The Business Times, 28 February 2011

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    22 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 Monday, February 28,2011
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  • Article, Illustration
    Lock icon Tunisian PM resigns amid clashes in capital
    517 1 Security forces, anti-govt protesters continue to fight for third day in a row AFP [TUNIS] Tunisian Prime Minister Mohammed Ghannouchi announced his resignation yesterday, as security forces clashed with protesters, demanding the removal of some ministers of the interim government. “I have decided
    AFP  -  517 words
  • Article
    Lock icon DC rates set to go up, say analysts
    1148 1  -  Hike will be more for landed home use, they say, citing higher values By KALPANA RASHIWALA [SINGAPORE] Development charges (DC), payable for enhancing a site’s use or for building a bigger project on it, are headed north come March 1, say property
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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 3,025.16 -61.76 KL COMP 1,489.27 -28.29 NIKKEI 225 10,526.76 -316.04 HANG SENG 23,012.37 -582.87 SET INDEX 985.91 -9.66 JAKARTA COMP 3,443.53 -57.97
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  • TOP STORIES
    • Article
      Lock icon US stocks take a beating on investors’ M-E fears
      672 2  -  Stock market’s wall of worry was raised to heights unseen since early August WALL STREET INSIGHT B y ANDREW MARKS in New York WALL Street is currently fixated on oil prices and the possibility that populist revolts racking the Middle East
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    • Article
      Lock icon THREE-MINUTE DIGEST
      462 2 DC rates set to go up, say analysts DEVELOPMENT charges (DC), payable for enhancing a site’s use or for building a bigger project on it, are headed north come March 1, say property consultants. They cite as reasons higher land and property prices over the past six months.
      462 words
    • Article
      Lock icon Japan in big drive to cut use of rare earths
      622 2  -  Meti to pay subsidies to projects to reduce dependence on China By in ANTHONY ROWLEY in Tokyo JAPAN has announced that it is going all out to reduce its consumption of rare earths, which are vital to the production of
      622 words
    • Article
      Lock icon Invoices didn’t reflect all work done: Susan Lim
      1077 2  -  Doctor tries to justify ‘grossly excessive’ fees charged By MICHELLE QUAH [SINGAPORE] It is a case that has seized the public’s imagination: Dr Susan Lim being accused by the Singapore Medical Council (SMC) of having grossly overcharged her Bruneian royal patient. The
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    • Article
      Lock icon Eco-city competition hotting up in China
      833 3  -  Tianjin province will have Italian-built eco-city as well as one built by S’pore group By LYNETTE KHOO [SINGAPORE] Competition is right at the doorstep of the Sino-Singapore Tianjin Eco-city as another iconic eco-city takes shape within the same province. Led by an Italian consortium,
      833 words
    • Article, Illustration
      Lock icon A party of all parties to end Japan’s mess
      755 3  -  Members from DPJ, LDP, others may join hands for stability By ANTHONY ROWLEY in Tokyo JAPAN’S fragmented and apparently disintegrating political scene could be on the point of coming back together again in an unexpected way through the advent of a
      BLOOMBERG  -  755 words
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      384 2 MAP TECHNOLOGY HOLDINGS LIMITED (Incorporated in Singapore) (Company Registration No. *****5617H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders (“Shareholders”) of MAP Technology Holdings Limited (“Company”) will be held on 22 March 2011 at 10.00 a.m. at Marina Mandarin Singapore, 6
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      178 3 Aalto University Executive MBA N Professor Joseph Fisher Visiting Faculty, Aalto University Inspiring Leadership Innovative Strategies Finland Poland Singapore S. Korea Taiwan World-class international faculty. Cutting edge curriculum. Peer network of senior executives with diverse nationalities. Combining the strengths of three renowned Finnish schools, the Aalto University EMBA allows you
      178 words
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      234 3 Enabling Employers Awards 2011 Recognising employers who made a difference The Enabling Employers Network (EEN) is an alliance of like-minded employers in Singapore who seek to champion and advance employment opportunities for persons with disabilities. Established in 2007, today the EEN comprises 10 members from multi-nationals and major local companies
      234 words
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  • SINGAPORE MARKETS
    • Article
      Lock icon Yen, Swiss franc top gainers on safe-haven demand
      472 4 CURRENCIES Bloomberg [NEW YORK] The Japanese yen and the Swiss franc were the top two performers against the dollar last week as Libya’s uprising drove oil to a 29-month high, spurring demand for the safest assets. The franc reached a record high
      Bloomberg  -  472 words
    • Article
      Lock icon Gold shines in Asian markets
      514 4  -  COMMODITIES By THOMAS J McMAHON The writer is CEO at Singapore Mercantile Exchange. Visit www.smx.com.sg for more information THE popularity of gold trading and investments historically rises and falls cyclically, although the financial crisis we are only starting to recover from is in many ways
      514 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1554 4 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 2.58 12 14.13 7.22 1.38 1.04 Amtek Engineering 1.75 2.00 4 13.81 7.90 1.61 1.12 ARA Asset Mgt 1.75 2.25 4 9.78 16.68 1.79
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 4 Feb 25 VALUE CLOSE BT OB/OS -850.00 +376.0 BT CADI -*****.00 +267.0 BT 10-day MA -*****.00 -85.00 FTSE ST Mid Cap 747.87 +7.29 FTSE ST Small Cap 544.84 +9.52 FTSE ST All Share 746.91 +12.01 FTSE ST China Top 264.82 +4.57 FTSE ST China 296.59 +7.30 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      59 4 VOLUME Genting SP 684,164,000 Golden Agri 542,967,000 TopGlobal 342,300,000 Sapphire 290,091,000 Olam 255,654,000 NexGenSCom 237,872,000 *Genting HK US$ 141,623,000 China Hongxing 124,546,000 TopGlobal W*****9 122,548,000 Noble Grp 115,018,000 VALUE($) Genting SP 1,332,165,359 Olam 671,720,878 Wilmar 353,041,945 Golden Agri 344,247,725 DBS Grp 340,244,115 SingTel 315,264,876 Keppel Corp 314,775,780
