The Business Times, 18 July 2011

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Microfilm: NL31563
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Monday, June 18,2011
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  • Article, Illustration
    Lock icon Obama eyes compromise, ‘shared sacrifice’
    637 1 Wants US debt deal with Congress before Aug 2, ‘even if it isn’t politically popular’ AFP [WASHINGTON] President Barack Obama is urging US lawmakers to quickly forge a deal to keep the world’s richest nation from plunging into debt default, saying he is “willing to
    AFP; AP  -  637 words
  • Article
    Lock icon Delistings likely to outpace IPOs
    1062 1  -  SGX firms have become attractive targets amid a weak IPO market By LYNETTE KHOO [SINGAPORE] The Singapore Exchange (SGX) could end up with more delistings than new listings this year, as the privatisation wave continues to sweep the bourse on the back of tepid market
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  • Article
    Lock icon MARKETS DIGEST
    160 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST INDEX 3,084.24 -67.04 KL COMP 1,577.25 -17.49 NIKKEI 225 9,974.47 -163.26 HANG SENG 21,875.38 -851.05 SET INDEX 1,079.91 -8.55 JAKARTA COMP 4,023.20 +19.51
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      600 2 SGX delistings could outpace new IPOs THE Singapore Exchange could end up with more delistings than new listings this year, as the privatisation wave sweeps the bourse. If this continues and the market for IPOs stays quiet, the number of companies voluntarily leaving the exchange is set to
      600 words
    • Article
      Lock icon Drawback in SGX tick size change, says Credit Suisse
      727 2  -  New tick structure won’t shield investors from sharp falls in stock market: analyst By JAMIE LEE [SINGAPORE] The move by the Singapore Exchange (SGX) to reduce the minimum tick size or the smallest possible price movement of a security for several
      727 words
    • Article, Illustration
      Lock icon Debt issues, corporate earnings promise volatile week for stocks
      828 2  -  Investors on edge as deadline for debt ceiling deal looms WALL STREET INSIGHT By in New STEPHEN RAPHAEL in New York THE ongoing drama in the US and Europe over debt will be competing with the first big wave of corporate
      BLOOMBERG  -  828 words
    • Article
      Lock icon Ex-editor of News Corp arrested
      595 3 Rebekah Brooks faces probe into allegations of phone hacking, corruption Reuters AFP AP [LONDON] Rebekah Brooks, former editor of the News of the World and a favoured lieutenant of Rupert Murdoch, was arrested on Sunday as part of an investigation into allegations of phone hacking
      Reuters; AFP; AP  -  595 words
    • Article
      Lock icon HDB ramps up BTOs to raise chances for applicants: Khaw
      381 3  -  By LYNN KAN [SINGAPORE] Ramping up the launches of build-to-order (BTO) flats would reduce the application rate, and hence raise the chances of applicants getting a unit, Minister for National Development Khaw Boon Wan said on his blog yesterday. The
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  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      200 2 Get inside analytics With Deloitte and Davenport The Deloitte Analytics Institute proudly presents a public seminar and luncheon focused on harnessing the power in your organisation’s data. The global analytics expert, author, and executive business advisor, Tom Davenport, will be sharing new and advanced analytics practices and how they’re benefiting
      200 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      346 3 It’s not every day that you get to create an estate. Universal Life plans for the first time in SGD. 34°S–San AntoniodeAreco,Argentina At HSBC Premier, we understand that securing your family’s future is your top priority. Legacy planning allows you to set aside more for your loved ones and protect
      346 words
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  • SINGAPORE MARKETS
    • Article
      Lock icon Euro weakens versus US$ on Ireland rating
      404 4 CURRENCIES Bloomberg [NEW YORK] The euro weakened against the US dollar after Irish debt was downgraded to junk by Moody’s Investors Service and yields surged in Italy, drawing the eurozone’s largest debtor further into the region’s financial crisis. The Swiss franc and yen
      Bloomberg  -  404 words
    • Article
      Lock icon Investors may take a shine to silver
      587 4  -  COMMODITIES By TIMOTHY MORGE The writer is a CME member and independent trader. He actively trades CME Group products and teaches his trading at www. marketgeometry. com. Visit http://www. cmegroup.com/ to find out more about CME products. SILVER is the shiny metal most
      587 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1525 4 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 3.00 2.55 8 15.87 10.05 1.50 1.60 Amtek Engg I 2.00 2.00 4 11.82 0.07 1.77 0.93 ARA Asset Mgt 2.00 2.00 4 8.83 16.76
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    • Article, Illustration
      Lock icon Lurching from one bailout to the next
      619 4  -  STOCKS R SIVANITHY Senior Correspondent APART from sticking to trading the Straits Times Index (buying the dips and selling into strength, or if you prefer, alternating between short-selling and short-covering) as well as going short on the US dollar, there’s not a lot
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 4 Jul 15 VALUE CLOSE BT OB/OS -524.00-203.00 BT CADI -*****.00-157.00 BT 10-day MA -*****.00 -52.00 FTSE ST Mid Cap 735.62 -6.28 FTSE ST Small Cap 510.47 -3.54 FTSE ST All Share 753.09 -2.18 FTSE ST China Top 244.11 -3.41 FTSE ST China 281.96 -2.19 FTSE ST Catalist
