The Business Times, 10 December 2010
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2010-12-10
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The Business Times
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Title Section22 2010-12-10 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, December 10,201022 words
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Article, Illustration746 2010-12-10 1 LEE U-WEN - Hackers attack card firms on busy shopping days; cables claim they colluded with govt By LEE U-WEN Compiled by BT [SINGAPORE] What first began as a series of targeted attacks has escalated into a full-blown online assault on governments and corporations by impassioned supporters ofCompiled by BT - 746 words
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576 2010-12-10 1 WINSTON CHAI - Many finally say yes to fibre-optic cables but will be wired well after HDB flats By WINSTON CHAI [SINGAPORE] An iron-clad government ruling is starting to lift the impasse that blocked most condominium residents from cruising on Singapore’s new ultrafast576 words
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Article141 2010-12-10 1 GST INDEX 3,210.20 (+7.40) GST INDEX FUTURES 3,207 (+11.0) GSIMSCI 378.74 (+1.00) GSIMSCI FUTURES 378.90 (+2.10) FOREX US$ S$ US$ (S$ per US$) 1.310 (US$/S$ per 1.582 2.074 EURO (US$/S$/E) 1.331 1.744 Foreign currency per US$ S$ YEN 83.80 64.00 RM 3.139 2.395 HK$ 7.770 5.929 BAHT 30.07141 words
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Page 1 Advertisements
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Advertisement102 2010-12-10 1 COMPANIES Commodity stocks gain on bullish sector outlook COMMENTARY COE premiums take the high road fast PAGE CD REVIEW Wordless, wonderful paeans to music PAGE 30 WINE Toast to Grand Cru PAGE 29 PAGE 7 Luxe Christmas Donald Trump. Jamie Oliver. Valentino. Rene Redzepi. Botero. Zeng Fanzhi. Jimmy Choo, Dolce102 words
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TOP STORIES
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642 2010-12-10 2 SAMUEL EE - Some expect them to climb even higher but some new factors are in play COMMENTARY By SAMUEL EE IF YOU had thought that this week’s spike in COE premiums was shocking, here’s an even more frightening scenario: they could go much higher. Unless642 words
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682 2010-12-10 2 TEH SHI NING - This is due to higher investment demand and lower savings By TEH SHI NING [SINGAPORE] A surge in global investment demand fuelled by rapid emerging markets growth could drive interest rates upwards within the next five years, says682 words
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Article667 2010-12-10 2 Wikistorm batters away at businesses WHAT first began as a series of targeted attacks has escalated into a full-blown online assault on governments and corporations by impassioned supporters of WikiLeaks and its detained founder Julian Assange. Anonymous hackers managed to shut down the Swedish government’s official website for667 words
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Article, Illustration973 2010-12-10 4 MICHELLE QUAH - Their work must mirror duties of CFOs: KPMG head By MICHELLE QUAH [SINGAPORE] The public accounting profession and auditors in particular needs to move beyond examining the truth and fairness of financial statements and expand its raison d’etre to mirror the evolved responsibilities of today’sTHE BUSINESS TIMES FILE PHOTO - 973 words
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595 2010-12-10 4 S JAYASANKARAN - Soft Oct figures may see Q4 real GDP growth skid to 4%: economist By S JAYASANKARAN MALAYSIA’S industrial output growth slowed to 3 per cent in October from the 5.6 per cent registered in September but still above the street’s estimate of 2.1 per595 words
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485 2010-12-10 4 It aims to raise US$7b next year by selling shares AFP [NEW YORK] American International Group Inc (AIG), US government-con-trolled after a bailout, said on Wednesday it has struck a deal to speed up repayment of taxpayer dollars and reclaim independence.AFP - 485 words
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364 2010-12-10 4 Bloomberg [SINGAPORE] Government of Singapore Investment Corp (GIC) says that it has more than doubled its stake in China International Capital Corp (CICC), making it the second-largest shareholder of the first Sino-foreign investment bank. GIC, manager of over US$100 billion of Singapore’s reserves,Bloomberg - 364 words
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Page 2 Advertisements
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Advertisement318 2010-12-10 2 In support of Singapore Heart Foundation, /^TTT3TOrpi*/r A C! Amara Hotels and Resorts present a selection VjI lrllj X 1VJ ziO of heart-healthy offerings this festive season. SILK ROAD I Reservations 6879 2655 SILK ROAD OF THE SEA I Reservations 6377 4248 Christmas Set Lunch I Dinner from $68 THANYING318 words
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Advertisement31 2010-12-10 2 The Museum of Art and Design Mandarin Gallery, #03-01 Meritus Mandarin Hotel ■I landarin Gallery, #03-01 Friday Sunday 10th 12th December 2010 12.00 pm 8.00 pm aWr- Organized By ZENITH AFFAIR31 words
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Advertisement192 2010-12-10 3 ORCHARD iSCOTTS Winner of the FIABCI Prix d'Excellence Award 2009 7 s N SB; 8B Sin?-— fS "S||slS UUL «un 4k ■i T "3= £1 The luxury of space In the heart of Orchard Space is a true expression of luxury. At Orchard Scotts, you will experience space in abundance192 words
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Advertisement136 2010-12-10 4 ,v> jh. *> V > t t\ *> *> J THE MAGIC OF CHRISTMAS Experience the grand festive celebrations at the Conrad Centennial Singapore. Feast on exquisite culinary creations by award-winning chefs, from sumptuous pre-Christmas buffets* and delectable brunches at Oscar's to delightful afternoon tea time pleasures at Lobby Lounge,136 words
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Advertisement125 2010-12-10 5 Munich Automobiles munichauto.com.sg a jfr j > >* vk BMW M3 GTS 4f > i FIRE ORANGE DOESN'T MAKE A CAR GO FASTER. The colour of a car is just that-a colour. It doesn't make the car accelerate faster or handle any better. At BMW M, we understand this. Which125 words
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COMPANY NEWS
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Article, Illustration550 2010-12-10 6 MICHELLE QUAH - Changes take effect next year; applicable to both mainboard and Catalist firms By MICHELLE QUAH THE Singapore Exchange (SGX) will be formalising measures introduced during the global financial crisis to reduce the time-to-market for secondary fund raising. These include shortening the notice of books closureBLOOMBERG FILE PHOTO - 550 words
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576 2010-12-10 6 LYNETTE KHOO - It plans placement, bond issue to raise $79m financing BY LYNETTE KHOO TREASURY China Trust (TCT) has entered into two separate agreements to acquire two properties for $206.64 million. The move is expected to be income-ac-cretive for fiscal 2011. To finance the576 words
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401 2010-12-10 6 Bloomberg DBS Bank Ltd, a unit of South-east Asia’s biggest lender, was sued by a client claiming fraudulent and negligent misrepresentations that a US$1.5 million Lehman Brothers Holdings Inc-related investment was “sound”. Former DBS banker Desmond Lim Hong Nian had said principal invested inBloomberg - 401 words
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123 2010-12-10 6 Reuters GENTING Singapore’s Resorts World at Sentosa casino is seeking to borrow around $4.2 billion to pay off an existing loan, Reuters Basis Point reported yesterday. The refinancing comprises a $3.5 billion sevenyear amortising term loan and a revolving credit facility. The term loan,Reuters - 123 words
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632 2010-12-10 7 FELDA CHAY - Rising rubber and palm oil futures help to boost buying interest By FELDA CHAY RIDING on expectations of higher commodity prices next year, a string of Singa-pore-listed plays, in particular the upstream stocks, saw their shares outperform the Straits Times Index’s flattish 0.2632 words
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COMPANY BRIEFS
