The Business Times, 24 December 1994

Microfilm: NL19754
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times MHA(P) 194/12/94 Weekend Edition, December 24-25 1994 WE KNOW ASIA 75 c
    14 words
  • Article
    Festive cheer lifts revenues for hotels, travel agents
    631 1  -  Major outlets report big jump in spending on year-end holidays, parties By A J Leow, Michelle Low SINGAPORE Hotels and travel agents here have reason to cheer this festive season, even as retail sales appear to have remained subdued. Hoteliers contacted by
    631 words
  • Article, Illustration
    Lock icon Regional markets end lower in yuletide lull
    147 1 SINGAPORE Regional stocks ended the week on a quiet note yesterday, with prices closing generally lower in thin volume. In Singapore, the Straits Times Industrials Index finished the day 0.3 of a point off at 2,219.29, after trading in a narrow seven-point band.
    Source: Bridge Info  -  147 words
  • 2am LATEST
    • Article
      Lock icon Dow up 28 in year-end rally
      81 1 Reuter NEW YORK Bluc-chip stocks rackcd up gains for the third day in a row yesterday, boosted by positive news about the economy and the on-going wave of traditional year-end buying. The Dow Jones industrial average was up 28.27 points at 3,843.19 at Ipm
      Reuter  -  81 words
    • Article
      Lock icon Office properties in lead
      55 1 Bloomberg Business News EMERYVILLE, California The US real estate market has a new, unlikely King of the Mill. Eor the first time in at least two years, office properties arc leading the real estate recovery, says a quarterly study by National Real Estate Index, which tracks
      Bloomberg Business News  -  55 words
  • Article
    Average prime rate expected to hit 7.25% by end-1995, says NatWest
    431 1  -  By Quak Hiang Whai SINGAPORE Local interest rates will climb further, with the average prime rate expected to reach 7.25 per cent by the end of next year. National Westminster Bank says in its latest quarterly economic report. The
    431 words
  • Article
    Lock icon US consumer spending, factory orders up in November
    386 1 Bloomberg Business News WASHINGTON Americans cranked up their spending another notch in November, boosting consumer spending by 0.6 per cent at the start of the Christmas sales season. Commerce Department figures showed yesterday. In another sign of the economy's strength, a separate
    Bloomberg Business News  -  386 words
  • Article
    Lock icon Compaq overtakes IBM as No 1 PC shipper
    265 1 Bloomberg Business News ERAMINGHAM, Massachusetts Compaq Computer Corp is expected to ship the most personal computers worldwide in 1994, knocking International Business Machines Corp from the No I position for the first time, according to market research firm International Data Corp. Compaq,
    Bloomberg Business News  -  265 words
  • Article, Illustration
    DBS Securities sets its sights on CPF share buyers
    603 1  -  By Amy Balan SINGAPORE Following its decision this year to take in remisiers for the first time to service retail clients, DBS securities is offering a research product aimed at the private investor. The broking firm will mail its maiden issue
    603 words
  • Article
    MARKET SUMMARY
    167 1 Stock market indices Friday Change STII 2.219.29 -0 30 KLSEComp 988 87 -5.47 Nikkei closcd Hang Seng 8.311.88 -100.78 SET Index. 1.361.35 -2.95 Jakarta Comp 466.73 -2.56 CLSA China B 905.03 -6.86 Aust All Ord 1.909.3 fl.l FTSE 100 3.083.4 -8.3 Friday Previous I pm EST close Dow
    167 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      23 1 Readers* wish-lists: el I JP§ What we want for Christmas v jt~ 1 I-.:' m" Ki l C v* JJMN 8 ftll! IlliJ
      23 words
    • Advertisement
      Page 1 Advertisements Column 2
      41 1 Stocks: el 3 /<y Mr Bull and the Miars~ Quite simply the Royal Oak. ap Audemars Piguet The master watchmakers. Regional Agent: AUDEMARS PIGUET SINGAPORE PRIVATE LIMITED. 250 North Bridge Road #15-03 Raffles City Tower Singapore 0617. Td: *****13/*****53 Fax: *****01.
      41 words
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      Page 1 Advertisements Column 3
      7 1 rmkrket Watch: pg 5 Ptmbects for KLSE
      7 words
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      Page 1 Advertisements Column 4
      40 1 _?=%{;&-*{[&&*_)=[-|\`]&/_`:-<] I CONTENTS N«n Companies Spore News 2 S pore-Mw 5.6 Regional News 14 Financial M World News 4 Markets Features Ctob/KlSt. StS 1214 a 45 Regional 10 -Q* World 10 Sports EL4 Currwaes J TV Radw ELI6 Sme, Commo 9
      40 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Intel apologises for flawed chip, promises replacement
      401 2  -  By David Mok US COMPUTER chip giant Intel has placed advertisements in local and regional newspapers apologising to irate customers who bought computers containing its flawed Pentium chip. In a full-page ad in Thursday's Straits Times, it assured owners of the faulty chip
      401 words
    • Article
      TAS awards first tracking licence to S'pore-US venture
      306 2  -  By Juliette Walker THE Telecommunication Authority of Singapore (TAS) yesterday awarded a Singa-pore-US joint venture the first licence to provide a highly accurate tracking system Pinpoint South East Asia, a venture between NTUC Voice Co-Operative Society and CUE Network Corp, won the
      306 words
    • Article, Illustration
      Lock icon 1994 inflation rate likely to be in 3.8-4% range
      306 2  -  By Ven Sreenivasan THE inflation rate for 1994 is likely to be between 3.8 per cent and 4 per cent, judging by the latest monthly figures released by the Department of Statistics. The Consumer Price Index (CPI) for November was up
      Source: Dept of Statistics  -  306 words
    • Article
      PUB budgets $1.46b for projects in '95
      309 2 THE Public Utilities Board will spend about $1.46 billion next year on development projects. PUB said yesterday the capital expenditure would lift its total investment in property, plant and equipment to $14.19 billion. As in previous years, the bulk of spending about $1.18
      309 words
    • Article
      Fat salaries for legal counsel? It's only a myth
      264 2  -  LETTERS TO THE EDITOR Sng Hwee Lee I REFER to the article "Legal Scholars Don't Chase Dollars" in the Dec 22 issue of BT. I am a full time legal counsel with an international bank, with 10 years of working experience.
      264 words
    • Article
      Enough managerial talent for home plus second wing: Cheow Tong
      209 2 SINGAPORE has a ready supply of managers and professionals to support the domestic economy and its rapidly growing second wing, says the Minister for Trade and Industry. Yeo Cheow Tong. "While there are some managers abroad, Singapore companies are. on
      209 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      277 2 SINGAPORE f BusmcssTimes WE KNOW ASIA HIDDEN WORDS GAME Are you familiar with stocks, unit trusts, commodities or currencies? From now to 29 December 1994, we will be running different hidden word games. Take this challenge... and this slick remote- control wall radio with sleep timer can beyoursFßEE! In today's
      277 words
    • Advertisement
      Page 2 Advertisements Column 2
      27 2 •BI welcomes letter* from >ou. I'lt-ase address litem lo: The Kditor. Business I imes. 390 kirn Seng Rd. S pore 0923. Letters should include >our contact numbers.
