The Business Times, 22 October 2010

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL30914
Total Pages: 36
1 36 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, October 22,2010
    23 words
  • Article, Illustration
    Lock icon Chipmakers in a tizzy as China cuts supply of exotic metals
    670 1  -  Electronics manufacturers upset as iPods, disk drives and TVs come under a supply cloud By WINSTON CHAI [SINGAPORE] Chipmakers and electronics manufacturers across the world are crying foul as China curbs the export of rare earth metals which hold
    AP  -  670 words
  • Article, Illustration
    Lock icon Buoyant MIT defies sombre sentiment
    468 1  -  By MICHELLE QUAH [SINGAPORE] Mapletree Industrial Trust (MIT) made a strong debut on the Singapore Exchange (SGX) yesterday a day when the broader market was dampened following news of China’s surprise interest rate hike on Tuesday. MIT soared to a high of $1.20 in intra-day
    Source: Bloomberg  -  468 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 3,163.53 (-15.62) ST INDEX FUTURES 3,163 (-13) SIMSCI 374.70 (-0.76) SIMSCI FUTURES 374.90 (+0.30) FOREX US$ S$ US$ (S$ per US$) 1.298 (US$/S$ per 1.577 2.047 EURO (US$/S$/E) 1.402 1.820 Foreign currency per US$ S$ YEN 81.00 62.40 RM 3.108 2.393 HK$ 7.764 5.980 BAHT 29.83
    141 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      92 1 CASINO PROJECT CapitaLand dragged into Macau lawsuit PAGE 2 ECONOMY China’s growth slows in Q3 PAGE 4 FESTIVALS AROUND THE WORLD Mooncakes on the Bund PAGE 32 EXEC LIFESTYLE Boutique hotels: Small and happening PAGE 30 A view from all sides of the CURRENCY WAR OPINION PAGE 23 Models are
      92 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      3 1 8 '*****1 *****4
      3 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      160 1 i Ccirtier -nL,- v vj+JM v v 9 TORTUE DE CARTIER PERPETUAL CALENDAR AND DAYS WITH RETROGRADE HAND 9422 MC CALIBRE THE CARTIER CALIBRE 9422 MC PRESENTS AN ORIGINAL AND UNIQUE INTERPRETATION OF THE PERPETUAL CALENDAR. THIS COMPLICATION FEATURES AN AVANT-GARDE DISPLAY CONSISTING OF A RETROGRADE HAND MOVING SEMI-INSTANTANEOUSLY TO
      160 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon CapitaLand dragged into legal battle in Macau
      680 2  -  It faces a lawsuit in connection with a proposed US$2.4b casino resort project By GRACE LEONG [SINGAPORE] CapitaLand’s foray into a casino resort project in Macau has run into legal headwinds. The Singapore-listed real estate and hospitality company, which failed in 2007 to
      680 words
    • Article
      Lock icon UK budget bloodbath is best despite pain
      389 2  -  (|3| REUTERS BREAKINGVIEWS By IAN CAMPBELL IT was billed as a bloodbath, and it is. By slashing public spending by £81 billion (S$165.6 billion) over five years, Britain’s coalition government is reversing the big increases of previous years. The plan is billed as
      389 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      579 2 Chipmakers in a tizzy as China cuts supply of exotic metals CHIPMAKERS and electronics manufacturers across the world are crying foul as China curbs the export of rare earth metals which hold the key to gadget production. Singapore manufacturers, meanwhile, are still working out the potential impact on
      579 words
    • Article
      Lock icon China growth slows in Q3, inflation rises
      640 4 Beijing may put yuan’s rise back in slow lane to reflect cooler economic conditions Reuters [BEIJING] China’s growth ebbed in the third quarter while inflation edged higher, suggesting that the world’s second-largest economy was far from overheating and that an interest rate rise
      Reuters  -  640 words
    • Article
      Lock icon Retail financial investors to get better protection
      498 4  -  By SIOW LI SEN [SINGAPORE] Soon, retail financial investors will have to prove that they know what they are getting into before they are allowed to buy certain investment products. And if they don’t, the Singapore Exchange (SGX) is ready to give them
      498 words
    • Article, Illustration
      Lock icon Major currencies roughly in alignment, says Geithner
      359 4 Reuters [GYEONGJU, South Korea] US Treasury Secretary Timothy Geithner yesterday said that major world currencies were “roughly in alignment” and called on the Group of 20 finance leaders to agree to “norms” on exchange rate policy. Laying out his agenda for this weekend’s
      Reuters; AFP  -  359 words
    • Article
      Lock icon Guangdong province to set up rep office in S’pore
      706 4  -  It sees the Republic as springboard to move into S-E Asia By in LYNETTE KHOO IN its push to internationalise its companies, Guangdong is setting up a new representative office in Singapore which it will use as a platform to venture
      706 words
    • Article
      Lock icon Orchard Rd to get $26m road-raising to prevent floods
      485 4  -  By EMILYN YAP [SINGAPORE] National water agency PUB is spending $26 million to raise a low-ly-ing stretch of Orchard Road and other facilities to keep the area from flooding. The height of a 1.4 km section of Orchard Road from Orange
      485 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      171 2 World's Finest Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed Call to arrange a personal tour today! W servcorp.com.sg Or Google "Servcorp" A
      171 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      221 2 ■«iniM;!!!!!!!! laia, "i"<a«n lProperty.com INTERNATIONAL COLLECTION 23 24 October 2010 10am 8pm Sands Expo Convention Centre This prestigious event is brought to you by iProperty.com Singapore Singapore's Leading Property Website Over 50 Exhibitors Award-Winning Property Developers Over 150 Projects for Your Investment Selection The iProperty.com EXPO International Collection will make
      221 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      281 3 I ve w fW A new horizon is yours vY y j /y\s V, i a y j rr r r < &E% *C? si JT?^r"1 i?; t K as <k> i-S--v. Ife I t-. -VPS* 3 *5# w H ks ?r*v sewsafr.. .-..V-W-. 4 I A <*> m 1
      281 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      59 4 IXiJ JERRY LUM Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg ERA St. Thomas Suites (Freehold) New Freehold Penthouse 29th floor, City IR View) Luxurious Spacious 4,672 sq ft, 5 bedrooms Balcony High 7m ceiling (living room Minutes to Orchard Supermarket River Valley Primary 3- 4-bedroom are also available
      59 words
Page thumbnail Page 5
Page thumbnail Page 6
  • COMPANY NEWS
    • Article
      Lock icon China’s rate hike may hit some S’pore listed firms
      472 6  -  China Minzhong, Yangzijiang and CapitaLand may suffer fall-outs: DMG By JAMIE LEE CHINA’S surprise interest rate hike could hit companies such as CapitaLand, China Minzhong and Yangzijiang Shipbuilding, said DMG Partners Securities in a report yesterday. The People’s Bank of China
      472 words
