The Business Times, 2 July 2005
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2005-07-02
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The Business Times
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Title Section13 2005-07-02 1 THE BUSINESS TIMES weekend MICA (P) 089/03/2005 SINGAPORE 85 cents July 2-3, 200513 words
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Article, Illustration691 2005-07-02 1 ARTHUR SIM - BT exclusive Mainboard-listed LifeBrandz brings big-name dance clubs to its nightspot By ARTHUR SIM [SINGAPORE] Ravers rejoice! Dance club heavyweights Ministry of Sound (Mos) and Cafe del Mar will soon be pumping up the volume at The Cannery in Clarke Quay,691 words
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Article, Illustration602 2005-07-02 1 RAJU CHELLAM - By RAJU CHELLAM [SINGAPORE] Bill Gates speaks highly of Singapore, which he thinks is a likely winner in the next round of technological change. "Countries like Singapore that really are driving technology change in the education system and striving to be at theCHRIS LOH - 602 words
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Article135 2005-07-02 1 sn 2,209.95 (-2.71) ST INDEX FUTURES 2.212.00 (-3.00) siMsa 263.67 (-0.50) SIMSa FUTURES ***** (+1.00) MARKETS Friday Chang* KLSt COMP 894.02 +5.70 NIKKEI 225 11.630.13 +46.12 HANG SENG doad SET INDEX dostd JAKARTA COMP 1.138.99 *16.61 MANILA COMP 1,895.25 -28.98 SEOUL COMP 1018.02 +9.86 SHENZHEN 8 214.69 -1.73135 words
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Page 1 Advertisements
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Advertisement12 2005-07-02 1 CWHE X yk. jf h9I SINGAPORE 85 cents SHOPPING Jshoes for children12 words
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Advertisement20 2005-07-02 1 CORPORATE ANALYSIS Shateout in budget niffiwA imlimlpv Mi painiiic inuiiwry IH^PKv^c^ > > ">• Software superstar to meet rock star Bono GRAPEVINE PG620 words
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Advertisement76 2005-07-02 1 RAFFLES CONVERSATION 3 Alan Yair Trailhlazing SHOW ME THE MONEY Beware those wealthdestroying emotions PG7 ■pK Breguet. La passion laisss das traeaa. "Le Reveil du Tsar" Man's Classique alarm wristwatch in 18-carat yellow gold Self-winding O movement with small seconds and date Second time-zone indicator. Silvered gold dial, V hand-engraved76 words
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TOP STORIES
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Article, Illustration726 2005-07-02 2 JOYCE KOH - Paris remains front-runner in a contest with no second prize By JOYCE KOH [SINGAPORE] There is one Olympic contest to be decided here in the next few days in which there will be only one winner, with no runners-up. International OlympicALBERT SIM/ST - 726 words
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402 2005-07-02 2 JEAN CHUA - By JEAN CHUA [SINGAPORE] To stay relevant in a rapidly changing world, universities have to develop broad and flexible programmes, equip their graduates with skills that will get them hired, and respond quickly to changes. Prime Minister Lee Hsien Loong said last night at402 words
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Article, Illustration584 2005-07-02 2 JOYCE KOH - SATURDAY SOAPBOX JOYCE KOH Reporter WELCOME to all who are arriving in Singapore for the International Olympic Committee meeting next week. From politicians to celebrities to royalty, it's a sweet menu of power personalities coming here to pump up support for their countries'584 words
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779 2005-07-02 2 ANDREW MARKS - By ANDREW MARKS in New York IF investors in the US stock market were hoping to get a boost from, the Federal Reserve that might jump-start a suddenly moribund market rally heading into the July 4 holiday weekend, they were sadly779 words
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Article543 2005-07-02 2 Electronic trading of derivatives set to soar ELECTRONIC trading of derivatives by local players is set to explode—with Refco Trading Services providing the first direct connection to the Chicago Mercantile Exchange, whose three-month eurodollar contract is the world's largest futures contract. Ollie Jones, managing director of Refco Trading543 words
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Page 2 Advertisements
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Advertisement96 2005-07-02 2 BT Weekend lucky draw I THE following readers who joined us during our recent BT Weekend subscription I drive have each won a one-year term membership at the Legends Fort Canning Park: Sin Wye Sun (S pore *****8), Ong Kian Wan (S'pore *****5), Seah Chek I Lim (S'pore *****1), Loh96 words
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RAFFLES CONVERSATION
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Article, Illustration2722 2005-07-02 3 JAIME EE - Alan Yau's efforts to raise Chinese food to a higher plane pay off when his London eateries land Michelin stars, reports JAIME EE JAIME EE IRONICALLY, Alan Yau hates the restaurant business. Hates it with a vengeance, spawned no doubt from his teen years slinging chop suey and2,722 words
