Today, 2 February 2009, Afternoon Edition

Total Pages: 32
1 32 Today
  • 10 1 TODAY Monday February i, 2009 www.todayonline.com we set you thinking
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  • afternoon edition
    • 44 1 Support Eroding' A Republican Senator has said that support for the economic stimulus package is "eroding" among his colleagues. He has also called for major changes in the US$Bl9 billion ($1.3 trillion) measure the House of Representatives passed last week. Page Bl
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    • 31 1 The United Steelworkers union yesterday agreed to extend talks on a new contract for thousands of workers at United States refineries, averting a potentially-crippling strike for now. Page Bl
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    • 46 1 in die in blaze At least 111 people, including many women and children, died in Kenya when an overturned petrol tanker exploded as people swarmed over it to scoop up leaking fuel in one of the country's worst accidents, officials said yesterday. Page 12
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    • Article, Illustration
      37 1 Scolari blames the ref Chelsea's furious manager, Luiz Felipe Scolari, insists the referee was wrong to send Frank Lampard off a move that was pivotal in the team's 2-0 loss to Liverpool yesterday. Page 24
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    • 28 1 Ireland goalkeeper Shay Given joined Manchester City yesterday after 12 years at Newcastle. The 32-year-old signed a four-year contract for an undisclosed fee. Page 24
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    • 715 1  -  NEOCHAICHIN NATIONAL RESERVES Reserves shouldn't be used for social assistance, Workfare orComcare, says SM Goh chaichin@mediacorp.com.sg SO, THE Republic is finally "breaking the piggy bank", said a former ambassador to Singapore recently about the Government's draw of $4.9 billion from its carefully-guarded reserves a teasing
      DON WONG  -  715 words
    • 142 1 AGENCIES TOKYO A volcano near Tokyo erupted early this morning, with white smoke billowing and ash falling on the capital, the Meteorological Agency said. The agency had earlier raised the alert level, urging residents nearby to take caution, but stopped short of advising them evacuate. There
      AGENCIES  -  142 words
    • 429 1  -  LEONGWEEKEAT weekeat@mediacorp.com.sg HERE'S how Singapore should stand out from other countries in this global economic crisis: By responding more cohesively than others, helping its people more effectively, and preparing for the future more resolutely. This was the call made by Prime Minister Lee Hsien Loong last
      PHOTOS: DON WONG T\  -  429 words
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  • Page 1 Miscellaneous

  • NEWS
    • 184 2 1964: Severe recession and high unemployment soon after Singapore joined Malaysia. After independence in 1965, the Government decided the region could not be Singapore's hinterland, and implemented an export-led industrialisation strategy to make the world our market. 1985: Singapore's high-wage policy instituted in 1979 not only
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    • 741 2  -  GEORGE WALDEN THEDAILYTELEGRAPH NEWS COMMENT IF THE United States reneges on free trade and goes ahead with the "Buy American" clause in its stimulus package despite the lessons of the Great Depression, when protectionism instigated by America helped destroy the world trading system we could
      THEDAILYTELEGRAPH  -  741 words
    • 165 3 AGENCIES Japanese Prime Minister Taro Aso pledged ¥1.5 trillion ($25.2 billion) in development aid to other Asian countries on Saturday as leaders wrapped up the Davos forum. The initiative is aimed at funding infrastructure projects to boost economic growth in Asia. "It will
      AGENCIES  -  165 words
    • 484 3 LOST IN DAVOS Leaders at the World Economic Forum are stumped for remedies DAVOS Mired in indecision and uncertainty, the world's foremost gathering of the best and brightest in government and business failed to come up with any new plan to stem, much less
      AGENCIES; AFP  -  484 words
    • 624 4  -  LEONGWEEKEAT CHANGE IN FATAL AND INJURY CASUALTY RATES ROAD ACCIDENTS One in two pedestrian fatalities was a senior citizen weekeat@mediacorp.com.sg OLDER pedestrians continue to be caught in a bind here: About one in two pedestrians killed on the roads last year was aged 60 and above.
      SOURCE: SINGAPORE POLICE FORCE  -  624 words
    • 205 4 LEONGWEE KEAT THE training curriculum for learner motorcyclists will be revised this year, the first time in almost seven years. The revised curriculum will include three theoretical lessons on defensive riding, where instructors will impart practical tips with the aid of scenariobased videos.
