The Business Times, 2 June 2010
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2010-06-02
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The Business Times
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Title Section22 2010-06-02 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Wednesday, June 2,201022 words
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828 2010-06-02 1 JOYCE HOOI - As business picks up and freight rates climb, the choke in container supply may puncture recovery By JOYCE HOOI [SINGAPORE] Container shipping companies find themselves at a bizarre buffet, with food piled high but no plates. Freight rates and volumes have spiked but containers are828 words
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Article141 2010-06-02 1 ST INDEX 2,715.44 (-37.16) ST INDEX FUTURES 2,715 (-38) SIMSCI 320.17 (-6.26) SIMSCI FUTURES 320.40 (-5.40) FOREX US$ S$ US$ (S$ per US$) 1.412 (US$/S$ per 1.447 2.043 EURO (US$/S$/E) 1.220 1.722 Foreign currency per US$ S$ YEN 90.80 64.30 RM 3.303 2.340 HK$ 7.791 5.519 BAHT 32.55141 words
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625 2010-06-02 1 MICHELLE QUAH - Latest development raises questions over Asian listings and CEO’s future By MICHELLE QUAH [SINGAPORE] Prudential’s attempt to lower its offer price for AIG’s Asian businesses has failed and the British insurance giant now faces a very625 words
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Advertisement119 2010-06-02 1 ARTS FEST Fusion of music and physics PAGE 13 S-REITS Moody’s revises outlook to stable from negative PAGE 6 ECONOMY S’pore start-ups see better prospects PAGE 4 TRANSPORT HUB Chevy Volt to join S’pore electric party PAGE Oil spill could ‘top kill’Obama presidency PAGE 24 BP shares plunge PAGE 2119 words
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TOP STORIES
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Article532 2010-06-02 2 Container crunch rattles shipping firms CONTAINER shipping companies find themselves at a bizarre buffet, with food piled high but no plates. Freight rates and volumes have spiked but containers are expected to remain in dire shortage until September. The choke in container supply threatens to be a spanner532 words
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629 2010-06-02 2 SIOW LI SEN - There’re still deals in Asia because of its strong fundamentals By SIOW LI SEN [SINGAPORE] “I have 30 minutes because I have a plane to catch to KL,” said Philip Lee, JPMorgan’s chief executive and head of investment banking in South-east629 words
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Article, Illustration549 2010-06-02 2 They shed 17% in steepest one-day drop in 18 years Reuters [LONDON] BP shares plunged the most in 18 years yesterday as markets reacted to the failure of the energy giant’s latest effort to contain an oil spill in the Gulf of Mexico,Reuters; AFP - 549 words
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Article350 2010-06-02 2 NEIL COLLINS - P breaking By NEIL COLLINS BP has spent a round billion dollars trying to cap the underwater gusher in the Gulf of Mexico, but it is hardly closer to stopping it now than when the Deepwater Horizon rig exploded and sank 43 days ago. The damage350 words
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630 2010-06-02 4 CHEN HUIFEN - 68% of 2,000 respondents are confident in making profits in 2010: poll By CHEN HUIFEN [SINGAPORE] The improved business sentiment in Singapore has flowed to the start-ups as well, which are seeing better financial prospects in the next 12 months. According630 words
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Article, Illustration710 2010-06-02 4 Developers delay launches on govt tightening measures Bloomberg [BEIJING] Property sales in Beijing, Shanghai and Shenzhen fell as much as 70 per cent in May as developers delay sales following government tightening measures. In China’s capital Beijing property signings slumped nearly 70Bloomberg; REUTERS - 710 words
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614 2010-06-02 4 Recovery may be strong enough to weather effects from European debt crisis LATEST US DATA Bloomberg [NEW YORK] Manufacturing in the US expanded in May for a 10th month as factories boosted payrolls to keep up with rising sales here and abroad. The InstituteBloomberg - 614 words
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781 2010-06-02 4 Key index is down 57% as Europe’s debt crisis widens Bloomberg [NEW YORK] The biggest slump in commodities since Lehman Brothers Holdings Inc collapsed is undermining Wall Street forecasts for accelerating economic growth and higher prices for everything from copper to crude oil. TheBloomberg - 781 words
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Article352 2010-06-02 4 GEORGE HAY - P breaking By GEORGE HAY THE end is nigh for Prudential’s great Asian adventure. After three months of mounting scepticism, shareholders of the UK’s largest insurer made it clear that they would only approve the acquisition of American International Group’s Asian operations after a significant cut in352 words
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Advertisement557 2010-06-02 2 KPMG KPMG Seminar Series SINGAPORE Goods and Services Tax (GST) Seminar Ensuring GST compliance forthe upcoming GST F5 filing period Date Thursday, 15 July 2010 Time 9.00am to 5.30pm Venue Orchard Hotel Singapore Seminar Fees Client/KPMG Alumni S$396 per participant Non-client S$450 per participant A discount of 5% will be557 words
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Advertisement214 2010-06-02 3 W >/v. mam i s® V:P- 1 m Hi 1 1 i M m V*g: 3-i m r m m i'V:~ m u Zivi I BBSs "> 11 mm A* E m m as > m. v® '&&X Si ft I V i'fA f S it r A-A >: m214 words
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Advertisement11 2010-06-02 4 CATS Recruit The first step on your tamer to success MATS11 words
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Advertisement7 2010-06-02 4 Housing problem worse than US, Page 167 words
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Advertisement100 2010-06-02 5 OUR NATURALLY VENTILATED CUBE ISA 100,000 SQFT BREATHING SPACE Hr> "5| L* Jk t a. ■MlMHi MGPA From the moment you step into Asia Square, you know you're somewhere special. Both a visual and technological marvel,The Cube creates a dramatic sense of arrival with its striking greenery, open spaces and100 words
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COMPANY NEWS
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Article, Illustration556 2010-06-02 6 UMA SHANKARI - Rental decline in office, retail and industrial sectors slowing down By UMA SHANKARI MOODY’S Investors Service has revised its outlook for Singapore’s real estate investment trusts (S-Reits) to stable from negative, reflecting its view that the sector’s fundamental credit conditions will neitherARTHUR LEE - 556 words
