The Business Times, 13 June 2009

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Microfilm: NL30043
Total Pages: 45
1 45 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg www.businesstimes.com.sg june 13-14,2009 sji.OO mica(p)l9B/08/2008 qfl A SINGAPORE PRESS HOLDINGS PUBLICATION
    16 words
  • Article, Illustration
    Lock icon World's biggest asset manager is born
    756 1  -  Neil Behrmann Blackßock buys Barclays Global Investors for USsl3.sb to vault ahead of rivals By btworld@sph.com.sg London BLACKROCK'S agreement to buy Barclays Global Investors (BGI) for US$l3.5 billion, equally in cash and Blackßock shares, will create by far the world's largest asset manager. The
    Thomson Reuters, Company reports  -  756 words
  • Article, Illustration
    Lock icon Time may run out for Keppel Club
    686 1  -  Yen Sreenivasan Lease may not be renewed as prime site can be put to other uses By ven@sph.com.sg Singapore ONE of Singapore's best-known golf clubs could be forced to give up its prime location close to the upcoming Sentosa integrated resort and seek
    686 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      203 1 —-J^^P^f SHOPPING J"7 THE RAFFLES CONVERSATION WEALTH 1 -^JfejjT AaM v Good luck gifts I CAMBRIDGE VICE-CHANCELLOR In crisis,do the V for Dad LB-9 |§i^_ ALISON RICHARD 6-7 right thing 26-27 PUMPING CASH Citi ATMs at more Esso stations Move follows a six-month pilot project at Esso Newton, where transaction
      203 words
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  • TOP STORIES
    • MARKETS
      • Article
        Lock icon STOCKS
        45 2 KL COMP 1,090.15 +1.19 NIKKEI 225 10,135.82 +154.49 HANG SENG 18,889.68 +98.65 SET 628.55 +1.48 JAKARTA 2,090.94 +1.36 MANILA 2,598.80 +68.08 KOSPI 1,428.59 +9.20 SHENZHEN B 452.24 -14.50 MUMBAI IND 15,237.94 -173.53 12.00am EDT Chanpe 12.00am EDT Change DOW 8,751.80 -19.12 NASDAQ 1,837.31 -25.06
        45 words
      • Article
        Lock icon PRIME RATES
        27 2 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.165 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source: Bloomberg
        27 words
      • Article
        Lock icon FOREX
        42 2 us$ 2$ us$; 1.450 ;us$; IS$ ier£; 1.652 2.395 EURO. ;us$/ 1.408 2.042 YEN 98.00 67.60 RM 3.504 2.417 HK$ 7.751 5.345 BAHT 34.10 23.52 RUPIAH 10,065 6,941 RENMINBI 6.835 4.714 INDIAN RUPEE 47.47 32.74 A$ 1.229 0.848 NZ$ 1.560 1.076
        42 words
    • Article
      Lock icon Twitter is for the birds
      672 2  -  Joyce Hooi By SATURDAY SOAPBOX joyceh@sph.com.sg AS part of the growing number of people who have noticed the state of the emperor's undress, I think the time has come to point out that the emperor is naked. And that emperor is Twitter. A lot has
      672 words
    • Article, Illustration
      Lock icon Drive-through Citi ATMs at Esso stations
      457 4  -  Samuel Ec There will be 10 petrol kiosks with cash machines by year-end, and five more planned for 2010 By samuelee@sph.com.sg Singapore SOON, you won't have to get out of your car to withdraw money from an automated teller machine (ATM) at an Esso
      457 words
    • Article, Illustration
      Lock icon Share rally fuels hike in club fees
      412 4  -  Yen Sreenivasan By ven@sph.com.sg Singapore IF the idiom about rising tides lifting all boats is true, it must surely apply to the price of golf club memberships. The three-month share rally that lifted the Straits Times Index (STI) 30 per cent also seems
      Compiled byBT  -  412 words
    • Article, Illustration
      Lock icon What recession? Brisk business at Harrods
      526 5 Bloomberg Shoppers from countries whose currencies have strengthened against the pound flock to the London store London HARRODS, MohamedAl-Fayed's luxury store, is riding out the economic storm as Middle Eastern and Chinese visitors buy its most expensive Chanel suits and Louis Vuitton bags, managing
      Bloomberg; BLOOMBERG  -  526 words
    • Article
      Lock icon F1 teams, governing body still at loggerheads
      498 5 Reuters London FORMULA One (Fl) teams and the governing body remained locked in combat on Friday after the publication of a controversial 2010 entry list that included all 10 current teams as well as newcomers from America and Spain. While stepping back from
      Reuters  -  498 words
  • Page 2 Miscellaneous
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  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      152 3 mi m The art of loft living When boundaries are pushed... When you are free to express yourself... I kk, I lit When living zones are redefined... L k Call *****000 or visit our showflats at 83 Cairnhill Road lil fcl ronn l Oam to 7pm daily ||J L Ij^
      152 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon A meeting of minds
