The Business Times, 14 August 2013
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2013-08-14
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2013-08-14 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 MCI (P) 085/08/2013 Wednesday, August 14, 201325 words
-
878 2013-08-14 1 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] Negligence suits taken out by private banking clients are hardly unusual these days; but a case being heard before the High Court today comes with a couple of twists. At the heart of the matter are losses of $2.6878 words
-
MARKETS DIGEST
-
Article65 2013-08-14 1 GST INDEX 3,244.12 (+11.88) GST INDEX FUTURES 3,229.00 (+13.00) GSIMSCI 369.72 (+1.27) GSIMSCI FUTURES 368.80 (+2.60) US$ S$ US$ (S$ per US$) 1.264 (US$/S$ per 1.546 1.955 EURO (US$/S$/€ 1.329 1.680 Foreign currency per US$ S$ YEN 97.70 77.30 RM 3.259 2.578 HK$ 7.756 6.135 BAHT 31.26 24.72 RUPIAH65 words
-
Article48 2013-08-14 1 Tuesday Change KL COMP 1,795.09 +10.52 NIKKEI 225 13,867.00 +347.57 HANG SENG 22,541.13 +269.85 SET INDEX 1,459.08 +26.83 JAKARTA COMP 4,652.40 +54.62 MANILA COMP 6,554.62 +110.81 SEOUL COMP 1,913.03 +28.20 SHENZHEN B 822.20 +6.36 MUMBAI IND 19,229.84 +282.86 12noon EDT Change DOW 15,388.88 -30.80 NASDAQ 3,664.40 -5.5548 words
-
Article21 2013-08-14 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.405 KOREA 5.036 BRITAIN 1.475 KOREA 9.33 BRITAIN 0.50 Source: Bloomberg21 words
-
-
Article, Illustration688 2013-08-14 1 SAMUEL EE - More distributors offering it as an alternative to hire-purchase as financing curbs bite By SAMUEL EE [SINGAPORE] More and more distributors are offering car leasing to Singaporeans, who seem to be warming to it as an alternative to hire-purchase as vehicle financing rulesFILE PHOTO - 688 words
-
Page 1 Advertisements
-
Advertisement61 2013-08-14 1 HOCK LOCK SIEW CDL growth drivers: delivery speed vital PAGE 6 COMMENTARY A weaker euro to help a weakened Europe PAGE 19 PROPERTY Strong sales at The Tembusu PAGE 10 COMMODITIES India’s gold trade loses shine PAGE 2 EXECUTIVE MONEY Rising from new low Down Under I PAGE 30 STRAIT61 words
-
Advertisement136 2013-08-14 1 II SEVEN PALMS SENTOSA COVE Up Nfl 'HjLU'll/i A carefree safe haven where each day unfolds to the dulcet whispers of lapping waves. A beautiful dream that lasts forever. There are some things that come along only once in your lifetime. Welcome to Singapore’s only beachfront residence. SEVEN PALMS an136 words
-
-
TOP STORIES
-
Article, Illustration531 2013-08-14 2 S JAYASANKARAN - But Idris Jala says sale should not incur loss for Malaysian govt By S JAYASANKARAN in Kuala Lumpur A FORMER chief executive of Malaysian Airline System (MAS) has suggested that the ailing carrier be sold although he stipulated that the sale shouldFILE PHOTO - 531 words
-
Article, Illustration423 2013-08-14 2 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] Edmund Lee, chairman and chief executive of DBS Vickers Securities, will be leaving the brokerage next month to become the Singapore senior country head of Wall Street giant, JP Morgan, sources said. JP Morgan, the largest US bank423 words
-
Article, Illustration794 2013-08-14 2 NEETA LAL - By in New NEETA LAL in New Delhi WITH the Reserve Bank of India (RBI) tightening the screws on gold imports to ease pressure on the depreciating rupee, the mood in India’s jewellery industry is turning despondent. The RBI took thePHOTO: REUTERS - 794 words
-
501 2013-08-14 2 LATEST US DATA Reuters [WASHINGTON] A gauge of US consumer spending rose last month at its fastest pace in seven months, a sign of quicker economic growth that could strengthen the case for the US Federal Reserve winding down a major economicReuters - 501 words
-
358 2013-08-14 2 Bloomberg [TOKYO] Japan’s core machinery orders fell in June and companies expect them to fall further in the current quarter, another sign that government stimulus has yet to boost capital spending as debate intensifies over how to address massive and growing public debt.Bloomberg - 358 words
-
Article387 2013-08-14 2 Car leasing lures locals and goes mainstream MORE and more distributors are offering car leasing to Singaporeans, who seem to be warming to it as an alternative to hire-purchase as vehicle financing rules begin to bite. FRONT PAGE Former CEO of MAS says airline should be sold A387 words
-
413 2013-08-14 4 ANNABETH LEOW - Figure at 5-year high of 15.6%; employee mobility linked to improved economy By ANNABETH LEOW [SINGAPORE] The employee turnover rate in Singapore is set to climb, according to a global study from management consultancy Hay Group. The figure for this year stands at413 words
-
Article, Illustration538 2013-08-14 4 NG ZHUO YANG - GfK survey also finds 42% are concerned about healthcare costs By NG ZHUO YANG [SINGAPORE] The escalating cost of living in Singapore is chief among the concerns of local consumers today, according to a recent global survey by research company GfK. Chosen byFILE PHOTO - 538 words
-
292 2013-08-14 4 Bloomberg [MELBOURNE] Singapore Telecommunications plans to keep its Australian satellite unit after concluding a strategic review. “Based on the review, SingTel is committed to growing and investing in the satellite business,” the company said in a statement. SingTel was seeking more thanBloomberg - 292 words
-
-
Page 2 Advertisements
-
