The Business Times, 27 August 2014

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Microfilm: NL33222
Total Pages: 32
1 32 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) 051/08/2014 Wednesday, August 27, 2014
    25 words
  • Article
    Lock icon WBL Corporation’s break-up has begun
    763 1  -  UE sells Wearnes Auto to distributor with Malaysian links for S$455m BY CAI HAOXIANG haoxiang@sph.com.sg @Hao><iangCaiBT [SINGAPORE] The break-up of one of Singapore’s most venerable companies is now well underway, with the sale of luxury car distributor Wearnes Automotive, the flagship asset of the 108-year-old
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,323.02 (-7.26) HST INDEX FUTURES 3,323.00 (-7.00) HSIMSCI 377.86 (-0.55) HSIMSCI FUTURES 378.40 (-0.50) US$ S$ US$ (S$ per US$) 1.250 (US$/S$ per 1.657 2.072 EURO (US$/S$/€ 1.319 1.649 Foreign currency per US$ S$ YEN 103.90 83.10 RM 3.163 2.530 HK$ 7.750 6.201 BAHT 31.93 25.54 RUPIAH
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    • Article
      Lock icon MARKETS
      49 1 Tuesday Change KL COMP 1,861.82 -0.49 NIKKEI 225 15,521.22 -92.03 HANG SENG 25,074.50 -92.41 SET INDEX 1,560.17 -2.96 JAKARTA COMP 5,146.55 -38.40 MANILA COMP 7,146.35 +13.26 SEOUL COMP 2,068.05 +7.16 SHENZHEN B 931.07 -4.65 MUMBAI IND 26,442.81 +5.79 12 noon EDT Change DOW 17,131.87 +55.00 NASDAQ 4,569.17 +11.82
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    • Article
      Lock icon PRIME RATES
      19 1 SINGAPORE 5.35 MALAYSIA INDONESIA HONG KONG 5.00 INDONESIA 14.792 TAIWAN US JAPAN 1.475 KOREA 9.33 Source: Bloomberg
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  • Article, Illustration
    Lock icon July manufacturing gets biomed boost
    767 1  -  Growth of 3.3% in factory output not broad-based but meets market forecast By KELLY TAY kellytay@sph.com.sg @KellyTayBT [SINGAPORE] It may look like manufacturing activity strengthened in July, but the 3.3 per cent growth in factory output stemmed from a double-digit surge in biomedical production. Without
    Source: EDB  -  767 words
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      129 1 PROPERTY Sharp drop in industrial land bids at tender PAGE 10 GRADUATE PAY Fresh grads to get slightly higher pay this year PAGE 2 COMPANIES Singapore investor sentiment perks up in Q2 PAGE 4 STRAIT TALK Life on the high seas can be satisfying PAGE 18 Reshaping Singapore’s public policies
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  • TOP STORIES
    • Article
      Lock icon Fresh grads’ salaries this year a tad higher: Hay Group
      604 2  -  The rise is about 2%; diploma holders can also expect to get more By VIVIEN SHIAO vshiao@sph.com.sg @VivienShiaoBT [SINGAPORE] Starting salaries for fresh graduates are expected to be slightly higher this year, according to a Hay Group study. The management
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    • Article
      Lock icon THREE-MINUTE DIGEST
      331 2 July manufacturing gets biomed boost IT may look like manufacturing activity strengthened in July, but the 3.3 per cent growth in factory output stemmed from a double-digit surge in biomedical production. FRONT PAGE Break-up of WBL Corp has begun THE break-up of one of Singapore’s most venerable companies
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    • Article
      Lock icon Faster promotions for non-graduates in public service from October
      391 2  -  By LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] The Public Service in Singapore wants to boost the career prospects of non-graduates in its ranks. There are plans to merge the graduate and non-graduate schemes, and to allow capable Management Support Officers (MSOs) to
      391 words
    • Article, Illustration
      Lock icon Amazon to pay US$970m in cash for Twitch
      662 2 It’s Web retailer’s 2nd biggest buy, after Zappos.com in 2009 Bloomberg [SAN FRANCISCO] Jeff Bezos is ramping up Amazon.com Inc’s entertainment ambitions, buying vid-eo-game service Twitch Interactive Inc in one of its biggest-ever acquisitions. Amazon is paying US$970 million in cash for
      Bloomberg; PHOTO: BLOOMBERG  -  662 words
    • Article, Illustration
      Lock icon Details of Malaysia Airlines overhaul expected on Friday
      777 2 [KUALA LUMPUR] Details of Malaysia Airlines’ (MAS) complete overhaul are expected to be disclosed on Friday, a day after the national carrier releases its second-quarter results. MAS was originally scheduled to release its sec-ond-quarter results on Aug 19. Parent Khazanah Nasional Bhd
      PHOTOS: BLOOMBERG  -  777 words
