The Business Times, 9 March 2002

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Total Pages: 16
1 16 The Business Times
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  • Title Section
    Lock icon Masthead
    7 1 THE BUSINESS TIMES weekend MARCH 9*lo, 2002
    7 words
  • Article
    Lock icon Fund manager hit with a double whammy
    581 1  -  EXCLUSIVE $117,000 currency loss turns to $750,000 legal bill for APS Asset Management MD By I Catherine Ong [SINGAPORE] Malaysia's sudden and draconian measures to control the external flow of its currency in 1998 hurt many banks and their customers. And for Wong
    581 words
  • Article
    Lock icon Dow up 92 points at 11am EST
    116 1 AFP, AP [NEW YORK] Stocks opened sharply higher yesterday in the wake of a stunning jobs report that showed unexpected growth in the labour market as further evidence of a US economic rebound. At 11 am EST the Dow Jones was up 92.03
    AFP,; AP  -  116 words
  • Article, Illustration
    Lock icon Wee stands UOB in good stead by taking the pain now
    822 1 qaak hlanf whai WEE CHO Yaw has wasted no time to do his house-cleaning. For months, market talk had it that Mr Wee's United Overseas Bank (UOB) might have ended up with more troubled loans than it bargained for
    CHRIS LOH  -  822 words
  • Article, Illustration
    Lock icon Mid-Continent case: Ex-Ipco chairman Dick Gwee convicted
    522 1  -  Partner also found guilty; sentencing expected on Friday By\ Serena Ng [SINGAPORE] Former Ipco International chairman Dick Gwee Yow Pin and businessman Tan Hong Pheng have been found guilty of manipulating the market for Sesdaq-listed Mid-Continent Equipment Group shares in July 1996. The
    TAN SUAN ANN/ST  -  522 words
  • Article, Illustration
    Lock icon Civic networks can rein in religious violence
    894 1  -  1 A Y SOAPBOX, karim raslan THE horrendous cycle of violence and revenge killings in the Indian state of Gujarat has convinced many people that societies with substantial Muslim communities are inherently unstable and dangerous. Maybe I'm being unnecessarily sensitive, but much of
    894 words
  • Page 1 Advertisements
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  • in the news
    • Article, Illustration
      Lock icon Market fails to exploit TPV arbitrage gap
      618 2  -  r sivanithy IF an example is needed of just how inefficient the local stock market can be, all investors have to do is study the trading of dual-listed TPV Holdings, where an amazing arbitrage profit of 11 per cent was available yesterday. If,
      618 words
    • Article
      Lock icon MARKETS
      76 2 ST! 1,798.99 (+4.68) BT-SRI 745.99 (+3.61) ST INDEX FUTURES M 03.00 (+3.00) SIMSCI FUTURES 227*0 (-0.10) Friday Change KLSEOOMP 747.63 +591 NIKKEI 225 __l +237 45 HANG SENG _11,233.23 +4616 SET INDEX 390.65 -102 JAKARTA COMP _475.12 -2.73 MANILA COMP .1,432.19 -0,t7 TAIPEI WPI 6,011.65 -36.50 SEOUL COMP *****
      76 words
    • Article
      Lock icon FINANCE
      73 2 FOREX RATES US* S* IJS$ (S$ perUS$) 1.822 S(l'SS/S$ per 1.425 1587 EL'R0(1'S$/S$/E). 0.800 1.603 DM 2223 1.220 YEN 127 J 70.10 RM 3.800 2.086 HK$ 7.800 4.281 BAHT 43.26 23 74 RI'PIAH 9585 5,480 PRIME RATES SINGAPORE* MS KUALA LUMPUR 6 40 HONG KONG 5.125 JAKARTA 39.00 TAIPEI
      73 words
    • Article, Illustration
      Lock icon Greenspan knows something we don't
      767 2 ANALYSIS NYT IN JUST over a week, in Alan Greenspan's view, the economic recovery has gone from a maybe to a certainty. "Recent evidence increasingly suggests that an economic expansion is already well under way," Mr Greenspan told the Senate Banking Committee on Thursday. On
      NYT  -  767 words
    • Article
      Lock icon US recovery will lift Japan, SE Asia: Greenspan
      301 2 But Japan will keep struggling wtth deflation for some time Dow Jones Newswires, Bloomberg [WASHINGTON] Federal Reserve chairman Alan Greenspan said on Thursday that the US economic recovery should brighten the economic outlook of Japan and many South-east Asian countries. "I would
      Dow Jones Newswires,; Bloomberg  -  301 words
    • Article
      Lock icon Mitsui's $4b cracker plans put on hold
      566 2  -  Poor demand, fresh competition force By\ Loh Hui Yin [SINGAPORE] Poor demand and stiff competition from new capacity in China have forced the reassessment of a $4 billion plan to build Singapore's fourth ethylene cracker. Mitsui Chemicals president Hiroyuki Nakanishi said yesterday: "Our
      566 words
    • Article
      Lock icon Court ruling in ringgit case came too late, say bankers
      558 2  -  Many banks had split losses with customers for commercial reasons By I Catherine Ong [SINGAPORE] Too late, bankers said yesterday of a Court of Appeal ruling that an offshore bank in Singapore acted legally when it closed out ringgit accounts
      558 words
    • Article
      Lock icon E-bank finatiQ to be rebranded Bank of S'pore
      423 3  -  COO says move is to distance itsetf from dotcom image and widen appeal By, Angela Tan STANDALONE e-bank finatiQ will be phased out gradually and will be known as Bank of Singapore, in a strategic move away from the dotcom image. In
