The Business Times, 29 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: 41
1 24 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 Sfh A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, October 29,2010
    23 words
  • Article, Illustration
    Lock icon Jittery developers go low-rise on confidence
    955 1  -  34% expect prices of new launches to fall; some fear more cooling measures By KALPANA RASHIWALA [SINGAPORE] The worstkept secret in the property market is out in the open. Not only are developers less upbeat about the future but a third of them actually
    Source: Real Estate Sentiment Index Survey  -  955 words
  • Article, Illustration
    Lock icon Las Vegas Sands hits Singapore jackpot
    424 1  -  MBS posts Ebitda of US$241.6m for its first full quarter By WINSTON CHAI [SINGAPORE] The winnings are rolling in from Singapore for US gaming giant Las Vegas Sands Corp (LVS). Marina Bay Sands (MBS), turning in its first full-quarter results, has delivered record earnings
    424 words
  • Article
    Lock icon MARKETS DIGEST
    145 1 G ST INDEX 3,129.50 (+5.12) G ST INDEX FUTURES 3,130 (+6) G SIMSCI 369.47 (+0.22) G SIMSCI FUTURES 369.60 (+0.50) FOREX US$ S$ US$ (S$ per US$) 1.301 (US$/S$ per 1.578 2.053 EURO (US$/S$/E) 1.382 1.798 Foreign currency per US$ S$ YEN 81.30 62.50 RM 3.112 2.392 HK$
    145 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      83 1 RICH LIST IN CHINA Raking in their millions before the age of 30 PAGE 4 EXECUTIVE LIFESTYLE Businesses flex apps PAGE 36 CD REVIEW Emerson Quartet, Yuja Wang, Christine Brewer, The Canadian Tenors PAGE 39 t. w+7 ''"""Jo, svt-a Yu2FVi. *5fe BREI LING 4 METRE > *N CH RON CER
      83 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      7 1 LUXURY TRAVELOGUE PAGE 42 8 '*****1 *****4
      7 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Sea change in tax policies rippling across the world
      785 2  -  Govts aim to recoup the billions used to shore up economies during the last crisis By MICHELLE QUAH [SINGAPORE] Significant tax policy changes are about to take place around the world. The global financial crisis and the millions of dollars it
      Source: KPMG  -  785 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      545 2 Jittery developers go low-rise on confidence THE worst-kept secret in the property market is out in the open. Not only are developers less upbeat about the future but a third of them actually expect prices of new homes to decline. This dose of pessimism was reflected in the
      545 words
    • Article, Illustration
      Lock icon More Aussie lawmakers stand in SGX’s way
      579 3 Motion made to bar majority foreign ownership of ASX SGX-ASX MERGER [CANBERRA] The Singapore Exchange Ltd’s A$8.1 billion (S$10.3 billion) bid for ASX Ltd was dealt another setback when three key Australian lawmakers said that they opposed the sale of the nation’s bourse.
      BLOOMBERG  -  579 words
    • Article
      Lock icon Will SGX shareholders give the nod?
      325 3  -  HH REUTERS BREAKINGVIEWS By WEI GU WHATEVER the difficulty in gaining Australian approval for the takeover of rival ASX, it might be thought Singapore Exchange's own investors would be a rubber stamp. But the Singapore government, the largest, can't vote; the Tokyo Exchange, the
      325 words
    • Article
      Lock icon More young millionaires in China rich list
      610 3  -  Beverage tycoon, Baidu co-founder top list as consumer and tech firms rise By LEE U-WEN [SINGAPORE] Not only are the rich getting even wealthier in China, they seem to be raking in their millions and in some cases, billions of dollars before they
      610 words
    • Article, Illustration
      Lock icon NTUC president to make way for new blood in 2011
      505 3  -  By CHUANG PECK MING NTUC president John De Payva will not seek re-elec-tion next year, setting the stage for the labour movement to formalise the practice of passing on the leadership when the incumbent hits 62. He announced his intention
      505 words
    • Article
      Lock icon The curious ‘Case’ of the Internet scam
      472 3  -  By LYNN KAN [SINGAPORE] Business accreditation certificates issued by the Consumers Association of Singapore (Case) have been misappropriated in an Internet scam. An individual claiming to be a bank representative acting on behalf of the World Bank has e-mailed countless people promising an
      472 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      325 2 RafflesMedical a s V ue Management Fatigue is the most common health complaint that affects our mind and body, whether we are in school, at work or home. It is usually neglected until we experience its effects. Familiar physical illness that causes fatigue includes anaemia, thyroid disease and infection. Psychological
      325 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      166 2 Ready For Home Entertainment That’s LARGER Than Life? A Wireless Stereo System designed by Philippe Starck $2688 UP $2999 With our array of award-winning products, AV One invests all its effort and expertise to ensure your new system is a sure-fire blockbuster. Since our inception in 1998, we have commissioned
      166 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      292 3 bl "I oulevard SINGAPORE Standing apart, yet keeping the finest company. In Singapore's premier district, Orchard. Inessence presents Boulevard Vue a limited collection of 28 bespoke residences in one of Singapore's most exclusive residential enclaves. Boulevard Vue's distinctive glass-sheathed architecture and magnificent curvilinear "beacon" atrium sets it apart while its
      292 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      81 3 cordlife one chance, one choice. A Leader in quality cord blood banking. A Leader in cord blood technology. Driven by Visionary Leadership. APEA 2010 (Asia Pacific Entrepreneurship Awards) Most Outstanding Entrepreneurship Award Dr. Steven Fang cordlife congratulates our visionary leader, Dr. Steven Fang, on receiving his award. a o Singapore's
      81 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      811 5 A TOAST TO A TRUE 1 Congratulations to Mr Dennis Foo on receiving the Lifetime Achievement for Outstanding NIGHTLIFE guru Dennis Foo is known for his daring ventures and monumental projects, but he recognises that he would have had little success without the invaluable support of his business partners, many
      811 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon XinRen drops below IPO price after solid debut
      378 4  -  DBS takes stabilising action, buying 20.3m shares at prices up to 53.5¢ By JOYCE HOOI XINREN Aluminum Holdings’ share price succumbed overwhelmingly to gravity yesterday when it tanked to below the 55-cent offer price, just a day after the stock’s sterling debut.
