The Business Times, 4 June 2008

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Microfilm: NL29385
Total Pages: 33
1 33 The Business Times
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  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Wednesday, June 4,2008
    24 words
  • Article, Illustration
    Lock icon Cost of air travel set to soar as industry bleeds
    693 1  -  YEN SREENIVASAN Airlines may move towards mergers, but obvious hurdles stand in the way By in Istanbul THE era of cheap airfares is over and consumers must adjust to the realities of higher airline operating costs. "Consumers have to get
    AFP  -  693 words
  • Article
    Lock icon Reality check for 99-year lease top-up assumption
    871 1  -  KALPANA RASHIWALA Recent decisions show such extensions not a given as govt retains planning flexibility By [SINGAPORE] The market used to assume that the government would top up leases for sites to 99 years as they came up for redevelopment. A series of
    871 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.644 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.70 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      44 1 1COMP 1,257.57 -4.92 IIKKEI 225 14,209.17 -230.97 IANG SENG 24,375.76 -455.60 ;et index 806.86 -3.36 JAKARTA COM P 2,403.81 -23.95 1ANILACOMP 2,782.80 -43.09 ;eoulcomp 1,819.39 -28.14 IHENZHEN B 544.78 +0.11 IUMBAI IND 15,962.56 -100.62 12NOONEDT Cham )OW 12,529.87 +26.05 IAS DAI 2,509.93 +18.40
      44 words
    • Article
      Lock icon FOREX
      34 1 IS$ (S$ US$) 1.363 (US$/S$ il 1.965 2.67! ;URO (US$/S$/E) 1.559 2.125 'EN 104.20 76.5I 3.230 2.36! 7.805 5.725 !AHT 32.64 23.9. 1UPIAH 9,317 6,831ENMINBI 6.926 5.081 INDIAN RUPEE 42.59 31.2. 1.045 0.76'
      34 words
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      94 1 8 *****1 *****4 I /^i 1 T Xi J LA CHAUX-DE-FONDS, SUISSE CORTINA WATCH ESPACE Millenia Walk Tel: 6339 1728 "l"»"**^ Raffles City Tel: 6339 9185 Lucky Plaza Tel: 6734 3668 Suntec City Mall Tel: *****150 SINCERE HAUTE HORLOGERIE The Shopping Gallery at The Hilton Tel: 6738 9971 I IM
      94 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      54 1 EXEC MONEY MOTORING /Th^^B^S* MANAGING BE INSPIRED I■ The benefits of The power of j II WEALTH Zap for daily inspiration. life cycle funds compressed natural gas w4jfcr Keeping the bad Win a pair of Zegna HH page 34 page 30 y\ days away page 32 sunglasses! page 4 «l
      54 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Asia-Pac fund management – the challenge and reward
        44 2 Asia-Pac fund management the challenge and reward AS investment returns fall in mature markets, the Asia-Pacific is likely to come into increasing focus particularly in the area of investment management services, which is currently under-developed, says a report from KPMG. TOP STORIES, PAGE 4
        44 words
      • Article
        Lock icon Contingency plans for derivative market
        64 2 THE Singapore Exchange is proposing to allow derivative trades to be executed off-exchange, in the event of emergency situations, as part of its contingency measures. SGX said that its concern is to maintain continuous trading access to the derivatives market in times of interruptions. Trading
        64 words
      • Article
        Lock icon Keppel secures US$385m repeat order from Brazil firm
        43 2 KEPPEL Corp, through Keppel Fels, has secured a US$3B5 million repeat order for its proprietary DSS 38 semi-submersible deepwater drilling rig from Brazilian drilling contractor group Queiroz Galvao Oleo c Gas. COMPANY NEWS, PAGE 7
        43 words
      • Article
        Lock icon CWT in for $85.7m gain from warehouse deal
        63 2 LOGISTICS group CWT Ltd stands to realise a gain of $85.7 million from the sale of one of its biggest warehouse facilities in Singapore. The company yesterday said it has entered into a conditional agreement with a buyer to sell and lease
        63 words
      • Article
        Lock icon S'pore is biggest Asian investor in Japan
        72 2 SINGAPORE stiU figures large in Japan the world's second-biggest economy despite the rise of emerging economic giants China and India. Among Asian economies, Singapore is the biggest direct investor in the land of the rising sun, according to new figures from the Japan
        72 words
      • Article
        Lock icon US stagflation unlikely as wages stay flat
        79 2 FOR all the worry over inflation, the US economy is actually in little danger of returning to the 1970s stagflation era of rising prices along with stagnant growth. There is one key ingredient missing higher wages. "It is utter nonsense, in our view,
        79 words
      • Article
        Lock icon HK broadcasting watchdog under fire for decision on Li
        76 2 HONG KONG's broadcasting watchdog has come under fire for deeming PCCW boss Richard Li to be outside cross-ownership laws because he does not actually "control" the company. Corporate governance activist David Webb is among many observers to query a decision by
        76 words
      • Article
        Lock icon CNG-powered cars hitting sales high
        89 2 SALES of cars that can run on compressed natural gas are powering ahead on the back of soaring petrol prices, with talk of a Malaysian ban on petrol sales to drivers of foreignregistered cars fuelling even more interest in them. In the first four months
        89 words
    • Article, Illustration
      Lock icon UN: Trade curbs to blame for high food prices
      741 2 Reuters Lower barriers, scrap ban on food exports to alleviate hunger, producers urged [ROME] The United Nations urged a summit on the global food crisis yesterday to lower trade barriers and remove export bans to help stop the spread of hunger
      – Reuters; J AFP  -  741 words
    • Article
      Lock icon Uncertainty over lease top-ups may affect sentiment
      649 2  -  KALPANA RASHIWALA Govt may approve shorter extensions or not top up leases By [SINGAPORE] The government's recent decisions to either not top up leases of some leasehold sites to the original 99-year term or to approve shorter lease extensions could affect sentiment towards
      649 words
    • Article
      Lock icon S'pore purchasing index down 6 months in a row
      303 2 [SINGAPORE] The purchasing managers' index (PMI) has slid for a sixth straight month to its lowest level in more than six years. The electronics sub-in-dex, which has been faring a little better, also saw a third consecutive monthly decline in May
      303 words
    • Article
      Lock icon Asia-Pac fund management the challenge and reward
      497 4  -  MICHELLE QUAH Rising level of wealth among the region's new rich will drive growth By [SINGAPORE] Global markets face further turbulence as fears of recession and rising inflation build on recent dramatic developments such as the US sub-prime crisis. And against this backdrop,
      497 words
    • Article, Illustration
      Lock icon Chinese telecom stocks plunge by more than 12%
      482 4 Reuters Investors cash out amid uncertainty over sector revamp [HONG KONG] Chinese telecom stocks dropped more than 12 per cent yesterday after China Unicorn unveiled US$4O billion in deals, with investors cashing out amid lingering uncertainty over Beijing's industry revamp. Unicorn, smaller
