The Business Times, 25 November 2011

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Microfilm: NL31701
Total Pages: 31
1 32 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) 120/08/2011 Friday, November 25,
    23 words
  • Article, Illustration
    Lock icon Maybank Kim Eng eyes deals worth over $1b
    703 1  -  By LYNETTE KHOO [SINGAPORE] With the backing of new parent firm Maybank, the renamed Maybank Kim Eng is gunning for more mandates beyond $1 billion in deal size in the investment banking space. “It is our hope that with the combined entity
    703 words
  • Article, Illustration
    Lock icon Insurers look for cover in year of calamities
    706 1  -  Thai floods swamp insurance industry, may put pressure on premiums in Asia-Pac By EMILYN YAP [SINGAPORE] Already facing huge natural catastrophe claims and weak investment returns, insurers have been jolted by great-er-than-expected losses from Thailand’s worst flooding in decades. The floods could
    Source: Allianz  -  706 words
  • Article
    Lock icon MARKETS DIGEST
    139 1 GST INDEX 2,677.15 (+0.58) EST INDEX FUTURES 2,677 (unch) HSIMSCI 304.06 (-0.40) GSIMSCI FUTURES 304.80 (+0.50) FOREX US$ S$ US$ (S$ per US$) 1.308 (US$/S$ per 1.554 2.031 EURO (US$/S$/E) 1.338 1.749 Foreign currency per US$ S$ YEN 77.10 59.00 RM 3.186 2.436 HK$ 7.795 5.961 BAHT 31.30
    139 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      523 2 Insurers look for cover in year of calamities ALREADY facing huge natural catastrophe claims and weak investment returns, insurers have been jolted by greater-than-expected losses from Thailand’s worst flooding in decades. The floods could lead to a stricter assessment of risks in Asia Pacific and have sparked speculation
      523 words
    • Article, Illustration
      Lock icon Mainland Chinese top Q3 foreigner homebuyers list
      501 2  -  Foreigners bought 18.6% of all private homes sold in third quarter a new high By UMA SHANKARI [SINGAPORE] Buyers from mainland China continued to snap up private homes in Singapore’s east in the third quarter, pushing up their share of deals, according to
      Source: URA Realis, DTZ Research  -  501 words
    • Article
      Lock icon Microsoft ready to court Yahoo! again
      516 2  -  By VICTORIA HO [SINGAPORE] Microsoft may be looking to buy Yahoo! again, almost three years after it failed to scoop up the Internet pioneer. The software giant has signed a confidentiality agreement with Yahoo! to get access to the latter’s financial information, according to
      516 words
    • Article
      Lock icon Big players to pay more for IDA licence
      452 2  -  By JOYCE HOOI [SINGAPORE] The Infocomm Development Authority’s (IDA’s) new licence fee structure might give smaller operators cause to cheer and pave the way for more competition, but larger set-ups might actually see part of their licence fee bill expand. The IDA
      452 words
    • Article
      Lock icon 1.75 months bonus for civil servants in Dec
      415 2  -  By LEE U-WEN [SINGAPORE] Singapore’s 70,000 or so civil servants received an early Christmas present yesterday with the news that they will receive a 1.75month bonus in December. This comprises the annual variable component which the government has determined this year to
      415 words
    • Article, Illustration
      Lock icon 3 Olympus execs quit on the eve of board meeting
      776 3 Reuters [TOKYO] Three executives of Japan’s Olympus Corp resigned yesterday ahead of a boardroom showdown with ousted CEO Michael Woodford, as the British whistleblower said he would not be surprised if “some criminality” were involved in the scandal engulfing the
      Reuters; AP  -  776 words
    • Article
      Lock icon MF Global S’pore still to recover US$307m
      480 3  -  Liquidators report progress in winding down the business By KENNETH LIM [SINGAPORE] Customers of MF Global Singapore must wait until the futures brokerage recovers all of about US$307 million stuck around the world, even as liquidators reported progress in winding down the business.
      480 words
    • Article
      Lock icon CFD clients’ positions are secure: Kim Eng
      189 3 [SINGAPORE] Kim Eng Holdings has a total of $4 million worth of contracts for difference (CFDs) tied up in MF Global’s Singapore unit, said Ronald Ooi, executive advisor of the renamed Maybank Kim Eng. But its clients’ positions are secure because their margins
      189 words
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      192 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon China’s Baosteel Group sells more than 3b yuan bonds
      581 4  -  Renminbi bond investors bet on currency appreciation, say bankers By SIOW LI SEN BAOSTEEL Group Corp yesterday sold more than three billion yuan bonds as investors continued to lap up dim sum bonds despite less than sunny news streaming out of
      581 words
    • Article
      Lock icon SGX’s head of compliance to leave at the end of Nov
      253 4  -  Joyce Fong leaves after 20 years with the exchange By JAMIE LEE THE head of compliance and company secretary of the Singapore Exchange (SGX), Joyce Fong, will leave at the end of this month after 20 years with the
      253 words
    • Article, Illustration
      Lock icon PCCW spinoff can’t unwind tycoon discount
      375 4  -  By JOHN FOLEY REUTERS BREAKINGVIEWS [HONG KONG] Richard Li’s clever spinoff of Hong Kong Telecom was supposed to do two things: raise a bit of cash, and unwind the conglomerate discount that plagues the tycoon’s holding company. It only half-worked. The newly created HKT
      REUTERS  -  375 words
    • Article
      Lock icon Eurozone crisis manageable for Asia firms: Fitch
      372 5 [LONDON] Fitch Ratings says the economic fallout from the current eurozone crisis should be manageable for most Asian corporates, although certain sectors and geographies are more vulnerable than others. The first route by which the eurozone crisis could be transmitted to Asia is
      372 words
    • Article, Illustration
      Lock icon Work starts on Phase 2 of Saigon Centre
      325 5  -  45-storey project will have retail, dining, offices and serviced apartments By JOYCE HOOI WORK on Keppel Land’s Saigon Centre in Vietnam entered its second phase yesterday. Located in Ho Chi Minh City’s central business dis- trict, the first phase of the Saigon
      325 words
    • Article
      Lock icon Citi augments its listed derivatives business team in Asia
      298 5 Bloomberg CITIGROUP Inc is hiring more people for its listed derivatives business in Asia as global regulators write rules forcing more over-the-counter trades to exchanges. The unit’s team of sales people and traders has grown to 30 people from 19 in
      Bloomberg  -  298 words
    • Article
      Lock icon Barclays appoints J Tjandra as Greater China head
      224 5  -  By SIOW LI SEN BARCLAYS Wealth has appointed Januar Tjandra as head of Greater China as it grows its private banking business. Mr Tjandra will assume the newly created post on Dec 5. To be based in Hong Kong, the former Goldman
      224 words
    • Article
      Lock icon Heng Long set for delisting as SGX gives nod
      319 7  -  The crocodile skin tannery, acquired by LVMH, to announce delisting date later By EMILYN YAP CROCODILE skin tannery Heng Long International, which is being acquired by luxury goods giant LVMH, is one step closer to a delisting. The Singapore Exchange (SGX)
      319 words
    • Article, Illustration
      Lock icon Manulife sees its future in South-east Asia
      482 7 Its insurance business in region grows 30% yearly Reuters [TORONTO] For Manulife Financial, the present is Canada and the United States, but the future will increasingly be South-east Asia, where its insurance business is growing by 30 per cent a year with the
      Reuters  -  482 words
    • COMPANY BRIEFS
      • Article
        Lock icon CapitaLand sets up China subsidiary
        43 7 CAPITALAND has established a fully owned subsidiary in China. Known as CapitaLand Xinye (Hangzhou) Real Estate Development Co Ltd, the subsidiary has a registered capital of US$180 million and is principally involved in real estate development and management.
