The Business Times, 6 September 2014

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Microfilm: NL33242
Total Pages: 41
1 16 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg SEPTEMBER 6-7, 2014 S$1.00 MCI (P) 052/08/2014
    12 words
  • Article, Illustration
    Lock icon Serviced apartments gaining favour over hotels
    1040 1  -  Shrinking corporate-travel budgets, need for longer-term transient homes boost demand By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ERVICED apartments are losing their stigma as the less glamorous and poorer cousins of hotels, as shrinking corporate budgets siphon business travellers away from hotels to them. At
    PHOTO: BANYAN TREE  -  1,040 words
  • Article, Illustration
    Lock icon Garena joins global billionaire club
    688 1  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THERE are now at least 25 mobile Internet companies in the world worth at least a billion dollars each, new data from digital consulting firm Digi-Capital shows. And Singapore social gaming start-up Garena has only just made the list,
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  • TOP STORIES
    • Article
      Lock icon Pension systems need rapid reforms: EY
      457 2  -  Report identifies areas of opportunities for pension, retirement providers to help deliver social policy around pensions By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE’S Central Provident Fund (CPF) is among the more matured global pension systems in the world but it is still being refined,
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    • MARKETS
      • Article
        Lock icon STOCKS
        60 2 HSTI 3,341.09 (-4.61) HSTI FUTURES 3,342.00 (-5.00) HSIMSCI 377.54 (-0.84) HSIMSCI FUTURES 377.00 (-1.10) STOCKS Friday Change KL COMP 1,868.46 -0.75 NIKKEI 225 15,668.68 -7.50 HANG SENG 25,240.15 -57.77 SET 1,584.32 +4.59 JAKARTA 5,217.33 +12.01 MANILA 7,263.58 +59.47 KOSPI 2,049.41 -6.85 SHENZHEN B 967.30 +6.25 MUMBAI IND 27,026.70 -59.23
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.35 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.997 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.75 Source: Bloomberg
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      • Article
        Lock icon FOREX
        49 2 US$ S$ US$ (S$ per US$) 1.255 (US$/S$ per 1.632 2.048 EURO (US$/S$/€ 1.294 1.624 Foreign currency per US$ S$ YEN 105.30 83.90 RM 3.185 2.538 HK$ 7.750 6.176 BAHT 32.10 25.58 RUPIAH 11,756 9,368 RENMINBI 6.140 4.893 INDIAN RUPEE 60.45 48.17 A$ 1.069 0.852 NZ$ 1.207 0.962
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    • Article, Illustration
      Lock icon Jobs growth at 8-month low, labour force shrinks
      673 3 August data also shows more abandoning search for employment LATEST US DATA Reuters Washington EMPLOYERS in the US hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal
      Reuters; PHOTO: BLOOMBERG  -  673 words
    • Article, Illustration
      Lock icon ANZ launches new measure of confidence
      533 4  -  Results of surveys on consumption patterns will be out much earlier than official data Reports by Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore COMPLAINTS that Singapore lacks timely data on consumption patterns should now be quelled (or at least mollified), as a new private-sector measure of
      Sources: ANZ-Roy Morgan, CEIC  -  533 words
    • Article, Illustration
      Lock icon New measure shows plunge in August consumer sentiment
      375 4 CONSUMER confidence fell sharply in August from July’s record high, correcting from a spike in positive sentiment following the Great Singapore Sale, according to a new private-sector measure of consumption trends in Singapore. The ANZ-Roy Morgan Singapore Consumer Confidence Index launched on
      FILE PHOTO  -  375 words
    • Article, Illustration
      Lock icon Apple gets set to introduce bigger iPhones
      1043 5  -  NEWS ANALYSIS Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Technology Editor IN a few days, the most hyped press event of the year in the mo-bile-phone industry will take place. Any guesses what it will be about? f you live in this century and use
      1,043 words
    • Article
