The Business Times, 8 December 2010

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Microfilm: NL30983
Total Pages: 36
1 37 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SjSl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, December 8,2010
    23 words
  • Article, Illustration
    Lock icon Time to do the math as gold gleams brightly
    741 1  -  It now takes 594 oz to buy a median 100 sq m condo; in ’97 it took 2,095 oz By TEH HOOI LING [SINGAPORE] The US government’s strategy of printing money amid lacklustre economic data has sent gold to record levels
    Source: Compiled by BT with datafrom Bloomberg, Nationwide Building Society and URA  -  741 words
  • Article
    Lock icon End of truce may spell a harder grind for GLP
    839 1  -  Non-compete clause with ProLogis ends in Feb; tougher battles in China may lie ahead By FELDA CHAY [SINGAPORE] A non-com-pete agreement involving Global Logistic Properties (GLP) and a potential rival is set to expire early next year, and could lead
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  • Article
    Lock icon MARKETS DIGEST
    143 1 G ST INDEX 3,191.88 (+10.47) G ST INDEX FUTURES 3,188 (+16) G SIMSCI 376.83 (+1.75) G SIMSCI FUTURES 376.00 (+2.90) FOREX US$ S$ US$ (S$ per US$) 1.303 (US$/S$ per 1.578 2.057 EURO (US$/S$/E) 1.337 1.742 Foreign currency per US$ S$ YEN 82.70 63.40 RM 3.145 2.413 HK$
    143 words
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      Lock icon Page 1 Advertisements Column 1
      270 1 LAND TRANSPORT Honda’s new small car Brio may head here PAGE 25 PROPERTY Sim Lian emerges as top bidder for Punggol site PAGE 9 EXECUTIVE MONEY Credit Suisse launches family office hub PAGE 34 TRANSPORT HUB Strait Talk: Greening of merchant ships PAGE Luxe Christmas 2010 The Naked Chef spends
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      2 1 *****1 *****4
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  • TOP STORIES
    • Article
      Lock icon Scramble for COEs likely in today’s bidding exercise
      557 2  -  Premiums expected to shoot up even further By SAMUEL EE [SINGAPORE] Distributors are expected to “scramble” for COEs in today’s bidding exercise the second last one for the year as some rush to secure certificates of entitlement before what they believe will
      557 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      511 2 End of truce may spell a harder grind for GLP A NON-COMPETE agreement involving Global Logistic Properties and a potential rival is set to expire early next year, and could lead to stiffer competition for the group in its targeted growth market of China. The clause was not
      511 words
    • Article, Illustration
      Lock icon Bond market tensions persist after Eurogroup inaction
      574 2 Reuters [LONDON] Tension persisted on European bond markets yesterday after Germany and fellow eurozone states resisted IMF calls to do more to quell the currency bloc’s debt crisis, leaving the ball with a reluctant European Central Bank (ECB). After five hours of talks
      Reuters  -  574 words
    • Article
      Lock icon ‘No clean chit from SMC for Dr Dass’
      700 2  -  Patient who is suing him says that investigations are still ongoing By MICHELLE QUAH [SINGAPORE] Another twist has been added to the face-off between make-up artist Sng Hock Guan and his aesthetics doctor Amal Dass; Mr Sng has told BT that a
      700 words
    • Article
      Lock icon S’pore casinos set to overtake Aussie market
      583 3  -  Gaming revenues here may hit US$5.5b next year, says PwC report By GRACE LEONG [SINGAPORE] Even as the United States remains the world’s biggest casino gaming market, the shift in spending towards AsiaPacific is gaining momentum with Singapore poised to overtake Australia and
      583 words
    • Article, Illustration
      Lock icon Mahathir makes a radical suggestion
      594 3  -  To make Islamic banking fly, he suggests dropping the term ‘Islamic’ By LEE U-WEN [SINGAPORE] There should be a re-think on how Islamic banking is branded to increase its appeal to the non-Muslim community, said former Malaysian prime minister Mahathir Mohamad yesterday. In fact, doing
      AFP  -  594 words
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      184 words
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      33 3 Wallet in Epsom calfskin and printed silk WINDOW SHOPPING FOR CHRISTMAS Bracelet in silver Liat Towers Tel. 6738 9807 Takashimaya Tel. 6735 5228 The Shoppes at Marina Bay Sands Tel. 6688 7111 Hermes.com
      33 words
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  • COMPANY NEWS
    • Article
      Lock icon UBS, Nomura offer bullish outlook on Asian equities
      619 4  -  S’pore is expected to benefit from its strong currency and attractive valuations By LYNETTE KHOO IT’S the time for crystal ball gazing on next year’s stock markets again. Recent analyst reports reflect bullishness on Asian equities, with the latest from UBS Investment
      619 words
    • Article, Illustration
      Lock icon Local yards’ odds improve after culling
      518 4  -  By JOYCE HOOI JUST a week after fears surfaced over Sembcorp Marine’s (SembMarine) bid for Petrobras’s 28-rig tender, the rig-builder might be back in the game, now that it has survived a round of cuts. The Brazilian energy giant disqualified two of the highest
      BLOOMBERG  -  518 words
    • Article
      Lock icon SingTel’s mio TV offers four more sports channels
      347 4  -  By WINSTON CHAI SINGAPORE Telecommunications is bolstering its sports programming line-up with four new pay-TV offerings, including another two soccer channels that used to belong to archrival StarHub. All Sports Network (ASN), Goal TVT1 and 2, along with Ten Cricket are the
      347 words
    • Article
      Lock icon DBS should focus on its existing business
      595 5  -  HOCK LOCK SIEW By SIOW LI SEN ON Monday, DBS Bank announced the sale of its asset management arm, confirming talk of a divestment for some months now. DBS chief executive Piyush Gupta called the sale its “worst kept secret”. But the confirmation
      595 words
    • Article
      Lock icon More regional deals seen
      487 5  -  By CONRAD TAN CORPORATE deals involving companies in Singapore and the rest of South-east Asia are on the rise and likely to increase significantly next year, senior investment bankers at JP Morgan said yesterday. The outlook for new equity listings in Singapore is also bullish, with
      487 words
    • Article
      Lock icon ThinkEnv shares soar on gold deal
      506 7  -  Stock jumps 8.8% to 62 cents; venture gives firm rights to gold mines HOT STOCK By JOYCE HOOI THE Think Environmental Co Ltd’s (TTEC’s) share price shot up a good 8.8 per cent in trading yesterday from 57 cents to 62 cents following news
      506 words
    • Article
      Lock icon HSBC upgrades STX Pan Ocean on wood pulp deal
      438 7  -  By JOYCE HOOI EVEN as the horizon is filled with clouds for dry bulk shipping with rates expected to stay flat next year locally listed STX Pan Ocean Co bucked the trend in the latest HSBC Global Research report. The South
      438 words
    • COMPANY BRIEFS
      • Article
        Lock icon Uni-Bridge buys 5% stake in Aussino
        48 7 AUSSINO Group said that Uni-Bridge Capital Management Limited has bought a 5 per cent stake in the company from its shareholder, Foreswood Industrial Corporation, in an off-market transfer on Dec 3. Uni-Bridge is an investment company specialised in retail industry in China.
