] Bank of England (BOE) governor Mark Carney stepped into the heated build-up to Scotland’s independence referendum when he spoke here yesterday about whether the country could break from Britain but keep the pound. Mr
      Reuters  -  613 words
    • Article, Illustration
      Lock icon A quiet 60th birthday for largerthan-life Oprah
      337 14 A quiet 60th birthday for larger-than-life Oprah Reuters [LOS ANGELES] Fifty came with a televised bash, celebrity friends and a black-tie dinner, but Oprah Winfrey was planning a low-key 60th birthday at home in California yesterday. The billionaire media entrepreneur was set to have a “quiet dinner” in the seaside
      Reuters; PHOTO: BLOOMBERG  -  337 words
    • Article
      Lock icon Need for concerted efforts in monetary policy transition: IMF
      512 14  -  Markets are still over-dependent on liquidity provided by central banks By ANTHONY ROWLEY in Tokyo THE global financial system has become more stable in recent months as the process of normalising monetary policy in the US has begun, but the “trillion-dol-lar
      512 words
    • Article, Illustration
      Lock icon Russian billionaires bristle over stock selloff
      584 14 Bloomb erg [NEW YORK] Two of Russia’s billionaires have had enough of this year’s stock market selloff. Sergey Galitskiy, the owner of grocery chain OAO Magnit, fumed over his stock’s 19 per cent plunge this month, saying on a Jan 27 conference call that
      Bloomberg; PHOTO: BLOOMBERG  -  584 words
    • Article, Illustration
      Lock icon Wine auctions dip on weak Bordeaux demand
      830 14 China clampdown on gift-giving also depresses prices Bloomberg [LONDON] Wine sales by leading world auction houses declined for the second year as muted collector appetite for recent Bordeaux vintages and a clampdown by China on gift-giving sent prices lower. Sales by Acker Merrall
      Bloomberg; PHOTO: BLOOMBERG  -  830 words
    • Article, Illustration
      Lock icon Yahoo’s revenue dips as advertisers pull back
      901 15 Its fourth-quarter revenue of US$1.27b is down 6% from a year ago NYT [SAN FRANCISCO] Under the turnaround plan devised by Yahoo’s chief executive, Marissa Mayer, the company gained traffic and mobile users in 2013 and introduced a bevy of products, like a
      NYT; PHOTO: BLOOMBERG  -  901 words
    • Article, Illustration
      Lock icon Ukraine tension chills EU-Russia summit
      1108 15 Talks last only three hours instead of the usual two days NYT [BRUSSELS] President Vladimir Putin of Russia has for years trumpeted grand ambitions for Moscow’s relations with the European Union, pushing to break down visa barriers and urging the creation of what he calls
      NYT; PHOTO: AFP  -  1,108 words
    • Article
      Lock icon Intesa Sanpaolo repays ECB loans worth 36b euros
      277 15 Reuters [MILAN] Intesa Sanpaolo has paid back in full the 36 billion euros (S$63 billion) in cheap three-year loans from the European Central Bank (ECB), Italy’s top retail bank said on Tuesday, the first Italian bank to do so. Intesa said that
      Reuters  -  277 words
    • Article
      Lock icon UK approvals for mature oil & gas projects hit record
      403 15 UK approvals for mature oil gas projects hit record Green light for 26 incremental North Sea projects in 2013 Reuters [LONDON] Britain last year approved a record number of plans to expand existing oil and gas projects, a Deloitte report said, showing that the state’s incentive plan to help squeeze
      Reuters  -  403 words
    • Article
      Lock icon AT&T fends off competition, posts better-than-expected profit
      441 15 NYT [SAN FRANCISCO] AT&T finished 2013 strong despite aggressive moves from T-Mobile US, the smaller wireless carrier. AT&T reported on Tuesday a profit of US$6.9 billion for the fourth quarter, compared with a loss of US$3.9 billion during the period a year earlier,
      NYT  -  441 words
    • Article, Illustration
      Lock icon EU blueprint for big banks slammed
      604 16 Critics say lobbyists have tempered draft law on lenders’ risk-taking Reu ters [BRUSSELS] Europe unveiled a blueprint to isolate some risky trading at big banks yesterday, which critics dismissed as a limp challenge to their dominance. After the collapse of Wall Street’s Lehman Brothers
      Reuters; PHOTO: REUTERS  -  604 words
