The Business Times, 28 May 1994

Microfilm: NL19381
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Weekend Edition, May 28-29 1994 75«
    13 words
  • Article, Illustration
    Lock icon US renews China's MFN, delinks human rights
    565 1  -  From Leon Hadar in WASHINGTON PRESIDENT Bill Clinton has officially decided to renew China's Most Favoured Nation (MFN) status and delink human rights from the annual extension of its trade privileges. To the dismay of many human rights activists and several Democratic members
    AFP  -  565 words
  • Article, Illustration
    Lock icon Ng Teng Fong raises YHS stake to 16.75pc
    546 1  -  By Genevieve Cua SINGAPORE Property tycoon Ng Teng Fong's appetite for Yeo Hiap Seng remains unsated. In a series of acquisitions on Monday and Tuesday, Mr Ng's Far East group paid a total of $4.6 million for YHS shares, raising his stake
    Source: Bridge Info  -  546 words
  • Article
    Lock icon Beijing welcomes move
    253 1 Reuter BEIJING China said yesterday it welcomed US President Bill Clinton's decision to extend its most favoured nation trade privileges, but rejected what it called unwarranted charges of human rights violations. Foreign Ministry spokesman Wu Jianmin read a statement to reporters making it clear that while Beijing
    Reuter  -  253 words
  • Article
    Lock icon Revised US growth rate heightens inflation worries
    163 1 Bloomberg Business News, AFP WASHINGTON Rekindling fears of inflation in some quarters, the US government said yesterday the economy grew at 3 per cent in the first quarter, sharply higher than the 2.6 per cent initially estimated. The Commerce Department's second of three
    Bloomberg Business News,; AFP  -  163 words
  • Article, Illustration
    Lights go out at biggest nightspot in town
    410 1  -  By Quak Hiang Whai SINGAPORE The biggest entertainment nightspot in town has packed up, leaving Apollo Enterprises Ltd the daunting task of finding another major tenant for its flagship property at Havelock Road. The mega entertainment complex at the former Isetan department
    410 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones weakens
      56 1 Reuter NEW YORK Blue-chip stocks were stuck at lower levels in slack midday trading yesterday as interest waned ahead of the Memorial Day holiday. AT Ipm EDT, declines led advances 5-4 on light volume of 121 million shares. At 2pm EDT, the Dow Jones Industrial Average stood
      Reuter  -  56 words
    • Article
      Lock icon Footsie below 3,000
      77 1 Reuter LONDON Share prices in Britain continued to plunge yesterday. The key FTSE-100 index of leading shares closed at 2,966.4, down 53.3 points or 1.77 per cent on the day, breaking below the psycholog-ically-important 3,000 mark for the first time since Sep 23 last year. Dealers and
      Reuter  -  77 words
  • Article
    MARKET SUMMARY
    167 1 Stock market indicts iwinw nv% nniivw® Friday Chance STII 2,323.95 +8.75 KLSEComp 1,000.11 +3.06 Nikkei 20,777.16 +281.36 Hang Seng 9,470.13 -11.58 SET Index 1,383.57 +27.55 Jakarta Comp .504.97 +2.37 CLSA China B ....1,097.01 +41.78 Aust All Ord 2,102.2 +5.3 FTSE 100 2,966.4 -53.3 Friday Previous 2pm dose Dow
    167 words
  • Page 1 Advertisements
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon URA selling 13ha Bedok site to launch housing hub
      298 2  -  By Lilian Ang THE Urban Redevelopment Authority will sell a 13-ha site in Jalan Greja for residential development as part of a larger plan to transform the area into a housing hub. The site, near Bedok Methodist Church, will be sold
      Source: URA  -  298 words
    • Article
      Regional building to top US$1 trillion a year
      393 2  -  CIDB chairman tells of huge potential for Singapore firms By Abdul Hadhi REGIONAL construction demand is estimated at more than USSI trillion (551.54 trillion) annually for the next few years. Making this estimate at The Construction Forum yesterday, the Construction Industry Development
      393 words
    • Article, Illustration
      Chinese chamber seeks $5m to showcase villa's past
      204 2  -  Arthur Lee THE Singapore Chinese Chamber of Commerce and Industry hopes to raise S5 million to convert the Sun Yat Sen Villa in Tai Gin Road into a museum. Chamber president Kwek Leng Joo says about $1 million has already been raised
      204 words
    • Article, Illustration
      Lock icon French Embassy to push for stronger trade, investment ties
      398 2  -  By Juliette Walker THE French Embassy here launched a comprehensive action plan yesterday to boost its level of trade and investment in Singapore. French Ambassador Gerard Coste unveiled the threepronged plan to increase the level of corporate activity here, enhance long-term
      Source: Franch Trade Commission  -  398 words
    • Article
      S'pore to host telecom showcase
      144 2 FOUR concurrent exhibitions Communicasia94. BroadcastAsia94. NetworkAsia94 and MobileCommAsia94 here next week are set to leave their footprint on the regional communications industry. On Tuesday, the Minister of State for Finance and Communications. Teo Chee Hean, will open the exhibitions at the World Trade Centre. They
      144 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      210 2 j WEATHER Singapore: Showers over a few areas in the late morning and early afternoon. (Temperature range: 25-32). Asia-Pacific Hi/La* Cond. Europe Mi/la* Cand. Buenos A»es 19/15 Clow* Aockum 18/12 SWUM Amsterdam 19,tM Cloudy Cheap 32/14 Cloudy 34/26 Clear Athens 33/17 Clear Honofekj 29/24 Ooudy BeJJg 26/19 Cte* Ben.n 23/12
      210 words
    • Miscellaneous
      Page 2 Miscellaneous Column 2
      279 2 1 Pub's bill for sweet white r___^—— 4 Spectacles covering two 8 Section of vertebra pierced hBI"" 9 Our silly mistake is mislead- ~~"I 10 Row campanologists? (4-4) HI fefl M[ I Plain English, possibly, spo- BHL-— ken in Hindu kingdom (6) 12 I I I I 13 I P
      279 words
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  • THE REGION
    • Article
      Lock icon Robert Kuok group marketing Myanmar investment fund
      439 3 FT LONDON A Hongkongbased securities company controlled by Malaysian entrepreneur Robert Kuok is marketing the first listed investment fund targeted at Myanmar. The fund, intended to attract US$l (X) million (SSIS4 million) from institutional investors. is the latest indication of the ending of
      FT  -  439 words
    • Article, Illustration
      Lock icon Philippine court bans East Timor forum at university
      317 3 The Straits Times MANILA A court on Thursday issued a temporary restraining order directing that a controversial conference on East Timor not be held at the University of the Philippines. With that, another blow has been struck at the fortunes of the
      The Straits Times; AFP  -  317 words
    • Article
      HK govt to review the way it conducts land auctions
      423 3 HONGKONG The Hongkong government has said it will review the way it conducts land auctions after Hongkong's most powerful real estate developers joined forces to buy a site for a much lower-than-expected price yesterday. But Secretary for Planning, Environment and
      423 words
    • Article, Illustration
      Investors may bypass China and invest in Asean: Taipei official
      428 3  -  By Schutz Lee SINGAPORE Taiwan investors can afford to forgo opportunities in the vast and booming China market and invest instead in the more stable Asean countries, where they have pumped in some US$l5 billion (SS23 billion). Ihe new Taipei
      428 words
    • Article
      HK's GDP may have grown 5.5pc in first quarter
      346 3  -  From Lim Soon Neo in HONGKONG HONGKONG'S gross domestie product "probably grew by 5 per cent to 5.5 per cent" in the first quarter of this year based on current data, and growth for 1994 will be maintained at 5.5 per
      346 words
    • Article
      Lock icon Foreign investors warming to Myanmar, says minister
      242 3 AFP VANCiON Myanmar's economy is growing rapidly and foreigners are showing more confidence in the country's investment climate. David Abel. Minister for National Planning and Development, said on Thursday. Mr Abel said that 84 foreign companies from 16 countries had invested more than
      AFP  -  242 words
    • ASIA NOTES
      • Article
        Lock icon Marcos tried to launder gold: book
        111 3 ALP AUCKLAND An apparent attempt to launder gold bullion reputedly hidden b> former Philippine dietator Ferdinand Marcos via a bogus gold mine in the Cook Islands is revealed in a soon-to-be published book. Ihe Sationa/ Business Review said yesterday the author. Ray Smith, claimed
        ALP  -  111 words
      • Article
        Lock icon Japanese economy recovering: Mieno
        86 3 Bloomberg Business News TOKYO Signs of economic recovery are appearing in the Japanese economy. Bank of Japan governor Yasushi Mieno said yesterday. However. Mr Mieno said unemployment and the heavy debt burdens carried by many companies remain a concern. Unemployment will remain a problem as Japan's
        Bloomberg Business News  -  86 words
      • Article
        Lock icon M'sia seeks meeting to launch EAEC
        98 3 ALP KUALA LUMPUR Malaysia suggested yesterday that a proposed caucus of Last Asia's booming economies, long delayed by political bickering, kick oft* with a meeting of potential members, including China and Japan. "We have done enough talking about the EALC (the Last Asian Economic
        ALP  -  98 words
      • Article
        Lock icon S Korean economy up 8.8pc in 1st qtr
        103 3 Bloomberg Business News SLOUL South Korea's economy grew by 8.8 per cent in the first three months of this year on a yearly basis, up from 3.9 per cent for the same period of last year, the Bank of Korea said yesterday.
