The Business Times, 30 January 2013

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Total Pages: 32
1 32 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Wednesday, January 30, 2013
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  • 815 1 EDITORIAL THE government’s much-anticipated White Paper on Population which was released yesterday offers a sweeping vision of key medium and long-term policies that go far beyond the issue of population itself. It also encompasses economic strategy as well as policies relating to immigration,
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  • 1076 1  -  It will ease up on workforce growth and settle for slower but more sustainable GDP expansion By MALMINDERJIT SINGH [SINGAPORE] Singapore is putting a new economic roadmap in place, one that will see a gentler but more sustainable pace of growth
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  • MARKETS DIGEST
    • 65 1 HST INDEX 3,259.75 (-14.16) HST INDEX FUTURES 3,260.00 (-14.00) HSIMSCI 366.32 (-0.34) HSIMSCI FUTURES 366.90 (-0.50) USS SS U5S 15$ pet U5$) 1.235 ((USS/S$ pet 1,571 1.942 EURO (US$/S$/€) 1.344 1.661 Foreign currency per USS 5$ YEN 90.70 73,40 RM 3.075 2.487 HKS 7.760 6.278 BAHT 29,82 24.12 RUPIAH
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    • 53 1 Tuesday Change Kl COMP 1.637,34 4-0.21 NIKKEI 225 10,866 72 ♦■42.41 HANG SENG 23,655 17 ■16.71 SET INDEX 1,478.7? -fft.72 JAKARTA COMP 4,439.03 ♦•22.09 MANILA COMP 6,234.73 ♦42.31 SEOUL COMP 1,955.96 ♦16.25 SHENZHEN B 871.33 ♦21.37 MUMBAI IND 19.990,90 •112,45 IT am ESI Change DOW 13,920,50 +38 56 NASDAQ
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    • 31 1 SINGAPORE 5.38 MALAYSIA b.SS HONG KONG S.00 INDONESIA 13.811 TAIWAN 5.036 JAPAN 1 -175 KOREA 9.33 BRITAIN 0-50 US 3 23 CANADA 3.00 SWITZERLAND 0 50 INDIA Source: Bloomberg
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  • Page 1 Advertisements
    • 154 1 TRANSPORT HUB Will carbon issue have a S’pore solution? PAGE 22 OPINION S’pore brands on world stage PAGE 21 PROPERTY Upbeat tender result for 99-year Jurong condo site PAGE 10 YAHOO CEO Marissa Mayer lifts revenue and spirits PAGE 17 SMRT Q3 profit down 31% PAGE 8 NON-CONFORMIST OiSIGN TIMELESS
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  • TOP STORIES
    • 637 2  -  Govt to strengthen ‘S’pore core’ while taking in immigrants at measured pace By LEE U-WEN [SINGAPORE] In about 17 years’ time, Singapore’s population could rise from 5.31 million today to as high as 6.9 million, based on the government’s latest projections. According to
      PHOTO: YEN MENG JIIN  -  637 words
    • 627 2  -  Sufficient land has been set aside for this purpose By ONG CHOR HAO [SINGAPORE] Enough land has been set aside for 700,000 more homes here by 2030 more than half the 1.2 million households currently to cater to a growing population. This
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    • 866 2  -  Abe’s aggressive yen strategy triggers currency movements By SIOW LI SEN [SINGAPORE] Suddenly everyone’s warning about currency wars with solemn officials having their two minutes of fame and rich investors on a roll. Markets love volatility and currency movements have been triggered
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    • 83 2 IN “NTU moves up a rung in FT’s MBA rankings to 32nd spot”, we wrongly reported that NTU’s Nanyang Business School climbed a rank to No 32 from a year ago and that NUS Business School fell to No 36 from No 27 previously. It should be a climb
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    • 664 2  -  Triple-dip recession looming following contraction in Q4 By NEIL BEHRMANN in London STERLING has fallen sharply against the US dollar and euro this year on expectations that the Bank of England will extend monetary easing and allow the pound
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    • 408 2 Singapore sets its growth path on a gentler climb SINGAPORE is putting a new economic roadmap in place, one that will see a gentler but more sustainable pace of growth than before. At the same time, it will also start growing its workforce far more slowly than it
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    • 629 4  -  Expert says huge plane orders could exert pressure on yields and profits By VEN SREENIVASAN [SINGAPORE] Asia-Pacific’s low-cost carriers (LCCs), which have enjoyed phenomenal growth during the past decade, could be headed for a bout of turbulence in the coming years, brought on by huge
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    • 814 4  -  Singapore still an attractive place for banks, says regional head of markets By CAI HAOXIANG [SINGAPORE] Citi’s global markets revenue in Asia was up more than 10 per cent last year, driven by strong performance in its rates and currencies business.
