The Business Times, 6 June 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-06-06
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-06-06 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Wednesday, June 6, 201225 words
-
Article, Illustration574 2012-06-06 1 VEN SREENIVASAN - International operations eat into profits; stock price hits 16-year low By VEN SREENIVASAN [SINGAPORE] Qantas shares nose-dived almost 20 per cent to a 16-year low yesterday after the airline said that it would record a net loss this financial year on a 91Source: Bloomberg - 574 words
-
MARKETS DIGEST
-
Article110 2012-06-06 1 GST INDEX 2,712.31 (+13.41) GST INDEX FUTURES 2,713 (+14) GSIMSCI 311.08 (+1.74) GSIMSCI FUTURES 311.30 (+1.40) us$ s$ US$ (S$ per US$) 1.288 (US$/S$ per 1.534 1.977 EURO (US$/S$/E) 1.245 1.604 Foreign currency per US$ S$ YEN 78.20 60.70 RM 3.198 2.482 HK$ 7.759 6.022 BAHT 31.66 24.57 RUPIAH110 words
-
Article17 2012-06-06 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.433 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg17 words
-
-
902 2012-06-06 1 FELDA CHAY - Investors rush in, seeking huge rentals, but big supply in pipeline may hit yields By FELDA CHAY [SINGAPORE] A sudden rush for industrial properties and the high value investors are placing on them have alarmed some market players. They wonder if these investors know902 words
-
Page 1 Advertisements
-
Advertisement34 2012-06-06 1 S’PORE ECONOMY PMI returns to expansion mode in May PAGE 2 *****1 *****4 TransportHUB New Opel dealer invests $25m I PAGE 21 STRAIT TALK: Catching a river show in the rain I PAGE 1934 words
-
Advertisement89 2012-06-06 1 SINGAPORE ARTS FESTIVAL BT arts writers’ tongue-in-cheek wrap-up PAGE 18 www.juliusbaer.asia My name: Edwin My occupation: Plantation owner My passion: Tea My dream: Serve health to the world in a cup oftea My private bank: Julius Baer, because they cultivate relationships based on trust Julius Baer, the leading Swiss private89 words
-
Advertisement9 2012-06-06 1 EURO DEBT Global markets in a dilemma PAGE 149 words
-
Advertisement11 2012-06-06 1 EXEC MONEY Beware the bear bug; invest with caution PAGE 3011 words
-
-
TOP STORIES
-
Article, Illustration676 2012-06-06 2 SIOW LI SEN - But they must first tackle the challenge of going beyond their usual markets WORLD ISLAMIC BANKING CONFERENCE ASIA 2012 Reports by SIOW LI SEN TRADE between the Middle East and Asia is in the hundreds of billions of dollars and with Europe in676 words
-
570 2012-06-06 2 SAMUEL EE - By SAMUEL EE [SINGAPORE] Despite the looming COE shortage, motor distributors expect premiums to stay largely flat today because most consumers are wary about the economy and they are under the impression that more COEs will be released from August onwards. “Over the570 words
-
479 2012-06-06 2 TEH SHI NING - But halting recovery ahead as uncertain manufacturers keep inventories lean By TEH SHI NING [SINGAPORE] Singapore may have bucked the worldwide trend of falling purchasing managers’ indices (PMI) in May, but economists expect the manufacturing recovery here to proceed haltingly in coming months.479 words
-
371 2012-06-06 2 Priority is reducing currency’s volatility, says central bank [SINGAPORE] The most exciting moment at yesterday’s Islamic finance conference here was the noshow by Bank Indonesia (BI) deputy governor Halim Alamsyah as the volatility of the rupiah made his presence in Jakarta more critical. BI371 words
-
Article341 2012-06-06 2 Bubble alert: watch this (industrial) space A SUDDEN rush for industrial properties and the high value investors are placing on them have alarmed some market players. They wonder if these investors know what they are getting into. Experts warn that the returns from rentals expected by these investors341 words
-
Article88 2012-06-06 2 Correction clarification IN “Radiance shareholders urged to back RTO” (BT, June 2), we gave the wrong dilution figure for minority shareholders’ stake. It should be reduced to a third, not by a third. We are sorry for the error. The company has also clarified that the sales figure of US$25088 words
-
427 2012-06-06 3 Sports Toto Malaysia to become new business trust in Singapore; total deal worth RM6b [KUALA LUMPUR] Berjaya Sports Toto Bhd, a Malaysian lottery operator, plans to list its Sports Toto Malaysia Bhd subsidiary on the Singapore Exchange, according to a statement. Berjaya427 words
-
564 2012-06-06 3 NISHA RAMCHANDANI - 2-hour delay fails to dampen spirits of passengers on SIA carrier’s first flight By NISHA RAMCHANDANI in Sydney BUDGET carrier Scoot, which saw a slightly rocky start to its inaugural voyage to Sydney on Monday, is launching flights to Tokyo and Taipei564 words
-
Article278 2012-06-06 3 Pictet-Absl Rtn Glo Cons-P EUR 01.06.2012 EUR 103,59 Pictet-Absl Rtn Glo Div-P EUR 01.06.2012 EUR 116,43 Pictet-Asian Equities Ex Japan-P USD 01.06.2012 USD 151,05 Pictet-Asian Local Currency Debt-P USD 01.06.2012 USD 145,27 Pictet-Biotech-P USD 01.06.2012 USD 328,22 Pictet-Clean Energy-P USD 01.06.2012 USD 58,49 Pictet-Digital Communication-P USD 01.06.2012 USD 134,35278 words
-
-
Page 2 Advertisements
-
Advertisement40 2012-06-06 2 LGT your private bank in Asia. Integrity. Stability. Performance. Combining traditional private banking with state of the art investment advice. Singapore, Phone +65 64 15 38 00 Hong Kong, Phone +852 2868 0201 www.lgt.com 4 25 Asia LGT Private Banking40 words
-
-
Page 3 Advertisements
-
Advertisement1184 2012-06-06 3 /Ws' V X fir X ■*N Ph w iflf > V- L- \j f V fe 5 4n i LA V More rewards await new HSBC customers There is no better time than now to start a relationship with us by placing a time deposit. Sign up today and earn1,184 words
-
-
COMPANY NEWS
-
Article, Illustration366 2012-06-06 4 MICHELLE TAN - Securities trading volume up 34% but daily average value fell 20% By MICHELLE TAN THE Singapore Exchange (SGX) said that the volume of its derivatives business continued to see growth last month to 6.9 million contracts, up almost 40 per cent year onFILE PHOTO - 366 words
