The Business Times, 25 December 2008

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Microfilm: NL29606
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg mm* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Thursday, December 25,2008
    20 words
  • Article
    Lock icon Aso tries to rocket-propel the economy
    674 1  -  ANTHONY ROWLEY Japan approves record-spending budget in bid to ward off downturn but fiscal problems loom By in Tokyo JAPANESE Prime Minister Taro Aso's Cabinet yesterday approved a record 88.55 trillion yen (Ssl.4 trillion) budget for fiscal 2009 to deal with what finance ministry
    674 words
  • Article, Illustration
    Lock icon SNOWING THE S'PORE WAY
    79 1  -  Yen Meng Jim CHILDREN and adults alike gathered outside Tanglin Mall to enjoy man-made "snow" as part of Tanglin Mall's annual tradition. The "snow" is made of foam and water. Visitors also get to see unwanted materials being made into interesting Christmas decorations, as can be
    YEN MENG JIIN  -  79 words
  • Article
    Lock icon A Christmas tree, for that reassuring feeling
    496 1  -  TEH SHI NING Trees snapped up despite higher prices and economic storm By [SINGAPORE] Live Christmas trees are weathering the economic storm; sales have stayed evergreen despite greatly reduced retail spending this holiday season. Within three weeks, IKEA Singapore sold out all 2,000
    496 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      52 1 MADOFF BizlT jJS^HI^^L^ OCEAN RACING ART OF WAR I —n SCAM All I want for V|jl |gjj lW^ Cash-strapped Zap for Sun Tzu's strategies! jpson Fund manager Christmas is... 1^ Team Russia pulls out Win an Epson wireless found dead page 4 page 24 f^V page 3 projector! pages I
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  • TOP STORIES
    • Article
      Lock icon Big – and getting bigger and bigger
      871 2  - Big and getting bigger and bigger LEON HADAR OBAMA'S STIMULUS PACKAGE Consensus seems to be that long-term consequences can wait; things need fixing now By in Washington BARACK OBAMA will be inaugurated as the next US President on Jan 20. Yet, if you happen to read the headlines in the
      871 words
    • Article, Illustration
      Lock icon Grandson may slide into Toyota driving seat
      728 2 Bloomberg [LOS ANGELES] Toyota Motor Corp president Katsuaki Watanabe may be replaced next year by Akio Toyoda, grandson of the company's founder, after forecasting the first loss in 71 years, people familiar with the matter said. Mr Watanabe's exit is intended to take
      – Bloomberg; PHOTOS: AFP  -  728 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon A Christmas tree, for that reassuring feeling
        72 2 LIVE Christmas trees are weathering the economic storm; sales have stayed evergreen despite greatly reduced retail spending this holiday season. Within three weeks, Ikea Singapore sold out all 2,000 real Christmas trees it brought in this year in contrast to last year, when
        72 words
      • Article
        Lock icon Obama's stimulus package getting bigger and bigger
        107 2 US PRESIDENT-ELECT Barack Obama seemed to have more than tripled the size of the economic stimulus package that he had embraced during the presidential campaign. Top aides to Mr Obama said over the weekend that the Obama administration was preparing the biggest economic
        107 words
      • Article
        Lock icon Toyota – grandson may slide into driving seat
        74 2 Toyota grandson may slide into driving seat TOYOTA Motor Corp president Katsuaki Watanabe may be replaced next year by Akio Toyoda, grandson of the company's founder, after forecasting the first loss in 71 years, people familiar with the matter said. Mr Watanabe's exit is intended to take responsibility for Toyota's
        74 words
      • Article
        Lock icon Cash-strapped Team Russia pulls out of ocean race
        61 2 THE financial crisis has claimed its first casualty in the big-budget world of professional ocean racing, with Team Russia announcing yesterday that it had been forced to drop out of the Volvo Ocean Race 2008-09 and would not go beyond Singapore due
        61 words
      • Article
        Lock icon That sinking feeling gets worse for global investors
        67 2 GLOBAL investor confidence fell to record lows for the third month in December, according to State Street, a US financial services firm. Yesterday, it said that its widely watched index fell 6.5 points to 48 from November's revised reading of 54.5 substantially
        67 words
      • Article
        Lock icon Haw Par stock deeply undervalued: Kim Eng
        83 2 HAW Par Corporation's investment portfolio is worth an estimated $1.1 billion or about $5.36 per share making it "deeply undervalued", said Kirn Eng Research analyst Gregory Yap in a report this week. The portfolio which is Haw Par's main assets comprises shares in
        83 words
      • Article
        Lock icon Concerns rise over job security, savings
        69 2 SINGAPORE residents are increasingly concerned about their job security and their ability to save, a recent survey by Citibank Singapore found. Results of the Citi Fin-Q Survey 2008, which polled 400 respondents online in mid-October, also indicated that Singapore's residents, whose average Fin-Q score
        69 words
      • Article
        Lock icon US holiday shopping season to be the worst in 40 years
        95 2 THE US holiday shopping season is shaping up to be the worst in up to 40 years as steep discounts failed to rouse consumers even in the final weekend before Christmas, new data showed on Tuesday. Several retail groups
        95 words
    • Article
      Lock icon SEC moves towards centralised CDS clearinghouses
      556 2 AP It gives LCH.Clearnet temporary clearance for such operations [WASHINGTON] The Securities and Exchange Commission took a step on Tuesday towards a new system of central clearinghouses for credit default swaps, complex investments traded globally that have been partly blamed for the financial crisis.
