The Business Times, 12 January 2008

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Microfilm: NL28804
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Weekend SINGAPORE 85 cents aJf* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 January 12-13,2008 online at http://business-times.asial.com.sg
    22 words
  • Article, Illustration
    Lock icon S'pore studio finds Stardust in Tinseltown
    1128 1  -  MICHELLE QUAH With big breaks in Hollywood, Imaginary Friends Studios is looking to raise US$lO-20m to fund a slate of anime and movie projects By [SINGAPORE] Not everyone can boast that John Woo wanted to direct their movie; least of all, a novice film-maker
    PHOTOS: IFS, RADICAL  -  1,128 words
  • Article
    Lock icon Merrill in hunt for more capital as losses set to hit US$15b
    500 1 -NYT It's wooing investors in US, Asia, Mid-East to shore up finances [NEW YORK] Merrill Lynch is expected to suffer US$l5 billion in losses stemming from soured mortgage investments, almost double its original estimate, prompting the firm to
    -NYT  -  500 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      39 1 RAFFLES pSlflflj MOTORING fBIPPHI FOOD I^^^H 4 CONVERSATION 0? 74% The Chery »^V Cafe-style dining at kk I Google on changing f^ 1 picker W'*J M down-to-earth prices P^ the world PAGE 3 kvk^^^ji PAGE 15 i PAGE 20
      39 words
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  • TOP STORIES
    • Article
      Lock icon Retirement means death, says MM Lee
      694 2  -  ANNA TEO Minister's silver advice: keep working, keep fit, stay connected and stimulated By [SINGAPORE] Minister Mentor Lee Kuan Yew has a message for Singaporeans hitting their 60s: Don't retire. "Retirement means death," he told the Silver Industry Conference yesterday at Suntec City, where
      694 words
    • Article, Illustration
      Lock icon Gadgets that make life for the elderly easy
      635 2  -  CHEW XIANG By [SINGAPORE] The twee, the geeky and the merely practical hundreds of gadgets designed for elderly people are up for show and sale at the first Silver Industry Conference and Exhibition (Sicex), which opens to the public from today. The
      JOHN HENG  -  635 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        43 2 1 COMP 1,516.22 +24.56 IIKKEI 225 14,110.79 -277.32 IANG SENG 26,867.01 -363.85 ;et INDEX 796.47 -3.71 JAKARTA COMP Closed 1ANILA COMP 3,503.70 +49.10 ;eoulcomp 1,782.27 -42.51 ;henzhenb 721.85 -2.01 IUMBAI IND 20,827.45 +245.37 10.45AM EST Change 12,691.00 -162.09 )OW IASDAI 2,460.06 -28.06
        43 words
      • Article
        Lock icon PRIME RATES
        29 2 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.539 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.83 INDIA 12.75 Source:
        ■ Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        36 2 IS$ (S$ per US$) 1.429 (US$/S$ ier 1.953 2.791 ;uro(uss/s$/e) 1.480 2.115 'EN 108.90 76.20 3.259 2.280 N<$ 7.803 5.459 !AHT 33.16 23.20 lUPIAH 9,433 6,599 lENMINBI 7.263 5.082 INDIAN RUPEE 39.29 27.49 1.116 0.781
        36 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon STATS ChipPAC to distribute US$133m by capital reduction
        53 2 STATS ChipPAC, South-east Asia's largest provider of chip testing and packaging services, plans to return up to US$Bl3 million to shareholders through a proposed capital reduction. The amount works out to 39 US cents a share based on present share capital. COMPANY
        53 words
      • Article
        Lock icon Old Chang Kee's success: it's no puff
        67 2 UNDAUNTED by failed attempts to enter Japan, Myanmar, China, New Zealand and South Africa in the early *****, F&B group Old Chang Kee is now launching a second wave of overseas expansion this time with a firmer hand. The group is making direct
        67 words
      • Article
        Lock icon One-time gain lifts Ezra Q1 net profit to $188.4m
        41 2 A HUGE one-time gain lifted offshore support and marine services company Ezra Holdings to a net profit of $188.4 million for its first quarter ended Nov 30, 2007. COMPANY NEWS, PAGE 7
        41 words
      • Article
        Lock icon Facts Global Energy moves worldwide HQ to S'pore
        70 2 AFTER hitting US$lOO a barrel recently, oil prices are likely to stay in the US$B5-95 range for the rest of this year, said Fereidun Fesharaki, chairman and chief executive of Facts Global Energy which announced yesterday that it had relocated its global
        70 words
      • Article
        Lock icon Swiss solar firm sets up plant, Asian HQ here
