The Business Times, 3 April 2010

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Microfilm: NL30641
Total Pages: 39
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    18 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg APRIL 3 4, 2010 S$1.00 MICA(P) 124/08/2009 Sf!l A SINGAPORE PRESS HOLDINGS PUBLICATION
    18 words
  • Article, Illustration
    Lock icon S’pore philanthropists turn more hands-on
    882 1  -  They use their professional skills and even visit projects abroad for a first-hand look By Teh Shi Ning tshining@sph.com.sg Singapore A GROWING number of well-heeled Singaporeans are now going beyond chequebook philanthropy for a more hands-on approach to the development work they are pouring money
    882 words
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      226 1 the business times www.businesstimes.com.sg APRIL 3 4, 2010 S$1.00 MICA (P) 124/08/2009 STYLE Japan Fashion Week L10-11 PERSPECTIVE Compelling look at financial crisis 22-23 the raffles conversation SHIRO KONDO, CHIEF EXECUTIVE OF RICOH 8-9 ipo watch Market making small recovery TOTAL amount raised from six initial public offers in the
      226 words
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  • TOP STORIES
    • Article
      Lock icon IPO market makes small moves towards recovery
      510 2  -  Q1 sees $522 million raised from six offerings, all listed on the mainboard By Jamie Lee leejamie@sph.com.sg Singapore THE initial public offering (IPO) market in Singapore has taken some baby steps towards recovery. The total amount raised from six IPOs in the first
      510 words
    • Article
      Lock icon Private sector hiring boosts March payrolls
      411 2 latest us data| Reuters Washington US NON-FARM payrolls, a key measure of the economy’s health, rose in March for only the third time since recession struck in late 2007 as the private sector stepped up hiring at the fastest pace in almost three years.
      Reuters  -  411 words
    • Article
      Lock icon Public + private = property prices
      567 3  - Public private property prices Call for laissez faire approach by govt to property market is disingenuous commentary| By Arthur Sim simska@sph.com.sg WITH both public and private property prices continuing to rise in tandem, developer Simon Cheong’s call last week for private property prices to remain unfettered by government intervention seems
      567 words
    • Article
      Lock icon US won’t label China currency manipulator ‘until after Hu’s visit’
      424 3 Reuters New York THE Obama administration will defer a decision on whether to name China a currency manipulator until well after President Hu Jintao visits Washington for a nuclear proliferation summit, The New York Times reported yesterday. The paper, citing
      Reuters  -  424 words
    • Article, Illustration
      Lock icon Sands’ Macau links may come under scrutiny
      625 4  -  Partner’s role in murder-for-hire case may affect its S’pore casino licence By Arthur Sim simska@sph.com.sg Singapore AN INVESTIGATION in Macau has revealed that a local partner of Las Vegas Sands (LVS) could have links with triads. This could have implications for Marina Bay
      REUTERS  -  625 words
    • Article
      Lock icon Illinois launching MGM Mirage probe
      424 4 Michigan, Mississippi also reviewing casino group but not Nevada Reuters Los Angeles MGM MIRAGE will be investigated by the Illinois Gaming Board, after the state of New Jersey found that the casinocompany’sMacau partner has links to Chinese organised crime. General counsel Michael Fries said on
      Reuters  -  424 words
    • Article, Illustration
      Lock icon Savvy deal-maker takes experience to Dubai
      739 5  -  Stanchart’s VShankar hopes to return to S’pore every six to eight weeks after he moves to the emirate in June By Conrad Tan conradt@sph.com.sg Singapore WHEN V Shankar moves to Dubai in the middle of this year as Standard Chartered Bank’s new chief executive
      ARTHUR LEE  -  739 words
    • Article, Illustration
      Lock icon Most HR people stuck in admin work: survey
      472 6  -  Few play key roles as strategic biz partners and change agents By Chuang Peck Ming peckming@sph.com.sg Singapore Singapore MOST human resource practitioners in Singapore are still bogged down with mundane administrative chores when they should be playing key roles as strategic business
      Source: SHRI  -  472 words
    • Article, Illustration
      Lock icon Woods’ sponsors set to ride on his return
      594 6 Golfsmith and Upper Deck Co say that Woods’ scandal that erupted in late November didn’t dampen demand for his products. AP New York SPONSORS who stuck by Tiger Woods are ramping up to profit from his return to the golf course. Upper
      AP  -  594 words
  • Page 2 Advertisements