      27 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      379 2 1 WEATHER Singapore: Showers over a few areas m the afternoon. Temperature (24-32' C). tate-Pacttc W/U* Cnd. braga Cm*. Buenos Aw* 31/14 Ooj<* Auckland 20/13 Cloudy Amsterdam 05/-! Cloudy Crtcago 07/-I CtoxJy 32/22 Cloudy Athens 14/12 Clou* HonoUu 29/22 Cloud* BeM -4/-I0 Cloudy Bert* 03/1 Cloudy Houston 17/11 Cloudy Bombay
      379 words
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  • THE REGION
    • Article
      Lock icon Higher demand seen boosting Japan's electronics output
      478 3 Bloomberg Business News TOKYO Production by Japan's electronics companies will rise by 2 per cent next year as improving world economies spur demand for electronics products, an industry association said here on Thursday. The Electronic Industries Association of Japan (EIAJ), which represents 600
      Bloomberg Business News  -  478 words
    • Article, Illustration
      Lock icon Cambodian sweepstakes
      62 3 AFP PHNOM PENH The Cambodian government is all out to clean up the streets of its capital, Phnom Penh. Cleaners were out in full force sweeping a dusty boulevard in the city yesterday to mark the country's first 'Keep Phnom Penh Clean' campaign. The country's two prime ministers.
      AFP  -  62 words
    • Article
      China, HK agree to link settlement systems to operate in real time
      403 3  -  From Lim Soon Neo in HONGKONG HONGKONG and China have agreed in principle to link their two payment systems a strategic move that will enable the British colony to benefit from China's development, the chief executive of the
      403 words
    • Article, Illustration
      Lock icon Kim Young Sam keeps most of his economic team in cabinet shake-up
      260 3 Reuter SEOUL South Korean President Kim Young Sam retained most of his top economic planners in a major cabinet shake-up yesterday, a move that maintains current economic policies, analysts said. The highlight of the reorganisation is the merger
      Reuter  -  260 words
    • Article
      Lock icon Yen loan to China excludes bullet train project
      198 3 Bloomberg Business News TOKYO Japan's 580 billion yen (558.46 billion) loan to China will not cover the cost of financing a plan to build a bullet train system between Beijing and Shanghai, said a Japanese foreign ministry official on Thursday. Japan had
      Bloomberg Business News  -  198 words
    • Article
      Lock icon China accuses US copyright negotiator of being bogeyman
      254 3 AFP BEIJING China launched a fierce attack yesterday on Washington's chief copyright negotiator, calling him a "bogeyman" whose "meddling" posture was fully to blame for last week's breakdown of talks. "The bogeyman preventing agreement in the area of intellectual property rights (IPR)
      AFP  -  254 words
    • Article
      Japanese corporate profits up 29%, but sales rising slowly
      184 3  -  From Anthony Rowley in TOKYO CORPORATE profits in Japan rose by 29 per cent on average in the July-September quarter, compared with the corresponding period in 1993. the ministry of finance said yesterday. This was the first improvement in four years,
      184 words
    • Article
      Lock icon Taiwan to privatise 10 more state firms next year: officials
      264 3 AFP TAIPEI Taiwan will privatise another 10 state-run enterprises in 1995 as part of its privatisation policy and liberalisation effort, economic officials said yesterday. The cabinet on Thursday approved a comprehensive national economic planning package for next year. Under the
      AFP  -  264 words
    • ASIA NOTES
      • Article
        Lock icon HK's retail sales up 5% in October
        89 3 Bloomberg Business News HONGKONG The territory's retail sales rose 5 per eent in October in inflation-adjusted terms from October 1993 mainly due to soaring sales of clothing and footwear and consumer durable goods. The value of retail sales, before adjusting for inflation, rose
        Bloomberg Business News  -  89 words
      • Article
        Lock icon Secrecy provision upsets ICAC member
        106 3 Bloomberg Business News HONGKONG A special committee reviewing the sweeping powers of the Independent Commission Against Corruption (ICAC) has recommended few major changes, prompting incensed opposition from one committee member. ICAC officials work under cover, which prohibits anyone from disclosing publicly that an investigation is
        Bloomberg Business News  -  106 words
      • Article, Illustration
        Lock icon The shape of trains to come
        52 3 AFP HAMAMATSU, Japan A prototype of Japan's next generation "bullet train" being unveiled at Japan Railway Co's factory in Hamamatsu on Thursday. The train, codenamed 30GX, theoretically can reach speeds of up to 450 kph. It will be used for tests on high-speed train
        AFP  -  52 words
      • Article
        Lock icon M'sia suspends plywood levy
        62 3 Bernama KUALA LUMPUR The export levy of MS4O (5522.80) per cubic metre of utility plywood will be temporarily suspended from today, says Primary Industries Minister Lim Keng Yaik. In a statement issued here yesterday, he said the imposition of the export levy had helped to ensure
        Bernama  -  62 words
      • Article
        Lock icon Jakarta may ban dictionary over error
        77 3 AP JAKARTA, Indonesia Indonesia may ban the American Heritage College Dictionary for allegedly discrediting the government and President Suharto, an official said yesterday. The dictionary is being examined by the attorney general's office "over some misleading information presented by the editor", said Chainil Imam,
        AP  -  77 words
    • Article
      Lock icon Proposed Kra Isthmus link for oil transport too costly, says study
      371 3 MBT KUALA LUMPUR The proposed overland links across the Kra Isthmus purely for transporting oil may not be viable. A study has shown that it will be too costly, will not save time and will not substantially reduce traffic
      MBT  -  371 words
    • Article
      Lock icon Australia to phase out wood chip exports to save native forests
      409 3 Bloomberg Business News CANBERRA Prime Minister Paul Keating, moving to placate conservation groups, on Thursday announced a timetable for phasing out exports of wood chips by the turn of the century. Australia's major markets for wood chips are Taiwan
      Bloomberg Business News  -  409 words
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  • REGION/WORLD
    • Article, Illustration
      Lock icon Army split shakes Yeltsin's Chechnya campaign as Duma urges peace talks
      486 4 Reuter. AFP MOSCOW Open splits in the Russian army over the invasion of secessionist Chechnya have aggravated the isolation of President Boris Yeltsin, whose policy is under fire from advisers and MPs and widely unpopular with the public. Disagreement
      Reuter.; AFP; Reuter  -  486 words
    • Article
      Lock icon Ex-Banesto head remanded in custody on criminal charges
      354 4 Reuter MADRID Former Bancsto chairman Mario Conde, Spain's most famous businessman and one of its most powerful, was remanded in custody yesterday on criminal charges arising from the collapse of the bank a year ago. Court officials said investigating judge Manuel Garcia
      Reuter  -  354 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1746 4 atj Flight ETA n& aty nw ETA ETP Mm Dhabi GA976 0010 Dhaka SQ420 2030 Amman RJ187 0100 Dubai SQ417 0630 EK79 0015 Amsterdam KL838 0001 EK7 1650 2210 SO?5 06.1t on 194 O-JV) 5Q428 Z32U KL837 1540 KL838 2335 Frankfurt SQ327 1530 QF5 2220 Auckland
      1,746 words
    • Article
      Lock icon Mexican peso crisis seen taking toll on economy
      289 4 Reuter, AFP MEXICO CITY The Mexican government's decision to devalue the currency and let it float has put in jeopardy President Ernesto Zedillo's promise of strong economic growth, analysts say. Mexican analysts seem to agree that the decision to devalue the peso
      Reuter,; AFP  -  289 words
    • Article
