The Business Times, 22 August 2008

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Microfilm: NL29449
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mSS* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Friday,August22,2ooB
    20 words
  • Article
    Lock icon Key barometer signals deeper US gloom
    553 1 AP, Reuters, Bloomberg Slide in Conference Board's widely-watched index is much more than a Wall St consensus estimate [NEW YORK] In a sign of further US economic unravelling, the index of leading US economic indicators plummeted 0.7 per cent in July to the lowest
    AP,; Reuters,; Bloomberg  -  553 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 lursi iam ICOMP 1,071.43 -1.78 IIKKEI 225 12,752.21 -99.48 JANG SENG 20,392.06 -539.20 ;et INDEX 676.53 -13.52 JAKARTA COM P 2,088.25 -1-18.55 IANILACOMP 2,656.92 -24.74 ;eoulcomp 1,512.59 -28.12 ;henzhen B 379.66 -11.28 IUMBAI IND 14,243.73 -434.50 NOON EDT Cham )OW 11,389.10 -28.33 IASDAQ 2,374.79 -14.29
      46 words
    • Article
      Lock icon PRIME RATES
      28 1 SINGAPORE 5.38 MALAYSIA 6.72 HONGKONG 5.25 INDONESIA 15.676 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 4.09 INDIA 13.75 Source: Bloomberg
      Bloomberg  -  28 words
    • Article
      Lock icon FOREX
      40 1 IS$ (S$ per US$) 1.412 (US$/S$ per 1.865 2.633 :uro (USS/SS/E) 1.480 2.089 'EN 108.90 77.20 3.342 2.367 IK$ 7.808 5.531 !AHT 33.93 24.03 lUPIAH 9,151 6,482 1ENMINBI 6.844 4.848 INDIAN RUPEE 43.49 30.81 1.146 0.812 IZ$ 1.400 0.992
      40 words
  • Article, Illustration
    Lock icon Two new faces in Singapore billionaire list
    625 1  -  CONRAD TAN Wilmar's success and soaring Sing make list longer By [SINGAPORE] Singapore now has seven US-dollar billionaires, up from five last year, according to the latest list of the 40 richest people here published by Forbes. But the combined net worth of
    625 words
  • Article, Illustration
    Lock icon Jinxed batons run in threes
    56 1 [BEIJING] Ifs not supposed to happen and when it does it's a nightmare. Yesterday, botched baton handoffs in the qualifying heats eliminated not one but three Olympic teams the US men's and women's 4xloo metre relays (left), and the defending men's champion Britain. What a
    REUTERS  -  56 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      72 1 EXECUTIVE ■|P PfIH-: TEMASEK x#Bbf HOME LOANS BE INSPIRED I —I LIFESTYLE It's willing to pump m A transparent package Zap for daily inspiration. Hangouts for the more into Merrill pegged to Sibor Win a Zegna Sport super-rich page 32 timr I page 3 JwA m PAGESB i-PodJacket! pages ■IF
      72 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Cooling property market takes a seat at SLA auction
      525 2  -  EMILYN YAP Only four of eight in-fill sites launched for residential use were eventually sold By [SINGAPORE] The wait-and-see attitude that buyers have adopted in the cooling property market was evident at a Singapore Land Authority (SLA) auction yesterday. Some 200
      JOSEPH NAIR  -  525 words
    • Article
      Lock icon CFO gets new role in DBS reshuffle
      504 2  -  CONRAD TAN By Jeanette Wong to return to the frontline; Chng Sok Hui to replace her [SINGAPORE] DBS Group chief financial officer of five years, Jeanette Wong, will be replaced by head of group risk Chng Sok Hui in the most senior management
      504 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Cooling property market evident at SLA auction
        77 2 The wait-and-see attitude that buyers have adopted in the cooling property market was evident at a Singapore Land Authority (SLA) auction yesterday. Only four of eight in-fill sites launched for residential use were sold, for a total of $13.8 million. In-fill sites are
        77 words
      • Article
        Lock icon Temasek willing to pump more into Merrill Lynch
        76 2 JUST a month after it injected an additional US$9OO million in US securities firm Merrill Lynch, Temasek Holdings has indicated it may raise its stake again in the troubled bank. The investment company's chairman S Dhanabalan said yesterday that it would be
        76 words
      • Article
        Lock icon Chemoil buys 64% stake in Philippine tankfarm
        47 2 MARINE fuels supplier Chemoil Energy has acquired a 64 per cent stake in a Philippine oil terminal for US$l3.3 million, and plans to use it as a springboard to expand into China, Hong Kong and Taipei. COMPANY NEWS, PAGE 4
        47 words
      • Article
        Lock icon FJB profit falls 31% to $15m
        56 2 FASHION and lifestyle group FJ Benjamin (FJB) posted a 31 per cent drop in net profit to $14.8 million for the full year ended June 30 due to the absence of currency translation and net exceptional gains of $8.8 million it saw in the
        56 words
      • Article
        Lock icon Qualitas launches IPO at 25 cents a share
        51 2 QUALITAS Medical Group Ltd yesterday launched an initial public offer of 22 million new shares at 25 cents each for a listing on the SGX Catalist board.The IPO comprises 1.1 million public offer shares and 20.9 million placement shares. COMPANY NEWS, PAGE
        51 words
      • Article
        Lock icon Stanchart launches transparent home loan pegged to Sibor
        61 2 STANDARD Chartered Bank has upped the ante in the mortgage market here with a new transparent home loan pegged to the Singapore interbank offered rate (Sibor). Mortgage One Sibor loans will be priced at 0.8 per cent a year above the three-
        61 words
      • Article
        Lock icon More flexible guidelines for M'sian Reits
        43 2 MALAYSIA has announced new real estate investment trust (Reit) guidelines that would give Reit management companies greater flexibility to manage and expand their portfolios, but left the issue of its uncompetitive withholding taxes untouched. MALAYSIA, PAGE 10
        43 words
      • Article
        Lock icon US Treasury more likely to bail out Fannie, Freddie
        79 2 US Treasury Secretary Henry Paulson last month described a proposed federal backstop authority for Fannie Mac and Freddie Mac as a "bazooka" whose mere presence would silence market unrest over the viability of the two mortgage finance giants. But just weeks
        79 words
    • Article
      Lock icon A phantom solution?
