The Business Times, 23 May 2013

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

Total Pages: 40
1 40 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, May 23, 2013
    25 words
  • 1085 1  -  Rise in proportion of single-mortgage applicants after January measures By KALPANA RASHIWALA [SINGAPORE] The proportion of private housing loan applicants without any outstanding mortgages continued to rise in the first quarter of this year, according to latest figures from Credit Bureau (Singapore). This suggests
    1,085 words
  • MARKETS DIGEST
    • 65 1 GST INDEX 3,454.37 (+10.47) GST INDEX FUTURES 3,454.00 (+10.00) GSIMSCI 389.54 (+1.40) GSIMSCI FUTURES 389.10 (+0.80) US$ S$ US$ (S$ per US$) 1.259 (US$/S$ per 1.514 1.906 EURO (US$/S$/€ 1.294 1.629 Foreign currency per US$ S$ YEN 102.90 81.70 RM 3.019 2.398 HK$ 7.761 6.164 BAHT 29.77 23.65 RUPIAH
      65 words
    • 48 1 Wednesday Change KL COMP 1,783.88 -3.50 NIKKEI 225 15,627.26 +246.24 HANG SENG 23,261.08 -105.29 SET INDEX 1,631.27 -12.16 JAKARTA COMP 5,208.00 +19.24 MANILA COMP 7,385.07 +57.49 SEOUL COMP 1,993.83 +12.74 SHENZHEN B 869.76 -0.24 MUMBAI IND 20,062.24 -49.37 12noon EDT Change DOW 15,495.36 +107.78 NASDAQ 3,521.49 +19.37
      48 words
    • 21 1 SINGAPORE 5.38 HONG KONG 6.55 HONG KONG 5.00 JAPAN 13.169 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 BRITAIN Source: Bloomberg
      21 words
  • 797 1  -  Bank hopes central bank talks will clear way for takeover of Danamon By SIOW LI SEN [SINGAPORE] DBS Group Holdings may not settle for the minority stake it has been offered in Indonesia’s Bank Danamon. It hopes that talks between the central
    PHOTO: BLOOMBERG  -  797 words
  • Page 1 Advertisements
    • 81 1 FREE TRADE PACT PM Lee pushes for bolder review of Japan-S’pore FTA PAGE 4 OPINION Yen’s fall aids its role as regional currency PAGE 31 COEs Luxury car premium outpaces Cat A PAGE 4 COMPANIES Temasek in two deals worth US$700m PAGE 6 8 *****1 *****4 BORN FROM LOVE BORN
      81 words

  • TOP STORIES
    • 1018 2  -  Todds say they will now turn to court of public opinion, set to leave for US SHANE TODD INQUIRY By NISHA RAMCHANDANI [SINGAPORE] Foreign Affairs and Law Minister K Shanmugam yesterday expressed his regret that the Todd family have chosen to walk out of the
      PHOTO: SEAH KWANG PENG/THE STRAITS TIMES  -  1,018 words
    • 446 2 Measures cool ardour for multiple properties THE proportion of private housing loan applicants without any outstanding mortgages continued to rise in the first quarter of this year. Analysts say this suggests that the January cooling package, with measures that discouraged multiple property ownership, is starting to bite. FRONT
      446 words
    • 800 2  -  Shareholders vote to let JPM CEO hold on to chairmanship By ROB CURRAN JPMorgan Chase chief executive Jamie Dimon held onto the chairman’s seat, outmanoeuvring dissident shareholders of the largest US bank by assets by winning a shareholder vote Tuesday. It’s a
      800 words
    • 476 2  -  Domestic sources account for 63% of RM49.3b total; services sector take up 45% By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S economic growth in gross domestic product terms may have slipped in the first quarter to 4.1 per cent from 6.5 per cent in the
      476 words
    • 64 2 IN “Goldman Sachs buys a 6.7 per cent stake in Keppel Reit” (BT, May 22), we wrongly reported that Goldman was the buyer of the Keppel Reit units sold by Keppel Real Estate Investment, when it was actually the placement agent for the sale. All references to Goldman as
      64 words
    • 658 2  -  US bank runs out of S’pore legal options after appeal denied By GRACE LEONG [SINGAPORE] The highest court in the land has cleared the way for Hong Leong Finance to proceed with a lawsuit in New York to claw back from Morgan
      658 words
    • 739 4  -  Tokyo’s move to join TPP a good sign of its readiness to be more involved in region, he says By CHUANG PECK MING in Tokyo PRIME Minister Lee Hsien Loong yesterday pushed for a bolder review of the Japan-Singapore free trade
      PHOTO: LIM SIN THAI/ THE STRAITS TIMES  -  739 words
    • 842 4  -  CITY HARVEST CASE By MICHELLE QUAH [SINGAPORE] City Harvest Church (CHC) member and director of Xtron Productions, Koh Siow Ngea, sang a very different tune yesterday when he was cross-ex-amined by the defence for the six accused in the trial.
      842 words
    • 327 4  -  More buyers expected in near future with possible changes to luxury car COEs By ANDREA SOH [SINGAPORE] Certificate of entitlement (COE) premiums for large cars rose higher than those for smaller cars in the bidding exercise yesterday, as news of possible changes in the
      327 words
  • Page 2 Advertisements
    • 210 2 B 4-To-Go (HSBC Exclusive) m fr$394* 3-NIGHT BEST OF MALAYSIA CRUISE MARINER OF THE SEAS Departures: Jun 1, Nov 15,22,29, Dec 6,13,20, 2014 Jan 20, Feb 12&27 Port-of-call: Kuala Lumpur (Port Klang) 4/5-NIGHT ISLES OF SOUTHEAST ASIA CRUISE MARINER OF THE SEAS Departures: Jun 4, Nov 10 A 18,25, Dec
      210 words

  • Page 3 Advertisements
    • 249 3 FERRR DRIVEN BY INSPIRATION. DESIGNED FOR LIFE Sculpted by Pininfarina, the Italian masters behind the world’s most iconic supercars, Ferra is the epitome of exquisite taste and craftsmanship. r A stunning 22-storey bespoke masterpiece, it is a spectacle at every turn—from its futuristic, fluid landscaping to showroom-style parking spaces—complemented only
      249 words

  • Page 4 Advertisements
    • 78 4 1 Q m 30 DAYS ADVANgE BOOKING no.refjund H 7 r*- 1 Fly from SINGAPORE SUBANC SINGAPORE KUANTAN SINGAPORE IPOH SINGAPORE KOTA BHARU SUBANC SINGAPORE KUANTAN SINGAPORE KOTA BHARU SINGAPORE IPOH SINGAPORE ALL-IN FARE, one way SCD42 SGD42 SGD42 SCD42 RM99 RM99 RM99 RM99 )®®p®®® Q0£» IfeXr 1 All-in price
      78 words

