The Business Times, 15 October 2010

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Total Pages: 40
1 40 The Business Times
  • 24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, October 15, 2010
    24 words
  • 793 1  -  Central bank moves to contain inflation, allows for faster gains in currency By CONRAD TAN [SINGAPORE] The Monetary Authority of Singapore (MAS) surprised markets yesterday by signalling that it will allow faster gains in the Singapore dollar to fight inflation, sending the currency to
    Source: Bloomberg  -  793 words
  • 141 1 ST INDEX 3,195.02 (-7.14) ST INDEX FUTURES 3,195 (-7) SIMSCI 375.80 (-0.87) SIMSCI FUTURES 376.40 (-0.20) FOREX US$ S$ US$ (S$ per US$) 1.292 (US$/S$ per 1.606 2.075 EURO (US$/S$/E) 1.412 1.824 Foreign currency per US$ S$ YEN 81.10 62.80 RM 3.083 2.385 HK$ 7.759 6.004 BAHT 29.80
    141 words
  • 510 1  -  A key interbank rate hits record low in wake of MAS move By SIOW LI SEN [SINGAPORE] Local interest rates plunged to all-time lows yesterday following the steep appreciation of the Singapore dollar against the US unit. This gave home buyers reason
    Source: Bloomberg  -  510 words
  • Page 1 Advertisements
    • 73 1 WINE Outstanding vintage for Mosel-Saar-Ruwer wine region PAGE 39 COMPANIES SGX stock rides on analysts’ optimism PAGE 6 EXECUTIVE LIFESTYLE The art of selling art PAGE 32 ARTS Saatchi Gallery’s biggest legacy PAGE 36 Monterey adventures Luxury Travelogue PAGE 40 We don't want to hide any tax dodgers... but we
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  • TOP STORIES
    • 621 2 MAS springs another Sing dollar surprise THE Monetary Authority of Singapore surprised markets yesterday by signalling that it will allow faster gains in the Singapore dollar to fight inflation, sending the currency to an all-time high against the US dollar. It widened and steepened the trading band for
      621 words
    • 675 2  -  But economy still on track to hit official forecast of 13-15% growth this year By TEH SHI NING [SINGAPORE] The Republic’s economy pulled back by more than expected in the third quarter but “remains on track” to hit the official
      FILE PHOTO  -  675 words
    • 688 2  -  By S S JAYASANKARAN A MUCH-SPECULATED acquisition of Plus Expressways (Plus) could be in the offing after the counter’s shares were suspended yesterday following “a request by a major shareholder”. The company told the stock exchange that its shares would resume trading after 5pm
      FILE PHOTO  -  688 words
    • 594 2  -  By JOYCE HOOI [SINGAPORE] A good memory can sometimes be quite the party pooper. As bonds come back in financing vogue for the shipping industry, some people are eyeing the situation warily, mindful of how it all went wrong before. The resurgence is a
      594 words
    • 791 4  -  Investors betting on weak dollar in for major shock if it reverses course By ANDREW MARKS in New York BROWN Brothers Harriman FX strategy group noted yesterday that the unexpected tightening by the Monetary Authority of Singapore was “punishing the US dollar, which
      791 words
    • 707 4  -  By NEIL BEHRMANN GOLDMAN Sach’s estimates that the “wall of money” that is pouring into Asia is currently at an annual rate of almost US$600 billion or US$50 billion a month. Asia is receiving almost four-fifths of the inflows, estimates the investment bank, or
      707 words
    • 645 4  -  By in Tokyo ANTHONY ROWLEY THE looming global “currency wars” had its latest chapter yesterday in the form of a Japan-South Korea standoff as Seoul hit back at Tokyo over its criticism of Korea’s currency policy. It was a day of volatility in currency
      645 words
    • 496 4  -  By GRACE LEONG [SINGAPORE] A group of US investors led by former Las Vegas Sands executive David Friedman is suing its Asian partners including Singapore-listed CapitaLand over a stalled multi-billion-dollar casino-resort project: Macao Studio City. CapitaLand is a 20 per cent minority shareholder
      496 words
    • 133 4 [LONDON] Singapore billionaire Peter Lim says he is not proceeding with his bid to buy Liverpool because the board is intent on selling to someone else. He says the Liverpool board is determined to sell the club to New England Sports Ventures (NESV) “at the
      133 words
    • 653 4  -  By LYNN KAN [SINGAPORE] Asian central banks should allow for more currency appreciation so that their economies can grow under their own steam, private bank Julius Baer’s chief investment officer V Anantha-Nageswa-ran said yesterday. As such, he welcomed the Monetary Authority
      FILE PHOTO  -  653 words
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  • Page 3 Advertisements
    • 196 3 ORCHARD SCOTTS Winner of the FIABCI Prix d'Excellence Award 2009 i U-M-l A V* ir<" '11 II V m I a m i m rssBK Ei... LI ii fe' M kJU Space is a true expression of luxury. At Orchard Scotts, you will experience space in abundance for this award-winning
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  • Page 4 Advertisements

  • Page 5 Advertisements
    • 222 5 OFFICIAL LAUNCH OF TheNew JewelCableCars The cable car, a 36-year old national icon, went through a revamp recently and now offers guests a one-of-its-kind experience with its luxurious cable car cabins and world-leading design and technology. Known as the Jewel Cable Car, the new system boasts spacious and level walk-in
      222 words

