The Business Times, 4 October 2007

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Microfilm: NL28543
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg IV A SINGAPORE PRESS HOLDINGS PUBLICATION ,1ICA(P) 202/12/2006 Thursday. October 4.2007
    22 words
  • Article, Illustration
    Lock icon Delifrance lands on a new plate for $75m
    620 1  -  CONRAD RAJ It's sold for massive loss to Lippo's Auric Pacific Group Paribas, Stamford Law Corporation and Ernst Young. Auric said the proposed acquisition was made on a willing-buyer willing-seller basis following a competitive bidding process. The Lippo group, which controls 49.28
    620 words
  • Article, Illustration
    Lock icon Skies open for SIA flights to Britain and beyond
    810 1  -  YEN SREENIVASAN Unfettered flying rights for Spore carriers include bases in UK, trans-Atlantic route [SINGAPORE] Singapore and the United Kingdom have inked a landmark Open Skies Agreement (OSA) which allows each other's carriers unrestricted rights to operate onward flights to any
    Ministry of Transport Artwork: Jacqueline Phua  -  810 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.456 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.88 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      45 1 KL COMP Wednesday Change 1,366.96 -1.76 NIKKEI 225 17,199.89 +153.11 HANG SENG 27,479.94 -719.81 SET INDEX 850.58 -2.85 JAKARTA COMP 2,451.59 -13.36 MANILA COMP 3,769.82 +92.63 SEOUL COMP Closed SHENZHENB Closed MUMBAI IND 17,847.04 +518.42 12N00N EDT Change 14,027.00 -20.16 DOW NASDAQ 2,***** -2.31
      45 words
    • Article
      Lock icon FOREX
      43 1 us$ s$ US$ (S$ )er US$) 1.481 (US$/S$ per 2.041 3.021 EURO(US$/S$/E) 1.418 2.099 YEN 116.00 78.40 RM 3.410 2.303 HK$ 7.760 5.241 BAHT 34.25 23.13 RUPIAH 9,120 6,160 RENMINBI 7.506 5.070 INDIAN RUPEE 39.82 26.89 A$ 1.127 0.761 NZ$ 1.317 0.890
      43 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      61 1 fTf PROPERTY APBCASE WkXXW' UM A FINANCIAL BizlT M_f v" Banyan Ttee to double Bank didn't pick up piBP"pH PARABLE Staff a bigger global assets by 2010 alarm bells: lawyer IlL*' Goldilocks in the house risk than hackers y PAGE 30 PAGE 2 Bb«^/(^J| of Bears' PAGE 18 PAGE 26
      61 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Mid-sized M&A deals to grow in emerging Asia
      656 2  -  MICHELLE QUAH China is region's market leader with 40% of such deals, followed by India [SINGAPORE] Interest rate worries and lending conserns could stem the surge in large-scale merger and acquisition (M&A) deals worldwide. But mid-size M&A deals are set to flourish
      Source: DeloitteAsia Pacific Mid-Market M&A  -  656 words
    • Article
      Lock icon Bank didn't pick up alarm bells: lawyer
      527 2  -  WEE LI-EN APB COURT CASE It didn't even notice that signatory was not a director, says APB counsel [SINGAPORE] On the face of it, it was a resolution by the board of Asia-Pacific Breweries (APB) that appeared to approve its opening an account
      527 words
    • Article, Illustration
      Lock icon Owners: missing pages are a minor defect
      592 2  -  MICHELLE QUAH HORIZON TOWERS SAGA Judge Choo to deliver judgment on appeal next week [SINGAPORE] Yesterday's penultimate Horizon Towers appeal session was a decidedly tamer affair. Still, Senior Counsel X Shanmugam of Allen Gledhill (A&G), acting for the Hotel Properties consortium, was not
      592 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Heavily-traded stock 'erased' from dealers' screens
        71 2 SHARES in a company which made its trading debut yesterday on Sesdaq temporarily vanished from the list of most heavily traded stocks on dealers' computer screens after its traded share volume crossed the one billion mark. The name of the company, Memstar Technology, also
        71 words
      • Article
        Lock icon Bio-Treat not suspending its shares from trading
        66 2 AS Bio-Treat Technology dismissed the idea of suspending its shares from trading yesterday, the new major shareholder remains a mystery even to the water-treatment company itself. Chief executive Dennis Chan said yesterday he has asked for details in writing of the major shareholder's
        66 words
      • Article
        Lock icon Warrants turnover expected to hit $25.6b this year
        97 2 BASED on figures for the first nine months, the ongoing interest in stocks should enable the warrants segment to post full-year turnover of $25.6 billion 80 per cent higher than last year. Describing this forecast as "conservative" at a press briefing yesterday,
        97 words
      • Article
        Lock icon StarHub to promote Mike Reynolds to president
        71 2 STARHUB will be promoting Mike Reynolds to president as part of a strategy to boost the management team to cope with increased competition which has led to slower growth. The second-largest listed telco here, Star Hub yesterday announced that Mr Reynolds, head of
        71 words
      • Article
        Lock icon CordLife to open new, bigger facility in Singapore
        71 2 HOMEGROWN tissue banking firm Cord Life is planning for a bigger facility, which will consolidate its administrative and laboratory operations under one roof. "Later this year, a new facility in Singapore will be opened, with enhanced storage capacity to meet growing demand,
        71 words
      • Article
        Lock icon Henderson Land to pay HK$43b for Towngas stake
        61 2 HENDERSON Land Development, the Hong Kong developer controlled by billionaire Lee Shau-kee, agreed to acquire Henderson Investment Ltd's biggest asset 39.06 per cent stake in Hong Kong China Gas, also known as Towngas for HK542.9 billion (SsB.lB billion) after failing in two
        61 words
      • Article
        Lock icon Banyan Tree to double global assets by 2010
        84 2 BANYAN Tree, a leading manager and developer of premium resorts, hotels, spas and galleries, is on an aggressive expansion push to more than double its global portfolio by 2010. Banyan Tree executive chairman Ho Kwon Ping said it is moving into new
        84 words
    • Article
      Lock icon SGX blip 'erases' heavily-traded counter from dealers' screens
      397 3  -  CONRAD TAN Memstar Technology goes missing in action after trading volume crosses 1 billion [SINGAPORE] Shares in a company which made its trading debut yesterday on Sesdaq temporarily vanished from the list of most heavily traded stocks on dealers' computer screens after
      397 words
    • Article, Illustration
      Lock icon We could've handled CDO disclosure better, says DBS
      524 3  -  SIOW LI SEN It hurt bank's effort to be transparent, says CFO [SINGAPORE] DBS Group Holdings said its efforts to be transparent had been hurt by the manner in which it went about disclosing its exposure to collaterised debt obligations (CDOs). A
      524 words
    • Article
      Lock icon Foreign investors may not get control in China brokerages
      454 3 Bloomberg New rules to cap foreign holding at 20%, say sources [HONG KONG/BEIJING] China may prevent foreign investors from taking control of domestic brokerages, a setback to Wall Street's ambitions to tap the world's fastest-growing stock market, people familiar with the
      Bloomberg  -  454 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      56 3 friSffi^i SI \janf f fSJ I Mfc-^J^ "t^l __L^_ 'I i i it ■MJHHK:' *ij;- *Mj~IW i k I m |SIEW BRIDGE RD I H"IH TANJONG PAGAR RD Pi IW*]k !WiT*! K7?n*l^wjTimiT?«[pMri*T*i»HT*TMr[*Till i i~"^^bb W M f ANSON RD j I I *^C W^A*V V SHEIMTDNWAY ESPLANADE DRIVE 1 I