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Page 3 Advertisements
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Advertisement6 2005-07-02 3 ia*ni>ui:»sim«« swissotel .;<"■'v' *•< 8 Hotels Resorts6 words
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Advertisement61 2005-07-02 3 Raffles INTERNATIONAL Hotels 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 rest in61 words
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COMPANY NEWS
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Article, Illustration579 2005-07-02 4 SIOW LI SEN - INVESTMENTS From Aug 1, Refco unit will provide direct connection to other exchanges By SIOW LI SEN ELECTRONIC trading of derivatives by locals is set to explode with Refco Trading Services (RTS) providing the first direct connection to the Chicago Mercantile Exchange (CME),CAROLINE CHIA/ST - 579 words
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425 2005-07-02 4 CHEN HUIFEN - By CHEN HUIFEN SINGAPOREANS have a higher tendency to be overconfident when making investment decisions, unlike their peers in Hong Kong and Taiwan, a Citibank survey has found. Nearly 2,600 people in the three countries took part in the survey to examine general investor425 words
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361 2005-07-02 4 WONG WEI KONG - By WONG WEI KONG FIVE people, including three directors of ITE Electric, Were charged yesterday over a share placement in 2001 by the Sesdaq-listed company. The three ITE directors are Sia Teck Mong, 60, a founder and CEO of the company;361 words
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Article, Illustration318 2005-07-02 4 ROLAND LIM - By ROLAND LIM DESPITE Monday's profit warning from Creative Technology, its chairman and CEO Sim Wong Hoo yesterday declared that Creative was not letting up in the battle in the digital music player arena, and hinted that Creative might expand into digital homeFILE PHOTO - 318 words
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226 2005-07-02 4 R SIVANITHY - By R SIVANITHY THE family that controls listed crane company Tat Hong Holdings has offered to buy construction company CSC Holdings for thFee cents a share, after triggering a mandatory takeover yesterday. Its offer follows a purchase226 words
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COMPANY BRIEFS
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Article82 2005-07-02 4 NATSTEEL executive vice-president Kwa Lay Keng, 46, has been promoted to chief operating officer. Dr Kwa, who holds a PhD from the University of Leeds, has been with the company for 17 years. She was promoted to executive vice-president in 2000. Chong Wai Siak, Natsteel82 words
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Article34 2005-07-02 4 BIOSENSORS International Group's chief financial officer Patrick Yount has resigned, effective from June 30, for personal reasons. The designer and marketer of innovative medical devices expects to find a replacement soon.34 words
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Article57 2005-07-02 4 BTELECOM yesterday released its profit guidance, saying that the company will remain profitable this financial year but profits and turnover are likely to be lower than in 2004. It said this is mainly due to lower infrastructure spending by some of its major customers resulting from57 words
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Article55 2005-07-02 4 MAKER of concentrated apple juice New Lakeside Holdings has issued a profit warning for its first-half financial results. Despite higher sales, it expects "worsening profitability" for the six months ended June 30, citing significantly lower gross margins due to increase in the cost of production and55 words
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Article52 2005-07-02 4 INFORMATICS Computer Centre Sdn Bhd, wholly owned by Informatics Holdings Ltd, has sold its entire stake in Lambang Saga Sdn Bhd (LSSB) to Heritage Hallmark Sdn Bhd for about $1.47 million. LSSB's main assets are its land and properties, which comprise a four-storey budget hotel and52 words
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Article, Illustration524 2005-07-02 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent WHEN the year ends and traders look back on a difficult 2005, one thing's for sure the five days between June 27 and July 1 won't figure high up on their list of weeks to remember.524 words
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Article, Illustration1012 2005-07-02 6 VEN SREENIVASAN - CORPORATE ANALYSIS The turbulent clime is really about brutal competition, closed markets and low yields, says VEN SREENIVASAN VEN SREENIVASAN RARELY has there been so much merger talk in the regional aviation industry. First, very senior Australian politicians started suggesting last week that Qantas might1,012 words
