The Business Times, 16 September 2009

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Total Pages: 28
1 28 The Business Times
  • 20 1 THE BUSINESS TIMES 551.00 online at http://www.businesstimes.com.sg Sf_l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Wednesday, September 16,2009
    20 words
  • 764 1  -  KALPANA RASHIWALA UMA SHANKARI Property counters hit, but several projects primed for launching By and [SINGAPORE] Some developers are proceeding with plans to launch their projects despite measures announced by the government on Monday to cool an overheating private housing market. Capita
    764 words
  • 533 1 Bloomberg It may start selling in October the 34% stake it acquired [WASHINGTON] The US Treasury Department and Citigroup Inc have begun discussing how to sell the 34 per cent stake that the government acquired in the rescue of the bank, people
    – Bloomberg  -  533 words
  • 297 1  -  CHEN HUIFEN By [SINGAPORE] At least 20 chefs from various hotels, including five-star establishments, and top Chinese restaurants have been questioned for allegedly taking bribes from a well-known food supplier in Bedok. The chefs are believed to have received kickbacks from the supplier for
    297 words
  • MARKETS DIGEST
    • 28 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
      Bloomberg  -  28 words
    • 47 1 Source: uesi lay lange ICOMP 1,207.47 +4.11 IIKKEI225 10,217.62 +15.56 IANG SENG 20,866.37 -65.83 ;et INDEX 703.16 +8.84 JAKARTA COMP 2,420.11 +37.41 IANILACOMP 2,789.36 -32.37 ;eoulcomp 1,653.40 +18.49 ;henzhen B 528.13 -0.71 IUMBAI IND 16,454.45 +240.26 12 noon EDT Change )OW 9,462.67 +15.97 IASDAQ 2098.14 +6.38
      47 words
    • 44 1 IS$ (S$ per US$) 1.423 (USS/SS ier£) 1.661 2.364 ;.R0 (US$/S$/E) 1.460 2.079 Foreign currency per US$ S$ 'EN 91.10 64.00 3.504 2.461 IK$ 7.750 5.445 !AHT 33.91 23.82 lUPIAH 9.901 6.956 lENMINBI 6.829 4.798 INDIAN RUPEE 48.64 34.17 1.163 0.817 1.425 1.001
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  • Page 1 Advertisements
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  • Page 1 Miscellaneous
    • 50 1 OPINION /I^S^N- TRANSPORT HUB I EXECUTIVE MONEY I TELECOMS T^re tariffs won't m^ _^w Recession-hit Porsche Be more cautious Telstra break-up long J J change trade scene Iq7^[|r^sb>^B tiltSl racers speeding up again towards risk assets overdue: Optus »^%^y RAGE 21 11 |p!%| £^^^JKr RAGE 19 RAGE 28 RAGE 2
      50 words

  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 79 2 SOME developers are proceeding with plans to launch their projects despite measures announced by government on Monday to cool an overheating private housing market. Capita Land Residential yesterday began previewing at its office the Interlace condo to former owners of Gillman Heights
        79 words
      • 55 2 AT least 20 chefs from various hotels, including five-star establishments, and top Chinese restaurants have been questioned for allegedly taking bribes from a well-known food supplier in Bedok. The chefs are believed to have received kickbacks from the supplier for shark's fin, abalone and
        55 words
      • 77 2 THE US Treasury Department and Citigroup have begun discussing how to sell the 34 per cent stake that the government acquired in the rescue of the bank, people familiar with the matter said. The Treasury, which owns 7.69 billion common shares after
        77 words
      • 60 2 THERE is encouraging news for Singapore's battered job market as the economy continues to recover from the country's worst-ever recession. The unemployment rate stabilised in the three months ended June, with fewer redundancies reported and more jobs created, the Ministry of Manpower says
        60 words
      • 57 2 THE losses suffered by the global aviation industry this year will be even worse than initially feared, according to the International Air Transport Association. In an announcement made in Washington yesterday, the airline industry organisation predicted global airline losses will hit US$ll
        57 words
      • 86 2 THREE ex-senior executives of a former Singapore-listed company, Daka Designs, have been charged in Hong Kong with conspiring to defraud shareholders and the Singapore Exchange between early 2003 and May 2005. The trio ex-CEO Raymond Chow, former executive chairman Mah
        86 words
      • 67 2 KDDI Corporation's investment in Singapore-listed systems integrator DMX Technologies is a precursor to more mergers and acquisitions around the region under its aggressive plan to grow overseas sales. "Yes, we are looking at more (acquisitions). In terms of size, this is the
        67 words
      • 69 2 A US federal judge has issued a sharp rebuke, not just for some financiers but for their regulators in Washington as well. Judge Jed S Rakoff voided a US$33 million settlement that Bank of America had reached with the Securities and Exchange Commission over
        69 words
    • 606 2  -  LEE U-WEN Fewer jobs lost, more created than Q1; but re-employment rate falls to new low By [SINGAPORE] There is encouraging news for Singapore's battered job market as the economy continues to recover from the country's worst-ever recession. The unemployment rate stabilised in
      606 words
    • 576 2  -  WINSTON CHAI Telstra has been accused of charging unfair fees By [SINGAPORE] In a bid to curb Telstra Corp's long-standing dominance, the Australian government plans to force the once state-owned monopoly to split up its retail and wholesale businesses, a move which rival Optus
      AFP FILE PHOTO  -  576 words
    • 435 2 Reuters, AP LATEST US DATA [WASHINGTON] Sales at US retailers rose at their fastest pace in three-and-half years in August and a gauge of manufacturing in New York State hit a near two-year high, bolstering views the economy was emerging from recession. The Commerce
      ■ Reuters, AP  -  435 words
    • 635 4  -  YEN SREENIVASAN lata expects global losses to hit USsllb now with dearer fuel, weaker yields By^ [SINGAPORE] The losses suffered by the global aviation industry this year will be even worse than initially feared, according to the International Air Transport
      635 words
    • 558 4  -  TEH SHI NING He emphasises interests of Spore citizens will always come first By [SINGAPORE] The pace at which new immigrants and foreign workers are flowing into Singapore will slow, Prime Minister Lee Hsien Loong said yesterday evening. But Singapore will "need
      THE STRAITS TIMES  -  558 words
    • 680 4  -  UMA SHANKARI Analysts expect sales to remain low for rest of this year By [SINGAPORE] The number of new private homes sold in August 2009 fell sharply to 1,699 as pent-up demand eased and developers raised the prices of some newly launched projects. The slowdown,
      URA  -  680 words
    • 651 4  -  SIOW LI SEN UMA SHANKARI By and [SINGAPORE] Banks here seem to have shrugged off the government's announcement on Monday that the interest absorption scheme (lAS) will be banned with immediate effect, but analysts are less sanguine. Lower home sales
      651 words
  • Page 2 Advertisements
    • 94 2 J http://electronicasia.com Uncommon Opportunities Unrivalled Platform Connecting tomorrow's H electronics worId....TODAY m Real Business through Global Marketplace M Over 560 exhibitors from 17 countries and regions Over 33,000 top quality trade visitors from 131 countries and regions m Themed zones: "World of Solar" and "World of Display Technology" Held concurrently
      94 words

