The Business Times, 20 January 2010

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Total Pages: 30
1 30 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Wednesday, January 20,2010
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  • 683 1  -  It’s building a huge mall, another theme park and a resort across the Causeway to add to Resorts World Sentosa buzz By PAULINE NG in Kuala Lumpur AS it prepares to launch Resorts World Sentosa (RWS) sans its casino and theme park today,
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  • 141 1 ST INDEX 2,912.92 (+0.90) ST INDEX FUTURES 2,912.00 (+32.00) SIMSCI 348.35 (+1.38) SIMSCI FUTURES 348.10 (+1.20) FOREX US$ S$ US$ (S$ per US$) 1.388 (US$/S$ per 1.642 2.279 EURO (US$/S$/E) 1.440 1.999 Foreign currency per US$ S$ YEN 90.60 65.30 RM 3.338 2.404 HK$ 7.764 5.593 BAHT 32.80
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  • 680 1  -  Way paved for creation of world’s biggest confectioner By EMILYN YAP [SINGAPORE] Kraft Foods is close to getting the sweet ending that it is looking for, four months after it launched a bitter takeover bid for Cadbury. After much resistance, Cadbury accepted
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  • Page 1 Advertisements
    • 51 1 EXEC MONEY Bright outlook for emerging markets PAGE 30 JAL JAL aims for modest life after bankruptcy PAGE 2 BT-NBS ROUNDTABLE Why social media is the next big thing PAGE 18 TRANSPORT HUB Funding gap for new aircraft poses challenge PAGE OPINION Why Wall Street pays itself so well PAGE
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    • 2 1 *****1 *****4
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    • 246 1 I AT IS WIW1S EXCELLENCE, LUDWIG OECHSLIN? "To understand it, you have to understand the inner workings of the concept of time." Ludwig Oechslin, curator at the Musee international d'horlogerie (international watch museum) in La Chaux-de-Fonds, Switzerland Best Private Bank 2008 and 2009 Awarded by FinanceAsia Pushing back the boundaries
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  • TOP STORIES
    • 694 2  -  Creditors may be asked to forgive about 350b yen of loans: sources By ANTHONY ROWLEY JAPAN Airlines (JAL) yesterday filed for court protection from creditors in order to allow the deeply ailing international carrier Asia’s largest by revenues but whose liabilities greatly exceed
      REUTERS  -  694 words
    • 536 2  -  By UMA SHANKARI [SINGAPORE] CapitaLand shares yesterday gained as much as 16 cents or 3.74 per cent as analysts issued fresh “buy” calls and upgraded the stock’s target price. The property group on Monday said it is buying a US$2.2 billion real estate business
      Source: Bloomberg  -  536 words
    • 566 2 AP Bloomberg [NEW YORK] Citigroup lost US$7.58 billion during the final three months of last year as US consumers still struggled to repay loans and the bank repaid its government bailout money. The financial group yesterday said that US$6.2 billion of the loss
      AP; Bloomberg  -  566 words
    • 529 2 Genting raises the stakes with Iskandar project AS it prepares to launch Resorts World Sentosa sans its casino and theme park today, Genting Group is already looking to build another resort, a huge mall and an even “more interactive theme park” just across the Causeway in Iskandar Malaysia.
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    • 711 3  -  HKEx denies media reports, says it will not stop listings by way of introduction By CONRAD TAN in Hong Kong HONG KONG has no plans to stop foreign companies from listing there by way of introduction despite concerns over the large movements
      BLOOMBERG  -  711 words
    • 686 3  -  By SAMUEL EE [SINGAPORE] The number of vehicle parallel imports registered in 2009 plunged to a four-year low as a shrinking COE quota and a rising Japanese yen set up road blocks for a once lucrative trade. Fewer certificates of entitlement (COEs)
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  • Page 2 Advertisements
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    • 63 2 INVESTMENT OPPORTUNITY IN ISKANDAR MALAYSIA 2 large estate homes at Leisure Farm, Iskandar Malaysia. a) The Colonade 63,466sq.ft land I Price: area, 9,340sq.ft built up area I MYR 6million b) Waterfall Villa 46 478sq.ft land I Price: area, 10,120sq.ft built up area I MYR 4.5million Interested, please contact: Charmian: 6550
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    • 26 2 FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. >&d WATs RECRUIT f L
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  • COMPANY NEWS
    • 416 4  -  Analysts slash target prices citing slow recovery in trading value By JAMIE LEE SHARES of Singapore Exchange (SGX) lost as much as 11 cents, or 1.32 per cent, before ending at $8.27 yesterday, after it posted lower-than-expec-ted earnings in the second quarter.