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Article, Illustration403 2010-06-02 6 EMILYN YAP - No major difference seen even after Wee Cho Yaw leaves By EMILYN YAP NEWS of United Overseas Bank (UOB) chairman Wee Cho Yaw looking for someone outside his family to take over caused few ripples in the market yesterday. Industry watchers did403 words
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Article, Illustration389 2010-06-02 6 TEH SHI NING - By TEH SHI NING INFRASTRUCTURE plays have grown more attractive amid the recent indiscriminate market sell-down, according to OCBC Investment Research (OCBCIR). Midas Holdings, Rotary Engineering and Tat Hong all posted satisfactory earnings in the last quarter, hold strong order books and are largely insulated389 words
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302 2010-06-02 6 NISHA RAMCHANDANI - By NISHA RAMCHANDANI INDIA’S Fortis Healthcare is keeping mum on Malaysian state investment agency Khazanah Nasional’s $1.18 billion offer to acquire a majority stake in Parkway Holdings. Reports have said Fortis could decide to hang on to its 25 per cent302 words
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363 2010-06-02 8 Wee to be replaced by deputy CEO Tan Tee Hieong on July 1 CAPITARETAIL China Trust Management (CRCTM), the manager of CapitaRetail China Trust (CRCT), said its director and chief executive officer Wee Hui Kan will step down at the end of this363 words
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357 2010-06-02 8 CHAN YUPING - Move will enhance liquidity of both S’pore and Japan commodity markets By CHAN YUPING SINGAPORE Commodity Exchange (Sicom) and Tokyo Commodity Exchange (Tocom) have in a move to enhance liquidity of the Singapore and Japan commodity markets signed an agreement to pave the357 words
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303 2010-06-02 8 SINGTEL mio TV launched the Barclays Premier League (BPL) on mio TV yesterday. Along with the launch came the unveiling of a range of plans including engaging local productions, enhanced interactivity for viewers and exciting competitions. A new channel, ‘mio Stadium’, will replace ‘Football303 words
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COMPANY BRIEFS
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Article82 2010-06-02 8 SINGAPORE Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group yesterday announced the launch of new Supersector and Sector indices to complement the family of FTSE Straits Times (ST) Indices. These new sets of indices are also based on the Industry Classification Benchmark (ICB), allowing82 words
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30 2010-06-02 8 STX Pan Ocean Co Ltd has entered into a shipbuilding contract to construct a semi-submersible heavy lift carrier for at least US$40 million.30 words
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60 2010-06-02 8 WEE Hur said its wholly owned subsidiary Wee Hur (Paya Lebar) Pte Ltd has exercised an option to acquire a property at 422 Upper Paya Lebar Road for $15.2 million. The sale and purchase of the property is subject to the approvals of60 words
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74 2010-06-02 8 TIONG Seng is expecting revenue and profit for the first quarter ended March 31 to be significantly lower than those a year ago. This is due to the completion of its development property, Tianmen Jinwan Building, in China in March 2009, and74 words
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Article88 2010-06-02 8 CSE Global has appointed Alan Stubbs as chief operating officer with effect from June 1. He will support group managing director Tan Mok Koon in the running of the global business units. This appointment is in addition to Mr Stubbs’ existing role as managing director88 words
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529 2010-06-02 9 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY TWICE in the space of a week the Straits Times Index (STI) has undergone a sharp drop in the final seconds of trading, the first time last Wednesday when a 68-point rise was cut to 45529 words
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208 2010-06-02 9 TIGER Airways has brought forward the delivery of two new Airbus A3 20 aircraft from the next financial year to the current financial year that ends in March 2011. Tony Davis, president and group CEO of Tiger Airways Holdings, said the208 words
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166 2010-06-02 9 AN offer by Texchem-Pack Holdings’ Malaysian parent to take the company private has hit a snag. Texchem-Pack, a mainboard-listed packaging solutions provider, said yesterday the Singapore Exchange has informed it that SGX was unable to review and clear the draft circular relating to the166 words
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Advertisement167 2010-06-02 6 1 my office my home Conserved shophouses with B-storey nsw extension in historic location 24 boutique SOHO offices 549 1808sf, with ensuite shower Varenna Kitchenette, Miele Applicances American Oak Timber Flooring STRATA OFFICES FOR SALE LIMITED UNITS il!« vPf* n [RAYl Exclusive Marketing Agents 9699 6659 Jeannie 9223 9317 Patrick167 words
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Advertisement174 2010-06-02 7 ->.- 'Rf^ r ::f 5o*«£3 -< V <^,~2A #L r T y 4> r s" 4yA s f' s 4 Lii^,/ 4 w -r nt. VP v:^ "S i? V #r Vv V *Y <v Ni ■V x 1 <* V X >v f a V <#k ifeL -> 1174 words
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Advertisement125 2010-06-02 8 ENERGY EFFICIENT INDUSTRIES It is not just a vision, it is in your hands. Energy efficiency is fast becoming a currency for the global competitiveness of companies as it enhances long-term business competitiveness and improves bottomlines. As such, the National Environment Agency (NEA), Energy Market Authority (EMA) and Economic Development125 words
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Advertisement453 2010-06-02 9 WINE CULTURE Fme 6- rare m merchant 10TH ANNIVERSARY SALE Enjoy up to 50% off on selected labels. (Sale promotion from now until 30 June 2010) Wine Culture Pte Ltd 897 Bukit Timah Road Singapore *****7 Tel: 6463 3888 6462 1129 Email: sales@wineculture.com.sg OPENING HOURS: MON SAT 10.30AM TO 7PM453 words
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SINGAPORE MARKETS
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Article, Illustration555 2010-06-02 10 R SIVANITHY - STI falls 37 points, mirroring regional markets as European markets all open in the red on debt concerns STOCKS R SIVANITHY Senior Correspondent PERHAPS not surprisingly, European-related risk aversion returned yesterday, slicing 37.16 points off the Straits Times Index to 2,715.44 and suggesting thatSource: Bloomberg - 555 words
