The Business Times, 5 September 2015

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Microfilm: NL33613
Total Pages: 38
1 16 The Business Times
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  • TOP STORIES
    • Article
      Lock icon Emerging equity markets in crisis, little relief in sight: IIF
      650 2  -  It could be a long downturn, it says, as it also flags a spike in mature markets’ volatility By Anthony Rowley btworld@sph.com.sg Tokyo EMERGING equity and currency markets are in crisis, and bond markets in emerging economies appear poised for
      650 words
    • MARKETS
      • Article
        Lock icon STOCKS
        58 2 HSTI 2,863.81 (-42.62) HSTI FUTURES 2,866.00 (-42.00) HSIMSCI 318.55 (-4.22) HSIMSCI FUTURES 318.40 (-4.60) STOCKS Friday Change KL COMP 1,589.16 -13.59 NIKKEI 225 17,792.16 -390.23 HANG SENG 20,840.61 -94.33 SET 1,370.75 -12.73 JAKARTA 4,415.34 -17.77 MANILA 7,051.78 -46.98 KOSPI 1,886.04 -29.49 SHENZHEN B Closed MUMBAI IND 25,201.90 -562.88 11.45am
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.35 MALAYSIA 6.85 HONG KONG 5.00 INDONESIA 14.746 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.70 SWITZERLAND 0.50 INDIA 14.45 Source: Bloomberg
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      • Article
        Lock icon FOREX
        49 2 US$ S$ US$ (S$ per US$) 1.416 (US$/S$ per 1.523 2.156 EURO (US$/S$/€ 1.114 1.578 Foreign currency per US$ S$ YEN 119.20 84.20 RM 4.257 3.007 HK$ 7.750 5.474 BAHT 35.83 25.31 RUPIAH 14,175 10,012 RENMINBI 6.356 4.489 INDIAN RUPEE 66.42 46.92 A$ 1.433 1.012 NZ$ 1.570 1.109
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    • Article, Illustration
      Lock icon Freedom takes a stand
      459 10 with place cables Kevlar more attached to the ring And build. triumph terror. the for to stands of forces the US$94 Singapore US$109 London US$124 Tokyo BT Infographics TIMES BUSINESS stand THE 2006 Construction begins 2009 The tallest development, formerly dubbed Freedom Tower, changed its official
      Source: New York Times, http://guymanningham.com/; BT graphics: Simon Ang, Lee Meixian and May Phuy Oo; Source: Newmark Grubb Knight Frank Research  -  459 words
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      Lock icon Page 2 Advertisements Column 1
      52 2 CONTENTS LIVING Living L2-3 NEWS Top Stories 2-6 Raffles Conversation 8-9 Companies Markets 11-15 Real Estate 18-19 Househunt 19 Banking Finance 20 Technology 21 Consumer 22 Transport 24 Govt Economy 25 Opinion 26-27 Wealth 28-30 Life Culture 31 Dining L4-7 BT Wine Challenge L8-9 Style L10-11 Health L13 Motoring L14-15
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    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      9 2 45Liquidity fears overblown as market stays steady, Page 20
      9 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      224 3 Regent s Park THE CHARM THAT NEVER FADES SIGNATURE SELECTION selection C of prime "5 properties ii LUXURY. m fl SENSORY EXPERIENCE 5 1 Bedrooms CONTACT US FOR PRIORITY PRIVILEGES +607 277 3748/+607 277 3668 www.eastledang.com FOLLOW US AT 0 eastledang www.facebook.com/eastledang.uemsunrise EAST LEDANG uemC A member of UEM Group
      224 words
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  • SINGAPORE GENERAL ELECTION
    • Article
      Lock icon WP: Credit for policy U-turns goes to those who voted against PAP
      644 4  -  Party says it will stop engaging in sparring over AHPETC issue By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE Workers’ Party (WP) on Friday tried to put an end to the verbal sparring over the town council issue that
      644 words
    • Article
      Lock icon SPP takes aim at PAP’s housing, education policies
      280 4  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore CANDIDATES of the Singapore People’s Party (SPP) team contesting Bishan-Toa Payoh Group Representation Constituency (GRC) criticised the ruling People’s Action Party’s (PAP) policies on housing and education in the SPP’s first rally on Friday night. Law
      280 words
    • Article
      Lock icon Rally watch
      166 4 TIME RALLY SITE ELECTORAL DIVISION PARTY 7 pm to 10 pm 7 pm to 10 pm 7 pm to 10 pm 7 pm to 10 pm 7 pm to 10 pm 7 pm to 10 pm 7 pm to 10 pm 7 pm to 10 pm Field in
      166 words
    • Article, Illustration