        Bloomberg Business News  -  103 words
      • Article
        Lock icon Hundreds hit by Air India strike
        98 3 Reuter BOMBAY A strike by Air India employees demanding higher allowances left hundreds of international passengers stranded at Indian airports, an airline spokesman said yesterday. An airline official said passengers were most affected in the country's commercial capital of Bombay, where Air India flights
        Reuter  -  98 words
      • Article
        Lock icon N Korean rules for free trade zone
        83 3 AFP TOKYO Cash-strapped North Korea unveiled yesterday regulations that will give foreigners fairly wide latitude in setting up enterprises and ports in its projected free trade /one. The Korean Central News Agency (KCNA). monitored here, said the North Korean administrative council had endorsed
        AFP  -  83 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      88 3 For 48 Hours, You Can Save This Much On Select Wines. VVk hi: and ski.i.incs ijvkh UK) casks oi wink i his wkkkknd at #()4-01 Wisma Athia. <: I ASSI< LA HI I S lIK I DOVIAIM I AKOCIII SYLVAIN lISS* lll(,l I I I lIIS ANI) SIMI ALI WITH
      88 words
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  • REGION/WORLD
    • Article
      Lock icon Greenspan leaves room for more interest rate rises
      512 4 Bloomberg Business News, Reuter WASHINGTON Federal Reserve Board chairman Alan Greenspan on Thursday left room for the Fed to push interest rates higher if needed. Appearing before the Senate Banking Committee, he said that while previous rate increases have "substantially removed" the
      Bloomberg Business News,; Reuter  -  512 words
    • Article
      Lock icon US puts security in front lines of Asian policy: official
      419 4 AFP BANGKOK With Washington's Asia-Pacific policies drawing criticism from leaders in this region for inconsistency, a visiting American diplomat has pledged that the United States will continue to emphasise its role in regional security. The US military presence in Asia
      AFP  -  419 words
    • Article
      Lock icon Bundesbank says cuts in repo rate will continue
      430 4 Reuter FRANKFURT Two Bundesbank board members yesterday made clear that cuts in the central bank's Lombard and discount rates might be on hold but reductions in Germany's most important money market rate were set to continue. Bundesbank president Hans Tietmeyer told German
      Reuter  -  430 words
    • Article, Illustration
      Lock icon Russia and China urge expanded trade ties
      197 4 AFP, AP BEIJING Russian Premier Viktor Chernomyrdin and Chinese leaders called here yesterday for expanded bilateral economic and trade ties, saying current levels of Sino-Russian cooperation were falling short of their potential. Mr Chernomyrdin held separate talks with Chinese counterpart Li Peng and
      AFP,; AP; Reuter  -  197 words
    • Article
      Lock icon Washington wins glass market access suit against Pilkington
      238 4 AP WASHINGTON Signalling a new tactic in the Clinton administration's trade policy, the Justice Department won a settlement on Thursday from a British company that keeps the company from preventing US competitors' doing business overseas. The antitrust suit against Pilkington pic, the
      AP  -  238 words
    • Article
      Lock icon Beijing's cure for state loss-makers: bankruptcy
      324 4 Reuter BLIJING China says it is determined to make its worst loss-making state enterprises swallow the bitter pill of bankruptcy this year after many faltering attempts. "Come hell or high water, we'll do it this year. We have to," a mid-ranking official ol the
      Reuter  -  324 words
    • WORLD WATCH
      • Article
        Lock icon US import prices up 0.8pc in April
        95 4 Bloomberg Business News WASHINGTON US import prices climbed 0.8 per cent in April, the largest increase in almost three-and-a-half years, as the cost of imported oil rose 4.5 per cent, the Labour Department said yesterday. The last time import prices gained more in
        Bloomberg Business News  -  95 words
      • Article
        Lock icon Japan still tops in overseas net assets
        100 4 AFP TOKYO Japan maintained the world's top position in overseas net assets for the third consecutive year in fiscal 1993, posting USS6II billion (***** billion), up 18.9 per cent from the preceding year, the government said yesterday. Net assets arc the balance after
        AFP  -  100 words
      • Article
        Lock icon US faces long-term joblessness
        74 4 Reuter WASHINGTON Even with an increasingly solid jobs expansion, the United States continues to face a serious problem of long-term unemployment. Labour Secretary Robert Reich said on Thursday. In a prepared testimony before the Senate Finance Committee. Mr Reich said the problem has developed because the
        Reuter  -  74 words
      • Article
        Lock icon Food production must treble: scientists
        116 4 AP WASHINGTON World food production may need to treble to feed the growing population, and a pair of scientists say mankind may lack the ability to raise crops on that scale. "A business-as-usual scenario points to looming shortages of food," said Massachusetts Institute of Technology
        AP  -  116 words
      • Article
        Lock icon Israel vows to keep Jerusalem from PLO
        71 4 Reuter JERUSALEM Israel, smarting from declarations by PLO head Yasser Arafat it says threaten future peace moves, vowed yesterday to prevent the PLO from creating national institutions in Jerusalem. Israeli media reported at week's end that the Palestine Liberation Organisation had prepared a
        Reuter  -  71 words
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1737 4 citj nw eta nw ctd_ at* no n» n» no_ ton RJ187 0130 HMphu MI931 2035 MI932 0920 Amsterdam SQ25 0630 KL844 0035 Haaoi VN741 1310 SQ176 1130 KL831 0935 KL838 2300 SQ175 1855 VN740 1410 SQ324 2345 Hatyal MI895 2300 M1896 1920 NZ21 1735 BA11
    1,737 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon HK officials welcome decision, but market goes its own way
      451 5  -  Reaction to China's MFN renewal From Lim Soon Neo in HONGKONG HONGKONG officials and economists hailed President Bill Clinton's decision to renew China's Most Favoured Nation (MFN) status without conditions. They predicted it would have a favourable impact on Hongkong's
      AFP  -  451 words
    • Article
      Lock icon Asian nations applaud Clinton's move
      404 5 AP HONGKONG US President Bill Clinton won applause from officials and business leaders in the region yesterday for severing the link between China's human rights conduct and its US trading privileges. The Taiwan government declined direct comment on the US decision but suggested that stronger
      AP  -  404 words
    • Article
      Lock icon US firms poised to close billion-dollar deals: US chamber
      426 5 Bloomberg Business News BEIJING US firms are poised to proceed with trade and investment contracts in China worth billions of dollars following Washington's decision to renew China's most favoured nation trade status, said Philip Carmichael, president of the American Chamber of
      Bloomberg Business News  -  426 words
    • Article
      Lock icon Fund managers play down impact on Chinese stocks
      386 5 Bloomberg Business News Reuter HONGKONG Fund managers do not expect foreign investors to pile into Chinese stocks just because the US has delinked trade relations from human rights. They argue that President Clinton's decision to renew China's Most Favoured Nation (MFN) trading
      Bloomberg Business News; Reuter  -  386 words
    • Article
      Move will ensure continued progress: S'pore investors
      373 5  -  By Schutz Lee SINGAPORE Chinas economy may have acquired its own momentum for growth now. but the renewal of its Most Favoured Nation trade status ensures its continued progress, said some Singapore investors in China. Most of them who spoke to BT yesterday
      373 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      671 5 W DEN DANSKE BANK BALANCE SHEET PROFIT AND LOSS ACCOUNT at December 31,1993 for the Accounting Year 1993 1993 1992 1993 1992 DKr 1.000 DKr 1.000 DKrl,OOO DKr 1,000 ASSETS INTEREST INCOME ETC Cash in hand and demand deposits wilh central banks, etc. 1,807,345 3.697.902 interest from credit institutions, etc.
