The Business Times, 7 January 2010

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

Microfilm: NL30371
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, January 7, 2010
    23 words
  • Article
    Lock icon UOB sells life insurance arm to Prudential for $428m
    604 1  -  Deal will allow UOB to focus on banking, expand insurance product distribution By CONRAD TAN [SINGAPORE] United Overseas Bank (UOB) will sell its life insurance unit to Britain’s Prudential Group for $428 million in cash and distribute Prudential’s products through its
    604 words
  • Article
    Lock icon SGX paves the way for listing of cash companies
    1004 1  -  Proposals also seek to broaden mainboard admission criteria, raise minimum IPO issue price to 50 cents By MICHELLE QUAH [SINGAPORE] The Singapore Exchange (SGX) is proposing allowing the listing of cash companies, alongside a broadening of its mainboard admission criteria in
    1,004 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 2,930.49 (+10.21) ST INDEX FUTURES 2,930.0 (+10.00) SIMSCI 352.40 (+0.85) SIMSCI FUTURES 352.50 (+0.90) FOREX US$ S$ US$ (S$ per US$) 1.397 (US$/S$ per 1.602 2.238 EURO (US$/S$/E) 1.433 2.003 Foreign currency per US$ S$ YEN 92.10 65.90 RM 3.388 2.424 HK$ 7.756 5.550 BAHT 33.15
    141 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      131 1 BizIT Microsoft offers 50% discount for Windows 7 PAGE 27 FOOTBALL Tony Fernandes still keen on buying West Ham PAGE 4 HOSPITALITY INDUSTRY Hotel room rates may dip further this year PAGE 10 GOOGLE NEXUS ONE The superphone’s here PAGE 2 Budget airlines Twisting the Tiger’s tail? PAGE 2 PATEK
      131 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Jetstar, AirAsia link hands; may twist Tiger’s tail
      688 2  -  Australian, M’sian budget carriers form ‘historic non-equity alliance’ By VEN SREENIVASAN [SINGAPORE] The timing is uncanny, with the announcement by Australia’s Jetstar and Malaysia’s AirAsia coming just as their rival Singaporean budget carrier, Tiger Airways, launches its pre-IPO roadshow. But there is
      REUTERS  -  688 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      523 2 SGX paves the way for listing of cash companies THE Singapore Exchange is proposing allowing the listing of cash companies, alongside a broadening of its mainboard admission criteria in what market observers believe is an attempt to secure more listings. SGX yesterday put up a consultation paper, asking
      523 words
    • Article, Illustration
      Lock icon Hatoyama gives up persuading Fujii to stay
      715 2  -  Deputy PM Naoto Kan will double as Finance Minister By ANTHONY ROWLEY JAPANESE Prime Minister Yukio Hatoyama last night gave up trying to persuade his Finance Minister Hirohisa Fujii to stay in office and accepted the 77-year-old political veteran’s resignation from a post
      REUTERS  -  715 words
    • Article, Illustration
      Lock icon Google ‘superphone’ makes S’pore debut
      661 2  -  It’s sold directly over the Internet; telco tie-ups on the way By ONG BOON KIAT [SINGAPORE] Gadget lovers here have been given a first bite at Google Inc’s first own-branded mobile phone dubbed the Nexus One and billed by the Internet giant as a “superphone”.
      Graphic adapted from Reuters Sources: Google, Apple, Gartner  -  661 words
    • Article
      Lock icon One growth number does not an economy make
      720 4  -  With the S’pore economy on the mend, there are more pressing issues for analysts than how the final growth number will pan out COMMENTARY By ANNA TEO IN a year when the official growth forecast was slashed three times and then raised
      720 words
    • Article
      Lock icon GMAC may post loss of US$10b for 2009
      277 4 AP Bloomberg [WASHINGTON] GMAC Financial Services, the consumer lender now majority owned by the government, said on Tuesday it expects to report a loss of about US$5 billion in the fourth quarter and a full year loss of US$10 billion as a
      AP; Bloomberg  -  277 words
    • Article, Illustration
      Lock icon AirAsia chief said to be eyeing West Ham football club
      508 4  -  Tony Fernandes may launch takeover soon, says UK report By PAULINE NG NOW that AirAsia is flying to London, will it touch down at Upton Park as well? Supporters and newspapers alike have all been abuzz with the possibility that
      AFP  -  508 words
    • Article
      Lock icon Warren Buffett talks, Cadbury slides
      532 4 Paper says big-time investor trying to talk up Kraft shares Bloomberg [LONDON] Cadbury plc shares fell for a second day in London to trade less than one per cent above the value of Kraft Foods Inc’s offer, the smallest spread since the US food maker’s
      Bloomberg  -  532 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      171 3 For more information please visit www.porsche.com.sg If life is a journey, wouldn't it be sad not to savor every mile of it? The new 911 Turbo. 500 hp, 312 km/h top speed, 0 lOOkm/h in just 3.4 seconds and up to 16% lower fuel consumption. Achieved through technology such as
      171 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      1002 4 MATS NOTICES BUY IT SELL IT FIND IT MERMAID MARITIME PUBLIC COMPANY LIMITED (Incorporated in the Kingdom of Thailand) Company Registration No.: **********017 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that by virtue of the resolutions of the Board of Directors of the Company, the Annual General Meeting
      1,002 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      9 4 Hershey board members split over Cadbury bid, Page 16
      9 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      228 5 f-u. il u'-f Ira rm i -9 I a A 7 M N5 A w Ministry of Home Affairs ADR1A Farrer Park Derbyshire Road a S S 1 Thomson Road Thomson Road W Revenue House United Square il Bukit Timah Road Bukit Timah Road Newton Circus f y :U Newton
      228 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article
      Lock icon Catching the Tiger by the tail
      1057 6  -  HOCK LOCK SIEW By VEN SREENIVASAN IT’S not easy being a Tiger. No, not the golfer, the airline. Tiger Airways has been navigating a firestorm of negative press, especially from Australia, in the lead-up to its much-anticipated initial public offer (IPO). Latest reports suggest
      1,057 words
    • Article, Illustration
      Lock icon Tiger eyes up to $273m from IPO
