The Business Times, 16 July 2013

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL32656
Total Pages: 31
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, July 16, 2013
    25 words
  • Article, Illustration
    Lock icon Moody’s turns bearish on S’pore bank sector
    956 1  -  It downgrades outlook to negative on concerns over rapid loan growth and possibility of fall in asset values By SIOW LI SEN [SINGAPORE] Moody’s Investors Service has downgraded the outlook for Singapore’s banking system to negative from stable, owing to rapid loan growth
    Source: MAS; Source: Banks’ financial statements (DBS, OCBC, UOB), Moody’s  -  956 words
  • Article
    Lock icon ‘Big boss’ GSK gets a taste of Chinese medicine
    795 1  -  4 top execs held as Beijing cracks down on bribery By SHU-CHING JEAN CHEN in Hong Kong FOUR top executives of British drug firm GlaxoSmithKline (GSK) have been detained in China for alleged bribery offences. The move could herald a shakeout
    795 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,236.82 (+0.76) EST INDEX FUTURES 3,230.00 (unch) GSIMSCI 365.91 (+0.81) GSIMSCI FUTURES 365.10 (+1.30) US$ S$ US$ (S$ per US$) 1.266 (US$/S$ per 1.508 1.909 EURO (US$/S$/€ 1.305 1.652 Foreign currency per US$ S$ YEN 99.50 78.60 RM 3.188 2.519 HK$ 7.758 6.131 BAHT 31.10 24.57 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      47 1 Monday Change KL COMP 1,786.67 +1.02 NIKKEI 225 Closed HANG SENG 21,303.31 +26.03 SET INDEX 1,455.40 +1.69 JAKARTA COMP 4,635.73 +2.62 MANILA COMP 6,619.95 +45.74 SEOUL COMP 1,875.16 +5.18 SHENZHEN B 785.74 +11.46 MUMBAI IND 20,034.48 +76.01 12noon EDT Change DOW 15,477.50 +13.20 NASDAQ 3,605.55 +5.47
      47 words
    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA INDONESIA HONG KONG TAIWAN INDONESIA 13.479 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 INDIA 0.50 Source: Bloomberg
      21 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      221 1 BANKING Piyush Gupta’s outlook CORPORATE RESULTS SPH Q3 profit up 81% at $187.5m on fair value gain PAGE 4 PROPERTY Developers’ sales set to slow after 24% surge in June PAGE 2 SME Inc A clean bill of (dental) health PAGE 10 PAGE 3 Singapore banking system outlook. Full report
      221 words
Page thumbnail Page 2
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      148 3 HSBCO 2X SHELL ESCAPE POI NTS' WITH HSBC CARDS HSBC H PREMIER o o o yyy LC CTOfi LEE Enjoy up to 19% savings* on Shell Fuels with your HSBC Premier Mastercard® Credit Card. Plus, enrol in the HSBC-Shell Escape Programme to earn 1 Shell Escape Point A for every
      148 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon SPH Q3 profit up 81% at $187.5m on fair value gain
      576 4  -  Results include $111.4m fair value gain and $26.2m impairment loss; group operating revenue dips 2.1% By MICHELLE QUAH SINGAPORE Press Holdings (SPH) saw its net profit jump 80.7 per cent in the third quarter ended May 31, 2013, thanks
      576 words
    • Article, Illustration
      Lock icon CapitaMalls Asia buys 10th Beijing mall for 1.74b yuan
      396 4  -  By JACQUELYN CHEOK CAPITAMALLS Asia Ltd (CMA) announced yesterday that it has won a tender to acquire Grand Canyon Mall, its 10th shopping mall in Beijing, at a price of 1.74 billion yuan (S$356.6 million). CMA will offer the mall to
      396 words
    • Article
      Lock icon Innopac’s offer for Merlin Diamonds lapses
      404 4  -  By LEE MEIXIAN INNOPAC Holdings’s proposed takeover offer for Australia-listed diamond mining and exploration firm Merlin Diamonds has lapsed after certain conditions were not met by the closing date, it said yesterday. The development comes shortly after recent media reports in Australia claiming that
      404 words
    • Article
      Lock icon KrisEnergy IPO sees hot demand internationally
      582 7  -  Placement close to 6 times oversubscribed by institutional investors By CAI HAOXIANG DESPITE being priced at the top of its range, independent oil and gas company KrisEnergy is shaping out to be a hot offering. Its international placement of 132.1 million shares is close
      582 words
    • Article
      Lock icon Fortune Reit DPU up 11.9% in Q2
      267 7  -  By ONG CHOR HAO FORTUNE Real Estate Investment Trust (Fortune Reit) has posted an 11.9 per cent increase in distribution per unit (DPU) for the second quarter ended June 30 over the same period last year to nine Hong Kong cents. This comes
      267 words
    • Article, Illustration
      Lock icon Keppel Reit posts Q2 DPU of 1.97 cents
      481 8  -  Distributable income up 6% to $52.8m as occupancy for portfolio improves By MINDY TAN KEPPEL real estate investment trust (Reit) posted a distribution per unit (DPU) of 1.97 cents for the three months ended June, up 1.5 per cent from the 1.94
      481 words
    • Article
      Lock icon K-Green Trust’s net drops 10.7% in Q2
      361 8  -  By MINDY TAN K-GREEN Trust’s net profit dropped 10.7 per cent to $3.9 million for the second quarter, from $4.3 million a year ago. Revenue for the three months ended June 30 was also down 27.0 per cent, at $16.8 million. This was
      361 words
    • COMPANY BRIEFS
      • Article
        Lock icon Miyoshi records $378,000 Q3 loss
        99 8 MIYOSHI Precision yesterday reported a loss of $378,000 for its third quarter ended May 31, from a $1.78 million net profit the same period a year ago. Miyoshi makes mould and precision pressed parts for data storage products. It said the results were due to
        99 words
      • Article
        Lock icon Technics sets up $200m MTN
        62 8 SPECIALIST engineering service provider Technics Oil and Gas said yesterday that it has established a $200 million multicurrency medium-term note programme. The Hongkong and Shanghai Banking Corporation Limited is acting as arranger and dealer. Net proceeds from the notes will be used for general corporate
