The Business Times, 10 January 2009

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Microfilm: NL29639
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 weekend THE BUSINESS TIMES JAN 10-11, 2009 Ssl.oo «»*ANSPH PUBLICATION MICA(P) 198/08/2008 www.businesstimes.com.sg
    13 words
  • Article, Illustration
    Lock icon The burden of the Ox
    860 1  -  Nisha Ramchandani Teh Shi Ning Companies still spending on Chinese New Year goodies with eye on value for money By and nishar@sph.com.sg and tshining@sph.com.sg Singapore IN AN entirely different sea of red from recent months, sales of Chinese New Year hampers and traditional treats are
    ARTHUR LEE; YEN MENG JIIN  -  860 words
  • Article
    Lock icon Satyam ripe for takeover as rumours swirl
    763 1  -  Amit Roy Choudhury Talk of major job cuts and suicide bid; KPMG chief doubts Raju story By amit@sph.com.sg Singapore THE Satyam saga weighed on the Indian bourse and hit the rupee yesterday while the stock took another hammering on the Bombay Stock Exchange
    763 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      142 1 sdfsdafsfsdfasdfsdfsdfsdfsdf /T o\^M ■fe"*' 'f HEDGE FUNDSTAR Burnt by Madoff, besotted with Uma 6 CRISIS FALLOUT Dec US jobless hits 7.2% Nervous employers slash 524,000 jobs and labour market expected to remain weak as mass layoffs continue 2 COURT ACTION OCBC hits back in Jade Tech case It says allegations
      142 words
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      25 1 VOLVO OCEAN RACE the raffles conversation iP""*? WEALTH Thrills await fans POLICY WONK IN Selecting the in Singapore |17 OBAMALAND 8,9 |Al right funds 30,31
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  • TOP STORIES
    • MARKETS
      • Article
        Lock icon STOCKS
        45 2 KL COMP 919.07 +8.55 NIKKEI 225 8,836.80 -39.62 HANG SENG 14,377.44 -38.47 SET 459.06 -5.97 JAKARTA 1,416.67 +14.01 MANILA 1,984.88 +14.16 KOSPI 1,180.96 -24.74 SHENZHEN B 285.02 +4.06 MUMBAI IND 9,406.47 -180.41 11am EDT Chanpe 11am EDT Change DOW 8,642.98 -99.48 NASDAQ 1,582.67 -34.34
        45 words
      • Article
        Lock icon PRIME RATES
        29 2 Bloomberg SINGAPORE 5.38 MALAYSIA 6.63 HONG KONG 5.00 INDONESIA 16.783 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 1.50 US 3.25 CANADA 3.50 SWITZERLAND 0.52 INDIA 13.00 Source:
        ■: Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        45 2 US$ 2$ us$; 1.479 'US: 1.524 2.254 EURO ;us$, 1.386 2.022 Foreign currencies per US$, S$ YEN 91.20 61.70 RM 3.543 2.396 HK$ 7.758 5.247 BAHT 34.85 23.57 RUPIAH 10,975 7,423 RENMINBI 6.834 4.622 INDIAN RUPEE 48.69 32.93 A$ 1.412 0.955 NZ$ 1.686 1.141
        45 words
    • Article
      Lock icon Jobless rate rises to 16-year high
      528 2 AP, Reuters LATEST US DATA 524,000 jobs lost in December and 2.6 m in the whole of last year, the most since 1945 Washington THE US unemployment rate bolted to 7.2 per cent in December, the highest level in 16 years, as nervous employers
      AP, Reuters  -  528 words
    • Article
      Lock icon Taking the sizzle to lon
      152 2 BARBECUED meat vendor lim Chee Guan will be making its maiden foray into Orchard Road when it sets up shop in the new mall lon Orchard, at the end of the first half of this year. "We are confident that people will still buy our
      152 words
    • Article, Illustration
      Lock icon OCBC hits back at Soh's 'insider' charge
      649 4  -  Chew Xiang It says allegation just aims to scandalise and embarrass rather than to introduce any true or relevant pleading By xchew@sph.com.sg Singapore OCBC Securities, benefitting from inside knowledge, sold off 101 million Jade Technologies shares in early April just days before a
      649 words
    • Article, Illustration
      Lock icon Fire breaks routine at Six Battery Road
      439 4  -  Conrad Tan By conradt@sph.com.sg Singapore A SMALL fire broke out in the basement carpark of Six Battery Road at Raffles Place just before noon yesterday, forcing office workers to evacuate the building in the heart of the financial district. Firefighters quickly extinguished the
      YEN MENG JIIN  -  439 words
    • Article, Illustration
      Lock icon Singapore keeps Shanghai at bay in big port race
      574 5  -  Vincent Wee COMMENTARY vincewee.com.sg Correspondent WHILE Singapore managed to post a rise in container throughput for 2008 and retain its position as the world's busiest container port for another year, it may not be able to hold on to this prime
      574 words
    • Article, Illustration
      Lock icon Burnt by Madoff, besotted with Uma
      1238 6 Bloomberg French fiance of Uma Thurman reflects on the future of fund of funds London ARPAD Busson is angry. He's just looked at the latest returns of a hedge fund he used to invest in. It's down more than 60 per cent in the
      Bloomberg; PHOTOS: AFP  -  1,238 words
    • Article, Illustration
      Lock icon M'sian tycoon thinks big with Golf City
      671 7  -  Pauline Ng Lee Kirn Yew confident there's money to be made in golf By btworld@sph.com.sg Kuala Lumpur FOUL weather has never stopped the golf aficionado, and it's not about to halt Lee Kirn Yew in his tracks either. Regardless of the treacherous economic
      671 words
    • Article
      Lock icon UBS acts on US client accounts
      338 7 Reuters Zurich SWISS wealth manager ÜBS is closing all the offshore accounts of its US clients, the bank said yesterday, as it comes under pressure from US tax authorities. The Swiss bank decided in July last year to stop offering offshore accounts to US
      Reuters  -  338 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Lock icon Page 2 Miscellaneous Column 1
