The Business Times, 14 November 2012
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2012-11-14
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The Business Times
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Title Section25 2012-11-14 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Wednesday, November 14, 201225 words
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Article, Illustration513 2012-11-14 1 SAMUEL EE - Eight cars have been ordered even before price has been finalised By SAMUEL EE [SINGAPORE] Eight units of the Lamborghini Aventador LP700-4 Roadster have been ordered even before the exact price is finalised, after the latest model from the Italian super sports carmakerPHOTO: LAMBORGHINI - 513 words
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MARKETS DIGEST
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Article67 2012-11-14 1 HST INDEX(Monday) 3,007.57 (-1.99) HST INDEX FUTURES 3,008.00 (-2.00) GSIMSCI 340.56 (+0.64) GSIMSCI FUTURES 340.40 (+0.80) FOREX(Monday‘s close) US$ S$ US$ (S$ per US$) 1.223 (US$/S$ per 1.589 1.944 EURO (US$/S$/€) 1.271 1.554 Foreign currency per US$ S$ YEN 79.40 64.90 RM 3.064 2.505 HK$ 7.751 6.337 BAHT 30.6567 words
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Article48 2012-11-14 1 Tuesday Change KL COMP Closed NIKKEI 225 8,661.05 -15.39 HANG SENG 21,188.65 -241.65 SET INDEX 1,289.07 -5.43 JAKARTA COMP 4,332.08 +13.49 MANILA COMP 5,455.92 -14.78 SEOUL COMP 1,889.70 -11.17 SHENZHEN B 595.62 -2.26 MUMBAI IND 18,618.87 -51.47 12 noon EDT Change DOW 12,884.18 +69.10 NASDAQ 2,904.60 +0.3548 words
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Article17 2012-11-14 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.336 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg17 words
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Article, Illustration789 2012-11-14 1 TEH SHI NING - 59% of firms see poorer prospects in the 6 months till March: survey By TEH SHI NING [SINGAPORE] Business pessimism continues to spread among companies in Singapore although the contagion has slowed. Sentiment worsened even as business activity weakened further in the third quarter, says789 words
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Page 1 Advertisements
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Advertisement118 2012-11-14 1 US ELECTIONS Asian-American voters desert GOP in droves PAGE 20 EXECUTIVE MONEY No-fee fund aims for 12% returns PAGE 30 SALARIES Pay rises holding steady in Asia PAGE 3 COMMENTARY LionGold’s prospects still lacking sparkle PAGE 5 8 *****1 *****4 A high-octane mechanical tribute to the automobile spirit L.U.C Engine118 words
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TOP STORIES
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Article561 2012-11-14 2 Business pessimism deepens as activity weakens in Q3 BUSINESS pessimism continues to spread among companies in Singapore although the contagion has slowed. Sentiment worsened even as business activity weakened further in the third quarter, says the latest Business Times-UniSIM Business Climate Survey. More firms experienced a contraction in561 words
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598 2012-11-14 2 ANTHONY ROWLEY - Eleventh-hour deal averts ‘fiscal cliff’ as govt may run out of money by end-Nov By ANTHONY ROWLEY in Tokyo DRIVEN by political expediency as well as economic necessity, the ruling Democratic Party of Japan and the main opposition Liberal Democratic Party reached an598 words
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Article, Illustration753 2012-11-14 2 ZEINAB YUSUF SIWALLA - By ZEINAB YUSUF SIWALLA [SINGAPORE] The challenging business environment in Japan, coupled with the vast growth potential in Asia, has forced many Japanese firms to be on a lookout for greener pastures as a way to remain economically viable. This hasPHOTO: ARTHUR LEE - 753 words
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310 2012-11-14 2 TEH SHI NING - By TEH SHI NING [SINGAPORE] A fifth of companies here now see Indonesia as the most promising market for them in the next 12 months, making it the most favoured market instead of China, says the latest BT-UniSIM Business Climate survey. Indonesia is now310 words
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Article557 2012-11-14 3 CHUANG PECK MING - In Singapore, they are likely to stay at a median of 4.5% next year: survey By CHUANG PECK MING Source: HRBS [SINGAPORE] Pay increases in Singapore and many other parts of the Asia-Pa-cific region are holding steady, despite a softening economy. They are likelySource: HRBS - 557 words