    • Article, Illustration
      Lock icon Oxley plans five more launches by end-2010
      433 6  -  By UMA SHANKARI PROPERTY developer Oxley Holdings, which will soon be listed on the Singapore Exchange’s Catalist board, plans to launch another five residential and commercial projects by end-2010. Chief executive Ching Chiat Kwong told BT that Oxley will roll out freehold projects
      433 words
    • Article, Illustration
      Lock icon Asian bubble ahead in 12 to 18 mths: RBS
      679 6  -  By LYNN LYNN KAN IN the next 12 to 18 months, investors should see a bubble in Asian equity prices, but one that will not be supported by similarly rosy news of economic growth, says RBS’ head of regional strategy Emil
      679 words
    • Article
      Lock icon Keppel’s Q3 profit rises 8.4% to $346m
      540 10  -  On property front, revenue rises 30% to $1.18b for nine months to Sept 30 By JOYCE HOOI KEPPEL Corporation’s net profit for the third quarter ended Sept 30 rose 8.4 per cent from $319.6 million a year ago to $346.3 million. But revenue
      540 words
    • Article, Illustration
      Lock icon CCT distributable income up 7.9% in Q3
      785 10  -  But revenue slides on sale of Robinson Pt, StarHub Centre By KALPANA RASHIWALA CAPITACOMMERCIAL Trust (CCT) has reported a 4.7 per cent year on year drop in third-quarter gross revenue on account of the sale of Robinson Point and StarHub Centre. But it
      FILE PHOTO  -  785 words
    • Article
      Lock icon Passengers matter most of all
      568 10  -  HOCK LOCK SIEW By LEE U-WEN THE very public war of words between Malaysia’s AirAsia and Singapore-based Tiger Airways over which is the better low-cost carrier has raised its fair share of eyebrows and guffaws. But both must take care not to lose sight of
      568 words
    • Article
      Lock icon At a glance
      304 10 At a glance Three months ended Sept 2010 Nine months ended Sept 2010 NET PROFIT CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG (S$m) (S$m) NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG (S$m) (S$m) TURNOVER Keppel Corp 1,015.63 1,344.39 -24.5 7,338.50 9,217.89 -20.4 346.29 319.56 8.4 2,449.99
      304 words
    • Article
      Lock icon SGX to clear OTC coal swaps from Nov 3
      228 10  -  By JAMIE LEE THE Singapore Exchange (SGX) will clear over-the-counter (OTC) Indonesian sub-bituminous coal swaps from Nov 3. This would make it the first exchange in the world to clear this OTC product, SGX said yesterday. “The extension of SGX’s OTC
      228 words
    • COMPANY BRIEFS
      • Article
        Lock icon Allied Tech warns of Q3 loss
        108 10 ALLIED Technologies has warned that it expects a quarterly net loss attributable to shareholders, due to significant foreign exchange losses in Q3. These were largely unrealised revaluation losses arising from the depreciation of the US dollar and Vietnamese dong against the Singapore dollar for
        108 words
      • Article
        Lock icon KSAM2 Petrodrill bags charter deal
        56 10 KS Energy Services says its 50 per cent-owned company KSAM2 Petrodrill Offshore Inc has won a two-plus-one-year charter contract worth up to US$50 million. The contract is for its new 300 ft jack-up rig KS Endeavor. The rig will be deployed in Africa, making it
        56 words
    • Article
      Lock icon Singapore gets better pension system score
      419 11  -  Mercer notes that CPF takes care of needs beyond retirement income By GENEVIEVE CUA SINGAPORE has scored higher in a global index of pension systems, notching an index value of 59.6 this year compared to 57 last year. Rank-wise, it is ninth in a
      419 words
    • Article
      Lock icon MapletreeLog’s Q3 DPU rises 4.1%; income up 8.1%
      305 11  -  By EMILYN YAP ACQUISITIONS have boosted Mapletree Logistics Trust’s (MapletreeLog) results for the third quarter ended Sept 30. The trust yesterday posted a net property income of $47.6 million up 8.1 per cent from a year ago. Amount distributable rose 9.5 per
      305 words
    • Article
      Lock icon Three innovators named E&Y awardees
      352 11  -  They beat close to 50 nominees to clinch the award By LYNN KAN THREE first-generation innovators were named Ernst and Young Entrepreneur of the Year awardees for Singapore. Chief executives Olivia Lum of water treatment company Hyflux, John Tan of reinsurer ACR Capital Holdings and
      352 words
    • Article
      Lock icon Pasir Ris EC site draws top bid of $262.62 psf
      512 11  -  By KALPANA RASHIWALA A 60-40 joint venture between NTUC Choice Homes Co-operative and Chip Eng Seng Corporation has emerged as the highest bidder for an executive condo (EC) site in Pasir Ris. Its bid of about $89.89 million works out
      512 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      1197 6 UIEJ MUN SIONG ENGINEERING LIMITED (Company Registration No.: *****0250M) (Incorporated in the Republic of Singapore on 30 April 1969) Invitation in respect of 107,000,000 New Shares comprising: (a) 2,000,000 Offer Shares at $0.20 for each Offer Share by way of public offer; and (b) 105,000,000 Placement Shares by way of
      1,197 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      188 6 UEMC A signature dovelopmor A mofnoor ol UEM Group NUSAJAYA EAST LEDANG YOUR DREAM OF LIVING IN A WORLD-CLASS CITY IS NOW 3 GEMS CLOSER TO REALITY <- CNBC ASIA-PACIFIC RESIDENTIAL PROPERTY AWARDS 2009 Best Asia Pacific Golf Development for HORIZON HILLS Beautiful dwellings surrounding a Ross Watson signature golf
      188 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      221 7 www.vw.com.sg a f mm 5* m V/j Y aA m 4 k. .•■••.v. ••3: iih 5? The new Touareg. Just arrived in Singapore. The all-new Volkswagen Touareg, luxurious on road, unsurpassed off road. Where you take it is up to you. Just tap your destination into the factory fitted Touchscreen
      221 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon ST Index drops despite HK rebound
      562 8  -  Genting and Jardine feature in index’s 15.6-point loss; Mapletree trust’s debut takes the limelight STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) should have finished in the black yesterday, as Hong Kong rebounded from a bout of afternoon weakness and Europe opened
      Source: Bloomberg  -  562 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Oct 21 VALUE CLOSE BT OB/OS -166.00 +101.0 BT CADI -*****.00 +1.0 BT 10-day MA -*****.00 -17.00 FTSE ST Mid Cap 789.39 +0.32 FTSE ST Small Cap 586.33 +1.92 FTSE ST All Share 783.58 -2.83 FTSE ST China Top 294.68 +0.81 FTSE ST China 331.85 +0.40 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      53 8 VOLUME MapletreeInd 345,023,000 Golden Agri 240,072,000 Genting SP 180,564,000 BerlianLaju 134,542,000 MapletreeLog 65,645,000 GLP 62,912,000 ChinaNTown 55,794,000 ChinaGaoxian 51,428,000 MDR 50,868,000 China Hongxing 48,395,000 VALUE($) Genting SP 402,970,182 MapletreeInd 402,015,180 Golden Agri 154,091,415 GLP 143,283,781 Wilmar 92,029,405 DBS Grp 90,475,902 UOB 70,598,960 MapletreeLog 60,019,055 CapitaLand 59,925,990 OCBC