Advertisement7 2013-08-14 2 The best pure-play private bank in Asia.7 words
-
-
Page 3 Advertisements
-
Advertisement218 2013-08-14 3 RICHARD MILLE A RACING MACHINE ON THE WRIST mt-i 55 V (tin. l r I o z L\ c? ft* ft yr* T% 9 rs 9 i z I .T*™ w i 'fcj *st t MK r •t 7 f* W I ;r < m f > j 7,7 5!218 words
-
-
Page 4 Advertisements
-
Advertisement591 2013-08-14 4 Doing Business, The New Normal ARE U IN? A market upheaval is in progress and it is already challenging the way we traditionally do business. This breed of entrepreneurs called ‘technopreneurs’ are fast changing the business landscape, from crowd-funding to how they ‘disrupt’ the market and expeditiously grow their companies.591 words
-
Advertisement107 2013-08-14 4 tpBI '12 CHINA GUARDIAN tl 20 YEARS IN CHINA ART AUCTION www.cguardian.com Consignment Event for China Guardian 2013 Aiitnnm Auctions Categories Chinese Painting and Calligraphy Porcelain Furniture and Works of Art Modern and Contemporary Arts and Crafts Chinese Oil Painting Stamps and Covers Coins and Banknotes Date 2013.08.17 2013.08.18 09:00-12:00107 words
-
-
Page 5 Advertisements
-
Advertisement214 2013-08-14 5 Va mazoa r ml m i j 0 L5 *8 ■>■ l:V. m m ■>£$' iJpsSjs? i'S I S' /3 1 E> All space, all beauty, all luxury. The new CX-9 is the only top-of-the-line Japanese SUV that seats 7 adults comfortably. Designed with Mazda's Kodo Soul of Motion design,214 words
-
-
COMPANY NEWS
-
640 2013-08-14 6 FELDA CHAY - She will take over from Trina Loh, who is leaving the group after a 14-year stint By FELDA CHAY SINGAPORE-LISTED property developer GuocoLand will bring in a new group managing director for its Singapore operations in a few weeks. The Business Times640 words
-
306 2013-08-14 6 JACQUELYN CHEOK - By JACQUELYN CHEOK ASIAN Pay Television Trust (APTT) has declared a maiden distribution of 4.8 cents per unit for the period from May 29 when it was listed to June 30. The trust, Asia’s first listed business trust focused on pay-TV businesses,306 words
-
Article, Illustration381 2013-08-14 6 NISHA RAMCHANDANI - Revenue up 1.7% at nearly $1.6b; marine revenue up 12% By NISHA RAMCHANDANI SINGAPORE Technologies (ST) Engineering has reported a net profit of $147.9 million, up 3.3 per cent year-on-year, for the second quarter ended June 30, 2013. Positive contributions from mostST FILE PHOTO - 381 words
-
Article, Illustration282 2013-08-14 6 JACQUELYN CHEOK - By JACQUELYN CHEOK BANYAN Tree Holdings’ net profit rose to $1.7 million for the second quarter from $644,000 as its revenue climbed 3 per cent to $81.7 million on the back of stronger contribution from its hotel investment segment. The segment achieved $46.2BT FILE PHOTO - 282 words
-
219 2013-08-14 6 CARINE LEE - By CARINE LEE BOUSTEAD Singapore saw its net profit for the fiscal first quarter ended June 30, 2013, rise 45 per cent year-on-year to $17.73 million. Other operating income, which included a $5.58 million gain on sale of assets, and $2.48 million worth219 words
-
Article, Illustration829 2013-08-14 6 KALPANA RASHIWALA - HOCK LOCK SIEW By KALPANA RASHIWALA PROPERTY and hotel group City Developments Ltd (CDL) is traditionally viewed as a good proxy for the Singapore residential market. This has been positive for its shares and its reputation because of strong sales volumes and a price829 words
-
342 2013-08-14 6 NELSON LEE - By NELSON LEE PROPELLED by strong revenue growth, Nam Cheong, a builder of offshore support vessels (OSVs) in Malaysia, ended its second quarter with an 81 per cent surge in net profit to RM40.72 million (S$15.8 million). Revenue rose 84 per cent342 words
-
582 2013-08-14 7 KENNETH LIM - Yield and deal size to be set this week; pricing seen as aggressive By KENNETH LIM EXPECTATIONS of climbing interest rates are putting a damper on long-dated corporate debt issues, but a few issuers have been braving the headwinds with the longest of long paper582 words
-
319 2013-08-14 7 MALMINDERJIT SINGH - By MALMINDERJIT SINGH KREUZ Holdings yesterday reported a 9.6 per cent increase in net profit for the second quarter of this year to US$14.6 million, from US$13.3 million for the year-ago corresponding period. The rise in net profit came319 words
-
253 2013-08-14 7 KELLY TAY - By KELLY TAY SBS Transit’s ride continues to be bumpy, with its net profit dropping 30.6 per cent year-on-year, from $4.55 million to $3.16 million, for the second quarter ended June 30, 2013. Revenue for the quarter, however, rose 6.7 per253 words
-
Article, Illustration376 2013-08-14 9 AMIT ROY CHOUDHURY - It says profit drop of 10.6% primarily due to higher income tax provision By AMIT ROY CHOUDHURY [SINGAPORE] Venture Corporation’s second-quarter net profit fell 10.6 per cent to $30.1 million as revenue dropped 3.9 per cent to $587.7 million. The global technology companyPHOTO: BLOOMBERG - 376 words
-
225 2013-08-14 9 ANNABETH LEOW - By ANNABETH LEOW FOREIGN exchange losses ate into food and beverage company Food Empire’s second-quarter net profit, which stood at US$3.7 million, 1.6 per cent lower than the US$3.8 million last year. In addition to the increase in foreign exchange losses from US$280,000225 words
-
Article289 2013-08-14 9 CAI HAOXIANG - By CAI CAI HAOXIANG DRAGGED down by the poor performance of an American technology subsidiary, WBL Corporation reported a $14.4 million loss for its third quarter ended June 30, compared to a $14.5 million profit for the same period a year ago. Revenue was289 words
