The Business Times, 6 November 2016
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2016-11-06
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The Business Times
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Advertisement73 2016-11-06 1 S$1.20 N OT TO B E S O L D S E PA R AT E LY B U S I n E S S T I M E S F R O M T H E WeekendNov 5–6 2016 Modern Romance The pleasures perils of dating apps T H73 words
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THE BUSINESS TIMES Weekend
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Article, Illustration43 2016-11-06 2 Buzz 4 Haunt 6 Watch 7 The Weekend Interview Talenia Phua Gajardo 8 Buys: Boutique 10 Style 12 Feature Love Me Tinder 16 Food Same Old Same Old 20 Roe Call 22 Holiday Paris When It Sizzles 24 Nostalgia 26 Photography iStockPhotography iStock - 43 words
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Article, Illustration86 2016-11-06 4 A garden of flora in a maze of mirrors is one of the many standout installations at the recently-opened Singapore Biennale. The massive contemporary art exhibition stretches across six nearby locations in the Bras BasahEmpress Place area. But most of the works are concentrated at Singapore Art Museum86 words
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Article, Illustration74 2016-11-06 4 Travelling is fun, but the hassle of long check-in queues is not. Now, thanks to RIMOWA’s first fully-integrated digital suitcase, there’s an option to check in your suitcase from home. First in Asia to provide this service is Taiwanese airline EVA Air it has implemented RIMOWA’s74 words
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Article, Illustration75 2016-11-06 4 TAY SUAN CHIANG, HELMI YUSOF, DYLAN TAN, AVANTINIM - BY COMPILED TAY SUAN CHIANG, HELMI YUSOF, DYLAN TAN, AVANTINIM l–r: ONE-NINETY BARThe lobby bar at Four Seasons Hotel Singapore has a new cocktail menu selection designed by creative partner Proof Co. T.6831 7671. OTTO’S DELI FRESH Chef Otto Weiber, ‘Godfather’ of Singapore gastronomy, opens his first deli75 words
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Article, Illustration50 2016-11-06 4 JAZZ IMPRESSIONS OF A BOY NAMED CHARLIE BROWN (1964) BY VINCE GUARALDI TRIO “An unsung hero of modern jazz, Vince Guaraldi gave Charles M. Schutz’s characters from Peanuts life by composing the music of all their television specials and films. His stuff is timeless.” Leonard Tan, entrepreneur50 words
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Weekend Buzz
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Article, Illustration647 2016-11-06 5 PEOPLE DO, WHY AND WHERE JAIME EE TAY SUAN CHIANG, DYLAN TAN TO TOLD AS DOLORES TAY CEO, VLV PTE LTD “When you are a mother of five daughters and running two full-time businesses, free time is a luxury. My weekends consist of work and play the kids647 words
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Weekend Haunt
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Article, Illustration347 2016-11-06 6 Bookstore manager Renee Ting is fascinated with Russian writing and tells Helmi Yusof why. IN his 1975 comedy film Love Death parodying Russian literature, Woody Allen plays the archetypal tragic hero, proclaiming: “I’m wracked with guilt, consumed with remorse and stricken with suffering for the human race.PHOTOS JULIANA TAN - 347 words
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Weekend Watch
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Article, Illustration468 2016-11-06 7 DYLAN TAN. INTERVIEW AVANTI NIM - Formula 1 racer Jenson Button clearly loves his Richard Mille watches. WORDS DYLAN TAN. INTERVIEW AVANTI NIM. JENSON Button got excited the moment he heard his team McLaren-Honda was signing a long-term partnership with Richard Mille at the end of 2015. “I’ve known (founder) Richard for quite aPHOTOS RICHARD MILLE - 468 words
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The Weekend Interview
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Article, Illustration968 2016-11-06 9 HELMI YUSOF - Founder of The Artling by HELMI YUSOF TALENIA Phua Gajardo is blessed with taste, beauty and ambition. Yes, she is also married to Michael Tay, group managing director of The Hour Glass. But she was already a rising star before she met him. She founded The ArtlingTAN PHOTOGRAPHY JULIANA - 968 words
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Weekend Buys
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Article, Illustration83 2016-11-06 10 LI RONG - BY LI RONG. “Having style is about being at ease with the life around us.” KARL LAGERFELD PRINTING OF TIME AT ACCURATE ARE PRICES Croc skin B-Loved Bag from Bally, $44,000 Sarah Moon Duo Eyeshadow from NARS, $50 Nicholas Kirkwood Leather ankle boots from On Pedder, price unavailable Tiffany83 words