      423 words
    • Article
      Lock icon UOB posts 1.3% profit rise, pips DBS, OCBC in productivity
      694 3  -  It remains the most profitable in terms of ROE —10.8% vs OCBC's 9.4% and DBS' 8.9% By I Siow Li Sen UNITED Overseas Bank yesterday reported a 1.3 per cent rise in net profits to $924.6 million for 2001 and
      694 words
    • Article
      Lock icon No share placement to dilute ST's stake: CapitaLand
      315 3  -  By Vince Chong CAPITALAND yesterday refuted market rumours that it was planning a share placement that would dilute the stake of its parent, Singapore Technologies (ST). A Capita Land spokesman said: "We are not aware of our major shareholder, Singapore Technologies, currently
      315 words
    • Article, Illustration
      Lock icon SPH opens new HQ in Toa Payoh
      97 3 'And morning coffee in the office would not be the same without The Business Times. These, and others in the SPH family, are tried and trusted brand mimes that we have come to depend on for accurate, reliable, and up to date news
      GEORGE GASCON/ST  -  97 words
    • Article
      Lock icon High provisions send FCC into the red
      266 3 FIRST Capital Corp reported an expected interim net loss of $183 million yesterday, saying it will go into the red for the full year. The group, controlled by Malaysian tycoon Quek Leng Chan, has issued a profit warning in January on its half-year
      266 words
    • Article
      Lock icon ASJ profit slips 11% on lower demand, margins
      245 3 ELECTRONICS company ASJ Holdings recorded an 11 per cent fall in profit last year to $7.5 million, as turnover slipped 27 per cent to $43.6 million. The firm attributed the decline in profit to lower demand and thinner margins. Turnover from manufacturing
      245 words
    • Article
      Lock icon HSBC to maintain assault on local consumer market
      324 3 HSBC says there will be no let-up in its aggressive campaign to win new customers, as it sees market opportunities amid the slump. Head of personal financial services, Nick Winsor, said yesterday new promotions will start next month after the bank's current
      324 words
    • Article
      Lock icon GK Goh profit dives 94% to $997,000
      251 3 GK Goh Holdings said yesterday its FY2OOI profit plunged 94 per cent to $997,000, from $17.5 million a year earlier. The broker, which expected to post a full-year loss, said its results were helped by an increase in placement activity in November and
      251 words
    • Article
      Lock icon Chartered CEO to sell 82,000 ADRs in May/June
      174 3 CHARTERED Semiconductor Manufacturing said yesterday its chief executive officer Barry Waite will sell 82,000 American Depository Receipts equivalent to 820,000 Chartered shares between late May and midJune, under a structured programme. It said in a statement that Mr Waite will exercise options
      174 words
    • Article, Illustration
      Lock icon 3 projects slated for launch in 2nd quarter
      484 4  -  Theyare 99-year Amaryllis ViNe in Newton, 999-year Mill Point in Zion Road, freehold Blissville in BukH Timah By Vince Chong AT LEAST three medium-to-large projects are expected to be launched soon in the more-prime districts, with developers expected to hold average prices
      FILE PHOTO  -  484 words
    • Article, Illustration
      Lock icon Feb demand for execs dives 53%
      303 4  -  Jobs -By] Ling Su Ann DEMAND for executives slipped 53 per cent in February, after climbing back to pre-Sept 11 levels the previous month. Compared with a year ago, the market for executives has shrunk to about a quarter of what it was. Search
      Source:  -  303 words
    • Article
      Lock icon 4 named to Sentosa Devt Corp board
      210 4 SENTOSA Development Corporation (SDC) has announced the addition of four new members to its board, in what some may view as a bid to help keep the island attraction from becoming another forgotten amusement park. Among the new members is Darrell Metzger, who
      210 words
    • IN BRIEF
      • Article
        Lock icon Unisteel major shareholders unload shares
        92 4 Reuters UNISTEEL Technology Ltd, a Singapore-based maker of fasteners for hard disk drives, said yesterday its two major shareholders had sold 22.8 million shares, •or almost 12 per cent, of its share capital. The company said the placement was at 73.5 cents each, a 9.3
        Reuters  -  92 words
      • Article
        Lock icon Dragon Land posts massive $26m loss
        78 4 KEPPEL Land associate Dragon Land has reported a whopping loss of $26.1 million for the year ended Dec 31,2001, against a profit of $35,000 in 2000. The loss was made despite a 6B per cent increase in revenues to $7 j) million. The developer
        78 words
      • Article
        Lock icon Hiap Moh profit falls 39% to $1.3m
        42 4 HIAP Moh Corp Ltd, a paper and printing company, saw a 88.7 per cent fall in profit to $1.3 million for the year ended Dec 31,2001. Turnover dipped by 1J per cent to $49.5 million.
