The Business Times, 27 October 2008

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Microfilm: NL29504
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    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 Monday, October 27,2008
    23 words
  • Article
    Lock icon Govt can't bail out every sour investment: PM
    646 1  -  LEE U-WEN Look beyond current problems to prevent other Lehman sagas By in Xi'an PRIME Minister Lee Hsien Loong yesterday said that the Lehman Brotherslinked structured products saga was unfortunate, but cautioned that the government could not be expected to bail out
    646 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      53 1 Weekly Change 1,600.28 -278.23 >T Index 1 COMP 859.11 -46.12 IIKKEI225 7,649.08 -1044.74 IANG SENG 12,618.38 -1935.83 ;et index 432.87 -38.44 JAKARTA COMP 1,244.86 -154.56 1ANILA COMP 1,953.49 -144.77 ;eoulcomp 938.75 -241.92 ;henzhenb 245.02 -8.29 IUMBAI IND 8,701.07 -1274.28 )OW 8,378.95 -473.27 IASDAQ 1,552.03 -159.26 ;&P 500 876.77 -63.78
      53 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.908 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 4.50 US 4.50 CANADA 4.00 SWITZERLAND 2.25 INDIA 13.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      40 1 IS$ (S$ US$) 1.506 ;us: i/S: 1.585 2.387 EURO (US$,S$/E) Foreign currency 1.266 ;r US$ 1.906 S$ 'EN 95.20 63.20 3.579 2.377 7.753 5.148 !AHT 34.69 23.03 lUPIAH 10,008 6,646 1ENMINBI 6.849 4.548 INDIAN RUPEE 49.95 33.17 1.568 1.041
      40 words
  • Article
    Lock icon Falling prices
    272 1 3rice trends for selected high-profile projects launched in 2006 and 2007 LAUNCH TOTAL NO OF LAUNCH NO OF MEDIAN NO OF MEDIAN NO OF CHANGE CHANGE CHANGE DATE NO UNITS SOLD MEDIAN TRANSACTIONS PRICE TRANSACTIONS PRICE IN TRANSACTIONS BETWEEN BETWEEN BETWEEN OF (AS AT END PRICE IN FIRST
    272 words
  • Article
    Lock icon Luxury condo prices come off their peaks
    859 1  -  UMA SHANKARI But most units in high-end projects still changing hands at above their launch prices By [SINGAPORE] Prices for some luxury and high-end projects launched in 2006 and 2007 have come off their peaks by up to about 26 per cent, anecdotal
    859 words
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      55 1 8 *****1 *****4 'Cj '/h^-^Wfestylfe^i and Fitness Centre^§|^ ",HjS E^j| i -.T Damai at Grand Hyatt Singapore. NowOfteft f 10 Scotts Road Singapore *****1 TELEPHONE 6738 1234 FACSIMILE 6732 1696 singapore.grand.hyatt.com Reg. No. *****1909E I The trademark HYATT and related marks are trademarks of Hyatt International Corporation. ©2008 Hyatt International
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      9 1 The Prime Minister sends all Hindus greetings for Deepavali
      9 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      54 1 POWER LUNCH J|y BizlT VIEWS FROM THE TOP BE INSPIRED l Piaget Singapore GM Open source takeup What it takes to make Singapore Zap for daily inspiration. Thomas Bouillonnec jki h rising in Asia: Red Hat an R&D powerhouse Win a Nikon Digital page 13 page 28 pages 10 11
      54 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Investors in US look out for signs of bottoming
      1066 2  -  ANDREW MARKS WALL STREET INSIGHT Stocks rallied after heavy rout on Friday to close with 'only' 3.6% loss: analysts By in New York WORDS of relief were being uttered by US stockmarket traders after the closing bell last Friday. "We dodged
      AFP  -  1,066 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Luxury condo prices come off their peaks
        65 2 PRICES for some luxury and high-end projects launched in 2006 and 2007 have come off their peaks by up to about 26 per cent, anecdotal evidence shows. Prices of selected high-profile upmarket properties launched in 2006 and 2007 started dipping in Q3 2007
        65 words
      • Article
        Lock icon Govt can't bail out every sour investment: PM
        58 2 THE government cannot be expected to bail out every financial investment decision that goes awry, said Prime Minister Lee Hsien Loong yesterday. Speaking on the controversy surrounding Lehman Brothers-linked structured products, Mr Lee said it was time to take a step back
        58 words
      • Article
        Lock icon Surbana to launch 1,000 units in Xi'an township
        50 2 NEXT month will be a landmark one for property consultant and developer Surbana Corporation, for it will see the first batch of 1,000 units of its $345 million China residential township in Xi'an, Shaanxi province, go on sale. TOP STORIES, PAGE 3
        50 words
      • Article
        Lock icon Shake-up in Financial Planning Association
        48 2 POLITICAL infighting has apparently forced a change in the composition of more than half of the executive council of the Financial Planning Association of Singapore. BT understands that six council members have abruptly resigned over the last few weeks. TOP STORIES, PAGE 3
        48 words
      • Article
        Lock icon MAS reviews guidelines on fair dealing
        49 2 THE Monetary Authority of Singapore is reviewing guidelines on "fair dealing" in the finance sector, a set of practices that addresses the hot-button issues of mis-selling, proper advice and the alignment of bankers' remuneration structures with customers' best interests. COMPANY NEWS, PAGE 7
        49 words
      • Article
        Lock icon Some Fortis expats ordered home on gardening leave
        65 2 A HANDFUL of Fortis expats in Singapore were suddenly told to pack their bags two weeks ago and leave for Amsterdam to await their fate following the nationalisation of the financial services company. For the expats who were asked to leave the
        65 words
      • Article
        Lock icon Avoid trap of market over-regulation: OECD
        48 2 THE world has been saved from another Great Depression by massive state intervention, the OECD's chief economist said, but urged world leaders to avoid the "trap" of excessive regulation as the debate about global financial reform heats up. ECONOMY WATCH, PAGE 14
        48 words
      • Article
        Lock icon China prepares for challenges despite sound economy
        42 2 CHINA must prepare for the challenges sure to be brought about by the global financial crisis, although the economy is generally in good shape, central bank governor Zhou Xiaochuan said yesterday. GREATER CHINA/INDIA, PAGE 16
        42 words
    • Article, Illustration
      Lock icon Citibank chief urges IMF to help emerging markets
      779 2  -  ANTHONY ROWLEY By in Tokyo EMERGING market economies, including some in Asia, face a "downward spiral of financial market de-leveraging" as a result of the global financial crisis, according to Citibank president and chief executive William Rhodes. With the reversal in private
