The Business Times, 9 November 2007

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Microfilm: NL28569
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 The Business Times SINGAPORE 85 cents online at http://business-times.asial.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 202/12/2006 Friday, November 9,2007
    22 words
  • Article, Illustration
    Lock icon Spore-US services trade hits 14-year high in '06
    730 1  -  CHUANG PECK MING My father used to say, 'Choose one or the other business or polities'. So I chose business. J Mokhzani Mahathir, second son of former Malaysian prime minister Mahathir Mohamad [SINGAPORE] Two-way trade in services between Singapore and the United
    730 words
  • Article
    Lock icon Stocks tumble across Asia after Wall St drop
    776 1 AP, AFP, Reuters Nikkei index sheds 2%, Hang Seng 3.2% and Shanghai Composite 4.9% [TOKYO] Asian markets feU yesterday after Wall Street posted its second big drop in a week as investors worried about the extent of fallout from the global credit
    – AP, AFP, Reuters  -  776 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      45 1 ST INDEX Closed 1 COMP Closed IIKKEI225 15,771.57 -325.11 IANG SENG 28,760.22 -948.71 ;et INDEX 873.64 -6.63 JAKARTA COMP 2,678.22 -35.75 1ANILA COMP 3,692.10 -96.16 ;eoulcomp 1,979.56 -63.63 ;henzhenb 748.78 -29.98 IUMBAI IND 19,058.93 -230.90 12noon EDT Change )OW 13,302.05 +2.03 IASDAQ 2,727.50 -21.26
      45 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.25 INDONESIA 15.726 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.50 CANADA 6.25 SWITZERLAND 4.07 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 ISS (SS per USS) 1.443 (USS/SS per 2.094 3.023 :uro(uss/s$/e) 1.463 2.111 EN 113.90 78.90 3.332 2.308 IKS 7.770 5.384 IAHT 33.97 23.53 UPIAH 9,120 6,319 ENMINBI 7.443 5.157 INDIAN RUPEE 39.25 27.20 1.068 0.740 IZ$ 1.274 0.883
      39 words
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  • Page 1 Miscellaneous
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  • TOP STORIES
    • Article, Illustration
      Lock icon Fed panel sees US growth slowing, rising inflation risks
      611 2 Bloomberg, Reuters, AP It, however, expects economy to improve later next year, Fed chief tells Congress [WASHINGTON] Federal Reserve chairman Ben Bernanke said the US economy is likely to "slow noticeably" this quarter while high commodity prices and a weaker dollar
      Bloomberg, Reuters, AP; REUTERS  -  611 words
    • Article
      Lock icon Spore tax on capital half headline rate
      883 2  -  CHUANG PECK MING [SINGAPORE] The Republic's effective tax rate on capital is only half its headline corporate tax rate among the lowest in the world a study by Canadian think-tank CD Howe Institute has found. But Singapore's effective rate is still higher than
      883 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Effective S'pore capital tax only half headline rate
        67 2 SINGAPORE'S effective tax rate on capital is only half its headline corporate tax rate, and among the lowest in the world, a Canadian study has found. But Singapore's effective rate is still higher than that of its chief rival Hong Kong, based
        67 words
      • Article
        Lock icon Will oil send US economy sliding again?
        64 2 ON its own, oil prices that are surging towards US$100 a barrel would not cause the US economy severe damage. But when placed on top of other major economic concerns, such as a brutal housing correction, troubled financial markets and hard-hit banks, it
        64 words
      • Article
        Lock icon Apex-Pal to expand outlets by 15% globally next year
        63 2 APEX-PAL International is staying with fast-track expansion despite a botched attempt to take over Thai Village this year. It now wants to increase the number of its food and beverage outlets from the current total of more than 70 by 15
        63 words
      • Article
        Lock icon GE Commercial Finance to bring in new products
        61 2 ENCOURAGED by the strong growth in Singapore and the region, GE Commercial Finance is looking to introduce more financing products next year and is hiring more people to drive the business. Products in the pipeline include some in the areas of real
        61 words
      • Article
        Lock icon Umno prepares public for hike in fuel prices
        58 2 MALAYSIA'S ruling party, Umno, prepared the country yesterday for a possible hike in fuel prices, a move that could erode public support for the government ahead of national elections. Malaysia spends about RM15 billion (S$6.5 billion) a year to subsidise retail prices
        58 words
      • Article
        Lock icon Beijing curbs foreign investment in key areas
        68 2 CHINA'S economic planning agency has issued restrictions on foreign investment in real estate and other sectors, part of a range of measures aimed at righting imbalances in the economy. A lengthy list of revised rules that take effect on Dec 1 imposes bans
        68 words
      • Article
        Lock icon AIG takes US$2b hit in sub-prime losses
        79 2 AMERICAN International Group, the world's largest insurance company, has written down nearly US$2 billion in investments related to mortgages for the third quarter and expects to write down an additional US$550 million for the next quarter. The reduction, detailed as part of its
        79 words
    • Article
      Lock icon Will oil send the US economy sliding again?
