The Business Times, 2 November 2007

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL28569
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg a Singapore press holdings publication co regn no *****2868E mica (p) 202/12/2006 Friday, November 2,2007
    25 words
  • Article
    Lock icon MAS comfort for guarantors in face of bank secrecy laws
    798 1  -  SIOW LI SEN They have a right to be informed of their liabilities, though industry practice differs By [SINGAPORE] In what is clearly good news for guarantors, the Monetary Authority of Singapore has clarified that they can still obtain relevant
    798 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.692 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.50 CANADA 6.25 SWITZERLAND 4.03 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      46 1 Thursday Change 1,409.16 -4.49 KLCOMP NIKKEI 225 16,870.40 +132.77 HANG SENG 31,492.88 +140.30 SET INDEX 902.73 -4.55 JAKARTA COMP 2,704.66 +61.17 MANILA COMP Closed SEOUL COMP 2,063.14 -1.71 SHENZHEN B 784.34 -9.50 MUMBAI IND 19,724.35 -113.64 11.45AM EDT Change 13,703.38 -226.63 DOW NASDAQ 2,819.50 -17.36
      46 words
    • Article
      Lock icon FOREX
      41 1 uss (s$ )er US$) 1.448 (US$/S$ per 2.080 3.011 EURO(US$/S$/E) 1.446 2.094 YEN 115.60 79.80 RM 3.330 2.300 HK$ 7.754 5.356 BAHT 33.93 23.43 RUPIAH 9,086 6,275 RENMINBI 7.453 5.147 INDIAN RUPEE 39.33 27.16 A$ 1.073 0.741 NZ$ 1.296 0.895
      41 words
  • Article, Illustration
    Lock icon Life after deferred payments starts with just 2 bids for site behind Icon
    579 1  -  KALPANA RASHIWALA Developers could be turning cautious, say analysts By [SINGAPORE] In a sign that developers are turning cautious after the withdrawal of the deferred payment scheme, a state tender for a 99-year residential site at Enggor
    579 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      65 1 FED RATE CUT _J§ AVIATION OPINION 1; CORPORATE 'Mr Yen'begs L% Air Asia plans RMISO Oil price: How high jmb^ RESULTS to differ ;yA KL-S'pore flights is high? JW Star Hub Q3 profit PAGE 3 j^ PAGE 2 PAGE 20 Slips PAGE 4 Building designer ads Exciting new space for
      65 words
Page thumbnail Page 2
  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon SembMarine results briefing hijacked by forex fiasco
        103 2 AT any other time, SembCorp Marine's third quarter results for the three months to end-September would have been considered very good or even spectacular given that net earnings at S$81.4 million were 82 per cent higher than for the previous corresponding period. However,
        103 words
      • Article
        Lock icon Star Hub posts first fall in quarterly earnings
        74 2 STARHUB has posted lower net profits of $81.3 million for the third quarter ended Sept 30 its first quarterly decline since the telco's listing in October 2004 amid intense competition and higher content costs for its football channel. StarHub said net profit
        74 words
      • Article
        Lock icon FibreChem Q3 profit surges 45% to HK$148m
        66 2 FIBRECHEM Technologies chalked up a 45.3 per cent year-on-year surge in third quarter net profit to HK$148 million (S$27.6 million), helped by new income streams from microfibre products. The new microfibre leather facility that started operations a year ago helped to drive the
        66 words
      • Article
        Lock icon Citi in $220m move to Changi Business Park
        72 2 SOARING rents downtown are pushing multinationals to house their back-office support operations away from central areas. And Citi is spending $220 million to consolidate its back-office operations at Changi Business Park the first bank to do so at this location. Previously the
        72 words
      • Article
        Lock icon US$75b rescue fund won't jumpstart SIVs: analysts
        85 2 NEARLY three weeks after the biggest US banks created a roughly US$75 billion fund to help stabilise the credit markets, the reality is sinking in that the plan would provide hospice care to troubled investment funds, not resuscitate them. The reason, market participants
        85 words
      • Article
        Lock icon M'sia motor trade feels pinch of slow sales
        79 2 THOSE blacklisted can apply, read the motor advertisement. No down-payment or guarantor, 100 per cent loan for nine years. Such is the current lull in motor sales since the peak in 2005 when a record 551,000 vehicles were sold, that car salesmen
        79 words
      • Article
        Lock icon India's mobile giants post huge earnings rise
        33 2 INDIA'S leading mobile phone operators, Bharti Airtel and Reliance Communications, beat expectations with quarterly earnings soaring more than two-thirds on booming subscriber demand. INDIA, PAGE 14
        33 words
      • Article
        Lock icon China raises fuel prices to cover surging costs
        74 2 CHINA unexpectedly increased fuel prices by as much as 10 per cent in an "urgent step" to help the nation's oil refiners cover surging costs as crude touched records above US$96 a barrel. To "guarantee domestic refined oil supply and promote energy
        74 words
    • Article
      Lock icon ST Telemedia rebuts all allegations point by point
      616 2  -  LAUREL TEO INDONESIA TELCO MONOPOLY HEARING It also highlights breaches in the investigation process of KPPU By in Jakarta ST TELEMEDIA (STT) took its turn on the stand yesterday, with its representatives spending over 90 minutes in an exhaustive point-by-point rebuttal against
      616 words
    • Article
      Lock icon Air Asia plans RM150 KL-S'pore flights
      590 2  -  YEN SREENIVASAN By [SINGAPORE] Malaysia and Singapore will throw open the highly sought-after Kuala Lumpur-Singapore route to their respective budget carriers, with two new services being allocated to carriers in each country. What's more, budget airline Air Asia's flamboyant founder, Tony Fernandes, has already
      590 words
    • Article, Illustration
      Lock icon US rate cuts won't defuse sub-prime mess: 'Mr Yen'
      637 3  -  VIKRAM KHANNA Asia, though not much affected so far, must be vigilant By [SINGAPORE] Interest rate cuts by the US Federal Reserve which have amounted to 75 basis points since Sept 18 are unlikely to defuse the US sub-prime mortgage crisis,
      BLOOMBERG  -  637 words
    • Article, Illustration
      Lock icon SembMarine results briefing hijacked by forex fiasco
      743 3  -  CONRAD RAJ Potential loss swells to USs3o3m but company says that it's not liable By [SlNGAPOßE] At any other time, SembCorp Marine's results for the quarter ended September would have been considered very good or even spectacular, given that net earnings at 5581.4
      FILE PHOTO  -  743 words
    • Article
      Lock icon Sub-prime woes won't deter S'pore: SM
      421 3  -  CHUANG PECK MING Financial sector devt will continue here; Asia must press on By [SINGAPORE] Singapore is not going to be deterred by the US sub-prime mortgage meltdown and will press on with developing its financial sector, Senior Minister Goh Chok Tong said yesterday.