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    • Article
      Lock icon MOST ACTIVE STOCKS
      59 4 VOLUME Golden Agri 399,691,000 PSL Hldgs 209,748,000 EuNetworks 188,519,000 Genting SP 170,590,000 Bund Center Inv 154,947,000 Noble Grp 144,723,000 TopGlobal 120,342,000 NexGenSCom 111,263,000 CapitaLand 111,229,000 GMG Global 108,445,000 VALUE($) CapitaLand 327,233,494 Genting SP 318,329,791 SingTel 307,087,390 Golden Agri 279,387,191 Noble Grp 268,557,410 DBS Grp 262,498,023 Keppel Corp
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    • Article
      Lock icon RISES
      117 4 BY CENTS CLOSE UP GLD 10US$ ***** 673.4 3.7 DBXT DBLCI-OY 5US$ 4280 248.4 5.0 DBXT S&P Short 10US$ 4231 157.1 3.1 DBXT MSJAP 10US$ 3988 112.0 2.4 IS DJ US Tech 6493 107.2 1.4 DBXT DBCBDJUBS 10US$ 3772 80.4 1.8 Lyxor MS India 10US$ 1639 77.9 4.1 DBXT
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    • Article
      Lock icon FALLS
      117 4 BY CENTS CLOSE DOWN DBXT E50 10US$ 4247-459.1 -8.2 DBXT Nifty 10US$ *****-408.0 -2.6 DBXT MSEurope 10US$ 4700-347.1 -5.7 DBXT iBoxxSvEu 5US$ *****-274.0 -1.0 JMH 5450-182.7 -2.7 DBXT iBoxxUSTr 5US$ *****-147.4 -0.6 DBXT MSKorea 10US$ 6442-138.8 -1.7 DBXT MSAsExJp 10US$ 3383-134.0 -3.1 DBXT FTVietnam 10US$ 2748-118.1 -3.4 Jardine C&C
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 4 WEEKLY
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    • Article
      Lock icon One-year top losers
      149 6 One-year top losers JUL 15 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE HanKore Env 0.041 13.9 4,100 Top Global 0.010 9.4 5,000 Mirach Energy 0.111 3.7 11,100 C&G Industrial 0.147 3.5 11,172 Advance SCT 0.031 0.0 2,573 Annica 0.026 0.0 4,316 China Auto Electronics 0.090 0.0 9,000 Reyphon
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    • Article
      Lock icon Analysts' top recommendations
      169 6 JUL 15 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE China Essence 0.295 1.7 6,195 China Kangda Food 0.081 1.3 2,106 CSE Global 1.245 0.8 8,715 AIMS AMP I REIT 0.215 0.0 3,225 Food Empire 0.360 0.0 3,960 Pacific Shipping Trust 0.432 -0.2 8,640 Lippo-Mapletree T 0.600 -0.8 9,600
      169 words
    • Article
      Lock icon Flat buying for the second straight week
      1714 6  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying was flat for the second straight week, while the selling among directors rose, based on filings to the Singapore Exchange from July 11 to 15. A total of
      1,714 words
    • Article, Illustration
      Lock icon Lowest forward PE portfolio loses most
      449 6  -  TEH HOOI LING Senior Correspondent AFTER three weeks of upward march, the bulls finally threw in the towel as worries continued to mount both from the political as well as the economic front. All six of our portfolios slid, with the average decline being
      449 words
    • Article
      Lock icon Highest dividend yields
      171 6 JUL 15 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Singapore Shipping Corp 0.225 4.7 4,725 Shanghai Asia 0.178 3.5 6,764 K1 Ventures 0.142 1.4 3,408 Nera Telecoms 0.380 1.3 8,360 Poh Tiong Choon Logistic 0.405 0.0 11,745 Silverlake Axis 0.385 0.0 12,705 Stamford Land 0.625 0.0 11,250 UOB-Kay
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    • Article
      Lock icon Biggest upgrades in analysts' sentiment
      152 6 sentiment JUL 15 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Parkway Life Reit 1.830 0.5 9,150 FSL Trust 0.345 0.0 3,795 UIC 2.830 0.0 11,320 Macquarie Int’l Infrastr 0.560 -0.9 7,840 Del Monte 0.440 -1.1 4,400 Goodpack 1.810 -1.6 7,240 Chemoil Energy 0.359 -1.9 10,411 Cityspring
      152 words
    • Article
      Lock icon Lowest forward PEs
      160 6 JUL 15 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE China Essence 0.295 1.7 6,195 China Sports 0.073 0.0 2,117 Straits Asia Resources 3.020 -0.3 15,100 Dapai 0.090 -1.1 2,430 Low Keng Huat 0.395 -1.3 13,035 China Sky 0.123 -1.6 2,091 Pacific Andes 0.270 -1.8 18,360 Hupsteel 0.210 -2.3
      160 words
    • Article
      Lock icon Lowest PTB portfolio
      171 6 JUL 15 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Anwell Tech 0.340 11.5 5,644 Orchard Parade 1.610 11.4 12,880 China Flexible Packaging 0.086 4.9 2,494 Hong Fok 0.545 1.9 9,810 Bonvests 1.010 0.5 9,090 QAF 0.625 0.0 15,625 Rickmers Maritime 0.405 0.0 4,050 Allgreen Properties 1.595 -0.3 19,140
      171 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      91 4 HPT Phillip Futures Bringing Global Markets Closer to You www.phillipfutures.com.sg 6538 0500 o8 Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) i?t i ii i M Co. Reg. No: *****5695G The above information does not constitute an investment advice, an offer/solicitation to buy/sell the above mentioned
      91 words
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  • COMPANY NEWS
    • Article
      Lock icon CFA says its members can be tapped to sit on boards
      853 5  -  SID welcomes move, underlining need for a larger pool in face of new proposals By TEH HOOI LING WITH the constant lament being that the pool of qualified directors is too small in Singapore, CFA Singapore has stepped up
      853 words
    • Article
      Lock icon PRIME LENDING RATES
      404 5 Jul 15 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      404 words
    • Article
      Lock icon Proposed investment in JEL called off
