The Business Times, 31 January 2014

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Microfilm: NL32958
Total Pages: 36
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES www. usinesstimes.com.sg FRIDAY, JANUARY 31, 2014 S$1.00 MCI (P) 085/08/2013 Sfh A SINGAPORE PRESS HOLDINGS PUBLICATION
    19 words
  • Article
    Lock icon Japan leads regional market rout
    591 1  -  Further Fed tapering and weak China PMI data cited By Cai Haoxiang haoxiang@sph.com.sg Singapore AFTER a drop early this week, regional markets fell again yesterday on news that the US Federal Reserve is pushing on with plans to reduce its bond-buy-ing programme by US$10 billion
    591 words
  • Article, Illustration
    Lock icon Yeehaw: festive round-up of corporate horses
    1324 1  -  By Joyce Hooi joyceh@sph.com.sg Singapore HOW is this for a piece of incontrovertible logic? According to at least one fortunetelling expert, the Horse is the strongest Fire animal of the 12 zodiac signs. And since we now enter the Year of the Wooden Horse,
    BT Graphics: Joyce Hooi, Sarah Loyola; Source: Internet  -  1,324 words
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      188 1 the LIFESTYLE Open for CNY 32-34 ROAST MEAT A toast to tradition 11 CHARITY Wine auction raises $1m 39 EXECUTIVE SGX Market cap slips 7 The Business Times wishes its readers A Happy Chinese New Year. There will be no BT Weekend this week. Normal publication resumes on Monday, Feb
      188 words
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      Lock icon Page 1 Advertisements Column 2
      14 1 45Fed to stick with stimulus cut, Page 2 45China January PMI slips, Page 3
      14 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Fed to stick with stimulus reduction despite sell-off
      908 2 Money being pumped into recovery will be cut from Jan’s US$75b to US$65b in Feb WP Washington THE Federal Reserve on Wednesday said it will continue to scale back its support for the nation’s economy despite recent turmoil in global markets that
      WP; PHOTO: AFP  -  908 words
    • MARKETS
      • Article
        Lock icon STOCKS
        58 2 HSTI 3,027.22 (-20.71) HSTI FUTURES 3,026.00 (-22.00) HSIMSCI 344.74 (-2.73) HSIMSCI FUTURES 344.40 (-1.40) STOCKS Thursday Change KL COMP 1,804.03 +14.80 NIKKEI 225 15,007.06 -376.85 HANG SENG 22,035.42 -106.19 SET 1,265.49 -5.93 JAKARTA 4,418.76 +1.41 MANILA 6,041.19 -28.65 KOSPI Closed SHENZHEN B 850.11 +1.52 MUMBAI IND 20,412.03 -235.27 Wednesday’s
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.812 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.75 Source: Bloomberg
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      • Article
        Lock icon FOREX
        50 2 FOREX US$ S$ US$ (S$ per US$) 1.276 (US$/S$ per 1.654 2.111 EURO (US$/S$/€ 1.364 1.741 Foreign currency per US$ S$ YEN 102.50 80.30 RM 3.346 2.622 HK$ 7.766 6.084 BAHT 32.98 25.84 RUPIAH 12,228 9,580 RENMINBI 6.056 4.745 INDIAN RUPEE 62.65 49.09 A$ 1.145 0.897 NZ$ 1.224 0.959
        50 words
    • Article
      Lock icon Singapore bank lending growth slows in December
      492 3  -  Fed taper, property market softening seen as likely factors behind easing of business, consumer lending By Jamie Lee leejamie@sph.com.sg Singapore BANK lending in Singapore grew at a slower pace in December compared with the previous month, dragged by softer growth in both consumer
      492 words
    • Article, Illustration
      Lock icon China’s January PMI slips to six-month low of 49.5
      251 3 AFP Beijing CHINESE manufacturing contracted for the first time in six months in January, HSBC confirmed yesterday, raising questions over growth prospects for the world’s second largest economy this year. The British banking giant’s final reading of China’s purchasing managers’ index
      AFP; PHOTO: BLOOMBERG  -  251 words
    • Article
      Lock icon Manufacturing firms upbeat on H1 outlook
      458 3  -  But services sector less optimistic, sees tougher conditions By Jacquelyn Cheok jaccheok@sph.com.sg Singapore FIRMS in the manufacturing sector expect business conditions in Singapore to improve over the next six months, but those in the services sector are less upbeat, according to results of the
      458 words
    • Article, Illustration
