The Business Times, 23 June 2010

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Total Pages: 34
1 34 The Business Times
  • 17 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg CO REGN NO *****2868E MICA (P) 123/08/2009 Wednesday, June 23,2010
    17 words
  • 741 1  -  M’sia to look at land swap proposal; toll charges at Second Link to be slashed By CHUANG PECK MING SINGAPORE and Malaysia are poised to resolve the issue ofland owned by Malayan Railway in the Republic and move forward to
    AP  -  741 words
  • 751 1  - New-look yuan will see Sing on song S’pore and several Asian currencies to face upward pressure after China move By NEIL BEHRMANN FOREIGN exchange strategists are bullish about the Singapore dollar and other Asian currencies, following Beijing’s move towards limited revaluation. Analysts expect a small yuan revaluation of around 3
    751 words
  • 142 1 ?ST INDEX 2,872.30 (-13.34) ?ST INDEX FUTURES 2,872 (-14) ?SIMSCI 340.78 (-1.91) ?SIMSCI FUTURES 340.90 (-1.70) FOREX US$ S$ US$ (S$ per US$) 1.380 (US$/S$ per 1.474 2.034 EURO (US$/S$/E) 1.232 1.700 Foreign currency per US$ S$ YEN 90.80 65.80 RM 3.202 2.321 HK$ 7.778 5.637 BAHT 32.34
    142 words
  • Page 1 Advertisements
    • 169 1 EXEC MONEY Oprah Winfrey’s asset management plan PAGE 34 UK BUDGET It’s the harshest in a generation PAGE 2 CAREERS IN WEALTH MANAGEMENT Private bankers back in demand PAGE 29 TRANSPORT HUB 2 more Lexus supercars to land in S’pore PAGE 21 200ARTWORKS 25 YEARSH SCGLOBAL PRESENTS ARTISTS'EDITIONS BY PARKETT
      169 words
    • 23 1 Property players may gain from yuan push, Page 4 Rally fizzles out, Page 4 Corporate America has reason to be wary, Page 18
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  • TOP STORIES
    • 779 2 Finance minister tightens spending, jacks up taxes, hits banks with a levy Reuters AP Bloomberg [LONDON] British finance minister George Osborne produced the harshest budget in a generation yesterday, slashing spending, raising taxes and slapping a levy on banks in a
      Reuters; AP; Bloomberg; REUTERS  -  779 words
    • 674 2  -  China players add buzz; more en bloc deals expected in coming months By KALPANA RASHIWALA [SINGAPORE] Investment sales of property so far this year have already reached $11.26 billion surpassing the $10.62 billion totted up for the whole of last year, according to latest
      Source: CB Richard Ellis  -  674 words
    • 550 2 New-look yuan will see Sing on song WITH greater clarity emerging from China’s new currency stance, forex strategists have been redoing their sums. Many are bullish on the Singapore dollar. The Hong Kong and Taiwanese currencies, the Korean won, the Indian rupee as well as the less-traded currencies
      550 words
    • 518 2  -  By EMILYN YAP [SINGAPORE] More than 1,200 public flat owners have made use of a recent rule relaxation to obtain a second concessionary loan from the Housing Development Board, hoping to move to a smaller or simi-lar-size flat. But although more have turned to
      FILE PHOTO  -  518 words
    • 707 4  -  But commodity markets are unlikely to join the ride, say analysts By JAMIE LEE [SINGAPORE] Property developers in Singapore and Asia could benefit if China nudges its currency up, as Chinese consumers snap up real estate overseas with a stronger yuan in hand.
      REUTERS  -  707 words
    • 524 4  -  By CHEW XIANG [SINGAPORE] When China said on Saturday that it wanted more flexibility in the value of the yuan, it meant just that. Yesterday morning, the People’s Bank of China set the central parity rate the mid-point of the day’s
      524 words
  • Page 2 Advertisements
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      37 words
    • 21 2 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words

  • Page 3 Advertisements
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      122 words