        48 words
      • Article
        Lock icon GuocoLeisure asks FSA to cancel share listing
        86 7 GUOCOLEISURE said that it has requested the Financial Services Authority (FSA) of the UK to cancel the listing of its shares on the standard listing segment of the Official List of the UK Listing Authority with effect from Jan 17 next year. “In
        86 words
      • Article
        Lock icon SingLand unit sets up JV for China project
        83 7 SINGAPORE Land said that its subsidiary, SingLand China Holdings Pte Ltd, together with UOL Capital Investments Pte Ltd and Peak Star Pte Ltd, have set up a 30:40:30 joint venture for a project in Shanghai. The joint venture Shanghai Jin Peng Realty
        83 words
      • Article
        Lock icon Informatics unit gets EduTrust Certification
        86 7 INFORMATICS Education Ltd said that its subsidiary, Informatics Academy Pte Ltd, which runs the group’s school operations in Singapore, has successfully attained the four-year EduTrust Certification, a voluntary certification scheme that helps to distinguish higher-quality players in Singapore’s private education industry. Private education institutions in
        86 words
    • Article
      Lock icon Good response to Prive
      209 7 PRIVÉ, the first executive condominium (EC) project to come up in Punggol, has attracted strong interest from home buyers. The developers, NTUC Choice Homes Co-operative and Chip Eng Seng, received 1,011 applications for the 680 apartments available as at 8pm yesterday. Applications have closed and bookings
      209 words
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      568 4 A Christmas All Decked Up M 0> <3 6 CO I On her: Dress by Ashley Isham; Shoes, bangles and bag by Scarlet Ebony On him: Outfit by Just Cavalli; Shoes by in: Famous Fri, 19 Nov Fri, 31 Dec 2010 This Christmas, Mandarin Gallery unfolds all four levels of
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      145 5 > > i If! (jty^WWA&XL ~J~hsL- f^4/vc£ijU/j. r. V 5) a Extreme is only just the beginning. One look at its iconic styling and your heart already starts to race. Take immense pleasure in the thrilling rumble of its 621bhp W12 twin-turbocharged engine as it propels you from 0-100km/h in
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      63 5 Swiss quality also stands for dynamism. Ensuring your success with global mailings. Swiss Post offers you cross-border mailing options to make your business even more successful. You can count on us for daily mail, direct mailings, newspapers, magazines and small consignments. With our flexibility, innovativeness and reliability we are your
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market up on late buying
      579 6  -  Wall St is expected to undergo a non-volatile week as no major economic reports are expected to be released STOCKS R SIVANITHY Senior Correspondent TRADERS yesterday bet on Wall Street ending marginally positive on Tuesday by nudging the Straits Times Index (STI) up 10.47 points
      Source: Bloomberg  -  579 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Dec 7 VALUE CLOSE BT OB/OS 165.00 +383.0 BT CADI -*****.00 +56.0 BT 10-day MA -*****.00 +17.00 FTSE ST Mid Cap 800.65 +3.69 FTSE ST Small Cap 579.17 +5.23 FTSE ST All Share 790.22 +3.03 FTSE ST China Top 294.78 +3.04 FTSE ST China 331.05 +2.89 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      190 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 6 3 0 0 0 7 6 3 Manufacturing 69 45 63 2 6 8 71 51 71 Commerce 19 21 18 3 2 3 22 23 21 Tpt/Stor/Comms 14 11 17
      190 words
    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Rigbuilders
        252 6 DBS GROUP RESEARCH, Dec 7 ACCORDING to reports by Upstream, Petrobras has disqualified two of the highest bidding yards (out of seven) from Package 1 (ie the seven drillships package) from its 28-rig tenders, following the opening of the commercial bids almost two weeks ago. The two disqualified
        252 words
      • Article
        Lock icon Sino Grandness Food Industry Group
        643 6  -  Dec 7 close: $0.395 PHILLIP SECURITIES RESEARCH, Dec 7 Compiled by CONRAD TAN SINO Grandness’ main raw materials are fruits and vegetables. In the law of supply and demand, prices react to imbalances on either side of the equation. In 2008, gross profit margin suffered
        643 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 23,931 23,931 74,046 74,046 Manufacturing 430,361 20,193 450,554 245,392 822 246,214 Commerce 49,619 22,754 72,373 117,963 2,282 120,245 Tpt/Stor/Comms 85,568 966 86,534 177,108 119 177,227 Finance 23,009 23,009 174,739 174,739 Construction 17,732 8,514 26,246 5,325
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 6 Stock name Close Change CapMallsAsia 2.000 +0.010 CapitaLand 3.690 +0.010 CapitaMall 1.960 +0.020 CityDev 12.460 +0.020 ComfortDelGro 1.540 +0.030 DBS Grp 14.020 -0.060 F&N 6.210 +0.060 Genting SP 2.140 +0.040 Golden Agri 0.770 +0.030 HK Land 7.110 +0.050 JMH 44.900 -1.100 JSH 26.740 -0.140 Jardine C&C