        43 words
      • Article
        Lock icon SingTel’s Optus prices A$75m note issue
        92 7 SINGAPORE Telecommunications’ wholly owned SingTel Optus Pty Ltd (Optus) has priced an A$75 million (S$95.3 million), seven-year fixed-rate note issue. The notes, to be issued on Dec 5, 2011, will be denominated in Australian dollars and mature on Dec 5, 2018. The issue comes
        92 words
      • Article
        Lock icon NH Ceramics reports lower full-year earnings
        50 7 NH CERAMICS has posted a net profit of $511,000 for the fiscal year ended Sept 30, 2011, down from $912,000 for the preceding financial year. Revenue dropped 35.65 per cent to $4 million. The group expects to remain profitable for the current financial year.
        50 words
      • Article
        Lock icon CEO of Temasek-controlled Pakistan bank resigns
        94 7 THE chief executive of NIB, the Pakistani bank controlled by Singapore’s Temasek Holdings, has resigned and will be replaced by an interim CEO. Khawaja Iqbal Hassan, who was instrumental in bringing Temasek as an investor in the Pakistani lender, will remain a non-executive member
        94 words
      • Article
        Lock icon Marco Polo Marine’s Q4 profit up 27%
        85 7 MARCO Polo Marine posted a 27 per cent increase in net profit from $2.8 million to $3.5 million for its fourth quarter ended Sept 30, 2011. Revenue for the same period grew 38 per cent to $20.3 million. For the full financial year,
        85 words
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      Lock icon Page 4 Advertisements Column 2
      141 4 TAD Since its inception the TAD Reference One has quickly become the established reference point for speaker systems in the new era of high definition audio. This ultra high end speaker system is based on highly advanced technology developed by TAD (Technical Audio Devices), creators of studio monitors favored by
      141 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Germany concerns cloud outlook
      539 6  -  ST Index ends only 0.58 of a point higher after a bigger initial rise on short-covering STOCKS R SIVANITHY Senior Correspondent TRADING in the local stock market yesterday followed a familiar pattern the Straits Times Index (STI) first rose thanks to short-covering after Wednesday’s 41-point fall
      Source: Bloomberg  -  539 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Nov 24 VALUE CLOSE BT OB/OS -571.00 +208.0 BT CADI -*****.00 -52.0 BT 10-day MA -*****.00 -57.00 FTSE ST Mid Cap 600.35 -2.40 FTSE ST Small Cap 407.85 -1.21 FTSE ST All Share 644.17 -0.42 FTSE ST China Top 188.85 -0.54 FTSE ST China 222.62 -1.34 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 10 1 0 0 0 4 10 1 Manufacturing 40 53 45 4 3 6 44 56 51 Commerce 23 15 19 3 6 0 26 21 19 Tpt/Stor/Comms 8 21 11
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Property Companies
        362 6 DBS Group Research, Nov 24 THE initial launch of Bedok Residences met with a good response. The 583-unit development, which is 50/50 owned by CapitaLand and CapitaMalls Asia (CMA), saw 350 out of the 450 units that were offered snapped up. The average selling price (ASP) was S$1,350
        362 words
      • Article, Illustration
        Lock icon Commodities Sector
        463 6  -  Compiled by CONRAD TAN OCBC Investment Research, Nov 24 LOOKING back at the results for the July-September quarter, soft commodity plays under our coverage generally did better, with most coming close to our expectations. For example, Golden Agri-Re-sources’ (GAR) Q3 2011 core earnings of US$116 million was about
        Source: Bloomberg  -  463 words
      • Article
        Lock icon Glossary:
        137 6 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        137 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,694 15,694 46,192 46,192 Manufacturing 150,980 5,951 156,931 103,159 51 103,210 Commerce 188,148 8,636 196,784 153,772 785 154,556 Tpt/Stor/Comms 124,401 12,109 136,510 168,485 1,371 169,857 Finance 20,530 20,530 168,671 168,671 Construction 88,885 20,657 109,542 32,159
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 6 Stock name Close Change CapMallsAsia 1.290 -0.005 CapitaLand 2.480 +0.020 CapitaMall 1.775 +0.045 CityDev 9.360 -0.230 ComfortDelGro 1.405 DBS Grp 12.060 -0.030 F&N 6.190 -0.040 GLP 1.800 +0.020 Genting SP 1.505 Golden Agri 0.670 +0.010 HK Land 4.530 -0.020 JMH 49.150 +0.170 JSH 29.340 +0.340 Jardine
      112 words
    • Article, Illustration
      Lock icon Euro boosted by Ifo business survey
      487 6 CURRENCIES Reuters [LONDON] The euro recovered from a fall against the dollar yesterday, helped by a surprise pick-up in German business sentiment, but more euro weakness was expected as investors fretted that the debt crisis is spreading to the region’s core economy. A better-than-expected
      Reuters; BLOOMBERG  -  487 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Golden Agri 112,774,000 Noble Grp 93,227,000 NexGenSCom 71,554,000 PSL Hldgs 52,539,000 HPH Trust US$ 51,142,000 Genting SP 47,884,000 Memstar 33,928,000 SingTel 20,237,000 NobleGrpMBeCW*****2 19,140,000 TopGlobal 19,112,000 VALUE($) Noble Grp 102,835,440 UOB 75,797,904 Golden Agri 75,506,620 Genting SP 72,439,135 SingTel 62,344,800 DBS Grp 46,127,430 HPH Trust US$
      60 words
    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP Jardine C&C 4520 104.0 2.4 Asia Pac Brew 2580 50.0 2.0 JSH 2934 44.5 1.2 DBXT S&P Short 10US$ 4521 43.1 0.7 DBXT MSINDO 10us$ 1430 34.0 1.9 JMH 4915 22.2 0.3 STXPO 100 690 15.0 2.2 GLD 10US$ ***** 14.4 0.1 Hyflux 6% CPS
      109 words
    • Article
      Lock icon FALLS
