The Business Times, 4 August 2007

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Microfilm: NL27785
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents ■V A SINGAPORE PRESS HOLDINGS PUBLICATION August 4-5,2007 MICA (P) 202/12/2006 online at http://business-times.asia. .com.sg
    22 words
  • Article
    Lock icon STB rejects Horizon en bloc sale
    714 1 Without going into details, the board says that statutory requirements had not been met By MICHELLE QUAH [SINGAPORE] Jubilant minority owners of Horizon Towers hugged and congratulated one another in court yesterday after the Strata Titles Board (STB) threw out the en bloc sale
    714 words
  • Article
    Lock icon Fortis holds key to battle for ABN Amro
    593 1 Shareholders to decide on Monday whether to back consortium's bid By CHOW PENN NEE [SINGAPORE] While cameras trail the movers and shakers at ABN Amro and its suitors Barclays and the Royal Bank of Scotland (RBS), the fate of the world's biggest-ever
    593 words
  • MARKETS DIGEST
    • Article
      Lock icon markets
      46 1 Friday lange KLCOMP 1,335.42 +2.14 NIKKEI 225 16,979.86 -4.25 HANG SENG 22,538.44 +95.19 SET INDEX 837.73 +7.44 JAKARTA COMP 2,269.79 -1.06 MANILA COMP 3,352.24 -6.78 SEOUL COMP 1,876.80 +23.73 SHENZHEN B 783.39 +6.67 MUMBAI IND 15,138.40 +152.70 12NOONEDT Change DOW 13,422.12 -41.21 NASDAQ 2,563.11 -12.87
      46 words
    • Article
      Lock icon prime rates
      30 1 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.620 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.47 INDIA 12.75 Source:
      1 Bloomberg  -  30 words
    • Article
      Lock icon FOREX
      41 1 uss SS IS$ (S$ per US$) 1.519 (US$/S$ per 2.036 3.092 :URO(US$/S$/E) 1.369 2.079 'EN 119.20 78.50 3.462 2.280 IK$ 7.829 5.155 !AHT 33.84 22.28 1UPIAH 9,278 6,109 1ENMINBI 7.566 4.982 INDIAN RUPEE 40.34 26.56 1.168 0.769 IZ$ 1.307 0.860
      41 words
  • Page 1 Advertisements
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      8 1 |ll ***** l llll||l llllHlllll 8 *****1 *****4
      8 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      275 1 Wl m\. BS-% Designed by Paul Rudolph Erfl^J one of twentieth century's most iconoclastic architects The *Vy-'Jp mgf tW-4^ Colonnade stands as his only i i^ full residential development in j J Asia. Just steps away from the I w^m \WmAm\ bustling Orchard Road shopping IW\ -Br belt, The Colonnade
      275 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      95 1 A| iK^S" G0LF CORPORATE j^Pfz^£ MOTORING PROPERTY X Malaysian RESULTS j An electric Hong Kong market ISRIr brothers boleh! Venture Q2 profit *±=&^^MW^ dream come true gets hotter m L± 1 page 16 jumps50% pages EllfisPr PAGE 15 PAGE2 Private banking and wealth management involve a little bit of mothering.
      95 words
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      21 1 jßt* ..^nMi_______fl____________^_____i _____________l_Et^^' I &-^4^^ |^B W)l" 1* it V_flpf¥*j *M s—l5 —1 iiJJ^^Ss-'" Wr PAGE 20 ABN takeover. Page 7
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  • TOP STORIES
    • Article, Illustration
      Lock icon Hong Kong property market gets hotter
      660 2  -  JANE MOIR Properties in HKssom-HKsloom range particularly popular now in Hong Kong LUXURY rents in Hong Kong are soaring to new highs, with monthly payments hitting as much as HK$5OO,OOO (5597,000), as demand from financial services professionals shows no sign of abating. Prime residential
      AFP  -  660 words
    • Article, Illustration
      Lock icon How Temasek can set itself apart
      783 2  -  SIOW LI SEN COMMENTARY ON Thursday, at Temasek's press conference to report on its annual review for the year ended March 31, 2007, executives of the group investment agency touched on the the current debate over sovereign wealth funds and said there was concern
      783 words
    • Article, Illustration
      Lock icon Forecast for '07 construction demand raised to $19b-$22b
      394 2  -  ARTHUR SIM [SINGAPORE] Construction demand continues apace, resulting in Building and Construction Authority (BCA) revising its forecast for construction demand for 2007. It now expects building contracts to reach between $19 billion and $22 billion in value, up about $3 billion from
      394 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Venture Q2 profit up 50% at record $78.7m
        58 2 VENTURE Corporation yesterday reported a 50 per cent surge in second quarter net profit, helped by increased orders. For the quarter ended June 30, Venture chalked up record profits of $78.7 million, up from $52.6 million last year, on record revenues of
        58 words
      • Article
        Lock icon SingLand, UIC post higher Q2 earnings