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      39 2 GOOD CLASS BUNGALOW LAND FOR REBUILD NASSIM ROAD •Land Size ***** sqft 35m Frontage Rectangular Flat Land •Cul-de-sac Face Greenery Orchard View Quiet Serene •Priced to Sell South/East Facing KH TAN 9456-7348 Newsman Realty Pte Ltd Sole Marketing Agent
      39 words
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  • Page 3 Advertisements
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      59 3 Easter Sunday eggs-travaganza Checkers Brasserie *4 April, 12pm 3pm Feast on roasted baby lamb, fresh oysters and lobsters and Easter novelties while kids have fun with the Pinata, DIY egg sculptures and Easter Bunny this festivity. From $95 per adult (with one glass of champagne) $30 per child (with free
      59 words
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  • Page 4 Advertisements
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      164 4 #umm R r^r g r Top anri UP:$2299 Now $1299 7! UP:$1499 $899 Now zuza Now UP:$1999 $899 UP:$799 Now ■^'09 ami Open: 83 x 180 x 87cm UP:$399 Now $699 UP $299 $499 Now Close: 38 x 180 x 108cm Ubi/Eunos 175 Ubi Avenue 4 C7A1 7T1 7 Open
      164 words
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  • Page 5 Miscellaneous
    • Miscellaneous
      Lock icon Page 5 Miscellaneous Column 1
      61 5 SINGAPORE -SWEEPTOTAL PRIZES $6,290,000 $2,200,000 $550,000 $1,000,000 1st PRIZE SUPER SWEEP SNOWBALLED TO HTTH 5D CASCADE PRIZES (100 prizes of $10,000 each) 0 a? JS?"* iSoAPORE "M010 -SWEEP A. ISM** 04/2010 l^335Q940| April 20U) JlKn* J 01 7 APRIL 2010 (WEDNESDAY) p [_ayA Always play with care. Do not bet
      61 words
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  • Page 6 Advertisements
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      176 6 [SATS 3 NOTICES DANEHILL CAPITAL LTD (In voluntary liquidation) NOTICE is hereby given pursuant to Section 204, subsection (b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The voluntary liquidation commenced on 02 nd March 2010. The Liquidator is Lee John Osborne of Palm
      176 words
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK | March 29-April 2, 2010
      • Article
        Lock icon Banks count on mass affluent customers
        30 7 BANKS are reaping rich rewards from their so-called “mass affluent” customers, who comprise mainly business people, professionals and senior executives and are internationally mobile.
        30 words
      • Article
        Lock icon Thai PM holds talks with protesters
        41 7 IN a dramatic turnaround, Thai Prime Minister Abhisit Vejjajiva met anti-government protest leaders face-to-face on Sunday in what has been described as the start of landmark talks aimed at defusing growing tensions in the country.
        41 words
      • Article
        Lock icon Investment boost seen for electronics this year: EDB
        37 7 SINGAPORE’S vital electronics sector is back in growth mode and companies are expected to make significant investments in manufacturing activities this year, according to the Singapore Economic Development Board.
        37 words
      • Article
        Lock icon New home price index makes a light splash
        60 7 PRICES of non-landed private homes held steady in February, a new index set up to track residential property prices here shows. The Singapore Residential Price Index, or SRPI, showed that private home prices across the island rose just 0.2 per cent month-on-month
        60 words
      • Article
        Lock icon Da Vinci MD accused of ‘bait and switch’ ruse
        72 7 DA Vinci Holdings managing direc- tor Raymond Phua yesterday admitted lying in an application to Spring Singapore for a government grant for another firm of his. Both Mr Phua and Da Vinci Holdings, an award-winning SME that retails high-end furniture and
        72 words
      • Article
        Lock icon Sea change for M’sian affirmative action
        67 7 MALAYSIA will revise a 39-year-old affirmative action policy favouring its majority Malays to one that is needs-based and focused on alleviating poverty among the bottom 40 per cent of households without considerations of race. “We must recognise that some policies, which served a purpose
        67 words
      • Article
        Lock icon Used car dealers may hold key to future COEs
        69 7 NEW car distributors fear they are now at the mercy of used car dealers, who will be able to influence the number of new certificates of entitlement by hanging on to their stocks. If fewer vehicles are deregistered during one half
        69 words
      • Article
        Lock icon Wary auditors qualifying opinions on firms
        39 7 CELESTIAL Nutrifoods and Rickmers Maritime are among those that received qualified audit opin- ions, while “going concern” red flags have also been raised at several other listed companies including Sunmoon and Ocean International.