        62 words
      • Article
        Lock icon Hong Leong Asia gets new CFO
        82 8 BUILDING materials supplier Hong Leong Asia said it has appointed Goh Cher Shua, 57, as its new chief financial officer. Mr Goh was the financial controller of UTAC Dongguan Ltd since January 2011 and has held various senior management positions in listed companies Amara
        82 words
    • Article
      Lock icon Qian Hu’s Q2 net down 84%, looks ahead to better H2
      518 8  -  By MICHELLE QUAH ORNAMENTAL fish provider Qian Hu Corporation saw its bottom line eaten away by lower takings in its ornamental fish division as well as by increasing raw materials prices, for the second quarter ended June 30, 2013,
      518 words
    • Article
      Lock icon Keppel T&T to acquire 60% stake in Sanshui Port
      357 8  -  By NELSON LEE KEPPEL Telecommunications Transportation Ltd (KTT) said its unit will buy a 60 per cent stake in Foshan Sanshui Port Development Co Ltd in Foshan City, China, for 165.73 million yuan (S$34.12 million). The conditional share purchase agreement (SPA)
      357 words
    • Article
      Lock icon Keppel O&M to build 5th rig for Mexico’s Grupo R
      344 8  -  By LYNN KAN KEPPEL Offshore Marine will build a fifth jack-up rig to its proprietary KFELS B Class design for Mexican drilling company Grupo R worth US$206 million. The offshore marine arm of Keppel Corporation yesterday said the rig will
      344 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      196 4 One of the LARGEST Investment Fairs in Town! EVENT HIGHLIGHTS Panel Discussion on Market Outlook (In English and Mandarin) Interact Access to International Local Exhibitors Over 40 FREE Investment Seminars Get Exclusive Promotion from our Exhibitors only at INVEST Fair Keynote Presentations by Popular Investment Speakers Attend Educational Workshops by
      196 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      129 4 m the Ititecture tyivironment series oP events Par the built environment and F'5= lnterDecAsia2013 interior Decor ft Retrofitting Expo 2013 International Building Technology Expo in:PAVING fWAYwE FUT’JilE O f LIGHT MG Moving Towards IFuture Spece Management Utilization Operation S t Functional ft Capital OPERATE SS5SS; DECOMMISSION Delivery Management Inventory ft
      129 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      468 5 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E Unaudited Results for the Third Quarter ended May 31, 2013 (Extract) GROUP FINANCIAL HIGHLIGHTS 3Q 2013 $’000 3Q 2012 $’000 Restated* Change GROUP FINANCIAL HIGHLIGHTS YTD 2013 $’000 YTD 2012 $’000 Restated* Change Operating revenue Operating revenue 324,951 331,840
      468 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market awaits Bernanke’s speeches
      581 6  -  Caution reigns with volume generated mainly by low-priced counters STOCKS R SIVANITHY Senior Correspondent Although the straits Times Index managed a modest rise of 0.76 of a point to 3,236.82, the more important statistics was that business done amounted to a poor two billion units worth
      Source: Bloomberg  -  581 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Jul 15 VALUE CLOSE BT OB/OS 400.00 -9.00 BT CADI -*****.00 -43.00 BT 10-day MA -*****.00 +40.00 FTSE ST Mid Cap 763.22 -0.04 FTSE ST Small Cap 574.87 -0.04 FTSE ST All Share 792.18 +0.13 FTSE ST China Top 199.73 +1.00 FTSE ST China 230.44 +1.54 FTSE
      73 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Mirach Energy 210,748,000 SingHaiyi 187,937,000 SingHaiyi R 133,691,000 NexGenSCom 103,629,000 Innopac 80,764,000 OKH Global 70,040,000 Golden Agri 57,165,000 YHM 50,941,000 HanKore 37,248,000 ISOTeam 35,448,000 VALUE($) Mirach Energy 84,072,900 SingTel 44,067,108 DBS Grp 34,829,226 Wilmar 33,646,496 Golden Agri 31,569,260 OKH Global 30,660,410 Keppel Corp 30,605,670 OCBC Bk
      56 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 3 0 0 0 6 7 3 Manufacturing 47 51 42 5 15 7 52 66 49 Commerce 15 26 20 0 6 4 15 32 24 Tpt/Stor/Comms 10 17 10
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Ezra Holdings
        305 6 July 15 close: S$0.91 DMG Partners Research, July 15 EXCLUDING a U$59 million gain from one-off items, Q3 FY2013 core net loss of US$52 million was below our and consensus expectations. Q3 FY2013 revenue rose 19 per cent y-o-y and 28 per cent q-o-q to US$317 million on
        Source: Bloomberg  -  305 words
      • Article
        Lock icon OSIM International
        368 6 July 15 close: S$2.03 Maybank-Kim Eng Research, July 15 WE had a firsthand look at the eagerly awaited new chair (uInfinity), which has just been soft-launched in Hong Kong. This chair will replace the existing uDivine, which has been the flagship for the past three years. Initial selling
        368 words
      • Article
        Lock icon Mapletree Commercial Trust
        245 6  -  Compiled by KENNETH LIM July 15 close: S$1.23 Macquarie Equities Research, July 12 WE initiate coverage of Mapletree Commercial Trust (MCT) with an “outperform” recommendation and discounted cash flow-backed target price of S$1.37, implying potential total shareholder return of 26.2 per cent. Key asset, VivoCity, is Singapore’s
        245 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,159 14,159 49,308 49,308 Manufacturing 202,878 33,860 236,738 120,587 3,599 124,186 Commerce 207,014 22,286 229,300 66,800 1,582 68,382 Tpt/Stor/Comms 83,185 28,021 111,206 113,549 11,072 124,621 Finance 94,589 110 94,699 108,588 48 108,636 Construction 58,081 53,027