      469 6 It’s selling 165m shares or 30% of enlarged share base Reuters TIGER Airways plans to raise up to $273 million in an initial public offer this month, according to a term sheet seen by Reuters, braving a still struggling air market in the
      Reuters; FILE PHOTO  -  469 words
    • Article
      Lock icon Chi-East appoints Ned Phillips as CEO
      319 6  -  By MICHELLE QUAH CHI-EAST, the first ex-change-backed non-dis-played trading platform in Asia, has appointed cross-ing-network veteran Ned Phillips its CEO. Chi-East was set up jointly by Chi-X Global Inc a global provider of market infrastructure technologies and trading venues and the Singapore Exchange in
      319 words
    • Article
      Lock icon Hoe Leong buying 49% stake in M’sian tanker business
      298 6  -  By JOYCE HOOI SINGAPORE-listed Hoe Leong Corporation has unveiled plans to acquire 49 per cent of Semua Group the tanker business of Malaysia-listed Sumatec Resources Bhd for RM51.45 million (S$21.1 million). Under a heads of agreement signed yesterday, a newly incorporated
      298 words
    • Article, Illustration
      Lock icon MediaRing dials up a new brand name
      426 7  -  Products to be rebranded under Spicei2i; change of CEO from April By WINSTON CHAI HOMEGROWN Internet telephony services group MediaRing will herald a new era with a fresh identity and a new leader. Following a deal with India’s Spice Group a telecommunications and
      426 words
    • Article
      Lock icon PEC secures US$175m deal in Iskandar M’sia
      227 7  -  By WONG SU-JIN HOMEGROWN plant and terminal engineering specialist PEC Ltd has clinched a US$174.5 million contract for works in Iskandar Malaysia, southern Johor state’s development region. PEC won the engineering, procurement and construction (EPC) contract through its subsidiary Audex Pte Ltd. The
      227 words
    • Article, Illustration
      Lock icon Olam planning bond sale: CEO
      380 7 Bloomberg OLAM International Ltd, a supplier of commodities from cashews to coffee, plans to sell bonds in 2010, taking advantage of a “massive” year for debt to adjust financing levels, chief executive officer Sunny Verghese said. “There’s a cyclical upturn but people are still worried
      Bloomberg  -  380 words
    • Article, Illustration
      Lock icon KrisEnergy on buying spree in S-E Asia
      405 9  -  Firm expects to spend more than US$200m on 11 assets By RONNIE LIM SINGAPORE-based KrisEnergy set up by the founders of former listed Pearl Energy is continuing to shop for Southeast Asian assets and is ready to spend more than US$200 million to
      405 words
    • Article
      Lock icon Boutique advisers target private banks’ wealthy customers
      814 9 They are attracting clients at lower end of wealth spectrum Reuters BOUTIQUE and independent financial advisers are moving onto the turf of private banks in Asian wealth management centre Singapore, looking to poach emerging millionaire clients in the region. As major players such
      Reuters  -  814 words
    • COMPANY NEWS
      • Article
        Lock icon CSE units win $85m contracts
        108 9 CSE Global Ltd (CSE) said its subsidiaries had won several contracts worth a total of $85 million in December 2009 for the oil and gas and infrastructural sectors. The contracts consist of three telecommunication and security surveillance projects in Saudi Arabia, Abu Dhabi and Papua
        108 words
      • Article
        Lock icon Wee Hur contract’s value up
        86 9 WEE Hur Holdings has announced an increase in the value of a building contract. The group was awarded a $99.9 million contract for a proposed condominium housing development at Newton Road in February 2008 by Pacific Rover Pte Ltd. Under a supplementary agreement, which added
        86 words
      • Article
        Lock icon Cosco unit delivers new build ship
        62 9 COSCO Corporation (Singapore) Ltd said its subsidiary, Cosco (Zhoushan) Shipyard Co Ltd, has delivered a new build ship, a 57,000 dwt bulk carrier, the MVDai Shan Hai. The bulk carrier measures 189.99 metres long, 32.26 metres wide and 18 metres high. The ship has
        62 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      1484 6 Ctf'Ci <r HI ASIA PACIFIC BREWERIES LIMITED (Company Registration No. *****0007K) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Asia Pacific Breweries Limited ("APBL" or the "Company") will be held at Level 2, Alexandra Point, 438 Alexandra Road, Singapore *****8
      1,484 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      54 7 It takes TALENT to meet big challenges and AMBITION to aim for constant improvement. It is with this knowledge that we have proved a reliable SWISS partner in PRIVATE BANKING. Since 1755. t C Jt V > xi > m IK. •r.' 7 £-<■» > \L i 'ft 1 -0?
      54 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Index up but market shows fatigue
      591 8  -  Rises outnumber falls in broad market; penny stocks are again market leaders on local bourse STOCKS R SIVANITHY Senior Correspondent TRADERS yesterday indulged in a spot of “buying the dips but selling into strength”, resulting in the Straits Times Index first rising about 18
      Source: Bloomberg  -  591 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Jan 6 VALUE CLOSE BT OB/OS 1224.00 +71.0 BT CADI -*****.00 +41.0 BT 10-day MA -*****.00 +122.0 FTSE ST Mid Cap 716.30 +0.86 FTSE ST Small Cap 571.75 +1.74 FTSE ST All Share 725.66 +2.25 FTSE ST China Top 292.98 +0.91 FTSE ST China 306.79 -1.49 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 6 2 0 0 0 9 6 2 Manufacturing 73 53 73 8 6 10 81 59 83 Commerce 23 20 30 2 5 9 25 25 39 Tpt/Stor/Comms 17 16 10
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Valuetronics Holdings Ltd
        408 8 Jan 6 close: $0.15 OCBC INVESTMENT RESEARCH, Jan 6 SINCE our report on Valuetronics Holdings (VHL) last month communicating our expectation of an improved performance going forward, we note that our view has been reaffirmed by update from its major customer. Philips Electronics, which contributed approximately 40
        Source: Bloomberg  -  408 words
      • Article
        Lock icon Singapore Property
        525 8  -  Singapore Property DBS GROUP RESEARCH, Jan 6 Compiled by JOYCE HOOI ON the high-end side of things, CapitaLand officially announced this morning that Phase 1 of its Urban Suites project has been fully sold. The second phase will be launched next week over in Jakarta, Indonesia. Urban Suites