      123 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 9060-149.0 -1.2 DBXT FTVietnam 10US$ 2004 -90.2 -3.3 SIA.ES.1111 1030 -56.0 -5.2 Pru 500US$ 866 -44.5 -3.8 Lyxor MS India 10US$ 1163 -34.0 -2.2 DBXT MSUSA 10US$ 2805 -31.4 -0.8 Lyxor India Nifty 10 1176 -24.0 -2.0 CityDev 936 -23.0 -2.4 DBXT
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      Lock icon Page 7 Advertisements Column 1
      181 7 Double Energizing Power of Cordyceps Lingzhi For Energy Immunity 6281 5688 or 6757 4403 www.gnc.com.sg A OIMBO 10™ABLA, ASIA BUSINESS LEADERS AWARDS I f CONGRATULATIONS TO THE WINNERS OF THE 10™ ASIA BUSINESS LEADERS AWARDS Winners of CNBC's Asia Business Leaders Awards exemplify the best in leadership. They epitomize the
      181 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S’pore, KL firms urged to tap both markets
      565 8  -  Result of bullet train pre-feasibility study to be out by August 2012: M’sia minister By LEE U-WEN COMPANIES in Singapore and Malaysia should seize the opportunities in both countries to move up their competitive positioning in the global marketplace, said Singapore’s Trade
      LIANHE ZAOBAO  -  565 words
    • Article
      Lock icon New building guidelines take effect
      531 8  -  Guidelines will only affect new applications By MINDY TAN A MINIMUM plot size requirement of 1,000 square metres and a guide on the maximum number of dwelling units (DUs) for non-land-ed residential estates were put into effect by the Urban Redevelopment Authority (URA) yesterday. According
      531 words
    • Article
      Lock icon Lower real wages again in 2012, thanks to inflation
      540 8  -  By CHUANG PECK MING HIGH inflation is likely to continue to eat into pay in 2012, resulting in a drop in real wages for another year. And lower salary increments will make the cut even more painful. The only consolation is
      540 words
    • Article
      Lock icon Marriott undergoes $32m refurbishment
      323 8  -  Lobby, restaurants, guest rooms to be overhauled By MINDY TAN SINGAPORE Marriott Hotel is undergoing its largestscale renovation to date, with Tang Holdings investing $32 million to refurbish the hotel. Phase 1, which commenced in October, includes the makeover of the hotel lobby, with the front
      323 words
    • Article
      Lock icon Little impact from Thomas Cook woes
      385 8  -  British tourists who have booked tours protected by Atol By SIOW LI SEN TROUBLES at the iconic British travel agent Thomas Cook are unlikely to spill over into Singapore, travel industry players say. British tourists who have booked packages with Thomas Cook, the world’s
      385 words
    • Article
      Lock icon HDB launches another 4,200 new BTO flats
      229 8  -  By UMA SHANKARI THE Housing Development Board (HDB) yesterday launched another 4,200 new flats in seven build-to-order (BTO) projects, following its bumper launch of 8,200 flats just two months ago. The latest launch offers new flats in Bedok, Bukit Panjang, Hougang, Punggol and
      229 words
    • Article
      Lock icon Chestnut site draws top bid of $180m
      257 8  -  By MICHELLE TAN MALAYSIAN property developer SP Setia is muscling into the Singapore market after it submitted the top bid for a 99-year leasehold residential land site at Chestnut Avenue. The 201,278 square foot plot in District 23 which has a maximum permissible
      257 words
    • Article
      Lock icon Food caterers did best in F&B sector in 2010
      358 8  -  By TEH SHI NING SINGAPORE’s food and beverage (F&B) services industry rang up $6.24 billion in receipts last year, 10.6 per cent up from 2009, though only food caterers managed to improve profitability. Releasing its survey of the sector’s 2010 performance
      358 words
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  • ECONOMY WATCH
    • Article
      Lock icon Eurozone is in recession, says banking group
      346 9 It adds that conditions in the 17-nation bloc had deteriorated swiftly AFP [WASHINGTON] The eurozone has sunk into recession, a leading international banking organisation said on Wednesday, adding that conditions in the 17-nation bloc had deteriorated swiftly. “The situation in the euro area
      AFP  -  346 words
    • Article
      Lock icon Asian banks’ funding costs go north
      634 9 Borrowing becomes dearer as European banks repatriate money, curb lending Reuters [SYDNEY] For weeks, Asian banks and businesses have seen their borrowing costs climb as cashstrapped European banks repatriate funds and cut back on loans, knowing full well this is merely a down payment
      Reuters  -  634 words
    • Article
      Lock icon European crisis could hurt Japan, says govt
      398 9 Bloomberg Reuters [TOKYO] Japan’s government said European debt woes may depress the nation’s recovery from the March earthquake, citing the turmoil as a risk for the first time as the crisis deepens. “Further slowing down of less resilient overseas economies and volatile fluctuations
      Bloomberg; Reuters  -  398 words
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      111 words
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      Lock icon Page 9 Advertisements Column 2
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      414 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Police grill minister Shahrizat’s husband
      601 10  -  Businessman and others face probe into RM250m cattlefarming venture case By S JAYASANKARAN in Kuala Lumpur A PROMINENT businessman who is the husband of federal minister Shahrizat Jalil is among the “three to four people” being questioned by police in relation to a RM250 million
      601 words