      Lock icon PAP seeks to build strong Fengshan community
      537 5  -  Candidate Cheryl Chan will focus on elderly, underprivileged children By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore FAMILY emerged as a strong theme in the speeches at Friday evening’s rally in Fengshan, where the People’s Action Party (PAP) team from East Coast group representation constituency
      PHOTO: KEVIN LIM/ THE STRAITS TIMES  -  537 words
    • Article, Illustration
      Lock icon Real estate agents feature strongly among opposition-party candidates
      879 6  -  Four are from PropNex. They say they are ready to raise non-housing issues if elected By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore HAS the tepid property market created a new impetus for real estate agents to enter politics? Even as opposition parties here
      879 words
    • Article
      Lock icon NSP: Let people buy first HDB flat at cost
      514 6  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore NATIONAL Solidarity Party (NSP) on Friday offered its own solution for the younger generation. In the party’s first rally at Woodlands, party president Sebastian Teo proposed that Singaporeans be allowed to buy their first HDB
      514 words
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      Lock icon Page 5 Advertisements Column 1
      30 5 Credit Suisse ilif m tr .1? riP.-7fW3W 7 TT m -itr IfM IS i i-; U U ’tv w***? 7«sij- m 1 »io flourish open up for you at cr4dlt-suisse.com/4rescobaldi
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      265 7 World Amateur Golfers Championship SINGAPORE FREE! Join the national golf tour that allows you to compete with peers Get a Canon IXUS 160 worth $169 when you register.** GALA DINNER (14 OCT) LUCKY DRAW PRIZES TO BE WON! 5 golfing packages (flight of 4 golfers) at the Rancamaya Golf and
      265 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Visionary drive
      1719 8 / 9  -  Singapore National Eye Centre medical director Wong Tien Yin has bold ideas for the centre: to embrace the start-up way of thinking and become a top healthcare name in the world. By Claire Huang By Claire Huang huangjy@sph.com.sg @ClaireHuangBT IF the eyes are the windows to our souls,
      PHOTO: YEN MENG JIIN  -  1,719 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon UOL, Yangzijiang, SATS up on news of joining STI
      502 11  -  Stocks they are replacing Jardine Matheson, Jardine Strategic, Olam fall on Friday as STI dips 1.47% By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SHARES in UOL Group, Yangzijiang Shipbuilding Holdings and SATS picked up in trading and price on Friday on news
      502 words
    • Article
      Lock icon Creating a consumer-centric app? Singtel contest seeks entries
      362 11  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore SINGTEL on Friday launched Singtel Accelerator Challenge 2015 and called for local submissions of con-sumer-centric mobile apps in any of these areas: lifestyle, on-demand economy, smart living and health. Up to two winners could each win
      362 words
    • Article
      Lock icon Offeror seeking to take Lizhong private has 84.15%
      276 11  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE offeror making a bid to take Chi-na-based Lizhong Wheel Group private has garnered a stake of 84.15 per cent as at 5pm on Friday close to the 90 per cent level that will turn the
      276 words
    • Article, Illustration
      Lock icon STI down 1.5% amid fall in Dow futures
      554 12  -  STOCKS| R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE closure of China’s market on Thursday and Friday to commemorate the 70th anniversary of the end of World War II may have helped ease pressure on the Straits Times Index (STI) on Thursday, but
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    • Article
      Lock icon GAINERS
      75 12 BY CENTS CLOSE UP 52w high/low DBS Bk 4.7% NCPS ***** 80.0 0.8 *****/***** Hyflux 6% CPS ***** 30.0 0.3 *****/***** DBXT Vietnam US$ 2308 24.1 0.7 3100/2139 Lyxor MS India US$ 1506 24.1 1.1 1840/1332 SATS 371 19.0 5.4 392/283 BY PERCENTAGE CLOSE UP 52w high/low LifeBrandz 0.5
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    • Article
      Lock icon LOSERS
