The Business Times, 11 June 2012

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Microfilm: NL32035
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, June 11, 2012
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  • Article, Illustration
    Lock icon Spain ring fenced with 100b euro bank bailout
    879 1  -  IMF, US welcome eurozone’s move, which is likely to settle frantic global markets By NEIL BEHRMANN in London SPANISH Prime Minister Mariano Rajoy hailed a bailout of up to 100 billion euros (S$160 billion) for its ailing banks as a victory for
    PHOTO: AP  -  879 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 2,737.89 -7.82 KL COMP 1,570.62 -2.97 NIKKEI 225 8,459.26 +19.01 HANG SENG 18,502.34 -56.00 SET INDEX 1,127.10 +11.91 JAKARTA COMP 3,825.33 +25.56 MANILA COMP 4,994.07 -68.37 SEOUL COMP 1,835.64 +1.13 SHENZHEN B 619.43 -27.16 MUMBAI IND 16,718.87 +753.71 DOW 12,554.20 +435.63 NASDAQ 2,858.42 +110.94 S&P
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    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 us$ s$ US$ (S$ per US$) 1.287 (US$/S$ per 1.542 1.984 EURO (US$/S$/E) 1.246 1.604 Foreign currency per US$ S$ YEN 79.20 61.50 RM 3.190 2.478 HK$ 7.758 6.027 BAHT 31.75 24.66 RUPIAH 9,425 7,321 RENMINBI 6.371 4.949 INDIAN RUPEE 55.61 43.20 A$ 1.017 0.790 NZ$ 1.310 1.018
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  • Article
    Lock icon Investors unwisely chasing bonds and ignoring equities
    952 1  -  Average global earnings yields now exceed inflation rates By NEIL BEHRMANN in London GLOBAL equities are offering the best value relative to bonds since the *****009 bear market. Such has been the flight into US, German and UK bonds that their yields have
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      116 1 DINING OUT Provence Le Restaurant is a little gem PAGE 21 BizIT Hewlett-Packard charts ‘One HP’ direction PAGE 28 EUROZONE Banking union offers a glimmer of hope PAGE 2 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or
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      9 1 SHIPPING Sea Asia is holding its own PAGE 20
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      675 2 Spain ring fenced with 100b euro bank bailout SPANISH Prime Minister Mariano Rajoy hailed a bailout of up to 100 billion euros for its ailing banks as a victory for the common currency and an endorsement of his policies, saying also that the deal will not affect the
      675 words
    • Article
      Lock icon More China stimulus likely as May data stays weak
      798 2  -  But most economic figures were slightly on the upside compared to April By VIRGINIE MANGIN in Beijing CHINA’S economic data for May, which came out over the weekend, was no cause for joy, but some indicators did rebound slightly after last
      798 words
    • Article, Illustration
      Lock icon Banking union idea offers eurozone a glimmer of hope
      1271 2  -  It would help sever link between bank rescues and government finances By VIKRAM KHANNA [SINGAPORE] With Spain’s economy in desperate straits and the European Union’s sovereign debt crisis in danger of turning catastrophic, a new buzz-phrase has raised a glimmer of
      REUTERS  -  1,271 words
    • Article, Illustration
      Lock icon CapitaLand has shoebox homes at Bedok Residences
      576 3  -  Its smallest unit is 517 sq ft; CEO had stirred debate with ‘inhuman’ remark By FELDA CHAY [SINGAPORE] CapitaLand Group, whose CEO recently called shoebox homes “almost inhuman”, has residential projects with units that fall within this category. At Bedok Residences, 37 of
      576 words
    • Article
      Lock icon Spanish bailout relief rally may be short-lived
      801 3  -  US jobs, consumer spending data not giving clear picture WALL STREET INSIGHT By ROB CURRAN SPAIN’S bank bailout deal may help US stocks build on last week’s gains. The last two weeks epitomised the highly volatile markets that have all but scared retail
      801 words
    • Article, Illustration
      Lock icon HDB first – the ring can wait
      1176 3  - HDB first the ring can wait Why more young couples are deciding to buy a flat together before saying ‘I do’ By RACHEL AU-YONG [SINGAPORE] A small but significant number of un-der-25s are putting down the deposits for their first flats even before the man has gone down on one
      1,176 words
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      96 2 CHINESE INTERNATIONAL SCHOOL EAST WEST EDUCATION CIMIS CHINESE INTERNATIONAL SCHOOL CPE Registration No: *****7850N Validity Date; 26 Apr 2011 -25 Apr 2015 y sh K du'i s r Tv .1 /w\ V rTV* 1 "V-.. Vi AN IB WORLD SCHOOL Bilingual Learning in English Chinese A Multicultural Education for an
      96 words
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      190 3 World s Finest Serviced Offices Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed Call to arrange a personal tour today! W servcorp.com.sg Or Google "Servcorp' Levels 30 and 31 Six Battery
      190 words
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      757 4 UP YOUR MANAGEMENT SKILLS Utilising areas of Productivity, Social Media Negotiation Who should attend: Corporate Communications Professionals, Human Resource Professionals, Head Hunters, Search firm owners, Team Leads, Departmental Heads, Operational Managers, Supervisors Register at www.stjobs.sg/seminars FULL-DAY WORKSHOPS Transforming Service Breakdown to Opportunities Monday, 18 June, SPH News Centre (9.30am to