      378 words
    • Article
      Lock icon Top Global surges on iconic site bid, property project hopes
      654 4  -  HOT STOCKS By JAMIE LEE SHARES of Top Global a Catalist-listed company led by Sukmawati Widjaja of the influential family in Indonesia surged in active trading yesterday after making its first mark in the property scene and signalling that more
      654 words
    • Article, Illustration
      Lock icon CapitaMalls Asia Q3 profit climbs 14% to $68m
      378 4  -  By UMA SHANKARI CAPITAMALLS Asia (CMA) yesterday reported a third-quarter net profit of $68 million, 14 per cent higher than the $59.6 million it recorded for the corresponding period last year. The increase in earnings came despite a 22 per cent fall
      FILE PHOTO  -  378 words
    • Article, Illustration
      Lock icon YZJ moves closer to building bigger vessels
      481 6  -  It signs business, tech cooperation MOU with Taiwan listed CSBC Corp By LYNN KAN YANGZIJIANG Shipbuilding Holdings (YZJ) is a step closer to realising its ambition of building bigger ships. The company, which on Tuesday reported strong third-quarter revenues of 3.08 billion yuan
      BLOOMBERG  -  481 words
    • Article
      Lock icon iShares ETFs engage market makers to boost liquidity
      379 6  -  By JAMIE LEE THREE of four BlackRock’s exchange traded funds (ETFs) listed in Singapore will now be traded with designated market makers in a bid to ensure liquidity, BlackRock said in a press statement yesterday. The three ETFs refer to iShares S&P
      379 words
    • Article, Illustration
      Lock icon STATS ChipPAC’s Q3 profit down 3.6%
      332 6  -  By WINSTON CHAI STATS ChipPAC’s thirdquarter profit eased as higher costs offset the improvement to its top-line. For the three months ended Sept 27, net income of the Singapore-based semiconductor test and advanced packaging service provider was US$24.2 million, or US$0.01 per share, down
      332 words
    • COMPANY BRIEFS
      • Article
        Lock icon Eu Yan Sang posts 14% Q1 earnings rise
        66 6 STRONGER retail sales across its three core markets lifted Eu Yan Sang’s net profit for the first quarter ended Sept 30 by 14 per cent to $4.1 million, from $3.6 million last year. Q1 earnings per share rose to 1.14 cents from
        66 words
      • Article
        Lock icon Multi-Chem Q3 profit soars to $4.3m
        84 6 PCB (polychlorinated biphenyls) chemicals and materials distributor Multi-Chem yesterday reported a 144 per cent jump in third-quarter net profit to $4.3 million, from $1.8 million a year earlier. Earnings per share for the period climbed to 1.19 cents from 0.49 cents. Q3 sales rose
        84 words
      • Article
        Lock icon CMZ profit up 41% as sales rise 36%
        105 6 CMZ Holdings’ net profit for the six months ended Sept 30 jumped 41.1 per cent to 35.5 million yuan (S$6.9 million) as it sold more zippers and at higher prices. Its revenue rose 36.3 per cent to 152.7 million yuan for the
        105 words
    • Article, Illustration
      Lock icon Singapore, Vietnam firms seal US$291m of deals
      559 7  -  PM Lee discusses regional security, developments in Asean with Viet PM By TEH SHI NING SINGAPORE and Vietnamese companies signed four real estate and industrial deals worth US$291 million on the sidelines of the 17th Asean Summit in Hanoi yesterday. CapitaLand (Vietnam) will
      559 words
    • Article
      Lock icon Tiger signs another jet financing deal with Stanchart
      198 7 TIGER Airways and Standard Chartered Bank have inked another multi-million-dollar financing deal for the pre-delivery payments (PDP) of 14 new Airbus A320 aircraft. In addition, Tiger Airways has agreed with Airbus to advance the deliveries of two aircraft originally scheduled for 2015-16
      198 words
    • Article
      Lock icon Oxley shares fully subscribed
      278 7  -  By EMILYN YAP SHARES of Oxley Holdings begin trading on the Catalist board today, after investors subscribed for all 224 million new shares in the boutique property developer. The shares offered by way of placement were sold at 38 cents each. Application monies received came up
      278 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      637 4 #>'4i OXLEY HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 16 March 2010) (Company Registration Number: *****5612G) Invitation in respect of 224,000,000 New Shares ("Placement Shares") at $0.38 each by way of placement, payable in full on application (the "Placement"). APPLICATION RESULTS The Board of Directors of OXLEY HOLDINGS
      637 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      191 4 This announcement appears as a matter of record only 28 October 2010 e x f OXLEY HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 16 March 2010) (Company Registration Number: *****5612G) m K SWP9 Invitation in respect of 224,000,000 New Shares at $0.38 each by way of placement Sponsor
      191 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      442 7 (PWI 9 r A to Come home T'fie Suite Panasonic's new massage lounger EP-MA10 brings home that Spa-inspired lifestyle After a long day's work, your body certainly needs all the refreshment and rejuvenation it deserves. And these days with the proliferation of spas all over Singapore, the options are plenty.
      442 words
Page thumbnail Page 5
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stocks traders sell into strength
      591 5  -  STI cuts gain from 15 pts to just 5 pts; market score at 203 rises to 191 falls after losers gain ground STOCKS R SIVANITHY Senior Correspondent SELLING into strength appears to be the preferred option these days, judging by movements so far this week.
      Source: Bloomberg  -  591 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 5 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 5 Oct 28 VALUE CLOSE BT OB/OS -529.00 +105.0 BT CADI -*****.00 +26.0 BT 10-day MA -*****.00 -53.00 FTSE ST Mid Cap 780.43 +0.24 FTSE ST Small Cap 580.29 +1.43 FTSE ST All Share 775.10 +1.14 FTSE ST China Top 289.63 -0.30 FTSE ST China 330.01 -0.32 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      53 5 VOLUME TopGlobal W*****9 682,547,000 TopGlobal 646,896,000 XinRen 353,197,000 Genting SP 237,540,000 AlliedTech 131,569,000 Silverlake 51,816,000 ChinaGaoxian 50,251,000 Eagle Brand 47,323,000 GLP 44,221,000 China Hongxing 42,972,000 VALUE($) Genting SP 517,894,250 XinRen 212,609,310 DBS Grp 149,441,020 GLP 98,465,450 CapitaLand 56,224,080 OCBC Bk 52,921,620 SGX 47,639,220 SingTel 45,877,500 Yangzijiang 44,882,080
      53 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 5 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 5 3 0 0 0 9 5 3 Manufacturing 52 41 93 3 4 15 55 45 108 Commerce 22 5 35 4 6 4 26 11 39 Tpt/Stor/Comms 10 21 14
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon China XLX Fertiliser
        304 5 Oct 28 close: $0.595 DBS Vickers Research, Oct 28 Q3 FY10 were results in line. Backed by 23 per cent topline growth, China XLX’s Q3 FY10 net profit rose 24 per cent q-o-q to 28 million yuan ($5.4 million), thanks to the compound fertiliser division, which saw
        Source: Bloomberg  -  304 words
      • Article
        Lock icon Banking Sector
        638 5  -  CIMB Research, Oct 28 Compiled by LYNETTE KHOO LOCAL banks have fallen 5.2 per cent on average YTD, versus the index’s 7.8 per cent gain. The banks have lagged the local market in a persistently low interest rate environment. The rollover of assets to lower-yielding securities and loans
        638 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 5 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,992 28,992 56,974 56,974 Manufacturing 852,120 21,138 873,258 423,726 1,237 424,963 Commerce 59,336 12,945 72,281 98,843 1,738 100,581 Tpt/Stor/Comms 100,001 410 100,411 154,846 38 154,884 Finance 28,850 108 28,958 297,998 16 298,014 Construction 19,455 649,181
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 5 Stock name Close Change CapMallsAsia 2.140 CapitaLand 3.900 -0.020 CapitaMall 1.960 -0.030 CityDev 12.960 -0.020 ComfortDelGro 1.460 DBS Grp 13.940 -0.080 F&N 6.210 +0.030 Genting SP 2.160 +0.030 Golden Agri 0.665 -0.005 HK Land 6.760 +0.040 JMH 44.000 +0.420 JSH 25.600 +0.340 Jardine C&C 39.140 -0.200