      111 words
    • Article, Illustration
      Lock icon Yen rises on China tightening fears
      452 6 CURRENCIES AFP [TOKYO] The yen rose to a threeweek high against the US dollar in Asia yesterday as speculation about a possible Chinese interest rate hike fuelled demand for the safe-haven Japanese currency, dealers said. China’s central bank may raise interest rates around the
      AFP; AP  -  452 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME Genting SP 97,238,000 Golden Agri 92,067,000 Centillion 82,757,000 ChinaAniH 73,352,000 GuangzhaoIFB 41,024,000 ChinaGaoxian 31,086,000 SingTel 23,424,000 Healthway 23,044,000 Yangzijiang 19,525,000 Vallianz Hldgs 17,001,000 VALUE($) Genting SP 206,169,450 UOB 75,590,145 SingTel 73,381,910 Golden Agri 70,047,545 StraitsAsia 38,998,860 DBS Grp 37,753,640 Yangzijiang 37,275,940 OCBC Bk 34,891,890 Keppel Corp
      55 words
    • Article
      Lock icon RISES
      111 6 BY CENTS CLOSE UP DBXT SPASX200 10US$ 3359 152.5 3.6 DBXT MSJAP 10US$ 3941 132.9 2.7 GLD 10US$ ***** 105.6 0.6 DBXT S&P500 10US$ 1926 62.6 2.6 DBXT MSKorea 10US$ 5597 60.0 0.8 Asia Pac Brew 1900 40.0 2.2 IS S&P500 ***** 27.4 0.2 Pru 500US$ 959 26.1 2.1
      111 words
    • Article
      Lock icon FALLS
      118 6 BY CENTS CLOSE DOWN DBXT DBCBDJUBS 10US$ 3553-606.0 -11.6 JMH 4490-143.4 -2.4 DBXT FTChina25 10US$ 3168 -83.4 -2.0 DBXT Nifty 10US$ ***** -50.8 -0.3 DairyFarm 867 -43.0 -3.7 OCBC Bk 5.1%NCPS 100 ***** -40.0 -0.4 STXPO 100 1328 -24.0 -1.8 DBXT FTVietnam 10US$ 3460 -23.5 -0.5 Great Eastern 1546
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      307 7 SINGAPORE WORKFORCE SKILLS QUALIFICATIONS iDDDCi! > m re -a What is Service Excellence Workforce Skills Qualifications (WSQ)? An Extraordinary programme to inculcate service culture and transform customer experience. The hotel for discerning business travellers, Royal Plaza on Scotts shines like a gem in the crowded hotel industry with its distinctive
      307 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Firms’ trade-payment period hits 5-year high
      386 8  -  By KAREN NG THE economy may have picked up but the time companies here take to pay bills has hit a five-year high, with construction firms being the slowest and those in the chemical industry the fastest. Trade-payment periods averaged 66 days for Q3
      386 words
    • Article
      Lock icon Red Cross can receive donations
      185 8 FUND-RAISING activities for the Singapore Red Cross (SRC) will continue as planned and ticket sales for its gala dinner will proceed. In addition, the SRC is also not disallowed from receiving donations. The Commissioner of Charities (COC) clarified these points with the Red Cross yesterday.
      185 words
    • Article
      Lock icon Financial sector staff top pay-hike list again: survey
      494 8  -  Job-hopping jumps from 9.8% last year to 12.4% across all industries in 2010 By CHUANG PECK MING BLAMED for nearly bringing down the financial system with excessive pay two years ago, bankers and other financial types are back again at the top
      494 words
    • Article
      Lock icon Invida to market Sinclair Pharma products in region
      365 8  -  By NISHA RAMCHANDANI THE Invida Group has inked a partnership with UK-based Sinclair Pharma to commercialise the latter’s dermatology and wound-care products in 11 markets across the Asia-Pa-cific region. Invida which is privately held by Temasek Holdings, biopharmaceutical services group Quintiles and
      365 words
    • Article, Illustration
      Lock icon Sim Lian ahead in tight race for Punggol site
      664 9  -  Top bid of $363m, or $406 psf ppr, is just 0.4% higher than nearest rival’s By KALPANA RASHIWALA IN one of the tightest races for a site at a state tender, a joint venture between Sim Lian Land and Sim Lian
      FILE PHOTO  -  664 words
    • Article
      Lock icon S’pore students among top 5 in OECD study
      494 9  -  By TEH SHI NING SINGAPORE has emerged among the top five in a global study of the reading, mathematics and science skills of secondary-level students in 65 economies. Students here were ranked second for their math scores, behind Shanghai, on the latest
      494 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Programme to develop management skills
        55 9 THE Institution of Engineers, Singapore and Human Capital Singapore have signed a strategic Memorandum of Agreement. The partnership aims to develop management skills among engineers and technical professionals via the People Management Programme which they will jointly conduct starting next month which will focus on
        55 words
      • Article
        Lock icon Defence Ministry gives researchers awards
        48 9 THE Ministry of Defence has granted the inaugural Temasek Research Fellowship and Nanyang-DSO Post-Doctoral Fellowship to Oleg Vasylkiv and Edwin Teo Hang Tong respectively. The two researchers were presented with their certificates of award at a ceremony at the Nanyang Technical University yesterday.