        525 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 41,259 41,259 136,692 136,692 Manufacturing 579,914 51,928 631,842 364,630 3,435 368,065 Commerce 213,016 49,359 262,375 138,356 5,764 144,120 Tpt/Stor/Comms 180,665 6,937 187,602 245,905 1,400 247,304 Finance 29,023 29,023 178,058 178,058 Construction 227,928 13,600 241,528 41,986
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 8 Stock name Close Change Stock name Close Change CapitaLand 4.260 -0.020 CapitaMall 1.850 +0.010 CityDev 11.700 -0.340 ComfortDelGro 1.640 Cosco Corp 1.260 -0.010 DBS Grp 15.500 F&N 4.380 +0.090 Genting SP 1.270 -0.010 Golden Agri 0.575 +0.035 HK Land 4.870 -0.070 JMH 30.000 +0.160 JSH 17.540
      111 words
    • Article, Illustration
      Lock icon Euro falls vs US$; yen lower on concerns over Fujii
      519 8 CURRENCIES Reuters [LONDON] The euro fell against the US dollar yesterday after European Central Bank executive board member Juergen Stark was quoted in a media report as saying that the European Union would not bail out Greece. The yen also
      Reuters; BLOOMBERG  -  519 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 8 VOLUME Golden Agri 146,728,000 Genting SP 136,327,000 Healthway 96,659,000 Oceanus 92,253,000 MediaRing 63,169,000 UniFiber 53,163,000 See Hup Seng 52,725,000 GMG Global 52,378,000 ChinaTaisan 51,270,000 RafflesEdu 46,080,000 VALUE($) Genting SP 174,550,870 Golden Agri 82,194,840 CapitaLand 77,507,361 Keppel Corp 77,116,740 DBS Grp 76,345,377 Wilmar 73,416,060 Yanlord 71,131,330 NOL 67,632,090
      55 words
    • Article
      Lock icon RISES
      115 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 95.0 0.6 DBXT MSKorea 10US$ 4849 75.4 1.1 DBXT FTChina25 10US$ 3194 68.4 1.6 DBXT FTVietnam 10US$ 4820 34.9 0.5 STXPO 100 1434 32.0 2.3 OCBC Bk 4.5%NCPS 100 9830 30.0 0.3 Lyxor China H 10US$ 1714 29.3 1.2 UOB 1990
      115 words
    • Article
      Lock icon FALLS
      112 8 BY CENTS CLOSE DOWN CityDev 1170 -34.0 -2.8 SIA 200 1466 -30.0 -2.0 HL Fin 301 -15.0 -4.7 SIA 1476 -14.0 -0.9 Jardine C&C 2720 -10.0 -0.4 HK Land 487 -9.8 -1.4 Total Access 104 -8.4 -5.5 Great Eastern 1360 -8.0 -0.6 CapMallsAsia 243 -7.0 -2.8 Spore Land 661
      112 words
    • Article
      Lock icon CURRENCIES
      87 8 Where S$ stands Jan 6 CHNG YR 2010 CLOSE FR Jan 5 S$ LOW S$ HIGH US$ 1.3955 0.02 1.4044 1.3955@ Euro 2.0031 0.50 2.0133 2.0031@ Pounds 2.2366 0.31 2.2687 2.2366@ A$ 1.2754 0.10 1.2768 1.2617 Yen* 1.5123 0.41 1.5188 1.5047 Rupiah* 0.***** -0.41 0.***** 0.***** Baht* 4.2084 0.08
      87 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      164 9 wer is in your h if you can tame i"t Ki, nd 91 V 4f i A 'tt 2 X ri0T »:ssf Vo << t wmmmmimwmM/MM i ri i i i m xxxx XX n Power isn't just exceptional with the -Jaguar XK. It is ext ra o r d
      164 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Hotel room rates may dip further this year: CBRE
      503 10  -  With more visitors expected, more hotels are set to compete for guests By EMILYN YAP THE number of visitors to Singapore is likely to grow this year, but so will the number of hotels vying for a share of the pie,
      Source: STB, CBRE Hotels  -  503 words
    • Article, Illustration
      Lock icon Suntec notches 5% jump in visitors
      206 10 THE show must go on. And at Suntec Singapore International Convention Exhibition Centre, it has, downturn notwithstanding. The meetings, incentives, conventions and exhibitions (MICE) venue hosted about 1,400 events and welcomed 6.7 million visitors in 2009, a 5 per cent increase in visitors from
      FILE PHOTO  -  206 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Innovalight gets more capital to boost output
        89 10 US-BASED Innovalight, a private firm that sells silicon ink-based solar cell materials and technology, said yesterday it has raised US$18 million of additional capital to expand production. This latest investment round was led by Economic Development Board Investments (EDBI). Vertex Venture Holdings, the
        89 words
      • Article
        Lock icon Citibank Thailand’s Lim joins Stanchart
        46 10 STANDARD Chartered Bank Singapore yesterday appointed Citibank Thailand’s Paul Lim its head of financial institutions and origination client coverage for wholesale banking in Singapore. Mr Lim takes over from Chew Kim Ling, who moves to origination and client coverage, Southern Asia.
        46 words
      • Article
        Lock icon NUS prof named CEO of Science Centre
        51 10 NATIONAL University of Singapore (NUS) professor Lim Tit Meng has been appointed chief executive of the Science Centre Singapore from Jan 16. Prof Lim, from the NUS biological sciences department, will take over from Chew Tuan Chiong, who is leaving to pursue other
        51 words
    • Article
      Lock icon COE premiums rise across the board
      313 10  -  By SAMUEL EE VEHICLE certificate of entitlement (COE) premiums rose across the board yesterday in the first bidding exercise of the new year, boosted by sharp discounts and buyers eager to get their new cars before Chinese New Year, according to some motor distributors.
      313 words
    • Article, Illustration
      Lock icon Revolutionising the digital music industry
      344 10 IF you’re too cheap to buy good CDs but hate listening to scratchy music online, this new technology may just be what you’ve been waiting for. Yesterday, Exploit Technologies and Institute for Infocomm Research (I²R) announced the world’s first adaptive audio streaming technology, MPEG-4 SLS,
      344 words
    • Article
      Lock icon Four S’pore-Israel R&D projects get $10.6m backing
      288 10 Initiatives could revolutionise their respective industries THE Singapore-Israel Industrial R&D Foundation (SIIRD) is investing $10.6 million in four new projects. This is on top of its investment in six projects valued at $10 million in the third quarter of last year. SIIRD is
      288 words
    • Article
      Lock icon S’poreans optimistic about 2010
      208 10 AMID signs of an economic recovery, a survey by OCBC Bank has found that three in five people here are confident about what 2010 will bring. The survey on “Singaporeans’ Resolutions and Goals” also found that three in four people see a stronger economy this year.
