The Business Times, 17 October 2007

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Total Pages: 35
1 35 The Business Times
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  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 202/12/2006 Wednesday, October 17,2007
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  • Article, Illustration
    Lock icon Motorsports to put Changi on fast track
    596 1  -  SAMUEL EE Multi-million-dollar circuit being planned will host all sorts of races except Formula One By [SINGAPORE] They will be putting pedal to the metal and burning rubber in Changi. The government is expected to announce a plan soon for a new motorsports
    596 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.590 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.76 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      47 1 Tuesday Cl 1,372.38 lange -2.87 KLCOMP NIKKEI 225 17,137.92 -220.23 HANG SENG 28,954.55 -586.23 SET INDEX 894.53 -2.57 JAKARTA COM P Closed MANILA COMP 3,815.22 -46.16 SEOUL COMP 2,005.76 -29.63 SHENZHEN B 760.96 +1.35 MUMBAI IND 19,051.86 -6.81 12N00NEDT Change 13,928.71 -56.09 DOW NASDAQ 2,776.25 -3.80
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    • Article
      Lock icon FOREX
      43 1 uss SS US$ (S$ per US$) 1.467 (USS/SS >er£) 2.035 2.985 EURO(US$/S$/E) 1.417 2.078 YEN 116.80 79.70 RM 3.386 2.308 HK$ 7.753 5.286 BAHT 34.16 23.29 RUPIAH 9,060 6,177 RENMINBI 7.517 5.125 INDIAN RUPEE 39.36 26.84 A$ 1.125 0.767 NZ$ 1.337 0.911
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  • Article
    Lock icon PSA in bid for USs4oom Lankan port
    624 1 Bloomberg Singapore operator is up against three other bidders [COLOMBO] Hutchison Whampoa Ltd and PSA International Pte, the world's biggest container port operators, are among four bidders for a US$4OO million terminal in Sri Lanka that will increase cargo traffic by 50 per
    – Bloomberg  -  624 words
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      3 1 8 *****1 *****4
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      107 1 Invenit et Fecit invented and made The motto of a contemporary watchmaker building his own histoiy. ,%M vl fim-M-A. J j^*— Chronometre Souverain Built in harmony with the noblest traditions M 3!w of 18th century marine chronometry. B^^ Geneva Watchmaking Grand Prix Caliber FPJI3O4 in 18k solid gold Platinum case
      107 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      73 1 LAYOFFS XL COMMENTARY FRAUD CEO PAY AOL to axe 2,000 -^j A3BO the plane Cases are on the Boards have power to rein in m jobs worldwide JKI worth waiting for rise: PwC survey overpaid CEOs: Amex chief J| L PAGE 22 1 N PAGE 24 PAGE 3 PAGE 2
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  • TOP STORIES
    • Article
      Lock icon Crude prices may hit US$9O a barrel: traders
      620 2  -  RONNIE LIM But some expect prices to ease to around US$BO in 2-3 weeks' time By [SINGAPORE] Crude oil prices could hit US$9O in the near term, traders here warn, following Monday's push by hedge funds to above US$B6 a barrel. But
      620 words
    • Article, Illustration
      Lock icon Overpaid CEOs – boards can change that
      705 2  - Overpaid CEOs boards can change that SIOW LI SEN Amex chief raises need for social responsibility By [SINGAPORE] "Are there CEOs who are overpaid? Absolutely and boards have the power to change that," said one of America's top chief executives. Kenneth I Chenault, chairman and CEO of American Express Company,
      BLOOMBERG  -  705 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Fraud cases up in S'pore despite more controls: PwC
        79 2 FRAUD continues to be a major threat to companies worldwide, despite greater regulation and control. And Singapore in particular has seen more economic crime in the past two years. Nineteen per cent of companies here reported being victims of economic crime
        79 words
      • Article
        Lock icon Banks likely to post decent earnings growth for Q3
        80 2 AS the third-quarter results season kicks off, DBS, UOB and OCBC will be closely watched for the impact of recent financial market turmoil on their bottom lines. Analysts said they generally expect "decent" earnings growth for Q3 but warned that the
        80 words
      • Article
        Lock icon Ezra full-year earnings surge 68% to $104m
        61 2 EZRA Holdings reported a 68 per cent year-on-year rise in full-year net profit to nearly $104 million, helped by one-time gains from the sale of part of a subsidiary. Revenue for the offshore support and marine services provider nearly doubled to $218.8 million
        61 words
      • Article
        Lock icon Sim Lian Devt top bidder for Toa Payoh site
        58 2 SIM Lian Development Pte Ltd, which is not part of the listed Sim Lian Group, yesterday put in the top bid of $38.23 million, or $847.54 per square foot per plot ratio, for a 99-year leasehold commercial site next to HDB
        58 words
      • Article
        Lock icon Shares of 9 Synergy merger firms slide
        42 2 SHARES of nine companies scheduled to be delisted today to facilitate the corporate emergence of the world's largest palm oil player, Synergy Drive, ended in negative territory yesterday as investors turned cautious. MALAYSIA/INDONESIA, PAGE 16
        42 words
      • Article
        Lock icon China's Citic Bank eyeing stake in Bear Stearns
        51 2 CHINA'S Citic Bank Corp Ltd is bidding for a stake in Bear Stearns, a senior Chinese regulator said, in the first official confirmation that the bank was a potential suitor for the smallest of 5 big US independent brokerages. GREATER CHINA, PAGE
        51 words
      • Article
        Lock icon VW, Merc diesel cars in biodiesel trial
        69 2 A TRIAL with 13 otherwise normal cars running on biodiesel is due to start next month as part of Singapore's first testbed project involving the fuel. The two-year project was initiated in December and the first diesel-engined car one of 13 Volkswagen and
        69 words
    • Article
      Lock icon STB hearing could be as soon as Oct 30
      474 2  -  MICHELLE QUAH HORIZON TOWERS CASE Buyers keen to be made parties to board's hearing By [SINGAPORE] The Horizon Towers saga is set to pick up again, with the Strata Titles Board (STB) set to hear the application for the en-bloc development
      474 words
    • Article, Illustration
      Lock icon Fraud cases up in S'pore despite more contrals: PwC
      732 3  -  MICHELLE QUAH Accounting fraud and asset misappropriation most prevalent By [SINGAPORE] Fraud continues to be a major threat to companies worldwide, despite greater regulation and control. And Singapore in particular has seen more economic crime in the past two years. Nineteen
      732 words
    • Article
      Lock icon China state fund wants seats with its investments
      506 3 Bloomberg, Reuters, AP But its decisions will be commercial, not political [BEIJING] China Investment Corp (CIC), established to seek better returns on the government's record US$l.43 trillion of foreign currency reserves, says it will buy stocks and equity stakes where it can
      Bloomberg, Reuters, AP  -  506 words
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      290 2 !>lj*^ WIIME FOR ASIA 2007 A Asia's Most Comprehensive International Wine Exhibition Venue Singapore Expo Hall 3, Singapore A W Date :25t0 21 October 2007 A W www.wineforasia.com AW Meet 450 exhibitors from more than 30 countries and A W 14 new national pavilions M W Experience first hand, innovative
      290 words
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      Lock icon Page 2 Advertisements Column 2
      10 2 people_ at Black belts WOrR wanted. www.thepeopleatwork.com Asia-Pacific Executive Search
      10 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Banks likely to post decent earnings growth for Q3
      634 4  -  CONRAD TAN But much hinges on whether they make large provisions for exposure to CDOs, warn analysts By AS the third-quarter results season kicks off, the three Singapore-listed banking groups DBS, UOB and OCBC will be closely watched for the impact
      FILE PHOTO  -  634 words
    • Article
      Lock icon Oculus to acquire Aretae for $600m
      537 4  -  HAN MIN CHUNG By OPTICAL products group Oculus is acquiring carbon credit developer Aretae Pte Ltd for $600 million in a reverse takeover deal. Under a heads of agreement, Oculus will issue 1.2 billion shares at 50 cents each to satisfy the purchase consideration,
      537 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ultra Tech to issue 145m new shares
        67 4 ULTRO Technologies said it has agreed to issue 145 million new shares at 19 cents each to raise net placement proceeds of $26.5 million. The proceeds will be used to buy a 72.5 per cent stake in raw materials trader Xinsheng for $14.5
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      • Article
        Lock icon Banyan Tree signs Dubai deal
        41 4 BANYAN Tree Holdings said it has signed a management contract for its first Banyan Tree branded development in Dubai. Banyan Tree Meydan will be positioned as the first golf and equestrian resort in the Middle East.