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 6 Stock name Close Change CapMallsAsia 1.945 +0.020 CapitaLand 3.190 +0.030 CapitaMall 2.010 CityDev 10.800 -0.180 ComfortDelGro 1.925 +0.005 DBS Grp 16.490 +0.110 GLP 2.910 +0.070 Genting SP 1.350 Golden Agri 0.545 -0.020 HK Land 6.770 +0.020 HPH Trust US$ 0.770 +0.010 JMH 59.500 -0.590 JSH 36.550
      110 words
    • Article, Illustration
      Lock icon Dollar continues to advance against yen
      467 6 CURRENCIES Bloomberg [LONDON] The US dollar yesterday strengthened for a second day against the yen amid speculation that the Federal Reserve will reduce monetary stimulus. The greenback pared gains against the euro after US retail sales in June rose less than forecast. The Bloomberg
      Bloomberg; PHOTO: BLOOMBERG  -  467 words
    • Article
      Lock icon RISES
      113 6 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 377.8 1.8 DBXT MSJAP 10US$ 4636 98.7 1.7 GLD 10US$ ***** 79.7 0.5 DBXT MSTaiwan 10US$ 1870 62.0 2.7 UOB.ES.1307 2124 27.0 1.3 DBXT MSMSIA 10US$ 1494 24.0 1.3 Lyxor Russia 10US$ 378 21.5 4.7 DBS Bk 4.7% NCPS 100
      113 words
    • Article
      Lock icon FALLS
      123 6 BY CENTS CLOSE DOWN JSH 3655 -135.4 -2.8 UOB 5.05%NCPS 100 ***** -80.0 -0.8 JMH 5950 -74.6 -1.0 DBXT Nifty 10US$ ***** -49.3 -0.4 DBXT MSTHAI 10US$ 2089 -39.2 -1.5 DBXT MSINDO 10us$ 1496 -30.4 -1.6 Jardine C&C 4130 -25.0 -0.6 DBXT S&P Short 10US$ 2899 -20.2 -0.5 CityDev
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      973 7 THE WORLD’S FINEST SERVICED VIRTUAL OFFICES Variety of offices to cater to your every need Prestigious address, dedicated receptionist secretarial support, 5 star meeting rooms boardrooms Experience world leading IT and communications technology Take advantage of flexible lease terms from 1 month Company Registration Services Available Phone number issued INSTANTLY!
      973 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      1403 8 STRATECH SYSTEMS LIMITED (Incorporated in Singapore with limited liability) (Co. Reg. No: *****8251Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of STRATECH SYSTEMS LIMITED (the “Company”) will be held at the Function Room 1, 31 International Business Park, Level 1, Creative Resource (Main
      1,403 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article
      Lock icon Shanmugam calls for greater female board representation
      621 9  -  This could also help organisations improve on their performances By MALMINDERJIT SINGH SINGAPORE can do better in ensuring more women leaders are represented on corporate boards as diverse representation, mixed boards and executive teams could also result in better corporate performance. Singapore currently
      621 words
    • Article, Illustration
      Lock icon Phillip Tan ComChest’s new chairman
      305 9  -  By ANNABETH LEOW COMMUNITY Chest (ComChest), the fundraising arm of the National Council of Social Service (NCSS), will have a new chairman in Phillip Tan from next month. Jennie Chua, veteran hotelier and current director of CapitaLand Hope Foundation, will relinquish her chair at the
      305 words
    • Article
      Lock icon Jessica Tan resumes Microsoft MD role
      231 9 JESSICA Tan is resuming her role as managing director of Microsoft Singapore, less than a year after handing over the reins to Hélène Auriol. Ms Tan, who has spent two decades at Microsoft, was the managing director of its Singapore subsidiary from 2008 to
      231 words
    • Article, Illustration
      Lock icon OCBC visits SME clients in Ubi-Paya Lebar area
      225 9  -  By TEO SI JIA OVER 200 employees from OCBC Bank’s emerging business unit dropped in on its small and medium-sized enterprises (SME) clients in the Ubi-Paya Lebar area yesterday. The visits were part of the bank’s annual Reaching Out programme to gather
      225 words
    • Article, Illustration
      Lock icon Steinway donates piano to AWWA School
      301 9 IF music can soothe one’s soul, it can also heal. With this in mind, musician Dick Lee and piano company Steinway got together to donate a piano to charity to help children with learning disabilities. An Essex Upright-108C piano was given to the Asian
      301 words
    • Article
      Lock icon Lock+Store to offer postal services
      336 9  -  Move comes after self-storage provider acquired by SingPost By ANNABETH LEOW SELF-STORAGE provider Lock+Store, which was recently acquired by Singapore Post (SingPost), will offer postal delivery services at all its facilities in Singapore, becoming the first self-storage provider here to do so. SingPost inherited Lock+Store’s
      336 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Mindef Perm Sec to retire on Sept 1
        92 9 THE Permanent Secretary of the Ministry of Defence, Chiang Chie Foo, 56, will retire from the Administrative Service on Sept 1 after 32 years in the public sector. His post will be filled by Chan Yeng Kit, 48, who is currently Permanent
        92 words
      • Article
        Lock icon About $1.25m of illegal cough syrup seized
        98 9 ABOUT $1.25 million worth, or almost 2,000 litres, of codeine cough syrup was seized by the authorities, after a three-month investigation by the Health Sciences Authority (HSA), and supported by the Central Narcotics Bureau (CNB). The 3.8-litre canisters of illegal cough syrup were
        98 words
  • Page 9 Advertisements
Page thumbnail Page 10
  • SME Inc
    • Article, Illustration
      Lock icon A clean bill of (dental) health
      1154 10  -  T32 Dental Centre is focused on providing patient-centric care and competently addressing every dental need. ByVICTOR VICTOR KATHEYAS UPON completing his postgraduate education at the University of Washington, Wong Keng Mun decided to return to Singapore and join a group dental practice. However, he