        61 2 A SECOND solar equipment manufacturer is moving into Singapore, following Norway's Renewable Energy Corporation (REC) which announced a $6.3 billion plant last October. Oerlikon Solar, a unit of the Swiss technology group OC Oerlikon, is investing at least 30 million Swiss
        61 words
      • Article
        Lock icon KLCI hits record high amid election talk
        71 2 THE Kuala Lumpur stock market yesterday continued to buck the regional trend, soaring another 25 points or nearly 1.67 per cent to 1,516 points, a new historical high. It has taken the benchmark Kuala Lumpur Composite Index (KLCI) a mere 11 days into
        71 words
      • Article
        Lock icon Indonesia sells US$2b of bonds at higher yields
        73 2 INDONESIA sold US$2 biUion of bonds, paying the highest yield in two years, in a sign that other developing nations face increasing borrowing costs as they struggle to contain their deficits. It priced US$l biUion of 10-year debt to yield 6.95 per
        73 words
      • Article
        Lock icon China air traffic up 16% in 2007
        57 2 CHINA'S civil aviation traffic soared 16 per cent to 185 million passengers last year, triggering government plans for curbs on industry growth to ensure safety, state media reported yesterday. The booming sector was growing too fast, raising safety risks, and needs to be
        57 words
      • Article
        Lock icon Mortgage-hit US banks asking for accounting refuge
        69 2 As the mortgage mess grows, we are learning more and more about just how sloppy things were in the mortgage-issuing business as loans were churned out, carved into securities and sold off. And now the banks are begging the accounting rule makers to
        69 words
    • Article
      Lock icon More Fed interest rate cuts to come
      657 2 -AP Bernanke promises 'substantive' action to avoid US recession [WASHINGTON] Federal Reserve chairman Ben Bernanke borrowed a page from Alan Greenspan's crisis playbook when he promised emphatically to cut interest rates further if the weak United States economy needs the help. The response
      -AP  -  657 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      102 2 I "The World Top Of The Roof I Highly symbolic value that I All Dzi stones possess the Mystic Power of bringing Luck, Wealth Peace. My Dzi Stones are 10u%"Authentical" ■LaatcollKtionlExtnmelfiinxknis&ran 12 Eyes Dzi stone 'ntastefpiKe' ■3EyesiTantric6EyaimdoiisDziMotrf ipclonjeirtyoiKf lota Bottle Desfcn lpcHeavmandearthadHotK ipcExtrttmlyßarcßuddhaEyes'Qwdrupk:' lpcHighlfdtsirulDoubleHeavatandEortli with two cherry lints (ntosttfpKct) •ipaßeautfamgertMhMotlf
      102 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The voice of Google
      2422 3 CEO Eric Schmidt talks to VIKRAM KHANNA about what powers the search engine icon YPE what you want to find into our search box and hit enter," says Google's website in its "company overview" section. "Once you do, you'll be on your way to understanding why
      ARTHUR LEE  -  2,422 words
    • Article
      Lock icon Asia's the next frontier
      414 3 CURRENTLY, about half of Google's revenues derive from outside the United States. By the end of this year, that proportion will increase, and Asia will play a key role in tipping the balance. Already well established in China and India, Google is setting its sights on
      414 words
    • Article
      Lock icon Raffles
      97 3 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      97 words
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  • COMPANY NEWS
    • Article
      Lock icon STATS ChipPAC to distribute US$813m by capital reduction
      543 4  -  CHOW PENN NEE Temasek will get USs6B4m from proposed plan based on distribution of 37 US cents per share By STATS ChipPAC, South-east Asia's largest provider of chip testing and packaging services, plans to return up to US$Bl3 million to shareholders through
      543 words
    • Article, Illustration
      Lock icon Wall Street woes continue to weigh on sentiment
      604 4  -  R SIVANITHY STOCKS IF there was a single theme to this week's trading, it would have been "sell the bounces and only selectively buy the dips". This comes from the fact that every bounce was quickly met with waves of selling pressure,
      604 words
    • Article, Illustration
      Lock icon Old Chang Kee's success: it's no puff
      777 5  -  CHEN HUIFEN F&B group to invest directly abroad after unsuccessful franchising overseas By UNDAUNTED by failed attempts to enter Japan, Myanmar, China, New Zealand and South Africa in the early *****, F&B group Old Chang Kee is now launching a second wave of
