The Business Times, 7 September 2012

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Total Pages: 40
1 40 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, eptember 7, 2012
    25 words
  • 921 1  -  Draghi announces bold plan to cut borrowing costs and allay fears about euro By NEIL BEHRMANN in London MARIO Draghi, the president of the European Central Bank (ECB), staked its economic might and his own reputation in an effort to dispel fears
    AP  -  921 words
  • 857 1  -  Dutch brewer has right of first refusal when F&N decides to sell its stake By EMILYN YAP [SINGAPORE] Fraser and Neave (F&N) has to give Heineken the right of first refusal should it wish to sell its stake in their joint venture controlling
    857 words
  • MARKETS DIGEST
    • 65 1 HST INDEX 2,989.26 (-6.64) HST INDEX FUTURES 2,988.00 (-7.00) HSIMSCI 342.76 (-0.48) HSIMSCI FUTURES 342.50 (-0.80) us$ s$ US$ (S$ per US$) 1.245 (US$/S$ per 1.591 1.981 EURO (US$/S$/€) 1.262 1.572 Foreign currency per US$ S$ YEN 78.40 63.00 RM 3.116 2.502 HK$ 7.757 6.229 BAHT 31.23 25.07 RUPIAH
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    • 48 1 Thursday Change KL COMP 1,617.99 -23.02 NIKKEI 225 8,680.57 +0.75 HANG SENG 19,209.30 +64.23 SET INDEX 1,243.92 +10.08 JAKARTA COMP 4,102.86 +27.50 MANILA COMP 5,150.11 -0.70 SEOUL COMP 1,881.24 +7.21 SHENZHEN B 567.32 +1.88 MUMBAI IND 17,346.27 +32.93 Noon EDT Change DOW 13,283.65 +236.17 NASDAQ 3,130.22 +60.95
      48 words
    • 17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.296 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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  • Page 1 Advertisements
    • 103 1 THE ROAD LESS TRAVELLED Sold on Asia PAGE 40 PROPERTY The appeal of glass PAGE 22 IN THE AIR Qantas seals Emirates deal, to move hub to Dubai PAGE 4 COMPANY NEWS M1’s 4G coming, large data bundles going PAGE 6 EXECUTIVE LIFESTYLE Literature’s grey area WINE Heart of Bordeaux
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  • TOP STORIES
    • 582 2 Unlimited bond-buying by ECB to prop up euro MARIO Draghi, the president of the European Central Bank, said yesterday that the bank will conduct unlimited purchases of Spanish, Italian, Portuguese and other stricken eurozone short term bonds. The announcement was made soon after the ECB’s governing council decided
      582 words
    • 676 2  -  ThaiBev could block the move by itself and force a different outcome COMMENTARY By EMILYN YAP THE question these days has turned from whether Fraser and Neave (F&N) can sell its stake in Asia Pacific Breweries (APB) to whether it can sell
      REUTERS FILE PHOTO  -  676 words
    • 401 2  -  By VEN SREENIVASAN [SINGAPORE] Singapore Airlines (SIA) is investing $50 million to provide Internet and mobile data services to customers, even when flying at 35,000 feet. Its In-Flight Connectivity is now available on 14 aircraft in the fleet, including all five Airbus
      401 words
    • 526 2 Non-manufacturing index climbs to a three-month high LATEST US DATA Bloomberg [WASHINGTON] Service industries in the US expanded in August at a faster pace than forecast, offering support to an economy that lost momentum in the first half of the year. The
      Bloomberg  -  526 words
    • 875 4  -  Impact could be negative for Changi Airport and SATS but positive for SIA By VEN SREENIVASAN [SINGAPORE] Australian carrier Qantas has inked an alliance with Dubai-based Emirates and will move its international hub operations to the Middle East. It is
      BLOOMBERG  -  875 words
    • 335 4  -  It’s sold to consortium led by Wee Hur and Lucrum Capital in third attempt By ZEINAB YUSUF SAIWALLA [SINGAPORE] Thomson View condominium has been sold to a consortium led by Wee Hur Development Pte Ltd and Lucrum Capital Pte Ltd for $590
      335 words
    • 690 4  -  He advocates using Asean as platform to solve issues By CHUANG PECK MING in Beijing PRIME Minister Lee Hsien Loong yesterday urged China to take a longer view and seek a peaceful solution through Asean to the long-standing
      LIM WUI LIAN/THE STRAITS TIMES  -  690 words
    • 720 4  -  Duo’s $793 psf ppr price for mixed-use Potong Pasir site beats expectations By KALPANA RASHIWALA [SINGAPORE] A tie-up between City Developments Ltd (CDL) and Hong Leong Holdings yesterday placed the top bid of $245 million or $793.02 per square foot per plot ratio
      720 words
  • Page 2 Advertisements
    • 263 2 M www.psseries.com/asiawww.hvacrseries.com/asia2012 5 7 September 2012 Hall B, Sands Expo Convention Centre Marina Bay Sands, Singapore LAST DAY TODAY! Register to attend for FREE and WIN amazing prizes! To register visit www.pseries.com/asia or www.hvacrseries.com/asia2012 Quote 'BT2' as your promotion code X 120 PARTICIPATING COMPANIES FROM OVER 15 COUNTRIES TECHNICAL SEMINARS
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  • Page 3 Advertisements
    • 159 3 J S'** 7^ r 6m m fcr SS8S s'-'-' 4^- :tfl w BERLUTI RUE MARBEUF PARIS TO TAKASHIMAYA S.C. SI NGAPORE For generations, the Berluti have trod this very path of excellence. And with each step, forever impressing their peerless sensibility for fit, comfort and style onto the art of
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  • COMPANY NEWS
    • 805 6  -  Telco to launch 4G price plans with islandwide coverage from next weekend By JOYCE HOOI HIGHER speeds beckon at M1, while smaller data bundles loom. On Saturday next week, the telco will launch 4G price plans with nationwide coverage the first telco to
      805 words
    • 397 6  -  By ANGELA TENG CAPITAMALLS Asia is acquiring a new shopping mall in Wuhan, China, its third in the capital city of Hubei Province. The mall, to be completed in 2014 along Zhong Bei Road in Wuchang District, is the retail
      397 words
    • 273 7  -  VT Halter Marine will build two OSVs for Hornbeck in US, repair vessels in Tuas By LYNN KAN THE marine arm of Singapore Technologies Engineering (ST Engineering) has bagged shipbuilding and ship-repair contracts worth $179 million. ST Engineering’s subsidiary, VT Halter Marine, will
      273 words
