The Business Times, 17 June 2014

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

Microfilm: NL33152
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    26 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, June 17, 2014G G
    26 words
  • Article
    Lock icon DBS pegs mortgages to fixed deposit rates
    831 1  -  Banks says it’s transparent and easier for customers to understand By SIOW LI SEN lisen@sph.com.sg @SiowLiSenBT [SINGAPORE] DBS Bank has introduced a new benchmark for its mortgages they are pegged to the bank’s fixed deposit rates, which it said is easier for customers
    831 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,290.26 (-2.99) HST INDEX FUTURES 3,290.00 (-4.00) HSIMSCI 373.66 (-0.60) ESIMSCI FUTURES 373.80 (unch) US$ S$ US$ (S$ per US$) 1.251 (US$/S$ per 1.698 2.124 EURO (US$/S$/€ 1.353 1.692 Foreign currency per US$ S$ YEN 101.90 81.50 RM 3.227 2.580 HK$ 7.752 6.197 BAHT 32.37 25.87 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      49 1 Monday Change KL COMP 1,871.58 -5.16 NIKKEI 225 14,933.29 -164.55 HANG SENG 23,300.67 -18.50 SET INDEX 1,471.85 +15.83 JAKARTA COMP 4,885.46 -41.20 MANILA COMP 6,758.45 -26.50 SEOUL COMP 1,993.59 +2.74 SHENZHEN B 831.47 +6.52 MUMBAI IND 25,190.48 -37.69 12 noon EDT Change DOW 16,731.96 -43.78 NASDAQ 4,303.93 -6.72
      49 words
    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE 5.35 MALAYSIA 6.55 INDONESIA 5.00 INDONESIA 15.449 KOREA 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
      20 words
  • Article, Illustration
    Lock icon May sales of private condos double from preceding month’s
    948 1  -  But momentum not expected to continue in June B)’ LYNETTE KH00 |ynkhoo@sph.com.sg @LynetteKhooBT [SINGAPORE] Developers’ sales of private homes nearly doubled in May from a month ago as new launches were priced to target buyers who have become more price-sensitive as
    Source: URA  -  948 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      152 1 SME INC Communicate better with social media WORLD CUP Some extra help for referees; CEOs and their bets PAGE 4 SPECIAL Country focus: Kazakhstan PAGE 10 PAGES 16-17 8 N 8 8 7 1 8 v'*****4 Cartier CALIBRE DE CARTIER DIVER MANUFACTURE MOVEMENT 1904 MC WATER-RESISTANT TO 300 METRES, THE
      152 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon Singapore climbs to 9th spot on global FDI rankings
      854 2  -  Foreign investors said to be keen to leverage Republic with upcoming AEC By CHUANG PECK MING peckming@sph.com.sg [SINGAPORE] With the birth of the Asean Economic Community just around the corner, foreign investors seem to be turning their attention back to Singapore.
      854 words
    • Article
      Lock icon US factory output up 0.6% in May
      417 2 Another report shows June pick-up in manufacturing LATEST US DATA Bloomberg [WASHINGTON] Industrial production climbed more than forecast in May, a sign that gains in manufacturing are supporting growth as the US economy picks up. Output at factories, mines and utilities rose 0.6
      Bloomberg  -  417 words
    • Article, Illustration
      Lock icon Budget device for multiple health tests
      513 2  -  CommunicAsia 2014 By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT [SINGAPORE] For years, patients here have had to contend with long waits, considerably high costs and non-comprehensive health tests when they seek medical care. But these pains may soon be a thing of the past, according to
      513 words
    • Article
      Lock icon More spectrum to be freed up for broadband-type services
      559 2  -  New rules framed after conclusion of public consultation BY AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyC BT [SINGAPORE] The government will soon introduce regulation for the use of radio spectrum in the TV White Space (TVWS) that is, the unused spectrum within TV
      559 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      344 2 DBS pegs mortgages to fixed deposit rates DBS Bank has introduced a new benchmark for its mortgages they are pegged to the bank’s fixed deposit rates, which it said is easier for customers to understand and is pretty transparent. FRONT PAGE Sales of private condos double in May
      344 words
    • Article, Illustration
      Lock icon The BT-Coca-Cola World Cup Charity Drive
      398 4 JUNE 18 Belgium vs Algeria(12mn) Jeffrey Seah CEO for Southeast Asia, Starcom MediaVest Group Southeast Asia This is Belgium’s Golden Generation their first bestowal as favourites on the international stage. Borne from a youth blueprint drawn up after Italia'90, this team comes from an
      398 words
    • Article, Illustration
      Lock icon Making the Beautiful Game even more lovely
      597 4  -  Use of technology to minimise refereeing errors is most welcome COMMENTARY LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT Correspondent THE referees at this year’s World Cup in Brazil have a couple of extra tools in their arsenal as they officiate their way through the month-long tournament.