      Lock icon EU reaches accord on fishing rights
      284 4 Reuter BRUSSELS The European Union, overriding British objections. agreed on a deal on fishing rights on Thursday, removing the last barrier to Austria, Finland and Sweden joining the bloc on Jan I. Spain had threatened to hold up the entry of the three countries
      Reuter  -  284 words
    • Article
      Lock icon Bosnians, Serbs agree on temporary ceasefire starting today: UN
      312 4 AP SARAJEVO The Bosnian government and Serb rebels agreed on a temporary ceasefire to take effect at noon today, but deep differences between the two sides remain, the United Nations announced yesterday. The ceasefire, the latest in a series of truces
      AP  -  312 words
    • Article
      Lock icon S'pore firms in US$300m Viet project
      167 4 Reuter HANOI Five Singaporean companies and a local firm are planning a big tourist complex near the central highlands resort city of Dalat, official sources said yesterday. The Tuoi Tre (Youth) newspaper in Ho Chi Minh City said investment in the project would total
      Reuter  -  167 words
    • WORLD WATCH
      • Article
        Lock icon Officials deny Hurd will stand down
        115 4 Reuter LONDON British officials dismissed as speculation a press report that Foreign Secretary Douglas Hurd would stand down as a minister next year in frustration at the ruling Conservative party's split over the European Union. The right-wing Daily Telegraph newspaper reported yesterday that Mr
        Reuter  -  115 words
      • Article, Illustration
        Lock icon Singing carols to keep warm
        46 4 Reuter LONDON A beggar singing Christmas carols in front of a discarded Christmas tree which he decorated with empty beer cans on Thursday. As Christmas approaches and temperatures drop, concern is increasing for homeless people facing life on the streets. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Preliminary nod for Russian budget
        66 4 Reuter MOSCOW Russia's State Duma, the Lower Chamber of Parliament, gave preliminary approval yesterday to a draft 1995 budget, but a senior government official warned that the main battles over spending plans lay ahead. After repeated votes failed to muster support, deputies finally voted in
        Reuter  -  66 words
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  • COMPANIES & MARKETS
    • Article
      CWT plans $70m loan stock rights, 1-for-1 bonus shares
      327 5  -  By Quak Hiang Whai SINGAPORE Main boardlisted CWT Distribution Ltd yesterday announced plans to raise about $70 million through a rights issue of unsecured loan stock with 30 million detachable warrants. The warehouse operator also sweetened the announcement with a one-for-two
      327 words
    • Article, Illustration
      YHSM sale may have been opposed by big M'sian shareholders
      420 5 SINGAPORE The sale of the Malaysia-listed Yeo Hiap Seng (M) was opposed by some powerful Malaysian shareholders, suggests a statement sent to the Stock Exchange of Singapore (SES) last night. The statement, from Singa-pore-listed Yeo Hiap Seng Ltd (YHS), was
      420 words
    • Article
      Liang Court Regency in Shanghai joint venture
      258 5  -  By Chew Farn Chyi SINGAPORE Liang Court's Regency serviced apartment chain has entered into a joint venture with China's Yong Ye Real Estate Stock Company to build a block of 260 luxury apartments in Shanghai. Liang Court will take a 72 per cent
      258 words
    • Article
      Metalock interim earnings up 8.6%
      215 5 SINGAPORE Metalock (Singapore) Ltd lifted its net profit for the six months to Sep 30, 1994, by 8.6 per cent to $480,000 despite difficult market conditions in the marine industry. Turnover for the marine engineering group rose 10.5 per cent to $12.9 million from $11.67
      215 words
    • Article
      Brokers divided on prospects for KLSE in '95
      577 5  -  MARKET WATCH By Ruth Wong KUALA LUMPUR While the broking industry is divided on the direetion of the benchmark Kuala Lumpur Composite Index for the first quarter of 1995, they seem to agree on one thing: select your stocks. There is no
      577 words
    • Article
      Goldtron plans $70m issue of convertible bonds
      270 5  -  By William Chia SINGAPORE Sesdaqlistcd electronics company Goldtron Ltd has proposed a $70 million unsecured convertible bond issue with a coupon rate of 6.75 per cent due in the year 2000. Goldtron said yesterday the purpose of the issue was to raise medium-term
      270 words
    • Article
      Osprey orders two tankers, takes option on another four
      197 5 SINGAPORE Osprey Maritime Ltd has ordered two new product tankers and signed an option for another four similar vessels from a South Korean shipyard. The listed shipowner said yesterday that the tankers cost about US$3l million (5545.35 million). One will be
      197 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 5 Firm Market Mood indicates the likely trading sentiment next week, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Baring. Daiwa. Fraser. OK Goti. Kay llian. Morgan Orenjell. OngCo. Nomura. Phillip. Smith New Court. W'/ Carr and SO Warburg.
        47 words
      • Article, Illustration
        HOT STOCK
        115 5  -  Quak Hiang Whai MULPHA International has already reached overbought point in the short term and some resistance may come in soon, probably nearer $2. The daily RSI has reached the highest point in four months, suggesting some selling may come. But as a medium term buy, the stock
        115 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          OUB opens Bangkok unit on Jan 3
          61 6 SINGAPORE Overseas Union Bank's new Bangkok International Banking Facility (BIBF) will commence operations on Jan 3. It will work closely with the Singapore office in arranging loan syndication for customers in Thailand, OUB said. The BIBF, upgraded from a representative office, offers a
          61 words
        • Article
          Chuan Hup vice-chairman sells stake
          82 6 SINGAPORE Chuan Hup Holdings vice-chairman Peh Kwce Tee had ceased to be a substantial shareholder in the company, Chuan Hup said. Mr Peh had sold all his shares in Envi Holdings, which owns almost 20 per cent of Chuan Hup. He sold out to the
          82 words
        • Article
          Lock icon YTL bonus issue approved
          56 6 Reuter KUALA LUMPUR YTL Corp Bhd said its proposed one-for-two bonus issue of 163.22 million shares had been approved by the Securities Commission. The commission had also approved its proposed issue of 53.91 million transferable subscription rights on the basis of one additional TSR for every
          Reuter  -  56 words
        • Article
          Lock icon LPN ends below offer price on debut
          56 6 Bloomberg Business News BANGKOK LFN Development pic shares closed at 62.5 baht (553.67) on its first day of trading on the stock exchange here yesterday below the 64 baht a share that institutional investors paid last month. The company builds and manages office
          Bloomberg Business News  -  56 words
        • Article
          Lock icon Brem Holding profit up 14%
          57 6 Bernama KUALA LUMPUR Brem Holding Bhd has registered a 14 per cent increase in group pre-tax profit to M 57.6 million (554.34 million) for the half-year ended Sep 30, 1994. Announcing its unaudited results, it also said turnover rose 32 per cent to M 548.3
          Bernama  -  57 words
      • Article
        Lock icon ACB expects to secure MCL controlling interest by March
        184 6 MBT KUALA LUMPUR Amalgamated Containers Bhd (ACB) expects its recent move to acquire a controlling interest in Metal Containers Ltd (MCL) to be finalised by next March, barring any unforeseen circumstances. ACB recently secured an option through Bright Steel Sdn Bhd
        MBT  -  184 words
      • Article
        Lock icon M'sian govt confirms shelving of 2nd national airline project
