The Business Times, 2 January 2013
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2013-01-02
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The Business Times
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Title Section25 2013-01-02 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Wednesday, January 2, 201325 words
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985 2013-01-02 1 ANDREA SOH - Investment bankers see aspirants from sectors like consumer, plus trusts and Reits By ANDREA SOH [SINGAPORE] Initial public offering (IPO) activity is set to pick up in 2013: there is a queue of companies waiting to list this year, many of them in985 words
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Article, Illustration852 2013-01-02 1 Senate approves legislation; both sides strike deal after dramatic 11th-hour wrangling AFP [WASHINGTON] A legislative fix to patch up America’s fiscal crisis was to be taken up by lawmakers in the Republican-controlled House of Representatives late yesterday after passing the Senate overnight.AFP; PHOTO: AP - 852 words
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Page 1 Advertisements
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Advertisement110 2013-01-02 1 S’PORE NEWS Clean bill of health for clean tech industry PAGE 7 MALAYSIA The year of the anti-climax COMMENTARY BOJ chief will have work cut out for him STRAIT TALK Cautious optimism as new year opens PAGE 17 PAGE 21 PAGE 8 As the son of the late Ong Teng110 words
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Advertisement104 2013-01-02 1 NON-CONFORMIST OiSIGN TIMELESS IN ARCHITECTURAL CONTRIBUTION I Honoured with its fourth major accolade for Design of the Year by the prestigious President's Design Award 2012, Martin No.SS’s industrial aestheticism has evoked much acclaim within the international architectural and design community. Earlier this year, it has also garnered the Design Award104 words
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TOP STORIES
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Article586 2013-01-02 2 Senate passes fiscal cliff deal, House set to vote on bill A LEGISLATIVE fix to patch up America’s fiscal crisis was to be taken up by lawmakers in the Republican-controlled House of Representatives last night after passing the Senate overnight. If the legislation passes the House as expected,586 words
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Article, Illustration1331 2013-01-02 2 VEN SREENIVASAN - A year which saw Iata raising profit forecast thrice By VEN SREENIVASAN [SINGAPORE] In aviation, an unremarkable year is generally a good year and 2012 comes pretty close. There were no major instances of terrorism, wars, natural calamities or major outbreaks of diseases which kept travellers and planes grounded. HighFILE PHOTO; PHOTO: AFP - 1,331 words
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Article, Illustration803 2013-01-02 2 December figure indicates that China’s vast factory sector is expanding Reuters [BEIJING] China’s official manufacturing purchasing managers’ index (PMI) held steady in December at 50.6, matching November’s seven-month high, as growth in new orders was unchanged and the pace of outputReuters; PHOTO: BLOOMBERG - 803 words
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Article, Illustration1638 2013-01-02 4 GRACE LEONG - A look at some of the highlights of 2012 and what the new year is expected to bring By GRACE LEONG [SINGAPORE] To say that 2012 was an interesting year for legal news would be an understatement. From scandals that brought notoriety to Shaw1,638 words
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Article, Illustration923 2013-01-02 4 LYNN KAN - By LYNN KAN [SINGAPORE] If 2012 has been Year Four of a dour and volatile market for shipping companies, then 2013 will bring more of the same. Most players and industry observers maintain it will not be until 2014 or at the earliest, H2 2013PHOTO: AFP - 923 words
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Page 3 Advertisements
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Advertisement205 2013-01-02 3 www.multicorporation.com nrmnrgg established in 1973, is a leading distributor of heavy equipment, engines, and parts in the region. We serve the following industries: Construction, Agriculture Material Handling Industrial, Marine, Oil Gas Clean Renewable Energy We are present in the following countries: Cambodia Indonesia Laos Malaysia Myanmar Philippines Singapore Taiwan Thailand205 words