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Article, Illustration650 2012-11-14 3 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] The world’s largest maker of luggage is continuing to ride the crest of strong global travel and tourism growth. Despite soft economic spots in some parts of the world, Samsonite chairman and CEO Tim Parker is upbeat about his company’s650 words
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Article504 2012-11-14 3 NISHA RAMCHANDANI - Social media also important to its online traffic growth By NISHA RAMCHANDANI [SINGAPORE] TripAdvisor, the site which lets users post no-holds-barred reviews about their travel experiences, is banking on applications (apps) and social media to boost its share of online traffic as travellers increasingly let504 words
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Page 2 Advertisements
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Advertisement34 2012-11-14 2 LGT your private bank in Asia. Integrity. Stability. Performance. Combining traditional private banking with state of the art investment advice. Singapore, Phone +65 64 15 38 00 Hong Kong, Phone +852 2868 0201 www.lgt.com34 words
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Advertisement145 2012-11-14 3 Master the Service Game SINGAPORE WORKFORCE SKILLS QUALIFICATIONS Service excellence is the ultimate power move that delivers the checkmate in a winner-takes-all business landscape. Making service excellence your organisation’s winning proposition will drive profitability and business growth. Benchmarked against international best practices, the Service Excellence Workforce Skills Qualifications (WSQ) training145 words
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Advertisement4346 2012-11-14 4 VOLUNTARY CONDITIONAL CASH OFFER by F&B ASIA VENTURES LTD. (Incorporated in Mauritius) (Company Registration No.:*****4) to acquire all of the issued and paid-up ordinary shares in the capital of Harry’s Holdings Ltd. (Incorporated in the Republic of Singapore) (Company Registration No.: *****7226K) other than those already owned, controlled or agreed4,346 words
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COMPANY NEWS
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Article, Illustration759 2012-11-14 5 ANDREA SOH - HOCK LOCK SIEW By ANDREA SOH NOT all that is gold glitters. Gold miner LionGold Corp, which had announced several acquisitions in the past year, has in recent months backpedalled on a few of its takeover offers. Of the eight takeovers it had proposed sinceFILE PHOTO - 759 words
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252 2012-11-14 5 LYNN KAN - By LYNN KAN UNITED Fiber System has ended its July-September quarter with a loss of US$5.8 million, widening from US$815,000 last year, as a result of sharply lower gross margins. The forestry and pulp company said that gross profit fell to US$915,000 for the252 words
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Article, Illustration185 2012-11-14 5 SEMBCORP Marine this year gave $315,350 to over 1,500 needy students through its School Book Assistance Grant (SchoolBAG). The 12-year-old SchoolBAG programme has helped students buy school supplies and fund enrichment activities with about $2.79 million of grants. Halimah Yacob, Minister of State for Community Development, Youth185 words
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Advertisement128 2012-11-14 5 OPENS TODAY f Jr Fujian commodities expo Singapore -if m m m m m m Asia Expo Singapore m m m m m i 14 -16 November, 2012 SANDS EXPO CONVENTION CENTER, Marina Bay Sands, Singapore SOURCE FROM OVER 300 LEAPING ASIAN SUPPLIERS m :i)ra«uu I I r giftware and128 words
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Advertisement172 2012-11-14 5 SMU Master of Professional Accounting Opens up a world of opportunity School of Accountancy George Lee Director Hotel Royal Group Key Subsidiaries 4 m V W w > Owen Hawkes Forensic Director KPMG, Singapore Anne Chua Head Finance CapitaCommercial Trust OPEN UP A WORLD OF OPPORTUNITY WITH THE SMU MASTER172 words
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SINGAPORE NEWS
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Article, Illustration966 2012-11-14 6 and in homes too, report IAN GOBARDJA, LIM HONG JIE, TEO HSI LYIANG; WONG WEN QIANG - Rigel Technology’s sanitation products can be found in well-known landmarks in Asia and in homes too, report IAN GOBARDJA, LIM HONG JIE, TEO HSI LYIANG and WONG WEN QIANG. reportIAN and in homes too, report IAN GOBARDJA, LIM HONG JIE, TEO HSI LYIANG and WONGPHOTO: ARTHUR LEE - 966 words
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Article, Illustration1114 2012-11-14 6 LIM JING HONG, LOH WEI YANG andONG JIN YANGreport - 2011 was a milestone year with the launch of its own furniture brand Areca, LIM JING HONG, LOH WEI YANG and ONG JIN YANG report YANGreport LIM JING HONG, LOH WEI YANG andONG JIN YANGreport The writers are students ofNUS Business School FOR furniture makerPHOTO: ARTHUR LEE - 1,114 words