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    • Article, Illustration
      Lock icon Half full or half empty – take your pick
      618 4  - Half full or half empty take your pick STOCKS R SIVANITHY Senior Correspondent THE bad news for the local stock market is that it faces a great deal of uncertainty, fear and volatility from rising oil prices and the political turmoil in the Middle East. The good news is that
      618 words
    • Article
      Lock icon RISES
      116 4 BY CENTS CLOSE UP GLD 10US$ ***** 208.9 1.2 DBXT S&P Short 10US$ 4334 140.1 2.6 Lyxor MS India 10US$ 1579 77.7 4.0 DBXT AUD Bonds 5AU$ ***** 67.0 0.3 DBXT MSUSA 10US$ 3157 47.1 1.2 DBS Bk 6% NCPS 10 ***** 42.0 0.4 CityDev 1130 24.0 2.2 Lyxor
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    • Article
      Lock icon FALLS
      121 4 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-775.7 -4.9 DBXT FTVietnam 10US$ 3365-365.6 -7.9 IS S&P500 *****-340.1 -2.0 IS DJ US Tech 6654-318.5 -3.6 DBXT MSEurope 10US$ 4698-137.6 -2.2 DBXT MSKorea 10US$ 5659-136.3 -1.9 DBXT MSTaiwan 10US$ 1902-107.0 -4.2 DBXT MSAsExJp 10US$ 3170 -96.8 -2.3 DBXT SPASX200 10US$ 3526
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 4 WEEKLY
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      Lock icon Page 4 Advertisements Column 1
      92 4 Phillip Futures Bringing Global Markets Closer to You www.phillipfutures.com.sg 6538 0500 Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) 08 i?t 1 m! i X if 1 Co. Reg. No: *****5695G The above information does not constitute an investment advice, an offer/solicitation to buy/sell the above
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  • COMPANY NEWS
    • Article
      Lock icon Audit woes bedevil China Hongxing, Hongwei
      605 5  -  Companies want trading halt of their shares converted to suspensions By LYNETTE KHOO ACCOUNTING irregularities have surfaced at two S-chips China Hongxing Sports and Hongwei Technologies. The auditors, Ernst Young in both cases, could not finalise the audit for the financial year ended Dec
      605 words
    • Article
      Lock icon COMPANY MEETINGS
      222 5 COMPANY MEETING PLACE DATE TIME China Flex Pack A Kai Xuan Conference Room, Ramada Pearl Hotel, 9 Mingyue Yi Road, GuangZhou Main Road Central, Guangzhou, Guangdong Province, People’s Republic of China 28-Feb 4.00pm Select Grp E 8 Wilkie Road, #03-01 Wilkie Edge, Singapore *****5 28-Feb 2.00pm Ecowise Hldgs
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    • Article, Illustration
      Lock icon A-Sonic rebounds from three years of losses
      543 5  -  US$11.22m FY10 profit sets stage for company to exit SGX watchlist By VEN SREENIVASAN A-SONIC Aerospace has bounced back into the black, thanks to improving contributions from its businesses and the sale of one of its businesses. The company, which was placed on
      FILE PHOTO  -  543 words
    • Article
      Lock icon Improve governance of Reits, says CFA
      679 7  -  Most directors on boards of Reit managers should be independent: report By EMILYN YAP ARE the interests of real estate investment trust (Reit) unitholders well protected? The answer from CFA Institute’s review of Asia-Pacific Reit markets is not assuring. More can be done to
      679 words
    • Article, Illustration
      Lock icon Look at ‘reflation vs inflation trade’: Religare
      358 7  -  By LINETTE LIM “THERE is too much focus on liquidity flows,” said Jason Todd, Religare Capital Markets’ global head of equity strategy, adding that there is no relationship between the flows and forward returns or valuations in 12 months. “If you saw relative
      358 words
    • Article
      Lock icon PRIME LENDING RATES
      403 7 Feb 25 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
      403 words
    • Article, Illustration
      Lock icon Korea Exchange on cross-trading hunt
      510 7 Bourse may also go public to create alliances with peers Bloomberg [SOUTH KOREA] South Korea’s stock exchange plans to consider “every option” including cross-trading and strategic alliances to respond to mergers and acquisitions among global bourses. The Korea Exchange plans to meet its Tokyo and
      Bloomberg; AFP  -  510 words
    • COMPANY BRIEFS
      • Article
        Lock icon Sri Trang posts 29% drop in Q4 profit
        139 7 SRI Trang Agro-Industry Public Co reported a 29 per cent slump in net profit for the fourth quarter ended Dec 31 to 657.5 million baht (S$27.3 million), despite a 41 per cent jump in revenue, as the bottom line was hit by
        139 words
      • Article
        Lock icon Yamada Q4 profit dips on higher costs
        121 7 CITING higher costs and listing expenses, Yamada Green Resources’ net profit for the fourth quarter dipped 0.5 per cent to 41 million yuan (S$8 million). Revenue for the quarter ended Dec 31 rose 17.8 per cent to 115.4 million yuan due to higher
        121 words
      • Article
        Lock icon Abterra warns of full-year loss
        101 7 ABTERRA Ltd yesterday warned that it will be reporting a loss for the fiscal year ended Dec 31. It attributed this to a one-off recognition of about $11.2 million negative goodwill recognised in the third quarter which was subsequently reversed in the fourth quarter due
        101 words
      • Article
        Lock icon Design Studio Q4 earnings grow 17.2%
        136 7 DESIGN Studio Furniture Manufacturer said that its net profit for the fourth quarter ended Dec 31 grew 17.2 per cent to $7.9 million. Revenue rose 55.4 per cent to $38.4 million, mainly driven by more residential property projects and distribution projects. But gross margin
        136 words
      • Article
        Lock icon STC appoints new investment officer
        114 7 STRAITS Trading Company Limited (STC) has appointed Quah Ban Huat as its chief investment officer (CIO) with effect from March 1. Reporting to group executive chairman Chew Gek Khim, Mr Quah will be responsible for overseeing the development and execution of investment strategy for STC.
