The Business Times, 19 November 2015

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Microfilm: NL33684
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    34 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 5|:}1 A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [1 D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Thursday, November 19,2015
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  • Article
    Lock icon DAILY DIGEST
    191 1 A pre-dawn police raid on a pedestrian street in a Paris suburb leads to the deaths of two extremists and seven arrests. TOP STORIES 4 Non-lawyer employees of law firms can now become partners, directors or shareholders of their firms, as amendments to the Legal Profession Act take
    191 words
  • Article
    Lock icon OCBC claims Q3 lead in bancassurance market
    667 1  -  By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore OCBC Bank, Singapore’s grande dame of bancassurance, says it has pipped DBS Bank in third-quarter market share, following a surge in sales that gave it 34 per cent of the market. OCBC, which pioneered bancassurance and
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  • Article
    Lock icon MARKETS
    28 1 MARKETS Wednesday Change STI 2,886.08 -30.70 KL COMP 1,656.50 -5.03 NIKKEI 225 19,649.18 +18.55 HANG SENG 22,188.26 -75.99 SHENZHEN B 1,196.01 -0.83 DOW (10.45am EST) 17,579.80 +90.30
    28 words
  • Article, Illustration
    Lock icon Obama confident US Congress will ratify TPP before he steps down
    842 1  -  PM Lee says Singapore is ready to sign the pact and hopes it can be in force within two years By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Manila UNITED States President Barack Obama expressed confidence that the Trans-Pacific Partnership (TPP) free-trade
    PHOTO: ONG WEE JIN/THE STRAITS TIMES  -  842 words
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      122 1 8 "*****1 *****4 S$1.00 PROPERTY Bids for CPF Building top S$500m: sources TOP STORIES 2 5 L SENTOSA "5 1 COVE _V ‘;;I; Bungalow at \or«V/..-.,.- qéxf-4 ‘;‘3__.. H“: 3;; Lakeshore View ‘E;-s_ j fig fetches S$2,775 psf 1 J REAL ESTATE 14 HOCK LOCK SIEW strong SGX signal against
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      Lock icon Page 1 Advertisements Column 2
      37 1 TPP faces tough passage through US Congress, Page 2 ENTERPRISE 50 The strongest companies are pressing ahead with internationalisation for growth. We find out how E50 winners are going further in a special 28-page pullout on Friday.
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  • TOP STORIES
    • Article
      Lock icon Bids for CPF Building top S$500m: sources
      687 2  -  Two of the highest bids said to have possibly come from Ascendas-Singbridge and Richard Li’s PCPD By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore BIDS for the CPF Building at 79 Robinson Road have gone past S$500 million surpassing the S$450 million that market watchers
      687 words
    • APEC MEETING
      • Article
        Lock icon Renewable energy will spur rather than slow growth: Obama
        741 2  -  Xi vows continued green policies for China; says Beijing will slash market curbs for foreign investors By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Manila THE leaders of the world’s two largest economies took centrestage on the third and final day of a high-level
        741 words
      • Article, Illustration
        Lock icon Biz leaders support Apec Summit vision of inclusive growth
        487 2  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Manila BUSINESS chiefs from Singapore, the region and the Pacific Rim met with their countries’ leaders at a dialogue in Manila on Wednesday as part of the ongoing Asia-Pacific Economic Cooperation (Apec) Summit. The executives are
        PHOTO: REUTERS  -  487 words
      • Article
        Lock icon TPP faces tough passage through US Congress
        673 2 Republican leaders intend to shelve trade deal until after Nov 2016 presidential election: Senate aide REUTERS Washington A 12-NATION Pacific Rim free-trade deal, facing stiff opposition from many Democrats and unexpected resistance from Republicans, is unlikely to be voted on by the US
        REUTERS  -  673 words
    • Article, Illustration
      Lock icon French police raid suspected hideout of terror ringleader
      715 4 Two extremists killed and seven arrested in pre-dawn assault on Paris suburb of Saint-Denis BLOOMBERG Saint-Denis, France A PRE-DAWN police raid on a pedestrian street in a Paris suburb led to the deaths of two extremists and seven arrests, while a French
      BLOOMBERG; PHOTO: REUTERS  -  715 words
    • Article
      Lock icon Hostage beheading casts pall on Sabah
      557 4  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur THE beheading of a hostage by Abu Sayyaf militants in Sabah on Tuesday is set to yet again put the issue of security in the East Malaysian state under the spotlight amid what is already proving to be
      557 words
    • Article
      Lock icon COE premiums higher across the board
      389 5  -  Dealers had expected SPH’s TheCars@Expo sales event to boost COE prices By Samuel Ee samuelee@sph.com.sg Singapore AS expected, certificate of entitlement (COE) premiums rose strongly in Wednesday’s bidding exercise, with most dealers having reported good sales during the two-week period since the previous tender.
      389 words
    • Article, Illustration
      Lock icon Non-lawyer employees can now have a stake in their law firms
      564 5  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore FOR the first time in Singapore’s history, non-lawyer employees of law firms can now become partners, directors or shareholders in, and share in the profits of the firms they work for, with amendments
      564 words
    • Article, Illustration
      Lock icon Global engineering consultancy Aurecon buys Singapore firm
      762 6  -  Specialist in supertall buildings in talks to acquire more companies here to strengthen its position in the region By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore GLOBAL engineering consultancy firm Aurecon, known for its involvement in supertall buildings around the world, is acquiring AUP Consultants
      762 words
    • Article
      Lock icon Cisco, IIPL to start new programme for startups in 2016
      544 6  -  It’ll help firms co-create with startups innovative applications for “smart nation” vision and export By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore INFOCOMM Investments (IIPL) and Cisco on Wednesday unveiled a new programme to help corporates co-create with startups innovative applications for
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    • Article
      Lock icon Semicon company KLA-Tencor opens new facility in Singapore
      382 6  -  By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore KLA-Tencor Corporation, which makes machines that inspect semiconductor parts as well as produce them, has opened its new Advanced Packaging Development Centre (APDC) in Singapore. The facility expands on the company’s existing capabilities in the
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      199 3 50 YEARS IN THE MAKING A LEGEND IS REBORN. The year is 1961. The Jaguar E-TYPE is released to a frenzy of global adoration. Its signature outline and unforgettable roar sear it into the hearts of many. Even the visionary Enzo Ferrari proclaims it “the most beautiful car ever made”.