      208 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      583 10 WATS NOTICES BUY IT-SELL IT-FIND IT IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AQUA REGIA PTE. LTD. IN LIQUIDATION (REGISTRATION NO. *****0863N) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act,
      583 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      23 10 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
      23 words
Page thumbnail Page 11
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Iceland won’t default, says finance minister
      663 11 Remark follows debt rating downgrade to junk level Bloomberg [REYKJAVIK] Iceland won’t default, Finance Minister Steingrimur Sigfusson said after the country’s debt was downgraded to junk. The downgrading followed a presidential veto of a depositor bill that had sought to repair investor relations. “I
      Bloomberg; BLOOMBERG  -  663 words
    • Article
      Lock icon EU won’t bail out Greece, warns ECB’s Stark
      586 11 But economists say help will come if its debt problem threatens euro zone Reuters [MILAN] The European Union would not help bail out Greece if that country’s public debt problem continued to worsen, European Central Bank executive board member Juergen Stark was
      Reuters  -  586 words
    • Article
      Lock icon Interest rate hike unlikely as Jakarta sees no inflation rise
      337 11 Reuters [JAKARTA] Indonesia’s central bank said yesterday it did not expect inflation to pick up in the first half of 2010, cooling speculation it may raise rates as early as the first quarter. Bank Indonesia (BI) left its key interest
      Reuters  -  337 words
    • Article
      Lock icon Global financial regulation overhaul seen soon
      792 11 Reuters [WASHINGTON/LONDON] Global financial regulation has changed little since the 2008 banking crisis, but that won’t be the case much longer. US and EU authorities are expected to hammer out the definite shape of a new regulatory order this year that will fundamentally change
      Reuters  -  792 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      128 11 Honda Freed Honda Stream RSZ Honda Odyssey MPVs from Honda. Eachoneisawonderfulnewexperienceforthewholefamily. Visit Kah Motor for a personal demonstration of each of our award-winning MPVs and receive FREE UPGRADES and DISCOUNTS if you book by 17th January! HondaStreamRSZ •1.8L,140psi-VTEC and5speedautomatic •Newfrontandrearaero bumperanddiffuser •Newsideskirts HondaFreed •1.5L,118psi-VTEC and5speedautomatic •Remotecontrolledpower slidingdoors •Lowandflatfloordesign •Themostfuelefficient initsclass
      128 words
Page thumbnail Page 12
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Alliance Financial confirms probe at banking unit
      488 12  -  Corporate banking head made acting CEO but CEO denies that she has resigned By S JAYASANKARAN ALLIANCE Financial Group confirmed late Tuesday that an internal investigation was going on in its wholly owned Alliance Bank “as part of its due diligence on corporate
      THE STAR  -  488 words
    • Article
      Lock icon 2 charged over stolen Malaysian jet engines
      302 12  -  By S JAYASANKARAN A ROYAL Malaysian Air Force (RMAF) serviceman and a director of an aviation firm were charged in Malaysia’s Sessions Court yesterday in connection with two stolen F-5E jet engines. Sergeant N Tharmendran, 42, was indicted on the theft of the
      302 words
    • Article
      Lock icon Indonesia may scrap limits on reimbursing oil exploration cost
      399 12 Reuters [JAKARTA] Indonesia plans to scrap curbs on a scheme to reimburse oil and gas firms for exploration spending in order to support flagging investment, a senior energy ministry official said on Tuesday. Indonesia’s cost recovery scheme reimburses oil firms for
      Reuters  -  399 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      2208 12 <0* NOTICES BUY IT- SELL IT- FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg 3E m at m m us W PI ASA GROUP HOLDINGS LTD. ASA GROUP HOLDINGS LTD (Incorporated in Singapore) (Company Reg. No. *****8258M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting
      2,208 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      600 12 WATS 3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF CROCKETT INTERNATIONAL ASIA PACIFIC PTE LTD (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****9383D NOTICE OF RESOLUTION FOR MEMBER'S VOLUNTARY WINDING UP (PURSUANT TO SECTION 290) At the Extraordinary General Meeting of the members of
      600 words
Page thumbnail Page 13
  • GREATER CHINA
    • Article, Illustration
      Lock icon Australia, China ties are maturing
      698 13 In October, Yanzhou Coal won Australian approval to buy Felix Resources Bloomberg [SYDNEY] The economic relationship between Australia and China is maturing as the countries “learn from the past” and improve communication on potential investments, Australia’s energy minister said. Australia will remain open to foreign
      Bloomberg; BLOOMBERG  -  698 words
    • Article, Illustration
      Lock icon China cities rationing power for industry
      605 13 Cold snap ramps up energy demand, strains coal supplies Reuters [BEIJING] Cities across eastern and central China are rationing power for industry and urging residents to limit gas use after a wave of icy weather sent energy demand soaring while straining supplies of coal
      Reuters; REUTERS  -  605 words
    • Article
      Lock icon US slaps more duties on wire decking imports from China
      324 13 Reuters [WASHINGTON] The US on Tuesday slapped additional duties of 43 to 289 per cent on imports of more than US$300 million worth of a steel product from China, the US Commerce Department said. The action against Chinese-made wire decking
      Reuters  -  324 words
    • Article
      Lock icon PICTET FUNDS
      366 13 PF LUX) Abs. Ret. Gib Conservative-P cap 31.12.2009 EUR 97,58 PF LUX) Abs. Ret. Gib Diversified-P cap 31.12.2009 EUR 108,70 PF LUX) Asian Equities (Ex-Japan)-P cap 31.12.2009 USD 166,86 PF LUX) Asian Local Currency Debt-P cap 30.12.2009 USD 125,04 PF LUX) Biotech-P cap 04.01.2010 USD 283,04 PF LUX)
      366 words
    • Article
      Lock icon China equities rally seen fading from Q2
      498 13 MSCI may still end the year 15% higher, says Deutsche Bank Bloomberg [SHANGHAI] A rally by China’s stocks may fade from the second quarter as inflation triggers “significant policy tightening” by the government and the US economy weakens, Deutsche Bank AG said. The
      Bloomberg  -  498 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      187 13 PENG KWEE BUY. SELL. BRANDED WATCHES PENG KWEE PENGKwa PENG KWEE H BUY SELL ROLEX/ PATEK PHILIPPE/ PIAGET/ AP/ VC/ IWC/ JAEGER OR OTHER BRANDED WATCHES #01-45A Peninsula Plaza #02-90K People's Park Complex #01-45 The Bencoolen #01-46 Peninsula Plaza #01-44 People's Park Centre #01-53 Lucky Plaza 447, Geylang Road #02-44
      187 words
Page thumbnail Page 14
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Tata Motors eyes US market for its Nano
      715 14 This would follow possible sales in Europe by the end of 2011: chairman Reuters [NEW DELHI] India’s Tata Motors may consider launching its ultra-cheap Nano car in the United States in three years, its chairman said on Tuesday, following possible sales in
      Reuters; AFP  -  715 words
    • Article
      Lock icon China targets ‘moderate’ loan growth in 2010
      515 14 Bloomberg [BEIJING] China’s central bank says it will target “moderate” loan growth this year, signalling that the government may rein in a record expansion in credit in the world’s third-biggest economy. Policymakers need to support “relatively fast” economic growth while managing inflation expectations,
      Bloomberg  -  515 words
    • Article
      Lock icon Tea shortage to widen as rising demand exceeds supply