        48 words
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      402 8 i! Bei in 9 Seoul Bangkok Kuala Lumpur I AirAstana connects Far South East Asia to Kazakhstan 13 times a week (5 times a week from Beijing, 4 times a week from Seoul, 3 times a week from Bangkok, once a week from Kuala Lumpur). Air Astana serves Kazakhstan from
      402 words
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      31 9 JT »•> m A distinctive lifestyle The Trillium The Epitome of City River side living 2,218 sq ft Jfl JERRY LUM Snr Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg feAV.fli
      31 words
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      79 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon UK retail sales up on food, clothes
      359 10 But customers are cutting back due to job, financial worries Bloomberg [LONDON] UK retail sales climbed in November as higher food price inflation pushed up values and cold weather boosted demand for clothing and footwear, the British Retail Consortium (BRC) said. Sales at
      Bloomberg; AP  -  359 words
    • Article
      Lock icon Aussie central bank keeps interest rates on hold
      342 10 AFP [SYDNEY] Australia yesterday left interest rates on hold at 4.75 per cent, saying conditions were uncertain in Europe and the strong local dollar would help keep a lid on inflation. “The exchange rate has risen significantly this year, reflecting the high
      AFP  -  342 words
    • Article
      Lock icon US economy doing well on most fronts
      615 10 But the vital area of job creation remains the most significant weak link AP [WASHINGTON] The US economy is starting to fire on almost every cylinder these days except job creation which matters most. Factories are busier. Incomes are rising. Autos are selling.
      AP  -  615 words
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      172 10 Aalto University Executive MBA m •is; If? WK t v. v M •"T '■> MHelsinki School of Economics is now Aalto University, Finland's largest and leading institution. Aalto University is an innovative merger of Helsinki School of Economics, Helsinki University of Technology and the University of Arts Design, Helsinki where
      172 words
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      112 10 Luxe Christmas2010 The Naked Chef spends much of his time making successful cooking shows and baring the ugly truth about unhealthy school dinners and commercial food production. But when it comes to affairs of the heart, Jamie Oliver finds solace at home his family abode in Clavering, Essex. Luxe Christmas
      112 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon 2012 projected to be bumper year for banking sector
      510 11  -  The banking sector as a whole will benefit from having a regional expansion By PAULINE NG STRONG revenue growth driven by non-interest income is expected to boost the Malaysian banking sector’s return on equity (ROE) to a new high of 16.3
      REUTERS  -  510 words
    • Article
      Lock icon S’pore investors show greater interest in M’sia
      382 11 Bernama [SINGAPORE] There has been a spike of interest among Singapore companies toward Malaysia as the island republic continued to be the leading source of foreign investment for the country, International Trade and Industry Minister Mustapa Mohamed said. Up to September this year,
      Bernama  -  382 words
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      268 11 K Alpha 1 Mini Jet Fan Size H 30cm, Dia 6 £OH| I *;Chaiimina retro design m^ffv Inspired by the classic compact cars of yestyear Available in five colours Red, Orange, Blue, Black Ivory an Alpha Sales Services PL T > 6841 0111 51 Ubi Ave 1 #01-30 Paya Ubi
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China’s key money market rate tumbles
      672 12 Plunge comes as big banks unleash cash due to a borrowing strike by small banks Reuters [SHANGHAI] China’s key short-term money market rate plunged from two-year highs yesterday as a borrowing strike by small banks forced larger lenders to open the taps, underlining the
      Reuters; REUTERS  -  672 words
    • Article
      Lock icon India raises growth forecast to 9.1%
      458 12 Healthy farm output after rains will boost rural demand, it says Bloomberg [NEW DELHI] India’s finance ministry raised its economic growth forecast for the current financial year, saying higher agricultural production will boost consumer demand in rural areas. The South Asian economy may expand
      Bloomberg  -  458 words
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      192 12 A REPUTATION FOR EXCEEDING EXPECTATIONS. THAT'S WHY WE ARE THE 1 ST ONLINE MARKETING AGENCY TO WIN THIS AWARD. rlCTIVA MEDIA yi m I'll Activa Media is proud to be the first online marketing company to win the Singapore Prestige Brand Award (SPBA) Promising Brands 2010/ 2011. This milestone achievement
      192 words
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      67 12 With 12 years experience, and a proven ONE-STOP END-to-END SOLUTION, we will ensure a hassle worry-free recruitment process for you M For enquiry: Call Kevin Teh: 9322 5121 or 6745 8100 H _areerStar International CareerStar International Re Ltd (EA Lie No.: C*****1F) 1 Sims Lane #05-12 Singapore *****5 Fax 6745
      67 words
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  • ASIA MEDIA FESTIVAL 2010
    • Article, Illustration
      Lock icon Bringing 3D into the living room
      1057 13  -  Singapore is staking a claim in this emerging technology by boosting its content creation efforts. WINSTON CHAI reports WINSTON CHAI SINGAPORE is the regional pioneer of high-definition broadcasting and now it is poised to be among the first to make another technological leap adding
      1,057 words
    • Article
      Lock icon A major marketplace for TV content
      231 13 MORE than 2,000 delegates from some 50 countries are expected to wheel and deal their way to new content deals at this year’s Asia Television Forum (ATF). As one of the key tenants of Singapore’s annual Asia Media Festival, ATF is the region’s leading
      231 words
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      40 13 Who’s at the Singapore Pavilion August Media/Red Kite Animations Beach House Pictures Black Magic Design Bomanbridge Media Limited Oak3 Productions Off The Fence Scrawl Studios Sparky Entertainment Tiny Island Productions TQ Global VividThree Widescreen Media World Wide Content Ltd/Mango Media
      40 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Google calls China ‘heart’ of Internet’s future
      582 14 The firm, which shut its Web search site, says it can expand in other areas Bloomberg [BEIJING] Google Inc said that it has many chances for growth in China, where the company shut down its Web search site in a dispute over censorship,
      Bloomberg; BLOOMBERG  -  582 words
    • Article