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      188 4 FUTURE i I t I I I I I I I I CHINA ADVANCED LEADERS PROGRAMME EMPOWERING FUTURE LEADERS WITH CHINA-READY SKILLS V Sfv NSf'Cs > fv i i Lester Neo CEO Solomonic Re Ltd Future China Advanced Leaders Programme is the only business management programme in Asia for your
      188 words
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      Lock icon Page 4 Advertisements Column 2
      250 4 Paris attacks underline threat from foreign jihadists, Page 25 Maximise Marketing ROI with Programmatic RTB j by Mark Lonkes, Digital Media Expert Course dates Oct 28-29 Nov 4-5 or 18-19 Dec 2-3 Over 70% of marketers in Asia Pacific today are automatically reaching their target audience and achieving higher ROI
      250 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      540 5 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988 Timely market insights to help you uncover investment opportunities is our priority too. Your investment sentiments may vary according to market conditions. Leverage our global expertise,
      540 words
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  • Page 6 Advertisements
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      86 6 33 AUCTION 2015 AUTUMNN SALE MODERN AND CONTEMPORARY ASIAN ART Saturday 21 Nov 2015 2pm Onwards Grand Hyatt Singapore 1 m a Xu Bemong Lee Man Fong Lin Fengmian as r:- M m Cheong Soo Pieng Chen Chua Wen Hsi Mia Tee m c v Chen Wen Hsi Li Chen
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      50 6 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988 HADROMI PARTNERS www.hadromi.com LEGAL SOLUT ONS INDONESIA" We Know Indonesia Better Contact now for immediate advice: info@hadromi.com or call (62-21) 520 7040
      50 words
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      17 6 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
      17 words
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  • URBANISING ASIA
    • Article, Illustration
      Lock icon Building smarter
      774 7  -  Bold new technologies are being employed by city planners to deal with the problems that come with rapid urbanisation.BY urbanisation.BY FRANCIS KAN AS more people move to cities, governments are looking for new solutions to deal with urban challenges such as overcrowding, congestion and pollution. By 2050, almost
      774 words
    • Article
      Lock icon Smart living
      181 7 THE HDB flat of the future could feature technologies that help residents manage their utilities consumption, monitor the elderly and help them perform rehabilitation exercises at home. Such technologies have been put to the test in nine mock-up flats in HDB’s Centre of Building Research since the start
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  • Page 7 Advertisements
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  • COMPANIES & MARKETS
    • Article
      Lock icon Strong SGX signal against dubious practices
      800 8  -  HOCK LOCK SIEW BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT VICTIMS of the collapse in Singa-pore-listed China companies or S-chips as they are known in the local market might view the latest regulatory announcement by the Singapore Exchange (SGX) as being too little too late, but
      800 words
    • Article
      Lock icon SembMarine shares lose ground on rig contract spat
      669 8  -  Market fears deal termination could hit firm’s bottom line; SembMarine calls Marco Polo’s unilateral move a “repudiatory breach of contract” By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore SHARES in Sembcorp Marine lost ground on Wednesday on market fears that a developing legal
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    • Article
      Lock icon Aramco Trading Co expanding operations into Singapore: sources
      363 8 REUTERS Singapore ARAMCO Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products, joining a growing number of companies setting up shop in the city-state, industry sources said. The firm has so far hired
      REUTERS  -  363 words
    • Article
      Lock icon Oxley’s CEO ups direct stakes in Oxley, IHC
      267 8  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore OXLEY'S controlling shareholder executed two transactions which increased his direct stakes in two listed companies. Ching Chiat Kwong, chief executive officer of Oxley Holdings upped his direct stake in the real estate developer by some 350.37
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    • CORPORATE DIGEST
      • Article
        Lock icon Cosmosteel Holdings
        54 8 COSMOSTEEL Holdings posted a 49.3 per cent drop in Q4 net profit to S$1 million on a 41.6 per cent decline in revenue to S$24.2 million. Earnings per share for Q4 were 0.37 Singapore cent, compared with 0.76 cent a year ago. The company declared a dividend per
        54 words
      • Article
        Lock icon Citic Envirotech
        43 8 CITIC Envirotech is in advanced negotiations for projects valued at not less than RMB1 billion (about S$225 million) in water supply, waste water treatment and recycling. The proposed projects under negotiation involve investments under the public-private partnership, transfer-operate-transfer and built-operate-transfer schemes.
