The Business Times, 23 March 2011

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Total Pages: 32
1 32 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, March 23,2011
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  • 564 1  -  Hedge funds and speculators drawn to the trade in S’pore, London and New York as volatility spikes in wake of Libya and Japan crises By RONNIE LIM [SINGAPORE] Extremely volatile oil markets with prices going on a rollercoaster ride on day-to-day developments
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  • 700 1  -  700 more get access to govt help as an updated, new definition kicks in By CHEN HUIFEN [SINGAPORE] Local companies here have lauded the new definition of small and medium enterprises, which will see 700 more SMEs having access to government
    700 words
  • 141 1 GST INDEX 3,002.75 (+19.24) GST INDEX FUTURES 3,003 (+20) GSIMSCI 355.26 (+2.83) GSIMSCI FUTURES 355.00 (+4.30) FOREX US$ S$ US$ (S$ per US$) 1.264 (US$/S$ per 1.634 2.064 EURO (US$/S$/E) 1.424 1.799 Foreign currency per US$ S$ YEN 81.00 64.10 RM 3.029 2.397 HK$ 7.798 6.170 BAHT 30.24
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  • Page 1 Advertisements
    • 9 1 OPINION Japan’s nuclear industry: Challenges for policymakers PAGE 25
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    • 12 1 EXEC MONEY A crisis that markets can’t grasp PAGE 31 *****1 *****4
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    • 93 1 TRANSPORT HUB Asian shipowners want tougher anti-piracy steps PAGE 20 BONUS HIKES S’pore-based bankers get less than those in HK PAGE 4 Deutsche Bank Global strength and expertise. At the centre of Asia's markets. Bank of the Year IFR Awards 2010 Best Global Investment Bank Euromoney Awards for Excellence 2010
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  • TOP STORIES
    • 734 2  -  China, Brazil, India join countries calling for immediate ceasefire By LEE U-WEN [SINGAPORE] Gunfire and explosions rocked the Libyan capital Tripoli for a third straight night yesterday, even as China, Brazil and India joined the growing list of countries calling for an immediate ceasefire.
      AP  -  734 words
    • 448 2  -  By EMILYN YAP [SINGAPORE] The inflation risk looming over Singapore and Asia is likely to grow with political crisis in Libya and the Middle East threatening to keep oil above US$100 a barrel. OCBC economists predict that a US$10 increase per
      448 words
    • 491 2  -  Najib’s remarks on easing ownership rules could lead way By S JAYASANKARAN By in Kuala Lumpur AUSTRALIA and New Zealand Banking Group (ANZ) could raise its interest in Malaysia’s AMMB Holdings, in which it is the single largest shareholder with 24 per cent.
      491 words
    • 429 2 Oil trade sizzles with flood of hot money EXTREMELY volatile oil markets have seen speculative “hot money” flooding into the commodity in Singapore, London and New York, traders said. This has resulted in fairly active trading here especially of paper or oil futures, they added. FRONT PAGE Sharper
      429 words
    • 433 4  -  By MICHELLE QUAH [SINGAPORE] The work done by Singapore’s Accounting and Corporate Regulatory Authority (Acra) has received a de facto endorsement from Europe. The European Commission (EC) is now recognising that Singapore’s auditor oversight system is equivalent to that of the European Union (EU)
      433 words
    • 616 4  -  HK seen as more frontline-driven and S’pore, more back office-driven By SIOW LI SEN [SINGAPORE] Singa-pore-based bankers enjoyed good bonus hikes for 2010 but these were still only half of what their Hong Kong counterparts earned, a survey found. Almost
      616 words
    • 654 4  -  Radiation experts downplay risks to human health By ANTHONY ROWLEY in Tokyo TOKYO stock prices rose yesterday and other Asian stockmarkets also gained on growing optimism that Japan has avoided a nuclear power-plant meltdown. But new incidents of smoke and steam emitting from reactors
      AP; Source: AFP  -  654 words
    • 734 4  -  By VEN SREENIVASAN [SINGAPORE] The events in Japan have not just severely disrupted travel schedules for airlines, but could also have a wider impact on the aerospace sector globally. As airlines rush to adjust capacity to cope with slumping demand for travel to
      734 words
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    • 493 2 THE MONETARY AUTHORITY OF SINGAPORE APPLICATION FOR TAXABLE BOOK-ENTRY SINGAPORE GOVERNMENT BONDS TENOR APPROXIMATELY 5 YEARS TOTAL AMOUNT OFFERED SGD 2,500,000,000 MINIMUM DENOMINATION SGD 1,000 MAS' INTENDED TENDER AMOUNT** SGD 100,000,000 ISSUE CODE N*****0W ISIN CODE SG7Y*****288 ISSUE DATE/SETTLEMENT DATE 01 APRIL 2011 MATURITY DATE* 01 APRIL 2016 COUPON RATE
      493 words