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COMPANY NEWS
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Article, Illustration458 2013-01-02 5 LYNN KAN - Credit to technology and innovation too for groups’ record results, he says By LYNN KAN CONGLOMERATE Keppel Corporation turns 45 in 2013 and chief executive officer Choo Chiau Beng penned a special message to the group’s 40,000 employees that credits the group’s people, technology458 words
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650 2013-01-02 5 Bloom berg [CHICAGO] Hedge funds cut bullish commodity bets to a six-month low as mounting concern that slowing economic growth will erode demand drove prices towards the first fourth-quarter retreat since the global recession. Speculators reduced netlong positions across 18 USBloomberg - 650 words
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267 2013-01-02 5 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD ($m) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE GROSS YEAR RAISED ISIN CODE MATURITY DATE 01.04.2013 N*****0V 2008 1 5/8 5200.00 1/10 1/4 91 100.33 0.30267 words
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4049 2013-01-02 6 CURR RANK DEC 31 2012 LYR RANK DEC 30 2011 CHNG FROM DEC 30 2011 COMPANY MKTCAP (S$M) DEC 31 2012 1 1 SingTel 52,580.4 6.8 2 2 Jardine Matheson 50,829.6 26.2 3 3 Jardine Strategic 48,644.2 20.8 4 4 Prudential PLC 38,314.54,049 words
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Page 5 Advertisements
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Advertisement405 2013-01-02 5 More nimble than large caps, more stable than small caps. Why are U.S. mid caps in the sweet spot for investment? Get Substance the UBS House View Go to www.ubs.com/investment-ideas or scan the QR code with your smartphone 0 m J0 Please contact your UBS client advisor, or call +65405 words
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SINGAPORE NEWS
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Article, Illustration832 2013-01-02 7 LYNN KAN - Number of players more than doubles to 270 since 2002; outlook still bright By LYNN KAN GROWTH in Singapore’s clean technology cluster in terms of business registrants has outpaced that of other economic sectors in the past decade. As of 2011, therePHOTO: JOHN HENG; Source: Accounting and Corporate Regulatory Authority - 832 words
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Page 7 Advertisements
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Advertisement98 2013-01-02 7 Our Bond. Stronger Than Ever. It’s about creating a stronger, more secure bond between ourselves and you. Tenet Insurance and Sompo Japan Insurance Singapore is now Tenet Sompo Insurance Pte. Ltd. With our in-depth local knowledge and global perspectives, we bring to our customers a wide range of superior insurance98 words
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MALAYSIA
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Article, Illustration1075 2013-01-02 8 S JAYASANKARAN - Circumstances force PM Najib into going the full term; May is election deadline By S JAYASANKARAN By in Kuala Lumpur THE year 2012 might go down in political annals as the Year of the Anticlimax. There was supposed to be a general electionPHOTO: REUTERS - 1,075 words
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523 2013-01-02 8 PAULINE NG - This follows partial collapse of a Klang Valley retaining wall By PAULINE NG in Kuala Lumpur HILL-SLOPE developments in Malaysia have come under the spotlight yet again following the partial collapse of a retaining wall at an up-market enclave in the Klang Valley523 words
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Page 8 Advertisements
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Advertisement1096 2013-01-02 8 NOTICES UOL GROUP LIMITED Company Registration No. *****0438C (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Notice is hereby given that the following share certificate has been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares Aseam Malaysia Nominees *****02-0 101 Sendirian Berhad Notice is also hereby1,096 words
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Advertisement74 2013-01-02 8 The SME Magazine coming to you with your copy of The Business Times today! IN THIS ISSUE: Winning Ways: Common characteristics of E50 award-winning companies What has branding got to do with productivity? Can businesses which champion social causes also turn in profits? Working in Wuhan: What you need to74 words
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GREATER CHINA/INDIA