      576 14 Bloomberg [MUMBAI] A global tea shortage may widen this year and extend into 2011 as a rebound in production in Africa, Sri Lanka and India trails demand growth, the world’s biggest tea-plan-tation company says. The deficit may reach as much as
      Bloomberg  -  576 words
    • Article, Illustration
      Lock icon ‘3 Idiots’ highest grossing Bollywood movie ever
      610 14 AFP [MUMBAI] Aamir Khan’s latest film, 3 Idiots, has become the highest grossing Bollywood movie of all time, with strong showings at home and abroad raising hopes for further cross-over hits for Indian films. The leading actor-producer-di-rector wrote on his blog that box
      AFP  -  610 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      26 14 as Tay Yanshan Chong Keng Yew Yeung Chung Kin Lim Boon Pee Chen Zhao Ping SXXXX717B SXXXX395C SXXXX559B SXXXX441A SXXXX034D #Rf$#iPod Naiio 8GB a 9 www.omy.sg
      26 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      452 14 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 LSC-THONDAR PTE LTD (In Members' Voluntary Liquidation) Company Reg. No. *****1615M At an Extraordinary General Meeting of the members of LSC-THONDAR PTE LTD duly convened and held at 6001 Beach Road #14-01 Golden Mile Tower, Singapore *****9 on 28
      452 words
Page thumbnail Page 15
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Asian firms are starting to have a tech edge
      682 15 They are pumping money into different start-ups to get the latest technology NYT [SUNNYVALE, California] Many Asian companies have moved well beyond contract manufacturing to seize greater control over the look and feel of tomorrow’s personal computers, smartphones and even Web
      NYT  -  682 words
    • Article
      Lock icon Flavio Briatore unlikely to return to F1, says Ecclestone
      346 15 Reuters [LONDON] Flavio Briatore is unlikely to return to Formula One any time soon despite a French court overturning the former Renault team principal’s lifetime ban, according to commercial supremo Bernie Ecclestone. “He’s happy he’s won, of course. But he didn’t
      Reuters  -  346 words
    • Article
      Lock icon LATEST US DATA Private sector job losses slow in Dec
      349 15 Reuters [NEW YORK] The rate of job losses at US private employers slowed in December, while planned layoffs at companies fell to the lowest in two years during the month, according to two reports released yesterday. The private sector lost
      Reuters  -  349 words
    • Article, Illustration
      Lock icon Goldman to convert SMFG preferred stock
      593 15 Bloomberg [TOKYO] Goldman Sachs Group will convert its 100 billion yen (S$1.51 billion) of preferred shares in Sumitomo Mitsui Financial Group (SMFG). Goldman Sachs may have a stake of much as 2.4 per cent in Sumitomo Mitsui after the transaction, according to a statement
      Bloomberg; BLOOMBERG  -  593 words
    • Article, Illustration
      Lock icon Banking chief Christopher Dodd to leave US Senate
      370 15 [WASHINGTON] Veteran Democratic Senator Christopher Dodd was to announce yesterday that he would not be seeking re-election in November in a recognition that his troubles are too deep to survive politically the latest sign of trouble for President Barack Obama’s Democrats. Mr
      Reuters  -  370 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      95 15 complimentary Spin or Latte! Janurary Issue out now! DOWN BUT NOT OUT! Where to put your money in the new year. Rebuilding retirement funds in the wake of the financial storm. Find out why OSIM CEO Ron Sim puts business success down to inspiration and courage. In ImPulses, Jet Li
      95 words
Page thumbnail Page 16
  • WORLD
    • Article, Illustration
      Lock icon Rajaratnam took US$36m: prosecutors
      605 16 Gains from insider trading are double the amount previously alleged Bloomberg [NEW YORK] Federal prosecutors have doubled the amount that they say Galleon Group LLC founder Raj Rajaratnam got from a broad insider trading scheme. US prosecutors in New York filed court papers on Tuesday in
      Bloomberg; REUTERS  -  605 words
    • Article, Illustration
      Lock icon Manipulation did not cause 2008 cotton spike: CFTC
      637 16 Reuters [WASHINGTON] Market manipulation did not cause US cotton futures prices to artificially spike in 2008, the Commodity Futures Trading Commission (CFTC) said on Tuesday, after a lengthy investigation spanning nearly 2 0 months. Evidence found a host of factors may have
      Reuters; BLOOMBERG  -  637 words
    • Article
      Lock icon CIA sharing data on environment
      590 16 NYT [WASHINGTON] The United States’ top scientists and spies are collaborating on an effort to use the federal government’s intelligence assets including spy satellites and other classified sensors to assess the hidden complexities of environmental change. They seek insights from natural phenomena like clouds and
      NYT  -  590 words
    • Article
      Lock icon DP World to seek listing on London bourse
      372 16 Group is unhappy with its current market valuation Reuters [DUBAI] Port operator DP World, part of troubled group Dubai World, said yesterday it is to seek a London listing for its shares following disappointment with its market valuation in Dubai. The company,
      Reuters  -  372 words
    • Article
      Lock icon Hershey board members split over Cadbury bid
      471 16 Bloomberg [ATLANTA] Hershey executives and board members are divided on whether to make a bid for Cadbury plc and have yet to arrange financing for an offer, according to people with knowledge of the matter. The board met on Monday without reaching a
      Bloomberg  -  471 words
    • Article, Illustration
      Lock icon Visa debit cards rule, through higher fees
      892 17 Visa enticed banks to take up signature debt, and turned the fees over to them NYT [NEW YORK] Every day, millions of Americans stand at store checkout counters and make a seemingly random decision: After swiping their debit card, they choose whether to
      NYT; BLOOMBERG  -  892 words
    • Article
      Lock icon More cars scrapped than bought in US
      455 17 Reuters [WASHINGTON] Americans scrapped more automobiles than they bought last year as the ragged economy reduced demand and some major cities expanded mass transit service, according to a new report. The United States scrapped 14 million autos while buying only 10 million last
      Reuters  -  455 words
    • Article, Illustration
      Lock icon GM lags behind Ford, Toyota in US market share
      601 17 Its car sales in Dec fall 5.7% while Ford, Toyota sales soar Bloomberg [NEW YORK] General Motors (GM) lost US market share to Ford Motor and Toyota Motor in December as the government-control-led carmaker failed to take advantage of improving consumer
      Bloomberg; AP  -  601 words
    • Article
      Lock icon Top French firms feel the heat from online satire
      597 17 Carrefour and French Telecom among targets of videos Reuters [PARIS] The rise of videosharing websites such as YouTube and Dailymotion is proving to be a headache for some of France’s biggest companies as their image comes under fire from satirical online
      Reuters  -  597 words
    • Article
      Lock icon ESPN, Discovery to broadcast 3D TV
      262 17 AP [NEW YORK] Two major US cable networks ESPN and Discovery plan to start beaming 3D entertainment into Americans’ homes for the first time. Riding what could be one of the next big waves in consumer electronics, ESPN said it will have a 3D
      AP  -  262 words
  • Page 16 Advertisements
Page thumbnail Page 17
Page thumbnail Page 18
  • AVIATION
    • Article
      Lock icon US carrier Mesa Air files for bankruptcy protection
      895 18 Airline says it will trim oversized fleet and emerge as stronger company Reuters [CHICAGO] US regional airline operator Mesa Air Group Inc filed for bankruptcy protection on Tuesday, and said it would trim its oversized fleet and emerge as a stronger company.