      671 words
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  • COMPANIES & MARKETS
    • Article
      SIA may establish repairs facility in Philippines
      299 6  -  By Alec Almazan SINGAPORE Singapore International Airlines is looking into the feasibility of setting up a repair and maintenance facility in the Philippines. The areas being looked into are the former United States Clark air base, the former US naval base in Subic
      299 words
    • Article, Illustration
      SBS to add 300 new buses at cost of $86m
      289 6 SINGAPORE Singapore Bus Service (SBS) will spend $86 million to upgrade its bus fleet as part of its fleet renewal programme for the second-half of 1994. The company said yesterday that the expenditure would be for 300 new buses which
      289 words
    • Article
      Low Keng Huat pays A$28m for Sydney hotel
      217 6 SINGAPORE Listed construction and property group Low Keng Huat said yesterday that it had acquired The Rest Hotel in Sydney for As2B million (5531.6 million). The purchase of the Australian property was made through its subsidiary Vigor Investments Pte Ltd, which has
      217 words
    • Article
      Pacific Can lifts half-year earnings more than 6 times
      199 6 SINGAPORE Pacific Can Investment Holdings yesterday announced improved earnings and turnover for the half-year to March. After-tax profit was $349,000 more than six times higher than in the previous corresponding half on a 79 per cent rise in sales to $16.23
      199 words
    • Article
      It's time to ease rules on covered warrants
      708 6  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE According to the International Financing Review, 19 investment houses listed 59 Asian warrant products in the 12 months to March this year. Add to this SG Warburg's recent basket of covered warrants on the local
      708 words
    • Article
      SSL to launch Tanjong Rhu condo next week at $800 psf
      398 6  -  By Abdul Hadhi SINGAPORL Straits Steamship Land (SSL) is poised to launch its waterfront condominium project at Tanjong Rhu the 155-unit re-sort-style Casuarina Cove at around $800 per sq ft next week. Sources said the soft launch for the
      398 words
    • Article
      Lock icon Promet to complete M$200m work-in-hand this year
      214 6 MBT KUALA LUMPUR Promet Bhd expects to have Ms2oo million (S$ 118 million) of work-in-hand completed this financial year ending Dec 31 1994, with the balance Mss7 million to be completed in 1995. The group hopes to secure a healthy workload for 1994
      MBT  -  214 words
    • EYE on your STOCKS
      • Article
        Market mood
        19 6 For next week's expected market sentiment, see HI Sentiment Index on H1.4 (Personal Finance <t Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        157 6  -  By Paul Leo LIM KAH NGAM broke a major resistance at $2.85 on May 20 and rallied into uncharted territory. It reached an all-time high of $3.16 yesterday before ending at $3.06. Yesterday's volume was a strong 807,000 units four times more than the 10-day average of 192,000
        157 words
    • COMPANIES
      • Article
        Samanda to take 40pc stake in troubled Filipino bank
        403 7  -  From Ho Kay Tat in KUALA LUMPUR ADHESIVE tape-maker Samanda Holdings Bhd will plough up to MS7B million (Ss46 million) into a complex deal to take a 40 per cent stake and help rehabilitate an ailing government-owned Filipino bank. Announcing this
        403 words
      • Article
        Lock icon IJM unit acquires entire stake in concrete firm
        236 7 Bernama KUALA LUMPUR GR Concrete Sdn Bhd (GRC), a wholly-owned subsidiary of IJM Corporation Bhd, yesterday entered into an agreement to acquire the entire issued and paid up capital of Strong Mixed Concrete Sdn Bhd (SMC). IJM said in a statement the
        Bernama  -  236 words
      • Article
        DIVIDENDS ANNOUNCED
        1336 7 Payment Ex Books Pay date close date ABR Hldgs 5* F 9 Jun 29 Jul 5 Jul 15 Acma F 10 Jun 14 Jun 20 Jul S Boustcad SO* I 8.S Apr 22 May 7 Jun 6 B Kaya F S May 24 Jun 8 Jul 7 Cathay
        1,336 words
      • Article
        Lock icon Kumpulan Guthrie plans fibre board plant in Kedah
        217 7 Bernama KUALA LUMPUR Planta-tion-based Kumpulan Guthrie Bhd plans to build a medium density fibre board plant costing between MSI 10 million (SS6S million) and MS 140 million, its executive committee chairman, Abdul Khalid Ibrahim, said yesterday. He said work on the plant
        Bernama  -  217 words
      • Article, Illustration
        Lock icon Tan Chong to produce more car seats in China
        371 7 Bernama KUALA LUMPUR Tan Chong Motor Holdings Bhd, which has a manufacturing plant in China, plans to increase its production of car seats to 6,000 sets monthly beginning next year, managing director Tan Eng Soon said yesterday. Currently the Wuxi Cheng
        Bernama  -  371 words
      • Article
        Lock icon Phileo Assets to take over entire Linatex stake
        482 7 Bernama KUALA LUMPUR Linatex Process Rubber Berhad yesterday received a notice of takeover offer from Phileo Assets Sdn Bhd to acquire the entire stake in Linatex other than 31,848,184 ordinary shares already owned by Phileo Assets and its concerted parties. Bumiputera Merchant
        Bernama  -  482 words
      • Article
        Lock icon UEM rules out listing for PLUS this year
        264 7 Reuter KUALA LUMPUR United Engineers (Malaysia) Bhd (UEM) said it would wait until next year to seek a stock exchange listing for its Projek Lebuhraya Utara-Selantan Bhd (PLUS) subsidiary, operator of the North-South Expressway. PLUS completed construction of the 848 km highway
        Reuter  -  264 words
      • Article
        Lock icon MAS in danger of flying into the red
        254 7 AFP KUALA LUMPUR Malaysia Airlines, whose profits nosedived last year, has yet to see a significant improvement in its earnings, its top official said yesterday, amid speculation that the national carrier may sink into the red. "For the past three months, we
        AFP  -  254 words
      • COMPANY BRIEFS
        • Article
          Nongsa Marina seeks card access
          79 7 SINGAPORE Nongsa Point Marina will appl\ on behalf of its members to the Indonesian government for the use of the smart card to enter Batam. Ihis follows the Indonesian Immigration Department's launch of an electronic immigration system in the form ot a smart card for
          79 words
        • Article
          Hong Fok acquires new company
          62 7 SINGAPORE Property firm Hong Fok Corp Ltd said yesterday that the company has acquired a new firm called Crystal Ca> Ventures, based in the British Virgin Islands. Following the acquisition, the company will own one share in Crystal Cay while Hong Fok Nominees will own
          62 words
        • Article
          IFS appoints non-exec directors
          49 7 SINGAPORE International Factors Singapore said it has appointed Lim Jit Poh and Thomas Chua Boon Lee as non-exec-utive directors of the company. They will replace Lim How Teck and Naganatha Pillay. Also. Ng Ser Miang will replace Mr Lim as chairman of the audit committee.
          49 words
        • Article
          Harimau's NTA per share is at $2.60
          33 7 SINGAPORL Harimau Investments Ltd said yesterday that its net tangible asset backing per share, based on unaudited accounts as at April 30. was 52.60 per share.
          33 words
        • Article
          Lock icon Telekom in payphone venture
          97 7 Bernama KUALA LUMPUR Telekom Malaysia Bhd's wholly-owned subsidiary Telekom Payphone Sdn Bhd. has entered into a joint venture to set up a national payphone network. A Telekom statement said the joint venture would help widen the Telekom Malaysia's market base to include urban centres instead of
          Bernama  -  97 words
        • Article
          Lock icon Advanced Packaging makes debut
          100 7 Bernama KUALA LUMPUR Advanced Packaging Technology (M) Bhd yesterday made its debut on the Kuala Lumpur Stock Exchange Second Board with a 80 sen premium over its olYer price of M 52.20 per share. The counter opened at M 53.00 and closed at M 52.95 after
          Bernama  -  100 words
        • Article
          Lock icon Kretam's profit plunges 29pc
          81 7 Bernama KUALA LUMPUR Kretam Holdings Bhd has reported a 29 per cent drop in group pre-tax profit to MS 15.02 million (SSB.9 million) on the back of a 14.9 per cent fall in turnover to M 546.03 million for the year ended Dec 31. from the
          Bernama  -  81 words
      • Article
        UNIT TRUSTS & FUNDS
        541 7 UNIT TRUSTS FUNDS Managers' prices May 28 30 i s <ir fund 102 106" Singapore Unit Trust Invest Mgt Ltd The < ommcrec IW I 79\d n, un,J I he Savings fund 157 l« ImNind*- 10 5 1.05 Spore ■>><« fund 071 0 75 lined <.r Fund 70 l_77 Spore
        541 words
      • JAPANESE RESULTS
        • Article
          Lock icon NTT's net profit plunges 70pc
          92 8 AP TOKYO Nippon Telegraph and Telephone Corp, the world's second-largest telecommunications company, announced yesterday its net group profit plunged 70 per cent for the year ending March 31. NTT's net profit was 49.9 billion yen (*****.5 million), down 70.22 per cent from the previous year's
          AP  -  92 words
        • Article
          Lock icon Sharp's earnings fall 4.2pc
          71 8 AFP TOKYO Japanese electronics giant Sharp Corp said its consolidated pre-tax earnings dropped 4.2 per cent from a year earlier to 49.4 billion yen (*****.2 million) in the year to March. Ihe Osaka-based company said sales grew 0.8 per cent to 1.490 billion yen, supported by
          AFP  -  71 words
        • Article
          Lock icon Shiseido sees flat outlook
          105 8 AFP TOKYO Japanese cosmetics giant Shiseido Co Ltd said yesterday its group pre-tax earnings dropped 5.2 per cent to 33.5 billion yen (Ss4B9 million) in the year to March and forecast a flat performance this year. The world's third-biggest cosmetics manufacturer said global sales edged down
          AFP  -  105 words
      • Article
        Lock icon Japanese steelmakers lose more than US$1b
        277 8 AFP TOKYO Japan's five biggest steelmakers, buckling under the weight of a prolonged economic slowdown and a stronger yen, announced yesterday combined pre-tax losses of more than US$l billion (551.55 billion) for the year to March. Four of the companies NKK Corp, Sumitomo Metal
        AFP  -  277 words
      • Article
        Li Ka-shing group in $180m Fuzhou redevelopment project
        273 8  -  By Teh Hooi Ling SINGAPORL Li Kashing's Cheung Kong group is part of a joint venture that will carry out a SiBo million redevelopment and conservation project in Fuzhou, capital of China's Fujian province. Cheung Kong said in a statement yesterday that
        273 words
      • Article, Illustration
        Lock icon Cable & Wireless profit rises 19pc
        313 8 Cable Wireless profit rises 19pc Bloomberg Business News LONDON Cable Wireless pic reported a surprisingly robust 19 per cent rise in pretax profit for the year ended March 31, as sales increased in most divisions and subsidiaries of the British telecommunications giant. Aided by an unexpectedly strong performance by Mercury
        Bloomberg Business News; Reuter  -  313 words
      • Article
        Lock icon Computer Associates posts 63.5pc earnings gain
        167 8 NYT NliW YORK Computer Associates International Inc. the nation's second biggest software maker, on Thursday surprised Wall Street with higher than expected sales and earnings for its fiscal year and fourth quarter. Wall Street analysts applauded the performance, and shares of Computer Associates rose
        NYT  -  167 words
      • Article
        Lock icon India's Tisco net profit jumps 42pc
