The Business Times, 10 September 2009

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Microfilm: NL30145
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, September 10,2009
    22 words
  • Article, Illustration
    Lock icon AUM soar again after last year's plunge
    627 1  -  JAMIE LEE Tharman also says market regulatory framework not 'set in stone for all time' By [SINGAPORE] Assets under management (AUM) in Singapore fell 26 per cent year-on-year to $864 billion in 2008, taking the five-year average AUM annual growth rate down to
    CAROLINE CHIA/THE STRAITS TIMES  -  627 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      47 1 Inesi lay lange I COMP 1,196.46 -5.61 IIKKEI225 10,312.14 -81.09 IANG SENG 20,851.04 -218.77 CET INDEX 695.59 +3.86 JAKARTA COMP 2,383.33 +12.03 IANILA COMP 2,829.41 -23.07 CEOULCOMP 1,607.77 -11.92 CHENZHENB 516.34 +5.70 IUMBAI IND 16,183.55 +59.88 12 noon EDT Change )OW 9,560.75 +63.41 lASDAQ 2,062.97 +25.20
      47 words
    • Article
      Lock icon PRIME RATES
      30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.345 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA. 11 75 Source:
      Bloomberg  -  30 words
    • Article
      Lock icon FOREX
      43 1 IS$ (S$ per US$) 1.427 (US$/S$ per 1.648 2.353 :uro (uss/ss/E) 1.448 2.068 Forei. in curreno ier US$ S$ 'EN 92.50 64.80 3.499 2.451 IK$ 7.750 5.430 !AHT 34.02 23.83 CUPIAH 9.935 6.960 CENMINBI 6.829 4.784 INDIAN RUPEE 48.54 34.00 1.166 0.817
      43 words
  • Article, Illustration
    Lock icon Genting raises stakes with $1.63b rights issue
    510 1  -  S JAYASANKARAN Shares of Spore casino operator's Malaysian parent fall 4%; cost of IR comes under scrutiny By in Kuala Lumpur CASINO operator Genting Singapore announced yesterday that it planned to raise "up to $1.63 billion" through a one-for-five rights issue to build
    FILE PHOTO  -  510 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      65 1 SINGAPORE •■F^^lf BizlT LEHMAN COLLAPSE ENTERPRISE 50 fe|M INTERNATIONAL ''"j^S^rf Hot sales expected Policymakers yet to learn Growth through Keeping old cars going P^Jf'S^ a^ Comex 2009 lesson from bank's fall customers' faith PAGE9 mlkiM^LMKmi PAGE24 PAGE2 PAGE8 fJgkk.'' Hotel in Little India up for auction PAGE 25 URA's Serangoon
      65 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon 15 big banks commit to derivatives targets
      375 2 They will report broader data, up use of central clearinghouses [WASHINGTON] Fifteen big banks that dominate worldwide trading of derivatives have committed to greater transparency in a US$6OO trillion market that regulators say needs stricter oversight to protect the global financial system. The
      AP  -  375 words
    • Article, Illustration
      Lock icon Policymakers yet to learn lesson from Lehman fall
      940 2 Bloomberg [NEW YORK] The warning was ominous: "Massive global wealth destruction". That's what Lehman Brothers executives predicted in a confidential memo prepared for government officials before they filed the biggest bankruptcy in US history. The message didn't get through. Two dozen of
      Bloomberg; BLOOMBERG  -  940 words
    • Article, Illustration
      Lock icon Obama mum on Wall St bonuses as debate rages
      707 2 Reuters [NEW YORK] Early in his presidency, Barack Obama called big bonuses paid to bankers at the height of the financial crisis "shameful" and "outrageous". In March, public outrage turned to American International Group (AIG) after the insurance company, bailed out
      Reuters; REUTERS  -  707 words
    • Article
      Lock icon Pledged shares: CFA for better disclosure rules
      518 2  -  LYNETTE KHOO Many Asia-Pacific exchanges leave judgment calls to directors: study By [SINGAPORE] When it comes to pledged shares and margin loans, disclosure rules that require directors to make a judgment call are inadequate, the CFA Institute Centre for Financial Market Integrity said.
      518 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Genting raises stakes with $1.63b rights issue
        52 2 CASINO operator Genting Singapore announced yesterday that it planned to raise "up to $1.63 billion" through a one-for-five rights issue to build up a war chest for acquisitions and to strengthen its balance sheet. Trading of shares, which was halted yesterday, resumes today.
        52 words
      • Article
        Lock icon Assets under management soar after last year's plunge
        70 2 ASSETS under management in Singapore fell 26 per cent year on year to $864 billion in 2008, taking the five-year average AUM annual growth rate to 16 per cent, Finance Minister Tharman Shanmugaratnam said yesterday. But in a sign that fund flows
        70 words
      • Article
        Lock icon 15 big banks commit to derivatives targets
        56 2 FIFTEEN big banks that dominate worldwide trading of derivatives have committed to greater transparency in a US$6OO trillion market that regulators say needs stricter oversight to protect the global financial system. The banks included Bank of America, Citigroup, Deutsche Bank, Goldman Sachs and
        56 words
      • Article
        Lock icon No prizes for guessing the easiest place to do business
        72 2 THE Republic has topped the list for ease of doing business for the fourth year running. Coming in ahead of New Zealand and Hong Kong in second and third place respectively, Singapore made three notable business regulation reforms between June
        72 words
      • Article
        Lock icon Rich gold returns spark Internet chatter
        70 2 A GOLD company in Singapore which is promising up to 24 per cent returns a year has become something of a talking point among some netizens. The generous return is offered by Genneva Pte Ltd, which began operations in Singapore last year. The firm
        70 words
      • Article
        Lock icon China Gaoxian launches IPO to raise $83.2m
        64 2 CHINA Gaoxian Fibre Fabric Holdings Ltd has launched its initial public offering to raise $83.2 million in what is Singapore's biggest IPO so far this year. The China-based polyester fibre producer is raising the proceeds from the offer of 320 million new shares
        64 words
      • Article
        Lock icon Sicom to launch gold contract in next two months
        62 2 THE Singapore Commodity Exchange (Sicom) will soon launch a gold contract that will be accessible to retail investors at a time when interest in the metal is pretty high. Sicom's exchange-traded deferred-settlement gold contract will be launched in the next two
        62 words
      • Article
        Lock icon URA's Serangoon Ave site likely to draw strong bids
