The Business Times, 3 December 2008

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Microfilm: NL29594
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    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, December 3,2008
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  • Article
    Lock icon Sydney-LA route slip-slides away from SIA again
    569 1  -  NISHA RAMCHANDANI [SINGAPORE] It's not so much a dance as an awkward sideways shuffle that looks set to continue into the immediate future. Singapore Airlines (SIA) will not be allowed to fly the lucrative and much protected trans-Pacific Syd-ney-Los Angeles route after all,
    569 words
  • Article, Illustration
    Lock icon YTL ups the ante to clinch PowerSeraya
    573 1  -  CONRAD TAN Deal comes just a week after Temasek stopped tender for the genco [SINGAPORE] In a stunning about-turn, Temasek Holdings has sold electricity generating firm PowerSeraya to Malaysia's YTL Power International for $3.8 billion just a week after it postponed the sale
    BLOOMBERG  -  573 words
  • Article, Illustration
    Lock icon Indulge in The Classics – Redefined this Friday
    175 1 Indulge in The Classics Redefined this Friday TRENDS may come and go, but the classics never go out of style. All the more so in times of uncertainty, as people seek out all things familiar and comforting, especially at Christmas time. So, celebrate the season early this Friday, Dec 5,
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 uesi iam 1COMP 845.75 -2.68 IIKKEI225 7,863.69 -533.53 IANG SENG 13,405.85 -702.99 ;et index 387.32 -3.60 JAKARTA COM P 1,191.36 -31.77 IANILACOMP 1,879.87 -91.70 ;eoulcomp 1,023.20 -35.42 ;henzhen b 262.66 +2.77 IUMBAI IND 8,739.24 -100.63 11AM EST Cham )OW 8,321.84 +172.75 IAS DAI
      44 words
    • Article
      Lock icon PRIME RATES
      28 1 SINGAPORE 5.38 MALAYSIA 6.72 HONGKONG 5.00 INDONESIA 16.575 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 3.00 US 4.00 CANADA 4.00 SWITZERLAND 2.27 INDIA 13.00 Source: Bloomberg
      Bloomberg  -  28 words
    • Article
      Lock icon FOREX
      46 1 IS$ (S$ per US$) 1.532 (US$/S$ per 1.488 2.280 ;URO (US$/S$/E) 1.262 1.933 Foreii in curreno ier US$ S$ 'EN 93.40 61.00 3.639 2.376 IK$ 7.751 5.060 !AHT 35.67 23.29 lUPIAH 12,300 8,030 lENMINBI 6.887 4.496 INDIAN RUPEE 50.51 32.97 1.566 1.022 IZ$ 1.895 1.237
      46 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      53 1 Jo%^ TRANSPORT EXEC MONEY COMPANIES ART OF WAR JiPgJM jf^ Hong Seh celebrates with Great Link Choice Singapore market Zap for Sun Tzu's strategies! §E§QM Ferrari show funds take a hit pulls in US investors Win an Epson wireless »jE| RK A PAGE 23 PAGE 32 PAGE 5 projector! PAGE
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  • TOP STORIES
    • Article
      Lock icon Arbiter answers burning question about US recession
      571 2 Reuters Country in recession since Dec 2007, debate remains as to how long and deep it will be [WASHINGTON] The US economy sank into recession in December 2007, the arbiter of the nation's business cycles declared on Monday, and the downturn could be
      Reuters  -  571 words
    • Article, Illustration
      Lock icon Airport siege set to end as Thai PM resigns
      578 2 AP, AFP, Bloomberg [BANGKOK] Thailand's Prime Minister Somchai Wongsawat resigned yesterday after weeks of protests that paralysed his government and closed the capital's airports. Cargo flights resumed and protesters promised to lift their siege by today. The resignation of Mr Somchai
      AP, AFP, Bloomberg; AP  -  578 words
    • Article
      Lock icon Restructuring of Minibonds on hold
      666 2  -  SIOW LI SEN [SINGAPORE] Minibond investors have just been dealt a fresh blow restructuring options are no longer on the table following legal challenges arising from the bankruptcy of Lehman Brothers. It also means that the receivers cannot sell the underlying collateral of the Minibond
      666 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon YTL ups the ante to clinch PowerSeraya
        61 2 IN a stunning about-turn, Temasek Holdings has sold electricity generating firm PowerSeraya to Malaysia's YTL Power International for $3.8 billion just a week after it postponed the sale indefinitely due to poor market conditions. YTL Power will pay Singapore state-owned fund Temasek $3.6
        61 words
      • Article
        Lock icon Sydney-LA route slip-slides away from SIA again
        69 2 SINGAPORE Airlines will not be allowed to fly the lucrative and much protected trans-Pacific Sydney-Los Angeles route after all, despite comments in late October by Australian Transport Minister Anthony Albanese that suggested Australia was open to SlA's long-standing request. In the Aviation Green
        69 words
      • Article
        Lock icon Arbiter answers burning question about US recession
        83 2 THE US economy sank into recession in December 2007, the arbiter of the nation's business cycles declared on Monday, and the downturn could be the worst since World War 11. The National Bureau of Economic Research said its business cycle dating committee members
        83 words
      • Article
        Lock icon SATS takes SFI on its plate to spread wings
        78 2 IN an effort to lessen its dependence on the volatile aviation sector, Singapore Airport Terminal Services is buying up Temasek Holdings' 69.68 per cent stake in listed Singapore Food Industries Ltd for some $334.5 million. The value of the purchase could
        78 words
      • Article
        Lock icon Spore market pulls in US investors as crisis deepens
        87 2 AS the financial crisis deepens at its epicentre in the US in the third quarter, investors there those still with cash to spare appear to have taken cover in some selective markets abroad, including Singapore. The latest figures released by the
        87 words
      • Article
        Lock icon Ban Joo, Firstlink put on SGX watch-list
        36 2 TWO more loss-making mainboard companies Ban Joo Company and Firstlink Investment Corp have been placed on the Singapore Exchange's watch-list, bringing the number to 15. COMPANY NEWS, PAGE 8
        36 words