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165 2010-12-10 7 BIO-TREAT Technology said that it has, through its agent Concord Way International, signed a water supply, wastewater treatment and recycled water contract with the Henan Province San Men Xia Industrial Zone Consultative Committee in China with a contract value of 500 million yuan (S$98.6165 words
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Article61 2010-12-10 7 SAPPHIRE Corporation, a specialist in steel and vanadium products with substantial operations in China, announced that it has received in-principle approval from the Singapore Exchange (SGX) to transfer its listing from Catalist to the SGX mainboard. The transfer is subject to approval of the shareholders61 words
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Article, Illustration434 2010-12-10 7 EMILYN YAP - Their earnings growth in ’11 may be in high teens to over 20% By EMILYN YAP INVESTORS hoping to ride on the growth of the economy should look at stocks representing the “new” Singapore, such as those in the leisure, resourceLIANHE ZAOBAO - 434 words
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293 2010-12-10 7 Bloomberg [TOKYO] Hedge funds rose 0.6 per cent in November, led by Japanese managers, and outperformed global equity markets that fell during the month, Eurekahedge Pte said. Hedge funds posted positive returns for the fifth consecutive month, with the Eurekahedge Hedge Fund Index, which tracksBloomberg - 293 words
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Article398 2010-12-10 9 VEN SREENIVASAN - Five-year, $300m agreement covers broad range of MRO, fleet mgt services By VEN SREENIVASAN SIA Engineering Company (SIAEC) has renewed its five-year $300 million comprehensive services agreement with Singapore Airlines’ regional carrier Silk- Air. The existing services agreement with SilkAir expires this year. The new398 words
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Article, Illustration145 2010-12-10 9 THE Christmas season is a time for giving and this is exemplified by SMRT, which is donating $309,000 to 12 organisations for the needy, disabled and less mobile. Under the company’s Gift of Mobility financial assistance scheme, recipients seeking medical treatment or145 words
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291 2010-12-10 9 TAN SI RUI - By TAN SI RUI OKP Holdings and Soilbuild Group Holdings have, through an equally owned joint-venture company, won an $83.5 million contract for the construction of a luxury condominium at Angullia Park in Orchard Road. The development site formerly housed The Parisian291 words
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Article, Illustration239 2010-12-10 9 NISHA RAMCHANDANI - Extension of A320 leases will raise fleet size to 28 in March By NISHA RAMCHANDANI TIGER Airways, which is extending the leases on two Airbus A320 aircraft for another 18 months from January, flew 464,000 passengers in November, 10 per cent more than a yearFILE PHOTO - 239 words
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Advertisement266 2010-12-10 6 7 1 i \\\W\W 0* 05 <o 0 Pa 53 Hsu fcll c S8 <f\8 oe flOfc SWISS MADE Ref. 9088 ESSENTIAL GEAR. InventecUfi the United States. Made in Switzerland, www.luminox.com ed/ifffl SR-71 Blackbird™ Limited to 500 units worldwide Valjoux 7750 Automatic Chronograph 0 44mm, 316L steel, PVD black case266 words
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Advertisement17 2010-12-10 7 paragon, takashimaya s.c, ngee ann city, the shoppes at marina bay sands www.dunhill.com 6734 8126 unni LONDON17 words
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SINGAPORE MARKETS
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Article, Illustration699 2010-12-10 8 VEN SREENIVASAN - Singapore market shows resilience in the face of significant volatility in other major regional markets STOCKS VEN SREENIVASAN Senior Correspondent IS THE market here poised for a “Capricorn rally”? That seems to be a question some market insiders are asking themselves as the Singapore marketSource: Bloomberg - 699 words
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Article66 2010-12-10 8 Dec 9 VALUE CLOSE BT OB/OS 84.00 -21.00 BT CADI -*****.00 +91.00 BT 10-day MA -*****.00 +9.00 FTSE ST Mid Cap 801.82 +2.49 FTSE ST Small Cap 584.64 +3.44 FTSE ST All Share 794.41 +2.10 FTSE ST China Top 295.63 +0.40 FTSE ST China 331.60 +0.75 FTSE66 words
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Article59 2010-12-10 8 VOLUME Genting SP 106,192,000 Golden Agri 73,268,000 China Sky 72,435,000 *Genting HK US$ 53,445,000 Bio-Treat 52,365,000 GMG Global 39,487,000 STXOSV 37,508,000 Gallant 30,293,000 Amtek 28,812,000 SingTel 27,161,000 VALUE($) Genting SP 233,857,500 SingTel 86,420,405 Golden Agri 57,539,805 DBS Grp 49,922,530 OCBC Bk 42,156,710 Keppel Corp 36,657,340 STXOSV 34,092,44059 words
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Article186 2010-12-10 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 2 7 0 0 0 8 2 7 Manufacturing 61 40 77 7 5 8 68 45 85 Commerce 23 17 22 1 1 7 24 18 29 Tpt/Stor/Comms 20 8 13186 words
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BROKERS’ TAKE
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Article451 2010-12-10 8 Dec 9: S$0.25 DBS GROUP RESEARCH, Dec 9 CONSCIENCEFOOD Holding (CSF) is engaged in the manufacturing and sale of instant noodles and snack noodles in Indonesia with an estimated market share of 4 per cent. CSF’s products are sold across six major provinces in Sumatra and Java Island.451 words
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Article490 2010-12-10 8 CONRAD TAN - Dec 9: S$3.16 OCBC INVESTMENT RESEARCH, Dec 9 Compiled by CONRAD TAN OLAM International (Olam) kicked off its FY2011 (its new financial year, which started on July 1) on a strong note and remains poised for sustained medium-term growth, driven by robust underlying fundamentals for agricultural commodities, coupled490 words
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Article119 2010-12-10 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 43,471 43,471 76,334 76,334 Manufacturing 398,789 16,287 415,076 279,742 962 280,704 Commerce 56,529 30,436 86,965 102,783 2,596 105,378 Tpt/Stor/Comms 135,906 3,385 139,291 224,174 1,189 225,363 Finance 17,485 17,485 153,241 153,241 Construction 19,939 16,322 36,261 4,717119 words
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Article111 2010-12-10 8 Stock name Close Change CapMallsAsia 1.940 -0.020 CapitaLand 3.700 +0.020 CapitaMall 1.940 -0.030 CityDev 12.960 +0.380 ComfortDelGro 1.540 +0.020 DBS Grp 14.060 +0.020 F&N 6.300 +0.060 Genting SP 2.200 +0.020 Golden Agri 0.790 +0.015 HK Land 7.140 +0.020 JMH 44.840 +0.220 JSH 26.600 -0.020 Jardine C&C111 words
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Article, Illustration498 2010-12-10 8 CURRENCIES Reuters [LONDON] The euro slipped against the dollar yesterday after ratings agency Fitch downgraded Ireland’s sovereign debt while the dollar edged up, still supported by this week’s jump in US Treasury yields. With trade thin, traders said the euro wasReuters; REUTERS - 498 words
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Article109 2010-12-10 8 BY CENTS CLOSE UP IS S&P500 ***** 212.2 1.3 IS DJ US Tech 6426 138.9 1.7 DBXT FTVietnam 10US$ 3482 96.9 2.2 DBXT SPASX200 10US$ 3347 74.7 1.7 CityDev.ES.1012 1298 68.0 5.5 Pru 500US$ 1020 59.0 4.6 Lyxor EmergingMkts 1 1128 52.4 3.7 CityDev 1296 38.0 3.0 JMH 4484109 words
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Article125 2010-12-10 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-361.5 -2.1 DBXT S&P Short 10US$ 4618 -76.0 -1.2 GLD 10US$ ***** -76.0 -0.4 DBXT FTChina25 10US$ 3164 -48.5 -1.2 DBXT MSINDIA 10US$ 1079 -38.0 -2.6 DBXT CSI300 10US$ 1053 -23.6 -1.7 SPH 404 -20.0 -4.7 DBXT MSTHAI 10US$ 1612 -19.7 -0.9125 words
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Advertisement134 2010-12-10 9 I P ii III yiiai iftJKli Ml ,«L'^?2.t; awm.-'t -UM6^ >ja^ Developed by GBD LIPPO GROUP In Partnership with CLSAi! CAPITAL PARTNERS Showflat at Dempsey Road To view: 6479 7533 6227 4937 Holland An exclusive collection of homes. Each a canvas for the expression of your individual lifestyle. Uniquely yours.134 words
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SINGAPORE NEWS