        70 2 URBAN Redevelopment Authority yesterday launched the tender for a 99-year condo plot at Serangoon Aye 3. Market watchers expect top bids to be towards the upper band ofthe range of prices they predicted two weeks ago. The closing date ofthe tender
        70 words
    • Article, Illustration
      Lock icon No prizes for guessing the easiest place to do business
      520 3  -  JOYCE HOOI Spore tops the list for fourth year running with slew of fresh reforms By [SINGAPORE] The Republic has topped the list for ease of doing business for the fourth year running. Coming in ahead of New Zealand and
      AFP  -  520 words
    • Article
      Lock icon Rich gold pickings spark S'pore Internet chatter
      577 3  -  SIOW Ll SEN Local firm has links to company under Bank Negara probe By [SINGAPORE] A gold company in Singapore which is promising up to 24 per cent returns a year has become something of a talking point among some netizens. The generous
      577 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      282 3 ISU FIND THE ONES J""^ t, q) THAT FIT! L\S~LI Recruit the right people through CATS Recruit. j y Ca" 180° 289 8822 or email recruit@sph.com.sg to advertise, f b d j^ i j I l T p qr Perf&rmancm Audi (faMOTToT)^ j I tbi ffftQ^jq^z^z Vorsprung durch Technik Xj^J^Jl^J/
      282 words
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  • COMPANY NEWS
    • Article
      Lock icon Untitled
      1 4 Source:
      1 words
    • Article, Illustration
      Lock icon SGX has come a long way
      2040 4 E cannot afford to I have inves- tors think the stock market is an extremely safe place where you're sure to make money. Because it's not whatever we do, you can't ensure that." This was said by then-deputy prime minister Lee Hsien Loong eight-and-a-half
      BLOOMBERG; FILE PHOTOS; Bloomberg  -  2,040 words
    • Article
      Lock icon Start of a love affair with Genting
      516 5  -  ARTHUR SIM MANY stock market darlings have had their sparkle dulled by these rough times so it is almost thrilling to see a potential contender emerging. Genting Singapore was listed on the Singapore Exchange in 2005 as a separate entity from its big
      516 words
    • Article, Illustration
      Lock icon China Gaoxian to raise $83.2m through mainboard IPO
      490 5  -  FELDA CHAY 380 m offer shares at 26 cents each By CHINA Gaoxian Fibre Fabric Holdings Ltd has launched its initial public offering to raise $83.2 million in what is Singapore's biggest IPO so far this year. The China-based polyester fibre producer
      NEOH KEE LENG/LIANHE ZAOBAO  -  490 words
    • Article
      Lock icon Datapulse net profit for FYO9 up 14%
      238 5 By WINSTON CHAI DIGITAL media storage products maker Datapulse Technology registered a 14 per cent increase in net profit to $15.4 million for the full year ended July 31, 2009, despite a dip in revenue. The rise in profit attributable to equity-holders was
      238 words
    • SINGAPORE MARKETS
      • Article, Illustration
        Lock icon Resilience despite volatility fears
        654 6  -  YEN SREENIVASAN STOCKS Weakness in Hong Kong and a lacklustre opening in Shanghai translated into an easier session in Spore THE equity market in Singapore and around the region remained volatile and wary as the forces of hope and fear (or greed and fear, as some
        Bloomberg  -  654 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        102 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 8 6 0 0 0 3 8 6 lanufacturing 40 100 68 13 14 47 113 82 Commerce 20 30 26 20 36 31 'pt/Stor/Comms 10 23 11 10 25 11 :inance 16 16 Construction
        102 words
      • Article
        Lock icon SECURITIES TRADING TURNOVER
        117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 32.478 32.478 69.622 69.622 lanufacturing 550.297 41.593 591.890 324.387 2.682 327.070 Commerce 201.562 7.755 209.317 178.747 2.514 181.261 ■pt/Stor/Comms 279.599 763 280.362 359.832 166 359.998 :i nance 28.337 28.337 170.691 170.691 Construction 112.300 24.940 137.240 29.195 855 30.051 'roperties
        117 words
      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        99 6 Capita Land 3.890 4-0.020 CapitaMal 1.730 CityDev 10.880 -0.100 ComfortDelGro 1.630 -0.050 Cosco Corp 1.290 4-0.010 IBS Grp 12.900 -0.060 :&N 4.060 -0.060 ienting SP 1.190 Colden Agri 0.480 IK Land 3.990 4-0.090 IMH 28.620 4-0.540 ISH 16.600 4-0.480 lardineC&C 23.520 4-0.020 Ceppel Corp 7.670 -0.120
        99 words
      • Article, Illustration
        Lock icon BROKERS' TAKE
        973 6  -  LYNETTE KHOO UOL Group Sept 9 close: $3.60 CIMB-GK, Sept 9 WE upgrade UOL from "underperform" to "outperform" on valuation grounds. We had been negative on UOL for a while due to a lack of price catalysts and its high exposure to risky commercial properties. While these issues
        973 words
      • Article, Illustration
        Lock icon Euro trades at fresh 2009 high; dollar extends fall
        421 6 Reuters CURRENCIES [NEW YORK] The dollar fell yesterday, extending sharp declines from the previous day, as higher global stocks bolstered risk appetite and pushed the US currency to near a one-year low against a currency basket. Renewed questions over the dollar's
        – Reuters; BLOOMBERG  -  421 words
      • Article, Illustration
        Lock icon STRAITS TIMES INDEX
        4 6 DAILY
        4 words
      • Article
        Lock icon OTHER SINGAPORE INDICES
        56 6 CLOSE IT OB/OS 97.00-329.OC IT CADI -*****.00-174.0i IT 10-day MA -*****.00+10.01 TSE ST Mid Cap 615.15 -2.1 TSE ST Small Cap 551.40 -5.0. TSE ST All Share 653.34 -2.7i TSE ST China Top 284.61 -1.2 TSE ST China 283.87 -1.4 TSE ST Catalist 1451.75 -18.9' TSE ST
        56 words
      • Article
        Lock icon MOST ACTIVE STOCKS
        53 6 iolden l_L 177,729,000 'ceanus 66,907,000 .inoConst 48,567,000 Biosensors 46,015,000 'ani izijiani 45,784,000 NOL 40,065,000 FirstRes 36,818,000 ■osco Cori 35,499,000 'lam 29,515,000 Ezra 29,078,000 VALUE($) iolden l_L 86,279,610 >in< iTel 83,485,764 NOL 76,883,620 'lam 70,608,320 DBS Gr| 61,518,673 .and 57,952,452 Ezra 50,772,790 UOB 49,826,564 'ani jzijiani 47,644,820 iosco
        53 words
      • Article
        Lock icon RISES
        105 6 CLOSE UP 2862 77.0 IMH 1. ISH 1660 68.5 3.' "hai Prime Fd 605 41.4 5.' iBXT FTChina25 10US$ 2972 31.4 0. reat Eastern 1418 24.0 1. ICBC Bk4.5%NCPS 100 9364 24.0 0. iBXT MSTaiwan 10US$ 1475 14.3 0. IK Land 399 12.8 2. .sia Pac Brew 1202 12.0
        105 words
      • Article
        Lock icon FALLS
        108 6 CLOSE DOWN ICC3.93% NCPS10 7900-180.0 -2.2 LP 10US$ 9761-118.4 -0.8 China H 10US$ 1565 -38.5 -1.7 CTXPO 100 1248 -32.0 -2.5 lUE 1018 -22.0 -2.1 CIA 1298 -16.0 -1.2 IA 200 1294 -16.0 -1.2 Pair irm 581 -12.8 -1.5 Kei Con 767 -12.0 -1.5 :it 1088 -10.0 -0.9 BY
        108 words
      • Article