      Reuters  -  482 words
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      406 2 Professional Development >f\^7* Programme for xm r Technology Transfer s. Renowned intellectual property coach, Marcel Mongeon who has served on the board of AUTM (Association of University Technology Managers) is coming to Singapore to conduct a series of training on Intellectual m Property and Technology Transfer. Marcel has assisted many
      406 words
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      Lock icon Page 2 Advertisements Column 2
      11 2 WORLDWIDE HOTEL RESERVATION www.luxury.com.sg Complete with rates and location map tms*
      11 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      78 3 Isn't it interesting how seductive solidity is in times Independent Asset J Managers Family Office Global Custody iU A V Investor Services 1/ r| \C^ f Asset Management |F\ f^ f^ f^ Investment Funds 111 \V^ LI I V^ V^ f M v M. -1 Bank Pictet Cie (Asia) Ltd
      78 words
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      60 4 Diamond sponsor: In partnership with: nCIMBISLAMIC f@| Gold sponsors: H« n BANK NEGARA MALAYSIA Brought tO yOU by. BNP PARIBAS OSK Investment Bank central bank of Malaysia BLJKSA MA^AYSIA Silver sponsors: S(tj& Suruhanjaya Sekuriti M FC E AMANAH RAYA JMF -tftT" I T ill -^rf asset management BIMB SECURITIES SDN
      60 words
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      109 4 ZAP UJ for daily inspirational quotes Brought to you by Ermenegildo Zegna Hear from established business gurus like Donald Trump, Warren Buffett, Richard Branson and the likes, and stay at the forefront of the business arena. Win a pair of Ermenegildo Zegna Sunglasses worth $600! To Zap: Via SMS Via
      109 words
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      186 5 Dreams. Realities. o I 03 O The tower cranes are still. The drills are At Citi, we work around the world and around silent. And for a weary group of Guangzhou the clock, providing our clients with innovative 1 construction workers, the long work day has thinking and new opportunities.
      186 words
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  • COMPANY NEWS
    • Article
      Lock icon Keep an eye on rising long-term interest rates
      714 6  -  SIOW LI SEN LONG-TERM interest rates have started to rise. This hardly matters for many retail savers who put their money in short-term fixed deposits of mainly three to 12 months. But some who are switching out of their low interest rate
      714 words
    • Article
      Lock icon OCBC issue's placement tranche closes after hot demand
      279 6 THE placement tranche of OCBC Bank's preference share issue is more than three times over-subscribed, the bank said last night. Applications for its Class B Preference Shares under the placement tranche have closed and the bank has stopped accepting new applications for
      279 words
    • Article
      Lock icon Contingency plans for derivative market
      399 6  -  CHOW PENN NEE Exchange seeks alternative trading option in event of access interruptions By THE Singapore Exchange is proposing to allow derivative trades to be executed off-exchange, in the event of emergency situations, as part of its contingency measures. SGX said that its concern is
      399 words
    • Article
      Lock icon Interesting pattern emerges in US investors' S'pore deals
      732 6  -  CHUANG PECK MING By A PATTERN appears to have emerged recently in American investments in Singapore's stock market: when investors from the United States snap up stocks around the world, they dump stocks on the Singapore Exchange (SGX) and vice versa. The
      732 words
    • Article
      Lock icon At a glance
      1035 6 Notes: Net Profit refers to profit attributable to equity holders. -Trust REITS: Net profit is income available for distribution, turnover is gross revenue and EPS is DPU. Chasen: Comparative figures are for 15 months from Jan 1,2006 to March 31,2007. City Spring: Current results are for 15
      1,035 words
    • Article, Illustration
      Lock icon Keppel secures US$385m Brazilian order
      423 7  -  VINCENT WEE Repeat rig order from drilling contractor group By KEPPEL Corp, through Keppel Fels, has secured a US$3B5 million repeat order for its proprietary DSS 38 semi-submersible deepwater drilling rig from Brazilian drilling contractor group Queiroz Galvao Oleo c Gas (QGOG). The contract price
      423 words
    • Article
      Lock icon AIS puts 3G plan on hold pending regulatory nod
      392 7 Reuters [BANGKOK] Advanced Info Service (AIS), Thailand's top mobile operator, has put off a plan to expand and launch a new high-speed Internet service, pending regulatory approval to import equipment, a top executive said yesterday. AIS was the first Thai operator
      – Reuters  -  392 words
    • Article
      Lock icon More transparency will better serve StarHub
      527 7  -  LEE U-WEN COMMENTARY By disclosing its cable TV arm's profitability, company can help subscribers appreciate why prices are not coming down By second-largest phone and pay-TV firm stressed that this is part of its long-term goal of offering subscribers greater choice and value for
      527 words
    • Article, Illustration
      Lock icon CWT in for $85.7m gain from warehouse dea
      345 9  -  WINSTON CHAI Logistics group in proposed sale-and-leaseback transaction By LOGISTICS group CWT Ltd stands to realise a gain of $85.7 million from the sale of one of its biggest warehouse facilities in Singapore. The company yesterday said it has entered into a
      FILE PHOTO  -  345 words
    • Article
      Lock icon KS Energy plans to add oil rigs, buy stakes
      599 9 -Reuters SINGAPORE'S KS Energy Services aims to expand by adding two rigs a year to its fleet of onshore and offshore oil drilling rigs and may take stakes in assets or firms in a booming oil services sector. "The plan is
      -Reuters  -  599 words
    • COMPANY BRIEFS
      • Article
        Lock icon StarHub president to leave for NZ in July
        125 9 Bloomberg MIKE Reynolds, president at Star Hub Ltd, will join New Zealand Communications Ltd as chief executive officer. Mr Reynolds will relocate to Auckland from Singapore next month, New Zealand Communications, formerly known as Econet Wireless New Zealand Ltd, said in a
        Bloomberg  -  125 words
      • Article
        Lock icon Thakral COO resigns
        52 9 THAKRAL Corporation has announced that Sherman Kwek Eik Tse has resigned as chief operating officer to "pursue other business interests". His last day with the company will be on Sept 1. Mr Kwek is the son of Kwek Leng Beng, chairman of Hong Leong Asia, a deemed
        52 words
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      Lock icon Page 6 Advertisements Column 1
      53 6 Air Astana the National Carrier of Kazakhstan offers flights from To book and buy contact your travel agent Bangkok (3X Weekly), or Air Astana at +65 6223 8377 Beijing (6x weekly) and For fartherj^L" website Seoul (2x weekly) to domestic Kazakhstan and Europe via Almaty 4R 3IT SStana on Boeing
      53 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Is risk aversion about to hit again?
