The Business Times, 1 August 2009

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

Microfilm: NL30118
Total Pages: 46
1 46 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    20 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg AUGUST 1 -2, 2009 Ssl.oo I MICA (P) 198/08/2008 Sft\ A SINGAPORE PRESS HOLDINGS PUBLICATION
    20 words
  • Article, Illustration
    Lock icon CK Tang going private, 34 years on
    775 1  -  Jamie Lee Tang brothers third time lucky in long-drawn-out effort to delist company By leejamie@sph.com.sg Singapore THE saga has finally come to an end. CX Tang will return to the Tangs' treasure trove after the delisting offer from the founder's two sons went
    YEN MENG JIIN  -  775 words
  • Article
    Lock icon Redundancies ease, but big bump ahead
    931 1  -  Lee U-Wen Encouraging job numbers in Q2 but Swee Say wary of 'double dip' By leeuwen@sph.com.sg Singapore SINGAPORE'S battered job market more than held its own in the second quarter of this year, as the number of workers made redundant fell sharply from the
    931 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      140 1 JL W THE RAFFLES CONVERSATION MOTORING WEALTH ■HUA, Tl'ie nev.'l.l.'ceijti ft Tl te ETF re.^iliiri^in GOODWILL GESTURE GE in structured-products buyback It offers to take $594 million worth of structured investment products, some of which have plunged more than 80% in value, off its policyholders' hands. 2 HOT BOURSE SGX
      140 words
Page thumbnail Page 2
  • TOP STORIES
    • MARKETS
      • Article
        Lock icon STOCKS
        47 2 KL COMP 1,174.90 +14.24 NIKKEI 225 10,356.83 +191.62 HANG SENG 20,573.33 +339.25 SET 624.00 +2.05 JAKARTA 2,323.24 +25.10 MANILA 2,798.33 +33.35 KOSPI 1,557.29 +22.55 SHENZHEN B 549.02 +17.92 MUMBAI IND 15,670.31 +282.35 12 noon EDT Chanpe 12 noon EDT cnange DOW 9,186.96 +32.50 NASDAQ 1,991.47 +7.17
        47 words
      • Article
        Lock icon PRIME RATES
        29 2 Bloomberg SINGAPORE 5,38 MALAYSIA 5,55 HONG KONG 5,00 INDONESIA 16,078 TAIWAN 4,776 JAPAN 1,475 KOREA 9,33 BRITAIN 050 US 3,25 CANADA 2,25 SWITZERLAND 0,52 INDIA 11,75 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        47 2 us$ 'S$ »er US$; 1.441 ;US$; /S$ lertf 1.656 2.387 EURO. ;us$/s$/i 1.411 2.034 Forei: current us$ S$ YEN 95.60 66.30 RM 3.522 2.444 HK$ 7.750 5.377 BAHT 34.04 23.61 RUPIAH 9,912 6,877 RENMINBI 6.832 4.741 INDIAN RUPEE 48.17 33.42 A$ 1.208 0.838 NZ$ 1.524 1.058
        47 words
    • Article, Illustration
      Lock icon Great Eastern offers to buy back structured products at par
      726 2  -  Conrad Tan 'Goodwill' gesture for Great Link Choice investments may increase pressure on other firms By conradt@sph.com.sg Singapore GREAT Eastern Holdings is offering to buy back at full value $594 million worth of structured investment products that it sold to
      726 words
    • Article
      Lock icon July market cap hits 12-mth high
      668 4  -  Teh Shi Ning Liquidity, better than expected Q2 earnings fuel market rally By tshining@sph.com.sg Singapore THE liquidity-fuelled stock rally in July sent Singapore's stockmarket capitalisation surging to its highest end-of-month value in a year. Total market value of the 789 listed companies rose 13.3
      668 words
    • Article
      Lock icon US, Swiss reach deal on ÜBS accounts
      373 4 AP, Reuters Miami THE US and Swiss governments have reached an agreement on most of the major disputes in the US effort to get the names of thousands of wealthy Americans suspected of evading taxes by hiding billions in assets with Swiss banking
      AP, Reuters  -  373 words
    • Article, Illustration
      Lock icon Top US banks dish out huge bonuses despite loss
      689 6 LAT-WP NY AG finds Wall St pay 'unmoored' from financial performance New York THE nation's nine largest banks handed out U5532.6 billion in bonuses last year even as they ran up more than US$Bl billion in losses and accepted billions of
      LAT-WP; AFP  -  689 words
    • Article
      Lock icon Businesses see gloom lifting: survey
      459 6  -  Teh Shi Ning Manufacturing and services sectors see marked improvement By tshining@sph.com.sg Singapore Singapore BUSINESS sentiment for Singapore's manufacturing and services sectors has improved significantly, though the number of pessimistic firms still marginally exceeds the optimistic, official survey results yesterday showed. On the manufacturing front,
      459 words
    • Article
      Lock icon Q2 GDP strongest sign yet of bottoming economy
      318 6 AP LATEST US DATA Washington THE US economy sank at a pace of just one per cent in the second quarter of the year, a new government report shows. It was a bet-ter-than-expected showing that provided the strongest signal yet that the
      AP  -  318 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Lock icon Page 2 Miscellaneous Column 1
      61 2 NEWS LIVING Top Stories 2-6 DesiSn L2-* Week In Review 7 DininB Ls^ Raffles Conversation 8,9 Shopping From The Desk Of TO Companies 11-13 -at»<fc>m Singapore T4,T5 gfc Letter From Abroad 16 °'T, World T7-T8 Travel LIO-IT Stocks stats T9-23 Home Garden LT2-T3 Perspective 24-25 Health LI 5 Wealth 26-30
      61 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      227 3 —11—5 I 'tfl ~:-=i -r~ EH II HT^fHteif^ y B r LIFE BY THE WATERFRONT. IT'S BEYOND COMPARE. It's your final chance to live a life unlike any other before. River Place's extraordinary living I H U H awaits just at your doorstep. Being along one of most prized locations,