        39 words
      • Article, Illustration
        Lock icon IT'S TOO UNUSUAL
        19 7 Tom Jones cancels his Singapore show for the second time on Thursday on doctor’s orders AFP
        AFP  -  19 words
      • Article
        Lock icon ST Aero beats 10 rivals to clinch US$750m deal
        48 7 ST Aerospace, the world’s largest independent maintenance, repair and overhaul player, has clinched one of its largest engine maintenance contracts ever. The ST Engineering company bagged a US$750 million engine maintenance contract with Jet Airways, India’s leading private carrier.
        48 words
      • Article
        Lock icon Red Shirts vow ‘biggest ever’ rally this weekend
        47 7 WITHThailand’s New Yearcelebrations just 11 days away, anti-gov-ernment protesters have vowed that this weekend’s rallies would be the “biggest ever” as they turn up the heat on Prime Minister Ab- hisit Vejjajiva to dissolve Parliament before the holidays begin.
        47 words
      • Article
        Lock icon Don’t front-run, SGX warns brokers
        20 7 THE Singapore Exchange has warned brokers against profiting from inside information of pending customer orders.
        20 words
      • Article
        Lock icon Property prices rise, with a hint of unease
        36 7 PRICES of private homes as well as public housing resale flats registered smaller quarter-on-quarter increases in the first quarter compared with Q4 last year, government flash estimates show.
        36 words
      • Article
        Lock icon Tom Jones cancels show again
        37 7 LESS than five hours before the start of his rescheduled concert on Thursday, veteran Welsh singer Tom Jones cancelled his Singapore date once again after his doctors ordered him not to perform.
        37 words
    • NEXT WEEK | April 5-9, 2010
      • Article
        Lock icon US DATA
        25 7 April 5 March ISM Services Feb Pending home sales April 7 Crude inventories Feb Consumer credit April 8 Initial job claims Wholesale inventories
        25 words
      • Article
        Lock icon SINGAPORE DATA
        7 7 April 7 March International Reserves
        7 words
      • Article
        Lock icon EVENTS
        57 7 April 6 SYDNEY RBA board meeting; interest rate decision at 0430GMT WASHINGTON Fed issues minutes of March 16 meeting April 7 TOKYO BOJ monetary policy meeting April 8 TOKYO BOJ publishes monthly report at 0500GMT LONDON BOE Monetary Policy Committee announces interest rate decision at 1100GMT FRANKFURT ECB Governing
        57 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      325 7 CRYPTIC CROSSWORD Across 1 Sign up ace goal maker, an ex-England player (4,9) 10 Still a variety of sausage (7) 11 Leaves to dress for dinner (7) 12 Israeli port area (4) 13 Swift and quiet in attack (5) 14 Once put down, it can be served (4) 17 Arrange
      325 words
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 2
      22 7 SATURDAY with Ludwig ‘You can also read newspapers on the new iPad, but never sell it to the karang guni man afterwards...’
      22 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon History of innovation
      1683 8/9  -  What next for a 74-year-old Japanese office automation giant that wants to conquer the world? Ricoh CEO Shiro Kondo shares the company’s next steps. By Ong Boon Kiat By Ong Boon Kiat boonkiat@sph.com.sg CONSIDER Shiro Kondo the 60-year-old chief executive of Ricoh Company, the world’s largest copier
      ARTHUR LEE  -  1,683 words
  • Page 8/9 Advertisements
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      73 8/9 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean are rated among
      73 words
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  • COMPANIES
    • Article, Illustration
      Lock icon On the path to greatness
      1718 10  -  Cerebos CEO Eiji Koike wants to transform the company from being merely ‘good’ to ‘great’ By Suki Lor btnews@sph.com.sg Singapore TURNING around a loss-making business may daunt a lesser CEO, but not Cerebos Pacific president and chief executive Eiji Koike. “I love challenges,” said the
      ARTHUR LEE  -  1,718 words
    • Article
      Lock icon Ban Joo buys telecoms firm, sells $16m of receivables
      510 11  -  Venture into Indonesia market may mean exit from SGX watch-list By Ven Sreenivasan ven@sph.com.sg Singapore IN what could be a ticket out of the Singapore Exchange’s watch-list, Ban Joo Company has bought an Indonesian telecommunications business and offloaded some $16.2 million
      510 words
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  • Page 11 Advertisements