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GRAPEVINE
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160 2005-07-02 6 YOU know that talk about Bill Gates, the world's richest individual and biggest philanthropist, being chummy with rock star Bono? Well, it's all true and that's from the man himself. In an interview with BT yesterday, the Microsoft chairman had high praise for the160 words
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76 2005-07-02 6 AN SMS has been making the rounds saying that there will be Ministry of Sound (MoS) DJs at Suntec Convention Centre on July 16. Called VIBES ClubFest 2005. the DJs will be there but they apparently did not get permission from MoS to use76 words
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Article34 2005-07-02 6 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ Lower Risk;^ Low to Medium Risk;& Medium to High Risk;** Higher Risk;open-ended;+Before subdivision of units;After subdivision of units;SP after stock split N.A-Non Dealing Day34 words
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Advertisement25 2005-07-02 6 PIMCO Global Real Return Fund a fund that is hedged again si global inflation. Allianz (fij) I Rated 5-star by Mercoi Investment Consulting Global investors25 words
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PERSONAL INVESTMENT
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Article, Illustration645 2005-07-02 7 JOYCE KOH - Compiled by JOYCE KOH Stanford Tyres My 1 dote: 415 cants BMP PARIBAS PEREGRINE, June 29 NET profit of $8.6 million for FYOS came in below our estimates. Distribution of tyres failed to provide the anticipated' lift during the year and the aßoy wheel plant start-up costs and otherSource: Bloomberg - 645 words
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Article1054 2005-07-02 7 For week beginning Jun 27 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS ttMMtial No of Price SMMEHOUMNG Trans SharahaMar Sal Shaw Par Mara Utm Stock Data Diractof Cony '000 Sfcr (*888) COW) Food Empire 30-Jun-05 Sudeep Nair "Buy ***** 0.34 0 0.00 ***** 6.60 Food Empire 30-Jun-05 Best gate In*1,054 words
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Article, Illustration1271 2005-07-02 7 TEH HOOI LING - SHOW ME THE MONEY Being aware of our wealth-destroying emotions can safeguard our financial health TEH HOOI LING Senior Correspondent IT is all animals' primal instinct to fight for survival. So at the very basic level, we all have the same instincts toAFP FILE PHOTO - 1,271 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2912 2005-07-02 8 OVERVIEW TODAY'S Investment Roundtable is based on a panel discussion held this week at the Foreign Correspondents Club of Japan and which was moderated by Business Times Tokyo correspondent Anthony Rowley, who is president of the club. The subject was China's currency and whatREUTERS - 2,912 words
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SINGAPORE NEWS
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EXECUTIVE MOVES
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Article68 2005-07-02 9 EASYCALL International Limited appointed Chia Yew Boon as the company's group chief executive officer with effect from yesterday, replacing Wong Fong Fui who has been at the helm of the EasyCall Group for the last four Mr Wong will continue to serve as a non-executive68 words
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Article, Illustration92 2005-07-02 9 New product service head for M&C MILLENNIUM Copthorne (M&C) announced the appointment of Dr Yeoh Teng Kwong (above) as its vice president of global product and service development. Dr Yeoh who has a PhD in Chemistry will take up his appointment on July 18. He goes into M&C with extensive92 words
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83 2005-07-02 9 BOEING announced the election of W James McNerney Jr as chairman of the board, president and chief executive officer from yesterday. James A Bell who had served as interim president and CEO will remain chief financial officer, while Lewis E Piatt will become lead83 words
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Article58 2005-07-02 9 GREAT Eastern announced that Arthur Lim has been appointed the chief executive officer of wholly owned subsidiary, Alpha Financial Advisers Pte Ltd. Mr Lim, who appointment was effective from yesterday, has been with the Great Eastern Group since 2003. In Alpha, he will be58 words
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Article82 2005-07-02 9 NETELUSION Limited has appointed John Leung as director of corporate development, based in Singapore. Mr Leung joined NeteLusion from Kelly Services, where he headed, the marketing department as regional marketing manager, Asia. At NeteLusion, Mr Leung will handle investor relations and create business alliances and opportunities82 words
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Article59 2005-07-02 9 SOH Kee Hean has been appointed director of the Corrupt Practices Investigation Bureau (CPIB) from yesterday. He succeeded Chua Cher Yak who retires after more than 11 years as director of the CPIB. Mr Soh was director of police technology in the Singapore Police59 words