  • COMPANY NEWS
    • 628 6  -  Its shares have risen over 25% in price over the past three months By JAMIE LEE SHARES of Singapore Exchange (SGX) which will announce its first quarter results for fiscal 2011 on Monday have been surging on hopes that the bourse operator’s fresh strategies
      BLOOMBERG  -  628 words
    • 710 6  -  HOCK LOCK SIEW By SIOW LI SEN LOCAL banks struggling with record low interest rates have been dealt a further whammy by yesterday’s unexpectedly hawkish monetary tightening. The Monetary Authority of Singapore (MAS) decided to let the local currency appreciate steeply in
      710 words
    • 247 6 CHEMICAL systems engineering and technology solutions provider Anchun International Holdings has announced an initial public offering of 130 million shares at 28 cents each for a listing on the main board of the Singapore Exchange. The offer comprises 105 million new shares and
      247 words
    • 314 10  -  Exchanges sign pact to trade products in US$ By JAMIE LEE SINGAPORE Mercantile Exchange (SMX) will list several contracts based on products from Tokyo Commodity Exchange (Tocom), including crude oil, gasoline, kerosene and gas oil contracts, it told BT yesterday. This came after
      314 words
    • 410 10  -  This follows its successful sale of $1.7b of such shares to private banking clients By SIOW LI SEN DBS Group Holdings yesterday said it is considering selling preference shares to retail investors following the successful sale of $1.7 billion of preference shares
      410 words
    • 673 10  -  Keen interest seen from institutional investors By LYNETTE KHOO COME mid-November, institutional investors will have a new dark pool venue to trade large blocks of Asian shares. Chi-East a joint venture between the Singapore Exchange (SGX) and Chi-X Global Inc is due to begin
      673 words
    • 586 10 Reversal in global economic policies unleashing liquidity Bloomberg [SHANGHAI] Royal Bank of Scotland Group plc turned bullish on stocks in China and the rest of Asia, saying they will benefit from a global “liquidity wave” as central banks around the world
      Bloomberg; AFP  -  586 words
    • 350 12  -  Suites at Orchard prices range from $1.18m for 1-bedder to $3m for 3-bedroom duplex By KALPANA RASHIWALA ROBERT Kuok’s Singa-pore-listed property unit Allgreen Properties had sold about 65 apartments in its 118-unit Suites at Orchard project at Handy Road as of
      350 words
    • 611 12  -  Target up as home sales by Temasek unit top 10,000 units By LYNETTE KHOO SURBANA Corporation, Singapore’s first township developer in China, is eyeing a bigger slice of the Chinese pie now after crossing the 10,000 mark in home units sold. Group chairman Lim
      611 words
    • COMPANY BRIEFS
      • 127 12 TT International sank into the red in the first quarter ended June 30 with a net loss of $7.53 million, due to a fall in revenue and the absence this time of foreign exchange gains. Revenue for the quarter fell 18.4
        127 words
      • 101 12 K-REIT Asia Management Limited (KRAM) has appointed Eve Chan as its chief financial officer from today. Ms Chan, 40, has more than 18 years of experience in group finance, tax, accounting, corporate finance and treasury where she held various senior finance roles with portfolios
        101 words
      • 122 12 SIA Cargo is launching new freighter services to Tokyo’s Narita Airport via Bangkok and Taipei in the coming weeks. SIA Cargo will operate two new freighter services a week between Singapore and Tokyo via Taipei from Oct 19, which will continue into the
        122 words
      • 93 12 THE general cash offer by Jit Sun Investments for Sim Siang Choon lapsed yesterday, as the offer closed without it obtaining sufficient valid acceptances. Jit Sun, an investment vehicle of Ezra Holdings managing director Lionel Lee, had in September made the
        93 words
    • 620 12 Reuters [LONDON] Funds of hedge fund managers are not about to make any big changes to their portfolios in the coming six months as investors fret the world economy’s recovery from the Great Recession is stuttering, a Reuters poll showed. Reuters’
      Reuters  -  620 words
  • Page 6 Advertisements
    • 1713 6 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. SWISSCO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4711D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Swissco Holdings Limited (the “Company”) will be held at Republic of Singapore
      1,713 words
    • 292 6 nI n In thematter The Companies Act (Cap. 50) and nI n In thematter Seapower Realty (Pte) Ltd (In Liquidation) Reg. No.*****0369K Notice Resolutions Shareholders’WrittenResolutionspassed pursuant Section184A theCompanies Act,Cap50on October2010. Special Resolution )a a) That the Company be wound up voluntarilypursuant Section290(1)(b) fo f of theCompaniesAct,Cap.50. Ordinar Resolutions )b b)
      292 words
    • 274 6 In the matter of the Companies Act (Cap. 50) And In the matter of Yueh Meng Dee Pte Ltd (Co. Reg. No. *****0425E) (in members' voluntary winding up) At an extraordinary general meeting of the company held on 8 October 2010 at 5.00 p.m. at 111 North Bridge Road, #13-01
      274 words