      BLOOMBERG  -  779 words
    • Article, Illustration
      Lock icon Singapore has a lot to offer China: PM Lee
      677 3  -  LEE U-WEN Spore can provide models, schemes for China to examine and implement Reports by in Xi'an SINGAPORE may be small, but so long as it continues to have a model that is successful, the country would continue to remain relevant
      WOO FOOK LEONG  -  677 words
    • Article, Illustration
      Lock icon Surbana's Xi'an township to go on sale soon
      427 3 NEXT month will be a landmark one for real estate consultant and developer Surbana Corporation, for it will see the first batch of 1,000 units of its $345-mil-lion residential township in Xi'an go on sale. Surbana and Hong Kong-based Henderson Land are
      SURBANA CORPORATION  -  427 words
    • Article
      Lock icon Shake-up in Financial Planning Association
      557 3  -  GENEVIEVE CUA By [SINGAPORE] Political infighting has apparently forced a change in the composition of more than half of the executive council of the Financial Planning Association of Singapore (FPAS). BT understands that six council members have abruptly resigned over the last few weeks, including
      557 words
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      Lock icon Page 2 Advertisements Column 1
      92 2 Agriculture USD SW Lj*^ «»l| RIC-C 16/1008 6,90 SGD Lianhe ZaObaO Booster Capital Guaranteed Fund SGD RID 16/10/08 10,43 SGD M[HJ PBUm^M^O Ml IHfflltt [oodAlphrPaTrseTlorruSD 1000 If IHI |Uy V I I H Croci Alpha Hairs Sedo-s USD Double Joy Capital Guaranteed Fund I m I RID ifri'M? fr.:-iu£D in
      92 words
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  • Page 3 Advertisements
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      1027 3 In the matter of The Companies Act, Cap. 50 And IN THE MATTER OF In the Matter of THE COMPANIES ACT (CAP. 50) [1) SYNERGY COACHING AND CONSULTANCY PIE. LTD. IN THE MATTER OF ■SISUfSIS?^ 11 ™AN KEE STEAMBOAT PTE LTD INTERNATIONAL PTE. LTD. ™>m»ici»««i«i iiniiinnniKiiiiiniinrni [Company Noll) *****0648N (PROVISIONAL
      1,027 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon More turbulence ahead
      636 4  -  CONRAD TAN STOCKS US Fed expected to slash rates; UOB results and S'pore jobs data due Friday STOCK investors everywhere face another highly turbulent week ahead, with market movements here likely to be influenced by an expected cut in US interest rates, as well as local corporate
      636 words
    • Article
      Lock icon Yen soars to 13-year peaks, other Asian units fall
      524 4 -AFP CURRENCIES [HONG KONG] The Japanese yen ended last week at 13-year highs against the US dollar, while other currencies fell against the greenback amid ongoing global market turmoil over a slumping world economy. Japanese yen: The yen soared to 13-year
      -AFP  -  524 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      819 4 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Bant; RM; Peso; AAA) Rs; NTS; (ab) Final Fully Franked; (ad) Capital; (ag) Dividend/Distribition; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and
      819 words
    • Article
      Lock icon Oil plunges towards US$60, gold tumbles below US$700
      287 4 AFP COMMODITIES [LONDON] Commodity markets dived last week, with oil hurtling towards US$6O per barrel and gold ducking US$7OO an ounce as investors eyed a global recession that could hurt demand for raw materials. Oil: Crude oil prices hit 17-month lows as
      AFP  -  287 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1596 4 Source: Thomson Reuters consensus no. or e-orecasi eveean i-n s recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name Mlqreen Pro| 2.58 2.58 12 7.08 5.30 0.88 0.37 :ies ,RA Asset M 2.00 2.00 2 6.70 5.90 1.06 0.36 .rmstron ndustrial
      1,596 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 4 Oct 24 VALUE CLOSE BT OB/OS -1209.00+78.00 BT CADI -*****.00-352.00 BT 10-day MA -*****.00-121.00 FTSE ST Mid Cap 325.64 -29.14 FTSE ST Small Cap 280.71 -14.16 FTSE ST All Share 385.19 -33.74 FTSE ST China Top 143.30 -13.07 FTSE ST China 146.50 -11.19 UOB Catalist 77.54 -2.67
      60 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 4 VOLUME Golden Aqri 342,677,000 Noble Grp 217,761,000 SingTel 166,248,000 Cosco Corp 153,061,000 Gent Intl 117,117,000 SembMar 116,909,000 China Honqxinq 111,992,000 Capita Land 107,778,000 Keppel Corp 99,928,000 StraitsAsia 80,578,000 VALUE(S) DBS Grp 718,457,697 Keppel Corp 429,446,724 UOB 413,727,690 SingTel 400,475,621 OCBC Bk 388,969,524 CapitaLand 311,718,850 SGX 285,990,408 S
      58 words
    • Article
      Lock icon RISES
      99 4 CLOSE UP lTelSGAePW*****3 166 91.0 121.3 iini STI2500BNPePW*****7 185 63.0 51.6 STI 2450 DBePW*****1 166 61.0 58.1 STI 2800SGAePW*****0 182 56.0 44.4 STI2350BNPePW*****0 154 53.0 52.5 STI 2500SGAePW*****9 176 50.0 39.7 STI 2700SGAePW*****0 206 46.0 28.8 DBS RB ePW*****3 129 44.5 52.7 STI2700BNPePW*****7 199 42.0 26.8 UOBMBLePW*****4 105 40.0
      99 words
    • Article
      Lock icon FALLS
      117 4 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 6896 -1587.0 -13.3 GLD 10US$ OCBCCai 5.1%NCPS 100 8320-760.0 -8.. OCBCCai :.93%Pref10 7900-620.0 -7.3 OCBC Bk4.5%NCPS 100 7960-490.0 -5.8 OCBC Bk5.1%NCPS 100 8740-430.0 -4.7 UOB 5.05%NCPS 100 8800-390.0 -4.2 DBSBk6% NCPS 10 9700-296.0 -3.0 DBS
      117 words
    • Article
      Lock icon CURRENCIES
      86 4 Wh lere S! stands Oct 24 %CHNG YR2008 CLOSE FR0O23 S$ LOW S$ HIGH uss 1.5145 -0.91 1.5155* 1.3457 Euro 1.8962 1.59 2.2064 1.8905® Pounds 2.3187 5.21 2.8431 2.3130® AS 0.9201 8.15 1.3251 0.9175® Yen* 1.6632 -7.50 1.6645# 1.2619 Rupiah* 0.***** -0.31 0.***** 0.***** Baht* 4.3658 -0.71 4.4299 4.0190
      86 words
    • Article, Illustration
      Lock icon Heavy selling by funds below purchase prices
      1205 6  -  ROBERT HALILI INSIDE MARKETS By THE local market fell by a further 14.3 per cent to 1,600.28 last Friday on fears of a global recession that would worsen an already weak export market. The negative sentiment spilled over to fund managers as they
      1,205 words
    • Article, Illustration
      Lock icon When chief executives spurned Davos warnings on risk
      1617 6 Bloomberg [PARIS] ONCE upon a time, the World Economic Forum was the ultimate Wall Street jamboree. Now, in the riptide of the worst financial crisis since the Great Depression, WEF officials and delegates say many of the chief executive officers who gathered
      Bloomberg; AP FILE PHOTO  -  1,617 words
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  • COMPANY NEWS
    • Article
      Lock icon At a glance