        114 words
      • Article
        Lock icon F&N sets up new division for ice cream
        83 7 FRASER and Neave has formed a new division, F&N Creameries, to integrate and consolidate the management and operations of the group’s ice cream business across Singapore, Malaysia and Thailand. The recent acquisition by its subsidiary F&N Foods Pte Ltd of King’s Creameries
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  • SINGAPORE MARKETS
    • Article
      Lock icon One-year top losers
      158 6 One-year top losers FEB 25 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE China Auto Electronics 0.115 0.0 11,500 China Titanium 0.005 0.0 625 Lereno Bio-Chem 0.005 0.0 1,250 Reyphon Agriceutical 0.105 0.0 21,000 Top Global 0.015 0.0 7,500 Zhonghui 0.000 0.0 Sinomem Technology 0.520 -2.8 23,400 C&G Industrial
      158 words
    • Article
      Lock icon Analysts’ top recommendations
      172 6 FEB 25 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Biosensors 1.110 9.9 22,200 China Sky Chemical 0.195 0.0 3,315 Golden Agri-Resources 0.645 -0.8 18,060 Pacific Shipping Trust 0.452 -1.5 9,040 Best World 0.270 -1.8 5,400 The Hour Glass 0.990 -2.0 8,910 Bukit Sembawang 4.470 -3.5 4,470 Armstrong Industrial
      172 words
    • Article, Illustration
      Lock icon Portfolios shed 4% on Mid-East woes
      504 6  -  TEH HOOI LING Senior Correspondent TROUBLE in the Middle East continued to weigh down sentiments, although blue chips staged a commendable rebound last Friday. Compared with a week ago, our portfolios were down by a sharp 4 per cent last week. The Straits Times
      504 words
    • Article
      Lock icon Highest dividend yield
      172 6 FEB 25 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Transpac Indl 2.070 5.6 6,210 Hotung Investment 0.166 4.4 11,786 Longcheer 0.275 3.8 5,225 China Merchants (Pacific) 0.680 2.3 7,480 Shanghai Asia 0.175 0.0 6,650 TT Int'l 0.040 0.0 1,800 Nera Telecoms 0.400 -1.2 8,800 GP Industries 0.540 -1.8
      172 words
    • Article
      Lock icon Biggest upgrades in analysts’ sentiment
      152 6 sentiment FEB 25 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Hi-P 1.240 10.7 16,120 Kingboard Copper Foil 0.390 4.0 9,750 Longcheer 0.275 3.8 5,225 UIC 2.810 1.8 11,240 Parkway Life Reit 1.730 -1.1 8,650 CH Offshore 0.470 -4.1 7,990 Cityspring Infrastructure Trust 0.540 -4.4 4,860 Sunvic
      152 words
    • Article
      Lock icon Lowest forward PEs
      161 6 FEB 25 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Kingboard Copper Foil 0.390 4.0 9,750 Longcheer 0.275 3.8 5,225 China Sky 0.195 0.0 3,315 SC Global 1.420 -2.1 15,620 Hong Leong Asia 2.610 -2.6 18,270 China Fishery 1.910 -3.0 17,190 Low Keng Huat 0.430 -3.4 14,190 Straits Asia
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    • Article
      Lock icon Lowest PTB portfolio
      172 6 FEB 25 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Hotung Investment 0.166 4.4 7,968 Kingboard Copper Foil 0.390 4.0 9,750 China Merchants (Pacific) 0.680 2.3 7,480 China Sky 0.195 0.0 3,315 Guocoleisure 0.690 0.0 6,900 Singapore Land 7.260 -0.4 14,520 Golden Agri-Resources 0.645 -0.8 18,060 Auric Pacific 0.660
      172 words
    • Article
      Lock icon Director buying activity continues to rise as selling stays weak
      1493 6  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director at Asia Insider Ltd DIRECTORS stepped up the purchase of shares for a second straight week, while keeping their sales low, according to filings from Feb 21 to 25 on
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  • SINGAPORE NEWS
    • Article
      Lock icon Counter-offer to keep staff loses its appeal: poll
      692 8  -  The move is a policy for just 4% of employers that Hays polled here By CHUANG PECK MING IT’S one the oldest moves in the hire-and-retention game: a counter-offer. But it’s also looking outdated in recent years especially in developed parts of
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    • Article
      Lock icon Calibre more vital than new election map: SM
      227 8 Theseare EXCELLENT yourresponse IMMEDIATELY Email:sme@mantecconsultants.comCalibre THE redrawing of Singapore’s electoral boundaries is not a critical factor for the coming General Election, Senior Minister Goh Chok Tong said yesterday. He stressed that the most important factor would be the quality of the candidates
      227 words
    • Article, Illustration
      Lock icon UBS may set up gold vault here
      936 8  -  Demand coming mainly from Chinese clients: executive Theseare EXCELLENT yourresponse IMMEDIATELY By Theseare EXCELLENT yourresponse IMMEDIATELY JAMIE LEE Theseare EXCELLENT yourresponse IMMEDIATELY Email:sme@mantecconsultants.comCalibre UBS is open to having a gold facility in Singapore to meet demands from several Asian customers eager to have
      FILE PHOTO  -  936 words
    • Article
      Lock icon DB Platinum
      32 8 1 Branchen Stars 1 R1C-A 21/02/11 149,04 EUR db X-MACRO Trading Index Fund I4D 16/02/11 99,02 GBP I DB Platinum IV Double Joy Capital Guaranteed Fund R1D 17/02/11 10,07 USD
      32 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1601 8 Theseare EXCELLENT yourresponse IMMEDIATELY Email:sme@mantecconsultants.comCalibre Payment Ex Books Pay Ann (cts) date close date date Action Asia ak 1.000 06-May 10-May 20-May 25-Feb AEI Corp an 1.000 06-May 10-May 20-May 23-Feb AIMS Amp Cap Ind Reit cf 0.285 18-Feb 22-Feb 28-Mar 15-Feb AIMS AMP Cap Ind Reit ag
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      Lock icon Page 8 Advertisements Column 1
      5 8 Theseare EXCELLENT yourresponse IMMEDIATELY Email:sme@mantecconsultants.comCalibre
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      17 8 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices NOTICES
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Dose of business to treat social ills
      812 9  -  Social businesses have the potential to create a positive impact for many people globally, says LEONHARD NIMA The writer is from The Grameen Creative Lab which, with the NUS Entrepreneur ship Centre, is co-organising a public lecture, “Social business counter culture in the
      812 words
