The Business Times, 4 February 2015

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Microfilm: NL33374
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES S$1.00 Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G E ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Wednesday, February 4,2015
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  • DAILY DIGEST
    • Article
      Lock icon Retail banking through mobile
      30 1 devices has swiftly overtaken Internet banking as the main form of digital interaction for consumers in Singapore, a recent Bain Company study suggested. TOP STORIES 2
      30 words
    • Article, Illustration
      Lock icon The construction industry
      35 1 hard pressed between having to cope with a limited foreign workforce and boosting productivity, is asking the government to tweak some policies to help companies manage their manpower costs. TOP STORIES 4
      35 words
    • Article
      Lock icon For the Singapore Exchange, January
      44 1 has turned out to be a promising start to the new year, with total trading value for securities hitting S$25.3 billion, up 17 per cent from the previous month and 12 per cent year on year. COMPANIES MARKETS 8
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    • Article
      Lock icon Global regulators' push
      22 1 to solve the issue of too-big-to-fail banks may hinder economic expansion, according to banking industry groups. BANKING FINANCE 13
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    • Article
      Lock icon FIFTEEN years after the bursting
      30 1 of the dotcom bubble, the tech sector is flying high again, with record amounts of cash pouring in, and renewed fears about inflated valuations. TECHNOLOGY/15
      30 words
    • Article
      Lock icon European shares rallied
      26 1 and yields on eurozone government bonds tumbled on Tuesday after Athens dropped calls for a write-off of its foreign debt. GOVERNMENT ECONOMY 17
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  • Article
    Lock icon Boost seen for S-Reits but not property developers
    922 1  -  Reit incentives expected to be renewed but not any rollback in cooling measures BUDGET 2015 By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore FOR Singapore’s property sector, Budget 2015 is expected to bring mixed news. Real estate investment trusts (Reits) are more likelythan property
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  • Article, Illustration
    Lock icon Manufacturing in Singapore off to a weak start in 2015
    493 1  -  Shrinking new orders, inventory cited as primary factors; outlook may remain tepid in coming months: economists By Teh Shi Ning tshining@sph.com.sg @TehShiNingBT Singapore SINGAPORE’s manufacturers had a subdued start to the new year, with the latest purchasing managers’ index (PMI)
    Source: Singapore Institute of Purchasing and Materials Management  -  493 words
  • Article
    Lock icon MARKETS
    26 1 Tuesday Change STI 3,408.02 (-15.33) KL COMP Closed Closed NIKKEI 225 17,335.85 (-222.19) HANG SENG 24,554.78 (+70.04) SHENZHEN B 1,073.33 (+8.93) DOW(11am EST) 17,490.54 (+129.50)
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      Lock icon Page 1 Advertisements Column 1
      26 1 *****4 PM LEE IN GERMANY PM Lee, Merkel keen to get S’pore-EU FTA going TOP STORIES 6 Sharp feels heat from Chinese, South Korean competition CONSUMER/16
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      24 1 REITS Trading more volatile after MAS move On S$ COMPANIES MARKETS 7 SHAPING UP NICELY 2015 good year for returns: Fullerton executive money 26
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      125 1 FLYING PLEASURE SIA to roll out premium economy from Aug 9 TOP STORIES 4 CHINA MARKET STILL BEARISH DESPITE RESPITE COMPANIES MARKETS 9 SEVEN PALMS SENTOSA COVE ■yj riiiiiji.' iTTiiM I Ml I r^nfi' lL l h.LLL in 1 w i I V,.; >%•, 1 v-( A t ycL r
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  • TOP STORIES
    • Article
      Lock icon Mobile devices more popular than computers among Singaporeans
      611 2  -  But lenders are not using mobile banking “as effectively as a sales tool, particularly for high-margin products” DIGITAL BANKING By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore RETAIL banking through mobile devices has swiftly overtaken Internet banking as the main form of digital interaction
      611 words
    • Article
      Lock icon DBS to nudge more customers online with revamped website
      393 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore WITH its new Internet banking interface launched on Wednesday, Singapore’s largest retail bank DBS wants to get more people to complete simple transactions online, freeing up branches for sales linked to investment products. It also
      393 words
    • Article, Illustration
      Lock icon Factory orders down for 5th straight month in Dec
      411 2 LATEST US DATA REUTERS Washington NEW orders for US factory goods fell for a fifth straight month in December, but a smaller-than-previously-reported drop in business spending plans supported views of a rebound in the months ahead. The Commerce Department said on
      REUTERS; PHOTO: BLOOMBERG  -  411 words
    • Article
      Lock icon Obama’s budget could be a missed opportunity
      405 2  -  {feS REUTERS BREAKINGVIEWS By Daniel Indiviglio Washington BARACK Obama is making deficit control harder than necessary. The US president’s new federal budget increases outlays by 6.4 per cent a year on average over a decade. So to rein in borrowing, tax revenue has
      405 words
    • Article
      Lock icon Nielsen partners EDB to set up Asian innovation hub in Singapore
      388 2  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore GLOBAL information company Nielsen has partnered the Singapore Economic Development Board (EDB) to launch the Asia Innovation Centre in Singapore, in a bid to drive innovation and new technologies to address the unique
      388 words
    • Article, Illustration
      Lock icon Construction sector seeks manpower policy tweaks
      672 4  -  More effort needed to retain trained workers at company and national level BUDGET 2015 By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore HARD pressed between having to cope with a limited foreign workforce and boosting productivity, the construction industry is asking the government to tweak some
      THE STRAITS TIMES FILE PHOTO  -  672 words
    • Article, Illustration
      Lock icon SIA to roll out premium economy class from Aug 9
      681 4  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Airlines (SIA) has revealed its new premium economy product, which will be introduced from Aug 9, 2015, on selected flights between Singapore and Sydney. The airline is investing about US$80 million on its
      Source: SIA  -  681 words
    • Article
      Lock icon New awards unveiled to recognise firms with responsible practices
      383 4  -  By Prisca Ang prisang@sph.com.sg Singapore COMPANIES in Singapore are invited to take part in the inaugural Singapore Apex CSR Awards, organised by the Singapore Compact for Corporate Social Responsibility, the national society promoting sustainable development for businesses and stakeholders. The new