      423 5 Ml d l|lcllli.e 3 months ended September 2008 9 months ended September 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG CURRENT PREVIOUS %CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG (S$m) (S$m) (S$m) (S$m) I 1 KeppelCorp 272.86 247.69 10.2 3216.46 2591.42 24.1 833.88 757.70
      423 words
    • Article
      Lock icon Q3 earnings hit, with net profits down 6.3%
      759 5  -  CHEW XIANG iBl BT Out of 25 firms, only OSIM is in the red; 16 ramp up profits, 2 reverse losses By THE recession is already biting. One week into the third quarter earnings season, the 25 listed companies that have posted
      iBl; BT  -  759 words
    • Article, Illustration
      Lock icon OCBC HELPS REBUILD CHINA SCHOOL
      80 5 Leong Wai Leng, chairman, OCBC Bank (China) Limited (Centre, back row) with the students of one of the classes in the newly-built in Shi He Primary School, Mianzhu City, in China's earthquake-hit Sichuan Province. The school was rebuilt with funds from OCBC China and Yang
      80 words
    • Article, Illustration
      Lock icon More cause to review policy for China listings
      755 5  -  LYNETTE KHOO WHEN the storm comes, those without a firm foundation crumble. Perhaps that speaks of the plight of some Singapore-listed Chinese firms, or S-share companies, now. Jitters over Chinese listings have risen as another slew of negative news from these companies
      FILE PHOTO ,  -  755 words
    • Article
      Lock icon Getting a grip on admin procedures
      387 5 WARRANT INSIGHTS READERS should by now have a reasonable understanding of some of the technical details underpinning warrants, such as deltas, thetas and effective gearing. This knowledge is very useful when navigating the warrant minefield but equally useful, however, is knowing some of the
      387 words
    • Article, Illustration
      Lock icon 10,000 take part in Great Eastern race
      230 7 SEVEN women MPs led 10,000 participants in the third Great Eastern Women 10K 2008 race at Marina Bay yesterday morning. The race aimed to raise $100,000 for the Women Against Cancer Initiative. Anitha Jepchumba Kiptum from Kenya finished first in the competitive 10
      230 words
    • Article, Illustration
      Lock icon MAS reviews fair dealing guidelines
      496 7  -  GENEVIEVE CUA ABS has proposed to decouple principles from prescriptive statements in the guidelines By THE Monetary Authority of Singapore (MAS) is reviewing proposed guidelines on "fair dealing" in the finance sector, a set of practices that addresses the hot-but-ton issues of mis-selling, proper advice
      FILE PHOTO  -  496 words
    • Article
      Lock icon COMPANY NEWS
      308 7 COMPANY MEETING PLACE DATE TIME Lexicon Grp E 371 Beach Road #03-18 Keypoint Singapore *****7 28-Oct 9.30am Goodpack A 7 Harrison Road, #06-01 Harrison Industrial Building, Singapore *****0 28-Oct 10.00am Koda A E The Pines, 30 Stevens Road Singapore *****0 28-Oct 10.00am 11.00am Time Watch A E Suntec
      308 words
    • Article
      Lock icon PRIME LENDING RATES
      396 7 oct2A BANKS ABN Amro Bank NV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank
      396 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Singapore's trade deficit with US persists
      868 8  -  CHUANG PECK MING Republic among the top 10 countries with largest trade gap in goods By SINGAPORE has continued to suffer a twin trade deficit with the United States in both goods and services. But while the trade gap in services narrowed last year,
      JOYCE FANG/THE STRAITS TIMES  -  868 words
    • Article
      Lock icon Some Fortis expats ordered home on gardening leave
      388 8  -  SIOW LI SEN By" A HANDFUL of Fortis expatriates in Singapore were suddenly told to pack their bags two weeks ago and leave for Amsterdam to await their fate, following the nationalisation of the financial services company. For the expats who were
      388 words
    • Article, Illustration
      Lock icon ALL YOU NEED IS LOVE
      73 8 VOLUNTEERS of Project AucttonLove, Jasmine Tan and Jacinta Kwee of Ngee Ann Polytechnic, presenting a certificate of appreciation and a Project Auction Love t-shirt to Jonathan Larsen, Country Head ofCiti Singapore, who is a mentor of the project. In conjunction with Citibank-YMCA Youth For Causes,
      73 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      54 8 Buy Shin Mm Daily News Lianhe Wanbao and get goodies each day. KOKA Instant Noodle Ij Lexus Biscuit Ij Lexus Biscuit Ij and Mr Bean Voucher and Seaweed and BOSS Coffee J; KOKA Instant Noodle Nong Shim Instant Noodle Tai Sun Fruits Nuts and BOSS Coffee and Tai Sun Fruits
      54 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon The Great Depression 2.0?
      1160 9 Given the scale of the current financial turmoil, will the world see a repeat of the Depression of the *****? FELDA CHAY and QUAH CHIN CHIN find out AS FEARS of a prolonged and severe recession sent share prices crashing on Friday, questions are being raised
      1,160 words
    • Article, Illustration
      Lock icon Stay in Asia for the long haul: Rogers
      830 9 CAMPUS LIFE The legendary investor recently shared his views on investing and life. JASON LOW reports SAVE money. Invest smart. Plan for a future in Asia. These were some of the key advice that legendary investor Jim Rogers gave at a campus
      830 words
    • Article
      Lock icon Be smart with your finances
      204 9 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      46 9 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon R&D: The road ahead
      2281 10 THIS WEEK'S TOPIC What key ingredients are needed to make Singapore an R&D powerhouse? How well have we done so far, and what more needs to be done? Eric Hoh Vice-President, Asia South Region and Head of Global Account, Asia Pacific and Japan Geography Symantec SINGAPORE
      2,281 words
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      102 10 ir^ll click it Straits Times kl flfc/fc prfi vwvw.straitstimes.cDm =I fe- fc watch it Bk<^Bi v \.\k L y 1,-1 K^ .jgji^jj^^^ ff^J M/f VW] lift Get closer t0 the newsroom with the refreshin9 O^TI A TT*O rpnv yTT^O delivery of the revamped Straits Times. In 1^ I\ I^l H
      102 words
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  • Page 11 Advertisements
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      143 11 Very few automobiles in the world convey as much grandeur senses potential accidents. It also acts to protect you before, and prestige as the S-Class. And while its owners tend to be during and after an unavoidable collision. So it is no wonder leaders of nations and industry, the S-Class
      143 words
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  • DINING OUT
    • Article, Illustration
      Lock icon A 'real' restaurant by the swimming pool