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Article57 2005-07-02 9 CFA Institute announced that Dr Jan R Squires, CFA, has been promoted managing director of Asia-Pacific operations. In this newly created position, Mr Squires will manage all CFA Institute activities in the Asia-Pacific region from the organisation's office in Hong Kong. He has worked in CFA57 words
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66 2005-07-02 9 ACCOR Asia Pacific has announced several appointments iri China. Ron Podlas has recently rejoined Accor to be the general manager of Novotel Baiyun Airport Guangzhou in China. Francis Wang is the new general manager of Panorama Century Court Shanghai. Antony Platford has been appointed general manager66 words
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Article, Illustration69 2005-07-02 9 GOH Chong Theng (above) has been appointed general manager of Rabobank International's Singapore branch. He will report to Rabobank's head of Asia, Fergus Murphy. In this newly created role, Mr Goh will be responsible for the overall management of the Singapore branch. He will69 words
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Article50 2005-07-02 9 MICRON Technology, Inc has appointed Mercedes Johnson to its board of directors. Ms Johnson most recently worked with Lam Research Corporation, serving for seven years as its senior vice president, finance and chief financial officer. She is currently on the board of Storage Technology Corporation.50 words
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377 2005-07-02 9 AMIT ROY CHOUDHURY - Atos hopes Beijing games will boost its presence in China By AMIT ROY CHOUDHURY THE venue of the 2012 Olympics is yet to be decided but at least we know who will be running the information systems at whichever city377 words
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402 2005-07-02 9 DONALD URQUHART - By DONALD URQUHART SINGAPORE'S maritime regulator yesterday said it will foot the $3.5 million cost of fitting out nearly 3,000 harbour and pleasure craft with high-tech transponders in a move aimed at thwarting terrorist attacks on vessels and infrastructure within port waters The402 words
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Article, Illustration773 2005-07-02 9 KALPANA RASHIWALA - But HDB resale index down due to anti-cashback measures By KALPANA RASHIWALA THE snail's pace recovery continues for Singapore's private residential property prices, with the latest official flash estimates showing the price index just 0.4 per cent higher in theSource: - 773 words
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124 2005-07-02 9 GENEVIE CUA - By GENEVIE CUA THE lawsuit filed by a retail investor against Citibank has been dropped, and sources believe a settlement has been reached under strict confidentiality terms. Investor Lim Ann Nee sued suit proceeded, it wouhf been the firmest case strad4Si£ common law and124 words
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287 2005-07-02 9 SUCCESSFUL businesspeople are to act as mentors for budding young entrepreneurs, under a scheme organised by Ngee Ann Polytechnic and the Association of Small and Medium Enterprises (Asme). Officials from the two bodies yesterday signed the Memorandum of Understand setting up the programme, witnessed by the287 words
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215 2005-07-02 9 NGIAM YING LAN - By NGIAM YING LAN WHEN theatre doyen Kuo Pao Kun passed away in September 2002 after an illustrious career spanning almost four decades, he left behind more than just tears and a palpable sense of loss that reverberated throughout the local arts tyThe prolific215 words
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Article, Illustration527 2005-07-02 10 CHEN HUIFEN - The young need to be able to connect with people of different cultures and languages By CHEN HUIFEN IT'S an evolving world out there, and universities need to adapt to the changing times to prepare students for the kind of world they will527 words
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177 2005-07-02 10 LIM How Teck, who has retired as executive director and group chief financial officer of Neptune Orient Lines, is back on the board of Singapore Commodity Exchange (Sicom) as its new chairman. He was Sicom chairman from 1996 to June 1999 and a177 words
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Article, Illustration141 2005-07-02 10 HER World magazine yesterday celebrated its 45th anniversary in style at Paragon Atrium. The champagne party kicked off with a fashion show. Beautiful and leggy models took to the catwalk in a wide range of apparel from Calvin Klein, Versace, Miss Sixty andARTHUR LEE - 141 words