      AP  -  556 words
    • Article, Illustration
      Lock icon GENEROSITY GROWS ON THIS TREE
      129 3  -  Arthur Lee THIS Christmas tree in the lobby of the Pan Pacific Singapore Hotel has been an annual beacon of hope for hundreds of terminally ill patients at the Assisi Hospice. It has shrunk somewhat this year to a height of 27 feet, probably due
      ARTHUR LEE  -  129 words
    • Article
      Lock icon Cash-strapped Team Russia pulls out of ocean race
      580 3  -  VINCENT WEE The Volvo Ocean Race contestant won't continue to race beyond Spore By [SINGAPORE] The financial crisis has claimed its first casualty in the big-budget world of professional ocean racing, with Team Russia announcing yesterday that it had been forced to
      580 words
    • Article
      Lock icon Best X'mas gift for Aussie bankers is their job
      710 3 Reuters Straw poll finds they see 88% chance of keeping current job [SYDNEY] All I want for Christmas is my job! That's a refrain heard around the world as the financial crisis puts hundreds of thousands out of work. But for
      ■ Reuters  -  710 words
    • Article, Illustration
      Lock icon An enduring story that outlasts its characters
      908 3 -NYT [NEW YORK] A card was slipped last Friday under the front door of the Studio School on the Upper West Side. "Dear Virginia", it said in purple ink. "Merry Christmas and thank you". This was intriguing. There is no Virginia at the
      -NYT  -  908 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      162 2 JEWELLERY] AUCTION Over 5 Million Dollar Jewellery Inventory MUST BE LIQUIDATED! This property shall be offered at this one day auction. Items obtained from govt. auctions plus the addition of goods which constitute the majority. OVER 500 LOTS J@&\^ Centre Tanzanite r t T\ 68.59ct. Necklace-Dia. 74.07ct. Centre Dia. 2.06ct.
      162 words
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  • MADOFF SCAM
    • Article, Illustration
      Lock icon Fund manager found dead in office
      680 4 NYT A native of France, De la Villehuchet had apparently lost USsl.4b with Madoff [NEW YORK] At around 4am on Monday, a prominent hedge fund manager who apparently had lost US$l.4 billion with Bernard L. Madoff telephoned a longtime client in Paris, sounding upset.
      NYT; AP  -  680 words
    • Article, Illustration
      Lock icon L'Oreal heiress a client of dead fund manager
      646 4 Bloomberg [NEW YORK] Liliane Bettencourt, the world's wealthiest woman, entrusted part of her U5522.9 billion fortune with Bernard Madoff through the fund manager found dead in New York on Tuesday, two people familiar with the matter said. The 86-year-old daughter of L'Oreal
      – Bloomberg; AP  -  646 words
    • Article
      Lock icon Swiss private bank's reputation takes big hit
      860 4 ■NYT ÜBP has USs7oom of clients' money with Madoff [PARIS] For generations, the calling card of Swiss private bankers has been the promise of prudence and discretion. Now, as the links between Bernard Madoff and elite private banks such as Geneva-based Union Bancaire
      ■NYT  -  860 words
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  • COMPANY NEWS
    • Article
      Lock icon That sinking feeling gets worse for global investors
      353 5  -  CHEW XIANG State Street global investor confidence index hits new low third month in a row By GLOBAL investor confidence fell to record lows for the third month in December, according to State Street, a US financial services firm. Yesterday, it said
      353 words
    • Article
      Lock icon Sembcorp, BNPP settle forex claim
      226 5  -  JAMIE LEE By SEMBCORP Marine has agreed to settle a US$5O.7 million claim with BNP Paribas over a forex trading case involving Sembcorp's subsidiary Jurong Shipyard Pte Ltd (JSPL). The world's second-larg-est builder of oil rigs said yesterday that it would book a US$3O million
      226 words
    • Article, Illustration
      Lock icon M&As seen for tech, oil and S-chip sectors
      538 5  -  JAMIE LEE Distressed valuation levels provide such opportunities: DBSV ByJ GIVEN the current 'distressed valuation levels', the new year could see some mergers and acquisitions (M&As) in the technology, oil-and-gas and S-chip sectors, said a DBS Vickers (DBSV) report. Titled Fire Sale,
      BLOOMBERG  -  538 words
    • Article, Illustration
      Lock icon SGX should set governance benchmark
      867 5  -  OH BOON PING THE unfolding economic crisis has already thrown up some lapses in corporate governance at several listed companies. However, one silver lining is that independent directors seem more prepared and willing to take action to help put things right and address the issues
      BLOOMBERG  -  867 words
    • Article
      Lock icon Haw Par stock deeply undervalued: Kim Eng Research
      376 7  -  > JAMIE LEE Research analyst believes a general offer for the firm by UOB chairman is not forthcoming By HAW Par Corporation's investment portfolio is worth an estimated $1.1 billion or about $5.36 per share making it "deeply undervalued", said Kirn Eng
      376 words
    • Article, Illustration
      Lock icon Quantitative analysts' reputation in tatters
      1435 7 Reuters They're blamed for compounding risk, exacerbating crash [NEW YORK] Last week, New York University and Carnegie Mellon sent a new class of math whizzes out into a profession that is both blamed for the financial collapse and charged with preventing it from happening again.
      ■ Reuters; PHOTOS: REUTERS  -  1,435 words
    • Article
      Lock icon Private equity deals sink 72% to hit 5-yr low
      707 7 Reuters [NEW YORK] Private equity deal volume sank to a fiveyear low in 2008, one of the industry's roughest years ever, and 2009 is unlikely to get any easier as firms struggle to find deals, keep portfolio companies above water and
      – Reuters  -  707 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
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      150 words