    • Article, Illustration
      Lock icon Awed by alumni pride in NBS
      763 9  -  Knowing there’s such a strong network, BERNICE GAN gains a stronger sense of belonging to the school CAMPUS LIFE BERNICE GAN The writer is a first year Business Administration and Economics student at the NUS Business School AFTER months of planning and preparation, the
      763 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      249 9 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
      249 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon A now and future Budget
      3963 10 THIS WEEK’S TOPIC Does Budget 2011 succeed in addressing the major financial issues facing Singapore today? How does this Budget impact your industry, your organisation and you personally? THE BIG PICTURE Steven Phan Country Managing Partner Ernst Young LLP THIS Budget furthers Singapore’s ongoing strategy
      AP  -  3,963 words
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      64 11 Exclusively At SINGAPORE KUALA LUMPUR JAKARTA BANGKOK PARMIGIANI HERITAGE IN THE MAKING PARAGON T: (65) 6333 6663 MARINA BAY SANDS T: (65) 6688 7777 STARHILL GALLERY T: (603)2141 3131 GALLERIA GRAND HYATT T: (6221 3983 881 O SIAM PARAGON T: (662) 6 1 O 9883 THE TONDA HEMISPHERES COLLECTION Entirely
      64 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon M-E fallout causes oil price spike in Asia
      700 12 Hardest hit are the developing countries which have a high reliance on oil AFP [BANGKOK] The tremors from political upheaval in the Middle East are rippling through ener-gy-thirsty Asia, which has long struggled to kick its addiction to oil from the volatile
      AFP; AP  -  700 words
    • Article
      Lock icon BOE deputy governor defends QE policy
      607 12 He says it’s effective and doesn’t cause inflation directly Reuters [LONDON] The Bank of England’s quantitative easing has been effective, but the subsequent recovery in nominal demand has created a situation where inflation is too high, BOE deputy governor Charles Bean said. Some economists
      Reuters  -  607 words
    • Article, Illustration
      Lock icon ECB may hold rates despite inflation threat
      636 12 AFP [FRANKFURT] The European Central Bank’s key concern, inflation, shows no sign of abating but that is unlikely to push policymakers into an early interest rate hike given wider concerns over the economic outlook, analysts say. “Despite the tough talk, we think that
      AFP  -  636 words
    • Article, Illustration
      Lock icon Deadline looms for EU to resolve debt crisis
      609 12 Goal is to set up a permanent rescue system AFP [BRUSSELS] European leaders get back to the pressing business of trying to fix the eurozone debt crisis with a hectic series of summits counting down to a March 25 deadline. Governments know
      AFP; REUTERS  -  609 words
    • Article
      Lock icon S Korea to start carbon emissions trading in 2015
      297 12 Reuters [SEOUL] South Korea will start carbon emissions trading from Jan 1, 2015, local media said last Saturday, quoting senior government officials, while industry still strongly opposes the plan. A presidential secretary told Reuters this month that South Korea, the OECD’s
      Reuters  -  297 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Petronas keeps the luck flowing for M’sia
      634 14  -  Two big new strikes off Sarawak coast bode well for national oil-and-gas giant MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent AUSTRALIA has often been called the lucky country. But it’s Malaysia which is the lucky one. Despite all the waste, the leakages, the excess,
      634 words
    • Article, Illustration
      Lock icon Malaysia Legoland set to open in 2012
      725 14 Located in Iskandar region, it is Asia’s 1st such theme park AFP [JOHOR BAHRU] Asia’s first Legoland theme park is on track to open next year in southern Malaysia, its builder said, as the region goes all out to woo tourists with a
      AFP  -  725 words
    • Article
      Lock icon PT Timah sees lower production in Q1
      428 14 Reuters [JAKARTA] Indonesia’s state-owned PT Timah, the world’s largest integrated tin miner, said on Friday that first-quarter production would be lower than expected because of rains and rough seas. Declining output from Indonesia has driven tin prices to record highs this year, and
      Reuters  -  428 words
    • Article
      Lock icon BURSA MALAYSIA
      1925 14 VOL Feb 25 RM +/-(‘000) A M Realty 0.49 unch 33 Abric Bhd 0.41 0.01 137 Advance Synerg 0.27 unch 8347 Adventa Bhd 2.35 0.01 59 Ae Multi Hldgs 0.35 unch 387 Affin Holdings 3.23 -0.05 904 Ahmad Zaki Res 1.01 0.03 649 Aic Corp 1.24 -0.01 19
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China plans sweeping economic change
      811 15 It seeks to empower consumers, narrow yawning wealth gap AP [BEIJING] China’s leadership is promising to steer the economy in a new direction in its blueprint for the next five years that would empower consumers and narrow a yawning wealth gap but require politically contentious
      AP  -  811 words
    • Article
      Lock icon Huawei seeks US probe in bid to clear its name
      590 15 Reuters [NEW YORK] China’s Huawei Technologies Co has challenged the United States to launch a formal investigation into its business, in an attempt by one of the world’s largest telecommunications equipment makers to clear its name from allegations that have
      Reuters  -  590 words
    • Article, Illustration
      Lock icon Fighting inflation a priority: Premier Wen
      696 15 Govt urged to ward off threats to social stability Reuters [BEIJING] Fighting inflation is a priority for China and the government must ward off threats to social stability stemming from rapid price increases and pressure to raise the value of the yuan, Premier Wen
      Reuters; REUTERS  -  696 words
    • Article, Illustration
      Lock icon China vows to cut energy, carbon intensity by 2015
      304 15 Reuters [BEIJING] China aims to cut the amount of energy and carbon dioxide emissions needed for every unit of economic growth by 16 to 17 per cent from this year to the end of 2015, Chinese Premier Wen Jiabao said yesterday.
