The Business Times, 26 May 2016

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL33856
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Thursday, May 26, 2016
    22 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    235 1 Singapore’s key NODX is tipped to fall by 3-5 per cent from a year ago; the earlier IE Singapore forecast was growth of 0-2 per cent. TOP STORIES 2 A Malaysian opposition lawmaker demands to know Putrajaya’s plans for retrieving the US$1 billion which the troubled 1MDB has
    235 words
  • Article, Illustration
    Lock icon Economists expect Singapore growth forecast for 2016 to be cut again
    968 1  -  Govt forecast remains unchanged for now; but MTI acknowledges global growth prospects have weakened By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore THE government on Wednesday stuck to its economic growth forecast for 2016, but there is clear indication the door
    968 words
  • Article, Illustration
    Lock icon SGX enters exclusive talks to buy London’s Baltic Exchange
    782 1  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE Singapore Exchange (SGX) has emerged as the leading bidder for London’s Baltic Exchange. In a statement on Wednesday, it said it has entered into exclusive talks to buy the maritime information provider, with the
    PHOTO: REUTERS  -  782 words
  • Article
    Lock icon MARKETS
    26 1 Wednesday Change STI 2,766.66 +16.43 KL Comp 1,630.96 +5.12 Nikkei 225 16,757.35 +258.59 Hang Seng 20,368.05 +537.62 Shenzhen B 1,039.21 +3.16 Dow(11.45am EDT) 17,859.83 +153.78
    26 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      93 1 *****1 *****1 THE BUSINESS TIMES ©Photograph: Aaron Wong mi iW^4'ftk < f*. r 5*- Y* W> r «K‘ »WW r<w i 3,000,000 SQ KM OF PROTECTED OCEANS BLANCPAIN HAS CONTRIBUTED TO DOUBLING THE PROTECTED OCEAN SURFACE AREA RAISE AWARENESS, TRANSMIT OUR PASSION, HELP PROTECT THE OCEAN www.blancpain-ocean-commitment.com •C 1 v
      93 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      13 1 TRUMP TRIUMPH? He might yet make it despite all the odds OPINION 27
      13 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      49 1 STARTUPS In the front seat of chairs for gamers top stories/6 WEST COAST VALE Mixed views on appeal of 99-year residential reserve site real estate /14 Let market forces weed out less productive firms: MTI study, Page 2 MTI flags concern over slower rates of capital investment, Page 2
      49 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Non-oil domestic exports now tipped to fall 3-5% in 2016
      760 2  -  Official trade forecasts trimmed after further declines in trade and NODX recorded in the first quarter SINGAPORE ECONOMY By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore AT the start of the year, there was still a glimmer of hope that trade
      Source: IE Singapore  -  760 words
    • Article, Illustration
      Lock icon MTI flags concern over slower rates of capital investment
      468 2  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore DOWNWARD pressures on machinery equipment (M&E) investments and hence, Singapore’s overall investment in capital will likely remain in the near term, said the Ministry of Trade and Industry (MTI) on Wednesday. This is especially given
      Source: Singapore Department of Statistics  -  468 words
    • Article, Illustration
      Lock icon Let market forces weed out less productive firms: MTI study
      552 2  -  By kellytay@sph.com.sg Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore EVEN as the government doles out support to help companies restructure, competitive market forces should be allowed to work through the economy, as these help to weed out less productive firms, said a
      Source: MTI staff estimates  -  552 words
    • Article
      Lock icon Eurozone hails Greece breakthrough deal
      682 2 REUTERS Brussels THE eurozone gave Greece its firmest offer yet of debt relief in what finance ministers called a breakthrough deal that won a provisional commitment from the IMF to return to taking part in the bailout for Athens, heartening investors. After talks that lasted
      REUTERS  -  682 words
    • Article
      Lock icon DAP politician presses KL for update on 1MDB’s US$1b in BSI Singapore
      917 4  -  Meanwhile, BSI says it continues to operate normally as the withdrawal of its merchant bank status will take place only later By Pauline Ng btworld@sph.com.sg Kuala Lumpur A MALAYSIAN opposition lawmaker has demanded to know Putrajaya’s plans for
      917 words
    • Article, Illustration
      Lock icon Think out of the box when venturing abroad
      602 4  -  COMMENTARY By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT MUCH of the talk in the corporate world these days is about how companies can and should spread their wings overseas to access the vast potential that much larger markets in the region and beyond can
      602 words
    • Article, Illustration
      Lock icon Thai PM is Shangri-La Dialogue’s key speaker
      612 6  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THAI Prime Minister Prayut Chan-o-cha will be in Singapore next week to deliver the keynote address at this year’s Shangri-La Dialogue. He will speak at the opening dinner of the three-day event on June 3 at the
      612 words
    • Article, Illustration
      Lock icon In the front seat of chairs for gamers
