The Business Times, 15 April 2011

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Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, April 15,2011
    23 words
  • Article
    Lock icon Govt to grow suburb towns, add homes in Central, West
    563 1  -  By UMA SHANKARI [SINGAPORE] The government will boost Singapore’s housing stock in tandem with the growth in population and expand towns such as Punggol, Sengkang, Yishun and Choa Chu Kang over the next 40 to 50 years, National Development Minister
    563 words
  • Article, Illustration
    Lock icon Surprise Q1 GDP spurt paves way for strong year
    728 1  -  Even with expected Q2 hiccup, 2011 growth is poised to hug upper end of 4-6% official forecast By ANNA TEO [SINGAPORE] Against expectations, the pace of economic activity surged in the first quarter, and is now expected to remain robust through
    AFP  -  728 words
  • Article
    Lock icon MARKETS DIGEST
    143 1 H ST INDEX 3,158.92 (-13.16) H ST INDEX FUTURES 3,145.00 (-10.00) H SIMSCI 374.52 (-1.25) H SIMSCI FUTURES 371.80 (-1.40) FOREX US$ S$ US$ (S$ per US$) 1.247 (US$/S$ per 1.635 2.039 EURO (US$/S$/E) 1.450 1.809 Foreign currency per US$ S$ YEN 83.50 66.90 RM 3.020 2.421 HK$
    143 words
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      43 1 HOCK LOCK SIEW Hyflux’s 6% dividend on prefs the new gold? PAGE 7 EXECUTIVE LIFESTYLE Have a life-changing dinner I PAGE 28 Bob Dylan rocks Ho Chi Minh city I PAGE 30 Burgundy palette I PAGE 31 Downloads of fun I PAGE 32
      43 words
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      10 1 PAP CANDIDATES Issues close to their hearts PAGE *****1 *****4
      10 words
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      152 1 ACCOUNTING STANDARDS What’s on the horizon? PAGE 20 INVESTMENTS Japanese show strong interest in M’sia again PAGE 13 Cartier it /y J 55 m m K tD. t&3& CALIBRE BE CARTIER 1904 MC MANUFACTURE MOVEMENT AS ITS NAME SUGGESTS, THE CALIBRE 1904 MC IS THE EMBODIMENT OF A CENTURY OF
      152 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      584 2 Surprise Q1 GDP spurt paves way for strong year AGAINST expectations, the pace of economic activity surged in the first quarter, and is now expected to remain robust through the year, although Q2 may see a temporary dip. While the official growth forecast for 2011 remains 4-6 per
      584 words
    • Article, Illustration
      Lock icon MAS signals room for stronger Sing dollar
      565 2  -  Exchange rate policy band shifted up but slope and width unchanged By EMILYN YAP [SINGAPORE] The Monetary Authority of Singapore (MAS) yesterday tightened monetary policy by shifting the exchange rate policy band upwards, intensifying its fight against inflation as advance estimates show the
      Source: Bloomberg  -  565 words
    • Article
      Lock icon Shipowners in danger of losing tax incentive
      442 2  -  By JOYCE HOOI [SINGAPORE] An impending change in accounting standards for the shipping industry threatens to leave shipowners bereft of the tax exemptions that they currently enjoy under the maritime schemes by the Maritime and Port Authority of Singapore (MPA). Currently, shipping firms
      442 words
    • Article, Illustration
      Lock icon BRICS nations demand global monetary shake-up
      698 4 They want a broad based reserve currency system less dependent on US$ Reuters [SANYA, China] The BRICS group of emerging-market powers kept up the pressure yesterday for a revamped global monetary system that relies less on the dollar and for a louder voice in
      Reuters; AFP  -  698 words
    • Article
      Lock icon BNP Paribas plans to grow S’pore staff to over 2,000
      523 4  -  This is part of the bank’s expansion plans in Asia By CONRAD CONRAD TAN [SINGAPORE] BNP Paribas plans to grow its staff in Singapore to over 2,000 people in the next few years from 1,700 now as part of an
      523 words
    • Article
      Lock icon China has to pace yuan internationalisation: SM
      526 4  -  By LYNETTE KHOO in Boao, Hainan AS TRADE between China and the rest of the world continues to rise, it is inevitable that the renminbi will have to be internationalised. But China would have to pace the process given its implications, Singapore’s Senior
      526 words
    • Article, Illustration
      Lock icon Obama retains core Democratic values in budget battle
      767 4 NYT [WASHINGTON] President Barack Obama made the case on Wednesday for slowing the rapid growth of the national debt while retaining core Democratic values, proposing a mix of long-term spending cuts, tax increases and changes to social welfare programmes as his opening
      NYT  -  767 words
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      275 words
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      356 3 b a a n a Cluster Terraces with Resort Fac liti es 4 4 r~ I v B 8 7/ i I js V X /rs m -y grask V -ie/^ c. A < ft •T K.3S r£fea -f I *v J. V--S *^£5$ a y«** £9 v S3ST <•»*
      356 words
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      336 4 (SOUTH EAST ASIA) LTD REGISTRATION NO: *****3207R IMPORTANT NOTICE Commerzbank (South East Asia) Ltd (“COSEA”) is in the course of winding down its banking and wealth management businesses. Notice of termination of accounts and of the provision of other services has been sent to all accountholders and customers (“Clients”). Notwithstanding
      336 words
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      23 4 True Luxury Freehol(i3*3r Price fro ©MWGiM&Hj m JERRY LUM ONE Million Snr Marketing Director, MBA, CES LAIIFCI CASH HP: 8288 0098 View: jerrylum.myweb.sg
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  • COMPANY NEWS
    • Article
      Lock icon SGX reprimands Medi-Flex, two of its former directors
      573 5  -  It cites breaches of listing rules and failures in corporate governance By FELDA CHAY THE Singapore Exchange (SGX) has reprimanded Medi-Flex Ltd and two of its former directors, Tu Ah Kim and Hew Yew Fook, for breaches of listing rules and failures
      573 words
    • Article, Illustration
      Lock icon Buzz over first yuan-denominated IPO comes to S’pore
      496 5  -  By REBECCA LIU CHEUNG Kong’s Hui Xian Real Estate Investment Trust (Hui Xian Reit) brought its roadshow to Singapore yesterday amid investor excitement over the launch of the world’s first renminbi (RMB)-denomi-nated equity initial public offering (IPO). This international and public offering
      496 words
    • Article
      Lock icon Sino Techfibre auditors find discrepancies
      472 5  -  By FELDA CHAY SINO Techfibre Ltd has added itself to a growing list of S-chips facing audit issues. Yesterday, the chemical fibre company said its auditors, Ernst Young (E&Y), had discovered certain discrepancies in invoices issued by the firm and its suppliers, and were unable
      472 words
    • Article, Illustration
      Lock icon Hyflux revives interest in China
      750 7  -  It’s still keen on MENA due to better funding and plantownership structure By JAMIE LEE HYFLUX has renewed its focus in China, but this comes with two caveats the projects will be smaller, and its latest divestment strategy, plotted with Japanese trading giant Mitsui, must
      750 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ramba in share placement
        103 7 RAMBA Energy Ltd has entered into an agreement with DMG Partners Securities, the placement agent, for the placement of about 43.6 million shares to raise some $22.8 million. The placement price of 54 cents represents a discount of 7.5 per cent to the weighted average price
        103 words
      • Article
        Lock icon Perennial to relaunch S'pore IPO
        102 7 A CHINA-FOCUSED business trust managed by former CapitaLand shopping mall chief Pua Seck Guan is relaunching its Singapore IPO, but will scale back the size to $840 million from $1.1 billion, according to a Reuters report. Perennial China is offering 1.1 billion units, according to
        102 words
    • Article
      Lock icon Will Hyflux’s 6% dividend on prefs be the new gold?