      73 12 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -412.0 -2.4 *****/***** DBXT MSJAP US$ 4626 -277.5 -4.1 5277/4291 JMH USD 4920 -158.6 -2.2 6788/4620 GLD US$ ***** -104.8 -0.7 *****/***** JSH USD 2772 -103.3 -2.6 3784/2706 BY PERCENTAGE CLOSE DOWN 52w high/low China Hongcheng 0.3 -62.5 -0.5
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    • Article
      Lock icon MOST ACTIVE
      36 12 VOLUME Ezra 93,737,900 IHC 63,953,200 Global Logistic 50,727,400 Fu Yu Corp 48,980,700 StratechGroup 46,920,400 Market volume 1,256,075,000 VALUE Singtel 124,367,994 DBS Grp 124,295,388 Global Logistic 104,428,128 UOB 76,146,228 OCBC Bank 61,114,363 Market value 1,119,216,000
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    • Article
      Lock icon S’pore, M’sia, Thailand publish guide for cross-border offerings
      233 12  -  By Kenneth Lim kenlim@sph.com.sg @KennethlimBT Singapore AUTHORITIES in Singapore, Malaysia and Thailand have published a handbook to guide companies that hope to offer securities across borders through a streamlined review framework. Issuers who wish to offer shares or debt in more than
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    • Article, Illustration
      Lock icon Genting HK paving way to raise stake in Australia’s Echo
      284 12  -  By Kenneth Lim kenlim@sph.com.sg @KennethlimBT Singapore GENTING Hong Kong (HK) has received approval from one of two Australian authorities to raise its stake in Echo Entertainment Group above 10 per cent, the gaming company announced on Friday. The New South
      PHOTO: BLOOMBERG  -  284 words
    • Article, Illustration
      Lock icon SGX: Firms in material talks should monitor share trading activity
      475 13  -  Exchange gives disclosure pointers, says it will act when trading indicates market misconduct By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore WHILE a company is involved in confidential and material discussions, it must track the trading of its stock, said Tan Boon
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    • Article
      Lock icon UBS lowers HK stock gauge target
      322 13 Bloomb erg Hong Kong UBS Group has lowered its target for Hong Kong’s benchmark stock gauge by 25 per cent, saying its worst-case scenario for the city is coming true as the economy weakens and tourism arrivals decline. The Hang Seng Index will slide
      Bloomberg  -  322 words
    • Article
      Lock icon Cosco unit, shipowner settle arbitration
      289 13  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore AN arbitration in London between Cosco Dalian a subsidiary of Cosco Corporation (Singapore) and a shipowner that had sought a refund of its US$110 million first instalment in late 2013 has been settled. Cosco said in a Singapore Exchange
      289 words
    • Corporate digest
      • Article
        Lock icon DMX Technologies Group
        56 13 DIGITAL media and software provider DMX Technologies has fired chief executive officer Jismyl Teo Chor Khin and chief financial officer Skip Tang Chi Tang for serious misconduct and negligence. Shares of the company have been suspended from trading since March after findings of irregular accounting practices at
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      • Article
        Lock icon Stamford Tyres Corporation
        53 13 TYRE distributor Stamford Tyres said net profit for its first quarter ended July 31, 2015, fell 86 per cent to S$83,000, from S$581,000 a year ago. Total revenue fell 12.5 per cent to S$65.8 million from S$75.2 million a year ago due to lower sales in certain
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      • Article
        Lock icon Yongnam Holdings
        71 13 ENGINEERING and construction firm Yongnam Holdings said it has entered into an interested person transaction with Vee Sen Property Sdn Bhd on Sept 1 to buy three pieces of adjacent freehold industrial land at Ulu Choh, Johor, Malaysia. Vee Sen is 45 per cent owned by non-executive and
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      • Article
        Lock icon Otto Marine Limited
        47 13 OFFSHORE marine group Otto Marine said its wholly owned subsidiary Marlin Fleet has increased the issued and paid-up capital in Deep Sea 1, a wholly-owned subsidiary, by a further US$12 million. This was done by capitalising the amount Deep Sea 1 owed to Marlin.
