The Business Times, 25 December 2012

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Microfilm: NL32339
Total Pages: 38
1 40 The Business Times
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  • TOP STORIES
    • Article, Illustration
      Lock icon November inflation at 2-year low of 3.6%
      572 2  -  Price pressures set to continue in 2013 By Teh Shi Ning tshining@sph.com.sg Singapore INFLATION eased to a two-year low of 3.6 per cent in November from 4 per cent in October, as the increases in housing and transportation costs moderated in year-on-year terms.
      Source: Department of Statistics  -  572 words
    • MARKETS
      • Article
        Lock icon STOCKS
        57 2 GSTI 3,168.57 (+5.01) GSTI FUTURES 3,162.00 (+4.00) GSIMSCI 358.89 (+0.04) GSIMSCI FUTURES 359.00 (+1.50) Monday Change KL COMP 1,669.40 +10.55 NIKKEI 225(Fri)9,940.06 -99.27 HANG SENG 22,541.18 +34.89 SET (Fri) 1,373.38 -4.02 JAKARTA(Fri) 4,250.21 -4.60 MANILA(Fri) 5,823.94 +26.20 KOSPI 1,981.82 +1.40 SHENZHEN B 650.73 +2.99 MUMBAI(Fri) 19,242.00 -211.92 Friday’s close
        57 words
      • Article
        Lock icon FOREX
        48 2 us$ s$ US$ (S$ per US$) 1.221 (US$/S$ per 1.618 1.974 EURO(US$/S$/€) 1.320 1.611 Foreign currency per US$ S$ YEN 84.40 69.10 RM 3.065 2.511 HK$ 7.750 6.350 BAHT 30.63 25.10 RUPIAH 9,658 7,912 RENMINBI 6.232 5.105 INDIAN RUPEE 55.10 45.14 A$ 0.960 0.787 NZ$ 1.216 0.996
        48 words
      • Article
        Lock icon PRIME RATES
        28 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.950 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.50 Source:
        28 words
    • Article, Illustration
      Lock icon New Japan govt sounds positive note on TPP
      359 4 Coalition has also agreed to promote other free trade frameworks AFP Tokyo JAPAN’S new government led by incoming prime minister Shinzo Abe has suggested that it may join a US-backed Pacific-wide free trade deal, a report said yesterday. Tokyo has previously shown
      AFP; PHOTO: REUTERS  -  359 words
    • Article
      Lock icon Fewer listed companies left AIM in 2012
      262 4 Reuters London A DECLINE in the number of companies listed on London’s junior stock market eased this year and around half the companies that did leave were bought up or transferred to bigger exchanges, a Deloitte report shows. It said the number of
      Reuters  -  262 words
    • Article, Illustration
      Lock icon UBS may have rigged Swiss franc rates too
      503 5 Swiss paper Le Matin says there is evidence that UBS traders had manipulated the rates from 2001 AFP Geneva SWISS banking giant UBS, which last week was slapped with US$1.5 billion in fines for manipulating global interest rates, also tampered with Swiss
      AFP; PHOTO: AFP  -  503 words
    • Article, Illustration
      Lock icon Investment banks winded by kamikaze trades
      1604 6 Surge in Asia equity block deals to a record US$57.3b this year has shifted the focus from IPO origination teams to syndicate desks Reuters Hong Kong MINUTES after the market close on a Tuesday in September, a number of bankers in Asia received a
      Reuters; PHOTO: REUTERS  -  1,604 words
    • Article, Illustration
      Lock icon Elite Western boarding schools spread in Asia
      1359 7 More Asian parents want their children to have a high-quality foreign-style education while staying close to home IHT Nusajaya, Malaysia WHEN Robert Pick set eyes on a plot of land here a few years ago, all he could see were palm trees. “The
      IHT; PHOTOS: MARLEBROUGH COLLEGE FILE  -  1,359 words
    • Article, Illustration
      Lock icon America’s running out of fiscal-cliff road
      1012 8 Rest of the world expected to be pulled down as well when US$600b in tax rises and spending cuts in January kick in Reuters London THE wheels could come off the US economy even before it has shifted out of second gear unless politicians
      Reuters; PHOTO: REUTERS  -  1,012 words
    • Article, Illustration
      Lock icon ’Twas a quiet last shopping weekend before Christmas
      760 9 Mood muted over economic worries, Superstorm Sandy, Newtown shooting AP Atlanta LAST-MINUTE shoppers crowded into US malls and stores to scoop up discounted clothing and toys during the last weekend before Christmas, but many didn’t seem to be in the spending spirit.