  • Page 3 Advertisements
    • 181 3 www.citroen.com.sg/C5 iftagnifique. A m0ENC5 V-. t A tv. There may be no word in the English language to describe it. The new Citroen C5 strikes the perfect balance of both performance and luxury of a Category B continental car. Fitted with the award-winning 1.6 THP engine, it demonstrates lively acceleration
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  • Page 4 Advertisements
    • 1743 4 SINGAPORE MEDICAL GROUP LIMITED Company Registration Number *****3187W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Singapore Medical Group Limited (the "Company") will be held at Novena Medical Center, 10 Sinaran Drive, #08-23, Singapore *****6 on Friday,
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  • COMPANY NEWS
    • 668 5  -  Its venture with TID places top bid of $320.86 psf ppr for the site By KALPANA RASHIWALA CITY Developments Ltd (CDL) yesterday set a record price albeit just by a whisker for executive condominium (EC) land. The seasoned developer’s bid
      668 words
    • 506 5 Reuters [CANBERRA] Australia’s parliament is likely to hold an inquiry into the Singapore Exchange’s (SGX) US$7.5 billion bid for the Australian Stock Exchange (ASX), which could further delay any conclusion of the deal until July. Key opposition lawmaker Barnaby Joyce told the
      Reuters  -  506 words
    • 342 5  -  By WINSTON CHAI SINGAPORE Telecommunications is looking to bring the Formula 1 World Championship out of race circuits and into neighbourhood estates by offering 3D screenings of the entire 2011 race season in the heartlands. Starting this weekend with the Melbourne
      342 words
    • 754 6  -  Better fund access, sentiment revive interest in reverse takeover deals NEWS ANALYSIS By MICHELLE TAN REVERSE takeover deals, which in recent years have seen waning interest because of the global recession, appear to be making a comeback thanks to greater access to funds and a
      754 words
    • COMPANY BRIEFS
      • 59 6 SWIBER Holdings said it has secured various contracts worth US$27 million in total, mainly for the charter of its offshore construction and support vessels. These charter contracts from leading oil majors and other oil and gas contractors include the provision of anchor handling tug and
        59 words
      • 25 6 CAPITAMALLS Malaysia Trust’s agreement to acquire Gurney Plaza Extension in Penang, Malaysia, for RM215 million (S$90 million) has become unconditional.
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      • 74 6 YUEXIU Property acquired a parcel of land located at Nanta Street, Dongling District, Shenyang, Liaoning Province through a wholly owned subsidiary at an open land auction for 2.15 billion yuan (S$414.5 million) or 4,085 yuan per sq m based on a permitted gross
        74 words
      • 68 6 SHAREHOLDERS of Reyoung Pharmaceutical yesterday passed the resolution on the delisting proposal for the group at a special general meeting. Those who voted in favour represented a majority of 98.88 per cent of the total number of issued shares held by shareholders present and voting.
        68 words
    • 432 6 Reuters [HONG KONG] Capital flows towards bond markets in Asia are set to increase rapidly as the region’s localcurrency debt markets mature and controls are dismantled, United Statesbased ETF sponsor WisdomTree said. While investors outside the region have historically eyed Asian local debt
      Reuters  -  432 words
    • 417 6  -  Part of Nikko’s plan to be a leading regional player By LYNN KAN WHILE the divested asset management arm of DBS Group Holdings has yet to get a new name, what is clearer are the plans its buyer, Nikko AM, has for it.
      417 words
    • 491 6 Reuters [SINGAPORE] Singapore Mercantile Exchange plans to launch an iron ore futures contract in early May following expected regulatory approvals, the exchange’s top executive said on Monday. SMX, controlled by India’s Financial Technologies, plans to launch a cash-settled iron ore futures
      Reuters  -  491 words
    • 286 7  -  By ARTHUR LEE TAKE 1,000 POSB coin boxes, add recycled materials and build a 3D symbol of a part of Singapore that is significant and needs protection. This Build Protect our Home contest by POSB aims to encourage primary school students to think
      ARTHUR LEE  -  286 words
    • 436 7  -  KL-S’pore highspeed rail link will yield much economic gain: Khazanah MD Reports by TEH SHI NING THE joint ventures between Khazanah Nasional and Temasek Holdings, resulting from the landmark deal between Singapore and Malaysia last year, have made “a lot of progress”, Khazanah’s managing director
      436 words
    • 472 7 TACKLING commodity speculation is not the solution to food price spikes which are in fact the result of policy failures, says Olam International CEO Sunny Verghese. Soaring food inflation and the unrest that it has fuelled in the Middle East have pushed food back
      472 words
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  • Page 6 Advertisements
    • 188 6 Call 1800 289 8822 or J e-mail notices@sph.com.sg to place f! your Apology Notices §j 1 811 PERCEPTION STRATEGY 5 I fTI I DIFFERENTIATION TRl IQT §1 I I 1 VJ O I BRAND CONCEPT 1 g m g Singapore Brand Conference TRUST STRATEGY Thursday, 31 March 2011 Suntec Convention
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  • Page 7 Advertisements
    • 149 7 www.vw.com.sg Now you have an excuse to caress your Scirocco. New keyless system, unlocks with the lightest touch. Introducing the Keyless Entry and Start-Stop System, or KESSY. Now you can unlock the car with just the lightest touch of the door handle. All you need to be carrying is the
      149 words

