The Business Times, 4 September 2013

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Wednesday, eptember 4, 2013
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  • Article, Illustration
    Lock icon Recovery on track despite mild PMI blip
    623 1  -  By TEH SHI NING tshining@sph.com.sg [SINGAPORE] The Republic’s manufacturing sector bucked the regional trend again last month negatively this time but economists also read signs of improving external demand in the latest purchasing managers’ index (PMI) report. After several months of outperforming its
    Source: SIPMM  -  623 words
  • Article, Illustration
    Lock icon Microsoft ‘Elops’ with Nokia’s handset business
    970 1  -  Nokia CEO returns to mothership Microsoft after mega deal for Finnish firm’s phone business By AMIT ROY CHOUDHURY amit@sph.com.sg [SINGAPORE] The global smartphone industry just got more interesting with Microsoft picking up its target and getting back its man. It is buying Finnish giant
    BLOOMBERG FILE PHOTO  -  970 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,054.78 (-0.94) HST INDEX FUTURES 3,054.00 (-1.00) HSIMSCI 348.00 (-0.33) HSIMSCI FUTURES 346.70 (-0.90) US$ S$ US$ (S$ per US$) 1.276 (US$/S$ per 1.557 1.986 EURO (US$/S$/€ 1.317 1.681 Foreign currency per US$ S$ YEN 99.60 78.10 RM 3.285 2.575 HK$ 7.755 6.080 BAHT 32.09 25.15 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Tuesday Change KL COMP 1,724.21 +6.65 NIKKEI 225 13,978.44 +405.52 HANG SENG 22,394.58 +219.24 SET INDEX 1,315.41 -8.29 JAKARTA COMP 4,164.01 +62.78 MANILA COMP 6,083.91 +22.11 SEOUL COMP 1,933.74 +8.93 SHENZHEN B 813.24 +5.11 MUMBAI IND 18,234.66 -651.47 12noon EDT Change DOW 14,829.08 +18.77 NASDAQ 3,614.02 +24.15
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.344 KOREA 5.036 BRITAIN 1.475 KOREA 9.33 BRITAIN 0.50 Source: Bloomberg
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      70 1 COMPANIES Minzhong complements business: Indofood PAGE 5 TRANSPORT HUB Move over, Sonata PAGE 22 EXEC MONEY Worst almost over for Asian emerging markets: Nomura PAGE 30 MASTER PLAN S’pore may dig deeper to grow bigger PAGE 9 Escalating rents are hurting margins, say mall tenants. Can mall owners and tenants
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      2 1 *****1 *****4
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      171 1 Deutsche Bank db.com By invitation Women in Asian Business Conference The Power of Authenticity September 17, 2013, Marina Bay Sands Featured speakers In conversation with -'re-? jk.- v SJoanna Barsh McKinsey Company Director Emeritus and President, The Centered Leadership Project Datuk Yvonne Chia Former Group Managing Director and Chief Executive,
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  • TOP STORIES
    • Article
      Lock icon Panel formed to make aid to SMEs more effective
      683 2  -  Led by Minister of State Teo Ser Luck, it includes MPs, business leaders By FELDA CHAY By feldac@sph.com.sg [SINGAPORE] A new gov-ernment-led workgroup, comprising ministries, government agencies, members of parliament and business leaders, has been formed to help small and medium-sized
      683 words
    • Article, Illustration
      Lock icon Court quashes Thomson View sale
      689 2  -  By GRACE LEONG gleong@sph.com.sg [SINGAPORE] A proposed $590 million collective sale of Thomson View Condominium is scuppered after the High Court found that its marketing agent’s offer of more than $548,000 in incentive payments to four owners to get a requisite 80 per cent majority
      FILE PHOTO  -  689 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      328 2 Microsoft ‘Elops’ with Nokia’s handset business THE global smartphone industry just got more interesting with Microsoft buying Nokia’s phone business for 5.44 billion euros. FRONT PAGE Recovery on track despite mild PMI blip THE Republic’s manufacturing sector bucked the regional trend again in August negatively this time but
      328 words
    • Article
      Lock icon Malaysia markets buoyed by news of fuel price hikes
      605 2  -  By S JAYASANKARAN in Kuala Lumpur THE Star newspaper, reporting the government’s move to raise both petrol and diesel prices by 20 sen a litre, headlined it “Groans all around”. Opposition political parties joined in the chorus to slam the move.