      ARTHUR LEE  -  777 words
    • Article
      Lock icon Second A380 jet joins SIA fleet
      212 5  -  NISHA RAMCHANDANI By SINGAPORE Airlines' second Airbus A3BO, which was handed over to the company in Toulouse, France, yesterday, will join the first one on the Singa-pore-Sydney route. This will allow some rotation of aircraft on the Sydney route, SIA said. The second aircraft
      212 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7798 5 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.972/ Star Europe Bond 1.203/ Star Europe Bal 1.202/ Star Asian Tiger Eqty 1.614/ Star Asia Bond 1.248/ Star Asia Balanced 1.038/ Star Global Technology Fund!** 0.211/ Multi St Fd 0.917/ Star Asia Bond(USD) 0.872/ Gib Multi St USD
      7,798 words
    • Article, Illustration
      Lock icon One-time gain lifts Ezra Q1 net profit to $188.4m
      385 7  -  VINCENT WEE Exceptional gain of $197.9 m from partial divestment of EOC stake By A HUGE one-time gain lifted offshore support and marine services company Ezra Holdings to a net profit of $188.4 million for its first quarter ended Nov 30,
      FILE PHOTO  -  385 words
    • Article, Illustration
      Lock icon Harry's plans to raise $3-5m from listing on SGX's Catalist
      309 7 Reuters HARRY'S International, which operates the largest chain of pubs in Singapore, plans to list its shares on the Singapore Exchange's junior board by June, chief executive Mohan Mulani said yesterday. The planned listing will involve the transfer of Harry's
      ,/ – Reuters; FILE PHOTO  -  309 words
    • COMPANY BRIEFS
      • Article
        Lock icon Lianhe Publishing sells CittaBella stake
        106 7 MEDIA group Singapore Press Holdings (SPH) announced yesterday that Lianhe Publishing, a wholly owned subsidiary of SPH Magazines, has sold its entire 49 per cent stake in Cittaßella Malaysia Sdn Bhd to Nanyang Press Sdn Bhd for RM650.000 (*****,000). The consideration was arrived at on
        106 words
      • Article
        Lock icon Equation appoints new chairman, director
        116 7 EQUATION Corp has appointed former ambassador Toll Hock Ghim as chairman and an independent non-executive director with effect from yesterday. Eddie Chng Weng Wah stepped down as chairman yesterday but remains as executive director and chief executive officer. The company said that it adopted the
        116 words
    • Article
      Lock icon Derivatives expected to bolster SGX Q2 profit
      370 7 Reuters Analysts expect it to post $107 m net profit for Oct-Dec SINGAPORE Exchange (SGX), South-east Asia's top bourse operator, should have pushed up its October-December profit by more than two-thirds on the back of strong volumes in derivatives trading as edgy investors
      – Reuters  -  370 words
    • Article
      Lock icon Yanlord launches more flats in Shanghai project
      224 7 Average selling price up 42% from July last year, it says YANLORD Land Group, a real estate developer, has launched another batch of apartments at its Shanghai Yanlord Riverside City Phase Two project. Driven by the continued demand for high-end residential properties in
      224 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      3207 4 SDatacraft DATACRAFT ASIA LTD (Registration No. *****1842Z) NOTICE OF FOURTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of Datacraft Asia Ltd {Company) will be held at Suntec City Guild House, 3 Temasek Boulevard, #05-001, Suntec City Mall, Singapore *****3 on Tuesday, January 29,2008 at
      3,207 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      483 4 THECOMPANINESACT !CinQtQPKaft (CHAPTERSO) I M I Ji-I I r~ll .1 «-l I I THE COMPANIES REGULATIONS SECTION 227N/REGUL4TION 55 DATACRAFT ASIA LTD NOTICE 0F judicial MANAGER TO <»*S2£SFS£nm CREDITORSOEEIRSTMEETING Nome of Compony: Hsin Semiconductor Pie Ltd FINALANDSPECIALDIVIDENDSFORTHEFINANCIALYEARENDEDSEPTEMBER3O,2OO7 UICI° nagement) NOTICE IS HEREBY GIVEN that,subjecttotheapproval of shareholdersoftheCompany ("Shareholders") attheFourteenth Company No.:
      483 words
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  • PERSONAL INVESTMENT
    • Article
      Lock icon A mixed bag
      699 6 pe rormance >y is: ue manager MAINBOARD SESDAQ NO OF AVG FIRST MEDIAN AVG EXCESS MEDIAN COMPANIES DAYPERFOR- FIRST DAY ANNUAUSED EXCESS MANCE(%) PERFOR- RETURN TO ANNUAUSED MANCE(%) DATE(%) RETURN TO DATE NO OF AVG FIRST MEDIAN AVG EXCESS MEDIAN COMPANIES DAYPERFOR- FIRST DAY ANNUAUSED EXCESS MANCE(%)
      699 words
    • Article, Illustration
      Lock icon Does strict due diligence guarantee a successful IPO?