        43 words
      • Article
        Lock icon Sembcorp Marine
        55 8 SEMBCORP Marine has won a floating storage offloading vessel construction contract from Modec. The contract marking its first newbuild FSO award involves the engineering, procurement, construction and commissioning for the project. Due for delivery in the first quarter, the FSO will be deployed at Maersk Oil's Culzean field
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      • Article
        Lock icon Viva Industrial Trust
        62 8 VIVA Industrial Trust’s private placement of over 52 million shares at S$0.725 per unit was fully subscribed, raising gross proceeds of S$37.7 million. OCBC Bank acted as the sole financial adviser, lead manager and agent. VIT also announced its intention to declare an advanced distribution, estimated at
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    • Article
      Lock icon Keppel T&T boosts management team
      313 8 Singapore KEPPEL Telecommunications Transportation (T&T) has appointed Tan Eng Hwa as chief financial officer (CFO) and Desmond Gay Kah Meng as chief executive officer (CEO) of Keppel Logistics in a move to boost its management team. Ms Tan, who is currently general manager of group
      313 words
    • Article, Illustration
      Lock icon Dark pools to face SEC plan seeking more light on how they operate
      872 9 The plan comes on the heels of several enforcement cases in which the SEC accused dark pool operators of misleading investors BLOOMBERG Washington DARK pools are about to be put on notice time to go from black
      BLOOMBERG; PHOTO: BLOOMBERG  -  872 words
    • Article, Illustration
      Lock icon Robust demand behind S Africa cement maker’s rapid growth
      408 9 BLOOMBERG Johannesburg PPC Ltd, South Africa’s largest cement maker, said rising demand for the building material in the world’s least-developed continent would help it double the size of the company every decade. The shares rose the most in six months. PPC
      BLOOMBERG; PHOTO: BLOOMBERG  -  408 words
    • Article
      Lock icon UK insurer posts higher 9-month operating profit
      383 9 REUTERS Bengaluru UK INSURER Hastings Group Holdings Plc reported an increase of about 19 per cent in operating profit for the first nine months of the year, driven by a rise in gross written premiums. Hastings, which offers insurance for private cars, homes,
      REUTERS  -  383 words
    • Article
      Lock icon Rand unit plans US$70m in South African asset manager buys
      519 9 BLOOMBERG Johannesburg RAND Merchant Insurance Holdings Ltd, an investor in South African insurance companies, intends to allocate about US$70 million to enable a unit to buy stakes in independent money-managers alongside plans for the division to build its own investment
      BLOOMBERG  -  519 words
    • Article, Illustration
      Lock icon ST Index drops as selling resumes
      682 10  -  Eighth loss in nine sessions as market comes under China, HK and Dow futures pressure STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT TUESDAY’S rise in the Straits Times Index (STI) proved very short-lived as the selling resumed on Wednesday, the index dropping 30.7 points or
      Source: Bloomberg  -  682 words
    • Article
      Lock icon STI STOCKS
      307 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 226 +2 231/224 271 213 6.5 5718.8 CapitaLand 307 +1 310/305 379 267 11.2 2.9 *****.7 CapitaMall Trust 187 unch 188.5/186.5 228 184.5 5.8 6498.8 CityDev 753 -7 765/748 1095 748 9.1
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    • Article
      Lock icon MOST ACTIVE
      35 10 VOLUME SIIC Environment 106,931,700 Yuuzoo 74,975,100 QT Vascular 45,094,900 Spackman 44,792,400 NOL 32,149,000 Market volume 1,118,566,000 VALUE DBS Grp 92,101,158 SIIC Environment 82,594,380 Singtel 75,727,449 UOB 65,655,335 OCBC Bank 56,195,375 Market value 983,259,000
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    • Article
      Lock icon SGX ETFs
      112 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 293 -4 534 298/293 355/280 293/294 DBXT MSEmer US$ US336 -2 91 338/329 429/314 334/335 DBXT MSEAsia US$ US369 -5 79 371/361 468/340 368/369 IS MS INDIA US$ US657 -8 70 665/657 1000/648 657/661
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Nov 18 VALUE CLOSE BT OB/OS -714.00 -261.00 BT CADI -*****.00 -142.00 BT 10-day MA -*****.00 -71.00 FTSE ST Mid Cap 674.50 -4.58 FTSE ST Small Cap 410.22 -2.80 FTSE ST All Share 699.13 -6.94 FTSE ST China Top 172.90 -2.52 FTSE ST China 211.12 -2.77 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index NOV 18,2015 699.13 -6.94 (-0.98%) Current streak 1 day Day high 703.34 Day low 698.96 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29, 2015)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index NOV 17,2015 1,733.61 +27.00 (+1.58%) Current streak 1 day Day high 1,733.94 Day low 1,704.18 52-week high 1,949.49 (May 15, 2015) 52-week low 1,609.50 (Sept 29, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 6 5 0 0 0 4 6 5 Manufacturing 24 60 26 9 9 8 33 69 34 Commerce 9 23 16 3 6 6 12 29 22 Tpt/Stor/Comms 8 21 7
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,339 16,339 66,051 66,051 Manufacturing 107,137 65,373 172,510 79,879 6,862 86,741 Commerce 56,126 23,631 79,757 63,307 1,364 64,672 Tpt/Stor/Comms 112,467 519 112,986 175,513 42 175,555 Finance 20,503 20,503 235,781 235,781 Construction 17,072 3,207 20,279 1,552
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    • Article
      Lock icon GAINERS
      76 10 BY CENTS CLOSE UP 52w high/low DBXT SORA SG$ ***** 33.6 0.2 *****/***** Great Eastern 2145 33.0 1.6 2600/1870 DBS Bk 4.7% NCPS ***** 20.0 0.2 *****/***** Hyflux 6% CPS ***** 19.0 0.2 *****/***** Courage Marine 88 14.5 19.7 99/10 BY PERCENTAGE CLOSE UP 52w high/low Blumont 0.3 50.0
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    • Article
      Lock icon LOSERS
      75 10 BY CENTS CLOSE DOWN 52w high/low SPDR DJIA US$ ***** -487.3 -1.9 *****/***** IS MSCI SIN US$ 1044 -151.0 -9.2 1333/989 GLD US$ ***** -115.4 -0.8 *****/***** JMH USD 5113 -86.9 -1.2 6788/4502 JSH USD 2735 -68.4 -1.7 3703/2611 BY PERCENTAGE CLOSE DOWN 52w high/low SUTL Enterprise 36 -29.4-15.0
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    • Article
