The Business Times, 25 January 2016

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Microfilm: NL33745
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BTBreakingnews CO REGN NO *****2868E MCI (P) 039/08/2015 Monday, January 25, 2016
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  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 2,577.09 -53.67 KL Comp 1,625.21 -3.34 Nikkei 225 16,958.53 -188.58 Hang Seng 19,080.51 -440.26 Shenzhen B 1,164.08 -0.79 Dow 16,093.51 +105.43
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  • Article, Illustration
    Lock icon DAILY DIGEST
    270 1 US stocks bounced last week, but they did so on hopes of central bank support. Those hopes may be dashed this week. TOP STORIES/ 2 Comments by BOJ governor that inflation expectations are weakening have added to talk it will announce further monetary easing moves.TOP STORIES 3 Auction
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  • Article
    Lock icon Higher FD rates offer a reprieve in volatile times
    941 1  -  Maybank, StanChart offering more attractive fixed deposits as interest rates rise and riskier environment prompts investors to hold more cash By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore BANKS have put out their promotional fixed-deposit (FD) rates in the lead-up to Chinese New
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  • Article, Illustration
    Lock icon Accounting Big Four gear up to support family businesses
    914 1  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore IN THE increasingly competitive arena of support services aimed at small and medium enterprises (SMEs), the Big Four accounting firms here are flexing their muscles, with dedicated teams and expanded services. Just this month, PwC
    PHOTO: ARTHUR LEE  -  914 words
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      68 1 PROPERTY Strata commercial property deals likely to stay tepid this year TOP STORIES 4 TOPLINE Canon looking at the long term despite current woes COMPANIES MARKETS 6 SAHA AT NATIONAL GALLERY Getting it right with a mix of old and new DINING OUT/23 PATEK PHILIPPE GENEVE Begin your own tradition.
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  • TOP STORIES
    • Article, Illustration
      Lock icon Last week’s stockmarket bounce may be short-lived
      919 2  -  Yellen could shock markets if she underplays dangers of oil field and Chinese busts at Wednesday’s Fed meeting WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg AFTER a four-week-long retreat, US stocks finally bounced last week, but they did so on hopes of central-bank
      Source: Bloomberg  -  919 words
    • Article, Illustration
      Lock icon This week’s critical BOJ meeting may see further market-impacting actions
      1048 3  -  Analysts divided over whether or not any such moves are likely to prove effective By Anthony Rowley btworld@sph.com.sg Tokyo COMMENTS by Bank of Japan (BOJ) governor Haruhiko Kuroda during the World Economic Forum in Davos, Switzerland at the weekend that
      PHOTO: REUTERS  -  1,048 words
    • Article
      Lock icon S’pore banks join global pilot to boost cross-border payments
      281 3  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE banks are among 45 global institutions testing out a Swift service that would improve price transparency in cross-border payments, as lenders band together to find ways to make correspondent banking more efficient and less
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    • Article, Illustration
      Lock icon More DC Reits ‘could eventually list in Asia’
      1091 4  -  If US is any guide, many telcos may divest data centres to third parties: Digital Realty By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE trend of data centre Reits (real estate investment trusts) hasn’t really kicked off in Asia, but it would be