      Reuters; REUTERS  -  304 words
    • Article
      Lock icon India steel minister urges curbs on iron ore exports
      348 15 Reuters [MUMBAI] India’s steel minister called for curbs on exports of iron ore on Friday, as the federal government heads into a budget that could raise export duty on the steel-making ingredient marginally. “Yes, I am in favour of it. There
      Reuters  -  348 words
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  • WORLD
    • Article
      Lock icon Videogamers take to new social platforms
      648 16 Revenue from social games is likely to exceed a billion dollars this year AFP [SAN FRANCISCO] Videogame makers from around the globe are gathering here to seek paths to fortune and glory on a landscape upset by social networks, smartphones, tablet computers, and the
      AFP  -  648 words
    • Article
      Lock icon Inflation is 27%, petrol almost free and spending a way of life
      798 16 Reuters [CARACAS] Having lived with double-digit inflation since Ronald Reagan was in the White House, Venezuelans know a mon-ey-stretching trick or two the rest of the world could heed as soaring commodities push up prices. A relatively wealthy
      Reuters  -  798 words
    • Article, Illustration
      Lock icon VW posts robust profit, projects record sales
      509 16 Reuters [FRANKFURT] Volkswagen AG’s record year results beat expectations, showing Europe’s largest carmaker has enough financial firepower to complete its planned takeover of Porsche. “Fiscal year 2010 was the best year in the history of the group. Volkswagen already provided impressive proof of
      Reuters; BLOOMBERG  -  509 words
    • Article
      Lock icon Mizuho to buy out units in US$4b deal: Nikkei
      337 16 Reuters [TOKYO] Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said last Saturday, in a roughly US$4 billion deal aimed at helping the lender grow beyond sluggish commercial banking
      Reuters  -  337 words
    • Article, Illustration
      Lock icon New Zealand remembers its earthquake victims
      526 17 It will observe two minutes of silence for the 147 lives lost and 200 still missing Bloomberg [MELBOURNE] New Zealand will observe two minutes of silence tomorrow to remember victims of the Christchurch earthquake that has so far claimed 147 lives, with more than
      Bloomberg; AFP  -  526 words
    • Article
      Lock icon Global IPO tide is high on buoyant bourses
      579 17 Firms raise US$24b in total so far, after a strong Q4 last year Reuters [LONDON] Global listings activity has been the highest on record so far this year, with firms raising a total of US$24 billion to date, according to Thomson Reuters
      Reuters  -  579 words
    • Article, Illustration
      Lock icon Turmoil in Tunisia and Egypt drives tourists to Spain
      545 17 AFP [MADRID] Spain is getting a boost to its hugely important tourist industry as northern European sunseekers shun popular resorts in Egypt and Tunisia because of an-ti-government uprisings there. The country has struggled in recent years to compete with beach destinations
      AFP  -  545 words
    • Article, Illustration
      Lock icon TED meet to showcase plenty of inspiring ideas
      643 19 Technology titans, artists and scientists among those taking part in annual event AFP [SAN FRANCISCO] Mind-boggling science and undertakings that overwhelm the senses are in store at a TED conference to inspire the brilliant and accomplished to change the world for the
      AFP  -  643 words
    • Article, Illustration
      Lock icon Koch brothers’ big role in fighting US unions
      670 19 Billionaires donating to Republicans in anti-union effort Reuters [CHICAGO] The billionaire Koch brothers whose deep pockets and small-gov-ernment philosophy have made them conservative powerhouses are playing an influential role in the drive to strip public employee unions of their rights to bargain
      Reuters; BLOOMBERG PHOTOS  -  670 words
    • Article, Illustration
      Lock icon Thousands rally to support Wisconsin union workers
      570 19 AP [MADISON, Wisconsin] Rallies were held across the United States to support thousands of protesters holding steady at the Wisconsin Capitol in their fight against Republican-backed legislation aimed at weakening unions. Union supporters organised rallies from New York to Washington state in a
      AP; AFP  -  570 words
    • Article
      Lock icon UK threatens to quit FAO unless latter bucks up
      490 19 Support for sister agency World Food Programme to be stepped up Reuters [LONDON] Britain has warned that it could leave one of the United Nations’ agencies fighting hunger unless the latter improves its “patchy” performance. The threat to pull out of
      Reuters  -  490 words
    • Article
      Lock icon US, China agree to boost business between local govts
      378 19 Reuters [WASHINGTON] US state governors and their Chinese counterparts have agreed to strengthen ties between their local governments and increase economic opportunities, as states seek help for their hefty budget struggles. “Expanding exports is key to our economic recovery,” said Washington
      Reuters  -  378 words
  • Page 16 Advertisements
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      746 16 t£AT3 NOTICES In the matter of The Companies Act, Cap. 50 And In the Matter of WON JIN ENGINEERING PTE LTD (Company No. *****2574D) STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, GOH SOO CHAO of 549 Jurong West Street 42, #02-219,
      746 words
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  • Page 17 Advertisements
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      377 17 BEATS 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 FRONTLINE INNOVATIONS PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0314R) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act,
      377 words
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      362 17 In the Matter of The Companies Act (Cap. 50) And In the Matter of VERTEX ASIA LIMITED (In Members' Voluntary Liquidation) (Co. Reg. No. *****4096Z) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) the Final Meeting of the members
      362 words
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      414 17 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of IUT GLOBAL PTE LTD (In Provisional Liquidation) Reg. No. *****1348K NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies
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      415 17 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of IUT SINGAPORE PTE LTD (In Provisional Liquidation) Reg. No. *****6851Z NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies
      415 words
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      354 17 ASIA RETAIL MALL MANAGEMENT PTE. LTD. (In Members’Voluntary Liquidation) (Company registration number *****0607H) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final Meeting of the Members of Asia Retail Mall Management Pte. Ltd. will be held at
      354 words
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      Lock icon Page 17 Advertisements Column 6
      478 17 FREIGHT LINKS EXPRESS HOLDINGS LIMITED (Company Registration Number: *****0061G) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Freight Links Express Holdings Limited (the “Company”) will be held on 15 March 2011 at 3.00 p.m. at 51 Penjuru
      478 words
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  • FOCUS: ENVIRONMENT
    • Article, Illustration
      Lock icon Gas rush: a boon or bane?
