The Business Times, 16 March 2011

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Microfilm: NL31286
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Lock icon Masthead
    26 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sf£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, March 16,2011 8 '*****1 *****4
    26 words
  • Article
    Lock icon Markets spiral downward as threat of radiation rises
    768 1  -  By MICHELLE QUAH [SINGAPORE] Fears of a nuclear crisis in Japan hammered stock markets around the world yesterday, rapidly turning relative calmness the day before into full-blown panic. Yet, even amidst the pandemonium, analysts were drawing attention to buying opportunities calls which
    768 words
  • Article, Illustration
    Lock icon Japan appeals for calm, braces for catastrophe
    947 1  -  Radiation levels spike after blast at third Fukushima reactor, fire at fourth; China to evacuate citizens By in ANTHONY ROWLEY in Tokyo THE devastation wrought by Japan’s massive earthquake and giant tsunami last Friday was joined by a more insidious threat yesterday as
    NYT; AP  -  947 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 HST INDEX 2,946.08 (-84.78) HST INDEX FUTURES 2,940 (-86) HSIMSCI 347.43 (-10.35) HSIMSCI FUTURES 346.90 (-10.60) FOREX US$ S$ US$ (S$ per US$) 1.276 (US$/S$ per 1.608 2.052 EURO (US$/S$/E) 1.393 1.778 Foreign currency per US$ S$ YEN 81.50 63.90 RM 3.059 2.397 HK$ 7.796 6.109 BAHT 30.47
    141 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      361 2 Markets slide as radiation threat rises FEARS of a nuclear crisis in Japan hammered stock markets around the world yesterday, rapidly turning relative calmness the day before into full-blown panic. Yet, amid the pandemonium, analysts were drawing attention to buying opportunities calls which are no doubt largely being
      361 words
    • Article, Illustration
      Lock icon Economists see weaker yen as Japan rebuilds
      650 2  -  Nomura, however, says restoration and reconstruction is positive for currency JAPAN QUAKE FALLOUT By ANNA TEO [SINGAPORE] Even as the fallout from the catastrophe in Japan continues to unfold, early forecasts see a weaker yen in the aftermath. But at least one analysis
      650 words
    • Article
      Lock icon Economic aftershocks hit Singapore hotels
      516 2  -  Major hotels report and expect room cancellations By GRACE LEONG, LINETTE LIM [SINGAPORE] The hotel industry in Singapore is feeling the economic aftershocks of a historic earthquake and tsunami that ripped through the Japanese archipelago last Friday and disrupted the world’s third largest economy. Several
      516 words
    • Article
      Lock icon Nuclear power has its place despite disaster: report
      645 2  -  By VEN SREENIVASAN [SINGAPORE] The unravelling nuclear drama in Japan could cast a long shadow over the future of nuclear power and stoke renewed vigour in the search for alternative clean energy sources. In a report yesterday, global consultancy Frost Sullivan said
      645 words
    • Article
      Lock icon Radiation screening not needed at Changi yet: govt
      350 2  -  By VEN SREENIVASAN [SINGAPORE] While some countries around the region are moving to screen passengers coming from Japan, Singapore and Changi Airport are watching developments closely before taking any measures. A statement by the Singapore government released last night said that the
      350 words
    • Article, Illustration
      Lock icon Ratio of units sold to units launched falls to 64%
      1033 4  -  Some 18,400 private homes could be launched by year’s end; stock of unsold private homes up By KALPANA RASHIWALA [SINGAPORE] Developers launched 1,710 private homes excluding executive condos (ECs) in February 37 per cent higher than in January and up
      Source: URA  -  1,033 words
    • Article
      Lock icon A feast of dim sum bonds
      507 4  -  By LYNETTE KHOO [SINGAPORE] New issuance of yuan bonds in Hong Kong could triple to 180 billion yuan (S$34.7 billion) by the end of this year, according to Royal Bank of Scotland (RBS) analysts. But even with such an accelerated pace, the “dim sum”
      507 words
    • Article, Illustration
      Lock icon Lend Lease, partner selling PoMo at Selegie for $255m
      391 4  -  By KALPANA RASHIWALA [SINGAPORE] Lend Lease and its partner Silverpeak Real Estate Partners are selling PoMo at Selegie Road for $255 million. The buyer is said to be a private equity fund. The transaction is due for completion next month. Lend
      FILE PHOTO  -  391 words
    • Article
      Lock icon Paying the price for a 16-day casino binge
      277 4  -  By GRACE LEONG [SINGAPORE] A governance expert who went missing has had to pay a price for his own lack of self control. South Korean national Lee Pan Seop was last seen at the casino in Marina Bay Sands (MBS) at 3am
      277 words
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      487 2 KPMG Seminar Series Swaps Usage of swaps in different financial markets Date 14 15 April 2011 Time 9.00am to 5.00pm Venue Orchard Hotel Singapore Seminar Fees Client S$918 per participant KPMG Alumni S$918 per participant Non-client S$1048 per participant Group discounts are available for multiple sign-ups from the same organisation:
      487 words
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      Lock icon Page 3 Advertisements Column 1
      976 3 Advertising Feature New Heights Of City Living Cosmopolitan Tanjong Pagar All eyes are on Tanjong Pagar, set to be transformed into a waterfront city that will substantially expand and rejuvenate the present business district. With its strategic location at the fringe of the city and a size of some 300
      976 words
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      1327 4 ROXY-PACIFIC HOLDINGS LIMITED Registration No. *****0135Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Roxy-Pacific Holdings Limited (the “Company”) will be held at Roxy Room 2 3, 4th Floor Grand Mercure Roxy Hotel, Marine Parade Road, Roxy
      1,327 words