      Lock icon UNUSUAL ACTIVITY
      83 10 VOL CLOSE($) CHANGE C&G Env Protect 1,769.4 0.205 +0.055 +36.67 Kitchen Culture 20.0 0.270 -0.020 -6.90 Leader Env 151.6 0.027 -0.006 -18.18 Dynamic Colours 100.1 0.220 +0.015 +7.32 MarcoPolo Marine 562.2 0.194 -0.016 -7.62 SIIC Environment 106,931.7 0.785 -0.055 -6.55 CFM 90.0 0.043 +0.003 +7.50 Linc Energy 8,337.8
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    • Article
      Lock icon STOCKS
      502 10  -  Compiled by Andrea Soh ST Engineering Buy Nov 18 close: S$2.88 Target price: S$3.22 OCBC Investment Research, Nov 18 In reaction to the weak Q315 results and lower FY15 PBT guidance, STE’s stock price fell nearly 12 per cent from a close of S$3.30 on Nov 5 to an
      502 words
    • Article
      Lock icon CALENDAR
      25 10 DATA I 19 Nov US Federal Open Market Committee Meeting Minutes I 19 Nov US Federal Reserve Beige Book I 19 Nov China GDP
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    • Article
      Lock icon US$ slips from 7-mth high; markets await Fed minutes
      409 11 CURRENCIES REUTERS London THE dollar slipped from a sev-en-month high against a basket of currencies on Wednesday as markets awaited minutes of the Federal Reserve’s recent policy meeting which could reinforce expectations of a rate hike next month. But with the
      REUTERS  -  409 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 NOV 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.945 4.532 0.666 5.501 46.978 97.928 0.875 8.321 3.117 1.095 74.840 33.507 1.011 10.150 0.720 23.279 25.579 0.467 0.710 Canada 1.058 4.795
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        Lock icon SHANGHAI COMPOSITE
        2 11
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        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 NOV 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0112 1.0115 0.7097 0.7098 Canadian dollar 1.0699 1.0705 0.7512 0.7509 Euro 1.5173 1.5180 1.0649 1.0652 NZ dollar 0.9228 0.9237 0.6477 0.6482 Sterling pound 2.1664 2.1674 1.5205 1.5209
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 NOV 18 S$ Bid Offer 1-month 1.4262 1.4266 2-months 1.4274 1.4283 3-months 1.4292 1.4296 6-months 1.4324 1.4330 Source: OCBC
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        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        205 11 Most active NOV 18 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.2 -0.1 4900 1 18 11 DBS MB eCW*****4 8.3 -1.3 4035 0.1 1880 5 UOB MB eCW*****4 10.7 -1.2 3770 0.1 2150 5
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 11 In local curr In S$ In US$ dy yr dy yr dy yr Nov 17 Index Change Change Change Change Change Change World Preliminary 1296.2 1.0 1.6 0.9 5.7 0.9 -1.6 EAFE Preliminary 1033.8 1.9 4.8 1.6 4.9 1.6 -2.3 Europe Preliminary 1446.8 2.3 4.7
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        386 11 Nov 18 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Nov15 *****.00 *****.50 *****.00 *****.00 *****1 *****7 Dec15 *****.50 *****.00 *****.00 *****.00 9989 ***** NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****9 Mar16 *****.00 *****.00 *****.00 *****.00 905 2123 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 NOV 18 $S Offer Bid 0vernight 0.15 0.05 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.50 US$ Offer Bid 7 days 0.22 0.12 1 month 0.23 0.13 2 months 0.30 0.20 3 months 0.45 0.25 6 months 0.70 0.50 9 months 0.90 0.70 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        63 11 Nov 18 Nov 18 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.09 5-Year N*****0S 2.000 01-Jul-20 99.75 10-Year NX*****Z 2.375 01-Jun-25 97.93 15-Year NZ*****F 2.875 01-Sep-30 99.73 99.95 99.79 20-Year NZ*****V 3.375 01-Sep-33 106.03 106.20 106.10 30-Year NA*****N
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 11 Nov-17 Price Net change change Last Trade Agricultural Nov-17 CBOT Soybeans (US cents/bu) 864.00 4.50 0.52% 14/01/2016 CBOT Soybean Oil (US cents/lb) 27.47 0.18 0.66% 14/12/2015 CBOT Wheat (US cents/bu) 487.50 -6.50 -1.32% 14/12/2015 Nov-17 LIFFE Cocoa (£/tonne) 2306.00 -9.00 -0.39% 14/12/2015 LIFFE Coffee (US$/tonne) 1524.00 -12.00 -0.78%
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      • Article
        Lock icon PALM OIL
        57 11 NOV 18 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2115.0 2168.0 2170.0 2113.0 1105 ***** Jan 16 2212.0 2248.0 2254.0 2203.0 8062 ***** Feb 16 2285.0 2318.0 2325.0 2274.0 ***** ***** Mar 16 2351.0 2376.0
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    • Article
      Lock icon Post-crash, one corner of China’s stockmarket still thrives
      721 12 Introduced recently, options are booming now as traders use them as substitute for futures and short sales BLOOMBERG Hong Kong THREE months after China’s US$5 trillion stockmarket crash, the fallout from unprecedented state intervention is visible almost everywhere you look. The country’s
      BLOOMBERG  -  721 words
    • Article
      Lock icon UK Mail’s H1 pre-tax profit slumps on lower parcels margin
      317 12 REUTERS Bengaluru UK MAIL Group Plc reported a 56 per cent slump in first-half pre-tax profit, hurt by inefficiencies in its new automated hub and a lower contribution from its parcels unit. UK Mail also said its expectations for the
      REUTERS  -  317 words
    • Article, Illustration
      Lock icon Danone raises sales target for first time in four years
      422 12 BLOOMBERG Zurich DANONE gave a higher sales goal for the first time in four years as it pledged to boost profitability at its fresh-dairy business, which represents more than half of the French company’s revenue. The company said sales growth
      BLOOMBERG; PHOTO: BLOOMBERG  -  422 words
    • Article
      Lock icon SGX MAINBOARD
      1808 13 Transaction date: Nov 18 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 88.5 42 8Telecom Last Sale AAT vol ('000) High Day Low Div 153 131.5 AIMSAMP Cap Reit GrYld 175.5 124.2 ARA Asset Mgmt 126.5xri -3.5 645
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      Lock icon SGX CATALIST
      363 13 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High Day Low Div C'vr GrYld Net P/E MCap 35 10 50 32 t Atlantic Nav 10.3 45 5 t BlackGoldNatural 29.5 18 t CNMC Goldmine.............................18.8