        52 2 CBD office landlord Singapore Land and its parent, United Industrial Corp, have reported higher second-quarter earnings. Sing Land's net profit for the three months ended June jumped 32 per cent to $33.9 million while UlC's surged 47 per cent to $28.3 million. COMPANY NEWS,
        52 words
      • Article
        Lock icon Steps to take to keep your business model relevant
        69 2 COMPANIES need to identify their niche in the value chain, adopt smart governance and have the right people in place if they want to keep their business models relevant. Rapid technological change means business models must be changed and adapted if
        69 words
      • Article
        Lock icon Outbound travel growth seen easing to 3%
        60 2 GROWTH of outbound travels from Singapore is expected to ease in the second half compared with the first half. The latest Masterlndex of Travel report shows a growth estimate of 3 per cent for the July-December period, down from a projected 5.2 per
        60 words
      • Article
        Lock icon Garuda nets 148b rupiah H1 net profit
        61 2 AFTER languishing in the red for three years, Indonesia's national airline, Garuda, has finally reversed course and turned in a profit. It reported net earnings of 148 billion rupiah (5524.2 million) for the first six months of 2007 a turnaround from a net
        61 words
      • Article
        Lock icon Beijing takes heat at home over investments
        67 2 THE first purchase by the Chinese government's new overseas investment fund, a US$3 billion stake in the Blackstone Group, has produced an unusual public backlash within China. Since Blackstone went public on June 22, the company's shares have fallen steeply, pushing down the
        67 words
      • Article
        Lock icon India to soon implement new FDI norms
        59 2 THE government is in the final stages of working out new security norms for foreign direct investments in India that will apply to all foreign investors. Prime Minister Manmohan Singh seems disinclined to unnecessarily block foreign capital and wants policy makers and implementers
        59 words
      • Article
        Lock icon Economic forces will drive Asian market cohesion
        48 2 REGIONAL financial integration is likely to be the result of market forces rather than design, as Asian countries put their houses in order and strengthen their domestic financial systems, speakers at the Singapore Economic Review Conference said yesterday. ASIA-PACIFIC/WORLD, PAGE 14
        48 words
    • Article
      Lock icon MAS monitoring US sub-prime impact on finance institutions in Singapore
      744 2  -  SIOW LI SEN MAS said. Exposure of local banks to CDOs said to be very low [SINGAPORE] The Monetary Authority of Singapore (MAS) says it is monitoring the impact of the US sub-prime mortgage market on local financial institutions. "MAS
      MAS said.  -  744 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The power beneath the charm
      2032 3 she said. HER charm and easy demeanour might soften men's hearts. But Sallie Krawcheck is not all she seems. In fact she's been on Fortune magazine's list of "Most Powerful Women" in business for six straight years. In 2006 she was ranked sixth and this
      she said.; – Sallie Krawcheck  -  2,032 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      15 3 13 I m^affles Beijing Hotel Almost 100, and still the city's best new hotel m
      15 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      324 3 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the 1"V /^T^ world's top hotel brands in the 2006 Conde M I I I y^y/~*i Nast Traveler Business Travel Awards, "^k If" Raffles Hotels Resorts is a collection of -MJ^SVJ luxury
      324 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Ex-Parkway chairman heads London-listed private equity firm
      776 4  -  MATTHEW PHAN THE man responsible for turning around hospital group Parkway Holdings, former chairman Anil Thadani, is once again leading a publicly listed company in London this time, and of his own creation. Symphony International Holdings, a private equity firm Mr Thadani and
      FILE PHOTO  -  776 words
    • Article, Illustration
      Lock icon OCBC Bank makes saving fun for schoolchildren
      447 4  -  ARTHUR LEE OCBC Bank is using the collection of stickers as part of its programme to make saving fun for children a move reminiscent of the days when the then Post Office Savings Bank (POSB) ancouraged saving by the young through the collection
      ARTHUR LEE  -  447 words
    • Article
      Lock icon Asia-Pacific banking M&As double in value