      AP; PHOTO: AP  -  760 words
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      33 2 CONTENTS NEWS Top Stories 2-9 Companies 10-12 Singapore 13 SME Inc 14-15 Aviation 30 Crosswords 30 Shipping Times 31-32 Shipping 33 Stocks Stats 34-38 Productivity Matters 16-17 World 18-27 Perspective 28-29 Property 33-40
      33 words
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      Lock icon Page 3 Advertisements Column 1
      417 3 The Business Times Free trial now on iPad BT All-in-One coming soon. AVIATION AirAsia*’ OlAM SharesuP at inert 1 11 fndkrt""® 2 property Ejeccondositea* PasirRiskwnl)tonleslalrti one PAGE!* V. executive LIFESTYLE FACE 34 HE BgiKIlSH®* -..roro--*--* Z-aMlopW** work rial *>U 10 "SSm*** Malw’W* im lord >>ra» Survival of the quickest in
      417 words
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      618 5 WATS NOTICES a.A II HANWELL HOLDINGS HANWELL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0888M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Hanwell Holdings Limited (“Company”) will be held at 3.00 p.m. on 11 January 2013 at
      618 words
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      Lock icon Page 9 Advertisements Column 1
      93 9 SHARElNVESTOR.com The Pulse Of Trading LpU-Mmtikis CHRISTMAS Kew feMweS? 1. News alert on your portfolio 2. Interactive charting with integrated events calendar 3. Market screener with customisable FA and TA parameters Are- iWe- -fcrtU-re-s irv ipur wi$k fist? "biscount? bwou. up ip 1 rt /iscourdrAr ip pfilKsl 6*raip ike- Attractivekdia'I
      93 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Grand Banks CEO quitting at year-end
      508 10  -  CFO Poli will be acting CEO; says priority is to get off SGX watchlist By Lynn Kan lynnkan@sph.com.sg Singapore WATCHLISTED boatbuilder Grand Banks Yachts is now left bereft of its head skipper. Chief executive officer Robert William Livingston II, who took over the role
      508 words
    • Article
      Lock icon Traders betting on sweeter SC Global takeover offer
      865 10 Bloomberg Sydney/Singapore TRADERS are betting that the most lucrative takeover offer in Singapore will get even sweeter for luxury property developer SC Global Developments Ltd. Controlling shareholder and chief executive officer Simon Cheong offered to take SC Global private for $1.80 a
      Bloomberg  -  865 words
    • Article
      Lock icon How about merging F&N with OUE and TCC?
      439 11  -  LETTER Ee Teck Siew THE independent directors of F&N Ltd have come out to say that both the TCC offer led by Thai billionaire Charoen Sirivadhanabhakdi and the OUE offer led by the Indonesia Riady family are fair but not compelling. TCC
      439 words
    • Article
      Lock icon Rowsley shares up 84% on planned M’sia land deal
      149 11 Reuters Singapore SHARES of Singapore’s Rowsley Ltd surged yesterday after the investment holding firm said it planned to buy a huge site in Malaysia’s Iskandar region and a top architectural firm by issuing up to $581 million in new shares. The
      Reuters  -  149 words
    • Article
      Lock icon SingPost buys Lock+Store for $37 million
      276 11  -  Acquisition will expand existing self-storage business Self Storage Solutions By Nisha Ramchandani nishar@sph.com.sg Singapore AS PART of its strategy to grow its self-storage business, postal service provider Singapore Post (SingPost) is acquiring General Storage Company from Asia Pacific Storage Company for $37 million. General
      276 words
    • Article, Illustration
      Lock icon STI ends half-day session 5 pts higher
      979 12  -  STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent OTHER than a large jump in the shares of Rowsley Holdings there were few redeeming features to trading in the local stock market yesterday, perhaps understandable given the holiday period. Volume was low and the Straits Times
      979 words
    • Article, Illustration
      Lock icon Marco Polo Marine’s associate a step closer to Indonesian IPO
      344 12  -  By Andrea Soh sandrea@sph.com.sg Singapore AN ASSOCIATE company of marine logistics group Marco Polo Marine has moved a step closer to its planned listing after receiving approval from Indonesia’s capital market regulator. PT Pelayaran Nasional Bina Buana Raya (BBR) is
      344 words
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      Lock icon Page 11 Advertisements Column 1