  • Page 3 Advertisements
    • 200 3 It look us 141 years to come lo Singapore. But it was worth the wait. '"'3^^^_^^_!p f? I IB fe;'/"^\--'-"' bjPphb bb mB m m-m-mI Bb^k. |Bp^B l^B I KPaii Hff-'4^r^lPi _^E^3«^^^^_^^-S^B mill J I i _-----L Jbh! H^^BB^^M|^^tJH-| HS^iH i!i^_9__&z«_i_h_n_bi_h iiJß^.w^'' SCHAFFHAUSEN SINCE 1868 'We/come/" KBig Pilot's Watch. Ref.
      200 words

  • Page 4 Advertisements
    • 862 4 W Singapore Licensed Insurance broking firm for sale with ongoing business. Interested, kindly email: a nvoonBB(s)ya hoo.com iv tue matted RE 'n tne Matter of the Companies Act, IN THE MATTER OF In the matter of IN THE MATTER OF IH I lit BIAII EH ur Cop Q PALABORA SINGAPORE
      862 words

  • COMPANY NEWS
    • 588 5  -  JAMIE LEE The trio is alleged to have 'dishonestly falsified' financial records By THREE ex-senior executives of a former Singaporelisted company, Daka Designs, have been charged in Hong Kong with conspiring to defraud shareholders and the Singapore Exchange between early
      FILE PHOTO  -  588 words
    • 837 5  -  R SIVANITHY IN A Monday report on the property sector issued before the government's an-ti-speculation real estate measures were announced in Parliament, a foreign broker said it was positive on stocks of developers because not only was Singapore in the early stages
      837 words
    • 725 6  -  LYNETTE KHOO S-CHIPS IN FOCUS Roadshows, investor conferences feature in drive to draw institutional interest Reports by MORE S-chips are going on a charm offensive to revive interest among institutional investors. And their choice of weapons are roadshows, meetings and investor conferences. Among them
      FILE PHOTO  -  725 words
    • 495 6 Company says it is close to gaining some mandates BOCOM International Holdings, which recently made its first investment in a Sin-gapore-listed Chinese company, is now in talks with a few other S-chips to tap the Hong Kong market. This could
      495 words
    • 248 6  -  JAMIE LEE By HO Chi Minh Stock Exchange will join four other Asean exchanges including the Singapore Exchange (SGX) in the latest Asean e-trading link set up. Bursa Malaysia, the Indonesia Stock Exchange, the Philippine Stock Exchange, SGX and the Stock Exchange of Thailand
      248 words
    • 263 6  -  YEN SREENIVASAN By SINGAPORE Airlines' load factors were relatively stable in August as capacity cuts were largely matched by sluggish traffic. The airline filled 78.3 per cent of its seats, down slightly from August 2008's 79.4 per cent as systemwide passenger carriage (measured
      263 words
    • 334 9  -  WINSTON CHAI DMX's biz footprint in China, Indonesia and Malaysia big draw for Japan telco By KDDI Corporation's investment in Singapore-listed systems integrator DMX Technologies is a precursor to more mergers and acquisitions around the region under its aggressive plan to grow
      334 words
    • 293 9  -  VINCENT WEE By ASCENDAS Funds Management (AFM), the manager of Ascendas Real Estate Investment Trust (A-Reit), yesterday announced the retirement of Benedict Kwek Gim Song and Swee Kee Siong and the appointment of Koh Soo Keong, Henry Tan Song Kok and Monica Villegas Tomlin as
      293 words
    • COMPANY BRIEFS
      • 41 9 METAX Engineering Corporation has announced three contracts secured by its unit Tricaftan Environmental Technology. The contracts, worth about $5.1 million, are expected to have a positive impact on earnings for the current financial year.
        41 words
      • 93 9 PACIFIC Century Regional Developments (PCRD) yesterday said that it is dropping its application to appeal a court decision blocking its buy-out of PCCW in the Court of Final Appeal. While the board continues to believe the case for appeal is strong, the reality of many
        93 words
      • 42 9 TYRE group YHI Holdings said that it is not affected by the US decision to impose tariffs on tyres imported from China. It said that the group does not export China-made tyres to the US.
        42 words
    • 231 9 CHARTERED Semiconductor Manufacturing has issued a response to clarify a commentary (Chartered offer: a case for more clarity?) in BT's Hock Lock Siew column yesterday. The BT commentary had said that "the talking point in Advanced Technology Investment Company's bid for Chartered Semiconductor Manufacturing is
      231 words
    • 341 9  -  ONG BOON KIAT By TO bolster its war chest for expansion and growth, Aztech Group has adopted a scrip dividend scheme which gives its shareholders the option of receiving applicable dividend payments in either cash or shares, or a combination of both. The company announced
      341 words
  • Page 5 Advertisements
    • 210 5 jt fr !!_^^i______________________-^ iii_-_-i <\ ____rHk^__i H_________ l_V 4___H *^_L^_nV^^^_L _E j__ I 11 bauß^- l H -1. VJnr»^i2 ___H v# aJ IW^WI L*^ Every generation of E-Class introduced path-breaking innovations premiere of ATTENTION ASSIST. Using 70 sensors, it constantly This uses two radar sensors to monitor blind spots and
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  • Page 6 Advertisements
    • 833 6 J^"^ SUBSCRIPTION |I-|-rl| ENDS TOMORROW JJj 550.25 per Rights Share KggP 40.5% discount tmJbiji I ■■iji.s#ji _J (to last traded price on 20 August 2009, prior to trading of the Shares UllO Iwla_rill6 LllllllCQ being halted upon request by the Company) IMPORTANT DATES AND TIMES Books Closure Date 31 August
      833 words

