The Business Times, 2 August 2003

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Microfilm: NL25227
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 MITA (P) 024/03/2003 85( THE BUSINESS TIMES SINGAPORE AUGUST 2-3, 2003
    11 words
  • Article, Illustration
    Lock icon S'pore a hotbed of hacking activity
    791 1  -  EXCLUSIVE It leads South-east Asia in computer break-ins, ranking just behind North Asia and US By Amit Roy Choudhury [SINGAPORE] Singapore, believe it or not, leads South-east Asia in hacking activity. In terms of hacking attacks in the Asia-Pacific region, Singapore's hackers are just
    Source: e-cop.net  -  791 words
  • Article
    Lock icon NTU dons admit 'error of interpretation'
    518 1  -  MOM accepts explanation; says error should not mar researchers' standing By Andrea Tan [SINGAPORE] Nanyang Technological University (NTU) economists Chen Kang and Tan Khee Giap have accepted the Ministry of Manpower's figures and explained how their own erroneous conclusions came about. "We very much
    518 words
  • Article
    Lock icon NTU't computation off error margin
    116 1 Employment data ueed to derive tie table we preeented on July 30, 2003 are from Labour Force Survey, which excludes workers Iving at construction work sites and daily commuters. If we uee the date retoaeed by MOM on July 31,2003 aid exclude the changee in
    116 words
  • Page 1 Advertisements
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      288 1 MHEISI The metrosexual male: I Men who spend a lot of time and money on their looks PAGE 17 r~i n ra -L- _m i _l_ —r J J> newsbreak i MB 1^K< HP J /"W^»X\ r» Strong Senate vote for US-S'pore FTA [WASHINGTON] The US Senate voted overwhelmingly for
      288 words
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      10 1 COMPANIES Indonesia's corporate families looking to stage a comeback PACES
      10 words
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      54 1 MOTORING Jfc ff■ Genteel cruiser versus! rswneer! Hbkftf Wnstwatch Marine Hora Mundr in 18-carat yellow gold with indication of the 24 (^V//IW/yy time zones Self-winding movement with date calendar and centre seconds hand Silvered gold dial, hand-engraved on a rose engine Water-resistant. l)cputs 1775 Llat of tha Brcgutl authorised ratallara
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      Lock icon Page 1 Advertisements Column 4
      9 1 DBS $187m 27.5% UOB S240m m 12.6% BBSS 111
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  • newsfront
    • Article, Illustration
      Lock icon Strong US Senate vote for FTA with S'pore
      651 2  -  This will encourage other Asian states to reach trade pacts with US, says Prof Chan From Leon Hadar in Washington THE US Senate vote in support of a free trade agreement (FTA) with Singapore was never in doubt, but the strong backing
      CHRIS LOH  -  651 words
    • Article
      Lock icon Industrialists see little improvement in H2: EDB
      591 2  -  eye on the economy But commerce and service sectors are more upbeat, says DOS Angela Tan WHILE Singapore has been cleared of Sars, the level of optimism among industrialists in the manufacturing sector could be healthier. Most are still cautious about business conditions
      591 words
    • Article
      Lock icon Correction
      39 2 IN the Quotation of taxable book-entry Singapore Government Bonds (July 31, 2003) table published yesterday, the interest payment dates of N*****0E 1997 should be 15/11 and 15/5 instead of 5/11 and 15/5. We are sorry for the error.
      39 words
    • Article
      Lock icon Reciprocal stakes in PSA, Yangshan mooted
      348 2  -  Cross-shareholding offer conies from Shanghai mayor From] Loh Hui Yin in Shanghai PSA Corp has been offered a stake in the Shanghai port of Yangshan and, in exchange, the Chinese warrt a stake in the Singapore port operator. The offer of a cross-shar-eholding came
      348 words
    • Article, Illustration
      Lock icon Getting to the root cause of video piracy
      782 2  -  Saturday soapbox tang weng lai WHAT is a video pirate? According to Toh See Kiat, recently appointed president of the An-ti-Video Piracy Association of Singapore, anyone who's not the authorised seller of videos in a country like Singapore. On a recent radio
      782 words
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      103 2 Since 1975 our worldwide staff 275 itiu 11 disciplined profes --.irmiIMkT in' ludinq lawyers, chartered accoun' -v Wr JK j chartered secretaries and bankers Mv j»> provided confidential and cost effertive company formation in all the maior low 'ax in. areas including Th© WOrld S Incorporation Fees from USS50D Full