      757 words
  • COMPANY NEWS
    • Article
      Lock icon S’pore investors cut US stock holding in Q1
      735 4  -  They didn’t share the global bullish mood and dumped a net US$2.83b of equity By CHUANG PECK MING SINGAPORE was one exception to the stock-buying spree in the first three months of the year when foreigners were snapping up Wall Street shares
      735 words
    • Article
      Lock icon US business software makers eye IPOs
      688 4 They are tapping on growing market for cloud computing Reuters [NEW YORK] Data analysis software company Tableau Software and developer tools maker Atlassian are among several small, business software firms preparing to go public in the next 12 months, hoping that a growing market
      Reuters  -  688 words
    • Article
      Lock icon Significant trades, rare acquisitions
      1701 7  -  Although the number of firms and trades were flat, values were high with buys worth $11.5 million and sales worth $3.6 million INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd UYING was flat while selling among directors remained low, according to
      1,701 words
    • Article
      Lock icon Asia Water to acquire 69% stake in Nanfang
      219 7 ASIA Water Technology plans to acquire a 69 per cent stake in China water treatment company Nanfang Water for up to 409.3 million yuan (S$82.4 million). Asia Water has entered into a share sale and purchase agreement with Target Trend Management to
      219 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      906 7 Payment Ex Books Pay Ann (cts) date close date date Action Asia ak 0.800 14-Jun 18-Jun 28-Jun 28-Mar AEM Hldgs aw 0.350 01-Aug 03-Aug 17-Aug 14-May AIMS Amp Cap Ind Reit cn 2.700 02-May 04-May 19-Jun 23-Apr Amara Hldgs an 0.600 12-Jun 14-Jun 27-Jun 12-Apr Amtek Engg aw
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    • Article
      Lock icon PRIME LENDING RATES
      246 7 Jun 8 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Arab Bank PLC Bank Julius Baer Co. Ltd(S) 5 Banco Bilbao Vizcaya 6 Bank of Communications 5.5 Bank Julius Baer Co. Ltd(S) 6 5 Bank of America NA 5 Bank
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    • Article
      Lock icon COMPANY MEETINGS
      210 7 COMPANY MEETING PLACE DATE TIME Reyphon Agri E 10 Ang Mo Kio Street 65 #06-10 Techpoint Singapore *****9 11-Jun 10.00am Chinavision A Kennedy Room, Level 7 Conrad Hong Kong Pacific Place, 88 Queensway Hong Kong 11-Jun 11.00am Hafary Hldgs E 8 Wikie Road #03-08 Wikie Edge Singapore *****5
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      55 5 NATURAL GAS LET’S POWER OUR GROWING WORLD WITH CLEANER ENERGY Natural gas is one of the most abundant sources of energy available today and, with Shell’s continued innovation, it could provide the world with cleaner energy for the next 250 years at current production. Check out our interactive advertisment in
      55 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Volatile week ahead of Greece’s elections
      647 6  -  STOCKS R SIVANITHY Senior Correspondent OVER the past couple of months, themes that have featured in this column include, in no particular order of importance: Greece’s debt worries, the low volume and resultant high volatility; that falls are more likely to be due to
      647 words
    • Article
      Lock icon Asian units gain as global easing boosts optimism
      511 6 CURRENCIES Bloomberg [TAIPEI] Asian currencies gained last week for the first time since April on optimism stimulus measures in the world’s largest economies will support regional exports. Policy makers in China cut their deposit rate by 25 basis points to 3.25 per
      Bloomberg  -  511 words
    • Article
      Lock icon Brent oil nears 17-month low
      571 6 COMMODITIES AFP [LONDON] Commodity markets struggled last week, with Brent oil approaching a 17-month low, as traders balanced demand fears and the fragile economic outlook against China’s surprise interest rate cut. Investor sentiment took a knock after the Bank of England (BOE), the European Central
      AFP  -  571 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1461 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Cap Ind REIT 2.00 2.00 2 10.00 11.25 1.42 1.13 Amtek Engg 1.60 2.20 5 0.07 7.34 0.94 0.63 ARA Asset Mgt 1.38 1.50 8
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 6 Jun 8 VALUE CLOSE BT OB/OS -276.00-148.00 BT CADI -*****.00-150.00 BT 10-day MA -*****.00 -28.00 FTSE ST Mid Cap 636.96 -1.94 FTSE ST Small Cap 418.99 -3.08 FTSE ST All Share 663.05 -4.64 FTSE ST China Top 186.42 -1.90 FTSE ST China 211.01 -1.65 FTSE ST Catalist
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    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Golden Agri 482,915,000 GSH Corp 208,151,000 Noble Grp 151,151,000 Genting SP 146,434,000 Olam 142,641,000 NexGenSCom 142,073,000 Sakari 123,455,000 Teledata R 95,767,000 ChinaTaisan 88,988,000 Yoma 84,854,000 VALUE($) Golden Agri 299,380,635 SingTel 250,023,858 DBS Grp 247,777,836 Olam 228,608,352 Genting SP 215,337,879 Keppel Corp 191,252,188 UOB 174,369,245 Noble Grp
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    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP DBXT Nifty 10US$ 9246 581.7 5.1 GLD 10US$ ***** 256.1 1.3 DBXT AUDCS 5SG$ ***** 212.0 0.8 JSH 3150 195.6 5.1 Lyxor Indonesia10US$ 8580 139.0 1.3 DBXT SPASX200 10US$ 3097 130.0 3.4 DBXT STGLDv100 10US$ 2630 90.1 2.7 Jardine C&C 4215 90.0 2.2 JMH 4844