      • Article
        Lock icon Govt urged to relax Internet regulations
        88 2 A GOVERNMENT-APPOINTED panel has called on the authorities to step up their engagement with Singaporeans online and to go easy on control of political content on the Internet. The Advisory Council on the Impact of New Media on Society, helmed by Cheong Yip Seng,
        88 words
      • Article
        Lock icon Japan acts to ease corporate credit crunch
        78 2 THE Bank of Japan yesterday announced a 3 trillion yen (Ss49 billion) emergency funding programme to head off an impending credit crunch that is threatening to plunge parts of Japan's corporate sector into crisis. Under the programme, the central bank will expand the
        78 words
      • Article
        Lock icon Deep rate cut seen as Eurozone producer prices fall
        82 2 EUROZONE producer prices fell more than expected month-on-month in October, data showed yesterday, underlining disinflationary trends in the recession-hit economy and the scope for a deep ECB interest rate cut. A drop in the cost of energy and intermediate goods pulled
        82 words
    • Article, Illustration
      Lock icon SATS takes SFI on its plate to spread wings
      859 3  -  YEN SREENIVASAN It is paying $334.5 m for Temasek's 69.68% stake; deal sparks general offer [SINGAPORE] In an effort to lessen its dependence on the volatile aviation sector, Singapore Airport Terminal Services (SATS) is buying up Temasek Holdings' 69.68 per cent
      FILE PHOTOS  -  859 words
    • Article, Illustration
      Lock icon British Airways in merger talks with Qantas
      434 3 Reuters [LONDON] British Airways is in merger talks with Australia's Qantas, it said yesterday, adding to various attempts at consolidation in an industry desperate to cut costs in the global economic downturn. Shares in British Airways, which had been up 5.1 per cent
      Reuters; AFP  -  434 words
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      194 words
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      39 3 CN Z LU Z X < -i < i-i O /^P^^ _l THE CREATORS I^^l^B I HOROLOGICAL LAB WWW.MBANDF.COM I THE HOURGLASS Contemporary Horological Art Singapore TAKASHIMAYA S.C. TEL: 65-6734 2420 TANG PLAZA TEL: 65-6235 7198 MILLENIA WALK TEL: 65-6339 4870
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      87 4 Here are a few good reasons to stay at Pan Pacific. Pan Pacific Singapore *L JN- Pan Pacific Kuala Lumpur *^L W "World's Leading Business Hotel 2008" International Airport W' (2 years running) "World's Leading Airport Hotel 2008" lU* World Travel Awards *f «jfr World Travel Awards |f PAN PACIFIC
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  • COMPANY NEWS
    • Article
      Lock icon S'pore market pulls in US investors as crisis deepens
      635 5  -  CHUANG PECK MING USTreaasuty Q3 saw net USss43m of Spore stocks bought, reversing net sale in Q2 AS the financial crisis deepens at its epicentre in the US in the third quarter, investors there those still with cash to spare appear
      USTreaasuty  -  635 words
    • Article
      Lock icon Yongnam secures $88m contract for Integrated Hub
      231 5  -  MARISSA LEE YONGNAM Holdings has secured an $88 million contract for the construction of the Integrated Civic, Cultural, Retail and Entertainment Hub (Integrated Hub) at Vista Xchange at one-north. A structural steel contractor and specialist engineering solutions provider, Yongnam will supply and erect
      231 words
    • Article
      Lock icon EXpenses eating into Tung Lok's profits
      631 5  -  JAMIE LEE PROFITS dished out by Tung Lok Restaurants over the past few years have been less than piping hot. For its fiscal half-year ended September, the F&B group turned in $2.51 million in net losses, reversing a net profit of $6,000 for the
      631 words
    • Article, Illustration
      Lock icon Fastech Synergy creditor seeks to recover loan
      341 8  -  CONRAD TAN Firm says it believes Chinatrust's action will not significantly affect its operations FASTECH Synergy, an electronics manufacturer facing financial difficulties, said yesterday one of its creditor banks is seeking to recover the security on its loans, after rejecting its proposed revisions
      FILE PHOTO  -  341 words
    • Article
      Lock icon Ban Joo, Firstlink put on SGX watch-list
      453 8  -  LYNETTE KHOO Ban Joo's FYOB net loss widens; Firstlink also suffered losses for 3 fiscal years TWO more loss-making mainboard companies Ban Joo Company and Firstlink Investment Corp have been placed on the Singapore Exchange's watch-list, bringing the number to 15. For the
      453 words
    • Article
      Lock icon SingTel's satellite contract goes to Mitsubishi Electric
      187 8 SINGAPORE Telecommunications has awarded a $200 million contract for building its new communications satellite to Japan's Mitsubishi Electric Corporation. Sing Tel will have a 62 per cent stake in the new ST-2 satellite, with its Taiwanese partner Chunghwa Telecom owning the remainder. Upon
      187 words
    • Article, Illustration
      Lock icon Takeovers seen as palm oil prices slump
      719 10 Reuters Large firms are well placed to buy land from what could be forced sales [KUALA LUMPUR] A slump in palm oil prices is giving Asia's cash-rich planters a chance to take over smaller firms that mushroomed in recent years as commodities boomed,
      Reuters; REUTERS  -  719 words
    • Article, Illustration
      Lock icon Koh Bros order book at $550m with LTA deal
      292 10  -  UMA SHANKARI KOH Brothers Group's order book has climbed to $549.7 million after it clinched a major contract, the company's chief executive Francis Koh said yesterday. The company, with French joint-venture partner Soletanche Bachy, recently won a $582 million deal from
      292 words
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      156 5 THE POWER TO CHANGE THE WORLD BEGINS AT 339 HP. INTRODUCING THE WORLD'S FIRST PERFORMANCE HYBRID SEDAN. THE ALL NEW GS HYBRID. J 'I 31 31 SI 1 II Br IP^ 31 fc HI y V^B B^-Jjs^^^^^^ J i 3 1 -ji«- U^kL^^^^Sß 1 t' [\yTHffffff Lexus j REVOLUTIONARY HYBRID