      56 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI in 100-pt swing, ends 39 pts down
      605 4  -  R SIVANITHY STOCKS Market movements driven by volatility in Hang Seng Index; banks and Sing Tel fall A HUGELY volatile session yesterday ended with the Straits Times Index surrendering a 59-point advantage and closing a net 39.21 points lower at 3,754.62, thus
      Bloomberg  -  605 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 4 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 2 14 2 0 0 0 2 14 2 Manufacturing 33 148 45 26 15 39 174 60 Commerce 49 22 15 10 64 26 Tpt/Stor/Comms 30 33 Finance 20 21 Construction 14
      97 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 4 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 41,958 41,958 154,628 154,628 Manufacturing 1,059,247 128,2141,187,4611,022,083 38.729 1.060.812 Commerce 203,416 22,626 226,042 176,854 7,380 184,235 Tpt/Stor/Comms 127,883 4,200 132,083 415,691 3,352 419,043 Finance 72,843 119 72,962 862,715 16 862.731 Construction 256,177 97,979 354,156 111,593 13.757 125.350 Properties 128.581
      116 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      217 4 Allgreen 0.51 1.840 -0.140 Ascendasreit 0.87 2.630 -0.050 CapitaComm 0.52 2.790 -0.020 Capita Land 4.91 8.250 -0.050 CapitaMall 0.90 3.740 -0.020 Chart SemiCond 0.49 1.010 -0.070 CityDev 2.86 16.300 -0.600 ComfortDelGro 1.25 1.940 Cosco Corp 1.99 6.600 -0.100 Creative Tech 0.14 6.250 -0.050 DBS Grp 9.09
      217 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      935 4  -  MATTHEW PHAN Olam International Oct 3 close: 553.10 Macquarie Research, Oct 3 EVENT: Olam has announced the acquisition of Indonesian sugar refiner PT Dharmapala Usaha Sukses (PT DUS) for US$l2.6 million. Impact: Olam is increasing its exposure to processing assets. Strategic ownership of key processing assets should help
      Bloomberg  -  935 words
    • Article, Illustration
      Lock icon Respite for US dollar ahead of US jobs
      513 4  -  LARRY WEE I CURRENCIES PROFIT TAKING and central bank intervention fears helped the besieged US dollar make a small comeback yesterday, but the outlook for the currency remains clouded, to say the least. JP Morgan researchers warned: "While investor caution could persist
      Reuters  -  513 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 4
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      47 4 Oct 3 VALUE CLOSE 592.00-613.00 BT OB/OS BT CADI -*****.00-362.00 BT 10-day MA -*****.00 +59.00 All-SG Equities 1030.97 -13.36 SG Equities Elect 124.36 -0.82 SG Equities Fin 2638.66 -9.86 SG Equities Prop 1624.61 -26.31 SIMSCI 461.24 -4.78 SIMSCI Futures 463.30 -3.10 PrimePartnersCI 298.50 -11.40
      47 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 4 VOLUME Memstar 1,040,703,000 Sinostar 316,727,000 El-Nets 177,490,000 Lian Benq 69,147,000 Sapphire 59,828,000 SGXMBLeCWOBO3OS 51,962,000 Mediaßinq 48,515,000 Yonqnam 44,463,000 Gen Intl 42,564,000 Fuxinq 40,426,000 VALUE(S) DBS Grp 304,440,023 SGX 270,583,800 Sinostar 262,839,210 Capita Land 170,737,970 UOB 138,974,073 SingTel 128,618,060 OCBC Bk 111,771,450 Keppel Corp 91,958,660 Cosco Corp 88,830,700
      55 words
    • Article
      Lock icon RISES
      101 4 CLOSE UP Omei laNav 3000 200.0 7.1 SembMar DBeCW*****5 358 100.0 38.8 SGX 1520 80.0 5.6 SembMar DBeCW/*****0 141 74.5 112.0 SGXDBeCW*****0 71 49.5 230.2 B Sembawani 1230 40.0 3.4 SIA 10 1900 40.0 2.2 BukitSemW*****3 820 35.0 4.5 SGXMBLeCW*****4 120 31.5 35.6 SGX SGA eCW*****6 179 31.0 20.9
      101 words
    • Article
      Lock icon FALLS
      121 4 CLOSE DOWN GLD 10US$ 7260 355.2 3.2 China H 10US$ 2200 192.4 5.6 Jardine C&C 1790 80.0 4.3 :it 1630 60.0 3.6 DBS Bk6% NCPS 10 ***** 60.0 0.5 HK Land 438 35.5 5.2 Asia Pac Brew 1370 30.0 2.1 DBS Gri 2220 30.0 1.3 iemb Cor| Ind 645
      121 words
    • Article
      Lock icon CURRENCIES
      85 4 Where S$ stands Oct 3 CHNG CLOSE FR Oct 2 YR 2007 S$ LOW S$ HIGH USS 1.4803 0.22 1.5479 1.4728 Euro 2.0983 0.25 2.1254 1.9913 Pounds 3.0155 0.29 3.1194 2.9323 AS 1.3155 -0.17 1.3411 1.1741 Yen* 1.2749 0.63 1.3821 1.2285 Rui liah* 0.***** 0.44 0.***** 0.***** Baht* 4.3246
      85 words
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  • COMPANY NEWS
    • Article
      Lock icon Bio-Treat not suspending its shares
      760 5  -  CONRAD TAN Identity of new major shareholder remains a mystery; CEO to meet with its reps next week AS Bio-Treat Technology dismissed the idea of suspending its shares from trading yesterday, the new major shareholder remains a mystery even to the water-treatment company itself. Chief
      760 words
    • Article, Illustration
      Lock icon Warrants set to hit $25.6 billion turnover in 2007
      530 6  -  R SIVANITHY January-September figure at $18.3b or 28% above full-year *****: SG Securities BASED on figures for the first nine months, the ongoing interest in stocks should enable the warrants segment to post full-year turnover of $25.6 billion 80 per cent
      FILE PHOTO  -  530 words
    • Article
      Lock icon Warrants – the local market's major success story
      646 6  - Warrants the local market's major success story R SIVANITHY THEY said it couldn't be done, that the Singapore market was too small and lacked sufficient volatility to support a thriving warrants market, and that the average investor here was too unsophisticated to properly understand the nuances of warrant trading. Twelve
      646 words
    • Article, Illustration
      Lock icon Capita Land CEO targets one new Raffles City a year
      387 6  -  ARTHUR SIM The company also aims to manage 10 Reits eventually CAPITALAND group president and CEO Liew Mun Leong yesterday set the company the target of developing at least one new Raffles City every year. Mr Liew, who was briefing
      387 words
    • Article, Illustration
      Lock icon Target Asset Mgt favours banks, shuns technology
      554 6 Defensive portfolio maintained, wary of China correction risk SINGAPORE'S Target Asset Management, whose flagship Asia fund has beaten the broader market in nine of the last 10 years, is finding some of its favourite stocks in Asia's banking sector, its chief executive told
      FILE PHOTO  -  554 words
    • Article
      Lock icon IB Asia gets licence to set up Bahrain office
      283 6 THE Islamic Bank of Asia (IB Asia), a subsidiary of DBS Bank, has received a banking licence from the Central Bank of Bahrain to set up a representative office in the Gulf state. The representative office, IB Asia's first in the
      283 words
    • Article, Illustration
      Lock icon Star Hub to promote Mike Reynolds to president
      350 7  -  SIOW LI SEN He will be directly responsible for execution of telco's operational plans STARHUB will be promoting Mike Reynolds to president as part of a strategy to boost the management team to cope with increased competition which has led to slower
      350 words
    • Article
      Lock icon Chemoil to build terminal in Panama
      182 7  -  MATTHEW PHAN MARINE fuel supplier Chemoil plans to build a storage terminal in the bunkering hub of Cristobal, Panama. The terminal will have a total capacity of 245,000 tonnes, or 1.56 million barrels, up from Chemoil's current leased capacity of 65,000 tonnes. The new
      182 words
    • COMPANY BRIEFS
      • Article
        Lock icon Addvalue signs MOU on $4.8m deal
        40 7 A.DDVALUE Technologies said its wholly owned subsidiary, Addvalue Communications, has inked a memorandum of understanding (MOU) with its European master distributor Satlink to design and supply Fleetßroadband 250 BGAN maritime terminals for $4.8 million.