  • Page 7 Advertisements
    • 104 7 *T M^fi MM* sMT* it c r Mew HL /J___ r Ml A £t^tM Br __X, V Ef& ts j mm Hk X. »>«fc vJ-k _VJ________. lv v-JH MM^JMmA VHH| J^H V /_^^^^^w TsMmffffmn \*i J* f I _^«fc4U A y l L ___HP^^ V,|'l'T JIT r1 I MMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMmW 1
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  • SINGAPORE MARKETS
    • 591 8  -  R SIVANITHY STOCKS The index's biggest losing contribution came from a US$l.5B drop in Jardine Matheson to U5530.22 THE closure of the Hong Kong market in the morning session because of a typhoon warning meant that local stocks suffered from some loss of liquidity
      _ Bloomberg  -  591 words
    • 99 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 7 3 0 0 0 5 7 3 lanufacturing 76 43 74 83 47 82 Commerce 25 23 23 30 25 25 'pt/Stor/Comms 18 14 11 19 14 12 :inance 13 13 Construction 12 12
      99 words
    • 117 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 37,368 37,368 55,894 55,894 lanufacturing 388,697 20,529 409,226 199,876 1,613 201,489 Commerce 228,384 35,581 263,965 87,704 14,422 102,126 "pt/Stor/Comms 186,667 6,937 193,604 200,199 1,773 201,973 :i nance 20,309 20,309 142,275 142,275 Construction 66,646 28,820 95,466 27,253 759 28,012 'roperties
      117 words
    • 102 8 Capita Land 3.710 -0.010 Noble Grp 2.300 +0.040 CapitaMal 1.790 +0.070 OCBCBk 7.710 -0.030 CityDev 10.040 -0.200 Olam 2.290 -0.030 ComfortDelGro 1.640 +0.030 SGX 8.600 +0.020 Cosco Corp 1.230 -0.020 SIA 13.080 +0.120 IBS Grp 12.960 +0.040 SIA Engg 2.570 :&N 3.980 SMRT 1.670 ienting SP
      102 words
    • 937 8 Telecoms Sector OCBC Investment Research, Sept 15 ALL three telcos Mobile One (Ml), Sing Tel and Star Hub reported a pretty resilient set of results iyBoth Ml and Sing Tel earnings were slightly ahead of our forecast; Star Hub's earnings were in-line. Overall, their earnings demonstrated the resilience
      937 words
    • 395 8 -AFP CURRENCIES [TOKYO] The US dollar rebounded slightly in Asian trade yesterday, getting a modest boost against the yen after outgoing Finance Minister Kaoru Yosano said rapid swings in currency rates were undesirable. The US dollar rose to 91.10 yen in Tokyo afternoon trade, up
      -AFP; BLOOMBERG  -  395 words
    • 4 8 DAILY
      4 words
    • 57 8 CLOSE IT OB/OS -75.00 -28.C IT CADI -*****.00+102. IT 10-day MA -*****.00 -8.0i TSE ST Mid Cap 611.50 +3.9. TSE ST Small Cap 545.05 +3.31 TSE ST All Share 649.98 +0.61 TSE ST China Top 278.47 +0.8 TSE ST China 278.71 +1.2 TSE ST Catalist 1419.39+37.3: TSE
      57 words
    • 63 8 VOLUME Gentinq SP 122,758,000 HG Metal 101,130,000 Sinotel Tech 66,330,000 Golden Agri 64,290,000 GMG Global 55,711,000 Yinq Li 49,815,000 Sinomem Tech 48,054,000 China Honqxinq 47,498,000 Uni Envtech 45,127,000 InnoTek 42,992,000 VALUE(S) Gentinq SP 131,351,590 Capita Land 105,378,710 CityDev 94,271,385 DBS Grp 58,986,732 Straits Asia 56,532,160 Sinotel Tech
      63 words
    • 99 8 CLOSE UP LP 10US$ 9789 55.5 0.4 lardine C&C 2380 46.0 2.' MS India 10US$ 1346 35.6 1. ilA.ES.0909 1326 30.0 2. India Ni 10 1435 19.0 1. IS MSCI India 100 608 18.5 2.. itraitsAsia 228 15.0 7.' 'ini Li 65.5 14.0 27.. Con 814 13.0 1.' ixor
      99 words
    • 117 8 CLOSE DOWN 3022-224.8 -5.0 IMH DBXT Ni 10US! *****-209.1 -1.4 DBXT S&P Short 10US! 5891 -83.9 -1.0 Kej ■and.ES.0909 264 -21.0 -7.4 At 1004 -20.0 -2.0 At ES.0909 1004 -20.0 -2.0 lUE 960 -20.0 -2.0 ICBC.ES.0909 774 -13.0 -1.7 DBS Bk6% NCPS 10 ***** -10.0 -0.1 I seta n
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    • 83 8 Sen 15 %CHNG CLOSE FRSepU YR SSLOW R2009 S$ HIGH USS 1.4232 0.19 1.5579 1.4226 Euro 2.0764 -0.16 2.0764* 1.9150 Pounds 2.3635 -0.25 2.4366 2.0356 1.2243 -0.26 1.2315 0.9453 ren* 1.5624 0.50 1.7278 1.4831 Rupiah* 0.***** -0.29 0.***** 0.***** Baht* 4.1975 0.04 4.3390 4.1040 Peso* 2.9443
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  • Page 9 Advertisements
    • 16 9 CATS Recruit The first step on your ladder to success -5? \o o ■O D < (J
      16 words
    • 84 9 jmMMMMMMJtM*. The Entrepreneur M m^ of the year s T j^^^, A ROTARY-ASME AWARD "^X Winner, EVA 2009 Dear Mr. Derrick Ong, a Congratulations on winning the Entrepreneur of the Year Award 2009. We trust that under your stewardship, POWERPLUS has come into its J^fe I own and achieved worldwide
      84 words