      111 words
    • Article, Illustration
      Lock icon Drop in Treasury yields weighs on $
      488 5 Drop in Treasury yields weighs on CURRENCIES Reuters [NEW YORK] The US dollar slipped yesterday, surrendering some gains from the last two days, as US Treasury yields fell, making them less attractive and easing demand for the dollars to buy them. A recent move to trim extreme short dollar positions,
      Reuters; BLOOMBERG  -  488 words
    • Article
      Lock icon RISES
      106 5 BY CENTS CLOSE UP IS S&P500 ***** 894.6 6.1 IS MSCI Spore 1358 465.5 35.8 DBXT Nifty 10US$ ***** 183.3 1.0 JMH 4400 54.6 1.0 JSH 2560 44.2 1.3 DBXT MSTaiwan 10US$ 1783 31.2 1.4 Great Eastern 1600 28.0 1.8 Lyxor China H 10US$ 1720 20.8 0.9 UOB.ES.1010 1874
      106 words
    • Article
      Lock icon FALLS
      132 5 BY CENTS CLOSE DOWN DBXT E50 10US$ 4266-156.0 -2.7 DBXT FTChina25 10US$ 3287 -79.3 -1.8 GLD 10US$ ***** -65.0 -0.4 IS DJ US Tech 6161 -50.7 -0.6 DBXT S&P Short 10US$ 4835 -45.5 -0.7 DBXT MSCHINA 10US$ 1291 -37.7 -2.2 DBXT MSJAP 10US$ 3687 -37.7 -0.8 Kep Corp.ES.1011 968
      132 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 5 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      756 9 Panasonic ideas for life Advertisement GE" SADDLED a C35 The Core Trainer EU7805 is Panasonic's latest addition to its range of exercise machines that simulates horseback riding to improve one's overall fitness. From A Spark Of Inspiration The concept of applying horseback riding to exercise machines was first conceived in
      756 words
Page thumbnail Page 6
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      83 11 With Great Eastern, women run the city. We believe every woman is a winner in the race of life! And we're proud to be the title sponsor of the Great Eastern Women 10K this Sunday 31 October. This year, over 12,000 will participate in Asia's biggest run for women. At
      83 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      116 7 ph^urawon^ By Chewathai Hup Soon Ready To Move In Now Sail 1 a '-..riinTfi- "T3EE:il*r** —3.' L, JU IjSf 5 Wit ppii'il i! ,J i mm B mm i pfHII i.L HIr R P—5BJBKS L l r 7 I ft III 0 m 0*] II Free For enquiries, please contact:
      116 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      41 7 Ifli TRUE DECK SHIRT TRUE COMFORT Deck Shirts For a Limited Period only ca Boutiq Great World City #B1-24 Nautica Isetan Katong Level 2 Nautica Boutique Marina Square #02-208 Nautica Boutique Raffles City #02-26 Nautica Boutique VivoCity #01-87 *N Al m
      41 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      165 13 Munich Automobiles munichauto.com.sg Sheer Driving Pleasure BORN ON THE RACETRACK. BEHAVES LIKE IT NEVER LEFT. m ww m m m xw N 'A m m m msm m m eassssss i.-. m °MWx 5 M 0 r to mm v llV%V,\V \V\\.*V K\*S x x -"■^r mm m iisi The
      165 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article
      Lock icon Bullish bids for Sembawang landed plots
      537 8  -  Most winning offers for the 99-year leasehold sites range from $500-$600 psf By UMA SHANKARI A GOVERNMENT land auction of 14 landed housing plots in Sembawang drew fierce bidding and bullish top offers as developers demonstrated their confidence in the landed housing market. Most
      537 words
    • Article, Illustration
      Lock icon Top local tourism players honoured
      446 8  -  By NISHA RAMCHANDANI SINGAPORE’S top tourism players were honoured yesterday at the Singapore Experience Awards 2010, celebrating the individuals and organisations which consistently create and successfully deliver quality experiences. The Singapore Experience Awards are organised by the Singapore Tourism Board (STB). Senior Minister of State
      ARTHUR LEE  -  446 words
    • Article
      Lock icon Entrepreneur awards honour Indian firms
      437 8  -  By MALMINDERJIT SINGH BUSINESS links between Singapore and India are flourishing and that was evident at the annual Singapore Indian Chambers of Commerce and Industry (SICCI)-DBS Singapore Indian Entrepreneur Awards (SIEA) 2010 yesterday. For the first time ever, the SICCI-DBS SIEA recognised the contributions of
      437 words
    • Article
      Lock icon Adult education gets a $7.5m boost from WDA
      431 8  -  Initiatives aimed at developing worldclass CET system By CHAN SWEE KHUAN SINGAPORE’S Continuing Education and Training (CET) system got a big boost from the Workforce Development Agency (WDA) in the form of a $3 million CET Innovation Fund and a $4.5 million
      431 words
    • Article
      Lock icon PM Lee calls for Asean to band together
      379 8  -  By TEH SHI NING ASEAN must “band together” to sustain its economic recovery and “thrive in an uncertain world,” Prime Minister Lee Hsien Loong said at the Asean Leaders’ retreat yesterday. Its “culture of compliance” needs strengthening with improved monitoring of whether
      379 words
    • Article
      Lock icon AG joins MAS board of directors
      133 8 ATTORNEY-GENERAL of Singapore Sundaresh Menon has been appointed to the Monetary Authority of Singapore’s (MAS) board of directors. Mr Menon’s term of appointment will last from Nov 1, 2010 to Nov 31, 2012, according to an announcement released by the MAS yesterday. He will
      133 words
    • Article
      Lock icon Regulation of AHPs wins public backing
      257 8 THE Ministry of Health (MOH) has seen strong support from the public as well as allied health professional associations for the proposed Allied Health Professions (AHP) Bill, according to a public consultation carried out recently. The proposed AHP Bill aims to provide a framework
      257 words
    • Article
      Lock icon Nuclear energy inevitable for Singapore
      569 8  -  By JOYCE HOOI THE use of nuclear energy is going to be a matter of time for Singapore, industry players said yesterday at the Singapore Electricity Roundtable during Singapore International Energy Week. While the specifics of how this will happen for Singapore remain unclear, the
      569 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      299 15 y A A A u i k t Si m 1 See the world of ETFs through our eyes. iShares' Keep evolving Listed on iShares, the world's leading ETF provider, now offers four convenient ways to access global markets from Singapore. iShares S&P 500 Index Fund (117) iShares MSCI Singapore
      299 words
Page thumbnail Page 9
  • ECONOMY WATCH
    • Article
      Lock icon Japan divided over free trade ahead of Apec
      566 9 Exporters eager to grow markets but farmers fearful of cheap imports AFP [TOKYO] Heated debate has broken out in Japan about joining a Pacific free trade pact slowly taking shape, with exporters eager to grow their markets but the coddled farm sector
      AFP  -  566 words
    • Article, Illustration
      Lock icon Austerity drive will hit growth, says Bank of England official
      405 9 Weak economy needs £50b stimulus now, he argues Reuters [LONDON] Government spending cuts announced last week will deliver a “material” hit to economic growth over the next two years, a Bank of England policymaker was quoted as saying yesterday. In
      Reuters; BLOOMBERG  -  405 words
    • Article
      Lock icon Thai GDP seen to expand 7.3% this year
      411 9 Industrial output grows 8.1% in Sept, down from August’s 8.4% Reuters [BANGKOK] Thailand’s economy is projected to expand 7.3 per cent in 2010 despite the baht’s appreciation, which has worried exporters, a Finance Ministry spokesman said yesterday, as data showed factory output
      Reuters  -  411 words
    • Article
      Lock icon Central bank bleeds as the Aussie surges
      272 9 AFP [SYDNEY] Australia’s central bank yesterday posted a record annual loss due to a surge in the commodities-driven local currency which saw it briefly breach parity with the US dollar. The Reserve Bank of Australia (RBA) said the spike in the risk-oriented “Aussie”
      AFP  -  272 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      280 9 WINE DINE AND HOSPITALITY SET SAIL ON A SEAFOOD ODYSSEY Helmed by Chef Lucas McMillan, Zambuca holds its own as one of Pan Pacific Singapore's three signature restaurants, offering modern Italian cuisine. In November, feast on a 5-course set dinner menu at $68 or $98 per person, paired with wine.
