The Business Times, 8 November 2012

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Microfilm: NL32293
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, November 8, 2012
    25 words
  • Article, Illustration
    Lock icon Dow dives; fiscal cliff back in focus after Obama win
    894 1  -  Middle class, young voters help President win a second term By ROB CURRAN US STOCK markets fell 2 per cent yesterday after President Barack Obama’s re-election victory set up a tough battle with Republicans over the looming “fiscal cliff”. After
    PHOTO: AFP  -  894 words
  • Article
    Lock icon OUE to show its hand on F&N by Nov 15
    790 1  -  By KENNETH LIM [SINGAPORE] Overseas Union Enterprise (OUE) said it needs another week to decide whether to launch a rival bid for Fraser and Neave (F&N), highlighting the complexities involved in the region’s largest-ever takeover battle. OUE, a property developer,
    790 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,043.27 (+23.94) GST INDEX FUTURES 3,043.00 (+24.00) GSIMSCI 345.14 (+2.76) GSIMSCI FUTURES 345.50 (+3.30) US$ S$ US$ (S$ per US$) 1.221 (US$/S$ per 1.603 1.957 EURO (US$/S$/€) 1.287 1.571 Foreign currency per US$ S$ YEN 80.30 65.80 RM 3.052 2.500 HK$ 7.750 6.349 BAHT 30.68 25.13 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      49 1 Wednesday Change KL COMP 1,645.53 -0.10 NIKKEI 225 8,972.89 -2.26 HANG SENG 22,099.85 +155.42 SET INDEX 1,299.74 -1.10 JAKARTA COMP 4,350.42 +36.16 MANILA COMP 5,437.29 -36.32 SEOUL COMP 1,937.55 +9.38 SHENZHEN B 603.44 -3.21 MUMBAI IND 18,902.41 +85.03 12 noon EDT Change DOW 12,948.94 -296.74 NASDAQ 2,940.58 -71.36
      49 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONGKONG 5.00 INDONESIA 14 468 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      586 2 OUE to show its hand on F&N by Nov 15 OVERSEAS Union Enterprise said it needs another week to decide whether to launch a rival bid for Fraser and Neave. OUE said it will clarify its intentions by Nov 15, a deadline arrived at following discussions with the
      586 words
    • Article
      Lock icon Small-car COE premium hits record $77,201
      375 2  -  Other categories surge too; further spikes seen in 2013 when CEVS starts By SAMUEL EE [SINGAPORE] The certificate of entitlement (COE) premium for small cars raced to a record $77,201 yesterday on the back of strong demand for highervalue cars, said some motor distributors.
      375 words
    • Article
      Lock icon Inflation to hit white-collar staff pay: poll
      738 2  -  By CHUANG PECK MING [SINGAPORE] Inflation is tipped to ease a bit next year but it’s likely to be still high enough to wipe out wage gains of white-collar staff in Singapore, according to a global survey by human resource consultancy ECA International.
      738 words
    • Article, Illustration
      Lock icon Centillion succeeds in appeal over $15.6m
      811 2  -  Sum recovered from $28.8m confiscated assets of tycoon Ng By GRACE LEONG [SINGAPORE] Centillion Environment Recycling Ltd, the recycling firm that replaced Citiraya Industries, succeeded in an appeal to recover $15.6 million from $28.8 million in confiscated assets of rogue tycoon Ng Teck Lee,
      811 words
    • US ELECTIONS 2012
      • Article, Illustration
        Lock icon A well-earned fresh mandate
        899 4  -  Four more years for Barack Obama to finish the work he set out to do after he first became president in 2008 COMMENTARY VIKRAM KHANNA Associate Editor IN THE end, it wasn’t as close as the pundits had called. Yesterday, around 2.30pm Singapore time several hours
        899 words
      • Article, Illustration
        Lock icon New America carries Obama to easy win
        852 4  -  It’s Demographics, Stupid! And also the auto bailout and the abortion debate By LEON HADAR in Washington DEMOCRATIC President Barack Obama will be spending four more years in the White House after the major US television networks declared him the winner in the
        852 words
      • Article
        Lock icon Markets may mark time till fiscal deal is reached
        758 4  -  By NEIL BEHRMANN in London GLOBAL currency, bond, equity and commodity markets are expected to range trade until US President Barack Obama and the Republican Congress negotiate a fiscal deal due at the end of the year. European stock markets slid
        758 words
      • Article
        Lock icon PM Lee congratulates Obama, Biden
        211 4 [SINGAPORE] Prime Minister Lee Hsien Loong wrote to US President Barack Obama and US Vice-President Joe Biden yesterday to congratulate them on their re-election. “Your victory affirms the American people’s trust in your leadership,” he said in his letter to Mr Obama. Mr Lee added
        211 words
      • Article
        Lock icon Gridlock looms as Congress remains polarised
        678 4 Bloomberg Reuters [WASHINGTON] The balance of power remains unchanged in Congress likely meaning more partisan gridlock as Republicans remained firmly in control of the House of Representatives while the Democrats kept their majority in the Senate. In the House, the Republicans control 228 seats
        Bloomberg; Reuters  -  678 words
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      572 2 s T < r mm r l An intimate culinary affair with Chef Kishio Watanabe Kadeko is proud to present the Omakase Wine Pairing Dinner with Chef Watanabe, featuring dishes specially crafted from the best seasonal Japanese produce for 10 privileged Kadeka winners. Omakase, which literally translates to 'It's up
      572 words
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      139 3 www.vw.com.sg Ik V Our very own elite model. #5 The Volkswagen CC. Now with free elite lifestyle package. Volkswagen presents Elite Model Look Singapore 2012. And to celebrate we are offering the stylish Volkswagen CC with the following elite lifestyle package absolutely free: Cruise control. RNS510 Navigation system. Park Distance
      139 words
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      134 4 Legend of the Seas 2012 /2013 2N MALACCA CRUISE Dep Date Feb 06 Mar 23 Port-of-call Singapore, Malacca 3N BEST OF MALAYSIA CRUISE Dep Date Nov 09,16, 23 30 Dec 07,14 26 Port-of-call: Singapore, Penang, Malacca Dep Date Feb 22 Mar 01,08 29 Port-of-call: Singapore, Penang, Port Klang 4N ISLES
      134 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon UOB’s Q3 profit up 36% at $707m
      604 5  -  Boost from strong fee and commission income, plus trading gains By SIOW LI SEN UNITED Overseas Bank (UOB) recorded a 36 per cent year-on-year rise in net profit for the fiscal third quarter, aided by strong fee and commission income and trading gains.