      2694 6  -  Anna Teo Anthropologist-turned-university leader Alison Richard spent 30 years in America at Yale before returning to her alma mater, Cambridge, as vice-chancellor in 2003, She talks about the challenges facing the 800-year-old British university. By S stereotypes go, Alison Richard I^L may not quite come across
      ARTHUR LEE  -  2,694 words
    • Article
      Lock icon Raffles
      76 6 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
    • THIS WEEK
      • Article
        Lock icon 2009 plumbs the depths in barren spell for IPOs
        52 7 THIS year may mark the lowest trough for initial public offerings (IPOs) here, as high market volatility and depressed valuations have put the brakes on new listings. So far, there have only been three IPOs this year, raising a total of
        52 words
      • Article
        Lock icon CapitaLand gets banks to back China splash
        62 7 CAPITALAND aims to grow further in China and up to 45 per cent of its total assets may come from operations there in the next few years. To support its expansion, the property group has inked cooperation agreements with two major Chinese banks
        62 words
      • Article
        Lock icon The industry sky darkens – but SIA has a Plan B
        57 7 The industry sky darkens but SIA has a Plan B THE global commercial aviation industry will lose US$9 billion this year and carriers such as Singapore Airlines have already started tweaking tactics to weather the storm. The revised forecast by the International Air Transport Association is double the agency's previous
        57 words
      • Article
        Lock icon More employers plan to hire than fire in Q3
        51 7 EMPLOYERS here have turned cautiously optimistic with their hiring plans for the next three months, the latest Manpower Employment Outlook Survey has found. The net employment outlook is a positive 5 per cent, against a negative 43 per cent a quarter
        51 words
      • Article
        Lock icon The 2010 growth story comes with an asterisk*
        42 7 WIDESPREAD positive forecasts of 2010 GDP growth point to certain economic expansion here. A survey of 10 research houses' forecasts places next year's GDP growth in a range of 2.4 to 6.2 per cent.
        42 words
      • Article
        Lock icon Slow first corner for F1 hospitality sales
        41 7 CORPORATE hospitality sales for this year's Formula One Singapore Grand Prix have been slower than last year's, although the recent pick-up in market sentiment is driving more companies to sign on the dotted line.
        41 words
      • Article
        Lock icon 10 big US banks cleared to make payback
        68 7 THE US cleared the way for 10 big banks on Tuesday to start repaying billions of dollars in taxpayer aid, a crucial step in easing the government's grip after an unprecedented series of interventions. The banks were deemed strong enough to leave
        68 words
      • Article
        Lock icon Corporate warrants in arresting return
        53 7 CORPORATE warrants are making a comeback as a way to entice investors to take up rights issues. So far this year, eight mid-sized companies or small-caps have offered warrants that could raise a total of $874 million if they are fully exercised over a period
        53 words
      • Article
        Lock icon Property auctions rise as hammer falls
        38 7 PROPERTY auctions are in vogue again, with deals touching $18.5 million in May alone. This is higher than the $17.9 million for the whole of Q1 this year, show Colliers International figures.
        38 words
      • Article
        Lock icon S'pore economy expected to shrink 6.5% this year
        48 7 ECONOMISTS and analysts now predict a sharper dip in Singapore's GDP for the full-year than they forecast in March, but continue to expect the rate of contraction to slow in the coming quarters, according to the Monetary Authority of Singapore.
        48 words
      • Article
        Lock icon Chrysler clears final hurdle with Fiat as new owner
        46 7 ITALY'S Fiat is the new owner of the bulk of Chrysler's assets, closing a deal on Wednesday that saves the troubled US carmaker from liquidation and places a new company in the hands of Fiat's chief executive.
        46 words
      • Article
        Lock icon Trade stirs to life again, but it's back to basics
        56 7 SINGAPORE traders are buying and selling again and funding costs have returned to more normal levels, although the recovery is not across the board, bankers say. Feb-ruary-to-April trade volume out of Singapore declined 3-5 per cent a vast improvement from
        56 words
      • Article, Illustration
        Lock icon Did Fed put a gun to BOA chief's head?