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    • Article, Illustration
      Lock icon 1979: Transforming the workforce for a new economy
      332 4  -  Wage hikes, immigration rules and the Takeover Code shaped the year. BY KENNETH LIM ESTRUCTURING Singapore’s economy is an ongoing endeavour, and in 1979 the goal was to shift the nation up the value chain towards higher-end production and jobs. The first
      BT Graphics: Lynette Neo  -  332 words
    • Article, Illustration
      Lock icon Strata commercial property deals seen to stay tepid this year
      1059 4  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore STRATA commercial property transactions are expected to remain tepid this year, after plunging to their lowest levels in 2015 since the global financial crisis, as high vacancies in recently completed strata commercial developments and
      ST FILE PHOTO  -  1,059 words
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      385 2 1 y A FINDING THE RIGHT PRINTING SYSTEM i K m Today's multifunctional printers bridge the digital and paper-based worlds together. As an early adopter and innovator of integrated I* business solutions, Konica Minolta is renowned f for its customised business software solutions for various industries such as legal, education,
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      120 3 SUCCESS IS KNOWING WHAT TO REFINE OVER TIME, WHILE STAYING TRUE TO YOURSELF. 0 Fuel consumption: 5.5 8,0L/100km CO emissions: 130 188g/km ©LEXUS AMAZING IN MOTION ■J A L THE NEW LEXUS ES. THE ESSENCE OF LUXURY You'd choose hard work over luck. Character over popularity. Because you’re at a
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Improving social and financial bottom lines
      915 5  -  By Patrick Liew T The writer is a member of the Professional Development Committee of the Singapore institute of Directors Historically, private businesses do not include any social responsibility in their corporate missions as that is perceived to be the responsibility of the government
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    • Article, Illustration
      Lock icon Canon looking at long term despite current woes
      1347 6  -  It is optimistic the enterprise business will pick up, and also sees huge potential in digital on-demand printing. BY AMIT ROY CHOUDHURY TOP LINE BY AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT KENSAKU Konishi, president and CEO for Canon South and Southeast Asia, a
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    • Article
      Lock icon Sotheby’s announces US$12m loss over Taubman sale
      530 6 NYT Washington IT is not the debacle that many doomsayers had predicted, but it is hardly the home run that Sotheby’s had hoped for. Last Friday, the auction house announced that it expected to lose US$12 million in the fourth quarter of 2015
      NYT  -  530 words
    • Article
      Lock icon Buying by directors up but firms’ buybacks fall
      1219 7  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Limited THE insider buying remained strong with 30 companies that recorded 71 purchases worth S$7.1 million based on filings on the Singapore Exchange in the third week of January.
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    • Article, Illustration
      Lock icon STI / Catalist WEEKLY
      64 8 STI Catalist WEEKLY Straits Times Index Jan 22,2016 2,577.09 -53.67 (-2.04%) Current streak 1 day Week high 2,638.47 Week low 2,532.70 52-week high 3,525.19 (Apr 17, 2015) 52-week low 2,577.09 (Jan 22, 2016) FTSE ST Catalist Index Jan 22,2016 448.94 -15.46 (-3.33%) Current streak 2 days Week high 455.08 Week