      Lock icon Bright Food close to GNC acquisition deal
      367 14 Reuters [HONG KONG] China’s Bright Food Group Co is near a deal to buy US vitamin retailer GNC Holdings Inc, giving the well-known foreign brand a potential entry to China to cater to the country’s growing middle class. Under the deal being discussed,
      Reuters  -  367 words
    • Article
      Lock icon Citigroup to triple number of outlets in China
      242 14 Bloomberg [HONG KONG] Citigroup Inc aims to triple the size of its branch network in China to about 100 outlets within three years as the US bank vies with HSBC Holdings Plc for a bigger slice of the nation’s banking market. “We
      Bloomberg  -  242 words
    • Article
      Lock icon Exchange rates crucial to growth, says ADB
      652 15  -  The bank urges Asian countries to strengthen exchange rate cooperation By in ANTHONY ROWLEY THE time has come for Asian countries to strengthen exchange rate cooperation if the region’s strong economic growth is to be maintained and if currency wars are to be
      652 words
    • Article
      Lock icon Pfizer pays New York US$24.7m penalty
      244 15 Bloomberg [NEW YORK] Pfizer Inc paid New York City a US$24.7 million penalty, twice the tax incentives the drugmaker received for expanding its headquarters in the city, after relocating some corporate offices and transferring hundreds of jobs to New Jersey and Pennsylvania, city officials
      Bloomberg  -  244 words
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      168 14 Executive MBA This busy Finance Manager travels extensively yet is able to achieve Two World-Class MBAs in 15 Months. Emi Sugiura Class of 2011 Brand Finance Manager Unilever Japan, Tokyo One-of-a-Kind Format 6 sessions 2 weeks each Every 3 months Ideal for frequent travelers Unaffected by relocation Global Learning Global
      168 words
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      46 14 Avaya customers have been successful in winning the Contact Centre Association of Singapore (CCAS) awards 2010! Special congratulations to: The Singapore Turf Club Standard Chartered Bank SP Services Ltd Samsung Asia/ Optus IT Service Pte Ltd ...and all our winning customers. Visit avaya.com/apac AVAyA INTELLIGENT COMMUNICATIONS
      46 words
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      95 15 LANGHAM PLACE MONGKOK, HONG KONG YOUR 3 rd SUITE NIGHT IS ON US! HONGKONG.LANGHAMPLACEHOI a A It KJ- savills Prime a CD a def. of the first importance; demanding the fullest consideration Prime Position first in excellence, quality and service Prime Location the best and most desired district Prime Mover
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      184 16/17 The new Audi A8. Light years ahead. Some dream of the future, others create it. Fascinating sportiness, innovative technology and superior comfort: the new Audi A8 represents the best of Audi engineering, technology, performance and prestige. With 32 class-leading innovations, the new Audi A8 lets you see, hear and feel
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  • WORLD
    • Article
      Lock icon Brazil’s BTG Pactual sells US$1.8b stake
      565 18 Sovereign wealth funds have been keen to expand their presence in Latin America’s largest economy Reuters [SAO PAULO] BTG Pactual, the Brazilian investment bank controlled by billionaire Andre Esteves, raised US$1.8 billion in a cross-border deal that underscores Brazil’s status as one of the
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      Lock icon Irish 10-year bonds rise on proposed tougher budget
      526 22 2011 budget must pass for Ireland to secure an 85b euro aid package Bloomberg AFP [DUBLIN] Irish 10-year bonds rose, outperforming German bunds, amid speculation the nation’s parliament will approve a government austerity plan, allowing Prime Minister Brian Cowen to win an
      Bloomberg; AFP  -  526 words
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      Lock icon Iceland’s economy shows signs of thawing
      273 22 Reuters [STOCKHOLM] The crisis-stricken economy of Iceland showed its first growth for two years in the third quarter, data showed yesterday, helped by rising household consumption. Iceland’s top three banks were engulfed by the global credit crisis in late 2008 after expanding rapidly across
      Reuters  -  273 words
    • Article
      Lock icon Thaksin unfazed by prospect of arrest
      449 22  -  By LEE U-WEN THAILAND’S convicted former prime minister Thaksin Shinawatra is unperturbed about the prospect of being arrested during his scheduled trip to the US next week. His legal adviser and former Thai foreign minister Noppadon Pattama was quoted in a Bloomberg report yesterday
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      Lock icon Obama reaches compromise with Republicans over tax cut extensions
      373 22 The announcement has angered many in his liberal base AP [WASHINGTON] President Barack Obama and opposition Republicans agreed to extend expiring tax cuts for all Americans and to renew benefits for the long-term unemployed a compromise that was distasteful to the
      AP  -  373 words
    • Article
      Lock icon BRIC nations’ spending may surpass US
      356 22 Bloomberg [LONDON] Consumer spending in Brazil, Russia, India, and China may surpass US purchases in 15 years and companies that sell to emerging-market shoppers are some of the best investments “of our lifetime”, Goldman Sachs Asset Management chairman Jim O’Neill said. Spending in the
      Bloomberg  -  356 words
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      Lock icon WikiLeaks founder surrenders to London police
      292 22 Reuters AP [LONDON] WikiLeaks founder Julian Assange surrendered to London police yesterday as part of a Swedish sex-crimes investigation, the latest blow to an organisation that faces legal, financial, and technological challenges after releasing hundreds of secret US diplomatic cables. Mr Assange was due
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      336 18 WINE DINE AND HOSPITALITY AUTHENTI LOCAL YU FLAVOURS 55., FAIRMONT SINGAPORE'S CAFE NOEL Fairmont Singapore unwraps a tantalising assortment of culinary gifts and gourmet centrepieces with a local twist. From de-constructing the festive bird to re-inventing Dim Sum favourites, a delightful fusion of festive gastronomy awaits. For enquiries and/or orders
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      175 19 Panasonic ideas for life Years of Expertise in Massage Chair Technology -v T -J? I fi m 1 0 For the calming effects of hot stone massage. Introducing Panasonic EP-MA70 Massage Chair Experience the world's first massage chair with heated ceramic rollers* from Japan. Combined with revolutionary multi-technique air and
