The Business Times, 3 March 2010

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Microfilm: NL30612
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    78 1 THE BUSINESS TIMES S$1.00 MICA (P) 123/08/2009 CO REGN NO *****2868E Wednesday, March 3, 2010 S$1.00 online at http://www.businesstimes.com.sg MICA (P) 123/08/2009 CO REGN NO *****2868E Wednesday, March 3, 2010 S$1.00 MICA (P) 123/08/2009 CO REGN NO *****2868E Wednesday, March 3, 2010 S$1.00 MICA (P) 123/08/2009 CO REGN NO *****2868E
    78 words
  • Article, Illustration
    Lock icon Big boys go looking for swank, new offices
    803 1  -  IDA said to have leased 160,000 sq ft; rents may inch up as banks expand in prime areas By KALPANA RASHIWALA [SINGAPORE] The upswing in office leasing deals that started around July last year shows no signs of letting up. The healthy
    ARTHUR LEE  -  803 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 2,772.20 (-1.86) ST INDEX FUTURES 2,768 (-2) SIMSCI 331.85 (-0.73) SIMSCI FUTURES 332.30 (-0.50) FOREX US$ S$ US$ (S$ per US$) 1.405 (US$/S$ per 1.490 2.093 EURO (US$/S$/E) 1.353 1.901 Foreign currency per US$ S$ YEN 89.30 63.50 RM 3.384 2.408 HK$ 7.765 5.526 BAHT 32.75
    141 words
  • Article, Illustration
    Lock icon Asian banks courted to underwrite Prudential deal
    496 1  -  By SIOW LI SEN [SINGAPORE] Asian banks, including those from Singapore, are being courted to help underwrite Prudential’s purchase of AIA, which will involve raising a record amount of cash. DBS Group Holdings, the largest bank in Southeast Asia, has already been invited
    AP Graphics Source: AIG  -  496 words
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      134 1 EXEC MONEY Insider insight still fairly accurate PAGE 32 THE RED KNIGHTS Wealthy fans plan takeover bid for Man U TRANSPORT HUB The new Insignia could change Opel’s fortunes PAGE CASINO Playing the right cards at Resorts World PAGE 12 PAGE 18 8 *****1 *****4 4 V*1 t-. jf v
      134 words
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      20 1 Commentary: AIA policyholders’ Prudential poser, Page 2 Madoff whistleblower reveals all, blasts SEC BOOK REVIEW BY VIKRAM KHANNA PAGE 3
      20 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon AIA policyholders’ Prudential poser
      828 2  -  COMMENTARY GENEVIEVE CUA Personal Finance Editor PRUDENTIAL plc has hit the sweet spot in its stride across the Asian insurance landscape. Its acquisition of the AIA Group, which parent AIG itself calls the “crown jewel” among its assets, occurs at a time when insurance penetration in
      828 words
    • Article
      Lock icon Australia hikes interest rate as economy picks up
      447 2 Overnight cash rate target raised to 4% from 3.75% Bloomberg [SYDNEY] Australia’s central bank raised interest rates yesterday, saying that the economy is strong enough to withstand any impact from global investor concerns on sovereign-debt risks. Reserve Bank of Australia (RBA) governor
      Bloomberg  -  447 words
    • Article
      Lock icon Blowing hot and cold over gold
      617 2  -  After a great run, gold is giving some investors cold feet By OH BOON PING [SINGAPORE] The phenomenal rise in gold prices last year has clearly caught the eye of big-time investors, including legendary speculator George Soros as well. Stock exchange filings on Feb
      617 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      436 2 Big boys go looking for swank, new offices THE upswing in office leasing deals that started around July last year shows no signs of letting up. The healthy demand signals that rents for the best quality space in Singapore’s financial district could be close to their bottom and
      436 words
    • Article
      Lock icon Obama gets chance to remake Fed
      408 2 Vice-chairman Kohn’s departure creates 3 vacancies LAT-WP [WASHINGTON] The No 2 official on the Federal Reserve Board said on Monday that he will retire, opening a third seat on what may be the world’s most powerful economic body and giving President Barack Obama a
      LAT-WP  -  408 words
    • Article, Illustration
      Lock icon Madoff whistleblower reveals all, blasts SEC
      1350 3  -  No One Would Listen: A True Financial Thriller By Harry Markopolos. 376 pages. Published by John Wiley Sons Reviewed by VIKRAM KHANNA “GIVE me Madoff for five minutes and three questions and I could have him put away.” That’s what the whistleblower Harry Markopolos
      BOOK COVER: THE BUSINESS TIMES AUTHOR’S PHOTO: BLOOMBERG  -  1,350 words
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      260 2 A$ rally fizzles out after news of RBA’s rate hike, Page 6 ill m ::5f rel the playing field Excellence Across the Board Ross is now the only business school worldwide in the Top 10 of BusinessWeek's rankings for Executive Education, EMBA, MBA and BBA programs, and we are honored
      260 words
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      177 3 T SSSSS n —i SsSssS ESsgSSSSRSJ ■S: v*.r *;>. Si Si i~ .V 8SK m mw'ja 1 -■r .'-.-v 1 v% fe .-:-Ti m mm ■a «k i?£ v —i Mw-z?: "R$»e. -V S^lgS'Sg ST[*iS mm 5K«w -,-v mw V .V --V Mr" SU MISURA Ipe Ultimate in Personal Tailoring
      177 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Trading calms down after roaring start
      426 4  -  Turnover in Feb falls 38.4% from Jan, but year on year it keeps the post-crisis cheer By JOYCE HOOI AFTER a blistering start in January, the Singapore Exchange’s (SGX) turnover in the securities market simmered down in February but remained starkly higher year on
      BLOOMBERG  -  426 words
    • Article, Illustration
      Lock icon ETF tracks European sovereign bonds
      519 4  -  Deutsche Bank sees high bond yields as a draw By JAMIE LEE AMONG Deutsche Bank’s latest exchange traded funds (ETFs) launched is one that tracks the performance of European sovereign bonds, including those of debt-ridden Italy, Ireland, Spain and Portugal. This comes amid deep concerns
