The Business Times, 2 January 2016

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Microfilm: NL33744
Total Pages: 37
1 28 The Business Times
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      58 1 THE BUSINESS TIMES WEEKEND JANUARY 2 3 2016 BT Living CLOSER TO HOME Staycations gaining popularity among Singaporeans L2-4 DINING Culinary milestones L5-7 PHOTO: SOFITEL SENTOSA TRAVEL From drab to fab L10-11 MOTORING New cat on the block L14 HEALTH Defining high blood pressure L13 GOLF Exciting calendar ahead L16
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  • THE BUSINESS TIMES WEEKEND | JANUARY 2 – 3 2016 BT Living
    • TRAVEL
      • Article, Illustration
        Lock icon Closer to home
        871 2/3  -  A quick and easy getaway option, staycations are gaining popularity among Singaporeans amid new local hotel offerings. By May Yip By May Yip NOT just for those with limited leave and miniscule budgets, staycation deals are increasingly attracting Singaporeans, who are splurging out on the quickie respites
        871 words
      • Article
        Lock icon Overseas without the hassle
        210 2/3 WHY worry about ferry safety or having to find a last-minute flight that doesn’t break the bank, when you can opt for a spontaneous island getaway to Sentosa? The Sofitel Sentosa Resort and Spa’s location within 27 acres (11 ha) of tropical woodlands makes guests feel
        210 words
      • Article, Illustration
        Lock icon Designer touch
        258 2/3 HE is known for designing The Delano in Miami, so it’s perhaps apt that Philippe Starck’s first hotel here is The South Beach. Oozing with design inspirations at every turn (stripes, pop hues and marble in one room? Why not?), the perfectly curated design elements assault and soothe
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      • Article, Illustration
        Lock icon Perfect stay with loved ones
        215 4 MOST hotels would frown at guests throwing parties in their rooms. But while Hotel Jen Tanglin probably doesn’t quite encourage you to release your inner Keith Richards, the new property is made for hosting a gathering with loved ones. The S$45 million makeover includes 565
        215 words
      • Article, Illustration
        Lock icon Getaway with a cultural twist
        214 4 EMBARK on a trail through cultural enclaves, admire the gold-gilt lacquered cupboards that house your mini bar, and even rest against a padded silk headboard block-printed with a contemporary interpretation of Peranakan tiles. For those who are after a staycation that goes a little beyond
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      • wine&dine
        • Article
          Lock icon Carlton City Hotel Singapore
          117 4 with BTWeekend 1 Gopeng StreetZ6632-8922 Sunday Recovery Brunch Brunch just got more eggs-citing at Plate. Enjoy your fill of eggs, done your way, alongside a ‘live’ barbecue station serving quick-grilled minute steaks, an assortment of sausages, kebabs, eggs and other all-time grilled favourites. Complement these with
          117 words
        • Article
          Lock icon 10 at Claymore
          121 4 Pan Pacific Orchard, 10 Claymore RoadZ6831-6686 The All-Time Greatest Hits Kickstart the New Year with a medley of mouthwatering delights as we bring back the all-time favourites of 10 at Claymore, the Epicurean Star Awards’ Best Buffet for 2015. This January, we present our most popular dishes
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        • Article
          Lock icon Serenity Spanish Restaurant
          168 4 391 Orchard Road, Ngee Ann City Takashimaya SC #05-32Z6235-9989 No 1 Harbourfront Walk, VivoCity #01-98/99 Z6376-8185 Pioneering authentic Spanish cuisine in Singapore, Serenity opened its first outlet in VivoCity six years ago and the second outlet in Sanur Bali Indonesia. Now the third Serenity is newly opened
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        • Article
          Lock icon Kopi Tiam
          113 4 Swissotel The Stamford, Level 2 Z6431-6156 Explore the multi-cultural flavours of Singapore at Kopi Tiam, undoubtedly the perfect place for locals and tourists. Savour specialties such as crispy prawn fritters and rojak or all-time favourites such as fish head curry and laksa, which continue to delight those craving
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      • Article, Illustration
        Lock icon From drab to fab
        939 10 / 11  -  The State Buildings in Perth have been restored to their former glory. By Corinne Kerk FOR 20 years, three historically significant late Victorian stone and brick buildings stood languishing in Perth’s prime central business district. Also known as the State Buildings, the much needed restoration work
        939 words
      • Article, Illustration
        Lock icon Getting the right mix
        665 10 / 11 IT’S not easy to curate the right mix of hotel, F&B and retail spaces into a heritage complex, but the developers of the State Buildings got it right on the money with a collection of artisanal shops and renew-concept restaurants and bars. On the retail front,
        665 words
      • Article, Illustration
        Lock icon Trip of a lifetime
        708 12  -  Seeking more than sightseeing, savvy tourists are looking for experiences from their travels. By Avanti Nim By Avanti Nim avantin@sph.com.sg HOW many people have you met who’ve actually stuck to their New Year’s resolutions past January? Instead of fretting over that pesky list of things that’ll
        708 words
    • DINING
      • Article, Illustration
        Lock icon CULINARY MILESTONES
        2629 5 Singapore restaurateurs look back at the highlights of the past year, give their observations on industry trends and share their plans for the year ahead. By Rachel Loi review 2015 rachloi@sph.com.sg @RachelLoiBT Loh Lik Peng Director of Unlisted Collection IT has been a busy 2015 for hotelier and
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    • WATCHES
      • Article, Illustration
        Lock icon SIHH 2016: Year of the Diva?
