The Business Times, 28 August 2004

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Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 MITA (P) 023/03/2004 85C THE BUSINESS TIMES weekend SINGAPORE AUGUST 28 29, 2004
    13 words
  • Article, Illustration
    Lock icon Private sector sees full-year growth of 8.4%
    608 1  -  Economists raise forecasts for the second time this year after robust Q2 growth of 12.5% beat earlier estimates By Daniel Buenas [SINGAPORE] After a sizzling second-quarter performance, private-sector economists now expect the economy to grow 8.4 per cent this year in the midrange
    Source: MAS  -  608 words
  • Article, Illustration
    Lock icon Nickson Fong – homecoming for a S'pore son
    964 1  - Nickson Fong homecoming for a S'pore son Animation specialist highlighted in PM Lee's speech tells BT his story By Nande Khin [SINGAPORE] Perhaps appropriately for someone named by Prime Minister Lee Hsien Loong in his first National Day Rally speech, patriotism played a key role in computer animation specialist Nickson
    CHRIS LOH  -  964 words
  • Article
    Lock icon US Q2 growth revised down to 2.8%
    377 1 Reuters Bloomberg AP [WASHINGTON] The US economy, struggling under the weight of a bloated trade deficit, grew more slowly at a 2.8 per cent annual rate in the second quarter. This is down from the 3 per cent pace seen in the Commerce
    Reuters; Bloomberg; AP  -  377 words
  • Article
    Lock icon Greenspan sees trouble if pensions are not cut
    538 1 He also proposes raising payroll taxes and retirement age AP Bloomberg [JACKSON, Wyoming] Federal Reserve chairman Alan Greenspan warned yesterday that the US will face "abrupt and painful" choices if Congress does not move quickly to trim the Social Security and Medicare
    AP; Bloomberg  -  538 words
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      21 1 Wildlde p| inaMpte BnH|mH» Camera 0T 75t#W ¥*v*C x > f f Hello broadband, this is Richard Li CORPORATE ANALYSIS, Pg 4
      21 words
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      27 1 RAFFLES I CONVERSATION i Hsieh Fu Bua, the CEO of th< Stock Exchange, talks about 1 the market. FME 3 tLrif .-4 ,ie„7W > II 8 *****1 *****4
      27 words
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      34 1 heaven your kitchen. BATTLE OF THE SKIES r, executives tafc about the threat to the world's -airfines -:,r- nm iiiH-juIAH i I t ■s i^t■ FOOTBALL gMHj B^% THIS Itymrriiii iwßte m mm ■H
      34 words
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  • newsfront
    • Article
      Lock icon Current cabinet a transitional one, says SM Goh
      465 2  -  Coming polls will help raise the proportion off younger ministers Reports by Chuang Peck Ming [SINGAPORE] Former Prime Minister Goh Chok Tong, who had a hand in shaping the new "transitional" Cabinet, said last night the People's Action Party will field candidates
      465 words
    • Article
      Lock icon Plan to make S'pore a hub for Islamic financial services
      205 2 [SINGAPORE] The new Monetary Authority of Singapore chairman wants to turn Singapore which has already made a name in wealth management into a hub also for Islamic financial services. Disclosing that one of his priorities as Senior Minister is to
      205 words
    • Article, Illustration
      Lock icon UK women are on top when it comes to picking the right stocks
      564 2  -  Their portfolios rose 10% compared with just 6% for the men From Neil Behrmann in London BEAR or bull, women have a way with the market! British female investors are racing past their male counterparts, confirming a
      564 words
    • Article
      Lock icon Correction
      38 2 IN yesterday's report, "July S'pore factory output up 19%", we wrongly gave the cost of the plant that Pfizer opened here last month as US$3O million. It should be US$35O million. We are sorry for the error.