        95 7 MERRILL Lynch was bought before it went under, but the fallout now threatens to tarnish Federal Reserve chairman Ben Bernanke and then-Treasury secretary Henry Paulson. The charge? That the Fed threatened to force the ouster of Bank of America CEO Kenneth
        95 words
  • Page 7 Advertisements
  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      264 7 CRYPTIC CROSSWORD across n r —'5 4 -jj —ig i k m 12 Tending to stop drink racer broke down around Ml I short (11) 12 Where fine Arabs might I M BB^_H __L_^B_^B_ decorative (4,4) filthy place hideous 23 I 111 Not entirely (5) (7) mt —mt Mt^~^^l —124
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    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 2
      87 7 NEXT WEEK June15-19,2009 US DATA June 15 April net long-term TIC flows June 16 May building permits May core PPI May housing starts May industrial production June 17 May core CPI Crude inventories Initial job claims June 18 May leading indicators June Philadelphia Fed SINGAPORE DATA June 15 April retail
      87 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Bullish in the year of the ox
      1216 8 Businesses should use the current slump as a time to grow, restructure and get a second wind FROM THE DESK OF Nick Lambert Executive board member managing director EMEA Asia Pacific India US, Cable&Wireless Worldwide AVING worked through about 10 significant global and
      1,216 words
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  • COMPANIES
    • Article, Illustration
      Lock icon Chartered more upbeat on Q2 revenue
      421 9  -  Winston Chai Chipmaker raises sales forecast and also expects quarter's losses to be lower than earlier projected By winstonc@sph.com.sg Singapore CHARTERED Semiconductor Manufacturing has turned more upbeat on its current second quarter performance outlook. In an update of its guidance yesterday, the chipmaker now
      CHARTERED SEMICONDUCTORS  -  421 words
    • Article
      Lock icon OCBC also wants to install petrol station ATMs
      326 9  -  Siow Li Sen By lisen@sph.com.sg Singapore BETTER late than never. OCBC Bank too wants to install automated teller machines (ATMs) at petrol stations. Following news that Citibank will have 15 drive-through ATMs at Esso petrol stations over the next 18 months, OCBC
      326 words
    • Article
      Lock icon P-Reit downgraded by Fitch Ratings
      266 9 Reuters Singapore FITCH Ratings yesterday downgraded Parkway Life Real Estate Investment Trust (P-Reit). In the downgrade, P-Reit's long-term issuer default rating (IDR) and its $500 million multicurrency medium term note (MTN) programme were downgraded to "BBB" from "BBB+". While P-Reit has good interest coverage, low
      . Reuters  -  266 words
    • Article
      Lock icon Low Keng Huat posts Q1 net of $11.2m
      414 10  -  Jamie Lee First-quarter earnings more than double as revenue more than trebles to $84m By leejamie@sph.com.sg Singapore LOW Keng Huat's financial first quarter net earnings more than doubled, thanks to its construction segment and higher development profit contributions from related companies. Net
      414 words
    • Article, Illustration
      Lock icon Singapore joins implementation of Asean and Plus Standards Scheme
      290 10  -  Emilyn Yap By etnilyny@sph.cotn.sg Singapore SINGAPORE is implementing the Asean and Plus Standards Scheme, a capital market initiative to harmonise disclosure requirements and facilitate cross-border offerings of securities within Asean. The Republic thus joins Malaysia and Thailand as the first three
