The Business Times, 13 December 2010

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Microfilm: NL30983
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Monday, December 13,2010
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  • Article
    Lock icon MAS discourages banks from offering ‘hold-mail’ service
    889 1  -  Such services are a recognised area of risk, it says By SIOW LI SEN [SINGAPORE] A key private banking service called hold mail could be under threat, with Singapore’s regulator discouraging its use. The Monetary Authority of Singapore (MAS) last month sent a
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  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 3,185.42 +12.98 KL COMP 1,507.28 +6.30 NIKKEI 225 10,211.95 +33.63 HANG SENG 23,162.91 -157.61 SET INDEX 1,035.85 +1.79 JAKARTA COMP 3,747.71 +51.45
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  • Article, Illustration
    Lock icon High-specs industrial, office rental gap grows
    746 1  -  But consultants say the difference not big enough for firms to move out of the CBD By EMILYN YAP [SINGAPORE] The rental gap between office and high-specs industrial space has widened, with the commercial property sector picking up at a faster pace last year.
    Source: Colliers International  -  746 words
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      72 1 DINING OUT Off to a good start PAGE 21 WALL STREET INSIGHT Market likely to see Santa Claus rally PAGE 2 MALAYSIA INSIGHT A tall order to reinforce talent pool PAGE 12 HOCK LOCK SIEW SGX, like ASX, should make sellers beware PAGE 5 BizIT For AMD 2012 is the
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      2 1 *****1 *****4
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      114 1 THE DRIVER'S WATCH No other watch is engineered quite like a Rolex. The Cosmograph Daytona, introduced in 1963, was designed to meet the demands of professional race-car drivers and quickly earned its iconic status. With its patented chronograph mechanism and bezel with tachometric scale, it allows drivers to perfectly measure
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      529 2 CBD-suburb office rental gap grows THE rental gap between office and high-specs industrial space has widened, with the commercial property sector picking up at a faster pace last year. But consultants say that the difference has not become large enough to drive companies out of the central business
      529 words
    • Article, Illustration
      Lock icon A happy 2011 is on stock analysts’ cards
      882 2  -  But market needs a drama-free week from China, Europe to build on gains WALL STREET INSIGHT By ANDREW MARKS AS THE stock market put the finishing touches on another up-week one that not only recovered the early November highs briefly lost to
      AFP  -  882 words
    • Article, Illustration
      Lock icon Leaks may leave a deeper mark on global stability
      859 2  -  Govts can at best enhance cyber-security and confidentiality of information COMMENTARY MALMINDERJIT SINGH Correspondent [SINGAPORE] INFORMATION is a useful tool that allows those who are privy to it to make calculated and educated decisions. Arguably, that is the most useful role
      859 words
    • Article
      Lock icon Respect diplomatic confidentiality
      362 2 Communication must not be taken out of context: George Yeo [SINGAPORE] Singapore Foreign Affairs Minister George Yeo said yesterday that the confidentiality of diplomatic communication must be respected, and that any communication must not be taken out of context. He was speaking to reporters on the latest
      362 words
    • Article
      Lock icon S’pore investors unload US$2.5b of US stocks
      669 4  -  Q3 profit-taking as market nears 2-year highs; US selling on SGX hits US$1.4b By CHUANG PECK MING [SINGAPORE] After toppling the Japanese as the top Asian investors on Wall Street last year, Singa-pore-based punters extended their purchase of corporate stocks in 2010 until
      669 words
    • Article, Illustration
      Lock icon HK likely to be hottest IPO market in 2010
      717 4 Its US$51 b in funds raised overshadows New York’s US$31b: Dealogic AFP [HONG KONG] Hong Kong is set to claim top spot as the world’s hottest IPO market this year, raising over US$51 billion, but observers say the city’s bourse must
      AFP  -  717 words
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      366 2 IDT HOLDINGS (SINGAPORE) LIMITED (Incorporated in Singapore) Company Registration No. *****0219E NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of IDT Holdings (Singapore) Limited (the “Company”) will be held at Meeting Room 310, Level 3, Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard,
      366 words
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      105 2 LUXURY TOURS TRAVEL PTE LTD The Leading Operator i'A Established 1985 > > Y^M "Fullfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These include transportation, meals, sightseeing tours tourist guides. Our services at
      105 words
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      1165 3 The Learning Lab Branding and Profiling Series Star Schoolboy’s Secrets of Success THE grueling PSLE is arguably one of Singapore’s most important competitions. This year’s highly anticipated results are in, and the PSLE board has crowned Alex Tan the top scorer. The modest but steely young man is clearly determined
      1,165 words
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      191 4 SMILE inc.® THE TRADEMARK OF BEAUTIFUL SMILES. AND NOW, SINGAPORE'S FIRST DENTAL ESTABLISHMENT SMILE inc. DENTAL SURGEONS TO WIN THIS AWARD. U, WINNER SINGAPORE PRESTIGE BRAND AWARDS 2010 (ESTABLISHED BRANDS) AN ASME-LIANHE ZAOBAO AWARD Singapore Prestige Brand Award 10 Winner, SPBA Established Brands At SMILE inc. DENTAL SURGEONS, we have
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Bintan next in Leeden’s regional expansion plans
      655 5  -  Ambitious plans are hedge against saturated market in Singapore By JOYCE HOOI BINTAN might be a golf destination for most craggy industrialists, but it will be all business for Leeden Limited on that island. The welding, gas and safety equipment supplier has set
      FILE PHOTO  -  655 words
    • Article, Illustration
      Lock icon V-room for productivity growth
      621 5  -  OCBC division plugs into F1 concept to enhance teamwork By LEE U-WEN SINGAPORE typically experiences Formula One fever just once a year in September, but it’s an all-year-round experience for employees of OCBC Bank’s payment and e-banking operations office in Tampines. Plastered on the walls of