      763 6  -  Secretlab, started by 2 young S’pore men, are gaining quite a name with their specialised chairs START UPS By Sherwin Loh @SherwinLohBT Singapore IN LESS than a year, local gaming accessory start-up Secretlab has sold over S$2 million worth of its luxury
      763 words
    • Article
      Lock icon Cloud Alliance gets Series A; BonAppetour scores seed funding
      419 6  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THE steady start to startup activity this year is holding up despite weak investor sentiment, with two startups announcing on Wednesday that they have received funding. One of these is Cloud Alliance, a Singapore-based gaming-platform
      419 words
    • Article
      Lock icon Apple Pay aims to replace the wallet – and it’s making great progress: VP
      553 6  - Apple Pay aims to replace the wallet and it’s making great progress: VP By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore APPLE Pay is well on its way to replace the wallet, according to Jennifer Bailey, vice-president of the mobile payment service that aims to revolutionise the way consumers pay for goods
      553 words
Page thumbnail Page 3
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      29 4 Congratulations& Best Wishes on the Grand Opening ofSingapore Lube Park on 26th May 2016. Our partnership to grow for many years to come. THE DOVECHEM GROUP SAFE RELIABLE OPERATIONS
      29 words
Page thumbnail Page 5
Page thumbnail Page 6
Page thumbnail Page 7
  • COMPANIES & MARKETS
    • Article
      Lock icon Bid for NOL: CMA CGM clears Chinese anti-monopoly hurdle
      409 7  -  French container shipping group says it expects to announce proposed offer for NOL by June 2 at the latest By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore FRENCH container shipping group CMA CGM expects to announce soon its proposed S$ 3.4 billion
      409 words
    • Article
      Lock icon Religare Health Trust’s Q4 distributable income up 1.4%
      471 7  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore RELIGARE Health Trust (RHT) on Wednesday reported a 1.4 per cent rise in distributable income to S$ 15.3 million for the fourth quarter ended March 31,2016, due to a more favourable contracted exchange rate in FY2016
      471 words
    • Article
      Lock icon Goldman Sachs sees the yen falling 13% against the greenback in 12 months
      571 7 BLOOMBERG Tokyo GOLDMAN Sachs Group Inc is keeping faith with Bank of Japan (BOJ) governor Haruhiko Kuroda’s ability to influence markets, predicting that the yen will slide 13 per cent against the dollar by this time next
      BLOOMBERG  -  571 words
    • Article
      Lock icon Even if it’s different this time, efforts to rebuild trust in stocks must continue
      694 8  -  Market confidence has not returned despite regulatory efforts to address trading reps’ concerns HOCK LOCK SIEW BY R SIVANITHY SIXTEEN months ago in January 2015, 1,225 trading representatives (TRs) signed a petition addressed to the Finance
      694 words
    • Article
      Lock icon Wilmar JV in tie-up with major palm oil refiner in India
      393 8  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore A JOINT venture of Wilmar International is tying up with India’s biggest palm oil refiner Ruchi Soya to create a new company that will cater to increasing domestic food demand in India. The
      393 words
    • Article
      Lock icon Singapore investors not savvy about risks of index funds: survey
      418 8  -  By J Lossini jlossini@sph.com.sg Singapore SINGAPORE investors have limited understanding of the risks of index investing and the role of index funds in portfolios, according to the latest global survey conducted by Natixis Global Asset Management. The survey, which studied
      418 words
    • Article, Illustration
      Lock icon POSB robot makes its rounds at branches
      291 8  -  By Arthur Lee arthurl@sph.com.sg Singapore POSB Bank has introduced a friendly “robot” at selected branches as part of an innovative programme it is piloting to enhance customers’ banking experience. The 1.2-metre tall robot, which has not been officially named yet, has been making
      PHOTO: ARTHUR LEE  -  291 words
    • Article
      Lock icon Allianz launches digital innovation lab in Singapore
      294 8  -  By Renald Yeo yrenald@sph.com.sg Singapore THE traditional role of insurance, where customers go to their insurers when “bad stuff happen”, could soon be disrupted, with the industry looking towards leveraging data science and digital innovation to educate and motivate their customers to have
      294 words
    • CORPORATE DIGEST
      • Article
        Lock icon Technics Oil & Gas
        204 8 Technics Oil Gas TECHNICS Oil Gas has failed in its bid to restrain its landlord Soilbuild Business Space Reit to call on a S$11.85 million bank guarantee or security deposit which is equivalent to 18 months’ rent in respect of the second year lease of the premises at 70 Loyang
        204 words
      • Article
        Lock icon Singapore Post
        106 8 SINGAPORE Post deputy chairman Goh Yeow Tin will resign from June 24, becoming the latest board member of the postal carrier to step down. Mr Goh, who was appointed in 2014, is stepping down to devote more time to his other commitments, the company said. Mr Goh was
        106 words
    • Article
      Lock icon Valuetronics FY16 profit falls 19.3% as LED bulb business goes dark