      79 2 NEWS LIVING Top stories 2-7 Shopping L 2,3 Raffles Conversation 8,9 Week In Review TO 4 VThe CEO Column 11 Companies 12-14 Jt*. s' r* J 1 JN Singapore T5-T7 Dining L 4-7 Letter From Abroad T8 Entertaining L 8 World T9-22 Home Garden 1.10,11 Perspective 28,29 Travel LI 2,13
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  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      198 3 www.htc.com/sea —r- i i/ i i i I M You Tube Broacl?%urself H *il^| "SO =v xk At U^h _^Htt^H .^^^l mmwr AwaWa*\> *^a\W \^^^^mWWwt W^r t --4Mb m t V* *1^ .a- .^a\W \w^m\\\\\\\ See More. Feel More. Experience More. Entertainment on the go, in your hand. Be inspired
      198 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      7 5 MERCEDES-BENZ MERCEDES-BENZ MERCEDES-BENZ E2OO SLK 200 5350
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    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      84 5 JJJ morel L^t- ~^j^ wvuw.morelhifi.com tt^Ml 9 VJXN X -4ifiti l#H M 11 JF- B^i^l^i^^Bßßßßß <^> #YAMAHA KF=T=Rt=p Optomq .^woHdsfi.tsnch JJJ HECO Panasonic g JJS J™22. 'Latest lOaOp Full HD Projectors/New arrival **KF Sound System Digital Home Theater AY Receivers at special price! Premium Home Theater Systems A wide range
      84 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      81 7 V African Golden Ttak £f) J African Teak Amazonian Birch WOOD DOCTOR American Walnut Baku Bamboo Beech Hlackmosia Brazilian Cherry Burmese Rosewood Burmese Teak Jk T T^ Canadian Cherry <J±\^\~UM-i Chengal Final Two Days ei™^ To get your Dream Floor European Birch 10 th l Ith1 th January 2009 F^cak
      81 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Obamaland's policy wonk
      2500 8  -  Leon Hadar Influential intellectual entrepreneur Steve demons hopes the new president will 'erase the last eight years' of the Bush administration. By SITTING in the office of Steven (Steve) demons at the New America Foundation, and waiting to interview one of the most hyperactive politicos in Washington,
      2,500 words
    • Article
      Lock icon Raffles Hotels & Resorts
      76 8 Raffles Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine, Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
      76 words
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  • WEEK IN REVIEW/WEEK AHEAD
    • Article, Illustration
      Lock icon THIS WEEK
      633 9 Jan 5-9, 2009 Pillar of strength in a wilting economy THE construction sector looks to be the only pillar of growth in the Singapore economy this year, especially if there are significant increases in public infrastructure spending. Latest official flash estimates reveal that the sector continued to grow
      AFP FILE PHOTO  -  633 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 1
      165 9 CRYPTIC CROSSWORD SOUth (8) I I YESTERDAY'S SOLUTION from nlant (ff\ Assignations, 23 Apex, 24 Cured, 25 22 Notice due (131 27 Sentimental story, ripper trophy (6,7) idea, 28 Thinking, 29 Gemini, 30Buii--24 One providing continuity about do Pc (4"6) 4 pig swallowing the whole of seye' 31 Bad egg'
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    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 2
      95 9 NEXT WEEK Jan 12-16,2009 US DATA Jan 13 Dec Treasury budget Jan 14 Dec export/import prices Dec retail sales Nov business inventories Crude inventories Jan 15 Dec PPI Initial jobs claims Jan 16 Dec CPI Dec capacity utilisation Dec industrial production Jan Michigan sentiment preliminary SINGAPORE DATA Jan 15 Nov
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Boomer Bonanza
      1084 10  -  Henry Quake There's a windfall in store for businesses, but only if they're ready for it FROM THE DESK OF CEO, Council for Third Age HE numbers speak volumes already, close to one million Singaporeans are over the age of 50. By 2030, that figure will be one
      1,084 words
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  • COMPANIES
    • Article, Illustration
      Lock icon Keppel loses 2 deals, revises terms for 1
      423 11  -  Vincent Wee DEALS IN JEOPARDY SembMarine unit PPL too revises milestone payment schedule for one jack-up, defers payment for another By vincewee@sph.com.sg Singapore OF the three contracts it said were under review in November, Keppel Corp announced yesterday that its marine units
      FILE PHOTO  -  423 words
    • Article
      Lock icon Cosco hit by loss of 2 ship orders
      441 11  -  Jamie Lee By leejamie@sph.com.sg Singapore CHINA-BASED shipbuilder Cosco Corporation (Singapore) said yesterday that an Asian shipowner has cancelled two orders, confirming speculation that dragged Cosco's shares down as much as 11 per cent in the day. Cosco did not name the customer,
      441 words
    • Business briefing
      • Article
        Lock icon Director's stake in Jurong Tech falls to 7.31%
        64 11 JURONG Technologies Industrial Corp said that its director I in Ii Fang sold some 28.2 million shares in the company or 4.64 per cent of its issued share capital on Jan 2. The sale was "initiated by financial institution to meet obligation",
        64 words
      • Article
        Lock icon China EnerSave appoints corporate advisers
        61 11 CHINA EnerSave has appointed Tay Swee Sze Advisors Pte Ltd as corporate advisers to help it restructure its financial obligations, review its business and formulate a restructuring plan and identify strategic investors. This comes after further pressure from certain banks on the group to cut
        61 words
      • Article
        Lock icon TTL issues profit warning for H1 results
        44 11 TTL Holdings has issued a profit warning for the first-half results of FY2009, saying it is likely to report net losses for the period. It attributed this to demand slowdown and cancellation of orders, particularly in Q2.