-
Article256 2012-06-06 4 Reuters [WELLINGTON] Australia’s Telstra said yesterday it was in discussions about possibly selling TelstraClear, its struggling New Zealand unit, to Vodafone New Zealand, but there was no certainty as to whether an agreement would be reached. Telstra said it had been approached byReuters - 256 words
-
252 2012-06-06 4 MICHELLE TAN - By MICHELLE TAN HENGYANG Petrochemical Logistics has proposed to sell a 40 per cent stake in each of two entities for a total of US$9.6 million. The two entities are Wuhan Hengyang Chemical Logistics and Chongqing New Hengyang Storage. Each252 words
-
278 2012-06-06 4 KELLY TAY - SGX wants info on cash exit offer proposal by June 19 By KELLY TAY SUNRAY Holdings has received a delisting notification from the Singapore Exchange (SGX). SGX has requested the medical apparatus manufacturer to inform it of its cash exit offer proposal by278 words
-
211 2012-06-06 4 Reuters [KUALA LUMPUR] Gaming operator Genting Malaysia Bhd said it will take part in the bid process for a New York convention centre included in a RM12.8 billion (S$5.1 billion) mixed development project despite setbacks in expanding into the United States. Genting said inReuters - 211 words
-
COMPANY BRIEFS
-
88 2012-06-06 4 DATAPULSE Technology reported a 22 per cent increase in net profit to $1.77 million for the third quarter ended April 30 despite a 20.3 per cent fall in revenue from continuing operations to $10.3 million. The fall in revenue was said to88 words
-
111 2012-06-06 4 HAW Par Corporation’s wholly owned subsidiary, Underwater World Attractions Pte Ltd (UWA), has acquired the remaining 16.5 per cent stake in Underwater World Pattaya Ltd (UWP) for 35.85 million baht (S$1.46 million). The total consideration was arrived at based on the book value111 words
-
79 2012-06-06 4 Reuters [HONG KONG] Swiss Re said it has hired Ted Hodgkinson to head its Asia-Pacific corporate solutions division. Mr Hodgkinson, who will be based in Singapore, will take responsibility for the Swiss reinsurer’s strategy in Asia-Pacific and will report to Rudolf Flunger.Reuters - 79 words
-
78 2012-06-06 4 SWIBER Holdings has increased the aggregate principal amount of the 6.25 per cent fixed-rate notes due 2015 to be issued under its $700 million Multicurrency Medium Term Note Programme, to $85 million from $75 million. The net proceeds arising from the issue of the78 words
-
-
249 2012-06-06 5 CARINE LEE - It sells Shine@Spring for $2m to focus on core offshore, marine business By CARINE LEE VIKING Offshore and Marine is selling its beauty care products supply and beauty treatment business, Shine Spring Pte Ltd, for $2 million. The group had on June 4 entered into249 words
-
513 2012-06-06 5 It petitions Jump Trading to turn over algorithms and documents Reuters [NEW YORK] Citadel, one of the world’s biggest hedge fund manager, has accused employees of a rival Chicago high-frequency trading firm of stealing its trading programmes. It said in a court petition thatReuters - 513 words
-
Article, Illustration1276 2012-06-06 7 Bloomberg [SYDNEY] MF Global Holdings Ltd may have more than US$3 billion of claims against its affiliates and units, the company’s bankruptcy trustee said in a report detailing the progress of an investigation into its collapse. The trustee, Louis Freeh, has been unwindingBloomberg; REUTERS - 1,276 words
-
265 2012-06-06 7 GLENN CHOO - Half of Phase 1 completed; Reit secures full tenancy By GLENN CHOO AIMS AMP Capital Industrial Reit has completed half of the first phase of its redevelopment project at 20 Gul Way. The fully funded $155 million project is progressing on time265 words
-
-
Page 4 Advertisements
-
Advertisement233 2012-06-06 4 Cammunichsia2012 The 23rd International Communications and Information Technology Exhibition Conference 3a 0 Se»tG en sia’s Largest ICT Platform 19 22 June 2012 I Marina Bay Sands O Witness latest revolutionary technologies ‘Fibre’ for NextGen services, Cloud Services and Security, mCommerce, M2M, Satellite Communications and many others O Network with over233 words
-
Advertisement87 2012-06-06 4 I. FIND THE ONES THAT FIT! -4—) Recruit the right people through CATS Recruit. Call 1800 289 8822 or email fl recruit@sph.com.sg to advertise. 1 u 1 <5 1 i i f Swiss quality worldwide [mvJ i 2 < You have complex shipment tasks. We have the best tactics for87 words
-
-
Page 5 Advertisements
-
Advertisement160 2012-06-06 5 In uncertain times, you need a sound Multi-expert asset manager Seven strings in harmony, AXA INVESTMENT MANAGERS composes your Investment Solutions www.axa-im.com AXA Investment Managers Asia Limited Tel: +852 2285 2000 Fax: +852 2285 2999 Email: axaimasiasales&marketing@axa-im.com OFFICIAL FERRARI IMPORTER SINGAPORE Si. Ital Auto Pte Ltd Evocative Power, Exceptional Financing160 words
-
-
SINGAPORE MARKETS
-
Article, Illustration562 2012-06-06 6 R SIVANITHY - Stocks gain stability for now Short-covering helps ST Index make early bounce before weakness sets in STOCKS R SIVANITHY Senior Correspondent AFTER an early bounce, which was most probably due to short covering, helped the Straits Times Index rise about 31 points to an intra-day high of 2,731, weakness setSource: Bloomberg - 562 words
-
Article1041 2012-06-06 6 CONRAD TAN - Compiled by CONRAD TAN SingTel June 5 close: S$3.09 CIMB Research, June 5 GIVEN the lack of catalysts, SingTel remains a “neutral” with a sum-of-parts based target price of S$3.36. While we are concerned about the falling regional currencies, the share price downside should be ring-fenced by its1,041 words
-
Article, Illustration479 2012-06-06 6 CURRENCIES Reuters [NEW YORK] The euro fell yesterday as Spain’s Treasury minister said high borrowing costs meant credit markets were closing to Spain, though losses were capped as investors waited for any comments from an emergency conference call of Group of Seven finance chiefs.Reuters; BLOOMBERG - 479 words