      597 words
    • Article, Illustration
      Lock icon No deliberate move to keep Blatter out of sight: Fifa TV boss
      573 4 He defends ‘editorial decisions’ taken by production team Reuters [RIO DE JANEIRO] Fifa’s TV producers are not deliberately keeping images of Fifa president Sepp Blatter and Brazil president Dilma Rousseff off screens, Niclas Ericson, the head of Fifa
      Reuters; PHOTOS: REUTERS, AFP  -  573 words
    • Article
      Lock icon Capitol Hill shows very little interest in following World Cup
      467 4 AFP [WASHINGTON] Despite one of their own nearly becoming a pro soccer star, few US lawmakers will join the rest of humanity and drop everything to watch the World Cup. American sports such as basketball, baseball and that other football
      AFP  -  467 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      32 2 The only authorized authentic cassma.com ft l5i 1 a 7 aa mam M Design first. “LC4” by Le Corbusier. Jeanneret, Perriand and Cassina. DREAM 456 River Valley Road, Singapore *****2 +********** www.dream.com.sg
      32 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      199 3 ,*~g A TEST DRIVE IS ALL IT TAKES TO TURN DRIVERS INTO FANS. EXPERIENCE THE ESSENCE OF LUXURY WITH THE LEXUS ES, The world's best-selling Lexus sedan, the Lexus ES, is designed to captivate drivers and passengers like never before. From its ergonomically designed seats to the distinctive hand-stitched dashboard
      199 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      74 4 SPAIN vs CHILE Win a Sony 4K TV! Sony X8500B 55” GUESS THE SCORE Your chance to be the first to own the latest 55-inch 4K Sony TV in our Guess-the-Score contest– Check it out at www.businesstimes.com.sg Get your free A2 glossy World Cup schedule poster, while stocks last, at:
      74 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon New freedom for SingTel customers
      740 5  -  Telco offers bespoke mobile plans that users can adjust regularly B)’ JAMIE LEE |eejamie@sph.com.sg @JamieLeeBT SINGTEL has offered a way for its customers to customise their mobile plans regularly a move that analysts see as a means to keep its fair-weather customers. This offering, which
      740 words
    • Article
      Lock icon Huan Hsin selling stake in notebook mould-maker
      254 5  -  By KELLY TAY kellytay@sph.com.sg @KellyTayBT HUAN Hsin Holdings, a notebook-casing producer that was placed on the Singapore Exchange (SGX) watch-list in March following three consecutive years of losses, is selling its 30 per cent stake in Li Sheng Electronic (Kunshan) or LSE for
      254 words
    • Article
      Lock icon DBS buys rest of HK credit card company for HK$546m
      305 5  -  By SIOW LI SEN lisen@sph.com.sg @SiowLiSenBT DBS Group Holdings has acquired the rest of a Hong Kong credit card company for HK$546 million (S$88 million). In a filing to the Singapore Exchange, the bank, via wholly owned DBS Hong Kong,
      305 words
    • Article
      Lock icon Yoma pushes ahead with Landmark deal
      602 7  -  Transaction based on existing lease as tenure extension pending approval By ANITA GABRIEL anitag@sph.com.sg @AnitaGabrielBT TIRED of waiting for the lease extension for two plots of land in Yangon which Yoma Strategic plans to acquire, the Myan-mar-focused firm has opted to go ahead with
      602 words
    • Article, Illustration
      Lock icon May PLF up slightly for SIA and SilkAir
      407 7  -  SIA Cargo also registers a small rise in cargo load factor By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT SINGAPORE Airlines (SIA) saw a 0.3 percentage point improvement in passenger load factor (PLF) to 74.9 per cent in May as the increase in passenger carriage
      ST FILE PHOTO  -  407 words
    • Article
      Lock icon Fitch expects 50% credit for Noble’s hybrid securities
      304 7 FITCH Ratings said Hong Kongbased and Singapore-listed commodity player Noble Group’s proposed hybrid capital securities will likely receive 50 per cent equity credit and will not affect the company’s Issuer Default Rating (IDR) of BBB- with Stable Outlook. “We expect 50 per
      304 words
    • Article
      Lock icon Alstom bid: Mitsubishi, Hitachi eye clout
      677 8 Siemens set to present an offer for French firm ahead of June 23 cut-off date set by GE for its bid Reuters [TOKYO] Mitsubishi Heavy Industries’ involvement in Siemens’ bid for the power assets of France’s Alstom fits in with the Japanese company’s plans
      Reuters  -  677 words
    • Article
      Lock icon Ralec’s bid for ASJ: acceptances rise to 74.32%
      190 8  -  Reports by KELLY TAY kellytay@sph.com.sg @KellyTayBT TAIWAN’S Ralec Electronic Corp, which is looking to take chip resistors maker ASJ Holdings private, has received valid acceptances representing 74.32 per cent of the total issued share capital of ASJ. Ralec announced yesterday evening that
      190 words
    • Article
      Lock icon TT International to raise $24.8m from placement
      225 8 CONSUMER electronics and furniture group TT International (TTI) expects to raise net proceeds of $24.8 million from a proposed placement of up to 167.3 million new ordinary shares at 15.45 cents each. The price is a discount of approximately 9.9 per cent from
      225 words
    • Article
      Lock icon Samsung bulks up on bonds with its US$60b cash pile
      259 8 Reuters [SEOUL] Samsung Electronics is buying more local bonds with its US$60 billion cash pile as domestic banks grow reluctant to overload on deposits from the South Korean giant. The investments by the world’s biggest smartphone maker underscore the challenge
      Reuters  -  259 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      66 5 JUNE ISSUE OUT NOW! SMART WATCHES ARE HERE BUT DO YOU REALLY NEED ONE? H GOOGLE AND V FACEBOOK'S TECH BUYOUTS IFA 2014 GLOBAL PRESS CONFERENCE CAN MIRRORLESS TECHNOLOGY SAVE DIGITAL CAMERAS? IN THIS ISSUE 3-WAY TABLET SHOWDOWN WIRELESS BLUETOOTH SPEAKERS •THE COST OF CGI Receive a prolink PWP105G 2.4
      66 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      66 5 www.comexshow.com.sg SINGAPORE’s LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IS BACK! 28 31 August 2014 SUNTEC Singapore Levels 3, 4 6 Sell your tech products services to over 600,000 consumers directly Leverage on an unrivalled publicity campaign Book Your Space NOW! *Limited BoothsAvailable (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR,
      66 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 3
      196 5 WORLD’S FINEST SERVICED OFFICES SERVICED OFFICES For the 1-10 person business v Fully furnished prestigious offices v Business registration offices available v Dedicated receptionist answering your calls the way you would like v Meeting rooms, bilingual secretaries v Global IT infrastructure v 5 days free at any location across the
      196 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon World Cup 1, ST Index 0