      519 words
    • Article
      Lock icon Sino-Env board, CEO on right path: SIAS
      281 4  -  By CONRAD TAN THE Securities Investors Association of Singapore (SIAS) yesterday met the new chairman and chief executive of troubled SinoEnvironment Technology Group to discuss the concerns of its minority shareholders. David Gerald, president of SIAS which represents retail investors here, said Charlie
      281 words
    • Article
      Lock icon Parkway’s CEO-designate chomping at the bit
      632 4  -  HOCK LOCK SIEW By NISHA RAMCHANDANI PARKWAY Holdings will see a change in leadership come mid-April but plans to expand its presence in emerging and regional markets will stay the course, a growth strategy which could see it in good stead considering the strong
      632 words
    • Article, Illustration
      Lock icon Swiber narrows Q4 loss to US$6.5m
      594 5  -  Gains from vessel disposals help group to post full-year profit of US$34.7m By VINCENT WEE OFFSHORE construction player Swiber Holdings narrowed its fourth-quarter net loss by more than a fifth to US$6.5 million from US$8.3 million a year ago despite a 3.3 per cent
      FILE PHOTO  -  594 words
    • Article
      Lock icon MediaRing declares its first dividend
      325 5  -  By TEH SHI NING A CHANGE in ownership has led to MediaRing declaring its first ever dividend in a decade-long history. MediaRing’s share price rose one cent on Monday but eased half a cent to 22.5 cents yesterday after its board proposed a final dividend
      325 words
    • Article
      Lock icon Datapulse’s Q2 net profit drops 37.9% to $2.2m
      327 5 DATAPULSE Technology Ltd, a provider of CD and DVD services in the Asia-Pa-cific region, saw its net profit drop 37.9 per cent to $2.2 million for its second quarter ended Jan 31, 2010. The year-on-year fall in profit attributable to equi-ty-holders came
      327 words
    • Article
      Lock icon Sicom secures new clearing licence
      363 7  -  This gives SGX unit room to introduce new commodity categories By KAREN NG SINGAPORE Commodity Exchange (Sicom) has secured a licence to operate a Commodity Market and Clearing House under the Commodity Trading Act (CTA), giving it room to roll out new commodity categories. A
      363 words
    • COMPANY BRIEFS
      • Article
        Lock icon SGX adds six companies to watch-list
        269 7 SIX companies have been added to the Singapore Exchange’s watch-list today for possible future delisting Creative Master Bermuda, AEM Holdings, Sinobest Technology Holdings, Lankom Electronics, JEL Corporations Holdings, and Plastoform Holdings taking the total number of firms on the watch-list to 23. Six others
        269 words
      • Article
        Lock icon Mercator to buy dry bulk carrier for US$38m
        113 7 MERCATOR Lines (Singapore) has entered into a memorandum of agreement for the purchase of a gearless Panamax dry bulk carrier for US$38 million, which will bring the company’s number of owned vessels to 12. The vessel, built in 2007 by China-based Hudong
        113 words
    • Article
      Lock icon STC takes over Chancery Five project
      288 7  -  Development will have 12 freehold strata bungalows By EMILYN YAP THE Straits Trading Company (STC) is taking over a private developer and its cluster bungalow project at Chancery Lane. It said on Monday that it would pay an aggregate of some $13.9 million for
      288 words
    • Article
      Lock icon Orchard Capital bets on Asian issues
      474 7 Reuters [HONG KONG] Orchard Capital Partners is betting on large initial public offerings and secondary placements and higher implied volatility in Asian markets in 2010, said a co-founder of the Hong Kong-based hedge fund manager. “It is still an equity story. The IPOs and
      Reuters  -  474 words
    • Article
      Lock icon Full year ended December 2009
      3099 8 COMPANY NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHANGE CHANGE S$m S$m 1 Wilmar Intl 2,642.38 2,149.51 22.9 33,534.74 40,919.84 -18.0 2 DBS Grp 2,041.00 1,929.00 5.8 6,603.00 6,053.00 9.1 3 OCBC Bk 1,962.00 1,749.00 12.2 4,815.00 4,427.00 8.8 4 UOB 1,902.00 1,937.00 -1.8 5,405.00
      3,099 words
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      511 4 J, m H J ,N \3 3 1 a 411 J >1 5s s. Ni 4 M i& J*& E" "1 r-.. J f THE RESIDENCE CITY WATERSIDE N4 Apartments available from only £157,500 «Luxury contemporary apartments rising 27 floors providing stunning views over 43 acres of open water City
      511 words
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      103 5 Work-Life Excellence Award WHEN YOU PUT YOUR PEOPLE J YOU ALWAYS COME OUT THE WORK-LIFE EXCELLENCE AWARD 2010 CALL FOR ENTRIES IS NOW OPEN. If your company has achieved its business goals while meeting the personal needs of its employees, enter the Work-Life Excellence Award 2010 and get the recognition
      103 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A$ rally fizzles out after news of RBA’s rate hike
      817 6  -  Aussie worth 0.8992 against greenback and 80.12 against yen at 5pm yesterday CURRENCIES OH BOON PING Reporter ALL eyes were on the Reserve Bank of Australia (RBA) yesterday and whether it would raise the cash rate by another 25 basis
      817 words
    • Article, Illustration
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 Active counters with no volume for today are not included. MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 9 4 0 0 0 5 9 4 Manufacturing 38 81 66 5 4 14 43 85 80 Commerce 20 26 20
      Active counters with no volume for today are not included.  -  186 words
    • Article, Illustration
      Lock icon SECURITIES TRADING TURNOVER
      120 6 Sing foreign stocks. Value calculated using Monday's exchange rates. TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,491 18,491 53,554 53,554 Manufacturing 276,984 23,514 300,498 190,895 1,276 192,171 Commerce 69,394 55,360 124,754 93,055 21,567 114,622 Tpt/Stor/Comms 106,566 803 107,369 223,432 146 223,579 Finance