-
Article65 2012-06-06 6 Jun 5 VALUE CLOSE BT OB/OS -502.00-171.00 BT CADI -*****.00 +17.00 BT 10-day MA -*****.00 -50.00 FTSE ST Mid Cap 630.08 +0.05 FTSE ST Small Cap 415.68 +0.68 FTSE ST All Share 656.75 +2.61 FTSE ST China Top 185.96 +0.66 FTSE ST China 211.64 +0.37 FTSE ST65 words
-
Article55 2012-06-06 6 VOLUME Golden Agri 83,973,000 GSH Corp 44,557,000 Ntegrator 32,884,000 NexGenSCom 32,786,000 Olam 30,758,000 Noble Grp 28,919,000 Elektromotive 28,440,000 Teledata R 26,766,000 Sakari 23,947,000 UniFiber 22,659,000 VALUE($) Golden Agri 52,656,700 Olam 47,713,730 DBS Grp 38,347,910 Keppel Corp 35,130,076 SembMar 32,275,520 UOB 31,965,770 Noble Grp 31,644,620 Genting SP 30,382,28055 words
-
Article186 2012-06-06 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 3 7 0 0 0 5 3 7 Manufacturing 41 40 37 4 2 11 45 42 48 Commerce 19 15 19 1 4 4 20 19 23 Tpt/Stor/Comms 12 8 18186 words
-
Article121 2012-06-06 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,358 25,358 60,413 60,413 Manufacturing 146,058 58,544 204,602 132,316 2,465 134,781 Commerce 179,520 6,912 186,432 125,349 483 125,832 Tpt/Stor/Comms 56,435 4,570 61,005 84,597 1,212 85,809 Finance 9,861 9,861 96,368 96,368 Construction 46,824 10,037 56,861 5,457121 words
-
Article112 2012-06-06 6 Stock name Close Change CapMallsAsia 1.375 +0.005 CapitaLand 2.480 +0.010 CapitaMall 1.790 +0.005 CityDev 9.580 +0.020 ComfortDelGro 1.455 +0.005 DBS Grp 13.080 +0.130 F&N 6.340 +0.100 GLP 2.030 +0.030 Genting SP 1.465 Golden Agri 0.630 +0.010 HK Land 5.420 +0.010 JMH 47.500 +0.050 JSH 29.200 -0.300112 words
-
Article115 2012-06-06 6 BY CENTS CLOSE UP DBXT Nifty 10US$ 8932 177.8 1.6 DBXT AUDCS 5SG$ ***** 150.0 0.6 Jardine C&C 4179 141.0 3.5 DBXT MSEurope 10US$ 3793 100.5 2.1 IS S&P500 ***** 64.4 0.4 DBXT STGLDv100 10US$ 2568 49.0 1.5 Hyflux 6% CPS 10 ***** 20.0 0.2 UOB 5.05%NCPS 100 *****115 words
-
Article118 2012-06-06 6 BY CENTS CLOSE DOWN Lyxor Indonesia10US$ 8007 -599.0 -5.5 DBXT MSTaiwan 10US$ 1563 -74.7 -3.6 Lyxor AsiaRE 10US$ 772 -70.9 -6.7 JSH 2920 -38.7 -1.0 DBS Bk 4.7% NCPS 100 ***** -30.0 -0.3 F&N.ES.1206 631 -27.0 -4.1 CIMBAsean40 100US$ 932 -23.2 -1.9 DBXT FTVietnam 10US$ 2329 -20.6 -0.7 Asia118 words
-
-
Page 7 Advertisements
-
Advertisement180 2012-06-06 7 &MDIS Management Development Consultancy The Corporate Training Arm of MDIS Maximise Your People Potential flexible solutions that meet your needs A holistic approach to deliver interactive and strategy-focused Customised Programmes that create high performance organisations by providing the resources to ensure business success. v Specific and Unique to you, r180 words
-
Advertisement33 2012-06-06 7 0 >1^ A JERRY LUM Snr Marketing Director, MBA, CES cea licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent33 words
-
-
SINGAPORE NEWS
-
Article, Illustration399 2012-06-06 8 MICHELLE TAN - Both first and second timers have better chances By MICHELLE TAN BOTH first and second timers are said to have enjoyed an improved chance of securing an HDB flat following the year’s bumper supply of new units, according to NationalFILE PHOTO - 399 words
-
452 2012-06-06 8 MINDY TAN - Buyers selective as many sites are coming up: analysts By MINDY TAN THE latest tender closing for a 99-year leasehold residential site at Pasir Ris Drive 3 saw cautious bidding yesterday, with only five bids received. Despite the measured response, the452 words
-
Article, Illustration407 2012-06-06 8 Bloomberg FAR East Organization, Singapore’s largest closely held real estate developer, said it sold a record 2,200 homes in the first five months. The developer marketed projects in Singapore’s suburbs this year, including Watertown in the northeast and Hillier inBloomberg - 407 words
-
452 2012-06-06 8 LEE U-WEN - Low-wage workers to get $80-90 pay hike, including annual increments By LEE U-WEN SINGAPORE’S 77,000 civil servants will receive a mid-year bonus of 0.3 month in July considerably less than the half-month payout and one-off $250 quantum they received at the same time452 words
-
472 2012-06-06 8 CAI HAOXIANG - By CAI HAOXIANG SINGAPORE’S third major collaboration with China in designing and building an industrial park is chugging along amid dark clouds in the global economy. Ten agreements and memoranda of understanding (MOUs) were signed at Shangri-la Hotel yesterday by companies472 words
-
360 2012-06-06 8 VICTORIA HO - By VICTORIA HO THE government-initiated new 13-ha data centre park is seeking a chilled water specialist for the facility. The Infocomm Development Authority (IDA) is calling for developers to design, build, own and operate a chilled water plant for the data centre360 words
-
360 2012-06-06 8 EDWIN LOH - DP Credit Bureau’s credit score analysis names nine groups By EDWIN LOH CONSUMERS here are far more multifaceted than one would think, according to an analysis by DP Credit Bureau. Its new enhanced credit score analysis computes credit worthiness and integrates this with different360 words
-
-
ACCOUNTANTS FOR BUSINESS
-
Article, Illustration1394 2012-06-06 9 JAMIE LEE - Accounting firms are facing a problem of perception as JAMIE LEE finds out from leading industry practitioners JAMIE LEE GREAT expectations await those in the accounting and auditing profession, as the industry is set to face more scrutiny from regulators and other stakeholders. That messageREUTERS - 1,394 words
-
-
Page 9 Advertisements
-
Advertisement57 2012-06-06 9 GWOVITH &cc& 5eve\oP s \ts trainees g\obaWV' ®ss» «i»» e t J n »6-'N e ani,e ld- >"<> N dUa r ensure en t and oNNndeveW eW ior vnake sure a n Peip w siness^Se">'":r your orga n o date sin"* tPenusenP^^th.So SSS8S 1 FIND OUT MORE ABOUT THE GLOBAL57 words
-
-
ECONOMY WATCH
-
594 2012-06-06 10 Sales, revenue from Europe weaken for tech, auto, industrial companies NYT [NEW YORK] As the European crisis intensifies, a growing number of American companies are warning investors that sales in the region are slowing and could get much worse. In the technologyNYT - 594 words
