The Business Times, 1 June 2011

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Microfilm: NL31533
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, June 1,2011
    17 words
  • Article
    Lock icon SGX slices and dices to help cut trade cost
    827 1  -  Tick size cut billed to bring annual savings of 1.7b but not all convinced change will improve liquidity By JAMIE LEE [SINGAPORE] The Singapore Exchange (SGX) will shave its minimum bid size for securities from July 4 a move that has
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  • Article
    Lock icon MARKETS DIGEST
    145 1 G ST INDEX 3,159.93 (+19.33) G ST INDEX FUTURES 3,160 (+19) G SIMSCI 368.43 (+2.70) G SIMSCI FUTURES 368.40 (+2.20) FOREX US$ S$ US$ (S$ per US$) 1.231 (US$/S$ per 1.651 2.033 EURO (US$/S$/E) 1.441 1.775 Foreign currency per US$ S$ YEN 81.60 66.20 RM 3.010 2.444 HK$
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  • Article, Illustration
    Lock icon Another super car in his rear view mirror
    529 1  -  Lamborghini dealer closes in on brand whose cars sell for over $3m apiece By SAMUEL EE [SINGAPORE] Melvin Goh, the man whose name has become synonymous with the Lamborghini brand here after 10 years, is understood to be close to securing the
    FILE PHOTO  -  529 words
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      11 1 EXEC MONEY Blackrock CEO bullish on US equities PAGE *****1 *****4
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      46 1 CORRUPTION ALLEGATIONS Fifa scandals upset top football sponsors PAGE 4 Letter to the Editor: Reducing securities minimum bid size may backfire, Page 21 TransportHUB Pirelli’s biggest tyre plant set to be in China PAGE 24 STRAIT TALK: Armed guard issue still a legal minefield PAGE 22
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      77 1 ARTS FESTIVAL Two’s company, three’s a collaboration PAGE 12 795" o Passion 1000 AIGLIA 2006: Jacky Ickx K.-F. Scheufele Porsche 550 A Spyder 1955 ED 1 e> o in lOOO AIGLIA n i TURI IVIO XL V r m w f COLLECTION 1000 MIGLIfi GT XL CHOPARD BOUTIQUES #01-03 Takashimaya
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  • TOP STORIES
    • Article
      Lock icon Business loans bolster bank lending in April
      418 2  -  Construction sector leads broad-based growth in loans By CONRAD TAN [SINGAPORE] Bank lending continued to climb in April, rising 2.2 per cent over the month to $351.1 billion, as business loans expanded rapidly. Total Singapore-dollar lending by banks here grew by 21.9 per
      418 words
    • Article
      Lock icon Japan’s industrial output rises, but threats multiply
      742 2  -  Moody’s latest to place govt debt under review for possible downgrade By in ANTHONY ROWLEY in Tokyo WITH Japan’s Prime Minister Naoto Kan facing the threat of a no-confidence motion being submitted against him in parliament as early as today, rating agency Moody’s
      742 words
    • Article, Illustration
      Lock icon Kiwi hits record high on talk of rate hike
      478 2  -  Firm trade surplus, growing confidence boost NZ dollar By EMILYN YAP [SINGAPORE] The New Zealand dollar rose against several major currencies and the Singapore dollar yesterday, on speculation that the country could raise interest rates on the back of a strong
      Source: Bloomberg  -  478 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      635 2 SGX slices and dices to help cut trade cost THE Singapore Exchange will shave its minimum bid size for securities from July 4 a move that has drawn mixed reactions on whether it would boost liquidity, even with the cut in trading costs. SGX said yesterday that this
      635 words
    • Article, Illustration
      Lock icon Fifa scandals upset top football sponsors
      652 4  -  It’s distressing and bad for the sport, says Coca-Cola By LEE U-WEN [SINGAPORE] Two of football’s biggest corporate sponsors have expressed concern over the corruption allegations plaguing Fifa, despite president Sepp Blatter denying that the association was experiencing a crisis. Coca-Cola, a major spon-
      AP  -  652 words
    • Article
      Lock icon S-chips turn on the charm and reach out
      749 4  -  Plant visits arranged and industry body being set up soon to improve image By LYNETTE KHOO [SINGAPORE] S-chips or Chinese firms listed here are on a charm offensive, organising plant visits and set to join an industry body to repair the cluster’s
      749 words
    • Article
      Lock icon Tenaga shares jump 9% on tariff hike
      510 4  -  Adoption of mechanism to adjust for gas price hikes seen as positive for utility company By PAULINE NG in Kuala Lumpur TENAGA Nasional jumped nearly 9 per cent to RM7.11 yesterday after the government approved an average 7 per cent tariff hike, to
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      612 2 Goods and ServicesTax (GST) Seminar Making GST Work forYour Business: Gearing up for GST F5 Filing Date Tuesday, 12 July 2011 Time 9.00am to 5.30pm Venue Orchard Hotel Singapore Seminar Fees Client/KPMG Alumni S$396 per participant Non-client S$450 per participant A discount of 5% will be given for groups of
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      23 2 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices j MATS NOTICES 3|
      23 words
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      26 4 nortonrose.com NORTON ROSE Now landed: Atop ten international legal practice Ogilvy Renault and Deneys Reitz have joined Norton Rose Group 2600 lawyers 5 continents 1 vision
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      149 5 Driving imagination. The first Audi A7 Sportback, unveiled. The Audi A7 Sportback is a unique expression of refined technology and beauty, setting the benchmark for a luxurious lifestyle. Articulated by flowing lines, the Audi A7 is a moving sculpture chiseled to an exquisite elegance. Beautiful inside out, it marries form
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon AusGroup share price falls 7% as CEO quits
      468 6  -  Sudden resignation follows board’s annual performance review: acting CEO HOT STOCKS By VICTORIA HO AUSGROUP’S CEO John Sheridan has resigned with immediate effect, sparking a 7 per cent drop in the company’s stock price yesterday. Stuart Kenny, who stepped in as acting
      468 words
    • Article
      Lock icon Artivision takes another hit
      216 6 IN what could be a reality check, the stock of Catalist-listed Artivision Technologies took another hard knock yesterday, the second time in the past three trading days. The counter plunged almost 28 per cent in price, shedding 6 cents to close at 15 cents. This was
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    • Article
      Lock icon At OCBC, HDB loan documents are Crystal Mark clear
      384 6  -  Bank is now refining e-mail messages, letters, SMS as well By MAXIE AW YEONG FORGET about confusing, jargon-filled HDB mortgage application documents OCBC Bank recently attained the Crystal Mark for making its HDB Home Loan documents clear and understandable for customers.