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    • Article
      Lock icon GAINERS
      75 8 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 144.4 1.0 *****/***** DBXT MSKorea US$ 4808 117.2 1.7 6246/4478 Jardine C&C 3444 109.0 3.3 4258/2636 DBXT iBoxxSing SG$ ***** 54.0 0.4 *****/***** Great Eastern 1997 22.0 1.1 2600/1870 BY PERCENTAGE CLOSE UP 52w high/low Allied Tech 2.3 130.0 1.3
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    • Article
      Lock icon LOSERS
      74 8 BY CENTS CLOSE DOWN 52w high/low Riverstone 115.5-*****.0 -99.0 *****/115 DBXT AUDCS SG$ ***** -800.0 -3.5 *****/***** SPDR S&P500 US$ ***** -663.3 -2.4 *****/***** IS S&P500 US$ ***** -636.1 -2.4 *****/***** DBXT ASX200 US$ 2900 -428.9 -9.4 3908/2900 BY PERCENTAGE CLOSE DOWN 52w high/low Riverstone 115.5-99.0-*****.0 *****/115 DBS MB
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    • Article
      Lock icon UNUSUAL ACTIVITY
      80 8 VOL CLOSE($) CHANGE ChinaSing Inv^ 400.0 0.005 -0.006 -54.55 Matex Intl^ 630.0 0.023 -0.004 -14.82 Allied Tech^ 180.0 0.023 +0.013 +130.00 InnoPac 14,800.0 0.003 +0.001 +50.00 Interra Resource 3,236.5 0.058 -0.008 -12.12 United Food 374.4 0.118 -0.017 -12.59 Sunlight 301.1 0.017 -0.008 -32.00 JEP 3,964.0 0.023 +0.002 +9.52
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    • Article, Illustration
      Lock icon Fed likely to do nothing amid inflation, recovery doubts
      625 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT LOOKING only in the short term, two questions would be uppermost in every market player’s mind. First is whether Friday’s bounce can extend into this week and second is what the US Federal Reserve will
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    • Article
      Lock icon STI STOCKS
      306 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 217 +3 225/209 271 209 6.7 5700 CapitaLand 299 -8 310/293 379 267 11 3 ***** CapitaMall Trust 196.5 cd +4.5 197.5/187 228 184.5 5.5 6828.9 CityDev 675 -54 728/661 1095 661
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    • Article
      Lock icon MOST ACTIVE
      33 8 VOLUME Ezra 377,456,500 Annica 317,389,800 Noble 282,974,500 ChinaSports 170,494,600 Singtel 141,508,900 Market volume 7,024,205,000 VALUE DBS Grp 914,325,059 Singtel 489,866,344 OCBC Bank 376,502,971 UOB 373,715,527 Keppel Corp 334,588,923 Market value 6,508,429,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jan 22 VALUE CLOSE BT OB/OS -990.00 +17.00 BT CADI -*****.00 +111.00 BT 10-day MA -*****.00 -99.00 FTSE ST Mid Cap 621.91 +4.37 FTSE ST Small Cap 375.27 +3.64 FTSE ST All Share 634.32 +8.95 FTSE ST China Top 151.25 +2.40 FTSE ST China 181.93 +3.26 FTSE
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    • Article
      Lock icon SGX ETFs
      111 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 265 -4 6943 271/260 355/260 264/265 IS MS INDIA US$ US621 -13 1944 630/605 1000/605 621/624 77.6 Nikko AM STI ETF 264 -5 700 270/259 361/259 264/265 6.4 DBXT MSRussia US$ US143 -3 522
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    • Article
      Lock icon COMPANY MEETINGS
      129 8 COMPANY MEETING PLACE DATE TIME PNE Micron Hldgs A 25–Jan 10.00am E 16 Tuas Avenue 20 S'pore 25-Jan 11.00am Chew’s Group Ltd A Raffles Country Club (Stamford 1 2) 450 Jalan Ahmad Ibrahim 26-Jan 10.30am Envictus Intl Hldgs Ltd A Crystal Suite (Lvl 2) Holiday Inn Singapore Orchard
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share WEEKLY
      36 8 STI FTSE ST All-Share WEEKLY ftse ST All-Share index Jan 22,2016 634.32 -14.35 (-2.21%) Current streak 1 day Week high 649.74 Week low 625.37 52-week high 845.85 (Apr 17, 2015) 52-week low 634.32 (Jan 22, 2016)
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      Lock icon STI / MSCI EAFE WEEKLY
