The Business Times, 28 December 2007

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

Microfilm: NL28596
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    27 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Friday, December 28,2007
    27 words
  • Article
    Lock icon BNPP, Jurong point fingers over exotic forex deals
    870 1  -  CONRAD RAJ Jurong's expert says trades clearly unauthorised; BNPP says Wee had authority to deal [SINGAPORE] They were just two exotic foreign exchange transactions entered into by former SembCorp Marine finance head Wee Sing Guan. But, between them, they were responsible for
    870 words
  • MARKETS DIGEST
    • Article
      Lock icon Untitled
      16 1 AST INDEX 3,477.20 (+3.99) AST INDEX FUTURES 3,477 (+4) ASIMSCI 422.14 (+0.01) ASIMSCI FUTURES 423.80 (+0.40)
      16 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.553 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.86 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      43 1 1COMP 1,437.82 +13.80 IIKKEI225 15,564.69 -88.85 1ANG SENG 27,842.93 -285.87 ;et index 852.06 +10.86 JAKARTA COM P 2,739.70 +25.16 1ANILACOMP 3,667.64 +55.01 ;eoulcomp 1,908.62 +1.90 ;henzhen b 711.92 +11.15 IUMBAI IND 20,216.72 +24.20 11AM EDT Change 13,446.75 -104.94 )OW IASDAQ 2,704.49 -19.82
      43 words
    • Article
      Lock icon FOREX
      40 1 IS$ (S$ ier US$) 1.451 (USS/SS per 1.988 2.885 :uroi :us$/s$/e; 1.451 2.105 'EN 114.20 78.70 3.340 2.301 IK$ 7.806 5.378 !AHT 33.81 23.29 lUPIAH 9,420 6,491 1ENMINBI 7.318 5.042 INDIAN RUPEE 39.42 27.16 1.141 0.786 IZ$ 1.300 0.896
      40 words
  • Article, Illustration
    Lock icon Benazir Bhutto killed in gun, bomb attack
    482 1 -Reuters, AP S&P says it may cut rating if it leads to political instability [RAWALPINDI] Pakistani opposition leader Benazir Bhutto was assassinated yesterday in a gun and bomb attack as she left an election rally in the city of Rawalpindi. State media and
    -Reuters, AP; REUTERS  -  482 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      74 1 |lU.HH GAMING PROPERTY COMMENTARY '^S^M^'1 ART I Las Vegas glitters Property sales under the S'pore's GIC as nJjj I*. '^^w^ Sotheby's sales pRgpPII amid the gloom hammer hit high notes 'Man' of the Year? ZJ KMr^lra sur §e 46% to USssb t^-riTJ^S^^i PAGE 13 PAGE 2 PAGE 18 JJ^fOi ffid
      74 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon Property sales under the hammer hit high notes
      903 2  -  KALPANA RASHIWALA Auctions dominated by owners seeking good deals not bank foreclosure [SINGAPORE] The value of properties sold at auctions in 2007 was the highest in aight years and the sec3nd best showing ever. But property consultants reck--3n that this is about
      903 words
    • Article, Illustration
      Lock icon Hard times
      34 2 The Asian Development Bank's chief economist, Ifzal Ali, on why he thinks the external environment facing developing Asia is going to be very, very harsh in 2008. In The Raffles Conversation tomorrow
      34 words
    • Article
      Lock icon Buffett rebuffs advances from distressed financial firms
      471 2  -  Bloomberg Says so far he's seen no deal that would make him salivate [NEW YORK] Billionaire Warren Buffett, the chairman of Berkshire Hathaway Inc, has said that he rebuffed US financial firms that approached him recently about buying stakes in their companies. "We've
      ■ Bloomberg  -  471 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Apple's retail store formula a bell ringer
        93 2 IT was 2 am but in the subterranean retailing mecca in midtown Manhattan, otherwise known as the Apple store, it might as well have been midafternoon. The party inside that store and in 203 other Apple stores around the world is one reason
        93 words
      • Article
        Lock icon US investors make net sales of US$524m on SGX in Q3
        84 2 AMERICAN investors dumped Singapore stocks along with those in other Asian markets in the July-September quarter, according to the latest figures published by the US Treasury. US investors made a net sale of US$524 million in shares listed on
        84 words
      • Article
        Lock icon Top bid for Alexandra site submitted by Wing Tai-UE
        63 2 A RESIDENTIAL site at Alexandra Road saw a bullish six bids and a top bid of $288.4 million or $639 per square foot per plot ratio at the tender's close yesterday. The top bid for the 92,100 sq ft site was
        63 words
      • Article
        Lock icon S'pore law firms upbeat on outlook for next year
        79 2 THE market outlook for next year may be uncertain but the large local law firms are confident that they will continue to do well, saying that their practices are comprehensive enough to weather market volatility. Law firms say the two main
        79 words
      • Article
        Lock icon Khazanah plans to merge Bank Lippo with Niaga
        67 2 KHAZANAH Nasional Bhd, Malaysia's sovereign wealth fund, wants to merge its two banks in Indonesia to comply with antitrust rules, PT Bank Lippo, one of the two lenders, said in a statement. Bank Lippo has submitted Khazanah's plan to Indonesia's central bank
        67 words
      • Article
        Lock icon US$2sb investments for India's chipmaking industry
        50 2 INDIA Inc has responded to the new national policy on semiconductors with investment commitments of over US$25 billion. The federal Department of Information Technology estimates that investments of over US$6 billion are already committed, with a further US$2O billion being discussed. INDIA, PAGE 11
        50 words
      • Article
        Lock icon Chinese industrial firms post 36.7% profit gain in Jan-Nov
        61 2 CHINESE industrial companies' profits rose 36.7 per cent in the first 11 months, outpacing the gain a year earlier and making it harder for the government to tame investment and prevent economic overheating. Combined net income climbed to 2.3 trillion yuan
        61 words
    • Article
      Lock icon Apple's retail store formula rings up the tills
      779 3 ■NYT Its secret may be personal attention paid to customers by salespeople [NEW YORK] It was 2 am but in the subterranean retailing mecca in midtown Manhattan, otherwise known as the Apple store, it might as well have been mid afternoon. Late
      ■NYT  -  779 words
    • Article, Illustration
      Lock icon Tycoon Hilton to give US$2.3b to charity
      286 3 AP Money for Conrad N Hilton Foundation to help alleviate suffering [LOS ANGELES] Hotel magnate Barron Hilton will give US$2.3 billion, the bulk of his fortune, to charity, officials said on Wednesday. Mr Hilton, the 80-year-old grandfather of Paris Hilton, bequeathed the money
      AP; REUTERS  -  286 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      129 2 W L 3' |T Amara Sanctuary Resort Sentosa j It is indeed a time for indulgence this S J New Year at Amara Sanctuary Resort Sentosa. f Treat your palate to sumptuous international V feasts and retreat to luxurious accommodations^^ j for an individual experience. f SUMPTUOUS FESTIVE FEASTS F