  • SINGAPORE MARKETS
    • 573 8  -  Rebound continues after Japanese stocks surge, but local index closes off intraday high STOCKS R SIVANITHY Senior Correspondent MONDAY’Sre-bound continued yesterday, as Japanese stocks bounced 4 per cent and players bet on Wall Street extending its recovery. However, although the Straits Times Index (STI) managed
      Source: Bloomberg  -  573 words
    • 4 8 DAILY
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    • 66 8 Mar 22 VALUE CLOSE BT OB/OS -470.00 +115.0 BT CADI -*****.00 +216.0 BT 10-day MA -*****.00 -47.00 FTSE ST Mid Cap 742.71 +4.41 FTSE ST Small Cap 531.26 +5.45 FTSE ST All Share 740.61 +4.88 FTSE ST China Top 263.94 +1.49 FTSE ST China 293.96 -0.15 FTSE
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    • 59 8 VOLUME Golden Agri 119,135,000 HPH Trust US$ 117,411,000 Genting SP 60,379,000 Vallianz Hldgs 50,907,000 GLP 47,771,000 Dyna-Mac 47,660,000 SingTel 26,923,000 NexGenSCom 26,785,000 RafflesEdu 23,287,000 Cosco Corp 17,965,000 VALUE($) HPH Trust US$ 142,997,532 Genting SP 116,161,610 GLP 87,175,790 SingTel 79,161,986 Golden Agri 79,038,400 Keppel Corp 63,957,580 SembMar 61,101,160
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 4 2 0 0 0 10 4 2 Manufacturing 76 28 50 7 2 10 83 30 60 Commerce 30 11 25 4 3 4 34 14 29 Tpt/Stor/Comms 28 6 8
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    • BROKERS’ TAKE
      • Article, Illustration
        440 8 March 22 close: S$3.26 OCBC Investment Research, March 22 FROM January to February 2011, CapitaLand launched 470 units (out of 1,745 units planned for FY2011) and saw a 25 per cent take-up rate over two months. Prices have stayed firm but we note there is significant inventory for the
        Source: Bloomberg  -  440 words
      • 365 8  -  March 22 close: S$5.66 CIMB Research, March 22 Compiled by LYNETTE KHOO SEMBCORP Marine (SembMarine) has secured a harsh-environment jack-up order from Seadrill worth US$450 million. The rig will have similar design and specifications as the West Elara, a Gusto MSC CJ70 harsh-environment jack-up rig which SembMarine is
        365 words
      • 135 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 22,421 22,421 102,645 102,645 Manufacturing 229,818 6,970 236,788 240,106 439 240,545 Commerce 78,645 56,285 134,930 84,053 4,148 88,201 Tpt/Stor/Comms 228,345 4,598 232,943 353,925 476 354,400 Finance 23,562 23,562 178,729 178,729 Construction 14,027 2,960 16,987 3,679
      121 words
    • 112 8 Stock name Close Change CapMallsAsia 1.660 -0.010 CapitaLand 3.260 +0.010 CapitaMall 1.790 +0.020 CityDev 10.840 -0.060 ComfortDelGro 1.510 +0.010 DBS Grp 14.280 F&N 5.480 -0.080 GLP 1.830 +0.030 Genting SP 1.930 +0.020 Golden Agri 0.665 +0.020 HK Land 6.700 -0.070 JMH 43.980 +0.180 JSH 26.420 +0.160
      112 words
    • 420 8 CURRENCIES [SINGAPORE] The Singapore dollar touched a new record-high against the US dollar in late Asian trading yesterday, with US$1 quoted as low as S$1.2626 breaching the previous all-time low for the greenback at S$1.2637 on March 7. This came as investors’ sentiment
      BLOOMBERG  -  420 words
    • 114 8 BY CENTS CLOSE UP DBXT MSKorea 10US$ 5850 357.5 5.1 IS DJ US Tech 6500 169.3 2.1 Jardine C&C 3520 140.0 4.1 GLD 10US$ ***** 92.2 0.5 DBXT Nifty 10US$ ***** 55.6 0.4 SGX.ES.1103 787 54.0 7.4 IS MSCI Spore 1306 49.3 3.1 Lyxor China H 10US$ 1638 27.8
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    • 127 8 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3216 -46.7 -1.1 Lyxor India Nifty 10 1527 -33.0 -2.1 UOB MBL eCW*****4 83 -16.0 -16.2 DBXT DBLCI-OY 5US$ 4168 -15.2 -0.3 DBXT S&P Short 10US$ 4337 -15.2 -0.3 F N.ES.1103 552 -10.0 -1.8 SembMar RB ePW*****8 23 -10.0 -30.3 DBXT SPASX200
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    • 5 8 DAILY
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  • SINGAPORE NEWS
    • 496 9  -  It also projected $22-24b in tourism receipts, higher than last year’s figures By MINDY TAN THE Singapore Tourism Board (STB) is projecting a record 12-13 million visitor arrivals and $22-24 billion in tourism receipts in 2011. This is up from the already record-breaking
      AP  -  496 words
    • 335 9  -  By KALPANA RASHIWALA A SEVEN-STOREY freehold office building at 22 Martin Road that is fully leased to AIG has been put up for sale. The indicative price is said to be $55-60 million, which works out to $1,740-1,899 per square foot on
      335 words
    • 455 9  -  40% rise in 2010 result of insurance sales to super rich By SIOW LI SEN SWISS Life last year raked in $1.43 billion single premium sales by selling insurance to the super rich in Singapore and the region. Sales were up more than 40
      455 words
    • 411 10  -  Major economies may make it harder for foreigners to invest: ex-US official By CONRAD TAN GOVERNMENTS worldwide should encourage foreign investment as well as free trade for the global economy to emerge stronger from the recent financial crisis, a former US Treasury senior official
      BLOOMBERG FILE PHOTO  -  411 words
    • 409 10  -  Their new role in the global economy was the main theme By LINETTE LINETTE LIM THE financial crisis in 2008 allowed emerging market economies to demonstrate that they were not cogs in the global wheel, but locomotives of global growth. Cornell University
      JOHN HENG  -  409 words
    • 513 10  -  New centre part of strategy to expand footprint in region By KELLY TAY EASTMAN Kodak Company (Kodak) opened its Kodak Asia Pacific Solutions (KAPS) Centre in Singapore yesterday. The centre will boost research, product development and operations management activities across Kodak’s main digital growth
      513 words
    • 493 10  -  Workers aged 18-47 years more mobile than baby-boomers By JERMAINE NG IF you are willing to move for the right job, you are like 89 per cent of respondents in a recent survey by Kelly Services. The survey showed that
      FILE PHOTO  -  493 words
    • 257 10 THE Media Development Authority of Singapore (MDA) has begun to refund the 2011 radio and television (RTV) licence fees. First introduced in 1963, RTV fees were collected from households, non-residential TV licensees, vehicle owners and dealers engaged in the import or sale
      257 words
    • 342 10  -  By NISHA RAMCHANDANI BAYER HealthCare Pharmaceuticals, a subsidiary of Germany’s Bayer AG, expects the Asia Pacific to be a key growth market over the next three to five years, having chalked up solid growth in the region last year. “The Asia Pacific as
      342 words
  • Page 9 Advertisements
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      227 words