      533 6  -  Trading volume and value yesterday were at about two-thirds of January-May daily average STOCKS KENNETH LIM kenlim@sph.com.sg @KennethLimBT Correspondent THE World Cup’s red-eye matches must have kept a good number of Singaporeans awake, because the stock market sure didn’t. Singapore stocks struggled to get
      Source: Bloomberg  -  533 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Jun 16 VALUE CLOSE BT OB/OS -181.00 -46.00 BT CADI -*****.00 -77.00 BT 10-day MA -*****.00 -18.00 FTSE ST Mid Cap 771.12 +1.11 FTSE ST Small Cap 555.52 -1.41 FTSE ST All Share 801.34 -0.51 FTSE ST China Top 198.71 -1.16 FTSE ST China 226.36 -1.57 FTSE
      77 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 7 6 0 0 0 2 7 6 Manufacturing 36 57 41 5 13 10 41 70 51 Commerce 24 15 19 3 7 1 27 22 20 Tpt/Stor/Comms 11 19 12
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      1029 6  -  Compiled by KENNETH LIM Consumer sector OCBC Investment Research, June 16 FSTCS (FTSE Consumer Services Index) and FSTCG (FTSE Consumer Goods Index) indices’ forward PE levels have been inching upwards since a low in February 2014 YTD. The bull run has been sustained for about four months now
      Source: Bloomberg  -  1,029 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 13,443 13,443 40,250 40,250 Manufacturing 382,022 167,747 549,769 107,304 20,302 127,606 Commerce 119,688 82,746 202,434 99,930 4,409 104,339 Tpt/Stor/Comms 69,468 2,144 71,612 99,572 339 99,912 Finance 21,909 245 22,154 95,316 78 95,394 Construction 21,457 35,990
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      118 6 Stock name Close Change Ascendas Reit 2.290 CapitaLand 3.170 -0.060 CapitaMall Trust 1.970 -0.015 CityDev 10.420 -0.060 ComfortDelGro 2.480 +0.030 DBS Grp 17.100 -0.030 Genting Sing 1.330 -0.005 Global Logistic 2.660 -0.020 Golden Agri-Res 0.575 HPH Trust USD 0.745 HongkongLand USD 6.730 -0.090 JMH 400 USD
      118 words
    • Article, Illustration
      Lock icon Rupee at its lowest in more than a month
      561 6 CURRENCIES Reuters [MUMBAI] The Indian rupee weakened to its lowest level in more than a month yesterday as surging crude oil prices threatened to push up domestic inflation pressures and aggravate the country’s current account deficit. Alongside, data showed wholesale price
      Reuters; PHOTO: BLOOMBERG  -  561 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME W Corp 131,291,000 APAC Strategic 75,171,000 Addvalue Tech 56,154,000 Mirach Energy 52,930,000 Lereno Bio-Chem 39,903,000 KLW R 38,443,000 Albedo 36,364,000 SIIC Environment 34,714,000 Noble 32,979,000 Oceanus 31,434,000 VALUE($) Noble 46,370,139 DBS Grp 40,324,376 CapitaLand 34,834,242 JMH 400 USD 29,862,869 SingTel 28,591,470 OCBC Bank 28,088,668 Keppel Corp
      60 words
    • Article
      Lock icon RISES
      116 6 BY CENTS CLOSE UP Lyxor ThaiSET 10US$ ***** 177.6 1.1 GLD 10US$ ***** 73.8 0.5 DBXT AUD Bonds 5AU$ ***** 72.8 0.3 DBXT USDIGInfl 5US$ ***** 72.5 0.2 JSH 500 USD 3659 50.0 1.1 JMH 400 USD 6159 47.5 0.6 CIMBASEAN40 100S$D 1350 29.0 2.2 Vicom 629 24.0 4.0
      116 words
    • Article
      Lock icon FALLS
      129 6 BY CENTS CLOSE DOWN Lyxor Indonesia10US$ 8736 -160.1 -1.4 DBXT EONIA 5US$ ***** -86.3 -0.4 DBXT AUDCS 5US$ ***** -68.8 -0.3 Jardine C&C 4460 -60.0 -1.3 DBXT MSEurope 10US$ 6318 -53.8 -0.7 Lyxor AsiaCS 10US$ 5962 -47.5 -0.6 DBXT iBoxxKR 5US$ ***** -38.8 -0.2 DBXT E50 10US$ 5516 -35.0
      129 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      289 7 *FOR LIMITED PERIOD ONLY! ASUS recommends Windows. Free 3 Years On-Site Service Upgrade! Enjoy a free upgrade to 3 years next business day on-site warranty (worth S$349)! Business Notebooks Premium Performance with Total Data Protection Trusted Platform Module (TPM) 3X Hard Disk Protection Fingerprint Reader PU301LA-RO049G Intel®CoreTMi5-4200U Processor 3M Cache
      289 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      202 8 Always Be Discovering with The Business Times Indulge in top quality French wines selected by one of the best sommeliers of France m Vv rtri urn/ WmSiKi vaik uFtut n itun ntKuniif I" r ft CELl HU NCH y CELLAR WINE TASTING GUIDE M OA 'L~ m R O C
      202 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article
      Lock icon A*Star to woo more Korean SMEs to S’pore
      443 9  -  Centre opened to facilitate co-development of products By SHEENA TAN tsheena@sph.com.sg THE Agency for Science, Technology and Research (A*Star) is looking to woo more Korean biomedical start-ups and SMEs (small and medium-sized enterprises) into coming here, having already drawn the giants here
      443 words
    • Article, Illustration
      Lock icon Sentosa’s new multimedia show opens today
      333 9  -  By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT IT is curtains up for Sentosa’s newest entertainment offering from today a show featuring multimedia effects, water fountains and pyrotechnics called Wings of Time. This takes the place of Songs of the Sea, which ended last month after a
      333 words
    • Article, Illustration
      Lock icon LTA trial cuts bus wait time by up to half a minute
      359 9  -  By RAPHAEL LIM raphlim@sph.com.sg COMMUTERS on certain SMRT and SBS Transit bus services have experienced a fall in waiting times in the first three months of the Bus Service Reliability Framework (BSRF) trial, which began in February. Excess
      FILE PHOTO  -  359 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Retail innovation centre opens
        97 9 THE Singapore Institute of Retail Studies (SIRS) yesterday launched the Retail Innovation Centre for Enterprises (RICE) to deliver training and showcase technology options for the retail sector. Announced by Senior Minister of State for Manpower and Health Amy Khor, the centre is housed at SIRS’ new
        97 words
      • Article
        Lock icon SHRI, Asme sign MOU on strategic tie-ups
        78 9 SINGAPORE Human Resources Institute (SHRI) and Association of Small and Medium Enterprises (Asme) yesterday signed a memorandum of understanding (MOU) to form strategic partnerships that will benefit members from both organisations. Asme will provide associate membership to SHRI and extend its events to
        78 words
    • Article
      Lock icon DBS, POSB ATMs, online services down for 5 hrs
      332 9  -  By KELLY TAY kellytay@sph.com.sg @KellyTayBT DBS and POSB ATMs as well as online banking services were affected by a “connectivity issue” yesterday, which had roiled customers trying to withdraw cash and use their NETS cards. In response to queries from The
      332 words
    • Article
      Lock icon MDA names board to put together first media festival
      274 9 NINE global media professionals have been roped in to put together the inaugural Singapore Media Festival (SMF), which is set to be one of the region’s premiere film and TV events. Unveiling a nine-mem-ber advisory board yesterday, the Media Development Authority
      274 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      18 9 STAND TO WIN UP TO $9,888 WORTH OF PRIZES! Look out for lucky draw coupons from major newspapers.
