The Business Times, 19 August 2009

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Microfilm: NL30119
Total Pages: 28
1 28 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 S|sl A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, August 19,2009
    20 words
  • Article, Illustration
    Lock icon No timetable to name new Temasek CEO
    905 1  -  LEE U-WEN There was no 'golden handshake' for Goodyear; Tharman also explains stand on potentially appointing a foreigner as Temasek's boss By I [SINGAPORE] There is no deadline for Temasek Holdings to appoint a new chief executive officer. And there was no "push
    BLOOMBERG FILE PHOTO  -  905 words
  • Article
    Lock icon Calls to reset code on corporate governance
    685 1  -  EMILYN YAP Concepts of IDs, pay disclosure need to be revisited: experts By [SINGAPORE] It takes just a quarter for earnings to be out of date, and two years for a financial crisis to knock mega-firms out cold. With four years gone since
    685 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      41 1 1COMP 1,164.41 -4.64 IIKKEI225 10,284.96 +16.35 1ANG SENG 20,306.27 +168.62 ;et index 640.25 +8.20 JAKARTA COM P 2,336.98 -49.87 IANILACOMP 2,731.55 -39.63 ;eoulcomp 1,550.24 +3.18 ;henzhen b 491.38 +6.10 IUMBAI IND 15,035.26 +250.34 12 noon EDT Cham )OW 9,205.77 +70.43
      41 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.760 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.51 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      44 1 IS$ (S$ per US$) 1.450 (US$/S$ ier£) 1.640 2.378 ;URO (US$/S$/E) 1.412 2.048 Foreign currency per US$ S$ 'EN 95.10 65.60 3.537 2.439 IK$ 7.751 5.345 !AHT 34.05 23.48 lUPIAH 9,988 6,888 lENMINBI 6.834 4.713 INDIAN RUPEE 48.76 33.63 1.212 0.836 1.490 1.028
      44 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      61 1 ii M; TRANSPORT HUB RISK APPETITE fe^^ft,^ READER'S DIGEST ROUNDTABLE j^lj Missing ship found Asian investors exiting J^^ipStlw Filing for bankruptcy Is China's economy V but questions remain safe haven funds S^&fiMrU 1 Protection overheating? PAGE 17 PAGE 4 sK s^F^lfe PAGE 2 PAGE 12 i New ways to allocate
      61 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Stanchart is first bank to open at ION Orchard
      534 2  -  RACHEL SIM OCBC Bank also eyeing possibility of a branch at the latest mall in town By [SINGAPORE] lON Orchard is the swankiest mall in Orchard Road, and after the well-heeled shoppers, the banks aren't far behind. Standard Chartered Bank has
      534 words
    • Article
      Lock icon New home construction down 1% in July
      453 2 -AP LATEST US DATA [WASHINGTON] Construction of new US homes dipped slightly last month, missing expectations, in a sign that the building industry's recovery from the housing bust is likely to be bumpy and gradual. The Commerce Department said yesterday that construction started
      -AP  -  453 words
    • Article
      Lock icon News Corp to split Asian broadcaster Star into three
      452 2 AFP, Bloomberg Job cuts likely at HK HQ; India unit to anchor market value [LONDON] Rupert Murdoch's global News Corporation yesterday announced restructuring plans for its Asian broadcasting unit Star, splitting it into three. Quoting a Star spokeswoman, Dow Jones Newswires
      – AFP, Bloomberg  -  452 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon No timetable to name new Temasek CEO
        55 2 THERE is no deadline for Temasek Holdings to appoint a new chief executive officer. And there was no "push factor" in place for its chief Ho Ching to step down or in the way the organisation was run, said Finance Minister Tharman Shanmugaratnam
        55 words
      • Article
        Lock icon Calls to reset governance code
        117 2 IT takes just a quarter for earnings to be out of date, and two years for a financial crisis to knock mega-firms out cold. With four years gone since the Code of Corporate Governance was last reviewed, market watchers are calling for a relook at
        117 words
      • Article
        Lock icon Stanchart first bank to open at ION
        62 2 lON Orchard is the swankiest mall in Orchard Road, and after the well-heeled shoppers, the banks aren't far behind. Standard Chartered Bank has become the first bank to open a branch there, expanding its local network to 18 branches. OCBC Bank is holding
        62 words
      • Article
        Lock icon Tender awards: Price not the only factor
        76 2 GOVERNMENT agencies do not award tenders based on price alone. Many other criteria such as the vendors' quality and financial health are also considered. Giving Parliament an insight into how the government goes about the tender process to procure goods and services, Second
        76 words
      • Article
        Lock icon Asian investors exit safe haven funds
        56 2 ASIAN investors are exiting safe haven funds as risk appetite grows. With the massive redemptions in the second quarter, net inflows into funds across Asia slipped to just under US$3 billion, down nearly 90 per cent from US$26 billion three months ago, data from
        56 words
      • Article
        Lock icon CapitaLand allots $1b to 3 units
        56 2 PROPERTY giant Capita Land has deployed about $1 billion from its $1.8 billion rights issue earlier this year to grow its China, Vietnam and Ascott businesses. The money will be used to increase the respective capital base of these three wholly owned businesses of
        56 words
      • Article
        Lock icon SATS plans centre for perishables
        63 2 SINGAPORE Airport Terminal Services yesterday announced plans for a $12 million on-airport facility to handle perishables cargo such as live seafood, Pharmaceuticals, flowers and fresh produce. The Coolport Changi centre, which will start operating in the first quarter of 2010, will comprise three multi-tier zones
        63 words
      • Article
        Lock icon Govt to set up legal education institute
        66 2 AN Institute of Legal Education will be set up next year to coordinate, administer and oversee initiatives on legal education, including continuing education for existing lawyers. The establishment of the ILE is part of a series of changes that will come into effect
        66 words
      • Article
        Lock icon Proposal to take over Plus Expressways
        65 2 A PROPOSAL to take over Plus Expressways from the state by former executives of the listed highway concessionaire has been submitted to the country's powerful Economic Planning Unit which oversees privatisations. According to executives familiar with the matter, the senior executives include Ibrahim Bidin
        65 words
    • Article, Illustration
      Lock icon Reader's Digest to file for Chapter 11
      706 2 -NYT Move won't result in layoffs or closure of any of its titles: CFO [NEW YORK] The Reader's Digest Association announced on Monday that it would file for prearranged Chapter 11 bankruptcy protection for its US businesses within 30 days. As part of
      -NYT; AFP  -  706 words
    • Article, Illustration
      Lock icon Price not the only factor in awarding tenders: Hwee Hua
      437 3  -  LEE U-WEN Other criteria include track record, quality of goods services, and financial health By [SINGAPORE] Government agencies do not award tenders based on price alone. Many other criteria such as the vendors' quality and financial health are also considered.