      1141 3  -  ANDREW MARKS High price alone not fatal, but credit crisis, housing worry add to recession risk NOT long ago, the general consensus would have been that US$lOO oil would cause the US economy to go into a recession, and with good reason
      1,141 words
    • Article, Illustration
      Lock icon Japanese firms back in Asean as China loses its appeal
      583 3  -  VIKRAM KHANNA [SINGAPORE] After years away, Japanese companies are showing increasing interest in investing in Asean countries, according to the head of Japan's premier trade and investment promotion body, Jetro. In an interview with BT, Jetro chairman and CEO Yasuo
      ARTHUR LEE  -  583 words
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      69 words
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      Lock icon Page 2 Advertisements Column 2
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      34 words
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      Lock icon Page 3 Advertisements Column 1
      126 3 4&teL WINTER CdO WONDERLAND 'SNOWFALL' l i f SPECTACULAR m M JEWEL I CHRISTMAS J^ MUSICAL **>^ UGHT SHOW For the experience of a lifetime, visit www.mountfaber.com.sg or call guest relations at ONE OF THE WORLD'S (65) 6377 9688, for more TALLEST CHRISTMAS TREE details on showtimes and pricing. M
      126 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Apex-Pal to expand outlets by 15% globally next year
      649 4  -  LYNETTE KHOO It cites Vietnam, Mongolia, Hungary and Dubai as new markets for its brand APEX-PAL International is staying on a fast-track expansion path despite an earlier blotched attempt to take over Thai Village this year, and now wants to grow
      FILE PHOTO  -  649 words
    • Article
      Lock icon Sinostar posts 40.2% drop in Q3 profit
      382 4  -  CHEN HUIFEN Lower profit margin and higher expenses drag down earnings PETROCHEMICAL producer Sinostar Pec Holdings posted a 40.2 per cent drop in third-quarter net profit to 15.2 million yuan (552.9 million), dragged down by lower profit margin and higher expenses. The profit
      382 words
    • Article
      Lock icon Longcheer Q1 profit edges up 1 % as costs rise
      273 4 Longcheer Q1 profit edges up 1 as costs rise MOBILE handset designer Longcheer Holdings reported a one per cent gain in Ql net profit to 56.4 million yuan (5510.9 million), hit by competitive pricing and changes in its product mix. For the three months ended Sept 30, the Shanghai-based firm
      273 words
    • Article
      Lock icon 1st Software board faces tough questions
      688 5  -  LYNETTE KHOO EGM WATCH Small holders upset over lack of new business and dilutive share placements Ist Software Corporation's extraordinary meeting today could see minority shareholders voting to oust its current board of directors amid uncertainty over the company's fate as a deadline to
      688 words
    • Article, Illustration
      Lock icon Asia-Pacific equity markets look attractive next year, says S&P
      302 5 Reuters But don't expect the stellar gains seen this year, it warns [HONG KONG] The strong outlook for Asia-Pacific economies means the region will still be an attractive destination for investors in 2008, but don't expect stock markets to repeat the
      – Reuters; AP  -  302 words
    • Article, Illustration
      Lock icon TMB's capitalisation now certain: DBS
      701 6 Bloomberg ING to pay 460 million euros for 30% stake in Thai bank [BANGKOK] There is now certainty in the capitalisation of TMB Bank, with all shareholders benefiting from the higher valuation of its shares, Singapore's DBS Bank said yesterday after losing a bid to
      – Bloomberg; BLOOMBERG  -  701 words
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      173 4 Singapore Writers C* Festival V' 1 9 December 2007 A I Don't miss CROSSINGS at the Singapore Writers Festival this 'f'-'^k year, which celebrates Ihc intersecting of disciplines, cultures, v traditions and languages in the literary arts! Look out for the M^ W exciting lineup of programmes including concerts, film
      173 words
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      805 6 Participate in ASEAN's Business Event oftheYear 16- 18 November 2007 c c- Engage in top-level discussion with the region's political and business leaders as ASEAN moves towards greater economic integration. The 2007 ASEAN Business and Investment WWW.asean-biStCOm Summit (ASEAN-BIS) is the region's key meeting between the private and public sectors
      805 words
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  • SINGAPORE NEWS
    • Article
      Lock icon GE Commercial Finance to bring in new products
      599 7  -  CHEN HUIFEN These include real estate debt financing, healthcare financial services ENCOURAGED by the strong growth in Singapore and the region, GE Commercial Finance is looking to introduce more financing products next year and hiring more hands to drive them. "We are
      599 words
    • Article, Illustration
      Lock icon Money makes the horses go round
      816 7  -  LARRY FOLEY $500,000 at stake in the Singapore Gold Cup this Sunday YOU had better take ear plugs to the races this Sunday, when the winning owner stands to walk away with not only a little bit of Singapore racing history but a cool
      816 words
    • Article, Illustration
      Lock icon Private sector support needed in bid for Youth Olympics: Ser Luck
      382 7  -  VINCENT WEE THE increasing commercialisation of sports means that the success of Singapore's bid for the 2010 Youth Olympic Games will hinge heavily on strong private sector support. This reality was highlighted earlier this week by Ministry of Community,
      YEN MENG JIIN  -  382 words