      280 words
Page thumbnail Page 10
  • MALAYSIA
    • Article
      Lock icon KL central bank will pre-empt property bubble
      398 10 Speculative activities exist in some areas but not widespread in country: Zeti Reuters Bernama [KUALA LUMPUR] Malaysia’s central bank yesterday warned that it will clamp down on any speculation that threatens to create a property bubble. Bank Negara governor Zeti Akhtar Aziz said
      Reuters; Bernama  -  398 words
    • Article
      Lock icon Hybrid cars to have big impact on Malaysian motorists next year
      505 10  -  By PAULINE NG HYBRID cars are set to make a far bigger impact on Malaysian motorists next year when full duty and excise exemptions kick in, with one company indicating its vehicle would cost a fifth or some RM35,000
      505 words
    • Article
      Lock icon Graft crackdown still on track: minister
      602 10  -  By S JAYASANKARAN THE Minister in the Prime Minister’s Department Idris Jala said yesterday that the government was still on track in fighting corruption despite a relatively poor rating on Transparency International’s (TI) 2010 annual Corruption Perception Index (CPI). Mr Idris is also the
      602 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      511 10 AT DAMANSARA HEIGHTS AN ICONIC LANDMARK OF DAMANSARA HEIGHTS Kuala Lumpur LUXURIOUS LIVING IN THE PREMIER RESIDENTIAL ADDRESS OF KUALA LUMPUR S. X 1§ I I I Si BtpC s; us lii IN Liiiii Liiii jini 3r H Els ii ■ii JUJ —i j Li- i- J WBI1 Ml The
      511 words
Page thumbnail Page 18
  • GREATER CHINA
    • Article, Illustration
      Lock icon Chinese toy makers reject customers
      444 18 Strengthening yuan makes them baulk at any large or long-term orders AFP Bloomberg.net [BEIJING] China said yesterday that its exporters were feeling the strain of a recent appreciation of the yuan, which had made them reluctant to take any large or long-term orders. While critics
      AFP; Bloomberg.net; BLOOMBERG FILE PHOTO  -  444 words
    • Article
      Lock icon Sun Hung Kai’s Walter Kwok up the ante in family dispute
      292 18 AFP [HONG KONG] The eldest scion of one of Hong Kong’s richest dynasties has agreed to walk away from a feud with his family if he is paid more than the US$2.6 billion they have offered, a report said
      AFP  -  292 words
    • Article
      Lock icon ICBC to buy 60% stake in AXA’s China insurance arm
      366 18 Bloomberg [SHANGHAI] Industrial Commercial Bank of China Ltd, the world’s largest lender by market value, agreed to buy a 60 per cent stake in AXA SA’s China insurance venture in its latest foray outside banking. ICBC will pay about 1.2
      Bloomberg  -  366 words
    • Article
      Lock icon China: Rare earths no ‘bargaining tool’
      421 11 It says exports are cut to protect reserves from reckless exploitation Reuters [BEIJING] China will not use its dominance of global rare earths supplies as a “bargaining tool” with foreign economies, a spokesman for the country’s Ministry of Industry and Information Technology said yesterday.
      Reuters  -  421 words
    • Article
      Lock icon Banks outperform on positive earnings
      234 11 AFP [SHANGHAI] Chinese banks were outperforming the broader stock market yesterday after several major lenders posted strong third-quarter earnings. Bank of China, the nation’s fourth-larg-est bank by assets, said on Wednesday that its third-quarter net profit rose 29 per cent on-year to 27.22 billion yuan
      AFP  -  234 words
    • Article, Illustration
      Lock icon Yuan loans 30% cheaper as HK deposits surge
      465 11 Bloomberg [BEIJING] The 130 billion yuan (S$25.24 billion) of savings in Hong Kong’s banks is making it cheaper for Chinese companies to borrow yuan-denominated loans in the city rather than back home. China Automation Group Ltd will pay 4.6 per cent interest
      Bloomberg; REUTERS  -  465 words
    • Article
      Lock icon China may have built world’s fastest computer: Nvidia
      307 11 Bloomberg [BEIJING] China’s National University of Defence Technology may have designed the world’s fastest supercomputer with speeds 43 per cent greater than previous systems, Nvidia Corp said. The university’s Tianhe-1A set a performance record of 2.507 petaflops, or more than two quadrillion
      Bloomberg  -  307 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      1844 18 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg XPRESS HOLDINGS LTD (Company Registration No.*****2058Z) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that theAnnual General Meeting of Xpress Holdings Ltd (“the Company”) will be held at No.1 KallangWay 2A,CommunicationsTechno Centre,Singapore *****5,on Monday,15 November 2010,at
      1,844 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      334 19 Sw Mibt0 << J." r> S. <4 n ."V 1 k lj 3#?«r=<bE: '/TV I ■irT-r* i f r.va *-> 1 I I I I Hfeg. «>k sr? $b i i T""' "T tea* i i if r a.'C*si\<'"'' Vj; rj. BH sfess ABOUT SWIBER PJW3000 Congratulations Swiber Holdings Limited
      334 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      130 11 SIGNUPAT MENSHEALTH.COM.SG ARACELIKE NOOTHER! FEB20(SUN)•7AM•NICOLLHIGHWAY THEMEN’SHEALTHURBANATHLON2011 ISBIGGER,TOUGHERANDMORE DEMANDING.CANYOUHANDLEIT? AREYOUUPFORTHECHALLENGE?SIGNUPNOW! MENSHEALTH.COM.SG THE MEN’S HEALTH URBANATHLON RETURNS in 2011 with a more gruelling 12km course and nine fiendish urban obstacles that will push every runner’s endurance to the limit. Old favourites and thrilling new challenges await you conquer flights of stairs, scale
      130 words
Page thumbnail Page 12
  • INDIA
    • Article
      Lock icon Food inflation eases, but rates pressure remains
      458 12 Prices belie hopes of cooling after normal monsoon rains, better supplies Reuters [NEW DELHI] India’s annual food inflation eased in mid-October, but it remains stubbornly high and will feed into wider headline inflation to keep pressure on the central bank to raise rates
      Reuters  -  458 words
    • Article
      Lock icon Billionaire razes Bangalore home for condo devt
      265 12 Bloomberg [MUMBAI] Indian billionaire Vijay Mallya, owner of the world’s second-largest liquor company, is razing his ancestral home in Bangalore to build US$4 million apartments as the number of people rich enough to afford them grows. United Breweries Holdings, which owns controlling stakes
      Bloomberg  -  265 words
    • Article
      Lock icon Obama’s India visit to focus on US exports
      242 12 Reuters [WASHINGTON] President Barack Obama will push hard for US exports during his visit to India, officials said on Wednesday, as they brushed aside questions on outsourcing and stressed the opportunities for US jobs. “This really is one of the most important
      Reuters  -  242 words
    • Article
      Lock icon Indian microfinanciers face collapse
      243 12 AFP [NEW DELHI] India’s US$6.7-billion microfinance industry faces potential collapse amid a political backlash against the sector, the group representing lenders to the poor warned on Wednesday. Vijay Mahajan, president of the Microfinance Institutions Network, which represents 44 of India’s leading microfinance lenders, said commercial bank
      AFP  -  243 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      35 12 JT »•> m A distinctive lifestyle The Trillium The Epitome of City River side living 2,218 sq ft, 4 bdrooms $4.5 million JERRY LUM Sm Marketing Director, MBA, CES "J™"" HP: 8288 0098 View: jerrylum.myweb.sg feAV.fli