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      • Article
        Lock icon Blue Sky Power Holdings
        63 13 INVESTMENT company Blue Sky Power, which has a secondary listing in Singapore, said it will discontinue its book printing business and focus on its natural gas business in China. The book printing business is facing intense competition with falling revenues and profits, it said. The company
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    • Article
      Lock icon STI STOCKS
      305 14 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 217 -4 220/216 271 214 6.7 5490.9 CapitaLand 275 -5 280/275 379 275 10.1 3.3 ***** CapitaMall Trust 189.5 unch 190/188 228 184.5 5.7 6576.4 CityDev 837 -18 853/834 1095 834 10.1
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    • Article
      Lock icon SGX ETFs Most Active
      112 14 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 291 -5 617 294/290 355/287 291/292 IS MS INDIA US$ US664 -14 201 684/659 1000/652 661/664 83 Nikko AM STI ETF 295 -5 63 298/294 422/288 294/296 7.1 UETF SSE50China 214 +2 51 214/214
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    • Article
      Lock icon SIBOR
      28 14 Sep 4 1 mth 0.***** 2 mths 3 mths 1.***** 6 mths 1.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 1.***** Source: Thomson Reuters
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      796 14 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Aug 31 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Neo Grp 02-Sep-15 Yeo Kok Tong Buy 20 0.79 0 0.00 20 0.01 Mewah Intl 02-Sep-15 Cheo
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 14 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 9 1 0 0 0 2 9 1 Manufacturing 34 50 26 5 7 10 39 57 36 Commerce 19 18 10 3 6 4 22 24 14 Tpt/Stor/Comms 6 21 7
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 14 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,950 13,950 49,481 49,481 Manufacturing 211,778 45,806 257,584 91,202 1,709 92,911 Commerce 40,438 26,232 66,670 87,842 870 88,713 Tpt/Stor/Comms 192,148 853 193,001 200,692 65 200,757 Finance 22,707 30 22,737 277,673 5 277,678 Construction 24,634 6,935
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 14 Sep 4 VALUE CLOSE BT OB/OS -170.00 +98.00 BT CADI -*****.00 -109.00 BT 10-day MA -*****.00 -17.00 FTSE ST Mid Cap 660.88 +0.15 FTSE ST Small Cap 397.36 -0.56 FTSE ST All Share 686.95 -8.03 FTSE ST China Top 164.56 -2.41 FTSE ST China 199.63 -4.06 FTSE
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 14 VOL CLOSE($) CHANGE TTJ 538.5 0.320 -0.130 -28.89 Plastoform 69.0 0.290 +0.030 +11.54 Shangri-La HKD 17.0 7.400 -1.600 -17.78 China Hongcheng 760.0 0.003 -0.005 -62.50 FabchemChina 19.0 0.350 +0.115 +48.94 Top Global 16,351.1 0.004 -0.001 -20.00 Zhongxin Fruit 50.1 0.023 +0.009 +64.29 Lizhong Wheel 33,568.9 0.500 +0.005 +1.01
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    • Article
      Lock icon COMMODITY FUTURES
      193 15 Sep-3 Price Net change change Last Trade Agricultural Sep-3 CBOT Soybeans (US cents/bu) 879.75 -4.00 -0.45% 14/09/2015 CBOT Soybean Oil (US cents/lb) 26.76 unch 0.00% 14/09/2015 CBOT Wheat (US cents/bu) 456.50 -16.50 -3.49% 14/09/2015 Sep-3 LIFFE Cocoa (£/tonne) 2091.00 -4.00 -0.19% 15/09/2015 LIFFE Coffee (US$/tonne) 1585.00 9.00 0.57%
      193 words
    • Article
      Lock icon PALM OIL
      57 15 Sep 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 15 1950.0 1955.0 1960.0 1933.0 137 1988 Oct 15 1984.0 1989.0 1999.0 1970.0 1603 ***** Nov 15 2023.0 2031.0 2042.0 2009.0 ***** ***** Dec 15 2070.0 2079.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      67 15 Sep 4 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.1 102.21 102.13 5-Year N*****0S 2.000 01-Jul-20 99.48 99.55 99.45 10-Year NX*****Z 2.375 01-Jun-25 96.62 96.65 96.20 15-Year NZ*****F 2.875 01-Sep-30 97.58 97.70 97.20 20-Year NZ*****V 3.375 01-Sep-33 103.78
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 15 Sep 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9880 0.9882 0.6979 0.6980 Canadian dollar 1.0705 1.0710 0.7565 0.7561 Euro 1.5775 1.5778 1.1143 1.1144 NZ dollar 0.9017 0.9023 0.6369 0.6373 Sterling pound 2.1557 2.1565 1.5227 1.5232
      155 words
    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      203 15 Sep 4 Most active Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 15.3 -1.7 9100 0.1 1860 5 UOB MB eCW*****1 13.1 -2.4 7436 0.1 2080 4 OCBC Bk MB eCW*****1 15 -1.1 4456 0.2 900