      621 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      564 5 Payment Ex Books Pay Ann (cts) date close date date AIMS AMP Cap I Reit ag 0.397 04-Nov 09-Nov 17-Dec 01-Nov Allied Tech aw 0.200 03-Dec 07-Dec 22-Dec 11-Nov Asia Pac Brew ak 52.000 27-Jan 31-Jan 18-Feb 12-Nov Beyonics an 0.500 01-Dec 03-Dec 17-Dec 19-Nov Boustead Spore aw
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    • Article
      Lock icon SGX, like ASX, should make sellers beware
      654 5  -  HOCK LOCK SIEW By R SIVANITHY RECENT developments in the capital market Down Under have enjoyed enhanced play in this column, particularly with regard to regulation of the stock market and possibly new listing rules for the Australian Stock Exchange (ASX) (“How will
      654 words
    • Article, Illustration
      Lock icon Popular reports 87% jump in Q2 profit to $2.6m
      410 7  -  Turnover rises 11%; group declares interim dividend of 0.4 cents a share By UMA SHANKARI POPULAR Holdings’ net profit in the second quarter climbed 87 per cent to $2.6 million from $1.4 million a year ago, the company said late on
      FILE PHOTO  -  410 words
    • Article
      Lock icon COMPANY MEETINGS
      202 7 COMPANY MEETING PLACE DATE TIME Beng Kuang E 55 Shipyard Road Singapore *****1 14-Dec 11.00am RH Petrogas E 20 Harbour Drive PSA Vista #06-03 Singapore *****2 14-Dec 10.00am Tee Intl E Block 2024, Bukit Batok Street 23 #02-66, Singapore *****9 16-Dec 3.30pm Ezra Hldgs A Klapsons The Boutique
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    • Article
      Lock icon PRIME LENDING RATES
      403 7 Dec 10 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
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    • Article
      Lock icon Cosco unit delivers 80,000 dwt bulk carrier
      131 7 COSCO (Dalian) Shipyard Co Ltd, a subsidiary of Cosco Shipyard Group Co, has delivered an 80,000-dead-weight tonne (dwt) bulk carrier, Cosco Corporation (Singapore) Ltd announced in a Singapore Exchange filing. The bulk carrier, which measures 229.04 metres in length, 32.27m in breadth and
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      67 5 The art of accurate advice. At LGT, your personal private banker provides you with a state of the art investment platform and unbiased recommendations: Simple. Understandable. Effective. LGT Your Private Bank in Asia for 25 years. Singapore Phone +65 6415 3800, info@lgt.com Hong Kong Phone +852 2523 6180, info@lgt.com At
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US reports, Fed meet point to volatile week
      622 6  -  STOCKS R SIVANITHY Senior Correspondent LAST week’s forecast was for quiet, non-volatile trading because there were no major, price-sen-sitive US economic reports that were scheduled for release. As it turned out, that was exactly how trading went between Monday to Thursday Wall
      622 words
    • Article
      Lock icon Gold, copper prices hit record highs
      594 6 COMMODITIES AFP [LONDON] Gold and copper prices struck record highs last week, oil benefited from a weaker US dollar and strong Chinese imports, while cocoa futures won support from violence gripping Ivory Coast. Precious metals: Gold prices struck a record high US$1,431.25 an ounce
      AFP  -  594 words
    • Article
      Lock icon Greenback rises against most major counterparts
      483 6 CURRENCIES Bloomberg [NEW YORK] The US dollar rose the most since September against the euro after an agreement to extend and expand tax cuts fuelled speculation that the US economy will accelerate, driving stocks and Treasury yields higher and boosting demand for greenback-denominated assets.
      Bloomberg  -  483 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1474 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.58 2.80 12 10.81 10.92 1.39 1.18 ARA Asset Mgt 2.25 1.75 4 8.23 17.87 1.69 1.47 Armstrong Industrial 1.00 1.00 3 4.90 8.88 0.53
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 Dec 10 VALUE CLOSE BT OB/OS 76.00 -8.00 BT CADI -*****.00-103.00 BT 10-day MA -*****.00 +7.00 FTSE ST Mid Cap 795.93 -5.89 FTSE ST Small Cap 583.86 -0.78 FTSE ST All Share 788.64 -5.77 FTSE ST China Top 294.00 -1.63 FTSE ST China 329.39 -2.21 FTSE ST
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      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Genting SP 503,333,000 Golden Agri 333,562,000 Bio-Treat 141,838,000 Gallant 140,225,000 ChinaAniH 135,744,000 China Sky 128,222,000 *Genting HK US$ 126,149,000 Centillion 120,289,000 Noble Grp 115,406,000 Transcu Grp 111,192,000 VALUE($) Genting SP 1,083,744,950 SingTel 338,488,978 Golden Agri 256,473,690 Noble Grp 245,809,146 UOB 226,349,867 DBS Grp 194,707,234 CapitaLand 173,978,135
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    • Article
      Lock icon RISES
      114 6 BY CENTS CLOSE UP DBXT DBLCI-OY 5US$ 4128 464.4 9.4 IS S&P500 ***** 392.5 2.5 DBXT iBoxxKR 5US$ ***** 391.2 2.5 DBXT MSKorea 10US$ 5615 160.9 2.2 DBXT SPASX200 10US$ 3365 160.9 3.8 DBXT MSAsExJp 10US$ 3298 147.8 3.5 DBXT MSUSA 10US$ 2934 134.7 3.6 DBXT MSJAP 10US$ 3941
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    • Article
      Lock icon FALLS
      123 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-342.7 -2.0 OCBC Bk 5.1%NCPS 100 *****-240.0 -2.2 DBXT iBoxxSing 5SG$ *****-173.0 -1.4 OCBC Bk 4.5%NCPS 100 *****-170.0 -1.6 DBXT FTChina25 10US$ 3164-120.4 -2.8 DBXT S&P Short 10US$ 4595 -98.1 -1.6 Lyxor China H 10US$ 1617 -82.4 -3.8 DBXT MSINDIA 10US$ 1061
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
    • Article, Illustration
      Lock icon Director buying flat for second week, but selling surges
      1314 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE buying was flat for the second straight week while the selling among directors surged, based on filings on the Singapore Exchange from Dec 6-10. A total of
      1,314 words
    • Article, Illustration
      Lock icon Portfolios mixed on China tightening
      1471 8  -  TEH HOOI LING Senior Correspondent THE performance of our portfolios was mixed last week as investors were worried about the Chinese decision to tighten lending by banks and a possible interest rate hike in China. The portfolio made up of analysts’ top recommended stocks was