        199 8 KnightRidder BOMBAY The lata Iron and Steel Company (Tiseo). one of India's largest private seetor companies, has posted net profit of 1.8 billion rupees (5588.7 million) in financial year 1993-94 (April-March), up 42 per cent from 1.27 billion rupees in the year earlier. Sales
        Knight- Ridder  -  199 words
      • Article
        Lock icon Hotel group AAPC to seek Hongkong secondary listing
        309 8 Eastern Express HONGKONG Sydneylisted hotel group Aceor Asia Pacific Corp (AAPC) is putting together a prospectus to acquire a secondary listing on the Hongkong stock exchange late next month. AAPC (China) chief executive Roy Olsson said the group listed in Australia last
        Eastern Express  -  309 words
    • FINANCE & COMMODITIES
      • Article
        M'sian firms eyeing Eurobonds may face higher coupon rates
        437 9  -  From Ho Kay Tat in KUALA LUMPUR CASH-HUNGRY Malaysian firms queuing to tap the Eurobonds market will have to pay a higher coupon rate than last year to attract investors because of the dramatic change in market environment, an investment banker
        437 words
      • Article, Illustration
        Lock icon Croatian currency with Nazi past
        61 9 ZAGREB The new Croatian 200 kuna note, with a portrait of Stjepan Radic, a moderate Croat nationalist assassinated in the Yugoslav parliament in the late 1920s in Belgrade. The currency, with the same name as the currency used by the Nazi puppet regime in World
        Reuter  -  61 words
      • Article
        Lock icon Mutual fund investors coy about taking risk
        168 9 NYT NEW YORK Mutual fund investors seem to be growing less alarmed about the prospect of higher interest rates, and withdrawals from bond funds have slowed. But there are still only limited indications that investors are willing to risk more cash, fund company
        NYT  -  168 words
      • SMALL CHANGE
        • Article
          Lock icon Cagamas Notes oversubscribed
          93 9 Bernama KUALA LUMPUR Cagamas Berhad's 11th Cagamas Notes amounting to MS3SO million issued under the MS7OO million Revolving Notes Issuance Facility yesterday was oversubscribed by 2.75 times. In a statement here, Cagamas said only 31.1 per cent of the total bids received were successful. The highest yield
          Bernama  -  93 words
        • Article
          Lock icon Nuclear risk insurance pays
          76 9 Bloomberg Business News LONDON A Lloyd's of London underwriter who insures physical damage risk for western nuclear power stations posted Lloyd's largest profits in 1991, a year marked by a £2.05 billion (554.7 billion) market loss, the Financial Times reported. Lloyd's 1991 results indicate that 111
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Philippine banks' assets dip
          72 9 Reuter MANILA The combined assets of the 32 commercial banks in the Philippines fell to 779.5 billion pesos (5544.6 billion) as of March 31, compared with 780 billion the previous month. The Central Bank said while private commercial banks posted 5 billion peso gains during the
          Reuter  -  72 words
        • Article
          Lock icon ANZ to open office in Mexico City
          45 9 Reuter MELBOURNE Australia and New Zealand Banking Group Ltd said it will open a representative office in Mexico City within the next few months. The office will complement ANZ's existing Latin American operations in Brazil and Chile. Reuter
          Reuter  -  45 words
      • Article
        Lock icon Australia's NAB moves cautiously on Asian expansion
        284 9 Reuter SYDNEY National Australia Bank Ltd (NAB) is still looking at acquisitions but has no plans to get into the Asian retail market, chief executive Don Argus said. "If we try to build assets in Asia, we will be blown out of the
        Reuter  -  284 words
      • Article
        NTUC Income premium jumps 19pc
        233 9 SINGAPORE NTUC Income had 373,000 life insurance policies in force with an annual premium of 5243 million at the end of last year, its chairman, Ng Pock Too. said last night. Speaking at the annual general meeting of the insurance cooperative, Mr Ng said this
        233 words
      • Article
        Lock icon Arab oil reserves rise only slightly, but gas in 17pc surge
        353 10 KnightRidder ABU DHABI Arab states have not made any major oil discoveries over the past five years, but their gas reserves have jumped by nearly 17 per cent, an official report showed. Except for Libya, crude reserves in the
        Knight- Ridder  -  353 words
      • Article, Illustration
        Kuwait may offer share deal in oil exploration
        397 10 NEW YORK Kuwait, which nationalised its oil industry in 1975, might ofTer foreign companies a share in oil exploration and production by the end of this year, said the emirate's former oil minister, Ali Ahmed al-Baghli. "It is still in discussion, no
        397 words
      • Article, Illustration
        Bearish outlook for US$ against most units
        432 10 DBS weekly currency review LS$/Dm: bears returning? The US dollar consolidated between 1.6388 and 1.6570 this week and was trading around 1.6480 yesterday morning. Strong support remains at 1.6320 and a breach of this level would be required to see bears return. Below
        432 words
      • Article
        Lock icon Rains send Sarawak logging industry into a spin
        250 10 AFP KUALA LUMPUR Tim-ber-rich Malaysia's log exports are under threat by persistent bad weather which has hampered felling operations in Sarawak state on Borneo, industry officials said. Four months of heavy rain have slashed production and exports were ccrtain to be hit.
        AFP  -  250 words
      • Article
        Lock icon Mobil's chemical unit restructured to cut costs
        224 10 Bloomberg Business News FAIRFAX, Virginia Mobil Chemical Co has reorganised its plastics marketing and manufacturing sectors as part of a major restructuring programme to increase profitability. Mobil has centralised the two functions into one national business unit, from its previous Five-region structure. The
        Bloomberg Business News  -  224 words
      • Article
        Lock icon HSBC's first quarter profit up from year ago: chairman
        195 10 Bloomberg Business News LONDON Banking group HSBC Moldings pic increased pre-tax profit in the first quarter from the year-earlier period, said chairman William Purves. The London-based parent of Hongkong Shanghai Banking Corp. Midland Bank pic in Britain and Marine Midland Bank
        Bloomberg Business News  -  195 words
      • Article
        Lock icon India to step up sugar import as shortfall, prices worsen
        259 10 AFP NEW DELHI India will import 850.000 tonnes of sugar to alleviate shortages and lower prices. Kood Minister Kalpanath Rai said yesterday. Mr Rai told domestics news agencies after a meeting with Prime Minister P V Narasimha Rao late Thursday
        AFP  -  259 words
      • Article
        Lock icon London
        178 10 Bloomberg Business News LONDON The dollar slipped against the deutsche mark and yen as US economic growth estimates were revised higher and as Federal Reserve Chairman Alan Greenspan said he's concerned about recent dollar weakness. Speaking to a Senate Banking Committee, Mr Greenspan left the door open for further
        Bloomberg Business News  -  178 words
      • Article
        Crude oil futures prices recover before holiday
        172 10 Bloomberg ENERGY REPORT LONDON Crude oil futures rose in London and New York yesterday as strength returned to the market after a week of declining futures prices. "It's a technical move ahead of the long weekend. Local traders tried and failed to push
        172 words
      • Article
        Lock icon New York
        83 10 AFP NEW YORK The dollar rose against other major currencies here early yesterday in moderately active trading after an unexpected upward revision of first-quarter US economic growth, but was limited by a bond sellotT. At about 9:30 am (1330 GMT), the dollar traded at 1.6502 marks, up from
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1620 10 liaUe-Mfighinl index luUvJaled against S'ptwr's tup 14 trading partners Base year I9Bf US$/S$ forward rates Noon May 27 s$ Bid Offer t-month 1.5354 1.5369 2-month 1.5351 1 5366 3-month 1.5346 1 5361 6-month 1.5337 1.5357 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 27 Singapore dollars to
        1,620 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar edges up ahead of US data
        1338 11 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar and Euroycn futures close steady in light trade yesterday. Dealers said Eurodollars firmed ahead of the second estimate of first quarter US growth late last night. Dealers said Eurodollars are not expected to move much ahead of
        Reuter  -  1,338 words
      • Article
        Crude palm oil market ends higher
        608 11 COMMODITY REPORTS Palm oil THE crude palm oil physical market closed higher in quiet trading yesterday, supported by India's purchase of the commodity. Dealers said the State Trading Corp took 6,000 tonnes of RBD palm olein for its July shipment and another 6,000 tonnes
        608 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China revising rules on gold and silver
          135 11 HONGKONG China's central bank has begun revising existing laws governing gold and silver as a first step to setting up a national precious metals market, the Beijing-backed Hen H'et Ho newspaper reported yesterday. The central People's Bank of China already has begun drafting
          135 words
        • Article
          Thai coffee consumption tipped to rise
          100 11 BANGKOK Domestic Thai consumption of robusta coffee should rise 25 per cent in 1995 to 15,000 tonnes from an expected 12,000 this year, cutting into export availability, industry sources say. The increased domestic consumption comes amid government efforts to cut coffee output by 10
          100 words
        • Article
          Japan's rolled aluminium output up
          54 11 TOKYO Japan's total production of rolled aluminium rose to a preliminary 196,774 tonnes in April, up 3.3 per cent from a year before, according to figures released yesterday by the Japan Aluminium Federation. April shipments of rolled aluminium rose to 193,922 tonnes, up 3 per
          54 words
        • Article
          CME full membership at record price
          70 11 CHICAGO A full membership on the Chicago Mercantile Exchange on Thursday sold for a record U*****,000 (551.17 million), up US$2O,OOO from a sale earlier that day. Seats are now offered at U*****,000. A full seat allows the holder to trade any of the exchange's
          70 words
    • Article
      COMMODITY PRICES
      1457 11 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun~94 150 50 125 Jul 150.00 149 00 150 00 850 2925 Aug 149.00 149 00 149 00 200 1300 Sep 147.00 147.00 147.75 400
      1,457 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1195 12 5.3 THE Australian share market closed firmer following a late spurt of blue chip bargain limiting. brokers said. I he All Ordinaries Index ended up 5.3 points at 2.1012. after falling to 2.0X6.1 in inulsession trade. Brokers said the market was encouraged by a sharp rise in National Australia
        1,195 words
      • Article
        Manila
        613 12 -10.07 Philippine share prices fell by 0.34 per cent, a development some shrugged ofl but which others said could indicate investors were amassing funds for the coming initial public offerings. I'radcrs said they could see no immediate effect ot the renewal of I S trade privileges for lima on
        613 words
      • Article
        Taipei
        588 12 -45.59 Late profit-taking in industrials pulled Taiwan share prices to a lower close, and hrokers said a further consolidation was likely. I he index wavered narrowly during the session until the late selling pushed it to end down 45.59 points or 0.78 per cent to 5.806.77. Turnover rose to