        1175 8 / 9  -  Watch-makers have unveiled teasing surprises in the run-up to the annual De La Haute Horlogerie, and they are setting the pulse of collectors racing. By Chuang Peck Ming By Chuang Peck Ming peckming@sph.com.sg@PeckmingBT THE Richemont watch brands can’t wait to show off their new
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    • HEALTH
      • Article, Illustration
        Lock icon Defining high blood pressure
        1682 13  -  Identifying patients who need treatment for the condition can be unexpectedly difficult Michael Lim BLOOD pressure (BP) is one of the commonest assessments performed when we visit a doctor’s clinic. Although it is a simple measurement, it is one of the parameters that has an important
        PHOTO: BLOOMBERG  -  1,682 words
    • MOTORING
      • Article, Illustration
        Lock icon New cat on the block
        644 14  -  Jaguar has transformed the XF in terms of size and refinement. By Samuel Ee samuelee@sph.com.sg THE new Jaguar XF looks so big and so buff that it is hard to believe it is actually slightly shorter than the car it replaces. In fact, 7mm was
        644 words
      • Article, Illustration
        Lock icon TWO TO GO
        657 15  -  The big Audi Q7 has a new and efficient two-litre engine option. By Samuel Ee samuelee@sph.com.sg THE Audi Q7 2.0 may not be the most expensive two-litre model in Singapore (that distinction belongs to the Jaguar XJ) but it is certainly the biggest. For the first time,
        657 words
    • GOLF
      • Article, Illustration
        Lock icon Exciting calendar ahead
        1321 16  -  review 2015 By Justine Moss AS another year ends on the golfing calendar, it’s time to look back and revisit some of the events which made news in the golfing world. It’s also a good opportunity to feature one or two key events to look forward to
        PHOTOS: JURONG COUNTRY CLUB, GETTY IMAGES, SMBC SINGAPORE OPEN  -  1,321 words
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      33 16 ~The SMBC Singapore Open will be held at The Serapong Course at Sentosa Golf Club from Jan 28-31, 2016. Tickets start from S$20 and can be purchased at smbcsingaporeopen.com and ticketing partner APACTix
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  • TOP STORIES
    • Article, Illustration
      Lock icon CONTENTS
      51 2 NEWS Top Stories 2-6 Raffles Conversation 8-9 Companies Markets 10-11 Real Estate 12-13 Banking Finance 14 Energy Commodities 15 Technology 16 Consumer 17 Transport 18 Govt Economy 19-21 Opinion 22-23 Wealth 24-26 Life Culture 27 LIVING Staycations L2-4 Dining L5-7 Watches L8-9 Travel L10-12 Health L13 Motoring L14-15 Golf
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    • Article
      Lock icon MARKETS
      134 2 HSTI(Thursday’s close) 2,882.73 (-2.78) GSTI FUTURES 2,892.00 (+6.00) HSIMSCI 322.67 (-0.58) GSIMSCI FUTURES 323.60 (+0.30) STOCKS Thursday Change KL COMP 1,692.51 -0.63 NIKKEI 225 CLOSED HANG SENG 21,914.40 +32.25 SET CLOSED JAKARTA CLOSED MANILA CLOSED KOSPI CLOSED SHENZHEN B 1,309.36 +0.48 MUMBAI (Fri) 26,160.90 +43.36 Thurs close Change DOW
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    • Article, Illustration
      Lock icon China factory activity contracts for 5th month
      573 2 Dec manufacturing PMI points to prolonged economic slowdown Reuters Beijing ACTIVITY in China’s manufacturing sector contracted for a fifth straight month in December, an official survey showed on Friday, reinforcing fears that the world’s second-largest economy may be stuck in a protracted slowdown
      Reuters; PHOTO: AFP  -  573 words
    • Article, Illustration
      Lock icon Free car wash? Anything goes in property sales
      960 3  -  In a quiet market, agents pull out all the stops to come up with novel ideas to draw potential buyers By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore REAL estate agents have been pulling out all the stops in a quiet market, with one
      FILE PHOTO  -  960 words
    • Article, Illustration
      Lock icon More GCB transactions in 2015
      1134 4 Last year’s tally of at least 34 deals worth S$730m, amid softer prices, is the best showing since 2012 Singapore GOOD Class Bungalows, the creme de la creme of the landed housing market, have turned out to be somewhat of a bright spot in 2015.