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      19 7 Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      475 7 Benefit from Asia's Property Boom A new Lyxor ETF helps you buy into the property growth story across Asia. Use one easy-to-access and liquid investment tool to take a position in the most vibrant real-estate markets around the region. Lyxor ETF MSCI AC Asia ex Japan Real Estate (MT7) Trading
      475 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Tiffany fund drive for kids
      195 9 TIFFANY Co, the American jeweller, is celebrating Christmas this year by launching its “Blue Bird Fairy Tale” campaign to raise funds for the less privileged children under the umbrella of the Straits Times Pocket Money Fund. It is targeting to raise up to $60,000 in
      195 words
    • Article
      Lock icon Providing quality education beyond the bottom line
      480 9  -  By CHAN SWEE KHUAN ALTHOUGH private education institutions (PEIs) are run like a business with a bottom line, they can also offer their students an education experience that can match what publicly funded institutions provide. In fact, a quality education is what the
      480 words
    • Article
      Lock icon JTC to study impact of seepage in Jurong cavern
      546 9  -  It calls tender for study on interaction between water seepage and oil By RONNIE LIM A YEAR into construction of the $940 million phase one of the Jurong Rock Cavern (JRC), JTC Corporation is carrying out studies on the effect of
      546 words
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      167 9 Questions make us both better. U .1 iShares Keep evolving Our dedicated team of ETF professionals in Asia are waiting to help you understand how easily iShares ETFs can fit within your portfolio. We keep evolving so that you keep evolving too. iShares.com.sg BLACKROCK Issued by BlackRock (Singapore) Limited (co.
      167 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Being an effective communicator
      939 10  -  If half of the problem is approach, here are some solutions offered by NANCY FORTNER to improve communication capabilities by NANCY FORTNER The writer is the managing director of Fortner Consulting, and spoke on the topic of communication at SIM Professional Development’s Women Leadership Forum 2010
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      Lock icon ‘Glass houses’ for the needy
      867 10  -  Students help build homes using used Brand’s bottles in Thailand, report JACKSON LEE and CHARMIAN TAN CAMPUS LIFE JACKSON LEE ,CHARMIAN TAN The writers are second-year business (marketing) and third-year accountancy and business (banking and finance) students at Nanyang Business School, Nanyang Technological University ‘WE
      867 words
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      271 10 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors’ Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      271 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Australia bank reforms to boost competition
      774 11 Plans to foster credit unions, ban fees on home owners who switch lenders Bloomberg [SYDNEY] Australia plans to bolster credit unions and ban fees home owners face in switching mortgage providers, as the government responds to public pressure to reduce the dominance of the
      Bloomberg; REUTERS  -  774 words
    • Article
      Lock icon EU governments, not ECB, ‘should solve debt crisis’
      440 11 ECB’s mandate is to keep price stability: top policymaker EUROZONE CRISIS Reuters [FRANKFURT] Governments, not the European Central Bank (ECB), have to solve the sovereign debt crisis, Juergen Stark, one of the bank’s top policymakers, was quoted as saying on Saturday. ECB
      Reuters  -  440 words
    • Article
      Lock icon EU leaders to clear way for stability mechanism
      254 11 Reuters [BRUSSELS] European Union (EU) leaders will agree next week to insert two sentences into the EU treaty to pave the way for the creation of the European Stability Mechanism (ESM) from 2013, draft conclusions of the summit showed. The ESM is
      Reuters  -  254 words
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      131 11 MALAYSIA'S BEST INDEPENDENT HOTEL Q TOWER HOTEL ASIA'S FIRST ALL CLUB ROOMS HOTEL, DESIGNED TRAVEL w r Y m iy ir > 1 mWrmi fulfil F I We believe in personalised service experience... We believe that being Green makes for good business, yours and ours... We believe that every business
      131 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon A tall order to reinforce talent pool
      686 12  -  Government agencies lacking in coordination MALAYSIA INSIGHT PAULINE NG KL Correspondent LAUNCHED last week, Malaysia’s Talent Corporation has been tasked with reinforcing the talent pool in key sectors so that the country can achieve its target of high income status by 2020. It
      686 words
    • Article
      Lock icon Malaysia’s foreign investment soars
      288 12 141% jump in first 9 months attributed to economic reforms AFP [KUALA LUMPUR] Malaysia’s foreign direct investment has jumped 141 per cent in the first nine months, in a rebound analysts said was partly due a series of bold economic reforms introduced by the government. The
      AFP  -  288 words
    • Article
      Lock icon Wiki Leaks sheds light on S’pore view of Anwar
      182 12 Bernama [KUALA LUMPUR] Singapore’s intelligence services as well as its Minister Mentor Lee Kuan Yew believe that opposition leader Anwar Ibrahim “did indeed commit the acts for which he is currently indicted”. This was revealed by WikiLeaks through a release of
      Bernama  -  182 words
    • Article
      Lock icon Officials urge Indonesians to seek rice alternatives
      593 12 AFP [CIGUGUR, Indonesia] Indonesia is one of the world’s biggest producers and consumers of rice, but in the interests of public health and food sustainability the government has launched an ambitious drive to wean people off their beloved staple. For ordinary Indonesians such
      AFP  -  593 words
    • Article
      Lock icon BURSA MALAYSIA
      1972 12 VOL Dec 10 RM +/-(‘000) A M Realty 0.51 -0.03 35 Abric Bhd 0.43 0.01 786 Advance Synerg 0.18 -0.01 666 Adventa Bhd 2.05 unch 190 Ae Multi Hldgs 0.30 -0.01 180 Affin Holdings 3.21 0.02 313 Ahmad Zaki Res 1.11 -0.02 319 Aic Corp 1.13 -0.02 29
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India’s microlenders face crisis, warns industry
      615 13 Bill sets rules aimed at cracking down on aggressive lending, recovery practices AFP [NEW DELHI] India’s troubled microfinance industry could be thrown into crisis by a bill that seeks to regulate lending to the poor more tightly, a lobby representing the sector has warned.