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    • Article, Illustration
      Lock icon Xtron lent money to Hanafi although it needed funds
      843 4  -  Witness testifies that company managing Sun Ho’s career was a ‘shell’ CITY HARVEST CHURCH CASE By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] The convoluted financing arrangements City Harvest Church (CHC), entered into under an alleged round-tripping scheme, had another layer added to it
      Source: Prosecution’s opening statement  -  843 words
    • Article
      Lock icon OECD sees sluggish growth in short term
      598 4  -  Advancedeconomies’ pick-up can’t make up for slump in EMs By ANTHONY ROWLEY in Tokyo THE slowing of emerging markets (EMs) in Asia and elsewhere triggered partly by expectations of a “tapering” of monetary easing in the US points to sluggish short-term growth prospects
      598 words
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      423 3 DBS TREASURES Q PRIVATE CLIENT ■u Investment expertise steeped in Asian insights. Lifestyle privileges served with Asian hospitality. Experience the best of both worlds with DBS Treasures Private Client. Start your wealth journey with us and receive S$2 f 500 in ION Orchard shopping vouchers* To find out more, scan
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      234 4 Visit www.fb.com/comexITshow THE BIGGEST I.T, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE 5 8 SEPT (THURSDAY TO SUNDAY) SINGAPORE EXPO HALLS 5 6 12 NOON 9 PM DAILY FREE ADMISSION S$20,000 CASH in online Lucky Draw (FOR EVERY S$100 spent, you get 1 chance to win) Here ‘s how you can
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      166 4 FEMALE SEPTEMBER OUT NOW Singapore's leading agazlne www. lematemag SEPT 2013 ARTY BUNG STEAMPUNK GRAPHIC J JJ rj FALL’S KEY MAKEUP CAT EYES, RED LIPS, MONOSHADOW _u_ INSTANT CHIC FRENCH ICONS SHOW HOW THE THREE SHAMPOOS WE REMIT i NEED ue ARTY FALLS MAKEUP Be the first 100 to present
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Indofood: Minzhong complements business
      732 5  -  It says acquisition of controlling interest in China firm will be mutually beneficial By CAI HAOXIANG haoxiang@sph.com.sg PT Indofood Sukses Makmur, the Indonesian food giant that on Monday made a $439.5 million bid for the remaining China Minzhong shares it does not own, has outlined the
      PHOTO: BLOOMBERG  -  732 words
    • Article, Illustration
      Lock icon LionGold roping in China contractor for gold projects
      354 5  -  By ANDREA SOH sandrea@sph.com.sg LIONGOLD has signed a memorandum of understanding (MOU) with a subsidiary of Chinese stateowned China National Materials Group Corporation (Sinoma), which it says will enable it to fast-track its production of gold. As the first step in the
      ST FILE PHOTO  -  354 words
    • Article, Illustration
      Lock icon Acma buying 30% stake in Russia’s Avanguard 500
      523 7  -  US$3m price to be paid through issue of new Acma shares By R SIVANITHY sivan@sph.com.sg ACMA Ltd is buying into a Russian private engineering company with strong political connections, in a deal which could enable it to regain a strategic foothold in
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    • Article
      Lock icon Short-selling: forewarned is forearmed
      817 7  -  HOCK LOCK SIEW By R SIVANITHY sivan@sph.com.sg LIKE Olam International and Muddy Waters (MW) last November, the ongoing short-selling attack on China Minzhong Food (CMF) by Glaucus Research raises many interesting issues that companies, shareholders and regulators should be aware of and prepared for when the
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    • Article
      Lock icon Interra to acquire rights to oil field
      453 8  -  It will buy Indonesian firm BBP which holds the rights for US$78.5m By ANDREA SOH sandrea@sph.com.sg IN A move that would increase its reserves by 80 per cent, oil and gas exploration and production firm Interra is acquiring an Indonesian company for US$78.5
      453 words
    • Article
      Lock icon Sinwa hives off some non-core business
      435 8  -  Firm to concentrate on marine supply and logistics By MALMINDERJIT SINGH msingh@sph.com.sg MAINBOARD-LISTED Sinwa Limited has divested some of its chartering and engineering business to help turn it around from a loss-making year. It will now focus on its core marine supply and logistics
      435 words
    • Article, Illustration
      Lock icon Citi’s Family Day event raises 52,500 bowls of rice
      179 8 SOME 1,600 Citi Singapore employees and their families built more than 750 sandcastles to raise 52,500 bowls of rice for needy families last Saturday, which was also the bank’s Family Day. For every sandcastle built on Tanjong Beach at Sentosa, Citi
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    • Article
      Lock icon GLP J-Reit to acquire 9 properties; sales in line with GLP’s capital recycling move
      330 8  -  By MINDY TAN tanmindy@sph.com.sg GLP J-Reit is poised to acquire nine properties from GLP Japan Income Partners I and Global Logistic Properties (GLP). In the first deal, GLP Japan Income Partners I will sell seven properties
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    • COMPANY BRIEFS
      • Article
        Lock icon 4th China XLX plant to start trial production
        68 8 CHINA XLX Fertiliser said its fourth production plant is expected to start trial production this month. The annual production output of the fourth production plant is estimated at 450,000 tonnes of synthetic ammonia and 800,000 tonnes of urea. With the completion of
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      • Article
        Lock icon Two S-chips placed on SGX watch-list
        50 8 AFTER reporting three consecutive years of losses, two firms China Kunda Technology Holdings and China Hongcheng Holdings –have been placed on the Singapore Exchange’s watch-list from today. Both need to meet the requirements as per the Listing Manual within two years, or face delisting.