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      373 15 In local curr In S$ In US$ dy yr dy yr dy yr Sep 3 Index Change Change Change Change Change Change World Preliminary 1244.6 1.1 -2.4 0.8 1.9 0.9 -4.6 EAFE Preliminary 992.5 1.4 0.6 0.7 2.6 0.8 -4.0 Europe Preliminary 1399.1 2.0 1.3
      373 words
    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        20 15 ytd change: -14.90% 52-week high: 3,539.95 on April 15,2015 52-week low: 2,843.39 on Aug 24,2015 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Hang Seng Index
        20 15 YTD change: -11.71% 52-week high: 28,442.75 on April 28,2015 52-week low: 20,840.61 on Sept 4,2015 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        26 15 YTD change: -2.30% 52-week high: 5,166.35 on June 12,2015 52-week low: 2,289.87 on Sept 22,2014 (Chart shows Wednesday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
      • Article, Illustration
        Lock icon Nikkei 225
        19 15 YTD change: +1.96% 52-week high: 20,868.03 on June 24,2015 52-week low: 14,532.51 on Oct 17,2014 Source: Bloomberg
        Source: Bloomberg  -  19 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        26 15 YTD change: -8.13% 52-week high: 18,312.39 on May 19,2015 52-week low: 15,666.44 on Aug 25,2015 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
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      528 11 NOTICES THE BVI BUSINESS COMPANIES ACT, 2004 CAYSON INVESTMENTS LIMITED (Company Number: *****96) (the "Company") (IN VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 204(1)(b) of the BVI Business CompaniesAct 2004, as amended, that the Company is in voluntary liquidation. The date of commencement of the liquidation is 26
      528 words
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  • Page 16 / 17 Advertisements
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      39 16 / 17 I n I m w AC CHANEL FINE JEWELLERY J w 9 ft ws f-4 W O ?Si H SOUS LE SIGNE DU LION NECKLACE IN YELLOW GOLD AND DIAMONDS RING IN WHITE GOLD, ROCK CRYSTAL AND DIAMONDS www.chanel.com
      39 words
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  • REAL ESTATE
    • Article
      Lock icon Spain’s real estate sector starting to hum
      771 18 Property prices, rents rising; construction sector adding jobs; Reits doing well Bloomberg Madrid SERGIO Berdion lived his whole life in Madrid until 2012, when Spain’s real-estate collapse drove him to Chile in search of work. Last year, he came back. The 36-year-old, who
      Bloomberg  -  771 words
    • Article, Illustration
      Lock icon Hoshino eyes Japan hotel chain expansion as visitors rise
      514 18 It has identified 30 to 40 cities around Japan as possible locations Bloomberg Tokyo HOSHINO Resort Co may expand its new chain of hotels in Japanese cities to as many as 20 after the luxury-resort operator first bought four such properties
      Bloomberg; PHOTO: BLOOMBERG  -  514 words
    • Article
      Lock icon Househunt
      1124 19 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JULY 22 AND JULY 28, 2015 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 27/07/2015 99 904 1574 1741 Commonwealth Twr Apt 27/07/2015 99 463
      1,124 words
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon UBS diverts deposits to cut Basel III costs
      471 20 Banks moving rich clients’ cash to structured notes and SPVs Bloomberg Hong Kong UBS GROUP has shifted more than US$5 billion of riskier Asia-Pacific deposits into alternative cash investments as new rules raise the cost of holding them. The world’s largest manager
      Bloomberg; PHOTO: REUTERS  -  471 words
    • Article
      Lock icon Liquidity fears overblown as market stays steady
      879 20 Other parties filling gap caused by banks’ exit due to new post-crisis regulations IFR New York AS the US corporate bond market toughs out the latest round of volatility, a growing chorus of voices now says that all the nervous talk of a
      IFR  -  879 words
  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      47 20 HOT PROPERTY RARE CHAPEL CLOSE Apts! FH, Ground floor, landed feel 1335sqft 3rms $1.55m neg Mins to Katong i12 Tao Nan. COSTA RHU 2-BDRM 990 sf. Direct Bay fireworks view Tenanted. Windy. APARTMENTS FOR SALE Check out these properties and more in The Straits Times Classified now!