      Lock icon All the better to clinch big projects with
      631 6  -  Merged entity could offer clients integrated solutions and also present other Singapore companies follow-on benefits temasek-jtc tie-up By Kenneth Lim kenlim@sph.com.sg @KennethlimBT Singapore THERE was an animated TV series in the 1980s called The Transformers which had a mega robot called Devastator,
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    • Article
      Lock icon Temasek, JTC say entities’ merger unlikely to impact industrial rents
      540 6  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore TEMASEK Holdings and JTC Corporation said on Friday the proposed merger of their entities involved in urban planning and development is not expected to affect industrial rents in Singapore. Their comments came in response
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    • Article
      Lock icon New IIF risk index sends warning signal
      452 7  -  Investors cautioned about growing uncertainty in financial markets ahead of Fed rate hike By Anthony Rowley btworld@sph.com.sg Tokyo RISK is building up in financial markets ahead of an expected interest rate hike by the US Federal Reserve next year and investors need to
      452 words
    • Article, Illustration
      Lock icon HK jeweller Chow Tai Fook to study S-E Asia market from S’pore
      706 7  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore HAVING gained a foothold in the Greater China market, Hong Kong-based jewellery chain Chow Tai Fook has now set its sights on South-east Asia, and has plans to leverage Singapore as
      PHOTO: YEN MENG JIIN  -  706 words
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      49 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies 10-13 S’pore Markets 12 Singapore 14-15 World 17-20 Stocks Stats 21-25 Perspective 26-27 Crosswords 27 Wealth 28-31 Househunt 30 LIVING Design L2-5 Home Garden L6-7 Drink L8-10 Health L11 BT Wine Challenge L12-13 Motoring L14-15 Sports L16 Real Estate 31
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  • Page 5 Miscellaneous
    • Miscellaneous
      Lock icon Page 5 Miscellaneous Column 1
      32 5 i/v/V $1.6 MILLION Estimated Draw on Mon, 8 Sep 2014 at 6.30pm For details, visit www.singaporepools.com.sg p |_/\yA Always play with care. responsibly] Do not bet illegally. RGB Reg No: *****0202G m
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      52 6 HOT PROPERTY i Sence SE 4?, SUXM! M '"t Designer 6 Decor, Kovan MRT. Yrs4rm. 1658? 'u J nblrWalk Good layout. Wall,°toM RT renCL Excellent s fTreT^-^,^ APARTMENTS FOR SALE Check this and many other properties in The Straits Times Classified now! THE STRAITS TIMES CLASSIFIED BUY IT SELL IT
      52 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon In pursuit of true equality
      2607 8 / 9  -  Society should value caregiving as much as breadwinning for both men and women, says Anne-Marie Slaughter who made waves with her 2012 Atlantic article on women’s worklife balance. By Anna Teo By Anna Teo anna@sph.com.sg ANNE-MARIE Slaughter mixed things up a bit in her commencement
      PHOTO: YEN MENG JIIN  -  2,607 words
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  • COMPANIES
    • Article, Illustration
      Lock icon Sun Venture buys Straits Trading block for S$450m
      678 10  -  Price of some S$2,800 psf said to be a 6-year high for an office block By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore THE Straits Trading Company is selling its office tower, Straits Trading Building, to Singaporebased Sun Venture Group for S$450 million. The
      PHOTO: ARTHUR LEE  -  678 words
    • Article, Illustration
      Lock icon Keppel Corp unit to acquire 10% stake in LNG carrier owner
      496 10  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore KEPPEL Corporation, via its indirect wholly-owned subsidiary, KSI Production, is acquiring a 10 per cent stake in Golar Hilli Corp from Golar GHK Lessors for US$50. The consideration took into account the book
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    • Article, Illustration
      Lock icon Making a solar panel