    • Article, Illustration
      Lock icon Visitor arrivals in S’pore slip 2.8% in H1
      621 3  -  Indonesian visitor numbers rise 3% but those from China fall 30% By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT [SINGAPORE] Visitor arrivals in Singapore slipped 2.8 per cent year on year to 7.5 million in the first half of 2014 as the number of Chinese
      Source: Disembarkation/Embarkation cards  -  621 words
    • Article, Illustration
      Lock icon Najib here to open agrobazaar
      324 3  -  BY LEE U-WEN |éeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] Malaysian Prime Minister Najib Razak is flying into town on Wednesday to launch his country’s first overseas agrobazaar. Together with Singapore Prime Minister Lee Hsien Loong, he will grace the opening of Agrobazaar Malaysia, where Malaysian fruit and produce
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      31 3 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
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      93 3 GP GIRARD PERREG AGX MECHANICS OF TIME SINCE 1791 y '/AJ k rv' pc GIRARD-PERREGACJXVp I M\. i O' 10 I KP CO 0? m c> Nj <o o H ABMD1VH 7c TRAV Hill GIRARD-PERREGAUX *****-0084 CALIBER, SELF-WINDINGjMECHANICAL MOVEMENT HOUR, MINUTE, SMALL SECOND, CHRONOGRAPH, DATE, WORLD TIME WITH DAY/NIGHT INDICATOR
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon S’pore investor sentiment perks up in Q2
      803 4  -  Optimism at its highest since Q1 2013 when Manulife survey was launched By VIVIEN SHIAO vshiao@sph.com.sg @VivienShiaoBT SINGAPORE investor sentiment improved in the second quarter of this year, hitting the highest level since the first quarter of last year when Manulife launched its
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    • Article
      Lock icon CIT to buy industrial building for S$39.8m
      273 4  -  Purchase to be funded by existing cash, debt facilities By MINDY TAN tanmindy@sph.com.sg @MindyTanBT CAMBRIDGE Industrial Trust is looking to acquire 12 Ang Mo Kio Street 65 for S$39.8 million. This translates into an estimated total acquisition cost of S$40.6 million. It will
      273 words
    • Article
      Lock icon Company confirms discussions on possible sale of Straits Trading Building
      210 4  -  By MINDY TAN tanmindy@sph.com.sg @MindyTanBT THE Straits Trading Company issued a statement on Tuesday that it is in discussions with a potential buyer in connection with a possible transaction with regard to the Straits Trading Building. “Discussions are on-going and
      210 words
    • Article
      Lock icon O&M features strongly among S’pore’s richest
      527 8  -  It accounts for over 7% of the top 50’s combined wealth of US$96.9b B)’ MALMINDERJIT SINGH msingh@sph.com.sg @Ma|minderjitBT EVEN though the shipping sector is facing major headwinds, it is still an industry that accommodates some of Singapore’s wealthiest people. As many as six of
      527 words
    • Article, Illustration
      Lock icon Singapore mining firm to list on ASX
      485 8  -  Tian Poh hopes to raise up to A$6m from listing By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT LOCAL firm Poh Group is heading for the Australian Securities Exchange (ASX) for the listing of its mineral resources company Tian Poh Resources Limited. Tian Poh hopes to
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    • Article
      Lock icon Noble helps associate firm Cockatoo Coal secure funds
      497 8  -  By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT AUSTRALIAN coal firm Cockatoo Coal Limited in which Singapore-listed Noble Group owns a 23.1 per cent stake has secured the release of A$37 million of restricted cash with the help of its major shareholders as it seeks
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    • Article, Illustration
      Lock icon Popiah King to invest S$18.45m in Halcyon Agri
      576 9  -  Sam Goi taking up 25m Halcyon shares, or 5.94% stake, via placement B)’ ANITA GABRIEL anitag@sph.com.sg @AnitaGabrie|BT SINGAPORE billionaire Sam Goi Seng Hui is set to emerge with a 5.94 per cent stake in Catalist-listed rubber firm Halcyon Agri Corp once he
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    • Article
      Lock icon OSIM plans S$200m convertible bonds
      242 9  -  By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT LIFESTYLE products group OSIM International is planning to issue up to S$200 million in five-year convertible bonds. The principal amount includes an upsize option of S$50 million. The zero-coupon convertible bonds due 2019 have a conversion price of S$3.525-S$3.737. This