        40 words
      • Article
        Lock icon Pan Hong's China project well-received
        39 7 PAN Hong Property Group said it has achieved a 99 per cent take-up rate for residential units launched under Phase 1 of Honggu Kaixuan, its mixed property development project in Nanchang, Jiangxi Province, China.
        39 words
      • Article
        Lock icon Medtecs to place out 69.8m new shares
        54 7 MEDTECS International Corporation said it has agreed to place out 69.8 million new shares at 14 cents each to 14 placees. The new shares represent about 16 per cent of the enlarged issued share capital. Net proceeds of about $9.8 million will be
        54 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      381 5 O M #01-03/04 NGEE ANN CITY Tel: 6735 0233 L£ 03-02 04 NGEE AMI -TIT, T I 0.737 2552 L^J l/^ #01-10 PARAGON Te1:*****880 DFS Scottswalk Level 2 Tel: 6733 3313 HUGO BOSS The American Express® Singapore Airlines KrisFlyer Gold Credit Card has always been the JC^S fastest way to
      381 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      120 6 The global name in CFDs CFDs are a flexible and cost-efficient way to trade on Singapore and international shares, f CC\ A2QQ 511 ft II Go long or short of shares on margin, putting up a fraction of the full contract value. sharecFD, Fx&.ndkes igmarkets.com.sg m Guaranteed market prices, and
      120 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon CordLife to open new, bigger facility in Singapore
      561 8  -  CHEN HUIFEN The new Buona Vista site could save the firm $250,000 a year in rental costs HOMEGROWN tissue banking firm Cord Life is planning for a bigger facility, which will consolidate its administrative and laboratory operations under one roof. "This year,
      FILE PHOTO  -  561 words
    • Article
      Lock icon Goods vehicle COE premium soars, cars dip
      261 8  -  SAMUEL EE THE COE premiums for goods vehicles and buses jumped 33 per cent after the number of certificates of entitlement (COE) for this category was reduced following the mid-quota year review. Category C rose $3,488 to $13,989 in yesterday's tender following the
      261 words
    • Article
      Lock icon Buy S$ options on inflation threat: JPMorgan
      383 8 Bloomberg INVESTORS should buy caU options on the Singapore dollar as the central bank will probably decide next week to seek a stronger currency to cool inflation, JPMorgan Chase Co says. The Monetary Authority of Singapore (MAS) may keep a policy of targeting
      – Bloomberg  -  383 words
    • Article
      Lock icon S'pore-Qatar tax agreement kicks in tomorrow
      261 8 AN agreement between Singapore and Qatar on avoidance of double taxation and prevention of fiscal evasion comes into force tomorrow. Under the pact, the withholding tax rate on dividends will be zero per cent. In addition, for dividends received by a Singapore resident company
      261 words
    • Article, Illustration
      Lock icon Grand opening for Western Union branch
      337 8  -  ARTHUR LEE WESTERN Union yesterday officially opened its largest store in the world, at Lucky Plaza. The money transfer company's president and CEO, Christina Gold, did the honours. The centre, which features 28 counters, first started in 2002. It opens every day until 7pm,
      ARTHUR LEE  -  337 words
    • Article
      Lock icon Schroders buys CBA's S'pore private client business
      327 9  -  GENEVIEVE CUA It will pay US$l Om for Aussie bank unit in bid to expand in Asian wealth SCHRODERS has acquired the Singapore private client business of Commonwealth Bank of Australia (CBA), a move that is expected to spearhead the UK-based group's private
      327 words
    • Article, Illustration
      Lock icon A tree more delicate than a flower at ARTSingapore 2007
      169 9  -  YEN MENG JIIN THIS exquisite and delicate installation is made of 20 miniature tree sculptures which are paper-thin and hand-etched, capturing the signature theme of internationally acclaimed British-Israeli sculptor Zadok Ben-David man's delicate relationship with his environment. The title of
      YEN MENG JIIN  -  169 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      595 8 I QQ LottVision (Incorporated in Bermuda) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING ("SGM") of LottVision Limited (the "Company") will be convened on 18 October 2007 at 10.00 a.m. at Meritus Mandarin, Meeting Suite 832, Level 8, South Tower, 333 Orchard Road, Singapore
      595 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      350 9 -J. harman/kardoiT T I Designed to Entertain" J -f- A Jj SURROUND YOURSELF f" WITH EXCELLENCE. I pro duct 1 award J^P H iß^b^. 2007 rrl'fl 360° Entertainment. Harman Kardon Digital Lounge Our latest system can do a lot more than just win design awards. The Harman Kardon Digital Lounge
      350 words
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      Lock icon Page 9 Advertisements Column 2
      933 9 MSI Hfi T Jljl iMT/f 11 w bTvbs b^|i_bl-Bl.L?J_bl b^b. b\^^b^_bb Don't wait till it breaks and lose sleep over it. To rest well, you need a secure infrastructure. Like sleep, the security of your IT systems will be twice as cherished when you lose it, and probably thrice as
      933 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Local IDM firms eye US market
      841 10 jetting a toe-hold in the world's largest nteractive digital media market is crucial or success, reports CHUANG PECK MING W HEN the Ten m Commandments makes its appearance in animation form in cinemas some time this month, movie goers may notice in the credits
      FILE PHOTO  -  841 words
    • Article, Illustration
      Lock icon Peach Blossom keen to widen audience
      616 10 PEACH Blossom Media has sold animated shows to Disney, Nickelodeon, Warner Brothers, Spike TV, NBC and Discovery in the United States. One of its productions was even nominated for this year's Emmy Awards. So it looks like Peach Blossom has arrived in the US,
      FILE PHOTO  -  616 words
    • Article, Illustration
      Lock icon Boomzap zeroes in on women
      626 10 BOOMZAP is a Singa-pore-based animation game company with a difference. It makes games targeted mainly at women and customers over 25 years old unlike regular "gamers" who aim at kids and teenagers. But regardless of men or women, young or old, the biggest market for
      626 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      188 10 seminar series: Exploring Emerging Cities of China Chengdu and Nanjing 1 11 B^k A one-day seminar exploring market opportunities in emerging cities of Chengdu and Nanjing and providing practical advice on doing business in China Key Highlights: Learn about the opportunities available in emerging cities of Chengdu and Nanjing Dgte:
      188 words
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      Lock icon Page 10 Advertisements Column 2
      47 10 |2J ;=r Ai The Business Times I SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com
      47 words
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  • ECONOMY WATCH
    • Article
      Lock icon Emerging-market gains replace US housing, mortgage woes
      823 11 -Reuters Investors flock to Asia and developing countries in wake of Fed's recent rate cut [LONDON] The bursting of US housing and mortgage market bubbles has suddenly been replaced by emerging markets inflating, and world equities have got pumped up into the bargain.