      384 words
    • Article
      Lock icon Transcu in deal to lease its fuel system
      474 6  -  By VEN SREENIVASAN IN a development which could mark a turning point for the company’s emulsion fuels business, main-board-listed Transcu Group has inked a deal worth up to US$1.5 million to lease 30 units of its Na-no-Emulsion Fuel System (NEFS) to Japanese
      474 words
    • Article
      Lock icon ST Engg JV to develop observation satellites
      236 9 ST Engineering has set up a joint-venture company with Nanyang Technological University (NTU) and DSO National Laboratories to develop advanced earth observation satellites. The new company, ST Electronics (Satellite Systems), will be a new and complementary addition to its existing satellite communications and
      236 words
    • Article, Illustration
      Lock icon Key shareholders confident, says China Minzhong
      430 9  -  Company says it is natural for equity firms to liquidate investments By MINDY TAN CHINA Minzhong Food Corporation yesterday said that its substantial shareholders have confidence in its prospects, despite recent share transactions. In a recent response to a query by the Singapore Exchange
      FILE PHOTO  -  430 words
    • Article
      Lock icon Sarin Tech sparkles with its Galaxy1000
      383 9  -  By VEN SREENIVASAN MAINBOARD-LISTED Sarin Technologies is ramping up deliveries of its leading-edge Galaxy1000 diamond mapping system, which has been instrumental in boosting both its top line and bottom line over the past year. After delivering over 20 Galaxy systems by the end of
      383 words
    • Article
      Lock icon Nomura cautious on profit outlook for Genting S’pore
      461 9  -  It sees listed firm lying low in wake of CRA’s junket probe By GRACE LEONG AT least one investment analyst is staying conservative on the profit outlook for Genting Singapore after what it perceived to be the casino operator’s “downbeat outlook of
      461 words
    • Article
      Lock icon Yongnam bags HK$300m express rail deals
      234 10 YONGNAM Holdings has clinched specialist civil engineering sub-contracts worth HK$300 million (S$48 million) for the Hong Kong Section of the Express Rail Link (XRL). The structural steel contractor and specialist civil engineering solutions provider secured the jobs through wholly owned Yongnam Engineering (HK). The
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    • Article
      Lock icon May market cap slips to $847.1b amid woes
      759 10  -  Sentiment hit by eurozone and Chinese slowdown jitters By LYNN KAN “SELL in May and go away” seemed exactly what happened to the Singapore market for the month of May. Eurozone woes and worries about a Chinese slowdown gave the local bourse
      759 words
    • Article, Illustration
      Lock icon Spice i2i loss widens for Jan-March quarter to US$4m
      486 10  -  By FELDA CHAY INTERNET telephony company Spice i2i’s net loss widened to US$4.1 million for the January-March quarter, from US$468,000 a year ago, despite sales contributions from its acquisitions in Malaysia and Thailand. The company attributed the bigger fall to higher
      FILE PHOTO  -  486 words
    • Article
      Lock icon Cosco stock gets a boost from finalising of rig deals
      566 10  -  The counter closed at $1.97, four cents or 2.1% higher yesterday By JOYCE HOOI INVESTORS breathed a little bit more easily yesterday on news that Cosco Corporation (Singapore) Limited’s contracts for two drilling rigs with Sevan Drilling had been made
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      181 6 PRODUCTIVITY AND TECHNOLOGY SEMINAR Your organisational growth and success depend on your commitment, intelligent planning and efforts Join us on 10 June to explore ways to improve productivity through the use of technology such as RFID and other IT applications. Hear from industry experts on the various concepts of productivity.