      344 12  -  Audrey Phoon NEW MENU Pool Grill sth floor, Singapore Marriott Hotel 320 Orchard Road Tel: 6831-4627 CHEF Michael Hogan has upped the ante on poolside menus with his new spread for Pool Grill, a 40-seater alfresco restaurant by Marriott's swimming pool. Launched two
      344 words
    • Article, Illustration
      Lock icon Bang for your bento buck
      307 12  -  Cheah Ui-Hoon $25 AND UNDER Ah Hoi's Kitchen Poolside, Level 4, Traders Hotel (above Tanglin Mall). Tel: 6831 4373 IF you feel like eating local dishes but aren't keen on crowding into a stuffy food court and "reserving" your table with a pack of tissue,
      307 words
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      121 12 A Brunch Divine A culinary wonderland unfolded before us; choices aplenty complemented with unlimited Champagne. Freshly-shucked oysters and crustacean Sunday Champagne Brunch on ice beckoned as did the petit canapes and cheese. Meanwhile, succulent roasts and gourmet creations vied for attention alongside breakfast with unlimited Veuve Clicquot, favourites. The epicurean
      121 words
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  • DINING OUT citibank
    • Article, Illustration
      Lock icon Quality means everything to him
      657 13 POWER Lunch By JAIME EE THOMAS Bouillonnec is French, and by that very statement it seems no question that his palate was honed from birth to appreciate good food. "Even if it is simple, it has to be good," says the general manager of Piaget
      ARTHUR LEE  -  657 words
    • Article, Illustration
      Lock icon The new yet familiar Bobby's
      604 13  -  Cheah Ui-Hoon NEW RESTAURANT Bobby's Taproom.Grill.Ribs 25 and 27 Cuppage Road, Cuppage Terrace Tel: 6734 3323 BACK in the days when Chijmes was a newly converted "lifestyle hangout" from its former life as a convent and school, eateries like Bobby Rubino's made it the place
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  • Page 13 Advertisements
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      17 13 Brought to you by citibank s£:f Promisingthe best deals in 1,000 locations Cl tl Ud II X
      17 words
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      Lock icon Page 13 Advertisements Column 2
      29 13 Please refer to citibank.com.sg for full details. Indulge in over 1,000 gourmet pleasures with your Citibank credit card. For more gourmet treats, visit: citibank.com.sg •?*l Mobile Gourmet J citibank.com.sg/singapore/gpmobile
      29 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon OECD warns against over-regulating market
      769 14 AFP Excessive rules may hamper future innovations and market integration [PARIS] The world has been saved from another Great Depression by massive state intervention, the OECD's chief economist said, but urged world leaders to avoid the "trap" of excessive regulation as the debate about global
      AFP  -  769 words
    • Article
      Lock icon Fed likely to cut rates again to help sentiment
      403 14 -AFP [WASHINGTON] The Federal Reserve is widely expected to cut key interest rates further at its upcoming two-day meeting, hoping to offer a psychological boost to pan-ic-stricken financial markets, analysts say. The US central bank, which led a coordinated global rate
      -AFP  -  403 words
    • Article
      Lock icon Asia eyes key stake in global financial system
      705 14 -AFP Issue now lies in restructuring int'l economic regime [WASHINGTON] Asian leaders will find that the first global summit on the financial turmoil will be a perfect venue to demand a key stake for the region in any new international financial system,
      -AFP  -  705 words
    • Article, Illustration
      Lock icon Arroyo calls for easier, faster financial plan
      560 14 Reuters [BEIJING] Philippine President Gloria Macapagal Arroyo said that she wants a December summit of Asian powers to ease conditions on a regional financial support arrangement and bring forward its launch to counter global economic woes. Ms Arroyo yesterday said that while 13
      ■ Reuters; REUTERS  -  560 words
    • Article
      Lock icon Crisis offers opportunity for syariah banking
      388 14 Reuters [JEDDAH] The global financial crisis is an opportunity for syariah-compliant Islamic banking to strengthen its position internationally, bankers said at a forum in Saudi Arabia last Saturday. Islamic banks have been barely bruised by the global credit crisis so far, although falling property
      ■ Reuters  -  388 words
    • Article
      Lock icon Thailand could dodge downturn by spending more
      411 14 Reuters [BANGKOK] Thailand could steer clear of a severe global economic slowdown by aggressively raising government and private spending over the next year, Deputy Prime Minister Olarn Chaipravat said yesterday. Despite diminishing foreign investment and falling exports to big markets, Thai economic growth
      ■ Reuters  -  411 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Malaysia pledges 'swift' action to support growth
      487 15 Bloomberg Bank Negara Malaysia maintains benchmark interest rate at 3.5% [KUALA LUMPUR] Malaysia's central bank pledged it will take action to prevent the economy from deteriorating after keeping the benchmark interest rate unchanged for the 20th straight meeting. "In the face of diminish-
      – Bloomberg; AP  -  487 words
    • Article
      Lock icon BURSA MALAYSIA
      2204 15 let 24 RM COOO) \&M Realty 0.33 \bric Bhd 0.12 advance Synergy 0.07 Viventa Bhd 0.77 \e Multi Hldgs 0.14 Win Holdings 1.25 \hmad Zaki Resou ...0.42 Me Corp 0.50 MrasiaBhd 1.12 \kn Technology 0.25 alliance Financi 1.94 aluminium Co 0.85 Amalgamated Ind ...0.30 tomb Hldgs Bhd ....1.98
      2,204 words
    • Article, Illustration
      Lock icon Recession looms as oil boom fades
      613 15  -  S JAYASANKARAN MALAYSIA INSIGHT Govt revenue gap could spark policy reforms MALAYSIA isn't in a recession yet but give us time. The time will soon come when we have to bite the bullet and make painful adjustments. That will have to happen because oil
      613 words
    • Article
      Lock icon KL to scrap copter order, says report
      260 15 Reuters [KUALA LUMPUR] Malaysia has decided to axe a controversial US$657 million military helicopter order in the government's first major budget cutbacks since the global financial crisis, an influential news website reported yesterday. "The Eurocopter deal is off due to the bleak economic
      Reuters  -  260 words
    • Article, Illustration
      Lock icon Khazanah buys stake in Jadwa
      292 15 Bernama [RIYADH] Khazanah Nasional Bhd has acquired a 10 per cent stake in Saudi's Jadwa Investment, a syariah-compliant investment firm, for RM270.85 million (Ssl 14.6 million) in its long-term strategy to ride out the economic downturn and foster stronger ties between Malaysia and Saudi Arabia.