  • Page 5 Advertisements
    • 114 5 New Touareg Edition X. /n n .> touareg SI 3 The special 10th anniversary, Touareg Edition X, offers authentic off-road heritage in the form of a luxury SUV. Stylish new features include a special midnight blue exterior, an exclusive amber brown Nappa leather interior, 19-inch wheels and an impressive panoramic
      114 words

  • COMPANY NEWS
    • 890 6  -  It buys Markit stake for a reported US$500m, ups ICBC stake for US$198m By ANGELA TAN IT has been a busy week for Singapore investment company Temasek Holdings. So far, it has spent about US$700 million on two purchases one in London and the
      PHOTO: BLOOMBERG  -  890 words
    • 361 6  -  ft® REUTERS BREAKINGVIEWS By RICHARD BEALES TEMASEK’S roughly US$500 million investment in Markit looks timed just so. Financial “Big Data” and the potential in the Asian market aren’t necessarily new themes. But with Bloomberg on the defensive, it’s a good moment to suggest there’s potential for another competitor
      361 words
    • 245 6 DBS Bank has been ranked the most valuable brand in Singapore for the first time, coming ahead of Singapore Airlines, in Brand Finance’s annual “Top 100 Singapore Brands” league table. The bank moved up two places from its No 3 position in 2012,
      245 words
    • 528 9  -  115 million new shares to be offered; 20-30% could be for public tranche By ONG CHOR HAO REAL estate developer TEE Land may be able to raise at least $57.5 million from its initial public offering (IPO). The company said yesterday that
      528 words
    • 420 9  -  Group ends FY2013 with a smaller profit after dismal H1 By LYNN KAN CATALIST-listed Jason Marine Group overcame losses of $1.92 million in its first six months of fiscal 2013 with a net profit attributable to shareholders of $517,000 for the full year
      420 words
    • 350 9 Bloomberg Bloomberg SALES of gold from ex-change-traded products in 2013 have surpassed combined inflows over the past two years, with investors cutting holdings at a record pace as the metal tumbled into a bear market on reduced haven demand.
      Bloomberg Bloomberg; PHOTO: REUTERS  -  350 words
    • 142 9 GLOBAL Yellow Pages is raising $7.6 million from a 99.9 million-share placement to two investors. The shares are to be issued at 7.61 cents each, a 10 per cent discount to the last done price of 8.5 cents on Tuesday before the
      142 words
    • 297 10  -  Each cog in entire financial reporting machinery has a vital role to play By LYNN KAN THE duty of ensuring highquality financial information should not be borne solely by auditors, emphasised Singapore’s regulator of businesses and public accountants. Kenneth Yap, chief executive of the
      297 words
    • 240 10  -  By VEN SREENIVASAN SENIOR executives of 25 broking firms, companies listed on the Singapore Exchange (SGX) and business partners took part in SGX’s debut charity golf tournament yesterday to raise funds for four charities. The tournament, held under the auspices of Bull Charge 2013, SGX’s
      240 words
    • 355 10  -  By VEN SREENIVASAN SHARES in Healthway Medical Corporation were actively traded yesterday as the medical services provider sought shareholder approval for a further in-spe-cie distribution of stock in an associate company that is eyeing a listing. Healthway said in an af-ter-market announcement
      Source: Bloomberg  -  355 words
    • 405 10  -  It plans to pay $936.2m for all Hua Cheng shares By ONG CHOR HAO CATALIST-listed Cedar Strategic Holdings is acquiring a company in Guizhou, China, through a reverse takeover deal in its bid to become a regional real estate player. It said
      405 words
  • Page 6 Advertisements
    • 370 6 SINGAPORE BUSINESS FEDERATION Apex Business Chamber NUS National University of Singapore NUS BUSINESS SCHOOL Eligible for PIC 4 Scheme r SBF-NUS Executive Leadership Programme Fundamentals of the Triple Bottom Line in Sustainability and Innovation: Assessment, Engagement, Implementation and Tracking. Dotes: 20, 21, 22, 28 and 29 June 2013 Now more
      370 words
    • 88 6 stfi H SINGAPORE PRESS HOLDINGS f asta one v y Catch up with the Latest Business News with AsiaOne smartphone app us^ra la edds most \obs in Ifelala'mosua years S40 million to enoourage| family environment BUSINESS Pay attention to pilj health; UN urges Malaysians amol top workaholics SINGAPORE isemenl •liiSli
      88 words

  • Page 7 Advertisements
    • 108 7 HITACHI Inspire the Next n WHY CAN'T WE PUT ENERGY TO SLEEP AT NIGHT?" At Hitachi, we're inspired by challenging questions. That's why we've taken a different approach to help cities face the growing demand for energy. We're committed to finding integrated solutions that not only optimise consumption but contribute
      108 words