      729 7  -  HOCK LOCK SIEW By SIOW LI SEN HYFLUX’s first preference share issue seems to be the best thing in the stock market since slice bread going by the chatter of retirees during their morning walks at the iconic Botanic Gardens
      729 words
    • Article
      Lock icon Ezra’s new unit bags US$254m in orders since October
      508 8  -  It is also bidding for US$3b worth of work in Asia-Pac and West Africa By LYNN KAN SUBSEA player Ezra Holdings’ US$250 million purchase of subsea installation specialist Aker Marine Contractors (AMC) last October has quickly reeled in about US$254 million
      508 words
    • Article
      Lock icon K-Green Trust posts Q1 net profit of $3.5m
      279 8  -  By LYNN KAN K-GREEN Trust, the only Singapore Exchange-listed green infrastructure business trust, posted first quarter net profit of $3.5 million, 5.4 per cent higher than projected. Revenue for the three months ended March 31 from its assets was $18.2 million, which
      279 words
    • Article, Illustration
      Lock icon SIA A380 to serve LA from July 1
      349 8  -  By VEN SREENIVASAN IN a further sign that airlines are reinstating capacity to and through Tokyo, Singapore Airlines yesterday announced that it will operate its Airbus A380 superjumbo on the SingaporeTokyo Narita-Los Angeles route from July 1. The launch of the daily
      BLOOMBERG  -  349 words
    • Article
      Lock icon K-Reit Asia Q1 results lifted by new assets
      535 8  -  By MICHELLE TAN K-REIT Asia posted improved results for the first quarter ended March 31, as contributions from newly acquired assets lifted earnings. Property income for the office Reit came in at $18.7 million in Q1, up 2.5 per cent from a
      535 words
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      175 5 www.vw.com.sg The average person spends 1 week, 2 days, 9 hours and 20 minutes searching for their keys. 3* m K I Golf Sport V a.. I f Golf Sport. Now with a keyless system. Introducing the Keyless Entry and Start-Stop System, or KESSY: Now there's no more fumbling for
      175 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stocks weaken in low turnover
      586 6  -  Sluggish market reliant heavily on proprietary trading for its volume and activity STOCKS R SIVANITHY Senior Correspondent AFTER Wednesday’s smart 34-point rebound in the Straits Times Index (STI), it probably came as little surprise that the index promptly fell 13.16 points to 3,158.92 yesterday. The
      Source: Bloomberg  -  586 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Apr 14 VALUE CLOSE BT OB/OS 289.00 -31.00 BT CADI -*****.00 -60.00 BT 10-day MA -*****.00 +29.00 FTSE ST Mid Cap 777.06 +0.38 FTSE ST Small Cap 561.10 -3.67 FTSE ST All Share 778.66 -2.79 FTSE ST China Top 284.25 +0.17 FTSE ST China 310.43 +0.40 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 2 0 0 0 3 10 2 Manufacturing 43 61 68 3 3 9 46 64 77 Commerce 17 23 16 1 4 3 18 27 19 Tpt/Stor/Comms 9 20 12
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Hyflux
        465 6 Hyflux April 14 close: S$2.19 CIMB Research, April 13 HYFLUX announced on April 13 that it would be offering 6 per cent cumulative preference shares. This could be a prelude to more projects, we believe, by preparing its balance sheet to take on larger and more complex projects globally.