        Lock icon CURRENCIES
        83 6 Where S! i$ stands Sep 9 CHNG CLOSE FRSep8 YR2009 LOW S$ HIGH uss 1.4253 0.20 1.5579 1.4253® Euro 2.0680 -0.37 2.0732 1.9150 Pounds 2.3539 0.15 2.4366 2.0356 1.2266 0.39 1.2315 0.9453 'en* 1.5415 0.37 1.7278 1.4831 Rupiah* 0.***** -0.48 0.***** 0.***** Baht* 4.1896 0.14 4.3390 4.1040 Peso* 2.9442
        83 words
    • Article
      Lock icon Sicom to launch gold contract in next two months
      305 7  -  SIOW Ll SEN 10-ounce contract to have maintenance margin at 3% of contract value By THE Singapore Commodity Exchange (Sicom) will soon launch a gold contract that will be accessible to retail investors at a time when interest in the metal
      305 words
    • Article
      Lock icon Ascott Reit's $1b note programme
      188 7 ASCOTT Residence Trust (ART) now has access to $1 billion by way of a multi-cur-rency medium term note (MTN). Ascott Residence Trust Management Ltd (ARTML), the Reit manager, has appointed DBS Bank to act as the arranger and the dealer ofthe MTN programme. In a
      188 words
    • Article, Illustration
      Lock icon Keppel delivers twin PetroVietnam rigs early
      460 7  -  VINCENT WEE By VIETNAM'S offshore oil and gas exploration market is still growing, and Keppel Fels's early delivery of two jack-up rigs to PetroVietnam (PV) Drilling and Well Services Corp will help meet demand, PV Drilling's president and CEO Do Van Khanh said yesterday
      460 words
    • Article
      Lock icon OCBC Sec moves to boost foreign trades
      477 7  -  LYNETTE KHOO 7 bourses added to its direct market access network By OCBC Securities Pte Ltd (OSPL) is expanding its direct market access (DMA) to seven more foreign stock exchanges in China, Indonesia, Thailand and the US by the end of this month,
      477 words
    • Article
      Lock icon Sinomem raising $31m in placement
      465 7  -  YEN SREENIVASAN By CHINA-BASED integrated water company Sinomem Technology is raising up to $31 million through the placement of up to 50 million new shares. The placement shares, equivalent to about 11.07 per cent of the existing issued share capital of Sinomem, are priced at
      465 words
    • COMPANY BRIEFS
      • Article
        Lock icon CMS licence for CIT Management
        51 7 CAMBRIDGE Industrial Trust Management, the manager of Cambridge Industrial Trust, said it has been granted the Capital Markets Services licence by the Monetary Authority of Singapore. The manager said that it is now fully licensed to conduct the regulated activity of real estate investment trust
        51 words
      • Article
        Lock icon GMG Global rights 1.37 times subscribed
        28 7 THE $100 million rights issue of GMG Global, an integrated producer of natural rubber, was about 1.37 times subscribed, including excess applications.
        28 words
      • Article
        Lock icon Mary Chia Holdings' H1 profit dives
        38 7 MARY Chia Holdings' revenue for the first half year ended June 30, 2009, fell 4.1 per cent year-on-year to $5.3 million. Net profit for the period fell 83 per cent to $119,000.
        38 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      318 4 SINGAPORE'S GSS3 IT CONSUMER TECHNOLOGY EXHIBITION www.comexshow.com.sg -P tf T^l^l -~U I l 9 IM k 18-fl _t^_W S_^^__s^H- k "ffl I liß3-ny",vat___j___j____i 51 HI P^ Comex Special Pull-out In Digital Life on 9th Sept (Wed) The Straits Times on 10th Sept (Thurs) TODAY on 10th Sept (Thurs) ril a
      318 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      279 5 GET IN AND HEAD OUT."""" Sporting the rugged looks of an SUV, the functionality of an MPV, plus the comfort and drivability of a sedan, the highly versatile Kia Sportage makes you want to do just that -without it costing you an arm or a leg. And ever responding with
      279 words
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  • Page 7 Advertisements
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      186 7 *#cn>T_^_____i^_ iiMijfr^; V^___A i ri 7^w ir\sy*? The most successful SfjSll Ml^ W^^ "ay of sending out 4 \s__-*' _I._-L- <Q<^J*T^^l J direct marketing fwP^ "-/</^^^J J literature. 'I fi^_L_______L' hi 4 ____P|F rl 'r J Twl M^fl I A W' w',is'&&<:'' S* P Swiss Post offers an efficient and
      186 words
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      Lock icon Page 7 Advertisements Column 2
      94 7 Investment Opportunity in International School The New Zealand International School (NZIS) is planning to open its Asian Regional Campus in Singapore soon. NZIS already has an established and successful campus in Jakarta to cater to the Indonesian market. This experience has made us confident that an international school of this
      94 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Medtech industry looks set to soar in 2010
      367 8  -  CHEN HUIFEN EDB says 2 major announcements in months ahead could beef up output, jobs By SINGAPORE'S medical technology industry could see at least two major announcements in the coming months that could beef up the output and employment from next year,
      367 words
    • Article, Illustration
      Lock icon August power demand up 3% after 8-mth fall
      356 8  -  RONNIE LIM By SINGAPORE'S electricity demand grew almost 3 per cent year-on-year last month marking the strongest monthly growth since power use started to grow again in June. The rise reflects a clear reversal after eight straight monthly falls in power demand
      356 words
    • Article
      Lock icon Jump in car COE premiums
      273 8 COE premiums for cars shot up yesterday because ofa longer-than-usual interval between tenders and an impending announcement regarding the midyear quota review. The first bidding exercise for September took place three weeks after the previous tender a week longer than usual. This allowed motor distributors
      273 words
    • Article, Illustration
      Lock icon Growth through customers' faith
      907 8 Consistent and fast delivery of reliable, high-quality products and services have earned SOONSteel its customers trust, report JIANG RUIMING, NGUYEN TUNG ANH and PHAM QUANG DAT ERIC Thiang, managing director of SOONSteel International, has an interesting notion about decision making. According to him, "a wrong decision"
      JOHN HENG  -  907 words
    • Article
      Lock icon Singapore, China reaffirm bilateral relations
      190 8  -  TEH SHI NING By' SINGAPORE and China face many similar challenges in the highly globalised world economy, Senior Minister Goh Chok Tong and China's Executive Vice-Pre-mier Li Keqiang said yesterday. And they noted the mutual benefit to be had from exchanging views on how each
      190 words
    • Article
      Lock icon Security challenges for Asean: Teo
