The Business Times, 7 October 2000
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2000-10-07
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The Business Times
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Title Section15 2000-10-07 1 THE BUSINESS TIMES MfTA (P) 035/12/1999 65# SINGAPORE SATURDAY, OCTOBER 7, 2000 Internet: http://business-times.asial .com.sg/15 words
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Article68 2000-10-07 1 Dsn MC2J7 (-32.04) QVKBI mM ***** (-12.88) ST INDEX FUTUSES VMM (42.00) SOISCI FDTUIES moo (-7.70) STOCK MAKKET INDICES Friday Change KLSE OOMP 709J6 +639 NIKKEI 225 15*94 M -106.02 HANG SENG dosed SET INDEX 217.68 1.83 JAKARTA COMP 422.9 -15 MANILA COMP —USW.00___-0.il WEI WPI +324.92 SEOUL68 words
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Article72 2000-10-07 1 FOREX BATES USI 8$ USS 1.748 £(USS/S$per£) 1.448 1530 EUBO(USt/SS/E) 0.872 1524 DM 2144 1.283 YEN 106j8 8120 RM 3.800 2.174 HKJ 7 796 4.459 BAHT 4237 2414 RUPIAH 8,7*4 8,031 FUME BATES 5.80 rnJAA LUMPUR 7.67 JAKARTA j$9.U0 BANGKOK 9JO MANILA 11.00 HONGKONG 8.50 TAIPEI 7.H4 SYDNEY .8.5072 words
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727 2000-10-07 1 Siow Li Sen - id exclusive Changing global forex trend is reshaping industry in Singapore Bu\ Siow Li Sen [SINGAPORE] The plunge in the volume of foreign exchange trading in Singapore by a sharp 40 per cent from the industry's peak in 1997 may727 words
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697 2000-10-07 1 R Sivanithy - Total dividend hits $1.50 a share as turnover crosses $lb By R Sivanithy [SINGAPORE] Media group Singapore Press Holdings, which yesterday reported a record turnover of $1.05 billion and a 21.8 per cent rise in profit to $397.5 million, had a nice697 words
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107 2000-10-07 1 The Business Times had a banner year. Among all the newspapers SPH publishes, BT turned in the highest advertising revenue growth, with a 44 per cent rise its best-ever performance since its launch in 1976. It also recorded the best circulation growth.107 words
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Article, Illustration321 2000-10-07 1 David Boey - NEL denies rumours; analysts uneasy on outlook By David Boey [SINGAPORE] Rumours that a Nat Steel Electronics plant will close for three months because Apple Computer has cancelled orders sent NEL shares spiralling 24 cents to $3.66 yesterday a level notSource: Bloomberg - 321 words
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504 2000-10-07 1 Serena Ng - d2pay starts with merchants, with op to 200 by year-end By I Serena Ng [SINGAPORE] DBS Bank yesterday became the first local bank to offer a system for customers to pay for goods and services on the Internet instead of using credit or504 words
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Page 1 Advertisements
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Advertisement96 2000-10-07 1 IHMlffi Top Stories EOB pumps another $1 billion into life sciences. Next Pmgm Sing Tel need not pay tax on $2.36b compensation. Pg 3 Canary Riverside: Pidemco mulls over sale of stake. Pg 3 US jobless rate sinks to 30-year low of 3.9%. Pg 12 People Peter 800 has stepped96 words
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Advertisement10 2000-10-07 1 Corporate Tidbits: Command performance in a changing scene, Pg 310 words
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Advertisement39 2000-10-07 1 News Corp gtves to S top execs Pg Earthquake in Japan: /V i i\hjc H/ r 9 4 t > »Vjjr 'r Jrt y,:. > Jp -v Artists Abroad i lw Alt N. />.! t'A It Market hit by jitters, Pg 439 words
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580 2000-10-07 2 Vivien Ng - Life Sciences Investment Fnnd will complement earlier R&D fond By' Vivien Ng [SINGAPORE] Life Sciences has been given another booster shot. The Economic Development Board is pumping in another $1 billion to set up a Life Sciences Investment Fund to boost the industry,580 words
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ON THE grapevine
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Article114 2000-10-07 2 j v INVESTMENT bankers work in a dog-eat-dog world, and it's getting worse with the never-ending round of mergers and acquisitions. One story recently heard goes like this: A banker was offered a ride by his friend who works for a rival bank. On arrival, the114 words
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Article116 2000-10-07 2 AT news conferences with "live" Web demonstrations, it's common to see company executives struggle to control the movement of their laptop mouse, which is sometimes a ball or a touch screen. So when DBS launched its new debit payment system for Internet shopping yesterday, the audience was116 words
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Article62 2000-10-07 2 BT ran an online poll this week about the property sector's buoyant third quarter. The question was: The residential property sector seems to have had a good third quarter. The choices made were: Looks like the start of a property rebound 27% It won't62 words
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947 2000-10-07 2 Jennifer Lien - COMMENTARY The Maxtor-Quantum merger will likely firm up prices and boost profits, says Jennifer Lien in Silicon Valley Jennifer Lien At a DISK DRIVE industry conference here last month, a speaker asked the audience of several hundred industry professionals: "Who's heard the rumour947 words