      BT FILE PHOTO  -  604 words
    • Article
      Lock icon WBL’s CEO to step down
      368 5  -  By SAMUEL EE WBL Corp’s group CEO and executive director Tan Choon Seng is leaving the technology, property and automotive group. His last working day is Nov 14. In an announcement yesterday, which came after speculation in recent weeks about the impending exit, WBL said
      368 words
    • Article
      Lock icon Citi, other banks help MAS in rates probe
      361 5 Request in July came after Barclays’ fine for Libor rigging Bloomberg [NEW YORK] Citigroup Inc, the third-biggest US bank by assets, has received requests for information from the Monetary Authority of Singapore (MAS) related to probes into the rigging of benchmarks used
      Bloomberg  -  361 words
    • Article, Illustration
      Lock icon ST Engg Q3 earnings up 9.5% at $146.4m
      452 7  -  Higher revenue, PBT in its aerospace, electronics and land systems sectors By CAI HAOXIANG ST Engineering recorded a 9.5 per cent increase in net profit to $146.4 million from $133.8 million for its third quarter ended Sept 30, 2012. The higher profitability
      452 words
    • Article, Illustration
      Lock icon Ho Bee posts $31.5m Q3 profit
      598 7  -  3.5% dip largely due to absence of sale of investment property By KALPANA RASHIWALLA PROPERTY group Ho Bee has posted group net profit of $31.5 million for the third quarter of this year, down $1.1 million or 3.5 per cent from the same period
      PHOTO: HO BEE GROUP  -  598 words
    • Article
      Lock icon SATS renews contracts with SIA for 5 years
      321 7  -  By VEN SREENIVASAN LISTED ground services specialist SATS Ltd has renewed its ground-handling and inflight-catering contracts with its single biggest customer at Changi Airport, Singapore Airlines (SIA), for five years. SATS’ previous groundhandling and inflight-cater-ing contracts with SIA were for three years
      321 words
    • Article, Illustration
      Lock icon Yangzijiang Q3 profit falls 14%
      572 8  -  Year-on-year fall to 877.2 million yuan on fewer ship deliveries By LYNN KAN YANGZIJIANG Shipbuilding (Holdings)’s net profit for the third quarter ended Sept 30, 2012 fell 14 per cent year-on-year to 877.2 million yuan (S$171 million) from 1.02 billion yuan, as its yards delivered
      572 words
    • COMPANY BRIEFS
      • Article
        Lock icon UOB-Kay Hian Q3 profit drops 11.9%
        68 8 UOB-Kay Hian Holdings posted a net profit attributable to owners of $20.4 million for the third quarter ended Sept 30 11.9 per cent lower from a year ago. Total revenue fell 14.4 per cent to $79.4 million. The weaker performance stemmed from low trading
        68 words
      • Article
        Lock icon ComfortDelGro unit in Guangzhou taxi JV
        32 8 COMFORTDELGRO Corporation said a wholly owned subsidiary has entered into a 50:50 joint venture with Guangzhou Transportation Group to form a firm providing public taxi services.
        32 words
      • Article
        Lock icon Midas issues Q3 loss warning
        40 8 MIDAS Holdings expects to report a net loss for the third quarter ended Sept 30 due mainly to lower revenue, higher operating expenses and finance costs, and a share of loss from an associated company.
        40 words
      • Article
        Lock icon Yeo Hiap Seng Q3 profit down 73%
        39 8 YEO Hiap Seng posted a net profit of $3.3 million for the third quarter ended Sept 30, down 73 per cent year on year. Revenue dropped 10 per cent to $114.5 million.
        39 words
    • Article
      Lock icon At a glance
      349 8 9 months ended Sept 2012 3 months ended Sept 2012 NET PROFIT (S$M) TURNOVER (S$M) COMPANY CURRENT PREVIOUS CHG CURRENT PREVIOUS CHG UOB 2,107.0 1,769.0 19.1 4,903.0 4,221.0 16.2 707.0 522.0 35.4 1,664.0 1,361.0 22.3 Yangzijiang 539.9 572.3 -5.7 2,187.6 2,034.0 7.6 170.8 198.8 -14.1 703.2 712.9
      349 words
    • Article
      Lock icon BreadTalk posts 7.7% dip in Q3 profit to $3.39m
      280 8  -  By TEO SI JIA BREADTALK Group posted a 7.7 per cent year-on-year decline in third-quarter net profit to $3.39 million. Revenue for the three months ended Sept 30, 2012, climbed 22 per cent to $116.69 million from $96.07 million, mainly due
      280 words
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      Lock icon Page 5 Advertisements Column 1
      44 5 Credit Suisse in Of ITT k ESCAPE olce usto i' Cl it 37? iff. 37? Nescafe u Nescafe T- •—is -r- 5 v r--4 -»-5s i HI LAURENT FREIXE BRINGS A FRESH PERSPECTIVE TO NESTLE'S GROWTH. Credit Suisse is adding an extra dimension. credit-suisse.com/clients
      44 words
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      9 5 Promotion Now On 6281 5688 or 6757 4403 www.gnc.com.sg
      9 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon ST Index recovers two days’ losses
      631 6  -  Obama’s re-election cited as a possible reason for market’s bank-led rebound STOCKS R SIVANITHY Senior Correspondent AFTER dropping 22 points on Monday and Tuesday the Straits Times Index yesterday rebounded 23.94 points to 3,043.27. Volume improved slightly from the weak averages of the past
      Source: Bloomberg  -  631 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Nov 7 VALUE CLOSE BT OB/OS -430.00 +190.0 BT CADI -*****.00 +110.0 BT 10-day MA -*****.00 -43.00 FTSE ST Mid Cap 744.60 +7.37 FTSE ST Small Cap 487.70 +2.72 FTSE ST All Share 745.10 +6.04 FTSE ST China Top 201.45 +2.89 FTSE ST China 224.93 +3.72 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Transcu Grp 230,706,000 YHM 165,621,000 Golden Agri 106,708,000 Artivision 67,212,000 Oceanus 42,524,000 Genting SP 36,966,000 Geo Energy 29,177,000 Yangzijiang 28,350,000 Noble Grp 28,015,000 CapitaLand 22,242,000 VALUE($) SembMar 85,936,053 CapitaLand 77,279,715 F&N 74,256,260 Keppel Corp 68,075,283 DBS Grp 66,115,904 Golden Agri 66,007,425 SembCorp Ind 55,401,110 Genting SP
      57 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 5 4 0 0 0 8 5 4 Manufacturing 55 39 38 3 2 5 58 41 43 Commerce 22 17 19 2 2 3 24 19 22 Tpt/Stor/Comms 18 6 10