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      160 6 <iV. a V FUTlRECHirA SINGAPORE FutureChina Global Forum 2011 11 -12 July 2011 The Ritz-Carlton, Millenia Singapore China in the Next Phase: Marching to a New Drumbeat Featuring insights and analyses by an eminent and diverse collection of more than 40 speakers including I ft Organizer BUSINESS CHINA Platinum Sponsors
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      132 7 www.vw. com. sg With great power comes great responsibility. TO5 e/ Or i 2 l/OB n 9032 NT 51 The new Touareg Hybrid. With 380 bhp the new Touareg Hybrid is one of the most powerful hybrid SUVs on the road. Its supercharged 3.0 V6 TSI engine, together with an
      132 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon HK’s jump helps push stocks up
      599 8  -  Turnover improved to 1.1b units worth $1.6b from Monday’s year-low of $836m STOCKS R SIVANITHY Senior Correspondent THANKStoalargebounce in Hong Kong’s Hang Seng Index and a likely bout of month-end-ing window-dressing, the Straits Times Index (STI) yesterday rose 19.33 points to 3,159.93. Traders also
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 4 0 0 0 9 3 4 Manufacturing 48 46 64 2 4 12 50 50 76 Commerce 21 17 22 3 3 2 24 20 24 Tpt/Stor/Comms 23 9 9
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 32,371 32,371 115,834 115,834 Manufacturing 206,649 10,617 217,266 256,931 827 257,758 Commerce 73,112 7,007 80,119 126,601 1,457 128,058 Tpt/Stor/Comms 115,105 1,810 116,915 222,078 317 222,395 Finance 23,518 52 23,570 258,860 7 258,867 Construction 26,688 1,721
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 8 Stock name Close Change CapMallsAsia 1.600 -0.030 CapitaLand 3.090 CapitaMall 2.000 +0.040 CityDev 11.340 +0.240 ComfortDelGro 1.470 +0.030 DBS Grp 14.800 +0.020 F&N 6.140 +0.040 GLP 2.000 +0.010 Genting SP 1.990 Golden Agri 0.690 -0.005 HK Land 7.410 JMH 52.400 +0.160 JSH 29.860 +0.360 Jardine C&C
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 May 31 VALUE CLOSE BT OB/OS -127.00 +253.0 BT CADI -*****.00 +80.00 BT 10-day MA -*****.00 -12.00 FTSE ST Mid Cap 760.46 +4.53 FTSE ST Small Cap 529.14 -0.72 FTSE ST All Share 773.23 +4.35 FTSE ST China Top 261.88 +0.74 FTSE ST China 298.58 -0.19 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Artivision 73,239,000 Golden Agri 64,302,000 Genting SP 45,276,000 MapletreeCom 29,494,000 Nam Cheong 27,426,000 Noble Grp 25,508,000 CapitaMall 24,990,000 GLP 20,956,000 SingTel 20,898,000 IndoAgri 20,341,000 VALUE($) IS MSCI India 100 122,627,771 DBS Grp 93,645,359 Genting SP 90,392,970 UOB 67,700,270 SingTel 66,741,090 Keppel Corp 64,668,080 Wilmar 63,953,760 OCBC
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    • Article, Illustration
      Lock icon Yen drops on Moody’s Japan debt warning
      471 8 CURRENCIES AFP [TOKYO] The US dollar jumped against the yen in Asian trade yesterday after ratings agency Moody’s said it could lower Japan’s Aa2 government debt rating. The greenback rose to 81.23 yen in Tokyo afternoon trade from 80.79 yen in late Monday
      AFP; BLOOMBERG  -  471 words
    • Article
      Lock icon RISES
      114 8 BY CENTS CLOSE UP DBXT DBCBDJUBS 10US$ 3892 236.3 5.2 DBXT Nifty 10US$ ***** 226.5 1.5 DBXT MSKorea 10US$ 6433 158.8 2.0 DBXT MSJAP 10US$ 3796 75.1 1.6 DBXT MSAsExJp 10US$ 3466 73.9 1.8 DBXT SPASX200 10US$ 3675 66.5 1.5 GLD 10US$ ***** 66.5 0.4 Pru 500US$ 1220 66.5
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    • Article
      Lock icon FALLS
      116 8 BY CENTS CLOSE DOWN IS DJ US Tech 6630-259.7 -3.1 SIA 200 1346 -74.0 -5.2 DBXT S&P Short 10US$ 4155 -44.3 -0.9 SC Global 91 -43.0 -32.1 UE 219 -15.0 -6.4 Hyflux 6% CPS 10 ***** -14.0 -0.1 GuocoLand Ltd 214 -9.0 -4.0 Artivision 15.5 -6.0 -27.9 CerebosPac 506
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      139 8 Date Time Topic Venue 02/06/11 (Thu) 7pm 8pm Using Technical Analysis in Stock Indices Raffles City Tower Level 7 06/06/11 (Mon) 7pm 8pm Introduction to MSCI Singapore Index Futures (SiMSCI) Raffles City Tower Level 6 07/06/11 (Tue) 7pm 8pm Understanding Forex Trading Raffles City Tower Level 7 09/06/11 (Thu) 7pm
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      200 9 w r* i C m A 2 W ice f i e: lAD &D A Taste of Finland at Gordon Grill 4-11 June 2011 Gordon Grill will be abuzz with an exciting New Finnish Cuisine Promotion by Guest Chef Kim Palhus, Chef and Food Beverage Development Manager of Hanasaari the
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      104 10 l/y/'7 JACKPOT O. s. '2 r\ <2* RCB Reg No: *****0202G TOMORROW For details, visit www.singaporepools.com.sg Towards Community Purpose and Benefit SINGAPORE m Collective Sale By Tender Prime Freehold Site Pasir Panjang Hill Site Area: 5,116.1 Sqm Plot Ratio: 1.4 Hill Top Residential Enclave Possible Sea or/and Greenery Views Tender
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      224 10 Communicftsia2011 [nt8roriseMT2011 Marina Bay Sands Suntec Singapore 21-23 JUNE 2011 10:30am 6pm 24 JUNE 2011 10:30am 4pm 4 V PAS Asia's Most Relevant Comprehensive ICT, Digital Media Entertainment Event Witness the latest technologies in 3D, Cinematography, Cloud Computing, HbbTV, HD Technology, NextGen Services Applications, OEM/ODM in Action, Production/Post Production, Sustainable
      224 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Insurance firms most concerned over regulation
      370 11  -  Capital requirements to meet EU’s Solvency II also on their minds: survey By GENEVIEVE CUA REGULATION and the availability of capital to meet tough requirements are the top concerns of insurance companies globally, a survey has found. The big concern on the horizon is