      Sing & foreign $ stocks. Value calculated using Monday's exchange rates.  -  120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 6 Stock name Close Change CapitaLand 3.840 +0.020 CapitaMall 1.790 +0.030 CityDev 10.180 -0.120 ComfortDelGro 1.560 +0.010 Cosco Corp 1.230 -0.010 DBS Grp 14.200 +0.020 F&N 4.350 Genting SP 0.870 -0.040 Golden Agri 0.535 -0.005 HK Land 4.600 -0.040 JMH 29.220 +0.620 JSH 16.980 +0.260 Jardine C&C
      111 words
    • BROKERS’ TAKE
      • Article
        Lock icon Singapore banks
        495 6 Singapore banks DMG PARTNERS SECURITIES, March 2 UNITED Overseas Bank remains our top “buy” within the banking space. While the Q4 2009 results at OCBC Bank and UOB were slightly above our forecasts, DBS Group’s came in marginally lower, due to increased provisions for its Dubai exposure. The
        495 words
      • Article
        Lock icon Neptune Orient Lines
        366 6  -  March 2 close: $1.86 CIMB-GK RESEARCH, March 2 Compiled by CONRAD TAN NEPTUNE Orient Lines’s period 1, 2010 operating statistics (for the six weeks from Dec 26, 2009 to Feb 5, 2010) saw a 10 per cent sequential rise in average freight rate, the first material rise
        366 words
    • Article, Illustration
      Lock icon STI loses 1.86 points in quiet trading
      538 6  -  STOCKS R SIVANITHY Senior Correspondent ANOTHER ho-hum day yesterday ended with the Straits Times Index first rising to an intraday high of 2,787 before drifting lower to 2,772.2 for a nett loss of 1.86 points. There was little in the way of meaningful
      538 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      DAILY  -  4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 Mar 2 VALUE CLOSE BT OB/OS 129.00-180.00 BT CADI -*****.00 -80.00 BT 10-day MA -*****.00 +13.00 FTSE ST Mid Cap 675.05 -0.22 FTSE ST Small Cap 535.68 -1.28 FTSE ST All Share 685.72 -0.48 FTSE ST China Top 275.41 -3.10 FTSE ST China 287.92 -2.62 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME Genting SP 196,940,000 C2O Hldgs 48,273,000 Golden Agri 46,380,000 NOL 30,041,000 ChinaSports 28,784,000 Ying Li 28,582,000 LKH 27,174,000 SwingMedia 21,715,000 SingTel 20,079,000 China Hongxing 18,449,000 VALUE($) Genting SP 173,256,520 SingTel 61,358,105 Wilmar 59,981,040 NOL 55,729,860 UOB 54,802,380 SIA 45,973,475 DBS Grp 40,805,520 CapMallsAsia 39,392,150 Noble Grp
      54 words
    • Article
      Lock icon RISES
      108 6 BY CENTS CLOSE UP DBXT MSAsExJp 10US$ 2709 91.3 2.5 JMH 2922 87.1 2.2 DBXT FTChina25 10US$ 2914 73.0 1.8 Jardine C&C 2498 64.0 2.6 DBXT FTVietnam 10US$ 4306 61.8 1.0 UOB 5.05%NCPS 100 ***** 50.0 0.5 JSH 1698 36.5 1.6 Lyxor India Nifty 10 1540 29.0 1.9 CIMBAsean40
      108 words
    • Article
      Lock icon FALLS
      116 6 BY CENTS CLOSE DOWN OCC 5.1% NCPS 100 *****-184.0 -1.8 GLD 10US$ ***** -60.4 -0.4 DBXT S&P Short 10US$ 5360 -43.6 -0.6 UOB 1820 -18.0 -1.0 UOB.ES.1003 1828 -16.0 -0.9 DBXT DJE50 10US$ 3945 -15.5 -0.3 CityDev 1018 -12.0 -1.2 DairyFarm 611 -9.8 -1.1 GentingSSGAeCW*****8 7.5 -9.5 -55.9 Venture
      116 words
    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands Mar 2 CHNG YR 2010 CLOSE FR Mar 1 S$ LOW S$ HIGH US$ 1.4065 -0.11 1.4219 1.3869 Euro 1.8959 0.96 2.0153 1.8959@ Pounds 2.0969 1.59 2.2776 2.0969@ A$ 1.2644 -0.05 1.2923 1.2276 Yen* 1.5789 -0.41 1.5897 1.5027 Rupiah* 0.***** 0.22 0.***** 0.***** Baht* 4.2940 -0.62
      87 words
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      110 7 The Volkswagen Tiguan. Wild, if you want. Now you can unleash your wild side on all kinds of terrain, even city streets. A compact SUV packs up to 200bhp, hits lOOkm/h in 8.5 seconds and has a 6-speed automatic gearbox meaning you get the most powerful and dynamic performance in
      110 words
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  • SINGAPORE NEWS
    • Article
      Lock icon MPs weigh in on productivity debate
      935 9  -  They fear higher levy will deter foreign investors; layman’s misinterpretation YESTERDAY IN PARLIAMENT Reports by CHUANG PECK MING TEO Chee Hean is the best man to head the National Productivity and Continuing Education Council because of his long years in the Singapore Armed Forces
      935 words
    • Article
      Lock icon Diagnosing dengue with a finger prick
      271 9  -  New test flags presence of virus in four hours By OLIVIA HO A PRICK of the finger will now be enough to diagnose dengue, thanks to a new viral diagnostic test developed by researchers from A*Star’s Institute of Microelectronics (IME). The test flags the
      271 words
    • Article
      Lock icon Course for IT retail sales staff
      267 9  -  By ABIGAIL KOR SINGAPORE’S first customised retail training course for IT retail salespeople was launched yesterday. The Microsoft Retail Sales Professional (MRSP) programme aims to boost productivity, improve the overall consumer experience and boost the island’s profile as an IT hub. The programme is
      267 words
    • Article
      Lock icon Manufacturing slightly up in Feb
      337 10  -  Electronics reverse the marginal rise seen in Jan with a slight drop By OH BOON PING CONTINUING its expansion for the 10th consecutive month, Singapore’s manufacturing activity rose marginally in February, even though growth in the electronics sub-segment appeared to have slowed. February’s purchasing manag-
      337 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Start-up bags licence from Exploit Tech
        49 10 START-UP Rhapsody Biologics has secured a licence for a portfolio of technologies from Exploit Technologies. The portfollio will be used to create a versatile personalised peptide vaccine (PPV) platform to predict and optimise peptide vaccines for use at an individual and population level.