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    • Article
      Lock icon FALLS
      135 6 BY CENTS CLOSE DOWN DBXT DBLCI-OY 5US$ 3504 -678.2 -13.1 IS S&P500 ***** -496.8 -2.9 OCBC Bk 5.1%NCPS 100 ***** -286.0 -2.7 OCBC Bk 4.5%NCPS 100 ***** -198.0 -1.9 Lyxor AsiaIT 10US$ 2529 -144.1 -4.2 DBXT MSUSA 10US$ 3141 -100.4 -2.4 DBXT E50 10US$ 2960 -72.1 -1.9 DBXT DBCBDJUBS
      135 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
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      Lock icon Page 7 Advertisements Column 1
      456 7 Awesome! 5 mins Walk to Newton MRT and 8 mins to Orchard. 2 rooms, 840sqft, city view, 2 yrs lease. Asking $7K. Keith *****972 CEA: R*****3F Huttons Asia Licence: L*****99K E*TRADE PRO EMPOWERS YOU TO SEIZE U.S. MARKET OPPORTUNITIES Smart trading with powerful charting, streaming market data and sophisticated options
      456 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Bidders here make bigger deals in India
      895 8  -  Despite caution in M&A activity, they invested US$417m in their ventures By MALMINDERJIT SINGH SINGAPORE-BASED bidders raised the value of their acquisition deals in India in the year ended April 2012, despite the general caution shown in merger and acquisition activity there during
      895 words
    • Article
      Lock icon Prefab hub a pillar of productivity: Khaw
      240 8 PREFABRICATED building components are a key plank of Singapore’s push to raise construction productivity, but the making of these prefab parts can itself be more efficient. The new $36 million Tiong Seng Prefabrication Hub in Tuas is an example of how the production
      240 words
    • Article
      Lock icon ESM Goh heads to Myanmar
      419 8  -  He wants to further enhance bilateral cooperation By LEE U-WEN EMERITUS Senior Minister Goh Chok Tong arrives in Myanmar later today for a four-day official visit his first to the South-east Asian country in three years. Mr Goh wants to explore ways to further enhance
      419 words
    • Article, Illustration
      Lock icon Long Beach’s exotic seafood fare
      698 8 Make use of BT’s upcoming offer to savour the many delectable treats that the famous restaurant serves BT READERS’ PROMOTION BE spoilt for choice at Long Beach. Signatures such as drunken prawns with VSOP brandy, BBQ golden phoenix fish, crispy duck and golden stripe lobster
      698 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon The fast emerging luxury consumers
      1195 9  -  They are from the BRIC countries and set to overtake the US as the world’s largest luxury market. SHELLIE KARABELL reports KARABELLreports SHELLIE KARABELLreports THE US is still the world’s largest domestic luxury market: consumers spent 48 billion euros (S$77 billion) on luxury last year.
      AFP  -  1,195 words
    • Article, Illustration
      Lock icon Service on the Dott
      903 9  -  Founder of The Dott Solutions believes in the personal touch and being there for the client in times of crisis, reports STARTING YOUNG TIMOTHY LOH ELVIN Ong was first inspired to start his own business when he read the autobiography of Virgin Group founder Richard Branson,
      ARTHUR LEE  -  903 words
  • Page 9 Advertisements
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      31 9 If you’re between the ages of 17 and 30 and think you have an interesting investing or entrepreneurial story to share, do email btyif@sph.com.sg with “Starting Young” in the subject heading.
      31 words
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      Lock icon Page 9 Advertisements Column 2
      157 9 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      157 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Catching them young
      3734 10 THIS WEEK’S TOPIC What key features would you recommend to the Entrepreneurship Education Taskforce for its proposed entrepreneurship programme? What else can be done to nurture and encourage entrepreneurial-minded students? Francis Wong Managing Director Capitol Optical Co Pte Ltd TODAY’S business and management schools share management knowledge
      THE STRAITS TIMES FILE PHOTO  -  3,734 words
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  • ECONOMY WATCH
    • Article
      Lock icon Computer-based trading models crash from favour
      868 12 Europe’s convulsions have shown how poorly they cope with unpredictability Reuters [LONDON] Investors are losing faith in the compu-ter-based trading models that made them millions in the bull-market years, as Europe’s financial convulsions have shown how poorly they cope with the unpredictable. Once beloved
      Reuters  -  868 words
    • Article, Illustration
      Lock icon Indonesia readies stimulus to stir growth: minister
      398 12 Xinhua [JAKARTA] The Indonesian government is scaling back its annual economic growth target and drafting a stimulus plan to sustain exports and the rupiah against slowing demand and the flight of foreign funds, local media reported over the weekend. Finance Minister Agus Martowardojo
      Xinhua  -  398 words
    • Article, Illustration
      Lock icon US may have to rely on consumers for recovery
      779 12 Business investment losing steam as main driving force NYT [NEW YORK] One bright spot in the US’s lustreless economic recovery that started in 2009 has been the performance of the private sector. In the rebound’s early stages, business investment was the