      370 words
    • Article, Illustration
      Lock icon LinkedIn setting up regional HQ in Singapore
      400 11  -  By MINDY TAN LINKEDIN, the world’s largest professional network, announced yesterday that it is opening the company’s Asia-Pa-cific headquarters in Singapore. Supporting existing markets in Australia and India, the Singapore headquarters will be used as a launch pad for further regional expansion. The
      AFP  -  400 words
    • Article
      Lock icon Ng Eng Hen named new Leader of the House
      444 11  -  By LEE U-WEN WHEN the new term of Parliament kicks off later this year, the House will have a new Leader at the helm in Defence Minister Ng Eng Hen. Dr Ng, the Deputy Leader before Parliament was dissolved in April
      444 words
    • Article
      Lock icon $40m fund to liven medtech scene
      224 11 IN line with the Research, Innovation and Enterprise 2015 plan, the government is establishing a $40 million fund to encourage the formation and growth of more medical technology start-ups. The fund will be managed by Spring Singapore’s investment arm, Spring Seeds Capital, under a
      224 words
    • Article, Illustration
      Lock icon 2’s company, 3’s a collaboration
      592 12  -  In 2, Chinese contemporary dancer Tao Ye works with dancer Duan Ni and musician Xiao He, reports CHEAH UI-HOON SINGAPORE ARTS FESTIVAL CHEAH UI-HOON HAVING parted on bad terms with his previous dance companies before forming his own, it’s no wonder that Tao Ye is
      592 words
    • Article, Illustration
      Lock icon Performance shocked but did not awe
      596 12  -  Intentions behind abstract show are lost on the audience By NATALIE KOH IF Lemi Ponifasio aimed to shock with Saturday night’s performance of Tempest: Without A Body, he sure did, even though it was hardly enlightening and far from pleasant. As if on purpose,
      LEMI PONIFASIO  -  596 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (May 31,2011)
      279 12 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.07.2011 NX*****H 2001 3 5/8 6800.00 1/1 1/7 150 100.26 0.58 SG**********
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    • Article
      Lock icon Minimum Sums raised for CPF, Medisave
      213 12 THE Central Provident Fund Board yesterday announced changes in the CPF Minimum Sum, Medisave Minimum Sum, and Medisave contribution ceiling. From July 1, the CPF Minimum Sum (MS) will be revised to $131,000. Members who set aside the MS fully in cash can apply
      213 words
    • Article
      Lock icon Low Yen Ling appointed Business China CEO
      339 12 WITH effect from today, former Economic Development Board (EDB) director Low Yen Ling will succeed Josephine Teo as the chief executive officer of Business China. Ms Low is the third CEO of Business China, a non-profit organisation started in 2007 to foster close
      339 words
    • Article
      Lock icon Mixed-use, hotel, EC sites added to reserve list
      607 13  -  Paya Lebar Central mixed-use plot seen drawing bids of $860-$940 psf ppr By UMA SHANKARI THREE new 99-year leasehold state land parcels were released for sale yesterday: a 2.07 hectare mixed-use site at Paya Lebar Central; a 0.38 ha hotel site at
      607 words
    • Article
      Lock icon Pasir Ris DBSS site gets $123.9m top bid
      348 13  -  By EMILYN YAP A PUBLIC housing site under the Design, Build and Sell Scheme (DBSS) at Pasir Ris Central/Pasir Ris Drive 1 attracted a top bid of $123.9 million, or $281 per square foot per plot ratio (psf ppr), when its tender
      348 words
    • Article, Illustration
      Lock icon Viridian in Balestier previews at $1,550 psf on average
      354 13  -  By UMA SHANKARI INDUSTRIAL developer Global Orion Properties has ventured into the residential arena with its 108-unit The Viridian in the Balestier area. Units at the freehold project are priced at an average of $1,550 per square foot (psf), with overall
      354 words
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      84 11 LANXESS Energizing Chemistry k GREEN TYRES ENERGIZED BY This is where the rubber meets the road in sustainable mobility. As a leading specialty chemicals company, we have made "green tyres" possible. Tyres which combine high performance with fuel conservation and environmental protection by using our innovative synthetic rubbers. The result
      84 words
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      164 13 hevrolet.com.se DYNAMIC ml if ■hr IMIMIMI 11 iiairi T S LLU -h I Li nJP r^ str: ?.n "7 IIJ 5/ 1 w; ML $123,999 CAPTIVA 1 :~SV-VJ. 'II illll Eg? 1 MillII 111 The new 2011 Captiva has been re-designed and built to an even higher degree of detailing,
      164 words
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      64 14 Achieving Excellence Always aiming for perfection, we are No.1 in various fields. Our publications have garnered numerous international honours, including the WAN-IFRA Asia Media Awards and MPAS Magazine Awards. As a group, we have been named the Most Transparent Company by the Securities Investors Association's Investors Choice Awards, among others.
      64 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Carlyle, Suntory in race to buy 30% stake in GarudaFood
      520 15 Reuters [JAKARTA] Private equity firm Carlyle Group and Japanese brewer Suntory are leading a race to buy a 30 per cent stake in Indonesian consumer firm GarudaFood worth over US$200 million, three sources with knowledge of the deal said yesterday.