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Quiet session after Wall St break
      583 6  -  ST Index edges down as low-priced stocks dominate amid low market turnover STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE closure of Wall Street on Monday for Labour Day made for a largely directionless session for the local stock market yesterday, with the Straits Times
      Source: Bloomberg  -  583 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Sep 3 VALUE CLOSE BT OB/OS -376.00 +360.00 BT CADI -*****.00 +76.00 BT 10-day MA -*****.00 -38.00 FTSE ST Mid Cap 745.34 +4.89 FTSE ST Small Cap 537.12 +1.62 FTSE ST All Share 751.57 +0.85 FTSE ST China Top 192.12 +0.33 FTSE ST China 222.90 +0.77 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      52 6 VOLUME Albedo 507,938,000 EMS Ener 380,978,000 HanKore 366,424,000 Rowsley 204,439,000 YHM 155,269,000 Informatics 146,337,000 Amplefield 129,088,000 Oakwell Engg 120,232,000 WE Hldgs 97,207,000 IPCO Intl 85,458,000 VALUE($) Rowsley 116,500,795 ChinaMinzhong 74,310,120 SingTel 58,639,210 DBS Grp 57,211,430 UOB 43,573,370 GLP 36,206,380 CapMallsAsia 32,362,835 OCBC Bk 31,664,130 UPP 29,179,330 Albedo
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 6 1 0 0 0 8 6 1 Manufacturing 53 37 44 11 9 6 64 46 50 Commerce 26 16 16 5 6 3 31 22 19 Tpt/Stor/Comms 13 18 6
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 62,072 62,072 56,117 56,117 Manufacturing 594,757 194,034 788,791 228,927 8,721 237,648 Commerce 233,128 790,790 1,023,918 76,496 46,439 122,935 Tpt/Stor/Comms 79,464 24,784 104,248 113,743 10,359 124,102 Finance 69,559 1,227 70,786 153,100 478 153,578 Construction 145,271 213,398
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    • Article
      Lock icon BROKERS’ TAKE
      986 6  -  Compiled by CAI HAOXIANG Asian Consumers DMG Partners Research, Sept 3 CONSUMER stocks under our coverage were dealt a double-blow by spiking earnings misses and rising interest rates, which eroded their average YTD gain to -1 per cent. With valuations near their historical highs and limited relief from
      986 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 6 Stock name Close Change CapMallsAsia 1.840 +0.055 CapitaLand 3.020 -0.020 CapitaMall 1.885 +0.005 CityDev 9.960 -0.080 ComfortDelGro 1.815 -0.015 DBS Grp 16.13 -0.050 GLP 2.810 +0.060 Genting SP 1.345 +0.010 Golden Agri 0.570 +0.010 HK Land 6.590 +0.150 HPH Trust US$ 0.725 -0.010 JMH 53.00 JSH
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    • Article, Illustration
      Lock icon Euro hits 1 1/2-month low against dollar
      485 6 Euro hits 1 1 /2-month low against dollar CURRENCIES Re uters [LONDON] The euro fell to a 11/2 month low against a firmer US dollar yesterday, weighed by expectations that the European Central Bank (ECB) will reiterate its pledge to keep interest rates low to support a nascent recovery. The
      Reuters; PHOTO: BLOOMBERG  -  485 words
    • Article
      Lock icon RISES
      111 6 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 133.9 0.6 DBXT FTChina25 10US$ 2825 89.3 2.5 DBXT MSTHAI 10US$ 1845 65.1 2.8 Lyxor MS India 10US$ 1103 48.5 3.6 STXPO 100 315 45.0 16.7 HK Land 659 19.1 2.3 DBXT CSI300 10US$ 736 16.6 1.8 SuperGroup 458 14.0
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    • Article
      Lock icon FALLS
      123 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 8177 -431.1 -4.0 JSH 3245 -59.9 -1.4 Jardine C&C 3375 -47.0 -1.4 Lyxor ThaiSET 10US$ ***** -38.3 -0.3 BMT 470 -20.0 -4.1 DBXT FTVietnam 10US$ 2170 -19.1 -0.7 IS MS India 100US$ 485 -15.3 -2.4 UOB 2020 -10.0 -0.5 NKY *****MBePW*****3 32.5
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      427 7 SINGAPORE HUMAN CAPITAL SUMMIT PEOPLE STRATEGIES FOR ASIA FUTURE-PROOFING YOUR ORGANISATION RESORTS WORLD SENTOSA, SINGAPORE 11 12 SEPT 2013 ft m yi 4 i r t Asia’s premier human capital and leadership conference Back for its sixth year, the 2013 Singapore Human Capital Summit will feature a world-class line-up of
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      566 8 Doing Business, The New Normal ARE U IN? A market upheaval is in progress and it is already challenging the way we traditionally do business. This breed of entrepreneurs called ‘technopreneurs’ are fast changing the business landscape, from crowd-funding to how they ‘disrupt’ the market and expeditiously grow their companies.
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      912 8 NOTICE TO ALL SHAREHOLDERS OF GUTHRIE GTS LIMITED from CIMB BANK BERHAD(*****-P) Singapore Branch (Incorporated in Malaysia) for and on behalf of UNITED SM HOLDINGS PTE. LTD. (Company Registration No.: *****5922M) (Incorporated in Singapore) VOLUNTARY UNCONDITIONAL CASH OFFER (“OFFER”) BY CIMB BANK BERHAD, SINGAPORE BRANCH (“CIMB”), FOR AND ON BEHALF
      912 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon PM Lee, Tharman attend two-day G-20 summit
      599 9  -  Syria not on agenda but chair Russia ready for question to be raised By LEE U-WEN in St Petersburg, Russia leeuwen@sph.com.sg FRESH from his week-long trip to China, Prime Minister Lee Hsien Loong’s busy travel schedule next takes him to Russia where he
      PHOTO: REUTERS  -  599 words
    • Article
      Lock icon EMA fines PowerGas $1.5m for supply disruption
      292 9  -  By NISHA RAMCHANDANI nishar@sph.com.sg THE Energy Market Authority (EMA) has slapped PowerGas with a $1.5 million penalty for an incident in April last year where a high pressure gas pipeline on Jurong Island was damaged, disrupting supply to several users. PowerGas, a unit
      292 words
    • Article, Illustration
      Lock icon A PERSONAL TOUCH