      18 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      120 9 Singapore Gifts Premiums Fair 2014 16-18 July 2014 Marina Bay Sands, Singapore See a huge variety of new and innovative products on display, providing inspirational promotional ideas! Free Admission! Register at www.SGPFair.com/visitl 1* To Exhibit: Email: SGPFair@bizlink.com.sg Tel: (65) 6848 5939 www.SGPFair.com Organised By: BH I I K I Join
      120 words
Page thumbnail Page 10
  • SME Inc
    • Article, Illustration
      Lock icon Communicate better with social media
      1113 10  -  By appealing to customers’ intellect as well as emotions with an online presence, businesses can engage buyers more effectively By ULRIKE MARIANNE MURFETT DAVID YEW The writers are senior lecturers in the division of strategy, management and organisation at NTU’s Nanyang Business School MOST businesses
      PHOTO: BLOOMBERG  -  1,113 words
    • Article, Illustration
      Lock icon Each-A-Cup runneth over in a market for healthy bubble tea
      708 10  -  Sugar-free options and high quality keep the tills ringing By KARA QUEK karaquek@sph.com.sg BUBBLE tea chain Each-A-Cup is offering a wider range of healthy drinks on its menu as it strives to keep pace with its more health-con-scious clientele. While
      FILE PHOTO  -  708 words
    • Article, Illustration
      Lock icon It pays to plan for succession early
      880 11  -  OE Manufacturing’s MD says capitalising on young minds helps pave the way for handing over the reins to his kids, reportsSHEENA SHEENA TAN tsheena@sph.com.sg FAR from keeping a tight rein on the business, OE Manufacturing’s managing director, James Wong, has no qualms passing
      PHOTO: YEN MENG JIIN  -  880 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      63 10 Flexible working Investment opportunities for your property thi Sr Maximise the potential of your property by becoming part of the world’s largest flexible workspace network. We’re interested in a whole range of space, including traditional office buildings but a lot more besides from the CBD to retail parks, shop houses
      63 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      245 11 > A 111 illl A MS m m The C-Class Coupe 1- Wa f I The SLK-Class J. 'J J jr rx/i The E-Class Saloon The CLS-Class Whatever your lifestyle, drive off in style. Book now to enjoy 10% Financial Booster and an early bird bonus. Stay ahead on the
      245 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      6560 12 THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders (as defined below) are in doubt about any aspect of the Proposal (as defined below) and/or the action they should take, they should seek their own financial advice from their stockbroker, bank manager, solicitor, accountant or other
      6,560 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      6393 13 If the Extraordinary Resolution for a Series is duly passed at the relevant Meeting but the Scheme does not become effective and binding in accordance with its terms, the Conditions of the Notes will not be amended to include the Call Option in the Conditions of the Notes and the
      6,393 words
Page thumbnail Page 14
  • WORLD
    • Article, Illustration
      Lock icon 2003 Iraq invasion did not stoke current crisis: Blair
      736 14 He urges West to take targeted military action Reu ters NYT [LONDON] Former British prime minister Tony Blair said it was “profoundly wrong” to think that the 2003 Anglo-US invasion of Iraq helped stoke the current crisis and urged the West
      Reuters; NYT  -  736 words
    • Article
      Lock icon BOJ asset buying plan freezes govt bond trading
      583 14 JGB 12-month trading average dips to record 39.6t yen in April Bloom berg [TOKYO] The Bank of Japan’s (BOJ) unprecedented asset purchase programme has released a creeping paralysis that is freezing government bond trading, constricting the yen to the tightest range on
      Bloomberg  -  583 words
    • Article
      Lock icon Thailand denies ‘sweep and clean’ policy
      414 14 Military says it did not drive illegal foreign workers out of the country Reuters [BANGKOK] Thailand’s junta denied reports yesterday that they were pursuing a “sweep and clean” policy of driving illegal foreign workers out of the country, despite mass departures by fearful Cambodians
      Reuters  -  414 words
    • Article, Illustration
      Lock icon Indonesian candidates’ plans face budget constraints
      511 15 Widodo, Prabowo offer differing paths to generate growth and govt revenue Bloomberg [JAKARTA] Indonesia’s two presidential candidates offered differing paths to generating growth and government revenue, as their pledges to improve incomes, health care and education confront the reality of budget constraints. Joko Widodo,
      Bloomberg; PHOTO: AFP  -  511 words
    • Article
      Lock icon SocGen’s sukuk reinforces M’sia’s position as Islamic hub
      681 15 French bank sets up RM1b multicurrency syariah programme Bloomberg [KUALA LUMPUR] Societe Generale SA’s plan to sell ringgit sukuk shows Malaysia’s advantage in luring debut sales as Islamic finance expands beyond its traditional strongholds. France’s third largest banking group by assets, has
      Bloomberg  -  681 words
    • Article
      Lock icon China’s piecemeal policies show effect
      523 15 PBOC’s four low-key adjustments have added 550b yuan into system Reuters [BEIJING] China’s piecemeal approach to loosening monetary policy this year may be discreet, but the cumulative effect is proving just as powerful as an outright cut in bank reserves. Wary of being criticised for
      Reuters  -  523 words
    • Article, Illustration
      Lock icon Medtronic buys Covidien for US$43b