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441 2010-12-10 10 JOYCE HOOI - Jaya outlines three possible scenarios resulting from climate change talks By JOYCE HOOI SENIOR Minister S Jayakumar outlined three possible scenarios in which the climate change negotiations could result, while delivering Singapore’s national statement at the United Nations Framework Convention on Climate Change (UNFCCC)441 words
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350 2010-12-10 10 THE town councils of Ang Mo Kio-Yio Chu Kang, Sembawang and Tanjong Pagar have emerged with the best results in the second town council management report released by the Ministry of National Development (MND) yesterday. The report assessed 16 town councils on six areas350 words
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426 2010-12-10 10 LYNN KAN - By LYNN KAN IT IS no coincidence that Apple products retailer EpiCentre is nestled in the centre of shopping belt Orchard Road at Wheelock Place. “We want to be at the centre of the digital and lifestyle experience for customers,” said its founder, executive426 words
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313 2010-12-10 10 MICHELLE QUAH - By MICHELLE QUAH FOLLOWING its recent move to automate the Goods and Services Tax (GST) refund process for tourists, the Inland Revenue Authority of Singapore (Iras) is now streamlining the process of tax deductions for donations made by taxpayers to charities and other institutions of public313 words
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211 2010-12-10 10 A TOTAL of $64.2 million in Medifund aid was given out to needy patients last year, an increase of $5.3 million from 2008. About 88 per cent of the sum was disbursed to patients in the acute sector, with 12 per cent going to211 words
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Article, Illustration666 2010-12-10 10 JOYCE HOOI - By JOYCE HOOI ASIA’s oldest cruise terminal the Singapore Cruise Centre is getting a $13 million makeover. In a bid to overhaul its 19-year-old self, the centre is also bringing back the tried-and-test-ed, such as its original chairman, Soo Kok Leng, who tookCAROLINE CHIA/THE STRAITS TIMES - 666 words
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251 2010-12-10 10 VICTORIA HO - By VICTORIA HO THIS year, Singaporeans were most interested in tech gadgets, the World Cup and local celebrity Jack Neo, according to Google. The search giant released its list of top search items for the past year, which found the most251 words
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Advertisement117 2010-12-10 10 SINGAPORE ORIENTALIST 'ii uO W s. Classics Moderns Tribals Silks Antiques Collcctablcs Professional Cleaning Restoration Custom Made Consultation Asia's I st Largest Showcase of Hand Knotted Carpets IN ASIA rt-.'; Unbeatable Value [6.0x9.Oft] AGRA KILIM M w y? I m <- Unbeatable Value [7.0x10.0ft] AFGHAN KARGAHI Unbeatable Value [6.0x8.Oft] "l!5oO117 words
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ECONOMY WATCH
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Article, Illustration724 2010-12-10 11 A$ jumps as surge in jobs far surpasses expectations, raising risk of inflation Reuters [SYDNEY] Australian employment blew away forecasts by surging 54,600 in November as firms took on many more full-time workers, a resounding counterpoint to recent soft data and an omenReuters; REUTERS - 724 words
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429 2010-12-10 11 Reuters [TOKYO] The Japanese government is likely to lower the corporate tax rate to improve competitiveness, but economists say further cuts will be needed to have a significant impact on the economy. The government’s tax panel is debating tax policies this week. Prime MinisterReuters - 429 words
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453 2010-12-10 11 Central bank freezes key interest rate at 2.5% for December AFP [SEOUL] Standard and Poor’s (S&P) yesterday affirmed its credit ratings for South Korea but said it could lower them if military tensions with North Korea escalate or if the North’s successionAFP - 453 words
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Advertisement15 2010-12-10 11 www.hugoboss.com *****833 +65 Phone Ltd Pte. Singapore Luxury MGI through available Watches BOSS Black BOSS15 words
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Advertisement37 2010-12-10 11 LACOSTE Holiday Polo Shirt Specials LACOSTE BOUTIQUES 313@SOMERSET CENTREPOINT CHANGI AIRPORT T3 MARINA SQUARE SUNTEC CITY VIVOCITY WISMA ATRIA LACOSTE CORNERS PLAYLAB TANGS ORCHARD LEVEL 4, TAKASHIMAYA DEPARTMENT STORE LEVEL 3, ISETAN SCOTTS TERMS AND CONDITIONS APPLY37 words
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MALAYSIA/INDONESIA
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Article, Illustration506 2010-12-10 12 Sources say offer will be comparable to the firm’s net tangible asset value [KUALA LUMPUR] Syed Mokhtar Al Bukhary is believed to be considering taking car and banking group DRB-Hicom Bhd private, Malaysia’s Business Times newspaper reported yesterday quoting people familiar with the plan.FILE PHOTO - 506 words
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Article, Illustration375 2010-12-10 12 Bloomberg [JAKARTA] PT Bumi Resources Minerals, a unit of Indonesia’s largest coal producer, surged on its trading debut in Jakarta after selling 2.1 trillion rupiah (S$304 million) of shares in an initial public offering. Jakarta-based Bumi Minerals, which has interests in gold, copper, zinc andBloomberg; REUTERS - 375 words
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461 2010-12-10 12 Bloomberg [SINGAPORE] Nestle SA, the world’s largest food company, will invest US$100 million in Indonesia to make Milo choco-late-flavoured products and Cerelac weaning formula as purchasing power grows in South-east Asia’s biggest economy. The company’s factory in West JavaBloomberg - 461 words
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284 2010-12-10 12 Bloomberg [KUALA LUMPUR] Malaysian construction companies Gamuda Bhd and MMC Corp may team up with the government to help build a passenger rail network in Kuala Lumpur, a Gamuda executive said. Work on the project may start in July,Bloomberg - 284 words
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Advertisement108 2010-12-10 12 adv DREAMING OF A GREEN CHRISTMAS In this time of heartwarming reunions and cheerful celebrations, Pan Pacific Singapore spreads wonderful warmth with enchanting epicurean experiences. From delicious take-home goodies to exquisite Japanese dining and an array of International cuisines, thisYuletide will be filled with indulgence and revelry. (Visit www.panpacific.com/Singapore/festive for108 words
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GREATER CHINA
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227 2010-12-10 13 Bloomberg [SHANGHAI] China Railway Group Ltd and China CNR Corp led gains by rail-related stocks yesterday as investors speculated that the world high-speed rail congress in Beijing will spur new orders. China Railway Group, the nation’s biggest construction company by total assets,Bloomberg - 227 words
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Article, Illustration452 2010-12-10 13 Q3 feat puts it on track to become world’s second largest economy AFP [TOKYO] China’s economy again beat Japan’s in the third quarter, and Asia’s rising giant remained on course to unseat Japan as the world’s No 2 economy for the year asAFP; AP - 452 words
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241 2010-12-10 13 Bloomberg [HONG KONG] Google Inc, which shut its search engine service in China this year after a censorship dispute with regulators, slipped to third place behind Alibaba Group Holding in online advertising sales in the world’s biggest Internet market by users,Bloomberg - 241 words
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478 2010-12-10 13 Central bank seen to have slowed open market operations Reuters [SHANGHAI] The Chinese central bank’s actions in its open market operations in the last few weeks suggest that it could be due for another increase in banks’ reserve requirement ratios soon andReuters - 478 words
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Advertisement360 2010-12-10 13 Celebrate Christmas With The Best Of Europe At Up To 30% Off. 1 s m ii i t i Model: LEVICE II* Model: MQSTO KELVIN GIORMANI Luxury Sofas Leather Made in Italy Only the best of top grain leather MARCO is used to give you the natural soft feel of360 words
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INDIA