-
Article, Illustration483 2012-06-06 10 Bloomberg [DONG HA, Vietnam] The Planning Ministry said that economic growth may slump to as low as 5.2 per cent this year, which would be the slowest pace in more than a decade. Vietnam’s economy has been buffeted in 2012 by aBloomberg; REUTERS - 483 words
-
478 2012-06-06 10 After 25 basis point cut, rates are lowest since Dec 2009 Reuters [SYDNEY] Australia’s central bank cut interest rates for a second month running yesterday in a bid to shore up confidence at home. Citing a weaker outlook abroad and only modestReuters - 478 words
-
515 2012-06-06 10 Bloomberg [DOHA] Qatar banks’ reliance on foreign lenders has risen to a record this year as their funding is stretched by the surge in project financing in the nation preparing to host the 2022 soccer World Cup. Net interbank borrowing from foreignBloomberg - 515 words
-
-
Page 10 Advertisements
-
Advertisement21 2012-06-06 10 >«* KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices BERGER INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****7986G21 words
-
Advertisement422 2012-06-06 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Sentosa Cove Pte Ltd (In Members’ Voluntary Liquidation) Reg No. *****6920R NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Cove Avenue, #02-05 Singapore *****7 on the422 words
-
Advertisement225 2012-06-06 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SHEARWATER PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO.*****5061C NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Members of the abovenamed Company will be225 words
-
-
Page 11 Advertisements
-
Advertisement175 2012-06-06 11 Asian Contemporary Modern Art m I I <■*?/ v ft Si a T S£s2*L CHU TEH-CHUN I Aux Sources de La Nuit I 2004 I oil on canvas I 194 x 129 cm RUDOLF BONNET I Portrait of a Lady I 1936 I pastel on paper I 116 x 84175 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration540 2012-06-06 12 S JAYASANKARAN - CEO says handout blocks transparency, dampens demand for new investment By S JAYASANKARAN in Kuala Lumpur NATIONAL oil firm Petroliam Nasional, or Petronas, has called on the government to stop gas subsidies arguing that it hampers transparency and dampens demand for new investmentAFP - 540 words
-
166 2012-06-06 12 Bloomberg [KUALA LUMPUR] Sime Darby Bhd said it has joined Malaysian developer SP Setia Bhd’s bid for London’s Battersea Power Station, Europe’s largest brick building. “The consortium is positive that its plan for a mixed sustainable development will be wellBloomberg - 166 words
-
376 2012-06-06 12 [TOKYO] Low-cost carrier AirAsia Bhd might list AirAsia X or AirAsia Indonesia by year-end or by the first quarter of next year, said group chief executive officer Tony Fernandes. He said the listing of AirAsia Indonesia is on track, but the company needs376 words
-
493 2012-06-06 12 PAULINE NG - By PAULINE NG in Kuala Lumpur MALAYSIA Airports Holdings Bhd (MAHB) is expected to generate strong cash-flow from KLIA2, the new low-cost carrier terminal in Sepang, with 700 operators already jostling for the 225 retail outlets offered for rental. The new493 words
-
-
Page 12 Advertisements
-
Advertisement757 2012-06-06 12 UP YOUR MANAGEMENT SKILLS Utilising areas of Productivity, Social Media Negotiation Who should attend: Corporate Communications Professionals, Human Resource Professionals, Head Hunters, Search firm owners, Team Leads, Departmental Heads, Operational Managers, Supervisors Register at www.stjobs.sg/seminars FULL-DAY WORKSHOPS Transforming Service Breakdown to Opportunities Monday, 18 June, SPH News Centre (9.30am to757 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration738 2012-06-06 13 New business cited as key driver of expansion in May, says HSBC Reuters [BEIJING] China’s services industry expanded in May at its fastest pace in 19 months, with new business and optimism about the future robust, according to a private-sectorReuters; REUTERS - 738 words
-
400 2012-06-06 13 Reuters [BANGALORE] India’s services sector grew at its fastest pace in three months in May, and firms were more optimistic about the year ahead, a survey showed yesterday. HSBC’s services purchasing managers’ index, compiled by Markit, rose almost two points to 54.7 in MayReuters - 400 words
-
Article, Illustration417 2012-06-06 13 AP [MACAU] US casino magnate Steve Wynn plans to spend US$4 billion building his long-awaited second Macau resort, shrugging off concerns yesterday that the global economic malaise and China’s slowdown will dent profits in the world’s most lucrative gambling market. TheAP; BLOOMBERG - 417 words
-
708 2012-06-06 13 Constraints include huge debt and declining growth Reuters [BEIJING] Investors counting on China to repeat its huge 2008-09 stimulus to backstop global economic growth are failing to recognise Beijing’s limited scope to deliver another major spending surge. The four trillion yuan (S$809.6 billion)Reuters - 708 words
-
-
Page 13 Advertisements
-
Advertisement93 2012-06-06 13 Featuring insights and analyses by an eminent and diverse collection of more than 50 speakers including Dr Lee Kai-Fu Chairman and CEO, Innovation Works People’s Republic of China Professor Tommy Koh Ambassador-at-Large, Singapore Ambassador Wu Jianmin Executive Vice Chairman, China Institute for Innovation and Development Strategy People’s Republic of China93 words
-
-
WORLD
-
768 2012-06-06 14 But ex-CEO says that he was advised that no disclosure was necessary Reuters [NEW YORK] Top executives at Bank of America Corp (BOA) did not tell shareholders just before a 2008 vote on its purchase of Merrill Lynch Co that Merrill’s losses wereReuters - 768 words
-
382 2012-06-06 14 LATEST US DATA Bloomberg [NEW YORK] Service industries in the US expanded last month at about the same pace as the prior month, a sign the US is failing to gain momentum as employment slows and the European crisis intensifies. The InstituteBloomberg - 382 words