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      Lock icon Page 5 Advertisements Column 2
      43 5 oP FIND THE ONES b«A~ Py THAT FIT! dor Recruit the right people through CATS Recruit. 13 —r~ Call 1800 289 8822 or email P I recruit@sph.com.sg to advertise. C^^ Q_T Jin 1 RECRUIT r^ > 1 _J 1 \s^ rJ I fN^ M
      43 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 3
      290 5 Symantec Asia Pacific Blast Off with Norton Hardware Zone Partner Promotion Lucky Draw Notification Competition Name: Blast off with Norton Lucky Draw Details: Lucky Draw- one winnerto be selected by random drawing on 1 lth January 2009 at 11:00 a.m (Singapore Time) at a designated public place. Lucky Draw begins
      290 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI up, aided by CapitaLand, DBS
      611 6  -  Ft SIVANITHY STOCKS Quiet half-day trading saw index recover 12.45 points, helped by short-covering and possibly window-dressing SHORT-COVERING and possible window-dress-ing in Hong Kong and of blue chips here yesterday helped push the Straits Times Index up 12.45 points to 1,736.99 in quiet half-day
      Bloomberg  -  611 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 3 4 6 0 0 0 3 4 6 Manufacturing 44 30 34 47 33 43 Commerce 13 12 16 13 12 19 Tpt/Stor/Comms 11 11 11 12 Finance 11 10 11 10
      94 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      112 6 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 5.406 5.406 11.562 11.562 Manufacturing 81.221 2.800 84.021 43.321 245 43.566 Commerce 38.099 3.181 41.280 22.734 516 23.251 Tpt/Stor/Comms 25.571 14 25.585 36.074 36.077 Finance 14.007 14.007 84.510 84.510 Construction 4.928 10 4.938 497 497
      112 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 6 Stocl name lose lam Capita Land 3.070 +0.170 CapitaMall 1.590 -0.010 CityDev 6.280 -0.050 Cosco Corp 0.955 +0.020 DBS Grp 9.250 +0.210 F&N 2.920 +0.050 Gent Intl 0.435 +0.015 Golden Agri 0.230 +0.005 HK Land 2.530 -0.060 JMH 18.020 -0.480 JSH 9.620 -0.260 JardineC&C 9.800 -0.100
      112 words
    • Article
      Lock icon BROKERS' TAKE
      965 6  -  CONRAD TAN Technology sector CIMB-GK SECURITIES, Dec 24 NO Christmas cheer: Our channel checks suggest that unit shipments by the three major hard-disk drive (HDD) original-equipment manufacturers (OEMs) are likely to disappoint in Q4 2008, falling q-o-q in the busiest quarter for the first time. The last time
      965 words
    • Article, Illustration
      Lock icon Softer S$ stance unlikely before April 2009
      477 6  -  LARRY WEE CURRENCIES CURRENCY trading slowed to a visible halt for the holiday season yesterday, leaving the US dollar to tread water around key round-number markers such as 90 Japanese yen, 551.45 and US$l.4O per euro yesterday. Indeed, financial markets appeared all but
      Reuters  -  477 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Dec 24 VALUE CLOSE BT OB/OS -88.00-153.00 BT CADI -*****.00 +32.00 BT 10-day MA -*****.00 -9.00 FTSE ST Mid Cap 352.45 +0.58 FTSE ST Small Cap 291.98 +1.63 FTSE ST All Share 416.63 +2.57 FTSE ST China Top 184.20 +1.52 FTSE ST China 185.12 +1.30 UOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME BanJoo 16,245,000 Straits Asia 13,942,000 Noble Grp 12,452,000 Golden Agri 11,098,000 China Honqxinq 9,610,000 Ezion 9,525,000 Midas 8,451,000 Yanlord 7,729,000 Synear 7,128,000 Capita Land 6,961,000 VALUE(S) DBS Grp 35,209,190 Capita Land 20,954,670 OCBC Bk 17,539,310 UOB 16,486,080 Sing Tel 14,135,770 SGX 13,935,650 Noble Grp 12,184,195 Straits
      58 words
    • Article
      Lock icon RISES
      106 6 CLOSE UP OCBCCai 5.1%NCPS 100 8600 36.0 0.4 DBS Gr| 925 21.0 2.3 Cat i Land 307 17.0 5.9 QUE 1186 16.0 1.4 OCBC Bk 505 15.0 3.1 Pair irm 438 11.6 1.9 DBS Bk6% NCPS 10 9510 10.0 0.1 OCBC Bk5.1%NCPS 100 9000 10.0 0.1 Wilmar 272 10.0
      106 words
    • Article
      Lock icon FALLS
      103 6 CLOSE DOWN 8256-115.7 -1.0 GLD 10US$ JMH 1802 -69.4 -2.6 JSH 962 -37.6 -2.6 Jardine C&C 980 -10.0 -1.0 Venture Co 426 -10.0 -2.3 Total Access 75.5 -9.4 -7.9 EDMI 12 -9.0 -42.9 HKLand 253 -8.7 -2.3 CerebosPac 294 -6.0 -2.0 STXPO 100 1000 -6.0 -0.6 BY PERCENTAGE CLOSE
      103 words
    • Article
      Lock icon CURRENCIES
      86 6 iere! S$ stands Dec 24 %CHNG CLOSE FR Dec 23 YR2008 S$ LOW S$ HIGH USS 1.4480 0.14 1.5346 1.3457 Euro 2.0226 0.13 2.2064 1.8640 Pounds 2.1394 0.58 2.8431 2.1348 AS 0.9832 0.66 1.3251 0.9068 Yen* 1.6030 0.34 1.6899 1.2619 Rupiah* 0.***** 1.97 0.***** 0.***** Baht* 4.1777 0.17 4.4299
      86 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Concerns rise over job security, savings
      421 8  -  TEH SHI NING Citibank survey finds S'poreans can do more to improve their financial health By SINGAPORE residents are increasingly concerned about their job security and their ability to save, a recent survey by Citibank Singapore found. Results of the Citi Fin-Q (Financial IQ)
      421 words
    • Wishlist for Budget 2009
      • Article, Illustration
        Lock icon ADDRESSING BUSINESS CONCERNS
        121 8 Reduce the headline corporate tax rate from 18 per cent to 17 per cent and provide a one-off corporate tax rebate of 10 per cent to help businesses cope with the downturn. Extend the carry back of tax losses and capital allowances beyond one year and remove
        121 words
      • Article, Illustration
        Lock icon ADDRESSING INDIVIDUALS IN NEED
        105 8 Provide a 10 per cent (uncapped) tax rebate to individual tax payers. Reduce the top marginal personal tax rate, bringing it in line with the corporate tax rate. Increase the Earned Income Relief (EIR) and Handicapped EIR by $1,000 for all age groups. Allow mortgage interest
        105 words
      • Article, Illustration
        Lock icon REAL ESTATE INDUSTRY
        47 8 Provide a one-off property tax rebate of at least 30 per cent in 2009 for industrial and commercial properties. Reinstate stamp duty deferral for properties under development. Exempt developers from paying property tax on vacant land slated for development until the development is complete.