      Lock icon Sing dollar to remain weak this year: Julius Baer
      599 5  -  Asia research head also expects property prices to slide 10% in next 12 months By Siow Li Sen lisen@sph.com.sg Singapore THE one-way bet on the Singapore dollar which had a pretty good run the previous five years is gone, and with
      Source: Oanda  -  599 words
    • Article, Illustration
      Lock icon Animal spirits
      774 5  -  The super-accurate, extremely awesome Year of the Horse predictions from the ancient annals of BT SOAPBOX Joyce Hooi joyceh@sph.com.sg Correspondent joyceh@sph.com.sg Rat AH, a year of contention for the Rat, who is the mortal enemy of the Horse. It is said that the Horse will die when it
      774 words
    • Article, Illustration
      Lock icon Singapore luxury watch market remains tough
      974 6  -  Total Swiss watch exports largely flat last year as consumers pull back By Chuang Peck Ming peckming@sph.com.sg Singapore THROUGH last year even during the Christmas shopping season local retailers of luxury watches moaned about poor sales. Many resorted to deep discounts to drum up
      974 words
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      43 2 CONTENTS NEWS Top Stories 2-6 Market cap 7 Companies 8-9 Singapore 10-11 Region 13-14 World 15-18 Aviation 19 EXECUTIVE LIFESTYLE Open for CNY 32-34 Shopping 35 Arts/Music 36-37 Shipping 20 Shipping Times 22-23 Perspective 24-25 Markets 26-30 Dining 38-39 Crosswords 39 Watches 40
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  • COMPANIES
    • Article
      Lock icon Total market cap slips again, hits 13-month low
      796 7  -  Despite rocky start, analysts are bullish for the rest of 2014 By Kenneth Lim kenlim@sph.com.sg Singapore THE total market value of Singa-pore-listed stocks slipped for the fourth straight month amid concerns about emerging Asia, but analysts remain upbeat for the year. Total
      796 words
    • Article
      Lock icon GRP raises $2.78m with placement to Daniel Teo
      264 7  -  By Felda Chay feldac@sph.com.sg Singapore GRP Ltd is placing 27.8 million new shares to real estate veteran and Hong How Group chairman Daniel Teo at 10 cents per share, to raise $2.78 million for new market expansion, business development plans and projects.
      264 words
    • Article
      Lock icon ICBC extends business to London
      413 7 NYT London THE Industrial and Commercial Bank of China (ICBC) agreed on Wednesday to buy a controlling interest in Standard Bank’s global markets business in London for US$765 million. The deal will make the bank, which is China’s largest, the first large Chinese lender to
      NYT  -  413 words
    • Article, Illustration
      Lock icon Market weighed down by China, EM concerns
      624 8  -  STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent IT hasn’t been a particularly auspicious start to the New Year for the local stock market, with prices tumbling on concerns over the health of emerging markets (EMs) as China slows and the US Federal Reserve continues
      624 words
    • Article
      Lock icon TOP GAINERS
      58 8 BY CENTS CLOSE UP GLD 10US$ ***** 122.3 0.8 Lyxor Indonesia10US$ 7425 99.4 1.1 DBXT S&P Short 10US$ 2693 28.0 0.8 UOB.ES.1402 2000 19.0 1.0 Petra 324 12.0 3.8 IS MS India 100S$D 750 11.0 1.5 JSH 3250 7.6 0.2 Straits Trdg 349 6.0 1.7 DBXT MSMSIA 10US$
      58 words
    • Article
      Lock icon TOP LOSERS
      68 8 BY CENTS CLOSEDOWN SPDR S&P500 10US$ ***** -736.3 -3.2 SPDR DJIA 10US$ ***** -277.7 -1.4 Lyxor US DJIA 10 US$ 1600 -91.7 -4.3 DBXT MSEurope 10US$ 5781 -61.1 -0.8 Jardine C&C 3500 -49.0 -1.4 DBXT MSINDO 10us$ 1165 -44.6 -2.9 Lyxor MS India 10US$ 1266 -43.3 -2.6 DBXT
      68 words
    • Article, Illustration
      Lock icon SGD bonds holding up as choppy market raises risk
      563 8  -  By Siow Li Sen lisen@sph.com.sg Singapore BONDS seem to be holding up relatively well in the recent market sell-off, as investors fall back on capital preservation. One month into the year, the Markit iBoxx SGD Corporates Index at 105.6271 is still
      Source: Bloomberg  -  563 words
    • Article
      Lock icon TOP 20 ACTIVES
      185 8 VOL CLOSE Transcu Grp 232,930 0.2 0.1 1 00.0 HanKore 99,775 1 1 0.1 0 9 Albedo 69,809 5.7 0.1 1 .8 KLW H l dgs 65,448 4 0.1 2 .4 S i ngHa i yi 64,846 2 0.0 0 0 Char i sma Energy 63,919 6.6