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      192 5 Panasonic ideas for life Years of Expertise in Massage Chair Technology IS IT A 0FSI6>MeTi ARWIOMtR THAT OR A fAMASOAJfd MASSAC SOf A rrv o&sj&jjen. U.KiSS® 4 i 1 MP nt Launch promotion at $1,999 (Usual: $2,299) with FREE Sofa Cover. Almond Brown/Coffee Brown FREE $400 NTUC voucher with your
      192 words
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  • COMPANY NEWS
    • Article
      Lock icon Shipping, oil & gas stocks take a hammering
      432 6  - Shipping, oil gas stocks take a hammering Fears grow of Japan disaster hitting major trade routes, global recovery JAPAN QUAKE FALLOUT By CONRAD TAN SHIPPING stocks listed in Singapore slumped yesterday as fears grew of a catastrophic nuclear accident in Japan that would disrupt major trade routes and hurt demand
      432 words
    • Article
      Lock icon SIA’s passenger load factor dips to 75.1%
      400 6  -  Refunds for tickets to Japan bought on or before March 11 By VEN SREENIVASAN SINGAPORE Airlines filled less seats last month than it had in each of nine previous months. A combination of declining passenger carriage and increasing capacity resulted in passenger load
      400 words
    • Article
      Lock icon GLP shares take another hit
      286 6  -  By FELDA CHAY SHARES of Global Logistic Properties (GLP) plunged 3.2 per cent yesterday as the deepening nuclear crisis in Japan threatens to deliver a deadly blow to the country’s economy, leaving investors fearful that the warehouse operator’s business could be affected as Japan accounts
      286 words
    • Article, Illustration
      Lock icon Chipmakers weathering Japan quake well
      419 6  -  STATS ChipPac down 3 cents while Rokko is unchanged By VICTORIA HO CHIPMAKERS in Singapore are holding up while the global semiconductor industry feels the impact of Japan’s earthquake. Following Japan’s 9-magnitude quake last Friday, there have been fears of electronics supply shortages, with companies
      BLOOMBERG  -  419 words
    • Article
      Lock icon Saizen faces delay in replacing default loan
      516 6  -  Credit markets stay tight after massive quake By LYNN KAN SAIZEN Reit foresees finding funding for a loan in default since 2009 to be “delayed” as credit markets remain tight after the 9-scale earthquake in Japan. “Unfortunately, a lot of things will be
      516 words
    • Article
      Lock icon $50m bid to take Qualitas Medical Group private
      421 7  -  Offer of 35¢ a share; acceptance options include all-cash payment By CHEN HUIFEN THE Singapore bourse may see the exit of yet another healthcare play, as a group of investors is offering to buy Catalist-listed Qualitas Medical Group for close to $50
      421 words
    • Article
      Lock icon Keppel Land’s condo site bid the highest
      276 7  -  By EMILYN YAP KEPPEL Land could be close to snagging a private condominium site in Sengkang, putting in the highest bid of $286.8 million or $502 per square foot per plot ratio (psf ppr) when the tender closed yesterday. It narrowly beat a
      276 words
    • Article
      Lock icon Keppel bags US$210m deal
      216 7 KEPPEL Fels a wholly owned subsidiary of Keppel Corporation via Keppel O&M has bagged a US$210 million jackup contract to build a KFELS Super B Class jackup rig for Japan Drilling Company (JDC). The rig is scheduled for delivery in the first quarter of 2013, said
      216 words
    • Article
      Lock icon Freight Links Q3 net profit up 14.4 %
      272 7  - Freight Links Q3 net profit up 14.4 By LINETTE LIM FREIGHT Links Express Holdings’ net profit for the third quarter ended Jan 31 increased 14.4 per cent to $3.75 million. Revenue was $43.44 million, up 38.7 per cent from a year ago. The higher revenue was attributed to “freight rate
      272 words
    • Article
      Lock icon More OCBC loans taken for London residential property
      308 7  -  By EMILYN YAP RISING interest in London residential property has buoyed demand for OCBC Bank’s new loan package, which gives aspiring homeowners a chance to borrow in either Singapore dollars or British pounds. OCBC rolled out the scheme last August, and the
      308 words
    • Article
      Lock icon Can Reits weather the turbulence?
      1035 8  -  HOCK LOCK SIEW By MICHELLE TAN REAL estate investment trusts (Reits) have grown increasingly popular over the years due to their attractive tax-exempt dividend income and greater liquidity as compared to physical property assets. With more people starting to plan for their retirement earlier, many
      1,035 words
    • Article
      Lock icon BOS recommends N Asian equities
      504 8  -  Japan stocks down 14% yesterday in wake of disaster By MINDY TAN THE crash in Asian stocks might be a good time to pick up North Asian equities, according to Marc Van de Walle, Bank of Singapore’s head of product management group. He noted that
      504 words
    • Article
      Lock icon SingPost raises stake in GD Express to 27%
      217 8  -  By MINDY TAN AS part of its strategy to expand its logistics footprint in Asean, Singapore Post (SingPost) has jacked up its stake in Malaysia’s GD Express Carrier Bhd (GDEX) from 4.98 per cent to 27.08 per cent. SingPost said yesterday that
      217 words
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      Lock icon Page 6 Advertisements Column 1
      170 6 A Singapore Brand Conference Y 1 11 "3 PERCEPTION STRATEGY® 5 I I I |TI iDIFFERENTIATIONiUJ 28 TRUST STRATEGY_j j=" I I I KJ I BRAND CONCEPT O Q K jj m TRUST D 00 STRATEGY Thursday, 31 March 2011 Suntec Convention Centre, Ballroom 3 IN THE NEW NORMAL QTRATFSV
      170 words
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      252 8 JPMorgan Global Natural Resources Fund We believe there's only one natural choice for Singapore investors. JPMorgan Global Natural Resources Fund offers easy access to a broad range of energy, metals and mining stocks in a single fund. As the world turns to nature to drive growth, make sure your investment
      252 words
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      52 9 Aud Vorsprung durch Tech nfk GOOD' Big on presence. The next big Audi arrives this Saturday. Visit www.audi.com.sg/audiAl to book your test drive. IN* BL 5649 C J Radio Big Music. Big Prizes. Big Entertainment. Tune in to Radio A1 on Class 95FM from 19 March noon. Weekdays 8-9am 5-6pm.