      177 11 Norwegian firm REC Solar is boosting production at its S$2.5 billion plant to make solar panels with a total capacity of 1,300 megawatts by end next year, up from 820 MW last year. The whole manufacturing process of a solar panel, from start to finish, takes
      BT Graphics: Andrea Soh and Jennifer Chua  -  177 words
    • Article
      Lock icon Sunny days ahead for REC Solar
      736 11  -  Favourable factors converge to put the Oslo-listed company in good light By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore IT IS light at the end of the tunnel for REC Solar. A bigger solar power market, higher US anti-dumping tariffs against Chinese manufacturers and more stable
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    • Article, Illustration
      Lock icon Week when brokers talked of ‘false starts’ and ‘false alarms’
      628 12  -  STOCKS R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent Expectations that the European Central Bank (ECB) would unleash its own version of the US Federal Reserve’s “quantitative easing” or QE programme gave traders in local stocks an opportunity to exploit the “buy
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    • Article, Illustration
      Lock icon Worldwide airline shares up 3% in August
      559 12  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore AIRLINES’ share prices worldwide edged up 3 per cent month-on-month in August, slightly stronger than the 2 per cent growth in the broader market, as easing jet fuel prices offered some relief. According to the latest Airlines
      Source: Thomson Reuters Datastream  -  559 words
    • Article
      Lock icon TOP 20 ACTIVES
      218 12 VOL CLOSE APAC Strategic 74 ,537 5.6 0 1 1 .8 IHC 62,781 27 0 5 1 .9 D i giland I ntl 61,706 0.2 0 1 1 00.0 GRP 49,138 11 0 2 1 .8 Tha i Bev 44 ,097 72 3 0 4 .3 Mirach
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    • Article
      Lock icon STI STOCKS
      119 12 Stock name Close Change Ascendas Reit 2.360 -0.010 CapitaLand 3.360 -0.010 CapitaMall Trust 1.990 CityDev 9.870 -0.100 ComfortDelGro 2.560 -0.010 DBS Grp 18.16 -0.020 Genting Sing 1.220 +0.010 Global Logistic 2.910 -0.030 Golden Agri-Res 0.510 -0.005 HPH Trust USD 0.710 HongkongLand USD 6.980 -0.060 JMH 400 USD 62.70
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    • Article
      Lock icon TOP GAINERS
      65 12 TOP GAINERS BY CENTS CLOSE UP DBXT AUDCS 5SG$ ***** 106.0 0.4 DBXT FTVietnam 10US$ 3100 61.5 1.6 DBXT AUDCS 5US$ ***** 43.9 0.2 DBXT E50 10US$ 5304 37.6 0.6 Lyxor Indonesia10US$ 9467 17.6 0.1 Great Eastern 2297 17.0 0.7 DBXT AUDCS 5AU$ ***** 14.0 0.1 DairyFarm 900USD
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    • Article
      Lock icon TOP LOSERS
      64 12 BY CENTS CLOSEDOWN DBXT iBoxxSvEu 5US$ ***** -381.3 -1.1 DBXT EONIA 5US$ ***** -291.0 -1.2 DBXT USDIGInfl 5US$ ***** -139.2 -0.4 DBXT MSKorea 10US$ 6409 -107.9 -1.3 DBXT iBoxxKR 5US$ ***** -84.0 -0.4 GLD 10US$ ***** -80.3 -0.5 SPDRS S&P 500 10US$ ***** -70.3 -0.3 DBXT iBoxxUSTr 5US$
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    • Article, Illustration
      Lock icon Ascott’s mission: 80,000 serviced apartments by 2020
      855 13  -  CEO of CapitaLand outfit outlines plans to more than double current number By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ASCOTT CEO Lee Chee Koon wants to more than double the group’s number of serviced apartments to 80,000 by 2020, and he is banking on
      PHOTO: JAMIE KOH/ THE STRAITS TIMES  -  855 words
    • Business briefing
      • Article
        Lock icon Businessman buying stake in China Kunda
        93 13 BUSINESSMAN Ang Kok Teong is acquiring a 50.6 per cent stake in China Kunda Technology Holdings. He has entered into a sale and purchase agreement with Ching Ka Lun, Liu Zhi Yuan, Li Jie Hua, Good Moral Technology, China Hongda Holdings and Cherry Equity
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      • Article
        Lock icon Soilbuild bags S$47.6m contract
        49 13 SOILBUILD Construction Group has landed a S$47.6 million Assisi Hospice contract to construct one block of a six-storey health and medical care building with a basement carpark for the new hospice at Thomson Road. The new contract brings the group’s order book to S$703.9 million.