        Source: Bloomberg  -  465 words
      • Article
        Lock icon Singapore Press Holdings
        335 6  -  Compiled by LYNN KAN April 14 close: $3.94 Kim Eng Research, April 14 SINGAPORE Press Holdings’ (SPH) Q2 FY2011 (ending end-August 2011) revenue met consensus forecast at $287.8 million. However, operating profit was lower than expected at $78.9 million due to gestation loss from Clementi Mall and
        335 words
      • Article
        Lock icon Glossary:
        114 6 CY calendar year Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share EV enterprise value FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third
        114 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 92,568 92,568 149,659 149,659 Manufacturing 263,750 11,498 275,248 242,499 747 243,245 Commerce 84,946 5,226 90,172 79,633 1,871 81,505 Tpt/Stor/Comms 115,033 3,571 118,604 220,104 211 220,315 Finance 12,583 12,583 114,849 114,849 Construction 51,422 256 51,678 15,034
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 6 Stock name Close Change CapMallsAsia 1.880 CapitaLand 3.410 -0.020 CapitaMall 1.900 +0.020 CityDev 11.700 ComfortDelGro 1.540 -0.020 DBS Grp 14.800 F&N 6.250 +0.020 GLP 2.000 Genting SP 2.090 -0.030 Golden Agri 0.700 -0.020 HK Land 7.200 +0.150 JMH 45.220 -0.660 JSH 27.580 -0.400 Jardine C&C 36.860
      110 words
    • Article, Illustration
      Lock icon Euro turns lower against US$ on peripheral debt worries
      528 6 CURRENCIES Reuters [LONDON] The euro turned lower against the US dollar yesterday, dented by speculation that Greece and possibly Ireland may be forced to restructure their massive debts, pushing peripheral euro zone bond yields higher. Re-emerging concerns about debt problems in
      Reuters; REUTERS  -  528 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Golden Agri 118,198,000 Dyna-Mac 84,048,000 Genting SP 42,906,000 LeaderEnv 39,636,000 Gallant 38,443,000 Tuan Sing 36,892,000 HPH Trust US$ 32,583,000 SunVic 26,857,000 NexGenSCom 26,458,000 Biosensors 22,260,000 VALUE($) Genting SP 89,808,488 Golden Agri 82,860,900 Keppel Corp 73,454,560 Dyna-Mac 57,011,370 SingTel 50,799,935 DBS Grp 42,591,940 HPH Trust US$ 38,990,908
      58 words
    • Article
      Lock icon RISES
      112 6 BY CENTS CLOSE UP GLD 10US$ ***** 57.4 0.3 DBXT MSKorea 10US$ 6395 51.1 0.6 DBXT MSINDIA 10US$ 1097 38.7 2.9 DBXT Nifty 10US$ ***** 36.2 0.2 Lyxor MS India 10US$ 1733 31.2 1.5 DBXT S&P Short 10US$ 4282 21.2 0.4 OCBC Bk 5.1%NCPS 100 ***** 20.0 0.2 HK
      112 words
    • Article
      Lock icon FALLS
      115 6 BY CENTS CLOSE DOWN DBXT DBLCI-OY 5US$ 4326 -84.8 -1.5 JMH 4522 -82.3 -1.4 Jardine C&C 3686 -66.0 -1.8 DBXT FTVietnam 10US$ 3301 -58.6 -1.4 JSH 2758 -49.9 -1.4 DairyFarm 861 -21.2 -1.9 DBXT MSINDO 10us$ 1462 -20.0 -1.1 STXPO 100 1102 -18.0 -1.6 IS MSCI Spore 1396 -17.5
      115 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      316 7 A:<'& d—1 IN 'ym -i-==="= w> T «MW» r I 1 m m m m m :-^y thecaoe FREEHOLD Imaginatively innovative with an edgy luxury, the 76 limited edition, freehold residences In The Cape are designed to meet the needs of the most sophisticated homeowners. Experience a sleek, stylish SOHO
      316 words
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      1131 8 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg MANHATTANRESOURCESLIMITED (Co. Reg. No. *****6289K) (Incorporated in the Republic of Singapore) Our Appreciation Dear Shareholders The directors wish to express their gratitude and sincere thanks to all who have exercised their warrants before its expiry at end of 8 April 2011. The Company
      1,131 words
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      457 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HERBALSCIENCE DISTRIBUTORS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (CO. REG. NO. *****5422D) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of HerbalScience Distributors Pte. Ltd. duly convened and held on the 7th day of April 2011,
      457 words
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      220 8 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF RESEARCH PACIFIC/MSW COMMUNICATIONS STUDIES PTE LTD (In Members’ Voluntary Winding-Up) Company Registration No. *****3978N NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the Members of
      220 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Record price set for EC land in Tampines
      727 10  -  Sim Lian’s offer of $392.45 psf ppr beats closest rival by 14.7% By KALPANA RASHIWALA A NEW record price has been set for executive condominium (EC) housing land. A state tender yesterday for an EC plot at Tampines Central 7, about 800
      727 words
    • Article, Illustration
      Lock icon NSP confirms 7 more candidates for GE
      616 10  -  5 for Tampines GRC; 2 for Whampoa and Pioneer SMCs By LEE U-WEN THE opposition National Solidarity Party (NSP) has confirmed seven more candidates for the upcoming general election (GE), taking its slate to 18 so far. Five of those introduced yesterday will
      NEO XIAOBIN/THE STRAITS TIMES  -  616 words
    • Article
      Lock icon WP proposal will hurt resale prices, raise HDB deficit: Mah
      340 10  -  By UMA SHANKARI A PROPOSAL from the Workers’ Party (WP) to lower Housing and Development Board prices by pegging new flat prices to median incomes will hurt resale prices and increase HDB’s budget deficit, says National Development Minister Mah Bow
      340 words
    • Article
      Lock icon SP Setia buys Leong Bee Court for $65m
      314 10  -  By TAN SHIHAO SEAN MALAYSIAN property developer, SP Setia Berhad Group, has entered into a private treaty with all 27 owners of Leong Bee Court to buy the property for $65 million. The deal, transacted through its subsidiary, SP Setia International (Singapore),
      314 words
    • Article
      Lock icon NTUC’s 12 social enterprises to keep essentials’ prices low
      365 10  -  By TEH SHI NING KEEPING prices of essentials stable is one of three key ways the labour movement’s 12 social enterprises hopes to broaden its social impact in the next five years, said NTUC Social Enterprise Development Council chairman Lim Boon
      365 words
    • Article
      Lock icon S’pore-China rivalry a healthy sign: SM Goh
      473 10  -  Competition never a zero-sum game, he says on CCTV By LYNETTE KHOO in Boao, Hainan COMPETITION between rapidly developing China and Singapore is not cause for concern, and is actually a healthy sign, said Senior Minister Goh Chok Tong. In any case, competition
      473 words
    • Article, Illustration
      Lock icon Issues of work, issues of the heart