      47 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Facebook education initiative targets students as individuals
      695 21 It is developing software that schools can use to help children learn at their own pace NYT San Francisco FACEBOOK, which transformed communication with its social networking service, now wants to have a similar effect on education. The Silicon Valley company announced on
      NYT; PHOTO: NYT  -  695 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      1012 21 NOTICES LAFE CORPORATION LIMITED (Incorporated in Bermuda on 8 April 1999) (Company Registration Number *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting (“SGM”) of Lafe Corporation Limited (the “Company”) will be held at Concorde Hotel, 100 Orchard Road, Orchard, Singapore *****0 on Saturday,
      1,012 words
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  • CONSUMER
    • Article, Illustration
      Lock icon US retailers kick off ‘Force Friday’
      583 22 Disney Store, Target, Walmart, Toys ‘R’ Us and Amazon are in on the Star Wars action WP Washington IF you find on Friday that your “Star Wars” nerd friends seem a little antsy and distracted, you might chalk it up to the arrival of
      WP; PHOTO: BLOOMBERG  -  583 words
    • Article
      Lock icon Aspirin found to enhance effectiveness of immunotherapy
      306 22 Reuters London GIVING cheap aspirin to cancer patients may turbo-charge the effectiveness of expensive new medicines that help their immune systems fight tumours, experiments on mice suggest. Immunotherapy promises to revolutionise cancer care by offering a better, longer-lasting response with fewer adverse side
      Reuters  -  306 words
  • Page 22 Advertisements
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  • TRANSPORT
    • Article
      Lock icon MPA, NUS set up maritime law centre
      332 24  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore ALREADY known for its transhipment port, the Republic now wants to make a splash in the international arena of commercial maritime law a field currently dominated by the likes of London and New York. The local port
      332 words
    • Article, Illustration
      Lock icon Tata aims to restore Jaguar’s cachet in US
      955 24 India carmaker introduces new models, renews commitment to compete with luxury heavyweights NYT Detroit WHEN Tata Motors acquired the Jaguar and Land Rover brands in 2008, the deal added a new twist to the rapid globalisation of the car industry. It raised
      NYT; PHOTO: REUTERS  -  955 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      25 24 One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
      25 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon August payrolls rise less than forecast
      659 25 Fall in jobless rate to 5.1%, increase in wages sustain prospects of Fed rate hike in September LATEST US DATA Reuters Washington US payrolls rose less than expected in August, but a drop in the unemployment rate to a near 7 1 /2-year low
      Reuters  -  659 words
    • Article, Illustration
      Lock icon Jokowi shows that he means business, pushes through several measures
      784 25 Bloomberg Jakarta INDONESIAN President Joko Widodo is adding urgency to his efforts to salvage his economic agenda. The president, “upset” at the lack of change, brought former finance minister Rizal Ramli into his Cabinet in a reshuffle last month to
      Bloomberg; PHOTO: BLOOMBERG  -  784 words
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  • OPINION
    • Article, Illustration
      Lock icon Thriving in the midst of uncertainty
      1948 26 / 27  -  Companies that use a traditional strategy process to cope with uncertainty may find themselves playing catch-up with more nimble rivals. BY Martin Toner, Nikhil Ojha, Piet de Paepe, Miguel Simoes de Melo and Wade Cruse ~The writers are all Bain partners and members of
      PHOTO: BLOOMBERG  -  1,948 words
  • Page 26 / 27 Miscellaneous
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Hedge funds prosper in tumult
        1173 28 / 29  -  A number of hedge funds, both big and small, are recording double-digit gains this year. By Alexandra Stevenson and Matthew Goldstein NYT AMARKETsell-offt h a t r i c o c h e t e d across the globe last month reversed the fortunes of
        NYT; PHOTO: AFP  -  1,173 words
      • Article
        Lock icon BROKERS' TAKE
        585 28 / 29  -  Compiled by Kenneth Lim SMRT Corp Hold Sept 4 close: S$1.18 Target price: S$1.22 DBS Group Research, Sept 4 We upgrade our recommendation to “hold” (from “fully valued”) with an adjusted target price of S$1.22. Since the July 7 train disruption incident and our downgrade thereafter, SMRT’s share
        585 words
      • Article, Illustration
        Lock icon Here’s why not to worry about China (too much)
        852 30  -  Beijing is determined to avoid prompting a global collapse; US economy is recovering By William Pesek Bloomberg View THIS week’s holiday to commemorate the end of World War II couldn’t have come at a better time. For a global financial system
        Bloomberg View; PHOTO: REUTERS  -  852 words
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Wanna float in space with a whisky in hand?