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      • Article
        Lock icon Stamford Tyres Q1 earnings up 39%
        55 13 STAMFORD Tyres reported a net profit of S$581,000 for Q1 FY15, up 39 per cent year-on-year, while total revenue edged down 3.7 per cent to S$75.24 million. Earnings per share worked out to 0.25 Singapore cent per share for the quarter under review, up
        55 words
      • Article
        Lock icon SMRT, UK taxi app developer in JV
        50 13 SMRT Road Holdings has entered into a joint venture agreement with London-based taxi mobile application developer Hailo Network Holdings to form a 50:50 JV, Hailo Singapore. Under the agreement, a taxi booking application will be introduced to passengers and taxi drivers in Singapore.
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      • Article
        Lock icon SPH unit buys stake in Waterbrooks
        55 13 SINGAPORE Press Holdings’ indirect wholly owned subsidiary ShareInvestor has bought a 60 per cent stake, as well as certain trade marks and other intellectual property rights, in Waterbrooks Consultants for S$910,000. Waterbrooks provides services such as investor relations, financial and corporate communications. The consideration
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      • Article
        Lock icon Intraco buys 70% stake in KA Group
        66 13 INTRACO has completed the acquisition of a 70 per cent stake in fire protection specialist KA Group. The company has also allotted and issued five million consideration shares to one of the vendors, Soh Ying Sin, at S$0.63 per share. As such, the
        66 words
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  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      209 13 The Business Times NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LIMAU PROPERTIES LTD (IN MEMBERS’VOLUNTARY LIQUIDATION) Co. Registration No. *****2023D NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting
      209 words
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  • SINGAPORE
    • Article, Illustration
      Lock icon Flagging consumer sentiment can have broader economic impact
      431 14  -  Redas wants to work with Govt, others to prevent a destabilising economic slowdown By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT AMID strong headwinds in the residential market, the property developers’ industry body said there is fear that if consumer sentiments dive sharply as a
      431 words
    • Article, Illustration
      Lock icon Citi raises S$514,000 for ChildAid
      421 14  -  By Jan Lee janlee@sph.com.sg OVER S$514,000 was raised for underprivileged children in an annual charity golf tournament organised by leading global bank Citi and its information technology (IT) groups. The amount will go towards ChildAid, a charity concert in aid of The Straits Times School
      PHOTO: NEO XIAOBIN/THE STRAITS TIMES  -  421 words
    • Article
      Lock icon Kinokuniya to move up one floor at Takashimaya
      413 15  -  New location means a 20% reduction in size as the landlord is unable to offer a similar unit By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT AFTER 15 years at Takashimaya Shopping Centre, Books Kinokuniya will be moving one level up. The bookstore was asked
      413 words
    • Article, Illustration
      Lock icon Prudential Singapore Swim Stars to make a splash
      319 15  -  By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT SOME of the world’s top swimmers including Olympic gold medallists Nathan Adrian, Jessica Hardy and Kosuke Kitajima are here in Singapore to participate in the inaugural Prudential Singapore Swim Stars 2014 Challenge being held from Sept 5
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    • Article
      Lock icon Northwest Resources’ bunker licences cancelled by MPA
      194 15  -  Action taken after director’s conviction for corruption By Claire Huang huangjy@sph.com.sg @ClaireHuangBT THE Maritime and Port Authority of Singapore (MPA) on Friday said it had cancelled the bunker supplier and bunker craft operator licences of Northwest Resources Pte Ltd from Sept 1. This
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      Lock icon Page 16 Advertisements Column 1
      133 16 New Improved: ST obs.sg Tailor your ST obs homepage for a personalised experience. M*************************1111II********************1II1111 Have you seen the new site? STJobs has improved the way you search for jobs online complete with a brand new look. Here are 3 things you should know about the revamped STJobs.sg: o First job
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  • WORLD
    • Article
      Lock icon Abenomics at risk as firms slow spending
      715 17 Non-finance sector capex seen growing just 1.3% next fiscal year, down from 7.9% this year Bloomberg Tokyo JAPANESE companies from NTT Docomo to Honda Motor are putting the brakes on spending as they pile up cash, showing the challenge Prime Minister Shinzo Abe’s
      Bloomberg  -  715 words
    • Article, Illustration
      Lock icon Adios to legendary Rivers
      432 17 Bloomberg New York JOAN Rivers, a stand-up comedian, writer and outrageous television personality best known for hurling cutting barbs at fellow celebrities as well as herself, has died. She was 81. She died on Thursday, according to a statement by her daughter, Melissa Rivers. She was
      Bloomberg; PHOTO: AFP  -  432 words
    • Article
      Lock icon Immigration curbs may slow growth of Swiss real estate
      351 17 Bloomberg Zurich SWISS curbs on immigration could threaten growth in the country’s property market, which in the past has been supported by an influx of highly skilled foreign workers, according to Thomas Wolfensberger, chief executive officer of Peach Property Group AG.