      1083 6  -  TEH HOOI LING SHOW ME THE MONEY THE Singapore Exchange believes that investment banks which have very strict due diligence processes will tend to bring in better quality companies to the market. This is why it is going to be very selective
      1,083 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      29 6 stuff LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company's financial performance through CATS Notices in The Straits Times. Cl FVfrfcll POST YOUR AD IWWW.ST7OI.COM NOTICES
      29 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Facts Global Energy moves worldwide HQ to S'pore
      477 8  -  RONNIE LIM Energy consultancy's relocation reflects commitment to clients in the region By AFTER hitting US$lOO a barrel recently, oil prices are likely to stay in the US$B5-95 range for the rest of this year, said Fereidun Fesharaki, chairman and chief executive
      FILE PHOTO  -  477 words
    • Article, Illustration
      Lock icon Forging links
      202 8 SINGAPORE'S newest bridge was officially opened by President SR Nathan on Jan 3 to the accompaniment of a spectacular pyrotechnics show. Spanning 250 metres, the $30 million Keppel Bay Bridge links Marina at Keppel Bay and future waterfront homes on the private Keppel Island to the mainland. About
      202 words
    • Article
      Lock icon PSA's box volume hits record 58.85m TEUs
      251 9  -  VINCENT WEE Its foreign units account for more than half of last year's throughput By THE boom in global shipping is reaping dividends for PSA's expansion programme as overall container volumes, including at its international arm PSA International, grew nearly 15 per cent
      251 words
    • Article, Illustration
      Lock icon More work needed to tap silver market
      539 9  -  LYNETTE KHOO By MARKETING efforts aimed at baby boomers need to be stepped up as multinational companies are not doing enough to target their communication strategies to the growing silver-haired segment. Leon Perera, group managing director at Spire Research and Consulting, said many
      539 words
    • Article
      Lock icon Swiss solar firm sets up plant, Asian HQ here
      354 9  -  CHEW XIANG By A SECOND solar equipment manufacturer is moving into Singapore, following Norway's Renewable Energy Corporation (REC) which announced a $6.3 billion plant last October. Oerlikon Solar, a unit of the Swiss technology group OC Oerlikon, is investing at least
      354 words
    • NEWS ROUNDUP
      • Article
        Lock icon 60 submissions for Land Transport awards
        57 9 THE Land Transport Excellence Awards have in their first year attracted 60 submissions from over 30 companies. Launched last August, the awards aim to recognise the best in Singapore land transport, with categories such as Most Eco-Friendly Transport. The presentation ceremony will take place
        57 words
      • Article
        Lock icon Boon Yang at culture meeting in Myanmar
        64 9 MINISTER for Information, Communications and the Arts Lee Boon Yang is attending the third meeting of the Asean and Asean+3 Ministers Responsible for Culture and Arts, being held in Myanmar from today until Monday. The ministers will discuss initiatives to enhance cultural cooperation
        64 words
      • Article
        Lock icon Ascendas rewards payout doubles
        37 9 BUSINESS space provider Ascendas said yesterday that its Ascendas Partner Rewards programme saw its highest ever payout of $286,860 last year, nearly double that of 2006. Some 120 deals were closed last year.
        37 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      2038 8 SCORE CARD Keep your investors informed by advertising I your financial results in I our newspapers. Call I 1800 289 8822 or email I notices@sph.com.sg. I J HG METAL MANUFACTURING LIMITED (Incorporated in the Republic of Singapore) (Company Registration N0.*****2660D) Registered Office: No.3oJalanßuroh,JurongTown,Singapore6l94B6 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS
      2,038 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      46 9 Lianhe Zaobao I More than the total I I for last 16 years I I China's I I stock trading!! I stamp duly m hits 1 I 200.5b H yuan **i] I POST YOUR AD WWW.ST7OI.COM :~u c cars property ST O fyt tk vtykt stuffWWW.ST7OI.COM