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      902 6  -  Compiled by JOYCE HOOI United Envirotech Ltd Nov 7 close: $0.365 OCBC INVESTMENT RESEARCH, Nov 7 STRONG run again in Q2 FY2013: United Envirotech Limited (UEL) reported Q2 FY2013 revenue +114 per cent y-o-y to $53.9 million, and +68 per cent q-o-q, as it undertook more projects over
      Source:  -  902 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,943 24,943 132,062 132,062 Manufacturing 216,903 28,581 245,484 297,549 712 298,261 Commerce 121,252 4,237 125,489 112,227 183 112,410 Tpt/Stor/Comms 75,977 23,168 99,145 116,595 6,767 123,362 Finance 19,687 3,098 22,785 149,621 1,430 151,050 Construction 38,965 166,549
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 6 Stock name Close Change CapMallsAsia 1.910 +0.020 CapitaLand 3.490 +0.090 CapitaMall 2.110 +0.040 CityDev 11.830 +0.210 ComfortDelGro 1.645 -0.010 DBS Grp 14.060 +0.220 F&N 9.150 +0.060 GLP 2.740 Genting SP 1.280 -0.010 Golden Agri 0.625 +0.015 HK Land 6.700 +0.200 IHH Healthcare 1.285 +0.005 JMH 60.110
      113 words
    • Article, Illustration
      Lock icon Asian units strengthen, led by rupee, as Obama is re-elected
      521 6 CURRENCIES Bloomberg [SINGAPORE] Asian currencies rose the most in a week, led by India’s rupee and South Korea’s won, as the reelection of US President Barack Obama damped concern that the Federal Reserve will rein in monetary stimulus. The won
      Bloomberg; PHOTO: REUTERS  -  521 words
    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP GLD 10US$ ***** 693.3 3.5 DBXT E50 10US$ 3865 174.6 3.8 DBXT MSKorea 10US$ 5810 114.7 1.6 DBXT SPASX200 10US$ 3665 80.6 1.8 DBXT Nifty 10US$ ***** 76.9 0.6 DBXT MSUSA 10US$ 3490 45.2 1.1 JMH 6011 37.8 0.5 DBXT FTVietnam 10US$ 1953 30.5 1.3
      109 words
    • Article
      Lock icon FALLS
      128 6 BY CENTS CLOSE DOWN DBS Bk 4.7% NCPS 100 ***** -165.0 -1.5 DBXT S&P Short 10US$ 3510 -57.4 -1.3 DairyFarm 1056 -29.3 -2.2 STXPO 100 416 -24.0 -5.5 Semb Corp.ES.1211 496 -11.0 -2.2 OCBC Bk 4.5%NCPS 100 ***** -10.0 -0.1 Jardine C&C 4770 -9.0 -0.2 UOB 5.05%NCPS 100 *****
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      106 7 I CORUM LACHAUX-DE-FONDS SUISSE W x x w R O »x> y GOLDEN BRIDGE AUT0MATIC Unear-winding automatic movement, 18K red gold case with sapphire crystal sides and back. Engraved gold version of the first CORUM automatic baguette-shaped movement. CORTINA WATCH ESPACE Millenia Walk Tel: *****728 Marina Bay Sands Tel: 6688
      106 words
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      506 8 2012 Ernst Young LLP. All Rights Reserved. FEA no. *****377 DEN T08LL0859H Financial Reporting Update 22 November 2012 Thursday, 22 November 2012 8:30 a.m. -1:00 p.m. Venue Raffles City Convention Centre Level 4, Canning Room 80 Bras Basah Road Singapore *****0 Registration closes on Monday, 19 November 2012 Registration/Enquiries Karin
      506 words
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      121 8 PLEASE COME VISIT FU J0 Fujian commodities expo Singapore m im m 4* m m. m Asia Expo Singapore 14 -16 November, 2012 Sands Expo Convention Center, Marina Bay Sands, Singapore SOURCE FROM OVER 300 LEADING ASIAN SUPPLIERS (gurr-mu i r? v-*| GIFTWARE AND HOUSEWARES SPORTING AND OUTDOOR GOODS GARMENTS,
      121 words
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  • SINGAPORE NEWS
    • Article
      Lock icon NTUC sets up $13m fund for training OPEC workers
      434 9  -  Sector expected to generate 1,100 new jobs annually over the next 2-3 years By ONG CHOR HAO TO attract new and younger workers and maintain a strong Singaporean representation in oil, petrochemical, energy and chemical (OPEC) industries, the labour movement has
      434 words
    • Article
      Lock icon Merrill asks court to reject ex-client’s lawsuit
      284 9 Bloomberg [SINGAPORE] Bank of America Corp’s Merrill Lynch unit has asked Singapore’s High Court to reject a former Indonesian pri-vate-banking client’s lawsuit for 251 billion rupiah (S$32 million) as fraudulent. Prem Harjani asked the court in a Sept 27 suit to enforce an
      Bloomberg  -  284 words
    • Article, Illustration
      Lock icon Design job for 2nd SLNG expansion awarded
      474 9  -  By RONNIE LIM FRONT-END engineering design (FEED) for a second expansion to the $1.7 billion Singapore LNG (SLNG) terminal has started, with specialist engineering group WorleyParsons clinching the FEED contract after a rigorous tender process. The expansion, estimated to cost around $500 million
      474 words
    • Article
      Lock icon Just text to pay your Citi credit card bill
      287 9  -  By TEO SI JIA CITIBANK credit card holders in Singapore can now skip the queues at payment machines when settling their bills. The bank has introduced a service called Citibank SMS Pay here, where making a partial or full payment on
      287 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon 6 get Eminent Business Alumni awards
        86 9 THE National University of Singapore (NUS) Business School has honoured six individuals with Eminent Business Alumni Awards. Four of them Singapore Totalisator Board chairman Bobby Chin, Certis Cisco Security chairman Lim How Teck, People’s Association chief executive director Yam Ah Mee and Sinovac Biotech
        86 words
      • Article
        Lock icon Tech incubator invests in homegrown startup
        77 9 TECHNOLOGY incubator Red Dot Ventures has invested $589,000 in homegrown startup Innova Technology for an undisclosed stake in the company. Innova’s flagship product is a credit card-sized device slotted into personal valuables that will alert the owner to where it is when it is
        77 words
      • Article
        Lock icon SLA ties up with poly, offers scholarship
        57 9 THE Singapore Land Authority (SLA) and Nanyang Polytechnic have signed a memorandum of understanding to work together on geospatial education, training, research and development. The SLA will also give a $3,000 bond-free SLA Geospatial Scholarship annually from next year until 2015 to an