    • 208 7  -  By ARTHUR LEE A GLITZY fashion show featuring Coach, Dickson Watch Jewellery and Cortina was held yesterday evening in celebration of Wisma Atria’s facelift. Starhill Global Reit spent about $31 million on the shopping centre’s new 123-metre long “Facade” that houses duplex flagship
      ARTHUR LEE  -  208 words
    • 236 7  -  By TEO SI JIA CHINA-BASED wire and cable manufacturer Hu An Cable Holdings has sealed a 92.8 million yuan (S$18.28 million) deal with the Shanghai Municipal Electrical Power Company, a subsidiary of China’s State Grid Corporation. The contract will see
      236 words
    • 333 7  -  By CARINE LEE CAMBRIDGE Industrial Trust (CIT) will not be selling its 97 freehold strata units in Lam Soon Industrial Building on Hillview Avenue just yet. Its manager, Cambridge Industrial Trust Management Ltd, said yesterday that though it received several offers
      333 words
    • 353 10  -  It will develop a dormitory in Port Hedland for workers in mining industry By JASMINE NG DORMITORY developer Centurion Corp is in a deal to buy four adjacent plots of land in Australia for A$4.8 million (S$6.1 million) as it cited opportunities in
      353 words
    • 342 10 Bloomberg [NEW YORK] American International Group Inc (AIG), the bailed-out US insurer, is raising as much as US$2 billion selling a stake in AIA Group Inc as chief executive officer Robert Benmosche accumulates funds to repurchase his company’s stock
      Bloomberg  -  342 words
    • 223 10  -  By LYNN KAN EZRA Holdings’ subsea construction arm Emas AMC won a contract from ABB to install power cables for the world’s largest gas platform, Troll A, in the North Sea. Emas AMC will connect a high-voltage AC subsea cable
      223 words
    • 233 10  -  By LYNN KAN SEMBCORP Industries has wrapped up its US$85.5 million purchase of AES Corporation’s power assets after receiving the go-ahead from the Chinese authorities. The deal, first announced in May, sees subsidiary Sembcorp Utilities breaking into the world’s largest wind power market,
      233 words
    • COMPANY BRIEFS
      • 68 10 Reuters [HONG KONG] Singapore-listed palm oil group Golden Agri-Resources plans to raise up to US$500 million in convertible bonds due 2017, according to terms of the deal seen by Reuters yesterday. The bonds were launched with a coupon of 2.25 per cent to 2.5
        Reuters  -  68 words
      • 125 10 SINGAPORE Exchange (SGX) has signed a memorandum of understanding (MOU) with the Istanbul Menkul Kiymetler Borsasi (IMKB) to foster mutual cooperation towards the development of both exchanges and their respective markets. SGX said that the MOU aims to foster closer collaboration in areas such
        125 words
      • 37 10 WORLD Precision Machinery has increased its investment in wholly owned World Precise Machinery (Shenyang) Co (WPMS). The capital injection of US$20 million brought the paid-up capital in WPMS to US$30 million.
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  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 150 7 i /i Ch» n a* n from Goodwood Park Hotel mfUOB #UOB 5421 2 Z12S JBU£ TA v/SA UOB CARDS Exclusive for UOB Cardmembers: 7-9 September 2012 9am 9pm at the Deli 20% off all mooncakes 25% off with a min. purchase of 4 boxes of 4 pcs or 8
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  • SINGAPORE MARKETS
    • 568 8  -  Sentiment clouded by uncertainty over bailouts in Europe and shape of the US economy STOCKS R SIVANITHY Senior Correspondent AS TRADERS waited to see if the European Central Bank (ECB) would deliver on its bond-buying promises, the Straits Times Index (STI) yesterday fell
      Source: Bloomberg  -  568 words
    • 66 8 Sep 6 VALUE CLOSE BT OB/OS -273.00 -63.00 BT CADI -*****.00 +31.00 BT 10-day MA -*****.00 -27.00 FTSE ST Mid Cap 709.57 -0.86 FTSE ST Small Cap 467.29 +3.15 FTSE ST All Share 727.13 -1.16 FTSE ST China Top 195.63 -0.15 FTSE ST China 213.07 -1.12 FTSE
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    • 58 8 VOLUME Goldtron 157,401,000 Thai Beverage 67,943,000 Genting SP 47,505,000 Noble Grp 38,302,000 Sakari 31,284,000 HPH Trust US$ 27,441,000 GSH Corp 26,278,000 CCFH 25,500,000 IPC Corp 23,491,000 Yoma 19,356,000 VALUE($) Genting SP 62,973,265 Sakari 58,657,560 DBS Grp 54,204,230 Noble Grp 45,155,531 SingTel 41,049,010 Wilmar 34,071,710 UOB 29,396,550 F&N
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 3 0 0 0 5 7 3 Manufacturing 44 27 44 3 5 9 47 32 53 Commerce 24 17 17 0 4 5 24 21 22 Tpt/Stor/Comms 15 15 9
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    • 885 8  -  Compiled by JOYCE HOOI United Envirotech Sept 6 close: $0.33 OCBC Investment Research, Sept 6 UNITED Envirotech Limited (UEL) has just signed a new agreement for a 30-year BOT (build-oper-ate-transfer) project in Xintai City, Shandong Province, China. UEL will invest some 100 million yuan ($20 million) in Phase
      Source: Bloomberg  -  885 words
    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,335 9,335 49,902 49,902 Manufacturing 202,620 194,494 397,114 185,668 2,978 188,646 Commerce 131,308 1,622 132,930 95,010 281 95,291 Tpt/Stor/Comms 87,989 14,385 102,374 114,081 4,282 118,363 Finance 23,470 506 23,976 117,034 211 117,245 Construction 27,167 1,230
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    • 112 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.615 -0.005 CapitaLand 3.030 CapitaMall 1.975 +0.015 CityDev 11.100 -0.170 ComfortDelGro 1.650 -0.015 DBS Grp 14.260 +0.080 F&N 8.250 +0.050 GLP 2.400 +0.020 Genting SP 1.330 -0.015 Golden Agri 0.695 HK Land 5.890 -0.050 JMH 54.290 -0.310
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    • 474 8 CURRENCIES Bloomberg [NEW YORK] The euro fell from a two-month high against the US dollar yesterday after the European Central Bank (ECB) cut its growth forecast for this year, adding to evidence that the region’s debt crisis is deepening. The single currency dropped
      Bloomberg; BLOOMBERG  -  474 words
    • 114 8 BY CENTS CLOSE UP GLD 10US$ ***** 189.2 0.9 DBXT MSKorea 10US$ 5389 46.1 0.7 Hyflux 6% CPS 10 ***** 30.0 0.3 DBS Bk 4.7% NCPS 100 ***** 20.0 0.2 DBXT MSTHAI 10US$ 1850 19.9 0.9 IS LC BND 100S$D 1286 17.0 1.3 DBS.ES.1209 1431 15.0 1.1 Jardine C&C
      114 words