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    • Article
      Lock icon SGX ETF
      107 13 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 107.7 78 CIMB APAC Div US$ US78 -0.5 5 78 78 8.2 1440 991 CIMBASEAN40 S$D 1151 +11 0 1151 1151 vol ('000) High Day Low Div C'vr 233.2
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      101 8 2016 GRAB YOUR CHANCE TO MEET YOUR IDEAL CANDIDATES! Be a part of the STJobs Express Fair 2016. a BOOK YOUR SPACE NOWS Limited Booths Available a Showcase your company’s profile to a broad spectrum of jobseekers. Reach out and discuss job opportunities with jobseekers on the ground Extensive media
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      80 8 The affection myparents have for each other is sorare. Theyare each other’s soulmates; their happy marriage has lasted beyond their diamond anniversary. But they have never made a show of being aloving couplein public. Even in private, theyhave rarely demonstrated their love for each other with hugs or kisses. Itwas
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      132 9 MARKETS MAY STUMBLE. GOLD SELDOM FALTERS. Throughout history, gold has been a safe haven asset and a store of value. It has also been an effective hedge against inflation. As Germany’s No.1 precious metals retailer, Degussa is known for its quality products. Our flagship branch in Singapore offers a wide
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      528 12 Workplace of the Future: Millennials, Innovative thinkers and High Performance Diverse Teams Who should attend: Senior and Middle Management, Supervisors, Business Owners and Marketing Managers FULL-DAY WORKSHOPS Attracting and Retaining Millennials to Your Organisation Managing Diversity and High Performance Teams 201 5 N OVEMBER SERIES In today's complex and challenging
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      79 13 SG Effective asset allocation Achieve a diversified portfolio with ETFs that offer you access to stocks, bonds and commodities. Find out more at sgx.com/etf Singapore Exchange This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell, nor financial advice or
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Sentosa Cove bungalow fetches S$2,775 psf
      849 14  -  Price of the Lakeshore View property is the highest in 2 years on the Cove but below what two nearby villas fetched in May/June 2013 By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore A BUNGALOW in Sentosa Cove fronting the Serapong Golf Course and overlooking the
      849 words
    • Article
      Lock icon Crackdown on foreign ownership: Australia orders sale of 7 homes
      345 14 REUTERS Sydney THE Australian government said it ordered the sale of seven residential properties bought in breach of foreign ownership laws, in a response to concerns that offshore buyers are driving up house prices. Australian capital city homes are considered
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    • Article
      Lock icon Four Points to launch in S’pore next year with rebranded Riverview Hotel
      424 15  -  S$25m exercise will give it 476 guest rooms, several food and beverage outlets, fitness centre, outdoor pool By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE Four Points brand will be introduced in Singapore next year as the former Riverview
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      Lock icon HK’s Gaw Capital Partners pays S$203m for BIG Hotel
      264 15  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore HONG Kong-based Gaw Capital Partners has acquired BIG Hotel in Singapore for S$203 million. The 8,800-square-metre, 308-room hotel on Middle Road was originally an office building. It was converted by Singapore-based owner ERC Unicampus and
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    • Article
      Lock icon US homebuilder confidence eases in November
      468 15 BLOOMBERG Washington CONFIDENCE among US homebuilders eased in November from a dec-ade-high, indicating some cooling in the housing market. The National Association of Builders/Wells Fargo sentiment gauge unexpectedly fell to 62 this month from a revised 65 in October, the highest level since October
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      Lock icon Supply glut puts brakes on recovery in home prices
      651 16 Prices of new homes fell in 33 cities in October, compared with 21 in September CHINA PROPERTY BLOOMBERG Shanghai CHINA’S home-price recovery slowed in October as a supply glut in less prosperous cities challenges the authorities’ efforts to revive the residential
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      Lock icon Househunt
      1309 16 Property transactions for districts 1 to 28 with contract dates between Oct 7 and Oct 13,2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 1 NON-LANDED People's Park Cplx Apt 07/10/2015 99 1173 850 724 The Sail Marina Bay Apt
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      Lock icon China property giant eyes robot rescue from rising wage bills
      439 16 REUTERS Hong Kong CHINA Vanke, the biggest property developer by sales in the world’s most populous country, is recruiting robots to sweep floors and guard its properties to address a labour shortage and rising wage bills. As Chinese developers struggle
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      156 14 UNIQUELY RUSTIC CHARMING SWISS CLUB GCB FOR SALE Lic: L*****22J 2-storey Attic Good Class Bungalow with Pool Approx. Land Area 21,293 sqft with Built 10,000 sqft High Cathedral ceiling with half-timbering pitched roofs Large rooms with Juliet balconies overlooking the grand entrance hall and water feature Elevated Private Enclave with
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      49 14 Hong Fok Group It’stheepitomeof themodern conservationhouse–heritage,designer, andwithoneof Singapore’smost prestigiousaddresses.Relishinitsspaces andhighceilings,ravishingastheyare. Cleanlines,warmlywooded.Freehold,ina locationthatisaprizeforthepresentanda giftforthefuture.Aspectacularliving spaceequaltoanythingyouwouldfindin themostsophisticatedcitiesintheworld. FOR SALE Best Of Blair Plain Isabel Redrup Heritage Series www.isabelredrup.com A boutique real estate agency Call+65 *****190 email: susan@isabelredrup.com See our amazing slideshow on: www.isabelredrup.com/ir1a.php Agency Licence No: L*****87E CEA Registration No: R*****2I