      53 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 4 4 0 0 0 9 4 4 Manufacturing 58 46 90 4 9 13 62 55 103 Commerce 23 21 24 4 3 6 27 24 30 Tpt/Stor/Comms 17 11 13
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Market Strategy
        971 8  -  DMG Partners Research, Oct 21 Compiled by CONRAD TAN CHINA announced an unexpected increase of its key interest rates by 0.25 percentage point. The one-year benchmark deposit rates and one-year lending rates were raised to 2.5 per cent and 5.56 per cent, respectively, on Wednesday. The surprise
        971 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 47,646 47,646 73,054 73,054 Manufacturing 441,450 22,165 463,615 373,426 1,822 375,248 Commerce 86,272 19,350 105,622 103,897 2,958 106,855 Tpt/Stor/Comms 242,754 490 243,244 228,013 73 228,086 Finance 23,370 23,370 251,707 251,707 Construction 42,498 5,294 47,792 9,508
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 8 Stock name Close Change CapMallsAsia 2.200 +0.030 CapitaLand 3.980 -0.050 CapitaMall 2.010 CityDev 13.040 -0.200 ComfortDelGro 1.490 DBS Grp 14.360 -0.120 F&N 6.250 +0.010 Genting SP 2.220 -0.040 Golden Agri 0.655 -0.015 HK Land 6.620 -0.080 JMH 44.400 -0.960 JSH 25.820 -0.380 Jardine C&C 38.760 -0.100
      111 words
    • Article, Illustration
      Lock icon Euro gains on $ over expected Fed move
      475 8 Euro gains on over expected Fed move CURRENCIES Reuters [NEW YORK] The euro rose against the dollar yesterday in choppy trade, as investors wrestled with uncertainty over the size and shape of expected US monetary easing. With unemployment hovering around 9.5 per cent, the Federal Reserve is widely expected to
      Reuters; BLOOMBERG  -  475 words
    • Article
      Lock icon RISES
      117 8 BY CENTS CLOSE UP DBXT MSKorea 10US$ 5244 89.6 1.3 DBXT MSAsExJp 10US$ 3261 80.5 1.9 DBXT FTChina25 10US$ 3343 46.7 1.1 Lyxor China H 10US$ 1763 35.1 1.6 DBXT MSINDO 10us$ 1429 31.2 1.7 Lyxor LatinAmerica 1 920 23.4 2.0 Asia Pac Brew 1870 20.0 1.1 Lyxor India
      117 words
    • Article
      Lock icon FALLS
      120 8 BY CENTS CLOSE DOWN DBXT iBoxxKR 5US$ *****-133.7 -0.8 JMH 4440-124.6 -2.1 DBXT S&P Short 10US$ 4858 -68.8 -1.1 DBXT SPASX200 10US$ 3231 -64.9 -1.5 DBXT Nifty 10US$ ***** -55.8 -0.3 JSH 2582 -49.3 -1.5 CityDev.ES.1010 1298 -28.0 -2.1 STXPO 100 1434 -26.0 -1.8 DBXT FTVietnam 10US$ 3581 -24.7
      120 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      144 9 M is a little badge on the back. From the outside, a small addition to the BMW logo. But when you sit inside, you realise that everything in the car has an M to it. It's the M that makes sure every engine goes through a gruelling birth on the
      144 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      999 10 MATS NOTICES IN THE MATTER OF THE LAND TITLES (STRATA) ACT (CAP.158) AND IN THE MATTER OF THE MANAGEMENT CORPORATION STRATA TITLE PLAN NO. 1439 (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Management Corporation which is being wound up voluntarily, are required on or
      999 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      231 11 TIME EVER TRADE US-LISTED ASIAN COMPANIES ASIAN HOURS For the first time ever, trade Baidu, CTrip, and some of Asia's largest companies, formerly listed only in the U.S., with American Depositary Receipts (ADRs) on SGX GlobalQuote. Offered in partnership with NASDAQ, you can now manage positions during Asian hours with
      231 words
Page thumbnail Page 12
  • SINGAPORE NEWS
    • Article
      Lock icon HDB to roll out more BTO flats in 2011
      453 12  -  It plans to launch up to 22,000 BTO flats in 2011 if strong demand persists By EMILYN YAP THE Housing and Development Board (HDB) will continue to roll out new flats through the build-to-order (BTO) programme every month even as the
      453 words
    • Article
      Lock icon Property firms registering agents as new rules take effect
      404 12  -  By UMA SHANKARI PROPERTY firms have begun the process of registering their agents as the new statutory board set up to regulate real estate agents here, the Council for Estate Agencies (CEA), begins operations today. With CEA up and running, new
      404 words
    • Article, Illustration
      Lock icon Please don’t take my sunshine away
      294 12  -  By ARTHUR LEE IF your eyes felt irritable and your breathing was slightly heavier than normal yesterday, you had a lot of company. The haze situation has worsened since Wednesday with the three-hour PSI reading hitting the unhealthy range. It hit 102 at 5pm
      ARTHUR LEE  -  294 words
    • Article
      Lock icon FLAsia, Dubai SME agency set to ink MOU
      297 12  -  By KAREN NG LOCAL businesses and franchises looking to spread their wings overseas will be able to do so more easily once Franchising and Licensing Asia (FLAsia) inks a memorandum of understanding with a Dubai government agency today. The agency the Mohammed
      297 words
    • Article
      Lock icon Iggy’s reclaims Asia’s best restaurant crown
      436 12 Reuters SINGAPORE restaurant Iggy’s reclaimed its crown as the top dining spot in Asia in the third annual edition of a regional dining guide which saw a Malaysian restaurant make the top 10 for the first time. Iggy’s, run by restaurateur Ignatius Chan, topped
      Reuters  -  436 words
    • Article
      Lock icon German fund completes Chevron House acquisition
      183 12 THE $547 million sale of Chevron House at Raffles Place to a global fund managed by Deka Immobilien of Germany was completed yesterday. The acquisition price works out to about $2,083 psf based on the building’s net lettable area of 262,650 sq ft. The
      183 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon IMF urges Asia policymakers to remove stimulus, curb inflation
      604 13 Call for ‘an early move to normalise monetary policy stances’ Bloomberg [SYDNEY] Asia’s worldleading economies will keep drawing capital because interest rates in the US and other advanced nations will be low for a prolonged period, the International Monetary Fund (IMF)
      Bloomberg; REUTERS  -  604 words
    • Article
      Lock icon US economic growth ‘modest’ in recent weeks
      510 13 Housing, job markets remain weak; wage pressures minimal Reuters [WASHINGTON] The US economy grew sluggishly in recent weeks, with businesses struggling to raise prices and reluctant to hire and invest, the Federal Reserve said on Wednesday. The US central bank’s Beige Book provided
      Reuters  -  510 words
    • Article
      Lock icon Baht’s rise seen paring Thai growth to 7% this year
      455 13 Bloomberg [BANGKOK] Thailand’s economy may expand 7 per cent this year, down from an earlier forecast of as much as 7.5 per cent, because the baht’s appreciation will erode export revenue, the University of the Thai Chamber of Commerce said.