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Article, Illustration1089 2000-10-07 2 Chuang Peck Ming - Peter 800 has stepped down as MHE Holdings chief but he doesn't intend to stay a man of leisure for too long By Chuang Peck Ming [SINGAPORE] IT'S mid-morning on a Wednesday and the September heat is already growing unbearable. In a well-heeled neighbourhoodCHRIS LOH - 1,089 words
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Page 2 Advertisements
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Advertisement7 2000-10-07 2 Johns Hopkins drops hospital plan, Pg 77 words
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Advertisement6 2000-10-07 2 Don't blame Europe: analysts, Pg 86 words
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SINGAPORE companies
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676 2000-10-07 3 Kalpana Rashiwala - It may also sell Finsbnry Pavement office block in London: sources By Kalpana Rashiwala PIDEMCO Land is considering selling its stake in a piece of vacant land under phases two and three of its Canary Riverside property in London for a handsome profit676 words
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267 2000-10-07 3 Marissa Chew - ky Marissa Chew SINGAPORE Telecom will not have to pay any income tax on the compensation paid by the Info-Communications Development Authority of Singapore for speeding up the liberalisation of the telecoms market. Sing Tel said in a statement yesterday that the267 words
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270 2000-10-07 3 THE Singapore Exchange said yesterday that shares of City e-Solutions (Citye) had gone "ex" a day earlier in Singapore than Hongkong because the settlement period in Singapore is one day longer. "The reason why Singapore closed a day earlier than Hongkong is because270 words
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Article, Illustration370 2000-10-07 3 Marissa Chew - By] Marissa Chew RAFFLES Holdings Ltd has gained a foothold in the American market with its acquisition of the award-win-ning L'Ermitage Beverly Hills for US$6B million ($118.3 million). The Los Angeles hotel has been in operation since 1997 and was owned370 words
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Article, Illustration463 2000-10-07 3 tan suyen - COBPORAIUHiIffigI tan suyen IT'S been a landmark year for media group Singapore Press Holdings (SPH), what with launching two new newspapers, Project Eyeball and Streats, listing its Internet subsidiary, SPH Asia One, and moving into broadcasting through SPH Media Works. So what would itsABDUL AZIZ HUSSIN/ST - 463 words
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Article, Illustration611 2000-10-07 3 r sivanithy - r sivanithy HERE'S a quick question for market watchers: We all know September was a pretty dismal month for stocks because of rising oil prices and Nasdaq volatility, but which local stock bucked the trend by rising almost every day and hitFILE PHOTO - 611 words
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Article, Illustration505 2000-10-07 4 David Boey - SGZ Electronics Index sheds 12% in six sessions to touch a 11-month low of 137.32 By David Boey FEARS of more profit warnings from electronics majors in the United States continued to haunt the market, sending the 22-share SGX Electronics Index to a 11-monthSource: Bloomberg - 505 words
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Article, Illustration375 2000-10-07 4 Bloomberg SINGAPORE Airlines Ltd (SIA), Asia's ninth-largest carrier by passengers carried, said it's in talks with the Tata group of India to bid for a 40 per cent stake in national airline Air India. Ratan Tata, Tata Sons chairman,Bloomberg; REUTERS - 375 words
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Article60 2000-10-07 4 Bloomberg [MELBOURNE] Davnet Ltd said it has formed an alliance with Harmony, a Singapore joint venture operated by Telstra Corp and Keppel Telecommunications Transportation to sell Internet and telecoms services. Melbourne-based Davnet, an Australian telecoms company, said its Singapore unit and Harmony would jointly sell andBloomberg - 60 words
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COMPANYBriefs
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Article135 2000-10-07 4 INDUSTRIAL rubber Supplier GRP Ltd yesterday said it will raise $1.96 million in net proceeds from a share placement. GRP had signed a agreement with Ong Company to place out 9.2 million new shares at 22 cents each. The price of the shares is135 words
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90 2000-10-07 4 MCL Land and Ho Bee yesterday said they were awarded two land parcels at Hougang by the Housing and Development Board after emerging the top bidders Jp the tender exercisi. The two developers had joined fercaft to bid tor the two iftots90 words
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Article96 2000-10-07 4 TWINWOOD Engineering said Islandwide Investment yesterday exercised the option to buy 060 millionnew shares in the company for $52.8 million cash, or 8 cents a share. The shares represent 75.1 per cent of Twin wood's enlarged capital Vickers Ballas Co, acting for Islandwide, said, in96 words
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Article4569 2000-10-07 4 N«t Mm CPS LMT Hldgs Sep 19 I 0.777 1.166 0.39 0.79 Date TY LY TY LV L-Jacpbprg Sap 12 I 14.562 12.366 8.60 7.40 Cewwanv ann tsm) (>m> (cts) (cts) LiangHuat Sep 27 1.394 2-263 0.26 0.47 Links Island Sap 29 I 0.530 2.163 0.314,569 words
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Page 5 Advertisements