      52 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI dives to 7-mth low on Japan fears
      592 10  -  Index falls 2.8 per cent in line with HK’s Hang Seng Index with turnover high at $2.4 billion STOCKS R SIVANITHY Senior Correspondent AFTER holding up reasonably well in the first two days following the disaster in Japan, stock markets around the
      Source: Bloomberg  -  592 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 10 Mar 15 VALUE CLOSE BT OB/OS -942.00-689.00 BT CADI -*****.00-449.00 BT 10-day MA -*****.00 -95.00 FTSE ST Mid Cap 726.24 -23.14 FTSE ST Small Cap 515.77 -18.52 FTSE ST All Share 725.83 -21.54 FTSE ST China Top 255.22 -9.15 FTSE ST China 286.95 -10.47 FTSE ST Catalist
      64 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 10 VOLUME Genting SP 203,410,000 Dyna-Mac 104,277,000 Golden Agri 100,848,000 BerlianLaju 71,782,000 GLP 48,238,000 Noble Grp 48,134,000 NexGenSCom 47,335,000 *Genting HK US$ 46,318,000 GMG Global 45,887,000 SingTel 31,302,000 VALUE($) Genting SP 385,146,010 Wilmar 135,467,384 Keppel Corp 113,740,130 DBS Grp 99,207,920 Noble Grp 95,221,460 SingTel 90,693,610 GLP 85,850,740 UOB
      58 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 15 1 0 0 0 2 15 1 Manufacturing 11 140 40 3 12 12 14 152 52 Commerce 4 52 13 1 8 8 5 60 21 Tpt/Stor/Comms 1 36 7
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Oil and Gas Sector
        400 10 OCBC Investment Research, March 15 AS OIL companies around the world look for opportunities in Brazil, West Africa and the Caspian Sea, while keeping an eye on the resumption of activities in the US Gulf of Mexico, it may be worthwhile for investors to start looking
        Source: Bloomberg  -  400 words
      • Article, Illustration
        Lock icon Goodpack
        302 10  -  Compiled by CONRAD TAN March 15 close: S$1.74 DBS Group Research, March 15 GOODPACK’S business model taps into the rubber industry’s increasing preference for using intermediate bulk containers (IBCs) for packaging and transportation instead of wooden boxes. Goodpack’s first-mover advantage has given it market shares of 22 per cent
        Source: Bloomberg  -  302 words
      • Article
        Lock icon Glossary:
        135 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 37,157 37,157 161,397 161,397 Manufacturing 401,359 29,090 430,449 426,159 1,269 427,428 Commerce 162,730 22,464 185,194 185,677 3,103 188,781 Tpt/Stor/Comms 237,586 3,023 240,609 308,479 457 308,936 Finance 44,055 500 44,555 300,114 65 300,179 Construction 60,949 4,256
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 10 Stock name Close Change CapMallsAsia 1.590 -0.080 CapitaLand 3.130 -0.130 CapitaMall 1.750 -0.040 CityDev 10.520 -0.400 ComfortDelGro 1.500 -0.020 DBS Grp 14.080 -0.380 F&N 5.380 -0.240 Genting SP 1.880 -0.070 Golden Agri 0.635 -0.020 HK Land 6.650 -0.180 JMH 45.000 -0.920 JSH 26.560 -0.920 Jardine C&C
      113 words
    • Article, Illustration
      Lock icon Yen, Swiss franc gain in Japan crisis fallout
      472 10 CURRENCIES Reuters [LONDON] The Japanese yen rose against higher-yielding currencies yesterday, as investors slashed positions in riskier assets on growing fears of a radiation catastrophe in Japan following last week’s devastating earthquake. The yen, Swiss franc and US dollar were expected to
      Reuters; AP  -  472 words
    • Article
      Lock icon RISES
      110 10 BY CENTS CLOSE UP DBXT S&P Short 10US$ 4418 88.1 1.6 STI 3100BNPePW*****0 32.5 15.0 85.7 DBXT FTChina25 10US$ 3145 11.5 0.3 SIMSCI360MBePW*****9 39.5 11.0 38.6 STI 3050BNPePW*****0 43 10.5 32.3 DBXT MSBrazil 10US$ 716 8.9 1.0 STI 3100 DBePW*****1 56.5 8.5 17.7 STI 2950 DBePW*****1 45.5 8.0 21.3
      110 words
    • Article
      Lock icon FALLS
      114 10 BY CENTS CLOSE DOWN IS S&P500 *****-328.0 -2.0 DBXT MSJAP 10US$ 3563-294.8 -6.1 DBXT E50 10US$ 4213-202.9 -3.6 IS DJ US Tech 6442-163.3 -1.9 DBXT MSKorea 10US$ 5564-153.1 -2.1 GLD 10US$ *****-151.9 -0.9 DBXT FTVietnam 10US$ 3233-144.2 -3.4 DBXT MSAsExJp 10US$ 3104-135.3 -3.3 JMH 4500-117.4 -2.0 JSH 2656-117.4 -3.3
      114 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
      5 words
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      Lock icon Page 11 Advertisements Column 1
      346 11 Standard Chartered C 9 v. Be rewarded for our time de Due to popular demand, we're bringing you our 12-month Time Deposit and flexible 24-month Step-Up Time Deposit at exclusive interest rates. Simply deposit a minimum of $10,000 fresh funds today. Plus, enjoy a gift of gold when you save
      346 words
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  • SINGAPORE NEWS
    • Article
      Lock icon No jump in job hopping in H2 2010, says MOM
      596 12  -  Though picture doesn’t seem to be worsening, some recruiters are wary By CHUANG PECK MING JOB hopping did not jump in the last two quarters of 2010, at least not in real terms, even as the labour market was still
      596 words
    • Article
      Lock icon FairPrice to have 6 hypermarts islandwide by 2013
      233 12 NTUC FairPrice yesterday announced its plans to open at least two more FairPrice Xtra stores in the coming two years, in addition to the current four. According to FairPrice chairman Ng Ser Miang, having six hypermarkets islandwide will “provide greater access to
      233 words
    • Article, Illustration
      Lock icon Sites at Jurong and Pasir Ris up for sale
      512 12  -  By EMILYN YAP THE Urban Redevelopment Authority (URA) will be putting a 99-year leasehold white site at Jurong Gateway up for tender, after an unnamed developer committed to pay at least $510 million or $532 per square foot per plot ratio
      512 words
    • Article
      Lock icon Case, STB to handle jointly tourists’ retail complaints
      249 12 TOURISTS seeking recourse against unscrupulous retailers can look forward to quicker resolutions now that two agencies have agreed to collaborate. Yesterday, the Consumers Association of Singapore (Case) and Singapore Tourism Board (STB) signed an agreement to co-administer consumerrelated complaints by tourists. This
      249 words
    • Article
      Lock icon New tack for NTU freshmen
      369 12  -  Students will now spend at least 30% of their time on subjects other than their major By KELLY TAY FRESHMEN at the Nanyang Technological University (NTU) can look forward to a more flexible and varied undergraduate educational experience, following a major curriculum makeover. This means
      369 words
    • Article
      Lock icon ‘Run Women Run’ movement kicks off
      174 12 TO celebrate International Women’s Month and International Fitness Week, the Great Eastern Women 10K yesterday launched a movement to promote a healthy lifestyle among women in Singapore. “Run Women Run!” saw more than 140 women join the 1km run around Great Eastern Centre on
      174 words
    • Article, Illustration
      Lock icon Look more to India, SCCCI told
      356 13  -  The country offers ample opportunities if one understands it, says Mr Goh By CHEN HUIFEN THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) should devote more resources to India, says Senior Minister Goh Chok Tong. “India’s economic growth model is not the same