        49 words
      • Article
        Lock icon Election registers open for public inspection
        63 10 THE revised Registers of Electors for the 23 Constituencies (14 Group Representation Constituencies and nine Single Member Constituencies) are open for public inspection at the Elections Department and 105 community centres/clubs as well as nine designated Singapore diplomatic missions. Online checking by individuals of
        63 words
    • Article, Illustration
      Lock icon Leo Burnett eyeing Asia-Pac ad market
      473 10  -  By JOYCE JOYCE HOOI 2010 might be the year that it all comes together for ad firm Leo Burnett, and Singapore will be at the epicentre of its growth in the region. Following news of the Singapore office’s win of the United Overseas Bank’s
      YEN MENG JIIN  -  473 words
    • Article
      Lock icon Online users willing to pay for content
      362 10  -  But they are less keen to pay for news, Asia-Pac survey finds By SAIWALLA ZEINAB YUSUF SAIWALLA MUCH remains unknown about the future of the Internet and how online businesses will shape up, but according to a recent survey by Nielsen, selling content
      362 words
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      221 9 facebook.com/kia.insider Style or Substance Love OR Lust f>/jH Beauty OR Brains MPV OR SUV -Ck/A: I WJ 1 Life makes you choose. The all new-Kia Sorento doesn't. In a world that's full of difficult choices, the Kia Sorento offers a taste of freedom. Because no matter what your choices are,
      221 words
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      892 10 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg AQUA-TERRA SUPPLY CO. LIMITED (Incorporated in the Republic of Singapore) Unique Entity Number *****0108D NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Aqua-Terra Supply Co. Limited (the "Company") will be held at 19 Jurong Port Road,
      892 words
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      709 10 AQUA-TERRA SUPPLY CO. LIMITED (Incorporated in the Republic of Singapore) Unique Entity Number *****0108D NOTICE OF COURT MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons Number 62 of 2010/P In the matter of Aqua-Terra Supply Co. Limited (RC No. *****0108D) And In the matter of Section
      709 words
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      247 11 On schedule. Team effort. West Orion Bound for a 6-year charter with Petrob Sembcorp Marine's subsidiary, Jurong Shipyard, has successfully built the third 6 th generation ultradeepwater dynamic positioning semi-submersible for leading Norwegian energy group, Seadrill. West Orion, a Friede Goldman ExD Millennium Class semi-submersible, was officially named on 27
      247 words
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  • FOCUS: CASINO
    • Article, Illustration
      Lock icon Resorts World – adding it up
      1451 12  - Resorts World adding it up There’re more pluses than minuses but it’s early days still for the casino at Resorts World, reports LEE U-WEN LEE U-WEN A MIDDLE-AGED woman strolled up to the roulette table, clutching her branded handbag as she reached inside for a wad of notes. She changed
      REUTERS  -  1,451 words
    • Article, Illustration
      Lock icon Know thyself and know the house rules
      931 12  -  By ARTHUR LEE A PRETTY, young intelligent contact and her friends paid a visit to Resorts World Sentosa’s spanking new casino over the Chinese New Year (CNY). They were curious at how it looked and eager to try and win some money. Playing
      ARTHUR LEE  -  931 words
  • Page 12 Advertisements
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      65 12 IK b Enquiries and viewings, please contact: Evelyn Ng 9847 6899 ■rt/il I 1 19,OOOsqft Spacious Road 11,000sqft Living Space Sumptuous Interiors with Luxury Bathrooms Private Pool and Pavilion Fully furnished with Designer's furniture •Car park spacious for 16 cars Designed by award-winning firm K2LD Modern accents reflected throughout Large
      65 words
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      32 12 0 o n o For Details, Log On To II v sstravellens.ci J the ultimate travel resource bu SPH 'I i jj *>T ten *Prizes sponsored by Cathay Pacific Airlines CATHAY PACIFIC
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      13 12 Head to CATS FASTADS in The New Paper for beauty haircare services! MATS
      13 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Buffett slams M&A advisory fee structure
      563 13 He suggests hiring a 2nd adviser that gets paid only if the deal falls through NYT [NEW YORK] “Don’t ask the barber whether you need a haircut.” That little nugget was buried in Warren Buffett’s annual letter to Berkshire Hathaway shareholders published over the
      NYT  -  563 words
    • Article
      Lock icon Norway fund revises ethical investment guidelines
      407 13 Reuters [OSLO] Norway has launched revised ethical guidelines for its US$450 billion fund, Europe’s biggest equity investor, putting increased emphasis on active ownership of the fund’s investments, the finance ministry said yesterday. The central bank-man-aged fund follows ethical guidelines set by the government and,
      Reuters  -  407 words
    • Article
      Lock icon China targeting bigger budget deficit in 2010
      314 13 Reuters [BEIJING] China will target a higher budget deficit this year of more than one trillion yuan (S$205 billion), a senior lawmaker said yesterday. Yin Zhongqing, deputy head of the financial and economic committee of the National People’s Congress, China’s largely ceremonial parliament,
      Reuters  -  314 words
    • Article
      Lock icon Japan jobless rate falls for 2nd straight month
      261 13 AP [TOKYO] Japan’s unemployment rate fell for the second straight month in January and household spending posted solid growth despite a decline in wages further signs of recovery in the world’s second largest economy. The jobless rate fell to 4.9 per cent
      AP  -  261 words
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      1421 13 Advertising Feature South Korea, Japan and China Lead the World in Innovation: Thomson Reuters Gaining business advantage through innovation "A study by Thomson Reuters on 2009 patent activity shows that Asian companies account for 56% of the top 25 patentees in the US." Innovation is widely seen in today's economy
      1,421 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Higher earnings seen for M’sian firms in 2010
      463 14  -  Banking and finance sector shows strong performance in Q4 2009 By PAULINE NG in Kuala Lumpur MALAYSIAN companies turned in a mixed performance in the final quarter of 2009 but analysts have raised their earnings forecast for the current year based on
      463 words
    • Article, Illustration
      Lock icon Probe fails to resolve reform divisions
