Today, 6 October 2008

Total Pages: 40
1 40 Today
  • 10 1 TODAY Monday October 6, 2008 www.todayonline.com we set you thinking
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  • Article, Illustration
    20 1  -  Conrad Raj Full guarantee of bank deposits would reassure investors here, and differentiate local banks from competition. Page B5
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  • 29 1  -  Chitra Rajaram There has been a rise in teen STls,but don't look to the media or schools to provide the solution. That's the job of parents. Page 3
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  • 25 1 Hypo bailout? Nein The collapse of Germany's second-largest mortgage lender is imminent as commercial banks pull out of a $70-billion rescue plan. Page Bl
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  • 787 1  -  NEOCHAICHIN SINGAPORE ECONOMY Expect slowdown over several quarters, more job losses: Finance Minister chaichin@mediacorp.com.sg SINGAPORE will suffer an economic slowdown lasting "several quarters" and unemployment is expected to rise, Finance Minister Tharman Shanmugaratnam warned yesterday at a dialogue with community leaders and residents in Toa Payoh East.
    AFP  -  787 words
  • 255 1 CHANNEL NEWSASIA THE Agri-Food and Veterinary Authority (AVA) said it would be prosecuting two retail outlets of minimart chain I-Tec Supermart for allegedly persisting in selling imported milk and milk products from China. The authority confirmed it has also given verbal warnings to
    CHANNEL NEWSASIA  -  255 words
  • 317 1 AGENCIES CNJVs plunge into online citizen journalism went badly wrong last Friday when the news outlet was used as a platform for a fake report saying that Apple chief executive Steve Jobs had suffered a heart attack. Apple shares plummeted nearly 10 per cent in 12
    AGENCIES  -  317 words
  • Page 1 Advertisements
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  • Page 1 Miscellaneous

  • NEWS
    • 215 2  -  NEOCHAICHIN THE larger number of foreign students in our schools and universities is not at Singaporeans' expense, Finance Minister Tharman Shanmugaratnam said yesterday. This is because the Government first decides on the number of places to offer to local students and this will be
      I TODAY FILE PHOTO  -  215 words
    • 295 2  -  NEOCHAICHIN IN THE wake of a 21-per-cent hike in electricity tariffs for the rest of this year, could the lowincome expect more help in next year's Budget? Finance Minister Tharman Shanmugaratnam acknowledged that the latest electricity hike is "rather large" and said the Government
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    • 813 3  -  CHITRA RAJARAM NEWS COMMENT How parents can help to inculcate the right set of values in their children deputy editorial director chitrarajaram@mediacorp.com.sg BLAME it on the media and the Internet; the lack of parental support; even the lack of discipline in schools whatever the
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    • 335 4  -  NEOCHAICHIN ILLEGAL IMPORTS chaichin@mediacorp.com.sg THE Agri-food and Veterinary Authority (AVA) is investigating the illegal import of 50 arowana fish, an endangered species, into Singapore last Thursday. The fish, worth about $1,000 each, were discovered by AVA officers at its Changi Animal and Plant Quarantine Station at
      WEETECK HIAN  -  335 words
    • 1168 5 Investing in your long-term financial goals isn't a daunting affair. By simply adopting a dollar-cost averaging strategy, you could save a significant amount, while instilling a disciplined approach to investing. With the financial markets constantly in a state of flux these days, as much as
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    • 636 6  -  LINYANQIN SERANGOON GARDENS Residents atTai Hwan estate unhappy over proposed workers' dorm yanqin@mediacorp.com.sg IT HAS long been a pleasant spot for residents to relax and for children to play in, but yesterday afternoon, this leafy park in the middle of the Tai Hwan
