The Business Times, 26 November 2010

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Microfilm: NL30955
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, November 26,2010
    23 words
  • Article
    Lock icon Govt plays land supply card, has more up its sleeve
    1120 1  -  Bumper offering of residential sites over coming months; MAS keeping eye on property market situation By UMA SHANKARI [SINGAPORE] Singapore stands ready to take more steps to cool the property market and will roll out another bumper supply of land
    1,120 words
  • Article, Illustration
    Lock icon Bharti's latest woes may be a drag on SingTel
    613 1  -  Indian telco may face big fine over cellular licences controversy By WINSTON CHAI [SINGAPORE] Singapore Telecommunications could be weighed down further by its Indian investment as Bharti Airtel is currently mired knee-deep in a controversy which might result in the unsavoury
    613 words
  • Article
    Lock icon MARKETS DIGEST
    145 1 G ST INDEX 3,159.23 (+22.22) G ST INDEX FUTURES 3,160 (+23) G SIMSCI 372.02 (+3.09) G SIMSCI FUTURES 372.70 (+3.90) FOREX US$ S$ US$ (S$ per US$) 1.309 (US$/S$ per 1.578 2.065 EURO (US$/S$/E) 1.333 1.744 Foreign currency per US$ S$ YEN 83.50 63.80 RM 3.131 2.392 HK$
    145 words
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      51 1 EXECUTIVE LIFESTYLE Shake-up in the retail industry PAGE 26 MUSIC Berlin Phil soars in one voice PAGE 28 AUCTION The Oei Tiong Ham necklace PAGE 28 Less commercial space on offer, none in Marina Bay, Page 3 *****1 *****4 INSTRUMENTS FOR PROFESSIONALS JOHN TRAVOLTA PROFESSIONAL PILOT TEL. +65 6732 6347
      51 words
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  • TOP STORIES
    • Article
      Lock icon Household net wealth hits record high
      640 2  -  Q3 total stands at $1.156t; household debt’s brisk growth outpaced by faster gain in property prices Reports by SIOW LI SEN [SINGAPORE] Singaporeans have never been richer, as they remain tight fisted despite buoyant property prices. Household assets now stand at almost seven times
      640 words
    • Article, Illustration
      Lock icon South Korean defence minister resigns
      603 2 Move comes amid criticism of response to North’s attack Reuters [SEOUL] South Korea’s defence minister resigned yesterday, two days after an attack by North Korea and amid criticism that the South’s response was too slow. Kim Tae-young became the first political victim of the attack
      Reuters; REUTERS  -  603 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      617 2 Govt plays land supply card, has more up its sleeve SINGAPORE stands ready to take more steps to cool the property market and will roll out another bumper supply of land for new residential projects for the first half of 2011, government agencies said yesterday. There is “a
      617 words
    • Article
      Lock icon Housing loans rise to 34.5% of banks’ portfolio
      479 2 [SINGAPORE] Banks’ exposure to housing loans has risen to 34.5 per cent, said the Monetary Authority of Singapore in its Financial Stability Review 2010 released yesterday. Strong demand for homes has seen housing loan growth averaging some 20 per cent on a
      479 words
    • Article
      Lock icon Correction
      35 2 IN yesterday’s report, “Asian companies rewrite a S’pore business story”, the source of the charts and graphs is the Accounting and Corporate Regulatory Authority, or Acra, not AAGR. We are sorry for the error.
      35 words
    • Article, Illustration
      Lock icon Less commercial space on offer, none in Marina Bay
      917 3  -  URA wants to pace out development of the area with M+S factor looming By KALPANA RASHIWALA [SINGAPORE] The supply of commercial space on the confirmed list of the firsthalf 2011 Government Land Sales (GLS) Programme is being halved from H2 2010.
      917 words
    • Article
      Lock icon ECB may delay withdrawal of liquidity support
      455 3 Irish rescue fails to stem region’s sovereign debt crisis Bloomberg [LONDON] The European Central Bank (ECB) may have to delay its exit from emergency measures again as Ireland’s bailout fails to stem the region’s sovereign debt crisis. Investors are dumping Spanish and Portuguese
      Bloomberg  -  455 words
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      455 2 Traveller’s Diarrhoea Taking a break from work and spending time with your family or friends on a holiday trip can be so much fun. When you arrive at your holiday destination, all you want to do is to taste the exotic cuisines and local flavours offered by street vendors. Just
      455 words
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      1131 3 o\° 0^1 G^V s© 9 Amtek Engineering Ltd (Company Registration Number *****3886K) (Incorporated with limited liability in the Republic of Singapore on 22 October 1980) 200,000,000 Offering Shares (subject to the Over-allotment Option) Offering Price: S$1.30 per Offering Share Amtek Re-engineering Success AMTEK IS A PROVIDER OF END-TO-END DESIGN AND
      1,131 words
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  • COMPANY NEWS
    • Article
      Lock icon FinaOne shares betray market mispricing
      725 4  -  HOCK LOCK SIEW By TEH HOOI LING HOW much would the controlling shareholder of Financial One Corp (FinaOne) offer to take the company private? That’s the question a number of the company’s minority shareholders are wrestling with. Last week, the company the first and only
      725 words
    • Article, Illustration
      Lock icon 200 d’Leedon units for sale to ex-Farrer Court owners
      595 4  -  Average selling price is $1,680 psf; or under $1m for a one-plus-study unit By LYNN KAN CAPITALAND will release 200 units of its highly anticipated 1,715-unit residential project, d’Leedon, this weekend for sale to former owners of Farrer Court, who sold
      595 words
    • Article
      Lock icon SATS in talks to buy JAL Int’l unit
      298 4  -  By NISHA RAMCHANDANI SHARES in SATS, formerly Singapore Airport Terminal Services, closed six cents higher yesterday at $2.85 after the ground handler confirmed reports that it is in talks to acquire the inflight meal unit of Japan Airlines International Co Ltd (JALI).
