The Business Times, 18 December 2009

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Microfilm: NL30339
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 The Business Times Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, December 18,2009
    23 words
  • Article, Illustration
    Lock icon SGX keeping 'Prime watch' on ex-CEO
    536 1  -  CONRAD TAN It says his return to Prime Partners not necessarily a breach of non-compete clause By [SINGAPORE] The Singapore Exchange (SGX) said yesterday that it reserves the right to deny former chief executive Hsieh Fu Hua shares that it awarded him just before
    FILE PHOTO  -  536 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      87 1 uss SS US$ (S$ per US$) 1.402 (USS/SS per 1.622 2.275 EURO (US$/S$/E) 1.440 2.020 Foreign currency per US$ S$ YEN 89.70 64.00 RM 3.436 2.450 HK$ 7.756 5.531 BAHT 33.24 23.70 RUPIAH 9,488 6,765 RENMINBI 6.829 4.869 INDIAN RUPEE 46.81 33.38 1.122 0.800 NZ$ 1.402 1.000 1COMP 1,266.97
      87 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.073 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75 Bloomberg Source:
      Bloomberg  -  29 words
  • Article, Illustration
    Lock icon It's payback time with AIA set for HK listing
    598 1  -  JOYCE HOOI IPO may raise up to USs2ob; proceeds will help parent AIG clear some of its dues By [SINGAPORE] Troubled insurance giant American International Group (AIG) is listing its Asian life assurance unit American International Assurance (AIA) Group including AlAs
    FILE PHOTO  -  598 words
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      27 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.073 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWIT2ERLAND 0.53 INDIA 11.75 Source: Bloomberg
      27 words
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      105 1 I* V, ballon bleu de Cartier 18K pink gold 42 mm case. Self-winding mechanical movement, Cartier calibre 049 (21 jewels, ***** vibrations per hour), date aperture. mh Blue sapphire cabochon set on pir i a fluted crown. Silvered lacquered ,4M opaline guilloche dial. Rounded _r scratchproof sapphire crystal. lmmwoßtof^m\ mmm^.
      105 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      114 1 HOCK LOCK SIEW CINEMA K. J#i| jg OPINION BOOKS v £^7 Reliance on cheap money Enjoying its deserved rHr 'IB A troubling alliance 0 Christmas £ggs" -%^^9 is dangerous moment in the sun r V" against DPJ leaders twee RAGE 4 RAGE 27 /^^W RAGE 18 PAGE 28 f 111
      114 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Spore backs legally binding climate change accord
      535 2  -  CHUANG PECK MING Even if there's an agreement, ultimate test is in carrying it out, says PM Lee By in Copenhagen SINGAPORE yesterday pledged its support for a legally binding global agreement on climate change but made clear it wants rich nations to
      XINHUA  -  535 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon It's payback time with AIA set for HK listing
        33 2 INSURANCE giant American International Group is listing its Asian life assurance unit American International Assurance Group on the Hong Kong Stock Exchange. FRONT PAGE
        33 words
      • Article
        Lock icon SGX keeping 'Prime watch' on ex-CEO
        47 2 THE Singapore Exchange reserves the right to deny former chief executive Hsieh Fu Hua shares that it awarded him just before he left if he engages in activity that conflicts with SGX's interests within a year of his departure. FRONT PAGE
        47 words
      • Article
        Lock icon Singapore backs legally binding climate change agreement
        42 2 SINGAPORE yesterday pledged its support for a legally binding global agreement on climate change but made clear it wants rich nations to undertake deep cuts in emissions of heat-trapping greenhouse gases. TOP STORIES, PAGE 2
        42 words
      • Article
        Lock icon Court backs IDs to put Sino-Env house in order
        44 2 THE independent directors of troubled Sino-Environment Technology Group have secured a court order to call a shareholders' meeting to boot out the executive directors and seize control of the bank accounts. TOP STORIES, PAGE 3
        44 words
      • Article
        Lock icon GlC's stake in Citi diluted to 4%
        54 2 THE Government of Singapore Investment Corporation's stake in Citigroup will be diluted by a fifth after the US bank priced its new share issue at such a steep discount that the US government chose to delay selling its own shares in the firm.
        54 words
      • Article
        Lock icon KL unveils ambitious plan to revamp govt
        29 2 MALAYSIA yesterday unveiled its so-called government transformation programme, aiming for, among other things, open tenders for all government projects. MALAYSIA/INDONESIA, PAGE 13
        29 words
    • Article
      Lock icon Exports grew 87% in Nov despite electronics slide
      478 2  -  OH BOON PING By [SINGAPORE] Higher nonelectronics domestic exports sparked a sharp turnaround in Singapore's non-oil domestic exports (NODX) last month. NODX grew 8.7 per cent, after a 6.2 per cent drop in October. Electronics NODX contracted 6.1 per cent last month
      478 words
    • Article
      Lock icon Copenhagen: just Doha by another name?
      735 2  -  JOYCE HOOI COMMENTARY Same old wranglings, same echoes of self-interest and similar lack of progress By [SINGAPORE] YOGI Berra, bless his soul, would have told you that it's deja vu all over again. Of course, it's terribly likely that he would have said this
      735 words
    • Article
      Lock icon Coffee, Branson or Fernandes?