      353 2  -  HUGO DIXON By COULD "phantom equity" be the solution to the problem of how to incentivise people working in financial supermarkets? ÜBS certainly hopes so. The Swiss group consists of a wealth management unit, an investment bank and an asset management arm. At present, employees receive a
      353 words
    • Article
      Lock icon Decision, details in Q4
      152 2 ÜBS is considering giving "phantom equity" to its employees allowing them to participate in the value creation of their business units, breakingviews has learned. A working group led by Juerg Haller, chairman and CEO, ÜBS Latin America, has been tasked with determining whether to initiate such
      152 words
    • Article, Illustration
      Lock icon Temasek willing to pump more into Merrill Lynch
      660 3  -  LEE U-WEN It was aware at time of investing that Merrill could plunge before rebounding By [SINGAPORE] Just a month after it injected an additional US$9OO million in US securities firm Merrill Lynch, Singapore's Temasek Holdings has indicated that it may raise
      LIM WUI LIANG/THE STRAITS TIMES  -  660 words
    • Article, Illustration
      Lock icon Qantas bucks trend with solid showing
      601 3  -  YEN SREENIVASAN Sawy management of funds results in 34% rise in profit By [SINGAPORE] At a time when other carriers are posting dismal earnings amid soaring fuel costs and falling traffic, Australia's Qantas has surprised the market with a solid 34 per cent rise
      601 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
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      218 words
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      Lock icon Page 2 Advertisements Column 2
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      38 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      193 3 I lID DQ j V^ i Awaken your turbo gene. There's a turbo gene in all of us. It's the reason why we are built for speed. Bring out your true calling for power with the Saab range. The Saab 9-3 Sport Sedan offers exceptional performance, with 210bhp on tap
      193 words
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  • COMPANY NEWS
    • Article
      Lock icon Chemoil buys 64% stake in tankfarm
      610 4  -  RONNIE LIM Firm plans to use the Philippine facility to help it expand into China By MARINE fuels supplier Chemoil Energy has just acquired a 64 per cent stake in a Philippine oil terminal for US$l3.3 million, and plans to use it as a
      610 words
    • Article
      Lock icon Market could do with Wing Tai plainspeak
      814 4  -  KALPANA RASHIWALA WHEN Wing Tai Holdings holds its fourth-quarter and full-year results briefing next Tuesday, it will be the last of the major Singapore-listed property groups to announce results for the period ended June 30, 2008. Net earnings are expected to be lower
      814 words
    • Article, Illustration
      Lock icon Companies should disclose non-financial information: PwC
      538 4  -  LYNETTE KHOO By IN financial reporting, the devil is often in the details not just in the accounting details, but in the terms and conditions of business agreements, said PricewaterhouseCoopers partner Kok Moi Lre. This is why companies should go beyond the reporting of
      538 words
    • Article
      Lock icon CityDev issuing 1 st tranche of Islamic bonds by year end
      364 4  -  UMA SHANKARI By CITY Developments said yesterday that it will issue the first tranche of Islamic bonds by the end of the year, as it looks to build up its war chest. Singapore's second-lar-gest developer announced last week that
      364 words
    • Article, Illustration
      Lock icon Union Steel earnings treble to $25.1m
      325 5  -  OH BOON PING It expects growth to be moderate this financial year By UNION Steel Holdings more than trebled its net income to $25.1 million for the full year ended June 30, 2008 from $8.05 million for the preceding financial year. The surge, despite
      325 words
    • Article
      Lock icon FJB net profit falls 31% to $14.8m
      478 5  -  NISHA RAMCHANDANI Drop due to absence of translation and exceptional gains seen in FY2007 By FASHION and lifestyle group FJ Benjamin (FJB) posted a 31 per cent drop in net profit to $14.8 million for the full year ended June 30 due to
      478 words
    • SINGAPORE MARKETS
      • Article, Illustration
        Lock icon Selling resumes after one-day break
        555 6  -  R SIVANITHY STOCKS ST Index plumbs lowest close in almost two years with 38-point descent BROKERS would have been better off staying at home yesterday, or if they were at work, watching the Olympics on TV instead of stock prices on their trading terminals. This
        Bloomberg  -  555 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        91 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 10 4 0 0 0 2 10 4 lanufacturing 28 86 53 11 36 92 64 Commerce 13 29 24 16 34 27 'pt/Stor/Comms 27 29 10 ■inance 19 19 Construction 11 13 'roperties 26
        91 words
      • Article
        Lock icon SECURITIES TRADING TURNOVER
        117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 13,258 13,258 77,047 77,047 lanufacturing 218,087 13,755 231,842 184,341 1,385 185,726 lommerce 41,367 5,362 46,729 55,250 1,995 57,245 'pt/Stor/Comms 62,632 249 62,881 187,888 48 187,936 :i nance 28,379 34 28,413 203,752 203,754 lonstruction 27,450 11,450 38,900 3,155 253 3,408
        117 words
      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        107 6 lapitaLand 4.480 -0.110 lapitaMall 2.760 lityDev 10.200 +0.060 losco Corp 2.100 -0.080 IBS Grp 17.720 -0.240 :&N 4.210 -0.050 Sent Intl 0.500 -0.005 IK Land 3.640 -0.090 ISH 15.880 -0.040 lardineC&C 17.420 +0.140 Ceppel Corp 10.280 -0.080 Ceppel Land 3.860 -0.170 IOL 2.370 -0.120 loble Grp
        107 words
      • Article
        Lock icon BROKERS' TAKE
        983 6  -  LYNETTE KHOO Singapore Press Holdings Aug 21 close: $4.06 DBS Group Research, Aug 21 STRONG July adex growth: Nielsen Media's latest advertising expenditure (adex) figures show that SPH's newspaper display and classified ad volumes for July 2008 grew by 12.6 per cent y-o-y. For SPH's 11 months to
        983 words
      • Article, Illustration
        Lock icon US dollar retreats as oil prices rise again
        518 6  -  LARRY WEE CURRENCIES HIGHER oil prices prompted the US dollar to return to lower ground once again yesterday, forcing it to re-test an important support area versus the Japanese yen in Asia yesterday. Both the Brent and Nymex crude for October 2008
        Reuters  -  518 words
      • Article, Illustration
        Lock icon STRAITS TIMES INDEX
        4 6 DAILY
        4 words
      • Article
        Lock icon OTHER SINGAPORE INDICES
        59 6 Aug 21 CLOSE VALUE IT OB/OS -1086.00 +5.C IT CADI -*****.00 -176. IT 10-day MA -*****.00-109.0i TSE ST Mid Cap 642.15 -9.5. TSE ST Small Cap 523.17 -9.o: TSE ST All Share 676.60 -9.8! TSE ST China Top 335.66 -12.1 TSE ST China 328.58 -10.2 IOB Catalist
        59 words
      • Article
        Lock icon MOST ACTIVE STOCKS
        58 6 VOLUME Yanqzijianq 41,514,000 Ferrochina 22,264,000 Sing Tel 16,764,000 JiutianC 16,230,000 Capita Land 16,212,000 Golden Agri 16,200,000 Global Voice 15,994,000 China Honqxinq 15,318,000 CoscoCorpMßLeCWo9o2o3 12,785,000 ChinaNTown 12,145,000 VALUE(S) Capita Land 72,951,410 S I A 64,155,718 Sing Tel 57,459,330 DBS Grp 56,595,460 Keppel Corp 53,518,600 OCBC Bk 46,980,621 UOB
        58 words
      • Article
        Lock icon RISES
        104 6 CLOSE UP 8075 128.5 1.1 LD 10US$ 'PC 566 20.0 3. lardine C&C 1742 14.0 0.: reat Eastern 1500 10.0 0. IOBMBLJCW*****0 550 8.0 1. leteLusion 14 7.0 100.' 'enture Con 950 7.0 0. At 1020 6.0 0.' iBS Bk6% NCPS 10 ***** 6.0 0.1 ;TI 2950BNPePW*****8 39 6.0
        104 words
      • Article
        Lock icon FALLS
        118 6 CLOSE DOWN China H 10US$ 1399 -59.3 -2.9 DBS MBLJCW*****0 399 -56.0 -12.3 BMT 1770 -50.0 -2.7 India Ni 10 1398 -36.0 -2.5 SGX MBL JCW*****3 154 -34.0 -18.1 JMH 2880 -28.2 -0.7 SIA 200 1480 -28.0 -1.9 iBS Gr| 1772 -24.0 -1.3 DBS MBL iCW*****3 515 -23.0 -4.3
        118 words
      • Article
        Lock icon CURRENCIES
        83 6 Where S$ stands Aug 21 CHNG CLOSE FRAug20 YR2008 S$ LOW S$ HIGH USS 1.4125 0.25 1.4542 1.3457 Euro 2.0867 -0.16 2.2064 2.0474 Pounds 2.6376 -0.27 2.8431 2.6148 AS 1.2265 0.33 1.3251 1.2075 Yen* 1.2979 -1.00 1.4484 1.2619 Rupiah* 0.***** 0.14 0.***** 0.***** Baht* 4.1630 -0.34 4.4299 4.0190 Peso*
        83 words
    • Article
      Lock icon Qualitas offers 22m shares at 25 cents apiece
      428 7  -  RACHEL SIM Bulk of IPO proceeds will go to expansion in Malaysia, India and the region By QUALITAS Medical Group Ltd yesterday launched an initial public offering (IPO) of 22 million new shares at 25 cents each for a listing on Catalist.