      34 8 STI MSCI EAFE WEEKLY MSCI EAFE index Jan 22,2016 1,568.31 +3.07 (+0.20%) Current streak 2 days Week high 1,568.31 Week low 1,517.92 52-week high 1,949.49 (May 15, 2015) 52-week low 1,565.24 (Jan 15, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 8 2 0 1 0 7 9 2 Manufacturing 48 75 28 6 19 10 54 94 38 Commerce 17 45 5 2 11 6 19 56 11 Tpt/Stor/Comms 5 32 3
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 183,433 13,544 196,977 558,250 2,491 560,741 Manufacturing 914,202 559,297 1,473,499 498,803 12,488 511,291 Commerce 448,737 170,652 619,389 562,909 4,784 567,693 Tpt/Stor/Comms 921,254 3,057 924,311 991,971 229 992,200 Finance 185,761 146 185,907 1,794,507 19 1,794,526 Construction
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    • Article
      Lock icon Saudi Arabia says ultra-low oil prices ‘irrational’
      747 8 COMMODITIES AFP London THE world’s biggest oil exporter Saudi Arabia declared this week that ul-tra-low oil prices were “irrational” as crude hit new 12-year lows under US$27 on the global supply glut. The market’s dramatic slump culminated on Wednesday with New York crude
      AFP  -  747 words
    • Article
      Lock icon Tower Semiconductor catches short sellers’ attention
      478 9 Short interest in the stock has climbed to 3 per cent of shares outstanding BLOOMBERG New York WITH global stocks posting their worst start to a year ever, it’s not difficult for short sellers to find companies to pick on. Tower Semiconductor Ltd, whose
      BLOOMBERG  -  478 words
    • Article
      Lock icon PRIME LENDING RATES
      239 9 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia .5.75 Bank
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    • Article
      Lock icon DIVIDENDS ANNOUNCED
      640 9 Payment Ex Rec Pay Ann (cts) date date date date Boustead Sing dm 1.000 09-Dec 11-Dec 27-Jan 01-Dec S'pore Exchange Ltd aw 5.000 26-Jan 28-Jan 01-Feb 20-Jan Triyards Hldgs ak 1.000 14-Jan 18-Jan 02-Feb 08-Jan Lian Beng Group aw 1.000 19-Jan 21-Jan 03-Feb 13-Jan SPH Reit dc 1.330
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1301 9 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.06 8.06 0.88 0.48 AIMS AMP Cap Industrial Reit 1.33 1.33 2 0.11 11.21 1.58 1.27 ARA Asset Mgt 1.25 1.25 2 0.09
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    • Article
      Lock icon Recovery in oil, equities fuels US$ rise
      441 10 CURRENCIES REUTERS New York THE US dollar rose on Friday, boosted by increased expectations of monetary easing by central banks in Europe and Japan, and by a bump in global equities and oil prices that renewed market risk appetite. The US dollar rose
      REUTERS  -  441 words
    • FOREX RATES
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        392 10 Jan 22 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jan16 9060.00 9297.50 9010.00 9150.00 *****4 *****8 Feb16 8905.00 9162.50 8877.50 9040.00 ***** ***** NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 *****1 *****0 Jun16 *****.00 *****.00 *****.00 *****.00 436 3053 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        206 10 Most active Jan 22 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left CSC Holdings W*****9 0.5 0.1 ***** 1 1 15 2.60 59 FTSEChinaA50 ***** MBeCW*****8 8.6 1 ***** 0.0 3 KepCorp MB eCW*****1 8.9 0.7 ***** 0.2
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 10 In local curr In S$ In US$ dy yr dy yr dy yr Jan 22 Index Change Change Change Change Change Change World Preliminary 1179.7 2.1 -7.7 1.5 -7.4 2.2 -8.0 EAFE Preliminary 932.9 3.1 -7.9 2.6 -8.1 3.3 -8.6 Europe Preliminary 1320.0 2.6 -6.6