      361 8 WITH the shifts of power in Asia over the years, the challenge remains how to create a regional security architecture that meets the interests of the major powers as well as those of Asean countries. Deputy Prime Minister Teo Chee Hean made this point in
      361 words
    • Article
      Lock icon Obayashi wins NRF CREATE building tender
      194 8 JAPANESE construction firm Obayashi Corporation has been awarded the main tender to build the National Research Foundation (NRF) Campus for Research Excellence And Technological Enterprise (CREATE). Obayashi is no stranger to landmark projects, with several in Singapore such as the SIA Building and Esplanade
      194 words
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      67 8 ENTERPRISE tt Celebrating Singapore's Enterprising Spirit 2009 Published every Tuesday and Thursday, this series is part of the Enterprise 50 Educational Project between the ESQ partners and the NUS Business School. SOONSteel International was among the ESQ winners in 2008. The annual ESQ ranking is co-organised by The Business Times
      67 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Market gap waiting to be filled
      859 9 Brazil and Russia offer vast opportunities for Singapore suppliers dealing in the automotive after-market, reports CHUANG PECK MING ONE consequence of the global recession is that car owners everywhere are keeping their vehicles longer, instead of scrapping or trading them and buying new ones.
      859 words
    • Article, Illustration
      Lock icon Getting their bearings at international shows
      265 9 Reports by CHUANG PECK MING INTERNATIONAL Bearings' visit to the Automec Brasil exhibition with International Enterprise Singapore in May turned out to be fruitful. "Through this event, excellent results were generated for FBJ, a house brand of international bearings in the automotive aftermarket, tractors
      265 words
    • Article
      Lock icon Sights set on US, Russian markets
      157 9 THE US and Russia will be Robson Design's global stepping stones. Robson, which uses carbon fibre to beautify interior and exterior car panels and parts, already has dealers in South-east Asia, Europe and the US. It now wants a direct presence in these markets.
      157 words
    • Article
      Lock icon Making the most out of a slump
      273 9 PEOPLE are not buying new cars because ofthe global recession, but many are buying car parts instead, notes Leonid Kovalkov, managing director of JNBK Corporation. That's why he's able to report that his business keeps growing and is "even better than before" despite
      273 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      195 9 I Seminar Series: Doing Business in Western Africa Ghana and Afric t Ghana and Nigeria are shaping up to be attractive investment destinations in Western Africa. Both are blessed with natural resources, registering real GDP growth of more than 6% yearly over the past three years. Date: 16 September 2009,
      195 words
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      Lock icon Page 9 Advertisements Column 2
      15 9 Singapore International A fortnightly series brought to you by IE Singapore and The Business Times
      15 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US consumer borrowing drops by record USs2l.6b
      688 10 -AP Plunge in spending points to lethargic economic revival ahead: economists [WASHINGTON] American consumers slashed their borrowing in July by the largest amount on record as job losses and uncertainty about the economic recovery prompted them to rein in their debt. Economists expect
      -AP; AFP  -  688 words
    • Article
      Lock icon BOJ's Suda hints at favouring end of fund-support measures
      600 10 Reuters [NAGASAKI] Bank of Japan (BOJ) board member Miyako Suda has warned of the risk of maintaining the bank's corporate fund-sup-port measures for too long when credit strains are easing, suggesting she may favour letting them expire in December. Many other
      – Reuters  -  600 words
    • Article, Illustration
      Lock icon Dubai confident it can service huge debt
      432 10 Bloomberg Emirate has at least USs4.sb of debt due to be paid this year [DUBAI] Sheikh Mohammed Bin Rashid Al Maktoum, the ruler of Dubai, said he is "not worried" about the emirate's ability to repay at least U554.52 billion of debt this
      – Bloomberg  -  432 words
    • Article
      Lock icon ADB to up clean-energy spending
      426 10 Bloomberg [SINGAPORE] The Asian Development Bank (ADB), which has committed about US$375 million to clean-energy funds, plans to "scale up" spending in pollutionreduction projects in Asia as developers struggle to borrow in a recession, an official said. The bank may complete investing the remaining portion
      ■ Bloomberg  -  426 words
    • Article, Illustration
      Lock icon Economic data reinforce hopes of Britain's recovery
      336 10 -Reuters [LONDON] Britain's recovery prospects brightened yesterday after surveys showed consumer morale jumping, employers hiring again and price pressures absent. Official trade data added to the upbeat tone, with exports up 5 per cent in July, the fastest increase since January 2008, keeping
      -Reuters; AP  -  336 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon It's now 'one CIMB' after re-branding
      525 11 Bumiputra-Com-merce Holdings will be known as CIMB Group Holdings By PAULINE NG in Kuala Lumpur MALAYSIA'S second-larg-est banking group by assets yesterday completed its corporate re-branding exercise as the renamed CIMB Group Holdings, with the company's 1,150 branches throughout Malaysia, Indonesia, Singapore and Thailand
      525 words
    • Article, Illustration
      Lock icon Indonesia opens up electricity sector
      707 11 Reuters New law revokes the monopoly of state firm PLN [JAKARTA] Indonesia's parliament approved a new electricity law on Tuesday, opening up a sector that is inefficient, heavily subsidised and plagued by blackouts to more competition and fairer pricing. Large swathes of Indonesia are still
      – Reuters; BLOOMBERG  -  707 words
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      166 11 TYOU ARE WELCOME TO TIME US. It's our promise to fulfill your critical logistic needs on time. Every time. A Griffin Kinetic, a member of GKLOG Holdings, has been recognised as the expert in critical logistics by both the industry and its customers. Our dedicated staff and global network of
      166 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Geely parent eyes bid for Ford's Volvo cars
      578 12 Reuters Move will boost its profile, give it access to technology to upgrade vehicles [SHANGHAI] China's Geely Automotive said yesterday that its parent wants to bid for Ford's Volvo Car Corp, becoming the latest Chinese carmaker to chase a foreign brand in