  • SINGAPORE MARKETS
    • 595 8  -  ST Index increases 10.5 points amid mixed sentiment in regional markets STOCKS KENNETH LIM Correspondent THAI Beverage Public Co (ThaiBev) and New Wave Holdings headlined a broad, pennydriven rebound for Singapore stocks yesterday. The Straits Times Index edged up 0.3 per cent, or 10.47 points,
      Source: Bloomberg  -  595 words
    • 4 8 DAILY
      4 words
    • 73 8 May 22 VALUE CLOSE BT OB/OS 303.00 +37.00 BT CADI -*****.00 +161.00 BT 10-day MA -*****.00 +30.00 FTSE ST Mid Cap 848.71 +1.75 FTSE ST Small Cap 608.89 +6.02 FTSE ST All Share 850.82 +2.84 FTSE ST China Top 218.77 +1.52 FTSE ST China 249.76 +1.59 FTSE
      73 words
    • 55 8 VOLUME New Wave 289,448,000 Ntegrator 248,324,000 Healthway 139,238,000 Innopac 126,437,000 IPCO Intl 109,992,000 WE Hldgs 109,720,000 KLW Hldgs 108,930,000 Thai Beverage 105,217,000 Contel 103,418,000 Magnus 101,643,000 VALUE($) SingTel 77,655,690 DBS Grp 74,197,180 Thai Beverage 73,414,580 Keppel Corp 57,536,387 GLP 48,631,296 CapitaLand 40,449,530 UOB 40,333,042 Olam 40,117,965 Noble
      55 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 5 1 0 0 0 10 5 1 Manufacturing 77 39 39 12 6 6 89 45 45 Commerce 38 17 12 11 1 4 49 18 16 Tpt/Stor/Comms 21 12 9
      186 words
    • BROKERS’ TAKE
      • 344 8 May 22 close: $17.28 OSK Research, May 21 BANK Indonesia’s (BI) governor, Darmin Nasution, was quoted saying that BI has cleared the way for DBS to acquire a 40 per cent stake in Danamon, which could rise further if reciprocity conditions are met. In response to the
        Source: Bloomberg  -  344 words
      • 311 8  -  Compiled by LYNN KAN May 22 close: $1.90 CIMB Research, May 21 FIRST Resources’ Q1 2013 results cement our conviction of its superior operating efficiency over peers. Its young estates offer strong fresh-fruit-bunches (FFB) prospects, partially mitigating lower crude palm oil (CPO) prices. Low production costs render it
        Source: Bloomberg  -  311 words
      • 135 8 EPS earnings per share Ebit earnings before interest tax Ebitda earnings before interest, tax, depreciation amortisation FY fiscal/financial year H1, H2 first or second half NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter q-o-q quarter-on-quarter
        135 words
    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 100,536 100,536 115,080 115,080 Manufacturing 577,752 345,112 922,864 263,858 17,629 281,487 Commerce 243,865 202,135 446,000 148,828 19,661 168,489 Tpt/Stor/Comms 125,189 13,070 138,259 180,422 5,297 185,719 Finance 168,995 1,556 170,551 190,958 977 191,935 Construction 223,499 94,892
      123 words
    • 112 8 Stock name Close Change CapMallsAsia 2.040 +0.010 CapitaLand 3.760 +0.040 CapitaMall 2.300 -0.040 CityDev 11.05 -0.100 ComfortDelGro 2.180 -0.010 DBS Grp 17.28 -0.070 GLP 2.950 Genting SP 1.505 +0.015 Golden Agri 0.570 HK Land 7.260 HPH Trust US$ 0.825 JMH 66.04 -1.150 JSH 40.43 +0.040 Jardine
      112 words
    • 503 8 CURRENCIES Bloomberg [LONDON] The yen yesterday fell to the weakest level in three years against the euro after Bank of Japan (BOJ) policymakers affirmed a plan to double the monetary base over two years and their statement showed no concern with rising bond
      Bloomberg; PHOTO: BLOOMBERG  -  503 words
    • 112 8 BY CENTS CLOSE UP Jardine C&C 4805 200.0 4.3 DBXT MSKorea 10US$ 5837 90.6 1.2 GLD 10US$ ***** 88.1 0.5 DBXT MSJAP 10US$ 4759 71.7 1.2 DBXT MSMSIA 10US$ 1584 37.8 1.9 DBXT MSTHAI 10US$ 2396 25.2 0.8 Great Eastern 1918 15.0 0.8 HSR 500 35 13.0 59.1 Keppel
      112 words
    • 126 8 BY CENTS CLOSE DOWN JMH 6604 -144.7 -1.7 DBXT FTChina25 10US$ 2887 -31.5 -0.9 Lyxor MS India 10US$ 1437 -30.2 -1.6 Hyflux 6% CPS 10 ***** -30.0 -0.3 STXPO 100 367 -30.0 -7.6 UOB 2182 -18.0 -0.8 IS MS India 100US$ 638 -15.1 -1.8 Lyxor China H 10US$ 1445
      126 words
    • 5 8 DAILY
      5 words

  • Page 9 Advertisements
    • 62 9 MS inn Only 19 fabulous bungalows for the discerning few Artist's impression PEARL ISLAND Sentosa Cove, Singapore Sentosa Cove The world's most desirable address. Exclusive oceanfront international residential community. Long-Term Social Visit Pass Scheme* Subject to government approval Pearl Island 4 levels of exquisite living spaces. Foreign individuals may be
      62 words
    • 228 9 www.livemint.com mintasia Weekly Analysis of the Indian Economy and Markets Standard C? Chartered JS presents INDIA DIALOGUES powered by: malaysia INDIAN ECONOMY: IS THE WORST BEHIND US? U K Sinha, Chairman, SEBI; K V Kamath, Non-Executive Chairman, ICICI Bank Infosys Ltd.; Diwakar Gupta, Managing Director, SBI, in conversation with Tamal
      228 words

  • Page 10 Advertisements
    • 251 10 r-: Jl iL I r SB m Bnl JfflPi I 1 m r-i K > BEYOND YOUR DREAMS WITHIN YOUR REACH Turn your urban escape into a tropical escapade, as you come home to a novel and refreshing lifestyle concept. The Seed features a modern design with large en-suite bedrooms
      251 words
    • 112 10 U always! like us on D facebook/ufmlOOS follow us on twitter@ufml003 www.uf m lOOS.sg UFM 100.5 c-iS fff o U SHINE Take a step back. Reflect on life. As we get caught up in the hustle and bustle of daily life, let's pause and be thankful for all that we
      112 words

  • SINGAPORE NEWS
    • 872 11  -  SMEs at seminar share how efficiency drive brought in substantial rewards By FELDA CHAY THE results of the government’s productivity drive has been mixed so far, with some companies already making changes to raise efficiency standards but also others that continue to rely on
      PHOTO: ARTHUR LEE  -  872 words
    • 475 12  -  84% plan to make their tax affairs more transparent over next one year By MINDY TAN SINGAPORE businesses want more tax guidance as they seek to make their tax affairs more transparent to investors and stakeholders, a survey has found. Some
      475 words
    • 459 12  -  37% of brand award winners in Asia are from Singapore By GRACE NG LOCAL brands seem to have become more trusted by Singaporeans, judging by their showing at the Reader’s Digest Trusted Brand (RDTB) 2013 Awards. Thirty-seven per cent of the RDTB award winners
      459 words
    • 288 12  -  By AMANDA TAN WITH some 400 million cups of Milo and Nescafe consumed in Singapore alone every year, Nestle has decided to expand its research facility here to allow a greater focus on its fast-est-growing markets of the Asia-Pacific region. On the back of this large
      288 words
    • 249 12  -  By NG SAI YING THE Institute of Bioengineering and Nanotechnology (IBN), a research body under A*Star, has teamed up with a Japanese medical technology company to set up a research centre here. Arkray will invest $9.1 million in the centre
      249 words
    • 338 12  -  By MARIA MALA YOGALINGAM THE Air Transport Training College (ATTC) has been appointed as a National Continuing Education and Training (CET) Institute, or NCI, by the Workforce Development Agency. ATTC’s elevation to NCI status, for a three-year period ending December 2015, marks the first
      338 words
  • Page 11 Advertisements