      AFP  -  290 words
    • Business briefing
      • Article
        Lock icon Ecowise Q2 profit hit by absence of one-time gain
        66 10 t^^^tatt^t^ tt i i- i ECOWISE Holdings yesterday reported a net profit Of $434,000 for the second quarter ended April 30, 2009 92.2 per cent down from the previous Q2 s $5.53 million, which included an investment gain of $5.1 million.
        66 words
      • Article
        Lock icon Life b fan dz pOStS Q3 lOSS Of $2m
        44 10 loss of $2,046 million for the third quarter ended April 30, 2009. This is a Slight improvement OVer the net loss of $2,047 million a year agO. Revenue fell 26 per Cent tO $6.6 million.
        44 words
      • Article
        Lock icon Eastgate divests non-performing units
        32 10 IN a corporate restructuring move, Eastgate Technology, which is on the Singapore Exchange watch-list, has entered into agreements to diVest itS non-performing Units in Singapore, Thailand and Taiwan.
        32 words
    • Article, Illustration
      Lock icon When market sees 'less bad' as 'good'
      575 11  -  R Sivanithy Senior correspondent STOCKS| Wall Street's desire to continue buying on 'better-than-expected' data rubs off on Singapore market for part of the week sivan@sph.com.sg Senior correspondent However, the payroll numbers lied. The fact is the "less bad" figure was lifted by the
      575 words
    • Article
      Lock icon TOP 20 ACTIVES
      109 11 JniFiber 117,708 -1.0 -11.1 ientini SP 55,960 67.5 -0.5 -0.7 ;347 29.5 0.0 0.0 'osco Cor 51,297 144 5£> 3£ IDR 46,479 1.5 0.0 0.0 :uNetworks 40,947 3.5 0.0 0.0 iolden 37,512 43 -0.5 -1.1 ifflesEdu 31,357 63 1.0 1.6 IOL 29,558 169 2.0 1.2 Land 28,869
      109 words
    • Article
      Lock icon STI STOCKS
      52 11 litaLand 3.830 litaMall 1.430 +0.050 :ityDev 9.480 +0.010 1.320 -0.010 :osco Cori 1.440 +0.050 IBS Gn 12.220 -0.180 :&N 3.920 -0.130 ientin: SP 0.675 -0.005 iolden Agri 0.430 -0.005 IK Land 3.370 +0.050 IMH 26.100 +1.160 ISH 14.000 +0.020 lardine C&C 18.760 +0.220 lei Con 7.250 +0.020 IOL
      52 words
    • Article
      Lock icon TOP GAINERS
      55 11 CLOSE UP IBXT Nifb 10US$ ***** 1617.8 12.5 JMH 2610 168.2 4.7 DBXTS&P Short 10US$ 6658 72.5 0.8 LatinAmerica 1 630 71.0 8.4 EasternEuroi 410 52.2 9.6 DBXT FTVietnam 10US$ 5102 43.5 0.6 UOB DBeCW*****6 101 42.5 72.6 WBL Con 384 24.0 6.7 Jardine C&C 1876 22.0 1.2
      55 words
    • Article
      Lock icon TOP LOSERS
      98 11 CLOSEDOWN GLD 10US$ 9325 -76.8 -0.6 OCBC Bk 4.5%NCPS 100 8900 -30.0 -0.3 UOB 1518 -30.0 -1.9 SIA 1298 -28.0 -2.1 SIA.ES.0906 1302 -28.0 -2.1 SIA 200 1302 -22.0 -1.7 UOB.ES.0906 1526 -22.0 -1.4 Omej iNav 1680 -20.0 -1.2 IBS Gn 1222 -18.0 -1.5 Isetan 302 -18.0 -5.6
      98 words
    • Article
      Lock icon $404.5m debt maturity extension for FCOT
      244 11 Singapore THE maturity date for $404.5 million of Frasers Commercial Trust's (FCOT's) existing debt has been extended from July 31 to Dec 31, manager Frasers Centrepoint Asset Management (Commercial) Ltd said yesterday. The extension involves a loan note facility arranged by CBA Asia Ltd
      244 words
    • Article
      Lock icon Asian corporate bonds offer value: Fullerton
      517 12 Bloomberg Investment-grade type has relatively wide spreads over US Treasuries and low risk of default Singapore ASIAN investment-grade corporate bonds offer value for investors because of their relatively wide spreads over US Treasuries and low risk of default, according to Fullerton Fund Management Co.