      164 2 AP [KUALA LUMPUR, Malaysia] British billionaire Richard Branson might be serving coffee on budget carrier Air Asia wearing a female flight attendant's uniform following a friendly bet over Formula One racing. Mr Branson and Air Asia's boss, Tony Fernandes, are both spearheading new Fl teams for
      AP  -  164 words
    • Article
      Lock icon Court backs IDs to put Sino-Env house in order
      527 3  -  JAMIE LEE IDs are granted an order to convene an EGM within 21 days to remove the EDs By [SINGAPORE] The independent directors (IDs) of troubled Sino-Environment Technology Group may soon be able to boot out the executive directors (EDs) and
      527 words
    • Article, Illustration
      Lock icon GlC's stake in Citi diluted to 4%
      808 3  -  CONRAD TAN But it is confident of bank's long-term prospects; not in hurry to sell shares By [SINGAPORE] The Government of Singapore Investment Corporation's (GIC) shareholding in Citigroup will be diluted by a fifth after the US bank priced its new share issue
      AP  -  808 words
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      172 words
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      30 3 MHfflHHß+f Z+2+S+2+Z+2+2 Z*Z*Z*Z*Z*Z*Z VSmMmMmXmrmTmZ Z*Z*Z*Z*Z*Z*Z wHHHgtrt: z+z+z+z+z+z+z JM»BrafZ+Z*« Z*Z*Z*Z*Z*Z*Z HHMK+Z+Z+* Z^Z^Z^Z^Z^Z^Z W^Mitrt?^: Z^Z^Z^Z^Z^Z^Z WHBMiii: Z^Z^Z^Z^Z^Z^Z WMHf^rtTt: Z^Z^Z^Z^Z^Z^Z Z^Z^Z^Z^Z^Z^Z MHHKtr^rt: Z^Z^Z^Z^Z^Z^Z tgwagg^r^T^T Z^Z^Z^Z^Z^Z^Z MMaiSHfeT^T^T Z^Z^Z^Z^Z^Z^Z Miß^Ki»r^T^i Z^Z^Z^Z^Z^Z^Z HH^m%%J Z+Z+Z+Z+Z+Z+Z WB^MR%: Z^Z^Z^Z^Z^Z^Z
      30 words
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  • COMPANY NEWS
    • Article
      Lock icon M&As value in region hits 3-year low
      480 4  -  JAMIE LEE 10.5% fall to USs39ob for M&As targeted at Asia-Pac (ex-Japan) By THE value of mergers and acquisitions (M&As) targeted at Asia-Pacific (ex-Ja-pan) since the start of the year has slipped 10.5 per cent from a year ago to reach a three-year
      480 words
    • Article
      Lock icon Vince Cook resigns from IB Asia
      403 4  -  SIOW LI SEN CEO of DBS unit believed to be joining Qatar bank By VINCE Cook, chief executive of Islamic Bank of Asia, a unit of DBS Group Holdings, has resigned. Taking over in the interim will be Islamic Bank of Asia (IB Asia)
      403 words
    • Article, Illustration
      Lock icon Chartered moves into next phase of plant expansion
      332 4  -  WINSTON CHAI By CHARTERED Semiconductor will boost the clean room space at its most high-tech manufacturing plant by another 23 per cent under the next stage of its Fab 7 expansion. The Singapore chipmaker, which is set to be sold to Abu
      332 words
    • Article
      Lock icon Reliance on cheap money is dangerous
      706 4  -  R SIVANITHY IT SEEMS somehow coun-ter-intuitive that the cure for a global crisis brought on by overdependence on borrowing is supposed to be more borrowing. Yet this is the tack taken by governments everywhere, starting in the US where the Obama administration last week
      706 words
    • Article
      Lock icon CWT in deal talks for logistics facilities
      373 8  -  EMILYN YAP Sale-and-leaseback move linked to potential setting up of Reit By CWT Limited is in talks to sell and lease back its logistics facilities, in connection with a potential setting up of a logistics real estate investment trust (Reit). The company revealed
      373 words
    • Article
      Lock icon Acergy buys vessel under construction at Sembcorp yard
      395 8  -  VINCENT WEE By SEMBCORP Marine unit Sembawang Shipyard is benefiting from movements in the offshore and marine sector. It announced yesterday that major player Acergy has bought over a heavy lift vessel under construction at the yard from the original customer Nordic
      395 words
    • Article, Illustration
      Lock icon SGX enhances information flow to boost transparency
      435 8 New and revised categories for firms' announcements SINGAPORE Exchange (SGX) has introduced changes to how listed companies post their announcements in a bid to improve transparency. The enhancements to the SGXNet Announcement Templates, the exchange said yesterday, are "part of its ongoing efforts
      FILE PHOTO  -  435 words
    • Article
      Lock icon omy.sg offers new features to boost user experience
      235 8 LEADING bilingual-friendly news and entertainment web portal omy.sg has launched new features for users. Among them are two Apple iPhone applications omy and omy Showbiz. They will give iPhone users up-to-date local and world news, including current affairs and lifestyle topics and
      235 words
    • Article, Illustration
      Lock icon Healthway raising $19.8m from rights issue
      364 10  -  JERMAINE NG Proceeds to go into expanding China operations, shoring up working capital ByJ AS part of its China expansion plan, Healthway Medical Corporation has proposed a rights issue of up to 276.95 million new shares at 7.5 cents each to raise net proceeds
      FILE PHOTO  -  364 words
    • Article
      Lock icon Local banks shrug off capital news for rivals
      571 10  -  SIOW LI SEN By PROPOSALS to give international banks more time before implementing stricter capital rules could make it harder for Singapore banks to compete. But the three local banks which already abide by much higher and more expensive capital standards say
      571 words
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      Lock icon Page 4 Advertisements Column 1
      156 4 Wicker M Outdoor Set /i j^M (3+l I+CT) UP:$l269 $999iP¥^ ■pg j- /^*f J^Mi 2mWicker i. ~J Dining Set r~ j£ J »W^J a (6+l) UP:$l699 I N°W Ou^do^Set B^^*^'"""*L U Wicker Outdoor Set (3+l) Outdoor Wicker j Wicker I Chaise Lounge Lounge Set Patio f ■■^^gfffpl gJE?S999 I JJP:S969
      156 words
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      4 4 r-#(Vt-' ,r" 7T •£>■ ilB
      4 words
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      170 4 100% ROI Hear from Mr Odell Barnes 'first hand' Find out how the Foreclosure King buys houses at $4k each and sells it at $30,000! ■,jM Proven with solid evidence! Time is running out. Find out why. If you had missed the lowest buy in Spore, don't miss the best