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  • COMPANY NEWS
    • 591 5 Stricter regulations may lead to replacements for old rigs, analysts say Reuters [SINGAPORE/SEOUL] The Gulf of Mexico oil spill could ironically lead to a surge in orders for top rig builders as explorers replace ageing equipment with top-notch platforms that will comply with
      Reuters; FILE PHOTO  -  591 words
    • 488 5  -  $50m upsize option; move to boost balance sheet, ready itself for acquisitions By CHAN YUPING CDL Hospitality Trusts (CDLHT) has launched a private placement of new stapled securities to raise some $150 million in gross proceeds to strengthen its balance sheet and position itself for
      488 words
    • 596 7  -  This is because prices are rising in tandem with GDP growth: Moody’s By SIOW LI SEN SINGAPORE banks’ real estate exposure while hefty is not posing any risks as prices are rising in tandem with economic growth, said analysts from Moody’s
      596 words
    • 283 7  -  It offers both fixed and floating rate options By CHEN HUIFEN MAYBANK Singapore has launched an Islamic financing package for small and medium enterprises (SMEs) seeking financing for completed commercial industrial properties. Called Maybank Islamic Term Financing, the package offers fixed rates for up
      283 words
    • 683 7  -  HOCK LOCK SIEW By SIOW LI SEN IN HIS interview last week, DBS Group chairman Peter Seah said many things but nothing unexpected or controversial. He was (almost) all things to all stakeholders. To local employees, he was their champion when he said
      683 words
    • 422 8  -  Such a move is not provided for in their 60-40 Pantai joint venture By NISHA RAMCHANDANI DISMISSING earlier reports that Khazanah Nasional could resort to buying out Parkway Holdings’ 40 per cent stake in Pantai should its partial offer for Parkway fails, a
      KREAB GAVIN ANDERSON  -  422 words
    • 318 8 THE Singapore Exchange (SGX) said yesterday that it has successfully launched Asia’s first dividend futures contract the Nikkei Dividend Point Index Futures contract. Since its June 17 debut, the contract has achieved total volume of over 1.5 billion yen (S$22.9 million)
      318 words
    • COMPANY BRIEFS
      • 64 8 STX Pan Ocean is entering into a shipbuilding contract with a Chinese shipyard for the construction of Kamsarmax bulkers for a total price of about US$138 million. The construction of these new bulkers is to strengthen the competitiveness of the company’s dry bulk
        64 words
      • 71 8 HLH Group intends to seek investors to invest in its subsidiary, HLH Agriculture (Cambodia) Co Ltd. It has appointed Fubon Capital (HK) Ltd as its financial adviser. No agreement has been reached on the possible transaction as yet, and there is no certainty as
        71 words
      • 69 8 RH Petrogas, engaged mainly in the business of exploration, development and production of oil and gas resources, has appointed Francis Chang as vice-president, exploration and production, and Samuel Cheong as vice-president, commercial. Mr Chang was a vice-president for international operations in GNT International Inc. Mr
        69 words
      • 62 8 Reuters [SINGAPORE] The Singapore Mercantile Exchange (SMX) yesterday said that oil-trading firm Vitol and investment company TransMarket Group have signed as members for the bourse’s August inauguration. SMX has so far announced that it will trade two energy contracts, West Texas Intermediate crude
        Reuters  -  62 words
  • Page 5 Advertisements
    • 415 5 t liLMi 111 m i ■/mm USSR. S, =fc_ k the fastest way to get you there Altitude 3~m ioi£3 i i sbias 00/00 THRU 00/00 00 VIHCEHT TAM AM S$1 1.6 Miles No points expiry 1.6 miles per S$1 spend all year round and no points expiry. The DBS
      415 words

  • SINGAPORE MARKETS
    • 583 6  -  STI falls 13.34 points following Wall Street, regional weakness and negative Europe-wide opening in afternoon STOCKS R SIVANITHY Senior Correspondent MONDAY’Sap-parent enthusiasm for stocks following China’s decision to de-peg its currency fizzled out yesterday, with the Straits Times Index dropping 13.34 points to 2,872.3
      Source: Bloomberg  -  583 words
    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 3 0 0 0 4 7 3 Manufacturing 36 78 67 4 6 10 40 84 77 Commerce 10 24 21 1 3 6 11 27 27 Tpt/Stor/Comms 11 18 14
      186 words
    • 119 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,860 19,860 83,910 83,910 Manufacturing 244,404 8,117 252,521 211,852 536 212,388 Commerce 106,807 3,979 110,786 94,841 1,243 96,084 Tpt/Stor/Comms 91,954 746 92,700 188,908 111 189,019 Finance 21,417 10 21,427 167,421 1 167,422 Construction 146,256 3,610
      119 words
    • 108 6 Stock name Close Change CapMallsAsia 2.200 -0.020 CapitaLand 3.770 CapitaMall 1.890 +0.010 CityDev 10.900 +0.100 ComfortDelGro 1.510 DBS Grp 13.980 F&N 5.140 +0.070 Genting SP 1.150 Golden Agri 0.550 HK Land 5.070 -0.030 JMH 36.020 -0.200 JSH 20.920 +0.440 Jardine C&C 30.860 -0.640 Keppel Corp 8.910
      108 words
    • BROKERS’ TAKE
      • 328 6 June 22 close: $1.38 DBS VICKERS SECURITIES, June 22 YANGZIJIANG announced that QD Asia Pacific (QD), the Middle East partner in the acquisition of PPL Holdings, is subscribing for 84 million new shares in Yangzijiang, or 2.3 per cent of existing shares at $1.295 per share, regardless of
        Source: Bloomberg  -  328 words
      • 556 6  -  Compiled by JAMIE LEE June 22 close: $2.05 CIMB, June 22 MAINTAIN “outperform” and target price of $2.50; no change to earnings: NOL’s period 5, 2010 (P5) operating statistics (four weeks from May 1 to May 28, 2010) saw daily volume scale to record highs while
        556 words
    • 537 6 CURRENCIES Reuters [NEW YORK] The US dollar gained for the second straight day against the euro yesterday as new concerns about the funding needs of European banks offset stronger-than-expected German economic data. The yuan declined against the US dollar after China’s weekend pledge
      Reuters; REUTERS  -  537 words
    • 4 6 DAILY
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    • 65 6 Jun 22 VALUE CLOSE BT OB/OS 647.00-151.00 BT CADI -*****.00 -98.00 BT 10-day MA -*****.00 +64.00 FTSE ST Mid Cap 697.98 -0.20 FTSE ST Small Cap 532.97 -3.99 FTSE ST All Share 708.58 -2.92 FTSE ST China Top 269.28 -3.99 FTSE ST China 292.76 -2.86 FTSE ST
      65 words
    • 56 6 VOLUME UniFiber 135,185,000 Genting SP 83,933,000 Yangzijiang 42,781,000 Golden Agri 34,486,000 Oceanus 24,771,000 SingTel 22,819,000 Noble Grp 20,320,000 Mermaid 20,250,000 Cosco Corp 18,980,000 Uni Envtech 16,167,000 VALUE($) Genting SP 96,185,650 SingTel 69,969,280 DBS Grp 61,158,240 Yangzijiang 58,613,040 UOB 50,969,270 CapitaLand 49,652,330 Keppel Corp 48,786,110 Noble Grp 38,649,030
      56 words
    • 109 6 BY CENTS CLOSE UP OCC 3.93% NCPS10 8900 102.0 1.2 DBXT S&P Short 10US$ 5229 82.7 1.2 JSH 2092 60.7 2.1 Lyxor India Nifty 10 1601 45.0 2.9 DBXT MSBrazil 10US$ 649 41.4 4.8 UOB 5.05%NCPS 100 ***** 40.0 0.4 Great Eastern 1680 34.0 2.1 DBXT FTVietnam 10US$ 4483
      109 words
    • 120 6 BY CENTS CLOSE DOWN DBXTAUDMM 5US$ ***** -1016 -4.3 DBXT Nifty 10US$ *****-568.1 -3.5 GLD 10US$ *****-248.2 -1.5 DBXT E50 10US$ 3644-143.4 -2.8 DBXT SPASX200 10US$ 2815 -78.6 -2.0 Jardine C&C 3086 -64.0 -2.0 DBXT MSJAP 10US$ 3602 -53.8 -1.1 OmegaNav 340 -40.0 -10.5 Pru 500US$ 840 -35.9 -3.0
      120 words
    • 87 6 Where S$ stands Jun 22 CHNG YR 2010 CLOSE FR Jun 21 S$ LOW S$ HIGH US$ 1.3823 -0.35 1.4219 1.3680 Euro 1.6983 0.54 2.0153 1.6886 Pounds 2.0324 0.71 2.2831 2.0003 A$ 1.2113 0.49 1.2960 1.1515 Yen* 1.5252 -1.06 1.5927 1.4467 Rupiah* 0.***** -0.07 0.***** 0.***** Baht* 4.2756 -0.19
      87 words