      FILE PHOTO  -  437 words
    • Article
      Lock icon Genting board tops survey of Malaysian directors' pay
      649 3 Bernama It was paid almost RMB2m in 2008, according to report [KUALA LUMPUR] Genting Bhd topped the list in the highest-paid directors survey, with a big payout of RM81.98 million (5533.6 million) to its board last year. According to Malaysian Business, the
      Bernama  -  649 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      104 3 < excellence^>^f excellence- \-S excellence* Best Global Best Global Debt Transaction Banking Best Global Bank House House excellence--.^/ j?^ 41 I V^fl EURCWEEKASIA AWARDS Structured Interest Rate Products Best at Risk Best Bank in Best Overall Management Executing Loan Provider for Local in Asia Deals in Asia Currency Products AAA
      104 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Asian investors move away from safe funds
      500 4  -  JAMIE LEE Attention has turned to direct stock, bond investment, says Lipper report By ASIAN investors are exiting safe haven funds as risk appetite grows. With the massive redemptions in the second quarter, net inflows into funds across Asia slipped to just under
      FILE PHOTO  -  500 words
    • Article
      Lock icon Don't shortchange minority shareholders
      703 4  -  JAMIE LEE IN ONE of the most heart-wrenching passages in English literature, young Oliver Twist who was "desperate with hunger, and reckless with misery" finished his serving of gruel and made the famous request: "Please sir, may I have some more?" That, as the narration continued,
      703 words
    • Article, Illustration
      Lock icon CapitaLand allots $1b to Ascott, China, Viet arms
      561 5  -  KALPANA RASHIWALA Group expects to reduce cash levels from $2.8b to $1-2b over 6-12 months By PROPERTY giant CapitaLand has deployed about $1 billion from its $1.8 billion rights issue earlier this year to grow its China, Vietnam and Ascott businesses. The
      FILE PHOTO  -  561 words
    • Article, Illustration
      Lock icon SATS plans airport centre for perishables
      380 7  -  NISHA RAMCHANDANI Coolport Changi facility costs $12m; will start operations in Q1 next year By SINGAPORE Airport Terminal Services (SATS) yesterday announced plans for a $12 million on-airport facility to handle perishable cargo such as live seafood, Pharmaceuticals, flowers and fresh produce. The Coolport
      380 words
    • Article
      Lock icon Bharti close to raising MTN funds: report
      262 7 Reuters [NEW DELHI] India's Bharti Airtel has received bids from more than a dozen foreign banks, including Citi and JPMorgan, to fund its proposed stake buy in South Africa's MTN, the Economic Times reported yesterday, raising hopes for a deal. Citing unnamed bankers,
      Reuters  -  262 words
    • Article
      Lock icon Norway bank expands Asian equities team
      385 7  -  VINCENT WEE One aim is to bring Norway firms to market in Singapore By SHIPPING-focused Norwegian bank Dnß NOR aims to take advantage of the recent dual listing tie-up between the Singapore Exchange and Norway's Oslo Bors to expand its Asian energy, offshore and
      385 words
    • Article
      Lock icon Yongnam, Lian Beng net multi-million dollar jobs
      421 7 TWO building companies, Yongnam Holdings Ltd and Lian Beng Group, yesterday announced multi-mil-lion dollar contracts, further boosting their order books. Amid revived interest in the private residential property sector, construction group Lian Beng clinched a $101 million contract for the construction of Waterfront
      421 words
    • COMPANY BRIEFS
      • Article
        Lock icon MDR top men quit
        37 7 MDR Ltd CEO Tong Choo Cherng and chief financial officer Low Hwee Chiak resigned yesterday due to "personal reasons". Chairman Philip Eng was appointed interim CEO while Doris Wee became chief financial officer.
        37 words
      • Article
        Lock icon AusGroup profit rises 52%
        54 7 AUSGROUP net profit has risen 52 per cent to A 521.9 million (5526.1 million) for the year ended June 30, 2009 from a year ago. Revenue was up 26 per cent at A 5478.2 million due to greater activity in the Australian construction segment. Impairment expenses
        54 words
      • Article
        Lock icon See Hup Seng fined $80,000 for staff death
        34 7 SEE Hup Seng has been fined $80,000 in connection with the death of an employee of its unit SHS System Pte Ltd in a work-related accident.
        34 words
      • Article
        Lock icon Sinomem to invest 70m yuan in Jilin plant
        40 7 SINOMEM Technology will invest about 70 million yuan (5514.9 million) in a wastewater treatment project in Jilin Province, China. Construction is expected to be completed in the first quarter of next year.
        40 words
      • Article
        Lock icon Straits Asia shares at highest in 11 months
        42 7 STRAITS Asia Resources Ltd shares rose to their highest in 11 months after the company said that it would increase output at its Indonesian mine. The counter closed 8.2 per cent higher at $2.25.
        42 words
      • Article
        Lock icon Latitude Tree IPO fully taken up
        40 7 LATITUDE Tree International Group Ltd, a maker of wooden home furniture, said that its initial public offering of 36 million shares has been fully taken up. The shares are expected to start trading today.