      356 words
    • Article
      Lock icon Retail sales impress with 2.9% gain in Jan
      344 13  -  F&B sales up 7.6%, with growth in all major segments By NISHA RAMCHANDANI RETAIL sales in January this year beat expectations to climb 2.9 per cent over January 2010. Excluding motor vehicles, sales powered ahead by 15.6 per cent, data released by
      344 words
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      81 12 Hung Kang's Birthday Set Menu, for many more birthdays to come. AS < 7-yf** >• Birthday Celebration Bun Shark's Fin Soup with Seafood and Crab Meat Surimi Four Varieties Combination Steamed Pomfret Teochew Style Barbequed Suckling Pig Crispy Prawns with Cereal and Mayonnaise Cream Stewed Vegetables with Mushrooms Longevity Noodles
      81 words
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      332 13 SMU Sim Kee Boon Institute for Financial Economics s r* r r i I k Brought to you by the Sim Kee Boon Institute for Financial Economics Speakers: Alan Bollard Governor, Reserve Bank of New Zealand Charles Goodhart Director, Regulation and Financial Stability Research Programme, Financial Markets Group and Emeritus
      332 words
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      173 14 aaa a r r r a: a,... a,, a aa::aa a a r aaaa:taa a avaataaaa a rr a r a,. r a,. aa r a r r r a: a,. a„: a:a: r aaa aa:.aa a r T a r «a r aaaa::aa a ibjTIVV ►B B i :M
      173 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon ECB’s inflation stance gets market support
      447 15 2-year interest rate swap spread narrows as Trichet hints at rate hike Bloomberg [NEW YORK] Investors in German derivatives are signalling increasing confidence that European Central Bank president Jean-Claude Trichet will be able to contain inflation while helping to keep the region’s most indebted
      Bloomberg; BLOOMBERG  -  447 words
    • Article
      Lock icon Japan’s rebuilding set to add new factor to Aussie rate picture
      481 15 Bloomberg [SYDNEY] The rally in Australian government debt prices that pushed money market rates to the lowest in six months is in jeopardy of reversing once Japan ramps up purchases to rebuild from its strongest earthquake on record. Yields
      Bloomberg  -  481 words
    • Article
      Lock icon BG Group to invest US$30b in Brazil
      251 15 Reuters [BRASILIA] BG Group will invest up to US$30 billion in Brazil over the next decade, seeking to tap fast-growing reserves of crude and natural gas in Latin America’s biggest economy, chairman Robert Wilson said on Monday. The London-based oil and gas group,
      Reuters  -  251 words
    • Article
      Lock icon Investors speak out against US budget deficit
      483 15 Restoring fiscal sanity seen as bad for markets but alternative could be worse Bloomberg [BOSTON] As signs of a sustained US recovery increase, so do the ranks of big-name investors warning that economic growth will be undercut by the rising federal budget deficit.
      Bloomberg  -  483 words
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      106 15 Finance new opportunities That’s what commercial lenders can do when they’re smart about managing risk.And smart lenders can seed innovative new businesses by working with CME Group,the world’s leading derivatives marketplace.Emerging growth companies and financial institutions around the world come to us to manage virtually every kind of risk.Interest rate
      106 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Privatisation of BRetail unlikely to set trend
      437 16 Vincent Tan’s firm being taken private less than 7 months after its debut New Straits Times [KUALA LUMPUR] Newlylisted companies are not expected to follow Berjaya Retail Bhd’s (BRetail) “quick” privatisation route, even though more than half of some 35 companies listed since
      New Straits Times  -  437 words
    • Article, Illustration
      Lock icon Rubber nations to meet on price support
      457 16 Reuters [BANGKOK] The world’s top rubber producing countries Thailand, Indonesia and Malaysia are to hold an urgent meeting to seek ways to support prices, which have collapsed this month, a senior industry official said yesterday. The meeting this week will be coordinated by
      Reuters; BLOOMBERG  -  457 words
    • Article
      Lock icon Bomb blast in moderate Islamic group’s office
      232 16 AFP [JAKARTA] A bomb exploded at the office of a moderate Islamic group in the Indonesian capital yesterday, injuring four people including a policeman, police and a witness said. The device was in a package sent to the office of the Liberal Islam
      AFP  -  232 words
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      326 16 WINE DINE AND HOSPITALITY HIRA*iSr^ >v>> v. T it >■ "wi' 4 ImL m+ t SAVOUR THE MUCH-ACCLAIMED HONEY GLAZED HAM, PERFECTED THROUGH 30 YEARS OF EXPERIENCE EVERY ONE A FAVOURITE. EVERY FAVOURITE A WANT. Celebrate your Sundays with our Master Chefs' signature bestsellers and free flow of champagne for
      326 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Analysts take the measure of China’s grand housing plan
      639 17 One thinks it could spark the greatest consumption story in modern history Reuters [BEIJING] Launching the world’s largest housing investment scheme seems like a roundabout way for China to rebalance its economy, but it should eventually generate the extra consumption long
      Reuters; BLOOMBERG  -  639 words
    • Article
      Lock icon Interest rate swaps take a dive
      359 17 Reuters [BEIJING/SHANGHAI] Chinese interest rate swaps fell sharply across tenors yesterday, as the market expected the central bank to keep relying on open market tools rather than raise interest rates or reserve requirements in the near term. Instead of signalling an imminent move on
      Reuters  -  359 words
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      303 17 DFFSHDRE ASl/c. 6th Annual Conference Exhibition 29-31 March 2011 Sands Expo Convention Center Marina Bay Sands, Singapore www.offshoreasiaevent.com EMERGING TRENDS. CURRENT SOLUTIONS. REGISTER TODAY An exclusive source of information for the industry for over 5 years, the event provides a unique platform for success. Whether you seek the latest product
      303 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Foreign investment in China climbs 32.2% in Feb
      487 18 US$7.8 billion inflow brings total for first two months to US$17.8b, up 27.1% Bloomberg [BEIJING] Foreign direct investment in China climbed in February, indicating investor confidence in the world’s second-biggest economy as Premier Wen Jiabao vows to boost household incomes. Investment rose
      Bloomberg  -  487 words
    • Article, Illustration
      Lock icon India cotton output headed for record year
      369 18 Bloomberg [DUBAI] Cotton output in India, the world’s secondlargest producer, may rise to a record for a second straight year as a rally in prices spurs farmers to boost planting, traders said. Output could reach 40 million bales in the 2011-2012 season, said
      Bloomberg; BLOOMBERG  -  369 words