      LEONGWEE KEAT  -  205 words
    • 65 6 DONWONG Mr Clarence Chan (right) and his seven-year-old son David release a golden Gourami fish into the Bedok Reservoir at the Fish For Luck 2009 Chinese New Year celebration held yesterday morning by Aljunied GRC. Following a yearly tradition, 1388 golden Gouramis were released into
      DONWONG  -  65 words
    • 171 6 LEONGWEEKEAT A ROUND of golf for a group of four men at the Singapore Island Country Club (SICC) yesterday morning ended with one of them in hospital. Today understands they were allegedly attacked by a group of eight men in their late 20s who
      LEONGWEEKEAT  -  171 words
    • 459 6  -  PEARL FORSS CHANNEL NEWSASIA TENANT DISPUTE Landlord takes back space on account of lease expiry pearlmaria@mediacorp.com.sg A RENTAL dispute turned ugly at Ngee Ann City early yesterday morning, when security was called in to the Opera Gallery to seal off the premises, which houses over
      CHANNEL NEWSASIA; FILE PHOTO  -  459 words
    • SINGAPORE ROUNDUP
      • 150 6 938 LIVE Ten rare turtles and tortoises worth about $75,000 have been stolen from a private museum in the Chinese Garden -the second such theft in six years at the Live Turtle and Tortoise Museum. Owner Danny Tan, 70, said the animals were in
        938 LIVE  -  150 words
      • 127 6 Know a dedicated teacher who deserves recognition? The call is out for nominations for the country's highest accolade for the profession, the President's Award for Teachers 2009. Since 1998,37 teachers have been honoured. Nominees must be dedicated to the welfare and development of their students,
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    • 143 5 I Improving lives through advanced technologies. ftK^^L"'. |Jm9bB BBeT^ _E^__^_N_^_HB^_0!F^*_^B^^^S^i_(^^S_^a^_W&_tt^ "H^_S SBJftv _RBjEw&!^r_HBBjEft!&g{ ESf&.-H '^w &$-i~ w^!--«f>t.s.rTB!sS_C _l^^~~~~-~-^ j£s\ "^:.'-SS'". fl[' rtliii "i'. •.^▼*?a_rJ >-ja™T JSfc*__J"*.^ _-(••...'->'" .fl-J. i'v»'-_iH >f^ ip^^_^ ;iiB _^T •1 >yr 2^ I HSEs-- lH J"V _^_v -\r^ J> *^M_f_T^ _^_^_^_^_^_S_- _4__i_^B ii^_^_^_HI~> Hitachi Transport Systems
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    • 219 6 An American Board of Hypnotherapy Certified Program Jjfjßj^B Harness the Power of ?mfi& "t HypnosisrAfo Come and Discover how you can become a Certified Hypnotherapist I |^i I Hypnotherapy can help you: Urn Design mt D^avJt Break Out from your comfort zone and phobias Dr. Bitty Kueek with the power
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  • Page 7 Advertisements
    • 384 7 Dell" recommends Windows Vista® Business M \w/ a U Ii I Centrinogj WE SUPPORT YOU- m 1 AND YOUR HARDWAR I At Dell", we understand the pressures you face when it comes to managing technology and your organisation. After all, we started out as a small business too. Which is
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  • WORLD
    • 405 8 AGENCIES SRI LANKA CONFLICT Safety of some 250,000 Tamil civilians trapped in the war zone is at stake CHENNAI India's large Tamil population is demanding that New Delhi ensure the safety of 250,000 of their brethren boxed into the battle zone in Sri Lanka's
      AGENCIES; AFP^H  -  405 words
    • 275 8 AGENCIES BAGHDAD Just over half of Iraq's voters turned out for the country's provincial elections, officials said yesterday, after what was being hailed as a milestone for the future of the war-torn nation. The 51 per cent turnout figure was lower than expected, a result
      AGENCIES  -  275 words
    • EYE ON ASIA
      • 130 10 AP A 21-year-old woman in China has been infected by the HSNI strain of bird flu in the country's eighth reported case of the disease this year, the Health Ministry said, as Hong Kong reported three birds had died of bird flu. The woman,
        AP  -  130 words
      • 124 10 THE MALAYSIAN INSIDER Perak was thrown into a state of confusion yesterday after one of two missing opposition state legislators denied resigning, hours after the state legislative speaker declared their seats vacant. Mr Jamaluddin Mat Radzi said his "resignation letter" was an undated document he
        THE MALAYSIAN INSIDER  -  124 words
      • 103 10 THE MALAYSIAN INSIDER About 500,000 Malaysians holding valid international passports have been banned from travelling overseas by the Immigration Department. Department Director-General Mahmood Adam said these people either have not paid their income tax or are involved in criminal cases, bankruptcies, commercial conflicts, divorces or