      126 9  -  By FELDA CHAY feldac@sph.com.sg CHIJ (Kellock) pupils wrote some 1,400 personalised messages to their less privileged peers whom they will be taking to the Universal Studios Singapore in Sentosa to celebrate Children’s Day on Oct 3. The cards will be placed in goodie packs and distributed to
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    • Article
      Lock icon $200m raised for needy students at 2 unis as LKY turns 90
      297 9  -  By CHUANG PECK MING peckming@sph.com.sg TO mark Singapore’s founding prime minister Lee Kuan Yew’s 90th birthday, the National University of Singapore (NUS) and the Singapore University of Technology and Design (SUTD) have raised more than $200 million to
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    • Article, Illustration
      Lock icon Govt mulls underground version of Master Plan
      448 9  -  Scope to make more use of such spaces, says Khaw By MINDY TAN tanmindy@sph.com.sg SINGAPORE may dig deeper to grow bigger, with the possibility of drawing up an underground equivalent of the Master Plan being mulled over. “Taking reference from other cities, there
      448 words
    • Article, Illustration
      Lock icon Havelock Rd hotel site triggered from Reserve List
      574 9  -  By MINDY TAN tanmindy@sph.com.sg A HOTEL site on Havelock Road has been triggered from the Government Land Sales’ Reserve List, after the Urban Redevelopment Authority (URA) received a commitment from a developer to bid at least $18.0 million for the plot. The
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Rupiah falls to lowest level since April 2009
      527 10 It dips below 11,000 per US dollar after govt reports record July trade deficit Reuters [SINGAPORE] Indonesia’s rupiah weakened past the psychologically important level of 11,000 per US dollar yesterday, for the first time in more than four years, as the market
      Reuters; PHOTO: AFP  -  527 words
    • Article, Illustration
      Lock icon MRT project to proceed as planned: Najib
      310 10 [PUTRAJAYA] The Malaysian government has yet to decide which projects to postpone but is maintaining that the Mass Rapid Transit (MRT) project will proceed as planned. Prime Minister Najib Razak said the government, in addressing the narrowing of the country’s current account surplus
      310 words
    • Article
      Lock icon DRB-Hicom set to unveil roadmap for Proton
      388 10 Turnaround plan has been presented to govt, says group MD [KUALA LUMPUR] DRB-Hicom Bhd will unveil the much-awaited roadmap for Proton Holdings Bhd soon, according to its chief. DRB-Hicom group managing director Mohd Khamil Jamil said the outline of the roadmap, which is
      388 words
    • Article
      Lock icon Malaysia targets palm oil firms to go green by 2014
      317 10 Reuters [KUALA LUMPUR] Malaysia will launch a green scheme for palm oil firms by 2014, a government official said yesterday, as the world’s No 2 producer looks to boost demand and counter criticism that its tropical oil supply harms the
      Reuters  -  317 words
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      138 10 Wine, Dine Hospitality Highlights you Like ike tars? Its hard to say ho when youue tasted Serenity s roasted suckliny piy (auailable in \(y, Ifz }y full portions). So crispy is the skin and so succulent and tender is the meat, you Wont want to leaue any part untouched. Similarly
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  • GREATER CHINA
    • Article
      Lock icon China’s services sector shows steady growth
      457 11 Non-manufacturing PMI dips slightly to 53.9 in August from July’s 54.1 Reuters [BEIJING] China’s services sector grew steadily in August as domestic demand picked up, official data showed yesterday, adding to signs that government measures have started to steer the world’s secondlargest economy out
      Reuters  -  457 words
    • Article, Illustration
      Lock icon Wison chairman ‘helping investigation’
      654 11 Reuters [HONG KONG] The chairman of a Chinese oil engineering firm is helping the authorities with an unspecified investigation, the company said yesterday, amid a widening corruption probe into PetroChina, one of its major customers. Hong Kong-listed Wison Engineering Services said chairman and controlling shareholder Hua
      Reuters; PHOTO: REUTERS  -  654 words
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      339 11 /ine Dine Hnsnitnlitv Hinhlinh <4 ;7 > 7 HALVISIIIS HAVIAR 16 September to 13 October 2013 il Cielo presents Italy's finest Malossol quality caviar, back by popular demand. Indulge in four premium varieties of caviar, alongside exquisite Italian signature dishes by Chef Omar Gabriele Bernardi. il riplrt Level 24 Hilton
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  • ECONOMY WATCH
    • Article
      Lock icon Key Aussie interest rate left at record-low 2.5%
      626 12 Housing shows signs of pick-up, currency slide eases pressure on the economy Bloomberg [SYDNEY] Australia’s central bank left its key interest rate unchanged on signs of a pick-up in housing and as a slide in the currency eases pressure on the economy
      Bloomberg  -  626 words
    • Article
      Lock icon Struggling small businesses in Russia eye exit
      737 12 Red tape, taxes and corruption among problems they face AP [MOSCOW] Dentist Sergei Emelyanov is being smothered in Russia’s red tape. Every day, Mr Emelyanov and his staff have to take time out from tending patients to fill out official log books on
      AP  -  737 words
    • Article
      Lock icon Spain ekes out 6th month of shorter job queues
