The Business Times, 15 December 2009

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Microfilm: NL30338
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Tuesday, December 15,2009
    20 words
  • Article, Illustration
    Lock icon Industrial rents may tip-toe downward more softly
    588 1  -  EMILYN YAP Sector not expected to recover fully in 2010, but it may get healthier By [SINGAPORE] Production lines may be running again but market watchers do not expect the industrial property sector to bounce back next year. Economic uncertainty, relocation to offices
    588 words
  • Article, Illustration
    Lock icon Abu Dhabi throws US$10b lifeline, Dubai grabs it
    745 1  -  LEE U-WEN Reprieve will allow Dubai World to repay US$4. lb on maturing Nakheel bond; markets rise By [SINGAPORE] Debt-laden Dubai has received a precious lifeline from oil-rich neighbour Abu Dhabi, which announced yesterday that it would not let the struggling emirate
    REUTERS  -  745 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      81 1 IS$ (S$ per US$) 1.391 (US$/S$ per 1.627 2.263 ;URO (US$/S$/E) 1.468 2.043 Foreign currency per US$ S$ 'EN 88.60 63.70 3.407 2.448 IK$ 7.751 5.571 !AHT 33.12 23.80 lUPIAH 9,460 6,798 lENMINBI 6.828 4.908 INDIAN RUPEE 46.63 33.51 1.097 0.788 1COMP 1,265.45 +5.45 IIKKEI225 10,105.68 -2.19 1ANG SENG
      81 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.776 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75 Source Bloomberg
      : Bloomberg  -  29 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      92 1 SMEINC JUgglLUBi COMPANIES CURRENCIES FORMULA ONE J'J Action Asia reaps Bp Tl|^ Syariah-compliant US dollar holds key Kovalainen, Trulli to R&D rewards Ui -jfl Reit on its way here to markets in 2010 drive for Lotus Fl PAGE 10 Wi« PAGE 6 PAGE 2 PAGE 14 I C S. PROPERTY
      92 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Citigroup set to repay US$20b TARP money
      576 2 Bloomberg Aim is to stay clear of govt's pay limits, which could spark talent raid by rivals [NEW YORK] Citigroup Inc is nearing an accord with the US Treasury Department and regulators that would let the bank repay its US$2O billion of bailout
      – Bloomberg; AP  -  576 words
    • Article, Illustration
      Lock icon US dollar holds key to markets in 2010
      708 2  -  NEIL BEHRMANN By in London A SURPRISE rally of the US dollar in recent weeks has thrown a spanner in the works of a currency dogma that has lasted for two years. The implications could have a major impact on global equity,
      AFP  -  708 words
    • Article
      Lock icon Scenarios for gold, stocks if more bad news hits
      405 2  -  OH BOON PING CMC analyst bullish on commodity currencies By [SINGAPORE] Gold could retreat to US$l,O7O an ounce by year-end if markets are hit by more bad news out of Dubai, says CMC Markets chief strategist Ashraf Laidi. The London-based analyst
      405 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Abu Dhabi throws US$l Ob lifeline, Dubai grabs it
        59 2 DEBT-LADEN Dubai has received a precious lifeline from oil-rich neighbour Abu Dhabi, which announced yesterday that it would not let the struggling emirate sink in its financial quagmire. Abu Dhabi pledged help in the form of a US$lO billion emergency fund
        59 words
      • Article
        Lock icon Industrial rents may tip-toe downward more softly
        57 2 PRODUCTION lines may be running again but market watchers do not expect the industrial property sector to bounce back next year. Economic uncertainty, relocation to offices and a greater supply of industrial space could cause rents to fall further, though at a more
        57 words
      • Article
        Lock icon Citigroup set to repay US$0b TARP money
        68 2 CITIGROUP Inc is nearing an accord with the US Treasury Department and regulators that would let the bank repay its US$2O billion of bailout funds and escape government pay limits, people familiar with the matter said. Under the plan, which may be announced
        68 words
      • Article
        Lock icon Talks resume after African half-day walkout
        67 2 AFRICAN nations agreed to resume UN climate talks yesterday after a half-day walkout, accusing rich countries of trying to kill the existing Kyoto Protocol. The protest came just four days before a summit of 110 leaders aims to agree on a UN pact to
        67 words
      • Article
        Lock icon Syariah-compliant Reit on its way here
        53 2 ARA Asset Management has partnered a Qatar-based property group to list a Syariah compliant real estate investment trust in Singapore possibly the first for the country. The Reit could hold some $1 billion worth of properties largely from the hospitality sector in Qatar. COMPANY
        53 words
      • Article
        Lock icon US, BRIC to lead business activity next year: survey
        57 2 THE US and BRIC countries (Brazil, Russia, India and China) are expected to lead global business activity in the next 12 months, according to a new survey from KPMG. But the European Union and Japan will see a more muted recovery
        57 words
      • Article
        Lock icon One more charged in Port Klang scandal
        55 2 A FORMER engineer with Kuala Dimensi, the developer of the Port Klang Free Zone, was charged yesterday in Malaysia's Sessions Court with 24 counts of cheating in connection with the development. This brings to four the number of people charged in relation to
        55 words
      • Article
        Lock icon Pipeline pulls China, Central Asia closer
        63 2 CHINA extended its reach into Central Asia's natural resources yesterday as its leader, Hu Jintao, opened a pipeline linking a gas field in Turkmenistan with China's restive Xinjiang region. The leaders of Kazakhstan, Uzbekistan and Turkmenistan joined Mr Hu to commission the 1,833 kilometre
        63 words
      • Article
        Lock icon Cadbury gets rival interest as it rejects Kraft's bid
        72 2 BRITAIN'S Cadbury has received interest from other bidders as it dismissed a £10 biUion (5522.6 billion) bid from Kraft Foods. The chocolate maker also raised its growth targets. Cadbury called Kraft's bid "wholly inadequate", kicking off a seven-week fight for its
        72 words
      • Article
        Lock icon British Airways cabin crew vote to strike
        59 2 BRITISH Airways cabin crew will strike over the Christmas period, their union said yesterday, throwing the plans of thousands of holiday makers into uncertainty at one of the busiest times of the year. Strikes are to begin on Dec 22 and run for
        59 words
    • Article, Illustration
      Lock icon African nations calm storm after half-day walkout
      995 3 Reuters, AP UN CLIMATE CHANGE CONFERENCE Heated exchanges from parties, Danish host agrees to more African focus wealthy countries and imposed penalties for failing to meet those targets. Poor countries want to extend that treaty because it commits rich nations to emissions cuts
      – Reuters, AP; AFP  -  995 words
    • Article, Illustration
      Lock icon Rental gap between office, high-tech shrinks
      445 3  -  KALPANA RASHIWALA This pares incentive to relocate, curbs flight from CBD Core By [SINGAPORE] The rental gap between office and high-tech industrial space has narrowed over the past year due to a bigger correction in office rents than in high-tech rents. This has reduced