  • SINGAPORE MARKETS
    • 606 8  -  But in all likelihood, yesterday’s lukewarm performance was in anticipation of a mild day on Wall Street STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) on Wednesday jumped 52 points ahead of Wall Street’s rise that day, so yesterday’s tepid session that
      Source: Bloomberg  -  606 words
    • 4 8 DAILY
      4 words
    • 66 8 Oct 14 VALUE CLOSE BT OB/OS 385.00 +53.00 BT CADI -*****.00 -79.00 BT 10-day MA -*****.00 +38.00 FTSE ST Mid Cap 789.30 -1.34 FTSE ST Small Cap 585.62 -1.96 FTSE ST All Share 789.62 -1.76 FTSE ST China Top 293.44 -0.18 FTSE ST China 331.05 +3.85 FTSE
      66 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 7 7 0 0 0 3 7 7 Manufacturing 44 83 75 6 7 20 50 90 95 Commerce 19 29 28 4 6 4 23 35 32 Tpt/Stor/Comms 14 21 10
      186 words
    • BROKERS’ TAKE
      • 332 8 Oct 14 close: $2.97 CIMB RESEARCH, Oct 14 CHEAPEST domestic landlord at 33 per cent discount to revised net asset value (RNAV); maintain “outperform”. We believe the sale of recent office properties at low initial yields in Singapore has positive implications for Overseas Union Enterprise’s (OUE) asset
        332 words
      • 565 8  -  Oct 14 close: $0.32 DMG PARTNERS SECURITIES, Oct 14 Compiled by JAMIE LEE ESTABLISHED in 2001, China Essence (CESS) is one of China’s largest potato product manufacturers and accounted for about 20 per cent of China’s capacity in 2009. Net profit in FY2010 was 136 million yuan
        565 words
    • 119 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,672 21,672 58,703 58,703 Manufacturing 436,227 41,129 477,356 523,127 3,484 526,611 Commerce 150,883 44,611 195,494 136,366 6,107 142,472 Tpt/Stor/Comms 203,915 1,510 205,425 259,062 210 259,272 Finance 35,018 35,018 351,456 351,456 Construction 125,784 7,436 133,220 19,113
      119 words
    • 113 8 Stock name Close Change CapMallsAsia 2.190 -0.040 CapitaLand 4.160 -0.040 CapitaMall 2.090 -0.010 CityDev 13.700 +0.400 ComfortDelGro 1.510 -0.010 DBS Grp 14.600 -0.160 F&N 6.200 -0.080 Genting SP 2.050 -0.070 Golden Agri 0.660 +0.005 HK Land 6.640 +0.050 JMH 47.320 -0.380 JSH 27.480 -0.020 Jardine C&C
      113 words
    • 484 8 CURRENCIES AFP [TOKYO] The US dollar hit a fresh 15year low against the yen in Asia yesterday amid expectations of further US credit easing and rises by Asian currencies after Singapore tightened monetary policy, dealers said. Tensions persisted ahead of a Group of
      AFP; BLOOMBERG  -  484 words
    • 59 8 VOLUME Golden Agri 173,146,000 Genting SP 81,992,000 UniFiber 78,519,000 Healthway 57,280,000 Jaya Hldgs 49,587,000 DMX Tech 46,816,000 GMG Global 39,828,000 *Genting HK US$ 39,597,000 Wilmar 38,443,000 BerlianLaju 37,529,000 VALUE($) Wilmar 245,450,150 Genting SP 170,341,930 DBS Grp 128,859,199 Golden Agri 115,501,790 SGX 105,019,530 OCBC Bk 56,342,510 UOB 54,614,120
      59 words
    • 114 8 BY CENTS CLOSE UP DBXT iBoxxUSTr 5US$ ***** 315.3 1.3 GLD 10US$ ***** 263.6 1.5 DBXT MSKorea 10US$ 5390 231.3 3.4 DBXT AUD Bonds 5AU$ ***** 175.6 0.9 DBXT SPASX200 10US$ 3339 93.0 2.2 Lyxor Nasdaq100 10US 827 82.7 8.4 DBXT USDIGInfl 5US$ ***** 75.0 0.2 DBXT FTChina25 10US$
      114 words
    • 119 8 BY CENTS CLOSE DOWN JMH 4732 -49.1 -0.8 DBXT S&P Short 10US$ 4850 -40.1 -0.6 F N.ES.1010 617 -22.0 -3.4 DBXT Nifty 10US$ ***** -20.7 -0.1 SIA 1618 -20.0 -1.2 Jardine C&C 3928 -18.0 -0.5 DBS Grp 1460 -16.0 -1.1 OCBC Bk 4.5%NCPS 100 ***** -14.0 -0.1 Creative Tech
      119 words
    • 5 8 DAILY
      5 words

  • Page 9 Advertisements
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      227 words

  • Page 10 Advertisements
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      536 words

  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 505 12 :*iATci <3* NOTICES BUY IT• SELL IT-FIND IT COMBINEWILLINTERNATIONALHOLDINGSLIMITED 聯 (Incorporated theCaymanIslandson October2007) (RegistrationNumber MC-*****3) NOTICEOFEXTRAORDINAR GENERALMEETING NOTICEISHEREBYGIVENthatan xtraordinar gener meeting CombineWillInternationalHoldings Limited 聯志國際控股有限公司 (the Compan Bouleard,MarinaSquareSingapore*****5on Noember2010 11.00a.m., thepurpose considering and, thought passingwith withoutmodifications the ollowingresolutions: ORDINAR RESOLUTION THESHARECONSOLIDTION Thatsubject
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  • SINGAPORE NEWS
    • 342 14  -  Tender launched to appoint real estate consultant to divest 20 blocks of flatted factories By UMA SHANKARI JTC Corporation is set to begin its next round of divestments after selling $1.7 billion worth of factories to Mapletree Investments in 2008. The industrial landlord has
      342 words
    • 360 14  -  By NISHA RAMCHANDANI AFFLUENT Singaporeans continued to boost their spending despite the global economic downturn, a trend that was mirrored in other Asian markets as well. This suggests that these groups of consumers can be counted on to spend in both good times and bad.
      FILE PHOTO  -  360 words
    • 469 14  -  Its construction looks set to begin early next year By RONNIE LIM CONSTRUCTION of Singapore’s first floating oil terminal off Pulau Sebarok, very near Shell’s Bukom refinery, looks set to start early next year. And final preparations for the project’s engineering, procurement and construction (EPC),
      469 words
    • 473 14  -  By CHEN HUIFEN SMEs that have often groused about tedious paperwork when applying for government grants will be heartened to know that the process has been simplified for one scheme. In an enhanced feature to the SME Productivity with Infocomm Adoption and Transformation (iSPRINT)
      473 words
    • 608 14  -  Brit-American aims to set school apart from NUS NTU By LEE U-WEN IF there is one thing that the Singapore Management University’s (SMU) business school has lacked in its nine-year existence, it is a stable leader at the helm. That’s the view
      608 words
    • 567 14  -  Stanchart opens new ship leasing finance unit in Asia By JOYCE HOOI UK-BASED Bibby Line Group, already with one toe in Singapore, is getting ready to wade further into the region with a local ship management office and financial services business in
      567 words
  • Page 14 Advertisements
    • 127 14 MATS NOTICES IN THE MATTER OF THECOMPANIES 50 AND IN THE MATTER OF MBETECHNOLOG HOLDINGS PTE (INMEMBERS’ UNTAR LIQUID TION) CO.REG. O.*****263W NNOOTICE HEREB GIVENpursuant Section 308(1) he Companies Act, Cap. 50, hat Final Meeting he Member heaboenamedCompan willbeheld Cross #17-00PW Building Singapor 842 on he th day Noember20 000hour
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  • Page 15 Advertisements
    • 169 15 Munich Automobiles munichauto.com.sg Sheer Driving Pleasure M is a car. But unlike any other car, the BMW M didn't start as a sketch on the drawing board. It started as a question. 'What if we created a car that wasn't for the road, but was only for the track?' 'What
      169 words