        44 words
      • Article
        Lock icon Sky China Petroleum warns of net loss for FY2008
        50 11 SKY China Petroleum Services warned that it may incur a net loss for the financial year ended Dec 31, 2008 because of a one-time impairment charge relating to its wholly owned subsidiary Song Yuan Tian Xi Harbor Oil Exploration Co Ltd.
        50 words
    • Article, Illustration
      Lock icon Vote for SATS' SFI takeover: advisers
      628 12  -  Yen Sreenivasan They cite favourable valuation, projected financial benefits, cost-saving synergies, diversification benefits By ven@sph.com.sg Singapore TWO proxy independent advisers to institutional shareholders of Singapore Airport Terminal Services (SATS) have recommended that shareholders vote in favour of its takeover of Singapore Food Industries (SFI).
      FILE PHOTO  -  628 words
    • Article, Illustration
      Lock icon Tech stocks rally on Chartered takeover play
      469 13  -  Jamie Lee Jurong Tech, Allied Tech and Global Testing Corp among most active By leejamie@sph.com.sg Singapore TECHNOLOGY stocks sprang to life yesterday, sparked by the market play on Chartered Semiconductor Manufacturing on takeover hopes. Chartered had surged as much as 43 per cent
      FILE PHOTO  -  469 words
    • Article, Illustration
      Lock icon Plenty of huff and puff but not much in the way of results
      579 13  -  R Sivanithy STOCKS sivan@sph.com.sg Senior correspondent a—| —*v LENTY of talk but little sub--1 J stance" is the phrase that best M summarises the stock market's performance this week. It's an appealing description for many reasons. For
      579 words
    • Article
      Lock icon TOP 20 ACTIVES
      115 13 VOL CLOSE 121,336 0.5 0.0 0.( luroni Tech 91,814 10 25 33.3 iolden 86,440 30 0.5 1.7 :hart SemiCond 81,609 31 1.0 3.3 biosensors 51,503 36.5 3.5 10.6 ~osco Cor 49,739 87.5 -7.5 -7.9 :hina Honi 40,236 21 0.0 0.( 34,834 291 -11.0 -3.( >BSR 32,864 294
      115 words
    • Article
      Lock icon TOP GAINERS
      59 13 CLOSE UP ;ld ious$ 8412 198.0 1.( IMH 2050 73.9 2.! >CBC Bk 4.5%NCPS 100 8350 50.0 0.( ICBCCar 5.1%NCPS 100 9050 50.0 0.( STXPO 100 1106 34.0 3.: IBS MBL ePW*****2 134 23.0 20.; 'BL Con 350 20.0 6.1 IBS RB ePW*****3 142 16.0 12.; *sia Pac
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    • Article
      Lock icon TOP LOSERS
      53 13 CLOSEDOWN iBS Gri 842 -57.0 -6.: iBSR 294 -53.0 -is.: iBS R500 295 -51.0 -14." iBS MBL iCW*****3 36.5 -48.5 -57.1 lardine C&C 1010 -24.0 -2.: ir China H 10US$ 996 -22.2 -1.! IOB 1280 -20.0 -1.! 620 -17.0 -2: iBS DB eCW*****9 31 -17.0 -35.. IK Land
      53 words
    • Article
      Lock icon STI STOCKS
      103 13 litaLand 2.910 -0.110 1.710 -0.030 :ityDev 6.200 -0.170 ]osco Corp 0.875 -0.075 IBS Gn 8.420 -0.570 :&N 3.150 +0.030 lent Intl 0.465 -0.005 iolden 0.300 +0.005 IK Land 2.170 -0.100 IMH 20.500 +0.500 ISH 10.980 -0.060 lardine C&C 10.100 -0.240 Corp 4.920 -0.080 lei Land 1.840 +0.030 IOL
      103 words
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  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      1429 12 NOTICES F7R A EZRA HOLDINGS LIMITED i^^^^^^X (Incorporated in the Republic of Singapore) (Company Registration Number *****1411N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the shareholders {"Shareholders"] of Ezra Holdings Limited (the "Company1') will be held on 28 January 2009
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  • SINGAPORE
    • Article, Illustration
      Lock icon Govt accepts some proposals for easing online curbs
      458 14  -  Chuang Peck Ming But political and religious content still subject to higher responsibility By peckming@sph.com.sg THE government has gone part of the way towards accepting a panel's suggestions that it step up engagement with Singaporeans online and allow more room for election
      458 words
    • Article
      Lock icon Strong recovery seen for Singapore
      345 14  -  Teh Shi Ning By tshining@sph.com.sg WITH the global economy facing substantial downside risks this year, there seems to be no escaping further pain in the short term. But in the medium to longer term, there are opportunities to be had and Singapore can look forward
      345 words
    • Article
      Lock icon MDA gets seven new board members
      124 14 THE Media Development Authority of Singapore (MDA) has appointed seven new board members, whose two-year terms started on Jan 1. Members from the media industry are Zaihirat Banu, chief executive officer of Oak 3 Films and Billy Koh, founder and managing director of Ocean
      124 words
    • Article
      Lock icon Baby boomers not ready to call it a day
      578 15  -  Lee U-Wen A third of those polled prefer to retire after 65, half of them hope to work as long as they are physically capable By leeuwen@sph.com.sg THREE in 10 baby boomers in Singapore do not plan to retire until after
      578 words
    • Article
      Lock icon Big mistake to axe older workers: minister