      129 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      225 2 people t HR's secret V\rOI"K weapon. www.thepeopleatwork.com Asia-Pacific Executive Search Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. State-Of-The-Art IH^^tcl Luxuries for your dream home I^^H P^^^B^Eh I cz^^_ive the ultirrste lifestyle of Icxcty this nfcfe"'^?JSlll ■-n ~l fli
      225 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      99 3 The Business Times supports SINGAPORE l2uiol Just say yes As we know, Singapore has been short-listed to host the 2010 Youth Olympic Games. The Business Times is rallying the business community to lend their support for the bid, which will pit Singapore against Athens, Bangkok, Moscow and Turin. The results
      99 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      63 3 JEANRICHARD il^vHL'- H The 2TIMEZONES: a proprietary movement MOVEMENT VISIBLE THROUGH SAPPHIRE CRYSTAL '^^^fc^ W i~ J D t INI J/\ IVI I INI Exclusive Distributor and Service Centre Tel: +65 6737 3786 www.fjbenjamin.com Available exclusively at: DICKSON WATCH Paracon Tel: 6737 6451 Suntec City Mall Tel: 6336 4871 SINCERE
      63 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon US investors offload Asian stocks in Q3
      546 4  -  CHUANG PECK MING Net sale of USss24m in shares listed on Singapore Exchange IT MUST have been the sub-prime lending scare. American investors dumped Singapore stocks along with those in other Asian markets in the Ju-ly-September quarter, according to the latest figures published
      546 words
    • Article
      Lock icon A rare opportunity for Temasek
      855 4  -  SIOW LI SEN ON THE same day that Temasek Holdings bought a stake of just under 10 per cent in Merrill Lynch, its 28 per cent-owned DBS Group Holdings said that it would not take up its rights in TMB, Thailand's sixth largest bank. Analysts
      855 words
    • Article
      Lock icon Alexandra Road site draws six bids
      477 5  -  UMA SHANKARI Top bid of $288.4 m made jointly by Wing Tai Holdings, United Engineers A RESIDENTIAL site at Alexandra Road saw a bullish six bids and a top bid of $288.4 million or $639 per square foot per plot ratio (psf ppr) at
      477 words
    • COMPANY BRIEFS
      • Article
        Lock icon CAO completes partial divestment of Xinyuan
        89 5 CHINA Aviation Oil (CAO) has completed the partial divestment of its 80 per cent stake in Xinyuan Petrochemicals by selling 41 per cent to Shenzhen Juzhengyuan Petrochemicals, an existing shareholder of Xinyuan. Since CAO's stake has been reduced to 39 per cent, Xinyuan ceases
        89 words
      • Article
        Lock icon Raffles Education sets up subsidiary
        49 5 RAFFLES Education says it has set up a wholly owned subsidiary called Oriental University City in the Cayman Islands with an issued share capital of US$l. None of the company's directors or substantial shareholders has any direct or indirect interest in the new unit.
        49 words
    • Article
      Lock icon China Food to acquire 75% of PMI from STB Technologies
      486 5  -  VINCENT WEE $18.75 m deal to be funded by issue of 1.17b new shares CHINA Food Industries (CFI), whose shares have been suspended from trading since Dec 29 last year, has entered into an agreement to acquire 75 per cent
      486 words
    • Article
      Lock icon C&O to distribute Jap antibiotic in China
      332 7  -  I TAN SEO YEAN Five-year deal inked with Meiji Seika Kaisha to market Meiact MAINBOARD-LISTED C&O Pharmaceutical Technology (Holdings) has been appointed by Japan's Meiji Seika Kaisha as the China distributor for a new-gener-ation cephalosporin antibiotic known as Meiact. The five-year distributorship beginning
      332 words
    • Article, Illustration
      Lock icon Celebrating a new look and a great year at DBS Bank
      233 7  -  ARTHUR LEE SOME DBS Bank staff celebrated a job well done with a small champagne party yesterday evening. The year saw the bank establishing a fresh new look and feel for all its branches. Frontline staff themselves were treated
      ARTHUR LEE  -  233 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7698 7 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.023/ Star Europe Bond 1.188/ Star Europe Bal 1.221/ Star Asian Tiger Eqty 1.694/ Star Asia Bond 1.261/ Star Asia Balanced 1.07/ Star Global Technology Fund!" 0.239/ Multi St Fd 0.917/ Star Asia Bond(USD) 0.867/ Gib Multi St USD
      7,698 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      2709 4 "Ta^MSr" i«™sffis™^ ™ssbSss.l» id«»£sis&&%u M IfiSHaIJIJJf/fv'BfflwßljßaS 1/1 (ln M?ISSS? tion) Sff&'&J 9"*****111 "N MK«^^% L; N rARY c MEMBrRi^LUNTARv XZ^=r W^jm^YmjJS^aLglW^wjgm^m^t (Co. Reg. No. *****5355Z) 2) PRASIOLITE PTE LTD R IOMoIIBMn LIQUIDATION) LIQUIDATION) Hfl LVafl ■^■■■^fl NOTICE OF RESOLUTION (Co. Registration No. *****8393Z, j^SZ^^Lh, 'Con"»"S™ N°" NOTICE OF RKOLUTiONS AtanExlraonlinaiyGeneralMeetingofthe
      2,709 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      78 5 ZAP BID HIGHEST BIDDER! j^w^ lit i II I fc_ i—ll nMi Congratulations to Ms. Ann Lim (IGXXXXB77C). Proud Owner of a Brand New Love Buddy Seat from Think Gallery. Keep on ZAPPING! You May Be The Next Winning Bidder! Zap_Code ■See MoieHKnow More Get More Llanhe Zaobao Interview with
      78 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      78 5 CUISINE SO REFINED, '^F IT'S TAKEN SIX HUNDRED YEARS TO PERFECT. Inspired by the grand traditions of the Ming Dynasty, /Wf Van Ting brings you the t^^ culinary delights of Emperors. J' W r* Opening 22 December 2007. I jj^^ V VAN TING I To experience the fine flavours I
      78 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Jardine Matheson buy-in helps STI
      578 6  -  R SIVANITHY STOCKS An otherwise weak day for local bourse, after fall in Dow futures and a soft HK session GAINS in Jardine Matheson and Jardine Strategic yesterday propped up the Straits Times Index (STI) in an otherwise weak day for stocks, following a dip
      Bloomberg  -  578 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      99 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 4 4 0 0 0 lanufacturing 51 81 55 10 10 12 61 91 67 Commerce 19 26 20 20 33 23 "pt/Stor/Comms 10 18 12 10 20 13 :inance 10 10 Construction 10 17
      99 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      115 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 9,034 9,034 44,779 44,779 lanufacturing 336,511 34,149 370,660 326,400 5,530 331,931 Commerce 161,258 1,723 162,981 41,432 336 41,768 'pt/Stor/Comms 42,149 216 42,365 106,239 220 106,459 :inance 26,687 26,687 163,078 163,078 Construction 36,187 13,173 49,360 16,872 950 17,823 'roperties 60,588