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Advertisement1360 2000-10-07 5 The Directors have pleasure announcing the audited results for the year ended August 31,2000. GROUP COMPANY jk p nr ,|x f 2000 1999 Qnnge 2000 1999 Change m Results $*000 $*000 $*000 $*000 I Turnover 1,052.747 844,798 24.6 995,324 795,942 23.2 Income from investments 16.4 14,113 15,885 11J Dividends from1,360 words
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SINGAPORE markets
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Article476 2000-10-07 6 Stocks Volume NaJEteclOc 17,776,000 •Olye-SoJn 12,872,000 Sea town 5c 9,719,000 STEngg 10c 6,126,000 PacificCenturylOc 5,387,000 SPHAsiaOne5c 5,144,000 Keppei LandSOc 4,895,000 Eastern Asia 4,678,000 Omni Ind 10c 4,666,000 WlngTai2Sc 3,829,000 Stocka _S NatElec 10c 66,211,726 DBSQrp 37,945,070 Chart Semiconductor 26c 29,871,944 SPH 27,007,100 SIA 24,068.335 VentureMtg25c 21 ,213,748 Oatacraft 10c 20,544,401476 words
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Article, Illustration540 2000-10-07 6 r. sivanithy - STI falls 32 points —same see it as selling in despair STOCKS r.sivanithy BROKERS were mystified by the sudden selldown in the local market yesterday, and for want of a better explanation put it down to "profit-taking due to a technical breakdown". As one institutional dealer said: "Foreign clients are540 words
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Article, Illustration209 2000-10-07 6 R Sivanithy - WARRANT WATCH -By R Sivanithy THE $30 minimum brokerage fee has widely been criticised as a disincentive to small trades. This is because for trades below $4,000, $30 is more than what was paid previously. Since numerous warrants209 words
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Article, Illustration248 2000-10-07 6 Serena Ng - HOT STOCK -By Serena Ng THE stock of computer maker and distributor GES International has slumped in recent trading and a recovery does not look close. It finished flat yesterday at $1.39 after hitting a year-low of $1.36 intra-day. A total of 2.2 million248 words
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Article149 2000-10-07 6 ♦CWT Distribution Ltd said that Bernard Chen has resigned from the board of directors with effect from Oct 1. Tay Beng Khim has resigned as secretary with effect from Sept 12,2000. A new secretary, Lye Siew Hong (Mrs Lynda Goh), has been appointed with effect from Sept 13,2000.149 words
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Article, Illustration319 2000-10-07 6 larry wee - CURRENCIES larry wee A LARGELY unexpected 0.25 per cent hike in short-term euro interest rates overnight failed to boost the euro yesterday, and this translated into a new low for the Australian dollar, a weaker pound and New Zealand dollar. ButSource: Reuters - 319 words
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Page 6 Advertisements
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Advertisement17 2000-10-07 6 Wall or fast Lt cash! Convert your spare items to fast cash. Call C.A.T.S. at 1800-737-1166. rastaas17 words
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Advertisement47 2000-10-07 6 Grow Your CPF With eiBht Important All applications (or units in eight must be made on the application forms accompanying the prospec'us Investors must read the prospects The value of the units and the income from them may fall as well as rise >X<i >1 iSBAf h-47 words
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Advertisement9 2000-10-07 6 UOB revises year-end USSforecast to Ssl. 76, Pg 79 words
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SINGAPORE news
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Article, Illustration543 2000-10-07 7 Siow Li Sen - Move is part of its 'wealth management personal banking strategy' By Siow Li Sen HSBC plans to open a second branch in the heartlands, the domain of the five Singapore banks. In July, HSBC opened a branch in Bishan theCHRIS LOH - 543 words
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Article, Illustration300 2000-10-07 7 AnnaTeo - r=M 3 on the economy outlook -By. AnnaTeo ECONOMIC growth in the third quarter may again surprise on the upside, say DBS Bank economists, who venture a forecast of 8-9 per cent. A survey of some 30 economists last month by the MonetarySource: CEIC - 300 words
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Article, Illustration444 2000-10-07 7 Vivien Ng - By Vivien Ng TOP American medical institution Johns Hopkins has refocused its plans from a 2.7 hectare hospital site to a 10,000 sq ft ward in the National University Hospital. Explaining the change at a news conference yesterday before the openingARTHUR LEE - 444 words
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463 2000-10-07 7 Larry Wee - Also: S$ interest rates not likely to rise mnch, it says By] Larry Wee THE US dollar could end this year stronger than expected, thanks mainly to the fragile euro and untidy politics that will keep regional currencies depressed at least in the463 words
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284 2000-10-07 7 Cheah Ui-Hoon - It will be followed by SSO show at Petron&s Towers By Cheah Ui-Hoon CULTURAL ambassadors in the true sense of the word, the Singapore Dance Theatre (SDT) performs in Kuala Lumpur this weekend as part of an international dance festival, proving arts284 words
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174 2000-10-07 7 RAFFLES Holdings yesterday beat Banyan Tree Hotels and Resorts and Mobile One (Asia) to clinch the Singapore Marketing Award 2000. CAD-IT Consultants (Asia) won the small and medium enterprises (SME) category for the second time. Raffles Holdings' award is for the open category. The174 words