  • Page 10 Advertisements
    • 409 10 TIME WATCH INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****2355R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of Time Watch Investments Limited (the “Company”) will be held on 7 April 2011 at 10:00 a.m., at Suntec
      409 words

  • ECONOMY WATCH
    • 640 11 It wants to tackle the economic, social problems that caused the turmoils Reuters [WASHINGTON] The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest, the bank’s President
      Reuters; AFP  -  640 words
    • 367 11 AFP [WASHINGTON] Sales of previously owned homes in the United States dropped sharply in February as banks tightened up lending despite ul-tra-low interest rates, a real estate agents group said on Monday. The new data was the latest sign that a crucial pillar
      AFP  -  367 words
    • 547 11 Bloomberg [LONDON] Chancellor of the Exchequer George Osborne will close tax loopholes used mostly by the wealthy to raise revenue by about £1 billion (S$2.1 billion) a year in his Budget today a person with knowledge of the plans said. About
      Bloomberg  -  547 words
    • 180 11 Bloomberg [SYDNEY] Australian bankers are more satisfied with their 2010 bonuses than counterparts in the US, UK, Singapore and Hong Kong, according to a survey of finance industry professionals. Some 56 per cent of Australian bankers were content with their payouts, which rose an
      Bloomberg  -  180 words
    • 709 11 Interest rate swaps, bond sales, stocks all reflect confidence Bloomberg [NEW YORK] Global markets are signalling that sustained economic growth will more than make up for Japan’s worst disaster since World War II, rising commodity prices and uprisings throughout the Middle
      Bloomberg  -  709 words
  • Page 11 Advertisements
    • 99 11 fflHKUST BUSINESS SCHOOL NEW YORK UNIVERSITY STERKI Master of Science in Global Finance jointly offered by HKUST NYU Stern A 1-year part-time master degree program for finance professionals IBBSKff "unni^" i i i i i i i i i i r i i i r 3~~] m l T IE
      99 words

  • MALAYSIA/INDONESIA
    • 510 12 2 banks to offer rupiah accounts, insurer to provide hospitalisation cover Bloomberg [KUALA LUMPUR] Syariahcompliant finance companies in Malaysia are introducing services aimed at the 1.6 million migrant workers in South-east Asia’s largest importer of international labour. Malayan Banking and Bank Muamalat Malaysia will offer
      Bloomberg  -  510 words
    • 452 12  -  By in Kuala PAULINE NG in Kuala Lumpur TENAGA Nasional intends to build a 300 MW gas-fired power plant in Sabah in place of a proposed coalfired facility which was scrapped last month owing to environmental concerns. The national utility is looking to
      452 words
    • 440 12 Reuters [JAKARTA] Bank Rakyat Indonesia, the country’s second biggest lender, plans to slash its dividend payout ratio to 5 per cent this year to lift its capital base, spur loan growth and fund acquisitions. Bank Rakyat chief executive Sofyan Basir said that lifting its capital
      Reuters  -  440 words
  • Page 12 Advertisements
    • 299 12 WINE DINE AND HOSPITALITY BAITS OF PLEASURE Cast your net over 10 at Claymore and catch treasures such as ratinated Chilean 1 kissels and 1 ozer Bamboo Clams Tastefully prepared in special recipes, each will be presented in petite portions as part of our celebrated Plates of Pleasure menu. For
      299 words

  • GREATER CHINA/INDIA
    • 388 13 But it missed analysts’ estimates as costs to add handphone subscribers rose Bloomberg [BEIJING]China Telecom Corp, the country’s biggest fixed-line carrier, posted a fourth-quarter profit that rose 42 per cent yet missed analyst estimates as costs to add subscribers at the company’s mobile-phone unit
      Bloomberg  -  388 words
    • 235 13 AFP [NEW DELHI] India’s atomic energy regulator has said that driving or walking on the notoriously dangerous streets of New Delhi is more of a risk than the country’s 20 nuclear reactors. Srikumar Banerjee, chairman of the Atomic Energy Commission, sought to
      AFP  -  235 words
    • 54 13 [JINGDEZHEN] A pupil at Leping Fifth Elementary School holding a piece of paper with the Chinese character “water” written on it to celebrate the 19th World Water Day in east China’s Jiangxi Province yesterday. World Water Day, which falls on March 22, was designated by the UN General
      XINHUA  -  54 words
    • 289 13 Investment includes two soya facilities, a fertiliser plant Reuters [BRASILIA] China’s Chongqing Grain Group plans to invest four billion real (S$3 billion) in an agricultural complex in Brazil’s north-east, officials in Bahia state said on Monday, to boost food security in the
      Reuters  -  289 words
    • 347 13 Indian School of Business will decide on a new chairman Bloomberg [HYDERABAD] Former Goldman Sachs Group Inc director Rajat Gupta has sought to step down as chairman of a top Indian business school until an administrative action proposed by the US Securities and Exchange
      Bloomberg  -  347 words
    • 267 13 Pictet-Absl Rtn Glo Cons-P EUR 18.03.2011 EUR 100.65 Pictet-Absl Rtn Glo Div-P EUR 18.03.2011 EUR 113.75 Pictet-Asian Equities Ex Japan-P USD 18.03.2011 USD 174.64 Pictet-Asian Local Currency Debt-P USD 18.03.2011 USD 138.73 Pictet-Biotech-P USD 18.03.2011 USD 301.72 Pictet-CHF Liquidity-P 18.03.2011 CHF 124.17 Pictet-Clean Energy-P USD 18.03.2011 USD 81.83
      267 words
    • 436 13 But bill likely to miss April 2012 deadline for implementation Reuters [NEW DELHI] India’s government introduced a wide-ranging tax bill into Parliament yesterday, but opposition to the move threatened to derail one what is one of the coalition’s most ambitious reforms of its
      Reuters  -  436 words
  • Page 13 Advertisements
    • 11 13 ETH02L a member of ORIX WATCH OUT for the INSERTS today.
      11 words
    • 319 13 SMART Investment REGISTER ONLINE FREE ENTRY www.smartexpos.com/sg International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 26th (Sat) 27th (Sun) March 2011 11am 7pm Hall 404, SUNTEC Singapore International Exhibition Convention Centre Meet Star Investment Feng Shui Experts LIVE SMART THIS WEEKEND! Seminar Highlights Hey Options Investor, What's Your
      319 words