      242 words
    • Article, Illustration
      Lock icon Otto Marine bags A$57m contracts
      395 9  -  Charter deals are for 2 of its deep-water anchor handlers By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT MAINBOARD-listed Otto Marine has secured A$57 million (S$66.3 million) worth of contracts with oil majors. Otto revealed that the time charter contracts with the two oil global oil companies are
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      470 4 PRESENTED TO YOU BY SHAREINVESTOR AND PRINT CLASSIFIED NOTICES WHO’S WHO IN REITS Diversification Through Four Industrial Asset Classes A Distinctive Portfolio Of Industrial Properties Chemical Warehouse and Logistics Specialised warehouses built to strict legal specification to accommodate highly regulated chemical and chemical products. 33 35 Penjuru Lane General Industrial
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      83 5 Beds so comfortable you want to sleep. Cuisine so fine you want to stay awake. In Switzerland, we enjoy the finer things in life. This can sometimes make choices difficult. But why decide between Swiss cuisine and a two-meter fully flat bed with massage function when you can enjoy both
      83 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Genting active in low-liquidity market
      560 6  -  ST Index sheds seven points despite record high close for S&P 500 index STOCKS CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT Correspondent Despite the s&p 500 in the US closing at a record high of 1,997.92 the night before and European stocks rallying on liquidity expectations, the Singapore
      Source: Bloomberg  -  560 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 5 6 0 0 0 3 5 6 Manufacturing 43 45 40 11 5 10 54 50 50 Commerce 14 23 19 7 5 4 21 28 23 Tpt/Stor/Comms 9 19 15
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,118 19,118 55,932 55,932 Manufacturing 282,571 64,646 347,217 114,186 3,787 117,973 Commerce 93,876 41,854 135,730 49,570 3,597 53,167 Tpt/Stor/Comms 97,947 40,080 138,027 105,914 7,202 113,116 Finance 14,439 480 14,919 125,696 112 125,808 Construction 26,751 33,229
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      118 6 Stock name Close Change Ascendas Reit 2.330 -0.010 CapitaLand 3.360 -0.010 CapitaMall Trust 1.995 CityDev 10.200 -0.130 ComfortDelGro 2.540 DBS Grp 17.830 -0.120 Genting Sing 1.210 -0.025 Global Logistic 2.860 +0.030 Golden Agri-Res 0.515 +0.005 HPH Trust USD 0.715 HongkongLand USD 7.050 +0.040 JMH 400 USD
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    • Article, Illustration
      Lock icon Euro under pressure on weak German data
      413 6 CURRENCIES AFP [TOKYO] The euro was stuck around US$1.32 in Asia on Tuesday after falling to an 11-month low against the US dollar on a weak batch of German data and hints the European Central Bank (ECB) could unveil easing measures to fight
      AFP; PHOTO: BLOOMBERG  -  413 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Aug 26 VALUE CLOSE BT OB/OS 50.00 -75.00 BT CADI -*****.00 -57.00 BT 10-day MA -*****.00 +5.00 FTSE ST Mid Cap 776.47 -2.69 FTSE ST Small Cap 553.38 -2.35 FTSE ST All Share 808.14 -2.05 FTSE ST China Top 198.55 -0.41 FTSE ST China 230.36 +0.50 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Sincap 97,053,000 IHC 80,278,000 Artivision Tech 73,982,000 Oceanus 39,615,000 Sky One 39,555,000 Jasper Inv 38,510,000 JES Intl 34,974,000 Blumont 34,266,000 APAC Strategic 33,253,000 Genting Sing 31,168,000 VALUE($) OCBC Bank 52,393,980 SingTel 43,140,447 Genting Sing 37,913,155 CapitaLand 36,153,820 Global Logistic 35,493,625 DBS Grp 33,950,570 UOB 28,476,370 IHC
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    • Article
      Lock icon BROKERS’ TAKE
      1084 6  -  Compiled by TEH SHI NING Parkson Retail Asia Aug 26 close: S$0.835 HSBC RESEARCH, Aug 26 PARKSON Retail Asia (PRA) posted a revenue decline of 2.3 per cent y-o-y in Q4 ended June 2014 (-2.8 per cent y-o-y for the full year) on the back of negative same
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    • Article
      Lock icon RISES
      116 6 BY CENTS CLOSE UP GLD 10US$ ***** 118.7 0.8 DBXT iBoxxKR 5US$ ***** 102.5 0.5 DBXT FTVietnam 10US$ 2972 71.2 2.0 DBXT AUD Bonds 5AU$ ***** 69.7 0.3 Lyxor AsiaCS 10US$ 6310 62.5 0.8 DBXT EONIA 5US$ ***** 60.0 0.3 DBXT MSKorea 10US$ 6584 60.0 0.7 DBXT E50 10US$
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    • Article
      Lock icon FALLS