    • Article
      Lock icon MISC to exit transhipment business
      503 10  -  Move follows losses of US$789m over past 3 fiscal years By PAULINE NG in Kuala Lumpur MALAYSIAN shipper MISC Bhd is getting out of the transhipment business after experiencing total losses of US$789 million over the past three fiscal years. As part of the exit,
      503 words
    • Article
      Lock icon Sampoerna Agro ups forecast for palm oil output rise to 10%
      294 10 Reuters [JAKARTA] Output at palm oil firm Sampoerna Agro will grow more than 10 per cent this year versus 289,000 tonnes in 2010 and higher than a previous estimate, an official of the Indonesian firm said here yesterday. Favourable
      Reuters  -  294 words
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      Lock icon Page 10 Advertisements Column 1
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      1,734 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India opens supermarkets to foreigners
      599 11 Reuters [NEW DELHI] India threw open its US$450 billion retail market to global supermarket giants yesterday, approving its biggest reform in years that may boost sorely needed investment in Asia’s third-largest economy. The world’s largest retail group, Wal-Mart Stores Inc, and its rivals see India’s
      Reuters; AFP  -  599 words
    • Article
      Lock icon China cuts reserve ratio for some rural banks
      664 11 PBOC move to help cash-strapped firms comes amid signs growth’s moderated Bloomberg [BEIJING] China widened efforts to support cashstrapped companies in Zhejiang and rural areas hit by a credit squeeze that’s slowing the second-largest economy just as Europe’s debt crisis saps export
      Bloomberg  -  664 words
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      207 11 Indulge in an all-you-can-eat freshly grilled seafood, meat, salad, appetisers and desserts galore. The award-winning Man 0' War wines, from Waiheke Island, New Zealand's Hauraki Gulf, complement your grill fest. The barbecue dinner buffet is available on 29 November 2011, at $98++ per person, at Brunch. For culinary reservations and
      207 words
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  • WORLD
    • Article
      Lock icon Tougher stress test may water down Citi, BofA payout plans
      614 12 New Fed rules state lenders must have capital to withstand ‘severe’ US recession Bloomberg [NEW YORK] Citigroup and Bank of America Corp are among lenders that may have to temper plans to raise dividends and buy back stock next year
      Bloomberg  -  614 words
    • Article, Illustration
      Lock icon New BPO job boom lures Filipinos back to homeland
      682 12 AFP [MANILA] Malaysia-based computer whiz Arlene Teodoro packed his bags and flew home to the Philippines this year, going against the tide in an impoverished country that sends millions of workers abroad. Forced to leave his family and friends in 2008
      AFP  -  682 words
    • Article
      Lock icon Financial job ads in S’pore, HK up 30%
      347 12 Increase is mostly driven by proximity, close ties with China’s dynamic economy Reuters [SYDNEY] Financial job advertisements in Singapore and Hong Kong jumped more than 30 per cent in the past 12 months, while postings in Australia dropped, with the European debt
      Reuters  -  347 words
    • Article, Illustration
      Lock icon UK banks ‘seen by investors as a dumb place to put capital’
      467 12 Reuters [LONDON] Not many investors see Britain’s banks as a wise place to invest and some see it as a “dumb place” to put capital at present, the head of majority state-owned lender Royal Bank of Scotland (RBS)
      Reuters; THE BUSINESS TIMES FILE PHOTO  -  467 words
    • Article
      Lock icon RBS to double its Asia wealth assets to US$30b
      402 12 It eyes more profit internationally than in UK in five years Bloomberg [MUMBAI] Royal Bank of Scotland Group plc (RBS), which manages US$15 billion in private wealth in Asia, plans to double its private banking assets there within five years, the
      Bloomberg  -  402 words
    • Article
      Lock icon S&P signals Japan closer to ratings downgrade
      632 13 Finances getting worse, govt making no progress in tackling debt burden, it says Bloomberg [TOKYO] Standard Poor’s said Japanese Prime Minister Yoshihiko Noda’s administration hasn’t made progress in tackling the public debt burden, an indication it may be preparing to lower the nation’s
      Bloomberg  -  632 words
    • Article, Illustration
      Lock icon TSE’s bid for rival may slow market share losses
      568 13 Alternative venues competing on speed, price gaining ground Bloomberg [HONG KONG] Tokyo Stock Exchange Group Inc’s proposed takeover of its Osaka rival may slow market share losses as alternative trading systems capture a growing portion of Japan’s equity business. The Tokyo
      Bloomberg; REUTERS  -  568 words
    • Article
      Lock icon Pawnshops get popular as banks turn picky
      680 13 Credit checks are not required, no impact on credit scores AP [NEW YORK] Pawnshops are beckoning from the shadows. At a time when banks have shut their doors to those with bad credit, a growing number of US borrowers are pawning their jewellery,
      AP  -  680 words
    • Article, Illustration
      Lock icon US pushes for talks on audits of China firms
      534 13 Critical to quickly settle cross-border inspections: SEC Bloomberg [WASHINGTON] US regulators seeking greater access to audits of Chinese firms are pushing Beijing’s top securities watchdog to resume talks on cooperation, said James Doty, chairman of the Public Company Accounting Oversight Board.
