The Business Times, 15 October 2008

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Total Pages: 36
1 36 The Business Times
  • 23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg *S* A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Wednesday, October 15,2008
    23 words
  • 824 1  -  CHEW XIANG SIC comes down hard on Soh; OCBC takes break from takeover advisory By [SINGAPORE] Anthony Soh and OCBC Bank were yesterday censured by the Securities Industry Council (SIC) for their role in the botched takeover of Catal-ist-listed Jade Technologies. Law
    824 words
  • 835 1  -  ANDREW MARKS Maximum sum of USs2sb invested in Citigroup, JPMorgan, Wells Fargo; others take US$2-12.5b in New York THE United States Treasury Department, in its boldest move yet to shore up embattled banks, and prevent the collapse of the credit markets and
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  • MARKETS DIGEST
    • 16 1 AST INDEX 2,128.31 (+51.96) AST INDEX FUTURES 2,129 (+52) ASIMSCI 261.61 (+5.88) ASIMSCI FUTURES 263.60 (+9.60)
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.265 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 4.50 US 4.50 CANADA 4.50 SWITZERLAND 2.82 INDIA 13.75 Source:
      Bloomberg  -  29 words
    • 47 1 uesi iam KL COMP 966.06 +15.30 NIKKEI 225 9,447.57 +1171.14 HANG SENG 16,832.88 +520.72 SET INDEX 500.77 +24.44 JAKARTA COMP 1,555.97 +94.09 MANILA COMP 2,273.65 +154.90 SEOUL COMP 1,367.69 +79.16 SHENZHENB 272.59 -1.47 MUMBAI IND 11,483.40 +174.31 12N00N EDT Chani DOW 9,402.35 +14.74 NASDAQ 1,812.28 -31.97
      47 words
    • 48 1 us$ S$ US$ (S$ per US$) 1.461 (US$/S$ )er 1.751 2.559 EURO (USS/SS/E) 1.367 1.997 Foreign currency per US$ S$ 'EN 102.50 70.10 RM 3.502 2.396 HK$ 7.762 5.312 BAHT 34.10 23.33 RUPIAH 9,765 6,683 RENMINBI 6.835 4.678 INDIAN RUPEE 47.85 32.75 1.415 0.968 NZ$ 1.604 1.098
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 108 1 EXEC MONEY OIL S-SHARES BE INSPIRED I Stay the course GZy-j^ftk \3^Jll^ Analysts' U-turn Cosco sinks on Zap for daily inspiration. on equities j^^^K~3 j^^rf on US$2OO oil analyst downgrade Win a Nikon Digital page 34 j^-^m m ~^^A page 13 page 2 Camera! page 13 I—■_^B HK guarantees deposits,
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  • TOP STORIES
    • 471 2  -  LYNETTE KHOO Higher risk of order cancellations, slower shipbuilding demand By [SINGAPORE] The selldown in shares of Cosco Corp on credit concerns has left one of the last two non-penny S-shares on the brink of going under the one dollar mark. Some dealers attributed
      471 words
    • THREE-MINUTE DIGEST
      • 47 2 ANTHONY Soh and OCBC Bank were yesterday censured by the Securities Industry Council for their role in the botched takeover of Catalist-listed Jade Technologies. Law firm Allen and Gledhill, which advised Soh, also did not escape blame. FRONT PAGE
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      • 62 2 THE sell-down in shares of Cosco Corp on credit concerns has left one of the last two non-penny S-shares on the brink of going under the one dollar mark. Some dealers attributed the fall to a downgrade in target price by Credit Suisse to
        62 words
      • 64 2 THE Hong Kong Monetary Authority will use its foreign exchange reserves to guarantee bank deposits, shoring up confidence in lenders after the first run on a bank in the city in more than a decade. The government will also set up a
        64 words
      • 79 2 SINGAPORE banks will have greater flexibility to cushion the impact of the financial crisis as the fair value or mark-to-market accounting rule was eased internationally and the change is likely to take effect here. Under the changes, the 100 countries that use International
        79 words
      • 81 2 DBS Group's joint venture in India, Cholamandalam DBS Finance, will close more than a quarter of its branches because of a sharp slowdown in demand. "As a result of a decision by the Chola DBS board and major shareholders to put
        81 words
      • 58 2 CITIGROUP now expects the Singapore economy to contract 1.2 per cent next year the only key Asian economy it sees shrinking in 2009. Expectations of a more severe recession in the US prompted the bank to make further cuts to its Asian
        58 words
      • 44 2 INDIA pumped liquidity into the markets and announced measures aimed at helping the country's US$lO6 billion mutual funds industry as markets rallied after governments worldwide moved to restore confidence in the financial sector. GREATER CHINA/INDIA, PAGE 16
        44 words
    • 599 2 Bloomberg [HONG KONG] The Hong Kong Monetary Authority (HKMA) will use its foreign exchange reserves to guarantee bank deposits, shoring up confidence in lenders after the first run on a bank in the city in more than a decade.
      ■ Bloomberg; BLOOMBERG  -  599 words
    • 246 2 [SINGAPORE] The Monetary Authority of Singapore (MAS) said that it is assessing the impact of extraordinary measures taken by central banks elsewhere and will make sure that banks here are not disadvantaged by the moves. Yesterday, the Hong Kong Monetary Authority (HKMA) said that
      246 words
    • 335 2 Bloomberg [SEATTLE] Microsoft chief executive officer Steve Ballmer said that he was disappointed that Yahoo refused a takeover offer that went as high as U5547.5 billion back in May. Now, he looks lucky. Yahoo closed last week with a market value of US$l7 billion,
      Bloomberg  -  335 words
    • 599 4  -  SIOW LI SEN Mark-to-market rule tweaked by global body to ease fluctuation pressure By [SINGAPORE] Singapore banks will have greater flexibility to cushion the impact of the financial crisis as the fair value or mark-to-market accounting rule was eased internationally and the change
      599 words
    • 675 4  -  ANNA TEO Ex-Fed chief says slew of rescue measures distasteful but necessary By [SINGAPORE] Back in 2005, when the US and global economies were fairly booming, former US Federal Reserve chairman Paul Volcker warned of "disturbing trends: huge imbalances, disequilibria, risks" under the
      ARTHUR LEE  -  675 words
    • 744 4  -  CONRAD TAN News of US bailout cheers investors, but analysts warn of economic damage By [SINGAPORE] Stocks in Asia and Europe surged yesterday, extending a worldwide share rally into a second day on hopes that financial disaster had been averted. But economists here
      744 words
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 908 4 I Air Astana the National Carrier I The University of Manchester ,L of Kazakhstan offers flights from I I r> /o x To book and buy contact your travel agent I /V\dML[iebLC[ Bangkok (3X Weekly), or Air Astana at +65 6223 8377 I Business School Beiiina(6xweeklvland Forfurtherilnfomation**ourwebsite Dtsijma \9* weeiuy;
      908 words