        41 words
    • Article
      Lock icon Sparkling UOB-Kay Hian
      653 4  -  VEN SREENIVASAN IF THERE is a counter which has stood out in recent weeks, it has to be the Singapore Exchange (SGX). The stock has risen almost 20 per cent this month, and is up a whopping 230 per cent for the year. Much of the recent
      653 words
    • Article, Illustration
      Lock icon Ezra earnings surge 68% to $104m
      531 5  -  MATTHEW PHAN Firm strengthening balance sheet ahead of heavy capital expenditure: MD By EZRA Holdings has reported a 68 per cent year-on-year rise in full-year net profit to nearly $104 million, helped by one-time gains from the sale of part of a subsidiary. Revenue
      531 words
    • Article, Illustration
      Lock icon Best World expects slower profit growth
      310 5 Reuters BEST World, a healthcare firm focused on China, expects profit growth to take a hit this year due to higher costs from its aggressive expansion drive, a company executive said yesterday. Best World International is in talks to buy a stake in a
      – Reuters  -  310 words
    • Article
      Lock icon Noble, 01am eye Ancom's chemical unit: report
      382 5 [KUALA LUMPUR] Two Sin-gapore-based companies, Noble Group and 01am International, are eyeing the chemical arm of Ancom Bhd, the country's largest agricultural chemical company, says a report in Malaysia's Business Times. Ancom plans to sell off its industrial chemical business as part of
      382 words
    • Article
      Lock icon Natural Fuel's biofuel plant here to switch feedstock
      509 8  -  RONNIE LIM Australian listed firm signs deal for jatropha oil as palm oil prices surge By- A SPIKE in regional oil palm prices has forced the world's largest biofuels plant being built on Jurong Island to switch to using an alternative feedstock
      509 words
    • Article
      Lock icon Federal sees 10-15% yearly Asia profit growth
      459 8 -Reuters SINGAPORE oilfield equipment firm Federal International is confident of growing Asian sales and earnings by 10 to 15 per cent per year, and will expand its power plant and offshore marine ventures. The firm said yesterday that it is targeting an extra
      -Reuters  -  459 words
    • Article, Illustration
      Lock icon Financial One bullish on China leasing market
      473 8 Reuters It sees boost from Taiwan firms operating in China [TAIPEI] Taiwan firms operating in China will sharply boost their leasing of equipment in the next few years as an alternative to outright buying, said the chairman of Financial One, which engages in
      Reuters; FILE PHOTO  -  473 words
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      205 5 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
      205 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Could Wall Street make or break the US dollar?
      910 6  -  LARRY WEE CURRENCIES Watch first support for Dow at 13,700 and for S&P at 1,500 ONCE again, the US dollar has been forced to some ugly new lows over the past week, but the question to now ask ourselves is: What
      910 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      92 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 14 2 0 0 0 14 lanufacturini 35 140 44 27 13 41 167 57 Commerce 12 48 21 13 15 61 "pt/Stor/Comms 27 30 ■inance 23 24 instruction 17 23 'roperties 35 35 lotels/Rsts
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL lulti Ind 33.563 33.563 108.627 108.627 lanufacturing 635.211 254.255 889.466 648.132 85.733 733.865 Commerce 313.316 16.455 329.771 130.251 3.816 134.067 "pt/Stor/Comms 347.645 3.000 350.645 579.394 2.514 581.909 :inance 93.611 126 93.737 694.882 17 694.899 Construction 139.744 75.297
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      232 6 Stock name Wt Close Chani Allgreen 0.52 1.900 -0.030 Ascendasreit 0.79 2.430 -0.050 CapitaComm 0.49 2.660 -0.060 Capita Land 4.66 7.950 -0.250 CapitaMall 0.91 3.820 -0.060 Chart SemiCond 0.51 1.060 -0.030 CityDev 2.76 16.000 -0.100 ComfortDelGro 1.23 1.950 -0.030 Cosco Corp 2.08 7.000 Creative Tech 0.14
      232 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      724 6 China Auto Electronics Oct 16 close: 550.705 DBS Group Research, Oct 16 ONE of the largest wire harness tier-1 suppliers in China, China Auto Electronics designs, assembles and manufactures wire harnesses, connectors, moulds, crimping machines, and electronic modules for the automobile industry. It has a strong 10 per
      724 words
    • Article, Illustration
      Lock icon China stocks hit hardest in weak, volatile session
      544 6  -  R SIVANITHY STOCKS THAT the local market is hostage to often volatile external forces is by now a well-established fact. Yesterday's session provided ample demonstration of this Wall Street's Monday drop was accentuated by sudden weakness in Hong Kong, thus leaving the
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article, Illustration
      Lock icon UOB SESDAQ INDES
      3 6
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      47 6 Oct 16 VALUE CLOSE -878.00-319.00 BT OB/OS BT CADI -*****.00-347.00 BT 10-day MA -*****.00 -88.00 All-SG Equities 1045.96 -16.77 SG Equities Elect 120.39 -2.25 SG Equities Fin 2637.54 -49.24 SG Equities Prop 1578.59 -35.40 SIMSCI 467.29 -6.88 SIMSCI Futures 466.90 -8.00 PrimePartnersCI 297.71 -7.64
      47 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      51 6 VOLUME El-Nets 214,444,000 Diqiland 140,715,000 BerlianLaju 137,046,000 ChinaAElec 117,939,000 Oculus 113,924,000 Sky Petrol 81,973,000 Memstar 63,661,000 JiutianC 63,410,000 Courage Marine 55,930,000 Mermaid 53,575,000 VALUE(S) DBS Grp 345,669,923 Capita Land 192,874,000 SingTel 115,045,172 Mermaid 106,099,500 STXPOKW100 105,155,120 SGX 100,862,100 Cosco Corp 91,375,000 Uni-Asia 89,670,560 ChinaAElec 85,763,895 UOB 74,706,170
      51 words
    • Article
      Lock icon RISES
      92 6 CLOSE UP GLD 10US$ 7560 102.6 0.9 SPC 880 65.0 8.0 STXPOSGAeCW/*****7 185 45.0 32.1 NOL 570 30.0 5.6 ICBCC :.93%Pref10 ***** 30.0 0. JMH 2880 29.3 0.7 STXPOMBLeCW*****5 208 26.0 14.3 STXPOSGAeCW*****9 212 26.0 14.0 SPCDBeCW*****9 156 25.0 19.1 SPCSGAeCW/*****3 130 23.0 21.5 BY PERCENTAGE CLOSE UP STI3400SGAePW*****0