      429 9  -  Company hopes to retool with focus on higher-margin industrial and commercial segment By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore VALUETRONICS Holdings' net profit fell 19.3 per cent for its financial year ended March 31 as it turned out the lights
      429 words
    • Article
      Lock icon Trek’s CFO interviewed in CAD probe
      372 9  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE chief financial officer of thumbdrive maker Trek 2000 was taken in for questioning at Singapore’s whitecollar crime police unit on Wednesday, a month after the firm’s auditors lodged a report with the Accounting and Corporate Regulatory Authority
      372 words
    • Article
      Lock icon Jason Hldgs suspends two key executives
      301 9  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore FLOORING specialist Jason Holdings has suspended its chief executive Jason Sim and operations director New Sze Wei over allegations of improper transactions. Mr New tendered his resignation on May 1. The company plans to find an interim chief
      301 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times Index May 25,2016 2,766.66 +16.43 (+0.60%) Current streak 1 day Day high 2,790.30 Day low 2,766.66 52-week high 3,460.85 (May 25, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index May 25,2016 434.68 +0.52 (+0.12%) Current streak 4 days Day high 437.56 Day low
      63 words
    • Article, Illustration
      Lock icon Wall Street’s rise helps STI gain 16 pts
      658 10  -  Region-wide bounce also sees Hang Seng Index surge 2.7% and Nikkei 1.6%; Singapore turnover feeble at S$794m STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WALL Street’s Tuesday rally helped push the Straits Times Index (STI) up 16.43 points to 2,766.66 on ednesday, part
      Source: Bloomberg  -  658 words
    • Article
      Lock icon STI STOCKS
      305 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 232 +1 235/230 254 209 6.6 6113.9 CapitaCom Trust 140 +1.5 141/139 164 122.5 6.2 4138.9 CapitaLand 296 +2 300/295 367 267 11.8 3 *****.8 CapitaMall Trust 205 unch 207/204 224 184.5
      305 words
    • Article
      Lock icon MOST ACTIVE
      33 10 VOLUME Noble 83,629,000 Spackman 70,926,600 Ezra 61,105,000 Annica 35,800,000 MDR 31,700,200 Market volume 1,821,735,000 VALUE Singtel 73,491,621 DBS Grp 53,056,577 Global Logistic 40,316,143 OCBC Bank 35,770,614 UOB 33,235,260 Market value 832,616,000
      33 words
    • Article
      Lock icon SGX ETFs Most Active
      108 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 282 +1 466 284/282 351/254 282/283 DBXT MSRussia US$ US192 +4 221 192/189 227/129 192/193 ABF SG Bond ETF 117 -0.1 71 117/116.5 119/112 116.8/117 534.1 GLD US$ US***** -188 53 *****/***** *****/***** *****/*****
      108 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 May 25 VALUE CLOSE BT OB/OS -165.00 +86.00 BT CADI -*****.00 +48.00 BT 10-day MA -*****.00 -16.00 FTSE ST Mid Cap 669.38 +1.05 FTSE ST Small Cap 387.94 -0.66 FTSE ST All Share 677.24 +3.62 FTSE ST China Top 161.37 +0.45 FTSE ST China 189.66 +0.60 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index May 25,2016 677.24 +3.62 (+0.54%) Current streak 1 day Day high 681.22 Day low 677.24 52-week high 830.71 (May 25, 2015) 52-week low 625.37 (Jan 21, 2016)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index May 24,2016 1,642.30 +13.46 (+0.83%) Current streak 1 day Day high 1,644.61 Day low 1,619.21 52-week high 1,936.32 (May 25, 2015) 52-week low 1,492.43 (Feb 12, 2016)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 4 0 1 0 8 5 4 Manufacturing 39 25 34 12 6 10 51 31 44 Commerce 22 12 15 3 7 5 25 19 20 Tpt/Stor/Comms 14 13 7
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,757 20 13,777 43,224 3 43,228 Manufacturing 67,388 135,498 202,886 69,133 5,339 74,472 Commerce 119,135 51,140 170,275 66,341 1,252 67,593 Tpt/Stor/Comms 137,976 110 138,086 147,986 9 147,996 Finance 17,075 77 17,152 134,123 13 134,136 Construction
      122 words
    • Article
      Lock icon GAINERS
      75 10 BY CENTS CLOSE UP 52w high/low SPDR S&P500 US$ ***** 477.3 1.7 *****/***** DBXT MSEurope US$ 5432 189.0 2.6 6142/4770 DBXT E50 US$ 4509 176.6 2.9 5249/3968 DBXT MSKorea US$ 5104 144.8 2.1 5850/4478 DBXT China50 US$ 2689 96.6 2.7 4190/2355 BY PERCENTAGE CLOSE UP 52w high/low Memstar Tech
      75 words
    • Article
      Lock icon LOSERS
      78 10 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -259.3 -1.6 *****/***** DBXT S&P Short US$ 2055 -44.1 -1.5 2393/2036 Lyxor MS India US$ 1425 -41.4 -2.1 1840/1331 Great Eastern 2150 -40.0 -1.8 2506/1870 Lyxor AsiaRE US$ 817 -22.1 -1.9 1082/714 BY PERCENTAGE CLOSE DOWN 52w high/low New Wave
      78 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE P99 15,620.6 0.079 +0.031 +64.58 Zhongxin Fruit 160.0 0.016 -0.002 -11.11 China Gaoxian 101.1 0.077 +0.014 +22.22 United Food 31.0 0.089 +0.014 +18.67 Seroja Inv 122.0 0.067 +0.012 +21.82 PS Group 60.3 0.139 -0.026 -15.76 YZJ Shipbldg RMB 0.2 4.390 -0.110 -2.44 800 Super 3,127.1
      84 words
    • BROKERS’ TAKE
      • Article
        Lock icon Capitaland Commercial Trust | Hold
        160 10 Capitaland Commercial Trust Hold Target price: S$1.39 May 25 close: S$1.40 OCBC Investment Research, May 25 CCT has proposed to exercise its call option to acquire the remaining 60 per cent of MSO Trust a special purpose subtrust which holds CapitaGreen, a Grade A office tower with a 57-year leasehold