        42 words
      • Article
        Lock icon IPS reports 74% drop in profit to $2.2m
        50 4 PROFITS at International Press Softoom, a software and printing company, plunged 74.4 per cent to $2J2 million for the year ended Dec 31,2001, due to higher depreciation and rents, coat of materials, and prtoe competition. Revenues were up slightly at $71.7 million
        50 words
      • Article
        Lock icon Strike Engg interim gain down 31%
        45 4 CONSTRUCTION company Strike Engineering s yesterday reported a net profit of $*****0 for the half-year to Dec 31, aooi, down 90.8 per cent from the same psriod a year ago. Turnover was up 5 percent at i $44.1 million.
        45 words
      • Article
        Lock icon HTL confirms it may sell shares
        47 4 IN response to a query from the stock exchangs over .*>s an increase in trading volume of its shares yesterday, ftirniture maker HTL International Holdings said directors continue to explore various options which "may include a future equity ftind raising exercise".
        47 words
      • Article
        Lock icon HPL sells interest in magazine firm
        41 4 HOTEL Properties yesterday said it has agreed to divest its 85 per cent stake in Asian Geographic Magazines Pte Ltd for a nominal sum The stake is held through wholly-owned HPL Leisure Holdings Pte Ltd.
        41 words
    • Article, Illustration
      Lock icon US$ sinks despite Greenspan surprise
      482 4  -  CURRENCIES Bond yields, oil prices jump on US inflation fen larry wee A WEEK of surprises from Japan climaxed on Thursday night after the unexpected upbeat confirmation from US Fed chairman Alan Greenspan that the American recovery is already under way. Few had expected him
      482 words
    • Article
      Lock icon Pinetree committee studying all options
      719 4 MAIL B A G Pro-tem Committee Pinetree Town and Country Club Singapore WE thank Lai Siat Fong ("Pinetree pro-tern committee should study all options", Mailbag, March 6) for his comments and suggestions. The chairman of the pro-tem committee, Ong Seow Yong, had on the night
      Pro-tem Committee Pinetree Town and Country Club Singapore  -  719 words
    • Article, Illustration
      Lock icon Nikkei shrugs off GDP fall to hit new 7-month high
      539 5  -  Pull-back not ruled out as rally appears to be driven more by liquidity than fundamentals From Anthony Rowley in Tokyo THE gap between the performance of the Tokyo stock market and that of the Japanese economy continued to widen yesterday
      AP  -  539 words
    • IN BRIEF
      • Article
        Lock icon Asia Global Crossing seeks funding
        131 5 AFX [HONG KONG] Asia Global Crossing is seeking finaQptag from its partners and other investors in exchange Cor eqnity stakes in the company, chief executive William Barney said in a South China Morning Post report. He said the company has sent a private placement memo
        AFX  -  131 words
      • Article
        Lock icon Bank licensed to service local Chinese
        66 5 Reuters [SHANGHAI] China has given the first foreign bank a licence to do business with domestic clients, marking a milestone in the slow opening of its financial sector to overseas institutions. Xiamen International Bank, a Sino-foreign Joint venture hank based in booming Xiamen in
        Reuters  -  66 words
      • Article
        Lock icon China state share sale plan soon
        109 5 Reuters [BEIJING] A senior Chinese official said yesterday the government will come up with a new plan to sell its huge holdings in listed companies soon, raising worries that the move could trigger another drop in barely recovering markets. State Economic and Trade Commission
        Reuters  -  109 words
      • Article
        Lock icon M'sia Jan industrial output fell 6.7%