      Reuters  -  895 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2992 18 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1240 SQ458 1415 EY473 1940 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 QF81 1830 Amsterdam LO4031 0610 KL836 0125 SQ323 0610 AZ3993 2250 US5410
      2,992 words
    • Article
      Lock icon Waha Capital inks UAE army deal worth US$1.8b
      244 18 Reuters [ABU DHABI] Abu Dhabi-listed Waha Capital finalised a US$1.8 billion financing deal for the United Arab Emirates Armed Forces to buy Airbus and Boeing military aircraft, the firm said on Tuesday. The financing deal enables the military to buy three Airbus
      Reuters  -  244 words
    • Article, Illustration
      Lock icon US officials frustrated by tanker process
      675 18 Reuters [MOBILE, Alabama] Mobile, Alabama Mayor Sam Jones and other state officials say they are growing increasingly frustrated about the Pentagon’s handing of a multi-billion dollar competition between Boeing Co and Northrop Grumman Corp to provide new aerial tankers. Mr Jones told Reuters that
      Reuters; AP  -  675 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      344 18 CRYPTIC CROSSWORD Across 1 The anger when cleaner breaks this piece of apparatus (10) 6 Old rodent seen around plant (4) 9 Mistreated a pony girth is shrinking (10) 10 Long underwear to be cut short (4) 13 Call promises of payback ‘suspect’ (7) 15 Cafeteria is hit (6) 16
      344 words
Page thumbnail Page 19
  • SHIPPING
    • Article, Illustration
      Lock icon Maersk hired Tanzanian navy to ward off pirates
      516 19 Engaging warships can mean an extra levy on shipping companies’ earnings Reuters [COPENHAGEN] Danish shipping and oil group AP Moller-Maersk disclosed on Tuesday that it hired a Tanzanian navy vessel in late 2008 to keep pirates off its Brig it Maersk tanker
      Reuters; REUTERS  -  516 words
    • Article
      Lock icon General Dynamics ship ready for US Navy
      945 19 Reuters [MOBILE, Alabama] US Navy Commander Curt Renshaw says the size, speed and stability of his new ship, the first General Dynamics Corp Littoral Combat Ship (LCS), make it ideal for a wide range of missions, including chasing down modern-day pirates. The Navy
      Reuters  -  945 words
    • Article
      Lock icon Baltic Dry Index rise led by demand for iron ore vessels
      295 19 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, climbed for a second consecutive day as demand strengthened for larger iron-ore transporters. The index tracking transport costs on international trade routes rose 130 points, or
      Bloomberg  -  295 words
    • Article
      Lock icon TRANSPORT ST0CKS
      286 19 SGX '000 Jan 6 S$ +/-Vol CH Offshore 0.70 unch 3043 Chuan Hup Hldgs 0.35 unch 230 Cosco Corp 1.26 -0.01 ***** CWT Ltd 0.82 -0.03 4573 Ezra Hldgs 2.35 -0.02 5313 First Ship Lease 0.60 unch 2062 Freight Links 0.06 0.01 1068 Grand Banks unch unch 0
      286 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      223 19 2nd Annual Register Now! Break]^ Transportation Conference Exhibition CHARTING THE RECOVERY 26-27 January 2010 Suntec Singapore International Convention and Exhibition Centre, Singapore ■TJ .■2 Don't miss the largest gathering in Asia for heavy-lift, project cargo and breakbulk cargo transportation. Senior speaker line up includes: Mark Garvey, Chief Operating Officer, Foster
      223 words
Page thumbnail Page 20
  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon An answer to the ills of the financial sector
      993 20  -  The industry needs to get back to basics and emerging markets could show the way ANTHONY ROWLEY Tokyo Correspondent THE image of the financial profession has been so badly tarnished by the greedy and grasping behaviour of investment bankers that it
      BLOOMBERG  -  993 words
    • Article, Illustration
      Lock icon A new decade scarred by the Great Recession?
      775 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group ONE insistent question at the start of a new decade involves the lingering effects of the old: What scars will the Great Recession leave? We are already seeing some. Americans are moving
      The Washington Post Writers Group  -  775 words
    • Article
      Lock icon Symbol of a decade of excess
      463 20 EDITORIAL TALK about bad timing. When the Burj Dubai was first conceived in the mid-2000s, the real estate boom around the world was well underway. Nobody at the time would have thought that a tower, half-a-mile high, was particularly excessive, even in the middle
      463 words
    • Article, Illustration
      Lock icon A year of beginning of new trends?