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 10 Jan 22 $S Offer Bid 0vernight 0.08 0.05 1-month 1.125 1.000 2-months 1.1875 1.0625 3-months 1.2500 1.1250 Overnight mode: 0.05 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.20 1.00 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 10 Jan 22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.43 5-Year N*****0S 2.000 01-Jul-20 100.74 100.95 100.90 10-Year NX*****Z 2.375 01-Jun-25 100.14 100.40 100.30 15-Year NZ*****F 2.875 01-Sep-30 102.14 102.40 102.18 20-Year NZ*****V 3.375 01-Sep-33 109.1 30-Year NA*****N
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 10 Jan-22 Price Net change change Last Trade Agricultural Jan-22 CBOT Soybeans (US cents/bu) 876.50 -2.00 -0.23% 14/03/2016 CBOT Soybean Oil (US cents/lb) 30.50 0.56 1.87% 14/03/2016 CBOT Wheat (US cents/bu) 475.50 0.50 0.11% 14/03/2016 Jan-22 LIFFE Cocoa (£/tonne) 2084.00 2.00 0.10% 14/03/2016 LIFFE Coffee (US$/tonne) 1352.00 25.00 1.88%
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    • Article
      Lock icon SGX MAINBOARD
      1965 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale Vol ('000) High 153 127 AIMSAMP Cap Reit 127.5 -3 1574 131 127 1 8.7 809.2 LOW 175.5 102 ARA Asset Mgmt 103 -8 2998 110 102
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    • Article
      Lock icon SGX CATALIST
      357 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale Vol ('000) 1 0.3 t Advanced Systems 0.4 unch 1850 0.4 0.3 10.5 Week LOW Div C'vr GrYld Net P/E MCap 35 10 t 3Cnergy 10.1 29.5 16.7
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    • Article
      Lock icon SGX ETF
      169 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1440 991 CIMBASEAN40 S$D 1063 -29 0 1078 1061 1043 700 CIMBASEAN40 US$ US756 +14 0 756 736 118.6 4258 2407 DBXT China50 US$ US2491 -27 44 2548
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      123 5 Equity investment totals have reached $66 trillion worldwide. In the U.S. alone, equity markets have grown more than 180% since 2009. With that much at stake for individuals as well as institutions mutual funds, retirement funds and endowment funds need a way to manage the risks of stock market fluctuations.
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      7 5 T For more articles, go to btd.sg/BMatters
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      80 6 2 %>• W/m/mm, .vvsili SMBC HAS THE RIGHT CLUBS IN THE BAG FOR YOU As the proud title sponsor of the SMBC Singapore Open 2016, SMBC is committed to facilitating your growth plans in Asia. We are one of Japan's leading financial institutions with proven expertise in financing and enabling
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      128 7 An initiative by HOW CAN WORK-LIFE STRATEGY ENHANCE YOUR BUSINESS VALUE? Supported by Pauline Chua General Manager of Human Capital CSR at Fuji Xerox Singapore TALENT Work-Life Strategy is a series of measures and initiatives that maximises talent by helping your employees fulfil their professional and personal responsibilities across various
      128 words
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  • REAL ESTATE
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      35 12 )!27G#AFA#’97AI AI>@=2GI> $<& /AJHC5E !C3((L ’;<&#;<&/AJHC5E 1 !C3((L C 3((L @C<&L;L/AJHC5E #4CJC !4H:48/AJHC5E 0 !C3((L ’;?%$K <% AJHC5E $<& /A65C<C 9(;4J/A J HC5E 1!C3((L @C<&L;L/A65C<C 1 !C3((L 0 !C3((L 7( J D-.-110+0,, 1 !C3((L 9(;4J A65C<C B !C3((L
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      103 13 s rr i v vOur view of the world j ■r -s C f' mm Jr/:/ I imuttttUMttO iinii 1 1 'hi "7 S .f'S ''•IlSS'sil helps investors see the way forward. Our investment process is anchored by our macro outlook for the global economy, financial markets, central bank policy
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  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon What does the market know?