      458 4  -  CONRAD TAN Domestic deals boost ex-Japan regional total to USs3ob in 2006 THE value of mergers and acquisitions (M&A) in Asia's banking industry almost doubled last year, boosted by a massive surge in domestic deals, according to a new report. Excluding deals in Japan,
      458 words
    • Article
      Lock icon Telstra challenges SingTel funding
      261 4 J Reuters [SYDNEY] Telstra Corp Ltd yesterday launched a legal challenge to an Australian government decision to award rival Singapore Telecommunications Ltd As9sB million (Ssl.2 billion) in funding to provide broadband in remote areas. SingTel's Optus unit last month secured the funding for its broadband joint
      J – Reuters  -  261 words
    • Article, Illustration
      Lock icon BKM to focus on water treatment services
      534 4  -  MATTHEW PHAN MARINE engineering company Beng Kuang Marine (BKM) plans to earn a quarter of its revenues from water and environmental services within three to five years, said executive director Chua Meng Hua in an interview. The Sesdaq-listed company, which is more than
      534 words
    • Article, Illustration
      Lock icon Keppel O&M opens Nantong shipyard
      299 5 KEPPEL Offshore Marine (Keppel O&M), the shipbuilding arm of Keppel Corp, has officially opened its new Nantong shipyard facility in China. The wholly owned subsidiary in Jiangsu province, Keppel Nantong Shipyard Co Ltd, was acquired by Keppel O&M in May 2005." The opening was landmarked
      299 words
    • Article
      Lock icon Venture's Q2 profit jumps 50%
      383 5  -  y ROLAND LIM Firm chalks up record earnings of $78.7 m on increased orders B; CONTRACT manufacturer Venture Corporation yesterday reported a 50 per cent surge in second-quarter net profit, helped by increased orders. For the quarter ended June 30, Venture chalked up record profits
      383 words
    • Article
      Lock icon SingLand, UIC both enjoy higher Q2 earnings
      481 5  -  KALPANA RASHIWALA Sing Land's profit rose 32% while UlC's profit surged 42% CBD omce landlord Singapore Land and its parent United Industrial Corp (UIC) have both reported higher second-quarter earnings. Sing Land's net profit for the three months ended June jumped 32 per
      481 words
    • Article
      Lock icon Results at a glance
      222 5 Half-year results ended June 2007 lune COMPANY CURRENT PREVIOUS CHANGE CURRENT PREVIOUS CHANGE CURRENT PREVIOUS CHANGE 1 Venture Corp 149.37 101.92 46.6 2 Spore Land 62.04 48.28 28.5 3 UIC 50.46 36.29 39.0 1973.56 1484.45 32.9 54.70 37.70 45.1 114.03 103.06 10.6 15.00 11.70 28.2 216.60
      222 words
    • Article, Illustration
      Lock icon Sub-prime worries lead to sub-par performance
      537 5  -  R SIVANITHY STOCKS A WEEK that started off holding some promise but ultimately failed to live up to expectations when the dust settles on the current market turmoil, that's how the past five days will be remembered. To be sure, there had already been
      537 words
    • Article
      Lock icon China Merchants Q2 net rises 23% to HK$88.3m
      258 5  -  ARUN JOHN By CHINA Merchants Holdings has announced a 23 per cent year-on-year rise in net profit to HK588.34 million (5517.1 million) for the second quarter. The group, whose core business is operating of toll roads in China, saw revenue for the
      258 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      171 4 GLOBAL EDUPRENEUR PROGRAM EARN $10,000 MONTHLY without quitting your job. 100% license fee MONEY BACK GUARANTEE* Special Benefits Discover "SECRETS" to earn $10,000, $20,000, $30,000 monthly. jJvT*"^ T 'SiHi.-'j'' 1& *3sfjsafj 'rf»mm PROVEN SURE way to succeed with MONEY BACK GUARANTEE* IS*!^FSfS«K,':'/ $wJ» •We show you "LIVE" how to make
      171 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      71 5 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. H Best of Malaysian Properties Exhibition Date: Friday, 17th Sunday, 19th August 2007 10.00 am-6.00 pm Venue: Grand Hyatt, Mezzanine Floor, Sir Henry Keppel Room I, II 111 at
      71 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      944 6  -  MATTHEW PHAN Star Hub Aug 3 close: 552.88 Citigroup, Aug 2 GOOD value but limited short-term catalysts: 2Q results and commentary reaffirms our view that the stock lacks immediate catalysts. That said, we think investors with a 12-18 month view should look to accumulate at these levels as
      944 words
    • Article, Illustration
      Lock icon Not many benefit from bull run
      1086 6  -  TEH HOOI LING SHOW ME THE MONEY BULL market is the time to accumulate cash." I was told this recently on two separate occasions in the space of a week by two investors who have shown their astuteness in the market over the years.