      Reuters; AP  -  578 words
    • Article, Illustration
      Lock icon Force India should have chosen an Indian driver: Ecclestone
      367 12 Reuters [NEW DELHI] Force India should have chosen an Indian driver to replace Giancarlo Fisichella when the Italian switched to Ferrari to help boost the build up for the nation's inaugural grand prix in 2011, Bernie Ecclestone has said. The Fl
      Reuters; REUTERS  -  367 words
    • Article
      Lock icon End pricey hote stay, Mukherjee tells Cabinet colleagues
      202 12 Bloomberg [NEW DELHI] Two Indian Cabinet ministers staying in five-star hotels as their official homes are being readied should check out, Finance Minister Pranab Mukherjee said on Tuesday, as the government grapples with ways to cut expenditure. "I have requested both the
      Bloomberg  -  202 words
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      58 12 li '-:hi. 11 'W* 1* ie "^^^c^ J I _Hs___w.l -fli ~,'ij if ''■-■"-—ccrrcscccc^ cfecccc-^ c —^^-^mrr-^.n j j__gM_^». tU ■i in nW.lM W 1 --^=_ttsjsatfiMn L iv.__«-n--mm *——ff#*sw#wMW--_4. ,feo...i„nro.:. >li i ■■■■-jg^B i 3 lr 1 _^B b PARAGON BB^^^(llll j^_ v v t_ 5 3 y*« I 290
      58 words
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  • GREATER CHINA
    • Article
      Lock icon China's excess output may hurt foreign markets
      611 13 Reuters EU: Goods that can't be sold locally may end up in markets hit by global slump [BEIJING] China's excess production capacity is an "international concern" as goods that can't be sold locally may be sent to markets that have shrunk amid the
      Reuters  -  611 words
    • Article, Illustration
      Lock icon Greg Norman sees 'phenomenal' growth for golf in China
      370 13 [BEIJING] Twice major champion Greg Norman thinks China will lead the growth and development of golf for the foreseeable future and that will only be good news for the game. Since the first golf course to be built in mainland China
      AP  -  370 words
    • Article
      Lock icon Good time to invest abroad: minister
      312 13 Reuters Comments signal a more proactive approach by Beijing [XIAMEN, China] Chinese firms now face good opportunities for investing overseas due to lower asset prices and a loosening of investment rules in many countries, an assistant commerce minister said yesterday. Chinese companies have long
      Reuters  -  312 words
    • Article, Illustration
      Lock icon China signs photovoltaic farm venture with First Solar
      635 13 MT 2,000 MW project expected to be completed in 2019 [NEW YORK] Chinese government officials signed an agreement on Tuesday with First Solar, an American solar developer, for a 2,000 MW photovoltaic farm to be built in the Mongolian desert. Set for
      MT; AP  -  635 words
    • Article
      Lock icon China's job situation remains grave: minister
      237 13 Reuters [BEIJING] China's overall job situation remains "grave" despite companies' having trouble finding enough workers in some coastal areas, the country's labour minister said yesterday. Concern over the potential ramifications for social stability of any spike in unemployment has been one of the key
      Reuters  -  237 words
    • Article
      Lock icon CIC eyes stakes in public works and energy
      286 13 Reuters [HONG KONG] China Investment Corp (CIC) is seeking minority stakes in infrastructure, green and new energy projects, a senior CIC executive said, as the US$2OO billion sovereign wealth fund is keen to diversify its investments. CIC, which made huge paper losses
      Reuters  -  286 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      60 13 ■SAIiESjRROFESSIONALS/ CLOSERS/SALES AGENTS 1 Business to Business Sales for International Standards to small and medium sized companies. IMSM Ltd offer classroom and field training for the right applicants, who are self employed or who are wishing to take up self-employment in order to substantially increase their income. www.imsm.com Contact: Bernard
      60 words
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      Lock icon Page 13 Advertisements Column 2
      51 13 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY Remembering 911 Eight years after the World Trade Centre mayhem, an Indian 3.^ who survived the Ml L terror attacks says the experience only made her stronger Kumarsutra -w\ i \___WW entertainer Jr-i -v/- /I Kumar's /^HLJ^ ~C J_\ Deepavali fsfM^^~ "_W memory
      51 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Hatoyama gets Beijing's support
      615 14  -  ANTHONY ROWLEY China to strengthen communication and cooperation with new Tokyo Cabinet: Wen B Y in Tokyo CHINESE Premier Wen Jiabao yesterday pledged his country's close cooperation with the Japanese government to be formed next week by Yukio Hatoyama, the prospective prime minister. Beijing's endorsement is
      615 words
    • Article
      Lock icon Indian telcos, M'sian investor in Zain deal
      519 14 Reuters Funding for the USsl3.7b deal is still unclear [KUWAIT] A consortium of Indian telecom companies and a Malaysian investor will buy a 46 per cent stake in Kuwaiti telecom Zain, an official with major shareholder Kharafi Group said on Tuesday. The group
      – Reuters  -  519 words
    • Article, Illustration
      Lock icon Merger to create top UK mobile operator
      509 14 [BERLIN] Deutsche Telekom and France Telecom said on Tuesday that they were planning to merge their struggling mobile operations in Britain, creating the largest mobile operator there. The companies said the 50-50 venture, combining Britain's third- and fourth-largest operators, would have 28.4 million
      BLOOMBERG  -  509 words
    • Article, Illustration
      Lock icon Barrick raises US$3b in share offering, eliminates gold hedges
      566 14 AP, Bloomberg [TORONTO] Barrick Gold Corp plans to eliminate all of its gold hedges and raise US$3 billion in a share offering to help pay for the move, the world's biggest gold producer said on Tuesday. The Toronto-based company cited the
      AP, Bloomberg; AFP  -  566 words
    • Article
      Lock icon Thailand to auction four 3G licences
      263 14 Bloomberg [BANGKOK] Thailand plans to auction four licences to provide high-speed mobile phone services across the country and will seek bids by the year-end, the telecommunications regulator said. The National Telecommunications Commission will hold a public hearing on the bidding guidelines and regulations on
      – Bloomberg  -  263 words
  • Page 14 Advertisements