      46 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      74 9 I The 80s were over. I YO U II I k I Almost 20 years ago. I M^BM^l DECIDE !I!l!(iiilwifAiffil II it's not Retro anymore. I SHHgHiSIa YO 11R I icon R|n I Luckily, you now have I IVW\»SIp BRING ANewChoice! T^ ME I The Biggest Hits v> II I
      74 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Burnt AirAsia to quit betting on price of oil
      477 10 Bloomberg Wrong call leads to 16% share price slide in a month [SINGAPORE] Air Asia Bhd, Asia's biggest discount carrier by fleet size, will stop making bets on the price of oil, after incorrect forecasts contributed to a 16 per cent
      – Bloomberg; FILE PHOTO  -  477 words
    • Article
      Lock icon KLCI hits record high amid election talk
      525 10  -  PAULINE NG Market soars to 1,516 points as investors snap up govt-linked stocks By in Kuala Lumpur THE Kuala Lumpur stock market yesterday continued to buck the regional trend, soaring another 25 points or nearly 1.67 per cent to 1,516 points, a new
      525 words
    • Article
      Lock icon SGX MAINBOARD
      8647 10 Transaction date: Jan 11 52-wks Tel )h Low Code Last Sale Vol (*000) Hil Day Last Quote |h Low Buyer Seller Div Gr Yld Net C'vr P/E M Cap $mil Hii Com[ ian; B716 1st Software 22 8.5 3148 STelecom 11 I i., 105 98 6389 ABFSGBondETF 30
      8,647 words
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  • INDONESIA
    • Article
      Lock icon Indonesia sells US$2b of bonds at higher yields
      317 11 Bloomberg It reflects rising borrowing costs for developing nations trying to curb deficits [JAKARTA] Indonesia sold US$2 billion of bonds, paying the highest yield in two years, in a sign that other developing nations face increasing borrowing costs as they struggle to
      Bloomberg  -  317 words
    • Article, Illustration
      Lock icon Suharto takes turn for worse again
      232 11 -AFP [JAKARTA] The health of Indonesia's ex-dictator Suharto took another turn for the worse yesterday, with his kidneys weakening and signs of possible pneumonia emerging in his liquid-clogged lungs, doctors said. Mr Suharto, an authoritarian ruler for 32 years until he was forced from
      " -AFP  -  232 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        58 11 VOLUME JES 60,114,000 Yangzijiang 58,283,000 Sing Tel 47,015,000 SingTelMßl_eCWoBo6o3 37,906,000 Firstßes 36,579,000 DBS MBL eCWOBO6O2 35,391,000 Sapphire 34,863,000 JiutianC 34,648,000 STXPO KWIOO 33,433,000 KTL Global 29,811,000 Clob VALUE (S) Sing Tel 185,590,020 DBS Grp 127,024,610 SGX 120,726,904 Yangzijiang 101,906,420 Capita Land 91,895,347 STX PO KWIOO 91,392,160 UOB
        58 words
      • Article
        Lock icon RISES
        101 11 CLOSE UP GLD 10US$ 8910 257.2 2.1 JMH 2750 114.3 3.0 Jardine C&C 2196 96.0 4.6 En Wah 119 34.0 40.0 StraitsAsia 314 28.0 9.8 Ome< laNav 2420 20.0 0.8 207 12.0 6.2 F&N 550 11.0 2.0 OCBCCa :.93%Pref10 ***** 10.0 0.1 Sin. |TelSGAeCW*****8 34 10.0 41.7 CLOSE UP
        101 words
      • Article
        Lock icon FALLS
        116 11 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN SGX 1110 -60.0 -5.1 Venture Cor| 1080 -34.0 -3.1 NobleGri iSGAeCW*****4 21.5 -27.0 -55.7 Wilmar 537 -27.0 -4.8 DBS Gr| 1984 -24.0 -1.2 Asia Pac Brew 1280 -20.0 -1.5 B Sembawan 1000 -20.0 -2.0 SembCori
        116 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      84 11 MAIN Up Down Unch 2 13 3 SDQ Up Down Unch OOP TOTAL Up Down Unch 2 13 3 Multi Ind Manufacturini 29 127 50 20 11 38 147 61 Commerce 16 42 J7_ U_ .21 54 J8 itor/ lomms Finance 24 24 Construction 10 17 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 11 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 17.777 17, .777 76.748 76.748 Manufacturing 436.930 51.100 488.030 475.665 7.971 483.636 Commerce 103.414 6.327 109.741 96.559 1.363 97.922 ir/< 149.749 568 150.317 437.186 222 437.40! Finance 39.642 39.642 396.996 396.996 Construction 79.237 47.301 126.538
      125 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      47 11 Stock name Close Chan CapitaLand 6.000 -0.070 Zapital Htyl lev -OSCO .orp mp ient [MI Ian line ipel .orp ipel .am irp Stock name Close Chan Olam 3.080 +0.020 :ngg igg Jeml .orp Jeml laT >mg >tar Jeverage I mar 'angzijiang 'anl fori
      47 words
    • Article
      Lock icon BONDS & WARRANTS
      3039 11 BONDS WARRANTS re I Zode Coi Last Sale +orVol Conv Exer ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 28 #ArianeCorp Ltd W*****9 3 3798 Ascendas REIT SGA ECW*****3 6 )092 Asia Environment W*****4 33 I436 AusGroup MBL ECW*****4 5.5 1851 AusGroup MER