        588 words
      • Article
        Seoul
        399 12 3.1 Stocks closed slightly higher across the board after investors switched their interests swiftly from one sector to another, bro- kers said. I lie composite slock index added 3.1 points to 953.86 hut most primary blue chips underwent correction. Growing anticipation of robust first quarter business performances helped boost
        399 words
      • Article
        New Zealand
        311 12 +8.88 New Zealand shares ended higher with trading again dominated by forester Carter Holt Harvey following its annual profit announcement on Wednesday. Volume was valued at an unusually low NZ$lB.l6 million. ahead of holidays in the United States and Britain on Monday. The New Zealand Top 40 share
        311 words
      • Article
        Bombay
        59 12 51.95 Share prices mainly in the A group ended with gains on buying by speculators and mutual funds in a trading session shortened to 90 minutes from the usual two hours, brokers said. The Bombay Stock Exchange 30-share index gained 51.95 points to a provisional 3.789.95. The 100-share national
        59 words
    • WORLD STOCK MARKETS
      • Article
        London
        694 12 -53.3 THE main UK share index plunged to a nine-month low yesterday as reports of fast economic growth fueled concern that UK and US interest rates will rise sooner than expected. The FT-SE 100 Index fell 53.3 points to 2.966.4. down 4.9 per cent on the week and its
        694 words
      • Article
        Paris
        114 12 -41.22 French stocks tumbled as signs of a strong US economy raised the specter of inflation and higher interest rates there. The CAC-40 Index of leading French stocks fell 41.22 points to 2,050.67. pulled lower by financial stocks and tumbling shares of industrial company Schneider SA. Paris MB 27
        114 words
      • Article
        Stockholm
        101 12 4.56 Swedish shares rose as concerns about interest rates subsided. Shares however fell from the day's highs as investors squared positions ahead of a long weekend in the UK and the US. traders said. Selling had come mainly from overseas investors. The OMX Index of 30 leading stocks rose
        101 words
      • Article
        Frankfurt
        211 12 -30.33 German stocks capped off a week of heavy losses with a late-afternoon plunge as US ?;rowth figures rekindled ears of surging inflation and rising interest rates. Ihe DAX Index of 30 leading German shares dropped to 2.110.66 points. 30.33 below the Moor-trad-ing close. I hat amounted to a
        211 words
      • Article
        Brussels
        167 12 -12.68 Belgian stocks fell after the US announced stronger-than-expected growth figures. fueling fears of further interest rate rises across the Atlantic, analysts said. Ihe Bcl-20 index of leading shares fell 12.68 points to close at 1.491.88. \round 317,000 shares changed hands. Bond prices in Belgium also fell, reflecting the
        167 words
      • Article
        Milan
        142 12 -214 Italian stocks fell 1.81 per cent tor the day and 5.92 per cent for the week as investors watched a wave of new rights issues come into the market. Investors' concerns about the new Italian government's economic policies did not help stocks. The Milan market's Mibtel Index of
        142 words
      • Article
        Amsterdam
        258 12 -3.11 Dutch stocks closed lower as bond prices in the US fell and the dollar weakened amid concerns about fastertha n-ex pect ed econom i c growth. In the Dutch bond market. the 30-year. 7.5 per cent government bond fell 0.15 point to 99 to yield 7.6 per cent.
        258 words
      • Article
        Zurich
        270 12 23.3 Swiss stocks in the core blue-chip index rose as bct-ter-than-expeeled inflation figures removed some inter-est-rate worries, traders said. I he Swiss Market Index. or SMI. which tracks the top 21 blue-chip stocks, gained 23.3 points to 2.712.5 points, with 15 stocks rising, one un- changed and five falling.
        270 words
      • Article
        Johannesburg
        272 12 -28 The Johannesburg Stock Exchange closed in a Hat mood ahead of the weekend although nibbling bargain hunters lifted selected shares off morning lows. The overall index ended eight points oft" at 5,382, the industrial index was 28 points lower at 6,569 and the gold index shed seven points
        272 words
      • Article
        Toronto
        275 12 -12.55 Stocks fell in moderate midday dealings yesterday as slight profit-taking pulled down blue-chip shares that had posted solid gains on Thursday, traders said. The TSE 300 composite index dropped 12.55 points to 4.318.16 in turnover of 29.52 million shares valued at C 5395 million. Declines led advances 272
        275 words
      • Article
        New York
        732 12 -2.77 Blue-chip stocks were stuck at lower levels in slack midday trading yesterday as interest waned ahead of the Memorial Day holiday. Ihe Dow Jones Industrial Average was down 2.77 points at 3.750.69 at 1 pm EDT. In the broad market. declines led advances 5-4 on light volume
        732 words
      • Article
        Untitled
        737 12 Britannia Funds Sterling Cash Bid < MTer Mim Cap Deposit 1* WOO 3HM10 Mini Jerses (nil 0 1*13 O IW Mim Max Income ..0 4M0 1 0000 USt Cash Income Plus Fund *****0 *****0 PS Reserve Fund 5 2500 5 2600 Sterling K«|oil> Euro Perfoi mance 0 JW2 O WJJ
        737 words
    • Article, Illustration
      Lock icon HONGKONG
      3231 13 Bloomberg Business News HONGKONG Stocks were mixed following President Clinton's announcement on Thursday that the United States has renewed China's most-fa-voured-nation trading status. Reactions by investors to the move were also mixed. "Although it is expected, it is still a satisfactory outcome, and Hongkong is not always a perfect
      Bloomberg Business News; Source: Bridge Info  -  3,231 words
    • Article, Illustration
      Lock icon CHINA
      532 13 CLSA THE renewal of China's MFN status sent the Shanghai B market surging 4.7 per cent yesterday, with turnover doubling to US$ll.B million. Overseas buying was seen across the board. All traded counters recorded gains, except for Lian Hua Fibre which remained unchanged. Jin Jiang Tower was the most
      CLSA  -  532 words
    • Article, Illustration
      Lock icon TOKYO
      2612 13 Bloomberg Business News TOKYO Stocks rallied to an eight-month high as earnings from leading electronics companies suggested the industry is pulling out of a four-year slump, traders said. The rally spread to other Japanese blue-chip stocks including automakers and steel manufacturers that have lagged the Japanese stock market during
      Bloomberg Business News; Source: Bridge Info  -  2,612 words
    • Article, Illustration
      Lock icon BANGKOK
      1887 13 Bloomberg Business News BANGKOK Thai stocks rose 2.04 per cent as investors spotlighted Siam Cement for the second straight day following Thursday's strong earnings report. The Stock Exchange of Thailand composite index was up 27.55 points to 1,383.57, with advancers leading decliners 221 to 94. A total of 8.5
      Bloomberg Business News; Source: Bridge Info  -  1,887 words
    • Article, Illustration
      Lock icon JAKARTA
      1150 13 Bloomberg Business News JAKARTA Indonesian stocks rose for the 1 Ith straight day as company earnings continued to beat expectations. The Jakarta Stock Exchange Composite Index rose 2.37 points, or 0.47 per cent, to 504.97. Trading totalled 22.99 million shares worth 106.62 billion rupiah, compared to Thursday's 116.590 billion
      Bloomberg Business News; Source: Bridge Info  -  1,150 words
    • Article
      CLOB INTERNATIONAL
      2889 14 MOST ACTIVE volume Mulpha Inll 50c 4.141.000 Idns H\d 50c 2.206.000 Kcnong Bhd 50c I 4V6 .000 kjirtuntmg 50c 1.265.000 I'romcl U029.000 Lien Hoe 1SK97 8«>l (ianda Hldgs 778 0110 F U B Stk 610.000 kemavan 50c 673.000 Labor Cm>up 645.000 Bcrja>a Ind 628.000 IniKncsl Bhd 578.000 Asia
      2,889 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise as stronger ringgit boosts sentiment
        5939 14 Bloomberg Business News KUALA LUMPUR Shares rose as investors, heartened by a stronger domestic currency and signs the government will successfully check inflation, bid up prices of stocks considered bargains, traders said. The benchmark Composite Index rose 3.06 points, or 0.31 per cent,
        Bloomberg Business News; Source: Bridge Info  -  5,939 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7459 15 I MAIN BOARD Transaction date: May 27 Cf Cc 1994 Lart Vol Day Last Qao* Div Db VH Nrt M Cam lli«li Low Coapaay Safe (tM) High Low Bayer Srikf Cn P/E Wl INDUSTRIAL AND CWUMtBCML 1440 865 is Acma 910 cd f30 203 910 890 910 915 17.5 2.1
        7,459 words
      • Article, Illustration
        Lock icon US rate uncertainty keeps investors sidelined
        1896 16  -  By R Sivanithy SINGAPORE Share prices yesterday closed the week stronger, with US interest rate uncertainty keeping activity to a minimum. In thin trading, the Straits Times Industrials Index gained 8.75 points to 2,323.95. Gainers on the main board and Clob outnumbered losers by
        Charts by Bridge Info; Source: Bloomberg  -  1,896 words
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      178 6 NEWS VALUE Ilou today's mcmv might affect your stocks US renews China's MFN t delinks human rights (pg I) Positive for the regional bourses. Non-renewal would have been highly disruptive for business. Ng Teng Fong raises YHS stake to 16.75 pc (pg l) Note that the average price paid by
      178 words
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      101 7 fc,. Yes, even in lis Vietnam TNQaq g you can ft m* still read our f latest news. Available at: Omni Saigon Tel: *****3 Saigon Floating Tel: *****3 Rex Hotel Tel: *****5 New World Hotel Saigon Tel: *****0 Palace Hotel Tel: *****0 Century Saigon Hotel Te1:*****8 Caravelle Hotel Tel: *****5
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  • SHIPS IN PORT
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      AT CONVENTIONAL WHARVES
      610 8 Vtsstl Voy Wo Berth frriva) Departure Vessel Voy No Berth Arrival JDepartwe Jurong Port Robert eu* ib/98* poi alongside 2/*****0 Batam Bare B325 ill alongside 28 05/2300 Robert E Lee WA450* P01 atongs.de 2705/2300 Cattei Eicefence 1-09 J12 alongside 28 05/1500 Sumber Ma,u *****4 P01A alongside 2805/2300
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      CONTAINER SCHEDULES
      2075 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Au Jade 188* 29/0500 IB 21/1500 III 1659 21 1900 3 ?8 0/00 *****9 2* 1400 4 28; 1200 28 1459
      2,075 words
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      344 9 Singapore Computer Technologies Systems Limited industrial ANNOUNCEMENT PROPOSED ACQUISITION OF 5% SHARES BY SINGAPORE TECHNOLOGIES VENTURE PTE LTD IN SCS AUSTRALIA PTY LTD AND SCS NEW ZEALAND LIMITED Singapore Technologies Ventures Pte Ltd ("STV"), a related company of Singapore Computer Systems Limited ("SCS") has indicated its interest to subscribe for
      344 words
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      Page 9 Advertisements Column 2
      551 9 22 PACIFIC CAN INVESTMENT HOLDINGS LIMITED 1111 (Incorporated m the Republic of Singapore) Pacific Can ANNOUNCEMENT UNAUDITED RESULTS FOR SIX MONTHS ENDED 31 MARCH 1994 The directors of Pacific Can Investment Holdings Limited are pleased to announce the unaudited interim results of the Group and of the Company for the
      551 words
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      37 11 Saw an ad of a house that you may like to own? Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OassME^ An SPH AudloTn S•rv I C
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      Page 11 Advertisements Column 2
      39 11 As and when the latest Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies fir Markets. Everyday.