        73 5 Bloomberg [KUALA LUMPUR] Malaysian industrial production unexpectedly fell for an llth month in January, dragged down by weaker foreign demand for the country's semiconductors and other goods. Production of factories, mines and power generators fell 6.7 per cent from a year earlier, the Department
        Bloomberg  -  73 words
      • Article
        Lock icon Court refuses to resume Suharto trial
        32 5 AFP [JAKARTA] A court yesterday rejected a request by prosecutors to resume the corruption trial of former president Suharto, saying he is still too ill. AFP
        AFP  -  32 words
      • Article
        Lock icon Telkom Indonesia planning bond sale
        42 5 Bloomberg [JAKARTA] PT Telekomun ikasi Indonesia, the country'B main domestic call operator, said it is asking bankers to pitch to underwrite a sale this year of as much as 2 trillion rupiah (***** million) of bonds. —Bloomberg
        Bloomberg  -  42 words
      • Article
        Lock icon KL still targeting end-July for 3G award
        98 5 Reuters [KUALA LUMPUR] Malaysia has no plana to rhawp its target of awarding third generation (3G) mobile technology licences by the end of July, a government minister said yesterday, denying reports of possible delays. The Malaysian Business Times reported yesterday, citing an unnamed
        Reuters  -  98 words
    • Article
      Lock icon Naluri set to spend cash from MAS deal: sources
      441 5  -  Naluri must acquire new business to avoid delisting From] Eddie Toh in Kuala Lumpur NALURI Berhad is set to use its remaining cash proceeds from the sale of its stake in Malaysia Airlines (MAS) for a new business to avoid being
      441 words
    • Article, Illustration
      Lock icon CSFB plans to raise its economic growth forecasts for M'sia
      340 5 AFX [KUALA LUMPUR] PK Basil, director of Asian economic research for Credit Suisse First Boston, said he is raising his GDP growth forecasts for Malaysia from earlier forecasts of 5.3 per cent for 2002 and 5.8 per cent for 2003.
      AFX  -  340 words
    • Article, Illustration
      Lock icon S'pore reclamation won't affect Gudang lane: Dr M
      339 5 But M'sia wants assurance work wont affect straits' deepest point Bernama (SIK, Kedah] Prime Minister Mahathir Mohamad said yesterday he did not think Singapore's reclamation works would affect the shipping lane to Pasir Gudang Port in Johor. However, he said that Malaysia
      Bernama  -  339 words
    • Article
      Lock icon Plans afoot for Dr M, Bush to meet at White House
      424 5 Visit would be a major boost for ties after past friction Reuters [KUALA LUMPURJ US and Malaysian officials are discussing arrangements for veteran Prime Minister Mahathir Mohamad to meet US President George W Bush at the White House in
      Reuters  -  424 words
    • Article
      Lock icon Indon Cabinet endangered by Golkar threat of boycott
      462 5  -  Analysts also worry about party turning against President Megawati in parliament From l Shoeb Kagda in Jakarta INDONESIAN President Megawati Sukarnoputri's Cabinet is in danger of crumbling after Golkar party members threatened to pull out following the detention of party leader Akbar
      462 words
    • Article
      Lock icon Wall Street pausing for corporate earnings to catch up
      477 6 Analyst draws parallel from trading pattern off 1990-1991 recession LAT-WP [ATLANTA] The stock market may be borrowing a page from British history. Whenever things get exciting, the British are said to "fly into a great calm." Now, just as the recession
      LAT-WP  -  477 words
    • Article
      Lock icon US Feb jobless rate surprises with dip to 5.5%
      671 6 LATEST US INDICATORS First decline in 7 months indicates that recovevy in US is gathering pace Bloomberg, Reuters [WASHINGTON] US employment in February grew for the first time in seven months, beating expectations, as the jobless rate unexpectedly fell to 5.5
      Bloomberg,; Reuters  -  671 words