      Bernama; THE STAR  -  292 words
    • BRIEFLY ASIA
      • Article
        Lock icon China scraps tax on stock account interest
        61 15 -AFP [BEIJING] China's finance ministry yesterday announced the abolition of a tax on interest earned on individual stock account balances in a move aimed at stabilising its capital markets. The abolition was effective Oct 9 and was aimed at "maintaining the stable and
        -AFP  -  61 words
      • Article
        Lock icon Taiwan restores 7% daily stock fall limit
        58 15 Reuters [TAIPEI] Taiwan yesterday said it would end a temporary rule halving the daily limit by which individual stocks can fall, a measure put in place to stabilise the market. The Financial Supervisory Commission said the stock market would resume the 7 per
        – Reuters  -  58 words
      • Article
        Lock icon PCCW, partner win Oman licence
        64 15 Bloomberg [DUBAI] PCCW Ltd, Hong Kong's biggest phone company, and its local partner Awaser Oman won the second fixed-line licence in Oman, the sultanate's Ministry of Information said on its website yesterday. The licence is for local and international phone lines, broadband services, an underwater
        – Bloomberg  -  64 words
      • Article
        Lock icon Abdullah urges Indians to shun extremists
        57 15 -AP [KUALA LUMPUR] Malaysia's Prime Minister Abdullah Ahmad Badawi yesterday urged the minority ethnic Indians to renounce "extremist groups" that he said threaten national unity. He also promised to address complaints of discrimination. In a message marking Deepavali, Mr Abdullah called for unity and
        -AP  -  57 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Asustek seeks to secure netbook position
      715 16  -  JASON TAN The Eec PCs' success has attracted a horde of rivals including Acer, Dell By in Taipei IN April, barely six months into the launch of its first Eec PC netbooks, Taiwan's Asustek Computer chief executive Jerry Shen started thinking about how to
      715 words
    • Article, Illustration
      Lock icon Sensex may not have hit bottom yet
      693 16 AFP [NEW DELHI] The bears have come out in force in India with no one willing to forecast a basement for the country's stock market, which has plunged amid wrenching worries about the global economy. After being a star performer, soaring an astonishing
      AFP; Bloomberg  -  693 words
    • Article, Illustration
      Lock icon Beijing, Hanoi to settle dispute, boost trade
      563 16 -AFP [HANOI] In a step to resolving long-running disputes, China and Vietnam have pledged to turn contentious border areas into economic growth zones and jointly explore oil-rich offshore areas in the future. The communist neighbours who stress their comradely ties, but also have
      -AFP; AP  -  563 words
    • Article
      Lock icon China prepares for challenges despite sound economy
      407 16 Reuters [BEIJING] China must prepare for the challenges sure to be brought about by the global financial crisis, although the economy is generally in good shape, central bank governor Zhou Xiaochuan said yesterday. Reporting to the Standing Committee of the National People's Congress,
      – Reuters  -  407 words
  • Page 16 Advertisements
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      75 16 BRILLIANT FEATURES: High performance and balance of 3000 lumens with a 2000:1 contrast ratio True-to-life colors of DLP* with Brilliant Color™ technology Display Link content-over-USB for fast setup Lite Touch™ control LfnFccus The Big Picture HOW TO ZAP: Download software by SMS-ing the word "zap" to *****. Zap the code
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Corporate America is slashing jobs
      681 17 -NYT Finance sector may lose 300,000 jobs; steel mills to shut 17 of 29 blast furnaces [NEW YORK] As the financial crisis crimps demand for US goods and services, the workers who produce them are losing their jobs by the tens of thousands. Layoffs have
      -NYT; AP  -  681 words
    • Article
      Lock icon Swiss prosecutors mull probe of UBS, say reports
      282 17 Reuters [ZURICH] Swiss prosecutors are considering opening an investigation into the conduct of the management of ÜBS AG during the sub-prime crisis, two newspapers reported yesterday. Zurich prosecutor Andreas Ochsenbein told the Sonntag newspaper his office had been in touch with ÜBS
      – Reuters  -  282 words
    • Article, Illustration
      Lock icon Japanese premier can't find enough time for comics
      276 17 AFP [TOKYO] Japanese Prime Minister Taro Aso complained yesterday that he cannot find enough time to devote himself to his lifelong hobby reading comics. Mr Aso, who takes comics on trips abroad, said that he finished reading two weekly magazines last week
      AFP  -  276 words
    • Article
      Lock icon Japanese minister urges PM to delay snap polls
      505 17 Reuters [TOKYO] Japan's economics minister yesterday urged Prime Minister Taro Aso not to call a snap election soon because of the global financial crisis and the need for Tokyo to take its own steps to cope. Speculation has been simmering that Mr
      Reuters  -  505 words
    • Article
      Lock icon Iraqis have money but lack knowhow in spending it
      369 17 AP [BAGHDAD] Iraq's government has an unusual money problem as much of the world grapples with a credit crunch it can't spend its oil riches fast enough. The US is trying to change that by training Iraqi bureaucrats struggling to emerge
      AP  -  369 words
    • Article, Illustration
      Lock icon IMF chief retains job as probe clears him of power abuse
      472 17 -AFP [WASHINGTON] International Monetary Fund head Dominique Strauss-Kahn kept his job on Saturday after an investigation into his affair with an IMF economist, but was scolded by fund directors for "a serious error of judgment." Based on an independent
      -AFP  -  472 words
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  • GLOBAL FINANCIAL CRISIS
    • Article, Illustration
      Lock icon Untitled
      107 18 'We must use every means to prevent the financial crisis impacting growth of the real economy.' Chinese PM Wen JiaboA 'The government's scheme to push for additional tax cuts and expand its fiscal spending must ensure that the financial crisis will not lead to a slump in the real economy
      107 words
    • Article, Illustration
      Lock icon US govt may extend bailout to insurance companies
      564 18 NYT Carmakers want their financing subsidiaries to be eligible for funding [WASHINGTON] The chase for a piece of the Treasury Department's US$7OO billion bailout programme has intensified as the government considers extending it to include insurance companies as well as banks, and
      NYT; AFP  -  564 words
    • Article, Illustration
      Lock icon GE lends weight to Fed remedy
      57 18 General Electric plans to borrow from the Federal Reserve's new commercial paper programme when it opens next week. GE Capital, its finance arm, is the largest direct issuer of the debt, so the move may encourage other borrowers to take part, helping to thaw
      Blooomberg  -  57 words
    • Article
      Lock icon GE plans to use Fed's new funding facility
      230 18 Bloomberg [NEW YORK] General Electric (GE), the biggest US issuer of commercial paper, plans to use the Federal Reserve's new short-term funding facility, throwing its weight behind the central bank's efforts to unlock the credit markets. The Fed is seeking to stem
      – Bloomberg  -  230 words
    • Article
      Lock icon Japan should expand bailout plan: minister
      361 18 Reuters [TOKYO] Japanese Economics Minister Kaoru Yosano said yesterday that the government should increase its bank bailout scheme to around 10 trillion yen (Ssls9 billion) from two trillion yen. "Right now we can use two trillion yen. But that's probably insufficient. Whether we'll use
      Reuters  -  361 words
    • Article
      Lock icon Treasury to reshape finance industry