-
335 2013-08-14 9 CAI HAOXIANG - By CAI HAOXIANG CRANE supplier Tat Hong Holdings reported a net profit of $8.2 million for its first quarter ended June 30, down 51 per cent from $16.7 million a year ago. Revenue was down 18 per cent to $175.5 million from $215.3335 words
-
COMPANY BRIEFS
-
115 2013-08-14 9 YANLORD Land Group’s net profit attributable to equity-holders plummeted 99 per cent to 6.4 million yuan (S$1.3 million) for the second quarter ended June 30. This was down from 735.6 million yuan a year earlier, when fair value gains on an investment property and115 words
-
89 2013-08-14 9 UOB-Kay Hian’s second-quarter net profit more than doubled to $26.7 million from $12.4 million. Earnings jumped as revenue rose 50.8 per cent to $114.2 million. Commission income rose 63.4 per cent, while interest income rose 14.9 per cent. But commission and personnel expenses89 words
-
61 2013-08-14 9 BLUMONT Group is making its first investment in copper by buying a 12 per cent stake in Australia-listed Kidman Resources for A$2.6 million (S$3 million). It will subscribe for 11.3 million placement shares at 23 Australian cents each in Kidman Resources, which focuses on61 words
-
48 2013-08-14 9 AMARA Holdings saw net profit rise 52 per cent to $2.1 million in the second quarter ended June, on the back of a 15 per cent rise in revenue to $17.9 million. Earnings per share rose to 0.37 cent, from 0.24 cent.48 words
-
-
267 2013-08-14 9 JASMINE NG - By JASMINE NG TECHNOLOGY firm CSE Global plans to list its UK subsidiary, CSE Global UK, on the London Stock Exchange this year. The company also said second-quarter net profit declined 41 per cent from a year earlier to $12.5 million. Sales267 words
-
272 2013-08-14 9 ANDREA SOH - By ANDREA SOH LIKE its peers, First Resources saw revenue and earnings in the second quarter hit by weaker palm oil prices. Net profit for the Indonesian palm plantation firm dropped 26 per cent from a year ago to US$37.7 million, while revenue eased272 words
-
165 2013-08-14 9 JASMINE NG - By JASMINE NG K1 VENTURES, a Singapore investment company, said yesterday that fullyear profit rose nearly fivefold after the company sold its investment in oil and gas firm McMoRan Exploration Co (MMR). Net profit for the fiscal year ended June jumped to165 words
-
-
Page 7 Advertisements
-
Advertisement106 2013-08-14 7 m www.matrix.sg Save up to "80% on your international 1 Ms Benefits: Free incoming calls in most countries' Free bundled minutes to Singapore while overseas No need to top up value Post-paid service, payment upon return from trip Post paid SIM cards available for 25 countries Detailed call records for106 words
-
Advertisement182 2013-08-14 7 EVERY PIECE A CHANGE FOR THE BETTER Bring your family to Marina Bay Sands®this August and join us for a weekend of celebration and extravaganza, as Sands for Singapore and six charities bring you three days of exciting fund-raising activities and fun-filled events at Singapore’s most iconic leisure and entertainment182 words
-
-
SINGAPORE MARKETS
-
Article, Illustration567 2013-08-14 8 R SIVANITHY - ST Index rises almost 12 points after strong HK performance and firm Europe opening STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday managed an 11.88-point rise to 3,244.12 following a 1.2 per cent jump in Hong Kong’s Hang Seng Index and aSource: Bloomberg - 567 words
-
Article73 2013-08-14 8 Aug 13 VALUE CLOSE BT OB/OS -418.00 -1.00 BT CADI -*****.00 +49.00 BT 10-day MA -*****.00 -41.00 FTSE ST Mid Cap 762.10 +0.03 FTSE ST Small Cap 564.71 +1.72 FTSE ST All Share 792.39 +2.38 FTSE ST China Top 201.13 +1.03 FTSE ST China 231.67 +1.06 FTSE73 words
-
Article55 2013-08-14 8 VOLUME Tritech 228,519,000 Innopac 194,626,000 HanKore 177,645,000 Golden Agri 111,433,000 Albedo 80,503,000 WE Hldgs 63,216,000 AdvanceSCT 48,517,000 IPCO Intl 45,564,000 Rex Intl 45,377,000 Contel 37,847,000 VALUE($) Tritech 111,547,170 DBS Grp 83,153,401 Golden Agri 56,756,585 JMH 53,494,404 Keppel Corp 51,697,306 SingTel 47,163,320 CapitaLand 39,605,984 Rex Intl 35,863,580 GLP55 words
-
Article186 2013-08-14 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 2 0 0 0 7 5 2 Manufacturing 63 48 43 8 5 14 71 53 57 Commerce 31 15 17 7 4 3 38 19 20 Tpt/Stor/Comms 15 22 6186 words
-
Article121 2013-08-14 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,996 12,996 69,491 69,491 Manufacturing 367,632 40,612 408,244 165,696 3,258 168,955 Commerce 103,157 184,755 287,912 112,565 7,040 119,605 Tpt/Stor/Comms 100,299 23,147 123,446 106,454 9,707 116,161 Finance 223,463 16,205 239,668 179,662 6,912 186,575 Construction 99,977 27,016121 words
-
BROKERS’ TAKE
-
Article, Illustration394 2013-08-14 8 Aug 13 close: S$2.15 Maybank Kim Eng Research, Aug 13 HO BEE reported a Q2 2013 net profit of S$26.2 million (-50 per cent q-o-q; -64 per cent y-o-y). Excluding one-offs (predominantly the S$25.9 million gain from the sale of Hotel Windsor), it would have barely brokenSource: Bloomberg - 394 words
-
Article, Illustration356 2013-08-14 8 TEH SHI NING - Compiled by TEH SHI NING Aug 13 close: S$0.89 DBS Group Research Equity, Aug 13 Q1 2014 sales grew 2 per cent y-o-y to S$197 million while earnings grew 5 per cent to S$7 million. Revenue growth was driven by the Singapore market (+2 per cent y-o-y toSource: Bloomberg - 356 words