      428 words
    • Article
      Lock icon Yellow Pages to publish luxury magazine in S-EA
      144 7 YELLOW Pages (Singapore) has signed a licence agreement with US-based CurtCo Robb Media to publish Robb Report in five countries in South-east Asia Singapore, Malaysia, Indonesia, the Philippines and Brunei. Now in its 32nd year, Robb Report is said to be the
      144 words
    • Article
      Lock icon Lum Chang wins $76.5m contract from A-Reit
      261 7  -  UMA SHANKARI By ASCENDAS Real Estate Investment Trust (A-Re it) has awarded a $76.5 million de-sign-and-build contract to a unit of Lum Chang Holdings for the construction of a new eight-storey tower and a three-storey ancillary podium in Changi Business Park. The building
      261 words
    • Article, Illustration
      Lock icon Hersing, global property fund ink storage MOU
      249 7 It plans to expand self-storage business in region and Spore HERSING Corporation said yesterday that it has signed a non-binding memorandum of understanding with a leading global real estate fund for a proposed joint venture relating to Hersing's self-storage business. Hersing, through wholly
      FILE PHOTO  -  249 words
    • COMPANY BRIEFS
      • Article
        Lock icon OCBC raises issue size of preference shares
        61 7 OCBC said it has increased the issue size of its OCC (2008) Preference Shares to $1.5 billion from $1 billion after it decided to exercise the upsize option of $500 million to meet strong demand for the placement tranche. It has stopped accepting
        61 words
      • Article
        Lock icon ComfortDelGro unit scraps acquisition plan
        54 7 through the ATM remains open for applications from investors till 12 noon on Aug 26. ComfortDelGro Corp said yesterday its Australian unit ComfortDelGro Cabcharge Pty Ltd had scrapped a plan to buy bus builder Custom Coaches Pty Ltd after completing due diligence. The company did
        54 words
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      Lock icon Page 4 Advertisements Column 1
      52 4 Casalino i t^ FC^K.GIORMANI e|£m3 i p^HLuxury Sofas *~^^^tC Sfcs^ lHflfeHfe!^^^& Mira Emilia Tretorio Dittorio IMTERNATIONAL y ™^l.iui««i Germany USA Italy Italy Germany FURNITURE CLUB Furniture Mall #02-22/23/24 7500 D Beach Rd The Plaza Blk D Spore *****4 Tel: *****833 IMM Building #03-30 No. 2 Jurong East St.2l Spore *****1
      52 words
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      Lock icon Page 4 Advertisements Column 2
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      211 words
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      19 5 Win a Zegna Sport i-Pod Jacket worth $2,500! 11 iiy. "I r m ml l W J ZegnaSport ZaDCod™e
      19 words
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      Lock icon Page 5 Advertisements Column 2
      465 5 This award recognises research scientists and engineers who have made JH outstanding contributions in basic research leading to the discovery of new Jjk ftStfk mht knowledge or the pioneering development of scientific or engineering techniques v fl !^J «J; and methods. mf> g& > from left to right \^k- Wk
      465 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Stanchart launches transparent home loan pegged to Sibor
      492 8  -  LYNETTE KHOO Package has offset feature interest earned on deposit can cut loan interest By STANDARD Chartered Bank has upped the ante in the mortgage market here with a new transparent home loan pegged to the Singapore interbank offered rate (Sibor). The
      492 words
    • Article
      Lock icon Aerospace and energy sectors get boost from Spring
      287 8  -  NISHA RAMCHANDANI By SPRING Singapore is spearheading a series of initiatives to develop the testing and certification (T&C) services in Singapore to meet expected demand as well as address specific gaps in growing sectors such as aerospace and energy. "In today's world,
      287 words
    • Article, Illustration
      Lock icon Singapore's best and brightest honoured at NSTA dinner
      569 8  -  i DIONDI TAN By SEVENTEEN of Singapore's best and brightest received awards from Trade and Industry Minister Lim Hng Kiang yesterday at the Singapore 2008 National Science and Technology Awards (NSTA) presentation dinner. Among other honours, two National Science and Technology Medals
      569 words
    • Article
      Lock icon New maternity benefits to start from Aug 17
      317 8  -  LYNETTE KHOO By THE government said it has decided to change the qualifying date for the Baby Bonus and other measures in the enhanced Marriage and Parenthood (M&P) Package to Aug 17, the date when Prime Minister Lee Hsien Loong announced the
      317 words
    • Article
      Lock icon Q2 domestic wholesale trade up 25.4%
      197 8 Reuters [SINGAPORE] Singapore's second quarter domestic wholesale trade rose 25.4 per cent from a year ago, slower than a 26.5 per cent gain in Ql, as sales of petroleum and related products continued to rise. The expansion in domestic wholesale trade, a barometer of
      Reuters  -  197 words
    • Article, Illustration
      Lock icon Through the looking glass: a different view on life
      287 8  -  DIONDI TAN By FOLLOWING an inaugural show in 2006, a new series of photographs shot by disadvantaged Vietnamese children will be exhibited at the Arts House from Aug 21-27. Titled "New Perspective", the 45 colour and black-and-white shots cover many topics
      287 words
  • Page 8 Advertisements
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      546 8 IN THE MATTER OF In the Matter of THE COMPANIES ACT, CAP. 50 T he Companies Act, Cap.so IN THE MATTER OF And COMPASS LLC In the Matter of (In Members' Voluntary Liquidation) p CA TRADING PTE LTD Reg No. *****1152H IK? LIU NOTICE OF RESOLUTIONS ln M«m°er* Voluntary At
      546 words
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      19 8 Lianhe Zaobao I Hit by the weak I property market Naniing developers turn to ST U £jfct tk vtykt
      19 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Bank Negara denies rumours of Zeti quitting
      471 9 -Reuters [KUALA LUMPUR] Malaysia's central bank denied yesterday that its chief Zeti Akhtar Aziz was to resign amid pressure from markets to deliver an interest rate hike for the first time in more than two years. Malaysia, alone in South-east Asia, has held
      -Reuters; REUTERS  -  471 words
    • Article
      Lock icon High import costs hit Japan's trade surplus
      620 9  -  ANTHONY ROWLEY Exports seen to be worsening; hopes of any major stimulus package dashed By in Tokyo A PRE-OLYMPICS boost in demand from China enabled Japan's exports to recover somewhat in July following their first fall in five years during the previous month.