      Bloomberg  -  517 words
    • Article, Illustration
      Lock icon Here comes Bull Charge 2009
      353 12  -  Joanne Tang By tjoanne@sph.com.sg Singapore SINGAPORE Exchange (SGX) is once again rallying its listed companies and the finance industry to help charities through the Bull Charge 2009. The Bull Charge is an annual charity fun run event organised by SGX, in partnership with Temasek Holdings,
      JOSEPH NAIR  -  353 words
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      3 10 g Se d
      3 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      370 10 I!Wtices ""—-stf—*^ [Section 290|2)(b)] And In the Matter of HEALTHWHO.COM PTE LTD (In Members' Voluntary Liquidation] [company Rag. No. i*****584h] NOTICE OF RESOLUTIONS At an S^l^™' Meeting o f the members of the aboveromed company du|y coined and held at 156 Gui circle, tZZi^Zl^Z™^. resolved^ AS SPECIAL resolutions I^% s^omffi
      370 words
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      40 12 morning crew 11 ■F'-J vl.^l fw B n »ll ■Ii 'I i^^^ l" _^H ft I' i jm X I Pj OL _> V _^H wf I ____k_H _cv P^H I "cf- JP" I .-..ft l_n^Hl F^^^ I WEEKDAYS 6am -IQam
      40 words
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  • SINGAPORE
    • Article, Illustration
      Lock icon Help for the elderly by the elderly at bank
      582 13  -  Chen Huifen POSB hiring senior citizens as it moves to provide special service to older customers By xuifen@sph.com.sg POSB is seeing a "silver" lining as more Singaporeans enter their "golden" years. The 131-year-old bank is hiring about 60 senior citizens to
      FILE PHOTO  -  582 words
    • Article
      Lock icon $60m to grow jatropha commercially
      268 13  -  Emilyn Yap Temasek life sciences lab spin-off raised funds for biodiesel feedstock By emilyny@sph.com.sg JOIL, a spin-off from Temasek Life Sciences Laboratory (TLL), has raised $60 million to develop the commercial cultivation of jatropha since its inception in August last year. The latest commitment of
      268 words
    • Article, Illustration
      Lock icon 25 China construction workers cause a stir
      727 14  -  Arthur Sim They wanted to leave for better paying jobs and were hoping MOM would help them get out of their contracts By simska@sph.com.sg SOME construction workers from China are causing a bit of a stir on construction sites in Singapore by job-hopping
      FILE PHOTO  -  727 words
    • Article, Illustration
      Lock icon Singaporeans unclear about retirement income: survey
      425 14  -  Zeinab Yusuf By zeinabs@sph.com.sg MOST Singaporeans as in elsewhere are clueless about what their retirement income will look like, a recent survey by HSBC revealed. Released yesterday, the fifth annual Future of Retirement study, It's Time to Prepare, questioned 15,000 people in 15 countries
      FILE PHOTO  -  425 words
  • Page 13 Advertisements
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  • LETTER FROM ABROAD WITH ASCOTT
    • Article, Illustration
      Lock icon Carry on shopping
      795 15  -  Alice Clarissa Soh nomic ices LETTER FROM NEW YORK CITY Manager, economic valuation services KPMG LLP We invite Singaporeans living overseas or posted abroad to write about life, culture and doing business where you are. Send your dispatch to btletter@sph.com.sg along with a photo of yourself, as
      BLOOMBERG  -  795 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      189 15 NOW DEFINING GLOBAL LIVING IN AUSTRALIA W Ascott invites you to celebrate its 25th anniversary with special rates and SPECIAL 25 th ANNIVERSARY T^T promotions at our 4 participating Somerset serviced residences in Australia. PROMOTION lb)| I^L^Jt I NIL Stay at Somerset Darling Harbour in Sydney, Somerset on the Pier
      189 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      18 15 THE ASCOTT GROUP A Member of Capita Land This series is brought to you by The Ascott Group
      18 words
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  • WORLD
    • Article, Illustration
      Lock icon MAS suffers RM695m Q1 loss as fuel hedges bite
      517 16  -  Pauline Ng Airline on track to save RM7OOm-RMlb in '09 by cutting costs By btworld@sph.com.sg Kuala Lumpur MALAYSIA Airlines (MAS) has posted a net loss of RM695 million (Ss2BB million) for the first quarter to end-March, the bulk of it owing
      517 words
    • Article
      Lock icon Consumer confidence at 9-mth high
      407 16 R.Reuters LATEST US DATA New York US consumer confidence rose to a nine-month high in June but failed again to surpass its level of September 2008, when the spectacular failure of Lehman Brothers sent the world economy into a tailspin, a survey showed yesterday. The
      R.Reuters  -  407 words
    • Article, Illustration
      Lock icon China's May industry output beats forecasts
      320 16 Reuters Beijing CHINA'S factory output growth rebounded more than expected in May alongside stronger expansion in credit and consumer spending, bolstering evidence that the world's third-largest economy is on the path to recovery. The figures, which round out a batch of monthly data that
      Reuters; AP  -  320 words
    • Article, Illustration
      Lock icon Advanced nations' response to crisis under fire
      546 17  -  Anthony Rowley Beijing gathering calls for more radical approaches to solve global financial crisis By btworld@sph.com.sg Beijing SENIOR Chinese and other Asian financial officials, joined by some Western bankers, yesterday delivered scathing attacks on the policy response by governments of advanced nations to
      BLOOMBERG  -  546 words
    • Article
      Lock icon BOA chief grilled over Merrill deal
      484 17 Bloomberg Washington KENNETH Lewis told Congress on Thursday he didn't feel threatened when regulators said they might oust him as head of Bank of America Corp (BOA) if he scuttled the purchase of Merrill Lynch Co. At least half a dozen members of Congress
      Bloomberg  -  484 words
    • Article
      Lock icon MGM Mirage, Genting in partnership talks
