The Business Times, 30 October 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$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Wednesday, October 30, 2013
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  • Article, Illustration
    Lock icon Higher wages, costs and consumer prices ahead
    964 1  -  MAS sees inflation picking up in next few quarters before easing towards end-2014 By KELLY TAY kellytay@sph.com.sg [SINGAPORE] As overall wage growth continues to strengthen above Singapore’s historical average of 3.3 per cent, businesses here should brace themselves for intensifying cost pressures amid
    Source: Monetary Authority of Singapore (MAS)  -  964 words
  • Article
    Lock icon Brokers raise shields with Sky One falling
    805 1  -  ,6» ANGELA TAN, KENNETH LIM angelat@sph.com.sg kenlim@sph.com.sg [SINGAPORE] Sky One Holdings’ collapse on Monday prompted a number of brokers to update their lists of restricted stocks this week, raising questions about why the Singapore Exchange (SGX) did not impose trading curbs as it
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,208.82 (+0.97) GST INDEX FUTURES 3,209.00 (+2.00) GSIMSCI 369.37 (+0.65) GSIMSCI FUTURES 370.30 (+1.30) US$ S$ US$ (S$ per US$) 1.239 (US$/S$ per 1.609 1.994 EURO (US$/S$/€ 1.378 1.707 Foreign currency per US$ S$ YEN 97.50 78.70 RM 3.143 2.537 HK$ 7.753 6.258 BAHT 31.06 25.07 RUPIAH
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    • Article
      Lock icon MARKETS
      49 1 Tuesday Change KL COMP 1,815.65 -2.74 NIKKEI 225 14,325.98 -70.06 HANG SENG 22,846.54 +39.96 SET INDEX 1,455.86 +6.24 JAKARTA COMP 4,562.77 -27.77 MANILA COMP 6,543.46 +3.65 SEOUL COMP 2,051.76 +3.62 SHENZHEN B 825.22 -12.22 MUMBAI IND 20,929.01 +358.73 12 noon EDT Change DOW 15,623.64 +54.71 NASDAQ 3,940.02 -0.11
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    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE 5.38 MALAYSIA HONG KONG HONG KONG 5.00 TAIWAN 14.637 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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      Lock icon Page 1 Advertisements Column 1
      100 1 HOCK LOCK SIEW Clarifying SGX’s clarification PAGE 7 EXEC MONEY Alternative funds are too complex for many PAGE 30 LAND TRANSPORT New Lexus ES as chauffeur-driven sedan PAGE 22 STRAIT TALK Mixed week for fight against piracy PAGE 20 8"*****1"*****4 Deutsche Bank db.com Only a strong bank can shape change.
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  • TOP STORIES
    • Article, Illustration
      Lock icon Advanced economies have bigger impact on S’pore
      870 2  -  MAS: Emerging Asia slowdown unlikely to negate benefit of developed nations’ recovery By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Singapore remains more exposed to the advanced economies than to emerging Asia, said the Monetary Authority of Singapore (MAS) in its Macroeconomic Review October 2013
      Source: Consensus Economics Inc and EPG, MAS estimates; Source: OECD-WTO TiVA Database; Source: UN Comtrade and EPG, MAS estimates; Source: WTO and EPG, MAS estimates  -  870 words
    • Article
      Lock icon S’pore well-placed to capitalise on demands of an affluent Asia
      529 2  -  B y SIOW LI SEN lisen@sph.com.sg [SINGAPORE] As Asia gets richer and demands more high-end consumer goods and modern services, Singapore is well positioned to capitalise on this trend, said the latest Macroeconomic Review of the Monetary Authority of Singapore.
      529 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      244 2 Higher wages, consumer prices in store AS overall wage growth continues to strengthen above Singapore’s historical average of 3.3 per cent, businesses here should brace themselves for intensifying cost pressures. FRONT PAGE Brokers raise shields with Sky One fall SKY One Holdings’ collapse prompted a number of brokers
      244 words
    • Article, Illustration
      Lock icon Weakness in PMET job market for locals seen to be dissipating
      261 2  -  By KELLY TAY By kellytay@sph.com.sg [SINGAPORE] Tertiary-edu-cated Singapore residents who have experienced a soft patch in hiring over the past year can look forward to better job opportunities, thanks to recent government curbs on foreign labour inflows. “Recent manpower
      Source: Monetary Authority of Singapore (MAS)  -  261 words
    • Article
      Lock icon Singapore still No. 1 in World Bank’s business-friendy list
      448 4  -  Its trading platform has been singled out as an example of global good practice By ANDREA SOH By sandrea@sph.com.sg [SINGAPORE] Singapore has once again taken pole position for being the most business-friendly country for the eighth year, ahead of Hong Kong
      448 words
    • Article, Illustration
      Lock icon Tharman on keeping joblessness down, pay up
      580 4  -  Vibrant economy, inclusive society, quality growth cited By CHUANG PECK MING peckming@sph.com.sg [SINGAPORE] A thriving and vibrant economy, quality growth and social policies that forge an inclusive society these are the three strategies Deputy Prime Minister Tharman Shanmugaratnam has mapped out to keep
      PHOTO: JOSEPH NAIR/ THE STRAITS TIMES  -  580 words
    • Article
      Lock icon Firms do better when CFOs work closely with supply chain chiefs: poll
      786 4  -  EY says pressure on margins is more intense, complexity has grown and the pace of change has continued to increase By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] Companies whose chief financial officers (CFOs) have a strong “business partnering” with supply
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    • Article, Illustration