      PHOTO: ARTHUR LEE  -  1,134 words
    • Article, Illustration
      Lock icon Why I still make New Year resolutions
      837 5  -  I’ve never achieved my goals, but getting there halfway is still better than never starting. SATURDAY SOAPBOX By Lee Meixian leemx@sph.com.sg @LeeMeixianBT MY colleagues, many of whom don’t share my tradition of setting New Year resolutions, have given me three reasons for not
      FILE PHOTO  -  837 words
    • Article, Illustration
      Lock icon Looking back to move ahead
      1039 6  -  Setbacks and wrong turns in work life can be disheartening, but they may be necessary for growth in the long run CUBICLE FILES By Vivien Shiao Shufen vshiao@sph.com.sg @VivienShiaoBT Singapore IT seems 2015 was a chapter that many were happy to close. It was generally
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      383 3 INDEPENDENCE INNOVATION INTERNATIONALISM Hwa Chong International School shares the same distinguished heritage and rich history of the Hwa Chong tradition, and aims to nurture, develop students from Singapore and across the world to become independent, innovative and internationalised individuals who will be prepared for the challenges of the 21st century.
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  • Page 5 Advertisements
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      209 5 NOTICES DRAGON POINT LIMITED (In Voluntary Liquidation) Company No. (*****65) NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The voluntary liquidation commenced on 22nd December, 2015. The Liquidator is Trisa Tay Lay Hwa of
      209 words
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      151 5 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 KIMBERLEY ENTERPRISE SINGAPORE PTE. LTD. Co. Reg. No. *****7259Z IN MEMBERS’ VOLUNTARY LIQUIDATION FINAL GENERAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of the abovenamed
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  • Page 7 Advertisements
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      138 7 WHEEL DEAL ‘LIVE’ Carnival Automobile Megamart 9 10 January 2016 10am to 7pm Get the best price by having your car quoted ‘live’ by dealers from 11am to 3pm on Saturday 9 January. Registration limited to 30 cars only.# Call 6319 8889 or email wheeldeal@sph.com.sg with your contact details. For
      138 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Beyond bridging US-Japan ties
      2752 8/9  -  Center for American Progress senior fellow Glen Fukushima, who has lived roughly half his life in America and the other half in Japan, believes Japanese Americans should strive to be players in bringing the nations closer. By Leon Hadar By Leon Hadar btworld@sph.com.sg AT a cocktail
      LEON HADAR  -  2,752 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Wall St suffers feeble end to turbulent 2015
      653 10 Energy stocks savaged during the year while consumer discretionary sector was star performer Reuters New York WALL Street dropped on Thursday, leaving the S&P 500 marginally lower for a year marked by record highs as well as a major selloff. In a
      Reuters; PHOTOS: REUTERS, BLOOMBERG  -  653 words
    • Article, Illustration
      Lock icon Smaller US media-content producers likely to feel merger pressure
      377 10  -  BREAKINGVIEWS By Jennifer Saba REUTERS New York WALT Disney may be big enough to sit it out. But other US me-dia-content producers are going to feel the urge to merge in 2016 and beyond. Cable companies and other distributors have bulked
      REUTERS  -  377 words
    • Article
      Lock icon COMMODITY FUTURES
      193 11 Dec-30 Price Net change change Last Trade Agricultural Dec-30 CBOT Soybeans (US cents/bu) 875.50 5.50 0.63% 14/01/2016 CBOT Soybean Oil (US cents/lb) 30.84 0.32 1.05% 14/01/2016 CBOT Wheat (US cents/bu) 469.75 -6.00 -1.26% 14/03/2016 Dec-30 LIFFE Cocoa (£/tonne) 2251.00 8.00 0.36% 14/03/2016 LIFFE Coffee (US$/tonne) 1476.00 -1.00 -0.07%
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    • Article
      Lock icon PALM OIL