      Joneslann laSalle  -  445 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      94 2 i Fantasy Waterbeds Pte Ltd Where Sleep Matters. A f> yJ^Y 'U knock you out without the pills! We've mastered the science of sleep without counting sheep, drinking milk or popping harmful pills to give you complete holistic sleep and all the benefits that come with it. Waterbeds Latex visit
      94 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      21 2 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
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  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      288 3 M m^P <t- IMPS 'cJ''l' sss* lis ■y'i <B ,iiSj, KEIC Buyer Credit I l^bS Commercial Loan Ifgfli AUD3.7bn Bffiwffl^l A Lead Arranger Kf*;^^t| I^B 2009 Australia BH P93 l^^^^ly''/ GROSVENOR B^&*sl^ar Mandated Lead Arranger, Bond Purchaser, Lender and Hedging Provider l^l?MV^T*[*T7^M^l*l^Mil7??H*lir[*TMl?iH*l^Mi|?lT*l*l*]l9 Ism*. r Ail B Grosvenor Group Limited 3[sMi»lrß^MTT73llilJ<cTnliniT«WnwT*Bg«TirßnTt]|lliM
      288 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI off to indifferent start
      550 4  -  CONRAD TAN STOCKS Elsewhere in the region, other major stock benchmarks ended mixed STOCKS here started the week with no clear direction yesterday, amid quiet trading throughout most of Asia. After alternating between gains and losses earlier in the day, the Straits Times Index (STI)
      : Bloomberg  -  550 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      99 4 Up Down Unch Up Down Unch Up Down Unch lulti Ind 4 6 6 0 0 0 4 6 6 lanufacturing 56 50 80 11 61 58 91 Commerce 21 25 21 25 29 24 "pt/Stor/Comms 12 11 18 12 11 21 ■inance 16 16 instruction 15
      99 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      105 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21,796 21,796 82,166 82,166 lanufacturing 248,934 11,703 260,637 181,868 1,003 182,871 lommerce 107,063 7,127 114,190 86,954 1,219 88,173 'pt/Stor/Comms 83,098 2,738 85,836 138,634 560 139,194 :i nance 18,266 18,266 146,400 146,400 lonstruction 30,182 31,871 62,053 8,926 485 9,411 'roperties
      105 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      100 4 lapitaLand 4.250 4-0.060 lapltaMal 1.740 4-0.020 jtyDev 10.840 4-0.060 lomforiDelGrc 1.530 -0.020 Iosco Corp 1.060 -0.020 IBS Grp 14.780 :&N 4.050 4-0.050 ienting SP 1.080 iolden Agri 0.480 -0.010 IK Land 4.950 4-0.050 IMH 29.260 4-0.020 ISH 17.280 -0.060 lardineC&C 24.720 -0.580 Ceppel Corp 8.160 -0.030
      100 words
    • Article
      Lock icon BROKERS' TAKE
      912 4  -  CONRAD TAN Singapore Reits DBS GROUP RESEARCH, Dec 14 SINGAPORE real estate investment trust (S-Reit) yields have normalised back to a market cap weighted 7.4 per cent FY2OIO distribution per unit, or 480 basis points over the 10-year bond yield, in tune with long-term historical levels. Hence, the
      912 words
    • Article, Illustration
      Lock icon Won, baht up on US$10b Dubai bailout
      415 4 Reuters CURRENCIES [BANGKOK] The South Korean won and the Thai baht were lifted by news Dubai received a US$lO billion bailout from fellow UAE member Abu Dhabi, while most Asian stocks rallied on improved risk appetite. The won rebounded sharply, gaining 0.7 per
      ■ Reuters; REUTERS  -  415 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 4 CLOSE IT OB/OS 414.00 +283. C IT CADI -*****.00+31.01 IT 10-day MA -*****.00+41.01 TSE ST Mid Cap 662.54 +0.2 TSE ST Small Cap 530.62 +0.3 TSE ST All Share 688.76 -0.1 TSE ST China Top 278.63 +1.31 TSE ST China 300.05 +2.21 TSE ST Catalist 1207.08 +6.7.
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 4 VOLUME Golden Agri 68,058,000 Teledata 51,491,000 China XLX 37,154,000 Sapphire 31,867,000 Yinq Li 28,654,000 Yanqzijianq 26,246,000 Q&M Dental 25,636,000 RafflesEdu 24,261,000 Sinotel Tech 24,085,000 BanJoo 22,305,000 VALUE(S) DBS Grp 60,943,680 Capita Land 60,276,240 Keppel Corp 54,233,572 CapMallsAsia 48,289,230 Sing Tel 37,999,356 UOB 36,517,620 Golden Agri 33,360,904 Yanqzijianq
      56 words
    • Article
      Lock icon RISES
      105 4 CLOSE UP /xor Nasdai |100 10US 721 69.5 7.5 ICBC Bk.ES.0912 864 34.0 4.1 ICBC Bk4.5%NCPS 100 9740 20.0 0., ICC 5.1% NCPS 100 ***** 20.0 0., iTXPO 100 1398 18.0 1. iBS.ES.0912 1492 16.0 1.1 iBXT FTChina25 10US$ 3107 12.5 0. ;GX.ES.O912 808 10.0 1. Iwa Horn 51.5
      105 words
    • Article
      Lock icon FALLS
      115 4 CLOSE DOWN LD 10US$ *****-194.7 -1.3 iBXT S&P Short 10US$ 5428-116.8 -1.5 iBXT FTVietnam 10US$ 4207-102.9 -1.7 iBXT Ni 10US$ ***** -83.4 -0.! lardine C&C 2472 -58.0 -2.3 ICC 3.93% NCPS10 8304 -56.0 -0.7 iBS Bk6% NCPS 10 ***** -18.0 -0.2 :50 10US$ 378 -13.9 -2.i IOB 1968 -12.0
      115 words
    • Article
      Lock icon CURRENCIES
      86 4 Vhere S$ stands Dec 14 %CHNG CLOSE FR Dec 11 YR2009 S$ LOW S$ HIGH ISS 1.3919 -0.15 1.5579 1.3800 iuro 2.0416 0.46 2.0952 1.9150 'ounds 2.2600 0.37 2.4366 2.0356 1.2682 0.36 1.2942 0.9453 ren* 1.5741 -0.75 1.7278 1.4831 lupiah* 0.***** -0.05 0.***** 0.***** !aht* 4.2001 0.00 4.3390 4.1040
      86 words
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  • Article, Illustration
    Lock icon Ride to wellness at home
    593 5 A special feature brought to you by P3II3SOIIiC Panasonic's Core Trainer strengthens muscles, reduces weight and promotes all-round health All health experts say that the benefits gained from a leisurely stroll are not as health-promoting as those one gets from a brisk walk. But for
    593 words
  • Article, Illustration
    Lock icon Powerpacked therapy
    211 5 THE Core Trainer is not a horse riding machine designed for amusement even if many users enjoy the ride. Its engineered movements, which are steady and sedate, are based on research in Europe and Japan on horse-riding therapy. About 15 years ago, Professor Kimura Tetshuiko, the chief orthopaedic
    211 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Syariah compliant Reit on its way here
      474 6  -  EMILYN YAP Reit is targeted for listing around the second half of next year By ARA Asset Management has partnered a Qatarbased property group to list a Syariah compliant real estate investment trust (Reit) in Singapore possibly the first for the country. The
      474 words
    • Article
      Lock icon A rights issue with more questions than answers
      695 6  -  WONG WEI KONG A RIGHTS issue raising just under $2 million normally would not catch the eye. But not when it's priced at a staggering discount of over 80 per cent. That was the case yesterday when PNE Micron Holdings Ltd announced
      695 words
    • Article
      Lock icon SIAS meets Chinese officials over Sino-Env
      404 6 It is assured Chinese authorities will take the issue seriously THE Securities Investors Association (Singapore) or SIAS has conveyed shareholder concerns to Chinese officials here over troubled Sino-Environment Technology Group, a China-based company listed on the Singapore Exchange. SIAS president and CEO David Gerald
      404 words
    • Article
      Lock icon Hyflux, JGC form JV for China water projects
      349 7  -  CHEW XIANG 50:50 JV will see injection of USs63m by JGC and Tianjin plant by Hyflux By HYFLUX Ltd and Japan's JGC Corp yesterday agreed to jointly invest in greenfield water projects in China. JGC will subscribe US$63 million for a half-stake