    • Article, Illustration
      Lock icon Canon finally appoints its first outside directors
      427 16 Reuters [TOKYO] Canon Inc has appointed its first outside directors, ending years of high-profile resistance to opening up its boardroom as pressure mounts on Japan’s big companies to improve governance and better manage risks. The camera maker’s long-serving chief executive Fujio Mitarai, who
      Reuters; PHOTO: REUTERS  -  427 words
    • Article
      Lock icon Google’s EU antitrust case could be settled soon
      480 16 Reuters [BRUSSELS] Google is close to settling a three-year antitrust probe by European regulators after it offered “much better” concessions to allay concerns over blocking rivals from Internet search results, two sources said yesterday. A settlement under the European Commission’s competition rules
      Reuters  -  480 words
    • Article
      Lock icon Eurozone money supply growth slows
      632 16 December also sees loans to private sector shrink by 2.3% compared to year-ago period Reuters [FRANKFURT] Eurozone money supply growth slowed sharply in December and loans to the private sector contracted further, putting pressure on the European Central Bank (ECB) to take fresh action to
      Reuters  -  632 words
    • Article, Illustration
      Lock icon Barclays to shut UK branches gradually
      476 16 Reuters [LONDON] Barclays will close bank branches in Britain “over time” due to changes in technology and customer behaviour, but has no plans for significant closures or a target for how much of its network will shut, it said yesterday. The bank was reacting
      Reuters; PHOTO: BLOOMBERG  -  476 words
  • Page 12 Advertisements
Page thumbnail Page 13
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16
  • Page 16 Advertisements
Page thumbnail Page 17
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon American Airlines’ profit beats expectations
      494 17 Fare rise, lower fuel costs and strong demand trends push up its shares by 4% Reuters [FORT WORTH, Texas] American Airlines Group, the world’s biggest carrier following a merger with US Airways last year, reported better-than-expected adjusted profit and revenue as fares climbed and fuel
      Reuters; PHOTO: BLOOMBERG  -  494 words
    • Article
      Lock icon Iran oil-shipping insurance ambiguous
      480 17 Ship owners may not be paid if they make claims after July 20 Bloomberg [LONDON] Insurance for tankers to export Iranian crude may be unusable even after the US and the European Union eased sanctions against the Persian Gulf state, a group covering vessel owners said.
      Bloomberg  -  480 words
    • Article
      Lock icon TRANSPORT STOCKS
      252 17 SGX '000 Jan 29 S$ +/-Vol Ch Offshore 0.43 -0.01 7 Chuan Hup Hldg 0.26 unch 25 Cosco Corp 0.71 unch 814 Cwt Limited 1.31 0.01 3 First Ship Lea unch unch 0 Grand Banks...............0.23 unch 105 Jaya Hold Ltd 0.77 -0.02 917 K1Ventures 0.19 unch 976 Keppel
      252 words
    • Article
      Lock icon Japan’s Boeing 787 probe looking at overheated battery
      338 17 Reuters [TOKYO] Japanese investigators probing a lithi-um-ion battery meltdown on a Boeing Co 787 jetliner a year ago are looking at a battery that overheated on a Dreamliner in Tokyo this month to help unlock the cause of the earlier fire, an
      Reuters  -  338 words
    • Article
      Lock icon VietJetAir close to finalising Airbus order
      211 17 AFP [HANOI] Vietnam’s first private airline, VietJetAir, said yesterday that it was close to finalising a US$6.1 billion order for 62 Airbus aircraft. The deal is expected to be signed at the Singapore Airshow next month, said VietJetAir managing director Luu Duc Khanh. VietJetAir
      AFP  -  211 words
    • Article
      Lock icon Transpacific container lines to up freight rates
      398 17 Rates to be raised in two stages, in an effort to halt losses Reuters [COPENHAGEN] Container shipping lines have agreed to raise Asia-US freight rates in two stages, by US$300 per 40-foot container (FEU) from March 15 and then by an unknown amount
      Reuters  -  398 words
    • Article
      Lock icon Drones grounded by US after predator is ditched off California
      466 17 Bloomberg [WASHINGTON] Drones used to monitor US borders and ports were grounded after an operator ditched one of the unmanned aircraft off the California coast due to a mechanical failure. The Customs and Border Protection (CBP) craft went into the