      924 31 Scotch distiller Ballantine’s looks at the future, financing development of a glass for a zero-gravity environment NYT New York WHEN space tourism finally takes off and the rich and famous head off for a holiday in orbit as easily as on
      NYT; PHOTO: NYT  -  924 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      309 31 CRYPTIC CROSSWORD Across 1 Increase favouring prisoner with a case of these (11) 9 In the chair, begging with leader to be dismissed (7) 10 Fall on east side of the pond (6) 12 Person getting on from Dorset, moving across West of Liskeard (7) 13 Low returns on rent
      309 words
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      39 32 THERE ARE EXCEPTIONS TO EVERY RULE. MILLENARY DIAMOND SET. SINGAPORE AUDEMARS PIGUET BOUTIQUE FORUM THE SHOPPING MALL 583 ORCHARD ROAD, #01-05/06 TEL (65) 6836 4918 THE SHOPPES AT MARINA BAY SANDS CASINO LEVEL B2M-207 TEL (65) 6688 7595 AUDEMARSPIGUET.COM
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      63 1 LivingBTTHE BUSINESS TIMES WEEKEND SEPTEMBER 5 6 2015 DINING Fine dining made easy L4-5 BRINGING OUT YOUR INNER CHILD Kids-inspired activities designed for adults L2-3 STYLE Back in fashion L10-11 MOTORING One-litre wonder L14 DESIGN It’s not easy being green L12 BT WINE CHALLENGE A grape most versatile L8-9 PHOTO:
      63 words
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  • BT Living
    • LIVING
      • Article, Illustration
        Lock icon Bringing out your inner child
        2171 2 / 3  -  Good news. Childhood pleasures don’t have to end when you grow up, not with these kids-inspired activities designed for adults. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg @T aySuanChiangBT Sense of wonder NAME an activity you enjoyed as a child. Catching spiders? Playing
        MARSHALL CAVENDISH; PHOTOS: ATAS, DARREN SOH, FILE PHOTO; PHOTOS: DISTRICT EIGHT DESIGN; PHOTOS: DOMESTIC OBJECTS  -  2,171 words
    • DINING
      • Article, Illustration
        Lock icon Fine dining made easy
        1789 4 / 5  -  Restaurant-quality food at home is a cinch thanks to new services that include private cooking lessons and gourmet food delivery by well-known chefs. By Rachel Loi By Rachel Loi @RachelLoiBT rachloi@sph.com.sg Cook like Stroobant Classes de Cuisines Au Saint Pierre 31 Ocean Way, #01-15 Quayside Isle
        1,789 words
      • Article, Illustration
        Lock icon Set for sweet success
        2160 6 / 7  -  Move over macarons and cupcakes, the next big thing in the confectionery scene could just well be the eclair. By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT Karafuru 8 Jalan Klapa Z*****430 Opening hours: Tues to Sun, 1pm to 10pm IN today’s world, where it is deemed mandatory
        2,160 words
    • BT WINE CHALLENGE 2015
      • Article, Illustration
        Lock icon A white wine grape most versatile
        1406 8 / 9  -  Anything but Chardonnay? The first 10 of The Business Times Wine Challenge 2015’s Top 50 wines show why that bias is outdated. By Chan Wai Xin By Chan Wai Xin CHARDONNAYisboth famous for its importance as a wine grape, and infamous for being unfashionable.