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Weekend Style
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Article, Illustration162 2016-11-06 12 Looks that go from office to evening with dazzling style. TOO FACED COSMETICS. HAIR EUGENE ONG URBANHAIR, ASSISTED BY DEX GOH. ASSISTANT STYLIST SHANTAL CHAN. MODEL DOROTHY LEONG, LOOQUE MODELS. USING GOH TG MAKEUP WONG. MICKY PHOTOGRAPHY RONG. LI CHUN WEI CHEAH STYLING Louis Vuitton silk blend corset162 words
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Weekend Feature
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Article, Illustration1898 2016-11-06 16 Helmi Yusof - With the proliferation of dating apps, it’s never been easier to meet potential partners. But is modern technology killing old-fashioned romance, wonders Helmi Yusof. Helmi Yusof. SATURDAY night. 9.40pm. Vanita single, attractive, extroverted should be out on a date. Instead, she’s spent the past hour at home1,898 words
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Weekend Food
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Article, Illustration965 2016-11-06 21 Even as Singapore’s heritage foods start to disappear, a valiant bunch of old faithfuls is trying to preserve tradition, as David Yip learns. WHETHER it’s Singapore’s hawker heritage or traditional foods that Baby Boomers grew up eating in the 60s and 70s, the lament is the965 words
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Article, Illustration923 2016-11-06 22 The hairy crab season is back David Yip pries open the secrets of this autumnal delicacy. THE calorie-laden, artery-clogging excess of the Mooncake Festival may be over, but that’s no reason to give your heart a break. Postpone your medical check-up hairy crabs are in season. The roe-enrichedBONCHAN PHOTOGRAPHY - 923 words
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Weekend Holiday
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Article, Illustration594 2016-11-06 24 Now is a good time to fall in love again with the French capital, says Daven Wu. JANET Flanner, the famous American correspondent for the New Yorker who spent most of her life in Paris, memorably described her beloved city thus: “One’s eyes became the eyesPHOTOS DAVEN WU & COURTESY - 594 words
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Weekend Nostalgia
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Article, Illustration152 2016-11-06 26 AVANTI NIM - BY AVANTI NIM. Aug 1959 Roland Chow may have been better known for his skill at taming unruly manes, but the Shanghainese-born bachelor was adept with needle and thread as well. In fact, he was christened the “Christian Dior of the East” in the 50s, and was theIMAGE SINGAPORE PRESS HOLDINGS - 152 words
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Advertisement63 2016-11-06 3 Didier Gourdon RICHARD IVIILLE A RACING MACHINE ON THE WRIST 40 45 50 tjlutilinihniin S' w r AZJ 2 (0 (/> 3 S3 3>s o m- r-, m •> V > I sT a S“"3 v* KM m <■ WA W' CALIBER RM 016 RICHARD MILLE BOUTIQUES SINGAPORE Grand Hyatt63 words
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Advertisement36 2016-11-06 6 Curious about Russian novels but don’t know where to start? BooksActually’s new gift-box service picks out a Russian title for you every month and ships it to your home. Visit box. booksactually.com or call +65 6222-919536 words
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Advertisement47 2016-11-06 9 f ROLEX THE DATEJUST The archetype of the modern watch has spanned generations since 1945 with its enduring functions and aesthetics. It doesn’t just tell time. It tells history. 28 nS OYSTER PERPETUAL DATEJUST 31 THE ROLEX CENTRE. ORCHARD ROAD SINGAPORE. TEL: 6830 5100 FAX: 6235 018347 words
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Advertisement654 2016-11-06 11 ADVERTISEMENT How do YOU plan to steer through one of the most volatile times ahead? Join us for two significant seminars that could help you shape your business for 2017: Economic Outlook; and Impact of the new US President on ASEAN Inc. Day 1 (Nov 15): Economic Outlook 2017 (9am654 words
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Advertisement19 2016-11-06 27 Don’t miss another great Weekend. Subscribe to the all-new Business Times Weekend. Go to btsub.sg/promo or call 6388 3838.19 words
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Advertisement7 2016-11-06 28 BTW Single Template.indd 1 02/11/2016 08:38:50 AM7 words