      Bloomberg  -  466 words
  • Page 17 Advertisements
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      323 17 CRYPTIC CROSSWORD Across 1 Dance with energy and desire (4) 3 Government department’s feature that may suit self-employed writer? (4,6) 9 Reluctant to shed outer bits of clothes (4) 10 Copper about to join worker in African country? That’s risky (5-3-2) 11 Saint and sailors wearing fuzz (7) 13 A
      323 words
Page thumbnail Page 18
  • EDITORIAL & OPINION
    • Article
      Lock icon No end in sight to Thai political crisis
      467 18 EDITORIAL THAILAND heads for the ballot box this Sunday for a controversial general election fraught with uncertainty. Prime Minister Yingluck Shinawatra has defiantly rejected repeated calls by the opposition and the Election Commission (EC) to delay the snap election, arguing that doing
      467 words
    • Article, Illustration
      Lock icon Rapid growth at the expense of social good is not ideal
      798 18  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 AT the beginning of every year, countries around the world issue figures for economic growth, trade, immigration and so forth
      798 words
    • Article, Illustration
      Lock icon Handling bed crunch issue with remote care
      1046 18  -  Concerted efforts and public-private partnership may deliver the desired results By ABHIJIT GHOSH AJAY K SANGANERIA Abhijit Ghosh is pharmaceutical healthcare leader and Ajay K Sanganeria is tax director at PwC Singapore SINGAPORE is recognised globally as an advanced nation in terms of
      PHOTO: THE STRAITS TIMES  -  1,046 words
    • Article, Illustration
      Lock icon The democracy illusion
      1042 19  -  Who exactly are the good and the bad guys in Kiev and Bangkok? LEON HADAR Washington Correspondent Members of the contingency of the-End-of-His-tory pundits in the West who not long ago were predicting that democracy and liberalism would spread from here to eternity have been down in
      PHOTO: AFP  -  1,042 words
    • Article, Illustration
      Lock icon New NHK boss’s remarks bode ill for press freedom in Japan
      1074 19  -  ANTHONY ROWLEY Tokyo Correspondent PRONE as Japanese public figures are to opening their mouths and putting their proverbial feet in them, it’s hard to imagine a more egregious series of gaffes than those uttered last weekend by the newly
      PHOTO: REUTERS  -  1,074 words
    • Article, Illustration
      Lock icon Xi misses chance to seize ‘Lehman moment’
      798 19  -  WILLIAM PESEK The writer is a Bloomberg View columnist Bloomberg FRANCIS Ford Coppola’s 1972 classic The Godfather cemented the director’s place among history’s greatest auteurs. It should also earn him a place in the pantheon of financial seers. Coppola set a pivotal sit-down
      Bloomberg  -  798 words
Page thumbnail Page 19
Page thumbnail Page 20
  • Article
    Lock icon Shipping times
    1320 20 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    1,320 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      60 20 r O IE PC mi Services we provide; Transportation/Haulage Mechanical Repairs Pre Delivery Inspection Refurbishment Accessory Fittings Washing Storage/Preservation Yard Management Wallenius Wilhelmsen Logistics Singapore Pte Ltd Tel: (65) 6379 5166 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com Website: http://www.2wglobal.com FREIGHT FORWARDER urgently needed by shippers Can they find your services
      60 words
Page thumbnail Page 21
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3013 21 Transaction date: Jan 29 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 14 11.5 8Telecom Vol AAT Last Quote Div Gr Yld Net 11.5 7 AEM High Low 188 106 AIMSAMPIReit Sale
      3,013 words
    • Article
      Lock icon SGX CATALIST
      276 22 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 37 17.3 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller
      276 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11371 22 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos!** 1 8088/ China Opportunities 1 2 698/ EM Local Ccy Bond ...*****/ European
      11,371 words
    • Article
      Lock icon GLOBALQUOTE