      57 11 Dec 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 16 2310.0 2398.0 2400.0 2285.0 587 3667 Feb 16 2422.0 2414.0 2428.0 2383.0 1772 ***** Mar 16 2507.0 2485.0 2508.0 2455.0 ***** ***** Apr 16 2543.0 2527.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      67 11 Dec 31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.53 100.60 100.58 5-Year N*****0S 2.000 01-Jul-20 100.45 100.55 100.50 10-Year NX*****Z 2.375 01-Jun-25 98.15 98.30 98.15 15-Year NZ*****F 2.875 01-Sep-30 99.7 100.05 100.05 20-Year NZ*****V 3.375 01-Sep-33 105.97
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    • Article, Illustration
      Lock icon INTERBANK CURRENCY RATES Straits Times Index
      183 11 Dec 31 Source: YTD change: -14.34% 52-week high: 3,539.95 on April 15, 2015 52-week low: 2,787.94 on Sept 29, 2015 (Chart shows Thursday’s index closing) Source: Bloomberg Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian
      Source: Bloomberg  -  183 words
    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      209 11 Most active Dec 31 Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left Ntegrator Intl Ltd W*****3 0.4 0.1 2889 1 1 17 3.00 35 Rowsley Ltd W*****3 2.9 -0.1 2700 1 18 10 STI 3100 MB eCW*****9 2 unch
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      365 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 31 Index Change Change Change Change Change Change World Preliminary 1281.9 -0.4 0.5 -0.3 4.5 -0.5 -2.4 EAFE Preliminary 1013.4 -0.3 2.7 -0.4 3.5 -0.6 -3.3 Europe Preliminary 1412.6 -0.4 2.2
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      Lock icon STOCK MARKETS
      10 11 Source: Bloomberg Source: Bloomberg Source: Bloomberg Source: Bloomberg
      Source: Bloomberg  -  10 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon House-hunting in Silicon Valley’s an ordeal
      890 12 Median home value in the San Jose region is 5 times higher than that of the nation overall WP Los Gatos, California IT’S Sunday, which means house-hunting for Barry and Katie Templin. They have been on the prowl for months and saving for years,
      WP; PHOTO: WP  -  890 words
    • Article, Illustration
      Lock icon Dubai probes cause after fire engulfs hotel
      407 12 AFP Dubai SMOKE was still rising from a 63-storey luxury hotel in Dubai on Friday as authorities worked to determine the cause of a spectacular fire that engulfed the building on New Year’s Eve. The huge blaze at The Address Downtown hotel erupted
      AFP; PHOTO: AFP  -  407 words
    • Article
      Lock icon Househunt
      1224 13 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN NOV 18 AND NOV 24, 2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LANDAREA*(SQ FT) PRICE (S$’000) PSF (S$) District 9 NON-LANDED Aspen Ht Apt 24/11/2015 999 2691 4050 1505 Horizon Twr East Apt 18/11/2015 99 2583 2650
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon India to tighten rules for credit cooperatives
      618 14 Govt to penalise co-ops that fail to repay investors, violate other rules Reuters New Delhi INDIA will crack down on errant financial firms that raise funds, mainly from millions of rural poor customers, through loosely regulated credit cooperative societies, a senior official at
      Reuters; PHOTO: BLOOMBERG  -  618 words
    • Article
      Lock icon This guy had a great year taking on ETF investors
      493 14 WP New York IN A town of financial wizards, David Miller stood out last year. The Michigan native is betting against one of the most popular investment vehicles for mom-and-pop investors: exchangetraded funds. The bets have paid off, turning Mr
      WP  -  493 words
    • Article
      Lock icon UK banking regulator ditches review of industry culture
      486 14 Reuters London A PUBLIC review of Britain’s banking culture has been scrapped just months after it was announced, with the UK regulator saying on Thursday that it had opted instead to work with lenders individually to address any concerns. The move is
      Reuters  -  486 words
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Vale takes the brunt of anger over mine tragedy
      914 15 Its slow public response to the spill compared to BHP’s feeds protests Reuters Rio de Janeiro WITHIN hours of a deadly mining spill in November that would become Brazil’s worst environmental disaster, BHP Billiton chief executive officer Andrew Mackenzie was in
      Reuters; PHOTOS: AFP  -  914 words
    • Article