      129 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -189.9 -1.1 Lyxor Indonesia10US$ 9431 -98.7 -0.8 JMH 400 USD 5976 -60.0 -0.8 DBXT AUDCS 5SG$ ***** -59.0 -0.2 Great Eastern 2267 -46.0 -2.0 DBXT AUDCS 5US$ ***** -42.5 -0.2 Lyxor MS India 10US$ 1668 -20.0 -1.0 DBXT MSJAP 10US$ 4692
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      Lock icon FTSE CATALIST INDEX
      4 6 DAILY
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      123 7 n A STAR ALLIANCE MEMBER Proud To Be A Shining Star EVA AIR, a Star Alliance member.Your best choice for business travel between North America and Southeast Asia. 'V China Hong Kong/Macau Manila Hanoi Bangkok Phnom Penh Ho Chi Minh City Kuala Lumpur Singapore Jakarta 4/week Vancouver 5/week Seattle Taiwan
      123 words
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      305 8 Unravel the Secrets of Let Beautyful Minds equip you and your child with the necessary know-hows in tackling Primary Level Mathematics! Advanced Memory Technique Quick tips to tackle exam stress Identifying Common Mistakes Simplified ways to solve in Pri 3 Pri 6 Mathematics heuristics 1 If. 3? £31 O 'f
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      184 8 CONTENTS Spot short-term potential equities based on daily stock rotation Fundamental interpretation on stock trading Technical application to spot new price extension Calculated risk management versus time-window exit Recording of personal trade journal LEARNING OUTCOME: Trainees may start trading in real market at very low risk immediately after the 1-day
      184 words
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      1538 8 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices Slate Bank of India With you-all the way (Incorporated in India) Corporate Centre: Mumbai 400 021, India BALANCE SHEET AS ON 31ST MARCH 2014 To The President of India, 1. We have audited the accompanying financial statements of State Bank
      1,538 words
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      309 9 FUTURE READY–NOW SMU EXECUTIVE DEVELOPMENT SMU Executive Development enables executives to be “Future Ready–Now”, equipping them with the knowledge, skills and confidence that managers and leaders operating in Asia and globally require today and will be increasingly demanded in the future. Our portfolio of programmes empowers you to make key
      309 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Sharp fall in industrial land bids at 2 state tenders
      671 10  -  Tuas South parcel’s S$56 psf ppr top bid is half that for nearby plot year ago By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT STATE tender closings on Tuesday for two 30-year leasehold industrial sites in Gambas Crescent and Tuas South reflect sharp
      671 words
    • Article, Illustration
      Lock icon IPOS new lab to help SMEs tap IP for growth
      565 10  -  E)’ CHAN Yl WEN yiwenc@sph.com.sg @chanyiwenbt THE Intellectual Property Office of Singapore (IPOS) on Tuesday launched a lab designed to help businesses –especially small and medi-um-sized enterprises (SMEs) tap intellectual property (IP) for growth. The IP ValueLab aims to do
      565 words
    • Article
      Lock icon Kong Hee knew reality of bonds: prosecution
      572 10  -  But he says he was not aware of Xtron cashflow projection CITY HARVEST TRIAL By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT EVEN before City Harvest Church (CHC) entered into the S$13 million bond subscription agreement with events management firm Xtron Productions, the church founder and
      572 words
    • Article
      Lock icon WisTA’s drug patents win at WIPO, IPOS Awards
      411 10  -  By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT STARTING a business is hardly a walk in the park just ask any founder. For one thing, angel investment –capital provided to a start-up by affluent individuals usually in exchange for convertible debt or ownership equity is
      411 words
    • Article
      Lock icon Govt shoring up cyber-security capabilities
      453 10  -  By AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT TAKING note of the number of recent high-pro-file cyber security breaches, Singapore is stepping up efforts to make the Web more secure by shoring up the country’s cyber defence capabilities. On Tuesday, Minister for Communications and Information, Yaacob Ibrahim,
      453 words
    • Article
      Lock icon A*Star, Hitachi in joint green energy research
      315 10  -  By JAN LEE janlee@sph.com.sg ON Tuesday, the Agency for Science, Technology and Research’s (A*Star) Experimental Power Grid Centre (EPGC), Japanese air-conditioning systems giant Hitachi and the Building and Construction Authority (BCA) jointly commissioned an advanced Combined Heat and Power (CHP) pilot plant to