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428 2013-01-02 9 Reuters [MUMBAI] India’s current account deficit widened to a record high of 5.4 per cent of GDP in the September quarter as export growth slowed more sharply than imports, with a similar gap expected in the December quarter likely to prolongReuters - 428 words
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Article, Illustration813 2013-01-02 9 Money will go directly to recipient’s bank account, cutting out middlemen AP [NEW DELHI] India will send billions of dollars in social welfare money directly to its poor under a new programme inaugurated yesterday, aiming to cut out the middlemenAP; PHOTO: AP - 813 words
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Article, Illustration518 2013-01-02 9 It will also focus on restructuring the growth model, President Hu says Bloomberg [BEIJING] China will work toward bolstering global economic growth in 2013, President Hu Jintao said in a New Year’s Eve address, amid optimism that a recovery in theBloomberg - 518 words
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Article600 2013-01-02 9 NYT [NEW YORK] The US federal government has given national security clearance to the controversial purchase of an American DNA sequencing company by a Chinese firm. The Chinese firm, BGI-Shenzhen, said in a recent news release that its acquisition of Complete Genomics, based inNYT - 600 words
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Page 9 Advertisements
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Advertisement15 2013-01-02 9 JAN ISSUE OUT NOW! START YOUR YEAR RIGHT WITH SINGAPORE’S NO.1 MEN’S MAGAZINE MENSHEALTH.COM.SG 100%USEFULWEBSITE!15 words
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ECONOMY WATCH
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Article, Illustration743 2013-01-02 10 Beyond fiscal cliff, market likely to face less drag from euro debt crisis this year AP [NEW YORK] It may be a big if, but assuming Washington lawmakers can get past the “fiscal cliff,” many analysts say that the outlookAP; PHOTO: BLOOMBERG - 743 words
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226 2013-01-02 10 Reuters Reuters [TOKYO] The Japanese government is expected to raise its economic growth forecast for the next fiscal year to above 2 per cent on hopes that its planned fiscal stimulus package will boost growth, the Yomiuri newspaper reported yesterday. TheReuters Reuters - 226 words
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382 2013-01-02 10 Reuters [SEOUL] South Korea’s parliament early yesterday approved a 342 trillion won (S$392.5 billion) government spending plan for 2013, after disagreement between the two major parties pushed talks past a midnight deadline. The budget is a marginal reduction from the 342.5 trillionReuters - 382 words
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290 2013-01-02 10 Reuters [DUBAI] Dubai has released a 2013 budget plan that would raise spending moderately while cutting the size of its deficit by 18 per cent, aiming to balance boosting growth with fixing state finances after its 2009-2010 debt crisis. Authorities couldReuters - 290 words
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Article, Illustration597 2013-01-02 10 AFP [SEOUL] North Korea’s young leader Kim Jong-Un called for a “radical turnabout” in the impoverished country’s economy in a rare New Year’s address yesterday that also urged improved relations with the South. Yesterday’s address called for a “radical” increase in output acrossAFP; PHOTO: AFP - 597 words
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Page 10 Advertisements
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Advertisement44 2013-01-02 10 mu II /ii in 1 *n an s $2.05 million for an executive condo in Tampines? Find a more affordable home on STProperty.sg Download the STProperty App for iPhone iPad now! At STProperty, your ideal property isn’t hard to find. f STProperty.SG STPropertySG STPROPERTY.se44 words
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WORLD
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Article, Illustration874 2013-01-02 11 It’s not worth the effort though half the fortune is still missing, says official AFP [MANILA] The Philippines is to wind down a near-30-year hunt for the embezzled wealth of late dictator Ferdinand Marcos, with more than half the supposed US$10 billionAFP; PHOTOS AFP - 874 words