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Article65 2010-06-02 10 Jun 1 VALUE CLOSE BT OB/OS -946.00 +54.00 BT CADI -*****.00-214.00 BT 10-day MA -*****.00 -94.00 FTSE ST Mid Cap 654.72 -9.59 FTSE ST Small Cap 494.43 -8.82 FTSE ST All Share 668.32 -9.41 FTSE ST China Top 246.68 -5.44 FTSE ST China 275.17 -1.30 FTSE ST65 words
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Article186 2010-06-02 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 1 0 0 0 3 10 1 Manufacturing 24 93 52 3 4 13 27 97 65 Commerce 8 30 9 3 5 4 11 35 13 Tpt/Stor/Comms 6 27 10186 words
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BROKERS’ TAKE
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Article288 2010-06-02 10 June 1 close: $3.69 DMG PARTNERS SECURITIES, June 1 ACCEPT offer of $3.78 per share: Integrated Healthcare Holdings (IHH), a wholly-owned subsidiary of Khazanah Nasional has offered to acquire 313 million Parkway shares for $3.78 each. If the partial offer (PO) is successful, IHH will become the controlling288 words
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Article648 2010-06-02 10 LYNETTE KHOO - Compiled by LYNETTE KHOO June 1 close: $0.495 CIMB, June 1 DELIVERING on the promise: A quarter ago, management highlighted that the group plans to launch pre-sales of the remaining 354 residential units at Nanchang Honggu Kaixuan Phase 2, subject to market conditions and changes in648 words
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Article121 2010-06-02 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,429 15,429 58,974 58,974 Manufacturing 168,240 4,666 172,906 170,074 239 170,314 Commerce 67,142 2,209 69,351 81,139 437 81,576 Tpt/Stor/Comms 87,746 343 88,089 152,329 43 152,372 Finance 18,628 18,628 178,957 178,957 Construction 25,932 102,946 128,878 5,520121 words
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Article114 2010-06-02 10 Stock name Close Change CapMallsAsia 2.110 +0.010 CapitaLand 3.520 -0.060 CapitaMall 1.850 +0.030 CityDev 10.100 -0.080 ComfortDelGro 1.400 -0.010 DBS Grp 13.700 -0.300 F&N 4.740 -0.150 Genting SP 0.990 -0.070 Golden Agri 0.495 -0.015 HK Land 4.800 +0.020 JMH 36.000 +0.960 JSH 20.000 +0.380 Jardine C&C114 words
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Article, Illustration550 2010-06-02 10 CURRENCIES Bloomberg Reuters [NEW YORK] The euro fell to a four-year low against the US dollar as unemployment in nations using the currency rose to the highest since before it was created, sapping confidence that the economy can withstand the region’s debt crisis.Bloomberg; Reuters; BLOOMBERG - 550 words
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Article56 2010-06-02 10 VOLUME Genting SP 134,732,000 Sapphire 102,900,000 Golden Agri 74,957,000 GuangzhaoIFB 34,711,000 Noble Grp 25,792,000 Cosco Corp 21,906,000 Yangzijiang 19,858,000 Healthway 18,398,000 SingTel 15,098,000 CapitaLand 14,717,000 VALUE($) Genting SP 137,061,600 DBS Grp 62,551,300 CapitaLand 51,802,410 UOB 46,736,020 Noble Grp 45,567,970 OCBC Bk 43,925,750 SingTel 43,429,080 Keppel Corp 37,852,31056 words
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Article116 2010-06-02 10 BY CENTS CLOSE UP DBXT FTVietnam 10US$ 4405 234.2 3.9 DBXT S&P Short 10US$ 5487 158.0 2.1 GLD 10US$ ***** 148.1 0.9 JMH 3600 135.4 2.7 Lyxor India Nifty 10 1518 68.0 4.7 Pru 500US$ 832 60.7 5.4 JSH 2000 53.6 1.9 Lyxor EmergingMkts 1 922 46.6 3.7 Thai116 words
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Article120 2010-06-02 10 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-364.0 -2.3 DBXT DJSTGLDv 10US$ 2663-214.4 -5.4 DBXT MSKorea 10US$ 4309-110.0 -1.8 OUE 1800 -98.0 -5.2 Jardine C&C 2670 -90.0 -3.3 DBXT DJE50 10US$ 3420 -60.7 -1.2 DBXT MSTaiwan 10US$ 1436 -57.8 -2.8 SIA.ES.1006 1412 -48.0 -3.3 SIA 200 1410 -40.0 -2.8120 words
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Article87 2010-06-02 10 Where S$ stands Jun 1 CHNG YR 2010 CLOSE FR May 31 S$ LOW S$ HIGH US$ 1.4152 -1.14 1.4219 1.3680 Euro 1.7180 0.19 2.0153 1.7060 Pounds 2.0476 -0.96 2.2831 2.0003 A$ 1.1737 1.05 1.2960 1.1515 Yen* 1.5608 -2.01 1.5927 1.4467 Rupiah* 0.***** -0.79 0.***** 0.***** Baht* 4.3431 -0.9787 words
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SINGAPORE NEWS
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616 2010-06-02 11 LEE U-WEN - In speech to students, he says S’pore must develop its own talent base By LEE U-WEN IF success were purely based on a numbers game, Singapore with its tiny population of about five million would lose out consistently to its616 words
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Article169 2010-06-02 11 NEW permanent secretaries have been appointed for the Ministry of the Environment and Water Resources (MEWR) and the National Climate Change Secretariat. The Public Service Division (PSD) said yesterday that with effect from July 1, former chief of defence force Desmond Kuek will be appointed permanent secretary169 words
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408 2010-06-02 11 LEE U-WEN - By LEE U-WEN SIXTEEN foreign ministers from Southeast Asia and the Middle East have embarked on an ambitious two-year plan to boost ties and raise awareness of untapped business potential in their regions. The leaders have set themselves a 2012 target408 words
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174 2010-06-02 11 JTC Corporation yesterday said it has awarded the tender for an industrial site at Tampines Industrial Avenue 4 to Soon Hock Tuas Development, which trumped nine other bidders at the close of the government’s tender on May 12. Soon Hock Tuas Development submitted the174 words
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Article, Illustration486 2010-06-02 12 CHAN YUPING - Portal upgrade allows user-friendly access to data of all govt agencies By CHAN YUPING THE newly revamped www.gov.sg portal was unveiled yesterday, providing Singaporeans a one-stop gateway to access information across all government agencies. During the launch, Singapore Government Web Excellence Awards (WEA) were also486 words
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177 2010-06-02 12 PHILIP Nalliah Pillai, Quentin Loh and Steven Chong have been appointed Judges of the High Court by President S R Nathan. Sworn in at the Istana yesterday, they bring the number of Judges in the Supreme Court to eighteen. Dr Pillai, aged 62,177 words
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460 2010-06-02 12 JOYCE HOOI - He likes sugar, says commodities are under-owned and under-invested By JOYCE HOOI SUGAR could well be white gold, if veteran investor Jim Rogers turns out to be right. Mr Rogers singled out sugar as poised for a bull run at the Asia Pacific460 words