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      157 21 Congratulations to Singapore’s Leading Indian Entrepreneurs 2010 CATEGORY 2 MEDIUM ENTREPRISE WINNER Mr Kuppusamy Selvaraj Chief Executive Officer Kupps Sachs Pte Ltd CATEGORY 3 PROMISING ENTREPRENUER FINALISTS Mr Arjan Singh S/O Mall Singh Managing Director Safety Advisory Services Pte Ltd Mr Gnanakumar Kanagasabapathy Perimanam Pillai Chief Executive Officer Globsol Singapore
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      932 22 adv IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STIG (SINGAPORE) PTE LTD Company No.*****5218G (PROVISIONAL LIQUIDATOR APPOINTED) Statutory Declaration by Directors of the Company’s Inability to continue business by reason of its liabilities Name of Company: STIG (SINGAPORE) PTE LTD Company No.: *****5218G
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      21 22 Win an 8D/6N Tokyo Log on to 52^P3V0 f the ultimate 1 ers.c*m Sponsored By: -HIS jvel resource bu SFH imnmTMm
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  • Transport HUB
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      Lock icon Greening of merchant ships
      1077 23  -  Developments are afoot to replace pollutive fuels with efficient, cleaner alternatives STRAIT TALK By DAVID HUGHES WITH the recovery from global recession still weak and uncertain, now may seem a strange time to think about replacing much of the world’s fleet. In fact there are pressures
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      Lock icon Going nuclear on the high seas might take time
      400 23  -  A lot depends on the future of the carbon tax: energy veteran By JOYCE HOOI THE world might have come a long way from chanting “No nukes is good nukes”, but the future of nuclear energy in shipping will ride on
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      Lock icon Baltic Dry Index up as cold drives coal demand
      231 23 Bloomberg [LONDON] The Baltic Dry Index, a measure of com-modity-shipping costs, rose for a third day on Monday on stronger demand to transport coal as temperatures slid in Europe and rainfall disrupted supplies from Australia. Snow and ice interrupted transportation across
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    • TRANSPORT HUB: AVIATION
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        Lock icon Boeing assembly of 787 on hold for 16 days
        524 24 First delivery slated for early next year widely expected to be delayed AP Bloomberg [CHICAGO] Boeing is in the middle of a three-week hold on assembling pieces of its new 787. The manufacturing delay is the latest problem for Boeing’s new
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        Lock icon SpaceX may attempt to launch spacecraft today
        466 24 AFP [WASHINGTON] An American company may attempt to launch its first space capsule into orbit as early as today, in a key test for the future of commercial space flight as Nasa winds down its shuttle programme. The Dragon spacecraft unnamed for now
        AFP; REUTERS  -  466 words
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        Lock icon US, Brazil ink open skies aviation deal
        277 24 Pact to lead to more air services and may bring down prices AFP [WASHINGTON] The United States and Brazil have forged an “open skies” aviation deal to expand air transport services between the two nations, the US State Department said on Monday. Negotiators
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        Lock icon Cathay to revamp business class
        409 24 Bloomberg [HONG KONG] Cathay Pacific Airways, Hong Kong’s biggest carrier, will spend more than HK$1 billion (S$168 million) introducing new business class seats to fend off competition for lucrative premium travellers. The wing-back seats will be fitted in 50 long-haul planes by February 2013, the
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        3238 24 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 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
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        Lock icon Honda’s new small car Brio may head here
        491 25  -  Distributor Kah Motor believes it can help expand market share By SAMUEL EE AUTHORISED Honda distributor Kah Motor may introduce the brand new Brio supermini here next year with an eye on expanding its market share. The Brio was unveiled last week
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      • Article
        Lock icon Iced-up power lines delay Eurostar’s Brussels services
        233 25 Bloomberg [PARIS] Eurostar Group Ltd cancelled two trains between London and Brussels and delayed other Belgian services as ice formed on power lines, while Scottish airports were shut by fresh snowfalls as Europe’s cold snap continued. Eurostar scrapped one Brussels-London service yesterday morning
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        Lock icon Brazil sees car production boom
        452 25 Reuters [SAO PAULO] Car production and sales in Brazil are seen rising to all time highs in 2011, buoyed by robust growth and plentiful credit in Latin America’s largest economy, even as the pace slows from 2010. Sales in Brazil, a major market for several
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        Lock icon Perodua to increase exports as local market nears saturation
        324 25 Bernama [KUALA LUMPUR] Car company Perusahaan Otomobil Kedua (Perodua) aims to increase its exports to at least 10 per cent or 20,000 units, in line with its five-year roadmap, besides further developing the vendor community so that they can boost their
        Bernama  -  324 words
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        Lock icon GE to partner China’s CSR in fast-rail venture
        383 25 US$50m project will supply trains for California Florida Bloomberg [BOSTON] General Electric Co and CSR Corp, China’s largest maker of rail vehicles, plan to invest US$50 million in their US-based venture for supplying passenger trains for high-speed lines in California and Florida.
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      • Article
        Lock icon Parts shortage affects shipment of Ford’s F-150s
        385 25 Bloomberg [SOUTHFIELD, Michigan] Ford Motor Co, the second-largest US automaker, is delayingthe shipment of some ofits 2011 F-150 pick-ups because of a parts shortage. The shortage affects a “small population” of trucks and will be resolved “soon”, Anne Marie Gattari, a Ford spokeswoman,
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      968 23 CHINA ENERSAVE LIMITED Company Registration No.: *****6776D (Incorporated in the Republic of Singapore) 400 Orchard Road, #11-08 Orchard Tower Singapore *****5. NOTICE OF EXPIRY OF WARRANTS W*****2 (THE “W*****2 WARRANTS”) TO: ALL HOLDERS OF W*****2 WARRANTS TO SUBSCRIBE FOR NEW ORDINARYSHARESINTHECAPITALOFCHINAENERSAVELIMITED (THE “COMPANY”) THIS NOTICE IS IMPORTANTAND REQUIRES YOUR IMMEDIATEATTENTION.