      -Reuters  -  823 words
    • Article
      Lock icon Malaysia's credit rating hindered by debt: Moody's
      183 11 Bloomberg [KUALA LUMPUR] Malaysia's credit rating, unchanged since 2004, may be restrained by government debt as the country prepares to post its 1 Oth straight budget deficit this year, Moody's Investors Service said. Malaysia's government plans to spend more than it earns this
      Bloomberg  -  183 words
    • Article
      Lock icon Bernanke's calls during credit crisis revealed
      481 11 Bloomberg [NEW YORK] The Federal Reserve's Aug 7 decision to keep interest rates unchanged set off a chain of high-level discussions with Wall Street executives, money managers and cabinet officials that culminated in chairman Ben S Bernanke's public about-face 10 days later, according to
      – Bloomberg  -  481 words
    • Article, Illustration
      Lock icon Yuan policy puts China at risk: Greenspan
      288 11 Bloomberg [LONDON] Former Federal Reserve chairman Alan Greenspan said China's policy on the yuan risks putting the stability of the country's economy in jeopardy. "Unless the Chinese allow the exchange rate to go up, I'm worried about the stability of the economic system,
      – Bloomberg; BLOOMBERG  -  288 words
    • Article, Illustration
      Lock icon The economic case for the thinning of 'fat' America
      469 11 -LAT-WP Prevention of obesity and related diseases would save billions [LOS ANGELES] The rapid rise in preventable chronic diseases such as obesity and heart disease over the past 20 years is hurting US economic productivity, escalating treatment costs and causing unnecessary
      -LAT-WP; AFP  -  469 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      161 11 SAVE TAX 1 Our qualified professionals WJmJ ■p^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^WK^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^W^^^^^^^r^^^^^^^^^BT"^^^^^^ can assist you with offshore -^SlvJl Ik www.tradershotels.com structures, shelf companies jfl and incorporations in ALL I #"11 jurisdictions including: jjyjL^Sf EsH I British Virgin Islands TRADERS HOTELS Cayman Islands Byshangri-La Bahamas i^l Seychelles I Hongkong In (Cua/a Uuivipi/^ bcJroro tjou he-ad
      161 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon M'sian, Middle East banks plan green fund
      206 12 -AFP KUALA LUMPUR] Malaysia's Amanahßaya Investment Bank said yesterday ;hat it will team up with \sian Finance Bank to aunch an Islamic green ?und to tap the multi-trillion iollar syariah-compliant narket. The RMI billion *****.8 million) green ?und will invest in environmentally friendly
      -AFP  -  206 words
    • Article, Illustration
      Lock icon Syed Mokhtar to sell water assets: report
      408 12 Selling price for Johor concessions said to be triple their book value [JOHOR BARU] Syed Mokhtar Al Bukhary plans to sell his water concessions in Johor at almost triple their book value, based on a state-led plan to group water assets under one
      408 words
    • Article
      Lock icon CIMB eyes bigger share of ACL Bank
      230 12 -AFP [KUALA LUMPUR] Malaysia's investment bank CIMB is keen to acquire a larger chunk of Thailand's ACL Bank if it succeeds in buying the 19.26 per cent stake currently up for grabs, state media reported yesterday. "We are not financial investors, we are
      -AFP  -  230 words
    • Article, Illustration
      Lock icon Limited prospects for Telekom spinoff: analysts
      518 12 Reuters [KUALA LUMPUR] State-controlled Telekom Malaysia has spun off its sluggish fixed-line business, but may promise more than it can deliver to potential stakeholders such as Britain's Vodafone Group Pic. Telekom says a number of foreign telecoms and private equity firms have courted it,
      Reuters; BLOOMBERG  -  518 words
    • Article
      Lock icon BURSA MALAYSIA
      2383 12 let 3 )ct3 RM A8.M Realty 0.95 \bric Bhd 0.28 advance Synergy 0.33 Adventa Bhd 1.60 Ae Multi Hldgs 0.29 Affin Holdings 2.56 Ahmad Zaki Resou 4.98 Aic Corp 0.56 \irasia Bhd 1.90 Akn Messaging Te 0.19 Akn Technology 0.84 alliance Financi 3.14 aluminium Co 1.27 Amalgamated Ind
      2,383 words
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  • INDIA
    • Article
      Lock icon Stocks in India surge 12% in 10 days
      392 13  -  SIDDHARTH SRIVASTAVA Market barometer nears record high on inflow of foreign institutional funds in New Delhi THE surge in Indian stocks has propelled the benchmark 30-share Bombay Stock Exchange (BSE) Sensex close to an unprecedented 18,000 mark, gaining over 12 per cent
      392 words
    • Article, Illustration
      Lock icon DLF, Dubai World to develop US$15b township
      438 13 Bloomberg [BANGALORE] DLF Ltd, India's largest real estate developer by value, and Dubai World will develop a US$l5 billion township near Bangalore. DLF, controlled by billionaire Kushal Pal Singh, rose as much as 16 per cent, the most since the stock started trading
      Bloomberg  -  438 words
  • Page 13 Advertisements
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      31 13 Best Denki «9060 exclusively Q" H ever more 1W 2 ads »n 1 to Radio9l.3FM > W for your chance to WIN 10 $913 Best Denki Gift Cards on October 18. www.radio9l3.com
      31 words
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      Lock icon Page 13 Advertisements Column 2
      597 13 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff
      597 words
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  • GREATER CHINA
    • Article
      Lock icon Henderson Land to pay HKs43b for Towngas stake
      511 14 Bloomberg The price is more than Henderson Investment's market value of HKs39.3b [HONG KONG] Henderson Land Development Co, the Hong Kong developer controlled by billionaire Lee Shau-kee, agreed to acquire Henderson Investment Ltd's biggest asset after failing in two attempts to buy
      Bloomberg  -  511 words
    • Article
      Lock icon Tycoon fails in bid to take over China Oriental
      362 14 Bloomberg Second offer worth HKsB.37b doesn't lure enough backers [HONG KONG] Chen Ningning, one of China's wealthiest women and the sec-ond-biggest shareholder of China Oriental Group Co, failed to take control of the steelmaker after her offer didn't attract enough support.