      383 words
    • Article, Illustration
      Lock icon PM Lee, Merkel keen to get S’pore-EUFTA going
      750 6  -  But the pact seems unlikely to take off this year due to “outstanding issues” By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Berlin THE leaders of Singapore and Germany on Tuesday expressed their desire to see the free trade pact between the European Union (EU)
      PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION, SINGAPORE  -  750 words
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      Lock icon Page 3 Advertisements Column 1
      98 3 OYSTER PERPETUAL COSMOGRAPH DAYTONA W y °0 SO ss. m 7" o ■5> Oy 9£ S/-. 80 op £v TO 03 o a /f 4 Ov 85. m v 90 DflW e o <4q a too Q a 'B 0 too too too too too 7 g THE HOURGLASS TAKASHIMAYA
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      162 4 HERALD THE YEAR OF THE GOAT AT CARLTON HOTEL SINGAPORE Indulge in a feast for the palate at the award-winning Wah Lok Cantonese Restaurant, have a luscious meal of nostalgic flavours at Cafe Mosaic, or select from a list of takeaway specials to impress your family, friends, and business partners.
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      Lock icon Page 5 Advertisements Column 1
      556 5 Advertorial /■AGROCORP All INTERNATIONAL PTE LTD We Trade with Trust J 'i.. as SS \J- Agrocorp International is a trusted partner in international trade, serving niche markets with globally sourced commodities. Upholding our firm beliefs of Integrity, Relationship and Reliability, this year the company proudly celebrates 25 eventful years as
      556 words
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      282 6 ft y y A 4 1 c K -m •V ft’ I V > 4f «5 it 7 f S- > 9 S 4 S T %fr'v <5 m. af 4 r: ■v s ?t :v /fi iv* VR Si St w ri a z 3 3fr 5& N, H
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      Lock icon Page 6 Advertisements Column 2
      31 6 4Want access to BBQ pits If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
      31 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Reit trading more volatile after MAS move on S$
      648 7  -  Weaker currency is expected to lessen appeal of SGD-denominated assets: analysts By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore REAL estate investment trusts (Reits) are getting traded with heavier volumes and more dramatic swings in prices since Singapore’s central bank eased monetary policy
      Source: Bloomberg  -  648 words
    • Article
      Lock icon Environment tougher but look at OSIM’s full-year results: Ron Sim
      487 7  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore OSIM International founder and CEO Ron Sim reminded analysts not to fixate on short-term fluctuations as the lifestyle products group’s core massage chair market continues to soften slightly for the three months ended Dec
      487 words
    • Article
      Lock icon SIA Engineering’s Q3 profit falls 23.5%
      332 7  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT @Nisha_BT Singapore HIT by lower share of profits from associated and joint venture companies, SIA Engineering Co (SIAEC) reported a net profit of S$46.3 million for the third quarter ended Dec 31, 2014, down 23.5 per cent from S$60.5
      332 words
    • Article
      Lock icon SGX off to strong start with surge in January trading value
      674 8  -  Total securities trading value of S$25.3b, up 17% from Dec and 12% year-on-year; launch soon for SGX MSCI Malaysia Index Futures By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore JANUARY turned out to be a promising start in the new
      674 words
    • Article
      Lock icon Sino Construction unit in renewable energy venture
      530 8  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore SINO Construction, which of late has been aggressively transforming itself into a resource play, on Tuesday announced that its wholly owned subsidiary, Magnum Energy, has entered into a joint-venture (JV) agreement with Primeforth Special Situation Fund,
      530 words
    • Article
      Lock icon Sakae venturing into asset management
      418 8  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore JUST a month after Sakae Holdings announced it had diversified into corporate advisory services, the mainboard-list-ed company and owner of restaurant chain Sakae Sushi said it is now making a foray into asset management. For a start, it will
      418 words
    • Article
      Lock icon China market still drawing bearish views
      675 9  -  Strategist cites bad debt woes, profit-taking and regulatory policies to control leverage By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore CHINA stocks got a respite on Tuesday after five straight days of declines, but Bank of America strategist David Cui remains bearish. Other than debt indicators
      675 words
    • Article
      Lock icon StanChart (S) completes 50m yuan loan transaction linked to Tianjin Eco-City
      300 9  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore STANDARD Chartered Bank on Tuesday said it has completed a transaction to provide 50 million yuan (S$10.8 million) in cross-border yuan-denominated loans from its Singapore branch to Tianjin Eco-City Keppel New Energy Development
      300 words
    • Article
      Lock icon GuocoLand raises S$170m through bond issuances
      266 9  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore GUOCOLAND Ltd has raised S$170 million via two bonds issuances, an announcement through its sole lead manager and bookrunner OCBC Bank showed on Tuesday. The dual-tranche offering comprised a S$120 million 2.5-year bond that paid a coupon of
      266 words
    • Article
      Lock icon Ezion’s November perpetuals get tax exemption for dividends
      134 9 Singapore SINGAPORE institutional investors holding Ezion Holding’s perpetual securities released in November last year will have their dividend income exempted from tax after these qualified as qualifying debt securities (QDS). The oilfield services firm in November last year sold S$ 150 million
      134 words
    • IN BRIEF
      • Article
        Lock icon Eu Yan Sang’s Q2 profit plunges 38%
        62 9 EU YAN SANG on Tuesday reported a 38 per cent drop in second-quarter net profit to S$1.98 million, on the back of an 8 per cent fall in revenue to S$84.69 million. This was mostly due to the impact of the Occupy Central
        62 words
      • Article
        Lock icon JTrust to accept AF Global’s offer for LCD
        104 9 JTRUST Co on Tuesday said it will sell all its stocks in LCD Global Investments by accepting a voluntary conditional cash offer from AF Global. Tokyo-listed JTrust Co owns 29.5 per cent of LCD through its subsidiary JTrust Asia. AF Global is
        104 words
      • Article
        Lock icon Soilbuild wins S$26m HDB contract
        31 9 SOILBUILD Construction has been awarded a S$26 million contract by the Housing Development Board for upgrading works at Paya Lebar Way/Aljunied Road and Tampines Street 42.