      PHOTO: ARTHUR LEE  -  1,154 words
    • Article, Illustration
      Lock icon Forgiveness: a potent business tool
      1303 10  -  Truly transformational leaders set themselves apart from the run-of-the-mill by their ability to forgive By JANE WILLIAMS Manfred Kets de Vries is the INSEAD Distinguished Professor of Leadership Development Organisational Change, Jane Williams is editor, Knowledge Abu Dhabi. FORGIVENESS can make us a better person
      PHOTOS: AP, AFP  -  1,303 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      76 10 This article was first published on online portal Insead Knowledge (knowledge.insead.edu). HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME Inc pages, with details such as how the company has grown and its
      76 words
Page thumbnail Page 11
  • MALAYSIA/INDONESIA
    • Article
      Lock icon M’sian opposition challenges election results in High Court
      694 11  -  It demands fresh polls under a new electoral body, sues seven EC members By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S opposition moved an unprecedented legal challenge yesterday, petitioning the High Court to nullify the results of all 222 parliamentary seats in the
      694 words
    • Article, Illustration
      Lock icon AirAsia X eyes new Indonesia, Thailand hubs
      418 11 KUALA LUMPUR: AirAsia X Bhd, which made its debut on the Main Market of Bursa Malaysia last Wednesday, is eyeing Thailand and Indonesia as its new hubs as part of its growth plans. CEO Azran Osman-Rani told Malaysia’s Business Times that the airline
      PHOTO: BLOOMBERG  -  418 words
    • Article
      Lock icon Boustead tipped to privatise Al-Hadharah Reit
      440 11 Sources put move down to illiquid nature of shares [PETALING JAYA] Al-Had-harah Boustead Reit will be taken private by its parent company, Boustead Holdings, making it the first real estate investment trust in the country to be privatised, according to sources. They speculated that
      440 words
    • Article
      Lock icon Indonesian consumer confidence up in June: poll
      131 11 Reuters [JAKARTA] Consumers in South-east Asia’s biggest economy were more confident last month, a Bank Indonesia survey showed yesterday. The June index rose to 117.1, from the previous month’s reading of 111.7. The survey of 4,600 households in 18 major cities across Indonesia
      Reuters  -  131 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      75 11 without growing pains What if you could double in size without doubling in complexity? With SAP ERP solutions, small and midsize companies gain unprecedented visibility across their entire operations, from managing sales, costs and inventory, to boosting efficiencies and Improving collaboration. This isn’t just about better business processes: it's about
      75 words
Page thumbnail Page 12
  • GREATER CHINA
    • Article, Illustration
      Lock icon Foreigners earn only 1% a year on China stocks
      660 12 This despite the fact that economic boom has boosted wealth of the Chinese Bloomberg [BEIJING] China’s 20-year economic boom has boosted the wealth of its 1.3 billion citizens at the fastest pace worldwide and spawned some of the biggest companies in
      Bloomberg; PHOTO: AFP  -  660 words
    • Article
      Lock icon China aiming to quadruple solar generating capacity by 2015
      345 12 Reuters [BEIJING] China aims to more than quadruple solar power generating capacity to 35 gigawatts by 2015 in an apparent bid to ease a massive glut in the domestic solar panel industry. The target has been stated previously by the State
      Reuters  -  345 words
    • Article
      Lock icon Alibaba allowed to expand online loans business
      456 12 Sale of 5b yuan of notes seen shaking up microfinance Bloomberg [BEIJING] China has authorised billionaire Jack Ma’s Alibaba Group to expand funding for its online loans business, designed to shake up an industry divided into heavily regulated state banks and shady financing
      Bloomberg  -  456 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      589 12 Workplace Success: Unlock Your Potential Maximise Your Performance Who should attend: Senior and Middle Management, Supervisors, Social Media Managers Consultants, Corporate Communications and Marketing Managers Consultants, Sales and Business Development Managers Executives, and those who are interested in attaining higher productivity at work. Productivity and Credit (Pi g Claimable FULL-DAY
      589 words
Page thumbnail Page 13
  • GREATER CHINA/INDIA
    • Article
      Lock icon Once profitable China link now a burden
      771 13 Investors, fearing banking crunch will affect credit and consumption for years, steering clear of China Reuters [LONDON] China’s vast market for foreign goods and services, once seen by global companies as a modern day El Dorado, is becoming a weight around their necks
      Reuters  -  771 words
    • Article, Illustration
      Lock icon India’s inflation picks up in June
      610 13 Reuters [NEW DELHI] India’s headline inflation picked up for the first time in four months in June, driven by higher food prices, adding to the economic challenges facing Prime Minister Manmohan Singh’s government and reducing the odds of an early national election. Yesterday’s data
      Reuters; PHOTO: BLOOMBERG  -  610 words
    • Article
      Lock icon India’s central bank fines 22 lenders
      409 13 Combined US$8.3m in penalties imposed for flouting rules Bloom berg [MUMBAI] India’s central bank ordered 22 financial firms, including State Bank of India and Deutsche Bank AG’s local unit, to pay a combined US$8.3 million in penalties for flouting rules including anti-money laundering regulations.