      156 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall St rally fizzles out, currencies hit again
      930 6  -  LARRY WEE CURRENCIES Even the once-unstoppable yuan has taken it on the chin now IT WAS good while it lasted, watching Wall Street's stock indices rebound smartly to record some of their largest ever one-day gains over the past week. But the
      930 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      87 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 4 10 1 0 0 0 4 10 1 lanufacturing 38 53 51 10 44 56 61 Commerce 22 15 26 18 )t/Stor/Comms 19 21 ■inance 23 23 instruction 11 'roi lerties 22 22 lotels/Rsts iervices
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      111 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 29,133 29,133 63,577 63,577 lanufacturing 197,847 4,517 202,364 118,172 424 118,596 Commerce 51,177 1,911 53,088 53,011 198 53,209 ■pt/Stor/Comms 94,888 33 94,921 143,713 143,716 :inance 31,551 31,551 232,740 232,740 Construction 9,081 558 9,639 627 10 638 'roperties 39,618 39,618
      111 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      108 6 lapitaLand 2.490 -0.100 lapitaMall 1.580 -0.100 lityDev 5.250 -0.130 Iosco Corp 0.760 4-0.040 IBS Grp 9.180 4-0.100 :&N 2.730 -0.070 Sent Intl 0.390 -0.005 iolden Agri 0.205 -0.010 IK Land 2.300 -0.150 IMH 17.000 -0.600 ISH 9.280 -0.170 lardineC&C 9.420 -0.470 leppel Corp 3.770 -0.160 leppel
      108 words
    • Article
      Lock icon BROKERS' TAKE
      799 6  -  LYNETTE KHOO Wheelock Properties Dec 2 close: 550.835 DBS Group Research, Dec 2 WHEELOCK Properties is trading at around 0.45 times P/B, lower than its Q3 1998 quarterly trough of 0.6 times P/B. Even as its core business in the high-end property market has slowed significantly in the
      799 words
    • Article, Illustration
      Lock icon No surprise again as STI reacts to US dive
      529 6  -  R SIVANITHY STOCKS ONCE again, there was no surprise in trading yesterday as Wall Street's al-ready-anticipated at least in this column Monday crash reverberated around this part of the world. With Japan caving in by 6 per cent, Hong Kong's Hang
      529 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 6 CLOSE IT OB/OS -380.00+118. C IT CADI -*****.00 -112. IT 10-day MA -*****.00 -38.0' TSE ST Mid Cap 323.89 -5.5' TSE ST Small Cap 273.46 -3.1 TSE ST All Share 391.33 -10.81 TSE ST China Top 163.44 +1.5 TSE ST China 165.56 +1.2 IOB Catalist 72.85 -0.6:
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Golden Agri 50,278,000 Noble Grp 32,224,000 Sing Tel 31,426,000 Cosco Corp 29,032,000 ASTI 22,163,000 Straits Asia 19,205,000 SembMar 18,343,000 China Honqxinq 16,920,000 Midas 16,673,000 IndoAqri 16,097,000 VALUE(S) UOB 85,076,220 Sing Tel 78,198,750 DBS Grp 74,994,410 Keppel Corp 43,872,165 Capita Land 35,905,147 SGX 32,908,910 Noble Grp 28,142,175
      58 words
    • Article
      Lock icon RISES
      104 6 CLOSE UP ICBCCai 5.1%NCPS 100 8500 50.0 0.6 ICBC Bk5.1%NCPS 100 9068 18.0 0., IOBRBePW*****3 83.5 15.0 21. :50 10US$ 221 13.8 4., iBS Gr| 918 10.0 1.1 itraits Trdi 388 10.0 2.' IOI 220 10.0 4.: IQB BNP ePW*****8 63.5 7.5 13.. m 1950 DBePW*****2 68.5 6.5 10.
      104 words
    • Article
      Lock icon FALLS
      115 6 CLOSE DOWN LP 10US$ 7540-624.9 -5.1 IMH 1700 -91.9 -3.4 UOB 1200 -70.0 -5.5 China H 10US$ 900 -67.4 -4.7 MS India 10US$ 653 -56.7 -5.4 lardine C&C 942 -47.0 -4.8 :iMBAsean40 100US$ 448 -41.4 -5.7 IS MSCI India 100 295 -29.1 -6.1 ISH 928 -26.0 -1.8 I A
      115 words
    • Article
      Lock icon CURRENCIES
      84 6 Where S! stands Dec 2 %CHNG CLOSE FRDec! YR2008 S$ LOW S$ HIGH uss 1.5300 -0.26 1.5346 1.3457 Euro 1.9293 0.02 2.2064 1.8640 Pounds 2.2722 1.61 2.8431 2.2111 AS 0.9804 -0.14 1.3251 0.9068 Yen* 1.6455 -1.42 1.6645 1.2619 Rupiah* 0.***** -0.47 0.***** 0.***** Baht* 4.2893 -0.48 4.4299 4.0190 Peso*
      84 words
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      148 7 Improving lives through advanced technologies. "-.,.1 Bill J'iii^itnjJiß riT. IrilfclirißriilJllilLiifflWiniTJU 5S n^ L'"'""" fd T ~*jil~ i ft^^^^^(lHw*^^H-^!IH Jmujjitt kjiiii|.EDpiDli:lGJl' r <B*BVBT>Mv**'^l 'il^K HF^ r' I tf 1 1- Hitachi 1.5 World's First Ultra Thin Full HD LCD TV. Hitachi's goal is to empower lives in every aspect with advanced
      148 words
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      62 8 Singapore's prudent financial approach has made us strong. Together, we will weather this storm. With a continued 'AA' rating by Standard Poor's, NTUC Income remains your solid partner. As part of NTUC, we are people focused, not profit focused. Serving 2 million Singaporeans, we have earned the trust of the
      62 words
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      147 8 EPSON EXCEED YOUH VISION for daily Sun Tzu's Art of War quotes Brought to you by EPSON Find out how Sun Tzu's strategic principles can be applied in modern day business and human relationship. Sun Tzu's Art of War reveals secrets for success. Win a wireless projector worth $2,588! Make
      147 words
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      118 9 m 111 ill X/IDTIIC Keppel FELS has successfully completed the jackup On track for an early delivery, VIRTUE I is the second rig, VIRTUE I, with a clean safety record. The rig was KFELS B CLASS rig Keppel FELS has built for the Jindal built for Virtue Drilling Pte Ltd,
      118 words
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      217 10 Singapore ga^es j»^ conversations wotith Award itfrWms* 2008 edition v>r^xxx rrilxiy &!to 52 interviews by Business Times journalists THE HIGHEST YOUTH a.-^A ACCOLADE IN SINGAPORE *W<i> The Singapore Youth Award Award categories: The diverse experiences (SYA) honours outstanding local youth Nominations can be made for individual OTSOme OTthe ITIOSt it
      217 words
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      300 11 If your IT system goes down, will the rest of your business follow? Our reliable architecture keeps you on firm ground. numerous applications reside. Drawing on our expertise in Q^ The moment you think you're prepared for anything, multiple platforms and storage management, we are able to the unexpected happens.