        31 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times Index Feb 3,2015 3,408.02 -15.33 (-0.45%) Current streak 1 day Day high 3,422.18 Day low 3,401.03 52-week high 3,423.35 (Feb 2, 2015) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist Index Feb 3,2015 742.88 -1.13 (-0.15%) Current streak 1 day Day high 745.07 Day low
      63 words
    • Article, Illustration
      Lock icon No surprises as STI weakens 15 points
      630 10  -  Decline follows Monday’s 32-point rise, which dealers had attributed mainly to short-covering and not to any ‘real’ demand STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT HAVING risen sharply on Monday in anticipation of Wall Street’s bounce that day, the Straits Times Index on Tuesday
      Source: Bloomberg  -  630 words
    • Article
      Lock icon STI STOCKS
      305 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 258 +4 258/253 263 206 5.5 6523.1 CapitaLand 354 +2 355/352 364 268 17.7 2.3 *****.3 CapitaMall Trust 212 +2 213/207 226 180 5.1 7352.8 CityDev 1016 +4 1019/1003 1118 860 13.8
      305 words
    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME Blumont 64,032,100 IHC 43,293,500 Healthway Med 40,302,900 Nam Cheong 36,283,600 Pacific Andes 33,871,700 Market volume 1,528,364,000 VALUE SingTel 105,058,185 DBS Grp 104,048,439 Keppel Corp 72,887,760 UOB 44,936,885 Keppel Land 37,468,165 Market value 1,256,065,000
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    • Article
      Lock icon SGX ETFs Most Active
      112 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 341 xd 197 341/340 349/298 340/341 IS MS India US$ US795 -2 76 799/783 1000/554 794/798 99.4 CIMBASEAN40 US$ US1037 +27 68 1037/1024 1300/927 1012/1032 162.6 Nikko AM STI ETF 346 64 347/345 422/300
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Feb 3 VALUE CLOSE BT OB/OS 257.00 -142.00 BT CADI -*****.00 -27.00 BT 10-day MA -*****.00 +26.00 FTSE ST Mid Cap 783.29 -2.57 FTSE ST Small Cap 504.48 +1.00 FTSE ST All Share 820.31 -3.19 FTSE ST China Top 196.68 -0.56 FTSE ST China 236.26 -0.05 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index Feb 3,2015 820.31 -3.19 (-0.39%) Current streak 1 day Day high 823.01 Day low 818.91 52-week high 824.13 (Jan 28, 2015) 52-week low 722.35 (Feb 5, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index Feb 2,2015 1,791.11 +8.41 (+0.47%) Current streak 1 day Day high 1,791.22 Day low 1,779.64 52-week high 1,995.49 (Jul 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 3 0 0 0 5 7 3 Manufacturing 42 53 37 4 8 9 46 61 46 Commerce 17 24 14 5 1 7 22 25 21 Tpt/Stor/Comms 16 9 14
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 29,346 29,346 126,951 126,951 Manufacturing 239,823 30,041 269,864 109,930 3,065 112,994 Commerce 76,067 38,867 114,934 91,574 1,834 93,408 Tpt/Stor/Comms 118,578 198 118,776 241,775 62 241,837 Finance 16,123 63 16,186 199,340 13 199,353 Construction 28,398 7,156
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    • Article
      Lock icon GAINERS
      76 10 BY CENTS CLOSE UP 52w high/low SPDR S&P500 US$ ***** 292.3 1.1 *****/***** DBXT China50 US$ 3411 119.1 2.6 3480/2577 GLD US$ ***** 100.2 0.6 *****/***** DBXT MSTaiwan US$ 2210 88.0 3.0 2322/1853 DBXT MSTHAI US$ 2144 66.3 2.3 2225/1718 BY PERCENTAGE CLOSE UP 52w high/low KepCorp MBeCW*****1 1.5
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    • Article
      Lock icon LOSERS
      73 10 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxSvEu US$ *****-1348.0 -3.8 *****/***** Lyxor Idonesia US$ 8945 -148.9 -1.2 9636/7358 JSH USD 3478 -109.6 -2.3 3810/3006 DBXT MSAsExJp US$ 3619 -105.6 -2.1 3808/2802 DBXT MSEurope US$ 5684 -92.0 -1.2 6492/5366 BY PERCENTAGE CLOSE DOWN 52w high/low CN8000MBePW*****0 0.7 -36.4 -0.4
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE CEFC Intl 971.0 0.032 +0.008 +33.33 Fuxing China 989.6 0.019 +0.003 +18.75 Infinio 4,005.4 0.003 -0.001 -25.00 Hai Leck 1,284.3 0.240 -0.025 -9.43 Advanced Systems 806.7 0.004 -0.001 -20.00 MTQ 798.2 0.895 -0.055 -5.79 Regal Intl 610.2 0.590 -0.060 -9.23 Karin Tech 73.0 0.330 +0.045
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    • BROKERS’ TAKE
      • Article
        Lock icon Singtel
        208 10 BUY Feb 3 close: S$4.07 Target price: S$4.39 UOB Kay Hian Research, Feb 3 BENEFITS from the strength of the Indian rupee, Thai baht and Philippine peso were negated by the weakness of the Australian dollar. The Singapore dollar is expected to weaken after the Monetary Authority of Singapore
        208 words
      • Article
        Lock icon Micro-Mechanics
        258 10  -  Compiled by Chan Yi Wen NOT RATED Feb 3 close: S$0.69 Target price: NA UOB Kay Hian Research, Feb 3 BUOYED by strong demand, Micro-Mechanics has seen a 20 per cent year-on-year jump in H1 FY15 sales as volume growth more than offset the increased price and delivery pressures
        258 words
    • Article
      Lock icon CALENDAR
      18 10 DATA I 4.00pm (Feb 4) Singapore COE Bidding Results I 8.00pm (Feb 4) US MBA Mortgage Applications
      18 words
    • Article
      Lock icon RBA’s surprise move hits Australian, NZ dollars
      387 11 CURRENCIES REUTERS London THE Australian and New Zealand dollars weakened further in early trade in Europe on Tuesday after a sell-off following the Reserve Bank of Australia’s surprise decision to cut its main interest rate. The outlook for both Antipodean currencies has worsened
      REUTERS  -  387 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Feb 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.962 4.778 0.674 5.921 47.161 96.583 0.895 8.384 2.772 1.061 77.285 33.693 1.034 8.811 0.707 24.142 24.867 0.509 0.764 Canada 1.039 4.964