  • SINGAPORE NEWS
    • 428 10  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT 'Third-party exclusion' process simplified with amended Bill Reports by THE government yesterday assured Parliament that it will put in place social safeguards "more stringent than that in other jurisdictions" when the casinos here open for business. "Besides the
      428 words
    • 406 10 PARLIAMENT yesterday agreed without debate to extend the power of the Copyright Tribunal, allowing it to hear licence disputes on all types of copyright works. With the Copyright (Amendment) Bill being waved through Parliament, the tribunal can also act as a check against licensing agents with
      406 words
    • 426 10  -  NISHA RAMCHANDANI By IN a world of economic upheaval, it's always heartening to find a helping hand when you need one. And the fund-raising efforts for the community event Children for Children, in aid of Child Aid, have already
      ARTHUR LEE  -  426 words
    • 430 10  -  JOYCE HOOI Motor vehicle sales down 28% on cut in COE quotas By THE retail sector in Singapore continued its dejected trudge through the downturn in July, with sales falling 1.6 per cent month-on-month on a seasonally adjusted basis. Year-on-year, retail sales fell
      430 words
    • 314 10  -  NISHA RAMCHANDANI By SINGAPORE may be a more attractive travel destination now, after the average hotel rate plummeted as much as 35 per cent year-on-year to US$l4l in the first half of this year the fifth-biggest decline worldwide. Globally, the
      314 words
    • 217 10 SOPHIA Pang, 36, will be the first Singaporean woman to reach the South Pole in January 2010 in a first all-wom-en expedition, The aim of the expedition is to promote greater understanding among nations and highlight the achievements of women. Representing five continents,
      217 words
    • SINGAPORE ROUNDUP
      • 23 10 SINGAPORE and Austria yesterday signed a protocol amending their Standing Agreement for the Avoidance of Double Taxation.
        23 words
      • 52 10 NGEE Ann Polytechnic and Eurocopter South East Asia signed a memorandum of understanding yesterday under which the polytechnic's aerospace technology diploma students will attend classes at Eurocopter's Loyang premises. Eurocopter will also help the polytechnic set up facilities to teach basic structural repair processes
        52 words
      • 45 10 ALL walkabout tickets for the 2009 Singapore Formula 1 Grand Prix have been sold out. Fewer than 500 grandstand seats are left for the Bay area and fewer than 400 for the Pit area, race promoter Singapore GP said yesterday.
        45 words
    • 478 10  -  FELDA CHAY Survey finds them keen on growing ops, branding, mktg By THEY may be called small and medium enterprises, but the economic turmoil has not caused SMEs to stagger backwards when it comes to growing their business, a survey
      478 words

  • BT-NBS ROUNDTABLE
    • 2982 11 OVERVIEW AS the global economy is coming out of one of its deepest recessions, investment activity has picked up strongly and stock markets have recovered, hitting new highs this year. While abundant liquidity is one clear reason for the current stock-market boom, once again there
      2,982 words
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  • ECONOMY WATCH
    • 737 12 Bloomberg OBAMA'S BANK PLANS Some fear instability as firms seek loopholes around the proposed rules [NEW YORK] US President Barack Obama's call for Wall Street to embrace his overhaul of banking drew support from industry representatives and concern that the new rules
      – Bloomberg; XINHUA  -  737 words
    • 370 12 ■Bloomberg [WASHINGTON] President Barack Obama said most experts believe the US economy has "turned the corner" and he is leaning against a second economic recovery package. "Most folks believe that we've now turned the corner where we might actually start seeing some
      ■Bloomberg '  -  370 words
    • 371 12 ■AFP [LONDON] Britain hopes to make progress this autumn with plans to force banks to write "living wills" that would allow them to be wound down more easily in the event of another financial crisis, a Treasury official said.
      ■AFP  -  371 words
    • 479 12 ■AP Inflation likely to undershoot 2% target: governor [LONDON] Bank of England governor Mervyn King said yesterday that the British economy is slowly emerging from its deepest recession since the Second World War but that inflation, which fell in August to a
      ■AP  -  479 words
  • Page 12 Advertisements
    • 278 12 U A U R )g|«_i3^__Bi_^_^_______________M II 11 New vibrant freshness unfolds at Szechuan Court with this season's introduction of I Mini Snow-Skin Feuilletine-Hazelnut with Wafer Crunch Nuts Mooncake and Baked ,r U *^> t "V* Mooncake with Single Yolk in Red Lotus Paste, making their scrumptious and finger-licking FMm^ .v^SMfc
      278 words