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571 2010-12-10 14 Both parties hope to seal an FTA despite squabbles over various issues AFP [BRUSSELS] India faces off on trade with its leading partner, the European Union, at a summit slated to make headway this week on four years of stalled negotiations,AFP - 571 words
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322 2010-12-10 14 9-month low of 8.58% is way above 4-4.5% goal Bloomberg [NEW DELHI] India’s inflation remains above “tolerance level”, central bank governor Duvvuri Subbarao said ahead of the monetary policy announcement next week. “Inflation is coming down but is still above the RBI’s (Reserve BankBloomberg - 322 words
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Article, Illustration515 2010-12-10 14 Bloomberg [NEW DELHI] News photographers climbed walls and passers-by gawked as officers from India’s Central Bureau of Investigation (CBI) searched for clues on Wednesday in a US$31 billion probe at the govern-ment-issued bungalow of former telecommunications minister Andimuthu Raja in New Delhi. InBloomberg; REUTERS - 515 words
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Advertisement3174 2010-12-10 14 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OLAM ONLINE LTD (Registration No. *****7933N) (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] An Extraordinary General Meeting of the Company deemed to have been convened3,174 words
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Advertisement368 2010-12-10 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NEAH CORP. PTE. LTD. COMPANY REG. NO. *****8449W (IN MEMBERS’ VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company held at 163 Penang Road #02-03 Winsland House II Singapore *****3 on 1 December368 words
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WORLD
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629 2010-12-10 15 Upbeat on economy, he cautions about central bank buying more risk assets Reuters [TOKYO] Japanese bond yields have not risen enough to seriously harm an economy that is set to resume an export-led recovery, a Bank of Japan (BOJ) policymaker said, suggestingReuters - 629 words
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361 2010-12-10 15 Reuters [HONG KONG] Standard Chartered plc said yesterday that it expects to post record income and profit for this year, helped by falling loan impairments and growth in consumer banking. Income in the second half of 2010 was expected to clock in atReuters - 361 words
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Article, Illustration538 2010-12-10 15 LEE U-WEN - By LEE U-WEN [SINGAPORE] Thai Prime Minister Abhisit Vejjajiva can breathe easy again after his ruling Democrat Party was spared from possible dissolution for the second time in as many weeks. This after a preliminary hearing in which the Constitution Court voted 4-3 in538 words
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709 2010-12-10 16/17 Sovereign wealth fund expects strong recovery for region’s bond market Bloomberg [OSLO] Norway’s US$510 billion sovereign wealth fund says its bet that Europe will emerge from the debt crisis is paying off as the region’s bond markets promise to deliver a “strong” recovery.Bloomberg - 709 words
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Article, Illustration547 2010-12-10 16/17 Reuters [NEW YORK] New York Mayor Michael Bloomberg denied again on Wednesday he would run for president but his latest critique of the US political system has stirred new speculation about his political plans. Mr Bloomberg’s newest comments on national politicsReuters; REUTERS - 547 words
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561 2010-12-10 16/17 Choice represents hopefulness and thoughts of things that satisfy many senses AP [NEW YORK] It may be grey outside when the calendar flips to 2011, but a bright red-pink hue will be in fashion. “Honeysuckle” is the colour of 2011 chosen byAP - 561 words
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Article, Illustration644 2010-12-10 16/17 Bloomberg [RIO DE JANEIRO] Petroleo Brasileiro SA’s bond yields are climbing the most in 12 months after Brazil’s state-controlled oil company said that it plans to boost debt by as much as 60 per cent to US$107 billion over the next four years.Bloomberg - 644 words
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Article, Illustration589 2010-12-10 16/17 Investors chasing high-quality, high-growth China companies: analysts Reuters [NEW YORK] The shares of two companies considered to be China’s YouTube and Amazon.com soared in their US debuts on Wednesday, as investors bet they could become dominant in a still-nascent market. Online videoReuters; AFP - 589 words
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Article, Illustration478 2010-12-10 16/17 Bloomberg [SEATTLE] US home values are poised to drop by more than US$1.7 trillion this year amid rising foreclosures and the expiration of homebuyer tax credits, said Zillow Inc, a closely held provider of home price data. This year’s estimated decline,Bloomberg; AFP - 478 words
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602 2010-12-10 16/17 Bloomberg [WASHINGTON] A majority of Americans are dissatisfied with the nation’s independent central bank, saying that the US Federal Reserve should either be brought under tighter political control or abolished outright, a poll shows. The Bloomberg National Poll underlines the extent to which the centralBloomberg - 602 words
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535 2010-12-10 16/17 It may help Japan firm JR Central’s bid for the project Bloomberg [TOKYO] Japan may offer as much as US$210 million in loans to help pay for a Florida high-speed railway as a Central Japan Railway Co-led group competes against AsianBloomberg - 535 words
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Article, Illustration566 2010-12-10 18 Fiscal costs of restructuring and support for its banks trigger downgrade Reuters AFP [DUBLIN] Fitch became the first ratings agency to strip Ireland of its A credit status yesterday, slashing it by three notches to BBB+ following the debt-stricken government’s requestReuters; AFP; REUTERS - 566 words
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468 2010-12-10 18 Reuters [BANGKOK] The manager of the world’s best performing emerging market hedge fund has placed outsized bets on Thailand’s food, retail, property and manufacturing sectors, banking on the country’s growing wealth and exports. Ton Poh Thailand Fund, advised and managed by Bangkok-basedReuters - 468 words
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578 2010-12-10 18 Bloomberg [LOS ANGELES] Citigroup Inc’s Citibank, Bank of America Corp’s Merrill Lynch unit and five other banks were sued by the trustee liquidating Bernard Madoff’s firm to recover more than US$1 billion for the con man’s defrauded customers. The banks, whichBloomberg - 578 words
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514 2010-12-10 18 Reuters [CANCUN, Mexico] Almost 200 nations are seeking to break a deadlock between rich and poor on steps to fight global warming and avert a new, damaging setback after they failed to agree a UN treaty last year in Copenhagen. Several environment ministers said thatReuters - 514 words
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277 2010-12-10 18 AP [MINNEAPOLIS] A federal court jury on Wednesday ordered healthcare company Johnson Johnson (J&J) to pay damages of US$1.8 million in the case of an 82-year-old man who sued over claims that the antibiotic Levaquin caused him severe tendon injuries. John Schedin was prescribedAP - 277 words
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Advertisement36 2010-12-10 15 m JERRY LUM Snr Marketing Director, MBA, CES 55' HP: 8288 0098 View: jerrylum.myweb.sg ft,ft,ft. GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or em notices@sph.com.sg.36 words
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Advertisement149 2010-12-10 15 FOR THIS MOMENTOUS ACHIEVEMENT, WE THANK OUR VERY OWN SUPERHEROES A? ICTIVA MEDIA IT* jv,.;' -S I u N. it. i. K v v. F. Ni "V 3 > S y L r 4 I, I r- 1 >•** +M |j§p -V. 1 I'm mm .Mm H M 1' Our149 words
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Advertisement137 2010-12-10 16/17 www.vw.com.sg Streamlined for performance. Introducing the new Volkswagen Passat CC. The 4-door coupe. The sleek new 5-seater Passat CC performs exactly like it looks. Part limousine, part coupe, it represents the best of both worlds. It has the aerodynamic design and performance of a sports coupe, while its spacious interior137 words