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Title Section23 2016-11-06 1 THE BUSINESS TIMES WEEKEND www.businesstimes.com.sg~ @BusinessTimes A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MCI (P) 066/08/2016 S$1.20 NOV MBER 5-6, 201623 words
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Advertisement155 2016-11-06 1 THE RAFFLES CONVERSATION SERGIO ERMOTTI, CEO, UBS 14-15 CUBICLE FILES Why we don’t like women bosses 34 OFFBEAT How do I dip thee, let me count the ways 35 ILLUSTRATION: KENNETH LIM WEALTH What’s new in pension portfolios: sex shops The pursuit of a stable income has driven Europe’s pension155 words
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PERSPECTIVE
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Article, Illustration802 2016-11-06 2 Anna Teo - INSIDE VIEW b y Anna Teo 1What do you think was the most remarkable thing that happened this week? Hands down it’s got to be the bombshell the FBI (Federal Bureau of Investigation) threw into the US presidential election in its home stretch. Ok, the NovPHOTO: AFP - 802 words
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Article258 2016-11-06 2 DBS will buy most of ANZ’s wealth and retail business in Asia for S$110 million. The deal gives DBS S$23 billion of assets under management from the Australian bank’s wealth business, mostly out of Singapore and Hong Kong. Mon, Oct 31 Level 3 Communications, an ST258 words
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Article49 2016-11-06 2 Manulife US Reit Q3 results Mon, Nov 7 US presidential election Tues, Nov 8 CapitaLand Q3 results Wed, Nov 9 The International Energy Agency’s monthly oil market report Thurs, Nov 10 ST Engineering Q3, Singtel Q2, Wilmar International Q3 and Ezion Q3 results Thurs, Nov 1049 words
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Advertisement97 2016-11-06 3 Opportunity doesn't sleep. Neither should your wealth. -m* Dashboard Portfolio Views Online Equity Trading m The new DBS iWealth Be in complete control, wherever you are. Bank, trade and keep track of your portfolio on one simple yet powerful dashboard. Stay connected to insights and seize opportunities 24/7. Live unstoppable97 words
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UPFRONT
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Article, Illustration820 2016-11-06 4 Lynette Khoo - ARA founder John Lim is leading a group of existing shareholders in the buy-out plan, according to a WSJ report by Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore FOR a real-estate fund manager, access to capital is crucial and this may well explainPHOTO: ARA; Source: Bloomberg - 820 words
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719 2016-11-06 6 Jamie Lee - At stake is about S$600,000 in loans to parallel importer TLC Cars that has failed to deliver on sold vehicles By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore CROWDFUNDING investors are likely on the hook for roughly S$600,000 in loans to a719 words
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Article, Illustration398 2016-11-06 6 Andrea Soh - by Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE Singapore government is planning to tighten energy monitoring and reporting requirements for large industrial players, as it looks into areas where carbon emissions can be further reduced, said Deputy Prime Minister TeoDPM Teo Chee Hean - 398 words
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480 2016-11-06 8 Chuang Peck Ming - MPs will also raise questions on teachers’ resignation, online gambling and retrenchment By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore The proposed changes to the Elected Presidency will be debated on Monday when Parliament meets. More than 40 Members of Parliament are expected to speak480 words
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Article, Illustration527 2016-11-06 8 AFP Jakarta A MASSIVE demonstration by tens of thousands of Indonesian Muslims against Jakarta’s governor turned ugly on Friday as hardliners burned police cars and officers were injured in angry clashes. The violent scenes just metres from the presidential palaceAFP; PHOTO: REUTERS - 527 words
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271 2016-11-06 9 LATEST US DATA REUTERS Washington US employers maintained a strong pace of hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Federal Reserve.REUTERS - 271 words
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Article, Illustration746 2016-11-06 9 Neil Behrman - It hit US$1,308 an ounce on Thursday from US$1,241 in early October By Neil Behrman btworld@sph.com.sg London A DULL gold market has suddenly exploded on account of the acute uncertainty over the result of the US presidential election. With polls showing thePHOTO: NYTIMES - 746 words