      103 words
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  • the raffles conversation
    • Article, Illustration
      Lock icon Grace under Pressure
      1638 3  -  Olivia Lum wears many hats. She's boss of water treatment firm Hyflux, Nominated Member of Parliament Her World's Woman of the Year, and poster-girl for entrepreneurship. How does she do it? WONG WEI KONG gets some answers WONG WEI KONG IT'S not easy pleasing Olivia Lum. She
      PHOTOS BY ARTHUR LEE  -  1,638 words
    • Article
      Lock icon She saw need for water recycling 10 years ago
      563 3 IT'S easy to tie Hyflux's rise to the gathering momentum here to find alternative sources of water, given the bitter spat between Malaysia and Singapore over the supply of water to the city state. Naming her Woman of the Year 2002,
      563 words
  • Page 3 Advertisements
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      63 3 Raffles INTERNATIONAL I lore Is Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves
      63 words
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  • news companies
    • Article, Illustration
      Lock icon UOB's Q2 net profit falls 12.6% to $240 m
      699 4  -  Drop higher than analysts expected but bank sees better second half Wong Wei Kong UNITED Overseas Bank yesterday turned in a sec-ond-quarter performance that failed to live up to market expectations, but the bank said the worst was over, with the
      FILE PHOTO  -  699 words
    • Article
      Lock icon MARKETS
      77 4 ST! 1,557.08 (-1.79) ST INDEX FUTURES 1,554.00 (+4.00) SIMSCI FUTURES 190.00 (unch) FKiday Change KI.SKCOMP '147 NIKKKIiih 9.KI!♦>< -4*4<> HANG SKN(i _lil.24* MO +113 77 SET INDEX 491M 74-1 JAKARTA COMP _50K7# *0.72 MANILA COMP A3&M il 2 TAIPEI WPI unit ♦72.17 SEOI I.COMP 727.2# I t 74 SHENZHEN
      77 words
    • Article
      Lock icon FINANCE
      83 4 FOREX RATES us$ s$ I SS (SS per ISS) 17«4 S(l SSSSper*)_ l«* 2.S33 KI RO(I SS SS E) Mil 1.977 h:\ 120.4 6*i0 RM tm 1144 HKS 7.799 4421 BAHT 4201 AM ■TUB MM4. **24 RKNMINBI KM 4704 INDIAN Rl'PEE 44.17 2»i 17 \S I *47 0.877 NZS
      83 words
    • Article, Illustration
      Lock icon DBS earnings slide 27.5% to $187m in Q2
      749 4  -  Interest margins on mortgages squeezed by intense competition By Siow Li Sen IT's tough to be big or so it seems for DBS Group Holdings, which yesterday reported a disappointing 27.5 per cent slump in net profit of $187 million for the
      CHRIS LOH  -  749 words
    • Article, Illustration
      Lock icon Positive US economic news fails to list STI
      660 4  -  market review ven sreenivasan FOR the past few days, pundits have insisted that the Singapore market was drifting because of the absence of leads. But when the "leads" finally came in the form of galloping US gross domestic product (GDP) growth, falling
      660 words
    • corporateroundup
      • Article
        Lock icon Shangri-La Asia gets a new chairman
        50 5 EDWARD Kuok Khoon Loong now heads paradise. Hotel owner and operator Shangri-La Asia said Mr Kuok has been elected chairman. He replaces Ye Longfei who has resigned as chairman and has been named to the deputy chairman's post. Shangri-La is supposedly Tibetan for paradise.
        50 words
      • Article, Illustration
        Lock icon Innovalues and to CFO part ways
        66 5 JUST two months after Innovalues Precision hired Amy Yuen (above), among other things, to help the Sesdaq-listed engineering company move to the mainboard, the company "ceased her employment" from June 17. In a statement, the company said its chief financial officer's departure was "amicable,
        66 words
      • Article
        Lock icon ComfortDelGro appoints new MD for London units
        86 5 COMFORTDELGRO Corp Ltd has appointed Steve McAleavy managing director of Metroline Travel Ltd and Metroline London Northern Ltd. Both are wholly owned subsidiaries of Metroline pic and provide public bus services in London. It also said Declan O'Farrell has resigned as chief executive
        86 words
      • Article
        Lock icon Not so blue any more
        54 5 WILL life be sweeter for Simon Cheong's Blu Inc Group Ltd now that its debts and interest in lossmaking French subsidiary SEC have been transferred to a new investor? SEC makes confectionery products and had been under judicial administration in France. Blu had contributed 600,000
        54 words
      • Article
        Lock icon Taiwan futures contracts gain popularity