      ARTHUR LEE  -  416 words
    • 687 4  -  HOCK LOCK SIEW By JOYCE HOOI WHEN a listed company’s bottom line has redefined “bottom” and its cash flow is clogged like a plumber’s wet dream, perhaps the last thing it should do is annoy investors and others interested
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    • 242 4 Bloomberg DBS Group Holdings Ltd, South-east Asia’s biggest bank, plans to add branches and staff in Taiwan as more opportunities arise from improving cross-strait ties with China. DBS plans to add three more branches from the current 40, and increase the number
      Bloomberg  -  242 words
    • 479 5  -  Revenue rises 11 to $216.2m, thanks to higher handset sales By JOYCE HOOI MOBILEONE’s net profit inched up 1.6 per cent to $37.2 million for the fourth quarter of 2009, from $36.6 million for the year-ago comparative period. For the full year
      BLOOMBERG  -  479 words
    • 261 5  -  By VINCENT WEE KEPPEL Corp’s rigbuilding unit Keppel Fels yesterday delivered Ensco 8502, the third of seven Ensco 8500 series semisubmersible drilling rigs it has been contracted to build for Ensco International. The rig was delivered seven days ahead of schedule, and
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    • COMPANY BRIEFS
      • 63 5 MEDTECS International Corp, which supplies masks and healthcare equipment, posted net profit attributable to shareholders of US$1.79 million, up 83 per cent, for the year ended Dec 31, 2009. This was despite a 30 per cent decline in group revenue to US$56.7 million as the
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      • 151 5 VAN der Horst Energy said that it is unable to proceed with Institute of Environmental Science and Engineering Pte Ltd (IESE) on the proposed biodiesel project to be undertaken by its wholly owned subsidiary, Van der Horst Biodiesel. The company claims that IESE
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      • 74 5 YEO Hiap Seng (Malaysia) Berhad (YHSM), a subsidiary of Singapore-listed Yeo Hiap Seng Ltd, said that a wholly owned subsidiary of the company on Jan 18 received a termination notice from Allswell Trading Pte Ltd, the franchise holder of Red Bull energy
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    • 398 5  -  Contract is a 5-year plus 2-year optional time charter By VINCENT VINCENT WEE INDONESIAN tanker company Berlian Laju Tanker (BLT) is going full steam into exploiting the new cabotage rules in Indonesia, sealing a five-year plus two-year optional time charter for a very
      398 words
    • 543 8  -  It bags 2 services contracts worth up to US$80m; sets US$1 b target By VINCENT WEE EZRA Holdings has made a break into the West African market in a big way, announcing two services contracts worth up to US$80 million. It is aiming for
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    • 365 8  -  By ONG BOON KIAT SINGTEL has joined a diverse group of industry players to build a US$400 million subsea cable system that will initially link Singapore, Indonesia, the Philippines, Hong Kong and Japan by the second quarter of 2012. The 8,300 km system, dubbed the
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    • 286 8 Reuters SINGAPORE medical services firm Healthway Medical said China would account for half of its revenue by 2015 from an estimated 5 per cent this year as it seeks aggressive growth in the world’s third-largest economy. Healthway plans to open 40-50 new medical centres
      Reuters; ARTHUR LEE  -  286 words
    • 300 8  -  Jurong Cement asks if it is willing to top $2.10 offer By ONG BOON KIAT YTL Cement Singapore, which saw its $50 million offer to buy the assets of one of Jurong Cement Limited’s (JCL) units rejected by JCL’s controlling shareholder Holcim Investments
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  • Page 4 Advertisements
    • 400 4 —V r SINGAPORE AIRSHOW CARNIV, A weekend of fun for everyone Public Days: 6-7 FEBRUARY 2010 Head on down to Asia's biggest Airshow the Singapore Airshow to see the latest in aviation technology, spectacular aerobatic flying displays and enjoy a weekend of fun at the Singapore Airshow Carnival Changi Exhibition
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  • Page 5 Advertisements
    • 124 5 V J Emerging '^/Enterprise Give your best shot for S$1.2 million worth of prizes at the Emerging Enterprise 2010 Emerge as this year's top business player The Emerging Enterprise Award returns to recognise Singapore's most enterprising SMEs. This year, up to three SMEs will each receive up to S$390,000 in
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  • SINGAPORE MARKETS
    • 858 6  -  HK dollar continues 1-week losing streak, tumbling to fresh 15-month low CURRENCIES OH BOON PING Reporter IT IS really a story of contrasting fortunes. In early trades, the Singapore dollar soared to a five-day high against US dollar, while the Hong
      858 words
    • 186 6 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 3 0 0 0 7 7 3 Manufacturing 55 61 85 6 3 16 61 64 101 Commerce 19 21 34 4 4 5 23 25 39 Tpt/Stor/Comms 15 13 16
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    • BROKERS’ TAKE
      • 292 6 Jan 19 close: $2.57 DBS VICKERS SECURITIES, Jan 19 COAL prices buoyed by extreme winters worldwide, and especially in Northern Europe and China. Prices are expected to stay firm in Q1 2010 and only soften towards H2 2010. Other than the temporary drivers, long-term price outlook also
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      • 534 6  -  Compiled by JAMIE LEE Singapore Exchange Jan 19 close: $8.27 OCBC INVESTMENT RESEARCH, Jan 19 WITH the tapering off of market activities in Q2 FY2010, it came as no surprise that the Singapore Exchange Ltd (SGX) posted a 24 per cent q-o-q or 4 per cent y-o-y drop