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313 2016-11-06 10 Chuang Peck Ming - By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore ECONOMIC ties between Singapore and Nigeria are looking up. Barely before the ink on an air-ser-vices pact has dried, the two countries signed another agreement in Singapore on Friday this time an investment treaty. The Bilateral Investment313 words
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Article, Illustration536 2016-11-06 10 Swiss watch and jewellery maker reshuffles top execs amid plunging sales, earnings BLOOMBERG Zurich RICHEMONT, the maker of Cartier jewellery and IWC Schaffhausen timepieces, unveiled a sweeping overhaul of top management and its board as it grapples with plunging sales of watches and otherBLOOMBERG; FILE PHOTO - 536 words
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441 2016-11-06 10 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore AUSTRALIAN swim-wear brand Seafolly is opening its fourth store in Singapore, unfazed by a challenging retail operating environment. Its latest outlet in Raffles City will occupy 950 sq ft, adding to its existing three outlets in Wisma Atria,441 words
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Advertisement7 2016-11-06 5 SUNDAY, 20 NOVEMBER 2016 I SINGAPORE RACECOURSE7 words
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Advertisement276 2016-11-06 6 IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND ATC 2005 PTE LTD Company Registration No. *****2175G (the “Company”) (IN MEMBERS’ VOLUNTARY LIQUIDATION) At the Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held on 28 October 2016 at 25 Tuas Avenue 3, Singapore *****8276 words
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Advertisement32 2016-11-06 7 KnowOrDon’tKnow? GeneralKnowledge WorldCurrentAffairs LocalCurrentAffairs LocalPolicies Take A Short Quiz One Lucky Player Stands To Win Rise To The Challenge At www.KnowOrDontKnow.sg Participation is free No entry conditions attached Terms and conditions apply32 words
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Advertisement7 2016-11-06 9 ~Bullish about Shanghai index, gold, Page 237 words
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Advertisement148 2016-11-06 9 Presented by Mount Elizabeth Hospitals Get expert views from a suite of renowned doctors, who will address some of Singaporeans’ major health concerns. 19 November 2016, Saturday 9am to 2pm The Star Gallery The Star Performing Arts Centre, Level 3 $18 nett per person(includes tea break and bento lunch) Details148 words
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Page 11 Miscellaneous
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Page 12 / 13 Miscellaneous
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Miscellaneous204 2016-11-06 12 / 13 POPULIST /AOVE/AEMTS, SO/AE /AORE SUCCESSFUL TEAM OTHERS, ARE UPENblNG POLITICS AS USUAL ALL OVER TEE WORLb. 1 0^ r C?o cs> UR BREXIT GREECE france. FROMT MATIOMAL SyRIZA USA TRU/AP SPAIN t 1 PObE/AOS VENEZUELA CEAVEZ 2 PEILIPPIMES bUTERTE BRITISH VOTERS EAVE REjECTEb EUROPE UMITy LEAVE 52% RE/AAIN THINGS ARE204 words
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Miscellaneous380 2016-11-06 12 / 13 bESCRIBEb FOUR PHASES OF A POPULIST ECONOMY "HISTORY ANb ACAbEMIC research suggest THAT POPULIST POLICIES LEAb TO STAGFLATION." /ASCI, JULY 2016 WITHIN BORbERS, RACIS/A blVIbES SOCIETY. -VSVOU NEEb TO SHOW %7'MORE SKIN. -ft UNIVERSAL inco/ae is BEING EXPLOREb AS A SOLUTION TO WIbENING WEALTH GAPS HE'S RICH. EE'S LAZY. WHY380 words
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THE RAFFLES CONVERSATION
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Article, Illustration2311 2016-11-06 14 / 15 VIKRAM KHANNA - SERGIO ERMOTTI, CEO OF THE WORLD’S LARGEST WEALTH MANAGER, TALKS ABOUT THE BANK’S TURNAROUND SINCE THE GLOBAL FINANCIAL CRISIS AND THE NEW HEADWINDS THAT IT FACES. BY VIKRAM KHANNA vikram@sph.com.sg NOT long after the US subprime crisis first hit the headlines in 2007, the venerable Swiss bank UBSPHOTOS: BLOOMBERG, AIDAN LOO - 2,311 words
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Advertisement328 2016-11-06 17 Everyone deserves a great Weekend In celebration of The Business Times' 40th Anniversary, readers can enjoy discounts on dining deals at selected exquisite restaurants! Dining offers for The Business Times readers this week at The Song of IndiaandPeach Blossoms: Peach Blossoms The Song of India Located on the fifth floor328 words