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Article, Illustration968 2012-11-14 7 LI CHANG, RAYMOND MOH WEI QUN, WONG ZI YING - Excel, manufacturer and supplier of precasts, says it believes in grasping opportunities during downturns, report LI CHANG, RAYMOND MOH WEI QUNandWONG ZI YING reportLI LI CHANG, RAYMOND MOH WEI QUN, WONG ZI YING The writers are students of NUS Business School OPERATING a business tiedPHOTO: ARTHUR LEE - 968 words
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Advertisement212 2012-11-14 7 NUS Master of Science in Financial Engineering V Maximize your career growth by upgrading your skills and standing out from the crowd The tools of financial engineering are being adapted not only by incorporating the lessons from the crisis, but also by proactively looking at the challenges ahead. The Master212 words
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Advertisement190 2012-11-14 7 a 9 a s m w Cm CHARITY RUN IN THE CBD Promoting organisations with a heart manna bay Friday, 16 November 2012,4.30pm, The Float Marina Bay Catch all the excitement at Bull Charge 2012, as members of Singapore’s financial industry race across the Marina Bayfront for charity! There’s plenty190 words
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MALAYSIA/INDONESIA
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Article, Illustration574 2012-11-14 8 Possible hike of 50% to two million rupiah a month next year Bloomberg [JAKARTA] Indonesia may boost the average minimum wage by as much as 50 per cent next year as labour groups demand higher pay amid economic growth that has exceeded 6Bloomberg; PHOTO: REUTERS - 574 words
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420 2012-11-14 8 Bloomberg [LONDON] Nathaniel Rothschild, the financier at the centre of a dispute with Indonesia’s Bakrie family over a London-listed coal investment, said he’s not bidding for its assets after sending a proposal to the board this month. Bumi was co-founded by Mr Rothschild andBloomberg - 420 words
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286 2012-11-14 8 Reuters [KUALA LUMPUR] Malaysia’s Petronas aims to overcome Canada’s opposition to its US$5.2 billion bid for Progress Energy Resources by adding more independent directors to the board of the gas producer, the Financial Times reported. The newspaper cited the MalaysianReuters - 286 words
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Advertisement308 2012-11-14 8 “THE WORLD AND SINGAPORE IN 2013” PRESENTS OUTLOOK 23 November 2012 8.30am 2pm Grand Mandarin Ballroom (Level 6 Main Tower) Mandarin Orchard Singapore P LITICAL AND ECONOMIC DIRECTI NS FOR 2013 THE GLOBAL OUTLOOK Global growth is slowing at a time of political turmoil and transition in the U.S. and308 words
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Advertisement458 2012-11-14 9 AN ASME-LIANHE ZAOBAO AWARD Singapore Prestige Brand Award 12 Now into its 11 th year, Singapore Prestige Brand Award has grown to be the distinguished accolade that many SMEs view as an integral part of their overall branding strategy. This year’s 49 extraordinary Winners have conquered the game with their458 words
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CHINA'S PARTY CONGRESS
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Article, Illustration729 2012-11-14 10 The American cites the latter’s democratic style Reuters [BEIJING] Incoming Chinese president Xi Jinping has a “democratic style” that will allow him to lay the groundwork for much-needed political and economic reforms, one of only a handful of Americans to join the Chinese CommunistReuters; PHOTO: REUTERS - 729 words
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777 2012-11-14 10 They argue China’s economic star would fade without pro-market reforms Reuters [BEIJING] Reform-minded members of China’s Communist Party hierarchy this week argued for far-reach-ing changes to the country’s financial system in order to help fix broader social problems, such as a divisive gap between richReuters - 777 words
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Advertisement161 2012-11-14 10 4 v. Li a Be dazzled by young singers, dancers and musicians. Catch their dance styles ranging from ballet to hip-hop, classical music with a twist and the hottest hits and K-pop songs. And be captivated by rising homegrown YouTube stars and award-winning young pianists from the region. Proceeds from161 words
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GREATER CHINA/INDIA