      696 18 It will move HQ to Ireland to take advantage of lower corporate tax rate Reuters [NEW YORK] US medical device maker Medtronic Inc said that it agreed to buy Dublin-based Covidien plc for US$42.9 billion and shift its executive headquarters to Ireland in the latest
      Reuters; PHOTO: BLOOMBERG  -  696 words
    • Article
      Lock icon Oil prices up in the air over Iraqi violence
      713 18 But analysts say prices will average US$116 by year-end Bloomberg [NEW YORK] Brent crude was projected by Wall Street analysts to average as much as US$116 a barrel by the end of the year. Now, with violence escalating in Iraq, how
      Bloomberg  -  713 words
    • Article, Illustration
      Lock icon Pelosi still richest among Democrat House leaders
      837 18 House Republicans will soon lose their wealthiest leader Bloomberg [WASHINGTON] The wealthiest Democrat in US House leadership held her title while the top Republican leader, Eric Cantor, will lose his at the end of next month. House Democratic leader Nancy Pelosi and her
      Bloomberg; PHOTO: BLOOMBERG  -  837 words
    • Article
      Lock icon Asia-Pac corp debt expected to overtake US, Europe
      291 18 Bloomberg [HONG KONG] Corporate issuers globally will seek about US$60 trillion in new debt and refinancing till 2018, with the majority of that growth and its attendant risks concentrated in the Asia-Pacific region, Standard Poor’s said. Debt in the region will overtake
      Bloomberg  -  291 words
    • Article
      Lock icon IMF sees 2% growth for US in 2014 despite ‘meaningful rebound’
      625 20  -  Better growth prospects should bring progress in job creation, it says By ANTHONY ROWLEY in Tokyo AFTER a slow start to the year caused by a harsh winter, the US economy has enjoyed a “meaningful rebound”, but growth is
      625 words
    • Article, Illustration
      Lock icon Trade deals worth US$30b on the table as Premier Li visits UK
      585 20 Reuters [LONDON] Trade deals worth more than US$30 billion are on the table as Chinese Premier Li Keqiang flies into Britain for the first time since taking office, with both sides keen to take relations beyond recent difficulties.
      Reuters; PHOTO: REUTERS  -  585 words
    • Article, Illustration
      Lock icon Foreign bribery by Japanese companies must stop: OECD
      632 20  -  Its low level of enforcement is of ‘serious concern’ BY ANTHONY ROWLEY in Tokyo JAPAN has come in for unusually harsh criticism from the Organisation for Economic Co-operation and Development (OECD) over its alleged “extremely low level of enforcement” of regulations to
      PHOTO: REUTERS  -  632 words
    • Article
      Lock icon Manila calls for freeze on provocative action in S China Sea
      478 20 AFP [MANILA] The Philippines yesterday called on nations with overlapping claims in the South China Sea to halt all action that could provoke tensions in the area, amid fears of China’s expansionism. Foreign Secretary Albert del Rosario said that
      AFP  -  478 words
    • Article
      Lock icon US oil demand outstrips China for the first time since 1999
      553 20 Reuters [LONDON] Oil demand in the United States grew at the fastest pace in the world in 2013, outstripping China for the first time since 1999 as the globe’s top economy reaped the benefits of a shale boom, oil
      Reuters  -  553 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      127 14 Use the Chope Reservation feature in The Straits Times SoShiok website or mobile app to make a dinner reservation and stand to win dining vouchers worth $5,000! Making a restaurant booking has never been this rewarding, with the SoShiok x Chope Dinner Reservation Contest. Don’t miss the chance to be
      127 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      1793 15 TRANSCU GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0320E) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 17 June 2014 issued by Transcu Group Limited (“Circular”). NOTICE IS HEREBY GIVEN that
      1,793 words
Page thumbnail Page 16
  • COUNTRY FOCUS: KAZAKHSTAN
    • Article, Illustration
      Lock icon Mulling key issues in development
      1432 16  -  Topics covered at the Astana Economic Forum reflect its role in shaping global opinions on key economic issues. Reports by Vincent wee Reports byVINCENT byVINCENT WEE THE role the Astana Economic Forum (AEF) plays as an internationally recognised conference to discuss the world’s current economic
      PHOTO: REUTERS  -  1,432 words
    • Article
      Lock icon Kadex boosts Kazakhstan’s defence industries
      365 16 KAZAKHSTAN’S expertise in the defence industry was on show at the Kazakhstan defence expo, Kadex 2014, where some 300 companies from 27 countries showed off the latest military hardware. Held in Astana, the event was also an opportunity to bring together various defence interest groups
      365 words
    • Article, Illustration
      Lock icon Forging ahead together in Eurasia
      992 17  -  The full customs union effective early next year will create the largest common market in the former Soviet states. Reports byVINCENT VINCENT WEE THE vision of building a common economic zone in Central Asia was a step closer to being realised at this year’s sitting
      PHOTO: AFP  -  992 words
    • Article, Illustration
      Lock icon Festivities in store for Astana Day
      337 17 A highlight will be a music competition that will showcase new performers AS Astana Day rolls around, the city is once again preparing to celebrate as it marks its 16th anniversary. Among the activities planned is the culmination of a music competition that will
      337 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      85 16 ’Ml L :’.j s®»7. Dur responses to the widespread energy crisis today will define the legacy, left/ erations. Through action, me can take positive steps to relook at energy consumption arid, create new ideas to overcome challenges. At EXPO 2017 in Astana, itavaW h<?tpn will cihift it« fori fe -toi