        THE MALAYSIAN INSIDER  -  103 words
    • 288 10 THE MALAYSIAN INSIDER RELIGIOUS DISPUTE The word is the preserve of Muslims: Home Ministry KUALA LUMPUR Two Malaysian Cabinet members are clashing over the use of the word "Allah" by the Catholic Herald, a weekly publication with a circulation of 14,000. Their disagreement is
      THE MALAYSIAN INSIDER  -  288 words
    • 166 10 KUALA LUMPUR There is growing protest against the use of English to teach Science and Mathematics in Malaysian schools, with supporters from political parties, non-govern-mental organisations and school associations joining in the fray. The Movement for the Abolition of Teaching and Learning
      166 words
    • GLOBAL LATEST
      • 101 12 AP Israeli Prime Minister Ehud Olmert threatened "harsh and disproportionate" retaliation after Gaza militants fired at least 10 rockets and mortar shells into southern Israel yesterday, wounding three and raising the risk of fresh violence. Hamas has not taken responsibility for the new attacks,
        AP  -  101 words
      • 88 12 AFP Four hostages were freed by Colombian guerrillas yesterday and have arrived in Villavicencio, gokm from Bogota, the International Committee of the Red Cross said. The release was almost aborted by Colombian military operations in the area where the hostages were to be freed. Captured by
        AFP  -  88 words
      • 95 12 AFP Five pro-Tibet protesters were arrested yesterday after they tried to charge towards Chinese Premier Wen Jiabao's motorcade as he visited the Chinese Embassy in London, the police said. The demonstrators were grabbed by the police after they leapt over security barriers and tried to run towards
        AFP  -  95 words
      • 100 12 AFP The thriller Taken, starring Liam Neeson as a former spy working to rescue his kidnapped daughter, snatched an early North American box office lead at the weekend, Exhibitor Relations said yesterday. The feature by French director Pierre Morel secured U5524.6 million ($37 million) in nearly
        AFP  -  100 words
    • 326 12 AFP AFTERNOON LATEST Victims were collecting spilled petrol when fire broke out MOLO (Kenya)-At least 111 people including many women and children died in Kenya when an overturned petrol tanker exploded as people swarmed over it to scoop up leaking fuel in one of the
      AFP; AFP ■  -  326 words
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  • Page 8 Miscellaneous

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    • 96 9 II Iff Along his journey in pursuing three Master's degrees and a PhD, Dr Kua FPV^V IW took on roles as mentor and professor at NUS and broke records as a rtSlssl I^U U triathlete. His passion for research, teaching and alma mater, as well as V^ySv National university his
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  • Page 10 Advertisements
    • 187 10 A member of Academy ■mmimi r Discover the benefits of small group learning at PSB Academy At PSB Academy, we believe that students thrive best in smaller study groups where they have ample opportunities to engage in in-depth discussions. Smaller class sizes also mean more personal attention from our experienced
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  • Page 12 Advertisements
    • 383 12 S| J^^ f SINGAPORE M I VVS I WORKFORCE SKILLS g QUALIFICATIONS SINGAPORE INSTITUTE OF RETAIL STUDIES Workforce Skills Qualifications (WSQ) Diploma in Retail Management Are you ready to join a Dynamic and Vibrant Workforce? To take advantage of these opportunities, you need to change your mindsets, and be ready
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    • 106 12 Key advantages of Hult's Global MBA: Ranked the 16th best business school in the U.S. and the Distinguished faculty with real-life experience running and 31 st best in the world growing business Ranked the Ist in the world for post graduation salary increase Highly diverse and experienced student body—over 60
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    • 231 13 Expert Help Gave Us Perfect Skin Results! a^^ 1 1 MMm aBmW H_W I MBmM -^^^si Bj vU I. fttf CASE 1 Problem: CASE 2 I I Ath 1 Severe Pimples 1 1 Problem: Naiareer^r^ Homemaker Skin H WU *Zl aelT Z bUffinQ UP my b0d^^°^| n^suffered due to prolonged
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  • voices