    • Article
      Lock icon Bush against calls to increase executives' legal liability
      498 6 LAT-WP NYT [WASHINGTON] US President George Bush rejected calls to hold corporate executives more personally liable for investor lawsuits, fearing such a step might spur a rash of litigation, administration officials said on Thursday. In formally announcing a set of reforms designed
      LAT-WP; NYT  -  498 words
    • Article, Illustration
      Lock icon O'Neill finds Middle Eastern money brokers elusive
      292 6 Bloomberg [DUBAI] US Treasury Secretary Paul O'Neill, the man tasked with tracking down terrorist financing networks, found out for himself just how hard it can be to locate the shadowy network of Middle-Eastern money brokers known as hawalas. Here in the hub for
      Bloomberg  -  292 words
    • IN BRIEF
      • Article
        Lock icon Europe business confidence goes up
        54 6 Bloomberg [LONDON] An index of private business confidence across Europe rose for the first time in almost two years, a venture-capital firm said. The index, compiled by the venture-capital firm 3i, ro9e to minus 64 in the quarter through February from minus 109 in the
        Bloomberg  -  54 words
      • Article
        Lock icon Kmart to cut 284 stores and 22,000 jobs
        107 6 AP [DETROIT] Kmart Corp will close 284 stores in 40 states and Puerto Rico, cutting about 22,000 positions, as part of its restructuring under bankruptcy, the company said yesterday. The stores to be closed include 271 Kmart discount stores and 12 Kmart
        AP  -  107 words
      • Article
        Lock icon Record US$144b went into hedge funds
        63 6 Dow Jones Newswires [NEW YORK] Investors poured a record US$l44 billion of new money into hedge funds in 2001, according to a survey by the Hennessee Group. That compares with net inflow of US$B3 billion in 2000, the previous record. Global industry assets rose
        Dow Jones Newswires  -  63 words
    • Article, Illustration
      Lock icon No cool solutions when hotheads prevail
      866 7  -  VALLEY VIEW Hewlett Packard's fight with the offspring of its co-founders has taken on such a personal tone that if s beginning to leave a sour taste jennifer lien A MONTH ago, when the proxy fight between Hewlett-Packard and its dissident director Walter Hewlett
      866 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      119 2 US jobless rate falls to 5.5%, Pg 6 I Since 1975 our worldwide staff of over 275 multi-disciplined professionals ■T 1 r 'I V including lawyers chartered accountants i 1 chartered secretaries and bankers have W m Mm provided confidential and cost effective JP* company formation in all the major
      119 words
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  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      765 4 To adrerttoc adl toU-frtc 1800 289 8822 Email recraits«spfc.coa.M IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF S H COATINGS <S) PTE LTD (In Memben' Votunur) Liquidation) Extracts of the Minutes of an Extraordinary General Meeting of the Company held on the 9tfi day
      765 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      149 4 THECOMPANSSACT (CHAPTER M) THE COMPARES REGULATIONS SECTION 227* I REGULATION 35 NOTICE Of JUMCML MANAGER TO CREDITORS Of RRST MKTMG Nans of Company SnßocrtyQectocaPtoLW (toJudoalMansgsmsnt) Company No 1M*****7G (Under toe Oder tor judo* management of the abovenemetl Company deled 21st day of January 2002) Nodes a hereby gnen that Ihe
      149 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      37 4 We mlcom tetters. E-matu*utbtbtlmQwtjfi.iuiiLMiQrDotta J J *310*277, or write to: The Business Tim**, SPHHQ. 1000 *H ve/Hyltcamefromyou.Pieamueetemperetelenaueoe.end foi beer In mind libel lew*. We reeerve the right to eefect letter* for pubHcMon end to make editing changes.