        57 words
    • Article
      Lock icon SMEs optimistic about S’pore economy: study
      368 9  -  By FELDA CHAY SMALL and medium-sized enterprises (SMEs) in Singapore believe that the economy here is improving, and are confident of their business prospects for the six-month period up till March next year, according to a global study by business management software provider Sage
      368 words
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      Lock icon Page 9 Advertisements Column 1
      107 9 Think Malaysia, think Firefly Fly from Singapore to Kota Bharu I ALL-IN PRICE FROM SGD ONE WAY 40 Book from NOW until 18 Nov 2012 Travel from 8 Jan until 31 Mar 2013 Firefly Mobile App is now available: Available on the get it on App Store I Google play
      107 words
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      1163 10 A special feature brought to you by Soaring to new heights EMAS celebrates its 20th year of delivering value to the oil and gas industry BY DOUGLAS CHEW flexibility in operations set EMAS apart from its competitors. As the only Asian offshore company that can provide such a wide range
      1,163 words
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      158 11 1992 2007 2011 2012 EMAS Celebrates Providing the infrastructure for tomorrow’s energy needs E3 ywa. ta 1 y-' 4tiBriMMnW... .4 Together We Deliver AMC Energy Marine Production i iii U r X i i -K I —4-.—-■V niversary elebrations EMAS is a 20 year-old company with a 40 year-old legacy.
      158 words
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  • MALAYS IA/IN DON ESI A
    • Article
      Lock icon Indonesia sees at least 6.6% GDP growth in 2013
      689 12 Fillip from investment and infrastructure spending, with global economy sluggish Bloomberg [JAKARTA] Indonesia’s growth may accelerate to the fastest pace since before the Asian financial crisis next year on investment and infrastructure spending, even as the faltering global economy may cause
      Bloomberg  -  689 words
    • Article
      Lock icon MSC suspends operations at Koba Tin
      353 12 Reuters [JAKARTA] Malaysia Smelting Corporation (MSC) will suspend mining and smelting operations at its majorityowned Indonesian tin unit to stem losses from lower prices and slowing Chinese demand ahead of the expiry of a work contract, the company said. MSC’s decision to halt operations
      Reuters  -  353 words
    • Article, Illustration
      Lock icon L’Oreal’s biggest factory opens in Indonesia
      455 12 AFP [JABABEKA, Indonesia] Cosmetics giant L’Oreal yesterday opened its biggest factory in the world in Indonesia, as it seeks to profit from strong demand for beauty products in fast-growing Asia. The French group, the world’s biggest cosmetics company, said the factory outside Jakarta would
      AFP; PHOTO: AFP  -  455 words
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      52 12 Wanted. Dog food taster 4. A product of SPH, Singapore’s trusted media group. i A A i A 1 i *U?|S*n 1 5. PE' 100°C If there’s really an opening, you’ll probably find it on stjobs.sg The STJobs App for iPhone and iPad is free for download at the App
      52 words
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      136 13 THE GREEN COLLECTION GOLF VILLAS BY ELEVATION ONE OF THE WORLD'S FINEST ADDRESSES IS NOW AVAILABLE FOR LEASE -"Tr LIVE IN LANDED LUXURY AND COMPLETE PRIVACY WITH UNRIVALLED FAIRWAY VIEWS The Green Collection is the only residential development in Singapore situated on the fringes of an international championship golf course.
      136 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China’s next leaders seen tackling Macau
      1252 14 They may craft policies to curb rampant corruption that has become a big challenge to Communist Party power AP [MACAU] Hordes of Chinese high rollers flooding into Macau have turned the city into an Asian casino boomtown, but they’re also posing a challenge for
      AP; PHOTO: REUTERS  -  1,252 words
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      130 14 V > y S' ri a|i. r g m**! s 'o S». k t HP Swr :$5*/ -y E? If I 'j' yy r. r<m fM ft OR X. ■>ir# /fe A? yy 4 EXPECTING MORE ROOM. If you are expecting to start a family, log on to stproperty.sg now.
      130 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon RBI orders banks to increase loan shield
      785 15 Move comes after troubled loans double amid slowest growth in a decade Bloomberg [NEW DELHI] The Reserve Bank of India ordered lenders to set aside record reserves after troubled loans doubled amid the weakest economic growth in a decade. Governor Duvvuri Subbarao on
      Bloomberg; PHOTO: REUTERS  -  785 words
    • Article
      Lock icon China’s Oct data may signal modest rebound: poll
      521 15 Reuters [BEIJING] China’s factory output and investment may have gained steam in October as government progrowth policy steps gain traction, a Reuters poll showed, limiting the chances of aggressive stimulus even as inflation stays benign. The median forecast by 26 economists showed
      Reuters  -  521 words
    • Article, Illustration
      Lock icon Canada, India ’must speed up trade to ensure growth’
      412 15 Economic potential between two nations massive: PM Harper Bloomberg [NEW DELHI] Canadian Prime Minister Stephen Harper said his country and India must redouble their efforts to exploit the “massive” potential for trade and investment between the two countries. “Canada understands that
      Bloomberg; PHOTO: AFP  -  412 words
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      146 15 RELOCATION SINGAPORE ORIENTALIST Buy 8X1 Oft carpet at a discounted price and get a 3x5ft carpet free! A SALE LIKE NO OTHER WE'RE MOVING OUT. ALL MUST GO! C O 3 0 8 0 8 S 5 o fl C 0 C 3 0 0 0 8 0 0 fl
      146 words
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  • CHINA'S PARTY CONGRESS
    • Article
      Lock icon How much of Mao will stay as China enters new era?