      349 words
    • Article, Illustration
      Lock icon KSH wins $40.3m contract from NUS
      346 7  -  FELDA CHAY By CONSTRUCTION and property firm KSH Holdings Ltd has clinched a $40.3 million project from the National University of Singapore (NUS) to build a four-storey Education Resource Centre (ERC). KSH said that it does not expect the deal to have any material
      346 words
    • Article, Illustration
      Lock icon Swiber bags two more orders
      310 7  -  VINCENT WEE Deals for supply of support vessels may be worth USsBl.9m By OFFSHORE construction and support services provider Swiber Holdings yesterday announced it had received two Letters of Award (LOA) for contracts worth up to US$Bl.9 million from major oil companies in South-east Asia
      310 words
    • Article
      Lock icon CapLand to raise stake in Chennai JV to 64.38% by end-Q1
      242 7  -  KALPANA RASHIWALA By PROPERTY heavyweight Capita Land will increase its stake in a joint venture company set up for developing Somerset Greenways serviced residence in Chennai from 40 per cent to 64.38 per cent under a two-phased investment that
      242 words
    • Article, Illustration
      Lock icon US investors on stock-selling spree here again
      587 8  -  CHUANG PECK MING Singapore among just a few Asian markets that see them dumping shares in Q3 By MASSIVE selling of stocks here by US investors panicked by the September 2008 credit crunch slowed to a trickle in the first quarter of this
      AFP  -  587 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ipco back in the black with $377,000 Q2 net
        84 8 IPCO International reported a net profit of $377,000 for the fiscal second quarter to end October, compared to a net loss of $2.34 million a year ago. Revenue rose 43.5 per cent to $8.11 million, due in part to better demand
        84 words
      • Article
        Lock icon UIS fund to hold EGM on Dec 30
        99 8 UNITED International Securities (UIS), a closed-end fund controlled by United Overseas Bank, has called for an extraordinary general meeting (EGM) at 3pm on Dec 30. Two ordinary resolutions have been proposed in requisition from Raffles Nominees (S) Pte Ltd. The first is
        99 words
      • Article
        Lock icon Sunway plans to delist due to low volume
        82 8 SUNWAY International Holdings Ltd, which is also listed on the Hong Kong Stock Exchange, said that it plans to delist its shares from the Singapore Exchange because of low trading volumes. It said the comparatively low trading volume makes its listing in
        82 words
    • Article
      Lock icon Xmas stock picks for quick returns
      328 8  -  JAMIE LEE MARKET VIEWS Stocks with 1-month price momentum will give best returns: Citi By FORGET fundamentals and go for Asia ex-Japan stocks with a good short-term price performance this festive season, says a Citi Investment Research report released yesterday. The strongest period for
      328 words
    • Article
      Lock icon Credit Suisse takes sanguine view on SGX
      351 8  -  JAMIE LEE By CREDIT SUISSE (CS) suggests investors buy the stocks of regional exchanges such as Singapore Exchange (SGX) and Hong Kong Exchanges and Clearing (HKEx) as a proxy to better equity market turnover next year. It has raised its rating for SGX
      351 words
    • Article
      Lock icon Allocate substantial amounts to equities, bonds for Q1 2010: DBS
      382 8  -  ONG BOON KIAT It also suggests putting money in overseas markets By INVESTORS should maintain a substantial allocation to equities and bonds versus commodities and cash for the first quarter of next year, according to DBS Group Research's latest Tactical
      382 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
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      232 words
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      342 7 Otf er c^° 2OO 9 S^**^ h^l- (Company Registration No.: *****8903E) ■■■l^k (Incorporated in the Republic of Singapore on 20 May 2009) 4SP9 J^Pr Jggggp^gggqjg^ xj of the leading Singapore-based Civil Engineering Groups^T^:::^^ Business Overview Our Investment Merits With an established track record of more than 40 years, we have
      342 words
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  • Page 8 Advertisements
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      851 8 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF LEETOH INVESTMENT PRIVATE LIMITED (Members' Voluntary Winding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 50, the Final Meeting of the abovenamed Company shall be held
      851 words
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      Lock icon Page 8 Advertisements Column 2
      373 8 ICONIC HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****4837 M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of Iconic Holdings Limited (the "Company") will be held on 11 January 2010 at 10 a.m., at Temasek Club,
      373 words
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      Lock icon Page 8 Advertisements Column 3
      115 8 (^p AirNiugini APPOINTMENT OF SOLE PASSENGER CARGO SALES AGENT AND RELOCATION ANNOUNCEMENT Please be informed that with effect from 15 December 2009 AIRNIUGINI has appointed Deks Air as its Sole Passenger Cargo Sales Agent in Singapore and we will be relocated to: Reservation Ticketing Cargo 15 Beach Road #02-03, Beach
      115 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Asia picks up where the US drops off
      564 9  -  ARTHUR SIM By 2010 will be the year that Asia takes over as the world's growth driver, says David Carbon, managing director for economic and currency research at DBS. Based on his analysis of domestic demand growth from the Asian economies of
      CHOW PAX WENG/LIANHE ZAOBAO  -  564 words
    • Article
      Lock icon US, BRIC to lead business activity next year: survey
      476 9  -  CHEW XIANG The upbeat outlook is expected to feed into employment, says KPMG report By THE US and BRIC countries are expected to lead global business activity in the next twelve months, according to a new survey from KPMG. But the
      476 words
    • Article
      Lock icon Expats rate Singapore highly: HSBC poll
      386 9  -  FELDA CHAY Spore is fourth out of 26 economies, ahead of US, UK, HK By SOME people want to leave Singapore for greener pastures. But the city-state has some of the greenest around, according to expats surveyed by HSBC Bank International. The survey quizzed
      386 words
    • Article
      Lock icon Wendy's opens at Lau Pa Sat
      322 9  -  JERMAINE NG By AMERICAN fast-food chain Wendy's best known for its square-cut patties opened at Lav Pa Sat yesterday. The 1,600 square foot outlet aims to cater to all tastes and budgets. "American fast food is very popular among all ages in Singapore," said
      322 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon NTU sets up centre to train China officials
        46 9 NANYANG Centre for Public Administration has been set up in Nanyang Technological University to further enhance the training of Chinese officials and public administrators. The new centre will also spearhead China-related research on public administration and economic management.