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      87 23 Pulses December issue out now! What is ahead for China, the new global powerhouse? Where to put your money in 2011. How much is the Reit worth? We look at the determining factors and valuation measures for a Reit. Why does it pay to recognise firms with a long-term competitive
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  • Page 24 Miscellaneous
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      278 24 CRYPTIC CROSSWORD Across 7 Housing Eastern workers in temporary accommodation (8) 9 More rambling has-been getting Oscar (6) 10 Producer of sugar cane, say (4) 11 Pulling back trigger ends in recoil (10) 12 Heavier rock for the audience (6) 14 Nice friend, guy’s friendly (8) 15 Gunners atZaragoza producing
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  • EDITORIAL & OPINION
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      Lock icon Challenges for Thailand’s ruling elite
      508 26 EDITORIAL FRESH from an unconvincing victory after his ruling Democrat Party survived a dissolution case last week, Thai Prime Minister Abhisit Vejjajiva has much work to do ahead of looming elections that will determine his future in politics. Although the Oxford-educated leader will mark his
      508 words
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      Lock icon Ireland’s disastrous ‘rescue package’
      864 26  -  THE BOTTOM LINE BARRY EICHENGREEN The writer is professor of economics and political science at the University of California, Berkeley; and formerly senior policy adviser at the IMF. This article was sourced from VoxEU.org, a website featuring the views of prominent economists THE Irish “rescue package”
      864 words
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      Lock icon Is there a pattern in the latest quarterly data?
      1155 26  -  Asia is undoubtedly coming together and the process has been hastened by Great Recession By SHAHID JAVED BURKI The writer is a senior visiting fellow at the Institute of South Asian Studies. He is a former vice-president of the World Bank
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      Lock icon How culture affects Sino-US ties
      1123 27  -  Gap between their cultures is bridgeable, and when the two interact, resulting synergy can be very attractive and exciting LEON HADAR Washington Correspondent THEORISTS of international relations who belong to the “realist” school of thought have focused a lot of attention recently on the relationship
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      Lock icon The yuan needs a small leap forward
      729 27  -  Ipl REUTERS BREAKINGVIEWS ••••v.'-.* By JOHN FOLEY CHINA’S global yuan plan got off to a racing start in 2010. Beijing decided it wanted the currency to become a global lingua franca, and presto: within a year, the framework for an international currency had
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  • SINGAPORE STOCKS
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      Lock icon SGX MAINBOARD
      8966 28 Transaction date: Dec 7 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 18.5 +0.5 61 18.5 18 18 18.5 1.7 9.8 5.9 88.6 12 4.5 5834
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      Lock icon SGX CATALIST
      1594 29 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 5 4 5 27.8 4.8 225 130 6222 t APStrategic 165 unch 12 165 160 159
      1,594 words
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      Lock icon UNIT TRUSTS & FUNDS
      9441 29 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.31/ APS Alpha Fund (USD)!** 1.01/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
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      Lock icon SGX ETF
      840 29 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 $mil 124 107 6389 ABF SG Bond ETF 114 109 113 520.4 1056 761 CIMBAsean40 100US$ US1010 1010 1013 40.4 335 270 DBS STI ETF
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      Lock icon GLOBALQUOTE
      254 29 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 $mil 56 38 6000 AVJennings A47.5 45 49.5 3.6 7.4 3.8 123.7 55 16 6017 Genting HK US$ US44 +1 ***** 44 42.5 43.5 44 2897.2
      254 words
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      66 28 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 B1-19 THE SHOPPES AT MARINA BAY SANDS (65) 6634 8825 SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 THE SHOPPES AT MARINA BAY SANDS (65) 6634 9782 VIVOCITY (65) 6278
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  • FINANCE & COMMODITIES
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 30 In local curr In S$ In US$ dy yr dy yr dy yr Dec 6 Index Change Change Change Change Change Change World Index Preliminary 878.8 -0.1 5.6 0.0 -1.0 -0.3 6.4 EAFE Preliminary 790.4 0.0 0.7 -0.1 -5.2 -0.4 2.0 Europe Preliminary 1153.8 0.0
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      Lock icon INTERBANK RATES
      178 30 Dec 7 $S Offer Bid 0vernight 0.04 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.07 US$ Offer Bid 7 days 0.35 0.25 1 month 0.42 0.32 2 months 0.45 0.35 3 months 0.48 0.38 6 months 0.57 0.47 9 months 0.80 0.60 12
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      Lock icon US$/S$ FORWARD RATES
      24 30 Dec 7 S$ Bid Offer 1-month 1.3032 1.3036 2-months 1.3032 1.3036 3-months 1.3032 1.3036 6-months 1.3032 1.3037 Source: OCBC Source: OCBC
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      Lock icon SICOM FUTURES
      137 30 Dec 7 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 11 454.5 452.0 454.5 54 Feb 11 452.0 452.0 454.0 10 Mar 11 454.0 Apr 11 454.0 May 11 452.0 451.0 454.0 20 Jun 11 452.0 451.0 454.0
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      Lock icon GOVERNMENT SECURITIES
      90 30 Dec 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 10.03.2011 0.36 0.32 0.32 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 103.78 103.84 103.82 5-Year N*****0S 2.875 01.07.2015 107.18
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      Lock icon CHICAGO BOT
      107 30 Dec 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 11 1288.50 1300.25 1306.75 1280.25 Mar 11 1295.25 1307.00 1312.50 1286.50 May 11 1297.00 1308.25 1313.25 1288.25 Jul 11 1298.50 1310.50 1315.00 1290.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 10 53.13
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      Lock icon CRUDE OIL & PRODUCTS
      77 30 CRUDE OIL PRODUCTS Dec 6 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 91.50 0.75 WTI (Near Mth) 89.28 -0.04 Dubai (1-Mth F) 87.72 0.07 Tapis blend 95.80 0.10 Minas 91.25 0.30 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 92.83 1.50 Jet Kerosene 104.10 1.95 US$/barrel Opec Oil