  • COMPANY NEWS
    • 443 5  -  CHEW XIANG A crucial funding document was a forgery, claims OCBC Bank By WHAT seemed an already murky takeover bid for a small Catalist company took a crooked turn yesterday after OCBC Bank alleged, in a statement to the press, that a crucial funding
      443 words
    • 366 5 BT May 2007 Anthony Soh takes over Jade Technologies for $9.7 million, or 1.5 cents a share. Sept 2007 After a series of placements and new share issues, Dr Soh owns 445.7 million shares, or 45.97 per cent of the company. Sept 2007 to Jan 2008 Dr
      : BT  -  366 words
    • 593 5  -  LYNETTE KHOO By THE current credit crunch has claimed its second casualty among Singapore-lis-ted China companies. Worsening credit woes faced by some clients of Bio-Treat Technology have dragged the water-treat-ment company into the red for its full year ended June 30. In an adjustment
      593 words
    • 318 8  -  CONRAD TAN By Cutback follows fall in personal loan demand due to crisis, slowdown DBS Group's joint venture in India, Cholamandalam DBS Finance, will close more than a quarter of its branches because of a sharp slowdown in demand. "As a
      318 words
    • 380 8  -  CONRAD TAN By OCBC Bank will continue to invest in China, despite the current financial market turmoil, said its China chief yesterday. Leong Wai Leng, who joined the bank as chairman of OCBC China last December, said that the country's growth will not be
      380 words
    • COMPANY BRIEFS
      • 40 8 EXCEL Machine Tools said its proposal for the resumption of share trading had been rejected by the Singapore Exchange. Also rejected was its application for extension of time to implement and complete the proposal.
        40 words
      • 47 8 Reuters PALM-OIL group Wilmar International said its ship-operating unit, Wilmar Ship Holdings, had paid US$9.6 million in cash for a 60 per cent stake in a Singapore ship chartering firm Raffles Shipping Corp. The acquisition takes effect on Nov 1.
        – Reuters  -  47 words
      • 43 8 APEX-PAL International, the company behind the global chain of Sakae Sushi restaurants, has opened Kohi Ten the first Japanese siphon bar cafe to be launched in Singapore. It is located at the newly revamped Cuppage Terrace.
        43 words
    • 822 8  -  R SIVANITHY IS IT enough for the financial community to disclose important information in the fine print, or to bury material data inside prospectuses, or to put all sorts of legal disclaimers on broking reports or offer documents, and then to hide
      822 words
    • 436 8  -  NISHA RAMCHANDANI By MAINBOARD-LISTED systems integrator CSE Global, which was awarded the 2008 UK Trade Investment International Business Award yesterday, will continue to invest in Britain and plans to move in markets such as Canada, where it has yet to establish a presence.
      436 words
    • 493 9  -  YEN SREENIVASAN Firm is well hedged with respect to any change that impacts the airline business By SIA Engineering Co (SIAEC) is poised to continue flying high despite the global economic slowdown, thanks to its base of premium airline customers and niche capabilities.
      493 words
    • 490 9  -  OH BOON PING By INVESTOR sentiment in Singapore has taken a hit following the latest crisis in the credit markets, says ING. The Dutch global financial services group's quarterly Investor Dashboard Sentiment Index shows that for Singapore, the third-quarter indicator slumped
      490 words
    • 368 9  -  EMILYN YAP By MAPLETREE Investments has inked an agreement to develop a US$4OO million integrated business park in Vietnam's Binh Duong province. The 75-hectare Mapletree Business City Binh Duong will cater to a range of industries including software and product development, backroom and middle
      368 words
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  • SINGAPORE MARKETS
    • 745 6  -  LARRY WEE CURRENCIES But it's probably still a good idea to keep some powder dry IT WAS without doubt the most savage week that anyone still working in stock markets today has ever witnessed, with those in the US, Europe and Japan falling as
      745 words
    • 230 6 me week s changes YEAR TO DATE OCT 14'08 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 102.22 0.54 112.05 95.71 SGD 1.4620 -0.29 1.4850** 1.3457 IDR 9745 1.88 9900** 9035 THB 34.05 -1.22 34.78 31.00 CNY 6.8390 0.32 7.2085 6.8099 MYR 3.4945 0.06 3.5170** 3.1310 CURRENCY
      230 words
    • 98 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 12 1 3 0 0 0 12 1 3 lanufacturing 89 60 59 12 10 10 101 70 69 Commerce 33 17 23 38 22 27 'pt/Stor/Comms 31 32 :inance 34 34 Construction 14 17 'roperties
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    • 106 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 38.635 38.635 140.781 140.781 lanufacturing 490.405 16.306 506.711 315.723 674 316.397 Commerce 128.093 18.489 146.582 108.164 3.197 111.361 'pt/Stor/Comms 198.469 267 198.736 336.708 41 336.749 :inance 67.454 67.454 573.813 573.813 Construction 58.191 17.284 75.475 5.898 760 6.658 ■roperties 121.791
      106 words
    • 103 6 lapitaLand 2.950 4-0.220 lapitaMall 2.050 4-0.100 jtyDev 7.810 4-0.610 Iosco Corp 1.000 -0.200 IBSGrp 15.300 4-0.440 :&N 3.090 4-0.140 ientlntl 0.405 iolden Agri 0.250 4-0.010 IK Land 2.750 4-0.150 IMH 23.700 4-0.700 ISH 12.480 4-0.780 lardineC&C 11.620 4-1.650 leppel Corp 6.100 4-0.140 leppel Land 2.050 4-0.040
      103 words
    • 784 6  -  CHOW PENN NEE Office Sector DBS Group Research, Oct 14 AWAITING clearer skies: Share prices of office landlords have been beaten down to close to or below replacement value levels, estimated at Ssl,ooo per sq ft. Office stocks are trading at an average 0.37 times price to HI
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    • 541 6  -  R SIVANITHY STOCKS YOU could say "investors' appetites for risky assets returned" but it would be more accurate to say "greed replaced fear as the dominant emotion in the local stock market" yesterday, as Monday's "relief rally" in Europe and Wall Street spilled over
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    • 4 6 DAILY
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    • 56 6 CLOSE BT OB/OS -1200.0+377.0 BT CADI -*****.0+183.0 BT 10-day MA -*****.00-120.00 FTSE ST Mid Cap 418.81 +18.83 FTSE ST Small Cap 342.72 +9.86 FTSE ST All Share 506.43+14.13 FTSE ST China Top 182.21 +2.65 FTSE ST China 183.51 +1.31 UOB Catalist 90.76 +0.47 SIMSCI 261.61 +5.88 SIMSCI
      56 words
    • 60 6 VOLUME Golden Agri 180,515,000 Cosco Corp 78,424,000 China Honqxinq 53,870,000 Capita Land 47,621,000 Noble Grp 45,931,000 Straits Asia 42,025,000 Sing Tel 36,259,000 Yanqzijianq 34,246,000 Gent Intl 30,397,000 JiutianC 29,863,000 VALUE(S) DBS Grp 192,284,610 Capita Land 149,251,700 UOB 135,177,380 SGX 121,288,820 Sing Tel 107,141,850 Keppel Corp 104,403,090 OCBC
      60 words
    • 110 6 CLOSE UP 1162 165.0 16.5 Jardine C&C Daiwa FT Shariah J. 687 115.4 13.0 JSH 1248 113.9 6.7 China H 10US$ 1109 112.5 7.5 UOB 5.05%NCPS 100 9360 110.0 1.2 OCBCC 5.1%NCPS 100 9158 108.0 1.2 JMH 2370 102.2 3.0 Asia Pac Brew 1100 100.0 10.0 DBS Bk6% NCPS
      110 words
    • 112 6 BY CENTS CLOSE DOWN GLD 10US$ 8336-233.7 -1.9 STI 2900SGAePW*****0 136 -51.0 -27.3 STI 2800SGAePW*****0 126 -41.0 -24.6 H Ro' 230 -30.0 -11.5 SI Fund 100 -30.0 -23.1 lit RB ePW*****3 47 -27.5 -36.9 STI2700SGAePW*****0 107 -25.0 -18.9 Cosco Cor| 100 -20.0 -16.7 STI3300BNPePW*****0 112 -20.0 -15.2 ilanRBePW*****3 46
      112 words
    • 84 6 iere! S$ stands Oct 14 CHNG CLOSE FR0O13 YR2008 S$ LOW S$ HIGH USS 1.4620 0.56 1.4850 1.3457 Euro 2.0044 -0.03 2.2064 1.9750 Pounds 2.5689 -1.52 2.8431 2.4874 AS 1.0490 -6.18 1.3251 0.9389 Yen* 1.4302 2.54 1.5091 1.2619 Rupiah* 0.***** -0.21 0.***** 0.***** Baht* 4.2937 0.03 4.4299 4.0190 Peso*
      84 words