        46 words
      • Article
        Lock icon Business mission heads to South Korea
        70 9 SINGAPORE Business Federation chairman Tony Chew leads a 29-member Singapore delegation for a 4-day business mission to South Korea from Dec 13 to 16. The mission aims to facilitate Singapore companies' exposure to opportunities in South Korea and to foster business ties between both
        70 words
    • Article
      Lock icon Four medical doctors honoured
      262 9  -  ZHANG JIAO By FOUR medical doctors conducting translational and clinical research received the Clinician Scientist Awards (CSA) yesterday. The award will provide between three to five years of research funding and salary support. The recipients are Lee Soo Chin and Jerry Chan from National University Health
      262 words
    • Article
      Lock icon Group M appoints Singapore CEO
      212 9 GLOBAL media investment operation Group M announced the appointment of James Chadwick as the group's Singapore CEO yesterday. The appointment, which will take effect from the beginning of next year, will see Mr Chadwick, who is currently heading Mindshare's business planning team in Asia-Pacific, be
      212 words
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  • SME Inc
    • Article, Illustration
      Lock icon Action Asia reaps R&D rewards
      871 10 The maker of LCD products for cars bucks the trend and grows despite challenging times, reports CHEN HUIFEN ANY company wondering whether investing in research and development (R&D) will boost its bottom line needs to look no further than Action Asia. The maker of LCD
      871 words
    • Article, Illustration
      Lock icon Spinn focusing on what it does best
      669 10  -  JERMAINE NG It is Singapore's largest producer of corporate videos By LOCAL video production company Spinn has a simple business philosophy "understand customers' needs and translate them into suitable messages", says Foh Chit Yee, founder and president of the company, which is Singapore's
      YEN MENG JIIN  -  669 words
    • Article
      Lock icon Small-cap portfolio out-performs STI
      412 10  -  TEH HOOI LING By OUR small-cap portfolio has notably out-performed the Straits Times Index (STI) for the first time in several weeks. In the week to yesterday, the portfolio added 1.1 per cent, versus the STl's flat performance. The biggest contributors to our portfolio's advance were
      412 words
    • Article, Illustration
      Lock icon Green aspirations
      2492 11 THIS WEEK'S TOPIC Given the rising consciousness about the environment and environmentally friendly technologies and products, what can be done to encourage SMEs to embrace the "green cause" both as consumers and producers? John Koh Managing Director WMRC Private Ltd THE Green Cause is expected to become an
      AFP  -  2,492 words
    • Article, Illustration
      Lock icon Business matchmaker casts cross-border net
      641 11  -  CHEN HUIFEN By AS delegates to the recent Apec SME Summit were charmed by keynote speakers such as Jack Ma of Alibaba.com and Jet Li of One Foundation, another kind of buzz was being generated on the sidelines of the corporate pow wow. Outside the
      641 words
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  • Page 11 Advertisements
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      120 words
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  • Page 12 Advertisements
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      113 12 I Network Hardware Resale Is The Answer Network Hardware Resale can help your organization make a positive impact on the environment. NHR's asset recovery programme also contributes to a healthy bottom line. I SAVE UP TO 70% ON Am I NETWORK EQUIPMENT! W Buy with confidence and receive 365x24x7 technical
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  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      89 12 Next week's topic: "What's a good way to throw a Christmas party for staff. And where's a good place to host a year-end staff party? Share your views with us." If you are an SME owner or leader, we would like you to share your views on this topic. Please
      89 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon India wholesale prices in November up 4.78%
      564 13 Reuters, Bloomberg Central bank may scale back stimulus further, raise rates to curb inflation [NEW DELHI] India's wholesale prices rose faster than expected last month, and analysts said that inflation worries could see the central bank withdraw more liquidity support in coming weeks
      Reuters, Bloomberg; REUTERS  -  564 words
    • Article
      Lock icon Fed may dampen speculation on early exit, say analysts
      580 13 -AFP [WASHINGTON] US Federal Reserve policymakers will aim to quell this week speculation about an early exit from their massive stimulus effort even with the economy showing more signs of recovery, analysts say. The Federal Open Market Committee (FOMC), which opens
      -AFP  -  580 words
    • Article
      Lock icon Commodities may jump on falling output
      768 13 Bloomberg [MELBOURNE] Falling production in commodities from rice to milk is bad news for just about everyone except investors. Rice may surge 63 per cent to US$l,O3B a tonne from US$63B on Philippine imports and a shortage in India, a Bloomberg survey of importers,
      – Bloomberg  -  768 words
    • Article, Illustration
      Lock icon Firms will start hiring in spring, says Summers
      419 13 Bloomberg [WASHINGTON] White House chief economic adviser Lawrence Summers said US employers will start to increase payrolls this spring, ending a decline that's led to the loss of 7.2 million jobs since the recession began two years ago. "I believe, as do
      – Bloomberg; AP  -  419 words
    • Article
      Lock icon Sentiment among big Japan firms improves in Q4
      411 13  -  ANTHONY ROWLEY By in Tokyo CONFIDENCE among large Japanese manufacturing firms improved slightly more than expected during the last quarter of this year, according to the Bank of Japan's latest quarterly survey of business conditions known as the tankan, which was published
      411 words
  • Page 13 Advertisements
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Trulli to drive for Lotus F1 team in 2010
      493 14 Reuters [KUALA LUMPUR] Italian Jarno Trulli and Finn Heikki Kovalainen will drive for Lotus in the 2010 Formula One season, the new Malay-sian-backed team announced yesterday. Experienced Trulli had been strongly linked to the team after Toyota pulled out of the