      38 words
    • Article, Illustration
      Lock icon Challenge us, fire up our imagination
      652 2  -  Saturday soapbox PM Lee's stirring speech on Sunday has drawn differing responses from two young Singaporeans daniel buenas OK, I admit it. Pm a cynic. Call it an occupational hazard, but I've developed that annoying journalistic habit of not believing what someone says official,
      652 words
    • Article, Illustration
      Lock icon It's Singapore Trek, The Next Generation
      714 2  -  Saturday soapbox kenneth lim TRYING to be responsible citizens, my wife a government employee and I eagerly watched our new Prime Minister's first National Day Rally Speech last Sunday, waiting to see if he would grant a five-day week to civil servants. He sure
      714 words
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      58 2 Incorporation services in ail major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E: singapore©ocra.com.sg
      58 words
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  • the raffles conversation
    • Article, Illustration
      Lock icon WORTHY OF TRUST
      1822 3  -  Customer focus and good corporate governance have been key in building SGX's achievements under the leadership of its CEO Hsieh Fu Hua. He shares his market-oriented views with R SIVANITHY R SIVANITHY HE'S had 30 years on one side of the market fence: Among other appointments, he
      ARTHUR LEE  -  1,822 words
    • Article
      Lock icon Knowing what the market wants
      339 3 ONE of the long-held beliefs about Singaporean retail investors is that they lack sophistication, especially when it comes to derivatives. Thus, trading in sophisticated products like options, single-stock futures or structured warrants has failed to take off in the past. Options trading, for example, was
      339 words
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      10 3 \r im ITA /FA »»Rjflin international f H I fc-
      10 words
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      68 3 f 'M2S£* feSj Raffles INTERNATIONAL Hotels Resorts A Member of CaprtaLand The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this
      68 words
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  • news companies
    • Article, Illustration
      Lock icon CapitaLand secures consultancy job with HK Reit manager
      668 4  -  Listed Singapore giant to also invest US$180m in HK$20b Reit, slated for listing in HK by early next year By Kalpana R—htwala Vince Chong CAPITALAND is taking its real estate investment trust (Reit) expertise to the region. It has bagged the job
      668 words
    • Article
      Lock icon Hello broadband, this is Richard
      1039 4  -  corporate analysis Losses don't seem to foil PCCW chiefs dreams of a broadband Internet empire. JEAN CHUA finds out JEAN CHUA NOW that PCCW has confirmed it is close to selling half its core fixed-line business, its shareholders those who haven't bailed out of the
      1,039 words
    • Article, Illustration
      Lock icon STT slides amid low volume and profit-taking
      569 4  -  market review ven sreenivasan AFTER a four-day rally, the market succumbed to profit-taking yesterday as players squared positions ahead of the weekend. Also, volume was noticeably lower. With key component stocks DBS Group, OCBC Bank and Chartered Semiconductor Manufacturing coming under pressure, the
      569 words
    • Article
      Lock icon Fortunes of airlines looking up
      275 4  -  By Ven Sreenivasan YOU know the fortunes of the aviation industry are looking up when airline companies start placing orders or taking delivery of new planes. Silk Air has just announced that it will take delivery of its 11th Airbus aircraft next Tuesday. The A
      275 words
    • Article
      Lock icon MARKETS
      78 4 sn 1,918.90 (-3.20) ST INDEX FUTURES 1*918.00 (-6.00) SIMSCI 231.14 (-0.41) SIMSCI FUTURES 231.70 (-4.20) Friday Change KLSE COMP 821.49 +2J96 NIKKEI 225 11,2(19.59 +80.26 HANG SENG *****.42 +34.03 SET INDEX 620.12 +3.05 JAKARTA COMP —746.76 1151 MANILA COMP _1,582.04 +20.71 TAIPEI WPI 5,797.71 -15.68 SEOUL COMP 810JO +0.09
      78 words
    • Article
      Lock icon FINANCE
      74 4 FOREX RATES us$ s$ US$ (SS per USS) 1.712 £(IJS$/SS per 1.799 3.079 El'RO(l'S$/S$/E). 1.209 2.070 YEN 109.5 61.00 KM 3.800 2.220 HK$ 7.800 4.557 BAHT 41.61 2431 Rl'PLAH 9.299 5,433 RENMINBI 8577 4.836 INDIAN Rl'PEE 46J3 27.07 AS 1.416 0.827 NZ$ 1.522 0.889 PRIME RATES SINGAPORE 5.25 MALAYSIA
      74 words
    • Article
      Lock icon Directors have to be alert and watchful: court
      486 5  -  They can't be mere sentinels who occasionally doze off at work By Kenneth Lim A DIRECTOR who "may occasionally doze off at his post" and delegates all the work to others may fit in a Dilbert comic strip, but not in Singapore.