      115 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      211 6 Jlgreen 0.44 1.480 -0.010 \scendasreit 0.86 2.400 -0.020 lapitaComm 0.49 2.440 +0.050 la pita Land 4.13 6.400 -0.010 :apitaMall 0.95 3.420 +0.010 :hart SemiCond 0.51 0.970 -0.005 jtyDev 2.69 14.160 +0.200 lomfortDelGro 1.23 1.760 losco Corp 1.95 5.970 +0.010 Creative Tech 0.16 6.360 +0.010 IBS Grp
      211 words
    • Article, Illustration
      Lock icon Dollar weakens slightly after US retail data
      441 6 -AFP CURRENCIES [TOKYO] The dollar was slightly weaker in subdued Asian trade yesterday following news of sluggish US retail sales, dealers said. The greenback was quoted at 114.18 yen in Tokyo afternoon trade against 114.29 in New York on late Wednesday. The euro
      -AFP; REUTERS  -  441 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB CATAUST INDEX
      3 6
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      45 6 CLOSE -668.00-183.00 BT OB/OS BT CADI -*****.00 -77.00 BT 10-day MA -*****.00 -67.00 All-SG Equities 961.96 +2.28 SG Equities Elect 101.03 +0.17 SG Equities Fin 2406.77 -12.68 SG Equities Prop 1324.52 +0.19 SIMSCI 422.14 +0.01 SIMSCI Futures 423.80 +0.40 PrimePartnersCI 239.54 -2.96
      45 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME JES 100,622,000 Diqiland 88,318,000 Firstßes MEReCWOBO4OB 37,910,000 Firstßes 27,463,000 JiutianC 27,050,000 KTL Global 26,743,000 Biosensors 26,678,000 Golden Agri 24,402,000 ChinaNTown 24,338,000 Firstßes MBLeCWOBO4OI 18,083,000 VALUE(S) JES 74,765,785 DBS Grp 66,748,200 Capita Land 58,458,310 Golden Agri 50,684,340 Wilmar 40,861,250 HK Land 38,309,984 Sing Tel 35,644,250 OCBC Bk
      56 words
    • Article
      Lock icon RISES
      105 6 CLOSE UP GLD 10US$ 8130 217.6 1.9 JMH 2760 142.2 3.7 JSH 1590 58.0 2.6 Korea 10US$ 557 24.7 3.1 Wilmar 520 23.0 4.6 CoscoCori iDBeCW/*****5 84.5 22.0 35.2 At 1416 20.0 1.4 STI ETF 100 3690 20.0 0.5 SATSvcs 276 18.0 7.0 CoscoCori iBSeCW/***** 96 15.5 19.3 BY
      105 words
    • Article
      Lock icon FALLS
      121 6 CLOSE DOWN Jardine C&C 2102 -52.0 -2.4 China H 10US$ 2101 -27.6 -0.9 Goodi ick 191 -22.0 -10.3 SGX 1334 -18.0 -1.3 ISMSCI India 100 980 -17.4 -1.2 Sitra 35 -9.0 -20.5 ChinaFish 182 -8.0 -4.2 Cifr NCCPS 201 -8.0 -3.8 DBS MER ePW*****8 16 -8.0 -33.3 OCBC Bk
      121 words
    • Article
      Lock icon CURRENCIES
      88 6 Where S$ stands Dec 11 CHNG CLOSE FR Dec 26 YR 2007 S$ LOW S$ HIGH USS 1.4511 0.08 1.5479 1.4363 Euro 2.1032 -0.41 2.1639 1.9913 Pounds 2.8880 -0.40 3.1194 2.9158 AS 1.2693 -0.19 1.3555 1.1741 Yen* 1.2701 0.40 1.3821 1.2285 Rupiah* 0.***** 0.08 0.***** 0.***** Baht* 4.2945 0.14
      88 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      70 7 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 A HEALTHY PORTFOLIO NEEDS A BALANCED DIET jfS\. %s&&'/.',' '''.'"'•%■i-''-'/'*'l^'' 'X^^i^vVjJ'--"*"^^^^4'i^S^^fflSSß. a PersP ectlve on how balancing your porttoho
      70 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article
      Lock icon Local law firms rosy on outlook for 2008
      616 8  -  WEE LI-EN Industry source says biggest costs for law firms are salaries, rent and costs of IT THE market outlook for next year may be uncertain but the large local law firms are confident that they will continue to do well, saying
      616 words
    • Article
      Lock icon HDB launches two new BTO projects in Punggol and Yishun
      310 8  -  UMA SHANKARI Sources say demand is expected to be strong for the flats THE Housing and Development Board (HDB) yesterday launched two new projects Damai Grove at Punggol and Jade Spring Yishun under its Build-To-Order (BTO) system. Some 1,122 new
      310 words
    • Article, Illustration
      Lock icon For sale: Amber Park at $750m
      248 8  -  QUAH CHIN CHIN A FREEHOLD residential redevelopment site on the east coast has been put up for sale for $750 million or $1,234 per square foot per plot ratio. Amber Park, in Amber Gardens, Katong, is on 213,673 sq ft of land and has
      248 words
    • Article
      Lock icon HDB households to receive $138m utility rebates in 2008
      188 8 ELIGIBLE HDB households will receive the second instalment of utilities rebates in January to cushion the impact of the two percentage point hike in the Goods and Services Tax (GST). The first Utilities-Save (U-Save) rebates were given to eligible low and
      188 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      85 8 I TSp A TRIBUTE TO OUR PIONEERS I Q: Which Spore founding father was in a local Hawaiian band at age of 16? rM ml Jvtjl fThey are our founding fathers. Jk Know all of them? M), Learn more about the 10 political pioneers X who made a difference to
      85 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      126 8 ZAP&BIDI O(A)(!I from only $10! ia^x rm LONGINES I a m «Sg!g I", P J f NEW TRENDS r f""tl CDfV •■2OOSJJSS J XI II 1 ■f/.ffiK MEB^'Biid H[t {i Terence: •iKW^3*' L 4.209.4.11.6 ~SIDISIIJtMIRiS3 La Grande Classique de Longines 7^^^ ~i Recommended Retail Price: $1,420 (ind7%GSTj M[^j|. Ladies Classic
      126 words
Page thumbnail Page 9
  • ECONOMY WATCH
    • Article
      Lock icon Credit crisis yet to hit Europe's businesses hard
      592 9 NYT Unlike in the US, industry leaders see limited impact so far in EU credit markets [FRANKFURT] Ralf Friedrichs's business in shipping finance has hit a rough patch. Mr Friedrichs, a managing director at HCI Capital, based in Hamburg, sets up funds
      NYT  -  592 words
    • Article, Illustration
      Lock icon Brand loyalty tested as US consumers rein in spending
      765 9 ■NYT [NEW YORK] As US merchants began poring or weeping over holiday sales receipts on Wednesday, a surprising pattern emerged: Even brands that for years have inspired the undying devotion of shoppers felt the pinch of tightening wallets. Once seemingly invincible,
      ■NYT; REUTERS  -  765 words
    • Article
      Lock icon Greenback to rebound in 2008: strategists
      253 9 Bloomberg HONG KONG] The US iollar is poised to end a ;wo-year slide against the 3uro next year as government-backed funds n Asia and the Middle East purchase US assets, currency strategists say. The currency will gain 3.4 per cent to US$l.4O 3er euro,
      – Bloomberg  -  253 words
    • Article
      Lock icon Indonesia 2007 budget deficit lower than forecast
      485 9 Reuters [JAKARTA] Indonesia's current budget deficit was smaller than expected despite high oil subsidies arising from soaring global oil prices, the mines and energy minister said yesterday. "The budget deficit is smaller than expected," said Purnomo Yusgiantoro, without providing further details. Finance Minister
      Reuters  -  485 words
    • Article
      Lock icon S Korea to ease rules on insurers to help them compete
      226 9 Bloomberg [SEOUL] South Korea plans to ease regulations on insurance firms, raising the limit on holdings in companies they plan to acquire and allowing them to provide a wider range of services as it pushes ahead with financial reforms.