      170 words
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      170 5 IS I I I IS I n y^ B/ 'V\\ i _V\ 2.4 L DOHC CWTengine with 7-seater (flexible seat arrangements) Button Start and Keyless Entry Dual Climate Control Supervision Cluster with Steering Wheel Controls and USB and iPod™ Connectivity 6-speed automatic transmission 3rd Row Air-con Vents Trip Computer Cruise
      170 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Rising US$ brings 'carry trade' worries
      586 6  -  R SIVANITHY STOCKS STI ends only 0.66 point lower to 2,813.27 due to support for illiquid Jardine group of companies A STRENGTHENING US dollar yesterday sparked "carry trade" worries that dragged the Hong Kong market down and cut short an upturn in the Straits
      Bloomberg  -  586 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      106 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 3 10 4 0 0 0 3 10 4 Manufacturing 41 56 66 14 43 59 80 Commerce 17 21 22 21 23 28 Tpt/Stor/Comms 14 17 12 14 18 15 Finance 11
      106 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 34.054 34.054 80.084 80.084 Manufacturing 250.749 26.726 277.475 184.236 1.814 186.050 Commerce 173.608 15.887 189.495 122.608 3.368 125.977 )t/Stor/Comms 99.721 2.408 102.129 159.127 460 159.587 Finance 17.870 17.870 159.146 159.146 Construction 22.125 4.542 26.667 7.364
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 6 Stock name Close Cham CapitaLand 4.150 -0.030 CapitaMall 1.760 -0.040 CityDev 11.000 4-0.240 ComfortDelGro 1.570 -0.020 Cosco Corp 1.070 DBS Grp 14.880 -0.020 F&N 4.160 Genting SP 1.170 4-0.020 Golden Agri 0.500 4-0.005 HK Land 4.840 JMH 29.000 4-0.300 JSH 17.180 4-0.340 Jardine C&C 25.760 4-0.580
      110 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      772 6  -  JOYCE HOOI CWT Limited Dec 17 close: $0,725 KIM ENG RESEARCH, Dec 17 CWT Limited was set up in 1970 to provide warehousing and container trucking services, in support of the onset of container terminal operations by Port of Singapore Authorities (PSA). The current international trend sees an
      Bloomberg  -  772 words
    • Article, Illustration
      Lock icon US$ soars on Fed exit strategy plans
      526 6 CURRENCIES [NEW YORK] The US dollar soared yesterday, nearing a 3-1/2-month high against the euro, a day after the Federal Reserve highlighted improvement in the US economy and stood by plans to shutter most emergency lending in February. The euro, which fell below
      REUTERS  -  526 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      5 6 I DAILY
      5 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 Dec 17 VALUE CLOSE BT OB/OS -73.00-218.00 BT CADI -*****.00 -41.00 BT 10-day MA -*****.00 -7.00 FTSE ST Mid Cap 665.69 +1.47 FTSE ST Small Cap 525.25 -3.14 FTSE ST All Share 691.59 -0.10 FTSE ST China Top 271.63 -2.59 FTSE ST China 294.38 -0.90 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Genting SP 127,936,000 BanJoo 75,041,000 Golden Agri 64,497,000 AusGroup 33,869,000 BanJoo W*****2 32,770,000 CapMallsAsia 30,926,000 Ying Li 27,024,000 Biosensors 26,552,000 Abterra 20,207,000 ChinaNTown 19,969,000 VALUE(S) Genting SP 150,220,510 CapMallsAsia 79,796,374 Sing Tel 52,730,492 DBS Grp 52,607,220 Capita Land 47,061,100 UOB 45,839,420 Wilmar 42,101,615 Straits Asia 40,384,970
      57 words
    • Article
      Lock icon RISES
      100 6 CLOSE UP iBXT Ni 10US$ ***** 63.1 0.4 Jardine C&C 2576 58.0 2.3 JSH 1718 47.7 2.0 JMH 2900 42.1 1.0 :it 1100 24.0 2.2 :it ES.0912 1096 20.0 1.9 DBS Bk6% NCPS 10 ***** 20.0 0.2 DBXT S&P Short 10US$ 5469 18.2 0.2 Russia 10US$ 373 14.0 2.8
      100 words
    • Article
      Lock icon FALLS
      122 6 CLOSE DOWN DBXT FTVietnam 10US$ 4022-151.4 -2.6 China H 10US$ 1609 -65.9 -2.8 iBXT MSAsExJl 10US$ 2710 -39.3 -1.0 DBXT FTChina25 10US$ 3055 -32.2 -0.7 GLD 10US$ ***** -29.4 -0.2 UOB 1956 -20.0 -1.0 MS India 10US$ 1460 -18.2 -0.9 loble Gri i.ES.0912 304 -10.0 -3.2 UOB 5.05%NCPS 100
      122 words
    • Article
      Lock icon CURRENCIES
      86 6 iere! S$ stands Dec 17 %CHNG CLOSE FR Dec 16 YR2009 S$ LOW S$ HIGH USS 1.4015 -0.32 1.5579 1.3800 Euro 2.0198 0.65 2.0952 1.9150 Pounds 2.2728 0.15 2.4366 2.0356 AS 1.2494 0.49 1.2942 0.9453 Yen* 1.5621 -0.43 1.7278 1.4831 Rupiah* 0.***** -0.11 0.***** 0.***** Baht* 4.2176 -0.19 4.3390
      86 words
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      307 7 I J. ll—,~ 1. t^J 1 m V i%Jr'/ »*iMk^>^/*^^H HI fl j I B^j\^^^^^_ Ministry of gV: H=meAffair f n^u J t^ hs AP)D A ADRIA" a distinguished residence at the heart of Novena, a thrilling S^3» HFuture Novena Medical Junior School #^Lx|\|/ H Hospital center/square 2 Ps^^^.^_^^^-^^__| hub
      307 words
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      193 9 SINCERE HAUTE HORLOGERIE TheWO R L D EXCLUSIVE BREGUET BREGUET TOURBILLION MESSIDOR ft mmmT AmWJmWv^S^imW \m\ HI Jl^^ m\ 1 t/i T^A *"*F WArn ■S'j CBBS^^WP^fe^Mfc^JßL t'W' "maT*m\m\ mWf mmmT llti The tourbillon regulator ranks in a spacious-looking carriage, this design adds its distinctive Ng. S high among Breguet's most
      193 words
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      2774 10 h il I 1 IN THE MATTER OF IN THE MATTER OF THE THE COMPANIES ACT, CAP. 50 In the Matter of COMPANIES ACT, CHAPTER 50 AND The Companies Act, Cap 50 IN THE MATTER OF r #4| OKI SEMICONDUCTOR AXSONE PTE LTD I Wj SINGAPORE PTE. LTD. (In Creditors'
      2,774 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Investment in Asia-Pac properties seen doubling
      496 11  -  KALPANA RASHIWALA FOCUS ON PROPERTY But DTZ notes that one major caveat is the capital required for de-leveraging By ABOUT US$B5 billion will be available for direct investment in real estate across the Asia Pacific next year, double the US$43 billion transacted in the
      DTZ Research; RCA  -  496 words
    • Article, Illustration
      Lock icon ChildAid performers gearing up for the big show
      572 11  -  NISHA RAMCHANDANI Charity concert kicks off this weekend at Resorts World Sentosa By WITH charity concert Child Aid kicking off this weekend, the youngsters who will take to the stage are rehearsing flat out to deliver a show-stopping performance. "I'm really glad