      85 words
Page thumbnail Page 17
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      49 18 HOT PROPERTY i Vil 200)“ 1 2N $,A r H i9 h ht 400 2mins MRTjjovg/^- 2 7%8°5%% s N oTTo P n S !S5R,'£ “"““is OFFICE FOR RENT Check this and many other properties in The Straits Times Classified now! THE STRAITS TIMES CLASSIFIED -BUY IT-SELL IT-FIND IT-
      49 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      443 19 Broadcasthsia2014 Communlcnsia2B14 [nteronsBMT2014 www.Broadcast-Asia.com Level 4 5 www.CommunicAsia.com www.goto-enterpriselT.com Basement 2, Level 1 3 17-20 June 2014 Marina Bay Sands Asia’s ONLY one-stop platform with the largest gathering of brand owners and manufacturers for infocomm, entertainment and broadcasting industries Gain Insights Gain insightful knowledge and engage in discussions by 370
      443 words
Page thumbnail Page 20
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      1075 21 THE BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF M ASIA TRAVEL PTE. LTD. (PROVISIONAL LIQUIDATORS APPOINTED) Company Registration No. *****0083R NOTICE OF MEETING OF CREDITORS Notice is hereby given that pursuant to Section 296 of the Companies Act Cap. 50,
      1,075 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      3886 21 SMRT CORPORATION LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****1855H) (the “Company”) NOTICE OF FIFTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at Marina Mandarin Ballroom, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina
      3,886 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon KL’s invest plan for tax agency a bad idea
      520 22 EDITORIAL A BILL to amend the Inland Revenue Board of Malaysia Act 1995 is a bad idea to begin with. Its passage would allow the finance minister currently Prime Minister Najib Razak to set up an investment panel within the Inland
      520 words
    • Article, Illustration
      Lock icon Stocks, bonds send mixed signals about US economy
      757 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group SOMETHING interesting, unpredicted and possibly worrisome is occurring on financial markets. Stocks and bonds are sending mixed and conceivably contradictory signals on the economic outlook. Stocks are routinely setting new records, suggesting
      The Washington Post Writers Group  -  757 words
    • Article, Illustration
      Lock icon Messaging apps: What they mean for brands
      1232 22  -  Consumers want content that improves their experience, not spam on a new medium By PRASHANT KUMAR The writer is president of IPG Mediabrands, World Markets Asia. Research and images courtesy of IPG MediaLab WE have already seen Facebook’s US$19 billion purchase of WhatsApp
      Source: IPG MediaLab  -  1,232 words
    • Article, Illustration
      Lock icon Fighting Godzilla of asset inflation
      1055 23  -  The monster is finally coming under attack from IMF’s slide rules and common sense on the key issue of property prices ANTHONY ROWLEY Tokyo Correspondent AN odd thing about Godzilla is that, terrifying in size and aspect as it can be when it towers above
      PHOTO: BLOOMBERG  -  1,055 words
    • Article
      Lock icon What can firms do to prevent graft?
      735 23  -  By YVONNE WENDELL WONG, YVONNE ONG The writers are, respectively, director and associate at Drew Napier LLC CORRUPTION has been described as a “cancer” in society. No company is immune to this “cancer”. In every corrupt transaction, there is a “giver” of a
      735 words
    • Article, Illustration
      Lock icon Myanmar in a rush to reinvent itself
      823 23  -  BY SHU-CHING JEAN CHEN By in Hong Kong IVAN Ko, Hong Kong charter chairman of a real estate industry association in China, makes an apt observation about Myanmar. He compares it not to the old China but to its largest commercial city, Shanghai,
      PHOTO: AFP  -  823 words
    • Article
      Lock icon SingTel push into digital ads is risky
      334 23 LETTER TO THE EDITOR TWO years after investing US$321 million in Amobee and still not turning in a profit although revenue doubled in 2013, SingTel now decides it needs to spend a further US$359 million to buy another two companies, Adconion and Konterra
      334 words
Page thumbnail Page 23
Page thumbnail Page 24
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Airbus to revamp A330, but will keep eye on lifting profits
      789 24 Company to decide launch of the re-engined version before year-end Re uters [TOULOUSE] Airbus mapped out a potential revamp of its A330 jet, but vowed not to let the estimated US$2 billion investment divert it from improving profits at
      Reuters; PHOTO: AFP  -  789 words
    • Article
      Lock icon Nato denies link to vanishing jets in Europe
      444 24 Dozens of planes briefly disappeared from radar recently Reuters [LONDON] The North Atlantic Treaty Organization (Nato) has denied reports linking it to recent incidents in which dozens of aircraft briefly vanished from air traffic control radar screens in Austria, Germany, the Czech
      Reuters  -  444 words
    • Article
      Lock icon US thwarts Norwegian Air’s long-haul plans
      580 24 Bloomberg [LONDON] Norwegian Air Shuttle AS said that a planned long-haul discount network operating out of London risks being stymied by US opponents who claim that a push to trim costs by basing planes in Ireland undermines labour standards. While a largely trans-At-lantic timetable
      Bloomberg  -  580 words
    • Article
      Lock icon TRANSPORT STOCKS
      230 24 SGX '000 Jun 16 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.29 -0.01 393 S$ Cwt Limited................1.72 -0.03 462 Ezra Hldgs 1.14 unch 4646 First Ship Lea 0.45 Grand Banks...............0.27 -0.01 346 Jaya Hold Ltd K1Ventures 0 29 -0.01 Keppel Corp 10.77 -0.01 2426 Mercator Lines............0.10 unch