      59 11 Want to sell your car but don’t have the time to do so? SMS to ***** and let us help you post your car ad listing for FREE! SMS to ***** in the following format: FREE<space>Name<space>NRIC<space>Vehicle number Buy, sell or rent. At STCars.sg, your ideal car isn’t hard to find
      59 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Biz schools help family firms manage better
      695 13  -  Succession planning is one of the biggest challenges family businesses need guidance in By Teo Hoong Chen teohgcn@sph.com.sg THERE has been a proliferation of programmes aimed at helping family businesses improve their planning, management and communication. Capitalising on Singapore’s position as a regional
      695 words
    • Article, Illustration
      Lock icon UOB and the art of volunteerism
      150 13 EARLIER this month, some 80 volunteers from United Overseas Bank (UOB) and 20 children came together for an art jam session. The children are from UOB beneficiaries Very Special Arts and the Little Arts Academy. Based on the theme, My Singapore, My Home, the
      150 words
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  • SME INC
    • Article, Illustration
      Lock icon Making preschools magical
      1056 14  -  Magic Tree is on a mission to provide flexible furniture sets to childcare centres that fulfil the shifting needs of the children and teachers. By Jaslene Pang By Jaslene Pang btnews@sph.com.sg IF SOMEONE wishes to have a “better life”, he or she should be an employee instead
      PHOTO: MAGIC TREE  -  1,056 words
    • Article, Illustration
      Lock icon Atlas never shrugs
      1033 15 The audio-visual specialist always delivers a premium service experience that wows the customer NUS CASE STUDY OVER two generations, Sin-gapore-based Atlas Sound and Vision has evolved from a small, fam-ily-run record library to a regional leader in premium audio-visual retail and distribution. Today, the company employs over
      FILE PHOTO  -  1,033 words
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  • PRODUCTIVITY MATTERS
    • Article, Illustration
      Lock icon Hoteliers’ reservations
      1557 16 / 17  -  The industry’s main challenge is dealing with the manpower shortage while ensuring a high level of service. By Nisha Ramchandani HOTEL SECTOR By Nisha Ramchandani WITH a challenging operating environment, even as the local tourism industry continues to flourish, hotels in Singapore are striving to boost productivity as
      1,557 words
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  • WORLD
    • Article, Illustration
      Lock icon Lawmakers see US going over fiscal cliff
      1071 18 That’s Obama’s goal, Republicans say, as the president and House speaker leave town for X’mas holidays Reuters Washington SOME US lawmakers voiced concern on Sunday that the country would go over “the fiscal cliff” in nine days, triggering harsh spending cuts and tax
      Reuters; PHOTOS AP  -  1,071 words
    • Article, Illustration
      Lock icon Banks change tack to lure graduates
      1107 19 Get-rich-quick appeal is out; banks driving ‘career’ message to candidates Reuters London WITH pay levels and reputation under attack, investment banks are changing tack to lure graduates, dumping brash presentations with get-rich-quick appeal in favour of earnest pitches about responsibility, diversity and building a
      Reuters; PHOTO: BLOOMBERG  -  1,107 words
    • Article, Illustration
      Lock icon Indian PM calls for ‘peace and calm’, vows to protect women
      855 20 Police block roads leading to key govt buildings in Delhi as protests over gang-rape continue NYT AFP Bloomberg New Delhi INDIAN Prime Minister Manmohan Singh urged calm and vowed to protect women as police yesterday struggled to quell increasing
      NYT; AFP; Bloomberg; PHOTOS: AP  -  855 words
    • Article, Illustration
      Lock icon Asia’s long-stay schemes lure foreigners
      947 22 Japanese lead the pack of Asians seeking to settle in Malaysia under its ‘second home’ scheme AFP Georgetown, Malaysia LIKE many Japanese mothers, Ritsuko Kawasaki fretted over the health and safety risks of remaining in Japan after 2011’s earthquake, tsunami and nuclear disasters. So in
      AFP; PHOTO: AFP  -  947 words
    • Article
      Lock icon China allowing spot trading for some futures firms from next year
      219 22 Reuters Shanghai CHINA will allow some of its futures brokerages to participate in commodity spot trading via a subsidiary by next year in a move that will help these firms manage price volatility better, the China Futures Association said.