      405 18 ■NYT It is using funding programme to spur banks to do deals [NEW YORK] As the Treasury embarks on its unprecedented programme to recapitalise banks, it is also becoming increasingly clear that it wants not only to stabilise the industry, but to reshape it. As
      ■NYT  -  405 words
    • Article
      Lock icon S Korea mulling further tax cuts to lift economy
      497 18 ■AFP, AP [SEOUL] South Korean President Lee Myung-Bak said yesterday his administration planned further tax cuts and would expand government spending to prop up the ailing economy. Mr Lee summoned key advisers and ministers to a meeting yesterday where he urged
      ■AFP,; AP  -  497 words
    • Article
      Lock icon S Korea's finance minister battles low won, worse image
      329 18 Reuters [SEOUL] One caustic joke doing the rounds of South Korea's tumbling financial markets makes a play on the names of the president and finance minister to sound like the stricken US investment bank Lehman Brothers. President Lee Myungbak, and his
      Reuters  -  329 words
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  • FOCUS: MIDDLE-EAST
    • Article, Illustration
      Lock icon Bahrain – an oasis of change
      1602 19 Bahrain an oasis of change Its Crown Prince shares his thoughts on the kingdom's reason for being and his views on the financial crisis with SURESH MENON THE Kingdom of Bahrain in the Persian Gulf is an oasis in the otherwise volatile region. Its liberal history has made sure that
      REUTERS/BLOOMBERG  -  1,602 words
    • Article
      Lock icon Gulf finance ministers discuss global financial crisis
      651 19 ■AP, Reuters [RIYADH] Gulf Arab finance ministers said on Saturday that strict monetary oversight in their nations has protected them from the global financial crisis, and voiced confidence in their continued ability to stave off the meltdown that has hammered world markets and
      ■AP,; Reuters  -  651 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Air France-KLM likely to miss profit target
      428 20 Reuters But Europe's largest airline says it will remain in the black [PARIS] Air France-KLM became the first major European airline to issue a profit warning since the financial storm broke, sending its shares down more than 11 per cent as the industry
      Reuters  -  428 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2498 20 AIRLINE CODES: AA: American Airlines (AAL), AF: An Fiance (AFR), AI: An India (AIC), AY: Finnan Oy (FIN) Alitalia Airiines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), touraq inline: i&'.'.", E: EVA Airways
      2,498 words
    • Article, Illustration
      Lock icon Airlines to join emissions system
      641 20 ■NYT Carriers oppose EU's decision, cite costs and impact of a worsening economy [BRUSSELS] European Union governments gave formal approval last Friday to a potentially costly system of capping greenhouse gases from any airline flying into or out of the trade bloc just as the
      ■NYT  -  641 words
    • Article
      Lock icon Maersk to cut by 10% Asia-Europe capacity
      182 20 Bloomberg [COPANHAGEN] A P Moeller-Maersk, owner of the world's largest container line, will cut shipping capacity between Asia and Europe by 10 per cent as the global economic slowdown slows demand growth. Maersk will suspend its AEB service linking Asia with northern Europe
      Bloomberg  -  182 words
    • Article, Illustration
      Lock icon Hanwha's Daewoo bid raises funding worries
      548 20 Bloomberg [SEOUL] Hanwha Group's successful bid for the world's third-largest shipbuilder raised concern the South Korean industrial company may struggle to raise funds for the buyout amid the global financial crisis. A contract for the controlling stake in Daewoo Shipbuilding Marine Engineering Co will
      – Bloomberg; REUTERS  -  548 words
    • TRANSRORT STOCKS
      • Article
        Lock icon SGX
        107 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.23 0.25 0.67 0.32 0.40 0.50
        107 words
      • Article
        Lock icon KLSE
        36 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.58 8.15 8.10 2.36 2.33 0.06 0.08 -0.01 -0.05 0.05 -0.13 -0.16 -0.02 -0.01 151 76! 319! 12* 2( 131 271
        36 words
      • Article
        Lock icon BANGKOK
        13 20 'nn ■recious Ship Jegional Cont 9.60 7.30 -1 40 -0.90 347! 40:
        13 words
      • Article
        Lock icon HONGKONG
        11 20 '000 Doil iingamas Cont 12.10 0.50 -0.64 -0.05 112' 38(
        11 words
      • Article
        Lock icon PHILIPPINES
        24 20 '000 let 24 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.40 13.75 unch unch 0.10 -0.75 unch unch 672: 249:
        24 words
      • Article
        Lock icon TAIPEI
        22 20 Evergreen Marine ....13.80 :irst Steamship 25.95 ManHai Lines 12.45 r"ang Ming Marine ....7.62 -0.50 -0.90 -0.45 -0.27 5 0 1 7
        22 words
      • Article
        Lock icon TOKYO
        38 20 '000 'en :awasaki Hvylnd ..141.00 -17.00 ***** :awasaki Kisen 346.00 -34.00 9718 /litsubishi Hvy 314.00 -34.00 ***** /litsui Eng&Sbldg ..129.00 -12.00 ***** /litsui OsR Lines ....407.00 -58.00 ***** lippon Express 363.00 -20.00 5055 lipponYusen 382.00 -33.00 *****
        38 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      434 20 CRYPTIC CROSSWORD Talpc thp Ri\/prcirlp (A 9.\ H'' HI HI IHfl HI HI HHI I ales OT the KlVerSlCle (4,5) ■■■■j HJ HJ HJ HJ HJ rlinn illi imin^ti^n M^l ME I HI I I I ding Illumination y\) M^^^l MH 1f) Uamnor nnlitirian nn thp Ml 1 HI HH
      434 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9258 21 Week ended: Oct 24 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E m_ 14 3 3148 STelecom 19.5 3 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 21.5 6 1938 AEI Corp 16.5 1.5 1100 AEM 36 9.5 2101 APOil 141 35.5 5550
      9,258 words
    • Article
      Lock icon SGX CATALIST
      678 22 52-wks Tel |h Low Code Coj Last Sale tiVol Week Last Quote Div GrYld Net COOP) High Low Buyer Seller C'vr P/E M Cap Hii lt) 11.5 1181 s AAGrp 30.5 15 5000 sABRHIdgs 32 16.5 8538 s APStrategic 6 1 1501 s Advanced System 38 12.5 3518
      678 words
    • Article
      Lock icon SGX XTRANET
      771 22 52-Wk Tel High Low Code Last Sale Vol COOP) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap Cvr P/E $mil Com Hi< ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P5OO ***** ***** 6170 SPDRS 392.1 167
      771 words
    • Article
      Lock icon CLOB INTERNATIONAL
      878 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      878 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      122 22 Stock name Close Change Caj .and 2.580 -0.190 Caj lall 1.640 -0.100 Cit' 6.100 -0.460 Cosco Cor| 0.670 -0.055 DBS Gri 10.040 -0.940 FSN 2.400 -0.350 Gent Intl 0.360 -0.035 Golden At iri 0.170 -0.015 HKLand 2.350 -0.110 JMH 18.440 -0.060 I... I name lose lange
      122 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 22 Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 16 1 0 0 0 1 16 1 Manufacturing 38 149 41 12 20 12 50 169 53 Commerce 56 15 12 11 68 19 r/O ms 32 35 Finance 39 39 Construction 18 21
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 22 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 172,401 172,401 554,958 554,958 Manufacturing 1,258,990 106,850 1,365,840 720,779 4,912 725,691 Commerce 539,385 31,004 570,389 352,355 4,867 357,222 Tpt/Stor/Comms 647,675 3,696 651,371 991,395 714 992,109 Finance 257,832 257,833 1,879,492 1,879,492 Construction 88,723 37,343 126,066 8,591 1,056 9,647 Pro] 378,676
      116 words
    • Article
      Lock icon STOCKS ASIA
      2734 22 Transaction date: Oct 24 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,734 words
  • Page 21 Advertisements
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      26 21 7|T| In Association With v l 5 AUDEMARSriGUET i^^Tw&^-S^l f Le maitre de Vhorlogerie depuis 1875 :'^W "l .jfiM sjj I v &*™igW www.audemarspiguet.com dEj tS^B^^ *-?'>?"