      Reuters; BLOOMBERG  -  520 words
    • Article
      Lock icon UDA Holdings in debt, needs government aid
      624 15  -  Chairman discloses problems in defence against Umno critics, Utusan Melayu By S JAYASANKARAN in Kuala Lumpur THE former Urban Development Agency, now corporatised as UDA Holdings, revealed yesterday that it was indebted to the tune of over RM700 million (S$286.6 million) and needed
      624 words
    • Article
      Lock icon KL pact designed to end maid abuse: Jakarta
      278 15 AFP [JAKARTA] Indonesian domestic helpers will enjoy better working conditions in Malaysia under a new agreement between Jakarta and Kuala Lumpur designed to end abuse and torture, a minister said yesterday. Indonesian Manpower and Transmigration Minister Muhaimin Iskandar said the agreement signed
      AFP  -  278 words
    • Article
      Lock icon Chances of early KL elections dashed by power price hike
      619 15 PM Najib Razak will have to first tackle public backlash Reuters [KUALA LUMPUR] Malaysia’s increase in power tariffs and the possibility of a similar move on fuel as global oil prices surge make any chance of an early general election
      Reuters  -  619 words
    • Article
      Lock icon Indonesia seen leading growth in coal exports
      393 15 Reuters [NUSA DUA, Indonesia] Indonesia will lead global growth in thermal coal exports in the next decade with producers Bumi Resources and Adaro Energy becoming two of the top three coal exporting companies worldwide by 2015, energy consultancy Wood Mackenzie said. The country,
      Reuters  -  393 words
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      176 15 Having Chest Pain? Feeling Breathless? Suffering from Palpitations? Consult us for these cardiac problems and we will provide you with the best possible solution. Cardiology range of services includes: General Cardiology Consultation Evaluation of Palpitations Implantation of Pacemakers and LCDs v Comprehensive Heart Screening v Echo-Cardiography-Based Cardiac Imaging v Low
      176 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Commodities in China set for comeback
      586 16 Narrower arbitrage, smaller stock, more demand are factors Reuters [SHANGHAI] There are early signs that China’s appetite for overseas oil, copper, aluminium, iron ore and coal will recover in the second half of 2011, having been dogged for much of the first half by
      Reuters  -  586 words
    • Article
      Lock icon Beijing hikes electricity tariffs for businesses, farmers
      562 16 Prompted by worst power shortages on record, move could exacerbate inflation Bloomberg [BLOOMBERG] China raised electricity prices for businesses and farmers for the first time in more than a year, threatening to exacerbate inflation as the nation aims to curb power shortages that
      Bloomberg  -  562 words
    • Article, Illustration
      Lock icon DEAD AND GONE IN A PUFF
      54 16 INDIAN street children wearing human skull masks during a ‘World No Tobacco Day’ awareness rally in Kolkata yesterday. According to the World Health Organization, this year, the tobacco epidemic will kill nearly 6 million people, including some 600,000 non-smokers who will die from exposure
      AP  -  54 words
    • Article
      Lock icon India’s growth at slowest in 5 quarters
      495 16 Reuters [NEWDELHI] India’s economy grew at its slowest pace in five quarters during the March quarter, as rising interest rates crimped consumption and investment, although the central bank is expected to continue tightening rates in its battle against inflation. Annual gross domestic product
      Reuters  -  495 words
    • Article
      Lock icon Vedanta seen to accept Cairn deal conditions
      386 16 Bloomberg [NEW DELHI] Vedanta Resources plc may accept the Indian government’s conditions for approving its planned US$9.4 billion bid for control of Cairn India Ltd as high crude oil prices make the deal attractive, investors said. London-based Vedanta may agree to pay its
      Bloomberg  -  386 words
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      63 16 Choice Community Indian Singap° re g(U H""" t Stumpy takes s 5=s5S§3 India prci**** •SagfSS ..'4 0 > 1 Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. An English weekly available free every
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      11 16 www.omy. sg I'iTil 0 IVI s5= IF -1 showbiz, omy.sg ra^aaii
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  • WORLD
    • Article, Illustration
      Lock icon Lagarde courts Brazil with vow to reform IMF
      474 17 As world tour kicks off, she pledges bigger voice for emerging economies Reuters [BRASILIA] French Finance Minister Christine Lagarde pledged to push reforms to give Brazil and other emerging economies more influence at the International Monetary Fund as she kicked off a
      Reuters; REUTERS  -  474 words
    • Article, Illustration
      Lock icon Oxfam calls for food system overhaul
      584 17 Group warns that millions more will be gripped by hunger AFP [PARIS] In a couple of decades, millions more people will be gripped by hunger due to population growth and climate-hit harvests, British-based aid group Oxfam warned yesterday. “The food system is buckling under
      AFP  -  584 words
    • Article
      Lock icon Thaksin says he has no plans to return to power
      228 17 AP [SYDNEY] Ousted Thai prime minister Thaksin Shinawatra has said that he has no plans to return to leadership, and he predicted that his sister would lead the nation’s opposition party to victory in upcoming elections. The battle between Yingluck
      AP  -  228 words
    • Article
      Lock icon Citi to beef up Asia markets division
      477 17 Group expanding equity, commo, forex businesses as client trading picks up Reuters [SINGAPORE] Citigroup is looking to boost its Asia markets division by up to 150 positions this year, building on the expansion of its equity, commodity and FX businesses as it seeks
      Reuters  -  477 words
    • Article
      Lock icon PlayStation recovery in Asia delayed
      442 17 Sony says uncertain over restoration in Japan, HK, S Korea Reuters [TOKYO] Sony Corp yesterday said that it was not certain when it could fully restore PlayStation Network videogame services in Japan, Hong Kong and South Korea, five weeks after a massive network security breach
      Reuters  -  442 words
    • Article
      Lock icon Consumer confidence dips, home prices at 4-year low
      518 18 Slump reflects worries over rising food fuel prices, unemployment LATEST US DATA AFP AP [WASHINGTON] US consumers’ outlook on the economy darkened sharply in May amid growing worries about unemployment and rising food and fuel prices, private data showed yesterday. The Conference
      AFP; AP  -  518 words
    • Article, Illustration
      Lock icon Swedish woman in Germany is E coli’s 15th victim
      582 18 Reuters [BERLIN] A killer bacteria linked to contaminated cucumbers claimed a 15th victim in Germany yesterday and its first fatality abroad when a Swedish woman who had been travelling in Germany died, authorities said. One of the largest E coli outbreaks
      Reuters; REUTERS  -  582 words
    • Article
      Lock icon Fewer bonds for dealers to sell to Fed as QE2 end nears
      577 18 Bloomberg [NEW YORK] The world’s biggest bond dealers are finding fewer Treasuries to sell to the Federal Reserve as its US$600 billion purchase programme nears an end a signal of rising demand even as the largest buyer steps
      Bloomberg  -  577 words
    • Article, Illustration
      Lock icon Merkel seeks to boost trade in India visit
      688 18 German industry taps growing Indian middle class Bloomberg [NEW DELHI] German Chancellor Angela Merkel and executives from Siemens AG and ThyssenKrupp AG are in India seeking to tap a growing middle class and boost bilateral trade that is about a ninth of
      Bloomberg; BLOOMBERG  -  688 words
    • Article
      Lock icon Aussie carbon tax to raise A$11.5b
      328 18 Reuters [CANBERRA] Australia’s carbon tax should raise about A$11.5 billion (S$15.1 billion) in its first year, with 55 per cent of the revenue to be given to households and 35 per cent to compensate business, the government’s top climate adviser Ross Garnaut said yesterday.