      Reuters  -  219 words
    • Article, Illustration
      Lock icon Amazon, Google on collision course in 2013
      1077 23 Their areas of rivalry are growing, from advertising and retail to mobile gadgets and cloud computing Reuters San Francisco WHEN Amazon.com Inc CEO Jeff Bezos got word of a project at Google Inc to scan and digitise product catalogs a decade ago, the
      Reuters; PHOTO: AFP  -  1,077 words
    • Article, Illustration
      Lock icon China regulators mull options as bank defaults on investment
      1065 24 Analysts warn of confidence crisis, run on wealth product market if more banks default Reuters Hong Kong THE default of a Chinese investment plan has handed Beijing a tough choice: bail out investors and endorse moral hazard or let it fail
      Reuters; PHOTO: REUTERS  -  1,065 words
    • Article, Illustration
      Lock icon Anticipated e-book price war slow in coming
      1027 25 Triumph over physical books not happening quite as fast as forecast due to various possibilities NYT New York RIGHT about now, just as millions of e-readers and tablets are being slipped under Christmas trees, there was supposed to be a ferocious price war
      NYT; PHOTO: AFP  -  1,027 words
    • Article, Illustration
      Lock icon Euro survives 2012, further tests in store
      773 26 Eurozone’s economic struggles continue, with unemployment rife; also, political uncertainties loom with polls due soon AFP Brussels THE battered euro, written off as a dud many times during a crisiswracked year, appears to have survived 2012, but 2013 could prove just as difficult
      AFP; FILE PHOTO: AP  -  773 words
    • Article
      Lock icon UK varsity intake falls after tuition fee hike
      258 26 54,000 fewer British students starting classes this year IHT London WHEN the British government announced it was tripling tuition fees starting in the autumn, critics said the increase would result in fewer domestic students going to university. They seem to have been
      IHT  -  258 words
    • Article, Illustration
      Lock icon Greek debt buyback jackpot for hedge funds
      1175 27 Private investors one-up on European officials over handling of the eurozone debt crisis NYT London LAST month, the European Commission’s top economic official in Brussels, Olli Rehn, received an intriguing e-mail. Greece, under pressure from its European creditors, wanted to retire some of
      NYT; PHOTO: REUTERS  -  1,175 words
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      28 19 m 0 r LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG I FACEBODK.COM/HOTFMSG I J* HOTFMSG
      28 words
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  • Page 21 Advertisements
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      86 21 WITH STPROPERTY-SG /\qents 9 e V^° WIIN 3 worth ot advertises redU too' BUYING OR RENTING A PROPERTY? We'll reward you with $888! Visit www.STProperty.sg/deal2win now for more information. Hurry, you have until 31 March 2013 to be one of our 8 lucky winners!’ «i v. ■J <4 Mi r
      86 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Walking in the shadow of political suicide
      1213 28 / 29  -  Republican Party seems to have been hijacked by ideological zealots who would be willing to see the economy go bust rather than see their economic dogma diluted Leon Hadar Washington correspondent IF you want to examine the context of the stalemate over averting
      PHOTO: AFP  -  1,213 words
    • Article
      Lock icon Computers that even taste, smell on the way
      856 28 / 29  -  By Foong Sew Bun ~The writer is chief technologist and distinguished engineer, IBM ASEAN IMAGINE a world where computers smell, taste, see, hear and touch. Well, that time is coming. If you saw the computer named Watson take top honours on the
      856 words
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  • AVIATION
    • Article, Illustration
      Lock icon US airports putting on ‘terminal bliss’ display
      733 30 In the hunt for revenue, they are transforming themselves into places where people want to get stuck at and spend money AP Chicago GETTING stranded at a US airport once meant enduring hours of boredom in a kind of travel purgatory with nothing