  • GREATER CHINA
    • 327 14 But they are pessimistic about govt’s pledge to improve market access Bloomberg [BEIJING] More US businesses in China said they were profitable last year even as they became increasingly pessimistic about the Chinese govern- ment’s commitment to improving market access, the American Chamber of
      Bloomberg  -  327 words
  • Page 14 Advertisements
    • 2614 14 Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Raffles City Convention Centre, Collyer Room, Level 4, 2 Stamford Road, Singapore *****2 on Thursday, 21
      2,614 words

  • WORLD
    • 292 15 New rules also aim to boost exports and cut bankruptcies AFP [ATHENS] Greek Competition Minister Michalis Chryssohoidis on Monday presented “a road map” to boost the troubled economy aimed at boosting competitiveness and supporting businesses in difficulty. The mooted measures include simplifying the rules
      AFP  -  292 words
    • 406 15 Reuters [LISBON] Portugal’s Parliament will vote on the government’s latest austerity measures today, setting the stage for a potential collapse of the minority Socialist administration a day before a European summit. Prime Minister Jose Socrates has threatened to resign if the opposition fails to
      Reuters  -  406 words
    • 368 15 Reuters AP [SANAA] Yemen’s president warned that the country would descend into civil war if he is forced to quit, refusing to give up power immediately even as he agreed to step down 20 months ahead of schedule. Relentless anti-govern-ment protests, which started on
      Reuters; AP  -  368 words
    • 537 15 Europe’s package to stamp out debt crisis falls short of original ambitions Bloomberg [LONDON] Europe’s efforts to tackle its sovereign debt crisis aren’t convincing money managers to buy bonds from the region’s most indebted nations. Work thrashing out a solution to the region’s debt
      Bloomberg; REUTERS  -  537 words
    • 721 16 It will shrink shares to 2.9b from 29b, pay out quarterly dividend of 1¢ per share Reuters [NEW YORK] Citigroup Inc will resume paying a nominal dividend after it uses a reverse stock split to shrink the number of shares outstanding, taking
      Reuters; AFP  -  721 words
    • 409 17 It expects sales growth to accelerate this year, earnings to rise about 10% Reuters [DUESSELDORF] Metro, the world’s No 4 retailer, is stepping up investment in fast-growing emerging markets and the Internet after beating 2010 profit forecasts, helped by cost cutting in weaker European
      Reuters; REUTERS  -  409 words
    • 428 17 Reuters [NEW YORK] Six former and current employees of a US unit of Bayer AG filed a class-action lawsuit against the company on Monday, alleging gender discrimination in pay, promotions and the treatment of pregnant women and mothers. The lawsuit, filed against
      Reuters  -  428 words
    • 347 17 AFP [ROME] French cheese giant Lactalis yesterday said it had reached a deal to take its total stake in Parmalat to 29 per cent despite a warning by Italy it would take measures to protect the dairy group. Lactalis, the world’s
      AFP  -  347 words
    • 262 17 Reuters [KARLSRUHE] Germany’s top appeals court ruled against Deutsche Bank yesterday in a 540,000 euro (S$971,460) damages claim over interest-rate swaps, dealing a blow to the flagship lender’s reputation. German mid-sized company Ille Papier Service had sought damages from Germany’s flagship lender,
      Reuters  -  262 words
    • 623 19 Rio Tinto also warns that disruptions pose threat to its expansion plans Reuters [TOKYO] A shortage of parts will force Sony Corp to cut production or suspend output at five more plants in Japan following the country’s catastrophic earthquake this month that has hit
      Reuters; REUTERS  -  623 words
    • 361 19 Reuters [WASHINGTON] China has missed a deadline to comply with a World Trade Organization ruling against restrictions on foreign companies distributing copyrightintensive goods like books, newspapers, films, DVDs and music, a US official said. “The US government is disappointed that China has not
      Reuters  -  361 words
    • 311 19 AP [WASHINGTON] The Supreme Court decided on Monday not to stop the release of Federal Reserve Board documents identifying financial companies that received Fed loans to survive the financial crisis. The high court, without comment, refused to hear an appeal from an
      AP  -  311 words
  • Page 15 Advertisements
    • 26 15 iMJ JACKPOT m 'a y. CO TOMORROW r <. 18 For details, visit www.singaporepools.com.sg Towards Community Purpose and Benefit I SINGAPORE m p n n i c
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    • 678 15 FINANCIAL INFORMATION FOR THE FISCAL YEAR ENDED OCTOBER 31, 2010 Consolidated Balance Sheets (in millions of Canadian dollars) October 31, October 31, 2010 2009 Assets Cash and due from banks 9,330 8,353 Interest-bearing deposits with banks 13,252 8,923 Securities Trading 149,555 140,062 Available-for-sale 43,776 46,210 193,331 186,272 Assets purchased under
      678 words