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Article, Illustration804 2012-11-14 11 Its advantages include being widely available and easy to ship and burn NYT [RICHMOND, Virginia] Last summer, nearly half of India’s sweltering population suddenly found the electricity shut off. Air-conditioners whirred to a stop. Refrigerators ceased cooling. The culprits were outmoded power generationNYT; PHOTO: REUTERS - 804 words
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383 2012-11-14 11 92b rupees worth of bids received; zero interest for 4 zones Reuters [NEW DELHI] India’s auction of 2G mobile phone airwaves attracted nearly US$1.7 billion worth of bids on Monday but no interest for four zones in a process some carriers haveReuters - 383 words
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Advertisement368 2012-11-14 11 UNIVERSITY I! I i TRAINING Understanding and insight Frederick Chia Kong Yu Real estate professional and lifelong learner Professional growth I Ti Our industry-relevant courses will give you the edge in your professional development SIM University helps working adults like Frederick get ahead professionally. Our diverse and quality courses have368 words
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ECONOMY WATCH
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Article, Illustration688 2012-11-14 12 Drought hits farm output; weakening economy presents challenge to Putin Bloomberg [MOSCOW] Russia’s economy expanded in the third quarter at the slowest pace since it began recovering at the start of 2010 as a drought hurt agricultural output and stuttering globalBloomberg; PHOTO: BLOOMBERG - 688 words
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297 2012-11-14 12 Confidence index slips on signs of slowdown in capital spending Bloomberg [SYDNEY] Australian business confidence deteriorated last month on signs of a slowdown in capital spending as the global economy struggles to accelerate, a private survey showed. The confidence index slipped to minus 1Bloomberg - 297 words
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221 2012-11-14 12 Bloomberg [MADRID] Spain’s underlying inflation accelerated in October, adding to pressure on the government as it considers whether to risk the budget by compensating pensioners for higher living costs. Annual core inflation, which excludes energy and fresh food prices, was 2.5 per cent comparedBloomberg - 221 words
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WORLD
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Article, Illustration806 2012-11-14 13 ‘The Optimizer’ proves its worth, outmatching and outwitting a wellfinanced opposition NYT [NEW YORK] It was called “The Optimizer”, and strategists for President Barack Obama say it is how he beat a better-financed Republican opposition in the advertising war. Culling never-before-usedNYT; PHOTO: AFP - 806 words
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Article, Illustration648 2012-11-14 14 Greece raises 4.06b euros from treasury sale; set to make key debt repayment Reuters AP [BRUSSELS] A clash among Greece’s international lenders over how long to give the stricken country to get its debts down to a sustainable level reignited fears yesterdayReuters; AP; PHOTO: AFP - 648 words
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363 2012-11-14 14 AP [WASHINGTON] The sex scandal that led to CIA director David Petraeus’ resignation widened yesterday, with the top US commander in Afghanistan under investigation for alleged “inappropriate communications” with a woman who received threatening emails from Gen Petraeus’ former lover. Defence Secretary Leon PanettaAP - 363 words
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414 2012-11-14 14 This shows eurozone debt crisis is finally taking its toll Bloomberg [BERLIN] German investor confidence unexpectedly declined in November as the sovereign debt crisis curbs growth in Europe’s largest economy. The ZEW Center for European Economic Research in Mannheim said its index of investorBloomberg - 414 words
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Article, Illustration1357 2012-11-14 15 Govt’s land policies draw increasing scrutiny from international donors Reuters [BROMA VILLAGE, Cambodia] Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty.Reuters; PHOTO: REUTERS - 1,357 words
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Article, Illustration800 2012-11-14 16 The Windows unit head is the latest key executive to leave; analysts surprised by exit Reuters [SEATTLE] The executive most widely tipped to be the next chief executive of Microsoft Corp has left the world’s largest software maker barely two weeks after launching the flagship WindowsReuters; PHOTOS: REUTERS - 800 words
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377 2012-11-14 16 American winner is gif, for graphics interchange format AP [LONDON] Britain’s media are in a meltdown and its government is gaffe-prone, so Oxford Dictionaries has chosen an apt Word of the Year: “omnishambles”. Oxford University Press yesterday crowned the word defined asAP - 377 words