      Bloomberg  -  226 words
  • Page 9 Advertisements
Page thumbnail Page 10
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Khazanah to merge Lippo with Niaga
      573 10 Bloomberg Move will comply with rules restricting control of more than one financial firm [KUALA LUMPUR] Khazanah Nasional Bhd, Malaysia's sovereign wealth fund, wants to merge its two banks in Indonesia to comply with antitrust rules, PT Bank Lippo, one of the two lenders,
      Bloomberg  -  573 words
    • Article, Illustration
      Lock icon Uncertainties pose challenges for M'sian economy ahead
      1104 10  -  > PAULINE NG Stock market could hold more upside after highs this year in Kuala Lumpur IF markets like certainty, 2008 with all its global and domestic uncertainties looks set to prove more challenging for Malaysia than recent years past. Depending on one's
      1,104 words
    • Article
      Lock icon BURSA MALAYSIA
      2280 10 lee 27 RM COOO) \&M Realty 0.87 s,bricBhd 0.27 \dvance Synergy 0.21 s,dventa Bhd 1.39 \eMulti Hldgs 0.27 Win Holdings 2.55 \hmad Zaki Resou 3.20 5,icCorp 0.77 5,irasia Bhd 1.62 \kn Technology 0.62 Alliance Financi 3.08 \luminium Co 1.18 \malgamated Ind 0.49 \minvestment Grp ....unch (mmb Hldgs Bhd
      2,280 words
    • Article
      Lock icon Pertamina wins bid to sell subsidised fuel next year
      280 10 Bloomberg [JAKARTA] Indonesia appointed PT Pertamina, the state oil company, to sell 95 per cent of the fuel used in South-east Asia's biggest economy for a third year as rival retailers failed to expand beyond the main island of Java. Pertamina
      Bloomberg  -  280 words
    • Article
      Lock icon Carrefour Indonesia expects Alfa deal soon
      171 10 Bloomberg [JAKARTA] Carrefour SA's Indonesian unit says it expects to complete talks to buy up to 75 per cent of local retailer PT Alfa Retailindo in the "coming weeks". Carrefour, Europe's biggest retailer, plans to buy the stake from PT Sigmantara Alfindo and Singapore's
      Bloomberg  -  171 words
    • Article
      Lock icon M'sian car maker keen on Proton's Lotus stake
      156 10 Reuters [KUALA LUMPUR] A Malaysian car-maker has approached the country's biggest auto firm, Proton Holdings Bhd, to buy Proton's controlling stake in British sports-car subsidiary, Lotus, the Malaysian Reserve said yesterday. Proton bought 63.75 per cent of Lotus in 1996 for £40.64
      Reuters  -  156 words
Page thumbnail Page 11
  • INDIA
    • Article
      Lock icon USs2sb investments for India's chipmaking industry
      415 11  -  SIDDHARTH SRIVASTAVA New Delhi aims to follow example of China, whose favourable policies have attracted big int'l players in New Delhi INDIA Inc has responded to the new national policy on semiconductors with investment commitments of over US$25 billion. The federal Department of Information
      415 words
    • Article, Illustration
      Lock icon Some tourists shunning Goa, fearing protests: officia, hotelier
      406 11 AFP SEZ protesters set today as deadline for visitors to leave [PANAJI, India] Tourists are cancelling holidays to the Indian beach resort of Goa over fears of violent protests against government plans to build more industrial parks here, an official and a
      AFP |; BLOOMBERG  -  406 words
    • Article
      Lock icon Daimler to invest in JV with Hero: report
      233 11 Reuters [MUMBAI] Germany's Daimler AG will invest about 16.5 billion rupees (Ss6o9 million) and take 60 per cent in a commercial vehicle joint venture (JV) with India's Hero Group, the Economic Times said yesterday in an unsourced report. "These figures were communicated
      Reuters  -  233 words
    • Article
      Lock icon A letter writer in Mumbai telephones his daughter
      843 11 NYT [MUMBAI] G P Sawant never charged the prostitutes for his letter writing services. Not long after the women would descend on this swarming, chaotic city, they would find him at his stall near the post office, this letter writer for the
      NYT  -  843 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      1741 11 1^ ij lnlnr^^^^^^s I I FALCON ENERGY GROUP LIMITED (Registration No. *****3817G) (Incorporated in the Republic of Singapore) NOTICE OF THE FOURTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of the Company will be held at 10 Anson Road, #14-19 International Plaza, Singapore *****3
      1,741 words
Page thumbnail Page 12
  • GREATER CHINA
    • Article
      Lock icon Industrial companies post 36.7% profit gain in Jan-Nov
      541 12 Bloomberg Higher sales make it tougher for govt to curb investment and avoid overheating [BEIJING] Chinese industrial companies' profits rose 36.7 per cent in the first 11 months, outpacing the gain a year earlier and making it harder for the government to
      ■ Bloomberg  -  541 words
    • Article
      Lock icon Dog owner takes on China's Internet censors
      337 12 [BEIJING] Outraged that his Internet posting about dogs had been banned, Chen Yuhua wrote to the mayor of Beijing. No answer. He wrote to the city council. Still no answer. When all else failed, he consulted a lawyer, studied China's civil code and
      337 words
    • Article, Illustration
      Lock icon Fukuda on 3-day official visit to China
      441 12  -  ANTHONY ROWLEY JAPAN'S Prime Minister Yasuo Fukuda arrived in China yesterday on a three-day official visit. He will have talks with President Hu Jintao and Prime Minister Wen Jiabao, and make a national-ly-televised speech at Beijing University aimed at fostering better "people-to-people" relations
      AFP  -  441 words
    • Article, Illustration
      Lock icon Chinese toymakers vilify Obama
      682 12 -LAT [BEIJING] At the Hongqiao toy market, the name "Barack Obama" does not roll easily off the tongue and few people know who he is. But when they hear what he said, they have choice words for him, some of them unprintable. The Illinois senator suggested
      -LAT; AFP  -  682 words
    • Article
      Lock icon Taiwan to form new stock market
      176 12 Bloomberg [TAIPEI] Taiwan plans to create a new stock market next year to attract overseas companies, the island's top financial regulator said. The new board would have lower requirements than the island's main bourse and target startups abroad, Hu Sheng-cheng, chairman of the Financial
      Bloomberg  -  176 words
    • Article
      Lock icon China stock markets raise 830b yuan in '07
      360 12 AFP [BEIJING] China's Shanghai and Shenzhen stock markets have raised 830.6 billion yuan (*****.1 billion) this year largely on an investment mania over initial public offerings (IPOs), state media said on Wednesday. The total amount, which was only for the year up
      AFP  -  360 words
    • Article