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      130 14 Consultants Lead Auditors John Stanley Roy Snelgrove, Widower, of International Standards 33 Jurong West street 41 #12 51 Tower 3C Self-employed experienced Lead Auditors Lakeshore, Singapore *****3, intend to marry %M tan^%?^lS^^ Ramasita Sa9ala- sin 9'e- of Jl" Ccm Paka Putih Noto deal with ISO9OOI and/or ISOI4OOI, and 22, Cluster
      130 words
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  • WORLD
    • Article, Illustration
      Lock icon Investors eye key projects in Mongolia
      630 15 AFP Oyu Tolgoi mining project draws most attention at one-day conference in capital [ULAN BATOR] Resourcerich Mongolia is now more than ever open for business. Investors from across Asia gathered in Ulan Bator on Tuesday for a one-day conference to discuss key opportunities in
      AFP  -  630 words
    • Article, Illustration
      Lock icon Film fest with apocalyptic and g oomy streak
      665 15 AFP Films at Toronto festival reflect current downturn [TORONTO] The Toronto film festival opens today with a schedule that reflects the economic gloom of the times with hard-hit-ting critiques on capitalism and apocalyptic visions of the end of humanity. The glitz and
      AFP; AP  -  665 words
    • Article
      Lock icon Bankers defend bonus culture
      470 15 Reuters [FRANKFURT] Top bankers defended their culture of bonuses on Tuesday against an onslaught of regulation that aims to put them on a tighter leash almost a year after Lehman Brothers collapsed. Executives from Credit Suisse Group, Morgan Stanley and Deutsche Bank said that the global
      Reuters  -  470 words
    • Article
      Lock icon Dresdner staff sue for £30m in unpaid bonuses
      316 15 AFP [LONDON] Seventy-two bankers from Dresdner Kleinwort launched legal action against Commerzbank in Britain on Tuesday for £30 million (5570.6 million) in unpaid bonuses in the wake ofthe financial crisis. Current and former staff of Dresdner claimed in London's High Court that
      AFP  -  316 words
  • Page 15 Advertisements
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      2251 15 w A WATS I f MANHATTAN RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6289K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM". of Manhattan Resources Limited (the "Company") will be convened on 25 September 2009 at 45 Maxwell Road,
      2,251 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon WTO talks finally back on the rails
      467 16 SOME good news filtered out from the crucial meeting of 35 trade ministers in New Delhi last week to discuss how to restart the stalled Doha Round of world trade talks. The ministers decided that negotiations will resume again at the World Trade
      467 words
    • Article, Illustration
      Lock icon Leading from behind on climate change
      937 16  -  ANTHONY ROWLEY Hatoyama's apparently bold pledge to slash Japan's carbon emissions is highly hedged SOMETIMES when listening to political leaders talking about their plans for reducing carbon dioxide (CO2) emissions, I am reminded of WS Gilbert's fictional Duke of Plaza Toro who famously "led
      AFP  -  937 words
    • Article, Illustration
      Lock icon Obama faces backlash from middle classes left behind
      770 16  -  LEON HADAR THE BOTTOM LINE AS Americans were preparing to start their long Labor Day weekend last Friday, they might have been cheered by new data showing that job losses had slowed down in August. But slowing job losses is not recovery:
      770 words
    • Article, Illustration
      Lock icon Real prof its from virtual money
      1152 17  -  BRENDA GOH Reuters Asian networking sites rake it in as millions of users pay for personalised content related to emotion and status By BY SELLING an array of virtual products from avatar clothes to e-fur-niture, Asia's social networking sites appear to have solved the
      Reuters; REUTERS  -  1,152 words
    • Article
      Lock icon The upside of pay caps for bankers
      899 17  -  DAVID REILLY By FAR from being a threat to Wall Street, bonus-bashing French Finance Minister Christine Lagarde may end up being its saviour. Sure, it might not seem that way at the moment: Ms Lagarde has led the charge to curtail banker pay
      899 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon SHIPSHAPE ON THE GREEN
      127 18 VINCENT WEE ALMOST 160 senior regional shipping executives took part in the 2009 BTL Singapore Golf Masters at Sentosa Golf Club on Tuesday. The popular event organised by feeder operator Bengal Tiger Line (BTL) is now in its 20th year and attracted 25 overseas participants, with
      VINCENT WEE  -  127 words
    • Article
      Lock icon Global air travel recovery unlikely before 2011
      405 18 ■AP Air traffic seems to be bottoming out, says a more optimistic Airbus [HONG KONG] International air travel, whacked by the economic downturn, is starting to stabilise but may not recover until 2011 as companies and passengers continue to scale back, executives at
      ■AP  -  405 words
    • Article
      Lock icon Striking Jet pilots offer to hold talks
      238 18 -AP [NEW DELHI] Striking pilots at India's Jet Airways yesterday offered to hold talks with management to end a two-day long stand-off that has stranded nearly 13,000 passengers after hundreds of domestic and international flights were cancelled. Nearly 450 of more than 700
      -AP  -  238 words
    • Article
      Lock icon Lloyd's Register enters energy industry
      256 18 LLOYD'S Register has gone full steam ahead in the energy sector, launching a new international business formed by merging its oil and gas, and chemicals and power divisions. The combined business brings together the group's capabilities in exploration, drilling, production and transport, refining and processing,
      256 words
    • Article
      Lock icon Cap airline emissions at 2005 level: UK panel
      208 18 Bloomberg [LONDON] Airline emissions should be capped at 2005 levels in 2050 so that the Group of Eight (G-8) nations can meet their target to cut greenhouse gases globally by 50 per cent, the UK Climate Change Committee said yesterday. Emissions from
      Bloomberg  -  208 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 18 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.56 0.31 1.29 0.63 1.75 0.62 0.06
        107 words
      • Article
        Lock icon KLSE
        37 18 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 0.99 8.95 8.81 3.09 3.00 0.01 0.09 -0.01 -0.05 -0.03 -0.01 0.04 -0.01 -0.01 79 29 130 151 7 3191 775
        37 words
      • Article
        Lock icon BANGKOK
        7 18 ■oo ■recious Ship .18.20 0.30 4377
        7 words
      • Article
        Lock icon HONGKONG
        11 18 '000 Doil iingamas Cont 44.10 1.52 -0.15 -0.03 689 6670
        11 words
      • Article