      92 words
    • Article
      Lock icon FALLS
      107 6 China H 10US$ CLOSE DOWN 2500 -88.0 -2.3 Jardine C&C 1920 -70.0 -3.5 Omei |aNav 2910 -60.0 -2.0 UOB 2210 -60.0 -2.6 S I A 1960 -50.0 -2.5 Venture Con 1550 -50.0 -3.1 Uni-Asia 154 -41.0 -21.0 SGX 1540 -40.0 -2.5 SIA 200 1960 -40.0 -2.0 Land 795 -25.0
      107 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 Oct16 CLOSE CHNG FR0O15 YR 2007 S$ LOW S$ HIGH USS 1.4679 -0.32 1.5479 1.4610 Euro 2.0783 0.21 2.1254 1.9913 Pounds 2.9839 -0.10 3.1194 2.9323 AS 1.3057 1.60 1.3411 1.1741 Yen* 1.2559 -1.02 1.3821 1.2285 Rupiah* 0.***** -0.32 0.***** 0.0160 Baht* 4.2984 -0.29 4.5700 4.1730 Peso*
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      108 7 Man Financial is now MF Global And we'll continue to speak your language ~ji _g -j, h IMIIM ""Global BMBlßlll^^ JMliiiHiiilJ WWI Bill IIIIIIIIMM!^^ Taking Man Financial into the Future MF Global (*****3253G) holds a capital markets services license issued by Monetary Authority of Singapore. Risk warning: Trading carries a
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      435 8 LAND FOR Ivipf SfteDetails ilh M Location Ang Mo Kio Street 52 M Proposed Development Public Housing _S Land Area 16,789.1 sq m PUBLIC HOUSING DEVELOPMENT M _r Maximum Gross Floor Area 58,761.85 sqm UNDER DESIGN, M V Lease Term 103 years BUILD SELL SCHEME Project Completion Period 48 months
      435 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon F1 lighting plan all set for thumbs up
      600 9  -  NISHA RAMCHANDANI A 6.3km-long aluminium truss will be built along the length of the track By SINGAPORE is heading into the final lap of preparations for the 2008 Formula One Grand Prix, with the lighting plan for the street circuit set to
      600 words
    • Article
      Lock icon Local law firms among Asia's best
      353 9  -  WEE LI-EN By LAW firms in Singapore have muscled their way up the ladder to be counted among the top firms in Asia, according to a new law guide by Chambers and Partners. Chambers has been ranking leading law firms and lawyers worldwide based
      353 words
    • Article
      Lock icon $76m training plan for precision engg
      271 9  -  NISHA RAMCHANDANI By IN a bid to upgrade the precision engineering (PE) workforce, Economic Development Board, Spring Singapore and the Workforce Development Agency have been working together with the industry on a $76 million effort to equip 2,000 people over the next five years
      271 words
    • Article
      Lock icon Locals urged to support Youth Olympics bid
      302 9 SINGAPORE'S bid committee for the 2010 Youth Olympic Games (YOG) is calling on Singaporeans to support the country's push to host the inaugural event as it released selected details on the bid yesterday. Parliamentary Secretary for the Ministry of Community Development, Youth and
      302 words
    • Article
      Lock icon Sim Lian top bidder for Toa Payoh site
      398 11  -  KALPANA RASHIWALA Its $38.23m bid for 99-year leasehold commercial site beats eight others By SIM Lian Development Pte Ltd yesterday put in the top bid of $38.23 million, or $847.54 per square foot per plot ratio (psf ppr), for a 99-year leasehold
      398 words
    • Article
      Lock icon Hotel site at Sturdee Road put on reserve list
      387 11  -  ARTHUR SIM 0.61 hectare plot can yield an estimated 430 hotel rooms By A HOTEL development site at Sturdee Road has been put on the reserve list of the Government Land Sales (GLS) programme. The site is one of the four
      387 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7695 11 UNIT TRUSTS FUNDS ABN AMRO Asset Mat (Spore) Star Europe Eqty!** 1.099/ Star Europe Bond 1.184/ Star Europe Bal 1.26/ Star Asian Tiger Eqty 1.866/ Star Asia Bond 1.269/ Star Asia Balanced 1.114/ Star Global Technology Fund!" 0.246/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.867/ Gib Multi St USD
      7,695 words
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      81 9 (Basal W^-^^t The first Airbus A3BO powered by the Trent 900 has arrived in choice. Over 70% of airlines have chosen the Trent 900 for their Singapore. The Trent 900 has been specifically designed to deliver Airbus A3Bos for them, the engine's operational advantages exceptional levels of performance. Its advanced
      81 words
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      253 10 I -Q \X4 Jbb BWBW^^ ffirrnitu 11 Bk. Jk wKf j^^ |^N^Du^HL^9M2r4 tv 1 w PBT^B^hj B^H^ H I A** A 't!i '■'^'T^miiHiiwuiiMfiiim^T i" H J W .T l l' _b I■, tiii il I r w ji^ 9^^^ m^B*^^ if tßbb^Bt^^ V JH I I L^|^ bV^M^EB EkHiBBBBBBI EB^ffltßit»■*■<**-
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      91 11 Allianz Global Investors one of the world's largest asset managers with more Allianz (Hi) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z &UY DURING TIMES OF PESSIMISM 3Egw 1 °ls& u^ mar^ets are born on pessimism, grow on scepticism, mature on
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      256 12 By'" £6i|": v^^hl flit < li"" L~5S?iBB BBaSHiSbI Sffife'" Her'1 sb&l HVyfl^H^Mßfl^HMflliSN j v-iJ aRsI B^Bs JB^^Pflß^^jß^T ifli W* j# j^dH Bb Jmmf IMHBTJK >?v! I1 Hi/ .OK Ka. ~^aaa K' llflHl Bw.. l| Hi lllMm BP HBfe I k L^ySliflL bSb^BeHbBBBBBBBbI^'" »-v"''3S Bk Us! hI 481 Bbw r^^w Br
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  • ECONOMY WATCH
    • Article
      Lock icon Fundamentals may brake oil rally before it hits US$lOO
      536 13 Reuters NEWS ANALYSIS Triple digits likely only if geopolitical eruptions disrupt supplies: analysts [NEW YORK] The latest rally driving oil to fresh records is likely to face fierce resistance from sup-ply-and-demand fundamentals before it reaches US$lOO a barrel. Tensions between Turkey
      Reuters  -  536 words
    • Article, Illustration
      Lock icon University of Chicago bags yet another Nobel for economics
      546 13 AP [CHICAGO] One of the world's most influential schools of economics has done it again. The nearly 120-year-old University of Chicago, once the academic home of free-market advocates such as Milton Friedman, can boast of yet another Nobel prize in economics.