      Bloomberg  -  455 words
    • Article
      Lock icon UAE aim: Industry as 1/4 of GDP in 5 years
      139 13 UAE aim: Industry as 1 4 of GDP in 5 years Reuters [LONDON] The United Arab Emirates wants industry to account for about a quarter of its economy in five years’ time, as it seeks to reduce its dependence on oil, a Ministry of Economy official said on Wednesday. “Our
      Reuters  -  139 words
    • Article, Illustration
      Lock icon Stiglitz for more stimulus instead of Fed easing
      475 13 Bloomberg [WASHINGTON] Nobel Prize-winning economist Joseph Stiglitz said on Wednesday the United States needs more fiscal stimulus to aid the economy and that more unconventional monetary easing by the Federal Reserve would do little to spur the recovery. A Columbia University economics
      Bloomberg  -  475 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      141 13 And twice as many eyes. More than 1,000 brokers in 50 branches and 60 research analysts across 5 countries, in fact. So what, you ask. So that's more analysts researching the best possible investment opportunities and making expert predictions based on that research (considered the most detailed in the industry).
      141 words
Page thumbnail Page 14
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Najib calls for an end to racial disharmony
      723 14  -  Also urges Malays to learn to compete in a more meritocratic environment By S JAYASANKARAN PRIME Minister Najib Razak moved to quell potentially divisive debates about race in his presidential address to the United Malays National Organisation (Umno) yesterday and called on
      723 words
    • Article
      Lock icon Singapore, Malaysia bearing brunt of worst haze in 4 years
      346 14 Reuters [SINGAPORE] Illegal forest clearing fires in Indonesia’s Sumatra Island are sending haze across the Malacca Strait to neighbouring Malaysia and Singapore, causing the worst air pollution since 2006, officials said yesterday. Despite pledge among governments to deter fires, the
      Reuters  -  346 words
    • Article, Illustration
      Lock icon YTL MD conferred top ‘ethical business’ award
      378 14  -  By LEE U-WEN YTL Corporation’s managing director Francis Yeoh has become the first Malaysian to be conferred the prestigious Business for Peace Award at the annual Oslo Summit in Norway. The 56-year-old businessman received the award on Monday for his efforts “in promoting
      378 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      198 14 ices Food Baked Foe Own A Franchise Be Your Own Boss! FRANCHISING LICENSING ASIA 2010 The International Event for Entrepreneurship, Business Opportunities Intellectual Property Rights in Asia Exhibition Conference www.FranchiseLicenseAsia.com 21 23 October 2010 10.30am -6.30pm Marina Bay Sands, Singapore Exhibition Hall B, Level 1 Last 2 Days! Leading Brands,
      198 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      49 14 ISSUE THREE GET IT NOW 'v* A >V I >'A s *S> V-w t\ M ISSUE WAT WAl WHY /i 200 TREND-PROOF TIMEPIEC NEW WAYS WITH POCKET TOP 10 MEN'S TICKERS i YOUR A TO DEFINITIVE WATCH MAGAZINE Of THE YEAR 2010 SILVER AVAILABLE AT ALL LEADING BOOKSTORES SPHmagazines
      49 words
Page thumbnail Page 15
Page thumbnail Page 16
  • GREATER CHINA
    • Article, Illustration
      Lock icon China prepares for first census in 10 years
      478 16 It faces challenges of tracking highly mobile migrant workers and citizens’ privacy issues [BEIJING] Counting millions of migrant workers and citizens’ privacy concerns are among the biggest difficulties facing China as it prepares for the world’s largest census next month, an official
      AP  -  478 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      430 16 WINE DINE AND HOSPITALITY 4 SWAY WITH SINGAPORE'S 'KING OF SWING' JEREMY MONTEIRO AT INK Be enthralled by the wistful artistry of criticallyacclaimed and world-renowned Jazz pianist, singer and composer Jeremy Monteiro, as he colours your evening with his classy shades of rhythm and blues. MONDAY THURSDAY 9:30PM 12:30AM FRIDAY,
      430 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      166 17 Samsung-Tiong Seng Joint Venture Heartiest Congratulations on the Commencement Ceremony of connexion on 20th Oct 2010 connexion developed by Singapore HealthPartners 1 T; Pt> COMMENCEMENT CEREMONY T illinium en 20" October 2010 Guest of Honout Mr. OH JOON L AmbassacckJkil kj Lu I kui ouaiia miMi'iiiEiin 1111 11 'IIMpBi MMIMII11
      166 words
Page thumbnail Page 18
  • INDIA/GREATER CHINA
    • Article, Illustration
      Lock icon India food inflation dips to 15.53% in early Oct
      487 18 But it’s still stubbornly high, keeping pressure on central bank to raise rates at next review Reuters [NEW DELHI] India’s annual food price inflation eased in early October but remained stubbornly high, keeping pressure on the central bank to raise policy
      Reuters; REUTERS  -  487 words
    • Article
      Lock icon Record rating upgrades lure fund managers
      389 18 Foreigners buy more bonds in 2010 than total for last 8 years Bloomberg [MUMBAI] Debt ratings for Indian companies are improving at an unprecedented pace, helping attract the world’s biggest fund managers to record bond sales. Crisil Ltd, the Indian unit of Standard Poor’s,
      Bloomberg  -  389 words
    • Article
      Lock icon Aluminium plant’s expansion axed
      254 18 Bloomberg [MUMBAI] Vedanta Resources plc’s proposal to start a US$8.5 billion expansion of its aluminium complex in India was rejected by the Environment Ministry yesterday, citing violations of forestry laws. The ministry ordered the London-based company to not begin any new construction at the site and
      Bloomberg  -  254 words
    • Article
      Lock icon Coal India IPO worth US$3.5m subscribed over 15 times
      363 18 Reuters AFP [MUMBAI] State-run Coal India’s initial public offering worth up to US$3.5 billion was covered 15.2 times at the close of the issue yesterday, with both the institutional and retail portion’s getting heavily oversubscribed. Heavy oversubscription to India’s largest-ever IPO
      Reuters; AFP  -  363 words
    • Article, Illustration
      Lock icon Property bubble in Chinese cities: IMF
      331 18 Bloomberg [SYDNEY] Shanghai’s property market and some wealthier areas of Beijing may be starting to overheat, even as housing prices in China more broadly are not rising excessively, the International Monetary Fund said. “Mass-market residential markets in Shanghai and Shenzhen and luxury residential markets