      : Trading engine & CDP;trading value includes both BUY & SELL trades  -  1,086 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      890 6 For week beginning Jul 30 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After itock Date Director Conv '000 Shr ('000) ('000) D/c JTAC 2-Aug-07 UBS AG "Sell 4045 na ***** 4.91 ***** HiapSeng Engg 1-Aug-07 Hai Leek Engg
      890 words
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  • FOCUS: ABN TAKEOVER 7
    • Article, Illustration
      Lock icon Breaking up is hard to do
      1534 7 ABN Amro's search for a suitor has put its board in a bind and could see the bank being split three ways. CHOW PENN NEE reports IT'S not often that a 183-year-old employer of 105,000 workers goes looking for suitors, but you could say
      John Varley, Barclays CEO  -  1,534 words
    • Article
      Lock icon Barclays execs snap up £6m worth of bank's shares
      274 7 [LONDON] Executives of Barclays, the UK bank competing to buy ABN Amro Holding, bought Barclays shares valued at about £6.2 million (5519.2 million). Barclays president Robert Diamond bought 140,000 shares at 679 pence apiece, bringing his total holding to 3.36 million
      274 words
  • Page 7 Advertisements
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Steps to take to keep your business model relevant
      463 8  -  NISHA RAMCHANDANI Identify your niche, adopt smart governance, have right people in place COMPANIES need to identify their niche in the value diain, adopt smart governance and have the right people in place if they want to keep their business models
      YEN MENG JIIN  -  463 words
    • Article
      Lock icon Make HIV testing part of optional health screening, says Khaw
      364 8  -  OH BOON PING THE government is encouraging HIV testing as part of health screening, but is considering an opt-out scheme, rather than making it compulsory. Yesterday, Health Minister Khaw Boon Wan said this is important as the infection rates are
      364 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7701 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.085/ Star Europe Bond 1.188/ Star Europe Bal 1.252/ Star Asian Tiger Eqty 1.572/ Star Asia Bond 1.287/ Star Asia Balanced 1.114/ Star Global Technology Fund!" 0.236/ MultiStFd 1.003/ Star Asia Bond(USD) 0.848/ Gib Multi St USD 1.19/ Asia
      7,701 words
    • Article
      Lock icon NEA dangles carrot for hotels to go green
      513 9  -  MATTHEW PHAN Top 25% of the energy efficient to get Energy Smart Hotel label HOTELS in Singapore now have a new incentive to be more energy-efficient. The National Environmental Agency (NEA) has launched a scheme that will give the top 25 per
      513 words
    • Article
      Lock icon Bintan Resorts launches new IR development site at Lagoi Bay
      355 9  -  ■ARUNJOHN By BINTAN Resorts has launched a new integrated resort (IR) development site at Lagoi Bay, spread over roughly 1,300 hectares. The 130 land parcels there, ranging from 2000 sq m to 30 hectares, will allow for resort, residential and
      355 words
    • Article, Illustration
      Lock icon Family-friendly wardrobe feast
      383 9 BTEJM BT-FRASERS CENTREPOINT MALL PROMOTION CLOTHES make the man, so the saying goes. At Bossini, it's more than just stylish threads in store. The outlet at The Centrepoint takes a step further to be family-friendly by including the nappy-wearing population in their customer base. As one of
      383 words
    • Article
      Lock icon 3i to buy stake in Oiltanking terminals
      345 9  -  RONNIE LIM UK-LISTED private equity firm 3i is buying a 45 per cent stake in Oiltanking of Germany's storage terminals in Singapore, Amsterdam and Malta for 115 million euros (Ss23B million). Oiltanking operates a 1.3 million cubic metre tankfarm in Singapore, worth more
      345 words
    • Article, Illustration
      Lock icon Outbound travel growth likely to ease in H2: report
      571 9  -  LYNETTE KHOO By THE growth of outbound travels from Singapore is expected to ease in the second half of the year compared with the first half, the latest Masterlndex of Travel report shows. While three million Singaporeans out of a population
      FILE PHOTO  -  571 words
    • Article
      Lock icon SLA rents out more state properties
      336 9  -  HAN MIN CHUNG By AS part of its efforts to increase the supply of office space, the Singapore Land Authority (SLA) said it has awarded the tender for three state properties to be rented out. The property at 3 Shan Road, formerly Moulmein Community
      336 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon PSA to resume normal ops at Tuticorin, India
        76 9 [SINGAPORE] PSA International said yesterday that operations at its south Indian port would return to normal, with all three quay cranes in use, after it cut capacity by 25 per cent last month. PSA said in July that it would reduce the
        neuters  -  76 words
      • Article
        Lock icon A*Star gives $10m for 16 research projects
        58 9 A*STAR yesterday announced that it has awarded $10 million in research funding to 16 projects proposed by local universities, covering fields like renewable energy, chronic diseases and digital rights protection. The research grants were given under the Public Sector Funding (PSF) programme, administered