      PHOTO: ARTHUR LEE  -  814 words

  • Page 3 Advertisements
    • 122 3 RDDF DOWN. NOT PERFORMANCE Usually when the roof comes off a coupe, rigidity is compromised. Heavy strengthening braces have to be added. But our 12C Spider is built with the same carbon fibre MonoCell as the Coupe so there’s no loss of rigidity. Which means we keep weight to a
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  • Page 4 Advertisements
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  • COMPANY NEWS
    • 782 5  -  Investors selling shares to TCC Assets on brink of auction doesn’t seem ‘logical’ By KENNETH LIM FRASER and Neave (F&N) chairman Lee Hsien Yang told shareholders yesterday that it did not seem “logical” for investors to sell to major stakeholder TCC Assets on the
      ST FILE PHOTO  -  782 words
    • 395 5  -  Q2 profit of US$38m against US$33.86m loss a year ago By MALMINDERJIT SINGH CREATIVE Technology recorded a net profit attributable to equity-holders of US$38.11 million for its second quarter ended Dec 31, 2012, compared with a net loss of US$33.86 million a year
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    • 280 5  -  By JASMINE NG JURONG Shipyard has reached an agreement with its former auditors, Ernst Young, for a “full and final amicable settlement” over a case of disputed foreign exchange transactions. Parent company Sembcorp Marine (SembMarine) said in a filing to the Singapore Exchange yesterday
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    • 588 8  -  Higher bus losses and operating costs blamed; no dividends will be declared By SAMUEL EE SMRT Corp’s net profit for the third quarter ended Dec 31, 2012, slumped 31.2 per cent year-on-year to $25.5 million despite a 5 per cent rise in revenue
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    • 1025 8  -  HOCK LOCK SIEW By R SIVANITHY WHEN the US Federal Reserve releases its post-Open Market Committee meeting statement today, it’ll certainly be interesting to see if it highlights Wall Street’s fine run these past months to new five-year highs as evidence
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    • 504 9  -  Proceeds to fund future potential acquisitions, repay existing debts By LEE MEIXIAN ASCOTT Residence Trust (Ascott Reit) has raised gross proceeds of $150 million through a private placement of 114.9 million new units at $1.305 apiece to capture growth opportunities. The placement received
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    • 367 9  -  By CARINE LEE IPC Corporation posted a 30.8 per cent year-on-year jump in net profit despite turnover tumbling 61.1 per cent for the full year of 2012. Earnings attributable to shareholders rose to $4.77 million from $3.65 million as non-controlling interests
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    • 422 9  -  By TEO SI JIA STARHILL Global Real Estate Investment Trust (Reit) posted a 12.1 per cent growth in its income available for distribution to $24.88 million for the fourth quarter ended Dec 30, 2012. Income to be distributed to unitholders grew 11.9
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    • COMPANY BRIEFS
      • 67 9 OLAM International yesterday allotted some 748.43 million bonds and about 387.36 million warrants, in connection with its renounceable underwritten rights issue. The bonds and warrants will be listed on the Singapore Exchange (SGX) mainboard tomorrow. A residual amount of 1.57 million bonds and 3,845
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      • 66 9 STATS ChipPAC has signed a definitive patent licence and settlement agreement with Tessera Inc to dismiss all claims and counterclaims between the two companies as well as two of STATS ChipPAC’s subsidiaries, STATS ChipPAC Inc and STATS ChipPAC (BVI). It now expects fourth-quarter net
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      • 58 9 IPCO International Ltd is placing 90 million new shares at 2.052 cents apiece to raise $1.85 million. The issue price represents a 10 per cent discount to the volumeweighted average price of 2.28 cents per share for trades done the preceding market
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  • Page 5 Advertisements
    • 81 5 ;.£o>' 1 CleanTech One Space Available at CleanTech Park Singapore’s First Eco Business Park Green Mark Platinum building in a peaceful eco-environment Located at 1. CleanTech Loop (next to NTU) Easy access to PIE Shuttle service to and from Pioneer MRT Station In-house cafeteria Open to tenants conducting business park
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  • SINGAPORE MARKETS
    • 603 6  -  Volume figures captured the interest in the second and third line there were 5.7b units worth $1.9b traded STOCKS R SIVANITHY Senior Correspondent SECOND and third liners continued to dominate trading in the local market yesterday as the Straits Times Index (STI) drifted without much clear
      Source: Bloomberg  -  603 words
    • 75 6 Jan 29 VALUE CLOSE BT OB/OS 595 00 +241.00 BT CADI ■*****.00 +49.00 8T 10-day (VIA -***** 00 +59,00 FTSE SI Mid Cap 805.81 -0.39 FTSE ST Small Cap 568.51 1.64 FTSE ST All Share 803.01 -2.64 FTSE ST China Top 232.72 +0.15 FTSE ST China 264,58
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 5 4 0 0 0 8 5 4 Manufacturing 70 55 36 14 5 7 84 60 43 Commerce 26 22 18 6 6 0 32 28 18 Tpt/Stor/Comms 19 12 12
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    • 121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,466 33,466 71,966 71,966 Manufacturing 1,135,965 198,640 1,334,605 414,825 3,551 418,376 Commerce 957,889 219,038 1,176,927 203,133 14,280 217,413 Tpt/Stor/Comms 133,448 13,955 147,403 152,407 4,666 157,073 Finance 195,506 172 195,678 260,408 76 260,484 Construction 753,808 254,937
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    • 871 6  -  Compiled by KENNETH LIM Triyards Holdings Jan 29 close: $0.825 UOB-KAY HIAN RESEARCH, Jan 29 TRIYARDS Holdings (Triyards) is an offshore fabricator specialising in: (a) advanced construction and offshore support vessels (OSV), and (b) self-elevating units (SEUs), including liftboats. Liftboats are self-propelled, selfelevating mobile platforms used for servicing
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    • 112 6 Stock name Close Change CapMallsAsia 2.150 CapitaLand 3.990 -0.030 CapitaMall 2.100 -0.030 CityDev 11.42 +0.080 ComfortDelGro 1.895 +0.015 DBS Grp 14.77 F&N 9.550 GLP 2.680 -0.010 Genting SP 1.470 -0.005 Golden Agri 0.630 -0.005 HK Land 7.820 -0.190 IHH Healthcare 1.330 -0.045 JMH 63.70 -1.300 JSH
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    • 469 6 CURRENCIES Reuters [SINGAPORE] The South Korean won had its best day in 13 months, leading gains that most emerging Asian currencies produced yesterday as investors saw their recent weakness as excessive given the region’s solid economic fundamentals. The won ended the local trade
      Reuters; PHOTO: REUTERS  -  469 words