  • Page 12 Advertisements
    • 602 12 NutritionPark.com Longest Warranty! Lowest Prices! ULTIMATE NUTRITION PROSTAR WHEY PLATINUM SERIES (5LBS) UoT! ULTIMATE NUIKIIKJN WHEY SUPREME (5LBS) bb ISO SENSATION 93 (5LBS) Pit UP $230 $105 CONTROLLED UBS GREEN MAGNITUDE A UP $178.50 ~sr $58 Patented formula to improve strength, stamina, performance and muscle mass. PURPLEWRAATH JI^(2.39LBS) $220 |9$89.9o
      602 words
    • 127 12 K' 3 m Shi Qing (Zhao Yanli) Suojin More than one hundred pieces of beautiful works by wellknown artists will be on display. All bottles are fine works of art collected by local collectors.The event will feature prominently the works of two artists Shi Qing(Zhao Yanli) and Suojin. Both artists
      127 words
    • 12 12 WWW my sg CD 7W 5 &n±.mn*s&7 iffas yzone.omy.sg SS f.> J
      12 words
    • 365 12 )4S [«Ara NOTICES Mencast PARTNER PERFECT Mencast Holdings Ltd. (Incorporated in the Republic of Singapore on 30 January 2008) (Company Registration No. *****2235C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Mencast Holdings Ltd. (the “Company”) will be held at 42E Penjuru Road,
      365 words

  • MALAYSIA/INDONESIA
    • 393 13 Purchase would give XL Axiata the frequencies it needs to expand Bloomberg [HONG KONG] Axiata Group Bhd, Malaysia’s largest mobile-phone operator, is evaluating a bid for PT Axis Telekom Indonesia, three people with knowledge of the matter said yesterday. Any offer for Axis
      Bloomberg  -  393 words
    • 567 13 AP [TIMIKA, Indonesia] Rescuers yesterday recovered the last of 28 miners killed last week when an underground room of a giant Indonesian gold and copper mine collapsed, the operator of the US-owned facility said. Thirty-eight workers were undergoing safety training inside
      AP; PHOTO: AFP  -  567 words
    • 451 13 Bloomberg [KUALA LUMPUR] CIMB Group Holdings Bhd, Malaysia’s second-largest bank by assets, has reported a 37 per cent jump in first-quar-ter profit that was boosted by the sale of its stake in an insurance joint venture. Net income surged to
      Bloomberg  -  451 words
    • 419 13 [PETALING JAYA] The Employees Provident Fund (EPF), Malaysia’s pension fund, invested US$1.3 billion more overseas in global real estate, bonds and equities for the first quarter ended March 31 as part of its diversification strategy to expand its investments abroad, The
      419 words
  • Page 13 Advertisements
    • 388 13 Accountancy Convention 2013 The Singapore Chartered Accountant: A Beacon of the Asian Economy K Institute of Certified Public Accountants of Singapore Accountability Professionalism Trust Join the Institute of Certified Public Accountants of Singapore (ICPAS) at the Singapore Accountancy Convention 2013, as ICPAS celebrates 50 Years of Accountability, Professionalism Trust. Pre-Convention
      388 words

  • GREATER CHINA
    • 1099 14 EU proposal directed at China makers but would raise prices for all manufacturers Bloomberg [LONDON] The European Union is poised to penalise imports of Chinese solar products, a move that would increase Europe’s cost for most photovoltaic panels by an estimated
      Bloomberg  -  1,099 words
    • 488 14 Imports may still be lower this year after safety scare Bloomberg [BEIJING] A recovery in pork prices after a safety scare in China, the world’s biggest meat consumer, may help revive flagging imports and boost profits for producers in the US,
      Bloomberg; PHOTO: REUTERS  -  488 words
  • Page 14 Advertisements
    • 485 14 Transform Yourself To Be An Influential Successful Leader Who should attend: Senior and Middle Management, General Management, Supervisors, Marketing PR Consultants, and Sales and Business Development Personnel Productivity and Innovation Credit (Pi g Claimable 2013 MAY SERIES FULL-DAY WORKSHOPS SPH News Centre (9.30am to 6.00pm) FULL-DAY SEMINAR SPH News Centre
      485 words

  • INDIA
    • 410 15 Brokers face heavy fines, suspension under new rules for algo trading system Bloomberg [NEW DELHI] India’s market regulator revised guidelines for computer-based trading, providing for temporary suspension of brokers and higher fines to check manipulation. The new rules mandate audits every six months for
      Bloomberg  -  410 words
    • 556 15 Bloomberg [NEW DELHI] Urban India has lost faith in Prime Minister Manmohan Singh and his ruling alliance, with less than a third of people preferring them over rivals, according to an opinion poll as the government enters its final year in office.
      Bloomberg  -  556 words
    • 589 15 Farmers hold on to harvest; price rally turns buyers away Bloom berg [NEW DELHI] Wheat exports from India, the world’s second-biggest producer, are set to plunge as farmers hoard the crop and a rally in domestic prices turns buyers away to cheaper supplies from
      Bloomberg; PHOTO: AFP  -  589 words
  • Page 15 Advertisements
    • 210 15 Chatsworth Road Bishopsgate rvois Grange Road Tanglin Road A different world that’s entirely mine. M 1 n MS I n H Li -> Step into our show gallery located at: 71 Jervois Road For enquiries, please call Huttons at: 6471 1060/6471 1070 www.mon-jervois.com.sg Exclusive, tranquil and unspoilt. Immerse in the
      210 words

  • ECONOMY WATCH
    • 693 16 Discussions on policy and competitiveness in part driven by US shale development AFP [BRUSSELS] EU leaders, desperate to give growth a boost, have made energy policy a priority amid concerns that a US-led revolution in shale oil and gas development would reshape
      AFP; PHOTO: AP  -  693 words
    • 427 16 Weak wage growth may limit any pickup in spending Bloomberg [LONDON] UK retail sales unexpectedly fell in April, led by the biggest drop in food sales for almost two years and indicating continued weakness in consumer spending. Sales including fuel declined 1.3
      Bloomberg  -  427 words
    • 233 16 Bloomberg [LONDON] Britain’s underlying budget deficit widened in April, dealing a blow to Chancellor of the Exchequer George Osborne ahead of the International Monetary Fund’s verdict on the UK economy. The shortfall excluding temporary support for banks was £10.2 billion (S$19.4 billion),
      Bloomberg  -  233 words
  • Page 16 Advertisements
    • 208 16 CALL FOR PERFORMERS Step Right Up! Be part of ChildAid 2013 CarnivalEdition Young ladies gentlemen, step right up! If you think you can sing, dance, play a musical instrument or perform a circus act, come try out for our next ChildAid concert! Email your entry to childaid@sph.com.sg by June 8,
      208 words