      CAROLINE CHIA/THE STRAITS TIMES  -  572 words
    • Article
      Lock icon Higher salary increases likely in 2010
      316 11  -  JOYCE HOOI By PROSPECTS could not be more different for local employees, compared to those of British Airways which has mooted a two-year pay freeze. The latest Mercer Total Remuneration Survey has found that the average salary increase in 2010 including companies freezing sala-ries-is
      316 words
    • Article, Illustration
      Lock icon Property auction sales double to $168.4m
      480 11  -  KALPANA RASHIWALA Number of mortgagee properties put up for auction falls 25% By THE property auction scene is expected to continue sparkling next year, spurred by interest in the high-end residential market, says Colliers International. It says that the total value of properties sold
      Colliers International Research  -  480 words
    • Article
      Lock icon Hong Leong, Far East and Frasers tops in property market
      371 11  -  EMILYN YAP (By HONG Leong Group, Far East Organization and Frasers Centrepoint have been the most active companies on the local property scene this year, making their mark in the number and value of homes sold. Together, the three developers
      371 words
    • Article
      Lock icon Senoko begins works on LNG project
      279 11  -  RONNIE LIM By SINGAPORE'S largest generating company, Senoko Power, has just started construction of its earlier deferred $750 million re-powering project which will use liquefied natural gas (LNG) from the planned $1-1.5 billion LNG terminal on Jurong Island. Senoko announced yesterday that a Japanese
      279 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Soaring food prices prompt inflation fears
      570 12 Reuters, Bloomberg Central bank expected to tighten policy to keep inflation in check [NEW DELHlHndian food prices surged an annual 20 per cent in early December as supply shortages are hit, heightening expectations the central bank is set to tighten policy to stop a
      Reuters, Bloomberg; AFP  -  570 words
    • Article
      Lock icon US House approves US$155b jobs bill
      360 12 Reuters [WASHINGTON] The US House of Representatives on Wednesday narrowly approved a US$l55 billion measure that seeks to create jobs and blunt the impact of the worst recession since the *****. By a vote of 217 to 212, the House approved additional spending for
      – Reuters  -  360 words
    • Article
      Lock icon Greece hit by strikes after credit downgrade
      319 12 AFP Thousands in protest against draft austerity measures [ATHENS] Strikes hit Greece yesterday in response to a call for a national protest against draft austerity measures just as the government plans to fight a debt crisis reeled from another credit downgrade. As the
      AFP  -  319 words
    • Article
      Lock icon Japan aims to trim spending to meet bond target
      296 12 -Reuters [TOKYO] Japan's government plans to make spending cuts needed to meet a cap on new bond issues after the main ruling party agreed to roll back campaign pledges despite resistance from its small coalition partners. The Nikkei business daily reported
      -Reuters  -  296 words
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      1101 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 S~ZL "^>\ AND C r^Q&r^J IN THE MATTER OF ASIA LEISURE \^-^--**2^S INDUSTRIES HOLDING (S) PTE LTD CHINA AUTO CORPORATION LTD. (In Members' Voluntary Liquidation] (Company Registration No.: *****0233E) At an Extraordinary General Meeting of the (Incorporated in the Republic of
      1,101 words
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      1811 12 IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER SO THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER SO THE COMPANIES ACT, CHAPTER 50 AND AND AND AND AND
      1,811 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon KL unveils ambitious plan to revamp govt
      472 13  -  S JAYASANKARAN But scepticism runs high, given that previous attempts had fallen through By in Kuala Lumpur THE administration of Prime Minister Najib Razak unveiled some grand plans yesterday as part of its so-called government transformation programme but the key to its credibility
      REUTERS  -  472 words
    • Article
      Lock icon Asia a safer bet for palm oil firms
      968 13 Reuters ANALYSIS Unilever's Indonesia exit may boost other companies' business [KUALA LUMPUR] Palm oil firms may accelerate their shift to Asian markets after Unilever said it would no longer sign contracts with an Indonesian planter accused of felling forests. Environmental campaigners such
      Reuters  -  968 words
    • BRIEFLY ASIA
      • Article
        Lock icon Time Warner to buy India channel operator
        77 13 Bloomberg [NEW YORK] Time Warner Inc, owner of the HBO and CNN television networks, agreed to pay U*****.5 million for India's NDTV Imagine Ltd, operator of a Hindi entertainment channel, to increase its international programming. Time Warner's Turner Asia Pacific Ventures Inc will
        Bloomberg  -  77 words
      • Article
        Lock icon Shaolin monks to join fundraising venture
        71 13 AP [SHANGHAI] The famed fighting monks of China's Shaolin Temple plan a foray into modern finance. The local government entity in charge of managing the 1,500-year-old Buddhist temple's tourism-re-lated assets plans to join with China Travel Service in a venture that will seek to
        AP  -  71 words
      • Article
        Lock icon Ford unif s acquisition by early 2010
        44 13 Reuters [HONG KONG] Zhejiang Geely Holding Group aims to conclude the acquisition of Ford Motor's Volvo Car Corp in early 2010 and has hired consultants for restructuring and integration, sources with direct knowledge of the deal said.
        – Reuters  -  44 words
      • Article
        Lock icon Islamic banking assets to grow 30%: Jakarta
        44 13 Reuters [JAKARTA] Indonesia's Islamic banking assets are set to grow 30 per cent next year, partly because of a more favourable tax environment, a central banker said yesterday, after expanding an estimated 15 per cent in 2009.