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Advertisement28 2016-11-06 18 room flat? If you're looking to buy or rent an HDB apartment, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.28 words
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INVESTING & WEALTH
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Article, Illustration1102 2016-11-06 22 he pursuit of a stable income has driven Europe’s pension funds into investing in anything from Dutch sex shops to British bingo halls BLOOMBERG THREE years ago, Amsterdam’s mayor asked a roomful of pension fund managers if they’d be willing to invest inBLOOMBERG - 1,102 words
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Article, Illustration938 2016-11-06 23 Daryl Guppy - Signs are good, going by the Guppy Multiple Moving Average indicators Daryl Guppy CEO Guppytraders.com ~The writer is an international financial technical analysis specialist, equity and derivatives trader and author. He has developed several leading technical indicators used by investors in many markets IN 2008,Source: Daryl Guppy - 938 words
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Indices
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Article144 2016-11-06 24 PRICE MARKET 5-DAY% Est P/E P/B YEAR-TO-DATE India NIFTY 8,429 .80 -2.41 18.3 2.72 6.1 Philippines PCOMP 7,227.37 -3.56 18.3 2.37 4.0 Indonesia JCI 5,362.66 -0.88 17.6 2.45 16.8 US S&P 500 2,088.66 -2.08 17.6 2.71 2.2 Malaysia KLCI 1,648.24 -1.32 16.6 1.71 -2.6 UK FTSE 100144 words
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Article, Illustration27 2016-11-06 24 NAME PRICE/UNIT 3-MONTH% Gold US$1,302.49/oz -3.7 Silver US$18.358/oz -9 .2 Copper US$4,960/MT 1.7 Soybeans US$989.5/bu 3.6 Palm Oil MYR2,736/MT 11.9 Coffee US$165.40/lb 13.5 Sugar US$21.37/lb 6.527 words
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Article, Illustration102 2016-11-06 24 Compiled from Bloomberg at 5.30pm on Nov 4 Asian currency vs USD CURRENCY PRICE 5-DAY 1-MONTH PRICE YEAR-TO-DATE Singapore dollar 1.3854 0.64 -1.18 2.00 China RMB 6.7573 0.34 -1.17 -3.99 Offshore RMB 6.7681 0.38 -1.24 -2.92 Indian rupee 66.7400 0.07 -0.32 -0.87 Indonesian rupiah 13,085 -0.11 -0.62 5.85 JapaneseCompiled from Bloomberg at 5.30pm on Nov 4 - 102 words
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STI
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399 2016-11-06 25 NAME PRICE WEEKLY PRICE CHANGE PRICE LOW HIGH YTD TOTAL RETURNS P/E P/B DIVIDEND 12-MONTH YIELD MARKET CAP ($M) 52 WEEK PRICE RANGE Global Logistic Properties Ltd 2.06 1.595 2.26 -1.1 11.7 0.82 2.9 9,655.2 Genting Singapore PLC 0.85 0.66 0.89 12.5 102.4 1.41 1.8399 words
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Reits and rates
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188 2016-11-06 25 NAME LAST PRICE (S$) P/B DIVIDEND 12-MONTH YIELD Sabana Shari'ah Compliant Indu 0.52 9.3 0.64 Viva Industrial Trust 0.76 9.3 0.94 Cache Logistics Trust 0.83 8.9 1.00 Frasers Hospitality Trust 0.70 8.8 0.84 IREIT Global 0.73 8.8 1.15 Lippo Malls Indonesia Retail T 0.39188 words
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52 2016-11-06 25 MARKET 3-MONTH CHANGE POINTS) MARKET 3-MONTH CHANGE POINTS) Malaysia 3.619 -0.005 New Zealand 2.765 0.552 Philippines 4.038 0.865 South Korea 1.710 0.297 Taiwan 0.941 Thailand 2.141 0.161 Singapore 1.918 0.067 Australia 2.328 0.383 Hong Kong 0.989 0.084 Indonesia 7.279 0.411 India 6.830 -0.342 Japan52 words
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Article, Illustration12 2016-11-06 25 Compiled from Bloomberg at 5.30pm on Nov 4Compiled from Bloomberg at 5.30pm on Nov 4 - 12 words
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COMPANIES
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Article, Illustration578 2016-11-06 16 Kenneth Lim - It hopes to cut costs, and also improve sales as Scoot has better market perception than Tigerair by Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SINGAPORE Airlines (SIA) is aiming one final bullet at the wounded Tigerair, hoping to cut costs and improve sales byBT FILE PHOTO - 578 words
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627 2016-11-06 16 Nisha Ramchandani - by Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore HEADWINDS that contributed to Singapore Airlines’ (SIA) weaker-than-expected results for the second quarter aren’t likely to dissipate soon. The stock shed 16 cents on Friday to close at S$9.95, after the airline group reported on627 words