    • Article
      Lock icon Spore, UAE ink pact on closer public sector ties
      322 7  -  CHEN HUIFEN By TIES between Singapore and the United Arab Emirates (UAE) look set to deepen further with the recent signing of a pact that will see both their public sectors working more closely together. The Singapore Cooperation Enterprise (SCE), formed
      322 words
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      Lock icon Page 7 Advertisements Column 1
      77 7 Frustrated by slow network or Internet access in your office? Worried about the confidentiality and integrity of your data? Concerned about security when you transact over Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? How can you prevent your staff from installing unauthorised
      77 words
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      Lock icon Page 7 Advertisements Column 2
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      54 words
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  • ECONOMY WATCH
    • Article
      Lock icon China set to pip US as Japan's top export mart
      478 8 Reuters Shift seen as cushion for Japan against any American economic slowdown [TOKYO] China is set this year to replace the United States as Japan's biggest export destination for the first time in modern history, and this is likely to
      – Reuters  -  478 words
    • Article, Illustration
      Lock icon Dumping US dollars doesn't make sense
      755 8 Reuters NEWS ANALYSIS [NEW YORK] While there is no shortage of factors stacked against the US dollar these days, a sudden rush by central banks to dump US assets probably is not one of them. Still, with confidence in the greenback at a record
      – Reuters; BLOOMBERG  -  755 words
  • Page 8 Advertisements
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      117 words
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      Lock icon Page 8 Advertisements Column 2
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      219 words
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      83 9 1 1 I i Quality Social Responsibility At Mitsubishi Electric, we play our part as a good corporate citizen. As part of a bigger society, we constantly look for ways to help others around us, including committing time and physical efforts to contribute to the community. When we can bring
      83 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Focus on India and China at free zone meet in KL
      621 10  -  PAULINE NG Failed Port KlangJafza deal pushed aside; no participant from Dubai in Kuala Lumpur THAT the Port Klang Authority has fallen out with one of the world's biggest free zone operators has been quietly pushed to one side
      621 words
    • Article
      Lock icon Umno prepares public for hike in fuel prices
      297 10 -AP [KUALA LUMPUR] Malaysia's ruling party prepared the country yesterday for a possible hike in fuel prices, a move that could erode public support for the government ahead of national elections. Malaysia spends about RMIS billion (556.5 billion) a year to subsidise
      -AP  -  297 words
    • Article
      Lock icon HSBC gets licence to set up Islamic bank in M'sia
      217 10 Reuters [KUALA LUMPUR] Global bank HSBC Holdings said on Wednesday it has won a licence to set up a standalone Islamic bank in Malaysia, in a move that could speed up the expansion of its local branch network. Foreign banks
      – Reuters  -  217 words
    • Article, Illustration
      Lock icon Deforestation could detonate 'climate bomb'
      243 10 -AP [SINGAPORE] Industry-driv-en deforestation in Indonesia could "detonate a climate bomb" if not brought under control, the environmental group Greenpeace said yesterday. A report by Greenpeace, launched in Singapore, said that the burning of Indonesia's rainforests and peatlands to build palm oil plantations releases massive
      -AP; AFP  -  243 words
    • Article
      Lock icon Abdullah tells GLCs to boost bumiputra capacity
      234 10 Bernama [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi wants government-linked companies (GLCs) to be at the vanguard of enhancing the capabilities and credibility of bumiputra companies and entrepreneurs. He said GLCs must jointly shoulder the responsibility of realising the government's vision of
      Bernama  -  234 words
    • Article
      Lock icon Malaysia, Pakistan set to sign free-trade pact: source
      363 10 Reuters [KUALA LUMPUR] Malaysia and Pakistan are scheduled to sign a free-trade agreement before Monday, a source familiar with the negotiations said yesterday, in a deal that is expected to boost Malaysian palm-oil exports. Malaysia is the world's largest producer of palm
      – Reuters  -  363 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Beijing curbs foreign investment in key areas
      356 12 -AP [SHANGHAI] China's economic planning agency has issued restrictions on foreign investment in real estate and other industries, part of a range of measures aimed at righting imbalances in the economy. A lengthy list of revised rules that take effect on Dec 1
      -AP; AFP  -  356 words
    • Article
      Lock icon HK crackdown on firms not contributing to pension fund
      564 12  -  JANE MOIR Over 300,000 notices issued to defaulting employers in less than a year HONG KONG is planning to clamp down on employers who fail to contribute to the Mandatory Provident Fund (MPF), the city's pension scheme. Bosses are said to
      564 words
    • Article
      Lock icon China to open moon projects to private funding
      249 12 Reuters [BEIJING] China, the third country to put a man into space aboard its own rocket, will open part of the second stage of its moon mission projects to private funding, a newspaper said yesterday. As part of an ambitious space programme,