        68 5 INTEREST in Taiwan futures contracts seems to be picking up. Singapore Exchange said its MSCI Taiwan Index Futures contract traded a record monthly volume of 519,546 contracts in July. This compares with the previous record 0f463,156 contracts in May. For January-July this year, Taiwan futures
        68 words
      • Article
        Lock icon Federal's contract goes up in value
        66 5 ENGINEERING and energy firm Federal International, whose shares have been running up lately, said the contract value to be a procurement agent for an Indonesian firm has increased from U5529.2 million to US$33.B million. Federal said the increase in contract value is expected to
        66 words
      • Article
        Lock icon SIA to add more China routes
        85 5 AFTER trimming capacity and staff, Singapore Airlines is planning to add more China routes. SIA will launch new services to Shenzhen while subsidiary Silk Air flies to Fuzhou in December. In the middle of 2004, SIA is looking at operating new services to Nanjing,
        85 words
    • Article, Illustration
      Lock icon SembMarine Q2 earnings down 8.4% to $21m
      371 5  -  Ship-repair revenue in first half sinks because of Sars and high freight rates By Kenneth Lim SARS took a toll on SembCorp Marine's half-year performance, but strong gains in new orders helped keep dividend hopes afloat. The mainboard-listed subsidiary of SembCorp Industries saw
      Source: SomeCorp  -  371 words
    • Article, Illustration
      Lock icon Rising from the ashes of the Asian crisis
      895 5  -  After lying low in recent years, Indonesia's corporate families are regrouping, reports Vince Chong Vince Chong INTERRA Resources and QAF have caught the attention of corporate watchers recently, notably for their links to the traditional Indonesian family conglomerates. Some believe the rescue
      895 words
    • Article
      Lock icon Ipco stock up despite huge increase in net loss to $85m
      500 5  -  By Andrea Tan CONSTRUCTION group Ipco International reported a massive increase in its net loss to $85 million for the year ended April. Yet strangely enough, the stock did not come under selling pressure yesterday. Instead, it posted a
      500 words
    • Article, Illustration
      Lock icon UOL, Low Keng Huat ink deal to buy Princess Flat
      277 5  -  16,300 sq ft freehold site costs $15.5 m ors34oppr By Kalpan Rashiwala WHAT does a developer do after buying Queen's and King's Flats in Tiong Bahru? Buy Princess Flat, of course. United Overseas Land and Low Keng Huat have just
      277 words
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      1098 4 ||||HQQQ^^^9||^^^toatertiKcantoMeelBoo2B9BB22/laMftDotfeesesph£oaL£g IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VICTORIA ENTERPRBES (PTE) LTD. (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of VICTORIA ENTERPRISES (PTE LTD. duly convened and held at 12 Jalan Terang Bulan, Singapore *****0
      1,098 words
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      Lock icon Page 4 Advertisements Column 2
      72 4 Call toll-free 1800 289 8822 NOTICE OF APPOINTMENT OF LIQUIDATOR PHEIM APEC GROWTH FUND LIMITED NOTICE is hereby given that the liquidation of the above Company commenced on 1 st day of August, 2003 and that Henry Tan Song Kok, c/o of Nexia Tan Sitoh, 5 Shenton Way #23-03, UIC
      72 words
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  • money personal finance
    • Article, Illustration
      Lock icon Playing the stock market with a loan
      880 6  -  But it comes with risk, whether it's margin finance or share finance, says JOYCE KOH JOYCE KOH IF you had known it was so easy to borrow money, would you have made a killing on the stock market? Instead of kicking yourself as
      FILE PHOTO  -  880 words
    • Article, Illustration
      Lock icon Citibank Brokerage breaks new ground
      397 6  -  Customers can trade US stocks here in integrated service By Wong Wei Kong ONLINE broking services have been around for some time now, even those allowing trading in overseas markets. Citibank, however, is now offering what it says is the first truly integrated online banking
      ST  -  397 words
    • Article
      Lock icon Househunt Property transactions lodged for selected districts between July 24 and July 30.
      1099 6 DMrfetS TheTessarina Apt 07*7*3 FH 1313 1058 806 UmTuaTowRd Apt 19*5*3 FH 966 420 434 NON-LANDED TheTessarina Apt 27/06/03 FH 1367 1174 850 Ftivervate Crest Apt 04*7*3 99 1184 580 490 icon Apt 04/07/03 99 904 650
      1,099 words
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  • money personal investment!