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    • 121 6 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 35,050 35,050 82,273 82,273 Manufacturing 425,822 15,496 441,318 236,674 1,006 237,680 Commerce 146,729 12,753 159,482 93,695 2,367 96,062 Tpt/Stor/Comms 144,928 2,290 147,218 204,320 459 204,779 Finance 22,826 55 22,881 127,368 4 127,372 Construction 40,406 9,283
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    • 106 6 Stock name Close Change Stock name Close Change CapitaLand 4.360 +0.080 CapitaMall 1.860 +0.050 CityDev 11.420 -0.080 ComfortDelGro 1.660 +0.010 Cosco Corp 1.360 +0.050 DBS Grp 15.140 F&N 4.490 +0.030 Genting SP 1.280 -0.010 Golden Agri 0.575 -0.005 HK Land 4.740 JMH 31.740 +0.240 JSH 17.980
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    • 548 6  -  STOCKS R SIVANITHY Senior Correspondent EXPECTATIONS of how Wall Street would reopen after a long weekend yesterday drove prices in this part of the world. As always, traders here took their cue from Hong Kong, where the Hang Seng Index underwent a largely
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    • 4 6 DAILY
      DAILY  -  4 words
    • 65 6 Jan 19 VALUE CLOSE BT OB/OS 53.00-287.00 BT CADI -*****.00 -34.00 BT 10-day MA -*****.00 +5.00 FTSE ST Mid Cap 715.91 +1.84 FTSE ST Small Cap 576.95 +0.83 FTSE ST All Share 722.49 +0.53 FTSE ST China Top 298.70 +1.88 FTSE ST China 305.51 +1.14 FTSE ST
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    • 59 6 VOLUME Genting SP 148,917,000 Transcu Grp 96,631,000 Ying Li 75,347,000 Golden Agri 73,906,000 GMG Global 73,627,000 CapitaLand 42,100,000 Sinostar 41,952,000 Oceanus 33,062,000 Uni Envtech 30,792,000 Cosco Corp 30,749,000 VALUE($) Genting SP 192,070,460 CapitaLand 184,804,652 Keppel Corp 52,690,855 Ying Li 48,220,580 Yanlord 48,169,670 SingTel 43,522,460 Golden Agri 42,638,825
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    • 109 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 277.5 1.7 DBXT MSKorea 10US$ 4939 123.5 1.8 DBXT FTVietnam 10US$ 4592 59.7 0.9 GLD 10US$ ***** 55.5 0.4 OCC 5.1% NCPS 100 ***** 50.0 0.5 Lyxor China H 10US$ 1628 47.2 2.1 JMH 3174 33.3 0.8 OCBC Bk 4.5%NCPS 100
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    • 120 6 BY CENTS CLOSE DOWN STXPO 100 1596 -74.0 -4.4 DBXT S&P Short 10US$ 5290 -15.3 -0.2 CityDev.ES.1001 1142 -14.0 -1.2 SGX.ES.1001 829 -13.0 -1.5 JSH 1798 -11.1 -0.4 SGX 827 -9.0 -1.1 CityDev 1142 -8.0 -0.7 Great Eastern 1392 -8.0 -0.6 NOL.ES.1001 184 -7.0 -3.7 OCBC Bk 871 -7.0
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    • 87 6 Jan 19 CHNG YR 2010 CLOSE FR Jan 18 S$ LOW S$ HIGH US$ 1.3889 0.01 1.4044 1.3869 Euro 1.9950 0.13 2.0153 1.9950@ Pounds 2.2797 -0.27 2.2687 2.2242 A$ 1.2914 -0.48 1.2923 1.2617 Yen* 1.5334 -0.37 1.5334# 1.5027 Rupiah* 0.***** 0.07 0.***** 0.***** Baht* 4.2286 0.01
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  • Page 7 Advertisements
    • 2382 7 VOLUNTARY CONDITIONAL CASH OFFER by DBS BANK LTD. (Company Registration No.: *****0306E) (Incorporated in the Republic of Singapore) for and on behalf of INFO GIANT INVESTMENTS LIMITED (Company Registration No.: *****32) (Incorporated in the British Virgin Islands) to acquire all the issued and paid-up ordinary shares in the capital of
      2,382 words
    • 2465 7 7.3 Uncertain Operating Environment and Greater Management Flexibility The China footwear retail industry within which the Company operates is a highly competitive environment. The growth and success of the Company is largely dependent on the Company's ability to develop its brand and merchandise sufficiently well to appeal to the individual
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  • Page 8 Advertisements
    • 510 8 The gardens of NUSAJAYA EAST LEDANG A signature development of NUSAIAVA Malaysia The Wortd In One City -W A h There's a Future for you in Nusajaya. (not to mention a magnificent luxury resort home nestled within seven parks $1 thematic gardens!) Nusajaya is a regional city that will soon
      510 words
    • 85 8 r > V ■A WS It -5 it ~i 0 (D Deep ocean beckons Gifts begin their long journey A new box today What the box brings, is what the ocean brings. That's what goes on our menu, and onto your plate. Japan's freshest, most exquisite unknown awaits you at
      85 words

  • SINGAPORE NEWS
    • 318 9  -  Xin Min Hua expects sales to double; it plans joint manufacturing facility By OH BOON PING HOMEGROWN marine products distributor Xin Min Hua now aims to double its revenue to more than $120 million within five years thanks to a new exclusive
      PHOTO: YEN MENG JIIN  -  318 words
    • 369 9  -  Pressure muted in short term, but commodity, input prices rising By TEH SHI NING SPIRALLING inflation remains a key risk which could threaten the virtuous circle of stellar growth that Asia has entered into, HSBC’s global research team says. Even though the economists expect price
      369 words
    • 223 9 THE National University of Singapore Business School unveiled its new home yesterday. It was witnessed at a soft launch by some alumni from the first BBA class of 1968 as well as the business school’s management advisory board members, including S Dhanabalan, chairman
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    • 394 10  -  Deal involves equity purchase in power unit GMR Energy for US$150m: sources By RONNIE LIM TEMASEK Holdings which recently exited the Singapore power industry by selling the three biggest generating companies here may now be entering the power sector of Asian powerhouse
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    • 518 10  -  It receives more enquiries on luxury property market By EMILYN YAP WHEELOCK Properties (Singapore) is planning to launch the freehold Orchard View at Angullia Park in the first quarter of the year. The news comes as CapitaLand rings in more sales from Urban
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    • 274 10  -  By KEITH CHEE THE Agency for Science, Technology and Research (A*Star) announced yesterday that Low Teck Seng will be appointed executive director of its Science and Engineering Research Council (SERC) from Feb 1, 2010. The role will be carried out on top of his