      806 11  -  New PAP candidates ex-army chief, ex-civil servant, SBS VP field questions By TEH SHI NING FROM Singapore’s defence budget and foreign talent to rising public transport costs, the three People’s Action Party candidates introduced yesterday were quizzed on issues close to their current
      806 words
    • Article
      Lock icon After eight rounds, PAP may still unveil some more new faces
      508 11  -  By TEH SHI NING THE People’s Action Party’s (PAP) eighth round of candidate introductions yesterday was widely seen as its last, but PAP’s organising secretary (special duties) Ng Eng Hen would not shut the door on the possibility that
      508 words
    • Article
      Lock icon MicroVision to open an R&D centre in NTU
      230 11  -  By REBECCA LIU MicroVision, a leader in innovative ul-tra-miniature display technology, has signed a Memorandum of Understanding with Nanyang Technological University (NTU) to open a research and development (R&D) centre on its campus. Described by both parties as a “marriage”, the centre
      230 words
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      37 10 GOODBYE TO COMMUNISM IN INDIA? The CPI (M) looks headed for defeat in the assembly polls in Bengal and Kerala AMRITA RAO IS BACK ON SCREEN GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      37 words
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      202 11 The best view keeps getting better. ..i pa ts l s 3 :c 1 m !4l O 3l*S» I* y *T > k. ?P' -_|54w, «ai®«G^5k V' —hiSi. -T ->. 5 2 S -A flea. T Come home to a view and lifestyle like no other. Shop, dine and play
      202 words
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  • ECONOMY WATCH
    • Article
      Lock icon US economy grew at moderate pace in Feb, Mar
      450 12 Manufacturing led the expansion, with labour markets improving all around Bloomberg [WASHINGTON] The Federal Reserve said the economy expanded at a “moderate” pace across much of the US in February and March, led by manufacturing, with labour markets showing improvements in
      Bloomberg  -  450 words
    • Article
      Lock icon More BOJ stimulus may be needed: IMF
      496 12 Bloomberg Reuters [TOKYO] The Bank of Japan may need to provide more monetary stimulus if power shortages, supply chain disruptions and the nuclear crisis after the quake are prolonged, the International Monetary Fund’s No 3 official said. “The risks to the economic outlook
      Bloomberg; Reuters  -  496 words
    • Article, Illustration
      Lock icon US poised to see a third straight month of job growth
      430 12 AP [WASHINGTON] American companies are advertising more job openings than at any time in the past two years, suggesting April will mark a third straight month of strong hiring. The 3.1 millionjob openings posted in February indicate that businesses
      AP; AFP FILE PHOTO  -  430 words
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      111 12 If we have a credible First World opposition, well treat them with First World civility. But that doesn't mean we don't demolish you lee on the opposition in Singapore imitilM KEEP SINGAPORE GOING v Lee Kuan Yew takes on his critics in 32 hours of interviews with Straits Times journalists
      111 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Japanese show strong interest in M’sia again
      555 13  -  There could be more investments as firms review their expansion plans By in Kuala PAULINE NG in Kuala Lumpur JAPANESE investments in Malaysia have ballooned to nearly RM4.7 billion (S$1.95 billion) in the space of a week, with the latest being Ibiden Co
      555 words
    • Article, Illustration
      Lock icon Sarawak elections not so cut-and-dried
      703 13  -  By S JAYASANKARAN By in Sarawak RETURNING slightly after midnight from a visit to a longhouse just outside Miri, a town in Sarawak’s north, activist Hishamuddin Rais was amazed to find the place still abuzz. “People, hundreds of them, were coming back from a DAP
      THE STAR  -  703 words
    • Article
      Lock icon Dead cardholder’s widow sues Citigroup
      314 13 Bloomberg [JAKARTA] Citigroup Inc’s consumer banking unit was sued by the wife of a cardholder who died at a branch here for as much as three trillion rupiah (S$400 million). The incident coming after recent fraud allegations has seen Citigroup being barred from adding clients
      Bloomberg  -  314 words
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      281 13 r'T ifiSI wnii j m m A A •w-.v a 7 f>. SfW IWOOC Wi is T x. £+*fi 1 SK J*~S XfZ** W4 vVT r a# K£ R*C W e »?VW f# o mm»?5 y* •a* #s.*J bib JM m mm i vm F 1 i :4E ft 'JW
      281 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China inflation at a high in March
      573 14 March inflation put at 5.3-5.4% while forex reserves, money supply soar Reuters [BEIJING] Chinese inflation in March accelerated to as fast as 5.4 per cent from a year earlier, Hong Kong media said yesterday, reinforcing the government’s vow to rein in price rises.
      Reuters; AP  -  573 words
    • Article
      Lock icon China growth probably slowed in Q1
      266 14 Bloomberg [BEIJING] China’s growth probably slowed in the first quarter, helping to defuse the risk of overheating in an economy where inflation is estimated to be running at its fastest pace since 2008. The government will report today that gross domestic product (GDP) rose
      Bloomberg  -  266 words
    • Article
      Lock icon Moody’s lowers China’s property sector outlook
      358 14 Bloomberg [BEIJING] Moody’s Investors Service has lowered its outlook for China’s property sector to “negative” from “stable” on concern that residential sales could decline by as much as 30 per cent as local governments enforce housing curbs. The ratings firm said that 10 property
      Bloomberg  -  358 words
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      277 14 WINE DINE AND HOSPITALITY AN EASTER EGG-TRAVAGANZA Gather the whole family in Spring for an egg-citing Easter! Indulge in a buffet feast of Easter Eggs, Live Honey Smoked Ham, Boston Lobsters and so much more. Keep the young ones busy at the chocolate egg-painting station, with daily prizes to be
      277 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Credit growth expected to slow at major banks
      644 15 This follows India’s interest rate hikes; margins may be subject to pressure Reuters [MUMBAI] Credit growth at India’s leading banks is likely to slow down in the coming months after a series of interest rate hikes in Asia’s third-largest economy to tame
      Reuters  -  644 words
    • Article, Illustration
      Lock icon World economic hub rapidly shifting to Asia
      406 15 AP [SYDNEY] The world economy’s centre of gravity is shifting rapidly to Asia, which will soon rival Wall Street as a source of routine market signals, Australia’s central bank chief Glenn Stevens said yesterday. Mr Stevens also said that finding solutions to imbalances