      Bloomberg; REUTERS  -  331 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      624 18 BEATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES KEPPELLANDLIMITED (Co.Reg.No.*****0001G) (Incorporated theRepublic Singapore) LOSTCERTIFICATE Applicationhasbeenmade theDirectors theabovenamedCompany issue aa replacementcertificate place thefollowingcertificates thename ESTTEOF ANHINSIN,DECEASED whichhavebeenreportedlost destroyed:CertificateNo(s). No. Shares *****23E 11 xx 900 NOTICE HEREBY GIVEN that within fourteen days from the date publication, noclaim representation respect suchoriginal certificate si s
      624 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      780 18 nI n In ttheMatter The Companies Act, Cap.50 And nI n In ttheMatter EL E LE BIJOU(PRIV TE)LIMITED. (InMember oluntar Liquidation) (Co. eg.No. 025M) NNOOTICEOFFINALGENERALMEETIN NNOOTICE HEREB GIVEN hatpursuant Section 308 heCompaniesAct,Cap. 50, heFinalGener Meeting heabo namedCompan will beheld eppel RRooad#02-0 ohBuildingSingapor *****8,onhe23r day No mber20 1100a.m.for hepurposes havinganaccountlaidbefor hemeetingshowing
      780 words
Page thumbnail Page 19
  • WORLD
    • Article, Illustration
      Lock icon Old habits put G-20 plans at risk: EU, US
      623 19 They fear that global trade, savings imbalances are widening again G20 SUMMIT Reuters [WASHINGTON] The world’s biggest economies are slipping back into pre-crisis bad habits, US and European officials warned on Wednesday, and the G-20 should target trade gaps and exchange
      Reuters; AP  -  623 words
    • Article
      Lock icon Indonesia finance minister adds to G-20 absentee list
      274 19 AFP [JAKARTA] Indonesian Finance Minister Agus Martowardojo will not be attending this weekend’s G-20 meeting in South Korea, an official said yesterday without giving a reason. The announcement comes after Brazil’s finance minister, who has accused the world’s leading nations of waging
      AFP  -  274 words
    • Article
      Lock icon India ‘no’ to cap on current acct balances
      413 19 G-20 right place to discuss currencies and QE policies’ impact in rich economies Reuters [NEW DELHI] India will oppose any plans by the Group of 20 (G-20) leading economies to impose caps on individual countries’ current account balances as a solution to
      Reuters  -  413 words
    • Article
      Lock icon Asia faces capital flood if Fed injects more liquidity
      538 20  -  US urged to be mindful of global implications of its monetary policy By ANTHONY ROWLEY PROSPECTIVE further injections of liquidity into the US economy could see a fresh tidal wave of capital wash up on the shores of Asian and other
      538 words
    • Article
      Lock icon More capital controls, trade curbs seen
      457 20  -  CLSA paints this scenario when US quantitative easing kicks in next year By TEH SHI NING EMERGING economies’ currencies will need to rise in response to capital inflows from US once quantitative easing there kicks in. But with those involved reluctant to move first
      457 words
    • Article
      Lock icon Credit Suisse Q3 earnings dive 74%
      245 20 AP [GENEVA] Swiss bank Credit Suisse Group yesterday said third-quarter net profit slumped 74 per cent to 609 million Swiss francs (S$818.7 million), far below even pessimistic expectations, due to “challenging conditions” in the markets. Net profit attributable to shareholders during the same period
      AP  -  245 words
    • Article, Illustration
      Lock icon Germany lifts growth forecast to fastest since 1991
      393 20 Bloomberg [BERLIN] The German government said the economy will grow this year at the fastest pace since 1991, raising its forecast as exports to China and other Asian countries boom and consumer spending revives. Europe’s largest economy will probably grow by 3.4
      Bloomberg; AFP  -  393 words
    • Article, Illustration
      Lock icon US mortgage woes not systemic, say Obama aides
      639 20 Reuters [WASHINGTON] The Obama administration said it found no sign so far of “systemic” home foreclosure troubles that threaten US financial stability, or structural problems that could undermine investments linked to mortgages. But Housing and Urban Development Secretary Shaun Donovan said that
      Reuters; AFP  -  639 words
    • Article
      Lock icon Leading indicators index up again
      394 20 LATEST US DATA Bloomberg [NEW YORK] The index of US leading indicators rose in September for the third straight month, signalling the recovery will extend into 2011. The 0.3 per cent increase in the New York-based Conference Board’s gauge of the outlook for the next
      Bloomberg  -  394 words
    • Article
      Lock icon US financial stocks lagging market rally
      688 21  -  Analysts say sector’s poor showing could be a drag on sustained Wall St rebound By ANDREW MARKS A BIG RALLY for the biggest US financial firms at the beginning of the week briefly sent a ray of hope investors’ way that these downtrodden stocks
      688 words
    • Article
      Lock icon BOE leans towards more easing but in no hurry
      356 21 Reuters [LONDON] November’s Bank of England meeting is shaping up to be the most crucial this year, but the growing number of investors betting on imminent UK monetary stimulus may be disappointed. The BOE’s track record since the start of the
      Reuters  -  356 words
    • Article
      Lock icon NTT Data to buy Keane for more than 100b yen
      339 21 Reuters [TOKYO] Japanese IT services company NTT Data Corp will buy US firm Keane Inc for more than 100 billion yen (S$1.6 billion), as it looks to make a major push into the world’s biggest IT market, the Nikkei business
      Reuters  -  339 words
    • Article
      Lock icon Toyota recalling 1.5m cars globally, mostly in US, Japan
      493 21 Brake fluid and fuel pump problems are the latest in its string of quality woes AP [TOKYO] Toyota is recalling 1.53 million Lexus, Avalon and other models, mostly in the US and Japan, for brake fluid and fuel pump problems, the
      AP  -  493 words
    • Article
      Lock icon Man U debt soars amid fan backlash
      534 21 Using team funds to pay off loans could create new uproar Bloomberg [LONDON] Manchester United’s owners are shouldering 16.25 per cent annual interest charges because of concern they’d anger fans by using the soccer club’s cash to pay off the loans, two people
      Bloomberg  -  534 words
    • Article, Illustration
      Lock icon LINING UP A STELLAR CAST
      94 21 [LONDON] Novelist Kazuo Ishiguro (from left) posing with British actresses Isobel Meikle-Small (who plays the role of young Kathy), Carey Mulligan (Kathy), Ella Purnell (young Ruth) and Keira Knightley (Ruth), alongside director Mark Romanek during a photocall for ‘Never Let Me Go’, a British dystopian
      94 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      21 19 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg.