    • 117 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 9507 -68.5 -0.6 DBXT S&P Short 10US$ 3592 -42.3 -0.9 DBXT FTVietnam 10US$ 2108 -38.6 -1.4 JMH 5429 -38.6 -0.6 JSH 3319 -31.1 -0.7 DBXT MSMSIA 10US$ 1330 -29.9 -1.8 CityDev.ES.1209 1110 -19.0 -1.7 CityDev 1110 -17.0 -1.5 SIA.ES.1209 1052 -16.0 -1.5
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    • 5 8 DAILY
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  • Page 9 Advertisements
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      111 words

  • Page 10 Advertisements
    • 1659 10 MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TULLETT LIBERTY (OIL ENERGY) PTE. LTD. (Registration No. *****1799R) (IN MEMBERS’ VOLUNTARY WINDING-UP) NOTICE OF RESOLUTIONS (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the abovenamed
      1,659 words
    • 249 10 THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ESPEN PTE. LTD. Co.Reg.No.*****5988G IN MEMBERS’ VOLUNTARY LIQUIDATION FINAL GENERAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of the abovenamed company
      249 words
    • 11 10 SINGAPORE'S Horresr hits HEAR rnewAMTeD's HOTTEST HITS ON HOT FM 91.3
      11 words

  • SINGAPORE NEWS
    • 536 11  -  PMs Lee, Wen grace agreement signing between Singbridge and Chinese city By CHUANG PECK MING in Beijing MILES away from home, Singapore has a giant farm to work on. Four years in the making, the mega food zone project in Jilin, a joint
      536 words
    • 227 11 SOUTH East District Mayor Maliki Osman and Citibank Singapore chief executive Han Kwee Juan shared some budgeting tips and advice with a group of students at a financial literacy workshop yesterday. The holiday workshop at Macpherson Primary School was attended by participants of the Citi-South
      227 words
    • 403 11 THINK BIG ENTREPRENEUR CONVENTION 2012 RUNNING a business without running out of ideas can be daunting. To aid entrepreneurs in search of some inspiration, The SME Magazine and the Action Community for Entrepreneurship (ACE) will bring together successful entrepreneurs, business specialists and creative
      403 words
    • 548 11  -  Grouping also flags worsening global economic forecast Reports by LEE U-WEN in Vladivostok, Russia SENIOR officials from the 21-member Asia-Pacific Economic Cooperation (Apec) bloc expressed concern over the worsening global economic forecast and the growing prevalence of trade protectionism. “We note with concern the IMF’s
      548 words
    • 589 11 PRIME Minister Lee Hsien Loong will arrive in Russia later today to attend the annual Asia-Pacific Economic Cooperation (Apec) leaders’ summit over the weekend. Mr Lee will fly directly to Vladivostok a port city on the Pacific Ocean where the high-level
      AFP  -  589 words
  • Page 11 Advertisements
    • 524 11 ©YAMAHA grancC'Piano fair 2012 Now tiCC 30 September TCaza Singapura #06-01 Come join us for performances on 8 9 September! C SERIES Yamaha’s CF series represents the pinnacle ofYamaha's tradition of piano crafting. Materials are carefully chosen and meticulously handcrafted for the dynamic range of tones that is now the
      524 words

  • MALAYSIA/INDONESIA
    • 405 12 Joint move with Malaysia, Thailand to boost prices for the commodity Reuters [SINGAPORE] Indonesia, the world’s second-largest rubber producer, will start cutting exports in the fourth quarter of this year, an industry official said, holding back around 100,000 tonnes of the commodity in
      Reuters; FILE PHOTO  -  405 words
    • 272 12 Reuters [KUALA LUMPUR] IGB Real Estate Investment Trust has priced its IPO to institutional investors at the top of an indicative range, sources said yesterday, in a deal that will raise about US$260 million in the buoyant Malaysian market. The IPO
      Reuters  -  272 words
    • 587 12 Bloomberg [MELBOURNE] Lynas Corp, developing the world’s largest rare-earth refinery in Malaysia, climbed the most in more than three years in Sydney trading yesterday after receiving a permit to start production following months of delays. The Malaysian Atomic Energy Licensing Board on Wednesday
      Bloomberg  -  587 words
  • Page 12 Advertisements
    • 444 12 TREASURES AND DIVINE CREATIONS Bring a touch of sophistication to your Mid-Autumn celebrations with The Fullerton Hotel Singapore's exquisite mooncakes encased in elegant oriental chest boxes from 16 August to 30 September. Enjoy our signature Fullerton 15 Treasures Premium Gift Set, Baked Mooncakes and five new snow skin mooncake flavours
      444 words

  • GREATER CHINA/INDIA
    • 957 13 Clinton’s trip to Beijing marred by sharp disagreements with Chinese leaders WP [BEIJING] It was supposed to be short and sweet potentially the last trip to China for Hillary Clinton as US Secretary of State. But her overnight stay in Beijing began with personal attacks against her
      WP  -  957 words
    • 622 13 Investments from foreign individuals in Indian equities Bloomberg [MUMBAI] India may attract as much as US$40 billion in two years from individual investors overseas after Prime Minister Manmohan Singh’s government allowed them to directly access Asia’s fifth-biggest stock market. “Money which will
      Bloomberg  -  622 words
    • 242 13 AFP [NEW DELHI] China’s defence minister caused a diplomatic headache during his trip to India by offering nearly US$2,000 as a tip to two air force pilots who flew him from Mumbai to New Delhi, reports said yesterday. Liang Guanglie, who left yesterday after a
      AFP  -  242 words
  • Page 13 Advertisements
    • 144 13 Alfred Dunhill Ltd. Menswear Leathergoods Accessories I.&X.. w V. t n m mm* «ss»8Sk» < a r 'A mm ?§f mm rtSfSjy.- Mg8&‘ f^SWfr in David Adjaye, architect The funny thing about architecture is that the drawings are done by computer and are really precise, but the actual buildings are
      144 words

  • ECONOMY WATCH
    • 833 14 Slowdown driven by sharp fall in commodity prices, China demand Reuters [SYDNEY] Almost US$15 billion of resources deals in Australia have been delayed or derailed since January due to a sharper-than-expected decline in commodity prices and Chinese demand, with transactions set to
      Reuters; AFP  -  833 words