      421 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      96 2 people.* Do we li now work you? (Register with us today) www.thepeopleatwork.com Asia-Pacific Executive Search HIP I I Ijc THEiBVrVX9VE9CWV9Er9 la h^s'ii*!*"-* h 1:: w: I ■HiiBfISOQDQQfI :vf i|^ Iv^ I fll fll I Hfli T A I V I I' "V. < PbSEßßbJ^^^^^^Jb x > ITT! i', iB BEST
      96 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      236 2 ■■iiiMMiiMiMMßia ■■■■MM|lUj|iJHjiMJll||M Bki Robotics Your Next Career. Your Next Business. THE NEXT BIG INDUSTRY I "By year 2010, the Robotics market is forecast to reach U5524.3 billion worldwide" International Federation of Robotics. This is an Exciting time for those with CERTIFIED INTERNATIONAL ROBOTICS TRAINER qualification "MUST HAVE" credentials to be
      236 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      26 3 Managed by Official Event Partner Official Alcohol Sponsor Official Social Official Media Partners Official Interactive Lifestyle Magazine Partner cannonball lumina DIAGEO PRESTIGE' TIME FORTUNE F«U"N"D#S pixelworx
      26 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon StarHub Q3 earnings fall 0.2% to $81.3m
      568 4  -  SIOW LI SEN Telco suffers first quarterly profit decline since its listing 3 years ago By STARHUB has posted lower net profits of $81.3 million for the third quarter ended Sept 30 its first quarterly decline since the telco's listing in October 2004
      AFP  -  568 words
    • Article
      Lock icon LMA's share option plan raises questions
      804 4  -  MICHELLE QUAH MEDICAL equipment maker LMA International reported lower third quarter earnings yesterday; but its troubles go farther back than that. The past fortnight or so has been a tough one for the company, since it revised its guidance for its FY2007 financial performance.
      804 words
    • Article
      Lock icon NOL shares soar on bumper profit
      439 5 Bloomberg Stock has more than doubled this year, making it the 3rd best gainer on STI SHARES in Neptune Orient Lines, the owner of South-east Asia's biggest container shipping company, rose to their highest level in two weeks in Singapore trading yesterday after the
      Bloomberg  -  439 words
    • Article
      Lock icon FibreChem posts Q3 net of HK148m
      339 5  -  WEE LI-EN Basic earnings per share for the third quarter rose to 16 HK cents from 13 By FIBRECHEM Technologies chalked up a 45.3 per cent year-on-year surge in third quarter net profit to HK$l4B million (5527.6 million), helped by new income streams from
      339 words
    • Article
      Lock icon At a glance
      150 5 Q3 and 9-month results ended Sept 2007 NET PROFIT (S$m) TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) :OMPANY CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG SembCorp Marine 81.36 44.71 82.0 1171.07 673.28 73.9 240.20 143.09 67.9 3176.41 2213.59 43.5 StarHub 81.30 81.40
      150 words
    • Article
      Lock icon Jadason's Q3 net profit rises one-third to $4.5m
      221 5 JADASON Enterprises, a provider of equipment and supplies, manufacturing and support services to the printed circuit board (PCB) industry in Asia, achieved a 34 per cent rise in third-quarter net profit to $4.48 million from $3.34 million a year ago. The improved
      221 words
    • Article
      Lock icon 3i may float Franklin Offshore sooner
      468 6  -  OH BOON PING Orders for firm turn out to be stronger than expected By PRIVATE equity giant 3i may list Franklin Offshore, which it bought over early this year, on the Singapore Exchange (SGX) much earlier than scheduled due to its stronger-than-expected order books.
      468 words
    • Article, Illustration
      Lock icon Keppel AmFels wins US$780m in contracts
      324 6  -  VINCENT WEE It will build four jackup rigs for new customer Rowan Companies By KEPPEL Offshore and Marine's (Keppel O&M) US unit has secured contracts to build four jackup rigs for Rowan Companies Inc worth US$7BO million. Each of the rigs is valued at
      324 words
    • Article
      Lock icon Cosco S'pore shares surge as analysts boost price targets
      390 6 Bloomberg COSCO Corp Singapore Ltd, the best-performing stock this year on the Straits Times Index, rose 1.3 per cent yesterday after the company said it will receive more orders to build and convert ships. The unit of China's biggest shipping company
      Bloomberg  -  390 words
    • Article
      Lock icon Grand Team to offer 27m preference shares
      389 9  -  OH BOON PING It will be quoted on OTC Capital; trading slated to begin on Nov 21 By HOMEGROWN precision tool maker Grand Team Technologies has launched an offer of preference shares through OTC Capital, a market-making electronic trading platform offered by Phillip
      389 words
    • COMPANY BRIEFS
      • Article
        Lock icon Federal gains $15.8m from divestment
        75 9 FEDERAL International (2000) Ltd will make a gain of about $15.8 million from the divestment of its stake in US subsidiary HP T Products Inc. Federal, together with three other individual shareholders, have agreed to sell the unit to Nasdaq-listed oilfield products and services provider
        75 words
      • Article
        Lock icon SNF posts Q3 net profit of $95,513
        38 9 SNF Corporation reported a net profit of $95,513 for the third quarter ended Sept 30, against a net loss ofssl7,l26forthe previous corresponding period. Revenue fell 6.9 per cent to $6.3 million.
        38 words
      • Article
        Lock icon MTQ reports H1 net profit of $33.2m
        53 9 MTQ Corporation reported a net profit of $33.2 million for the half year ended Sept 30, up from $2.35 million for the previous comparative period. This was helped by a $40.8 million gain from disposal of quoted investments. Revenue rose 25 per cent
        53 words
      • Article
        Lock icon ARA IPO attracts 38.7 times demand
        49 9 ASIAN real estate fund manager ARA Asset Management said that its initial public offering of 205.2 million shares at $1.15 each attracted a demand of 38.7 times based on application monies for the public offer and indications of interest for the placement tranche.
        49 words
    • Article
      Lock icon What to expect
      157 9 Dates of release of Q3 and 9-month results ended Sept '07 Venture Corp Nov 2 Great Eastern Hldgs Nov 2 China Lifestyle Nov 5 Del Monte Pac Nov 5 China Aviation Oil Nov 5 China Powerplus Nov 5 SembCorp Ind Nov 6 OCBC Nov 6 China Merchants
      Compiled by BT  -  157 words
    • Article
      Lock icon Chemoil, JPMorgan in fuel derivatives alliance
      266 9 Reuters MARINE fuel firm Chemoil said yesterday it had reached a deal with JPMorgan that would give its clients access to the US bank's derivatives business, while JPMorgan could benefit from Chemoil's physical fuel supplies. Singapore-listed Chemoil Energy and JPMorgan did not disclose financial
      – Reuters  -  266 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      83 4 rjF /j^^ I se^^^^ Topic: Riding the volatility of the F f# \lkl i US market with Phillip CFD if i'M Hll Date: 5 November 2007 (Mon) W IM \^k Time: 8.45pm 9.45pm i w^^^m reQister' please visit www.phillipcfd.com L Wit A M m or coll 6531 1555. k W
      83 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      394 5 A LANDMARK BUILDING AT CHINA STREET FOR LEASE Located at Far East Square 23,000 sq. ft. of purpose-built prime commercial retail space Steps away from Raffles MRT station and new MRT station at Cross Street Excellent street level showroom frontage, spread over two levels Sprawling 322-bay car-park conveniently connected Leasing
      394 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      42 6 W/^jgjM ®AUTO ELROK>IRS Showroom: 23 Leng Kee Road. Tel: 6479 0300. Service Centre Showroom: 5 Übi Close. Tel: 6749 4333. Website: www.opel.com.sg ""Terms and conditions apply. *Free servicing is based on 3 years or 60,000 km, whichever is earlier. Specifications may vary.