      AP; REUTERS  -  546 words
    • Article
      Lock icon Fed ready to act to ensure market stability: Bernanke
      423 13 -Reuters Setbacks expected as full recovery likely to take time [NEW YORK] US financial markets are healthier after a turbulent summer, but a full recovery will take time and the Federal Reserve will act as needed to support market stability as
      -Reuters  -  423 words
    • Article
      Lock icon India's growth is at 'take-off' stage: Lehman
      594 13 Bloomberg It has averaged 8.6% growth each year since 2003 [NEW DELHI] India's economic growth is at a "take-off" stage and is poised to accelerate by as much as 10 per cent a year for the next decade, Lehman Brothers Asia Ltd said.
      Bloomberg  -  594 words
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      132 13 Hewitt Lively action packed sessions where HR professionals get hands on experience building higher order skills HR Effectiveness Intensive Managing Leading Change 25-26 October 2007 13 December 2007 Despite extensive transformation efforts, HR The nature of change is constant; however, you can still struggles to demonstrate its value to the
      132 words
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      174 13 I GLOBAL EDUPRENEUR PROGRAM I Anybody can earn $10,000* monthly Easily when you Discover our PROVEN TRADE SECRETS! No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed jft7pj™era|yi| |lij|H§j||i|flll|i| ■■■■■■I QHaEnP(^W|PiHP|MiPI P^l.'.lll H IM-'I |njL"JI H J^SHlt^O^/^ lixyiluii'iJiulijLbuiliP s**/^ "We are earning more than mr^f^Tr^ffW^WTTnrMwMlM
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      50 14 _ji BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENG KEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/*****811/*****822/*****833. OPEN MON-SAT: BAM TO 7.30PM. (Z^ I—£>CLJS BOrneO MOtOrS SUN: 10AM TO 6PM. LEXUS SERVICE CENTRE TEL: *****826/*****827. FAX: *****651. OPEN MON-FRI: BAM TO SPM. SAT: BAM TO 4.30PM. www.lexus.com.sg the Pursuit Of Perfection
      50 words
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  • MALAYSIA
    • Article
      Lock icon Shares of 9 Synergy merger firms slide
      500 15  -  PAULINE NG Stocks to be delisted from today; Nov listing for world's top palm oil player By in Kuala Lumpur SHARES of nine companies scheduled to be delisted later this week to facilitate the corporate emergence of the world's largest palm oil player,
      500 words
    • Article
      Lock icon Muhibbah eyes projects in S'pore
      328 15 [KUALA LUMPUR] Construction firm Muhibbah Engineering Bhd has identified sizeable infrastructure construction projects in Singapore and Vietnam to grow its business organically, says a report in Malaysia's Business Times. It is targeting an organic revenue growth of 10 per cent this year from RM1.09 billion
      328 words
    • Article
      Lock icon Governance code on audit panels ignored
      373 15 [KUALA LUMPUR] There has not been a rush by listed companies to make members of their audit committees fully independent despite a change in the corporate governance code, reports Malaysia's Business Times. The code now says that audit committees, which review company accounts, must
      373 words
    • Article, Illustration
      Lock icon Kuwait Finance House eyes strategic assets of RHB Bank
      477 15 It's looking at some non-Islamic ops in good locations [PETALING JAYA] Kuwait Finance House (M) Bhd (KFH) is believed to be eyeing the more strategic conventional assets and branches of RHB Bank, and not just the Islamic finance operations, reports The
      BLOOMBERG  -  477 words
    • Article
      Lock icon BURSA MALAYSIA
      2365 15 VOL C000) let 16 RM \&M Realty 0.94 s,bricBhd 0.30 \dvance Synergy 0.36 s,dventa Bhd 1.69 \eMulti Hldgs 0.30 Win Holdings 2.80 \hmad Zaki Resou 6.10 s,icCorp 0.54 5,irasia Bhd 1.98 \kn Messaging Te 0.19 \kn Technology 0.86 Alliance Financi 3.04 \luminium Co 1.29 \malgamated Ind 0.58 \minvestment
      2,365 words
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      54 15 Best Denki >-w «aoOO exclusively 0" Mever more t*an 2 ads m 1 to Radio9l.3FM > W for your chance to WIN 10 $913 Best Denki Gift Cards on October 18. www.radio9l3.com Lianhe Zaobao I It Small-and I I medium-cap I I marine oil I stocks also on the rise
      54 words
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  • MIDDLE EAST
    • Article, Illustration
      Lock icon Dubai property market faces glut in 2008/9
      392 16 Reuters Flood of completed projects will slow growth of property prices, rents: Colliers [DUBAI] Property costs in Dubai are likely to rise more slowly, or even fall, in the next two years as completed malls, offices, apartments and hotels flood the market, real
      Reuters; REUTERS  -  392 words
    • Article
      Lock icon Qatar's sovereign fund borrows US$3b
      238 16 Bloomberg [DUBAI] Qatar's US$5O billion sovereign wealth fund, which last month bought stakes in London Stock Exchange Group and OMX AB, got a US$3 billion loan from 18 international lenders, a banker said. The Qatar Investment Authority's nine-month loan can be extended by six months
      Bloomberg  -  238 words
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      297 16 Schweizerische Eidgenossenschaft l^jF Confederation suisse I K^E Confederazione Svizzera MFXT Confederaziun svizra The Institute of Banking Finance Embassy of Switzerland in Singapore Present the Swiss Singapore Workshop on Talent Development in n Wealth Management Join a forum for the sharing of ideas between Swiss and Singapore business leaders on the
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  • GREATER CHINA
    • Article
      Lock icon China's CITIC Bank eyeing stake in Bear Stearns
      471 17 Reuters Senior Chinese regulator confirms interest in US brokerage at forum [BEIJING] China's CITIC Bank Corp Ltd is bidding for a stake in Bear Stearns Cos, a senior Chinese regulator said, in the first official confirmation of media reports that the state-run
      – Reuters  -  471 words
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      Lock icon Delegates told to toe the line to avert election upsets
      628 17 Reuters CHINESE COMMUNIST PARTY CONGRESS One Politburo nominee faces big test say sources [BEIJING] China's ruling Communists have quietly told delegates to this week's five-yearly Congress to toe the Party line, apparently to avoid surprise upsets in elections due on
      Reuters; AFP  -  628 words
    • Article
      Lock icon Bubble fears growing with HK's prolonged bull run
      565 17  -  JANE MOIR By in Hong Kong AS Hong Kong's market continues to enjoy a bull run that has seen its benchmark Hang Seng Index (HSI) surge by more than 40 per cent in just two months, fears of a bubble are beginning
      565 words
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      548 17 RRI H fc.!^; Diners Club Card r oapp ac «//64i6 0980 .A W&r/J of Exclusive Privileges Treats (|~|^fc Diners Club Relish the flavours of Jaan's Autumn Menu. Chef Michael Muller expresses his signature style in a sophisticated contemporary French rendition of seasonal flavours. Savour the 3-course Autumn Set Lunch at
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  • INDIA
    • Article
      Lock icon ICICI Venture to float US$2 billion real estate fund
      492 18 Fund will have 10-year tenure, with money invested within three years [NEW DELHI] ICICI Venture Funds Management Ltd is floating a US$2 billion real estate fund the largest in the country according to a report in Business Standard. The fund, which
      492 words
    • Article
      Lock icon Daimler eyes India, Russia truck markets
      276 18 -AFP [FRANKFURT] German automaker Daimler plans to expand its commercial vehicle division in India and Russia, underpinning its position as the biggest heavy lorry manufacturer worldwide, a spokeswoman said on Monday. Daimler has picked a partner for India after months of talks, the Financial
      -AFP  -  276 words
    • Article, Illustration
      Lock icon New rules to benefit SEZs, farmers
      405 18  -  SIDDHARTH SRIVASTAVA Reports show special economic zones are performing well By in New Delhi THE federal government has outlined a new set of land acquisition rules for special economic zones (SEZs) in the country, amid reports that the tax-free industry enclaves are performing well.