    • 604 14 Reuters [SYDNEY] The number of Australians employed dipped unexpectedly in August. At the same time, the jobless rate also surprised by declining to a three-month low of 5.1 per cent, a mixed result that did nothing to alter expectations of more
      Reuters  -  604 words
    • 965 14 How Yubari is rebuilt is directly linked to nation’s future, says young mayor AFP [YUBARI, Japan] The population has shrunk to less than a tenth of its peak, services are vanishing and white elephant public works projects have left the greying inhabitants of
      AFP  -  965 words
    • 449 14  -  OECD cites eurozone crisis as dampening global confidence, weakening trade and employment By ANTHONY ROWLEY in Tokyo THE global economy is slowing, with key European countries entering a recession that is having an impact worldwide, the Organisation for Economic Co-operation and Development (OECD) said yesterday
      449 words
  • Page 14 Advertisements
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  • WORLD
    • 529 15  -  Sales push toned down to avoid becoming target of demonstrations By ANTHONY ROWLEY in Tokyo THE economic fallout from territorial disputes involving Japan, China and South Korea continues to spread, with the latest manifestation being a request from the Chinese authorities for
      529 words
    • 502 15 Unfazed by slowing China, it expects to beat 2011’s 3,538 Bloomberg [BANGKOK] Rolls-Royce Motor Cars Ltd forecast a second year of record sales as growth fuelled by Asian wealth outweighs the economic slump in Europe. The Bayerische Motoren Werke AG’s (BMW) ultraluxury unit
      Bloomberg; BLOOMBERG  -  502 words
    • 248 15 Reuters [NEW YORK] Citigroup is set to start up a finance business for commodity trade to move into a void left by a pullback from the market by major European lenders, according to a report in the Financial Times (FT) yesterday. European banks, including
      Reuters  -  248 words
    • 499 15 Move to pare US$1 b from overseas operations will dampen global aspirations Reuters [TOKYO] Nomura Holdings Inc, Japan’s biggest brokerage, said that it will make cuts in its equities and investment banking businesses as it looks to chop US$1 billion in
      Reuters  -  499 words
    • 649 16 Quick action needed to clean up bad debt to avoid ‘prolonged stagnation’: MPs Bloomberg [HANOI] Vietnam’s lawmakers say the country may need International Monetary Fund (IMF) aid to recapitalise its banks, which could make it the largest East Asian economy to seek a rescue
      Bloomberg  -  649 words
    • 633 16 Investigation draws warning from China Reuters [BRUSSELS] The European Commission launched an investigation into suspected dumping of solar panels by Chinese producers yesterday, drawing a warning from China that restrictions on its exports would hurt the global clean energy sector. The investigation into the
      Reuters; AFP  -  633 words
    • 851 16 Reuters [CHARLOTTE, North Carolina] Former US President Bill Clinton gave a rousing defence of President Barack Obama’s handling of the weak US economy on Wednesday and launched a detailed attack on Republican Mitt Romney in a speech that electrified the Democratic National Convention. Folksy,
      Reuters; REUTERS  -  851 words
    • 337 16 Bloomberg [LONDON] UK regulators plan to improve how banks, brokerages and other companies protect clients’ funds, particularly when the investment firm fails. The UK Financial Services Authority (FSA) said yesterday it will incorporate “lessons learned from recent insolvencies such as Lehman
      Bloomberg  -  337 words
    • 418 16  -  By KENNETH LIM INSURERS are struggling to protect against floods even as losses from such natural disasters balloon, according to a report by Swiss Re. Mandatory coverage and innovative solutions, such as parametric products and targeted low-in-come policies, could help insurers find commercially
      418 words
  • Page 15 Advertisements
    • 1983 15 Registration No. *****2527Z Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of LIAN BENG GROUP LTD (the “Company”) will be held at 29 Harrison Road, Lian Beng Building, Singapore *****8 on Wednesday, 26 September 2012 at 10.00 a.m. for the following purposes:AS ORDINARY
      1,983 words


  • Page 17 Advertisements
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      37 words

  • EDITORIAL & OPINION
    • 474 18 EDITORIAL WELL into the second half of 2012, the Singapore Exchange (SGX) has less than four months left to fire up what has been a cold year for new listings, even as existing listed companies continue to head for the exit. In the first
      474 words
    • 724 18  - Romney’s vow of 12m jobs promises, promises THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group ONE of the self-destructive tendencies of American politics is the eagerness of both parties to overpromise. Candidates make pledges that are difficult, sometimes impossible, to keep. When they aren’t redeemed, disillusioned Americans turn
      The Washington Post Writers Group  -  724 words
    • 983 18  -  Two of them are stars of their respective parties’ national conventions this year LEON HADAR Washington Correspondent THEY said it could never happen (or at least, “not in our lifetime”), that we would probably land a man on Mars before the American people
      AFP  -  983 words
    • 1114 19  -  They shouldn’t just accept the ballpark cost figures of a project post-disaster, but ask for its benefit-cost ratio By ROBERT KEE The writer is founder of the non-governmental organisation Operation Hope Foundation and author of the book ‘Changing Lives: Hard Truths about Helping the
      REUTERS  -  1,114 words
    • 725 19  -  By ANUJ KAGALWAL, AMIT HONDOCHA The writers are tax partner and senior manager, respectively, ofPwC Services LLP’s asset management tax practice THE family office concept is not widely known in Asia but is gaining in popularity among those with significant assets as its advantages
      LUDWIG ILIO  -  725 words


  • COUNTRY PROFILE: KAZAKHSTAN
    • 1155 20  -  Leading by example, Kazakhstan is showing that it is an achievable goal. Reports byVINCENT WEE Reports by VINCENT WEE TWENTY years after setting a shining example with its decision to close down the Semipalatinsk nuclear test site and remove all nuclear weapons from