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      864 11 HAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KIAN CHIANG GRANITE QUARRY COMPANY (PTE.) LIMITED (In Member's Voluntary Liquidation) Co. Reg. No. *****0394D NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the member of Kian Chiang Granite Quarry Company (Pte.) Limited
      864 words
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      Lock icon Page 11 Advertisements Column 2
      1478 11 Reyoung Pharmaceutical Holdings Limited (incorporated in Bermuda on 26 October 2004) Registration No.: ***** Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of REYOUNG PHARMACEUTICAL HOLDINGS LIMITED (the "Company") will be held at Meeting Room 207, Level 2, Suntec Singapore International Convention Exhibition Centre,
      1,478 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Water sustainability concerns us all
      1153 12  -  Private and public organisations must leverage technology towards the goal of achieving water self-sufficiency from the desk of Bijoy Mohan President, Asia-Pacific grohe MARCH 22 was International World Water Day. This annual event was designated by the United Nations General Assembly (UN) to highlight the
      1,153 words
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  • SINGAPORE
    • Article, Illustration
      Lock icon Promoting Tajikistan beyond football
      559 13  -  High-level delegation, led by President Rahmon, makes its way to Brunei after 5-day stop here By Lee U-Wen leeuwen@sph.com.sg BEFORE this week, not too many people in Singapore except perhaps some hardcore local football fans would have known much about the resource-rich country of Tajikistan. Its
      AP  -  559 words
    • Article
      Lock icon SIMTech, Linkoping collaborate for green technologies
      262 14  -  Focus on re-manufacturing, clean production and industrial symbiosis By Glenn Chee gchee@sph.com.sg THE Singapore Institute of Manufacturing Technology (SIMTech) will collaborate with Sweden’s Linkoping University to research environmental technologies. The focus will be on three areas: re-manufacturing, clean production processes, and industrial symbiosis. The
      262 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      170 13 -m- .v hotel nikko kuala lumpur SUCCESSFUL MEETINGS The first step towards successful meetings is to strike a MEETING DEAL with Hotel Nikko Kuala Lumpur. Check out the All-Day-Meeting packages available. Priced from RM150.00++ (approx. SGD61.00++) per person, Hotel Nikko Kuala Lumpur's MEETING PLANS come with full meeting enhancement support
      170 words
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  • Page 14 Advertisements
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      163 14 FOR SALE LONDON BUYING PROPERTY IS EASIER THAN YOU THINK ks vx r i* iw m rllk kr RBaamiR I. blK U:f| ■a fWW ,<$ I fcsU tsE Hi 1 m i I I in 1 stnfc »M Rcf. EAS1/106/01/FUL DFVFlOPMFNl COMPIFTFD Rcf.APP/rf>720/A/07/20f>7440 Interested in investing in the London property
      163 words
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      Lock icon Page 14 Advertisements Column 2
      38 14 GOOD CLASS BUNGALOW CHATSWORTH FOR SALE I Land ***** sq ft 1 Build-up 9000 sq ft 1 Charming colonial design 1 Nice frontage 1 Beautiful interior 'Almost new 1 Attractive price K H Tan *****348 Newsman Sole Agent
      38 words
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  • WORLD
    • Article, Illustration
      Lock icon PBOC sees new asset bubbles emerging
      449 15 Risk of them bursting if asset price gains aren’t supported by macroeconomic fundamentals, warns China’s central bank Bloomberg Beijing CHINA’s central bank says asset bubbles emerging in parts of the world and in certain industries may burst unless supported by real economic recovery. Rapid
      Bloomberg; AP  -  449 words
    • Article
      Lock icon French food firms intensify curbs on palm oil use
      642 15 Reuters Paris FRENCH firms have stepped up restrictions on the use of palm oil, decrying it for being linked to deforestation in Asia. While the move may boost demand for local oils, some have warned it could raise new food and
      Reuters  -  642 words
    • Article
      Lock icon Beijing to banks: Rely on HK to raise funds
      172 16 Reuters Beijing CHINA’S Cabinet has approved major banks’ requests to raise additional capital in 2010 and encouraged them to rely more on the Hong Kong market for fundraising, the National Business Daily reported yesterday. The State Council also urged China’s four
      Reuters  -  172 words
    • Article
      Lock icon Chinese exporters to suffer huge profit losses if yuan gains