      Bloomberg  -  409 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      278 13 (Business Trust Registration No. *****02) (Constituted in the Republic of Singapore as a business trust pursuant to a trust deed dated 23 July 2009 (as amended)) Notice of Books Closure Date Distribution Payment Date Notice is hereby given that the Unit Transfer Books and Register of Unitholders of K-Green Trust
      278 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      237 13 FOR SALE BY TENDER Rare, Once In A Blue Moon Opportunity Novotel Kota Kinabalu 1 Borneo Hotel 4-Star Contemporary, 16 Storey Hotel Within A Mixed Integrated Development Capitalizing On Sabah’s Tourism Boom Location Room Tenure Gross Floor Area Basis of Sale Indicative Sale Price 1 Borneo, Kota Kinabalu, Sabah 269
      237 words
Page thumbnail Page 14
  • ECONOMY WATCH
    • Article
      Lock icon Korean export boom to Asean not quite real
      597 14 Seeming growth in intra-regional trade more of a relocation of assembly plants Reuters [SEOUL] South Korean exports to Asean jumped recently, but instead of showing the birth of a new market, it just adds to the evidence of Korean manufacturers hollowing out
      Reuters  -  597 words
    • Article, Illustration
      Lock icon Hollande keeps the French spirit up
      544 14 He points to consumer spending and recovery in industrial output Reuters [PARIS] French President Francois Hollande has said that Europe’s second largest economy was recovering and tried to fight deepening pessimism in an interview, just days after ratings agency Fitch stripped the country of
      Reuters; PHOTO: REUTERS  -  544 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      84 14 Whereveryouare What I write: Film reviews and interviews Think column There are journalists and critics who are loved by movie companies. I am not one of them. Why? Because when a movie stinks, I say so. I am not here to be loved by the industry, but to earn the
      84 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      543 15 CATEGORY A1 Print Single English w\ 1 NTERA WHOLE NEW CREATIVE CHAPTER W ITH OI K FINALISTS sj :5B»= n— Al-1 The Wonderful World of Mooncakes Client: C.K. Tang Limited Creative Agency: Up BrandBuzz Creative Director: Eric Siow Art Director: Eric Siow Copywriter: Cerokee Lee (English) Tan Miang Wah (Chinese)
      543 words
Page thumbnail Page 16 / 17
  • Page 16 / 17 Advertisements
    • Advertisement
      Lock icon Page 16 / 17 Advertisements Column 1
      1509 16 / 17 CATEGORY A3 Print Single Campaign Chinese «u**i m-An. ««ar«ibc, a** mm o No.i in Singapore £90 Malone No.i in Singapore ■m mm a 'Mii-A-tsimiTiii*, No.i in Singapore rt aSt ftBAUONE 00ffl A3-1 Goh Joo Hin Chinese New Year 2013 Client: Goh Joo Hin Re Ltd Creative Agency: SPH Creative Services
      1,509 words
Page thumbnail Page 18
  • WORLD
    • Article, Illustration
      Lock icon Citigroup posts 42% rise in Q2 profit
      612 18 Net income climbed to US$4.18 billion from US$2.95 billion a year earlier Bloomberg [NEW YORK] Citigroup, the third-biggest US bank by assets, posted a 42 per cent increase in second-quarter profit that beat analysts’ estimates as stock-trading revenue surged and losses on unwanted
      Bloomberg; PHOTO: AP  -  612 words
    • Article
      Lock icon When customer monitoring is intrusive
      580 18 NYT [NEW YORK] Like dozens of other brick-and-mortar retailers, Nordstrom wanted to learn more about its customers how many came through the doors, how many were repeat visitors the kind of information that e-commerce sites like Amazon have in spades. So in autumn last year,
      NYT  -  580 words
    • Article
      Lock icon More UK bankers earned 1m euros in 2011 than in rest of EU: regulator
      356 18 Reuters [LONDON] More bankers in Britain earned one million euros (S$1.6 million) in 2011 than in the rest of the European Union (EU) combined, and would easily bust a planned cap on bonuses, the bloc’s banking
      Reuters  -  356 words
    • Article, Illustration
      Lock icon Abe likely to win July 21 polls but big reform may lose out
      897 20 Media surveys show LDP maintaining substantial lead over rival parties Reuters [TOKYO] Japan’s Prime Minister Shinzo Abe is likely to win a mandate on July 21 for his three-part recipe to end stagnation in the world’s third-biggest
      Reuters; PHOTO: AP  -  897 words
    • Article
      Lock icon US banks face lull after surprisingly strong Q2
      559 21 Mortgage lending buoys profits but is expected to decline in coming months Reuters [NEW YORK] Unexpectedly large quarterly profits at JPMorgan Chase Co and Wells Fargo Co hide a more worrisome forecast for the rest of the year for many US banks.