        Reuters  -  44 words
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      25 13 Over 84% lof FTSE 100 I 1 companies Y^mii have an A A their board. H Hi i \|r Til I ICAEVV I &b1 L!U
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      35 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon US$80b China fund to boost investments abroad
      544 14 Reuters Pension fund seen raising overseas investment limit to 20%, says report [SHANGHAI] China's US$BO billion national pension fund plans to boost its investments abroad, Chinese media reported yesterday, as China faces renewed pressure to let its managed currency appreciate after global markets
      – Reuters  -  544 words
    • Article, Illustration
      Lock icon HK central bank warns of asset price corrections
      717 14 Bloomberg [HONG KONG] Hong Kong's central bank said the city may face "sharp corrections" in asset prices should fund flows reverse, adding to concerns voiced by Japan, China and South Korea on the dangers of speculative capital. A rally in the stock
      – Bloomberg; AFP  -  717 words
    • Article, Illustration
      Lock icon Beijing overtures for FTA talks with Seoul
      475 14 Reuters But conflicts of interest are making deal-making harder [SEOUL] The man seen as the next leader of China yesterday called for talks with South Korea on a free trade deal, saying a pact between the Asian economic powers and rivals would benefit
      – Reuters  -  475 words
    • Article
      Lock icon Temasek-backed fund said to have bought into insurer
      370 14 Bloomberg [HONG KONG] Hopu Investment Management Co, the China-focused fund backed by Singapore investment company Temasek Holdings, bought at least US$4OO million of stock in China Pacific Insurance (Group) Co, said three people familiar with the matter. The private-equity fund bought about
      Bloomberg  -  370 words
    • Article
      Lock icon No-go for foreign law firms in India: court
      302 14 Bloomberg [HONG KONG] India's central bank should not have licensed White Case LLP, Ashurst LLP and Chadbourne Parke LLP to open offices, the Mumbai High Court has ruled, as all lawyers in the country must be members of its bar councils. "There's
      Bloomberg  -  302 words
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      32 14 «bIhH THE HEARTBEAT 0F THE INDIAN COMMUNITY B^HHBl»nJti^wSl tradition? H fl 1984Bhopal m gas leak still CO ORGANISED BY toi/inH ltC! t^ll LdlMliy 1129 LUII ,i I UANHEZAOBAO MAIN SPONSOR Citißusiness ClElbank
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Market unfazed by Fed rate stance, remarks
      583 15  -  ANDREW MARKS Street consensus is Fed got it right; some see first rate hike in early 2011 By in New York ON WEDNESDAY, the Ben Bernanke-led Federal Open Market Committee completed its latest assessment of the health of the US economy in the
      583 words
    • Article
      Lock icon Anger sweeps across Europe over recession measures
      341 15 Atf As British Airways crew plans walkout Greek workers stage protests against govt cuts [PARIS] Anger over the fallout from the crippling recession mounted across Europe yesterday with strikes against austerity measures and court battles over threatened stoppages. Europe's busiest commuter train line
      Atf  -  341 words
    • Article, Illustration
      Lock icon US joins US$100b a year climate offer
      553 15 -AP" Money to help poorer nations cope with global warming [COPENHAGEN] US Secretary of State Hillary Rodham Clinton sought to put new life into flagging United Nations talks yesterday by announcing that the United States would join others in raising US$lOO billion a
      -AP"; AFP  -  553 words
    • WORLD WATCH
      • Article
        Lock icon Posco to invest 7t won in green sectors by '18
        70 15 Reuters [SEOUL] South Korea's Posco, the world's No 4 steel maker, said yesterday it would invest seven trillion won (SsB.3 5 billion) in environmental businesses by 2018, aiming to reach 10 trillion won in annual sales. The sectors targeted for
        Reuters  -  70 words
      • Article
        Lock icon BOT to focus more on inflation in 2010
        101 15 Reuters [BANGKOK] The Bank of Thailand (BOT) will be vigilant on prices as inflation picks up in 2010, a central bank deputy governor said yesterday. "Next year if inflation is higher, our policy weight may shift back to stabilising the economy," Bandid
        Reuters  -  101 words
      • Article
        Lock icon Court okays US$50m bonuses at Lehman
        79 15 Bloomberg [LONDON] Lehman Brothers Holdings Inc's plan to pay US$5O million in bonuses to employees handling derivatives contracts was approved by a judge who said the payments provide essential incentives to employees with "unique skills". Lehman, the investment bank liquidating in bankruptcy, asked US
        Bloomberg  -  79 words
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      2921 15 INTHEMAnEROF INTHEMAnEROF IN THE MATTER OF INTHEMAnEROF IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER SO THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER 50 THE COMPANIES
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  • WORLD
    • Article, Illustration
      Lock icon BOA picks insider to succeed CEO Lewis
      822 16 Bloomberg Brian Moynihan, head of consumer banking now, takes over at year's end [CHARLOTTE, US] Bank of America Corp, the biggest US lender, has promoted Brian T Moynihan to chief executive officer, opting for an insider to repair the company after the tumultuous
      – Bloomberg; BLOOMBERG  -  822 words
    • Article
      Lock icon US Treasury won't sell Citi stock yet
      456 16 Reuters Plans delayed after stock offering attracted tepid demand and weak prices [NEW YORK] The US Treasury delayed a plan to sell its US$5 billion of Citigroup Inc shares after a stock offering by the bank attracted weak demand and priced at a
      Reuters  -  456 words
    • Article, Illustration
      Lock icon 'Tis the season for Santa to shape up
      382 16 Reuters He needs to become a healthier role model for children [SYDNEY] Santa Claus needs to lose weight, cut down on the mince pies and brandy, and swap his reindeer and sleigh for a bicycle to become a healthier role model for
      – Reuters  -  382 words
    • Article
      Lock icon Intel faces new antitrust lawsuit from FTC
      393 16 ■AP [SAN FRANCISCO] The Federal Trade Commission (FTC) piled on new antitrust charges against Intel Corp on Wednesday, seeking to end what it described as a decade of illegal sales tactics that have crippled rivals and kept prices for computer chips artificially high.
      ■AP  -  393 words
    • Article
      Lock icon Credit Suisse to pay US$536m in Iran case
      315 16 AP [WASHINGTON] Credit Suisse Group has agreed to pay US$536 million to settle a Justice Department probe and admit to violating US economic sanctions by hiding the booming illegal business it was doing for Iranian banks. The Justice Department announced the settlement
      AP  -  315 words
    • Article
      Lock icon SAC Capital chief accused by ex-wife of racketeering
      483 16 ■NYT Millions allegedly reaped through insider trading [NEW YORK] This is a story about money and marriage on Wall Street one about a fugitive, a billionaire, an ex-wife and her lawsuit. It begins happily enough, 30 years ago this month, when a
      ■NYT  -  483 words
    • Article
      Lock icon MGM's Aria adds to Las Vegas hotel glut
      579 17 Reuters Uphill task for glittering complex designed by 'starchitects' [LAS VEGAS] With fireworks and fanfare, MGM Mirage late Wednesday opened Aria, the flagship casino-hotel of its US$B.5 billion City Center development, adding thousands of high-end rooms to the hotel glut on the
      Reuters  -  579 words
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      447 17 A DAZZLING CHRISTMAS AT MERITUS This festive season, Meritus Mandarin and Marina Mandarin invite one and all to uninhibited indulgence with its plethora of sweet and savoury goodies. Hams, j^a»»-» turkeys and roasts feature alongside log cakes, puddings and pies. Conveniently located in the heart of Orchard Road, Meritus Mandarin
      447 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Penalties, enforcement key to real reforms
      538 18 WHEN crisis erupts and public clamour ensues, the usual response from the authorities is new regulation. This is particularly so in the US. Thus, the Great Financial Crisis (GFC) of 2008 has last week led to the passing by the House of Representatives of
      538 words
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      Lock icon A troubling alliance against DPJ leaders
      1142 18  -  ANTHONY ROWLEY The effects of anger over the new govt's policies may be felt beyond the Asia-Pacific JAPANESE Prime Minister Yukio Hatoyama's government is stirring up a hornet's nest by its revolutionary actions and the hornets are swarming angrily now, waiting to sting. The
      AFP  -  1,142 words
    • Article
      Lock icon Climate talks need a grand coalition of the willing
      708 18  -  JOERGEN OERSTROEM MOELLER THE BOTTOM LINE By THE true significance of the United Nations climate conference COPIS in Copenhagen may be less about global warming and more about the functionality of the global steering system global governance. Do we have such
      708 words
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      Lock icon For S'pore, a vibrant shade of green
      1279 19  -  SHARAD SOMANI and RAHUL KAR It can play an active role by helping its neighbours cut emissions via innovation, clean-tech adoption and carbon financing By IN A recent announcement, Singapore led by example by pledging to slash its carbon emission growth by 16
      BT FILE PHOTO  -  1,279 words
    • Article, Illustration
      Lock icon Remembering Paul Samuelson, the incomparable economist
      1190 19  -  PAUL KRUGMAN THERE have been hedgehogs; there have been foxes; and then there was Paul Samuelson. I'm referring, of course, to Isaiah Berlin's famous distinction among thinkers: foxes who know many things, and hedgehogs who know one big thing. What distinguished Paul Samuelson as
      AP  -  1,190 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon American may top US$1.1b offer to JAL
      784 20 Reuters Investment would have to be coordinated with govt's support: CEO [TOKYO] American Airlines said that it, private equity firm TPG and Oneworld alliance partners could increase their US$l.l billion investment offer to Japan Airlines (JAL), depending on the struggling carrier's restructuring plan.