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      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        153 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0329 1.0341 0.7632 0.7638 Canadian dollar 1.0734 1.0743 0.7935 0.7931 Euro 1.5334 1.5345 1.1330 1.1334 NZ dollar 0.9735 0.9741 0.7193 0.7195 Sterling pound 2.0297 2.0310 1.4997 1.5001 US dollar
        153 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Feb 3 S$ Bid Offer 1-month 1.3538 1.3544 2-months 1.3546 1.3555 3-months 1.3548 1.3554 6-months 1.3561 1.3567 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        209 11 Feb 3 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left OCBC Bk MB eCW*****3 6.5 0.1 5030 0.2 1060 2 DBS MB ePW*****2 9.7 0.4 4600 0.2 1910 2 Global Yellow Pages W*****5 0.4 unch 4582 1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Feb 2 Index Change Change Change Change Change Change World Preliminary 1274.8 0.5 -0.1 0.5 0.7 0.7 -1.2 EAFE Preliminary 1018.6 0.3 3.2 0.3 2.9 0.5 0.9 Europe Preliminary 1440.2 0.4 4.2
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 11 Feb 3 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.60 *****.60 *****.87 Mar15 *****.00 *****.00 *****.00 *****.00 ***** *****9 Jun15 *****.00 *****.00 *****.00 *****.00 10 4166 MSCI TAIWAN INDEX FUTURES SPOT 348.02 350.41 347.49 Feb15 348.60 351.30 347.30 350.50 ***** *****2 Mar15 348.70
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        252 11 Feb-2 Price Net change change Last Trade Agricultural Feb-2 CBOT Soybeans (US cents/bu) 959.50 -1.50 -0.16% 13/03/2015 CBOT Soybean Oil (US cents/lb) 30.41 0.41 1.37% 13/03/2015 CBOT Wheat (US cents/bu) 492.75 -10.00 -1.99% 13/03/2014 Feb-2 LIFFE Cocoa (£/tonne) 1893.00 -12.00 -0.63% 16/03/2015 LIFFE Coffee (US$/tonne) 1917.00 -8.00 -0.42%
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Feb 3 $S Offer Bid 0vernight 0.05 0.03 1-month 0.625 0.50 2-months 0.625 0.50 3-months 0.6875 0.5625 Overnight mode: 0.27 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
        154 words
      • Article
        Lock icon SIBOR
        36 11 Feb 3 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 11 Feb 3 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 103.29 5-Year N*****0H 1.625 01-Oct-19 100.96 101.05 101.00 10-Year NY*****H 3.000 01-Sep-24 109.31 109.90 109.65 15-Year NY*****E 2.875 01-Jul-29 107.32 107.90 107.75 20-Year NZ*****V 3.375 01-Sep-33 115.32 116.45 115.73
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      Lock icon Page 7 Advertisements Column 1
      185 7 SEEING OPPORTUNITIES WHEN OTHERS SEE BARRIERS I didn’t learn it in school. I learnt it at MDIS. i N Cheryl Wong Mathieu Chan MDIS Student (2015) MDIS BUSINESS SCHOOL Visit Us MDIS Open House 2015 Date 7 Mar 2015 (Sat) Time 10am 5.30pm Venue MDIS Campus, 501 Stirling Road (Near
      185 words
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      Lock icon Page 7 Advertisements Column 2
      219 7 mrM irf t t MBFC TOWER 2 PSA BUILDING SIX BATTERY RD SUNTEC TOWER 3 1 THE METROPOLIS SINGAPORE’S FINEST SERVICED OFFICES Fully furnished prestigious offices Business registration offices available Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure 5 days free
      219 words
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      Lock icon Page 8 Advertisements Column 1
      335 8 ARE YOU READY ToLead,PlanAndStrategise? Start searching for these Director jobs on STJobs.sg now Director, HR (Full Time) Industry: Compensation Benefits Recruitment Training Development Requirements: Responsible for the planning implementation of the Group's strategic HR Plan. Minimum 10 years of HR/Admin managerial experience with business partnering and change management skills/experience. Sales
      335 words
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      160 9 m Retirement Investments Insurance AVIVA Health For 2015, our priority is still you. Hand in hand with our banking and financial advisory partners, we've got your back for the big milestones and experiences in life. But we know that even as those big things happen, little things matter. Which is
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Famed Tokyo hotel to be torn down this summer
      1331 12 The Okura has hosted US presidents, bureaucrats, movie stars, even James Bond; the main wing will be demolished and a US$1 b, 3 1 /2-year construction project will begin WP Tokyo IF DON Draper were going to drink Old Fashioneds in
      WP; PHOTOS: WP  -  1,331 words
    • Article, Illustration
      Lock icon NZ house price growth picks up for first time since Dec 2013
      316 12 REUTERS Wellington GROWTH in New Zealand’s house prices picked up for the first time in a year in January, driven by a lift in the biggest city where a lack of houses underpinned values, the government property valuer
      REUTERS; PHOTO: BLOOMBERG  -  316 words
    • Article
      Lock icon Shimao reopens bond market for junk-rated companies
      390 12 CHINESE DEVELOPERS REUTERS Hong Kong SHIMAO Properties has become the first Chinese property developer to launch a high-yield bond since the sector was rocked by problems at Kaisa Group. Shimao attracted a US$6 billion order book within hours of launching its seven-year bonds
      REUTERS  -  390 words
    • Article
      Lock icon GT Land plans US$500m IPO
      285 12 BLOOMBERG Hong Kong GT LAND Holdings, a commercial developer in southern China, plans to seek about US$500 million from an initial public offering in Hong Kong, people with knowledge of the matter said. The company, based in the provincial capital of Guangzhou, aims to complete