      Reuters  -  559 words
    • Article, Illustration
      Lock icon Goldman’s ‘Fabulous Fab’ set to face SEC fraud trial
      424 21 Bloomb erg [NEW YORK] Fabrice Tourre, the ex-Goldman Sachs Group Inc vice-presi-dent whose congressional testimony put a face on the complex structured investments that contributed to the 2008 financial crisis, was set to face trial yesterday on allegations that he misled
      Bloomberg  -  424 words
    • Article
      Lock icon Fed tapering unlikely to hurt stocks: JPMorgan
      574 22 QE not sole reason for the 150% rally in the S&P 500 Index since 2009, it says Bloomberg [LONDON] Investors should focus on equities and look beyond Federal Reserve stimulus, as gains will continue on improving US private finances, the falling allure of
      Bloomberg  -  574 words
    • Article
      Lock icon Alexion’s high valuation likely to put off Roche
      598 22 Reuters Bloomberg [ZURICH] Buying Alexion Pharmaceuticals would help Roche make a splash in the newly lucrative area of rare or so-called orphan diseases, but it could command a price that the Swiss drugmaker is ultimately not willing to pay. Two people familiar
      Reuters; Bloomberg  -  598 words
    • Article, Illustration
      Lock icon Merkel denies she is hiding rescue bill till after elections
      517 22 Bloomberg [BERLIN] Chancellor Angela Merkel dismissed suggestions that her government is waiting to disclose the cost of resolving the debt crisis until after the German election as fresh turmoil emerged in some indebted euro states. Mrs Merkel, who is seeking
      Bloomberg  -  517 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      2366 18 GP BATTERIES INTERNATIONAL LIMITED (Company Registration No.: *****2111N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GP Batteries International Limited (“the Company”) will be held at Marina Mandarin Singapore, Libra/Gemini Room, Level 1, 6 Raffles Boulevard, Marina
      2,366 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      3749 19 ELEKTROMOTIVE GROUP LIMITED (Registration Number *****7135Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ELEKTROMOTIVE GROUP LIMITED will be held at 108 Robinson Road Level 11 Finexis Building Singapore *****0 on Wednesday, 31 July 2013 at 11.30 a.m., for the following purposes: OCEANUS
      3,749 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      219 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NORTH HANA (SINGAPORE! PTE. LIMITED (In Member's Voluntary Liquidation) (Company Regn. No. *****6927Z) NOTICE IS HEREBY GIVEN pursuant to Section 308 |1| of the Companies Act, Cap. 5D,thatthe Final Meeting of the Members of the abovenamed
      219 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 3
      245 19 NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 1). KENHUAT CONSTRUCTION PTE. LTD. Co. Reg. No. *****9432K 2). NORSUN SINGAPORE PTE. LTD. Co. Reg. No. *****2992G Notice is hereby given pursuant to section 296 of the Companies Act (Chapter
      245 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      2677 20 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASIATIC GROUP (HOLDINGS) LIMITED Company Registration No. *****9290R (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ASIATIC GROUP (HOLDINGS) LIMITED (the “Company”) will be held at REPUBLIC OF SINGAPORE YACHT
      2,677 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      382 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ANTASA ENTERPRISE (S) PTE. LTD. Company Reg. No. *****7163E (In Members’ Voluntary Winding Up) At Extraordinary General Meeting of the abovenamed Company held at 151 Chin Swee Road #13-01 Manhattan House, Singapore *****6 on 11 July
      382 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      554 21 SINOPIPE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1382N) NOTICE OF EIGHTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at 16 Arumugam Road, #05-01 Lion Industrial Building D, Singapore *****1, on Wednesday, 31 July
      554 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      2327 21 GP Industries Limited (Incorporated in the Republic of Singapore) Co. Reg. No. *****2128C Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of GP Industries Limited (the “Company”) will be held at Aquarius, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Singapore *****4 on Wednesday,
      2,327 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      94 22 NOW THERE IS A QUICK AND FREE WAY TO SELL YOUR CAR ■‘v 4 < i i i ,1: f I mK s> POST YOUR CAR AD FOR FREE ...pv r*%i .-.-H >>%*. r T f- Vi a* < w. ir i- V\ T.'.w Tr: 1 I y .W If.
      94 words
Page thumbnail Page 23
  • AVIATION/SHIPPING
    • Article
      Lock icon Dreamliner fire shifts focus to composite body
      524 23 Airlines unconcerned but Heathrow fire puts its lightweight body under spotlight Reuters [SEATTLE] Boeing faces a public and revealing test of the carbon composite technology used in the 787 Dreamliner following a fire that broke out aboard one of its planes at London’s
      Reuters  -  524 words
    • Article
      Lock icon Kuehne & Nagel’s Q2 profit rises as revamp cuts costs
      319 23 Kuehne Nagel’s Q2 profit rises as revamp cuts costs Net income increases 6.3% to 153m Swiss francs Bloomberg [FRANKFURT] Kuehne Nagel International AG, the world’s biggest sea-freight forwarder, said sec-ond-quarter profit rose as the market for shipments by sea expanded and a reorganisation helped the company reduce costs. Net income
      Bloomberg  -  319 words
    • Article, Illustration
      Lock icon Whaling ship launching in US after US$7m overhaul
      510 23 AP [NEW HAVEN, Connecticut] It survived countless storms and raids by secessionist Confederates during the American Civil War while taking crews across unchartered oceans in search of whales whose oil lit the world. The Charles W Morgan, the world’s last surviving wooden
      AP; PHOTO: AP  -  510 words
    • Article
      Lock icon San Francisco airport bond sale to raise US$483m
      363 23 Bloomberg [SAN FRANCISCO] San Francisco International Airport, where a Boeing 777 crashed this month, plans to sell US$483 million of bonds to be paid off by terminal rental, landing fees and revenue from parking and concessions. The money will help the airport,
      Bloomberg  -  363 words
    • Article
      Lock icon SIA’s passenger load factor slips in June
      294 23  -  By NISHA RAMCHANDANI SINGAPORE Airlines (SIA) saw its passenger load factor (PLF) fall 1.5 percentage points to 81.5 per cent in June as growth in passenger carriage was outpaced by the boost in capacity. During the month, passenger carriage (measured in revenue passenger