      Lock icon Power futures trading will be done in a half-hour window
      577 4  -  By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Trading of electricity futures here will be done during a daily half-hour window, with the market operated by the Singapore Exchange and based on spot electricity prices provided by the Energy Market Company, the wholesale
      577 words
    • Article, Illustration
      Lock icon UK plans to launch Islamic sovereign bond
      467 4  -  £200m issue next year will be first by non-Islamic country By VIKRAM KHANNA By vikram@sph.com.sg [LONDON] The UK will launch the first Syari-ah-compliant sovereign bond issued by a non-Islam-ic country, British Prime Minister David Cameron said at the opening of the ninth World
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      513 2 Join us at Elliott Masie’s Learning Directions Interactive Seminar (Singapore Session) Elliott serves as an advisor to a wide range of government, education and non-profit groups. He is pro-bono advisor to the Department of Defense and on the White House Advisory Council on Expanding Learning Opportunities. Elliott is also known
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      107 3 FI NDI NG VOICES MONTHS OF GUIDANCE l r i < <4 m m WEEKS OF TOURING CREATING HARMONY s 1 v ’■V r fH EE in* ~1 til i inn L iini II—liana, One year can inspire a lifetime. The Rolex Mentor and Protege Arts Initiative gives promising young
      107 words
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  • COMPANY NEWS
    • Article
      Lock icon Less stellar Q3 seen for DBS, UOB
      685 5  -  Slower loan growth among reasons cited by analysts By JASMINE NG jasng@sph.com.sg AHEAD of the release of third-quarter financial results, analysts are expecting the earnings of DBS Group Holdings and United Overseas Bank (UOB) to have moderated from a stellar second quarter on
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    • Article
      Lock icon Great Eastern Q3 gain down by half
      515 5  -  By KENNETH LIM kenlim@sph.com.sg GREAT Eastern Holdings has reported growth in its core insurance business although the absence of yearago one-time gains dragged its third-quarter bottomline net profit down by 54 per cent. Looking ahead, the insurer said that it was too early
      515 words
    • Article
      Lock icon Forterra Trust sinks into the red in Q3
      418 5  -  By LEE MEIXIAN leemx@sph.com.sg FORTERRA Trust sank to a net loss of $2.3 million for the third quarter ended Sept 30, 2013, from a $8.8 million net profit a year ago. The loss attributable to unit-holders translated to loss per unit of
      418 words
    • Article
      Lock icon Clarifying SGX’s clarification
      762 7  -  HOCK LOCK SIEW By R SIVANITHY sivan@sph.com.sg IN RESPONSE to the tumultuous events of the past three weeks involving the speculative trio of stocks Asiasons, Blumont and LionGold, the Singapore Exchange (SGX) last Friday issued a detailed clarification to correct what it believes are misconceptions about its
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    • Article, Illustration
      Lock icon Norwegian Cruise Line Q3 earnings up 33%
      452 7  -  EPS at $0.84, up from $0.72 last year, helped by improved ticket pricing By LEE MEIXIAN leemx@sph.com.sg EARNINGS of Genting Hong Kong’s Norwegian Cruise Line Holdings rose 33 per cent year-on-year to US$170.9 million for its third quarter ended Sept 30, 2013. Earnings
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    • Article
      Lock icon Yanlord buys site on Nanjing Eco-Island
      268 8  -  By ONG CHOR HAO ongch@sph.com.sg CHINESE developer Yanlord Land Group has paid 2.88 billion yuan (S$586 million) for a site in Nanjing with a gross floor area (GFA) of 38.6 ha, which it plans to develop as a mixed-use project. In a non-mandatory regulatory
      268 words
    • Article, Illustration
      Lock icon More solar means more investment: SP
      595 8  -  More infrastructure needed to handle two-way flow when supply rises in future By RONNIE LIM ronnie@sph.com.sg SINGAPORE Power (SP), which handles electricity and gas transmission and distribution here, will need to make a “significant investment” in additional infrastructure to handle a two-way power flow
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    • Article
      Lock icon Figtree Holdings seeks $12m in IPO share placement
      459 8  -  By JASMINE NG jasng@sph.com.sg FIGTREE Holdings has priced its initial public offering on the Catalist board at 22 cents per share in a $12 million fully placed share sale. Figtree, which designs and builds commercial and industrial facilities, will close its offer
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    • Article, Illustration
      Lock icon RTO: Albedo gets waiver on pro forma financial data
      352 8  -  By MINDY TAN tanmindy@sph.com.sg CATALIST-LISTED Albedo will not be required to disclose the pro forma financial information for its existing business and its target company, Reflections Oasis, after having received a waiver from Singapore Exchange. This is given that the operations
      FILE PHOTO  -  352 words
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      253 5 Forbes, USA, ranked our Global MBA 19 in the world Best B-schools (International) Rankings 2013 Forbes ranks business schools based on the return on investment (ROI) of their alumni. We owe our ranking to the remarkable performance of our graduates and to our outstanding faculty who helped us shape them
      253 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI flat as market treads water