      308 5  -  By LYNN KAN A PROPOSED multi-million dollar investment in consumer electronics group JEL Corp (Holdings) has been called off. JEL Corp failed to get the Singapore Exchange to grant it more time to submit its proposal for removal from the exchange’s watch-list a condition
      308 words
    • Article, Illustration
      Lock icon Raw deal for Radiance minority shareholders
      687 7  -  HOCK LOCK SIEW By TEH HOOI LING RADIANCE Group is proposing a reverse takeover of its majority shareholder, but it’s a deal that minority shareholders may not want. Last year, UK-based Global Invacom Holdings Ltd (GIHL) bought a 52.4 per cent stake in Radiance
      687 words
    • Article
      Lock icon TSH Corp warns it may post loss in first half
      231 7 TSH Corporation has warned shareholders that the group is expected to report a net loss for HY2011, as a result of a decline in revenue and other income. This followed a preliminary assessment of the group’s unaudited financial results for
      231 words
    • Article
      Lock icon COMPANY MEETINGS
      384 7 COMPANY MEETING PLACE DATE TIME Singxpress Land A E Ocean 3 (Function Room), Level 2, Pan Pacific Singapore, 7 Raffles Boulevard, Marina Square, 10.00am Singapore *****5 15-Jul 10.30am The Hour Glass A Singapore Marriott Hotel, Legacy Suite, Level 2, 320 Orchard Road, Singapore *****5 15-Jul 10.00am Chuan Hup
      384 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      18 5 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES
      18 words
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      Lock icon Page 5 Advertisements Column 2
      123 5 5 >4 V I X a 9 C3 Zf i BEIJING YOUR FINEST BUSINESS DECISION For more than a century, Fairmont Flotels Resorts have built a global reputation for luxurious and engaging hospitality. Fairmont Beijing builds on this reputation by offering business travellers a discreet and exclusive oasis in the
      123 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      1393 7 TM Thinking IR -a 6-part series on the insights of investor relations (Part ii) An advertising feature brought to you by Financial PR° Why do people seem to gravitate towards some companies instead of others? Why do investors and analysts sometimes develop an almost instinctive penchant for some corporations over
      1,393 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      18 7 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings NOTICES
      18 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Private banking clients more cautious now
      781 8  -  SG finds them more risk-aware post-crisis and choosier about investment products By MALMINDERJIT SINGH PRIVATE banking clients have become more cautious and sophisticated when it comes to choosing suitable products and services, says Olivier Gougeon, Societe Generale (SG) Private Banking’s regional chief executive for
      781 words
    • Article
      Lock icon Shanmugam in Bali for Asean ministerial meetings
      355 8  -  By LEE U-WEN FOREIGN Minister K Shanmugam arrives on the Indonesian resort of Bali today for a week-long visit where he will take part in a series of high-level ministerial meetings. These are the 44th Asean Ministerial Meeting (AMM), the Post-Ministerial Conferences (PMC)
      355 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      622 8 Payment Ex Books Pay Ann (cts) date close date date Australand Prop^ as 10.500 28-Jun 30-Jun 04-Aug 21-Jun Azeus Systems bo 1.140 08-Aug 11-Aug 23-Aug 07-Jul B Sembawang ak 4.000 29-Jul 02-Aug 12-Aug 24-May B Sembawang bh 8.000 29-Jul 02-Aug 12-Aug 24-May Boustead ak 2.000 03-Aug 05-Aug 19-Aug
      622 words
    • Article
      Lock icon Passenger numbers at Changi up 11% in June
      389 8  -  By VEN SREENIVASAN SOME four million passengers passed through the gates of Singapore Changi Airport in June 10.8 per cent more than in the same month last year. This raised the total passenger numbers at Changi to 22.4 million for the first
      389 words
    • Article, Illustration
      Lock icon Malaysia Cup – it’s history, but the hysteria may return
      1125 8  - Malaysia Cup it’s history, but the hysteria may return COMMENTARY By RONALD KOW The writer edited the sports pages and wrote sports columns for BT, mostly on the Malaysia Cup, between 1978 and 1981 MALAYSIAN Prime Minister Najib Tun Razak is an ardent football fan. To be specific, he is
      FILE PHOTO  -  1,125 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Thailand turns the page
      1837 9 THIS WEEK’S TOPIC Are you optimistic that the decisive election result in Thailand is sufficient to restore political stability to the country, and are you bullish about Thailand’s economic prospects? Stephen Grundlingh Regional Head for South-east Asia Franklin Templeton Investments Co-CEO, Templeton Asset Management in Singapore
      AP  -  1,837 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon An introduction to private equity
      979 10  -  Exercise great care because information is generally less widely disseminated and risks can be difficult to evaluate, reports MINDY TAN reports MINDY TAN PRIVATE equity (PE) can be broadly defined as privately negotiated transactions in public or private companies. While most PE transactions involve investments
      STOCK.XCHNG  -  979 words
    • Article, Illustration
      Lock icon Undeterred by personal setbacks
      917 10  -  STARTING YOUNG By ENYA LIM YONG Tat Yan does not allow setbacks to define his quality of life or hinder him from reaching personal goals both as an investor, and otherwise. And he certainly knows what it is like to have the odds stacked against him.
      ARTHUR LEE  -  917 words
    • Article
      Lock icon When can I set up a trading account?