      298 words
    • Article
      Lock icon Cool reception to Mewah on second day of trading
      412 4  -  By FELDA CHAY FOR a moment yesterday, it looked as though Mewah International was about to shake off the initial cold welcome it received from investors but it was not to be. Malaysia’s second-lar-gest palm oil refiner saw its shares recover
      412 words
    • Article
      Lock icon SingXpress wins Balestier site with $21m bid
      255 6  -  By JAMIE LEE SINGXPRESS has successfully tendered for a $21 million property project at Balestier Road through a subsidiary, it said yesterday. The company, which recently shed its travel-related businesses to focus on property investment, said it plans to redevelop an existing block
      255 words
    • Article
      Lock icon Pacific Andes reports 5.5% rise in profit to HK$773m
      492 6  -  Company bullish about prospects for both fishing unit and frozen fish SCM unit By LYNETTE KHOO PACIFIC Andes Resources Development has reported a 5.5 per cent rise in net profit for the full year ended Sept 28 to HK$773.12 million (S$130.5
      492 words
    • Article, Illustration
      Lock icon China Fishery profit up 23.5% at US$116.5m
      478 6  -  By LINETTE LIM CHINA Fishery Group reported a 23.5 per cent increase in net profit to US$116.5 million for the full year ended Sept 28, due to increased sales and operational scale. Revenue of the fishing company rose 10.4 per cent, from US$488.2
      FILE PHOTO  -  478 words
    • Article, Illustration
      Lock icon BRC Asia earnings rise 32% despite drop in sales
      402 6  -  By FELDA CHAY PREFABRICATED steel reinforcement provider BRC Asia shrugged off a slight drop in sales to post a 32 per cent rise in full-year net profit, which it attributed to lower average inventory cost. It has proposed a final dividend
      FILE PHOTO  -  402 words
    • Article
      Lock icon SIA-Garuda code share for S’pore-Denpasar
      186 6  - SIA-Garuda code share for S’poreDenpasar By VEN SREENIVASAN A DAY after announcing a code-share deal with Scandinavian Airlines, Singapore Airlines has announced another agreement this time with Garuda Indonesia. Under the deal, which kicks in on Dec 1, SIA customers will have more flights to choose from between Singapore and
      186 words
    • Article
      Lock icon Marco Polo Marine’s Q4 net jumps 52%
      421 10  -  Profit rises to $2.8m, revenue inches up by 1 to $14.7 million By JOYCE HOOI MARCO Polo Marine’s fourth-quarter net profit surged 52 per cent from $1.8 million to $2.8 million, the group said yesterday. The quarterly bottom line had been boosted by
      421 words
    • Article
      Lock icon ASL Marine proposes bonus issue
      210 10  -  By JOYCE HOOI ASL Marine Holdings is proposing a four-for-10 bonus share issue, the company announced yesterday. It plans to award four bonus shares for every 10 existing ordinary shares in a bonus issue that will involve up to 120.58 million new shares. “The bonus
      210 words
    • Article
      Lock icon Dark pool operator plans to expand to HK, Singapore
      334 10 Reuters GOLDMAN Sachs-backed Tora, a dark pool operator in Japan, plans to expand into Hong Kong, Singapore and Australia next year, its chief operating officer said. US-based Tora launched its Crosspoint dark pool service in Japan in February and says it
      Reuters  -  334 words
    • Article
      Lock icon Sabana Reit units 2.5 times subscribed
      282 10  -  By JOYCE HOOI SHARES in Saba n a Shari’ah Compliant Industrial Reit were subscribed about 2.5 times at the close of its initial public offering on Wednesday. The offer for Singapore’s first real estate investment trust that adheres to Islamic finance principles comprised about
      282 words
    • Article, Illustration
      Lock icon Keppel bags US$180m jack-up contract
      315 10  -  By JOYCE HOOI KEPPEL FELS Limited has clinched an order for a KFELS B Class jack-up rig worth US$180 million, Keppel Corporation announced yesterday. The contract was awarded by Standard Drilling Ltd, a subsidiary of Norwegian investment company, Ferncliff TIH AS Group. The contract comes
      315 words
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      133 words
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      23 5 VACHERON CONSTANTIN BOUTIQUE SINGAPORE B2-238 Casino Level, The Shoppes at Marina Bay Sands Tel: 65 6688 7000 Fax: 65 6688 7200 Email: boutique.singapore@vacheron-constantin.com
      23 words
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      117 6 SINGAPORE ORIENTALIST 'ii uO W s. Classics Moderns Tribals Silks Antiques Collcctablcs Professional Cleaning Restoration Custom Made Consultation Asia's I st Largest Showcase of Hand Knotted Carpets IN ASIA rt-.'; Unbeatable Value [6.0x9.Oft] AGRA KILIM M w y? I m <- Unbeatable Value [7.0x10.0ft] AFGHAN KARGAHI Unbeatable Value [6.0x8.Oft] "l!5oO
      117 words
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      26 6 [Resort GCB Mt. Rosie Life at The Peak Yours at $30K per mth rental JERRY LUM Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg ERA
      26 words
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      29 6 4th Anniversary SALE r50%". all bonsai Bonsai Gallery ilu- living an form J Wji 60 Jalan Penjara, Plot 6, GardenHub, Singapore *****5 Tel: 6763 1180 www.borisaigallery.sg While Stocks Last
      29 words
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      37 6 LAND FOR SALG D15 Frankel vicinity 8000sqft D15 Dunbar vicinity 7900sqft D15 Siglap vicinity *****sqft D15 Bedok vicinity 6700sqft All good size land for sub-division Head to CATS FASTADS in The New Paper for job opportunities! CLA/Dec05/Sg
      37 words
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      165 7 Munich Automobiles munichauto.com.sg Sheer Driving Pleasure BORN ON THE RACETRACK. BEHAVES LIKE IT NEVER LEFT. m ww m m m xw N 'A m m m msm m m eassssss i.-. m °MWx 5 M 0 r to mm v llV%V,\V \V\\.*V K\*S x x -"■^r mm m iisi The