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Article539 2000-10-07 7 Tan Keng Soon - Tan Keng Soon I WOULD like to make two suggestions that will be helpful to the Singapore Exchange (SGX). The first concerns our odd-lot market. I think it is time for it to be scrapped. Trying to buy or sell in the odd-lot market is539 words
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187 2000-10-07 7 Denis Distant - Denis Distant I REFER to the article "T+3 blamed for low SGX trading volume" (BT, Oct 6). A source was quoted saying: "House traders are responsible for most of the volume we see every day. Because they are day traders, they need to187 words
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75 2000-10-07 7 Kate Lovell, Robert Walters - Kate Lovell, Robert Walters FURTHER to the article "Financial professionals' salary up 16%" (BT, Oct 4), we would like to clarify that while the information in the article is correct, the salaries quoted relate to years of experience after gaining a professional accounting qualification75 words
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Page 7 Advertisements
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Advertisement70 2000-10-07 7 We welcome letters. j E-mail us at Dtiettene sph.com.9g or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, l| Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. J| Please use temperate language,70 words
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e-NEWS
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637 2000-10-07 8 HARDWARE WOES Other top computer makers hurt in chain reaction Reuters [NEW YORK] Shares of Dell Computer Corp fell to their lowest point in two years on Thursday, pulling the rest of the computer maker sector with it a day after theReuters - 637 words
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Article, Illustration468 2000-10-07 8 LONDON FT THE chorus of computer hardware makers blaming weak demand in Europe for their softening results is way off-key, according to analysts. In recent days, Dell and Intel have blamed the continent for warnings of lower-than-expected earnings. Dell warned that revenue growth for the yearFT; Source: IDC; Source: Bloomberg - 468 words
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Article, Illustration392 2000-10-07 8 PARIS France Telecom to launch devices generating scents at simple command AFP AFTER sights and sounds, it may soon be scents that come wafting to you over the Internet, thanks to a startling innovation to be marketed by France Telecom next year.AFP; REUTERS - 392 words
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Article, Illustration478 2000-10-07 8 FT [NEW YORK] Priceline.com's ability to extend its innovative "name your own price" business model beyond airline ticketing was called into question on Thursday when an affiliate run by its founder abruptly announced it would shut. Priceline's stock fell 38 per centFT; AFP; Source: Bloomberg - 478 words
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Article, Illustration273 2000-10-07 8 REDWOOD CITY, California Bloomberg NAPSTER Inc, a music-shar-ing website with millions of users, isn't for sale, its chief executive Hank Barry said in response to a report that he was trying to sell the closely held company. Inside.comBloomberg; FILE PHOTO - 273 words
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Page 9 Advertisements
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Advertisement241 2000-10-07 9 f-' v l INDUSTRIAL PARK I|B I u P Heartiest Congratulations to Paya Übi Industrial Park for attaining T.O.P. We are happy to take this opportunity to offer our well wishes to the developer, Paya Übi Industrial Park Pte Ltd for its attainment of T.O.P for block 1. lIO£J Debenham241 words
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Advertisement33 2000-10-07 9 t PIP Marketing Pte Ltd 8 Lornie Road Singapore *****3 Tel: 344 2002 Fax: 466 5063 Schindler Lifts (Singapore) Pte Ltd 1 Kaki Bukit Place, Singapore *****9 Tel: 748 8611 Fax: 846 221233 words
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REGIONAL news
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463 2000-10-07 10 JAKARTA He says ex-president most face new trial, Tommy must go to prison for corruption AP INDONESIA'S reformist head of state hardened his stand against ex-dictator Suharto and his super-rich family yesterday, insisting that the former leader face a new trial andAP - 463 words
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Article, Illustration142 2000-10-07 10 JOGJAKARTA Oana-Antara FORMER president Suharto's step-brother, Probosutedjo, has offered a US$2 million (553.5 million) reward for whoever can find and prove the alleged illgotten wealth of the former strong man. "I will provide a reward of US$2 million and I challenge those who sayOana-Antara - 142 words
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693 2000-10-07 10 JAKARTA Despite its fading influence, it remains pervasive in Indonesia Bloomberg FORMER Indonesian president Suharto's children may have seen their fortunes turn for the worse in the past few weeks, but don't count them out quite yet, investors and analysts say.Bloomberg - 693 words
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716 2000-10-07 10 JAKARTA Official says it's at least a temporary setback to restructuring efforts Reuters AFX-Asia THE IMF, leading an international bailout of the damaged Indonesian economy, called the country's decision to delay key bank sales "extremely disappointing", saying yesterday that it breachedReuters; AFX-Asia - 716 words