      – Reuters  -  249 words
    • Article
      Lock icon CIC to invest in state banks, avoid sensitive foreign assets
      456 12 -AP [BEIJING] China has announced the first strategic plans for its new multibil-lion-dollar investment fund, saying that one-third of its funds will be injected into Chinese state banks and that it will avoid investing in foreign airline, oil or telephone
      -AP  -  456 words
    • Article
      Lock icon China's Google mulls buyouts, HK listing
      392 12 Reuters [HONG KONG] Reigning Chinese Internet search firm Baidu.com Inc is pondering acquisitions and possibly a Hong Kong share listing to fuel an expansion into the country's consumer Internet market, taking on Alibaba.com in the world's No 2 Web arena. Chief executive Robin Li
      Reuters  -  392 words
    • Article
      Lock icon Key stock index falls 4.9%
      209 12 -AP [SHANGHAI] China's benchmark Shanghai Composite Index fell 4.9 per cent yesterday, tracking losses elsewhere in Asia and in the United States, in the market's biggest one-day decline in four months. The index lost 4.9 per cent, or 271.76 points, to 5,330.02. It was the
      -AP  -  209 words
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      1333 12 NOTICF ftp ANNUAL GENERAL MPPTIMr VICPLAS INTERNATIONAL LTD NU I llrC UP ANNUAL ÜBNEKAL MBB I INU VICPLAS (Company Registration No. *****5362R) NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at 35 Joo Koon Circle, Singapore *****0 on Tuesday, 27 November 2007
      1,333 words
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      21 12 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
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  • INDIA
    • Article, Illustration
      Lock icon Luxury goods are now necessities for many Indians
      630 14  -  WONG MEI LING Higher disposable incomes are spent on lifestyle products even in smaller cities in New Delhi INDIANS are fast gaining a reputation for an insatiable appetite for luxury goods and their extravagance when it comes to shopping. The consumer market
      AFP  -  630 words
    • Article
      Lock icon New panel to revise telecom spectrum allotment rules
      392 14 Reuters [NEW DELHI] India wiU set up a new panel with representatives from industry and experts to revise norms for allotment of spectrum to wireless telecoms operators, the telecoms ministry said. India is the world's fastest growing mobile services market, adding about
      Reuters  -  392 words
    • Article
      Lock icon India raises RBI firepower for rupee intervention
      444 14 neuters Ceiling on bond sales goes up 25% to 2.5 trillion rupees [MUMBAI] India strengthened the central bank's hand to intervene in the currency market on Wednesday after the rupee touched a near-decade high, and analysts said the move would help ease the
      – neuters  -  444 words
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      2364 14 IN THE MATTER OF THE IN THE MATTER OF THE LOQT QTOPK CERTIFICATED IN THE MATTER OF THE >*-«V COMPANIES ACT, CHAPTER 50 COMPANIES ACT, CHAPTER 50 LU& I lUOK. UfcH lIHUAI t\S>) COMPANIES ACT CAP 50 SWECO ASIA PTE LTD M-l PRODUCTION CHEMICALS AP Notice is hereby given that
      2,364 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon News Corp Q1 Drofits up on box office sales
      541 15 Reuters Media firm sees earnings rise 23% but warns of 'rough' climate next year [NEW YORK] News Corp reported on Wednesday a 23 per cent rise in quarterly operating profit, helped by strong box-office sales for The Simpsons but said it
      Reuters; REUTERS  -  541 words
    • Article
      Lock icon San Miguel sells Aussie assets for US$2.9b
      431 15 -AFP [MANILA] The sale by Philippines-based San Miguel of its Australian assets for US$2.9 billion will allow the food and beverage group to expand into new businesses elsewhere, the company said yesterday. This included previously announced plans to invest US$75O million in businesses
      -AFP  -  431 words
    • Article, Illustration
      Lock icon Citigroup executives sued by investor
      181 16 Bloomberg [NEW YORK] Top executives at Citigroup Inc, the world's biggest bank, were sued by a shareholder who claimed they breached their duty to the firm by issuing "improper statements" about its growth. The complaint, filed today in Manhattan federal court, names Charles 0 "Chuck"
      Bloomberg  -  181 words
    • Article
      Lock icon AIG takes US$2b hit in sub-prime losses
      683 16 -NYT SUB-PRIME SHOCK Insurer expected to write down additional USsssom next quarter [NEW YORK] The American International Group (AIG), the world's largest insurance company, said on Wednesday that it wrote down nearly US$2 billion in investments related to mortgages in the third quarter
      -NYT  -  683 words
    • Article, Illustration
      Lock icon Morgan Stanley hit by US$3.7b sub-prime bill
      693 16 Bloomberg [NEW YORK] Morgan Stanley, the second-biggest US securities firm, joined Merrill Lynch Co and Citigroup Inc in booking losses on sub-prime mortgage-re-lated assets and said that the outlook for credit markets is bleaker than in September. The company said that it lost
      Bloomberg; BLOOMBERG/FILE PHOTO  -  693 words
    • Article
      Lock icon Merrill's mortgage woes piling up
      306 16 Reuters Firm's exposure USs6.3b more than previously disclosed [NEW YORK] Merrill Lynch Co Inc said on Wednesday its total exposure to risky collateralised debt obligations (CDOs) and sub-prime mortgages is U5527.2 billion, or about US$6.3 billion more than what the company disclosed late last month.