        Lock icon PHILIPPINES
        22 18 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 20.75 2.00 unch unch 0.25 unch unch 282 4678 51 0
        22 words
      • Article
        Lock icon TAIPEI
        20 18 Evergreen Marine ....20.60 :irststeamship 39.35 ManHai Lines 17.90 fang Ming Marine...13.00 -0.10 -0.30 0.40 -0.25 4 3 5 10
        20 words
      • Article
        Lock icon TOKYO
        40 18 '000 (awasaki Hvy Ind ..234.00 (awasaki Kisen 401.00 Mitsubishi Hvy 367.00 i/litsuiEng&Sbldg...253.00 i/litsui Osk Lines 583.00 Nippon Express 391.00 Nippon Yusen 383.00 'iource: Thomson Reuters -2.00 ***** 1.00 3433 -3.00 7307 unch 5339 14.00 ***** 3.00 2256 -1.00 7228
        40 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2723 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,723 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      366 18 CRYPTIC CROSSWORD Across 1 Behind health centre, place for allotment (10) n —i it —i nr —i rr —i it —i —r= —I rr 6 Might complain (4) PI 1_ J___ 1_ 9 Fuel for spontaneous chat ill (7 3) 9 co 10 Pair always ask earnestly (4) 12 Cause
      366 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9083 19 Transaction date: Sep 9 52-wks Tel |h Low Code Last Sale Vol COOP) Hii Day Last Quote Div Gr Yld Net |h Low Buyer Seller C'vr P/E MCap $mil Hii Com| >an] 16.5 3 3148 -Telecom 8 2.5 5834 A-Sonic 31 12 5000 ABR Hldgs 14.5 5.5 1938
      9,083 words
    • Article
      Lock icon SGX CATALIST
      1677 20 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 16 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 20 8.5 3518 s Afor 12.5 2 1524 t Alantac 11 3.5 7814 t
      1,677 words
    • Article
      Lock icon SGX ETF
      417 20 52-Wk Tel h Low Code Last Sale Vol C000) Day ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil _Hm Comi _H|< 110 100 6389 ABF SG Bond ETF 109.9 -0.1 757 427 CIMBAsean40 100USS US754 +4 274 149 DBS STI ETF 100 269
      417 words
    • Article
      Lock icon CLOB INTERNATIONAL
      254 20 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
      254 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9074 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.005/ AIGIF S'pore Bond Fund/^- 1.337/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.07/ APS Alpha Fund (USD)!** 0.75/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5106/ APS Komaba Global
      9,074 words
  • Page 19 Advertisements
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      18 19 AUDEMARSPIGUET balance of forces Le maitre de I'horlogerie depuis 1875 ___^mm____i___ >_____^____ For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com
      18 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      359 21 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Se| World Index Preliminan 780.0 0.5 15.1 0.7 18.0 1.1 19.2 EAFE Preliminai 749.5 0.4 15.5 1.1 21.6 1.5 22.i Euroj Preliminan 1052.1 0.3 15.4 1.1 23.1 1.5 24.. Pacific 625.1 0.6
      359 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 21 As at 9am Sep9 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2200 1.2580 an dollar 1.3150 1.3310 Euro 2.0550 2.0790 NZ dollar 0.9860 1.0080 terlinc nd 2.3400 2.3670 US dollar 1.4170 1.4340 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon INTERBANK RATES
      174 21 Sep 9 Otter Overnight 0.01 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.10 US$ Offer par 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.35 0.38 0.40 0.45 0.75 1.25 1.30 Offer 0.25 0.28 0.29 0.30
      174 words
    • Article
      Lock icon STOCK INDEX FUTURES
      28 21 Sep9 en Hie Sett Tl Se; 2648 2648 2651 IMSCI Se; 320.8 321.2 318.9 aiwan Set 269 270.4 266.7 Source: MF Global (S) He. Ltd
      28 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 21 Sep 9 S$ Bid Offer 1-month 1.4269 1.4284 2-months 1.4271 1.4286 3-months 1.4273 1.4288 6-months 1.4277 1.4293 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      64 21 Sep 9 KLLb HALM hUlUKtb (KM Delivery Opening Month Range i/l/MI) Sett Av Price Price Hi( Low Vol Open Done Position SepO9 2250 2229 2250 2250 3 367 Oct09 2229 2215 2236 2200 433 6778 Nov09 2201 2179 2217 2170 ***** ***** Dec 09 2175 2165 2199 2159
      64 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      303 21 Sep 9 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.6975 99.5800 99.3650 99.0200 5293 4866 3404 2861 EUROYEN TIBOR FUTURES SepO9 99.470 99.470 DecO9 99.510 99.515 Mar10 99.540 99.540 Jun10 Sep10 Dec10 Mar11 Jun11 99.465 99.510 99.540 99.465 99.510 99.540 99.535 99.495
      303 words
    • Article
      Lock icon SICOM FUTURES
      188 21 Sep9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High I Low Close Sett Volume (lots) O/l lots) Oct 09 NOV09 226.0 Dec 09 Jan 10 228.5 Feb 10 226.5 Mar10 227.5 226.0 228.5 225.0 227.5 226.0 226.0 226.0 226.5 225.5 227.5 4 24 4 92 102
      188 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      81 21 Sep9 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hie Day's h Low 3-Month BQ*****T 10.12.2009 1-Year BY*****W 03.05.2010 0.33 0.39 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's [h Low Hie 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
      81 words
    • Article
      Lock icon CHICAGO BOT
      97 21 Sepg (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low SepO9 969.00 961.00 981.00 962.25 Nov09 936.50 922.00 943.00 910.50 Jan 10 943.25 927.00 948.50 916.50 Mar10 947.25 927.75 949.75 919.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low 5ep09 34.23 33.65 34.40 34.19 3d 09 34.40 33.83 34.65
      97 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      74 21 CRUDE OIL PRODUCTS SepB origin! t/barrel Close Cham irent blend (1-Mth F) 70.68 2.91 WTI (Near Mth) 71.22 3.40 iubai (1-Mth F) 67.91 0.86 "apis blend 69.70 0.75 i/linas 71.60 2.65 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 66.27 74.10 -0.6: 0.4I US$/barrel )pec Oil Basket Price 67.83
      74 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 21 Sep 9 AS_ CS_ Rmb Euro HKS IndRsRii Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US! ustralia 0.927 5.859 0.592 6.649 41.638 85.232 0.793 10.525 3.001 1.235 71.124 41.531 1.225 6.477 0.899 28.079 29.181 0.521 0.858 Canada 1.078 6.317 0.639 7.169
      464 words
    • Article
      Lock icon SIBOR
      70 21 Sep 9 (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.***** I mths 1.***** 2 mths 1.***** iWAP Mid
      70 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 21 Sep9 Against SS Currencies Bid Offer Against USS Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2238 1.2253 0.8578 0.8580 Canadian dollar 1.3193 1.3213 0.9247 0.9252 Euro 2.0663 2.0687 1.4483 1.4486 NZ dollar 0.9906 0.9924 0.6943 0.6949 Sterlinc 2.3512 2.3539 1.6480 1.648; US dollar