        47 words
      • Article, Illustration
        Lock icon FINANCIAL SERVICES INDUSTRY
        167 8 Source: KPMG Provide Singapore-based funds using a Singapore-based fund manager with (i) a particular fixed input tax recovery rate or (ii) allow full recovery of all GST incurred. Alter the basis of recognition for tax residency status of business trusts. Exempt interest payments from withholding tax for
        Source: KPMG  -  167 words
    • Article
      Lock icon KPMG calls for cut in corporate tax rate
      453 8  -  VICTOR KATHEYAS By IF KPMG's Christmas wishes for Singapore's 2009/10 Budget were granted, businesses will enjoy a reduction in the corporate tax rate, individuals will receive a 10 per cent tax rebate and property developers will be exempted from paying property tax
      453 words
    • Article, Illustration
      Lock icon Singapore probes fire at world's biggest Ferris wheel
      401 8 -AFP SINGAPORE officials were investigating yesterday a fire at the world's biggest observation wheel that left almost 175 passengers trapped for hours, some of them dangling in their capsules high in the sky. Tuesday night's fire in the control room of the
      -AFP; YEN MENG JIIN  -  401 words
    • Article, Illustration
      Lock icon Opening doors, and hearts
      297 8  -  ARTHUR LEE By CHRISTMAS arrived early at Toa Payoh on Monday evening in the form of seven brightly decorated floats and a huge party. HSR property group sent invitations to some 30,000 residents living in the area to join the company in an evening of food,
      ARTHUR LEE  -  297 words
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  • ECONOMY WATCH
    • Article
      Lock icon US holiday shopping season to be the worst in 40 years
      723 9 Reuters Weak sales, slow traffic show last-ditch deals fail to excite shoppers [CHICAGO] The US holiday shopping season is shaping up to be the worst in up to 40 years as steep discounts failed to rouse consumers even in
      ■ Reuters  -  723 words
    • Article, Illustration
      Lock icon Obama team refines economic stimulus plan
      700 9 LAT-WP Biden tells taxpayers money won't be wasted on dubious pork-barrel projects, [WASHINGTON] Amid a drumbeat of grim economic reports, President-elect Barack Obama's top economic advisers met on Tuesday to refine plans for a massive stimulus proposal, promising the money would not go toward
      LAT-WP; REUTERS  -  700 words
    • Article, Illustration
      Lock icon Congress turns up the heat on bailout recipients
      484 9 AP Plan to force banks to report how they spend aid money [WASHINGTON] Lawmakers are turning up the heat on banks that have received money from the Treasury Department's US$7OO billion rescue fund after the Associated Press reported that they wouldn't say
      AP; BLOOMBERG  -  484 words
    • Article
      Lock icon Fannie, Freddie to adopt new code of conduct
      342 9 Reuters [NEW YORK] Fannie Mac and Freddie Mac have agreed on a revised code of conduct that aims to improve the reliability of appraisals on mortgage loans purchased by the two home funding companies, their regulator said on Tuesday. Among the main
      ■ Reuters  -  342 words
    • Article
      Lock icon No respite seen in USNov economic figures
      437 9 Bloomberg [NEW YORK] Consumer spending, the biggest part of the US economy, fell in November for a record fifth consecutive month as unemployment climbed, economists said before government reports yesterday. Purchases fell 0.7 per cent after a one per cent drop in October
      Bloomberg  -  437 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon A tumultuous year for Malaysia
      940 10  -  PAULINE NG YEAR-END FOCUS Political turmoil and commodities slump took their toll on country's economy By in Kuala Lumpur A DOUBLE whammy of domestic political uncertainty coupled with the US-engi-neered global financial meltdown characterised the tumultuous year that was 2008 for Malaysia. If investors were
      REUTERS  -  940 words
    • Article
      Lock icon Tourist spending may drop in '09: Jakarta
      411 10 Reuters [JAKARTA] Indonesia's tourism ministry said on Tuesday it expects a decline in tourist spending next year because of the global economic crisis, but sees visitor arrivals in a similar range to 2008. Tourism accounts for about 3 per cent of gross domestic
      – Reuters  -  411 words
    • Article
      Lock icon Indonesia's new rules for financial products
      243 10 Reuters [JAKARTA] Indonesia's central bank plans to introduce new rules covering the sale of financial products to the public following big losses by some individual investors, in a move welcomed by some financial industry participants. Bank Indonesia said earlier this week that it plans
      – Reuters  -  243 words
    • Article
      Lock icon TNB seeks to buy back Kapar stake: sources
      463 10 [KUALA LUMPUR] Tenaga Nasional Bhd is in talks to buy back 40 per cent of the country's biggest coal plant in Kapar, Selangor, from independent power producer (IPP) Malakoff Bhd, says a report in Malaysia's Business Times, citing sources. The plant has
      463 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Stimulus plans draw funds to China stocks
      715 11 Bloomberg Templeton, Blackßock adding to holdings in China, forecasting stockmarket recovery [BEIJING] The biggest investors in emerging markets say China is the best choice for 2009, betting that plans to stimulate growth will lead a stockmarket recovery in the fastest growing major economy.
      – Bloomberg; AP  -  715 words
    • Article
      Lock icon Satyam barred from World Bank business
      449 11 -Reuters [MUMBAI] India's Satyam Computer Services Ltd has been barred from business with the World Bank, a spokesman for the bank said on Tuesday, in a setback for the firm just a week after it canned a deal that had upset investors. Satyam's shares
      -Reuters  -  449 words
    • Article, Illustration
      Lock icon Scandal-hit Chinese dairy firm declared bankrupt
      405 11 -AP [WELLINGTON] A Chinese court has declared bankrupt the company at the centre of a scandal over tainted milk blamed for killing six children and sickening almost 300,000 more, one of the company's owners said yesterday. New Zealand's Fonterra Group said that a court
      -AP; AP  -  405 words
    • Article