      165 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Prices rebound for second day
      555 8  -  Singapore market takes cue from Wall Street recovery but turnover was poor as caution reigns STOCKS R SIVANITHY Senior Correspondent THE local stock market stabilised for a second consecutive session yesterday but continued to exhibit caution and nervousness as the day progressed. The Straits Times
      Source: Bloomberg  -  555 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 3 3 0 0 0 11 3 3 Manufacturing 68 32 76 5 5 12 73 37 88 Commerce 24 16 24 4 4 5 28 20 29 Tpt/Stor/Comms 9 15 14
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 57,359 57,359 63,082 63,082 Manufacturing 239,648 7,474 247,122 211,826 820 212,646 Commerce 54,994 19,229 74,223 93,678 3,316 96,994 Tpt/Stor/Comms 75,513 1,310 76,823 161,432 388 161,820 Finance 18,153 5 18,158 167,939 1 167,939 Construction 23,366 16,673
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 8 Stock name Close Change Stock name Close Change CapMallsAsia 2.030 CapitaLand 3.730 +0.020 CapitaMall 1.870 CityDev 12.340 +0.020 ComfortDelGro 1.500 -0.020 DBS Grp 13.840 +0.140 F&N 6.160 Genting SP 2.020 +0.020 Golden Agri 0.740 +0.030 HK Land 7.040 +0.090 JMH 45.500 JSH 26.460 -0.040 Jardine C&C
      109 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Nov 25 VALUE CLOSE BT OB/OS -973.00 +181.0 BT CADI -*****.00 +112.0 BT 10-day MA -*****.00 -97.00 FTSE ST Mid Cap 788.96 +6.33 FTSE ST Small Cap 571.23 +4.51 FTSE ST All Share 781.43 +5.66 FTSE ST China Top 291.74 +2.88 FTSE ST China 329.10 +2.92 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Golden Agri 99,854,000 Genting SP 71,992,000 Gallant 45,561,000 MDR 41,230,000 Oxley 27,731,000 XinRen 23,680,000 *Genting HK US$ 17,983,000 GMG Global 17,954,000 Noble Grp 15,389,000 Viking 13,721,000 VALUE($) Genting SP 146,057,080 Golden Agri 73,175,960 DBS Grp 60,734,501 UOB 51,973,749 SingTel 37,662,445 SIA 35,808,140 CapitaLand 34,718,000 OCBC Bk
      57 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Ziwo Holdings
        323 8 Nov 25 close: $0.35 PHILLIP CAPITAL, Nov 25 THE first “not” is that Ziwo is not a textile company. The company describes itself as a leading raw material producer and supplier of import substitution products. Its core products are namely SBR (styrene butadiene rubber) and other foamed materials,
        Source: Bloomberg  -  323 words
      • Article
        Lock icon Starhill Global Reit
        296 8 Nov 25 close: $0.62 KIM ENG, Nov 25 STEADY income from defensive rental structure: Starhill has a stable of master and long-term leases that comes with built-in positive rental reviews every few years. This ensures a steady stream of long-term income for the group. Around 44 per
        296 words
      • Article
        Lock icon Renewable Energy Asia Group
        278 8  -  Compiled by LYNETTE KHOO Nov 25 close: $0.20 DMG PARTNERS SECURITIES, Nov 25 RENEWABLE Energy Asia Group’s (REAG) wholly-owned subsidiary Renewable Energy Asia (China) Co Ltd (REAC) has decided to accept the tender for the purchase of machinery used for manufacturing of wind turbine components from
        278 words
    • Article, Illustration
      Lock icon Euro stays soft near lows as debt crisis festers
      508 8 CURRENCIES Reuters [LONDON] The euro came under renewed pressure, dipping close to two-month lows against the US dollar yesterday, as the eurozone debt crisis showed little signs of abating and fears of contagion kept investors nervous. Traders said that Portugal and
      Reuters; AFP  -  508 words
    • Article
      Lock icon RISES
      108 8 BY CENTS CLOSE UP IS S&P500 ***** 208.0 1.3 DBXT DBCBDJUBS 10US$ 3380 175.3 4.1 DBXT MSKorea 10US$ 5436 171.4 2.5 Jardine C&C 3772 64.0 1.7 DBXT FTChina25 10US$ 3204 56.3 1.4 DBXT FTVietnam 10US$ 3375 35.3 0.8 DBXT MSCHINA 10US$ 1278 27.5 1.7 UOB 1836 26.0 1.4 DBXT
      108 words
    • Article
      Lock icon FALLS
      126 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-201.5 -1.2 DBXT MSAsExJp 10US$ 3218-166.2 -3.8 DBXT S&P Short 10US$ 4760-109.9 -1.7 DBXT DBLCI-OY 5US$ 3629 -95.5 -2.0 GLD 10US$ ***** -74.6 -0.4 OCBC Bk 4.5%NCPS 100 ***** -60.0 -0.6 DBXT STGLDv100 10US$ 2712 -47.1 -1.3 DBXT MSTHAI 10US$ 1580 -30.1
      126 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      999 9 w ■ags I T f JMbs. 0 J Jjj J Mi Diana Ser Media Personality Satisfied user of novita HydroP/us® Water KfD\ nnvita 7" 1-^ s ik^ it y "ovita 3§ ilk R SMR KETI C€ LISTED m o |>KIPO tfS&MTi 1/VA/Z4s, *Frt/ fn\A/ATFR Ri vni I OUR BODY is
      999 words
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      52 10 Fast pain relief pad REUSEABLE NON-CHEMICAL BATTERY OPERATED TM X s Visit us at SITEX 2010 Date 25th to 28th Nov 2010 Venue Singapore Expo Hall 5 Booth No: 5B 46 TEL: (65) 6841 2668 www.alcomonline.com Email: info@alcom.com.sg Available at selected: GEEK* «!GE> FairPrice>xpress w.og.com.sg j pharmacy' (5 Changi General
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      40 10 How to run a business without running out of ideas November/December issue out now! Available at all petrol stations (except Caltex) and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
      40 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon HAPPY 100TH ANNIVERSARY
      63 11 (From left) Patrick Lee, vice-chairman ofKwong Wai Shiu Hospital, Prime Minister Lee Hsien Loong, Leong Heng Keng, chairman of the hospital and Cheong Wai Kwong, vice-chairman of the hospital, at the centennial charity gala dinner for Kwong Wai Shiu Hospital, yesterday. The Serangoon Road hospital, founded by
      DESMOND WEE/THE STRAITS TIMES  -  63 words
    • Article
      Lock icon HK property kingpins yielding to Beijing?