      21 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      297 19 Corporation eppel Keppel Corporation Limited Co Reg No: *****0351N (Incorporated theRepublicofSingapore) Thir QuarterandNineMonths2010FinancialStatement .1 1. UNAUDITEDRESULTSFORTHIRDQUARTERANDNINEMONTHSENDED30SEPTEMBER2010 TheDirectorsofKeppelCorporationLimitedadvisethefollowingunauditedresultsoftheGroupforthethirdquarterandninemonthsended 30 September 2010: THIRDQUARTER NINEMONTHS 2010 2009 2010 2009 $’000 $’000 $’000 $’000 Revenue 2,449,986 3,038,168 7,338,502 9,217,886 Operatingprofi 427,578 419,726 1,279,187 1,091,749 Netinvestment interestincome/(expense) 11,920 (1,389) 11,386 11,005 Shareofresultsofassociatedcompanies 42,319 69,049 153,373
      297 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      31 20 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY FESTIVE FEVER It's time to shop for the festival of lights m 5 GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      31 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      1276 21 AP Goldtron Limited <co. Reg. NO: *****0234E) (Incorporated In The Republic of Singapore) NOTICE OF EXPIRY OF WARRANTS GOLDTRON W*****2 To: ALL HOLDERS OF WARRANTS W*****2 ("WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY SHARES IN THE CAPITAL OF GOLDTRON LIMITED (THE "COMPANY") THIS IS AN IMPORTANT NOTICE THAT REQUIRES YOUR IMMEDIATE
      1,276 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon Haze issue needs a permanent solution
      487 22 EDITORIAL SINGAPORE this week experienced its worst air pollution levels for four years as the country is once again blanketed by a thick layer of haze, courtesy of raging forest fires in Indonesia. It’s a perennial problem that South-east Asia has tackled since 1997
      487 words
    • Article, Illustration
      Lock icon China needs to know cost of maintaining ‘stability’
      750 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator DESPITE no-expenses-spared efforts to boost its soft power, such as the Shanghai Expo and plans to open a Xinhua news agency office atop a skyscraper in New York’s
      750 words
    • Article, Illustration
      Lock icon Debt relief for US better than currency wars
      1193 22  -  G-20 summit will be a success if it draws up a plan that reverses capital outflows from US By SHIN JANG-SUP The writer is an economics professor at the National University of Singapore SINGAPORE does not normally use monetary and fiscal policies
      REUTERS  -  1,193 words
    • Article, Illustration
      Lock icon A view from all sides of the currency war
      1965 23  -  With the greenback sliding against major currencies, the US needs to focus on its fiscal reforms VIKRAM KHANNA Associate Editor Cast of characters United States China Japan Europe Emerging Economies IMF United States: OK everybody, here’s the problem: Our economic recovery
      REUTERS; Source: Bloomberg  -  1,965 words
    • Article
      Lock icon Take action against errant LCCs
      157 23  -  LETTER TO THE EDITOR Bill Chua YOUR editorial “LCCs must raise service standards” (BT, Oct 21) was indeed a timely reminder. Air travel is an international business and any disruptions have a wide impact. Moreover, Singapore is a transport hub. We want to make Singapore
      157 words
Page thumbnail Page 23
Page thumbnail Page 24
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Airfares, hotel rates seen rising 10% next year
      653 24  -  Amex BT expects steepest rise in Asia as suppliers regain pricing power Reports by VEN SREENIVASAN AIRFARES and hotel rates in key markets worldwide will increase about 10 per cent next year, according to American Express Business Travel (Amex BT). In its
      ALPHONSUS CHERN/THE STRAITS TIMES  -  653 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3090 24 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
      3,090 words
    • Article
      Lock icon Changi’s passenger traffic up 10.8% to 3.39m
      228 24 SINGAPORE Changi Airport registered some 3.39 million passenger movements in September 2010, an increase of 10.8 per cent year-on-year. This brings the total number, year-to-date, at Changi to 30.8 million passenger movements, a growth of 15.3 per cent compared to the same period
      228 words
    • Article
      Lock icon US airlines post big quarter profits, fuelling optimism
      418 24 Reuters [ATLANTA] Major US airlines accelerated their recovery in the summer travel season and reported strong profits on impressive revenues on Wednesday, sending the sector’s shares soaring on optimism for the remainder of the year. Delta Air Lines Inc and US Airways
      Reuters  -  418 words
    • Article
      Lock icon Typhoon shuts key China oil ports
      245 24 Reuters [SINGAPORE] Several key oil and container ports in southern China were closed yesterday ahead of Typhoon Megi, stopping bunker fuel deliveries and forcing tankers to evacuate to calmer waters, industry sources said. The typhoon, one of the biggest to threaten the South China
      Reuters  -  245 words
    • Article
      Lock icon Hopes fade for rebound in crude oil tanker market
      344 24 Reuters [LONDON] Growing vessel availability, sluggish demand and worries about the world economy are pressuring crude oil tanker earnings and hopes for a strong rebound in the fourth quarter are fading, analysts say. Average earnings for very large crude carriers (VLCCs)
      Reuters  -  344 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 24 SGX '000 Oct 21 S$ +/-Vol CH Offshore 0.54 unch 537 Chuan Hup Hldg 0.25 -0.01 357 Cosco Corp 1.96 unch ***** CWT Ltd 0.98 0.01 3707 Ezra Hldgs 1.82 -0.02 6157 First Ship Lea 0.48 0.01 1213 Freight Links 0.08 unch 4797 Grand Banks unch unch 0
      278 words
Page thumbnail Page 25
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9077 25 Transaction date: Oct 21 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 19 unch 45 19 18.5 18.5 19 1.7 9.5 6.1 91 12 5 5834
      9,077 words
    • Article
      Lock icon SGX CATALIST
      1695 26 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 7 4 1181 t AA Grp 4 -0.5 200 4 4 3.5 4.5 22.2 3.9 225 130 6222 t APStrategic 166 +4
      1,695 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9403 26 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!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,403 words
    • Article
      Lock icon SGX ETF
      845 26 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 $mil 124 107 6389 ABF SG Bond ETF 117 114 117 534.1 1036 757 CIMBAsean40 100US$ US1008 unch 20 1008 1008 1010 1018 40.3 325
      845 words
    • Article
      Lock icon CLOB INTERNATIONAL
      263 26 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 $mil 56 38 6000 AVJennings A49.5 -1.5 1 49.5 49.5 49.5 53.5 3.6 7.1 4 128.9 55 16 6017 Genting HK US$ US45.5 -1 *****
      263 words
Page thumbnail Page 26
Page thumbnail Page 27
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 27 In local curr In S$ In US$ dy yr dy yr dy yr Oct 20 Index Change Change Change Change Change Change World Index Preliminary 854.6 0.5 2.7 0.5 -3.0 1.1 4.6 EAFE Preliminary 778.2 -0.1 -0.8 0.5 -4.6 1.1 2.9 Europe Preliminary 1152.5 0.4
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 27 Oct 21 $S Offer Bid 0vernight 0.03 PAR 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.10 US$ 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