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419 2005-07-02 10 VEN SREENIVASAN - Reports say it has approached AirAsia chief executive By VEN SREENIVASAN EVEN as it negotiates a possible alliance with Jetstar Asia, Singapore-based discount carrier Valuair is seeking more capital from both shareholders and potential new investors. Valuair's executive vicepresident Arthur Lim declined to comment419 words
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Page 9 Advertisements
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Advertisement89 2005-07-02 9 ■B MM An OIL TRADING COMPANY as an opening for OPERATIONS EXECOTIVE 1 2 years experience in oil industry with good knowledge of petroleum trade terms preferred Relevant experience in the refinery, operations, marketing, chartering risks management preferred Good command of English must be PC literate Fresh graduates WILL NOT89 words
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Advertisement442 2005-07-02 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of BAYTEX INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) Co Reg No: *****2775R NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at 78 Shenton Way #33-00 Singapore *****0 on the 20th day of442 words
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Advertisement366 2005-07-02 10 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KOBE LEADFRAME SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Final General Meeting of the abovenamed Company will be held at 47 Hill Street #05-01 Chinese Chamber366 words
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Advertisement41 2005-07-02 10 Lianhe Zaobao President of the Society of Remisiers I I The Singapore I I bourse this year I I sj m.BL I V V Head to The New Paper Fast Ads for education options! I Buy It Sdl It Find It'41 words
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REGION
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600 2005-07-02 11 SHOEB KAGDA - Prospect follows announcement of requirements for anchor banks By SHOEB KAGDA in Jakarta INDONESIA'S banking industry could be heading for a major shake-up, following the central bank's announcement this week of what it will require of banks wanting to be600 words
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Article, Illustration836 2005-07-02 11 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur THE future ,of the flamboyant chief executive of national car maker Proton, Tengku Mahaleel Ariff, looks uncertain in the wake of reports that he had been reprimanded by the carmaker's board. According to the reports carriedBLOOMBERG - 836 words
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615 2005-07-02 11 PAULINE NG - By PAULINE NG in Kuala Lumpur BASED on an issue price of RM1.25 (550.55) a unit, successful retail investors of Axis Real Estate Investment Trust (Axis-Reit) can expect a net dividend of 8.02 per cent for the current financial year. Dividends615 words
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696 2005-07-02 11 [KUALA LUMPUR] A year after five "highly regarded professionals" were handpicked to lead five government-linked companies (GLCs), some observers are still not satisfied with the financial performance of some of these GLCs, The Star reported. What they do like is696 words
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214 2005-07-02 11 Reuters [SHANGHAI] Vanke Co Ltd, China's most valuable listed property developer, will set up a US$lOO million venture with Singapore's Reco Ziyang Pte Ltd to invest in domestic and overseas real estate markets. The 50-50 venture will operate for 30 years, VankeReuters - 214 words
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NOTE BOOK
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82 2005-07-02 11 Reuters [BEUING] Chinese President Hu Jintao is to attend a Central Asia security forum next week, keen to assert his country's influence in the region whose oil and gas it covets but whose instability is a matter of concern. Combating what China callsReuters - 82 words
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82 2005-07-02 11 AFP [BEUING] China's ministers of justice and labour have been changed in the biggest cabinet reshuffle since a new generation of leaders took office more than two years ago, state media reported yesterday. Newly appointed Justice Minister Wu Aiying, who was formerly vice-justice minister, will beAFP - 82 words
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63 2005-07-02 11 Bloomberg [BANGALORE] The construction of a new airport at Bangalore is scheduled to begin today, three years late and exceeding its original budget by 3.1 billion rupees (Ssl2o million). The proposed airport, a US$32O million project after the cost escalation, will be able to handle fiveBloomberg - 63 words
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69 2005-07-02 11 Reuters [JAKARTA] Indonesia will buy back some rupiah government bonds and offer investors a chance to switch short-term papers to longer maturities in July's second week as part of efforts to ease its debt burden, a senior official said yesterday. The targeted amountReuters - 69 words