  • WORLD
    • 649 17  -  It will keep watch on JGB market, dismisses fears of surge in yields By ANTHONY ROWLEY By in Tokyo BANK of Japan (BoJ) governor Haruhiko Kuroda promised yesterday that the central bank would keep a close watch on developments in the Japanese
      649 words
    • 808 17  -  COMMENTARY By ANTHONY ROWLEY SUDDENLY all the talk in Japan seems to be about “energy”, and this isn’t just a reference to the more positive sentiment that has taken hold among consumers and investors since Prime Minister Shinzo Abe launched his “Abenomics”
      808 words
    • 633 18 Fed chief says current monetary policy providing significant benefits Bloomberg [WASHINGTON] Federal Reserve Chairman Ben Bernanke said the US economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery. “A premature tightening of monetary policy
      Bloomberg; PHOTO: AFP  -  633 words
    • 324 18 New regime shuns euro to protect its own recovery Bloomberg [REYKJAVIK] Iceland’s new government is turning its back on the European Union and will shelve accession talks that started in 2010 as the nation seeks to protect its economic recovery from
      Bloomberg  -  324 words
    • 300 18 AFP [NEW YORK] German Chancellor Angela Merkel topped Forbes’s list of the world’s most powerful women for the third consecutive year, followed by Brazil’s Dilma Rousseff, the magazine said yesterday. They were followed by M e li n d a G a t
      AFP; PHOTO: AFP  -  300 words
    • 460 18 Reuters [LONDON] Credit rating firms say they could further downgrade the ratings of highly indebted eurozone countries, putting their bonds at risk of being pitched out of global indexes and reversing a fall in their borrowing costs. The view from the
      Reuters  -  460 words
    • 934 19 The tax avoidance costs the US and Europe at least US$100b per year Bloomberg [NEW YORK] US Senate scrutiny of Apple Inc’s tax strategies turned the spotlight on a unit with US$30 billion in profit since 2009 that’s incorporated in Ireland, controlled by
      Bloomberg; PHOTO: AFP  -  934 words
    • 533 19 Nintendo vs Copper patent fight Nintendo wins Bloomberg [WASHINGTON] Nintendo Co, the world’s biggest vid-eo-game maker, won a second US patent-infringe-ment case this month, successfully defending its Wii system and adding to a trend of companies fighting royalty demands and winning. Nintendo didn’t infringe Copper Innovations Group LLC’s patent for
      Bloomberg  -  533 words
    • 408 20 Rising foreign direct investment to offset widening current account deficit AFP [YANGON] Myanmar’s economy expanded 6.5 per cent last year and is set for further modest acceleration, the IMF estimated yesterday, as sweeping reforms herald hopes of a renaissance for the impoverished
      AFP; PHOTO: AFP  -  408 words
    • 573 20 Bloomberg [WASHINGTON] US Senate Minority Leader Mitch McConnell, the congressional sponsor of economic sanctions against Myanmar, said that he won’t seek their extension in light of the former military regime’s shift towards democracy. “I will not be making an effort to renew those
      Bloomberg  -  573 words
    • 349 20 Bloomberg [SEOUL] South Korea’s central bank chief said a US pullback from monetary easing would spur risks worldwide from rising bond yields, adding to a global debate over how to manage costs from exiting record stimulus. “If the
      Bloomberg  -  349 words
    • 669 21 Take aggressive action to restart growth or face stagnation, he says NYT [FRANKFURT] A top official of the Federal Reserve on Tuesday urged the European Central Bank to take more aggressive action to restart growth, warning that the euro area risked becoming mired
      NYT; PHOTO: AFP  -  669 words
    • 418 21 Bloomberg [TORONTO] BlackBerry founder Mike Lazaridis said he’s confident that users of iPhones and other devices will embrace the company’s BlackBerry Messenger platform, to be offered on rival phones later this year. “BBM is by far the most compelling wireless experience and wireless
      Bloomberg  -  418 words
    • 320 21 Reuters [LONDON] State-backed Lloyds Banking Group said it would not need to issue new equity or specialist debt in order to meet capital demands set by Britain’s financial regulator. The Bank of England said in March that Britain’s banks must raise 25
      Reuters  -  320 words
    • 552 24 Hedge fund investor proposes that Sony sell part of music, movie business Reuters [TOKYO] Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 per cent for the year to end-March 2015, but said there were “encouraging” signs of
      Reuters; PHOTO: AP  -  552 words
    • 533 24 Bloomberg [SEOUL] Samsung Electronics Co and LG Electronics Inc are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs almost US$10,000 a set. The misstep by the Koreans has created
      Bloomberg  -  533 words
    • 805 26 But central bank deputy governor says inflation pressure remains Bloomberg [HO CHI MINH CITY] Vietnam will find it “difficult” to cut interest rates further this year, central bank Deputy Governor Nguyen Dong Tien said, as the nation moves to create an
      Bloomberg  -  805 words
    • 679 28 City’s insured loss of US$1 b was, at that time, the biggest in US history TORNADO IN OKLAHOMA Reuters [MOORE, Oklahoma] Moore has had the bad luck of being hit by two highly destructive tornadoes, both in the month of May, 14 years
      Reuters; PHOTO: AFP  -  679 words
  • Page 17 Advertisements
    • 204 17 INVEST IN SINGAPORE’S MOST SPECTACULAR ADDRESS IN THE HEART OF MARINA BAY FINANCIAL DISTRICT HIGH-FLOOR STUDIO, 1 AND 2 BEDROOM UNITS AVAILABLE FROM $1.2M 3 BEDROOM UNITS FROM $1,855 PSF f <r ft EjsS f m fF :tx I A Y ON SHENTON Upcoming Shenton Way MRT Station at your
      204 words

  • Page 18 Advertisements
    • 379 18 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Rabobank Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. Head Office Croeselaan 18, 3521 CB Utrecht, The Netherlands Singapore Branch 77 Robinson Road #08-00 Singapore *****6 EXECUTIVE BOARD P.W. Moerland (Piet), Chairman A. Bruggink (Bert), CFO B. Marttin (Berry) S.N.Schat (Sipko) J.A.M. van der Linden (Hans)
      379 words

  • Page 19 Advertisements
    • 154 19 A DE LTA NOT JUST ANY FLAT-BED SEATS. THESE ARE DELTA'S FLAT-BED SEATS The airplane is an ideal place for you to recharge between where you're coming from and where you're going That's why Delta Air Lines BusinessElite® offers 180-degree flat-bed seats with direct aisle access. You can also pamper
      154 words