      294 words
    • Article
      Lock icon TRANSPORT STOCKS
      237 23 SGX '000 Jul 15 S$ +/-Vol CH Offshore 0.44 unch 15 Chuan Hup Hldg 0.25 -0.01 17 Cosco Corp 0.73 -0.02 3197 CWT Ltd Ezra Hldgs 0.91 -0.05 ***** First Ship Lea 0.44 Freight Links 0.10 unch 2908 Grand Banks 0.35 unch 8 Jaya Hold Ltd 0.59 0.01
      237 words
  • Page 23 Advertisements
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      353 23 CRYPTIC CROSSWORD Across 1 Discovered on site not a terribly good basis for building (10,5) 9 Soldier from the States locked in pub is capable of reasoning (7) 10 What is to eat on the move? (7) 11 Downgrading journalist in fracas (9) 12 A note added before end of
      353 words
Page thumbnail Page 24
  • EDITORIAL & OPINION
    • Article
      Lock icon Ending banker-developer tie-ups
      472 24 EDITORIAL THE latest property loan rules with a 60 per cent cap on the total debt servicing ratio (TDSR) are long-term measures aimed squarely at strengthening credit underwriting practices and encouraging financial prudence among borrowers. But there are apparently other concerns as well behind the TDSR framework
      472 words
    • Article, Illustration
      Lock icon No easy way out with all engines of growth down
      764 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE International Monetary Fund’s latest global economic forecast makes for unhappy reading. You may remember that, some years back, it was fashionable to ask whether the world economy could continue
      The Washington Post Writers Group  -  764 words
    • Article, Illustration
      Lock icon America’s real jobs problem: skills mismatch
      1118 24  -  Schools are just not producing graduates with the skills that US companies are looking for LEON HADAR Washington Correspondent MICHAEL“Mike”Rowe, an American media personality who is the host of the series Dirty Jobs on the Discovery Channel, was being interviewed by the guidance counsellor
      PHOTO: AFP  -  1,118 words
    • Article, Illustration
      Lock icon Governance risks in business trust model
      1362 25  -  Loopholes, implementation and enforcement issues raise question of the sustainability of the model as a listing vehicle By MAK YUEN TEEN The writer is an associate professor at the NUS Business School, where he teaches corporate governance and ethics THE recent announcements by First
      PHOTO: REUTERS  -  1,362 words
    • Article, Illustration
      Lock icon Cut the cord on China’s shadow banking
      815 25  -  0% REUTERS BREAKINGVIEWS By JOHN FOLEY IT’S time for some delicate surgery on China’s financial system. The growth of non-bank lending channels collectively known as “shadow banking” is basically helpful for the economy. But regular banks are in too deep. China’s financial regulators
      PHOTO: BLOOMBERG  -  815 words
    • Article
      Lock icon Omit big foreign counters for better picture of FSSTI
      256 25 LETTER TO THE EDITOR I REFER to the letter “FSSTI should comprise only locally based counters” from Narayana Narayana (BT, July 12), which raises issues about which many others would surely appreciate some explanation. First, why include in the index foreign
      256 words
Page thumbnail Page 25
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      505 26 The Business Times Shipping times Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) VESSEL VOY SIN NOU SUVA BUS MOTHER VESSEL NOU SUVA BUS APIA PAGO PAPEETE N’LOFA VILA SANTO TARAWA WESTPHALIA 1301E 17 Jul 28 Jul
      505 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      432 26 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 1 09/13 18/07 20/07 BELITUNG/PKL BALAM SIANIRI 10/13 22/07 24/07 JAMBI/PEKAN BARU FAJAR MAS 07/13 17/07 19/07 PALEMBANG/PANJANG SINOPA 12/13 19/07 21/07 BENGKULU/PADANG SRI JAYA 8 08/13 18/07 20/07 BELAWAN/LHOKSEUMAWE CARAKA JN332 06/13 24/07 26/07 SABANG/MALAHAYATI
      432 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 3
      457 26 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TAMPA CF321 01/07 06/07 10/07 15/07 21/07 ENDURANCE FF329 18/07 22/07 24/07 26/07 31/07 07/08 TAMERLANE FF333 10/08 14/08 17/08 19/08 24/08
      457 words
Page thumbnail Page 27
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3001 27 Transaction date: Jul 15 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 15 11.4 8Telecom C'vr Net P/E M Cap
      3,001 words
    • Article
      Lock icon SGX CATALIST
      228 28 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 Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller C'vr P/E Smil 21
      228 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11082 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Local Gey SD Bond ....0.9959/ EM Local Ccy Bond .0.9312/ European
      11,082 words
    • Article
      Lock icon GLOBALQUOTE
      245 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31 Genting HK US$ US44 -0.5 6141 44.5 43.5 43.5 44 2897.2 Sale 260 191 TanChongInt HK226 227 233 4.3 3.1 7.6 4551.4 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      912 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 114 +1 12 115 114 113 114 520.4 143 120.4 CIMB APAC Div 100S$D 127.7 133.9 134.8 114.4 99 CIMB
      912 words
Page thumbnail Page 28
Page thumbnail Page 29
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      601 29 Jul 15 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.17 *****.17 *****.30 Sep13 *****.00 *****.00 *****.00 *****.00 *****6 *****0 Dec13 *****.00 204 ***** MSCI TAIWAN INDEX FUTURES SPOT 291.86 294.78 291.65 Jul13 289.80 293.20 289.60 292.50 ***** *****9 Aug13 288.30 290.00 288.30 290.30
      601 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Jul 12 Index Change Change Change Change Change Change World Preliminary 1079.1 0.0 15.0 0.0 15.5 -0.1 11.7 EAFE Preliminary 881.2 0.0 13.8 0.0 10.3 -0.1 6.7 Europe Preliminary 1241.5 -0.1 8.2
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 29 Jul 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.947 5.589 0.698 7.065 54.565 91.275 0.906 10.224 2.903 1.165 91.325 39.552 1.152 9.031 0.863 27.251 28.318 0.604 0.911 Canada 1.056 5.904
      471 words
    • Article
      Lock icon SIBOR
      64 29 Jul 15 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
      64 words
    • Article
      Lock icon PRECIOUS METALS
      139 29 Jul 15 GOLD(US$/oz) Jul 12 Jul 15 Hong Kong 1290.20 1296.20 Jul 11 Jul 12 London 1280.16 1279.52 1280.93 1280.35 Source: Thomson Reuters CAST BAR Jul 15 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118 52 5gm 334 261 10gm 597 523