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339 2000-10-07 10 Eddie Toh - MBf Capital to sell its 22% interest to Danamodal for nominal sum From. Eddie Toh in Kuala Lumpur THE Loy family is set to lose total control of MBf Finance, the largest finance company in Malaysia. Listed MBf Capital, which is339 words
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NOTEBook
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87 2000-10-07 10 Bernama [JAKARTA] Close aides of former Indonesian president Suharto yesterday were quick to dismiss rumours in the capital that he had died. Mr Suharto's private secretary Anton Tabah was quoted by an online news service as saying that the former president was quite welL MrBernama - 87 words
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70 2000-10-07 10 Reuters [JAKARTA] Indonesia's defence minister yesterday dismissed rumours that armed forces chief Admiral Widodo, criticised for weak leadership of his wayward troops, was about to be sacked. But Mahfud MD hinted that the army chief, General Tyasno Sudarto, who effectively holds the secondReuters - 70 words
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60 2000-10-07 10 AFP [HANOI] Work has started on a new software park in the commercial capital of Ho Chi Minh City which Vietnam hopes will become its Silicon Valley, municipal officials said yesterday. The city expects the 40 hectare park to employ 20,000 people by the endAFP - 60 words
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71 2000-10-07 10 Reuters [JAKARTA] Protesters yesterday disrupted the Sumatran operations of PT Caltex Pacific Indonesia; tiie country's biggest oil contractor, and could cause an. output drop of barrels per day, a oonmSft\ official said. Dozens of jobless locals demanding work took over trucks at Caltex and wereReuters - 71 words
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62 2000-10-07 10 Bloomberg [MANILA] Philippine National Bank received more than 10 billion pesos (***** million) of new funds, replenishing its capital and helping it avert seizure by the government. "We have confirmed that PNB has received over 10 billion pesos cash ihfusion from Lucio Tan andBloomberg - 62 words
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Article, Illustration803 2000-10-07 11 yYang razali kassim - ASEAN VIEW ASEAN MEETING Afta can easily survive one bump on the road with the right Asean spirit yYang razali kassim ASEAN economic ministers have been meeting in Chiangmai this week for their annual talks, the third time since the 1997 regional803 words
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Article, Illustration607 2000-10-07 11 Yang Razali Kassim - Ministers agree instead on Closer Economic Partnership process From' Yang Razali Kassim in Chiangmai A PROPOSAL to form a free trade area between Asean and the Closer Economic Relations (CER) nations comprising Australia and New Zealand faced a wall of resistance fromAFP - 607 words
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Article, Illustration386 2000-10-07 11 AFX-Asia [TAIPEI] The key stock index posted its biggest one-day gain in seven months as government funds bought Taiwan Semiconductor Manufacturing and other shares to shore up confidence following the resignation of the premier and finance minister this week, investors said.AFX-Asia; REUTERS - 386 words
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Page 11 Advertisements
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Advertisement785 2000-10-07 11 NOTICES To advertise call toll-free 1800-741 1883 Fax No 741 1298 IN THE MATTER OF THE COMPANIES ACT. CARSO AND IN THE MATTER OF LAPPEMAN EPIC DIAMONDS PTE LTD (In Members' Voluntary Liquidation l NOTICE OF FINAI MFFTINf; NOTICE IS HEREBY GIVEN thai pursuant to Section 308 of the Companies785 words
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Advertisement23 2000-10-07 11 Kg&mmwmm M TODAY tH I lianhe Zaobao and joy of starting a business here Views from Taiwanese head of business association mmt&ik «Ssjr23 words
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WORLD news
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611 2000-10-07 12 NEW YORK Intel, Apple woes seen as reality check that tech industry is cyclical LAT WITH the Nasdaq composite stock index down 18 per cent since Sept 1, investors wonder if they are seeing a second leg of the technologystock revaluation that began withLAT - 611 words
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Article, Illustration563 2000-10-07 12 TOKYO 28 iqjnred in quake measuring 7.3 on Richter scale Bloomberg Reuters JAPAN'S stock markets tumbled after Japan's strongest earthquake in five years shook broad swathes of western regions yesterday. There were no deaths. The earthquake, measuring 7.3 on the Richter scale,Bloomberg; Reuters; AP - 563 words
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367 2000-10-07 12 WASHINGTON Data casts doubts on theory of softening job market Reuters THE US unemployment rate sank back to 30-year lows in September as employers added to their payrolls at a moderate rate, the government said yesterday, calling into question beliefs theReuters - 367 words
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Article, Illustration490 2000-10-07 12 AP Reuters RUSSIA yesterday joined the international outpouring of support for the forces that toppled Slobodan Milosevic, stripping the disgraced regime of its key backer and helping Yugoslavia's new leaders solidify their control. Mr Milosevic, whose 13year rule unravelled on Thursday after scores ofAP; Reuters; AFP - 490 words