  • MALAYSIA/INDONESIA
    • 421 13  - M'sia oil gas shares rise on Gorgon hopes PAULINE NG Ana lysts believe M'sian firms could land contracts from the Aussie project By in Kuala Lumpur SHARES of Malaysian oil and gas companies rose yesterday on expectations Australia's massive Gorgon gas project could result in some contract spin-offs. The lack
      421 words
    • 422 13 Reuters She says govt debt still within prudential levels [PARIS] Malaysia has room to press ahead with economic stimulus measures this year and next given sound levels of government debt and the need to counter the global crisis, the head of the country's
      Reuters  -  422 words
    • 386 13 Reuters [JAKARTA] Indonesia will allow contractors to export natural gas if there are no domestic buyers for it, according to a government decree obtained by Reuters yesterday. The decree has implications for the US$3.7 billion Donggi-Senoro project in Sulawesi, given
      – Reuters  -  386 words
  • Page 13 Advertisements
    • 279 13 ___________Bl MMMMMMMMMMMMMMMMMmmmmwM m fl CELEBRATING MID-AUTUMN WITH MERITUS Af fc 4& This mid-autumn festival, Marina Mandarin and Meritus Mandarin present tantalizing mooncake creations from the jt^ j^ traditional to the novel. Am -sj" *L Indulge in old-time classics and savour innovative creations such as Marina Mandarin's Mini Strawberry Snow Skin
      279 words

  • GREATER CHINA/INDIA
    • 800 14 Bloomberg, AP, Reuters China also says low possibility of trade war; wants to avoid harming relations [WASHINGTON] President Barack Obama downplayed the possibility that his imposition of tariffs on imported tyres from China would spark a cycle of retaliation. "We're not going to
      – Bloomberg, AP, Reuters; AFP  -  800 words
    • 267 14 -Reuters It seeks all papers, facts before engaging MTN [CAPE TOWN] South Africa's communications regulator said yesterday that it was unsure if mobile phone group MTN's proposed tie-up with India's Bharti Airtel would get approval before the end of the year. "I
      -Reuters  -  267 words
    • 345 14 Bloomberg [BEIJING] Foreign direct investment (FDI) in China, sapped by the global financial crisis, climbed for the first time in 11 months in August from a year earlier as the nation's economic recovery gathered pace. Investment rose 7 per cent to
      – Bloomberg  -  345 words
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      106 words

  • ASIA-PACIFIC
    • 634 15  -  ANTHONY ROWLEY He may spring some surprises, create new posts to make use of special talent By. in Tokyo FURIOUS speculation continued into last night over who will be appointed to key posts in the Cabinet of Democratic Party of
      AP  -  634 words
    • 581 15 Bloomberg [SYDNEY] Billionaire media moguls Rupert Murdoch, James Packer and Kerry Stokes may vie for Australia's biggest pay-televi-sion network after the government said Telstra may have to sell its 50 per cent stake in Foxtel. Telstra may be barred from
      Bloomberg; AFP  -  581 words
    • 511 15 AP, Reuters [PUTRAJAYA, Malaysia] Lotus is returning to Formula One racing. FIA, the sport's governing body, yesterday awarded Lotus the 13th spot on the grid for the 2010 season. Lotus has been out of Fl since 1994. The team, initially based in
      AP, Reuters  -  511 words
    • 207 15 Reuters [BANGKOK] Thailand passed a tough security law yesterday, giving the military broad powers to control a planned street rally this weekend by supporters of exiled former premier Thaksin Shinawatra. The Internal Security Act (ISA) allows troops to restrict movements of protesters and
      – Reuters  -  207 words
    • 688 15 Reuters They may abstain from illiquid but higher-yielding assets [LONDON] Growing pressure on sovereign wealth funds to open their books and enhance transparency may force them to cut their investment horizons short and discourage them from investing in illiquid but hi-gher-yielding assets.
      – Reuters  -  688 words

  • WORLD
    • 658 16 NYT He accuses SEC of failing in cop role, BOA execs of irresponsibility [NEW YORK] As President Barack Obama travelled to Wall Street on Monday and chided bankers for their recklessness, across town a federal judge issued a far sharper rebuke, not just for
      NYT  -  658 words
    • 908 16 -AP Magazine hit by cut in ad spending due to financial crisis [NEW YORK] Numbers sometimes tell a story. And the figures for BusinessWeek suggest it is having one tough time. Bids were due yesterday for the magazine, which Mc-Graw-Hill has owned for
      -AP; BLOOMBERG  -  908 words
    • 435 16 -AP [SAN FRANCISCO] Google is testing a new format that is supposed to make reading online stories as easy as flipping through a magazine, a shift that eventually could feed more advertising sales to revenue-starved publishers. The Internet search leader unveiled the
      -AP; I AP  -  435 words
    • 597 16 -AP Treasury review of pay at these firms still ongoing [WASHINGTON] Companies that received billions of dollars of US government aid have published policies meant to limit lavish expenses, new rules that follow reports of costly private jets, spa retreats and other
      -AP  -  597 words
    • 474 16 Reuters [LOS ANGELES] Wells Fargo Co has fired a senior vice-president after investigating reports that she held lavish parties at a foreclosed beachfront Malibu house owned by the bank. The fourth-largest US bank said in a statement on Monday that it
      ■ Reuters  -  474 words