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Article273 2013-01-02 11 Debt-laden firm to strengthen its capital base Reu ters [TOKYO] Struggling Japanese TV maker Sharp Corp is considering raising more than 100 billion yen (S$1.4 billion) this spring to bolster its capital base, the Yomiuri newspaper reported yesterday. The debt-laden company, whose displays areReuters - 273 words
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248 2013-01-02 11 AFP [TOKYO] Japanese regulators have found inadequate fireproofing at more than one-fifth of the nuclear reactors that went offline after the 2011 Fukushima crisis, a major daily said yesterday. The finding could delay their restart by several years in some cases, the Mainichi ShimbunAFP - 248 words
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634 2013-01-02 12 Worth US$800m, world’s largest gunmaker Freedom Group is up for sale Bloomberg [WASHINGTON] Business moguls who favour stricter gun-control laws among them Bloomberg LP founder and New York City Mayor Michael Bloomberg, financier George Soros and entertainment honcho David Geffen are inBloomberg - 634 words
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Article, Illustration746 2013-01-02 12 AP [NEW YORK] From the glittering New Year’s ball dropping in New York’s Times Square to joyous fireworks in London and cheers in a once-isolated Asian country, the world did its best to ring in 2013 with hope for renewal afterAP; PHOTO: REUTERS - 746 words
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Article, Illustration597 2013-01-02 12 They have to cater to changing tastes and new markets AFP [BRUSSELS] Belgium is rightly proud as producer of some of the world’s finest chocolate but changing tastes and new markets in Asia and the Arab world are shaking up its somewhat predictableAFP; PHOTO: AFP - 597 words
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500 2013-01-02 12 Voting to be split between immediate, long-term needs Reuters [WASHINGTON] The US House of Representatives is expected to split a US$60.4 billion Superstorm Sandy disaster aid bill into two parts, staging votes on US$27 billion to fund immediate recovery needs andReuters - 500 words
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490 2013-01-02 12 Carl Woese was first to prove that all life on Earth was related AP [NEW YORK] Carl Woese, a biophysicist and evolutionary microbiologist whose discovery 35 years ago of a “third domain” of life in the vast realm of micro-organ-isms altered scientific understanding of evolution,AP - 490 words
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Article, Illustration1165 2013-01-02 14 Despite a string of bad news Dow was up 7% last year and S&P 500 rose 13% AP [NEW YORK] If you’d told investors what was going to happen in 2012 US economic growth at stall speed, an intensifying European debt crisis, a slowdownAP; PHOTO: AP - 1,165 words
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881 2013-01-02 14 Startups, other firms get creative about new approaches to security NYT [SAN FRANCISCO] The anti-virus industry has a dirty little secret: Its products are often not very good at stopping viruses. Consumers and businesses spend billions of dollars every year on anti-virusNYT - 881 words
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WORLD WATCH
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139 2013-01-02 14 Reuters [DUBAI] The United Arab Emirates will stop imprisoning expatriates for writing cheques that bounce, Abu Dhabi daily The National reported yesterday, citing a senior official. The UAE’s tough penalties for defaulting on loans, which is a criminal offence in the country, wereReuters - 139 words
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105 2013-01-02 14 AFP [TOKYO] Japanese electronics giant Sony said it has stopped producing its PlayStation 2 consoles in Japan, fuelling online rumours a PlayStation 4 is in the pipeline. Since launching in 2000 the PS2, which has a Blu-ray player, has sold more than 150 millionAFP - 105 words
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132 2013-01-02 14 AFP [TOKYO] Japan’s population logged a record drop in 2012, health ministry estimates showed yesterday, highlighting concerns that an ever-dwindling pool of workers is having to pay for a growing number of pensioners. A record low 1,033,000 babies were born last year, against 1,245,000AFP - 132 words
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129 2013-01-02 14 AFP [MANILA] A “sin tax” on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines yesterday, as part of a government bid to boost finances. Many stores started selling tobacco and drink at inflated prices before midnight,AFP - 129 words