  • Page 7 Advertisements
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      174 words

  • Page 8 Advertisements
    • 452 8 jMfc v LAND FOR SALE LAND PARCEL PUNGGOL E4 AT PUNGGOL FIELD PUNGGOL ROAD On behalf of the Government of the Republic of Embrace Our Singapore, the Housing Development Board is SENSE of Life pleased to invite tenders for the sale of a land parcel at Punggol Field Punggol Road
      452 words
    • 662 8 V*^L r" Toll free: 1800-289-8822 V IVI fl Li V Email: notices@sph.com.sg _L^l V^>/ _I_ IV I www.cats.com.sg IN THE MATTER OF IN THE MATTER OF I^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ I THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER 50 NOTICE OF INTENDED DIVIDEND AND AND Name of Company Riverstone Networks (Singapore)
      662 words

  • Page 9 Advertisements
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      40 words

  • SINGAPORE NEWS
    • 696 10  -  UMA SHANKARI "T'T /~1 T* f~\ T TT\ Spore is the only key Asian nation the bank expects to post negative growth By I CITIGROUP now expects the Singapore economy to contract 1.2 per cent next year the only key Asian economy
      696 words
    • 455 10  -  JAMIE LEE By SINGAPORE'S push into the renewable energy sector is unlikely to be derailed by the economic downturn, Senior Minister of State for Trade and Industry S Iswaran said yesterday. "You have got to distinguish between fundamental, long-term policies, projects and
      455 words
    • 526 10  -  LEE U-WEN By i wRTY-THREE Asian and European leaders will gather for talks in Beijing tomorrow, with the global financial turmoil likely to take centre stage. The seventh biennial Asia-Europe Meeting (Asem) is set to be the biggest so far, with six new
      526 words
    • 393 10  -  RONNIE LIM By DESPITE the current economic downturn, Japanese specialty chemicals maker Kanto Kagaku (XX) which is investing in a $30 mil-lion-plus plant and laboratory in Tuas is optimistic about the business outlook beyond 2009 for the semiconductor
      393 words
    • 343 10 SINGAPORE may score an A-minus for acute care services but is probably "below C" when it comes to palliative care, said Health Minister Khaw Boon Wan. He acknowledged that there has been limited support in the field but promised more will be done
      343 words
    • 493 11  -  ONG BOON KIAT By 10 others from both public, private sector take home merit awards A PHOTO-PRINTING platform that wowed crowds at this year's National Day Parade, and a traffic management system that keeps Singapore's roads ticking round the clock were among five infocomm
      493 words
    • 387 11  -  JAMIE LEE d CHOW PENN NEE ByJ and SINGAPORE-BASED firms find it easiest to keep foreign talent here on local terms compared with other Asian countries, a survey by PricewaterhouseCoopers (PwC) showed. And with the expected economic slowdown, many
      387 words
    • 331 11 THE tender for a transitional office site in Mohamed Sultan Road has closed with only one bid of $4.65 million, from RSP Architects Planners and Engineers. Based on the 66,482 sq ft site and maximum permissible gross floor area (GFA) of 99,727.5
      331 words
    • 222 11 THE Building and Construction Authority (BCA) is raising funding support for buildings to be retrofitted with barrier-free accessibility features. Through BCA's $40 million Accessibility Fund, building owners can receive up to 40 per cent funding to upgrade their facilities with basic bar-rier-free features. The
      222 words
  • Page 10 Advertisements
    • 1321 10 W*s4 r^^TT/nT^P Toll free: 1800-289-8822 V 11 1 L V Email: notices@sph.com.sg JL^I V^>/ JL I V._^ 1 K_* www.cats.com.sg In The Matter Of j H :\\j|-]-■ Tne Companies Act, Cap. 50 FUXING GROUP In The Matter Of FUXING CHINA GROUP LIMITED ""ST ESSSE* LTD flnrnrnnratorl in Rormi irla^ NOTICE
      1,321 words

  • Page 11 Advertisements
    • 94 11 Congratulations CSE Global Ltd. Winner of the UK Trade Investment International Business Award 2008 ra UK CSE continues to leverage on the UK's strengths as part of its v global approach to sustainable growth. Employing over 1,200 fefejj people worldwide, CSE is considered one of the largest b^^^^ independent system
      94 words