        58 words
      • Article
        Lock icon Wine challenge, wine fair and more
        94 9 CHINESE daily Lianhe Zaobao and wine magazine The Wine Review are co-organising a wine challenge to recognise and reward winemakers with the highest-quality wines. About 376 wine labels from 32 participating wine companies in more than 40 regions will be vying for the top
        94 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      33 8 Allianz Global Investors one of the world's largest asset managers with more Allianz (jji) I than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors I company regn. no *****7169Z
      33 words
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  • MALAYSIA
    • Article
      Lock icon Berjaya to embark on Vietnam project
      249 10 The firm will jointly develop a USs3.sb university township in Ho Chi Minh City [KUALA LUMPUR] Malaysian property firm Berjaya Land Bhd said yesterday that it had agreed to jointly develop a US$3.5 billion new university township in Ho Chi Minh City. The project,
      249 words
    • Article
      Lock icon Transmile CEO officially resigns from company
      191 10 [KUALA LUMPUR] Transmile Group Bhd's director and chief executive officer Gan Boon Aun, who is facing charges of irregularities, officially resigned from the company on Thursday. Mr Gan, who holds 7.71 million ordinary shares in the air freight carrier, was also the founder of
      191 words
    • Article, Illustration
      Lock icon Malaysian filmmaking scene gets taste of Bollywood
      410 10 -AP [KUALA LUMPUR] Sexy dances. Colourful costumes. Foot-tapping songs. Local movie stars have never seen anything like it on their sets. The Malaysian film industry, known for its staid some would say sleep-in-ducing offerings, is getting a dose of spice from Bollywood, its
      -AP  -  410 words
    • Article
      Lock icon SGX MAINBOARD
      8459 10 Transaction date: Aug 3 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil Company 3.5 2 5716 1st Software 22 6 3148 STelecom 34 20 5834 A-Sonic 103 98 6389 ABF SG Bond
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  • INDONESIA
    • Article
      Lock icon Garuda nets 148b rupiah H1 profit
      491 11  -  LAUREL TEO Saudi Arabia drops plans to ban Indon airlines following an audit in Jakarta AFTER languishing in the red for three years, Indonesia's national airline, Garuda, has finally reversed course and turned in a profit. It reported net earnings of 148 billion rupiah
      491 words
    • Article
      Lock icon Telkom to raise Internet investments
      184 11 Bloomberg [JAKARTA] PT Telekomunikasi Indonesia, South-east Asia's second-largest phone carrier, will raise investments in high-speed Internet services to counter market share gains by new mobile-phone operators including billionaire Li Ka-shing. The Bandung, West Java-based company will spend US$5O million this year to upgrade its network,
      – Bloomberg  -  184 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        61 11 VOLUME VALUE (S) FuiianZY 109,340,000 UOB 319,761,360 Yon. inam 68,848,000 DBS Gri 318,331,857 *StarCruises 52,132,000 OCBC Bk 148,154,416 Ban Joo 45,813,000 Sin. iTel 121,481,280 Dutech 38,860,000 Caj litaLand 100,364,045 UOB MBL eCW*****5 35,938,000 Fu. iianZY 90,658,680 Sin. iTel 35,034,000 Kei I Con 78,162,393 China Hon ]xin 35,004,000
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      • Article
        Lock icon RISES
        103 11 BY CENTS BY PERCENTAGE CLOSE UP CLOSEUP Venture Cor| 1470 60.0 4.3 irtalanMBLeCW***** 100.0 0.5 Kei ;l Cor| 1350 50.0 3.; SIASGAeCW*****7 10 100.0 5.0 SIA 1830 50.0 2.8 OCBC Bk DB ePW*****4 17 78.9 7.5 SIA 200 1830 50.0 2.8 SPH CS eCW*****0 12.5 66.7 5.0 TIH 416
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      • Article
        Lock icon FALLS
        116 11 BY CENTS BY PERCENTAGE CLOSE DOWN CLOSE DOWN CCCCRB eCW*****5 228 -82.0 -26.5 Gen Int BNPeCW*****0 0.5 -75.0 -1.5 UOB 2100 -70.0 -3.2 HPL MBLeCW*****5 -66.7 -2.0 DBS Gr| 2190 -50.0 -2.2 OCBCBk SGAeCW*****5 -55.6 -2.5 JMH 2390 -45.6 -1.2 iitalandDBeCW***** 1 -50.0 -1.0 NOL 545 -40.0 -6.8 Ca
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      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        84 11 MAIN Up Down Unch 10 6 2 SDQ Up Down Unch OOP TOTAL Up Down Unch 10 6 2 Multi Ind Manufacture 124 49 49 24 12 148 58 61 Commerce 50 JM J! SJ_ 2± 22 itor/ lomms Finance U_ \2 10 Construction 15 11 26
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      • Article
        Lock icon SECURITIES TRADING TURNOVER
        126 11 TURNOVER ('000) MAIN SDQ TOTAL VALUE ('000) SDQ TOTAI MAIN lulti Ind 33.340 33.340 136.821 136.821| lanufacturini 482.359 269.826 752.185 438.952 121.602 560.55' :pmmerce 207.678 16.757 224.435 116.244 4.133 120.371 'pt/Stor/Comms 134.597 4.573 139.170 343.218 3.886 347.1 :inance 61.525 111 61.636 861.418 34 861.45: instruction 238.481 50.015
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      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        231 11 Stock name Wt Close Change Allgreen 0.48 1.610 -0.060 Ascendasreit 0.96 2.650 +0.030 CapitaComm 0.53 2.620 +0.020 Capita Land 4.78 7.400 +0.150 Capita Mall 0.96 3.660 +0.060 Chart SemiCond 0.61 1.140 +0.030 CityDev 2.80 14.700 +0.200 ComfortDelGro 1.39 2.000 +0.020 Cosco Corp 1.63 4.960 +0.020 Creative