      3191 14  -  The market does not have above average insight, but often is above average in emotionality.BY emotionality.BY HOWARD MARKS T The above is an excerpt from a Jan 19 note to clients by Howard Marks, co-founder and co-chairman of alternative investment firm Oaktree Capital Management MY
      PHOTO: REUTERS  -  3,191 words
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      113 14 GET STARTED NOW Be a young investor Do you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
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  • BANKING & FINANCE
    • Article
      Lock icon Bond issues freeze as panic spreads across global markets
      1135 15 It’s gloom across all asset classes and all markets though the IPO market in Europe is seeing some activity IFR London ISSUERS largely steered clear of primary markets last week, sidestepping the ongoing panic that has pushed numerous equity indices into
      IFR  -  1,135 words
    • Article, Illustration
      Lock icon Impose capital controls to defend the yuan, Kuroda tells China
      576 15 BOJ chief, IMF’s Lagarde say burning forex reserves not a good idea; they also don’t expect a hard landing BLOOMBERG Davos BANK of Japan governor Haruhiko Kuroda said China should impose capital controls to defend the yuan rather than keep
      BLOOMBERG; PHOTO: BLOOMBERG  -  576 words
    • Article
      Lock icon Six banks said to be negotiating settlement in Swiss Libor probe
      492 15 BLOOMBERG Geneva AT least six banks targeted in Switzerland’s investigation into Libor rigging are in settlement talks with the country’s competition regulator, according to two sources, as the four-year probe moves closer to wrapping up. Comco, as the Swiss
      BLOOMBERG  -  492 words
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      132 15 Derity ‘Gui Fei’ Lo r I Winning the toss for great New Year dining. When it comes to venues for Chinese New Year Lo Hei menus, Hung Kang wins the toss. Our truly authentic Teochew Auspicious Celebration Set Menus have proven to be a popular and wise choice with businessmen
      132 words
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Indonesia’s inflated rice data may lead to severe shortage of staple
      823 16 Industry officials say the numbers are often exaggerated to attract central government funding and fertiliser subsidies that are based on production REUTERS Jakarta INDONESIAN agriculture officials routinely inflate rice harvest data to present a rosy picture to the government
      REUTERS; PHOTO: REUTERS  -  823 words
    • Article
      Lock icon Biofuels industry holding up despite slumping oil prices
      549 16 REUTERS New York ETHANOL producers may feel less pain from sinking oil prices than in previous tough times, as a government rule ensures a minimum use of the biofuel and recent consolidation gives them both financial strength and output flexibility. Oil prices
      REUTERS  -  549 words
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      155 16 STAY RELEVANT. BUILD KNOWLEDGE THROUGH TRAINING. TAKE CHARGE OF YOUR CAREER PROGRESS. With STJobs, your one-stop career portal, you'll be able to unleash your potential. STANLEY SEE Senior Manager 24 years of working experience y t t a a' > Mr 1 U*"** I, U 1 v 'aamiTxlSMJ, *>>» 1
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon ‘Unicorns’ may be mauled by bear market
      965 17 The herd may be thinned as the cash-hungry startups are likely to face a harder time getting fresh capital amid prospects of a bear market AFP Washington AFTER a year in which free-flowing capital fuelled unprecedented growth in so-called tech “unicorns”, the sector
      AFP; PHOTO: AFP  -  965 words
    • Article, Illustration
      Lock icon Robots are marching towards the next industrial revolution
      756 17 REUTERS Davos IMPLANTABLE mobile phones. 3Dprinted organs for transplant. Clothes and reading glasses connected to the Internet. Such things may be science fiction today, but they will be scientific fact by 2025, as the world enters an era of advanced robotics, artificial
      REUTERS; PHOTO: REUTERS  -  756 words
    • Article, Illustration
      Lock icon Anonymous messaging app stirs controversy in Israel
      566 17 AFP Tel Aviv A NEW Israeli app launched by a company with investors including music stars Will.I.Am and Nicki Minaj has been accused of encouraging teen bullying and Internet trolls. The Blindspot app allows users to send anonymous messages, photos and videos to
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      Lock icon Consumers will demand privacy for healthcare data