  • CHILDREN FOR CHILDREN
    • Article, Illustration
      390 12  -  Jamie Lee IT was an afternoon of fun for some 1,000 less fortunate kids on Oct 1, thanks to The Business Times. The paper threw a Children's Day bash for a group of underprivileged children as part of its 32nd anniversary celebration. These kids come from more
      JOHN HENG and CHIJ KELLOCK  -  390 words

  • ECONOMY WATCH
    • 511 13 Reuters Govt researcher sees GDP expanding just 9.8% in first nine months of the year [BEIJING] China's annual economic growth rate might have fallen to 9.8 per cent in the first nine months, warranting more accommodative policies to prevent a dramatic slowdown,
      Reuters  -  511 words
    • 604 13 -AP [COLUMBUS, Ohio] As oil prices zoomed towards an unheard of US$l47 a barrel this summer, it seemed every analyst prediction that oil would approach US$2OO was a self-fulfilling prophecy, until suddenly it was not. Instead of US$2OO oil, oil is now US$BO.
      -AP  -  604 words
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  • MALAYSIA/INDONESIA
    • 496 14  -  PAULINE NG By in Kuala Lumpur IN THE midst of the global financial crisis, Malaysia's Public Bank yesterday announced a 25 per cent increase in group net profit to RM1.93 billion (SsBl4 million) for the nine months to end-September. The strong performance
      496 words
    • BRIEFLY ASIA
      • 36 14 Xinhua [NEW DELHI] India's Reliance Money has acquired 15 per cent stake in Hong Kong Mercantile Exchange (HKMEx), becoming the first Indian firm to buy stake in an international exchange.
        – Xinhua  -  36 words
      • 57 14 Reuters [SHANGHAI] China's shortest-term interbank funding rates fell and smaller banks and foreign institutions found it easier to borrow money yesterday as jitters over the global financial crisis eased. The weighted average seven-day bond repurchase rate, a key funding rate, fell sharply to 3.1536 per
        – Reuters  -  57 words
      • 39 14 Reuters [SHANGHAI] Two major dairy firms, Inner Mongolia Yili Industrial Group and Bright Dairy Group, yesterday estimated that they would post third-quarter net losses because of China's scandal over contaminated milk.
        ■ Reuters  -  39 words
      • 51 14 Reuters [JAKARTA] Indonesia's parliamentary budget commission approved a 6.2 per cent inflation forecast for 2009, compared with the government's previous target of 7 per cent. It also approved a 7.5 per cent average interest rate forecast for three-month central bank certificates, compared with 8.5 per cent
        ■ Reuters  -  51 words
      • 45 14 Xinhua [BEIJING] The rising yuan, along with escalating production costs, drove half of China's toy exporters out of the market in the first seven months of this year, the General Administration of Customs said in a report on Monday.
        ■ Xinhua  -  45 words
    • 389 14  -  > S JAYASANKARAN Banks have negligible exposure to sub-prime and affected institutions Bj 111 i\uaia luiiijjui IN a rare show of pro-ac-tiveness, the central bank or Bank Negara Malaysia (BNM) issued a statement yesterday aimed at calming fears among Malaysian depositors that
      389 words
    • 403 14 Reuters Najib rejects calls by Opposition to revise 2009 budget [KUALA LUMPUR] Malaysia's government said yesterday it will cut petrol prices again and is set to announce measures to boost the economy, although it will not change its 2009 budget and insisted
      Reuters; BLOOMBERG  -  403 words
    • 244 14 Reuters [JAKARTA] Indonesian coal miner, PT Adaro Energy Tbk, has had its shares suspended following a request by the firm because of pending negotiations on a potential share buyback, the company and an exchange official said yesterday. The firm, which control Indonesia's second-biggest coal miner
      Reuters  -  244 words
  • Page 14 Advertisements
    • 2525 14 fS^ k. i*■V■ r C^ Toll free: 1800-289-8822 w I L Email: notices@sph.com.sg _L \*J A. -L V-^ i' kj www.cats.com.sg LONGCHEER JEfiaJgJH (COMPANY REGISTRATION NO.: *****) (INCORPORATED IN BERMUDA) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of LONGCHEER HOLDINGS LIMITED (the "Company")
      2,525 words

  • GREATER CHINA
    • 720 15 -AFP Beijing may buy more US govt securities using its forex reserves [WASHINGTON] The US financial crisis may tighten China's grip on the American economy, as Beijing is likely to purchase more US government securities using its ballooning foreign exchange reserves, experts say.
      -AFP  -  720 words
  • Page 15 Advertisements
    • 7 15 TATAii CRUCIBLE THE CAMPUS QUIZ SINGAPORE 2008
      7 words
    • 2012 15 V«Z^ kAT^VT'T^-1-r1 O Tollfree:1800-289-8822 w |\l II r^ Email: notices@sP|lcom- s Q _L^l V^>/ -1- I V-i -< M i i www.cats.com.sg LANTROVISION (S) LTD (Company Registration No.: *****3374R) (Incorporated in the Republic of Singapore) *****9 on Friday, 31 October 2008 at 9.30 a.m. for the following purposes: AS ORDINARY
      2,012 words

  • GREATER CHINA/INDIA
    • 217 16 Reuters [BEIJING] Central Huijin, an arm of China Investment Corp, the country's sovereign wealth fund, would keep buying stocks in big Chinese-listed banks, an official newspaper reported yesterday, citing a company source. Chinese financial stocks rebounded on Monday from a week
      Reuters  -  217 words
    • 555 16 Reuters Fund redemptions rose to 196b rupees last month, more than 4 times Aug's [MUMBAI] India pumped liquidity into the markets and announced measures aimed at helping the country's US$lO6 billion mutual funds industry as markets rallied after governments worldwide moved to restore
      Reuters; AP  -  555 words
    • 498 16 Bloomberg Currency holdings up 33% at Sept end from a year earlier [BEIJING] China's foreignexchange reserves rose to a world record U551.906 trillion, helping to strengthen the nation's finances as the credit crisis threatens to trigger a global economic
      – Bloomberg  -  498 words
  • Page 16 Advertisements
    • 2279 16 _L^l A. _I_^^^ 1 -i Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg 111 rowbley Radiance Electronics Limited nnuiei EVITn (Incorporated in Singapore) HUWoLbY LIU. (Co. Reg. No.: *****2428H) (Incorporated in the Republic of Singapore) (Company Registration No. *****8381 D) JjJQ^^^^^^JJJ^J^JJ^fiafilliiSiUcß NOTICE IS HEREBY GIVEN that the Annual General Meeting of Radiance
      2,279 words
    • 134 16 ICONIC HOLDINGS LIMITED (formerly known as Inchem Holdings International Limited) (Company Registration No. *****4837 M) (Incorporated In The Republic of Singapore) ADVERTISEMENT OF NOTICE OF ANNUAL GENERAL MEETING We refer to the advertisement, published in the Business Times on Tuesday, 14 October 2008, of the Notice of the Annual General
      134 words