      387 10 ASK DR INVEST Q: I’m 20 this year. Is there a minimum age to start investing? I have a CDP account, but I am trying to set up a trading account and I’ve been confused by conflicting information on the minimum age
      387 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      334 10 Get started now ‘Spot the Index’ contest THINK you can forecast where the market’s headed? Then put your skills to the test and familiarise yourself with our local stock-market index, the Straits Times Index (STI), now. Simply spot the weekly closing index rate and stand to win an Apple iPod
      334 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Gillard upbeat about Aussie economy
      757 11 She also says govt will launch a A$12m campaign to explain its carbon tax policy AFP Bloomberg [SYDNEY] Australian Prime Minister Julia Gillard said yesterday that she was confident the resources-led economy would remain strong, pointing to solid Asian growth despite uncertainty from the US
      AFP; Bloomberg; BLOOMBERG  -  757 words
    • Article
      Lock icon Australia’s mining boom masks retail sector pain
      665 11 AFP [SYDNEY] The elegant streets of Sydney’s Paddington are where the city’s rich and fashionable gather to shop, dine and socialise. But despite Australia’s unprecedented economic boom, business has never been so bad. “This is the worst season I’ve had,” says 15-year retail
      AFP  -  665 words
    • Article, Illustration
      Lock icon Italian graduates struggle to find jobs as crisis bites
      791 11 Many have given up and are seeking work abroad AFP [ROME] As the Italian government struggles to stave off a biting debt crisis, thousands of university graduates are scraping the barrel for any job going or abandoning Italy altogether to try
      AFP; BLOOMBERG  -  791 words
    • Article
      Lock icon Germany more dependent on Russian gas
      579 11 Growing energy ties set tone for MerkelMedvedev talks AFP [BERLIN] The leaders of Russia and Germany will hold a joint Cabinet meeting this week amid growing German dependence on the gas-rich country due to Berlin’s recent decision to scrap nuclear power. German Chancellor Angela
      AFP  -  579 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Rating agencies are playing with fire
      655 12  -  A downgrade of US credit rating may lead to a major crisis and risk a second recession MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent ON FRIDAY, international rating agency Standard Poor’s raised the pressure on debt negotiators in Washington, saying it could downgrade insurers, securities
      655 words
    • Article
      Lock icon Kedah drops Ramadan bar closure plan
      288 12 PAS allies fear ban will alienate non-Muslim voters AFP [KUALA LUMPUR] A Malaysian state controlled by an Islamic opposition party has dropped a plan to force bars, discos and karaoke clubs to close during the Muslim fasting month, an official said yesterday. Northern Kedah
      AFP  -  288 words
    • Article
      Lock icon BMW’s Indonesian unit will introduce 3 Mini Cooper models
      418 12 Bloomberg [JAKARTA] Bayerische Motoren Werke AG’s (BMW) Indonesian unit will tap into growing demand for cars in South-east Asia’s largest economy, as it introduces three Mini Cooper models starting this week “Indonesia’s economy is growing definitely, so we think it is
      Bloomberg  -  418 words
    • Article
      Lock icon BURSA MALAYSIA
      1865 12 VOL Jul 15 RM +/-(‘000) A M Realty 0.46 -0.01 10 Abric Bhd 0.30 unch 2 Advance Synerg 0.21 unch 662 Adventa Bhd 1.95 0.05 56 Ae Multi Hldgs 0.25 0.01 297 Affin Holdings 3.37 0.01 735 Ahmad Zaki Res 0.77 -0.01 122 Aic Corp 1.34 0.01 124
      1,865 words
    • Article, Illustration
      Lock icon Volcano spews ash in biggest eruption yet
      463 12 AP [TOMOHON, Indonesia] A volatile volcano in central Indonesia unleashed its most powerful eruption yet yesterday, spewing hot ash and smoke thousands of metres into the air and sending panicked villagers racing back to emergency shelters. There were no immediate reports of casualties.
      AP  -  463 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Chinese oil firms face flak over safety standards
      454 13 Latest refinery fire is 4th incident in 6 weeks, fuels unease over oil spills, slicks AFP [BEIJING] Chinese netizens and a state press report yesterday questioned safety standards at oil firms after a fire erupted at a plant owned by state-run CNPC
      AFP; XINHUA  -  454 words
    • Article
      Lock icon Obama’s meeting with Dalai Lama angers China
      592 13 Reuters [BEIJING] China accused the United States yesterday of “grossly” interfering in its internal affairs and seriously damaging relations after President Barack Obama met exiled Tibetan spiritual leader the Dalai Lama at the White House. Mr Obama met the Nobel Prize laureate for
      Reuters  -  592 words
    • Article
      Lock icon Underworld role in Mumbai blasts not ruled out
      500 13 Xinhua Bloomberg [NEW DELHI] The Indian police have prepared a sketch of one suspect in Wednesday’s triple bombings in Mumbai, while underworld criminals’ involvement in the attack was not ruled out, local media reported yesterday. Investigators have zeroed in on two suspects,
      Xinhua; Bloomberg  -  500 words
    • Article, Illustration
      Lock icon Taiwan’s luxury brands aim to attract Chinese
      714 13 Their targets: the high-spending tourists from China AFP [TAIPEI] Chinese businesswoman Jiang Guihong devours fashion and is exactly the type of high-spending tourist that Taiwan’s high-end retailers are trying to attract and they are spending millions to do so. While a political thaw
      AFP  -  714 words
    • Article
      Lock icon House for US$700 from the makers of Nano
      268 13 AFP [NEW DELHI] The Indian company that launched the world’s cheapest car has unveiled its latest product for the fast-growing nation: a flat-pack house that costs just US$700 and can be built in a week. The Tata group, maker of the US$2,500
      AFP  -  268 words
    • Article
      Lock icon DB Platinum
      11 13 db X-MACRO Trading Index Fund I4D 07/07/11 96,46 GBP
      11 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      116 13 LUXURY TOURS TRAVEL PTE LTD The Leading Operator k- j Established 1985 W: "Fullfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These include transportation, meals, sightseeing tours tourist guides. Our services at a
      116 words
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  • WORLD
    • Article
      Lock icon New donors fuel Obama’s fund raising
      858 14 This has propelled him to a large and early lead over his Republican opponents in the race for campaign cash AP [WASHINGTON] US President Barack Obama recruited roughly 150 new elite donors, raising as much as a half a million dollars each, to help
      AP  -  858 words
    • Article, Illustration