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Advertisement631 2010-12-10 18 KAT3 NOTICES NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HOSPITALITYBEX PTE LTD (IN MEMBERS’ VOLUNTARY WINDING UP) (Co. Reg. No:*****5524C) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members of the abovenamed Company will be held631 words
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Advertisement28 2010-12-10 18 ARTS MAMAS Highly-educated Indian women turn successful ‘eventpreneurs’ in Singapore CARLA CLASS French president’s wife dazzles Delhi GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)28 words
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AVIATION/SHIPPING
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Article, Illustration429 2010-12-10 19 Delivery date still mid-December; media says faulty oil tube in Rolls-Royce engine to blame AFP [SYDNEY] Australian carrier Qantas said yesterday that a “one-off problem” had put back the delivery of its newest A380 airplane, in a fresh snag for the troubled superjumbo fleet.AFP; AP - 429 words
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644 2010-12-10 19 Reuters [SINGAPORE] The rollout of the world’s largest dry bulk carriers by Brazilian mining giant Vale in 2011 will slash the cost of shipping commodities and choke off a recovery in the freight market for years. China’s ravenous appetite for ironReuters - 644 words
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Article278 2010-12-10 19 SGX '000 Dec 9 S$ +/-Vol CH Offshore 0.47 0.01 507 Chuan Hup Hldg 0.23 unch 60 Cosco Corp 2.15 0.01 ***** CWT Ltd 0.98 0.01 716 Ezra Hldgs 1.67 0.02 7522 First Ship Lea 0.44 -0.01 106 Freight Links 0.08 unch 5345 Grand Banks unch unch 0278 words
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455 2010-12-10 19 AP [JACKSON, Mississippi] India’s sari-clad ambassador was pulled from an airport security line and patted down by a security agent in Mississippi after attending a conference, an act one state agency official called “unfortunate”. The hands-on search last weekAP - 455 words
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302 2010-12-10 19 AFP [TOKYO] Malaysian longhaul budget airline AirAsia X was to launch regular flights between Kuala Lumpur and Tokyo starting last night, airport officials said. Its inauguration flight was scheduled to depart from Tokyo’s Haneda airport at 11.45pm (10.45pm Singapore time). The carrier plansAFP - 302 words
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200 2010-12-10 19 Bloomberg [WASHINGTON] US airlines will carry 43.6 million passengers during the Christmas-New Year’s holiday season, a 3.1 per cent increase from a year earlier, as travel demand rises, the Air Transport Association has estimated. As many as 2.3 million people aBloomberg - 200 words
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Article3285 2010-12-10 19 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 SQ5313,285 words
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EDITORIAL & OPINION
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481 2010-12-10 20 EDITORIAL WITH mega markets such as China increasingly sopping up foreign oil/chemicals investments, recent news that Jurong Island has managed to secure several new projects for next year suggests that the petrochemicals sector here is holding its own. The latest investments will spur additional downstream481 words
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Article, Illustration772 2010-12-10 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group PEOPLE who wonder what America’s budget problem is ultimately about should look to Europe. In the streets of Dublin, Athens and London, angry citizens are protesting government plans to cut programmes andThe Washington Post Writers Group - 772 words
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Article, Illustration1085 2010-12-10 20 LEON HADAR - Deal with Republicans and avoiding confrontation show his pragmatic approach LEON HADAR Washington Correspondent MEMBERS of the progressive wing of the Democratic Party were hoping that President Barack Obama would emerge from the “shellacking” his party had endured in the midterm Congressional elections promotingREUTERS - 1,085 words
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Article, Illustration1087 2010-12-10 21 THOMAS MENKHOFF, HANS-DIETER EVERS - Thanks to its development success, Singapore is well-placed to play a leading role in this process in the region By THOMAS MENKHOFF, HANS-DIETER EVERS Thomas Menkhoff is associate professor of organisational behaviour and human resources (practice) at the Lee Kong Chian School of Business, SingaporeST FILE PHOTO - 1,087 words
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Article, Illustration864 2010-12-10 21 WILLIAM PESEK JR - WILLIAM PESEK JR The writer is a Bloomberg News columnist. The opinions expressed are his own THE Nobel Peace Prize is normally about those who bring nations together. Events in Oslo will show how far two vital ones have moved apart. China864 words
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236 2010-12-10 21 Steven Wong Yong Heng - LETTER TO THE EDITOR Steven Wong Yong Heng I REFER to the article “Towards healthier workplaces” (BT, Dec 9). The government is indeed putting in place many initiatives to encourage Singaporeans and companies to take up an active lifestyle. The new initiative on Workplace Health Promotion236 words
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Page 21 Advertisements
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Advertisement7 2010-12-10 21 SMU SINGAPORE MANAGEMENT UNIVERSITY 10™ ANNIVERSARY *****-20107 words
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SINGAPORE STOCKS
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Article9042 2010-12-10 22 Transaction date: Dec 9 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 -0.5 20 18 18 18 18.5 1.7 10.1 5.8 86.2 12 4.5 58349,042 words
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Article1646 2010-12-10 23 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 159 -4 4 164 159 1591,646 words
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Article9439 2010-12-10 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.31/ 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.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM9,439 words
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Article844 2010-12-10 23 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 $mil 124 107 6389 ABF SG Bond ETF 110.1 -3.9 18 112.5 110 110.1 112 502.6 1056 761 CIMBAsean40 100US$ US1013 +9 51 1013 1011844 words
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Article254 2010-12-10 23 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 $mil 56 38 6000 AVJennings A46.5 48 50 3.6 7.5 3.7 121.1 55 16 6017 Genting HK US$ US45.5 +1.5 ***** 46 44 45.5 46 2996254 words
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FINANCE & COMMODITIES
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374 2010-12-10 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 8 Index Change Change Change Change Change Change World Index Preliminary 882.3 0.0 6.0 0.6 -0.1 -0.4 6.5 EAFE Preliminary 796.7 0.2 1.5 0.3 -4.3 -0.7 2.1 Europe Preliminary 1165.1 0.2374 words
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Article180 2010-12-10 24 Dec 9 $S Offer Bid 0vernight 0.03 PAR 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 1/8 US$ Offer Bid 7 days 0.35 0.25 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.56 0.46 9 months 0.80 0.60 12180 words
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Article24 2010-12-10 24 Dec 9 S$ Bid Offer 1-month 1.3099 1.3109 2-months 1.3099 1.3109 3-months 1.3099 1.3109 6-months 1.3099 1.3111 Source: OCBC Source: OCBC24 words
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Article149 2010-12-10 24 Dec 9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 11 457.5 454.0 457.5 32 Feb 11 457.0 452.0 457.0 34 Mar 11 452.0 452.0 457.0 10 Apr 11 457.5 May 11 457.5 Jun 11 457.5 Jul 11149 words
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Article90 2010-12-10 24 Dec 9 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 10.03.2011 0.35 0.30 0.25 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 103.74 103.80 103.76 5-Year N*****0S 2.875 01.07.2015 106.6490 words