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Advertisement313 2010-06-02 11 0DBS7S I am looking to get the most out of my foreign currencies We are your sweet returns of up to 4.60% p.a. I jk* A a>. m m M [\t Enjoy sweeter returns with our Foreign Currency Fixed Deposits Now, take advantage of these special rates when you bring313 words
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Advertisement94 2010-06-02 12 MRZHONG SHENG JIAN Chairman CEO Yanlord Land Group Limited on being conferred the Businessman of the Year at SINGAPORE BUSINESS AWARD 2010 We would like to express our heartiest congratulations for his well-deserved honour ~01>V MR MRS POH CHOON ANN MANAGEMENT BOARD OF DIRECTORS POH TIONG CHOON LOGISTICS LIMITED V94 words
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ARTS FEST
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Article, Illustration592 2010-06-02 13 CHRISTOPHER LIM - A multi-national project, ‘String Theory’ looks set to bridge disciplines, reports CHRISTOPHER LIM CHRISTOPHER LIM FEW things bridge the worlds of physics and art as easily as a beautiful concept that is also scientifically sound. And the very name of string theory has musical connotations.BT FILE PHOTO - 592 words
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Advertisement814 2010-06-02 13 1 -A imVJt I ill I! R YRIJI •IJLHIi M ILVIMII in l lTRiiil^m i km i iy^.11 IKTnRTlTi KTi JERRY LUM Marketing Director, MBA, CES 55". HP+65 8288 0098 http://jerrylum.myweb.sg/ ft Business Space For Lease gllli Tampines ✓New 10-storey B2 Industrial bldg /Size: 1100 -117,500 sqft /Asking rent: $1.70814 words
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Advertisement211 2010-06-02 13 In a perfect world, you'd always be perfectly understood. Often you aren't. So talk to the bank that listens. With a proud banking heritage of nearly two centuries and over four decades of experience in Asia, we take the time to understand your individual banking needs regardless if you are211 words
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ECONOMY WATCH
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Article, Illustration957 2010-06-02 14 Critics say ECB’s focus on inflation has blinded it to a bigger threat NYT [FRANKFURT] If the European Central Bank has one monetary dragon it considers essential to slay, it is inflation. Keeping inflation under control is its primary legal responsibility, andNYT; BLOOMBERG - 957 words
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Article255 2010-06-02 14 The 7.7% rate for May is the lowest since December ’08 AFP [FRANKFURT] German unemployment fell sharply in May, data from the national labour agency showed yesterday, as Europe’s biggest economy advanced despite the eurozone financial crisis. The unemployment rate fell to 7.7 per cent ofAFP - 255 words
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253 2010-06-02 14 Reuters [ATHENS] Greece could launch a treasury bill auction in July, marking its first return to the markets since it was awarded an aid package by the European Union and the International Monetary Fund (IMF), its finance minister said on Monday. Greece canReuters - 253 words
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247 2010-06-02 14 AFP [SEOUL] European Central Bank policymaker Christian Noyer hit out at credit rating agencies yesterday, saying central banks were too dependent on their judgments. The dependence on rating agencies is “absolutely unsatisfactory,” Mr Noyer, a member of the ECB’s governing council, told a BankAFP - 247 words
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Advertisement147 2010-06-02 14 Mi m j#ii ni MP a %*x£Zr'.v< ar. »> r if i I f »r mil* 94 \i&k 25&gp Y r A .-'V< U' y IN p> >Btt ;'<■» \J V*f 5. > >> i 1- 13« r*- H V** SL_ W If '1 BRING YOUR FAVOURITE MOMENTS HOME View147 words
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Advertisement16 2010-06-02 14 Head to CATS FASTADS in The New Paper for education options! BUY IT-SELL IT• FIND IT16 words
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MALAYSIA/INDONESIA
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Article, Illustration513 2010-06-02 15 PAULINE NG - Changes reflect leadership shifts in BN parties; Umno lineup unchanged By in PAULINE NG MALAYSIAN Prime Minister Najib Razak reshuffled his Cabinet yesterday with former transport minister Ong Tee Keat the biggest casualty. The changes halfway into Mr Najib’s first term in513 words
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398 2010-06-02 15 Move follows US$1.25b sale of sukuk last week Bloomberg [KUALA LUMPUR] Malaysia plans to raise about US$1 billion from its first sale of conventional dollar bonds in eight years, after drawing bids for five times the Islamic debt it offered last week, a financeBloomberg - 398 words
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Article, Illustration469 2010-06-02 15 Bloomberg [JAKARTA] Indonesia’s inflation rate rose less than expected in May year on year, an increase that may not be enough to prompt the central bank to raise interest rates this week. Consumer prices rose 4.16 per cent last month from aBloomberg; REUTERS - 469 words
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Advertisement117 2010-06-02 15 Did you notice the leopard? The Passat CC. Once you've seen it, you'll see nothing else. It's no wonder why the Passat CC is attracting so much attention. With the style of a coupe, the dynamics of a sports car and the comfort of a saloon, the Passat CC has117 words
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GREATER CHINA
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555 2010-06-02 16 Numbers for May lower than forecast, heightening fears of slowing growth Bloomberg [BEIJING] China’s manufacturing expanded at a slower pace than estimated in May, prompting stock declines across Asia on concern that growth in the world’s third-largest economy may slow. The Purchasing Managers’ IndexBloomberg - 555 words
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Article, Illustration440 2010-06-02 16 It could stoke public discontent, warns a central bank adviser AFP [BEIJING] China’s housing market problems are worse than those in the US before the global downturn as they could stoke public discontent, warned a central bank adviser. The comments were made before China’s StateAFP - 440 words
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436 2010-06-02 16 Reuters [GENEVA] China’s curbs on exports of some raw materials to conserve resources may not meet the stated goals while giving Chinese manufacturers an unfair advantage, the World Trade Organization said on Monday. The remarks, in a report prepared for China’sReuters - 436 words