      382 11  -  Property measures seen to be beneficial for HK in long run By JAMIE LEE FRESH moves by the Hong Kong government to rein in property prices suggest that the property developers would be ceding control over to Beijing, said Societe Generale Asian strategist Todd
      382 words
    • Article
      Lock icon Emirates NBD opens Singapore branch
      527 11  -  By CONRAD TAN EMIRATES NBD, the biggest bank by assets in the Middle East, yesterday launched its first branch in Singapore, aimed at profiting from the growing trade flows between Asia and the Middle East. The United Arab Emirates (UAE) bank wants “to position itself
      527 words
    • Article, Illustration
      Lock icon A chance for researchers to meet – in cyberspace
      415 11  - A chance for researchers to meet in cyberspace By LEE U-WEN COME Tuesday, some 26,000 researchers currently living and working in Singapore will be able to link up with one another, thanks to a new online network portal put together and funded by the European Union (EU). Called Euraxess Links,
      415 words
    • Article
      Lock icon Govt takes problem solving to a new level
      538 11  -  It is set to launch its public-private Co-Innovation Partnership scheme By KAREN NG PROBLEM solving in the public sector will take a new twist when the government rolls out its Public-Pri-vate Co-Innovation Partnership initiative. Instead of stipulating what it wants and procuring
      538 words
    • Article
      Lock icon The nuts and bolts...
      407 11  -  By CHEN HUIFEN THERE are three stages in the Co-Innovation Partnership programme. At the proof-of-concept stage, companies are required to test the feasibility of their ideas. Up to eight proposals can be accepted and the government will co-share up to 95 per cent of the funding,
      407 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Japan export growth slows last month
      615 12 Strong yen, slowing overseas demand threaten to further weaken exports AFP [TOKYO] Japanese exports grew at their slowest pace of the year last month, data showed yesterday, underlining fears for the country’s main engine for growth as the trade-reliant recovery loses more steam. The
      AFP; BLOOMBERG  -  615 words
    • Article
      Lock icon Australia’s Q3 business investment up 6.2%
      400 12 But fall in spending on plant, equipment to slow GDP growth Bloomberg [SYDNEY] Australian business investment rose twice as fast as economists had forecast in the third quarter, with an expansion in offices, warehouses and factories offsetting a slump in equipment spending. Capital outlays
      Bloomberg  -  400 words
    • Article
      Lock icon Emirate counts on core sectors for recovery
      585 12 The city-state is delaying sale of assets until global economy rebounds DUBAI CRISIS ONE YEAR ON AFP [DUBAI] A year after scaring global markets over its debt crisis, Dubai still has a huge legacy of debt to deal with over the medium term,
      AFP  -  585 words
    • Article, Illustration
      Lock icon New Brazil central bank chief to target inflation
      277 12 Bloomberg [BRASILIA] Brazilian Presi-dent-elect Dilma Rousseff pledged full “autonomy” for the country’s central bank as she appointed Alexandre Tombini to head the institution and bring the fastest inflation in 18 months back to target. The 46-year-old Mr Tombini may be assisted in
      Bloomberg; REUTERS  -  277 words
    • Article
      Lock icon Philippine Q3 GDP shrinks as govt cuts spending
      393 12 Reuters [MANILA] The Philippine economy unexpectedly contracted in the third quarter as the government cut spending, adding to signs of a broader slowdown in Asia, and the central bank said interest rates would stay at record lows. The economy shrank a seasonally
      Reuters  -  393 words
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      40 12 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY GLORY GIRLS India's women athletes beat poverty to win Asian Games medals -W. 299 KAPIL DEV IS PART OF INDIA'S ATTACKING XI GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      40 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Malaysia to study feasibility of bullet train
      248 13 Study on the train connecting M’sia, S’pore to start in Jan Bernama [KUALA LUMPUR] The feasibility study on high speed bullet train connecting Malaysia and Singapore will be carried out starting January next year, said Minister in the Prime Minister’s Department Idris Jala.
      Bernama; BLOOMBERG  -  248 words
    • Article, Illustration
      Lock icon Proton aims for hybrid electric cars by 2012
      450 13 AP [KUALA LUMPUR] Malaysia’s national car maker Proton will roll out its first fleet of hybrid electric vehicles in January for a pilot run before mass production begins in 2012, officials said yesterday. Proton began testing prototypes two months ago in Britain
      AP  -  450 words
    • Article
      Lock icon Carlyle offers to acquire QSR Brands for RM1.94b
      565 13  -  Sale will generate RM1.07b for Kulim, which is owned by Johor govt’s JCorp By S JAYASANKARAN PLANTATION and food conglomerate Kulim said yesterday private equity firm Carlyle Asia Ltd had offered to acquire its subsidiary QSR Brands for about RM1.94 billion (S$811.8
      565 words
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      475 13 Benefit from Asia's Property Boom A new Lyxor ETF helps you buy into the property growth story across Asia. Use one easy-to-access and liquid investment tool to take a position in the most vibrant real-estate markets around the region. Lyxor ETF MSCI AC Asia ex Japan Real Estate (MT7) Trading
      475 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Beijing to step up fight against inflation
      482 14 Officials talk about using higher rates, bank reserve ratios to control liquidity Bloomberg [HONG KONG] The People’s Bank of China said it will strengthen liquidity management and “normalise” monetary conditions, reinforcing forecasts for higher interest rates to combat the highest inflation rate in
      Bloomberg; REUTERS  -  482 words
    • Article
      Lock icon Trading begins in yuan credit-default swaps
      231 14 Bloomberg [BEIJING] China’s first yuan-denominated creditdefault swaps started trading on the interbank bond market as the nation broadens its financial system, according to the National Association of Financial Market Institutional Investors. Four warrants contracts with a face value of 480 million yuan (S$94 million)
      Bloomberg  -  231 words
    • Article
      Lock icon China’s current account surplus doubles in Q3
      340 14 Reuters [BEIJING] China’s current account surplus in the third quarter doubled from a year earlier to US$102.3 billion, leaving it adrift of the cap of 4 per cent of gross domestic product (GDP) floated by US Treasury Secretary Timothy Geithner. The surplus for