      2941 18 Natural gas burns more cleanly than coal and oil. And its exploration is a great source of jobs. But the relatively new drilling method carries significant environmental risks NYT [NEW YORK] THE American landscape is dotted with hundreds of thousands of new wells and
      NYT; AP  -  2,941 words
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  • MIDDLE EAST UNREST
    • Article, Illustration
      Lock icon Oil output at Brega drops by almost 90%
      797 20 Many employees are fleeing and ships are not coming to collect its products AP [BREGA, Libya] The massive oil terminal at Brega feels strangely deserted for Libya’s second-largest hydrocarbon complex. After more than a week of turmoil in the country, production has
      AP  -  797 words
    • Article
      Lock icon Mercenaries ready to defend Gaddafi to the end
      586 20 AP [BAMAKO, Mali] His allies and even his own diplomats are abandoning him, but African fighters are pledging to defend embattled Libyan leader Muammar Gaddafi “to the end”. The African fighters that Col Gaddafi is allegedly using against protesters come from several
      AP  -  586 words
    • Article, Illustration
      Lock icon Migrant workers left stranded in Libya after uprising
      744 20 NYT [BENGHAZI, Libya] American and British citizens have been evacuating for days. The Chinese workers were on their way, and the Bosnians stood ready with their bags on the shore. But from the milky windows of stifling rooms in a makeshift camp,
      NYT; AFP  -  744 words
    • Article
      Lock icon Enigma of North African desert still out of this world
      676 20 AFP [CAIRO] With his exotic dress sense, all-girl squad of bodyguards and often whimsical aphorisms, Libya’s embattled Muammar Gaddafi has been an enigma of the North African desert for more than 40 years. His take on Shakespeare, England’s greatest dramatist,
      AFP  -  676 words
    • Article
      Lock icon Gaddafi’s grip on power shrinks further
      591 21 Zawiyah, a town 50 km west of Tripoli, falls to opposition Reuters [ZAWIYAH] Armed men opposed to Libyan leader Muammar Gaddafi were in control of Zawiyah, about 50 kilometres west of the capital Tripoli, yesterday and their red, green and black flag flew above
      Reuters  -  591 words
    • Article
      Lock icon At least 2 killed in Oman protest
      359 21 Crowd had gathered in Sohar town to demand reform Reuters [MUSCAT] Omani police fired rubber bullets on stone-throwing protesters demanding political reform in an industrial town yesterday, killing two people, and the military moved in to secure the area, witnesses said. They said
      Reuters  -  359 words
    • Article, Illustration
      Lock icon Opposition parties back young Yemen protesters
      437 21 New alliance marks major pressure point for President Saleh AP [SANAA, Yemen] Yemen’s opposition parties said yesterday they are joining young protesters in their push to bring down the country’s beleaguered president. The announcement marked the second major setback in two days for President
      AP  -  437 words
    • Article
      Lock icon Egypt president’s term to be limited to 8 years
      494 21 Amendment by judicial panel will be put to referendum Reuters [CAIRO] Future presidents of Egypt will only be allowed to stay in office for eight years according to constitutional amendments that will open up competition for the position held for three
      Reuters  -  494 words
    • Article
      Lock icon Saudi Arabia to use reserves for funding govt handouts
      433 21 Reuters AFP [DUBAI] Top Opec oil exporter Saudi Arabia will draw on its reserves to help fund government handouts unveiled by King Abdullah last week to address social pressures, its finance minister said yesterday. King Abdullah returned home on Wednesday from
      Reuters; AFP  -  433 words
    • Article
      Lock icon Protest marches paralyse parts of Bahrain’s capital
      234 21 AP [MANAMA, Bahrain] Thousands of protesters streamed through Bahrain’s diplomatic area and other sites yesterday, chanting against the country’s king and rejecting his appeals for talks to end the tiny Gulf nation’s nearly two-week-old crisis. At least three processions paralysed parts of the
      AP  -  234 words
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  • Page 21 Advertisements
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      49 21 CT O bdoP FIND THE ONES THAT FIT! 7 7 UU r J > Call 1800 289 8822 or email i I Recruit the right people through CATS Recruit. recruit@sph.com.sg to advertise. r\£Vf WAT^ l RECRUIT 'i R> V 7 1 I 7 n < 7 "7 I I 7
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      20 21 IT'S HERE! ..ill 3G 2:40 PM VJ >, LDHDinE... i GET THE FREE 9I.3FM APP NOW! Available on the App Store
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Bumpy ride expected for Boeing despite US Air Force tanker win
      605 22 Some say it could distract Boeing from rolling out the 787 Dreamliner AFP [NEW YORK] Boeing’s triumph over European rival EADS for a major US Air Force tanker contract poses risks amid defence spending cutbacks and multiple delays to
      AFP; AP  -  605 words
    • Article
      Lock icon Hainan banks on yachting industry to boost tourism
      248 22 Xinhua [BEIJING] Officials in China’s southernmost island province of Hainan are hoping a fledgeling yachting industry would give the famed tourism destination the edge to draw wealthy tourists from home and broad. “Yachting can strongly propel tourism and the local economy in
      Xinhua  -  248 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 22 SGX '000 Feb 25 S$ +/-Vol CH Offshore 0.47 0.01 154 Chuan Hup Hldg 0.24 unch 35 Cosco Corp 1.97 0.04 ***** CWT Ltd 1.23 0.03 2871 Ezra Hldgs 1.55 0.03 3977 First Ship Lea 0.43 0.02 470 Freight Links 0.07 unch 800 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Oversupply of vessels a drag on Baltic index