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Article34 2005-07-02 11 Reuters [BEIJING] China's ruling Communist Party turned 84 yesterday, trumpeting an increase in young new members and calling itself the world's largest political party in terms of membership. —ReutersReuters - 34 words
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69 2005-07-02 11 AFP [BEIJING] China's planned property law could help borrowers gain easier access to bank loans by extending the range of assets they can use as collateral, a government official said yesterday. Both companies and individuals will be able to use theAFP - 69 words
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Article, Illustration506 2005-07-02 12 UNOCAL SAGA Government urged to block US$18.5b bid for Unocal by China oil company [WASHINGTON] The US House of Representatives overwhelmingly voted late on Thursday for a measure opposing CNOOC's bid for US oil exploration group Unocal. The lawmakers voted 398-15 for a nonbinding resolutionREUTERS - 506 words
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153 2005-07-02 12 Reuters [BEIJING] A takeover of US oil producer Unocal by China's CNOOC could relieve upward pressure on the yuan currency because of the massive US dollar loans it would require, Chinese state media said. Beijing has been under pressure to allow the yuan, now peggedReuters - 153 words
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166 2005-07-02 12 Reuters [BEIJING] China's US$2l billion national welfare fund is still awaiting final government regulations to allow it to invest in overseas markets, such as Hong Kong, the China Securities Journal said yesterday, quoting a spokesman for the fund. "It's difficult to determine theReuters - 166 words
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Article517 2005-07-02 13 Value of global acquisitions on the rise, and projected to soar further: report [MUMBAI] The number and value of global acquisitions by Indian companies increased in the first half of this year and the trend is set to strengthen further, according to a report on cross-border517 words
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Article5203 2005-07-02 13 Transaction Date: Jul 1 MOST ACTIVE STOCKS VOLUME VALUE Olam 10c 21.301.000 SingTel 15c 53.908.310 UniFiber 10c 19.710.000 QUE 27.101.050 SingTel 15c 19.621.000 UOB 24.123.568 SuntecReit 10.327.000 Olam 10c 19.052.845 Meiban 5c 10.227.000 STEngglOc 16.083.650 Man Wah HK40c 8.643.000 Semb Corp Ind 25c 15.522.622 Goldtron 5c 7.965.000 SuntecReit 12.644.5805,203 words
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201 2005-07-02 13 Bloomberg [MUMBAI] India's central bank has told commercial lenders to improve disclosure on property loans after a surge in bank loans to homebuyers and developers. The governing board of each bank must prepare a policy specifying a limit on property loans, depending onBloomberg - 201 words
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WORLD
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393 2005-07-02 14 ANTHONY ROWLEY - Manufacturers plan to boost capital spending, even as exports slow By ANTHONY ROWLEY in Tokyo BUSINESS confidence in Japan rose to an unexpectedly high level in June, according to latest tankan survey published yesterday. And plans by large manufacturers to boost capital spending393 words
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399 2005-07-02 14 LATEST US DATA Bloomberg AP [NEW YOBK] US consumers grew more optimistic in June for the first time this year as the job market improved and petrol prices receded from record levels, a private report showed. The University of Michigan'sBloomberg; AP - 399 words
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Article, Illustration825 2005-07-02 14 CHRISTOPHER REED - LIGHT REED The Iraq war will plod on as long as Sept 11 remains a prominent part of 4th of July rhetoric CHRISTOPHER REED Americans celebrate their most important national holiday on July 4, the anniversary of the day in 1776 when their Continental Congress825 words
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449 2005-07-02 14 It hikes fuel, electricity rates by almost 10% AFP. Reuters [MANILA] An unpopular consumption tax came into force in the Philippines yesterday, sparking fresh street protests demanding the ouster of President Gloria Arroyo who is fighting off charges she rigged last year's vote. The value-addedAFP.; Reuters - 449 words
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Article, Illustration296 2005-07-02 14 AFP [LOS ANGELES] A US mother had the name of a casino permanently tattooed on her forehead after auctioning off advertising space on her head to pay for her son's school fees, she said on Thursday. Karolyne Smith. 30. turned her headAFP; AP - 296 words
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WORLD WATCH
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76 2005-07-02 14 Reuters [NEW YORK] A bidder appears to have won lunch with billionaire Warren Buffett after offering U*****,100 in a week-long auction on eßay Inc's website. According to the website, the top bidder was hanka3ls3. The bidder outbid rivals including Singapore resident Jason Choo, who wonReuters - 76 words