      26 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      366 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct24 World Index Preliminan 655.0 -3.8 -42.1 -3.9 -42.4 -3.9 -44.9 EAFE Preliminai 615.5 -5.5 -45.1 -5.7 -47.3 -5.6 -49.6 Euroi Preliminan 858.2 -4.9 -44.4
      366 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      125 23 A s 9am oc t2 4 >f foreign currency: lurrencies Bid Offer wst dollar 0.9940 1.0520 .an dollar 1.1930 1.2070 luro 1.9210 1.9430 IZ dollar 0.8810 0.9010 iterlini ind 2.4110 2.4390 JS dollar 1.4930 1.5100 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer
      125 words
    • Article
      Lock icon INTERBANK RATES
      175 23 octi4 Overnight 1/2 1-month 1 3/16 2-months 1 1/4 3-months 1 5/16 Overnight mode: 3/16 US$ Offer 3/8 15/16 1 1 1/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 4.00 4.25 4.25 4.25 4.25 4.25 Offer 1.50 3.10
      175 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 23 oct24 ten Hii Sett >TI ilMSCI Oct 209.2 209.8 192.3 'aiwan Oct 171.1 172.7 159.4 Source: MF Global (S) He. Ltd
      24 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 23 Out 24 SS Bid Offer 1-month 1.5037 1.5051 2 months 1.5009 1.5029 3 months 1.4979 1.4999 6-months 1.4901 1.4924 Source: OCBC
      24 words
    • Article
      Lock icon PALM OIL
      58 23 oct24 lelivery lonth Opening Sett Av Range Price Price Vol Open Done Position Hi Low \Jov08 1570 }ecO8 1518 Ian 09 1520 :eb09 1554 FotaI o/p: ***** contracts 1418 1583 1391 1389 1553 1362 1390 1556 1358 1390 1560 1369 Turnover: ***** lots Market tone: Lower 452 4037
      58 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      307 23 oc t24 URODOLLAR FUTURES DecO8 VlarO9 unO9 iepO9 97.3900 97.6100 97.6300 97.6200 9772 ***** 4808 3762 EUROYEN TIBOR FUTURES DecO8 99.205 99.235 VlarO9 99.295 99.400 unO9 99.295 99.320 >epO9 99.275 99.275 DecO9 VlariO 99.150 99.150 lun10 >ep10 99.205 99.295 99.295 99.275 99.150 99.235 99.345 99.330 99.285 99.220
      307 words
    • Article
      Lock icon SICOM FUTURES
      179 23 Oct 24 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Nov 08 Dec 08 Jan 09 Feb 09 Mar 09 Apr 09 175.5 175.5 179.0 180.0 180.5 182.5 12 403 337 651 593 617 517 TSR 20 (US cents/kg)
      179 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 23 oc t24 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****X 22.01.09 1-Year BY*****N 04.05.09 0.87 1.08 0.82 0.72 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 10-Year NY*****A 4.000 15-Year
      89 words
    • Article
      Lock icon CHICAGO BOT
      104 23 Oct 24 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov08 863.75 884.50 901.00 845.00 Jan 09 867.00 888.50 905.00 850.00 Mar 09 875.00 896.50 912.00 857.00 May 09 884.00 905.50 920.00 866.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 31.47 32.82 32.40 30.70
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 23 CRUDE OIL PRODUCTS oct23 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 67.02 1.51 WTI (Near Mth) 67.20 1.36 Dubai (1-Mth F) 60.61 -1.69 Tapis blend 69.80 -2.05 Minas 67.75 -1.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 39.67 83.90 -1.78 -0.25 US$/barrel Opec Oil Basket
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      444 23 Oct 24 Australia 0.813 4.367 0.504 4.944 31.847 63.813 0.607 9.081 2.282 1.105 51.886 31.207 0.960 7.267 0.748 21.321 22.117 0.402 0.638 Canada 1.230 5.374 0.620 6.083 39.188 78.521 0.747 11.174 2.808 1.359 63.845 38.399 1.182 8.942 0.921 26.236 27.215 0.495 0.785 China 0.229 0.186 0.115 1.132
      444 words
    • Article
      Lock icon SIBOR
      75 23 Oct24 1 mth 3.***** 1.***** 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates
      75 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 23 oc t2 4 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9595 0.9609 0.6374 0.6379 Canadian dollar 1.1809 1.1822 0.7844 0.7848 Euro 1.9055 1.9074 1.2658 1.2662 NZ dollar 0.8686 0.8701 0.5770 0.5776 Sterling 2.3861 2.3882 1.5850 1.585.