    • 53 6 VOLUME IPCO Intl 604,684,000 MDR 538,826,000 Oceanus 453,082,000 YHM 253,343,000 MDR W*****5 232,141,000 GSH Corp 213,621,000 Contel 172,600,000 JES 172,422,000 Innopac 171,624,000 Informatics 167,682,000 VALUE($) UOB 93,493,090 GLP 63,308,250 Interra 61,707,135 SingTel 55,852,295 DBS Grp 55,105,778 Biosensors 52,150,200 Wilmar 49,862,320 Genting SP 45,627,868 Noble Grp 45,284,165 Thai
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    • 111 6 BY CENTS CLOSE UP DBXT AUDCS 5US$ ***** 118.6 0.4 DBXT MSKorea 10US$ 5926 103.8 1.4 GLD 10US$ ***** 56.9 0.3 DBXT SPASX200 10US$ 3975 37.1 0.8 Lyxor Europe 10 US$ 1338 30.9 1.9 Hyflux 6% CPS 10 ***** 30.0 0.3 Semb Corp.ES.1301 557 24.0 4.5 DBS Bk 4.7%
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    • 117 6 BY CENTS CLOSE DOWN JMH 6370 -160.7 -2.0 Jardine C&C 5157 -26.0 -0.5 HK Land 782 -23.5 -2.4 STXPO 100 619 -9.0 -1.4 DBXT MSBrazil 10US$ 565 -8.7 -1.2 UOB 1872 -8.0 -0.4 IS ASIA HYG100US$ 1130 -7.4 -0.5 Wilmar 382 -7.0 -1.8 DesignStudio 39.5 -6.5 -14.1 Surface MT
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    • 5 6 DAILY
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  • Page 7 Advertisements
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  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 159 9 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Small Footprint Standard Factories K 4 units of premium three-storey standard factories at Buroh Street (Tanjong Kling) Spacious interior with floor-to-floor height of 6m to 7m High floor loading of 12.5kN/m 2 throughout all levels Direct doorstep loading/unloading bays that can accommodate
      159 words
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      425 words

  • SINGAPORE NEWS
    • 958 10  -  MCL’s top bid would have been even higher if not for cooling move: CEO By KALPANA RASHIWALA A 99-year private condo plot about 450 metres from the Lakeside MRT station attracted 12 bids yesterday, in an indication that developers’ interest in prime
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    • 514 10  -  By CHUANG PECK MING PAY hikes in over half of the companies here are likely to hold steady this year, according to the latest survey by recruitment firm Hays. Some 52 per cent of the firms plan to offer a raise
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    • 438 10  -  By NISHA RAMCHANDANI WITH the number of female business travellers and small-business travellers across Asia expected to rise sharply over the next two decades, travel providers should look at tweaking their offerings to cater to the needs of such niche
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    • 520 10  -  By ONG CHOR HAO The Housing and Development Board (HDB) has put 3,346 Build-to-Order (BTO) flats up for balloting that span six towns, with an equal mix of mature and non-mature estates. These homes form the first tranche of the 23,000
      Foto:  -  520 words
    • 538 10  -  By MINDY TAN THE average cost of relocating staff to Singapore has increased 2.7 per cent to average US$5,510 per month this year third highest in Asia and eighth globally. Taking currency fluctuation into account, however, the cost of renting an apartment in
      538 words
    • SINGAPORE ROUNDUP
      • 79 10 JTC Corporation has awarded the tenders for two 30-year-leasehold industrial sites in Jurong. A 2.74-ha parcel in Buroh Street has gone to a joint venture between Capital Development and ZACD Investments for $82.1 million ($111.35 per square foot per plot ratio); a 1.07-ha
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      • 68 10 LOCAL firms DP Architects and RSP Architects have made the list of World Architecture 100, a survey by magazine Building Design which ranks practices by their number of fee-earning architects. DP is seventh, with a headcount of 726 architects, down from
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  • MALAYSIA/INDONESIA
    • 509 11  -  Latest inflation numbers are benign amid relatively robust growth By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S central bank, Bank Negara Malaysia (BNM), is unlikely to raise rates at its monetary meeting tomorrow, given that the latest inflation numbers are benign amid relatively robust
      PHOTO: AFP  -  509 words
    • 209 11 Reuters [LONDON] Indonesia-fo-cused miner Bumi said yesterday that it would hold an extraordinary general meeting on Feb 21 to vote on proposals put forward by cofounder Nat Rothschild to oust the majority of the board. Mr Rothschild, who is locked in a
      Reuters  -  209 words
    • 443 11  -  By in PAULINE NG in Kuala Lumpur KUALA Lumpur is shaping up as the site for a luxu-ry-class Harrods Hotel owned by Qatar Holding LCC. The hotel will be part of an integrated development comprising two residential towers, an office block and a
      443 words
    • 533 11 Reuters [SINGAPORE] Malaysia’s central bank said it has told domestic banks they must use a reference rate produced by the country’s foreign exchange association for ringgit foreign exchange contracts. The central bank’s directive would exclude use of a Singapore-based fixing now
      Reuters  -  533 words
  • Page 11 Advertisements
    • 197 11 IN THE MATTER OF The Companies Act, Cap 50 And In the Matter of GLOBAL BRANDS GROUP HOLDINGS PTE LTD (In Creditors’ Voluntary Liquidation) (Co. Reg No. *****6607E) (“Company”) NOTICE OF MEETING OF CREDITORS AND CONTRIBUTORIES PURSUANT TO SECTION 307 OF THE COMPANIES ACT NOTICE IS HEREBY GIVEN that pursuant
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    • 196 11 IN THE MATTER OF The Companies Act, Cap 50 And In the Matter of GLOBAL BRANDS GROUP PTE LTD (In Creditors’ Voluntary Liquidation) (Co. Reg No. *****5372K) (“Company”) NOTICE OF MEETING OF CREDITORS AND CONTRIBUTORIES PURSUANT TO SECTION 307 OF THE COMPANIES ACT NOTICE IS HEREBY GIVEN that pursuant to
      196 words
    • 204 11 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF The Companies Act, Cap 50 And In the Matter of GLOBAL BRANDS (SINGAPORE) PTE LTD (In Creditors’ Voluntary Liquidation) (Co. Reg No. *****2919G) (“Company”) NOTICE OF MEETING OF CREDITORS AND CONTRIBUTORIES PURSUANT TO SECTION 307 OF THE COMPANIES
      204 words
    • 196 11 IN THE MATTER OF The Companies Act, Cap 50 And In the Matter of GLOBAL BRANDS (FOOTBALL) PTE LTD (In Creditors’ Voluntary Liquidation) (Co. Reg No. *****5374M) (“Company”) NOTICE OF MEETING OF CREDITORS AND CONTRIBUTORIES PURSUANT TO SECTION 307 OF THE COMPANIES ACT NOTICE IS HEREBY GIVEN that pursuant to
      196 words
    • 139 11 In the Matter of The Companies Act, Cap.50 AND IN THE MATTER OF CAPITALAND AIM PTE. LTD. (IN MEMBERS’ VOLUNTARY Liquidation) (Co. Reg. No. *****5615Z) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting of
      139 words
    • 0 11 ?*.=|-!&&}"`]"!%'/>;==%<+|;|\%-
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  • GREATER CHINA
    • 1013 12  -  Analysts expect further boost this year from a stronger Chinese economy By ADRIAN WAN EJ In sight [HONG KONG] China’s airline industry is likely to see faster profit growth this year as global fuel prices stabilise, offsetting slower passenger traffic, analysts said.