      719 8  -  LARRY WEE CURRENCIES Watch commodity prices, Nasdaq and yen for early warning signals READERS may recall that in the first two weeks of March, both Wall Street and the US dollar suffered a nervous sell-off that instigated a bout of risk aversion trades
      719 words
    • Article
      Lock icon Financial market recap
      228 8 Changes over the past week YEAR TO DATE JUNE 3'08 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 104.45 0.66 112.05 95.71 SGD 1.3616 -0.60 1.4542 1.3457 IDR 9310 0.70 9500 9035 THB 32.60 0.96 33.59 31.00 CNY 6.9250 -0.91 7.2085 6.9250* MYR 3.2260 0.42 3.3120 3.1310
      228 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 6 5 0 0 0 5 6 5 lanufacturing 39 62 68 16 48 71 84 Commerce 14 24 27 22 28 31 'pt/Stor/Comms 19 11 20 11 :inance 20 20 Construction 13 'roperties 19
      94 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      109 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 39,252 39,252 149,862 149,862 lanufacturing 210,980 33,180 244,160 290,260 4,143 294,403 Commerce 50,835 31,141 81,976 85,290 11,552 96,842 ■pt/Stor/Comms 114,620 5,308 119,928 326,448 2,049 328,497 :inance 39,619 1,400 41,019 414,329 371 414,700 Construction 15,206 5,518 20,724 3,021 399 3,420
      109 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 8 lapitaLand 6.230 -0.120 lapitaMall 3.370 -0.020 jtyDev 11.260 -0.140 losco Corp 3.340 -0.060 IBS Grp 19.420 -0.260 :&N 4.920 -0.080 Sent Intl 0.635 -0.010 IK Land 4.750 +0.020 ISH 18.180 +0.120 lardineC&C 18.000 +1.520 leppel Corp 12.120 -0.220 leppel Land 5.200 -0.100 IOL 3.700 -0.130 loble
      107 words
    • Article
      Lock icon BROKERS' TAKE
      846 8  -  LYNETTE KHOO Raffles Education June 3 close: $1.28 DBS VICKERS, June 3 WE attended a briefing yesterday by Chew Hua Seng on the announced joint venture by Raffles Education Corporation (REC) with Educomp in India and China. Investment amount will total US$lOO million in India and US$5O million
      846 words
    • Article, Illustration
      Lock icon Wall St selling drags STI down 34 points
      547 8  -  R SIVANITHY STOCKS STOCKS picked up where they left off on Monday, with the Straits Times Index (STI) dropping 34.11 points to 3,153.94 yesterday in response to Wall Street's overnight plunge. That the US market's fall had been foreshadowed by the local
      547 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      51 8 CLOSE -487.00 +9.0C IT OB/OS IT CADI -*****.00 -76.0' IT 10-day MA -*****.00 -49.0' TSE ST Mid Cap 798.37 -4.4! TSE ST Small Cap 671.23 -0.9: TSE ST All Share 804.90 -6.9: TSE ST China 468.28 -0.9i IOB Catalist 154.97 -1.7i iMSCI 385.80 -4.8! iMSCI Future 384.80
      51 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Gent Intl 54,407,000 Golden Aqri 47,717,000 SingTel 40,023,000 Yanqzijianq 31,102,000 Ocean us 29,558,000 DBS DBeCWOBIOI3 22,460,000 Unisteel 21,285,000 DBS MBL eCWOBO9OS 19,007,000 CapitalanMßLeCWoBo9o3 18,910,000 SinqTelMBLePWOBlOlO 15,381,000 VALUE(S) SingTel 147,395,258 UOB 135,619,660 DBS Grp 134,606,160 Keppel Corp 84,134,380 CapitaLand 78,378,410 SGX 74,474,330 Wilmar 70,206,913 OCBC Bk 58,218,620
      58 words
    • Article
      Lock icon RISES
      102 8 BY CENTS CLOSE UP 1800 152.0 9.2 lardine C&C LD 10US 8855 148.5 1.2 IMH 3300 81.8 1.9 ICBCCai :.93%Pref10 9990 20.0 0.2 Boardroom 75 17.0 29.3 ISH 1818 16.4 0.7 Unisteel 176 13.0 8.0 itraits Tn 740 12.0 1.6 'enture Con 1030 10.0 1.0 Teative Tech 660 9.0
      102 words
    • Article
      Lock icon FALLS
      110 8 BY CENTS CLOSE DOWN 1744 -77.7 -3.2 China H 10US India Ni 10 1503 -37.0 -2.. OCBC Bk4.5%NCPS 100 ***** -28.0 -0.3 UOBMBLJCW*****0 660 -28.0 -4.1 iBS Gr| 1942 -26.0 -1.: >ain 550 -24.5 -3.2 ilanMBLiCW***** 214 -23.0 -9.7 Con 1212 -22.0 -1.i S I A 1584 -22.0 -1.4
      110 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      81 8 Jun3 CLOSE CHNG FRJUI12 YR SSLOW R2008 S$ HIGH USS 1.3616 0.07 1.4542 1.3457 Euro 2.1237 -0.25 2.2064 2.0474 Pounds 2.6779 -0.17 2.8431 2.6568 1.3069 -0.56 1.3235 1.2349 ren* 1.3036 -0.30 1.4484 1.2832 Rupiah* 0.***** 0.12 0.***** 0.***** Baht* 4.1767 0.13 4.4299 4.1630® Peso* 3.1172 0.43
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      220 9 w Sing Tel is the first in the world to launch Bloomberg Mobile an exclusive financial mobile service in Singapore. It allows you to personalise your stock picks and track your stocks, receive up-to-the-minute financial news, monitor global market indices and more. Sign up for Bloomberg Mobile and stay one
      220 words
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      307 10 I Wm -mm ME IB US I If your IT system goes down, will the rest of your business follow? Our reliable architecture keeps you on firm ground. numerous applications reside. Drawing on our expertise in C^ The moment you think you're prepared for anything, multiple platforms and storage management,
      307 words
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  • SINGAPORE NEWS
    • Article
      Lock icon S'pore is biggest Asian investor in Japan
      743 11  -  CHUANG PECK MING And Republic is third largest destination in the region after Thailand and China for Japanese MNCs By SINGAPORE still figures large in Japan the world's second-biggest economy despite the rise of emerging economic giants China and India. Among Asian economies,
      743 words
    • Article
      Lock icon Sim Lian Land is top bidder for DBSS site at Simei
      325 11 SIM Lian Land Pte Ltd yesterday emerged as the top bidder in a Housing Development Board (HDB) tender for a Design, Build and Sell Scheme (DBSS) site at Simei Road. The $52 million bid, or $137 per square foot
      325 words
    • Article
      Lock icon Singapore named 'Best Seaport in Asean'
      218 11 THE Port of Singapore has received yet another accolade this time the inaugural "Best Seaport in Asean" award at the Frost Sullivan Asean Transportation and Logistics Awards last night. "We are very thankful to the maritime community for reaffirming Singapore as its preferred port
      218 words
    • Article
      Lock icon Citibank launches new US online shopping service
      283 11  -  CHARMIAN KOK By CITIBANK Singapore has launched a new online shopping service, Globeshopper, giving its credit card customers access to more than 300,000 online stores from the US. The new service was made possible by an exclusive five-year partnership agreement with Borderlinx, a
      283 words
    • Article, Illustration
      Lock icon Drive to recruit 3,000 for F1 race weekend
      335 11  -  NISHA RAMCHANDANI Temporary staff required to meet heavy service needs By WITH the 2008 Formula 1 Sing Tel Singapore Grand Prix less than four months away, organiser Singapore GP (SGP) is recruiting talent in droves to meet the heavy service needs of