      502 14 Reuters [JAKARTA] A parliamentary probe yesterday failed to resolve bitter divisions over the fate of two key promarket lawmakers in Indonesia’s Cabinet, signalling conflict over whether economic reform would continue. Legislators jeered as it became clear that the inquiry had failed to reach agreement
      Reuters; REUTERS  -  502 words
    • Article
      Lock icon Indonesia, Australia launch A$30m forest CO2 project
      378 14 Reuters [SINGAPORE] Indonesia and Australia launched a A$30 million (S$38 million) project yesterday to fight deforestation in Sumatra as part of efforts to cut greenhouse gas emissions and boost a planned forest-carbon trading scheme. The project, to target Sumatra’s Jambi province that has
      Reuters  -  378 words
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      325 14 www.itshow.com.sg 14" MARCH 2010 Suntec Singapore Levels 0, Q, 0, Q 12 noon 9 pm Daily FREE ADMISSION I.T DIGITAL MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE wJLi i jgi OPENING THURSDAY! Plus Win 1st Prize Of S$20 9 000 CASH And Other Cash Prizes (One coupon for every $100 paid
      325 words
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      110 14 A world of new ICT products solutions m HODC International ICT Expo 13-16 April 2010 Hong Kong Convention and Exhibition Centre Prime downtown location Over 560 quality exhibitors from 16 countries and regions Themed zone highlights: Computer Peripherals, Telecom, Networking Wireless Technologies, Enterprise Solutions and IT Outsourcing Held concurrently with
      110 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Enforce credit policy to ensure growth: regulator
      497 15 Loans must support job-generation, farming and small businesses, he says Reuters [BEIJING] China must find the right balance in lending to ensure steady economic growth while keeping inflationary pressures in check, the country’s top banking regulator said in remarks published yesterday. Liu Mingkang,
      Reuters  -  497 words
    • Article
      Lock icon Sands China’s 2009 profit up
      388 15 Bloomberg [HONG KONG] Sands China Ltd, the Macau casino operator controlled by billionaire Sheldon Adelson, said 2009 profit rose 22 per cent on higher spending in the world’s biggest gambling hub. Net income increased to US$213.8 million from US$175.7 million a year earlier, Sands China,
      Bloomberg  -  388 words
    • Article, Illustration
      Lock icon Wealth gap at its widest last year
      438 15 AFP [BEIJING] China’s rural-ur-ban wealth gap was the widest last year since the nation launched its economic transformation three decades ago, state media said yesterday, amid concerns the disparity could spark unrest. Urban per capita income stood at 17,175 yuan (S$3,500) in 2009,
      AFP; REUTERS  -  438 words
  • Page 15 Advertisements
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      546 15 ■I '4 < n I rv 0. 1 a s s < 4 IN i "^45 Sir P ,K1 fi i OCBC Securities Trade shares globally like you're there? Let's talk. To start trading in foreign markets with and contact your Trading Representative, call our hotline on 1800 338 8688
      546 words
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  • INDIA
    • Article
      Lock icon Agencies wrong on India rate call, says official
      736 16 They don’t understand the underlying credit strengths of India Bloomberg [NEW DELHI] Goldman Sachs Group Inc analysts are likely to be proven wrong on forecasting three percentage points of interest rate increases in India this year, an aide to the prime minister
      Bloomberg  -  736 words
    • Article
      Lock icon Govt to retain majority stake in state-run firms
      304 16 Bloomberg [MUMBAI] India plans to retain at least a majority stake in government-controlled companies as it accelerates asset sales to raise 400 billion rupees (S$12.22 billion) in the financial year starting next month. “I am not going for any strategic sale,” Finance
      Bloomberg  -  304 words
    • Article, Illustration
      Lock icon India’s exports rise for third month in January
      304 16 Bloomberg [NEW DELHI] India’s exports rose in January for a third straight month as economic recoveries in the US and Europe created demand for the nation’s cars and jewellery. Overseas shipments rose 11.5 per cent to US$14.3 billion, the Ministry of Commerce
      Bloomberg; AFP  -  304 words
    • Article
      Lock icon Hyundai feeds on Toyota woes while GM joins recalls
      615 17 S Korean carmaker’s Feb sales jumped 23% y-o-y to 250,995 vehicles Reuters [DETROIT] South Korea’s Hyundai Motor Co announced a sharp rise in February sales, benefiting from recall woes at rival Toyota Motor Co, which planned aggressive incentives to win back
      Reuters  -  615 words
    • Article
      Lock icon BHP, Rio lose $US20b on iron ore: Goldman
      239 17 Bloomberg [MELBOURNE] BHP Billiton Ltd, Rio Tinto Group and Fortescue Metals Group Ltd may be missing out on about US$20 billion of sales a year by not selling iron ore mined in Australia at cash prices, said Goldman Sachs JBWere Pty. “We
      Bloomberg  -  239 words
  • Page 16 Advertisements
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      400 16 MAKE MONEY IN i TODAY'S MARKET A SEMINAR jTv Market conditions are volatile, so in difficult times it's crucial that you use proven time tested strategies to build and protect your wealth. COME TO THIS SEMINAR AND DISCOVER HOW YOU CAN: Use a proven step-by-step system for maximising returns Find
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      701 16 B6AT3 Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES SSH CORPORATION LTD. (Incorporated in the Republic of Singapore) Unique Entity Number *****0985C NOTICE OF COURT MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons Number 60 of 2010/F In the matter of SSH Corporation Ltd. (RC No. *****0985C) And
      701 words
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  • Page 17 Advertisements
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      4905 17 MANDATORY CONDITIONAL CASH OFFER by LIM ENG HOCK (also known as Peter Lim) to acquire all the issued and paid-up ordinary shares in the capital of and all outstanding warrants issued by VViSi?/ UNITED PULP PAPER COMPANY LIMITED (Unique Entity Number *****0346M) (Incorporated in the Republic of Singapore on 7
      4,905 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Thai firms in former Thaksin stable hit by court decision
      508 18  -  Shin Corp dips 3.45%; Thaicom plunges 9.1%; AIS down 4% By LEE U-WEN THE controversial court ruling last Friday that saw ex-Thai prime minister Thaksin Shinawatra forfeit 60 per cent of his frozen assets has caused shares in companies majority-owned
      BLOOMBERG  -  508 words
    • Article
      Lock icon More women in Asia-Pac see a bright future: survey