      Lock icon Sugar heads for first gain in 5 years as El Nino ends surplus
      656 15 WP New York AFTER four bitter years, sugar mills can look forward to sweeter prospects in 2016. Prices have rebounded 52 per cent since reaching a seven-year low in August. Raw-sugar futures traded in New York are
      WP  -  656 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Tech IPOs expected to make a comeback in 2016
      952 16 But investors will expect more profitability and cash flow Bloomberg New York EXPECT a resurrection of technology initial public offerings (IPOs) in 2016 as private fundraising options cool. But when it comes to valuations, it may not be pretty. After a
      Bloomberg; PHOTO: AFP  -  952 words
    • Article
      Lock icon Twitter faces backlash over its new diversity leader
      520 16 WP Washington IT’S safe to say that Twitter has a bit of an image problem when it comes to diversity and a recent hire to address that problem seems to be backfiring on the firm. In recent months, the company has become
      WP  -  520 words
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  • CONSUMER
    • Article
      Lock icon Fox News holds its lead in cable news
      625 17 CNN sees significantly improved ratings and MSNBC has a slight bounce in viewers, according to Nielsen NYT New York IN a year that featured a number of prominent news stories a presidential campaign upended by Donald Trump, civic unrest in Baltimore, Pope
      NYT  -  625 words
    • Article, Illustration
      Lock icon Spain nurtures its truffle trade – for the French
      809 17 Spain nurtures its truffle trade for the French NYT Sarrion, Spain ON Saturday nights, prospective buyers gather on the outskirts of this small village, in the darkness of a parking lot next to a semiabandoned railway station. Using flashlights, they inspect the offerings local farmers have piled in the trunks
      NYT; PHOTO: NYT  -  809 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon China’s Xi vows to push reforms while expanding global role
      434 19 New Year’s Eve speech stresses need for the country to open up its markets Bloomberg Shanghai CHINESE President Xi Jinping stressed the need for stable growth and to press ahead on political and economic reforms in 2016, as the world’s
      Bloomberg  -  434 words
    • Article, Illustration
      Lock icon Biding time until China’s outlook gets clearer
      597 19 NYT Beijing FOR many in China’s capital, the smog that has obscured buildings and dimmed the sun into a pale disc this winter is a fitting metaphor for the uncertainty that has marked their year. In interviews and private conversations, people here say
      NYT; PHOTO: AFP  -  597 words
    • Article
      Lock icon Workers’ salaries expected to pick up in tight US job market
      520 19 Bloomberg Washington AMERICA’S workers may be finally in line for a decent raise. After five years in which annual wage increases have averaged around 2 per cent, salaries are set to pick up as a taut job market prompts
      Bloomberg  -  520 words
    • Article, Illustration
      Lock icon Floods choking everything from oil to grain in US Midwest
      785 20 Bloomberg Houston DEADLY flooding across the US Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close and killing off thousands of pigs. The floods have killed at least 20 people and closed hundreds
      Bloomberg; PHOTO: AFP  -  785 words
    • Article
      Lock icon M’sia anti-graft agency sends fund probe report to A-G
      445 20 Reuters Kuala Lumpur MALAYSIA’S anti-graft agency said on Thursday it had sent two reports to the attorney-general’s office about its probes into the transfer of huge sums of money into Prime Minister Najib Razak’s bank accounts and the affairs of state
      Reuters  -  445 words
    • Article
      Lock icon Delhi’s ‘odd, even cars’ trial gets underway
      370 21 AFP New Delhi MORE than a million private cars were banned from New Delhi’s roads on Friday, as the authorities began trialling drastic new measures to cut smog in the world’s most polluted capital. From Jan 1, only cars with odd-numbered licence plates
      AFP  -  370 words
    • Article, Illustration
      Lock icon Times Square hails arrival of 2016