  • TransportHUB
    • 668 17  -  VINCENT WEE But financing, falling ship values still haunt container ship market: DNV COO By THERE is reason for some optimism in the offshore supply vessel market despite the risk of some over-tonnaging among supply vessels, as long as oil prices stay in the US$7O
      FILE PHOTO  -  668 words
    • 844 17  -  DAVID HUGHES STRAIT TALK By APAN will start developI ing a high-speed ship that I can cruise at speeds much I faster than conventional transport ships and cross the Pacific in about three days, the Transport Ministry said on Tuesday. The ministry said it has
      844 words
    • 334 17  -  YEN SREENIVASAN By JET Airways flights to India are back to normal, with the pilots' strike now over. Gerry Oh, the airline's Singapore-based regional vice-president for Southeast Asia, said yesterday that schedules for daily flights between Singapore and the three Indian destinations of
      334 words
    • 118 17 Bloomberg [LONDON] The global container fleet will expand at the slowest pace this decade in 2009, AXS-Alphalin-er said, after cutting its growth forecast because lines are delaying and scrapping ships amid the global recession. The capacity of the worldwide fleet will grow 7.3
      – Bloomberg  -  118 words
    • TRANSPORT STOCKS
      • 105 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.64 0.32 1.23 0.63 1.89 0.61 0.05 0.48 0.47
        105 words
      • 37 17 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brief PDZ Holdings 0.94 8.99 8.82 3.10 3.00 unch 0.09 -0.02 0.09 0.10 unch -0.01 unch unch 81 680 446 60 6 0 1590
        37 words
      • 12 17 '00 ■recious Ship Jegional Cont 18.10 11.30 0.30 0.10 2004 1911
        12 words
      • 11 17 '000 Doil iingamas Cont .41.95 ...1.44 -1.35 -0.04 62' 7691
        11 words
      • 20 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 22.00 unch unch unch -0.50 unch unch 41" 299S
        20 words
      • 16 17 Evergreen Marine ...20.15 :irst5teamship 38.65 /Van Hai Lines 17.70 0.50 0.25 0.35 3 1 2
        16 words
      • 39 17 '000 :awasaki Hvy Ind ...230.00 :awasaki Kisen 388.00 Mitsubishi Hvy 354.00 /litsui Eng&Sbldg ..253.00 Mitsui Osk Lines ....583.00 Jippon Express 377.00 Jippon Yusen 385.00 -2.00 ***** -8.00 275! -5.00 1098; 6.00 75& -6.00 960i -6.00 223' -5.00 677'
        39 words
    • 396 17  -  YEN SREENIVASAN They suggest traffic downtrend may have bottomed out By CALL it a green shoot or a blip, but after a year-long slump, Changi Airport group recorded its first first year-on-year rise in traffic last month. Although operator Changi Airport Group refused to
      396 words
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  • TRANSPORT HUB: AVIATION
    • 986 18 NYT, Reuters American Airlines, Delta in race to tie up with embattled Japanese carrier [TOKYO] A last-ditch effort by the biggest airline in Japan to raise money and avoid bankruptcy has set the stage for a battle between Delta and American Airlines. To complicate
      ■ NYT, Reuters; AFP FILE PHOTO  -  986 words
    • 593 18 -AP [ATLANTA] Delta Air Lines Inc, the world's biggest airline operator, said on Monday its available cash on hand will continue to fall by the end of the year as demand for air travel has been hit hard by the economic downturn. The
      -AP  -  593 words
    • 242 18 They seek cheaper flights amid economic slowdown [SINGAPORE] Low-cost carriers (LCCs) such as Tiger Airways are flying high as business travellers continue to opt for cheaper seats amid the economic slowdown. "We've seen an increase in business travel. About 15 per cent of our
      ALBERT SIM/THE STRAITS TIMES  -  242 words
    • 268 18 Bloomberg [KUALA LUMPUR] Air Asia Bhd, South-east Asia's biggest discount carrier, raised RM505.4 million (Ss2os million) in a private placement of shares aimed at cutting debt. The company sold 380 million new shares at RM1.33 apiece, it said in a statement to the Kuala
      ■ Bloomberg \; BLOOMBERG  -  268 words
    • 219 18 Reuters [COPENHAGEN] Copenhagen Airport said on Monday it had agreed a new system of airport charges and would invest at least 2.6 billion crowns (***** million) in infrastructure expansion and improvements. The investments of at least 500 million crowns per year on average would
      Reuters  -  219 words
  • Page 18 Miscellaneous
    • 381 18 CRYPTIC CROSSWORD il[2 I rrn rrn rrn I pZlZiZ|ZlZil___ZiZ 10 Hu I ZlZlztlZlZlZlZ 12 113 Z|ZiZiZ-.ppZiZiZ 14 15 llliZ-CpZiZ-tjt 18 ZiZIZ-B-HzpzpT^ 21 122 I H23 I ZIZIZiZ-t_i___i__J-l 24 Kg ZlZi~iZlzlZiZiZ 26 H27 Across 4 The night rider's friend is I Exhausted couple apt to col- someone of unknown polapse, needing
      381 words

  • TRANSPORT HUB: LAND
    • 530 19  -  SAMUEL EE The Porsche Carrera Cup Asia will be the official Formula One support race By MOTORSPORTS has been hit by the global recession and Fl support race Porsche Carrera Cup Asia has not been spared either. The one-make racing series has seen this
      530 words
    • 272 19 -AP [FRANKFURT] Alfa Romeo boasts that its new MiTo compact has the speed and handling expected from a sports car, with the added bonus of greater fuel efficiency 10 per cent more power with 10 per cent less consumption.
      -AP  -  272 words
    • 438 19  -  VINCENT WEE Survey of 32 firms in S&P 1200 reveal nearly USs6b lost By A SURVEY by Ernst Young (E&Y) has found that rising supply chain costs have cost global consumer products companies up to US$6 billion of losses in the past three
      438 words
    • 286 19 -AP [FRANKFURT] German carmaker Volkswagen AG said it would unveil several new models at this week's Frankfurt Auto Show, including an electric car called the E-Up. At a reception before the start of the show on Monday evening, the company said
      -AP  -  286 words
    • 608 19  -  SAMUEL EE By TYRE makers may have slick and efficient websites but they rarely translate into sales in Asia, some manufacturers say. Rather, the Internet is used mainly for research before people go to dealers to buy tyres. Michelin, one of the
      608 words
  • Page 19 Advertisements
    • 115 19 Discover medical excellence and retail therapy under one roof Paragon Medical houses over 60 world-class specialists who are delighted to serve you with utmost attention, delivering standards that can only be exceeded by their medical precision. Experience medical exclusivity at its best, a perfect complement to unrivalled shopping enjoyment at
      115 words