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Article, Illustration551 2016-11-06 18 Melissa Tan - It says dividends will now be paid out of underlying earnings by Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore POSTAL and e-commerce group Singapore Post has cut its interim dividend by a third in a bid to keep payouts sustainable, as postal margins slippedPHOTO: AFP - 551 words
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426 2016-11-06 18 Michelle Quah - by Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore BEST World International reported a 121 per cent jump in net profit attributable to shareholders for the quarter ended Sept 30, 2016, thanks mostly to revenue growth in its China and Taiwan businesses. The group, which is involved426 words
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Article191 2016-11-06 18 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 3 0 0 0 6 5 3 Manufacturing 35 38 26 10 11 7 45 49 33 Commerce 15 17 15 4 4 4 19 21 19 Tpt/Stor/Comms 10 13 5191 words
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Article123 2016-11-06 18 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,680 12,680 34,902 34,902 Manufacturing 118,854 147,699 266,553 90,790 2,738 93,528 Commerce 255,642 25,030 280,672 98,355 414 98,770 Tpt/Stor/Comms 126,058 64 126,122 217,332 5 217,338 Finance 13,565 297 13,862 125,108 44 125,153 Construction 128,211 6,416123 words
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425 2016-11-06 19 Amit Roy Choudhury - Revenue up 1.8% at S$705.6m; no dividend announced for the quarter By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore VENTURE Corporation on Friday posted a 16.9 per cent rise in net profit for the third quarter to S$47.44 million, from S$40.57 million in425 words
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CORPORATE DIGEST
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Article172 2016-11-06 19 PACC Offshore Services Holdings posted third-quarter net loss of US$12.94 million compared to a net profit of US$12.58 million a year ago as market conditions in the offshore marine sector continued to deteriorate. Revenue plunged 48 per cent to US$41.63 million, largely owing to lower utilisation and charter172 words
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Article117 2016-11-06 19 SHOPPING mall owner Frasers Centrepoint Trust (FCT) has inked deals to buy all 10 strata-titled retail units at the Yishun 10 cinema complex from mainboard-listed Bonvests Holdings for S$37.75 million in total, both parties said in Singapore Exchange filings on Friday evening. Chief executive officer of FCT’s117 words
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Article97 2016-11-06 19 MAINBOARD-LISTED South-east Asian property developer GSH Corporation third-quarter net profit plunged to S$ 103,000 for the three months ended September from S$6.5 million a year ago, due to a fair value loss. The group had entered into a loan and deposit arrangement with a bank, which has foreign97 words
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Article, Illustration463 2016-11-06 19 Angela Tan - HOT STOCK By Angela Tan angelat@sph.com.sg Singapore GENTING Singapore saw its shares rally more than 12 per cent on Friday, a day after the casino operator reported a surge in its third-quarter net profit that trumped consensus andSource: Bloomberg - 463 words
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Article, Illustration642 2016-11-06 20 Lee Meixian - Integrated resort also reports higher room occupancy and revenue, and bigger win percentage in VIP rolling gaming segment by Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore MARINA Bay Sands (MBS) on Friday reported a 0.3 per cent increase in net profit to US$390.7 million for itsST FILE PHOTO - 642 words
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671 2016-11-06 20 BLOOMBERG Hong Kong RICH investors in Europe and Asia are betting on stocks that will rise if a particular candidate wins the US election next week, and one firm says more than 80 per cent of its customers’ dollars are wagering onBLOOMBERG - 671 words
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568 2016-11-06 21 R Sivanithy - STOCKS by R Sivanithy ON the one hand it would be all too easy to focus on the fact that if Donald Trump wins the US presidency, markets could be thrown into turmoil and that this worry was the predominant568 words
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Article789 2016-11-06 21 Substantial shareholder/director transactions For week beginning Oct 31 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) iFAST Corp 02-Nov-16 Lim Wee Kian Buy 44 0.85 ***** 6.37 ***** 6.39 Keppel Corp 02-Nov-16 Aberdeen789 words