      227 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      39 4 -jSBI j—-^afl I• 8E Gallop Rd. *****/7800 sq ft 7 rooms, beautiful garden, Build up area approx ***** sq ft posh finishes, quiet, privacy 42M frontage on elevated land 3 mins walk to Botanic Gardens Newsman Sole Marketing Agent
      39 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      304 5 As at June 2009: Morningstar ranked Pheim ASEAN Emerging Companies Growth Fund Ltd* in terms of total returns in US Dollars, for the 1-year, 3-year, 7-year, 10-year and 14-year periods for the Morningstar Category ASEAN Equity Funds. *This Fund started less than 15 years ago; for further details, please visit
      304 words
Page thumbnail Page 6
Page thumbnail Page 7
  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK July 27-31, 2009
      • Article
        Lock icon SGX struggles to stoke the fire of 'dragon chips'
        45 7 NEW mandates for China listings will be harder to come by for the Singapore Exchange as the fight for "dragon chips" gets more intense among bourses. Issue managers here are receiving fewer inquiries from China companies.
        45 words
      • Article
        Lock icon Fund managers place their bets on Asian markets
        48 7 FOREIGN fund managers are banking heavily on an Asian earnings upturn and continual growth in China to drive market momentum forward. The psychology of the markets has changed from the fear of losing money to a fear of missing opportunity.
        48 words
      • Article
        Lock icon Manager's killing flags restructuring woes in China
        47 7 THE manager of an overstaffed steel plant in China's Jilin province was beaten to death last week by workers angry over a plan to drastically restructure the company. Analysts said that the incident was a "wake-up call" for the authorities.
        47 words
      • Article
        Lock icon Couple sue Income over reverse mortgage gone sour
        37 7 A COUPLE is suing NTUC Income in what is seen as a test case over a reverse mortgage deal in which their property was sold amid falling property prices.
        37 words
      • Article
        Lock icon Expat perks put through the wringer
        35 7 EXPATRIATE perks are fast disappearing. "Localising" their packages is a trend that started several years ago and has picked up pace in these lean times, executive search consultants say.
        35 words
      • Article
        Lock icon Judicial managers flag issues at Jurong Tech
        51 7 JUDICIAL managers of Jurong Technologies Industrial Corp have found "questionable" accounting and business practices at the company that would significantly impact its finances, the company said on Tuesday. The managers, from Deloitte Touche, "have forwarded their findings to the regulatory authorities for their
        51 words
      • Article
        Lock icon China's growth at risk of creating asset bubbles
        32 7 CHINA'S impressive economic growth amid global recession is being bought at the cost of severe overheating in Chinese asset markets, analysts warned on Tuesday.
        32 words
      • Article, Illustration
        Lock icon Temasek mulls joint investments with public
        75 7 AFP TEMASEK Holdings may open its doors to co-investments from the general public within the next decade to broaden its stakeholder base, chief executive Ho Ching said on Wednesday. She said that Temasek would first test any plans for joint investments with "sophisticated" investors
        AFP  -  75 words
      • Article
        Lock icon Speculation creeping back into market: Mah
        43 7 SPECULATION is trickling back into the property market and the government is watching the situa- tion closely, National Development Minister Mah Bow Tan said on Wednesday. The authorities will take action should the market overheat, he said.
        43 words
      • Article
        Lock icon Investors' body hits out at Tangs' exit offer
        61 7 THE Securities Investors Association (Singapore), or SIAS, has hit out at the delisting proposal by the Tang brothers, saying that the exit offer has ignored the interests of minority shareholders. "Minority shareholders have been treated with no dignity," SIAS chief executive David
        61 words
      • Article
        Lock icon Wary investors send China stocks down 5%
        49 7 CHINA'S stocks plunged the most in eight months on concern this year's rally has outpaced prospects for earnings growth. The Shanghai Composite Index lost 171.94 points, or 5 per cent, to 3,266.43 at the close, snapping a five-day, 7 per cent advance.
        49 words
      • Article
        Lock icon A bubble that's a gleam in specuvestors' eyes
        37 7 BETTER to suck out the froth now than to burst the bubble later that was what market watchers saw as the government's intention in warning against rash property purchases.
        37 words
      • Article
        Lock icon S'pore GP all smiles as Schumi returns
        46 7 FORMULA One and the 2009 Singapore Grand Prix are set to get a major boost in the form of seven-time world champion Michael Schumacher, who is making a shocking comeback to stand in for injured Ferrari driver, Felipe Massa.