      Reuters  -  328 words
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      Lock icon Page 17 Advertisements Column 1
      817 17 I, Jonathan David Ewington, bachelor, of 82 Grange Road #20-03 The Colonnade Singapore *****7, intend to marry Natalia Severine Florence Mesnager, single, of 82 Grange Road #20-03 The Colonnade Singapore *****7 at Mairie de Cabariot, Rue Gabares, ***** Cabariot, France on 10th September 2011. Any person knowing of any lawful
      817 words
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  • BT ROUNDTABLE
    • Article, Illustration
      Lock icon Making cents of the currency crisis
      3090 19 It is hardly surprising that at such a time the price of gold continues to break new records, while the IMF’s SDR is back in fashion RARELY, if ever, has a conjunction of weakness in the world’s two main reserve and transaction currencies (the
      3,090 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Asia investors should hedge their bets
      461 20 EDITORIAL CALL it a seasonal pattern or self-fulfilling prophecy, but the adage “sell in May and go away” appears to have dealt a blow to markets. After a month of stellar returns in April, almost all major equity markets were in the red in
      461 words
    • Article, Illustration
      Lock icon Milestones on road to an Asian Monetary Fund
      1015 20  -  Setting up AMRO now and the CMIM in 2010 has quickened the pace, but it’ll take time By PRADUMNA B RANA The writer is an associate professor at the S Rajaratnam School of International Studies (RSIS), Nanyang Technological University. He was previously
      FILE PHOTO  -  1,015 words
    • Article, Illustration
      Lock icon US govt should get incomes, demand back to trend levels
      817 20  -  THE BOTTOM LINE J. BRADFORD DELONG J Bradford DeLong, a former assistant secretary of the US Treasury, is professor of economics at the University of California at Berkeley and a research associate at the National Bureau for Economic Research IN
      817 words
    • Article, Illustration
      Lock icon There’s a sweet deal in Mauritius
      1194 21  -  S’pore should build stronger links with the island nation a hub for companies seeking a bridge to Africa from Asia By RAY FERGUSON The writer is regional CEO, Singapore and South-east Asia, Standard Chartered Bank, and chairman, Standard Chartered Bank (Mauritius) Ltd MAURITIUS was
      1,194 words
    • Article, Illustration
      Lock icon The move from black to green
      534 21  -  By DENNIS POSADAS Dennis Posadas is the author of Jump Start: A Technopreneurship Fable (Singapore: Pearson Prentice Hall, 2009) and the Green Thinking fable at http://greenthinkingfable.blogspot.com RECENTLY, French oil company Total acquired a 60 per cent stake in the world’s largest solar photovoltaic manufacturer,
      REUTERS  -  534 words
    • Article
      Lock icon Reducing securities minimum bid size may backfire
      324 21 LETTER TO THE EDITOR IT was announced yesterday that the Singapore Exchange (SGX) would reduce the minimum bid size for securities with effect from July 4. For securities below 20 cents, the new bid size would be 0.1 of a cent; for securities
      324 words
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  • TransportHUB
    • Article
      Lock icon Armed guard issue still a legal minefield
      1144 22  -  Bid for better protection against Somali piracy spawns other risks STRAIT TALK By DAVID HUGHES AS ALL shipping industry meetings are these days, last week’s Asian Shipowners’ Forum (ASF) annual general meeting in Bali was dominated by the issue of Somali piracy. An
      1,144 words
    • Article, Illustration
      Lock icon Australia airlines, ports face industrial disputes
      509 22 Reuters [SYDNEY] Australia is facing what employers say is its worst period of industrial unrest in decades, with disputes hitting airlines, ports and mines as unions use an unprecedented resources boom and labour shortage to fight for a greater share of profits. Business leaders
      Reuters; BLOOMBERG  -  509 words
    • Article, Illustration
      Lock icon Israeli firm accused of selling ships to Iran
      581 22 Ofer Brothers Group, subsidiary Tanker Pacific sanctioned AFP [JERUSALEM] After years of pushing for tough sanctions against Iran, Israel has been left reeling by reports that an Israeli shipping company has been actively doing business with the Islamic republic. The scandal erupted
      AFP  -  581 words
    • Article
      Lock icon Abu Dhabi Ports works on Khalifa zone funding
      256 22 Bloomberg [SEOUL] Abu Dhabi Ports Co, the state-run harbour operator, has hired banks including HSBC Holdings Plc and National Bank of Abu Dhabi PJSC to work on plans for refinancing debt taken out to build the Khalifa Industrial Zone. The company intends
      Bloomberg  -  256 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 22 SGX '000 May 31 S$ +/-Vol CH Offshore 0.46 0.01 153 Chuan Hup Hldg 0.24 -0.01 200 Cosco Corp 1.97 0.04 ***** CWT Ltd 1.22 0.01 458 Ezra Hldgs 1.60 0.03 8497 First Ship Lea 0.39 0.01 174 Freight Links 0.06 unch 1245 Grand Banks 0.42 -0.04 2
      278 words
    • Article
      Lock icon When ‘free’ air tickets can cost a bundle
      676 23 Frequent flier tickets come with taxes, fees, fuel surcharges NYT [NEW YORK] Travellers who signed up for a British Airways Visa card issued by JP Morgan Chase got a sweet deal in a recent promotion: 100,000 frequent flier miles after spending US$2,000