      AP  -  406 words
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      2642 15 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CACOLA FURNITURE INTERNATIONAL LIMITED (Incorporated in the Cayman Islands) (Co. Reg. No: CT-*****2) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Cacola Furniture International Limited (the “Company”) will be held at Grand
      2,642 words
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  • WORLD
    • Article
      Lock icon US Justice Dept disables Coreflood botnet
      551 16 Over 2m computers infected worldwide; widespread wire fraud, bank fraud committed Bloomberg [WASHINGTON] The US Justice Department says it has disabled a “massive fraud scheme” that infected more than 2 million computers worldwide with malicious software. The department filed a civil complaint, criminal seizure
      Bloomberg  -  551 words
    • Article, Illustration
      Lock icon MG rolls out first new car in UK in 16 years
      381 16 Bloomberg [LONDON] Britain’s iconic MG sports car brand began producing its first new model in the UK in 16 years on Wednesday using bodyshells, engines and powertrains shipped from China by Shanghai-based parent SAIC Motor Corp. The MG6, a
      Bloomberg; BLOOMBERG  -  381 words
    • Article
      Lock icon PC shipments dip in Q1 as Apple rolls out iPad 2
      355 16 Consumers switched to alternatives or held back: analyst AP [SAN FRANCISCO] Last year, the popularity of Apple’s iPad hurt PC sales. This year, that trend is continuing, as new data from two market research firms indicate PC shipments declined
      AP  -  355 words
    • Article
      Lock icon Ontario panel ‘for TMX sale with conditions’
      461 17 It’s likely to submit report to legislature on April 19 Bloomberg [TORONTO] An Ontario government committee reviewing TMX Group Inc’s sale to the London Stock Exchange Group plc (LSE) will recommend supporting the C$3.2 billion (S$4.26 billion) transaction with conditions, according to two
      Bloomberg  -  461 words
    • Article
      Lock icon BP, Rosneft extend deadline for deal
      313 17 AFP [LONDON] BP and Russian oil giant Rosneft have agreed to extend until next month a deadline to complete a US$16 billion share swap that is key to a landmark Arctic exploration deal, the British group said yesterday. “BP announced today that it has
      AFP  -  313 words
    • Article
      Lock icon NYSE Euronext, Deutsche Boerse may woo shareholders
      567 17 They are considering financial incentives to win support for merger: sources Bloomberg [NEW YORK] NYSE Euronext and Deutsche Boerse AG are considering financial incentives to win support for their merger following an unsolicited bid for NYSE Euronext by Nasdaq OMX Group Inc and
      Bloomberg  -  567 words
    • Article, Illustration
      Lock icon ELECTRIC YELLOW CARE BEAR
      61 17 [NEW YORK] This 35,000-pound, 23-foot bronze sculpture of a yellow teddy bear with a working lamp will be on display for five months in front of the Seagram Building in Manhattan. The sculpture, ‘Untitled (LAMP/BEAR)’, by artist Urs Fischer is expected to sell for more than
      AFP  -  61 words
    • Article
      Lock icon Glencore starts this year’s largest IPO of US$11b
      531 17 It’s going ahead despite dim outlook on commodities Bloomberg [LONDON] Glencore International AG is starting the year’s largest initial public offering as Goldman Sachs Group Inc urges a retreat from commodities and IPO investors shun the UK market. The Swiss commodities trader
      Bloomberg  -  531 words
    • Article
      Lock icon General Electric shares hit by phony press release
      500 17 Fake release claims the firm will donate US$3.2b tax refund to the govt Reuters Bloomberg [BOSTON] General Electric Co, embroiled in controversy over its low 2010 US tax bill, was the target of a bogus press release claiming that it would donate
      Reuters; Bloomberg  -  500 words
    • Article
      Lock icon Goldman Sachs misled clients about CDOs: US Senate panel
      598 18 Panel also says prosecutors should look at perjury charges against CEO Bloomberg [WASHINGTON] Goldman Sachs Group misled clients and Congress about the firm’s bets on securities tied to the housing market, the chairman of the US Senate panel that investigated the
      Bloomberg  -  598 words
    • Article, Illustration
      Lock icon Visa loses anti-trust appeal
      245 18 Bloomberg [LUXEMBOURG] Visa Inc, the world’s biggest electronic-payments network, and Visa Europe Ltd lost an appeal of a 10.2 million euro (S$18.5 million) European Union (EU) fine for blocking competition. The EU General Court, the 27-na-tion region’s second-highest tribunal, upheld the fine for blocking Morgan Stanley
      Bloomberg; BLOOMBERG  -  245 words
    • Article
      Lock icon Gillard’s carbon tax plan faces roadblocks
      390 18 Bloomberg [CANBERRA] Australian Prime Minister Julia Gillard’s plan to tax carbon emissions may be in doubt after a key independent lawmaker Tony Windsor said he wouldn’t guarantee its passage in Parliament. Ms Gillard needs the support of Mr Windsor and three non-party lawmakers to
      Bloomberg  -  390 words
    • Article
      Lock icon Moody’s, S&P triggered crisis: Senate panel
      607 18 Reuters [WASHINGTON] Moody’s Corp and Standard and Poor’s triggered the worst financial crisis in decades when they were forced to downgrade the inflated ratings they slapped on complex mortgage-backed securities, a US congressional report concluded on Wednesday. In one of the most stark condemnations
      Reuters  -  607 words
    • Article
      Lock icon Aftershocks, not radiation, weigh heavily on beleaguered Japanese
      573 18 Frequency of aftershocks remains higher than normal NYT [TOKYO] Aguri Suzuki, a 44-year-old real estate agent, says she sometimes thinks the ground is shaking even when it is not. When she sees a tree branch swaying in the wind, she worries there
      NYT  -  573 words
    • Article
      Lock icon Core producer prices rise more than expected
      434 19 March PPI up 0.3% as prices of motor vehicles and energy increase LATEST US DATA Reuters [WASHINGTON] US core producer prices rose slightly faster than expected in March from February, as motor vehicle prices jumped, and the core increase from a year ago
      Reuters  -  434 words
    • Article
      Lock icon Fund clients want fewer barriers to exit
      444 19 Bloomberg [LONDON] Investors are turning to hedge funds such as Caxton Associates that don’t have restrictions on withdrawals when making new commitments, according to a new survey of fund clients. Hedge-fund customers plan to allocate 90 per cent of new investments in 2011