      302 17 BLOOMBERG Davos CONSUMERS have willingly traded some of their personal details for access to social sites such as Google or Facebook, and suffer an occasional ad as a result. But once that sharing gets too personal, as with healthcare information, it could prompt
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  • CONSUMER
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      Lock icon Japan’s Sharp rescue may not be such a bright idea
      685 18 A bailout to keep the LCD maker in Japanese hands, rather that sell it to rivals, may not shield it from pricing pressures and fierce competition REUTERS Tokyo A STATE-BACKED Japanese fund is frontrunner to rescue Sharp Corp, ahead of
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    • Article
      Lock icon Toshiba to sell part of its chip operations: sources
      252 18 REUTERS Tokyo JAPAN’S Toshiba Corp plans to sell part of its chip business as it aims to recover from a US$ 1.3 billion accounting scandal, three people familiar with the matter said on Saturday. The electronics conglomerate has started accepting bids,
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      Lock icon Novo Nordisk aims to be ahead of the pharma pack with Iran investment
      593 18 REUTERS Davos DANISH drugmaker Novo Nordisk, the world’s top insulin supplier, expects to be ahead of the pack now nuclear sanctions are lifted in Iran, thanks to a continuous presence and a pre-emptive investment plan. The country
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      Lock icon Investcorp buys stake in Saudi supermarket group
      309 18 REUTERS Dubai INVESTCORP has acquired a minority stake in Saudi Arabia’s Bindawood Holding, which controls supermarket chains Bindawood and Danube in the kingdom, according to a statement from the alternative investment firm on Sunday. While the statement did not disclose either a value
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  • GOVERNMENT & ECONOMY
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      Lock icon Stock market impact on China’s economy limited: Mobius
      621 19  -  He cites research showing low level of household wealth less than 20% allocated to equities in the country By Anthony Rowley btworld@sph.com.sg Tokyo EVEN a more pronounced “stock market crash” in China would be unlikely to do serious damage to the world’s
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    • Article
      Lock icon Malaysia arrests 7 suspected IS militants
      292 19 AFP Kuala Lumpur MALAYSIAN police said on Sunday that they had arrested seven alleged Islamic State (IS) militants plotting violence, one of whom was in contact with an extremist blamed for the deadly Jakarta attack. Thirty rounds of ammunition was also seized along with
      AFP  -  292 words
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      Lock icon Vietnam’s progressive PM not nominated for party leadership
      622 19 REUTERS Hanoi TOP decision-makers in Vietnam’s ruling Communist Party have agreed on one nomination for each of the country’s four key leadership posts, a top official said on Sunday, a line-up that excludes the country’s powerful prime minister. The nominations still require
      REUTERS  -  622 words
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      Lock icon Global insurers plot cautious course to post-sanctions Iran
      886 20 They explore ways to tap US$7.4b premiums market, while waiting for March when some firms seek new cover REUTERS Sydney GLOBAL insurance firms are circling Iran for business opportunities following the lifting of sanctions and the first test of their appetite could
      REUTERS  -  886 words
    • Article
      Lock icon So many problems, so few solutions for policymakers in Davos
      711 20 REUTERS Davos ANGELA Merkel was missing from Davos this year, but the German leader’s optimistic mantra “we can do this” echoed through the snowy resort in the Swiss Alps. China’s economic slowdown? Manageable. Plunging financial markets? Temporary. And Europe’s refugee
      REUTERS  -  711 words
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      Lock icon Arab nations eye China for tourism revival
      741 20 AFP Madrid ARAB nations are looking to Chinese visitors to revive their tourism sectors, battered by security fears, and also need to develop homegrown tourism as a lifeline, ministers from the region say. Bookings to nations in North Africa and the Middle East,
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      Lock icon Oil wealth a blessing, but dependence on energy a curse for Russian economy
      622 20 AFP MOSCOW ABUNDANT oil and gas deposits have been a blessing for Russia, but they now feel like a curse as low prices propel the country into a deep economic crisis that shows no signs of abating.