      620 words
    • Article
      Lock icon Thai finance ministry says no conflict with central bank
      564 9 Reuters King Bhumibol backs central bank in interest rate spat [BANGKOK] Thailand's Finance Ministry said yesterday that it wo lid let the central bank work independently, markedly toning down its rhetoric in a spat about interest rates after the bank received
      Reuters  -  564 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon More flexible guidelines for M'sian reits
      680 10  -  PAULINE NG More leeway for expansion, but withholding taxes not addressed By in Kuala Lumpur MALAYSIA has announced new real estate investment trust (Reit) guidelines that would give Reit management companies greater flexibility to manage and expand their portfolios, but left the issue of
      BLOOMBERG  -  680 words
    • Article
      Lock icon Wariness paying off for Sime Darby as it fends off unpromising projects
      736 10  -  S JAYASANKARAN By _j in Kuala Lumpur A NEW caution on Sime Darby's part could be the saviour of its share price going forward. Once the darling of the stock exchange, Malaysian multinational Sime Darby is a shadow
      736 words
    • Article
      Lock icon Going against conventional wisdom
      325 10  -  S JAYASANKARAN By in Kuala Lumpur WHEN Tan Teng 800 listed icapital.biz on the Kuala Lumpur Stock Exchange in October 2005, he predicted that the firm would double its assets in five years. It took him two years. icapital.biz is Malaysia's only listed closed-end fund and,
      325 words
    • Article
      Lock icon BURSA MALAYSIA
      2197 10 lug 21 RM COOO) ASM Realty 0.45 \bric Bhd 0.21 advance Synergy 0.10 Adventa Bhd 0.90 Ae Multi Hldgs 0.26 Win Holdings 1.78 Ahmad Zaki Resou 0.69 AicCorp 0.49 Airasia Bhd 1.11 Akn Technology 0.40 alliance Financi 2.69 aluminium Co 0.99 Amalgamated Ind 0.45 Ammb Hldgs Bhd 2.96
      2,197 words
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      119 10 Dm 4 DL^ Jf^ BAGS OF dJqTSHSfSB UtolKt I I STYLISH LJVING 4 *#^^jlSfi^ I I W«SS?J>A «SiaA96eaffi#^ I *A' j^ CHANEL, I mIXXS FENDIKLV I V Shortest and quickest routes \i I SSSA J. SEARCH! I Shopping Centres I H^g^ JBEAUTY I Schools K^j^^l Ji^^gJ 11 Building name IZfStomf
      119 words
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  • GREATER CHINA
    • Article
      Lock icon Supply to remain tight for months, says govt
      230 11 Reuters POWER CRISIS Power, coal supply in south-western, central China might worsen in winter [BEIJING] China will continue to struggle with tight energy supply to power the world's fastest-growing major economy in the coming seasons, an official newspaper reported yesterday. Beijing has
      – Reuters  -  230 words
    • Article, Illustration
      Lock icon China may announce more power tariffs
      383 11 Reuters [BEIJING] After two tariff increases in as many months totalling 10 per cent, China may have set itself on a fast track to reform the world's second-largest electricity market and end the worst supply crunch in four years. Within this year and maybe
      Reuters; AP  -  383 words
    • Article
      Lock icon ICBC is world's most profitable bank
      207 11 Bloomberg [SHANGHAI] Industrial Commercial Bank of China Ltd earned a record 64.5 billion yuan (5513.3 billion) in the first half to become the world's most profitable bank as it benefited from a resilient economy and evaded the US credit crisis that dented earnings at
      – Bloomberg  -  207 words
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      7 11 J at, 1 I PJP^ J I
      7 words
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      Lock icon Page 11 Advertisements Column 2
      470 11 THE MONETARY AUTHORITY OF SINGAPORE TENOR APPROXIMATELY 15 YEARS TOTAL AMOUNT OFFERED SGD 1,000,000,000 MINIMUM DENOMINATION SGD 1,000 MAS' INTENDED TENDER AMOUNT SGD 100,000,000 (NON-COMPETITIVE) ISSUE CODE NYO7IOOX (REOPENED) ISINCODE 5G7J*****946 ISSUE DATE/SETTLEMENT DATE 02 SEPTEMBER 2008 MATURITY DATE* 01 SEPTEMBER 2022 COUPON RATE 3.125% P.A. YIELD AND PRICE TO
      470 words
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  • INDIA
    • Article
      Lock icon NSG mulls decision on India nuke trade
      630 12 -AP No quick decision expected to give India access to legal imports of nuke fuel [VIENNA, Austria] A consortium of nations met in Vienna yesterday to discuss giving India access to legal imports of nuclear fuel and technology, a decision crucial to finalising
      -AP  -  630 words
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      Lock icon Chinese demand for iron ore fades
      372 12 Reuters [NEW DELHI] Chinese demand for Indian iron ore has all but vanished over the past six weeks, hit by rising exports of cheaper ores from Australia and a higher Indian export tax, industry officials said yesterday. Rahul Baldota, president of the Federation of
      – Reuters; REUTERS  -  372 words
    • Article
      Lock icon Tata Motors halts US$700m share issue
      198 12 -AFP [MUMßAl] India's Tata Motors has said that it is scrapping a planned nearly-US$7OO million share issue earmarked to help pay for its purchase of British motoring icons Jaguar and Land Rover. India's top vehicle maker, part of the steel-to-tea Tata Group, blamed the
      -AFP  -  198 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8640 12 UNIT TRUSTS FUNDS I UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.996/ AIGIF Spore Bond Fund/A 1.345/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.88/ APS Alpha Fund (USD)! A 0.62/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD
      8,640 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon New York AG intensifies auction-rate debt probe
      564 13 -Reuters Spotlight falls on Bank of America, Goldman Sachs and Deutsche Bank next [NEW YORK] New York's state attorney general office on Wednesday intensified its probe into auction-rate debt focusing on Bank of America Corp, Goldman Sachs and Deutsche Bank AG, while issuing
      -Reuters  -  564 words
    • Article
      Lock icon Australia state body supports power assets sale
      298 13 -Reuters [PERTH] A Aslo billion (5512.3 biUion) planby Australia's New South Wales state to sell power generation and retail energy assets cleared a major hurdle yesterday when a key regulatory body gave its backing. The auditor-general's office, which provides independent assessments for the
      -Reuters  -  298 words
    • Article, Illustration
      Lock icon Citi cuts Q3 outlook on Lehman, Morgan Stanley, Goldman Sachs
      336 13 Reuters [BANGALORE] Lehman Brothers Holdings Inc, Goldman Sachs Group Inc and Morgan Stanley may incur further writedowns, mainly on their mortgage assets, said an analyst at Citigroup, who cut his third quarter outlook for the US investment banks. "We are
      – Reuters; REUTERS  -  336 words
    • Article
      Lock icon Lone Star to acquire German bank
      495 13 Bloomberg [FRANKFURT] Lone Star Funds, the Dallas-based private equity firm, agreed to buy IKB Deutsche Industriebank AG after the German bank collapsed, becoming the country's first casualty of the sub-prime mortgage crisis. The firm will acquire 90.8 per cent of IKB from KfW Group,
      Bloomberg  -  495 words