      157 words
    • Article
      Lock icon PRECIOUS METALS
      139 23 oct24 GOLD (USS/oz) Oct 23 Oct 24 Hong Kong London 728.00 694.40 729.00 695.40 Oct 24 Oct 23 709.60 719.15 712.00 722.15 Source: Thomson Reuters CAST BAR (S$) Oct 24 Buying Sellini Kilobar "37,521.69" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      139 words
    • Article
      Lock icon LONDON METALS
      68 23 Oct24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1917.00 1953.00 3 months 1971.00 2007.00 Copper, Grade A (US$/tonne) Cash 3 months 3784.00 3770.00 4064.00 4040.00 Lead (US$/tonne) Cash 1259.00 3 months 1271.00 1277.00 1287.00 Nickel (US$/tonne) Cash 3 months 9826.00 *****.00 9173.00 9350.00 Tin (US$/tonne) Cash *****.00 *****.00
      68 words
    • Article
      Lock icon LIFFE
      69 23 oct24 COCOA (Btonne) Close Prev Hii ih/Low Dec 08 1298 1281 1300/1261 Mar 09 1302 1286 1308/1265 May 09 1312 1294 1315/1275 JulO9 1324 1306 1327/1286 COFFEE (US$/tonne) Close Pev High/Low Nov08 1618 1674 1664/1580 Jan 09 1668 1719 1710/1628 SUGAR (US tonne) White Close Prev High/Low Dec 08
      69 words
    • Article
      Lock icon BONDS & WARRANTS
      3083 23 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left 2058 Advance Modules GrpW*****3 2036 Advance SCT Ltd W*****9 9092 Asia Environment W*****4 4481 Asia Water Tech Ltd W*****0 3816 #Asiasons Capital Ltd W*****7 8756 Asiatic Grp (H) Ltd
      3,083 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      2601 24 m The Business Times Shipping Times A\ m^M BICT^ffllBlffffffffilfflBlffiB T WAN HAI INTERNATIONAL PTE LTD crnon69S92oooo/r V ±*m K%M mKMmmmim^\mi!^m1m V-rrr\ ■■>!■ ■■>■ TEL:*****588 (14 LINES) FAX:6224H63 V V B^^^if7!^^^H Knl^fl BeE laWgwla» AM I WAN HAI INF\ Custom* Smi<e/BookingsDii«l Line (1800) *****200 A A M» 1™1,*1»1" I I iffBii
      2,601 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      3794 25 RICKMERS-LINIE ww **^Hdp-hih-i^., |t~iT\ EASTERN CAR LINER, LTD I g|) QGSlf^^ uSr gk'BU' k/PrOieCt/SOC COnVen"Ong' WebS"e: ~ritk—^- \f^J spec.al.ze IN RORO heavy l.ft »PTO 450 ton^ WEEKLY EXPRESS SAILING SCHEDULE I Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB
      3,794 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      5720 26 KSI HHH R II _g AJm^BJi^ »,ZSSSI r«i GLORY NAVIGATION GROUpI WSxmWl ffili HiPiPB MM MM WfM north west express line to#*L-t«s.^f «*-^»i MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS Halts aRt aHIVaL Halts SINCE 1970 fc^H I VESSEL I VOY Singapore Jakarta I Fremanlle I Cocos Island I Christmas
      5,720 words
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  • BizIT
    • Article, Illustration
      Lock icon Dell puts on a new game face in Asian market
      780 27  -  WINSTON CHAI Its design philosophy now emphasises form as opposed to functional and low-cost attributes in the past FROM direct sales to retail and staid designs to sexy, Dell is speeding up its re-in-vention drive in the region, with Asia
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    • Article, Illustration
      Lock icon S'pore SMBs to spend US$4.1m on conferencing solutions
      601 27  -  AMIT ROY CHOUDHURY 2006-2012 spending likely to rise at CAGR of 3.4%: AMI By SMALL and medium-sized businesses (SMBs) in Singapore are set to spend about US$4.l million on conferencing solutions in Singapore, up 4 per cent over 2007, according to the
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    • <what's up>
      • Article
        Lock icon NUS wins search engine contest
        102 27 JOUSTING with top varsities from China, France, Japan and the US, the National University of Singapore (NUS) last week emerged the winner in the final round of a contest that seeks to usher in the next wave of multimedia search engine technologies. Team NUS walked
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      • Article
        Lock icon Digital film festival in October
        115 27 PROCLAIMING "Television 2.0" as its theme, the inaugural Digital Media Festival 2008 (DMfest 2008) will be held in Singapore on Oct 30 and 31 at The Legends at Fort Canning, with opening night screening at the Gallery Theatre, National Museum. Organised by the Singapore infocomm
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      • Article
        Lock icon 11 PC outlets recognised by M'soft
        97 27  -  Compiled by ONG BOON KIAT ELEVEN local computer system builders were last week recognised by Microsoft as "Genuine Software Advocates". They are Mix Media Equipment, Cospro Technology, Fuwell International, Video Pro Com, Cybermind Computer House, Bell Systems Electronics, Chamoxa Office Automation Singapore, Cyberactive Technology,
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    • Article
      Lock icon Predictive analytics – Hidden Dragon for the 21st Century
      869 27  - Predictive analytics Hidden Dragon for the 21st Century BILL LEE &lt;you say&gt; By ■he famous words of Zhuge Liang, Chancellor of Shu Han Dynasty of China and one of the greatest and most accomplished strategists of his era, holds a powerful message for businesses today: "There are three avenues of
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    • THE BUSINESS OF INFOCOMM TECHNOLOGY
      • Article, Illustration
        Lock icon Open source takeup rising in Asia: Red Hat
        725 28 Company's CEO James Whitehurst says middleware segment is especially bullish and eyes Singapore and Asia operations ramp-up, reports ONG BOON KIAT ITH cost-cutting an urgent mandate as businesses continue to be buffeted by the financial crisis, Asian companies are now more eager
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      • Article
        Lock icon Red Hat moves into new S'pore office
        130 28 BURGEONING business saw Red Hat move into a bigger office in Singapore last month, taking up occupancy of the 10th floor at 8, Shenton Way. "As our business grows, we need a bigger office. We also took the opportunity to consolidate our Global
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      • Article, Illustration
        Lock icon The Asus G50 gives you bang for your buck
        671 28  -  LEE KIM SIANG &lt;cool stuff&gt; But it's let down by poor battery life that lasts only 2 hrs By GAMING is big business now and Asus is setting its sights on widening its share of the billion-dollar gaming pie with its
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      • Article
        Lock icon S'poreans flock to Web for financial research
        267 28 THE gloomy economic climate is spurring more Singaporeans to seek shelter under the Internet highway before venturing out to put pen to paper on another financial product. According to a Goog-le-sponsored survey conducted by marketing research firm Media-Screen LLC, nearly three out of
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      • <what's new>
        • Article
          Lock icon New Sun server claims multiple world records
          81 28 SUN Microsystems this month launched a new server targeted at enterprises: the Sun SPARC Enterprise T5440. Backed by benchmark tests designed for enterprise software such as SAP and Siebel, the server claims to be the fastest of its class in the industry. Designed
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        • Article, Illustration
          Lock icon Seagate launches ultra-secure
          100 28 storage STORAGE specialist Seagate Technology last week launched a portable hard drive for consumers with "government-grade" security. Using a hardware-based encryption scheme, the Maxtor Black Armor is designed to keep data from prying eyes in the event of loss or theft. Also nifty is a function that
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        • Article, Illustration
          Lock icon Artsy Motorola aims to thrill luxury seekers
          85 28 luxury AIMING At society's elites and luxury seekers, the new Motorola AURA features precision Swiss-made bearings in its buttery-smooth swivel mechanism, intricate chemical-etched patterns on its stainless steel facade, sapphire crystal for its circular display lens, and other fine touches. This quadband phone
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        • Article, Illustration
          Lock icon HP expands smartphone line
          88 28 HEWLETT-PACKARD last week announced two new additions to its iPAQ-branded smartphone family. The iPAQ Voice Messenger is a 3G smartphone with an integrated 20-key keypad. The iPAQ Data Messenger is also a 3G phone but has built-in GPS, and features a large touchscreen display and slide-out
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        • Article
          Lock icon Largest SanDisk flash memory cards here
          82 28  -  Compiled by ONG BOON KIAT SANDISK has launched the latest and largest in the industry-16GB versions of its microSDHC and Memory Stick Micro (M 2) flash memory cards in Singapore. These fingernail-sized cards can be used to expand the memory capacities of newer mobile
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