  • TransportHUB
    • 717 17 Shipowners face an uphill but essential task of promoting sustainable practices, reports VINCENT WEE IN Asia, where corporate social responsibility (CSR) programmes are often seen as costs rather than benefits, getting shipping companies to embrace the idea of sustainable practices is always going to be
      FILE PHOTOS  -  717 words
    • 316 17  -  VINCENT WEE Key drivers will be iron ore and coal for Asian power plants By [SINGAPORE] Amid the gloom in the rates outlook and a plunge in the Baltic Dry Index over the past six months, shipbroking firm ICAP Shipping forecasts that dry
      316 words
  • Page 17 Advertisements
    • 26 17 I I I BPr I I S^> fj |§^|*4iba I g I I '^'^■'^'"'^s:^^^^1^^ FS^^^^^^^P^^S^^^S z£&^^**&&£KBiEm&*^r j-ry^^^ >^s '^--p* 5** "wf^ Bk*".'" |bnk£l^ A/-- > J1 lit'
      26 words

  • TRANSPORT HUB: SHIPPING
    • 811 18  -  DAVID HUGHES STRAIT TALK By Maritime Week is a time of bright ideas on how to manage the future FORMER British prime minister Harold Wilson famously said that a week was a long time in politics. Last week must have seemed a very long
      THE STRAITS TIMES  -  811 words
    • 348 18 Bloomberg They're reducing weekly sailings as export demand falls [TOKYO] Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second- and third-largest con-tainer-ship operators, will reduce weekly container service to North America from Asia as demand for exports declines. Mitsui OSK. will
      Bloomberg  -  348 words
    • 257 18 Bloomberg [SINGAPORE] The global economic slowdown will push some shipping lines into bankruptcy as demand for commodities cools and trade slows, investor Marc Faber said. "This is an industry that could be hit harder than what has been expected," Mr Faber, said
      Bloomberg  -  257 words
  • Page 18 Advertisements
    • 206 18 #B I m E^H~n"^TT?yaT^T^^^?3"^T^B j-\ 21 ~23 April 2009, Suntec Singapore Principal sponsors: B^BBffiWMIIIiBWBMMBI S I A DnBNOR T h URA yaH L^W W^ LIFE MATTERS lh<! Worite to* of CM H U H.M IM *M I A THE ASIAN VOICE IN k WORLD SHIPPING: gjjJBBI^ V CLEARER STRONGER jo*+L
      206 words

  • TRANSPORT HUB: SHIPPING
    • 1332 19 Listen up, world it's Asia calling The Asian voice in international shipping is finally becoming stronger and clearer in global maritime forums, says S S TEO RECENT events in the maritime sector show that real progress is being made in efforts to encourage a stronger, more unified voice for shipping
      BLOOMBERG  -  1,332 words
  • Page 19 Advertisements
    • 68 19 Idbl schenker We pave the way for your company's success. Rapidly changing markets call for increasingly flexible solutions. Growth, competitiveness, and success are only possible if a company has a strong transportation and logistics partner at its side. We pave the way for customers to access markets with innovative logistics
      68 words

  • TRANSPORT HUB: AVIATION
    • 851 20  -  YEN SREENIVASAN COMMENTARY Both commercial goals and national interests will dictate its corporatisation and regulation take regulation as a positive, so long as it is reasonable." Such utterances would be worrisome for airlines if not for the fact that they were uttered by Liew Mun
      AP  -  851 words
    • 474 20 -AP [SEATTLE] Boeing Co says renewed negotiations with its striking machinists broke down over an issue crucial to the company's "long-term competitiveness". A labour leader says the union was being asked to bargain away 2,000 jobs. The failed talks are the latest twist in the
      -AP  -  474 words
    • 131 20 Bloomberg [BEIJING] Air China Ltd, the country's largest carrier by market value, said that domestic passenger traffic growth will rebound next year after snowstorms and the Olympics cut demand this year. Traffic growth may reach 10 per cent next year, board secretary
      Bloomberg  -  131 words
    • 432 20 -AFP Partnership could help Indian carriers to reduce costs [MUMBAI] India's largest private-sector carriers Jet Airways and Kingfisher Airlines have agreed on a wide-ranging working alliance to help them battle slowing growth and high fuel costs, the companies said. The airlines decided to work
      -AFP  -  432 words
    • 2565 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), Al Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Bn Airlines Sdn Bhd (RBA), BO Bouraq Airline; (BO'J', BR
      2,565 words
  • Page 20 Miscellaneous
    • 211 20 CRYPTIC CROSSWORD ACROSS M, 1 J I 1 1 J J l J existing in reality (o) sort (8) (6) DOWN 14 Mother pictured on compu- YESTERDAY'S SOLUTION 2 Mysterious commander co- t q minq before religious sect 1C L Across: 1 Reinsure, 5 Lancer, 9 mmy ueioie reiiyioub 15
      211 words

  • MPA MARITIME ROUNDTABLE
    • 2290 21 Specialists from various segments of the shipping industry give their take on the subject and suggest how to tackle the issue OVERVIEW THE issue of shipping and the environment is one that tends to polarise opinions. Singapore does its part as a responsible flag state through access
      2,290 words
  • Page 21 Advertisements
    • 44 21 MPA SINGAPORE The MPA Maritime Roundtable is a quarterly series brought to you by the Maritime and Port Authority of Singapore. This Roundtable the third in this series gathers expert viewpoints on climate issues, the environmental credentials of the shipping industry, and protection efforts.
      44 words
    • 3 21 M PA SINCAPORE
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  • ASIA-PACIFIC/WORLD
    • 526 22 Bloomberg It cites hike in bad debt reserves, drop in winning share of money gambled [NEW YORK] Wynn Resorts, the biggest US casino company by market value, said that its third-quarter Las Vegas earnings will be worse than last year
      Bloomberg  -  526 words
    • 519 22 -AFP [HONG KONG] During a recent trip to her expensive Hong Kong hairdresser, luxury brand consultant Radha Chadha asked her stylist if recent turmoil in the world's stock markets had affected business. "I am now offering people shorter haircuts. It's so they
      -AFP; AFP Graphics  -  519 words
    • 278 22 Reuters [HELSINKI] Investors are looking to third-quarter results from the world's top mobile phone handset makers to gauge how hard the global financial crisis has hit consumer spending and what will happen to key Christmas sales. Results start later this week with No 1 maker
      – Reuters  -  278 words
  • Page 22 Advertisements
    • 1710 22 A WATS X* AUSTON INTERNATIONAL GROUP LTD. (Incorporated in the Republic of Singapore) AUSTON (Company Registration Number: *****1660 M) INTERNATIONAL GBOUP LTD NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the shareholders of Auston International Group (the "Company") will be held
      1,710 words
    • 56 22 To all who participated, Thank you for your fantastic response! For details of the results and the latest on Business Finance, visit www.businesstimes.com today! Brought to you by: The Business Times Lianhe Zaobao I I One of I I China's richest I I Jiangsu's Huaxi village I I boasts I
      56 words
    • 571 22 A MAIS PERTAMA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Co. Reg. No. *****0483W (the "Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 315 Outram Road, #01 -01/02 Tan Boon Liat Building, Singapore *****4 on
      571 words