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214 2010-06-02 16 AFP [SHANGHAI] China launched a benchmark index for its Nasdaq-style ChiNext board yesterday, seven months after it created the new market to support small companies with high growth prospects. The ChiNext Index will “comprehensively and objectively reflect the overall price direction of ChiNext board stocks”,AFP - 214 words
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Advertisement294 2010-06-02 16 WINE DINE AND HOSPITALITY SUMMER DELICACIES Enjoy seasonal specialties presented by Masterchef Hiroshi Kagata with a ten-course Minazuki Kaiseki featuring Grilled Ayu Fish with Tade Vinegar Sauce and Deep-fried Sand Borer Sea Urchin with Seaweed Salt. Priced at 160++, this exquisite kaiseki menu is only available for dinner in the294 words
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GREATER CHINA/INDIA
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460 2010-06-02 17 RBI to consider growth figures while framing monetary policy: governor Bloomberg [NEW DELHI] India’s manufacturing growth accelerated in May at the fastest pace in more than two years, increasing pressure on the central bank to raise interest rates. The Purchasing Managers’Bloomberg - 460 words
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Article, Illustration377 2010-06-02 17 AFP [TAIPEI] Scuffles erupted in Taiwan yesterday as activists alleging labour abuses by IT giant Foxconn tried to enter an exhibition centre where President Ma Ying-jeou was opening Asia’s biggest technology fair. The protesters, who were shouting “Capitalists kill people” and holdingAFP; REUTERS - 377 words
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326 2010-06-02 17 AP [BEIJING] A Chinese supercomputer has been ranked the world’s second-fastest machine in a list issued by US and European researchers, highlighting China’s ambitions to become a global technology centre. The Nebulae system at the National Supercomputing Centre in Shenzhen in southern China cameAP - 326 words
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333 2010-06-02 17 Reuters [WASHINGTON] India and the United States open high-level talks this week, hoping to cement gains in a partnership still bedevilled by doubts despite vows of deeper political and economic cooperation. Indian concerns focus on growing US ties with Pakistan a key playerReuters - 333 words
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Article, Illustration322 2010-06-02 17 Bloomberg [MUMBAI] The planned initial public offering by Coal India Ltd, the world’s largest producer, may be delayed by at least two months to September, according to two people with direct knowledge of the sale. The state-run producer has yetBloomberg; REUTERS - 322 words
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Advertisement152 2010-06-02 17 ess School w w isapww <. UR BOUNDARIES EATER MINDS DON'T HAVE TG-THINK ALIKE %-•> BUSINESS DEVELOPMENT MANAGER? L ENTREPRENEUR? m I FINANCE MANAGER? wn X/A 54 *<• THE OXFORD ADVANCED MANAGEMENT AND LEADERSHIP PROGRAMME If you want to enhance your performance and impact as "If you enjoy challenges, have152 words
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ASIA-PACIFIC/WORLD
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Article, Illustration442 2010-06-02 18 Rates left on hold at 4.5% after four straight 25-bps rises AFP [SYDNEY] Australia paused an aggressive series of interest rate rises yesterday, citing turmoil on global markets over Europe’s debt crisis which has raised the spectre of a “double dip” recession.AFP; BLOOMBERG - 442 words
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Article, Illustration569 2010-06-02 18 Govt reducing role at policy meetings from June Bloomberg [TOKYO] South Korea’s government reiterated its call for the central bank to hold off raising the benchmark interest rate, after pledging to reduce its role at policy meetings over concerns about the bank’s independence. “TheBloomberg; REUTERS - 569 words
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Article390 2010-06-02 18 Reuters [BRUSSELS] The greenest fuels would become the cheapest under plans for a pan-European energy tax which would also help governments tackle huge debts without raising taxes on workers, draft documents show. The European Union’s executive wants to overhaul Europe’s 240 billion euro (S$413Reuters - 390 words
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Advertisement2875 2010-06-02 18 C2O HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No: *****4711D NOTICE OF SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of C2O Holdings Limited will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore *****5, on Thursday, 24 June 20102,875 words
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WORLD
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430 2010-06-02 19 Their ability to sell bonds may be curtailed as govts finance deficits: ECB Bloomberg [FRANKFURT] Europe’s banks will have to write off 195 billion euros (S$337 billion) of bad debts by 2011 and their ability to sell bonds may be curtailed as governments financeBloomberg - 430 words
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353 2010-06-02 19 Govt says strong rating enables it to finance its projects AFP [PARIS] France runs no risk of losing its top-quality credit rating, Budget Minister Francois Baroin said yesterday, two days after saying that the target of holding on to the AAA rating wasAFP - 353 words
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226 2010-06-02 19 Reuters [LONDON] British service sector firms expect business to slow over the next three months and profitability to be flat at best, a Confederation of British Industry poll showed yesterday. The quarterly survey was conducted between April 28 and May 12, aReuters - 226 words
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Article, Illustration99 2010-06-02 19 [ROME] Iraqi-born architect Zaha Hadid posing next to an installation by Brazilian artist Iran Do Espirito Santo, during the inauguration of the MAXXI museum she designed in Rome last week. A huge museum for contemporary arts and architecture opened in Rome last weekend in a bid toAP - 99 words
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Article, Illustration742 2010-06-02 20 It will go it alone if unions, business don’t come onboard, says minister Reuters [MADRID] Spain aims to pass a long-awaited labour market reform before the end of June, with or without an agreement with unions and business leaders, said Economy Minister ElenaReuters; AP - 742 words