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521 2000-10-07 12 SEOUL Move may rekindle interest from GM, D&imlerChrysler Bloomberg DAEWOO Motor Co's lenders will allow the break-up of Korea's second-largest automaker to attract buyers after trying unsuccessfully for more than a year to sell the company as a whole. The headsBloomberg - 521 words
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WORLDWatch
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81 2000-10-07 12 Reuters [LONDON] Consumer goods giant Unilever is in talks to sell most of its Elizabeth Arden cosmetics division. The Times said yesterday. Quoting no sources, the newspaper said that FFI Fragrances, a small US cosmetics firm, would pay around US$3OO million (*****.28 million) for theReuters - 81 words
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64 2000-10-07 12 Bloomberg [SYDNEY] Granada Media pic has acquired a 17.9 per cent stake in Village Roadshow Ltd, Australia's largest radio and cinema company, as part of its £1.75 billion (514.43 billion) purchase of Independent Television. London-based Granada, 82 per cent owned by Granada Group pic,Bloomberg - 64 words
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Article97 2000-10-07 12 Bloomberg [ATLANTIC CITY] Carl Icahn's Sands Hotel Casino made a bid for the bankrupt Claridge Hotel and Casino Corp, Sands said in a filing with the Securities and Exchange Commission. Sands said its parent company, GB Holdings Inc, offered 7.2 million of its closely heldBloomberg - 97 words
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475 2000-10-07 13 Options worth USss2.7m go to president Peter Chernin as stock rises 78% in year Bloomberg AP [WASHINGTON] News Corp gave stock options worth US$l26 million (Ss22o million) to eight of its top executives last fiscal year. This included grants worthBloomberg; AP - 475 words
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Article, Illustration637 2000-10-07 13 PEOPLE Reuters HE already has a supermodel wife, a passion for risky sports and one of the most powerful media job* in the world. What will Lachlan Murdoch do after he turns 30? Part of that question was answered yesterday, when itReuters - 637 words
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Article, Illustration660 2000-10-07 13 Leon Hadar - Both Lieberman and Cheney appear natural, relaxed From 1 Leon Hadar in Washington "MANY Americans would probably be asking themselves tonight why the two vice-presidential candidates are not the ones leading the Democratic and Republican presidential tickets." This was the way one political punditAP - 660 words
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421 2000-10-07 13 NEW YORK This is to meet threat from other trading systems Reuters THE New York Stock Exchange (NYSE) will introduce a new package of trading technology products, designed to offer different ways to carry out stock trades, by the middle of next year.Reuters - 421 words
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FINANCE & commodities
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Article296 2000-10-07 14 Lau CheeKeong - SGZ Derivatives TnMn&Report ST Xndeat/MS&S'pore Index Lau CheeKeong THE Singapore Straits Times Index lost ground yesterday following the slump on Nasdaq overnight. The technology sector was again the main loser. Investors also took profit on banking shares as they felt the gains by banking stocks296 words
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238 2000-10-07 14 Lau Chee Keong - MSCI Taiwan Index Lau Chee Keong TAIWAN stocks continued to make strong gains yesterday on the back of aggressive intervention by state funds. The swift Cabinet reshuffle boosted sentiment. Nasdaq, as expected, closed lower overnight on the profit warning by Dell Computer but238 words
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Article160 2000-10-07 14 ENERGY REPORT Reuters [LONDON] Oil prices recovered some ground yesterday after big losses triggered by progress in the release of US emergency supplies aimed at easing winter supply shortages. Benchmark Brent blend crude was 23 cents higher at U5530.12 a barrel, weU above an averageReuters - 160 words
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Article313 2000-10-07 14 Reuters London THE euro yesterday bounced from its lowest levels against the US dollar since last month's concerted central bank intervention as the market remained jittery about prospects that monetary authorities could strike again soon. Disenchanted by the euro's inability to draw support from Thursday's surprise interest rateReuters - 313 words
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Article, Illustration1278 2000-10-07 14 DtTERBAMK CROSS RATES (M C$ »ml» Eiro Ffr Dm HKS Ind »s Nptah Yen Woo BM MZ$ Mih hio S$ »nd $fr MT$ MX Hmt ll$$ Australia 0.796 4.4M 0.610 4.002 1.193 4.145 24.519 46.762 0.579 6.200 2.021 1326 31.873 24.671 0.930 3J67 0.930 16.644 W? 0267 Oftg Canada L2561,278 words
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Article1864 2000-10-07 14 8IC0M FUTURES Oct RUMCR (Mures closing as at U0p«) RSS1 CONTRACTS centsAq) Close Votame Open Month High Low Sott (towns) Interest Nov 00 117.50 OK 00 119.75 Jan 01 ***** 50 Feb 01 122.50 50 RSS 3 CONTRACT (US cntaflup Votame Opto Month High Low Sott (tomes) Interest Ho* 001,864 words
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STOCKS east asia