        46 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      165 7 CRYPTIC CROSSWORD features in a theatre? i i m i i SOLUTION 15 Boast about column (4) 820 ACROSS: 1 Behind, 4 25 Bend almost all of small shield (6) 2 Roams foolishly over suspect, is here in Cornwall DOWN 1 Bearskin 2He 27 Picked for team doing southern marsh
      165 words
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 2
      101 7 NEXT WEEK Aug 3-7, 2009 US DATA Aug 3 June construction spending July ISM index July auto sales Aug 4 June personal income/spending June pending home sales Aug 5 July ADP employment change June factory orders July ISM services Aug 6 Initial job claims for first week of Aug Aug
      101 words
Page thumbnail Page 8
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Grande Dame
      2465 8  -  Vikram Khanna From humble beginnings as a teacher, Jennie Chua rose to become doyen of the hospitality industry, yet remains remarkably grounded. By JENNIE Chua is, it seems, everywhere. She is concurrently president and CEO of the Ascott Group; Singapore's non-resident ambassador to the Slovak Republic; chairman of
      YEN MENG JIIN  -  2,465 words
    • Article
      Lock icon Raffles Hotels & Resorts
      76 8 Raffles Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
      76 words
Page thumbnail Page 9
  • FROM THE DESK OF
    • Article, Illustration
      Lock icon The power of personal touch
      850 9  -  Simon Kahn There are several ways companies can not only retain, but also strengthen, customer loyalty during tough times I FROM THE DESK OF Country manager American Express Singapore THE past few months have been a challenging and occasionally harrowing time for most businesses around
      850 words
Page thumbnail Page 10
  • COMPANIES
    • Article
      Lock icon Great Eastern Q2 net profit rises to $97.7m
      499 10  -  Conrad Tan By conradt@sph.com.sg Singapore GREAT Eastern Holdings' net profit rose to $97.7 million in the second quarter from $15.7 million a year earlier, as a rebound in equity and fixed-income markets boosted its insurance fund profits. But the life insurer warned
      499 words
    • Article
      Lock icon Bank lending stands at 7-month high in June
      527 10  -  Conrad Tan Growth fuelled by home loans even as lending to businesses slows By conradt@sph.com.sg Singapore BANK lending rose in June to the highest level in seven months as growth in home loans accelerated even as lending to businesses continued to slow.
      527 words
    • Article, Illustration
      Lock icon Liquidity, momentum continue to drive markets
      887 11  -  R Sivanithy STOCKS sivan@sph.com.sg Senior correspondent LIQUIDITY and momentum in all markets have been positive for the past month, and so it was again this week when the Straits Times Index (STI) gained 126 points or 5 per cent to 2,659.20 over the five
      887 words
    • Article
      Lock icon SIA may cut more capacity if needed
      532 11 Bloomberg SINGAPORE SINGAPORE Airlines Ltd (SIA), the world's second-biggest carrier by market value, may consider further capacity cuts after saying that it may have its first annual loss in 24 years. "If the traffic drops off further and market conditions result in further
      Bloomberg  -  532 words
    • Article, Illustration
      Lock icon Fewer tourists, HINI take toll on CDLHT in Q2
      530 12  -  Chen Huifen Trusts' distributable income falls 36.8% to $15.8 m, DPU drops to 1.89 cents By xuifen@sph.com.sg Singapore CDL Hospitality Trusts (CDLHT) has posted a 36.8 per cent year-on-year fall in its second-quarter distributable income to $15.8 million, dragged down by
      FILE PHOTO  -  530 words
    • Article
      Lock icon Top Thai broker Kirn Eng's Q2 net profit jumps 35%
      160 12 Reuters KIM Eng Securities, Thailand's largest broker, reported a 35 per cent rise in second-quarter earnings yesterday, thanks to a jump in average daily trading volume, slightly above market expectations. Kirn Eng, a subsidiary of Singapore's Kirn Eng Holdings, posted
      Reuters  -  160 words
    • Article
      Lock icon Capita Land shares slip 4.3% on news of bond issue
      526 12 Singapore CAPITALAND'S share price closed 4.3 per cent lower yesterday after the property group announced its $1.1 billion seven-year convertible bond (CB) issue due in 2016. Some near-term share price weakness is expected due to the dilutive impact of the
      526 words
    • Article
      Lock icon No minority support for Kingboard Copper exit offer
      520 13  -  Chew Xiang In hostile, emotional meeting, they register unhappiness over low offer, vote venue By xchew@sph.com.sg Singapore SMALL shareholders say that an exit offer for Kingboard Copper Foil is too low and doesn't value the company fairly, according to two people who