    • Article, Illustration
      Lock icon Know your risks profile before you invest
      678 7  -  By Genovieve Cua NOW that it seem* mat the US economy Is on the mend and the outloofcfor equity markets, appears brighter, you maybe tempted to test the waters once again on the On the otharbamj, you may have been burnt so badly
      FILE PHOTO  -  678 words
    • Article, Illustration
      Lock icon Assessing a firm's ROA
      1018 7  -  show me the money A company with a high ROA is a good company, but it may not be a good stock if the stock price has already factored in ail the efficiency teh hooi ling THERE are a number of ways to measure the profitability
      1,018 words
    • Article
      Lock icon One-year top losers back on top
      990 7  -  By Teh Hooi Ling THE one-year top losers portfolio beat the market many times over this week by chalking up a gain of 4.2 per cent compared with a week ago. During the week to July 31, the Straits Times Index only managed a
      990 words
  • Page 7 Advertisements
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  • news at home
    • Article, Illustration
      Lock icon Battle for handphone customers intensifies
      618 8  -  Ml offers free incoming, Star Hub extends free IDD, Sing Tel discounts VOl9 service Reports by, Angela Tan THE battle for mobile phone customers has been joined and looks likely to intensify further. Barely a day after Singapore Telecommunications introduced two new mobile phone plans
      AFP FILE PHOTO  -  618 words
    • Article
      Lock icon SingTel-SCV trial likely after mid-2004
      265 8 SINGTEL'S lawsuit against Star Hub Cable Vision (SCV) for allegedly having breached conditions on the use of residential cables is likely to go to trial in the High Court after the middle of next year, sources have told BT. This is because the court's schedule
      265 words
    • Article, Illustration
      Lock icon Three out of five management awards won by women
      469 8  -  By Leonard Lim LOCAL women have proved themselves good managers, taking three of the five International Management Action Awards (IMAAs) this year. Mary Yeo, managing director of United Parcel Service (UPS) Singapore; Olivia Lum. president and CEO of Hyflux; and Loh
      469 words
    • Article
      Lock icon China's Torch to open S'pore office in Oct
      159 8 IN a move to help Chinese enterprises go overseas, China's High Technology Industry Development Centre (Torch) said yesterday it will open an office in Singapore this year. Torch is a department under China's Ministry of Science and Technology, set up largely to
      159 words
  • Article
    Lock icon STOCKS ASIA
    4691 8 Transaction date: Aug 1 HONGKONG m HUMI I.TO 019 4sw NKS *4- '100 Hong Kong Electric 30 50 unch 7891 Hongkong Chinese 0.18 unch 2284 Alpha General 0.24 uxh 563 Hongkong Chmese Ltd 0.88 unch 2284 AnandaWingOn 0.01 unch 0 Hopewell Holdings 8 30 0.05 6645 Angina New
    4,691 words
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  • news executive jobs
    • Article, Illustration
      Lock icon Retraining board seeks to fill key posts
      484 9  -  1=11 exclusive Part of expected 200-strong staff may come from two MOM units, reports CHUANG PECK MING CHUANG PECK MING THE new continuing education and training statutory board which will put the spotlight on skills upgrading and lifelong learning has started to recruit
      FILE PHOTO  -  484 words
    • Article, Illustration
      Lock icon How useful is online job hunting?
      668 9  -  By Joyce Koh YOU'VE exhausted all avenues in your search for a job. Employment agencies, head-hunters, newspapers even forgotten secondary school contacts whom you've painstakingly and reluctantly dug out. You name it, you've tried it. And you're exhausted. But have you looked in cyberspace?
      AFP FILE PHOTO  -  668 words
  • Article, Illustration
    Lock icon FINANCE
    579 9 Transaction date: Aug 1 IMTBRBAMECPMtEMCT BATES Against S$ AoaiMt US$ A«alnst S$ A«M«St US$ Currencies BM OfNr Bid Oftw Carrtnctts BM Offw Wd Offtf SS'I'SS to 100 St'VSS to one unit of foreign currency: units of foreign Australian dollar 113* 1.1410 0.6462 0.6467 22.61 22 62 12.6213 *****2 CaMdlandollar
    579 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    751 9 for week beginning Jul 21 c—mm m Eaeycall A U Ub. Avenue I. *06-01 29-Aug 3 00pm Mf Boustead House VM» A Amber Room. Lnd Two 26-Aug lO.OOarr Ar-JV Sheraton Tonne rs Soofe MtomM KenCng- I The RiO-Carfton 22-Aug 9 30em MiRenia S«r^>fxx» G*r(*r Room. M
    751 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      25 9 H H From gifts to window grills, H— find them ail in The Straits Times Classified. y > I "V-'-.;. JluyltSMftn»dlt V Vs* > >.*• >i £Ci j
      25 words
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  • region
    • Article