  • Page 7 Advertisements
    • 268 7 SAXO Opinion 91 CAPITAL MARKETS A TRADER'S BEST CALL We don't say we are No.1. We let the professionals* do the talking FXWeek BEST BANKS 2009 EUROMONEY FX Poll 2009 FXWeek Best Banks Awards 2008 Winner AA|UUGL FX-Week e-FX Awards WORLD FINANCE Forex Awards 2008 *no for us. EUROMONEY FX
      268 words

  • Page 8 Advertisements
    • 52 8 Conserved shophouses with 6-storey new extension in historic location 24 boutique SOHO offices 549 18Q8sf, with ensuite shower Varenna Kitchenette, Miele Applicances American Oak Timber Flooring STRATA OFFICES FOR SALE LIMITED UNITS Exclusive Marketing Agents 9699 6659 Jeannie 9223 9317 Patrick Developer Hong How Investments Pte Ltd A Hong How
      52 words
    • 94 8 TampinesAve 12 6 Ave Tampines Ave 9 Tampines Tampines 7 Central Tampines PH2 TampinTampiConcoues CentrTampiConcoual 8TampiConcouConc se TTTTampines Grande SunPlaza ark Ta m p i n e s Mosque TTTTampines SwimmingCompl T a m pi nes Ave Ave 7 Central 1 s TampinesCentral 3 5 e Ta m p i
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  • SINGAPORE NEWS
    • 539 9  -  Butyl plant relying on Foster Wheeler, Sembcorp, Tuas Power, Stolt-Nielsen By RONNIE LIM GERMANY’S Lanxess has announced some key supply contracts for its 400 million euro (S$681 million) synthetic rubber plant investment at the new Tembusu sector of Jurong Island, with a couple of
      539 words
    • 300 9  -  By FELDA CHAY SINGAPORE’S fertility rate hit an historic low last year, despite initiatives to encourage people to have babies. According to data from the government’s “Population in Brief 2010” study, the total fertility rate (TFR) here dropped to 1.22 in 2009, continuing
      300 words
    • 348 9  -  By NISHA RAMCHANDANI BAYER MaterialScience, which manufactures hightech polymer materials, is investing $12 million in a research facility here, with an eye on potentially doubling its investment. Its Functional Films Research Centre, the group’s first one in the Asia-Pacific, will conduct upstream
      348 words
    • 602 10  -  Landmark conservation building to be turned into a hotel By KALPANA RASHIWALA OGILVY Centre, a landmark conservation building opposite Lau Pa Sat, is now open for application under the reserve list. Prospective bidders will be allowed to bid for the site, which
      URA  -  602 words
    • 298 10 A SURVEY of organisations active in the Asian non-list-ed real estate funds market has found that 63 per cent of investors plan to increase allocations to Asian non-listed real estate funds. The proportion is still lower than the 88 per cent that
      298 words
    • 363 10  -  By EMILYN YAP THE Housing and Development Board (HDB) is putting a public housing site in Tampines up for tender today and market watchers expect developers to show a fair bit of interest in it. The plot at Tampines Avenue 5/Central 8 comes under
      363 words
    • 321 10  -  By EMILYN YAP LANDLORDS of retail space located in the city had little to cheer about in the second quarter. According to a DTZ report yesterday, retail rents at Orchard Road and Scotts Road stayed flat, while those in other areas downtown fell
      321 words
    • 413 10 THE average Asia-Pacific corporate tax rate has fallen by half a point to 27 per cent in 2010, with Singapore’s 17 per cent remaining the third lowest in the region. Reflecting the global downtrend in direct tax rates in recent years,
      413 words
    • 441 10  -  By UMA SHANKARI THE global financial crisis made CapitaLand rethink its strategy for funding expansion, the property group’s chief investment officer Wen Khai Meng said yesterday. CapitaLand learned that it cannot count on just the capital markets for finance after those markets froze during
      441 words
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  • Page 10 Advertisements
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      26 words
  • Page 10 Miscellaneous