      520 words
    • Article
      Lock icon SingTel's Optus launches 2b euro note programme
      217 13 SINGAPORE SINGAPORE Telecommunications yesterday said that wholly owned Optus Finance Pty has set up a two billion euro (Ss4.l billion) medium-term note programme. Under the programme, which is guaranteed by Sing Tel Optus Pty and certain of its subsidiaries, the issuer may from
      217 words
    • Article, Illustration
      Lock icon SMRT Ql net rises 19.6%
      411 13  -  Nisha Ramchandani By nishar@sph.com.sg Singapore BOLSTERED by higher operating profits, SMRT Corp posted a 19.6 per cent year-on-year jump in net profit to $48.2 million for the first quarter of FY2OIO ended June 30, 2009. Group revenue was generally flat compared with the previous corresponding
      FILE PHOTO  -  411 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      83 10 viva BE ENCHANTED Previewing Soon! One of the last remaining parcels of FREEHOLD land in district 11 Unrivalled location of being situated right next to United Square Less than 5 minutes walk to Novena MRT, Velocity, Square 2 and Novena Square Superior layouts completed with designer fittings and finishes 235
      83 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      399 11 A SATS NOTICE TO CREDITORS OF FIRST MEETING In the Matter of IN THE MATTER OF THE COMPANIES The Companies Act, Cap. 50 ACT (CHAPTER 50) And IN THE MATTER OF In the Matter of INNOVATIVE STRUCTURAL SYSTEMS AT3 HOLDINGS PTE. LTD PTE LTD U° Members Voluntary (IN LIQUIDATION) Liquidation)
      399 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      37 12 Leedon Pk *****/8000 sq ft I Beautiful Land for Rebuild jg^ Can Sub-divide to two plots 53M Frontage, Flat Land •Greenery View g Easy Access to Holland Village Good Feng Shui Mj3l ySmn^^^P "ewsman c Marketing Agent
      37 words
Page thumbnail Page 13
Page thumbnail Page 14
  • SINGAPORE
    • Article, Illustration
      Lock icon Shell's top level clear-out may hit 20 locals
      506 14  -  Ronnie Lim Restructuring affects managers just two steps down from group's top executive committee level By ronnie@sph.com.sg ABOUT 20 of Shell's top executives based in Singapore are affected by the Anglo-Dutch group's latest management restructuring, BT understands. The global shake-up announced on
      BLOOMBERG  -  506 words
    • Article, Illustration
      Lock icon Chaly Mah appointed SLA deputy chair
      307 14 MINISTER for Law X Shanmugam has appointed Chaly Mah deputy chairman of the Singapore Land Authority, effective today. Mr Mah is CEO regional managing partner of Deloitte Touche Tohmatsu in the Asia-Pa-cific and also CEO of Deloitte Singapore and Deloitte South East Asia. He
      307 words
    • Article
      Lock icon S'pore remains top meeting city
      341 14  -  Nisha Ramchandani By nishar@sph.com.sg IN a testament to its attractiveness as a Mice (meetings, incentives, conventions and exhibitions) destination, Singapore was crowned "Top International Meeting City" in the Union of International Associations (UIA) 2008 Global Rankings for the second consecutive year. With 637 meetings, Singapore
      341 words
Page thumbnail Page 15
  • LETTER FROM ABROAD WITH ASCOTT
    • Article, Illustration
      Lock icon Where people really enjoy life
      866 15  -  Kobchai Phadoemchit I LETTER FROM VANCOUVER Student at University of British Columbia It is not the perfect place but it is a place where you can come and just be whoever or whatever you want to be without worrying about fitting in. We invite Singaporeans
      866 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      100 15 CELEBRATING 25 YEARS OF DEFINING GLOBAL LIVING Enjoy <*\ P" O CC Stand a chance to win >--r fr--!* 25% Off FRFFQtavQ V%£ Best Available Rates rIXCt. bldyb for stays till 31 December 2009* for 25 years* THE ASCOTT GROUP JSKL> Celebrating £*y YCcIITS For bookings or more information, k
      100 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      17 15 THE ASCOTT GROUP A Member of CaprtaLand This series is brought to you by The Ascott Group
      17 words
Page thumbnail Page 16
  • WORLD
    • Article, Illustration
      Lock icon LDP woos voters with manifesto
      685 16  -  Anthony Rowley It vows to achieve GDP growth of 2% By btworld@psh.com.sg Tokyo STUNG into action by the prospect of losing control over the government for the first time in more than 50 years to the opposition Democratic Party of Japan, Prime Minister Taro Aso's
      REUTERS  -  685 words
    • Article
      Lock icon Chinese provinces post double-digit HI growth