    • 414 14  -  Joanna Hughes STRAY CATS/DOGS It's better for cats' health, reduces aggressiveness and eradicates need to cull Letter from I REFER to "No easy solution for strays" Qan3o). I was at first enheartened that the AVA had finally come to recognise the importance of sterilisation. But the
      414 words
    • 194 15  -  Ms Winnie Tan DChan I am a cat caregiver in Ang Mo Kio North. I have spent thousands of dollars spaying street cats and sending them to vets for medical treatment. Some are badly abused and injured by vehicles. If there are complaints, I will remove the
      194 words
    • 331 15  -  DrTanChekWee Letter from I REFER to "No easy solution for strays" (Jan 30). The AVA's stand is "It is a fact that stray cats, including sterilised ones, create numerous disamenities to the public, ranging from nuisance to hygiene concerns, even physical threat". The
      331 words
    • 208 15  -  DRJAMES DOBSON BY PARE PARENTAL BURNOUT I talk to a number of mothers, especially those with younger kids, who feel like they're suffering from burnout If they have to do one more load of laundry, or tie one more shoelace, they'll just explode! This problem of
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    • 87 14 t LETTERSTOTHE EDITOR I Send your letters to voices@mediacorp.com.sg I Letters and extracts may appear I online, on air and in print. i^NANYANG S AS? TECHNOLOGICAL university Wee Kirn Wee School of Communication and Information Master's Programmes by Coursework "ic^^ MSc in Information Studies MSc in Information Systems MSc in
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    • 113 14 s^/a MILLION III Hong Bao Draw 2009 I Draw on Fri, 6 Feb, 9.30pm Sales Start Today at 6.10pm at all Singapore Pools Outlets. Visit us at these roadshows! Play the SPOT THE 6 GOLDEN OXEN Game and receive a gift. From 2-6 Feb at: Raffles Xchange 8.30am to 7pm
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    • 86 15 HAVE YOUR SAY. voices@mediacorp.com.sg W Double A big thanks p/?OMor/oivT"^^^^BB m Congratulations to our weekly draw winners who won SGD 1,000 V|H f m worth of Shopping Vouchers! i Jr;' And to SUSAN YAP our Grand Prize fPBI winner who won SGD 10,000 cash!! I JB^^P tflHvi Promotion ended 28th
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  • Page 16 Advertisements
    • 53 16 A child who shies away from I speaking up in class needs you to encourage him so that he I overcomes his fears bit by bit and 1 feels like he can truly participate. 1 «ii^^ v\^ r■ i I You'd be amazed at the difference you can make apply
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  • Page 17 Advertisements
    • 38 17 i? A child who is eager to answer questions needs you to motivate her such that her infectious enthusiasm rubs off on her fellow classmates for fa-sEsss^^-.^ a lively learning environment. H H'/oH HOI Ministry of Education SINGAPORE
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  • plus
    • 915 18  -  MAY SEAH OLD TV Like wine and cheese, these oldies on cable TV get better with age may@mediacorp.com.sg HAVE you caught yourself wistfully spouting lines like: "They don't make things like they used to", and asking yourself why there are no more interesting shows on television, unlike your
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    • 543 20  -  MAYSEAH SCI-FITV Actress Amanda Tapping and producer Martin Wood talk about their green-screened haven may@mediacorp.com.sg YOU know all those monsters hiding in your closet and under your bed when you were a kid? Guess what, they're not figments of your imagination after all they're real. At least,
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    • PLUS ROUNDUP
      • 72 21 After Berlin, Bangkok and London, Singapore artist Manjeet Shergill returns to the Asian art scene with her first solo show, which she describes as "light and colour, shape and shade". Eyetouch is "decoration and disguise, faith and fantasy. It is darkness too, and tears everything except blindness". It runs
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      • 50 21 Four Singaporean bands celebrate the music of UKsynthpop band Depeche Mode like you've never heard it before. Featuring reggae band Bushmen, hip-hop artiste Freaky Z, veteran hardcore band 4sides and The Karl Maka. Feb ig, Bpm at the Esplanade Recital Studio. Tickets: $28 from Sistic.