      REUTERS  -  405 words
    • Article
      Lock icon Police investigating threat to blow up bourses
      128 18 AFP [MUMBAI] Police in India's financial hub Mumbai said on Monday that they were investigating an email threat to blow up the country's two main stock exchanges. Officials at the National Stock Exchange, the country's largest, received an email on Monday from an
      AFP  -  128 words
    • Article
      Lock icon Tata Consultancy may increase hedging if rupee gains
      261 18 Bloomberg [MUMBAI] Tata Consultancy Services Ltd, India's largest computer-services provider, will consider increasing its hedging against currency fluctuations if the rupee strengthens to more than 39.25 rupees (551.46) against the dollar. "We're on a good wicket when it comes to hedging," chief
      Bloomberg  -  261 words
  • Page 18 Advertisements
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      2312 18 IN THE MATTER OF I INTHE MATTEROFTHE I I THE COMPANIES ACT, CAP. 50 COMPANIES ACT CAP 50 j_. •^P^F^^rt IN THE MATTER OF IN THE MATTER OF tH^ 0.***** 31 HOWDEN SINGAPORE PTE LTD E-MAX APPAREL (SINGAPORE) PTE. LTD. ■•:0..■1. m >. l_^££J Q FUNG CHQ MED A GROUP
      2,312 words
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  • Page 19 Advertisements
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      82 19 vl Quality People At Mitsubishi Electric, we firmly believe that one can never be too old or too experienced. We treasure our employees because they bring value, enthusiasm and talent to our organization. We provide opportunities for them to grow, upgrade and hone their skills. And when they reach their
      82 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Nasdaq partners Shenzhen as it eyes SME listings
      513 20 Reuters Shenzhen exchange prepares to launch market for start-up companies this year [SHANGHAI] Nasdaq Stock Market Inc and its Chinese counterpart, the Shenzhen Stock Exchange, have agreed to cooperate as China prepares to launch its own Nasdaq-style market for start-up firms this
      Reuters; BLOOMBERG  -  513 words
    • Article
      Lock icon Wealthy group growing fastest in S#pore
      365 20  - Wealthy group growing fastest in S #pore VIKRAM KHAN NA By in Seoul SINGAPORE is home to the fastest-growing population of high net worth individuals (HNWIs) in the Asia-Pa-cific, according to a report by Merrill Lynch and Capgemini. The 2007 Asia Pacific Wealth Report released yesterday at the World Knowledge
      365 words
    • Article, Illustration
      Lock icon Tax cuts will boost obs, say Aussie business groups
      446 20 Bloomberg Howard's plan will encourage more people to find work [CANBERRA] Australian business groups said Prime Minister John Howard's plan to cut taxes, announced on Monday as he seeks to win a fifth term in power, will encourage more people to
      Bloomberg; AP  -  446 words
  • Page 20 Advertisements
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      359 20 WHEN IT COMES TO SAFETY, HESITATION CAN BE COSTLY. The Volvo SBO Intelligent Edition. For a limited time, it can be yours from $148,000 with low interest of 1.99%*. Life happens in seconds. Intelligence is the best defence. There's value in safety. And, luxury. When life throws you a curve
      359 words
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  • WORLD
    • Article, Illustration
      Lock icon Durban 2010 and Beyond closes in on win
      421 21 WITH only 18 nautical miles to the finish at 12:00 GMT and a 68 nautical mile lead, the skipper and crew of Durban 2010 and Beyond will be trying not to get too excited as they enter their last few hours of
      Photo: ONEDITION  -  421 words
    • Article
      Lock icon Services to banks, drug firms boost IBM revenue
      543 21 Bloomberg Company expected to say Q3 net income rose 6% to USs2.3sb: survey [ATLANTA] International Business Machines Corp (IBM), the world's biggest computer-services company, may have revived its revenue with orders from banks and drug makers. Sales in IBM's services division, which
      Bloomberg  -  543 words
    • Article
      Lock icon AOL to cut 2,000 jobs worldwide
      417 21 LATWP [NEW YORK] Struggling Internet service AOL said on Monday that it would pare costs by cutting 2,000 jobs, or one-fifth of its global workforce, as part of its transition from a subscrib-er-based business to an online advertising forum. Job cuts will come in
      LATWP  -  417 words
    • Article, Illustration
      Lock icon Iraqi PM calls crisis meeting over Turkish threat
      374 21 ■AFP Turkey is seeking authorisation for a military operation [BAGHDAD] Iraqi Prime Minister Nuri al-Maliki called an emergency cabinet meeting yesterday to discuss Turkish threats to launch an incursion into northern Iraq. The meeting of his government's crisis cell comes as Ankara
      ■AFP  -  374 words
  • Page 21 Advertisements
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      1739 21 LEONGSANTONG Hh^N NOTICE IS HEREBY GIVEN that the Annual General Meeting of LEONG yI Iw SAN TONG will be held on Monday, 29th October 2007 at the office of ums holSgs limited &K&32£* Co- 62 Csdl street #(Uo° TPI Buildinß' Sinsapore (Company Registration No. *****0340R) AGENDA (Incorporated in the Republic
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      Lock icon Page 21 Advertisements Column 2
      23 21 We Are Pleased To Announce A New Name With A New Identity Slliilliooii SUNMOON FOOD COMPANY LIMITED (Formerly known as FHTK Holdings Limited)
      23 words
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  • MOTORING
    • Article, Illustration
      Lock icon VW, Merc diesel cars in biodiesel trial
      634 22  -  SAMUEL EE Second phase of two-year project set to start next month with use of palm oil blend A TRIAL with 13 otherwise normal cars running on biodiesel is due to start next month as part of Singapore's first testbed project involving the
      634 words
    • Article, Illustration
      Lock icon Subaru strategy nets higher volumes
      648 22  -  SAMUEL EE By SUBARU volumes soared this year after prices were capped from the first quarter onwards but the boss of the Japanese dealership would rather put it down to his strategy of "aggressive bidding" of COEs. "We didn't increase the price of the Subaru
      ARTHUR LEE  -  648 words
  • Page 22 Advertisements
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      4 22 Party time... 9 Mil
      4 words
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      Lock icon Page 22 Advertisements Column 2