  • ECONOMY WATCH
    • 642 16 Not clear monetary policy can remove impediments to growth, official says Bloomberg [ATLANTA] Richmond Federal Reserve Bank president Jeffrey Lacker said a Fed policy focused mainly on employment risks hurting the central bank’s credibility in keeping inflation low. “With inflation reasonably close to
      Bloomberg; BLOOMBERG  -  642 words
    • 406 16 Reuters [JOHANNESBURG] South African central bank governor Gill Marcus said on Wednesday the continent’s largest economy was in a fragile recovery and the strong rand was hurting the country. The rand has firmed by over 28 per cent since the beginning of
      Reuters  -  406 words
    • 480 16 Reuters [BANGKOK] Thai consumer confidence rose to a 30-month high in September due to optimism about the economy, but the baht’s rise to a 13-year high and the political situation remained a worry, a university survey showed yesterday. The University of the Thai
      Reuters; AFP  -  480 words
    • 385 16 Bloomberg [LONDON] Gold climbed to a record in London and New York for a second day yesterday as a weaker dollar spurred demand for an alternative investment. Silver extended a rally to a 30- year high and palladium surged to a nine-year
      Bloomberg  -  385 words
    • 493 16 But economists raise this year’s forecasts for region in survey Reuters [SINGAPORE] Asia will end 2010 with strong growth but a faltering recovery in the United States and Europe will hurt export-orient-ed Asian economies more than domestically focused ones in 2011, a
      Reuters  -  493 words
  • Page 16 Advertisements
    • 66 16 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY IT'S PUJA TIME Prayers and festivities mark the Navaratri period If SENIOR MINISTER OF STATE S. ISWARAN TALKS ABOUT GROWING S'PORE-INDIA ECONOMIC TIES GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST) ITFIND THE ONES J THAT FIT! 1 Recruit the
      66 words

  • Page 17 Advertisements
    • 241 17 L, LI I I m riLL ■jJiii I,! -i. !t mm .rV.'H; L (re)imagine living in the height of style (minutes from Orchard Road) relaxing, entertaining, working out (hundreds of feet above the city lights) (re)imagine the ease of buying a home (fully furnished with Dixon, Eames and Wegner) the
      241 words

  • MALAYSIA/INDONESIA
    • 590 18 Today’s budget will unveil details of key projects, RM45b mass rail network Bloomberg [KUALA LUMPUR] Malaysian builders are poised to gain as the government gives details on the largest construction projects including a RM45 billion (S$18.9 billion) mass rail network in the
      Bloomberg  -  590 words
    • 380 18 Bloomberg [KUALA LUMPUR] Malaysia’s stocks are less attractive among developing nations, with lower dividend yields, according to Templeton Asset Management Ltd’s Mark Mobius. “You can’t say Malaysia is a screaming bargain compared to other emerging markets, but it’s certainly been doing very, very well,”
      Bloomberg; BLOOMBERG  -  380 words
    • 329 18 Bernama [KUALA LUMPUR] Malaysian and Thai manufacturers have called for measures to control short-term hot money and speculative inflows into financial markets. They said any failure to do so could result in attacks against regional currencies and cause a repeat of the devastating 1997-98
      Bernama  -  329 words
    • 199 18 AP [JAKARTA] A landmark decision striking down an Indonesian book-banning law that has been used since the days of ex-dicta-tor Suharto to clamp down on dissent was welcomed yesterday by historians, authors and rights activists. For more than four decades, the attorney-gener-al’s office could
      AP  -  199 words
  • Page 18 Advertisements
    • 240 18 Driving business resultsii i lt through people To find out more, join us for our information sharing webinar: Aon Hewitt, a global leader in human capital consulting invites you to participate in the Best Employers in Singapore 2011study. Australia/New Zealand, China Mainland, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Middle
      240 words

  • GREATER CHINA
    • 485 19 Regulators estimate that 2t yuan of local debt is in danger of default Reuters [BEIJING] About 26 per cent of all loans to Chinese local government financing vehicles are at serious risk of default, regulators concluded after a probe into what
      Reuters  -  485 words
    • 243 19 AFP [TAIPEI] Taiwan’s government said yesterday that it plans to decriminalise the sex trade by allowing prostitutes to open small-scale businesses. The authorities have been mulling over various measures, including the creation of special sex zones, to regulate the trade amid criticism
      AFP  -  243 words
    • 407 19 Reuters [BEIJING] China will draw mainly on quantitative tools in tightening monetary policy this year because it has little scope to raise interest rates, a government economist said yesterday. Ba Shusong, a senior economist at the Development Research Centre, a think tank under the
      Reuters  -  407 words
    • 373 19 Bloomberg [HONG KONG] China’s plans to lay twice as much high-speed track as the rest of the world combined is turning 2010 into a record year for yuan bond sales. The rail ministry was to issue 20 billion yuan (S$3.9
      Bloomberg; XINHUA  -  373 words
    • 422 19 Bloomberg [SHANGHAI] BYD Co, the Chinese carmaker partowned by billionaire Warren Buffett’s Berkshire Hathaway Inc, was fined and ordered to surrender seven factories in central China after the government said it used land illegally. BYD will pay 2.95 million yuan (S$574,000) and the factories
      Bloomberg  -  422 words
  • Page 19 Advertisements
    • 199 19 WINE DINE AND HOSPITALITY FRESH ARRIVALS ON THE BUFFET LINE Our buffet gets fresh with live Boston Lobsters! Dive in line for sweet seafood featuring lobsters, oysters, sushi and sashimi, available during dinner on weekdays and brunch on Sundays. On Fridays and Saturdays, savour succulent lobsters prepared in special recipes*
      199 words