        160 words
      • Article
        Lock icon Q&M Dental Group | Buy
        168 10 Q&M Dental Group Buy Target price: S$1.05 May 25 close: S$0.77 Maybank Kim Eng, May 24 The overhang on the stock was removed on May 23 after a substantial shareholder, Heritas Helios Investment, allowed its option to subscribe for up to 63 million new Q&M shares to lapse. The latest
        168 words
      • Article
        Lock icon Pacific Radiance | Fully valued
        192 10  - Pacific Radiance Fully valued Compiled by Andrea Soh Target price: S$0.26 May 25 close: S$0.275 DBS Group Research, May 24 Both supply vessel and subsea vessel segments are suffering from low fleet utilisation and rock-bottom day rates as a result of the low oil price environment. With four vessels added
        192 words
    • Article
      Lock icon CALENDAR
      12 10 DATA IMay 26 Singapore Industrial Production Index US Initial Jobless Claims
      12 words
    • Article
      Lock icon US$ hits 2-month high on expected rate hike
      429 11 CURRENCIES REUTERS London THE US dollar hit a two-month high against a basket of currencies on Wednesday on expectations the Federal Reserve is on course to raise interest rates in the coming months. The euro, though, held its ground and rose against
      REUTERS  -  429 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        470 11 May25 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.944 4.718 0.645 5.587 48.441 98.227 0.791 8.498 2.950 1.067 75.377 33.651 0.992 11.221 0.714 23.469 25.652 0.491 0.719 Canada 1.060 5.000 0.684
        470 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 May 25 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9919 0.9928 0.7191 0.7196 Canadian dollar 1.0514 1.0518 0.7624 0.7622 Euro 1.5378 1.5383 1.1148 1.1150 NZ dollar 0.9300 0.9307 0.6742 0.6746 Sterling pound 2.0210 2.0215 1.4651 1.4653
        155 words
      • Article
        Lock icon us$/s$ FORWARD RATES
        22 11 May 25 S$ Bid Offer 1-month 1.3800 1.3806 2-months 1.3806 1.3810 3-months 1.3812 1.3815 6-months 1.3834 1.3841 Source: OCBC
        22 words
      • Article, Illustration
        Lock icon HANG SENG
        2 11
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 11
        1 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 11
        2 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        396 11 May 25 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES May16 9312.50 9390.00 9302.50 9340.00 *****7 *****6 Jun16 9085.00 9162.50 9052.50 9100.00 *****3 *****8 NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 ***** *****0 Sep16 *****.00 *****.00 *****.00 *****.00 470 3074 MSCI TAIWAN
        396 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        211 11 Most active May 25 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 9.5 1 7146 0.1 1480 2 OCBC Bk MB eCW*****3 3.4 0.2 3325 0.1 900 5 UOB MB eCW*****5 3.1 -0.2 3282 0.1 1890
        211 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 11 In local curr In S$ In US$ dy yr dy yr dy yr May 24 Index Change Change Change Change Change Change World Preliminary 1254.0 1.0 -1.9 1.2 -3.2 1.1 -0.6 EAFE Preliminary 942.3 0.8 -7.0 1.0 -6.8 0.8 -4.3 Europe Preliminary 1345.7 1.7 -4.7
        377 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 May 25 $S Offer Bid 0vernight 0.03 Par 1-month 0.7500 0.6250 2-months 0.9375 0.8125 3-months 1.0000 0.8750 Overnight mode: 0.55 US$ Offer Bid 7 days 0.45 0.35 1 month 0.50 0.40 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.10 0.90 9 months 1.30 1.10 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        63 11 May 25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 98.95 5-Year NX*****X 2.250 01-Jun-21 102.42 10-Year NX*****Z 2.375 01-Jun-25 101.66 101.83 101.80 15-Year NZ*****F 2.875 01-Sep-30 104.9 105.15 105.15 20-Year NZ*****V 3.375 01-Sep-33 112.01 30-Year NA*****H 2.750 01-Mar-46
        63 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 11 May-24 Price Net change change Last Trade Agricultural May-24 CBOT Soybeans (US cents/bu) 1054.75 -3.75 -0.35% 14/07/2016 CBOT Soybean Oil (US cents/lb) 30.89 -0.26 -0.83% 14/07/2016 CBOT Wheat (US cents/bu) 464.00 2.00 0.43% 14/07/2016 May-24 LIFFE Cocoa (£/tonne) 2194.00 -20.00 -0.90% 14/07/2016 LIFFE Coffee (US$/tonne) 1620.00 5.00 0.31%
        250 words
    • Article
      Lock icon SGX MAINBOARD
      1756 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 151.5 127 AIMSAMP Cap Reit 138 unch 96 138 136.5 0.9 8.2 876.8 Div 171.2 101 ARA Asset Mgmt 132.5 +1 1108 133.5
      1,756 words
    • Article
      Lock icon SGX CATALIST
      283 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day 4 1.7 t Acesian Partners 3 unch 138 3 2.5 4.1 10.5 GrYld Net MCap 16.2 4.5 t Alliance Mineral 6.4 unch 1804 6.6 6.2 25.2 LOW 19.9
      283 words
    • Article
      Lock icon SGX ETF
      147 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4190 2355 DBXT China50 US$ US2689 +70 4 2689 2654 7.4 370 190 DBXT MSBrazil US$ US288 +3 18 288 287 1740 995 DBXT MSCHINA US$ US1130
      147 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      327 7 ASEAN Conference 2016 New Mindsets, Right Strategies, Effective Collaborations 31 May 2016, Singapore Conference Highlights: Policy Updates on Indonesia, Myanmar Vietnam Getting It Right in ASEAN A sharing session with business leaders on how to be successful in ASEAN. Disruptive Technologies on Business Landscape How disruptive technologies have allowed businesses