      251 22 Reuters [LONDON] The Baltic Exchange’s main sea freight index .BADI which tracks rates to ship dry commodities, turned barely positive on Friday, although sentiment was expected to remain weak due to a glut of vessels. The index rose 0.24 per cent or
      Reuters  -  251 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3327 22 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
      3,327 words
  • Page 22 Advertisements
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      99 22 HALL 401, SUNTEC SINGAPORE March 1 3, 2011 10:00 TO 18:00hrs www.bairdmaritime.com IS ALL IT TAKES TO CONTACT: ASIAN WORK BOAT 2011 EXHIBITION BUT,WITHSOMUCHTOSEE,ONEVISITSURELYWON’TBEENOUGH. ENTRY IS FREE– All Welcome! Donʼt miss the FREE PRODUCT PRESENTATION SEMINARS. Check our website for latest details. www.asianworkboat.com Aquaculture Support Boats Assault Craft Dredgers Ferries
      99 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      340 22 CRYPTIC CROSSWORD Across 1 Film Isaac’s wife (7) 5 Representative put in new suite, as an incentive (7) 9 Finished last of pizza, Italian food (5) 10 Start to make a speech about one mother’s ruin (9) 11 A character in Howard’s End (10) 12 I was first to go
      340 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Spicing up MBS with chilli crab
      750 23  -  By Audrey Phoon NEW RESTAURANT Yu Cuisine B1 -07/08/09 Galleria Level and L1-08 Bay Level The Shoppes at Marina Bay Sands 2 Bayfront Avenue Tel: 6688-7318 CONSIDERING the number of overseas visitors at Marina Bay Sands, it was only a matter of time before
      750 words
    • Article
      Lock icon A feast celebrating two Spanish greats
      566 23  -  By Geoffrey Eu WINE DINNER Alvaro Palacios Winemaker’s Dinner (March 1, 7pm) Santi L2-03, Casino Level 2, Marina Bay Sands Singapore 10 Bayfront Avenue Tel: 6688-8501 THE culinary world is still mourning the tragic loss of star Catalan chef Santi Santamaria, who passed away
      566 words
  • Page 23 Advertisements
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      238 23 v y I WINE DINE AND HOSPITALITY T> DON'T WORK ON AN EMPTY STOMACH! Available on weekdays, from 12pm to 2.30pm Whether you're having a business lunch or taking a break from the office, Ristorante Bologna is the meeting place of choice for busy executives! With a full spread of
      238 words
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      12 23 www.omy.sg j iRcrpTeg 92 clin 9 °mw s 9 1 m rmxffiieii
      12 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9420 24 Week ended: Feb 25 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 17 -1.5 2663 19 16 16.5 17.5 7.8 3.6 3.6 81.4 12 4.5 5834 A-Sonic
      9,420 words
    • Article
      Lock icon SGX CATALIST
      1877 25 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 $mil 7 4 1181 t AA Grp 4.5 4 5 21.4 4.3 225 130 6222 t APStrategic 164 unch 19 164 158 158
      1,877 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      118 25 Stock name Close Change CapMallsAsia 1.770 +0.010 CapitaLand 3.320 +0.050 CapitaMall 1.780 +0.010 CityDev 11.300 +0.380 ComfortDelGro 1.540 +0.020 DBS Grp 14.320 +0.120 F&N 5.840 +0.170 Genting SP 1.950 +0.030 Golden Agri 0.645 +0.020 HK Land 6.600 +0.220 Stock name Close Change JMH 45.040 +0.020 JSH
      118 words
    • Article
      Lock icon STOCKS ASIA
      2642 25 Transaction date: Feb 25 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.60 unch 0 Aeon Stores 15.40 -0.20 18 Angang Steel 10.68 0.06 ***** Anhui Conch 35.70 0.80 7938 Anhuiexpresswa 6.15 0.04 671 Asia Satellite 13.28 0.18 0 Asm Pacific 104.00 4.60 832 Bank Of E Asia 33.50
      2,642 words
    • Article
      Lock icon GLOBALQUOTE
      263 25 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 $mil 56 38 6000 AVJennings A53cd +0.5 28 53 51.5 48 56.5 3.6 6.6 4.2 138 55 16 6017 Genting HK US$ US37 -4.5 *****3 42
      263 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 25 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 14 1 0 0 0 3 14 1 Manufacturing 25 154 51 4 17 20 29 171 71 Commerce 10 53 17 1 9 9 11 62 26 Tpt/Stor/Comms 11 32 3
      186 words
    • Article
      Lock icon SGX ETF
      938 25 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 $mil 124 108 6389 ABF SG Bond ETF 110 unch 5 110 110 110.1 111 502.1 1070 761 CIMBAsean40 100US$ US985 -18 27 1017 985
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 25 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 198,285 198,285 496,884 496,884 Manufacturing 1,775,069 153,383 1,928,452 1,581,821 5,612 1,587,433 Commerce 862,848 43,618 906,466 1,194,989 5,618 1,200,607 Tpt/Stor/Comms 667,431 27,478 694,909 1,194,668 6,054 1,200,722 Finance 172,787 139 172,926 1,068,871 20 1,068,891 Construction 468,270 343,554
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      26 25 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
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 26 In local curr In S$ In US$ dy yr dy yr dy yr Feb 25 Index Change Change Change Change Change Change World Index Preliminary 932.1 0.8 3.8 0.6 3.9 0.8 4.5 EAFE Preliminary 825.9 1.1 3.1 0.7 3.8 1.0 4.4 Europe Preliminary 1206.3 1.2
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    • Article
      Lock icon INTERBANK RATES
      180 26 Feb 25 $S Offer Bid 0vernight 0.15 0.10 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.12 US$ Offer Bid 7 days 0.33 0.23 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.60 0.50 9 months 0.80 0.60 12
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Feb 25 S$ Bid Offer 1-month 1.2736 1.2746 2-months 1.2734 1.2744 3-months 1.2732 1.2743 6-months 1.2726 1.2737 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      160 26 Feb 25 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 11 620.0 618.0 618.0 8 315 Apr 11 624.0 616.0 616.0 8 303 May 11 621.0 621.0 616.0 2 162 Jun 11 616.0 400 Jul 11 616.0 146
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    • Article