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Article, Illustration802 2012-11-14 18 They see it as an important element of a potential deficit reduction deal NYT [WASHINGTON] With both parties positioning for difficult negotiations to avert a fiscal crisis as Congress returns for its lame-duck session, Democrats are latching on to an idea floated by Mitt RomneyNYT - 802 words
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Article, Illustration911 2012-11-14 18 ANALYSIS Reuters [PARIS] In a cafe near the former site of Paris’s Bastille prison, activists held a meeting last month to decide whether to join unions in protesting against the French government’s belt-tightening measures. Only five people turned up at Cafe Maldoror, a favouredReuters; PHOTO: AP - 911 words
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518 2012-11-14 18 Reuters [WASHINGTON] Major US businesses are plunging into the Washington tax policy debate now that the elections are over and some are in an awkward position after betting heavily on Mitt Romney. The Republican, who lost in last week’s presidential vote, was backedReuters - 518 words
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Article, Illustration1078 2012-11-14 19 Language, politics get in the way of hiring high-calibre foreign talent IHT [TOKYO] There are plenty of major Japanese companies that can offer decent pay, benefits and job security. But when it comes to attracting top young international talent, Japanese employers are aware thatIHT; PHOTO: REUTERS - 1,078 words
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Advertisement294 2012-11-14 13 Brunello ii Montalcino la/iunc til ()riginc Conirollala c Garantiu eliato nolle capline cli Palazzo Altcsi XlioNino SpA. Montalcino- Italia Wine, •v o I I Brunello di Montalcino iina/ionc di Originc Conirollala e (iaranl ibott chato nolle canline di Palazzo Altcsi da Altcsi no SpA. Montalcino Italia ■con, 26 November me294 words
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Advertisement141 2012-11-14 14 st 31 v r* •vAV r— a r STV ■mm '«-r *2^ TS GO I’M SELLING THE GPS BEFORE I SCRAP MY CAR I’M BUYING A GPS BEFORE I GET LOST AGAIN. a "’jn Sfe ifer- I Br^ W-* 1 WSCfr «D A m iJI f^r- 3 i w L141 words
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Advertisement53 2012-11-14 15 V. j v* r p Bungalow UpperjThomson Graceful: 2 Storeys, tranquil living space SplendidfFH 6,346 sq ft Valuation: $7.3M JERRY LUM Snr Marketing Director, MBA, CBS CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg fOn SM-t E K A Estate Agent Licence No L*****82K When You Buy.53 words
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Advertisement377 2012-11-14 17 CONGRATULATIONS to the awardees of 8THCMI INTERNATIONAL MANAGEMENT ACTION AWARD 2012 Five outstanding leaders and managers received the 8th CMI International Management Action Award from the Minister for Health, Mr Gan Kim Yong, at a gala dinner on 9 November 2012. From left to right: Mr Lee Yuen Wai, Vice377 words
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Advertisement1177 2012-11-14 18 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF SINDIA CONSORTIUM PTE LTD (Co. Reg. No. *****1000E) NOTICE OF RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named company, duly convened and1,177 words
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Advertisement108 2012-11-14 18 SsangYong Your Perfect Business Partner •Terms and Conditions Apply THE ALL-NEW actvi f'. The all-new Actyon Sports Double Cab is equipped with the new e-XDI diesel engine with variable geometry turbo technology that delivers class-leading performance of 155bhp with 360Nm of peak torque. Available in 6 speed manual or automatic108 words
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Advertisement18 2012-11-14 19 The Finder Singapore The Essential Expat Magazine FREE DOWNLOAD Available On The App Store NOVEMBER ISSUE OUT NOW!18 words
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Advertisement284 2012-11-14 19 Cash Out m Crisis Warren Buffett is able to compound an annual average of 20% from his investments for 40 years, turning $9,800 to over 40 billion. The great Sir John Templeton, one of the greatest stock picker of all time, outperform and outbeat the market consistently for 5 decades.284 words
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Advertisement2606 2012-11-14 19 >®' [£ATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINESE GLOBAL INVESTORS GROUP LTD. CHINESE GLOBAL INVESTORS GROUP LTD. (Company Registration No. *****0189D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chinese Global Investors Group Ltd. will2,606 words