      42 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      42 7 Kl 4*£H^wx^Bm\i BH^^^^^Sr^Ri tlP^*j w** wf^n^^M c^m^r flKWy^W f ib^^i i^ h^p fiL^^^^^^^^^^^^^^^I w^[^ 'i.*j 'r I s^'h '^kt "T j jjffc ru'i* riTunnV^^^^^Q^nLflCf^ 1 h^^^^Bf tcC^^^IM^C^^w i 'V '^^^1 d^^UUkfllrCtfw 'tftft'Uft ffiflPB?-!' ijp**^ y?w itWat^^^l' cJHffx? tI*^ ft J m ni
      42 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon 'Sell on news' in play after Fed cut
      564 8  -  R SIVANITHY STOCKS ST Index ends two points down after rising 37 points at its early intraday high THE very likely possibility that investors would "buy in anticipation and sell on news" was highlighted in this column twice this week and judging
      Source: Bloomberg  -  564 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      107 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 9 3 0 0 0 6 9 3 Manufacturing 74 84 55 13 18 13 87 102 68 Commerce 31 25 22 38 34 28 Tpt/Stor/Comms 21 11 22 12 Finance 15
      107 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 8 MAIN SDQ TOTAL MAIN SDQ TOTAI lulti Ind 51.594 51.594 176.820 176.821 lanufacturing 497.527 164.509 662.036 747.025 38.452 785.477 lommerce 160.085 64.358 224.443 135.656 20.645 156.302 "pt/Stor/Comms 195.522 2.899 198.421 541.668 2.277 543.945 :inance 56.711 56 56.767 504.349 8 504.357 lonstruction 133.348 47.768 181.116 70.229 8.358 78.587
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      224 8 tod name lose range Jlgreen 0.44 1.600 4-0.020 \scendasreit 0.87 2.630 4-0.040 lapitaComm 0.49 2.670 -0.020 la pita Land 4.84 8.200 4-0.150 lapitaMal 0.88 3.660 Ihart SemiCond 0.53 1.100 -0.040 lityDev 2.68 15.400 -0.400 lomfortDelGro 1.24 1.940 4-0.010 Iosco Corp 2.35 7.850 4-0.100 Ireative Tech 0.14
      224 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      966 8  -  MATTHEW PHAN Offshore and Marine DMG Partners, Nov 1 FIRST it was SembCorp Marine. Then came Labroy Marine. Suddenly, investors are sitting up to the fact that foreign exchange may be the next fear factor. Both companies have collectively chalked up close to half a billion dollars in
      Source: Bloomberg  -  966 words
    • Article, Illustration
      Lock icon US$ keeps sliding despite Fed comments
      525 8  -  LARRY WEE CURRENCIES THE US central bank sounded less dovish than expected following its expected rate cut on Wednesday evening, US stats released overnight made for more pleasant reading, Wall Street rose smartly in sympathy, and yet the US dollar continued its unhappy trek
      Source: Reuters  -  525 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 8
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      46 8 CLOSE -197.00 +178.0 BT OB/OS BT CADI -*****.00 -5.0 BT 10-day MA -*****.00 -20.00 All-SG Equities 1043.98 -0.18 SG Equities Elect 109.31 -0.86 SG Equities Fin 2623.53 -7.22 SG Equities Prop 1555.08 -2.95 SIMSCI 463.76 -0.44 SIMSCI Futures 462.20 -0.30 PrimePartnersCI 313.54 +0.71
      46 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME Chasen 387,131,000 Yanqzijianq 65,245,000 Lian Benq 61,186,000 Diqiland 50,110,000 SNF Corp 45,215,000 ChinaAElec 43,441,000 Goldtron 39,662,000 CH Offshore 37,554,000 El-Nets 36,777,000 Biosensors 36,364,000 VALUE(S) DBS Grp 192,235,070 Yanqzijianq 160,457,640 Capita Land 129,003,655 SingTel 123,409,236 SembMar 121,049,427 Keppel Corp 118,702,892 Cosco Corp 110,691,650 UOB 105,715,751 SGX 102,639,996
      56 words
    • Article
      Lock icon RISES
      102 8 CLOSE UP Jardine C&C 2260 160.0 7.6 GLD 10US$ 7840 159.2 1.4 JSH 1690 43.4 1.8 DBS Bk6% NCPS 10 ***** 40.0 0.4 SPC 860 40.0 4.9 lain irm 515 30.4 4.3 SGX 1590 30.0 1.9 8oscoCo iMBLeCW***** 213 28.0 15.1 ehane La Asia 2640 26.1 5.6 8oscoCo iMBLeCW*****
      102 words
    • Article
      Lock icon FALLS
      113 8 BY CENTS CLOSE DOWN lit 1540 -40.0 -2.5 UOB 2120 -30.0 -1.4 STXPO SGA eCW*****9 187 -21.0 -10.1 OCBC Bk 900 -20.0 -2.2 Venture Con 1370 -20.0 -1.. HLAsia 362 -18.0 -4.7 Yane izi iiai lBeCW0806 69.5 -17.5 -20.1 Yane izi. jiaMBLeCW***** 79 -17.0 -17.7 BukitSemW*****3 715 -15.0 -2.1
      113 words
    • Article
      Lock icon CURRENCIES
      85 8 Where S$ stands Nov1 CHNG CLOSE FR Oct 31 YR 2007 S$ LOW S$ HIGH USS 1.4485 -0.01 1.5479 1.4453® Euro 2.0896 0.05 2.1254 1.9913 Pounds 3.0100 -0.24 3.1194 2.9323 AS 1.3439 -0.57 1.3523* 1.1741 Yen* 1.2516 0.49 1.3821 1.2285 Rupiah* 0.***** -0.07 0.***** 0.***** Baht* 4.2678 -0.13 4.5700
      85 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      105 9 BRAND NEW 8 CLUSTER BUNGALOW FOR SALE Land Size 13,900sqft Communial Swimming Pool Individual Basement Car Park Located at Braddell Height (^Profitable BEAUTY SALON CHAIN for sale-^j 3 great locations Interested parties wanting a copy of Highly profitable the Information Memorandum please Large and growing regular send y°ur (corporate) profile
      105 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      280 9 One guards, the other cleans. Their perfect harmony also means terrible vulnerability, i species living and working V# is&jfl together in harmony. m^lm mm^^m^^. I Symbiosis helps them survive and thrive, but their interdependence also makes them vulnerable. If one is lost, the Pollution, shipping traffic, fishing, reclamation of land,
      280 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Citi in $220m move to Changi Business Park
      462 10  -  CHOW PENN NEE New premises will house back-office operations; can take up to 4,000 staff By SOARING rents downtown are pushing multinationals to house their back-office support operations away from central areas. And Citi is spending $220 million to consolidate its back-office
      462 words
    • Article
      Lock icon Green compliance an advantage: Spring
      293 10  -  WEE LI-EN By NEW environmental protection measures may be technical barriers to trade for exporters, but being able to meet these requirements efficiently is a competitive advantage, says Spring Singapore chief executive Loh Khum Yean. New environmental protection laws sometimes require technological improvements and even
      293 words
    • Article
      Lock icon Far East opening $8m outpatient clinic at Novena
      381 10  -  NISHA RAMCHANDANI Project expected to break even within a year By FAR East Organization and a group of doctors are investing $8 million to set up a clinic called Novena Surgery, in response to what they say is an increasing need for
      381 words
    • Article
      Lock icon Manufacturing sector sluggish in October
      302 10 MANUFACTURING exporters have apparently begun to bear the impact of the strong Singapore dollar and the recent surge in oil prices, according to the latest purchasing managers' index (PMI). The see-saw in the index continues, with a dip in new export orders and output cutting
      302 words
    • Article, Illustration