      239 12 AFP [MADRID] Spain said yesterday it had eked out a sixth straight month of shrinking jobless queues in August when the number of people registered as unemployed dipped by just 31 people. The total number of registered unemployed 4.70 million in
      AFP  -  239 words
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  • WORLD
    • Article
      Lock icon Verizon buys Vodafone’s Wireless stake for US$130b
      492 13 US group now owns all of the mobile unit after buying the UK firm’s 45% share Reuters [LONDON] Verizon Communications has agreed to pay US$130 billion to buy Vodafone Group out of its US wireless business, signing history’s third largest corporate deal announcement
      Reuters  -  492 words
    • Article
      Lock icon Central Pattana plans 15b baht S-EA investment
      492 13 Reuters [BANGKOK] Thailand’s largest shopping mall developer, Central Pattana Pcl (CPN), said it plans to spend up to 15 billion baht (S$596 million) on its push outside its national borders as it targets high growth in spending among Southeast Asian consumers. CPN will
      Reuters  -  492 words
    • Article
      Lock icon Thailand extends rice-buying scheme
      267 13 Reuters [BANGKOK] The Thai government yesterday approved an extension of its rice-buying scheme that will slightly lower prices and quantities, but not by enough to prevent another mountain of the grain being delivered to state-run warehouses. The intervention, which would have expired in September, has seen
      Reuters  -  267 words
    • Article
      Lock icon Bank of America seeks US$1.5b to exit CCB
      460 14 New Basel rules prompt it to end 8-year investment in Construction Bank Bloomberg [NEW YORK] Bank of America Corp is seeking US$1.5 billion from the sale of China Construction Bank Corp shares as it ends an eight-year investment in the second-largest Chinese
      Bloomberg  -  460 words
    • Article, Illustration
      Lock icon S Africa gold strike will hurt economy
      350 14 Reuters [PRETORIA] A protracted strike in South Africa’s gold industry would harm Africa’s largest economy and the government is ready to intervene to bring parties together, the mining minister said yesterday. Gold miners were set to strike for higher pay from yesterday, after
      Reuters; PHOTO: REUTERS  -  350 words
    • Article
      Lock icon Vietnam controversial online law comes into force
      248 14 [HANOI] Vietnam has implemented a controversial law that bans online users from discussing current affairs. Known as Decree 72, the law forbids blogs and social websites to be used for sharing news articles. They can only be used to share personal information. The
      248 words
    • Article, Illustration
      Lock icon Tokyo pledges 47b yen for Fukushima clean-up
      769 15  -  Fallout from failure to cope with problem up to now continues to spread By ANTHONY ROWLEY in Tokyo AS Japan promised yesterday to spend 47 billion yen (S$602 million) to stem a massive build-up of radioactive water at the crippled Fukushima nuclear complex,
      PHOTO: BLOOMBERG  -  769 words
    • Article
      Lock icon G-20 leaders face many divisive issues at St Petersburg summit
      539 15  -  By ANTHONY ROWLEY in Tokyo THE Group of Twenty (G-20) summit of advanced and emerging economies will begin tomorrow in St Petersburg with political leaders from the member nations appearing to be poles apart on issues ranging from the Syrian
      539 words
    • Article
      Lock icon Factory output in August beats forecast
      277 15 LATEST US DATA Bloomberg [WASHINGTON] Manufacturing in the US expanded more than forecast in August to the fastest pace since June 2011, a sign that the sector will contribute more to the expansion in the second half of the year. The Institute for Supply
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      Lock icon Money market funds face EU curbs
      582 16 They’ll be required to hoard easy-to-sell assets, restrict excessive risk-taking Bloomberg [BRUSSELS] Banks and asset managers running money market funds face a regulatory push from the European Union (EU) amid warnings from lenders that the plans may kill off part of the US$4.7 trillion
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    • Article
      Lock icon Foreign share of Aussie govt debt off 3-year low
      392 16 Offshore holdings climbed to 69.1% as at end-June Bloomberg [SINGAPORE] Foreign ownership of Australian government securities rose last quarter from a three-year low, even as the nation’s currency plunged by the most in almost five years. Offshore holdings climbed to 69.1
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      Lock icon Citi sells US$6b of PE and hedge fund assets
      222 16 Reuters [BANGALORE] Citigroup Inc has sold more than US$6 billion in private equity and hedge fund assets in the past month to comply with new regulations that limit such investments, the Wall Street Journal reported, citing people familiar with the transactions.
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    • Article
      Lock icon Pay gap for US female doctors widens to more than US$50k
      324 16 Bloomberg [MINNEAPOLIS] Female physicians in the US continue to earn less than their male counterparts, with the pay gap widening during the past two decades to more than US$50,000 annually in 2010, researchers said. Women doctors had a median
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      54 13 h'-irl JACKPOT Estimated Draw on Thu, 5 Sep 2013 at 6.30pm For details, visit www.singaporepools.com.sg I PLAY® Always play with care, Do not bet illegally. RGB Reg No: *****0202G SINGAPORE POOLS Treat your crew to the world’s most exciting IN-FLIGHT ENTERTAINMENT THERE’S NOTHING LIKE AUSTRALIA FOR YOUR NEXT BUSINESS EVENT.