      NYT; AP  -  779 words
    • Article
      Lock icon Iceland’s economy grows at fastest pace in four years
      400 12 Surge in exports, tourism and domestic consumption powers expansion in Q1 Reuters [STOCKHOLM] Iceland’s economy expanded in the first quarter at its fastest pace since its near-meltdown, powered by a surge in exports, tourism and domestic consumption. Gross domestic product (GDP)
      Reuters  -  400 words
    • Article
      Lock icon Strong economy proves ‘doomsayers’ wrong in Australia
      555 12 Treasurer cites 4.3% Q1 growth, 38,900 more jobs in May Bloomberg [SYDNEY] Australia’s economic performance is proving “doomsayers” wrong, Treasurer Wayne Swan said yesterday ahead of a conference this week to address challenges including an elevated currency and uneven growth. A 4.3 per
      Bloomberg  -  555 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Investors sidelined ahead of polls
      612 13  -  Their exposure to M’sia lower than others in region MALAYSIA INSIGHT PAULINE NG KL Correspondent THE share price of Bursa Malaysia-listed PacificMas Bhd did a yo-yo last week. It rose spectacularly after the company declared, after market close on June 1, a special interim dividend
      612 words
    • Article
      Lock icon BURSA MALAYSIA
      1660 13 VOL Jun 8 RM +/-(‘000) VOL Advance Synerg 0.16 -0.01 117 Adventa Bhd 1.40 -0.02 28 Ae Multi Hldgs 0.20 -0.01 28 Affin Holdings 3.20 0.12 7051 Ahmad Zaki Res 0.72 unch 39 Airasia Bhd 3.65 -0.05 4866 Alliance Finan 4.00 0.02 1681 Aluminium Co 0.78 unch 0
      1,660 words
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      1926 13 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ROWSLEY ROWSLEY LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****8381D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held on Tuesday, 26 June 2012 at 9.30 a.m. at 87
      1,926 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China revives economic reform
      664 14 Move defies expectations of a policy freeze before leadership change AFP [SHANGHAI] China’s move to allow more competition in its state-dominated banking sector revives a reform shelved for nearly a decade and defies expectations of a policy freeze before leadership change this year. In what analysts
      AFP  -  664 words
    • Article
      Lock icon China’s auto market revs up in May
      338 14 AP [BEIJING] China’s auto market revved to life in May despite the weakening economy, with vehicle sales jumping nearly 16 per cent from a year earlier to 1.61 million units, industry figures showed on Saturday. Sales for May in the world’s largest market
      AP  -  338 words
    • Article
      Lock icon Indian business moghuls eye growing armament sector
      870 14 They partner foreign defence firms or acquire overseas Bloomberg [MUMBAI] Indian billionaires Mukesh Ambani, Azim Premji and Adi Godrej made their fortunes in refining, software and toilet soaps. These days, the moguls see big money in bullets, bombs and ballistics. India is the
      Bloomberg  -  870 words
    • Article
      Lock icon Swiss firm centre of Indian graft probe
      294 14 Reuters [NEW DELHI] An Indian businessman has been charged with attempting to bribe government officials in connection with allegations that Swiss-based Rheinmetall Air Defence AG paid him US$530,000 to use his influence to stop the company from being blacklisted. Abhishek Verma and his
      Reuters  -  294 words
    • Article, Illustration
      Lock icon Ikea to consider India entry, plans more China stores
      460 14 Move would allow firm to reduce its reliance on Europe Bloomberg [SHANGHAI] Ikea Group, the seller of sofas, bookshelves and cutlery, will consider entering India after policy clarity, and open stores faster in China as it boosts sales outside Europe. The
      Bloomberg; REUTERS  -  460 words
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  • WORLD
    • Article, Illustration
      Lock icon Reforms open tourist floodgates in Myanmar
      722 15 Arrivals have surged but nation’s tourism infrastructure needs much improvement AFP [YANGON] The hotels are full or eye-wateringly expensive, creased dollar bills are worthless and credit cards are widely refused welcome to Myanmar, Asia’s next big tourist destination. Once shielded from international eyes by
      AFP  -  722 words
    • Article, Illustration
      Lock icon Noda wants two nuclear reactors restarted in national interest
      540 15  -  By ANTHONY ROWLEY [TOKYO] Japanese Prime Minister Yoshihiko Noda declared in a nationally televised press conference last Friday night that two out of the country’s 50 nuclear reactors that have been shut down for months, following last year’s Fukushima disaster, must
      BLOOMBERG  -  540 words
    • Article
      Lock icon UBS may have US$350m Facebook trade losses: reports
      362 15 Bank lost money due to Nasdaq’s technical issues AP [NEW YORK] Swiss bank UBS AG may have lost as much as US$350 million due to technical glitches on the Nasdaq stock exchange the day Facebook went public, according to published reports. CNBC
      AP  -  362 words
    • Article
      Lock icon Fax machine still thriving in Japan