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Article, Illustration610 2013-01-02 16 He must lay a clear path to economic growth and national renewal, they say AFP [LONDON] Britain’s newspapers welcomed in the New Year yesterday with a warning for Prime Minister David Cameron that he will have to lay a clear pathAFP; PHOTO: AFP - 610 words
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Article, Illustration459 2013-01-02 16 SEC filing hints at distinct change in company’s strategy Bloomberg [SAN FRANCISCO] Hewlett-Packard Co said it’s evaluating the disposition of businesses that don’t meet goals more than a year after chief executive officer Meg Whitman said she didn’t plan to spinBloomberg - 459 words
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Article, Illustration598 2013-01-02 16 AP [LOS ANGELES] Growing concern that problems with the new electronic Oscar voting system could lead to record-low turnout has prompted the motion picture academy to extend the deadline for members to vote for Oscar nominations. But with next week’s highly anticipated announcements looming,AP; PHOTO: FILE - 598 words
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943 2013-01-02 16 Reuters [REUTERS] When several Colombian men were indicted in January 2010 on money-laundering charges, the case in Brooklyn federal court drew little attention. It looked like a bust of another nexus of drug traffickers and money launderers, with mainly small-time operatives paying theReuters - 943 words
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Page 11 Advertisements
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Advertisement199 2013-01-02 11 J® p-7 ■v.V. P ■t m :V ;i 2$ v araP t> T I? H pcff tA7 jfev Time to ADD ANOtHCP FCatHCP It is a mark of distinction for the brave and the fearless who have achieved new levels of business excellence and corporate success. The Singapore Business Awards199 words
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Page 13 Advertisements
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Advertisement4117 2013-01-02 13 VOLUNTARY CONDITIONAL CASH OFFER by SAC Capital Private Limited (Incorporated in the Republic of Singapore) (Company Registration Number: *****1542N) for and on behalf of Allegro Sky Global Capital Ltd (Incorporated in the British Virgin Islands) (Company Registration Number: *****22) to acquire all the issued and paid-up ordinary shares in the4,117 words
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Advertisement239 2013-01-02 15 SPHis more just a newspaper than company We go beyond the power of print to meet evolving needs. Through digital platforms, radio, outdoor media, exhibitions, shopping malls and community activities, we engage minds and enrich lives. DIGITALThe AsiaOne network, STJobs, STProperty, STClassifieds, STCars, STOMP ST Razor TV, omy.sg, shareinvestor.com, HardwareZone.com,239 words
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Transport HUB
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918 2013-01-02 17 DAVID HUGHES - After an awful year just past, 2013 has every reason to be better for the shipping industry STRAIT TALK By DAVID HUGHES FROM a business perspective, last year was pretty awful and so 2013 will not need to be outstanding to justify the tentative918 words
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Article, Illustration446 2013-01-02 17 Company to import 400m cubic metres in first quarter Reuters [BEIJING] PetroChina, China’s largest oil and gas producer, will import an additional 400 million cubic metres of liquefied natural gas (LNG) from the spot market for the first quarter to meet surgingReuters; PHOTO: BLOOMBERG - 446 words
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846 2013-01-02 17 Money-losing move prompted by Amazon.com’s drive NYT [NEW YORK] Ivy Wu did not immediately need the navy lace cocktail dress she ordered the other day. But when a representative from Shoptiques, an e-com-merce site, arrived at her Midtown office with the dress only hoursNYT - 846 words
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327 2013-01-02 17 Xinhua [PHNOM PENH] A Cambodian company and a Chinese firm on Monday signed a Memorandum of Understanding (MoU) in order to build a railway and a seaport in Cambodia to serve the iron and steel mining industry. The deal was inked betweenXinhua - 327 words