-
Article, Illustration83 2012-06-06 14 [KRASNOYARSK, Russia] Artist Sergei Bobkov, 55, moulding a plasticine model-prototype before creating a life-sized sculpture of an Asian marmot made of cut chips at a workshop in the cellar of a local school in the settlement of Kozhany, 207 km south-west ofREUTERS - 83 words
-
650 2012-06-06 14 MALMINDERJIT SINGH - By MALMINDERJIT SINGH [SINGAPORE] There is a one in three chance that Greece will exit the eurozone following the country’s inconclusive parliamentary elections in early May, an event that will have grave ramifications on the country’s economy and financial sector. With Greeks now650 words
-
Article, Illustration438 2012-06-06 14 AFP [BEIJING] Russian President Vladimir Putin met his Chinese counterpart yesterday on a visit aimed at bolstering a crucial alliance. Mr Putin told Hu Jintao ties between the two nations had reached “new heights” as he kicked off the three-day China visit, hisAFP - 438 words
-
918 2012-06-06 14 NEIL BEHRMANN - Calls for industrial nations to reflate and bail out Spain By NEIL BEHRMANN in London GLOBAL markets swayed back and forth in the hope that the Group of Seven (G-7) major industrial nations would agree to reflation and a bailout for Spain. Early918 words
-
Article, Illustration684 2012-06-06 15 2011 rise came as revenues, profits fell at banks, brokers Bloomberg [NEW YORK] In October 2010, private equity baron Henry Roberts Kravis, in one of the grandest gestures of his life, pledged US$100 million to his alma mater, Columbia Business School, toBloomberg; BLOOMBERG - 684 words
-
583 2012-06-06 15 34% of customers spend less time on website now than six months ago Reuters [SAN FRANCISCO] Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social networkReuters - 583 words
-
238 2012-06-06 15 Bloomberg Reuters [TOKYO] Sony Corp will cut the salaries of chief executive officer Kazuo Hirai and directors after Japan’s biggest exporter of consumer electronics lost 856 billion yen (S$13.3 billion) during the past four years. Payments to executives including MrBloomberg; Reuters - 238 words
-
513 2012-06-06 15 Bloomberg [SEOUL] South Korea may sell as much as 30 per cent of KDB Financial Group Inc in an initial public offering (IPO) this year, said the banking group’s head. “We’d sell a 10Bloomberg - 513 words
-
354 2012-06-06 15 Reuters [HONG KONG] Asia’s share of global private equity investments has doubled to 21 per cent in the past four years, helped by last year’s strong growth and that figure should continue to rise, a top McKinsey Co executive told Reuters. ThatReuters - 354 words
-
Article, Illustration560 2012-06-06 16 Justice Dept wants new guidelines; fees can hit hundreds of millions of dollars Reuters [WASHINGTON] The lawyers who handle the biggest US corporate restructurings responded with hostility on Monday to new scrutiny of their fees, which can reach hundreds of millions of dollarsReuters; STOCK.XCHNG - 560 words
-
553 2012-06-06 16 Agency lost market share after slip-up on US$1.5b deal Reuters [NEW YORK] Standard Poor’s on Monday announced a proposed overhaul of how it rates commercial mortgage-backed securities (CMBS), after a slip-up on a US$1.5 billion deal last year cost it much of itsReuters - 553 words
-
Article, Illustration485 2012-06-06 16 Reuters [NEW YORK] A US lawyer who worked for some of the country’s most prestigious firms was sentenced on Monday to a record 12 years jail for an insider trading scheme which lasted 17 years and netted more than US$37 millionReuters; BLOOMBERG - 485 words
-
325 2012-06-06 16 Bloomberg [TOKYO] Japan’s ruling party added lawmaker Kazuya Kondo, a former banker at Nomura Holdings Inc’s brokerage unit, to its working team that’s investigating insider trading, according to a memo obtained by Bloomberg News. The group of 15 Democratic Party of JapanBloomberg - 325 words
-
240 2012-06-06 16 Bloomberg [SAN FRANCISCO] JPMorgan Chase Co, the largest US bank, may report a US$4.2 billion second-quar-ter trading loss in its chief investment office, according to an estimate by International Strategy Investment Group. The pre-tax loss would cut second-quarter earnings to 65 cents aBloomberg - 240 words
-
229 2012-06-06 16 Reuters [SINGAPORE] A 4 per cent rally for gold last Friday on weak US jobs data could signal a return to the safehaven status that has eluded bullion for the past seven to eight months. The dollar, US Treasuries and German bundsReuters - 229 words
-
Article, Illustration642 2012-06-06 17 Japan, China and Korea lead the purchases as US holds back exports Bloomberg [KUALA LUMPUR] Asia’s largest economies have agreed to buy more than US$500 billion of Australian natural gas up to 2036 as prices rose to near record levels and the US slowed plansBloomberg; REUTERS - 642 words
-
404 2012-06-06 17 Reuters [CANBERRA] Australia said yesterday that it would delay environmental approval for a A$10 billion (S$12.5 billion) coal project proposed by India’s GVK Power Infrastructure, a potential setback in the company’s bid to tap voracious appetite for coal in its homeReuters - 404 words
-
Article, Illustration514 2012-06-06 17 Market concerns over Iran sanctions have eased Reuters [KUALA LUMPUR] Oil prices will weaken further in the second half of this year as demand reacts to a slowing global economy, while international political tensions ease, Royal Dutch Shell CEO Peter VoserReuters - 514 words
-
-
Page 15 Advertisements
-
Advertisement105 2012-06-06 15 You Are Flying To USA Our latest Joint Venture doubles the options e Give You Greater Convenience with more flights, multiple timings, greater connecting options AO Vv Flying to USA is now more convenient with the joint venture between All Nippon Airways and United Airlines. Benefit from 1 amazing price105 words
-
-
Page 16 Advertisements
-