      218 16 Xinhua Beijing China's 13 provincial-level regions have reported double-digit growth in gross domestic product (GDP) year-on-year in the first half of the year, beating analyst estimates, Shanghai Securities News reported yesterday. Of China's 27 provinces, autonomous regions and municipalities that have reported their first-half
      Xinhua  -  218 words
    • Briefing
      • Article
        Lock icon Europe consumer prices in biggest 13-year drop
        64 16 Bloomberg Brussles Consumer prices in Europe fell by the most in at least 13 years in July after energy costs declined and unemployment rose to the highest in a decade. Prices dropped 0.6 per cent from a year ago, the most since data
        Bloomberg  -  64 words
      • Article
        Lock icon IMF warns of soaring debt in major economies
        55 16 AFP Washington Rising public debt of the major developed countries could undermine efforts to spur economic recovery, the International Monetary Fund warned on Thursday. The growing debt levels could undermine investor confidence and push up interest rates, and eventually reverse economic gains,
        AFP  -  55 words
      • Article
        Lock icon Mixed fortunes for Japan's top banks
        72 16 AFP Tokyo Japan's top two banks saw mixed fortunes in the first quarter through June. Mitsubishi UFJ Financial's profits soared 48 per cent, thanks to stronger global markets. But rival Mizuho suffered a loss. MUFG said that net profit rose to 75.94 billion yen
        AFP  -  72 words
      • Article
        Lock icon BA sees no upturn, pledges more cost cuts
        53 16 Reuters London British Airways said yesterday that it saw no improvement in bleak trading conditions and vowed to continue to cut costs. The carrier's revenues fell by over 12 per cent for the three months to end June to just under £2
        Reuters  -  53 words
      • Article
        Lock icon Disney Q3 profit falls 26%
        69 16 AP California Family entertainment company The Walt Disney Co said on Thursday that its fiscal third-quarter profit fell 26 per cent from a year ago, hurt by the tough global economy. Net income for the three months ended June 27 sank to US$954 million, or
        AP  -  69 words
    • Article, Illustration
      Lock icon Economic crisis raises women's job vulnerability
      646 17 Reuters Jobless women seen rising 5.7% in 2009, compared with 4.9% for men Bangkok WHEN a major swimwear factory in Bangkok found its sales plummeting in the economic downturn, it laid off about 1,900 workers, almost all of them women. That didn't surprise labour
      Reuters; REUTERS  -  646 words
    • Article
      Lock icon SEC probes flash orders to ensure fair access to data
      270 17 Bloomberg New York THE US Securities and Exchange Commission (SEC) is examining so-called flash orders to ensure equity markets are not putting investors at a disadvantage by giving some brokerages advance knowledge about trades. "The SEC staff is specifically examining
      Bloomberg  -  270 words
    • Article
      Lock icon Bargain pickings in post-1945 art
      480 17 Reuters Zurich INVESTORS battered by a credit crisis could look beyond equities and bonds in their quest for returns. Those with a keen eye are beginning to see bargains in contemporary art. Prices of works by artists born after 1945 have fallen nearly a third
      Reuters  -  480 words
Page thumbnail Page 17
Page thumbnail Page 18
  • SGX
    • Article
      Lock icon Transaction date: Jul 31
      9076 18 SZ-wks Tel ligh Low Code Company Last Sale Vol (■000) Day Last Quote High Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil 2 3 3148 8Telecom t_S 2.5 5834 A-Sonic !4.5 12 5000 ABR Hldgs _3 5.5 1938 AEI Corp I 1 1100
      9,076 words
    • Article
      Lock icon SGX CATALIST
      1534 21 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 9 5 1181 s AA Grp 16 12 8538 t APStrategic 0.5 1501 s Advanced System '.5 2 3480 t Adventus 13.5 8.5 3518 s Afor 2.5 2 1524 t Alantac 6 3.5 7814 t
      1,534 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      46 21 Up Down Unch 8 5 4 Up Down Unch OOP Up Down Unch 8 5 4 lulti Ind lanui tectunni .ommerce -inance .onst ;rud ;ion jerties Totel Sts" >ervices >as/ ler ;ure larr Active counters with no volume for todai are not included
      46 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      177 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co
      177 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      792 21 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jul 27 Trans Date Shareholder/ Director Sell Conv Shares '000 Per ShrS Before (TOO) After ('000) Stock Suntec Reit 30-Jul-09 Fu Yu Corp Ltd 29-Jul-09 Fu Yu Corp Ltd 29-Jul-09 Fu Yu Corp Ltd 29-Jul-09 Fu Yu Corp Ltd 29-Jul-09
      792 words
  • Page 18 Advertisements
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • STOCK MARKETS