      FILE PHOTO  -  274 words
    • 405 10  -  By ZEINAB YUSUF SAIWALLA HAVING left Singapore about 10 years ago due to various problems with its former franchisee, Domino’s Pizza chain is back for business in Singapore. Speaking at the grand opening of the brand at its second outlet in Tanjong Katong, Dommal
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    • 232 10 A NEW collaboration between the Agency for Science, Technology and Research’s (A*Star) Institute of High Performance Computing (IHPC) and Fujitsu will see the development of advanced application technologies for the next generation of scientific computing. Petascale computing, as it is known, will provide computing
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  • Page 9 Advertisements
    • 38 9 CONFIDENCE in one's strengths leads to CERTAINTY in one's action. It is with this knowledge that we have proved a reliable SWISS partner in PRIVATE BANKING. Since 1755. J Clariden' \V Leu SWISS PRIVATE BANKING SINCE 1755 www.claridenleu.com
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  • Page 10 Advertisements
    • 1429 10 WATS NOTICES BUY IT-SELL IT-FIND IT Z-OBEE HOLDINGS LIMITED (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of Z-Obee Holdings Limited (the "Company") will be held at 9:30 a.m. on 11 February 2010 at Room 401, Bldg
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  • ECONOMY WATCH
    • 602 11 Technology shares fuel growth stocks’ performance of 37 per cent AP [BOSTON] Growth is in, value is out. And it’s likely to stay that way this year on the US stock markets. Investors who loaded their portfolios with growth stocks were rewarded
      AP  -  602 words
    • 488 11 Reuters [LONDON] Financial market regulators could force companies to stop hedging if they raise the cost of risk management significantly, Europe’s main derivatives industry body said on Monday. Anthony Belchambers, chief executive of the Futures and Options Association (FOA), said he was
      Reuters  -  488 words
    • 268 11 Xinhua [TOKYO] Japanese consumer confidence deteriorated for the second straight month in December, marking a six-month low, a Cabinet Office survey showed yesterday. The monthly survey revealed that consumer confidence was down 1.9 points from November to 37.6 points, the lowest fall since June
      Xinhua  -  268 words
    • 452 11 Measures welcomed but they need to be more substantial Bloomberg [BRUSSELS] European finance chiefs said Greece may have to step up its efforts to tackle a national fiscal crisis that threatens to spread to other countries across the region. “The
      Bloomberg; AP  -  452 words
    • 326 11 Bloomberg [LONDON] The inability of government leaders to agree on stricter pollution controls at meetings in Copenhagen last month is showing up in commodity markets, where it’s getting cheaper to emit greenhouse gasses. The price of permits to emit a
      Bloomberg  -  326 words
  • Page 11 Advertisements
    • 289 11 OFFER!! BUSINESS AND ASSET FOR SALE A) BUSINESS FOR SALE ADVANTAGE: The company is ISO 9001:2001 Certified and have 18 years of working and operation experience, with approved licenses and registration with the oil gas industries and government bodies with current and future contract. Own factory has built-up area of
      289 words
    • 53 11 f. NG AH SIO Bak KutTen Re-opening with a brand new look Ng Ah Sio Bak Kut Teh 20.01.2010 Serving our traditional heritage dish tm vr f r rn r n O ft *T.£ ■M Opening Hours: 7am to 3pm daily (Closed on Mondays) 208 Rangoon Road Singapore *****3 Tel:
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  • MALAYSIA/INDONESIA
    • 470 12  -  Federal Court upholds rulings to pay compensation to farmers By S JAYASANKARAN By in Kuala Lumpur MALAYSIA’S highest tribunal, the Federal Court, yesterday refused leave for the Federal Land Development Authority (Felda) to appeal against a decision by the Court of Appeal and
      470 words
    • 339 12 Prosecutors demand toughest penalty in case against Azhar Reuters [JAKARTA] Indonesian state prosecutors yesterday demanded the death penalty for the former head of the national anti-graft agency and two other men accused of ordering the murder of a wealthy businessman. The case of Antasari Azhar, the
      Reuters; REUTERS  -  339 words
    • 158 12 Reuters [JAKARTA] State oil and gas firm Pertamina plans to build a floating liquefied natural gas (LNG) receiving terminal in East Java with an investment of US$200 million, its president director said on Monday. Indonesia, the world’s third-largest LNG exporter behind
      Reuters  -  158 words
  • Page 12 Advertisements
    • 325 12 WINE DINE AND HOSPITALITY AVV. 5^" THE SWEETEST BEGINNINGS 7m A 5^" Roar into the year of the Tiger with a resounding corporate celebration at Pan Pacific Singapore. With a choice of venues ranging from grand ballrooms to intimate rooms, select from tailored auspicious menus for lunch or dinner and
      325 words

  • GREATER CHINA
    • 843 13 7.8% price rise in Dec, fastest in 18 months; govt trying to curb speculation Bloomberg [HONG KONG] China property sales jumped 75.5 per cent to 4.4 trillion yuan (S$894 billion) last year, led by the eastern cities of Zhejiang and Shanghai, as
      Bloomberg  -  843 words
    • 380 13 Hot money was not the reason: Chinese regulator Reuters [BEIJING] A US$453 billion increase last year in China’s foreign exchange reserves partly reflected currency valuation effects and was not solely due to inflows of speculative funds, China’s currency regulator said yesterday. In a statement
      Reuters  -  380 words
    • 694 13 Bloomberg [BEIJING] “Little” Xie says that he wants to own one of the cars that he helps build at Ford Motor Co’s assembly plant in the Yangtze River city of Chongqing. With his mortgage payment taking about 60 per cent of his 2,000 yuan