      Bloomberg  -  534 words
    • Article
      Lock icon Australia buyout deals top A$8.3b, highest in 5 years
      597 14 Private equity poised for more acquisitions but eurozone debt crisis poses key risk [MELBOURNE] Australia’s US$23 billion-plus pri-vate-equity industry is poised for more deals after a frenetic few months of activity that has put 2011 on track to be the biggest
      597 words
    • Article
      Lock icon KKR-led group lands Samson for US$7.2b
      456 14 Oil gas buyout is 2nd largest private equity deal this year Reuters [NEW YORK] A consortium led by private equity firm KKR Co clinched a deal to buy oil and gas group Samson Investment Co for US$7.2 billion, KKR said on Wednesday. The deal
      Reuters  -  456 words
    • Article, Illustration
      Lock icon Thomas Cook risks customer exodus after 75% stock slump
      466 14 Bloomberg [MILAN] Thomas Cook Group plc has said that it is “business as usual” as the UK travel company tries to secure financing from lenders. Customers might not wait that long. A 75 per cent plunge in Thomas Cook’s shares on
      Bloomberg; BLOOMBERG  -  466 words
    • Article
      Lock icon Dispute over direction of fair trade movement
      394 14 NYT [NEW YORK] A tempest in a coffee pot is bubbling in the world of “fair trade”, the socially responsible food movement that seeks to lift farmers in the developing world out of poverty by offering them a premium for crops such as
      NYT  -  394 words
    • Article, Illustration
      Lock icon HAVE A GOLDEN CHRISTMAS
      62 14 An employee of Japanese jeweller Tanaka Kikinzoku Jewelry unveils a 150 million yen (S$2.5 million) Christmas tree which will be on display till Christmas Day at the company's main shop in Tokyo on Nov 22, 2011. The 2.4 metre tall Christmas tree is decorated with heart
      AFP  -  62 words
    • Article
      Lock icon Australian retailers facing tough times, falling share prices
      401 14 Reuters [SYDNEY] Australian retailers are bracing for more tough trading conditions as consumers rein in spending on weaker asset prices and hot competition forces discounting, with one retailer describing the second half as the most difficult in 40 years. “In the aftermath
      Reuters  -  401 words
    • Article, Illustration
      Lock icon Bats Global-Chi-X Europe deal gets UK clearance
      546 15 Merger will create largest stock trading venue in Europe, with nearly1/4share Reuters [LONDON] US exchange Bats Global Markets has secured British regulatory backing for its US$300 million purchase of rival Chi-X Europe to create the region’s top share trading venue. Bats said yesterday
      Reuters; BLOOMBERG  -  546 words
    • Article
      Lock icon Nov German business morale rises unexpectedly
      608 15 Rise in Ifo business climate index to 106.6 pushes up euro, shares Reuters [BERLIN] German business sentiment rose unexpectedly in November for the first time in nearly half a year, suggesting that Europe’s largest economy is weathering the eurozone debt crisis and turmoil in
      Reuters  -  608 words
    • Article, Illustration
      Lock icon Sienna Miller tells inquiry of trauma due to phone-hacking by Murdoch’s tabloid
      583 15 Ex-F1 boss Max Mosley also takes the stand AP AFP [LONDON] Actress Sienna Miller told a media ethics inquiry yesterday that she was left paranoid and scared by years of relentless tabloid pursuit that ranged from paparazzi outside
      AP; AFP  -  583 words
    • Article
      Lock icon EU takes Germany to court on VW Drotection aw
      425 15 AFP [BRUSSELS] The European Commission decided yesterday to haul Germany before the top EU court for failing to scrap a law that protects auto giant Volkswagen from takeover bids. The EU competition watchdog wants the court to impose fines on Germany
      AFP  -  425 words
    • Article
      Lock icon Merkel remains firmly against bigger role for ECB
      513 15 Fitch downgrades Portugal’s rating to junk status, cutting it to BBB- AFP Reuters [STRASBOURG] Eurozone giants Germany and France vowed to propose changes to European Union governing treaties yesterday, but Chancellor Angela Merkel stood by her refusal to widen the role of
      AFP; Reuters  -  513 words
  • Page 12 Advertisements
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      42 12 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY INDIAN PROPERTY Right time to buy? High interest rates slow sales, but developers tempt with better prices HOP ON FOR A FUN HERITAGE RIDE GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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      2 13 «1estV*e.omV®9 www.omy.sg
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      85 13 BEST PRICE BUYING Yellow Gold, White Gold .Gold Coins 14k, 18k, 20k, 22k, 24k (PK) BUYING/SELLING High Value Branded Watches (PENG KWEE) Rolex Carrier Omega Patek Philippe IWC Chopard Vacheron Constantin Richard Mille Roger Dubuis Franck Muller Jaeger-Lecoultre Audemars Piguet Breguet Piaget Panerai #01-46 Peninsula Plaza #01-45 Peninsula Plaza #01-45
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      161 13 www. fas ci nati ng .travel Ultimate Dream Escapes., 3D Luxurious Retreats The Semara Seminyak fr$498 The Leopard Package fr$528 The Oberoi Lombok f $648 The Kayana Villa fr$688 9 Bali Lombok Karma Jimbaran 1N FREE Karma Kandara 1N FREE The Elysian Pool Villa The Bale Pavilion 1N FREE 3N
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      282 16/17 For those who have arrived but never stopped. Be light years ahead with the new Audi A8 flagship models the Audi A8 L W12 and Audi A8 L 4.2 TDI. Harnessing technology from the future, the Audi A8 far surpasses conventional standards of luxury. It fascinates with its imposing style,
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  • EDITORIAL & OPINION
    • Article
      Lock icon Beat piracy with a multi-pronged approach
      494 18 EDITORIAL LAST week, Microsoft announced that the use of pirated software saves its users in developing countries more than US$2.9 billion annually. The finding came from its study of manufacturers in Central and Eastern Europe, Latin America and the Asia-Pacific region. According to media
      494 words
    • Article, Illustration
      Lock icon Be thankful for the human capacity for moral growth
      785 18  -  THE BOTTOM LINE NICHOLAS D KRISTOF NYT IT’S pretty easy to conclude that the world is spinning down the toilet. So let me be contrary and offer a reason to be grateful this Thanksgiving. Despite the gloomy mood, the historical backdrop
      NYT  -  785 words
    • Article, Illustration