    • Article, Illustration
      Lock icon Straits Times Index
      20 22 Source: YTD change: +50.96% 52-week high: 2,960.92 on July 31,2008 52-week low: 1,455.47 on March 10,2009 Bloomberg
      Bloomberg  -  20 words
    • Article, Illustration
      Lock icon Hang Seng Index
      20 22 Source: YTD change: +43.00% 52-week high: 22,881.20 on Aug 1,2008 52-week low: 10,676.20 on Oct 27,2008 :Bloomberg
      :Bloomberg  -  20 words
    • Article, Illustration
      Lock icon Dow Jones Industrial Average
      25 22 Source:! YTD change:+4.3l% 52-week high: 11,867.10 on Aug 11,2008 52-week low: 6,469.95 on March 6,2009 (Chart shows Thursday's index closing) Bloomberg
      Bloomberg  -  25 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      364 22 Jul 30 dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 750.7 1.7 10.7 1.5 13.3 1.7 13.2 EAFE Preliminai 715.7 1.7 10.3 1.4 14.1 1.7 14.0 Euroi Preliminai 992.9 2.0 8.9 1.9 14.6 2.2 14.5 Pacific 610.5
      364 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      144 22 Jul3l\ :urrencies Bid >$/US$ to one unit of foreign currency: Australian dollar 1.1923 Offer 1.1942 Bid 0.8277 Offer 0.8282 :anadian dollar 1.3323 1.3344 0.9249 0.9254 iuro 2.0327 2.0354 1.4111 1.4116 IZ dollar 0.9447 0.9462 0.6558 0.6562 jterlini 2.3852 2.3882 1.6558 1.6563 IS dollar 1.4405 1.4419 >$/US$ to
      144 words
    • Article, Illustration
      Lock icon Shanghai Stock Exchange Composite
      21 22 Source: YTD change: +87.39% 52-week high: 3,454.02 on July 29,2009 52-week low: 1,664.92 on Oct 28,2008 Bloomberg
      21 words
    • Article, Illustration
      Lock icon Nikkei 225
      18 22 Source: YTD change:+l6.9o% 52-week high: 13,468.80 on Aug 11,2008 52-week low: 6,994.90 on Oct 28,2008 Bloomberg
      Bloomberg  -  18 words
    • Article
      Lock icon LIFFE
      73 22 Jul 3o|| IOCOA (£/tonne) Close Prev Hi! 'Low lepO9 1831 1778 1840/1775 >ecO9 1855 1799 1861/1795 /lar 10 1857 1801 1864/1799 /lay 10 1848 1794 1855/1797 :OFFEE (US$/tonne) Close Pev High/Low lul 09 1468 1464 1475/1473 5epO9 1490 1484 1500/1484 >Jov09 1515 1507 1524/1510 SUGAR (US tonne) White Close
      73 words
    • Article
      Lock icon CHICAGO BOT
      93 22 Jul 3o|| iOYBEANS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low \ue 09 1128.*****7.*****4.*****7.25 5epO9 1029.00 964.*****4.00 964.00 \lov09 971.00 916.00 984.50 913.75 Ian 10 974.50 919.75 989.00 927.00 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low kugO9 34.93 33.07 35.24 33.07 !epO9 35.13 33.26 35.47 33.32 DctO9
      93 words
    • Article
      Lock icon OIL
      75 22 Jul 3p| ISS/barrel (FOB origin) Close Chang) Srent blend (1-Mth F) VTI (Near Mth) )ubai (1-Mth F) 'apis blend /linas 69.66 3.0( 67.18 4.3: 66.07 -1.3! 72.05 -1.4( 68.50 -1.4( •RODUCT ISS/barrel (FOB S pore) Close Chang' \l aphtha let Kerosene 61.05 -1.6! 72.31 -2.81 JSS/barrel )pec Oil Basket
      75 words
    • Article
      Lock icon METALS
      71 22 Jul 3 l\ GOLD (US$/oz) Jul 31 Jul 30 Hong Kong 933.80 929.60 934.80 930.60 Jul 30 Jul 29 London 935.70 929.20 936.50 930.20 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 19.58 19.35 Source: UOB PLATINUM Lon (US$/oz) Jul 30 Close Previous PM Fix 1180.*****1.00 AM Fix
      71 words
    • Article
      Lock icon PALM OIL
      64 22 Jul3l\ KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Low Vol Done Open Position Hit Aug 09 2320 2274 2320 2279 209 1014 Sep 09 2214 2205 2268 2205 2379 ***** Oct 09 2206 2189 2248 2175 ***** ***** Nov 09 2200 2184 2243
      64 words
    • Article
      Lock icon LONDON METALS
      70 22 Jul 3p| Uumlnlum, 99.7% mrity (US$/tonne) Close Previous :ash months 1854.50 1879.00 1766.75 1795.00 lopper, Grade A :us$; "onne) lash J months 5604.50 5602.00 5406.50 5415.00 ■ead (US$; "onne* :ash 1 months 1799.50 1820.00 1739.00 1760.00 lid /tonne; lose ■revious :ash months •in (US$/tonne; *****.00 *****.00 *****.01 *****.01
      70 words
Page thumbnail Page 23
  • PERSPECTIVE
    • Article, Illustration
      Lock icon Beware computer traded funds
      861 23  -  Neil Behrmann Individual investors should have tight stop-loss orders to limit risk as the 'big boys' hold sway with high frequency trading London correspondent THERE is a good reason why the expression "Bull markets must climb a Wall of Worry" is a trader cliche. The latest
      AFP  -  861 words
    • Article, Illustration
      Lock icon Why the LDP deserves a good thrashing
      871 23  -  William Pesek Jr Bloomberg JAPAN'S election next month may produce an unexpected winner: investors. The more obvious victor will be the opposition Democratic Party of Japan, which is widely expected to nudge the Liberal Democratic Party from its almost 55-year grip on power.