      AFP  -  615 words
    • Article
      Lock icon Telecom scam: Regulator urges cancellation of licences
      320 13 AFP [NEW DELHI] India’s telecom watchdog has called for the licences of operators caught up in what could be the country’s largest corruption scandal to be cancelled, a statement said. The proposal to cancel 38 permits came as the government reeled under fierce
      AFP  -  320 words
    • Article, Illustration
      Lock icon Sinopec buys Occidental’s Argentine assets
      604 13 Deal follows CNOOC firm’s purchase of BP’s stake in PAE Reuters [HONG KONG] China Petrochemical Corp, parent of Sinopec Corp, has agreed to buy Occidental Petroleum’s Argentine assets for US$2.5 billion, the second major Chinese purchase of energy resources in the South American country in
      Reuters; XINHUA  -  604 words
    • Article
      Lock icon Chinese firms gaining economic autonomy in Africa: analysts
      648 13 Beijing playing enabling, rather than controlling role AFP [JOHANNESBURG] Chinese businesses are enjoying increased autonomy and economic freedom to invest in Africa, analysts say, challenging diplomatic perceptions that Beijing is playing puppet master on the continent. With China’s role in Africa the
      AFP  -  648 words
    • Article
      Lock icon Rio found cash in jailed employees’ homes: WikiLeaks
      269 13 AFP [SYDNEY] Mining company Rio Tinto informed Chinese authorities that it had found unexplained amounts of cash in the homes of jailed employees, according to a US diplomatic cable published on Saturday. The cable, one of thousands to be dumped on whistleblowing
      AFP  -  269 words
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  • WORLD
    • Article, Illustration
      Lock icon China vows to tackle inflation, speed up shift in growth model
      526 14 Hu, Wen attend annual meeting to set economic policy guidelines Bloomberg [SHANGHAI] China’s leaders pledged to accelerate a shift in the nation’s growth model in 2011 and also focus on stabilising prices after an annual meeting in Beijing to
      Bloomberg; AFP  -  526 words
    • Article, Illustration
      Lock icon Climate talks fall short of treaty goal
      619 14 Reuters [CANCUN, Mexico] The two-week 190-nation climate conference in Cancun, a Caribbean resort, agreed last Saturday to step up action against climate change, including a goal of US$100 billion a year to help the poor from 2020 and action to protect car-bon-absorbing rainforests.
      Reuters; REUTERS  -  619 words
    • Article
      Lock icon Car attackers made contact with Camilla: British minister
      340 14 AFP [LONDON] Britain’s Home Secretary Theresa May confirmed yesterday that rioters who surrounded Prince Charles’ car during violent student protests made physical contact with his wife Camilla. A mob of demonstrators who joined in last Thursday’s protest against the hike in English
      AFP  -  340 words
    • Article
      Lock icon Tevez in standoff with Man City over contract
      491 14 He wants a transfer, after recent requests for better contract AP [LONDON] With Carlos Tevez asking for a new contract and now a transfer, Manchester City is finding that becoming the richest club in English football brings problems as well as perks.
      AP  -  491 words
    • Article
      Lock icon Saudi Arabia still in favour of US$70-80 oil price range
      374 14 Reuters [QUITO] Leading Opec producer Saudi Arabia said it still favoured a US$70-80 price range for oil, a restatement of a two-year-old policy that will be welcomed by consumer nations worried that rising oil prices may get out of control
      Reuters  -  374 words
    • Article
      Lock icon Stanchart projects Dubai’s 2011 growth at 1.5-2%
      300 14 Services, trade and tourism industries are main drivers Bloomberg [DUBAI] Dubai’s economy may grow between 1.5 per cent and 2 per cent in 2011, mainly driven by expansion in the services, trade and tourism industries, Shady Shaher, a Standard Chartered plc economist, said
      Bloomberg  -  300 words
    • Article, Illustration
      Lock icon Currency tensions reveal global fissures
      602 15 Differences widen between developed and fast-growing emerging champions AFP [WASHINGTON] Currency wars, exchange-rate tensions between the United States and China and uncertainty over the euro’s future highlight a widening gap between the struggling developed economies and fast-growing emerging champions. “We’re in the midst of an
      AFP; REUTERS  -  602 words
    • Article
      Lock icon QE2 risks fragmenting global markets: Stiglitz
      501 15 Bloomberg [NEW YORK] The US Federal Reserve’s plan to boost purchases of bonds poses “considerable” risks by increasing capital inflows to emerging markets, Nobel Prize-winning economist Joseph Stiglitz said. “All this liquidity that they’re creating is not going back to grow the American economy
      Bloomberg  -  501 words
    • Article, Illustration
      Lock icon A single reserve currency source of vulnerability: France
      650 15 Bloomberg [PARIS] French Finance Minister Christine Lagarde said that a world with a single reserve currency is vulnerable to economic crises, underlining the need for more global policy coordination in the face of trade imbalances. “The fact that there is only one
      Bloomberg; AP  -  650 words
    • Article, Illustration