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598 2010-06-02 20 He used same kind of pyramid scheme he warned against AP [EAST ST LOUIS, Illinois] A Canadian national who the US government says swindled US$70 million from 40,000 investors on six continents carried out the same kind of pyramid scheme that the one-time bankAP - 598 words
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Article, Illustration483 2010-06-02 20 AP [PARIS] European Central Bank (ECB) president JeanClaude Trichet says Europe needs “the equivalent of a budgetary federation” as a watchdog over eurozone governments’ public finances as a response to the continent’s government debt crisis. In an interview published in the French dailyAP - 483 words
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563 2010-06-02 20 France, Germany plan to table joint stand on CAP reform Reuters [MERIDA, Spain] France said it will try to shore up support for strong regulation of agricultural markets in yesterday’s talks among European Union (EU) farm ministers on reforming the bloc’sReuters - 563 words
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Page 19 Advertisements
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Advertisement118 2010-06-02 19 igBgfs ,Ji§r «p jnMs k>y sir* w w OPEN NEW DOORS with The AsiaOne Network. Now you can unlock the potential of the booming the; lifestyle market with a set of dynamic portals targeted at consumers ranging from females, foodies, fashionistas to frequent flyers. Visit http://network.asiaone.com or email A lmktg@sph.com.sg.118 words
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Page 20 Advertisements
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Advertisement7 2010-06-02 20 T ft v\v iff I fl11 www.radio9l3.com7 words
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Advertisement10 2010-06-02 20 http://www.omy.sg http://lifestyle.omy.sg/ ■Sell o V, rv r v: :v. Si:.'y:':■cS-L10 words
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Transport HUB
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523 2010-06-02 21 Move comes amid flood of large fundraisings and tightening measures Reuters [SHANGHAI] Ningbo Port Co plans to raise about US$1.9 billion in mainland China’s second-largest IPO this year, braving a Chinese market already staggering from a slew of large fundraisings and Beijing’s tighteningReuters - 523 words
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814 2010-06-02 21 DAVID HUGHES - STRAIT TALK By DAVID HUGHES I AM writing this column while sitting at the chart table on the bridge of a small training vessel berthed in the French port of Dunkirk. The trip over here has been an opportunity to reflect on how much814 words
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Article278 2010-06-02 21 SGX '000 Jun 1 S$ +/-Vol CH Offshore 0.52 -0.01 641 Chuan Hup Hldg 0.26 -0.01 50 Cosco Corp 1.33 -0.05 ***** CWT Ltd 0.82 -0.01 843 Ezra Hldgs 1.68 -0.07 8571 First Ship Lea 0.45 unch 748 Freight Links 0.05 -0.01 262 Grand Banks unch unch 0278 words
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TRANSPORT HUB: AVIATION
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Article, Illustration486 2010-06-02 22 Move may help attract investors to a US$300m initial public offering Bloomberg [JAKARTA] PT Garuda Indonesia has resumed flights to Europe for the first time in six years after the European Union eased a ban on the nation’s airlines following a series of fatal crashes.Bloomberg; REUTERS - 486 words
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180 2010-06-02 22 Reuters [MOSCOW] US aircraft maker Boeing has won an order from a Russian state company for up to 65 planes, nearly half its net order level for 2009, beating European rival Airbus and a Russian manufacturer. The buyer is Russian Technologies, whichReuters - 180 words
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352 2010-06-02 22 Reuters [DUBLIN] Irish airline Ryanair swung back to a full-year profit ahead of most rivals and expects to grow earnings further this year. It also brought forward plans to pay its first dividend since being floated in 1997. The airlineReuters - 352 words
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533 2010-06-02 22 Crew walkouts force airline to cancel over 200 flights Bloomberg [LONDON] British Airways’ (BA) cabin-crew union may hold a vote next week to extend a strike that has disrupted flights for tens of thousands of Britons during one of the UK’sBloomberg - 533 words
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200 2010-06-02 22 Bloomberg [MELBOURNE] Jetstar, the budget carrier of Qantas Airways Ltd, will commence a trial of Apple Inc’s iPad tablet computers for inflight entertainment later this month. The airline will charge passengers A$10 (S$ 11.80) to use the iPads for movies, books, games and televisionBloomberg - 200 words
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Article2951 2010-06-02 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ268 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 QF82 2230 LH9770 2350 SQ269 2350 VS7269 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam LO4031 0605 MP96 08402,951 words
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TRANSPORT HUB: LAND
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586 2010-06-02 23 Sales hurt by falling stock market and rising consumer prices Bloomberg [BEIJING] China’s passen-ger-car sales growth slowed in May as falling stock prices eroded wealth and consumer prices rose in the world’s largest automobile market. Sales of cars, sport-utili-ty vehicles andBloomberg - 586 words
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Article, Illustration423 2010-06-02 23 SAMUEL EE - Reports by SAMUEL EE CHEVROLET is a more than a value brand it is a brand that offers value, says Martin Apfel, the newly appointed president of General Motors South-east Asia Operations and General Motors Thailand. GM owns the Chevrolet brand. “There is a423 words
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Article, Illustration354 2010-06-02 23 THE brand with the gold bow tie is set to launch its Volt electric vehicle (EV) in the United States later this year, and this plug-in hybrid could make its way here soon after. “We see a very good chance of proposing the354 words
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Page 21 Advertisements
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Advertisement343 2010-06-02 21 WM* <# f/N/ 3 Ml U7 3Mfe i?\ ■U//?, &> m r. visit us at Singapore Book Fair at Suntec Singapore Hall 404, Booth 4C13 28 May 6 June 2010,11 am -10am Subscribe to and pick your choice of sift 1-year or 2-year of a Daily Newspaper 3-month of another343 words
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Advertisement21 2010-06-02 21 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg21 words
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Page 22 Miscellaneous