      – Reuters; REUTERS  -  493 words
    • Article
      Lock icon One more charged in Port Klang scandal
      469 14  -  S JAYASANKARAN An ex-engineer, he faces 24 counts of cheating; like three others, he claims trial By LAW Jenn Dong, a former engineer with Kuala Dimensi, the developer of the Port Klang Free Zone (PKFZ), was charged yesterday in Malaysia's Sessions Court with
      469 words
    • Article
      Lock icon KL to pledge 'credible' emissions cuts
      455 14 Reuters [KUALA LUMPUR] Malaysia's government will offer "credible" cuts in its emissions of carbon dioxide at the Copenhagen climate change summit in a bid to halt global warming, Prime Minister Najib Razak said on Sunday. Mr Najib will be among more than 110 world
      – Reuters  -  455 words
    • Article
      Lock icon Exports set M'sia on path for Q4 growth
      186 14 Bloomberg [KUALA LUMPUR] Malaysia's economy is "on track" to expand this quarter for the first time in a year amid signs of a recovery in demand for electronics, International Trade and Industry Minister Mustapa Mohamed said. "All signs dictate that there's been
      – Bloomberg  -  186 words
    • Article, Illustration
      Lock icon Unilever invited to inspect Sinar Mas ops
      426 14 Reuters [JAKARTA] Indonesia's Sinar Mas Group yesterday said that it had invited Unilever to inspect its palm oil operations after the consumer goods giant suspended purchases of edible oil on environmental concerns. Unilever, the world's largest user of palm oil, said last week
      – Reuters; AP  -  426 words
  • Page 14 Advertisements
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Pipeline pulls China, Central Asia closer
      583 15 Reuters Biggest export route reaches markets outside Russia, bypassing it entirely [SAMAN-DEPE, Turkmenistan] China extended its reach into Central Asia's natural resources yesterday as its leader Hu Jintao opened a pipeline linking a gas field in Turkmenistan with China's restive Xinjiang region. The leaders
      Reuters; AFP  -  583 words
    • Article
      Lock icon Three Chinese companies eyeing US IPOs
      417 15 Reuters [BEIJING] A Chinese IT outsourcing company and an optical components maker are aiming to select investment banks in the next two weeks with the goal of making US initial public offerings (IPO) by as soon as the first half of 2010, one of
      – Reuters  -  417 words
    • Article, Illustration
      Lock icon More Indians opting for branded jewellery
      706 15 ■AFP This is attracting franchisers and top groups like Cartier [NEW DELHI] Indians, the world's biggest buyers of gold, are increasingly opting for branded jewellery, attracting franchisers and foreign groups like Cartier at the expense of traditional retailers. Traditionally, most Indians would go to
      ■AFP; AFP  -  706 words
    • Article
      Lock icon Macau residents to get easier access to yuan
      233 15 Reuters [BEIJING] China will soon make it possible for Macau residents to buy yuan more easily, in order to meet their growing needs for the currency, the People's Bank of China said yesterday. Macau residents would be able to buy up to
      – Reuters  -  233 words
    • Article
      Lock icon Beijing Autos in deal to buy Saab technology
      369 15 -AP [SHANGHAI] Beijing Autos has agreed to buy technology from General Motors' (GM) Saab Automobile, a major breakthrough for the Chinese carmaker that could also clear the way for GM to sell the rest of Saab to another buyer. An announcement yesterday
      -AP  -  369 words
    • Article
      Lock icon More steps to contain home price rises
      294 15 Reuters [BEIJING] China will use tools including land-use policies and taxation to control property price rises, the government said yesterday, the latest indication of its concern that housing prices could rise too much if left unchecked. The government said it would push for
      – Reuters  -  294 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Cadbury gets rival interest as it rejects Kraft's bid
      602 16 Reuters It calls Kraft's offer wholly inadequate, ups sales and margin targets [LONDON] Britain's Cadbury said it has received interest from other bidders as it dismissed a £10 billion (5522.6 billion) bid from Kraft Foods. The chocolate maker also raised its
      – Reuters; REUTERS  -  602 words
    • Article, Illustration
      Lock icon Clear target, funding to save forests dropped
      557 16 Reuters, AFP, AP UN CLIMATE CHANGE CONFERENCE [COPENHAGEN] A proposal aimed at saving the world's tropical forests suffered a setback on Sunday, when negotiators at the UN climate talks ditched plans for faster action on the problem because of concerns that rich countries
      Reuters, AFP, AP; AFP  -  557 words
    • Article, Illustration
      Lock icon Exxon Mobil buying XTO for US$3l b
      383 16 [NEW YORK] Exxon Mobil Corp, the biggest US oil company, agreed to buy XTO Energy Inc for US$3l billion in a bet that US emissions restrictions will spur increased demand for natural gas. Owners of Fort Worth, Tex-as-based XTO will get 0.7098 share
      Bloomberg  -  383 words
    • Article
      Lock icon AMP, AXA raise bid for AXA Asia Pac by 16%
      418 16 Reuters Dec 21 deadline set for target to accept USsll.7b bid [MELBOURNE] Australia's AMP Ltd and French insurer AXA SA have raised their bid for AXA Asia Pacific Holdings by 16 per cent to US$ll.7 billion, giving the takeover target
      Reuters  -  418 words
    • Article
      Lock icon France spending 35b euros to boost competitiveness
      575 16 Reuters, AFP [PARIS] President Nicolas Sarkozy said yesterday that the French state would raise 35 billion euros (Ss7l billion) to fund strategic investments in the coming months, aimed at boosting France's economic competitiveness in the wake of the global slowdown. Mr Sarkozy told
      ■ Reuters, AFP  -  575 words
    • WORLD WATCH
      • Article
        Lock icon SK Telecom to buy stake in Hana card unit
        75 16 Reuters [SEOUL] South Korea's top mobile carrier SK Telecom yesterday said it would buy a 49 per cent stake in the credit card unit of Hana Financial Group for 400 billion won (Ss47B million). SK Telecom said it would buy new
        Reuters  -  75 words
      • Article
        Lock icon ArcelorMittal may cut more jobs