      Bloomberg; AP  -  694 words
  • Page 13 Advertisements
    • 16 13 Lianhe Zaobao Neighbourhood CNY bazaars bigger than in previous years For Subscription, call 6388 3838 www.sphsubscription.com.sg
      16 words
    • 239 13 to BOARDROOM CORPORATE ADVISORY SERVICES PTE. LTD. To: Warrantholders and/or Bondholders NOTICE OF CHANGE OF ADDRESS OF BOARDROOM CORPORATE ADVISORY SERVICES PTE. LTD. ACTING AS Warrant Registrar Warrant Agent Conversion and Transfer Agent of Convertible Bonds for the Companies listed below: Warrant Registrar/Warrant Agent Advance SCT Limited Asiatic Group (Holdings)
      239 words
    • 225 13 Quayside SEAFRONT RESORT CONDOMINIUMS SPACE is the ultimate luxury. The largest 1 -bedroom, water-themed tropical resort condominium with a view of the Andaman Sea. Pamper yourself in a large 1,137-square-foot 1-bedroom condominium, complemented with lush, wide tropical open spaces, recreational activities and breathtaking scenery. Discover the epitome of contemporary island
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  • GREATER CHINA/INDIA
    • 542 14 State firms take advantage of 94% rally in benchmark stock index Bloomberg [NEW DELHI] India will sell as much as 250 billion rupees (S$7.6 billion) of shares in state-run companies this fiscal year, more than half the total raised since privatisation efforts began in 1991,
      Bloomberg  -  542 words
    • 345 14 AFP [BEIJING] China yesterday rejected reports that Indian government computers had been attacked by Chinese hackers as “groundless”, one week after US Internet giant Google made a similar accusation. A source in the office of Indian Prime Minister Manmohan Singh confirmed last Friday that there
      AFP  -  345 words
    • 423 14 Reuters [NEW DELHI] India has crafted rules for trading of certificates aimed at rewarding producers of clean energy, a move expected to boost the share of electricity from renewable sources in one of the world’s top carbon polluters. India’s power regulator has laid
      Reuters  -  423 words
    • 1047 14 Governance body highlights weaknesses, investors’ concerns AP [MUMBAI] One year after the founder of Satyam Computer Services made an astonishing confession to the largest fraud in Indian corporate history, many say that what really sets R Ramalinga Raju apart is not
      AP  -  1,047 words
    • 181 14 Reuters [BEIJING] China yesterday reaffirmed that it will maintain “reasonable growth” in credit and money supply, and stick with proactive fiscal policies to expand domestic demand. China would also curb speculative property investment and take steps to deal with inflationary expectations, Premier Wen Jiabao told
      Reuters; REUTERS  -  181 words
  • Page 14 Advertisements

  • MEDICAL TOURISM
    • 630 15 Mainlanders seek cosmetic enhancements as affluence levels rise AFP TAIPEI BEIJING entrepreneur Li Jinxun’s first trip to Taiwan was a lifechanging experience, but not because of the sightseeing. The 46-year-old took advantage of a short trip to the island last month to
      AFP  -  630 words
    • 783 15 AFP [SEOUL] It built its economy on ships, steel and semiconductors, but now South Korea is pushing a new growth engine a major share of the world’s booming medical tourism market. The government’s goal is one million foreign patients a year
      AFP  -  783 words
  • Page 15 Advertisements
    • 3180 15 •EGPiATDR NTEGRATOR INTERNATIONAL LTD. (Company Registration No: *****4281D) (Incorporated in the Republic of Singapore) (the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (the "EGM") of the Company will be held at 4 Leng Kee Road #06-04 SIS Building Singapore *****8 on 12
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  • ASIA-PACIFIC/WORLD
    • 541 16 Eyes on whether scandal will delay enactment of extra budget for economy Reuters [TOKYO] Prosecutors yesterday widened their probe into a funding scandal embroiling the No 2 executive in Japan’s ruling Democratic Party that could threaten the party’s chances of winning
      Reuters  -  541 words
    • 410 16 AP [TOKYO] Japan and the US marked the 50th anniversary of the signing of their security pact yesterday, even as a dispute over plans to move a US Marine base on the southern island of Okinawa strains ties between the two major
      AP  -  410 words
    • Article, Illustration
      51 16 [HONG KONG] Chinese model Mo Wandan (left) and Japanese model Ai Tominaga (right) display the costumes designed by Hong Kong designer Dorian Ho during the Hong Kong Fashion Extravaganza Show of the Hong Kong World Boutique and Hong Kong Fashion Week for Fall/Winter 2010. The event ends tomorrow.
      XINHUA  -  51 words
    • 411 16 Bloomberg [SYDNEY] Australian Prime Minister Kevin Rudd recorded his second-worst voter rating since his election in 2007, a Newspoll opinion survey showed, after failing to pass climate change legislation before last month’s Copenhagen summit. The proportion of people satisfied with Mr Rudd’s performance fell to
      Bloomberg  -  411 words
    • 323 16 Reuters [LONDON] British luxury goods group Burberry smashed third-quarter sales forecasts and predicted annual profit towards the top end of market expectations, adding to evidence the rich are spending again. The 154-year-old maker of upmarket raincoats and handbags also said yesterday it expected
      Reuters; BLOOMBERG  -  323 words
    • 506 16 Reuters [SEOUL] Resource-poor South Korea plans to invest more than US$12 billion in overseas energy and resource assets this year to feed a manufactur-ing-based economy set to be among the first to recover from the global downturn. The amount is nearly double what
      Reuters  -  506 words
    • 515 16 Stocks of Promise, Acom, Aiful fall after regulator’s remarks Bloomberg [TOKYO] Japan’s financial regulator said that lending restrictions on Aiful Corp and other consumer finance companies will take effect in June as planned, damping speculation that stricter rules will be delayed.