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      64 14 /Lncic watte QINGJIAN REALTY Exploring Business Opportunities WITH RESULTS-DRIVEN Property Management Firms Established in 1999, Qingjian Realty (South Pacific) Group Pte Ltd has been developing a wide spectrum of buildings in Singapore including Condominiums and Executive Condominiums. We are inviting interested property management firms to explore possible partnerships for our
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      140 15 A GLOBAL ENTERPRISE FOR A BETTER WORLD An association of 45 years with Singapore TATA Engaging with youth through a knowledge initiative TATA A CRUC BLE THE CAMPUS QUIZ SINGAPORE 2015 9 YEARS 900 teams UbUI ess quiz LLEKGE acrucible.com/sg g l\ THFf\M K i 1 Z > I 5?
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  • BANKING & FINANCE
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      68 17 THE BVI BUSINESS COMPANIES ACT, 2004 MANDIBLE LIMITED (Company Number: *****02) (the "Company") (IN VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 204(1)(b) of the BVI Business Companies Act 2004, as amended, that the Company is in voluntary liquidation. Thedateofcommencementoftheliquidationis11November2015.Theliquidator of the Company is Stephen Palmer Adams of Bedell
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  • ENERGY & COMMODITIES
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      Lock icon Eni seeks to cash in on its oil exploration lead
      822 18 It is selling stakes in its discoveries to help finance the development of its projects BLOOMBERG London ONE of the most cherished assets held by Italy’s largest oil company, Eni SpA, isn’t a refinery or an oilfield it sits inside
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      Lock icon Rich nations’ pact to end export credits will hurt coal
      597 18 BLOOMBERG Washington MEMBERS of the Organization for Economic Cooperation and Development struck a historic agreement on Tuesday to scale back public financing for coal-fired power plants, dealing another blow to the industry ahead of a global summit on climate change
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      Lock icon Air Liquide to buy Airgas for US$10.3b in US expansion
      759 18 BLOOMBERG Paris AIR Liquide SA’s US$10.3 billion takeover of rival Airgas Inc gives the European company a leading share of the US market in industrial gases amid forecasts of further construction and manufacturing growth. The US$143-a-share cash offer, which represents
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    • Article
      Lock icon Lower-cost wind, solar power to drive energy storage tech
      522 18 BLOOMBERG New York LARGE wind and solar farms can compete in the power market even with low natural gas prices and will drive the adoption of technology to store renewable energy, according to an analysis by financial advisers Lazard Ltd. The
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      1092 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 (“the Act”) AND IN THE MATTER OF SP&W ASIA PTE. LTD. (“the Company”) (Co. Reg. No. *****6156R) Notice of Resolutions for Members’ Voluntary Liquidation (Pursuant to Section 290) At an Extraordinary General Meeting of the Company held at 50 New
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  • TECHNOLOGY
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      Lock icon Microsoft sheds reputation as easy mark for hackers
      1176 19 Tech giant has cleaned up its act but critics urge it to do even more to make digital systems resistant to breaches NYT Redmond, Washington MICROSOFT was once the epitome of everything wrong with security in technology. Its products were so infested
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      Lock icon Yahoo a new target in NY daily fantasy sports probe: source
      613 19 REUTERS London A PROBE by New York State’s attorney general into the fast-growing, multi-billion-dollar daily fantasy sports industry has been expanded to include online media giant Yahoo, a person familiar with the matter said on Tuesday. The move coincides
      REUTERS; PHOTO: NYT  -  613 words
    • Article
      Lock icon Gawker.com to retool as politics site
      675 19 NYT New York GAWKER.COM a site that pioneered the knowing, irreverent tone that has come to define Web journalism will switch from covering New York and the media world, as it has done since its founding in 2003, to focus on politics. The change,
      NYT  -  675 words
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  • CONSUMER
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      Lock icon US retailers post upbeat sales numbers
      954 20 Businesses shrug off investors’ concerns that Paris attacks will chill consumer sentiment for year-end sales NYT New York ROBUST sales numbers from Walmart, Home Depot and TJX on Tuesday are helping to ease concerns over the US consumer’s health in the countdown to the
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      Lock icon Japanese turn trees into noodles as agriculture industry learns to adapt
      666 20 BLOOMBERG Tokyo FACED with tightening competition for the textiles it’s been making for almost 100 years, Omikenshi Co is trying to get into the health-food business, using its cloth-making technology to turn trees into noodles. The Osaka-based company’s best-selling
      BLOOMBERG; PHOTO: BLOOMBERG  -  666 words
    • Article
      Lock icon Macau sees casino revenue slumping more next year
      483 20 BLOOMBERG Hong Kong MACAU’s chief executive forecasts casino revenue to come in at 200 billion patacas (S$36 billion) in 2016, almost half the takings in the world’s largest gambling hub last year and a further decline from what analysts estimate for the
      BLOOMBERG  -  483 words
    • Article
      Lock icon Lotte’s woes deepen after losing licence for duty free shop
      700 20 Hotel Lotte, which runs duty free business, to go ahead with planned IPO; family feud continues AFP Seoul TROUBLED South Korean retail giant Lotte, already struggling with a prolonged founder-family feud, has seen its business woes deepen with the loss