      Reuters; REUTERS  -  784 words
    • Article
      Lock icon MOU on shipping training programme signed
      329 20  -  VINCENT WEE By [SINGAPORE] More options will be opened up to people interested in joining the shipping industry with the signing of a memorandum of understanding (MOU), for the training of industry professionals, between the international body representing professional ship- brokers, managers and agents,
      329 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2926 20 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:
      2,926 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        108 20 '000 :H Offshore Ihuan Hup Hldgs Iosco Corp :WT Ltd Ezra Hldgs rirst Ship Lease rreight Links jrand Banks laya Hold Ltd <1Ventures <eppel Corp Vlercator Lines V1TQ Corp MOL Pacific Shipping 3an-United Corp Rickmers Man iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.67 0.34 1.07 0.73 2.21
        108 words
      • Article
        Lock icon KLSE
        32 20 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings PDZ Holdings 0.90 8.63 8.70 3.14 3.06 0.09 0.01 -0.08 unch unch 0.01 unch 26; 6) 34) 7) 32!
        32 words
      • Article
        Lock icon BANGKOK
        12 20 '00 ■recious Ship Jegional Cont 18.30 10.30 0.20 0.20 152" 145!
        12 words
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        Lock icon HONGKONG
        11 20 '000 joil iingamas Cont 34.55 1.08 -1.10 110) -0.05 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        24 20 '000 lee 17 Peso Vol Aboitiz Equity ntl Container Keppel Marine Keppel Prop 9.00 23.00 1.92 1.20 unch 0.25 -0.04 unch 433! 35V
        24 words
      • Article
        Lock icon TAIPEI
        14 20 Evergreen Marine ....16.50 :irst Steamship 46.00 /Van Hai Lines 15.60 -0.20 -0.40 0.05
        14 words
      • Article
        Lock icon TOKYO
        41 20 '000 (awasaki Hvy Ind ..232.00 (awasaki Kisen 251.00 Mitsubishi Hvy 322.00 vlitsui Eng&Sbldg...219.00 vlitsui Osk Lines 472.00 Nippon Express 378.00 Nippon Yusen 277.00 iource: Thomson Reuters -3.00 1364; 6.00 ***** -5.00 1446! unch 2641 3.00 1133! -5.00 630( 7.00 *****
        41 words
    • Article, Illustration
      Lock icon London court blocks BA cabin crew strike
      454 20 Reuters, AFP Action would have hit 1m passengers and 7,000 flights [LONDON] British Airways pic (BA) won an injunction yesterday to stop a planned 12-day cabin crew strike over Christmas after a court upheld its complaint that voting irregularities made the union's ballot
      Reuters, AFP  -  454 words
    • Article
      Lock icon BDP Logistics sets up oil and gas subsidiary
      247 20  -  VINCENT WEE By [SINGAPORE] BDP Project Logistics is jumping into the oil and gas sector by setting up a Singapore-head-quartered subsidiary to chase global opportunities in the oil and gas supply chain. BDP Oil and Gas Logistics will extend BDP's offerings to
      247 words
    • Article
      Lock icon MISC, PTP agree to scrap joint venture
      164 20 Bernama [KUALA LUMPUR] MISC Berhad, Malaysia's leading international shipping line, and Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) have mutually agreed to terminate a joint venture and shareholders' agreement inked last year following the shipping line's withdrawal from the Grand Alliance. MISC said that
      Bernama  -  164 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8719 21 Transaction date: Dec 17 Hii Low Code Coi Sale COOP) Hi; Low Bi Seller Cvr P/E jH 18 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABRHIdgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 10 2101 APOil 93 36 5550 ARA 8 2.5
      8,719 words
    • Article
      Lock icon SGX CATALIST
      1687 22 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3.5 3480 t Adventus 20
      1,687 words
    • Article
      Lock icon SGX ETF
      421 22 Hii Low Code Comi fete fogol Hii Low Big seta Cvr P/E ,,ml 111 107 6389 ABFSG Bond ETF 109 819 427 CIMBAsean40 100US$ US816 290 149 DBSSTIETF100 284 +1 4627 3534 DBXT DJE50 10US$ US4305 3282 1682 DBXT FTChina25 10US$ US3055 -23 5819 3228 DBXT FTVietnam 10US$
      421 words
    • Article
      Lock icon CLOB INTERNATIONAL
      264 22 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
      264 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9370 22 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.15/ AIGIF S'pore Bond Fund/ A 1.378/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.15/ APS Alpha Fund (USD)!** 0.83/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXAWM
      9,370 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      379 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec16 World Index Preliminary 826.7 0.9 22.0 1.0 22.9 1.0 27.1 t EAFE Preliminai 773.8 1.0 19.2 1.2 24.0 1.2 28.1 Euro[ Prelim inan 1112.7
      379 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      124 23 As at 9am Dec 17 )i foreign currency: lurrencies Bid Offer ujst dollar 1.2460 1.2840 .an dollar 1.3080 1.3240 luro 2.0180 2.0420 IZ dollar 0.9970 1.0190 iterlini 2.2680 2.2950 IS dollar 1.3890 1.4050 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi renminbi
      124 words
    • Article
      Lock icon INTERBANK RATES
      160 23 Dec 17 Xterniqht 0.05 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.10 IS$ Offer 0.03 3/16 5/16 7/16 Bid 1 days I month > months months d months months I I. |Au 0.25 0.29 0.35 0.37 0.55 0 90 1.00 Offer 0.20 0.24 0.25 0.27 0.45 0.60
      160 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 23 Dec 17 STI Dec 2808 IIMSCI Dec 340.5 340.6 337.8 "aiwan Dec 277.9 282.1 278.2 Source: MF Global (S) He. Ltd
      24 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      19 23 Dec 17 Bid Offer -month 1.4020 1.4034 j-months 1.4023 1.4038 {-months 1.4025 1.4040 >-months 1.4031 1.4046
      19 words
    • Article
      Lock icon SICOM FUTURES
      189 23 Dec 17 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) Ian 10 =eb 10 292.0 Vlar 10 288.1 <\pr10 Vlay 10 294.0 lun 10 295.0 289.9 288.0 294.0 295.0 288.0 289.9 288.0 288.0 294.0 295.0 140 40 120 50