      Lock icon Bravo buys Makeway View for $162.8m in en bloc sale
      431 11  -  KALPANA RASHIWALA It plans to build about 70-80 loft apartments on the freehold site Reports by BRAVO Building Construction group, which bought Tulip Garden and Pender Court a few months back, has now clinched Makeway View in the Newton area
      431 words
    • Article
      Lock icon Morley sets up first Asia office in Singapore
      377 11  -  SIOW LI SEN By ONE of the largest property fund managers in Europe yesterday announced that it is setting up its first Asia office, in Singapore. Morley Fund Management, which has plans to invest US$lO billion in the region over the next
      377 words
    • Article
      Lock icon Symposium on Asean and Japan
      205 11 HOW Asean can accelerate economic integration and cooperate more closely with Japan will be the subject of a major symposium to be held next Tuesday, in the run up to the Asean Summit and the East Asia Summit later this month. In their August meeting,
      205 words
    • Article
      Lock icon Confirmed: Atrium @ Orchard for sale
      343 11 Confirmed: Atrium Orchard for sale THE Singapore Land Authority has confirmed a BT report yesterday that it plans to sell The Atrium Orchard the first state sale of a Grade A prime commercial building. "The government does not own other commercial buildings of the same grade and category as The
      343 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      915 10 BT ADVERTORIAL Cutting-edge technology Hcr^R gpfs a npw frirp fL Well, a stubble-free one that is, thanks to Philips' new premium electric shaver Arcitec CHIN up, guys, the new Philips Arcitec is simply de- But if you quite fancy yourself with just that desired .ydllffP' -~^^~X signed to be a
      915 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      858 11 /4r nA vLam SAIZEN REAL ESTATE INVESTMENT TRUST fll (a real estate investment trust constituted on 27 September Nirli l\ff^ 2007 under the laws of the Republic of Singapore) iihJl[iT*H■flL7*rv*pfH.*X*J^jj Jill^l va Ls/^F^^V^ I INVEST IN SINGAPORE'S FIRST JAPANESE RESIDENTIAL REIT 14g M° °a annualised 2 PROPERTIES Senda DISTRIBUTION YIELD
      858 words
Page thumbnail Page 12
  • ECONOMY WATCH
    • Article
      Lock icon US$75b rescue fund won't jumpstart SIVs: analysts
      503 12 -NYT It offers some reprieve but is unable to reverse loss of confidence [NEW YORK] Nearly three weeks after the biggest US banks created a roughly US$75 billion fund to help stabilise the credit markets, the reality is sinking in that the plan
      -NYT  -  503 words
    • Article
      Lock icon US rate cut seen buying Fed breathing space
      325 12 Reuters [CHICAGO] The Federal Reserve's decision on Wednesday to cut interest rates for a second consecutive meeting could buy policymakers a few months' grace to watch incoming US economic data before deciding whether to move rates again. The Federal Open Market Committee,
      Reuters  -  325 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7692 12 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.095/ Star Europe Bond 1.208/ Star Europe Bal 1.269/ Star Asian Tiger Eqty 1.894/ Star Asia Bond 1.261/ Star Asia Balanced 1.114/ Star Global Technology Fund!" 0.25/ Multi St Fd 0.955/ Star Asia Bond(USD) 0.87/ Gib Multi St USD
      7,692 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      90 12 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z ttttt BUY DURING TIMES OF PESSIMISM Bull markets are born on pessimism, grow on scepticism, mature on optimism and
      90 words
Page thumbnail Page 13
  • MALAYSIA/INDONESIA
    • Article
      Lock icon M'sia motor trade feels pinch of slow sales
      582 13  -  PAULINE NG Nine-month sales of new cars fall 7% but luxury segment bucks downtrend By in Kuala Lumpur THOSE blacklisted can apply, read the motor advertisement. No down-pay-ment or guarantor, 100 per cent loan for nine years. Such is the current lull
      582 words
    • Article, Illustration
      Lock icon Top M'sian policeman charged with graft
      211 13 Reuters [KUALA LUMPUR] Malaysia's anti-corruption body charged a top white-collar crime buster yesterday for failing to disclose his assets, the highest-ranking police officer hauled up in an anti-graft drive, officials said. Ramli Yusuff, the No 3 man in the police force, faces three charges
      Reuters; REUTERS  -  211 words
    • Article
      Lock icon KL will ban China-made toys if found tainted
      297 13 -AP [KUALA LUMPUR] Malaysia's government will confiscate and ban China-made toys sold in the country if they are found to be tainted with lead that can harm children, a Cabinet minister said yesterday. Domestic Trade and Consumer Affairs Minister Shafie Apdal said
      -AP  -  297 words
    • Article
      Lock icon Suharto to donate defamation money
      335 13 -AFP [JAKARTA] Indonesia's ex-dictator Suharto will give to the poor money he has been awarded in a lawsuit against US-based Time magazine if an appeal by its publisher fails, his lawyer said yesterday. Indonesia's Supreme Court in September awarded the former president US$lO6 million in
      -AFP  -  335 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      21 13 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      69 13 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
      69 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 3
      123 13 A refined celebration of design synergy that evokes tranquility within verdant surroundings. j Luxurious District 11 Residences Innovative 2-storey Strata Bungalows Private Garden Pool MERRYN RD B uj 111 I TREVOSECRES \L.\ 5! 1 Hi TOMLINSON RD TwGULUAPI^ Q ONE TREE HILL I I H 1 1~ JLNTUPAII LENGKOkLJ JLNARNAP
      123 words
Page thumbnail Page 14
  • INDIA
    • Article
      Lock icon Mobile giants post huge earnings rise in Q2
      464 14 Reuters Bharti Artel's net jumps 73%; Reliance Communications posts 86% profit rise [NEW DELHI] India's leading mobile phone operators, Bharti Airtel and Reliance Communications, beat expectations with quarterly earnings soaring more than two-thirds on booming subscriber demand. India is the world's fastest
      Reuters  -  464 words
    • Article
      Lock icon UP state seeks bids for Rs250b expressway
      192 14 Bloomberg [NEW DELHI] Uttar Pradesh, India's most populous state, is seeking initial bids for building a 250 billion rupee (559.2 billion) expressway to connect the eastern and western boundaries of the province. The northern state sought requests for qualifications from domestic and overseas
      Bloomberg  -  192 words
    • Article, Illustration
      Lock icon MM Lee meets Sonia Gandhi
      214 14  -  UMA SHANKARI By in New Delhi MINISTER Mentor Lee Kuan Yew called on Sonia Gandhi, president of the Indian National Congress, at her home in New Delhi yesterday in what was described as a "meeting between old friends". Mr Lee was accompanied by Singapore High