      486 words
    • corporateroundup
      • Article
        Lock icon Telstra told to cut charges
        67 5 Bloomberg TELSTRA Corp, Australia's largest phone company, should reduce the amount it charges for rivals such as Singapore Telecom to sell high-speed Internet services over its fixed-line network, the competition regulator said. Rivals should be charged about As 7 to As 9 a customer per
        Bloomberg  -  67 words
      • Article
        Lock icon FJ Benjamin Q3 profit up 22%
        97 5 FJ BENJAMIN Holdings said net profit rose 22 per cent year-on-year to $322,000 for the three months ended June, bringing full-year net earnings to $2 million, a 33 per cent improvement. The designer clothes retailer said turnover rose as market conditions improved from corresponding
        97 words
      • Article
        Lock icon Gates Bee 15-month profit up
        71 5 GATES Electronics said net profit for the 15 months ended June 2004 rose marginally to $1.3 million compared with the previous period. The electronics distributor said profit margins had fallen because it had sold more lower margin products over the period. The company said it
        71 words
      • Article
        Lock icon GRP potts $2.5 m loss
        69 5 GRP Ltd plunged to a $2.5 million net loss from a $701,000 profit a year ago as the oil and gas equipment specialist took an exceptional $2.4 million impairment loss on a Singapore property. Turnover for the year ended June 2004 dipped 4.1 per cent
        69 words
      • Article
        Lock icon Diglland loss widens
        73 5 IT product distributor Digiland International said net loss widened to US$3B.5 million from US$l2.4 million for the year ended June 2004 as sales in Australia, Singapore and China fell. The drop in Singapore and China were partly due to a steep drop in the price of hard
        73 words
      • Article
        Lock icon Lion Teck posts $11m loss
        65 5 LION Teck Chiang saw net loss widen to $11.6 million from $1 million as it took an exceptional $17 million loss from revaluing its properties at Arumugam Road. The steel distributor and property developer said turnover from its steel division is expected to remain low
        65 words
    • Article, Illustration
      Lock icon SturHub's tough pricing game
      1077 5  -  COMMENTARY By Wong Wei Kong IT'S tough making money from cable TV. If anything, the stalemate between Star Hub and ESPN Star Sports (ESS) over the live broadcast of English Premier League (EPL) matches in Singapore highlights just how challenging the cable television market here is,
      REUTERS  -  1,077 words
    • Article
      Lock icon Cerebos Pac Q3 profit down 53%
      133 5 HEALTHFOOD maker Cerebos Pacific has reported a 53.65 per cent fall in net profit to $9.5 million for its third quarter ended June 30. Group revenue rose 7 per cent to $154.2 million, thanks largely to contribution from Thailand. Sales of top contributor food
      133 words
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      216 5 I The Institute of Policy Studies (IPS) is a think-tank dedicated to fostering good governance in Singapore through strategic policy research and discussion. It also acts as a bridge between public, private and people sectors. Its outreach programmes embrace key audiences beyond the policy-making community. IPS contributions combine intellectual rigour,
      216 words
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      Lock icon Page 5 Advertisements Column 2
      838 5 ISM L&M GROUP INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held on 13 September 2004 at 11.00 a.m. at 2 Tanjong Penjuru Crescent Singapore *****8 for the purpose of considering,
      838 words
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  • money personal investment
    • Article
      Lock icon brokers' take
      740 6  -  Compiled by VEN SREENIVASAN Eu Yan Sang Aug 27 dosing: 35 csnts EU Yan Sang (EYS) delivered 22 per cent year-on-year revenue growth in FYO4 to $135.3 million. Gross margin continued to hover around 50 per cent, underlining EYS* strong branding and control of its supply chain. EYS'
      740 words
    • tradestowatch
      • Article
        Lock icon Willas-Array executive director sells 400,000 shares
        51 6 WILLAS-ARRAY Electronics Holdings executive director Ching Tak Hon sold 400,000 shares on the open market on Thursday at 20 cents apiece, paring his stake in the electronic component distributor to 1.04 per cent from 1.17 per cent. Willas-Array shares closed unchanged at 20.5 cents
        51 words
      • Article
        Lock icon Christina Ong trebles direct stake in Hotel Properties
        60 6 CHRISTINA Ong, the woman behind the upmarket Club 21 boutiques and wife of tycoon Ong Beng Seng, bought one million shares of Hotel Properties Ltd yesterday at about $1.02 apiece, trebling her direct stake to 0.33 per cent from 0.11 per cent.