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Oct 21 S$ Bid Offer 1-month 1.2982 1.2985 2-months 1.2981 1.2985 3-months 1.2982 1.2985 6-months 1.2981 1.2984 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 Oct 21 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.249 Can dollar 1.294 1.245 Euro 1.849 1.778 Sterling pound 2.099 2.019 NZ dollar 1.006 0.959 US dollar 1.321 1.271 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 27 Oct 21 Open High Sett STI Oct 3163 SIMSCI Oct 374.9 377.4 374.9 Taiwan Oct 285.7 287.4 285.3 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      66 27 Oct 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 10 3016 2995 3016 2990 1088 3045 Dec 10 3014 2990 3025 2985 3555 ***** Jan 11 3010 2990 3021 2984 8911 ***** Feb 11 3005 2987
      66 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      430 27 Oct 21 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6500 0 8459 Mar11 99.6050 0 2102 Jun11 99.5650 0 1569 Sep11 99.5050 0 2116 EUROYEN TIBOR FUTURES Dec10 99.6825 99.6825 99.6725 99.6825 18 2747 Mar11 99.6925 99.6975 99.6925 99.7075 0 1546 Jun11 99.7050 99.7050 99.7000
      430 words
    • Article
      Lock icon SICOM FUTURES
      142 27 Oct 21 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 403.9 401.0 403.9 26 Dec 10 403.0 403.0 404.0 8 Jan 11 404.0 404.0 404.0 8 Feb 11 404.0 404.0 404.0 22 Mar 11 405.0 60 Apr
      142 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 Oct 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 20.01.2011 0.29 1-Year BY*****W 03.05.2011 0.33 0.33 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 104.06 104.10 104.05 5-Year N*****0S 2.875 01.07.2015 109.27
      88 words
    • Article
      Lock icon CHICAGO BOT
      105 27 Oct 20 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1212.00 1180.00 1214.00 1173.75 Jan 11 1223.75 1191.50 1225.75 1185.00 Mar 11 1232.25 1199.75 1233.50 1193.00 May 11 1235.25 1202.75 1236.50 1196.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 10 48.47 47.10 48.52
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS Oct 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 82.93 0.44 WTI (Near Mth) 81.82 2.29 Dubai (1-Mth F) 79.33 -1.74 Tapis blend 88.20 -2.30 Minas 82.10 -1.80 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.00 -1.58 Jet Kerosene 93.25 -2.25 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2449 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 3 unch 545 1 3 2.00 2 6221 Asia-Pacific Strategic W*****6 39 1 150 14 4.26 43 6227 ASJ Hldgs W*****1 3.5 1 4 15
      2,449 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 27 Oct 21 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.006 6.554 0.704 7.657 43.706 88.087 0.799 11.118 3.065 1.310 84.763 42.641 1.280 6.837 0.949 30.439 29.415 0.626 0.986 Canada 0.994 6.517
      464 words
    • Article
      Lock icon SIBOR
      85 27 Oct 21 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 Oct 21 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2800 1.2810 0.9860 0.9865 Canadian dollar 1.2727 1.2739 0.9804 0.9811 Euro 1.8196 1.8201 1.4016 1.4017 NZ dollar 0.9768 0.9776 0.7524 0.7529 Sterling pound 2.0465 2.0473 1.5764 1.5767
      154 words
    • Article
      Lock icon PRECIOUS METALS
      137 27 Oct 21 GOLD (US$/oz) Oct 20 Oct 21 Hong Kong 1343.00 1345.50 Oct 19 Oct 20 London 1340.30 1344.05 1340.70 1344.45 Source: Thomson Reuters CAST BAR Oct 21 (S$) Selling Buying Kilobar 60,583.40 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 136 57 5gm 385 283 10gm 688
      137 words
    • Article
      Lock icon LONDON METALS
      71 27 Oct 20 Oct 20 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2329.50 2322.00 3 months 2362.00 2355.50 Copper, Grade A (US$/tonne) Cash 8320.00 8240.75 3 months 8340.00 8260.00 Lead (US$/tonne) Cash 2422.00 2373.25 3 months 2450.00 2400.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 27 Oct 20 COCOA (£/tonne) Close Prev High/Low Dec 10 1860 1853 1868/1841 Mar 11 1889 1883 1896/1870 May 11 1908 1903 1915/1893 Jul 11 1926 1922 1933/1912 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1818 1715 1828/1704 Jan 11 1840 1742 1850/1731 Mar 11 1826 1750 1835/1741 May 11
      82 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5686 28 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.
      5,686 words
Page thumbnail Page 28
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      34 29 I 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 THE BUSINESS TIMES SHIPPING TIMES
      34 words
Page thumbnail Page 30
  • executive lifestyle
    • Article
      Lock icon An old jungle story
      535 30  -  off the cuff jaime ee IT was just another day in the animal kingdom and a black sun bear and a pot-bellied pig were out for their daily stroll when they came across a young tiger cub crying in a grass clearing. “What’s wrong, little Timmy
      535 words
    • Article, Illustration
      Lock icon Booming boutique hotels
      1551 30  -  New and existing players are confident that the pie is still growing fast enough for all to have a share, reports MELISSA LWEE MELISSA LWEE IT IS nerve-wrecking enough opening a new hotel in Singapore, more so when there are two others of a similar ilk making
      FILE PHOTO  -  1,551 words
    • CINEMA
      • Article, Illustration
        Lock icon Affleck’s slick flick is talk of The Town
        683 31  -  Ben Affleck pulls off a taut thriller while sealing cred as director, co-writer and leading man in The Town says GEOFFREY EU GEOFFREY EU PEOPLE who live in The Town as in Charlestown, a work-ing-class Boston neighbourhood where the air is thick
        BLOOMBERG  -  683 words
      • Article, Illustration
        Lock icon Cupid calls the shots
        589 31  -  By DYLAN TAN THERE’S a kind of mush all over cineplexes with three rom-coms, all from different parts of the world, opening this weekend. Cupid will be busy cashing in as amorous couples cosy into love seats at the back of cinema halls. Women behave badly
        589 words
      • Article, Illustration
        Lock icon Geek tragedy
        593 31  -  By GEOFFREY EU ALL will be revealed in The Girl Who Kicked the Hornet’s Nest, the last of three films based on Swedish author Stieg Larsson’s posthumous Millennium Trilogy, which follows the tribulations of punk-rock computer hacker Lisbeth Salander and the efforts of investigative journalist Mikael Blomkvist to
        ENCORE FILMS  -  593 words
      • Article, Illustration
        Lock icon Retreading a Korea riven by war
        511 31  -  By DYLAN TAN AFTER a successful career built on romantic weepies, director John H. Lee (below) has switched genres to find human stories on the battlefield. “In terms of the movies and TV serials that are exportthere’s that make lot ed, there’s a perception
        511 words
      • Article, Illustration
        Lock icon Simply dazzling SFX
        354 31  -  BLU-RAY REVIEW By CHRISTOPHER LIM NOT everyone’s happy that computer-generated imagery is de rigueur in movie-making today, but it’s far more acceptable when the film in question draws its DNA from a video game, such as Prince of Persia: The Sands of Time. Based on a 2003
        354 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon Mooncakes on the Bund
        1128 32  -  Whether you’re looking for a restful break or a more raucous holiday, the Mid-Autumn Festival in Shanghai offers something for everyone, says DEBBIE YONG DEBBIE YONG The writer is doing a Master’s degree at Shanghai’s Fudan University LATE for an interview, I jumped into a taxi
        GILLIAN BOLSOVER; GILLIAN BOLSOVER, REUTERS  -  1,128 words
    • PURSUITS