      Reuters  -  340 words
    • Article
      Lock icon Hong Kong IPOs hit snags after a great run
      461 14 Bloomberg [HONG KONG] Hong Kong’s record run of initial public offerings (IPOs) is faltering as tumbling stock prices prompted Bluestar Adisseo Nutrition Group and China Datang Corp to delay or withdraw a maximum US$2.6 billion of share sales. Bluestar Adisseo, the
      Bloomberg  -  461 words
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      69 14 DREAMING OF A GREEN CHRISTMAS In this time of heartwarming reunions and cheerful celebrations,Pan Pacific Singapore spreads wonderful warmth with enchanting epicurean experience. From delicious take-home goodies to exquisite Japanese dining and an array of International cuisines,thisYuletide will be filled with indulgence and revelry. For culinary enquiries ,please call 6826
      69 words
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  • INDIA
    • Article, Illustration
      Lock icon India rocked by arrest of public sector bankers
      613 15 They are accused of taking bribes that total hundreds of millions of dollars Reuters [NEW DELHI/MUMBAI] India’s reputation as a place to do business has taken another hit after the scan-dal-tainted government charged top public sector bankers of accepting bribes worth hundreds
      Reuters; AFP  -  613 words
    • Article
      Lock icon Food inflation slows to 17-month low
      254 15 Pressure eases on central bank to keep raising interest rates Bloomberg [NEW DELHI] India’s food inflation slowed for the sixth week to a 17-month low, easing pressure on the central bank to keep raising interest rates. An index measuring wholesale prices of agricultural products
      Bloomberg  -  254 words
    • Article
      Lock icon Turnover on commodity exchanges up 55%
      322 15 Bloomberg [MUMBAI] Turnover on commodity exchanges in India, the top gold user and the second-largest wheat and rice grower, surged 55 per cent after bullion reached a record and prices of farm goods climbed, the market regulator said yesterday. The value of goods traded
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      172 15 4k 9 ASIA BUSINESS LEADERS AWARDS Congratulations to the Winners of CNBC's 9 th Asia Business Leaders Awards Winners of CNBC's Asia Business Leaders Awards exemplify the best in leadership. They epitomize the core values of a successful leader strength, innovation, ingenuity, knowledge and foresight. 2Z Asia Business Leader Award
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  • WORLD
    • Article, Illustration
      Lock icon Spain rules out Irish-style rescue
      452 16 Main Ibex 35 index has shed 6.1% of its value since the start of the week AFP [MADRID] Spanish bank bosses yesterday ruled out any need for a European lifeline as the country tried to insulate itself from the Irish economic emergency, but stocks slipped
      AFP; AP  -  452 words
    • Article, Illustration
      Lock icon UK seeks EU support for bank pay disclosure rules
      349 16 Under the proposals, workers won’t be identified personally Bloomberg [LONDON] Chancellor of the Exchequer George Osborne is seeking support from European Union (EU) finance ministers for a British plan to disclose the pay of high-earning bankers, a spokesman for the Treasury
      Bloomberg; AFP  -  349 words
    • Article
      Lock icon Sony eyes Dec launch of e-readers in Japan
      201 16 AFP [TOKYO] Sony, battling Amazon and Apple in the electronic book reader race, said yesterday it would launch its latest devices in Japan in December along with a dedicated virtual library. The move will mark a return to Japan for the electronic
      AFP  -  201 words
    • Article, Illustration
      Lock icon Ex-US House leader found guilty
      491 16 Reuters [AUSTIN, Texas] A Texas jury on Wednesday found former US House majority leader Tom DeLay, dubbed “The Hammer” for his hard-driving style, guilty of money laundering and conspiracy. DeLay was accused of conspiring to illegally funnel US$190,000 in corporate campaign donations to Republican candidates
      Reuters; AP  -  491 words
    • Article
      Lock icon Cameron unveils plans to measure national mood
      277 16 Reuters [LONDON] British Prime Minister David Cameron set out plans yesterday to measure the national mood and help to build a more family-friendly Britain, a potentially fraught endeavour at a time of sharp spending cuts. Mr Cameron said the Office for National Statistics
      Reuters  -  277 words
    • Article, Illustration
      Lock icon Borrowing stays costly for Greece
      672 17 Investors doubt that nation can repay debts once EU-IMF lifeline expires Bloomberg [ATHENS] Greece’s 110 billion euro (S$191.7 billion) rescue has failed to restrain borrowing costs as investors remain sceptical about the nation’s ability to pay its debts once the aid package expires. “The market
      Bloomberg; BLOOMBERG  -  672 words
    • Article
      Lock icon Bank of Ireland raises 1.5m euros in art sale
      368 17 Bloomberg [LONDON] Bank of Ireland plc raised 1.5 million euros (S$2.6 million) on Tuesday night as it began selling off its art collection in Dublin. Proceeds from the auction of 145 works won’t be used to offset the debt of the
      Bloomberg  -  368 words
    • Article
      Lock icon Danish bonds to draw record foreign buyers
      476 17 Foreign funds to buy 20% of the bonds tied to mortgages Bloomberg [COPENHAGEN] Denmark’s US$97 billion mort-gage-bond auction is poised to attract record demand from international investors as Europe’s sovereign debt crisis boosts appetite for the top-rated securities. Nykredit Bank A/S, the country’s
      Bloomberg  -  476 words
    • Article
      Lock icon Japan goes sci-fi in bid to snare World Cup
      508 17 Reuters [TOKYO] Japan is banking on sci-fi technology and the country’s “wow factor” to win the race to host football’s World Cup in 2022. After all, only in Japan can you hire a cat for an hour and stroke it while
      Reuters  -  508 words
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      307 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PLANEX COMMUNICATIONS PTE LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REG. NO. *****5179C Extract of the Minutes of an Extraordinary General Meeting of PLANEX COMMUNICATIONS PTE LTD. signed by the Representative of the Holding Company pursuant to
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      510 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SNOW INVESTMENTS (S) PTE. LTD. (INMEMBERS’VOLUNTARYLIQUIDATION) (Co. Reg. No: *****2318R) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 485 Madison Avenue, 18th Floor, New York, NY *****, USA on 16