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Article107 2010-12-10 24 Dec 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 11 1296.00 1285.50 1296.50 1266.50 Mar 11 1305.00 1294.25 1305.00 1275.25 May 11 1309.00 1297.75 1309.00 1279.25 Jul 11 1310.50 1299.75 1310.50 1280.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 10 53.80107 words
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Article77 2010-12-10 24 CRUDE OIL PRODUCTS Dec 8 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 90.65 -0.66 WTI (Near Mth) 88.47 -0.12 Dubai (1-Mth F) 88.04 -0.92 Tapis blend 95.45 -1.20 Minas 91.15 -1.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 92.11 -0.95 Jet Kerosene 102.60 -0.65 US$/barrel Opec Oil77 words
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2331 2010-12-10 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 1.5 unch 3289 1 3 -18 3.67 0 AFP Properties EW*****8 32.5 1 696 1 10 -4 1.37 59 6221 Asia-Pacific Strategic W*****6 35 12,331 words
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Article121 2010-12-10 24 Dec 09 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.33 1.255 Can dollar 1.324 1.274 Euro 1.777 1.709 Sterling pound 2.118 2.037 NZ dollar 1.011 0.963 US dollar 1.336 1.285 Local dollars to 100 units of foreign121 words
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Article27 2010-12-10 24 Dec 9 Open High Sett STI Dec 3207 SIMSCI Dec 377.3 379.9 378.9 Taiwan Dec 309.0 312.8 312.4 Source: MF Global (S) Pte. Ltd27 words
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Article65 2010-12-10 24 Dec 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 10 3700 3624 3700 3700 300 1083 Jan 11 3709 3650 3709 3647 1722 ***** Feb 11 3637 3598 3640 3591 ***** ***** Mar 11 3598 355065 words
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Article433 2010-12-10 24 Dec 9 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6925 0 7395 Mar11 99.5700 0 7021 Jun11 99.4350 0 3927 Sep11 99.3150 0 1291 EUROYEN TIBOR FUTURES Dec10 99.6650 99.6650 99.6650 99.6650 0 4614 Mar11 99.6325 99.6400 99.6325 99.6450 1 1650 Jun11 99.6250 16 1379433 words
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Article464 2010-12-10 24 Dec 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.996 6.572 0.742 7.672 44.554 89.019 0.828 11.251 3.099 1.320 84.639 43.117 1.294 6.815 0.970 29.715 29.688 0.624 0.987 Canada 1.004 6.598464 words
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Article85 2010-12-10 24 Dec 9 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article139 2010-12-10 24 Dec 9 GOLD (US$/oz) Dec 09 Dec 08 Hong Kong 1391.00 1395.00 Dec 08 Dec 07 London 1378.55 1414.50 1379.55 1415.40 Source: Thomson Reuters CAST BAR Dec 09 (S$) Selling Buying Kilobar 62,877.48 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 59 5gm 400 293 10gm 714139 words
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Article71 2010-12-10 24 Dec 8 Dec 8 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2357.00 2285.00 3 months 2373.00 2305.00 Copper, Grade A (US$/tonne) Cash 9047.25 8910.25 3 months 9015.00 8880.00 Lead (US$/tonne) Cash 2386.00 2377.75 3 months 2405.00 2400.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article154 2010-12-10 24 Dec 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2931 1.2948 0.9872 0.9877 Canadian dollar 1.2982 1.2999 0.9911 0.9916 Euro 1.7430 1.7451 1.3306 1.3312 NZ dollar 0.9798 0.9812 0.7480 0.7485 Sterling pound 2.0725 2.0746 1.5822 1.5826154 words
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Article82 2010-12-10 24 Dec 8 COCOA (£/tonne) Close Prev High/Low Dec 10 2008 2038 2035/2006 Mar 11 2009 2038 2040/2002 May 11 2024 2051 2056/2017 Jul 11 2040 2063 2071/2036 COFFEE (US$/tonne) Close Pev High/Low Jan 11 1881 1875 1886/1833 Mar 11 1882 1877 1888/1835 May 11 1900 1892 1901/1863 Jul 1182 words
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5839 2010-12-10 25 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.5,839 words
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Advertisement22 2010-12-10 26 FREIGHT FORWARDER urgently needed by shippers n Can they find your THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132722 words
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Advertisement20 2010-12-10 27 jr .rVv "f. -M-"' > f f >>V >€&3? ,^,v AsiaRoomsi Search for top floor. Find heaven. Always a better room.20 words
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executive lifestyle
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MEDIA/AROUND TOWN
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Article, Illustration1016 2010-12-10 27 CHRISTOPHER LIM - Celestial Pictures and Creative Technology ink movie licensing deal, reports CHRISTOPHER LIM CHRISTOPHER LIM BUYING or renting movies over the Internet, or on any medium other than a physical disc, is difficult in Singapore. In the United States, there are services like Netflix butPHOTOS: CREATIVE TECHNOLOGY - 1,016 words
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AROUND TOWN
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Article, Illustration110 2010-12-10 27 UNIFEM Singapore will be holding its fourth Buy-To-Save designer sale where they will be selling previously loved designer clothes to raise funds for women who are at-risk from violence and exploitation benefiting the Beautiful People mentoring program, the Andrew Grace Shelter for at-risk young girls and110 words
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Article176 2010-12-10 27 Cultural Medallion winners, award-winning and veteran artists have been working out of Telok Kurau osforthepast13years,butthefateoftheseartists’“village” could be hanging in the balance now that the National Arts Council’s arts housing project is up for review. “Rental may be adjusted which means that some artists may176 words
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Article145 2010-12-10 27 CHEAH UI-HOON - By CHEAH UI-HOON Singapore Art Museum’s (SAM) Moving Image Gallery presents a visual feast of feature films and artist documentaries in conjunction with Trans-Cool TOKYO. The feature films selected alternately portray legendary tales with a postmodern flourish, depict subcultural lifestyles in louche artist neighbourhoods,and145 words
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ARTS
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Article, Illustration850 2010-12-10 28 MADHVI SUBRAHMANIAN - The first major showing in the region of African art is on at the Asian Civilisations Museum, reports says MADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN AFRICAN Art mesmerised some of the greatest artists of the 20th century, like Picasso, Modigliani and Matisse. From their very850 words
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Article, Illustration922 2010-12-10 28 JOYCE HOR-CHUNG LAU - By JOYCE HOR-CHUNG LAU IHT WHEN the Centre Pompidou lent a Picas-so-painted stage curtain to Hong Kong in 2004, it was considered so rare that two million people went to see it at its spot in the shopping mall. Yes, a shopping mall. That sameIHT; AP - 922 words
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Article, Illustration413 2010-12-10 28 NATALIE KOH - By NATALIE KOH SERUNDING is just a side ingredient of the popular Malay dish, lontong, but without it, the dish loses its very essence. It’s the perfect name for the first-prize winner of TheatreWorks’ 24-Hour Playwriting Competition this year, as it aptly describes the relationship413 words
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Article, Illustration551 2010-12-10 28 CHEAH UI-HOON - By CHEAH UI-HOON IT’S not often that a play begins with the actors calling out through their microphones for the audience in the neighbourhood to come along and watch them, but that’s how it is with The Finger Players’ Community Festival which is making551 words
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WINE/BOOKS
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Article, Illustration1214 2010-12-10 29 NK YONG - The Corton Charlemagne’s still heart and taste make it quite possibly one of the great white wines of the world, says NK YONG WINE NK YONG I WAS reminded again some two weeks ago at a coincidental meeting after dinner of an otherwise forgotten tasting which1,214 words