      Bloomberg  -  444 words
    • Article
      Lock icon G20 chiefs to thrash out ’name and shame’ plan
      600 19 System aims to pin down when country indicators point to systemic risk AFP Bloomberg [WASHINGTON] Representatives of the world’s 20 leading economies will be meeting in Washington today to thrash out a system that would protect the global economy from risks
      AFP; Bloomberg  -  600 words
    • Article, Illustration
      Lock icon Eurozone hit by concerns over Greek debt restructuring
      553 19 Reuters AFP [LISBON] Greece faced a new surge in its debt costs yesterday after Germany said for the first time that Athens may need to restructure its debt, a move one central banker warned would be a “catastrophe”. Growing talk of restructuring
      Reuters; AFP; REUTERS  -  553 words
    • Article, Illustration
      Lock icon Finland may block eurozone aid to Portugal
      546 19 Reuters [BRUSSELS] There is now an even chance that Finland will block euro zone aid to Portugal, a move that could throw into doubt the euro zone’s ability to ensure its own financial stability, a Finnish finance ministry official said. Finland holds parliamentary
      Reuters; AFP  -  546 words
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      228 16 XV W I > WINE DINE AND HOSPITALITY k -V- ]l f<i 1W .1 s iruKvi 7iW. MffW v; K'lWfcS i\P %N V^ys" £x* ss *>s -i>V® .£K sa XdC? E. SF 'I* -V SJt33 .r If §3 0*3 gfiety V/V yp "Sv a >• Hilton Singapore J M iO
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      602 17 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MICRONAS SOUTH EAST ASIA HOLDING PTE. LTD. (Company Registration No. *****3353W) (In Member’s Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50
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      46 18 Tuck into CEO THE GREAT outkooocCHARITY Feast on satay cooked by Mr Michael Chin, GM of Asia Pacific Breweries (Singapore Pte Ltd) Feel good because all proceeds go to charity When: Tonight (7-10pm) Where: Food Republic Beer Garden at St James Power Station the new paper
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      9 18 FINDfSJSS UNDERCOVER UNCLE WIN $2500 CASH! I A k
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  • EDITORIAL & OPINION
    • Article
      Lock icon Asia’s US$1 trillion infrastructure opportunity
      455 20 EDITORIAL DESPITE their blistering growth and bright economic prospects, most emerging Asian countries China, India, and the Association of South-east Asian Nations (Asean) continue to suffer from underdeveloped infrastructure. In India, for example, electricity generation is 16 per cent to 20 per cent short of
      455 words
    • Article, Illustration
      Lock icon Why government in America is suicidal
      723 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WE IN America have created suicidal government; the threatened federal shutdown and stubborn budget deficits are but symptoms. By suicidal, I mean that government has promised more than it can realistically deliver and, as
      The Washington Post Writers Group  -  723 words
    • Article, Illustration
      Lock icon Accounting standards: What’s on the horizon?
      921 20  -  Changes are happening and more are coming; their intensity will continue to be palpable By CHARLENE TEO JOON-ARN CHIANG Charlene Teo is senior manager and Joon-Arn Chiang is partner in Ernst Young’s Financial Accounting Advisory Services Practice YESTERDAY will never be the same as
      STOCK.XCHNG  -  921 words
    • Article, Illustration
      Lock icon China’s maturing aerospace industry
      1348 21  -  Beijing has come a long way since building its first plane in the 1960s By MENG W TAN The writer is a Singaporean currently pursuing his PhD in world economics at Nanjing University CHINA first embarked on its quest to develop an indigenously designed commercial aircraft
      AFP  -  1,348 words
    • Article, Illustration
      Lock icon Kazakhstan: a new investors’ darling soon
      1107 21  -  By ANTONIO MARIO ANGOTTI The writer, based in Beijing and Almaty, is managing director for Central Asia and China for Praetorian Trust, a Swiss wealth and asset management company THE re-election of President Nursultan Nazarbayev last week vindicates his decadesold policy, which has coupled
      AFP  -  1,107 words
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  • SHIPPING/AVIATION
    • Article
      Lock icon Chinese puzzle that’s wrapped in an enigma
      660 22  -  Arranging ship financing from a bank in China is no straightforward affair By JOYCE HOOI [SINGAPORE] In the months following a roaring year for Chinese ship financing as liquidity dried up in the West, tales of foreign firms being singed by the dragon
      660 words
    • Article
      Lock icon Maersk second line to make low-sulphur fuel switch here
      359 22  -  By JOYCE HOOI [SINGAPORE] Hot on the heels of Neptune Orient Lines’ decision to switch to low-sulphur fuel for its ships calling at Singapore, Maersk Line announced yesterday that it will be doing the same thing. “Maersk is ready to start
      359 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 22 SGX '000 Apr 14 S$ +/-Vol CH Offshore 0.45 -0.01 57 Chuan Hup Hldg 0.23 unch 25 Cosco Corp 2.29 -0.03 ***** CWT Ltd 1.35 -0.02 1210 Ezra Hldgs 1.77 unch 813 First Ship Lea 0.41 -0.01 378 Freight Links 0.07 -0.01 720 Grand Banks unch unch 0
      278 words
    • Article, Illustration
      Lock icon Horn protest mooted to combat piracy
      797 22  -  Bimco chief wants to push authorities into taking action By GEORGE JOSEPH [SINGAPORE] The shipping industry’s moves to jolt governments into action in the fight against Somalian piracy could soon take a new pitch a loud 30-second blast at noon every day from ships
      AP  -  797 words
    • Article
      Lock icon Sea Asia sets new record with 12,167 participants
      215 22  -  By JOYCE HOOI SEA Asia 2011 saw the total number of its participants hit 12,167 as the three-day show wrapped up yesterday, exceeding the 12,000 people expected to attend. It was the highest attendance figure yet for the show, which was jointly
      215 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3333 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1245 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 JL7893 2225 MU8439 2225 QF82 2225 LH9770 2350 SQ279 2350 --VS7279 2350 Amsterdam LO4031
      3,333 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8411 23 Transaction date: Apr 14 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17.5cd 17 17.5 7.8 3.5 3.7 83.8 12 4.5 A-Sonic 7.5cd unch 378 7.5 7.5 7.5 8
      8,411 words
    • Article
      Lock icon SGX CATALIST
      1533 24 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 145 t APStrategic 170 161 173 100.9 1.5 0.5 t Advanced System 0.5