      Lock icon Good prognosis for health care in Asia
      938 18  -  Investing in the region’s healthcare industry today is likely to pay off in the long run By MARK ERHART The writer is the CEO and MD of Sentosa Capital Advisors IT IS no coincidence that over the past couple of years we have
      REUTERS  -  938 words
    • Article, Illustration
      Lock icon Key task ahead for Asean
      1112 19  -  To achieve the grouping’s integration, member states must rise above national interests By SANCHITA BASU DAS The writer is lead researcher for economic affairs at the Asean Studies Centre, Institute of South East Asian Studies. These are her personal views THE 19th Asean and related
      REUTERS  -  1,112 words
    • Article, Illustration
      Lock icon Strong, delicate touch
      556 19  -  By KEITH BUDGE The writer is vice-president and managing director for Asia-Pacific and Japan at Progress Software, a company that supplies software for business applications ONCE again, Singapore is demonstrating through action why it is one of the most dynamic business environments in the world. The Singapore
      AP  -  556 words
    • Article
      Lock icon Directorships: look beyond the number
      432 19  -  LETTER TO THE EDITOR Sovann Giang Executive Director Singapore Institute of Directors I REFER to the letter from Mak Yuen Teen, “Time to set bolder limits on number of directorships” (BT, Nov 18) and his article, “Good code, pity about the governance culture” (BT, Nov
      432 words
    • Article
      Lock icon Emerging markets batten down the hatches
      726 19  -  By ANN WYMAN The writer is head of emerging markets research, EMEA (Europe, the Middle East and Africa), Nomura EUROPEAN contagion risks are growing, and emerging markets are not immune. Policymakers should sharpen their crisis-management tools and prepare for negative growth headwinds. The European
      726 words
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      103 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon Jetstar launches Beijing flight, eyes more of China
      560 20  -  Jetstar Asia to fly to 12 points in China by 2012, CEO Chong Phit Lian says By VEN SREENIVASAN EVEN as its parent remains embroiled in labour disputes and controversy following the recent grounding of its fleet, Jetstar continues to aggressively grow
      ALPHONSUS CHERN/THE STRAITS TIMES  -  560 words
    • Article
      Lock icon UAE plans to make its own business jets
      807 20 Bloomberg [ABU DHABI] The United Arab Emirates plans to manufacture its own business jets before the end of the decade and become a main supplier to Boeing and Airbus SAS, as the oil-rich region transforms itself into a global aviation hub. Mubadala
      Bloomberg  -  807 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 20 SGX '000 Nov 24 S$ +/-Vol CH Offshore unch unch 0 Chuan Hup Hldg unch unch 0 Cosco Corp 0.87 -0.01 4889 CWT Ltd 1.01 0.01 29 Ezra Hldgs 0.83 -0.02 2784 First Ship Lea 0.29 unch 78 Freight Links 0.06 unch 495 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon M’sia lets 3 oil storage ships stay in its waters
      456 20 Reuters [SINGAPORE] At least three loaded floating oil storage supertankers have been allowed to remain anchored in southern Malaysian waters, more than three months after the Malaysian government ordered their eviction, industry sources said yesterday. A total of seven converted
      Reuters  -  456 words
    • Article, Illustration
      Lock icon Airbus CEO sees fewer orders in 2012
      355 20 Reuters [FRANKFURT] Airbus, the aircraft making arm of EADS, expects to receive fewer new orders in 2012 compared with this year, when customers snapped up the new A320neo aircraft, chief executive Thomas Enders said in a newspaper interview. “There won’t be the same
      Reuters; BLOOMBERG  -  355 words
    • Article
      Lock icon Capesize dry bulk rates on Asian routes seen to fall
      433 20 Reuters [SINGAPORE] Rates for capesize dry bulk carriers on key Asian routes are expected to fall over the next week on expectations that iron ore shipments to China will decline, ship brokers said yesterday. Fixture rates for capesize vessels on
      Reuters  -  433 words
    • Article
      Lock icon Top Transocean manager to quit after 30-year stint
      276 20 Reuters [LONDON] Transocean Ltd, owner of the world’s largest offshore drilling fleet, announced the departure of a former high-flying executive as the company struggles to improve its performance. Arnaud Bobillier, after three decades with Transocean and a predecessor company, agreed on Wednesday
      Reuters  -  276 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7971 21 Transaction date: Nov 24 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 11.6 8Telecom 15.5 10.5 15 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 4.5 4.5 5.5 2.9 1.7 32.2 65
      7,971 words
    • Article
      Lock icon SGX CATALIST
      1570 22 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 12.2 t 800 Super 12.7 12.7 13.5 4.7 4.3 4.9 22.7 5.5 2.5 t AA Grp 3.3 2.8 3.3 15.7 3.2 200 98
      1,570 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10084 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.17/ APS Alpha Fund (USD)!** 0.9/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.58/ Aberdeen Asset Mgt Asia Limited American Opp 0.6075/ Asian Credit Fund
      10,084 words
    • Article
      Lock icon GLOBALQUOTE
      233 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A34 -5 4 34 34 34 45.5 3.6 10.3 2.7 88.5 49 25.5 Genting HK US$ US28 +0.5 9166 28.5 27.5 27.5 28 1843.7
      233 words
    • Article
      Lock icon SGX ETF
      879 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 116.7 116.4 117.3 532.7 1261 856 CIMBAsean40 100US$ US918 -10 2 918 918 922 928 36.7 ***** ***** DBXT AUD
      879 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 23 In local curr In S$ In US$ dy yr dy yr dy yr Nov 23 Index Change Change Change Change Change Change World Preliminary 776.2 -1.5 -13.5 -1.4 -11.7 -1.9 -13.6 EAFE Preliminary 640.9 -1.1 -20.0 -1.4 -18.0 -2.0 -19.8 Europe Preliminary 937.9 -1.4 -19.7
      373 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Nov 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.17 -0.93 WTI (Near Mth) 96.52 -1.04 Dubai (1-Mth F) 105.60 0.02 Tapis blend 114.63 1.10 Minas 111.03 0.80 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.33 0.33 Jet Kerosene 127.20 0.70 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Nov 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1122.50 1153.00 1158.50 1120.50 Mar 12 1131.50 1162.75 1167.25 1130.00 May 12 1140.25 1172.00 1175.75 1137.00 Jul 12 1148.25 1180.75 1185.25 1146.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 49.32