-
Article135 2013-08-14 8 EPS earnings per share Ebit earnings before interest tax Ebitda earnings before interest, tax, depreciation amortisation FY fiscal/financial year H1, H2 first or second half NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter q-o-q quarter-on-quarter135 words
-
-
Article116 2013-08-14 8 Stock name Close Change CapMallsAsia 1.990 +0.010 CapitaLand 3.260 +0.070 CapitaMall 2.020 +0.020 CityDev 10.74 +0.070 ComfortDelGro 1.970 +0.015 DBS Grp 17.32 +0.120 GLP 2.820 -0.020 Genting SP 1.385 +0.005 Golden Agri 0.505 -0.015 HK Land 6.930 -0.010 HPH Trust US$ 0.745 JMH 55.00 +0.100 JSH116 words
-
Article, Illustration500 2013-08-14 8 CURRENCIES Bloomberg [LONDON] The yen yesterday slid the most in nine weeks against the euro, after a newspaper report saying the Japanese government is weighing a corporate-tax cut boosted stocks and dampened demand for safer assets. The yen declined at leastBloomberg; PHOTO: BLOOMBERG - 500 words
-
Article112 2013-08-14 8 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 107.4 0.5 GLD 10US$ ***** 91.0 0.6 DBXT FTChina25 10US$ 2812 78.4 2.3 Lyxor AsiaRE 10US$ 987 68.3 5.8 Lyxor China H 10US$ 1361 44.2 2.6 DBXT STGLDv100 10US$ 2926 39.2 1.1 JSH 3481 31.6 0.7 DBXT MSBrazil 10US$ 463112 words
-
Article120 2013-08-14 8 BY CENTS CLOSE DOWN UOB 5.05%NCPS 100 ***** -49.0 -0.5 DairyFarm 1104 -21.5 -1.5 STXPO 100 272 -18.0 -6.2 UOB 2179 -15.0 -0.7 DBXT MSTHAI 10US$ 2009 -12.6 -0.5 Great Eastern 1736 -10.0 -0.6 ForterraTr 220 -8.0 -3.5 Haw Par Corp 733 -8.0 -1.1 F N.ES.1308 563 -6.0 -1.1120 words
-
-
Page 9 Advertisements
-
Advertisement381 2013-08-14 9 %^SING> REGISTER NOW GROUP DISCOUNTS AVAILABLE SINGAPORE HUMAN CAPITAL SUMMIT PEOPLE STRATEGIES FOR ASIA FUTURE-PROOFING YOUR ORGANISATION RESORTS WORLD SENTOSA, SINGAPORE 11 -12 SEPT 2013 s Asia's premier human capital and leadership conference Back for its sixth year, the 2013 Singapore Human Capital Summit will feature a world-class line-up of381 words
-
-
SINGAPORE NEWS
-
493 2013-08-14 10 KALPANA RASHIWALA - Strong showing may help bring back confidence to market post-TDSR By KALPANA RASHIWALA SALES at The Tembusu, Wing Tai’s condo project in the Kovan area, are said to have crossed 200 units by yesterday evening. The average price for the 337-unit freehold493 words
-
495 2013-08-14 10 NISHA RAMCHANDANI - By NISHA RAMCHANDANI THE Government Parliamentary Committee (GPC) for Health has submitted to the Ministry of Health (MOH) a series of recommendations aimed at making healthcare more affordable for Singaporeans. One recommendation is that Medisave usage be liberalised so it can also be used to cover495 words
-
467 2013-08-14 10 RONNIE LIM - By RONNIE LIM GERMANY’S Oiltanking, which bought Helios Terminal on Jurong Island just last October, is now selling 45 per cent of its stake in the facility to Macquarie Capital. It had paid Chemoil Energy US$285 million for the facility last year. Now,467 words
-
Article, Illustration1054 2013-08-14 10 ANNABETH LEOW - By ANNABETH LEOW SIM Eng Tong, chief executive officer of Biomax Technology, tries very hard to play down his accomplishments. Despite saying repeatedly that he is not a university graduate, not an English speaker and has no background in technology, Mr Sim stillPHOTO: YEN MENG JIIN - 1,054 words
-
-
Page 10 Advertisements
-
Advertisement167 2013-08-14 10 *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices 1. Data Collection of Companies’ Market Share for Sub-sectors covered in the Customer Satisfaction Index of Singapore (CSISG) 2014; and 2. Conduct of Survey Fieldwork for the Customer Satisfaction Index of Singapore (CSISG) 2014. SMU/ISES/OT/001/2013 =K%"KIKIG (E# 8IK %#D "K68IIK" J#I DK%"KIB%H167 words
-
-
Page 11 Advertisements
-
Advertisement1422 2013-08-14 11 ADVERTORIAL Think global, study local The Singapore Institute of Management Global Education brings world-class programmes to our doorstep AS a student at Singapore Institute of Management Global Education (SIM GE) more than a decade ago, Zhang Jianlin’s inherently curious nature often prompted him to ask many questions in class. Today,1,422 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration787 2013-08-14 12 Japanese lender aiming to step up its expansion in South-east Asia Reuters [TOKYO] Mizuho Financial Group Inc has approached Australia and New Zealand Banking Group Ltd to buy ANZ’s 39.2 per cent stake in PT Bank Pan Indonesia Tbk (Panin) valuedReuters; PHOTO: REUTERS - 787 words
-
339 2013-08-14 12 [PETALING JAYA] Bank Negara, Malaysia’s central bank, is expected to maintain the overnight policy rate (OPR) for the rest of this year but a possible 25 to 50 basis point hike is anticipated for next year which could result in a “one-time339 words
-
-
Page 12 Advertisements
-
Advertisement297 2013-08-14 12 i 6 gnrs h i t if w U c AVAILABLE FROM 22 TO 31 AUGUST 2013, FOR DINNER AND SUNDAY BRUNCH three MINI MIYAZAKI Head to Triple Three and discover Japanese cuisine from Miyazaki Prefecture, renowned for quality produce that its rich tropical land yields. Start with the freshest297 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration942 2013-08-14 13 It’ll also tap capital inflows as economy struggles with fall in industrial production and high inflation Bloomberg [NEW DELHI] India’s latest economic data and a renewed bid to pare a record current account deficit that’s spurred a rupee slide show stagflation conditions persist almostBloomberg; PHOTO: AP - 942 words