      1,533 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9683 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.39/ APS Alpha Fund (USD)!** 1.11/ 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
      9,683 words
    • Article
      Lock icon GLOBALQUOTE
      236 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A51.5 unch 7 52 51.5 51.5 52.5 3.6 6.8 4.1 134.1 55 16 Genting HK US$ US42 -1 ***** 43 42 41.5 42 2765.5
      236 words
    • Article
      Lock icon SGX ETF
      804 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112 112 113 511.3 1075 761 CIMBAsean40 100US$ US1073 unch 1 1073 1073 962 1072 42.9 350 270 DBS STI
      804 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 25 In local curr In S$ In US$ dy yr dy yr dy yr Apr 13 Index Change Change Change Change Change Change World Index Preliminary 922.2 0.3 2.7 0.1 2.5 0.4 4.6 EAFE Preliminary 806.7 0.6 0.7 0.5 2.3 0.7 4.4 Europe Preliminary 1199.4 0.6
      374 words
    • Article
      Lock icon INTERBANK RATES
      177 25 Apr 14 $S Offer Bid 0vernight 0.03 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.34 0.24 2 months 0.38 0.28 3 months 0.43 0.33 6 months 0.55 0.45 9 months 0.80 0.60 12
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Apr 14 S$ Bid Offer 1-month 1.2472 1.2475 2-months 1.2471 1.2475 3-months 1.2471 1.2475 6-months 1.2468 1.2472 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 Apr 14 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.354 1.278 Can dollar 1.323 1.273 Euro 1.84 1.77 Sterling pound 2.074 1.995 NZ dollar 1.014 0.966 US dollar 1.269 1.221 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 25 Apr 14 Open High Sett STI Apr 3145 SIMSCI Apr 373.5 374.3 371.8 Taiwan Apr 311.6 312.9 311.7 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      61 25 Apr 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3345 658 May 11 3353 3314 3379 3314 722 ***** Jun 11 3333 3282 3360 3282 ***** ***** Jul 11 3328 3278 3352 3273 7987 *****
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      475 25 Apr 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7100 0 2093 Sep11 99.6350 0 3457 Dec11 99.4850 0 1883 Mar12 99.2550 0 3001 EUROYEN TIBOR FUTURES Jun11 99.6725 99.6725 99.6725 99.6725 535 5000 Sep11 99.6700 700 1443 Dec11 99.6625 0 1991 Mar12 99.6550 99.6550
      475 words
    • Article
      Lock icon SICOM FUTURES
      132 25 Apr 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 600.0 600.0 589.3 4 Jun 11 595.0 595.0 586.8 2 Jul 11 571.7 Aug 11 566.0 Sep 11 556.1 Oct 11 543.0 Nov 11 543.0 Dec 11
      132 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      75 25 Apr 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 14.07.2011 0.25 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.33 5-Year N*****0W 1.125 01.04.2016 100.18 100.35 100.22 10-Year NY*****N
      75 words
    • Article
      Lock icon CHICAGO BOT
      107 25 Apr 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1333.50 1329.75 1349.00 1328.25 Jul 11 1345.00 1341.00 1360.00 1340.00 Aug 11 1347.50 1343.25 1362.00 1341.75 Sep 11 1349.50 1344.25 1363.00 1344.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 57.36
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Apr 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 122.08 1.56 WTI (Near Mth) 107.13 1.10 Dubai (1-Mth F) 114.15 -2.48 Tapis blend 128.79 -3.40 Minas 125.19 -3.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 113.44 -1.06 Jet Kerosene 137.10 -3.15 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2655 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 23 -1 10 1 10 -11 1.61 55 Asia-Pacific Strategic W*****6 24 1 150 2 7.08 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****2
      2,655 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 25 Apr 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.011 6.879 0.727 8.191 46.644 91.213 0.879 11.452 3.181 1.328 88.700 45.535 1.314 7.152 0.941 30.570 31.740 0.644 1.053 Canada 0.989 6.802
      464 words
    • Article
      Lock icon SIBOR
      85 25 Apr 14 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 Apr 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3136 1.3145 1.0532 1.0537 Canadian dollar 1.2988 1.2997 1.0413 1.0419 Euro 1.8079 1.8091 1.4496 1.4502 NZ dollar 0.9894 0.9901 0.7933 0.7937 Sterling pound 2.0387 2.0395 1.6346 1.6349
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 25 Apr 14 GOLD (US$/oz) Apr 14 Apr 13 Hong Kong 1464.50 1460.50 Apr 13 Apr 12 London 1458.95 1449.58 1459.75 1450.38 Source: Thomson Reuters CAST BAR Apr 14 (S$) Selling Buying Kilobar 62,999.46 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 59 5gm 401 294 10gm 716
      138 words
    • Article
      Lock icon LONDON METALS
      71 25 Apr 13 Apr 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2617.25 2629.00 3 months 2643.00 2660.00 Copper, Grade A (US$/tonne) Cash 9488.25 9603.75 3 months 9510.00 9625.00 Lead (US$/tonne) Cash 2732.00 2781.75 3 months 2679.50 2725.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 25 Apr 13 COCOA (£/tonne) Close Prev High/Low May 11 1948 1938 1967/1935 Jul 11 1946 1937 1964/1932 Sep 11 1961 1948 1973/1943 Dec 11 1982 1963 1985/1957 COFFEE (US$/tonne) Close Pev High/Low May 11 2496 2431 2506/2435 Jul 11 2500 2426 2510/2432 Sep 11 2518 2449 2523/2449 Nov 11
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  • Article
    Lock icon SHIPPING TIMES
    5410 26 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination SIAM JADE Muscat/Sharjah/Doha/Bahrain/Dammam
    5,410 words
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      Lock icon Page 27 Advertisements Column 1
      72 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES Importers looking for Warehouse Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 I FREIGHT FORWARDER urgently needed by shippers
      72 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Have a life-changing dinner
      1911 28  -  Call it life coaching, psychology or neuro-linguistic programming seeking professional help today for your problems may be just an entree away, reports MELISSA LWEE reports MELISSA LWEE IT’S a typical Thursday night at Table 66 in Tras Street and the place is filled with diners enjoying
      PHOTO OF THE BEHAVIOURAL EXCELLENCE AND DEVELOPMENT STRATEGY INSTITUTE: ARTHUR LEE; PHOTOS: YEN MENG JIIN  -  1,911 words
    • CINEMA
      • Article, Illustration
        Lock icon Warm to Wood
        641 29  -  By DYLAN TAN FOR his latest film, acclaimed French-Viet-namese arthouse director Tran Anh Hung (Cyclo, Scent of a Green Papaya) adapts Haruki Murakami’s cult 1987 novel Norwegian Wood for the big screen. With the book’s dense poetic undertones, it’s always going to be difficult to bring it