      433 15  -  Chuang Peck Ming By peckming@sph.com.sg IT is tempting for governments in this economic climate of massive job losses to push for early retirement to make the employment numbers look good. But that would be a big mistake, according to Urn Boon Heng, Minister
      433 words
    • Article, Illustration
      Lock icon Going grey? No need to sing the blues
      384 15  -  Arthur Lee By arthurl@sph.com.sg FROM creams and traditional herbs, such as tongkat ali that enhances virility, to a "will-writing service", over 100 companies will exhibit at 50+ Singapore Expo 2009, organised by the Council for Third Age and supported by the Ministry
      ARTHUR LEE  -  384 words
    • Article
      Lock icon Thrills await Volvo Ocean Race fans
      636 16  -  Vincent Wee The in-port race in Singapore is only the second time that it is run in the current edition of the Volvo race By vincewee@sph.com.sg THE full Volvo Ocean Race Singapore stopover entertainment programme kicks off in earnest today with the in-port race,
      636 words
    • Article
      Lock icon Flyer to have two new backup systems
      284 16 THE Singapore Flyer will sport two new independent backup systems when it reopens, the boss of the company that owns it said yesterday. At a news conference on the Dec 23 breakdown that left passengers stranded in mid-air for hours, Singapore Flyer chairman
      284 words
    • Article, Illustration
      Lock icon Big-time investor Jim Rogers not impressed
      300 16 JIM Rogers, one of the world's best known investors, has voiced scepticism of President-elect Obama's proposed fiscal stimulus, saying that the debt that would be incurred was too inimical to be ignored. Mr Rogers made these comments on the sidelines of the 2nd Global
      AFP  -  300 words
    • Article
      Lock icon S'pore to share food safety experience with Abu Dhabi
      154 16 SINGAPORE Cooperation Enterprise (SCE) has signed a memorandum of understanding (MOU) with the Abu Dhabi Food Control Authority (ADFCA) to share Singapore's experience in food safety and control. The SCE will work closely with the Agri-Food Veterinary Authority of Singapore to
      154 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      567 14 A MATS AURIC PACIFIC AURIC PACIFIC GROUP LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****2981 D NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Auric Pacific Group Limited (the "Company") will be held at Mandarin Ballroom 11, 6th Floor, Main
      567 words
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  • LETTER FROM ABROAD WITH ASCOTT
    • Article, Illustration
      Lock icon German lessons
      751 17 BY the time April comes around, I would have lived in Munich for 10 years. It was not my intention to live here. I came here in 1999 to help start up a business I invested in but ended up living here when I met and married my
      751 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      230 17 DEFINING VIBRANT LIVING I SPCSI to IN SUKHUMVIT, BANGKOK citadines vacation 2009 >//.^»' v RATES STARTING FROM ttJSfc'l'T'l""'f jT\ i Bangkok's prime Sukhumvit district now offers 4 Citadines Apart'hotels so you '..ij I' M can work, shop and party while staying in style. Enjoy the convenience of a -p. i
      230 words
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      Lock icon Page 17 Advertisements Column 2
      15 17 THE ASCOTT GROUP A Member of Capita Land Thisseriesisbrought to you by The Ascott Group
      15 words
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  • WORLD
    • Article, Illustration
      Lock icon Foreign investors unfazed by Satyam scandal
      454 18 Reuters Fund managers say such scandals are common and the long-term prospects of India are good Mumbai FOREIGN investors are unlikely to shun India in the wake of a fraud scandal at Satyam Computer Services, with fund managers saying that such events were not
      Reuters; AP  -  454 words
    • Article
      Lock icon M'sia industrial output plunges
      375 18 Bloomberg Kuala Lumpur MALAYSIA'S industrial production fell the most in four years in November as a global recession and weakening business confidence eroded demand for goods. Production at factories, utilities and mines dropped 7.7 per cent from a year earlier after a revised 2.9 per cent
      Bloomberg  -  375 words
    • Article
      Lock icon Chinese airlines get more govt help
      101 18 Reuters Shanghai CHINA has again sought to lift the country's aviation industry, hit hard by the global financial crisis, with the government offering tax exemptions and state banks providing US$26 billion in loans to the top planemaker. China's Ministry of Finance said that the
      Reuters  -  101 words
    • Article, Illustration
      Lock icon China business confidence hits the lows
      688 19 Reuters Hardest hit were manufacturers, hurt by shrivelling demand in US and Europe Beijing CHINESE business confidence plunged in the final three months of 2008 as the mounting effects of the financial crisis weighed on exports and industrial output, an official survey showed yesterday.