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    • 764 20 Kazakhstan actively promotes peaceful uses of N-energy APART from being a leading light in the fight for nuclear disarmament and the ending of nuclear testing, Kazakhstan is at the forefront of other areas of international security and the promotion of peaceful uses of nuclear
      BLOOMBERG FILE PHOTO  -  764 words
    • 638 20 CICA’s members account for 90% of the territory and population of Asia THE idea for convening the first Conference on Interaction and Confidence Building Measures in Asia (CICA) in 1992 was proposed by Kazakhstan President Nursultan Nazarbayev at the 47th Session
      638 words
    • 980 21  -  A key reason is the possibility of nuclear terrorism which is one of the greatest threats the world faces. Reports by vincent wee Reports by VINCENT WEE WHEN Kazakhstan President Nursultan Nazarbayev speaks on nuclear issues, his authority on the subject rings loud because of
      980 words
    • 604 21 It gives Kazakhstan citizens more opportunities to defend their rights THE Republic of Kazakhstan adopted its Constitution in 1995 and its significance is commemorated every year. Among the events held in line with the celebration this year was a conference on constitutional issues held
      604 words

  • Page 21 Advertisements
    • 220 21 Almaty Blazes New Trails As The Host Of Winter Universiade 2017 The much-anticipated Winter Universiade in Almaty will go down in the history of university sports as the most innovative Winter Games with the implementation of bold and original ideas, particularly in the area of environmental protection and mobile communication
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  • Business Times, Friday, September PROPERTY
    • 1296 22  -  The use of glass in buildings here has become prevalent due to its aesthetic and practical qualities By ZEINAB YUSUF SAIWALLA ARCHITECTURE in Singapore is visibly changing, shedding its bulky concrete skin for a clearer and more transparent one. Glass may have been created some 4,000
      DP ARCHITECTS; AMIR SULTAN  -  1,296 words
    • 1068 24 Index within four points of historic high in low interest rate environment WP [TORONTO] Canadian real estate investment trusts (Reits), having outperformed the Standard Poor’s/TSX composite index 11-fold this year, are poised to reach a record on speculation that the central bank will
      WP  -  1,068 words
    • 916 26 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN AUG 8 AND AUG 14, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 14/08/2012 99 689 1346 1954 V On Shenton Apt
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  • Page 22 Advertisements
    • 144 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D04 HOUSE FOR SALE GOOD CLASS BUNGALOW GCB Sentosa, 15,100/ 11,000 sqft. 5 rooms 2 dining 3 family. 9010 0177/ 9636 1023 Steve (Megan) D04 HOUSE FOR SALE OCEAN DRIVE Sentosa Ocean Drive. Terrace Private berth. Lake view. 4-storey. 2315/ 4168
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    • 108 22 D04 HOUSE FOR SALE SENTOSA COVE Sentosa Cove. Unblocked golf course view. 9000 sqft. 5+1 rooms. New listing! Quality finishes. 9325 5000 Mike D05 HOUSE FOR SALE FABER HILLS Semi-D f’hold approx 5800/4000sqft 2sty Regular land, Potential 4-rm. New designer decor. $6.xM. Mins walk to Bus-stop. Clementi MRT/ Amenities. D05
      108 words
    • 105 22 D09 HOUSE FOR SALE GOOD CLASS BUNGALOW GCB land ***** sqft. A simply charming piece of land for your masterpiece creation. An architect’s favourite! $15xx psf only! Dan Lim 9853 4988 D10 HOUSE FOR SALE BRIZAY PARK For sales! ***** sqft land. Modern GCB Sits on hilltop. Full privacy. Asking
      105 words
    • 96 22 D10 HOUSE FOR SALE GOOD CLASS BUNGALOW Good class bungalow with unique terrain. Wide frontage. 6+2 living pool 1. Private. Spacious. Serene. www.*****783.com D10 HOUSE FOR SALE LAND Rare good class bungalow land for rebuild. Hilltop, superb view, regular shape. Walk to MRT. 9187 3757 Nick D10 HOUSE FOR SALE
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    • 91 22 D10 HOUSE FOR SALE NASSIM ROAD Nassim!! Super price!! The only GCB you really need. Beautiful APPC Michael Lam 9099 5185 D10 HOUSE FOR SALE SIXTH AVENUE Sixth Avenue boutique bungalow. 4500/ 7668 sqft. Glass lift to all levels. Basement swimming pool. 6223 8856 D11 21 HOUSE FOR SALE BINJAI
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  • Page 23 Advertisements
    • 270 23 D11 21 HOUSE FOR SALE GILSTEAD ROAD Rare! Priced to sell! 2½ sty house at Gilstead Road, freehold, 8 bdrms, elevated land, 6371 sqft, quiet surrounding, A&A/ rebuilt, mins to Novena. D11 21 HOUSE FOR SALE GOOD CLASS BUNGALOW Best of Binjai area GCB ***** sqft. Sprawling Garden. Open spaces!
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    • 221 23 D11 21 HOUSE FOR SALE TUDOR CLOSE Exclusive freehold 3-storey semi-d Tudor Close. 3965/ 3500 sqft. MRT. Well kept, 4+1. $8.2M. 8127 8337 KF D11 21 HOUSE FOR SALE UNIVERSITY ROAD 2-storey Semi-Detached. 5+1. 3500 4000 sqft. Inground pool. Renovation. Greenery. 9060 0747 Chris D11 21 HOUSE FOR SALE YARWOOD
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    • 225 23 D15 HOUSE FOR SALE EAST COAST ROAD East Coast precinct 2-storey quality bungalow. 5 ensuite. Approx 8500 sqft. Freehold. Sole agent Sharon 8101 5665 D15 HOUSE FOR SALE EVERITT ROAD 3-storey Terrace. Freehold 1720 sqft. 6 bdrm, Near Katong/ Joo Chiat. David Chua 9747 7927 OT D15 HOUSE FOR SALE
      225 words
    • 208 23 D17 HOUSE FOR SALE TOH AVENUE Brand new Semi-D, Toh Avenue. 2-storey, attic, roof garden, swimming pool. 5+1, approximate 3433/ 4885 sqft. Freehold. Hurry! D19 HOUSE FOR SALE BRIGHTON ESTATE Balinese-designed 2.5-storey Bungalow Brighton Estate. Freehold. 5430 6500 sqft. 6-rooms Ensuite. Ben 8100 0055 GPS Sglanded.net D19 HOUSE FOR SALE
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    • 218 23 D28 HOUSE FOR SALE DEDAP GARDEN 2-storey Semi-Detached with attic 4+1. 4300/ 3800 sqft. Quiet nice. Greenwich mall. Max 9151 8448 D28 HOUSE FOR SALE SARACA ROAD Freehold Land at Saraca detached house 12,000 sqft, potential for redevelopment asking $12.3m. Michael 9488 4417 D28 HOUSE FOR SALE SELETAR VIEW $2.25M.