      Bloomberg  -  515 words
  • Page 16 Advertisements
    • 99 16 WATS 3 NOTICES NOTICE OF AMENDMENT TO THE CIVIL AVIATION AUTHORITY OF SINGAPORE (CAAS) AIRPORT COMPETITION CODE Notice is hereby given pursuant to section 44(4) of the CAAS Act 2009 of the amendment to the CAAS' Airport Competition Code to incorporate provisions relating to mergers and acquisitions. A set of
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  • WORLD
    • 722 17 Democrats struggle to hold on to late Edward Kennedy’s Massachusetts seat AP [BOSTON] Nearly a year to the day after Barack Obama’s inauguration, Democrats struggled to hold on to the late Edward Kennedy’s Senate seat in a pivotal election that could
      AP  -  722 words
    • 833 17 NYT [TITANYEN, Haiti] A few miles north of the bust-ed-down buildings in Port-au-Prince, up a hillside where cows graze, an empty hole awaits the dead. Rectangular, 20 feet deep and wide, 100 feet long, it is one of the newest mass graves,
      NYT; AFP  -  833 words
    • 436 17 AP [PORT-AU-PRINCE, Haiti] Influential gang leaders who escaped from a heavily damaged prison during the country’s killer earthquake are taking advantage of a void left by police and peacekeepers dedicating their severely diminished forces to aiding survivors. Although threats of gang violence
      AP  -  436 words
    • 565 17 Investors advised to buy Morgan due to diverging outlook Bloomberg [NEW YORK] Goldman Sachs Group, whose record earnings in the first nine months of last year fuelled public outrage, will probably hit a profit plateau in 2010, just as Morgan Stanley rebounds from its worst
      Bloomberg  -  565 words

  • BT-NBS ROUNDTABLE
    • 3214 18 OVERVIEW SOCIAL media is the new buzzword as we enter the new decade. Already it is making huge inroads into the space previously occupied by the mass media and things more traditional. As information technology becomes even more pervasive, social media initially
      3,214 words
  • Page 18 Advertisements

  • Transport HUB
    • 618 19  -  European, US export credit support may not be available for some aircraft types By VEN SREENIVASAN ALTHOUGH the global aviation market is on recovery mode, the industry is facing a potentially dangerous funding gap for aircraft deliveries through 2010. So says Bertrand Grabowski,
      618 words
    • 358 19 Charter rates up for capesize vessels, down for panamax Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, was little changed on Monday as rates rose for the largest class of vessels in the gauge and declined for
      Bloomberg  -  358 words
    • 844 19  -  They have managed to push freight rates back up despite constraints on pricing policy STRAIT TALK By DAVID HUGHES YET again, Asian shippers are up in arms over increases in liner freight rates. This time, the point of contention is an emergency revenue charge (ERC)
      844 words
    • 286 19 SGX '000 Jan 19 S$ +/-Vol CH Offshore 0.72 0.02 ***** Chuan Hup Hldgs 0.34 unch 112 Cosco Corp 1.36 0.05 ***** CWT Ltd 0.84 -0.01 716 Ezra Hldgs 2.52 0.07 4838 First Ship Lease 0.61 0.01 526 Freight Links 0.05 unch 20 Grand Banks 0.43 0.01 3
      286 words
    • TRANSPORT HUB: AVIATION
      • 392 20 Talks fail to secure deal between carrier and union; vote may take about a month Reuters [LONDON] The Unite union will open a strike ballot for BA cabin crew on Jan 25 after talks with the airline failed to secure
        Reuters; AP  -  392 words
      • 194 20 AFP [PARIS] The seven partner countries in the troubled Airbus A400M military transport aircraft programme are set to meet with Airbus executives in Berlin tomorrow, a French defence ministry spokesman told AFP. The seven nations Belgium, Britain, France, Ger- many, Luxembourg, Spain and
        AFP  -  194 words
      • 2946 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1240 SQ456 1245 EY470 2200 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 JL5083 2215 QF82 2215 LH9770 2350 --SQ269 2350 VS7269 2350 Ahmedabad AI7200 0710 NH6293 0710 SQ531 0710 Amsterdam LO4031 0610
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      • 308 20 Bloomberg [LONDON] European Aeronautic Defence Space Co, the owner of Airbus SAS, will freeze its Talarion aerial drone programme should government customers fail to commit by the middle of the year. “We have invested and pre-financed heavily into this project,” Stefan Zoller, the
        Bloomberg  -  308 words
      • 654 20 Falling air traffic, declining orders could upset schedule Reuters [CHICAGO] Boeing Co insists it will not slow production of its hot-selling 737 plane, but some experts say falling global air traffic and declining orders may force the company to do just that.