        75 16 -AFP [PARIS] Steel maker ArcelorMittal yesterday said it was considering further job reductions but did not confirm union projections of 10,000 cuts. "There were discussions on the possibility of a global reduction in jobs next year" during a meeting of the workers' committee on Dec
        -AFP  -  75 words
      • Article
        Lock icon Lloyds reports strong support to rights issue
        71 16 -AFP [LONDON] State-rescued Lloyds Banking Group yesterday announced that shareholders had agreed to subscribe to 95 per cent of its record £13.5 billion (5530.5 billion) rights issue. Lloyds Banking Group, 43 per cent owned by the taxpayer after a massive government bailout, said
        -AFP  -  71 words
      • Article
        Lock icon Daimler to pick partner next year
        84 16 Bloomberg [FRANKFURT] Daimler may choose a partner early next year to help it expand the Smart city-car brand and build engines for its Mercedes-Benz B-Class and other compact models. "The first half of next year, we should know if and with whom we should
        – Bloomberg  -  84 words
      • Article
        Lock icon TSE not to appeal botched trade ruling
        97 16 Reuters [TOKYO] The Tokyo Stock Exchange said it would not appeal a court ruling ordering it to pay 10.7 billion yen (*****.3 million) in damages to Mizuho Securities Co for a botched trade in 2005. The Tokyo district court earlier this month ordered
        Reuters  -  97 words
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  • WORLD
    • Article, Illustration
      Lock icon Toyota's plug-in hybrid gauntlet
      658 17 Reuters The Prius Plug-In Hybrid will be sold at an 'affordable' price range in 2011 [TOKYO] Toyota Motor Corp will begin selling "affordable" plug-in hybrid cars in 2011, upping the ante on General Motors and Nissan Motor as they aim to take the lead in the
      – Reuters; BLOOMBERG  -  658 words
    • Article
      Lock icon Congress okays US$450b spending bill
      470 17 Bloomberg, AP Bill paves way for 12% higher budget amid deficit concern [WASHINGTON] Congress gave final approval on Sunday to a US$45O billion spending bill for government agencies, providing an average 12 per cent budget increase for many programmes amid what polls show is mounting
      – Bloomberg, AP  -  470 words
    • Article, Illustration
      Lock icon Berlusconi in hospital following attack
      410 17 -AFP [MILAN] A man with a history of mental health problems attacked Italian Prime Minister Silvio Berlusconi on Sunday, knocking out two of his teeth and forcing him to be rushed to hospital with a blood-splattered face. Television pictures showed the 73-year-old prime minister in
      -AFP; AP  -  410 words
    • Article
      Lock icon BNY Mellon CEO back in play for BofA job
      457 17 Bloomberg [NEW YORK] Bank of New York Mellon chairman and chief executive officer Robert Kelly is in talks to become CEO of Bank of America Corp, a job he said last month he didn't want, a person familiar with the matter
      – Bloomberg  -  457 words
    • Article
      Lock icon Tiger's absence may hit TV ratings
      500 17 AP, Reuters [NEW YORK] The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming negotiations for the next contract with the PGA Tour. The tour's six-year deals with CBS and NBC
      AP, Reuters  -  500 words
  • Page 17 Advertisements
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  • AVIATION
    • Article, Illustration
      Lock icon British Airways cabin crew vote to strike
      476 18 AP Strikes are to begin on Dec 22 and run for a dozen days until Jan 2: Union [LONDON] British Airways cabin crew will strike over the Christmas period, their union said yesterday, throwing the plans of thousands of holiday-makers into uncertainty at
      AP; REUTERS  -  476 words
    • Article
      Lock icon New challenges for China Airlines
      596 18 -AFP [TAIPEI] Taiwan-based China Airlines, which marks its 50th birthday this week, can look back at half a century of turbulence, but the future could bring even more formidable challenges, analysts say. While in the past an abysmal safety record was the main problem, now
      -AFP  -  596 words
    • Article
      Lock icon Garuda will not reinstate pilot cleared of negligence
      143 18 -AP [JAKARTA] National carrier Garuda Indonesia on Sunday ruled out reinstating a pilot despite an appeal court overturning his conviction for causing a crash landing in 2007 that killed 21. The High Court of Yogyakarta quashed Capt Marwoto Komar's conviction for negligence
      -AP  -  143 words
    • Article
      Lock icon Investigators still unable to find causes
      582 18 Reuters AIR FRANCE CRASH [PAßlS] Investigators are unable to establish what caused a fatal June Atlantic plane crash but searches for the flight recorders will resume in February, the head of the French aviation accident investigation authority said. "We remain unable to determine the
      Reuters  -  582 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2860 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,860 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      375 18 CRYPTIC CROSSWORD Across 1 A Conservative chasing work 1 1 1 j 1 1 1 1 1 j 1 1 6 Cut speed (4) __^M__^M_^H_HB__M M__HH__ ing home at last (9) I I 12 Terrible grief accommodat- 1)2 Bi3 ing a loud one with a lot of ■^■^■H 13 Value
      375 words
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  • SHIPPING
    • Article
      Lock icon Ningbo Port plans for Shanghai listing in H1
      429 19 Reuters The 10b yuan IPO follows a botched plan for dual listing in Shanghai, HK [SHANGHAI] Ningbo Port Co Ltd, one of China's four biggest deep water ports focusing on international trade, plans to raise about 10 billion yuan (552.04 billion) via
      – Reuters  -  429 words
    • Article
      Lock icon S'pores Nov container throughput up 1.7%
      329 19  -  VINCENT WEE By [SINGAPORE] Singapore port's container throughput has finally turned into positive year-on-year figures, posting a 1.7 per cent rise to 2.33 million twen-ty-foot equivalent units (TEUs) in November from 2.29 million TEUs in the previous corresponding period. However this is probably due
      329 words
    • Article, Illustration
      Lock icon Countries plan controls on ships visiting Antarctica
      469 19 [WELLINGTON, NEW ZEALAND] Countries that manage Antarctica plan to impose tough new controls on ships visiting the southern oceans and the fuels they use to reduce the threat of human and environmental disasters posed by increasing numbers of tourists, officials said on Saturday.