      Lock icon Italian premier in for do-or-die confidence vote tomorrow
      609 15 AFP [ROME] Prime Minister Silvio Berlusconi faces a knife-edge confidence vote in Parliament tomorrow that could either trigger his downfall or see the resilient Italian leader bounce back once again. Mr Berlusconi says he is confident of winning a majority of votes
      AFP; AP  -  609 words
    • Article
      Lock icon BOJ may look into further monetary easing
      350 15 Reuters [TOKYO] Bank of Japan governor Masaaki Shirakawa said the central bank may look into further monetary easing by expanding its new asset-buying fund if the economy deviated sharply from its forecast For now, the Japanese economy was moving in line with the
      Reuters  -  350 words
    • Article
      Lock icon US market may head higher in Obama’s 3rd yr
      622 16 That’s going by the historical pattern in the years 1946-2009 NYT [NEW YORK] The American economy, and the American stock market, tend to do much better when a president’s term is nearing an end than they do when the term is
      NYT  -  622 words
    • Article
      Lock icon Boston players hog limelight in hedge fund insider probe
      869 16 Arrests expected soon in scrutiny of improper trading in mainly tech stocks Reuters [BOSTON] Think of hedge fund hubs in the United States and the names that tend to come to mind are New York and Greenwich, Connecticut. Yet when it
      Reuters  -  869 words
    • Article
      Lock icon Fixed-income investors turning to junk bonds
      585 16 Bloomberg [NEW YORK] Junk bonds are becoming a haven for fixed-income investors roiled by mounting losses in government, invest-ment-grade corporate and municipal debt. Gains of 0.8 per cent this month on high-yield, high-risk bonds compare with losses of 1.9 per cent for Treasuries, 1.5
      Bloomberg  -  585 words
    • Article, Illustration
      Lock icon ALL DECKED OUT FOR CHRISTMAS
      75 16 [LONDON] Trafalgar Square was awash in a sea of red and white on Saturday as hundreds of people dressed as Santa Claus descended on London, startling commuters and tourists with a tide of seasonal cheer. Organisers of the annual ‘Santacon’ event, which also took place
      AP  -  75 words
    • Article, Illustration
      Lock icon Bolivia bucks trend, cuts retirement age
      628 16 AP [LA PAZ] Bolivia has lowered the country’s retirement age to 58, bucking a global trend in which countries push people to work longer to counteract the burden on national treasuries of rising life expectancy. Critics say the law, which also nationalises the pension
      AP  -  628 words
    • Article, Illustration
      Lock icon Toyota’s worst year, but troubles far from over
      886 17 It faces battle to regain trust, market share, especially in top market China AFP [TOKYO] After a year in which Toyota’s worst crisis saw the recall of millions of vehicles, a wave of lawsuits and a record fine, the troubles of the
      AFP  -  886 words
    • Article
      Lock icon Trans-Afghan gas pipeline plan taking shape
      417 17 NYT [MOSCOW] A plan to build a regional natural gas pipeline across war-ravaged southern Afghanistan, long thought to be impractical given the dismal security there, has moved a step closer to becoming a reality. The leaders of Turkmenistan, Pakistan and Afghanistan and India’s energy
      NYT  -  417 words
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      Lock icon Vatican Bank hit by laundering scandal
      639 17 AP [VATICAN CITY] This is no ordinary bank: The ATMs are in Latin. Priests use a private entrance. A life-size portrait of Pope Benedict XVI hangs on the wall. Nevertheless, the Institute for Religious Works is a bank, and it’s under harsh new scrutiny
      AP  -  639 words
    • Article
      Lock icon WTO accession seen as a boon to Russia’s investment climate
      607 17 But analysts warn that membership has its price AFP [MOSCOW] Will WTO membership be that magic wand that makes all the hardships of investing and doing business in Russia suddenly vanish? Experi-ence-hardened realists here sincerely doubt it. But they see
      AFP  -  607 words
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      26 15 -s- tk Lianhe Zaobao Profits of three types of S-chips impacted by China's measures to rein in inflation To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      110 16 ORIENT EXPRESS LINES (S) PTE LTD NOTICE TO TRADE TRADE SURCHARGE SOC SHIPMENT FROM SINGAPORE/PORT KLANG TO KOLKATA/HALDIA AND VICE VERSA We have to recover the loss in revenue due to the reduction in vessel loadability caused by the sudden reduction in river draft at Kolkata and the additional cost
      110 words
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      82 17 SAMUDERA SHIPPING LINE LTD NOTICE TO TRADE TRADE SURCHARGE SOC SHIPMENT FROM SINGAPORE TO KOLKATA/HALDIA AND VICE VERSA In order to enable us to sustain our service, we regret that we have to implement a Trade Surcharge (TS) of USD155.00 per TEU (Laden) for all SOC Containers from Singapore to
      82 words
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  • DERIVATIVES TRADE
    • Article, Illustration
      Lock icon Big banks and the Secret Nine
      2316 18 An elite group of men share a common goal: to protect the interests of their banks in the market for derivatives NYT [NEW YORK] ON the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.