      Lock icon Chinese student leaves school after winning lottery
      247 12 Reuters [BEIJING] A college student withdrew from school after winning the five million yuan (S$988,180) jackpot in a lottery in China's eastern city of Nanjing, local media reported yesterday. The second-year student at the Jiangsu Maritime Institute, identified by the nickname Yong to
      ■ Reuters  -  247 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • FOCUS: GAMING
    • Article, Illustration
      Lock icon Las Vegas glitters amid gloom
      1190 13  -  NYT The jittery economy hits some US casinos but not those on the Strip where gambling revenues are headed for a record year THE sparkling gambling palaces that line the Las Vegas Strip are intended to disconnect visitors from the realities of ordinary life. But
      NYT; FILE PHOTO  -  1,190 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      435 13 How do you count from 10 to 2008? After an evening of lively jazz by Thomson Swing Band, percussion group Wicked Aura Batucada and a DJ spin table, it was time for the countdown to 2008. It would be a moment to remember, with a breathtaking balloon drop, confetti and
      435 words
Page thumbnail Page 14
  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Sotheby's sales rise 46% to US$5.33b
      759 14 Gains come as collectors bid up prices for contemporary art [LONDON] Sotheby's, the world's second-largest auction house, sold about 46 per cent more art this year as US, Russian and Asian collectors bid up prices for contemporary artists such as Francis Bacon and Jeff
      AFP  -  759 words
    • Article
      Lock icon Consumer confidence rises slightly in Dec
      475 14 AP LATEST US DATA [NEW YORK] American consumers grew slightly more confident in December despite underlying concerns about the health of the US economy. The New York-based Conference Board said yesterday that its Consumer Confidence Index advanced to 88.6 in December from a revised
      AP  -  475 words
    • Article
      Lock icon Thai army to watch politics from a distance: minister
      446 14 AFP, AP [BANGKOK] Thailand's defence minister said yesterday that the military would not interfere with the formation of a government allied with the ousted premier, but refused to rule out another coup in 2008. "Political problems must be solved by politics
      AFP, AP  -  446 words
    • Article
      Lock icon Foreign finance expert joins Korean president transition team
      205 14 [SEOUL] A foreigner has been picked to join a presidential transition team for the first time in South Korea, aides to future leader Lee Myung Bak said yesterday. Mr Lee picked British financial expert David Eldon as well as former finance minister
      205 words
    • Article
      Lock icon US appeals court hands Google patent case setback
      286 14 Reuters Part of summary judgment in its favour tossed out [WASHINGTON] A federal appeals court handed Google Inc a setback in a patent fight on Wednesday, tossing out part of a summary judgment in the Web search engine's favour in a lawsuit
      Reuters  -  286 words
    • Article
      Lock icon Westfield scraps As700m of sales on sub-prime fallout
      307 14 Bloomberg [LONDON] Westfield Group, the world's biggest shopping centre owner, scrapped plans to sell As7oo million (*****.6 million) of properties in the UK and New Zealand amid the fallout from the US sub-prime market. Westfield will not sell the remaining third of
      Bloomberg  -  307 words
    • Article
      Lock icon Citigroup, Merrill, JPMorgan to face larger Q4 write-offs
      452 14 Reuters Citigroup may slash dividend by 40% to preserve capital [NEW YORK] Citigroup Inc, Merrill Lynch Co and JPMorgan Chase Co may face larger fourth-quarter debt write-offs than previously expected, and Citigroup may have to slash its dividend 40 per cent to
      ■ Reuters  -  452 words
Page thumbnail Page 15
  • WORLD
    • Article, Illustration
      Lock icon Canada won't set up sovereign wealth fund
      330 15 Bloomberg Best to let markets determine value of dollar: minister [OTTAWA] Canada doesn't plan to join Norway and other nations that have created sovereign wealth funds to invest rising oil and natural gas revenue in foreign currencies, Finance Minister Jim Flaherty said. "We
      – Bloomberg; BLOOMBERG  -  330 words
    • Article
      Lock icon US court hands victory to govt in tax shelter case
      573 15 NYT Deductions claimed for 'Son of Boss' tax-avoidance scheme invalid [NEW YORK] A civil court has ruled that a popular tax-avoidance scheme known as Son of Boss was abusive and any deductions claimed for it were invalid, an important victory
      NYT  -  573 words
    • Article
      Lock icon Blogging's not for all small businesses
      566 15 -NYT [NEW YORK] To its true believers at small businesses, it is a low-cost, high-return tool that can handle marketing and public relations, raise the company profile and build the brand. That tool is blogging, though small businesses with blogs are still a distinct
      -NYT  -  566 words
    • Article, Illustration
      Lock icon lowa's kingmakers prepare to kick off presidential race
      707 15 AFP Lan 3 caucuses in ural state can make )r break campaigns [DES MOINES, lowa] Every four years, the world's eyes turn to lowa, a rural state that can shatter or boost the White House dreams of politicians as it kicks off
      AFP; REUTERS  -  707 words
    • Article
      Lock icon US travellers may stay closer to home in '08
      326 15 AP [NEW YORK] For American travellers, 2007 was marked by high petrol prices, new passport rules, record lows for the dollar, and record-high air travel. In 2008, experts say, they may take shorter trips or choose destinations closer to home where
      AP  -  326 words
Page thumbnail Page 16
  • AVIATION
    • Article, Illustration
      Lock icon Emirates rides Middle East travel boom
      561 16 -AP Unprecedented rate of growth could make it world's top airline within decade [DUBAI] Emirates Airline recently ordered a jawdropping 245 new widebody planes, but the company's president shuns suggestions that he wants to create the world's biggest airline. "I'm not bothered personally if
      -AP; AP  -  561 words
    • Article
      Lock icon Chinese mainland, HK to liberalise aviation markets
      257 16 ■AFP [HONG KONG] Hong Kong said yesterday it and China will further liberalise their aviation markets by allowing increased frequencies between both sides and easing restrictions on passenger and cargo flights. The General Administration of Civil Aviation of China and Hong Kong's Transport
      ■AFP  -  257 words
    • Article, Illustration
      Lock icon Govt should sell Alitalia to Air France: think tank