    • Article
      Lock icon Quake a temporary drag on China, says paper
      510 18 But economists warn that short-term impact can be severe Reuters Xinhua [BEIJING] Japan’s massive earthquake will throw a wrench in global supply chains, but this will only be a temporary drag on the Chinese economy, the official newspaper of China’s commerce ministry
      Reuters; Xinhua  -  510 words
    • Article
      Lock icon Japan catastrophe threatens Singh’s nuclear energy dream
      468 18 Bloomberg [NEW DELHI] Manmohan Singh, who risked his premiership to secure India’s access to atomic reactors and supplies, faces opposition to his US$175 billion investment plan after Japan’s strongest earthquake triggered a nuclear accident. Inspectors will review safety at India’s 20 nuclear reactors,
      Bloomberg  -  468 words
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      194 18 \sSUNDAY BRUNCH EQUINOX RESTAURANT 27 March 24 April S$148++ per person Free-flow of Moet Chandon Rose Champagne. Be tickled pink by Cocktail Architect Richard Gillam's free flow of cocktails. All-new brunch buffet spread. Enjoy Pastry Chef Ming's masterful pink desserts. For reservations and enquiries, please call 6837 3322 or email
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  • WORLD
    • Article, Illustration
      Lock icon Gaddafi’s forces pound key city in eastern Libya
      653 19 Airstrikes seek to isolate rebels in Ajdabiya AP [TOBRUK, Libya] Muammar Gaddafi’s military blasted rebels with airstrikes and bombardment from warships, tanks and artillery in an overwhelming display of fire-power yesterday, trying for the first time to take back a city in
      AP; REUTERS  -  653 words
    • Article
      Lock icon Nasdaq’s bid for NYSE Euronext based on cost cuts, not size
      740 19 It is working with ICE on an offer to rival Deutsche Boerse’s bid, say sources Bloomberg [NEW YORK] Nasdaq OMX Group Inc, so far absent from the wave of mergers that has swept equity exchanges around the world, may
      Bloomberg  -  740 words
    • Article, Illustration
      Lock icon Renault bosses apologise to wronged execs
      726 24 Meanwhile, an agent has been charged with fraud, accused of inventing claims Reuters AP [PARIS] Top Renault bosses made a public apology to three executives falsely accused of industrial espionage and pledged to forgo their bonuses after the Paris prosecutor said the case was
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    • Article
      Lock icon Microsoft releases latest version of IE free online
      353 24 It hopes to fend off recent challenges by Firefox and Google AFP [AUSTIN, Texas] Microsoft released the latest version of its Internet Explorer Web browsing software free online late on Monday, hoping to fend off recent challenges by Firefox and Google Chrome.
      AFP  -  353 words
    • Article
      Lock icon Bahrain declares state of emergency
      472 25 Second contingent of Gulf forces arrives to support govt following protests Bloomberg [RIYADH, Saudi Arabia] Bahrain has declared a three-month state of emergency as a second contingent of forces from the Gulf states poured into the kingdom to support its government following persistent protests. King
      Bloomberg  -  472 words
    • Article
      Lock icon Investors explore openings in Egypt, Tunisia
      416 25 Reuters [WASHINGTON] Fallen dictatorships in Egypt and Tunisia have opened up investment opportunities once seen by companies as only available to the politically connected, a top official from the World Bank’s political risk insurance arm said on Monday. James Bond, chief operating officer of
      Reuters  -  416 words
  • Page 19 Advertisements
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      167 19 A Pump ud the Emerging Eif olume of success with ;rprise Award 2011 1 .S3 Be one of the top three to amplify your business with coveted prizes The maestro of multimedia products and creator of the award-winning X-mini® Capsule Speaker®, Xmi Pte Ltd made waves with the "Best Innovation
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  • JAPAN QUAKE FALLOUT
    • Article, Illustration
      Lock icon Power gap could sap Japan’s recovery
      617 20 Country may be in a ‘power down’ state for a protracted period: economist Reuters [SYDNEY] Japan’s earthquake has left a gaping hole in the nation’s power capacity that looks set to last months, threatening to make economic recovery far more feeble than hoped. The
      Reuters; AP  -  617 words
    • Article
      Lock icon Govt seed money for S’pore Red Cross relief efforts
      395 20  -  Items like blankets, bottled water in short supply By NISHA RAMCHANDANI [SINGAPORE] The Singapore government is giving $500,000 as seed money to the Singapore Red Cross to help support relief efforts to disaster-struck areas in Japan. The Singapore Red Cross has
      395 words
    • Article, Illustration
      Lock icon In tragedy, Japan impresses the world
      550 21 AFP [WASHINGTON] Despite the horrific scenes of destruction, Japan may emerge from its quake-tsu-nami disaster with a stronger international brand name as the nation’s resilience wins wide praise. TV stations around the world have broadcast the footage of the seismic waves as they razed
      AFP  -  550 words
    • Article
      Lock icon Quake takes the shine off luxury stocks
      605 21 Analysts cite sales impact on top houses with big Japan presence Reuters [NEW YORK] Luxury stocks worldwide were hit by worries about the long-term sales impact of the massive earthquake in Japan, the third-largest luxury goods market and a major contributor to results
      Reuters  -  605 words
  • Page 20 Advertisements
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      187 20 There Are Some Things In Life For Which You'll Never Compromise Your health is clearly one of them, and we understand. That's why Paragon Medical is home to a total of over 60 medical specialists, ensuring you get the best of care to stay in perfect health. MEDICAL SERVICES: Aesthetics/Cosmetic
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      168 21 SPECTACULAR VIEWS. UNRIVALED LOCATION. REDESIGNED LUXURY. Designed to soothe your senses, the newly refurbished rooms at The Ritz-Carlton, Millenia Singapore are the height of taste, comfort and state-of-the-art technology. With an incomparable location right in the heart of Marina Bay and a short scenic stroll to the Integrated Resort, spectacular
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  • Page 22 Advertisements
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      2157 22 VOLUNTARY CONDITIONAL OFFER by CIMB Bank Berhad (*****-P) Singapore Branch (Incorporated in Malaysia) for and on behalf of Qualitas Healthcare Holdings Limited (Incorporated in the Republic of Singapore) Company Registration No. *****3874W to acquire all the issued ordinary shares in the capital of Qualitas Medical Group Limited (Incorporated in the
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      Lock icon Page 22 Advertisements Column 2