      189 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      77 23 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****W 18.03.2010 -Year BY*****N 01.11.2010 0.54 0.55 0.50 0.50 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 I-Year N*****0N 1.375 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year NY*****H 3.000
      77 words
    • Article
      Lock icon CHICAGO BOT
      101 23 Dec 16 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1059.50 1055.00 1070.50 1051.50 Mar 10 1067.00 1062.00 1077.25 1058.75 May 10 1073.00 1066.75 1082.00 1064.00 JuMO 1077.00 1071.25 1087.00 1068.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 10 40.33 39.64 40.44 39.52
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      71 23 CRUDE OIL PRODUCTS Dec 16 origin^ t/barrel Close Cham Srent blend (1-Mth F) 74.68 1.72 WTI (Near Mth) 72.68 1.96 iubai (1-Mth F) 73.08 0.69 "apis blend 75.90 0.85 i/linas 75.05 0.85 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 75.90 80.85 1.81 1.0! US$/barrel )pec Oil Basket Price
      71 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 23 Dec 17 AS _CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso IS Rand Sfr NTS Baht Pound USS Australia 0.951 6.087 0.619 6.914 41.724 84.576 0.800 10.500 3.063 1.250 75.096 41.550 1.250 6.672 0.933 28.831 29.627 0.550 0.891 Canada 1.051 6.399 0.651 7.268
      465 words
    • Article
      Lock icon SIBOR
      69 23 Dec 17 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates mth mths I mths (S$) 0.***** 0.***** 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs
      69 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      149 23 Dec 17 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2492 1.2511 0.8912 0.8917 Canadian dollar 1.3131 1.3151 0.9368 0.9373 iuro 2.0187 2.0212 1.4402 1.4405 IZ dollar 0.9991 1.0015 0.7128 0.7138 Sterlinc 2.2733 2.2762 1.6218 1.6223 IS dollar 1.4017 1.4031 >$IUS$
      149 words
    • Article
      Lock icon PRECIOUS METALS
      132 23 Dec 17 /oz) )ec )ec -long Kong 1128.60 1125.60 .ondon Dec 16 Dec IS 1137.80 1120.50 1138.80 1121.30 Source: Thomson Reuters CAST BAR (S$) Dec 17 Buying Sellim Kilobar "54,995.86" ***** PAMP GOLD BARS (S$) Selling Buying gm igm Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 123.05 349.89
      132 words
    • Article
      Lock icon LONDON METALS
      62 23 ,luminium, 99.7% uritv (US$/tonne) Close Previous :ash 2239.75 2197.60 months 2276.00 2234.00 Copper, Grade A (US$/tonne) :ash months 6997.00 7039.00 6854.25 6895.00 .ead (US$/tonne) :ash 2377.50 months 2410.00 2327.00 2360.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 inc, Specia
      62 words
    • Article
      Lock icon LIFFE
      75 23 Dec 16 (£/tonne) Close Prev Hii ih/Low Mar 10 2309 2257 2314/2257 May 10 2326 2274 2329/2276 Jul 10 2297 2247 2301/2250 Sep 10 2272 2219 2273/2225 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1373 1373 1383/1372 Mar 10 1406 1404 1414/1402 May 10 1435 1432 1442/1433 SUGAR (US
      75 words
    • Article
      Lock icon PALM OIL
      61 23 Dec 17 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low Ian 10 2580 =eb 10 2593 Vlar 10 2600 10 2609 FotaI o/p: ***** contracts 2556 2580 2554 659 4818 2604 2620 2590 3921 ***** 2620 2628 2598 7146 ***** 2613 2628
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      344 23 Dec 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 Jun10 Sep10 Dec10 99.6200 99.3950 99.0950 98.7550 0 0 0 0 ***** 6755 3461 3425 EUROYEN TIBOR FUTURES Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 99.6300 99.6450 99.6750 99.6650 99.5800 99.5550 99.5550 99.3600 1513 150
      344 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2225 23 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 2.5 >036AdvanceSCTLtdW*****9 0.5 1 15 17 6.00 1 87 1844 9.00 53 8 S756#AsiaticGrp(H) Ltd W*****2 8 H05#Asiatravel W*****7 35 unch 60 >878Aztech Systems W*****6 0.5
      2,225 words
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      Lock icon Page 24 Advertisements Column 1
      3005 24 m The Business Times 0k BlWn^BffTWWtHT^ffffßßnß WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M V l/%fi £BBmg9k V&KfllSSp V~ v |l|rf> TEL *****588 (14LINES) FAX:*****163 I^T^^^^^H .H-H EBfflS V^MRmI \\^^tt I WAN HAI INt PKLIEL: (03> *****838 FAX: <03| *****288 PEN HL: (04) *****00 FAX: <04)*****99 BmSU^^Kimm BEHBSB VJiA 11-T*l
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      Lock icon Page 25 Advertisements Column 1
      3078 25 I®l lltin EASTERN CAR LINER, LTD flf £3®3£& M M \f-~__l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS~| I WEEKLY EXPRESS SAILING SCHEDULE I ■'j™ 1";"™™ n"™M l "™-m "™nr Uh =—s ==li1 =^ZiE=li1 =3iE== z ACCEPmGr T: ERS| OALs: RT| E;:pq E::"i'ZKr HDSLINES, asia/mcd express service (fmx) I"m
      3,078 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Power niches
      699 26  -  CHEAH UI-HOON First there was the gym craze, then yoga. Now, niche fitness regimes seem to be catching on, thanks to the efforts of passionate entrepreneurs. We talk to two new entrants, as well as a veteran who's now expanding her brand into the region The celebrity muscle
      YEN MENG JIIN  -  699 words
    • Article, Illustration
      Lock icon Football mania in a cage
      646 26  -  AUDREY HO The Cage 38 Jalan Benaan Kapal Tel: 6344 9345 Website: www.thecage.com.sg ECKLESS Raj" is how he is known at The I Cage. Otherwise, he is Rajesh Mulani, the 39-year-old co-founder of Singapore's first indoor football arena for recreational players. "We created this for
      YEN MENG JIIN  -  646 words
    • Article, Illustration
      Lock icon Stay limber during the holidays
      493 26  -  CHEAH UI-HOON Ivana Daniell Studio Camden Medical Centre 1 Orchard Boulevard #09-06/07 Tel: 6736 2991/6736 1970 www.ivanadaniell.com 1 TAY at an Aman resort in Phuket, New Delhi, Beijing, and Shanghai and you'll get to experik ence a Singapore twist to the wellness regime 1 offered
      493 words
  • Page 26 Miscellaneous
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  • CINEMA
    • Article, Illustration
      Lock icon Enjoying its deserved moment in the sun
      955 27 A Single Man is Tom Ford's first-time effort as a director, reports GEOFFREY EU VERY year it seems, a small, low-key film sneaks in among the star vehicles and ef-fects-driven blockbusters, punches above its weight during the awards season and generates major buzz,