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55 2005-07-02 14 Bloomberg [WASHINGTON] President George Bush nominated Representative Christopher Cox to be chairman of the US Securities and Exchange Commission, the White House said. The California Republican would replace SEC chairman William Donaldson. Mr Bush also named SEC commissioner Cynthia Glassman, the senior Republican member, toBloomberg - 55 words
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Article94 2005-07-02 14 AFP < 9 [WASHINGTON] Sandra Day O'Connor, the first woman appointed to the US Supreme Court and a frequent swing vote, has announced her retirement, a court source said yesterday. Her retirement, which sets up a political battle for a successor and gives President GeorgeAFP - 94 words
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101 2005-07-02 14 AP [WASHINGTON] The US government announced an 11-nation crackdown on Internet piracy organisations responsible for stealing copies of the latest Star Wars film and other movies, games and software programs worth at least US$5O million. FBI agents and investigators in the other nations conducted 90AP - 101 words
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Article72 2005-07-02 14 AP [LONDON] Britain yesterday took the European Union helm, looking to its partners to say if and when they are ready to negotiate a fundamental reform of EU finances in the years ahead. During its six-month EU presidency, British officials said, London wants its partnersAP - 72 words
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69 2005-07-02 14 AP [SEOUL] The former chairman of collapsed Korean conglomerate Daewoo Group was yesterday indicted on fraud charges worth US$7l billion after living nearly six years abroad on the run. Kim Woo-choong, who returned to Seoul last month after fleeing the country in 1999, is accusedAP - 69 words
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81 2005-07-02 14 Bloomberg [LOS ANGELES] Smoking deaths cost the US about US$92 billion a year in lost productivity from 1997 to 2001, according to data from the US Centers for Disease Control and Prevention. The estimate is about US$lO billion higher than a previousBloomberg - 81 words
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89 2005-07-02 14 NYT [NEW YORK] Bernard Ebbers, the founder and former chief executive of World Com who was found guilty of fraud, agreed on Thursday to surrender nearly all of his personal fortune about US$4O million to investors who lost billions when the telecoms company went bankruptNYT - 89 words
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MOTORING
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Article, Illustration528 2005-07-02 15 SAMUEL EE surveys Maserati's hottest new import the limited edition MCI 2 IT'S big, fast and flat and it will cost more than $4 million if registered here. But apart from the limited edition Maserati MCl2's hefty price tag, the other problem is that it can't bd drivenPHOTOS BY ARTHUR LEE - 528 words
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Article, Illustration540 2005-07-02 15 SAMUEL EE - By SAMUEL EE AT a time when other German carmakers seem to have gone for a modern interpretation of their marques' classic design language, Audi has .remained relatively conservative. Still, its models exude a quiet appeal as they project their traditional image of robustness and strength. One540 words
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Article, Illustration378 2005-07-02 15 WILLIAM WHEY - By WILLIAM WHEY THE 1950s movie Sabrina has a scene in which pretty Sabrina Fairchild tries to end her life by running the engines of all the cars in an enclosed garage. The people at this year's Dream Cars Asia Motorshow Singapore 2005 aren't suicidal, but IPHOTOS BY WILLIAM WHEY - 378 words
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Article, Illustration341 2005-07-02 15 SAMUEL EE - By SAMUEL EE THE Honda Accord is set to re-enter the two-li-tre segment after a four-year break. Authorised distributor Kah Motor is now taking orders for an Accord 2.0 at the initial launch price of $89,800 and the car will arrive at the end of341 words
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GOLF
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Article, Illustration987 2005-07-02 16 JUSTINE MOSS - Michael Campbell has lifted NZ golf into the sporting spotlight, says JUSTINE MOSS JUSTINE MOSS IT'S a long way from the Caltex Singapore Masters to the US Open, in distance as well as prize money, but Michael Campbell has played in both tournaments with vastly differ- ent results.AFP; REUTERS, AP - 987 words
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Article, Illustration429 2005-07-02 16 VEN SREENIVASAN - By VEN SREENIVASAN FOR the first time ever, Asian golf courses are getting together to form an advocacy group which they hope will enhance their clout in a region where the game is enjoying phenomenal growth. The Asian Golf Course429 words