      254 18 Reuters [SINGAPORE] They’re confident, hold the household purse-strings and earn good money: more women in the Asia-Pacific area this year are feeling empowered and optimistic about the future after 2009’s economic woes, a survey shows. The region’s overall score in the
      Reuters  -  254 words
    • Article
      Lock icon Japan may extend programme for buying stocks from banks
      371 18 Bloomberg [TOKYO] Japan may extend a programme to buy stocks from banks because the risk of losses on crossshareholdings may rise if the nation’s economy falters, an executive at the Banks’ Shareholders Purchase Corporation said. The government passed legislation last March
      Bloomberg  -  371 words
    • Article
      Lock icon Wealthy fans plan possible takeover of Man Utd
      517 18 Reuters [MANCHESTER] A group of wealthy supporters of Manchester United is looking into a possible bid for the English football club though its billionaire American owners say it is not for sale. The “Red Knights”, a collection of individuals including former Football
      Reuters  -  517 words
    • Article
      Lock icon Thai IRPC plans US$1.4b expansion over 5 years
      355 18 Reuters [BANGKOK] Thailand’s IRPC Pcl, operator of South-east Asia’s biggest integrated petrochemical complex, aims to spend US$1.4 billion in the next five years on expanding capacity to meet rising demand, an executive said. IRPC plans to upgrade facilities to be among the
      Reuters  -  355 words
  • Page 18 Advertisements
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      86 18 V J 1 I Z' WINE DINE AND HOSPITALITY SPRING DELICACIES Indulge in a ten-course kaiseki experience ($160++) featuring early Spring delights such as Japanese Hairy Crab (Kegani), Bamboo Shoots and Mountain Vegetables. The menu includes Sea Urchin (Uni), a prized delicacy and Japanese Wagyu Beef, simply grilled. For culinary
      86 words
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  • WORLD
    • Article
      Lock icon US highway plans, jobless aid disrupted
      458 19 Republican Senator prevents renewal of these projects Reuters [WASHINGTON] Unemployment benefits for hundreds of thousands of jobless people ran out on Monday and highway programmes across the United States suspended work after a Republican lawmaker prevented their renewal. As Democrats in Congress sought to
      Reuters  -  458 words
    • Article
      Lock icon Obama set to unveil changes to health care reform plan
      522 19 Reuters [WASHINGTON] US President Barack Obama will offer changes to his health care overhaul this week, the White House said on Monday, and Democrats said they were working to include more ideas advocated by Republicans. After a health care “summit”
      Reuters  -  522 words
    • Article
      Lock icon Senate close to nailing down new rules for Wall Street
      549 19 A consumer unit with autonomous powers to be set up under the Fed AP [WASHINGTON] More than a year after Lehman Brothers’ collapse set off a financial panic, Senate negotiators appear close to resolving a narrow dispute that was holding
      AP  -  549 words
    • Article, Illustration
      Lock icon Craving for snacks turns US kids into ‘constant eaters’
      653 19 Reuters [WASHINGTON] American children eat an average three snacks a day on top of three regular meals, a finding that could explain why the childhood obesity rate has risen to more than 16 per cent, researchers said yesterday. Children snack so
      Reuters  -  653 words
  • Page 19 Advertisements
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      1381 19 WATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF SCHRODER CAPITAL INVESTMENTS (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) CO. REG. NO. *****0284M At an Extraordinary General Meeting of SCHRODER CAPITAL INVESTMENTS (SINGAPORE) PTE. LTD. convened and held at
      1,381 words
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  • Transport HUB
    • Article, Illustration
      Lock icon Somali pirates set to gain from Asia coal boom
      786 20 More bulk carriers now seen at risk; insurance, diversion costs to keep rising Reuters [LONDON] Booming Asian demand for South African coal will put more ships at risk from Somali pirates operating in the Indian Ocean and raise insurance and freight
      Reuters; REUTERS  -  786 words
    • Article
      Lock icon TRANSPORT STOCKS
      281 20 SGX '000 Mar 2 S$ +/-Vol CH Offshore 0.66 -0.01 259 Chuan Hup Hldgs unch unch 0 Cosco Corp 1.23 -0.01 ***** CWT Ltd 0.91 -0.01 599 Ezra Hldgs 2.20 -0.05 5993 First Ship Lease 0.60 -0.01 370 Freight Links 0.05 unch 160 Grand Banks unch unch 0
      281 words
    • Article
      Lock icon Need for compliance services rising
      434 20  -  By VINCENT WEE GROWING global concern over environmental and security issues and the resulting requirements to comply with new regulations such as the EU Reach and US Importer’s Security Filing 10+2 programmes are causing more supply chain companies to see a need for more compliance
      434 words
    • Article, Illustration
      Lock icon SEMBCORP’S RIG FOR SEADRILL
      87 20 SEMBCORP Marine recently held a naming ceremony for West Orion, the third of a series of four turnkey ultra-deepwater semi-submersible drilling rigs its Jurong Shipyard unit is building for Seadrill. The Friede and Goldman (F&G) ExD Class semi, which is on track for delivery in the
      87 words
    • Article
      Lock icon Muted response to emissions breakthrough
      829 20  -  S’pore firm’s system seen as too good to be true STRAIT TALK By DAVID HUGHES IHAVE been a shipping journalist for over 20 years now but I am sure I have never come across a story like the one about Singapore-based Ecospec Global Technology's CSNOx
      829 words
    • Article
      Lock icon Overseas Shipholding posts over US$23m loss for Q4
      449 20 Exposure to low spot rates also impacts company’s revenue Bloomberg [NEW YORK] Overseas Shipholding Group (OSG), the largest US-based oil tanker owner, reported a fourth-quarter loss of US$23.2 million as shipping rates tumbled. The loss was 86 cents a share, compared to
      Bloomberg  -  449 words
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  • ASIA PACIFIC MARITIME 2010
    • Article, Illustration
      Lock icon Gearing up for challenging times
      809 21  -  VINCENT WEE looks at what this year’s APM event offers VINCENT WEE DESPITE the problems of the past year or so, the common refrain from the maritime industry has been that recovery is coming and that it will be led by Asia. And after a
      REUTERS  -  809 words
    • Article
      Lock icon How maritime community harnesses satellite technology