      259 17 Bloomberg Kuala Lumpur MGM Mirage, the casino company controlled by Kirk Kerkorian, and Malaysia's Genting Bhd are considering a possible partnership, spokesmen from both companies said. "We have started to consider possible marketing relationships, strategic ventures and partnerships with Genting globally," MGM spokesman Alan
      Bloomberg  -  259 words
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  • SGX
    • Article
      Lock icon Transaction date: Jun 12
      8899 18 SZ-wks Tel ligh Low Code Company Last Sale Vol (■000) Day Last Quote High Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil I 3 3148 8Telecom 0 2.5 5834 A-Sonic 10.5 12 5000 ABR Hldgs _5 5.5 1938 AEI Corp I 1 1100
      8,899 words
    • Article
      Lock icon SGX CATALIST
      1619 21 High Low Code Company Ugh Sale ('000) High Low Buyer Seller C'vr P/E Smil 9 5 1181 s AA Grp 17 17 8538 t APStrategic 0.5 1501 s Advanced System 7 3480 t Adventus ?7.5 8.5 3518 s Afor 4.7 7 1574 t Alantac 9.5 3.5 7814 t
      1,619 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      46 21 Up Down Unch 4 7 6 Up Down Unch OOP Up Down Unch 4 7 6 lulti Ind lanui FactuTTFTi .ommerce -inance .onst ;rud ;ion jerties Totel Sts" >ervices >as/ ler ;ure larr Active counters with no volume for todai are not included
      46 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      177 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co
      177 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      816 21 For week beginning Jun 8 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ SHAREHOLDING Before After ('000) ('000) Stock FMHIdgsLtd 11-Jun-09 FMHIdgsLtd 11-Jun-09 Cougar Logistic Corp 10-Jun-09 Adventus Hldgs Ltd 10-Jun-09 Advance SCT Ltd 10-Jun-09 Advance SCT Ltd 10-Jun-09
      816 words
    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        19 22 Source: YTD change:+34.94% 52-week high: 3,047.22 on June 18,2008 52-week low: 1,455.47 on March 10,2009 Bloomberg
        Bloomberg  -  19 words
      • Article, Illustration
        Lock icon Hang Seng Index
        19 22 Source:! YTD change:+3l.29% 52-week high: 23,492.20 on June 18,2008 52-week low: 10,676.20 on Oct 27,2008 :Bloomberg
        :Bloomberg  -  19 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        25 22 Source:! YTD change:-0.062% 52-week high: 12,322.80 on June 17,2008 52-week low: 6,469.95 on March 6,2009 (Chart shows Thursday's index closing) Bloomberg
        : Bloomberg  -  25 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
        363 22 Junll dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 721.7 0.7 6.5 0.7 9.0 1.0 8.4 EAFE Preliminai 690.9 0.6 6.4 0.8 10.0 1.1 9.3 Euroi Preliminai 947.1 0.8 3.9 1.1 10.0 1.4 9.3 Pacific 601.9 0.2
        363 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        20 22 Source: YTD change:+so.69% 52-week high: 3,031.06 on Jun 12,2008 52-week low: 1,664.92 on Oct 28,2008 Bloomberg
        Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Nikkei 225
        18 22 Source:! YTD change:+l4.4o% 52-week high: 14,469.90 on June 18,2008 52-week low: 6,994.90 on Oct 28,2008 Bloomberg
        Bloomberg  -  18 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        150 22 Juniq Against S$ :urrencies Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.1792 1.1806 Against US! Bid 0.8135 Offer 0.8140 :anadian dollar 1.3061 1.3074 0.9010 0.9014 Euro 2.0412 2.0426 1.4081 1.4083 NZ dollar 0.9289 0.9303 0.6408 0.6414 jterlini 2.3939 2.3956 1.6514 1.6517 US dollar
        150 words
      • Article
        Lock icon LIFE
        72 22 Jim 11\ IOCOA (£/tonne) Close Prev Hi, jh/Low Jul 09 1774 1779 1785/1759 SepO9 1786 1787 1795/1772 Dec 09 1782 1780 1789/1766 MariO 1772 1767 1771/1755 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1533 1535 1541/1529 SepO9 1547 1550 1554/1543 Nov09 1558 1561 1564/1553 SUGAR (US tonne) White Close
        72 words
      • Article
        Lock icon CHICAGO BOT
        90 22 Jim 11\ SOYBEANS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low Jul 09 1267.*****6.*****1.*****8.25 Aug 09 1185.*****5.*****5.*****7.00 Sep 09 1124.*****2.*****5.*****3.00 Nov 09 1089.*****9.*****9.*****6.25 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low Jul 09 38.20 38.61 39.02 38.04 AugO9 38.36 38.76 39.16 38.21 SepO9 38.54 38.92 39.29 38.39 Oct09
        90 words
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        Lock icon OIL
        75 22 Jim 11\ CRUDE USS/barrel (FOB origin) Close Change Brent blend (1-Mth F) WTI (Near Mth) Dubai (1-Mth F) Tapis blend Minas 72.46 1.27 72.70 1.60 70.80 0.65 75.65 0.60 74.00 0.60 PRODUCT USS/barrel (FOB Spore) Close Change Naphtha Jet Kerosene 64.67 0.77 78.70 0.85 USS/barrel Opec Oil Basket Price
        75 words
      • Article
        Lock icon METALS
        72 22 Junld GOLD (US$/oz) Jun 12 Jun 11 Hong Kong 949.00 853.30 950.00 854.30 Jun 11 Jun 10 London 953.30 949.55 954.10 950.35 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 22.46 22.23 Source: UOB PLATINUM Lon (US$/oz) Jun 11 Close Previous PM Fix 1262.00 unav AM Fix 1267.*****0.00
        72 words
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        Lock icon PALM OIL
        64 22 Jun 12\ KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Low Voi Done Open Position Hh Jun 09 2482 Jul 09 2493 Aug 09 2501 Sep 09 2505 Total o/p: ***** contracts 2479 2501 2450 2478 2501 2450 2465 2501 2445 2450 2505 2445
        64 words
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        Lock icon LONDON METALS
        68 22 Junin Uuminium, 99.7% mrity (US$/tonne) Close Previous lash months 1665.90 1694.00 1616.50 1645.00 ropper, Grade A :us$; "onne) lash J months 5354.00 5376.00 5147.25 5170.00 ■ead (US$; "onne) lash months 1796.00 1820.00 1729.75 1754.00 lickel ;us$/tonne; Close Previous :ash months •in (US$/tonne; *****.00 *****.00 *****.01 *****.01 :ash 1
        68 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Don't scrap face-to-face meetings
      970 23  -  Richard Arvey Firms that do, on cost considerations, will find that the price in the long run outweighs any short-term savings By I'D LIKE to ask you to humour me for a moment and imagine a world where time travel is possible. In this time travelling
      HILTON HOTELS CORPORATION  -  970 words
    • Article
      Lock icon Why Are Women Unhappy? Who Knows?