  • SERVICE INNOVATION
    • 1281 11  -  It is inevitable that firms embrace service innovation to stay profitable and ensure continued growth, reports TEH SHI NING TEH SHI NING SERVICE innovation ought to be a fundamental strategy of all businesses wanting to create sustainable growth, says Rajendra K Srivastava. This
      ARTHUR LEE  -  1,281 words
    • 508 11 INNOVATION as applied to products and technology is well understood by consumers and corporations alike. But global companies, consultants and academic researchers have begun broadening the innovation focus to consider the services businesses offer, if not directly, then in the course of bringing products to
      508 words
    • 206 11 RAJENDRA K Srivastava has been provost of Singapore Management University (SMU) since 2008 and deputy president (academic affairs) since 2009. As a professor of marketing at SMU’s Lee Kong Chian Business School, his research interests include marketing metrics, brand management, customer management and marketing strategy. But Dr Srivastava
      206 words
  • Page 11 Advertisements

  • ECONOMY WATCH
    • 465 12 Peter Orszag likely to leave Obama administration in the next few weeks [WASHINGTON] White House budget director Peter Orszag has decided to leave the Obama administration, likely in the next few weeks, a Democrat familiar with his plans said on Monday. His departure would
      BLOOMBERG  -  465 words
    • 457 12 AFP [MADRID] Standard Poor’s (S&P) held steady the credit ratings of six top Spanish banks on Monday but warned of future downgrades as loans suffer amid the country’s “uncertain economic environment”. The announcement followed market tension last week over rumours of
      AFP  -  457 words
    • 257 12 AFP [SYDNEY] Powerful growth in Asia will drive Australian exports above A$200 billion (S$242,37 billion) in 2010-11, as new contracts bring in higher prices for coal and iron ore, officials said yesterday. The Australian Bureau of Agricultural and Resource Economics (ABARE) said
      AFP  -  257 words
    • 582 12 But policy flip-flop unsettles currency, bond markets Reuters [SEOUL] South Korea yesterday flagged a plan to tweak currency trading rules unveiled just over a week ago and tighten limits imposed on foreign banks, unsettling currency and bond markets with a sudden
      Reuters  -  582 words
  • Page 12 Advertisements
    • 270 12 BRUNCH'S BARBECUE DINNER The popular all-you-can-eat barbecue dinner returns with delightful, new additions. Expect signature items like Pan Pacific Singapore's sausages amidst other grilled meat and seafood, a refreshing variety of tasty salads, a carving station, plentiful appetisers and desserts. Luxe your palates with an indulgent complement of sparkling Chandon
      270 words

  • MALAYSIA/INDONESIA
    • 871 13 ANALYSIS Reuters [JAKARTA] A fierce battle is being fought for control of Indonesia’s influential chamber of commerce, pitting new-generation candidates against figures with close ties to politicians seen as opponents of reform. Indonesia has become an investor favourite among emerging markets,
      Reuters  -  871 words
    • 532 13  -  It could derail Hong Leong Bank’s takeover bid for EONCap By in PAULINE NG EON Capital yesterday hunkered down to digest the legal suit filed by Primus Pacific Partners against a number of its shareholders and directors for actions relating to
      532 words
  • Page 13 Advertisements
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      36 words
    • 214 13 ir Emirates Gmirates.com/sg ma T V ss if JuuriKj'tk i fir*' 1 aaj'W!!® 'in 7* U..I £.-"1 llfflJpE'1 £s 3 n fjHffiJl ts 'fell '-J. I 1 II 3"lWli5ii|-f=.K,iif S-'" A. 1 J 5™5pi u 5 I B 3 iS®3pa 5 B 1 u rahMiifEiH j SEHOg 111 IJjnBinilffll 1
      214 words

  • GREATER CHINA
    • 603 14 Suspension caused by supply disruption at car parts supplier due to a strike Reuters [GUANGZHOU] A strike at a Japanese car parts supplier in southern China forced Toyota Motor Corp to suspend production at a Chinese car assembly plant yesterday, the latest in
      Reuters  -  603 words
    • 553 14 Bloomberg [WASHINGTON] China’s restrictions on the export of rare-earths used in the manufacture of mobile phones and radar are being targeted by the US Trade Representative for a potential trade case, according to industry representatives. The US has asked business groups and unions to
      Bloomberg; BLOOMBERG  -  553 words
    • 214 14 AFP [TAIPEI] Senior officials from Taiwan and China will hold talks tomorrow in Taipei as the two sides struggle to meet a self-imposed June deadline for signing a proposed trade pact, officials said. Zheng Lizhong, vicepresident of China’s quasi-official Association for Relations
      AFP  -  214 words
  • Page 14 Advertisements
    • 2364 14 GEARS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CPH LTD. (Company registration: *****4583E) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of CPH Ltd. (the "Company") will be held at 10:30 a.m. (or as soon thereafter following the conclusion
      2,364 words
    • 250 14 IMETREXTECHNOLOGIESPTE Co. egno.:*****7358N (INMEMBERS’ UNTAR LIQUID TIONWINDIN UP) AAtt an xtra-ordinar gener meeting he member he Imetr hnologies Pte. Ltd. held SiemensBuilding hnologies Pvt Ltd, Indus Sector 49, Eldams oad, TTeeynampe Chenna 6000 on June, 20 .00a.m, hefollowing esolutions wweerree passedunanimously: 11..“““ “TThat tthe compan be wwound up vvooluntar pursuant
      250 words