      Lock icon KL 'will supply water' despite price dispute
      540 10  -  DrM again blames S'pore for odd-looking bridge From] Eddie Toh in Kuala Lumpur THE Malaysian government's move to take charge of the management of water supply from the states will not affect Malaysia's obligation to sell water to Singapore until 2061, Prime Minister
      540 words
    • Article, Illustration
      Lock icon Indonesia sees growth of 3.66% this year: Mega
      268 10 Reuters [JAKARTA) Indonesian President Megawati Sukarnoputri said yesterday the economy was forecast to grow 3.66 per cent this year, below the 4 per cent budget target, adding the effects of the Asian financial crisis were lingering. "Judging from a number of macro-economic
      Reuters  -  268 words
    • Article
      Lock icon July PMI points to HK growth
      294 10 Reuters [HONG KONG] Hong Kong's economy grew at the fastest rate in over a year in July, underpinned by a sharp rise in output and new orders after the Sars outbreak, the latest Purchasing Managers' Index survey showed. The July PMI posted a reading
      Reuters  -  294 words
    • Article
      Lock icon M'sia on track to meet full-year growth target
      395 10 June exports up 6%, 16% rise in May industrial output Reuters Bloomberg [KUALA LUMPUR] Malaysia's economy accelerated in the second quarter. Prime Minister Mahathir Mohamad said, as June's exports had its fastest rise in four months and industrial production had its biggest
      Reuters; Bloomberg  -  395 words
    • Article
      Lock icon Henry Tang tipped to be next HK financial chief
      270 10 Reuters [HONG KONG] David Li, an influential legislator and chairman of Bank of East Asia, said yesterday that Commerce Secretary Henry Tang was likely to be appointed Hong Kong's next financial secretary. Mr Li, a lawmaker representing the powerful banking sector,
      Reuters  -  270 words
    • Article, Illustration
      Lock icon Hong Kong goes mad after Real Madrid
      237 10 AFP [HONG KONG] Tickets for Real Madrid's exhibition match against Hong Kong were sold out within hours of going on offer as Beckham ma nia gripped the city, leaving hundreds of fans bitterly disappointed, an official said yesterday. All 16,000 tickets were sold
      AFP; AP  -  237 words
    • Article
      Lock icon Ibra appoints ING for Lippo Bank sale
      174 10 THE Indonesian Bank Restructuring Agency (Ibra) has appointed Dutch multinational ING to sell a 52 per cent stake in the country's 11th largest bank, Lippo Bank. The stake is worth more than US$lOO million. Lippo, which is traded on the Jakarta Stock Exchange,
      174 words
    • inbrief
      • Article
        Lock icon Wing Hang buys Cheklang First
        85 10 Bloomberg [HONG KONG] Wing Hang Bank, a Hong Kong-based lender, agreed to buy Chekiang First Bank from Mizuho Financial Group for HK$4.B billion (Ssl.l billion) to help it compete with larger rivals. Mizuho, Japan's largest bank by assets, agreed to sell its 25 million shares
        Bloomberg  -  85 words
      • Article
        Lock icon Telkom buys Arlawest
        100 10 AP [JAKARTA] Indonesia's state-owned company PT Telekomunikasi Indonesia yesterday said it had bought a local phone company partly owned by AT&T Corp for U*****.74 million. Telkom paid U5558.67 million in cash and will pay an- other US$lO9.l million in promissory notes for the assets of Aria west
        AP  -  100 words
      • Article
        Lock icon BEA HI earnings up 5%
        81 10 Bloomberg [HONG KONG] Bank of East Asia said profit unexpectedly rose 5 per cent in the first half as the lender increased earnings from its investments and badloan provisions fell. Net income rose to HK$793 million (*****.2 million) in the six months to June 30
        Bloomberg  -  81 words
      • Article
        Lock icon China sets terms for insurers
        71 10 Reuters [SHANGHAI] Chinese regulators yesterday laid out proposed rules for foreign ownership of life insurance joint ventures in China, in line with its commitments upon entry into the World Trade Organization. Foreign companies would be allowed to hold up to a 50 per cent stake
        Reuters  -  71 words
      • Article
        Lock icon Indian exports rise 11% in June
        99 10 Reuters [NEW DELHI] India's exports surged 10.95 per cent in June, boosted by steady orders from its key markets of the US and the European Union which account for almost half the country's annual shipments. Economists expect the momentum to continue because of an
        Reuters  -  99 words
      • Article
        Lock icon Ibra to sell bad debts
        46 10 Bloomberg [JAKARTA] Indonesia plans to 9ell 55.4 trillion rupiah (Ssll billion) of distressed debt by next month, the Indonesian Bank Restructuring Agency said. It has set two dates, Aug 20 and Sept 10, for investors to bid for the bad debts.