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Article, Illustration886 2010-12-10 29 CHRISTOPHER LIM - The Accidental Billionaires: The Founding Of Facebook By Ben Mezrich Publisher: Random House Price: $21 (before GST) Pages: 260 Rating: C+ BOOKS By CHRISTOPHER LIM IS A sexy tale of geek exploits a recipe for success or an oxymoron? Facebook movie The Social Network topped box-office earnings,886 words
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Article, Illustration612 2010-12-10 29 LARRY ROHTER - By LARRY ROHTER NYT THE runaway success of Stieg Larsson’s Millennium trilogy (right) suggests that when it comes to contemporary literature in translation, Americans are at least willing to read Scandinavian detective fiction. But for work from other regions, in other genres, winning the interest ofNYT - 612 words
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PURSUITS
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Article, Illustration488 2010-12-10 30 CHRISTOPHER LIM - By CHRISTOPHER LIM SWORD-WIELDING Japanese anime characters and Disney cartoon characters aren’t usually found in the same place, especially when there’s violent combat involved. The one exception is the Kingdom Hearts game series, which is a collaborating between Disney Interactive Studios and Japanese488 words
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Article, Illustration682 2010-12-10 30 CHRISTOPHER LIM - Words cannot express the quintessentially Asian heartbeat of this collection of instrumental outings, says CHRISTOPHER LIM CHRISTOPHER LIM IT IS easiest to spot music’s Asian origins when there are vocals, but instrumental albums can unveil subtler musical influences. Indonesian and American guitarists Tohpati and Dennis682 words
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Article, Illustration415 2010-12-10 30 DVD REVIEW THERE are few better ways to welcome Christmas than by watching EbenezerScrooge go from “Bah, humbug” to “God bless us, everyone” in Charles Dickens’ A Christmas Carol, but a perennial question is which film adaptation to watch. Disney’s computer generated (CG) animation extravaganza helmed by415 words
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CINEMA
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Article, Illustration551 2010-12-10 31 DYLAN TAN - By DYLAN TAN LONG believed to be lost in the bombings of World War II, the negatives of Teinosuke Kinugasa’s masterpiece Kurutta Ippeiji (A Page of Madness) were rediscovered by the film-maker himself in 1971, and given a new lease of life, screening to551 words
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Article, Illustration494 2010-12-10 31 DYLAN TAN - By DYLAN TAN EVEN before production has rolled on the English language remake of Tomas Alfredson’s cult Swedish horror movie Let The Right One In, the latter was publicly lashing out at Hollywood for its soul-less and unnecessary rehashing of foreign films. Alfredson’s not entirely494 words
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Article, Illustration550 2010-12-10 31 DYLAN TAN - Feted director Chung Mong-hong’s The Fourth Portrait is a masterclass of the long, lingering shot, says DYLAN TAN DYLAN TAN THE Fourth Portrait’s plot about an abandoned child is as heartbreaking as it gets but its Golden Horse award-winning director Chung Mong-hong is careful to avoid taking theAFP - 550 words
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Article, Illustration494 2010-12-10 31 DYLAN TAN - DYLAN TAN TAIWANESE films mounted a strong comeback at the 47th Golden Horse Awards awards held about three weeks ago, with Hong Kong and Hong Kong-China co-productions largely snubbed in the major categories. The timing couldn’t be better considering that the Taiwanese film industry badly needs494 words
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Article, Illustration1688 2010-12-10 32 MELISSA LWEE - FAS HION GOES GREEN More companies are cottoning on to the dollars and sense of producing sustainable fashion items, reports MELISSA LWEE MELISSA LWEE THE West may have traditionally been perceived as the leaders in the eco movement while Singapore lags apathetically behind, but things look set to change, atPHOTOS: ETRICAN, TERRA PLANA, CYL DESIGNS - 1,688 words
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Article, Illustration423 2010-12-10 7 For nearly a century, Milus has celebrated the artistry of the moment and the beauty of the Swiss watchmaking craft by seamlessly combining unique design with the most precious metal, mechanical finesse, graceful movement and exclusivity. This season of celebration, we invite you to indulge423 words
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Advertisement150 2010-12-10 29 CELEBRATE CHRISTMAS WITH VINTEC ENJOY 1 OFF 15% All Models <-o o v-v e e r I 'VV v T***** 9 •> r t i KN i i v 1 I am totally delighted with my Vintec wine cabinet; it combines elegance and functionality of the highest order, yy JAMES150 words
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Advertisement48 2010-12-10 30 Luxe Christmas 2010 Donald Trump Jamie Oliver Valentino Rene Redzepi Botero Zeng Fanzhi Jimmy Choo Dolce Gabbana Join these international personalities and more as they share their thoughts about being Home For The Holidays in BT’s annual festive publication, Luxe Christmas. Only with your copy of BT today48 words
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Advertisement32 2010-12-10 31 Available now under $5,000 Receive Premium Accessories worth $500 (Limited to I st 5 customers only) *Picture for illustration purpose only. BOOK NOW! Leisuretron Entertainment Services Pte Ltd Call: 6270 8380/9090 223832 words
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Page 31 Miscellaneous
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Miscellaneous335 2010-12-10 31 CRYPTIC CROSSWORD Across 1 Brave worker puts bitterness to one side (7) 5 Couple of pints initially consumed by roofer, habitual drinker (7) 9 This the camel found unbearable (4,5) 10 Circus worker not about to move energetically (5) 11 Area about to be bordered by a jail (7) 12335 words
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Page 32 Advertisements
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Advertisement10 2010-12-10 32 BOOKS The face of Facebook mastermind Mark Zuckerberg PAGE 2910 words
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Advertisement44 2010-12-10 1 Luxe Christmas HOME FOR THE HOLIDAYS Donald Trump. Jamie Oliver. Valentino. Prabal Gurung. Rene Redzepi. Fernando Botero. Zeng Fanzhi. Paloma Picasso. Aubert de Villaine. Franck Muller. Dolce Gabbana. Jimmy Choo. Jean Todt. Jade Jagger. What home means to these globetrotting citizens of the world.44 words
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Advertisement30 2010-12-10 3 TIFFANY&CO. NEW YORK SINCE 1837 SINGAPORE TAKASHIMAYA S.C. 6735 8823 RAFFLES HOTEL ARCADE 6334 0168 CHANGI AIRPORT TERMINAL 2 6543 2443 THE SHOPPES AT MARINA BAY SANDS 6688 7728 TIFFANY.COM30 words
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Advertisement18 2010-12-10 4 lit i'/ 1 i t 'M 1 r i Li 1 1 'M hh ,:'j L X V18 words
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Advertisement31 2010-12-10 5 Mystery Set rubies and diamonds ring, DIF pear-shaped diamond 5.03 carats Unit 02-07/08, Takashimaya Shopping Centre, Ngee Ann City Unit B2-210, The Shoppes at Marina Bay Sands www.vancleef-arpels.com TEL: 1800 307731 words
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Advertisement91 2010-12-10 6 Donald Trump 10 COMING UP TRUMPS Fernando Botero 24 LIFE IN FULL VOLUME Jamie Oliver 14 KITCHEN GOD Zeng Fanzhi 26 HOME IS WHERE MY ART IS Dolce Gabbana 46 HIGH ON DRAMA PROFILES Valentino 16 LA DOLCE VITA Prabal Gurung 18 GLOBAL CITIZEN Aubert de Villaine 34 FOR THE91 words
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THE BUSINESS TIMES Luxe Christmas 2010
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Article, Illustration486 2010-12-10 8 JAIME EE - JAIME EE Editor, Luxe Christmas IT’S a story that’s common around Christmas or other major festive season: tales of chaos and frustration as hordes of people around the world both rich and poor, brave overcrowded planes, trains, buses or the occasional grumpy donkey just to get home to486 words
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Article, Illustration2198 2010-12-10 10 Andrew Marks - The Donald’s brazen success, sharp-elbowed demeanour and megalomaniac lifestyle are a reflection of the metropolis he loves and the centre of his world, New York City. Text: Andrew Marks EVER since he was a kid, Donald Trump wanted to own New York. Or make that the ManhattanBLOOMBERG PHOTO:; PHOTOS: - 2,198 words