-
430 2013-08-14 13 Bloomberg [HONG KONG] Lee Quo-wei, the former chairman of Hong Kong’s Hang Seng Bank Ltd who fended off a bank run, helped peg the local currency to the US dollar and rebuilt the reputation of the city’s stock exchange, has died. HeBloomberg - 430 words
-
467 2013-08-14 13 But analysts doubt other cities will also change policy Reuters [BEIJING] The eastern Chinese city of Wenzhou has relaxed restrictions on property purchases to allow some people to buy second homes the first in the country to ease controls, though analysts say other ChineseReuters - 467 words
-
-
Page 13 Advertisements
-
Advertisement282 2013-08-14 13 p.. o Wine, Dine An epicurean discovery of Japanese Omi Wagyu Pan Pacific Singapore presents an exclusive gourmet experience, featuring premium Omi Wagyu sourced directly from the producers in Shiga Prefecture, Japan. Enjoy a taste of tradition with the Japanese set menus at Keyaki, experience inventive Chinese dishes at Hai282 words
-
-
ECONOMY WATCH
-
458 2013-08-14 14 For the first 10 months of FY2013, the deficit narrows to US$607.4b Bloomberg [WASHINGTON] The US government posted a 38 per cent smaller budget deficit in the 10 months through July than a year earlier, even as the shortfall last month wasBloomberg - 458 words
-
Article, Illustration404 2013-08-14 14 Reuters [LONDON] British house prices are rising at their fastest pace in seven years, according to an industry survey yesterday which may add to concerns that government lending incentives are creating a new property bubble. The Royal Institution of Chartered Surveyors’Reuters; PHOTO: BLOOMBERG - 404 words
-
154 2013-08-14 14 Reuters [TOKYO] Japan should delay a planned hike in sales tax to ensure the economy emerges from deflation, said Nobuyuki Nakahara, former Bank of Japan board member and close confidant of Prime Minister Shinzo Abe. Mr Nakahara said the salesReuters - 154 words
-
-
Page 14 Advertisements
-
Advertisement1559 2013-08-14 14 ACE ACHIEVE INFOCOM LIMITED (Incorporated in Bermuda) (Registration No: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Ace Achieve Infocom Limited (the “Company”) will be held at Cube 3, Lower Lobby Village Hotel Changi, 1 Netheravon Road, Singapore *****2 on Friday,1,559 words
-
Advertisement234 2013-08-14 14 Visit www.fb.com/comexITshow THE BIGGEST I.T, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE 5 8 SEPT (THURSDAY TO SUNDAY) SINGAPORE EXPO HALLS 5 6 12 NOON 9 PM DAILY FREE ADMISSION S$20,000 CASH in online Lucky Draw (FOR EVERY S$100 spent, you get 1 chance to win) Here ‘s how you can234 words
-
-
Page 15 Advertisements
-
Advertisement2540 2013-08-14 15 RENEWABLE ENERGY ASIA GROUP LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Renewable Energy Asia Group Limited (the “Company”) will be held at Royal Room 1 (Level 3), Hotel Royal, 36 Newton Road, Singapore *****42,540 words
-
Advertisement3123 2013-08-14 15 XMH XMH HOLDINGS LTD. (Incorporated in the Republic of Singapore) Company Registration Number *****0562M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of XMH HOLDINGS LTD. (the “Company”) will be held at Warren Golf Country Club. 81 Choa Chu Kang Way, Singapore *****3 on3,123 words
-
-
WORLD
-
Article, Illustration556 2013-08-14 16 Germany’s ZEW investor confidence index up 5.7 points to 42 points in Aug AFP [BRUSSELS] Industrial output in the 17-nation eurozone bounced back sharply in June, another pointer that the single-currency bloc is finally edging out of recession, official data showed yesterday. WithAFP; PHOTO: REUTERS - 556 words
-
Article, Illustration641 2013-08-14 16 Reuters [NEW YORK] JC Penney Co Inc said that activist investor Bill Ackman had resigned from the board, three years after embarking on a public and at times acrimonious campaign to turn around the struggling department store operator and less than a weekReuters - 641 words
-
Article, Illustration518 2013-08-14 16 Bloomberg [SAN FRANCISCO] Apple is preparing for a busy close to the year with the debut of new iPhone and iPad models, seeking to retain its position in the increasingly crowded smartphone and tablet markets. After having minimal product introductions since lastBloomberg; PHOTO: REUTERS - 518 words
-
359 2013-08-14 16 Reuters [WASHINGTON] A US regulator unveiled a controversial proposal yesterday that would require auditors to reveal more details about the publicly traded companies whose books they examine, a move intended to arm investors with more information. The Public Company Accounting Oversight BoardReuters - 359 words
-
378 2013-08-14 16 Move comes as more consumers buy clothes from home Re uters [BERLIN] Danish fashion store magnate Anders Holch Povlsen has bought 10 per cent of Europe’s biggest online fashion retailer Zalando, continuing a push into booming e-commerce. Fashion retailers are looking increasingly toReuters - 378 words
-
Article, Illustration760 2013-08-14 17 Team of investors including pension funds may take it private: analysts Bloomberg [TORONTO] BlackBerry Ltd’s decision to consider takeover offers is fuelling speculation that investors could band together to keep the company in Canadian hands, avoiding the national embarrassment that followed Nortel Networks Corp’sBloomberg; PHOTO: AFP - 760 words