        Bloomberg  -  46 words
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  • news world
    • Article
      Lock icon US factory index shows expansion
      541 11 Jobless rate drops for first time in a year but payrolls slump too Reuters Bloomberg AFP AP [WASHINGTON] US manufacturing expanded last month for the first time since February, adding to evidence the economy is starting to pick up after three quarters of slow growth,
      Reuters; Bloomberg; AFP; AP  -  541 words
    • inbrief
      • Article
        Lock icon Global tourism to pick up
        124 11 AFP [LONDON] Global tourism is on the road to recovery despite worries over terrorism and Sars, with visitor numbers expected to rise strongly for the foreseeable future, British research group Mintel said on Thursday. Germany, Britain, and the US, the top three nations for providing
        AFP  -  124 words
      • Article
        Lock icon US bans WorldCom from govt contracts
        99 11 Reuters [WASHINGTON] World Com Inc suffered another blow on Thursday after a US agency said the bankrupt telephone company could no longer compete for new US government contracts after finding it lacked proper internal controls and business ethics. The General Services Administration said it
        Reuters  -  99 words
      • Article
        Lock icon MGM movie channel coming
        81 11 Reuters [LOS ANGELES] Film and television studio Metro-Goldwyn-Mayer on Thursday unveiled a venture with CNBC Asia Pacific to launch a movie channel under the MGM brand name on satellite and cable TV systems in Asian markets. The deal marks one more step in an aggressive strategy
        Reuters  -  81 words
      • Article
        Lock icon Warning on Microsoft security flaw
        67 11 NYT [LOS ANGELES] The Department of Homeland Security has issued an unprecedented second warning to Internet users about a security flaw in Microsoft Corp software that could leave about 75 per cent of US computers vulnerable to hacker attacks. The latest warning comes tWo weeks
        NYT  -  67 words
      • Article
        Lock icon Exxon Mobil profit jumps 58%
        70 11 Reuters [NEW YORK] Exxon Mobil Corp on Thursday said its second-quarter profit surged 58 per cent on higher oil and gas prices, improved refining and marketing results and the highest earnings on chemicals in five years. Soaring commodity prices helped it generate net income of
        Reuters  -  70 words
      • Article
        Lock icon Japan banks told to Improve
        80 11 Reuters [TOKYO] Fifteen Japanese banks were ordered to improve their performance. The Financial Services Agency will give the banks until Aug 29 to come up with business targets which they have to meet in the current year to March, or else face sanctions. Economics and
        Reuters  -  80 words
    • Article, Illustration
      Lock icon Manchester United take America by storm
      281 11 [NEW YORK] Manchester United sold out the 78,000seat Giants Stadium for an exhibition match on Thursday, a sign that soccer's most marketed club may be cracking North America's lucrative sports apparel market. Many of those fans, sporting the US$7O shirts of the English Premier
      AFP  -  281 words
    • Article
      Lock icon Changes will see more Asian clout at ADB
      550 11  -  S Korean to fill Managing Director General's post From Anthony Rowley in Manila A SERIES of changes announced this week by the Asian Development Bank will have a "profound effect" on the way the bank is managed, and is likely to lead
      550 words
    • Article, Illustration
      Lock icon Man behind terror futures market scheme resigns
      326 11 LAT-WP [WASHINGTON] John M Poindexter, the clever, quirky but politically leadfooted progenitor of the controversial terrorism futures market project cancelled by the Pentagon this week after it was made public will resign his position as an agency unit's head as a result of
      LAT-WP  -  326 words
    • Article
      Lock icon Wall Street banks on winning streak
      272 11 [NEW YORK] Wall Street traders are renowned for taking risks, but several leading investment banks hardly had a losing day during the second quarter, the Financial Times says quoting regulatory filings with the Securities and Exchange Commission. Bear Stearns' trading operations made money every
      272 words
  • Article
    Lock icon KLSE
    2330 11 Transaction date:Aug 1 KUALA LUMPUR £=1% Va i General Corp 0 57 0.01 114 MM W- raso) General Sol 1.26 unch 0 Getting 15 30 420 726 A A M Realty 0.95 0 05 1 Gewy Kent .048 0.01 418 Afanc 104 002 426 Globeti WHO Te«t»... —545 0.15
    2,330 words
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  • style motoring
    • Article, Illustration
      Lock icon Genteel cruiser
      595 12  -  They may share the same four-cylinder heart but these two areu't so much brothers as very distant cousins twice removed. SAMUEL EE test drives the Rover 751.8 Turbo and the Lotus Elise 111 SAMUEL EE THE first thing that beckons are the sculptured seats in light leather and
      ARTHUR LEE  -  595 words
    • Article, Illustration
      Lock icon Raw racer