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      387 13 Free Gift V^k Fwater Uf^re' Design, C rafts ma nship and Premium Finishing "tvr^f/^-^^X/V® worths49for JSSA in a fusion of unique furnishing styles purchases above $500', "^"t f Teak Lovers chair in a single receipt,^wij||HP Only for those who appreciate the better things in life in|lk_,f i ib amqq wnne
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      17 13 iMr Mm T T ftfl Jg*. SUSS. 5~ lua_ irtolnl J, M Sc!*/- t£HB ffifl tkl *&m
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Treasury more likely to bail out Fannie, Freddie
      697 14 Reuters Number of options seen dwindling every day as the firms' stocks decline [WASHINGTON] US Treasury Secretary Henry Paulson last month described a proposed federal backstop authority for Fannie Mac and Freddie Mac as a "bazooka" whose mere presence would silence market
      Reuters  -  697 words
    • Article
      Lock icon Investors turn to consumer-related stocks as commodity prices fall
      675 14 Reuters [LONDON/PARIS] As commodity prices fall and inflation expectations cool, brave equities investors are dipping their toes into sectors that are closer to the consumer, wary that a similar bounce in financials fizzled out. Travel, technology, retail and car stocks have
      Reuters  -  675 words
    • Article, Illustration
      Lock icon Li Ka-Shing says 'worst is yet to come' in global economy slump
      438 14 Bloomberg [HONG KONG] Hong Kong billionaire Li Ka-shing, who predicted China's stock market bubble would burst, says the "worst is yet to come" from the global credit crunch. The crisis is turning Li "very conservative about acquisitions", he
      Bloomberg; BLOOMBERG  -  438 words
    • Article
      Lock icon Jim Rogers says commodities bull market will continue
      269 14 Bloomberg [BANGKOK] Jim Rogers, who in April 2006 correctly predicted oil would reach US$lOO a barrel and gold US$l,OOO an ounce, said a tumble in commodities from records represented a correction in a rising market. "I don't see that it's the end
      Bloomberg  -  269 words
    • Article
      Lock icon Drug royalty financing thrives in difficult market
      216 14 Reuters [BOSTON] Private equity funds that specialise in healthcare royalty financing are gaining momentum as investors seek new ways to hedge risk, and companies seek new ways to raise capital. For nearly a decade, the acquisition of drug royalties has been the province
      Reuters  -  216 words
    • Article
      Lock icon Commodities slump won't mean lower food prices
      356 14 -AP In the US, retail food prices have jumped on average 6% [NEW YORK] As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the petrol pump. But don't expect less pain at the grocery
      -AP  -  356 words
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      81 14 CATS Recruit The first step on your ladder to success YOURSELF! tune in to (INENGUSH) With just a birth date, MAROON 5 "T T""" BIGGEST HITS Character Suitable careers •Luckycolours 1900-914-0002 OFVTHE 90S Callsatso.2l4cents/min CHRIS BlfcC] (inclusive of GST) f*S TILL NOW! J k J ONLY ON k*"B 1100% POM
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  • WORLD
    • Article
      Lock icon Private equity seen winning race for distressed assets
      542 15 Reuters Hedge funds held back by need to mark assets to market, report monthly [LONDON] Cash-rich private equity firms such as Apollo, Blackstone and TPG are set to sprint ahead of more cautious hedge funds in a race to snap up cheap
      Reuters  -  542 words
    • Article
      Lock icon Regulator cautions Fed on credit card proposals
      614 16 Reuters It supports the Fed in disclosure, billing practices but warns about going too far [WASHINGTON] The regulatory agency that oversees most of the US credit card industry on Wednesday said that it supports Federal Reserve proposals to rein in disclosure and billing
      ■ Reuters  -  614 words
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      4466 15 IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT (CHAPTER 50) JSSSfc AND AND Mn IN THE MATTER OF IN THE MATTER OF VB INDECO M& E ENGINEERING SIMPLEX FIRE SECURITY SYSTEMS IN THE
      4,466 words
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      437 16 10 New Mooncake Flavours To Send You Over The Moon Commemorate Mid-Autumn festival with mooncakes created by Master Chef Lai Tong Ping. Classic choices include baked lotus or melon seed paste mooncakes while those seeking a modern interpretation will enjoy snowskin mooncakes in a variety of new flavours including jasmine,
      437 words
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  • BEIJING 2008
    • Article, Illustration
      Lock icon A miserable day for US, UK sprinters
      591 17 AFP Star-studded Jamaican squad shines as US, British sprinters fail to pass batons [BEIJING] Botched final handoffs eliminated the US men's and women's 4xloom relays and defending men's champion Britain in Olympic qualifying heats yesterday while Jamaican sprinters continued to run wild. World
      AFP; PHOTOS: AFP  -  591 words
    • Article
      Lock icon Untitled
      92 17 'I got out good. I ran the corner as hard as possible and once I entered the straight I told myself to keep it up 'Don't die on me now. Jamaica's Usain Bolt, who set a world record of 19.30 seconds in winning the Olympic 200 m gold, days after
      92 words
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      Lock icon Medal tally
      145 17 AUG2I China 46 15 22 83 United States 28 34 31 93 Great Britain 17 12 11 40 Russian Fed 16 16 19 51 Australia 11 13 14 38 Germany 11 8 12 31 South Korea 10 10 6 26 Japan Italy Netherlands 9 6 6 6 7
      145 words
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      Lock icon A champion in her own right
      1056 17 ■AP [BEIXIAOYING TOWN, China] NATALIE dv Toit pulled herself onto the dock and waited for someone to bring her prosthetic leg. She stretched out the other leg the one she didn't lose in that horrendous motorcycle accident and chatted with an official about the
      ■AP; AFP  -  1,056 words
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  • AVIATION
    • Article, Illustration
      Lock icon Boeing in final talks with union
      934 18 Bloomberg Analysts put chances of strike by 27,000 contract workers at 60 to 70% [SEATTLE] Boeing Co was to begin the final push of contract talks with its largest union yesterday amid pressure to avert a strike that would cause further delays in the
      Bloomberg; BLOOMBERG  -  934 words
    • Article
      Lock icon Asia's longest runway to open soon
      336 18 ■AFP, Reuters [NEW DELHI] The New Delhi airport said yesterday it planned to soon open Asia's longest runway after conducting a successful test take-off and landing. Officials hope the runway will ease huge congestion at India's second busiest airline hub, an official said. The
      ■AFP,; Reuters  -  336 words
    • Article
      Lock icon 153 dead, 19 survivors in Madrid plane crash: official
      501 18 J. L.11VJV. A l^UUV^ -NYT [PARIS] More than 150 people were killed on Wednesday when an airliner taking off en route to a Canary Islands resort swerved off the end of a runway at Madrid's airport, crashed and burst into flames,
      _. J. L.11VJV. A l^UUV^ -NYT  -  501 words