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      988 14 V‘ NOTICES sA CHINA HONGXING SPORTS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Hongxing Sports Limited (Company) will be held at Antica Ballroom, Level 2, Orchard Parade Hotel, 1 Tanglin Road, Singapore *****5
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      806 14 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TEE INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 15 August 2000) (Company Registration No: *****7107D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of TEE International Limited (“the Company”) will be held at York Hotel Singapore,
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      229 14 www.omy.sg M'e, Sun to EOF, is mi zreemei art K5 tommmmmm 3E3Hi3M o showbiz.omy.sg Download omy Apps b B E SB E E omy Showbiz iOSAppStore Google Play NOTICES In the matter of the Companies Act (Chapter 50) And In The Matter Of RGM Group Pte Ltd (In Liquidation) (Company
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      171 15 The Leading Global Finance Master Degree Program for working professionals Sts m am. w w K Master of Science in Global Finance A ground-breaking one-year, modular, executive-format master degree program jointly developed by the HKUST Business School and NYU Stern School of Business, the MSGF Program takes the latest insights
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      132 16 ARE YOU KISS92’S MATCH? Are you and your partner a dynamic, outgoing couple? Are you thinking about getting married and would love for someone else to foot the bill? m* YOUR DREAM WEDDING WORTH $50,000 Hff your r y/r /7/// WEDDING FROM KISS02 Wi $10. WEDDING Pfll WEDDING PARTY FOR
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      313 17 THE STRAITS TIMES WHEREVER YOU ARE TO3 r,< r i V r ii r _k 1 Li STAY INFORMED ON WHAT MATTERS MOST GRAB THESE FABULOUS GIFTS when you Subscribe to The Straits Times. Select a Plan and pick your gift! 3- Year Rian 2-Year Rian 3-Year Plan is exclusive
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  • EDITORIAL & OPINION
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      Lock icon India risks facing a full-blown crisis
      506 18 EDITORIAL ALTHOUGH many emerging economies are reeling from slowing growth, weakening currencies and a loss of investor confidence, few have been as seriously affected as India. India’s economic growth in the three months to June 2013 dropped to an annual rate of 4.4 per
      506 words
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      Lock icon From Deng to Xi, sweeping changes the norm
      788 18  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 A DAY after the end of the trial of fallen political star Bo Xilai on bribery and other charges, China’s communist party announced
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      Lock icon What Japan really needs to learn from the Nazis
      1096 18  -  Any attempt to amend the Constitution would trigger vast international opposition By KENNETH COURTIS The writer is managing partner of Starfort Investments, a former vice-chairman of Goldman Sachs Asia and a contributor to The Globalist, where this article first appeared JAPAN’S
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      Lock icon Short-sellers play a key market role too
      1246 19  -  Despite the China Minzhong saga, any attempt to ban short-selling remains misguided and does investors a disservice By MICHAEL DEE The writer is the former regional CEO of Morgan Stanley and senior managing director ofTemasek Holdings. He has no financial position in any
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      Lock icon Foreign investment for India’s growth is a need, not a want
      715 19  -  By GAGAN MALIK The writer is tax director, India Tax Desk, Ernst Young Solutions LLP ‘THERE are only three ways before us: FDI (foreign direct investment), FII (foreign institutional investment) or External Commercial Borrowing (ECB). India, at the present
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  • Transport HUB
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      Lock icon End ferry double standards
      563 20  -  Boost the safety of ferries in developing countries STRAIT TALK By DAVID HUGHES WHAT was the global shipping industry’s worst peacetime disaster? It happened 25 years ago but ought to be engraved in the industry’s collective memory. Sadly, not everybody reading this column will recall the
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      Lock icon Egypt steps up Suez Canal security
      357 20 WP [CAIRO] Egyptian authorities moved to bolster security along the Suez Canal after a foiled attack on a ship traversing the waterway that handles about 8 per cent of world trade spotlighted new threats confronting officials after Mohammed Morsi’s ouster. The failed Aug 31
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    • Article
      Lock icon Tanker rates the worst in more than a decade
      596 20 Bloomb erg [LONDON] China’s smallest oil imports from West Africa in at least two years are curbing demand for tankers on the second longest trade route, prolonging the worst rates in more than a decade for Frontline Ltd and other owners.
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      Lock icon TRANSPORT STOCKS
      241 20 SGX '000 Sep 3 S$ +/-Vol CH Offshore 0.41 0.01 20 Chuan Hup Hldg 0.27 -0.01 325 Cosco Corp 0.68 0.01 752 s$ Ezra Hldgs 0.85 -0.01 1026 First Ship Lea 0.08 unch 158 Freight Links 0.41 Grand Banks............unch unch 0 Jaya Hold Ltd Chuan Hup Hldg K1Ventures
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    • TRANSPORT HUB: AVIATION
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        Lock icon Airbus works to break Boeing’s Japan fortress
        896 21 Glitches with 787s provide opening but Boeing not giving up easily Reuters [TOKYO] Airbus appears to have been pushed back once again in landmark efforts to break Boeing Co’s grip on Japan’s two largest airlines, which need to buy billions of dollars worth
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        Lock icon New CFO, head of ops at Jetstar Asia
        450 21  -  It also announces seven more interline partners for this year B)’ NISHA RAMCHANDANI nishar@sph.com.sg BUDGET carrier Jetstar Asia has made two senior appointments to bolster the airline’s operations here. Gareth Rogers, a permanent resident since 2004, was appointed chief financial officer and
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        Lock icon UK urged to renegotiate aircraft carrier deals
        339 21 Reuters [LONDON] Britain should negotiate new contracts for two aircraft carriers and fighter jets to avoid the risk of budgets spiralling further out of control at taxpayers’ expense, lawmakers said yesterday. The project for the big- gest ships ever built for the Royal