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      145 12 II Please tell me more about the Philips Pocket Memo (model 597) and Dictation System (model 670). j NOW YOUR MEETINGS WILL NEVER END IN MID N Company i ai to: Philips Singapore Pte Ltd, Consumer Products Division, I Lorong I Toa Payoh, Singapore 1231.Te1: 350 2519, fax: 253 5774.
      145 words
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      50 13 ACTAL NEUTRALISES STOMACH ACID. UMMC »i Actal neutralises stomach acid, giving quick relief from stomach discomfort, f 1 a Qtfri iNr 9 as tric pain, indiges- relieves gastric pain, I U 1- 1 1 HEARTBURN AND UPSET STOMACH t j f \r Health tion and heartburn. It- :m z 2
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      55 14 rift W\ f rTI BusinessTimcs Business Times Business Times MMOVASM Subscribe now and have your personal copy delivered to your doorstep. Name: Age: Mail or fax this form to: AddressCustomer Relations Section Circulation Department Postal Code* Singapore Press Holdings Limited •82 Genting Lane 1 News Centre-Singapore .334 Tel: 1800-749 2577
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      4 14 Monday in Business Times
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      39 15 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving quick relief from stomach discomfort, 3 i FAST-ACmG ANTACID Jk Sterling gastric pain, indiges- t i Health tion and heartburn. f 2 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
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      22 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 PLAY SMART Be part of the good life. Lifestyle. Everyday. SINGAPORE m Business Times WE KNOW ASIA
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      Page 16 Advertisements Column 2
      155 16 LOST CERTIFICATES The following certificates for ordinary shares have been reported lost, mislaid or destroyed No. of Nama of Company Cert. Wo. In the Nime of Shir— Bukil Sembawang *****2 Dorothy Maud 350 Estates Limited Arkwrigtt Marco Polo *****592 Tan Loo Mei 1,000 Developments Ltd *****077 Vadivetoo Jaganathan 1,000 Tat
      155 words
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  • ISEAS Trends
    • Article, Illustration
      A Sino-lndian economic race?
      1415 17  -  J Mohan Malik puts a new perspective on Chinese and Indian economic trends, while casting an eye on their regional impact J Mohan Malik l)r J Mohan \lalik is a Lecturer in defence studies in the School of Australian and International Studies, Faculty of. Iris. Deakin
      1,415 words
    • Article, Illustration
      Natural limits will constrain China's future
      1264 17  -  Environmental and natural constrains have been neglected by economists forecasting China's future. Thomas Hart throws light on the issue Thomas Hart Professor ihomas (i Hart is Director ot the C enter lor Pacific hut Studies. Stoi kholm L niversitv. Sweden THERE are various ways
      1,264 words
    • Article, Illustration
      The 'New News' edges out responsible news
      2104 18  -  Yeap Soon Beng looks at the precipitous descent of the journalistic profession into a lurid and trivial abyss Yeap Soon Beng Dr Yeap Soon Beng is a Lecturer in the School of Communication Studies. Nanvang Technological University. PRESS freedom is one of those
      2,104 words
    • Article, Illustration
      Balancing work and family life
      843 18  -  In this the International Year of the Family, Myrna Blake proposes some alternative ways to organise the often conflicting worlds of work and the family Myrna Blake /)r Myrna Make is a Senior Ixxturer in the Department of StK ial II ork anil Psychology. Motional
      843 words
    • Article
      ISEAS to look at Apec's prospects
      151 18 THE Institute of Southeast Asian Studies will be holding a two-day closed-door workshop on June 20-21 to discuss the future of the Asia-Pacific Economic Cooperation (Apec) grouping. This workshop, to be held at the ANA Hotel, Singapore, will bring scholarly minds to bear on
      151 words
    • Article
      Renovating Hanoi's armed forces
      139 18 A FIRST detailed study of the ehanges affecting the Vietnamese military under doi moi (renovation) has just been published by the Institute of Southeast Asian Studies. It is written by Dr Carlyle Thayer, an Associate Professor in the Department of Politics at the Australian Defence Force
      139 words
    • Article, Illustration
      KL and Canberra as sparring partners
      920 19  -  There are striking parallels in the Malaysian and Australia approach to regional foreign policy initiatives. David Camroux explains why David Camroux l)r David Camroux i\ Isuniah' Research Fellow at the Centre d eludes el de recherehes Internationales fCHRI). Tarts ON April 8 this year.
      920 words
    • Article, Illustration
      Apartheid and the failure of race
      947 19  -  Diana Wong reflects on the final dismantlement of a policy that for more than 40 years stood for racial bigotry Diana Wong Dr Diana ll'ong is a Fellow of tfu Institute of Southeast Asian Studies. £4r-piH.\NK God it's all I over!" Ilm editorial -M.
      947 words
    • Article, Illustration
      Regional implications of Malaysia's new North-South Highway
      1277 19  -  Chandran Jeshurun looks at how a new road link is having an impact on Thailand, Malaysia and Singapore Chandran Jeshurun l)r hand ran Jeshunm is a Senior fellow at the Institute ot Southeast Asian Studies The transformation of Asian societies in the wake
      1,277 words
    • Article, Illustration
      N Korea: sanctions or negotiations?
      1040 20  -  James Cotton looks at options Washington has in derailing North Korea's nuclear weapons ambitions James Cotton Dr James Cotton is Professor of Political Science. University of Tasmania. Hobart. Australia. THE prospect of the US pushing for concrete sanctions against North Korea is looming. From the
      1,040 words
    • Article
      Preparing Thailand for the 21st century
      1292 20  -  Increasing educational levels of an ageing population will be one of the major challenges Thailand will face early next century. Rittaporn Itti examines the issue Rittaporn Itti Dr Rittaporn Itti is the Principal Research Scientist. Superconductivity Research iMboratorv. International Superconductivity Technology Center, Japan. HUMAN
      1,292 words
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      The Philippines charts a course for NIC-hood
      1143 20  -  Temario C Rivera sets out the various steps the Ramos administration needs to take in attaining its economic vision "Philippines 2000" Temario C Rivera Dr Temario C Rivera is head of the Department of Political Science. University of the Philippines, and is currently
      1,143 words
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      96 18 The Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern South-east Asia, particularly the many-faceted problems of stability and security, economic development, and political and social change. The Institute is governed by
      96 words
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  • Executive Lifestyle
    • Article, Illustration
      Wooing the smart shopper
      1514 21  -  Two discount stores opened their doors recently but will the concept catch on among Singaporeans? Corinne Kerk reports Corinne Kerk SINGAPORE, by all accounts, can be considered a shopping paradise. In fact, with the countless upmarket shopping centres and department stores of all shapes, sizes and
      1,514 words
    • STRAWS IN THE WIND
      • Article
        The spiel goes on
        67 21 THE family feud at Yeo Hiap Seng may eontinue, but business goes on as usual. One reporter who tried to phone Alan Yeo dialled the company's main line and got this recorded message: "If you want to order drinks, please call XXX." For two minutes, it
        67 words
      • Article
        New title holder
        30 21 IN THE newsroom, we have reporters, editors, etc. But we weren't quite prepared for this press release which addressed one of our journalists as "Press Release Chief'.
        30 words
      • Article
        Improper talk
        50 21 TALK about modern parents. One such couple decided to teach their four-year-old the proper names for body parts and functions. Not for them cutesy phrases like "wee-wee". However, they regretted this when one day at a party, the child said in front of everyone: "Mommy, my vagina's itchy."
        50 words
      • Article
        No time to meet?