      139 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 29 Jul 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1518 1.1532 0.9105 0.9109 Canadian dollar 1.2167 1.2184 0.9624 0.9618 Euro 1.6512 1.6528 1.3053 1.3055 NZ dollar 0.9883 0.9899 0.7813 0.7819 Sterling pound 1.9075 1.9095 1.5079 1.5083
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 29 Jul 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1563.25 1601.25 1610.00 1534.50 Aug 13 1429.00 1472.00 1478.00 1426.00 Sep 13 1298.25 1332.50 1338.75 1296.75 Nov 13 1257.25 1290.75 1297.00 1255.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
      109 words
    • Article
      Lock icon LIFFE
      95 29 Jul 12 COCOA (£/tonne) Close Prev High Low Jul 13 1515 1520 1532 1511 Sep 13 1545 1549 1562 1537 Dec 13 1539 1542 1557 1532 Mar 14 1531 1535 1547 1524 COFFEE(US$/tonne) Close Prev High Low Jul 13 1855 1855 1883 1870 Sep 13 1875 1883 1897 1867
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1019 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.4 1 123 903 30.75 10 Acma Ltd. W*****6 Ratio Acma Ltd W*****7 0.6 unch 9923 1 4 35 5.67 36 Price AlliedTech W*****2 Disc Ascendas Reit MB
      1,019 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Jul 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.84 0.52 WTI (Near Mth) 106.08 1.36 Dubai (1-Mth F) 103.27 -0.08 Tapis blend 112.83 -0.19 Minas 107.13 -0.19 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.17 -0.39 Jet Kerosene 121.11 -0.58 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 29 Jul 15 S$ Bid Offer 1-month 1.2649 1.2659 2-months 1.2649 1.2661 3-months 1.2650 1.2662 6-months 1.2650 1.2664 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 29 Jul-12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1802.50 1791.25 3 months 1845.00 1835.00 Copper, Grade A(US$/tonne) Cash 6939.75 6992.00 3 months 6954.00 7000.00 Lead(US$/tonne) Cash 2058.50 2066.50 3 months 2072.00 2080.00 Nickel (US$/tonne) Cash *****.25 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00 3 months *****.00
      65 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 29 Jul 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****W 10-Jan-14 0.29 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.05 5-Year N*****0T 0.5 01-Apr-18 98.21
      88 words
    • Article
      Lock icon PALM OIL
      53 29 Jul 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2330.0 595 Aug 13 2290.0 2309.0 2294.0 2243.0 1404 8375 Sep 13 2277.0 2301.0 2287.0 2234.0 ***** ***** Oct 13 2277.0 2293.0 2280.0 2227.0 ***** *****
      53 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      127 29 As at 9am Jul 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.172 1.117 Can dollar 1.238 1.191 Euro 1.688 1.608 Sterling pound 1.943 1.869 NZ dollar 1.008 0.970 US dollar 1.289 1.228 Local dollars to 100 units of foreign
      127 words
    • Article
      Lock icon INTERBANK RATES
      161 29 Jul 15 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.55 0.35 9 months 0.65 0.45 12
      161 words
Page thumbnail Page 30
  • PROPERTY
    • Article, Illustration
      Lock icon Higher rates seen hurting US banks’ mortgage profits
      1162 30 Refinancing may drop by as much as 40% in second half, says JPMorgan CFO Bloomberg [NEW YORK] JPMorgan Chase Co chief executive officer Jamie Dimon told investors last week that rising interest rates could trigger a “dramatic reduction” in the bank’s mortgage
      Bloomberg; PHOTO: BLOOMBERG  -  1,162 words
    • Article, Illustration
      Lock icon China property investment slows
      443 31 H1 investment up 20.3% compared to the 20.6% rise in January-May Reuters [BEIJING] Growth in real estate investment in China slowed in the first half of this year, dragging on the broader economy, while property sales cooled but were still at relatively high levels due to
      Reuters; PHOTO: REUTERS  -  443 words
    • Article
      Lock icon Mah Sing opens S’pore gallery
      238 31  -  By ANNABETH LEOW [SINGAPORE] Malaysian property developer Mah Sing Group Berhad aims to boost its revenues from outside the country to 30 per cent in five years, and it opened a gallery in TripleOne Somerset yesterday to showcase its properties across the Causeway. Mah Sing,
      238 words
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      350 30 KnightFrank.com.sg Woodlands B2 Space for Sale! A 4-storey HDB purpose-built factory Easily accessible via SLE/BKE 5 mins drive to Woodlands MRT Stn Land area: Approx. 41,095 sf GFA: Approx. 44,423 sf 30+30 wef Feb 1992 John Ang 9859 3699 (R*****9A) William Quek 9295 3098 (R*****1I) CEA Licence No. L*****36J Food
      350 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      182 30 vs The Ritz-Carlton Residences 1 Singapore, Cmrnhill 100 years of history. Countless rewards. Be pampered by the legendary Ritz-Carlton services and amenities. Premium three and four-bedroom Residences are now available for long-term lease. 2012 SOUTH EAST ASIA Dennis Chan Head of Sales 9126 1883 Admond Lim Sales Manager 9768 9988
      182 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      483 31 n Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices ESAT3 NOTICES CLA/FEB1 1/g_ EASTGATE FOR SALE By Expression of Interest Closing Date: 5 August 2013, Monday at 3pm KM 112 Katong A The Flow V3 A (U/C TOP 31 Dec 2018) Parc
      483 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 2
      83 31 Superior CBD Office Investment EOI Adecco House, 165 Grenfell Street, Adelaide, SA, Australia Recently refurbished 3 level office building of 3,095m2 51 under croft car parks 3 Star NABERS Energy Rating Imputed (fully let) Net Income circa $1 million •Attractive yield with value add potential •High profile position on the
      83 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 3
      79 31 For Sale By Tender GUANG MING INDUSTRIAL BUILDING 65 Upper Paya Lebar Road Freehold Redevelopment Industrial Site in the Paya Lebar/Tai Seng Commercial Hub Suitable for Corporate Headquarter Adjacent to Tai Seng MRT (Circleline 11) Site Area 1,838.5 sq m (19,789 sq ft) Master Plan Zoning (2008) Industrial B1 (White)
      79 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      291 32 Best of Both Worlds 5 strategies I NETWORK AND BE INSPIRED AT 19 7(13 SUBSCRIBE TODAY ffST. f5S'? I ASIA’S LEADIHG HUMAN CAPITAL EVERT I-BWoSSf jMOjjii&I*- BBT HOME DELIVERY THE BUSINESS TIMES Raffles Conversation t-r R? y,. National Day Message BT INVES 2 JL dhrMinr THE BUSINESS TIMES The Business
      291 words