      Lock icon India upbeat on 3G mobile service auction
      366 11 Reuters Govt hopes to raise USsB.2b from sale, eyes foreign players [NEW DELHI] India is confident the global financial crisis will not derail its auction of 3G mobile services spectrum due in mid-Janu-ary, hanging out the prize of a larger foothold in the
      Reuters  -  366 words
    • Article
      Lock icon Giving each other a run for their money
      362 11  -  NEETA LAL BY in New Delhi THE battle between India's super-rich and most powerful siblings Anil and Mukesh Ambani who also rank among the world's wealthiest people, has now spilled over into another domain. The warring duo are now trying to outclass
      362 words
    • Article
      Lock icon Beijing won't devalue yuan to boost exports
      241 11 Reuters [BEIJING] China will not devalue its currency to boost exports, Minister of Commerce Chen Deming said in an interview published in the official People's Daily yesterday. Mr Chen made similar comments during the China-US Strategic Economic Dialogue earlier this month. "With shrinking
      Reuters  -  241 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Inventor of money-market mutual fund may face rap
      603 12 Bloomberg SEC scrutiny to date likely been on Lehman paper valuation, info given to shareholders [NEWYORK] Bruce Bent, inventor of the money-mar-ket mutual fund, and his New York-based company may be charged by federal regulators with violating securities laws in the collapse
      Bloomberg  -  603 words
    • Article
      Lock icon Crucial vote deadline looms for GMAC bondholders
      568 12 nyt' [DETROIT] General Motors may have its lifeline from the federal government, but another crucial vote is looming that will affect its ability to provide car loans to customers. The vote is over the future of GMAC, its financial arm that is now
      ■ nyt'  -  568 words
    • Article
      Lock icon Wal-Mart settles 63 lawsuits over wages
      357 12 Bloomberg [NEW YORK] Wal-Mart Stores, the world's largest retailer, will pay as much as US$64O million to settle 63 federal and state class actions claiming the company cheated hourly workers and forced them to work through breaks. The settlement ends actions pending in most
      – Bloomberg  -  357 words
    • Article, Illustration
      Lock icon Chip makers take steps to survive downturn
      474 12 Reuters [SEOUL] South Korea's Hynix Semiconductor secured US$6OO million in much needed funding, while Taiwan's Powerchip cut output further and applied for state aid in a deepening memory chip downturn. Memory chip makers are struggling to raise cash and reduce production to survive
      Reuters; REUTERS  -  474 words
    • Article
      Lock icon Wine lovers uncork cellar stock, drain sales
      600 13 Bloomberg California winemakers feel the pinch as consumers switch to cheaper wines, cut down binges [SAN FRANCISCO] Producing vintages that delight the palate and impress the nose won't be enough to make this a good year for California winemakers. "People have money but
      ■ Bloomberg  -  600 words
    • Article
      Lock icon Britain sees sharp jump in profit warnings
      555 13  -  JANE MOIR By in London PROFIT warnings among British companies are rising sharply, as firms come under pressure to admit their vulnerability amid tight credit conditions. Hundreds of companies are hoisting a red flag in their accounts as the global financial volatility continues
      555 words
    • Article, Illustration
      Lock icon I'M DREAMING OF A GREEN CHRISTMAS ...
      60 13 I'M DREAMING OF A GREEN CHRISTMAS AFP [TOKYO] The ecology-friendly Green Santa Claus from Denmark dancing with his Little Santa Claus trainees during a visit to the Kidzania career theme park here earlier this month. The Green Santa is in Japan during the Christmas season as an ecology goodwill ambassador
      AFP  -  60 words
    • Article
      Lock icon Cerberus caps withdrawals from hedge funds
      540 13 Bloomberg 16% loss this year forces firm to put restrictions in place [NEW YORK] Cerberus Capital Management LLC, the US$27 billion investment firm founded by billionaire Stephen Feinberg, limited investor withdrawals from one of its hedge funds after it lost 16 per cent this
      Bloomberg  -  540 words
    • Article
      Lock icon BlackRock loan fund likely to default as prices dive
      261 13 Bloomberg [NEW YORK] A Blackßock fund that invests in high-yield, high-risk loans may be headed for an event of default after debt prices tumbled, according to Moody's Investors Service. Moody's cut ratings on portions of Blackßock Senior Income Series 111 collateralised
      ■ Bloomberg  -  261 words
    • Article
      Lock icon Tea merchant Whittard sold to private equity group
      255 13 -AP [LONDON] Whittard, a venerable British tea and coffee merchant, was sold to a private equity company on Tuesday by administrators appointed under bankruptcy laws. The administrators, from accountancy firm Ernst Young, said Whittard was sold to private equity firm EPIC, which
      -AP  -  255 words
    • Article
      Lock icon Gifts for a true love only costing slightly more
      506 13 AP [NEW YORK] Deep-pocket-ed romantics who want to give a partridge in a pear tree and the other whimsical gifts from The 12 Days of Christmas may be in luck this year. The topsy-turvy economy means that it will cost only
      AP  -  506 words
  • Page 12 Advertisements
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      31 12 Insiders' trades. Brokers' recommendations. I Tiir Dl ICIMCCC TIMCC Dividend table. The pages also cover transactions DUjllMtjJ I llvltj by directors and substantial shareholders. In other words, news you can use.
      31 words
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  • AVIATION
    • Article, Illustration
      Lock icon Heavy snow in US snarls holiday travel
      570 14 AFP [WASHINGTON] Mother nature vented her wintry fury on much of the United States and Canada on Tuesday as arctic blasts and blizzards sparked deadly crashes, snarled air traffic and closed highways in one of the busiest travel weeks of the year. The
      AFP; AP  -  570 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2523 14 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,523 words
    • Article
      Lock icon Tripoli cans Swiss flights