      LINYANQIN  -  636 words
    • 341 6  -  ZULOTHMAN zul@mediacorp.com.sg LIFE in the fast lane is not without its pitfalls: As more Singaporeans get caught up in the rat race, medical practitioners have noticed that a significant number have developed mental illnesses typical to developed societies. In fact, Dr Lee
      WEETECKHIAN  -  341 words
    • SINGAPORE ROUNDUP
      • 128 8 CHANNEL NEWSASIA The elderly in nursing homes and school children from lowincome families are among needy Singaporeans who will be getting help in their eyecare. A new mobile eye-screening clinic will be making its rounds across the island in a van, and launching it yesterday was
        CHANNEL NEWSASIA  -  128 words
      • 72 8 CHANNEL NEWSASIA SMRT's staff took to the streets with donation tins yesterday, hoping to raise about $1 million for the elderly and their caregivers. Set up in 2006, its Silver Tribute Fund supports programmes that help the elderly regain and maintain their independence. SMRT said over
        CHANNEL NEWSASIA  -  72 words
      • 74 8 938 LIVE Two men were injured yesterday after a fight broke out in the Bugis Junction shopping mall. Police received a call for help at about 3pm. When they got there, they found a 16-year-old man and a 22-year-old man hurt. One had
        938 LIVE  -  74 words
    • 163 8 CHANNEL NEWSASIA THE expatriate community in Singapore was given a chance yesterday to soak in the festivities of the Hari Raya celebrations. For the first time, the Singapore International Foundation (SIF) organised a party to introduce them to the meaning of the occasion, while
      CHANNEL NEWSASIA  -  163 words
    • 304 8  -  ZULOTHMAN Unhappinessover blackout of report in student media platforms zul@mediacorp.com.sg FOUR Nanyang Technological University (NTU) students took to Speaker's Corner at Hong Lim Park yesterday afternoon to protest the axing of an article in the student newspaper The Nanyang Chronicle and the campus' radio and television
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    • 563 10  -  ESTHERNG CLEAN ENERGY Joint venture with top institutes raises $800,000 to develop solar cell industry estherng@mediacorp.com.sg PICTURE this: There is a new solar panel in the market with the latest technology to reduce your electricity bill drastically. You want to buy it because it
      TODAY FILE PHOTO  -  563 words
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  • Page 2 Miscellaneous


  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 430 5 Brought to you by HSBC <Z> Insurance mvm '~'*e doesn't stoP at one stage.Your insurance plan shouldn't either. As your financial needs evolve over time, it makes sense to invest in a plan that grows with you, through the different stages of your life. HSBC's investment-linked insurance plans aim to
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  • Page 6 Advertisements
    • 172 6 If you enjoy the prestige that comes from being the best in your field, then you'll appreciate the professional advantages derived from attaining the PMP®, the profession's most globally recognized and respected credentials. The PMP* designation following your name tells your employers that you have demonstrated a solid foundation of
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 238 8 Tune in to Class 95FM, Gold 90.5FM and Y.E.S. 93.3FM to find out more I I WLM^ k l. SINGAPORE MANAGEMENT He Masters uNi™sm' The Financials I Applied With Distinction And Success ';I^HBk SMU MASTER OF SCIENCE IN APPLIED FINANCE ff <q$ .^S I Tailored For Real-World Practice f Searching
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  • Page 8 Miscellaneous

  • Page 9 Advertisements
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  • Page 11 Advertisements