      37 words
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2847 6 UNIT TRUSTS FUNDS AM Amto M Mgt (S'pore) Star Europe 6qty!« 0.807/ Star Europe Bd 0.954 Star Europe Bri 0.877/ Star Auan Tiger Eqty 0*27/ Star Asia Bond 1.24/ Star Asa Balanced 0.896/ Star Global Technology Fund 0292/ Star Bhv Finance Japan Fund 1 077W AJi Govett (Aria) Ltd. Gowett
    2,847 words
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  • Article
    Lock icon SGX MAINBOARD
    1854 7 Transaction date: Mar 8 for live prices, log on to wwwjasiaonerrmrkeUjcom a > Jg-g s-a-a i .bb. g a. j- M .aya.-i a-a 9 C ABHA/nroNLG 56c 9 14 s .sssassffzrzsi sr a •"•""H s s «:asae?==:Si .s si »i s is islBSrSl »"1 4 i I i
    1,854 words
  • Article
    Lock icon SGX XTRANET
    31 7 a a ■r-ara.-t sa-a tIM Sit I Oumondi MMOOcd CMO 3Dt > BCUUSTatfi ussno 5» *40 s BMSO Sport USSSO .1*™***** 1W0 nts BSAKOO UStMOod 131» fWO s VMS UStOMO
    31 words
  • Article
    Lock icon SGX SESDAQ
    785 7 ■y~ «-ri a a. a"; a-a-a ":»J!£*.zirrr55 23.»3Em3l s '-> *> 71 273 cASAuM10c 55 undi SM M5 £5 Mm,; 4 !H a at ASJHIdp20c 39 S ,2 !f 72.2 55 B 5 20 c AST! 10c X -1 nM 31 I7i S J° U 1J u S«
    785 words
  • Article
    Lock icon CLOB INTERNATIONAL
    163 7 STu,c-»- iS ur -fu, t c?"? y "a 10 V i"W glA 15 ao M (75 40 u ill 5 1CJ —7J0 11 74 2*3fkJ Owing KongSOc HK —1710 240 (J §7 3 40M&5 O Wyt SoWoriUMit 45 ui >n. CADMUS 715 11.1 J., 43 WM *5 10
    163 words
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  • week in review
    • Article, Illustration
      Lock icon Top stories this week
      869 8 For the full stories, visit http.7 business-times.cisicLl.coni.sg Dr Cheong to retire next year after 29 years wfthSlA March 4 AFTER almost three decades with one of the world's leading carriers, Singapore Airlines chief executive Cheong Choon Kong confirmed he is retiring next year and said succession
      869 words
    • Article
      Lock icon What we said
      285 8 Veil Sreenhrasan March 7 Time for small caps to think about marriage A LOT of small caps are languishing despite good fundamentals. In an increasingly competitive and complex marketplace, size matters so it's about time some of these "plodders" thought about merging. Local players can't afford to
      285 words
  • Article
    Lock icon KLSE
    2492 8 Transaction date: Mar 8 KUALA LUMPUR Vai m *f- f—> AJMtaKy 108 0.02 304 Abric 1.92 -0.01 113 ACP Industries 3.18 i*xh 66 AAance Synergy JHJ50 0.02 ISO Affin HoMinos .0.30 -0.01 3S» Ahmad ZakiRes .428 unch 23 AlCCorp 4* -0.04 177 AikbeeRes 1.90 0.04 827 AKN Technology .6.00
    2,492 words
  • Article
    Lock icon SGX
    697 8 Transaction date: Mar 8 1 o-m wiimii t a— a—t 5*-.. *5 j"*° sy* -o^a CaptaLand M 1 JOB -0070 OCBC f«7 1! ooc *0.100 Own SamKand 2fc IJt it50 *0.050 OU( 040 I 90C OtyOavSOc 2.40 7JS0 -0 >00 Parkway H 2Sc 0J4 0900 -0410 £■*•*2* 0» 23
    697 words
  • Article
    Lock icon BONDS & WARRANTS
    682 8 BONDS WARRANTS MCw Eur r C| "M"> w» nitwte hta UH AST1W*****1 x -1 S 1 It 11 146 27 AonaltdVMMIIIC J -0.5 6 1 SO 430 333 32 An*kW*****0 JO -1 300 1 33 155 39 Armstrong W*****0 AS 1 10 38 2-33 26 A—ft>odPWW***** 05 1 ICC 2120
    682 words
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  • in the money
    • Article, Illustration
      Lock icon Much ado about independence. Why ?
      804 9  - Much ado about independence. Why COMMENTARY What's really important is the commitment of the financial adviser—tied or otherwise to look after the client by providing honest and appropriate counsel genevieve cua HOW highly do people value independence in a financial adviser? Recently, 30 individuals who attended a financial planning seminar
      804 words
    • Article
      Lock icon Upbeat US data spurs local earnings upgrades
      528 9  -  By] Patrick Peck THIS week's positive economic data from the US not only sparked rallies on regional stock markets but also a jump in earnings upgrades in Singapore. There were 41 recommendation changes, with 26 upgrades versus 15 downgrades. Two analysts have upgraded
      528 words
    • Article
      Lock icon Going beyond valuation models in stock-picking
      1234 9  -  INVESTOR EDUCATION By\ Sebastian Chong The writer is an associate professor in finance and accounting at the Faculty of Business Administration, National University of Singapore, and a committee member of the Securities Investors Association (Singapore). The views expressed in this article are his own.