      – Reuters  -  306 words
    • Article
      Lock icon Vietcombank in stake sale talks: sources
      486 16 Bloomberg [HONG KONG] Bank for Foreign Trade of Vietnam, the country's third-biggest state-owned bank, is in talks with General Electric Co and a group of Japanese investors including Nomura Holdings Inc about a stake sale, three people familiar with the matter said. The company,
      – Bloomberg  -  486 words
    • Article
      Lock icon BlackRock chief said to be in meeting over Merrill job
      390 16 -NYT [NEW YORK] Laurence D Fink, chairman and chief executive of Blackßock and the leading candidate to take over the job as head of Merrill Lynch, has met with the executive search firm responsible for filling the brokerage firm's top
      -NYT  -  390 words
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      335 words
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  • WORLD
    • Article, Illustration
      Lock icon More rate cuts may come, say Fed officials
      803 17 Reuters Cuts likely if housing slump spreads to other areas and growth is weaker than expected [MILWAUKEE] Federal Reserve officials on Wednesday said more interest rate cuts could be needed if economic growth proves weaker than expected, just a week after hinting
      – Reuters; REUTERS r  -  803 words
    • Article
      Lock icon Banking chiefs press for more flexible US regulation
      570 17 -Reuters [WASHINGTON] US bank executives urged Congress on Wednesday to enact a set of guiding principles for federal and state financial regulators that would help reduce regulatory burdens and improve US competitiveness. The call to embrace more flexible rules comes after Citigroup
      -Reuters  -  570 words
    • Article
      Lock icon Hedge fund index up 3.6% in Oct
      304 17 Bloomberg Best performance in 2 years as equities rise: Eurekahedge [TOKYO] An index tracking global hedge funds recorded its best performance in almost two years in October as equities rose and commodities including gold and oil advanced, according to Eurekahedge. The Eurekahedge Hedge
      Bloomberg  -  304 words
    • Article
      Lock icon Rubin will back Clinton: sources
      288 17 -NYT [NEW YORK] Robert E Rubin, Treasury secretary in the Clinton administration and new chairman of Citigroup, has overcome early misgivings about Senator Hillary Rodham Clinton's presidential candidacy and will support her publicly in the fight for the Democratic nomination, people close to both of
      -NYT  -  288 words
    • Article, Illustration
      Lock icon Nasdaq to buy Philadelphia bourse for US$652m
      452 17 Reuters [NEW YORK] Nasdaq Stock Market Inc on Wednesday confirmed it would acquire the Philadelphia Stock Exchange for US$652 million, a move that will let the No 2 US stock exchange expand its presence in the fast-growing equity options business. By taking over
      – Reuters; AP  -  452 words
    • Article
      Lock icon LSE extends closing auction after data glitch
      244 17 Bloomberg [LONDON] London Stock Exchange pic was forced to extend its closing auction by an hour and a half on Wednesdsay after a technical problem affected live prices, causing the biggest disruption in seven years. The glitch left some traders without prices for
      – Bloomberg  -  244 words
    • Article
      Lock icon Visa in US$2.1b settlement with Amex
      299 17 Reuters [NEW YORK] Visa, the world's largest credit card network, has agreed to settle a three-year-old anti-trust lawsuit with rival American Express Co for about US$2.l billion, Visa said on Wednesday. The settlement stems from a 2004 suit American Express filed against Visa, MasterCard
      Reuters  -  299 words
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  • AVIATION
    • Article, Illustration
      Lock icon Record oil prices may hit US airlines' growth
      582 18 Bloomberg They may also be pushed into merging or restructuring their businesses [CHlCAGO] United Airlines, Continental Airlines Inc and Southwest Airlines Co may slow their growth further in 2008 and carriers may be pushed into mergers because of record fuel prices, industry
      Bloomberg; BLOOMBERG  -  582 words
    • Article
      Lock icon US airlines cut chronic delays after fine threat
      586 18 Bloomberg DOT threatens daily fines of U5525,000 for late flights [WASHINGTON] US airlines cut chronically delayed flights to the lowest level in almost two years after a second threat of federal fines if carriers do not improve performance. Fifty-six regularly scheduled flights
      Bloomberg  -  586 words
    • Article
      Lock icon EADS's Q3 net loss soars to 776m euros on Airbus delays
      348 18 -AFP [PARIS] European aerospace group EADS, saddled with costly delivery delays at aircraft unit Airbus, reported a sharp widening in its third-quarter net loss yesterday but said sales beat expectations. The European Aeronuatic Defence and Space Company predicted that
      -AFP  -  348 words
    • Article
      Lock icon Air Arabia plans base in Rabat to tap Europe
      326 18 Bloomberg [DUBAI] Air Arabia PJSC, the United Arab Emir-ates-based discount carrier, plans to open a base in Morocco to meet demand for travel between Europe and North Africa. The carrier will take over the operations of closely held Regional Air Lines,
      – Bloomberg  -  326 words
    • Article
      Lock icon Delta mulls selling its frequent flier unit
      170 18 Bloomberg [CHlCAGO] Delta Air Lines Inc, the third-largest US carrier, said it's studying the possible sale of its frequent flier programme and will provide more financial details on the unit starting next year. The airline hasn't made any decisions on a sale, which
      – Bloomberg  -  170 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2414 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AC), A'r Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,414 words