      Lock icon Barclays appeals US$4b owed to Lehman trustee
      359 14 Reu ters [NEW YORK] Barclays Plc is appealing a judge’s ruling that handed the trustee for Lehman Brothers Holdings Inc’s brokerage arm about US$4 billion related to the rushed purchase of the failed investment bank’s North American business. In court papers filed last
      Reuters; BLOOMBERG  -  359 words
    • Article
      Lock icon Sustaining profit will be a tough challenge: SABIC chief
      431 14 Reuters [RIYADH] Saudi Basic Industries Corp (SABIC), the world’s biggest petrochemical firm by market value, said yesterday that maintaining profitability would be a tough challenge after posting record profit in the latest quarter. The bellwether Middle East conglomerate, which supplies chemicals,
      Reuters  -  431 words
    • Article, Illustration
      Lock icon Eye test may detect signs of Alzheimer’s disease
      573 14 [PARIS] Scientists in Australia are reporting encouraging early results from a simple eye test that they hope will give a noninvasive way to detect signs of Alzheimer’s disease. Although it has been tried on just a small number of people and more
      AP  -  573 words
    • Article
      Lock icon Nasa probe reaches asteroid’s orbit
      393 14 Reuters [HOUSTON] A robotic Nasa science probe slipped into orbit around the pota-to-shaped asteroid Vesta on Saturday to begin a year-long study of the second largest object in the asteroid belt. Nasa’s Dawn spacecraft relayed a signal to Nasa’s Jet Propulsion Laboratory in Pasadena, California,
      Reuters  -  393 words
    • Article, Illustration
      Lock icon Samsung LED wants to ban Osram products
      510 15 It is asking the US to bar Osram and its 2 units from entering the US Suwon AP [SEOUL, South Korea] A Samsung unit is raising the ante in a patent dispute with a German rival over energy-saving LED lighting amid intensifying legal
      AP; AFP  -  510 words
    • Article, Illustration
      Lock icon Spain will avoid Black Monday, says regulator
      451 15 Markets will not punish the country despite test results Reuters [MADRID] Markets will not punish Spain today even though the majority of banks that failed Eu-rope-wide stress tests were Spanish, the head of the European Banking Authority said in an interview. Spain submitted
      Reuters; BLOOMBERG  -  451 words
    • Article
      Lock icon World urged to up aid to Horn of Africa
      312 15 AFP [NAIROBI] The world should ramp up efforts to help millions of people facing starvation across the Horn of Africa due to a severe drought, the Unicef and a senior British official urged yesterday. After touring Kenya’s drought-affected regions, Unicef chief
      AFP  -  312 words
    • Article
      Lock icon Aquino dismisses colonel’s call to oust him
      310 15 AFP [MANILA] Philippine President Benigno Aquino’s office yesterday brushed off calls by a navy colonel for his overthrow, saying the officer was not backed by anyone else in the 120,000-strong armed forces. The video appeal by Generoso Mariano was an “isolated” case, said
      AFP  -  310 words
    • Article
      Lock icon UAE delays rules to regulate funds after firms air concerns
      373 15 Reuters [DUBAI] The United Arab Emirates has postponed a final draft ruling on new guidelines to regulate its nascent asset management industry after concerns were raised by industry players, two sources familiar with the matter said yesterday. UAE market regulator
      Reuters  -  373 words
    • Article, Illustration
      Lock icon Kan draws fire over call to phase out nuclear power
      820 16  -  Industry clamours for govt to endorse its continued use, warns of production shift offshore as yen climbs By ANTHONY ROWLEY By in Tokyo THE firestorm of criticism ignited by Prime Minister Naoto Kan who suggested that Japan should phase out
      AP  -  820 words
    • Article, Illustration
      Lock icon Workers in Egypt scramble to right decades of injustice
      776 16 AP [TALKHA, Egypt] The sun was already searing the pavement on the early June morning when Mariam Hawas and her co-workers from the garment factory descended on the bank. The bank employees knew why they’d come and rushed to bolt the
      AP; REUTERS  -  776 words
    • Article
      Lock icon Actress Googie Withers dies
      318 16 AP [SYDNEY] British actress Googie Withers, a Hollywood golden age staple best known for her appearance in Alfred Hitchcock’s The Lady Vanishes, has died at her home in Australia. She was 94. Born Georgette Lizette Withers in what was then British India, she was given her
      AP  -  318 words
    • Article
      Lock icon Beef in Japan contaminated, says Aeon
      420 16 Shipments of beef from Fukushima likely to be banned Reuters [TOKYO] Japan’s se-cond-biggest retailer said yesterday that it had sold beef from cattle that ate nu-clear-contaminated feed, the latest in a series of health scares from radiation leaking from a quake-crippled nuclear power plant.
      Reuters  -  420 words
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      Lock icon Bernanke’s QE3 remark lifts Wall St mood
      687 17  -  But some investors think the Fed will act only if the jobless rate worsens By STEPHEN RAPHAEL in New York “YES.” With that single, affirmative word, Federal Reserve chairman Ben Bernanke last Wednesday sent a clear message to Washington, Wall Street and the
      REUTERS  -  687 words
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      Lock icon THE LOVELY BONES
      121 17 [LOS ANGELES] A cameraman setting up a shot of a Tyrannosaurus rex in ‘Growth Series’, a display featuring a baby (centre), juvenile (left) and young adult T rex (right), in the all-new 14,000 square foot Dinosaur Hall permanent exhibition at the Natural History Museum here during a
      AFP  -  121 words
    • Article
      Lock icon IMF mission chief calls for ‘invigoration’ of Greek reforms
      840 17 AFP Bloomberg [ATHENS] Greece’s runaway debt is on a “knife’s edge”, the IMF’s mission chief to Athens said yesterday as he called for an “invigoration” of structural reforms in the vast Greek public sector. “The Greek debt is sustainable but it
      AFP; Bloomberg  -  840 words
    • Article
      Lock icon Governors want Congress to raise debt limit
      725 17 Bloomberg [SALT LAKE CITY] US governors from both major parties circulated a letter at their national meeting urging Congress to raise the federal debt ceiling rather than put the nation’s credit and their own states at risk. The bipartisan letter was being drafted
      Bloomberg  -  725 words
    • Article
      Lock icon US ends tax row talks with Switzerland
      321 17 US says it has no interest in a global settlement: report Reuters [ZURICH] The US has ended talks with Switzerland aimed at settling a row over investigations into Swiss banks accused of helping Americans dodge taxes, a newspaper reported yesterday. Citing an unnamed