      404 15 Japanese still fax party invitations, bank documents and shopping orders The Washington Post [TOKYO] In Japan’s businesses and bureaucracies, in home offices and hulking companies, the fax machine is thriving. Yes, the clunky device has fallen out of favour in so much of the
      The Washington Post  -  404 words
    • Article
      Lock icon Consumers denied loans as interest rates fall
      875 16 It’s a welcome shift from the borrowing binge before financial crisis: economists NYT [NEW YORK] As interest rates have been dropping to new lows seemingly by the week, US companies have been taking advantage of the cheap borrowing costs, but consumers have been
      NYT  -  875 words
    • Article, Illustration
      Lock icon Back from oblivion, Russian fraudster pushes new scam
      799 16 AFP [MOSCOW] Back in the threadbare 1990s, Sergei Mavrodi founded the most notorious pyramid scheme Russia has known, MMM, persuading millions that they could earn fantastic returns by investing in worthless paper. Now, helped by the Internet explosion, he is doing it
      AFP; PHOTOS: AFP  -  799 words
    • Article
      Lock icon Citi halts push to boost shareholder rewards in 2012
      539 16 It says it will decide about 2013 capital plan later this year Bloomberg [NEW YORK] Citigroup Inc, the third-largest US bank by assets, retreated from an effort to win Federal Reserve approval to boost payouts for shareholders this year. The bank
      Bloomberg  -  539 words
    • Article
      Lock icon JPMorgan courts Britain’s ‘core millionaires’
      688 16 Move comes as it expands private banking in EMEA Reuters [LONDON] A drive to attract more British millionaire clients marks a first phase of plans by JPMorgan to expand its private banking services across Europe, the Middle East and Africa (EMEA), targeting clients who are
      Reuters  -  688 words
    • Article, Illustration
      Lock icon Troubling times for Canadian tech town as BlackBerry declines
      1368 17 RIM CEO admits that firm failed to quickly adapt to emerging trends AP [WATERLOO, Ontario] US President Barack Obama could not bear to part with his BlackBerry. Oprah Winfrey declared it one of her “favourite things”. It could be so addictive
      AP  -  1,368 words
    • Article, Illustration
      Lock icon Viet banking reforms face hurdles
      817 18 Resistance from bank owners, lack of political will hit restructuring plans AFP [HO CHI MINH CITY] Vietnam’s drive to restructure its troubled banking sector is being derailed by powerful interest groups as the political will needed to force through painful reforms falters, experts say. After
      AFP; REUTERS  -  817 words
    • Article, Illustration
      Lock icon Kenya’s Mwangi named E&Y World Entrepreneur
      216 18  -  By TEH SHI NING [SINGAPORE] James Mwangi, CEO and managing director of Kenya’s Equity Bank, is this year’s Ernst Young World Entrepreneur of the Year. Dr Mwangi beat 58 other country finalists, including Singapore’s E&Y Entrepreneur of the Year Richard Eu, group CEO of
      216 words
    • Article
      Lock icon Football relief for Europe economists
      543 18 They turn their skills to forecasting UEFA Championships AFP [BERLIN] Tired of the constant barrage of depressing headlines from the eurozone debt crisis, German economists have turned their skills to the rather more fun task of forecasting the European Championships. Using a variety of tongue-in-cheek
      AFP  -  543 words
    • Article
      Lock icon LinkedIn’s reputation on the line with breach
      628 18 Reuters [NEW YORK] LinkedIn Corp’s silence on the extent of a security breach that exposed millions of user passwords has damaged its reputation among some business professionals, and may slow the growing company’s rise if the breach turns out to be more serious
      Reuters  -  628 words
    • Article
      Lock icon BP’s US$15b offer seen as ‘constructive’
      355 18 Bloomberg [WASHINGTON] A possible US$15 billion offer by BP plc to settle the remaining lawsuits following the 2010 Gulf of Mexico oil spill would be “constructive”, according to RBC Capital Markets. The oil producer, based in London, is trying to reach an agreement to
      Bloomberg  -  355 words
    • Article, Illustration
      Lock icon Germany not immune to crisis, says data
      725 19 Though Bundesbank is bullish, analysts and public worry economy is faltering AFP [FRANKFURT] As one eurozone country after the next succumbs to the fevers of the debt crisis, Germany the region’s biggest seems so far to have remained largely immune. However, the latest
      AFP; BLOOMBERG FILE PHOTO  -  725 words
    • Article, Illustration
      Lock icon Portugal hunkers down and toughs it out
      605 19 Reuters [GRANDOLA, Portugal] To every Portuguese, the town of Grandola is a cradle of the 1974 revolution that ended decades of dictatorship; but nowadays, it is hard to find even a spark of revolt here against the worst economic hardship in the country’s
      Reuters; REUTERS  -  605 words
    • Article, Illustration
      Lock icon Moody’s report fuels concerns over Italy
      545 19 Investors may treat country as next weak eurozone link AFP [ROME] Even as the global economic community hailed an agreement to rescue Spain’s stricken banks, there was concern in Rome yesterday that investors could now begin treating Italy as the next weak link in
      AFP; AFP FILE PHOTO  -  545 words
    • Article
      Lock icon Spain: State bailout after banks?