      Lock icon GOVERNMENT SECURITIES
      83 26 Feb 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 26.05.2011 0.33 0.28 0.28 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*****0V 1.625 01.04.2013 102.46 102.52 102.50 5-Year N*****0S 2.875 01.07.2015 107.29
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    • Article
      Lock icon CHICAGO BOT
      107 26 Feb 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1365.50 1318.25 1388.50 1312.00 May 11 1375.00 1329.25 1399.25 1322.00 Jul 11 1382.75 1337.75 1407.50 1331.00 Aug 11 1368.00 1325.00 1381.25 1322.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 56.95
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Feb 24 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.04 3.76 WTI (Near Mth) 97.00 0.25 Dubai (1-Mth F) 108.24 6.08 Tapis blend 118.69 7.64 Minas 114.89 7.64 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.00 7.83 Jet Kerosene 130.10 6.60 US$/barrel Opec Oil
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 Feb 25 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.333 1.258 Can dollar 1.323 1.273 Euro 1.797 1.728 Sterling pound 2.097 2.017 NZ dollar 0.983 0.937 US dollar 1.295 1.246 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 26 Feb 25 Open High Sett STI Feb 3025 SIMSCI Feb 351.3 357.8 357.2 Taiwan Mar 304.3 308.4 307.8 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      64 26 Feb 25 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3565 3565 3492 1006 3907 Apr 11 3459 3542 3560 3497 2870 ***** May 11 3448 3515 3541 3747 ***** ***** Jun 11 3404 3495 3513
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      463 26 Feb 25 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6825 0 4827 Jun11 99.6150 0 2607 Sep11 99.5250 0 3214 Dec11 99.3500 0 1435 EUROYEN TIBOR FUTURES Mar11 99.6600 0 6006 Jun11 99.6500 100 1072 Sep11 99.6425 0 766 Dec11 99.6300 99.6300 99.6300 99.6275 200
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 26 Feb 25 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.994 6.655 0.733 7.887 45.837 89.423 0.829 11.406 3.087 1.349 86.417 44.253 1.290 7.105 0.937 30.108 31.009 0.628 1.012 Canada 1.006 6.697
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    • Article
      Lock icon SIBOR
      85 26 Feb 25 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      138 26 Feb 25 GOLD (US$/oz) Feb 24 Feb 25 Hong Kong 1412.90 1405.20 Feb 25 Feb 24 London 1408.32 1412.99 1409.09 1413.76 Source: Thomson Reuters CAST BAR Feb 25 (S$) Selling Buying Kilobar 61,580.64 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 138 57 5gm 392 287 10gm 700
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    • Article
      Lock icon LONDON METALS
      70 26 Feb 25 25 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2535.00 2510.50 3 months 2565.00 2541.00 Copper, Grade A (US$/tonne) Cash 9766.00 9504.00 3 months 9760.00 9502.00 Lead (US$/tonne) Cash 2527.00 2501.25 3 months 2517.50 2500.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Feb 25 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2892 1.2905 1.0121 1.0123 Canadian dollar 1.2971 1.2988 1.0183 1.0188 Euro 1.7596 1.7614 1.3814 1.3817 NZ dollar 0.9554 0.9567 0.7500 0.7505 Sterling pound 2.0545 2.0565 1.6129 1.6132
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    • Article
      Lock icon LIFFE
      82 26 Feb 25 COCOA (£/tonne) Close Prev High/Low Mar 11 2378 2361 2390/2357 May 11 2368 2350 2377/2345 Jul 11 2295 2274 2297/2268 Sep 11 2246 2222 2248/2219 COFFEE (US$/tonne) Close Prev High/Low Mar 11 2288 2285 2315/2278 May 11 2339 2329 2345/2318 Jul 11 2348 2345 2359/2335 Sep 11
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2931 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 23.5 -2.5 3685 1 10 -3 1.47 57 6221 Asia-Pacific Strategic W*****6 32 0.5 1 1 150 11 5.13 39 6227 ASJ Hldgs W*****1 3 1
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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      344 29  -  By AMIT ROY CHOUDHURY CYBERCRIMINALS are using Twitter accounts to distribute links that redirect users to fake anti-virus sites and download malicious programs on to their computers, according to report by security company, Kaspersky Lab. Jimmy Fong, Kaspersky Lab’s director of channel sales, Southeast
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      Lock icon IT’s worth to be measured by commercial outcomes this year
      843 29  -  Business outcomes to become important, says IDC By AMIT ROY CHOUDHURY A KEY goal for chief executives of the Asia-Pacific, excluding Japan (APEJ), region this year will be to drive transformative business projects where information technology will be a key
      843 words
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      Lock icon Nokia engineers hope for the best in face of job cuts
      804 29 AFP [HELSINKI] Sami Sallmen likes to say he saw the birth of Symbian as a young developer he joined the world’s largest mobile phone company Nokia to help a vibrant group of engineers create what they were told was
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      Lock icon Customers take to the cloud, via Microsoft
      817 30  -  Its latest cloudbased product is a big hit according to channel partners By VICTORIA HO MERELY a month after Microsoft released its hosted version of Dynamics CRM 2011, its newly minted customer relationship management (CRM) product, a local systems integrator has received a
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      Lock icon CeBIT 2011 all set to wow visitors again
      247 30 AFP [HANOVER] The world’s top high-tech fair opens tomorrow with the IT industry in bullish mood, preparing to wow visitors with head-spinning futuristic gadgets and the latest in “cloud computing” technology. More than 4,200 tech firms from 70 countries are expected to
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    • <what’s up>
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