        1,406 words
    • STYLE
      • Article, Illustration
        Lock icon Back in fashion
        1414 10 / 11  -  The notion of fashion as a cyclical beast goes into overdrive as H&M unveils a range of cool denims, including girlfriend jeans, jumpsuits and hoodies, made from discarded clothing. By May Yip By May Yip AS much as faded flares and workmen dungarees are synonymous with hippy
        1,414 words
    • DESIGN
      • Article, Illustration
        Lock icon ‘It's not easy being green’
        973 12  -  Sustainable design pioneer Kenneth Yeang quotes his favourite Sesame Street character on being given his latest accolade, Green Architect Lifetime Achievement Award. By Arthur Sim By Arthur Sim TO be a good architect, sometimes it means not building anything at all. And it is something
        PHOTOS OF BUILDINGS: T R HAMZAH & YEANG  -  973 words
    • HEALTH
      • Article, Illustration
        Lock icon Younger hearts at risk
        1486 13  -  Studies show that young adults with no symptoms can also suffer heart artery disease Michael Lim Dr Lim is the medical director at Singapore Heart, Stroke Cancer Centre. He is currently a professor at Fudan University, Shanghai and the vice-president of both the World Chinese Doctors
        PHOTO: REUTERS  -  1,486 words
    • MOTORING
      • Article, Illustration
        Lock icon One-litre wonder
        569 14  -  The Audi A1 1.0 TFSI S tronic ultra has a small but powerful three-cylinder engine. By Samuel Ee samuelee@sph.com.sg IT MAY be a surprise to learn that premium carmaker Audi has a small one-litre engine, but it should be even more surprising to discover that it packs a
        569 words
      • Article, Illustration
        Lock icon MOTOR MEDALLIST
        581 15  -  The McLaren 650S Spider’s 3.8-litre V8 wins the Engine of the Year award again. By Samuel Ee samuelee@sph.com.sg HOW does one create the recipe for an International Engine of the Year award? For McLaren, it’s easy just mix two turbos with eight cylinders, throw in a flat-pane crankshaft,
        581 words
    • BT CORPORATE GOLF LEAGUE 2015
      • Article, Illustration
        Lock icon Narrowing the gap on the greens
        264 16  -  Team Seagull Gayatri reign with 420 points; Boustead trail by 2 points. By Justine Moss WITH two rounds to go in this year’s BT Corporate Golf League, the gap has narrowed between the top few teams in the competitive category. Seagull Gayatri top the
        264 words
      • Article
        Lock icon Enjoying the game and camaraderie
        316 16 THIS is Consistel’s first year of competing in the league, and the wireless network solutions provider has enjoyed its time in the competition. “The Business Times League has been incredibly well organised and the entire Business Times team has really done a wonderful job. We
        316 words
      • Article, Illustration
        Lock icon In third position, and raring to go
        208 16 CURRENTLY lying in third position in the competitive category with 409 points is one of the league’s consistent performers since the competition’s inception. Bank of Singapore (OCBC) have returned for the sixth time, and as team captain Olivier Denis emphasises: “It is a
        208 words
      • Article, Illustration
        Lock icon It’s all about the company
        200 16 SEAH Construction have returned to play in the league’s social category for the second year running. Explains team captain Mike Seah: “We have again decided to enter this event in the social category due to the fact that we have not been practising enough golf
        200 words
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      50 6 / 7 L’éclair By Sarah Michelle 190 Clemenceau Avenue, Singapore Shopping Centre, #01-28 http://www.leclair.com.sg/ Opening hours: Tues-Fri 11am 8pm, Sat 11am to 9pm, Sun 11am to 6pm, closed on Mondays LAST Christmas, pastry chef Michelle Looi had the daunting task of piping 1,000 eclairs by hand on her own in her home,
      50 words
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      133 8 / 9 BT Wine Challenge 2015 Readers’ Contest organisation and contact number. Three readers will each receive an exclusive invitation for two. NOW, wine lovers like you will get a chance to savour some of these award-winning labels, along with a gourmet buffet spread, at our exclusive awards ceremony on Oct 9.
      133 words
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      625 10 / 11 wine&dine with BTWeekend Atrium Lounge Marina Mandarin Singapore 6 Raffles BoulevardZ6845-1111 Let there be Champagne Lighten up your month of September at Atrium Lounge where you can enjoy free flow of bubblies available daily from 6pm to 10pm. Savour exquisite flavours of Nomine Renard Brut NV, delicate bouquets of Nomine
      625 words
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