        60 words
      • Article
        Lock icon Institutional investors trade briskly in Techcomp shares
        126 6 A FEW institutional investors have been trading in laboratory equipment supplier Techcomp Holdings. United Overseas Bank is no longer a substantial shareholder after it traded some shares while UOB Asset Management, on behalf of clients, also bought and sold shares on Thursday. The
        126 words
      • Article
        Lock icon Sim Lian executive director raises holding to 0.2%
        65 6 SIM Lian Group executive director Kuik Sing Beng bought 310,000 shares of the construction and property developer on Thursday, raising his shareholding to 0.2 per cent from 0.08 per cent. He bought 273,000 shares at 32 cents each and another 37,000 shares
        65 words
      • Article
        Lock icon Meiban chief increases direct stake to 6.73%
        55 6  -  Compiled by KENNETH LIM MEIBAN Group president and CEO Goh Tiong Yong bought 100,000 shares on the open market on Thursday at 94.5 cents apiece, taking his direct stake to 6.73 per cent from 6.68 per cent. Meiban shares closed at 94 cents
        55 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      836 6 for week beginning Aug 23 Subuntiaf Bay No of Met SNARCH0UMN6 Tra« Shareholder sJ Share* Per Mm Hw* Pate Mrettar Catv 008 ShrS COOP) fOM) K<*1» 25-Aug-04 James Koh Jyh Buy 48 0.30 ***** 2075 ***** 20.81 JukenTech 25-Aug-04 Wong Keng Yin Sefl 4000 0.34 *****
      836 words
    • Article, Illustration
      Lock icon Not very promising Filipino stories
      1517 6  -  show me the money A look at the dismal performance of the four listings from the Philippines teh hooi ling Does the country of origin matter when it comes to stock selection? Apparently it does, or at least when it comes to Filipino stocks. All
      FILE PHOTO  -  1,517 words
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  • dbs investment roundtable
    • Article, Illustration
      Lock icon Aviation taking off in Asia
      3674 7 Budget carriers and online booking have stimulated air travel. The potential is huge despite the shadow cast by oil prices and external threats Ven Sreenivasan: Thank you for coming. Let's start with where the aviation industry is now and where it's headed. We can then
      PHOTOS BY CHRIS LOH  -  3,674 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      41 7 8 DBS The DBS Investment RouYidtable is brought to you by DBS. It aims to help the investor make informed decisions by providing a platform for experts to discuss the impact of current market issues and concerns. DBS hotline No: 1800-*****22
      41 words
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  • news at home I
    • Article
      Lock icon Raffles Medical cuts rates 20-30% for 10 procedures
      486 8  -  it expects move to lure more foreign patients and locals who want high quality and affordable private healthcare By Andrea Tan RAFFLES Medical Group, which will slash 20-30 per cent off the cost of 10 common procedures from next month, said it
      486 words
    • Article
      Lock icon July visitor arrivals up 48%
      331 8  -  New record of 802,300 set following STB's new marketing campaign By Kenneth Lim AGGRESSIVE promotion efforts during a traditionally active month sent Singapore visitor arrivals in July up 48 per cent year-on-year to a record high of 802,300, said the Singapore Tourism Board (STB). Last
      331 words
    • Article, Illustration
      Lock icon Q2 business receipts for services jump 18.3%
      341 8  -  By Daniel Buenas THE overall business receipts index for Singapore's services industries registered double-digit growth of 18.3 per cent in the second quarter this year, according to data released yesterday by the Department of Statistics (DOS). On a quarter-to-quarter basis, the index edged
      Source: DOS  -  341 words
    • Article
      Lock icon LTA awards Circle Line contracts for $87m
      299 8  -  By Samuel Ee THREE electrical and mechanical contracts worth a total of $87.6 million have been awarded for the last two stages of the MRT Circle Line. The Land Transport Authority (LTA) yesterday said the three contracts to three companies for Stages 4
      299 words
    • Article
      Lock icon Consumer prices rise 1.6% in H1
      333 8  -  on the economy inflation By Vinoe Chong PRICES are creeping up, with the consumer price index (CPI) for general households showing a rise of 1.6 per cent from January to June this year compared with the year-ago period. This is higher than the marginal
      333 words
    • Article
      Lock icon Don't be daunted should terrorists attack: DPM
      195 8 A TERRORIST attack on Singapore soil is inevitable, and Singaporeans must be psychologically prepared and understand that the country will recover from such an attack, Deputy Prime Minister Tony Tan said yesterday. "We are doing everything that we can to prevent a terrorist
      195 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      4522 8 UNIT TRUSTS FUNDS Ci» US Aggressfrt Growth Fixid 0 79/ S 8 Sel Go Bus Ldrs Ptfl 03(SGD) 1.081V S B Sel GR> Bus Ldrs Ptfl 03<USD) 1.1089/ n7nt Cmbond S pore Class Y 0 989/ S»f£2£«2E SBSHEqty Dividend W 04 KGD) 0.9788/ ]aai 0.9706/ Star Asian Tiger Ef» o!b6S/
      4,522 words
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  • news region
    • Article, Illustration
      Lock icon Genting hotel expansion will make it world's biggest