      • Article, Illustration
        Lock icon It’s the songs that make or break albums
        732 33  -  Great technique and vocals aside, when it comes to hitting it on the nail, John Legend and Manic Street Preachers do it right, says CHRISTOPHER LIM CD REVIEW CHRISTOPHER LIM SUCCESSFULalbumsare often less a matter of technique especially when it comes to
        732 words
      • Article, Illustration
        Lock icon After The Secret, it’s The Power
        742 33  -  BOOK REVIEW By KENNETH JAMES IN 2006 a self-help video titled The Secret was released online and as a DVD; it spread like wildfire. The video’s creator, Rhonda Byrne, followed that up eight months later with a book, also called The Secret. To date,
        742 words
      • Article, Illustration
        Lock icon Much to cheer about, despite minor bugs
        521 33  -  GAMING By LEE KIM SIANG EA Sports’ perennial football series is back with its latest incarnation, Fifa 11. Coming on the heels of last year’s near-perfect Fifa 10, can this year’s edition possibly top it? The answer is a resounding yes but it
        521 words
    • ARTS
      • Article, Illustration
        Lock icon Blast from the past
        1042 34  -  CLARISSA TAN walks along the spookily beautiful trail of the Pompeii exhibition, and wonders at the way the city’s tragic destruction still reverberates for us today CLARISSA TAN IT’S hard not to feel moved and slightly sick all around you on the floor are body casts
        PHOTOS: SOPRINTENDENZA SPECIALE PERI BENI ARCHEOLOGICI DI NAPOLIE POMPEI  -  1,042 words
      • AROUND TOWN
        • Article, Illustration
          Lock icon Unique piece of visual theatre
          154 34 THE same team behind 0501, the President’s Design Award 2007 winner, has come together to create another stunning piece of visual theatre in an intimate setting. suitCASES by The Finger Players (right) is a brand-new theatrical creation that will feature unworldly puppet creations, new forms
          154 words
        • Article
          Lock icon Graffiti art and youth culture
          110 34 GRAFFITI art was once viewed as pure vandalism, but now, it has evolved into a way to connect with youths through its usage of bold colours and imagery a fact manifested in its use in youth-targeted marketing campaigns. Local graffiti artist, Zul Othman aka ZERO,
          110 words
        • Article
          Lock icon The fresh and the familiar
          78 34 AMERICAN indie rock band Vampire Weekend is coming to Singapore. They will be performing songs from their fifth and most recent album, Contra, which bustles with fresh ideas, yet sounds immediately familiar, with the usual breezy tone that fans would recognise from their previous albums,
          78 words
        • Article
          Lock icon Audition for ‘Spring Awakening’
          122 34  -  Compiled by NATALIE KOH PANGDEMONIUM! Productions is looking for 11 aspiring teen actors for their upcoming production, Spring Awakening, which is slated for the stage in February 2012. The critically acclaimed, award-winning Broadway musical tells the tale of 11 teenagers’ journey of self-discovery.The theatre company, helmed
          122 words
      • Article, Illustration
        Lock icon Art show with charity bent comes to town
        637 34  -  By MADHVI SUBRAHMANIAN ART is not only a form of self-expression but a means of promoting charity. Several organisations around the world are using art in various ways to help the disadvantaged. Charities such as Sovereign Art Foundation, based in Hong Kong
        637 words
      • Article, Illustration
        Lock icon Plenty of promise but short on delivery
        478 34  -  By NATALIE KOH WHAT would you do if you died and couldn’t go to heaven? Or the equivalent of the afterlife? You come back to the mortal world to sort things out, that’s what. And such is the premise of Action Theatre’s Ma
        478 words
    • WINE/DANCE
      • Article, Illustration
        Lock icon Heady in Burgundy
        1118 35  -  To savour the best of the harvest from village producers to the Grands Crus, the Big Three of Drouhin, Faiveley and Bouchard Pere et Fils are a good start, says N K YONG N K YONG A SUPPER of boiled egg, cold baked ham and a croissant
        1,118 words
      • Article, Illustration
        Lock icon Well-worn steps weigh on show
        599 35  -  DA:NS FESTIVAL 2010 By LYNN KAN AMBIGUITY may on the one hand be thought-provoking, but a dance misses the mark when it leaves audiences unsure about what it was about. In Singapore Dance Theatre’s Refractions, Edwaard Liang from the United States and Xing Liang from
        PHOTOS: ESPLANADE  -  599 words
      • Article, Illustration
        Lock icon Unshod but Giselle soars
        594 35  -  By LYNN KAN ALTHOUGH Picasso wasn’t present at last Saturday’s staging of Giselle by the Lyon Opera Ballet, he’d be pleased at what he saw: fawn-like characters cavorting freely, Cubist-inspired sets and, above all, humanism and understanding of the human psyche. Another thing Giselle’s choreographer Mats
        594 words
    • LUXURY TRAVELOGUE
      • Article, Illustration
        Lock icon Cruising the Med in style
        1308 36  -  Butler service, jacuzzi in the bathroom, topnotch cuisine there’s nothing quite like sailing on the Crystal Serenity. By GOH HWEE LENG GOH HWEE LENG A KNOCK on the door followed by a voice gently calling out: “Ma’am, it’s Aleks” roused me from my book. The
        GOH HWEE LENG; PHOTOS BY GOH HWEE LENG; PHOTOS BY CRYSTAL CRUISES  -  1,308 words
  • Page 30 Advertisements
Page thumbnail Page 31
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      166 32 NOW DEFINING GLOBAL LIVING IN AUSTRALIA is It f. JL^r From the spacious exclusivity and refinement of Ascott to the vibrancy of independent city-living at Citadines, or the pampering touches for the family at Somerset, there is an Ascott serviced residence designed to make you feel at home. Because life
      166 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 2
      12 32 Brought to you by Ascott This series is brought to you by
      12 words
Page thumbnail Page 33
  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      294 33 CRYPTIC CROSSWORD Across 1 Chief warning the majority (8) 5 Corporation with a strike-breaker (6) 9 Buddy, revolutionary and chaplain (8) 10 Back from game for some meat (6) 11 Nude disturbed by noise in port (7) 12 Horse carried me to some hot stuff (7) 13 Justification for living
      294 words
Page thumbnail Page 34
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Lock icon Page 35 Advertisements Column 1
      459 35 Official Travel Insurer: Preferred Card: ©2010 Citibank. Citibank is a registered service mark of Citigroup Inc.Co.Reg.No.*****9485K. CELEBRATE 45! HOLIDAY FIESTA All prices are subjected to associated taxes surcharges correct at time of print subject to change fr $74 to $929 24 Oct (Sun) 10am 8pm Suntec Singapore Level 3 Concourse
      459 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Lock icon Page 36 Advertisements Column 1
      171 36 i i v A New Standard In Wealth Management Services 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
    • Advertisement
      Lock icon Page 36 Advertisements Column 2
      42 36 Exclusive travel experiences await you when you start a Citigold Private Client relationship and invest with us This is the fourth of a five-part series on unique travel experiences brought to you by Visit www.citigoldprivateclient.com or call +65 6388 3388 for details
      42 words