      303 16 Makers of household appliances, vehicles and cell phones expected to see the biggest impact: report Bloomberg Beijing CHINESE exporters, especially the manufacturers of household appliances, vehicles and cell phones, may suffer the most if their country’s currency were allowed to
      Bloomberg  -  303 words
    • Article
      Lock icon Japan unrealised forex loss at 24t yen: report
      110 16 Reuters Tokyo JAPAN suffered record unrealised losses of over 24 trillion yen (S$357 billion) on its foreign exchange reserves in the just-ended financial year due to the yen’s sharp rise, the Nikkei business daily said on Friday. The losses are a setback
      Reuters  -  110 words
    • Article
      Lock icon Hedge fund managers get fat payouts
      565 17 They rode the 2009 stock market rally to record gains, with the highest paid 25 earning a collective US$25.3 billion: survey NYT Reuters New York THE sharp recovery of the nation’s big banks did not benefit just the bankers it also created huge paydays
      NYT; Reuters  -  565 words
    • Article, Illustration
      Lock icon Morgan Stanley CEO James Gorman paid like Goldman’s Lloyd Blankfein
      430 17 Reuters Bloomberg New York MORGAN Stanley’s chief executive James Gorman will get a compensation package that could be worth about US$9.3 million for 2009, putting his pay on par with Goldman Sachs Group’s CEO Lloyd Blankfein. Mr Gorman, who was
      Reuters; Bloomberg; FILE PHOTO  -  430 words
    • Article
      Lock icon Indian expats send home more dollars despite crisis
      210 17 AFP New Delhi REMITTANCES to India surged last year though the global financial crisis was expected to affect the migrant labour’s income. The 2009 figure of US$55.06 billion was up 7 per cent from US$51.6 billion in 2008, The Economic Times said,
      AFP  -  210 words
    • Article
      Lock icon Apple’s Asian suppliers work furiously
      554 18 Staying under the radar, these component makers add workers by the hundred for extra shifts to meet double the forecast demand AFP Taipei THE fevered buildup to today’s iPad launch has demonstrated the brute efficiency of the lit-tle-known Asian suppliers responsible for turning Apple’s design
      AFP  -  554 words
    • Article, Illustration
      Lock icon Ed Roberts – PC pioneer who inspired Bill Gates – dies, aged 68
      416 18 Ed Roberts PC pioneer who inspired Bill Gates dies, aged 68 AP Atlanta HENRY Edward Roberts, a developer of an early personal computer (PC) that inspired Bill Gates to found Microsoft, died on Thursday in Georgia. He was 68. Dr Roberts, whose build-it-yourself kit concentrated thousands of dollars worth of
      AP  -  416 words
    • Article, Illustration
      Lock icon Discounts boost US car sales
      577 19 Increase of 24% in March the best showing since August last year Reuters Detroit US AUTO sales jumped to a sev-en-month high in March led by a 41 per cent surge at Toyota Motor Corp after the Japanese automaker offered the steepest discounts in its
      Reuters; AFP  -  577 words
    • Article
      Lock icon GM sales in China hit record
      240 19 Bloomberg Shanghai GENERAL Motors Co, the biggest overseas automaker in China, posted a 68 per cent rise in March sales in the world’s biggest vehicle market as government stimulus measures encouraged car-buy-ing. GM sales for the month rose to a record 230,048 units, outpacing
      Bloomberg  -  240 words
    • Article
      Lock icon Commission inquiry said to prompt departure at Amazon
      349 19 NYT San Francisco LAST month, John Doerr, one of America’s most celebrated venture capitalists, announced that he would step down from the board of Amazon, a company that he helped to finance and build. At the time, Amazon said Mr Doerr “has
      NYT  -  349 words
    • Article
      Lock icon Lawsuit against Moody’s, S&P dismissed
      547 20 Ruling may impact other cases, lawyers say; some claims against banks also thrown out Reuters New York A MANHATTAN federal judge threw out a class-action lawsuit accusingMoody’sInvestorsService and Standard Poor’s of defrauding investors about the safety of US$63.4 billion of mortgage debt. US District Judge
      Reuters  -  547 words
    • Article, Illustration
      Lock icon Few whistleblowers benefit from SEC bounties
      456 20 AP Washington THE Securities and Exchange Commission (SEC) has had a bounty programme for two decades to reward outside whistleblowers. But it has made few payments and must be proved,theagency’swatchdog says. A report released on Thursday by SEC inspec-tor-general David Kotz examines the bounty
      AP; REUTERS  -  456 words