      590 6  -  Lacklustre day sees a mere 1.9 billion units worth $870 million traded STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE local stock market yesterday entered a state of inertia, with activity in all segments dropping off sharply in low volume. “An absence of fresh leads”
      Source: Bloomberg  -  590 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Oct 29 VALUE CLOSE BT OB/OS 61.00 +122.00 BT CADI -*****.00 -61.00 BT 10-day MA -*****.00 +6.00 FTSE ST Mid Cap 744.67 +2.36 FTSE ST Small Cap 539.65 -0.96 FTSE ST All Share 779.81 +0.49 FTSE ST China Top 205.79 +0.09 FTSE ST China 233.32 +0.64 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      52 6 VOLUME Sky One 122,159,000 YHM 111,491,000 Blumont 111,217,000 Innopac 88,056,000 Sunmoon 75,100,000 Albedo 72,257,000 Digiland 64,061,000 LionGold 59,289,000 Cedar 51,752,000 Asiasons 44,055,000 VALUE($) OCBC Bk 54,491,940 SingTel 48,869,080 DBS Grp 45,024,360 UOB 41,185,370 Genting SP 26,324,640 CapitaLand 20,398,110 Keppel Corp 20,143,311 Ezra 18,368,685 Wilmar 16,045,240 China Env
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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 5 2 7 0 0 0 5 2 7 Manufacturing 39 67 43 3 9 11 42 76 54 Commerce 16 26 18 5 4 4 21 30 22 Tpt/Stor/Comms 18 13 10
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      965 6  -  Compiled by KENNETH LIM Sino Grandness Food Industry Oct 29 close: S$0.715 UOB Kay Hian Research, Oct 29 WE hosted Sino Grandness’s (SGF) VP of Investor Relations at a roadshow in Europe. Most clients were impressed by the company’s strong earnings track record and outlook, coupled with specific
      Source: Bloomberg  -  965 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 7,393 7,393 39,826 39,826 Manufacturing 249,047 95,181 344,228 114,513 2,813 117,326 Commerce 205,806 123,161 328,967 51,300 11,300 62,600 Tpt/Stor/Comms 108,434 123,575 232,009 118,940 10,868 129,808 Finance 115,229 583 115,812 161,690 228 161,918 Construction 67,727 118,688
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 6 Stock name Close Change CapMallsAsia 2.050 -0.010 CapitaLand 3.130 -0.030 CapitaMall 2.000 CityDev 10.48 +0.100 ComfortDelGro 1.910 DBS Grp 16.70 +0.080 GLP 3.050 -0.030 Genting SP 1.520 +0.010 Golden Agri 0.565 HK Land 6.270 +0.100 HPH Trust US$ 0.755 +0.005 JMH 54.50 -1.180 JSH 33.80 -0.450
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    • Article, Illustration
      Lock icon Dollar index extends gains; A$ talked down
      428 6 CURRENCIES Reuters [LONDON] The US dollar rose against a basket of currencies yesterday as investors, already persuaded that the Federal Reserve will keep policy ul-tra-loose in the near term, trimmed bets against it. The dollar index gained for a second day, rising 0.3
      Reuters; PHOTO: REUTERS  -  428 words
    • Article
      Lock icon RISES
      118 6 BY CENTS CLOSE UP DBXT iBoxxSing 5SG$ ***** 87.0 0.7 Lyxor Europe 10 US$ 1529 84.2 4.7 DBXT FTChina25 10US$ 2897 22.3 0.6 Great Eastern 1770 21.0 1.2 Lyxor MS India 10US$ 1300 14.9 0.9 Straits Trdg 378 13.0 3.6 HK Land 627 12.4 1.6 Lyxor China H 10US$
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    • Article
      Lock icon FALLS
      119 6 BY CENTS CLOSE DOWN JMH 5450 -146.2 -2.1 GLD 10US$ ***** -66.9 -0.4 DBXT MSEurope 10US$ 5816 -60.7 -0.8 JSH 3380 -55.8 -1.3 DBXT MSCHINA 10US$ 1221 -48.3 -3.1 DBXT FTVietnam 10US$ 2370 -44.6 -1.5 DBXT MSINDO 10us$ 1351 -21.1 -1.2 Jardine C&C 3621 -14.0 -0.4 CIMBAsean40 100US$ 1084
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      Lock icon Page 7 Advertisements Column 1
      242 7 MANCHESTER 1824 Manchester Business School A World of Opportunities Global perspective. Local insight. Invaluable experience A 30 months MBA programme that will change your life and transform your career Manchester Shanghai Dubai Miami Hong Kong Singapore Sao Paulo Manchester Global MBA Preview Study at Raffles Place for this top international
      242 words
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      139 7 Coal Asset for Takeover InvitingTpotential funds across the world for takeover of premium Coal Minning asset in Indonesia. Type of license: CCOW Area: 250 sq km JORC reserves; 200 million tons Gcv 5100-5600 adb, Low sulphur, Low ash Excellent logistics: only 34 KM to the existing jetty port Very low
      139 words
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      1083 8 i ValueMaxi GROUP ValueMax Group Limited (Incorporated in the Republic of Singapore on 7 August 2003) (Company Registration Number: *****7530N) Issue Manager, Underwriter and Placement Agent CANACCOREj Genuity CANACCORD GENUITY SINGAPORE PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****3620D) Invitation in respect of 138,000,000 New Shares
      1,083 words
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  • SINGAPORE NEWS
    • Article
      Lock icon MBS, union strike deal where wage bargaining isn’t the goal
      441 9  -  Aim, instead, is to boost welfare and well-being of up to 7,500 employees By CHUANG PECK MING peckming@sph.com.sg THE bulk of Marina Bay Sands’ 9,000-plus employees may join a union, but not for the reason workers traditonally do. The integrated
      441 words
    • Article, Illustration
      Lock icon Law minister unveils two big initiatives
      660 9  -  S’pore can be hub for int’l mediation dispute resolution By MICHELLE QUAH michquah@sph.com.sg LAW Minister K Shanmugam has unveiled two initiatives to enable Singapore to stand out as the premier destination for legal services and the resolution of disputes in Asia and the world.