  • INDIA
    • 669 15 The JV with IMG has been granted commercial rights to basketball in India Reuters [DETROIT] Sports and entertainment agency IMG and Indian conglomerate Reliance Industries scored an agreement that could eventually lead to the formation of an Indian professional basketball league. As part
      Reuters  -  669 words
    • 514 15 AFP [BERLIN] Anshu Jain already captains Deutsche Bank’s cricket team, and a boardroom reshuffle last week means that the Indian big-hitter is now seen as a prime candidate to be chief executive too. Mr Jain, 47, has just been appointed sole head
      AFP  -  514 words
  • Page 15 Advertisements
    • 20 15 fill Mi •JJJ i^iih ~A fv t t JERRY LUM Marketing Director, MBA, CES View: jerrylum.myweb.sg HP: 8288 0098 ffiAl-.A
      20 words
    • 168 15 lii JIN SHAN T NOW OPEN For Reservations: 6688 7733 MARINA BAY SANDS Hotel Lobby LI-05 Fax: 6688 7723 Website: www.jinshanlou.com w m w > 4 CONGRATULATIONS ON THE GRAND OPENING OF JIN SHAN AT MARINA BAY SANDS RAISE THE CURTAINS... LET THE FINE DINING BEGIN. Let us invite you
      168 words

  • ASIA-PACIFIC
    • 641 16 She has presided over nine years of growth, but analysts say poor have missed out AFP [MANILA] Philippine President Gloria Arroyo will step down next week after overseeing nine years of economic growth, but analysts say the poor masses have missed out and her
      AFP  -  641 words
    • 630 16 Reuters [SYDNEY] National Australia Bank’s (NAB) plans to hive off an asset of AXA Asia Pacific in its bid to get regulatory approval for its US$11.5 billion takeover of AXA AP, is unlikely to pass muster. “The plan looks and sounds weak.
      Reuters; AFP  -  630 words
  • Page 16 Advertisements
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  • WORLD CUP
    • 604 17 Host nation edged out on goal difference; Mexico, Uruguay through AFP AP Reuters [JOHANNESBURG] Uruguay and Mexico advanced to the last 16 of the World Cup on Tuesday while hosts South Africa and the troubled French team made their exits. South Africa suffered
      AFP; AP; Reuters; REUTERS  -  604 words
    • 357 17 AFP [BLOEMFONTEIN, South Africa] A French minister reduced the country’s disgraced World Cup stars to tears as she gave them a dressing down over their tantrums. With the whole of France outraged at the antics of the millionaire footballers in refusing to train
      AFP  -  357 words
    • 1182 17  -  By JEFFREY MARCUS NYT [JOHANNESBURG] The Ivory Coast forward cried out in apparent agony, covered his face with his hands and dropped to the turf with a thud in the waning minutes of his team’s 3-1 loss to Brazil on Sunday at the
      NYT; REUTERS  -  1,182 words
  • Page 17 Advertisements
    • 350 17 [SAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF LEE SIAN TECK ARCHITECTS PTE LTD Company Regn No: *****1773R At an Extraordinary General Meeting of the Company held at 20 Maxwell Road #04-02 Maxwell House Singapore *****3 on 22 June 2010 at 11.00
      350 words
    • 298 17 nI n In ttheMatter The Companies Act, Cap. 50 And nI n In ttheMatter 11.. FCCHOLDINGSPTE (Compan No. *****86N) .2 2. FCCEQUITIESPTE (Compan No. *****66E) .3 3. FIRST APITALASSET PTE (Compan No. 2K) NNOOTICEOFRESOLUTIONS Notice si s is hereb given tthhta t at ta t at tthe Extraordinar Gener Meeting
      298 words
    • 394 17 Notice to all shareholders of Parkway Holdings Limited (“Parkway”) from Integrated Healthcare Holdings Limited (“Integrated Healthcare”) INTEGRATED HEALTHCARE WISHES TO ALERT PARKWAY SHAREHOLDERS TO VOTE ON THE PARTIAL OFFER Shareholders should consider the Offer Document and the circular to be issued by Parkway containing the views of the independent directors
      394 words

  • ASIA-PACIFIC/WORLD
    • 735 18  -  PM under fire for raising possibility of doubling national consumption tax By ANTHONY ANTHONY ROWLEY THE Japanese government yesterday produced its long-awaited Fiscal Management Strategy in which it promised to rein in soaring public debt and to control expenditures over the next few years.
      BLOOMBERG  -  735 words
    • 713 18 Reuters [ATHENS] Greece’s pension reform will be a major test of the government’s resolve to put derailed public finances back on track, with a draft law expected this week amid strong domestic opposition. With perks including early retirement for hundreds of supposedly
      Reuters  -  713 words
    • 412 18 AFP [WASHINGTON] US authorities on Monday issued new banking guidelines aimed at countering pay and bonus practices blamed for the excessive risk taking that fuelled the global financial crisis. The guidelines were to ensure that banks use incentive compensation practices that do not
      AFP  -  412 words
    • 550 18 Hayward to be less hands-on in dealing with oil spill crisis Reuters [LONDON] Beleaguered BP Plc boss Tony Hayward retreated from daily management of the oil spill crisis yesterday and dodged a conference appearance where his stand-in was heckled by angry environmentalists. Mr Hayward’s
      Reuters; REUTERS  -  550 words
    • 597 18 YUAN REACTION Reuters [BOSTON] Looking at Wall Street’s initial surge on Monday, you could easily conclude China’s lifting of the peg that had kept its currency in lockstep with the US dollar for the past two years was an unmitigated boon for corporate
      Reuters  -  597 words
  • Page 18 Advertisements