        533 6 MBT KUALA LUMPUR THE Malaysian government yesterday confirmed that it has shelved the second national airline project. The two shareholders of Air Asia Sdn Bhd. the proposed airline company, had earlier described news reports on the shelving of the project as
        MBT  -  533 words
      • Article
        Lock icon UMW sees M$128m profit next year
        292 6 MBT KUALA LUMPUR UMW Holdings Bhd has forecast a pre-tax profit of MS 128.25 million (5573.1 million) for the financial year ending Dec 31, 1995, with the implementation of its share proposals. The group has also estimated a pre-tax profit of M 590.55 million
        MBT  -  292 words
      • Article, Illustration
        Lock icon Kumpulan Emas expects up to 30% rise in turnover, profit
        433 6 MBT KUALA LUMPUR Kumpulan Emas Bhd anticipates a 20 per cent to 30 per cent increase in both turnover and profit in the current financial year, given the positive outlook of its timber operations amid prevailing commodity prices. Kumpulan Emas
        MBT  -  433 words
      • Article
        Stamford Tyres unit renews US$6.6m contract
        189 6 SINGAPORE Stamford Tyres Corp subsidiary Stamford Tyres International Pte Ltd has renewed a US$6.6 million (559.6 million) contract to supply tyres and earth mover tyre services to a major mining company operating in Southeast Asia. STC said yesterday the contract was for a 12-month
        189 words
      • Article
        Lock icon Profit of M'sian Industrial Development Finance up 32%
        236 6 Bernama KUALA LUMPUR Malaysian Industrial Development Finance Bhd's pre-tax profit improved 32 per cent to M 562.11 million (5535.4 million) for the half year to Sep 30 from M 547.09 million previously. Releasing its unaudited results on Thursday, MIDF said total income
        Bernama  -  236 words
      • Article
        Lock icon Shareholders to decide on Danau Erat offer for SPK
        241 6 Bernama KUALA LUMPUR The 4.000 shareholders of Syarikat Permodalan Kebangsaan Bhd (SPK) will have the final say on Danau Erat Sdn Bhd's bid to acquire 82.78 million shares in the company. SPK executive chairman Mohd Tahir Abd Rahman said yesterday. Danau
        Bernama  -  241 words
      • Article
        Lock icon Big M'sian companies set their sights on Eastern Europe
        424 6 NST KUALA LUMPUR Four Malaysian companies Malaysia Airlines, Sapura Holdings Sdn Bhd, Perusahaan Otomobil Nasional Bhd (Proton) and Tenaga Nasional Bhd are looking into establishing a presence in Eastern Europe, starting with the Balkan countries. This interest stems from the visit
        NST  -  424 words
      • Article
        UNIT TRUSTS & FUNDS
        555 6 UNIT TRUSTS FUNDS Managers' price* Dcc 24 27 us Cir Fund 0.95. 0 98" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.64 1.74 llnifund I 44 1.50 The Savings Fund 1.60 169 Unihond* 1.045 1.07 S'pore Prog Fund 0.61 0 65 United Gr Fund' 1.69 1.77 S'pore See
        555 words
      • Article
        DIVIDENDS ANNOUNCED
        740 6 Pay men I Ex Books Pay date t close date AISB 50* b 3 Jan 6 Jan 20 Jan 27 Amtck Eng 20* F 6TE Dec 12 Dcc 16 Dec 30 Anlah Hldgs 50* b 6 Nov 25 Dcc 9 Jan 5 Asia Pac Ld I 2TE Nov
        740 words
      • Article
        Lock icon China's stock collapse makes US investors keen to buy
        492 7 Bloomberg Business News NEW YORK US investors say China's fallen stock prices are encouraging them to jump into the country's equity markets. "Would I begin buying now? Yes," said Michael Holland, a partner at the Blackstone Group and a director of
        Bloomberg Business News  -  492 words
      • Article, Illustration
        Lock icon Sega to make latest video game machine in Asia
        353 7 Bloomberg Business News TOKYO Sega Enterprises will begin making its latest video game machine, the Saturn, in Asia next year, the company said on Thursday. A spokeswoman for Japan's second largest maker of video games said the company had not decided
        Bloomberg Business News  -  353 words
      • Article
        Lock icon MKI warrant holders told to cash in by Dec 31
        251 7 Bloomberg Business News HONGKONG MKI Corp will not extend the deadline for exercising its IW4 warrants beyond the end of the year. Investors will either have to let the warrants expire or pay for shares in a company suspended from
        Bloomberg Business News  -  251 words
      • Article
        Lock icon FTC clears BAT's tobacco takeover, but with a twist
        254 7 Reuter NEW YORK The Federal Trade Commission reached a settlement with BAT Industries pie on Thursday, allowing the British company to proceed with its USSI billion (551.46 billion) takeover of American Tobacco Co. Under an accord with the FTC. which preceded
        Reuter  -  254 words
      • COMPANY BRIEFS
        • Article
          Lock icon Time Warner seeks more funds
          60 7 Bloomberg Business News TOKYO US entertainment giant Time Warner is asking Japan's Itocliu Corp and Toshiba Corp to put up as much as US$3OO million (SS43B million) to help acquire US cable television operators, the A 'Hum Keizai newspaper said yesterday. Itochu and Toshiba each
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Seapower dives 98.7% at half-time
          67 7 Bloomberg Business News HONGKONG Seapower International Holdings yesterday said its net profit plunged 98.7 per cent to HKSI.I6 million (*****.000) in the six months to Sep 30 from HKSB9.I million in the year-earlier period. The company said basic earnings per share fell to 0.4 HK
          Bloomberg Business News  -  67 words
        • Article
          Lock icon Top Glory's interim profit up 30.2%
          55 7 Bloomberg Business News HONGKONG Real estate and investment group Top Glor> International Holdings said yesterday its net profit rose 30.2 per cent in its fiscal first half ended Sep 30. The company is controlled by state-owned China National Cereal Oils and Foodstuffs Import and
          Bloomberg Business News  -  55 words
        • Article
          Lock icon Sing lao earnings slip 4.17%
          64 7 Bloomberg Business News HONGKONG Hongkong newspaper publishing group Sing Tao Holdings said yesterday its net profit fell 4.17 per cent in its fiscal first half ended Sep 30. The company, which publishes Chinese and English language newspapers, reported that its profit after tax and minority
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Starlight's interim dips 4.8%
          45 7 Bloomberg Business News HONGKONG Audio visual and electronics equipment maker Starlight International Holdings Ltd said yesterday its net profit fell 4.8 per cent to HK545.28 million (SSB.6 million) in the six months to Sep 30. from HK547.56 million a year ago.
          Bloomberg Business News  -  45 words
      • Article
        Lock icon Woolworth pays former CEO US$2m for his silence
        209 7 Bloomberg Business News NEW YORK Woolworth Corp paid former chief executive William Lavin US$2.O6 million (553.01 million) •three times his 1993 salary in return for his promise not to say anything nasty about the struggling retailer. Woolworth said in a quarterly filing
        Bloomberg Business News  -  209 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        618 7 Vessel Voy No Berth Vrival Departure Vessel Voy No Berth Arrival Departure JurOAg Port Batam Speed! 2/494 POIA 241? 0/00 24I? 090C Arabian Cipress 114 alcngsidr ?41?, 0600 Balam SowM ****** POIA ?312,7030 73 17 7730 famM* 23/94 12 afcng«<e 2412 1200 Balam Speed5 *****' POIA 1513
        618 words
      • Article
        CONTAINER SCHEDULES
        1825 7 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From A<» la* 218A 25/0400 1A 23/1500 23/1659 23/1900 IB 23/1500 23,1859 23/1900 3 24 0/00 24/1159 24/1400 4 24/1200 24/1459 24/1/00
        1,825 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon A time of reckoning looms for some US banks
        430 8 NYT NEW YORK High-rolling hedge fund managers like George Soros were the first to diselose that they lost money in the plunging bond market this year. Then came Piper Jaffray and some others who run mutual funds. More recently, several municipalities.