      FILE PHOTO  -  660 words
    • Article, Illustration
      Lock icon Retailers’ productivity drive on right track: DPM
      394 9  -  Over 300 retail firms have gained from productivity, service upgrading projects By NISHA RAMCHANDANI nishar@sph.com.sg WHILE there is still room for improvement, the retail industry which has seen productivity growth of 3-4 per cent annually over the last three years is on the
      PHOTO: KWONGKC/LIANHE ZAOBAO  -  394 words
    • Article
      Lock icon 61 firms fined in Q3 for crane safety lapses
      261 9  -  By MALMINDERJIT SINGH msingh@sph.com.sg THE Ministry of Manpower (MOM) has taken action against 61 companies for crane safety lapses in the third quarter of this year, following inspections of 90 workplaces during that period. The inspections, part of an enforcement operation
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    • Article
      Lock icon Help for clean energy start-ups to set up shop
      378 9  -  By GRACE LEONG gleong@sph.com.sg SINGAPORE wants to attract more foreign companies with sustainable clean energy technologies to develop a presence here through its first Cleantech incubator. Through the incubator cum accelerator, the Sustainable Energy Association of Singapore (SEAS) in partnership with
      378 words
    • Article
      Lock icon Singapore’s mark of good design, quality
      465 9  -  SG Mark champions the use of holistic design practices By FELDA CHAY feldac@sph.com.sg SINGAPORE will have its own benchmark for good design and quality in the form of the Singapore Good Design Mark, or SG Mark, which was launched yesterday to champion the use
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  • FORWARD THINKERS
    • Article, Illustration
      Lock icon Scooting off to bigger plans
      1776 10  -  Scoot’s operations in Singapore remain its primary focus, but the airline does not rule out setting up an overseas base down the road By NISHA RAMCHANDANI nishar@sph.com.sg AYEAR and a half ago, Scoot had yet to even launch its inaugural flight. Since it first took
      FILE PHOTO  -  1,776 words
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      677 11 A n q 1 T A: a T 1 s A si A lJs fiii nnfi^ A mini Lmill imi V a.v t Q The a l'!» By next year. 41 percent of enterprises are projected to have substantially implemented cloud technology into their practices—up from 13 percent in 2011.
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Jakarta monorail builder sees on-time completion
      987 12  -  CEO cites strong backing from both national, provincial governments By JEFFREY HUTTON By in Jakarta THE chief executive officer of Jakarta’s recently revived US$1.6 billion monorail transit system says that strong political backing from the central government as well as the municipal government of
      PHOTO: AP  -  987 words
    • Article, Illustration
      Lock icon Ex-MRCB chairman loses appeal, told to pay RM10m balance
      771 12  -  B)’ S JAYASANKARAN in Kuala Lumpur A BUSINESSMAN has lost his appeal against having to pay RM10 million (S$3.94 million) for shares in a private company he had bought, in a court case that has offered a glimpse into the financial
      771 words
    • Article
      Lock icon KL sees RM32b in GST for 2016
      274 12 [KUALA LUMPUR] The Malaysian government is expected to collect RM23.1 billion (S$9.1 billion) in goods and services tax (GST) from April to December 2015 and RM32 billion in the whole of 2016. Treasury secretary-general Mohd Irwan Serigar Abdullah said if the government were
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      1361 12 m WAT3 NOTICES NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Advanced Systems Automation Limited (the "Company”) will be held at Block 25 Kallang Avenue #06-01 Kallang Basin Industrial Estate Singapore *****6, on 15 November 2013 at 11.00 a.m., for the purpose of considering and, if thought fit,
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon RBI raises rate, warns inflation will remain high
      680 13 The central bank also rolls back a measure adopted in July to bolster rupee Reuters [MUMBAI] India’s central bank yesterday raised interest rates for the second time in as many months, warning that inflation is likely to remain elevated despite sluggish growth,
      Reuters; PHOTO: REUTERS  -  680 words
    • Article, Illustration
      Lock icon China names two Xinjiang suspects in relation to Tiananmen crash
      489 13 AFP [BEIJING] Chinese police have named two suspects from the restive Xinjiang region after a car crash on B e i j i n g s Ti ananmen Square killed five people, state-run media said yesterday, as analysts said the
      AFP; PHOTO: REUTERS  -  489 words
    • Article
      Lock icon US to slap fine on Infosys: report
      256 13 AFP [WASHINGTON] The US government plans to punish Indian outsourcing giant Infosys Ltd with the largest immigration fine ever for seeking visas fraudulently for workers at big clients in America, the Wall Street Journal reported yesterday. Infosys is accused of putting workers on
      AFP  -  256 words
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      172 13 ■i A ri L/ iJ t X Satisfy your palate with the delicately crafted Fine Cuts menu at Equinox Restaurant. Featuring some of the world's finest beef and artisan products including Angus beef, Iberico pork and Canadian organic chicken, the menu also offers a large selection of appetising house-made sauces,
      172 words
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  • WORLD
    • Article, Illustration
      Lock icon White House to do ‘better’ over spying
      799 14 Information will be collected ‘not just because we can, but because we should’ AFP [WASHINGTON] The United States says it must better weigh the risks and rewards of its spying activities, as Europe fulminates over reports that it eavesdropped on German Chancellor Angela
      AFP; PHOTO: REUTERS  -  799 words
    • Article
      Lock icon Spain turning around, says Eurogroup leader