  • Page 16 Advertisements
    • 3051 16 Toll free: 1800-289-8822 Email: notices@sph.com.sg Cap/taLand CAPITALAND LIMITED (Regn. No.: *****0036N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the STI Auditorium, 168 Robinson Road, Level 9, Capital Tower, Singapore *****2,
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    • 2742 17 SINGAPORE COSCO CORPORATION (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0159G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard Suntec City, Singapore *****3, Meeting
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  • Page 18 Advertisements
    • 3431 18 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Notice of Annual General Meeting and Closure of Books NOTICE IS HEREBY GIVEN that the 43rd Annual General Meeting of the Company will be held at Raffles City Convention Centre, Collyer Room (Level 4), 2 Stamford Road,
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  • Page 19 Advertisements
    • 257 19 JPMorgan Global Natural Resources Fund We believe you shouldn't lose sleep over which natural resources to invest in. JPMorgan Global Natural Resources Fund offers easy access to a broad range of energy, metals and mining stocks in a single fund. As the world turns to nature to drive growth, make
      257 words

  • TransportHUB
    • 835 20  -  Private armed security on board ships under consideration By GEORGE JOSEPH ASIAN shipowners, outraged by the escalating and brutal attacks by Somali pirates on their ships and crew, are demanding that the United Nations and concerned governments act decisively to bring the situation under
      FILE PHOTO  -  835 words
    • 301 20 Reuters [COPENHAGEN] Container shipping will shake off an array of risks from Japan to the Middle East and rates will begin a seasonal recovery in the second quarter, the head of the world’s biggest container shipper said on Monday. Maersk
      Reuters  -  301 words
    • 788 20  -  The coming Singapore Maritime Week is about having a long-term view on shipping and people STRAIT TALK By DAVID HUGHES LAST year as Maritime Week approached, doubts were growing about how strong the recovery would be, but nevertheless the general mood was optimistic. A year on,
      788 words
    • 282 20 Reuters [FRANKFURT] The owners of Hapag-Lloyd have postponed a decision on floating the container shipping group, its majority owner said on Monday. “There will be no decision on an IPO (initial public offering) today,” a spokesman for the Albert Ballin consortium, which owns
      Reuters  -  282 words
    • 278 20 SGX '000 Mar 22 S$ +/-Vol CH Offshore 0.43 -0.01 425 Chuan Hup Hldg 0.22 unch 328 Cosco Corp 1.89 0.02 ***** CWT Ltd 1.22 0.04 1255 Ezra Hldgs 1.74 0.02 2289 First Ship Lea 0.42 0.01 176 Freight Links 0.06 -0.01 135 Grand Banks unch unch 0
      278 words
    • SEA ASIA 2011
      • 984 21  -  Efforts are on to make ship owners adopt environment-friendly rules early in Asia, which is a laggard in this area, reports VINCENT WEE reports VINCENT WEE This is the fourth in a five-part series brought to you by Sea Asia 2011 THE demands to become
        BLOOMBERG FILE PHOTO  -  984 words
      • 367 21  -  By VINCENT WEE THE green aspects of shipping affect not only shipping companies but port operators and regulators as well. Singapore, being a major transshipment port and global hub, is keenly aware of these elements and is doing its part to be
        367 words
    • TRANSPORT HUB: AVIATION
      • 422 22 Union wants to limit use of contract workers, pay rise of 4%, job security AFP [SYDNEY] Thousands of Qantas staff yesterday threatened strike action unless the airline did more to limit the use of cheap contract workers. Any walk-out would involve about 9,000 employees including
        AFP; AFP FILE PHOTO  -  422 words
      • 238 22 Analysts see 242% leap in Q4 profit on passenger load Reuters [ISTANBUL] Flag carrier Turkish Airlines is expected to post a 242 per cent jump in its fourth-quarter profit as it gained passengers and its fleet valuation rose on a stronger US dollar, a
        Reuters  -  238 words
      • 338 22 Reuters [JERUSALEM] Israel’s Civil Aviation Authority (CAA) on Monday ordered charter airline Sun D’Or to cease operations from April 1 because it failed to comply with regulations. The CAA said the airline, a wholly owned subsidiary of flag carrier El Al, relied
        Reuters  -  338 words
      • 267 22 Bloomberg [DALLAS] United Continental Holdings Inc and Delta Air Lines Inc may detail how Japan’s earthquake and radiation leaks have affected demand and plans for future flight capacity. Executives from the largest US airlines were likely to discuss the issues, along with rising fuel
        Bloomberg  -  267 words
      • 81 22 Reuters [SINGAPORE] Singapore’s Changi Airport Group, Asia’s fifth-biggest by number of passengers, said its passenger traffic grew 9.1 per cent in February compared to a year ago, boosted by Chinese New Year holiday. However the passenger traffic growth was slower compared to the 11.9 per cent
        Reuters  -  81 words
      • 3384 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 JL5083 2220 MU8214 2220 QF82 2220 LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293 0710 SQ531
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      • 414 22 Reuters [WASHINGTON] Two US commercial airline pilots have filed a lawsuit against new screening procedures for flight crews scaled back after complaints by pilots saying they were still too invasive and violated privacy rights. The US Transportation Security Administration on Oct 19 started
        Reuters  -  414 words
    • TRANSPORT HUB: LAND
      • 375 23 They are struggling with power cuts, dwindling supply of components AP [TOKYO] Toyota Motor Corp and Honda Motor Co are extending their shutdown of vehicle production in Japan amid a shortage of parts following a colossal earthquake and tsunami earlier this month. Japanese carmakers
        AP; REUTERS FILE PHOTO  -  375 words
      • 331 23 Bloomberg [MUNICH] Bayerische Motoren Werke set up a joint venture with Sixt, Germany’s biggest car rental company, to rent BMW 1-Series and Mini Cooper models by the minute, as the world’s largest maker of luxury vehicles vies with Daimler for urban customers. The 50-50
        Bloomberg  -  331 words
      • 327 23 Move to exit local venture frees it to add low-cost bikes Bloomberg [NEW DELHI] Honda Motor Co, the world’s biggest mo-torcycle-maker, may build a third factory in India as it quits a local venture and tries to boost sales in rural areas. The
        Bloomberg  -  327 words
      • 313 23 AP [LONDON] Kate Middleton will arrive at Westminster Abbey for her April 29 wedding in a Rolls-Royce that was damaged in December when Prince Charles and his wife Camilla were attacked by student protesters, officials said yesterday. The distinctive claret and
        AP  -  313 words
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  • Page 21 Advertisements
    • 412 21 Principal Sponsors Organisers Held in conjunction with Endorsed 12-14 April 2011 Marina Bay Sands® Singapore THE ASIANVOICE IN WORLD SHIPPING Over 50 industry experts have been lined up to take stock and examine the effects of the past few difficult years and see where we are headed next. Find out
      412 words