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      677 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [Section 290(2)(b)] AND IN THE MATTER OF ALTERNATIVE BEAUTY SOLUTIONS PTE LTD (InMembers’ VoluntaryLiquidation) (Company Registration No. *****3054Z) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the above-named company duly convened and held at 49 Jalan Pemimpin
      677 words
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      1409 17 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF ASEAN REINSURANCE CORPORATION LIMITED (In Members' Voluntary Liquidation) Reg No. *****4647G NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of
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      168 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF APPIAS SHIPPING PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****0644R) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or claims have
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  • EDITORIAL & OPINION
    • Article
      Lock icon Important to engage the retail investor
      544 18 EDITORIAL WHEN the Singapore Exchange (SGX) last month announced the listing of 19 American Depository Receipts (ADRs), hopes were high that the new securities would be actively traded. This has not been the case since listing about a month ago, turnover has been thin,
      544 words
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      Lock icon Microfinance in India under threat because players forgot
      771 18  -  THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT TRADITIONALLY, for hundreds of millions of Indian farmers, the only recourse to loans, whether to buy seeds or pay for a wedding or medical treatment or
      771 words
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      Lock icon Innovation is the key
      941 18  -  Maybe it’s the right time to combine New Zealand’s innovations with S’pore’s business acumen By ALAN KOZIARSKI Alan Koziarski is the regional director of South and South East Asia at New Zealand Trade and Enterprise. He manages New Zealand’s trade development in South and South-east Asia,
      STOCKXCHNG  -  941 words
    • Article
      Lock icon A US political culture that prefers delusion to candour
      854 19  -  By ROBERT J SAMUELSON The Washington Post Writers Group [WASHINGTON] America’s budget problem boils down to a simple question: How much will we let programmes for the elderly displace other government functions national defence, education, transportation and many others and raise
      The Washington Post Writers Group  -  854 words
    • Article, Illustration
      Lock icon MBAs in Japan – theory and practice
      1388 19  - MBAs in Japan theory and practice Employers may not yet recognise the degree’s value, but they’ve come to value the experiences that come with it By MIKI TANIKAWA IHT FOR many businesspeople looking to re-invent themselves by getting an MBA, there is one well-worn question: How much more will I
      IHT; BLOOMBERG  -  1,388 words
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  • AVIATION
    • Article, Illustration
      Lock icon Solid gains in global cargo, passenger traffic
      636 20  -  Recovery on track as figures go past the pre-crisis levels of early 2008: Iata By VEN SREENIVASAN INTERNATIONAL passenger demand grew 10.1 per cent year-on-year in October, while international freight demand was up 14.4 per cent last month, according to latest data released
      BLOOMBERG  -  636 words
    • Article
      Lock icon AirAsia, MAS post good Q3 earnings
      355 20  -  By PAULINE NG MALAYSIA Airlines and AirAsia have registered better performances for the third quarter to end-Sep-tember, with the former swinging back to profitability from Q2 and the latter growing its earnings by more than half and showing improvement in almost all segments. However,
      355 words
    • Article
      Lock icon Problems over sale of Transmile’s planes
      809 20  -  Buyer won’t accept conditions imposed by MTN holders By S JAYASANKARAN A PLAN by ailing air-freight operator Transmile Group to sell its four wide-body MD11 aircraft crucial to a restructuring exercise has run into trouble because of conditions imposed by some of its lenders.
      809 words
    • Article
      Lock icon Changi passenger numbers up 7.9%
      221 20  -  By VEN SREENIVASAN MORE than 3.58 million passengers moved through the gates of Changi Airport in October 2010, a growth of 7.9 per cent compared to October 2009. This was driven by double digit growth in passenger traffic to and from South-east Asia, North-east Asia
      221 words
    • Article
      Lock icon Term extended for aviation panel head
      297 20 SINGAPORE’S Mervyn Fernando has been re-appoint-ed president of the Air Navigation Commission (ANC) of the International Civil Aviation Organisation (IC AO) for another one-year term, beginning Jan 1, 2011. He is currently serving his first one-year term in this capacity. The ANC is a
      297 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3274 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 --JL5083 2220 MU8214 2220 --QF82 2220 LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam
      3,274 words
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      30 20 I N Ik Lianhe Zaobao China building dams to stem hot money. How should investors react? fc/J "'-3 y' F 1 Si?fe^7kK6m To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8974 21 Transaction date: Nov 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 21 14.5 3148 8Telecom 19 +0.5 123 19 19 18.5 19 1.7 9.5 6.1 91 12 5 5834
      8,974 words
    • Article
      Lock icon SGX CATALIST
      1874 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 7 4 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 160 -4 14 164 160 158
      1,874 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9452 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.3/ APS Alpha Fund (USD)!** 0.99/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.9486/0.9486 AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,452 words
    • Article
      Lock icon SGX ETF
      851 22 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 $mil 124 107 6389 ABF SG Bond ETF 112 112 114 511.3 1056 761 CIMBAsean40 100US$ US1001 +1 101 1001 1001 1001 1003 40 335
      851 words
    • Article
      Lock icon GLOBALQUOTE
      72 22 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 $mil 56 38 6000 AVJennings A53 51 57 3.6 6.6 4.2 138 55 16 6017 Genting HK US$ US43.5 unch ***** 44.5 43.5 43.5 44 2864.3
      72 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 23 In local curr In S$ In US$ dy yr dy yr dy yr Nov 24 Index Change Change Change Change Change Change World Index Preliminary 862.5 0.9 3.6 0.5 -2.7 0.8 4.4 EAFE Preliminary 778.7 0.4 -0.8 -0.1 -6.4 0.2 0.4 Europe Preliminary 1137.7 1.0