      193 14 AFP [MADRID] Spain is on the path to recovery after a two-year battle against recession but it must deepen labour market reforms, Eurogroup president Jeroen Dijsselbloem has said. “The measures taken have not been easy and the job is not yet done. But all
      AFP  -  193 words
    • Article
      Lock icon StanChart’s profit growth hit by Korea woes, falling currencies
      366 14 Q3 revenue down by a low single-digit percentage from a year earlier Reuters [HONG KONG] Asia-focused Standard Chartered plc said its operating profit grew at a low single-digit rate so far this year, with the third quarter hammered by the poor
      Reuters  -  366 words
    • Article, Illustration
      Lock icon Goldman tells investment bankers to take it easy
      477 14 Predictable hours, better environment to fight poaching Bloomberg [NEW YORK] Goldman Sachs Group, this year’s top merger adviser, is discouraging investment banking analysts from working weekends as it overhauls demands placed on en-try-level employees and the support they receive. Goldman Sachs developed
      Bloomberg; PHOTOS: AFP, BLOOMBERG  -  477 words
    • Article
      Lock icon Portugal goes after tax evasion, parallel economy
      316 14 Bloomberg [LISBON] Portugal’s government is stepping up its fight against tax evasion, investing in new technology and almost doubling the number of tax inspectors even as it tries to cut costs with state workers. Paulo Nuncio, secretary of state for fiscal affairs, is
      Bloomberg  -  316 words
    • Article, Illustration
      Lock icon Abe to rein in vested interests in planned special zones
      635 15 The zones are key to premier’s regulatory reforms, says working group head Bloomberg [TOKYO] Japanese Prime Minister Shinzo Abe’s reforms may be aided by excluding the agriculture, trade and welfare ministries from oversight of special economic zones, according to the
      Bloomberg  -  635 words
    • Article
      Lock icon Growth in Asia exports still sluggish
      565 15 Q3 rise of just 0.8% fans fears of falling competitiveness Reu ters HONG KONG A s i a s once-reliable export engine remains stalled two years into a global economic recovery, raising concerns about the region’s competitiveness and its ability to motor through the
      Reuters  -  565 words
    • Article
      Lock icon Executive pay rise tops inflation in Europe
      229 15 Bloomberg [EDINGBURGH] Total compensation for senior executives at Europe’s largest companies rose more than twice as fast as inflation last year, helped by cash bonuses and long-term performance plans, according to a report yesterday. Pay rose 6.9 per cent last year compared with
      Bloomberg  -  229 words
    • Article
      Lock icon IMF not impressed by Japan’s positive data
      619 16  -  Unemployment drop not leading to wage rise, they point out By ANTHONY ROWLEY in Tokyo OFFICIALS of the International Monetary Fund (IMF) took a generally cautious view of Japan’s economic prospects under Abenomics when they met in Tokyo yesterday, despite a series of
      619 words
    • Article
      Lock icon Cost of clean-up hits Deutsche, UBS, Lloyds
      764 16 Reuters Bloomberg [ZURICH] Three of Europe’s biggest banks suffered third quarter hits yesterday as the relentless rise in the cost of an industry clean-up after a string of scandals shows no signs of abating. Shares in Deutsche Bank and Lloyds Banking Group fell
      Reuters; Bloomberg  -  764 words
    • Article
      Lock icon Retail sales dip 0.1% in Sept; wholesale inflation muted
      279 16 LATEST US DATA AP AFP [WASHINGTON] US retail sales fell 0.1 per cent last month, the Commerce Department reported yesterday, driven mainly by a fall in auto sales. The department said that retail and food services sales totalled US$425.9 billion last
      AP; AFP  -  279 words
    • Article, Illustration
      Lock icon Nokia incurs Q3 loss as handsets sales plunge
      401 16 AP [HELSINKI] Nokia reported yesterday a third-quarter net loss as sales at the handsets unit it is selling to Microsoft continued to plunge. However, the network business, which will constitute the bulk of operations going forward, did well, causing shares in the
      AP; PHOTO: REUTERS  -  401 words
    • Article
      Lock icon Apple posts Q4 profit of US$7.5b on iPhone sales
      426 16 It has sold 34m iPhones; iPad sales inch up to 14.1m AFP [SAN FRANCISCO] Apple on Monday reported a quarterly profit of US$7.5 billion on the back of soaring iPhone sales. The US tech giant closed out its fiscal year with
      AFP  -  426 words
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      555 14 A historic collaboration between Malaysia and Singapore, DUO Residences will be the first integrated development together with 5-Stars hotel, grade A offices and retail services. VIP PREVIEW 2,3 4 Nov (By Appointment) Emily Aung 1 Msmad Rising above all in a new iconic 50-storey residential tower in the heart of
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  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      31 14 >/v/V JACKPOT Estimated Draw on Thu, 31 Oct 2013 at 6.30pm For details, visit www.singaporepools.com.sg Ip Y(i> Always play with care. |responsibiyf Do not bet illegally. RGB Reg No: *****0202G POOLS
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      993 15 SUBSCRIBE NOW! 8.8 Gross Floor Area VIVA INDUSTRIAL TRUST 7c o 2.4 Distribution Yield (Projection Year 2014) A SQ FT HIGHEST PROPORTION OF BUSINESS PARK ASSETS AMONG LISTED INDUSTRIAL S-REITS Viva Industrial Trust ("VIT") is a stapled group comprising Viva Industrial Real Estate Investment Trust ("VI-REIT") and Viva Industrial Business
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      53 16 16 18 July 2014 Marina Bay Sands, Singapore ASIA www.OfficExpoAsia.com Be involved. Exhibit with Us. Email: OEA@bizlink.com.sg Tel: (65) 6848 5938 for ns Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF Blk 8 Lorong Bakar Batu, #07-07 Singapore *****3 Tel: (65) 6848 5938 Fax: (65) 6848 4182 Email:
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      33 16 omy.sg WWW. m m m < I °A n c >5‘ <> 1 iir 0:^0 T\ctets 6\MeB\N^ 0 IIVJIJMU v r* > AJ# Irow v VrV ft. IriWJTI riTTri liliil'filili SMlH SfftS jtr+LL i:i rjMli •>TiTO»