-
Article, Illustration764 2013-08-14 17 Reuters [TORONTO] Just over a year ago, Prem Watsa said Research in Motion Ltd, now re-named BlackBerry, was a “Canadian success story”, a good buy and a likely turnaround story, despite declining market share. BlackBerry’s fortunes have only deteriorated since then, butReuters - 764 words
-
Article, Illustration798 2013-08-14 17 Reuters [LONDON] The US commodities market regulator has subpoenaed a number of major metals warehousing firms, including Switzer-land-based commodities giant Glencore, seeking documents and communications from the last three years as an inquiry into complaints about inflated metals prices gathers steam.Reuters; PHOTO: REUTERS - 798 words
-
392 2013-08-14 17 AFP [SYDNEY] Australian Prime Minister Kevin Rudd yesterday said it was “D-day” for the opposition to reveal its election costings, as the Treasury confirmed the government’s A$30 billion (S$34.6 billion) budget deficit forecast. The independent Pre-Election Economic and Fiscal Outlook (PEFO)AFP - 392 words
-
484 2013-08-14 17 Reuters [DUBAI] Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which could lead to a sale of the business, according to two sources familiar with the matter. Britain’s fourth largest bank by market valueReuters - 484 words
-
-
Page 16 Advertisements
-
Advertisement19 2013-08-14 16 With 464m users China moves into mobile Internet era Internet era To subscribe, call 6388-3838 or go to sphsubscription.com.sg19 words
-
-
EDITORIAL & OPINION
-
508 2013-08-14 18 EDITORIAL FITCH’S ratings downgrade of Malaysia’s outlook could not have been a total surprise to investors. In what seemed to be a warning salvo, the international rating agency downgraded Malaysia’s sovereign rating over the country’s worrisome finances. It could be a prelude to an508 words
-
Article, Illustration836 2013-08-14 18 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent THE movers and shakers in Washington, DC, who spend their long days and nights getting rich at the nexus of big politics, big media and big money, have been reading and re-reading, talking about and quoting836 words
-
Article, Illustration964 2013-08-14 18 WILLIAM PESEK - It must face up to reality and ask why it happened and what it means for the world WILLIAM PESEK The writer is a Bloomberg View columnist Bloomberg FORGET Abenomics. Ignore Shinzo Abe’s efforts to rejuvenate Japan’s diplomatic and military clout. Look past theBloomberg; PHOTO: REUTERS - 964 words
-
Article, Illustration1067 2013-08-14 19 ANG SOON LII, PERRINE OH - It aims to communicate only relevant information, enhancing the quality of communication with stakeholders By ANG SOON LII, PERRINE OH The writers are Manager, Technical Standards Development Advisory, and Manager of Research respectively, in the Institute of Singapore Chartered Accountants. NNUAL reports have beenPHOTO: AFP - 1,067 words
-
Article, Illustration810 2013-08-14 19 FRANZ NAUSCHNIGG - By FRANZ NAUSCHNIGG The writer is Head of Division, European Affairs and International Financial Organizations, at the Austrian National Bank. The views expressed are only those of the author. Project Syndicate WHAT can be done to help the “crisis economies” of southernProject Syndicate; PHOTO: BLOOMBERG - 810 words
-
-
Transport HUB
-
Article, Illustration1168 2013-08-14 20 DAVID HUGHES - What’s the world doing? Some have been held by Somali pirates for over three years STRAIT TALK By DAVID HUGHES LAST week, to coincide with the end of Ramadan, the families of the crew of the pirated and wrecked merchant ship Albedo releasedPHOTO: AP - 1,168 words
-
334 2013-08-14 20 They signal more bullish outlook for shipping rates Bloomberg [LONDON] The biggest advance since 2010 in the price of second-hand commodity carriers is boosting ship owners from Golden Ocean Group Ltd to D/S Norden A/S on mounting confidence that the industry’s worst-ever slumpBloomberg - 334 words
-
Article238 2013-08-14 20 SGX '000 Aug 13 S$ +/-Vol CH Offshore 0.42 -0.01 20 Chuan Hup Hldg 0.25 unch 221 Cosco Corp 0.72 -0.02 1209 S$ Ezra Hldgs 0.89 0.02 5801 First Ship Lea CH Offshore Freight Links -0.01 Grand Banks.............unch unch 0 Jaya Hold Ltd 0.25 K1Ventures 221 Keppel Corp238 words
-
TRANSPORT HUB: AVIATION
-
Article, Illustration1028 2013-08-14 21 Brazil’s planemaker to release mid-sized Legacy 500 seating 12 people next year Bloomberg [SAO PAULO] Embraer SA is betting on a rising US economy to draw wealthy buyers to its latest business jets even as cost conscious companies cut private airBloomberg; PHOTO: BLOOMBERG - 1,028 words
-
Article, Illustration425 2013-08-14 21 Specialised version to hit market in 2014: NZ developer AFP [WELLINGTON] The New Zealand developers of a personalised jetpack said yesterday that aviation regulators have issued the device with a flying permit, allowing for manned test flights. Martin Aircraft chief executive Peter Coker saidAFP; PHOTO: AFP - 425 words
-
-
TRANSPORT HUB: LAND
-
Article, Illustration466 2013-08-14 22 BMW drivers are the worst and that’s scientific Research supports theory that drivers of luxury cars lack road manners NYT [NEW YORK] Jokes about BMW drivers being, on average, somewhat less than courteous are fairly common. They often run along the lines of: “Despite its good brakes, a BMW willNYT; PHOTO: BLOOMBERG - 466 words