      Bloomberg  -  351 words
    • Article, Illustration
      Lock icon Court ruling could cost BP billions more in fines
      771 18 Judge deems oil giant grossly negligent in Deepwater Horizon oil spill Bloomberg Houston BP Plc faces billions more in potential penalties after a judge found on Thursday that it acted with gross negligence in the 2010 Gulf of Mexico oil disaster,
      Bloomberg; REUTERS FILE PHOTO  -  771 words
    • Article
      Lock icon UK banks said to delay hiring on tougher background checks
      470 18 Bloomberg London UBS AG and Barclays plc have withdrawn job offers and delayed starting dates as banks toughen background checks after scandals heightened scrutiny of individuals’ behaviour, three people with knowledge of the situation said. UBS pulled back a senior
      Bloomberg  -  470 words
    • Article
      Lock icon China warns against mooncake favours; anti-graft drive to go on
      186 18 Reuters Shanghai CHINA’S crackdown on corruption, a scourge Communist Party leaders fear threatens their hold on power, is likely to last at least another five years, an official said, warning also against the mid-autumn tradition of handing out mooncakes as
      Reuters  -  186 words
    • Article, Illustration
      Lock icon EU bonus cap faces UK challenge in top court
      633 20 London seeks to overturn ban on awards of more than twice fixed pay Bloomberg Brussels THE United Kingdom takes its fight against European Union (EU) bankerbonus limits to the bloc’s highest court next week, seeking to overturn a ban on awards
      Bloomberg; PHOTO: REUTERS  -  633 words
    • Briefing
      • Article
        Lock icon HK home prices hit another record high in July
        115 20 Reuters Hong KongHome prices hit a record high in Hong Kong for a third consecutive month in July, official data showed, as strong demand boosted sales of small and medium-sized units in one of the world’s most expensive property markets. An
        Reuters  -  115 words
      • Article
        Lock icon Taiwan probes over 200 firms for using recycled cooking oil
        104 20 AFP Taipei Taiwanese health authorities said on Friday they were investigating more than 200 companies which allegedly used recycled cooking oils obtained from restaurants in their products, in the latest food safety scandal to hit the island. Wei Chuan Foods
        AFP  -  104 words
      • Article
        Lock icon Indon energy minister quits over graft allegation
        97 20 AFP Jakarta Indonesia’s energy minister stepped down on Friday, a presidential spokesman said, after anti-corruption officials named him a suspect in the latest graft case to embarrass the president’s Democratic Party. Jero Wacik resigned as minister for energy and natural mineral resources after
        AFP  -  97 words
      • Article
        Lock icon Eurozone economy at standstill in Q2
        113 20 AFP Brussels The eurozone economy stagnated in the second quarter, official figures showed on Friday, in line with the poor outlook which pushed the European Central Bank (ECB) into radical action on Thursday. In a second estimate for growth in the 18-country currency zone,
        AFP  -  113 words
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      276 19 We are delighted to see that golfers are so keen to take part in the SPH World Golfers Championship (Singapore qualifiers). We are almost full and only have limited slots left in the qualifiers and the final. Looks like we are going to have a really good team representing Singapore
      276 words
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      Lock icon Page 20 Advertisements Column 1
      26 20 60% of flat owners who have joined the Lease Buyback Scheme unable to withdraw any cash -1(.+3$/ JPAMSaMit*!] To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      26 words
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  • SGX
    • Article
      Lock icon SGX MAINBOARD
      8126 21 Transaction date: Sep 5 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 13 10.4 8Telecom 11.9 10.8 13 6.3 1 15.5 57 20 6 A-Sonic Aero 8.1 -0.1 805 8.2 8.1 8.1 8.2
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    • Article
      Lock icon SGX CATALIST