Advertisement109 2012-06-06 16 Learn about investment through the Updated on a weekly basis Understand the meaning of various financial terminologies (such as “Dividend Payout Ratio” and “Stock Beta”) and how to use them Learn the basics of investing in shares Make sense out of all the financial mumbo-jumbo by visiting blog.shareinvestor.com Scan QR109 words
-
Advertisement62 2012-06-06 16 ENJOY70% OFFWHEN YOU SUBSCRIBE TO DIGITALEDITIONS! LIMITED TIME ONLY! GET THE LATEST DECOR TRENDS, PARENTING TIPS AND TECH-GADGET REVIEWS ON THE GO $21.60/ 1 YEAR UP $72.00 NOW ON IPAD ANDROID TABLETS $18.00/ 1 YEAR UP $60.00 $24.80/1 YEAR UP $82.80 SUBSCRIBE NOW AT www.sphmagazines.com.sg/digital-promotion or scan the QR code.62 words
-
-
Page 17 Advertisements
-
Advertisement117 2012-06-06 17 A Legend is Born Based on one of the stories in the oldest book found in Japan where produce were found fresh and in abundance, Mikuni pays homage to the fabled richness of authentic Japanese cuisine, under the helm of Executive Chef Moon Kyung Soo. Enjoy Mikuni’s modern approach to117 words
-
-
SINGAPORE ARTS FESTIVAL
-
Article, Illustration999 2012-06-06 18 reportsHELMI YUSOF - NAC is looking into more involvement for local arts groups, reportsHELMI YUSOF reportsHELMI reportsHELMI YUSOF NATIONAL Arts Council announced yesterday that there will be no Singapore Arts Festival in 2013. The news drew reactions of surprise and dismay among arts lovers and practitioners.999 words
-
Article, Illustration1495 2012-06-06 18 Dylan Tan, Sharon Cheah, Christopher Lim, Helmi Yusof, Tan Teck Heng, Rachel Loi, Rachel Au-Yong; Aaron Tan - BT’s arts writers sum up the highs and lows of the arts festival with this tongue-in-cheek wrap-up Compiled by Compiled by Dylan Tan, Sharon Cheah, Christopher Lim, Helmi Yusof, Tan Teck Heng, Rachel Loi, Rachel Au-Yong and Aaron Tan Upstaging the Bishan ‘Bodohs’MUSIC MAKERS: FILE PHOTO - 1,495 words
-
-
Transport HUB
-
804 2012-06-06 19 DAVID HUGHES - Lining River Thames’ banks, the people also watch the S’pore flag sail by STRAIT TALK By DAVID HUGHES BOUT a million people lined the banks of the Thames in London in the rain on Sunday to see the Singapore flag sail past, flying804 words
-
236 2012-06-06 19 Reuters [BUENOS AIRES] Trucks hauled their normal loads of corn and soybeans into Argentina’s main grains hub of Rosario on Monday, but a sales freeze called by farmers protesting a tax hike in the country’s top farm province slowed business at NoReuters - 236 words
-
474 2012-06-06 19 Disagreement with the Queensland govt cited as the reason Bloomberg [SYDNEY] Australia halted its federal environmental review of India’s GVK Group US$10 billion coal mine in Queensland’s Galilee Basin because of a disagreement with the state government. “I am stopping the clock onBloomberg - 474 words
-
Article, Illustration309 2012-06-06 19 AFP [ATHENS] Posidonia, the world’s largest shipping fair, opened its doors on Monday amid growing concerns about the global economy and worries about host country Greece’s uncertain future. The five-day event, now in its fifth decade, includes 1,870 exhibitors from 87– AFP; AFP - 309 words
-
Article, Illustration855 2012-06-06 19 Bloomberg [LONDON] Aframaxes, already this year’s worst-per-forming oil tankers, are poised for the lowest annual rates in at least 15 years as Europe’s economic stagnation curbs demand, the region’s most accurate shipping analysts said. The 800-foot vessels will make about US$12,000 a dayBloomberg; BLOOMBERG - 855 words
-
Article253 2012-06-06 19 SGX '000 Jun 5 S$ +/-Vol CH Offshore 0.41 unch 20 Chuan Hup Hldg 0.21 unch 5 Cosco Corp 0.98 0.01 7281 s$ Ezra Hldgs 0.88 -0.02 3654 First Ship Lea 0.17 unch 216 Freight Links 0.06 unch 99 Grand Banks unch unch 0 Jaya Hold Ltd 0.56253 words
-
TRANSPORT HUB: AVIATION
-
970 2012-06-06 20 Pluna CEO blames lack of protection and neighbouring countries for its problems AP [MONTEVIDEO, Uruguay] Brazil’s slowing growth and Argentina’s bewildering trade and currency restrictions are dragging down the profits of some of the region’s airlines, which tend to be a reliable indicator of economicAP - 970 words
-
431 2012-06-06 20 AP [DUBAI] Abu Dhabi’s fastgrowing Etihad Airways said yesterday it has bought up nearly 4 per cent of Virgin Australia, pushing ahead with a strategy of acquiring minority stakes in overseas carriers. The deal marks the fourth publicly disclosed stake Etihad has takenAP - 431 words
-
Article, Illustration550 2012-06-06 20 AFP [MADRID] A Swiss adventurer took off yesterday into the night skies above Madrid and headed for Rabat on the world’s first intercontinental flight in a solarpowered plane. Bertrand Piccard, 54-year-old psychiatrist and balloonist, piloted the Solar Impulse plane, a giant as big as an AirbusAFP; AP - 550 words
-
560 2012-06-06 20 The airline bid US$17.6m to win the rights in Nov Bloomberg [MONTREAL] WestJet Airlines Ltd is bidding to pry passengers from Air Canada in the C$2 billion (S$2.4 billion) cross-border business travel market by returning to New York’s LaGuardia Airport. Canada’s second-largestBloomberg - 560 words
-
317 2012-06-06 20 Bloomberg [DALLAS] American Airlines should comply with an order from US labour officials and clear the way for the carrier’s passenger service agents to vote on having a union, US Representative Nancy Pelosi said in a letter. American’s refusal to supplyBloomberg - 317 words
-
-
TRANSPORT HUB: LAND
-
Article, Illustration738 2012-06-06 21 SAMUEL EE - To regain market share, Alpine Group is concentrating on after-sales service By SAMUEL EE THE Alpine Group has invested $25 million in the Opel brand despite the challenges ahead. “The brand image is weak because it had a few falseYEN MENGJIIN - 738 words
-
Article, Illustration672 2012-06-06 21 Reuters [TAIPEI] Ford Motor is in talks with local partners to introduce indigenous brands in China as it plays catch-up in the world’s biggest car market with the likes of General Motors (GM) and Volkswagen, its China chief said on Monday.Reuters; REUTERS - 672 words