      3,039 words
    • Article
      Lock icon SGX CATALIST
      2383 11 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
      2,383 words
    • Article
      Lock icon SGX XTRANET
      73 11 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Coi Mi 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170
      73 words
    • Article
      Lock icon CLOB INTERNATIONAL
      78 11 Hii «Vk Tel Low Code Last Sale Vol C000) Hii lay 1 Low Bu1 .ast ver )uote Div Seller C'vr Net P/E flCap $mil Com] >am 141 104 6000 AVJennings 21.5 5 6134 Over&Gen 64 25 6017 StarCruises 320 181 6019 TanChonglnt A104 A15 IS28.5 IIK266 -7 -0.5
      78 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon India, China to sign pacts during Singh's visit
      365 12 -AFP [NEW DELHI] India and China will sign five agreements, including a pact between the two state-run railways, during Prime Minister Manmohan Singh's visit to China next week, a Cabinet minister said on Thursday. Mr Singh is scheduled to leave tomorrow on
      -AFP  -  365 words
    • Article, Illustration
      Lock icon CAPTIVE SHOPPING EXPERIENCE
      57 12 AP [HONG KONG] Visitors walking inside a former jail cell where shopping bags have been hung as an art installation at the Shenzhen-Hong Kong Biennale of Urbanism and Architecture Exhibition, 'City Refabrication', at Hong Kong's historic Central Police Station on Wednesday. The biennale relates to architecture and
      AP  -  57 words
    • Article
      Lock icon China air traffic soared 16% in 2007
      345 12 AFP Govt plans to regulate booming sector as safety concerns rise; new airline applications banned till 2010 [BEIJING] China's civil aviation traffic soared 16 per cent to 185 million passengers last year, triggering government plans for curbs on industry growth to ensure safety,
      AFP  -  345 words
    • Article
      Lock icon JPMorgan in talks for securities joint venture in China
      235 12 Reuters [TIANJIN] JPMorgan Chase is talking to a number of potential partners about forming a securities joint venture in China, a senior executive said yesterday. JPMorgan is one of several international banks looking to participate in the country's booming but restrictive
      – Reuters  -  235 words
    • Article
      Lock icon Watchdog drafts relaxed China mutual funds laws
      272 12 Reuters Current law is outdated as industry develops: lawmaker [BEIJING] China has started to work on a revision of its law governing mutual funds to give the expanding industry an additional push, a lawmaker said on Thursday. China's securities watchdog is drafting a
      – Reuters  -  272 words
    • Article
      Lock icon China to further open economy: commerce minister
      249 12 Reuters [BEIJING] China will continue to open its economy even as it grows to become the world's third-largest, its new Commerce Minister, Chen Deming, said on Thursday. Some of Beijing's major trading partners, including the United States, have expressed concerns that it could
      – Reuters  -  249 words
    • Article
      Lock icon BURSA MALAYSIA
      2310 12 Ian 11 RM Cooo) A&M Realty 0.91 AbricBhd 0.25 Advance Synergy 0.22 Adventa Bhd 1.47 Ae Multi Hldgs 0.29 Win Holdings 2.74 Ahmad Zaki Resou 1.88 AicCorp 0.78 \irasia Bhd 1.58 Akn Technology 0.69 Alliance Financi 3.22 Aluminium Co 1.21 Amalgamated Ind 0.52 Aminvestment Grp ....unch \mmb Hldgs
      2,310 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Record oil prices swell trade deficit
      518 13 .-AP LATEST US DATA November's gap jumps by 9.3% to US$63.l b; highest level in 14 months [WASHINGTON] The US trade deficit in November surged to the highest level in 14 months, reflecting record imports of foreign oil. The deficit with China declined slightly
      .-AP  -  518 words
    • Article, Illustration
      Lock icon It's getting hot, hot hot
      364 13 FROM the reports coming in from the Clipper fleet this morning the weather and the competition is as hot as it could be. New York and Liverpool 08 have edged ahead of Nova Scotia as they go on different gybes with a light breeze coming
      Photo: ONEDITION  -  364 words
    • Article, Illustration
      Lock icon Bank of America buys Countrywide
      553 13 -AP [CHARLOTTE, North Carolina] Bank of America Corp yesterday said that it has agreed to buy Countrywide Financial for US$4 billion in stock, a deal that both rescues the US's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank.