      Bloomberg  -  362 words
    • Article, Illustration
      Lock icon Record prices seen for Chinese artists' works
      629 14 Reuters, Bloomberg [BEIJING] Prices for works by contemporary Chinese artists are likely to set a new record at auction this month, as the booming mainland art market shows no sign of slowing despite fears of a bubble and rampant fakes. Experts from Sotheby's
      Reuters, Bloomberg; BLOOMBERG  -  629 words
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      Lock icon Page 14 Advertisements Column 1
      1120 14 NOBEL NOBEL DESIGN HOLDINGS LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****4591E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Nobel Design House, 134 Joo Seng Road, Singapore *****9 on 29 October 2007 at
      1,120 words
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      Lock icon Page 14 Advertisements Column 2
      62 14 All 50% off (U.SI 4 Weeks Only) Selected wallets, purses, agenda, briefcases, computer bags, suit bags, attache cases, clutch bags, travel bags, cabin trolleys E22£Sm*2S9 luggage from: HSKttSlaipUStjSpi Goldpfeil, Offermann, Mercedes ■j^gQ^ffiJßH Benz, Porsche Design Rimowa the LUGGAGE shop HH3h #01-78MilleniaWalk Business Hours: 10.30 am 9.30pm the Lugsase shop is
      62 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Qatar considering bid for OMX: PM
      490 15 Bloomberg, Reuters It needs to offer at least 303 kronor to derail Dubai/Nasdaq's bid [DOHA] Qatar may bid for Nordic exchange company OMX in competition with its Persian Gulf neighbour Dubai, Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani said in a television
      – Bloomberg, Reuters  -  490 words
    • Article
      Lock icon US service economy's growth slows in Sept
      340 15 -AP, Bloomberg [NEW YORK] The US service economy, feeling the drag of the slumping housing market, expanded at a slower pace in September than in August, a trade group said yesterday. The Institute for Supply Management's (ISM) index gauging the health of non-manufacturing
      -AP, Bloomberg  -  340 words
    • Article, Illustration
      Lock icon Microsoft to go big on advertising
      252 15 -NYT [PARIS] Steve Ballmer, the chief executive of Microsoft, vowing that the company's US$6 billion plunge into the ad business two months ago was not just an experiment, said on Tuesday that advertising would become 25 per cent of the company's business within a
      -NYT; AFP  -  252 words
    • Article
      Lock icon Sony, BMG get green light for joint music venture
      271 15 Reuters [BRUSSELS] Japanese electronics giant Sony and Germany's Bertelsmann won competition clearance from the European Commission yesterday for their recorded music joint venture. The Commission, which polices competition in the European Union's 27 member states, placed no conditions on the companies.
      – Reuters  -  271 words
    • Article, Illustration
      Lock icon The leading pair
      462 15 Source: Clipper Ventures NOW most of the fleet has escaped the clutches of the Canary Islands, the next 24 hours will see the yachts move steadily southwards as they move into an area of strengthening winds. The one exception is New York, which has struggled to move
      Source: Clipper Ventures  -  462 words
    • Article
      Lock icon N Korea to disable nuclear facilities by Dec
      244 15 -AFP.AP [BEIJING] North Korea has agreed to provide a complete list of its nuclear programmes and disable the facilities at its main Yongbyon reactor complex by Dec 31 under US supervision, according to a six-na-tion agreement released yesterday. The deal the second
      -AFP.AP  -  244 words
    • Article, Illustration
      Lock icon Bidders lift Northern Rock's stock
      381 15 Reuters [LONDON] UK mortgage bank Northern Rock's advisers are in talks with buyout firm JC Flowers over a rescue bid and US firm Cerberus is also interested, sources familiar with the situation said yesterday. News that at least two potential bidders remain interested gave Northern
      – Reuters; REUTERS  -  381 words
    • Article
      Lock icon Morgan Stanley to axe 600 mortgage jobs
      359 15 Reuters, AP [NEW YORK] Morgan Stanley will slash 600 jobs in its residential mortgage business, about a quarter of the home loan work force, in the latest sign the mortgage market slump is expected to linger. The world's secondlargest investment bank said it
      Reuters, AP  -  359 words
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  • AVIATION
    • Article, Illustration
      Lock icon Air Asia X, equity funds in talks on 20% stake sale
      429 16 Bloomberg Carrier will then have USsl2sm as start-up capital to buy new planes: CEO [KUALA LUMPUR] Air Asia X, a Malaysian budget carrier partly owned by Richard Branson's Virgin Group Ltd, is in talks with private equity funds to
      – Bloomberg; AFP  -  429 words
    • Article, Illustration
      Lock icon AirAsia X gets green light to fly from M'sia
      524 16 [PETALING JAVA] Air Asia X, which over a single weekend sold more than 6,000 seats to Australia's Gold Coast, on Tuesday received the much-awaited Air Operator's Certification (AOC) from Malaysia's Department of Civil Aviation (DCA), The Starßiz reported quoting chief executive
      524 words
    • Article
      Lock icon China Airlines replaces chairman
      162 16 Reuters [TAIPEI] Taiwan's China Airlines, the island's largest carrier, replaced its chairman just over a month after one of its jets exploded after landing at Okinawa. China Airlines chairman Philip Wei was replaced by Ringo Chao, who also serves as the company's president, the company said
      Reuters  -  162 words
    • Article
      Lock icon Move in EU to include all airlines in early CO2 trade
      247 16 -Reuters [BRUSSELS] All airlines flying to, from and within the European Union should be included in the bloc's emissions trading system from 2010, EU lawmakers said on Tuesday, voting to move up the date from an original proposal. The
      -Reuters  -  247 words
    • Article
      Lock icon British airports operator protests price control move
      337 16 Reuters [MADRID] Spanish-owned British airports operator BAA has protested against price controls proposed for its London airports Heathrow and Gatwick by the British competition watchdog yesterday, and said they put refinancing of its debt at risk. BAA's owner Ferrovial is trying to refinance
      Reuters  -  337 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2424 16 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,424 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Lock icon Page 16 Miscellaneous Column 1
      321 16 CRYPTIC CROSSWORD ACROSS 1 Delighted to be so carefree [j |2 [3 [4 |5 |<j 9 Ruler ever so one I given good name (9) g—^* 10 A gypsy ignoring New York's peculiar charm (5) 11 Rotten foreign money t;-^ floods the Channel Islands (6) M 12 Protest about scoundrel,
      321 words
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  • SHIPPING
    • Article
      Lock icon Northwest Passage seen as too risky, impractical for ships
      828 17 Reuters Sceptics point to poor infrastructure, narrow channels, high insurance cost [OTTAWA] While there has been much talk that Arctic trade routes will open up as northern ice melts, shipping companies and experts say using the fabled Northwest Passage through Canada's
      – Reuters  -  828 words
    • Article, Illustration
      Lock icon Evergreen shares hit a high on profit outlook
      304 17 Bloomberg [HONG KONG] Evergreen Marine Corp, Taiwan's biggest shipping line, rose as much as 7 per cent to the highest in more than 10 years amid expectations of increased profit. The stock gained as much as NT$2.2 to NT533.75 in Taipei, the
      Bloomberg; FILE PHOTO  -  304 words
    • Article
      Lock icon California wants ships to clean up their act
      431 17 -LAT-WP [LOS ANGELES] California Attor-ney-General Jerry Brown, joining with national environmental groups, was due to petition the Bush administration yesterday to crack down on emissions from ocean-going vessels, which make more than a total of 11,000 calls at California ports each year.