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    • Article
      Lock icon STI STOCKS
      112 8 Stock name Close Change CapMallsAsia 1.760 -0.035 CapitaLand 2.760 -0.040 CapitaMall 1.870 -0.010 CityDev 8.750 -0.250 ComfortDelGro 1.935 -0.025 DBS Grp 16.47 -0.050 GLP 2.810 -0.020 Genting SP 1.380 -0.030 Golden Agri 0.520 +0.005 HK Land 6.020 -0.050 HPH Trust US$ 0.665 JMH 53.58 -0.210 JSH 32.50 +0.060
      112 words
    • Article, Illustration
      Lock icon Nintendo plans US$1.2b share buyback
      841 9 Company hit by poor sales of its Wii U console, with competition from smartphones, tablets, PS4 and Xbox One WP Tokyo NINTENDO will spend as much as US$1.2 billion buying back shares after shoppers during the Christmas season shunned its Wii U console and games
      WP; PHOTO: BLOOMBERG  -  841 words
    • Business briefing
      • Article
        Lock icon Sino Construction buys 60% stake in M’sian firm
        90 9 SINO Construction Ltd has bought a 60 per cent stake in privately owned Malaysian construction company Elite Bay Sdn Bhd for RM300,000 (S$114,390). Sino Construction said the acquisition would enable it to leverage on Elite Bay’s presence in Malaysia to tender for
        90 words
      • Article
        Lock icon Armada’s losses widen to HK$13.35m in Q3
        84 9 THE Armada Group has extended its third-quarter losses to HK$13.35 million (S$2.2 million), from HK$8.18 million a year earlier. Revenue for the October-to-December period rose to HK$3.77 million from HK$2.36 million. For the nine months, attributable loss came in at HK$34.29 million, versus
        84 words
    • Article
      Lock icon SBI to start 92b rupee share sale
      292 9 Bloomberg Mumbai STATE Bank of India (SBI), the country’s largest lender, will start a share sale to raise more than 92 billion rupees (S$1.9 billion) to bolster its balance sheet, five people with knowledge of the matter said. The Mumbai-based bank is offering
      Bloomberg  -  292 words
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  • SINGAPORE
    • Article
      Lock icon Case complaints hit record high
      368 10  -  Grouses against motor industry led again last year as complaints rose 13.7% to almost 30,000 By Raphael Lim raphlim@sph.com.sg ALMOST 30,000 complaints were lodged with the Consumers Association of Singapore (Case) last year, a 13.7 per cent increase from the year before and the highest
      368 words
    • Article, Illustration
      Lock icon Strong festive demand for catering services
      492 10  -  By Raphael Lim raphlim@sph.com.sg DEMAND for catering services during the Chinese New Year period this year is strong, despite an almost 15 per cent increase in menu prices compared to last year. Caterers The Business Times spoke to reported as many bookings this year
      492 words
    • Article
      Lock icon Bunker fuel spillage after 2 collisions off Marina South and Jurong
      292 10 Xinhua Singapore THE Maritime and Port Authority of Singapore reported two separate incidents of ship collisions near the island of Singapore on Wednesday and yesterday respectively, both resulting in some spillage of bunker fuel from container ships. There was
      Xinhua  -  292 words
    • Article, Illustration
      Lock icon A toast to traditional roast
      947 11  -  Guan Chee’s method of charcoal roasting has stood the test of time By Sheena Tan tsheena@sph.com.sg SLEEP is one thing Terence Chi craves most during Chinese New Year. In the run-up to the festive period, the founder of Guan Chee Hong Kong Roasted Duck literally
      PHOTO: ARTHUR LEE  -  947 words
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  • WORLD
    • Article
      Lock icon Malaysia keeps rates unchanged at 3%
      505 12  -  Central bank upbeat on the global recovery, concedes inflation to rise on domestic factors By S Jayasankaran in Kuala Lumpur MALAYSIA’S central bank declined to follow its peers in other emerging markets and left the policy rate unchanged at 3 per cent at its
      505 words
    • Article, Illustration
      Lock icon Chinese women catch up with shopping