      327 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      169 8 IlDUT I health f?nn I trust Religare Health Trust (Registration Number *****06) (a business trust registered under the Business Trusts Act. Chapter 31A of Singapore) Notice of Books Closure Date Payment Date for Distribution for the Period from 1 October 2015 to 31 March 2016 Notice is hereby given that
      169 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      24 9 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
      24 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      353 9 m Mandani Bay Invest in a premium freehold 20-hectare waterfront integrated development 4 rrcrrfj rT nrr :j i s 111 III n .'a. ‘T F <£ I iii mim 1 i l<-i ud i in 1 Ills'll' aJ. UftW 4 MBi«» r. i A a? H nr.' *i gw Et-T/
      353 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      71 12 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
Page thumbnail Page 13
  • REAL ESTATE
    • Article, Illustration
      Lock icon China banks lending more to property sector
      831 13 Higher exposure makes them vulnerable to property market downturn Hong Kong CHINA’S top banks are lending more to homebuyers and developers than at any time since at least the global financial crisis, making them vulnerable to a property market downturn as prices overheat
      PHOTO: AFP  -  831 words
    • Article
      Lock icon CityDev CEO says it’s a good time to buy commercial property
      416 14 BLOOMBERG Singapore CITY Developments Ltd, Singapore’s second-largest developer, may seek to buy offices this year as rising interest rates makes such assets cheaper worldwide. “We are coming into a very good time for acquisitions,” said Grant Kelley, chief executive
      BLOOMBERG  -  416 words
    • Article, Illustration
      Lock icon Consultants have mixed views about reserve site in West Coast Vale
      721 14  -  While some cite its locational advantages, others say there are more attractive sites on the GLS programme By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE Urban Redevelopment Authority (URA) on Wednesday released detailed sales conditions for a residential reserve site
      BT Graphics  -  721 words
    • Article, Illustration
      Lock icon Savills Investment ramping up Asian business
      852 14  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore A NEWLY appointed Asia-Pacific CEO. Two new regional offices. A three-year game plan to grow its assets under management (AUM) in Asia five-fold to more than US$10 billion. The signs are all there: Savills Investment Management is serious
      PHOTO: ARTHUR LEE  -  852 words
    • Article, Illustration
      Lock icon Toll Brothers’ quarterly revenue up 31% on higher home sales
      415 15 Sales up more than expected in April, suggesting housing market recovery is gaining traction REUTERS New York TOLL Brothers Inc’s quarterly revenue jumped nearly 31 per cent, beating analysts’ estimates, as the company sold more luxury homes at higher prices,
      REUTERS; PHOTO: REUTERS  -  415 words
    • Article
      Lock icon Househunt
      1474 15 Property transactions for districts 1 to 21 with contract dates between April 13 and April 19,2016 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 1 NON-LANDED The Clift Apt 14/04/2016 99 495 1045 2110 District 3 NON-LANDED Alex Residences Apt
      1,474 words
    • Article
      Lock icon Bank Indonesia mulls easing of loan rules to boost credit growth
      374 15 BLOOMBERG Jakarta INDONESIA’S central bank is considering loosening lending regulations to help stoke credit growth in South-east Asia’s largest economy. One possible measure is to let homeowners take out loans to purchase a second property “off the plan”, or
      BLOOMBERG  -  374 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      248 13 Long WALE, Premium Asset FOR SALE WorkZone East 1 Nash Street Perth, Western Australia A grade office building of 12,362 sqm* and 81 car bays Constructed 2013 with a 5 Star Green Star rating Potential fully leased net income of $6,790,000 pa* WALE by income of 8.91* years as at
      248 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      332 14 Industrial Space Solutions, East and West. A 5-storey Light Industrial Building with an ancillary showroom at ground level Land Tenure: HDB leasehold, balance lease approx. 40 years Land Area: Approx. 6,556.5sq m 70,574.16 sq ft) GFA: Approx. 13,111.9sq m (141,136 sq ft) Plot Ratio: 2.0 (Master Plan 2014) Land Zoning:
      332 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      279 14 EXCLUSIVE AGENT FOR SALE: PRIME SHENTON WAY SHOP SPACE Ideal for Retail F&B Banks Showrooms Supermarkets Rarely available 6,631 sf shop space on single level Coveted Shenton Way address in District 1 Single tenant upside up to 5%+ rental yield No ABSD SSD, foreigners/companies eligible to buy Asking around indicative
      279 words
Page thumbnail Page 15
Page thumbnail Page 16
  • BANKING & FINANCE
    • Article
      Lock icon London’s City finance hub all geared up for possible Brexit
      739 16 Some big banks may have to shift activities and jobs abroad; Bank of England will raise liquidity in the weeks ahead AFP London WITH one month to go before Britain’s vital in-out EU referendum, London’s City finance district is busily