  • EDITORIAL & OPINION
    • 480 20 A RECENT survey of 153 institutional managers from around the world with some US$2.3 trillion in funds under management found that the majority believe the financial crisis is not over. The survey was conducted by FTI Consulting, who reported this week that, of the US
      480 words
    • 1261 20  -  ANTHONY ROWLEY Emerging dichotomy between DPJ and businesses over basic issues points to further friction WITH the auguration of Yukio Hatoyama as prime minister today comes not only Japan's first change of elected government in more than 50 years but also the prospect
      REUTERS  -  1,261 words
    • 772 20  -  FRANK CHING THE BOTTOM LINE EVER since the *****, China has subscribed to the principle of non-interference in the internal affairs of other countries, which was first written into a treaty that it signed with India in 1954. Since then, China has
      772 words
    • 1276 21  -  EDWARD GRESSER They will probably last 3 years, have some modest effects on trade flows, production, and all will look much the same By I Sometimes a small pebble, dislodged from a mountainside, turns out to be the trigger of an avalanche that leaves
      AP  -  1,276 words
    • 1121 21  -  LEON HADAR LATE last Friday night as everyone in Washington was asleep, the White House imposed 35 per cent tariffs on tyres from China. President Barack Obama and his top aides may have hoped that issuing a press release at the
      1,121 words


  • SINGAPORE STOCKS
    • 8999 22 Transaction date: Sep 15 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] 17 3 3148 -Telecom 9.5 2.5 5834 A-Sonic 31.5 12 5000 ABR Hldgs 14.5 5.5 1938
      8,999 words
    • 1617 23 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
      1,617 words
    • 415 23 Wk Tel Low Code Last Sale Vol C000) Low Last (uote Seller Div C'vr Net P/E riCap $mil hjil Comi __ii 110 100 6389 AFJFSG Bond ETF 109.9 +0.9 762 427 CIMBAsean40 100US$ US756 +8 274 149 DBS STI ETF 100 270 -2 4195 3534 DBXT DJE50 10USS
      415 words
    • 239 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
      239 words
    • 9476 23 UNIT TRUSTS FUNDS HTTTTTXTnTTim^H Allianz ■■miMIikUCIJBdIH A ianz AIG Global Investment Corporation (S) Ltd PIMCO I AIGIF Acorns of Asia Balanced Fund!S 2.02/ PIMCO < AIGIF Spore Bond Fund/A 1.34/ PIMCO < APS Asset Mgt Pte Ltd PIMCO i APS Alpha Fund!** 1.08/ PIMCO APS Alpha Fund (USD)!** 0.75/ PIMCO
      9,476 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 371 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Se| 14 World Index Preliminary 789.7 -0.3 16.5 -0.4 19.5 -0.5 21.1 EAFE Preliminai 754.2 -0.6 16.2 -0.7 23.0 -0.8 24.6 Euroi Prelim inan 1067.3
      371 words
    • 122 24 As at 9am Sep IS Singapore dollars to one unit if foreign currency: Currencies Bid Offer Aust dollar 1.2160 1.2520 .an dollar 1.3070 1.3210 luro 2.0690 2.0920 IZ dollar 0.9900 1.0110 iterlini ind 2.3500 2.3770 JS dollar 1.4140 1.4300 .ocal dollars to 100 units if foreign
      122 words
    • 154 24 Sep IS Iverniqht -month -months [-months Overnight mode: 1/8 IS$ 1/8 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 Bid 1 days I month > months 1 months d months months 12 months tAu 0.33 0.35 0.48 0.50 0.75 1.20 1.30 Offer 0.23 0.25 0.28 0.30 0.55 0.80
      154 words
    • 26 24 Sep IS iTI Se 2647 2651 2639 IIMSCI Se 316.3 318.9 315.6 "aiwan Se 265.2 270.0 269.0 Source: MF Global (S) Pte. Ltd
      26 words
    • 18 24 Sep IS Bid Offer -month 1.4229 1.4243 1.4230 1.4245 {-months 1.4232 1.4247 i-months 1.4236 1.4251
      18 words
    • 187 24 Sep 15 (UbbbK Futures (Closing prices) ISS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l (lots) 3ct 09 Mov09 Dec 09 207.0 Ian 10 207.5 =eb 10 Vlar 10 207.0 207.5 213.0 213.0 213.0 213.0 213.0 213.0 20 20 422 555 897 771 451 574
      187 words
    • 87 24 Sep IS 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low l-Month BQ*****X 17.12.2009 -Year BY*****W 03.05.2010 0.33 0.39 0.28 0.28 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 l-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year
      87 words
    • 100 24 Sep 14 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 09 925.00 984.50 990.50 920.00 Nov 09 909.00 903.00 910.00 892.00 Jan 10 913.75 910.00 914.50 899.75 Mar10 918.25 915.50 919.00 906.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 09 33.15 33.36 33.26 32.99 Oct
      100 words
    • 75 24 CRUDE OIL PRODUCTS Sep 14 origin) t/barrel Close Cham irent blend (1-Mth F) 68.17 -1.89 VTI (Near Mth) 68.82 -0.52 3ubai (1-Mth F) 67.23 -2.30 "apis blend 67.65 -3.05 i/linas 69.15 -4.30 >RODUCT JSS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 66.22 73.40 -1.7: -2.5I USS/barrel )pec Oil Basket Price
      75 words
    • 448 24 Sep IS Iuro ren ton 'eso 'am 'ouni Australia 0.932 5.873 0.589 6.666 41.837 85.158 0.784 10.479 3.013 1.226 71.152 41.571 1.224 6.395 0.892 28.062 29.169 0.518 0.860 :anada 1.073 6.300 0632 7.150 44.878 91.346 0.841 11.240 3.232 1.315 76.323 44.592 1.313 6.860 0.957 30.101 31.288 0.556
      448 words
    • 78 24 Sep IS (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9mths 1.***** 12 mths 1.*****
      78 words
    • 149 24 Sep IS lurrencies Bid Offer Bid Offer ,$IUS$ to one unit of foreign currency: Australian dollar 1.2232 1.2252 0.8598 0.8603 "anadian dollar 1.3122 1.3141 0.9223 0.9228 luro 2.0774 2.0800 1.4602 1.4606 IZ dollar 0.9982 0.9993 0.7016 0.7017 aterlini 2.3623 2.3650 1.6604 1.6607 IS dollar 1.4227 1.4241 ,$IUS$
      149 words
    • 132 24 Sep 75 /oz) [ep [ep long Kong .ondon 996.80 993.70 997.80 994.70 Sep 14 Sep 11 1000.10 1007.70 1001.10 1008.90 Source: Thomson Reuters CAST BAR (SS) Sep IS Buying Sellini Kilobar "48,949.29" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm JOgm OOgm oz ozUBS Kinebar™
      132 words
    • 62 24 luminium, 99.7% urity (USS/tonne) Close Previous :ash 1800.50 months 1834.00 1812.75 1845.00 Copper, Grade A (USS/tonne) ;ash months 6123.75 6140.00 6235.25 6250.00 .ead (USS/tonne) :ash 2078.50 months 2105.00 2042.50 2065.00 lickel (USS/tonne) :ash I months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) .ash *****.00 *****.00 months *****.00 *****.00 Inc.
      62 words
    • 73 24 Sep 14 (£/tonne) Close Prev Hii ih/Low ,ep09 1927 1918 1930/1895 )ec09 1937 1946 1952/1928 vlar 10 1941 1947 1952/1931 i/lay 10 1946 1952 1955/1936 lOFFEE (USS/tonne) Close Pev High/Low iep09 1491 1474 1487/1465 Mov09 1505 1488 1510/1475 Ian 10 1523 1510 1529/1498 SUGAR (US tonne) White Close Prev
      73 words
    • 60 24 Sep IS lelivery lonth Opening Range Sett Av Price Price Hii Vol Open Done Position Low Sep 09 2174 2174 2174 2174 38 51 3d 09 2134 2149 2150 2124 1796 4728 tov09 2098 2100 2118 2085 9253 ***** )ec09 2087 2090 2110 2077 3463 ***** Total o/p:
      60 words
    • 287 24 Sep IS URODOLLAR FUTURES 3ec09 VlarlO Iun10 >ep10 99.5550 99.3500 99.0300 98.6700 6656 4115 5086 2050 EUROYEN TIBOR FUTURES 3ec09 99.540 99.540 Vlar10 99.560 99.560 Iun10 99.560 99.565 iep10 99.535 99.535 3ec10 99.490 99.490 Vlar11 Iun11 >ep11 99.525 99.560 99.560 99.535 99.490 99.530 99.560 99.555 99.540 99.500
      287 words
    • 2248 24 BONDS, WARRANTS EXTENDED SETTLEMENT Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 2036AdvanceSCTLtdW*****9 0.5 1 15 12 4.71 1 87 1358 12.00 56 11 Ascendas REIT.ES.0909 172 8756#AsiaticGrp(H) LtdW*****2 7.5 4105#Asiatravel W*****7 30 3 231
      2,248 words