      459 19 AFP [MADRID] Even before Spain completed an agonising U-turn and secured a massive European rescue of its banks on Saturday, analysts fretted over the risk of a far bigger bailout for the state itself. Just 12 days earlier, Prime Minister Mariano Rajoy flatly rejected any
      AFP  -  459 words
    • Article
      Lock icon Bailout plan for Spanish banks buys time for Europe
      503 19 AP [WASHINGTON] The plan to bail out Spain’s banks with up to US$125 billion in aid buys European policymakers time to try to save the euro and eases deep fears in global financial markets. The deterioration of Spain’s banks and the
      AP  -  503 words
  • Page 15 Advertisements
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      1399 15 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HENGYANG PETROCHEMICAL LOGISTICS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number *****7923K LOST SHARE CERTIFICATE The following share certificate has been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares Foreversun Holdings Co., Ltd. *****5 16,300,000 Notice is
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      46 16 GROUP TOUR SPECIALIST Retreats Meetings Team Building Incentive Tours Taylormade Golf Trips East West Malaysia Hong Kong Indonesia Thailand Vietnam Cambodia Macau China We are looking forward to get a challenging assignment from you Luxury Tours Travel Pte Ltd mice@luxury.com.sg s www.luxury.com.sg 3 Tel: 6309 0850
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      2492 17 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices PCA TECHNOLOGY LIMITED (Registration No. *****0938N) Notice of the Eighteenth Annual General Meeting NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of the Company will be held at Changi Village Hotel, 1 Netheravon Road, Singapore *****2 on Wednesday, the 27th day of
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      30 18 V, Sk '4- Find properties in Malaysia Whether you're looking to invest or reside in a property in Malaysia, home in on a variety of choice listings. ”-"J =14 STPROPERTYsg
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon S’pore’s Sea Asia steadily gaining prominence
      432 20  -  Flagship maritime show next year expects to draw 14,000 visitors By LYNN KAN THE biannual Posidonia exhibition in Athens is when the shipping world flocks to Greece’s powerful shipowners, but Singapore’s own flagship Sea Asia is holding its own. Sea Asia has been steadily
      432 words
    • Article, Illustration
      Lock icon Economic slowdown may offset cheaper oil benefit: IATA chief
      682 20 Reuters [BEIJING] Fresh fears over the global economy could unravel the benefit of cheaper oil prices and keep a lid on financial forecasts for the airline industry as its chiefs gathered in China over the weekend for their annual summit. An
      Reuters  -  682 words
    • Article
      Lock icon IATA says EU safety bans hinder Africa
      540 20 Latest blacklist has 279 carriers from 21 states, 14 in Africa Reuters [BEIJING] Airlines have urged Western governments to do more to improve safety in Africa, and accused the European Union of failing to grasp the continent’s needs by banning dozens of carriers.
      Reuters  -  540 words
    • Article
      Lock icon Baltic index up on more panamax Atlantic hires
      335 20 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose last week as panamax vessels benefited from increased Atlantic activity. The main index, which gauges the cost of shipping commodities including iron ore, coal
      Reuters  -  335 words
    • Article
      Lock icon Russia says no to more overflights to Finnair, Lufthansa
      182 20 Reuters [BRUSSELS] Russia has turned down requests from Lufthansa Cargo and Finnair for additional overflights, the airlines said, though the reason for the refusal was not immediately clear. Airlines routinely have to negotiate overflights and market access through a maze of
      Reuters  -  182 words
    • Article
      Lock icon Bureau Veritas stops surveys for Iranian vessels
      404 20 Reuters [LONDON] France’s Bureau Veritas, which verifies the safety and environmental standards of ships, has stopped its marine work in Iran, the classification society said in a new setback for Teheran as it faces growing pressure from Western sanctions. Without the necessary verification
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    • Article
      Lock icon The Business Times Shipping times
      3534 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN
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      195 20 S AS IAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE BUSINESS PLAN 2012 As part of the Business Plan for 2012, the following Participating Feeder Operators wish to advise that with effect from 1 July 2012, all SOC rates will be increased as follows: F r om S i n
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  • Page 20 Miscellaneous
    • Miscellaneous
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      331 20 CRYPTIC CROSSWORD Across 1 Thankyou note asks for money (4) 3 Learner wearing joke jumper is a clumsy fool (10) 8 Vulnerable European Community protected by guarantee (8) 9 Voting system is working in gaol (6) 10 King George and father grab a quiet drink (6) 11 In the long
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  • DINING OUT
    • Article, Illustration
      Lock icon Uncomplicated and so very real
      895 21  -  NEW RESTAURANT Provence Le Restaurant 31 Keong Saik Road Singapore *****8 Tel: 6224-9141 By Jaime Ee WHEN you enter a French restaurant, you tend to expect a certain ritual: being greeted by someone who looks reasonably happy to see you, led to your table by
      PHOTOS OF ST-SULPICE AND OCTOPUS CARPACCIO BY ARTHUR LEE  -  895 words
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      277 21 In Conjunction With Produced By Supported By Held In Award Partner I* T' a? m ES Ss '■M A HEARTY DINING EXPERIENCE TO CELEBRATE FATHER'S DAY 11 TO 1 7 JUNE 2012 DEDICATING TO DAD This Father's Day, shower your dad with love and appreciation by bringing him out for
      277 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2967 22 Week ended: Jun 8 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 Last Vol Week Last Quote Div GrYld 123 92.5 AIMSAMPIReit 112.5 -1.5 1200 114 111.5 112 113 7.4 10.8 501.2 M
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    • Article