      871 words
Page thumbnail Page 24
  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon ETFs take Asia by storm
        1351 24  -  Genevieve Cua BGI says assets under management of iShares ETFs in Asia ex-Japan reached USs4.3b at end-December, a growth of 43.7% over 2007 By HE exchange traded W funds (ETF) revolu- tion has hit Asia even though you're unlikely to discern it from those listed
        ||STOCK.XCHNG  -  1,351 words
      • Article
        Lock icon brokers' take
        671 24  -  Joyce Hooi Capita Land Buy DMG Partners Securities, July 31 close: $3.82 CAPLAND has announced a $1.1 billion seven-year unsecured convertible bond issuance, which could increase by up to another $100 million should a 30-day overallotment option be exercised. With a coupon and yield to maturity rate of
        671 words
      • Article, Illustration
        Lock icon From the rough onto the fairway
        1238 25  -  Roy Varghese WEALTH INSIGHTS To enjoy golf, discipline and patience are needed that's also true of investing in these challenging times Foundation Adviser ipac Singapore OLFERSwiII understand that it's quite easy to link their beloved game to the experiences of an investor. Whether you
        AP Photo  -  1,238 words
      • Article, Illustration
        Lock icon A boot camp to get you in shape for retirement
        1554 26  -  Tara Siegel Bernard NYT J^T" ARCIA Tillotson and Joy Kenefick aren't your typical drill sergeants. They run what they call a retirement boot camp, aimed at making sure their investment clients who are contemplating retirement know exactly what they're getting
        NYT; STOCK.XCHNG  -  1,554 words
      • Article, Illustration
        Lock icon When crunch takes a toll on love
        1113 27 LAT-WP The American Association of Independent Consumer Credit Counselling Agencies says the number of cases the group sees has doubled during the recession Washington OR many couples, the financial crisis has come down to a test. How good are they at tackling tough
        LAT-WP; STOCK.XCHNG  -  1,113 words
      • Article
        Lock icon Some tips on how to make things work
        193 27 LAT-WP MAINSTREET Financial Planning president James Ludwick offers tips on how to reach a compromise when money conflicts arise in a relationship. B> Try making "money dates" at least twice a month. That's when you talk about spending, saving, debt payments and
        LAT-WP  -  193 words
    • WEALTH REAL ESTATE
      • Article, Illustration
        Lock icon Pricier units making up bigger share of home sales
        576 29  -  Emilyn Yap Proportion of private homes sold at over $1.5 m rise by six percentage points in 2 months By emilyny@sph.com.sg EFLECTING larger buying appetites and more mid- to high-end launches in the market, the proportion of private homes sold at
        DTZ,URAReaIis  -  576 words
      • Article
        Lock icon Property rents in Dubai seen falling less
        396 29 Reuters Dubai RENTS for residential and commercial properties in Dubai will fall for the rest of this year, but declines will be marginal compared with the first half of the year, CB Richard Ellis said on Thursday. The Gulf emirate's once-booming property sector
        " Reuters  -  396 words
Page thumbnail Page 25
Page thumbnail Page 26
Page thumbnail Page 27
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      930 28 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 9 NON-LANDED NON-LANDED Aquarius By The Park Apt 10/07/2009 99 893 550 616 Oleanas Residence Apt 09/07/2009 FH 1227 1200 978 BayshorePark Apt
      930 words
Page thumbnail Page 29
Page thumbnail Page 30
Page thumbnail Page 31
  • BT Living
    • DESIGN
      • Article, Illustration
        Lock icon CIRCULAR ARGUMENT
        2155 31  -  Lim Sio Hui Geoffrey Eu Geoffrey Eu Lim Siu Hui Architecture goes back to basics for two of its practitioners, who are drawn to organic shapes and a desire to keep people comfortable. By and TOYO ITO IN recent weeks, the Japanese architect Toyo Ito has been the
        PHOTOS COURTESY OF TOYO ITO; JAMES LAW  -  2,155 words
      • DINING
        • Article, Illustration
          Lock icon Big fish, mall pone
          1937 33  -  Audrey Phoon Local fine-dining brand names are venturing into shopping malls to target a bigger audience and offer their clientele more value. By Cafeteria il Lido #81-12 Suntec City Mall 3 Temasek Boulevard 52 6883-2341 Opening late August IL LIDO owner Beppe de Vito is a
          YEN MENG JIIN  -  1,937 words
    • SHOPPING
      • Article, Illustration
        Lock icon Stepping out in style
        473 35  -  Melissa Lwee Giuseppe Zanotti is making a bigger bid for market share by opening a second store at lon Orchard. By FOR a brand to successfully infiltrate a market, special care must be taken when choosing the malls to retail in. Which is precisely what the
        473 words
      • Article, Illustration
        Lock icon pick of the orchard
        454 35 What's new and hot at Orchard Road Bling it on EVER heard of simulated diamonds? At 18 KARAATS, these diamond alternatives are actually lab-created gemstones from the USA Hand-cut and polished using techniques used on natural diamonds, the sparklers are set on 18-karat solid white gold.
        454 words
      • Article, Illustration
        Lock icon SKINCARE ON THE GO
        1173 36  -  Melissa Lwee BT Weekend picks beauty products that should make the cut for your hand luggage when you travel. By CABIN AIR SUPPOSEDLY IS AS HUMID AS AIR IN THE SAHARA DESERT WHICH MEANS THAT THE MOISTURE WILL BE SUCKED OUT OF YOUR SKIN EVEN AS
        1,173 words
      • Article, Illustration
        Lock icon The world at your fingertips
        606 36  -  Christopher Lim Quintessential^, Rednano and Visa give you tools to plan trips and getaways. By WHEN you are overseas on holiday, your Blackßerry mobile phone might seem like little more than a conduit for office e-mail to transmute your precious relaxation time back into work.
        606 words
    • TRAVEL
      • Article, Illustration
        Lock icon To buy or not Dubai?