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  • Page 24 Advertisements
    • 120 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D04 APARTMENT FOR SALE OCEANFRONT Stunning unblocked view! Enjoy Gorgeous sunrise from apartment Oceanfront 2077 sqft. Sharon Lee 8101 5665 D04 APARTMENT FOR SALE REFLECTIONS KEPPEL BAY 3 bedrooms, $15xx psf. 1625 sq.ft. Nice layout. Greenery view. William Hong 9828 3911
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    • 125 24 D04 APARTMENT FOR SALE THE AZURE Sentosa. Best price. 1776sqft. 3 bdrms. Spacious balcony. Great unit for ground flr lovers. Living/ bdrms full sea view. Motivated seller. $3.28M D05 APARTMENT FOR SALE FABER CREST Faber Crest 4 bedrooms 1755 sqft. Premium unit. Pool view. No west sun. $1.6xM. Nan Hua/
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    • 124 24 D09 APARTMENT FOR SALE THE LIGHT CAIRNHILL Don’t Miss! Cluster Conservation! The Light Cairnhill. 3875 sqft. Freehold. Kelvin 9841 3233 CBRE D09 APARTMENT FOR SALE NEW PROJECT LAUNCH Brand New 3-bedrm Great World City! Freehold, High floor, Fantastic view. 5 mins to upcoming MRT mall. $2.6Mil only! Kelvin Chng 8138
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    • 130 24 D09 APARTMENT FOR SALE RIVERGATE Rivergate (Designer decoration) 1938 sqft. 4+1. High floor/ Unblocked. Must view! Patrick Yeo 9002 2088 D09 APARTMENT FOR SALE RIVER VALLEY Invest 400 River Valley Walk-up Apt. Lush greenery. Huge potential for re-devt enbloc. Freehold 1100 sqft $2mil. Cherlyn Soh 9327 0541 Savills D09 APARTMENT
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    • 114 24 D09 APARTMENT FOR SALE THE IMPERIAL The Imperial, location within location! 1464 sqft, 3 bdrms. 2 balconies. No noon sun. Ask $1950 psf. D09 APARTMENT FOR SALE WATERSCAPE Prime District. Close to Orchard Shopping Belt, Somerset MRT. Freehold. 1 Bedroom. 592 sqft. Hurry! Benz *****000 D10 APARTMENT FOR SALE FERRELL
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  • Page 25 Advertisements
    • 245 25 D10 APARTMENT FOR SALE NASSIM PARK RESIDENCES Rare and exclusivity, Nassim Park Res. Penthse, 6814 sqft, 4 bdrm ensuite, premium blk, quiet, greenery, pte pool/ lift. Sole agent. D10 APARTMENT FOR SALE NATHAN RESIDENCES Nathan Residences Condo. Brand new condition. Freehold. 2-bedrooms, 786 sqft. Good investment. $1.35Million o.n.o. 9663 2151
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    • 242 25 D11 21 APARTMENT FOR SALE NOVENA New Launch! 8 mins walk to Novena MRT/ amenities. 1-bdrm from $8xxk only. Good Invesment! Rare! Freehold. D11 21 APARTMENT FOR SALE NOVENA New Launch! 8 minutes walk to Novena MRT/ malls. 1-bedroom from $8xxk. Attractive Discount. Freehold investment. D11 21 APARTMENT FOR SALE
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    • 239 25 D15 APARTMENT FOR SALE THE AMERY Penthouse 4+1 rooms. 2024 sqft. Freehold. 1 km Tao Nan. Vacant. $2.35m. Joanne Poh 8222 5402 D16 APARTMENT FOR SALE BEDOK RESIDENCES Bedok Residences. New Mall, Bus Interchange, MRT 3 bdrms, 1238 sqft, fr $1256psf/ 4 bdrms, 1528 sqft, fr $1269psf/ Penthouse 4 bdrms
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    • 238 25 D19 APARTMENT FOR SALE KENSINGTON PARK Kensington Park, 3 room Maisonette, 1582 sqft. Designer decor. Panoramic view. French School. Full facilities. Chris 9062 8333 D19 APARTMENT FOR SALE RIVER ISLES River Isles Punggol Ctr. Quality marble finishing with branded fittings. F/facilities. 3/ 4 bdrm fr $753K. D23 APARTMENT FOR SALE
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    • 244 25 D10 HOUSE FOR RENT GOOD CLASS BUNGALOW Good class bungalow with unique terrain. Wide frontage. 6+2 living pool 1. Private. Spacious. Serene. www.*****783.com D11 21 HOUSE FOR RENT 8 VANDA ROAD Prime. Bungalow 7500/6500 sqft 6+1+pool. Renovated. 2 yrs. 3 levels. $16.5K. Also for sale. Owner 9863 5635 9727 2996
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  • Page 26 Advertisements
    • 506 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D09 APARTMENT FOR RENT HOLLAND PEAK Holland Peak. 2600sqft, 4+1, High flr, Near Holland Village. Greenery. Expat Choice. YN *****947 D09 APARTMENT FOR RENT HOLT RESIDENCES Holt Residences. 4 bedrooms 2065 sqft. Well kept. Partial furnished. Unblock. Face M’sian Embassy. Chan 9070
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    • 136 26 D01 SHOP FOR SALE CHINATOWN F’hold Shophse Chinatown, MRT, F&B, 3-sty/ South Bridge Rd, MRT $4M/ Hongkong St, Upp Circular Boat Quay river view 4sty/Amoy, Duxton, Tg Pagar D01 SHOP FOR SALE SHOPHOUSE DISTRICT 1 Want to own your own shophouse? 3.5-storey. Land 1490sqft. MRTs. Freehold/ regular-shaped. Suits own use.
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  • Page 27 Advertisements
    • 453 27 D14 FACTORY FOR SALE KAKI BUKIT B2 Terrace Factory Kaki Bukit, Provision To Ancillary Dormitory, future MRT, investors choice. High return yield. Nick 9187 3757 D14 FACTORY FOR SALE UBI TECHPARK Corporate Image! Ubi Techpark. 7800 sqft, 3-sty, pte lift. 1st/ 2nd floor Industrial. 3rd floor office. 9818 6328 CJ
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    • 245 27 D14 OFFICE FOR SALE OFFICE RETAIL MIX Rare D.14 Freehold Office Retail Mix. New units now! MRT. TOP ’2014. Developer Agent D14 OFFICE FOR SALE PAYA LEBAR Paya Lebar vicinity B1 office. 1699 sqft. Freehold. Fully fitted, aircon. High floor. Near MRT. D14 OFFICE FOR SALE UBI AVENUE 1 53
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    • 117 27 D20 OFFICE FOR SALE MIDVIEW CITY Midview city. 1679 sqft. Sale with tenancy. Renovated. Ramp up/ carpark. Near passenger/ Cargo lift. Yian 9760 5779 D22 FACTORY FOR SALE ENTERPRISE HUB Toh Guan Road East. 60 years from 1st Dec 1997. 3520 sqft. 8m hgt. D22 SHOP FOR SALE JURONG WEST
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    • 262 27 D26 FACTORY FOR SALE TAGORE Tagore Corner Terrace 3-storey. Land *****/ 6200 sqft. Freehold. Easy Access/ Loading Bay. Wendy 9190 0566 D27 FACTORY FOR SALE NORTHLINK BUILDING Northlink bldg 5188sqft Ramp-up B1 factory, with mezzanine, high ceiling. 2 toilets extra storage area. No GST. negotiable. Don’t miss! D01 OFFICE FOR
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    • 192 27 D03 OFFICE FOR RENT LOWER DELTA ROAD Office Space for rent D3. Partially fitted. Aircon. 4-room conference room. 1098 sqft. Asking $4.5K. 9180 3643 JS D08 SHOP FOR RENT SERANGOON ROAD Prime Location 1350/ 2600 sqft. Suits Jeweller/ Bank/ etc. Between 2 MRTs, car park. D11 21 SHOP FOR RENT
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  • SHIPPING/AVIATION