      300 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Govt urged to loosen up, relax Internet regulations
      980 12  -  CHUANG PECK MING More freedom in cyberspace Recommendations of the Advisory Council on the impact of new media on society Government should push further with e-engagement Take an evolutionary approach because both government and citizens have to adapt to the new form
      980 words
    • Article, Illustration
      Lock icon Expanding heart centre adding more staff
      391 12  -  CHEN HUIFEN WITH rising demand for treatment, Singapore's latest national heart centre at Kent Ridge plans to increase its staff headcount at a rate of 10 per cent a year for the next three years. "At this point in time, we have about 300
      FILE PHOTO  -  391 words
    • Article, Illustration
      Lock icon November manufacturing falls
      361 12  -  JONATHAN GAN SIPMM chief sees unemployment rising in near-term THE manufacturing economy shrank in November, says the Singapore Institute of Purchasing Materials Management (SIPMM). The institute's purchasing managers' index (PMI) fell to 44.3 a record low since it was launched in January 1999. The key electronics sector
      BLOOMBERG  -  361 words
    • Article
      Lock icon 46% of S'poreans plan on charity giving next year
      251 12  -  TEH SHI NING Proportion lower than region's 57%: Mastercard survey By LESS than half of consumers here intend to donate to charity in the coming year, a MasterCard survey conducted in September found. Of the 406 Singaporean consumers polled, 46.3 per
      251 words
    • Article, Illustration
      Lock icon S'pore, Costa Rica to begin talks on free trade pact
      247 12  -  I NOOR AISHA By SINGAPORE and Costa Rica yesterday announced they will begin negotiations for a Free Trade Agreement (FTA). This was announced on the sidelines of the official visit of Oscar Arias Sanchez, president of the Republic of Costa
      247 words
    • Article
      Lock icon Ex-school site attracts healthy interest
      237 12 THE former Sell Chuan High School has received healthy responses under the Ideas Tender Scheme by Singapore Land Authority (SLA). Teo Cher Hian, SLA's director of land operations (private), said yesterday: "The response to this property was encouraging. From our experience, we note that those
      237 words
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  • ECONOMY WATCH
    • Article
      Lock icon Japan acts to ease corporate credit crunch
      425 13  -  i ANTHONY ROWLEY BOJ expands range of corporate debt it will accept as collateral for loans By in Tokyo THE Bank of Japan yesterday announced a 3 trillion yen (Ss49 billion) emergency funding programme to head off an impending credit crunch that is
      425 words
    • Article
      Lock icon With zero interest rate, Swiss seeking new economic tools
      520 13 Bloomberg [ZURICH] The Swiss National Bank is becoming the first central bank in Europe to learn what it's like to live in a zero interest rate world. "They simply don't have much room left on interest rates" following a 100 ba-sis-point
      – Bloomberg  -  520 words
    • Article, Illustration
      Lock icon Australian central bank slashes rates
      560 13 Reuters [SYDNEY] Australia slashed interest rates, kicking off another round of global central bank action to soothe markets and shore up crumbling economies. Britain, the euro zone and New Zealand will almost certainly cut interest rates later this week. In addition to more rate cuts,
      – Reuters; AP  -  560 words
    • Article, Illustration
      Lock icon Sceptics cast loving glances at euro
      487 13 -A^r [COPENHAGEN] The deepest financial crisis since the Great Depression has prompted countries that had snubbed the euro to take a fresh look at the virtues of the common European currency. After turmoil in the currency markets nearly destroyed the Icelandic krona and undermined
      -A^r  -  487 words
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      575 14 Q park avenue jj kg i HOTEL-SUITES-SERVICED OFFICE jMj JH ~^--j A Brand with Staying Power/1^ leal* Park Avenue is a home-sprung brand incepted in 1996. The Park Avenue brand first mO9 christened a 150-room serviced apartment tower, Park Avenue Suites UE Square, I along Clemenceau Avenue. ft IK Through
      575 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon KL firms' weak Q3 earnings spark analyst downgrades
      583 15  -  PAULINE NG Sectors such as construction, telco, transport, banking underperform By in Kuala Lumpur ANALYSTS have slashed their earnings growth forecasts after corporate Malaysia turned in a third quarter performance that revealed earnings to be souring faster than expected. Malaysian corporations posted
      BLOOMBERG  -  583 words
    • Article
      Lock icon MISC chief exec tipped to rejoin Petronas
      410 15  -  > S JAYASANKARAN By in Kuala Lumpur SHAMSUL Azhar Abbas, the outgoing chief executive of MISC Bhd, Malaysia's and the region's largest shipping line, could move to national oil company Petronas to head its international operations, according to industry officials. His successor at
      410 words
    • Article
      Lock icon Malaysian firm, Iran seal US$l4b gas deals
      264 15 Reuters [TEHERAN] Iran has signed gas deals worth US$l4 billion with Malaysia, state television reported yesterday, the latest Asian investment in the Islamic Republic where Western firms have become increasingly cautious about their investments. The deals involved a project to produce liquefied natural
      ■ Reuters  -  264 words
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      126 15 'TIS THE SEASON TO BE MERRY! HtltL. I LET THE CELEBRATIONS BEGIN! Wt SO I ,^ta\\\W I I CHINA This festive season, celebrate in style with us at Millennium Copthorne International I Indonesia and stand a chance to win in our lucky draws! I MALAYSIA WORTH USD 10,000!* I Philippines
      126 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Property slump in China threatens global growth
      695 16 Bloomberg Building sector, the biggest driver of China's growth, employs 77m people [SHANGHAI] House prices in Shanghai, Shenzhen and Guangzhou are plunging, and the global economy may grind almost to a halt next year because of it. Construction of homes, offices and factories
      Bloomberg  -  695 words
    • Article, Illustration
      Lock icon Hand over fugitives, India tells Pakistan
      436 16 Reuters [NEW DELHI] India demanded Pakistan hand over 20 of its most wanted men in a sign of good faith yesterday as diplomatic efforts to head off a confrontation between the nucleararmed rivals over the Mumbai attacks intensified. The demand was contained in a
      Reuters  -  436 words
    • Article
      Lock icon Yuan's decline signals policy shift
      178 16 ■AFP [SHANGHAI] The yuan's sudden fall may signal a policy shift to prop up exports during the financial crisis, an economist said yesterday after the biggest one-day drop since the currency stopped being pegged to the US dollar. The fall in the yuan's value on