      BLOOMBERG  -  285 words
    • Article
      Lock icon Swiss property risks still elevated amid loose central bank policy
      269 12 BLOOMBERG Zurich RISKS to the Swiss real estate market stayed elevated in the fourth quarter amid the central bank’s loose policy. The UBS Swiss Real Estate Bubble Index fell a notch to 1.28 points in the three months through December
      BLOOMBERG  -  269 words
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon FSB’s too-big-to-fail fix may hinder global growth
      421 13 Other bodies say FSB should limit requirement to a maximum of 16% of risk-weighted assets BLOOMBERG London GLOBAL regulators’ push to solve the issue of too-big-to-fail banks may hinder economic expansion, according to banking industry groups. Planned requirements for banks to have a
      BLOOMBERG; PHOTO: BLOOMBERG  -  421 words
    • Article
      Lock icon Having happy employees makes business sense
      821 13 REUTERS Dublin THERE isn’t much time for self-reflection when you are advising on company takeovers but at Irish corporate law firm William Fry they are giving themselves some serious thought. In between drafting contracts and negotiating deals, over 70 of the firm’s partners are
      REUTERS  -  821 words
    • Article
      Lock icon PICTET
      270 13 Pictet-Absl Rtn Fxd Inc-HP EUR 29/01/2015 EUR 104,87 Pictet-Absl Rtn Glo Div-P EUR 29/01/2015 EUR 118,57 Pictet-Asian Equities Ex Japan-P USD 30/01/2015 USD 206,85 Pictet-Asian Local Currency Debt-P USD 30/01/2015 USD 148,06 Pictet-Biotech-P USD 29/01/2015 USD 726,97 Pictet-Clean Energy-P USD 29/01/2015 USD 83,47 Pictet-Digital Communication-P USD 29/01/2015 USD 212,60
      270 words
    • Article
      Lock icon US retail brokers plan to give clients more information about execution of trades
      750 13 Brokers are looking to combat claims that they fail to get the best possible prices for customers REUTERS New York US retail brokers, looking to combat claims that they fail to get the best possible prices on
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    • Article
      Lock icon Another top China banker under investigation
      221 13 REUTERS Shanghai BANK of Beijing Co Ltd board director Lu Haijun is under investigation for serious disciplinary violations, the bank said, the latest high-ranking banker to fall under scrutiny as China’s anti-corruption drive turns to the finance sector. The investigation comes after China Minsheng
      REUTERS  -  221 words
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      124 13 Care for some Chinese baijiu added with gold leaves? Chinese govt seeks public opinion To subscribe, call 6388-3838 or go to sphsubscription.com.sg LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares ComfortDelGro *****24 Sim
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Forces of opportunity and failure at play amid oil bust
      1184 14 Signs of trouble have brought out Wall Street’s bottom feeders. Distressed debt is an investment opportunity NYT New York AMERICAN history is littered with oil busts that created big winners and losers. Now, as the cracks appear in the latest
      NYT; PHOTO: BLOOMBERG  -  1,184 words
    • Article
      Lock icon US oil refineries rely on automation amid largest strike since 1980
      841 14 BLOOMBERG Houston THE heart and soul of a modern refinery isn’t the welders and pipefitters with grease on their hands; it’s the white-collar technicians seated at computers in a control room, overseeing the flow and temperature of every tank
      BLOOMBERG  -  841 words
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      Lock icon Exxon slashes share buybacks to 14-year low
      689 14 WP Washington EXXON Mobil put investors on notice that it’s scaling back measures to prop up the share price as shrinking production and tumbling crude prices squeeze cash flow needed to fund drilling and dividend payouts. Exxon cut share repurchases for the current
      WP; PHOTO: AFP  -  689 words
    • Article
      Lock icon Asia to drive global gas demand in next 15 yrs: Gazprom
      249 14 REUTERS Singapore ASIAN demand will keep natural gas’s share of global energy supplies stable over the next 15 years despite stalling consumption in Europe, while oil and coal will lose some global share to renewables and nuclear power, Russia’s
      REUTERS  -  249 words
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      22 14 FEBRUARY ISSUE OUT NOW! Make sure you checkoutthe Men’s Health Valentine’s Day SurvivalGuide! Withtipsand tricksonhowto keeptheladies happythis February,there’s somethingfor everyguyin thisissue! MENSHEALTH.COM.SG
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Heady days for tech sector 15 years after bubble burst
      652 15 Survey shows 3,512 merger or acquisition deals last year worth US$237.6 billion, the highest figure since 2000 AFP New York FIFTEEN years after the bursting of the dotcom bubble, the tech sector is flying high again, with record amounts of
      AFP; PHOTO: NYT  -  652 words
    • Article
      Lock icon FCC expected to propose regulating the Internet as a utility
      702 15 Move is certain to unleash another round of debate about how to ensure so-called “Net neutrality” NYT New York THE chairman of the Federal Communications Commission (FCC) this week is widely expected to propose regulating Internet service like a public
      NYT  -  702 words
    • Article, Illustration