      884 21 America’s biggest New Year’s Eve celebration unfolded without a hitch Reuters New York MORE than a million people in New York’s Times Square hailed the arrival of 2016 early on Friday with kisses, cheers and a measure of relief as America’s biggest New Year’s
      Reuters; PHOTO: AFP  -  884 words
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  • OPINION
    • Article, Illustration
      Lock icon Leveraging design as capital in soft power
      1339 22 / 23  -  Singapore must continue to build its creative clout through a multi-pronged approach that engages citizens, businesses, tourists and investors. By Mark Yong By Mark Yong SINGAPORE has been bestowed the accolade of Creative City of Design by the United Nations Educational, Scientific and
      segments.PHOTO: REUTERS  -  1,339 words
    • Article, Illustration
      Lock icon China’s shift to services industry
      1003 22 / 23  -  By Michael Klibaner ~The writer is head of Asia Pacific research for BlackRock Real Estate THE economic evolution underway in China has captured the world’s attention. In the past is a hypergrowth economy in a catch-up phase, driven by investment and manufacturing, much of it
      PHOTO: BLOOMBERG  -  1,003 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon How wealthy Americans stay even wealthier
        2292 24 / 25  -  They employ an ‘income defence industry’ which helps them to exploit an array of tax manoeuvres. By Noam Scheiber and Patricia Cohen By Noam Scheiber, Patricia Cohen NYT New York HEDGE fund magnates Daniel Loeb, Louis Bacon and Steven Cohen have much in common.
        NYT; PHOTO: FREEIMAGES  -  2,292 words
      • Article
        Lock icon Rollercoaster ride leaves Shanghai investors flat
        504 24 / 25 AFP Shanghai FROM Jan 1 to mid-June, the Shanghai market which had already surged by more than 50 per cent in 2014 leaped by 60 per cent again. Then it slumped nearly a third in three weeks, before slowly recovering. After all the gyrations
        AFP  -  504 words
      • Article, Illustration
        Lock icon Biggest US investors predict ho-hum bond returns in 2016
        598 26 JPMorgan, Fidelity Investments, Pimco and Goldman Sachs are all cautioning against excessive optimism Bloomberg Singapore BOND returns will probably be ho-hum in 2016 just as they have been in 2015 according to the biggest investors. JPMorgan Chase Co, Fidelity Investments, Pacific
        Bloomberg; PHOTO: AFP, REUTERS  -  598 words
      • Article
        Lock icon German Bunds lose safe-haven status
        622 26 Reuters London GERMAN Bunds were set to end their most volatile year since 2011 with yields higher than at the end of 2014 after a failed bid to break below zero raised questions about their safe-haven status and showed the limitations of ultra-easy monetary policy.
        Reuters  -  622 words
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Cosby’s wealth at risk from civil suits
      745 27 Jury awards in sex abuse or defamation can run into the tens of millions of dollars Reuters New York CIVIL lawsuits accusing Bill Cosby of sex abuse and defamation could do major damage to the entertainer’s wealth, regardless of how a criminal prosecution
      Reuters; PHOTO: AFP  -  745 words
    • Article, Illustration
      Lock icon Zen temple seeks business enlightenment
      346 27 Reuters Eiheiji, Japan DEEP in a forest near Japan’s western shore, a 13th century Buddhist temple where Steve Jobs once dreamed of becoming a Zen monk has teamed up with a Tokyo skyscraper builder to seek the commercial enlightenment of foreign tourist dollars. As a
      Reuters  -  346 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      291 27 CRYPTIC CROSSWORD Across 1 Means being enclosed in endless barrier (11) 9 Fruit variety with very big exterior (7) 10 Pirouette gradually losing core speed (6) 12 Sovereign consumed by temper, originally (7) 13 Pebbles unbroken round end of beach (7) 14 Light seen from church on mountain (5) 15
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      37 28 THERE ARE EXCEPTIONS TO EVERY RULE. ROYAL OAK DIAMOND SET IN PINK GOLD. SINGAPORE AUDEMARS PIGUET BOUTIQUE ORCHARD ROAD, TEL (65) 6836 4918 THE SHOPPES AT MARINA BAY SANDS CASINO LEVEL B2M-207 TEL (65) 6688 7595 AUDEMARSPIGUET.COM
      37 words