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EDITORIAL & OPINION
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494 2012-11-14 20 EDITORIAL TENSION between China and Japan clearly rose a notch when the Japanese Defence Minister, Satoshi Morimoto, indicated that Tokyo wants to revise its security alliance with the US on new guidelines on how their armed forces would cooperate if a maritime clash with494 words
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Article, Illustration787 2012-11-14 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IF you doubt there’s an American welfare state, you should read the new study by demographer Nicholas Eberstadt, whose blizzard of numbers demonstrates otherwise. A welfare state transfers income from someThe Washington Post Writers Group - 787 words
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Article, Illustration1112 2012-11-14 20 LEON HADAR - They’re turned off by party’s intolerance towards minorities, gays, women and immigrants LEON HADAR Washington Correspondent YOU think that the Republicans have lost the presidential elections because they couldn’t win the Latino vote? That makes some sense if you take into consideration that thePHOTO: REUTERS - 1,112 words
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Article, Illustration1159 2012-11-14 21 EUSTON QUAH - Obligation to care for existing poor and future generations requires more pragmatic tools to operationalise development By EUSTON QUAH The writer is professor of environmental economics and head of economics at the Nanyang Technological University, Singapore. He is also president of the Economics Society ofPHOTO: REUTERS - 1,159 words
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Article, Illustration902 2012-11-14 21 WILLIAM PESEK - WILLIAM PESEK Bloomberg JAPAN’S leaders just can’t seem to put the 19th century behind them. It may be 2012, and the world surrounding this island nation of 126 million is changing at a blistering pace, but Japanese officialdom seems oddly stuck inBloomberg; PHOTO: AFP - 902 words
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TransportHUB
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957 2012-11-14 22 DAVID HUGHES - Sibcon focuses on distillates and LNG while IBIA sees scrubbers as the way forward for the medium term STRAIT TALK By DAVID HUGHES THE shipping industry seems to have a habit of holding similar events close together in the calendar. Three weeks ago, the Singapore957 words
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390 2012-11-14 22 Reuters [LONDON] Hong Kong will stop allowing 19 ships linked to the Islamic Republic of Iran Shipping Lines (IRISL) from operating under its flag, a government letter showed, in the latest blow to Teheran’s sanc-tions-hit global trade. A letter from theReuters - 390 words
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Article, Illustration490 2012-11-14 22 Its size and location make it an ideal development: exec NYT [THE HAGUE] At a shipyard on a South Korean island called Geoje, an army of welders and metal cutters is beginning to assemble what is by many measures the largestNYT; PHOTO: BLOOMBERG - 490 words
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478 2012-11-14 22 Rise due to stronger demand for oil by Chinese refineries Bloomberg [LONDON] The number of tankers booked this month to haul two million-barrel cargoes of Persian Gulf oil climbed to the highest level in almost a year on stronger demand fromBloomberg - 478 words
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Article257 2012-11-14 22 SGX '000 Nov 12 S$ +/-Vol CH Offshore 0.47 -0.05 523 Chuan Hup Hldg 0.25 unch 201 Cosco Corp 0.90 0.01 2292 s$ Ezra Hldgs 1.08 unch 2437 First Ship Lea 0.13 unch 181 Freight Links 0.06 unch 1769 Grand Banks unch unch 0 Jaya Hold Ltd 0.60257 words
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TRANSPORT HUB: AVIATION
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Article, Illustration481 2012-11-14 23 Move removes issue that is souring trade relations with China, India and the US NYT [BRUSSELS] The European Commission said on Monday that it would seek to delay a plan to charge foreign airlines for greenhouse gas emissions for one year, potentially removingNYT; PHOTO: REUTERS - 481 words
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270 2012-11-14 23 Reuters [ZHUHAI, China] China announced 50 new orders for its new Comac C919 passenger jet at the opening of the country’s main air show yesterday and looked set to assist in the rebirth of one of the most famous names in aviation defunctReuters - 270 words
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TRANSPORT HUB: LAND