        231 words
      • Article
        Lock icon BONDS & WARRANTS
        2942 11 BONDS WARRANTS Tel Code Comi Last Sale +orPrem Expiry Vol Conv Exer Disc Gear- Mths COOP) Ratio Price ing Left 1631 Ace Dynamics W*****7 29.5 0.5 21 1674 Allgreen RB ECW*****0 2.5 -0.5 1610 2835 Allgreen RBeCW*****6 3.5 -0.5 42 #ArianeCorpLtdW*****9 4.5 0.5 2706 2227 Ascendas REIT SGA ECW*****6 14.5
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      • Article
        Lock icon SGX SESDAQ
        2454 11 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
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      • Article
        Lock icon SGX XTRANET
        72 11 52-Wk Tel High Low Code Last Sale Vol Cooo) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >am Hii ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
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      • Article
        Lock icon CLOB INTERNATIONAL
        78 11 52-Wk Tel High Low Code Last Sale Vol CPPP] Day |h Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com] >am Hii 141 104 6000 AVJennings 21.5 3 6134 Over&Gen 64 15.9 6017 StarCruises 320 169 6019 TanChonglnt A130 A16 IS52.5 IIK255 -1 +3.5
        78 words
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  • GREATER CHINA
    • Article
      Lock icon China resists call for yuan reform
      228 12 -AFP [COOLUM, Australia] China said it will not be pressured into currency reform yesterday as the United States renewed calls for it to speed up changes to make the yuan more market-orient-ed. Chinese Finance Minister Jin Renqing said his country would follow its own
      -AFP  -  228 words
    • Article
      Lock icon Beijing takes heat at home over foreign investments
      732 12 Bloomberg Value of its USs3b Blackstone stake has plunged USs42sm in just six weeks [HONG KONG] The first purchase by the Chinese government's new overseas investment fund, a US$3 billion stake in the Blackstone Group, has produced an unusual public backlash within
      – Bloomberg  -  732 words
    • Article
      Lock icon CSI 300 hits record on rosy profit growth outlook
      473 12 [SHANGHAI] China's stocks rose to a record yesterday, with the key index posting a fourth weekly gain in a row. China Merchants Bank Co led gains among lenders and property developers on speculation that profits growth will be sustained. "Average first-half
      473 words
    • Article, Illustration
      Lock icon Scandals may hurt made-in-China MNCs
      658 12 Reuters [HONG KONG] Tainted pet food, toxic toothpaste, unsafe tyres and toys the list goes on. Scandals involving Chinese products in recent months have caused the "made in China" label to mean defective, dangerous, and in the case of poisoned cough syrup in Panama deadly.
      Reuters; AFP  -  658 words
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      1455 12 f SCORPIO EAST HOLDINGS LTD. I/" iV-^ (Company Registration No. *****5164G) ttli S f (Incorporated in the Republic of Singapre) NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of SCORPIO EAST HOLDINGS LTD. will be held at 6 Harper Road #02-01, Leong Huat Building, Singapore *****4 on Wednesday,
      1,455 words
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  • INDIA
    • Article
      Lock icon India, US release text of nuclear deal
      353 13 [NEW DELHI] India and the United States spelled oui yesterday how they plan tc share civilian nuclear fuel and technology under a pact that reverses three decades of American anti-pro-liferation policy. Much of what is in the text of the so-called 1-2-3 agreement
      353 words
    • Article, Illustration
      Lock icon More than just cake and candy at children's birthday parties
      758 13 AFP Lavish parties are the latest status symbol for the rich [NEW DELHI] Inside the chandeliered party hall of an upscale hotel, with its canopies of balloons and sparkly lights, three video cameramen and two photographers jostled like paparazzi to
      AFP  -  758 words
    • Article
      Lock icon Agriculture in crisis, says PM Singh
      364 13 [BANGALORE] Prime Minister Manmohan Singh warned yesterday against complacency over India's booming economy, saying the dividends of growth are yet to trickle down to the rural poor and farmers are in crisis. Mr Singh, whose party came to power in 2004 on the promise
      364 words
    • Article
      Lock icon New Delhi to implement new FDI norms soon
      563 13  -  SIDDHARTH sniVASTAVA It will aim to protect national security interests without crippling FDI flow By in New Delhi THE federal government is in the final stages of working out new security norms for foreign direct investments (FDI) into India that will apply
      563 words
    • Article
      Lock icon BURSA MALAYSIA
      2441 13 .ug3 RM ('000) \&M Realty 3.12 \bricBhd 0.32 \dvanee Synergy 0.41 \dventa Bhd 1.68 \eMulti Hldgs 0.31 \ffin Holdings 2.71 \hmad Zaki Resou 4.96 \ic Corp 0.56 \irasia Bhd 1.96 \kn Messaging Te 0.27 \kn Technology 1.05 \luminium Co 1.33 \malgamated Ind 0.61 \minvestment Grp 3.56 \mmb Hldgs
      2,441 words
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  • ASIA PACIFIC/WORLD
    • Article, Illustration