      230 words
    • Article
      Lock icon Scam-tainted US port authority to sell bonds
      311 24 Reuters [WASHINGTON] Despite the continued fallout of the “Bridgegate” scandal, the Port Authority of New York and New Jersey is selling US$400 million bonds. The Securities and Exchange Commission (SEC) is conducting a parallel investigation of the scandal to the New York County
      Reuters  -  311 words
  • Page 24 Advertisements
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      326 24 CRYPTIC CROSSWORD Across 1 Cave-dweller having year in grotto led out (10) 6 Lincoln, familiarly and primarily a murder victim (4) 9 Closely watch board with regard to covering bills (4,4,2) 10 Only minutes before (4) 12 Start of hymn tune, it grows on one (4) 13 A number with
      326 words
Page thumbnail Page 25
  • Article
    Lock icon SHIPPING TIMES
    1176 25 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 BEACH ROAD #02-02 THE
    1,176 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      81 25 Experienced ship maintenance findyou y r I services services wanted, here mthe Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times I IIL UUJIHLJJ I IIVILJ Shipping Times Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services
      81 words
Page thumbnail Page 26
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3949 26 Transaction date: Jun 16 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 13.3 10.4 8Telecom Last Sale Vol Day Last Quote --AAT Div Gr Yld C'vr Net 163.3 102.4 AIMSAMP Cap Reit
      3,949 words
    • Article
      Lock icon SGX CATALIST
      425 27 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 32 23 t 3Cnergy 500 Last Vol Day 1.9 0.9 t Advanced Systems 1.1 +0.1 3391 1.1 1 1 1.1 21.4 Last Quote Div
      425 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10130 27 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** undcl A! Aberdeen Asset Mgt Asia Limited 1.58/ EM Local Ccy Bond Aberdeen Asset Mat Asia Limited Global Emerging Markets!** 0.9868/ China Opportunities USD!** China Opportunities!' 2.0361/ Pacific Equity USD!** EM Local Ccy Bond S'pore
      10,130 words
    • Article
      Lock icon GLOBALQUOTE
      249 27 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 62 40.5 AVJennings A57.5 -2.5 2 57.5 57.5 56.5 59.5 3.6 6.1 4.7 212.9 Company 343 191 TanChongInt HK334 unch 141 338 334 333 335 9.7 3.1
      249 words
    • Article
      Lock icon SGX ETF
      1122 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF 115 +0.3 23 115 114.5 114.9 115 525 135.5 119 CIMB APAC Div 100S$D 131.3 +0.5 131.3 131.3 129.9 132.5
      1,122 words
Page thumbnail Page 27
Page thumbnail Page 28
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      652 28 Jun 16 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.61 *****.75 *****.15 Sep14 *****.00 *****.00 *****.00 *****.00 ***** *****7 Dec14 *****.00 *****.00 *****.00 *****.00 0 ***** MSCI TAIWAN INDEX FUTURES SPOT 328.47 328.97 327.39 Jun14 328.10 328.50 326.80 328.00 ***** *****3 Jul14 322.80
      652 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 28 In local curr In S$ In US$ dy yr dy yr dy yr Jun 13 Index Change Change Change Change Change Change World Preliminary 1228.1 0.0 3.7 0.1 2.9 0.0 3.9 EAFE Preliminary 975.0 -0.2 2.0 -0.1 1.7 -0.2 2.7 Europe Preliminary 1412.1 -0.5 4.2
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 28 Jun 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.020 5.836 0.694 7.276 56.443 110.919 0.957 9.573 3.029 1.082 92.429 41.230 1.174 10.103 0.845 28.189 30.378 0.553 0.939 Canada 0.980 5.721
      471 words
    • Article
      Lock icon SIBOR
      39 28 Jun 16 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 3 mths 6 mths 6 mths Source: Thomson Reuters
      39 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      76 28 Jun 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.22 5-Year NX*****W 2.5 01-Jun-19 105.74 105.75 105.75 10-Year NX*****H 2.750 01-Jul-23 103 103.02
      76 words
    • Article
      Lock icon PRECIOUS METALS
      120 28 Jun 16 GOLD(US$/oz) Jun 16 Jun 13 Hong Kong 1285.00 1280.00 Jun 13 Jun 12 London 1273.60 1272.26 1274.45 1273.03 Source: Thomson Reuters CAST BAR Jun 16 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 78 49 5gm 309 255 10gm 575 512
      120 words
    • Article
      Lock icon PALM OIL
      57 28 Jun 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 14 2449.0 2440.0 2449.0 2429.0 401 6711 Jul 14 2441.0 2432.0 2446.0 2422.0 9749 ***** Aug 14 2440.0 2428.0 2445.0 2420.0 ***** ***** Sep 14 2438.0 2428.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 28 Jun 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1737 1.1746 0.9384 0.9388 Canadian dollar 1.1504 1.1515 0.9203 0.9198 Euro 1.6917 1.6925 1.3526 1.3527 NZ dollar 1.0842 1.0854 0.8669 0.8675 Sterling pound 2.1231 2.1245 1.6975 1.6980
      155 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 28 As at 9am Jun 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.201 1.144 Can dollar 1.174 1.129 Euro 1.733 1.651 Sterling pound 2.164 2.081 NZ dollar 1.109 1.067 US dollar 1.276 1.216 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      158 28 Jun 16 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      158 words
    • Article
      Lock icon CHICAGO BOT
      109 28 Jun 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 14 1425.75 1415.25 1429.00 1411.00 Aug 14 1369.50 1360.25 1372.00 1355.25 Sep 14 1260.00 1250.75 1263.75 1244.75 Nov 14 1221.25 1212.25 1224.25 1204.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 14
      109 words
    • Article
      Lock icon LIFFE