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BROKERS’ TAKE
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Article118 2016-11-06 21 Singapore Airlines > Hold CIMB Research, Nov 4 Target price: S$10.47 Nov 4 close: S$9.95 SIA reported H1 FY3/17 core net profit of S$33.7 million, down 59 per cent year on year, and about 30 per cent below expectations on escalating yield pressures and falling passenger load factors. Despite low118 words
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Article125 2016-11-06 21 BreadTalk Group > Hold (Upgrade) OCBC Investment Research, Nov 4 Target price: S$1.07 Nov 4 close: S$1.005 BREADTALK Group’s Q3 16 results came in within our expectations. Revenue was down 2.7 per cent year on year to S$157.3 million while Patmi rose 107.7 per cent to S$3.3 million. 9M16 revenue125 words
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Article185 2016-11-06 21 Andrea Soh - Genting S’pore > Neutral Compiled by Andrea Soh RHB Research, Nov 4 Target price: S$0.82 Nov 4 close: S$0.85 H1 17 outlook remains challenging as the group reiterated its selective credit offerings to improve the quality of its receivables going forward. An above-average 3.3 per cent VIP hold rate coupled185 words
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REAL ESTATE
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Article, Illustration886 2016-11-06 26 Petra Blazkova - Chinese real estate market has attracted 24% of all cross-border investments from Singapore since 2009. By Petra Blazkova by Petra Blazkova ~The writer is senior director of Asia-Pacific analytics at Real Capital Analytics SINGAPORE is a wealthy country withPHOTO: AFP - 886 words
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Article, Illustration953 2016-11-06 27 Construction of the Spire to start in early 2017 on a site adjacent to Canary Wharf BLOOMBERG New York IN 2013, architecture firm HOKwas approached by a representative of the Greenland Group, China’s third-largest developer. “They said they wereBLOOMBERG; PHOTO: REUTERS - 953 words
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Article1552 2016-11-06 28 Property transactions for selected districts with contract dates between Oct 20 and Oct 25, 2016 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN TRANSACTED PSF TOX* RENTAL STREET NAME TYPE DATE /LAND PRICE (S$) YIELD** AREA (S$,000) (SQF) District 2 ICON Apt 20/10/2016 99 883 1,150 1,303 -7.26 4.07 District1,552 words
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324 2016-11-06 29 PROJECT NAME/ PROPERTY LOWEST MEDIAN HIGHEST NO. OF STREET NAME TYPE PRICE (S$) PRICE (S$) PRICE (S$) TRANSACTIONS District 1 THE SAIL MARINA BAY Apt 3,050 4,850 8,700 24 ROBINSON SUITES Apt 2,550 3,000 3,300 10 District 2 ALTEZ324 words
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Article94 2016-11-06 29 RANKING NAME TOTAL SEARCHES IN PAST MEDIAN PRICE PSF TWO WEEKS (S$) 1 THE SAIL MARINA BAY 755 1,734 2 CITY SQUARE RESIDENCES 572 1,333 3 THE INTERLACE 391 1,072 4 SELETAR SPRINGS Condo 349 689 5 OUE TWIN PEAKS 346 2,650 6 PARC CENTROS 33594 words
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Article161 2016-11-06 29 All financial products, shopping products and services are presented without warranty. DATE FLOATING RATES, PEGGED TO: FIXED RATES WEEK OF OCT 31 SIBOR SOR COMBO BANK’S BOARD RATE Lowest rate 1.13% 1.32% 1.42% 1.00% 1.60% this week Change from 0.01% 0.04% 0.02% 0.00% 0.00% last week161 words
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Article, Illustration558 2016-11-06 29 Kalpana Rashiwala - Operations at the logistics hub in the Toh Guan area of Jurong East expected to begin in two months By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore AMAZON has signed a lease for nearly 100,000 square feet at Mapletree Logistics Hub Toh558 words
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Page 27 Advertisements
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Advertisement41 2016-11-06 27 GOOD CLASS BUNGALOW HOLLAND PARK *****/ ***** sqft Brand new, pte lift Elevated, wide frontage Opp Botanic Gdn Motivated Seller Exclusive Marketing Agent K H Tan *****348 Joanne Lai *****025 Newsman Realty Pte Ltd Estate Agt L*****29F. CEA Reg R*****9A, R*****3C41 words
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Advertisement77 2016-11-06 27 HOT PROPERTY $1.75M FH TERR @Thrift Drive 4 spacious rms incl granny. 1306/ 1500sf. New roof. Can park limo. $100K BELOW VALUE. Semi-D Chuan Gdn. FH. Land 3775/ Built 3000 sf. 5 mins walk to Chomp Chomp. $3.88M neg. LANDED PROPERTIES FOR SALE Check out these properties and more in77 words