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      • 107 21 Those hankering after Pinoy music should head on down to Fort Canning Park on Mar 1, where the first International Pinoy Music Festival will be held. As part of the one-year anniversary celebration of Pinoy Sunday (a weekly music event), this Woodstock-like event will see a total of
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    • 219 21 THEDAILYTELEGRAPH THE BBC will put all 200,000 pub-licly-owned paintings online so they can be enjoyed by everyone, under plans announced by direc-tor-general Mark Thompson. A partnership with the Public Catalogue Foundation charity will see the paintings 80 per cent of which are not currently
      THEDAILYTELEGRAPH  -  219 words
  • Page 18 Advertisements
    • 166 18 Healthy Male Female Participants Needed! Pfizer Clinical Research Unit (PCRU) needs healthy participants for a scientific study involving a marketed antibiotic used to treat infections. Purpose: To establish the relationship between the concentrations of the antibiotic and heart activity. Trie safety and tolerabilityof the antibiotic is also being assessed at
      166 words

  • Page 19 Advertisements
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  • Page 21 Miscellaneous

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  • Page 22 Miscellaneous
    • 154 22 ON MEDIACORP MEGA MONDAY MOVIE The Medallion Channel 5, 7.30pm Hong Kong cop Eddie turns into an immortal warrior with superhuman powers after an accident involving a powerful medallion. With the help of Interpol agent Nicole, they face down the evil Snakehead who wants to use its magical powers for
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    • 751 22 TV LISTINGS CHANNEL jjf S.ooAM Entertainment Tonight 5.00 The Ellen DeGeneres Show VI Losing My Mind 5.30 Prime Time Morning 6.00 Entertainment Tonight I.OOAM Entertainment Tonight 9.30 The Ellen DeGeneres Show VI 5.30 Amazing Animal Videos 111 1.30 SamanthaWho? 10.30 The Martha Stewart Show II 7.00 Whacked Out Sports The
      751 words
    • 93 22 ON MEDIACORP TIESTHATBIND Channel News Asia, 7.30pm, j A peek into the Peranakan wedding culture reveals the eclectic mix of their Chinese beginnings and the world they came into. Our journey begins with a trip to model/DJ Vivien Tan's hometown, Malacca, where we trace her grandmother's wedding garment and explore
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  • sports
    • 386 23 AFP TAMPA (Florida) Olympic swimmer Michael Phelps admitted yesterday that he had engaged in "regrettable" behaviour and "demonstrated bad judgment" after a photograph was published that appeared to show him smoking cannabis. A British newspaper, the News of the World,
      AFP; GETTY IMAGES  -  386 words
    • 498 23 AGENCIES GAME, SET AND MATCH World No 1 in stunning form as he dumps Federer yet again in a thrilling final Tennis Australian Open MELBOURNE Rafael Nadal reduced Roger Federer to tears yesterday as the Spanish superman denied the dream of the Swiss maestro with a 7-5,
      AGENCIES; GETTY IMAGES  -  498 words
    • 606 24 DPA ENGLISH FOOTBALL Liverpool's fortunes change after Lampard sent off English Premiership Liverpool 2 Chelsea o LIVERPOOL Fernando Torres (picture) scored twice in the closing minutes as Liverpool beat 10-man Chelsea 2-0 yesterday (this morning, Singapore time). The victory lifts Liverpool into second place in the
      DPA; GETTY IMAGES  -  606 words
    • 143 24 BLOOMBERG LIVERPOOL Members of the Kuwaiti AlKharafi family were guests of Liverpool's American co-owners at the Premier League game with Chelsea, following speculation they may try to buy the soccer club. Some British media reports have linked the Kuwaitis with a possible bid to buy
      BLOOMBERG  -  143 words