        1390 37  -  Michael Chiang DRIVING into Dubai, the first thing you notice is that there is not a single pedestrian in sight. No man, woman or child ambling along the streets. No business executive with mobile phone squished on a stressed-out shoulder, frantically trying to hail a
        MICHAEL CHIANG  -  1,390 words
    • HOME & GARDEN
      • Article, Illustration
        Lock icon DOWN BY THE BEACH
        718 38  -  Lim Sio Hui personal space Unobtrusive and luxurious furnishings make this Sentosa home a seaside sanctuary. By PHOTOS BY. A BEACHFRONT vacation home is not an uncommon commodity overseas, but here on land-scarce Singapore, they're an almost un-heard-of luxury. This one could possibly make many of
        JOHN HENG  -  718 words
      • Article, Illustration
        Lock icon OUT OF THE BOX
        903 39  -  Corinne Kerk Gaggenau, German maker of premium kitchen appliances, recently launched its latest project a mobile showroom By J OU could say Gaggenau's latest project is akin to the making of a baby it began with an idea, more specifically, a desire to extend the family;
        GAGGENAU  -  903 words
    • HEALTH
      • Article, Illustration
        Lock icon Best of both worlds
        867 41  -  Cheah Ui-Hoon Patients would benefit most from an integrative approach of Western cancer therapy and TCM. By lAG Healthsciences #07-11/12 Paragon Medical Suites *****-3637 TRADITIONAL Chinese medicine (TCM) can be used to treat many a lifestyle ailment, but here's the definitive word on cancer from a
        YEN MENG JIIN  -  867 words
    • SPORT
      • Article, Illustration
        Lock icon Respect is earned, not demanded
        637 42  -  Winston Chai winstonc@sph.com.sg Journalist THE Kallang roar resonated through the spectator stands once again last Sunday at the Singapore-Liv-erpool friendly but unfortunately the sea of red wasn't rooting for the home side. Complaints from some national team players about the lack of support sparked a
        637 words
      • Article, Illustration
        Lock icon Red faces and a red tide
        589 42  -  Lee U-Wen no holds barred leeuwen@sph.com.sg Correspondent OVER the past week, there has been much debate among football fans over how Singaporeans thronged the National Stadium last Sunday in droves not to root for the Lions, but their opponents instead. Legendary English club Liverpool
        589 words
    • GOLF
      • Article, Illustration
        Lock icon The evergreens
        1019 43  -  Justine Moss 59 could be the new 49 in golf. Tom Watson's performance is proof that older golfers are still well in the swing By LAST week, incredibly, 59-year-old Tom Watson almost became the oldest winner at the world's oldest Major. Unfortunately, he just missed out on emulating
        AP  -  1,019 words
    • MOTORING
      • Article, Illustration
        Lock icon OPEN-TOP COUPE
        699 44  -  Samuel Ec The IS-Convertible may not be everyone's idea of a family car but Lexus promises that it is eminently suitable for a young family of four. By MOST makers of the hard-top convertible love to say that their model is as versatile as a coupe. Lexus makes
        699 words
      • Article, Illustration
        Lock icon Big and smoother
        494 45  -  Samuel Ec The new Maserati coupe promises more power without compromising comfort. POWER with silken smoothness is what the new Maserati GranTurismo S Automatic promises. The sensuously styled Maserati coupe now comes with big power and big comfort in the form of a 4.7-litre V 8 engine
        494 words
      • Article, Illustration
        Lock icon Taste the suite side of F1
        619 46  -  Samuel Ec fl watch At next month's Grand Prix, customers will get to enjoy a new type of corporate suite By THE economic downturn has led to the creation of a brand new product at next month's Singapore Grand Prix. The Green Room is
        619 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      1012 32 Wine^dine with BTWeekend Chatterbox noodlebar station to one of the largest salad For reservations, please call 6826-8240 or a minimum of four paying guests, a Level 39 Orchard Wing bars in town. The restaurant also serves a e-mail celebrate.sin@panpacific.com. complimentary meal! This offer is available Meritus Mandarin Singapore delicious brunch
      1,012 words
Page thumbnail Page 33
Page thumbnail Page 34
Page thumbnail Page 35
Page thumbnail Page 36
Page thumbnail Page 37
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Lock icon Page 40 Advertisements Column 1
      41 40 DESIGN HOMES A PUBLICATION OF THE PEAK la^fgtr iV.'ft**-WnPTBJn nr^*"* —iv vj^^hi it■ |r*^ ~—-~z^^^^^^^k ****aHHH^*** SHH _^B^t_^^^^^^^^^^^^^^^^^^^^^h ■■pn n Uk S^'^ irliL '.2 1 < DEBUT ISSUE Available at BOOKS KINOKUNIYA BORDERS TIMES BOOKSTORES MPH PAGE ONE HARRIS TIMES NEWSLINK sPHmagazines
      41 words
Page thumbnail Page 41
Page thumbnail Page 42
Page thumbnail Page 43
Page thumbnail Page 44
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Lock icon Page 45 Advertisements Column 1
      34 45 I V t|M^^^^^^ J Toyota Wish where dreams become REALITY y^T^ NEW ALEXANDRA SHOWROOM, THE ALEXCIER, 237 AleyardraßMd«ol-13VH/15/16 TEL: 6473 1119 A/ /O ÜBI SHOWROOM,6I Übi Aw i AML Building, SO2-1& TEL:6749 1119 V
      34 words
Page thumbnail Page 46