        40 words
    • Article, Illustration
      Lock icon Frasers to manage first New Delhi property in Oct 2010
      376 7 FRASERS Hospitality will manage its first Fraser Suites property in India's capital, New Delhi. The hospitality arm of Frasers Centrepoint, which is a wholly owned subsidiary of Fraser and Neave, signed a contract yesterday to manage the nine-storey, 90-unit Fraser
      376 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      274 4 SINGAPORE'S ESSfI IT CONSUMER TECHNOLOGY EXHIBITION www.comexshow.com.sg 111 ■•MEWfllE&l SINGAPORE'S BIGGEST IT EXHIBITION OF THE YEAR! STAND TO WIN IST PRIZE OF $20,000 CASH AND OTHER CASH PRIZES! (ONE COUPON TOR EVERY 100 PAID OR DEPOSIT PLACED DURING THE 4 DAYS) 5 820 345,000 Showfloors with 4 metres Leading Manufacturers
      274 words
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      Lock icon Page 4 Advertisements Column 2
      669 4 LATITUDE TREE INTERNATIONAL GROUP LTD. (Company Registration No.: *****8683N) (Incorporated in the Republic of Singapore on 8 October 2007) Placement in respect of 36,000,000 Placement Shares at 550.22 for each Placement Share, payable in full on application The Board of Directors of Latitude Tree International Group Ltd. (the "Company") is
      669 words
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      Lock icon Page 5 Advertisements Column 1
      274 5 Europe Europe Asia Patent and Patent Information Conference ■f r atClll 10-11 September 2009 Information Nanyang Technological University r Centre for Continuing Education NTU@one-north campus. Executive Centre The Europe Asia Patent and Patent Information Conference (EAP'IC) 2009 is jointly organised by the European Patent Office (EPO), World Intellectual Property Organization
      274 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI rises 0.9% in volatile trading
      614 6  -  CONRAD TAN STOCKS There is no clear indication of the likely direction for the market for the rest of the week STOCKS here regained some ground in volatile trading yesterday after Monday's bruising losses, though there was no clear indication of the likely direction
      Bloomberg  -  614 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 5 2 0 0 0 8 5 2 lanufacturing 78 50 59 10 85 57 69 Commerce 25 18 27 29 20 31 'pt/Stor/Comms 23 24 10 :inance 13 13 10 Construction 17 18 'roperties
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 24,082 24,082 75,016 75,016 lanufacturing 503,177 53,669 556,846 279,885 4,967 284,852 lommerce 172,537 18,412 190,949 76,009 9,352 85,361 'pt/Stor/Comms 159,226 2,355 161,581 206,167 519 206,686 :i nance 29,573 10 29,583 221,851 221,851 lonstruction 123,184 5,006 128,190 46,776 150 46,926
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      105 6 lapitaLand 3.630 +0.070 lapitaMall 1.500 +0.040 jtyDev 9.690 -0.040 lomfortDelGrc 1.540 -0.020 losco Corp 1.220 +0.020 IBS Grp 12.680 +0.080 :&N 3.930 +0.030 ienting SP 0.895 +0.030 iolden Agri 0.480 +0.015 IK Land 3.810 -0.050 IMH 29.000 -0.400 ISH 16.300 -0.100 lardineC&C 22.440 -0.020 Ceppel Corp
      105 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      935 6  -  CONRAD TAN Property sector CIMB-GK RESEARCH, Aug 18 URA released the new private home sales data for July 2009 on Monday. The sector saw 2,767 new private homes sold in the month, the highest since the data was collated in 1996. Year-to-date, 10,117 units were sold, more than
      bloomberg  -  935 words
    • Article, Illustration
      Lock icon Euro gains but sentiment remains fragile
      470 6 Reuters CURRENCIES [NEW YORK] The euro rose yesterday, recovering from multi-week lows against the dollar and yen, after an unexpected gain in German investor sentiment boosted optimism about the euro zone economy. Its gains were limited, though, as unexpectedly weak US housing and inflation
      – Reuters; I BLOOMBERG  -  470 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      59 6 Aug 18 CLOSE VALUE IT OB/OS -238.00 -52.C IT CADI -*****.00+127. IT 10-day MA -*****.00 -24. TSE ST Mid Cap 583.98 +8.3 TSE ST Small Cap 511.83 +9.5 TSE ST All Share 629.53 +6.2 TSE ST China Top 269.56 +3.9' TSE ST China 266.31 +4.1 TSE ST
      59 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Golden Agri 160,568,000 Gentinq SP 122,592,000 MAP Tech 75,551,000 Abterra 63,172,000 Straits Asia 45,355,000 Sinotel Tech 43,650,000 Ho Bee 39,206,000 FrasersComm 38,866,000 Equation 34,577,000 PEC 34,576,000 VALUE(S) Gentinq SP 108,436,825 Straits Asia 101,838,510 Capita Land 100,655,512 DBS Grp 93,739,560 Golden Agri 74,764,970 Sing Tel 54,667,910 Keppel
      60 words
    • Article
      Lock icon RISES
      98 6 CLOSE UP 566 136.2 19.9 'hai Prime Fd ;ia 1264 28.0 2. ilA 200 1260 22.0 1.: IOB 1654 22.0 1. ;gx 846 19.0 2. itraitsAsia 225 17.0 8., Korea 10US$ 350 15.9 3., ISMSCI India 100 559 14.5 1.: ICBC Bk 777 14.0 1.: ;traitsAsMBLeCW***** 53 13.0 32.