  • Page 22 Miscellaneous
    • 308 22 CRYPTIC CROSSWORD Across 1 Persuasion of French bird gripped by desire (12) 9 Urge one obstinate animal, endlessly in bother (9) 10 Macbeth? A new title inside (5) 11 Old Right, for example, concerned with state (6) 12 Study mime around Paris possibly (8) 13 One tries duck taken from
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  • Page 23 Advertisements
    • 22 23 China to act to deter Chinese consumers from "overseas shopping sprees" 中要留 To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      22 words
    • 347 23 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg In the Matter of The Companies Act, Cap. 50 And In the Matter of SMOE INTERNATIONAL PTE LTD (Company No. *****5509H) (In Members’ Voluntary Liquidation) Notice is hereby given that at an Extraordinary General Meeting of SMOE
      347 words
    • 407 23 IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF OLIVE GROUP PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****4536W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 22 nd Floor, Al Thuraya Tower 01, Dubai
      407 words
    • 392 23 CHINA FASHION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No: *****1696K) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 23 March 2011 issued by China Fashion Holdings Limited (the “Circular”). NOTICE IS HEREBY
      392 words
    • 1188 23 SP Corporation Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****0115K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 58 th Annual General Meeting of SP Corporation Limited (the "Company' the NTUC Centre, No. 1 Marina Boulevard, Room 801 Level 8, One Marina Boulevard, Singapore
      1,188 words