  • WORLD
    • 584 23 Bloomberg His award is the 11th given to professors at a university's where Fed chairman once taught [NEW YORK] Paul Krugman, who was awarded the 2008 Nobel Memorial Prize in economics, is Princeton University's second winner in two years in that category, adding to
      ■ Bloomberg  -  584 words
  • Page 23 Advertisements
    • 91 23 1 HI I^H n 0 rj L mM mm w Y*W* gcgogci?m» S33iH23i6SHSISBSI ±Jmw IE 31 I I V* i '1 I9PP PffiPPS 9PI aPIHIPBPP HUIM ImPI A i ■SIBHIIB |j>r:i^\H mr, m m mm mm K^'^l Please call 6488 8118 or email to sales@megu.com.sg for an appointment to view
      91 words

  • GLOBAL FINANCIAL CRISIS
    • 151 24 'We are acting with unprecedented speed, taking unprecedented measures that we never thought would be necessary. But they are necessary to get our economy back on an even keel.' US Treasury Secretary Henry Paulson on the plan to pump US$25O billion into US banks 'What I find worrisome is a
      151 words
    • 727 24 Reuters However, the state left bankers guessing about use of 70b dirhams [DUBAI] The United Arab Emirates more than doubled its emergency bank funding plan to 120 billion dirhams (5547.7 billion) yesterday as Gulf Arab states stepped up moves to combat the global
      – Reuters  -  727 words
    • CRISIS WATCH
      • 66 24 -AP [WASHINGTON] President George W Bush yesterday announced a landmark US$25O billion plan by the US government to directly buy shares in the nation's leading banks and to guarantee new debt issued by banks for the next three years. Nine banks will receive a
        -AP  -  66 words
      • 44 24 Bloomberg [HONG KONG] The Hong Kong Monetary Authority will use its foreign exchange reserves to guarantee bank deposits, shoring up confidence in lenders after the first run on a bank in the city in more than a decade.
        – Bloomberg  -  44 words
      • 39 24 Reuters [DUBAI] The United Arab Emirates more than doubled its emergency bank funding plan to 120 billion dirhams (5547.8 billion) yesterday as Gulf Arab states stepped up moves to combat the global financial crisis.
        – Reuters  -  39 words
      • 38 24 Bloomberg [WASHINGTON] Fannie Mac and Freddie Mac are ready to start purchasing US$4O billion a month of underperforming mortgages and bonds. This is separate from the US Treasury's US$7OO billion rescue plan.
        Bloomberg  -  38 words
      • 44 24 [KUALA LUMPUR] Bank Negara Malaysia (BNM) issued a statement yesterday to calm markets, saying that liquidity was ample and net interbank placements by the banks with the central bank amounted to RM198.5 billion (5583.3 billion) at end-August 2008.
        44 words
    • 584 24 Bloomberg They aim to remove troubled assets from slumping markets [WASHINGTON] Fannie Mac and Freddie Mac are ready to start purchasing US$4O billion a month of underperforming mortgages and bonds as the US government expands its options to remove troubled assets from the slumping
      ■ Bloomberg  -  584 words
    • 372 24 Bloomberg [LOS ANGELES] The largest public pension fund in the US lost almost US$67 billion in 12 months, more than 25 per cent of its value, as stock markets tumbled. The market value of the California Public Employees' Retirement System (Calpers) declined to U*****.7 billion
      Bloomberg  -  372 words
    • 4 24
      4 words
    • 610 24 -NYT [LONDON] Don't expect Middle Eastern sovereign wealth funds to jump on the bailout bandwagon. Given the recent volatility in the stock markets, some large sovereign wealth funds have been hoarding cash, much like the hedge funds and institutional investment funds
      -NYT; i AFP  -  610 words

  • GLOBAL FINANCIAL CRISIS
    • 756 25 Bloomberg Many now adopt conservative stand to preserve capital, meet redemptions [NEW YORK] Hedge fund managers, after enduring the industry's worst month in a decade, are seeking to explain to investors what went wrong and what they are doing about it. "We clearly underestimated several
      Bloomberg  -  756 words
    • 811 25 Bloomberg [NEW YORK] For most Americans, US$7OO biUion is a large amount. Not in University of Chicago professor Casey Mulligan's classroom, where he says the sum, pledged for a bailout of financial institutions, represents only 1.75 per cent of an estimated US$4O
      Bloomberg  -  811 words
    • 58 25 'I am not a nervous person by nature, but should have been, under the circumstances.' Jeffrey Gendell, who runs hedge fund Tontine Associates 'I believe it is prudent to maintain our critical focus on capital preservation and liquidity.' David Slager, manager of the Atticus European Fund which now
      58 words
    • 573 25 -LAT-WP He led USsloob bid to buy ABN Amro which some now say was over-priced [LONDON] Frederick Goodwin, the Royal Bank of Scotland chief executive who won his nickname Fred the Shred for axing jobs, has lost his own. With the government's
      -LAT-WP  -  573 words
  • Page 25 Advertisements
    • 149 25 OVER 6O MEDICAL SPECIALISTS. Designed to meet all your healthcare needs. G9 A c: A Aesthetics/Cosmetic Surgery Anaesthesiology A c A QG» Anti-ageing Q V CS) a A Cardiology CS n 9 Colorectal Surgery O <_» A Day Surgery Centre f Dentistry Dermatology c 9 q Ear, Nose Throat (ENT)
      149 words