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      216 17 Read On. Move On. Visit us at CONSUMER ELECTRONICS EXHIBITION 2013 WHEN; 31 Oct-3 Nov 2013 12nn 9pm WHERE: Suntec Singapore HALLS 601-605 BOOTH #6528 First 1,000 subscribers get upgraded to the 64GB Microsoft Surface RT! Get news on the move with The Straits Times All-in-One PLUS EXCLUSIVELY FOR NEW
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  • EDITORIAL & OPINION
    • Article
      Lock icon GST – A laudable step taken by Najib
      522 18 GST A laudable step taken by Najib EDITORIAL AFTER years of debate on its feasibility, Malaysia has finally opted for a broad-based goods and services tax (GST) at a relatively high level of 6 per cent. Given that the country has one of Asia’s highest debt-to-GDP (gross domestic product) ratios
      522 words
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      Lock icon China can’t expect quick recovery of Asean trust
      702 18  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 AFTER years of troubled relations with the countries of South-east Asia, China has launched a campaign to enhance its relationship with Asean through
      702 words
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      Lock icon Shaping a joint strategy to combat cybercrime
      937 18  -  Seoul action plan on cyber issues is expected to become the basis for future agreements By SUH CHUNG-HA The writer is Ambassador of the Republic of Korea to Singapore SINCE William Gibson coined the term “cyberspace” three decades ago, cyberspace has evolved into
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      Lock icon Cutting health care’s Gordian Knot
      1140 19  -  A holistic approach will curtail spiralling healthcare spending and yet deliver better outcomes and quality of care By FARHANA NAKHOODA The writer is healthcare and life sciences executive, public sector, growth markets at IBM Around the world, and in Singapore, systems that individuals rely upon
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      Lock icon When all the spin won’t save China
      878 19  -  WILLIAM PESEK The writer is a Bloomberg View columnist Bloomberg Bloomberg IF imitation really is the greatest form of flattery, Shinzo Abe should be thrilled that the Chinese are copying his “Abenomics” strategy to excite investors. The rest of the world shouldn’t be.
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    • LETTERS TO THE EDITOR
      • Article
        Lock icon CPFIS investors can go for ETFs: SGX
        260 19 IN her letter “CPFIS members should invest prudently” (BT, Oct 23), Irene Kang of the Central Provident Fund Board (CPF) raises valid points on the suitability of well-diversified funds as an investment product for CPF members. Low cost and diversification in investments are
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      • Article
        Lock icon Time to curtail CPF Investment Scheme
        592 19 THE main aim of the Central Provident Fund (CPF) is to ensure that members have enough money for their retirement needs, as we do not have a comprehensive social security net like in other, more developed countries. Besides investing in shares and other financial
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      103 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • Transport HUB
    • Article, Illustration
      Lock icon Mixed week for fight against piracy
      1067 20  -  While Hollywood celebrated a 2009 victory, top officers of an offshore supply vessel were taken hostage off West Africa STRAIT TALK By DAVID HUGHES THERE was irony aplenty last week as the latest Tom Hanks film began to be rolled out worldwide. Captain Phillips
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    • Article
      Lock icon DP World container volume up 2%
      180 20 Reu ters [DUBAI] DP World, the world’s third-largest port operator, yesterday reported a 2.0 per cent rise to 6.7 million TEU (twenty-foot equivalent units) in consolidated container volumes for the third quarter, on a like-for-like basis. The company, one of the more profitable assets
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      Lock icon Blazes at cruise liners spur calls for scrutiny
      888 20 But operators say bigger ships have more fire safety gear, and contend they are safer NYT [NEW YORK] One of the largest cruise ships in 1985 was the 46,000-tonne Carnival Holiday. Ten years ago, the biggest, the Queen Mary 2, was three
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    • Article
      Lock icon TRANSPORT STOCKS
      240 20 SGX '000 Oct 29 S$ +/-Vol Ch Offshore 0.44 unch 213 Chuan Hup Hldg 0.29 -0.01 408 '000 Cwt Limited S$ Ezra Hldgs 1.29 0.04 ***** First Ship Lea 0.09 unch 865 Freight Links 0.11 unch 7319 Grand Banks Jaya Hold Ltd Chuan Hup Hldg K1Ventures 0.21 unch
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    • TRANSPORT HUB: AVIATION
      • Article, Illustration
        Lock icon Number of LCC seats in Asia jumps 28.7% in H1
        438 21  -  Growth driven mainly by budget carriers in Indonesia, India, Thailand, M’sia By NISHA RAMCHANDANI nishar@sph.com.sg EMERGING markets in Asia are fuelling capacity growth in the global low-cost carrier (LCC) segment, with the number of LCC seats in Asia jumping nearly
        ST FILE PHOTO  -  438 words
      • Article
        Lock icon AMR-US Airways merger case goes to mediator
        463 21 Bloomberg [DALLAS] American Airlines, US Airways Group and the US Justice Department agreed to go to a mediator to possibly resolve the government’s lawsuit seeking to block the proposed merger of the airlines. Both sides said in a filing on Monday in federal
        Bloomberg  -  463 words
      • Article
        Lock icon A balloon ride to the stratosphere in great comfort
        487 21 NYT [NEW YORK] And now, a high-altitude adventure for the leisure class, people who do not want to be jostled as they sip champagne and gaze down at earth’s curved blue surface. A new space tourism company named World View yesterday