      -AP; AP  -  553 words
    • Article, Illustration
      Lock icon US$115m severance pay for a 'failed, overpaid' CEO
      324 13 US $115m severance pay for a 'failed, overpaid' CEO LAT [LOS ANGELES] Countrywide Financial Corp founder Angelo Mozilo, one of the highest-paid US chief executives, stands to reap US$ll5 million in severance-related pay if his troubled company is acquired by Bank of America, regulatory filings show. Free rides on the
      LAT  -  324 words
    • Article
      Lock icon New York launches antitrust probe into chipmaker Intel
      253 13 Reuters [NEW YORK] New York state launched a formal investigation on Thursday to determine if Intel Corp the world's largest chipmaker, violated state and US antitrust laws to squeeze out main rival Applied Micro Devices (AMD) Inc. New York Attorney-Gen-eral Andrew Cuomo
      – Reuters  -  253 words
    • Article
      Lock icon Fukui paints bleak picture of Japan economy
      503 13  -  ANTHONY ROWLEY He raises spectre of stagflation; Tokyo stocks resume slide 3y in Tokyo BANK of Japan governor Toshihiko Fukui yesterday delivered a downbeat assessment of economic prospects, sparking speculation that the bank could be forced to join the US Federal Reserve and
      503 words
    • Article
      Lock icon Delta shares soar on renewed speculation of consolidation
      390 13 -AP [ATLANTA] Shares of Delta Air Lines soared more than 18 per cent on Thursday, following renewed speculation that the No 3 US carrier may be close to inking a deal to combine with another airline. On Wednesday, the head of the
      -AP  -  390 words
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  • WORLD
    • Article
      Lock icon Mortgage-hit US banks asking for accounting refuge
      688 14 NYT They want nod to ignore 15-year rule, citing inadequate reporting systems [NEW YORK] When you are shovelling money, keeping track of the paperwork is an awful burden. As the mortgage mess grows, we are learning more and more about just how sloppy
      NYT  -  688 words
    • Article, Illustration
      Lock icon Edmund Hillary, first atop Everest, dies at age 88
      570 14 -AFP [WELLINGTON] Sir Edmund Hillary, the modest New Zealand beekeeper who shot to global fame as the first person to climb Mount Everest, died yesterday at age 88. Sir Edmund had a heart attack after a spell of bad health, Auckland
      -AFP; REUTERS  -  570 words
    • Article
      Lock icon Blackstone to buy GSO for up to US$930m
      346 14 Reuters [NEW YORK] Private equity firm Blackstone Group will buy hedge fund GSO Capital Partners LP for up to US$93O million in cash and stock, scooping up a mid-sized lender at a time when Wall Street banks' loan operations remain pressured by
      – Reuters  -  346 words
    • Article
      Lock icon UK seeks Asian investors for Northern Rock
      489 14 -Reuters Govt looks to China, Mid-East to help fund a takeover [LONDON] The British government is seeking help from backers in Asia and elsewhere as it tries to widen the net for potential rescuers of stricken bank Northern Rock. A person close to
      -Reuters  -  489 words
    • Article
      Lock icon No ill effects from just 'Big Four' audit firms
      309 14 Reuters [NEW YORK] Most large public companies feel severely limited by having just the "Big Four" auditor firms to work with but they do not actually experience many bad effects from having so few choices, according to a report on Thursday
      – Reuters  -  309 words
    • Article
      Lock icon Speculators, new strategies fuel oil options boom
      448 14 Reuters Open interest in Nymex options up 27% from Jan 2007 [NEW YORK] The crude oil options market is booming, driven as much by sophisticated new trading strategies as by speculators trying to duplicate the dazzling profits earned by the lucky few who
      – Reuters  -  448 words
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  • MOTORING
    • Article, Illustration
      Lock icon Chery picker
      888 15 SAMUEL EE talks to the managing director of Vertex Automobile, David Sng, the first man in Singapore to offer a China-made car MONEY fell out of the sky, David Sng made it grow and eventually it bore fruit a Chery to be exact. Or something like that if
      ARTHUR LEE  -  888 words
    • Article, Illustration
      Lock icon Perfect X
      531 15  -  SAMUEL EE By THE Evolution has certainly evolved. Where once the Mitsubishi Lancer Evolution epitomised the boy racer and his flashy ways, the latest version of this high-performance model has amazingly acquired refined manners and more sophisticated behaviour. The newfound personality of the Evolution X the lOth-generation Lancer
      531 words
    • DRIVING NOTES
      • Article, Illustration
        Lock icon First GT-R in S'pore
        124 15 GODZILLA has landed. The first unit of the long-awaited Nissan R35 GT-R arrived at a parallel importer here late last week. Other importers are expected to follow with more units of this latest generation of Nissan's halo model. BHP Auto, for example, is expected to deliver
        124 words