      AFP  -  700 words
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      46 20 ALL EYES ON MODI Articles by: Ambassador-at-large Tommy Koh ISAS executive chairman Gopinath Pillai DBS CEO Piyush Gupta IE Singapore South Asia Group director Benjamin Yap Tata Sons resident director K.V. Rao GET YOUR COPY TOMORROW TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) OR NISHAL (*****438)
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  • TRANSPORT
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      Lock icon Car industry revs up in South Africa despite languishing economy
      740 21 Companies including BMW AG, Volkswagen AG and Ford Motor Co are taking advantage of the state’s car development programme BLOOMBERG Johannesburg AS South Africa’s economy languishes near a recession, there is one major success story: the car industry. While mining
      BLOOMBERG; PHOTO: AFP  -  740 words
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      Lock icon Study gives green nod to Norwegian airline, brickbats for BA, Lufthansa
      381 21 AFP Paris A NORWEGIAN low-cost airline has been dubbed a champion of fuel efficiency in a new study released on Tuesday, in marked contrast to British Airways (BA) and Lufthansa which have been labelled as among the worst. The
      AFP; PHOTO: BLOOMBERG  -  381 words
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      Lock icon Bombardier in talks with Canadian govt on further cash infusion: CEO
      465 21 REUTERS Las Vegas BOMBARDIER Inc is in talks with the new Canadian government about a further cash infusion into its struggling CSeries jet programme, which the planemaker expects to turn a profit by around 2020, according to chief executive
      REUTERS; PHOTO: REUTERS  -  465 words
    • Article
      Lock icon Ford gives Lincoln MKZ a facelift in bid to revive flagging sales
      511 21 BLOOMBERG Southfield, Michigan FORD Motor Co is performing emergency surgery on its slow-selling Lincoln MKZ, giving it the gaping grille that won praise on the auto-show circuit earlier this year on the luxury line’s Continental concept car. Touted
      BLOOMBERG  -  511 words
    • Article
      Lock icon SHIPPING TIMES
      565 26 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul 10 Jul 15 Jul
      565 words
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      5 21 SCAN WATCH NOW more @showbiz.omy.sg
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      47 21 HOT PROPERTY VENTURA HGTS. CLUSTER detach hse. Built 6686 sqft. 5 ensuites. Pte pool. P/furn. BOTANIC GARDEN MRT w/new DT line. 3 Sty Bunglw. 7400 sqft. 5+1 ensuite. Lift, Pool. Owner LANDED PROPERTIES FOR RENT Check out these properties and more in The Straits Times Classified now!
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon October home starts fall more than forecast
      600 22 11% decline to 1.06 million annualised rate from revised 1.19 million pace the prior month is slowest since March LATEST US DATA BLOOMBERG Washington NEW-HOME building declined more than projected in October, led by a slump in apartment construction and showing fitful progress
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    • Article
      Lock icon US economy will need more than just consumers in 2016: Goldman Sachs
      346 22 BLOOMBERG New York IN 2015, American consumers put the economy on their backs. Next year, however, the economy will need to be firing on more cylinders in order to keep eating into slack, according to Goldman Sachs. In
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    • Article
      Lock icon Germany’s 2-year note yields at record low
      331 22 BLOOMBERG Edinburgh GERMANY’S two-year note yields approached a record low as the nation auctioned securities of that maturity at the lowest yield ever. Europe’s largest economy sold 4.07 billion euros (S$6.2 billion) of 2017 notes on Wednesday at an all-time low yield of
      BLOOMBERG  -  331 words
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      Lock icon More economists believe BOJ is done boosting stimulus
      653 22 46% of respondents in poll don’t expect boost in pace of asset purchases this is up from 33% last month BLOOMBERG Tokyo GOVERNOR Haruhiko Kuroda, who unleashed unprecedented monetary stimulus at the Bank of Japan (BOJ) in 2013 and doubled down on
      BLOOMBERG; PHOTO: REUTERS  -  653 words
    • Article
      Lock icon Indonesia douses talk of curbs to capital and exchange rate
      322 22 REUTERS Jakarta INDONESIA has reaffirmed its commitment to allowing the free movement of capital and a floating exchange rate, putting to bed concerns that the government would impose capital controls to manage the rupiah and dollar liquidity. Edi Prio Pambudi,
      REUTERS  -  322 words
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      Lock icon China IMF victory to sap central bank appetite for Aussie debt
      777 23 Appeal of such bonds is being eroded by a narrowing yield premium over the US BLOOMBERG Taipei CHINA is about to deal another blow to Australian bonds as the yuan’s ascent into the International Monetary Fund’s reserves diverts investments
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    • Article
      Lock icon Australia trade minister calls for revival of trade talks with Indonesia
      391 23 He adds that Indonesia is an entry point for Australia to the rest of the region AFP Jakarta AUSTRALIA’S trade minister said on Wednesday that it was a “matter of urgency” to revive talks on a trade agreement with
      AFP  -  391 words
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      Lock icon Australian wage slowdown a stimulant for employment
      425 23 REUTERS Sydney AUSTRALIAN wage growth stayed stuck at the slowest pace in at least 16 years last quarter, a mixed blessing that has eaten into household incomes but also fed surprisingly strong demand for labour. Wednesday’s data showed that hourly rates of pay
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    • Article
      Lock icon Proposed law on Fed will damage economy, warns Yellen