        NYT  -  430 words
      • Article, Illustration
        Greenback firmer against mark during the week
        425 8 DBS Bank weekly currency review US$/DM: set lo hit 1.5935? The greenback started the week within a narrow range of 1.5690 to 1.5773 before bulls returned to bring it to a high of 1.5840 on Thursday. It then eased to trade around 1.5765
        425 words
      • Article
        Lock icon China Investment Bank aims for global role
        121 8 AFP BEIJING The China Investment Bank (CIB), earmarked for transformation into a commercial entity under banking sector reforms, plans to become a broad international group by 2000, the China Daily reported yesterday. Under new regulations approved recently by the central bank, the CIB
        AFP  -  121 words
      • Article
        Lock icon Derivatives fallout will hit marketing staff hardest
        300 8 KnightRidder NEW YORK The fallout from this year's derivatives turmoil will likely land more heavily on structuring and marketing stafT than on trading groups in 1995, market sources said. Many large derivative product companies as well as banks and securities firms have separated
        Knight- Ridder  -  300 words
      • Article
        Lock icon Asian robusta coffee seen firming on rising world prices
        399 8 Knight-Ridder TOKYO Asian robusta coffee prices are expected to firm through the remainder of this year and well into 1995 on the hack of rising world prices. Recent rallies in London reversing a steady downtrend since late September have prompted Vietnam
        Knight-Ridder  -  399 words
      • Article
        Lock icon SEC issues exemptive order on derivatives
        346 8 Bloomberg Business News WASHING I ON The Securities and Exchange Commission (SEC) has issued an order to clarify the impact of the Bankers Trust New York Corp settlement on firms that handle certain types of derivatives. The exemptive order on Thursday, which lasts until
        Bloomberg Business News  -  346 words
      • Article
        Futures little changed before 3-day break
        301 8 Bloomberg ENERGY REPORT LONDON Oil futures in New York are expected to open little changed after rising 1.5 per cent in the past five sessions. Activity is likely to be limited because the New York Mercantile Exchange was closed last night for three days,
        301 words
      • Article
        Lock icon Currency Reports: London
        208 8 Reuter LONDON The dollar was little changed in Europe against other major currencies amid light trading as a result of the US Thanksgiving holiday. Meantime, the pound tumbled to a two-month low against the dollar and a one-month low against the deutsche mark amid concern about the
        Reuter  -  208 words
      • Article
        Lock icon New York
        94 8 AFP NEW YORK The dollar firmed slightly against other major currencies except the yen here in an extremely quiet market ahead of the Christmas holiday weekend. Gold was unchanged at US$3Bl an ounce from late Thursday. At 1430 GMT, the dollar was trading at 1.5769 marks up from
        AFP  -  94 words
      • Article, Illustration
        Untitled
        1651 8 I ratU- urtfhm/ inJrx cakvkanl a*uin\i S'purr\ nip 14 iraJm parlitm I Bay )wr /<MS USS/SS forward rates Noon Dec 23 ss BM <)ff« 1-moolh i 4604 1.4619 2-monlh I 4590 I 4605 3-month 1.4579 1.4594 tMnonlh 1.4529 1 4549 Sounv OCaC Source: OCBC FOREIGN CURRENCY NOTE RATES As at
        1,651 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen stagnant at midday
        1161 9 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were Hat at midday. Dealers said markets were extremely thin with Tokyo participants out for a national holiday. A trader said Eurodollars were sold off overnight after reeent gains. "The market sentiment is not to be
        Reuter  -  1,161 words
      • Article
        S'pore rubber firmer on covering
        633 9 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures ended broadly firmer yesterday on pre-holiday short-covering. Brokers said the buying was dominated by overseas players. "Buyers and sellers were quite well-matched but buyers seemed to be having an upperhand." one broker said. Volume was however thin with most
        633 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Thai soymeal market quiet
          54 9 SINGAPORE The Thai soymeal market is quiet now as most feed mills have covered their needs until March, and are awaiting the government's decision on a new import tariff, said millers and traders in Bangkok. The government is committed under Gatt to lower protection on 23
          54 words
        • Article
          Aussie firm challenges court ruling
          65 9 SYDNEY Australia's Comalco Ltd has said it will challenge in the High Court a decision by the Australian Industrial Relations Commission to impose restrictions on employees at its Bell Bay aluminium smelter in Tasmania. "Our advice is that the Industrial Relations Commission's decision is flawed
          65 words
        • Article
          Govt watchdog against wheat pact
          96 9 SYDNEY Australia's Trade Practices Commission has said it will oppose moves by the Australian Wheat Board to form a joint venture with New South Wales bulk handling authority. Graincorp. The commission, which acts as the federal government's competition watchdog, said it considered the proposed joint
          96 words
        • Article
          M'sian palm oil sales surge
          90 9 KUALA LUMPUR Malaysia plantations' sales of crude palm oil surged to 16,050 tonnes on Thursday from 4,650 on Wednesday, according to data from the Malaysian Oil Palm Growers' Council. Sales were 2,050 for the December contract. 2,950 for January. 1,750 for February, 1.200 for March,
          90 words
      • Article
        COMMODITY PRICES
        1396 9 Rubber Dec 23 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30p«n) Buyers Sellers As at 12 noon (S cents/kg) RSS 1 Contract (S cents/kg) fW v mp 7r— RSS 2 Jan 95 2II00 2I200N n* ii!:™ <»« 2|J0O m KSS)| M 101.00 202.00N Mar 1D 217.50
        1,396 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1008 10 1.1 SHARES nudged barely firmer *at the early close yesterday as Christmas festivities swung into full gear ahead of a four-day holiday break. "Everybody's getting ready to go on holidays." said a broker. "There was a little bit ol book squaring going on. but volumes are extremely low and
        1,008 words
      • Article
        Manila
        644 10 -21.57 Share prices slid as investors cashed in on gains. The Composite Index fell 21.57 points to 2,785.50. Turnover was 2.37 billion shares valued at 1.33 billion pesos. "There's usually profit-tak-ing ahead of the end of the year," said an analyst. However, he expects a rally next week due
        644 words
      • Article
        Taipei
        568 10 -107.72 Stocks dropped across the board in slow trading, with all eight major categories of shares posting losses, dealers said. The 395-issue Weighted Price Index tumbled 107.73 points to settle at 6,857.95. Turnover was 2.062 billion shares worth NT585.34 billion. Falls overwhelmed rises 267 to 59, with 69 issues
        568 words
      • Article
        New Zealand
        259 10 +4.18 Shares ended the week on a positive note, with the main index slightly higher after a shortened trading session before the Christmas holidays. The NZSE-40 Index closed at 1,915.23, up 4.18 points. "Some of the offshore selling of the last two days dried up," said a broker.
        259 words
      • Article
        Seoul
        452 10 +0.35 Share prices ended slightly higher yesterday, as institutions unloaded blue chips after a more than 10-point jump in prices, brokers said. The Composite Price Index inched up 0.35 point to close at 1,040.55 in dull trading. Advances outnumbered declines by 569 to 326, with 108 unchanged. Trading volume
        452 words
      • Article
        Bombay
        128 10 12.11 Share prices recovered yesterday as sentiments improved after the resignation of three ministers named in two national scandals, brokers said. The BSE 30-share Index closed at 3,909.32, up 12.11 points. The broader 100-share National Index gained 0.41 points to 1,857.16. Brokers said end-of-account squaring up aided the mid-ses-sion
        128 words
    • WORLD STOCK MARKETS
      • Article
        London
        847 10 -8.3 STOCKS were mixed as declines in bank, drug and oil stocks, three of the bestperforming groups in the past week, offset hopes for rising profits and takeover action during 1995. Some said tbe year-end rally, which has seen the Footsie rise some 5 per cent in the past
        847 words
      • Article
        Paris
        131 10 -2.20 French shares slipped at the end of a quiet pre-Christ-mas weekend session to close slightly lower. Dealers said there were very few players yesterday. They said potential buyers had postponed purchases until after yesterday's expiry of monthly futures and options contracts. The CAC-40 Index finished down 2.20 at
        131 words
      • Article
        Milan
        157 10 +64 Italian shares were holding their gains as business tailed off in the afternoon, shrugging off the political turmoil in Rome. A weak start was reversed as foreign investors moved back into the market, lifting prices again after local players appeared ready to sell. The Mibtel Index was up
        157 words
      • Article
        Amsterdam
        230 10 -0.95 Dutch shares closed with modest falls in low pre-holi-day volume. The trading session ended at 1230 GMT and dealers reported many in the market had drifted away during the morning. "There have been a few trades during the morning but you can't really talk about business today." one
        230 words
      • Article
        Stockholm
        114 10 •3.85 Weak bourses around Europe as trade slowed for the Christmas holiday period squeezed back Swedish shares by midday. A few shares rose, however. "Many investors have closed their books for the holidays and activity is low." a broker said. "The drop in prices is due to weak European
        114 words
      • Article
        Zurich
        233 10 +0.2 Swiss shares ended little changed in quiet pre-Christ-mas trade. Dealers predicted business after Christmas would also be quiet with some window dressing likely before the end of the year. The broad SPI Index ended 0.03 point firmer at 1,732.63. The blue-chip SMI Index was 0.2 higher at 2,649.9.