      NYT; AFP  -  2,316 words
    • Article
      Lock icon US firms against providing funds for derivatives
      418 18 Reuters [WASHINGTON] US companies have told regulators that they should not be forced to set aside funds to help manage their derivatives as doing so would divert vital cash needed to grow their operations. Representatives from firms including Morgan Stanley, and Chesapeake Energy,
      Reuters  -  418 words
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      114 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HOYNE CAPITAL PTE. LTD. (Company Registration No: *****0214G) (Intention To Strike The Company Off The Register) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which has the intention of striking off, are required
      114 words
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      118 18 PACC CONTAINER LINE PTE LTD NOTICE TO TRADE TRADE SURCHARGE SOC SHIPMENT FROM SINGAPORE/PORT KLANG TO KOLKATA/HALDIA AND V.V. The sudden reduction in the draft announced for the river passage at Kolkata has affected our operations and vessels loadability. In order to recover the losses sustained therefrom, we will implement
      118 words
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  • AVIATION
    • Article, Illustration
      Lock icon Airbus sales chief under insider trading probe
      613 19 French judges look into 2006 trades when EADS was hit by output delays Reuters [PARIS] Airbus sales chief John Leahy has been placed under formal investigation in France on suspicion of insider trading, two judicial sources said last Friday. Mr Leahy, who has
      Reuters; AFP FILE PHOTO  -  613 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3223 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ456 1245 EY473 1940 VA7473 1940 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 Amsterdam LO4031 0605 LO4032 2350 SQ323 0605 SQ324 2350 US5410 0605 US5411 2350 AZ3992 1615 KL835 1615 Athens
      3,223 words
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      Lock icon Body in US suburb likely that of fallen stowaway
      227 19 NYT [BOSTON] A North Carolina teenager whose body was found in a Boston suburb last month had most likely stowed away inside a plane’s wheel well and fallen as it lowered its landing gear, authorities said. The remains of the youth,
      NYT  -  227 words
    • Article
      Lock icon US regulator loses track of 119,000 aircraft
      726 19 AP [NEW YORK] The Federal Aviation Administration is missing key information on who owns one-third of the 357,000 private and commercial aircraft in the US a gap the agency fears could be exploited by terrorists and drug traffickers. The records are in such
      AP  -  726 words
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      112 19 SEA CONSORTIUM PTE. LTD NOTICE TO TRADE TRADE SURCHARGE SOC SHIPMENT FROM SINGAPORE/PORT KLANG TO KOLKATA/HALDIA AND VICE VERSA SOC SHIPMENT FROM COLOMBO TO KOLKATA/ HALDIA AND VICE VERSA With the sudden imposition of reduction in the river draft at Kolkata, we regret that we have to implement a Trade
      112 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      337 19 CRYPTIC CROSSWORD Across 1 Untrue earth’s damaged in game offering prize? (8,4) 9 Company initially incorporated in a drink staff on board? (5,4) 10 Official companion getting appearance (5) 11 Lexicographer of more unpleasant disposition, we hear(6) 12 Short time weaving near the loom (8) 13 Lieutenant skirts a Roman
      337 words
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  • SHIPPING
    • Article
      Lock icon Jakarta’s oil need to boost vessel demand
      208 20 Bloomberg [HONG KONG] Indonesia’s growing efforts to increase crude oil and natural gas output to meet rising domestic consumption may boost demand for new offshore support vessels next year, according to Norway’s DnB NOR ASA. The nation’s demand for basic equipment such as
      Bloomberg  -  208 words
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      Lock icon US East Coast ports scramble to draw Panama Canal traffic
      707 20 Billions of dollars at stake to be top destination for superships in region NYT [SAVANNAH, Georgia] Port officials here are racing to dig six feet (1.8m) of mud from the bottom of the Savannah River by 2014. In the world
      NYT; BLOOMBERG  -  707 words
    • Article
      Lock icon Syria to spend US$800m to develop ports by 2015
      258 20 Bloomberg [AMMAN] Syria plans to spend US$800 million to develop ports and ships by 2015 as it aims to benefit from the reconstruction process in neighbouring Iraq. The government’s five-year plan will expand the Lattakia container terminal, buy new ships, de-
      Bloomberg  -  258 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 20 SGX '000 Dec 10 S$ +/-Vol CH Offshore 0.47 unch 487 Chuan Hup Hldg 0.23 unch 125 Cosco Corp 2.14 -0.01 6676 CWT Ltd 0.97 -0.01 697 Ezra Hldgs 1.66 -0.01 7892 First Ship Lea 0.44 0.01 127 Freight Links 0.08 unch 740 Grand Banks unch unch 0
      278 words
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      602 20 ADVANCE CONTAINER LINES (PTE) LTD NOTICE TO TRADE TRADE SURCHARGE SOC SHIPMENT FROM SINGAPORE TO KOLKATA/HALDIA AND VICE VERSA The sudden reduction in the draft announced for the river passage at Kolkata has affected our vessel loadability. In order to recover the losses sustained, we will implement a Trade Surcharge
      602 words
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      249 20 NOTICE TO TRADE RATE RESTORATION TAIWAN PHILIPPINES TRADE WITH EFFECT 22 December 2010 In view of escalating operating costs, we wish to inform the trade of a Rate Restoration effective 22 December 2010. The new tariff rates will apply to all SOC shipments to and from Taiwan and Philippines. The
      249 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Smart casual Aussie fare
      890 21  -  NEW RESTAURANT Salt Grill 55th Floor, Ion Orchard Orchard Road Tel: 6592 5118 (reservations are necessary) www.saltgrill.com By Cheah Ui-Hoon PERHAPS it’s the elevation of the restaurant or the panoramic view, but one has come to equate lofty restaurants with equally lofty food of the avant