      2134 24 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 32.5 25 t 3Cnergy 500 29.5 29 37 35.4 36 22 t 800 Super 34.5 +0.5 929 35.5 34 34.5 35 5 2.9 6.9 61.7
      2,134 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 5 3 0 0 0 5 5 3 Manufacturing 40 43 52 9 9 12 49 52 64 Commerce 12 25 24 3 8 2 15 33 26 Tpt/Stor/Comms 10 17 14
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      787 24 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Sep 1 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) China Environment 04-Sep-14 Proper Big Intl Ltd Buy 171 0.21 1600 0.22 1771 0.24 China Environment 04-Sep-14
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,941 12,941 58,627 58,627 Manufacturing 157,050 56,265 213,315 97,724 3,713 101,437 Commerce 181,789 32,892 214,681 83,551 2,853 86,404 Tpt/Stor/Comms 85,648 6,985 92,633 95,768 1,302 97,069 Finance 27,166 77 27,243 232,497 20 232,517 Construction 47,707 55,889
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  • MARKETS
    • Article
      Lock icon LIFFE
      94 25 Sep 4 COCOA (£/tonne) Close Prev High Low Sep 14 1997 2000 2006 1979 Dec 14 1994 1992 1998 1978 Mar 15 1966 1968 1974 1953 May 15 1955 1958 1964 1944 COFFEE(US$/tonne) Close Prev High Low Sep 14 2069 2048 2073 2045 Nov 14 2091 2062 2095 2042
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    • Article
      Lock icon METALS
      68 25 Sep 05 GOLD(US$/oz) Sep 05 Sep 04 Hong Kong 1269.00 1274.00 Sep 04 Sep 03 London 1269.19 1267.46 1269.73 1268.02 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 24.27 23.50 Source: UOB PLATINUM Lon (US$/oz) Sep 04 Close Previous PM Fix 1406.00 1408.00 AM Fix 1412.00 1406.00 Source:
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      118 25 Sep 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.199 1.142 Can dollar 1.175 1.130 Euro 1.661 1.582 Sterling pound 2.084 2.004 NZ dollar 1.063 1.023 US dollar 1.281 1.220 Local dollars to 100 units of foreign currency: Currencies Sell
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    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        20 25 YTD change: +5.50% 52-week high: 3,387.84 on July 31,2014 52-week low: 2,953.01 on Feb 4,2014 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Hang Seng Index
        20 25 YTD change: +8.30% 52-week high: 25,362.98 on Sept 4,2014 52-week low: 21,137.61 on March 20,2014 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        22 25 YTD change: +9.95% 52-week high: 2,327.56 on Sept 5,2014 52-week low: 1,974.38 on March 12, 2014 Source: Bloomberg
        Source: Bloomberg  -  22 words
      • Article, Illustration
        Lock icon Nikkei 225
        19 25 YTD change: -3.82% 52-week high: 16,320.22 on Dec 30,2013 52-week low: 13,748.94 on Aug 30,2013 Source: Bloomberg
        Source: Bloomberg  -  19 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        26 25 YTD change: +2.97% 52-week high: 17,161.55 on Sept 4,2014 52-week low: 14,719.43 on Oct 9,2013 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
    • Article
      Lock icon PALM OIL
      60 25 Sep 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 14 2050.0 2041.0 2050.0 2036.0 17 1806 Oct 14 2041.0 2039.0 2049.0 2007.0 4941 ***** Nov 14 2035.0 2025.0 2041.0 1995.0 ***** *****9 Dec 14 2072.0 2057.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      80 25 Sep 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.39 106.42 106.42 5-Year NX*****W 2.5 01-Jun-19 105.02 105.12 105.12 10-Year NY*****H 3.000 01-Sep-24
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Sep 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1731 1.1741 0.9352 0.9353 Canadian dollar 1.1525 1.1538 0.9191 0.9188 Euro 1.6228 1.6242 1.2937 1.2939 NZ dollar 1.0390 1.0405 0.8283 0.8289 Sterling pound 2.0473 2.0492 1.6321 1.6324
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    • Article
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      105 25 Sep 4 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Sep 14 1064.25 1080.75 1082.50 1064.00 Nov 14 1003.25 1020.00 1021.25 1001.25 Jan 15 1010.75 1027.50 1028.50 1008.75 Mar 15 1018.50 1035.00 1036.00 1016.25 SOYBEAN OIL(60,000 lbs; USc/lb) Close Previous High/Low Sep 14 31.97 31.73 32.03