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265 2013-01-02 17 Reuters [SEOUL] Samsung Heavy Industries Co Ltd said an Asian firm which it did not identify cancelled an order for a floating production, storage and offloading (FPSO) unit worth 505 billion won (S$579.5 million). The buyer had previously delayed the order due toReuters - 265 words
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TRANSPORT HUB: AVIATION
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834 2013-01-02 18 NICK BILTON - Someone may get hurt but not because of interference with plane’s systems By NICK BILTON VER the past year, flying with phones and other devices has become increasingly dangerous. In September, a passenger was arrested in El Paso after refusing to turn834 words
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253 2013-01-02 18 AFP [MADRID] Spain’s debt-struck government says it plans to sell off a stake in airport operator AENA to private investors this year. Prime Minister Mariano Rajoy’s government scrapped the previous Socialist government’s plans to privatise the Madrid-Barajas and Barcelona-El Prat airports when itAFP - 253 words
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Article, Illustration651 2013-01-02 18 US Defense Dept awards contracts of up to US$4.9b Reuters [WASHINGTON] Lockheed Martin Corp has been awarded up to US$4.9 billion in additional funding for its F-35 Joint Strike Fighter programme, the Pentagon announced on Friday, providing a significant end-of-year boost in orders forReuters; PHOTO: REUTERS - 651 words
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301 2013-01-02 18 AFP [MUMBAI] India’s troubled Kingfisher Airlines has lost its permit to fly after a deadline to renew its suspended licence expired, the national aviation regulator said yesterday. The news is a fresh blow for the debt-laden carrier whose operations have been grounded sinceAFP - 301 words
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667 2013-01-02 18 Deal signed for site in South Carolina, giving it room to expand production Reuters [CHARLESTON, South Carolina] Boeing Co has signed a deal allowing it to buy nearly 1,100 acres (445.2 hectares) of land at the site of its 787 jet factory inReuters - 667 words
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TRANSPORT HUB: LAND
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Article, Illustration1392 2013-01-02 19 Toyota and other Japanese carmakers struggle, after Senkaku/Diaoyu dispute Bloomberg [SHANGHAI] Volkswagen AG will vie with General Motors for the sales crown among foreign carmakers in China this year, gaining share as Japanese manufacturers led by Toyota Motor struggle to recover amidBloomberg; PHOTOS: AP, REUTERS - 1,392 words
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932 2013-01-02 19 Ford, Renault attracted by the country’s lower labour costs NYT [MADRID] Despite the economic gloom that has enshrouded it since the onset of the global financial crisis, Spain has at least one industrial bright spot: The country and its skilled, if underemployed, workforce have onceNYT - 932 words
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Page 18 Miscellaneous
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Miscellaneous309 2013-01-02 18 CRYPTIC CROSSWORD Across 1 Pirate’s earthy character for the audience (7) 5 Lady of the French game (7) 9 Parading topless with a bow? (7) 10 Woolf in essence shows skill (7) 11 Ecdysiast ends in act showing little bust (9) 12 Stop terrorist head backing state (5) 13 Clown,309 words
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Page 19 Advertisements
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Advertisement8 2013-01-02 19 To subscribe, call 6388-3838 or go to sphsubscription.com.sg8 words
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EDITORIAL & OPINION
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506 2013-01-02 20 EDITORIAL SINGAPORE’S manufacturing sector, which accounts for around 20 per cent of GDP (gross domestic product), will continue to face headwinds this year. Numbers released by the EDB (Economic Development Board of Singapore) on Boxing Day showed that November’s factory output rose by506 words
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Article, Illustration774 2013-01-02 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE “fiscal cliff” is a massive failure of presidential leadership. The tedious and technical negotiations are but a subplot in a larger drama. Government can no longer fulfil all the promises itThe Washington Post Writers Group - 774 words