      656 12 IT'S as tall as a Big Mac with a seat as wide as a shoebox, but if you can get in, you will be amply rewarded with a driving experience par excellence. It would not be completely accurate to say that ingress and egress of a Lotus Elise
      656 words
  • Article
    Lock icon SGX
    696 12 p k Transaction date: Aug 1 TURNOVER DM) VAUK fOOO) »*l 1>—d Mfc T—t mubm **rj «MT7 hjoo »jae Mmtaon sum N,m jnjx mm iud 17*359 Comma 1*00 2.110 C.TT7 3MB 525 I7,«l« TptAUKj** 7J.SW VJ51 74,(00 A19 Ml tS.W Am mm «m mm mm (mvucwp «M» MSI run
    696 words
  • Article
    Lock icon SGX SESDAQ
    1672 12 U-Wk Last Vol Day Last Quote GrtMv Otv GrYld Not MCap SI-Mk Lad Vol Day ta«»Mi Gttt* Dw QrYM MM HOm l—r Ciapwy Sate *4- CQt Low —rot Sdhf Cw W W Nfrfc Uo Ci«pi«| Sate 4 C—» W#i low 5o0» Cm Wf 24 73 ABRHIdgsSc 20 *0
    1,672 words
  • Article
    Lock icon BONDS & WARRANTS
    577 12 BONDS WARRANTS Praai Upry Lact \M Cm* bar Disc Cmt Mtta C—p—f iate «r- fW Mi Ma >J Uft AST1W*****1 1 16 7 3.42 10 —mWHIIt 1 1 50 306 10.50 15 Amtck W*****0 (05 -OS 12 1 33 1.40 22 Armstrong W040S20 4.5 0 5 214 1 10 12
    577 words
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    Lock icon CLOB INTERNATIONAL
    182 12 U-M IM tM Day Last Quota GrfH» On GrVM NM MCaa hn» i— ciwjii «g» w- r—» u» ag cw k d 168 «1 AVJ«<wwigsA2Sc A159 unch 404 161 157 159 160 40 3.4 6.3 9.3 3422 Cathay Pac20c MK720 265 2.1 7.4 6 *****2 Cheung KongSOc HK1780
    182 words
  • Article
    Lock icon SGX XTRANET
    198 12 SJ-Wk Last Vat Day LMQmM GrM* 01* GrTM MM MCjfl i—i I— ut» w- nw l— s««» Cw wt tmi 9600 89 Diamonds US8780 37* 2700 KDJUSTedl US3740 555 555 IS MSG Sporp US555 8270 COO ISS4P5CO US8270 9650 KM SPDRS US96 SO 1610 1230 ST1ETF 100. t585
    198 words
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  • style sports
    • Article, Illustration
      Lock icon Springboks' World Cup tactics kept under wrap
      669 13 A young coach and fresh squad offer opportunities for experiment AP [BRISBANE] THE Springboks will have a gameplan to counter every contender at the World Cup, says coach Rudolf Straeuli, even if it isnt obvious until rugby union's quadrennial showpiece starts in October.
      AP; REUTERS  -  669 words
    • Article
      Lock icon Australia's Gregan rebuts critics
      273 13 Reuters [BRISBANE] Australia captain George Gregan defended himself yesterday against accusations his game is slipping in the build-up to the World Cup. The Wallabies skipper has been under attack from the media since his team's 50-21 loss to New Zealand with some critics calling for him
      Reuters  -  273 words
    • Article, Illustration
      Lock icon It's silly season again—and still anybody's crown
      633 13  -  frankly speaking ronnie lim IT'S happening fast and furious, even off the track. With just five races to go, including tomorrow's German Grand Prix at Hockenheim, it's silly season again, with pit-lane talk hotting up on who's getting whose seat next year, and
      633 words
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    Lock icon SGX MAINBOARD
    6062 13 Transaction date: Aug 1 U-Wk Last Vat Day LartQaote GrfM* Mr SrVM MM MCm MMi Lew Cowpwy Sal* -W- f888> law It* Cw M jam ABNAmroNtG 56c 9 12 3.4 138.8 tS 9 ACE Dynam«s20c 16 unch 19 16 16 15.5 16 OJ 03 158 11 93 AEM
    6,062 words
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  • food/wine&dine
    • Article, Illustration
      Lock icon Strange tastes
      1656 14  -  CHEAH UI-HOON braves the bizarre pairings of French cheese with Chinese tea as well as mooncakes with wine, and finds herself pleasantly surprised CHEAH UI-HOON THE marriage of East and West in our cuisine has never gotten weirder and wilder. If the fusion movement was still in vogue,
      CHRIS LOH  -  1,656 words
    • Article, Illustration
      Lock icon Fine food awaits the fast
      420 14  -  By Cheah Ui-Hoon THREE events, out of the 17, planned for the Ritz Carlton Millenia's Seventh New World of Food and Wine festival, have already been fully booked since registration began for the gourmand's much-awaited annual event. In fact, some people placed their booking for
      420 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      745 14 wine&dine with weekendßT AI WINK Pt* Ltd Well-known for its value-for-money French-inspired HoMNtwOt— chicken or katsudon wfth rice. Only $5.50 netL Hitachi Tower. #01-17. Tel/fax: *****397 cuisine, this casual eatery's highlights include its 177 A River Valley Rd. TeL *****790 mtmem MMvd Enjoy a selection of international wines with new
      745 words
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  • style health
    • Article, Illustration
      Lock icon Performance problems
      1373 15  -  Men have been hogging the attention of researchers in the sexual health arena But it's women who appear to have the higher rate of problems. CHEAH UI-HOON finds out more about female sexual dysfunction CHEAH UI-HOON m ML ot tonight, H honey, H have headache." if H heard
      REUTERS  -  1,373 words
    • Article, Illustration
      Lock icon Getting to the source of gas