      95 28 Jun 13 COCOA (£/tonne) Close Prev High Low Jul 14 1973 1964 1985 1948 Sep 14 1939 1930 1954 1911 Dec 14 1924 1916 1936 1900 Mar 15 1915 1906 1925 1892 COFFEE(US$/tonne) Close Prev High Low Jul 14 1983 1957 2006 1941 Sep 14 1998 1972 2023 1960
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1044 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 17 10 54 0.3 1 9 1.09 49 Asia-Pacific Strategic W*****6 3.6 -0.1 7995 1 2 59 Acma Ltd W*****7 Exer Albedo Limited W*****9 Prem Asiatic Grp(Hldgs) Ltd
      1,044 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 28 CRUDE OIL PRODUCTS Jun 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.74 0.98 WTI (Near Mth) 106.68 0.25 Dubai (1-Mth F) 108.65 1.99 Tapis blend 117.47 2.46 Minas 112.87 2.46 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.44 2.05 Jet Kerosene 122.80 3.14 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 28 Jun 16 S$ Bid Offer 1-month 1.2507 1.2512 2-months 1.2507 1.2512 3-months 1.2506 1.2512 6-months 1.2505 1.2510 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 28 Jun-13 Jun-13 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1803.75 1803.75 3 months 1845.00 1844.00 Copper, Grade A(US$/tonne) Cash 6679.50 6643.50 3 months 6655.00 6620.00 Lead(US$/tonne) Cash 2057.75 2047.50 3 months 2085.50 2075.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
Page thumbnail Page 29
  • PROPERTY
    • Article, Illustration
      Lock icon BOE gearing up to rein in UK housing market
      836 29 Pressure to act mounts as house prices rise faster than wage growth Bloomb erg [LONDON] Bank of England governor Mark Carney is edging closer to putting restraints on the UK housing market, and economists say that’s the right thing to do.
      Bloomberg; PHOTO: REUTERS  -  836 words
    • Article, Illustration
      Lock icon High property prices ‘right problem’: London mayor
      392 29 Bloomberg [LONDON] London mayor Boris Johnson said high property prices are “the right problem to have” and that technology startups are attracted to the city regardless of its “creaking” infrastructure. In a Bloomberg Television interview, Mr Johnson said the UK capital is Europe’s
      Bloomberg  -  392 words
    • Article, Illustration
      Lock icon UBS plans to expand into China commercial property
      565 30 It may partner with a developer or a company with an ability to source existing assets Bloomberg [SYDNEY] UBS AG, Switzerland’s biggest bank, is planning to expand its Chinese property investment business with a move into commercial real estate. Office, retail and
      Bloomberg; PHOTO: REUTERS  -  565 words
    • Article, Illustration
      Lock icon Boutique hotel in Kg Glam up for sale
      471 32  -  Indicative pricing is $17-18m; 3 Little India shophouses also on market By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT A BOUTIQUE hotel, comprising three shophouses along Jalan Klapa, off Victoria Street in the Kampong Glam Conservation Area has been put up for sale with an
      471 words
    • Article
      Lock icon M’sians snap up China developer’s Selangor project
      450 32  -  BY PAULINE NG in Kuala Lumpur MALAYSIAN home buyers appear to have embraced Chinese developer Country Garden Holdings Co Ltd’s Diamond City project in Semenyih, Selangor, with four out of five purchasers being locals. The take-up comes amid reports that the Hong Kong-listed
      450 words
    • Article
      Lock icon London house prices fall from record high
      338 32 Bloomberg [LONDON] Asking prices for London homes fell from a record this month in a sign that buyer concern about overpaying is prompting them to step back from the market, according to Rightmove Plc. Values in London slipped 0.5 per cent to an
      Bloomberg  -  338 words
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      167 29 HOLLAND ROAD SHOPPING CENTRE Ground Floor Strata Retail Units Fronting Main Road Freehold Strata Area: Approx. 12,260 sq ft (7 strata titles) Commands approx. 25% Share Value in MCST Next to Holland Village MRT Station Single Tenant: Cold Storage (Open 24 hours) Large catchment area with high foot traffic Foreigners
      167 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      263 29 WAREHOUSE SPACE FOR LEASE CHANGI SOUTH 1) Ramp-up Logistics Facility High clearance and floor loading capacity Well equipped with ample covered loading bays with dock levellers Sizes from 30,000 sq ft to 130,000 sq ft 2) Warehouse Facility Both ambient and aircon warehouse are available Sizes from 20,000 sq ft
      263 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      32 30 SELLING YOUR CAR? POSTANAD ONSTCars.sg FORFREE! Doitvia www.stcars.sg/place-adnow! i i And browse over25,000new, used cars commercial and rental vehicles. Buy, sell or rent. At www.STCars.sg, your ideal car isn’t hard to find.
      32 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      48 30 ST REGIS RESIDENCES FOR SALE IN D10 4Bdrm-3897Sqft PentHouse-6017 Sqft Full Condo Facilities Near Tanglin Mall Please contact TOKIO PROPERTY SERVICES PTE LTD 9670 0285 Toru Takano 6737 5187 Weng Internationallyacclaimed director Tsui Hark finds 3D moviemaking talent in S'pore To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      48 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      549 31 DALSTON•LONDON E8 B !l'i ill P" J, J.i i i 11! 9 i! iii SI 111 III I I 1 *il i III hi Jt m T\ rryf i 11 .1 4 h-JI »F.i ILcpr <T I. 1 US i JL fe. ■:s» >- sr s** k\. fp 4$ L
      549 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      118 32 A dynamic city A bank renowned for innovation 50 remarkable years in Singapore ip KM. a r j if*: ill >/ 1 A ;y ss bl E mm. ■aa ..Ijiairsss^sss?^*; 5^V .-.^a From transport to property to commodities, J.P. Morgan has been at the forefront of many pioneering deals that
      118 words