      406 21 VAST advances in technology have improved satellite communications to the point that almost all land-based services are also available at sea. While the infrastructure is becoming more widespread, what needs to catch up is the provision of services to ensure that seamless communication is
      406 words
  • Page 21 Advertisements
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      844 21 Asia Pacific MARITIME 11 th edition u SHIPPING IN ASIA TODAY, PREPARING FOR THE FUTURE Network with 900 International Participating Companies Meet 12 National Pavilions Attend 10 High-powered Conferences and Seminars Source for the Latest Maritime Equipment,Technologies and Services 24 26 March 2010 Singapore Expo Halls 3 and 4 www.apmaritime.com
      844 words
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  • TRANSPORT HUB: AVIATION
    • Article
      Lock icon Global air passenger traffic in January up 6.4%
      451 22  -  Despite sector’s rebound, Iata sees combined loss of US$5.6b this year By VEN SREENIVASAN COMMERCIAL airline traffic has continued to improve in January, according to the International Air Transport Association (Iata). Compared with a year back, passenger demand was up 6.4 per
      451 words
    • Article, Illustration
      Lock icon Qantas CFO quits for personal, health reasons
      348 22 Virgin Blue names former Qantas GM John Borghetti as its new chief executive Bloomberg [SYDNEY] Qantas Airways, Australia’s largest carrier, said chief financial officer Colin Storrie will step down at the end of this week because of “personal and health reasons”. Gareth Evans,
      Bloomberg  -  348 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2915 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 SQ456 1245 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 JL5083 2215 QF82 2215 LH9770 2350 SQ269 2350 --VS7269 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam KL145 0010 KL146 0150 LO4031 0610
      2,915 words
    • Article
      Lock icon Thai Airways planning 40b baht bond issue
      262 22 Bloomberg [BANGKOK] Thai Airways International Pcl, the nation’s state-controlled carrier, said its board approved a plan to sell as much as 40 billion baht (S$1.7 billion) of bonds over the next five years. The bonds may be issued in baht or other currencies
      Bloomberg  -  262 words
    • Article, Illustration
      Lock icon Boeing seeks foreign buyers for giant cargo jet
      386 22 Xinhua [LOS ANGELES] Boeing has been engaged in an intensified sales campaign to seek foreign buyers for its mammoth cargo plane C-17 in hopes of keeping its sprawling assembly line in Long Beach, California, from closing in two years, the Los Angeles
      Xinhua; BLOOMBERG  -  386 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      312 22 CRYPTIC CROSSWORD Across 1 Sensible paraglider heading this way? (4-2-5) 7 Gadget army medic used on soldiers (5) 8 Threesome in Pennsylvania city briefly returned flying the flag (9) 10 Young girl? (7) 11 Throwing darts, gets honour and fame (7) 12 Dread losing face making a mistake (5) 13
      312 words
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  • TRANSPORT HUB: LAND
    • Article, Illustration
      Lock icon Opel pins revival hopes on Insignia
      585 23  -  The groundbreaking model is to set standard for new generation By SAMUEL EE AUTHORISED Opel distributor Auto Eurokars is hoping that the new Insignia will signal a resurgence of the German brand in Singapore and is targeting annual sales of 100 units. Opel is
      585 words
    • Article, Illustration
      Lock icon New ez-link cards launched for private buses
      516 23  -  By SAMUEL EE EZ-Link has partnered an Australianbased technology company to unveil the next-generation contactless fare payment system for private bus operators, which could be used to replace the system now found in public buses. EZ-Link is the issuer and distributor of the
      516 words
    • Article
      Lock icon India Infrastructure may use US$500m of forex reserves
      574 23 It will use amount to build roads, ports and power plants Bloomberg [MUMBAI] India Infrastructure Finance Co, a state-run entity that extends loans at preferential rates, may use US$500 million of the nation’s for-eign-exchange reserves in the coming fiscal year to build
      Bloomberg  -  574 words
    • Article
      Lock icon Daimler, BYD to develop electric vehicle
      290 23 Bloomberg [TOKYO] Daimler AG and BYD Co, the Chinese carmaker backed by billionaire Warren Buffett, will jointly develop an electric vehicle to be sold in China, the world’s largest car market. Daimler, the world’s second-largest maker of luxury cars, and BYD signed an agreement
      Bloomberg  -  290 words
  • Page 23 Advertisements
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      7 23 T i fWSTVi* tttlftehfts www.i"adi° 91 3-com
      7 words
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      Lock icon Page 23 Advertisements Column 2
      147 23 March Pulses Out Now! Check out how four Singapore companies market their popular F&B products overseas. Wilmar International gives investors a glimpse into the agri-business value chain. Is recovery on the horizon for airlines? What's ahead for the regional markets. The money-happiness link is stronger for people paid by the
      147 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon A return to fiscal prudence in India
      493 24 EDITORIAL TWO pieces of news after India’s Budget last week give a good indication of the direction in which the government wants to take Asia’s third-largest economy. One was that India’s manufacturing output climbed the most in 18 months in February. The other
      493 words
    • Article, Illustration
      Lock icon Toyota incident offers key lessons for brands
      1045 24  -  A look at some of the important steps a firm’s management has to take in times of crisis By MARTIN ROLL The writer is a Singapore-based branding consultant B RANDS play an important role in modern society in both scope and scale. Think
      REUTERS  -  1,045 words
    • Article, Illustration
      Lock icon History not on China’s side over US arms sale to Taiwan
      768 24  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator RECENTLY, after the Obama administration announced a substantial arms sales package for Taiwan one that was almost entirely defensive China responded vociferously by suspending military
      768 words
    • Article, Illustration
      Lock icon Coping with rising urban population
      889 25  -  By adopting new intelligent systems, cities around the world can grow and flourish as their populations increase By FOONG SEW BUN The writer is a distinguished engineer and chief technologist with IBM Singapore THERE was a time when if someone asked about Singapore’s population, the
      REUTERS  -  889 words
    • Article, Illustration
      Lock icon Should taxpayers pay for bankers’ mistakes?