  • Transport HUB
    • 930 19  -  Event prompts US to relook Oil Pollution Act 1990 STRAIT TALK By DAVID HUGHES SOMETIMES, 20 years seem to pass very quickly. It doesn’t seem that long ago when we were all so concerned about the political and regulatory fall-out from the Exxon
      930 words
    • 278 19 Reuters [BARCELONA] A JPMorgan infrastructure fund deal to buy the Spanish ports of Dragados SPL, a subsidiary of builder ACS, could close at between 700 to 800 million euros (S$1.2 to $1.4 billion), subject to debt financing, a source directly involved in
      Reuters  -  278 words
    • 699 19 Traders are storing fuel in tankers to profit from higher values later Bloomberg [SINGAPORE] Liquefied natural gas (LNG) traders are taking advantage of the lowest shipping rates in five years and rising prices in the UK to store fuel in tankers and
      Bloomberg; BLOOMBERG  -  699 words
    • 203 19 THE International Committee on Seafarers’ Welfare (ICSW) has launched awards to recognise and encourage excellent welfare facilities and services for seafarers. The International Seafarers’ Welfare Awards, announced this week, have four categories seafarer centre of the year, port of the year, shipping company of the
      203 words
    • 442 19  -  SSA chief says general mood now is cautious optimism By JASLENE PANG WITH the global economy picking up, the shipping industry has seen a small and gradual improvement, said Singapore Shipping Association (SSA) president SS Teo at the association’s 14th annual general meeting
      FILE PHOTO  -  442 words
    • 276 19 SGX '000 Jun 22 S$ +/-Vol CH Offshore 0.54 0.01 1487 Chuan Hup Hldg 0.27 unch 30 Cosco Corp 1.54 -0.01 ***** CWT Ltd 0.93 unch 374 Ezra Hldgs 1.94 -0.03 4656 First Ship Lea 0.39 -0.01 1942 Freight Links 0.05 unch 104 Grand Banks unch unch 0
      276 words
    • TRANSPORT HUB: AVIATION
      • 823 20 Deep seat cuts and traffic revival from rise in business travel the causes Bloomberg [DALLAS] US airlines may bump the most passengers in nine years as business travellers resume flying following the deepest cuts in seats since World War II. Almost 220,000
        Bloomberg  -  823 words
      • 431 20 AFP [YAOUNDE] Rescuers found on Monday the wreckage of a crashed plane carrying an Australian mining tycoon and other executives, with 10 bodies found so far, Cameroonian and Congolese officials said. The plane carrying 11 people including tycoon Ken Talbot and the entire
        AFP  -  431 words
      • 283 20 AFP [BEIJING] The first airline to be based in Tibet will launch its first domestic flights from the remote Himalayan region in the middle of next year, state media reported yesterday. Tibet Airlines will operate flights within Tibet and link its
        AFP  -  283 words
      • 506 20 Bloomberg [KUALA LUMPUR] Airbus SAS risks suffering the first cancellation for its superjumbo A380 after Malaysian Airline System Bhd (MAS) said that continued production delays on the world’s largest passenger plane have frustrated the airline. MAS has ordered six A380s, and initial deliveries are more
        Bloomberg; AFP  -  506 words
      • 2953 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 QF82 2230 LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam SQ323 0605 MP96 0840
        2,953 words
    • TRANSPORT HUB: LAND
      • 460 21  -  Whittington Group will formally launch its website tomorrow By SAMUEL EE TWO months after the first online motor insurer entered the Singapore market, a second company will be making insurance available over the Internet from this weekend onwards. Whittington Group says that its
        460 words
      • 619 21  -  By SAMUEL EE SINGAPORE has managed to secure an extra two units of the limited edition $1.248 million Lexus LFA supercar on top of the original two allocated but not before the buyers’ profiles were submitted to the Japanese carmaker. With four
        619 words
      • 619 21 It posts US$419m profit on robust int’l sales; outlook conservative NYT [NEW YORK] FedEx, a company known for its package delivery service, swung to a fourth-quarter profit and offered a conservative outlook that relied on international sales, an area that also led growth
        NYT  -  619 words
      • 752 21 Dutch owner sees unit sales in the US doubling to 16,000 AP [NEW YORK] The new Dutch owner of Saab has a two-pronged strategy to boost ailing sales: assure customers that the company is here to stay, and return the
        AP  -  752 words
      • 204 21 AFP [TOKYO] Japan said yesterday it would push on with efforts to sell its bullet train technology to Vietnam despite the project’s rejection in a rare show of defiance by legislators in the communist nation. “We hope Vietnam will introduce Japan’s
        AFP  -  204 words
  • Page 19 Advertisements
    • 151 19 NOTICE TO TRADE RATE RESTORATION SEA CONSORTIUM PTE LTD A Rate Restoration will be implemented on 15 July 2010. Please be advised that the following minimum rates will apply for all SOC shipments between Taiwan and Philippines with effect from 15 July 2010. All rates indicated are subjected to prevailing
      151 words

  • Page 20 Miscellaneous
    • 297 20 CRYPTIC CROSSWORD Across 1 Awards having no blemishes (6) 5 See 5 Down (8) 9 Birds moult one’s leg is broken (10) 10 Flower from Fair Isle (4) 11 Entertainments having cuts ripe for change (8) 12 Crews on islands, reportedly (6) 13 ‘Huge’ returns, doubled, are not up to
      297 words


  • EDITORIAL & OPINION
    • 489 22 EDITORIAL THE planned listing of Agricultural Bank of China (AgBank), set to be the world’s biggest ever IPO, has been gathering a list of cornerstone investors which reads like the who’s who of the investing world. But it may still be premature to
      489 words
    • 1136 22  -  It is now a ‘fuzzy’ strategy that appears designed neither to please nor offend anyone ANTHONY ROWLEY Tokyo Correspondent LIKE an upscale restaurant menu that carries no prices (because if you need to ask you can’t afford to dine there), the Japanese government’s 10-year
      BLOOMBERG  -  1,136 words
    • 775 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator SOON, possibly within days, Taiwan and China will sign a controversial agreement that Taipei sees as vital to its economic well-being and that the mainland sees as
      775 words
    • 929 23  -  G-20 Summit provides a platform for these nations to be heard on global monetary and financial architecture reforms By PRADUMNA B RANA The writer is associate professor at the S Rajaratnam School of International Studies in Singapore. He was previously a senior director at the
      REUTERS  -  929 words
    • 885 23  -  At the heart of building more advanced aircraft engines are concerns about their environmental impact By MARK KING The writer is Rolls-Royce president Civil Aerospace. This an edited version of his speech at the ISTAT conference recently TONY Tyler, the CEO of Cathay Pacific,
      885 words
    • 522 23  -  iRS REUTERS BREAKINGVIEWS By UNA GALAN AFGHANISTAN’Smineralsrush looks set to be more like a stroll. US officials have held meetings with large listed miners about extracting deposits that they think are worth US$1 trillion, according to a person familiar with the situation. But the
      522 words