      249 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US41 unch 4181 41.5 41 41 41.5 2699.7 Sale 318 191 TanChongInt HK302 +1 9 303 302 301 302 4.3 2.3
      249 words
    • Article
      Lock icon SGX ETF
      907 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF Last Sale 114.4 96.5 CIMB APAC Div 100US$ US96.5 10.1 1510 1192 CIMBASEAN40 100S$D 1238 +2 1 1238 1238 1245
      907 words
Page thumbnail Page 22
Page thumbnail Page 23
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      681 23 Jan 29 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.34 *****.91 *****.92 Mar14 *****.00 *****.00 *****.00 *****.00 *****8 *****9 Jun14 *****.00 *****.00 *****.00 *****.00 1 2868 MSCI TAIWAN INDEX FUTURES SPOT 302.94 302.94 296.98 Feb14 8840 *****7 Mar14 18 36 CNX NIFTY INDEX
      681 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 23 In local curr In S$ In US$ dy yr dy yr dy yr Jan 28 Index Change Change Change Change Change Change World Preliminary 1149.2 0.3 -3.0 0.2 -2.2 0.2 -3.2 EAFE Preliminary 929.3 0.2 -2.8 0.1 -1.9 0.1 -2.9 Europe Preliminary 1333.3 0.6 -1.6
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 23 Jan 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.980 5.319 0.643 6.821 54.687 106.932 0.906 9.402 2.927 1.062 92.561 39.715 1.119 9.642 0.790 26.649 28.916 0.530 0.879 Canada 1.020 5.427
      471 words
    • Article
      Lock icon SIBOR
      34 23 Jan 29 (US$) (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** 3 mths Source: Thomson Reuters
      34 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      84 23 Jan 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.53 5-Year NX*****W 2.5 01-Apr-18 104.51 10-Year NX*****H 2.750 01-Jul-23
      84 words
    • Article
      Lock icon PRECIOUS METALS
      138 23 Jan 29 GOLD(US$/oz) Jan 29 Jan 28 Hong Kong 1252.00 1261.00 Jan 28 Jan 27 London 1252.50 1260.90 1253.55 1261.85 Source: Thomson Reuters CAST BAR Jan 29 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 116 51 5gm 328 257 10gm 586 513
      138 words
    • Article
      Lock icon PALM OIL
      57 23 Jan 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 14 2530.0 2520.0 2549.0 2530.0 180 1782 Mar 14 2534.0 2525.0 2546.0 2529.0 2566 ***** Apr 14 2539.0 2529.0 2552.0 2528.0 ***** ***** May 14 2534.0 2527.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 23 Jan 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1189 1.1200 0.8784 0.8789 Canadian dollar 1.1416 1.1427 0.8967 0.8962 Euro 1.7403 1.7413 1.3662 1.3665 NZ dollar 1.0536 1.0547 0.8271 0.8277 Sterling pound 2.1112 2.1125 1.6574 1.6578
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 23 Jan 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1285.50 1287.75 1290.00 1277.50 May 14 1271.00 1271.00 1273.00 1261.75 Jul 14 1256.50 1256.50 1258.50 1247.75 Aug 14 1216.50 1215.50 1217.25 1208.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
      109 words
    • Article
      Lock icon LIFFE
      94 23 Jan 28 COCOA (£/tonne) Close Prev High Low Mar 14 1833 1830 1853 1828 May 14 1823 1818 1840 1817 Jul 14 1815 1808 1829 1807 Sep 14 1807 1800 1820 1800 COFFEE(US$/tonne) Close Prev High Low Jan 14 1738 1736 1740 1733 Mar 14 1721 1719 1727 1707
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1205 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 37.5 0.5 25 0.0 5 -88 54 Asia-Pacific Strategic W*****6 0.4 1 123 197 103.75 4 Ratio Exer Ascendas Reit MB ECW*****3 2.9 0.2 240 2 Ascendas Reit
      1,205 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 23 CRUDE OIL PRODUCTS Jan 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.65 0.62 WTI (Near Mth) 97.30 1.40 Dubai (1-Mth F) 103.40 -0.32 Tapis blend 114.89 -0.63 Minas 107.89 -0.63 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.72 -0.89 Jet Kerosene 121.21 -0.80 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Jan 29 S$ Bid Offer 1-month 1.2738 1.2743 2-months 1.2738 1.2743 3-months 1.2737 1.2743 6-months 1.2735 1.2740 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 23 Jan-28 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1710.25 1718.50 3 months 1754.50 1762.00 Copper, Grade A(US$/tonne) Cash 7179.00 7211.00 3 months 7140.00 7180.00 Lead(US$/tonne) Cash 2139.25 2151.75 3 months 2154.00 2167.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 As at 9am Jan 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.145 1.091 Can dollar 1.163 1.119 Euro 1.778 1.694 Sterling pound 2.149 2.067 NZ dollar 1.078 1.037 US dollar 1.298 1.237 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 23 Jan 29 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.07 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      157 words