      1345 21  -  Govts, central banks in developed nations will be busy for quite some time cleaning up the mess left by the financial crisis By JORG ZEUNER The writer is the chief economist, VP Bank Group. VP Bank was founded in 1956 and is one
      AFP  -  1,345 words
    • Article, Illustration
      Lock icon Becoming prone to financial disaster on an epic scale
      935 21  -  By PETER BOONE ,SIMON JOHNSON Peter Boone, a research associate at the London School of Economics’ Centre for Economic Performance, is a principal in Salute Capital Management Ltd. Simon Johnson, a professor at MIT’s Sloan School of Management and former chief
      Bloomberg  -  935 words
Page thumbnail Page 21
Page thumbnail Page 22
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9048 22 Transaction date: Jan 6 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 16.5 -1 1060 17 16.5 16.5 17.5 5 0.7 30 79 9.5 2.5 5834
      9,048 words
    • Article
      Lock icon SGX CATALIST
      1767 23 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 6 1181 s AA Grp 7 6 8.5 6.7 25 12 8538 t APStrategic 17 15 16 100.3 4 0.5 1501
      1,767 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9267 23 UNIT TRUSTS FUNDS UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!& 2.225/ AIGIF S'pore Bond Fund✓^ 1.386/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.21/ APS Alpha Fund (USD)!** 0.87/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd
      9,267 words
    • Article
      Lock icon SGX ETF
      441 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 110 108 110 502.1 841 427 CIMBAsean40 100US$ US837 -3 60 837 837 836 838 33.5 297
      441 words
    • Article
      Lock icon CLOB INTERNATIONAL
      261 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A51.5 51 52.5 3.6 6.8 4.1 134.1 31 6 6017 Genting HK US$ US25.5 -0.5 1860 26.5 25.5 25.5 26
      261 words
Page thumbnail Page 23
Page thumbnail Page 24
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 24 In local curr In S$ In US$ dy yr dy yr dy yr Jan 5 Index Change Change Change Change Change Change World Index Preliminary 846.1 0.2 24.8 0.0 25.4 0.2 29.5 EAFE Preliminary 797.8 0.3 22.9 0.1 26.5 0.3 30.6 Europe Preliminary 1145.3 0.1
      365 words
    • Article
      Lock icon INTERBANK RATES
      177 24 Jan 6 $S Offer Bid Overnight 3/16 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 1/8 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.53 0.43 9 months 0.90 0.70 12
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Jan 6 S$ Bid Offer 1-month 1.3971 1.3985 2-months 1.3974 1.3989 3-months 1.3977 1.3992 6-months 1.3985 1.4001 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      181 24 Jan 6 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 10 304.0 300.0 304.0 44 769 Mar 10 302.5 614 Apr 10 304.0 450 May 10 306.0 730 Jun 10 306.0 650 Jul 10 305.0 280 TSR 20
      181 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      93 24 Jan 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 08.04.2010 0.58 0.55 0.51 1-Year BY*****N 01.11.2010 0.60 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****H 3.625 01.07.2011 104.40 104.45 104.43 5-Year N*****0N 1.375 01.10.2014 100.23
      93 words
    • Article
      Lock icon CHICAGO BOT
      105 24 Jan 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 1052.25 1049.50 1056.00 1042.00 Mar 10 1061.00 1058.00 1064.50 1050.50 May 10 1064.75 1062.50 1068.25 1054.75 Jul 10 1068.50 1067.00 1072.25 1059.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 10 40.71 40.90 41.10
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Jan 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 80.18 0.69 WTI (Near Mth) 81.90 0.36 Dubai (1-Mth F) 79.95 0.59 Tapis blend 83.35 0.75 Minas 82.30 1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.10 2.00 Jet Kerosene 90.15 2.15 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2256 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 unch 275 1 15 6 5.67 52 2036Advance SCT Ltd W*****9 0.5 1 87 1650 10.00 7 8756# Asiatic Grp (H) Ltd W*****2 10.5 0.5
      2,256 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 24 Jan 6 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2620 1.3000 Can dollar 1.3360 1.3510 Euro 1.9950 2.0170 NZ dollar 1.0160 1.0370 Sterling pound 2.2210 2.2450 US dollar 1.3900 1.4060 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 24 Jan 6 Open High Sett STI Jan 2925 2934 2930 SIMSCI Jan 351.6 354.0 352.5 Taiwan Jan 295.3 301.3 300.5 Source: MF Global (S) Pte. Ltd
      29 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5087 25 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W GLOBAL SERVICE CONVENTIONAL BREAKBULK UK CONTINENT SERVICE U.S.A SERVICE Destination STXPO TBN RTM/ANR/TIL Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN
      5,087 words
    • Article
      Lock icon PALM OIL
      68 24 Jan 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 10 2640 2650 2665 2640 190 2018 Feb 10 2655 2680 2700 2655 1389 ***** Mar 10 2678 2702 2726 2675 8912 ***** Apr 10 2695 2716
      68 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      349 24 Jan 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.6750 0 ***** Jun10 99.4150 0 7131 Sep10 99.0400 0 2761 Dec10 98.6400 0 3064 EUROYEN TIBOR FUTURES Mar10 99.6000 99.6000 99.5950 99.5950 106 3965 Jun10 99.6400 99.6400 99.6400 99.6350 20 1709 Sep10 99.6550 0 1666
      349 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.948 6.232 0.637 7.080 42.094 84.827 0.841 10.373 3.092 1.247 77.195 42.016 1.276 6.703 0.945 29.090 30.259 0.570 0.913 Canada 1.055 6.573 0.672 7.466
      463 words
    • Article
      Lock icon LIFFE
      77 24 Jan 5 COCOA (£/tonne) Close Prev High/Low Mar 10 2275 2222 2284/2225 May 10 2288 2242 2297/2244 Jul 10 2265 2222 2274/2222 Sep 10 2233 2186 2237/2184 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1315 1321 1332/1325 Mar 10 1357 1364 1378/1354 May 10 1388 1393 1406/1385 SUGAR (US
      77 words
    • Article
      Lock icon SIBOR
      85 24 Jan 6 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Jan 6 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2748 1.2763 0.9127 0.9129 Canadian dollar 1.3443 1.3461 0.9625 0.9628 Euro 2.0015 2.0039 1.4330 1.4333 NZ dollar 1.0221 1.0238 0.7318 0.7323 Sterling pound 2.2371 2.2396 1.6017
      157 words
    • Article
      Lock icon PRECIOUS METALS
      141 24 GOLD (US$/oz) Jan 06 Jan 05 Hong Kong 1124.70 1125.10 Jan 04 Jan 05 London 1122.15 1124.50 1122.95 1125.50 Source: Thomson Reuters CAST BAR Jan 06 (S$) Selling Buying Kilobar "53,936.56" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120.91 50 5gm 343.47 252 10gm 613.11 503 20gm
      141 words
    • Article
      Lock icon LONDON METALS
      69 24 Jan 5 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2268.25 2232.75 3 months 2302.00 2267.00 Copper, Grade A (US$/tonne) Cash 7450.25 7466.25 3 months 7485.00 7500.00 Lead (US$/tonne) Cash 2493.00 2484.25 3 months 2522.50 2515.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
Page thumbnail Page 25
Page thumbnail Page 26
  • Article
    Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
    3458 26 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The telephone numbers of the advertisers are provided for your convenience. ETA ETA Advertiser Vessel Voyage Telephone SIN Dest’n Name Name