        Reuters  -  654 words
      • 296 20 Reuters [NEW DELHI] US aircraft manufacturer Boeing Co will supply India’s national airline Air India with its first 787 Dreamliner in 2011, and invest US$100 million in building a unit to maintain it, its India chief said on Monday. Boeing will
        Reuters  -  296 words
    • TRANSPORT HUB: LAND
      • 733 21 A report had said they and partner Changan would end their tie-up by 2012 Re uters [SHANGHAI] Ford Motor Co and Mazda Motor Corp said on Monday they had no plans to dissolve their car-making joint venture in China,
        Reuters; REUTERS  -  733 words
      • 437 21  -  By SAMUEL EE MERCEDES-BENZ is not thrilled that it is now the third most popular parallel import in Singapore but nevertheless, the German luxury make feels it at least displays the strength of its brand power. “It still shows that customers are valuing the brand
        ARTHUR LEE  -  437 words
      • 1023 21 NYT [DETROIT] It wasn’t a particular look or style that dominated the conversations of designers at the 2010 Detroit auto show, and it wasn’t a buzzword like retro or kinetic or flame-surfaced. It was the shadow of a number: 35.5. That number is
        NYT  -  1,023 words
      • 630 21 IHT [PARIS] Renault chief executive Carlos Ghosn sought over the weekend to defuse an employment conflict with the French government, telling President Nicolas Sarkozy that the automaker would split production of its new Clio model between France and Turkey
        IHT  -  630 words
  • Page 19 Advertisements
    • 21 19 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
    • 222 19 2nd Annual Register Now! Break]^ Transportation Conference Exhibition CHARTING THE RECOVERY 26-27 January 2010 Suntec Singapore International Convention and Exhibition Centre, Singapore t 4.v: 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
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  • Page 20 Miscellaneous
    • 327 20 CRYPTIC CROSSWORD Across 1 One was bound to land to the sound of waves breaking (4) 3 Felt a rapport with him at speed bumps (10) 8 Frills made from pieces of four by two (4-4) 9 Officer in charge of sect dealing in the supernatural (6) 10 Which church
      327 words


  • EDITORIAL & OPINION
    • 502 22 EDITORIAL The timing of the annoucement of the proposed 10-year US$90 billion tax on large banks by the Obama administration last week could not have been better: it came just as banks started releasing their financial results for 2009, including their executive compensation
      502 words
    • 775 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator THE challenge thrown down by Google last week seemed unequivocal: Either China accepts uncensored information on Google.cn or the Internet giant will shut down its operations in the
      775 words
    • 1131 22  -  It’s probably a good time to switch from the preceding-year to current-year system By CHESTER WEE ,ANG LEA LEA Chester Wee is an Associate Director and Ang Lea Lea is a Tax Partner at Ernst Young Solutions LLP CASTING the tax
      FILE PHOTO  -  1,131 words
    • 877 23  -  Compensation levels are tied to the nation’s overall wealth, not what each individual bank produces ROBERT SAMUELSON The Washington Post Writers Group WHY does Wall Street make the big bucks? A nation with 10 per cent unemployment is understandably puzzled and outraged when
      The Washington Post Writers Group; REUTERS  -  877 words
    • 1355 23  -  By RACHEL BECK ,STEVENSON JACOBS AP THE fat cats were supposed to get a bit leaner. After Wall Street’s most prominent firms by their own admission helped cause the 2008 financial meltdown and
      AP; TEOH YI CHIE – THE NEW PAPER  -  1,355 words


  • SINGAPORE STOCKS
    • 9008 24 Transaction date: Jan 19 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 17 unch 490 17.5 17 17 17.5 5 0.6 30.9 81.4 10 2.5 5834
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    • 1902 25 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 5 1181 s AA Grp 5 unch 25 5 5 5 5.5 4.8 25 12 8538 t APStrategic 15 unch 4
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    • 9274 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.23/ APS Alpha Fund (USD)!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.73/ Aberdeen Asset Mgt Asia Limited American Opp 0.6613/ Asian Credit Fund 1.2169/ Asian
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    • 440 25 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 $mil 111 107 6389 ABF SG Bond ETF 108.5 108.5 110 495.3 846 427 CIMBAsean40 100US$ US840 +2 170 840 839 839 842 33.6 298
      440 words
    • 78 25 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 $mil 56 20 6000 AVJennings A51 -0.5 5 51 51 49 51 3.6 6.9 4.1 132.8 31 6 6017 Genting HK US$ US24.5 -0.5 1874
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  • FINANCE & COMMODITIES
    • 366 26 In local curr In S$ In US$ dy yr dy yr dy yr Jan 18 Index Change Change Change Change Change Change World Index Preliminary 847.8 0.1 25.1 0.0 25.5 0.2 30.2 EAFE Preliminary 800.6 0.2 23.3 0.2 27.2 0.4 32.0 Europe Preliminary 1137.4 0.5
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    • 199 26 Jan 19 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 10 322.0 133.0 322.0 20 601 Mar 10 320.4 133.0 319.0 0 566 Apr 10 292.3 162.5 320.5 0 470 May 10 305.0 213.5 322.0 0 606 Jun
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    • 86 26 Jan 19 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 22.04.2010 0.50 1-Year BY*****N 01.11.2010 0.51 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****H 3.625 01.07.2011 104.43 5-Year N*****0N 1.375 01.10.2014 100.37 100.35 100.35 7-Year N*****0S
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    • 134 26 Jan 19 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2730 1.3110 Can dollar 1.3440 1.3610 Euro 1.9860 2.0090 NZ dollar 1.0180 1.0410 Sterling pound 2.2590 2.2850 US dollar 1.3790 1.3950 Local dollars to 100 units of foreign
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    • 177 26 Jan 19 $S Offer Bid Overnight 1/8 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 3/16 US$ 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 0.50 0.40 9 months 0.90 0.60 12
      177 words
    • 2358 26 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 3.5 1 15 23 4.29 52 2036 Advance SCT W*****9 0.5 1 87 1650 10.00 7 8756 Asiatic Grp W*****2 10 unch 11 1 3 -7