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      75 23 Nov 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 23.02.2012 0.31 1-Year BY*****W 01.11.2012 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.31 5-Year N*****0W 1.125 01.04.2016 102.45 10-Year NX*****X 2.250 01.06.2021
      75 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      457 23 Nov 24 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.3625 0 2956 Mar12 99.2000 0 3330 Jun12 99.1650 0 1201 Sep12 99.1600 0 550 EUROYEN TIBOR FUTURES Dec11 99.6650 99.6650 99.6650 99.6650 0 4432 Mar12 99.6575 0 1937 Jun12 99.6550 99.6550 99.6550 99.6600 0 1470
      457 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      128 23 As on 23 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT DEC2011 1710.40 1678.40 1696.20 101 SILVER FUT DEC2011 32.305 31.875 31.900 3 CURRENCY AUD-USD FUT DEC2011 .9761 .9642 .9682 2638 EUR-USD FUT DEC2011 1.3480 1.3329 1.3359 8275 GBP-USD FUT
      128 words
    • Article
      Lock icon SGX FUTURES
      171 23 Nov 24 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 325.0 316.0 325.0 12 482 Jan 12 326.0 326.0 326.3 10 330 Feb 12 329.0 213 Mar 12 334.3 333.0 335.4 11 296 Apr 12 342.1
      171 words
    • Article
      Lock icon LONDON METALS
      71 23 Nov 23 Nov 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2005.75 2050.00 3 months 2024.00 2070.50 Copper, Grade A (US$/tonne) Cash 7213.00 7303.00 3 months 7240.00 7330.00 Lead (US$/tonne) Cash 1981.75 1996.25 3 months 2005.00 2019.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 23 Nov 23 COCOA (£/tonne) Close Prev High/Low Dec 11 1516 1510 1529/1508 Mar 12 1544 1540 1560/1536 May 12 1558 1554 1572/1551 Jul 12 1574 1569 1578/1567 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1884 1837 1884/1855 Jan 12 1885 1878 1900/1870 Mar 12 1924 1914 1930/1907 May 12
      82 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2101 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 55 49.00 30 ASJ Hldgs W*****1 0.1 1 4 24 33.00 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.4
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    • Article
      Lock icon INTERBANK CROSS RATES
      463 23 Nov 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.019 6.197 0.728 7.590 50.786 89.828 0.751 11.281 3.102 1.310 85.266 42.514 1.273 8.309 0.895 29.632 30.478 0.627 0.974 Canada 0.981 6.082
      463 words
    • Article
      Lock icon SIBOR
      82 23 Nov 24 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      140 23 Nov 24 GOLD (US$/oz) Nov 23 Nov 24 Hong Kong 1701.00 1698.50 Nov 22 Nov 23 London 1696.99 1679.30 1698.00 1680.30 Source: Thomson Reuters Source: Reuters CAST BAR Nov 24 (S$) Selling Buying Kilobar 76,645.17 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 172 71 5gm 487 357
      140 words
    • Article
      Lock icon PALM OIL
      57 23 Nov 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 3107 3118 3128 3102 106 2347 Jan 12 3122 3113 3136 3096 1632 ***** Feb 12 3121 3108 3133 3128 ***** ***** Mar 12 3119 3107
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    • Article
      Lock icon STOCK INDEX FUTURES
      24 23 Nov 24 Open High Sett STI Nov 2677 SIMSCI Nov 303.3 306.1 304.8 Taiwan Nov 243.8 245.2 242.9 Source: SGX Derivatives
      24 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Nov 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2729 1.2736 0.9737 0.9738 Canadian dollar 1.2491 1.2501 0.9555 0.9558 Euro 1.7483 1.7497 1.3373 1.3378 NZ dollar 0.9713 0.9720 0.7430 0.7432 Sterling pound 2.0308 2.0321 1.5534 1.5537
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Nov 24 S$ Bid Offer 1-month 1.3073 1.3079 2-months 1.3072 1.3078 3-months 1.3068 1.3075 6-months 1.3043 1.3054 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 Nov 24 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.299 1.238 Can dollar 1.274 1.225 Euro 1.781 1.713 Sterling pound 2.071 1.992 NZ dollar 0.996 0.949 US dollar 1.33 1.279 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 23 Nov 24 $S Offer Bid 0vernight 0.01 par 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 1.00 0.80 12
      154 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    4443 24 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
    4,443 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      28 24 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? KLINE BSA To All Shipping Advertisers: Please call Joe Wong at 9620 1327
      28 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      102 25 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? R rgently n cl cl by snipp rs n they -Find youi re in -the Shippii servio ig Time THE BUSINESS TIMES SHIPPING TIMES Celebrate Your Project Completion Come publicise your Project Completion, Ship
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      Lock icon Page 25 Advertisements Column 2
      16 25 PLACE YOUR AD HERE I CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES
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  • executive lifestyle
    • Article, Illustration
      Lock icon Everyman's musicfest
      1958 26  -  While English music festivals are the big draws, a coterie of non-English music promoters have had growing success with smaller festivals, braving the challenges of costs and mainstream appeal, reports CHRISTOPHER LIM ACURSORYglanceatthenumber of gigs happening everyweekmightsuggest that Singapore’s music scene has never been richer, and music festivals
      PHOTO-ILLUSTRATION: MOHD KHAIRIE; PHOTOS: SUNDOWN, UPTOTHESKY, UNUSUAL ENTERTAINMENT; OCEAN BUTTERFLIES  -  1,958 words
    • CINEMA
      • Article, Illustration
        Lock icon At daggers Dawn
        656 27  -  The stage is set in the Twilight saga’s Breaking Dawn where Bella’s baby bump signals that the darkest hour may just be before first light, writes DYLAN TAN IF schools ever felt the need to make their sex education more hip, they could make The Twilight Saga:
        PHOTOS: SUMMIT ENTERTAINMENT  -  656 words
      • Article, Illustration
        Lock icon Kitty capers fit for tots
        615 27  -  By GEOFFREY EU SHREK and Princess Fiona may be living happily ever after and making green ogre babies in DVD heaven but there’s still plenty of life (nine, to be exact) in the old franchise yet. Puss in Boots, a movie from DreamWorks Animation, gives
        PHOTOS: DREAMWORKS ANIMATION  -  615 words
      • Article, Illustration
        Lock icon Descent into heart of darkness