      653 12 Bloomberg Shanghai LISA Yan is the new face of the Chinese luxury consumer: female and fashion-for-ward. The 26-year-old finance saleswoman checks social media daily to see what celebrities or friends are wearing. She wears Burberry coats, alternates between a light blue Valentino bag and
      Bloomberg; PHOTO: REUTERS  -  653 words
    • Article
      Lock icon Nomura’s Q3 profit more than doubles
      268 12 Bloomberg Tokyo NOMURA Holdings Inc, Japan’s largest securities firm, posted third-quarter profit that more than doubled as a stock-market rally boosted brokerage commissions and trading income. Net income climbed to 48.3 billion yen (S$602 million) for the three months ended Dec 31 from 20.1
      Bloomberg  -  268 words
    • Article, Illustration
      Lock icon Motorola acquisition gives Lenovo hold on smartphones
      699 13 Google agrees to sell Motorola to Chinese tech giant for US$2.91 billion AFP Washington GOOGLE agreed to sell Motorola to Chinese tech giant Lenovo for US$2.91 billion, after a lacklustre two-year effort to turn around the smartphone maker that it bought for US$12.5
      AFP; PHOTO: REUTERS  -  699 words
    • Article
      Lock icon More distressed China trusts seen
      192 13 Bloomberg Hong Kong CHINA may experience more distressed trusts this year as economic growth slows, after investors in a three billion yuan (S$632.3 million) product that faced default were bailed out, according to Standard Poor’s. “We believe more trust products could come under distress this
      Bloomberg  -  192 words
    • Article
      Lock icon Indonesia’s fight against graft faces hurdles
      847 14  -  Political interference, clashes with police make the country’s ability to tackle corruption doubtful: KPK deputy chief By Jeff Hutton Jakarta A TOP official of Indonesia’s anti-corruption body has said that political meddling and highprofile clashes with the police have cast doubt on the country’s
      847 words
    • Article
      Lock icon Indonesia Islamic bank IPOs fail to take off
      721 14 Bloomberg Jakarta SHARES of Indonesia’s first listed Islamic bank have fallen 9 per cent in two weeks and initial public offerings (IPOs) by two competitors were cancelled, clouding prospects for an acceleration of industry growth. PT Bank Panin Syariah’s stock traded at
      Bloomberg  -  721 words
    • Article
      Lock icon Asian Agri to pay fines of 2.5t rupiah
      149 14 Reuters Jakarta INDONESIA’S Asian Agri Group, one of Asia’s largest palm oil producers which was found guilty of tax evasion in 2012, has agreed to pay 2.5 trillion rupiah (S$262.4 million) in fines after the Attorney General’s Office threatened to seize its
      Reuters  -  149 words
    • Article, Illustration
      Lock icon US firms pay no heed to Obama’s wage rise call
      672 15 By keeping salaries lower, companies can boost profits WP Washington THERE was one line in President Barack Obama’s State of the Union address on Tuesday night that captured the true balance of power that has existed between the president and
      WP; PHOTO: BLOOMBERG  -  672 words
    • Article, Illustration
      Lock icon Mitsubishi to buy Tokyo building for 35b yen
      464 15 Reuters Tokyo JAPAN’S Mitsubishi Corp is in final talks to buy the building rented by luxury retailer Ralph Lauren Corp for its flagship store in Tokyo’s posh Omotesando area for about 35 billion yen (S$436 million), three people with knowledge of the
      Reuters; PHOTO: REUTERS  -  464 words
    • Article
      Lock icon Single-family rental securitisation takes off
      1032 16 Recent estimate puts potential financing opportunities for the industry at US$1 .5t NYT New York WALL STREET’S latest trilliondollar idea involves slicing and dicing debt tied to single-family homes and selling the bonds to investors around the world. That might sound a lot like the
      NYT  -  1,032 words
    • Article, Illustration
      Lock icon Philippine GDP growth slows after Haiyan
      319 16 Bloomberg Manila THE Philippine economy grew at the slowest pace in six quarters after Super Typhoon Haiyan, adding pressure on policy makers to accelerate rebuilding and hold interest rates. Gross domestic product rose 6.5 per cent in the three months through December from a
      Bloomberg; PHOTO: BLOOMBERG  -  319 words
    • Article, Illustration