        233 words
      • Article
        Johannesburg
        303 10 +20 South African shares finished firmer at midday, a trend dealers saw continuing on the back of a continued bullish undertone. Industrials managed to overcome negative early sentiment spilling over from falls in other emerging bourses, while golds struggled to curb earlier losses and closed mildly down. The Overall
        303 words
      • Article
        Toronto
        273 10 -3.40 Stocks were mixed in subdued early action, and players are expected to just mark time until the TSE shuts for the four-day Christmas weekend. "If it doesn't get done by 1100 (EST), it isn't going to get done today," one trader said. He said the market largely ignored
        273 words
      • Article
        New York
        765 10 14.47 The Dow Jones Industrial Average, which rose 13.12 points on Thursday, was ahead 14.47 to 3,829.39 at I lam EST. The NYSE Composite Index was ahead 0.43 to 251.14, while Standard Poor's 500-stock Index was up 0.95 to 460.62. Advances edged declines 954-839 among the 2.609 issues
        765 words
      • Article
        Frankfurt
        194 10 +6.97 German stocks were little changed yesterday, maintaining gains made over the past week on optimism over strong corporate earnings in 1995. The DAX Index of closed at 2,100.98. That's up 6.97 points above Thursday's close. Although the threat of inflation is still hanging over the market, traders said,
        194 words
      • Article
        Brussels
        165 10 +4.84 Belgian stocks rose for the second day with a stronger dollar boosting earnings outlook for firms with US activities and amid talk that central bank interest rates will remain stable. The Bel-20 Index rose 4.84 points to 1,404.28, its highest close since Dec 7. "There are a number
        165 words
      • Article
        Untitled
        513 10 Vienna Dec 2J Asch +7\li\ 10 Bank \u\Iiij PS Wl unch K BV VZ ftW i fVN m* I I lnf Hjicn J I cn/im WO InUn »I MjcuLM IIM V/ II* «"*•> otMvvar V\ rnhn.it.igH' I«« I Vriisthn «W Vrrhuml UIk A WiriKtfcn, 4 Source: Bank Austria Aktiengesellchaft Nasdaq
        513 words
    • Article, Illustration
      Lock icon HONGKONG
      3046 11 Bloomberg Business News HONGKONG Stocks fell as lingering concerns about rising interest rates and falling property prices took the wind out of a week-long rally. The Hang Seng Index fell 100.78 points to 5.311.88. Trades were worth just I IKS 1.7 billion. The broader All Ordinaries Index fell 42.58
      Bloomberg Business News; Source: Bridge Info  -  3,046 words
    • Article, Illustration
      Lock icon CHINA
      617 11 CLSA WITH Christmas not far off and a public holiday in Japan, turnover in H shares remained sluggish. The market finished 1.1 per cent lower on volume of HK533.6 million. Luoyang Glass was the major loser, down 4.8 per cent. The Shanghai A market saw active trading, with turnover
      CLSA  -  617 words
    • Article, Illustration
      Lock icon BANGKOK
      1832 11 Reuter BANGKOK Slocks closed slightly lower after fluctuating in a narrow range throughout the day, brokers said. The SET Index closed 2.95 points lower at 1,361.35 on thin 3.38 billion baht turnover. Falls led rises 156 to 117 with 112 issues unchanged. "Local funds did nothing all day." a
      Reuter; Source: Bridge Info  -  1,832 words
    • Article, Illustration
      Lock icon JAKARTA
      1145 11 Reuter JAKARTA Share prices fell towards the close on local profittaking after straight rises in the past tour days, brokers said. "Profit-taking by local player* pulled share prices down, though not as heavily as in the morning after foreign investors moved in moderately in late afternoon." one local broker
      Reuter  -  1,145 words
    • Article
      CLOB INTERNATIONAL
      2354 12 Gr b IH4 Last Vol Ita) IjtM (Juoir LNt IM» tM Nd M (af High Low ump*a\ Sak (1100) llttth low Bu>er Viler ("ir S P/fc Smil MALAYSIAN STOCKS 39* 160 m MSB 5ft. 29* cd f2 363 302 294 29* 294 30 -it 0 3 30 6
      2,354 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall as foreign funds hold back
        6897 12 Bloomberg Business News KUALA LUMPUR Stocks fell as the recent flow of foreign money into the market dried up. traders said. The Composite Index fell 5.47 points to 988.87. The broad Emas index fell 0.4 per cent to 289.10. Telekom led the decline,
        Bloomberg Business News; Source: Bridge Info  -  6,897 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8632 13 I MAINBOARP Gr (rf \l Wl Ijnl Vol Day l.a%l (>o)c l>i» I>i* \M Nrt (if \»f Huh l ow C ompaa> Hale (TOO) llifk U« B«)rr Nellrr w P/F. Sail Pric* INDUSTRIAL AND COMMERCIAL 720* 417-5* ml Aetna Mk 482 unch 12 4*2 480 4*1) 482 4 7 0.4
        8,632 words
      • Article, Illustration
        Lock icon Hope of Christmas rally fizzles as players turn cautious
        1921 14  -  By R Sivanithy SINGAPORK Caution yesterday ahead of the long weekend put paid to any hopes of a rally in the loeal stoek market on the last trading day before Christmas. Prices ended mixed in thin volume, but there was no
        Charts by Bridge Info; Source: Bloomberg  -  1,921 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      215 5 NEWS VALUE Average prime rate expected to hit 7.25% by end-1995 (pg I) The rise may already have been discounted, but certainly not the projected quantum. Festive cheer lifts revenues for hotels (pg I) Already reflected in gains made by some hotel stocks recently Gokftron plans $70m issue of convertible
      215 words
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      280 6 I MFline I In English Number Horoscopes (Daily) 8450 The Capricorn Career Finance; Win Prizes! Entertainment News 8451 How To Paint The Town Red? Ghost Stories 8452 A Driver's Story; Win Prizes! Children's Funland 8453 Christmas Songs Face Facts 8454 Ronald Reagan Dreamland 8455 Fandi Ahmad Fulfills Your Birthday Dream;
      280 words
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      Page 9 Advertisements Column 1
      92 9 APPOINTMENTS ADVERTISEMENTS ATTRACT THE RIGHT CANDIDATE Financial RSJZj News IV|o9| A Quick Look At The I I Markets I Call 24 hours a day for I I SES KLSE midday I reports, closing I I market reports business news. Cost: 30 cents a minute Organised by: I^!^ An SPH AudioTex
      92 words
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      Page 9 Advertisements Column 2
      39 9 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday
      39 words
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      Page 11 Advertisements Column 1
      47 11 REGIONAL ANALYSIS Every Wednesday, in Business Times The Tokyo stock market was closed yesterday for the Emperor's birthday O o o o O LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. sinoaporf. rnr\ Business Times WE KM m ASIA
      47 words
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      Page 13 Advertisements Column 1