-
444 2012-06-06 21 Plan is expected to boost new car sales by 30b yuan in 2012 Bloomberg [SHANGHAI] Chongqing will subsidise purchases of vehicles made in the city as the first local government to offer such incentives since Premier Wen Jiabao said last month the economy faces increasingBloomberg - 444 words
-
634 2012-06-06 21 Reuters [STUTTGART] Volkswagen elevated China’s status within its sprawling empire and reasserted control over its wayward trucks brands with an extensive overhaul of senior management on Saturday, as it bids for global market dominance. The company created a management board position dedicated solely to ChinaReuters - 634 words
-
-
-
Page 19 Advertisements
-
Advertisement27 2012-06-06 19 Governor of Central Bank of China: no conscious push for internationalisation of RMB internationalisation of RMB AEffifrmS: H'WII: xmmmt To subscribe, call 6388-3838 or go to sphsubscription.com.sg27 words
-
-
Page 20 Miscellaneous
-
Miscellaneous349 2012-06-06 20 CRYPTIC CROSSWORD Across 7 South American country fellow crossing Austria behind soldier (8) 9 Fruit drinks including pop devoid of content (6) 10 Area in the grip of maniac recently (4) 11 It’s great new street result of one making long-term plan (10) 12 Moister bread? (6) 14 Famous inventor349 words
-
-
Page 21 Advertisements
-
Advertisement24 2012-06-06 21 www.omy.sg MR. »E«B£BSGi teV ,\U Kmnmm)) Vice Ring Probe Available on ANDROID APRON pV Google play s«i mmfiU: mmmm. mx aJiLSS s s www.omy.sg24 words
-
-
Page 21 Miscellaneous
-
Miscellaneous21 2012-06-06 21 TODAYS BEST MUSSC THE MOST FUN IN THE MORNINGS r* v\ <4 ROD MDNTEIRD THE MARRIED MEN WEEKDAYS 6AM TO 1DAM21 words
-
-
EDITORIAL & OPINION
-
493 2012-06-06 22 EDITORIAL BY all accounts, Myanmar opposition leader Aung San Suu Kyi had a successful visit to Thailand in what was her first trip abroad after 24 years. The 66-year-old parliamentarian enjoyed a superstar-like welcome and made the most of her short trip to493 words
-
Article, Illustration732 2012-06-06 22 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent LAST Friday’s grim US job report, coupled with other signs that recovery was lagging, helped sink the stock markets and fuelled new fears that the American economy was in a downward spiral and may be facing the732 words
-
Article, Illustration1114 2012-06-06 22 ASIT K BISWAS, LEONG CHING - It’s time we improved water governance and treatment and reuse of wastewater By ASIT K BISWAS LEONG CHING Asit K Biswas is a distinguished visiting professor at the Lee Kuan Yew School of Public Policy, National University of Singapore, and the founder ofAFP - 1,114 words
-
Article, Illustration952 2012-06-06 23 LAURENCE TUBIANA, MMANUEL GUERIN - Targeted public investments are called for, with the green sector providing a key opportunity for European investment By LAURENCE TUBIANA MMANUEL GUERIN Laurence Tubiana is director of the Institute for Sustainable Development and International Relations (IDDRI) at Sciences Po in Paris and a professor atProject Syndicate; AP - 952 words
-
Article, Illustration954 2012-06-06 23 WILLIAM PESEK JR - WILLIAM PESEK JR The writer is a Bloomberg View columnist. The opinions expressed are his own. Bloomberg THE search for lost economic decades has brought us from Japan to the US and Europe in recent years. It’s time to take it to India. WithBloomberg; REUTERS - 954 words
-
-
SINGAPORE STOCKS
-
Article2699 2012-06-06 24 Transaction date: Jun 5 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 Company Last Sale Vol ('000) 123 92.5 AIMSAMPIReit 112 +0.5 189 112.5 112 112 112.5 7.4 10.7 499 High Low2,699 words
-
Article217 2012-06-06 25 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 Last Vol 4.6 1.3 t Advanced System 2 unch 1069 2.1 2 2 2.1 26.5 Last Quote Div Gr Yld Net M Cap High217 words
-
Article8014 2012-06-06 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCI A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond ....1.0027/ EM Local Ccy Bond8,014 words
-
Article205 2012-06-06 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.5 28.5 AVJennings A30 -2 7 32 30 30 33 3.6 11.7 2.4 78.1 46 25.5 Genting HK US$ US31 +0.5 2661 31.5 31 31 31.5 2041.2205 words
-
Article923 2012-06-06 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 95.8 CIMB APAC Div 100US$ US96 94.1 95.1 10.1 1261 856 CIMBAsean40 100US$ US932 -18 17 932 924 924 932 146.2 ***** ***** DBXT AUD923 words
-
-
FINANCE & COMMODITIES
-
Article595 2012-06-06 26 Jun 5 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8331.02 8388.14 8306.93 Jun12 8290.00 8420.00 8275.00 8400.00 *****0 *****3 Sep12 8275.00 8410.00 8270.00 8390.00 ***** ***** MSCI TAIWAN INDEX FUTURES SPOT 246.98 250.67 246.98 Jun12 245.20 250.20 244.80 248.80 ***** *****7 Jul12 238.30 242.90595 words
-
373 2012-06-06 26 In local curr In S$ In US$ dy yr dy yr dy yr Jun 4 Index Change Change Change Change Change Change World Preliminary 814.3 -0.7 -1.9 -1.0 -3.6 -0.5 -3.0 EAFE Preliminary 647.6 -0.9 -5.1 -0.9 -8.0 -0.3 -7.4 Europe Preliminary 964.8 -0.3 -6.0373 words
-
Article, Illustration106 2012-06-06 26 As on 4 June 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT AUG2012 537.45 535.10 537.10 8 CURRENCY AUD-USD FUT JUN2012 .9709 .9626 .9710 1486 EUR-USD FUT JUN2012 1.2510 1.2397 1.2488 1878 BASE METAL COPPER FUT JUL2012 7360 7144106 words
-
Article107 2012-06-06 26 Jun 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1340.00 1344.25 1355.75 1331.50 Aug 12 1319.75 1318.50 1330.00 1307.00 Sep 12 1291.75 1285.50 1296.00 1273.00 Nov 12 1268.25 1258.00 1272.00 1244.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 48.31107 words
-
Article76 2012-06-06 26 CRUDE OIL PRODUCTS Jun 4 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 97.39 -0.63 WTI (Near Mth) 84.06 0.67 Dubai (1-Mth F) 93.31 -3.92 Tapis blend 101.89 -4.21 Minas 102.79 -4.21 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 81.72 -3.72 Jet Kerosene 110.17 -3.42 US$/barrel OpecOil Basket76 words