      Reuters; AP  -  688 words
    • Article
      Lock icon China firm keen on Rio Tinto units
      411 19 Reuters Hong Kong A CHINESE company and private equity firms are among the groups expected to submit final bids for Rio Tinto's borates and talc units, according to sources close to the matter, in a deal potentially worth over US$l billion. Final offers
      Reuters  -  411 words
    • Article
      Lock icon Indian oil workers' strike drags into third day
      257 19 Reuters New Delhi LONG queues at petrol pumps jammed rush-hour traffic in major Indian cities and taxis stopped running as a strike by state-run oil employees demanding higher pay began to bite yesterday. The shutdown entered its third day after talks failed
      Reuters  -  257 words
    • Article, Illustration
      Lock icon Getting fat in a recession
      632 20 Reuters As Americans cut food spending, they'll eat more empty calories or foods high in sugar and fats Dallas THE unfolding recession could inflate US waistlines, experts worry. The spectre of "recession pounds" is a concern weighing on health professionals. Numerous studies have linked obesity
      Reuters; REUTERS  -  632 words
    • Article
      Lock icon Ssangyong Motor files for protection
      378 20 Bloomberg Seoul SSANGYONG Motor filed for bankruptcy protection in South Korea, ending SAIC Motor's four-year management of the first overseas carmaker controlled by a Chinese company. The carmaker faces a "serious liquidity crisis" after SAIC, the South Korean government and lenders failed to agree on
      Bloomberg  -  378 words
    • Article, Illustration
      Lock icon Star-studded Golden Globe launches Oscar countdown
      596 21 AFP Red carpet will be ablaze with stars after last year's drought Beverly Hills, California A GALAXY of stars will jostle for honours at the 66th Golden Globes here tomorrow as the race for the Oscars next month cranks into overdrive. After a disastrous
      AFP; :AP,Re Liters;!; 3 AFP  -  596 words
    • Article
      Lock icon Slumdog Millionaire is critics' choice
      229 21 Reuters Los Angeles SLUMDOG Millionaire was the final answer at the Critics Choice Awards on Thursday. The movie, set in Mumbai, won five awards, including best picture, director (Danny Boyle) and writer (Simon Beaufoy). It solidifies its status as an Oscar frontrunner ahead of the
      Reuters  -  229 words
    • Article
      Lock icon Obama's energy goal challenging: Exxon
      305 21 Reuters Washington ExxonMobil chief executive Rex Tillerson says it would be difficult to meet President-elect Barack Obama's goal to significantly boost US alternative energy production. In a speech at George Mason University in Fairfax, Virginia, Mr Obama said he wanted the United States to double
      Reuters  -  305 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      76 18 t^ifl The famous "A Room Within A Room" concept originally designed by Eero Aarnio in 1996 B Chic retro design B with white exterior B red interior cushioned B wall that is B upholstered in fabric I Durable stylish V I j fiberglass shell W Swivels 360 degrees Removable interior
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  • SGX
    • Article
      Lock icon Transaction date: Jan 9
      8881 22 SZ-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote C000) High Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil 1.5 3 3148 8Telecom _5J 3 5834 A-Sonic JO 100 6389 ABF SG Bond ETF 10.5 12 5000 ABR Hldgs 9
      8,881 words
    • Article
      Lock icon SGX CATALIST
      1509 25 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil !0 5 1181 s AAGrp 52 16 8538 s APStrategic j 1 1501 s Advanced System 7 2 3480 t Adventus !8 12.5 3518 s Afor !3.4 2.7 1524 s Alantac >.O 3.5 7814 s
      1,509 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      48 25 Up Down Unch 6 6 2 Up Down Unch 0 0 0 Up Down Unch 6 6 2 lulti Ind lanui FactuTTFTi .ommerce -inance ,onst ruction 'roperties Totel Sts" >ervices led >as/ fateF ;ure larr Active counters with no volume for todai are not included
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      178 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co
      178 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      821 25 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jan 5 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ Before (•ooo) iHAREHO DLDINI After ('000) itock China Sports Intl 7-Jan-09 Digiland Intl 7-Jan-09 United Industrial Corp 6-Jan-09 Banyan Tree Hldgs 6-Jan-09 United
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  • MARKETS
    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        20 26 YTD change: +2.52% 52-week high: 3,371.33 on Jan 10,2008 52-week low: 1,473.77 on Oct 28,2008 Source: :Bloomberg
        :Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Hang Seng Index