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THE BROAD VIEW
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780 2016-11-06 30 Lawyers and investigators routinely mine public social media profiles for a glimpse into the activities of the client’s spouse NYTIMES A MARRIAGE is not just the union of two people. It is also the union of their data. And whenNYTIMES - 780 words
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Article, Illustration900 2016-11-06 30 The Dalai Lama; Arthur C Brooks - Global brotherhood can be made personal. by The Dalai Lama and Arthur C Brooks ~The 14th Dalai Lama, Tenzin Gyatso, is the spiritual leader of Tibet and a Nobel laureate for peace. Arthur c Brooks is president of the American Enterprise instituteNYTIMES; ILLUSTRATION: NYTIMES - 900 words
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Article, Illustration703 2016-11-06 31 He becomes social media target in heat of US electioneering NYTIMES BY many measures, Chobani embodies the classic American immigrant success story. Its founder, Hamdi Ulukaya, is a Turkish immigrant of Kurdish descent. He bought a defunct yogurt factory in upstate New York,NYTIMES - 703 words
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569 2016-11-06 31 Court arguments point to financial consequences, philosophical implications NYTIMES Washington THE immediate question for the justices at a Supreme Court argument on Monday was whether designs on cheerleaders’ uniforms were subject to copyright protection. As the argument progressed, though, it becameNYTIMES - 569 words
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SPORTS
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Article, Illustration997 2016-11-06 32 Lee U-Wen - THE FINISH LINE Barcelona president reignites debate about La Liga being the superior league, but is it fair to compare? By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT THE English Premier League (EPL) is the oldest and by far the most-watched football league in the world,PHOTO: AFP - 997 words
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HEALTH
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Article, Illustration1137 2016-11-06 33 Dr Teo Ngee - Screening is important but it should be targeted at the right group to make the exercise meaningful Dr Teo Ngee Resident Doctor Centre For Medical Imaging THE other day, my sister-in-law declared with indignation: Our ministers must be better looked after. We should have them screenedPHOTO: FILE - 1,137 words
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Page 33 Advertisements
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Advertisement14 2016-11-06 33 This series is produced on alternate Saturdays in collaboration with Singapore Medical Specialists centre.14 words
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LIFE & CULTURE
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Article, Illustration1386 2016-11-06 34 Vivien Shiao - CUBICLE FILES by Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT THERE is just something about a strong, assertive female boss that somehow gets under people’s skin. As much as women have been urged to lean in to leadership, this clarion call has notILLUSTRATION: KENNETH LIM - 1,386 words
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Article, Illustration851 2016-11-06 35 Kelly Tay - OFF BEAT by Kelly Tay kellYtaY@sph.com.sg @KellyTayBT AT the risk of being labelled a fusspot, I’ll come right out and say it: I loathe double-dipping. I’m not referring to the accounting definition where one draws an income from two differentILLUSTRATION: YU KEXIN - 851 words
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Page 35 Miscellaneous
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Miscellaneous295 2016-11-06 35 CRYPTIC CROSSWORD Across 1 Cruel, cruel habit and endlessly revolting (12) 9 Settled admitting father right to get divorced (9) 10 Spruce up grand space (5) 11 Controlled animal’s lair after purge (6) 12 Telling-off, catching chill in grass (8) 13 Comparatively confined in dock, accepting fine (6) 15 It295 words
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Page 36 Advertisements
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Advertisement359 2016-11-06 36 Unwind in style with the all-new 2-in-i Business Times Weekend From Saturday 8 October, the weekend edition will feature a luxury lifestyle magazine called Weekend that will be your slick, up-to-the-minute guide to the best in fashion, travel, food, design and more. Get your news fix too with the refreshed359 words
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