      ■AFP  -  178 words
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      902 16 Advertisement OFFICIAL OPENING OF OUR NEW PREMISES IN KRANJI I Adding value on the roads *§Sc>^**^-] Moving 'Strains of theworld. Certainty (hat everything is running smoothly. The future is propulsion This moves us. yjjPylyv^S?^ MM This moves us. This moves us. This moves us Voith Turbo Pte Ltd was established
      902 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Volatility returns as US stocks plunge 7.7%
      928 17  -  ANDREW MARKS Investors in selling mood after market's biggest five-day advance since 1932 By in New York EVEN in a year of historic highs and lows that would make even die-hard fans of roller coaster rides sick, Wall Street traders suffered through the
      928 words
    • Article
      Lock icon Sharp fall in eurozone producer prices signals rate cut
      327 17 -Reuters [BRUSSELS] Eurozone producer prices fell more than expected month-on-month in October, data showed yesterday, underlining disinflationary trends in the re-cession-hit economy and the scope for a deep ECB interest rate cut. A drop in the cost of energy and intermediate
      -Reuters  -  327 words
    • Article
      Lock icon Oil price slides to US$48
      138 17 Reuters [LONDON] Oil pared losses yesterday after an earlier fall to a new 3 V2-year low below US$4B a barrel, weighed down by heavy losses in global stock markets after confirmation that the United States was in recession. But a rally in European shares and
      Reuters  -  138 words
    • Article, Illustration
      Lock icon US House Democrats seek to pass US$500b bill
      708 17 NYT Governors press Congress for money for infrastructure [WASHINGTON] House Democrats said on Monday that they would try to pass an economic recovery bill costing US$4OO billion to US$5OO billion next month as governors pressed Congress for money to build roads and
      NYT; J AFP  -  708 words
    • Article
      Lock icon Recession may lead to deflation: MM Lee
      192 17 Bloomberg [HONG KONG] Minister Mentor Lee Kuan Yew said that a global recession may continue for some time and that consumers' reluctance to spend may lead to deflation. "I don't believe it will be short. It's impossible," Mr Lee said yesterday when asked
      ■ Bloomberg  -  192 words
    • Article, Illustration
      Lock icon S'pore among top 5 Stanchart markets
      488 19  -  NEIL BEHRMANN With HK, the two accounted for 59% of bank's consumer banking profit By in London STANDARD Charterers £1.8 billion (554.16 billion) rights issue prospectus says that Singapore is one of the bank's top five markets and a fast-growing area. In the six
      FILE PHOTO  -  488 words
    • Article
      Lock icon 200 HK jobs eliminated
      352 19 Bloomberg [HONG KONG] Standard Chartered pic, the UK bank that makes more than three-quarters of its profit in Asia, will trim 200 jobs in Hong Kong as it adapts to "difficult" market conditions, the lender said. "We hope that this is a one-off cut," Gabriel Kwan,
      ■ Bloomberg  -  352 words
    • Article
      Lock icon JPMorgan cuts 9,200 at Washington Mutual
      354 19 Reuters, Bloomberg [NEW YORK] JPMorgan Chase Co said on Monday that it will eliminate about 9,200 jobs at the former Washington Mutual Inc, which on Sept 25 became the largest US bank to fail. The cuts amount to more than 21 per cent of
      Reuters, Bloomberg  -  354 words
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  • FOCUS: SHOPPING
    • Article, Illustration
      Lock icon Black Friday data sheds little light
      1050 18 REUTERS Reuters, Bloomberg Reports released in the days after Thanksgiving paint a conflicting picture of the big shopping weekend in the US [NEW YORK] THE US Thanksgiving weekend was a chaotic one not only for shoppers braving the crowds in search of discounts, but
      REUTERS; Reuters, Bloomberg; Bloomberg Graphics  -  1,050 words
    • Article
      Lock icon 50% off? A dilemma for retailers and policymakers
      685 18 Reuters [LONDON] The "50 per cent off signs plastered over the windows of London's plush new Westfield shopping centre don't hold much sway over Helen Marlow. "I'm going to spend less this Christmas. More for the children, less for the adults," said
      ■ Reuters  -  685 words
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      293 18 LUXURY fcliiy^m^^^^^^^ Hot chicks in 12 tailored dressings! f£stiV£ f)ining pricing I, This Yuletide, we've tailored our popular flavoured turkeys to I Parkroyai on I Parkroyai on U=_ -.ill 4ill /XM^32d*****1C\ tantalize every taste bud with 12 unique dressings ranging from Beach Road Kitchener Road 1 1 ifffilWmfnffffWfl I traditional
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      93 19 Personalized vision has never looked so good. The Digitally Customized Progressive Lens The Digitally Customized Progressive lens from Polycore allows you to regain your natural vision of near, far and anywhere in between. You are in complete visual comfort because our lenses are customized specially for you. Talk to your
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  • TransportHUB
    • Article, Illustration
      Lock icon Boom time for project logistics
      1147 20 Industry players say the segment is set to grow further with rapid industrialisation across Asia. VINCENT WEE reports COMPARED with the more highprofile and con-sumer-driven express freight business, the project logistics segment is a part of the logistics industry that is not often seen or
      1,147 words
    • Article
      Lock icon Will the cost of hull insurance increase as freight rates fall?
      1125 20  -  NICK SANSOM Signs in November point to a hardening in the hull market globally By FOR some time, the marine hull market has been displaying mixed signals. Overall, underwriters claim that the class is losing money, but this average
      1,125 words
    • Article
      Lock icon PSA seeking US$lb refinancing for stake in Hutchison
      269 20 Bloomberg [HONG KONG] PSA International Pte Ltd, the second-largest container port operator, plans to borrow US$l billion to help refinance debt it raised for a stake in Hutchison Port Holdings, said three people involved in lender negotiations. PSA asked banks to bid
      Bloomberg  -  269 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        101 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship ....unch 0.19 0.76 0.36 0.56 0.46 ....unch ....unch 0.27
        101 words
      • Article
        Lock icon KLSE
        35 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.53 8.45 8.50 2.15 2.32 0.05 unch -0.01 unch 0.10 -0.01 -0.06 -0.01 unch 231 51 67: 17' 1) 5:
        35 words
      • Article
        Lock icon BANGKOK
        12 20 ■oo 'recious Ship Regional Cont .9.65 .5.75 0.35 0.25 301 175!