      AP  -  469 words
    • Article
      Lock icon Seychelles regaining strategic importance amid anti-piracy efforts
      557 19 AFP [VICTORIA] The Seychelles, a string of coral and granite specks on the Indian Ocean, is hoping that international anti-piracy efforts can help the world rediscover its strategic importance. "More than ever, from the military point of view, it is becoming very clear
      AFP  -  557 words
    • Article
      Lock icon Higher coal prices ahead as congestion at ports hits exports
      552 19 Reuters [LONDON] Clogged rail links from coal mines to ports in major exporters Russia, South Africa and Australia are failing to cope with the volume of traffic and this will help send coal prices sharply higher next year. In Australia
      – Reuters  -  552 words
    • Article
      Lock icon EU's anti-piracy fleet seeking to expand area of operations
      611 19 Bloomberg This follows Somali pirate attacks far out to sea [NORTHWOOD, UK] The European Union's anti-piracy operation may expand the area it patrols because Somali pirates have begun to threaten ships as much as 1,609 km from shore, according to the
      – Bloomberg  -  611 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Lessons from the Copenhagen experience
      503 20 WITH almost 40 per cent of its 1.2 million population committed to cycling to work or school every day on 300 kilometres of dedicated bicycle lanes, Copenhagen must be one of the world's most eco-friendly cities. It has also adopted many other green initiatives such
      503 words
    • Article, Illustration
      Lock icon Brainstorming for a better world
      1165 20  -  JIMSPOHRER FOONG SEW BUN Interdisciplinary education will be key to a competitive edge in a services-based economy B Y and N Earth day earlier this Oyear in April, two of Singapore's three universities National University of Singapore and Singapore Management University -joined nearly 2,000 students
      ST FILE PHOTO  -  1,165 words
    • Article, Illustration
      Lock icon Why rich nations must act on climate change first
      848 20  -  WILLIAM PESEK JR Bloomberg THE BOTTOM LINE IT'S a rare embarrassment of riches that reaches as far as the ozone layer. China has just that in the form of its massive arsenal of foreign currency. Todd Stern, US lead climate negotiator,
      ■ Bloomberg  -  848 words
    • Article, Illustration
      Lock icon Key US allies adjust to new realities
      1628 21  -  LEON HADAR But Japan and Turkey may not pursue an anti-American agenda or embark on a civilisational confrontation with the US RECENT preoccupation of foreign policy wonks in Washington has been on whether the pre-eminent geostrategic status of the United States will be
      AP  -  1,628 words
    • Article, Illustration
      Lock icon 'Reset'policy needs a show of strength before it can succeed
      885 21  -  IVAN KRASTEV LAT-WP By IT WAS Justice Oliver Wendell Holmes who observed that relations between two actors really involve six "persons": each actor's self-im-age, each actor's image of the other and, finally, what each actor actually is. Under this rubric,
      LAT-WP  -  885 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8711 22 Transaction date: Dec 14 Hii Low Code Coi Sale ('OOP) Hi I Low Bi Seller C'vr P/E £5. 17 3 3148 STelecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABR Hldgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 10 2101 APOil 93 36 5550 ARA
      8,711 words
    • Article
      Lock icon SGX CATALIST
      1820 23 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 cum
      1,820 words
    • Article
      Lock icon SGX ETF
      443 23 Hi. Low Code Comi Sale C000) Hi. Low Bm Seller C'vr P/E >mil 111 105.1 6389 ABF SG Bond ETF 819 427 CIMBAsean40 100US$ 290 149 DBS STI ETF 100 4627 3534 DBXT DJE5O 10US$ 3282 1682 DBXT FTChina25 10US$ 5819 3228 DBXT FTVietnam 10US$ 2814 2246 DBXT
      443 words
    • Article
      Lock icon CLOB INTERNATIONAL
      80 23 52-Wk Tel High Low Code Last Sale Vol cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi 'an: Hii 56 20 6000 AVJennings 31 6 6017 Genting HK US$ 15 6 6134 Over&Gen 157 103 6019 TanChonglnt A52 US23.5 A6 HK138
      80 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9513 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.144/ AIGIF Spore Bond Fund/ A 1.371/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.15/ APS Alpha Fund (USD)!** 0.83/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM
      9,513 words
  • Page 22 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      370 24 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 11 World Index Preliminary 815.7 0.3 20.3 0.2 21.2 0.0 25.4 EAFE Preliminai 763.2 0.7 17.6 0.2 22.1 0.0 26.3 Euro[ Prelim inan 1094.1
      370 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      124 24 As at 9am Dec 14 )i foreign currency: lurrencies Bid Offer ujst dollar 1.2570 1.2950 .an dollar 1.3080 1.3240 luro 2.0270 2.0500 IZ dollar 1.0010 1.0230 iterlini 2.2490 2.2750 IS dollar 1.3840 1.4000 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi renminbi
      124 words
    • Article
      Lock icon INTERBANK RATES
      176 24 Dec 14 IS Offer Overnight 0.10 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 US$ Offer 3716 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0 29 0.35 0.37 0.55 0.90 1.00 Offer 0.20 0.24 0.25
      176 words
    • Article
      Lock icon STOCK INDEX FUTURES
      28 24 Dec 14 Sett ten nil in STI Dec 2794 SIMSCI Dec 336.6 338.2 335.7 Taiwan Dec 280.3 282.7 281.6 Source: MF Global (S) He. Ltd
      28 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Dec 14 I Bid Offer 1-month 1.3910 1.3924 2-months 1.3913 1.3928 3-months 1.3915 1.3930 6-months 1.3921 1.3936 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      194 24 Dec 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan 10 268.5 Feb 10 270.0 Mar10 270.5 Apr 10 268.0 May 10 268.0 Jun 10 268.0 268.5 269.5 270.5 268.0 268.0 268.0 268.5 269.5 270.5 271.0 272.5 273.0
      194 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      81 24 Dec 14 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****W 18.03.2010 1-Year BY*****N 01.11.2010 0.55 0.55 0.55 0.50 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year
      81 words
    • Article
      Lock icon CHICAGO BOT
      102 24 Dec 11 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1035.00 1027.00 1041.25 1020.00 Mar 10 1043.00 1035.75 1049.00 1028.50 May 10 1049.00 1042.50 1054.00 1035.00 JuMO 1053.50 1047.75 1058.00 1039.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 39.22 39.09 39.32 39.00
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Dec 11 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 71.81 -0.78 WTI (Near Mth) 69.78 -0.70 Dubai (1-Mth F) 72.93 -0.34 Tapis blend 75.50 -0.45 Minas 74.65 -0.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 75.45 79.50 -1.00 -0.70 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 24 Dec 14 AS _CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.966 6.224 0.621 7.066 42.510 86.233 0.808 10.549 3.105 1.257 76.762 42.011 1.268 6.831 0.939 29.439 30.195 0.560 0.912 Canada 1.035 6.443 0.643 7.314