      AP; PHOTO: AP  -  733 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      297 30 Across 7 Common man grabbing hot bird (8) 9 Bliss from Mathieu to Piaf (6) 10 Native American belief’s not dead (4) 11 Enrage former Queen, bit embracing snake (10) 12 go astray in South American mountain range (6) 14 Players facing match using brains (8) 15 Salutes grand pilot
      297 words
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  • SHIPPING
    • Article
      Lock icon The Business Times Shipping Times
      1883 31 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
      1,883 words
    • Article, Illustration
      Lock icon Mississippi River faces closure due to drought
      589 33 It’s expected to be closed to navigation between St Louis and Cairo, Illinois NYT New York THE Mississippi River is still open for business for now. January is another story. A Midwestern drought has brought the river to water levels so low that
      NYT; PHOTO: AP  -  589 words
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      31 32 Legal services required by shippers owners Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327. The business times Shipping Times I I
      31 words
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  • Article
    Lock icon SINGAPORE STOCKS
    7915 34 Transaction date: Dec 24 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 14.3 11.4 8Telecom 13.2 13 18 66.8 0.4 3.2 63.2 6 3 A-Sonic 3.2 3.2 3.5 4.1 22.9 AAT 2 halt
    7,915 words
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  • Article
    Lock icon SGX CATALIST
    1801 37 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 13.5 t 800 Super 19.2 19.3 19.5 3.3 5.2 5.7 34.3 4 3 t AA Grp 3.1 2.6 4 3 96 20 t APStrategic
    1,801 words
  • Article
    Lock icon SECURITIES TRADING SCOREBOARD
    186 37 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 3 7 0 0 0 5 3 7 Manufacturing 43 36 41 6 7 9 49 43 50 Commerce 21 7 26 2 3 3 23 10 29 Tpt/Stor/Comms 19 10 9
    186 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    796 37 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Dec 24 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Olam Int'l 21-Dec-12 Aranda Invm Buy 50 1.56 *****2 4.99 *****2 5.00 China XLX Fertiliser 20-Dec-12 Liu
    796 words
  • Article
    Lock icon SECURITIES TRADING TURNOVER
    119 37 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 7,871 7,871 19,361 19,361 Manufacturing 180,162 69,145 249,307 57,991 865 58,856 Commerce 78,002 19,044 97,046 50,808 823 51,630 Tpt/Stor/Comms 31,360 18,957 50,317 54,438 6,023 60,461 Finance 9,582 25 9,607 32,433 10 32,443 Construction 45,826 46,636
    119 words
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  • MARKETS
    • Article
      Lock icon LIFFE
      80 38 Dec 21 COCOA (£/tonne) Close Prev High/Low Mar 13 1469 1471 1489/1456 May 13 1477 1480 1496/1465 Jul 13 1487 1489 1505/1474 Sep 13 1494 1496 1510/1480 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1933 1918 1937/1899 Mar 13 1894 1887 1900/1871 May 13 1903 1896 1909/1880 Jul 13 1912
      80 words
    • Article
      Lock icon METALS
      68 38 Dec 24 GOLD(US$/oz) Dec 21 Dec 24 Hong Kong 1649.50 1644.50 Hong Kong Dec 21Dec 20 London 1656.00 1643.20 1657.00 1644.20 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 37.07 36.43 Source: UOB PLATINUM /Lon (US$/oz) Dec 21 Close Previous PM Fix 1533.00 1575.00 AM Fix 1550.00 1588.00
      68 words
    • Article
      Lock icon PALM OIL
      60 38 Dec 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 13 2202.0 2201.0 2284.0 2200.0 536 6083 Feb 13 2271.0 2265.0 2354.0 2271.0 5274 ***** Mar 13 2326.0 2321.0 2410.0 2326.0 ***** ***** Apr 13 2380.0 2377.0
      60 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      98 38 Dec 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 07-Mar-13 0.17 0.00 0.00 6-Month BS*****T 30-May-13 0.29 0.00 0.00 1-Year BY*****X 01-Nov-13 0.26 0.00 0.00 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14