        641 words
      • Article, Illustration
        Lock icon Bieber biopic fans the flames
        686 29  -  By GEOFFREY EU THE females in the pre-teen audience couldn't stand it any longer, so they started screaming uncontrollably during the trailer that preceded Never Say Never, a concert documentary featuring Justin Bieber, the impossibly cute, mop-haired teen idol-du-jour. In that moment, I was reminded
        PHOTOS: REUTERS, AFP  -  686 words
      • Article, Illustration
        Lock icon Drama mamas on a roll
        661 29  -  Portman and Kudrow face off in Love and Other Impossible Pursuits writes DYLAN TAN writes DYLAN TAN MADE in 2009 but left on the shelf until now, Love and Other Impossible Pursuits is being dusted off and given a quiet theatrical release to cash in
        661 words
      • Article, Illustration
        Lock icon Lucasfilm a Force of nurture
        759 29  -  By CHRISTOPHER LIM ANIMATORS, film producers and software programmers here should listen up, because local talent hunting is at the top of Lucasfilm’s agenda, says Micheline Chau, Lucasfilm’s president and chief operating officer. “A big goal of ours is to maintain the momentum of local
        CHRIS LIM  -  759 words
    • MUSIC/ENTERTAINMENT
      • Article, Illustration
        Lock icon Bob Dylan rocks Ho Chi Minh city
        720 30  -  The times they are a-changing as the iconic singer sees a Vietnam with no war after 50 years, reports DYLAN TAN reports DYLAN TAN BOB Dylan made history twice last week by playing three shows for the first time ever in two communist
        PHOTOS: AP, AFP  -  720 words
      • Article, Illustration
        Lock icon Guitar fusions raise the bar
        538 30  -  CD REVIEWS By CHRISTOPHER LIM FOR many people, the word “guitarist” conjures images of long-haired rock stars indulging in long guitar solos, but today’s musicians are working to shed old stereotypes and carve a new identity for their instruments. Thanks to composer David Chesky, the
        538 words
      • Article, Illustration
        Lock icon Spirited outing
        519 30  -  By CHRISTOPHER LIM KITARO’S latest tour is called The Silk Road East and West tour, but he left the audience here scratching their heads on Wednesday night when he didn’t perform his Silk Road theme one of his most famous pieces at his first concert at Marina Bay
        519 words
      • Article, Illustration
        Lock icon Best in Narnia trilogy
        408 30  -  DVD REVIEW By CHRISTOPHER LIM GEORGIE Henley and Skandar Keynes were the two most irritating cast members of the first two The Chronicles of Narnia of movies, so it’s a wonderful surprise to discover that the third instalment, which focuses on them, is the best of
        PHOTOS: 20TH CENTURY FOX  -  408 words
    • WINE
      • Article, Illustration
        Lock icon Burgundy palette
        1169 31  -  The perfect red or white Burgundy is just like chancing upon a great work of art, writes N K YONG writes N K YONG THE love affair that Singapore’s fans of wines are enjoying with Pinot Noir is spreading like a contagion. Wine lovers who once were diehard
        1,169 words
    • PURSUITS
      • Article, Illustration
        Lock icon Downloads of fun
        429 32  -  Get more of the bells and whistles with Torchlight and Beyond Good Evil on the Xbox Live Arcade, writes CHRISTOPHER LIM GAMING REVIEW By CHRISTOPHER LIM Torchlight Rating: B Beyond Good Evil HD Rating: B+ SOME games are launched before the world is ready for them and
        429 words
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Guzheng from Singapore to Shanghai
          193 32 THE Singapore Chinese Orchestra (SCO) guzheng concert tonight will be broadcast to Shanghai a first for SCO in its Casual Classical: Melodies of Guzheng programme presented together with the Shanghai Weekly Radio Concert. The concert features Shanghai guzheng soloist Liu Le (right), and is co-hosted
          193 words
        • Article, Illustration
          Lock icon Surrealism, satire and simplicity in one-man shows
          280 32 Chinese contemporary photographer Maleonn is best known for his colourful theatrical approach to photography using props and actors. His art is like poems of “fragments of things without any logic”, he describes. Pure Satire (below) is a solo exhibition featuring 40 works created
          280 words
        • Article, Illustration
          Lock icon Sharks and bats on show
          190 32  -  Compiled by CHEAH UI-HOON The shark is one of the most misunderstood animals on earth. Find out if it is a pred- ator or prey at the Science Centre which is featuring life-size shark models, authentic artefacts from the movie Jaws, 350 million-year-old fossils, and
          190 words
    • ARTS
      • Article, Illustration
        Lock icon Hooking up with earthen art
        789 33  -  Age-old rites of connecting with others underpin artist Madhvi Subrahmanian’s work, writes CLARISSA TAN writes CLARISSA TAN YOU would not think of Facebook when looking at Madhvi Subrahmanian’s artworks. No, you really wouldn’t, because Facebook is flat, digital, functional, made up of pixels and its
        789 words
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        Lock icon Duet with 100 chairs
        473 33  -  By NATALIE KOH STACKING up chairs and knocking them down again doesn’t sound much like art, but put it in the right context, and you might just have a meaningful piece of work. For Imagined Future Benefit, a theatrical duet by Tara Tan and Gareth Mayer,
        PHOTO: TARA TAN  -  473 words
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        666 33  -  By CLARISSA TAN THERE’S an intriguing, thought-provoking and wryly comic piece of drama currently playing at the National Museum’s Gallery Theatre. In fact, “drama” is a loose term though the work has its dramatic moments for the mixture of art installation, documentary, film and theatre
        666 words
      • Article, Illustration
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      204 31 L E S AMIS D U CREDIT SUISSE THE MERLION HOTEL BY TATZU NISHI. CHECK-IN TO SINGAPORE'S MOST FAMOUS ICON f r~ uqh w\ r .c k' a nr. y. dteiU m t, raw?-- -*u ■u 7 r •> X I IN SI -v V 3 x/;«:■- c: S !l-
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  • Page 33 Miscellaneous
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      321 33 CRYPTIC CROSSWORD Across 1 Garment that is worn out (8) 9 Refuse to give hard time (8) 10 Ten entering to attack church officer (6) 11 See closure get complicated (10) 12 Black stuff out of the blue? (3,4) 14 Way photographer was successful? (7) 16 Look right by railway
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