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  • SHIPPING/LOGISTICS
    • Article, Illustration
      Lock icon UPS to introduce paperless shipping, easy package returns
      1630 19  -  P X SURESH The new services will start in January and help SMEs do business globally UNITED Parcel Services (UPS) has announced two new services that the world's largest package delivery company said would dramatically change the future of global shipping. Once
      1,630 words
    • Article
      Lock icon Bulk carrier held liable for hitting barge
      751 19  -  SELVA KUMAR ADMIRALTY CASEBOOK Court faults carrier for commencing its turn too late in Goa entrance channel THE English High Court has found the bulk carrier MV Ariela fully liable for hitting a barge at the entrance channel of the port of Mormugoa
      751 words
    • Article
      Lock icon Hyundai Heavy's profit more than doubles in Q3
      293 19 -AP [SEOUL] Hyundai Heavy Industries Co, the world's biggest shipbuilder, said yesterday its third-quarter net profit more than doubled amid strong performance by affiliates and higher vessel prices. Hyundai Heavy Industries earned 434.7 billion won (Ss6B9 million) in the three months ended
      -AP  -  293 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 19 '000 lov CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.96 0.38 7.40 1.27
        112 words
      • Article
        Lock icon KLSE
        37 19 '000 lov Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie.... NCB Holdings NeplineBhd PDZ Holdings 1.27 ....lunch 10.00 5.25 3.02 0.24 2.75 0.01 0.15 0.20 0.20 0.04 unch 0.08 321 711 938 1726 45 76 68
        37 words
      • Article
        Lock icon BANGKOK
        7 19 ■oo ■recious Ship .27.75 -1.25 3701
        7 words
      • Article
        Lock icon HONGKONG
        12 19 '000 lov Doil iingamas Cont 76.05 3.72 -1.60 -0.07 69: 534}
        12 words
      • Article
        Lock icon PHILIPPINES
        21 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 41.00 2.00 unch -0.30 -1.00 unch unch 781 137' 21:
        21 words
      • Article
        Lock icon TAIPEI
        23 19 lov Evergreen Marine ....27.40 :irst Steamship 75.90 /Van Hai Lines 31.20 r"ang Ming Marine ..25.20 -2.05 -0.10 -2.30 -1.55 3: 1! 1(
        23 words
      • Article
        Lock icon TOKYO
        39 19 '000 lov 'en :awasaki Hvy Ind ..354.00 -19.00 3758! :awasaki Kisen ...1473.00 -25.00 596! /litsubishi Hvy 554.00 3.00 5577! /litsui Eng&Sbldg ..554.00 -6.00 1419! /litsuiOsk Lines ...1760.00 -24.00 1258: lippon Express 561.00 -8.00 457: lipponYusen 1116.00 3.00 725:
        39 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Gold as a hedge against uncertainty
      488 20 UNTIL the last couple of years, most advisers did not view gold as an asset worthy for inclusion in a portfolio. Gold investors endured a long fallow period of falling or stagnant prices in the 1980s and *****. Even the brief period in the
      488 words
    • Article, Illustration
      Lock icon Everyone can build a million-dollar nest egg
      1372 20  -  GOH YANG CHYE Just start investing $290 a month from age 21, and assuming a 10% annual return ANNUITY, or longevity insurance, has been a hot topic since it was first mooted in this year's National Day Rally speech. As the government works
      FILE PHOTO  -  1,372 words
    • Article, Illustration
      Lock icon Anglo-Saxon financial model may yet be unsound
      766 20  -  ANTHONY ROWLEY THE BOTTOM LINE WHY mess with success? That is the way one banker summed up the domination by banks of Asian financial markets during a recent conference in Tokyo where others argued that capital markets bond markets in particular should be
      766 words
    • Article, Illustration
      Lock icon Shenhua is face of new Chinese state-owned enterprises
      1193 21  -  ELAINE KURTENBACH -AP It is trying to save and recycle water, plant forests and grasslands, and cut back on emissions from power plants LING Wen seems an unlikely coal baron. A long-time banker with a penchant for smartly tailored suits, he is
      -AP; AP  -  1,193 words
    • Article, Illustration
      Lock icon When fake news and comedy trump reality
      904 21  -  LEON HADAR DISCUSS political events with a 20-something American these days and you would probably be surprised to learn that he or she gets much of his or her news on politics, including the presidential race, from The Daily Show with Jon Stewart
      904 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      370 22 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 7 World Index Preliminary 1158.6 -0.9 5.3 -1.0 4.0 -0.4 10.! EAFE Preliminary 1147.2 -0.6 3.6 -0.4 6.0 0.2 13.1 Euro[ Preliminary 1563.5 -0.7
      370 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      123 22 As at 9am Nov7 )f foreign currency: Currencies Bid Offer lust dollar 1.3410 1.3570 :an dollar 1.5670 1.5850 iuro 2.0930 2.1170 IZ dollar 1.1250 1.1490 Sterlin mnd 3.0010 3.0350 JS dollar 1.4380 1.4550 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer Ihi renminbi
      123 words
    • Article
      Lock icon INTERBANK RATES
      161 22 Nov7 fer Bii Overnight 1/2 1-month 2 5/16 2-months 2 7/16 3-months 2 15/32 Overnight mode: 7/16 US$ Offer 3/8 2 3/16 2 5/16 2 11/32 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.65 4.67 4.88 4.88 4.83 4.73
      161 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 22 Nov7 ten J!i Sett STI SIMSCI Nov 449.5 454.1 446.3 Taiwan Nov 368 368.8 364 Source: MF Global (S) Pte. Ltd
      24 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 22 Nov7 s: Bid Offer 1-month 1.4395 1.4408 2-months 1.4365 1.4379 3-months 1.4337 1.4351 6-months 1.4264 1.428 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      285 22 Nov7 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 08 377.50 381.25 383.00 386.75 391.75 394.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest
      285 words
    • Article
      Lock icon CHICAGO BOT
      104 22 Nov7 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov 07 1023.75 1029.50 1035.00 1018.50 Jan 08 1038.50 1044.50 1051.00 1031.00 Mar 08 1053.00 1059.00 1065.00 1046.00 May 08 1056.75 1061.00 1068.00 1049.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 43.64 43.62 44.02 43.35
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 22 CRUDE OIL PRODUCTS Nov7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 93.92 0.4 WTI (Near Mth) 96.30 -0.13 Dubai (1-Mth F) 88.56 2.62 Tapis blend 100.8 3.2 Minas 94.7 0.3 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 91.45 113.25 1.50 1.65 US$/barrel Opec Oil Basket
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 22 Nov7 AS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.853 6.967 0.640 7.273 36.740 85.363 1.066 8.481 3.118 1.192 56.996 40.508 1.351 6.056 1.065 30.301 31.793 0.447 0.936 Canada 1.173 8.169 0.750 8.529
      466 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 22 Woi/7 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****V 06.02.08 1-Year BY*****A 29.09.08 2.27 2.18 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X 3.125 20-Year
      86 words
    • Article
      Lock icon PRECIOUS METALS
      166 22 Nov 8 GOLD (USS/oz) Nov OS Nov 07 GOLD BULLION COINS (S$) Sellini Bu' fin. Hong Kong London Hong Kong 828.00 838.00 829.00 839.00 Nov06 Nov07 London 822.95 837.45 823.65 828.15 Source: Reuters yjj; jelling puyintj ■foz 1346.06 1210 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $471.87
      166 words
    • Article
      Lock icon SIBOR
      75 22 Woi/7 1 mth 2 mths 4.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 3.*****
      75 words
    • Article
      Lock icon LONDON METALS
      68 22 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2573.20 2594.20 3 months 2623.00 2643.00 Copper, Grade A (USS/tonne) Cash 3 months 7305.00 7315.00 7480.00 7480.00 Lead (USS/tonne) Cash 3631.00 3 months 3590.00 3812.00 3750.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00
      68 words
    • Article
      Lock icon LIFFE
      80 22 Nov7 (£/tonne) Close Prev Hii ih/Low Dec 07 926 936 Mar 08 955 960 May 08 968 973 Jul 08 981 987 945/926 970/955 980/968 994/981 COFFEE (US$/tonne) Close Pev High/Low Nov07 2435 unch 2495/2425 Jan 08 1949 1970 1997/1939 Mar 08 1891 1902 1922/1880 May 08 1894 1906
      80 words
    • Article
      Lock icon PALM OIL
      64 22 Nov7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Nov07 2970 2972 2972 2970 40 792 Dec 07 2990 2990 2997 2980 659 9292 Jan 08 3000 3000 3009 2984 8576 ***** Feb OS 3000 3002 3005 2980
      64 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 22 Nov7 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3501 1.3518 0.9358 0.9363 Canadian dollar 1.5833 1.5850 1.0975 1.0978 Euro 2.1099 2.1120 1.4625 1.4628 NZ dollar 1.1318 1.1341 0.7845 0.7855 Sterlim md 3.0212 3.0240 2.0941 2.0945 US
      155 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      303 22 Wo 1/8 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 EUROYEN FUTURES 95.190 95.640 95.855 95.970 0 0 0 0 ***** ***** ***** 7076 3ec07 99.180 99.180 Vlar08 99.175 99.175 Iun08 99.155 99.160B >ep08 99.105 99.110 3ec08 99.045 99.060B Vlar09 99.000 99.000 Iun09
      303 words
    • Article
      Lock icon BONDS & WARRANTS
      2456 22 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- COOO) Ratio Price ing Left 2036 Advance SCT Ltd W*****9 41.5 -1.5 596 1 87 12 2.77 33 4105#AsiatravelW*****7 45 -1.5 3 1 28 -5 1.70 30 1436 AusGroup MBL ECW*****4 23.5 2 226
      2,456 words
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  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      2511 23 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE >/Z^lira^yU <r="*<r lfc^*vlsfr "fel STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL N R^jKOc/ > SPYROSB CDN/NFK/SAV/NOL MWm^mmT p>"| it*»H^ .l? 1-^ L.....1. •mi,.|.,|..i- Ev/ a.\.,|.,,,,., i,,.|..,,_.,.. •L.-I-I-. Ev/ f.\.,|.,y.,., 1,,. 1..,,_.,., haw '^'^^i"**^ -^^^fl MIDDLE-EAST SERVICE F.E./S.E.A SERVICE L ,^jS^*^^y.\** Destination
      2,511 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      1751 24 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R I %-T--\ ■■>■ ■■>■■« TEL *****588 (14 LINES) FAX:*****163 \\M\IAfAM UA| INFn Customer Service/Bookings Direct line (1800) *****200 N^ I VIHII Flnl LllltJ PKL 1EL:(03|*****888FAX:(03)*****288PEN1LL:(04)*****00FAX:(04)*****99 JOHIEL:(07) *****23 FAX:(O7)2SIB92ISURIFL:(O3I) *****75 FAX:(031) *****14/*****05 www wnnhni en JKTTEL:(O2I) *****88FAX:(021) *****88P1MTEL:*****0/*****1 FAX:*****9 BEL TEL: (061) *****83 FAX:(061) *****25/*****09
      1,751 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      1155 24 \\~*T\ EASTERN CAR LINER, LTD I UL_^^__i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS IpUi^jmi^^g ■^VOY^ Ramp(KT) Lilting(KT) SIN PKL BTL MIRI LCB JKT I MERLIONACE 43 30 12/11 15/11 I NOBLE CORAL 2_ 60 13/11 15/11 I ENDEAVOR OAK 8_ 60 18/11 19/11 27/11 29/11 I GARDENIA ACE
      1,155 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 3
      989 24 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL TOY SIN P.KUNG COLOMBO N. SHEVA COLOMBO HOWRAH BR 0067W 06 NOV 07 NOV IONOV I4NOV IBNOV KOTA PiRWIRA YPWIIS 14 NOV OMIT 18 NOV 22 NOV 26 NOV RAJIV GANDHI I OII9W I 20 NOV
      989 words
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  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      5009 25 H3l H R H 1 H ||H Andersen Tel:6s-62SLS™ m 7I Fiji glory navigation groupl ■t^^jfl I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 4& !fc*Lit Jt&f"*^ iWw^aQ NORTH WF^T FXPRF^ I INF I SINa "70' I'UMn VYCOI tArRCOO LI INC rurrr OWNS OPERATES THE YOUNGEST FLEET
      5,009 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Spreading Orchard buzz