      98 words
    • Article
      Lock icon FALLS
      111 6 CLOSE DOWN 9078-310.2 -2.3 iBXT Ni 10US$ iBXT MSKorea 10US$ 3942-226.1 -3.8 imei lav 1000-200.0 -16.7 iBXT FTVietnam 10US$ 5031-163.8 -2.2 iBXT MSTaiwan 10US$ 1351 -89.9 -4.4 iBXT FTChina25 10US$ 2804 -60.9 -1.5 IMH 2900 -58.0 -1.4 lain 650 -29.0 -3.i IOB 5.05%NCPS 100 ***** -22.0 -0.2 MS India
      111 words
    • Article
      Lock icon CURRENCIES
      79 6 Vhere S$ stands Aug18 %CHNG CLOSE FRAug17 YR2009 S$ LOW S$ HIGH ISS 1.4511 -0.45 1.5579 1.4308 iuro 2.0420 0.35 2.0732 1.9150 'ounds 2.3702 0.58 2.4366 2.0356 1.1908 0.63 1.2171 0.9453 ren* 1.5359 -0.76 1.7278 1.4831 liah* 0.***** -0.05 0.***** 0.***** !aht* 4.2604 -0.30 4.3390 4.1040 •eso* 2.9950 0.59
      79 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      192 7 v _m. i Jointly brought to you 4r*mP*^L RALLY REACTION by The Business Times and W^wlt'l®^? Unlike other National Day Rally since Singapore was Mr Lee illustrated many times It speeches, when the people expect self-governing and this timely how our progress could be tfa -W^ goodies and incentives to
      192 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Govt to set up legal education institute
      490 8  -  CHEN HUIFEN YESTERDAY IN PARLIAMENT This is part of the changes under amended legal profession act By AN Institute of Legal Education (ILE) will be set up next year to coordinate, administer and oversee initiatives on legal education, including continuing education for existing
      490 words
    • Article
      Lock icon Private bank clients high on cash: SocGen
      328 8 Reuters SOCIETE Generale's (SocGen) head of private banking for Singapore and South Asia said clients were still showing little risk appetite, with cash making up around a third of their portfolios. Pierre Baer said the bank had seen new clients this year from
      Reuters  -  328 words
    • Article, Illustration
      Lock icon Spending at this year's GSS holds steady: MasterCard
      274 8  -  UMA SHANKARI By SPENDING by local and visiting MasterCard holders held steady at this year's Great Singapore Sale (GSS). Total spending over the two-month period from May 29 to July 26 was U*****.7 million, down 0.5 per cent from US$7Ol.l million during
      FILE PHOTO  -  274 words
    • Article, Illustration
      Lock icon Redas names Steven Choo as new CEO
      292 8  -  UMA SHANKARI By THE Real Estate Developers' Association of Singapore (Redas) has appointed Steven Choo its chief executive. He takes over from executive director Chia Hock Jin, who has retired. The chief executive's position is a new post. Dr Choo has local and
      FILE PHOTO  -  292 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      23 8 t> LAYi Always play with care. Towards Community W^ Responsibly Do not bet illegally. Purpose and Benefit P"J RCBRegNo:I96BOO2O2G I ™fcj^ I BMW
      23 words
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      Lock icon Page 8 Advertisements Column 2
      360 8 W^CT B6AIS g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF HISTORIC PROPERTIES PTE LTD (Company Registration No: 2007-*****-E) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 81 Club Street 02-00, Singapore *****9 on
      360 words
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      Lock icon Page 8 Advertisements Column 3
      91 8 1, Kenneth Alexander Murray, divorced, of No. 10 Walshe Road,#o4-08 Garden Ville, Singapore *****4, intend to marry Shi Shu Hua, divorced, of Room 1106, Unit 2, Building #16 Han Guo Cheng Sub-district, Zhenxing District, Dandong, Liaoning, China at the Registry of Marriage in Shenyang, China at Herr Ping District, Kwang
      91 words
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      40 8 LQ-Tfind the ones hn U H THAT FIT! r Recruit the right people 1 j I J through CATS Recruit. I =-T~^ fj Call 1800 289 8822 or email I V \^^\recruit@sph.com.sg iy fv J to advertise. P^*^ I_Q_T JT5f
      40 words
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  • ECONOMY WATCH
    • Article
      Lock icon Fed extends lending plan as banks tighten credit
      603 9 -AP Severity of recession continues to weigh on consumer, business lending [WASHINGTON] With banks limiting the availability of car, student and other consumer loans, the Federal Reserve said on Monday it would extend a programme intended to help spur more lending at
      -AP  -  603 words
    • Article, Illustration
      Lock icon German investor confidence up sharply in Aug
      406 9 -AP, Reuters Key monthly index rises to 56.1 pts from July's 39.5 pts [FRANKFURT] Investor confidence in Germany rose sharply in August as hopes grew that the largest European economy will recover faster than previously expected, a closely-watched survey showed yesterday. The ZEW
      -AP, Reuters; AFP  -  406 words
    • Article
      Lock icon US green technology venture funding picking up
      591 9 Reuters [SAN FRANCISCO] The US green technology sector, which suffered a drop in funding early this year, is seeing renewed interest with promising start-ups finding venture dollars and some companies looking to revive public offerings that had been set aside. Investment is seen
      – Reuters  -  591 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      232 9 central PRIME OFFICE SPACE FOR LEASE Above Clarke Quay MRT Station Panoramic views of the Singapore River and Marina Bay IR Unit sizes range from 646 sq ft to 13,337 sq ft Fully fitted offices available Immediate occupation For leasing enquiries, please call: ftOIRO4.II k *"3 Far East Organization W^OO^HOO
      232 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Proposal submitted to take over Plus Expressways
      483 10  -  S JAYASANKARAN it i i Privatisation plan by state-owned firm's former execs said to include toll-rate cut By, in Kuala Lumpur A PROPOSAL to take over Plus Expressways from the state by former executives of the listed highway concessionaire has been submitted for
      483 words
    • Article
      Lock icon Jakarta bombings have Al-Qaeda link: report
      323 10 Xinhua [JAKARTA] Indonesian police believe that funds that financed the July 17 bombings at Jakarta's JW Marriott and Ritz Carlton hotels came directly from the Middle East in June and were linked to the Al-Qaeda terrorist network, the Jakarta Globe reported here yesterday. Citing
      Xinhua  -  323 words
    • Article
      Lock icon M'sia vows to cut its budget deficit in 2010
      546 10 Reuters [PUTRAJAYA, Malaysia] Malaysia pledged on Tuesday to cut its budget deficit next year after years of poor fiscal control and a surge in spending in 2009 pushed it to its highest level in 22 years. However, Second Finance Minister Ahmad
      Reuters  -  546 words
  • Page 10 Advertisements
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      348 10 SINCERE WATCH LIMITED (Company's Registration No. *****0967 C) ANNOUNCEMENT The Board of Directors (the "Board") of Sincere Watch Limited (the "Company") wishes to announce that: (i) it has been advised that the majority shareholder of the Company is currently in discussions with an investor group (the "Investor Group") who are
      348 words
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      Lock icon Page 10 Advertisements Column 2
      569 10 wfc pore hWltßfflßf.fi Festival lMßrrnß^^^^M in the matter of .^u».w£EiL*~,.oi- THE COMPANIES ACT, OTMunCita ItuPn Johnjjvfc. CHAPTER 50 Mndm HihißunidH*]i Saitoh mntPlwlv AND Q i u »ii < ,Lon«. l n«iLi«iK..Tniiiwiiiu- IN THE MATTER OF MICROFAB INNOVATION PTE LTD JZOZ iSLn«iKSif ~Mi]aw«oo. r UN PROVISIONAL LIQUIDATION) ,aMsj)««,. B«jui>u Bununi.it Otis'