      99 14 -AFP [GENEVA] Libya has cancelled flights to Tripoli by the airline Swiss for "technical reasons", a company spokesman said on Tuesday, amid tensions between the two countries over the arrest of Muammar Gaddafi's son. "We received a letter at the beginning of last week from the
      -AFP  -  99 words
    • Article
      Lock icon Oil price slide erodes airlines' fuel hedge
      735 14 Reuters NEWS ANALYSIS Accounting losses mount for major US carriers in Q3 and may spill into 2009 [CHICAGO] Major US airlines are cheering the jawdropping decline in fuel prices, but at the same time are wincing that some of the insurance they bought
      ■ Reuters  -  735 words
    • Article
      Lock icon India spat hits festive travellers
      403 14  -  NEETA LAL By in New Delhi HOLIDAY-MAKERS in India risked being entangled in an ugly spat between the country's travel agents and airline companies. Since December 1, airlines including Jet Airways, Kingfisher and Air India have not been paying ticket commission to travel agents. According
      403 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      314 14 CRYPTIC CROSSWORD ACROSS I One who calls cheerfully for 9 Bird killed when in song (4,5) 10 Outstanding feature about H"fo~~^| the king of Norway? (5) II Pound is good in France and I capital elsewhere (6) TT~^l 12 Academic has rooms outside the university (8) 13 Payment received by
      314 words
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  • SHIPPING
    • Article
      Lock icon FedEx opts out of Super Bowl advertising
      721 15 LAT-WP [LOS ANGELES] At first blush, Fed Ex's decision to skip the Feb 1 Super Bowl XLIII broadcast on NBC seems to make as much sense as one of the Super Bowl teams volunteering to abandon the forward pass. FedEx, after all, has
      LAT-WP  -  721 words
    • Article, Illustration
      Lock icon Slow port traffic sign of bleak economy
      631 15 Bloomberg [LOS ANGELES/ WASHINGTON] Chris Lytle, chief operating officer of the port of Long Beach, California, took in a panorama of the slumping world economy from his rooftop observation deck one day this month. Shipping cranes stood still, truck traffic trickled and a
      Bloomberg; AFP  -  631 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 15 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.25 0.19 0.96 0.31 0.66 0.45 ....unch ....unch
        102 words
      • Article
        Lock icon KLSE
        37 15 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brief PDZ Holdings 0.57 8.70 8.40 2.35 2.34 unch 0.09 unch 0.30 -0.05 0.01 -0.04 unch 0.01 15 14 58 64 41 0 50
        37 words
      • Article
        Lock icon BANGKOK
        7 15 ■oo ■recious Ship .11.00 -0.10 221
        7 words
      • Article
        Lock icon HONGKONG
        14 15 '000 )ec24 HK$ Vol Doil lingamas Cont 16.82 0.51 0.22 -0.02 34! 254:
        14 words
      • Article
        Lock icon PHILIPPINES
        22 15 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop unch 12.75 2.12 0.90 unch -0.25 -0.28 unch 0 38 1 240
        22 words
      • Article
        Lock icon TAIPEI
        18 15 Evergreen Marine ....14.75 :irststeamship 30.00 ManHai Lines 14.20 r"ang Ming Marine ..10.30 0.10 0.50 0.10 0.25 1
        18 words
      • Article
        Lock icon TOKYO
        37 15 '000 :awasaki Hvylnd ..179.00 -5.00 9763 :awasaki Kisen 385.00 -6.00 2233 /litsubishi Hvy 385.00 -4.00 ***** /litsui Eng&Sbldg ..140.00 -4.00 2473 /litsui Osk Lines 519.00 -29.00 ***** Jippon Express 363.00 -10.00 2997 lipponYusen 510.00 -19.00 5184
        37 words
    • Article, Illustration
      Lock icon Hanwha seeks payment delay for Daewoo buy
      323 15 Reuters [SEOUL] South Korea's Hanwha Group, the preferred buyer for a controlling stake in Daewoo Shipbuilding, is seeking to delay payment for the acquisition due to funding constraints, raising concerns that the deal could collapse. Hanwha and Daewoo's top shareholder, Korea Development Bank
      – Reuters; BLOOMBERG FILE PHOTO  -  323 words
    • Article
      Lock icon Kuwaiti firm's plan to buy out ATS hits snag
      531 15  -  ALEC ALMAZAN Instead, it will acquire 49% of ATS, leaving the Aboitiz family in control By in Manila A DEAL to buy out the owners of the Philippines largest and oldest shipping company, Aboitiz Transport System (ATS), has hit a snag
      531 words
    • Article
      Lock icon Indonesia to speed up imports, cut costs
      383 15 Reuters Measures come into immediate effect at two key ports [JAKARTA] Indonesia's finance minister on Tuesday announced measures to speed up and reduce costs for imports at two of the country's key ports, using a centralised electronic system to obtain government approvals. The
      Reuters  -  383 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Abdullah's farewell gesture
      472 16 BY the mid-*****, it was apparent that Malaysia had two problems that concerned investors. One was official corruption and the other, a judiciary whose integrity was suspect. Both problems were well known although the issue of judicial integrity, or its lack thereof, was always ignored or denied
      472 words
    • Article, Illustration
      Lock icon Delhi, Islamabad must play anti- terror cards right
      1054 16  -  C RAJA MOHAN Stage set for promised cooperation to yield tangible results. But can they deliver? By AFTER the terror attacks on Mumbai, the conventional wisdom in the sub-continent and beyond is that the weak governments in New Delhi and Islamabad may
      REUTERS  -  1,054 words
    • Article, Illustration
      Lock icon Beijing should not rebuff moderating Taipei stance
      773 16  -  FRANK CHING THE BOTTOM LINE LAST week, for the first time since the Chinese civil war was fought almost six decades ago, passenger jets and freighters set off from Taiwan for mainland China while planes and ships departed the mainland bound for Taiwan,
      773 words
    • Article
      Lock icon Unpaid vacations, the new leisure
      1067 17  -  > DOUG YOUNG Reuters Shorter working weeks and short-term shutdowns allow firms to retain valuable workforce for when business picks up By HEN the global recession began to take a toll on high-tech manufacturers in Taiwan, the factories gave their workers a vacation that many
      Reuters  -  1,067 words
    • Article
      Lock icon Bent on destroying capitalism – in order to save it?