      335 words
    • Article
      Lock icon Chees drop appeal, will start jail term today
      148 11 SINGAPORE Democratic Party (SDP) chief Chee Soon Juan and his sister Chee Siok Chin have decided not to appeal against their convictions and will serve out their jail terms from today. According to the SDP website, they will present themselves in court
      148 words
    • Article
      Lock icon S'pore and US to cooperate on civil aviation security
      211 11  -  LIM WEN JUIN Pact covers policy, procedures and technology by SINGAPORE yesterday became the first Asia-Pacific country to sign a memorandum of co-operation (MOC) with the US Department of Homeland Security's Transport Security Administration (TSA) to work together on improving civil
      211 words
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      177 11 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      177 words
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      214 11 Braadeasthsia2ooB The 13th International Digital Multimedia Entertainment Technology Exhibition Conference Asia's Premier Digital Multimedia Entertainment Event Exhibition Be the first in Asia to experience Super Hi-Vision Over 700 Leading Exhibitors Pre-reClister Cutting edge technologies from over 30 countries www.Broadcast-Asia.com Conference Sessions Prominent industry speakers Latest industry topics HD Xperience Experience
      214 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon ECB marks 10th year with tributes to euro
      616 12 -IHT [FRANKFURT] Top European officials on Monday celebrated the 10th anniversary of the European Central Bank, the institution responsible for the stability of the common European currency, in a ceremony heavy on economic prescriptions and light on rhetoric. The ECB president, Jean-Claude
      -IHT; REUTERS  -  616 words
    • Article
      Lock icon US stagflation unlikely as wages stay flat
      633 12 Reuters Economists also point to strong productivity gains, lack of union power [WASHINGTON] Dow Chemical Co hiked prices on products used in everything from diapers to antifreeze. American Airlines wants US$l5 to check your luggage. Then there is US$4 petrol and those rising
      – Reuters  -  633 words
    • Article
      Lock icon US is not in a recession, says Blackrock's Bob Doll
      425 12 Reuters Aggressive fiscal and monetary policies prevent it [NEW YORK] The US economy isn't falling into recession, owing to aggressive monetary and fiscal policies, which should bode well for equity prices, said Bob Doll, global chief investment officer of equities
      Reuters  -  425 words
    • Article
      Lock icon S Korea vows to achieve price stability
      361 12 Reuters Inflation hits 7-year high in May; forex reserves fall USs2.2Bb to USs2sB.2b [SEOUL] South Korea vowed yesterday to bring inflation under control after it hit a seven-year high in May, a month when the government appeared to spend the most in a
      Reuters  -  361 words
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      1404 12 CHEMICAL INDUSTRIES (FAR EAST) LIMITED. M M 3 JALAN SAMULUN, SINGAPORE *****7. TEL: 6265 0411 FAX: 6265 6690 Company Registration No. *****0046K NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Forty-fourth Annual General Meeting of Chemical Industries (Far East) Limited will be held at the Registered Office of the
      1,404 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Umno retreat could get heated
      581 13  -  S JAYASANKARAN Abdullah's rivals attending could be attacked by prime minister's supporters By in Kuala Lumpur A THREE-DAY retreat starting tomorrow for members of the supreme council of the United Malays National Organisation (Umno) meant to "brainstorm" the party's future could get nasty. The retreat
      BLOOMBERG, THE STAR  -  581 words
    • Article
      Lock icon April's 20.9% export jump fastest since 2004
      509 13 Bloomberg [KUALA LUMPUR] Malaysia's exports increased at the fastest pace in 3 1/2 years in April as surging global prices lifted sales of palm oil, and electronics shipments rebounded. Overseas sales rose 20.9 per cent from a year earlier to RM55.8 billion (5523.5
      ■ Bloomberg  -  509 words
    • Article, Illustration
      Lock icon Abdullah urges bolder global response to soaring prices
      479 13 ■AP [KUALA LUMPUR] Malaysia's leader urged the world yesterday to consider drastic steps to ensure fuel and food security, including curbing oil speculation. Prime Minister Abdullah Ahmad Badawi said the steep rise in world oil and food prices demands a coordinated global
      ■AP; m REUTERS  -  479 words
    • Article, Illustration
      Lock icon KL to lift petrol and diesel price controls in August
      421 13 AP [KUALA LUMPUR] Malaysia will remove price controls on petrol and diesel, allowing retailers to sell fuel at market rates in an attempt to reduce the government's ballooning subsidy bill, a Cabinet minister said yesterday. The new price structure will
      AP; REUTERS  -  421 words
    • Article
      Lock icon BURSA MALAYSIA
      2247 13 lull 3 RM COOO) \&M Realty \bricBhd \dvance Synergy \dventa Bhd \eMulti Hldgs \ffin Holdings \hmad Zaki Resou Me Corp Mrasia Bhd \kn Technology Mliance Financi Muminium Co Amalgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare \pl Industries
      2,247 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon HK broadcasting watchdog under fire for decision on Li
      580 14  -  JANE MOIR It says no breach of cross-ownership law as his PCCW stake is held in trust By in Hong Kong HONG KONG's broadcasting watchdog has come under fire for deeming PCCW boss Richard Li to be outside cross-ownership laws because
      BLOOMBERG FILE PHOTO  -  580 words
    • Article, Illustration
      Lock icon China Merchants buys Wing Lung for US$4.7b
      348 14 Reuters [HONG KONG] China Merchants Bank has agreed to buy control of Wing Lung Bank for U554.66 billion in a deal allowing China's sixth-largest lender greater access to the Hong Kong market. After initially dropping out of the auction, China Merchants Bank returned
      Reuters; REUTERS  -  348 words
    • Article
      Lock icon China faces blackouts, partly due to quake damage
      302 14 -AFP [SHANGHAI] Large areas of China could face blackouts in the coming months in part due to last month's earthquake, which damaged several hydropower dams and curtailed coal mining, state media reported yesterday. Guangdong province in the south, one of China's manufacturing
      -AFP  -  302 words
    • Article