      • Article, Illustration
        Lock icon A new beginning
        132 15 HYUNDAI is ready to enter the premium league and do battle with Lexus. At this weekend's North American International Auto Show in Detroit, the Korean carmaker is unveiling an all-new model called the Genesis. This mid-sized sports-luxury sedan will be the first to use Hyundai's new rear-wheel-drive
        132 words
      • Article, Illustration
        Lock icon Smaller Hummer
        120 15 ALSO debuting in Detroit is the Hummer HX concept. Likely to be the new H4, it is the smallest Hummer to date. With an eye on the current high price of gasoline, the HX has a 3.6-litre Flex Fuel V 6 engine that can run on petrol or
        120 words
      • Article, Illustration
        Lock icon Petrol-electric Panamera
        99 15  -  SAMUEL EE PORSCHE will offer a hybrid drive version of its new Panamera sports saloon when it debuts early next year. The Porsche Panamera will be the first four-door sports model to feature fuel-efficient full parallel hybrid technology. The model will also benefit from the experience gained by
        99 words
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  • GOLF
    • Article, Illustration
      Lock icon The young guns
      1518 16 JUSTINE MOSS profiles three talented players who form part of Singapore's next generation of competitive golfers THE number of Asian players making their mark on the professional circuit in particular the LPGA tour has risen markedly in the past few years and raised the game's profile to
      1,518 words
    • Article
      Lock icon wine&dine
      969 16 with weekendßT Chatterbox 333 Orchard Road, Meritus Mandarin Singapore, South Tower Lobby, Tel: 6831 6291 Enjoy our time-honoured and multi-award-winning Mandarin Chicken Rice along with other local favourites in an all-new presentation and ambience. Fin Seafood Cafe Marina Square W2-226A/B. Tel: 6338 2207 This urban and trendy cafe not
      969 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Sifting fact from fiction in hypnotism
      1035 17 You won't be controlled by someone but it could ease pain and cure phobias, writes MELISSA HENG WHEN you think of hypnotism, do you automatically picture a swinging pendulum, or shiver at the thought of losing your will power to a complete stranger? Well,
      1,035 words
    • Article, Illustration
      Lock icon Long, healthy life's in the food pyramid
      673 17 Nutritionist advises a balanced diet and what health authorities recommend, says CHEAH UI-HOON WANT to eat healthily? Following the food pyramid is good enough, says a biomedical science professor, Willem van Gelder, who is also the global research director for Numico, a Dutch
      FILE PHOTO  -  673 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      30 17 $1 ST i> POST YOUR AD WWW.SnOI.COM HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES B
      30 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      341 17 CRYPTIC CROSSWORD ACROSS 4 Hawker stuck with her in I All dispersed here in living trouble (8) quarters (4,3,4) 5 Second student leaving port 9 Did not finish dressing bird has a dance (4) (5) 6 Exert force on employee 10 Warning everybody about in- wno is a repor ter
      341 words
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  • SHOPPING
    • Article, Illustration
      Lock icon All things bright and beautiful
      976 18 Expect bold eye-catching colours this season, writes CHEAH UI-HOON WITH Chinese New Year just a few weeks away, there's a very valid excuse to go shopping for new togs. And with boutiques about to roll out their tropics-friendly spring/summer collections some in just two or
      976 words
    • Article, Illustration
      Lock icon Exciting new headphones for buffs
      514 18  -  CHRISTOPHER LIM By IF you've outgrown the stock earphones that came with your audio player or the entry-level headphones you bought for home listening, Creative and Altec Lansing each have something for you. These two names are traditionally more associated with the PC market than
      514 words
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  • PERSONAL SPACE
    • Article, Illustration
      Lock icon In sync with the tropics
      1076 19 HEN Romancing The Tropics, a picture-filled, linen-bound, 280-page monograph depicting 10 residential projects by Sin-gapore-based architect Ernesto Bedmar, was published recently, it marked a career milestone of sorts. After 20 years at the helm of the firm Bedmar Shi, Argentina-born Mr Bedmar is widely acknowledged
      ARTHUR LEE  -  1,076 words
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  • THE BUSINESS TIMES Weekend
    • Article, Illustration
      Lock icon The pleasures of casual dining
      2165 20  -  Jaime E& Jaime Ec Geoffrey Eu Geoffrey Eu Cheah Ui-Hoon Fine dining and high-concept (and high-priced) restaurants may be all the rage here, but when it comes to just simple cafe-style cooking at down-to-earth prices, we're happy to report that there's a string of new
      ARTHUR LEE  -  2,165 words
  • Page 20 Miscellaneous