      91 22 B C AGorgeous i **J^ I OU People j|wv"L"' u"i M wiw»| I. .\k To Derrais I Wear Red V p H£Sl lipstick findings For Whiter W I Teeth Chronometer B l! J\|^CW W~ Kxolir-skln Bags, Throw YourM A Sable-trimmed H BJlnPosh A Scarves,Bcjwellcd Ice-Creatn W B nmepieces And More
      91 words
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      Lock icon Page 22 Advertisements Column 3
      41 22 ||L _fipi— £f*^2\\ |J|L| ME I r-il I IB) -^F s'"' ."> jf lVl"ir/-'l I w WIN f% raic^ffly Resident Evil Movie ft^JogtUE |1| Premiums, Juiced 2 IE ©f 'CJ«/AJp 11 Xbox36o Games KciniiK^^[pl| A Faceplates, LTf~7*^l Stranglehold l^^l Xbox3w Games J;
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  • AVIATION
    • Article, Illustration
      Lock icon A380 the plane worth waiting for
      811 23  -  VEN SREENIVASAN COMMENTARY It takes luxury in the air to new heights for SIA. And if the long-range version appears, it will be especially useful for trans-Pacific flights AFTER seven years since its conception, US$ll biUion in development costs, almost two years of delays,
      811 words
    • Article, Illustration
      Lock icon Jetstar welcomes three-millionth passenger at Changi
      397 23  -  VEN SREENIVASAN Fhe airline has been enjoying better ortunes of late By JETSTAR Asia, the Singa-pore-based low cost associate of Qantas, yesterday greeted its three-millionth passenger at Changi Airport. The lucky passenger, Lee Swee Poh, a 30-year-old IT systems analyst, was feted with $3,333
      DESMOND LIM/THE STRAITS TIMES  -  397 words
    • Article
      Lock icon Bangkok airport gets 42m visitors
      205 23 Bernama [BANGKOK] The number of passengers using services at Suvarnabhumi Airport totalled over 41.8 million in its first year of operation and the total is expected to reach the airport's full capacity of 45 million next year, according to Airports of Thailand (AOT) director Serirat
      Bernama  -  205 words
    • Article
      Lock icon Dutch govt under fire for air tax proposal
      242 23 Bernama [KUALA LUMPUR] The International Air Transport Association (lATA) has condemned the Dutch government's plans to impose further taxes on air passengers. The government is planning to tax passengers departing the Netherlands by air as much as 45 euro (Ss94) citing environmental
      – Bernama  -  242 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2430 23 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 A w Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), E
      2,430 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      320 23 CRYPTIC CROSSWORD ACROSS HH~ HEI HHHVV 7 Eccentric taking a couple of HI HB__HHHHM__^H__HM__HM__^H 9 Send abroad for the old left! HJ potentially good talker? (6) HHHHI bH H^HHH Hd bH bH 11 Nautical clock by New Zea- Hbbb^BßL_HH__BbbbbßbL_Hß_^Bl__M 12 Huddled close or otherwise mm HHHH^ HM *****881 881 B
      320 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Samsung Heavy wins US$1.37b order
      513 24 -Bloomberg Contract is for building of eight vessels for delivery by 2012 [SEOUL] Samsung Heavy Industries Co, the world's sec-ond-largest shipyard, won an order to build eight vessels worth US$l.37 billion, its biggest order this year, as demand increased from marine-cargo transporters. The ships, which
      -Bloomberg; FILE PHOTO  -  513 words
    • Article, Illustration
      Lock icon Capesize rate dips as shipping futures fall
      597 24 Bloomb- [SINGAPORE] Rates for hiring the largest carriers used to transport coal, iron ore and other dry goods fell from a record, tracking declines in shipping futures. Hiring rates for a capesize vessel, which can move 175,000 metric tons of cargo, dropped 0.3
      Bloomb-; FILE PHOTO  -  597 words
    • Article, Illustration
      Lock icon UPS chief Michael Eskew to retire
      643 24 Bloomberg Move may signal major purchase or share buyback [DALLAS] United Parcel Service Inc (UPS), the world's largest package shipping company, said Michael Eskew will retire as chief executive officer and be replaced by chief financial officer Scott Davis. Mr Eskew, 58, will step
      – Bloomberg  -  643 words
    • Article
      Lock icon Daewoo Shipbuilding shares at 3-month high
      237 24 Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest shipyard, rose to a three-month high on the Korean stock exchange on expectations a backlog of orders will spur earnings growth this quarter. The shares climbed 4.5 per cent to 62,300 won as
      – Bloomberg  -  237 words
    • Article
      Lock icon Background checks for US port workers
      142 24 Bloomberg [WASHINGTON] The first of one million US port workers will sign up tomorrow for criminal background checks and federal identity cards under an anti-terror-ism programme created three months after the Sept 11, 2001, attacks. About 5,000 truckers, longshoremen and other workers at the
      Bloomberg  -  142 words
    • Article
      Lock icon Pirate attacks up 14% globally this year
      236 24 Pirate attacks up 14% g lobally this year -AP [KUALA LUMPUR] Maritime pirate attacks worldwide shot up 14 per cent in the first nine months of 2007 from a year earlier, with Somalia and Nigeria showing among the biggest increases, an international watchdog said yesterday. While Africa remains problematic, the
      -AP  -  236 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 24 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.96 0.37 7.00 1.25
        112 words
      • Article
        Lock icon KLSE
        36 24 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.55 9.75 9.80 4.94 2.89 0.25 2.40 -0.04 -0.15 -0.05 0.12 -0.01 -0.02 0.11 209! 112' 97' 261} 25! 2: 4:
        36 words
      • Article
        Lock icon BANGKOK
        7 24 '00 ■recious Ship .37.00 -1.50 246:
        7 words
      • Article
        Lock icon HONGKONG
        12 24 '000 Doil iingamas Cont 77.60 4.25 -4.15 -0.15 951 si i:
        12 words
      • Article
        Lock icon PHILIPPINES
        21 24 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.30 40.50 2.00 unch unch -1.50 -0.02 unch 87' 150 2<
        21 words
      • Article
        Lock icon TAIPEI
        21 24 Evergreen Marine ...33.10 :irst Steamship 90.00 /Van Hai Lines 30.45 r"ang Ming Marine...28.80 -0.35 -4.50 -0.30 0.05 3' 1( 2
        21 words
      • Article
        Lock icon TOKYO
        36 24 '000 :awasaki Hvy Ind ..432.00 -3.00 1851' :awasaki Kisen ....1718.00 -26.00 577: /litsubishi Hvy 710.00 -4.00 ***** /litsui Eng&Sbldg...715.00 -1.00 763! /litsuiOsk Lines ...1997.00 -23.00 762! Jippon Express 611.00 unch 623< lipponYusen 1238.00 -19.00 589:
        36 words
  • Page 24 Advertisements
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      21 24 International Ship Classification INTEGRITY SERVICE QUALITY WMWffISHHH T*^ Keeping you ISCIQSS af Me forefront i:sfife^ of maritime safety, l|J§z environmental protection
      21 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Malaysia should tackle fiscal deficits
      499 25 MALAYSIA'S exports grew marginally in August, up from an actual contraction in July. Even so, it was the first expansion in three months, and set against a backdrop of a still-robust world economy, this should be mildly unsettling for the country's policy-makers. But what should
      499 words
    • Article, Illustration
      Lock icon The rush to stake claim to the 'central country'
      853 25  -  TILL VESTRING ORIT GADIESH, PHILIP LEUNG Both MNCs and Chinese companies know that capturing the 'middle market' is critical By and A CRITICAL new battleground is emerging for companies seeking to establish, sustain or expand their presence in China: it's the
      REUTERS; & Company  -  853 words
    • Article, Illustration
      Lock icon Shifting hues on Britain's political landscape
      801 25  -  NEIL BEHRMANN THE BOTTOM LINE IN the past fortnight, the British political landscape has changed from red to blue. So much so that there is a good chance that the Labour Party will lose the next election which must take place by 2010. As
      801 words
    • Article, Illustration
      Lock icon Jakarta's poor need jobs, not laws
      840 26  -  THANG D NGUYEN Outlawing begging will not help as it is the job of the government to pursue policies which create jobs for its citizens By" JAKARTA] In other parts of the world, giving a few coins to help a less fortunate person would
      AFP  -  840 words
    • Article, Illustration
      Lock icon PM's nuclear-energy U-turn lets India down
      851 26  -  ANDY MUKHERJEE A lack of electric power is the biggest hurdle to sustaining 9% economic growth in the country, but he is giving in on the nuclear accord with the US to try to save his govt FOR two years, Indian Prime Minister Manmohan
      AFP  -  851 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7826 27 Transaction date: Oct 16 Hii Low Code Com[ Sale t'ooo) Hi. Low B'l Seller C'vr P/E Sinii 3.5 2 5716 1st Software i I 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF ii 27 14 1100 AEM 42 10 2101 APOil 22 7.5 3100 ASAGrp
      7,826 words
    • Article
      Lock icon SGX XTRANET
      72 27 Hii |h Low Code Comi >arr Sale Cooo) Hii Low Bui rer Seller C'vr P/E $mil 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDP.S 3983 2690 6235 STI ETF 100 3977.9
      72 words
    • Article
      Lock icon SGX SESDAQ
      2085 27 Hii Low Code Comi Sale Cooo) Hii Low Bu' Seller C'vr P/E $mi 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 24.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 10.5 1524 Alantac 22.5 8 7814 Albedo 46.5 27 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp 44.5
      2,085 words
    • Article
      Lock icon CLOB INTERNATIONAL
      219 27 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      219 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      77 27 l_Biß!_§^--!531R5§l phoenix Y >«\V Australia I 10< 'O^' s—>l \j France lot Make an affordable call l\\ XL t/ Y/n) .PPWWHIWWIPPIIPIiWMIjipBPPPBIBB Germany gk 10c M I W 71 Malaysia fe^ 10« _\\7 vh V '.----PIWiWiIPIIWiiIWIWIIWIiWiIWIIIPPIIIiiIB New Zealand lot "66 Subscribe Now! \y n-inb H -_^^*#^i*t*^nVl J^l '.."'X'Tl^.ii' JV-.M ".^lni'mt^!.^.....^ South
      77 words
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  • FINANCE & COMMODITIE!
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      383 28 Octls In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminan 1194.2 -0.7 8.5 -0.5 7.2 -0.6 12.3 t EAFE Preliminan 1186.4 -0.7 7.1 -0.4 8.2 -0.4 13.3 Euroi Prel liminan 1608.5
      383 words
    • Article
      Lock icon PALM OIL
      66 28 Oct 16 KLCE PALM FUTURES (RIV Delivery Opening Month Range M/MT) Sett Av Price Price Hii Vol Open Done Position Low Nov07 2790 2845 2854 2790 1442 ***** Dec 07 2742 2795 2814 2742 3101 ***** Jan 08 2728 2767 2791 2725 8229 ***** Feb OS 2712 2750
      66 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 28 Oct 16 ten Hii Sett STI SIMSCI Oct 474.7 475 466.9 Taiwan Oct 366.6 375.3 371.3 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 OctiS SS Bid Offer 1-month 1.4627 1.464 2-months 1.4595 1.4609 3-months 1.4561 1.4575 6-months 1.4480 1.4494 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      151 28 Octl6 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3030 1.3046 0.8887 0.8891 Canadian dollar 1.4969 1.4983 1.0209 1.0211 Euro 2.0767 2.0789 1.4164 1.4168 NZ dollar 1.0964 1.0981 0.7478 0.7484 jterlini ind 2.9839 2.9865 2.0351 2.0354 US dollar 1.4662 1.4673 S$IUS$
      151 words
    • Article
      Lock icon SICOM FUTURES
      283 28 Oct 16 tUBBER Futures (Closing prices) !SS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest MOV07 Dec 07 Ian 08 :eb08 Via r 08 <\pr/Jun 08 347.00 345.50 347.25 347.75 348.50 351.75 RSS 3 (US cents/kg) Month Hig gli Low Sett Volume (tonnes) Open
      283 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      125 28 As at 9am Oct 16 )i foreign currency: lurrencies Bid Offer ujst dollar 1.3100 1.3250 .an dollar 1.4940 1.5120 luro 2.0730 2.0970 IZ dollar 1.1090 1.1320 iterlini ind 2.9810 3.0150 IS dollar 1.4600 1.4760 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer Ihi
      125 words
    • Article
      Lock icon INTERBANK RATES
      163 28 Oct 16 $S_ Offer Bid Overnight 2 3/8 1-month 2 13/32 2-months 2 7/16 3-months 2 15/32 Overnight mode: 2.28 US$ Offer 2 1/4 2 9/32 2 5/16 2 11/32 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.95 5.10
      163 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 28 Oct 16 AS CS Rmb Euro HKS Ind Rs Ru ih Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.871 6.681 0.627 6.892 34.987 80.534 1.039 8.155 3.009 1.188 53.938 39.423 1.304 6.111 1.052 29.047 30.360 0.437 0.889 Canada 1.149
      469 words
    • Article
      Lock icon PRECIOUS METALS
      139 28 Oct 16 GOLD (USS/oz) Oct 16 Oct IS Hong Kong London 761.30 754.50 762.30 755.50 Oct 15 Oct 12 755.90 747.60 756.60 748.20 Source: Reuters CAST BAR (SJ) Oct 16 Buying Sellini Kilobar "38,579.92" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      139 words