      NYT  -  676 words
    • Article, Illustration
      Lock icon Star Alliance sets July deadline for Air India
      482 23 Indian carrier runs risk of rejection due to delays in meeting conditions NYT [NEW DELHI] Air India, the troubled state-owned airline, risks being rejected by the Star Alliance network of airlines because of delays in fulfilling membership conditions, an executive from Star
      NYT; AP  -  482 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3311 23 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1245 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 JL7893 2225 MU8439 2225 QF82 2225 --LH9770 2350 --SQ279 2350 VS7279 2350 Ahmedabad NH6293
      3,311 words
    • Article, Illustration
      Lock icon Domodedovo operator ditches IPO plan
      555 23 Reuters [MOSCOW] Moscow’s Domodedovo airport operator has dropped its planned stock market listing, thwarting its owner’s attempt to cash in shares for up to US$1 billion as the company attracts government scrutiny. DME Ltd had planned to sell about 20 per cent of its existing
      Reuters  -  555 words
    • Article, Illustration
      Lock icon Pirelli’s biggest tyre plant set to be in China
      739 24  -  Production in Yanzhou facility to soon reach 10 million PCR tyres By SAMUEL SAMUEL EE [SINGAPORE] China will soon house Pirelli’s biggest manufacturing facility in the world. “China is going to become the main production plant for all our Asia-Pacific markets,”
      PIRELLI  -  739 words
    • Article, Illustration
      Lock icon Japan car output, exports in April down a record 60%
      531 24 Drop stems from plant closures, supply-chain cut AFP [TOKYO] Japan’s car production and exports suffered record drops of more than 60 per cent each in April following the March 11 earthquake and tsunami disaster, an industry group said yesterday. Total
      AFP; REUTERS  -  531 words
    • Article, Illustration
      Lock icon Renault names Tavares as Ghosn’s deputy
      413 24 Bloomberg [PARIS] Renault SA, seeking to move past a botched spy investigation, appointed Carlos Tavares as sec-ond-in-command to chief executive officer Carlos Ghosn and said that it would focus on developing factories in France. Mr Tavares, 52, head of the Americas region for Renault
      Bloomberg  -  413 words
    • Article
      Lock icon Canada in no hurry to sell stake in Chrysler to Fiat
      453 24 NYT AP [OTTAWA] Fiat wants to buy the Canadian government’s shares in Chrysler, but Canada’s finance minister said on Monday that he was in no hurry to sell. Last week, Fiat said that it would buy the US government’s
      NYT; AP  -  453 words
    • Article
      Lock icon VW launches formal bid for MAN
      368 24 Reuters [FRANKFURT] German carmaker Volkswagen (VW) formally launched its bid for German truckmaker MAN yesterday in a move towards creating Europe’s biggest truckmaker. VW’s chairman Ferdinand Piech has long been itching to combine MAN and Sweden’s Scania to take on the world’s biggest truckmaker
      Reuters  -  368 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      298 23 CRYPTIC CROSSWORD Across 7 Create something different with cold celery soup (7) 8 In the Arctic a ‘rib’ ought to be carved reindeer (7) 10 Cheaply produced lace? (10) 11 Limit of flying leap (4) 12 Aura of change embracing sleeveless dress (8) 14 15 Road To Hell with Rea
      298 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8309 25 Transaction date: May 31 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 21 14.5 8Telecom 16 unch 161 16 15 15 16 7.8 3.8 3.4 76.6 12 4.5 A-Sonic 8 +0.5 6157
      8,309 words
    • Article
      Lock icon SGX CATALIST
      1588 26 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 6 4 t AA Grp 4 4 4.5 19 3.9 202 145 t APStrategic 161 154 160 95.5 1.5 0.5 t Advanced System 0.5
      1,588 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9795 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.37/ APS Alpha Fund (USD)!** 1.11/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.74/ Aberdeen Asset Mgt Asia Limited American Opp 0.6604/ Asian Credit Fund
      9,795 words
    • Article
      Lock icon GLOBALQUOTE
      248 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A50 +1 1 50 50 49 50 3.6 7 4 130.2 55 16 Genting HK US$ US41 unch 2025 41 40.5 40.5 41 2699.7
      248 words
    • Article
      Lock icon SGX ETF
      841 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 118 +5 51 120 116.5 113 120 538.6 1077 761 CIMBAsean40 100US$ US1035 1052 1059 41.4 350 276 DBS STI
      841 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 27 In local curr In S$ In US$ dy yr dy yr dy yr May 30 Index Change Change Change Change Change Change World Index Preliminary 918.5 0.0 2.3 -0.2 0.8 0.0 4.5 EAFE Preliminary 788.0 -0.1 -1.6 -0.2 -0.8 -0.1 3.0 Europe Preliminary 1178.2 -0.1
      374 words
    • Article
      Lock icon INTERBANK RATES
      177 27 May 31 $S Offer Bid 0vernight 0.01 0 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.0625 US$ Offer Bid 7 days 0.23 0.13 1 month 0.28 0.18 2 months 0.33 0.23 3 months 0.38 0.28 6 months 0.48 0.38 9 months 0.70 0.50 12
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 May 31 S$ Bid Offer 1-month 1.2309 1.2319 2-months 1.2309 1.2319 3-months 1.2308 1.2319 6-months 1.2306 1.2317 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 May 31 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.366 1.289 Can dollar 1.285 1.236 Euro 1.802 1.733 Sterling pound 2.073 1.994 NZ dollar 1.039 0.99 US dollar 1.249 1.201 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 27 May 31 Open High Sett STI Jun 3160 SIMSCI Jun 366.4 369.4 368.4 Taiwan Jun 312.5 321.1 319.9 Source: MF Global (S) Pte Ltd