      35 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      375 12 £^ust@ njoy m A m. h WITH OCBC CARDS COLM K I WILKINSON Irish Superstar'Live'in Asia for the first time BROADWAY BEYO THE CONCERT SONGS one of the greatest 5 singers ever..." Rolling Stone Magazine Broadway and theatre lovers around the world need no introduction to Colm Wilkinson, the man
      375 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      347 22 Some claim efficiency as pioneering work For us it is daily business. Efficiency: Standard in every Audi. For over 100 years, Audi has increased efficiency whilst enhancing performance by ingeniously combining our innovations. Our breakthrough TDI®, the world's leading diesel technology, along with the aluminium Audi Space Frame® lightweight construction
      347 words
Page thumbnail Page 13
  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon BoJ details 5t yen plan to buy assets
      520 13  -  Muted market reaction suggests more action needed By ANTHONY ROWLEY THE Bank of Japan yesterday set out its plan for further quantitative monetary easing while forecasting a very slow exit from deflation. But the scale of the proposed easing was not seen
      BLOOMBERG  -  520 words
    • Article
      Lock icon EU scrambles to defuse row at economic crisis summit
      562 13 A compromise solution likely on push to change Lisbon Treaty AFP [BRUSSELS] European Union leaders scrambled yesterday to settle a sharp row about rewriting the bloc’s ruling treaty as they moved to radically change the way governments manage their finances. Determined
      AFP  -  562 words
    • Article
      Lock icon US mortgage battle gains steam, investors recruited
      393 13 Reuters [NEW YORK] A group of mortgage investors seeking to pressure lenders to buy back potentially billions of dollars in bad loans says its ranks are swelling and it will soon deliver strong evidence that banks have treated investors unfairly. New York securities
      Reuters  -  393 words
    • Article
      Lock icon Coordinate policies to carry weight at G-20, Asia urged
      500 13  -  By ANTHONY ROWLEY ASIAN countries need to coordinate their views and policies if they are to influence the course of the global economy and ensure the Asian voice is heard at next month’s G-20 summit in Seoul, according to a group
      500 words
    • Article
      Lock icon Oxford fears funds deficit
      252 13 Bloomberg [LONDON] The vice-chancellor of Oxford University, the oldest in the English-speaking world, said UK government plans to change the way higher education is financed may leave the institution with a funding shortfall. “If fees were raised to £7,000 (S$14,390) a year a figure mentioned prominently
      Bloomberg  -  252 words
    • Article, Illustration
      Lock icon Wall St reform architect faces tough battle
      444 25 Reuters [BOSTON] Representative Barney Frank, the outspoken, witty Democrat closely tied to the 2008 US bank bailout, faces a tough re-election battle after 15 terms in office at a time when incumbency itself is a liability. Challenging the Massachusetts liberal is Republican Sean
      Reuters; REUTERS  -  444 words
    • Article
      Lock icon ANZ annual profit up 53% to A$4.5b
      340 25 Lawmakers vote to probe competition in banking industry AP [MELBOURNE] ANZ Banking Group, one of Australia’s four dominant lenders, yesterday posted a bumper A$4.5 billion annual profit as lawmakers voted to investigate whether there’s enough competition in the banking industry. Critics argue that
      AP  -  340 words
    • Article
      Lock icon Capital wave misses Vietnam, but is it time for another look?
      695 25 Some say the tide will turn but the cons are keeping it off investors’ radar Reuters [HANOI] Most economic policymakers in emerging Asia are fretting over how best to staunch surging investment inflows. But Vietnam’s don’t have to worry.
      Reuters  -  695 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      1288 13 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF VOLPIA SHIPPING PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****4410R) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the
      1,288 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      377 13 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BABCOCK BROWN STORAGE MANAGEMENT HOLDINGS PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****3949G) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final
      377 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      422 25 Singapore Accountancy Convention A Profession on the Move Institute of Certified Public Accountants of Singapore thanks all participants for the overwhelming support. The Singapore Accountancy Convention 2010 and Gala Dinner are fully Sold Out! '"n SPEAKERS AND PANELLISTS INCLUDE: Singapore Accountancy Convention Convention Guest of Honour Mrs Lim Hwee Hua
      422 words
Page thumbnail Page 14
  • WORLD
    • Article
      Lock icon AIA to debut in Hong Kong trading today
      610 14 Stock seen opening at HK$21.79, a 10.7% premium to its IPO price AFP Reuters [HONG KONG] The Asian unit of troubled US insurer AIG is set to make its trading debut in Hong Kong today after a monster share offering that could
      AFP; Reuters  -  610 words
    • Article, Illustration
      Lock icon BIG BEN BOUNCER IN ASHES BUILD-UP
      69 14 [LONDON] A handout picture released by Cricket Australia yesterday shows the faces of Australian cricket captain Ricky Ponting (right) and vice-captain Michael Clarke projected onto the Big Ben clock tower at the Palace of Westminster in London. The stunt was to publicise the upcoming
      AFP  -  69 words
    • Article
      Lock icon India investors eyeing Aussie cricket teams
      301 14 Decision on private ownership of teams expected today AP [MELBOURNE] Indian investors are reported to be interested in buying a stake in Australian Twenty20 clubs if a decision is made by Cricket Australia to allow private ownership. The website Cricinfo reported yesterday that Cricket
      AP  -  301 words
    • Article
      Lock icon Biggest S Korean finance company up for sale
      288 14 Govt is divesting 57% of Woori, which it rescued in the 1997 financial crisis AFP [SEOUL] South Korea will begin privatising the country’s largest finance company this week, a government agency said yesterday, in a deal that could change the landscape of
      AFP  -  288 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      59 14 IffiH NOW AVAILABLE AT ALL LEADING BOOKSTORES SPH magazines i 4 (a ITS ABOUT TIME v A UV A V\ w --K 'jy< ISSUE w 200 TREND-PROOF TIMEPIECES NEW WAYS WITH POCKET V/ffl ftUCTION TOP 10 MEN'S TICKERS REtflVAU YOUR A TO Z OF DEFINITIVE flAMI WHY Q ic lPAS
      59 words
Page thumbnail Page 27
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9038 27 Transaction date: Oct 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 21 14.5 3148 8Telecom 18 unch 16 18 18 18 18.5 1.7 10.1 5.8 86.2 12 5 5834
      9,038 words
    • Article
      Lock icon SGX CATALIST
      1701 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 7 4 1181 t AA Grp 4.5 +0.5 37 4.5 4.5 4 4.5 25 4.3 225 130 6222 t APStrategic 164 158