      Lock icon Business services driving UK’s rebalancing
      515 17 High value-added sector pulls Britain to strongest growth since 2007, with manufacturing falling, exports weak Bloomberg London CHANCELLOR of the Exchequer George Osborne is starting to get the rebalancing he says the UK economy needs, though not through the manufacturing revival he has sought to
      Bloomberg; PHOTO: REUTERS  -  515 words
    • Article
      Lock icon Turkey’s rate hike will stunt growth
      575 17 Reuters Ankara A MASSIVE rate hike may have stalled the Turkish lira’s fall and salvaged the central bank’s credibility, but it stunts growth at a politically fraught time for Prime Minister Tayyip Erdogan and may not shield Turkey from a fragile global backdrop for
      Reuters  -  575 words
    • Article, Illustration
      Lock icon Putin tightens the screws on Ukraine
      885 18 Russia insists on formation of new govt as condition for US$1 5b rescue package Reuters Moscow PRESIDENT Vladimir Putin raised the pressure on Ukraine on Wednesday, saying Russia would wait until it forms a new government before fully implementing a US$15 billion bailout deal
      Reuters; PHOTO: REUTERS  -  885 words
    • Article
      Lock icon US may impose sanctions on Ukraine
      381 18 Reuters Washington THE Obama administration is preparing financial sanctions that could be imposed on Ukrainian officials and protest leaders if violence escalates in the political crisis gripping Ukraine, congressional aides said on Wednesday. Congressional aides, who asked not to be identified by name because
      Reuters  -  381 words
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      Lock icon Page 13 Advertisements Column 1
      98 13 HPTi *****0031° n 3V«\ A;i» 0 t 4 n’fm ,“**2S a 4 %i tifh <s§ Hotel Solutions, Food Beverage and Travel Trade Show 17-19 February 2014 Myanmar Convention Centre,Yangon www.mhft.sphereconferences.com ■Aj■v i M‘ r! ik 41 IN--C LAST CALL TO EXHIBIT! L The most comprehensive showcase of hotel and F&B
      98 words
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  • AVIATION
    • Article, Illustration
      Lock icon Flights cancelled as ATCs across Europe strike
      369 19 Air traffic controllers protesting against planned changes to rules governing airspace WP Frankfurt STRIKES by air traffic controllers (ATCs) have begun to disrupt travel throughout Europe as unions start two days of walkouts to protest against planned cost cuts and reforms. Deutsche Lufthansa
      WP; PHOTO: BLOOMBERG  -  369 words
    • Article
      Lock icon Japan searches for new jets to carry emperor, PM
      521 19 Govt to introduce planes in year starting April 2019 Bloomberg Tokyo JAPAN is preparing to replace the ageing Boeing Co 747-400s used on official visits by the emperor and the prime minister after more than two decades of service. Authorities have
      Bloomberg  -  521 words
    • Article
      Lock icon Lufthansa to fly A380s to India this year
      257 19 Reuters New York THE head of Lufthansa said that the German airline plans to begin flying Airbus A380 superjumbo jets on routes to India later this year. On Monday, India lifted a ban on landing the aircraft in the country, enabling carriers
      Reuters  -  257 words
    • Article
      Lock icon Qantas, Virgin get nod for controversial debit cards
      197 19 Reuters Sydney AUSTRALIAN airlines Qantas Airways and Virgin Australia Holdings have been given the go-ahead for controversial plans to send unsolicited and potentially illegal debit cards to their millions of frequent flyer members, according to a report. Corporate regulator the Australian Securities
      Reuters  -  197 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Dubai airport overtakes Paris, Frankfurt
      496 20 Airport’s customer numbers increase to 66.4m, from 57.7m a year earlier WP London DUBAI International airport attracted more passengers than Paris Charles de Gaulle and Frankfurt last year as Gulf carriers bleed long-haul transfer traffic away from Europe’s leading hubs. Customer numbers at the airport
      WP  -  496 words
    • Article
      Lock icon Boeing Q4 profit up, but tougher 2014 awaits