  • EDITORIAL & OPINION
    • 487 26 THIS is a time of reckoning for many hedge funds and their clients. The industry is bracing for a flood of redemptions that could sound the death knell for more funds, even as outflows exacerbate the declines in floundering equity markets. Hedge funds have
      487 words
    • 1077 26  -  LEON HADAR US failure in Mid-East and financial turmoil reflect limits on its use of geo-strategic might I WISH I had aUS dollar oops, better make that a euro for every recent obituary marking The Death or The Fall or The Collapse
      REUTERS  -  1,077 words
    • 790 26  -  YOGI AGGARWAL THE BOTTOM LINE THE credit meltdown in the US has not yet had a major impact on India. While it has taken its toll on the Indian stock markets and foreign capital inflows leading to the depreciation of the Indian rupee, the
      790 words
    • 981 27  -  CRAIG WHITLOCK -LATWP If a behemoth like ÜBS were to fail, it is unclear if the Swiss government can get enough funds to rescue it, analysts say By OF ALL the places in the world, this was supposed to be the safest to stash your
      -LATWP; AFP  -  981 words
    • 754 27  - It's not so bad expect a mild recession EDWARD HADAS By PANIC: "What should I do about the crisis?" Anyone who follows finance has been asked that question a lot lately by non-financial friends and relatives. It's hard to answer, but not because there's nothing to be done. As yet,
      AFP  -  754 words

  • Page 27 Advertisements
    • 1010 27 w A WATS NOTICES METAX ENGINEERING CORPORATION LIMITED Company Registration No: *****0111H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of METAX ENGINEERING CORPORATION LIMITED will be held at 28 Third Lok Yang Road, Singapore *****6, on Thursday, 30 October 2008 at 11.00 a.m.,
      1,010 words

  • SINGAPORE STOCKS
    • 9261 28 High Low Code Company Sale COOP) High Low Buyer Seller C'vr P/E $mil 14.5 4 3148 8Telecom 20 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 22.5 6 1938 AEI Corp 17.5 2 1100 AEM 36 13.5 2101 APOil 141 41.5 5550 ARA 15.5 3.5 3100 ASA
      9,261 words
    • 2084 29 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
      2,084 words
    • 72 29 52-Wk Tel High Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Jii! ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 IS S&P500 ***** ***** 6170 SPDRS 398.3
      72 words
    • 73 29 Hii Wk Tel Low Code Comi Last Sale Vol COOP) Hii lay Low Bl .a si yer )uote Seller Div C'vr Net P/E /ICap $mil >an< 117.9 55 6000 AVJennings 20.5 4 6134 Over&Gen 48.5 7.5 6017 StarCruises 283 123 6019 TanChonglnt A57 A8 US8 HK136 -0.5 +6
      73 words
    • 8517 29 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.548/ AIGIF Spore Bond Fund/A 1.258/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.65/ APS Alpha Fund (USD)! A 0.44/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.7252/ APS Komaba
      8,517 words
  • Page 28 Advertisements
    • 31 28 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Jg| W| S 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. f^^^^^H Internet: Http://www.audemarspiguet.com HW^^^ I] qH
      31 words


  • FINANCE & COMMODITIES
    • 368 30 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 13 World Index Preliminan 713.3 6.3 -37.0 5.9 -37.5 6.7 -38.! EAFE Preliminai 683.7 7.1 -39.0 6.9 -40.8 7.8 -42.1 Euro[ Preliminan 967.1 9.7 -37.3 9.8 -41.2 10.7 -42.! Pad! lie
      368 words
    • 64 30 Oct 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Oct08 1835 Nov08 1893 Dec 08 1870 Jan 09 1878 Total o/p: ***** contracts 1835 1835 1835 4 672 1835 1910 1835 1141 7729 1850 1902 1825 8873
      64 words
    • 25 30 Oct 14 ten Hii Sett STI SIMSCI Oct 268 274.5 263.6 Taiwan Oct 204.5 209.4 207.4 Source: MF Global (S) He. Ltd
      25 words
    • 21 30 OctiA S! Bid Offer 1-month 1.4572 1.4591 months 1.4535 1.4551 {-months 1.4503 1.4521 >-months 1.4430 1.446. Source: OCB>
      21 words
    • 74 30 octl4 (US$) (SS) 4.***** 1.***** 6mths 1.***** 9mths 2.***** 12mths 2.***** 1 mth 2 mths 4.***** 1.***** 3 mths 4.***** 1.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 3.***** 7yrs
      74 words
    • 311 30 octl4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO8 MarO9 JunO9 SepO9 97.3900 97.7550 97.5950 97.3150 8038 7935 7318 3791 EUROYEN TIBOR FUTURES DecO8 99.180 99.180 MarO9 99.110 99.240 JunO9 99.205 99.220 SepO9 99.135 99.170 DecO9 99.070 99.070 Mar10 Jun10 Sep10 99.180 99.110 99.205 99.135 99.070
      311 words
    • 184 30 Oct 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Nov 08 Dec 08 191.0 Jan 09 191.0 Feb 09 Mar 09 Apr 09 191.0 191.0 186.5 187.0 187.0 187.0 187.0 188.0 20 294 332 312 408 440 891
      184 words
    • 93 30 Oct 14 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi. Day's ill Low 3-Month BQ*****T 15.01.09 1-Year BY*****N 04.05.09 1.13 1.26 1.15 1.01 1.10 1.07 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875
      93 words
    • 131 30 As at 9am Oct 14 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0100 1.0700 Can dollar 1.2730 1.2890 Euro 1.9800 2.0040 NZ dollar 0.8990 0.9190 Sterlini ind 2.5300 2.5601 US dollar 1.4480 1.4640 Local dollars to 100 units of foreign
      131 words
    • 178 30 Oct 14 $S^ Offer Bid Overnight 1/4 1-month 1 3/8 2-months 1 7/16 3-months 1 1/2 Overnight mode: 11/16 US$ Offer 1/8 1 1/8 1 3/16 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 5.50 6 00 6.00
      178 words
    • 465 30 octl4 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.806 4.831 0.517 5.487 33.825 69.029 0.725 8.530 2.475 1.134 56.460 33.352 1.033 6.387 0.801 22.899 24.102 0.404 0.707 Canada 1.240 5.992 0.641 6.805 41.953
      465 words
    • 139 30 OctU (US! f/oz) Oct 13 Oct 14 Hong Kong London 863.00 846.00 864.00 847.00 Oct 10 Oct 13 889.10 828.20 892.10 831.20 Source: Thomson Reuters CAST BAR S$) Oct 14 Buying Sellim Kilobar "43,027.91" ***** PAMP GOLD BARS 6$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      139 words
    • 157 30 Octl4 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0321 1.0336 0.7067 0.7071 Canadian dollar 1.2802 1.2819 0.8766 0.8770 Euro 1.9962 1.9986 1.3668 1.3672 NZ dollar 0.9099 0.9114 0.6230 0.6235 Sterlini ind 2.5573 2.5602 1.7510 1.751 US
      157 words
    • 73 30 Oct 13 I A I Aft iiuiii, yy.i (US$/tonne) Close Previous Cash 2188.50 2158.50 3 months 2250.00 2215.00 Copper, Grade A (US$/tonne) Cash 3 months 5194.00 5115.00 4869.50 4790.00 Lead (US$/tonne) Cash 1563.50 3 months 1565.00 1469.00 1475.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin
      73 words
    • 71 30 Oct 13 COCOA (£/tonne) Close Prev Hii ih/Low Dec 08 1367 1362 1384/1362 Mar 09 1396 1394 1416/1391 May 09 1405 1406 1426/1402 JulO9 1415 unch 1422/1414 COFFEE (US$/tonne) Close Pev High/Low Nov08 1755 1689 1760/1718 Jan 09 1814 1751 1819/1776 SUGAR (US tonne) White Close Prev High/Low Dec
      71 words
    • 103 30 Oct 13 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov08 928.00 910.00 938.00 922.00 Jan 09 943.50 925.50 951.00 936.50 Mar 09 956.75 939.50 963.00 954.50 May 09 966.75 949.75 974.00 963.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct08 38.90 36.50 39.00 38.40 Dec
      103 words
    • 77 30 CRUDE OIL PRODUCTS Oct 13 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 77.38 WTI (Near Mth) 81.34 Dubai (1-Mth F) 73.88 Tapis blend 81.95 Minas 79.20 0.52 2.28 0.76 0.25 0.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene S0.63 92.20 -1.37 unch US$/barrel Opec Oil
      77 words
    • 2942 30 BONDS WARRANTS Tel Code Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- ing Left 2058 Advance Modules GrpW*****3 2036 Advance SCT Ltd W*****9 9092 Asia Environment W*****4 4481 #Asia Water Tech W*****0 3816 #Asiasons Capital Ltd WO***** 8756 Asiatic Grp (H) Ltd W*****2 4105 #Asiatrave(W*****7 2878
      2,942 words
  • Page 30 Advertisements
    • 159 30 ggjßJPS^j^/^"^^ Which Way for the Tradethedollar;lookoutfor: 5*21 WW/ Hkm^amm^ jJ I l__f^ ___f% II O nterest rates decisions by the Federal Reserve other central banks XtM II d Speeches monetary policies by policy makers Against the current backdrop of global credit crunch, Key economic indicators like CPI, PPI, Consumer Confidence
      159 words