      114 13 i mm Atmß**>(S)P*L* ',«Cl^., &§§M H^^E—^Bfli^BH^l^^P" ti (ti.-JM a n H-■ J^B|^H^B^^K VCR (PAL/MESECAM P 37-640 (14* Teletext) *">" I|^^^^BHS^BHHHH| ntsc playback on PAL TV) P 3 7.050 V* ST 7CW.55/8 Teletext (28" Ntcam Stereo) E-72-9 I TOP (29* Nicam Stereo) V ""jT MB2-795/9 PIP TOP i*3n (Designed by FA
      114 words
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      Page 14 Advertisements Column 1
      217 14 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 OFFICIAL NOTICE We. HUI QUAN PRIVATE LIMITED of I Marine Parade Central, #13-09 Parkway Builders' Centre, Singapore 1544 hereby give notice that in consequence of the intended purchase. we have applied to the Registrar of Singapore Ships. under Section 386 of the Merchant Shipping Act
      217 words
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      Page 14 Advertisements Column 2
      324 14 THE COMPANIES ACT. CAP 9* JARCO TRADINC PRIV ATE LIMITED (In Members' V oluntary Liquidation) AC a general meeting of JARCO TRADING PRIVATE LIMITED convened and held on 22 December 1994, the following Special Resolution was passed SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to Section 290<
      324 words
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  • Executive Lifestyle
    • Article, Illustration
      What we want for Christmas
      1263 15  -  Michelle Low and Jaime Ee sift through our readers' wish-lists and come up with the following requests Michelle Low,Jaime Ee SIT DOWN. Take a deep breath. It's Christmas Eve and you've survived the shopping crowds to get your dearly beloved their gifts for this merry
      1,263 words
    • STRAWS IN THE WIND
      • Article
        Christmas with Clinton
        53 15 THINGS overheard at the White House Christmas party, according to US comic David Letterman: "It's so nice to have a president who can play Santa without padding." "So what are you doing to pass the time these days. Ms Elders?" "I've never seen a wreath made of
        53 words
      • Article
        Santa cross
        80 15 YOU'VE brought your kid to sit on Santa's knee. But do you have any idea what goes on in his head when he's asking your kid what he wants for Christmas? We hazard a few guesses: "Drool on my beard and you're a dead kid." "Hey kid. if
        80 words
      • Article
        Shopping frenzy
        48 15 IS THE Christmas spirit in the air? Not according to one disgruntled shopper who was heard grumbling to her companion: "Don't know why I bother to come out. Everybody just pushing, pushing. And then in the carpark somebody wants to fight with me for a space!"
        48 words
    • CHRISTMAS FICTION
      • Article, Illustration
        Lock icon What became of Mr Scrooge
        3272 16  -  By the end of A Christmas Carol, Dickens' tight-fisted protagonist had seen the light and decided to approach the festive season in the right spirit. But did he keep his New Year resolutions? Gilbert Adair tells the rest of his story Gilbert Adair Sunday Times,
        Sunday Times, London  -  3,272 words
    • PERSONAL FINANCE & INVESTMENT
      • Article, Illustration
        Mr Bull and the 3 bears
        707 17  -  THE WEEK By Paul Leo JUST as Mr Scrooge was visited by the three ghosts of Christmas on the eve of the holiday season, Mr Bull has been visited by the three bears of the stock market this year. Mr Bear of equities past
        707 words
      • Article, Illustration
        Everything you wanted to know about Singapore listed companies
        369 17  -  Paul Leo on two corporate handbooks for investors and analysts that have just hit the bookshops Paul Leo 1 994 may not be the year for equities but it could well be the year for financial publications. The latest to jump
        369 words
      • Article
        Face-lift for corporate handbook
        230 17 YET another corporate handbook has hit the bookshops the substantially updated second edition of The MeesPierson Guide to /long Kong Companies. Published by Edinburgh Financial Publishing (EFP), with the support of MeesPierson Securities (Asia), the handbook boasts data provided by CompuC'hart, The Estimate Directory, Datastrcani, Reuters,
        230 words
      • Article, Illustration
        Lock icon Read the warning from the Tokyo stock market
        617 17  -  Eye on the region Richard Koo outlines four different possible scenarios for the Japanese economy Richard Koo The writer is the associate thief editor of Capital Market Trends, which is published by Nomura Research Institute HOW INVESTORS view Japanese companies will vary
        Source: Bloomberg  -  617 words
      • Article
        ACU deposit rates offered by various banks (as at Dec 22 1994)
        811 17 IX'posit amount |-wk l-mth Vmth 6-mth Deposit amount l-wk l-mth Vmth 6-mth Bank of China SIO.OOO £24.999 $.1400 5 6300 6.1900 10.000 49.W9.99 5 OIK*) 6.8125 7.0000 7.6875 <*» £49.0°° 5 2500 5.6300 6.1900 ***** Above 5.0000 6.9375
        811 words
    • SPORTS
      • SPORT SHORTS
        • Article, Illustration
          Lock icon Basketball
          37 18 AP NEW YORK NBA games Thursday: Cleveland 93. New York 90: Charlotte 103. Philadelphia 91; Utah 103. Atlanta Houston 114. Phoenix 106: Seattle 103. Dallas 101; Golden State 107. Washington 87; Sacramento 109. Minnesota 89. AP
          AP  -  37 words
        • Article, Illustration
          Lock icon Cricket
          91 18 AFP MELBOURNE England chairman of selectors Ray lllingworth is counting on Dc\on Malcolm to rip apart Australia's batting lineup in the second Test starting here today. lllingworth arrived here on Thursday for the test and declared his first task would be to inspire the 31-year-old Derbyshire strike bowler to
          AFP  -  91 words
        • Article, Illustration
          Lock icon Rugby
          99 18 AFP NOUMEA Three New Caledonian rugby union players were sent to prison yesterday for an attack on a referee. Edouard Pilioko. Raymond Oupane and Sonny Finau were sentenced to six months jail, with five months suspended. Four other players received six month suspended terms for the Oct 29 attack
          AFP  -  99 words
        • Article, Illustration
          Lock icon Soccer
          71 18 AFP LONDON Former Nottingham Forest manager Brian Clough dismissed suggestions that he might be guilty of receiving an illegal payment from the transfer of Norwegian Alf Inge Haaland two years ago. Investigators are probing defender Haaland's £350.000 (*****.875) move to Forest from Norwegian elub Brvne. It is alleged that
          AFP  -  71 words
        • Article, Illustration
          Lock icon Skiing
          65 18 AFP PARIS Italian Alberto Tomba made it a hattriek of victories in three <Ja>s as he snatched another World Cup triumph from his rivals at Alta Badia. The 28-year-old master won the giant slalom by 45 hundredths of a second from Switzerland's Urs Kaclin. with Austria's Christian Mayer third.