    • 365 11 Systema Healthy Gums, m^T^ T Healthy Teeth! F IV 4, Systema Complete Gum Care System r~ q x. Cares for gums for stronger, healthier teeth! 3yblc>—.a Gum Care Road Show Date: 6 7 October 2008 The Importance of Gum Care Time 30am 700pm Healthy gums are the foundation for healthy
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  • WORLD
    • 325 12 AP KUALA LUMPUR Malaysia's senior politicians have started scrambling for coveted posts in the ruling party amid expectations of a major power shuffle once the embattled Prime Minister steps down. Contenders are now vying for the support of party officials in 191 districts
      AP  -  325 words
    • 201 12 AGENCIES WASHINGTON Alaska Governor Sarah Palm, in some of her sharpest attacks on Mr Barack Obama, linked the Democrat presidential candidate to a domestic terrorist group from the 70s. Mr Obama "is someone who sees America as imperfect enough to pal around with terrorists
      AGENCIES  -  201 words
    • 443 12 AGENCIES THAI PROTESTS Police nab 2nd of 9 protest leaders in crackdown BANGKOK Thai police yesterday arrested a second protest leader who led thousands of demonstrators in a five-week siege of government offices in the capital. Police said retired general Chamlong Srimuang was arrested on
      AGENCIES; AP  -  443 words
    • 347 13 AFP CORRUPTION CHARGES Former President appeals for public help amid what he calls "political persecution' TAIPEI Former Taiwan President Chen Shui-bian (picture) has appealed for public support as an investigation into allegations of money laundering and embezzlement against him and his family shifts into high gear, a
      AFP; BLOOMBERG  -  347 words
    • EYE ON ASIA
    • 274 14 AFP WASHINGTON A brother of Afghan President Hamid Karzai may be involved in the illegal drug trade, The New York Times (NYT) reported on its website on Saturday. Citing unnamed United States officials, the newspaper said the US ambassador to Afghanistan, the
      AFP; AP  -  274 words
    • 424 14 I'm not dead just watching football: Kim AGENCIES NUCLEAR DISPUTE N Korean leader, facing Israeli accusations, makes his presence felt SEOUL North Korean leader Kirn Jong 11, rumoured to have suffered a stroke, has sent a signal he has recovered and is back in control, with his first reported public
      AGENCIES  -  424 words
    • GLOBAL ROUNDUP
    • 52 16 EPA A devotee to the Jui Tui Shrine has his face pierced by trees during a parade to mark the annual Vegetarian Festival in Phuket yesterday. The nine-day-long event, held during the ninth month of the lunar calendar, emphasises merit-making and the ritual cleansing of
      EPA  -  52 words
    • 430 16 AFP FINANCIALCRISIS "Liberal' Nobel Economics Prize winners blamed for market mess STOCKHOLM The current financial crisis is raising questions about the legacy of the Nobel economics award, with prized liberal market theories being blamed for the mess. Some experts say the turmoil will push the
      AFP  -  430 words
    • 418 17 THE DAILYTELEGRAPH ILLICITWILDLIFETRADE Rise in elephant poaching linked to arrival of Chinese workers in Kenya ARCHER'S POST (Kenya) Chinese workers rebuilding roads in northern Kenya are feared to be driving a sharp rise in elephant poaching, which has seen dozens of the animals slaughtered
      THE DAILYTELEGRAPH; . AFP  -  418 words
    • 234 17 AFP SYDNEY Australians who sound like Crocodile Hunter Steve Irwin could soon be a relic of the past, a report said yesterday. Research shows the nasal Australian twang exemplified by the late Irwin and Crocodile Dundee star Paul Hogan will be phased
      AFP  -  234 words
  • Page 12 Advertisements
    • 296 12 BE YOUROWN BOSS! JmSmSSSSBBm ATTEND the FREE 2-hour Entrepreneur Action Seminar to learn: How you can START AND RUN BUSINESSES WITH LITTLE OR NO MONEY! Why most businesses fail and HOW TO AVOID COSTLY MISTAKES! How to INVEST AND CO-OWN MANY PROPERTIES! Secrets of creating your own MULTI-MILLION DOLLAR NICHES!