      Lock icon Hedge fund emperors left bare
      770 14 -NYT Their risks are showing up even though they are supposed to thrive on volatility [NEW YORK] Warren Buffer! once said when the tide goes out, you find out who's been swimming naked. There is suddenly a lot of skin showing on Wall Street. In
      -NYT; AP  -  770 words
    • Article
      Lock icon Economic forces will drive Asian market cohesion
      449 14  -  NANDE KHIN [SINGAPORE] Regional financial integration will likely be the result of market forces rather than design, as Asian countries put their houses in order and strengthen their domestic financial systems. As such, the outcome is unlikely to be a common currency and
      449 words
    • Article
      Lock icon American Home halts ops as loan demand collapses
      434 14 [NEW YORK] American Home Mortgage Investment Corp halted operations yesterday, becoming the second-biggest residential lender to fail this year as bad loans spread to people with good credit records. Investment bankers cut off credit earlier this week, leaving the Melville, New York-based
      434 words
    • Article
      Lock icon Little subprime fallout seen for Asia banks
      285 14 Reuters [HONG KONG] Asian banks, domestically focused and risk averse after the Asia crisis, should see few losses from the US subprime meltdown, rating agencies said, but investors worry lenders could get caught in the maelstrom. Ratings agency Moody's Investors Service said yesterday
      – Reuters  -  285 words
    • Article
      Lock icon Being a bad boss gets you ahead: study
      255 14 Reuters Office tyrants get promotions but give subordinates grief [NEW YORK] How do people get ahead in the workplace? One way seems to be by making their subordinates miserable, according to a study released yesterday. In the study to be pre- sented
      – Reuters  -  255 words
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      Lock icon US envoy to meet leader of Japan's DPJ next week
      490 14  -  ANTHONY ROWLEY in Tokyo US AMBASSADOR to Japan Thomas Schieffer will meet the leader of the Democratic Party of Japan (DPJ), Ichiro Ozawa, next week in an effort to prevent a threatened stand-off between the two countries over Tokyo's continued
      490 words
    • Article
      Lock icon Job growth slows as builders cut payrolls
      370 14 AP LATEST US DATA [WASHINGTON] US employers added fewer jobs than forecast last month as builders cut payrolls in response to the worst housing recession in 16 years. The drop came even as a sign emerged that businesses that make up most of
      AP  -  370 words
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  • MOTORING
    • Article, Illustration
      Lock icon An electric dream come true
      890 15 An ardent fan of petrol-electric hybrid technology tells SAMUEL EE why he believes hybrid cars are here to stay SINCE the day he brought in Singapore's first petrol-electric hybrid car, the Toyota Prius, William Choo continues to be amazed by the sophisticated technology behind these
      YEN MENG JIIN  -  890 words
    • Article, Illustration
      Lock icon Topless gem with Gallic charm to boot
      460 15 With its latest pair of 207 variants, Peugeot has packaged French flair to be enjoyed in two ways, writes SAMUEL EE IT has a badge that evokes memories of a classic hot hatch and should make anyone over 40 quiver in excitement at
      460 words
    • Article, Illustration
      Lock icon A cool CC that rides high on fun
      403 15 IT may not be well-known, but Peugeot is the brand that leads Singapore sales of rigid-roof convertibles. And now there's a new model. The 207 Coupe Cabriolet is less stubby than the 206 CC it replaces. And as a result, it looks
      403 words
    • DRIVING NOTES
      • Article, Illustration
        Lock icon Fly in this Bentley at over 320 kmh
        150 15 BENTLEY has unveiled its most powerful production model ever and the first to top 320 kmh. The Continental GT Speed (right) has taken the Continental GT's big Wl 2 engine and boosted the power 9 per cent to 600 hp. Torque is
        150 words
      • Article, Illustration
        Lock icon Dongfeng and Soyat from China hit the road
        115 15 TWO new mainland marques were introduced yesterday by Group Exklusiv. Dongfeng and Soyat vehicles are now ready to go on the road, about five months after they were first unveiled here. Group Exklusiv already has another China brand, Geely, which is making
        115 words
      • Article, Illustration
        Lock icon New car, new look – for the ladies only
        97 15 New car, new look for the ladies only EARLIER this week, 30 Lexus lady owners and 30 women friends were treated to a private preview of Chanel's Autumn 2007 Make-up Collection before it hits the stores this weekend. A French make-up artist gave a demonstration, followed by a free makeover
        97 words
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  • GOLF
    • Article, Illustration
      Lock icon M'sian brothers boleh!
      1366 16 Galven and Gavin Green are heating up the greens on the international junior circuit, reports JUSTINE MOSS FROM the time he imitated his father's swing at age six months and shot a 48 over nine holes at three, Tiger Woods has astounded golf fans around the world.