      810 16 Removal of Mao thought risks pulling rug out from under Party Reuters [BEIJING] In 1981, five years after Mao Zedong’s death, China’s ruling Communist Party began to move slowly away from him and his philosophy. Today, speculation about whether
      Reuters  -  810 words
    • Article
      Lock icon Xi Jinping is secretary-general of party congress
      305 16 AFP Bloomberg [BEIJING] Vice-President Xi Jinping has been appointed secretary-general of the 18th Chinese Communist Party Congress, a procedural move heralding the start of a once-a-decade leadership transition that begins today. The congress, where the Communist Party is set to appoint a new
      AFP; Bloomberg  -  305 words
    • Article
      Lock icon Swap traders scrap bets for monetary easing
      752 16 Inflation concerns may drive policy of next premier Bloomberg [SHANGHAI] Inflation concerns have prompted swap traders to scrap bets that Li Keqiang will ease monetary policy after he is flagged as China’s next premier at a Communist Party congress starting today. The cost
      Bloomberg  -  752 words
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      1639 16 a- WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices SYSMA HOLDINGS LIMITED (Company Registration No. *****7614H) (Incorporated in the Republic of Singapore) Notice Of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM”) of the Shareholders of SYSMA HOLDINGS LIMITED will be held on 23
      1,639 words
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      359 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF COWIN ENTERPRISES PTE LTD Company Registration No. *****5421N (IN MEMBERS’VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 19 Tanglin Road, #09-02 Tanglin Shopping Centre, Singapore *****9 on Thursday,
      359 words
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      Lock icon Page 16 Advertisements Column 3
      69 16 NOTICE This is to inform that Ng Swee Khoon, NRIC No. SXXXX102G is no longer in the employment of C F Sharp Shipping Agencies Pte Ltd. and its subsidiaries companies with effect from August 2012. He is therefore not authorised to transact any business or collect any monies or accounts
      69 words
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  • WORLD
    • Article, Illustration
      Lock icon Women take on men’s club of central bankers
      920 17 Quota system may tackle imbalance but critics say it will undermine women ANALYSIS Reuters [FRANKFURT] When the European Parliament turned Yves Mersch down for a top central banking post, it was not because he lacked the expertise or experience; they rejected him
      Reuters; PHOTO: AFP  -  920 words
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      Lock icon Pearson said to be planning to sell FT
      643 19 Company is focusing on its faster growing education business: sources Bloomberg [LONDON] Pearson plc is planning to explore a sale of the Financial Times newspaper as the company focuses on its faster-grow-ing education business, people with knowledge of the situation said. The
      Bloomberg; PHOTO: AFP  -  643 words
    • Article
      Lock icon China, Japan tussle over disputed islands at Asia-Europe summit
      452 19 Bloomberg [TOKYO] China and Japan challenged each other’s claims to uninhabited islands at a summit of Asian and European leaders, signalling continued tensions between the region’s biggest economies as the debt crisis damps growth. Foreign Minister Yang Jiechi accused Japan of
      Bloomberg  -  452 words
    • Article
      Lock icon Pentagon, Toyota develop rare earth mines
      583 20 Move will challenge China’s monopoly on elements used in many products Bloomberg [NEW YORK] The Pentagon and Toyota Motor Corp are trying to crack China’s global monopoly on mining the most valuable rare earths used in unmanned military drones and electric car motors. The
      Bloomberg  -  583 words
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      Lock icon Post-Sandy pump pain spells profits for traders
      795 20 Waiver lets foreign tankers ship oil between US ports Reuters [NEW YORK] With gas lines still snaking from filling stations in the US Northeast after Hurricane Sandy, nimble oil traders like BP plc may be poised to reap millions in profit by supplying
      Reuters; PHOTO: AFP  -  795 words
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      Lock icon China investors eye minerals in Greenland
      1352 21 Greenlanders uneasy as global warming brings forth new growth opportuities Reuters [NUUK, Greenland] By a remote fjord where icebergs float in silence and hunters stalk reindeer, plans are being drawn up for a huge iron ore mine that would lift Greenland’s population by 4
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    • Article
      Lock icon EU expects growth to pick up in 2014
      690 22 Flat growth of 0.1% next year is forecast to rebound to 1.4% in 2014 Reuters [BRUSSELS] The eurozone economy will barely grow next year but pick up in 2014, the European Commission said yesterday, forecasting slower growth than governments in all the
      Reuters  -  690 words
    • Article
      Lock icon Political pressure mounts on BOJ to tackle deflation
      579 22  -  LDP hints at revising law guarding bank’s independence By ANTHONY ROWLEY in Tokyo PRESSURE continues to mount on the Bank of Japan to be more aggressive in tackling deflation, with head of the opposition Liberal Democratic Party, Shinzo Abe, suggesting yesterday in
      579 words
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      Lock icon Europe job cuts spread to ING, Ericsson
      587 22 Companies in safe haven states forced to adjust in the face of falling demand Reuters [STOCKHOLM] Companies as diverse as telecoms equipment group Ericsson, bank ING and steel group Kloeckner announced big job cuts yesterday as an economic slowdown and uncertainty spread across
      Reuters; PHOTO REUTERS  -  587 words
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      Lock icon EU budget increase ‘ludicrous’: Cameron
      557 22 Reuters [AMMAN] British Prime Minister David Cameron yesterday branded the EU’s proposed budget increase as “ludicrous” in one of his strongest attacks yet, and said that hopes were low for an EU spending deal at a summit this month. The tough rhetoric indicates that Mr
      Reuters  -  557 words
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      70 17 KISS 92m All the great songs in one place t pil(| Canon and Kiss92 want to show you how to have fun creating amazing scrapbooks with your pictures! Tune in to Kiss92 to find out how to be part of our first Kiss&Tell! kiss92.sg Bfacebook.com/k1ss92fm Q@kiss92fm PARTNERS; Canon Delighting You
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      1383 17 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SYSMA HOLDINGS LIMITED (Company Registration No. *****7614H) (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of SYSMA HOLDINGS LIMITED will be held at The Pines, 30 Stevens Road, Singapore *****0 on Friday,
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  • US ELECTIONS 2012