        12 words
      • Article
        Lock icon HONGKONG
        12 20 '000 >ec Doil iingamas Cont 11.66 0.60 -0.48 0.02 1633 501
        12 words
      • Article
        Lock icon PHILIPPINES
        16 20 '000 Aboitiz Equity Intl Container Keppel Marine 5.40 15.75 unch -0.10 0.25 unch 1501 32]
        16 words
      • Article
        Lock icon TAIPEI
        23 20 lee Evergreen Marine ...16.75 :irst Steamship 29.85 /Van Hai Lines 15.50 t'ang Ming Marine...11.35 -0.10 -2.20 -0.45 -0.75 1! I i 3)
        23 words
      • Article
        Lock icon TOKYO
        42 20 '000 lee 'en (awasaki Hvy Ind ..189.00 -11.00 1409! (awasaki Kisen 353.00 -36.00 713! Mitsubishi Hvy 359.00 -18.00 ***** Mitsui Eng&Sbldg...122.00 -9.00 697! Mitsui Osk Lines 466.00 -40.00 ***** Mippon Express 400.00 -16.00 318( MipponYusen 464.00 -44.00 998! iource: Thomson Reuters
        42 words
    • TRANSPORT HUB: SHIPPING
      • Article
        Lock icon Carry rubbish at your own peril
        823 21  -  DAVID HUGHES STRAIT TALK As an awful lot of containers are filled with rubbish, a report details how much trouble recyclable waste can cause By The Clan Shaw was big and powerful for her day so the fair comparison would be with an 8,000-TEU
        823 words
      • Article
        Lock icon Golden Ocean says 20% of world capesize fleet idle
        310 21 Bloomberg [LONDON] Golden Ocean Group Ltd, the shipper chaired by Norwegian billionaire John Fredriksen, said more than a fifth of the global capesize vessel fleet is idle after fees collapsed. The shares fell the most since 2004. Shipping rates slumped after
        Bloomberg  -  310 words
      • Article
        Lock icon Baltic Dry Index sees ninth straight retreat
        331 21 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, fell for a ninth consecutive session as weaker economic growth cut demand for steel and raw materials used to make it. Steelmakers account for almost 50 per cent of dry-bulk
        – Bloomberg  -  331 words
    • TRANSPORT HUB: AVIATION
      • Article
        Lock icon Foreign ownership capon Qantas to stay
        273 22 ■AFP Australia's transport minister to look at lifting the additional restrictions [SYDNEY] The Australian government yesterday said it wanted to put Qantas on a "level playing field" with its rival airlines but ruled out lifting a cap on foreign ownership. Transport Minister Anthony Albanese
        ■AFP  -  273 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2635 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
        2,635 words
      • Article, Illustration
        Lock icon Ryanair makes new offer for Aer Lingus
        666 22 IHT It expects better EU regulator response in current turmoil [PARIS] Ryanair, the biggest budget airline in Europe, renewed its bid for Aer Lingus on Monday with an all-cash offer valuing the Irish flag carrier at 748 million euros (551.44 billion) just two
        IHT; BLOOMBERG  -  666 words
      • Article
        Lock icon Global traveller numbers fall as crisis bites
        792 22 ■AP [NEW YORK] The tourists chatting in multiple languages in the piazzas, bars and shops of Rome belie a more somber mood at the ancient city's hotels. Luigi Rinaldi, concierge of the Hotel de la Minerve next to the Pantheon, said that American
        ■AP  -  792 words
      • Article
        Lock icon Boeing engineers approve labour contract
        330 22 Bloomberg [SEATTLE] Boeing Co engineers accepted a fouryear contract offer, averting a possible second strike this year at the world's No 2 commercialaircraft maker. The contract was approved by 79 per cent of the engineers and 69 per cent of technical workers in mail-in ballots,
        Bloomberg  -  330 words
    • TRANSPORT HUB: LAND
      • Article, Illustration
        Lock icon Lexus hybrid sales still strong
        569 23  -  SAMUEL EE Demand buoyed by buyers' shift from conventional cars despite global dip By GLOBAL sales of new cars may be falling but with some buyers shifting from conventional cars to hybrid cars, demand for Lexus luxury hybrid models is still relatively strong, according to
        569 words
      • Article, Illustration
        Lock icon Hong Seh celebrates with Ferrari show
        548 23  -  SAMUEL EE Collection of classic models will mark its 40th anniversary Reports by THE company behind Ferrari and Maserati is celebrating its 40th anniversary by showcasing a collection of rare Ferrari models at the Formula One Pit Building this weekend. Hong Seh Company will
        548 words
      • Article
        Lock icon US carmakers, union try one last rev of the engine
        1082 23 Bloomberg [SOUTHFIELD, Michigan] General Motors Corp, Ford Motor Co and Chrysler LLC running out of money to operate must convince a divided Congress that their plans to shrink are severe enough to ensure repayment of US$25 billion in proposed US
        ■ Bloomberg  -  1,082 words
      • Article, Illustration
        Lock icon Another million $ beauty to join the stable: Spyker
        435 23 Another million beauty to join the stable: Spyker FERRARI distributor Hong Sell Company is now representing another million-dol-lar marque: Spyker. The Dutch supercar, whose C 8 Laviolette is listed at $1.05 million, is making its official debut here under Auto Palace Pte Ltd. This Hong Seh-owned company is said to
        435 words
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      2397 21 .^4 WATS X^l M. I V^, 1' Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg t? 11l SNF Corporation LTD M A MWA H (Company Registration No: *****1072R) IVl>\rM VV>\n (Incorporated in the Republic of Singapore) MAN WAH HOLDINGS LIMITED NOTICE OF EXTRAORDINARY GENERAL MEETING (Incorporated in Bermuda on 4 November 2004)
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      325 22 CRYPTIC CROSSWORD ACROSS used when names are not BJ mentioned either (4-5) __MH_HH_HH_^H_^M_^M_^H_ 6 Twist knotty protuberance 9 j j I 9 Lady is able to return calen- BB BJJ BJ 10 Excellent muscular fish (5-4) 11 Said, said it quietly starting 111 II late (7) 13 |14 I 15
      325 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Damage-control after the Mumbai atrocity
      472 24 THE sheer audacity of the terrorist attacks in Mumbai last week which were beamed into peoples' living rooms on live TV have shaken India's commercial capital more profoundly than probably any single event in living memory. The immediate damage has been immense: some 190 people
      472 words
    • Article, Illustration
      Lock icon Team Obama – can rivals play and win?