      431 9 Move to double number of rooms at First World Hotel to 6,300 by end-2005 aimed at drawing China tourists Bloomberg [KUALA LUMPUR] Genting Bhd, Asia's biggest publicly traded casino group, is speeding up plans to expand its main hotel at its moun-tain-top
      Bloomberg; FILE PHOTO  -  431 words
    • inbrief
      • Article
        Lock icon UEM Land to buy 20% slake in township
        108 9 [KUALA LUMPURJJJEM Land, formerly known as Renong Bhd, has agreed to buy 20 per cent stake in Bandar Nusajaya Development (formerly known as Prolink Development) from the Johor state government for RM361.5 million (*****.7 million). This will give UEM Land a direct
        108 words
      • Article
        Lock icon Thai Airways to buy 8 planes from Airbus
        120 9 Reuters [PARIS] Thai Airways International plans to buy eight planes from Airbus, including six Airbus A3BO double-decker aircraft, the European planemaker said yesterday. It said that Thai Airways would also acquire an Airbus A 340-500 and an Airbus A 340-600. The airline
        Reuters  -  120 words
      • Article
        Lock icon Growth seen in Asian mutual fund assets
        105 9 Bloomberg [LONDON] Mutual fund assets in Asian countries excluding Japan are expected to rise to US$7OO billion by 2008 with much of that growth in China and India, the world's two most populous nations, according to Boston-based consultants Cerulli Associates. Mutual ftmd investors
        Bloomberg  -  105 words
      • Article
        Lock icon China consumer electronics sector booms
        78 9 AP [SHANGHAI] China's consumer electronics market will grow by almost 90 per cent to US$94 billion by 2007 as manufacturers shift to high-end digital products and away from more basic items like toys and watches, an industry publication forecasts. The report by Global Sources Ltd
        AP  -  78 words
      • Article
        Lock icon Sinopec pulls out of natural gas project
        94 9 AFP [HONG KONG] China Petroleum Chemical Corp (Sinopec), Asia's largest refiner, has pulled out of an US$lB billion natural gas project with PetroChina, the South China Morning Post reported yesterday. PetroChina chairman Chen Geng was cited as saying that Sinopec abandoned the project
        AFP  -  94 words
      • Article
        Lock icon China Life's profit falls 10% in H1
        111 9 Reuters [HONG KONG] China Life Insurance Co, the mainland's largest life insurer, said yesterday its firsthalf profit fell 10 per cent on losses from its investment portfolio. China Life's results contrasted with those of rival Ping An Insurance earlier this week, which showed
        Reuters  -  111 words
    • Article
      Lock icon China, Hong Kong expand free trade pact
      452 9 8 more industries added to CEPA but little impact seen AP Reuters [HONG KONG] China and Hong Kong expanded their free trade pact yesterday, with a deal to let Hong Kong companies enter a variety of businesses ranging from oil product sales to
      AP; Reuters  -  452 words
    • Article
      Lock icon HK's growth surges to 2.6% in Q2
      268 9 Reuters IHONG KONG] Hong Kong's economic growth accelerated to 2.6 per cent in the second quarter, supported by buoyant exports and consumption and prompting the government to sharply raise its forecast for full-year output. The growth in quarterly gross domestic product (GDP) the
      Reuters  -  268 words
    • Article
      Lock icon Execs see disastrous impact on Asia from high oil prices
      343 9 AFP [SINGAPORE] Rocketing oil prices threaten to slow down economies in the Pacific Basin, with a downturn in China and Japan having a "disastrous" impact on Asia, corporate executives warned in a survey released here yesterday. The Pacific Basin Economic
      AFP  -  343 words
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      439 9 Cri toll-free IMQ 259 8822 IN THE MATTER OF THE COMPANIES ACT, CAP 50 STONEAGE COMPANY PTE. LTD. (In Members' Voluntary Liquidation) At on Extraordinary General Meeting of the members of STONEAGE COMPANY PTE ITD duly convened and held at 6001 Beach Rood #14-01 Golden Mile Tower, Singapore *****9 on
      439 words
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      Lock icon Page 9 Advertisements Column 2
      801 9 noticeB@sph.comsg JppF GREEN WORLD HOLDINGS LIMITED GREEN WORLD HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (ACRA Registration No: *****3944K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 6 Tuas View Circuit Singapore *****9 on Monday, 13
      801 words
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      Lock icon Page 9 Advertisements Column 3
      504 9 Mil Meghmani Organics Limited Notice of Meeting NOTICE IS hereby given that Tenth Annual General Meeting of the Company will be held on 29 September 2004 at 10.30A.M at the Registered Office of the Company, at 184. Phase 11. GIDC Estate. Vatva. Ahmedabad: 382 445 to transact the following business
      504 words
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  • news world
    • Article
      Lock icon SEC proposes to delay accelerated filing rules
      451 10 STREET CLEAN UP Move comes after firms express concern at having to cope with new internal control requirements at same time Reuters [WASHINGTON] The US Securities and Exchange Commission (SEC) is seeking to postpone requirements that would force public companies to file quarterly