      Lock icon Asia's largest gaming expo opens in Macau
      492 14 -AFP But growth of city's casino industry seen slowing significantly [HONG KONG] Asia's largest gaming exhibition began in Macau yesterday but concerns are growing that rising labour costs and infrastructure hurdles could test the Chinese city's stellar economic growth. More than 6,000 gaming
      -AFP  -  492 words
    • Article
      Lock icon India minister's China visit to focus on trade
      483 14 Reuters But he comes under fire at home for 'appeasing' Beijing [NEW DELHI] India's foreign minister visits China this week, under pressure at home for "appeasing" his country's powerful northern neighbour over a long-running border dispute and over Tibetan protests. Pranab Mukherjee's
      Reuters  -  483 words
    • Article
      Lock icon CIC eyes private equity, commodities, distressed debt
      405 14 Reuters [PARIS] China's sovereign wealth fund wants to make more private equity investments and is interested in principle in commodities and distressed debt, its chief investment officer Gao Xiqing said yesterday. Besides keeping an eye on alternative asset classes, the fund was making
      – Reuters  -  405 words
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      35 15 Covering each corner of the world, we meet your logistics needs. Thanks to our flexibility, x T'\ we provide you worldwide adapted <sf r~>r 8a%% logistics solutions. J Air Freight Sea Freight Road Customs Logistics
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  • WORLD
    • Article
      Lock icon Lehman raising capital, might post Q1 loss
      477 16 -Reuters, NYT Wall St's 3 biggest investment banks get harsh S&P downgrade [NEW YORK] Lehman Brothers Holdings Inc may raise billions of dollars of fresh capital, suggesting the investment bank will post its first quarterly loss since going public, the Wall Street Journal
      -Reuters, NYT  -  477 words
    • Article, Illustration
      Lock icon British lender gets private equity lifeline
      512 16 ■NYT [LONDON] A leading British mortgage lender was forced on Monday to seek emergency help from investors and cut the price of a planned share sale as more borrowers defaulted on mortgages, sowing fears that the global credit crisis was weighing heavily on the
      ■NYT; BLOOMBERG  -  512 words
    • Article
      Lock icon Bernanke signals discomfort over weak US dollar
      422 16 AP, Reuters [WASHINGTON] United States Federal Reserve Chairman Ben Bernanke yesterday issued a rare warning on the risks that a weak dollar poses for inflation, but said that US interest rates are "well positioned" for an economy facing both price pressures and threats
      AP, Reuters  -  422 words
    • Article
      Lock icon Mosley to stay FIA president; decision upsets critics
      229 16 Bloomberg [LONDON] Max Mosley won the right to remain president of Formula One's ruling body yesterday after a sex scandal. Members of the Federation Internationale de l'Automobile (FIA) voted 103-55 in favour of the 68-year-old Englishman staying on a decision that upset
      – Bloomberg  -  229 words
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      311 16 GOOD MORNING enjoy breakfast on us We give you more reasons to book your guests with us. Enjoy a delectable gourmet buffet breakfast* at AquaMarine with our compliments, when your guests stay in our new Executive Deluxe and Premier Rooms. #> *Valid from now till 31 August 2008. Terms and
      311 words
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  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon Facing the music at the arts fest
      684 17 Rock the Sub returns on Saturday with local bands on two stages while Blues at the House on June 14 includes acts from the region, writes CHRISTOPHER LIM NEW standalone music festivals are constantly being launched in Singapore, but music has always remained
      684 words
    • Article, Illustration
      Lock icon Cutting-edge show that keeps evolving
      448 17  -  UMA SHANKARI 'no direction' looks at how disparate people still connect By TOKYO-BASED collective Nibroll's choreographer Mikuni Yanaihara first hit upon the idea for no direction when she was wandering about directionless in Taipei. A traveller who always carries a map when she visits a
      448 words
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      83 17 H^^^^jy^ lower emissions "^SSiBB vr 188 Power Versatility Bt JM Beyond luxury J^^P^L PaJa<4ui> IHL rorieCVlOn 4^L The art of technology A -^^^i^^Bf I IM BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENGKEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/*****811/*****822/*****833. OPEN MON-SAT: BAM TO 7.30PM. SUN: 10AM TO 6PM. Q^^ It~
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      76 18 RICHARD MILLE RICHARD MILLE SPACE AGE MEETS TRADITION I^U IM L fl #iVV f- i^y^^^F"* <9 J RICHARD MILLE brings to Singapore a 21 st century CALIBER RM 020 concept store where every detail carries the enduring signatures om iALtimekeeper tourbillon pocket watch of his work Understated, Provocative design finished
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  • AVIATION
    • Article, Illustration
      Lock icon Airlines with Asia, M-E markets better placed to face storm
      566 19  -  YEN SREENIVASAN By in Istanbul Global carriers hit by double whammy of soaring costs and falling revenue FINANCIALLY strong airlines that operate longhaul services to fast-grow-ing markets in Asia and the Middle East and earn a significant portion of their
      3 REUTERS  -  566 words
    • Article
      Lock icon Passengers might be treated 'like freight' to beat fuel hike
      217 19 Bloomberg [ISTANBUL] Imagine two scales at the airline ticket counter, one for your bags and one for you. The price of a ticket depends upon the weight of both. That may not be so far-fetched. "You listen to the airline
      – Bloomberg  -  217 words
    • Article
      Lock icon Emirates plans capacity expansion
      245 19 Bloomberg [ISTANBUL] Emirates, the largest Arab airline and the biggest customer for Airbus SAS's A3BO superjumbo, predicts it will expand capacity by 15 to 20 per cent next year, citing "robust" growth in air travel. "We're finding markets incredibly robust at this time," president Tim Clark
      Bloomberg  -  245 words
    • Article
      Lock icon Jet, Kingfisher raise levy on oil price hikes
      421 19 Bloomberg [MUMBAI] Jet Airways (India) Ltd, the nation's biggest domestic carrier, Kingfisher Airlines Ltd. and other carriers raised their fuel surcharge by as much as 550 rupees (5517.60) to recover higher oil costs. Jet Airways and its low-fare unit Jet Lite Ltd.