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Advertisement408 2005-07-02 16 Ntaili (ml Jljjoniww! $11 JO 111 (M4 Relive thfpwanakan culture and savour the popular KmM -The Alien Kitchen cultural mix of the Peranakan cuisine: special homemade Ah Hoi s Kitchen *HJJ* J_..l J JL.i-.. Jul i. i Tin iiiiiiiiiiiniiiiiiiilliiii I spices and arometkdtehes, served buffet-style. Traders Hotel Poobide,tevei 4, lAOiaeadmMoad.408 words
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Page 16 Miscellaneous
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Miscellaneous200 2005-07-02 16 CRYPTIC CROSSWORD DOWN 2 Longing, but not for a start, to 14 insignificant part, one length Across: 1 Blow the whistle, 10 be receiving money (7) (10) Hit-and-run, 11 Singe, 12 Denarii, 3 Not lose this attraction! (4) 17 from Suez I ran off to state 13 Safari, 15 Item,200 words
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SHOPPING
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Article, Illustration1000 2005-07-02 17 CORINNE KERK - Me my shoes CORINNE KERK checks out places where you can get comfortable and well-made kids' shoes CORINNE KERK AS with many things, there are two extremes from which you can swing when looking to buy children's shoes. There are the cheap PVC varieties and there are the branded ones1,000 words
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Article, Illustration472 2005-07-02 17 CORINNE KERK - By CORINNE KERK ANY adult hunting for toys as gifts for children will have noticed this too much of the stuff kids are clamouring for these days are either movie/TV merchandise, comput-er-related or downright violent. So if you're one of those concerned about the impact472 words
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FOOD
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Article, Illustration1132 2005-07-02 18 GEOFFREY EU - GEOFFREY EU checks out the scene and the new neighbours in Katong and finds intimate venues serving up unpretentiously delicious fare GEOFFREY EU J 00 Chiat Road in Katong long an integral part of a charming Singapore neighbourhood is a wellknown destination forPHOTOS BY ARTHUR LEE - 1,132 words
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Page 18 Advertisements
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Advertisement567 2005-07-02 18 a Advertisement --i; JUKa < .w inrji mm#* ■> -.jjmmjfmltk mm Epitome of elegant dining at Crystal Jade Golden Palace Is Fit Lawry's The Prime Rib Restaurant For The Emperor «SH For over six decades, Lawry's The Prime Rib has been A hidden culinary treasure beckons on the 5th level567 words
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TRAVEL/FOOD
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Article, Illustration712 2005-07-02 19 TOM AIKENS - TOM AIKENS 43 Elystan Street, London SW33NT Tel: 020-7584-2003 www. tomaikens. Co. Uk ONE thing about chefs is that no matter how sleepy they are, their eyes are sharp as an eagle's when it comes to the goings-on in their restaurants. Tom Aikens on a Monday712 words
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Page 19 Advertisements
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Advertisement571 2005-07-02 19 Advertisement *#<*>■■■*?*■ "»«><'''' *fi| Of Dining At New Yamagen Oodles Of Yumminess At Nooch z|S A good Japanese restaurant is often rated on three Noodles are to Asians what hamburgers arc to Americans. H^^Es^B factors. A third of marks go to the cooking, a third to the Which explains why571 words
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THE BUSINESS TIMES weekend
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Article244 2005-07-02 20 JAIME EE - UK chefs are making waves in the culinary world but trust them to remain unfazed by all the hoopla, says JAIME EE JAIME EE IT WASN'T that long ago that foodies around the world were singing the praises of Spanish cooking. Headed particularly by El Bulli's244 words
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Article, Illustration1608 2005-07-02 20 HESTON BLUMENTHAL - HESTON BLUMENTHAL The Fat Duck High Street, Bray Berkshire SL6 2AQ Tel: *****-*****3 wvnv.fatduck. Co. Uk IN a sort of chicken-and-egg way, it's kind "of hard to figure out who came first Heston Blumenthal or Ferran Adria. Both are acknowledged as the top1,608 words
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572 2005-07-02 20 FERGUS HENDERSON - FERGUS HENDERSON St John Restaurant, 26 St John Street London ECIM4AY Tel: 020-7251-0848 www. stjohnrestaurant com IT's really rather hard to tell chef Fergus Henderson what you really think of his deep-fried lamb's fry when he sounds genuinely concerned that572 words
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Page 20 Advertisements
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Advertisement6 2005-07-02 20 EWjjk GOLF Antipodean Assault, pg 166 words
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