  • Page 31 Advertisements
    • 2405 31 m The Business Times Shipping Times r WAN HAI INTERNATIONAL PTE LTD crn0 |.**********/r m X WA W%M mUmmmmmmmmaSwm V-rrf\ Tel *****588 (14 lines) fax:6224H63 Mf •irW|f3l^r^ WSSamm |gfW»gg» \\\M I WAN HAI INpN Customer S«tvi<«/Bookin^ Direct Line (1800) *****200 m X a m* 11 Itl.*l.*"i« 11 mBMffiRBHBBMB N^ I
      2,405 words

  • Page 32 Advertisements
    • 3271 32 RICKMERS-LINIE M **^R».^ h n lw linn EASTERN CAR LINER, LTD I g|) Q®lf(S^ uSr gk'BU'k/Pro|eCt/SOC COnVen"Ong' SerV" Website:~rickmerS I Vf— =—1 I spec.al.ze ,N RORO > heavy l.ft »PTO 450 ions! WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov I SIN I ALT I HOU I NEW I JAX I
      3,271 words

  • Page 33 Advertisements
    • 5121 33 I A KinFDQFW Tel: 65-*****907 Fax: *****917 PSi INULIA JLIN Email: os<>'os<osia.<oin H tZ/U B&B E^H i shipping company/" 70 Sbcnton Way, #21-03 Marina House Singapore *****8 IMi NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DaIES AtE ABBIVaL DaIES fcjrJS I VESSEL I VOY I Singapore
      5,121 words
    • 142 33 rig! GLORY NAVIGATION GROUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS I REGULAR WEEKLY SERVICES: IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE :HIAPWOON SHIPPING (S)PTE LTD 14 ROBINSON ROAD, #03-01 SINGAPORE *****5
      142 words

  • executive Money
    • 938 34 The market can produce handsome returns for long-term investors who can tolerate short-term volatilities, reports GENEVIEVE CUA HANG in there. Recent days have been a wringer for anyone with equities in their portfolios, even more so for those who invested on leverage. The admonition to
      Ibbotson  -  938 words
    • 233 34 Bloomberg [NEW YORK] Measures of stress in worldwide markets are so far from historical norms that they qualify as a "black swan event". This can be seen from Bloomberg's Financial Conditions Index, which includes yield spreads and measures of the money, stock and bond markets. The index's drop
      – Bloomberg; Bloomberg  -  233 words
    • 1476 35  -  MICHAEL PREISS The credit crisis of 2008 will mark the end of the Anglo-Saxon capitalism that we have known since the end of the World War II LEGENDARY stock trader and short-seller of the 1930s Jesse Livermore put it best when he remarked: "Wall Street
      AP  -  1,476 words
    • 451 35 -AP [HOUSTON] The global financial panic and the economic slowdown have put, at least, a temporary end to the commodity bull market of the last seven years, sending prices tumbling for many of the raw ingredients of the world economy. Since spring and early
      -AP  -  451 words
  • Page 34 Advertisements
    • 228 34 r a n a ppp Aft Aft nnu, ArrniinKfln/o &> OptionsMasteiliedge MT^ Udll O'CLL 0000 lIOW MCCOUIIIOCrVC Disclaimer: Past performance is not necessarily indicative of future or likely performance for the Accounting Specialists www.Accountserve.com.sg i'* 1 "I 'ill Award Winning Service; 74 Guest Rooms Suites 1 C^ I~~£ s*"t I
      228 words

  • Page 35 Advertisements
    • 1190 35 W*Z^ Toll free: 1800-289-8822 V ill Email: n°tices@sph.com.sg JL V^-/ JL JL^^^ Mi \J www.cats.com.sg 810-TREAT TECHNOLOGY LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Singapore Hotel, Ballroom 2,
      1,190 words

  • PERSPECTIVES FROM THE TOP
    • 1049 36 Started in 1995, Suzlon Energy has shot to the top of India's wind-energy market, taking up 60 per cent of the market share, and has supplied more than 6,000MW of energy to countries all over the world, its chairman and managing director tells JAMIE LEE
      1,049 words
  • Page 36 Advertisements
    • 112 36 This is the second of a five-part series brought to you by Credit Suisse Since 1856, we have focused on bringing new perspectives to our clients. Understanding the past, but shaped by the future. Always looking at opportunities and challenges from a different point of view. Bringing together new partners
      112 words