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Article366 2000-10-07 15 AFP Hwpindn +324J8 TAIWAN share prices jumped 5.4 per cent yesterday on bargain-hunting led by government buying after the new Cabinet was sworn into office, dealers said. The Taiwan Stock Exchange Weighted Price Index rallied 324.02 points to 6,353.67, on turnover of NT597.4 billion. "Investors rushed to hunt forAFP - 366 words
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1976 2000-10-07 15 TOKYO AFP Q Nikkei 225 -106.02 SHARE prices in Tokyo fell 0.7 per cent yesterday as investors dumped shares on concerns about the economic impact of an earthquake which struck one hour into the afternoon session, brokers said. The Tokyo Stock Exchange's Nikkei--225 Index lostAFP - 1,976 words
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Page 15 Advertisements
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Advertisement84 2000-10-07 15 ♦The Hongkong, Shanghai and Shenzhen stock markets were closed yesterday BUY<* SELL* FIND** Classified ads make just about anything an easy sell. No matter what it is, you can always buy it, sell it or find it with the Classified TOLL FREE 1800-737-1166 EST Call Today For Results Tomorrow. 984 words
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STOCKS klse
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Article, Illustration411 2000-10-07 16 AFP F1 Compositelndex +&39 MALAYSIAN shares closed 0.8 per cent higher yesterday as institutions bought blue chips towards the close, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 5.39 points at 709.55. The Second Board was up 0.38 of a pointAFP - 411 words
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Article7861 2000-10-07 16 COMMNT profectl 2000 Lot Vol Day N«( Cap Low ClW»««y m -000 Mm> Lpw P/I 420 MO A»lnomoto 324 4 2 324 324 17.7 1313 156 47.5 Angkasa 49 unci) 1 49 49 72J 670 290 Apollo Food Mtg 420 9.1 168.0 3725 2700 BAT50C 3600 75 65 3600 35757,861 words
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Page 16 Advertisements
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Advertisement56 2000-10-07 16 HOME IN ON HOU I f r P t unr Orient Un#% i Jni INVSSTM* NT POKTTOUO II J ml m IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults In Singapore daily. The Straits Times The Business Times Lianhe56 words
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SGX clob & regional stocks
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Article2781 2000-10-07 17 BONDS WARRANTS mb W Ml M Ciffcy U L" 4 UiU>Hi *tf M Cast (at Mk una W# lea Claim Sato CM*) N# U» M> Ma MM Mk Ma ImHnT UN 515 5 1 Acma ******4 5.5 -1.5 20 5.5 5.5 5 7 6 41.0 1 300 273 14.91 92,781 words
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Article303 2000-10-07 17 AFP fl Composite Index +106 SOUTH Korea's Composite Index closed up 2.06 points at 608.85. Volume was 367.2 million shares worth two trillion won.—AFP Oct* «M Anem Semi 7000 -240 Brain Tecft 745 -30 Central Bank 165 60 Chell Comm ***** -WOO Dm Ou Bank 2T50 -70 PaesangCorp *490AFP - 303 words
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Article281 2000-10-07 17 AFP P Composite Index -Oil PHILIPPINE share prices closed little changed yesterday despite moves by the central bank to stop the peso's decline. The Philippine Composite Index ended down 0.11 point at 1,389.00. Turnover rose to 568.7 million shares worth 501.4 million pesos. —AFP art Hm *h fWW MRCAFP - 281 words
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Article267 2000-10-07 17 AFP QNZSE-40 +IM7 NEW Zealand shares climbed 0.9 per cent yesterday In a rebound from a 22-month low, dealers said. ABN Amro broker Nick Caughey said sentiment remained fragile. The NZSE-40 Capital Index closed up 16.47 points at 1,928.56 on turnover of NZ5107.6 million. —AFP ws m *h amAFP - 267 words
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Article556 2000-10-07 17 AFP DllONißria -15JS AUSTRALIAN share prices fell 0.5 per cent yesterday as a slide in media giant News Corp dragged the whole market down, brokers said. The benchmark All Ordinaries Index fell 15.5 points to 3,244.8 while the SP/ASX 200 lost 17.8 points to 3,293.5. The All Industrials IndexAFP - 556 words
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Article, Illustration726 2000-10-07 17 AFP PI SET Index -LB3 THAI shares fell 0.7 per cent yesterday in light trading due to an absence of positive market news, dealers said. The Stock Exchange of Thailand (SET) Index edged down 1.83 points to close at 267.68 and the SET 50 Index fell 0.14 point toAFP - 726 words
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Article, Illustration644 2000-10-07 17 AFP QComposztelndez -lJ INDONESIAN share prices closed 0.4 per cent lower yesterday on profit-taking with no fresh leads to spur interest, dealers said. The Jakarta Composite Index closed down 1.9 points at 422.0 on a volume of 470 million shares worth 236.6 billion rupiah. Trimegah Securities institutional dealer ImeldaAFP - 644 words
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Page 17 Advertisements
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Advertisement6 2000-10-07 17 A J TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING.6 words
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Article7179 2000-10-07 18 SGXMAIMBOARD Transaction date: Oct 6 Ci—pny sS» rooo» tm 0 turn injST °««iiLr cw £3 mS MM—Will tS.s 7 imc ff 2 M 7 5 V 105.4 18.5 s Alia FppdtPrpp 245 unch 1122 25 24 24.5 25 Ml 71,1 2 64 24 > Brlpr1pyH210c_ 25 uM> 15237,179 words
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Page 18 Advertisements