      842 23  -  Meghan Daum By WOMEN, it seems, are bummed out these days. A study released last month from the National Bureau of Economic Research and the University of Pennsylvania showed that even though men's and women's happiness levels have declined over the past few decades,
      842 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon In crisis, do the right thing
        1068 24  -  Christopher Tan Taking correct decisions in a situation like today's is the true test for investors, especially advisers By T 7.15 am on Aug 7, 1974, a young Frenchman named Philippe Petit m steeped out on a wire illegally rigged New York's Towers (World
        AFP  -  1,068 words
      • Article
        Lock icon BROKERS' TAKE
        762 24  -  Conrad Tan Singapore property Citi Investment Research June 11 WHILE there has been strong genuine home demand in the resale market from HDB upgraders and buyers who are currently renting apartments, new sales in the upper mid-segment appear more speculative. Demand is patchy: lower-priced and smaller units are
        762 words
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        Lock icon Start-ups rekindle Asia hedge-fund industry
        888 25 Bloomberg As many as 32 hedge funds, some started by former Lehman and GIG traders, offer strategies beyond equities FORMER Lehman Brothers Holdings Inc and Government of Singapore Investment Corp (GIC) traders are among an estimated 32 hedge-fund start-ups in Asia that are offering strategies
        Bloomberg; AP  -  888 words
      • Article, Illustration
        Lock icon Learning from long experience
        1386 26  -  Teh Hooi Ling SHOW ME THE MONEY In the market since 1966, Trader Vie shares his expert views about market moves over the past several decades hooiling@sph.com.sg Senior correspondent pounded annual return has been only 2.1 per cent. Here's another reason why fundamental analysis doesn't help
        :EAM  -  1,386 words
    • WEALTH REAL ESTATE
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        Lock icon Demand rising for homes in 3 Asian cities
        616 29 Reuters But Singapore, HK and Tokyo office markets will continue to to be depressed Hong Kong EMAND for residential property is seen picking up in key Asian cities but economic recession will continue to depress the region's office markets, pushing Grade A
        Reuters; BLOOMBERG  -  616 words
      • Article
        Lock icon CBRE, JLL to advise Lloyds on properties
        312 29 Reuters London LLOYDS Banking Group has hired real estate brokers CB Richard Ellis (CBRE) and Jones Lang LaSalle (JLL) to review its property estate in a move that could spark a welter of balance-sheet boosting sales. Lloyds, which on Tuesday said it would
        Reuters  -  312 words
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      61 27 J CATEGORY 1 I I -jys Bl l^y^^ H IrtyKlß I HOLIDAYS I DJ V^M^k* Mil MX 1 ■L. I _^J yiggfet^j I Iwi 7 rWMwim I »l WlmSSa ii l/w/:J i a iUijiiKj --i^^Ss, UrA? I w^m\ b^ pteJ I i" I\^ I --.^^^^^t^^^^^^v^fl _-_-*J---r- i^^P^f ?t >2<S __r
      61 words
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      706 28 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (S$'000) (Ss) STREET NAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 1 NON-LANDED NON-LANDED D'gallery Apt 26/05/2009 FH 818 605 740 TheSail@Marinaßay Apt 25/05/2009 99 1076 1453 1350 District 15 TheSail@Marinaßay
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  • Page 30 Miscellaneous
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  • BT Living
    • DINING
      • Article, Illustration
        Lock icon Food central
        1080 31  -  By Audrey Phoon Singapore entrepreneurs are stepping on e-platforms to dish out global food ventures which hold as much business potential as they do delicious content. FOOD. If ever there was a tangible universal language, that would be it. From Henry Fielding's 18th-century ode to roast beef, to
        1,080 words
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        Lock icon Search and discovery
        367 31 Foodbuzz www.foodbuzz.com THIS US-based website labels itself a "social network for foodies with search and discovery for everyone". What that translates to is food reviews from more than 800 cities around the world along with recipes, information on food brands that it has partnered with, and a
        367 words
      • Article, Illustration
        Lock icon Fishing for compliments
        1535 32  -  Jaime Ec Audrey Phoon It's freshness guaranteed at a couple of new establishments with a strong emphasis on seafood Zento Asian Global Cuisine Sushi Bar TBB Dempsey Road S 6474-0378 SUSHI bars in Singapore tend to have pretty straightforward origins: the chef comes from Japan and sets
        NAUTILUS PHOTOS BY STEPHEN GOODENOUGH  -  1,535 words
    • ENTERTAINING
      • Article, Illustration
        Lock icon Wok this way
        949 33  -  Audrey Phoon 'I like wok-frying best because if s fast and you get the qi of the wok if s good for the nose when cooking and eating!' Chan Kwok guest chef A Cantonese kitchen may not utilise as many technical machines as a Western one, but
        ARTHUR LEE  -  949 words
    • SHOPPING
      • Article, Illustration
        Lock icon If you seek a toy
        560 34  -  Amanda de Guzman Mr and Mrs Smith and Rondavous have gone to great lengths to keep the erotica shopping experience discreet and comfortable. By I^^^" ESTLED in the plum area of of Upper Bukit Timah, Mr and Mrs Smith's new second floor addition seems like
        JOSEPH NAIR  -  560 words
      • Article, Illustration
        Lock icon Taking things a step further
        564 34 SEX toys are part of Rhonda Wong's family legacy. Her father, a trader of agar wood, started House of Condom, the first-ever sex shop in Singapore, so it seems only natural that his daughter would take it one luxurious step further. Prominently displayed in Rondavous,
        564 words
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        Lock icon With men in mine.