      976 25  -  By MATTHEW LYNN The writer is a Bloomberg News columnist. The opinions expressed are his own A REFERENDUM in Iceland isn’t the kind of event that would usually attract much world attention. This time will be different. The country will vote this week on
      976 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8982 26 Transaction date: Mar 2 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 17 unch 60 17 17 16.5 17 1.7 10.6 5.5 81.4 10 2.5 5834
      8,982 words
    • Article
      Lock icon SGX CATALIST
      1670 27 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5.5 4.5 6 30.6 5.3 25 12 8538 t APStrategic 15.5 13 14.5 91.5 4 0.5
      1,670 words
    • Article
      Lock icon SGX ETF
      476 27 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 110.4 107.6 112 504 846 427 CIMBAsean40 100US$ US812 +14 19 812 812 810 814 32.5 298
      476 words
    • Article
      Lock icon CLOB INTERNATIONAL
      261 27 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A47.5 47 49.5 3.6 7.4 3.8 123.7 31 6 6017 Genting HK US$ US18.5 unch 695 18.5 18.5 18.5 19
      261 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9341 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.18/ APS Alpha Fund (USD)!** 0.84/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.67/ Aberdeen Asset Mgt Asia Limited American Opp 0.6372/ Asian Credit Fund 1.2274/ Asian
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 28 In local curr In S$ In US$ dy yr dy yr dy yr Mar 1 Index Change Change Change Change Change Change World Index Preliminary 824.4 1.0 -1.0 0.6 -2.3 0.6 -2.4 EAFE Preliminary 768.7 1.1 -2.1 0.1 -5.0 0.1 -5.2 Europe Preliminary 1101.4 1.4
      365 words
    • Article
      Lock icon PALM OIL
      66 28 Mar 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2629 2621 2632 2603 516 1740 Apr 10 2642 2619 2642 2607 1430 ***** May 10 2635 2612 2635 2597 7155 ***** Jun 10 2614 2597
      66 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 28 Mar 2 Open High Sett STI Mar 2775 2776 2768 SIMSCI Mar 332.7 334.7 332.3 Taiwan Mar 272.7 275.5 273.3 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 28 Mar 2 S$ Bid Offer 1-month 1.4049 1.4062 2-months 1.4052 1.4064 3-months 1.4053 1.4065 6-months 1.4060 1.4072 Source: OCBC
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    • Article
      Lock icon SIBOR
      85 28 Mar 2 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      368 28 Mar 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7400 0 4728 Jun10 99.6600 0 7087 Sep10 99.4850 0 2347 Dec10 99.1950 0 2851 EUROYEN TIBOR FUTURES Mar10 99.5650 443 5057 Jun10 99.6000 99.6000 99.6000 99.6000 200 1619 Sep10 99.6100 99.6100 99.6100 99.6050 200 2351
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    • Article
      Lock icon SICOM FUTURES
      189 28 Mar 2 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 325.0 325.0 325.0 30 551 May 10 325.0 325.0 325.0 10 696 Jun 10 325.0 830 Jul 10 325.0 60 390 Aug 10 325.0 210 Sep 10
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 28 Mar 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 03.06.2010 0.40 1-Year BY*****N 01.11.2010 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.28 5-Year N*****0N 1.375 01.10.2014 100.27 100.32 100.32 7-Year N*****0S
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 28 Mar 2 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2530 1.2900 Can dollar 1.3390 1.3550 Euro 1.8940 1.9150 NZ dollar 0.9740 0.9950 Sterling pound 2.0920 2.1150 US dollar 1.3970 1.4130 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      180 28 Mar 2 $S Offer Bid Overnight 3/16 1/8 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 1/8 US$ Offer Bid 7 days 0.23 0.18 1 month 0.29 0.24 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2403 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 16 5.17 50 4085 ASJ Hldgs W*****1 1.5 1 4 10 3.33 23 2036 Advance SCT Ltd W*****9 0.5 1 87 1844 9.00
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    • Article
      Lock icon INTERBANK CROSS RATES
      465 28 Mar 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.936 6.146 0.666 6.990 41.425 83.656 0.804 10.376 3.047 1.294 76.611 41.493 1.265 6.890 0.974 28.835 29.479 0.604 0.900 Canada 1.069 6.567
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    • Article
      Lock icon PRECIOUS METALS
      138 28 Mar 2 GOLD (US$/oz) Mar 01 Mar 02 Hong Kong 1121.20 1117.30 Feb 26 Mar 01 London 1114.90 1116.25 1115.70 1117.25 CAST BAR Mar 02 (S$) Selling Buying Kilobar "54,081.01" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120.91 50 5gm 343.47 252 10gm 614.18 504 20gm 1157.74
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 28 Mar 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2645 1.2657 0.9002 0.9003 Canadian dollar 1.3511 1.3526 0.9618 0.9621 Euro 1.8997 1.9018 1.3524 1.3527 NZ dollar 0.9767 0.9784 0.6953 0.6959 Sterling pound 2.0924 2.0945 1.4896 1.4898
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    • Article
      Lock icon LONDON METALS
      69 28 Mar 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2110.50 2102.00 3 months 2143.00 2134.00 Copper, Grade A (US$/tonne) Cash 7369.00 7166.50 3 months 7400.00 7195.00 Lead (US$/tonne) Cash 2145.00 2140.75 3 months 2170.00 2165.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon CHICAGO BOT
      105 28 Mar 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 952.50 951.00 959.00 944.00 May 10 962.50 961.00 968.00 953.50 Jul 10 970.50 969.00 976.00 962.00 Aug 10 966.25 965.25 969.25 957.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 39.50 39.29 39.69
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    • Article
      Lock icon LIFFE
      77 28 Mar 1 COCOA (£/tonne) Close Prev High/Low Mar 10 2155 2181 2190/2148 May 10 2170 2189 2204/2157 Jul 10 2162 2178 2193/2149 Sep 10 2139 2156 2170/2125 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1269 1238 1269/1239 May 10 1294 1284 1310/1274 Jul 10 1326 1318 1343/1310 SUGAR (US
      77 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 28 CRUDE OIL PRODUCTS Mar 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.96 0.36 WTI (Near Mth) 78.67 -1.03 Dubai (1-Mth F) 77.48 2.28 Tapis blend 82.50 2.00 Minas 80.40 2.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 81.07 3.41 Jet Kerosene 85.55 1.90 US$/barrel Opec Oil
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      112 28 The more you trade, the more you save. Enjoy automatic rebates and lower commissions Make huge savings on FX and Singapore shares FX spreads from 1 pip Always guaranteed market prices on shares Learn more about our automatic rebates for frequent traders at iqmarkets.com.sq CFD trading can result in losses
      112 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    6580 29 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.
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  • Page 29 Advertisements
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      Lock icon Insider insight still fairly accurate
      814 32  -  Even though insiders missed the bear market, they can nevertheless take credit for anticipating the market rebound that began a year ago By MARK HULBERT NYT CORPORATE insiders are sending fairly positive signals about the market. When stocks began to fall in midJanuary, insiders cut
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      1441 31  -  Jeremy Grantham, GMO’s chief investment strategist, still draws a following By CHARLES STEIN Bloomberg JEREMY Grantham warned in January 2000 that US equities were “more overpriced than at any time in the last 70 years due to the massive overpricing of technology and especially dotcom
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      9 32 POPULAR Jeremy Grantham still draws a following. PG 31
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