      1,701 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9423 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.3/ APS Alpha Fund (USD)!** 1/ 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
      9,423 words
    • Article
      Lock icon SGX ETF
      886 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 $mil 124 107 6389 ABF SG Bond ETF 116 unch 14 116 115.5 114 116 529.5 1036 757 CIMBAsean40 100US$ US1014 -12 40 1018 1014
      886 words
    • Article
      Lock icon GLOBALQUOTE
      254 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 $mil 55 38 6000 AVJennings A54 53 55 3.6 6.5 4.3 140.6 55 16 6017 Genting HK US$ US45 unch ***** 46.5 45 45 45.5 2963
      254 words
Page thumbnail Page 28
Page thumbnail Page 29
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 29 In local curr In S$ In US$ dy yr dy yr dy yr Oct 27 Index Change Change Change Change Change Change World Index Preliminary 851.4 -0.7 2.3 -0.5 -3.6 -1.1 3.6 EAFE Preliminary 774.0 -0.6 -1.4 -0.7 -5.9 -1.3 1.1 Europe Preliminary 1146.2 -0.8
      374 words
    • Article
      Lock icon INTERBANK RATES
      177 29 Oct 28 $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.08 US$ 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
      177 words
    • Article
      Lock icon USS/SS FORWARD RATES
      22 29 Oct 28 S$ Bid Offer 1-month 1.3003 1.3013 2-months 1.3002 1.3013 3-months 1.3003 1.3013 6-months 1.3002 1.3012 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 Oct 28 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.31 1.236 Can dollar 1.291 1.242 Euro 1.829 1.759 Sterling pound 2.093 2.013 NZ dollar 1.001 0.954 US dollar 1.322 1.272 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 29 Oct 28 Open High Sett STI Oct 3130 SIMSCI Oct 369.2 371.3 369.6 Taiwan Oct 292.2 296.2 296.0 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      68 29 Oct 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Nov 10 3042 3070 3070 3035 1131 2001 Dec 10 3043 3078 3080 3036 5577 ***** Jan 11 3042 3085 3086 3010 ***** ***** Feb 11 3037 3086
      68 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      424 29 Oct 28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6650 0 8505 Mar11 99.6150 0 2257 Jun11 99.5550 0 1569 Sep11 99.4800 0 2066 EUROYEN TIBOR FUTURES Dec10 99.6725 99.6725 99.6725 99.6725 1 3022 Mar11 99.6850 200 1551 Jun11 99.6850 99.6850 99.6850 99.6925 103 2123
      424 words
    • Article
      Lock icon SICOM FUTURES
      138 29 Oct 28 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 402.8 400.0 402.8 15 Dec 10 402.0 400.0 402.0 19 Jan 11 400.0 400.0 402.5 10 Feb 11 403.0 20 Mar 11 405.0 Apr 11 406.5 May
      138 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 29 Oct 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 27.01.2011 0.29 0.30 0.20 1-Year BY*****N 01.11.2011 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.94 103.99 103.95 5-Year N*****0S 2.875 01.07.2015 108.90
      88 words
    • Article
      Lock icon CHICAGO BOT
      105 29 Oct 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1223.75 1219.00 1229.00 1199.00 Jan 11 1236.00 1231.00 1240.50 1211.00 Mar 11 1242.00 1237.75 1246.75 1217.50 May 11 1242.25 1238.75 1247.00 1219.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 10 49.60 49.53 49.85
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 29 CRUDE OIL PRODUCTS Oct 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 82.10 -1.49 WTI (Near Mth) 81.86 -0.68 Dubai (1-Mth F) 80.09 -0.19 Tapis blend 86.80 -0.20 Minas 82.10 -0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.56 -0.27 Jet Kerosene 93.30 -0.55 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2487 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aero W*****0 2.5 unch 70 1 3 -15 2.60 2 6221 Asia-Pacific Strat W*****6 39 1 150 15 4.21 43 6227 ASJ Hldgs W*****1 3.5 1 4
      2,487 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 29 Oct 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.001 6.528 0.706 7.571 43.450 87.182 0.794 10.979 3.037 1.302 83.782 42.062 1.269 6.896 0.963 30.066 29.241 0.618 0.976 Canada 0.999 6.522
      464 words
    • Article
      Lock icon SIBOR
      85 29 Oct 28 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 29 Oct 28 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2686 1.2702 0.9756 0.9761 Canadian dollar 1.2673 1.2691 0.9747 0.9752 Euro 1.7966 1.7984 1.3817 1.3820 NZ dollar 0.9746 0.9760 0.7495 0.7500 Sterling pound 2.0516 2.0537 1.5778
      155 words
    • Article
      Lock icon PRECIOUS METALS
      137 29 Oct 28 GOLD (US$/oz) Oct 28 Oct 27 Hong Kong 1328.70 1334.00 Oct 27 Oct 26 London 1321.89 1333.60 1322.66 1334.40 Source: Thomson Reuters CAST BAR Oct 28 (S$) Selling Buying Kilobar 59,838.68 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 134 56 5gm 381 279 10gm 680
      137 words
    • Article
      Lock icon LONDON METALS
      71 29 Oct 27 Oct 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2293.50 2358.25 3 months 2323.00 2390.00 Copper, Grade A (US$/tonne) Cash 8291.25 8503.25 3 months 8300.00 8510.00 Lead (US$/tonne) Cash 2517.75 2566.25 3 months 2544.00 2593.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 29 Oct 27 COCOA (£/tonne) Close Prev High/Low Dec 10 1917 1920 1659/1913 Mar 11 1950 1951 1988/1943 May 11 1964 unch 2000/1974 Jul 11 1980 1976 2015/1980 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1910 1854 1917/1851 Jan 11 1935 1879 1944/1872 Mar 11 1916 1860 1923/1856 May 11
      82 words
Page thumbnail Page 15
  • AVIATION
    • Article
      Lock icon China, EU announce aeronautics plan
      381 15 Joint research will focus on technologies for cleaner, safer aircraft AP [SHANGHAI] China and the European Union (EU) have agreed to pursue jointly financed research focused on sharing and developing technologies for cleaner, less polluting and safer aircraft. The plan, announced yesterday at the Shanghai
      AP  -  381 words
    • Article, Illustration
      Lock icon US air travel rules spark Europe debate
      444 15 AP [LONDON] European officials accused the US of imposing unnecessary and overly intrusive air travel security measures, calling on the Obama administration on Wednesday to re-ex-amine policies ranging from X-raying shoes to online security checks for Europeans. The crux of the issue is
      AP  -  444 words
    • Article
      Lock icon EU may file lawsuit over Russian air accords
      366 15 Bloomberg [BRUSSELS] The European Union will threaten lawsuits against Germany, France, Austria and Finland for allowing Russian fees on EU airlines that fly over Siberia, spotlighting a hurdle to Russia’s bid for World Trade Organization membership. The European Commission was scheduled to
      Bloomberg  -  366 words
    • LOG BOOK
      • Article
        Lock icon China Southern Q3 net profit soars
        100 15 Xinhua [BEIJING] China Southern Airlines Company Limited (China Southern), the nation’s largest carrier by transport capacity, said yesterday its third quarter net profit grew 970.77 per cent year on year on the back of robust growth in domestic air travel. In its unaudited third-quarter
        Xinhua  -  100 words
      • Article
        Lock icon Lufhansa triples net profit in Q3
        122 15 AFP [BERLIN] German flag carrier Lufhansa said yesterday that it tripled its net profit in the third quarter, easily beating market expectations on the back of a robust economic recovery. The airline said third quarter net profit came in at 628 million euros (S$1.1