      406 23 AFP Washington JANET Yellen warned on Tuesday that a proposed law to more closely oversee the Federal Reserve would politicise monetary policy and do deep harm to the US economy. The Fed Oversight Reform and Modernization (FORM) Act would tie the
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      Lock icon China ties deserve close attention, says Suu Kyi
      438 23 REUTERS Yangon MYANMAR’S Aung San Suu Kyi has pledged to pay “special attention” to ties with China when her party takes office after its election triumph, and said foreign investments would need public support to help improve relations. In an interview with
      REUTERS  -  438 words
  • Page 22 Advertisements
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      737 22 NOTICES ANNICA HOLDINGS LIMITED (Company Registration No. *****4025N) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined or the context otherwise requires, all capitalised terms herein shall bear the same meaning as used in the circular dated 19 November 2015 issued by the Company (the
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      199 23 You may have considered the Fundamentals on Stocks, Warrants, Options, Commodities, Futures and Derivatives but there is still one VITAL and IMPORTANT skill that increases your Profits. That SKILL is Optimal Transaction Timing for PROFITS using Technical Analysis. Acquire this Knowledge and Skill from our esteemed speaker Robert Tay who
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  • OPINION
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      Lock icon G-20 summit helps unite US, Europe and Russia against scourge of ISIS
      601 24 EDITORIAL G-20 summits are usually dominated by economic issues. But the latest meeting of the group held in the historic Turkish city of Antalya which was concluded on Monday focused more on terrorism and security appropriately and understandably
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    • Article
      Lock icon Nothing scary about diverging central bank policies
      827 24  -  THE BOTTOM LINE By Paul Donovan T The writer is UBS’s senior global economist. His latest book, “The Truth About Inflation”, was published by Routledge in April 2015 TWENTY one years ago, the world was a very different place. The Internet was unknown.
      827 words
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      Lock icon O, audit value, where art thou?
      1161 24  -  This has been asked with each financial scandal, but the new auditing standards to apply from late 2016 present a chance to show the profession’s enduring relevance. BY CHIEW CHUN WEE BY CHIEW CHUN WEE T The writer is head of policy for the
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    • Article
      Lock icon Paris attacks underline the threat from foreign jihadists
      1076 25  -  COMMENTARY By Andrew Hammond T The writer is an associate at LSE IDEAS (the Centre for International Affairs, Diplomacy and Strategy) at the London School of Economics, and a former UK government special adviser FRENCH President Francois Hollande has announced he will
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      Lock icon Why Singapore is winning over companies looking at Asia
      1001 25  -  By Fabrice Desmarescaux T The writer is the managing partner for South-east Asia at Eric Salmon Partners, an executive search boutique specialised in placing senior executives in top roles and on company boards across Asia and Europe FOR any company looking
      1,001 words
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      Lock icon Don’t fear a rising dollar
      1086 25  -  The widely assumed correlation between monetary policy and currency values does not stand up to empirical examination. BY ANATOLE KALETSKY examination.BY ANATOLE KALETSKY T The writer is chief economist and co-chairman of Gavekal Dragonomics and the author of ‘Capitalism 4.0, The Birth of a New
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      262 26 PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOB WO IMG AT 9620 1327 FORWARDER urgently needed fc>y shippers ADVERTISE, CALI IOE WONG AT 9620 'I Can they find your servio Here in the Shipping Time TllE BUSINESS TIMES S PING TIMES Announce Your Corporate Development! Come publicise
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  • LIFE & CULTURE
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      Lock icon All Blacks legend Jonah Lomu dies at 40
      539 27 His performances at 1995 and 1999 World Cups raised rugby’s profile beyond its traditional markets BLOOMB ERG Wellington JONAH Lomu, the New Zealand rugby player whose World Cup try-scoring feats helped promote the game to a global audience, has died at the
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      Lock icon Mexicans develop taste for mini-pigs ... as pets
      725 27 Mexicans develop taste for mini-pigs as pets AFP Mexico City THE pet at the end of the leash is tiny, chubby and wears a little sweater as it is paraded down a Mexico City street by its owner. But look closer: this is no poodle or chihuahua it’s a mini-pig,
      AFP; PHOTO: AFP  -  725 words
    • Article
      Lock icon Yale pledges to strengthen teaching on race, ethnicity
      403 27 NYT New York RESPONDING to student demonstrations and demands related to the racial climate at Yale University, its president, Peter Salovey, introduced a host of initiatives and promises in a letter to alumni on Tuesday. The changes would include creating a “prominent
      NYT  -  403 words
    • Article
      Lock icon Outsource your breakup for US$10
      770 27 WP Washington JUST in time for the holidays, two Canadian brothers are selling the heartwarming gift of avoidance: starting at just US$10, you can pay someone else to end your relationship for you. The Breakup Shop is the vision of 20-somethings Mackenzie and Evan, who
      WP  -  770 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      343 27 CRYPTIC CROSSWORD Across 1 Two bulls shared equally? (5-5) 6 Touch head of freshwater fish (4) 10 A European king must go to give assent (5) 11 Completely boycotts international team (3,6) 12 Criminal activity by pop group, I hear (8) 13 Sing version with new opening (5) 15 Argue
      343 words
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