  • Page 20 Advertisements
    • 56 20 f :)5?+58 8B/ =:5=B. :)5, 9,?80=0* 70 ,0?=/5AA0/ 52?" :5?80::5//B 807 52?-9 ,0?=B*807,( :5/?+85: 9,?80=0* 70 ,0?=/5A5: 5+?:,5=’; :8B/ AB=,58 25:70 @=5?8B+ 200& :5A/?<5+ AB?/85**0/ 5+?:,5<583*06 :8B/ )5, 70 ,0?=/5AA0/ 7 4562 0-4/ 0!6 )8 4(!%14%# ...7$+ !6&1 -58" 0!%’ C2,?7 0= 28B< =>,:? 8B/ AB52? 8-0@ D9:C:8B6#$ =1 C=,5%
      56 words

  • Page 21 Advertisements
    • 90 21 We explore all angles. So we really know what s happening. When we look at investments, we never take things at face value. Our instinct is to ask what could go wrong, as well as what could go right. Experts call this due diligence. We think from any point of
      90 words

  • Page 22 Advertisements
    • 61 22 WITH TRAVEL WITH KISS WITH DINE BOND WITH KISS A PERFECT DAY WITH KISS A HAPPIER DAY WITH GREAT PRIZES WHEN YOU TUNE IN TO KISS92 TODAY! klSS92 All the great songs in one plac DOWNLOAD THE KISS92 MOBILE APP NOW! KISS92 is part of sph radio network Kiss us
      61 words

  • Page 23 Advertisements
    • 4240 23 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices X Raiffeisen Bank International (Incorporated in Austria) Statement Of Financial Position Statement Of Comprehensive Income Earnings Per Share 2012 2011 Earnings per share in Euro 2.70 3.95 Earnings per share are obtained by dividing adjusted consolidated profit (less dividend for participation capital)
      4,240 words

  • Page 24 Advertisements
    • 1557 24 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices VTB Capital plc 31 DECEMBER 2012 Head Office: 14 Cornhill, London, EC3V 3ND, UNITED KINGDOM Singapore Branch: 9 Battery Road #27-01, Straits Trading Building, Singapore *****0 Consolidated statement of financial position at 31 December Note 2012 2011 US$ 000 US$ 000 ASSETS
      1,557 words
    • 55 24 HOT PROPERTY f/fwn S face ES poor'M 206 sf $5 t IK SqUare MRT Ask toT 1 U?ri ie t autifui “nd/ $5.xK. MRT/ 0ater,es $W Z%\ 5 T h^ W '"looking l-UK APARTMENTS NEAR AMENITIES? Check this and many other properties in CATS Classified in The Straits Times now!
      55 words
    • 57 24 THE GREAT DIGITAL SALE 70 0/ OFF YOUR FAVOURITE /o MAGAZINES when you subscribe to 12 issues of the digital edition now! altu Mens BODY Mi'h'- ibHIAJM HIAIM I n» CO Microsoft Yea or Nay?f Subscribe Now! Offer valid from May 15 fa July 31, 2013. Download the magazines through:
      57 words

  • Page 25 Advertisements
    • 3778 25 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Keppel Land Limited (Co. Reg. No. *****0001G) (Incorporated in the Republic of Singapore) Lost Certificates Application has been made to the Directors of the abovenamed Company to issue replacement certificates in place of the following certificates which have been reported lost or
      3,778 words

  • Page 26 Advertisements
    • 1843 26 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Banco Bilbao Vizcaya Argentaria, S.A. Head Office: Plaza de San Nicolás 4, ***** Bilbao, Spain Singapore Branch: UOB Plaza 1, #55-02, 80 Raffles Place, Singapore *****4 Consolidated Balance Sheets (Millions of Euros) ASSETS Dec 31, 2012 Dec 31, 2011 Cash and balances
      1,843 words

  • Page 27 Advertisements
    • 134 27 Why Subscribe t0 SPH Directly? Stay Connected Enjoy your news on PRINT, ONLINE, SMARTPHONES, or iPad when you subscribe direct. Same Service No loss of income for your vendor, your same vendor will continue to serve you. Worry-Free Tracking of bills is secure and efficient No Surprises No untimely visits
      134 words

  • Page 28 Advertisements
    • 1124 28 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices Head Office: Hana Bank Building 101-1 1-Ka Euljiro, Chung-Gu, Seoul, Korea 100-191, http://www.hanabank.com Singapore Branch: 8 Cross Street, #23-06 PWC Building Singapore *****4 Tel: (65) 6438 4100 Fax: (65) 6438 4200 Swift: HNBNSGSG CONSOLIDATED STATEMENTS OF FINANCIAL POSITION As of December
      1,124 words
    • 1012 28 (a 31 si4Mf JBt4Nr fM*BANK OF COMMUNICATIONS CO., LTD. Head Office: 1 88 Yin Cheng Zhong Lu, Shanghai *****0, People's Republic of China Singapore Branch: 50 Raffles Place, #18-01 Singapore Land Tower, Singapore *****3 CONSOLIDATED STATEMENT OF FINANCIAL POSITION (All amounts expressed in millions of RMB unless otherwise stated) GROUP
      1,012 words

  • Page 29 Advertisements
    • 240 29 SPH is more just a newspaper than company We go beyond the power of print to meet evolving needs. Through digital platforms, radio, outdoor media, exhibitions, shopping malls and community activities, we engage minds and enrich lives. DIGITALThe AsiaOne network, STJobs, STProperty, STClassifieds, STCars, STOMP ST Razor TV, omy.sg, shareinvestor.com,
      240 words

  • EDITORIAL & OPINION
    • 505 30 EDITORIAL CHINESE Premier Li Keqiang’s visit to New Delhi, his first foreign trip since taking office, appears to have been productive for both countries. His visit came just two weeks after the end of a month-long standoff between the armies of the two nations on
      505 words
    • 785 30  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group If something cannot go on forever, it will stop. Stein’s Law, after economist Herbert Stein (1916-1999) WE all know that Stein’s Law will someday apply to US health care spending, which has
      The Washington Post Writers Group  -  785 words
    • 1080 30  -  They should be given help and encouragement and mustn’t be bogged down by hurdles YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT EVEN though the Indian economy was growing at a brisk clip until last year, it
      PHOTO: REUTERS  -  1,080 words
    • 1165 31  -  The polls are a step in the right direction but the country’s route to democracy is a lot tougher By AASIM SAJJAD AKHTAR The writer is assistant professor of political economy at Quaid-e-Azam University, Islamabad SO often in the international spotlight as the epicentre of global
      PHOTO: AFP  -  1,165 words
    • 796 31  -  ANTHONY ROWLEY Tokyo Correspondent MARKETS have developed an almost obsessive interest in the yen since Haruhiko Kuroda became governor of the Bank of Japan and launched a massive monetary easing assault that has sent the currency tumbling. But it is questionable whether
      796 words