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        Lock icon Grounded Kingfisher sues IAE for faulty jet engines
        299 21 Reu ters [NEW DELHI] A founder group company of grounded Indian carrier Kingfisher Airlines is seeking about US$236 million in damages from engine-maker International Aero Engines for allegedly supplying “inherently defective” engines, the airline said. United Breweries (Holdings) Ltd has filed a
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    • TRANSPORT HUB: LAND
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        Lock icon Move over Sonata, here comes new Hyundai baby
        506 22  -  ComfortDelGro rolls out 114 Hyundai i40 taxis, to add 268 more by year-end By SAMUEL EE samuelee@sph.com.sg A NEW generation of Hyundai taxis is starting to take over from the ubiquitous Sonata cabs in Singapore. The Hyundai i40 entered the taxi ranks
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        Lock icon Toyota expects to regain China sales momentum
        411 22 Reuters [BEIJING] Toyota Motor Corp is counting on a trio of significantly redesigned cars to help gain sales momentum in China and is on track to meet its goal to sell 900,000 vehicles in the country this year, a company spokesman said on
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      • Article
        Lock icon Fleet sales spell profits and recovery for Detroit Three
        784 22 Bloomberg [MICHIGAN] Sales of cars and trucks to fleets, a US$65 billion slice of annual US motor vehicle purchases, no longer has to be viewed as the naughty side of the industry. Few aspects of the vehicle market capture the changes
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      120 20 MEN’S HEALTH ;1 SPECIAL SINGAPORE'S NO. I MEN'S MAGAZINE 4-WEEK GYM-FREE PLAN MAXIMUM! MUSCLE am you msmm? JAKE THE CHALLENGE IS YOUR JOB KILLING YOU? Eat Well, Live Longer HAVEYOURSTEAK ANDEATITTOO! SINGAPORE m J P112 ANNIVERSARY TH BEASEXBRAINIAC SMARTTRICK5T0 IMPRESS HER IT’S OUR BIRTHDAY... BUT THE PRESENTS ARE YOURS! In
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      24 20 LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG FACEBOOK.COM/HOTFMSG I 3* HOTFMSG
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  • Page 21 Miscellaneous
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      349 21 CRYPTIC CROSSWORD Across 1 Present probably was oddly wide, outside paper being crumpled (7) 5 Made out tit, unfortunately, being swallowed by another bird (7) 9 Concerned with reaching last of reds, snooker player uses these to make recoveries (7) 10 Take out former lover, getting caught in Italian restaurant
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      106 22 This festive season, our favourite superhero returns Meet tfJmJCjRApr ■v* H ,-v ■i RAKESH ROSHAN FILM V €te; IK*H ROSHAN DIWALI 2013 H EROS INTERNATIONAL RELEASE HRITHIK ROSHAN at the international promotion of Krrish 3 Singapore INTERNATIONAL DEEPAVALI SHOPPING FESTIVAL 2013 18-22 September Singapore Expo Hall 5 B Handicrafts ft
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  • Article
    Lock icon SHIPPING TIMES
    2425 23 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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      43 23 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the 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 Shipping Times
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      18 23 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Dmes
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      1904 24 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times 12 The Business Times, Thursday, July 18, 2013 Calling for
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  • SINGAPORE STOCKS
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      Lock icon SGX MAINBOARD
      2912 25 Transaction date: Sep 3 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 8.8 3.1 A-Sonic --AAT Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld C'vr Net P/E
      2,912 words
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      Lock icon SGX CATALIST
      226 26 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 Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller C'vr P/E Smil unch
      226 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11045 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond EM local Ccy Bond .0 9005/ European Opportunities'* 1 2266/ Global Emerging
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      Lock icon GLOBALQUOTE
      258 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 58 27 AVJennings A53.5 +0.5 4 53.5 53.5 53.5 57.5 3.6 6.5 4.3 198.1 52 31 Genting HK US$ US40.5 unch 3725 41 40 40 40.5 2666.7
      258 words
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      Lock icon SGX ETF
      866 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 143 120.4 CIMB APAC Div 100S$D 129.1 132.2 133.1 114.4 99 CIMB APAC Div 100US$ US102.9 104 104.9 10.8 1510 1192 CIMBASEAN40 100S$D 1263 1267
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  • FINANCE & COMMODITIES
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      Lock icon SGX DERIVATIVES TRADING
      594 27 Sep 3 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.68 *****.44 *****.68 Sep13 *****.00 *****.00 *****.00 *****.00 *****0 *****9 Dec13 *****.00 *****.00 *****.00 *****.00 2834 ***** MSCI TAIWAN INDEX FUTURES SPOT 285.95 286.86 285.19 Sep13 284.80 286.30 284.30 285.50 ***** *****7 Oct13 284.50
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 2 Index Change Change Change Change Change Change World Preliminary 1065.1 0.6 13.5 0.4 15.5 0.6 10.7 EAFE Preliminary 877.0 1.4 13.2 1.2 11.9 1.4 7.3 Europe Preliminary 1259.2 1.6 9.8
      373 words
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      Lock icon INTERBANK CROSS RATES
      471 27 Sep 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.952 5.525 0.685 7.002 61.042 99.900 0.899 9.916 2.965 1.155 94.686 40.159 1.152 9.278 0.845 26.986 28.968 0.580 0.903 Canada 1.051 5.805
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    • Article
      Lock icon CHICAGO BOT
      109 27 Aug 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 13 1424.00 1430.00 1434.50 1414.25 Nov 13 1357.50 1368.50 1370.50 1346.00 Jan 14 1354.75 1364.75 1366.50 1343.50 Mar 14 1334.25 1338.75 1339.75 1319.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 13
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      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Sep 02 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.99 -0.96 WTI (Near Mth) 106.87 -0.83 Dubai (1-Mth F) 107.63 -2.25 Tapis blend 121.61 -1.02 Minas 113.21 -1.02 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.39 -0.22 Jet Kerosene 125.83 -2.09 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      22 27 Sep 3 S$ Bid Offer 1-month 1.2753 1.2758 2-months 1.2753 1.2757 3-months 1.2752 1.2756 6-months 1.2749 1.2753 Source: OCBC