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      68 25 Sep 04 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 102.52 0.05 WTI (Near Mth) 94.51 -0.86 Dubai (1-Mth F) 101.21 1.01 Tapis blend 104.53 1.31 Minas 100.03 1.31 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 97.89 1.42 Jet Kerosene 116.45 1.34 US$/barrel OpecOil Basket Price 99.13
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      72 25 Sep 04 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2083.75 2061.50 3 months 2105.00 2079.00 Copper, Grade A (US$/tonne) Cash 6948.50 6926.00 3 months 6930.00 6904.00 Lead (US$/tonne) Cash 2213.25 2198.75 3 months 2226.00 2208.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Sep 4 Index Change Change Change Change Change Change World Preliminary 1263.6 0.3 6.7 0.3 4.8 0.1 5.5 EAFE Preliminary 989.3 0.4 3.4 0.0 0.2 -0.2 0.9 Europe Preliminary 1416.1 0.8 4.5
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      908 26 / 27  -  The international community should renew its commitment to ensuring that every child, everywhere, has a chance to go to school. By Gordon Brown By Gordon Brown THE odds are weighed heavily against achieving the target set by the Millennium Development Goals (MDGs) of ensuring by December 2015 that
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      335 26 / 27 SATURDAY with Ludwig No, thanks. I’ve decided to retire later to keep my CPF in good shape.’ CRYPTIC CROSSWORD Across 1 Acknowledging defeat in underwater operation (10) 6 Sticks around being sanctimonious (4) 10 Come down stairs, missing the first (5) 11 Such a course concerning new student? Yes and
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  • Wealth
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        1424 28 / 29  -  Rich investors are turning to mission-driven investments to put their money to work for environmental and social causes. By Margaret Collins By Margaret Collins Bloomberg Researchers in Bethesda, Maryland, have spent eight years developing a handheld device to quickly assess potential brain trauma in injured US
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        725 28 / 29  -  Compiled by Kenneth Lim Dyna-Mac Holdings Hold OCBC Investment Research, Sept 5 Sept 5 close: S$0.435 BUMI Armada Berhad, one of Dy-na-Mac Holdings’ key customers, recently announced the signing of the Angola Block 15/06 FPSO (floating, production, storage and offloading) project worth RM9.6 billion (S$3.78 billion) from Eni
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        962 30 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JULY 23 AND JULY 29, 2014 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 25/07/2014 99 1561 3100 1986 District 2 NON-LANDED Altez Apt 25/07/2014 99
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        Lock icon SP Tao sells Belmont Road bungalow
        791 31  -  Price works out to S$1 ,266 psf on freehold land of 26,456 sq ft By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore FORMER Singapore Land chairman SP Tao has sold a Good Class Bungalow (GCB) on Belmont Road for S$33.5 million or S$1,266 per square foot
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        354 31  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore PROPERTY investment portfolios in Asia are more sustainable than those in North America, a survey by CBRE revealed. Based on the findings of the Global Real Estate Sustainability Benchmark (GRESB) 2014 survey, the overall GRESB
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      79 32 THERE ARE EXCEPTIONS TO EVERY RULE. ROYWAL OAK OFFSHORE DIAMOND SET IN PINK GOLD. NEW BOUTIQUE NOW OPEN AT MARINA BAY SANDS SINGAPORE AUDEMARS PIGUET BOUTIQUE 541 ORCHARD ROAD LIAT TOWERS #01-03 TEL (65) 6836 4918 AL ROYW THE SHOPPES AT MARINA BAY SANDS CANAL LEVEL B2-207 TEL (65) 6688
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      65 1 THE BUSINESS TIMES WEEKEND SEPTEMBER 6 7 2014 BT Living IN GOOD BOOKS Taking a leaf out of the old-world art of book-making L2-4 DESIGN Creating designer spaces L5 BT WINE CHALLENGE Winning wines to savour L12-13 DRINK In high craft spirits L8-10 PHOTO: BYND ARTISAN HEALTH Lowdown on cholesterol