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  • Page 16 Advertisements
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      71 16 ZS'M SS TIMES "Some... necessities 1 kad 'to„ luxuries!' 'l4S2f! jt i ill !!l i! If p EB-HEIDSIEC» For a limited period only, new home subscribers to The Business Times for a year will enjoy the opulence of having your bottle of champagne coupled with a pair of champagne flutes
      71 words
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  • MARKETS
    • Article, Illustration
      Lock icon STOCK MARKETS
      98 21 YTD change:+1.57% 52-week high: 2,947.08 onJan11,2010 52-week low: 1,689.87 on April 1,2009 (Chart shows Thursday’s index closing) Source: Bloomberg YTD change:-1.53% 52-week high: 23,099.50 on Nov 18,2009 52-week low: 13,411.70 on April 1,2009 (Chart shows Thursday’s index closing) Source: Bloomberg YTD change: -3.64% 52-week high: 3,478.01 on Aug
      Source: Bloomberg  -  98 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      365 21 In local curr In S$ In US$ dy yr dy yr dy yr Apr 1 Index Change Change Change Change Change Change World Index Preliminary 875.1 0.9 5.1 0.9 3.3 1.0 3.8 ‡EAFE Preliminary 821.7 1.0 4.7 1.1 0.9 1.2 1.4 Europe Preliminary 1171.9 1.2
      365 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 21 Apr 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2838 1.2859 0.9185 0.9187 Canadian dollar 1.3818 1.3845 0.9886 0.9891 Euro 1.8870 1.8902 1.3501 1.3504 NZ dollar 0.9875 0.9892 0.7065 0.7067 Sterling pound 2.1280 2.1319 1.5225 1.5231
      154 words
    • Article
      Lock icon LIFFE
      77 21 Apr 1 COCOA (£/tonne) Close Prev High/Low May 10 2251 2255 2273/2242 Jul 10 2266 2273 2289/2260 Sep 10 2226 2229 2247/2226 Dec 10 2186 2189 2204/2185 COFFEE (US$/tonne) Close Pev High/Low May 10 1356 1356 1372/1353 Jul 10 1389 1388 1405/1387 Sep 10 1424 1388 1439/1422 SUGAR (US
      77 words
    • Article
      Lock icon CHICAGO BOT
      105 21 Apr 1 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 10 942.00 941.00 947.00 932.50 Jul 10 951.25 950.00 956.00 941.50 Aug 10 946.25 943.75 948.50 936.50 Sep 10 932.75 926.00 930.50 921.25 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low May 10 38.98 38.31 38.99
      105 words
    • Article
      Lock icon PALM OIL
      64 21 Apr 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2594 2605 2607 2593 205 3858 May 10 2574 2571 2580 2564 734 ***** Jun 10 2560 2559 2569 2550 4092 ***** Jul 10 2549 2546
      64 words
    • Article
      Lock icon OIL
      75 21 Apr 1 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 83.66 1.92 WTI (Near Mth) 85.07 1.54 Dubai (1-Mth F) 81.51 1.98 Tapis blend 86.25 1.55 Minas 85.05 1.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.40 -0.05 Jet Kerosene 90.65 1.05 US$/barrel Opec Oil Basket Price
      75 words
    • Article
      Lock icon METALS
      73 21 Apr 1 GOLD (US$/oz) Apr 01 Apr 01 Hong Kong 1115.*****5.30 Apr 01 Mar 31 London 1124.*****2.75 1125.*****3.55 Source: Thomson Reuters Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 24.61 24.38 Source: UOB PLATINUM Lon (US$/oz) Apr 01 Close Previous PM Fix 1660.*****5.00 AM Fix 1659.*****1.00 Source: Thomson
      73 words
    • Article
      Lock icon LONDON METALS
      71 21 Apr 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2322.65 2293.50 3 months 2352.00 2323.00 Copper, Grade A (US$/tonne) Cash 7855.00 7759.25 3 months 7885.00 7790.00 Lead (US$/tonne) Cash 2182.25 2119.25 3 months 2210.00 2147.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Compelling look at the financial crisis
      1166 22 / 23  -  ‘Nowhere to Hide’ gives a short introduction to the main causes of the crisis, and can also be a rewarding read for more advanced readers. By Donald Low By Donald Low The reviewer is a vice-president of the Economic Society of Singapore SINCE the
      YEN MENG JIIN; AFP  -  1,166 words
    • Article, Illustration
      Lock icon Japan sets sights on huge, overlooked emerging markets
      841 22 / 23  -  Anthony Rowley Tokyo correspondent WHEN recession struck in the wake of the Lehman shock, I began commenting in this paper on how the global economy had become rather like an “inverted pyramid” standing on a narrow and unstable apex of credit-financed consumption
      841 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Frontier markets outpace BRICs
        1155 24 / 25  -  The smallest developing markets show a lot of promise, say fund managers, as they haven’t been fully discovered, are very interesting and quite attractively priced. By Shiyin Chen and Michael Patterson By Shiyin Chen,Michael Patterson Bloomberg STOCKS in the smallest developing markets are beating their larger