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  • Page 12 Miscellaneous

  • Page 13 Advertisements
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  • Page 14 Advertisements
    • 150 14 Panasonic professional\^D ideas for life A Communication System for SMEs y that opens the gateway to your success, y Cost Efficient Communication System I Whether you're an office, restaurant, workshop or clinic, you will I Pa"a!°l appreciate Panasonic's advanced hybrid telephone system. s I That's because the KX-TESB24SN system with
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  • Page 15 Advertisements
    • 309 15 4^ W %£J beauty Mtf p£4Ht*e*iftL,HovL problem is 4one\ all worthwhile. confidence. My appearance! I rSr.SSN^SsrsSutions.. Those obvious marks have to go! Christina Tan, 41 vJ k Pigmentation My skin looked so good after just a few botanical treatments at New York Skin Solutions. I wish I had gone for
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  • Page 16 Advertisements


  • voices
    • 450 18  -  Goh ShihYong FOOD LABELS Letter from Assistant Director, Corporate Communications for Chief Executive Officer, Agri-Food and Veterinary Authority and Patricia Woo Deputy Director, Corporate Communications for Chief Executive Officer, Health Promotion Board WE REFER to the letter "Do we know what they mean?" (Sept
      450 words
    • 179 20  -  DR BILL MAIER BY WORDS CAN MAKE OR BREAK YOUR CHILD'S FUTURE If you knew that the words you used around your children were shaping their future, how careful would you be before speaking? The truth is, the words we say to our kids have more
      179 words
    • 371 20  -  George Pasqual PRESERVING LANDMARKS Consider charming Seletar Airbase, Jalan Kayu for Heritage Site status Letter from I REFER to "From pub crawls to children's books" (Sept 30). The National Heritage Board, in its plan to spend $8 million on heritage projects, should consider including
      371 words
    • 175 20  -  Orhan Koc Letter from Managing Director, supperclub I REFER to "supperclub, what a snub" (Octl). We aim to maintain the highest level of customer satisfaction possible and we sincerely apologise for the longer-than-usual waiting time for entry into our Singapore venue. However, due to the
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  • Page 18 Advertisements
  • Page 18 Miscellaneous

  • Page 19 Advertisements
    • 102 19 Bottom TUMMY, HIPS THIGHS N.Y 1 F 4 International Top Model I _J Amber Chia 11/.' 20 SESSIONS jU^w||||^^^^m /m Primary fats deposit (main contributor of Body Fat Percentage). Problematic area in losing fats. Abdominal obesity can lead to Diabetes and Heart problems. ji^^^^ tummy A Muscle and fats L
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  • Page 20 Advertisements
    • 124 20 a Specialist Diploma ./"Ycademy ■or V j in Applied {^ounsellors Psychology >.J1.U,.!..,11.1.11.'JL1 J ..!.,1,M..11!rTp».T^.M<WM Ulfariypml www.certifledcounsellors.oig Hotline t6339 5411 All courses are conducted by ACC School of Counselling and Psychology (MOE Reg. N0.2233). the training division of Academy of Certified Counselfors. 1^ Pi m y J JH j /*TJ\ Active
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    • 135 20 w*Tm W I IHmilMil JT TOPICS |B I Regular Screening for Early v I^. Detection of Breast Cancer I Reducing your Risk Preventing Breast I Cancer To find out more, join us with your family members I Treating Breast Cancer at the public forum by renowned doctors. l[» Living Your
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  • Page 21 Advertisements
    • 180 21 Brought to you by: (IIMoneySENSE ft SS^'™' tltl'C VMt'ttlff /<-r /ifftrrwti/ Na<ianal Trades Union Congress r A N.ui«n.il financial Education froftramme for Sinßaport 11 October 2008, Saturday 1230pm-spm I Swissotel Stamford k"^ \y Ballroom J^J^ ■0>^^^ff^B? >^^B? i" ■jm w^\ jew*, w Yes, I would like to attend. I enclose
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  • plus
    • TELEVISION