      890 words
    • Article, Illustration
      Lock icon Off to a good start
      764 21  -  NEW RESTAURANT Tanjong Beach Club 120 Tanjong Beach Walk, Sentosa Tel: 6270-1355 www.tanjongbeachclub.com By Geoffrey Eu WOOD walls, terrazzo floors and pastel shades are much in evidence at the Tanjong Beach Club (TBC), a smart new Sentosa restaurant that combines a sophisticated downtown look with
      764 words
  • Page 21 Advertisements
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      364 21 5 ShuA/ YcvkivUhu/C^i'"3E J mis-rmsi L D.I.Y BBQ I J I e r r r L^dl wmm i Best Greatest Value E -rJM 4 CN V «r m r. F*< t S)\feygbgslP ftvl instant redemption with min.spending of $120 for reservations only please call us for group/ corporate discount! promotion
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9386 22 Week ended: Dec 10 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 18 unch 204 18.5 18 18 18.5 1.7 10.1 5.8 86.2 12 4.5 5834 A-Sonic
      9,386 words
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      Lock icon SGX CATALIST
      1810 23 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 1181 t AA Grp 5 4 5.5 27.8 4.8 225 130 6222 t APStrategic 164 -1 39 165 159 157
      1,810 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 23 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.970 +0.030 CapitaLand 3.670 -0.030 CapitaMall 1.940 CityDev 12.800 -0.160 ComfortDelGro 1.540 DBS Grp 14.020 -0.040 F&N 6.260 -0.040 Genting SP 2.170 -0.030 Golden Agri 0.770 -0.020 HK Land 7.050 -0.090 JMH 44.500
      114 words
    • Article
      Lock icon STOCKS ASIA
      2642 23 Transaction date: Dec 10 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.50 unch 0 Aeon Stores 16.48 -0.02 2 Angang Steel 11.44 0.10 ***** Anhui Conch 32.85 -0.10 5328 Anhuiexpresswa 6.56 0.03 1700 Asia Satellite 12.94 -0.48 51 Asm Pacific 85.00 -1.45 559 Bank Of E Asia 32.75
      2,642 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 8 2 0 0 0 8 8 2 Manufacturing 91 68 62 9 10 17 100 78 79 Commerce 29 31 17 4 4 7 33 35 24 Tpt/Stor/Comms 16 19 10
      186 words
    • Article
      Lock icon SGX ETF
      927 23 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 111 -3 48 112.5 110 110 123 506.7 1056 761 CIMBAsean40 100US$ US1015 +5 169 1015 1004
      927 words
    • Article
      Lock icon GLOBALQUOTE
      258 23 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A46.5 -3.5 13 47.5 46.5 48 51.5 3.6 7.5 3.7 121.1 55 16 6017 Genting HK US$ US45 +2 *****9 46
      258 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 199,647 199,647 349,366 349,366 Manufacturing 1,805,256 82,588 1,887,844 1,275,507 3,630 1,279,137 Commerce 340,589 93,428 434,017 618,539 8,172 626,711 Tpt/Stor/Comms 449,697 7,037 456,734 836,190 2,140 838,330 Finance 90,669 55 90,724 765,662 8 765,670 Construction 86,009 110,998
      123 words
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      26 23 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 10 Index Change Change Change Change Change Change World Index Preliminary 887.4 0.0 6.6 -0.2 0.0 0.2 7.3 EAFE Preliminary 799.2 -0.1 1.8 -0.1 -4.3 0.2 2.7 Europe Preliminary 1168.6 0.1
      374 words
    • Article
      Lock icon INTERBANK RATES
      182 24 Dec 10 $S Offer Bid 0vernight 0.03 PAR 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.10 US$ 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 12
      182 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Dec 10 S$ Bid Offer 1-month 1.3082 1.3088 2-months 1.3082 1.3088 3-months 1.3082 1.3088 6-months 1.3082 1.3089 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      166 24 Dec 10 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 11 460.0 458.0 461.0 30 447 Feb 11 460.0 528 Mar 11 460.0 482 Apr 11 460.0 424 May 11 460.0 458.0 460.0 12 164 Jun 11 459.0
      166 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 24 Dec 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 10.03.2011 0.35 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 103.75 5-Year N*****0S 2.875 01.07.2015 106.77 106.94 106.80 7-Year N*****0Z
      86 words
    • Article
      Lock icon CHICAGO BOT
      107 24 Dec 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 11 1273.00 1281.50 1288.50 1267.75 Mar 11 1282.50 1290.50 1297.75 1276.75 May 11 1287.00 1294.00 1301.00 1281.00 Jul 11 1288.50 1294.75 1301.25 1282.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 10 53.79
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Dec 9 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 90.84 0.19 WTI (Near Mth) 88.39 -0.08 Dubai (1-Mth F) 88.09 0.05 Tapis blend 94.90 -0.55 Minas 90.75 -0.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 92.56 0.45 Jet Kerosene 103.45 0.85 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2479 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 1.5 unch 9220 1 3 -10 3.33 0 AFP Properties EW*****8 31.5 -0.5 1578 1 10 -7 1.41 59 6221 Asia-Pacific Strat W*****6 35.5 2.5
      2,479 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 Dec 10 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.332 1.257 Can dollar 1.321 1.271 Euro 1.768 1.7 Sterling pound 2.107 2.026 NZ dollar 1.009 0.961 US dollar 1.331 1.28 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 24 Dec 10 Open High Sett STI Dec 3180 SIMSCI Dec 377.9 378.8 374.5 Taiwan Dec 312.3 312.3 311.3 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      71 24 Dec 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 10 3690 3630 3690 3610 539 1082 Jan 11 3630 3670 3685 3630 1686 ***** Feb 11 3572 3633 3637 3569 ***** ***** Mar 11 3527 3583
      71 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      418 24 Dec 10 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6925 0 7295 Mar11 99.5750 0 5721 Jun11 99.4450 0 3129 Sep11 99.3250 0 615 EUROYEN TIBOR FUTURES Dec10 99.6650 99.6650 99.6650 99.6650 600 4614 Mar11 99.6500 101 1650 Jun11 99.6300 0 1363 Sep11 99.6150 3