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Article, Illustration1069 2012-11-14 24 Korean firm risks losing market share with its ‘quality, not quantity’ focus Reuters [SRIPERUMBUDUR, India] Running around the clock and selling everything it can build, Hyundai Motor’s Indian factory is bursting at the seams. But as demand grows and rivals scale up, the carmaker hasReuters; PHOTO: REUTERS - 1,069 words
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Page 22 Advertisements
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Advertisement78 2012-11-14 22 a m m HEMPASIL X3 Multiple awardwinning fuel-saving technology Guaranteed to save ship-owners money on fuel, HEMPASIL X3 is the world’s most advanced fouling release system. It uses HEMPEL's unique hydrogel technology for unparalleled antifouling capability. Recognised as a major fuel-saving breakthrough for the maritime industry, HEMPASIL X3 is the78 words
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Advertisement38 2012-11-14 22 REITs favoredbyinvestors willcontinuetobe will continue to be favored by investors itfe ,V: m ft* To subscribe, call 6388-3838 or go to sphsubscrlptlon.com.sg Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements ICLA/FEB11/g38 words
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Advertisement17 2012-11-14 23 Wanted. Pre-school chemistry tutor i IIIKW1I STJOBS u iKWil ilil liTMl Si ilil U*1 Hi IIBI iLVilllimiKIBIlIVillllKlil17 words
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Page 23 Miscellaneous
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Miscellaneous348 2012-11-14 23 CRYPTIC CROSSWORD Across 1 A victory with two characters finally released from court (6) 5 Gong given to performer who tried to bring reform? (8) 9 Party activity shows such racialism unfortunately (7,6) 10 Sort of footballer put off when goal goes in? (8) 11 Name given to complete crackpot348 words
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FINANCE & COMMODITIES
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Article575 2012-11-14 25 Nov 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8710.52 8723.46 8619.45 Dec12 8710.00 8730.00 8620.00 8660.00 ***** *****6 Mar13 8665.00 8665.00 8615.00 8645.00 28 2142 MSCI TAIWAN INDEX FUTURES SPOT 261.07 261.07 256.00 Nov12 259.90 260.80 254.50 254.90 ***** *****1 Dec12 259.00575 words
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373 2012-11-14 25 In local curr In S$ In US$ dy yr dy yr dy yr Nov 12 Index Change Change Change Change Change Change World Preliminary 894.6 -0.2 7.8 -0.2 1.6 -0.2 7.7 EAFE Preliminary 724.3 -0.3 6.2 -0.4 -0.2 -0.3 5.7 Europe Preliminary 1102.4 -0.1 7.4373 words
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Article, Illustration94 2012-11-14 25 As on 12 November 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT DEC2012 1737.90 1725.50 1731.00 INDIA GOLD (E-GOLD) FUT DEC2012 578.85 576.45 576.70 CURRENCY EUR-USD FUT DEC2012 1.2742 1.2702 1.2717 BASE METAL COPPER FUT DEC2012 7640 7574 7647 INDEX IRON ORE (MBIO) IDX94 words
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Article107 2012-11-14 25 Nov 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1411.00 1452.00 1452.25 1406.00 Jan 13 1405.00 1451.25 1448.75 1402.00 Mar 13 1388.00 1436.50 1435.00 1386.00 May 13 1375.50 1419.25 1416.50 1369.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 47.39107 words
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Article70 2012-11-14 25 CRUDE OIL PRODUCTS Nov 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.87 1.62 WTI (Near Mth) 85.66 -0.41 Dubai (1-Mth F) 105.2 1.61 Tapis blend 114.46 2.39 Minas 108.04 2.19 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.33 2.33 Jet Kerosene 124.7 1.7 US$/barrel OpecOil Basket70 words
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Article22 2012-11-14 25 Nov 12 S$ Bid Offer 1-month 1.2228 1.2236 2-months 1.2228 1.2236 3-months 1.2228 1.2236 6-months 1.2225 1.2234 Source: OCBC22 words
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Article67 2012-11-14 25 METALS Nov 12 Nov 12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1951.00 1901.50 3 months 1968.00 1921.00 Copper, Grade A(US$/tonne) Cash 7635.00 7568.00 3 months 7638.00 7570.00 Lead(US$/tonne) Cash 2177.00 2177.50 3 months 2156.50 2149.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.0067 words
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Article78 2012-11-14 25 Nov 12 COCOA (£/tonne) Close Prev High/Low Dec 12 1545 1540 1548/1526 Mar 13 1545 1538 1549/1523 May 13 1550 1544 1552/1528 Jul 13 1557 1552 1560/1540 COFFEE(US$/tonne) Close Prev High/Low Nov 12 1951 1944 1949/1944 Jan 13 1979 1976 1987/1971 Mar 13 1995 1993 2001/1989 May 13 201178 words
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887 2012-11-14 25 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 1 146 408 7.37 18 Conv Ratio Baker Technology Ltd W*****6 0.1 1 32 2 315.00 0 Price Best World Intl Ltd W*****5 0.3 1 30 84887 words