      683 15  -  By Seamus Phan WE hear about some people with irritable bowel syndrome (IBS), where one of the associated symptoms is abdominal bloating. However, IBS is only one problem. Bloating, which is fairly common due to dietary problems, can lead to belching, flatulence, or even
      FILE PHOTO  -  683 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3513 15 UNIT TRUSTS FUNDS Cittbond S pore Class Y 0 99ft AM Amro Asset Mgt (S'pora) Com Global 0 84/ Slar Eif ope Eqty!** 0 657/ Com Global Lifestyle Index Fd 0.871/ Star Euope Bd 1263/ Com Global Health Index Fd 0.8311 Star Ei*ope Bat 0956/ Com Global Telecom Index Fd
    3,513 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      331 15 CRYPTIC CROSSWORD 1 Quirky character maybe resents snag being 7 Expressed disdain when so I I I i i I I I I I I inspired (7) hi 8 The sort of horses which are later described in an extra 10 I note (7) 11 Not at all keen to
      331 words
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  • style shopping
    • Article, Illustration
      Lock icon Elan in the apartment
      1043 16  -  They opened shop around the same time late last year, and a mere 10 minute walk apart in the Tanjong Pagar area. D'apres Nous and Atelier J Lacroix are two French-run furniture stores with a difference. CORINNE KERK checks them out CORINNE KERK THE shophouse, located
      ARTHUR LEE  -  1,043 words
    • Article, Illustration
      Lock icon Really useful furniture
      774 16 AT first glance, you might think Atelier J Lacroix is yet another one of those shops selling Indonesian teak furniture. But a closer inspection will reveal nice surprises about its pieces, many of which are thoughtfully designed to yield neat solutions for the shrinking living space that
      ARTHUR LEE  -  774 words
    • instore
      • Article, Illustration
        Lock icon Glittery elegance
        47 16 HERE'S a necklace to take you from day to night with ease and elegance. The curved white gold pendant with 11 brilliant diamonds is up for grabs at $138 (UP: $222) at all Goldheart Jewelry outlets including Lot 1, City Link Mall and Compass Point.
        47 words
      • Article, Illustration
        Lock icon Crystal with a difference
        47 16 FOR a change, how about a crystal piece that's not pellucid? This sandblasted plate has all the qualities of crystal but stands out with its floral aesigns. From the Czech Republic, the 35 cm diameter plate costs $382.90 at Crystal World, Suntec City.
        47 words
      • Article, Illustration
        Lock icon Stylish timekeeper
        40 16 MAKE a timely artistic statement with this intriguing gear clock. Made by Kikkerland of New York, the 35cm-diameter batteryoperated steel and plastic table clock costs $220. A wall version is also available. At Stu dio Haus, Millenia Walk.
        40 words
      • Article, Illustration
        Lock icon Nifty wrist work
        51 16 IN a competitive world, it's always good to have something up your sleeve, like this pair of miniature light bulb cufflinks. From Australia, the stainless metallic pair costs $44.90. Other miniature cufflinks include quirky checker boards and even soccer pitches. Available at Ig's Heaven, including City Link
        51 words
      • Article
        Lock icon Talkshop
        251 16  -  Compiled by I Miko Chua MMenia Walk Island Shop sale: 15 per cent off regular items (except In Essence), with some going at 70 per cent off. This weekend only. New stores L'Emozione: Create your own pasta at this Italian fusion eatery. Soak in the comfortable and relaxing ambience
        251 words
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  • style pursuits
    • Article, Illustration
      Lock icon entertammentguide
      1504 17 Going out or staying in this weekend? We round up some recommendations Cds It sure rings a bell WHILE it's not uncommon for new artists to take established times and rework them for a leg up in this dog-eat-dog industry, it's not often that you see an old star
      1,504 words
    • Article, Illustration
      Lock icon Enter the metrosexual
      1296 17 Meet the men who spend a lot of time and money on their looks AP RYAN Winzenburg has several types of professional hairstyling products in his bathroom and pays US$5O for his haircuts. He's a fan of J Lindeberg sportswear and likes to shop. "I think about
      AP; REUTERS PHOTOS  -  1,296 words
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  • Article, Illustration
    Lock icon How to keep good time
    1461 18  -  Making Time So you've got a new watch. But how do you ensure it stays as reliable and attractive as when you first bought it? LARRY WEE finds out LARRY WEE SEEKING professional assistance, we spoke to Richard Lim of Sincere Fine Watches' heirloom restoration
    PHOTOS BY ARTHUR LEE  -  1,461 words
  • Article
    Lock icon A little care goes a long way
    196 18 Tips from the master on caring for your timepieces Service your timepieces at intervals recommended by the manufacturer, and only at appointed service centres. Check water-resistant seals before going on holiday. The combined effects of sun, sea and water can easily reduce crowns,
    196 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
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      83 words