      3031 22 (ii) DMC Irrevocable Undertaking. The Offeror has also obtained an irrevocable undertaking dated 14 March 2011 from DMC (the “DMC Irrevocable Undertaking”), that in the event he elects to accept DMCA Consideration Shares as part of the consideration under the DMCA SPA, he irrevocably undertakes (a) to accept the Offer
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      1902 23 (a) transfer all or any part of his Offeror Shares (including any New Offeror Shares received pursuant to his acceptance of the Offer) to any other person for as long as he is employed by QMGL or any of the subsidiaries of QMGL; and (b) for as long as he
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      Lock icon Page 23 Advertisements Column 2
      1613 23 (ii) a premium of approximately 25.27 per cent. over the volume weighted average price (“VWAP”) of approximately S$0.2794 per Share on the SGX-ST for the one-month period prior to the release of this Announcement; (iii) a premium of approximately 49.13 per cent. over the VWAP of approximately S$0.2347 per Share
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      2568 24 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. UBS (Lux) Key Selection SICAV Registered office: L-1855 Luxembourg, 33A, avenue J.F. Kennedy R. C. Luxembourg B 88.580. Notice is hereby given to the shareholders that an EXTRAORDINARY GENERAL MEETING of the shareholders of UBS (Lux) Key Selection SICAV (the «Company») will be
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      136 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ISLAND INTERNATIONAL (S) PTE LTD (Co. Reg. No.: *****1129G) (In Members’ Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a final meeting of the members of the
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      2471 25 :»ATci BUY IT• SELL IT• FIND 11 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg FALMAC LIMITED (Company Registration No. *****3718R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting (“AGM”) of FALMAC LIMITED will be held at Asiasons WFG Financial
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      2052 25 iyj TUAN SING HOLDINGS LIMITED mm (Incorporated in the Republic of Singapore) (Company Registration No.: *****0130M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 41 st Annual General Meeting of Tuan Sing Holdings Limited (the "Company") will be held at the NTUC Centre, No. 1 Marina Boulevard,
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  • TransportHUB
    • Article, Illustration
      Lock icon Freight rates set to fall after rally
      655 26 Glut of idled vessels made worse by expected weak demand from Japan Bloomberg [LONDON] The rebound that more than doubled commodity freight costs in two weeks is peaking as idled ships haul anchor and compete for cargoes of iron ore and coal. There
      Bloomberg; REUTERS  -  655 words
    • Article
      Lock icon Dubai World unit nears US$2.2b loan deal
      431 26 Reuters [DUBAI] Drydocks World (DDW), a unit of debt-rid-den Dubai World, expects to complete the restructuring of a US$2.2 billion loan by April 30 and does not require government support, its chairman said yesterday. “We are in the final stages of restructuring for
      Reuters  -  431 words
    • Article
      Lock icon Tanker rates seen rising on strong demand
      505 26 But market may fall temporarily as quake impact hits Reuters [SINGAPORE] Rates for oil product tankers on key Asian freight routes are expected to be mixed this week as Japanese demand for diesel and jet rises after the devastating earthquake, while naphtha needs
      Reuters  -  505 words
    • Article
      Lock icon Japan will rebound from worst disaster since 1945
      788 26  -  STRAIT TALK By DAVID HUGHES AS THIS column is being written, the true extent of the disaster that has hit Japan is starting to become apparent. It is a catastrophe that came from the sea but its worst effects were largely felt
      788 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 26 SGX '000 Mar 15 S$ +/-Vol CH Offshore 0.43 -0.01 262 Chuan Hup Hldg 0.22 -0.02 314 Cosco Corp 1.84 -0.08 ***** CWT Ltd 1.16 -0.03 3416 Ezra Hldgs 1.65 -0.06 5294 First Ship Lea 0.41 -0.01 1563 Freight Links 0.06 unch 9161 Grand Banks 0.36 0.01 2
      278 words
    • SEA ASIA 2011
      • Article, Illustration
        Lock icon Rig makers poised for robust year
        1289 27  -  Oil price rise and resumption of deepwater drilling are among factors that will boost the sector, reports VINCENT WEE reports VINCENT WEE This is the third in a five-part series brought to you by Sea Asia 2011 THE global financial crisis and last year’s
        1,289 words
    • TRANSPORT HUB: AVIATION
      • Article, Illustration
        Lock icon Boeing monitors Japan suppliers
        625 28 It says enough stock to keep production of 787 jets steady for a few weeks Bloomberg [SCOTTSDALE] Boeing Co, reliant on Japanese suppliers to build 35 per cent of its 787 Dreamliner, has enough stock to keep production steady for weeks as its partners assess the
        Bloomberg; AFP  -  625 words
      • Article
        Lock icon Chicago, carriers reach US$1.2b airport deal
        465 28 AP [CHICAGO] The city of Chicago and two major airlines announced a nearly US$1.2 billion deal on Monday to go ahead with parts of a long-planned expansion for O’Hare International Airport, one of the world’s busiest air traffic hubs. That means construction of a
        AP  -  465 words
      • Article
        Lock icon Elop sees anti-missile system as its main growth driver
        330 28 Bloomberg [JERUSALEM] Elbit Systems Ltd’s Elop electro-op-tics unit said that a product that it is developing to defend planes from portable missiles may be a main source of growth in coming years as airlines and pri-vate-jet operators adopt the system. “This
        Bloomberg  -  330 words
      • Article
        Lock icon Broker slashes forecasts for AirAsia, MAS
        482 28  -  Hwang-DBSVickers sees risks from oil hikes, weaker yields By PAULINE NG in Kuala Lumpur A STOCKBROKER believes the current geopolitical crisis in North Africa and the Middle East could lead to a repeat of 2008 where airlines took a hit on soaring oil prices
        482 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        3371 28 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 JL5083 2220 MU8214 2220 QF82 2220 --LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293 0710 SQ531
        3,371 words
    • TRANSPORT HUB: LAND
      • Article
        Lock icon When Japanese car plants hit the brakes
        555 29 Devastation in Japan highlights intricacies of the global motor supply chain AP [WASHINGTON] American consumers should not see a shortage of supply from Japanese carmakers such as Toyota, Honda and Nissan, even as they halted production in Japan for most of the week
        AP  -  555 words
      • Article, Illustration
        Lock icon Audi has big plans for small model
        623 29  -  A1 to eventually account for 10% of global sales By SAMUEL EE THE Audi A1 is integral to Audi’s overall growth strategy and the German premium marque is aiming for the new supermini to eventually account for 10 per cent of global sales.