      323 16 Reuters [ROME] An Italian think tank called on politicians on Wednesday to release their grip on flag carrier Alitalia and sell the airline to foreign bidder Air France-KLM. Prime Minister Romano Prodi's cabinet will discuss today what to do with the
      – Reuters; AFP  -  323 words
    • Article
      Lock icon Chinese airlines owe airports 1.4b yuan in fees
      240 16 Bloomberg [SHANGHAI] The China Civil Airports Association said China Southern Airlines Co, the nation's largest carrier, and 18 other airlines aren't paying their airport usage fees on time, in an affort to bolster their cash flow. The airlines owe a combined 1.4
      Bloomberg  -  240 words
    • Article
      Lock icon SIA to add flights to Zurich
      139 16 [SINGAPORE] Singapore Airlines (SIA) will increase the frequency of flights between Singapore and Zurich from March 2008. The current daily frequency will be stepped up to 10 flights a week from March 4, then twice daily from March 31, giving customers greater choice and
      139 words
    • Article
      Lock icon Air NZ faces EU probe into cargo cartel
      188 16 AP [WELLINGTON] Air New Zealand said yesterday it is one of 25 airlines that have received a Statement of Objection from the European Union over a probe into an alleged cargo cartel. The EU has asked the airline to respond by March
      AP  -  188 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2443 16 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,443 words
Page thumbnail Page 17
  • SHIPPING
    • Article
      Lock icon Port rapped for 'pressuring' ship master to reload dangerous goods
      838 17  -  SELVA KUMAR ADMIRALTY CASEBOOK THE Port of Brisbane Corporation was taken to task last month for insisting that the master of a bulk carrier reload and remove from the port a cargo of dangerous goods which had been unloaded from
      838 words
    • Article, Illustration
      Lock icon Daewoo wins record US$2.1b order
      567 17 Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest yard, received a record 2 trillion won (US$2.l billion) order to build an offshore oil platform as rising crude prices spur refiners to expand. The floating production and storage platform will be delivered to
      Bloomberg; BLOOMBERG  -  567 words
    • Article
      Lock icon Indonesia calls for ships to stay in port amid storm fears
      368 17 Bernama [JAKARTA] Indonesia has renewed calls for ships and boats not to set sail in the next few days following warnings of extreme weather and high waves from the Meteorology and Geophysics Agency (BMG), local press said yesterday. The
      – Bernama  -  368 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp Labroy Marine MTQ Corp HOC Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.80 0.39 5.97 1.14
        112 words
      • Article
        Lock icon KLSE
        36 17 '000 Int'G Logistics MISCBhS MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brief PDZ Holdings 1.16 9.80 9.90 4.44 2.98 0.25 0.20 -0.03 unch 0.15 0.02 0.06 unch 0.01 10( 9! 56' 30! 8: 3!
        36 words
      • Article
        Lock icon BANGKOK
        7 17 '00 ■recious Ship .28.50 0.75 1221
        7 words
      • Article
        Lock icon HONGKONG
        8 17 '000 toil .57.60 ...3.15 3.00 -0.07 91'
        8 words
      • Article
        Lock icon PHILIPPINES
        21 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.90 44.50 2.18 unch 0.10 0.50 -0.02 unch 2' 47: 101
        21 words
      • Article
        Lock icon TAIPEI
        16 17 Evergreen Marine ...27.90 :irst Steamship 69.00 /Van Hai Lines 29.15 0.80 1.00 1.15 2; 1*
        16 words
      • Article
        Lock icon TOKYO
        42 17 '000 )ec 'en Kawasaki Hvy Ind ..343.00 3.00 ***** Kawasaki Kisen ....1126.00 -34.00 3914 Mitsubishi Hvy 495.00 -3.00 ***** Mitsui Eng&Sbldg...447.00 -1.00 6352 Mitsui Osk Lines ...1452.00 -36.00 5118 Nippon Express 584.00 -4.00 1557 Nippon Yusen 895.00 -20.00 3997 Source: Reuters
        42 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      427 17 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA i TRADE FACILITATION AGREEMENT Sjf i IVE I Joining NOTICETOTRADE ©lJ 1 V 4 li S E Vj I forces? BUNKER ADJUSTMENT FACTOR (BAF) Ls_Ej^___Xli^ Arising from the regular review of bunker prices, the following Lines in the I BI[• 7 JOIN THE
      427 words
Page thumbnail Page 18
  • EDITORIAL & OPINION
    • Article
      Lock icon Asia all set to decouple further in 2008
      467 18 AT a personal level, many involved in the financial market universe will no doubt have suffered from the credit market crunch whose after-shocks have reverberated throughout the world's financial capitals since August. Bonuses paid for 2007's efforts have by several accounts been
      467 words
    • Article, Illustration
      Lock icon Why not S'pore's GIC for 'Man' of the Year?
      1338 18  - Why not S'pore's GIC for 'Man of the Year? LEON HADAR Billion-dollar ÜBS deal a sign that the balance of economic power is shifting from the US THERE was a time many years ago -when Time magazine was considered to be an American and international "institution". That explained why the
      AFP  -  1,338 words
    • Article, Illustration
      Lock icon What the US and China must do – to save the planet
      773 18  - What the US and China must do to save the planet FRANK CHING THE BOTTOM LINE THE 187 countries meeting to discuss climate change in Indonesia narrowly averted a total breakdown earlier this month by agreeing to set 2009 as a deadline for a new treaty to limit greenhouse gas
      773 words
    • Article, Illustration
      Lock icon Support for free trade is fraying
      852 19 ROBERT SAMUELSON The Wash ington Post Writers Group Many countries are adopting nationalistic policies intended to advance their own economic and political interests HERE'S today quiz. What do the following have in common: (a) Vladimir Putin; (b) China's currency, the yuan; (c) the US-Peru
      The Wash ington Post Writers Group; AFP  -  852 words
    • Article, Illustration
      Lock icon Get set for big Al's predictions
      934 19  -  MATTHEW LYNN SHORTLY before the 1929 stockmarket crash that ushered in a global recession, US economist Irving Fisher made a rightly celebrated forecast: "Stock prices have reached what looks like a permanently high plateau." That should be enough to warn anyone off making predictions,
      934 words
    • Article
      Lock icon US heads towards post-bubble recession
      483 19  -  STEPHEN S ROACH THE American economy is slipping into its second postbubble recession in seven years. Just as the bursting of the dotcom bubble led to a downturn in 2001 and 2002, the simultaneous popping of the housing and credit bubbles is doing the same