      -LAT-WP  -  431 words
    • Article
      Lock icon Japan donates ships to combat piracy in Straits of Malacca
      184 17 Bloomberg [JAKARTA] Japan has donated three patrol ships to help in securing the Malacca Strait, the Indonesian military chief and spokesman said here yesterday. The spokesman of the military, Rear Air Marshal Sagom Tambun, said that the ships would arrive
      – Bloomberg  -  184 words
    • Article
      Lock icon Dalian Port may sell asset
      111 17 Bloomberg [HONG KONG] Dalian Port (PDA) Co, operator of north China's second-busiest harbour, said it is in talks to sell an asset, a day after its shares had their biggest gain in 17 months. The company is in negotiations "regarding a proposed disposal of asset,"
      – Bloomberg  -  111 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        123 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.97 0.37 6.60 1 29
        123 words
      • Article
        Lock icon KLSE
        37 17 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.43 9.95 9.90 4.36 2.96 unch 2.17 -0.05 -0.15 -0.20 unch 0.02 unch -0.03 521 916 776 710 173 0 9
        37 words
      • Article
        Lock icon BANGKOK
        12 17 '00 'recious Ship Regional Cont .37.50 31.00 -1.25 -0.75 2327 1342
        12 words
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        Lock icon HONGKONG
        11 17 '000 JOil iingamas Cont 80.05 4.70 1.50 -0.21 4031 2961
        11 words
      • Article
        Lock icon PHILIPPINES
        22 17 '000 Aboitiz Equity ntl Container Keppel Marine Keppel Prop 7.30 39.00 2.00 unch unch 2.00 -0.10 unch 381; 59( 2! I
        22 words
      • Article
        Lock icon TAIPEI
        27 17 let 3 NTS Vol Evergreen Marine ...31.55 :irst Steamship 95.00 /Van Hai Lines 27.95 fang Ming Marine ..29.20 unch -3.10 unch -0.55 111 3 32 87
        27 words
      • Article
        Lock icon TOKYO
        39 17 '000 fen Kawasaki Hvy Ind...453.00 4.00 ***** Kawasaki Kisen ...1724.00 76.00 8321 Mitsubishi Hvy 740.00 3.00 ***** vlitsui Eng&Sbldg ..670.00 27.00 ***** vlitsuiOsk Lines ..1895.00 98.00 ***** Mippon Express 629.00 25.00 6435 MipponYusen 1151.00 23.00 9048 •ource: Reuters
        39 words
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      370 17 Delectable Hawker Gourmet I rJm Be spoilt for choice with Cafe Vie's extensive buffet spread ranging from delectable hawker fare to Bk succulent BBQ meats. Indulge in famous local delights Vegft like fish head curry, bak kut teh, roti prata and laksa or Ifi, stop by our outdoor BBQ station
      370 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Wise not to ignore market risks
      491 18 SINCE the US Federal Reserve's somewhat surprising 50-basis points interest rate cut on Sept 18, investors all over the world have piled back into stocks with much gusto. Wall Street on Monday rose to a new all-time high while most Asian markets continue to
      491 words
    • Article, Illustration
      Lock icon The story of Goldilocks in the house of 'Bears'
      1226 18  - The story of Goldilocks in the house of 'Bears SATYA SAURABH KHOSLA Will cheap credit and hedges make her lead the world markets into the house of 'Bears'? GOLDILOCKS has strayed away from home once again. Deep in the forest of the global economy, Goldilocks has found a "safe" resting
      FILE PHOTO  -  1,226 words
    • Article, Illustration
      Lock icon Is the sub-prime crisis really behind us?
      850 18  -  ANTHONY ROWLEY THE BOTTOM LINE THE fact that the world its richer countries at least has been living through a bubble economy period financed by junk (sub-prime) mortgages and funny money (carry trade) borrowing should be obvious enough to anyone observing events over
      850 words
    • Article, Illustration
      Lock icon If you want to get ahead, get a haircut
      825 19  -  MATTHEW LYNN Bloomberg People are shallow in their judgments and are creating a culture of narcissism in which the vain triumph over the worthy THERE has long been an adage that it isn't what you know that's important for getting ahead
      – Bloomberg; FILE PHOTC  -  825 words
    • Article, Illustration
      Lock icon Bipartisan commission the way to go?
      857 19  -  ROBERT SAMUELSON Dealing with the thorny issue of retiring baby boomers is so politically unsavoury that resolving it quickly would be a godsend ALMOST everyone in the US knows that the next president will have to wrestle with the immense costs of retiring baby
      REUTERS  -  857 words
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  • FOCUS
    • Article, Illustration
      Lock icon New market force: structured products
      591 20 globalisation is driving the trend of developing this lucrative ;enre of products and that trend is also driving globalisation FAR removed from the market headlines, financial instruments known as structured products have gradually become an enormously powerful force. They are the complex securities often bonds
      IHT  -  591 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7631 20 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.1/ Star Europe Bond 1.206/ Star Europe Bal 1.27/ Star Asian Tiger Eqty 1.817/ Star Asia Bond 1.269/ Star Asia Balanced 1.123/ Star Global Technology Fund!" 0.249/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.86/ Gib Multi St USD
      7,631 words
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      62 20 Allianz Global Investors one of the world's largest asset managers with more Allianz (Hi) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z IflA NO ONE KNOWS EVERYTHING An investor who has all the answers doesn't even understand the questions. JiC'^Jik 111
      62 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8298 21 Transaction date: Oct 3 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Day Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E MCap $mil >-wks Tel Low Code Last Sale Vol Day < Last Quote Div ('000) High Low Buyer Seller C'vr Net P/E
      8,298 words
    • Article
      Lock icon SGX XTRANET
      58 21 Hii Low Code Com Sale cooo; Hii Low Bui Seller C'vr P/E ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 609/ IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 61/0 SPDRS 3880 2640 6235 STI ETF 100 US119 US5000 US1000 US***** US*****
      58 words
    • Article
      Lock icon SGX SESDAQ
      2115 21 Hil Low Code Com] Sale ('0001 Hii Low Bu1 Seller C'vr P/E ..—j $mi 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 24.5 8538 APStrategic 16.5 1.5 1501 Advanced System Z0.5 9.5 1524 Alantac 22.5 8 7814 Albedo 46.5 26.5 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp
      2,115 words
    • Article
      Lock icon CLOB INTERNATIONAL
      204 21 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      204 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      361 22 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 2 World Index Preliminan 1184.3 0.2 7.6 0.5 7.6 0.0 11.1 EAFE Preliminan 1171.8 0.7 5.8 0.8 8.2 0.2 11.8 Euri Preliminan 1587.2 0.3 6.3 0.3 9.0 -0.2 12.6 Pacific 1041.5