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      Lock icon LONDON METALS
      66 27 Sep-02 Sep-02 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1781.50 1766.00 3 months 1829.00 1813.50 Copper, Grade A(US$/tonne) Cash 7214.50 7077.50 3 months 7238.00 7100.00 Lead(US$/tonne) Cash 2165.25 2145.50 3 months 2175.00 2152.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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      Lock icon SIBOR
      53 27 Sep 3 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 1 mth 2 mths 2 mths 0.***** 3 mths 9 mths 12 mths 9 mths
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      Lock icon INTERBANK CURRENCY RATES
      156 27 Sep 3 Sep Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1512 1.1522 0.9026 0.9031 Canadian dollar 1.2096 1.2103 0.9487 0.9484 Euro 1.6801 1.6810 1.3173 1.3176 NZ dollar 0.9970 0.9974 0.7817 0.7818 Sterling pound 1.9854 1.9862 1.5567
      156 words
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      Lock icon INTERBANK RATES
      154 27 Sep 3 $S Offer Bid 0vernight 0.01 -0.05 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 0.50 0.30 9 months 0.60 0.40 12
      154 words
    • Article
      Lock icon LIFFE
      95 27 Sep 2 COCOA (£/tonne) Close Prev High Low Sep 13 1622 1639 1628 1616 Dec 13 1619 1634 1640 1614 Mar 14 1604 1620 1622 1600 May 14 1605 1622 1620 1603 COFFEE(US$/tonne) Close Prev High Low Sep 13 1733 1749 1759 1734 Nov 13 1758 1779 1773 1757
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1139 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 0.0 5 -43 58 Asia-Pacific Strategic W*****6 Ratio Exer Price AlliedTech W*****2 Disc Ascendas Reit MB ECW*****3 3.2 0.2 240 6 Asiatravel.com HoldingsW*****7 0.2 1 25 10
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      Lock icon GOVERNMENT SECURITIES
      91 27 Sep 3 Sep TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.25 6-Month BS*****E 07-Mar-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 99.99 5-Year N*****0T 0.5 01-Apr-18
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    • Article
      Lock icon PRECIOUS METALS
      136 27 Sep 3 GOLD(US$/oz) Sep 02 Sep 03 Hong Kong 1401.00 1400.00 Aug 30 Sep 02 London 1397.18 1392.91 1398.08 1393.68 Source: Thomson Reuters CAST BAR Sep 03 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 128 57 5gm 364 285 10gm 651 570
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    • Article
      Lock icon PALM OIL
      57 27 Sep 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 13 2400.0 2420.0 2422.0 2400.0 71 1520 Oct 13 2433.0 2419.0 2433.0 2410.0 1320 ***** Nov 13 2430.0 2417.0 2432.0 2404.0 ***** ***** Dec 13 2430.0 2419.0
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Sep 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.174 1.119 Can dollar 1.229 1.182 Euro 1.718 1.637 Sterling pound 2.017 1.940 NZ dollar 1.020 0.981 US dollar 1.299 1.238 Local dollars to 100 units of foreign
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      161 28 The Search For Your IDEAL EMPLOYEE Ends Here With access to STJobs' growing database of close to 650,000 candidates, automated email alerts to suitable candidates and 30 days of online exposu for your company, it's much easier to seek out your ideal employee. D F U u C I F
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  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Is it or is it not a closed end fund?
      901 28  -  New rules to close a regulatory gap in the investment fund market have actually created confusion in the framework MONEY MATTERS By ERIC CHAN Director, Financial Services Regulation Drew Napier LLC THE regulatory gap in Singapore that had previously existed
      BLOOMBERG  -  901 words
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      Lock icon The crowdfunding way for renewable energy projects
      949 29 NYT [NEW YORK] Just after his sophomore year at Yale in 2002, Billy Parish stood before a rapidly retreating glacier in India that feeds the Ganges River, convinced that he had come face to face with climate change and that he had to
      NYT; PHOTO: REUTERS  -  949 words
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      Lock icon Activist investors gaining more clout in companies
      1060 29 They are influencing corporate strategies and generating healthy returns NYT Microsoft executives faced an unusual challenge in April when a US$12 billion hedge fund, ValueAct, announced that it had bought a nearly US$2 billion stake in the company with the intention of shaking
      NYT; PHOTO: REUTERS  -  1,060 words
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      Lock icon BT journalist joins Aggregate
      289 29 VETERAN journalist Teh Hooi Ling has joined boutique asset management firm Aggregate Asset Management as research head. In a statement yesterday, the firm, which manages an Asia-Pacific equities fund, said its “quant value” approach squares with the content of Ms Teh’s investment column Show Me The
      289 words
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      111 29 w ENDS THIS SATURDAY! 7th September 2013, 7.30pm BIGGEST SALE EVER UP TO 55% OFF on over 300 Labels of Fine Wines Bordeaux Haut-Brion, 1’Eglise Clinet, Lafile Rothschild, Latour, Le Pin, Margaux, Mouton Rothschild, Petrus, Trotanoy V N U M FINE WINES Burgundy Armand Rousseau, Coche-Dury, Comte liger-Belair, Comte de
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  • executive Money
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      Lock icon Worst is almost over for emerging markets
      900 30  -  Nomura also warns of significant challenges ahead for individual countries after investors withdraw cash By JONATHAN BURGOS JOYCE KOH Bloomberg THE worst is over for Asian emerging markets after investors pulled billions of dollars last month on concern the US Federal Reserve will
      Bloomberg; PHOTO: REUTERS  -  900 words
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      242 30 Phillip Futures TRADE PROFIT WIN! 1 Sep-30 Nov sk >Hsa^ 0ur 1. To register, call 6538 0500 or visit www.phillipfutures.com.sg/campaign/tradingchallenge 2. Trade and make the most profits 3. Win prizes totaling more than $25,000 Grand Prize $8888 >X>To^' s t°. n lomevs cus ne\N Second Prize $3888" Third Prize $2888"
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      Lock icon Page 30 Advertisements Column 2
      394 30 ON THE PROWL Activist investors gaining more clout in companies PAGE 29 Confidence. Where can an investor find it right now? Watch this month's Substance video and get our expert's opinion. Go to ubs.com/substance or call +65 *****772 m.s His? We will not rest UBS This material has no regard
      394 words