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        844 5  -  Architect Norihiko Shinya went into interior design for its potential in transforming spaces. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg @T aySuanChiangBT JAPANESE interior designer Norihiko Shinya is responsible for some of the coolest spaces in restaurants and hotels around the world, but that doen’t mean
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        1065 6 / 7  -  Sunlight dappled rooms against a white interior canvas set the t ne for Sri Lankan designer Lalin Jinasena’s home off Holland Road. By Tay Suan Chiang personal space By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT SRI Lankan designer Lalin Jinasena admits it is ironic that while he has designed
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    • DRINK
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        1958 8 / 9  -  The quest for the artisanal has spread from food to craft beers, and now, craft spirits too. Debbie Yong looks at what exactly makes a spirit ‘craft’ and why everyone is looking for a drink with a difference Debbie Yong debyong@sph.com.sg @DebbieYongBT IN a Chinatown bar on
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        687 8 / 9  -  Debbie Yong speaks to three independent craft spirit importers hoping to bring new buzz to the bar Debbie Yong Maracatu www.drinkmaracatu.com POP quiz: How would you pronounce cachaca? Had to Google that one? Never mind if you did for couple Catarina Longman and
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        659 10 Paper Lantern Distillery www.drinkpaperlantern.com A SINGAPORE-based distillery producing made-in-Singa-pore spirits with local flavours? Locavore tipplers rejoice, that pipe dream may not be as distant as you think. Next month, American couple Richard and Simin Kayhan Ames will debut a range of spirits from Paper Lantern, a boutique
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    • HEALTH
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        1258 11  -  Studies have shown that some widely held beliefs about certain foods may not be true after all Michael Lim ~Dr Lim is the medical director at the Singapore Heart, Stroke Cancer Centre. He is also editor-in-chief, Heart Asia, a journal of the British Medical Journal
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        1510 12 / 13  -  Aromatic, fruity, intense these are just some of the words used to describe the six varieties of white wine from Austria, Spain, New Zealand, Australia and Germany. By Suzanne Brocklehurst THERE can be few things more satisfying to do after a stress-packed day than reaching into the fridge
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        682 14  -  The new Honda Jazz is bigger and roomier, and brims with new technology. By Samuel Ee By Samuel Ee samuelee@sph.com.sg I T was a car that drove better than it looked. In 2002, the first Honda Jazz was introduced here with dorky design befitting its runabout status
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        663 15  -  Swedish carmaker unveils new XC90 with plans for wider line-up over the next 6 years. By Samuel Ee samuelee@sph.com.sg VOLVO is going after the Germans and it will be doing so with a wider line-up that will expand with a new model each year for the
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    • SPORTS
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        861 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Correspondent THE inaugural Sports Matters conference last year was held to lay the foundation for a healthy and sustainable sports industry in Asia. The second instalment, set for Sept 17-18, hopes to build on those conversations
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      962 4 wine&dine with BTWeekend Peach Blossoms Marina Mandarin Singapore 6 Raffles Boulevard Z6845-1118 Rev up for Formula One at Marina Mandarin Rev up for the motor-racing season and take your pick from two Grand Prix set menus specially put together by Chinese Executive Chef Chan Shun Wong. Gratify your palates with
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