      AFP  -  739 words
    • Article
      Lock icon Deutsche Bank slips in currency trading ranking
      364 16 German bank is now world’s fourth biggest trader by market share: survey BLOOMBERG New York A TOUGH week for Deutsche Bank AG just got worse. The German lender’s share of the US$5.3 tril-lion-a-day currency market tumbled to 7.9 per cent, down from 14.5
      BLOOMBERG  -  364 words
    • Article
      Lock icon Draghi in QE quandary after draining bond market
      261 16 BLOOMBERG London THE biggest buyer of European government bonds may have to start spreading its money around a bit more widely. The European Central Bank (ECB) expanded the size of its debt-buying programme in April by a third to 80 billion euros
      BLOOMBERG  -  261 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      1317 16 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      1,317 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      662 16 BANK OF CHINA Head Office 1 Fuxingmen Nei Dajie, Beijing *****8, People’s Republic of China, Tel: (86) 10-6659 6688 Fax: (86) 10-6601 6871 Swift: BKCHCNBJ http://www.boc.cn Singapore Branch 4 Battery Road. Bank of China Building, Singapore *****8 Tel: (65) 6535 2411 Fax (65) 6534 3401 Swift: BKCHSGSGXXX CONSOLIDATED STATEMENT OF
      662 words
Page thumbnail Page 17
  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Forget about US$100 oil coming back, says Norway
      731 17 Minister says “we saw oil prices hitting US$140 a barrel, and that does not contribute to economic growth” BLOOMBERG Oslo THE oil market is rebalancing, but don’t count on ever seeing prices at US$100 a barrel again: that’s the message from Norway’s
      BLOOMBERG; PHOTO: BLOOMBERG  -  731 words
    • Article
      Lock icon NGOs slam Japan for investing abroad in carbon-polluting coal
      609 17 AFP Bonn DAYS before Japan will host a Group of Seven (G-7) summit, non-govern-mental organisations (NGOs) slammed the Asian nation for financing coal-powered energy in developing countries, even as other countries and investors shun the climate-dam-aging fossil fuel. Within the G-7
      AFP  -  609 words
    • Article
      Lock icon China to beef up oversight of commodity futures trading
      374 17 BLOOMBERG Shanghai CHINA’S leading market regulator said that its clampdown on speculation in raw materials futures has successfully reined in the frenzy, and pledged to beef up oversight as the country seeks to dislodge rivals and become the global centre for
      BLOOMBERG  -  374 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      365 17 «r SAFFRONHOMES London Projects Development Watch our CEO Monty Nawaz’s Video on How to Buy, Renovate Sell London Youlfflifl nvesl HowTo Invest In Joint Venture Value Add Projects Development LONDON PROPERTY SEMINAR i!» E r i i i i 9 M s MM a -vj6 jnn pin rn p F/H
      365 words
Page thumbnail Page 18
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Slimming down HP Enterprise and unwinding ‘IT supermarket’
      910 18 whitman focusing company on most promising and faster-growing businesses amid new cloud competition BLOOMBERG San Francisco MEG Whitman is taking further steps to unwind the collection of computer assets she inherited when she took the helm of Hewlett-Packard Co in 2011, keeping
      BLOOMBERG; PHOTO: BLOOMBERG  -  910 words
    • Article
      Lock icon Twitter relaxes 140-character tweet limit, adds features
      624 18 AFP Washington TWITTER said on Tuesday it was easing its 140-character limit for tweets, allowing users to add links, attachments and some other features within the short messages. The move comes as Twitter’s efforts to increase its user base and engagement have been
      AFP  -  624 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      34 18 OPENING DOORS TO OPPORTUNITIES ■^rSTJOBS LEARNING 0 > Realise your potential and stay relevant with continuous learning. Si Find out more about the courses available on www.stjobs.sg/virtualfair from 23 May 201 t A N EVENT
      34 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      1532 19 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices 00 HUA NAN COMMERCIAL BANK, LTD. (A wholly-owned subsidiary ol Hua Nan Financial Holdings Co., Ltd.) Head Office No. 123 Songren Road Xinyi Dist., Taipei Taiwan ***** Taipei Taiwan Tel: +886-2-2371 3111 Fax: +886-2-8729 1814 Singapore Branch 80 Robinson
      1,532 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      798 19 INTES4 nnn SNSB40ID Registered Office: Piazza San Carlo, 156 ***** Torino. Secondary Registered Office: Via Monte di Pieta, 8 ***** Milano. Intesa Sanpaolo S.p.A. Singapore Branch: 6Temasek Boulevard #42-04/05, SuntecTower Four, Singapore *****6 Consolidated Balance Sheet As of 31 December 2015 Consolidated Income Statement As of 31 December 2015 (millions
      798 words
Page thumbnail Page 20
  • CONSUMER
    • Article
      Lock icon Homegrown maker of low-cost watches calls Swiss Made a joke
      701 20 Goldgena is challenging the industry by using non-Swiss components for mechanical watches BLOOMBERG New York JUST when Swiss watchmakers are struggling with the strong franc, weaker Asian demand, and new technologies such as smartwatches, the last thing they need is
      BLOOMBERG  -  701 words
    • Article, Illustration
      Lock icon How low will Uniqlo owner go after buyers spurn high prices?