      98 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 38 Dec 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2708 1.2714 1.0412 1.0416 Canadian dollar 1.2282 1.2290 1.0068 1.0063 Euro 1.6107 1.6112 1.3197 1.3200 NZ dollar 1.0033 1.0041 0.8220 0.8226 Sterling pound 1.9740 1.9747 1.6174 1.6178
      154 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      94 38 As on 21 December 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1659.90 1636.40 1660.00 INDIA GOLD (E-GOLD) FUT FEB2013 556.30 550.65 559.85 CURRENCY EUR-USD FUT MAR2013 1.3241 1.3193 1.3179 BASE METAL COPPER FUT MAR2013 7853 7827 7863 INDEX IRON ORE (MBIO) IDX
      94 words
    • Article
      Lock icon CHICAGO BOT
      103 38 Dec 21 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Jan 13 1430.75 1408.75 1438.75 1408.50 Mar 13 1429.25 1404.75 1434.75 1404.50 May 13 1418.75 1394.75 1424.75 1395.00 Jul 13 1413.25 1390.50 1419.00 1390.00 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Jan 13 48.71 47.91 49.00 48.05
      103 words
    • Article
      Lock icon OIL
      68 38 Dec 21 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 108.85 -1.09 WTI (Near Mth) 88.28 -1.34 Dubai (1-Mth F) 104.99 -0.78 Tapis blend 115.86 -0.32 Minas 108.44 -1.02 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.28 -0.05 Jet Kerosene 125.97 -0.22 US$/barrel OpecOil Basket Price 107.20
      68 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      118 38 Dec 24 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.298 1.237 Can dollar 1.257 1.198 Euro 1.646 1.568 Sterling pound 2.009 1.932 NZ dollar 1.039 0.981 US dollar 1.245 1.186 Local dollars to 100 units of foreign currency: Currencies Sell
      118 words
    • Article
      Lock icon LONDON METALS
      69 38 Dec 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2048.25 2026.00 3 months 2083.00 2061.00 Copper, Grade A (US$/tonne) Cash 7807.50 7743.00 3 months 7831.00 7770.00 Lead (US$/tonne) Cash 2287.00 2304.50 3 months 2306.00 2325.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      373 38 In local curr In S$ In US$ dy yr dy yr dy yr Dec 21 Index Change Change Change Change Change Change World Preliminary 936.1 -0.9 12.8 -0.9 6.5 -1.0 13.2 EAFE Preliminary 772.3 -0.4 13.2 -0.5 7.1 -0.7 13.7 Europe Preliminary 1154.3 -0.3 12.5
      373 words
    • Article, Illustration
      Lock icon STOCK MARKETS
      112 38 Straits Times Index YTD change:+19.73% 52-week high: 3,175.52 on Dec 20,2012 52-week low: 2,646.35 on Dec 30,2011 Source: Bloomberg Hang Seng Index YTD change: +22.28% 52-week high: 22,659.78 on Dec 20,2012 52-week low: 18,185.59 on June 4,2012 Source: Bloomberg Shanghai Stock Exchange Composite YTD change: -1.84% 52-week high:
      Source: Bloomberg  -  112 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Swedish town moving out of collapse way
      907 39 Kiruna is on a hill next to the largest iron ore mine in the world; its new town centre will be 3km to the north-east AFP Kiruna, Sweden PERCHED on a hill by the iron ore mine it was once built around, the
      AFP; PHOTO: AFP  -  907 words
    • Article, Illustration
      Lock icon CityDev to start selling Echelon this week
      642 40  -  Potential buyers said to have been given average price indication of $1,700-plus psf for Alexandra Road condo By Kalpana Rashiwala kalpana@sph.com.sg Singapore CITY Developments Ltd (CDL) will begin sales later this week for Echelon, its long-awaited, 99-year leasehold private condominium project next to
      642 words
    • Article
      Lock icon HK selling more sites for homes, business to cool property market
      279 40 Bloomberg Hong Kong HONG Kong’s government will sell six residential sites next quarter that can provide about 3,000 apartments, as it seeks to raise new housing supply to help cool the world’s most expensive home market. A commercial site
      Bloomberg  -  279 words
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      54 40 t KIBURN ESTATE S vBC& Hafc&w Call Realstar: 6100 0080 A quaint and charming home situated on a sprawling ***** sqft of land. Expect lush flora and fauna to capture your senses as you enter, all meticulously kept by an avid hobbyist. Land ***** sqft Built 6000 sqft Ask $25m
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