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  • TRANSPORT
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      Lock icon Self-driving cars may get here before we’re ready
      1018 21 Even though such cars could be ready for the road within the next decade, only 6% of the US’s most populous cities have accounted for them in their long-term plans: research group NYT New York SOMETIME in the future although no one
      NYT; PHOTO: AFP  -  1,018 words
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      Lock icon Boeing nabs US$3.2b jet deal as United spurns Bombardier
      682 21 BLOOMBERG Chicago BOEING Co has won a hotly contested United Airlines order for 40 of the aircraft maker’s smallest jetliners, thwarting Bombardier Inc’s bid to land a marquee North American customer for its struggling C Series model. The new Boeing 737-700
      BLOOMBERG; PHOTOS: REUTERS, BLOOMBERG  -  682 words
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      Lock icon Fuel hedging proves costly for US airlines as oil prices plummet
      555 21 REUTERS New York THE lowest fuel prices for more than a decade are proving to be a dou-ble-edged sword for US airlines. While carriers saved hundreds of millions of dollars from oil prices halving since June, they forfeited a
      REUTERS; PHOTO: BLOOMBERG  -  555 words
    • Article
      Lock icon As China aims to end subsidies on green cars, carmakers differ on technology
      402 21 REUTERS Beijing CHINA will maintain plans to gradually phase out subsidies for green-ener-gy vehicles until they are fully eliminated in 2021 and allow the market to determine the direction of green-car development, Finance Minister Lou Jiwei said
      REUTERS  -  402 words
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  • DINING OUT
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      Lock icon A new frontier in Indian cuisine
      1091 23  -  You won’t mind eating it again at Saha, a former Russian restaurant that’s got its second win with a mix of old and new.BY new.BY JAIME EE jaime@sph.com.sg @JaimeEeBT RE-OPENING Saha 1 St Andrew’s Road, #01-03 National Gallery Singapore Tel: 6223 7321 Open for
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      43 23 m »v rocktheme eventbrite SIGN U 1a .com FREE rift i ENTRY BEER 28 January 2016 Thursday (6PM 9PM) BASH, Level 3, Blk 79 Ayer Rajah Crescent Opp One-North MRT (Limited slots available) PLUG AND PLAY m V Ski ni. 0[ki{0 hs Q~'°
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      208 23 SINGAPORE CHRONICLES By the experts, for everyone. On sale at $16 at all major bookstores and www.stpressbooks.com.sg Show Me the Money (Book 2) writes about the tools and techniques of stock picking, stock valuation and portfolio management. It explains to us how companies finance their growth and shows us how
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      36 23 THE GREAT SINGAPORE PROPERTY AttlC Great deals on private homes, HDB resale, upgrades rentals. Shop Now! SRX.com.sg Lunar New Year Online shopping Recipes Fashion tips Events calendar Check them out now! Scan QR or visit cny.zaobao.com
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  • LIFE & CULTURE
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      Lock icon Oscar diversity campaign may take time – but Chris will still rock the show
      678 24 Oscar diversity campaign may take time but Chris will still rock the show Academy announces sweeping changes, pledging to double female, minority membership by 2020 REUTERS Los Angeles THE Oscars have launched a landmark campaign to diversify the ranks of Academy Award voters who decide which actors, movies and filmmakers
      REUTERS; PHOTO: BLOOMBERG  -  678 words
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      Lock icon Paris catwalks rediscover their cavalier swagger
      714 24 AFP Paris HOLD on to your horses. French fashion is back to its swashbuckling best, and the designer leading the charge is a young mixed-race man determined to give post-attacks Paris a new swagger. “I want to make all men feel like princes again,”
      AFP; SPH FILE PHOTO  -  714 words
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      Lock icon Ovation, tears for James Foley film at Sundance festival
      604 24 It is an intimate portrait of a restless spirit keen to make a difference, drawn to covering conflict Park City, United States A DOCUMENTARY about James Foley, the US journalist slain by the Islamic State group, premiered to a standing ovation
      PHOTO: AFP/NICOLE TUNG  -  604 words
  • Page 24 Miscellaneous
    • Miscellaneous
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      328 24 CRYPTIC CROSSWORD Across 1 Enthusiast thanks old country endlessly for classic cartoon (8) 9 War cry makes less important European retreat in turn (8) 10 Fierce reptile injured person, we hear (4) 11 Trouble of our sloshed legislators (5,2,5) 13 Superior newspapers featuring South American city (8) 15 Old city
      328 words