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 Dec 07 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.333 1.258 Can dollar 1.322 1.272 Euro 1.768 1.7 Sterling pound 2.09 2.01 NZ dollar 1.021 0.973 US dollar 1.327 1.276 Local dollars to 100 units of foreign
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      Lock icon STOCK INDEX FUTURES
      27 30 Dec 7 Open High Sett STI Dec 3188 SIMSCI Dec 373.6 376.8 376.0 Taiwan Dec 309.6 310.0 309.9 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      65 30 Dec 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 10 3620 3630 3628 3600 72 1317 Jan 11 3579 3656 3662 3579 1107 ***** Feb 11 3545 3610 3618 3610 ***** ***** Mar 11 3506 3565
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      Lock icon SGX DERIVATIVES TRADING
      436 30 Dec 7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6850 0 7395 Mar11 99.5550 0 7121 Jun11 99.4800 0 4111 Sep11 99.4100 0 1441 EUROYEN TIBOR FUTURES Dec10 99.6650 99.6650 99.6575 99.6600 600 4752 Mar11 99.6525 99.6525 99.6475 99.6400 0 1454 Jun11 99.6300 0 1379
      436 words
    • Article
      Lock icon LIFFE
      82 30 Dec 6 COCOA (£/tonne) Close Prev High/Low Dec 10 2041 1954 2039/1942 Mar 11 2045 1959 2046/1942 May 11 2060 1973 2061/1958 Jul 11 2077 1990 2079/1977 COFFEE (US$/tonne) Close Pev High/Low Jan 11 1860 1864 1875/1841 Mar 11 1860 1864 1879/1844 May 11 1876 1879 1893/1862 Jul 11
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2298 30 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 1.5 unch 846 1 3 -10 3.33 0 AFP Properties EW*****8 32 unch 209 1 10 -6 1.39 59 6221 Asia-Pacific Strategic W*****6 35 -0.5
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      Lock icon INTERBANK CROSS RATES
      464 30 Dec 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.997 6.600 0.743 7.709 44.427 89.465 0.821 11.255 3.123 1.299 85.031 43.258 1.294 6.835 0.970 29.899 29.789 0.629 0.993 Canada 1.003 6.622
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      Lock icon SIBOR
      85 30 Dec 7 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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      Lock icon INTERBANK CURRENCY RATES
      154 30 Dec 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2937 1.2947 0.9927 0.9932 Canadian dollar 1.2981 1.2992 0.9961 0.9966 Euro 1.6419 1.7428 1.3366 1.3369 NZ dollar 0.9958 0.9967 0.7641 0.7646 Sterling pound 2.0563 2.0576 1.5779 1.5784
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    • Article
      Lock icon PRECIOUS METALS
      139 30 Dec 7 GOLD (US$/oz) Dec 07 Dec 06 Hong Kong 1421.80 1414.00 Dec 06 Dec 03 London 1417.40 1406.80 1418.30 1407.55 Source: Thomson Reuters CAST BAR Dec 07 (S$) Selling Buying Kilobar 63,657.51 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 59 5gm 405 297 10gm 723
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      Lock icon LONDON METALS
      69 30 Dec 6 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2285.75 2301.00 3 months 2305.00 2319.00 Copper, Grade A (US$/tonne) Cash 8815.50 8767.00 3 months 8769.50 8725.00 Lead (US$/tonne) Cash 2328.00 2316.75 3 months 2351.00 2340.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5867 31 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.
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      28 32 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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      13 33 Lianhe Zaobao nexi year eootemmmmm To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      198 33 Great leaders need great partners. f iShares Keep evolving We work with over 80% of the world's most sophisticated institutional investors 1 who have helped us grow to over US$400 billion in assets under management 2 Learn more about iShares ETFs to understand why. We keep evolving so that you
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  • executive Money
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      Lock icon Divorce funding for underdogs = profit
      1510 33  - Divorce funding for underdogs profit Newly set-up firms are investing in other people’s lawsuits, arming plaintiffs and their lawyers with money to obtain better settlements By BINYAMIN APPELBAUM NYT [BEVERLY HILLS] MICHELLE Pont and her husband amassed millions of dollars in properties and investments from a freight-hauling business that they
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      Lock icon Credit Suisse launches family office hub
      814 34  -  The initiative, believed to be first among private banks here, targets those with at least US$100m in investible assets, says GENEVIEVE CUA GENEVIEVE CUA HOW much in assets is needed to start a family office? Credit Suisse has launched a “family office hub” to
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      Lock icon Bond vigilantes likely to keep Europe volatile
      512 34 NYT [NEW YORK] During the Reagan administration’s experiment with supply-side economics, the US budget deficit swelled and bond buyers were appalled. They punished the government by pushing down the price of Treasuries. Ed Yardeni, then an economist with Pruden-tial-Bache Securities, dubbed the informal
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      48 34 Deutsche Bank st db.com Leaders in financial risk management across Asia Derivatives House of the Year 1 Best Derivatives House 2 Best Commodities Derivatives House 2 Credit Derivatives House of the Year 3 Hi 1".;; rm > V- V 1 L- *r: -i--r. •vx': *y. =2 *>5 7 ot'2
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      83 35 THE BUSINESS TIMES 3 ssi.oo online at http://www.businesstimes.com.sg Sf!l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI*****868E MICA(P) 138/08/2010 Wednesday, December 8,2010 www.glaesernemanufaktur.de O d 39 r L IB ft Wm 1 W □3 58 WllfUl a 1 .-J •■1- -> ■U Our factory is transparent so you can see us building
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      105 36 www.vw.com.sg 7?I v i T. rrr V! V 1 TTT •r*r* MOB DD 285 5 1 MBor CT2 rTr+* -r- 'r- j j 4||> Si.' Mh -'--"-fa •<►'• t -t. X I* v *T -v :-r t "tL-i! rx#*» A >' v v. .•«■.•< i-jfg' -A,.v: 1 *ri t »v.
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      140 37 www.vw.com.sg 'A fa i r a U-J 30 *<? -j*. »c BERLIN^' 5E, i PLATZ:^^ 0 II VuK Q k Luxury is in the details. The new Phaeton. It's the fine details that distinguish a Phaeton. For this reason, we use a very special tool: the human hand. Only it
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