  • EDITORIAL & OPINION
    • 509 24 EDITORIAL MALAYSIA’S central bank, Bank Negara Malaysia (BNM), is continuing with its creeping tight money policy. Until recently, the central bank held the policy rates steady at 2.75 per cent but pushed up the statutory reserve ratio (SRR) by one percentage point to 2
      509 words
    • 757 24  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter @FrankChing1 WITH Taiwan’s presidential election barely a year away, public opinion polls show that President Ma Ying-jeou is losing ground. Survey results released by
      757 words
    • 1192 24  -  London conference shows how big oil play the game of risk big-time RONNIE LIM Energy Editor IT’S been a triple tragedy in Japan. The world anxiously watches the earthquake and tsunami-hit nation tackle another scary front: the disastrous malfunctioning of a nuclear power plant.
      AFP  -  1,192 words
    • 1225 25  -  Asian governments should raise taxes and cut spending to curtail demand and, ultimately, price pressures By FREDERIC NEUMANN The writer is managing director and co-head of Asian Economic Research forHSBC ASIA is grappling with inflation. Although it is easy to shrug off the current
      BLOOMBERG  -  1,225 words
    • 800 25  -  By MARTIN DUSINBERRE HOW did Japan’s nuclear industry get here? As the world digests the appalling images from Fukushima of reactors crippled by the earthquake and tsunami, the question springs to mind how a country that experienced the horrors of nuclear weapons in 1945
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  • SINGAPORE STOCKS
    • 8389 26 Transaction date: Mar 22 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 52-wks High Low 21 14.5 8Telecom 17.5 16.5 18 7.8 3.5 3.7 83.8 12 4.5 A-Sonic 6.5 6 7 2
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    • 1564 27 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 130 t APStrategic 160 155 167 94.9 1.5 0.5 t Advanced System 0.5
      1,564 words
    • 9644 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.32/ APS Alpha Fund (USD)!** 1.04/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
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    • 242 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A50.5cd 50 3.6 6.9 4 131.5 55 16 Genting HK US$ US41 +1 ***** 41 39.5 40.5 41 2699.7 21 8 Over&Gen A14 19
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    • 836 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112.3 111.5 112.9 512.6 1070 761 CIMBAsean40 100US$ US1016 +2 13 1018 1014 1010 1014 40.6 350 270 DBS STI
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  • Page 26 Advertisements
    • 66 26 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 B1-19 THE SHOPPES AT MARINA BAY SANDS (65) 6634 8825 SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 THE SHOPPES AT MARINA BAY SANDS (65) 6634 9782 VIVOCITY (65) 6278
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  • FINANCE & COMMODITIES
    • 374 28 In local curr In S$ In US$ dy yr dy yr dy yr Mar 21 Index Change Change Change Change Change Change World Index Preliminary 904.2 1.4 0.7 1.0 1.0 1.6 2.1 EAFE Preliminary 782.2 1.3 -2.3 1.0 -0.6 1.6 0.5 Europe Preliminary 1163.4 1.7
      374 words
    • 180 28 Mar 22 $S Offer Bid 0vernight 0.01 PAR 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.38 0.28 2 months 0.43 0.33 3 months 0.48 0.38 6 months 0.58 0.48 9 months 0.80 0.60 12
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    • 22 28 Mar 22 S$ Bid Offer 1-month 1.2631 1.2641 2-months 1.2629 1.2640 3-months 1.2628 1.2638 6-months 1.2622 1.2632 Source: OCBC
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    • 155 28 Mar 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 570.0 550.3 554.0 32 May 11 554.0 554.0 558.0 4 Jun 11 554.0 548.0 558.0 8 Jul 11 552.0 546.0 558.0 8 Aug 11 560.0 560.0 558.7
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    • 81 28 Mar 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 16.06.2011 0.24 0.2 0.19 1-Year BY*****N 01.11.2011 0.36 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.5 102.55 102.52 5-Year N*****0S 2.875 01.07.2015 108
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    • 107 28 Mar 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1363.00 1362.50 1376.75 1351.50 Jul 11 1373.00 1371.50 1385.00 1360.75 Aug 11 1369.50 1367.25 1378.00 1358.25 Sep 11 1357.50 1350.75 1359.50 1343.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 55.88
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    • 77 28 CRUDE OIL PRODUCTS Mar 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 115.52 1.19 WTI (Near Mth) 102.32 0.92 Dubai (1-Mth F) 109.65 0.67 Tapis blend 121.27 0.48 Minas 118.47 0.68 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.33 0.05 Jet Kerosene 132.75 -1.65 US$/barrel Opec Oil
      77 words
    • 2713 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 20 -0.5 32 1 10 -13 1.73 56 Asia-Pacific Strategic W*****6 26 1 150 10 6.15 38 ASJ Hldgs W*****1 1 unch 194 1 4 11 4.50 11
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    • 121 28 Mar 22 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.314 1.24 Can dollar 1.317 1.267 Euro 1.833 1.763 Sterling pound 2.102 2.022 NZ dollar 0.957 0.912 US dollar 1.284 1.235 Local dollars to 100 units of foreign
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    • 27 28 Mar 22 Open High Sett STI Mar 3003 SIMSCI Mar 351.3 355.6 355.0 Taiwan Mar 299.1 302.3 300.3 Source: MF Global (S) Pte. Ltd
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    • 65 28 Mar 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3438 3360 3445 3345 565 4630 May 11 3419 3335 3429 3318 3960 ***** Jun 11 3394 3308 3402 3291 ***** ***** Jul 11 3370 3293
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    • 469 28 Mar 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6300 0 1893 Sep11 99.5500 0 3875 Dec11 99.4300 0 2023 Mar12 99.2250 0 668 EUROYEN TIBOR FUTURES Jun11 99.6700 99.6725 99.6700 99.6725 0 2946 Sep11 99.6700 99.6700 99.6700 99.6700 0 866 Dec11 99.6550 0 1936
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    • 464 28 Mar 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.985 6.616 0.709 7.868 45.397 87.924 0.817 11.311 3.056 1.363 86.178 43.727 1.275 6.963 0.913 29.806 30.509 0.618 1.009 Canada 1.015 6.714
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    • 85 28 Mar 22 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 28 Mar 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2747 1.2758 1.0090 1.0091 Canadian dollar 1.2932 1.2951 1.0236 1.0244 Euro 1.7982 1.8001 1.4234 1.4238 NZ dollar 0.9351 0.9361 0.7402 0.7404 Sterling pound 2.0633 2.0656 1.6333 1.6338
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    • 137 28 GOLD (US$/oz) Mar 22 Mar 21 Hong Kong 1429.50 1426.20 Mar 21 Mar 18 London 1432.00 1418.77 1433.00 1419.54 Source: Thomson Reuters CAST BAR Mar 22 (S$) Selling Buying Kilobar "62,309.31" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 58 5gm 396 291 10gm 708 581 20gm
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    • 71 28 Mar 21 Mar 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2543.50 2536.75 3 months 2576.00 2560.00 Copper, Grade A (US$/tonne) Cash 9390.50 9512.50 3 months 9431.00 9510.00 Lead (US$/tonne) Cash 2669.50 2699.00 3 months 2645.00 2677.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 82 28 Mar 21 COCOA (£/tonne) Close Prev High/Low May 11 2050 2003 2069/1988 Jul 11 2051 2008 2068/1994 Sep 11 2056 2018 2073/2005 Dec 11 2063 2028 2076/2013 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2575 2550 2593/2555 May 11 2613 2596 2639/2597 Jul 11 2453 2436 2460/2436 Sep 11
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  • 6043 29 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
    6,043 words
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  • Page 30 Advertisements
    • 46 30 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      46 words

  • executive Money
    • 1770 31  -  Many economists are guessing and then second-guessing how Japan’s nuclear catastrophe will affect the global economy By JEFF SOMMER NYT THErisksareclearenough in hindsight. The Tokyo Electric Power Co built its Fukushima Daiichi nuclear power plant nearly 40 years ago to withstand a powerful earthquake
      NYT; REUTERS  -  1,770 words
    • 1230 32  -  Growth in the emerging economies is expected to continue to outpace the developed world’s this year By ALAN AYRES, CHRISTOPHER WYKE Alan Ayres is Schroders Emerging Market Equity Product Manager and Christopher Wyke is its Emerging Market Debt, Commodities and Currencies Product Manager
      REUTERS  -  1,230 words
  • Page 31 Advertisements
    • 266 31 WASHINGTON'S SPENDING PUSHES DOWN THE GREENBACK? t Create Order(s) I Buy/Sell: Amount: Order type Price: Duration: vN Seize the opportunitie Y There are opportunities in every market. The challenge is discovering where they are. Intelligent investors use Saxo's leading trading and advanced research tools to find them. Backed by our
      266 words

  • Page 32 Advertisements
    • 80 32 FX/CFD trading Trade Singapore share CFDs with 0.15% commission and Direct Market Access giMSCl I Guaranteed market price for all Singapore and global share CFDs. Award-winning online platform with Direct Market Access. No GST, no exchange fees, no clearing fees and optimum protection for client funds. Find all you need
      80 words