        410 27  -  DVD REVIEW By CHRISTOPHER LIM INDIAN actress Freida Pinto’s star has been on the rise every since her breakthrough three years ago in Slumdog Millionaire, and she filmed her first sex scene albeit with a body double in Immortals, which opened last week. So you
        410 words
    • MUSIC
      • Article, Illustration
        Lock icon Soprano’s special date
        746 28  -  Welsh soprano Katherine Jenkins will fly into town next month for her one-night debut featuring opera arias and Broadway classics, writes CHRISTOPHER LIM THE thrill of getting on stage and interacting with new audiences is what Welsh soprano Katherine Jenkins lives for, which is why she can’t
        746 words
      • Article, Illustration
        Lock icon Rocket Man lets pyrotechnics rip
        478 28  -  By DYLAN TAN IT’S not easy condensing four decades of your music career into a three-hour show, but Elton John pulled it off more or less at his sold-out show at the Indoor Stadium last Sunday evening. Billed as his Greatest Hits Tour, the 63-year-old
        PHOTOS: ALOYSIUS LIM  -  478 words
      • Article, Illustration
        Lock icon Pink Floyd forever
        576 28  -  Wish You Were Here Experience/Immersion editions Pink Floyd Warner Rating: B+ CD REVIEW By DYLAN TAN CHRISTMAS comes early for fans of English prog-rock band Pink Floyd. Its seminal 1975 album Wish You Were Here has been remastered, repackaged and expanded into two different editions Experience and
        PHOTOS: WARNER  -  576 words
    • ARTS
      • Article, Illustration
        Lock icon Spacey inhabits the vile Richard III
        786 29  -  With an ensemble cast of veterans, Kevin Spacey gives Shakespeare’s odious monarch the spit and polish it so rightly deserves, reviews JAIME EE MAYBEit’s the prodigal theatregoer speaking, but with The Bridge Project’s Richard III, it looks like the long winter of discontent with
        PHOTOS: BLOOMBERG, SRT  -  786 words
    • ARTS/GAMING
      • AROUNDTOWN
        • Article, Illustration
          Lock icon A play for women, by women
          138 30 Three women, completely different in character, but binded by their experiences with one, violent man. Can’t Stand Up for Falling Down (right) by Skinned Knee Productions takes on the very serious issue of domestic violence with a series of monologues and scenes that weave
          138 words
        • Article, Illustration
          Lock icon Filipino fusion palette
          155 30 Artist collaborations have always been a tradition in Filipino art, and Galerie Sogan Art celebrates that with their current group exhibition, titled Interplay. Featuring the five-man collective, Quinta, the exhibition highlights five large works (below) created through the combined efforts of the group members. Each work is
          155 words
        • Article
          Lock icon Taking Chinese opera to the streets
          171 30 Gone are the days when people would gather around a wooden stage in the middle of the street to watch a piece of Chinese opera together. But here’s a chance to relive those memories, except in a cosier environment. Catch the traditional Cantonese opera,
          171 words
        • Article
          Lock icon Marquis bargains are back
          107 30  -  Compiled by NATALIE KOH The annual designer furniture warehouse sale by Marquis is back. Expect discounts of up to 70 percent off on in-stock and display Italian furniture and home accessories, and up to 50 per cent off on new orders of imported furniture. Furniture by
          107 words
      • Article, Illustration
        Lock icon The writing’s on the wall
        1034 30  -  Graffiti, all totally legal mind you, took pride of place at an exhibition recently, writes NATALIE KOH GRAFFITIsheditscane-wor-thy status for an evening last Saturday when a large crowd gathered around 18 graffiti artists to watch them take turns spraying a huge10by2.2mcanvason awallatTanjongPagarDistripark along Keppel Road.
        CEET  -  1,034 words
      • Article, Illustration
        Lock icon Lock and load, it’s war
        610 30  -  GAMING REVIEW By CHRISTOPHER LIM IF you have ever wanted to star in a Tom Clancy novel or Steven Spielberg war movie, Call Of Duty: Modern Warfare 3 is your chance. The first-person shooter (FPS) is so deft at military thrills that this latest instalment
        610 words
      • Article, Illustration
        Lock icon Home truths
        597 30  -  By NATALIE KOH IT’S not uncommon for young Singaporeans to want to go out and explore the world before settling back home to start a career. But every once in a while, you get someone who chooses not to return, much to the dismay of his parents. It’s
        PHOTOS: ERN & JOIS FOR CREATIVE CUBE  -  597 words
    • DRINKS
      • Article, Illustration
        Lock icon Charity high at Beaune
        689 31  -  French stars doubled as auctioneers at the world’s biggest charity wine sale at the Hospices de Beaune where the best lots were going, going... gone, reports MARCEL MICHELSON Reuters CELEBRITIES, the business community and the wealthy bid for casks of fine wine in the world’s biggest
        Reuters; PHOTOS: AFP, N K YONG  -  689 words
      • Article, Illustration
        Lock icon World’s most famous Bar is 100
        539 31  -  By MICHAEL MAINVILLE AFP FAVOURITE of Ernest Hemingway, birthplace of the Bloody Mary, haunt of generations of expat Americans in Paris there are few watering holes that can boast the legacy of Harry’s New York Bar. And as the venerable establishment celbrated its 100th
        AFP  -  539 words
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      352 28 CRYPTIC CROSSWORD Across 1 Mark isn’t included (10) 6 Nick Nolte’s first to get in drink (4) 9 Wild glee after securing a great score in golf (5) 10 Books are full of these judgments (9) 12 Turn somersaults around a boy? That’s normal (7) 13 Own a part of
      352 words
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      198 29 r r_ Jj lv" OSS <V. f i- -»V T t l- "-V~ E T. L/ i r :> a Kfw <A' C.' Starry Night by Vincent, van Gogh, c. 1888-1889, Oil on canvas RMN (Musee d'Orsay) Herve LewandoWski sV-l; We find beautiful ways to expand your perspective. At HSBC,
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      93 31 Hi v< >\ vO ]MlL SssH! 7? 0 i r Hi IS m i^VS S3" l a k i t" r 2S J V w> H 1 ts> M "i vt V •OH F I -r V I -•rJ^ A SHOPPE STYL Power lunch at one of over twenty restaurants.
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      196 32 G A R I J ■H mt sa» o V •j W. I v\ >2 1 v\ y m V o •<£ i I k ,i O Si A o O vN CD J < o i 0 i «s V t^3! %jMrrr cr r inigit«r Cb > <o 2S£S»
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