    • Article, Illustration
      Lock icon Obama should hang tough on fiscal cliff: Krugman
      628 18  -  President will face tough time on major new legislation in his second term By LYNN KAN [SINGAPORE] “Hang tough” are Nobel Prize-win-ning economist Paul Krugman’s pearly words of wisdom to re-elected American president Barack Obama when he confronts the January fiscal cliff
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      Lock icon States back pot, gay marriage, reject ban on abortion
      577 18 AFP [LOS ANGELES] US states backed legalising marijuana for recreational use, allowing gay marriage and rejected a call to ban public funding for abortions, in a swathe of state-wide ballots on Tuesday. The generally liberal moves were decided among more than
      AFP; PHOTO: AFP  -  577 words
    • Article, Illustration
      Lock icon Democrat Warren is 1 st woman senator from Massachusetts
      567 18 Bloomberg [NEW YORK] Democrat Elizabeth Warren, whose attacks on Wall Street helped fuel her political ascent, became the first woman elected US senator from Massachusetts by ousting Republican Scott Brown. Mr Brown shocked the political establishment in 2010 when he won
      Bloomberg; PHOTO: REUTERS  -  567 words
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      Lock icon How they fare
      11 18 Results, state by state, as at press time
      11 words
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      Lock icon The new US Congress
      13 18 Election results *pending Florida’s results Sources: AP election research
      Sources: AP election research  -  13 words
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      Lock icon Paul Ryan emerges the loser with a future
      795 18 Reuters [WASHINGTON] Paul Ryan may have taken a punch. But Tuesday night was far from a definitive blow for Mitt Romney’s hard-driv-ing presidential running mate a veteran of Congress who, according to one admirer, is “just getting started”. History hasn’t been kind
      Reuters; PHOTO: AFP  -  795 words
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      62 19 www.itshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE COMING SOON! 7th 10th MARCH 2013 MARINA BAY SANDS SINGAPORE EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX AND WORLD
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      18 19 The Finder Singapore The Essential Expat Magazine FREE DOWNLOAD Available On The App Store NOVEMBER ISSUE OUT NOW!
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      1751 19 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of T T J Holdings Limited will be held at 8 Wilkie Road, #03-08, Wilkie Edge, Singapore *****5 on 30 November 2012 at 2.30 p.m. for the following
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  • Page 20 Advertisements
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      88 20 I’M GETTING RID OF MY GRANDFATHER’S JUNK. antiques I’M LOOKING FOR COLLECTIBLES. GO K m rtil m >- •-4; 1 0 0 > >r 'T 5? ir^ r T > <r .m* I ip .i .i Buy it or sell it. At stdassifieds.sg, whatever you’re looking for isn’t hard to
      88 words
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      83 21 dumbbells n V mountain bike fish tank bike helmet n x v nx antique watch electric guitar football camera books 0 0 0 0 G 0 home theatre system M QO oo At stclassifieds.sg. whatever you’re looking for isn’t hard to find. The STClassifieds App for Android is now available
      83 words
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      214 22 [£AT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TEXACO POWER AND GASIFICATION ASIA PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANYREGISTRATION NO. *****2872R) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the
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      23 22 Ukk A CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm @k1ss92fm
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      25 22 FESTIVE SHINE Several communities are coming together this Festival of Lights season in Singapore Anjali’s big move from stage to screen GET YOUR COPY TOMORROW
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon Indonesia still trailing in port development
      826 23 Jakarta’s US$12b infrastructure plan aims to achieve 9% growth, as in China Bloomberg [JAKARTA] A road winds through plantations from the site of Unilever’s planned US$150 million factory to the coast in western Indonesia ending at a port too small to load the chemicals
      Bloomberg; PHOTO: BLOOMBERG  -  826 words
    • Article, Illustration
      Lock icon Enders to prove that EADS can fly solo
      593 23 Bloomberg [PARIS] A month after European Aeronautic, Defence Space Co (EADS) buried plans to merge with BAE Systems plc, chief executive officer Tom Enders gets a chance to assure investors that he can ride out demand swings in civil aviation alone. Mr
      Bloomberg  -  593 words
    • Article
      Lock icon State-guaranteed M’sian bonds a rating obstacle
      662 23 Bloomberg [KUALA LUMPUR] The Malaysian government’s increase in state-guaranteed bonds this year, including a sale of sukuk on behalf of the country’s loss-making airline, may be an obstacle to a higher debt rating, according to Standard Poor’s. The finance ministry, which has run a
      Bloomberg  -  662 words
    • Article
      Lock icon Sudan’s aviation sector grows despite accidents
      332 23 Reuters [KHARTOUM] Sudan has been hit by a string of aviation accidents in the past several years; the authorities have registered about 10 safety incidents in the last two years, airline experts told a workshop organised by the aviation authority last month. The African
      Reuters  -  332 words
    • Article
      Lock icon TRANSPORT STOCKS
      255 23 SGX '000 Nov 7 S$ +/-Vol CH Offshore 0.53 0.01 1242 Chuan Hup Hldg 0.26 unch 747 Cosco Corp 0.93 0.02 7547 s$ Ezra Hldgs 1.11 0.05 ***** First Ship Lea 0.12 unch 340 Freight Links 0.07 unch 473 Grand Banks unch unch 0 Jaya Hold Ltd 0.55
      255 words
    • Article
      Lock icon The Business Times Shipping Times
      1929 26 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
      1,929 words
  • Page 23 Advertisements
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      18 23 968cases infirstninemonths of2012 Rise incomplaints against furniture companies furniture companies To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      18 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      325 23 CRYPTIC CROSSWORD Across 1 Cavalryman drops round, smart one’s all aflutter (9) 9 Movement provides topic for debate (6) 10 Master of strategy showing diplomacy in charge of Scotsman (9) 11 Drawing second boat (6) 12 Some hated building this house (9) 13 W as success f u l w
      325 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Averting ‘fiscal cliff’ needs bipartisanship
      492 24 EDITORIAL PRESIDENT Barack Obama has won re-election. That may be the good news. The bad news is that now he will be facing a series of policy challenges that would make his long and exhausting re-election campaign feel like like a walk in the park.