      EJ Insight; PHOTO: REUTERS  -  1,013 words
    • 439 12  -  By JULIE ZHU EJ Insight [HONG KONG] China is likely to tolerate an expansion in its fiscal deficit this year to accommodate a surge in government spending and absorb the impact of more tax breaks to stimulate economic growth. A wider
      EJ Insight  -  439 words
    • 203 12 Reuters [SHANGHAI] China’s top think tank has lifted its economic growth forecast for 2013 to 8.4 per cent from 8.2 per cent, with faster expansion seen in the first half of the year, the official China Securities Journal reported yesterday. The
      Reuters  -  203 words
  • Page 12 Advertisements
    • 550 12 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices CHASEN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6814G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Stamford 1, Raffles Country Club, 450 Jalan
      550 words
    • 213 12 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF UNITED GENERAL SERVICES (PTE.) LTD. (In Member’s Voluntary Liquidation) (Company Reg. No. *****3902Z) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of
      213 words
    • 220 12 HOKKAIDO GOURMET FOODS (SANDWICHES AND SASHIMI) PRIVATE LIMITED Co Reg No. *****8544D (IN CREDITORS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL GENERAL MEETING OF THE COMPANY AND THE CREDITORS Notice is hereby given that a Final General Meeting of the company and the creditors of the abovenamed Company will be held at
      220 words
    • 105 12 THE BVI BUSINESS COMPANIES ACT, 2004 CENTURY FOX HOLDINGS LTD Company No. *****64 (the "Company") a BVI Business Company NOTICE OF LIQUIDATOR'S APPOINTMENT NOTICE IS HEREBY GIVEN pursuant to section 204 (1) (b) of the BVl Business Companies Act, 2004 that Chong Weiyi at 1 Raffles Place, #28-02 Tower 1,
      105 words
    • 198 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OMEGA CHALLENGE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NUMBER: *****9740K FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of
      198 words

  • INDIA
    • 804 13 Bloomb erg [CHENNAI] Prathap Reddy, the 80-year-old founder of India’s biggest hospital operator, is breaking with tradition to avoid the sort of dispute similar to the one between the nation’s richest brothers. The chairman of Apollo Hospitals Enterprise Ltd has formed a
      Bloomberg; PHOTO: BLOOMBERG  -  804 words
    • 444 13 New exchange set to pose intense competition to India’s two established bourses Reuters [MUMBAI] MCX-SX, India’s new stock exchange, will begin trading of cash equities and equities derivatives on Feb 11, setting up what is expected to be intense competition with the country’s two established
      Reuters  -  444 words
  • Page 13 Advertisements
    • 2864 13 mma NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MANDATORY UNCONDITIONAL GENERAL CASH OFFER by Asiasons WFG Capital Pte Ltd (Company Registration No. *****2789M) (Incorporated in the Republic of Singapore) for and on behalf of Bon Ween Foong to acquire all the issued and paid-up ordinary shares in the capital of
      2,864 words

  • ECONOMY WATCH
    • 795 14 RBI also cuts cash reserve ratio, adding 180b rupees into the banking system Bloomberg [MUMBAI] India lowered interest rates for the first time since April and cut the amount of deposits lenders must set aside as reserves, easing policy to aid
      Bloomberg  -  795 words
    • 871 14 Move to ease rules could raise housing demand, revenues Reu ters [NEW YORK] The sluggish US economy could get a lift if President Barack Obama and a bipartisan group of senators succeed in what could be the biggest overhaul of the nation’s immigration system
      Reuters; PHOTO: AP  -  871 words
    • 756 14 Economists doubt purchases will help boost job creation Bloomberg [WASHINGTON] Federal Reserve chairman Ben Bernanke’s latest round of bond buying will reach US$1.14 trillion before he ends the programme in the first quarter of 2014, according to median estimates in a
      Bloomberg  -  756 words
  • Page 14 Advertisements
    • 120 14 i 0 0 0 gnrs AUSPICIOUS DINING AT KOPI TIAM 3-19 FEBRUARY 2013 Enjoy a prosperous celebration, teeming with fortune-filled feasting at Kopi Tiam whether it is an intimate family reunion or a corporate luncheon, take in the true spirit of the Lunar New Year with eight festive delicacies including
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  • Page 15 Advertisements
    • 219 15 The Business Times Subscription rewards Get all these exclusive gifts when you subscribe to the new Business Times All-in-One. i FULLY REDEEMED Raffles Conversations Book 2012 FULLY REDEEMED FULLY REDEEMED $50 Kitchen Language Dining Voucher FULLY REDEEMED Charriol Fragrance 105 ml (Eau de Toilette Pour Homme) Limited to first 1,000
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  • WORLD
    • 481 16 This comes as payroll tax increases 2 percentage points LATEST US DATA Bloomb erg [WASHINGTON] Confidence among US consumers declined more than forecast in January, reaching the lowest level in more than a year as higher payroll taxes took a bigger bite out of
      Bloomberg  -  481 words
    • 521 16 Reuters [LONDON] Anglo American plc will take a US$4 billion write-down on its Minas Rio iron ore operation in Brazil after delays and cost overruns forced the mining group to increase expenditure on the project. The company also said on Tuesday that it expects
      Reuters; PHOTO: BLOOMBERG  -  521 words
    • 593 16 Reuters [MOSCOW] Two Russian billionaires have been shortlisted to buy a stake in Polyus Gold, sources said, in a deal which could pave the way for a merger with rival Polymetal to create a national gold mining champion. Sources close to
      Reuters; PHOTO: REUTERS  -  593 words
    • 580 16 It aims to focus on cancer scanners, energy-saving bulbs Bloomberg [AMSTERDAM] Royal Philips Electronics NV, 50 years after unveiling the compact cassette for music mixtapes, agreed to sell its audio and video unit (AV) to focus on more profitable cancer scanners and ener-gy-saving