      1323 24  - Team Obama can rivals play and win? Conflicts between his foreign policy stars could delay the changes he has promised SCIENTISTS who study the way our brain processes images describe a condition known as visual agnosia, or the lack of visual knowledge, when one can observe an object through normal
      AP  -  1,323 words
    • Article, Illustration
      Lock icon Europe, China should strike compromise on Dalai Lama
      777 24  -  FRANK CHING THE BOTTOM LINE THE decision by China to cancel or at least postpone a summit meeting with the European Union scheduled for this week in Lyon, France, is unprecedented and shows the extent of its unhappiness with the Europeans in
      777 words
    • Article, Illustration
      Lock icon Asia will be first to resume growth
      996 25 As long as the banking systems of the major economies don't freeze up, China will resume growth, writes Minister Mentor Lee Kuan Yew AFTER the dramatic drops in the New York Stock Exchange following the collapse of Lehman Brothers, stock markets and property
      AFP  -  996 words
    • Article, Illustration
      Lock icon Japan's new graduates scramble to find jobs
      862 25  -  CHISA FUJIOKA Reuters By UNIVERSITY students in the world's secondlargest economy could face a rude awakening as the global financial crisis hits Japan, prompting firms to cut graduate recruitment. "Students last year didn't have any trouble finding jobs, but the situation seems to
      Reuters; REUTERS  -  862 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8610 26 Transaction date: Dec 2 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E j3 12 3 3148 8Telecom 17 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 19.5 6 1938 AEI Corp 14.5 1 1100 AEM 31 7 2101
      8,610 words
    • Article
      Lock icon SGX CATALIST
      1852 27 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
      1,852 words
    • Article
      Lock icon SGX XTRANET
      61 27 _Hm Low Code Conn Sale COOO) _Hm Bw Seller C'vr P/E Smil ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 385 158 6009 STI ETF 3698.8 3386.7 6010 STI ETF IOPV US***** US6200cd US1 OOOcd
      61 words
    • Article
      Lock icon CLOB INTERNATIONAL
      71 27 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 112 39 6000 AVJennings 20.5 4 6134 Over&Gen 34 6 6017 StarCruises 283 104 6019 TanChonglnt A39 A8 USS HK116 -4 unch 4 635
      71 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8916 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.357/ AIGIF Spore Bond Fund/A 1.204/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.57/ APS Alpha Fund (USD)!** 0.37/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6143/ APS Komaba Global
      8,916 words
  • Page 26 Advertisements
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      31 26 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. JB& ||g< 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. l^^^^^H ';V;JI Internet: Http://www.audemarspiguet.com i^^** II fl^K'^O
      31 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      355 28 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Dcd World Index Preliminary 640.0 -4.8 -43.5 -3.6 -43.2 -5.1 -46.1 EAFE Preliminai 617.2 -3.8 -44.9 -3.1 -47.3 -4.5 -50.! Euro[ Prelim inan 858.1 -5.3 -44.4 -5.3 -51.1 -6.7 -54.1 Pacific 521.4
      355 words
    • Article
      Lock icon SICOM FUTURES
      181 28 Dec 2 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) 0/1 lots) Ian 09 =eb 09 VlarO9 <\prO9 128.5 VlayO9 128.5 lunO9 128.5 125.0 125.3 125.5 122.5 124.5 125.0 126.2 126.2 126.2 40 40 108 100 104 668 700 652 745
      181 words
    • Article
      Lock icon INTERBANK CROSS RATES
      441 28 Dec 2 lustralia 0.795 4.398 0.506 4.950 32.255 78.554 0.596 9.353 2.324 1.210 50.262 31.610 0.978 6.639 0.770 21.385 22.777 0.429 0.639 :anada 1.258 5.534 0.637 6.228 40.579 98.827 0.750 11.767 2.924 1.522 63.233 39.768 1.231 8.352 0.968 26.904 28.656 0.540 0.803 Ihina 0.227 0.181 0.115 1.125
      441 words
    • Article
      Lock icon PALM OIL
      60 28 Dec lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low 3ec 08 1590 Ian 09 1575 :eb09 1593 Vlar 09 1595 FotaI o/p: ***** contracts 1591 1595 1566 1603 1609 1559 1603 1614 1560 1606 1616 1565 Turnover: 9022 lots Market tone: Lower
      60 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 28 De c 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****F 05.03.09 -Year BY*****V 02.11.09 0.59 0.74 3OVERNMENT BONDS 'eriod Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low !-Year NXOO1OOT 4.625 i-Year NXO31OOZ 2.250 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year NY*****X
      88 words
    • Article
      Lock icon PRECIOUS METALS
      141 28 Dec 2 long Kong 764.10 805.30 GOLD BULLION COINS 6$) Sellini Bu' .ondon Dec 01 Nov28 772.40 811.40 774.90 813.90 1 oz 1325.73 1191 UBS GOLD LUNAR KINEBAR (SS) Selling Buying Source: Thomson Reuters I Dec 02 Selling Buying 10gm SILVER Passboc $464.38 Selling 381 Buying CAST BAR
      141 words
    • Article
      Lock icon LONDON METALS
      62 28 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1688.00 months 1735.00 1726.01 1772.01 Copper, Grade A (US$/tonne) ;ash months 3571.00 3590.00 3595.0I 3620.0I .ead (US$/tonne) :ash 1095.00 months 1100.00 1094.51 1103.01 lickel (US$/tonne) ]ash months 9692.00 *****.01 9800.00 *****.01 'in (US$/tonne) iash months *****.00 *****.01 *****.00 *****.01 inc, Sped
      62 words
    • Article
      Lock icon LIFFE
      67 28 Dec 7 (£/tonne) Close Prev Hii ih/Low Dec 08 1584 1612 1596/1545 War 09 1479 1519 1517/1437 Way 09 1477 1513 1514/1435 ul 09 1483 1516 1518/1453 IOFFEE (US$/tonne) Close Pev High/Low Ian 09 1965 1969 2020/1960 SUGAR (US tonne) White Close Prev High/Low lar 09 322.0 327.9 331.9/320.2