-
Article22 2012-06-06 26 Jun 5 S$ Bid Offer 1-month 1.2880 1.2884 2-months 1.2879 1.2883 3-months 1.2876 1.2880 6-months 1.2858 1.2865 Source: OCBC22 words
-
Article64 2012-06-06 26 Jun 1 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1934.50 1955.50 3 months 1972.50 1994.00 Copper, Grade A(US$/tonne) Cash 7373.00 7434.00 3 months 7361.00 7425.00 Lead(US$/tonne) Cash 1884.50 1907.00 3 months 1900.00 1921.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.50 3 months *****.0064 words
-
Article80 2012-06-06 26 Jun 1 COCOA (£/tonne) Close Prev High/Low Jul 12 1452 1471 1469/1440 Sep 12 1451 1468 1465/1439 Dec 12 1434 1450 1447/1420 Mar 13 1419 1432 1428/1405 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2158 2180 2188/2105 Sep 12 2143 2162 2168/2088 Nov 12 2127 2147 2155/2074 Jan 13 208780 words
-
1196 2012-06-06 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 329 8.75 23 Conv Ratio Baker Technology Ltd W*****6 1.6 1 32 18 17.81 5 Best World Intl Ltd W*****5 0.6 1 30 70 30.001,196 words
-
Article470 2012-06-06 26 Jun 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.014 6.210 0.784 7.570 54.471 92.355 0.763 11.519 3.120 1.290 91.530 42.435 1.257 8.288 0.941 29.252 30.887 0.636 0.976 Canada 0.987 6.126470 words
-
Article57 2012-06-06 26 Jun 5 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates 1 yr (S$) 0.*****57 words
-
Article136 2012-06-06 26 Jun 5 GOLD(US$/oz) Jun 05 Jun 04 Hong Kong 1625.00 1630.10 Jun 04 Jun 04 Jun 01 London 1613.90 1610.96 1614.70 1611.73 Source: Thomson Reuters CAST BAR Jun 05 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 161 67 5gm 456 334 10gm136 words
-
Article85 2012-06-06 26 Jun 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 30-Aug-12 0.27 1-Year BY*****T 02-May-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.08 5-Year N*****0Z 2.375 01-Apr-17 108.84 1-Year 10-Year NX*****X 2.25085 words
-
Article60 2012-06-06 26 Jun 5 Jun 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 12 2990.0 2945.0 2990.0 2960.0 285 2366 Jul 12 2991.0 2952.0 3004.0 2956.0 1840 ***** Aug 12 2982.0 2953.0 3008.0 2956.0 ***** ***** Sep 1260 words
-
Article154 2012-06-06 26 Jun 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2569 1.2573 0.9757 0.9758 Canadian dollar 1.2398 1.2405 0.9625 0.9627 Euro 1.6034 1.6044 1.2447 1.2452 NZ dollar 0.9743 0.9748 0.7563 0.7565 Sterling pound 1.9762 1.9773 1.5341 1.5346154 words
-
Article147 2012-06-06 26 Jun 5 $S Offer Bid 0vernight 0.04 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.125 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.00 0.80 12147 words
-
Article128 2012-06-06 26 As at 9am Jun 5 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.281 1.220 Can dollar 1.267 1.207 Euro 1.647 1.569 Sterling pound 2.015 1.938 NZ dollar 1.002 0.955 US dollar 1.305 1.255 Local dollars to 100 units of foreign128 words
-
-
3502 2012-06-06 27 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. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN3,502 words
-
Page 27 Advertisements
-
Advertisement47 2012-06-06 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1He Business Times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times47 words
-
Advertisement18 2012-06-06 27 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. THE BUSINESS TIMES Shipping Times18 words
-
-
Page 28 Advertisements
-
Advertisement121 2012-06-06 28 TO ADVERTISE IN .The Business Times mi: uujinljj nivitj Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers I TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Can they find your services here in the Shipping Times? Celebrate Your Project Completion j Come publicise your Project Completion,121 words
-
-
Page 29 Advertisements
-
Advertisement24 2012-06-06 29 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES CLA/30MAR05/GAN24 words
-
Advertisement230 2012-06-06 29 For investors seeking to invest in cleantech and cleantech companies looking for capital Asia’s biggest clean technology conference 27 30 June 2012, Marina Bay Sands Convention Centre, Singapore Confirmed speakers include: Andrew Chung, Managing Partner, Khosla Ventures, USA Edwin Khew, Chairman, Asia Clean Tech Hub, Singapore Issam Dairanieh, Global Director,230 words
-
Advertisement91 2012-06-06 29 a r. a ■M. Can your client advisor call on a specialist to customise your investments? 1 minute 50 seconds on the UBS way of looking at wealth management with William Kennedy, Head of Investment Products and Services UBS. To view the film, scan the QR code with your smartphone.91 words
-
-
executive Money
-
EXECUTIVE MONEY
-
Article, Illustration902 2012-06-06 29 Defensive quality of American stocks cited among reasons for their attractiveness NYT [NEW YORK] UROPE’S worsening debt crisis and the sharper-than-expect-ed slowdown in China have weighed down stocks since the start of April. Yet some market strategists say that so longNYT; REUTERS - 902 words
-
831 2012-06-06 29 NYT [NEW YORK] It has been hard not to gawk these past two weeks at Facebook’s unruly initial public offering (IPO) and its declining share price. Any spectacle like this practically dares you not to stare. And in its wake have come theNYT - 831 words
-
-
Article, Illustration947 2012-06-06 30 WILLIAM CAI - Global bear market at our doorstep Invest with caution because there are many warning signs of a correction ahead MONEY MATTERS WILLIAM CAI The writer is vice-president deputy investment head at GYC Financial Advisory EVERY bear market starts with a correction, and investors may want to take heed of theSource: - 947 words
-
-
Page 30 Advertisements
-
Advertisement138 2012-06-06 30 -X 0‘\ W m sat ■-‘silij V SSi I I w m mm 4 t 'v IS TO 8£ £>M *A\v m stSSesrws N --TM-gm H lt4, w: &r?' j ■'V,4 'V« i ->.■ ■<? 1,1?' K'ft; Ms# v. vr& -s. > ag R af is CV--l'.J p?ip >.v T138 words
-