      569 words
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  • GREATER CHINA
    • Article
      Lock icon Everbright has China's weakest 2009 debut
      579 11 Bloomberg Brokerage rises 30% on its first day; gain 'satisfactory', its chairman says [BEIJING] Everbright Securities Co, the first Chinese brokerage to hold an initial public offering since 2002, rose 30 per cent on its debut, the smallest gain of any new stock in
      – Bloomberg  -  579 words
    • Article
      Lock icon Li fails in appeal against PCCW buyout block
      291 11 -AFP [HONG KONG] A court here yesterday rejected applications by Hong Kong tycoon Richard Li to overturn a court decision blocking his controversial US$2.l billion buyout bid for telecoms giant PCCW. PCCW chairman Li moved to appeal in May after a judge
      -AFP  -  291 words
    • Article
      Lock icon Five Chinese firms join Fortune's list
      152 11 -AFP [BEIJING] Five Chinese companies have made their way onto Fortune's list of the 100 fastestgrowing firms in the world, with two among the top 10, the magazine said yesterday. Sohu.com, a popular Chinese Internet portal, ranked third on the list, and China's biggest
      -AFP  -  152 words
    • Article
      Lock icon Hong Kong aims to be global tea hub
      303 11 Bloomberg [HONG KONG] Hong Kong, which became the world's third-biggest trading hub for wine a year after ending duties, said that it plans to replicate that success with tea. The Hong Kong Trade Development Council has been in talks with tea sellers
      Bloomberg  -  303 words
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      Lock icon Page 11 Advertisements Column 2
      503 11 WF^fc^l /i Ki\ %§,-jj|jte Hp i rr PS P il/ Hlltliwaite Attend an interactive half day executive tal"of"s*s leadership workshop with the Professor of ES Research* estates Consultative Selling. tl'antaiZns ore now Ne™ York TimeS beSt Sellin 9 author and creator °f SPIN Sellin 9' using a formal sales Neil
      503 words
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  • BT-NBS ROUNDTABLE
    • Article, Illustration
      Lock icon Is China's economy overheating?
      3226 12 OVERVIEW CHINA surprised by producing spectacular 7.9 per cent GDP growth in the second quarter. And its annualised GDP growth was an astonishing 16.5 per cent in Q2 compared with Ql. Meanwhile, a surge of fund flows has re-ig-nited fears of a new asset bubble forming
      3,226 words
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  • INDIA
    • Article, Illustration
      Lock icon Reliance unit takes 50% stake in DreamWorks
      328 13 -AP [LOS ANGELES] One of Hollywood's most famous directors, Steven Spielberg, has finally closed a deal to secure US$B25 million in funding from India's Reliance Big Entertainment, JPMorgan and The Walt Disney Co, his company said on Monday. The deal represents a huge
      -AP; REUTERS  -  328 words
    • Article
      Lock icon Reliance Comm in talks for Zain's Africa ops: sources
      509 13 neuters Move underscores drive by Indian telcos to gain foothold in Africa [NEW DELHI] India's Reliance Communications has started talks to buy Kuwaiti Zain's African operations, which media say are worth US$lO billion, two banking sources said. The move underscores a
      neuters  -  509 words
    • Article
      Lock icon India insurers seek policy reforms as funds dry
      749 13 -Reuters [NEW DELHI] India's fledgling life insurers, unable to go public and hamstrung by limits on stake sales, could be starved of capital unless rules are changed to make it easier for them to raise funding. The number of life insurers has
      -Reuters  -  749 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      79 13 Congratulations to LATITUDE TREE j Latitude Tree International Group Ltd. (Company Registration No.: *****8683N) (Incorporated in the Republic of Singapore on 8 October 2007) on your successful listing on SGX Catalist MV *jL pghj^i ':xv Wl' I mi——^S I He Br^^fc BBPB^S^~™ WB^^Bbb The Well Wishers: SEN HONG ENTERPRISE COMPANY
      79 words
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  • Page 14 Advertisements
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      86 14 a I EftS i SMSffIS Tiimlir 1^ i iff nU T» I —^y^,; -'^rMAJOR JTLOjDV^' CICMCMC KNOWLEDGE nDirHA/ATr-Dnrvinf/TY^ocDC m OFFICIAL 4flßk partners The world's local bank bIEMEIMb partner t^CBMTERHOUS^OOPERS i AIRLINE smGAPORE AIRLIPES associate —mMMM t^f Dpf* /J>* TEMASEK ■HFreeport-McMoßam j§ c partners ■Bfcr^^^^. W /^SM^ >^ HOLDINGS -tv-COPPER GOLD
      86 words
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  • ASIA-PACIFIC
    • Article
      Lock icon China, Australia set record with US$41b gas deal
      409 15 Reuters PetroChina will be biggest LNG buyer from project off Western Australia [PERTH] Australia and China struck their biggest trade deal ever yesterday as the world's two most valuable listed oil companies, Exxon Mobil and PetroChina, agreed on a US$4l billion liquefied
      Reuters  -  409 words
    • Article, Illustration
      Lock icon Former S Korean leaderKim Dae-jung dies
      696 15 Reuters, Bloomberg He was architect of 'Sunshine Policy' of engaging N Korea [SEOUL] Former South Korean President Kirn Dae-jung, who won the 2000 Nobel Peace Prize for his efforts to forge a reconciliation with the prickly communist North, died on Tuesday at the age
      Reuters, Bloomberg; REUTERS  -  696 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      136 15 LUAUKY ,4fl i i^^^ Wondering where the best deal is, to hold that all-important meeting with overseas delegates? Km From I August to 30 September 2009, book your group accommodation and a full day's meeting r '--P~\ package for just Ss22s++* per person. *Terms and conditions apply. MERITUS MANDARIN SINGAPORE
      136 words
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  • WORLD
    • Article, Illustration
      Lock icon SEC proposes short-selling floor be above best bid
      781 16 ■NYT It asks whether idea should cover all stocks or only after circuit breaker event [NEW YORK] After months of considering what to do about short-selling, the Securities and Exchange Commission has come up with a new idea that could make it
      ■NYT; AP  -  781 words
    • Article
      Lock icon 2007 a good year for the rich
      480 16 Bloomberg Wealthy Americans raise share of US income to 6.04% [WASHINGTON] The concentration of income among the highest-earning Americans increased in 2007 as the nation headed towards recession, an analysis of US tax data shows. The wealthiest 15,000 American households those making more
      – Bloomberg  -  480 words
    • Article, Illustration
      Lock icon GM ramps up US car plants production
      390 16 Bloomberg, AP [Southfield, MICHIGAN] General Motors, benefiting from the Obama administration's "cash for clunkers" programme, is boosting production at car plants in Ohio and Michigan, people familiar with the matter said. They expected the ramp-up, part of a broader increase, to be announced
      Bloomberg, AP; AFP  -  390 words
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      2671 16 V*^L k AT^T^T/^-T' r> Toll free: 1800-289-8822 l^kll Email: notices@sph.com.sg JL Vta>/ JL JL^^ 1' l 3 www.cats.com.sg AV^^^^— (b) Associates W m m HA A Regional Rural Banks sponsored by the Bank are as under [^■^A| ■■^■B 3 A Miff i) Jaipur Thar Gramin Bank iilKalinga Gramya Bank iiphar
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  • TransportHUB
    • Article
      Lock icon Hold the fire?