    • Article
      Lock icon JAL to raise fuel surcharges from Oct 1
      164 18 Bloomberg [TOKYO] Japan Airlines Corp (JAL), the nation's largest international carrier, will raise surcharges for a sixth consecutive quarter to cover rising jet-fuel costs. Surcharges on flights between Japan and North America will rise by 5,000 yen (Ss6s) to 33,000 yen one
      Bloomberg  -  164 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2502 18 AIRLINE CODES: AA: Amencao Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airliner BA: British Airways Public ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bnd (RBA), BO: Bouraq Airlines (BOU), BR: EVA
      2,502 words
    • Article
      Lock icon BAA owner facing more uncertainty
      417 18 Reuters Debt-heavy Ferrovial just finalised £13.3b refinancing deal [MADRID] Spanish builder Ferrovial is facing fresh uncertainty after a ruling by British competition authorities that it must sell three of its seven UK airports. The Competition Commission's ruling on Wednesday came just two days after Ferrovial
      Reuters  -  417 words
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  • SHIPPING/LOGISTICS
    • Article
      Lock icon Dubai port operator awards London Gateway contract
      400 19 -AFP, AP Britain's Laing O'Rourke, Belgium's Dredging Int'l get first phase of project [DUBAI] Dubai's port operator said on Wednesday that it has awarded a US$745 million contract to British firm Laing O'Rourke and Belgium's Dredging International for the first phase of a
      -AFP,; AP  -  400 words
    • Article, Illustration
      Lock icon FedEx may lose US$3.5b from driver classification dispute
      1417 19 Bloomberg [ATLANTA] FedEx Corp tells its ground-service drivers when to work, what to charge customers and what kind of socks and shoes to wear, the workers say. Drivers who sued the company argue that that makes them employees. Founder and chief executive
      Bloomberg; REUTERS  -  1,417 words
    • Article
      Lock icon Lockheed may get more orders from US Navy
      376 19 Bloomberg [NEW YORK] Lockheed Martin Corp may realise sales of as much as US$64O million from the US Navy's decision to cut back its newest destroyer programme in favour of buying eight more of an older class of ship, according to a
      Bloomberg  -  376 words
    • Article
      Lock icon Harbour fees push Rotterdam port's H1 profit up 18%
      177 19 Bloomberg [AMSTERDAM] The Port of Rotterdam, Europe's largest, said first-half profit rose 18 per cent, buoyed by higher harbour fees and increased cargo flow. Operating income advanced to 110 million euros (Ss23o million) from 93 million euros a year earlier, the
      – Bloomberg  -  177 words
    • Article
      Lock icon Frontline Q2 operating profit lags forecasts
      187 19 Reuters [OSLO] The world's biggest independent oil tanker shipping group, Frontline, reported a smaller-than-ex-pected rise in operating profits for the second quarter and said its third quarter will be hit by dry dockings. Earnings before interest and tax (EBIT) at the Oslo-listed group rose
      – Reuters  -  187 words
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      110 19 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE INDONESIA PORTS SURCHARGE (IPS) INCREASE The following feeder operators wish to inform the trade that the Indonesia Ports Surcharge (IPS) applicable on all SOC shipments, laden/empty containers loaded or discharged at Jakarta and other Indonesia main ports will be increased by the
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  • EDITORIAL & OPINION
    • Article
      Lock icon Is gold really losing its shine?
      508 20 BETWEEN Thursday and Friday last week, the price of gold lurched a scary 7.5 per cent lower, nosediving from a high of U*****.50 an ounce to a low of U*****.90. It seems the yellow metal has been a victim of hedge funds nervously unwinding
      508 words
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      Lock icon What's the big deal? It's the little things
      1284 20  -  JEFFREY KLUGER -LATWP Science of simple ideas shows that seemingly trivial matters shape the course of history By I HOEVER made the sandwich Gavrilo Princip ate on June 28, 1914, has a lot to answer for. Princip had more on his mind
      -LATWP; AFP  -  1,284 words
    • Article, Illustration
      Lock icon Opec should lift rather than cut oil output
      747 20 THE BOTTOM LINE CRUDE oil prices have fallen more than 20 per cent from the July 11 peak of over US$l47 per barrel as additional supplies came into the market. The Organisation of the Petroleum Exporting Countries' (Opec) production at 32.64 million
      747 words
    • Article, Illustration
      Lock icon Individuals' X-factor isn 't enough
      819 21  - Individuals X-factor isn 't enough LIM HOW An organisation's competitiveness needs the G-factor too collective group intelligence By I competitiveness? What makes a company or an organisation competitive? Ask any executive and the likely answer you will get from him is this: smart employees. Unfortunately, according to research, this is
      FILE PHOTO/TNP  -  819 words
    • Article
      Lock icon Transforming N Korea, bit by bit
      1231 21  -  i MARTIN FACKLER -NYT By THE Kaesong Industrial Park is worlds away from the North Korean city on whose outskirts it sits. While the South Kore-an-run industrial park has modern factories and motorists in sport utility vehicles, the city of Kaesong is straight out
      -NYT  -  1,231 words
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      67 21 New-Generation Features: I Full HD 42" LCD TV with 1920x1080 Pixel Resolutions^ mjf Metabrain Pro Technology SRSWow HDMI Interface Viewing Angle: *****76° (H/V) I Harvey Norman I HOW TO ZAP: Download software by SMS-ing the word "zap" to *****. Zap the code found at left-hand comer of this ad. GPRS
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      5919 22 Transaction date: Aug 21 52-wks Tel |h Low Code Last Sale Vol ('000) Hi 1 Day Last Quote )h Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil Com[ >an] 5716 1st Software 211I n us i 1l4° 110°e M £§f<? 0 Grp B° 20.5 4.5
      5,919 words
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      Lock icon SGX XTRANET
      70 22 52-Wk Tel h Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Cvr Net P/E MCap Smil Hi. Comi Hi. 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 ISMSCI Spore 6101 ISS&P5OO 6170 SPDRS 398.3 278 6009 STI
      70 words
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      Lock icon SGX CATALIST
      1820 22 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller Cvr P/E Smil Comi >an' Hii 20 11.5 1181 s AAGrp 31 15 5000 s ABRHIdgs 32 18 8538 s APStrategic 10 2 1501 s Advanced System 38
      1,820 words
    • Article
      Lock icon CLOB INTERNATIONAL
      215 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      215 words
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      33 22 pfae*~\ NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED B^ 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 WF Internet: Http://www.audemarspiguet.com