        623 words
      • Article, Illustration
        Lock icon Launched: A group-buying website for motorists
        259 29  -  By SAMUEL EE TWO tertiary students have started what is probably Singapore’s first auto-relat-ed group-buying website (www.joompr. com. sg), offering deals on everything from new cars to accessories plus a discount. Joompr managing partner James Lieow says his platform “offers our customers the benefit
        259 words
  • Page 26 Advertisements
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      91 26 a i) VO h Sup Title Natas Travel 2011 Spring Sensations Holiday Fiesta Travel Malaysia May 2011 Value Vacations Natas Holidays 2011 Autumn Delights Travel Malaysia Nov 2011 HolidayEscapad^_ 20 SPH Travel Supplements TIT IsfS Feb 24 25 Mar 22 24 Apr 12 14 May 13 14 (New) Jul 12
      91 words
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      459 27 Principal Sponsors Organisers Held in conjunction with Endorsed 12-14 April 2011 Marina Bay Sands® Singapore THE ASIANVOICE IN WORLD SHIPPING Over 50 Industry experts have been lined up to take stock and examine the effects of the past few difficult years and see where we are headed next. Find out
      459 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      334 28 CRYPTIC CROSSWORD Across 1 Drug seller’s cut cocaine hits me badly (7) 5 Fish’s a kipper (7) 9 Lay a rug with regret, on reflection (7) 10 Giving the green light to what the landlord is doing? (7) 11 Convinced to change ties if wearing blue (9) 12 Permitted to
      334 words
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      261 29 Sen ercator .ines (Singapore) Ltd r Lines (Sii FJ B qcific Ltd ss Limited Interra Resource cations ransportatior, Ltc iMulti-C enjamin Singapore Technologies Engineering CapitaRetail China Trull SoilbLliJu GrOLtl Ascott Residence TrustJat JHOnq. Holclin'l Rotating,neenpgMjffge ?nca rie ,ve Ltd Ascott Group Limited china bnersa impanvLtdQian Hu Corporation Lial )nal 1_tc|Chosen
      261 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Nuclear energy, post-Fukushima
      458 30 EDITORIAL AS Japan deals with a nuclear crisis triggered by a devastating earthquake and tsunami, the future of nuclear energy around the world suddenly appears bleak. The crisis at the Fukushima nuclear complex has highlighted the safety risks associated with operating nuclear plants and has already prompted
      458 words
    • Article, Illustration
      Lock icon China political reform not likely during Wen’s tenure
      776 30  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter @FrankChing1 CHARACTERISTICALLY and predictably, after calls for “Jasmine rallies” to demand a government supervised by the people, an independent judiciary and an end to
      776 words
    • Article, Illustration
      Lock icon It’s time to reclaim S’pore Inc for business
      1073 30  -  The private sector should take back the rallying cry of a unifying country branding By KOH BUCK SONG in Melbourne The writer is a consultant in branding, editorial and corporate social responsibility. His latest book, Brand Singapore: How Nation Branding Built Asia’s
      APB  -  1,073 words
    • Article, Illustration
      Lock icon Why Facebook will continue to rise in value
      521 31  -  By ROBERT CYRAN REUTERS BREAKINGVIEWS FACEBOOK has to work hard to justify its soaring valuation. Inserting itself as a financial middleman by offering Time Warner flicks online for “Facebook Credits” is a good start. But while movies, games and books may be
      REUTERS  -  521 words
    • Article, Illustration
      Lock icon Putting a precise price tag on CSR
      1375 31  -  Companies can get it right by being transparent not only to customers and workers, but also to shareholders By THEO VERMAELEN The writer is professor of finance at INSEAD INSEAD Knowledge CORPORATE social responsibility (CSR) remains a misunderstood, sometimes controversial, issue in spite
      INSEAD Knowledge; REUTERS  -  1,375 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8593 32 Transaction date: Mar 15 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 16.5 -0.5 198 16.5 16.5 16.5 17 7.8 3.7 3.5 79 12 4.5 A-Sonic 6.5 -0.5 1464
      8,593 words
    • Article
      Lock icon SGX CATALIST
      1664 33 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 4.5 21.4 4.3 225 130 t APStrategic 170 158 170 100.9 1.5 0.5 t Advanced System 0.5
      1,664 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9558 33 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.32/ APS Alpha Fund (USD)!** 1.04/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,558 words
    • Article
      Lock icon GLOBALQUOTE
      232 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A50.5cd 50 55 3.6 6.9 4 131.5 55 16 Genting HK US$ US36.5 -2.5 ***** 38.5 36 36.5 37 2403.3 21 8 Over&Gen A14
      232 words
    • Article
      Lock icon SGX ETF
      888 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.8 112 113 510.3 1070 761 CIMBAsean40 100US$ US1000 -10 2 1014 1000 976 1000 40 350 270 DBS STI
      888 words
  • Page 32 Advertisements
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      66 32 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 B1-19 THE SHOPPES AT MARINA BAY SANDS (65) 6634 8825 SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 THE SHOPPES AT MARINA BAY SANDS (65) 6634 9782 VIVOCITY (65) 6278
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 34 In local curr In S$ In US$ dy yr dy yr dy yr Mar 14 Index Change Change Change Change Change Change World Index Preliminary 899.9 -1.7 0.2 -1.6 0.2 -1.4 1.2 EAFE Preliminary 785.2 -2.3 -2.0 -1.8 -1.0 -1.7 0.0 Europe Preliminary 1161.5 -1.0