          AFP  -  65 words
        • Article, Illustration
          Lock icon Yachting
          227 18 AFP SYDNEY Frenchman Jean LucVan den Heede suffered an embarrassing setback in his bid for honours in the solo Round the World Challenge when his yacht ran aground at a beach only 50 nautical miles from the finish line here for the second leg yesterday. The experienced sailor, who
          AFP  -  227 words
      • Article, Illustration
        Lock icon Golden State Warriors snap losing streak
        860 18 Reuter OAKLAND The Golden State Warriors defeated the Washington Bullets 107-87 adding insult to the injury suffered by star forward Chris Webber in his first game against his former team. Webber, traded by the Warriors to the Bullets last month after a long holdout,
        Reuter  -  860 words
      • Article
        Lock icon Carter may mediate in baseball strike
        293 18 AP WASHINGTON Former President Carter, who helped make peace in the Middle East and Haiti, may be the next mediator trying to settle the US Major League Baseball strike. A statement from the Carter Centre on Thursday said "our mediation services are available only
        AP  -  293 words
      • Article
        Lock icon National Hockey League close to settling dispute, says Sharks owner
        283 18 Reuter NEW YORK San Jose Sharks owner George Gund 111 says that negotiators trying to end the National Hockey League lockout arc very close to settling the dispute. "They arc very, very close to a deal in the hockey," said
        Reuter  -  283 words
    • PEOPLE
      • Article, Illustration
        Five-star service at Four Seasons
        242 18 FOUR Seasons Hotel Singapore held its official grand opening ceremony last month amidst much grandeur and style. The 257-room hotel is owned by Hotel Properties Ltd and managed by the Four Seasons Regent Hotels and Resorts. It is the third Four Seasons Hotel operating in
        242 words
    • TIME OFF
      • Article, Illustration
        Lock icon Move over Tom Cruise, Savvy Claus is back
        1087 19  -  Stuart Elliott checks out why Santa Claus remains the most popular person at Christmas Stuart Elliott NYT HE IS more talked about than David Letterman or Newt Gingrich. He has enjoyed more comebacks than George Foreman or John Travolta. And though his
        NYT  -  1,087 words
      • Article
        PERFORMANCES
        308 19 Christmas Horror Not exactly a nightmare before Christmas. more of a travelling visual and aural experience with the Practice Theatre Ensemble to "herald" the Christmas season. Today, tickets at $2 available from community centres. Call 337-2529, for details. Singapore Twist A compendium of plays including Kuo Pao K.un's Parking
        308 words
      • Article
        CONCERTS
        237 19 Rock the boat Alive, she cried. A string of concerts at the Boat Quay, featuring some of the bigga betta bands like Club Ecstasy. The Pagans. Peculiar Remedies and more topping off with a New Year bash. Until Dec 31. at the Boat Quay. Concerts start at 6.30pm. Sister
        237 words
      • Article, Illustration
        FILMS
        290 19 Omnimax Movies Search for the Great Sharks Man's negative perception of sharks has made the creature a thing to be feared and avoided much like rabid dogs. This movie hopes to help us understand and see how these great creatures of the sea have to survive in a world
        290 words
      • Article, Illustration
        EXHIBITIONS
        798 19 My dream Christmas "I'm dreaming of a white Christmas Paintings by 27 children (aged five to sixteen) depicting what they want their Christmas to be like. Today, 3pm to 7pm at the Atrium Gallery. Marina Mandarin Hotel. European Art A collection of modern paintings. Renaissance and Baroque masterpieces from
        798 words
      • Article
        TALKS/COURSES
        110 19 Life in a 14th Century Javanese City A look at the history and archaeology of one of the first developed cities in South-east Asia Majapahit. Jan 13. 1995: 9.30 am and 11.30 am al the Sat tonal Museum I heat rclte. Global Entrepreneur Forum '95 Speakers from around the
        110 words
      • Article
        MISCELLANEOUS
        152 19 Wooden Hear Fund Christmas Victor and Charlee will entertain at this fund-raising luncheon which includes fun rides, cartoon screenings for the young at heart and a sale of toys and souvenirs. Proceeds for this event will go to the National Council of Social Sevices, which will use the money
        152 words
      • Article
        AT THE SUBSTATION
        138 19 Soap Bubbles and Sopranos A double-bill programme featuring two plays Coming Soon and Bald Soprano presented by the Theatre People. Ikr 28 to Dec 30. Bpm at the Guinness Theatre. Tickets cl $10 The Dragon Dance The real story of how the Chinese dragon dance came about.
        138 words
      • Article
        TICKETING
        142 19  -  Compiled by Christopher Toh Sistic outlets are at Forum The Shopping Mall, Ginza Plaza. Junction H. Liang Court, Raffles City, Scotts. Specialists Centre. Takashimaya. Cold Storage at Jelita and World Trade Centre Also at Victoria Concert Hall and the Singapore Indoitr Stadium. Hotline: 34H-5555. TicketCliarge outlets are at Metro
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    • EPICURE
      • Article, Illustration
        Cooking up some Christmas cheer
        1328 20  -  Jaime Ee shows how you can entertain at home and still enjoy yourself as much as your guests Jaime Ee THE THING to remember about festive home entertaining is that if you can possibly avoid it, do. Don't be suckered by magazines that offer 1001
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      • Article, Illustration
        Wines for your DIY festive dinner
        710 20  -  Wine By N K YONG THE LATEST game in town seems like a sort of wine "upmanship", especially when it comes to New Year's Eve Dinner. The price of the dinners featured in last Sunday's Sunday Times puts them in a class of their
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    • Article, Illustration
      CINEMA
      1053 22 Andre. A girl and her father adopt a baby seal and learn to adapt. Based on a true story. Stars Tina Majorino, the little girl in When A Man Lines .-I Woman. Lido: 4; 9. Jade 4.30. Blade Runner. A replay of this cult favourite where Harrison hord falls
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      145 15 ''Ifol,t. FRII |fc &®WE'''' v IflßUllf Available i m hwl" I) SINGAPORE: Bwbciry Botiqw 435 Orchard Road. *0242, Wnma Aim. Singapore 0923. Td: 733 7115. 391 Orchard Howl. •01-10 Tafatthimaya S.C. Singapore 0923. Tel: 755 IMS. D,.U.. i, Con niiv«*Pi: DFS Orchard tSETAN Orchard NAN HEN LEATHER GOODS TAKASHIMAYA DEPT
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      26 18 ectst °n movements Showroom and Service Chionogiaph. ..jjj w. Rrf. 2990STC 5J2.170 00 #02 O Rafflet Moid Artade. Singapore 07IS. Tel: 339 3218 Ref 7790STG 552.17Q00,
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  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      361 20 Refrigerated Wine Cellar Your perfect answer to wine storage in the tropics Model 999 Capacity up to 144 bottles Price: 552,525.00* (inclusive of delivery set up in S'pore 12 months warranty Available ex-stock from the Sole Agent: bonlable BONTABLE AGENCIES (S) PTE LTD #03-05 Sin Cheong Building 47 Jalan Pemimpin
      361 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1131 21 Nothing Beats A Bud. ftHWfll where to wine, dine and entertain OK r Festive Buffet^ at Cafe Carousel Christmas NcwYfcar's Eve Lunch: •complimentary novelties plus a ChristmM New Year's Day Complimentary novelties on Prices subject lo 10* service charge. I cess A 3% GST wmmtmmmmmmm Garousel M-*mt c %ow i>o«»
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      Page 21 Advertisements Column 2
      420 21 [AOl .V»ih Moor CATCH THE RAT PACK IN THE ACT. See I X-an Martin", "Frank Sinatra" and "Sammy Davis Jnr" perform at Act I. For reservations, please call 831 6262/3. Date: 23, 24 24 December 1994 Time: 11.00pm $49 nett* 23 December 1994 $99 nctt* 24 December 1994 $69 nctt*
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      2483 22 TODAY'S TV imillllßllll 1 1 11 6.00 Morning News (VI). lU| I International. 7BUIHIBi 6.30 Motrvasi Senaman. City Slickers, 8.30pm, TV 2 Floyd On Spain, 6pm, Ch r TBHHgilaßi ABN News Wise-cracking Billy Crystal The spatula-happy Keith Floyd y jUff Salute* 3 39 going on mid-life crisis and traverses the
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