    • 409 28  -  Trent900 assembled at aero-engine maker Rolls-Royce’s Seletar plant By VEN SREENIVASAN [SINGAPORE] In another first for Singapore aviation, Rolls-Royce will roll out its first-ever Singapore-assem-bled aero engine, the Trent900, from its massive Seletar plant on Sept 12, to be witnessed by the Duke
      409 words
    • 260 28 SGX '000 Sep 6 S$ +/-Vol CH Offshore 0.46 unch 159 Chuan Hup Hldg 0.25 unch 25 Cosco Corp 0.95 0.01 3962 s$ Ezra Hldgs 1.09 0.01 5579 First Ship Lea 0.12 unch 1633 Freight Links 0.06 unch 550 Grand Banks 0.30 -0.01 15 Jaya Hold Ltd 0.56
      260 words
    • 862 28 Carriers raise rates on Asia-US routes as retailers stock up for holiday shopping Bloomberg [HONG KONG] The shipping lanes of the Pacific and Indian Oceans show the diverging fortunes of US and European consumers ahead of the busiest shopping season of the
      Bloomberg  -  862 words
    • 322 28  -  MSW is fitted with crane lifting, cargo handling, mooring, berth facilities By LYNN KAN [SINGAPORE] Singapore returns to having two lighter terminals to deliver supplies to ships that pull into one of the world’s busiest ports with the $16 million Marina South
      322 words
    • 1049 28 Bloomberg [SYDNEY] Singapore Airlines Ltd was due to receive its 19th Airbus A380 yesterday, leaving the biggest buyer of jumbo jets with none on order for the first time in 30 years. The handover of the
      Bloomberg; AFP  -  1,049 words
    • 3458 29 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 GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
      3,458 words
  • Page 28 Advertisements
    • 36 28 THE YOUNG GUNS Meet the young Indian cricketers who won the U-19 World Cup last month THE MAN WHO DID S’PORE’S FIRST PAEDIATRIC LIVER TRANSPLANT GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      36 words


  • Page 30 Advertisements
    • 124 30 TO ADVERTISE IN THE BUSINESS TIMES Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 Spotlig Award ht Wins Certifications Come publicise your Award Wins Certifications, Ship Christenings Delivery of
      124 words

  • SINGAPORE STOCKS
    • 2667 31 Transaction date: Sep 6 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld 133.5 92.5 AIMSAMPIReit 131.5 unch 622 133.5 131.5 131.5 132.5
      2,667 words
    • 173 32 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 4.6 1.3 t Advanced System 1.9 unch 548 1.9 1.9 1.8 1.9 25.2 Last Quote Div Gr Yld Net M Cap
      173 words
    • 8089 32 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited 0.96/ Aberdeen Asset Mat Asia Limited Asian Local "<fcy SD Bond 0.9835/ EM local Ccy
      8,089 words
    • 193 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 41.5 25.5 Genting HK US$ US33 +0.5 3037 33 32.5 32.5 33 2172.9 Last 220 168 TanChongInt HK205 +3 87 205 204 202 205 4.3 3.4
      193 words
    • 951 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 127.1 120.4 CIMB APAC Div 100S$D 127.1 +6.7 2 127.1 127.1 123 124.2 103 95.8 CIMB APAC Div 100US$ US99.4 +0.4 2 99.4 99.4 98.9
      951 words


  • FINANCE & COMMODITIES
    • 641 33 Sep 6 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8690.34 8697.00 8646.03 Sep12 8690.00 8710.00 8635.00 8690.00 ***** *****1 Dec12 8615.00 8640.00 8575.00 8625.00 5518 ***** MSCI TAIWAN INDEX FUTURES SPOT 261.11 261.37 258.54 Sep12 259.50 260.70 257.70 258.90 ***** *****6 Oct12 259.00
      641 words
    • 373 33 In local curr In S$ In US$ dy yr dy yr dy yr Sep 5 Index Change Change Change Change Change Change World Preliminary 895.5 0.0 7.9 0.0 3.7 0.0 7.8 EAFE Preliminary 709.6 -0.2 4.0 -0.1 -0.6 -0.1 3.3 Europe Preliminary 1081.0 0.1 5.3
      373 words
    • 120 33 A>U' i 5 £»>»•—. WV»w/.<Tnv non ty PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 562.55 560.05 560.90 629 GOLD FUT DEC2012 1697.00 1691.90 1694.10 54 CURRENCY EUR-USD FUT SEP2012 1.2625 1.2504 1.2598 3241 BASE METAL COPPER FUT DEC2012 7774
      120 words
    • 107 33 Sep 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1748.00 1771.00 1771.50 1744.25 Nov 12 1747.50 1768.25 1769.75 1742.50 Jan 13 1746.25 1766.25 1767.50 1742.00 Mar 13 1694.50 1712.00 1712.00 1686.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 57.36
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    • 70 33 CRUDE OIL PRODUCTS Sep 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.36 -1.15 WTI (Near Mth) 95.48 -0.03 Dubai (1-Mth F) 110.48 -2.36 Tapis blend 116.51 -2.80 Minas 112.66 -3.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.56 -1.55 Jet Kerosene 134.13 -2.73 US$/barrel OpecOil Basket
      70 words
    • 25 33 Sep 6 1) MU CllfM i mnmii i H9e» i rnumi'\ i W' mvutin t f. mntftlu i <**i Source: OCBC
      25 words
    • 66 33 Sep 5 Sep 5 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1962.00 1926.00 3 months 1972.00 1945.00 Copper, Grade A(US$/tonne) Cash 7731.00 7631.00 3 months 7735.50 7635.00 Lead(US$/tonne) Cash 2021.25 1994.75 3 months 2029.00 1995.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.50 3
      66 words
    • 80 33 Sep 5 COCOA (£/tonne) Close Prev High/Low Sep 12 1702 1651 1705/1650 Dec 12 1720 1669 1724/1667 Mar 13 1710 1660 1714/1657 May 13 1713 1665 1716/1663 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2019 2045 2058/2015 Nov 12 2038 2081 2081/2031 Jan 13 2054 2093 2092/2047 Mar 13 2065
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    • 900 33 BONDS, WARRANTS EXTENDED SETTLEMENT IM, III JOT) Silt UA. v.4» LomjiAny l«ii >a< •Am441* riu« u l A«Ui|'Mr>nfiT \TMIM 4 1 SJL. 'iu »ut 0“ Mi.vitiw^wniuM 1 i 1 i. 14 li I 1 ji TU» #4H#T i«.tl(rr.,la»JS i**l J 1>4 .»V* •41 *1 it A XI *0 #AKt»T.*»ll.WHlW*. •li
      900 words
    • 470 33 Sep 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.013 6.497 0.812 7.946 57.236 98.261 0.803 11.618 3.192 1.285 96.904 42.890 1.276 8.566 0.979 30.584 31.985 0.644 1.024 Canada 0.987 6.411
      470 words
    • 62 33 Sep 6 (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$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
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    • 136 33 Sep 6 GOLD(US$/oz) Sep 05 Sep 06 Hong Kong 1697.00 1716.30 Sep 06 Sep 04 Sep 05 London 1693.50 1693.51 1694.50 1694.28 Source: Thomson Reuters CAST BAR Sep 06 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 164 68 5gm 466 341 10gm
      136 words
    • 88 33 Sep 6 Sep 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 06-Dec-12 0.25 6-Month BS*****T 07-Mar-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.05 5-Year N*****0Z 2.375
      88 words
    • 57 33 Sep 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 2820.0 2888.0 2840.0 2820.0 33 2457 Oct 12 2903.0 2938.0 2917.0 2864.0 2300 ***** Nov 12 2965.0 2990.0 2969.0 2913.0 ***** ***** Dec 12 3005.0 3033.0