      156 words
    • Article
      Lock icon PRECIOUS METALS
      141 21 Sep9 GOLD (USS/oz) Sef 09 Sef os_ Hong Kong London 994.20 1001.00 995.20 1002.00 Sep 08 Sen 07 1002.95 994.40 1003.95 995.40 Source: Thomson Reuters CAST BAR (S$) Sep 09 Buying Sellinc Kilobar "49,169.71" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      141 words
    • Article
      Lock icon LONDON METALS
      61 21 luminium, 99.7% urity (USS/tonne) Close Previous :ash 1863.00 months 1895.00 1832.75 1866.00 Copper, Grade A (USS/tonne) ;ash months 6464.75 6475.00 6314.25 6324.00 .ead (USS/tonne) '.ash months 2439.00 2455.00 2337.50 2350.00 lickel (USS/tonne) ]ash months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc. Special
      61 words
    • Article
      Lock icon LIFFE
      73 21 SepS OCOA (£/tonne) Close Prev Hit h/Low SepO9 1857 1831 1865/1835 Dec 09 1885 1860 1897/1862 Mar 10 1883 1860 1895/1862 May 10 1883 1860 1895/1872 COFFEE (US$/tonne) Close Pev High/Low SepO9 1478 1474 1502/1470 Nov09 1494 unch 1520/1482 Jan 10 1518 unch 1545/1507 SUGAR (US tonne) White Close
      73 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2244 21 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 12 4.71 1 87 1246 13.00 56 11 Ascendas REIT.ES.0909 172 S756#AsiaticGrp(H) LtdW*****2 7.5 H05#Asiatravel W*****7 29 >878 Aztech Systems W*****6
      2,244 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      3503 22 Shipping times KPI fftt-B jJHHH WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M M ST__P^ VV ___L%_M mmmnß^Wmm^HmWfn^mmm ll%Tvi\ IAIAM MAI lILI IT TEL *****588 (14 LINES) FAX:6224H63 ___k^~■ 1 "J^^^-T T?»^^l^ml MP^NMME I V\^^tt I WAN HAI IN im TEb (03) *****388 FAX: (03) *****288 PEN TEL: <04) *****00
      3,503 words
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  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      5042 23 r^^^^^^^^^^^^^^^^^Hn F EASTERN CAR LINER, LTD I IP^ffiOSEE LM lV—_^—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS BJM____l________U____________! fS_______W______________MZ^ I B°'"HKT) I LillimUKT) I LCB I SIN I PKL I )KT I KUC I SUB I ™JoT ITA lIP D'sTINAnON PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA
      5,042 words
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  • BizIT
    • Article, Illustration
      Lock icon Hot sales expected at Comex 2009
      661 24 The four-day fair has 820 exhibitors this time against 800 last year, reports WINSTON CHAI A LAST-DITCH effort to salvage sales volume at a time when the technology retail scene is still reeling from the recessionary blow has sent the number of exhibitors to
      FILE PHOTO  -  661 words
    • Article
      Lock icon NTT Data sets up Asia-Pac HQ in Singapore
      347 24 The IT services firm aims to be a player in local public sector IT services market By ONG BOON KIAT IT services firm NTT Data Corporation, part of Japanese telecommunications conglomerate Nippon Telegraph and Telephone (NTT) Group, has set up its Asia-Pacific
      347 words
    • Article, Illustration
      Lock icon Palm unveils Pixi phone, but may be eclipsed by rivals
      441 24 Reuters [NEW YORK] Palm Inc yesterday announced a lower-priced smartphone in the same family as its popular Palm Pre smartphone, although the move may be overshadowed by rival product launches by Motorola Inc and Apple Inc. Palm said that it
      Reuters  -  441 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      176 24 Call 6-594 7594 now for the IT Specialists Stone Forest IT SssssS pga SB www.StoneForestlT.com.sg Partner EB____W ______RnTS?!TTTT?Rn^T^ r^mmm i \___****-_\\****w*__\_*** **\**m_w*_w*^m*****m m*J**J**_m**__\J^m**\_M****_mm*^^ Sun Fire" X 4170 Server A Versatile Enterprise Server that Saves on Power, Space and Cost The Sun Fire" X 4170 server can deliver great price/performance benefits
      176 words
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  • PROPERTY
    • Article
      Lock icon Sino Land beats profit forecasts
      387 25 Bloomberg Earnings excluding changes in real estate values up 6.7% to HKs3.6b [HONG KONG] Sino Land Co, this year's best performer in Hong Kong's Hang Seng Property Index, said that full-year profit excluding revaluation gains rose 6.7 per cent on increased apartment sales. Profit excluding
      – Bloomberg  -  387 words
    • Article, Illustration
      Lock icon Hotel in Little India up for auction
      396 25 By EMILYN YAP TEKKA Hotel, comprising nine adjoining two-and-a-half-storey shophouses off Serangoon Road, will be put up for auction at an indicative price of $17 million to $19 million. The refurbished pre-war property in Belilios Lane is on nine titles and has a
      396 words
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      Lock icon URA's Serangoon AVe site likely to draw strong bids
      794 26  -  KALPANA RASHIWALA Higher expectations follow robust bids at Dakota Crescent tender this week By URBAN Redevelopment Authority yesterday launched the tender for a 99-year condo plot at Serangoon Aye 3. Market watchers expect top bids to be towards the upper band
      794 words
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      Lock icon Carlyle readies for return to European property market
      697 26 Reuters [LONDON] The European property unit of private equity titan The Carlyle Group is ready to prise open a 1.2 billion euro (552.5 billion) war chest to resume spending on real estate before the end of 2009. Robert Hodges, the head of
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      Lock icon Building revival may boost Viet office supply, reduce rents
      368 26 Bloomberg [HO CHI MINH CITY] A revival in Vietnamese construction may create oversupply of offices and reduce rents, helping companies to expand, according to research by Dragon Capital. An increase in the central bank's benchmark interest rate to 14 per cent
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      Lock icon Don't overlook mortgage insurance
      932 27 Your death could cost your family their home if you are not covered, says JASON ONG RECENTLY, my client Mr Wong called me for mortgage insurance advice. He had just bought a semi-detached house for close to $2 million. He took a loan of $1.2 million
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      Lock icon Commercial mortgage defaults to rise
      438 27 Bloomberg [SEATTLE] The default rate on commercial mortgages held by US banks will rise to 5.4 per cent in 2011, the highest since at least 1992, as banks anticipate more losses amid falling rents, according to Real Estate Econometrics LLC. The property research firm increased
      – Bloomberg  -  438 words
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