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        Lock icon Ryanair changes image as demand weakens
        729 21 NYT [LONDON] Charging 60 euros for carry-on bags deemed too large to go in the cabin. Assessing a penalty of 70 euros for not checking in online. Bombarding passengers who take a 615 am plane with in-flight announcements hawking everything from snacks to lottery
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    • TRANSPORT HUB: LAND
      • Article, Illustration
        Lock icon The new Lexus ES as a chauffeur-driven sedan
        552 22  -  It marks return of front-wheel-driven model; buyers drawn to spacious interior By SAMUEL EE samuelee@sph.com.sg THE mid-sized Lexus ES sedan with its longer wheelbase could be carving out a new niche for itself as a chauffeur-driven model. “Many of those who have
        552 words
      • Article
        Lock icon Model S in flames after crash but driver is unhurt
        387 22 Bloomberg [LOS ANGELES] Tesla Motors Inc, the top-selling maker of premium electric cars, said a customer was unhurt in a crash and fire this month in Mexico in which a Model S struck a concrete barrier. The accident happened on
        Bloomberg  -  387 words
      • Article
        Lock icon Carmakers in Vietnam to contend with imports
        887 22 Lifting of duties likely to hit locally produced vehicles Bloomberg [HO CHI MINH CITY] After almost two decades of waiting for Vietnamese consumers to become rich enough to afford cars, manufacturers including Toyota Motor Corp and Ford Motor Co will have to contend
        Bloomberg  -  887 words
      • Article
        Lock icon Toyota Camry loses US magazine recommendation
        714 22 Reuters [DETROIT] Toyota Motor Corp’s reputation for quality took a hit on Monday when influential magazine Consumer Reports pulled its recommendation on three of the Japanese automaker’s vehicles, including its popular flagship Camry sedan, due to poor crash test results. While Toyota’s luxury Lexus
        Reuters  -  714 words
    • Article
      Lock icon SHIPPING TIMES
      2418 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
      2,418 words
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      44 20 k .4 t m 1 I H t If r c AVAILABLE OH iPAD android II BOATING A SUBSIDIARY OF SPH MAGAZINES PTE LTD j Btu Inc Media (HK) Ltd. Tel: *****65 2800 Fax: 852 2868 1799 www.bluincmedia.com Enquiry: queries@bluincmedia.com Subscribe at sub@bluincmedia.com www.asia-pacificboating.com
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      18 20 SINGAPORE’S HIT MUSIC STATION 1 -STOP HU MUSIC WITH JJ WEEKDAYS10AM-4PM ,HOT fM 91.3 D facebook.com/hotfmsg @hotfmsg www.hotfm.sg
      18 words
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      137 21 Now On! 31 Oct 3 Nov 2013 SUNTEC Singapore, Level 6 (Halls 601, 602, 603, 604, 605) 12pm 9pm DAILY FREE ADMISSION www.ceeshow.sg/about Hot deals for mobile, broadband and tv services from M1, MyRepublic, SingTel, StarHub and ViewQwest as well as I.T. products from key players. SPIN YOUR WAY to
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  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      361 21 CRYPTIC CROSSWORD Across 1 Cleaning clothes with this used to be hard, however spun (7) 5 Where one finds meat, yet that’s expensive in France (7) 9 Bird, flapping, rose to top of redwood (7) 10 A stone thrown to catch king in act of this? (7) 11 Arrogant male
      361 words
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      32 22 The latest jobs,hot off the grill. If you’re thinking of making a career change, check out the latest job opportunities career insights in CATS Recruit. Now available on the CATS Classified App
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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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      17 23 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE The Business Times Shipping Times
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      73 24 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II THE OFFSHORE OIL GAS SPECIAL SUPPLEMENT IS NOW NLINE If you missed our recent superb editorial and industry highlights in The Business Times, log on to http://events.stclassified.sg/bt-offshoreoilandgas/ to
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      19 24 USE THIS SPACE TO SELL CALL JOE WO IMG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3154 25 Transaction date: Oct 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 Last Vol Day Last Quote 11.5 7 AEM --AAT M Cap 188 106 AIMSAMPIReit 156.5cd -1.5 129 158 156 156
      3,154 words
    • Article
      Lock icon SGX CATALIST
      222 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 25
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    • Article
      Lock icon UNIT TRUST & FUNDS
      11375 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.49/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond f M local Ccy Bond 0 9326/ European Opportunities!" 1.2879/ Global Emerging Markets 1 Global Opportunities/* 1 9115/ .0 9983/
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    • Article
      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 $mil 61 27 AVJennings A57 -1 11 57 56 57 59 3.6 6.1 4.6 211 52 31 Genting HK US$ US46.5 unch 2860 46.5 45.5 46 46.5 3061.8
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    • Article
      Lock icon SGX ETF
      902 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 $mil 125 107.1 ABF SG Bond ETF 114.5 5 114.5 114.5 114 114.5 522.7 143 125 CIMB APAC Div 100S$D 130 129.3 130.2 114.4 99.2 CIMB APAC
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      577 27 Oct 29 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.72 *****.96 *****.59 Dec13 *****.00 *****.00 *****.00 *****.00 *****2 *****9 Mar14 *****.00 *****.00 *****.00 *****.00 3 329 MSCI TAIWAN INDEX FUTURES SPOT 297.10 297.87 295.64 Oct13 296.90 298.50 295.60 297.40 *****8 *****1 Nov13 296.60