      Bloomberg; PHOTO: REUTERS  -  580 words
    • WORLD WATCH
      • 69 16 Bloomberg [NEW YORK] Apple introduced a fourthgeneration version of the iPad with a so-called retina display and 128 gigabytes of memory, twice the storage capacity of models already on the market. The new iPad will be available from Feb 5 at a starting
        Bloomberg  -  69 words
      • 96 16 Bloomberg [STOCKHOLM] Nokia Oyj, the struggling Finnish phonemaker, plans to invest US$250 million in a fund that will provide venture funding for mobile communications companies worldwide, with an increased focus on China. Nokia Growth Partners, the venture-capital arm of Nokia, will continue to
        Bloomberg  -  96 words
      • 65 16 AP [DEARBORN, Michigan] Ford earned US$1.6 billion in the fourth quarter as sales rose in every region outside Europe. The No 2 US carmaker earned 31 US cents per share, up from an adjusted 20 US cents per share in the fourth quarter of
        AP  -  65 words
      • 106 16 Bloomberg [NEW YORK] Pfizer, the world’s biggest drugmaker, forecast 2013 profit of as much as US$2.30 a share, higher than analyst estimates, after the introduction of two products with the potential to each generate more than US$1 billion a year. Full-year earnings excluding one-time
        Bloomberg  -  106 words
      • 144 16 Reuters [WASHINGTON] Peabody Energy Corp reported a surprise US$1 billion loss in the fourth quarter due to a steep fall in prices of steel-making coal and warned that it would post a current-quarter loss on an adjusted basis. Peabody, the largest coal producer in the
        Reuters  -  144 words
    • 288 16 Reuters [LONDON] Britain’s accounting watchdog said it won’t take any action against Ernst Young (E&Y) over the way it checked the books of Lehman Brothers, the US bank whose failure triggered a near melt-down in global markets in 2008. The Financial Reporting Council (FRC)
      Reuters  -  288 words
    • 460 17 The draft budget marks symbolic improvement after years of deterioration Reuters [TOKYO] Japan’s government approved yesterday a US$1.02 trillion draft budget for the next fiscal year from April that aims to nudge tax revenues above new bond sales for the first time in
      Reuters  -  460 words
    • 823 17 Yahoo’s sales increased for the first time in 4 years NYT [SAN FRANCISCO] Marissa Mayer, just by being Marissa Mayer, has done more to move Yahoo forward in her first six months as chief executive than any of her five predecessors did over as
      NYT; PHOTO: BLOOMBERG  -  823 words
    • 361 17 AFP [WASHINGTON] A government auditor on Monday blasted the US Treasury for approving high levels of executive pay at firms the Treasury bailed out in the financial crisis. The Special Inspector General for the Troubled Asset Relief Program (Sigtarp) said that
      AFP  -  361 words
    • 598 17 AFP [SEOUL] Weeks after its chairman Eric Schmidt’s secretive visit to North Korea, Google has rolled out a detailed map of the isolated state that even labels some of its remote and infamous gulags. Until now North Korea was pretty much a blank
      AFP  -  598 words
    • 462 17 Bloomberg [NEW YORK] A US judge said the Internal Revenue Service can demand information from UBS AG about US clients of Wegelin Co, the Swiss bank that pleaded guilty this month to conspiring to help cheat the IRS. US District Judge William H
      Bloomberg  -  462 words
    • 680 18 Air and rail travel, coal production disrupted; insurance claims pour in Reuters [CANBERRA] Massive summer floods have killed four people and forced thousands to evacuate their homes across two Australian states yesterday, disrupting air and rail travel and coal production. A deluge fed
      Reuters; PHOTO: AP  -  680 words
    • 385 18 Reuters [NEW YORK] A group of investors in the company that owns the Empire State Building filed a motion on Monday to block a proposed settlement of a lawsuit against a group looking to create a public company with the historic building as
      Reuters  -  385 words
    • 537 18 Reuters [NEW YORK] A former Ecuadorean judge has claimed that after stepping down from the bench, he illegally ghostwrote a judgment in which Chevron was ordered to pay US$18.2 billion for polluting the rain forest, and that the plaintiffs paid a
      Reuters  -  537 words
    • 682 18 Regulator likely to unveil draft rule changes in months Bloomberg [HONG KONG] Australian lenders seeking to cut costs selling mortgage bonds look set to benefit from a rule letting them tailor offerings to better suit yield-hun-gry European and US investors. Offerings of structured
      Bloomberg  -  682 words
    • 472 18 Bloomberg [LONDON] Royal Bank of Scotland Group plc (RBS), Britain’s biggest publicly owned lender, may reduce the bonus pool at its investment bank by more than a third as it prepares to pay fines to US and UK regulators for manipulating
      Bloomberg; PHOTO: BLOOMBERG  -  472 words
    • 736 19 Top on the agenda will be reviving WTO’s role as centre for world trade talks AFP [GENEVA] Candidates from nine mainly developing nations face off this week for the job of reviving stalled global trade talks as the new head of
      AFP; PHOTO: REUTERS  -  736 words
    • 353 19 They were hitherto barred by Games sponsorship rules Reuters [LONDON] British businesses denied a chance to trumpet their role in the 2012 Olympics because of strict sponsorship rules have been cleared to promote their involvement in the Games. Firms which helped design
      Reuters  -  353 words
    • 676 19 AFP [RIGA, Latvia] Unfazed by the eurozone crisis, Latvia is poised to pass key legislation tomorrow paving the way for a request for EU approval of its entry as the zone’s 18th member on Jan 1, 2014. But very few Latvians are cheering.