      • 802 22 AP,THE NEWYORKTIMES FUNNY POLITICS Skewering politicians on the US comedy circuit has become the funniest thing on TV IT'S starting to feel like Tina Fey is running for Vice-President. 30 Rock's Fey again returned to Saturday Night Live {SNL) to play United States vice-presidential candidate Sarah
        AP,THE NEWYORKTIMES; YENYOK |  -  802 words
      • 141 22 30 Rock's Tina Fey managed a comedic hat trick, parodying Republican vice-presidential nominee Sarah Palm three hilarious times on Saturday Night Live. Here are some of her golden "Sarah" moments. A DEBATE WITH VP RIVAL AISENATORJOEBIDEN' On her plans to fix the
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    • 216 24  -  CHRISTOPHERTOH LOVE is always in the air for Taiwan-based Mando-pop chanteuse Fish Leong. At least, that's the image that she projects. After all, the Malaysian-born singer, who's best known for her love ballads, didn't earn her the nickname "Queen of Love Songs" for nothing. But when the
      ERNESTCHUA  -  216 words
    • 513 24  -  MAY SEAH TRAVEL TV What fuels the humour of comedian and travel host Sanjeev Bhaskar? may@mediacorp.com.sg SANJEEV Bhaskar is arguably the world's favourite 881. That's British-Born Indian, of course. And now, fans in Singapore can catch him on BBC Knowledge (Sing Tel mio TV
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    • Article, Illustration
      245 26  -  DARREN HO CHARITY FEVER Disco freak Ah Hock aka Adrian Pang, gets the goodwill money flowing THE actor, who dressed up as his character in the 1998 feature film Forever Fever, performed at the annual Wild Rice Ball, which was held on Friday at the grand ballroom
      DONWONG  -  245 words

  • Page 23 Advertisements
    • 242 23 r a miO Watch out for popular 8358 TV Indonesian dramas 24 hours daily BsEM on Astro Aruna! *> m W mm. w <H A F/ I to Sex nnd the QiY' 1 Mewarnai Langit Suami Suami Takut Istri Roman Picisan Tersanjung 6 Malaikat Malaikat Kecil Arung Sikaya (Starts 7
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  • Page 24 Advertisements
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  • Page 26 Advertisements
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  • Page 26 Miscellaneous
    • 90 26 FDFD 415p1 71 B__Al _9_ ±4_s_ i i J J H_i_ A_ 6_4ii_ A_ 2^J 8_ Q__ I |4|5 3 16. 2|i 9 6 2 7 3 9 ***** 8| ***** B'2" 711 IMWMPIiI 8 15 4 7 2 9 3 6|B>iWfßiiMflflaW 5 7 2 8 6 4 3 1
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  • Page 27 Miscellaneous
    • 948 27 TV LISTINGS O N MEDIAC OR P .™.™.—..—™.....g.... ON MED |ACO R P THE HUMAN SPIRIT LET'S DANCE (DEBUT) SuD6rhurTlBn GiBntS 6.00 AM Entertainment Tonight I.OOPM Chakia Sneakers 7.45 Mega Monday Movie Channel U Bom .y r t 5.30 Prime Time Morning 1.30 Alternative Sports Diary Jurassic Park HI (Available
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  • sports
    • 575 28 ENGLISH FOOTBALL Rooney's back in the goals as Fergie backs him to lead United #s title charge English Premiership Blackburn Rovers o Manchester United 2 BLACKBURN Alex Ferguson believes that Wayne Rooney and Manchester United are ready to take a stranglehold on the Premier League after
      AFP  -  575 words
    • 373 28 THEOBSERVER LIVERPOOL Joe Kinnear (picture), who made headlines with his expletive-laden attack on local journalists at Newcastle's press conference on Thursday, has said his treatment at the hands of local media has been "soul-destroying" and "sickening". Kinnear, speaking ahead of the game at
      THEOBSERVER; AP  -  373 words
    • 443 29 AFP ENGLISH FOOTBALL Dutchman's last-gasp goal keeps Reds'flying high English Premiership Man City 2 Liverpool 3 MANCHESTER Dirk Kuyt scored an in-jury-time winner as Liverpool fought from 2-0 down to claim a dramatic 3-2 victory against 10-man Manchester City at Eastlands yesterday. Dutch forward Kuyt, who
      AFP  -  443 words