      875 17  -  DAVID HUGHES STRAIT TALK While govts, the shipping sector are against arming crews, seafarers are increasingly taking a different view By S HIPS' crew are civilians even though this statement may bring a wry smile to the faces of officers who did their initial training at certain
      875 words
    • Article
      Lock icon Traders call for electronic platform
      205 17 Bloomberg [LONDON] Shipping-derivative traders urged the Baltic Exchange Ltd, the world's largest shipping bourse, to create a single electronic platform to handle the contracts. The Freight Market Information Users' Group of traders said that almost 88 per cent of its members backed the move. The
      – Bloomberg  -  205 words
    • Article
      Lock icon More than 8,000 vessels stranded on east China river
      305 17 Xinhua [HUZHOU, China] Upwards of 8,000 cargo ships and boats are stranded on a river course connecting Zhejiang province to Shanghai. The bottleneck on the Changxing-Huzhou-Shang-hai river course, the worst in a decade, extends 40km. Zhou Shiquan, chief of the maritime
      – Xinhua  -  305 words
    • Article, Illustration
      Lock icon Missing ship, crew found off West Africa
      501 17 -AP Crew alive and taken aboard Russian navy frigate [MOSCOW] The high seas mystery surrounding the disappearance of the freighter Arctic Sea ended on Monday with the Russian navy's discovery of the ship off the coast of West Africa, far from the chilly
      -AP; REUTERS  -  501 words
    • Article
      Lock icon Grounded ship carrying gas oil freed
      203 17 Bloomberg [NEW YORK] A ship carrying 105,000 barrels of vacuum gas oil was freed on Monday after running aground late on Sunday in the Delaware River, the Coast Guard said. The Jill Jacob was travelling to Valero Energy Corp's Paulsboro refinery in New Jersey,
      – Bloomberg  -  203 words
    • Article
      Lock icon Poland fails to receive funds for 2 troubled shipyards
      263 17 Reuters [WARSAW] Poland failed to receive payment for its two troubled shipyards by a midnight Monday deadline, which could lead to the collapse of the sale and cost the country's privatisation chief his post. Prime Minister Donald Tusk warned last month
      – Reuters  -  263 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.51 0.27 1.22 0.63 1.51 0.58 0.05 0.45
        102 words
      • Article
        Lock icon KLSE
        39 17 '000 18 M$ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.05 8.81 8.80 3.13 3.06 0.02 0.09 -0.01 unch unch -0.04 0.16 unch 0.01 288 544 177 523 23 108 688
        39 words
      • Article
        Lock icon BANGKOK
        12 17 ■oo 'recious Ship Regional Cont .16.10 ...9.10 -0.10 unch 2599 1175
        12 words
      • Article
        Lock icon HONGKONG
        12 17 '000 lug. Doil iingamas Cont .41.00 ...1.35 -0.40 1609 0.04 *****
        12 words
      • Article
        Lock icon PHILIPPINES
        24 17 '000 IU£ 'eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop ...7.20 .19.25 .unch ..unch -0.10 unch unch unch 227 5576 0 0
        24 words
      • Article
        Lock icon TAIPEI
        22 17 Evergreen Marine ...21.00 :irst Steamship 39.00 /Van Hai Lines 17.45 t'ang Ming Marine...12.80 unch -0.90 -0.30 -0.30 12 2 2 10
        22 words
      • Article
        Lock icon TOKYO
        41 17 '000 'en (awasaki Hvy Ind ..254.00 (awasaki Kisen 385.00 Mitsubishi Hvy 372.00 Mitsui Eng&Sbldg...256.00 Mitsui Osk Lines 581.00 Mippon Express 388.00 MipponYusen 402.00 iource: Thomson Reuters 1.00 ***** 4.00 5174 -3.00 ***** unch 6286 -5.00 ***** -4.00 4323 -1.00 6383
        41 words
    • TRANSPORT HUB: AVIATION
      • Article
        Lock icon Decline in premium air travel easing: lata
        401 18 -Bloomberg But stabilisation of passenger numbers comes at expense of much lower yields [TOULOUSE, France] The decline in premium air travel reversed in June after carriers slashed prices to fill seats. First- and busi-ness-class traffic fell 21.3 per cent from year-ago levels, compared
        -Bloomberg  -  401 words
      • Article
        Lock icon Lockheed aerospace unit to cut 800 jobs
        185 18 -AFP [WASHINGTON] Lockheed Martin Space Systems Company, a division of US global security firm Lockheed Martin Corporation, said on Monday that it would cut about 800 jobs by year-end to improve its competitiveness. The company said that the payroll deductions represent about 4.5
        -AFP  -  185 words
      • Article, Illustration
        Lock icon US safety board changes key point in crash report
        550 18 ■AP [WASHINGTON] Federal safety officials investigating a midair collision over the Hudson River changed their account of the accident on a key point on Monday, saying an air tour helicopter struck by a small plane was not initially visible on radar
        ■AP |; REUTERS  -  550 words
      • Article
        Lock icon Small cities pay airlines to continue services
        695 18 -NYT They try various deals to keep link to outside world [NEW YORK] With airlines cutting back service in a weak economy, some cities that are too big to qualify for federal help but too small to keep the planes flying in stepped
        -NYT  -  695 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2712 18 AIRLINE CODES: AA American Airlines (AAL ance (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Ahts a Airline;. (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bang es (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
        2,712 words
    • TRANSPORT HUB: AVIATION/LAND
      • Article, Illustration
        Lock icon GM, Koenigsegg ink terms on Saab sale
        437 19 -Reuters Questions remain regarding financing; GM sees deal being closed by year-end [STOCKHOLM] General Motors (GM) said yesterday it had inked a conditional deal to sell Saab Automobile to luxury carmaker Koenigsegg, the first in a series of big deals the US group