      1302 26 New outlets offering niche, top-end products liven up the 'quieter' part of Singapore's premier shopping area, reports CHEAH UI-HOON WHILE the talk in town a week ago was about the government's $40 million makeover of Orchard Road, the part of Orchard Road that stretches from Wheelock Place
      1,302 words
    • CINEMA/WINE
      • Article, Illustration
        Lock icon A message movie that is surprisingly good
        499 27 Lions for Lambs works principally because of its strong cast, says CHRISTOPHER LIM ESPITE the mixed reactions from numerous previews I and reviews, Lions for Lambs turned out to be surprisingly good, and comprised much more than tiresome American flag-wav-ing. The script is
        499 words
      • Article, Illustration
        Lock icon Charming storyline but disappointing ending
        295 27  -  UMA SHANKARI DVD PRICELESS, the lightweight French offering starring the inimitable Audrey Tautou, was a sleeper hit in Singapore when it opened in the cinemas here earlier this year. In this charming romantic comedy, Tautou plays gold-digging, scheming ingenue Irene. However, while in a relationship
        295 words
      • Article, Illustration
        Lock icon Jokes lack sting in this lightweight film
        668 27  -  GEOFFREY EU NOT that there's anything wrong with it but we all know Jerry Seinfeld can't act. The genius in his eponymous 1990s sitcom about "nothing in particular" was rooted in his easy-going nature, a quality stand-up routine that found fun in the
        668 words
      • Article
        Lock icon Visiting Montalcino and its wineries
        1139 27  -  N X YONG By IF you land at an airport, in this case Milan Malpensa, at 5.30 am, be prepared to sit around until Bam before you can get hold of your rental car. The hill town of Montalcino, a good five-hour drive from Milan
        1,139 words
    • ARTS/MUSIC
      • Article, Illustration
        Lock icon What a blast of a show!
        564 28 Chitty Chitty Bang Bang is a fun musical with great sets and good staging, says CHEAH UI-HOON I ANTASMAGORICAL it is lan Fleming's Chitty Chitty Bang Bang, with its car that flies and floats, Vulgarian spies and a cross-border plot where good eventually triumphs
        564 words
      • Article, Illustration
        Lock icon Real people, real issues
        663 28  -  SANGEETHA MADHAVAN THE Necessary Stage is growing up and growing older. The theatre group's latest production Good People marks its 20th anniversary with a play about Death and Marijuana. But seriously, Good People is the best production out of The Necessary Stage in a while. Set
        663 words
      • Article, Illustration
        Lock icon Blending diverse idioms of music and dance
        376 28  -  CHEAH UI-HOON A LOCAL chapter of the Soorya Global Festival of Indian Dance and Music was set up here two years ago and has provided a boost to the Indian classical arts scene since then. Tonight it showcases a Samudra-Trisakthi Fusion performance its
        376 words
      • Article, Illustration
        Lock icon Rounding off one rocking musical year
        473 28  -  CHRISTOPHER LIM IT has been a great year for fans of rock music, with many world-class acts visiting our shores for the first time. Fresh faces like Muse and Funeral For A Friend brought the latest in alternative and post-hard-core rock, while two weeks
        FILE PHOTO  -  473 words
      • Article, Illustration
        Lock icon Pleasing for fans but not that original
        592 28  -  BEN MUNROE CD REVIEW Long Road Out of Eden Eagles Lost Highway/Universal Rating: B THERE'S a lot of hype surrounding this album launch and reams of newsprint have been devoted to analysing how savvy the band has been in launching their first full
        592 words
    • CLIPPER ROUND THE WORLD RACE
      • Article, Illustration
        Lock icon Many ways to skin Clipper cat
        1321 29  -  VINCENT WEE Picking the right strategy and timing the tactics well will separate the winner from the losers, reports IT'S odd to think of the concept of tactics and strategy in a race that takes several weeks to complete, which stretches across thousands of
        ONEDITION  -  1,321 words
    • PURSUITS
      • Article, Illustration
        Lock icon Drink, be merry, and help save the world
        690 30 NIGHT OUT Johnnie Walker Blue Label auction combines luxury and social consciousness, reports CHRISTOPHER LIM VER been at a sombre charity event wishing for a stiff drink, or been out at the bar wishing you were doing something more meaningful? Charity liquor
        690 words
      • Article, Illustration
        Lock icon Arousing tale of dirty old man syndrome
        516 30  -  CHUANG PECK MING BOOK REVIEW Exit Ghost By Philip Roth Published by Jonathan Cape Price: $30.50 (w/o GST) Rating: B IF only man's sexual urge and romantic yearnings would also wane with age, as his body does. Life would be so much simpler
        516 words
  • Page 26 Miscellaneous
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      305 27 CRYPTIC CROSSWORD ACROSS 3 Can in dirty place be sparse 2 Not having enough to pay (6) despite having a mon- 4 Pointed strike weapon? ey-belt? (4-8) (5,10) 8 Novice cut first jump (4) 5 Those Ray confused in is9 Reached a teetotaller, one land resort (8) taking Enid out
      305 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      1831 29 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■^^'Ml 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
      1,831 words
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  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      108 30 More than 250 years of uninterrupted history H^ > > /X SUNDAY CONTEMPORARY RETROGRADE li^^^ 9S 'm a j I^^^^^^ DATE AND DAY PATRIMONY rLT^S*"^ i^^ 0 42.50 mm pink gold case. Caliber SB '^***>'/^!*^^_ 2460R31R7 ffi Poincon de Geneve. Self- I M^^^^.i Tiif^^r a winding mechanical movement. Day and
      108 words