      257 20 AFP New York US AEROSPACE giant Boeing has reported a big jump in quarterly earnings, but signalled a leaner 2014 profit outlook after last year’s boom. Boeing’s fourth quarter ended on a high note, with the company achieving record annual commercial aircraft
      AFP  -  257 words
    • Article, Illustration
      Lock icon Virus-hit Royal Caribbean cruise ship back at home port
      402 20 Reuters BAYONNE, New Jersey PASSENGERS staggered off a Royal Caribbean ship reeking of vomit and diarrhoea at its home port on Wednesday after their cruise was cut short by an apparent stomach bug that felled nearly 700 holi-day-makers and crew. Cheers
      Reuters; PHOTO: REUTERS  -  402 words
    • Article
      Lock icon TRANSPORT STOCKS
      174 20 SGX '000 Jan 30 S$ +/-Vol Chuan Hup Hldg 0.26 unch 74 Jan 30 s$ First Ship Lea Chuan Hup Hldg Mercator Lines unch unch 0 unch Neptune Ol Ltd Cosco Corp Pan-United Cor unch unch 0 Rickmers Mari 0.29 unch 766 Samudera Ship unch unch 0 Sembcorp
      174 words
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      Lock icon Page 21 Advertisements Column 1
      121 21 Shanghai Chittagong C a i l a n E n n o r e J e d d a h B r Ho Chi Minh NYK RORO Conventional ServiceREGULAR SERVICE TO REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea, Australia, East South Africa, Asia Europe i s b a n
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  • Article
    Lock icon Shipping Times
    2325 21 Guam Saipan Chuuk Majuro Pohnpei Vessel Voy Sin Pusan Honiara Santo Port Vila Noumea Lautoka Suva Apia Pago Pago Papeete Nukualofa Santo Rabaul Lae P. Moresby Townsville Hyundai Vladivostok 585E 5 Feb 17 Feb 5 Mar 9 Mar 10 Mar 11 Mar 15 Mar 16 Mar 18 Mar
    2,325 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      69 22 c OE-V «epo^ 4 u IE PC Services we provide; Transportation/Haulage Mechanical Repairs Pre Delivery Inspection Refurbishment Accessory Fittings Washing Storage/Preservation Yard Management Wallenius Wilhelmsen Logistics Singapore Pte Ltd Tel: (65) 6379 5166 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com Website: http://www.2wglobal.com Shippers looking for Warehouse Can they find your services
      69 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Culture, leadership hold key to success
      1213 24 / 25  -  While leaders are the driving force in the corporate world, culture shapes the organisations that they run, says Caroline Lim Caroline Lim ~The writer is PSA’s Global Head of Human Resource Corporate Affairs Throughout my career in HR, I have come to realise that
      1,213 words
    • Article
      Lock icon The lingering stench of an imperial era
      889 24 / 25  -  By Harish Mehta ~The writer, a former BT senior Indochina correspondent, is a historian who has taught at Canadian universities, and has written books on Indochina THE English banker and “relationship manager” Anton Casey who stirred a storm of indignation among Singaporeans earlier
      889 words
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  • SGX
    • Article
      Lock icon SGX MAINBOARD
      7756 26 Transaction date: Jan 30 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 14 11.5 8Telecom 11.5 11.2 13 10.6 1 9.5 55.1 20 3.3 A-Sonic 10.9 +0.2 2612 10.9 10.6 10.9 11 1.2
      7,756 words
    • Article
      Lock icon SGX CATALIST
      1886 29 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 37 17.3 t 3Cnergy 500 27.5 26 31 27.1 27.5 17.1 t 800 Super 26 23.5 25.5 3.2 3.8 8.1 46.5 6.2 2.8 t AA
      1,886 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 29 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 6 0 0 0 0 7 6 0 Manufacturing 28 48 31 6 9 9 34 57 40 Commerce 15 18 10 3 5 2 18 23 12 Tpt/Stor/Comms 2 25 7
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      801 29 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jan 27 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Internet Tech 29-Jan-14 Goh Ching Wah Buy 16 0.14 8885 6.65 8901 6.67 Internet Tech 29-Jan-14 Goh
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 29 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,817 14,817 90,467 90,467 Manufacturing 207,222 113,213 320,435 92,134 5,591 97,725 Commerce 110,152 163,326 273,478 82,382 14,877 97,259 Tpt/Stor/Comms 63,330 893 64,223 129,508 91 129,599 Finance 24,224 60 24,284 196,682 19 196,701 Construction 25,448 84,549