      Reuters  -  321 words
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      Lock icon Bundesbank chief slams plan to save Greece with eurobonds
      541 19 It will undermine Greek incentives for a prudent budget policy, he says AFP Reuters [BERLIN] The head of Germany’s Bundesbank central bank yesterday attacked proposals to issue eurobonds guaranteed by eurozone states as a way of helping Greece, saying it would
      AFP; Reuters; REUTERS  -  541 words
    • Article
      Lock icon Japanese businesses look overseas to expand
      583 19 LAT-WP [TOKYO] Convinced that a shrinking and disaster-hit economy cannot sustain growth, Japanese companies are placing a multibil-lion-dollar bet on their ability to expand their businesses overseas. The uncharacteristic push into foreign markets has triggered conflicting reactions, with some Japanese government officials worried that
      LAT-WP  -  583 words
    • Article
      Lock icon Aftershocks slow down Christchurch’s rebuilding
      545 19 NYT [CHRISTCHURCH] The once-bustling business district here resembles a wasteland. Along the closed, empty streets lie piles of bricks and steel, and you can see the office furniture still sitting inside partly collapsed buildings. Handmade signs hang on the fencing that marks off a large
      NYT  -  545 words
    • Article, Illustration
      Lock icon Final Potter film conjures first-day record of US$92.1m
      291 19 AP Reuters [LOS ANGELES] Harry Potter has cast his biggest spell yet with a record-breaking first day at the box office for his final film. Distributor Warner Bros reports that Harry Potter and the Deathly Hallows: Part 2 summoned up US$92.1 million
      AP; Reuters; BLOOMBERG  -  291 words
    • Article
      Lock icon US home sales probably rose in June
      544 19 Economists polled also predict higher level of construction Bloomberg [WASHINGTON] Home sales and construction in the United States probably rose in June from depressed levels as the industry struggled to gain traction in the face of foreclosures, falling prices and rising unemployment, economists
      Bloomberg  -  544 words
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      1220 15 MATS r Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SENG TAT AUTO PARTS PTE LTD COMPANY REG. NO: *****1035W (IN MEMBERS’ VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of
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  • FOCUS: THE MURDOCH CRISIS
    • Article, Illustration
      Lock icon Pressure mounts on the Murdochs
      968 18 Labour leader calls for breakup of Murdoch empire and BSkyB board plans special session Reuters [LONDON] Rupert Murdoch’s British newspaper business, mired in a widening scandal stemming from phone hacking, pledged yesterday to fully cooperate with inquiries by police, who themselves are under mounting pressure
      Reuters  -  968 words
    • Article, Illustration
      Lock icon When the police are not much cop
      714 18 Scotland Yard ignored 6 bags of evidence for 4 years NYT [LONDON] For nearly four years, they lay piled in a Scotland Yard evidence room six overstuffed plastic bags gathering dust and little else. Inside was a treasuretrove of evidence: 11,000 pages of
      NYT; REUTERS, AFP  -  714 words
    • Article
      Lock icon Cameron’s meetings raise some eyebrows
      441 18 AP [LONDON] The government of Prime Minister David Cameron released information documenting the prime minister’s close ties to News Corp’s company executives that continued even as the phone-hacking scandal grew. Mr Cameron’s aides released a diary of his meetings with executives and editors of News
      AP  -  441 words
    • Article, Illustration
      Lock icon Brooks’ rise to power in UK tabloid journalism
      649 18 She was also friend and neighbour of PM David Cameron Reuters [LONDON] Rebekah Brooks is used to getting what she wants. A flame-haired 43-year-old, Ms Brooks had a remarkable rise to power in the male-dominat-ed world ofUK tabloid journalism, becoming editor of
      Reuters; REUTERS  -  649 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon IMO agrees on CO2-cutting measures
      527 20 But developing countries may delay implementation by using a waiver Reuters [LONDON] The International Maritime Organization (IMO) agreed last Friday on energy efficiency design standards for new ships to cut greenhouse gas emissions, but developing countries will probably delay implementation by using a waiver, delegates
      Reuters  -  527 words
    • Article, Illustration
      Lock icon US court upholds use of full-body scanners
      464 20 But it says TSA should have sought public comment Reuters [WASHINGTON] A US appeals court last Friday upheld the use of full-body scanners to screen air travellers, but said that the Transportation Security Administration (TSA) should have sought public comment before deploying them.
      Reuters; REUTERS  -  464 words
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      Lock icon Lufthansa first to use biofuel on commercial flight
      499 20 Reuters [FRANKFURT] Lufthansa became the first airline to use biofuels on regular commercial flights last Friday in a six-month trial that it estimates will reduce carbon dioxide emissions by up to 1,500 tonnes during the period. European airlines are pressing ahead with
      Reuters; AP  -  499 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3314 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 SQ456 1245 EY473 1955 NH6369 1955 VA7473 1955 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 Amsterdam LO4031 0545 LO4032 2355 SQ323 0545 SQ324 2355 US5410 0545 US5411 2355 AZ3992 1525 KL835
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    • Article
      Lock icon TRANSPORT ST0CKS
      278 20 SGX '000 Jul 15 S$ +/-Vol CH Offshore 0.42 -0.01 90 Chuan Hup Hldg 0.25 unch 1351 Cosco Corp 1.75 -0.05 ***** CWT Ltd 1.28 -0.02 1321 Ezra Hldgs 1.32 -0.17 ***** First Ship Lea 0.35 unch 355 Freight Links 0.06 unch 46 Grand Banks unch unch 0
      278 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      333 20 CRYPTIC CROSSWORD Across 1 View one teetotaller held maintain the same position (3,5) 5 A lake-like expansion of a river overseas (6) 9 The very same dialect in broadcast (9) 11 Fine the Parisian in vehicle (5) 12 A sculpted figure of Ulysses originally sited in Maine, perhaps (6) 13
      333 words
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  • DINING OUT
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      Lock icon Simple fare that’s reliably good
      599 21  -  NEW RESTAURANT By Jaime Ee Roadhouse #01-07 Blk 13 Dempsey Road Tel: 6476-5945 WHEN you are in a culinary theme park like Dempsey Village where myriad restaurants vie for your attention with one hot new concept after another, it’s hard to distinguish substance from schtick.