      Reuters  -  451 words
    • Article, Illustration
      Lock icon Driving home the point that time is money
      153 10 [NEW YORK] A liberal group has hung a giant billboard in New York's Times Square with an electronic counter, which ticks off, minute by minute, the billion-dollar cost of the Iraq war to US taxpayers. The giant counter ticked up millions of
      Photos: AFP  -  153 words
    • Article
      Lock icon Audit regulator says Big Four made mistakes
      467 10 Reuters NYT [NEW YORK] The Big Four accounting firms wrongly let some corporate clients understate liabilities and distort their financial health in their 2003 accounts, the regulatory body for auditors said in a report on Thursday. The Public Company Accounting Oversight Board (PCAOB),
      Reuters; NYT  -  467 words
    • Article, Illustration
      Lock icon Monetary tie-ups necessary to avoid trade friction in Asia
      568 11  -  Increasing trade through FTAs must be matched by ways to ensure forex rate stability, says ex-Japanese official From Anthony Rowley in rokyo TRADE friction may arise among Asian countries unless they take steps to match increasing trade and investment integration with
      AFP  -  568 words
    • Article
      Lock icon MIT elects first woman president
      309 11 Bloomberg [BOSTON] Massachusetts Institute of Technology has named Yale University Provost and neuroscientist Susan Hockfield as the first woman to run a university that counts 57 Nobel prize winners among its current and former students, faculty and staff. Dr Hockfield, 53, will start in her
      Bloomberg  -  309 words
    • inbrief
      • Article
        Lock icon Terrorists behind Russia crash
        150 11 AFP Reuters [MOSCOW] Russia said yesterday terrorists were behind a passenger jet crash as an Islamic group proclaiming support for rebels in Chechnya claimed responsibility for the downing of that and another plane. "According to our initial investigation, at least one of the air crashes came
        AFP; Reuters  -  150 words
      • Article
        Lock icon UK economy grew 0.9% in Q2
        78 11 Reuters [LONDON] Britain's economy speeded up in the second quarter, driven by strong household spending, with overall growth an unrevised 0.9 per cent over January-March, official data showed yesterday. The Office for National Statistics (ONS) said that compared with an also unrevised growth rate
        Reuters  -  78 words
      • Article
        Lock icon J-Power cleared to list in Tokyo
        130 11 Reuters [TOKYO] Electric Power Development Corp (J-Power), Japan's biggest power wholesaler, got the go-ahead yesterday to list its shares on the Tokyo market, clearing the way for the country's biggest initial public offering in six years. In a share offer that is expected to
        Reuters  -  130 words
      • Article
        Lock icon Howard seen calling polls soon
        108 11 AFP [SYDNEY] Australian Prs£jjshnister John Howard is widely expqgg to an- s nounce an election date this weekend, setting off a tight race between his conservative coalition and a resurgent Labor Party. Mr Howard, 65 and seeking a fourth term in office for his Liberal-Na-tional
        AFP  -  108 words
      • Article
        Lock icon US Asian poverty rate up
        183 11 AFP [WASHINGTON] The poverty rate among Asians in the United States has increased even though they are relatively better off than the other foreign-born populations, a US government survey showed on Thursday. The Asian poverty rate increased from 10 per cent in 2002 to 11.8
        AFP  -  183 words
      • Article
        Lock icon More Yukos documents seized
        113 11 AP [MOSCOW) Russian prosecutors continued their onslaught against the country's largest oil producer on Thursday, raiding the accounting division of Yukos and seizing documents. The Interfax news agency reported that investigators from Russia's General Prosecutor's Office seized boxes of bookkeeping records concerning the activities of Yukos
        AP  -  113 words
  • Article
    Lock icon SGX
    3263 10 Transaction date:Aug 27 Tumoral r«M) VALUK ('000) turn tM twm mt! m mw MH*I Kl 15jm 15,289 41JC' OJOI k.*rufj<-!Lrg 161.4S3 12.302 193,785 147.J43 1.423 148.744 Comwo ***** 2.0M »54» 14,417 »7 ***** TptAtof.-Com 45J45 117 «V?0i 101. 542 12 101.445 rtrino 14,7*7 104 19,091 MJ7C 171 0MI7 Construct
    3,263 words
  • Article
    Lock icon BONDS & WARRANTS
    711 10 BONDS WARRANTS T«t Loot Vol Cow (Mr *Mk —■as Tol Last Vat Com bar Dm to* Cifl i* «f f0>n **»> Mco In Kl Ce*» Cl SMt —r- fWI l»n« Ma *8 14* A8N*****135 *11 5>A 5GA fOMBMM -M '026 3779 MLMirmoMldguWOBMOl „12 -2 I 1 S3 3* 404 44
    711 words
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  • Article
    Lock icon SGX MAINBOARD
    7150 11 Transaction date: Aug 27 52 Tal Last Vol Day Lact Quota GrOfv Dtv GrYM Nat MCaa Hlgli Law Coda Coil any Ml -W- (*0110) Utah low gjg SaBar Cvr g Sa«3i 255 5.5 5716 1st Software 5c 7.5 unch 895 7.5 7 7 7.5 29.8 345 22 3148
    7,150 words
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  • style motoring
    • Article, Illustration
      Lock icon Mind-bender
      662 12  -  SAMUEL EE gets a white knuckle ride in a Carrera GT steered by Porsche's chief driving instructor SAMUEL EE FROM the pit lane, the tyre squeal in the distance seemed almost like a crescendo from a Maria Callas aria sustained and melodic. Then again, why should anything even shredding