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    • Article
      Lock icon LIFFE
      93 30 Jan 29 COCOA (£/tonne) Close Prev High Low Mar 14 1842 1833 1846 1811 May 14 1831 1823 1835 1802 Jul 14 1824 1815 1828 1795 Sep 14 1816 1807 1820 1786 COFFEE(US$/tonne) Close Prev High Low Jan 14 1761 1738 1761 1761 Mar 14 1744 1721 1749 1715
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    • Article
      Lock icon METALS
      66 30 Jan 30 GOLD(US$/oz) Jan 30 Jan 29 Hong Kong 1262.09 1252.00 Jan 29 Jan 28 London 1264.30 1252.50 1265.25 1253.55 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 25.44 24.66 Source: UOB PLATINUM Lon (US$/oz) Jan 29 Close Previous PM Fix 1416.00 1418.00 AM Fix 1405.00 1420.00 Source:
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    • Article
      Lock icon PALM OIL
      57 30 Jan 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 14 2529.0 2535.0 2535.0 2529.0 6 1424 Mar 14 2530.0 2541.0 2564.0 2529.0 667 ***** Apr 14 2533.0 2544.0 2567.0 2532.0 4748 ***** May 14 2529.0 2539.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      84 30 Jan 30 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.55 5-Year NX*****W 2.5 01-Apr-18 104.72 104.90 104.70 10-Year NX*****H
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 Jan 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1138 1.1149 0.8729 0.8733 Canadian dollar 1.1406 1.1412 0.8940 0.8939 Euro 1.7405 1.7417 1.3640 1.3643 NZ dollar 1.0422 1.0435 0.8168 0.8174 Sterling pound 2.1105 2.1121 1.6540 1.6545
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      Lock icon FOREIGN CURRENCY NOTE RATES
      118 30 Jan 30 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.142 1.088 Can dollar 1.164 1.120 Euro 1.786 1.701 Sterling pound 2.154 2.072 NZ dollar 1.074 1.033 US dollar 1.304 1.242 Local dollars to 100 units of foreign currency: Currencies Sell
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      Lock icon CHICAGO BOT
      105 30 Jan 29 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Mar 14 1269.25 1285.50 1286.00 1266.00 May 14 1256.75 1271.00 1271.00 1254.25 Jul 14 1242.50 1256.50 1255.75 1240.00 Aug 14 1203.25 1216.50 1213.75 1201.25 SOYBEAN OIL(60,000 lbs; USc/lb) Close Previous High/Low Mar 14 37.10 37.40 37.50
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      Lock icon STOCK MARKETS
      2 30
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      Lock icon OIL
      68 30 Jan 29 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 108.00 0.35 WTI (Near Mth) 97.21 -0.09 Dubai (1-Mth F) 103.48 0.08 Tapis blend 114.58 -0.31 Minas 107.58 -0.31 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.19 -0.53 Jet Kerosene 121.83 0.62 US$/barrel OpecOil Basket Price 104.67
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      Lock icon LONDON METALS
      72 30 Jan 29 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1697.50 1710.25 3 months 1742.00 1754.50 Copper, Grade A (US$/tonne) Cash 7154.50 7179.00 3 months 7127.00 7140.00 Lead (US$/tonne) Cash 2127.00 2139.25 3 months 2142.50 2154.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      373 30 In local curr In S$ In US$ dy yr dy yr dy yr Jan 29 Index Change Change Change Change Change Change World Preliminary 1149.6 -0.2 -2.9 -0.1 -2.1 -0.2 -3.1 EAFE Preliminary 931.1 0.2 -2.6 0.2 -1.6 0.2 -2.7 Europe Preliminary 1325.5 -0.6 -2.2
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      71 31 Executive LifestyleBTTHE BUSINESS TIMES JANUARY 31, 2014 OPEN FOR CNY Your guide to dining out, the arts and movies over the long festive weekend 32-34 PHOTO: JADE GARDEN, FULLERTON HOTEL ARTS Open call for the next arts star 37 DINING Wine auction raises $1m 39 SHOPPING Indie watch brands up
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  • BT Executive Lifestyle
    • COVER STORY
      • Article, Illustration
        Lock icon Open for CNY
        1207 32 / 33  -  Done with home visits? Here’s your guide to dining out, the arts and movies to help you survive the long festive weekend. By Debbie Yong and Rachel Loi WHAT TO EAT By Debbie Yong, Rachel Loi debyong@sph.com.sg rachloi@sph.com.sg Bar-Roque Grill OPEN as usual over the CNY period.