  • Page 25 Advertisements
    • 2924 25 m The Business Times vmm Shipping Times A m*M KPI Mm\ WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M M f^T^l W ■.%-E MlWllrfWp'r^Mf fl fm jiaffl VxVl\ IAIA M UAI I I MFC "b *****588 (14 LINES) FAX: *****163 I 1 H|WS SM*SfSißb Vl^^B 1 WAN HAI INt--l FKL
      2,924 words

  • Page 26 Advertisements
    • 3666 26 ITin eastern car liner, ltd sJ sJ J r///« Hf— I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA BlfflSufltt^ VOY _RohlKlj_ Ll Nl'-U— L« JIN^ PgL_ JKT^ SUB < L j. i:i i:i E piihi; UHIAIIIERSIO<LL
      3,666 words

  • EXECUTIVE MONEY
    • 1643 27  -  JOANNE GOH The Singapore Exchange now quotes 40 ETFs exchange-traded funds that provide diversification for investors INVESTORS, big or small, are now a step closer to seizing investment opportunities offered by the global markets while trading within the convenient, efficient and regulated environment of SGX.
      1,643 words
    • 708 28 Valuations are rich and it will be tough to make more gains, reports GENEVIEVE CUA INVESTORS should take a more cautious stance towards risk assets as markets' price appreciation over the last few months is raising valuation concerns, says Debashish Duttagupta,
      ARTHUR LEE  -  708 words
    • 558 28  -  GENEVIEVE CUA By SINGAPORE consumers generally trust insurance companies more than their global counterparts, a study by IBM has found. But they are unwilling to pay higher premiums for attributes that they value. A survey by IBM's Institute for Business Value
      558 words
    • 781 28 AP [NEW YORK] In the aftermath of the great meltdown of 2008, Wall Street's quants have been cast as the financial engineers of profit-driven innovation run amok. They, after all, invented the exotic securities that proved so troublesome. But the real failure, according
      AP  -  781 words
  • Page 27 Advertisements
    • 244 27 Call 6-222 6868 to find out AcCOUlltServe ******6 tOCI 3V. www.AccountServe.com.sg MM-^__MW-_M_M s^___iu__^i__2_i_£_i_y_a_u^B The market may have its potential pitfalls, but manage your investment risk well, and you can make the most of any market condition. Join us at our Trading Mindset seminar, where our speaker will share his insights
      244 words

  • Page 28 Advertisements
    • 233 28 PHILIPPA <£) (5) (Q\ 'J rv*JU r commitment strategy behaviour lifetime financial strategies' Markets are rebounding from the darkest days of the financial crisis but the world is not in calm waters yet. How should you position your assets into the substantial opportunities, while protecting against the obvious {and unexpected)
      233 words
  • Page 28 Miscellaneous