      PHOTOS BY WILLIAM WHEY  -  662 words
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      Lock icon Attractive styling at good price for new Audi A6
      461 12  -  By Samuel Ee THE car with the grille that looks like VW boss Bernd Pischetsrieder's immaculately trimmed moustache and chin beard will soon be doing a neat job of undercutting its two traditional German rivals. The new 2.4-litre Audi A 6
      461 words
    • bravenewwhirl
      • Article
        Lock icon No worry with Odyssey
        66 12 KAH Motor says none of its new Honda Odyssey MPVs are affected by a factory recall to fix the fuel pump connector. The authorised Honda distributor says only parallel-imported versions are among the 74,125 units involved. On Thursday, Honda Japan said that moisture around the connector
        66 words
      • Article, Illustration
        Lock icon Lexus gets a makeover
        65 12 THE most popular Lexus sedan has just got a makeover. The main changes to the face-lifted ES3OO are on the outside a new grille, xenon headlights and a revised tail-light cluster. Inside, there's now a choice of three wood trim colours, seat and door mirror memory
        65 words
      • Article
        Lock icon Eco-friendly Saab
        68 12 SWEDISH carmaker Saab plans to unveil a "flex-fuel" two-litre turbo engine that runs on ethanol with reduced carbon dioxide emission. This eco-friendly renewable energy source is being developed for the Saab 9-5 range and will go on sale next year. Ethanol is produced commercially from grain, and the
        68 words
      • Article
        Lock icon Peugeot picks Pirelli
        80 12  -  Compiled by SAMUEL EE NINE-TIME World Rally Champion Peugeot will partner Pirelli for the first time. The deal with the Peugeot Works Team will last for three seasons of the World Rally Championship 2005-2007. The Italian highperformance tyre maker already provides the Subaru team with its famous
        80 words
    • Article
      Lock icon How to handle a supercar like a pro
      658 12  -  By Samuel Ee THIRTY-FIVE prospective customers from six Asian countries were at Sepang last Sunday to view the Carrera GT supercar and go for a "taxi ride" in it. So were all those high-net worth individuals Porsche owners? "Some of them are,
      658 words
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  • style sight&sound
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      Lock icon Perfect CD for your dream hifi
      665 13  -  Listening to chanteuse Eva Cassidy's singing on a top-quality amplifier will bring tears to your eyes, says THAM CHAIK KONG THAM CHAIK KONG lATELY, the CD that I used most frequently for reviewing audio equipment is Eva Cassidy's Live At Blues Alley. This is
      665 words
  • Article
    Lock icon KLSE
    2283 13 Transaction date:Aug 27 KUALA LUMPUR Sg"»— 'I RM cooo) n'EC Resources 0.57 -0.03 5407 Furqan Bus. Org 0.34 -0.01 329 ASM Realty 1.25 unch 0 Gadang 1.43 0.01 1220 Abric 0.50 unch 177 Gamuda4.92 0.14 274 ACP Industries 1.41 -0.09 1 General Corp 0.53 0.01 42 Advance Synergy .0.40
    2,283 words
  • Article
    Lock icon STOCKS ASIA
    4527 13 Transaction date: Aug 27 HONGKONG Vol HK Exchanges ft Clearing.. 16.85 -0.45 5481 HKS '000 HKRM1 .2.73 -0.05 2094 Hong Kong Electric ...34.30 -0.20 1982 Aeon Credit— .4.93 unch 0 Hongkong Chinee .....0.96 -0.02 524 Aeon Stores ...AM -0.05 10 Hopewell Holdings 16.90 0.05 375 Alpha General .031
    4,527 words
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      26 13 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Notices I
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  • style health
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      Lock icon Spinach for the eye
      452 14 Lab experiments show that pigments from the leafy vegetable can help restore vision AFP AMERICAN scientists are exploring whether pigments from spinach can help cure forms of blindness, according to a New Scientist report. Their "truly extraordinary" experiments entail taking a cluster of proteins, called photosystem
      AFP; FILE PHOTO  -  452 words
    • Article
      Lock icon secondopinion
      1427 14 your health questions answered Is bone marrow transplant equivalent to stom coll transplant? Are thoy tho samo or dHforont? Is stom coll transplant a bottor treatment? Ploaso explain.—Linda Leong Stem cells can be collected from the bone marrow, the blood or cord blood. Stem cells collected from the marrow
      1,427 words
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      Lock icon Making inroads in fight against cancer
      836 15  -  JESSICA CHEAM finds out how gene therapy is revolutionising the treatment of many types of cancer JESSICA CHEAM CANCER is a dreaded word many people hope will never apply to them or their loved ones. Yet, the truth is that cancer is the No
      ARTHUR LEE; FILE PHOTO  -  836 words
    • Article
      Lock icon A child gets a new lease of life
      706 15 LIFE-THREATENING blood disorders such as Thalassaemia Major, severe aplastic anaemia and sickle cell anaemia cannot be cured using conventional therapy such as chemotherapy and radiotherapy. But cellular therapy has made curing the incurable possible. In 1995, Dr Patrick Tan performed a world's
      706 words
  • Article
    Lock icon Househunt Property transactions lodged for selected districts between Aug 18 and Aug 25.