  • INDIA
    • 692 20 Inflows into stocks, bonds double to US$28.5 billion in first nine months NYT [MUMBAI] Two years ago, when the crisis on Wall Street reached its pinnacle, the high-flying Indian stock market fell with a thud as foreign investors took nearly US$5 billion out of
      NYT  -  692 words
    • 500 20 Games end with Australia topping medals table again AFP [NEW DELHI] The Commonwealth Games ended yesterday after 11 days of fiery competition that went some way to mending the damage done to Indian pride and prestige tarnished by the chaotic buildup to the event. Despite
      AFP; AP  -  500 words
    • 312 20 AFP [POKHARA, Nepal] A Nepalese teenager whose tiny stature has made him a celebrity in his homeland entered the record books as the world’s shortest man yesterday as he celebrated his 18th birthday. Khagendra Thapa Magar, who stands just 65.5 cm tall and weighs
      AFP  -  312 words
    • 358 20 Bloomberg [NEW DELHI] Indian Oil Corp, the country’s biggest state refiner, is winning the confidence of bond investors it needs to buy energy resources and power the world’s third fastest-grow-ing major economy. The yield on New Delhibased Indian Oil’s US$500 million of
      Bloomberg  -  358 words
    • 208 20 Bernama [NEW DELHI] India’s richest and world’s fourth-richest man, industrialist Mukesh Ambani, has built what is claimed as the world’s first billion-dol-lar home a 27-storeyed luxury residence in Mumbai, China’s Xinhua news agency said. The chairman of Reliance Industries, whom Forbes magazine forecast
      Bernama  -  208 words
  • Page 20 Advertisements
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      77 words

  • ASIA-PACIFIC/WORLD
    • 648 21 Staging Oprah show in Sydney may not do much to tourism, say travel agents Bloomberg [MELBOURNE] The “Oprah effect” might not be enough to help Sydney’s flagging tourism industry. Australia is spending more than A$3 million (S$3.87 million) to bring billionaire talk-show Oprah
      Bloomberg; AP  -  648 words
    • 321 21 AFP [SYDNEY] Anglo-Austral-ian miner Rio Tinto yesterday said its iron ore production had expanded one per cent to a new record in a solid third quarter for the company. Rio said its global iron ore figures, along with record production of
      AFP  -  321 words
    • 360 21 Bleak US harvest forecast and rising prices a concern Reuters [TOKYO] Steps to damp volatile grain prices will take centre stage at a food security conference in Japan this weekend after a bleak harvest forecast in the US unleashed a rally in
      Reuters  -  360 words
  • Page 21 Advertisements
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  • WORLD
    • 417 22 Members endorse plan to impose duties on 3 kinds of industrial inputs Reuters [BRUSSELS] The European Union continued its drive to slow Chinese imports on Wednesday, with national governments of the 27-member bloc endorsing tariffs on three kinds of industrial inputs from
      Reuters  -  417 words
    • 66 22 [LONDON] Saville Row, the premier tailoring street in central London, was turned into an urban farm on Monday in support of The Prince of Wales’ Campaign for Wool. The initiative aims to promote the use of English wool and to boost its demand. The event took place
      AP  -  66 words
    • 331 22 Reuters [TOKYO] Japan’s Kokusai Asset Management, the operator of the world’s second biggest bond fund, is not planning to cut weightings for the euro in its US$40 billion fund as the eurozone’s economic prospects improve, Kokusai’s senior fund manager said here yesterday. Kokusai
      Reuters  -  331 words
    • 356 22 AFP [TOKYO] Japanese auto giant Toyota Motor is considering moving some domestic production of its popular Corolla sedan to factories overseas to counter the impact of the strong yen, reports said yesterday. Toyota, which in 2009 manufactured 215,000 Corollas in Japan, is
      AFP  -  356 words
    • 544 22 Deadlock may delay new EU rules for foreign funds Reuters [BRUSSELS] Talks to break the deadlock between Britain and France over the shape of new EU hedge fund controls ended in disarray on Wednesday, putting their finance ministers on course for a
      Reuters; PHOTOS: REUTERS  -  544 words
    • 239 22 Bloomberg [HONG KONG] Mongolia is seeking investment in railroads and other infrastructure projects in an effort to temper risks associated with its mining boom, the country’s mines minister said yesterday. “The government recognises the weakness of the economy due to reliance on mining,”
      Bloomberg  -  239 words
    • 716 23 Record imbalance with China likely to toughen US stance on country LATEST US DATA AP [WASHINGTON] The US trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes of a pickup in consumer
      AP; BLOOMBERG  -  716 words
    • 624 23 RBS is now seeking an injunction against Texas court ruling Bloomberg [LONDON] Royal Bank of Scotland Group Plc (RBS) asked a London judge for an order that would prevent the owners of the English Premier League football club Liverpool from proceeding with a lawsuit in
      Bloomberg; AFP  -  624 words
    • 545 23 Watchdog moves to ensure products are not forced on clients Bloomberg [LONDON] Barclays plc, Lloyds Banking Group and other UK lenders will be banned from selling most types of credit insurance at the same time they sell the underlying financial products,
      Bloomberg  -  545 words
    • 501 23 Reuters [BERLIN] The bailout scheme for ailing euro zone countries should not be extended, leading research institutes advising the German government said, and Europe should allow orderly insolvencies for states and banks. “(The bailout plan) is associated long term with serious drawbacks, especially
      Reuters  -  501 words
    • 507 23 Comprehensive Spending Review to be unveiled on Oct 20 Reuters [LONDON] Britain is to abolish, merge or reform 481 semi-independent state agencies to cut spending and help trim its deficit, under a plan that will cost thousands of jobs and
      Reuters  -  507 words
  • Page 22 Advertisements