      483 words
Page thumbnail Page 19
Page thumbnail Page 20
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7001 20 Transaction date: Dec 27 Hi, Low Code Coi Sale C000) Hi. Low B i Seller C'vr P/E Sinii Hi. Low Code Comi Sale C000) Hi, Low Bi Seller C'vr P/E Sinii 5716 1st Software 22 8 3148 STelecom i i- i 104 98 6389 ABF SG Bond ETF
      7,001 words
    • Article
      Lock icon SGX XTRANET
      71 20 52-Wk Tel High Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** *****
      71 words
    • Article
      Lock icon SGX CATALIST
      2079 20 Hii |h Low Code Com| >air Sale COOP) Hii Low Bit rer Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 415 205 5000 s ABR Hldgs 31 215 8538 s APStrategic 16.5 2.5 1501 s Advanced System 70.5 15 1524 s Alantac 22.5 8.5 7814 s Albedo
      2,079 words
    • Article
      Lock icon CLOB INTERNATIONAL
      199 20 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      199 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      78 20 X PHOENIX miWs[m7!isfSh\ IVnl^^^ J id m icia I^SkXUA^KSMaiJI^AiJ Australia I inn Canada iw I E^E^l China Make an affordable call ft 1^ Itt 111 i i AJA I^. France L^L^>i^^m l^*^ Bi Germany g\. -<CN Hong Kong V?J9PfPVRFVT»i»wff9PIJf!rfIV!VVIfrc9ITrfI^ C\ /^v I ltalv 7S HL^ xx^^ x^Ti Ma|aysia dT\ I
      78 words
Page thumbnail Page 21
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 21 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 26 World Index Preliminary 1141.6 -0.1 3.7 0.1 1.7 0.2 7.! EAFE Preliminary 1124.3 0.2 1.5 0.6 2.1 0.6 7.' Euro[ Preliminary 1542.0 0.0 3.2 0.5 4.1 0.6 10.1 Pacific 970.9
      364 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      126 21 As at 9am Dec 27 )i foreign currency: lurrencies Bid Offer ujst dollar 1.2620 1.2770 .an dollar 1.4700 1.4880 luro 2.0890 2.1130 IZ dollar 1.1070 1.1300 jterlin mnd 2.8660 2.8980 JS dollar 1.4440 1.4600 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi
      126 words
    • Article
      Lock icon INTERBANK RATES
      163 21 Dec 27 $S_ Offer Overnight 5/8 1 -month 2 1 14 2-months 2 3/8 3-months 2 1/2 Overnight mode: 5/8 US$ Offer 1/2 2 1/8 2 1/4 2 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.05 4.95 5.00
      163 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 21 Dec27 ten Hii ih_ Sett STI SIMSCI Dec 423.6 425 423.8 Taiwan Dec 322.6 330.6 328.6 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      20 21 Dec 27 Fer 1-month 1.4469 1.4481 2-months 1.4441 1.4454 3-months 1.4419 1.4432 6-months 1.4352 1.4366 Source: OCBC
      20 words
    • Article
      Lock icon SICOM FUTURES
      271 21 Dec 27 KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jan 08 FebO8 Mar 08 Apr/Jun 08 Jul/Sep 08 Oct/Dec 08 377.50 380.50 383.75 390.75 393.25 393.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      271 words
    • Article
      Lock icon CHICAGO BOT
      103 21 Dec 26\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 08 1220.75 1181.00 1226.50 1191.00 MarO8 1239.50 1199.25 1245.50 1209.00 May 08 1256.25 1215.50 1261.50 1225.00 Jul 08 1263.75 1223.00 1269.00 1234.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 49.06 47.46 49.10 48.25
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 21 CRUDE OIL PRODUCTS Dec 26 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 94.2 2.21 WTI (Near Mth) 95.87 2.55 Dubai (1-Mth F) 87.55 0.79 Tapis blend 97.9 1.1 Minas 96.25 1.1 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 93.90 107.25 unch unch US$/barrel Opec Oil
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 21 Dec 27 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: Australia 0.859 6.412 0.604 6.839 34.540 82.538 1.001 8.242 2.926 1.139 53.842 36.389 1.272 6.073 1.007 28.503 29.620 0.441 0.876 Canada 1.164 7.462 0.703
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 21 Dec 27 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****A 27.03.08 1-Year BY*****A 29.09.08 1.94 1.97 1.88 1.88 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      89 words
    • Article
      Lock icon PRECIOUS METALS
      139 21 Dec 27 GOLD (USS/oz) Dec 24 Dec 27 Hong Kong London 809.30 822.00 810.30 823.00 Dec 21 Dec 24 810.80 812.30 811.50 813.10 Source: Reuters CAST BAR (S$) Dec 27 Buying Sellini Kilobar "41,184.30" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      139 words
    • Article
      Lock icon SIBOR
      76 21 Dec 27 1 mth 4.***** 2.***** 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
      76 words
    • Article
      Lock icon PALM OIL
      61 21 Dec 27 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Jan 08 3121 3081 3140 3075 424 3624 Feb OS 3130 3088 3149 3079 2283 ***** MarO8 3132 3097 3150 3079 7410 ***** Apr 08 3128 3084 3144 3079 829 3230 Total
      61 words
    • Article
      Lock icon LONDON METALS
      74 21 uec n a i t\t\ -in/ irii iiuiii, yy.i (US$/tonne) Close Previous Cash 2362.00 2359.00 3 months 2410.00 2406.00 Copper, Grade A (US$/tonne) Cash 3 months 6766.00 6795.00 6491.50 6530.00 Lead (US$/tonne) Cash 2664.00 3 months 2650.00 2602.50 2605.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00
      74 words
    • Article
      Lock icon LIFFE
      77 21 Dec 24 COCOA (£/tonne) Close Prev Hii ih/Low Mar 08 1051 1070 1068/1049 May 08 1069 1088 1077/1067 JulO8 1096 1115 1106/1097 SepO8 1079 1098 1080/1080 COFFEE (US$/tonne) Close Pev High/Low Jan 08 1866 1854 1867/1860 Mar 08 1907 1893 1908/1893 May 08 1929 1914 1930/1913 JulO8 1943 1928
      77 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      158 21 Dec 27 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2709 1.2724 0.8760 0.8764 Canadian dollar 1.4789 1.4808 1.0194 1.0200 Euro 2.1045 2.1064 1.4506 1.4509 NZ dollar 1.1155 1.1170 0.7689 0.7694 jterlim ind 2.8832 2.8859 1.9873 1.9878
      158 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      353 21 Dec 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 95.650 96.100 96.325 96.405 0 0 0 0 ***** ***** 7018 2617 EUROYEN FUTURES MarO8 99.265 99.265 JunO8 99.285 99.285 SepO8 99.245 99.245 DecO8 99.175 99.185 MarO9 99.090 99.125 JunO9 99.055B SepO9 DecO9
      353 words
    • Article
      Lock icon BONDS & WARRANTS
      1861 21 BONDS WARRANTS rel lode Company Prem Expiry el Last Vol Conv Exer Disc Gear- Mths lode Company Sale +or- ('000) Ratio Price ing Left 3774FirstResources MBL ECW*****1 20.5 3708FirstResources MER ECW*****8....12 2.5 ***** 0.5 ***** 1 140 0.5 130 4 4 1601 STI 3500 BNP EPW*****8 16 -0.5 5167 2491