  • AVIATION/SHIPPING
    • 380 32 The accord comprises 40 firm orders for the 76-seat jets LAT-WP [ATLANTA] United Airlines partner SkyWest Inc has agreed to buy more than US$4 billion of Embraer jets as new pilot contracts at the largest carriers allow commuter operators to fly bigger planes.
      LAT-WP; PHOTO: AFP  -  380 words
    • 626 32 Investors decide if staggered directors’ terms should end Bloomberg [LOS ANGELES] Royal Caribbean Ltd’s largest investor is challenging chairman and chief executive Richard Fain by supporting a plan that could lead to a board shake-up at the secondlargest cruise operator. Investors were
      Bloomberg  -  626 words
    • 237 32 SGX '000 May 22 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.29 0.01 7519 Cosco Corp 0.82 0.01 3363 Ezra Hldgs 1.01 -0.01 3643 First Ship Lea 0.13 unch 19 Freight Links 0.09 unch 9360 Grand Banks 0.39 0.01 14 Jaya Hold Ltd Chuan Hup Hldg K1Ventures
      237 words
    • 852 32 Fly in style across US between NY and LA Airlines offer lie-flat seats, pricey wines, lifts to skip queues Bloomberg [ATLANTA] Airlines are stepping up competition for full-fare passengers between New York and Los Angeles, with lie-flat seats, pricey French wines and personal valets to whisk travellers from curb to
      Bloomberg  -  852 words
  • Page 32 Advertisements
  • Page 32 Miscellaneous
    • 349 32 CRYPTIC CROSSWORD Across 1 Word describing acid hermit, no saint (6) 5 Duty has changed with king being guarded for 24 hours (8) 9 Oxford types eventually giving opportunities to ambitious youngsters? (4,4,5) 10 Not suitable footwear for office? There may be reversal of policy (4-4) 11 Article in temporary
      349 words

  • 1480 33 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
    1,480 words
  • Page 33 Advertisements
    • 91 33 Ok PLACE YOUR AD HERE The Business Times Shipping times CALL JOE WONG AT 9620 1327 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 1327 Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE
      91 words

  • SINGAPORE STOCKS
    • 3317 34 Transaction date: May 22 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 10.4 7 AEM --AAT C'vr 188 106 AIMSAMPIReit 183 -1.5 1591 184.5 182
      3,317 words
    • 251 35 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 2.4 1.3 t Advanced System 1.6 unch 2600 1.6 1.5 1.5 1.6 25.4 Last Quote Div Gr Yld Net M Cap High
      251 words
    • 10811 35 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond 1.0214/ Asian Smaller Cos!" ,2 1451/ EM local Ccy Bond 1 0293/ European Opportunities!" 1.2358/ Global
      10,811 words
    • 262 35 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A42.5 unch 8 42.5 40 40 43 3.6 8.2 3.5 154.9 52 30 Genting HK US$ US50.5 -0.5 ***** 51 50 50.5 51 3325.2
      262 words
    • 819 35 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 143 120.4 CIMB APAC Div 100S$D 143 145.2 146.1 114.4 95.8 CIMB APAC Div 100US$ US114.4 115.2 116 12 1510 1246 CIMBASEAN40 100S$D 1510 +10
      819 words


  • FINANCE & COMMODITIES
    • 634 36 May 22 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.69 *****.63 *****.64 Jun13 *****.00 *****.00 *****.00 *****.00 *****3 *****1 Sep13 *****.00 *****.00 *****.00 *****.00 2893 ***** MSCI TAIWAN INDEX FUTURES SPOT 301.87 304.10 301.20 May13 302.70 304.60 302.10 302.10 ***** *****2 Jun13 303.00
      634 words
    • 373 36 In local curr In S$ In US$ dy yr dy yr dy yr May 21 Index Change Change Change Change Change Change World Preliminary 1099.2 0.2 17.2 0.6 17.3 0.1 13.6 EAFE Preliminary 922.9 0.2 19.1 0.5 14.7 0.0 11.1 Europe Preliminary 1293.4 0.4 12.7
      373 words
    • 471 36 May 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.003 5.983 0.754 7.572 54.098 95.287 1.004 10.863 2.945 1.200 96.082 40.177 1.228 9.320 0.947 29.158 29.048 0.644 0.976 Canada 0.997 5.962
      471 words
    • 67 36 May 22 (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$) 3 mths 0.***** 3 mths 6 mths 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP
      67 words
    • 136 36 May 22 GOLD(US$/oz) May 21 May 22 Hong Kong 1398.50 1395.00 May 20 May 21 London 1360.49 1365.90 1362.21 1366.65 Source: Thomson Reuters CAST BAR May 22 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 126 56 5gm 357 279 10gm 637 558
      136 words
    • 92 36 May 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 22-Aug-13 0.24 6-Month BS*****V 15-Nov-13 0.26 1-Year BY*****H 02-May-14 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 99.96 100.00 100.00 5-Year N*****0T 2.375
      92 words
    • 57 36 May 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 13 2333.0 2328.0 2338.0 2320.0 120 1767 Jul 13 2351.0 2362.0 2368.0 2350.0 8264 ***** Aug 13 2352.0 2359.0 2363.0 2346.0 ***** ***** Sep 13 2344.0 2350.0
      57 words
    • 155 36 May 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2278 1.2292 0.9755 0.9760 Canadian dollar 1.2236 1.2250 0.9727 0.9722 Euro 1.6279 1.6293 1.2934 1.2937 NZ dollar 1.0232 1.0245 0.8130 0.8135 Sterling pound 1.9058 1.9071 1.5142 1.5143
      155 words
    • 109 36 May 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1478.25 1464.50 1479.25 1456.00 Aug 13 1390.25 1391.00 1395.25 1375.25 Sep 13 1288.00 1294.25 1296.50 1280.50 Nov 13 1220.75 1225.00 1228.00 1214.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
      109 words
    • 95 36 May 21 COCOA (£/tonne) Close Prev High Low Jul 13 1569 1538 1572 1533 Sep 13 1575 1546 1578 1544 Dec 13 1574 1548 1576 1546 Mar 14 1568 1542 1569 1539 COFFEE(US$/tonne) Close Prev High Low May 13 1971 1980 1990 1971 Jul 13 2008 2005 2014 1997
      95 words
    • 1096 36 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left (’000) Albedo Limited W*****9 Ratio AlliedTech W*****2 Price Asiatravel.com HoldingsW*****7 1 1 25 14 Asiatravel.com HoldingsW*****5 2.2 1 27 38 BakerTech W*****5 14.2 0.4 217 1 19 5 2.22 25 Best
      1,096 words
    • 70 36 CRUDE OIL PRODUCTS May 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 103.85 -1.20 WTI (Near Mth) 95.86 -0.83 Dubai (1-Mth F) 101.13 0.08 Tapis blend 108.94 -0.19 Minas 101.94 -0.19 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.78 0.70 Jet Kerosene 117.49 0.34 US$/barrel OpecOil Basket
      70 words
    • 22 36 May 22 S$ Bid Offer 1-month 1.2586 1.2594 2-months 1.2585 1.2594 3-months 1.2585 1.2594 6-months 1.2582 1.2597 Source: OCBC
      22 words
    • 66 36 May-21 May-21 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1827.00 1829.50 3 months 1861.00 1860.50 Copper, Grade A(US$/tonne) Cash 7338.50 7367.25 3 months 7370.00 7399.00 Lead(US$/tonne) Cash 2028.75 2030.25 3 months 2039.00 2040.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
    • 127 36 As at 9am May 22 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.262 1.202 Can dollar 1.250 1.202 Euro 1.666 1.587 Sterling pound 1.944 1.870 NZ dollar 1.052 1.012 US dollar 1.285 1.224 Local dollars to 100 units of foreign
      127 words
    • 161 36 May 22 $S Offer Bid 0vernight 0.08 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.11 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12
      161 words