      361 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 22 As at 9am Oct 3 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.3040 1.3200 .an dollar 1.4760 1.4940 luro 2.0860 2.1100 IZ dollar 1.1160 1.1410 jterlin ind 3.0080 3.0420 JS dollar 1.4740 1.4910 .ocal dollars to 100 units if foreign
      130 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 22 Oct 3 STI ilMSCI Oct 467 473.8 463.3 "aiwan Oct 372.6 380.5 378 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon INTERBANK RATES
      163 22 Oct 3 fer Overnight 1 -montli 2-months 3-months Overnight mode: 2 US$ 1 7/8 2 5/16 2 3/8 2 7/16 Offer 1 3/4 2 3/16 2 1/4 2 5/16 Bid 1 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.10 5.18 5.25
      163 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 22 Oct 3 Bid Offer 1-month 1.4764 1.4776 2-months 1.4731 1.4744 3-months 1.4694 1.4707 6-months 1.4610 1.4624 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 22 Oct 3 Against SS lurrencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.3137 1.3148 0.8876 0.8877 "anadian dollar 1.4841 1.4854 1.0027 1.0029 luro 2.0982 2.1001 1.4176 1.4179 IZ dollar 1.1232 1.1247 0.7589 0.7594 aterlim 3.0203 3.0226 2.0406 2.0408 IS
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      321 22 Oct 3 URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 95.070 95.440 95.625 95.710 0 0 0 0 6738 ***** 4734 6811 EUROYEN FUTURES 3ec07 99.125 99.140 Vlar08 99.100 99.110 Iun08 99.055 99.070 iep08 99.000 99.005 3ec08 98.915 98.920 Vlar09 98.840 98.840 Iun09 >ep09 99.125 99.100 99.055 98.995 98.915
      321 words
    • Article
      Lock icon SICOM FUTURES
      281 22 Oct 3 KUbbbK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Nov 07 Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 334.50 335.00 336.50 337.00 337.00 340.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      281 words
    • Article
      Lock icon CHICAGO BOT
      105 22 Oct 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 943.75 991.50 973.00 942.00 Jan 08 962.00 1009.50 990.00 960.00 Mar 08 973.25 1020.25 1001.00 972.50 May 08 977.00 1021.00 1001.00 976.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 07 38.03 39.05 38.50
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      79 22 CRUDE OIL PRODUCTS Oct 2 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 76.61 -1.43 WTI (Near Mth) 80.23 0.03 Dubai (1 -Mth F) 72.52 -1.67 Tapis blend 82.8 0.5 Minas 80.25 -2.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 76.95 90.30 -1.50 -1.4 US$/barrel Opec
      79 words
    • Article
      Lock icon INTERBANK CROSS RATES
      453 22 Oct 3 iuro ren Ion 'eso Earn 'ouni Australia 0.885 6.663 0.626 6.888 35.342 80.954 1.030 8.112 3.027 1.169 53.889 40.033 1.314 6.141 1.042 28.921 30.398 0.435 0.888 Canada 1.130 7.527 0.707 7.782 39.927 91.456 1.163 9.164 3.420 1.321 60.880 45.227 1.485 6.938 1.177 32.672 34.341 0.491
      453 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 22 Oct 3 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****A 03.01.08 1-Year BY*****A 29.09.08 2.10 2.12 2.1 2.07 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      89 words
    • Article
      Lock icon SIBOR
      76 22 Oct 3 1 mth 2 mths 5.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 9 mths 12 mths 4.***** 5.***** 5.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs
      76 words
    • Article
      Lock icon PALM OIL
      61 22 Oct 3 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Oct 07 2630 Nov 07 2551 Dec 07 2530 Jan 08 2526 Total o/p: ***** contracts 2652 2656 2630 2580 2588 2551 2545 2558 2530 2530 2540 2516 Turnover: 7723 Market tone:
      61 words
    • Article
      Lock icon PRECIOUS METALS
      170 22 Oct 3 GOLD (USS/oz) Oct 02 Oct 03 GOLD BULLION COINS (S$) Sellini Hong Kong 734.70 732.40 735.70 733.40 Oct 01 Oct 02 London 746.95 728.40 747.65 729.20 Source: Reuters (S$) Selling Buying 1 oz 1212.31 1085 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $424.79 349 SILVER
      170 words
    • Article
      Lock icon LONDON METALS
      70 22 Oct2\ iriti iiuiii, yy.i (US$/tonne) Co Close Previous Cash 2430.50 2469.80 3 months 2487.00 2527.00 Copper, Grade A (US$/tonne) Cash 3 months 8239.00 8160.00 8187.00 8110.00 Lead (US$/tonne) Cash 3590.00 3 months 3515.00 3500.50 3434.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      82 22 Oct 2 (£/tonne) Close Prev Hii ih/Low Dec 07 962 995 998/950 Mar 08 977 1006 1010/966 May 08 986 1016 1016/974 Jul 08 993 1022 -/982 COFFEE (US$/tonne) Close Pev High/Low Nov 07 1952 1970 1981/1950 Jan 08 1817 1831 1839/1810 Mar 08 1797 1811 1819/1796 May 08
      82 words
    • Article
      Lock icon BONDS & WARRANTS
      3291 22 BONDS WARRANTS lei lode Company lei Last Vol Conv Exer lode Company Sale -t-or- COOO) Ratio Price S779ASL Marine Hldgs W*****1 112 -3 5 1 53 >036 Advance SCT Ltd W*****9 32.5 1 1525 1 87 l674Allgreen RB ECW*****0 3.5 -6 390 1 188 >835Allgreen RBeCW*****6 8 -3 50 0.5
      3,291 words
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      Lock icon Page 23 Advertisements Column 1
      2764 23 Mm The Business Times m Shipping Times UK CONTINENT SERVICE U.S.A SERVICE VIMiW Destination Destination STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL »a#aiii-h i c win mur-i-m WALLENIUS WILHELMSEN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I Q G I S T I C S MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination
      2,764 words
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      Lock icon Page 24 Advertisements Column 1
      2359 24 WAN HAI INTERNATIONAL PTE LTD crno:**********0/r %T ■■>*■ TEL:*****588 (14LINES) FAX:*****163 VvXM lAf AM HAI ILMrN Customer Service/Bookings Direct line-(1800) *****200 V N^ V V V n 11 II n I LI 11 t J PKL TEL: (03) *****8»S FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 W JOH
      2,359 words
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      Lock icon Page 24 Advertisements Column 2
      934 24 Lw >Mk^l KS MSB I VESSEL I VOY I PKL I SIN I KHI I DXB I BAB I DMM I BIK I KHO IRAN TABATABAEI PCL8217 09/10 10/10 19/10 22/10 23/10 29/10 31/10 02/11 TENTH OCEAN PCL8218 20/10 21/10 30/10 02/11 03/11 09/11 11/11 13/11 IRAN SATTARI PCL8221 22/10
      934 words
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      Lock icon Page 24 Advertisements Column 3
      661 24 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL I VOY I SIN I P.KHNG I COLOMBO I N. SHEVA I COLOMBO KOTAPERWIRA YPWII3 II 0[1 OMIT OMIT ***** 23 OG RAJIV GANDHI 0II8W 15 OQ 16 0[1 19 0[1 23 0[1 27 0CI MARIVIA
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      3701 25 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • BizIT
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      Lock icon Sun Microsystems unveils Project Blackbox
      281 26  -  AMIT ROY CHOUDHURY IT'S a datacentre housed in a standard 20-foot container, costs less than a million dollars and can be transported anywhere around the world. Say hello to Sun Microsystems' Project Blackbox, introduced this week to key customers in Singapore and billed by the
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      Lock icon Staff a bigger risk than hackers: poll