  • EDITORIAL & OPINION
    • 496 24 EDITORIAL YESTERDAY, minutes before 9am Singapore time, the last of the 33 trapped miners reached the top of the 622-metre rescue shaft in Chile’s Atacama desert. Millions of eyes witnessed the gripping finale on their TV sets and computers, millions of minds willed
      496 words
    • 811 24  -  THE BOTTOM LINE ROBERT SAMUELSON WE have entered the Age of Austerity. It’s already arrived in Europe and is destined for the United States. Governments throughout Europe are cutting social spending and raising taxes or contemplating doing so. The
      811 words
    • 815 24  -  Rising dependency burden affecting everything from business psychology to productivity By RICHARD JACKSON, NEIL HOWE, KEISUKE NAKASHIMA Richard Jackson, Neil Howe and Keisuke Nakashima are, respectively, senior fellow, senior associate and fellow at the Center for Strategic and International Studies IHT GLOBAL ageing is
      IHT; REUTERS  -  815 words
    • 1683 25  -  Boston Consulting Group says corporations (and governments) that get it right have an edge in today’s turbulent times By ANNA TEO ASTARFISHdoesn’tgethandicappedwhen it loses an arm it can grow back the limb. Caterpillars can look like twigs, or become barely visible on a leaf. Then there’s
      1,683 words
    • 711 25  -  By MARCUS YIM The writer is the Managing Director of Bayer (South East Asia) Pte Ltd, as well as Senior Bayer Representative for Country Group South Asean overseeing the Bayer businesses in Singapore, Indonesia, Malaysia and the Philippines THE Sustainable Singapore initiative
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  • AVIATION/SHIPPING
    • 556 26  -  Most of recovery was in Q1, says Iata; slowdown clearest in premium segment By VEN SREENIVASAN THERE are clear signs now that the post-recession rebound in international air travel is slowing, especially in the premium seat segment, according to the latest numbers released by
      AFP  -  556 words
    • 394 26 Reuters [FRANKFURT] Leading airlines have called on Europe and the United States to cap export credits on the sale of passenger jets at 20 per cent in the latest ripple of a growing spat over multibillion-dollar subsidies. US and European airlines say
      Reuters  -  394 words
    • 497 26 Reuters [SINGAPORE] Australia, India and Indonesia are under the gun to expand port capacity so exporters can cash in on China’s commodities boom or face losing billions of dollars in business to other markets. China, already the top iron ore importer and coal user,
      Reuters; BLOOMBERG  -  497 words
    • 278 26 SGX '000 Oct 14 S$ +/-Vol CH Offshore 0.57 0.01 726 Chuan Hup Hldg 0.25 unch 399 Cosco Corp 1.88 -0.02 ***** CWT Ltd 0.99 -0.01 924 Ezra Hldgs 1.80 unch 6668 First Ship Lea 0.48 unch 562 Freight Links 0.09 -0.01 ***** Grand Banks 0.46 -0.04 13
      278 words
    • 382 26  -  It welcomes proposal to extend order for liner shipping pacts By JOYCE HOOI THE Singapore Shipping Association (SSA) said yesterday it welcomes a proposed recommendation by the Competition Commission of Singapore (CCS) to extend the controversial block exemption order for liner shipping
      382 words
    • 3085 26 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1250 SQ457 1230 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 MU8214 2230 QF82 2230 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam SQ323 0605 SQ7366 2315 US5410
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  • Page 26 Advertisements
    • 29 26 Ik Lianhe Zaobao City regional planning firm set up by ex-civil servants now the larges of its kind here iff JPlSSHS To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • SINGAPORE STOCKS
    • 9151 27 Transaction date: Oct 14 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 18.5 unch 280 18.5 18.5 18 18.5 1.7 9.8 5.9 88.6 12 5 5834
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    • 1914 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 9 4 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 161 154 162 95.5 4 0.5
      1,914 words
    • 9388 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.29/ APS Alpha Fund (USD)!** 0.99/ APS Alpha Fund Cl B SGD!** APS Alpha Fund Cl B USD!** AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund
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    • 868 28 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 116 unch 48 117 116 116 117 529.5 1036 757 CIMBAsean40 100US$ US1024 +16 31 1036 1024
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    • 78 28 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A50 -1 30 51 50 49 51 3.6 7 4 130.2 55 16 6017 Genting HK US$ US43 -0.5 *****
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  • FINANCE & COMMODITIES
    • 374 29 In local curr In S$ In US$ dy yr dy yr dy yr Oct 13 Index Change Change Change Change Change Change World Index Preliminary 854.8 1.0 2.7 0.9 -3.0 1.2 4.7 EAFE Preliminary 777.7 1.1 -0.9 1.3 -4.8 1.6 2.6 Europe Preliminary 1152.5 1.7
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    • 174 29 Oct 14 0vernight 0.06 0.03 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.62 0.52 9 months 0.80 0.60 12 months 0.95 0.75
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    • 22 29 Oct 14 S$ Bid Offer 1-month 1.2921 1.2926 2-months 1.2921 1.2926 3-months 1.2921 1.2925 6-months 1.2918 1.2923 Source: OCBC
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    • 132 29 Oct 14 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2760 1.3150 Can dollar 1.2840 1.2990 Euro 1.8050 1.8250 NZ dollar 0.9770 0.9990 Sterling pound 2.0500 2.0740 US dollar 1.2850 1.3000 Local dollars to 100 units of foreign
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    • 29 29 Oct 14 Open High Sett STI Oct 3208 3208 3195 SIMSCI Oct 376.6 378.9 376.4 Taiwan Oct 285.7 291.2 290.0 Source: MF Global (S) Pte. Ltd
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    • 66 29 Oct 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 10 2900 2875 2901 2900 102 350 Nov 10 2955 2923 2963 2907 501 5413 Dec 10 2953 2916 2970 2898 ***** ***** Jan 11 2957 2920
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    • 430 29 Oct 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6750 0 7365 Mar11 99.6450 0 1712 Jun11 99.5950 0 1779 Sep11 99.5150 0 2116 EUROYEN TIBOR FUTURES Dec10 99.6825 0 2786 Mar11 99.7075 0 1554 Jun11 99.7175 2 2573 Sep11 99.7150 99.7150 99.7150 99.7100 0
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    • 139 29 Oct 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 404.0 402.5 404.0 40 Dec 10 405.0 402.0 405.0 60 Jan 11 405.0 403.5 405.0 38 Feb 11 405.0 405.0 406.0 24 Mar 11 407.0 60 Apr
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    • 88 29 Oct 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 13.01.2011 0.29 1-Year BY*****W 03.05.2011 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.12 104.18 104.14 5-Year N*****0S 2.875 01.07.2015 109.48 109.55 109.38
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    • 105 29 Oct 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1176.50 1178.50 1194.50 1172.00 Jan 11 1187.00 1189.50 1205.00 1182.75 Mar 11 1195.50 1199.00 1213.00 1192.00 May 11 1197.25 1203.00 1215.50 1194.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 47.22 46.54 47.18
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    • 77 29 CRUDE OIL PRODUCTS Oct 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 85.18 1.35 WTI (Near Mth) 83.05 1.22 Dubai (1-Mth F) 81.72 1.21 Tapis blend 91.15 1.55 Minas 84.40 1.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 83.27 0.77 Jet Kerosene 95.70 1.40 US$/barrel Opec Oil
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    • 2382 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 -0.5 279 1 3 -8 2.40 2 6221 Asia-Pacific Strategic W*****6 39 1 150 17 4.13 43 6227 ASJ Hldgs W*****1 2.5 1 4
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    • 464 29 Oct 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.998 6.647 0.708 7.753 44.097 89.149 0.810 11.069 3.080 1.308 85.827 43.123 1.291 6.771 0.946 30.737 29.780 0.622 0.999 Canada 1.002 6.661
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    • 85 29 Oct 14 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 29 Oct 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2908 1.2918 0.9989 0.9994 Canadian dollar 1.2935 1.2945 1.0010 1.0015 Euro 1.8236 1.8249 1.4112 1.4118 NZ dollar 0.9869 0.9877 0.7637 0.7641 Sterling pound 2.0744 2.0755 1.6053 1.6057
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    • 137 29 Oct 14 GOLD (US$/oz) Oct 14 Oct 13 Hong Kong 1382.50 1358.00 Oct 13 Oct 12 London 1371.55 1346.85 1372.30 1347.65 Source: Thomson Reuters CAST BAR Oct 14 (S$) Selling Buying Kilobar 61,559.24 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 138 57 5gm 392 287 10gm 699
      137 words
    • 71 29 Oct 13 Oct 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2380.75 2401.00 3 months 2417.00 2437.00 Copper, Grade A (US$/tonne) Cash 8353.00 8340.25 3 months 8362.00 8345.00 Lead (US$/tonne) Cash 2408.00 2348.00 3 months 2435.00 2376.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 82 29 Oct 13 COCOA (£/tonne) Close Prev High/Low Dec 10 1914 unch 1940/1913 Mar 11 1934 1936 1962/1934 May 11 1952 1954 1980/1952 Jul 11 1968 1969 1989/1975 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1648 1653 1665/1646 Jan 11 1679 1687 1701/1678 Mar 11 1700 1707 1716/1699 May 11
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    • 5708 30 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
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  • Page 31 Advertisements
    • 29 31 r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      29 words