        AFP  -  122 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3082 15 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1250 SQ457 1230 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 MU8214 2230 QF82 2230 LH9770 2350 SQ279 2350 --VS7279 2350 Amsterdam SQ323 0605 SQ7366 2315 US5410
      3,082 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      1156 15 MATS NOTICES In the Matter of The Companies Act, Cap. 50 and In the Matter of PINE FAME PTE LTD (In Members' Voluntary Liquidation) (Company Registration No. *****5608D) On 26 October 2010, the Resolutions set out below were duly passed at the Extraordinary General Meeting of the abovenamed company pursuant
      1,156 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      18 15 Head to CATS FASTADS in The New Paper for job opportunities! BBAT3 BUY IT• SELL IT• FIND IT
      18 words
Page thumbnail Page 18
  • SHIPPING
    • Article
      Lock icon Distillates demand to spike on pollution curbs
      297 18 Reuters [SINGAPORE] New pollution curbs on marine fuel set to kick in over the next decade could result in a 50 per cent spike in global distillates demand by 2030, said the global head of ExxonMobil’s marine fuel division yesterday. The International Maritime
      Reuters  -  297 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 18 SGX '000 Sep 28 S$ +/-Vol CH Offshore 0.55 -0.02 649 Chuan Hup Hldg 0.26 unch 20 Cosco Corp 1.80 -0.09 ***** CWT Ltd 0.96 -0.02 1036 Ezra Hldgs 1.72 -0.03 4481 First Ship Lea 0.44 -0.01 871 Freight Links 0.07 -0.01 ***** Grand Banks 0.40 0.03 4
      278 words
    • Article
      Lock icon China Cosco in the black on shipping rebound
      154 18 Reuters [HONG KONG] China Cosco Holdings, Asia’s largest shipping firm, reversed year-ago losses to post a quarterly profit as global trade regained momentum and the company lifted container shipping rates. The company reported a third-quarter net profit of 2.11 billion yuan (S$408.8
      Reuters  -  154 words
    • Article, Illustration
      Lock icon Hyundai Heavy reports better-than-expected profit
      339 18 Yard at near full capacity building offshore platforms and power plants Bloomberg [SINGAPORE] Hyundai Heavy Industries, the world’s largest shipbuilder, boosted third-quarter profit by a more-than-estimat-ed 62 per cent as it built more offshore platforms and power plants. Net income climbed to 863.4 billion won
      Bloomberg; BLOOMBERG  -  339 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      304 18 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1
      304 words
Page thumbnail Page 16
  • EDITORIAL & OPINION
    • Article
      Lock icon The G-20 has a lot more ground to cover
      510 16 EDITORIAL WHILE the meeting in South Korea of the finance ministers of the Group of 20 (G-20) last weekend was not devoid of substance or achievement, it delivered too little on the issues that really count in the management of the
      510 words
    • Article, Illustration
      Lock icon Asia, US will benefit if China, Japan get along well
      744 16  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator WHILE the immediate crisis over Japan’s seizure of the Chinese fishing vessel that rammed two Japanese coast guard patrol boats in September has ended with the
      744 words
    • Article, Illustration
      Lock icon The art of managing customer relationship
      948 16  -  To be sustainable, CRM activities must provide value to both customers and the company By ROBERT K FLEMING The writer is adjunct associate professor in the Department of Marketing, NUS Business School. He specialises in Customer Relationship Management and teaches Ethics and Corporate Social
      AP, BLOOMBERG  -  948 words
    • Article, Illustration
      Lock icon Business the real winner in US polls?
      1385 17  -  Midterm election’s expected outcome should be seen as ideal from the perspective of Wall St, Corporate America LEON HADAR Washington Correspondent THIS could be another example of dialectical thinking running amok: Political and social change moving in one direction ends up moving the
      AFP  -  1,385 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5711 34 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.
      5,711 words
  • Page 16 Advertisements
Page thumbnail Page 17
Page thumbnail Page 34
Page thumbnail Page 35
Page thumbnail Page 36
  • executive lifestyle
    • Article, Illustration
      Lock icon Businesses flex apps
      1530 36  -  More companies are using mobile gadgets and apps to up the ante in giving customers better value, reports CHRISTOPHER LIM CHRISTOPHER LIM HARRIED corporate executives are starting to approach leisure differently, regardless of whether they are leasing a yacht or browsing a restaurant menu, and businesses are
      PHOTO: YEN MENG JIIN  -  1,530 words
    • CINEMA
      • Article, Illustration
        Lock icon The real cost of cyber success
        692 37  -  The Social Network is an intelligent, engrossing entertainment, says GEOFFREY EU GEOFFREY EU IN the same amount of time it takes to watch The Social Network, Harvard undergrad Mark Zuckerberg goes from a socially-chal-lenged computer nerd to Internet legend. That’s how long it takes
        REUTERS  -  692 words
      • Article, Illustration
        Lock icon Big drama in a small town
        421 37  -  DVD REVIEW By CHRISTOPHER LIM EVEN casual observers watching the recent hit Inception would have noted Cillian Murphy’s prominent cheekbones, but most probably won’t realise just how perfect they are till they see him in drag in Peacock. Murphy plays both John Skillpa, a
        421 words
      • Article, Illustration
        Lock icon Horror mockumentary falters in final act
        538 37  -  By DYLAN TAN TAKE what is arguably the most frightening horror movie ever made, The Exorcist, mash it up with the cheap home-made cam-era-work of The Blair Witch Project and you’ll get The Last Exorcism, a mockumentary about a holy man who has lost
        538 words
    • PURSUITS
      • Article, Illustration
        Lock icon Greater Force
        602 20  -  The plot thickens with made-in-Singapore game, says CHRISTOPHER LIM GAMING CHRISTOPHER LIM Although George Lucas is working on converting the original Star Wars movie trilogy to 3D, the franchise continues to move forward, and it reaches a new peak with Star Wars: The Force Unleashed II, released on
        602 words
      • AROUND TOWN
        • Article, Illustration
          Lock icon Bali through a master’s lens
          171 20 HONG KONG-BASED, American-born Peter Steinhauer’s photographs are both works of silence and works full of life. He has been documenting the many facets of Asian culture since 1993. He prints each and every one of his own photographs and the finely crafted black-and-white prints have
          171 words
        • Article
          Lock icon Transforming power of the arts
          187 20  -  Compiled by CHEAH UI-HOON THIS is a chance to hear leaders from different professions speak on today’s need for the arts. The National University of Singapore’s Centre for the Arts (CFA) has lined up about a dozen speakers who will share their views and experiences
          187 words
        • Article
          Lock icon Showcasing a Silent Japan