        20 26 Source: YTD change: -0.07% 52-week high: 27,625.80 on Jan 9,2008 52-week low: 10,676.20 on Oct 27,2008 :Bloomberg
        :Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        26 26 Source: YTD change: -0.39% 52-week high: 13,136.60 on May 19,2008 52-week low: 7,449.38 on Nov 21,2008 (Chart shows Thursday's index closing) Bloomberg
        : Bloomberg  -  26 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
        364 26 Jan 8 dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 685.4 -0.9 -39.4 -0.1 -39.6 -0.6 -41.2 EAFE Preliminai 664.2 -1.4 -40.7 -0.3 -42.0 -0.8 -43.6 Euroi Preliminai 940.2 -0.6 -39.1 0.3 -44.7 -0.2 -46.2 Pacific 542.5
        364 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        21 26 Source: YTD change: +4.62% 52-week high: 5,522.78 on Jan 14,2008 52-week low: 1,664.92 on Oct 28,2008 Bloomberg
        : Bloomberg  -  21 words
      • Article, Illustration
        Lock icon Nikkei 225
        19 26 Source: YTD change: -0.26% 52-week high: 14,602.60 on Jan 9,2008 52-week low: 6,994.90 on Oct 28,2008 :Bloomberg
        :Bloomberg  -  19 words
      • Article
        Lock icon LIFFE
        65 26 Jan 8 COCOA (£/tonne) Close Prev Hi, jh/Low Mar 09 1836 2596 1861/1773 May 09 1788 2585 1809/1731 JulO9 1769 2566 1790/1720 SepO9 1748 2537 1754/1706 COFFEE (US$/tonne) Close Pev High/Low now Jan 09 1952 unch 1954/1940 SUGAR (US tonne) White Close Prey High/Low Mar 09 336.9 334.0 337.1/331.0
        65 words
      • Article
        Lock icon CHICAGO BOT
        94 26 Jani iNS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low Jan 09 989.00 990.*****4.25 978.50 Mar 09 989.50 990.*****5.00 976.25 May 09 1000.*****1.*****5.00 987.75 JulO9 1011.*****1.*****6.50 998.50 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low Jan 09 35.52 35.92 35.89 35.35 Mar 09 35.78 36.18 36.25 35.47 May
        94 words
      • Article
        Lock icon OIL
        74 26 JanB| ISS/barrel (FOB origin) Close Change Srent blend (1-Mth F) VTI (Near Mth) )ubai (1-Mth F) 'apis blend /linas 46.99 -0.72 41.77 -1.20 47.10 -3.46 47.15 -5.75 44.05 -4.85 •RODUCT ISS/barrel (FOB S'pore) Close Change \l aphtha let Kerosene 36.90 -2.87 64.45 -4.89 JSS/barrel )pec Oil Basket Price 45.75
        74 words
      • Article
        Lock icon METALS
        73 26 Jan 9| ;us$/oz; Jan 09 Jan 08 Hong Kong 850.70 840.20 851.70 841.20 Jan 08 Jan 07 London 857.00 845.75 858.60 847.75 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 16.52 16.29 Source: UOB PLATINUM Lon (US$/oz) Jan 08 Close Previous PM Fix 987.*****0.00 AM Fix 988.00 991.00
        73 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        150 26 Jan9\ Against S$ :urrencies Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.0464 1.0483 Against US? Bid 0.7081 Offer 0.7087 :anadian dollar 1.2467 1.2485 0.8436 0.8440 Euro 2.0206 2.0232 1.3673 1.3678 NZ dollar 0.8759 0.8775 0.5927 0.5932 jterlini 2.2522 2.2550 1.5240 1.524! US dollar
        150 words
      • Article
        Lock icon PALM OIL
        64 26 Jan9f KLCE PALM FUTURES Delivery Opening Month Range [RM/MT) Sett Av Price Price Law Vol Done Open Position Hi, Jan 09 1930 FebO9 1930 Mar 09 1910 Apr 09 1908 Total o/p: ***** contracts 1910 1941 1900 1937 1952 1908 1920 1948 1903 1915 1946 1900 Turnover: *****
        64 words
      • Article
        Lock icon LONDON METALS
        68 26 Jan si tluminium, 99.7% mrity (US$/tonne) Close Previous :ash 1 months 1520.20 1555.00 1558.50 1594.00 :opper, Grade A ;us$/tonne) lash J months 3161.50 3195.00 3306.80 3340.00 ■ead (US$/tonne; :ash months 1156.50 1149.00 1147.50 1140.00 lid /tonne; lose ■revious :ash months •in (US$/tonne; *****.00 *****.00 *****.01 *****.01 :ash 1
        68 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Suicide fails the test of taking responsibility
      1146 27  -  Michael Lewis Bloomberg Recent deaths of distraught financiers fix no problems, restore no wealth and redress no harm By FINANCIAL people may or may not be more likely than others to kill themselves after they've suffered a reversal, but there's no question that
      Bloomberg; DUCHESSSA/STOCICXCHNG  -  1,146 words
    • Article
      Lock icon No porn please, this is Wall Street
      517 27  -  Jeff Segal Rob Cox BREAKING VIEWS By and HERE'S a shocker: Wall Street doesn't appear all that excited by porn. How else to interpret the fact that not one major US or European bank has agreed to handle the planned US$46O million initial
      517 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Selecting the right fund matters
        1272 28  -  Genevieve Cua The wide dispersion of returns within fund sectors suggests that in times of crisis, the choice of fund is important. By -2008 has turned out to be a year that most would rather forget, although even that is hard to do given the
        REUTERS  -  1,272 words
      • Article
        Lock icon Ugly beast