  • executive lifestyle
    • 583 32  -  off the cuff jaime ee AS CURRENT news reports indicate, it’s really difficult to buy a football team, even when you have several hundred million dollars to spare. Speaking from personal experience, I couldn’t agree more. You see, I too am embroiled in
      583 words
    • 1665 32  -  The art market is booming, with four art fairs in Singapore and Malaysia from October to January. How will the democratisation of art sales affect the selling and buying of art? CHEAH UI-HOON finds out CHEAH UI-HOON A FEW years ago, one could count the
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    • CINEMA
      • 649 33  -  A lot goes on but nothing sort of happens in The American says DYLAN TAN DYLAN TAN IF a picture is worth a thousand words, then pher-turned-part-time-film-maker Anton Corbijn has his work cut out for him in his new gig. The go-to lensman for
        649 words
      • 659 33  -  By DYLAN TAN HALLOWEEN comes a fortnight early at multiplexes this week with two horror movies that are different as chalk and cheese. One leans towards the absurd while the other has so many plot twists it’s forced to change course after the first
        659 words
      • 497 33  -  DVD REVIEW By CHRISTOPHER LIM TO say that The Ghost Writer is about books and writers is selling the movie a bit short, but there’s some truth to that description. After all, it’s based on a book about a ghost writer working on a book.
        497 words
      • 579 33  -  By GEOFFREY EU MATT Dillon doesn’t have a monopoly on formulaic B-movies about shot-gun-waving robbers and armoured car heists it just seems that way. The former teen idol and indie favourite, whose knack for playing troubled loners and bad boys with a degree of
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    • ARTS
      • 733 34 Acclaimed Israeli choreographer Hofesh Shechter opened this year’s da:ns Festival with a filmic stunner, says CHEAH UI-HOON DA:NS FESTIVAL 2010 ISRAELI choreographer Hofesh Shechter, who is based in the United Kingdom, confesses a love for movies and an appreciation for the sophistication of
        GABRIELE ZUCCA  -  733 words
      • Article, Illustration
        1022 34  -  By LYNN KAN THE da:ns festival’s International Ballet Gala last Friday was a veritable dance buffet as top performers from around the world engaged the Esplanade theatre audience with vignettes from beloved classics. With so many dancers, it was hard for any to stand out, but those
        ESPLANADE  -  1,022 words
      • Article, Illustration
        486 34  -  By CHEAH UI-HOON THERE’S this e-mail going around which demonstrates just how much the mind can make sense of English even when the spelling is mangled and letters or vowels dropped. It appears that the brain just puts in the words since it reads in context. Singaporean choreographer
        ESPLANADE  -  486 words
      • 474 34  -  By LYNN KAN FOR a work inspired by the melancholy and nostalgia of a rainy day, the flamenco production Lluvia meaning rain in Spanish was merely cloudy, with a chance of showers. Eva Yerbabuena, the choreographer of Lluvia and its titular character in the
        ESPLANADE  -  474 words
      • 1115 36  -  The Saatchi Gallery’s biggest legacy may be that it brought the art of our time directly, freshly, with few filters to as many as possible, its CEO Nigel Hurst tells CLARISSA TAN CLARISSA TAN Korean Eye: Fantastic Ordinary is held at the Arts House until Oct
        ARTHUR LEE  -  1,115 words
      • 501 36  -  By NATALIE KOH WHEN Greek mythology is mentioned, you automatically think of huge temples dedicated to the beautiful but terrible Greek gods; Zeus throwing lightning bolts while beautiful women in flowy white robes look on, or mystical pools with hidden powers. While
        501 words
    • PURSUITS
      • 650 37  -  Matah Ati is an Indonesian dance opera based on the first king of Java’s epic war story against the Dutch, reports CHEAH UI-HOON ARTS CHEAH UI-HOON Matah Ati will be performed at The Esplanade Theatre on Oct 22 and 23 at 8pm. Tickets
        PHOTOS: ESPLANADE  -  650 words
      • 574 37  -  GAMING By CHRISTOPHER LIM SURVIVAL-HORROR games scare some players so much they refuse to try them, but although Dead Rising 2 broadly falls under that category, it’s really an interactive version of that cult movie genre the campy zombie movie. The first clue
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      • AROUND TOWN
        • 162 37 IN AD 79, Mount Vesuvius, a volcano in southern Italy, erupted, burying the cosmopolitan city of Pompeii under volcanic ash and pumice. Archaeological excavations in the mid-18th century led to the discovery of the city, giving detailed insights into the life of a city at
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        • 117 37 FOR its third year, Singapore’s International A Cappella Festival returns to the familiar venues of the Arts House Chamber and the Esplanade Recital Studio to provide audiences with some of the best a cappella groups around the world. There will be local as well