      599 words
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      174 21 2010EDITION A collection from The Business Times The diverseexperiences ofsome of the mostinfluential thinkers,corporate chiefs andsocial activists of the age 52 interviews by The Business Times journalists Available at all leading bookstores GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822
      174 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8718 22 Week ended: Jul 15 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 13.2 8Telecom 13.2 -2.8 297 15.5 13.2 13.2 15 7.8 4.6 2.8 63.2 12 4.5 A-Sonic 7 -0.2 693 7.4
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      Lock icon SGX CATALIST
      1683 23 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 32 27 t 800 Super 31.5 *****2 32 27 31 31.5 10.8 56.3 5.5 3.7 t AA Grp 3.7 -0.3 40 3.7 3.7 3.7
      1,683 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 23 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.455 +0.005 CapitaLand 2.920 -0.010 CapitaMall 1.915 +0.005 CityDev 10.480 +0.010 ComfortDelGro 1.415 DBS Grp 14.750 +0.050 F&N 5.750 -0.090 GLP 1.990 -0.020 Genting SP 1.870 +0.010 Golden Agri 0.690 -0.010 HK Land
      114 words
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      Lock icon STOCKS ASIA
      2625 23 Transaction date: Jul 15 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.11 unch 0 Aeon Stores-50 17.40 unch 0 Angang Steel 7.88 -0.16 5197 Anhui Conch 39.55 -0.70 ***** Anhuiexpresswa 6.43 0.23 1288 Asia Satellite 18.00 unch 0 Asm Pacific 89.85 -3.80 1360 Bank Of E Asia 31.00
      2,625 words
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      Lock icon GLOBALQUOTE
      259 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A43 -3 32 43 43 43 52.5 3.6 8.1 3.4 112 55 18.5 Genting HK US$ US39 +0.5 ***** 39.5 37 39 39.5 2568
      259 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 13 3 0 0 0 1 13 3 Manufacturing 36 136 35 5 18 9 41 154 44 Commerce 15 48 11 2 11 3 17 59 14 Tpt/Stor/Comms 12 27 7
      186 words
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      Lock icon SGX ETF
      978 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 116 +1.5 170 116 113.5 114 116 529.5 1207 872 CIMBAsean40 100US$ US1078 -20 329 1207 1044 1074 1088 43.1
      978 words
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      Lock icon SECURITIES TRADING TURNOVER
      121 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 153,756 153,756 401,152 401,152 Manufacturing 873,736 111,303 985,039 873,462 2,572 876,034 Commerce 566,117 29,102 595,219 581,197 3,057 584,254 Tpt/Stor/Comms 712,262 32,088 744,350 1,106,789 3,616 1,110,405 Finance 78,438 78,438 699,681 699,681 Construction 326,384 214,294 540,678 124,701
      121 words
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      26 23 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 24 In local curr In S$ In US$ dy yr dy yr dy yr Jul 15 Index Change Change Change Change Change Change World Index Preliminary 899.3 0.1 0.2 0.0 -2.6 0.0 2.4 EAFE Preliminary 767.2 -0.3 -4.2 -0.3 -4.7 -0.3 0.2 Europe Preliminary 1127.5 -0.4
      374 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Jul 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 116.76 -1.88 WTI (Near Mth) 95.75 -2.14 Dubai (1-Mth F) 112.11 0.40 Tapis blend 123.46 0.35 Minas 119.66 0.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.67 -0.16 Jet Kerosene 130.20 0.20 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon SHIPPING TIMES
      5526 25 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 JIMRISE Muscat/Sharjah/Doha/Dammam JIMFLUSH
      5,526 words
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      Lock icon SMX MARKET UPDATE
      60 24 As on 15 July 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1583.6 1577.7 1580.5 1586.3 CURRENCY Euro-US Dollar Sep-11 1.4153 1.4065 1.4096 1.4142 Aust-US Dollar Sep-11 1.0572 1.0572 1.0572
      60 words
    • Article
      Lock icon SICOM FUTURES
      171 24 Jul 15 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Aug 11 473.0 470.0 473.0 75 163 Sep 11 472.5 470.8 471.9 15 386 Oct 11 474.5 472.0 472.5 38 408 Nov 11 476.0 472.0 474.0 69 362 Dec
      171 words
    • Article
      Lock icon CHICAGO BOT
      107 24 Jul 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 11 1385.75 1382.00 1397.00 1376.50 Sep 11 1383.00 1379.75 1394.00 1374.25 Nov 11 1387.00 1384.00 1398.50 1378.25 Jan 12 1395.75 1392.25 1406.25 1387.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 11 57.35
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      83 24 Jul 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 13.10.2011 0.30 1-Year BY*****X 02.05.2012 0.38 0.3 0.3 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.87 103.93 103.85 5-Year N*****0W 1.125 01.04.2016 101.84
      83 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      454 24 Jul 15 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6150 0 6362 Dec11 99.5200 0 4697 Mar12 99.4800 0 1618 Jun12 99.4200 0 1964 EUROYEN TIBOR FUTURES Sep11 99.6625 0 1332 Dec11 99.6600 0 1392 Mar12 99.6525 0 1823 Jun12 99.6450 0 1374 Sep12 99.5800
      454 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Jul 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.349 1.273 Can dollar 1.292 1.243 Euro 1.754 1.687 Sterling pound 2.002 1.925 NZ dollar 1.055 1.005 US dollar 1.234 1.187 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 24 Jul 15 Open High Sett STI Jul 3083 SIMSCI Jul 358.0 360.2 358.6 Taiwan Jul 295.8 297.9 297.5 Source: MF Global (S) Pte Ltd
      27 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2670 24 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 25.5 1 150 26 5.45 34 ASJ Hldgs W*****1 0.6 -0.9 115 1 4 10 7.00 7 AlliedTech W*****2 1.9 1 4 28 Asia Water Tech Ltd W*****8