        Bloomberg; AFP PHOTOS  -  1,155 words
      • Article
        Lock icon Citigroup revamps trading strategies, technology
        840 24 / 25 Firm wants share of US equities to grow to 20% Bloomberg New York CITIGROUP Inc is overhauling its platform of trading strategies in an attempt to grow its share of US equities from 14 per cent, according to Young Kang, global head of algorithmic products
        Bloomberg  -  840 words
    • WEALTH REAL ESTATE
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      77 28 'A I W I s X <• k rrs& FfsSi (m t \\\m/// m M K as 29 5£ S? s2> ■II Sir M USD 1. 15 x /1 ,i« AUDEMARSPIGUET I SR »a M ©SSSSfeS®?* V V€ 0 r-A A.O v WB \k MR J?*. V ::v f-- >
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      46 1 LivingTHEBUSINESSTIMESWEEKEND|APRIL3-*****BTTHE BUSINESS TIMES WEEKEND APRIL 3-4 2010 DINING Palate pleasers L6-8 SERENITY NOW Explore magical ryokans in Japan L2-5 STYLE Late bloomers L10-11 PERSONAL SPACE Fairy tale ending L12-13 GOLF US Masters L17 PHOTO: HOSHINOYA GADGETS Android attack L14-15 F1 WATCH Luck, weather and skill L20
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  • BT Living
    • TRAVEL
      • Article, Illustration
        Lock icon SERENITY NOW
        3085 2 / 3  -  Book yourself into a Japanese ryokan and you’ll see that the culture embraces relaxation. By Jaime Ee By Jaime Ee THERE comes a time in a person’s life when you just want to throw caution to the wind and do the things that wild horses couldn’t make you
        3,085 words
    • DINING
      • PALATE PLEASERS
        • Article, Illustration
          Lock icon Kichn
          579 6 / 7  -  Tired taste buds get a boost from young F&B entrepreneurs who are fast gaining a loyal clientele with their refreshing new concepts. #01-05, Albert Court, 180 Albert Street 6333-0015 www.kichn.com By Geoffrey Eu BORROWING a familiar slogan from pro-choice advocates– TheRightto Choose andgiving itaculinary context was a simple but
          KICHN PHOTOS BY ARTHUR LEE  -  579 words
        • Article, Illustration
          Lock icon Smoke Shack
          519 6 / 7  -  146 Market Street, #01-33 ?6557-2214 www.smokeshack.com.sg By Geoffrey Eu btnews@sph.com.sg SNACK food lovers often bemoan the lack of casual eateries in Singapore that are able to offer culinary reminders of their time in the US, where specialty places with names like Taylor’s Automatic Refresher in California, Hot Doug’s
          519 words
        • Article, Illustration
          Lock icon Once Upon a Milkshake
          430 6 / 7  -  #01-08, Maxwell Chambers 32 Maxwell Road ?9823-3779 last order 10.30pm www.onceuponamilkshake.com.sg By Melissa Lwee mellwee@sph.com.sg ONCE upon a time (actually only about a year ago), there was a boy who really, really, liked milkshakes and ice-cream. But alas, despite searching high and low around the CBD
          430 words
      • Article
        Lock icon wine & dine with BTWeekend
        1087 8 wine dine with BTWeekend Triple Three Level 5 Mandarin Orchard Singapore 333 Orchard Road ?6831-6288 Triple Three is back. Named for the address of the hotel 333 Orchard Road it features a new Japanese-inspired international buffet spread, helmed by Japanese Executive Chef Shigeru Akashi. Embark on a culinary adventure with
        1,087 words
    • WEEKEND WITH
      • Article, Illustration
        Lock icon The Sunday painter
        895 9  -  Oh’s works have been termed ‘transparent, right to the point and spontaneous’. weekend with winston oh watercolourist By Cheah Ui-Hoon uihoon@sph.com.sg SUNDAYS used to be set aside for painting, for watercolourist Winston Oh, but one’s best weekend plans can be scuppered by grandchildren, especially when you have
        895 words
    • STYLE
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        Lock icon Late bloomers
        1381 10 / 11  -  Japan Fashion Week may not have its share of big international fashion editors or celebrities, but the collections showcased prove there’s certainly no lack of talent in Tokyo. By Melissa Lwee Tokyo.By Melissa Lwee mellwee@sph.com.sg LAST week’s Tokyo Fashion Week (officially called “Japan Fashion Week in Tokyo” or
        1,381 words
    • HOME & GARDEN
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        Lock icon Fairy tale ending
        1052 12 / 13  -  Doing up her apartment led Sandra Chu to her new furniture business venture. personal space space By Cheah Ui-Hoon uihoon@sph.com.sg IF ONE can see the classic beauty of vintage furniture, one can definitely spot the potential in an apartment despite its dated 30-year-plus exterior. And vice versa.