      374 words
    • Article
      Lock icon INTERBANK RATES
      177 23 Nov 25 $S Offer Bid 0vernight 0.05 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.125 US$ Offer Bid 7 days 0.33 0.23 1 month 0.37 0.27 2 months 0.42 0.32 3 months 0.45 0.35 6 months 0.55 0.45 9 months 0.75 0.55 12
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Nov 25 S$ Bid Offer 1-month 1.3084 1.3091 2-months 1.3084 1.3091 3-months 1.3084 1.3091 6-months 1.3083 1.3091 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 Nov 25 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.253 Can dollar 1.317 1.267 Euro 1.778 1.71 Sterling pound 2.101 2.021 NZ dollar 1.021 0.973 US dollar 1.329 1.278 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 23 Nov 25 Open High Sett STI Nov 3160 SIMSCI Nov 368.9 372.8 372.7 Taiwan Nov 295.3 298.4 297.4 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      65 23 Nov 25 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 10 3307 3372 3381 3307 560 1836 Jan 11 3210 3306 3316 3210 2475 ***** Feb 11 3230 3276 3284 3223 ***** ***** Mar 11 3205 3252
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      421 23 Nov 25 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6275 0 7361 Mar11 99.4500 0 2413 Jun11 99.3550 0 4089 Sep11 99.2650 0 2956 EUROYEN TIBOR FUTURES Dec10 99.6600 0 4388 Mar11 99.6600 0 1476 Jun11 99.6450 99.6450 99.6450 99.6600 0 1536 Sep11 99.6500 200
      421 words
    • Article
      Lock icon SICOM FUTURES
      136 23 Nov 25 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 10 434.0 434.0 434.0 9 Jan 11 432.0 60 Feb 11 432.0 60 Mar 11 432.0 60 Apr 11 434.0 May 11 434.0 Jun 11 434.0 180 Jul
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 23 Nov 25 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 24.02.2011 0.30 1-Year BY*****N 01.11.2011 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.81 103.86 103.80 5-Year N*****0S 2.875 01.07.2015 107.50 107.75 107.50
      88 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Nov 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 11 1255.00 1239.00 1258.25 1237.00 Mar 11 1262.75 1246.25 1265.75 1244.75 May 11 1263.25 1246.25 1265.75 1244.00 Jul 11 1266.25 1248.00 1267.00 1245.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 10 50.24
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Nov 24 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 85.17 2.18 WTI (Near Mth) 83.95 3.08 Dubai (1-Mth F) 81.12 0.07 Tapis blend 87.45 0.15 Minas 83.60 0.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 84.83 0.89 Jet Kerosene 95.70 0.20 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2447 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2 unch 1045 1 3 -9 2.75 1 AFP Properties EW*****8 33 0.5 1970 1 10 -3 1.35 60 6221 Asia-Pacific Strat W*****6 34.5 1.5
      2,447 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 23 Nov 25 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.990 6.519 0.736 7.607 44.760 87.849 0.819 11.178 3.069 1.288 83.829 43.236 1.283 6.924 0.978 29.790 29.466 0.621 0.980 Canada 1.010 6.582
      464 words
    • Article
      Lock icon SIBOR
      85 23 Nov 25 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Nov 25 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2824 1.2838 0.9801 0.9807 Canadian dollar 1.2948 1.2961 0.9896 0.9901 Euro 1.7432 1.7446 1.3323 1.3327 NZ dollar 0.9954 0.9974 0.7608 0.7619 Sterling pound 2.0641 2.0656 1.5776 1.5779
      154 words
    • Article
      Lock icon PRECIOUS METALS
      139 23 GOLD (US$/oz) Nov 25 Nov 24 Hong Kong 1371.70 1375.50 Nov 24 Nov 23 London 1372.70 1372.70 1373.20 1373.45 Source: Thomson Reuters CAST BAR Nov 25 (S$) Selling Buying Kilobar 61,730.44 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 138 58 5gm 393 288 10gm 701 576 20gm
      139 words
    • Article
      Lock icon LONDON METALS
      71 23 Nov 24 Nov 24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2230.50 2226.75 3 months 2259.00 2255.00 Copper, Grade A (US$/tonne) Cash 8285.00 8168.00 3 months 8250.00 8140.00 Lead (US$/tonne) Cash 2198.50 2163.25 3 months 2222.50 2186.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      81 23 Nov 24 COCOA (£/tonne) Close Prev High/Low Dec 10 1860 1868 1882/1857 Mar 11 1862 1860 1879/1856 May 11 1875 1874 1889/1871 Jul 11 1890 unch 1903/1887 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1813 1832 Jan 11 1834 1853 1865/1825 Mar 11 1851 1868 1881/1840 May 11 1874
      81 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5782 24 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.
      5,782 words
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      28 25 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
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  • executive lifestyle
    • Article, Illustration
      Lock icon FASHION GAMECHANGER IN ORCHARD ROAD
      2135 26  -  The arrival of Swedish fashion giant H&M in Singapore next year is expected to make an impact on the local fashion scene. MELISSA LWEE looks at how its long-awaited opening could spell a shake-up for the local retail industry MELISSA LWEE For what has seemed
      PHOTOS: AP, AFP, TOPSHOP/TOPMAN  -  2,135 words
    • CINEMA
      • Article, Illustration
        Lock icon Three cheers for Crowe
        652 27  -  Russell Crowe will even make you believe he is a college professor, says GEOFFREY EU GEOFFREY EU THE Next Three Days tells the suspenseful, if rather improbable tale of what happens when a mild-mannered, law-abiding, Prius-driving college professor is transformed by a desperate need to right
        PHOTOS: BLOOMBERG, AP  -  652 words
      • Article, Illustration
        Lock icon A tip of the hat to Hughes
        692 27  -  By DYLAN TAN RARELY do teen comedies come with brains but Easy A will have the godfather of the genre, John Hughes, smiling. It’s not just because the film makes multiple direct references to the 1980s teen movie king, going as far as
        BLOOMBERG  -  692 words
      • Article, Illustration
        Lock icon Gongfu cinema high kicks its way back
        613 27  -  By DYLAN TAN THIRTY-SEVEN years after his death, the name Bruce Lee still remains as bankable as ever, if a seven-figure deal inked at the American Film Market (AFM) earlier this month for a new biopic of the martial arts master is anything
        AP  -  613 words
      • Article, Illustration
        Lock icon The Girl is the one to watch
        528 27  -  DVD REVIEW By CHRISTOPHER LIM ALTHOUGH the plot of The Girl with the Dragon Tattoo revolves around more than just Lisbeth Salander and her dermal art, she’s by far the most interesting character and therefore justifies being bestowed the mantle of titular heroine.