      1,234 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    1433 9 i for week beginning Mar 4 Man EK rr it rr ir c——y w w w w Ajmi*a HMpO+Mar 3Q1090 0.417 6.97 1J9 t"« 0*Marl 16 785 10.934 122 *01 07-Marf 2.991L 3.17*. 10U 1101 9atarTad> OS-Mar P 1.5951 3 9961 2* 6.91 0M4arP 2352 iojS
    1,433 words
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  • food
    • Article, Illustration
      Lock icon Cooking up a passion
      1993 10  -  It s getting hot and steamy in the kitchen as people head to cooking schools for a culinary experience. GEOFFREY EU finds out GEOFFREY EU WHO says cooking is all wok and no play?lf the idea of learning how to cook holds a modicum of appeal,
      CHRIS LOH  -  1,993 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      573 10 wine&dine with weekendßT D'Amttfo iiiitii windint M%s%g*' ShoPP !Cmre rSSJSSS LAUvHX TRcfftoßouimxrd. Ma^uare.l*o*o* cuisine, this casual eatery's highlights include Its and d;* intoTsoread of tw Contem P° ra, y North Indian cuisine doesn't have $9.50 set lunch and its popular chicken chop. to a spread of salads and desserts 218
      573 words
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  • travel
    • Article
      Lock icon Creating a Venice of the Middle East
      568 11 Reuters [MANAMA] Gulf Arabs, captivated by the beauty of Venice, are investing millions of dollars to create a replica of the romantic Italian city in the Gulf region. Investors, mainly from Saudi Arabia, have launched a project to build an artificial island in
      Reuters  -  568 words
    • Article, Illustration
      Lock icon Upside down room, sir?
      701 11 Gravity-defying decor, flying beds and padded hospital cells are just some of the imaginative attractions offered at a wacky Berlin hotel AFP HAVE you ever dreamt of sleeping in a coffin, on a flying bed or in a padded cell? A Berlin artist turned hotelkeeper, Lars
      AFP; AFP PHOTOS  -  701 words
  • Article, Illustration
    Lock icon FINANCE
    1045 11 Transaction date: Mar 8 Lp I s CROSS RATBS oja m» *m lia an 25*0 %vm qjm uc un u» su29 2*in o.« ui3 un zlw uo uc Caaa4* 1207 1237 0.717 4706 1403 4JB 30.741 (MB UN 0204 UN *****7J37 U90 7433 UN2ZJ0N***** 1443 eu 2T S S
    1,045 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      93 11 CRYPTIC CROSSWORD strffered rebuke nineteenth 25 Do not start to worry about 5) money (6) YESTERDAY'S SOLUTION oc 26 Usual colours (8) Across: 1 Tomahawk, 5 As- iS®!?*?; l 5 As 9 oodas 16 sets, 9 Distaste, 10 Hamper, 11 J*®"" fleets, 17 Disclose. 19 MaReassure, 12 Milord, 14 Dimi-
      93 words
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  • what's in style motoring
    • Article, Illustration
      Lock icon Who let this Dodge out?
      950 12  -  When the PT Cruiser was unveiled in 1999, ex-Chrysler boss Bob Eaton said it was a car too cool to categorise. He wasn't for wrong says CHRISTOPHER TAN CHRISTOPHER TAN AMERICAN cars. What can you say about them? To most people in these parts, they
      950 words
    • Article, Illustration
      Lock icon the weird the wild and the wonderful
      425 12  -  72NP GENEVA MOTOR SHOW Compiled by CHRISTOPHER TAN WE didn't go to Geneva, but that didn't stop Geneva from coming to us. Here's a drive-by-wire tour of some of the more interesting picks at one of Europe's more interesting car shows. Porsche Cayenne.
      REUTERS PHOTOS EXCEPT PORSCHE  -  425 words
    • BRAVE NEW WHIRL
      • Article
        Lock icon Lada stii tops in Russia
        144 12 THE Lada may be the butt of many jokes in the West, but in Russia it's the top-sell-ing car despite the post-Soviet chance to buy foreign vehicles. The standard model, known as a Zhiguli in Russia but usually simply as a Lada in the West,
        144 words
      • Article
        Lock icon Honda to make more FN care
        106 12 HONDA Motor will increase monthly output of its popular Fit subcompact to 25,000 vehicles from 20,000, possibly in May, the Nihon Keizai Shimbun quoted company executives as saying. The move is aimed at meeting strong domestic demand and an expected increase in exports. The
        106 words
      • Article, Illustration
        Lock icon VW to spawn speed demon
        148 12 VOLKSWAGEN is likely to produce its concept Wl2 Roadster, which set a new speed record at Italy's famous Nardo circuit last month. The prototype record-breaker had a 600-horsepower 12-cylinder engine that gave it a top speed of3sokmh making it faster than any production car available
        148 words
      • Article
        Lock icon Japan dietel cars for Europe?