      RAYCHUA/UANHEZAOBAO  -  214 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      2738 14 companies act (cap. so) IN THE MATTER OF CLUB NUANSA LIMITED the companies act, cap. so the companies act, cap. 50 AND I |A|linATIAM\ AND AND IN THE MATTER OF \lrt LIUUIUAI lUNJ INTHEMAnEROF INTHEMAnEROF /rSSiS^fIWiA SUMIKO LEADFRAME IBC NO* *****0 SINGAPORE HOLT INV PTE. LTD. SINGAPORE CONDOMINIUM /S^»W«B^\ SINGAPORE
      2,738 words
Page thumbnail Page 15
  • GREATER CHINA
    • Article, Illustration
      Lock icon China unexpectedly raises fuel prices as oil surges
      537 15 Bloomberg The government will also increase prices for natural gas at a future date [BEIJING] China unexpectedly increased fuel prices by as much as 10 per cent in an "urgent step" to help the nation's oil refiners cover surging costs as crude
      – Bloomberg; AFP  -  537 words
    • Article
      Lock icon Singapore, Jiangsu sign MOU
      304 15  -  MATTHEW PHAN By SINGAPORE yesterday signed an MOU with Jiangsu province in China pledging cooperation in a range of business and non-busi-ness areas via the newly formed Singapore-Jiangsu Co-operation Council (SJCC). Key areas for economic partnership include education, environmental services, helping Jiangsu companies expand abroad, transport
      304 words
    • Article
      Lock icon China to launch stock index futures
      475 15 Reuters [SHANGHAI] China will launch stock index futures soon and is ready to approve new quotas for foreign investors in the country's red hot stock markets, a senior exchange official said yesterday. China is trying to develop a stock futures market to give investors
      – Reuters  -  475 words
    • Article
      Lock icon New rules for banks in the pipeline
      178 15 Reuters [SHANGHAI] China is considering issuing new rules to tighten risk controls in its banking sector that is diversifying rapidly into other services such as insurance, fund management and investment banking at home and abroad, state media said yesterday. China Banking Regulatory Commission
      Reuters  -  178 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      275 15 I mmmm ■P $&6^ma:, m Offer^WM/ J Publisher: Synergy Marcomm Pte Ltd 155 Kallang Way #01 -11, *****44 T: +65 6744 6844 Distributor: Union Book Co Pte Ltd 231 Bain Street #03-01, Bras Basah Complex, *****31 T: +65 6337 3733 y^n^y^^^^arJTy^^^^^^^^.lo call toll-lree 1SIH) 259 SS22 Email recruit(g>ph.C()m.s^ Great Careers
      275 words
Page thumbnail Page 16
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Asean should cosy up to Japan: ambassador
      425 16  -  ANTHONY ROWLEY Competition from China will hurt Asean otherwise, says Philippine diplomat By in Tokyo FACED with growing competition from China, Asean countries must cooperate more closely with Japan if they are to survive economically, the Philippine ambassador to Japan suggested in Tokyo
      425 words
    • Article, Illustration
      Lock icon US Senate panel approves 'Law of the Sea' treaty
      515 16 Reuters, AP [WASHINGTON] A Senate panel voted on Wednesday in favour of ratifying a 25-year-old international pact on ocean shipping and deep-sea mining, which more than 150 nations have already joined. The measure has languished in Congress for years because critics
      – Reuters, AP  -  515 words
    • Article
      Lock icon Lazard profit more than doubles on M&A fees
      207 16 Bloomberg [NEW YORK] Investment bank Lazard, led by Bruce Wasserstein, said thirdquarter earnings more than doubled to a record, the biggest gain in two years, on higher fees for mergers and acquisitions (M&A) advice and money management. Profit advanced to US$B3.6 million,
      Bloomberg  -  207 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      444 16 \y We are a wireless connectivity innovator providing a wide range of customised wireless telecommunication applications and solutions to participants across the PRC telecommunication value chain. Our customers include major telcos China Unicorn, China Mobile and China Netcom. With our proprietary solutions, we aim to be a leading provider of
      444 words
Page thumbnail Page 17
  • WORLD
    • Article
      Lock icon Wall Street gets its rate cut, but Fed warns the hawk is flying
      843 17  -  ANDREW MARKS Many economists surprised at central bank's warning about inflation risks By in New York THE initial euphoria in US markets brought about when the central bank gave Wall Street the interest rate cut that it
      843 words
    • Article
      Lock icon Credit Suisse Q3 writedowns hit investment bank profit
      482 17 [ZURICH] Credit Suisse said yesterday that third-quar-ter profit at its investment bank was all but wiped out by writedowns, leading to a 31 per cent fall in group net earnings to 1.3 billion Swiss francs (551.63 billion). Investment banking income was hit
      482 words
    • Article
      Lock icon BURSA MALAYSIA
      2325 17 Iov1 RM Cooo] \&M Realty 1.00 \bricBhd 0.29 \dvance Synergy 0.37 s,dventa Bhd 1.55 \eMulti Hldgs 0.29 Win Holdings 3.02 \hmad Zaki Resou 6.05 \ic Corp 0.60 ijrasia Bhd 1.93 \kn Messaging Te 0.19 \kn Technology 0.76 \lliance Financi 3.02 \luminium Co 1.27 \malgamated Ind 0.55 \minvestment Grp
      2,325 words
    • Article
      Lock icon Oil traders raise bets on US$l25 a barrel
      263 17 Bloomberg [SINGAPORE] Oil traders are increasing bets that crude will reach US$l25 a barrel this year because of record world demand and threats to supplies from the Middle East and Nigeria. Traders held 2,526 caU options contracts, each granting the right to
      Bloomberg  -  263 words
    • Article
      Lock icon Mifid securities laws enter into force in EU
      569 17 Bloomberg, AP [LONDON] Financial institutions, including Citigroup and Goldman Sachs, have gained new powers to challenge the dominance of London Stock Exchange (LSE) and Deutsche Boerse, under Europe's biggest revision of securities laws. Rules to open up the way investments are made
      Bloomberg, AP  -  569 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      71 17 Hot from the kitchen ■r« Ik* *>( Hi/i i In this last BT Bonus Issue promotion, an exclusive set menu with over 20% savings await readers at Anchorpoint's Zhou's Kitchen. Plus: a high-tea treat is on the house when you dine with 3 friends. Find out more in The Business
      71 words
Page thumbnail Page 18
  • AVIATION
    • Article, Illustration
      Lock icon Call for action to integrate Asean transport network
      537 18  -  CONRAD RAJ PM Lee: Efficient transport system will boost region's development By [SINGAPORE] Prime Minister Lee Hsien Loong called on Asean transport ministers yesterday to take bold steps to integrate the region's transport network. "An efficient and well-in-tegrated transport system will accelerate