    • 143 24 AFP MANCHESTER Ireland goalkeeper Shay Given joined Manchester City yesterday after 12 years at Newcastle. The 32-year-old signed a four-year contract for an undisclosed fee. "We need the experience of a keeper like Shay," manager Mark Hughes said. "I am delighted that we have been
      AFP  -  143 words
    • 345 24 AFP LIVERPOOL —Luiz Felipe Scolari has insisted that referee Mike Riley was to blame for Chelsea's 2-0 defeat at Liverpool yesterday (this morning, Singapore time) after Frank Lampard was sent off for a foul on Xabi Alonso. A tight game swung Liverpool's way
      AFP  -  345 words
    • 588 25 Former Singapore sprint star U X Shyam won a silver in the men's loom at the 2001 SEA Games in Kuala Lumpur. Now retired, the 32-year-old feels the punishment meted out by the Triathlon Association of Singapore (TAS) on triathletes
      PHOTO COURTESY FACEBOOK.COM  -  588 words
    • 592 25  -  SHAMIR OSMAN LOCAL SPORTS Small turnout of Chinese and Indian boys at FAS trials a worry shamir@mediacorp.com.sg THE Football Association of Singapore (FAS) conducted their first junior centre of excellence trials over the weekend. The pilot project, a brainchild of FAS technical director Slobodan
      SHAMIROSMAN  -  592 words

  • Page 24 Advertisements
    • 68 24 1 msu "■vSr^:i^ > Facilitated by Faculty from Malaysia I Singapore > Close systematic guidance in your thesis writing to ensure successful completing of your degree > Flexible time table without interrupting your career > Affordable fees w±as |> wwmg.^i^ißx^ I /Free seminar on 12 Feb'o9 (7:3opm) j Please call
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  • Page 25 Miscellaneous
    • 81 25 SPORTS ON TV TODAY 7am NFL Super Bowl XLIII: Steelers v Cardinals, Ch 22 117 TOMORROW Bam NHL St Louis Blues v Detroit Red Wings Ch 117 SPORTS ON RADIO 6.35am-11.35pm Sports Zone Minutes Hourly Sports updates live on gjBLive SPURTS BET INu WITH THE LEGAL BOOKMAKER E Cup Burnley
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  • succeed
    • 823 26 FEEDBACK MATTERS Knowing yourself gives you more confidence in your work, your career goals and your future ONE of the best career investments one can make is a commitment to self-awareness. When you understand your style, motivation, strengths, shortcomings, quirks and preferences, you are better
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  • Page 26 Advertisements
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    • 121 26 7TT ANNAMALAI S^N ISO9OOI HMH INTERNATIONAL >{$jtVi UNIVERSITY ■SSpafcl CERTIFICATION TJI^W EDUCATION CONSULTANTS Annamalai University, India Quality And Student-friendly Distance Learning Programmes are on offer in SINGAPORE Contact seminars Examinations in SPORE Successful completion of 8 years in SPORE AMMAMA I Al Member of Association of Commonwealth Universities MNNMIVIMLMI Member
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  • Page 27 Advertisements
    • 85 27 ill lie ii 2-27 February 2009 awmmmt '""*< "bjjjJJI Bftft~»aa_t_-_« 4 4^/ftftf JftBF BBBBBBBBaaaaaaaa.a---._-_ 1-3-^-1 fff Aft I ft ftft_^^^__^__"ftft| I -«BSB I a— WbSSS^ w //>ftasaft,_______ T**»a-Vf*#f#f####fff«» _^saaT^*Wr^T_^^w"^ar^aV _^_^_H-i--_>_-_a--a_---_a_^_^_^*VP^ _^_^B -ft Skoda Roomster 1.6L S$58,8881 2nd Prize MSC Fantasia 10 day Mediterranean Fly Cruise for 2 £$17^00* Tune in
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  • BUSINESS
    • 518 28 AGENCIES MONETARY POLICY Asean Sec-Gen calls on China to be 'considerate' DAVOS (Switzerland) Concerns among some countries that the Chinese yuan is "a bit undervalued" are justified, said Mr Surin Pitsuwan, the Secretary-General of the Association of South-east Asian Nations (Asean). "In the last round of crisis,
      AGENCIES  -  518 words
    • 211 28 DOWJONES CHINESE Premier Wen Jiabao said on Saturday the "sound operations" of China's domestic banking industry have allowed Beijing to focus its stimulus plan on boosting the real economy, the China News Service reported. That is in contrast to some Western countries, where governments have