        136 12 MITSUBISHI Motors and Mazda are preparing to market small cars with diesel engines in Europe to meet a surge in demand there. AFP quoted a Mitsubishi spokesman as saying: "We are in the middle of deciding the details." Mitsubishi Motors aims to sell compact cars
        136 words
      • Article
        Lock icon Mamam VViTaILi Uin nHSS3n, UOvOMO JOIFI hands for telematics study
        78 12  -  Compiled by CHRISTOPHER TAN NISSAN Motor and NTT DoCoMo say they have reached basic agreement to jointly study the development of in-car multimedia services, known as telematics. The study will cover the development of devices and information services such as
        78 words
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  • what's in style art
    • Article, Illustration
      Lock icon Widening canvas
      709 13  -  Travelogue 2002 showcases the works of five outstanding art students who travelled in the region to broaden their perspectives. CHEAH UI-HOON takes a look at their exploratory drawings CHEAH UI-HOON Students who travel find that they broaden their perspectives on culture and life. Art students who travel armed
      709 words
    • Article, Illustration
      Lock icon art beat
      667 13  -  A roundup of events CVipilod by Cheah Ui-Hoon TraveMng art IN AN unprecedented exhibition of its kind, works of 39 contemporary artists will make their way around six venues in Singapore starting from Orchard Road and ending up at Bishan Community Centre. First Steps Images ofAsean is a
      667 words
  • Article
    Lock icon STOCKS ASIA
    4129 13 Transaction date: Mar 8 for more, go to iimm^nsiaonenmarketsjoom HONG KONG Mi W- HM AaMAdeMuMmadto 043 012 496 AJphaGanerel .0.04 undi 1360 ft" 0 1 755 -aw 9069 AnmdatfAngOn AOS mil ***** AngamNMSMH 1.20 -OOS ***** Ami Condi H 2.10 OOS 1506 AnhUBowwyH 155 0.02 750 ArcontachCorp. 1.1#
    4,129 words
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  • collections
    • IN STORE
      • Article, Illustration
        Lock icon The Bvlgari show
        119 14 Our top picks of what's on the shelves IT rarely makes its way to this part of the world, so tai-tais should be pretty excited about the Bvlgari High Jewellery Collection. The collection combines unique and luxurious one-off pieces which are displayed on rotation throughout Bvlgari stores
        119 words
      • Article, Illustration
        Lock icon These shoes are made for...
        76 14 The name is Tramp and the style is, well, 1920s tennis. Having proven to be a success in Europe, Ludwig Reiter's new unisex sneaker has arrived in Singapore. The "classical sport shoe" costs $168 and comes in a variety of colours, in soft suede and
        76 words
      • Article, Illustration
        Lock icon Off the cuff
        92 14  -  Compiled by < CORINNE KERK The latest attraction at French jeweller and watchmaker, Mauboussin Joailliers, is its new range of interchangeable cufflinks. Two circular loops connected by a slim bar in-between, complements the four sticks that are placed through the loops. The sticks come in a selection
        92 words
    • Article, Illustration
      Lock icon Discretionary spending
      946 14  -  Loang Noi take stealth wealth to a new level with a minimalist, museum-style jewellery boutique. CORtNNE KERK reports CORINNE KERK ON a bustling trading day, the new store of local jeweller, Loang Noi, looks closed. And there's a reason why. While most jewellery shops are typically presented with
      CHRIS LOH  -  946 words
    • Article, Illustration
      Lock icon detour on the silk route
      1196 14  -  Fabric giant Jim Thompson turns to high style to put Thai silk back on the retail map. CAT ONG enjoys the ride CAT ONG WHEN the fabled beauty and luxury of soft, shimmering silk first travelled to the Western world on the famous silk road
      1,196 words
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  • collections
    • Article, Illustration
      Lock icon Taking her time
      1215 15  -  Wound up on watchmaking and uninspired by quartz, Cinette Robert waited patiently for complicated movements and exquisite details to regain favour. Thanks to her, Dubey Schaldendrand has become an important niche player in timepieces. By KANNAN CHANDRAN By KANNAN CHANDRAN None of the men seemed interested in
      1,215 words
    • Article, Illustration
      Lock icon storm in a vacuum cleaner
      1164 15  -  Thinking out of the bag led James Dyson to create the killer vacuum cleaner, the Dyson Dual Cyclone, that pretty much wipes out the competition. CORINNE KERK finds out that his was a path fraught with rejection and lawsuits, and a success story of true
      CHRIS LOH  -  1,164 words
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