      BLOOMBERG  -  537 words
    • Article, Illustration
      Lock icon Air China to issue 400m shares
      327 18 Xinhua [BEIJING] China's national carrier announced yesterday plans to issue up to 400 million A shares 5.1 per cent of its total to raise funds to purchase aircraft and replenish the company's working capital. Air China Ltd intends to utilise the proceeds from the
      Xinhua; BLOOMBERG  -  327 words
    • Article
      Lock icon Auckland Int'l Airport says it's still a takeover target
      422 18 Reuters [AUCKLAND] New Zealand's Auckland International Airport Ltd said yesterday that it was still an attractive takeover target, despite rejecting a potential Canadian bidder, and was set to resume a growth path. Chief executive Don Huse said the airport was set
      Reuters  -  422 words
    • Article
      Lock icon Taiwan, Japan revise aviation pact
      193 18 -AFP [TAIPEI] Taiwan and Japan yesterday revised their aviation pact to expand passenger and cargo services between the two countries to boost trade and tourism, the Foreign Ministry said here. Under the new deal, two new routes Taipei-Miyaza-ki and Taipei-Komatsu will be added to the
      -AFP  -  193 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2384 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France ■-India (AC), AY: FinnairOy (FIN), AZ: Alitalia Airlines (AZA), SA: British A,rway S Public Ltd Cc (BAW), BG B,man Bangladesh Airlines (B .7 EVA Airways Corpn (EVA), CA Air China (CCA), CB American International Airlines (CKS), CI
      2,384 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      498 18 IN THE MAnER OF I THE COMPANIES ACT, CAP. 50 IN THE MATTER OF AND THE COMPANIES ACT, CAP. 50 IN THE MATTER OF AND ARD CO PTE. LTD. IN THE MATTER OF REG. NO. *****1242W CHIU TENG REALTY PTE LTD [IN MEMBERS'VOLUNTARY r,.-~ LIQUIDATION) COMPANY REG. NO: NOTICE OF
      498 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      30 18 EHjn Amara Sanctuary Resort Sentosa An Amara Group how I Larkhill Road Sentosa, Singapore *****4 PNR9I Tel +65 6825 3887 Fax +65 6825 3878 MmlhWcl reservation®amarasanctuarycom www.amarasanctuarycom resortsentcS! IBS i
      30 words
Page thumbnail Page 19
  • SHIPPING
    • Article
      Lock icon Charterers win bid for arbitration
      791 19  -  SELVA KUMAR ADMIRALTY CASEBOOK Tanker owners' move to rescind contract fails in House of Lords By BRITAIN'S House of Lords ruled last month that the arbitration clause in the popular tanker time charter form, Shelltime 4, does not exclude disputes about the validity of the
      791 words
    • Article
      Lock icon DP World buys Egyptian port operator for US$670m
      439 19 Bloomberg [DUBAI] DP World Ltd, the Dubai-owned port operator with terminals from the UK to China, purchased Egyptian Container Handling Co for US$67O million to gain Sokhna Port at the southern entrance to the Suez Canal. DP World bought a 90 per
      Bloomberg  -  439 words
    • Article, Illustration
      Lock icon Logistics sector gets $7m for projects
      450 19  -  VINCENT WEE Spring, SLA behind 11 schemes over next 3 years By [SINGAPORE] The importance of the logistics sector to the economy means that the challenges of globalisation, increasing competition and more complex supply chains must be addressed if the industry is to move
      450 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      399 19 RRI H fc.!^; Diners Club Card r oapp ac «//64i6 0980 .A W&r/J of Exclusive Privileges Treats (|~|^fc Diners Club i-^ ihi?h^Jntl?]r«m« BECTA^IANPjjARINA I '^J^St W from, its brand, its awards christofle ash boatins «w«mis 2007 v. or what the label claims. j By J| **>I^^ ■^■l^-.-^^^^^S We are trusted
      399 words
Page thumbnail Page 20
  • EDITORIAL & OPINION
    • Article
      Lock icon The yuan becomes Asia's proxy currency
      496 20 IT is customary for Japanese financial officials (with very occasional exceptions) to play only a minor role on the international stage; something which is partly cultural in origin, partly due to linguistic constraints and Japan's restrictive relationship with the United States. But even allowing
      496 words
    • Article, Illustration
      Lock icon Who will break the climb of oil prices?
      1227 20  -  G PANICKER Oil producers insist that supply is adequate and blame the price escalation on speculators SOME time soon, the nominal price of a barrel of oil will reach three digits. Normally, a cold winter can swing the price upwards by as
      REUTERS  -  1,227 words
    • Article, Illustration
      Lock icon Bernanke playing into the hands of Bush & Co
      818 20  - Bernanke playing into the hands of Bush Co LEON HADAR THE BOTTOM LINE INVESTORS on Wall Street were expecting that when the policymaking committee of the US Federal Reserve met on Wednesday, its members would agree to cut the federal funds rate by a quarter percentage point to 4.5 per
      818 words
    • Article, Illustration
      Lock icon China is a convenient scapegoat
      2316 21  -  STEPHEN ROACH The US Congress' predilection for China-bashing is ill-considered and puts America at risk of becoming more insular By CHINA is the scapegoat dujour for all that ails the American middle class. At least, that's certainly the conclusion that can be drawn from spending
      •••• i AFP  -  2,316 words
Page thumbnail Page 21
Page thumbnail Page 22
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX ,AOMNPARD
      8579 22 Transaction date: Nov 1 High »-wks Tel Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 8 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEICorp 27 14 1100 AEM 42
      8,579 words
    • Article
      Lock icon SGX XTRANET
      82 22 Wk Tel Low Code Last Sale Vol Cooo] lay Low .ast e/er )uote Seller Div C'vr Net P/E Cap imi Hie Comi >arr Hie Bui 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      82 words
    • Article
      Lock icon SGX SESDAQ
      2167 22 Hie |h Low Code Comi >am Sale Cooo) Hie Low Bui rer Seller C'vr P/E $mi 30 11.5 1181 AAGrp 41.5 19 5000 ABR Hldgs 31 23.5 8538 APStrategec 16.5 2 1501 Advanced System 70.5 15 1524 Alantac 22.5 8 7814 Albedo 46.5 28 5021 Apex-Pal 13.5 6.5
      2,167 words
    • Article
      Lock icon CLOB INTERNATIONAL
      248 22 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      248 words
Page thumbnail Page 23
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct31 World Index Preliminan 1191.6 0.7 8.3 0.6 6.8 0.8 13.1 t EAFE Preliminan 1183.7 0.6 6.9 0.6 8.6 0.8 15.0 Eun Preliminary 1612.6 0.7
      373 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 23 As at 9am Novl Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3400 1.3570 Can dollar 1.5210 1.5400 Euro 2.0820 2.1070 NZ dollar 1.1090 1.1330 Sterlin ind 2.9920 3.0270 US dollar 1.4390 1.4560 Local dollars to 100 units of foreign currency:
      132 words
    • Article
      Lock icon INTERBANK RATES
      164 23 Novl $S_ Offer Bid Overnight 2 3/8 1-month 2 7/16 2-months 2 1/2 3-months 2 9/16 Overnight mode: 2 5/16 US$ Offer 2 1/4 2 5/16 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.65 4.68
      164 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 23 Novl STI SIMSCI Nov 463.5 469.9 462.2 Taiwan Nov 385.2 385.9 378.4 Source: MF Global (S) Pte. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      20 23 Novi Bid Offer 1-month 1.4447 1.4458 2-months 1.4416 1.4427 3-months 1.4389 1.4402 6-months 1.4318 1.4331 Source: OCBC
      20 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 23 Novl Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3481 1.3498 0.9314 0.9319 Canadian dollar 1.5305 1.5322 1.0574 1.0579 Euro 2.0928 2.0947 1.4459 1.4462 NZ dollar 1.1162 1.1174 0.7712 0.7715 Sterline 3.0096 3.0122 2.0793 2.0797 US dollar 1.4474 1.4484 S$/US$ to
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      341 23 Novl OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 95.225 95.470 95.585 95.645 0 0 0 0 ***** ***** 5682 8034 EUROYEN FUTURES Dec07 99.180 99.180 Mar08 99.145 99.145 Jun08 99.120 99.120 Sep08 99.075 99.075 Dec08 98.995 99.010 Mar09 98.945 98.945 Jun09 98.885
      341 words
    • Article
      Lock icon SICOM FUTURES
      281 23 Nov 1 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Dec 07 Jan 08 FebO8 Mar 08 Apr/Jun 08 Jul/Sep 08 370.00 374.00 374.75 378.00 382.00 384.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      281 words
    • Article
      Lock icon CHICAGO BOT
      104 23 Oct 31 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov07 1010.00 992.00 1016.00 998.00 Jan 08 1025.75 1009.25 1033.50 1014.50 Mar 08 1040.50 1023.25 1047.00 1029.00 May 08 1044.50 1028.00 1050.00 1032.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 42.31 41.68 42.69 41.85
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Oct 31 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 90.14 1.27 WTI (Near Mth) 94.30 4.3 Dubai (1-Mth F) 82 -1.87 Tapis blend 92.55 -2.05 Minas 90.6 -1.9 PRODUCT US$/barrel (FOB S'pore) Close Change ire) Naphtha Jet Kerosene 85.00 100.55 -2.32 -1.55 US$/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 23 Novl AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.881 6.943 0.644 7.224 36.637 84.645 1.077 8.418 3.102 1.208 56.579 40.457 1.349 6.067 1.080 30.171 31.606 0.448 0.932 Canada 1.135 7.882 0.731
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 23 Novl TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****N 31.01.08 1-Year BY*****A 29.09.08 2.29 2.17 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X
      88 words
    • Article
      Lock icon SIBOR
      76 23 Nov J 1 mth 2 mths 4.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs
      76 words
    • Article
      Lock icon PALM OIL
      61 23 Novl Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Nov 07 2960 2944 2960 2938 408 1879 Dec 07 2963 2943 2966 2925 2003 ***** Jan 08 2959 2930 2959 2907 7187 ***** Feb 08 2926 2917 2933 2894 1986 8573 Total
      61 words
    • Article
      Lock icon PRECIOUS METALS
      137 23 Novl GOLD (USS/oz) Oct 31 NovOI Hong Kong London 781.80 791.50 782.80 792.50 Oct 30 Oct 31 784.05 790.30 784.65 790.90 Source: Reuters CAST BAR (SS) Nov 01 Buying Sellini Kilobar "39,805.07" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1
      137 words
    • Article
      Lock icon LONDON METALS
      71 23 Oct 31 minimum, 99.7 jrity (USS/tonne) Co Close Previous Cash 2492.80 2470.20 3 months 2545.00 2522.00 Copper, Grade A (USS/tonne) Cash 3 months 7730.00 7725.00 7762.00 7760.00 Lead (USS/tonne) Cash 3683.00 3 months 3660.00 3602.00 3585.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash
      71 words
    • Article
      Lock icon LIFFE
      82 23 Oct 31 (£/tonne) Close Prev Hii ih/Low Dec 07 962 961 969/948 Mar 08 981 980 988/968 May 08 993 991 997/980 Jul 08 1004 1003 1009/991 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2275 2212 2275/2190 Jan 08 1903 1870 1919/1856 Mar 08 1841 1830 1855/1814 May 08
      82 words
    • Article
      Lock icon BONDS & WARRANTS
      2814 23 BONDS WARRANTS rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 42 4 667 1 87 10 2.79 33 l436AusGroupMBLECW*****4 22 >853AusGrpMBLeCW*****0 6.5 S341 BukitSembawangW*****3 715 5793 CapitaMall Trust SGA ECW*****4 ..19 1 570 1 517 -15
      2,814 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      3124 24 m The Business Times Shipping Times A K?B ft WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r M mmm W^ M.%E ilJmrßlirfYPlfl'WlfwlarW WU ■»■•>*• TEL *****588 (14LINES) FAX:*****163 kJI WmSW PS^SB \\\M\WAN HAI INF^ Customer Savke/Bookings Dir«l line (1800) *****200 .^L^JJ.^^^^^^l^ ■MjUnWMIIWUIgnSaKMjjMft^ ■SHBSHBf V H^ WWf^ll I I #41 LlllLJ PKL TIL
      3,124 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      3030 25 IH^SJ Lgj I EASTERN CAR LINER, LTD ["fl Q®3S^ I .oG^J^CV |LJ "Sfe^ lf-~—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE >■ /TaSMMTVX (IF"- "'^■fei^ 4IJ IIKSHIH VOY I Ramp(KT) I LiltinglKT) I SIN I PKL I KUA I JKT I SUR I LCB I
      3,030 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      5587 26 P3H H H H H H I gg ANDERSEN M^E™ I Fiji GLO«Y NAVIGATION GROUpI B|^||pjfl US 1 VSHIPPING COMPANY/ 70 Shenton Way, #21-03 Marina House Singapore *****8 m#,*L-fJBX.^f[Bk-^aQ NORTH WcbT bXrKbbb LINE ura ,.r,™i.,M m owns operates the youngest fleet pHH MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [iaTES
      5,587 words
Page thumbnail Page 27
  • executive lifestyle
    • Article, Illustration
      Lock icon Building designer ads
      1459 27 Companies and countries are turning to big-name architects to create marketing buzz, reports GEOFFREY EU I OR the past 25 years, the countryside around Weil am Rhein a quiet village on the German side of the river Rhine, just across the border from the Swiss city of
      GEOFFREY EU [  -  1,459 words
  • Page 27 Miscellaneous
Page thumbnail Page 28
  • CLIPPER ROUND THE WORLD RACE
    • Article, Illustration
      Lock icon Foulies make it tolerable at sea
      864 28  -  Using Gore-Tex technology, foul weather gear protects sailors and lets them maintain core body temperature, writes VINCENT WEE PUTTING out to sea is a daunting prospect by any measure. Images of seafarers of yore in bulky wet-weather gear being soaked by monstrous waves or
      VINCENT WEE  -  864 words
    • Article
      Lock icon 'Yachtie bottie' and other wet ills
      468 28  -  VINCENT WEE By\ IT is obvious that the marine environment is a harsh one, but the adaptations that need to be made to protect against it are not immediately obvious to anyone who has not actually been in it. The pervasiveness of moisture and