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Advertisement18 2000-10-07 18 jMtiL I Photo essay a creative way to recruit the right talents. I HHHHBEII HHHHHHHHi CZSSE3 i 1800-741-186318 words
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Page 19 Advertisements
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Advertisement229 2000-10-07 19 Where to wine, dine and entertain../"*sa SS;2t2?«£ll M|£o«£ Enjoy our ever-popular Japanese favourites for lunch and in the evening, tuck into a wide selection of Japanese, Asian and Western dishes like Sashimi, Roti Prata, Murtabak, Drunken Chicken and Roast Sirloin Beef. Japanese Buffet Lunch $23.90 (Adult), 40% discount (Child) Euro-Asian229 words
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Advertisement60 2000-10-07 19 r o j Q O 1 ■Ml HOTEL GRAND CENTRAL LIMITED I 22 Orchard Road/Cavenagh Road. Singapore *****7 I Tet 737 9944 6*t 400/02 Fa*; 733 3175 M over the others. b Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers daily. Contact Patrick60 words
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Advertisement20 2000-10-07 19 > Wine, Dine Entertain of The Business limes I Contact Patrick Ang 740 1284 I or Amy Choo@ 740 1559 now.20 words
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Advertisement84 2000-10-07 19 i tX> r IL™*K -*<: Buffet Dinner: Bto 13 October W k^/W L .jTp- 7:00 pm to 10:00 pm i m\' f (last order) n 1 />-* 3< i 1 'fully booked on 8 October -W j-j j $46nett per person S4onett for Mandarin j Dine-Amies Members The Belvedere •i84 words
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Page 19 Miscellaneous
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Miscellaneous852 2000-10-07 19 iiw uugnicjj I ill iu j, vjaiui uuy fcwww f ;f ii I fiTTßTl————— Central 12,00 MN Beyond Belief. 7.00 Tekno-I. man. iwm am i/iHc fontrai- tvio AM Tonight WithGur- 730 Wanita Gaya: Batik LOO Headlines. I Bi.Bufshow Carmanita. Utt Star s Time Out with ooar Si if- I- 00852 words
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Miscellaneous290 2000-10-07 19 CRYPTIC CROSSWORD ACROSS 5 Like some salad collected? 8 Anticipation that weed will ab- (4,2,1,8) sorb phosphorus (4) 6 Season weN (6) 9 Was obliged to recite poem (3) 7 Fortified house for prime minis--10 Bird's enormous victim (6) ter (4) 11 Dying for cigarette, having to 14 Flap as290 words
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The Arts
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Article, Illustration2017 2000-10-07 20 CHEAH UI-HOON; PARVATHI NAYAR - More Singapore artistes are packing their bags and heading abroad not to seek greener pastures, but as the country's cultural ambassadors, with blessings of bodies like NAC and STB. pabtaibi nay ah and tWTT! g ui-hoom talk to the roving troopers and their supporters CHEAH UI-HOON PARVATHI NAYAR WHILE container-loads2,017 words
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Article, Illustration309 2000-10-07 21 Aaron Lye - By Aaron Lye CLASSICAL Indian dance ana rouer-sKates it sounds more like somebody's idea of a cute Joke, but it's not. As it is with all rules, there is always room for an exception in this case, dance and sport merge into a serious fusion309 words
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Article, Illustration1090 2000-10-07 21 CHEAH UI-HOON, PARVATHI NAYAR - Art Singapore made a sparkling debut, and visitors, artists and gallery owners are already asking for a bigger and more prestigious affair in 2001. cheah ux-hoon and parvatbz natar report CHEAH UI-HOON, PARVATHI NAYAR BIGGER and more prestigious, that's what visitors, artists and gallery owners say the nextARTHURLEE - 1,090 words
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Article, Illustration505 2000-10-07 21 Aaron Lye - By Aaron Lye WHAT'S short, curly and a fun way to spend the weekend? Judging from what Golden Village's Great World City cinemas are screening this weekend, British short films, apparently. Organised by the British Council and the Singapore Film Society505 words
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Article, Illustration608 2000-10-07 21 Felicia Yap - Riverdance has sparked new interest among Irish yonths in traditional dance and mnsic By Felicia Yap IT'S not, of course, the first Irish show to reach out to international audiences. But even as Riverdance continues to electrify millions across the globe with its distinctive brand608 words
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Article, Illustration728 2000-10-07 22 PARVATHI NAYAR - A Greek epic, Canadian choreographer and lighting director, an Indian dance form blend into a unique East-West fusion on stage, parvathi n&tar talks to the main players PARVATHI NAYAR EPICS the world over are strangely similar, in the way they look at the human condition through grand themes728 words
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Article858 2000-10-07 22 M Ya ctha - Compiled by M Ya ctha MUSIC Singapore Symphony Orchestra SSO Sounds of Asia Series China-born virtuoso Xu Ke plays the huqtn solo in the eminent Chinese-American Chen Yi's Fiddle Suit*, a newly composed work that blends Chinese traditional music with Western orchestral textures. Oct 7,8.15pm at Victoria Concert858 words
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Article, Illustration291 2000-10-07 22 The Buzz: Die .h iutw rn iivj is th< tn -i in ;i <it idnratioll;ll ;***** stininl n iii j talk- ur.Miiisi'd I»\ .i *_•.11 i• ■i v ,iikl .i mult i ilix iplinaiA ;h k< <• nt> tor ni>\ iiv- ind <"st.'ihlis|i)'<l «olliviuis alike The Plot and Players:291 words
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