      Lock icon Facebook, Twitter lock horns in US Super Bowl battle of statistics
      729 15 REUTERS San Francisco FACEBOOK Inc and Twitter Inc released a barrage of data, special “heat” maps and slick animations on Monday to claim the title of most-popular social network for spectators watching the Super Bowl, but a winner was
      REUTERS; PHOTO: NYT  -  729 words
  • Page 15 Advertisements
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      409 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CHUN TIN COURT PTE LTD (CO REG NO. *****5869C) (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Members of CHUN TIN COURT PTE LTD, duly convened and held on 3 February 2015 the following
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  • CONSUMER
    • Article
      Lock icon Sharp feels heat from Chinese, Korean competition
      586 16  -  Electronics giant forecasts group net loss of 30b yen for FY2014; this will be its third annual loss in four years By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S Sharp Corporation said on Tuesday that it expects to slip back into the red in the
      586 words
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      Lock icon Jack Ma defends Alibaba amid criticism about fake products
      505 16 Authorities have accused it of allowing “illegal” actions on its multi-billion-dollar online shopping platform AFP Hong Kong ALIBABA founder Jack Ma has defended his company’s reputation after authorities accused it of allowing “illegal” actions on its multi-billion-dollar online shopping platform, saying
      AFP; PHOTOS: BLOOMBERG, CFP  -  505 words
    • Article
      Lock icon Alibaba’s new partner to lend to US buyers of Chinese goods
      418 16 REUTERS San Francisco ALIBABA Group Holding Ltd is teaming with LendingClub Corp to offer financing to US businesses to buy from Chinese suppliers, hoping to make it easier for American firms to tap the world’s largest economy. LendingClub, an
      REUTERS  -  418 words
    • Article
      Lock icon Firms fret as Vietnam drops digit to meet rising mobile phone demand
      444 16 REUTERS Hanoi VIETNAM is ringing in changes next month to make way for a standardised phone-numbering plan, but is struggling to get through to businesses hung up on how much it will cost them. The government abruptly announced
      REUTERS  -  444 words
    • Article
      Lock icon A$23,100 McDonald’s ‘special sauce’ – for charity
      275 16 A$23,100 McDonald’s ‘special sauce’ for charity AFP Sydney FAST food giant McDonald’s is giving Australians the opportunity to buy a bottle of the special sauce used on their famous Big Mac the only problem is it will cost at least A$23,100 (S$23,960). The 500 ml “Limited Edition Big Mac Special
      AFP  -  275 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon European shares rally as Greece drops calls for debt write-off
      740 17 Greek retreat may shift attention to Tsipras’s desire to increase spending and roll back austerity REUTERS BLOOMBERG London EUROPEAN shares rallied and yields on eurozone government bonds tumbled on Tuesday after the new Greek government dropped calls for a write-off
      REUTERS; BLOOMBERG  -  740 words
    • Article, Illustration
      Lock icon Greek’s finance minister ruffles a few feathers
      795 17 BLOOMBERG Athens YANIS Varoufakis, Greece’s new Finance Minister, is a brilliant economist. His first steps onto the political stage, though, didn’t seem to go very smoothly. Before joining the Syriza-led government, Mr Varoufakis taught at the University of Texas and attracted a global
      BLOOMBERG; PHOTO: BLOOMBERG  -  795 words
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      Lock icon Japan, US eye penalty system in TPP
      378 17 WP Tokyo JAPAN and the United States have entered the final stages of opinion coordination regarding the Trans-Pacific Partnership (TPP) free trade agreement, aiming to introduce a system of invoking penalties if either country fails to implement accords in automobile trade that are
      WP; PHOTO: REUTERS  -  378 words
    • Article
      Lock icon Modi to tap US$19b hoard in India’s state companies
      737 17 BLOOMBERG New Delhi INDIA is ratcheting up the pressure on state-controlled companies to spend their hoards of cash. Businesses such as Coal India Ltd have been told to step up outlays on major investments to boost the economy, two government officials
      BLOOMBERG  -  737 words
    • Article
      Lock icon Russia considers further easing of rules on risk to take heat off banks
      407 17 REUTERS Moscow THE Russian central bank is considering further relaxing regulation of the banking sector, to ease the burden on banks pressured by Western sanctions and an economic slowdown, a first deputy governor of the central bank
      REUTERS  -  407 words
    • Article, Illustration
      Lock icon RBA cuts interest rates to record low in unexpected move
      884 18 Governor says Aussie growth will be weaker for longer and the jobless rate will peak higher than earlier expected BLOOMBERG Sydney AUSTRALIA’S central bank unexpectedly cut its benchmark interest rate to a record low on Tuesday and said the local
      BLOOMBERG; PHOTO: BLOOMBERG  -  884 words
    • Article
      Lock icon KL’s current account surplus seen falling on LNG slump
      334 18 BLOOMBERG Singapore MALAYSIA’S current account surplus will probably narrow as liquefied natural gas prices drop, according to Bank of America Merrill Lynch, adding a new risk to the nation’s weakening economic outlook. LNG prices may be down 50 per cent by