        45 21 MPs have "meet the people sessions", but what about teachers? When a reporter tried to contact her vice-principal friend, she was told she was at a "meet the parents" session. At this rate, when do people get to meet their friends?
        45 words
    • OPINIONS
      • Article, Illustration
        High time Uncle Sam stopped being a bully boy
        908 22  -  With free trade the prevailing ethos of the new world order, Gopal Panicker says other countries should not have to pay a price for US shortcomings Gopal Panicker The writer is a BT Foreign Desk journalist IF THE Clinton administration doesn't
        908 words
      • Article
        A Russian time bomb ticking away
        1158 22  -  John Helmer finds Moscow fearful of tackling the serious jobless situation head on John Helmer The writer is Hi's Moscow CCorrespondent FOR every kilometre you drive east of Moscow, heading into central Russia and the Urals, the fuse on Russia's unemployment bomb grows shorter,
        1,158 words
      • Article, Illustration
        It'll take some doing bringing back the Liberals' golden age
        1064 22  -  Brian Gomez says Alexander Downer's chances hinge on his persuading Australians that he can manage the economy better Brian Gomez The writer is based in Sydney EVER sincc Malcolm Fraser was beaten at the 1983 polls by former Labor prime
        1,064 words
      • Article
        Why so long to process share certificates?
        141 22  -  LETTER TO TH E EDITOR Dennis Distant COMPANY registrars take up to 15 "market" days to issue share certificates upon exercise of the related TSRs (warrants) and the Central Depository Pte Ltd takes another 17 "market" days to credit the shareholder's account where
        141 words
    • VIEWPOINT
      • Article, Illustration
        Never too old for a fresh start
        2328 23  -  the raffles Tconv^Tl^ Antoine Riboud single-handedly transformed a small family-owned firm into one of the world's biggest food companies. S N Vasuki finds out his strategy for growth and how the French conglomerate, Groupe BSN, plans to beat the current recession in Europe
        2,328 words
      • Article
        'If you lose your culture, you lose a part of your soul'
        733 23 ANTOINE RIBOUD was in Paris when he heard the news that the Berlin Wall was on its way down. Within hours the BSN chairman had winged his way to Berlin to get a ring-side view of history. Also
        733 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          Lock icon BT SENTIMENT INDEX (May 30-June 3)
          569 24 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, Baring Securities. Daiwa Securities. G K (Joh. Kay Hian James Capel. Kim Eng Securities. Morgan Grenfell Asia Securities. OCBC Investment Research. Ong Co, Peregrine Securities. Phillip Securities. Smith
          Source: Bridge Info  -  569 words
        • Article, Illustration
          In my opinion...
          168 24  -  Rajesh K Singh Risk management executive (Asia Pacific) The Chase Manhattan Private Bank, Chase Manhattan Bank, NA r I 1 he defensive use I of derivatives is .A. taking off in Asia and to ensure it is not destroyed in mid-flight, investors, providers and regulators should play
          168 words
      • Article, Illustration
        Lock icon Fund managers, analysts scale back targets for ST Industrials Index
        1618 24  -  The forecast is now 2,588 compared with the previous average of 2,652. Agnes Chen reports Agnes Chen Taking the bull by the horns, some analysts have sized up the negatives holding stock prices down and lowered their earlier predictions of
        Source: Bloomberg  -  1,618 words
      • Article, Illustration
        Lock icon A general election rally in M'sia not in the charts
        754 24  -  History shows that such a rally in the stock market seldom occurs, reports Joyce Quek Joyce Quek SO YOU'RE looking forward to a pre or post general election market rally in Malaysia. Well, don't hold your breath waiting. A chart
        Source: Smith New Court  -  754 words
      • Article, Illustration
        Make a bundle Comfort-ably
        1147 25  -  ctrxrv \A/ATri-i. By Dexter Lee THE word is out. Get your hands on Comfort Group shares and make a bundle. Subscribe at 70 cents a share and sell at up to $1. It's money in the pocket! That about sums up market sentiment for the taxi
        1,147 words
      • Article, Illustration
        Lock icon Growing pie in food and beverage
        721 25  -  Joyce Quek on the prospects of five listed Singapore food companies Joyce Quek THE FOOD and beverage (F&B) sector has had a good run since early 1993 on the back of a widening regional profile, asset re-rating and situational excitement, for example, the Yeo
        Source: Nomura Research Institute (S)  -  721 words
      • Article
        banks
        721 25 Deposit amount l-wk l-mth 3-mth 6-mth Deposit amount l-wk l-mth 3-mth 6-mth Bank of China NZ25.000 S49.999 4.3750 4.6250 4.8750 A$ 10.000 49.999 99 3 0000 3.9375 3.9375 3.9375 f'JJJ® "JS 4.3125 4.3750 4.6250 50.000 Above 3 0000 4.0625 4.0625 4.0625 £25.000 £49.000 4.3750 4 4375 4.6875 nmk sir
        721 words
      • Article, Illustration
        Daily turnover stays thin despite market rally as speculators stay away
        640 25  -  CHART By Najeeb Jarhom The writer is research manager of Fraser Securities A SURE sign that investors should not chase shares during rallies is when volumes are getting thinner accompanied by poor breadth figures even as the Straits Times
        640 words
    • Article, Illustration
      Yuppie slapstick
      862 26  -  Cinema Review by JAIME EE ON AN aesthetic level, The Hudsucker Proxy appears to have a lot going for it with its stylish, stark sets and an Orwellian approach to decor the higher up you are in life, the bigger your office furniture is. You could call the
      862 words
    • Article, Illustration
      Fun that's good for the soul
      509 26  -  By J- JAIME EE WITHOUT a doubt, Robin Williams will set the box-office on fire with the typical man-in-a-dress kind of humour found in Mrs Doubtfire. The film certainly has all the right elements. Firstly, it's a politically correct movie that preaches family values
      509 words
    • Article, Illustration
      Close encounters of the spooky kind Close encounters of the spooky kind
      1236 26  -  Fancy meeting a ghost? Audrey Perera reports on some that wander across the Australian landscape Audrey Perera The writer is a freelance journalist OLD places often come with more than antique furniture. That's right, sometimes they come with
      1,236 words
    • Article, Illustration
      Sounds from another age
      532 27  -  CD Review by SHAHIRON SAHARI TRAFFIC: Far From Home STEVE Winwood, the cruel jab went, is so boring that he often sounds as though he is singing straight out of the Oxford English Language Dictionary. That statement, joke or no joke, is at the very least,
      532 words
    • Article, Illustration
      Western technique, Asian spirit
      1022 27  -  Kang Shi Xue on the works of two artists which offer a modern look into aspects of Chinese tradition and beliefs Kang Shi Xue The writer is a freelance journalist UR technique is Western, I but our spirit is Asian." That, in a nutshell, is how
      1,022 words
    • PEOPLE
      • Article, Illustration
        Stepping out in Shanghai style
        179 28 THE LADIES came in their cheongsam and feathered stoles. But the men were not outshone some were game enough to put on the traditional qipao and berets to bring back memories of Shanghai in the *****. Even the decorations, backdrop and entertainment that night at
        179 words
    • TIME OFF
      • Article, Illustration
        Lock icon A bebop legend lives up to his title
        840 29  -  James Moody performs for one final night tonight. Shahiron Sahari says no true jazz fan should let the opportunity slip away Shahiron Sahari IT IS time, perhaps, for the true jazz fans to let themselves be counted. A real heavyweight is in
        Photo by Arthur Lee  -  840 words
      • Article
        SINGAPORE ARTS FESTIVAL
        607 29 The bi-annual event this year promises to be bigger, better, faster and more than previous festivals with over a hundred groups and solo artistes performing. Till July 3. Counter sales for all ticketed shows are on at all Ticket Charge outlets. Call 296-2929. NOTE: all shows start
        607 words
      • Article, Illustration
        ARTS FESTIVAL FRINGE
        1348 29 This year's fringe events bring together more than 100 Singaporean as well as international artistes. It features special items like late night performances. displays and a Concert in the Park. Performances are free unless otherwise stated. Till Jim 12. Season passes are sold out: counter sales for
        1,348 words
      • Article
        PERFORMANCES
        149 29 The Flying Karamazov Brothers The world renowned comedy/theatre/juggling troupe will swing this way. literally, for a few days and put up performances designed to renew your faith in the dexterity of the human body. June 16 and 17: ,Spm: June Iff. 3pm and Hpm: June 19. Ipm and spm.
        149 words
      • Article
        CONCERTS
        106 29 Rainbow in the Square Organised by Camp Rainbow a group which helps terminally ill children: and sponsored by Grandhome. Takashimaya and Radio Heart, this concert will be hosted by TV personality and host of "Live on 5", Gurmit Singh, and will feature performances by local bands AWOL, Radioactive. Krueger
        106 words
      • Article
        FILMS
        45 29 Star Seekers Take a journey to the stars and go beyond space to the edge of the universe. See how space probes, telescopes and satellites are being used to explore the heavens. I(kim and 3pm at the Planetarium. Singapore Stience Centre. Closed on Mondays.