      955 words
    • Article, Illustration
      Lock icon Stylish, dramatic kung-fu
      512 27  -  GEOFFREY EU By BODYGUARDS and Assassins is a stylish though somewhat uneven blend of political drama and martial arts thriller, characterised by serious debate on the one hand and impressively fierce kung-fu fighting on the other. The film, directed by Teddy Chen, never quite comes to grips
      512 words
    • Article, Illustration
      Lock icon A new world of entertainment
      666 27  -  GEOFFREY EU By TWELVE years after he took on the Titanic and triumphed, James Cameron goes deeper way deeper, metaphorically speaking with Avatar, a sci-fi fantasy that artfully and seamlessly combines state-of-the-art digital technology with an old-fashioned action adventure, emerging once again as king of
      666 words
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  • BOOKS
    • Article, Illustration
      Lock icon O Christmas twee
      856 28 Christmas should be that time of year when we cast aside high-brow fiction about famished roads and lovely bones, and indulge in works that are short, sweet and delightfully packaged. Here, CLARISSA TAN gathers some festive books and give them each a twee rating out of 10,
      856 words
    • Article, Illustration
      Lock icon Turning to the light side
      825 28 Wally Lamb tells CLARISSA TAN why he's walking on the sunnier side of the street with his Christmas novella, Wishin' and Hopin' SOMETIMES one writes a book so time-consuming and emotionally draining that one has to produce another book to get over it. Such was
      ELENA SEIBERT  -  825 words
    • Article, Illustration
      Lock icon Naughty and nice
      242 28 Wishin' and Hopin' By Wally Lamb Pages: 275 Price: $29 (before GST) Publisher: Harper Rating: B FELIX Funicello is in the fifth grade in a Connecticut Catholic school, where he is taught by nuns. One fateful Christmas season, everything seems to happen at once: he gets a
      242 words
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  • WINE
    • Article, Illustration
      Lock icon Indispensible guides for the wine lover
      1174 29 There's a bewildering plethora of publications available. N X YONG sifts the wheat from the chaff THERE is a bewildering plethora of books on wine available today which makes it difficult for someone wanting just a simple beginner's guide. The books look either like
      1,174 words
    • Article, Illustration
      Lock icon Pointers for the wide world of wine
      628 29 There's no reason why wine can't be fun and approachable, says CHRISTOPHER LIM after running through three friendly books on the subject Wine All-ln-One For Dummies By Ed McCarthy, Mary Ewing-Mulligan, Maryann Egan Pages: 670 Price: $52.38 Wiley Rating: B+ Frommer's 500 Places
      628 words
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  • Page 29 Miscellaneous
    • Miscellaneous
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      342 29 CRYPTIC CROSSWORD Across or philanderers may pro--1 Feeling love in little ways (6) duce them (6,6) 4 Said to be celebrated (8) 6 Dines in style at smart restau--9 How one danced when not rants (4) quite sober (6) 7 Such a threat is hardly bare--10 The principle of no
      342 words
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  • ARTS
    • Article, Illustration
      Lock icon 'What the hell is that?'
      956 30 Antony Gormley expects that sort of reaction to his controversial, larger-than-life works. He talks to WO ON TAI HO about his installation for Marina Bay Sands, which will be the largest sculpture in Singapore ANTONY Gormley is fascinated with the human body, particularly his own,
      PHOTOS: YEN MENG JIIN; YEN MENG JIIN  -  956 words
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      Lock icon Artworks as part and parcel of the building
      748 30  -  Collection at Marina Bay Sands is commissioned to integrate with the architecture, some as early as the design stage, reports WOON TAI HO THE common practice is, build the hotel, then hire an art curator who will source the artworks according to
      YEN MENG JIIN  -  748 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      586 30 Monumentally set in stone The women in his life BARTHA Senarclens, a fine art dealing and advisory firm A COMPOSER is visited by his wife, and six other women, that recently expanded to Singapore from Geneva, nightly, most of whom were his lovers. Bliss, you say? What Switzerland has launched
      586 words
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  • ENTERTAINMENT
    • Article, Illustration
      Lock icon Getting under the skin of musicians
      803 31  -  DVD REVIEW Visuals can make all the differences with tunes, reports CHRISTOPHER LIM WHEN a band sticks together long enough, there comes a time when it transcends rock band status to become more of a brand managed by savvy entertainment professionals. That's the case
      803 words
    • Article, Illustration
      Lock icon Locals end the year with sonic boom
      661 31 CD REVIEW Organamix Groovin' at Groove Junction Jeremy Monteiro Jazznote Rating: B+ Smoke Signals Greg Lyons Rating: B+ Nothing Also Happy Budak Pantai Budak Pantai Rating: B+ CollaborB Plainsunset Wake Me Up Rating: B+ +65 Various Universal Rating: B+ By CHRISTOPHER LIM THIS
      661 words
    • Article, Illustration
      Lock icon One player at the helm rules
      696 31  -  CHRISTOPHER LIM GAMING REVIEW By COMPUTER games are often trumpeted as storytelling vehicles that aren't restricted by traditional notions of time and plot flow, but two of this year's best role-playing games (RPGs) show that linear narrative is still a legitimate approach. Dragon Age:
      696 words
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      67 32 THE YOUNG WOMAN AND THE TINY FOLDS In everything from Louis Vuitton, there are elements that cannot be fully explained. What secret little gestures do our craftsmen discreetly pass on? How do we blend innate skill and inherent prowess? Or how can five tiny folds lengthen the life of a
      67 words