          117 words
        • 106 37  -  Compiled by NATALIE KOH FANS of popular comic book Iron Man can view unique figures of the superhero created by world-acclaimed collectible figure designers from America, Japan, Korea and Hong Kong. These figures, along with a towering seven-foot tall statue of the War Machine, stamps
          106 words
      • 496 37  -  Aiki Trading: Trading in Harmony with the Markets By Jeffery Tie Published by John Wiley Sons, Asia Hardback; 224 pages RRP: $62.06 incl GST Rating: B BOOK REVIEW By R SIVANITHY WHEN first hearing that the premise of this book is the
        496 words
    • MUSIC
      • 554 38  -  CHRISTOPHER LIM Three Singapore gigs showcase cutting-edge musicians from across genres, reports CHRISTOPHER LIM ATESTAMENT to the vitality of Singapore’s music scene is how many performances you can find off the beaten track. There is Australian indie pop tonight, but a New
        554 words
      • 481 38  -  CD REVIEW By CHRISTOPHER LIM There are ways for classicallytrained musicians to be contemporary without dumbing themselves down or descending into typical crossover blandness. The most obvious method is to premiere significant new work, and that’s what the Los Angeles Guitar Quartet (LAGQ) has done with
        481 words
    • WINE
      • 994 39  -  Germany’s fabled Mosel-Saar-Ruwer wine region enjoyed one of its most outstanding vintages in 2009, says N K YONG N K YONG LAST week I was in the Mosel in hotels where the Internet connection was frustrating, hence the absence of my column for two weeks. For
        994 words
      • Article, Illustration
        437 39  -  By CHRISTOPHER LIM STARTING today, chefs from 14 restaurants will demonstrate how food-friendly Austrian wines are as part of the second Austrian Wine Festival, which runs until Nov 15. This year’s festival has more than double last year’s participation and almost six times as many wines. All of
        437 words
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  • Page 33 Miscellaneous
    • 303 33 CRYPTIC CROSSWORD Across 1 Sling mud at fellow taking morning afloat in river (6) 4 Give official recognition to Bill with Charlie having read it aloud (8) 9 Reason it came back in turn (6) 10 Follower had record that is about small place (8) 11 Pay Sarah before Ray
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  • Page 35 Advertisements
    • 230 35 ESPLANADE PRESENTS Y- W I I *1 HARMONI ml i i MUSIC DIRECTOR: SIR SIMON RATTLE You've heard the accolades; you've seen the rave reviews. Now be a part of classical music history in Singapore when the acclaimed Berliner Philharmoniker, universally acknowledged as one of the top orchestras worldwide, performs
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  • Page 37 Advertisements
    • 170 37 Aliric PacTfic Marketfri "Wfn^ air I Venue: Auric Pacific Marketing Pte Ltd Wine Library 2, Enterprise Road S(*****4) Time: 16 Oct, 12pm 5pm 17 Oct, 10am 5pm STAR BUYS (more than 50 labels) 2005 Moondarra Conception Pinot Noir, Usual: $123, Offer: $65 2001 Monbousquet, Usual: $163, Offer: $92 1993 Troplong-Mondot,
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  • Page 38 Advertisements
    • 233 38 CIMB WORLD MasterCard I Gourmet dining at its finest. From now to 31 Jan 2011, CIMB Bank brings you irresistible dining options. All you have to do is bring your CIMB WORLD MasterCard and an appetite! Check out the participating restaurants and the generous discounts that await you: 2 diners
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  • Page 39 Advertisements
    • 157 39 rang mahal RESTAURANTS I W) E .-v'l na HP^ O/C" j }Kr VVVW V •n. W/saa-/i£ This Diwali, Rang Mahal Restaurants presents you with an opulent and stylish range of gift Poxes filled with traditional mitthais of various flavours. Inspired Py the splendour of Rajasthan era and its princely palaces,
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    • 39 39 The Bottle Shop Grand Opening Sale 11-18 October 2010 ©TripleOne Somerset For every bottle you buy we will donate S$9 to Kwong Wai Shiu Hospital www.1855thebottleshop.com Located at: TripleOne Somerset, 111 Somerset Road #01-27 Singapore *****4 Phone: +65 *****855
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  • LUXURY TRAVELOGUE
    • 967 40  -  Many come to tee off at Monterey’s famous golf courses but stay for the culinary, art, music and motoring adventures. By DYLAN TAN By DYLAN TAN THINK Pebble Beach and images of its perfectly manicured golf courses come to mind. But Monterey is more than just
      BLOOMBERG; FILE PHOTO; BLOOMBERG, AP  -  967 words
  • Page 40 Advertisements
    • 171 40 A New Standard In Wealth Management Services v f h Citigold Private Client is a unique wealth management offering that is exclusively designed for individuals with portfolios of over S$1 million. At Citigold Private Client, you will have access to professional and personalised wealth advisory expertise as well as customised
      171 words