      AFP; PHOTO: AFP  -  676 words
    • 806 19 Reuters [DUBLIN] Ireland’s banking recovery could yet be derailed by its international creditors. The European Central Bank’s refusal so far to give Dublin any relief on the 30-billion-euro (S$49.8 billion) cost of bailing out Anglo Irish Bank is a major setback for
      Reuters; PHOTO: BLOOMBERG  -  806 words
    • 314 19 Reuters [BOSTON] Bugs in widely used networking technology expose tens of millions of personal computers, printers and storage drives to attack by hackers over the regular Internet, researchers with a security software maker said. The problem lies in computer routers and other networking equipment
      Reuters  -  314 words




  • EDITORIAL & OPINION
    • 763 20  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 CHINA, with US$3 trillion in its foreign reserves, is looking for investment opportunities around the world; surprisingly, perhaps, it is discovering that its money
      763 words
    • 924 20  -  The Aquino govt’s move to challenge China’s maritime claims is sure to raise tensions By WILLIAM PESEK The writer is a Bloomberg View columnist. The opinions expressed are his own. Bloomberg SAY what you want about Benigno Aquino, but the Philippine president
      Bloomberg; PHOTO: REUTERS  -  924 words
    • 887 20  -  By JOHN GEE The writer is a Singapore-based freelance writer PROVIDING for the growing proportion of elderly people in Singapore is one of the main factors behind the drive to encourage people to have more children. The problem can be posed too starkly.
      887 words
    • 1108 21  -  The existing tax regime should be tweaked to encourage more local companies to develop their own brands By OWI KEK HEAN, TAY HONG BENG The writers are respectively deputy managing partner head of enterprise and head of tax at KPMG in Singapore. The views
      PHOTO: REUTERS  -  1,108 words
    • 893 21  -  By SIMON JOHNSON The writer is a professor at MIT’s Sloan School of Management. GERMANY’S gold is on the move. For the first time since official gold transactions became more transparent, the Bundesbank has given notice that a significant portion of its holdings
      PHOTO: AP  -  893 words


  • Transport HUB
    • 726 22 Citi sees companies turning to high-yield bond market Reuters [LONDON] Shipping companies will find it tough to borrow money again this year as a slump in the sector shows few signs of easing and regulators press banks to cut back lending, Citigroup’s global
      Reuters  -  726 words
    • 264 22 SGX 000 Jan 29 5S -WVol CM Ofhhore Chuen Hup Hlbo Co»to Corp -BiS3 0 31 ,0SB unch unrh unch 0.02 4>.Ol UllCJl unch unfit ■0.0: 423 1233 4236 1519 5253 1062 1941 11 955 Ej*h HJbg'j Pint SIMP Uvi Freight urrVs GiiiiU Banks 20 ...0 .0.07 0
      264 words
    • 1021 22  -  Singapore-based Ecospec offers a way to continue using heavy fuel oil STRAIT TALK By DAVID HUGHES MANY in the shipping industry will have assumed that the recent Doha agreement to extend the Kyoto Protocol on climate change had little to do with shipping.