    • Article
      Lock icon SIBOR
      76 28 Oct 16 1 mth 5.***** 2.***** 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 5.***** 2.***** 12 mths 5.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
      76 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 28 Oct 16 in:M^uni Period DILLS Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****X 17.01.08 1-Year BY*****A 29.09.08 2.30 2.16 2.25 2.25 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hi< 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F
      89 words
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      Lock icon LONDON METALS
      69 28 Oct 15 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2440.80 2453.00 3 months 2493.00 2505.00 Copper, Grade A (US$/tonne) Cash 3 months 8204.50 8150.00 8112.50 8065.00 Lead (US$/tonne) Cash 3918.00 3 months 3815.00 3921.00 3820.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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      Lock icon LIFFE
      82 28 Oct 15 COCOA (£/tonne) Close Prev Hii ih/Low Dec 07 940 932 Mar 08 954 946 May 08 964 957 Jul 08 975 968 944/928 958/941 967/954 974/965 COFFEE (US$/tonne) Close Pev High/Low Nov07 2075 2150 2168/2055 Jan 08 1799 1855 1865/1762 Mar 08 1789 1819 1827/1740 May 08
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      Lock icon CHICAGO BOT
      103 28 OctiS SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 987.00 976.75 992.00 981.50 Jan 08 1005.75 995.25 1009.50 1000.00 Mar 08 1018.50 1007.75 1023.00 1014.00 May 08 1023.50 1012.00 1026.00 1017.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 40.06 39.53 40.16 39.86
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 28 CRUDE OIL PRODUCTS Oct 15 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 81.53 1.47 WTI (Near Mth) 86.16 2.43 Dubai (1-Mth F) 76.13 1.15 Tapis blend 86.4 1.35 Minas 83.8 1.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 79.67 95.25 0.22 1.25 US$/barrel Opec Oil
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      Lock icon SGX DERIVATIVES TRADING
      342 28 Oct 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO7 MarO8 JunO8 SepO8 95.050 95.275 95.420 95.485 0 0 0 0 ***** ***** 5018 9938 EUROYEN FUTURES DecO7 99.115 99.125 MarO8 99.065 99.075 JunO8 99.035 99.045 SepO8 98.975 98.990 DecO8 98.895 98.910 MarO9 98.830 98.840B JunO9
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      Lock icon BONDS & WARRANTS
      3367 28 BONDS WARRANTS [el lode Com| Last Sale Vol Conv Exer +or- ('OOP) Ratio Price >rem Expiry Disc Gear- Mths ing Left taw >058 Advance Modules GrpW*****3 >036 Advance SCT Ltd W*****9 >835 Allgreen RBeCW*****6 5798 Ascendas REIT SGA ECW*****3 1105 #AsiatravelW*****7 1436 AusGroup MBL ECW*****4 >853 AusGrpMBLeCW*****0 3341 BukitSembawangW*****3 1437
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      2415 29 m The Business Times mmm Shipping Times B^^bl Br I B.^^^^Vt r^^^^^^^B] KgEM IgHSt^B a"BJ gjifcya. .M UK CONTINENT SERVICE U.S.A SERVICE TOtfj|lWO Destination Destination ||jgg STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVCE I VESSEL/VOY I RAMPQCT) HEIGHT(M) PKG KCH LCB I SIN I JKT Loads Singapore, E./W. Malaysia,
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      3756 30 WAN HAI INTERNATIONAL PTE LTD crNO: **********0/R I 17 A CTFDM T\ D f IMI7D I XT* fm& ri_| r^ S~*C A %TTri\ ihi U n...* TEL*****588 (14LINES) FAX:*****163 I N mr JtL A.^ 1 IIKJ> tAK JLIINJC-JK, LIU WB} > J L^T f j K^V//»/> V\\MN\A|AM lIAI INFV Customer
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      3574 31 WmM H R H SI HI I ESI Nordana (Asia) Pte Ltd uf;T.@lt.Tl 7 I Figi GLORY NAVIGATION GROUpI E3 EX E3 B^^M 70 Shenton Way, #21 -03 Marina House Singapore *****8 fKy^^\ NORTH WEST EXPRESS LINE owns operates the youngest fleet (■■■■■■■■■■■■■■■■■■■■■■■■PHlBHipiipHHailipiHPaßippal MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS
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      4182 32 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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  • EXECUTIVE MONEY
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      Lock icon Making that next crash insignificant
      1033 33  -  JOHNFWASIK Bloomberg Shield your money to ensure that you won't be devastated by what markets do in any particular time period By lii 11 WCIC JUU UUiiig and feeling during the 1987 stockmarket crash, which will be 20 years ago this week? Having married just
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      Lock icon HK stocks look a bargain even as Hang Seng hits a record
      698 34 Bloomberg They look cheap compared to Shanghai, say funds [HONG KONG] Hong Kong's most expensive stock market in three years looks cheap to investors at Templeton Asset Management and Baring Asset Management. The Hang Seng Index, dominated by
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      Lock icon Investors' short memory is worrying
      1010 34  -  WONG SUI JAU Granted, the sub-prime crisis has passed. But the US economy has other major problems. So it's advisable to be prudent V HAT a difference two months makes. In mid-August, the sub-prime loans scare had just rocked markets around the world, causing them
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      Lock icon Exchange race
      1105 35 Anybody can trade foreign exchange and make money, but it's not an easy task, top Deutsche Bank official tells GENEVIEVE CUA CAN individuals trade foreign exchange and make money consistently? K Duker, Deutsche Bank head of global liquidity services (Asia Pacific), believes so. But banish any notion that
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      Lock icon Expected volatility may hit investors: Principal Global CEO
      518 35 They should diversify portfolios in this period of increased volatility, he says JIM McCaughan, chief executive of US asset manager Principal Global, has turned cautious on the market, warning that expected volatility could cause worried investors to exit at a loss. His
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      78 35 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT PRIVATE BUSINESS CLIENTS Our advice puts our clients stage. A Passion to Perform. DeutSChe Bank \^A For more information: www.db.com. This advertisement has been approved and/or communicated by Deutsche Bank AG and appears as a matter of record only. The services described
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