      BLOOMBERG  -  334 words
    • Article
      Lock icon RBI holds rates steady, boosts banks’ liquidity
      666 18 REUTERS Mumbai INDIA’S central bank held interest rates steady on Tuesday, while boosting banks’ liquidity in a bid to persuade them to lower lending rates after they failed to pass on the benefits of the last official rate cut three weeks ago. The
      REUTERS  -  666 words
    • Article
      Lock icon PBC mulling over policy options to deal with capital flows
      539 18 BLOOMBERG Beijing CHINA’S central bank views with concern the risk of volatile flows of capital into and out of the nation in the coming months, and is preparing steps to help address the danger, according to people familiar with the
      BLOOMBERG  -  539 words
    • Article, Illustration
      Lock icon Poll forecasts slowest growth in 5 years for Indonesia
      440 18 REUTERS Jakarta INDONESIA probably posted its weakest economic performance in five years in 2014 as political uncertainties slowed investments and exports faltered on sliding commodity prices. South-east Asia’s largest economy is finding it harder to fire up its engines of growth
      REUTERS; PHOTO: REUTERS  -  440 words
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  • TRANSPORT
    • Article
      Lock icon Piracy still a bane to shipping
      812 19  -  It is unbelievable and intolerable that ships are being hijacked by pirates in this day and age STRAIT TALK BY DAVID HUGHES YET again we start the year by looking at statistics that shouldn’t exist in the 21st Century. Pirates killed four crew members,
      812 words
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      Lock icon Uber’s biggest rival? Its investor, Google
      856 19 BLOOMBERG New York UBER faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers, hostile members of the press, and some well-fund-ed rivals. But the most significant threat to the app-based transportation company may be much closer to home: one of its
      BLOOMBERG; PHOTO: REUTERS  -  856 words
    • Article
      Lock icon Renault hopes first compact SUV will be popular in China
      222 19 AFP Saint-Denis, France FRENCH carmaker Renault unveiled its first compact SUV, a “crossover” vehicle it hopes will cater to the tastes of urban drivers in Europe and China and rival the popularity of Nissan’s Qashqai. “Our range has been enriched
      AFP  -  222 words
    • Article
      Lock icon Asia traders mull over storing gasoil, petrol on tankers
      448 19 REUTERS Singapore OIL product traders in Asia are starting to consider storing gasoil and petrol on tankers amid oversupply, weak demand and low crude prices, a move that could mean betting prices for the fuels would recover in two to three
      REUTERS  -  448 words
    • Article
      Lock icon Dubai aims to be top airport by retail sales with help from China travellers
      703 19 BLOOMBERG Dubai DUBAI, fresh from capturing the title of busiest international airport from London Heathrow, has set its sights on becoming the world’s top hub by retail sales this year as a flood of Chinese passengers
      BLOOMBERG  -  703 words
    • Article
      Lock icon KL pushing UN to make it mandatory to report conflict zone air risk
      616 20 Aviation agency has proposed a central website for public warnings, but data provision not mandatory REUTERS Montreal MALAYSIA, which suffered two commercial air disasters last year after one jet disappeared and another was shot down over Ukraine,
      REUTERS  -  616 words
    • Article, Illustration
      Lock icon Airline industry can’t agree on aircraft tracking solution
      1338 20 WP Washington THE solution seemed simple after a Malaysia Airlines jet vanished last year over the Indian Ocean: expand the use of technology that keeps tabs on airliners to find them if they crash. Almost a year after the jet disappeared, however,
      WP; PHOTO: REUTERS  -  1,338 words
    • Article
      Lock icon Rolls-Royce unveils service centre in Singapore
      219 20 Singapore ROLLS-ROYCE has launched a Customer Service Centre (CSC) at the Rolls-Royce Seletar Campus in Singapore, the first in a network of such centres to provide regional support to customers. Rolls-Royce aims to support airlines via five customer teams serving Asia-Pacific, the Americas, Europe,
      219 words
    • Article
      Lock icon Russia, Ukraine in indirect talks over key air corridor
      547 20 REUTERS Montreal RUSSIA and Ukraine are holding indirect talks to reopen a key international air corridor over the Black Sea to commercial flights in a plan that could give Ukraine much-needed overflight fees and ease congestion on other crowded air routes,
      REUTERS  -  547 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1941 21 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR MALAYSIA STAR 42 50 7/2 9/2 14/2 17/2 KAISA 3 60 12/2 13/2
    1,941 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      103 21 Experienced Sh/p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES Make A Splash In The Maritime World Via a5i-3hiaritime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime industry,
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  • OPINION
    • Article
      Lock icon Abe faces delicate balancing act in modifying Japan’s defence strategy
      509 22 EDITORIAL JAPAN’S hostage crisis, culminating in the beheading of journalist Kenji Goto by Islamic State of Iraq and Syria (ISIS) militants, was an act of barbarity that deserves the strong condemnation that it got from Japan and the international community.