      1,366 words
  • Page 16 Advertisements
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      862 16 Wilie&dilie with weekendBT Tandoor North Indian Restaurant Holiday Inn Noogee House. Feast on the mini you tiao flavoured menu and thematic cutlery settings promise to transport 12pm to 2.30pm. High tea: Sat, Sun and public Park View with five different dips ranging from chilli crab sauce, you to different seasons
      862 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Don't wait till the pressure builds up
      968 17 Source: 'hanks to a recent study involving stroke patients, doctors can better understand why people who are aving strokes aren't necessarily those with hypertension, reports CHEAH UI-HOON THOSE with hypertension are four to six times more likely to get stroke, and 80 per
      Health Stats  -  968 words
    • Article, Illustration
      Lock icon Make-up 101: If it works, don't fix it
      761 17 ollow your heart when it comes to splurging on beauty products, reports MELISSA LWEE BEAUTY may be said to be only skin deep, but certainly not to beauty writer Rona Berg. Says the former beauty editor of the New York Times Magazine
      761 words
    • Article
      Lock icon Patients run risk of blood clots in hospital stays
      606 17 ■LAT [LOS ANGELES] Blood clots can be painful, difficult to diagnose, even life-threaten-ing. But hospital patients who are at an especially high risk of developing the condition often don't receive treatment to prevent them, researchers have found. A hospital stay, even
      ■LAT  -  606 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      341 17 CRYPTIC CROSSWORD ACROSS 4 Valley to dry up (3) 1 Dealerstarts copying manag- 6 Parting of the ways (4) er (8) 7 Cake fried by first two team5 No longer available, price mates after the game (9) reduction for remnant (6) 8 Edward intercepted beast 9 Solid young scout in
      341 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Dress-up games for homes
      614 18  -  MELISSA LWEE New homeowners in this current property boom should have no problem finding the furniture and furnishings of their dreams, with new home decor retailers adding variety to the marketplace. BT WEEKEND checks out The Life Shop's new warehouse digs and two new retailers which
      614 words
    • Article, Illustration
      Lock icon Home is where the showroom is
      543 18  -  MELISSA LWEE By WORKING from home is not a foreign concept in Singapore, but married couple Raymond and Karma Quah have taken it to a whole new level. They turned the first floor of their Tanjong Katong apartment (which incidentally is also their living
      543 words
    • Article, Illustration
      Lock icon Raffles City's loss is Balestier's gain
      794 18  -  CHEAH UI-HOON I By( ONE would think that the industrial estates are the last place to inspire in the search for fine furnishings for your home, but havens of good design are popping up in these boxy warehouses which are serviced by creaky cargo
      ARTHUR LEE  -  794 words
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  • TRAVEL
    • Article, Illustration
      Lock icon A capital city with lots to offer
      820 19 Washington DC has numerous museums and monuments as well as an eclectic nightlife, reports AMANDA DE GUZMAN BENEATH the veneer of political powerplays and undercover operations, Washington DC is a hotbed of culture, intellectualism and artistry. Combining the cosmopolitan elements of a big
      820 words
  • Page 19 Advertisements
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      370 19 ai lIIP V IflVI DFTTFD ■iwPfsf^lßwP^f»l.BwP^Twß THE COMPLETE MIND BODY GUIDE FOR WOMEN SV J&^ fk/m XT lilVll ill Id DLI ICili y~"^*^^^^i^n^T Lianhe Zaobao Km XT STS_______S sfl --Ilk uyu e^i BH ™Bl Jl Iff r_o^B?^^^R--: flfl^M^Pll ft®^®.? Ifl uM Bl Hfl F to\ mtoto torn to to\ I
      370 words
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  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Food takes centre stage here
      955 20  -  JAIME EE Being a top name in the restaurant industry can be both a blessing and a curse, as the owners of Les Amis have long since found out. Known for its top quality chefs and highly-trained staff, any loss of staff is always another
      955 words
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      Lock icon Early Les Amis fare sans fuss
      663 20  -  GEOFFREY EU INFUZI 10 Biopolis Road, #01-01 Chromos Block. Tel: 6478-9091. www.infuzi.com.sg WHEN modern European restaurant Infuzi defied convention three years ago by opening in the culinary wilderness of Buona Vista, it aimed to build up a client base the old-fashioned way slowly and
      PHOTOS BY YEN MENG JIIN  -  663 words
    • Article, Illustration
      Lock icon Indulging in a garden reverie
      633 20  -  GEOFFREY EU AU JARDIN EJH Corner House, Singapore Botanic Gardens, 1 Cluny Road Tel: 6466-8812 IN 1998, when Galvin Lim heard that the Les Amis restaurant group was recruiting the team for a new destination restaurant in the Botanic Gardens, he approached founding partner and
      633 words
  • Page 20 Miscellaneous