      33 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      379 23 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Aug 20 World Index Preliminary 945.1 0.4 -16.5 0.1 -18.5 0.4 -17.1 t EAFE Prel liminai 888.2 0.4 -20.7 0.1 -22.7 0.4 -21.3 Euroi Prelim
      379 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      124 23 As at 9am Aug2l >f foreign currency: lurrencies Bid Offer gist dollar 1.2250 1.2400 dollar 1.3250 1.3410 luro 2.0740 2.0990 IZ dollar 0.9980 1.0200 iterlini ind 2.6180 2.7190 )S dollar 1.4040 1.4200 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi renminbi 20.50
      124 words
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      Lock icon INTERBANK RATES
      170 23 Aug2l $S Offer Bid Overnight 5/8 1-month 1 2-months 1 1/8 3-months 1 3/16 Overnight mode: 11/16 US$ Offer 1/2 7/8 1 1 1/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.35 2.60 2.82 3.00 3.18 3.28 3.38 Offer
      170 words
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      Lock icon STOCK INDEX FUTURES
      24 23 Aug2l ten Hii Sett STI IIMSCI Aui 338.1 338.7 334.3 "aiwan Aui 269 269.4 266 Source: MF Global (S) He. Ltd
      24 words
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      Lock icon US$/S$ FORWARD RATES
      23 23 Aug2l SS Bid Offer 1-month 1.4097 1.4102 2 months 1.4077 1.4083 3-months 1.4059 1.4065 6 months 1.4005 1.4012 Source: OCBC
      23 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 23 Aug2l Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2313 1.2323 0.8723 0.8728 'anadian dollar 1.3336 1.3345 0.9447 0.9452 Euro 2.0885 2.0892 1.4795 1.4797 NZ dollar 1.0072 1.0089 0.7135 0.7146 iterlin. 2.6326 2.6336 1.8650 1.8653 US dollar
      155 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      297 23 Aug2l URODOLLAR FUTURES >epO8 DecO8 VlarO9 lunO9 97.0900 96.9850 ***** 4717 EUROYEN TIBOR FUTURES iepO8 99.165 99.165 DecO8 99.230 99.230 VlarO9 99.270 99.275 lunO9 99.250 99.250 >epO9 DecO9 Vlar10 un10 99.160 99.215 99.270 99.245 99.165 99.220 99.260 99.240 99.185 99.120 99.010 98.960 3871 879 2973 1948 *****
      297 words
    • Article
      Lock icon SICOM FUTURES
      279 23 Aug2l KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Sep 08 Oct 08 Nov 08 Dec 08 Jan/Mar 09 Apr/Jun 09 401.00 397.50 394.25 392.50 391.00 392.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest
      279 words
    • Article
      Lock icon CHICAGO BOT
      101 23 Aug 20 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 08 1293.75 1267.00 1304.00 1272.00 Nov 08 1300.00 1276.00 1317.00 1276.00 Jan 09 1317.25 1294.00 1333.00 1298.00 Mar 09 1330.50 1308.50 1331.00 1320.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 08 53.07 52.38 53.40
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 23 CRUDE OIL PRODUCTS Aug 20 origin^ t/barrel Close Cham irent blend (1-Mth F) 111.63 -0.1 WTI (Near Mth) 115.45 0.93 iubai (1-Mth F) 110.62 2.19 "apis blend 121.25 1.5 i/linas 116.45 1.95 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 108.67 134.35 2.01 2.2! US$/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 23 Aug2l AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.923 5.972 0.590 6.813 37.947 79.847 0.950 9.194 2.916 1.222 66.776 39.653 1.232 6.749 0.955 27.393 29.606 0.468 0.873 Canada 1.083 6.468 0.639 7.379 41.096 86.473
      463 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 23 Aug2l Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****S 20.11.08 1-Year BY*****N 04.05.09 0.79 1.01 0.82 0.82 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon SIBOR
      76 23 Aug 21 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
      76 words
    • Article
      Lock icon PALM OIL
      63 23 Aug 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Sep 08 2633 Oct08 2617 Nov 08 2630 Dec 08 2633 Total o/p:***** contracts 2645 2661 2617 2650 2670 2606 2653 2672 2606 2652 2671 2611 Turnover: *****
      63 words
    • Article
      Lock icon PRECIOUS METALS
      127 23 Aug2l /oz) -long Kong .ondon 810.90 820.60 811.90 821.60 Aug 19 Aug 20 798.90 801.55 799.90 802.75 Source: Reuters CAST BAR (S$) Aug 20 Buying Sellim Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying gm igm Ogm !0gm JOgm OOgm oz ozUBS Kinphar™ 89.88 256.8 457.96 862.42
      127 words
    • Article
      Lock icon LONDON METALS
      70 23 Auq 20 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2711.20 2727.50 3 months 2763.00 2780.00 Copper, Grade A (US$/tonne) Cash 3 months 7626.00 7515.00 7681.00 7576.00 Lead (US$/tonne) Cash 3 months 1771.00 1770.00 1808.00 1800.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
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      Lock icon LIFFE
      74 23 Aug 20 COCOA (Btonne) Close Prev Hii ih/Low SepO8 1482 unch 1495/1463 Dec 08 1493 1490 1505/1468 Mar 09 1495 1493 1505/1471 May 09 1497 1495 1497/1489 COFFEE (US$/tonne) Close Pev High/Low SepO8 2248 2252 2273/2233 Nov08 2280 2290 2310/2267 Jan 09 2248 2258 2270/2240 SUGAR (US tonne) White
      74 words
    • Article
      Lock icon BONDS & WARRANTS
      3674 23 BONDS WARRANTS Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- ing ffth's Left 5058 Advance Modules Grp W*****3 6 susp 5036 Advance SCT Ltd W*****9 0.5 #ArianeCorp Ltd W*****9 0.5 3092 Asia Environment W*****4 17 1481 Asia Water Tech Ltd W*****0 18.5 3816 Asiasons
      3,674 words
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      2639 24 Shipping times H VWV ---roTf^fflWffyffTOTffnßrßß W\\[ WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r W^l __^^___l 111 Biir^l__j___jlit____3r_sß %rTT^\ ■■>■ ■»■-_> TELi*****588 (I4LINES) FAX:*****163 M MMftHiTO-W-K^^ \\\M 1 IA/AN HAI INpN Gk'«"« Service/Bookings Direct Line (1800) *****200 J| lg^ffiMß9_______B___ll__S______l V II HI LI lib J PKL lEL: (03| *****888 FAX: (03) *****288
      2,639 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      3262 25 RICKMERS-LINIE »-h «h,, ITJTgH EASTERN CAR LINER, LTD I§§ £3®lfs& Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com \\l Mm I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I USAService Hf WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF
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      5062 26 I II- J A MntDCgßn Tel: 65-*****907 Fax: *****917 I K^L^H E9 KB E9 H9 K9 EE ANDI£R&>E;N Email: asc@asc-asia.com I WiH fil fIRV NAlf IGATIMU RRflllP I UiffmKkiyU IZU Hsfl I!! shipping company/ 70 Shentoii Way, #21-03 Marina House Singapore *****8 ULI»Ii IIHWIUftI lUil UltUUr I W^^^mI^KfSISWSIPSIKIMSKM MMI Hi
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  • DESIGN
    • Article, Illustration
      Lock icon Patricia Urquiola: A spunky Spaniarc
      869 27 The feisty Milan-based architect and designer explains to GEOFFREY EU her outstanding success in a male-dominated industry MPOSSIBLE is nothing the clever, catchy slogan employed by a certain sports apparel company applies just as well to Patricia Urquiola, the Span-ish-born, Milan-based architect and designer whose
      869 words
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      55 27 Petrol I 1 r- 1 'Mil'iA. Jfc* Jk Tjr^Jklf 9 TiTI7XA7Ck Jul V 7. 2008 Monday j^ S^ P SINGAPORE SEASIA MONEY SPORT COURTS CRIK^\ I August 4, 2008 Monday I I Petrol prices go up tomorrow f 1 r~o^^\ Fast-rising fuel prices are forcing motorists to change their W
      55 words
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  • PURSUITS