        45 words
      • Article, Illustration
        EXHIBITIONS
        640 29 The 13th LaSalle-SIA College Diploma Show Called Wanted Two. this exhibition highlights works of the students in interior, jewellery and product design. Today and tomorrow, lOam to 7pm at the Mount bat ten Campus. W Goixlman R(Xid. Admission is free. Human-Bition An exhibition by Hongkong artist Kendal Yim. whose
        640 words
      • Article
        TALKS
        208 29 Women Planning for the Golden Years Organised by the PAP Women's Wing, this public forum has a twofold objective: one. to prepare women for old age: and two. to deal with the issues connected with Singapore's greying population. Toilay, 2pm to 5 pm at the Holiday Inn Parkview, fee:
        208 words
      • Article
        MISCELLANEOUS
        65 29 Malam Pujaan Ku A special variety show to round off the Hari Rava Haji celebrations. Artistes like M'steen. Noraaiza Idris and Poppy Mercury will provide the bulk of the show, as well as Wahid Satay and Vlahadi Shor. two local artistes who will provide comic relief. Today. 7.30pm at
        65 words
      • Article
        AT THE SUBSTATION
        158 29 Painting for Beginners Basic practical course on semi-and-pure abstract painting by John Lini. Every Fhursday till July 7, 7pm to Vpm at Classroom I Fee' SI 50 per person. Film Appreciation Talks Held on alternate Saturda\s. Conducted by Ann Yen. film director, producer and editor. She was
        158 words
      • Article
        TICKETING
        127 29  -  Compiled by Christopher Toh Sistic outlets are at Forum Galleria. Liang Court. Raffles City, Scotts. Specialists' Centre, Takashimaya. Cold Storage at Jelita, Promenade and World Trade Centre, and at the Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at Metro stores. W isma Atria. Centrepoint and Fangs. Hotline: 269-2929.
        127 words
    • EPICURE
      • Article, Illustration
        Currying favour with curry lovers
        754 30  -  Bon Appetit by TAN SU YEN A COLLEAGUE heard that the food at Andhra Curry was explosive in its fierincss. When I passed this bit of trivia on to a chilli-loving friend, she grabbed her handbag and said: "Let's go." So off we marched, to
        754 words
      • Article, Illustration
        A new influence at Wang Jiang Lou
        440 30  -  By JAIME EE SAD news Wang Jiang Lou has lost chef Sam Leong. the man who brought his own individual touch to the Cantonese/Teoehew style of cooking that made us such fans of this six-month-old restaurant at Clarke Quay. But along with the
        440 words
      • Article, Illustration
        Biondi-Santi: where the difference is striking
        754 30  -  Wine By N K YONG BEFORE visiting the BiondiSanti vineyard, I had gone to taste the 1988 Brunellos of Poggio Antico, Castelgiocondo and II Poggione, whose vineyards lie on the southern face of Montalcino, a medieval fortress town 46 km south of Siena, Italy.
        754 words
    • Article, Illustration
      CINEMA
      1045 32 Ace Ventura Pet Detective. Rub-ber-faced Jim Carrey investigates when the dolphin mascot of the Miami football team is abducted. Lido: 10.45; 1.15; 3.45; 6.30; 9. Chant>i: 7; 9.15. Jurong: 3.30. Yishun: 11; 12.55; 2.50; 7.15; 9.15. Bishan: 10.10; 12.15; 2.20; 9.30. Pavilion: 10.35. Woodlands: 1.15; 5.15 9.15. A Dangerous
      1,045 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      163 21 piii leonq rimwcc OBOQ Available dtluu*dr SINGAPORE Bahama Mm Stop 455 Orchard Road. *02-42/43/44. Wbma Aim. Singapore 0923. Td: 733 7113. 391 Orchard Road. •0110 Takaihinuya Shopping Centre, Singapore 0923. T<± 739 1283. Burbrrrri Thip Ti i p DAIMARU DPS Orchard tSETAN Orchard MEN'S CORNER TAKASHIMAYA DEPT STORE NAN HEN
      163 words
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  • Page 22 Advertisements
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      107 22 J??a i don't T>me uml INV£_ST£D Sor^ obove +he and [V Pou)CR TOOLS Rodqe bui»d«ng fha? Btocrfihi OR TH£ JOC3S GCXTitfG V-— —p fSoofl-'Oldma -to |M J i ill Gentry]art vogueTf Vpfc II discontented- i, K t <S 7P\ ttapfrt BilSI&ll 11= 1 inn =J r-| V-' 11 B~l| J
      107 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      75 27 t\ Singapore# nn Business Times WE KNOW ASA Batam: 1 11 TJ Commercial Strmctt has landed: Ttl *****2/3 Fmx:*****2 to >—<£, TiL^nt^^S^ o3so M /nes; c/o Republic Conner Strict, lmc. VmtG-4 tad G-5 Grtad Fir Fir Cotdomimm RmkSt.Ugazfim^e TrimU7B2&3FL: (2)******1 Thailand: 136 N* Xmmi koodoff SuxtkorH Koto Hood Tokyo: V
      75 words
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  • SPORTS
    • Article
      Lock icon Sampras, Graf advance; Krajicek, Muster out
      352 28 French Open AP. PARIS Top seeds Pete Sampras and Steffi Graf moved on yesterday to the fourth round of the French Open, but Mary Joe Fernandez, the women's runner-up last year, was upset by Romanian Irina Spirlea. Three other seeds No 11 Thomas Muster,
      AP.  -  352 words
    • Article, Illustration
      Lock icon Krickstein, Agenor come out on top
      511 28 AP PARIS They are two of the most durable pros on the tour, around for a decade, rarely taking the spotlight. But Aaron Krickstein and Ronald Agenor, thanks to their staying power, earned a bit of second-round glory at the French Open on Thursday.
      AP; AFP  -  511 words
    • Article
      Lock icon Ewing has the winning knack for Knicks
      429 28 1994 NBA playoffs AFP NEW YORK Defence and Patrick Ewing did it again for the New York Knicks. Ewing made all four of his shots and scored 10 points during an 18-2 second-half blitz that lifted the Knicks to an 89-78 victory on
      AFP  -  429 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        40 28 NEW YORK Major 1 hursdav American: Detroit 5 California 7; Kansas City 3 Texas I; Boston 13 Cleveland 5. National: Pittsburgh II NY 10 (in 13); San Diego 3 SF 5; Colorado 4 Cincinnati 14; Atlanta 5 Houston 8.
        40 words
      • Article, Illustration
        Lock icon Basketball
        129 28 AFP EAST RUTHERFORD, New Jersey Chuck Daly, who coached the US Dream Team at the Barcelona Olympics, resigned on Thursday as coach of the New Jersey Nets NBA team. Daly had one year left on his three-year. USS4 million coaching contract, and said he would stay with the club
        AFP  -  129 words
      • Article, Illustration
        Lock icon Golf
        195 28 Reuter AFP FORI WORTH, Texas Spring storms created havoc on the PGA Tour on Thursday, washing out play at the Colonial tournament. More than half the field even got on the course at the Colonial Country club course at Fort Worth. No one in the 110-man field completed play
        Reuter; AFP  -  195 words
      • Article, Illustration
        Lock icon Motor-racing
        216 28 Reuter Reuter INDIANAPOLIS, Indiana Defending champion Emerson Fittipaldi of Brazil predicts that this Sunday's Indy 500 Mile Race will be the most competitive ever, but the other drivers are picking him to win again. The two-time Indy winner is one of three Roger Penske drivers who will have cars
        Reuter  -  216 words
      • Article, Illustration
        Lock icon Olympics
        101 28 AFP SYDNEY Another bid by China to host the Olympics would be enthusiastically welcomed by the International Olympic Committee. lOC president Juan Antonio Samaranch made clear yesterday. Samaranch. here on a three-day inspection tour of preparations for the 2000 Games for which Sydney defeated Beijing last September, said lOC
        AFP  -  101 words
      • Article, Illustration
        Lock icon Rugby
        116 28 AFP JOHANNESBURG England has made only one change to the team that lost 21-6 to Natal to do duty against Transvaal at Ellis Park here today. Fullback Paul Hull comes in for David Pears, whose tour ended in injury. Captain Will Carling. who dislocated a thumb in llv. match
        AFP  -  116 words
      • Article, Illustration
        Tennis
        234 28 PARIS US$B.5 million French Open seeded players 3rd Kd Friday Men: Pete Sampras (US xl) b Paul Haarhuis (Hoi) 6-1 6-4 6-1. Andrei Medvedev (Ukr x 4) b Greg Kuscdski (Can) 2-6 6-3 6-4 3-6 6-2. Jim Courier. (US x 7) b Jonas Bjorkman 6-3 6-1 6-1. Patrick Rafter
        234 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      123 28 ADVERTISEMENT RnrinegSniTire/KENWOOD GOLFING TIPS By BRETT BRASiER PROFESSIONAL GOLFER rj»y Qjalrfiec Menbe' Of 53G A s Dip in Got* Management Knowing how far you hit each club VJv* 2 can knock many shots off your \-5 I/A score.... So, next time you are on the 14 1/ f course and
      123 words
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      Page 31 Advertisements Column 1
      911 31 Business 1 imes, Weekend Edition, May 28-29 1994 Noll ling Beats A Bud. H tciyfl where t w|ne ,ne and entertain OF fit Cafe Carousel JSafe A Hl|| HBH 200 Orchard Boulevard BCBSSB&&B Singapore 1024 Te1:737 2911 ILiiT ea& £osUon U Now at MOON PAVILION CHINESE RESTAURANT (Mezzanine Floor) Our
      911 words
    • Advertisement
      Page 31 Advertisements Column 2
      318 31 rajj-= =1^ fancy 'Be.ijing? 7Hen, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian tin 'Beijing dumplings, a selection of set menus, and 'Beijing specialities such as 'Beijing 'Due Tench and !Marinated Lamb, fancy some nowT I Of/la/?(6wn IS
      318 words
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      2485 32 TODAY'S TV 430 Su P« rst#rs 01 Actkm 6.45 TV Concert Wang Jit S.lO Snoopy, The Musician. 5.00 American Gladiators. Montana, 2pm, SBC 6.00 World Wrestling Fedora- Gena 6.30pm, SBC Won Superstars. Crcnna 1990 moil- Kumar 5 crn Western a couple caught whipping up a royal Bengal l nd i
      2,485 words