  • PROPERTY
    • 1004 37 Some get 40% off, refurbish them, then sell for up to 90% of new home price Bloomberg [MEXICO CITY] Mexico’s attempt to solve the country’s housing shortage by constructing millions of new homes far from city centres has crippled the nation’s homebuilders and
      Bloomberg; PHOTO: BLOOMBERG  -  1,004 words
    • 953 37 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 28 WITH CONTRACT DATES BETWEEN APRIL 24 AND APRIL 30, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Residences Apt 24/04/2013 FH 603 1369 2271 Spottiswoode Suites Apt 30/04/2013
      953 words
    • 739 37 First sale of soured assets acquired from rescued lenders Bloomb erg NEW YORK S p a i n s Sareb, set up last year to acquire 90 billion euros (S$146.7 billion) of soured real estate assets at a discount from rescued lenders, is
      Bloomberg  -  739 words
    • 1318 38 Income-producing properties in Birmingham and Manchester in focus Bloomberg [LONDON] For most property investors, the UK is a country with one city. Pri-vate-equity firms, pension funds and millionaires from Russia to Qatar spent more on real estate in London than the rest of the
      Bloomberg; PHOTO: BLOOMBERG  -  1,318 words
    • 368 38 Bloomberg [LONDON] Canary Wharf Group Plc and Qatar’s sov-ereign-wealth fund won lo-cal-government approval to construct offices and 877 homes in eight buildings at the site of Royal Dutch Shell Plc’s London headquarters near the London Eye on the River Thames. Qatari Diar Real
      Bloomberg  -  368 words
    • 404 38 Bloomberg [LOS ANGELES] A waterfront estate in Greenwich, Connecticut, with a US$190 million asking price, believed to be a record for a single US residence, is likely to attract a wealthy individual buyer or a developer, its selling agent
      Bloomberg  -  404 words
    • 676 39 Move illustrates growth, weight of tech industry in New York’s economy NYT [NEW YORK] New media is replacing old in Times Square. Yahoo, the giant Web company that agreed on Sunday to buy Tumblr for US$1.1 billion, is moving its New York headquarters
      NYT; PHOTO: AFP  -  676 words
    • 399 39 Top hotel put up for sale by receivers in Oct for 25m euros Bloomberg [LONDON] Ashford Castle, Ireland’s most expensive hotel per night, was bought by Red Carnation Hotels UK Ltd for an undisclosed price as trophy properties are sold in the
      Bloomberg  -  399 words
  • Page 37 Advertisements

  • Page 38 Advertisements
    • 356 38 LAND FOR SALE FREEHOLD DEVELOPMENT LANDS LOCATED AT GELANG PAT AH, ISKANDAR MALAYSIA JOHOR Located at most sought after location near Nusajaya, Iskandar Malaysia. Merely 25 minutes’ drive from Tuas Checkpoint via 2 nd Link Expressway. Land Area: 5.5 acres to 256 acres. Taman Barn Sen,osa JSS, Pem Bandar Seaj
      356 words
    • 58 38 Where the brightest minds and best solutions converge m A- .’f c ASIA 10-12 JULY 2013 Marina Bay Sands, Singapore Singapore’s only dedicated office solutions and business event Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF Blk 8 Lorong Bakar Batu, #07-07 Singapore *****3 Tel: (65) 6848 5938
      58 words
    • 164 38 FUTURE TRANSPORT ASIA 2013 25 27 June 2013, Grand Hyatt Jakarta r>; •V/.V. SMART TRANSPORT-SMARTER FUTURE Register early to enjoy great savings! Visit our websites at www.smartpassengerrail.com.sg www.smartterminal.com.sg www.smarttraffic.com.sg to register or email Jiahui at jiahui@sphereconferences.com Unveil new strategies and solutions for operators and government authorities from aviation, rail and
      164 words

  • Page 39 Advertisements
    • 428 39 International Property Group Pte Ltd 8 Marina View, #07-04, Asia Square Tower 1. S.*****0 A Singapore Based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region Of Singapore Regional Cities We deal with Sales Leasing of the following types of assets 3 4 Star Hotels I Shopping
      428 words
    • 193 39 Otf' ceS SG per P 1 per Reg us Work your way 12 flexible office locations in Singapore Fully equipped and work-ready Terms to suit any size of business Opening soon in Orchard Wisma Atria Find out more about our fully equipped offices... www.regus.com.sg 1 800 622 1563 16 TUDOR
      193 words
    • 76 39 CONSERVATION SHOPHOUSE FOR SALE 5-storey with lift 1 Commercial Use No ABSD SSD 2 State Title 99 yrs LH wef 1941 1951 > Lease Top-up possible Built up area approx. 12,600sf 1 10 mins to Raffles Place, opp Clarke Quay MRT 1 Sale with Tenancy JL CUSHMAN For in,ormation P'
      76 words
    • 293 39 FOR SALE BY TENDER GILSTEAD COURT (50-54 GILSTEAD ROAD) PRIME RESIDENTIAL SITE in District 11 Gentie /•*>- Qilstead B d J o Velocity ES i® Novena O Novena Square Shopping Mall A Moulmein Rd GILSTEAD COURT United A Square Mall u Keng Lee Bd Kampong J ava O Newton w
      293 words

  • Page 40 Advertisements
    • 140 40 SEVEN PALMS SENTOSA COVE 1 c Nlfl Shadows play hide and seek, painting walls as they dance with light. Like a beacon of warmth and beautiful memories, your home beckons. There are some things that come along only once in your lifetime. Welcome to Singapore’s only beachfront residence. SEVEN PALMS
      140 words