      939 17  - Bent on destroying capitalism in order to save it? MATTHEW BENJAMIN SIMON KENNEDY, RICH MILLER Bloomberg By and F WHAT'S good for General Motors may not ultimately be best for the global economy. The Bush administration's US$l3.4 billion rescue of GM and Chrysler is a fitting finish to a year
      Bloomberg  -  939 words
    • Article, Illustration
      Lock icon The new 12 days of Christmas
      640 17  -  HUGO DIXON By ™HE 12 days of Christmas: The deepening economic gloom will undoubtedly lead to much misery. But the crisis also has silver linings. Here's one cheery thought for each of the 12 days of Christmas. On the first day of Christmas, my
      AP  -  640 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8176 18 Transaction date: Dec 24 !-wks Tel Low Code Com| Sale COOP) Hii Low Buj fer Seller C'vr P/E $mil >anj 12 3 3148 STelecom 17 3 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30.5 12 5000 ABR Hldgs 19 6 1938 AEI Corp 14 1 1100
      8,176 words
    • Article
      Lock icon SGX CATALIST
      1771 19 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
      1,771 words
    • Article
      Lock icon SGX XTRANET
      72 19 52-Wk Tel High Low Code Last Sale Vol COOP) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P5OO ***** ***** 6170 SPDRS 385 158
      72 words
    • Article
      Lock icon CLOB INTERNATIONAL
      67 19 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Sinil Comi >an' Hii 103.2 37 6000 AVJennings 13 4 6134 Over&Gen 31.5 6 6017 StarCruises 283 104 6019 TanChonglnt A47.5 A8 US8.5 HK110 unch 630
      67 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8341 19 UNIT TRUSTS FUNDS ■fTITVXTClfVT^I ■UUIMliUfiU^H AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.366/ AIGIF S pore Bond Fund/" 1.198/ APSAssetMgt Pte Ltd APS Alpha Fundi" 0 58/ APS Alpha Fund (USDJi" 0 4/ „„c„ APS Komaba Asset Mgt Pte Ltd APS Komaba Goba Bond SGD
      8,341 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      49 18 m 11 (if^'Zkmf^ IIU ™E EDWARD P|GUET WATCH Le maltre de I'horlogerie depuis 1875 'l/ICI P THE WATCH OF YOUR LIFE V^^B M Vil/// Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED Mfc? 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      49 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      381 20 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Dec 23 World Index Preliminary 656.1 -0.1 -42.0 -0.4 -43.7 -0.1 -43.1 t EAFE Prel liminai 632.8 -0.2 -43.5 -0.6 -46.2 -0.2 -46.3 Euroi Prelim
      381 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 20 As at 9am Dec 24 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9730 1.0060 .an dollar 1.1820 1.1980 Euro 2.0090 2.0350 NZ dollar 0.8160 0.8360 iterlini ind 2.1250 2.1531 US dollar 1.4410 1.4590 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      159 20 Dec 23 Bid Xternight 3/8 -monfli 13/16 -months 15/16 l-months 1 1/16 Overnight mode: 5/8 IS$ Offer 1/4 9/16 11/16 13/16 Bid 1 days I month > months months d months months 12 months tAu 1.00 0.80 1.50 1.70 2.20 2.40 2.50 Offer 0.50 0.30 1.00 1.20 1.70
      159 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 20 Dec 24 STI IIMSCI Dec 207.3 212.6 211.3 "aiwan Dec 165.0 167.1 166.8 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 20 Dec 24 S! Bid Offer 1-month 1.4464 1.4473 2 months 1.4457 1.4468 3 months 1.4456 1.4467 6-months 1.4446 1.4457 Source: OCBC
      24 words
    • Article
      Lock icon PALM OIL
      67 20 Dec 23 KLCE PALM FUTURES (RIV Delivery Opening Month Range M/MT) Sett Av Price Price Hi Low Vol Open Done Position Jan 09 1572 Feb 09 1570 Mar 09 1568 Apr 09 1569 Total o/p: ***** contracts 1540 1572 1541 1531 1570 1531 1530 1569 1530 1531 1570
      67 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      272 20 Dec 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 98.7850 98.8400 98.8100 98.6800 ***** 3761 3401 2345 EUROYEN TIBOR FUTURES MarO9 JunO9 SepO9 DecO9 Mar10 Jun10 Sep10 DedO 99.425 99.470 99.515 99.515 99.420 99.360 99.335 99.335 426 202 1 ***** 7226 3024
      272 words
    • Article
      Lock icon SICOM FUTURES
      180 20 Dec 23 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) Ian 09 138.0 =eb 09 138.0 VlarO9 <\prO9 VlayO9 lunO9 136.5 137.5 137.0 138.0 140.0 145.3 145.3 145.3 156 40 40 354 699 630 985 869 856 FSR 20
      180 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      83 20 Dec 24 IKbAbUKY BILLb Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****V 26.03.09 1-Year BY*****V 02.11.09 0.43 0.73 0.30 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NXOO1OOT 4.625 5-Year NXO31OOZ 2.250 7-Year N*****0S 2.875 10-Year NY*****A
      83 words
    • Article
      Lock icon CHICAGO BOT
      103 20 Dec 23 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 09 901.00 886.50 901.25 877.75 Mar 09 905.00 890.50 905.75 881.75 May 09 916.00 901.50 918.00 893.50 Jul 09 927.00 912.50 928.00 904.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Ian 09 31.21 30.94 31.30 30.55
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 20 CRUDE OIL PRODUCTS Dec 23 origin^ t/barrel Close Cham irent blend (1-Mth F) 39.16 -2.78 WTI (Near Mth) 39.10 8.01 iubai (1-Mth F) 39.12 -2.03 "apis blend 42.00 -2.65 i/linas 37.50 -2.65 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 30.55 57.60 -2.31 -3.61 US$/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 20 Dec 24 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.830 4.672 0.489 5.288 33.186 41.623 0.617 8.917 2.372 1.185 53.831 32.391 0.987 6.571 0.740 22.539 23.633 0.461 0.682 Canada 1.205 5.629 0.589 6.372
      468 words
    • Article
      Lock icon SIBOR
      65 20 Dec 24 mth 0.***** 0.***** mths 1.***** 0.***** 6mths 1.***** 9 mths 1.***** 12 mths 2.***** mths 1.***** 1.***** mths 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.***** 15 yrs 2.***** mths 1.*****
      65 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 20 Dec 24 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 0.9862 0.9873 0.6821 0.6826 Canadian dollar 1.1886 1.1893 0.8221 0.8222 Euro 2.0186 2.0196 1.3962 1.3963 NZ dollar 0.8318 0.8330 0.5753 0.5759 Sterlini md 2.1383 2.1398 1.4790 1.4794
      157 words
    • Article
      Lock icon PRECIOUS METALS
      149 20 Dec 24 /oz) tec tec Hong Kong .ondon 840.00 843.50 841.00 844.50 Dec 23 Dec 22 839.20 845.80 0/11 m qai on (SS) Selling Buying 1 oz 1363.18 1226 UBS GOLD LUNAR KINEBAR (SS) Selling Buying M Sellini Bui rim Source: Thomson Reuters 10gm SILVER $478.29 Selling Bui
      149 words
    • Article
      Lock icon LONDON METALS
      64 20 Dec 23 minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1526.50 months 1560.00 1521.50 1558.00 Copper, Grade A (US$/tonne) :ash months 2835.00 2870.00 2924.00 2960.00 .ead (US$/tonne) :ash months 876.00 866.00 904.01 908.01 lickel (US$/tonne) :ash months 9641.00 *****.01 9750.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months 9950.00
      64 words