      Bloomberg  -  421 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2527 19 AIRLINE CODES: AA: American Airlines (AAL ance (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bang es (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA Airways
      2,527 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      281 19 CRYPTIC CROSSWORD I The moon's faint shimmering suits the Bard's play I^HI B®^ r —^^—^^—^^—^^—^H——^^—^^— members kept outside and reduced in status (9) __HH__HB__^M__JB_H^^^JH_HB__ ■'I i'ii-'I i■r —^h -^^I—^^J—^^^V^^^^J—^^J— II Jumped in meadow, a form 12 Country girl almost hiding __^l__^l__^_^J__^J__ love (4) I^H 13 Support that is keeping pair
      281 words
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  • SHIPPING
    • Article
      Lock icon Classifying good living conditions
      927 20  -  DAVID HUGHES STRAIT TALK Providing decent living quarters may not solve officer shortage but it needs doing By m ITH an officer m shortage on the world fleet starting to look a bit like a crisis, shipowners and managers have become very interested in how to
      927 words
    • Article, Illustration
      Lock icon Strategic Marine cashes in on crew boats
      489 20  -  VINCENT WEE It uses extra capacity to meet demand from offshore market By CREW boat building is often forgotten amid the other more exciting and high-value segments of the offshore and marine industry but it is nonetheless a crucial and fast growing area.
      STRATEGIC MARINE  -  489 words
    • Article
      Lock icon EU court upholds law criminalising ship pollution
      313 20 Bloomberg [LUXEMBOURG] The European Union's (EU) highest court has upheld an EU law that makes maritime pollution a crime, increasing pressure on shipping companies to control waste and avoid spills and other accidents. The European Court of Justice in Luxembourg yesterday rejected arguments
      Bloomberg  -  313 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        108 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.65 0.38 3.34 0.77 2.81
        108 words
      • Article
        Lock icon KLSE
        35 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.83 9.40 9.30 3.96 unch 0.20 unch 0.02 unch -0.05 -0.08 unch -0.01 unch 9< SO' 252) 79! 2 21
        35 words
      • Article
        Lock icon BANGKOK
        12 20 ■oo 'recious Ship Regional Cont .23.70 .24.30 0.30 -0.10 59! 46)
        12 words
      • Article
        Lock icon HONGKONG
        12 20 '000 lun Doil iingamas Cont .50.55 ...2.37 -1.95 -0.05 39: 1111
        12 words
      • Article
        Lock icon PHILIPPINES
        16 20 '000 Aboitiz Equity Intl Container Keppel Marine 7.20 33.00 unch unch unch unch 655! 40!
        16 words
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        Lock icon TAIPEI
        19 20 lun Evergreen Marine ....27.10 :irst Steamship 66.90 Wan Hai Lines 26.75 fang Ming Marine...23.40 -0.15 -1.00 -0.45 -0.40
        19 words
      • Article
        Lock icon TOKYO
        36 20 '000 :awasaki Hvy Ind ..329.00 -1.00 ***** :awasaki Kisen ....1143.00 -40.00 5004 /litsubishi Hvy 564.00 18.00 ***** /litsui Eng&Sbldg...407.00 2.00 ***** /litsuiOsk Lines ...1573.00 -60.00 ***** Jippon Express 522.00 -16.00 3919 lipponYusen 1054.00 -37.00 5975
        36 words
    • Article
      Lock icon DHL attains pharmaceutical int'l standard certification
      425 20  -  VINCENT WEE By' DHL's supply chain arm DHL Exel Supply Chain has gone one step ahead of the competition in the pharmaceuticals and medical devices space by becoming the first third-party logistics (3PL) player in Singapore to achieve the ISO ***** certification an international
      425 words
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      146 20 International Ship Classification J^TEGRTTYSERVIC^QUAUTY Keeping you ISCLasS at tAie forefront t^i^^ J of maritime safety, security and WHmiSgmSgjjM environmentai protection B^^^«^^ Fi| Ik i^^ iT^^^^O only 1(3155 5 DAYS V**\ Mmwi eflulcn 27 vt Wlraxinl Mulch J8 F^lF^fc B^ W J colour code &BIU 1 I fffHßiiTffiWTyffWfffi j Bid price
      146 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Tackling the challenge of 'agflation'
      487 21 NEVER before has a global food summit attracted as much attention as the one currently underway in Rome, where the United Nations' Food and Agriculture Organisation (FAO) is based. The deliberations in the Italian capital over the next four days will be of critical importance
      487 words
    • Article, Illustration
      Lock icon Indian top talents choose to stay home
      872 21  -  ANDY MUKHERJEE Graduates from the seven lITs feel that India offers them a better standard of living now FOR almost 50 years, the hard-earned money of India's taxpayers has gone down the "brain drain" as many of the engineers trained at the prestigious
      FILE PHOTO  -  872 words
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      Lock icon Govts to lead in mending Sino-Japan relations
      777 21  -  FRANK CHING THE BOTTOM LINE THE Sichuan earthquake disaster has highlighted many changes in China, such as its willingness to accept outside aid in contrast to the 1976 Tangshan earthquake, when Beijing insisted on self-reliance and refused all offers of assistance. In terms
      777 words
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      Lock icon The GST trap of sponsorship
      1316 22  -  WONG SZE TEEN YEO KAI ENG By and Donors and recipients need to account for 7% GST to the IRAS or they may have less funds than anticipated SINGAPUKH lias put itseli on the world map after clinching the rights to host several high-profile international
      m FILE PHOTO  -  1,316 words
    • Article, Illustration
      Lock icon Cap-and-tax is the way to deal with greenhouse gas emissions
      841 22  -  ROBERT SAMUELSON WE'LL have to discard the old adage, "Everyone talks about the weather, but no one does anything about it." In this era of global warming, it is inoperative, because the whole point of controlling greenhouse gas emissions is
      REUTERS  -  841 words
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      31 22 Lianhe Zaobaol Properly f 9 sector's ggl views Sjfl on m-b govt f land sales 1 1 J^ L CATS Recruit The first door to your world of opportunities 5 < o
      31 words
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  • CREDIT CRUNCH
    • Article
      Lock icon When very rich folks feel the pinch