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    • Article
      Lock icon STOCK INDEX FUTURES
      21 28 Dec STI IIMSCI Dec 196.7 201.1 198.8 "aiwan Dec 161.0 163.5 159.6 Source: MF Global (S) Pte. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 Dec 2 Bid Offer -month 1.5304 1.5310 months 1.5283 1.5292 months 1.5263 1.5272 >-months 1.5200 1.5214 Source: OCBC
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    • Article
      Lock icon SIBOR
      68 28 Dec! mth 1.***** 0.***** mths 2.***** 0.***** mths 2.***** 0.***** mths 2.***** 0.***** mths 2.***** 1.***** 2 mths 2.***** 1.***** iWAP Offer rates (S$) mth 1.***** mths 1.***** mths 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 28 A= 9am Dec 2 )f foreign currency: lurrencies Bid Offer ujst dollar 0.9620 1.0040 .an dollar 1.2200 1.2350 luro 1.9170 1.9380 IZ dollar 0.8020 0.8210 iterlini 2.2630 2.2890 IS dollar 1.5210 1.5380 .ocal dollars to 100 units >f foreign currency: Currencies Bid Offer .hi renminbi 22.10
      122 words
    • Article
      Lock icon INTERBANK RATES
      154 28 Dec 2 fer Iverniqht -month -months l-months Overnight mode: 5/8 JS$ 1/4 11/16 3/4 13/16 Offer 1/i 7/1 1/; 9/1 Bk days month months months j months months >— I. (All 1.50 2.60 2.70 2.80 3.10 3.20 3.35 Offer 1.0C 2.1C 2.2t 2.3( 2.6( 2.7( 2.8! Bi< month
      154 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 28 Dec 2 Against SS lurrencies Bid Offer Against USS Bid Offei >$/US$ to one unit of foreign currency: Australian dollar 0.9777 0.9787 0.6384 0.638; 'anadian dollar 1.2304 1.2309 0.8034 0.803! iuro 1.9323 1.9333 1.2617 1.2621 IZ dollar 0.8076 0.8093 0.5273 0.528: jterlini ind 2.2792 2.2804 1.4882 1.4881
      156 words
    • Article
      Lock icon CHICAGO BOT
      103 28 Dec 1 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 09 846.00 883.00 859.00 841.00 Mar 09 854.25 891.00 867.00 850.00 May 09 863.75 900.00 877.00 865.00 Jul 09 872.50 908.00 885.00 868.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 31.11 32.58 31.65 30.85
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      74 28 CRUDE OIL PRODUCTS Dec origin] (/barrel Close Cham Srent blend (1-Mth F) 48.30 -2.40 VTI (Near Mth) 49.22 -5.21 iubai (1-Mth F) 48.82 0.02 "apis blend 53.90 -1.50 i/linas 50.50 -1.50 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha let Kerosene 34.00 S5.40 unch -3.80 JS$/barrel )pec Oil Basket Price 47.29
      74 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      307 28 Dec 2 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES DecO8 VlarO9 unO9 iepO9 97.9100 98.1800 98.2000 98.1700 6658 ***** 4967 3987 EUROYEN TIBOR FUTURES DecO8 99.145 99.145 VlarO9 99.225 99.295 unO9 99.335 99.335 >epO9 99.390 99.390 DecO9 VlariO un10 >ep10 99.140 99.225 99.335 99.390 99.140 99.275
      307 words
    • Article
      Lock icon BONDS & WARRANTS
      2796 28 BONDS WARRANTS Tel Code Com| Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths Code Company Sale +or- ('OOP) Ratio Price ing Left 2058 Advance Modules GrpW*****3 6 susp 1 17 156 1.50 44 2036 Advance SCT Ltd W*****9 0.5 1 87 1650 10.00 20 9092 Asia Environment W*****4
      2,796 words
  • Page 28 Advertisements
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      190 28 f f^ AFI% a4'a AI Awf Market Movers for Stock Index Futures: »V W I Id I I I Policy outlook and interest rate hikes by Central Banks. f I|m^ *4 A-ft.**.*. 4-L*.**. D^^.^^m'^*, O-I-.^^w^v^^.^J^.O Key economic indicators such as unemployment rates, GDP, CPI, PPI, home sales, business ATtGr tllG
      190 words
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      2550 29 The Business Times Shipping Times KPI B-fjffffJJfflTßWtfffffjrfWtfßlffiß WAN HAI INTERNATIONAL PTE LTD CRN0M**********/R V__ S^i I ■■iMiffil^^^Bk^jljtMWJlgam IVTTTV llfftll 11*1 hupa T1L*****588 (I4LINIS) FAX:*****163 V V^^^TirT^^^S EhH EMBaMsE IVXNNWAN HAI INrN C«l»inerSmi<e/Bookings Direct Une-(1800) 6mi200 A A l"!^*!* I I fffiBBIM HBBBI8! I\\ I Itllll I 1 1^ I LIIILJ
      2,550 words
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  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      3275 30 RICKMERS-LINIE 1 \Wjr\ EASTERN CAR LINER, LTD IFS I uSe!" 0"'6'""7"16" 7506 COnVen"Ong' WebS"e: ~Htkmer^- jf-""-J spec.al.ze in RORO heavy uft UPTO 450 T SFJTI WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN
      3,275 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      6433 31 X£9 El 19 El R H lIE ANDERSEN I [n^ glory NAVIGATION GROUpI ■sfMAfS ISM BM /AsHippiNn company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 IUWIUHI lUM UnUUr I te^IBBIPKEIIIIIHM llBPi Ml I north west express line »#,«.it«t^ls r*s**i MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL
      6,433 words
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  • executive Money
    • Article
      Lock icon Great Link Choice funds take a hit
      1149 32 Policyholders will continue to receive their annual payments and maturity benefits subject to some conditions, reports GENEVIEVE CUA A SERIES of structured investment-linked funds by Great Eastern Life have been hit with steep marked-to-market losses, alongside other structured products in the market. The
      1,149 words
    • Article
      Lock icon Stock swings expected to last 7 more months
      586 32 Bloomberg [NEW YORK] US stock swings will be more than triple the average in seven months as investors contend with a global recession and the worst returns since the *****, volatility futures show. May contracts on the Chicago Board Options Exchange Volatility
      Bloomberg  -  586 words
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      Lock icon Survey: Institutional investors holding on to hedge funds
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