  • SINGAPORE STOCKS
    • 8857 24 Transaction date: Jun 22 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 7 3148 8Telecom 15.5 -0.5 195 15.5 15.5 15.5 16 1.7 11.7 5 74.2 10 5.5 5834
      8,857 words
    • 1624 25 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 6 5 7 33.3 5.8 25 13 8538 t APStrategic 18 unch 20 18 16 16
      1,624 words
    • 735 25 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 $mil 116 107 6389 ABF SG Bond ETF 109 111.5 116 497.6 883 610 CIMBAsean40 100US$ US874 865 870 35 306 224 DBS STI ETF
      735 words
    • 251 25 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 $mil 56 27 6000 AVJennings A43.5 41 48 3.6 8 3.5 113.3 31 13 6017 Genting HK US$ US19.5 -0.5 6808 20 19 19 19.5
      251 words
    • 9421 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.17/ APS Alpha Fund (USD)!** 0.85/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.65/ Aberdeen Asset Mgt Asia Limited American Opp 0.6131/ Asian Credit Fund 1.2445/ Asian
      9,421 words
  • Page 24 Advertisements
    • 50 24 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 AUTHORISED RETAILERS SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 VIVOCITY (65) 6278 1698 •SINCERE HAUTE HORLOGERIE SINCERE HILTON SINGAPORE (65) 6738 9971 WATCHES OF SWITZERLAND PARAGON (65) 6732 9793
      50 words


  • FINANCE & COMMODITIES
    • 374 26 In local curr In S$ In US$ dy yr dy yr dy yr Jun 21 Index Change Change Change Change Change Change World Index Preliminary 827.1 1.0 -0.6 0.4 -5.5 1.1 -3.5 EAFE Preliminary 765.5 1.3 -2.5 0.8 -10.9 1.4 -9.0 Europe Preliminary 1103.5 1.0
      374 words
    • 132 26 Jun 22 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1980 1.2340 Can dollar 1.3390 1.3550 Euro 1.6890 1.7080 NZ dollar 0.9690 0.9900 Sterling pound 2.0240 2.0470 US dollar 1.3720 1.3880 Local dollars to 100 units of foreign
      132 words
    • 27 26 Jun 22 Open High Sett STI Jun 2872 SIMSCI Jun 342.7 343.4 340.9 Taiwan Jun 272.0 272.7 270.4 Source: MF Global (S) Pte. Ltd
      27 words
    • 180 26 Jun 22 $S Offer Bid Overnight 1/8 1/16 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.45 0.35 1 month 0.60 0.40 2 months 0.65 0.45 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.10 0.90 12
      180 words
    • 22 26 Jun 22 S$ Bid Offer 1-month 1.3788 1.3806 2-months 1.3786 1.3804 3-months 1.3783 1.3801 6-months 1.3777 1.3795 Source: OCBC
      22 words
    • 73 26 Jun 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 10 2466 2450 2467 2445 858 8241 Aug 10 2426 2404 2427 2401 2175 ***** Sep 10 2397 2377 2403 2375 6745 ***** Oct 10 2384 2365
      73 words
    • 427 26 Jun 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.3300 0 3125 Dec10 99.2250 0 2011 Mar11 99.1250 0 1971 Jun11 98.9800 0 2003 EUROYEN TIBOR FUTURES Sep10 99.6350 99.6400 99.6350 99.6400 0 4183 Dec10 99.6450 0 1372 Mar11 99.6500 99 1906 Jun11 99.6450 99.6450
      427 words
    • 130 26 Jun 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 361.0 Aug 10 344.0 Sep 10 317.0 317.0 320.0 2 Oct 10 310.0 Nov 10 308.0 Dec 10 306.5 Jan 11 306.5 96 Feb 11 306.5 Mar
      130 words
    • 92 26 Jun 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 23.09.2010 0.31 0.25 0.25 1-Year BY*****W 03.05.2011 0.37 0.36 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.75 103.78 103.78 5-Year N*****0N 1.375
      92 words
    • 105 26 Jun 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 963.25 961.00 972.00 958.75 Aug 10 956.75 951.00 964.50 952.25 Sep 10 944.00 937.75 952.25 940.50 Nov 10 939.00 930.50 947.25 933.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 38.05 37.92 38.35
      105 words
    • 5684 27 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      5,684 words
    • 77 26 CRUDE OIL PRODUCTS Jun 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 79.50 1.16 WTI (Near Mth) 77.42 0.07 Dubai (1-Mth F) 77.71 1.44 Tapis blend 83.45 1.70 Minas 82.40 1.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 74.61 0.17 Jet Kerosene 91.20 1.60 US$/barrel Opec Oil
      77 words
    • 2369 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 6.00 47 4085 ASJ Hldgs W*****1 3 1 4 2.33 20 2036 Advance SCT Ltd W*****9 0.5 1 87 2817 6.00 2 6168
      2,369 words
    • 466 26 Jun 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.898 5.983 0.713 6.832 40.378 79.236 0.798 10.387 2.813 1.240 75.011 40.106 1.212 6.609 0.974 28.184 28.405 0.596 0.878 Canada 1.113 6.660
      466 words
    • 85 26 Jun 22 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 26 Jun 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2110 1.2132 0.8782 0.8787 Canadian dollar 1.3480 1.3506 0.9775 0.9782 Euro 1.6985 1.7009 1.2317 1.2319 NZ dollar 0.9770 0.9786 0.7085 0.7088 Sterling pound 2.0328 2.0358 1.4741 1.4745
      154 words
    • 140 26 Jun 22 GOLD (US$/oz) Jun 22 Jun 21 Hong Kong 1239.20 1260.10 Jun 21 Jun 18 London 1254.40 1258.65 1255.15 1259.65 Source: Thomson Reuters CAST BAR Jun 22 (S$) Selling Buying Kilobar 58,933.46 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 131.61 55 5gm 374.5 275 10gm 669.82
      140 words
    • 69 26 Jun 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1930.00 1914.00 3 months 1961.00 1944.00 Copper, Grade A (US$/tonne) Cash 6576.00 6408.00 3 months 6604.00 6435.00 Lead (US$/tonne) Cash 1809.50 1722.50 3 months 1833.00 1745.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 82 26 Jun 21 COCOA (£/tonne) Close Prev High/Low Jul 10 2465 2456 2479/2445 Sep 10 2360 2345 2365/2336 Dec 10 2268 2259 2273/2250 Mar 11 2232 2226 2232/2214 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1538 1543 1562/1527 Sep 10 1573 1571 1589/1560 Nov 10 1583 1577 1595/1569 Jan 11
      82 words