        846 35  -  Melissa Lwee It may well be true that in these uncertain times, you need all the luck you can get. As it is, if you're planning to celebrate Father's Day next week, it won't hurt to get him something that could boost his fortune level. Check
        846 words
    • HOME & GARDEN
      • Article, Illustration
        Lock icon The world in miniature
        1010 36  -  Geoffrey Eu personal space Global citizens Michael Voigtmann and Malissa Desmazieres have turned their black-and-white home in multicultural Singapore into an artistic reflection of their panoramic world view. By HERE'S more than a W hint of the global citi- zen in the story of Michael Voigtmann
        YEN MENG JIIN  -  1,010 words
    • TRAVEL
      • Article, Illustration
        Lock icon Celebrity hangout
        977 37 Bloomberg Dali kept a flock of sheep in its rooms, Ginger Rogers danced in its hallways and the Shah of Iran was deposed during his stay there. At Paris's Le Meurice hotel, the guests are illustrious, and the ghosts are everywhere IT seemed to be a routine Fran-co-American
        " Bloomberg; BLOOMBERG  -  977 words
    • WEEKEND WITH
      • Article, Illustration
        Lock icon The man on the move
        676 38  -  Geoffrey Eu Arthur Tay channels his love for the outdoors and sports into a manifesto for modern living. By THE phrase "active urban lifestyle" hardly begins to describe Arthur Tay, the quintessential man on the move who in recent years has not only channelled his
        YEN MENG JIIN  -  676 words
    • GADGETS
      • Article, Illustration
        Lock icon Battling Apple's new iPhone
        838 39  -  Christopher Lim Nokia Sony Ericsson pre-empted the launch of 3GS with their best offerings yet. By ANYONE in the market for a mobile phone is probably considering the swanky new iPhone 3G S that Apple announced on Monday. But while you are waiting for Sing Tel
        838 words
    • HEALTH
      • Article, Illustration
        Lock icon Getting the Red Carpet treatment
        657 40  -  Cheah Ui-Hoon Marketer Peter Seow has started a medical privilege programme for members only. By A YEAR ago, Peter Scow's 78-year-old father starting needing to go for more doctor's appointments to keep track of his high blood pressure, diabetes, joints and so on. Mr Scow
        657 words
      • Article
        Lock icon Poultry is No 1 source of food poisoning in US
        577 40 NYT New York FEELING sick? If so, the cause might have been bad chicken. Poultry was the most commonly identified source of food poisoning in the United States in 2006, followed by leafy vegetables and fruits and nuts, according to
        NYT  -  577 words
    • SPORT
      • Article, Illustration
        Lock icon For want of a mid-size stadium
        599 41  -  Lee U-Wen no holds barred leeuwen@sph.com.sg Correspondent FOR years, the great majority of major sporting events in Singapore have been held at the 55,000-seat National Stadium at Kallang. From world-class football matches to the South-east Asian Games, the Grand Old Lady has seen and
        FILE PHOTO  -  599 words
    • GOLF
      • Article, Illustration
        Lock icon Stage is set
        1044 42  -  Justine Moss The question on everyone's mind is whether 2009 US Open can match the excitement of last year's event. .1 dl IT'S been a year since world number one Tiger Woods hobbled his way around 91 holes of regulation and play-off golf to win the 2008
        AFP; REUTERS  -  1,044 words
    • MOTORING
      • Article, Illustration
        Lock icon A new voyage
        375 43  -  Samuel Ec The big MPV is still enjoying much popularity but more are zeroing in on the basic version. By THE big MPV is still popular despite the downturn, although more seem to be zeroing on the basic versions. At Kah Motor, for example, the authorised Honda
        375 words
      • Article, Illustration
        Lock icon Old but elegant
        496 43  -  Geoffrey Eu Concorso cfEleganza Villa cfEste is an exclusive showcase of some the best vintage cars that even non-car lovers will appreciate By By THE winner was a stunning 70-year-old Italian (she didn't look a day over 65) with a beautifully preserved body and curves in all
        GEOFFREY EU  -  496 words
      • Article, Illustration
        Lock icon Lure of the hybrid
        577 44  -  Samuel Ec Like its predecessor, Lexus' new petrol-electric SUV offers stonking torque under its hood. E2 THE large SUV hasn't become passe yet, but it has certainly made a few prospective buyers think twice about getting one during these times. Unless of course it happens to
        577 words
      • Article, Illustration
        Lock icon Auto shop star
        754 45  -  Samuel Ec driving style Learning to play the game of differentiation has made the difference for Pee Yap Aik. By By PEE Yap Aik has been in the Singapore auto workshop business for two decades but he says the most important lesson was taught to him in
        JOS^gH NAIR  -  754 words
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      70 32 E»jl|n "Chef of the Year" hm!s2 Venezuelan Academy of Gastronomy Laurent Cantineaux Caracas, Venezuela 22-27 June me Culinary Maestro Series 2009 Experience the innovative cuisine of French and Caribbean flavours created by Chef Laurent Cantineaux. From $65++ for lunch $165++ for dinner Culinary Master Class on Saturday 27 June Citibank
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      83 38 men expert ■JRBQ BOOSTER! ■TC^RECtVERVMOISTLRt^H TURBO BOOSTER 1^ I Refreshes and Energises tired-looking skin Mwi-n-Tr^ Non-greasy and ultra cooling fluid lAJUKII Hy&aETurbo $O7 *****1 M UUU Ml Booster worth I X Simply be the first 100 to SMS In to: 8186-5560 I 4- BT2 space Name space E-mail Address -mm
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      Lock icon Page 41 Advertisements Column 1
      835 41 Wine^ Cline with BTWeekend Pine Court Chinese Restaurant to take the region by storm. Andre regales spread of over 30 soup, dim sum, porridge diners. For reservations, please call Level 35, Orchard Wing diners with a scintillating expose of Southern and desserts all served to your table, for a 6826-8240
      835 words
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