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Article470 2012-11-14 25 Nov 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.041 6.486 0.819 8.071 57.321 100.340 0.827 11.335 3.190 1.276 99.887 42.764 1.274 9.071 0.988 30.208 31.909 0.655 1.041 Canada 0.961 6.233470 words
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Article58 2012-11-14 25 Nov 12 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates (S$) 158 words
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Article135 2012-11-14 25 Nov 13 GOLD(US$/oz) Nov 13 Nov 12 Hong Kong 1733.00 1742.20 Nov 12 Nov 09 London 1731.30 1731.11 1732.05 1731.88 Source: Thomson Reuters CAST BAR Nov 12 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 153 68 5gm 435 341 10gm 778 683135 words
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Article87 2012-11-14 25 Nov 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 14-Feb-13 0.24 6-Month BS*****A 16-May-13 0.26 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-14 102.11 5-Year N*****0Z 2.375 01-Apr-17 108.7587 words
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Article57 2012-11-14 25 Nov 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 12 2200.0 2249.0 2240.0 2200.0 26 2012 Dec 12 2194.0 2314.0 2294.0 2190.0 1743 ***** Jan 13 2228.0 2316.0 2330.0 2220.0 ***** ***** Feb 13 2275.0 2353.057 words
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Article156 2012-11-14 25 Nov 12 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2729 1.2744 1.0410 1.0415 Canadian dollar 1.2232 1.2247 1.0009 1.0003 Euro 1.5537 1.5551 1.2706 1.2709 NZ dollar 0.9973 0.9992 0.8156 0.8166 Sterling pound 1.9430 1.9447156 words
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Article154 2012-11-14 25 Nov 12 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.45 0.25 3 months 0.50 0.30 6 months 0.65 0.45 9 months 0.80 0.60 12154 words
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Article121 2012-11-14 25 As at 9am Nov 12 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.302 1.24 Can dollar 1.252 1.193 Euro 1.593 1.518 Sterling pound 1.983 1.907 NZ dollar 1.03 0.972 US dollar 1.248 1.189 Local dollars to 100 units of foreign121 words
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3470 2012-11-14 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 Destination3,470 words
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Advertisement286 2012-11-14 28 The Tools The Trades The TrusT Since 1997 GFT Markets have been providing traders with the best possible trading tools, the best possible value, the best possible service and above all, integrity in everything we do. We offer CFDs and FX with powerful execution and competitive spreads. Talk to one286 words
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Advertisement276 2012-11-14 29 ALL BOXES TICKED G WALL STREET -0.1% npt. 72 7* 71 m 53, own. 31. O'M 11 11 bum 42 :K 44 o«w I I U.S. stock future* rise. tocu* on data U.S stock futures pointed to a mghti opening on WM Seeet on Tuesday, fracking g»s STOCK S-Bemank* lift*276 words
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Article, Illustration1505 2012-11-14 30 reportsTEH HOOI LING - Aggregate Value Fund is for investors who have yet to qualify as private banking customers, reports TEH HOOI LING reportsTEH reportsTEH HOOI LING “Warren Buffett advocates the focus approach,” says Mr Kong. “But we find that when you bring your holding up to 5,PHOTO: ARTHUR LEE - 1,505 words
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Article, Illustration951 2012-11-14 29 STEFAN HOFER - Being flexible through active management of portfolio risk is prudent, saysSTEFAN STEFAN HOFER The writer is emerging market strategist at Bank Julius Baer Co Ltd and author of ‘Julius Baer Wealth Report’ PUNDITS love nothing more than to declare that “this time is different” when951 words
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Article, Illustration943 2012-11-14 28 Financial advisers soothe distraught clients’ fears over their investment assets as President Obama wins second term Reuters IT was a tough week to be a financial adviser to rich Republicans. Plenty of the wealthy fear President Barack Obama’s election victory will lead to another fourReuters; PHOTO: AFP - 943 words
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419 2012-11-14 28 Reuters [LONDON] The steep sell-off in Greek assets is tempting some investors including hedge funds to wager the crisis-hit country’s bond and stock markets offer a bargain. Dromeus Capital, which specialises in emerging markets, has launched a fund to bet on the countryReuters - 419 words
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