      418 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 24 Dec 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.996 6.563 0.743 7.668 44.533 88.958 0.826 11.260 3.089 1.313 84.573 43.073 1.291 6.298 0.968 29.659 29.667 0.624 0.986 Canada 1.004 6.591
      464 words
    • Article
      Lock icon SIBOR
      85 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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon PRECIOUS METALS
      140 24 Dec 10 GOLD (US$/oz) Dec 09 Dec 10 Hong Kong 1391.00 1392.00 Dec 10 Dec 09 London unav 1385.05 1385.80 Source: Thomson Reuters CAST BAR Dec 10 (S$) Selling Buying Kilobar 63,011.23 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 59 5gm 401 294 10gm 716 588
      140 words
    • Article
      Lock icon LONDON METALS
      69 24 Dec 10 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2292.05 2325.25 3 months 2308.00 2338.00 Copper, Grade A (US$/tonne) Cash 9033.00 8987.50 3 months 8990.00 8950.00 Lead (US$/tonne) Cash 2375.00 2389.50 3 months 2390.00 2405.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Dec 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2900 1.2915 0.9861 0.9868 Canadian dollar 1.2956 1.2970 0.9904 0.9910 Euro 1.7356 1.7366 1.3267 1.3269 NZ dollar 0.9829 0.9837 0.7513 0.7516 Sterling pound 2.0690 2.0705 1.5816 1.5820
      154 words
    • Article
      Lock icon LIFFE
      82 24 Dec 10 COCOA (£/tonne) Close Prev High/Low Dec 10 1899 1990 1987/1895 Mar 11 1899 1992 1990/1892 May 11 1915 2006 2002/1911 Jul 11 1932 2019 2011/1930 COFFEE (US$/tonne) Close Prev High/Low Jan 11 1921 1923 1932/1901 Mar 11 1908 1904 1918/1887 May 11 1922 1920 1932/1905 Jul 11
      82 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5854 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 DING XIANG HAI Camden/New Orleans/Tampico *Loads
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  • Page 27 Advertisements
  • BizIT
    • Article, Illustration
      Lock icon Complex IT systems affecting S’pore companies
      829 27  -  Such systems are affecting disaster recovery plans: Symantec study By AMIT ROY CHOUDHURY A NEW report on disaster recovery points to growing challenges for Singaporean companies in managing their increasingly complex IT networks, which comprise disparate virtual, physical and cloud environments. The sixth annual
      829 words
    • Article
      Lock icon Key Singapore findings
      220 27 THE Singapore findings of its sixth annual Symantec Disaster Recovery Study shows a number of issues which need to be looked into. According to Tan Yuh Woei, Symantec’s Singapore country manager, the key highlights from the Singapore findings include: NJust over six in 10 respondents (64 per
      220 words
    • Article, Illustration
      Lock icon Transformation on the way for Dell, says CEO
      849 27 Reuters [ROUND ROCK, Texas] Dell Inc’s billionaire chief executive, arguing that his efforts to transform his company have gone unnoticed by some on Wall Street, wants to drive the acquisitions that will prove crucial to its long-term future. But he is also
      Reuters; AFP  -  849 words
    • Article
      Lock icon Plugging the leaks
      957 27  -  Capping roaming data charges is the way to go <you say> By PRAKASH SADAGOPAN The author is Director, Product Marketing, Asia Pacific, Convergys Corporation THE mobile phone has become an integral part of our lives, for both work and play, with recent reports predicting that smartphones will
      957 words
    • <what’s up>
      • Article
        Lock icon Peter Ang heads Sony Ericsson Singapore
        44 27 SONY ERICSSON has appointed Peter Ang as its new general manager and head of Singapore and Malaysia. Mr Ang was previously the vice-president of marketing for the Asia-Pa-cific, and now reports to Ian Gardner, who heads the region.
        44 words
      • Article, Illustration
        Lock icon Tough phone from Motorola released
        77 27 MOTOROLA has launched the Defy Android touch-screen smartphone. The device is water, scratch and dust-resistant and features a Corning Gorilla Glass screen measuring 3.7-inch. The device doubles up as a 3G mobile hotspot allowing five Wi-Fi devices to connect to it. The Defy will be
        77 words
      • Article, Illustration
        Lock icon Lenovo’s new ultraportables
        43 27  -  Compiled by VICTORIA HO LENOVO has launched the IdeaPad U260, a 12.5-inch notebook. It weighs 1.4kg and is half an inch thin, with an Intel Core i7 processor within. The computer is available for $1,799. For more information visit www.lenovo.com/sg.
        43 words
    • Article, Illustration
      Lock icon For AMD 2012 is the year of the tablet
      1064 28  -  Chipmaker feels that when there’s be a critical mass of non iPad tablets in the market to justify a new chip, writes VICTORIA HO VICTORIA HO IN spite of the ongoing tablet hype, semiconductor maker AMD (Advanced Micro Devices) will wait
      1,064 words
    • Article, Illustration
      Lock icon Global semicon industry likely to grow 9% in ’11
      669 28  -  By AMIT ROY CHOUDHURY IN what is good news for the Singapore semiconductor industry, latest research shows that worldwide semiconductor revenues will grow 9 per cent year-over-year in 2011 and this will translate into a compound annual growth rate (CAGR) of
      WANG HUI FEN/THE STRAITS TIMES  -  669 words
    • Article
      Lock icon Akamai to launch cloud-based e-pay service
      859 28  -  By RAJU CHELLAM ONE of the world’s leading Web services and content delivery companies, Akamai Technologies, is planning to launch its secure e-payment solutions early next year in the Asia-Pacif-ic region, with Singapore as the hub. The service will enable merchants who sell their
      859 words
    • Article
      Lock icon Apple reported to be gearing up for iPad revamp in Q1
      460 28 Reuters [HONG KONG/TAIPEI] Component suppliers for Apple Inc’s iPad are gearing up for a new round of production in the first quarter, sources said on Friday, with one saying the product will be a revamp of the popular tablet
      Reuters  -  460 words
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