      492 words
    • Article, Illustration
      Lock icon A second chance for Obama – will he justify it?
      843 24  - A second chance for Obama will he justify it? THE BOTTOM LINE THOMAS FRIEDMAN NYT IN October 2010, Senator Mitch McConnell, the Republican leader, famously told The National Journal: “The single most important thing we want to achieve is for President Barack Obama to be a one-term president.” And that’s
      NYT  -  843 words
    • Article, Illustration
      Lock icon The unfolding silent revolution inside IMF
      934 24  -  Powerful new voices are ensuring the notion of global governance gets real-life meaning By STEPHAN RICHTER The writer is the publisher of ‘The Globalist’, president of The Globalist Research Center and a former consultant to the IMF THE International Monetary Fund (IMF), at long
      PHOTO: REUTERS  -  934 words
    • Article, Illustration
      Lock icon Tweaking the Companies Act
      1334 25  -  A look at what the changes may imply in areas related to shareholders’ rights, governance and audit, among others By By CHAN SZE YEE, KANG WAI GEAT Chan Sze Yee is head of research and Kang Wai Geat is deputy head of technical standards development and
      PHOTO: FILE PHOTO  -  1,334 words
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      Lock icon Is Japan’s economy set to see a new ‘bubble’?
      865 25  -  ANTHONY ROWLEY Tokyo Correspondent DURING Japan’s bubble-economy period, the Imperial Palace grounds in Tokyo soared in value to equal that of the entire US state of California, bar hostesses in the Japanese capital’s Roppongi district rarely received less than a 10,000
      PHOTO  -  865 words
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  • Page 26 Advertisements
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      35 26 PLACE YOUR AD HERE The Business Times Shippi I CALL JOE WOI> G TIMES 1G AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
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      Lock icon Page 26 Advertisements Column 2
      32 26 Experienced ship maintenance £ndy h ou y r services services wanted, here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES IIIL UUJINLJJ IIIVILJ Shipping Times
      32 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2988 27 Transaction date: Nov 7 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 Company Last Sale Vol Day Last Quote (’000) High Low Buyer Seller 149.5 92.5 AIMSAMPIReit 146.5 +0.5 153 146.5 146
      2,988 words
    • Article
      Lock icon SGX CATALIST
      189 28 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 Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C’vr P/E Smil 12.1
      189 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      8242 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FuncfCI A!** AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond 0.9836/ Asian Smaller Cos'"
      8,242 words
    • Article
      Lock icon GLOBALQUOTE
      189 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 41.5 26 Genting HK US$ US34 unch 635 34 33.5 33.5 34 2238.7 Sale 228 169 TanChongInt HK210 204 218 4.3 3.3 7 4229.2 STOCK PRICES
      189 words
    • Article
      Lock icon SGX ETF
      917 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 128.9 120.4 CIMB APAC Div 100S$D 127.5 127.1 128 105.5 95.8 CIMB APAC Div 100US$ US105.5 103.8 104.7 11.1 1323 1246 CIMBASEAN40 100S$D 1301 1297
      917 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      647 29 Nov 7 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9030.56 9032.32 8924.41 Dec12 8990.00 9050.00 8905.00 8965.00 ***** *****8 Mar13 8975.00 9440.00 8755.00 8950.00 4 2118 MSCI TAIWAN INDEX FUTURES SPOT 260.37 261.88 259.20 Nov12 259.80 262.00 258.10 260.50 ***** *****5 Dec12 259.00
      647 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Nov 6 Index Change Change Change Change Change Change World Preliminary 920.3 0.6 10.9 0.6 4.7 0.7 10.9 EAFE Preliminary 738.8 0.4 8.3 0.4 2.1 0.4 8.1 Europe Preliminary 1123.4 0.6 9.4
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      94 29 As on 6 November 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT DEC2012 1717.60 1683.70 1715.30 INDIA GOLD (E-GOLD) FUT DEC2012 574.55 563.15 571.55 CURRENCY EUR-USD FUT DEC2012 1.2825 1.2768 1.2821 BASE METAL COPPER FUT DEC2012 7706 7670 7732 INDEX IRON ORE (MBIO) IDX
      94 words
    • Article
      Lock icon CHICAGO BOT
      107 29 Nov 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1516.75 1504.25 1525.75 1505.75 Jan 13 1515.50 1503.25 1523.00 1502.50 Mar 13 1491.00 1482.50 1503.25 1482.00 May 13 1465.25 1456.50 1474.00 1458.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 48.68
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Nov 06 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.25 3.19 WTI (Near Mth) 88.4 2.61 Dubai (1-Mth F) 104.65 2.44 Tapis blend 113.17 2.77 Minas 106.95 2.77 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.67 1.56 Jet Kerosene 123.82 1.49 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      24 29 Nov 7 S$ Bid Offer 1-month 1.2206 1.2207 2-months 1.2204 1.2207 3-months 1.2206 1.2207 6-months 1.2201 1.2204 Source: OCBC Source: OCBC
      24 words
    • Article
      Lock icon LONDON METALS
      66 29 Nov 6 Nov 6 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1892.00 1878.75 3 months 1920.00 1906.00 Copper, Grade A(US$/tonne) Cash 7692.75 7642.25 3 months 7700.00 7650.00 Lead(US$/tonne) Cash 2177.50 2136.50 3 months 2165.00 2126.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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    • Article
      Lock icon LIFFE
      80 29 Nov 6 COCOA (£/tonne) Close Prev High/Low Dec 12 1587 1579 1592/1573 Mar 13 1586 1580 1588/1573 May 13 1592 1588 1594/1579 Jul 13 1598 1595 1601/1587 COFFEE(US$/tonne) Close Prev High/Low Nov 12 1903 1927 1922/1900 Jan 13 1919 1952 1948/1914 Mar 13 1937 1969 1963/1932 May 13 1952
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      904 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 466 6.63 18 Cooo) Conv Baker Technology Ltd W*****6 0.1 1 32 320.00 0 Exer Best World Intl Ltd W*****5 0.3 1 30 84 55.00