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Article, Illustration1536 2010-12-10 14 Audrey Phoon - Essex boy turned superhuman reformer Jamie Oliver has built an extensive business and an outstanding brand, coming a long way from his bare-bones beginnings as The Naked Chef Text: Audrey Phoon IT’S been a long time since anyone thought of Jamie Oliver with his pants down. Not becausePHOTO: BLOOMBERG - 1,536 words
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Article, Illustration1759 2010-12-10 16 Melissa Lwee,Jaime Ee - From French chateau to Swiss chalet, Roman palazzo to superluxury yacht, the lifestyle of the much-adored Valentino is as exquisite as his couture Text: Melissa Lwee,Jaime Ee W HEN it comes to living La Dolce Vita, it’s pretty clear that fashion icon Valentino Garavani or make thatPHOTOS: VALENTINO GARAVANI - 1,759 words
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Article, Illustration1006 2010-12-10 18 Melissa Lwee - Fashion’s rising star Prabal Gurung finds the best of both worlds in his two homes, Nepal and New York Text: Melissa Lwee IN Prabal Gurung’s Lower East Side apartment in New York where the “It” designer dreams up the kind of elegant, timeless chic enamoured by tastemakers fromPHOTOS: PRABAL GURUNG; PHOTO: - 1,006 words
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Article, Illustration1530 2010-12-10 20 Jaime Ee - Forget foie gras. Culinary rock star Rene Redzepi only serves what he and his foragers hunt and pluck out of the Nordic region. No compromises. Text: Jaime Ee Ylitothenumbstarheaven.restaurantrec OU take a leaf. Add some roots. Throw in a good handful of Nordic sensibility. Infuse withPHOTO: FRANNE VOIGT; PHOTO: DITTE ISAGER; PHOTO: CULINAIRE SAISONNIER; PHOTO MADS DAMGAARD; PHOTO: DITTE ISAGER - 1,530 words
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Article, Illustration1584 2010-12-10 24 CLARISSA TAN - Happiness is finding yourself, says revered Colombian artist Fernando Botero, whose paintings of full-figured people depict his ample love for life Text: CLARISSA TAN IT’S hard to call the people in Fernando Botero’s paintings anything but fat. In a nod to political correctness, you may preferPHOTO:; PHOTO: BLOOMBERG - 1,584 words
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Article, Illustration1594 2010-12-10 26 WOON TAI HO; JAIME EE - An unrelenting creativity springs from growing up in poverty and social discomfort, the man behind the Mask reveals Text: WOON TAI HO JAIME EE IFE imitates art. Or is it the other way around? Zeng Fanzhi might have an answer to that. As onePHOTOS: ZENG; MASK SERIES NO.6,1996, OIL ON CANVAS; HOSPITAL, 1994, OIL ON CANVAS ANDY WARHOL, 2006, OIL ON CANVAS - 1,594 words
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Article, Illustration1244 2010-12-10 30 Cheah Ui-Hoon - A Luxe look at how four jewellers have raised the bar, melding intricate beauty with stunning workmanship Paloma Picasso draws from aesthetics around her to form her distinctive, artisanal collections Text: Cheah Ui-Hoon S HE may not have her father’s eye when it comes to art, butPOMELLATO ANELLO ORECCHINIOPALE Dl FUOCO. PHOTO: POMELLATO. PALOMA'S MARRAKESH RING AND BANGLE. PHOTO: TIFFANY & CO.; PHOTOS: TIFFANY & CO - 1,244 words
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Article, Illustration973 2010-12-10 31 Cheah Ui-Hoon - Local jewellers are upping the ante with exclusive gemstones and designs Text: Cheah Ui-Hoon A DIAMOND is forever, so goes the 1948 advertising slogan for the De Beers Group, which so popularised diamonds in the latter half of the 20th century that many types of “branded”PHOTOS: LEE HWA, ON CHEONG - 973 words
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Article, Illustration140 2010-12-10 32 Cheah Ui-Hoon - Pomellato takes an unconventional approach in its latest collection Text: Cheah Ui-Hoon ONE has always associated Pomellato with luscious, pop-in-your mouth cabuchon gemstones and simply elegant gold settings, but the Italian marque continues to throw up surprises. Just as you thought yellow is the new gold, PomellatoPHOTO: POMELLATO - 140 words
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Article, Illustration1564 2010-12-10 34 Clarissa Tan - Aubert de Villaine makes the most sought-after red wine in the world the exquisite Romanée-Conti. All he does is allow the soil of Burgundy to do its job, he Text: Clarissa Tan THE 19th century writer Stendhal once described the village of Vosne-Romanée inPHOTOS: DOMAINE DE LA ROMANÉE-CONTI - 1,564 words
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Article, Illustration1074 2010-12-10 36 Audrey Phoon - Three of Singapore’s top chefs mark the Advent season with their radical interpretations of Christmas Text: Audrey Phoon Andre Chiang ANDRE Chiang is a chef who does not subscribe to the well-beaten path not when it comes to his aesthetics (his newly opened Restaurant Andre features bag standsPHOTO: JOHN HENG; PHOTO: YEN MENG JIIN; PHOTO: YEN MENG JIIN.INGREDIENTS SPONSORED BY EURACO - 1,074 words
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Article, Illustration615 2010-12-10 42 Audrey Phoon - A GIFT GUIDE TO A LIST OF PRECIOUS THINGS FROM AROUND THE GLOBE Text: Audrey Phoon England Leather-bound first edition of The Personal History of David Copperfield This first edition of The Personal History of David Copperfield by English author Charles Dickens harks back to the times when615 words
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Article, Illustration837 2010-12-10 44 Dylan Tan - Legendary complications watchmaker Franck Muller has mastered the art of balancing time; mixing his busy travel schedule with those close to him Text: Dylan Tan IT’S 11.30 on a Thursday morning but Franck Muller is ordering a whiskey from the bar. The Swiss watchmaker, whose name isPHOTO: YEN MENG JIIN; MENG YEN PHOTO: - 837 words
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Article, Illustration1035 2010-12-10 47 Jaime Ee - Dolce Gabbana’s Italian holiday homes express the rich aesthetic vision of the dynamic duo FIVE JETSETTING MEGAWATT PERSONALITIES, ALL BRAND NAMES IN THEIR OWN RIGHT, GIVE US A PEEK INTO THEIR HOMES AND PERSONAL DESIGN ETHOS. Text: Jaime Ee LOOK at the clothes chic, oozing sex appealPHOTO: SEULUET-DELMA5; PHOTOS: DIDIER DELMA; PHOTO: STEFANO GUINDANI; PHOTO: SEOUL; PHOTO: DIDIER DELMA - 1,035 words
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Article, Illustration614 2010-12-10 48 Geoffrey Eu - Motorsports supremo Jean Todt switches gears at his newly built, SCDA-designed holiday home in Bali Text: Geoffrey Eu JEAN Todt has a love of motorsports and an eye for the more beautiful things in life including his new holiday home in Bali, where he and longtime partner614 words
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Article, Illustration845 2010-12-10 49 Melissa Lwee - Uncluttered lines and simple aesthetics adorn Jimmy Choo’s KL apartment Text: Melissa Lwee IT is 9.30 on a Sunday morning in Cameron Highlands, there is a chill in the air. But as one would expect from someone who has lived in England for more than 20 years,CHOO JIMMY PHOTOS: - 845 words
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Article, Illustration716 2010-12-10 50 Daven Wu - Jade Jagger creates lush homes with jolts of glamour and colour, mined from her Bohemian lifestyle and nomadic childhood Text: Daven Wu IN a world strewn with single monikers, the name Jagger needs little introduction, but in her own inimitable way, Jade Jagger has carved out a nichePHOTOS: JEAN-BERNARD YAGUIYAN - 716 words
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Advertisement29 2010-12-10 8 FOOD AVANT CALENDAR 36 Three chefs put Christmas on a plate OBJETS D’ART ART AND CRAFT 29 Jewellers raise the WORLD CLASS 42 Precious things from around the globe29 words
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Advertisement84 2010-12-10 39 *Perfectly unfinished Fly Singapore Airlines to Barcelona and step into an enchanting wonderland of art, architecture and fairy-tale excitement. Stroll through the charming gothic quarter and soak in centuries of culture. Savour deliciously inventive fusion cuisine and experience pulsating nightlife in an unforgettable Mediterranean setting. En route, enjoy KrisWorld, your84 words
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