      PHOTO: BLOOMBERG  -  1,021 words
    • 898 22 Bloomberg [LONDON] Opec’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at least three years and lowering earnings for Frontline Ltd and other shipowners. The Organization of Petroleum Exporting
      Bloomberg  -  898 words
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  • TRANSPORT HUB: AVIATION
    • 982 23 CEO may have to write off that sum if woes run too deep Bloomberg [DALLAS] As government regulators investigate The Boeing Co’s 787 Dreamliner and company engineers search for solutions, investors and analysts are grappling with the bottom-line question: How much will
      Bloomberg; PHOTO: REUTERS  -  982 words
    • 444 23 Reuters [PARIS] Airbus had warned the airline industry of risks related to lithium batteries almost a year before two safety incidents grounded 787 Dreamliners built by its chief rival Boeing, according to a presentation seen by Reuters. The European planemaker spelled out
      Reuters; PHOTO: AFP  -  444 words
    • 443 23 Reuters [DETROIT] Elon Musk has long considered Tesla Motors Inc the bold, nimble answer to the auto industry’s cautious culture. Now the electric car maker’s top executive has extended his help to another industrial giant: Boeing Co. In a Jan 26
      Reuters  -  443 words
    • 564 23 AFP [DUBLIN] Irish no-frills airline Ryanair hiked its annual earnings forecast on Monday after posting soaring profits, and confirmed a proposal it hopes will enable it to win a battle to buy rival Aer Lingus. Profit after tax jumped 21 per
      AFP  -  564 words
  • Page 23 Advertisements
    • 33 23 I m T SMAPORES HOT hottest I Wm ms 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 FACEBOOK.COM/HOTFMSG 3* HOTFMSG
      33 words
  • Page 23 Miscellaneous
    • 328 23 CRYPTIC CROSSWORD Across 7 Management of river in Norfolk town adjoining a lake (8) 9 Bird arrives diving into grass (6) 10 Scoundrel, in the course of time, makes mistakes (6) 11 Soldier receiving notice in a pickle (8) 12 Nutter in pother bungled car manoeuvre (5-5,4) 15 Harvest to
      328 words

  • TRANSPORT HUB: LAND
    • 599 24 They aim to cut cost, plan launch of first such vehicles for mass market in 2017 Reuters AFP [NABERN, Germany] Daimler, Ford and Nissan plan to develop and launch affordable fuel-cell vehicles within five years, in the latest sign of increasing
      Reuters; AFP; PHOTO: AFP  -  599 words
    • 597 24 Demand in Asia, US offsets China, Europe weakness; Toyota regains No 1 crown AFP [TOKYO] Japan’s three biggest carmakers Toyota, Nissan and Honda on Monday posted record sales for 2012, as the results confirmed that Toyota recaptured the world’s biggest carmaker crown. The
      AFP; PHOTO: AP  -  597 words
    • 568 24 Reuters [LONDON] Britain’s government pressed ahead on Monday with a planned high-speed rail link that is opposed by many of its own lawmakers, striving to show it is committed to projects that will eventually revitalise a moribund economy. The route for the
      Reuters  -  568 words
  • Page 24 Advertisements
    • 44 24 Undecided between fixed or floating rates for your housing loan? Determine which one's better for you from the Financial Guide" section of STProperty.sg r€Download the STProperty App for iPhone, iPad Android now! At STProperty, your idea! property isn’t hard to find. STProperty.SG STPropertySG STPROPERTY.se
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    • 48 24 Why pay to advertise your car for sale online? Do it for FREE Visit or SMS to now in the following format: Vehicle number POST Buy, sell or rent. At STCars.sg, your ideal car isn’t hard to find. A product of Sf'l, Singapore’s Most Trusted Media Group STCARS.sg
      48 words

  • 2849 25 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/New
    2,849 words
  • Page 25 Advertisements
    • 52 25 p th fi d d y y° th se rvi c Sh Xi PR 9 TO ADVERTIS CALI IO WONG AT 9620 1327 Shipping Times Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times
      52 words
    • 18 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      18 words

  • Page 26 Advertisements
    • 139 26 Importers looking for Warehouse Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 I FREIGHT FORWARDER urgently needed by shippers 1 TO ADVERTISE, CALL JOE WONG AT 9620 1327 ft ft tit Ur. Can they find your services
      139 words
    • 11 26 TO ADVERTISE IN The Business Times Shipping Times CALL JOE WONG
      11 words

  • SINGAPORE STOCKS
    • 3315 27 Transaction date: Jan 29 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote 11 6.6 AEM --AAT C'vr 159.5 98.5 AIMSAMPIReit 158 unch 461 158 156.5
      3,315 words
    • 233 28 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol ('000) Day High Last Quote Low Buyer Seller Div Gr Yld C'vr y Net M Cap P/E Smil 21 15
      233 words
    • 7717 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund Cl A!** 1.4/ Aberdeen Asset Mgt Asia Limited 1.13/ Asian Local Ccy SD Bond American Opp Asian local Ccy SD Bond 0.8016/ EM Local Ccy Bond Asian Smaller Cos!” 1.9152/ Global Emerging
      7,717 words
    • 262 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A41.5 +1.5 9 41.5 41 36.5 40.5 3.6 8.4 3.3 108.1 43.5 30 Genting HK US$ US43 +1.5 ***** 43 41 42.5 43 2831.3
      262 words
    • 914 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 117.5 -0.5 4 117.5 117.5 117.5 119 536.4 135.9 120.4 CIMB APAC Div 100S$D 135.8 135.5 136.5 111.7 95.8 CIMB
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  • FINANCE & COMMODITIES
    • 623 29 Jan 29 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.01 *****.63 *****.01 Mar13 *****.00 *****.00 *****.00 *****.00 *****7 *****6 Jun13 *****.00 222 2832 MSCI TAIWAN INDEX FUTURES SPOT 277.13 280.46 277.13 Jan13 278.00 281.00 277.40 280.50 *****9 *****9 Feb13 277.90 281.00 277.50 280.50
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    • 373 29 In local curr In S$ In US$ dy yr dy yr dy yr Jan 28 Index Change Change Change Change Change Change World Preliminary 989.6 0.0 5.5 0.3 6.4 -0.1 4.9 EAFE Preliminary 818.9 0.0 5.7 0.2 6.0 -0.2 4.5 Europe Preliminary 1215.4 0.1 5.9
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    • 102 29 As on 28 January 2013 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1659.50 1651.50 1653.00 INDIA GOLD (E-GOLD) FUT FEB2013 563.95 561.00 562.40 INDIA GOLD (E-GOLD) FUT APR2013 568.90 566.00 572.50 CURRENCY EUR-USD FUT MAR2013 1.3470 1.3430 1.3453 BASE METAL COPPER FUT MAR2013
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    • 107 29 Jan 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1447.75 1441.00 1452.50 1434.75 May 13 1433.50 1426.00 1436.25 1419.75 Jul 13 1422.75 1417.75 1426.75 1411.25 Aug 13 1395.75 1391.00 1399.00 1386.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13 51.89
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    • 70 29 CRUDE OIL PRODUCTS Jan 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.33 0.14 WTI (Near Mth) 96.45 0.42 Dubai (1-Mth F) 108.24 -0.72 Tapis blend 119.34 -0.66 Minas 115.44 -0.66 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.50 -0.06 Jet Kerosene 128.49 -1.01 US$/barrel OpecOil Basket
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    • 23 29 Jan 29 S$ S$ Bid Offer 1-month 1.2359 1.2364 2-months 1.2359 1.2364 3-months 1.2359 1.2364 6-months 1.2358 1.2363 Source: OCBC
      23 words
    • 69 29 Jan 28 Aluminium. 99.756 purity (USi/liuiiM Close Previous C.ISh M13.M 2011.00 UK>i||hx josn.on ?o/j6 m Copper, Grade A ioSS'iumwl Cash sori.n im.n J mcioUrBOSO.QO >2030.00 lend milKiimo Cash 2365.50 2365,25 3 months 2376.00 3355.00 Nklal (l.lSS(iunr®l Cash *****.00 *****,00 3 rntmlh;*****.CU *****00 Tin Cash *****,00 *****9,00 3 months.