    • Article, Illustration
      Lock icon Streaming music in the palm of your hand
      517 28 CHRISTOPHER LIM suggests trying Simplify Media What's the first thing that comes to mind when people mention MP3 players? Most people would think of devices that store music, and which you then carry around. More recently, phones enabled with 3G mobile broadband
      517 words
    • Article, Illustration
      Lock icon Outstanding storytelling saves RPG from all too familiar theme
      762 28  -  CHRISTOPHER LIM GAMING By WITH the number of role-playing games (RPGs) in the market built around completely original mythologies, the decision to rely on something traditional might seem at first blush to be a bit of a cop-out. Does the world
      762 words
    • Article, Illustration
      Lock icon Common sense about decanting
      1133 28  -  N KYONG By A SUBJECT that keeps cropping up is that of decanting, a subject which can create a lot of heat without shedding any light on it. There are two contrasting approaches to this. There are those who decant an old bottle hours before believing
      FILE PHOTO  -  1,133 words
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      51 28 /BOSSfl_. -/NOVfIW Wlhe fill-Stars Concert The great Bossa Nova records ore perfect miniatures, moments of serenity in a noisy century.' MJ£|teiili ES^F^ciSi Csjj^^^fflll jj^^ppjUniJfi^&iJi} 5555 ar arjlln-j v/w.vwldi^^^^^M rzJliij^//3cn^Yfic)]r)t=jrriyilaxi.ybiMi^)'il3Sfi KUQmmiMbH Presenting Sponsor IL^»V»HI Offshore Marine Official Official Supported by Magazine Radio Station Held In Organised by TimßoulSingßiMre.com LHHaHaIHi Embassy of
      51 words
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  • ART/MUSIC
    • Article, Illustration
      Lock icon Beethoven's piano sonatas in one go
      828 29 The Singapore debut of his complete piano sonata cycle was on July 20 and will play till September 5 at Nafa, says CHRISTOPHER LIM WHEN you've got enough things happening in a country's music scene, individuals can afford to specialise, and that's what's happening
      828 words
    • Article, Illustration
      Lock icon Teenagers lend their talent to a good cause
      596 29  -  AMANDA DE GUZMAN By TEENAGER Janani Sridhar loves to samba. That is, when she has the time. The 19-year-old opera singer's hectic schedule barely allows her to pursue her non-musical interests, but Janani, a student at the prestigious Oberlin College in the
      YEN MENG JIIN  -  596 words
    • Article, Illustration
      Lock icon Overturning expectations about metal bands
      419 29  -  CHRISTOPHER LIM CD REVIEW X'Ho and Everafter, Baphomet Sacrum Warner Rating: B+ Opeth, Watershed Roadrunner Records Rating: B By IF YOU buy CDs based on packaging, you must have had some nasty surprises over the years. But the upside of this kind of adventurousness is
      419 words
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      545 29 a^^^^^^^r^k Iffi' Hi I Receive a |^a Receive a Receive a W i I |T (\A^^w-i/^ral^d I Polo foldable and Polo hardcase Samsung DVD player T I 111 ICi3fAl 4 #VV .M Il\ LM I Soigne CD beauty trolley bag with mm. charge y^^/_^m_J '^i Lrv>-<y v §JPtBS*I«^3»2.B I travel
      545 words
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  • ARTS
    • Article, Illustration
      Lock icon Fighting with the power of black and masculinity
      865 30 Masriadi not only depicts machismo but also makes fun of it, says CLARISSA TAN HUGE, brawny, intense, dark, glowing and glowering the men of I Nyoman Masriadi's paintings display a singular sense of their masculinity. Bulging and rippling, their muscles occupy almost
      865 words
    • Article, Illustration
      Lock icon Snapshot of Indonesian art's evolution
      603 30  -  CHEAH UI-HOON By FROM social realism to abstract works to cuttingedge contemporary art, an exhibition of 30 Indonesian paintings at Singapore Management University (SMU) showcases how art in Indonesia is shaped by the country's politics specifically, from the time of the country's independence until today.
      SMU  -  603 words
    • Article, Illustration
      Lock icon Re-building a nation amid dictatorship and anarchy
      637 30  -  BEN MUNROE THEATRE By LARGE swathes of Singapore have been destroyed, the government has been wiped out and a military commander has taken control of the country. This may not be the kind of sentence you ever hope to read in a newspaper,
      637 words
  • Page 30 Miscellaneous
    • Miscellaneous
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      750 30 Philharmonic goes pop EVER wanted to hear Guns and Roses' Sweet Child of Mine by a wind ensemble? Your chance comes in the form Bl of the Philharmonic Wind's hip makeover with their latest outing, the Philharmonic Goes Pop. They will be performing a myriad of radio-friendly tunes from all
      750 words
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  • ENTERTAINMENT
    • Article, Illustration
      Lock icon Kallang Roar scores an own goa
      474 31 The movie, which tracks the fortunes of football coach Choo Seng Quee, fails to stir GEOFFREY EU THERE'S no questioning the noble sentiment of a movie that lionises a memorable achievement in the history of Singapore football and the man responsible for it but
      474 words
    • Article, Illustration
      Lock icon Don't race to watch this gore fest
      483 31  -  AMANDA DE GUZMAN By WHILE the formula of fast cars and hot bodies is a summer blockbuster staple, Death Race gives the combination a lethal twist. Set mostly in a prison in a violent, chaotic future, Death Race sees Jason Statham in yet
      483 words
    • Article, Illustration
      Lock icon Sweeney Todd: A giddy, macabre bit of fun
      396 31  -  CHRISTOPHER LIM DVD By MANY movies aren't quite as enjoyable to watch outside a cinema, even if you have a decent home theatre system. It's pretty hard to match the experience of watching something with a massive screen in front of you
      396 words
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  • Page 31 Miscellaneous
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      358 31 CRYPTIC CROSSWORD ACROSS BB 7' BBVBVF BB^ BB 7 Place for watching TV? It's a Bfl BB BB BB BH^HHH BB H 8 Compulsory pre-marital rea- BB^^HB Bfl Wtk ding-matter (5) HH__HH_^_HH__j^^^__Bß—^-VH——VV——VV 10 Defective hearing results in BH_L_I Court error (8) BH HE HE HE BE HE HE 11 Collection
      358 words
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  • executive lifestyle
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      Lock icon Super-rich hangouts
      1559 32 For the herd of wealthy individuals rushing to own a piece of London's club business, it's not about making money, but the prestige they gain from having a place like that, reports MELISSA LWEE LET'S say you're flush with money. You're new in London and people have yet
      1,559 words
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      112 32 I NT C .OSVNf CERT x-' _Jh_k ■L _,4_M_____L_*_ _fl Hk l m m _r V *»*W _X .'JH _mt t ______f^N_____,r^_Mß»_w*» 1H v ___B___________r li ZwWrf Vy j_L____h \^B __m^_^- _y^*^ FEATURING SONGS FROM HIS BEST SELLING CLASSICAL ALBUM SONGS FROM THE LABYRINTH PERFORMING WITH EDIN KARAMAZOV ra and
      112 words
  • Page 32 Miscellaneous