      597 20 BLOOMBERG Tokyo AS Fast Retailing Co introduced the fall and winter lineup for casual wear chain Uniqlo on Wednesday, it was trying to lure consumers who have kept purse strings so tight that the company’s billionaire chairman conceded its
      BLOOMBERG; PHOTOS: BLOOMBERG  -  597 words
    • Article
      Lock icon EU gives nod to US$100b AB InBev, SABMiller merger
      596 20 NYT London THE European Commission said on Tuesday that it had signed off on An-heuser-Busch InBev’s (AB InBev) more than US$100 billion merger with SABMiller after the companies agreed to sell off SABMiller’s premium brands in Europe and some other European
      NYT  -  596 words
    • Article
      Lock icon Huawei files patent suits against Samsung
      376 20 It is the Chinese firm’s first intellectual property challenge against the world’s top mobile maker REUTERS Hong Kong HUAWEI Technologies Co Ltd on Wednesday said it sued Samsung Electronics Co Ltd claiming infringement of smartphone patents, the Chinese firm’s first intellectual property challenge against
      REUTERS  -  376 words
    • Article, Illustration
      Lock icon Germany’s Bayer confident of meeting Monsanto deal demands
      578 20 BLOOMBERG Chicago BAYER AG, whose US$62 billion takeover bid was rejected earlier by Monsanto Co, said it’s confident it can overcome the seed company’s concerns about the regulatory and financing risks related to a deal that would create the world’s largest supplier
      BLOOMBERG; PHOTO: REUTERS  -  578 words
Page thumbnail Page 21
  • GOVERNMENT & ECONOMY
    • Article
      Lock icon US lawmakers add fuel to old Wall Street spat
      755 21 A pending bill will weaken stock exchanges’ grip on data feeds while giving brokers a greater say BLOOMBERG Washington NEW legislation is intensifying an old fight between two powerful forces on Wall Street: stock exchanges and brokers. So far, the brokers
      BLOOMBERG  -  755 words
    • Article, Illustration
      Lock icon WTO sees Brexit costing UK billions in trade tariffs
      261 22 REUTERS Geneva LEAVING the European Union would cost British consumers £9 billion(S$18.3 billion) in annual additional import tariffs, World Trade Organization chief Roberto Azevedo said in an interview published by the Financial Times on Wednesday. Britain’s exports would also be burdened
      REUTERS  -  261 words
    • Article
      Lock icon Private indices show China economy in sluggish growth in May
      777 22 Tepid signs of activity coincide with signals from policymakers that they want to keep a lid on rising debt BLOOMBERG Beijing AFTER something of a roller-coaster ride in March and April, China settled into sluggish growth in May, according to
      BLOOMBERG  -  777 words
    • Article, Illustration
      Lock icon EU wants European movie quotas for Netflix and Amazon
      631 22 AFP Brussels US firms Netflix and Amazon face quotas for European movies and television shows under new European Union proposals unveiled on Wednesday that also aim to lift cross-border barriers for Internet shoppers. The plan is the latest step towards what
      AFP; PHOTO: REUTERS  -  631 words
    • Article
      Lock icon Trump nears delegate threshold after Washington win
      174 22 BLOOMBERG Washington DONALD Trump won Tuesday’s Republican presidential primary in Washington state, according to the Associated Press (AP), putting the party’s presumptive nominee on the cusp of crossing the delegate threshold required to formally secure his party’s nomination. The only Republican candidate remaining
      BLOOMBERG  -  174 words
    • Article
      Lock icon South Africa central bank urges vigilance after ATM heist in Japan
      410 22 REU TERS Johannesburg SOUTH Africa’s central bank told lenders to be vigilant on Wednesday after criminals in Japan stole millions of dollars from automatic teller machines using fake credit cards from South Africa’s Standard Bank. The criminal gang made
      REUTERS  -  410 words
    • Article, Illustration
      Lock icon Indonesia’s push to boost lending may backfire as banks suffer
      1254 23 Banks not willing to lend due to lack of deposits, more bad loans and sluggish economy REUTERS BLOOMBERG Jakarta INDONESIA’S efforts to revive economic growth by bringing down lending rates are at risk of backfiring as they make banks the
      REUTERS; BLOOMBERG; PHOTO: REUTERS  -  1,254 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      531 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF APRISO PTE LTD (Registration No. *****5970W) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that a meeting of the creditors of APRISO PTE LTD will, pursuant to Section 296 of the Companies Act, Cap
      531 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      1408 21 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      1,408 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 3
      1346 21 BALANCE SHEETS AS AT 31 DECEMBER 2015 AND 31 DECEMBER 2014 Unit: NT$1,000 ASSETS 2015 2014 Cash and cash equivalents $61,271,514 140,351,360 Due from the Central Bank and call loans to banks 91,643,190 143,753,829 Financial assets at fair value through profit or loss 254,226,830 151,712,443 Derivative financial assets for hedging