      57 words
    • 154 33 Sep 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2749 1.2765 1.0241 1.0246 Canadian dollar 1.2584 1.2595 1.0109 1.0108 Euro 1.5709 1.5723 1.2619 1.2620 NZ dollar 0.9921 0.9934 0.7969 0.7973 Sterling pound 1.9803 1.9822 1.5907 1.5910
      154 words
    • 121 33 As at 9am Sep 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.302 1.240 Can dollar 1.289 1.228 Euro 1.609 1.533 Sterling pound 2.021 1.944 NZ dollar 1.020 0.972 US dollar 1.266 1.218 Local dollars to 100 units of foreign
      121 words
    • 154 33 Sep 6 $S Offer Bid 0vernight 0.01 Par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ 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 1.05 0.85 12
      154 words

  • executive lifestyle
    • 2303 34  -  The sellout success of the Fifty Shades of Grey phenomenon is transforming not only the book industry here, but bedrooms too, reportCHRISTOPHER LIM and HELMI YUSOF reportCHRISTOPHER CHRISTOPHER LIM HELMI YUSOF LITERARY sensation Fifty Shades Of Grey may have started out as fan fiction inspired by the
      PHOTO-ILLUSTRATION: HYRIE RAHMAT  -  2,303 words
    • ENTERTAINMENT/ARTS
      • Article, Illustration
        573 35  -  Action star Mark Wahlberg trades his chopsocky for an outing with a motor-mouthed teddy, reviews GEOFFREY EU reviewsGEOFFREY reviewsGEOFFREY EU I N a movie career spanning close to 20 years, Mark Wahlberg has played a variety of memorable roles, including an otherworld-ly-endowed porn star (Boogie Nights), a hard-nosed
        WARNER BROS  -  573 words
      • AroundTown
        • Article, Illustration
          422 35 Treasures of the Aga Khan Museum Weekend Festival: This weekend, test your chalk art skills and learn about miniature paintings at the Asian Civilisations Museum. The museum opens its doors on Saturday and Sunday (9am-7pm for free admission to galleries; while special activities will run from 1pm-6pm) to celebrate
          ASIAN CIVILISATIONS MUSEUM  -  422 words
        • 251 35 Gastrogig: For its second appearance atop the Sime Darby Centre tonight and tomorrow, pop-up gourmet restaurant Gastrogig casts the spotlight on Filipino guest chef Roberto Pengson, who will present a degustation menu inspired by Filipino national hero Dr Jose Rizal. Pengson is the chef-owner of The Goose Station, a
          251 words
      • 616 35  -  By GEOFFREY EU THE Woman in the Fifth is a slow-moving yet quietly absorbing psychological thriller that bears all the tell-tale marks of European arthouse cinema, with a couple of notable exceptions: significant amounts of dialogue are in English, and its two stars no
        CATHAY-KERIS FILMS  -  616 words
      • 577 35  -  CD REVIEWS By CHRISTOPHER LIM CONVENTIONAL dance music, such as house, is easy enough to define, with a central thumping beat accentuated with synthesizers and vocal samples. But there are plenty of examples that lurk at the fringes of the genre that are fodder for
        577 words
    • ARTS
      • Article, Illustration
        943 36  -  Yoko Ono steps out of the shadow of her late husband, The Beatles’ John Lennon, to hold court with her own artistic voice at London’s Serpentine Gallery, writes ZEHRA JUMABHOY writesZEHRA writesZEHRA JUMABHOY WHAT is Tokyo-born Yoko Ono famous for? Apart from being wife and muse of the
        PHOTOS: SERPENTINE GALLERY, LONDON  -  943 words
    • BOOKS/GAMING
      • 867 37  -  An ex-Navy SEAL involved in the biggest sting operation in US history gives a first-hand account in the controversial expose, No Easy Day, writes TONY CAPACCIO writesTONY writesTONY CAPACCIO I N No Easy Day, retired Navy SEAL Matthew Bissonnette recalls skimming the night-time rooftops of Baghdad
        AFP  -  867 words
      • 481 37  -  GAMING PREVIEW By CHRISTOPHER LIM IN the world of gaming, great stories often fall victim to even greater expectations, but 343 Industries is determined to get science fiction game Halo 4 scheduled for release on Nov 6 right. There’s actually plenty in its favour:
        481 words
    • ARTS/WINE
      • 588 38  -  By HELMIYUSOF BUSINESSES must “look like art” if they want to succeed beyond their wildest dreams. So believes Toshiyuki Inoko, the crystal ball-gazing co-founder of Japan’s most famous digital solutions company, teamLab. Regarded as a minor visionary among computer geeks, he says that companies must learn
        PHOTOS: IKKAN ART GALLERY  -  588 words
      • 1057 38  -  Three seminal works by Kuo Pao Kun will be staged in homage to a giant of local theatre on the 10th anniversary of his death, previews HELMI YUSOF HELMI YUSOF THE spirit of Kuo Pao Kun lives on in the cultural halls of Singapore. Three good plays
        JOHN HENG; PHOTOS: THEATRE PRACTICE, PLATFORM65  -  1,057 words
      • 694 38  -  By CHRISTOPHER LIM ANYONE can throw together a wine-pairing menu, but the cohesiveness of a meal’s theme is what makes it stand apart from the rising sea of similar dinners here. That’s how LP Tetsu’s Burgundy Truffle Wine Dinner promises to distinguish itself the week after
        CHRISTOPHER LIM  -  694 words
    • WINE
      • 1215 39  -  The classic vintages of Chateau Ducru-Beaucaillou embody the quintessential Bordeaux taste experience, writes N K YONG writesN writesN K YONG THE psychology of the wine consumer public seems to resemble the world of fashion. The media holds undue, usually unwarranted sway; icons are created by them, looked
        AP  -  1,215 words
    • THE ROAD LESS TRAVELLED
      • Article, Illustration
        1652 40  -  Putting a new spin on all things Asian and traditional, and branding it for the world is what drives lifestyle store owner Douglas Young, writes DEBBIE YONG writesDEBBIE writesDEBBIE YONG WHEN Douglas Young started his contemporary lifestyle store Goods of Desire in Hong Kong in 1996, the
        PHOTOS: GOODS OF DESIRE  -  1,652 words
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  • Page 35 Miscellaneous
    • 280 35 CRYPTIC CROSSWORD Across 1 Musicians’ union (8) 6 Hint of a gloomy return East (6) 9 Samuel’s teacher has turned out to be a prophet (6) 10 Sole policy (8) 11 First man to devise outlet in wrought iron (8) 12 Stop side transferring good man (6) 13 Volunteer and
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    • 224 40 o Sheer Driving Pleasure BMW INDIVIDUAL. YOUR SIGNATURE, ON A MASTERPIECE. The finest works of art always bear the name of their creators. With BMW Individual, you can leave your signature mark through a plethora of bespoke choices. Headrests, for instance, can be embroidered with your personal monogram, lettering or
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