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    • 73 26 Jan 19 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 10 2483 2470 2494 2450 201 3621 Mar 10 2503 2483 2503 2465 3317 ***** Apr 10 2509 2490 2512 2475 ***** ***** May 10 2510 2499
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    • 27 26 Jan 19 Open High Sett STI Jan 2912 SIMSCI Jan 348.6 349.8 348.1 Taiwan Jan 300.3 301.3 296.0 Source: MF Global (S) Pte. Ltd
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    • 88 26 Jan 19 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 22 26 Jan 19 S$ Bid Offer 1-month 1.3879 1.3890 2-months 1.3883 1.3893 3-months 1.3885 1.3896 6-months 1.3893 1.3904 Source: OCBC
      22 words
    • 6546 27 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 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 NOL/CDN *Loads E./W. Malaysia,
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    • 347 26 Jan 19 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7150 0 ***** Jun10 99.5700 0 7649 Sep10 99.2700 0 2912 Dec10 98.8950 0 1844 EUROYEN TIBOR FUTURES Mar10 99.5750 99.5750 99.5750 99.5750 24 4370 Jun10 99.6150 0 1709 Sep10 99.6350 0 1666 Dec10 99.6200 0
      347 words
    • 465 26 Jan 19 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.950 6.319 0.643 7.187 42.186 85.484 0.839 10.436 3.089 1.251 78.366 42.436 1.285 6.842 0.948 29.426 30.357 0.564 0.926 Canada 1.053 6.651
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    • 148 26 Jan 19 GOLD (US$/oz) Jan 18 Jan 19 Hong Kong 1133.20 1136.20 Jan 18 Jan 15 London 1134.35 1132.65 1135.35 1133.65 Source: Thomson Reuters Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jan 19 (S$) Selling Buying Kilobar "54,498.31" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 121.98
      148 words
    • 156 26 Jan 19 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2842 1.2856 0.9255 0.9258 Canadian dollar 1.3518 1.3530 0.9742 0.9744 Euro 1.9977 1.9997 1.4397 1.4401 NZ dollar 1.0264 1.0278 0.7397 0.7402 Sterling pound 2.2779 2.2798
      156 words
    • 69 26 Jan 18 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2273.75 2276.75 3 months 2303.50 2306.00 Copper, Grade A (US$/tonne) Cash 7474.25 7402.75 3 months 7500.00 7430.00 Lead (US$/tonne) Cash 2443.75 2412.00 3 months 2465.00 2435.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 109 26 Jan 15 Jan 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 974.00 984.00 988.75 971.75 May 10 980.25 990.75 995.00 978.00 Jul 10 984.50 996.00 1000.00 982.50 Aug 10 978.00 989.75 989.75 977.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 37.53
      109 words
    • 75 26 Jan 18 COCOA (£/tonne) Close Prev High/Low Mar 10 2290 2305 2301/2285 May 10 2291 2306 2303/2288 Jul 10 2266 2284 2278/2265 Sep 10 2240 2255 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1331 1336 Mar 10 1376 1375 1380/1364 May 10 1406 1404 1408/1395 SUGAR (US tonne) White
      75 words
    • 77 26 CRUDE OIL PRODUCTS Jan 18 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.15 -0.47 WTI (Near Mth) 78.25 0.25 Dubai (1-Mth F) 77.11 -0.34 Tapis blend 80.30 -0.45 Minas 79.70 -0.70 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.13 unch Jet Kerosene 85.55 unch US$/barrel Opec Oil
      77 words
  • Page 26 Advertisements
    • 111 26 I Always guaranteed market prices, always PureDeal, now with DMA Discover PureDMA PureDeal with Direct Market Access Market depth access Trade inside the market spread Free to active clients Guaranteed market prices as always with IG Markets Find all you need to get started at igmarkets.com.sg CFD trading can result
      111 words

  • Page 27 Advertisements

  • Page 28 Advertisements
    • 48 28 Experienced sh/p maintenance services wanted. Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 5HIPPING Legal services required by shippers owners Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WOIMG AT 9620 1327 SHIPPING TIMES
      48 words

  • Page 29 Advertisements
    • 109 29 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg. MATS NOTICES XBRL Reporting from $180* www.xbrl-filing.com.sg Whether you are looking for real value or speed, you can now have your XBRL report for as low as $180* or
      109 words
    • 355 29 Saw Centre Quantitative Finance Institute of South east Asian Studies Conference on Managing Economic Crisis In South east Asia 29 January 2010 8:30am 5:00pm NUSS Kent Ridge Guild House The East Asian Institute (EAI) and the Saw Centre for Quantitative Finance (SCQF) at the National University of Singapore jointly organised
      355 words
  • executive Money
    • EXECUTIVE MONEY
      • 997 29 The low rate of return in money market funds is part of the continuing financial crisis fallout NYT [NEW YORK] MONEY market funds are paying investors next to nothing. More precisely, the 100 biggest funds are now paying 0.05 per cent annually, on average, a
        NYT; AFP  -  997 words
      • 1315 29  - The Family Office an icon of family longevity JUNE LEE The writer is head of Family Governance, UBS Wealth Management THE financial turbulence of the last 24 months has laid bare the exposures wealthy families face with respect to the management of their wealth. In many cases, family leaders have
        1,315 words
    • 867 30  -  Fund managers say stocks and fixed income headed for double-digit returns, but beware policy tightening by central banks, reports GENEVIEVE CUA GENEVIEVE CUA EMERGING market equities and fixed income are expected to post double-digit returns in the “teens” this year, say fund managers at HSBC
      Sources: Factset, I/B/E/S Estimates, Bloomberg  -  867 words
    • 521 30 ASIA’s economic recovery suggests that private wealth creation is on track and private bank assets could grow between 15 and 20 per cent this year, says Citi Private Bank chief executive Aamir Rahim. “GDP growth in Asia last year averaged around 8
      521 words

  • Page 30 Advertisements
    • 229 30 THE FAMILY OFFICE How financial turbulence has affected the management of wealth Page 29 Opinion 27 SAXO CAPITAL MARKETS A TRADER'S BEST CALL The four most dangerous words in investing are still 'THIS TIME IT'S DIFFERENT' What's your position? As a serious trader, you question everything to see what works
      229 words