      509 words
    • Article, Illustration
      Lock icon Jack Ma beating China is hollow win for Alibaba
      742 22  -  THE BOTTOM LINE By William Pesek BLOOMBERG VIEW JACK Ma, 1; China, 0. That seems to be the score in the unusually public tussle between the Alibaba billionaire and Beijing. Rarely does a mainland magnate push back when the Communist Party
      BLOOMBERG VIEW  -  742 words
    • Article, Illustration
      Lock icon Inclusion the way to tackle income inequality
      1063 22  -  Inclusive growth may generate a more prosperous and egalitarian society, whereas redistribution may fail to benefit either inclusion or growth. BY RICARDO HAUSMANN growth.BY RICARDO HAUSMANN T The writer, a former Venezuelan planning minister, is director of the Center for international Development and
      PHOTO: BLOOMBERG  -  1,063 words
    • Article
      Lock icon High chance of further euro weakness from political developments
      846 23  -  COMMENTARY By David Marsh T The writer is managing director and co-founder of The Official Monetary and Financial Institutions Forum (OMFIF), an independent research and advisory group and a platform for confidential exchanges of views between official institutions and private sector
      846 words
    • Article
      Lock icon Need to give more restructuring support to SMEs in 2015
      853 23  -  By Lee Tiong Heng, Yap Hsien Yew T The writers are tax partner and tax senior manager respectively at Deloitte Singapore. The views expressed are their own ONE talking point in the news has been that Singapore has once again
      853 words
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      Lock icon Dalai Lama meeting irritates Beijing during upswing in US-China relations
      1046 23  -  Though Washington’s latest overture to Tibetan leader is set to anger China, the short-term outlook for their bilateral ties is relatively positive, despite some irritants. BY ANDREW HAMMOND BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS
      PHOTO: WHITE HOUSE  -  1,046 words
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Two French additions to Michelin’s best
      697 24 40-year-old Alpine restaurant and head chef of “Ledoyen” win three-star status AFP Paris TWO French restaurants tasted the ultimate accolade in top-level gastronomy on Monday, winning three coveted Michelin stars in the guide’s 2015 edition. “La Bouitte” in the French Alps, run by father-and-son
      AFP; PHOTO: AFP  -  697 words
    • Article, Illustration
      Lock icon The humble fish and chips gets makeover in London restaurants
      625 24 AFP London A SLAB of battered fish on top of a heap of chips doused in salt and vinegar has long been one of Britain’s favourite dinners but now it is getting a reboot. A new wave of fish and
      AFP; PHOTO: AFP  -  625 words
    • Article, Illustration
      Lock icon Sotheby’s to auction five Monets that could fetch a total of £70m
      925 24 BLOOMBERG New York MONET’S light-dappled landscapes are having a day in the sun. Sotheby’s was set to auction five paintings by Claude Monet with a combined estimate of as much as £70 million (S$ 142.4 million) on Tuesday
      BLOOMBERG; PHOTO: AFP  -  925 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      342 24 CRYPTIC CROSSWORD Across 1 Tackle current expense (6) 4 Aircraft with replica Spruce Goose’s tail (8) 10 Recycling centre to go metric? (9) 11 Long for start of trip on small bay (5) 12 See Hurd end rebuilding in part of Chilterns maybe (7) 13 when school is open, I
      342 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      196 25 An inaugural March career fair by STJobs.sg HUNTINGSEASON ISOVER. Stop having to seek out your ideal candidates and let them come to you instead! Be a part of the STJobs Express Fair 2015, the definitive event for companies who are looking to diversify their workforce with the right talent. Why
      196 words
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  • EXECUTIVE MONEY
    • Article
      Lock icon 2015 good year for returns: Fullerton
      543 26  -  Fund also warns volatility may persist due to central banks’ ‘lack of clarity’ on economic outlook. BY GENEVIEVE CUA gen@sph.com.sg @GenCuaBT THE year 2015 is shaping up to be a “good” year for returns, said Fullerton Fund Management chief executive Manraj Sekhon. But volatility
      543 words
    • Article
      Lock icon Divergence to the fore – China and India on new paths
      1024 26  - Divergence to the fore China and India on new paths FullertonTTMONEY MATTERS By Andrew Swan T The writer is head of Asian Equities at BlackRock GROWTH is starting to stabilise in Asia, and we believe this stability should last for cyclical and structural reasons. Cyclically, we see signs of policy
      1,024 words
    • Article, Illustration
      Lock icon If trading bonds is tough, think about the pain when rates rise
      1210 25 Less depth lately has meant greater volatility. So US Treasuries may be prone to more disruptions BLOOMBERG New York TRADING US Treasuries keeps getting tougher and tougher. For decades, the US$12.5 trillion market for US government debt was
      BLOOMBERG; PHOTO: AFP  -  1,210 words
    • Article
      Lock icon More sells than buys in Singapore stocks
      496 25 ON THE RADAR SELLS by global mutual funds outweighed buys in the Singapore stock market in the three months to Jan 28. Based on transactions in the top five stocks, there was S$ 1.09 billion worth of net sells compared to S$ 1.02
      496 words
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      304 26 INVEST FOR YOUR FAMILY'S FUTURE IN A FEW SIMPLE STEPS. r iS A INVESTMENTS I SAVINGS Visit oldmutualinternational.com Formerly known as SkdllCliB* International I A\ tm\ f, J The path to financial security needn't be a difficult one. It just requires a sense of direction, clear guidance and the kind
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