        528 words
    • ARTS
      • Article, Illustration
        Lock icon Private Museum for all
        717 28  -  Arts centre director Rachel Teo starts The Private Museum to free up space for other private collectors to share their collections, reports CHEAH UI-HOON CHEAH UI-HOON WHAT happens to art works once they are bought by private collectors? They could either find their place in private
        PHOTOS: WETTERLING TEO GALLERY  -  717 words
      • Article, Illustration
        Lock icon Singapore link in rare necklace at Sotheby’s
        853 28  -  By CHEAH CHEAH UI-HOON IMPERIAL Chinese pieces do not often show up in auctions, and even rarer still are Imperial jewellery pieces. An upcoming Sotheby’s auction in New York will showcase one jadeite necklace believed to have been in the Qin dynasty’s Empress
        PHOTOS: SOTHEBY’S  -  853 words
      • Article, Illustration
        Lock icon Berlin Phil soars in one voice
        711 28  -  By CHRISTOPHER CHRISTOPHER LIM RESONANT hammer blows punctuated the Berlin Philharmonic’s local debut at the Esplanade Concert Hall on Tuesday. It was a percussion instrument, of course, but it sealed the memorable first night as surely as any construction tool. The huge wooden hammer
        MONIKA RITTERHAUS  -  711 words
      • AROUND TOWN
        • Article, Illustration
          Lock icon Romancing history and art
          339 28 MOVING to Shanghai in the late 1990s, Singaporean Lai Choi Kuen quickly found that she could indulge in her passion for antique Chinese works of art. The founder of Jia House of Fine Chinese Art then discovered another outlet for her creativity when she started collecting
          339 words
        • Article
          Lock icon A mega week-long dance event
          149 28 United We Boogie Singapore is a mega dance festival from Nov 28 to Dec 5, jointly organised by local dance school Danz People and Boogiezone, an active online dance community. The eight-day dance convention and multiple genre showcase will be anchored by star choreographers Napoleon
          149 words
        • Article, Illustration
          Lock icon Sentosa Buskers
          155 28  -  By CHEAH UI-HOON Freestyle juggler Victor Rubilar (right) from Argentina has four Guiness World Records and he is only 26. At the age of 15, he worked hard with the football and even enrolled at a circus university to learn some acrobatic skills and now, Rubi- lar is
          155 words
      • Article, Illustration
        Lock icon Artworks within reach
        895 29  -  The first Asian Affordable Art Fair here opened up a visual feast at price tags art lovers could afford, says MADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN ART is believed to have snob appeal and is generally considered the domain of the elite and the well heeled. However, the new
        895 words
      • Article, Illustration
        Lock icon New ideas on wing’d flight
        779 29  -  By LYNN KAN RARELY do three stars align naturally on the same stage, except for the twinklers on Orion’s Belt. When Dec 11 rolls around, Singapore’s three “more visible” dance companies Singapore Dance Theatre, T.H.E Dance Company and Frontier Danceland will for the first time,
        DENNIS NG  -  779 words
    • MUSIC
      • Article, Illustration
        Lock icon Charlatans just get stronger
        595 30  -  Indie rockers The Charlatans turn up trumps in the face of adversity, reports DYLAN TAN DYLAN TAN most of WHILE their peers have become subjects of VH1’s Where Are They Now? specials, The Charlatans are still flying the Madchester flag high. This despite the streak of
        WARNER MUSIC  -  595 words
      • Article, Illustration
        Lock icon Spiced mix of outings
        441 30  -  By CHRISTOPHER LIM VARIETY in albums is the perfect antidote for listeners with a short attention span but some of this week’s albums have been crafted for more than the maintenance of interest. Quartet West is just one of bassist Charlie Haden’s many ensembles, but it’s
        441 words
    • PURSUITS
      • Article, Illustration
        Lock icon The holy grail of taste
        1078 31  -  Transparency of flavour is that indefinable quality in wine that keeps us always searching, says NK YONG NK YONG IWAS dining with Gildas d’Ollone, direc-tor-general of the now Roedererowned Chateau Pichon Lalande a couple of nights ago and reflecting on our past association with Madame
        FILE PHOTO  -  1,078 words
      • Article, Illustration
        Lock icon Slasher shepherd
        376 31  -  By CHRISTOPHER LIM THE bar for role-playing games (RPGs) has been set so high by BioWare’s Mass Effect 2 and Dragon Age: Origins that it’s hard today for other developers to get a word in edgeways. Perhaps that’s why Spellbound Entertainment decided to minimise the role-playing elements in
        376 words
      • Article, Illustration
        Lock icon Knotted plots from the Shah of Blah
        543 31  -  By CRAIG SELIGMAN Bloomberg Salman Rushdie has said that seeing The Wizard of Oz made a writer of him. In Luka and the Fire of Life, his new children’s book, The Wizard of Oz meets The Faerie Queen. Rushdie grabs everything from everywhere
        Bloomberg; BLOOMBERG  -  543 words
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      294 29 CRYPTIC CROSSWORD Across 4 Might Peter return after short sleep? (5,3) 8 Car crashed during endlessly speedy disturbance (6) 9 Note new verses in piece of narrative music (4,4) 10 Meeting of hands after the performance? (8) 11 Having nothing to declare (6) 12 In Channel Islands, get impression of
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      72 32 a V V A m 4* W vSsSa y 5 it. Y.-, s> 5^ k THE MASTER OF TIME The delicate feat of its assembly accomplished, an LV277 chronograph oscillates 36 000 times every hour. But let us not be dazzled by mere numbers. This wealth of tiny pulses has
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