    3,458 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • BizIT
    • Article, Illustration
      Lock icon SMBs to enjoy 50% discount for Windows 7
      540 27  -  The offer which falls under Microsoft’s open-value volume licensing programme kicks off its post-holiday sales, reports WINSTON CHAI WINSTON CHAI THE world’s largest software company has kicked off its post-holi-day sales by slashing 50 per cent off the price tag of its
      REUTERS  -  540 words
    • Article
      Lock icon Raft of next-generation devices on the way
      847 27 LAT-WP [WASHINGTON] The 21st century may finally be starting, one decade late. A raft of sci-fi-inspired gadgets and technologies are being announced this month, promising a future of 3-D television, su-per-smart phones and next-generation electronic tablets that wrap the features of a laptop
      LAT-WP  -  847 words
    • Article
      Lock icon Lenovo tailors ThinkPads for entrepreneurs
      593 27 AFP [SAN FRANCISCO] Chinese technology giant Lenovo is taking aim at the booming small business market with a new line of ThinkPad notebook computers tailored for entrepreneurs. Lenovo’s ThinkPad Edge line redesigns technology long relied on by global corporations to fit the needs and preferences
      AFP  -  593 words
    • Article
      Lock icon Microsoft’s Bing maps targeted in patent lawsuit
      323 27 Patent covers system of sending 3-D images over Internet Bloomberg [WASHINGTON] Microsoft Corp, the world’s biggest software-maker, has been sued by a Virginia company that claims the Bing search engine’s mapping program uses its patented invention without permission. Skyline Software Systems Inc sued
      Bloomberg  -  323 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      70 27 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing and a proven methodology. We provide businesses with one-stop shop service, from IT
      70 words
Page thumbnail Page 28
  • PROPERTY
    • Article, Illustration
      Lock icon New York apartment prices continue falling
      978 28 Its median price slid 10% to US$810,000 in Q4 from a year earlier, as Manhattan records 10% unemployment Bloomberg [NEW YORK] Manhattan apartment prices fell for a third consecutive quarter as Wall Street job losses drained demand and the decline in co-op and condominium
      Bloomberg; BLOOMBERG  -  978 words
    • Article
      Lock icon Macklowe in deal to regain Drake Hotel site
      371 28 Reuters [NEW YORK] Macklowe Properties and its new partner, real estate fund manager CIM Group, have signed a deal to purchase debt in order to take control of the site of the former Drake Hotel, a person familiar with the deal said
      Reuters  -  371 words
    • Article, Illustration
      Lock icon US shopping centre vacancies hit 18-year high
      499 28 Reuters [NEW YORK] Vacancies at US strip malls hit an 18-year high in the fourth quarter and the vacancy rate for large regional malls reached the highest in at least 10 years, according to real estate research firm Reis Inc. Strip malls neighbourhood
      Reuters; BLOOMBERG  -  499 words
    • Article, Illustration
      Lock icon China to limit credit for some home purchases
      669 29 It aims to curb speculation and prevent prices from rising rapidly Bloomberg [BEIJING] China will limit credit for some home purchases to reduce speculation and rein in surging prices, Housing Minister Jiang Weixin said. The nation will “further restrict credit for the
      Bloomberg; REUTERS  -  669 words
    • Article
      Lock icon Plan to launch reits under trial programme
      124 29 Bloomberg [SHANGHAI] China is working to introduce real-estate investment trusts, or Reits, under a trial programme, the People’s Bank of China said in a statement on its Web site yesterday, without giving more details. Shanghai’s city government is considering a plan to allow
      Bloomberg  -  124 words
    • Article
      Lock icon Aussie home building approvals up 5.9%
      472 29 Reuters [SYDNEY] Approvals to build new homes in Australia jumped a surprisingly strong 5.9 per cent in November, further evidence of a construction boom that will increasingly foster growth. But yesterday’s data failed to sway market expectations which remain evenly split over whether the
      Reuters  -  472 words
    • Article, Illustration
      Lock icon Sales of luxury homes still brisk
      522 30  -  Outlook for this segment positive as it still has room to move up By UMA SHANKARI LUXURY homes continued to sell well right to the end of 2009, updates from two developers show. Malaysia-based YTL Corporation has sold six of the 13 villas at
      522 words
    • Article
      Lock icon Househunt PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN DEC 16 AND DEC 22, 2009
      916 30 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 18/12/2009 99 592 1066 1800 The Sail Marina Bay Apt
      916 words
    • Article
      Lock icon London office rents to soar in 2010: report
      415 30 But rents in the rest of the UK expected to keep declining Reuters [LONDON] Office rents in London are seen surging in 2010, boosted by rising confidence among financial tenants and tight supply, having fallen up to 40 per cent in the
      Reuters  -  415 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      48 28 No crystal ball. No tarot cards. Just a measured pick of the 10 Indians who should ride high this year This is Reena calling from the South Pole... Indian team member of Antarctica expedition talks to tabla! GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      48 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 2
      17 28 rt> 9t3H0f 30 (tWMOM i MON-FRI 8PM TO 12 BOY THUN DEI 913FM TOOAV S BEST MUSIC
      17 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      56 29 Singapore Sotheby's A INTERNATIONAL REALTY Properties Wanted We have a pool of high budget oversea buyers Trusted names in providing quality and luxurious homes International Affiliations High Net Worth clientele Call Now: 8522 5033 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800
      56 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      301 29 ENTERPRISE LOGISTICS CENTRE -J Warehouse For Lease Located at Tuas South Unit sizes from 28,000 sq ft to 163,000 sq ft High ceiling of up to 10m Floor loading of up to 25 KN/m 2 Very wide ramp and driveways for easy 40-footer container access Sheltered loading unloading bays in
      301 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 3
      1 29 ADVS
      1 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 4
      310 29 Prime Strata Office for Sale uiuiuuuuuui savills sSSffii HHJIIBI mm SOHO Central Excellent opportunity to acquire prime strata office units 581 to 872 sq ft Located above Clarke Quay MRT Station, with views of Singapore River 5-minute drive to CBD, Marina Bay Sands Marina Bay Financial Centre Vacant Sale with
      310 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      38 30 SAVILLS COMMERCIAL THE SMARTER CHOICE FOR TODAY'S BUSINESSES. CALL 6536 5022/6415 3636 NOW. 71 Robinson Road Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. savills.com •r-
      38 words