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Article, Illustration1072 2013-01-02 20 MICHAEL MATTHIESSEN - With the EU’s market size and its growth prospects, the FTA can only benefit the region By MICHAEL MATTHIESSEN The writer is EU Visiting Fellow, Lee Kuan Yew School of Public Policy, NUS SINGAPORE and the European Union agreed onPHOTO: BLOOMBERG - 1,072 words
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Article, Illustration1488 2013-01-02 21 ANTHONY ROWLEY - The next governor may have little room to manoeuvre on policy if PM Abe has his way ANTHONY ROWLEY Tokyo Correspondent WANTED, new governor for the Bank of Japan. Must be prepared to print unlimited quantities of money, pursue an aggressivePHOTO: REUTERS - 1,488 words
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Article, Illustration801 2013-01-02 21 ANDRÉS VELASCO - [SANTIAGO] By ANDRÉS VELASCO The writer, a former finance minister of Chile, is a visiting professor at Columbia University Project Syndi cate EUROPE has long been menaced by the threat of two crises. The first would erupt with a successful speculative attack onProject Syndicate; PHOTO:REUTERS - 801 words
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Article2874 2013-01-02 22 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 STXPO TBN Camden/New2,874 words
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Advertisement18 2013-01-02 22 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
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Page 23 Advertisements
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Advertisement235 2013-01-02 23 HUBLine HUB MARINE PTE LTD 133 New Bridge Road #23-03/05 Chinatown Point, Singapore *****3 Tel: 6534 4866 Fax: 6534 4066 Booking Hotlines: *****716/*****375 PAPUA NEW GUINEA SERVICE VESSEL VOYAGE SIN POM ORO LAE HUB ENZO HE080E 06/01 17/01 20/01 22/01 HUB ENZO HE081E 02/02 16/02 19/02 21/02 HUB ENZO HE082E235 words
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Advertisement11 2013-01-02 23 TO ADVERTISE IN .The Business Times Shipping Times CALL JOE WONG11 words
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FINANCE & COMMODITIES
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Article588 2013-01-02 24 Dec 31 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.36 *****.63 *****.85 Mar13 *****.00 *****.00 *****.00 *****.00 *****8 *****9 Jun13 *****.00 62 2338 MSCI TAIWAN INDEX FUTURES SPOT 276.36 277.23 275.27 Jan13 274.90 275.80 274.20 ***** *****6 Feb13 35 21 S&P CNX NIFTY588 words
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373 2013-01-02 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 31 Index Change Change Change Change Change Change World Preliminary 930.8 0.1 12.2 0.0 5.8 0.1 12.3 EAFE Preliminary 774.5 -0.1 13.5 -0.2 7.0 -0.1 13.6 Europe Preliminary 1147.2 0.0 11.8373 words
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Article, Illustration86 2013-01-02 24 As on 31 December 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1668.00 1661.00 1676.00 INDIA GOLD (E-GOLD) FUT FEB2013 562.05 556.45 559.55 CURRENCY EUR-USD FUT MAR2013 1.3237 1.3182 1.3209 BASE METAL COPPER FUT MAR2013 7981 7949 8054 INDEX IRON ORE (MBIO) IDX86 words
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Article107 2013-01-02 24 Dec 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1418.75 1424.00 1433.75 1409.50 Mar 13 1409.50 1418.00 1425.50 1400.75 May 13 1399.25 1409.50 1416.00 1390.50 Jul 13 1395.25 1407.25 1412.75 1387.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 13 49.16107 words
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Article70 2013-01-02 24 CRUDE OIL PRODUCTS Dec 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.08 -0.18 WTI (Near Mth) 91.06 unch Dubai (1-Mth F) 105.86 -0.31 Tapis blend 116.15 -0.29 Minas 108.73 -0.29 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.44 -1.39 Jet Kerosene 126.5 -0.13 US$/barrel OpecOil Basket70 words
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Article22 2013-01-02 24 Dec 31 S$ Bid Offer 1-month 1.2225 1.2227 2-months 1.2225 1.2227 3-months 1.2224 1.2227 6-months 1.2223 1.2226 Source: OCBC22 words
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Article65 2013-01-02 24 Dec 31 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2041.00 2030.75 3 months 2073.00 2063.00 Copper, Grade A(US$/tonne) Cash 7907.00 7866.50 3 months 7931.00 7887.00 Lead(US$/tonne) Cash 2316.50 2318.00 3 months 2330.00 2335.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months65 words