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    • Article
      Lock icon INTERBANK RATES
      179 24 Jul 15 $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.35 0.25 3 months 0.42 0.32 6 months 0.54 0.44 9 months 0.75 0.55 12
      179 words
    • Article
      Lock icon INTERBANK CROSS RATES
      462 24 Jul 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.023 6.881 0.754 8.297 47.429 90.983 0.843 11.266 3.201 1.268 91.579 45.731 1.297 7.345 0.870 30.753 32.097 0.660 1.065 Canada 0.978 6.727
      462 words
    • Article
      Lock icon SIBOR
      85 24 Jul 15 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon PRECIOUS METALS
      139 24 Jul 15 GOLD (US$/oz) Jul 15 Jul 14 Hong Kong 1578.00 1584.80 Jul 14 Jul 15 London 1583.45 1589.20 1584.25 1589.95 Source: Thomson Reuters CAST BAR Jul 15 (S$) Selling Buying Kilobar *****.18 *****.00 PAMP GOLD BARS (S$) Selling Buying 1gm 149 62 5gm 422 310 10gm 755
      139 words
    • Article
      Lock icon LONDON METALS
      69 24 Jul 15 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2463.25 2476.50 3 months 2494.00 2507.00 Copper, Grade A (US$/tonne) Cash 9651.25 9609.50 3 months 9672.00 9630.00 Lead (US$/tonne) Cash 2695.50 2653.00 3 months 2708.00 2665.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Jul 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2965 1.2979 1.0646 1.0649 Canadian dollar 1.2671 1.2689 1.0405 1.0411 Euro 1.7186 1.7201 1.4112 1.4113 NZ dollar 1.0220 1.0233 0.8392 0.8396 Sterling pound 1.9630 1.9649 1.6119 1.6122
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Jul 15 S$ Bid Offer 1-month 1.2178 1.2188 2-months 1.2177 1.2188 3-months 1.2176 1.2187 6-months 1.2169 1.2179 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      65 24 Jul 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 11 3120 3120 3120 3120 9 1181 Aug 11 3136 3121 3140 3123 431 8766 Sep 11 3126 3116 3138 3115 ***** ***** Oct 11 3125 3115
      65 words
    • Article
      Lock icon LIFFE
      82 24 Jul 15 COCOA (£/tonne) Close Prev High/Low Sep 11 1992 1976 2008/1960 Dec 11 2020 2007 2035/1996 Mar 12 2036 2026 2050/2019 May 12 2043 2034 2050/2026 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2231 2261 2255/2225 Sep 11 2276 2306 2314/2266 Nov 11 2310 2337 2346/2300 Jan 12
      82 words
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  • Page 27 Advertisements
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      51 27 Choice BNtisH f T ln Singapore 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 Friday at all 7-Eleven outlets For advertising enquiries, call 9171-4327 9693-0266 or email
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      24 27 The NEW TGOltf Android app <s BEST MUSXj MARRED weekdays from 6am Jennifer Lopez On The Floor c DOWNLOAD IT FREE AT RADI09I3.COM NOW!
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article
      Lock icon Tech trends ushering in a new kind of business
      825 27  -  Flexibility to respond quickly to changing conditions is essential <yousay> By RICK REIDY The author is the president and CEO of Progress Software WE are half way through 2011, and we are seeing that things are looking up especially in the
      825 words
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      Lock icon Baby elephant walk: going beyond CMOS
      1184 27  -  Nobel Laureate Albert Fert discusses spintronics and its emerging applications in the IT industry <the bizIT interview> By ELIZABETH SU WHEN Albert Fert, Nobel Laureate for Physics (2007), talks about the evolution of nanoelectronics, he shows the picture of a big elephant and a
      COURTESY OF PROF ALBERT FERT  -  1,184 words
    • Article
      Lock icon Phone OSes vulnerable: report
      435 27  -  By AMIT ROY CHOUDHURY MOBILE phone operating systems (OS) like Apple’s iOS and Google’s Android, even while offering improved security for users over traditional desk-top-based operating systems, are still vulnerable to many existing categories of attacks, says a new study. Ronnie Ng, senior manager of systems
      435 words
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      Lock icon Yahoo sets eyes on mobile Internet users
      1019 28  -  It wants to be main launchpad to Internet for millions of new mobile users in South-east Asia, writes VICTORIA HO writes VICTORIA HO THE next three years will see the addition of 33 million new Internet users in South-east Asia. They will access
      YAHOO! SOUTH-EAST ASIA  -  1,019 words
    • Article, Illustration
      Lock icon Facebook’s engine nears burnout
      407 28  -  By ROBERT CYRAN REUTERS BREAKINGVIEWS [NEW YORK] Facebook has added 150 million members over the past six months, bringing its total to 750 million. The end of the social network’s rocket ride may, however, be in sight. The company’s growth rate has been slowing. It took
      REUTERS; BLOOMBERG  -  407 words
    • Article, Illustration
      Lock icon HTC announces plan to buy back 20m shares
      375 28 Bloomberg [TAIPEI] HTC Corp, Asia’s second-biggest maker of smartphones, plans to buy back as much as 2.4 per cent of its outstanding shares after a US International Trade Commission ruled that it infringed two Apple Inc patents. The company, based in Taoyuan,
      Bloomberg; BLOOMBERG  -  375 words
    • Article, Illustration
      Lock icon Competition: the more the better, says HTC
      925 28  -  Taiwanese phone maker feels product differentiation is key By AMIT ROY CHOUDHURY SMARTPHONE maker HTC was one of the early pioneers to team up with Google to make phones based on the Android OS (operating system). Now, most major phone makers, save for
      925 words
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