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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 Oct 28 Index Change Change Change Change Change Change World Preliminary 1140.5 0.3 21.6 0.3 22.0 0.2 20.4 EAFE Preliminary 929.4 0.4 20.0 0.4 19.5 0.2 17.9 Europe Preliminary 1332.0 -0.1 16.1
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 27 Oct 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.993 5.792 0.690 7.374 58.477 105.554 0.928 10.090 2.989 1.151 101.393 41.033 1.178 9.382 0.852 28.025 29.538 0.591 0.951 Canada 1.007 5.834
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    • Article
      Lock icon SIBOR
      38 27 Oct 29 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 27 Oct 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****V 02-May-14 0.28 1-Year BY*****T 31-Oct-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.9 5-Year N*****0T 0.5 01-Apr-18 99.13 99.20 99.14 10-Year NX*****H
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    • Article
      Lock icon PRECIOUS METALS
      137 27 Oct 29 GOLD(US$/oz) Oct 29 Oct 28 Hong Kong 1353.00 1357.00 Oct 28 Oct 25 London 1353.21 1346.27 1353.98 1347.10 Source: Thomson Reuters CAST BAR Oct 29 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 122 54 5gm 345 270 10gm 617 540
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    • Article
      Lock icon PALM OIL
      57 27 Oct 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 13 2480.0 2527.0 2529.0 2480.0 153 3323 Dec 13 2467.0 2507.0 2513.0 2466.0 5318 ***** Jan 14 2457.0 2498.0 2503.0 2454.0 ***** ***** Feb 14 2454.0 2495.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 27 Oct 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1781 1.1786 0.9510 0.9513 Canadian dollar 1.1864 1.1871 0.9582 0.9577 Euro 1.7066 1.7068 1.3776 1.3777 NZ dollar 1.0234 1.0237 0.8261 0.8263 Sterling pound 1.9936 1.9940 1.6093 1.6095
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Oct 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.206 1.149 Can dollar 1.207 1.161 Euro 1.746 1.663 Sterling pound 2.030 1.952 NZ dollar 1.049 1.009 US dollar 1.263 1.203 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      154 27 Oct 29 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 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 BONDS, WARRANTS & EXTENDED SETTLEMENT
      1163 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 Conv Asia-Pacific Strategic W*****6 Exer Price Prem Allied Technologies W*****1 0.5 1 4 1 Ascendas Reit MB ECW*****3 2.9 0.2 240 5 Asiatic Grp(Hldgs) Ltd W*****5 Gear- Mths
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    • Article
      Lock icon CHICAGO BOT
      109 27 Oct 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1271.25 1300.00 1301.25 1270.25 Jan 14 1268.00 1293.50 1294.25 1267.00 Mar 14 1250.75 1272.00 1271.50 1249.75 May 14 1237.00 1255.50 1255.50 1236.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
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    • Article
      Lock icon LIFFE
      95 27 Oct 28 COCOA (£/tonne) Close Prev High Low Dec 13 1701 1720 1719 1698 Mar 14 1701 1718 1715 1698 May 14 1698 1712 1708 1694 Jul 14 1696 1710 1700 1692 COFFEE(US$/tonne) Close Prev High Low Nov 13 1499 1559 1556 1485 Jan 14 1500 1538 1540 1483
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Oct 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.68 2.08 WTI (Near Mth) 98.72 0.80 Dubai (1-Mth F) 105.09 0.67 Tapis blend 113.95 0.74 Minas 106.15 0.74 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.75 unch Jet Kerosene 120.90 unch US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Oct 29 S$ Bid Offer 1-month 1.2388 1.2389 2-months 1.2387 1.2388 3-months 1.2387 1.2388 6-months 1.2383 1.2385 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 27 Oct-28 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1849.50 1836.50 3 months 1895.00 1881.00 Copper, Grade A(US$/tonne) Cash 7182.50 7178.75 3 months 7190.00 7185.00 Lead(US$/tonne) Cash 2193.50 2186.00 3 months 2213.00 2205.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
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      111 29 II I want an insurance plan that protects my family from life's surprises." That's where we can help! With over 140 years of experience in protecting our customers against the unexpected, we ensure your family is safe in our hands by providing you with life insurance plans tailored to your
      111 words
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  • executive Money
    • Article
      Lock icon A product that is complex for many
      1216 30  -  Alternative funds may be intriguing, but advisers urge caution, as it is hard to distinguish the skilled money managers from the lucky ones By TARA SIEGEL BERNARD NYT THE sales pitches go something like this: A mutual fund that promises to zig when
      NYT  -  1,216 words
    • Article, Illustration
      Lock icon What efficient markets are all about
      1673 28  -  Eugene Fama, the not-so-predictable king of predictable markets, expounds his views after winning the Nobel Prize in economics By JEFF SOMMER NYT Eugene f Fama, 74, is one of the winners of this year’s Nobel Memorial Prize in Economic Science, along with Lars Peter
      NYT; PHOTO: AFP  -  1,673 words
    • Article, Illustration
      Lock icon Why big money is chasing Silicon Valley tech startups
      1077 29  -  It’s either eager investors are overvaluing them or enthusiasm is once again getting ahead of reality in tech industry By NICK BILTON NYT P INTEREST is a kind of Internet message board where people post their favourite images of clothing or
      NYT; PHOTO: BLOOMBERG  -  1,077 words
  • Page 30 Advertisements
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      124 30 gold deal LAUNCH PREVIEW Size Curre ncy USD 1315-35 85 1314 3 5 1315 TEST-DRIVE OUR TRADING PLATFORM When you're short on time, every second counts. That's why we give you access to our award-winning CFD trading platform, without signing up. Browse thousands of global markets, plus view live prices,
      124 words