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Article79 2013-01-02 24 Dec 31 COCOA (£/tonne) Close Prev High/Low Mar 13 1435 1438 1441/1429 May 13 1442 1445 1448/1438 Jul 13 1452 1456 1458/1449 Sep 13 1461 1465 1470/1457 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1963 1961 1985/1955 Mar 13 1924 1911 1938/1902 May 13 1933 1919 1943/1910 Jul 13 193779 words
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986 2013-01-02 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 1 146 772 4.30 17 Conv Ratio Best World Intl Ltd W*****5 0.5 1 30 74 35.00 7 BiosensoBPeCW*****2 Prem BiosensoMBeCW*****3 Biosensors Int'l Group.ES.1212 121 -0.5 9986 words
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Article470 2013-01-02 24 Dec 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.033 6.467 0.786 8.047 56.870 100.052 0.894 11.081 3.176 1.261 100.960 42.647 1.269 8.798 0.949 30.143 31.778 0.642 1.038 Canada 0.968 6.260470 words
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Article66 2013-01-02 24 Dec 31 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid66 words
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Article134 2013-01-02 24 Dec 31 GOLD(US$/oz) Dec 28 Dec 31 Hong Kong 1671.00 1672.30 Dec 28 Dec 31 London 1655.82 1661.80 1656.61 1663.02 Source: Thomson Reuters CAST BAR Dec 31 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 147 65 5gm 416 326 10gm 744 653134 words
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Article87 2013-01-02 24 Dec 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 04-Apr-13 0.26 6-Month BS*****W 27-Jun-13 0.26 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.91 101.97 101.91 5-Year N*****0Z 2.37587 words
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Article57 2013-01-02 24 Dec 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 13 2370.0 2367.0 2370.0 2305.0 461 4880 Feb 13 2450.0 2451.0 2470.0 2396.0 2575 ***** Mar 13 2512.0 2497.0 2517.0 2439.0 ***** ***** Apr 13 2559.0 2542.057 words
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Article154 2013-01-02 24 Dec 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2686 1.2694 1.0379 1.0384 Canadian dollar 1.2281 1.2288 1.0051 1.0047 Euro 1.6134 1.6138 1.3200 1.3201 NZ dollar 1.0060 1.0066 0.8230 0.8234 Sterling pound 1.9750 1.9758 1.6158 1.6162154 words
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Article121 2013-01-02 24 As at 9am Dec 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.302 1.240 Can dollar 1.257 1.198 Euro 1.655 1.577 Sterling pound 2.013 1.936 NZ dollar 1.040 0.982 US dollar 1.247 1.188 Local dollars to 100 units of foreign121 words
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Article159 2013-01-02 24 Dec 31 Dec 31 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80159 words
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Advertisement72 2013-01-02 25 Secure your printers without working security guard hours. We started with legendary HP LaserJet reliability. Then we radically simplified security and fleet management. Plug this printer into your network, and it automatically helps protect data in storage or in transit using robust encryption, authentication, and security management. So you can72 words
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Article, Illustration1007 2013-01-02 26 NISHANT KUMAR - The likes of Mark Mobius last year fell far short of their benchmarks as they made wrong bets on China, writesNISHANT NISHANT KUMAR Reuters [HONG KONG] THE Warren Buffetts of the East failed to live up to their reputations in 2012, when big-nameReuters; PHOTO: AFP - 1,007 words
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Article, Illustration1547 2013-01-02 26 Mutual funds that invest in BRIC nations have posted US$1.65b of outflows Bloomberg [HONG KONG] Stocks in the biggest developing markets are lagging behind global equities for a record third year as faster economic growth proves no lure for investors amidBloomberg; PHOTO: AFP - 1,547 words
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Article, Illustration995 2013-01-02 25 Haunted by the financial crisis, they have drained money from equities during a bull market Bloomb erg [NEW YORK] AMERICANS have missed out on almost US$200 billion of stock gains as they drained money from the market in the past four years, hauntedBloomberg; PHOTO: BLOOMBERG - 995 words
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Advertisement12 2013-01-02 26 STOCKS Americans lose out in stocks as S&P 500 gains PAGE 2512 words
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