        85 28 Bear markets v^.o Magnitude Months """I"?, Year of decline of decline UNT1LFULL RECOVERY 1903 26 13 13 1907 34 14 13 1917 28 13 17 1921 23 20 10 1929-33 83 34 151 1937 50 13 58 1946 22 6 35 1962 22 6 10 1970 29 19
        85 words
      • Article
        Lock icon Equity fund groups
        68 28 2oo8 net inflows (outflows) IN$M, ALL FUNDS INCLUDING ETFS 2007 FLOWS Global emerging market funds (geo diversified) (10,334) I 23,906 Asia ex-Japan Latin America (25,704) (6,638) 20,396 10,830 EMEA (6,212) (1,117) All emerging market funds US Japan (48,889) (27,145) (11,554) 54,015 (34,615) (24,149) Western Europe Global (57,953)
        68 words
      • Article
        Lock icon Fund groups (fixed income)
        41 28 2oo8 net inflows (outflows) IN$M 2007 Emerging markets bonds (18,110) I 8,060 Global bonds (37,076) 2,649 High-yield bonds USbondfunds (8,813) 3,420 2,155 1,356 All bond funds (60,635) 13,472 Money market funds 455,392 216,420 Balanced funds (28,639) 608
        41 words
      • Article
        Lock icon brokers' take
        798 28  -  Jamie Lee First Resources Sell DMG Partners Securities, Jan 9 close: 550.39 RECENT geopolitical tensions have pushed crude oil prices (and hence crude palm oil or CPO prices) up. Crude oil price rose to a three-week high of about US$4B.Bl per barrel on Jan 5, as Israel's deepening
        798 words
      • Article, Illustration
        Lock icon Good time to pick some stocks
        1108 29  -  Albert Lam WEALTH INSIGHTS Integrating economic, technical and fundamental analyses could help us in our investment Investment director, IPP Financial Advisers THE best thing about 2009 is that 2008 is over. It has been a year which most want to forget. We see almost
        STOCK.XCHNG  -  1,108 words
      • Article, Illustration
        Lock icon Reflections on the financial crisis
        1362 30  -  Teh Hooi Ling SHOW ME THE MONEY Big may not be beautiful for corporations, and the herd instinct among top executives may do harm hooiling@sph.com.sg Senior correspondent THE financial crisis of 2008 and its unfolding after-effects have revealed numerous weaknesses in the world we live
        STOCK.XCHNG  -  1,362 words
      • Article, Illustration
        Lock icon Portfolio protection for retirees through modest withdrawals
        610 31  -  Eileen Ambrose LAT-WP By not taking out a big percentage of assets, retirees increase their chances of not running out of money later By LAST year was brutal for investors, but probably more so if you're a new retiree. Your nest egg could
        LAT-WP; STOCK.XCHNG  -  610 words
      • Article
        Lock icon Fund Scoreboard
        219 31 CATEGORY 1-MTH 3-MTH 6-MTH 1-YR ANNUALISED 3-YR S-YR CY2007 US Dollar Government Bond -1.83 2.62 11.23 6.22 1.24 0.81 4.88 US Dollar Money Market US Dollar Diversified Bond -3.08 -0.14 7.35 3.02 -0.36 0.35 5.17 -0.08 -0.63 -0.39 0.03 -0.89 -0.12 -1.85 Euro Government Bond 4.24 3.93 1.88
        219 words
      • Article
        Lock icon China property prices slide, Reits may be in the offing
        155 32 Bloomberg Beijing CHINA'S house prices dropped 0.4 per cent in December from a year earlier, the first decline on record, as slowing economic growth amid a global recession deterred homebuyers. The decrease in prices across 70 major cities follows a
        Bloomberg  -  155 words
      • Article, Illustration
        Lock icon Will developers be the first to blink?
        933 33  -  Arthur Sim The holding power of the various parties will set the tone for the market in 2009. By HE holding power of both developers and investors will be closely watched this year as it would have significant bearing on residential property prices.
        BLOOMBERG  -  933 words
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      Lock icon Page 32 Advertisements Column 1
      577 32 i [»i' ki^ iTTTTTISBffISRrSS^SIRS^HIBSStBSIKISSSffISSISSIRSISSSSSSBS^ PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF I PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 3 Tembelingßd 2~Ter 10/12/2008 FH 2447 t320 539* NON-LANDED NON-LANDED The Metropolitan Apt 02/12/2008 99 721 620 860
      577 words
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  • Page 34 Miscellaneous
    • Miscellaneous
      Lock icon Page 34 Miscellaneous Column 1
      29 34 I $"1 /'■'■^■f'-■■■/'■ El*'" iHK^v n PERSONAL SPACE w A^^^^^^^^^T^^F lIZII I L Fashion-inspired interiors Lio-n V W^mjSl^^^^^A 'j Lift VS r>l •j'llaH it irtriy.ni I 'H 'liiil PHOTQUNIQLO
      29 words
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  • BT Living
    • SHOPPING
      • Article, Illustration
        Lock icon Affordable chic
        1425 35  -  Cheah Ui-Hoon The economic clouds may be pushing consumers away from their favourite couture brands but that doesn't mean a dismal outlook on the shopping front. Taking up the slack are a slew of price-conscious yet quality-minded retail brands that are opening new stores in Singapore this year.