        -Reuters; AFP  -  437 words
      • Article
        Lock icon Airport near Oxford takes on London name
        297 19 -AP [LONDON] An airport more than 100 kilometres from Britain's capital has been renamed London Oxford, leaving some scratching their heads. Officials at the airport near Oxford said the decision to re-brand it two weeks ago was made to raise awareness of its
        -AP  -  297 words
      • Article, Illustration
        Lock icon US collector cars auction makes US$14m
        577 19 Bloomberg But buyers pass up a racer estimated to fetch USslom [NEW YORK] More than 800 car collectors spent US$l4 million at an auction in California, snapping up Duesenberg and Mer-cedes-Benz models and passing up a 1939 Auto Union racer that was estimated to
        Bloomberg; BLOOMBERG  -  577 words
      • Article
        Lock icon British rail ticket prices to fall next year
        385 19 Reuters [LONDON] British rail fares will fall across the majority of routes next year following the latest inflation data, although the decrease will only slightly offset the huge hikes made early this year. Britain's Department for Transport (DfT) said yesterday that regulated
        – Reuters  -  385 words
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  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      274 18 CRYPTIC CROSSWORD ACROSS cut short (5) 2iT"^^] lish) (7) 25 Duck this on the donkey in game? (7) 5 Op is third-rate a terrible which celebrity is given na--26 Canon with a shape like Friar practitioner at the hospital tional award (6) Tuck? (5) (14) 24 Aim at Oxford? To
      274 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Keep the stimulus package effective
      479 20 FOR Singapore's business community, one of the highlights of Prime Minister Lee Hsien Loong's annual National Day Rally speech last Sunday was the revelation that the government's economic stimulus package, which has been in force since March, will be reviewed by the end of this
      479 words
    • Article, Illustration
      Lock icon Welcome complaints as useful gifts
      790 20  -  MARK NICHOLAS GRIEVES They are a rich source of information, illuminating an organisation's service performance By hen customers are dissatisfied with products and services, they can choose to do either of two things: voice it out or walk away. If they simply walk away, they
      FILE PHOTO  -  790 words
    • Article, Illustration
      Lock icon Beijing should narrow the scope of state secrets
      750 20  -  FRANK CHING THE BOTTOM LINE LAST month Beijing detained the head of Rio Tinto's multibillion dollar iron ore business in China, Stern Hu, an Australian citizen, as well as three Chinese employees. Three days later Australia's Foreign Minister Stephen Smith announced that
      750 words
    • Article, Illustration
      Lock icon Expect too much of Asean, and it'll fail
      1549 21  -  RAZEEN SALLY An EU-style common market is a pipe dream right now. For a start, rev up country-by-country autonomous liberalisation By HAT are we to make of the new-look Asean? With its brand-new Charter, its Asean Economic Community (AEC) blueprint and, indeed,
      FILE PHOTO  -  1,549 words
    • Article, Illustration
      Lock icon It's also time to fix rating agencies
      934 21  -  ALICE SCHROEDER Bloomberg By IT BOGGLES the mind that the rating companies are getting what amounts to a pass from the US Congress as it imposes wholesale repairs on other parts of our broken financial system. This is one of the places where
      Bloomberg  -  934 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8809 22 Transaction date: Aug 18 Hi! !-wks Tel Low Code Com| Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E Smil >an] 15.5 3 3148 8Telecom 8 2.5 5834 A-Sonic 28.5 12 5000 ABRHIdgs 12 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 84.5
      8,809 words
    • Article
      Lock icon SGX CATALIST
      1664 23 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E M Cap $mil Company 19 5 1181 s AAGrp 26 12 8538 t APStrategic 4 05 1501 s Advanced System 7.5 2 3480 t Adventus 23
      1,664 words
    • Article
      Lock icon SGX ETF
      413 23 52-Wk Tel h Low Code Last Sale Vol COOP) Day ill Low Last Quote Buyer Seller Div GrYld Cvr Net MCap P/E Slllll Hii Col Hii 110 100 6389 ABFSG Bond ETF 109 798 427 CIMBAsean40 1OOUS$ US715 274 149 DBS STI ETF 100 258 3903 3534 DBXT
      413 words
    • Article
      Lock icon CLOB INTERNATIONAL
      268 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      268 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9241 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.927/ AIGIF S'pore Bond Fund/A 1.302/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.02/ APS Alpha Fund (USD)!** 0.7/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5174/ APS Komaba Global
      9,241 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      381 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Aug 17 World Index Preliminary 747.2 -2.2 10.2 -2.2 13.4 -2.6 12.1 t EAFE Prel liminai 716.8 -2.1 10.4 -2.5 15.2 -3.0 14.3 Euroi Prelim
      381 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 24 As at 9am Aug 18 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1840 1.2190 .an dollar 1.3020 1.3180 Euro 2.0330 2.0570 NZ dollar 0.9630 0.9840 iterlini ind 2.3580 2.3851 US dollar 1.4410 1.4580 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      177 24 Auq 18 $S Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/8 ys$ 3/16 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.35 0.39 0.50 0.60 0.80 1 40 1.50 Offer 0.25
      177 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 24 Aug 18 ten Hii Sett STI Aw 2549 2559 2552 IIMSCI Am 302.1 307.6 306.8 "aiwan Aui 249.6 250.5 247.6 Source: MF Global (S) He. Ltd