          108 20 FOR more doses of travel photography, catch the last three days of Derrick Choo’s Silent Japan solo exhibition. Known for his black-and-white photojournalistic-style travel photographs, this exhibition is a marked departure from his usual focus on people and their interaction with their environs. Silent Japan features
          108 words
        • Article
          Lock icon Centuries-old Japanese dance premieres here
          135 20 TO CELEBRATE its first anniversary, Japan Creative Centre (JCC) is organising a traditional dance by Minosuke Nishikawa, accompanied by a talk at the Lee Foundation Theatre. Nishikawa, 50, is schooled in Nihon Buyo, a traditional stage dance that developed four centuries ago. The Nishikawa school
          135 words
    • MUSIC
      • Article, Illustration
        Lock icon Music nerds turn into different beast on stage
        736 21  -  Vampire Weekend pull off a killer show without studio trickeries, reports DYLAN TAN DYLAN TAN WITH music engineering software Pro Tools, it’s easy for bands to sound their best in the studio and yet be a total mess trying to replicate the
        PHOTOS: JONATHAN KWA  -  736 words
      • Article, Illustration
        Lock icon Psychedelic rock visual treat
        523 21  -  By DYLAN TAN DON’T be late if you’re attending the first-ever show in Singapore by acid rockers The Flaming Lips next month. While many bands remain in their dressing rooms until the house lights go down, the Oklahoma band prefers to come out before show time
        523 words
      • Article, Illustration
        Lock icon Energetic, powerful and full of verve
        514 21  -  CD REVIEW By CHRISTOPHER LIM THE Emerson String Quartet has racked up a string of Grammys most recently for Intimate Letters this year and its newest album, Old World New World, is good enough to compete for another Grammy the next time round. The
        514 words
      • Article, Illustration
        Lock icon Electric, energising first K-Pop concert
        639 21  -  By LEE U-WEN TO say that Korean pop is really big in Singapore could well be an understatement. And there is no bigger proof of that than the sight of seven of Korea’s hottest bands raising the roof last Saturday at Singapore’s first-ever Korean Pop
        PROOF LABEL  -  639 words
    • ARTS
      • Article, Illustration
        Lock icon Capturing S'poreans' obsession with money
        826 22  -  With his new body of works, Jimmy Ong explores a new medium through which he chooses to respond to his immediate surroundings, reports MADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN “IAMafraidof colour,” says Jimmy Ong. It’s a statement you would hardly expect from an artist whose current solo
        PHOTOS: SINGAPORE TYLER PRINT INSTITUTE  -  826 words
      • Article, Illustration
        Lock icon Singapore streetscape draws trio’s inspiration
        714 22  -  By CHEAH UI-HOON AFTER passing by the usual buildings every day, or the same street scenes, we tend to be blind to the built environment around us. Focusing their artistic lens on Singapore’s streetscape for their works, three artists hope to renew the general public’s
        714 words
      • Article, Illustration
        Lock icon The Lion King makes MBS date
        497 22  -  By LEE U-WEN WHEN the animated movie first hit the big screen back in 1994, it went on to become one of the most loved and highest-grossing films in Disney’s history. And come March 3 next year, fans of The Lion King will get
        497 words
    • WINE
      • Article, Illustration
        Lock icon Old wine, new sparkle
        1412 23  -  A much vilified native table grape called koshu could be the toast of Japan as the first Asian white wine good enough for the world’s tables, reports CORIE BROWN CORIE BROWN NYT KOSHU, Japan The Japanese have made wine for years, but no one outside Japan
        NYT; NEW YORK TIMES  -  1,412 words
      • Article, Illustration
        Lock icon Domaines at their peak
        1158 23  -  By N K YONG DOMAINES Lafon in the morning and Roumier in the afternoon capped a short but intensive examination of Burgundy 2009. And what glorious wines they were at both Domaines. It was a day that reminded me of a similar one in June 2006
        1,158 words
      • Article, Illustration
        Lock icon Venturing beyond French fare
        570 23  -  By CHRISTOPHER LIM THIS year’s Wine For Asia (WFA) expo has been all about variety, with consultant winemaker Michel Rolland speaking about his passion for wine and the sheer variety that exists. Rolland, 63, is the first Singapore Global Wine Personality at the eighth WFA, a
        BLOOMBERG  -  570 words
    • LUXURY TRAVELOGUE
      • Article, Illustration
        Lock icon Good karma for harried souls
        1287 24  -  In need of a system overhaul? Bali’s Karma Kandara resort is just the place to revitalise the mind and body. By JAIME EE By JAIME EE THERE comes a time in every harried life when you lose touch with who you are. You look in
        1,287 words
      • Article, Illustration
        Lock icon Detox in Bali
        611 24  -  By JUDY CHAPMAN DETOX spas are beginning to mushroom all over Bali, particularly in Ubud, well known as the island’s yoga hub. Ubud offers a growing choice of not just detox destinations but excellent yoga retreats and complementary organic health food cafes and restaurants (check out Sari
        611 words
  • Page 36 Advertisements
    • Advertisement
      Lock icon Page 36 Advertisements Column 1
      81 36 Pulses November issue out now! Singapore private banking centre for Asian millionaires? Cosco Corporation Singapore poised to benefit from China’s shipbuilding industry. Investors: seek alternative investment options or risk losing purchasing power. CFDs: are they inherently riskier than ordinary stocks? In ImPulses, the Mercedes-Benz CLS 500 BlueEfficiency impresses with an
      81 words
    • Advertisement
      Lock icon Page 36 Advertisements Column 2
      7 36 ARTS Capturing Singaporeans’ obsession with money PAGE
      7 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      63 37 iV apton EE Mon, 14 Feb 8pm Singapore Indoor Stadium S$99*, S$199*, SS299* S$399* *Plus SS3 SISTIC Fee Available at all SISTIC Outlets Bookings Hotline: +65 6348 5555 Web Bookings: www.sistic.com.sg www.ericclapton.com -r> i TUSHINGTON ±J I NTKRTAINMKN rsl 1 Event www.lushington.com w CLASS 95 fM /%hmv Strictly no bottles,
      63 words
  • Page 37 Miscellaneous
    • Miscellaneous
      Lock icon Page 37 Miscellaneous Column 1
      312 37 CRYPTIC CROSSWORD Across 1 Timely way to go (9) 9 These men and women can be found in force (6) 10 Impulse to do some light criminal work? (9) 11 There’s nothing afoot (6) 12 Bird changes quality of sound (9) 13 Place restriction on stock movement (6) 17 Not
      312 words
Page thumbnail Page 20
  • Page 20 Advertisements
Page thumbnail Page 21
Page thumbnail Page 22
Page thumbnail Page 23
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      168 24 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 rewards and privileges.
      168 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      42 24 Exclusive travel experiences await you when you start a Citigold Private Client relationship and invest with us This is the last 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