        PHOTOS BY YEN MENG JIIN  -  1,052 words
    • GADGETS
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        Lock icon ANDROID ATTACK
        1040 14 / 15  -  A swarm of phones based on Google’s phone software threatens to overwhelm the competition. By Christopher Lim competition.By Christopher Lim limchris@sph.com.sg THIS is the year of Android phones, and whether or not you want one, you won’t be able to ignore them as a swarm of new releases
        1,040 words
    • SPORT
      • Article, Illustration
        Lock icon Will the Red Devils feel the Blues?
        1025 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg Acting Deputy Foreign Editor THIS is it. The big one. The grand-daddy of all matches. The final showdown. The clash of the season. Ok, you get my drift. You can sense my excitement. After all, how else
        PHOTOS: AFP, AP  -  1,025 words
    • GOLF
      • Article, Illustration
        Lock icon Who will be Master of Augusta?
        1141 17  -  This year’s US Masters marks the return to golf of the disgraced Tiger Woods. By Justine Moss By Justine Moss btnews@sph.com.sg TIGER Woods’ presence at a golf tournament typically raises television ratings as well as gate receipts, but he will be scrutinised much moreatthisyear’s
        PHOTOS: AFP  -  1,141 words
    • MOTORING
      • Article, Illustration
        Lock icon OVER THE TOP
        824 18  -  Two new convertibles will debut in Singapore soon, with both being the first soft-top versions of two familiar high-performance sports coupes. By Samuel Ee By Samuel Ee samuelee@sph.com.sg FOURyearsafterAudiunveileditsmid-en-gined sports coupe, the German carmaker has added a new dimension to the R8 experience open air. The topless
        824 words
      • Article, Illustration
        Lock icon A GRAN AFFAIR
        553 19  -  The Maserati GranCabrio is the company’s first open-top four-seater. By Samuel Ee By Samuel Ee samuelee@sph.com.sg FORMULAOneaceFernan-do Alonso got his last week. Next month, a dozen Singaporeans will get theirs. No, not their just deserts but just a delectable convertible from Maserati. The Italian brand withthetridentbadge hasproducedatopless
        553 words
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        Lock icon Leading the line
        289 20  -  The Mulsanne replaces the Arnage as Bentley’s flagship saloon.By Samuel Ee saloon.By Samuel Ee samuelee@sph.com.sg THE Bentley Mulsanne purred into Singapore and parked itself at the Shangri-La Hotel to the admiring gaze of around 600 guests on Thursday. The all-new Mulsanne replaces the Arnage as the flagship
        289 words
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        Lock icon Luck, the weather and maybe, some skill
        535 20  -  As with each and every Malaysian GP, it is going to be hot and humid tomorrow. By Samuel Ee f1 watch By Samuel Ee samuelee@sph.com.sg MARK Webber prayed for rain at last Sunday’s Australian Grand Prix and the heavens opened. Given the positive
        AFP  -  535 words
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      36 9 ‘Describing the Light, Watercolours by Winston Oh’ will be held at Brother Joseph McNally Gallery, Lasalle College of the Arts, 1 McNally St, from now until April 11, at 10pm to 6pm daily (except on Mondays)
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