      1,861 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      2948 22 m The Business Times Shipping Times m Ww9k il <h7illillitidli>fi tyi:?U:iiiiiilltlf> tf^llll m\ wanhaiinternationalpteltd crn0 i**********/r EQKj^nn BiiilliliillfifrirrritfallT'lV'if'ffi^iiHM V— —"V TEL *****588 iulines) fax:*****163 1 V.^"J-T l l|r a 7-Vl|H m^S&SHSS^KSSfffSM WBLmlMmfffltißEiiM \\MN\AIAM II AI INF\ Calomel Servi<e/Bookin 9 s Dit e <l Line (1800) *****200 n»y|»^«»m^^^%»|^W^« Wijjn IBmflX'2l'EnTl't''7T'tOlll V
      2,948 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      2923 23 b? *NijL3^ L^fl Imic il aa i HiKiN lak ljj>ij,k, liv flip £jL£j Q\SYj W -Bj II .J^Sfe* V" Ily*■ 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS /^ZsSbMC^vla JlrSwWSf^ [s^s/WMf l^j l|mmjJ(JJ^^J M VOY Rgmp(KT) L»ling(KT) SIN PKL PNN JKT LCB MNL ~^i*Zl£^^ V^^m i y^f^"—— "^jltnPi r^^BtoJH
      2,923 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      3001 24 FSH PI llgg ANDERSEN wt™S£22Z I[» GL°«* NAVIGATION GROUpI ■|^^|B I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 f&&^\ jUiiiWUlfl NORTH WcoT cXPRcob LINE owns operates the youngest fleet pHH MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [iaTEX a« aHIvaI [MTEX W IH I VESSEL I VOY
      3,001 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      3356 25 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,356 words
Page thumbnail Page 26
  • CINEMA/ARTS
    • Article, Illustration
      Lock icon A magical mystery tour of the turbulent '60s
      566 26  -  Across the Universe captures the mood of an era, with not a little help from the Beatles, says GEOFFREY EU NY movie featuring the music of the Beatles has an obvious edge over more run-of-the-mill soundtrack material but in Across the Universe,
      566 words
    • Article, Illustration
      Lock icon Just a swashbuckling spectacle
      366 26  -  PARVATHI NAYAR SEQUELS to successful films suffer from inevitable comparisons, and none more so than Elizabeth: The Golden Age. Director Shekhar Kapur's second instalment takes up the story some three decades after the 25-year-old staked her claim for power as queen in 1558 and nine years
      366 words
    • Article, Illustration
      Lock icon Beauty World gets a complete rewrite
      533 26  -  TAN SEO YEAN BEAUTY World may be 20 years old, but the old gal is reinventing herself with a cast and story that's been "new-improved" to appeal to a whole new generation. And who better than the likes of Project Superstar II winner Daren
      533 words
    • Article, Illustration
      Lock icon Blueberry pie is less than sum of parts
      297 26  -  CHRISTOPHER LIM SOME movies have everything going for them. Wong Kar Wai's English debut, My Blueberry Nights, would appear to be one of these movies. A cast boasting Natalie Portman, Jude Law and Norah Jones already sounds encouraging enough, but throw in
      297 words
    • Article, Illustration
      Lock icon Props steal the show
      451 26  -  CHEAH UI-HOON PERHAPS it was the season? Or perhaps because one of the popular films now showing is Disney's Enchanted? Whatever it was, it wasn't difficult to get swept away by the fairytale element of Swan Lake. The Singapore Dance Theatre's production last week stuck to
      451 words
Page thumbnail Page 27
  • CLIPPER ROUND THE WORLD RACE
    • Article, Illustration
      Lock icon Hoping fora dream, winning home run
      1093 27  -  A combination of factors works against such a wishful scenario, however, says VINCENT WEE LEG four of the Clipper 07/08 Round the World Yacht Race is probably one of the most highly anticipated ones for the crew of the Uniquely Singapore Clipper. This is
      ONEDITION  -  1,093 words
    • Article, Illustration
      Lock icon It'll be Daring Diana back from the sea
      663 27  -  VINCENT WEE THE desire to conquer fear was largely why Keppel Corp communications executive Diana Chan signed up as a Keppel ambassador and took part in leg four of the race. She recalls a pivotal point two years ago when on a
      663 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      100 27 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by n^'i'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
      100 words
Page thumbnail Page 28
  • COVER/MUSIC
    • Article, Illustration
      Lock icon The year Bordeaux became a luxury
      1096 28  -  In 2007, prices of top Burgundy and Bordeaux wines shot through the roof, but value choices still exist, says NX YONG F 2006 is remembered as the year that the Bordeaux Firsts branded themselves as luxury goods, joining the class of Louis Vuitton, Chanel,
      AFP  -  1,096 words
    • Article, Illustration
      Lock icon Four musicians mix and match for Christmas
      532 28  -  CHRISTOPHER LIM SWAPPING partners may be taboo in marriage, but on stage it sure makes for great music. Jeremy Monteiro, Tuck Patti and Paul Ponnudorai experimented with a plethora of musical positions in the the fifth annuals Jazz Christmas concert last Saturday, giving
      532 words
    • Article, Illustration
      Lock icon Comebacks for the year-end party
      558 28  -  BEN MUNROE CD REVIEW X Kylie Minogue EMI C+ Alive 2007 Daft Punk Virgin A IT'S been a year of comebacks both welcome and dubious: witness Led Zeppelin (rock 'n' roll!); Radiohead (how much did you pay?); the Eagles (where did they go anyway?); Spice
      558 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      358 28 CRYPTIC CROSSWORD ACROSS be so noticed (8) HH Hi 5 Couples in British competi- __HB_Hh]_Hß__H^^^MH__HH'_HH__ 9 Officer and monarch in mm mm^ mm^ H^ HH HH holed vessel (8) H HH Hi 10 Learner is brought into part 12 F I I I of hospital as recruit (6) 12 Ignore
      358 words
Page thumbnail Page 29
  • COVER
    • Article, Illustration
      Lock icon The cream of this year's cinematic crop
      912 29 GEOFFREY EU picks his top 10 movies of the year N KEEPING with the positive economic mood over the past year, it was a pretty upbeat year for the movies in 2007, and the cream of the cinematic crop this year includes films
      912 words
    • Article, Illustration
      Lock icon When retro rules the music world
      835 29  -  CHRISTOPHER LIM THE ongoing digital revolution has pressured the global music industry into some interesting directions. Middle-of-the-road pop naturally remains a mainstay, but the year has had a distinctive retro flavour. A whole bunch of vintage acts swung by our island to perform. Black
      AP  -  835 words
Page thumbnail Page 30
  • lifestyle
    • Article, Illustration
      Lock icon A year of anniversaries
      1529 30  -  PARVATHI NAYAR applauds the sheer volume of high quality and well-received arts events on offer throughout the past year T HAS been a good year for the arts in Singapore, if only judging by the sheer volume of artistic events and the variety of activities on
      1,529 words
  • Page 30 Miscellaneous