      468 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      120 28 IBi Eifl ivl ft CHINESE %jtoJ ORCHESTRA if. REINVENT p Aia, eveiA/LiA/0 of w,ucsic with the I m^» Ik Pucrpte Phoeyux Ladies' &\A,&t\M,hU «p I Date December 8,2007 (Saturday) Iffi^ff BJifff Time: BPm BHfIUMp^HVHHM|| Venue: Singapore Indoor Stadium f Ticket price Ss9o; Ss7o; Ssso; Ss4o (Excludes Ss2 SISTIC fee) SISTIC
      120 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 2
      71 28 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■h^mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
      71 words
Page thumbnail Page 29
  • ENTERTAINMENT
    • Article, Illustration
      Lock icon A planet on the brink
      609 29 CINEMA The 11th Hour clubs the viewer over the head with bleak evidence that the end of the world is fast approaching. Despite its crude technique, it is brutally effective as a Message Movie, says GEOFFREY EU AS its title implies, the documentary feature The
      REUTERS  -  609 words
    • Article, Illustration
      Lock icon Unlikely bedfellows make Breakfast a blast
      573 29  -  BEN MUNROE CD REVIEW Breakfast on the Morning Tram Stacey Kent Blue Note/EMI Rating: B+ By IT'S not the most likely of creative combinations: a Booker Prize-winning novelist known for his atmospheric period novels with a jazz singer known for her acquaintance with romance
      573 words
    • Article, Illustration
      Lock icon A clever beast that is both cute and funny
      397 29  -  PARVATHI NAYAR DVD By HOW do the penguins do it? Feed our fascination for them, that is, by some really inventive celluloid: March of the Penguins, Madagascar, Happy Feet and now Surf's Up. This animated feature is a clever beast that
      397 words
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      317 29 GIVE ME MY CASH BACK! PLUS a chance to SHO p FOR FREE! Don't miss out on our fantastic CASHBACK* offer! With every purchase at Lorenzo, you'll get an immediate CASHBACK* of up to $500 OFF the usual price, PLUS a chance to SHOP FOR FREE+! So hurry on down
      317 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      272 29 CRYPTIC CROSSWORD (1 ~4) I^^^H CX\ I l^^^l l^^^ll trine that had been reformu--24 SaHor man has fashionable 7 Sub J ect on which one is '9" 22 Inquisitive American leaving waterproof (9) norant, motorist cannot see rare object (5) 26 Come to the same conclu- o L 1 t
      272 words
Page thumbnail Page 30
  • ARTS/WINE
    • Article, Illustration
      Lock icon Investing in the arger-than-life Warhol
      910 30 An upcoming exhibition in Singapore will showcase the creations of the pop-art icon 20 years after his passing, reports PARVATHI NAYAR N THE future everyone will be world-famous for 15 minutes," famously said pop-art icon Andy Warhol. Twenty years after his death in our reality
      YEN MENG JIIN  -  910 words
    • Article, Illustration
      Lock icon Exciting new space for contemporary art
      698 30  -  PARVATHI NAYAR By THE spidery chassis of a jeep meticulously recreated by knitted wire, over the equivalent of 1,000 working days; rows of tiny figures that march stoically around a strobe-lit centre; an organic painted form that is three-dimensional from one viewpoint and almost
      698 words
    • Article, Illustration
      Lock icon The art of matching wine with Asian food
      816 30  -  EDWIN SOON By THE classic combinations of wine with food will always delight champagne with caviar, prosciutto with Pinot Grigio, beef with Burgundy or Bordeaux, Shiraz with lamb, pork with Gewurztraminer; but then your cuisine choice can be limited for there is
      816 words
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      108 30 More Amazing Grazing A m Singapore's most stylish and beautiful Sunday Brunch just keeps getting better. Discover why it's the only place to be L f*" WF for brunch... and discover al fresco adventures and buffet that goes beyond, set to a soundtrack of smooth live jazz. MM Taste the
      108 words
Page thumbnail Page 31
  • PURSUITS
    • Article, Illustration
      Lock icon Unravelling mysteries of Asia to the world
      601 31  -  PROFILE Travel+Leisure covers the region extensively given the rise of interest in Asia, the US magazine's editor-in-chief tells CHEAH UI-HOON ASIA is becoming less "mysterious" to American travellers, thanks to Travel+Leisure (T+L), which is also out to uncover Asia for Asians with its
      601 words
    • Article, Illustration
      Lock icon Lang Lang's come a long way
      522 31  -  BENJAMIN LOH SINGAPORE SUN FESTIVAL Closing Recital Lang Lang, piano By WHEN I first heard Lang Lang perform Tchaikovsky's Piano Concerto No 1 with the Singapore Symphony Orchestra in 1997, when he was just 15, it was immediately obvious that he was a pianist
      AP  -  522 words
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      23 31 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
      23 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 2
      164 31 I GLOBAL EDUPBENEUB PROGRAM <SJJSgS» Anybody can earn $10,000* monthly Easily when you I Discover our PROVEN TRADE SECRETS! No need to quit your job. I MONEY BACK GUARANTEE* to make sure you succeed I iimmsxmSm a^ud H^^^^^^iA^^^^S "We are earning more than HrTOTT7fs!iT^TSPTHfI J 5530,000 monthly the Global COiyy®ra^^mStellteElJ7
      164 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 3
      56 31 I «^^^^i SI HHHHHH $48, $68, $88, $98, Supported by Official Radio Station 108, 118 (SISTIC charges apply) LSISTIC Hotline S^S SymXnv 6348 5555 or online F KE C^-JL-Q24fm AMBASSADEDE TRANCE "t www.sistic.com.sq a S in<;ai™ k goo* l& Held In Official Hotel Organised by C~. UNIQUELY Wioapore Raffles The
      56 words
Page thumbnail Page 32
  • BOOKS
    • Article, Illustration
      Lock icon The mistakes men make
      755 32  -  Jeanette Winterson's novel is a critique of the 'stone gods' that are worshipped to the detriment of personal relationships and love, says WEI-TZE SAM The Stone Gods By Jeanette Winterson Published by Hamish Hamilton Price: $31.95 w/o GST Pages: 207 Rating: B- SCIENCE fiction has become
      FILE PHOTO  -  755 words
    • Article, Illustration
      Lock icon Framing the issues of global warming
      477 32  -  MATTHEW PHAN Heat By George Monbiot Published by Penguin Books Price: $24.95 Pages: 215 Rating: A- By Upon finishing George Monbiot's Heat, I am reminded of what a PR executive of an oil major here whispered over at a conference: that the debate on
      477 words
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      110 32 More than 250 years of uninterrupted history II fll 15s y SUNDAY CONTEMPORARY RETROGRADE li^^^ 9S m* j* J I^^^^^^ DATE AND DAY PATRIMONY rLT^S*"^ i^^ 0 42.50 mm pink gold case. Caliber SB '^***>'/^!*^^_ 2460R31R7 f! Poincon de Geneve. Self- I M^^^^.i Tiif^^r a winding mechanical movement. Day and
      110 words