      27 words
    • Article
      Lock icon PALM OIL
      65 27 May 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 11 3510 3475 3536 3474 853 3108 Jul 11 3458 3434 3490 3432 3479 ***** Aug 11 3408 3393 3437 3383 ***** ***** Sep 11 3375 3365
      65 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      454 27 May 31 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7375 0 1789 Sep11 99.6650 0 5455 Dec11 99.5950 0 3123 Mar12 99.5000 0 1677 EUROYEN TIBOR FUTURES Jun11 99.6700 200 5803 Sep11 99.6675 200 1466 Dec11 99.6700 0 1957 Mar12 99.6575 300 4177 Jun12 99.6700
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    • Article
      Lock icon SICOM FUTURES
      172 27 May 31 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 11 524.0 523.0 523.5 28 212 Jul 11 522.0 514.0 522.0 3 110 Aug 11 70 Sep 11 297 Oct 11 134 Nov 11 114 Dec 11 499.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 27 May 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 01.09.2011 0.33 0.29 0.29 1-Year BY*****X 02.05.2012 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.14 5-Year N*****0W 1.125 01.04.2016 99.95 100.10 100.07
      81 words
    • Article
      Lock icon CHICAGO BOT
      107 27 May 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1379.75 1384.75 1394.25 1376.00 Aug 11 1375.75 1381.00 1390.00 1372.50 Sep 11 1372.00 1377.00 1383.50 1368.00 Nov 11 1368.50 1372.50 1380.50 1364.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 58.61
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS May 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.55 unch WTI (Near Mth) 100.63 unch Dubai (1-Mth F) 109.21 unch Tapis blend 121.27 unch Minas 118.67 unch PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.11 -1.83 Jet Kerosene 128.05 -0.45 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2802 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25 1 150 9 6.44 36 ASJ Hldgs W*****1 1.5 1 4 22 3.00 9 AlliedTech W*****2 2 1 4 30 Asia Water Tech Ltd W*****8 3.5 unch
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    • Article
      Lock icon INTERBANK CROSS RATES
      462 27 May 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.039 6.933 0.742 8.323 48.190 91.366 0.873 11.547 3.221 1.298 91.944 46.290 1.318 7.370 0.909 30.717 30.717 0.648 1.070 Canada 0.963 6.675
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    • Article
      Lock icon SIBOR
      85 27 May 31 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 May 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3169 1.3184 1.0699 1.0702 Canadian dollar 1.2679 1.2695 1.0301 1.0305 Euro 1.7740 1.7755 1.4412 1.4413 NZ dollar 1.0143 1.0158 0.8240 0.8246 Sterling pound 2.0325 2.0345 1.6512 1.6515
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    • Article
      Lock icon PRECIOUS METALS
      138 27 May 31 GOLD (US$/oz) May 31 May 30 Hong Kong 1541.00 1538.60 May 26 May 27 London 1517.92 1532.50 1518.81 1533.25 Source: Thomson Reuters CAST BAR May 31 (S$) Selling Buying Kilobar 65,401.61 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 146 61 5gm 416 305 10gm 743
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    • Article
      Lock icon LONDON METALS
      70 27 May 27 May Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2619.00 2557.00 3 months 2625.00 2562.00 Copper, Grade A (US$/tonne) Cash 9188.25 9010.00 3 months 9199.00 9020.00 Lead (US$/tonne) Cash 2524.00 2511.50 3 months 2505.00 2491.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • Article
      Lock icon LIFFE
      82 27 May 27 COCOA (£/tonne) Close Prev High/Low Jul 11 1813 1849 1860/1805 Sep 11 1836 1873 1884/1828 Dec 11 1864 1900 1911/1855 Mar 12 1891 1926 1936/1881 COFFEE (US$/tonne) Close Pev High/Low May 11 2575 2581 2593/2578 Jul 11 2594 2600 2607/2576 Sep 11 2632 2636 2642/2613 Nov 11
      82 words
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  • Article
    Lock icon SHIPPING TIMES
    5574 28 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. *****3249E 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 CARIBE MAIDEN Muscat/Sharjah/Abu
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  • Page 28 Advertisements
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      56 29 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 ■I- THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping
      56 words
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  • executive Money
    • Article, Illustration
      Lock icon Picking US equities over bonds
      954 30 Blackrock’s CEO is bullish on US equities because companies are benefiting from weak dollar Bloomberg BLACKROCK Inc’s chief executive Laurence Fink says he’s more bullish on US equities than bonds because companies are benefiting from the weak US dollar and have surplus cash to invest
      Bloomberg; BLOOMBERG  -  954 words
  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      92 30 We help you to protect, grow and pass on your wealth. Our commitment has always been rooted in transparency and long-term vision. Relying on these common sense values, we forge a lasting relationship based on trust and help you build an enduring legacy. Face the future with peace of mind.
      92 words