    • Article
      Lock icon LIFFE
      65 20 Dec 23 :OCOA (Btonne) Close Prev Hii ih/Low Mar 09 1832 1765 1840/1764 May 09 1818 1752 1820/1749 JulO9 1823 1755 1824/1751 SepO9 1793 1739 1793/1755 COFFEE (US$/tonne) Close Pev High/Low Jan 09 1790 1795 1840/1770 SUGAR (US tonne) White Close Prev High/Low Mar 09 307.8 308.3 311.6/306.5 May
      65 words
    • Article
      Lock icon BONDS & WARRANTS
      2536 20 BONDS WARRANTS Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price 'rern Expiry Disc Gear- Mths ing Left >058 Advance Modules GrpW*****3 >036 Advance SCT Ltd W*****9 6 susp 0.5 1 1 17 87 156 1.50 1358 12.00 44 20 5092 Asia Environment W*****4 1481 Asia Water
      2,536 words
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      Lock icon Page 21 Advertisements Column 1
      3387 21 m The Business Times Shipping Times A W^k _flff_i ?TTT33 WHS IBHH 1 I WAN HAI INTERNATIONAL PTE LTD cr NO: N*****0000/R W A^V K.%..E il'Wiiffl'rPlfl'fwfliaTTig _9D -VTrrV ■■ail II a I hup* TEL *****588 (RUNES) FAX:*****163 HP ■Mi EIfSKUU VAN iWAN HAI INF\ Cusroiner Servi<e/B.okin g^ Dire.l Line (1800)
      3,387 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      2753 22 KmV In E EASTERN CAR LINER, LTD I BISSiE UL—-!_!_—-1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS IHI BjliiliyiiilliliM i_l______i_l_^_^l^ll_i___Elll___ll__l__E____ill__lll__^ll^___^__^________i__[______fl hlllllllil'llll llllll^^^^M I I inKKT) I Lillinq(KT) I MUA I MNL I SIN I PKL IKB I )KT I VOY ETA [ID DESTINATON PCL/PHL SERVICE AMX SERVICE Connecting
      2,753 words
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      Lock icon Page 23 Advertisements Column 1
      3060 23 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,060 words
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  • BizIT
    • Article, Illustration
      Lock icon Regional communications firms hopeful about '09
      746 25 They are looking at conferencing, virtualisation, managed services and other areas that could appeal because of their cost-savings potential, reports ONG BOON KIAT OPPORTUNITIES abound in 2009 for the communications sector in Asia despite the continuing downturn, according to regional players polled by BizlT.
      746 words
    • Article, Illustration
      Lock icon All I want for Christmas is a smartphone
      550 25  -  WINSTON CHAI By WHEN it comes to the items they want in their Christmas stockings, local technology professionals are clearly walking the talk by clamouring for gizmos that will allow them to stay constantly connected for both work and play. Smartphones have
      ILLUSTRATION: LUDWIG ILIO  -  550 words
    • Article
      Lock icon Global notebook shipments trump desktops for first time: iSuppli
      211 25 Reuters [SAN FRANCISCO] Worldwide notebook computer shipments topped those of desktops for the first time in the third quarter, research group iSuppli said on Tuesday, calling it a "watershed event" for the industry. Shipments of notebook PCs surged nearly 40 per
      ■ Reuters  -  211 words
    • Article
      Lock icon Google to replace cash gift with Android phone
      457 25 Bloomberg [SAN FRANCISCO] Google Inc, owner of the world's most-used search engine, is giving employees mobile phones instead of cash gifts this year as it reins in costs during the recession, according to a person familiar with the matter. About 85 per
      – Bloomberg  -  457 words
    • Article
      Lock icon Planned EU tax could kill mobile TV: chipmaker
      320 25 Reuters [HELSINKI] The European Commission's plan to introduce a 14 per cent tax on mobile phones with TV receivers would kill the potentially lucrative market before it ever takes off, a senior official at the world's top mobile TV chipmaker said. On
      – Reuters  -  320 words
  • Page 25 Miscellaneous
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  • PROPERTY
    • Article, Illustration
      Lock icon Spain escapes US sub-prime mess but faces its own crisis
      676 24 Reuters Defaults for real estate, construction firms make up half of corporate credit [MADRID] Spain escaped exposure to US sub-prime assets but risks its own property debt crisis in 2009 as defaults soar among real estate and construction firms that
      Reuters; REUTERS  -  676 words
    • Article
      Lock icon Aussie bank to buy As4b of home loans
      605 24 Bloomberg [SYDNEY] Commonwealth Bank of Australia, which last week scaled back a share sale after saying that bad debts were rising, will buy up to As 4 billion (553.93 billion) of loans from a General Electric Co unit to extend its lead
      Bloomberg  -  605 words
    • Article
      Lock icon Manhattan's Q4 vacancy rate highest in two years
      321 24 Reuters [NEW YORK] The Manhattan office vacancy rate hit a two-year high as financial services companies and law firms dumped space back onto the market, according to a report released on Tuesday by a real estate services firm. The overall vacancy rate
      Reuters  -  321 words
    • Article, Illustration
      Lock icon UK commercial property lending falls: study
      463 24 Reuters [LONDON] The total value of new loans secured by UK commercial property buyers shrunk to £24.6 billion (5552.68 billion) in the first half of 2008 less than one third of the total loans issued in 2007, research last Wednesday showed. De Montfort University's
      Reuters; BLOOMBERG  -  463 words
    • Article
      Lock icon It was fun till the money ran out
      696 26 ■NYT The abrupt end to what had promised to be an era of architectural renaissance may not be all bad, says NICOLAI OUROUSSOFF ■HO knew a year ago that we were nearing the end of one of the most delirious eras in
      ■NYT  -  696 words
    • Article, Illustration
      Lock icon Celebrated architect taps deep into ecology
      514 26 AFP [GENOA, Italy] Environmental protection, far from being a constraint, should be a source of inspiration, in the view of celebrated Italian architect Renzo Piano. "Ecology can be a lovely source of inspiration and an enormous opportunity," the 71-year-old architect said in an interview
      AFP; BLOOMBERG  -  514 words
    • Article
      Lock icon Architecture book spotlights 1,037 notable buildings
      514 26 AP [NEW YORK] The large-for-mat Phaidon Atlas of 21st Century World Architecture (Phaidon Press, 800 pages, US$l95) spotlights 1,037 notable buildings completed worldwide by superstar architects and regional talents since January 2000. Innovative projects in Asia, Africa, Europe, North America, South America and Oceania
      AP  -  514 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      237 24 [JTJTTT33 rPTTTIIJIIIM PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (S$'OOO) (Ss) STREET NAME TYPE DATE AREA*(SQ FT) (S$'OOO) (Ss) STREET NAME TYPE DATE AREA*(SQ FT) (S$'OOO) (Ss)
      237 words
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  • Page 26 Advertisements