-
Article, Illustration663 2013-08-14 22 Smooth, quiet, it will make San FranciscoLA trip in 30 mins WP [LOS ANGELES] SpaceX and Tesla Motors chief executive Elon Musk has released his concept for a transportation system that could deliver passengers from San Francisco to Los Angeles in 30 minutes if itWP; PHOTOS: REUTERS, AP - 663 words
-
-
-
Page 20 Advertisements
-
Advertisement25 2013-08-14 20 Breakfast "iihfoityife DISCOVER THE COMPELLING STYLE AND SUBSTANCE OF THE MODELS IN THE CITROEN DS LINE! SIGN UP NOW AT WWW.TORQUE.COM.SG/EVENTS SEPTEMBER 28, 2013 SATURDAY25 words
-
Advertisement61 2013-08-14 20 www.comexshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE COMING SOON! 5th 8th SEPT 2013 SINGAPORE EXPO HALLS 5 6 EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX AND WORLD FOOD61 words
-
Advertisement180 2013-08-14 20 Have you ever had issues shipping your product out of the country? It might be time for you to consider our press-wood export pallet, jj Economical one-way export plastic pallets available too Conveyor friendly Press-wood pallet has proven to be a natural alternative, offering many benefits to traditional timber pallets.The180 words
-
-
Page 21 Advertisements
-
Advertisement36 2013-08-14 21 Find the nearest car workshop or towing service with our one-stop motoring directory. Log on to www.STCars.sg now STCars.SG R STCarsSG I Google play J V AppStore A product of SPH. Singapore's Trusted Media Group STCars.s36 words
-
-
Page 21 Miscellaneous
-
Miscellaneous290 2013-08-14 21 CRYPTIC CROSSWORD Across 7 Beginning to spout tiresome bad language (8) 9 Endless surprise regarding aggressive woman (6) 10 Jailhouse Rock? (4) 11 Nosed around wretched dog’s tail? It could be rich! (10) 12 Select frozen sweet, not cold (6) 14 Sensible boy facing English in study (8) 15 Dodgy290 words
-
-
Page 22 Advertisements
-
Advertisement65 2013-08-14 22 m k)SS92 YACHT escape Set sail from Sentosa Cove and cruise into the sunset while enjoying canapes and champagne Tune in to Kiss92 to win your Girls' Night Out with DJs Maddy, Jason Arnold! Partner: White Sails E 'Js’Night facebook.com/kiss92fm ‘0kiss92fm www.kiss92.sg n m m. T n ii s HR65 words
-
-
2413 2013-08-14 23 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH2,413 words
-
Page 23 Advertisements
-
Advertisement70 2013-08-14 23 Legal services required by shippers owners Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse Can they find70 words
-
Advertisement63 2013-08-14 23 CONVENTIONAL CARGO SERVICE VESSEL VOY HKG SIN PKL Marine Victor 150 SLD 20/08 BJ Queen 1 23/08 25/08 Future Ace 144 24/08 Tropical Venus 77 12/09 SINGAPORE: BSA TRANSPORTATION PTE LTD 10 ANSON ROAD #12-04 INTERNATIONAL PLAZA S*****3 TEL: *****268 FAX: *****203 EMAIL: bsatpl@bsat.sg PORT KLANG: TIGA PINA SHIPPING TEL:63 words
-
Advertisement18 2013-08-14 23 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
-
-
Page 24 Advertisements
-
Advertisement78 2013-08-14 24 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II SpotlightAward Wins Certifications Come publicise your Award Wins Certifications, Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Corporate Image, Corporate Developments and Company Anniversary. There’s no78 words
-
Advertisement11 2013-08-14 24 TO ADVERTISE IN .The Business Times CALL JOE WONG AT *****32711 words
-
-
SINGAPORE STOCKS
-
Article3080 2013-08-14 25 Transaction date: Aug 13 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 8.8 3 A-Sonic --AAT Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld 11.5 7 AEM3,080 words
-
Article225 2013-08-14 26 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C'vr PIE Smil 3..225 words
-
Article10793 2013-08-14 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 0.9921/ Asian Smaller Cos!** 1 9635/ EIV Local Ccy Bond 0.9386/ European10,793 words
-
Article249 2013-08-14 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 52 31 Genting HK US$ US45 +0.5 4275 45 44 44.5 45 2963 Last 270 191 TanChongInt HK264cd -1 255 265 264 264 265 4.3 2.7249 words
-
Article893 2013-08-14 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 115.5 18 115.5 115 115 115.5 527.2 143 120.4 CIMB APAC Div 100S$D 133.5 -1 41 135.5 133.5 132.6 133.5893 words
-
-
FINANCE & COMMODITIES
-
Article582 2013-08-14 27 Aug 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.36 *****.00 *****.49 Sep13 *****.00 *****.00 *****.00 *****.00 ***** *****7 Dec13 *****.00 *****.00 *****.00 *****.00 8 ***** MSCI TAIWAN INDEX FUTURES SPOT 277.76 281.20 277.76 Aug13 275.60 279.80 273.80 279.10 ***** *****2 Sep13 274.30582 words
-
373 2013-08-14 27 In local curr In S$ In US$ dy yr dy yr dy yr Aug 12 Index Change Change Change Change Change Change World Preliminary 1090.2 0.0 16.2 0.1 17.6 -0.2 13.9 EAFE Preliminary 888.6 0.0 14.7 0.0 13.5 -0.3 9.9 Europe Preliminary 1277.3 0.1 11.3373 words
-
Article471 2013-08-14 27 Aug 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.943 5.594 0.687 7.086 55.946 94.015 0.893 10.188 2.978 1.143 93.754 39.963 1.155 9.061 0.848 27.375 28.556 0.591 0.914 Canada 1.060 5.931471 words
-
Article47 2013-08-14 27 Aug 13 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 1 mth 2 mths 0.***** 9 mths 12 mths Source: Thomson Reuters47 words