      1239 23  -  CHRISTINE HAUGHNEY M \/_J, -NYT They sell spare diamonds, pare down watch collections, worry that their spouses will leave them, and turn to food for comfort By in New YorK NANCY Chemtob, a divorce lawyer in Manhattan, has found that her days have
      -NYT  -  1,239 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8266 23 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.92/ Star Europe Bond 1.17/ Star Europe Bal 1.149/ Star Asian Tiger Eqty 1.336/ Star Asia Bond 1.166/ Star Asia Balanced 0.966/ Star Global Technology Fund!" 0.199/ MultiStFd 0.815/ Star Asia Bond(USD) 0.855/ Gib Multi St USD 1.072/ Asia
      8,266 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      5916 24 Transaction date: Jun 3 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hii Coi 22 6.5 iiJ! lf£Z ml fil S sf°sTe 24? 71] IS &l'M C°. r.P ,j? S
      5,916 words
    • Article
      Lock icon SGX XTRANET
      80 24 52-Wk Tel High Low Code Last Sale Vol COOP) Day ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech US200 US6200 250 60 1000 1000 6097 IS MSCI Spore ***** *****
      80 words
    • Article
      Lock icon SGX CATALIST
      1927 24 Hii |h Low Code Comi >an' Sale C000) Hii Low By ler Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5
      1,927 words
    • Article
      Lock icon CLOB INTERNATIONAL
      249 24 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
      249 words
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      31 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. gM pSfe* 'm 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. ';V;JI Internet: Http://www.audemarspiguet.com |^P^* Wk /M
      31 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      357 25 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Jun 2 World Index Preliminary 1056.3 -0.6 -6.7 -0.5 -9.5 -0.6 -4.! EAFE Preliminai 1013.8 -0.4 -9.5 -0.3 -10.1 -0.4 -5.1 Euro[ Prelim inan 1376.2 -1.0 -10.8 -1.2 -12.1 -1.2 -7.2 Pacific
      357 words
    • Article
      Lock icon PALM OIL
      59 25 Jun 3 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Jun 08 3553 Jul 08 3513 AugO8 3514 SepO8 3511 Total o/p: ***** contracts 3537 3554 3535 3512 3533 3508 3530 3537 3509 3532 3542 3511 Turnover: 7372 Market tone: Higher 98
      59 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 25 Jun 3 ten Hii Sett STI IIMSCI Jun 388.5 388.8 384.8 "aiwan Jun 333.6 334.9 328.7 Source: MF Global (S) He. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Sun 3 SS Bid Offer 1-month 1.3607 1.362 2-months 1.3591 1.3605 3-months 1.3577 1.3591 6-months 1.3535 1.355 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 25 Jun 3 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3033 1.3046 0.9564 0.9566 Canadian dollar 1.3635 1.3650 1.0006 1.0009 Euro 2.1240 2.1263 1.5587 1.5591 NZ dollar 1.0699 1.0710 0.7851 0.7853 jterlini 2.6780 2.6805 1.9652 1.9655 US
      156 words
    • Article
      Lock icon SICOM FUTURES
      279 25 Jun 3 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 Apr/Jun 09 425.00 422.25 418.50 414.75 415.75 417.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      279 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 25 As at 9am Jun3 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2940 1.3090 .an dollar 1.3540 1.3700 Euro 2.1080 2.1320 NZ dollar 1.0620 1.0840 iterlini ind 2.6650 2.6951 US dollar 1.3570 1.3720 Local dollars to 100 units of foreign currency:
      129 words
    • Article
      Lock icon INTERBANK RATES
      160 25 Jun3 $S Offer Bii Overnight 1/4 1-month 1 1/16 2-months 1 3/16 3-months 1 1/4 Overnight mode: 1/4 US$ Offer 1/8 15/16 1 1/16 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 2.65 2.75 2.90 3.05 3.20
      160 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 25 Jun 3 AS _CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.956 6.625 0.614 7.465 40.739 89.122 0.997 9.723 3.089 1.218 64.277 41.880 1.304 7.413 0.987 28.964 31.227 0.487 0.957 Canada 1.046 6.931 0.642 7.811
      465 words
    • Article
      Lock icon PRECIOUS METALS
      128 25 Jun 3 /oz) fun fun Hong Kong .ondon 884.60 895.00 885.60 896.00 Jun 02 May 30 896.20 887.80 897.20 888.80 Source: Reuters CAST BAR (S$) JunO3 Buying Sellim Kilobar "42,036.02" ***** PAMP GOLD BARS (SS) Selling Buying gm igm Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 94.16 267.5
      128 words
    • Article
      Lock icon LONDON METALS
      64 25 Jun2 Co iiuiii, yy.i (US$/tonne) Close Previous in :ash 2884.20 2888.21 months 2929.50 2931.01 Copper, Grade A (US$/tonne) ;ash months 8060.00 7930.00 8062.01 7935.01 .ead (US$/tonne) :ash 1996.00 months 2014.00 1956.51 1975.01 lickel (US$/tonne) ;ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) iash months *****.00 *****.01 *****.00 *****.01
      64 words
    • Article
      Lock icon LIFFE
      75 25 Jun2 COCOA (Btonne) Close Prev Hii ih/Low Jul 08 1510 1472 1513/1479 SepO8 1492 1461 1493/1469 Dec 08 1483 1451 1484/1460 Mar 09 1459 1429 1461/1436 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2283 2264 2290/2225 SepO8 2278 2257 2286/2217 Nov08 2261 2232 2270/2205 Jan 09 2239 SUGAR (US
      75 words
    • Article
      Lock icon SIBOR
      68 25 Jun 3 mth 2.***** 1.***** mths 2.***** 1.***** mths 2.***** 1.***** mths 2.***** 1.***** mths 3.***** 1.***** 2 mths 3.***** 1.***** iWAP Offer rates (S$) mth 0.***** mths 1.***** mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.*****
      68 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 25 Jun3 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****V 04.09.08 1-Year BY*****N 04.05.09 0.88 1.02 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      101 25 Jun2 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1365.50 1363.50 1384.00 1358.00 Aug 08 1370.75 1368.75 1387.00 1365.50 Sep 08 1361.00 1356.25 1380.00 1353.00 Nov 08 1358.50 1354.50 1367.50 1347.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low lul 08 61.70 61.31 62.11 61.10 S.ug
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      73 25 CRUDE OIL PRODUCTS Jun2 origin] (/barrel Close Cham irent blend (1-Mth F) 128.32 0.74 WTI (Near Mth) 127.60 0.18 iubai (1-Mth F) 120.93 0.63 "apis blend 134.3 0.65 i/linas 129.85 0.65 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha let Kerosene 118.32 160.10 0.32 0.3 JS$/barrel )pec Oil Basket Price 121.68
      73 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      343 25 Jun 3 URODOLLAR FUTURES unO8 iepO8 DecO8 VlarO9 97.332 97.230 97.015 96.845 0 0 0 0 ***** ***** 9176 ***** EUROYEN FUTURES unO8 99.155 99.155 iepO8 99.090 99.105 DecO8 99.000 99.025 iepO9 ||-ijl| Vlar10 99.150 99.090 98.995A 99.155 99.095 99.015 98.910 98.800 98i635 198 109 175 1439