      1008 26 PwC-CIO survey of company executives worldwide shows surprise turnaround of views from last year, writes AMIT ROY CHOUDHURY NEW survey has found that senior comA pany executives in Singapore and worldwide regard their own employees, and not external hackers, as the most likely
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      Lock icon Video calls to patients in the offing
      562 26  -  ONG BOON KIAT The system has been on trial for six months in SGH COMING soon to Singapore hospitals: virtual ward visits; where one can use a camera phone to make video calls to patients and doctors via a bedside digital terminal. Virtual
      562 words
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      119 26 *****111 l CISCO. Help your business work smarter, not harder. Discover inspiring new ways to make it happen at the Cisco ExpressNetwork on Wheels (NoW) roadshow in October 2007. Each day, you face constant battles Visit the event and see what it means against cost containment, customer to be a
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      33 27 HOW WILL AVAYA CHANGE THE WAY YOU WORK? \k 'can switch from a land line *r 1 to my mobile without customers noticing, i 9IV] Hir ft. °> .^h B INTELLIGENT COMMUNICATIONS my> 111
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  • PROPERTY
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      Lock icon Credit crisis hits US high-end property
      862 28 -Reuters Until recently, this segment had defied the two-year broader market slide [GREENWICH, Connecticut] There's an indoor lap pool, eight-car garage and four-storey elevator. But the 26,000 sq ft Tuscan-style home features something even more unusual in this ritzy suburb of gated estates and
      -Reuters; REUTERS  -  862 words
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      Lock icon Banyan Tree to double global assets by 2010
      974 30  -  AGNES WEE It plans to move into Latin America, the Caribbean, Middle East, Mediterranean BANYAN Tree, a leading manager and developer of premium resorts, hotels, spas and galleries, is on an aggressive expansion push to more than double its global portfolio by
      974 words
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      Lock icon Stockbroker team eyeing more deals
      335 31  -  KALPANA RASHIWALA David Loh, Han Seng Juan who won Kovan site may also rope in partners THE "David and Han Team" of top stockbrokers that has been awarded a condo site in Kovan for $290.02 million, is looking at more property ventures in Singapore and
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      Lock icon M'sia's Equine may list associate
      115 31 -RevI lers [KUALA LUMPUR] Small Malaysian property developer Equine Capital Bhd may list a property development associate that has secured building rights over a US$5.B billion new-city project in northern Penang state. "Listing (Abad Naluri Sdn Bhd) is just one of the options we are
      -Rev- I lers  -  115 words
    • Article
      Lock icon UAE mortgage loans soar 97% in Q2
      343 31 Bloomberg Value of outstanding borrowings at 45.7b dirhams as of end June [DUBAI] Mortgage lending in the United Arab Emirates increased an annual 97 per cent in the second quarter as foreigners bought property in the Gulf state. Outstanding loans to buy homes
      – Bloomberg  -  343 words
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      Lock icon Sales of state land fetch $6.3b for year to March
      389 32  -  i KALPANA RASHIWALA Bulk of bumper takings comes from sales to private sector for $3.55b THE government collected $6.3 billion selling state land during the year ended March 31, up from $5.5 billion in the preceding year but still shy
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      Lock icon Hertford Mansion, Holland Hill Lodge up for en bloc sale
      340 32 HOME owners are going ahead with collective sales, with Colliers International marketing two new freehold sites. One site, Hertford Mansion, is located at Hertford Road/Bristol Road, near Farrer Park, and the indicative price for the 11,527-square-foot plot is $12 million
      340 words
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      424 28 TENANT REP LANDLORD REP OFFICES INDUSTRIAL BROKERAGE 150 Cantonment Road: Joint Marketing Agent 3 Church Street: Exclusive Real Estate for 50,000 sf "Campus-like" development at Advisor for 16th 21st floors, fringe of CBD. H;-i Sl '7 wir 35 Robinson Road: Real Estate Advisor for Real Estate Advisor for BP at
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      201 28 Lwmmauimu. Prime Site at River Valley Road I Freehold elevated residential site o"c^^ Ptea. me p. ragm Plot Ratio 2.8 (Up to 36 storeys) Proximity to Singapore main fc s SoMsl slß^ shopping belt Orchard Road GBANGE BO^ D Walking distance to Somerset MRT I f A a; .WALK Tender
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      5891 29 IN THE MATTER OF IN THE MATTER OF C~~ THE COMPANIES ACT (CHAPTER 50) AND THE COMPANIES ACT, CAP. 50 P 9 H DU ADM A/^CI ITI/^ Al TCPUKini A^V /a\ ™.»S™ m nu™ AND C&O PHARMACEUTICAL TECHNOLOGY £m 4 china (Swiss watch) private limited IN THE MATTER OF mtis>r«\
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      146 30 ~**v> Pearl Island, a vast 14,840 square metres of premium marina enclave offers you a priceless opportunity to develop our last 19 luxury waterway villas with private berths in every backyard. Perfect for easy getaways to the ocean, the Southern Islands and beyond. Nttjtii The scenic waterways and the verdant
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      105 30 For Sale By Tender Hi Prime Industrial Building At Pasir Panjang Road Type 5-storey with basement carpark Land Area 54,181 sq ft Built-in Area 141,839 sq ft Tenure Freehold Near future circle line MRT Sold with vacant possession Closing Date: 25 th October 2007 www.savills.com.sg fo EXPAT'S PropNex I I
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      1121 31 HOLLAND HILL LODGE HERTFORD MANSION (100% consensus obtained) Niche Residential Site Close To Novena Nanyang Pri sell Q Potential for exclusive boutique Revenue oNovena Squars/Velocity Ideal for exclusive boutique ark 7/cfS« B t devel°Pment Hs>^ """"iiOULMEINRD development pJs* <f Ga"*ins Land area:9,o33 sqft, Acs cT SJUunior Land area: 11,527 sq
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      402 31 M&k 1,...;. EN BLOC SALE I Area approx 35,000 sqft f^pSC" Tenure Freehold 1 R %r^- Private Preview Only I P™*^^ 9386 4331 I Chinatown COW 9108 2160 II (Dennis Lam) FOR SALE BY TENDER Closing Date: 11 October 2007 Time: 2.00pm Free hold Residential Site at Kovan (District 19)
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      1218 32 Others see standby cash. Y°u recognise opportunity. Cashline Platinum. The Power Of Leverage. Get up to $200,000 A at only 6% per annum. With a generous credit limit of up to $200,000 A, this credit line provides you with cash to do whatever you want. Be it to invest in
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