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Miscellaneous331 2010-06-02 22 CRYPTIC CROSSWORD Across 1 Managed to get inside revolutionary egg farm (6) 4 Clearly identified remedy (8) 9 Risk money on fish shop (6) 10 Unconventional play Act I most odd (8) 11 Clip more off setter (8) 13 Charles and the Queen making a drink (6) 15 Allow something331 words
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Page 23 Advertisements
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Advertisement405 2010-06-02 23 7 x V V >v V, s: M r BUILDING YOUR BRAND IMPRINT A HIGH-POWERED SEMINAR FOR SMES The key to successful branding lies in creating a distinctive brand positioning and an outstandingly unique personality. Build your brand imprint at this bilingual seminar which features prominent brand practitioners. 18 June405 words
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EDITORIAL & OPINION
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Article493 2010-06-02 24 EDITORIAL ANNUAL reports by government agencies don’t usually make compelling reading, but the one published every year by the Auditor-General’s Office has invariably raised eyebrows, if not left one quite aghast because quite another picture of Singapore’s highly-regarded civil service seems to emerge from it.493 words
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Article, Illustration1380 2010-06-02 24 LEON HADAR - Poll shows over 50 per cent of Americans rate his response to disaster as poor or very poor LEON HADAR Washington Correspondent WITH the failed “top kill” operation of British Petroleum (BP) to plug the gushing oil well in the Gulf of Mexico,AFP - 1,380 words
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Article, Illustration797 2010-06-02 24 G PANICKER - THE BOTTOM LINE G PANICKER The writer is with BT’s foreign desk INDONESIA tends to draw global attention for all the wrong reasons terrorism, tsunami and frequent earthquakes, forest destruction, haze and corruption. Now, in a marked positive shift, this nation of 17,000 islands797 words
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Article, Illustration1463 2010-06-02 25 TAN KONG YAM - Without institutional reform, an aging, regulated and authoritarian China may falter and stagnate after 2025 By TAN KONG YAM The writer is professor of economics at the Nanyang Technological University. He was senior economist at the World Bank in Beijing (2002-2005), chief economist atAP - 1,463 words
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Article, Illustration767 2010-06-02 25 ANTHONY CURRIE - P breaking By ANTHONY CURRIE IS NOW the time to buy US bank stocks? Many are earning money, look well capitalised and have reported three straight quarters of declining loan losses. Yet the sell-off of the past six weeks has lopped up toAFP - 767 words
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Page 25 Advertisements
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Advertisement3 2010-06-02 25 NANYANG TECHNOLOGICAL UNIVERSITY3 words
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SINGAPORE STOCKS
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Article8782 2010-06-02 26 Transaction date: Jun 1 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 6.5 3148 8Telecom 14.5 unch 134 14.5 14.5 14.5 15 1.7 12.5 4.7 69.4 10 5.5 58348,782 words
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Article1639 2010-06-02 27 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 t AA Grp 6 unch 8 6 6 6 7 33.3 5.8 25 13 8538 t APStrategic 17 -21,639 words
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Article9369 2010-06-02 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.15/ APS Alpha Fund (USD)!** 0.82/ AXA Life Secure Ascent 2020 Fund 0.9238/0.9238 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.63/ Aberdeen Asset Mgt Asia Limited American Opp 0.6095/ Asian Credit Fund 1.236/ Asian9,369 words
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Article704 2010-06-02 27 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 $mil 116 107 6389 ABF SG Bond ETF 115 -1 14 116 115 109.3 115 525 883 610 CIMBAsean40 100US$ US799 -18 105 816 798704 words
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Article259 2010-06-02 27 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 $mil 56 27 6000 AVJennings A40 -2 3 40 40 40 47 3.6 8.8 3.2 104.2 31 13 6017 Genting HK US$ US17.5 unch 1371259 words
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Advertisement93 2010-06-02 26 „CK Mr, GENEVE CONOUI5TAOOH RACING CHRONOGRAPH LIMITED COITION FRANCK MULLER BOUTIQUE ION ORCHARD (65) 6509 3380 AUTHORISED RETAILERS SINCERE FINE WATCHES TAKASHIMAYA SC NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 VIVOCITY (65) 6278 1698 WATCHES OF SWITZERLAND PARAGON (65) 6732 979393 words
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FINANCE & COMMODITIES
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374 2010-06-02 28 In local curr In S$ In US$ dy yr dy yr dy yr May 31 Index Change Change Change Change Change Change World Index Preliminary 798.9 0.0 -4.0 -0.3 -7.9 -0.1 -7.6 EAFE Preliminary 736.8 -0.1 -6.1 -0.5 -14.0 -0.2 -13.7 Europe Preliminary 1056.7 0.0374 words
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Article180 2010-06-02 28 Jun 1 $S Offer Bid Overnight 0.03 0.01 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.45 0.35 1 month 0.60 0.40 2 months 0.65 0.45 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.10 0.90 12180 words
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Article22 2010-06-02 28 Jun 1 S$ Bid Offer 1-month 1.4107 1.4128 2-months 1.4107 1.4127 3-months 1.4105 1.4126 6-months 1.4103 1.4123 Source: OCBC22 words
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Article134 2010-06-02 28 Jun 1 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 375.0 375.0 365.0 2 Aug 10 340.0 340.0 340.0 20 Sep 10 318.0 3108.0 315.0 12 Oct 10 314.0 314.0 310.0 12 Nov 10 313.0 313.0 306.5134 words
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Article90 2010-06-02 28 Jun 1 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 02.09.2010 0.29 0.24 0.24 1-Year BY*****W 03.05.2011 0.35 0.35 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.91 5-Year N*****0N 1.375 01.10.2014 102.190 words
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Article105 2010-06-02 28 May 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 937.75 951.75 956.00 936.50 Aug 10 927.75 941.50 945.00 926.25 Sep 10 914.75 926.25 930.25 912.25 Nov 10 907.75 918.75 921.75 906.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 37.61 38.18 38.26105 words