      343 words
    • Article
      Lock icon BONDS & WARRANTS
      1538 25 BONDS WARRANTS Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 2.5 -0.5 120 1 87 193 12.20 26 >878 Aztech Systems W*****6 3.5 -0.5 128 1 51 127 6.86 25 1014 Capitaland BNP ECW*****8 25.5 -2.5
      1,538 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2931 26 m The Business Times Shipping Times m KnH wtfi iSSSk iFg gfaylj m\\ wanhaiinternationalpteltd crno i**********/r m PV V^S WMiWLsl*Stm¥fflE I%T\.m\ IMAM UAI I IMFC TEL *****58 .8 t'4LINES) FAX:*****163 ™^L^4j *ll^^^^^"H WBEffWffipWW I NH Vt/\ll Flrtl LlllEj PKL nL: {03) *****888 FAX: <03| *****288 PEN TEL: (C 4) *****00
      2,931 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      3347 27 RICKMERS-LINIE \\~k~\ EASTERN CAR LINER. LTD If§ £J®3S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I ll Mm I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I ii.rri#iw rvnnroo o»ii mn oniirnui r USA Service n WbbKLY bXrriboo bAILINIi oLHbUULb Vessel I Vov SIN I ALT I HOU I
      3,347 words
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      5898 28 ISM BSW r\ shipping company/ 70 SheMon Way, #21 -03 Marina House' sjqciorao79l'l' fkSL uLUKT NhVIuAIIUN uKUUH I K^SPBiißHWlfßßiiPliliHii MMI Hi north west express line ®,£*m%k<*% «ws*a MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [lilts AtE aHIVaL lIaIES SINCE 1970 ■j^ffi I VESSEL I VOY Singapore Frenianlle Cocos Island Christmas
      5,898 words
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  • MOTORING
    • Article, Illustration
      Lock icon CNG-powered cars hitting sales high
      600 29  -  SAMUEL EE Rising pump prices, M'sian ban on petrol sales to foreign cars fuel increase By SALES of cars that can run on compressed natural gas (CNG) are powering ahead on the back of soaring petrol prices, with talk of a Malaysian ban on petrol
      600 words
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      Lock icon Borneo Motors finally brings in Toyota Wish
      545 29  -  SAMUEL EE It aims to win over consumers to nextgeneration model By BORNEO Motors Singapore's introduction of the popular Toyota Wish MPV could have come earlier. But the authorised Toyota and Lexus distributor hopes to use the launch as part of a plan
      _J | PHOTOS: TOYOTA  -  545 words
    • Article
      Lock icon It's not a repeat of the '30s or '70s
      847 30  -  POM PETRUNO Globalisation will reduce the chances of sustained inflation By IT WOULD be handy for investors if Wall Street could agree on which decade the US economy is about to relive. But increasingly, no period from the last century seems
      847 words
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      154 29 Bid price starts from $225 I 11^ I I Bidding ends 11.59pm, 8 June 2008 7||7| ,1 A^fc^fc^k^ v cameras PA^^lJp^L] gJ Nikon __^^^^M COOLPIXPSO tflH|l|RH| H| 8.1 megapixels H^PfR L J I FT f |_W I 1 fl •3.6xZ00m-NIKKOR lens with 28mm lIIH 1 I I 111 k I
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      208 30 www.dbFX.com Els the dollar turning? Be in the know and get on the winning side of the market! W&wm HI 111 HI Date: 19 June 2008 (Thursday) Time: 7 pm 9 pm Venue: Level 9, STI Auditorium, Capital Tower, 168 Robinson Road A Passion to Perform. Deutsche Bank L^J *Awarded
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  • MANAGING WEALTH
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      Lock icon 'I like the weather, cultural diversity and professional opportunities here'
      263 31  -  SIOW LI SEN By NIK Rossinsky has worked in the banking industry since graduation. So it's no surprise that when it comes to investments, he trusts his private banker. Mr Rossinsky, managing director and global market manager for Asean at
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      Lock icon Maintain a reserve to deal with volatility
      856 31 Nik Rossinsky tells SIOW LI SEN that diversification is the best policy for investing, backup is important when buying volatile stocks and family is his major expenditure Q: When did you begin investing? Was there a trigger factor which made you start? A:
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  • EXECUTIVE MONEY
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      Lock icon Where the trend is your friend
      1381 32  -  MICHAEL PREISS The markets of the GCC Arab countries are the hottest these days, with massive wealth being invested. Join the party THE Middle East and Africa are the best performing equity markets in the world so far this year. The sleepy but immensely
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      Lock icon Soft commodities offer diversification benefits
      733 32  -  CHEW SOON GEK By RISING food prices have grabbed headlines around the world in recent weeks. The price of rice an important staple in many countries has soared steeply, in US dollar terms by over 75 per cent since the beginning of the year. Prices
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      Lock icon Portfolios for every stage in life
      862 33  -  GENEVIEVE CUA One of the benefits of the life cycle fund concept is to strip away emotions from the investment process, says LIFE cycle funds seem to be almost a no-brainer for those who are saving for retirement and do not wish to shell
      862 words
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      184 33 Life Cycle funds Target maturity FUND VOLATILITY 1-YEAR 3-YEARS 5-YEARS SIZE 05/23/07- 05/23/05- 05/23/03 ($m) 05/23/05 05/23/08 05-23-08 05/23/08 GrowthPath Today UOB Asset Management Ltd GrowthPath 2010 UOB Asset Management Ltd 18.23 0.18 -3.09 8.2 21.71 12.47 0.23 -4.23 10.89 33.98 GrowthPath 2020 UOB Asset Management Ltd 223.36
      184 words
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      375 32 P| Saw Centre EO|\|US NUS Financial Studies V^ SCHOOL^ Kent Ridge Guild House, NUS -0 4 J o'i7a"nd 18 July 2008 VV) V\ Organized By y\ N Saw Centre for Financial Studies and Department of Finance, f NUS Business School This is an international conference that brings together high quality
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      313 33 Dear private banker, do you feel that you are in the business of human relationships? If so, EFG Bank is probably for you. We know your priority is to serve your clients. That's why we empower you to work with minimal bureaucracy and maximum creativity. No burdensome administration; no distracting
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