      Lock icon SGX CATALIST
      231 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 Last 4.6 1.3 t Advanced System 2 -0.2 6442 2.1 2 1.9 2.1 26.5 Week Last Quote Div Gr Yld Net M Cap High
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 23 Stock name Close Change CapMallsAsia 1.415 +0.005 CapitaLand 2.600 +0.010 CapitaMall 1.800 -0.005 CityDev 9.800 -0.160 ComfortDelGro 1.460 -0.010 DBS Grp 13.050 -0.170 F&N 6.480 -0.070 GLP 2.030 -0.040 Genting SP 1.435 -0.065 Golden Agri 0.595 -0.030 Stock name Close Change HK Land 5.410 -0.040 JMH
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    • Article
      Lock icon GLOBALQUOTE
      224 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 $mil 49.5 28.5 AVJennings A30 -3 34 32 28.5 29.5 32 3.6 11.7 2.4 78.1 46 25.5 Genting HK US$ US33 +1.5 ***** 34.5 30 32.5 33 2172.9
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 3 0 0 0 7 7 3 Manufacturing 38 110 32 8 12 12 46 122 44 Commerce 24 39 10 0 12 3 24 51 13 Tpt/Stor/Comms 9 28 6
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    • Article
      Lock icon SGX ETF
      1061 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 $mil 130 113 ABF SG Bond ETF 119.5 +1 12 119.5 119.5 119 119.5 545.5 103 95.8 CIMB APAC Div 100US$ US96 10.1 1261 856 CIMBAsean40 100US$
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 92,388 92,388 328,852 328,852 Manufacturing 854,743 215,608 1,070,351 638,904 11,031 649,935 Commerce 869,456 26,798 896,254 591,240 1,292 592,532 Tpt/Stor/Comms 328,671 49,675 378,346 565,220 13,015 578,235 Finance 63,904 35 63,939 596,509 8 596,517 Construction 304,468 33,320
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    • Article
      Lock icon STOCKS ASIA
      2257 23 Transaction date: Jun 8 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.50 unch 0 Aeon Stores 23.45 -0.05 0 Angang Steel 4.34 0.11 6313 Anhui Conch 21.75 -0.85 ***** Anhuiexpresswa 3.40 0.01 1106 Asia Satellite 23.15 unch 0 Asm Pacific 93.00 -0.80 587 Bank Of E Asia 25.20
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      24 23 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THEBUSINESSTIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX FUTURES
      610 24 Jun 8 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8609.78 8611.93 8427.20 Sep12 8605.00 8700.00 8410.00 8420.00 *****1 *****3 Dec12 8355.00 8355.00 8355.00 8360.00 0 5920 MSCI TAIWAN INDEX FUTURES SPOT 250.08 251.33 248.17 Jun12 251.40 254.50 247.50 248.10 ***** *****9 Jul12 247.30 247.60
      610 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      125 24 As on 8 June 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1580.00 1573.20 1591.50 8 INDIA GOLD (E-GOLD) FUT AUG2012 527.25 521.20 530.50 51 CURRENCY EUR-USD FUT JUN2012 1.2524 1.2449 1.2511 2390 BASE METAL COPPER FUT JUL2012 7302 7232
      125 words
    • Article
      Lock icon CHICAGO BOT
      107 24 Jun 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1426.25 1428.00 1439.00 1408.25 Aug 12 1400.50 1406.25 1410.75 1384.75 Sep 12 1362.00 1370.25 1368.75 1347.00 Nov 12 1332.50 1341.25 1340.50 1315.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 49.46
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 24 CRUDE OIL PRODUCTS Jun 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 99.71 -0.85 WTI (Near Mth) 84.19 -0.90 Dubai (1-Mth F) 96.91 0.45 Tapis blend 106.73 1.33 Minas 107.63 1.33 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 84.67 unch Jet Kerosene 113.10 0.58 US$/barrel OpecOil Basket
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    • Article
      Lock icon LIFFE
      80 24 Jun 8 COCOA (£/tonne) Close Prev High/Low Jul 12 1530 1521 1545/1512 Sep 12 1521 1511 1537/1504 Dec 12 1502 1497 1517/1486 Mar 13 1480 1476 1494/1461 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2074 2123 2120/2062 Sep 12 2078 2127 2121/2070 Nov 12 2072 2117 2110/2062 Jan 13 2048
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Jun 8 S$ Bid Offer 1-month 1.2870 1.2875 2-months 1.2869 1.2875 3-months 1.2866 1.2872 6-months 1.2851 1.2858 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 24 Jun 8 Jun 8 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1948.00 1955.50 3 months 1985.00 1993.00 Copper, Grade A(US$/tonne) Cash 7283.00 7488.00 3 months 7295.00 7495.00 Lead(US$/tonne) Cash 1887.50 1900.75 3 months 1902.00 1917.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Jun 8 Index Change Change Change Change Change Change World Preliminary 841.1 -0.2 1.4 0.3 -0.7 -0.5 0.2 EAFE Preliminary 667.3 -0.7 -2.2 -0.5 -5.6 -1.3 -4.8 Europe Preliminary 996.1 -0.2 -3.0
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 24 Jun 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.017 6.263 0.789 7.627 54.678 92.662 0.779 11.552 3.136 1.288 92.549 42.590 1.266 8.357 0.948 29.455 31.215 0.638 0.983 Canada 0.983 6.158
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    • Article
      Lock icon SIBOR
      54 24 Jun 8 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****
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    • Article
      Lock icon PRECIOUS METALS
      136 24 Jun 8 GOLD(US$/oz) Jun 08 Jun 07 Hong Kong 1480.80 1630.40 Jun 07 Jun 07 Jun 08 London 1591.79 1586.01 1592.78 1586.78 Source: Thomson Reuters CAST BAR Jun 07 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 157 65 5gm 447 327 10gm
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    • Article
      Lock icon GOVERNMENT SECURITIES
      87 24 Jun 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 30-Aug-12 0.28 1-Year BY*****T 02-May-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.11 100.15 100.13 5-Year N*****0Z 2.375 01-Apr-17 108.77 1-Year 10-Year
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    • Article
      Lock icon PALM OIL
      57 24 Jun 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 12 2930.0 2954.0 2930.0 2925.0 119 2470 Jul 12 2935.0 2980.0 2991.0 2935.0 1810 ***** Aug 12 2955.0 2974.0 2988.0 2922.0 ***** ***** Sep 12 2953.0 2975.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Jun 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2650 1.2661 0.9829 0.9834 Canadian dollar 1.2437 1.2450 0.9664 0.9670 Euro 1.6033 1.6044 1.2458 1.2461 NZ dollar 0.9819 0.9827 0.7629 0.7633 Sterling pound 1.9840 1.9849 1.5416 1.5417