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Article77 2010-06-02 28 CRUDE OIL PRODUCTS May 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 74.36 0.03 WTI (Near Mth) 74.13 -0.39 Dubai (1-Mth F) 74.35 2.49 Tapis blend 80.45 2.50 Minas 79.80 2.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 69.44 unch Jet Kerosene 82.80 unch US$/barrel Opec Oil77 words
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2365 2010-06-02 28 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 9 4.86 47 4085 ASJ Hldgs W*****1 3 1 4 2.33 20 2036 Advance SCT Ltd W*****9 0.5 1 87 2817 6.00 22,365 words
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Article132 2010-06-02 28 Jun 1 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1720 1.2080 Can dollar 1.3360 1.3520 Euro 1.7100 1.7300 NZ dollar 0.9450 0.9660 Sterling pound 2.0210 2.0450 US dollar 1.3950 1.4110 Local dollars to 100 units of foreign132 words
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Article29 2010-06-02 28 Jun 1 Open High Sett STI Jun 2725 2725 2715 SIMSCI Jun 325.3 325.5 320.4 Taiwan Jun 260.6 261.2 258.4 Source: MF Global (S) Pte. Ltd29 words
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5980 2010-06-02 29 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.5,980 words
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Article66 2010-06-02 28 Jun 1 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2524 2533 2536 2515 89 3554 Jul 10 2482 2509 2509 2474 1208 ***** Aug 10 2432 2460 2460 2430 6451 ***** Sep 10 2407 243266 words
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Article362 2010-06-02 28 Jun 1 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4150 0 2423 Sep10 99.1400 0 2093 Dec10 98.9850 0 1418 Mar11 98.8500 0 1053 EUROYEN TIBOR FUTURES Jun10 99.6100 0 5236 Sep10 99.6275 99.6275 99.6275 99.6200 1 3156 Dec10 99.6250 0 1461 Mar11 99.6300 100362 words
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Article465 2010-06-02 28 Jun 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.873 5.688 0.683 6.488 39.099 76.941 0.756 10.128 2.750 1.236 71.113 38.823 1.176 6.460 0.969 26.988 27.104 0.575 0.833 Canada 1.146 6.519465 words
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Article85 2010-06-02 28 Jun 1 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-06-02 28 Jun 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1746 1.1766 0.8326 0.8328 Canadian dollar 1.3461 1.3486 0.9541 0.9546 Euro 1.7203 1.7235 1.2194 1.2199 NZ dollar 0.9503 0.9525 0.6736 0.6742 Sterling pound 2.0414 2.0447 1.4470 1.4473154 words
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Article138 2010-06-02 28 Jun 1 GOLD (US$/oz) May 31 Jun 01 Hong Kong 1213.00 1222.10 May 28 May 27 London 1202.60 1214.75 1203.40 1215.50 Source: Thomson Reuters CAST BAR Jun 01 (S$) Selling Buying Kilobar "59,106.80" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132.68 55 5gm 375.57 276 10gm 671.96138 words
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Article70 2010-06-02 28 May 28 May Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2012.75 2034.50 3 months 2043.00 2065.00 Copper, Grade A (US$/tonne) Cash 6911.25 6955.00 3 months 6939.00 6984.00 Lead (US$/tonne) Cash 1823.75 1816.75 3 months 1850.00 1844.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article81 2010-06-02 28 May 28 COCOA (£/tonne) Close Prev High/Low Jul 10 2420 2434 2445/2396 Sep 10 2341 2355 2361/2312 Dec 10 2283 2306 2311/2259 Mar 11 2253 2276 2281/2246 COFFEE (US$/tonne) Close Pev High/Low May 10 1301 1301 Jul 10 1338 1336 1340/1325 Sep 10 1374 1372 1376/1361 Nov 10 139981 words
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Advertisement22 2010-06-02 29 i RTISE, JOE WONG Can they find your set-vices here in -the Shipping Times? THE BUSINESS TIMES SHIPPING TIIVIES 9620 -1 32722 words
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Advertisement40 2010-06-02 30 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers n Can they find your THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132740 words
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Advertisement106 2010-06-02 31 ®(oxo>[E> cg[LCR]g>; n^cuin^ic^r^aco^ann BRAND NEW Binjai Park *****sqft/7000sqft Good Privacy 25m Lap Pool > Renowned Designer Ask $17.8M PLOT A Binjai Park *****sqft/*****sqft Flat Squarish Land 46m Frontage Ask $28M PLOT B > Binjai Park *****sqft/7600sqft »Quiet, Serene setting Charming Single Storey House »Ask $32M FOR snie BINJfll PARK €VGIYN106 words
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Advertisement115 2010-06-02 31 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Commercial Government Land Sales: Site at North Buona Vista Drive for Public Tender =71 VX 1 /f. >\ V °9e re en <$ MOE Buona 0/) LX 2-1 CX1-4 Helios Site Information Submission of Tender Land Area Lease Period GPR Zoning Proposed Development115 words
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executive Money
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Article998 2010-06-02 31 May saw many of them posting their biggest monthly losses since the Lehman aftershock Bloomberg [NEW YORK] Jen witcesavethr OHN Paulson, Louis Bacon and Andreas Halvorsen navigated the global market turmoil of 2008 with little or no damage. They weren’t as successful last monthBloomberg - 998 words
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Article, Illustration1418 2010-06-02 31 KAREN TAN - KAREN TAN The writer is director, Deutsche Bank Private Wealth Management, Hedge Fund Group Source: Edhec AS we ended 2008, it appeared that the hedge fund industry could do no right and many industry watchers were predicting its demise. The industry faced its versionSource: Edhec; AFP - 1,418 words
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Article, Illustration984 2010-06-02 32 GENEVIEVE CUA - Veteran fund manager and Aberdeen stalwart Peter Hames talks to GENEVIEVE CUA about the firm’s investment strategy and why he remains cautious about China GENEVIEVE CUA FOR Aberdeen Asset Management, setting up an Asian fund management office in Singapore in 1992 was aYEN MENG JIIN - 984 words
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1065 2010-06-02 32 Bloomberg [NEW YORK] David Siniapkin, a postal worker in York, Pennsylvania, uses some of his retirement money to trade options. After three years and being down as much as US$10,000, he’s broken even. Mr Siniapkin, 46, said he tries to profit from strategiesBloomberg - 1,065 words
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Advertisement125 2010-06-02 32 522.0°° 10:10 NYSE Market Current iOCBC TradeMobile 0.21° fOCBc rade MobV e ;i Let's talk about smarter trading on the go. Trade global markets anytime, anywhere*. Download iOCBC TradeMobile Singapore's FIRST equities trading app for FREE from Apple App Store. For more information, please contact yourTrading Representive, call our hotline125 words
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