      465 words
    • Article
      Lock icon SIBOR
      79 24 Dec 14 lUiSJ l»J 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 0.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs 1.***** 3yrs 1.***** 4yrs
      79 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Dec 14 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2673 1.2693 0.9113 0.9118 Canadian dollar 1.3119 1.3139 0.9433 0.9438 Euro 2.0414 2.0439 1.4679 1.4682 NZ dollar 1.0080 1.0104 0.7248 0.7258 Sterling md 2.2618 2.2648 1.6264 1.6269
      157 words
    • Article
      Lock icon PRECIOUS METALS
      168 24 Dec 14 GOLD (USS/oz) Dec 11 Dec 14 GOLD BULLION COINS (S$) Sellim Hong Kong 1137.30 1123.30 (S$) Selling Buying Bui 'im Dec 10 Dec 11 London 1123.60 1114.35 1124.60 1115.15 Source: Thomson Reuters 1 oz 1752.66 1590 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $614.18 504
      168 words
    • Article
      Lock icon LONDON METALS
      71 24 Dec 11 minimum, 99.7 jritv (US$/tonne) Co Close Previous Cash 2239.70 2165.75 3 months 2275.00 2203.00 Copper, Grade A (US$/tonne) Cash 3 months 6796.00 6835.00 6770.75 6810.00 Lead (US$/tonne) Cash 2268.00 3 months 2301.00 2241.50 2275.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      71 words
    • Article
      Lock icon LIFFE
      76 24 Dec 11 COCOA (£/tonne) Close Prev Hii ih/Low Dec 09 2211 2214 2223/2208 Mar 10 2267 2276 2284/2265 May 10 2286 2295 2301/2283 Jul 10 2260 2270 2273/2256 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1366 1382 1392/1335 Mar 10 1394 1413 1425/1370 May 10 1419 1438 1450/1403 SUGAR
      76 words
    • Article
      Lock icon PALM OIL
      61 24 Dec 14 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Dec 09 2440 Jan 10 2452 Feb 10 2488 Mar10 2490 Total o/p: ***** contracts 2420 2442 2430 106 535 2468 2483 2450 1695 7600 2513 2525 2488 6511 ***** 2521 2529
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      356 24 Dec 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.7462 99.6000 99.4000 99.1150 0 0 0 0 5810 ***** 6177 3711 EUROYEN TIBOR FUTURES DecO9 Mar10 99.6250 99.6250 Jun10 99.6500 99.6600 Sep10 99.6450 99.6450 Dec10 99.6350 99.6350 Mar11 Jun11 Sep11 99.6150 99.6500
      356 words
    • Article
      Lock icon BONDS, WARANTS & EXTENDED SETTLEMENT
      2485 24 BONDS, WARANTS EXTENDED SETTLEMENT 9154 Eastgate Tech W*****1 Singapore Exchange RBECW*****9 4 [el lode Company rei Code Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left 1883 Eastgate Tech W*****4 1 1 3 700 0.50 29 Singapore Exchange RBEPW*****8 0.5 0.2 680 D 2824
      2,485 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      2579 25 B=TWMI^PBBI^WBBIII^W|| Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE AllOWll C _t__Pl_ _ll Destination Destination VWuljl ddUH[Udjl STXPOTBN RTM/ANR/TIL STXPO TBN NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia lillllO-l I lIC UA Oil D Ufl]jW Ull II jfl MIDDLE-EAST SERVICE BKACE SHJ/ABU/DMM SIN Destination IAICtI m._UHM
      2,579 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3490 26 M^f^l^^^WJßlJWlSßlJ^^Mln EASTERN CAR LINER, LTD I I^^^BCDHjM -Kiil'tl -M'II.V-IH_M \y__™"___l I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I |H9 tl I 1 SnTTITTWTWTTTTTTrTWTITTS I^^^^^^^ W VOY I Ramp(KT) I Lilting(KT) I MUA SIN PKL I JKT IBA I SUR I HMASERVICE FMX and SMX SERVICE Connecting EMC SERVICE
      3,490 words
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  • PROPERTY
    • Article, Illustration
      Lock icon UK home price gains seen stalling
      536 27 Bloomberg Supply will increase next year due to forced sales, says property firm [LONDON] The UK housing market recovery will peter out in 2010 as the supply of homes increases because of forced sales, Rightmove pic said. Average asking prices will stagnate next year
      – Bloomberg; BLOOMBERG FILE PHOTO  -  536 words
    • Article, Illustration
      Lock icon Shui On Land may spin off commercial property
      582 27 Reuters [HONG KONG] Property developer Shui On Land aims to accelerate its property sales and will consider spin-ning-off its commercial property assets to help fund the development of its large landbank in the mainland, its chairman said. The China-focused luxury housing and
      – Reuters  -  582 words
    • Article, Illustration
      Lock icon Nov home sales, prices steady in NZ
      316 27 Reuters Price index up 0.2% from Oct and 6.6% from a year ago [WELLINGTON] New Zealand house prices and sales were flat in November as the property market consolidated its gains of recent months after a sharp slump, the Real Estate Institute of
      Reuters; BLOOMBERG FILE PHOTO  -  316 words
    • Article, Illustration
      Lock icon 14,500 new private home sales seen
      489 28  -  EMILYN YAP This is 98% of 2007 record but value of sales this year may be far below 2007's By CB Richard Ellis (CBRE) has tipped the number of new private homes which could be sold this year at 14,500 which is 98 per
      CBRE, Realis  -  489 words
    • Article, Illustration
      Lock icon Soaring prices distressing for young Chinese
      732 28 -AFP Many facing drained savings, long-term mortgages, anxiety [BEIJING] Computer engineer Jenny Jin and her husband have been hunting for a home for a year, but like many young would-be property owners in China, they have struggled to enter the market due to soaring
      -AFP; AFP  -  732 words
    • Article
      Lock icon Unit prices for Beijing apartments beat offices
      225 28 Xinhua [BEIJING] There are many riddles in Beijing's property market this year, and the most recent one is the much higher sales price for apartments than for office buildings in the same district, China Daily reported yesterday. Industry experts said that in a
      – Xinhua  -  225 words
    • Article, Illustration
      Lock icon Asset bubbles biggest threat for Asia: HKMA's Chan
      567 28 Bloomberg [HONG KONG] Asset bubbles are the No 1 threat to financial stability in Asia, meaning policy makers should avoid an excessive focus on inflation, said Norman Chan, the head of Hong Kong's de facto central bank. Based on Asia's experience in
      ■ Bloomberg; BLOOMBERG  -  567 words
    • Article, Illustration
      Lock icon STC appoints Eric Teng as CEO of property division
      199 28 STRAITS Trading Company (STC) has appointed Eric Teng chief executive officer of its property division from Jan 1, 2010. Mr Teng is currently STC's executive vice president for property and has played an active role in leasing out the newly redeveloped
      199 words
    • Article
      Lock icon India's DLF to buy founders' trust
      311 28 Reuters [MUMBAI] India's largest listed developer, DLF Ltd, is set to acquire a property trust owned by its founders X P Singh and family for around 100 billion rupees (Ss3 billion), The Economic Times reported yesterday. The transaction will be done through DLF Cyber
      ■ Reuters  -  311 words
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