Page thumbnail Page 24
  • PROPERTY
    • Article, Illustration
      Lock icon BlackRock helps revive Japan’s property market
      976 24 J-Reits’ 2.23 trillion yen acquisitions in 2013 almost triple previous year’s deals Bloomberg [TOKYO] BlackRock Inc, the world’s biggest money manager, is helping to drive a revival in Japan’s property market as investors bet Prime Minister Shinzo Abe’s plan to sustain economic growth will
      Bloomberg; PHOTO: BLOOMBERG  -  976 words
    • Article
      Lock icon Home prices in 20 US cities up in Nov
      622 24 The gains are the biggest since February 2006 Bloomberg [WASHINGTON] Home prices in 20 US cities rose in November from a year ago by the most in almost eight years, providing a boost to household wealth. The S&P/Case-Shiller index of property
      Bloomberg  -  622 words
    • Article
      Lock icon UK Jan house prices surge to 6-year high
      402 24 Bloomberg [LONDON] UK house prices rose for a 13th month in January to their highest level in almost six years as the economy gained momentum, Nationwide Building Society said. The average cost of a home advanced 0.7 per cent from December to
      Bloomberg  -  402 words
    • Article
      Lock icon Househunt
      524 24 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN DEC 18 AND DEC 24, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 3 NON-LANDED Alex Residences Apt 18/12/2013 99 1033 1507 1458 Alex Residences Apt 20/12/2013 99 926
      524 words
    • Article
      Lock icon Remove highway for Olympics, says Tokyo developer
      383 24 Bloomb erg [TOKYO] Mitsui Fudosan Co, Japan’s largest developer by sales, said it is in talks with the government about the removal of a highway near Tokyo Station ahead of the 2020 Olympic Games. The company is urging the government to relocate the
      Bloomberg  -  383 words
    • Article, Illustration
      Lock icon Half stake sold in Finexis Bldg at $2,300 psf on strata area
      605 25  -  Deal values 12-storey freehold office block at $123.8 million By KALPANA RASHIWALA kalpana@sph.com.sg AN offshore fund managed by Singapore-based Sin Capital Partners is understood to have bought a half-stake in Finexis Building at 108 Robinson Road in a
      FILE PHOTO  -  605 words
    • Article, Illustration
      Lock icon Lower Manhattan landlords compete for bank’s tenancy
      886 25 NYT [NEW YORK] A venerable Wall Street firm’s search for a new home has set off a fierce competition among developers in lower Manhattan, highlighting the challenges in a commercial district that has acres of vacant office space even as towers are under
      NYT; PHOTO: AFP  -  886 words
    • Article
      Lock icon Marriott open to buying hotel operators: CEO
      459 25 Bloomberg [LOS ANGELES] Marriott International Inc, the owner of such brands as the Ritz-Carlton and Renaissance, would consider buying more hotel-management companies after its acquisition of South Africa’s Protea Hospitality Holdings, chief executive officer Arne Sorenson said. “We are open to buying more
      Bloomberg  -  459 words
    • Article
      Lock icon Chinese buyers pushing up home prices in Australian cities
      872 25 Bloomberg [SYDNEY] Tina Ford, an Australian public servant, said she could hardly believe it when her three-bed-room apartment sold this month for A$1 million (S$1.1 million) at an auction in which all 16 registered bidders were ethnic Chinese. “I’m over the
      Bloomberg  -  872 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      79 25 Australian Property Finance Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. Web www.smats.net Email smats@smats.net 10
      79 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      277 26 A v t THE STRAITS TIMES WHEREVER YOU ARE i\hi ivvy LIFE'S A REWARD WHEN YOU SUBSCRIBE TO US GET THESE EXCITING GIFTS WHEN YOU SUBSCRIBE TO THE STRAITS TIMES! ALL-IN-ONE PRINT ONLINE TABLET SMARTPHONE Select a Plan and Pick Your Gift FULLY REDEEMED nexus 10 n 1 ip g+
      277 words