  • Page 27 Advertisements

  • Page 28 Advertisements
    • 46 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      46 words

  • CAREERS IN WEALTH MANAGEMENT
    • 1318 29  -  Some banks are recruiting aggressively due to rising demand for wealth management services as wealth in Asia grows, reports FELDACHAY FELDA CHAY PRIVATE banking is back in vogue after a bad patch following the financial crisis. They are hiring again to meet rising demand for
      AFP  -  1,318 words
    • 989 29  -  By JOHN KOH The writer is the managing director of WMRC, or Wealth Management Resource Centre, a key player in the specialist executive search industry HOW has the selection of private bankers changed after the global financial crisis? In this article, we put ourselves in the
      989 words

  • Page 30 Advertisements
    • 1858 30 Make your mark with UOB, as we make our mark in Asia. Do you have what it takes to make a difference? Do you have what it takes to shape the future of Asia? As a leading bank in Asia Pacific, we offer you challenges and opportunities to meet your
      1,858 words

  • Page 31 Advertisements
    • 817 31 Inspiration drives you to a career like no other "People are the bedrock of our business. The desire to achieve is best fulfilled in an environment rich in opportunity." Akbar Shah Region Head Singapore, Malaysia Brunei Head of Mega Wealth Asia Pacific Citi Private Bank v Join The World's Most
      817 words

  • Page 32 Advertisements
    • 138 32 iOCBC TradeMobile 522,000 NVSt Ma rke Current 37,976 Ma ,K f: Select pHS l^ySt SP A na A |Vl|* Let's talk about smarter trading on the go. Trade global markets anytime, anywhere*. Download iOCBC TradeMobile Singapore's FIRST equities trading app for FREE from Apple App Store. For more information, please
      138 words
    • 59 32 f 1RS1 viUU the t*us www.radio913.com Watch Finalists Rally on video! Vote Win& attractive prizes! I iSfcTi H *5 Win 2 Tickets To Exotic Istanbul On Turkish Airlines vffJfiMMI c *5: rr w /_og onto sgtravel lers. cjm <. J the ultimate travel resource Luj SPH Sponsored By: TURKISH AIRLINES
      59 words

  • Page 33 Advertisements
    • 344 33 Fourth Singapore International Conference on Finance NUSS Kent Ridge Guild House 9 and 10 July 2010 Organised Jointly By Center for Asset Management Research Investments (CAMRI) and Department of Finance, NUS Business School This is an international conference that brings together high quality papers on Mergers and Acquisitions, Mutual Funds,
      344 words
    • 251 33 IRI1DM SINGAPORE NINGBO IMPORT AND EXPORT FAIR 30 June-2 July, 2010 10:00-18:30 Suntec Singapore International Convention Exhibition Center (401 Hall) '%£o/0 Gg o IMPO«I The 2nd Singapore Ningbo Import and Export Fair, an event organised by Ningbo Foreign Trade Economic Cooperation Bureau, China, will be held in Singapore from 30
      251 words

  • executive Money
    • 1087 34 When it comes to asset management, the rich turn to family offices for unconflicted advice NYT OPRAH Winfrey has been a pioneer in television, her signal achievement being her syndicated talk show as the basis for a media empire. But when it
      NYT  -  1,087 words
    • 838 32 Motivation, drive, passion these words are often used in connection with entrepreneurs AP SITTING in their cubicles, rolling their eyes over the latest bureaucratic slowdown or marvelling at the near-incompe-tence of higher-ups, some employees are thinking: If only I were my own boss, I wouldn’t
      AP; AFP  -  838 words
    • 890 33  -  The fixation on short-term results, often at the risk of long-term security, is a worrying trend AL CLARK The writer is Asia-Pacific head of multi asset, Schroder Investment Management THE most worrying investment trend that has developed over time is the fixation on short-term results,
      STOCK.XCHNG  -  890 words
  • Page 34 Advertisements
    • 87 34 MARKETS get thinking T FX/CFD trading Trade EUR/USD from 1 pip and no re-quotes. F Off "Or Of 47> L* K*\< V Standard and mini contracts on the same tight spreads. Automatic rebates for high-volume traders. World's No. 1 CFD provider.* Start FX trading at igmarkets.com.sg CFD trading can result
      87 words