        1,207 words
      • Article, Illustration
        Lock icon Body language takes centre stage
        346 32 / 33  -  WHERE TO GO By Cheah Ui-Hoon uihoon@sph.com.sg AN upcoming full-length piece will see T.H.E. Dance Company spearheading a uniquely Asian form of dance theatre with the use of the Chinese form of crosstalk. Dancers will banter and exchange puns with one another and dance as
        PHOTO: MATTHEW JOHNSON  -  346 words
      • Article, Illustration
        Lock icon Gallerist stuns with new art space
        339 32 / 33  -  By Helmi Yusof helmi@sph.com.sg UNDOUBTEDLY, one of the best art exhibitions in town is happening at the new-ly-opened Pearl Lam Galleries Singapore in Gillman Barracks. Lam hails from Hong Kong, and has long been a fixture in the chi chi art scene with her
        PHOTO: PEARL LAM GALLERY  -  339 words
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        Lock icon Brecht classic adapted for Yue opera
        279 32 / 33  -  By Rachel Loi rachloi@sph.com.sg THE Good Person of Szechwan is a famous piece of theatre from 1943 that’s often regarded as one of the best works by German playwright Bertolt Brecht. It tells the story of three gods who come to earth in search
        279 words
      • Article, Illustration
        Lock icon Mixed bag of treats
        735 34  -  New movie releases gun for CNY box-office moolah. WHAT TO WATCH By Dylan Tan dylantan@sph.com.sg IT’S no secret Chinese films released during the Lunar New Year season are often high on star power but low on everything else. More often that not, these blockbusters tend to
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        Lock icon RoboCop’s back with a vengeance
        564 34  -  By Geoffrey Eu ANY discussion of cyborgs in moviedom must surely include RoboCop, the classic 1987 sci-fi film directed by Paul Verhoeven about a slain police officer who is resurrected as a high-tech, kick-ass antidote to a crime-ridden city. After a couple of forgettable sequels,
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    • SHOPPING
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        Lock icon The independents
        880 35  -  The founders of two avant-garde, rule-breaking watch companies share their vision. By Dylan Tan By Dylan Tan THERE’S one name watch aficionados trust when they’re looking for cutting-edge horological masterpieces. Yafriro, the multi-brand luxury timepiece boutique founded by ex-tailor Iwan Hew, has been breaking independent brands such as
        880 words
    • ARTS/MUSIC
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        Lock icon Exquisite romance with Asian touch
        694 36 / 37  -  Goh Choo San’s Romeo and Juliet by the Singapore Dance Theatre is unique because of Goh’s Asian perspective. By Helmi Yusof By Helmi Yusof helmi@sph.com.sg IT was the 1960s. The late Goh Choo San, then a gangly teenager, was sneaking into Capitol Theatre with his
        PHOTO: TAN NGIAP HENG  -  694 words
      • Article, Illustration
        Lock icon Shakespeare in spiffy cruisewear
        382 36 / 37  -  By Helmi Yusof helmi@sph.com.sg CAN an upscale seaside development a la Sentosa Cove be the setting of the world’s most famous love story? Instead of the stately mansions and courtyards of the Elizabethan era, Shakespeare’s Romeo and Juliet staged by Toy Factory Productions will be set
        PHOTO: TOY FACTORY THEATRE  -  382 words
      • Article, Illustration
        Lock icon Open call for the next arts star
        547 36 / 37  -  By Helmi Yusof helmi@sph.com.sg IF you’re a busy professional who sometimes daydreams of going on stage to act, dance or play music, you’re in luck. Five well-known practising artists want you to join their free workshops to create sound art, contemporary dance, theatrical
        PHOTO: THEATREWORKS  -  547 words
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        Lock icon Savages rock Laneway festival
        164 36 / 37  -  By Dylan Tan THERE was plenty of girl power on show at this year’s St Jerome’s Laneway Music Festival, held last Saturday at Gardens by the Bay. Local artists Vandetta aka Vanessa Fernandez and Vivian Wang from underground darlings The Observatory (kudos to the organisers for
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    • DINING
      • Article, Illustration
        Lock icon Leftovers reboot
        1064 38 / 39  -  Overdid it at the reunion dinner and can’t keep your hands off the pineapple tarts? David Yip offers light and nourishing recipes to take the guilt off and make good use of festive leftovers too David Yip THE Chinese believe in eating well, and Chinese New Year is
        PHOTOS: DAVID YIP  -  1,064 words
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        Lock icon Wine auction helps raise $1m for charities
        664 38 / 39  -  By Jenny Tan THE L a P au l ee a B ur g un di an wine-themed event, took place in Singapore from last Friday to Sunday. The three-day wine event, named La Paulee de Singapour, was organised by Dr NK Yong
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    • WATCHES
      • Article, Illustration
        Lock icon Casio shows heavy mettle
        890 40  -  Casio is set to rewrite its own history as it goes upmarket with the thousand-dollar MT-G (metal-twisted G-Shock) timepiece. By Dylan Tan By Dylan Tan It’s surprising the G in Casio’s iconic G-Shock doesn’t stand for Guantanamo because a visit to its birthplace at Hamura R&D
        PHOTOS: CASIO, DYLAN TAN  -  890 words
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  • Page 38 / 39 Miscellaneous
    • Miscellaneous
      Lock icon Page 38 / 39 Miscellaneous Column 1
      304 38 / 39 CRYPTIC CROSSWORD Across 1 Open space for said hall of justice (9) 6 Live band’s opening work is jazz (5) 9 Old iron, say (7) 10 Emphasise hair streak (9) 11 Set of teeth producing inane chatter (7) 12 Oarsman catches lake fish that’s smoked (7) 13 Last place to
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