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 29 Nov 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.035 6.537 0.814 8.114 56.645 100.847 0.840 11.364 3.195 1.262 100.434 42.993 1.278 9.018 0.983 30.554 32.115 0.653 1.047 Canada 0.966 6.317
      470 words
    • Article
      Lock icon SIBOR
      64 29 Nov 7 (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$) 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
      64 words
    • Article
      Lock icon PRECIOUS METALS
      133 29 Nov 7 GOLD(US$/oz) Nov 07 Nov 06 Hong Kong 1735.00 1697.00 Nov 06 Nov 05 London 1692.64 1683.44 1693.86 1684.66 Source: Thomson Reuters CAST BAR Nov 07 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 152 68 5gm 431 338 10gm 770 676
      133 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      82 29 Nov 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 07-Feb-13 0.24 6-Month BS*****V 02-May-13 0.27 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 102.12 5-Year N*****0Z 2.375 01-Apr-17 108.74
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    • Article
      Lock icon PALM OIL
      57 29 Nov 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 12 2300.0 2280.0 2310.0 2300.0 119 2888 Dec 12 2318.0 2325.0 2367.0 2312.0 1724 ***** Jan 13 2371.0 2372.0 2420.0 2364.0 ***** ***** Feb 13 2415.0 2425.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 29 Nov 7 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2776 1.2783 1.0467 1.0472 Canadian dollar 1.2347 1.2353 1.0119 1.0115 Euro 1.5708 1.5710 1.2869 1.2870 NZ dollar 1.0120 1.0131 0.8291 0.8299 Sterling pound 1.9565 1.9573
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Nov 07 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.304 1.242 Can dollar 1.261 1.201 Euro 1.603 1.527 Sterling pound 1.992 1.916 NZ dollar 1.045 0.986 US dollar 1.247 1.188 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      160 29 Nov 7 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.38 0.28 3 months 0.45 0.35 6 months 0.70 0.50 9 months 0.85 0.65 12
      160 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Investors take the Miami Beach plunge
      925 30 They are buying over hotels on or near the waterfront for makeovers to get a share of the tourism boom NYT [NEW YORK] Real estate investors seem to be flocking to Miami Beach, Florida, in hopes of capturing part of the market’s resurgent tourism
      NYT; PHOTO: AP  -  925 words
    • Article
      Lock icon Househunt
      1198 30 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN OCT 10 AND OCT 16, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 12/10/2012 99 958 2052 2142 V On Shenton Apt
      1,198 words
    • Article, Illustration
      Lock icon IPO-bound Archstone in US$1.8b asset deals
      677 31 Apartment giant moving to cut debt from 2007 buyout of Reits by investors Bloomberg [SEATTLE] Archstone Inc, the US apartment landlord being taken public by the estate of Lehman Brothers Holdings Inc, said it sold or plans to sell assets worth US$1.77 billion between
      Bloomberg; PHOTO: BLOOMBERG  -  677 words
    • Article, Illustration
      Lock icon China buys up water resources in Japan
      1406 32 Slump in property prices, lax rules, unfinished registry draw foreigners Bloomberg [TOKYO] Morihiro Oguma’s phone rang every day with calls from brokers representing foreign investors who wanted to buy his Japan Mineral water-bottling business. “In many cases, I was told I could name
      Bloomberg; PHOTO: BLOOMBERG  -  1,406 words
    • Article, Illustration
      Lock icon Sandy leaves behind extra whammy for tenants in NY
      626 33 City has pledged to find homes for both displaced tenants and homeowners NYT [NEW YORK] The city is full of tenants, so many people who have been displaced by Hurricane Sandy are grappling with leases, landlords and questions about whether they
      NYT; PHOTO: REUTERS  -  626 words
    • Article
      Lock icon US housing recovery fragile: economist
      298 33 Bloomberg [WASHINGTON] The US housing recovery is a fragile one and should be spurred by reducing the role of government in the mortgage-finance system, said Robert Shiller, a professor at Yale University and co-creator of the S&P/CaseShiller index of property values. “There are positive signs,
      Bloomberg  -  298 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      156 31 CROWN CENTRE FOR SALE ENTIRE GROUND FLOOR RETAIL SPACE freehold Hwa Chong Junior College /n Coronatio ,5* Shopping O'- pl King's’ d Ara >*> Crown y Serene Centre Coronation Rd Nanyang Primary School oBotanic Gardens St. Margaret s Secondary Scho Extremely rare opportunity to acquire ALL of the ground floor
      156 words
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      425 31 m l!s We have professional referenced tenants waiting to rent your property today! The directors of Benham and Reeves Lettings, central London's largest rental agency, are visiting Singapore for 3 days on November 09,10 11. Come and speak to us for FREE expert advice on your London apartment. At Benham
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      223 32 BERLIN AS INVESTMENT HUB I st BERLIN-GERMANY Real Estate Exhibition Saturday Sunday 10-1 I November 2012, I IAM-7PM Venue: Swiss Club, 36 Swiss Club Rd, S’pore *****0 In one of the most exciting capitals of Europe Starting Price: 148,879 1-2-3 Bedrooms Attractive market already for many Asian investors Safe investments
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      147 33 CHEE HOON AVENUE GCBA FREEHOLD BUNGALOW FOR SALE BY TENDER Land Size: 14,093 sqft (approx)/ Built Up: 9,000 sqft (approx) Modern Distinctive 2-Storey Freehold Bungalow withAttic Spacious 8 bedrooms with En Suite Bathrooms NGHS NJC RGPS DUNEARN RD RD RD BT TIMAH RD PLEASANT SUBJECT SITE Walking distance to CCL
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      62 34 '••V it nr l K M V h» K i PIAGET GOUVERNEUR Piaget Manufacture movement 882P Mechanical self-winding chronograph Flyback, dual time Pink gold, sapphire case-back Alligator strap PiageT www.piaget.com i m PIAGET Boutiques: 01-11 Takashimaya Shopping Centre, Ngee Ann City, 391 Orchard Road. Tel: +65 6732 6831 Bl-35 The
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