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 34 Mar 15 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.38 0.28 2 months 0.42 0.32 3 months 0.46 0.36 6 months 0.58 0.48 9 months 0.80 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 34 Mar 15 S$ Bid Offer 1-month 1.2760 1.2761 2-months 1.2758 1.2760 3-months 1.2757 1.2758 6-months 1.2752 1.2754 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      149 34 Mar 15 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 430.0 430.0 430.0 1 May 11 440.0 425.0 439.0 28 Jun 11 440.0 425.0 439.0 28 Jul 11 439.0 Aug 11 440.0 435.0 439.0 20 Sep 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 34 Mar 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 16.06.2011 0.30 1-Year BY*****N 01.11.2011 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.53 102.58 102.58 5-Year N*****0S 2.875 01.07.2015 107.92 108.05 107.85
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    • Article
      Lock icon CHICAGO BOT
      107 34 Mar 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1329.00 1326.50 1332.50 1311.50 May 11 1340.00 1334.50 1342.50 1317.50 Jul 11 1348.00 1342.50 1350.50 1325.50 Aug 11 1343.50 1336.25 1344.75 1322.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 55.27
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 34 CRUDE OIL PRODUCTS Mar 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.20 -0.97 WTI (Near Mth) 101.20 0.28 Dubai (1-Mth F) 105.11 -2.95 Tapis blend 116.38 -2.56 Minas 112.78 -2.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.56 -2.22 Jet Kerosene 130.90 0.20 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2698 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 20.5 -2 153 1 10 -6 1.59 56 Asia-Pacific Strategic W*****6 28.5 0.5 1 1 150 5 5.96 38 ASJ Hldgs W*****1 1 unch 200 1 4 11
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 Mar 15 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.321 1.247 Can dollar 1.326 1.275 Euro 1.808 1.739 Sterling pound 2.089 2.009 NZ dollar 0.963 0.918 US dollar 1.286 1.237 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 34 Mar 15 Source: MF Global (S) Pte. Ltd Open High Sett STI Mar 2940 SIMSCI Mar 358.0 359.3 346.9 Taiwan Mar 302.8 303.2 293.9
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    • Article
      Lock icon PALM OIL
      67 34 Mar 15 Source: Bernama KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3300 3300 3300 3300 4 753 Apr 11 3342 3428 3446 3288 3003 9626 May 11 3250 3385 3420 3250 ***** ***** Jun 11
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      475 34 Mar 15 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6400 0 2107 Sep11 99.5850 0 4014 Dec11 99.5050 0 3950 Mar12 99.3600 0 1411 EUROYEN TIBOR FUTURES Jun11 99.6700 10 2945 Sep11 99.6625 0 866 Dec11 99.6475 101 1936 Mar12 99.6950 99.6950 99.6850 99.6200 200
      475 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 34 Mar 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.975 6.539 0.714 7.758 45.001 87.404 0.811 11.295 3.044 1.357 85.006 43.622 1.270 6.838 0.917 29.404 30.317 0.619 0.995 Canada 1.025 6.704
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    • Article
      Lock icon SIBOR
      85 34 Mar 15 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      138 34 Mar 15 GOLD (US$/oz) Mar 14 Mar 15 Hong Kong 1426.00 1417.00 Mar 11 Mar 14 London 1409.56 1426.85 1410.33 1427.55 Source: Thomson Reuters CAST BAR Mar 15 (S$) Selling Buying Kilobar 62,122.06 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 139 58 5gm 395 290 10gm 706
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    • Article
      Lock icon LONDON METALS
      71 34 Mar 14 Mar 14 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2525.00 2512.00 3 months 2558.00 2545.00 Copper, Grade A (US$/tonne) Cash 9172.75 9172.00 3 months 9190.00 9190.00 Lead (US$/tonne) Cash 2533.75 2439.50 3 months 2519.00 2427.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 34 Mar 14 COCOA (£/tonne) Close Prev High/Low Mar 11 2170 2216 2257/2176 May 11 2184 2226 2268/2179 Jul 11 2164 2206 2242/2161 Sep 11 2152 2191 2228/2152 COFFEE (US$/tonne) Close Prev High/Low Mar 11 2349 2380 2350/2330 May 11 2390 2421 2413/2355 Jul 11 2346 2404 2395/2335 Sep 11
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 34 Mar 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2696 1.2703 0.9949 0.9954 Canadian dollar 1.3016 1.3024 1.0200 1.0205 Euro 1.7774 1.7779 1.3928 1.3931 NZ dollar 0.9353 0.9358 0.7329 0.7333 Sterling pound 2.0513 2.0519 1.6075 1.6078
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  • Article
    Lock icon SHIPPING TIMES
    6207 35 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN 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 Camden/New Orleans/Tampico Destination JIMBLOOM Muscat/Sharjah/Doha/Dammam *Loads
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      133 37 Are you looking for 100% capital security? And the potential to Earn unlimited returns? (historically 10% p.a. as quoted on Bloomberg®) > |i six PENCE; jl The 6d IR Official, catalogued at £85,000 in 2000, SOLD by Stanley Gibbons in June 201 0 for £375,000. Rare stamps one of the
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      Lock icon European blue chips look good for US investors
      705 37 NYT [NEW YORK] For many American investors, European stocks were an afterthought last year, as a growing debt crisis threatened to upend economic recovery on the continent. But in recent months, European shares have rebounded. Even as European leaders grapple for a
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      Lock icon Shifting fund flows are like a balancing act
      980 37  -  Flows from emerging to developed markets present good opportunity for long-term investors MONEY MATTERS HAREN SHAH The writer is senior investment strategist, wealth management, Citi Asia Pacific THE tide of fund flows into the emerging markets is receding. The reverse is happening
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      Lock icon S’pore scores in mutual funds
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      Lock icon Fund managers bullish on equities: survey
      495 38  -  By GENEVIEVE CUA A SURVEY of global fund managers by HSBC in the first quarter found them uniformly bullish on equities, and on North American equities in particular. But it is unclear how this view might have changed with the Middle East tensions and
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