      29 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 24 Auq 18 I SS Bid Offer 1-month 1.4496 1.4511 2-months 1.4498 1.4513 3-months 1.4499 1.4514 6-months 1.4501 1.4517 Source: OCBC
      23 words
    • Article
      Lock icon PALM OIL
      64 24 Aug 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Low Vol Open Done Position Sep 09 2401 2420 2428 2400 558 4625 Oct09 2379 2404 2412 2379 1830 ***** Nov09 2360 2375 2390 2355 8652 ***** Dec 09 2346 2367 2378 2345
      64 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      305 24 Aug 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.5550 99.3650 99.0850 98.6950 7869 1781 2980 3562 EUROYEN TIBOR FUTURES SepO9 99.465 99.465 DecO9 Mar10 Jun10 99.510 99.515 Sep10 Dec10 Mar11 Jun11 99.465 99.510 99.465 99.480 99.475 99.460 99.410 99.365 99.280 99.220
      305 words
    • Article
      Lock icon SICOM FUTURES
      181 24 Aug 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) 0/1 (lots) Sep 09 206.5 Oct 09 NOV09 Dec 09 204.0 Jan 10 Feb 10 203.0 204.0 206.5 204.5 204.5 204.0 204.0 204.0 106 20 64 344 799 840 1072 551
      181 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      85 24 Aug 18 Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****Z 19.11.09 1-Year BY*****W 03.05.10 0.27 0.35 0.24 0.22 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year
      85 words
    • Article
      Lock icon CHICAGO BOT
      101 24 Auq 17\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 09 988.00 1024.50 1025.50 977.00 Nov09 954.50 981.50 984.00 944.00 Jan 10 960.50 988.00 989.50 952.25 Mar10 962.50 988.75 988.50 955.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 09 35.87 37.18 37.20 35.50 Oct09
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Aug 17 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 69.35 -2.65 WTI (Near Mth) 66.71 -0.78 Dubai (1-Mth F) 68.48 -4.27 Tapis blend 75.15 -4.45 Minas 72.70 -4.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene S6.82 75.65 -2.85 -4.55 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 24 Aug 18 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.911 5.637 0.584 6.393 40.217 82.381 0.785 10.294 2.917 1.229 68.095 39.797 1.196 6.634 0.888 27.184 28.080 0.503 0.825 Canada 1.098 6.188 0.641 7.018 44.149
      463 words
    • Article
      Lock icon SIBOR
      78 24 Aug 18 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ....0.***** ....0.***** 6 mths 0.***** 9mths 1.***** 12 mths 1.*****
      78 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Aug 18 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1953 1.1968 0.8247 0.8249 Canadian dollar 1.3121 1.3138 0.9053 0.9056 Euro 2.0470 2.0494 1.4123 1.4126 NZ dollar 0.9723 0.9738 0.6708 0.6712 Sterlini md 2.3766 2.3795 1.6397 1.6401
      157 words
    • Article
      Lock icon PRECIOUS METALS
      142 24 Aug 18 GOLD (USS/oz) Aui 18 Aui J7 Hong Kong London 938.20 838.30 939.20 839.30 Aug 17 Aug 14 931.30 952.60 932.10 953.40 Source: Thomson Reuters CAST BAR (S$) Aug 18 Buying Sellini Kilobar "47,022.22" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      142 words
    • Article
      Lock icon LONDON METALS
      69 24 Augl7\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1926.00 3 months 1960.00 1957.25 1990.00 Copper, Grade A (US$/tonne) Cash 3 months 6054.50 6050.00 6251.00 6245.00 Lead (US$/tonne) Cash 1766.75 3 months 1785.00 1834.50 1852.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      74 24 Aug 17 :OCOA (Btonne) Close Prev Hii ih/Low SepO9 1739 1785 1789/1737 Dec 09 1767 1812 1814/1765 Mar 10 1771 1818 1819/1770 May 10 1770 1816 1794/1771 COFFEE (US$/tonne) Close Pev High/Low SepO9 1364 1393 1390/1363 Nov09 1385 1413 1409/1385 Jan 10 1404 1427 1423/1405 SUGAR (US tonne) White
      74 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2348 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 >036AdvanceSCTLtdW*****9 0.5 1 15 5.29 1 87 1246 13.00 57 12 )092 Asia Environment W*****4 0.5 S816# Asiasons Capital Ltd W*****7 6 unch 155 S756#AsiaticGrp(H)
      2,348 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      2818 25 The Business Times Shipping Times ___l^^ KPP fcl WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M m\ j\^^ XV ---IZtJE JBHM^fElriM.'Wljlf VTr.\ IAfAM UAI I ILI IT TEL *****588 (KLINES) FAX:*****163 1 a^B IlrliM I fiTw^iH B!>s!i>H!!>!!iß=HßWiiffß H»*ninwwlli^9ffiHWPM V\\lM WAN HAI INtj fkl teu <03i *****888 fax: (**********3 pen iel:
      2,818 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3361 26 r^VHQIBEII^SSIHI In E EASTERN CAR LINER, LTD IpH ijljTFT^- I I^Slb P[—~L_-i I specialize in roro heavy lift UPTO 450 TONS~| WEEKLY EXPRESS SAILING SCHEDULE I 1 ■F"TWTTTTTT*TTJ^^^H 1 1 1 1 I 1 1 1 1 WWulu^uH r^^^^^^^sfis^if^^r^'^!^^ ISS™™ T -^fp- Li"y 2g siN og —g—r—^- **>m*™*"mmK!>y^ "»«"*«"m°mf mmmKß"»"*
      3,361 words
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  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Hedge funds: the good, the bad, and the ugly
      833 27  -  ULRICH KELLER A look at why the asset category underperformed in 2008 and its prospects for this year IT IS widely known that alternative assets and hedge funds in particular have been hit hard by the financial crisis. But one should
      Bloomberg, ÜBS Global Asset Management; FILE PHOTO  -  833 words
    • Article, Illustration
      Lock icon New ways to allocate assets
      1058 28 THE funds management industry is poised for a sea change in the way assets are allocated, says Schroders pic group chief investment officer Alan Brown, who was in Singapore earlier this week. At least two traditional practices must change, he says. One is the overemphasis
      FILE PHOTO  -  1,058 words
  • Page 27 Advertisements
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