    1135 14 District 3 NON-LANDED Emerald Park Apt 27/07/04 99 947 482 509 OMrictS NON-LANDED Blue Horizon Apt 2007/04 99 1173 581 496 Blue Horizon Apt 24/06/04 99 1141 564 494 Buona Lodge Apt 23/07/04 FH 2034 650 320
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  • Page 14 Advertisements
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      29 14 Iff you have any health-related questions, e-mail mrc@parkway.com. sg f fax: 6732-6733, or write to MRC, Parkway Group Healthcare Pte Ltd, 302 Orchard Road, Tong Building #16-01/02/03, Singapore *****2
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  • Page 15 Advertisements
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      373 15 L K \k-v n?V> mm L \t> i "The International Provider of Choice With f A Pas^nbr People |%f^ress Every year, over 200,000 patients from I Asia's premier fully integrated healthcare provider 150 countries come to Singapore for hoSPi a S tertiary care. Over 60% of them are International Referral
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  • style shopping
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      Lock icon Fashion forward
      547 16  -  The 13-year-old Singapore Fashion Week could see the private sector taking a lead with funding or collaboration with its younger counterpart Singapore Fashion Festival. Still, it remains an important showcase of local and regional talents. CAT ONG reports CAT ONG SINGAPORE Fashion Week (SFW) 04 closes tonight with
      547 words
    • Article, Illustration
      Lock icon S'pore style
      831 16 FROM nowhere for close to a decade to two new Orchard Road outlets this year for young labels: is a new heyday for "designed in Singapore" about to begin? Eight months after Hemispheres with its 20 local labels opened in the new OG Orchard, Blueprint in The Heeren
      831 words
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      Lock icon Bringing Asia to the world
      655 16 WHEN Yawalak Anakjindanat heard her name being called as the winner of the Asian Young Designer's Contest 2004 on Monday this week, she could hardly believe her ears. The 23-year-old graduate of Tahila Institute specialising in fashion design from Bangkok told BT that she dared
      655 words
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      38 16 talk shop RaffVtos City: Enjoy complimentary coffee/tea and FREE first hour parking everyday at Raffles City Shopping Centre, just by spending on your Citibank Credit Card. More details at Raffles City Shopping Centre, Citibank Rewards Hub, Level 1.
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  • style travel/wine&dine
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      Lock icon Concrete gems in New York
      1149 17 The Big Apple is crowded all right with buildings of outstanding contemporary design Bloomberg IF they spend too much time in Madison Square Garden, delegates to the Republican National Convention starting on Monday will be forgiven if they feel they have ended up in a
      Bloomberg; BLOOMBERG  -  1,149 words
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      850 17 wine&dine with weekendBT AIWO Food for IJffo It s no surprise ss M3st0r Chef Steven Chdn serves 1 j just $3S( fr for sdults find for mAhwh n I MtflMI 252 North Bridge Road, #02-20 Raffles City Shop- up a menu of refinedCantonese dishes like Mini Mondays to Thursdays, dinner
      850 words
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  • style food
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      Lock icon Make a little heaven in your kitchen
      1264 18  -  Think cooking is hell? JAIME EE picks out some cook books that will change your mind and set you on the path to culinary paradise JAIME EE Kitchen Hmvm Gordon Ramsay Penguin Books, $60 without GST The famed enfant terrible of the British
      1,264 words
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      Lock icon It's no ordinary bubbly
      885 18  -  Only the best of one grape variety from one village go into a Salon champagne. GEOFFREY EU finds out more GEOFFREY EU CHAMPAGNE, especially the rarefied variety produced by prestige houses such as Krug, Bollinger and Pol Roger, is without doubt the cream of the sparkling
      885 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      393 18 CRYPTIC CROSSWORD (g) ACROSS 4 i n gpy case n has to be a sil--7 Cemetery to dose in Kent (9) ly re mark (7) BTo make a mistake or to 5 a porter I make use of in Afrimake a mistake (5) can city (8) 10 Flying over a
      393 words