-
Article92 2013-08-14 27 Aug 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****V 07-Feb-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.03 100.10 100.10 5-Year N*****0T 0.592 words
-
Article136 2013-08-14 27 Aug 13 GOLD(US$/oz) Aug 13 Aug 12 Hong Kong 1346.30 1339.00 Aug 12 Aug 09 London 1340.94 1310.49 1341.80 1311.71 Source: Thomson Reuters CAST BAR Aug 13 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 122 54 5gm 346 270 10gm 617 540136 words
-
Article57 2013-08-14 27 Aug 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 13 2315.0 2330.0 2330.0 2315.0 9 718 Sep 13 2299.0 2326.0 2328.0 2299.0 1329 9120 Oct 13 2275.0 2297.0 2303.0 2271.0 ***** ***** Nov 13 2270.0 2291.057 words
-
Article155 2013-08-14 27 Aug 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1548 1.1552 0.9136 0.9137 Canadian dollar 1.2243 1.2250 0.9689 0.9686 Euro 1.6801 1.6806 1.3292 1.3293 NZ dollar 1.0106 1.0109 0.7995 0.7996 Sterling pound 1.9544 1.9550 1.5462 1.5463155 words
-
Article109 2013-08-14 27 Aug 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 13 1373.75 1340.75 1374.00 1338.25 Sep 13 1256.50 1218.50 1258.25 1217.00 Nov 13 1225.25 1182.25 1228.00 1183.00 Jan 14 1230.00 1188.00 1232.25 1189.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 13109 words
-
Article95 2013-08-14 27 Aug 12 COCOA (£/tonne) Close Prev High Low Sep 13 1655 1648 1669 1637 Dec 13 1655 1643 1662 1633 Mar 14 1639 1624 1642 1614 May 14 1637 1623 1641 1613 COFFEE(US$/tonne) Close Prev High Low Sep 13 1974 1963 1979 1949 Nov 13 1955 1949 1959 193595 words
-
1122 2013-08-14 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 (’000) Asia-Pacific Strategic W*****6 Ratio Acma Ltd W*****7 Price Albedo Limited W*****9 Disc Ascendas Reit MB ECW*****3 3.2 0.2 240 7 Asiatravel.com HoldingsW*****7 0.2 1 25 11 Asiatravel.com1,122 words
-
Article70 2013-08-14 27 CRUDE OIL PRODUCTS Aug 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.93 0.78 WTI (Near Mth) 106.15 0.11 Dubai (1-Mth F) 103.10 0.97 Tapis blend 115.07 1.09 Minas 107.77 1.09 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.92 0.92 Jet Kerosene 122.36 0.10 US$/barrel OpecOil Basket70 words
-
Article23 2013-08-14 27 Aug 13 Aug s$ Bid Offer 1-month 1.2639 1.2643 2-months 1.2639 1.2644 3-months 1.2640 1.2644 6-months 1.2640 1.2647 Source: OCBC23 words
-
Article66 2013-08-14 27 Aug-12 Aug-12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1837.55 1825.60 3 months 1885.00 1871.00 Copper, Grade A(US$/tonne) Cash 7227.75 7253.25 3 months 7251.00 7275.00 Lead(US$/tonne) Cash 2184.25 2168.50 3 months 2196.00 2180.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months66 words
-
Article121 2013-08-14 27 As at 9am Aug 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.179 1.123 Can dollar 1.250 1.202 Euro 1.720 1.639 Sterling pound 1.991 1.915 NZ dollar 1.033 0.994 US dollar 1.290 1.229 Local dollars to 100 units of foreign121 words
-
Article157 2013-08-14 27 Aug 13 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.08 US$ 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 0.50 0.30 9 months 0.60 0.40 12157 words
-
-
Page 28 Advertisements
-
Advertisement270 2013-08-14 28 STPROPERTYsg The Best of Malaysia’s Properties Are In Town FREE Registration Visit www.stproperty.sg/showcase for quicker access. 25 August 2013,9:30 am to 4 pm Stamford Foyer, Level 4, Raffles City Convention Centre, 80 Bras Basah Road, Singapore *****0 Discover Malaysia’s finest properties under one roof The STProperty Showcase STProperty partners with270 words
-
-
Page 29 Advertisements
-
Advertisement197 2013-08-14 29 ydi K LSEJIf Isibe M rsE 3RU SI i -‘V 'r jv A' -;V‘ v v 1 With access to more exchanges, the world is your oyster. Tap into global markets with our new Equity Research Tools. Open up your online trading to a host of new opportunities with access197 words
-
-
executive Money
-
Article, Illustration612 2013-08-14 30 WELLIAN WIRANTO - Mining sector-led boom turning into a drag on economy, but likely drop in rates and weaker currency offer recovery hopes WELLIAN WIRANTO The writer is Barclays, Asia Investment strategist I T’S another record low Down Under. As expected, the Reserve Bank of Australia (RBA)PHOTO: BLOOMBERG; Source: Bloomberg and Barclays - 612 words
-
Article, Illustration1446 2013-08-14 28 Best-paid women at each of the Standard Poor’s 500 Index companies earned 18 per cent less than male counterparts last year Bloomberg EVEN the few women who’ve managed to advance to the C-suite don’t get equal pay. Last year, of the five best-paidBloomberg; PHOTOS: BLOOMBERG, AFP - 1,446 words
-
Article, Illustration987 2013-08-14 29 Growth expected by Chinese authorities is still quite high: sovereign fund chief Bloomberg [OSLO] The head of the world’s biggest sovereign wealth fund said investing in China hasn’t lost its allure even after economic growth slowed. “We’ve noticed that there has been a– Bloomberg; PHOTOS: BLOOMBERG, REUTERS - 987 words
-
-
Page 30 Advertisements
-
Advertisement123 2013-08-14 30 D El JR/n DEAL LAUNCH PREVIEW Size Curre ncy USD 1.***** ***** ***** TEST-DRIVE OUR TRADING PLATFORM When you're short on time, every second counts. That's why we give you access to our award-winning CFD trading platform, without signing up. Browse thousands of global markets, plus view live prices, market123 words
-