    • 480 29 English Premiership Chelsea 2 Aston Villa o LONDON Nicolas Anelka ensured injuryravaged Chelsea remain top of the Premier League as the France striker sealed his side's 2-0 win over Aston Villa yesterday. Blues boss Luiz Felipe Scolari is without a host of
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    • 723 30  -  MILTON TAN SINGAPORE FOOTBALL Sengkang coach says he's sure he'll return, as he maintains close ties with his S-League club NTUC Income-Yeo's S-League 2008 Sengkang Punggol v Balestier Khalsa Hougang Stadium, 7.45pm sports@newstoday.com.sg LAST night, S-League Player of the Decade and former Singapore striker,
      MILTONTAN  -  723 words
    • 463 30 AFP BARCELONA Barcelona underlined their Spanish title credentials on Saturday (yesterday morning, Singapore time) with a 6-1 thrashing of Atletico Madrid who never recovered from conceding three goals in a breathtaking first 10 minutes. If the game was billed as Lionel Messi
      AFP; AP  -  463 words
    • 569 31  -  TANYO-HINN SAILING Organisers hope to get Singaporeans excited for Volvo Ocean Race stopover in December yohinn@mediacorp.com.sg THE Volvo Ocean Race is regarded as the Formula 1 version of yachting. But unlike the motorsport, it does not enjoy the same mass global appeal, partly because it
      AFP  -  569 words
    • 155 31 THE Singapore Slingers surrendered their unbeaten run in this season's Singapore Challenge Series when they went down 81-90 to visiting Australian National Basketball League side Sydney Spirit at the Singapore Indoor Stadium yesterday. Forward Blagoj Janev topscored for the home side with 22 points, but
      f WEETECK HIAN  -  155 words
    • 395 31  -  TANYO-HINN NATIONAL table tennis star Li Jiawei (picture) is not planning on calling it a day just yet. On Saturday, it was revealed that the 27-year-old is set to tie the knot after registering her marriage to a
      TREVOR TAN  -  395 words


  • Page 30 Advertisements
    • 28 30 Co-Title Sponsors Partners in Sports Sponsors Official A\/A\/A tote m W Mrf M? Convergence *J""+Y+* <® Wfl JUffl+Bank mTkasa ®sunris^ ffa^ ™g* «^s ■■.i i:ig Hope i'lifV-OvTi] _i\c^. %2^'£
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  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 39 31 SPORTS ON TV TODAY Bam NLDS Phillies v Brewers, Ch 23 8.30pm NFL Jaguars vSteelers, Ch 22 SPO?!?. ON RA??. 1? 1 6.35am-n.3spm Sports Zone Minutes Hourly Sports updates live on gjBLive g.ioam-g.3oam Sports Zone Wrap (encore at g.iopm)
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  • succeed
    • 692 32  -  LINYANQIN ONTHEGO Designing animal exhibits is vboth an art and a science' yanqin@mediacorp.com.sg LANDSCAPE architect and horticulturist Melvin Tan says he derives immense pleasure from designing exhibit spaces for animals. As the assistant director of horticulture for Wildlife Reserves Singapore encompassing the Singapore Zoo,
      LINYANQIN  -  692 words
    • Article, Illustration
      262 33  -  Gini Graham Scott LINYANQIN ENJOY! 101 LITTLE WAYS TO ADD FUN TO YOUR WORK EVERY DAY by The stress and lack of inspiration that can afflict you when faced with the prospect of work is a common complaint in a fast-paced competitive society. But this, according to author
      LINYANQIN  -  262 words
    • Article, Illustration
      174 33 I AM WOMAN, I AM LEADER With technology bringing down global barriers and to a large degree, gender barriers, women are developing entrepreneurial skills, climbing the corporate ladder and breaking the glass ceiling. Many more want to learn and be inspired. Here is one forum that aims to
      174 words
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  • Page 33 Advertisements
    • 78 33 BThe university of Western Australia Achieving International Excellence INTERNATIONAL EXCELLENCE r Nobel Prize-Winning University Prof. Barry Marshall and Em. Prof. Robin Warren For Physiology or Medicine, 2005 I ?i y r Top 20 Asia Pacific University i Shanghai Jiao Tong University, i Insthute of Higher Education, 2007 >j^ Top MBA