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Jun 8 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.292 1.231 Can dollar 1.272 1.212 Euro 1.643 1.565 Sterling pound 2.021 1.944 NZ dollar 1.006 0.959 US dollar 1.298 1.249 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      154 24 Jun 8 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.00 0.80 12
      154 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1342 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 4 1 146 329 8.75 23 Conv Aztech Grp W*****3 0.3 0.2 300 1 20 131 29.33 5 Baker Technology Ltd W*****6 1.6 0.1 314 1 32 22
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  • Page 25 Advertisements
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      47 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1He Business Times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times
      47 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      18 25 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. THE BUSINESS TIMES Shipping Times
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      Lock icon Page 26 Advertisements Column 1
      140 26 TO ADVERTISE IN .The Business Times Shipping Times CALL JOE WONG I FREIGHT FORWARDER urgently needed by shippers i Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Br I IL. LIUJIIMLJJ I 11V 11 > Shipping
      140 words
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      126 27 BraadDastAsia2ai2 www.Broadcast-Asia.com Asia's most focused dedicated exhibition for the Film TV industries happening at Suntec Singapore from 19-22 June 2012 BroadcastAsia 2012 Asia's most established technology showcase for the Film, TV, Broadcasting and pro-audio industries continues to evolve and move beyond broadcasting to highlight the convergence of technologies and solutions
      126 words
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article
      Lock icon Hewlett-Packard charts ‘One HP’ direction
      1074 28  -  Focused collaboration between different business units will be the highlight of new strategy By AMIT ROY CHOUDHURY in Las Vegas HEWLETT-PACKARD(HP) will henceforth offer its customers a unified HP experience, the highlight of which would be focused collaboration between different business units, said a senior
      1,074 words
    • Article
      Lock icon Print still the best medium for ads, say consumers
      343 28  -  By TIMOTHY LOH HOW important is print media in your company’s marketing campaign? If your answer is “not very”, it might be time to tweak your advertising strategy, according to research conducted by global information services company Experian. Even in this
      343 words
    • Article, Illustration
      Lock icon Apple patents Macbook Air wedge design
      253 28  -  By VICTORIA HO BAD news for ultrabook makers: Apple just patented the very common laptop wedge design. Last week, Apple was granted a design patent for the wedge form factor of its lightweight Macbook Air laptop. When closed, the thickness of the computer tapers
      253 words
    • Article
      Lock icon Re-learning mobility in BYOD world
      500 28  -  <you say> By PHEY TECK MOH The author is the Asia-Pacific corporate vice-president of Motorola Solutions “THE illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and re-learn.” This quote by the American futurist
      500 words
    • Article, Illustration
      Lock icon Rivalry with Google to heat up as Apple looks to unveil its maps
      573 28 Tune into annual conference for more on iCloud and Siri [SAN FRANCISCO] When Apple Inc kicks off its annual conference for software developers today, all the power players in the Apple universe will be on hand, save
      BLOOMBERG  -  573 words
    • Article
      Lock icon Apple case against Galaxy S III put on fast track
      349 27 Bloomberg [SAN FRANCISCO] Apple Inc may get a faster schedule for evidence sharing in its bid for a court order to block sales of Samsung Electronics Co’s latest Galaxy smartphone in the United States, a federal judge said. US District
      Bloomberg  -  349 words
    • Article, Illustration
      Lock icon Galaxy S3 could be Samsung’s ‘iPhone’
      1079 27  -  The latest version of Android OS and the quadcore processor combine to deliver robust multi-tasking and great graphics <cool stuff> VICTORIA HO Reporter WHILE the world looks forward to the next iPhone model, last month Samsung’s Galaxy S3 landed with an almighty thud in
      1,079 words
    • what’s up
      • Article
        Lock icon Canon head of domestic ops
        48 27 CANON’S former vice-president of South and South-east Asia’s imaging group, Lim Kok Hin, is the new head of domestic business operations at Canon Singapore. In his new role, he will lead the company’s business and consumer imaging groups, reporting to Canon Singapore’s CEO.
        48 words
      • Article
        Lock icon 4G handset launched
        34 27 THE Samsung Galaxy SII LTE is now available at SingTel. The 4G version of the phone was launched at the telco together with its new LTE (long term evolution) mobile plans.
        34 words
      • Article
        Lock icon New CASBAA executive
        43 27 CASBAA (Cable Satellite Broadcasting Association of Asia) has appointed Jenny Setnicker as head of advertising development. She is based in Singapore and will market multichannel advertising. Prior to this, she was with CNBC Asia for eight years in advertising sales.
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      • Article
        Lock icon Canon touch screen SLR
        44 27 CANON has announced its EOS 650D, its first digital SLR with a touch screen monitor. It also announced two new lenses, a prime 40 mm and a zoom 18-135 mm with silent focusing. The camera body will retail at $1,149.
        44 words
      • Article
        Lock icon Order pizza from your iPhone
        41 27  -  Compiled by VICTORIA HO DOMINO’S Pizza has officially launched an iPhone app. It’s been available for a month, and has been downloaded about 20,000 times. It allows users in Singapore to order and track their pizzas.
        41 words
    • Article, Illustration
      Lock icon Protests in India against govt’s curbs on Internet
      443 27 AFP [NEW DELHI] Indian demonstrators supporting the global hacking movement Anonymous took to the streets on Saturday to protest against what they consider growing government censorship of the Internet. Rallies in New Delhi, Mumbai, Bangalore and Kolkata followed a court order in
      AFP; AP  -  443 words