        1,425 words
      • Article, Illustration
        Lock icon From Sri Lanka to Singapore with flair
        618 35  -  Cheah Ui-Hoon By OTARA Gunewardene is being rightfully conservative in her approach to Singapore, where she plans her first retail expansion after her immense success in her hometown of Sri Lanka. The model-turned-entrepreneur is the founder of the premium Odel department store in
        618 words
    • DINING
      • Article, Illustration
        Lock icon Big Apple style
        1144 36  -  Geoffrey Eu If you happen to be caught in a New York state of mind the next time you go out for a meal, check out these new eateries that combine good value with an all-American ambience. By Over Easy 1 Fullerton Road #01-06 One Fullerton *****-0701
        1,144 words
      • Article, Illustration
        Lock icon Living the sweet life
        1273 37  -  Audrey Phoon The economy may be down, but these entrepreneurs are on a sugar high: they've quit their jobs and have turned to dishing out sweet treats instead. By Sticky 6 Eu Tong Sen Street The Central B1 -54/55 Si 6238-5178 www.sticky.com.sg THERE'S a sweet union
        PHOTOS OF MS LIM AND STICKY PRODUCTS BY ARTHUR LEE  -  1,273 words
    • ENTERTAINING
      • Article, Illustration
        Lock icon Sushi essentials
        1051 38  -  Audrey Phoon guest chef With the Christmas feasting just past and Chinese New Year meals to come, now's a good time for lighter food like sushi. Tatsuya's Ronnie Chia shares how to make it. By WHAT does it take to be in the business of sushi? Not just
        PHOTOS BY ARTHUR LEE  -  1,051 words
    • HOME & GARDEN
      • Article, Illustration
        Lock icon Razzle dazzle
        1190 40  -  Cheah Ui-Hoon personal space Interior designer Lillian Cher's approach is fashion-oriented and at the opposite end of minimalism in the style spectrum. By O who says there's a slowdown? Tell that to interior designer Lillian Cher, who has her diak ry booked with appointI ments for new and
        PHOTOS BY ARTHUR LEE  -  1,190 words
    • TRAVEL
      • Article, Illustration
        Lock icon A sip of sunshine
        1344 41  -  Edwin Soon NOT TO BE SNIFFED AT The delicious dry rose of Santo Wines FOR Plato the philosopher, Santorini was the former site of the mythological lost city of Atlantis. For wine historians, Santorini was where European wines were first made, evidenced by the recent discovery
        EDWIN SOON  -  1,344 words
    • GADGETS
      • Article, Illustration
        Lock icon Prosumer power
        850 42  -  Christopher Lim The latest offerings from Canon and Olympus are vying to replace the tiny point-and-shoot compacts you keep in your purse. By Canon SKI IS and SXIO IS Canon has finally replaced its S5 IS with the SKI IS ($999) and SXIO IS ($769), which bridge the
        850 words
    • HEALTH
      • Article, Illustration
        Lock icon Relief for the pain
        466 43  -  Cheah Ui-Hoon neck pains the ageing lumbar spine Minimally invasive surgery is becoming a more common treatment for lumbar spinal problems. By MINIMALLY invasive surgery is increasingly being used to treat lumbar spine problems, which is good news to most since four out of five people
        466 words
      • Article
        Lock icon Don't just ignore it
        413 43 IF you suffer from neck aches, don't ignore them or just stick on a medicated plaster and hope it works. Take note particularly if your arms start getting weak, numb or tingly. Of if you experience loss of bladder and bowel control. "Weakness in the upper
        413 words
    • SPORT
      • Article, Illustration
        Lock icon BPL – window's open but it's slim pickings
        757 44  - BPL window's open but it's slim pickings Lee U-Wen no holds barred leeuwen@sph.com.sg Correspondent JUST as many people are tightening their belts amid the economic downturn, a big question mark looms over whether clubs in the Barclays Premier League (BPL) will do the same. The January transfer window has been
        ACTION IMAGES  -  757 words
    • GOLF
      • Article, Illustration
        Lock icon Keep on swinging
        1154 45  -  Justine Moss Golf burns up much more energy than most people think. By^H AN American scientist has concluded, in case you had any doubts, that golf is indeed a sport one that burns up much more energy than most people think. Neil Wolkodoff, director of the Rose
        AP  -  1,154 words
    • MOTORING
      • Article, Illustration
        Lock icon NINE FOR 2009
        734 46  -  Samuel Ec Even if the prognosis for 2009 remains murky, there is no reason not to look forward to some of the more interesting new cars to be launched this year. t By -1 Artega GT The new year will welcome a new marque to Singapore. The
        734 words
      • Article, Illustration
        Lock icon HIGH-POWERED HYBRID
        574 47  -  Samuel Ec This third-generation RX hybrid has more power than the previous RX4OOh By BUYING a Lexus hybrid has always been an interesting proposition. While fuel savings may be uppermost in the minds of those who buy a conventional pet-rol-electric hybrid, massive power is the appeal of the
        574 words
      • Article, Illustration
        Lock icon NEW LEVEL OF LUXURY
        820 48  -  Samuel Ec It isn't difficult to see why the Lexus RX has been called the most successful luxury SUV. By T has been called the most successful luxury SUV ever and it's not difficult to see why. The Lexus RX has all the qualities of an
        820 words
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  • Page 39 Advertisements
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      Lock icon Page 39 Advertisements Column 1
      437 39 JlHl XhEA VENL V A* [B RQ W NLsna. P¥ i "°K' KlCESgyyy Pp Supplement Your Diet with Brown Rice fESfI Apart from a unique taste, brown rice offers a host of benefits that ca ICETiS aid your overall wellbeing. Check out the nutrition it provides in th HHppHI fifth
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  • Page 43 Advertisements
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      Lock icon Page 43 Advertisements Column 1
      100 43 At Parkway Health, we strongly believe that you are never too old or too young to improve your bone health. With healthy nutrition, physical activity as well as regular medical check-ups, you can have strong bones and live longer, healthier lives. We have customised an affordable Bone Health Screening Package
      100 words
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      Lock icon Page 43 Advertisements Column 2
      90 43 This is the first of a four-part series brought to you by Parkway Health™ 1 Terms Conditions: i i 1. This package is valid from 10 January to 31 March 2009. 2. This screening package is only available at: Island Orthopaedic Group i clinics at East Shore, Gleneagles and Mount
      90 words
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  • Page 44 Advertisements
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      Lock icon Page 44 Advertisements Column 1
      736 44 Wine^ Cline with BTWeekend Pine Court Chinese Restaurant and Le Jardin dcs Sens in Montpellier, this The Atrium Deli (Level 1) ***** h H w° former right-hand man to the Michelin star Marina Mandarin Singapore S 6826-8240 Meatus Mandarin SinHoore twin chefs JaCqueS and Laurent P°UCel is Set 6 Raffles
      736 words
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