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  • Page 33 Miscellaneous

  • BUSINESS
    • 696 34  -  CONRAD RAJ MONDAY BLUES editor-at-large conrad@mediacorp.com.sg Full guarantees of deposits would reassure investors, and differentiate local banks from competition THE United States recently raised the limit on deposits insured by the Federal Government's insurance scheme from US$lOO,OOO ($144,000) per individual per bank to U*****,000. Great
      YENYOK  -  696 words
    • 424 34  -  KELVIN CHOW kelvinc@mediacorp.com.sg WITH the financial tsunami sending Shockwaves throughout the world, very few companies see this as a good time to come to market, and many are instead turning to alternatives like private equity and private placements. Some, like plastic-mould-maker China Kunda
      424 words
    • BUSINESS ROUNDUP
      • 124 36  -  HEDIRMANSUPIAN Capita Land yesterday announced the public sale of residential apartments in Raffles City Bahrain, a waterfront development located in the prime Bahrain Bay area. Scheduled to start today at Cityscape Dubai, an international real estate investment event in Dubai, the development is
        PHOTO COURTESY CAPITALAND  -  124 words
      • 211 36 AFP Vietnam's economy, which started overheating months ago, has begun to stabilise, but experts warn the government must stay the course as the global financial system is plunged into crisis. Inflation reached 27.9 per cent year-on-year last month, but the monthly increase in consumer prices had dropped
        AFP  -  211 words
    • 445 36 AP FINANCIALCRISIS But leaders pledge to ensure stability PARIS Europe's four major powers vowed on Saturday to do all they could to prevent Wall Street's turmoil from destabilising their banking systems even as a US$4B-billion ($7O-billion) plan to save a German mortgage lender fell apart.
      AP  -  445 words
    • 428 37 AFP AVIATION Budget carrier on talk that it may go private as industry slows KUALA LUMPUR Air Asia, the region's largest low-cost carrier, said on Saturday it is exploring "various options", following a newspaper report that it may soon be privatised. "We have continuously
      AFP; BLOOMBERG  -  428 words
    • STOCK CALLS
      • 60 38 42 cents Buy DBS Vickers cuts target price to 60 cents from $1.10, after lowering FYO9 earnings forecast to reflect reduced contributions from associate Nanjing SR Puzhen Railway Transport. It also keeps call as fundamentals remain firm, given orderbook of up to $125 million for Midas' core aluminium
        60 words
      • 50 38 $4.38 I Hold DBS Vickers downgrades from "Buy" on concerns that refining margins will be hurt by weaker oil demand, glut of new refining capacity. Cuts target price to $4.54 from $8.22, after lowering FYOB-09 net profit forecasts to reflect expected inventory writedown, more conservative refining margin assumption.
        50 words
      • 94 38 $2.48 Sell ABN Amro cuts Star Hub target price to $2.20 from $2.40, reiterates rating. Broker says target cut reflects lowered earnings forecasts as earlier-than-expected rollout of new national broadband network could increase competition in sector; cuts FYO9-FYIO earnings estimates by 2 to 5 per cent. Says earnings likely
        94 words
    • MARKET INFO
    • 469 38 AGENCIES FINANCIAL CRISIS Germany guarantees all deposits to pre-empt run on banks YET another maj or financial institution is teetering on the edge after a banking consortium withdrew from bailout negotiations at the weekend, threatening to send already weak markets into a deeper decline. Germany's Hypo
      AGENCIES  -  469 words
    • 538 38 AGENCIES NEWYORK-A state judge has granted an order extending Citigroup's "exclusivity agreement" with Wachovia Corp, after Wells Fargo announced a competing bid for the distressed North Carolina lender on Friday. New York State Supreme Court Judge Charles Ramos issued the emergency injunction, protracting
      AGENCIES  -  538 words
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