      1,346 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      35 22 BUCKING THE TREND How Jayalalithaa and Mamata Banerjee managed to retain power in the recent elections Lawyer who finds joy in Club 100 GET YOUR COPY TOMORROW TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      35 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      24 22 “An objectlesson in reporting in the good old fashioned way.” MAYANK CHHAYA South Asia Daily Now on sale at all major bookstores and www.stpressbooks.com.sg
      24 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 3
      43 22 2 3 J U N E 1 6 SPH News Centre 9.00am to 5.00pm SME 101 MARKETING BOOTCAMP Trainer: Pamela Wigglesworth EARLY BIRD EXTENDED TILL 30 MAY 2016! $788 To register or find out more about the bootcamp, visit http://learning.stjobs.sg/ bootcamp STJOBS LEARNING
      43 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      233 23 BACK BY POPULAR DEMAND! SME101 MARKETING BOOTCAMP: LEAD GENERATION STRATEGIES USING SOCIAL MEDIA, VIDEO AND MOBILE MARKETING Who should attend: Senior and Middle Management, Managers, Sales and Marketing Professionals, Business Owners and anyone interested in learning cost effective tools and techniques to create awareness for your brand, improve leads and
      233 words
Page thumbnail Page 24
  • TRANSPORT
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      101 24 INVEST EXPO 2016 Co-organised with ShareInvestor* A SUBSIDIARY OF Sph SUNTEC SINGAPORE CONVENTION EXHIBITION CENTRE LEVEL 4, EXHIBITION HALL 404 11 JUNE 2016 10AM -7PM o FREE ADMISSION r n a Fundsupermart.com is the online distribution arm of iFAST Financial Pte Ltd, a subsidiary of iFAST Corporation Ltd. iFAST Financial
      101 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      50 24 HOT PROPERTY TAMPINES ST 81, Shophouse 798 sqft. Good Facing. Heavy Crowd. Sell w/Tenancy. High Rental Yield. DUNLOP ST. 939/ 2000 sqft. 2½sty. High rental yield. Campbell Lane 871/ 1700 sf. Near Heritage Ctr SHOP SPACES FOR SALE Check out these properties and more in The Straits Times Classified now!
      50 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      1009 25 the Business times Shipping times Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul 10
      1,009 words
Page thumbnail Page 26
  • OPINION
    • Article
      Lock icon Timely reminder about doing right by employees in retrenchment
      578 26 EDITORIAL SINGAPORE’S latest economic report card confirms what has been apparent on the ground for several quarters: the economy is plodding along at a sluggish pace, with no pickup in sight in the near term, the global economic outlook having weakened
      578 words
    • Article, Illustration
      Lock icon Two vital words for Taiwan ties, according to Beijing
      823 26  -  THE BOTTOM LINE By Frank Ching T The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 IN RESPONSE to the thoughtful inaugural address by Taiwan’s new president, Tsai Ing-wen, China’s Taiwan Affairs Office had a simple
      823 words
    • Article, Illustration
      Lock icon With eye on China, Obama strengthens ties with Vietnam
      1361 26  -  The US lifts an arms embargo for its former nemesis Vietnam, but Hanoi is sensitive to how Beijing might take it if it moves too quickly towards Washington. BY MURRAY HIEBERT Washington.BY MURRAY HIEBERT T The writer is senior fellow and
      YALEGLOBAL ONLINE; PHOTO: AFP  -  1,361 words
    • Article
      Lock icon The Swift attacks: should you be worried?
      965 27  -  COMMENTARY By Rizwi Wun and Jack Ow TRizwi Wun is a partner and Jack Ow a senior associate in the intellectual Property Technology Practice of RHTLaw Taylor wessing llp SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a messaging network that
      965 words
    • Article
      Lock icon Don’t expect next Opec meeting to achieve anything
      633 27  -  COMMENTARY By Rakesh Upadhyay OILPRICE.COM THE June 2 Opec (Organization of the Petroleum Exporting Countries) meeting will be held amid a backdrop of oil prices near US$50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi
      OILPRICE.COM  -  633 words
    • Article, Illustration
      Lock icon Trump may yet make it despite all the odds
      1467 27  -  The outcome of the Republican primaries shows that life is full of surprises and conventional wisdom could prove to be wrong again in November By Leon Hadar Washington SO let us say that you decided to run a marathon. You are
      PHOTO: REUTERS  -  1,467 words
Page thumbnail Page 27
Page thumbnail Page 28
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Lying in the shadow of Hiroshima
      1068 28 Nagasaki is a city that stands as an afterthought even though it too had an atomic bomb dropped on it in WW II and 74,000 people died there NYT Nagasaki, Japan WHEN Miyako Jodai was six years old, the United States dropped an atomic
      NYT; PHOTO: BLOOMBERG  -  1,068 words
    • Article, Illustration
      Lock icon Still smoking? Your ciggies may have poisoned Indonesian kids
      1066 28 BLOOMBERG Jakarta WHEN he was nine years old, Samsul Hadi began working the tobacco fields in his village in central Indonesia. It wasn’t long before his back ached, his hands turned black from the sticky residue of tobacco leaf, and he
      BLOOMBERG; PHOTO: AFP / HUMAN RIGHTS WATCH  -  1,066 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      318 28 CRYPTIC CROSSWORD Across 1 Unusual chat going into function of key versatile competitor (10) 6 Try to create perforation (4) 9 Drive out that involves Sussex pelican crossing? (5) 10 Pasta? Cut it fine for cooking (9) 12 Test for a beginner using ‘If poem’s bit far out? (7,2,4) 14
      318 words