      DOWJONES  -  211 words
    • 332 29 AFP M'SIA AVIATION KUALA LUMPUR The Malaysian government has rejected an ambitious proposal by budget carrier Air Asia to build a US$46O-million ($BOO-million) airport outside the capital, according to an official familiar with the matter. Air Asia founder Tony Fernandes said last month that
      AFP  -  332 words
    • 76 29 AP LONDON British drug maker GlaxoSmithKline (GSK) will cut thousands of jobs when it announces full-year results this week, two newspapers reported yesterday. The Sunday Telegraph said up to 6,000 posts would be eliminated globally and The Observer said as many as 10,000 jobs
      AP  -  76 words
    • afternoon edition
      • STOCK CALLS
        • 56 30 56 cents Outperform Daiwa downgrades the trust from "buy" and trims target price to 74 cents from 75 cents. It says "ART has outperformed market over the past three months and no longer stands out on valuation grounds." It expects ART to be resilient, citing well-located assets,
          56 words
        • 73 30 INTERNATIONAL 28 cents I Buy Phillip Securities initiates coverage on the China-based water treatment firm with a 44-cents target price. It says Epure should be boosted by rising demand in China and government investment in water and sewerage projects. "Given Epure's strong industry track record and its technological know-how
          73 words
        • 56 30 ($1.05) I Buy OCBC Investment Research maintains its rating for Noble but cuts target price to $1.58 from $1.83 to reflect lower FY2009 earnings expectations. It reckons Noble's low gearing of 4 per cent after adjusting for marketable inventory will help it weather credit crunch and its ample cash
          56 words
        • 60 30 Thursday 1,766.72 A 0.04% Wednesday 1,766.08 A 4.80% Tuesday Closed Monday Closed Hang Seng 13,278.21 A 0.94% Nikkei 7,994-05 T 3.12% Shanghai 1,990.66 T 0.71% Seoul 1,162.11 T 0.38% Mumbai 9,424.24 A 2.04% KLComp 884.45 A 0.15% US$1 £1 1 euro A$i RMi $1,509 ¥100 $1,679 $2,196 HK$ioo
          60 words
      • 130 30 AFP Asia's auto industry will face a dramatic slowdown this year as global recession takes its toll. 'The industry is in crisis mode across the world,' said Ashvin Chotai, managing director of Intelligence Automotive Asia. 'I'm expecting about an 11.8-per-cent decline in 2009 in Asia
        AFP  -  130 words
      • 649 30 BLOOMBERG AFTERNOON LATEST After snub by House Republicans, Senate Democrats are vuneasy' about the package as well WASHINGTON Republican Senator Jon Kyi said support for the economic stimulus package is "eroding" among his colleagues and called for major changes in the US$Bl9 billion ($1.3
        BLOOMBERG  -  649 words
      • 223 30 AFP WASHINGTON The United Steelworkers union yesterday agreed to extend talks on a new contract for thousands of workers at United States refineries, averting a potential-ly-crippling strike for now. The labour contract for about 26,000 oil workers expired yesterday morning, and union leaders had threatened to
        AFP  -  223 words
      • 127 30 BLOOMBERG GOLD may rise for a third straight week on speculation that demand for an alterative to cash will spark purchases of the precious metal. Twenty-two of 31 traders, investors and analysts surveyed from Mumbai to Chicago advised buying gold, which rose 3.4 per cent
        BLOOMBERG  -  127 words
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    • 55 32 ?f KBSi|9 WT Si m\j 4^ PI mm PHBDBr«BfIP sjBBHHBy^»r^^^PWBI^B iHi M M I mm IF %v<- j Rsii^BMl^ m^ Today is published by MediaCorp Press Ltd, Caldecott Broadcast Centre, Annex Building, Level 1, Andrew Road, Singapore *****9 Tel: 6333 3888. Printed by KHL Printing Co Pte Ltd, 57, Loyang
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