      69 words
    • 79 29 Jan 28 COCOA (£/tonne) Close Prev High/Low Mar 13 1421 1417 1429/1417 May 13 1432 1427 1438/1428 Jul 13 1441 1437 1445/1437 Sep 13 1449 1446 1456/1446 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1990 1987 1995/1990 Mar 13 1942 1959 1964/1939 May 13 1962 1979 1984/1960 Jul 13 1977
      79 words
    • 965 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Ratio Asiatravel.com HoldingsW*****7 5.2 unch 97 1 25 18 Asiatravel.com HoldingsW*****5 5.3 unch 145 1 27 42 BakerTech W*****5 12.4 0.9 3147 1 27 5 3.02 29
      965 words
    • 470 29 Jan 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.051 6.508 0.778 8.113 56.130 101.837 0.948 11.322 3.215 1.249 102.108 42.585 1.292 9.520 0.968 30.899 31.178 0.665 1.046 Canada 0.951 6.191
      470 words
    • 71 29 Jan 29 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 12 mths SWAP Mid
      71 words
    • 136 29 Jan 29 GOLD(US$/oz) Jan 28 Jan 29 Hong Kong 1669.20 1670.00 Jan 29 Jan 25Jan 28 London 1661.99 1656.48 1663.21 1657.70 Source: Thomson Reuters CAST BAR Jan 29 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 149 66 5gm 422 331 10gm 754
      136 words
    • 90 29 Jan 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 21-Mar-13 0.24 6-Month BS*****X 13-Jun-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 99.9 5-Year N*****0Z 2.375 01-Apr-17 108.23
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    • 59 29 Jan 29 Jan 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 13 2380.0 2382.0 2410.0 2380.0 465 5551 Mar 13 2414.0 2412.0 2452.0 2414.0 3878 ***** Apr 13 2448.0 2445.0 2484.0 2446.0 ***** ***** May 13
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    • 154 29 Jan 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2918 1.2929 1.0453 1.0458 Canadian dollar 1.2290 1.2297 0.9946 0.9945 Euro 1.6604 1.6615 1.3436 1.3439 NZ dollar 1.0340 1.0347 0.8367 0.8369 Sterling pound 1.9414 1.9427 1.5710 1.5714
      154 words
    • 121 29 As at 9am Jan 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.319 1.257 Can dollar 1.257 1.198 Euro 1.703 1.622 Sterling pound 1.979 1.903 NZ dollar 1.065 1.005 US dollar 1.262 1.202 Local dollars to 100 units of foreign
      121 words
    • 159 29 Jan 29 Jan 29 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 0.80
      159 words

  • executive Money
    • 1144 30  -  The central bank’s move spells yet another fillip of support for Asian markets, given that it is not alone in pumping it up globally, writes WELLIAN WIRANTO writesWELLIAN writesWELLIAN WIRANTO The writer is Asia investment strategist at Barclays JAPAN has been in
      Source: Bloomberg, Barclays; PHOTO: REUTERS  -  1,144 words
    • 1070 30 January’s sterling showing unlikely to be maintained throughout the year Reuters [LONDON] Only four weeks into the new year, ebullient world stock markets have clocked up gains of more than 4 per cent so already there are murmurs about whether it’s too
      Reuters; PHOTO: AFP  -  1,070 words
    • 1062 31  -  Getting back into stocks is a smart way to outrun inflation, writes KRISTINA HOOPER writes KRISTINA HOOPER Kristina Hooper, CFP, CIMA, is head of investment and client strategies for Allianz Global Investors Distributors LLC. She has a BA from Wellesley College, a JD from Pace
      PHOTO: AFP  -  1,062 words

  • Page 31 Advertisements
    • 278 31 TOPICS SPEAKERS STPROPERTY SEMINAR mb PROPERTY INVESTMENT STRATEGY FOR YEAR OF THE SNAKE n VENUE <1 tv i 1 L i a STProperty.sg SEARCH NOW With the government's latest cooling measures, the Eurozone crisis, the US fiscal cliff and the low global interest rate; how will this affect YOU and
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  • 1214 32  -  The global environment continues to pose challenges going forward. In this three-part weekly series, Citi's experts offer their views on the outlook for 2013, given current economic and market developments. This final feature explores the direction global currencies may take in the
    1,214 words
  • Page 32 Advertisements
    • 175 32 Citigold Private Client 4 k Y s V it' ‘iATi Opportunities. Which do you choose? Our Citigold Private Clients have access to research and advisory for that additional edge that lets them harness opportunities globally. Recognition, access, and the most exclusive of privileges are what our clients enjoy wherever they
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