      315 words
    • Article
      Lock icon Zimbabwe minister urges firms to tap its mining sector
      357 10  -  By CAI YONG caiyong@sph.com.sg ZIMBABWE’S mining sector offers many opportunities and high profit margins for Singapore firms, said Ignatius M C Chombo, Zimbabwe’s Minister of Local Government, Public Works and National Housing. Said Dr Chombo: “Singaporean finance companies can look at
      357 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon IOI Properties shares buck sector’s trend
      506 11  -  Company posts 31.7% spike in net earnings on RM1.45b of sales By S JAYASANKARAN in Kuala Lumpur BUCKING the trend among property counters, shares in IOI Properties leaped nearly 6 per cent to RM2.52 apiece on Tuesday on better than expected earnings for its
      506 words
    • Article
      Lock icon Tougher times for M’sian OSV companies
      468 11  -  By PAULINE NG in Kuala Lumpur THE recent performance of Malaysian fabricators and offshore supply vessel (OSV) operators suggests tougher times ahead with margins still narrow amid rising costs. At the same time, order books are not being replenished at the same rate. Analysts
      468 words
    • Article, Illustration
      Lock icon Widodo to announce cabinet in early October: adviser
      534 11 Most pressing issue will be cutting fuel subsidies Reuters [JAKARTA] Indonesia’s Joko Widodo will announce his cabinet team in early October, according to a senior adviser to the presi-dent-elect, as he steps up preparations to become the next leader of the world’s
      Reuters; PHOTO: REUTERS  -  534 words
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      247 11 SINGAPORE’S BIGGEST IT. AND CONSUMER ELECTRON^^^WTION comex CONNECTS YOU TO TECHNOLOGY 28-31 AUG 2014 sumKS 5 r5r k Jadm'ssio EXPECT SOMETHING NEW AT COMEX TECH SHOWCASE See, touch and feel the latest tech products! Visit the showcase on Level 4 for more. ABOVE AND BEYOND. 9 Join Lenovo as it
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      181 11 PSA BUILDING r SIX BATTERY RD SUNTEC TOWER 3 i THE METROPOLIS SINGAPORE’S FINEST SERVICED OFFICES Fully furnished prestigious offices Business registration offices available Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure 5 days free at any location across the globe
      181 words
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  • CHINA/INDIA
    • Article, Illustration
      Lock icon China antitrust probe targets Microsoft browser, player
      482 12 SAIC suspects firm is not transparent with information on sales of Windows, Office Reuters [BEIJING] Microsoft Corp’s Internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart
      Reuters; PHOTO: AFP  -  482 words
    • Article
      Lock icon Indian economy likely grew 5.3% in April-June
      433 12 But economists say future growth depends on reforms Reuters [BANGALORE] India’s economy likely grew at its fastest in two years between April and June, according to a Reuters poll, as improved sentiment after Narendra Modi’s election victory in the middle of the quarter
      Reuters  -  433 words
    • Article
      Lock icon Sinopec shortlists 37 buyers for one-third stake in retail unit
      494 12 Bloomberg [HONG KONG] China Petroleum Chemical Corp, Asia’s biggest refiner, has shortlisted 37 potential buyers as it seeks to sell a third of its retail unit to raise about US$16 billion. The company, known as Sinopec, is in talks to
      Bloomberg  -  494 words
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      270 12 Almost 40 per cent of all who enter the tournament will qualify for the final at Serapong, which means you stand a chance to play at Sentosa twice at the early bird price of $488. With the goodie bag, you can’t get a better deal. Murali Subramaniam, Deputy Editor, The
      270 words
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      708 13 Safety Security ASIA 2014 SINGAPORE THE 13TH INTERNATIONAL SAFETY SECURITY TECHNOLOGY EQUIPMENT EXHIBITION Venue Marina Bay Sands Singapore I Hibiscus Jasmine Ballrooms (Level 3) 27 and 28 August 2014:10AM 6PM 29 August 2014:10AM 5PM *Trade: Free Admission. Register on-site with your business card Safety Security Asia 2014 The 13th International
      708 words
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  • WORLD
    • Article, Illustration
      Lock icon Chevron’s LNG plant trying to lock in sales
      663 14 Its Gorgon project in Australia struggles to find buyers as US increases exports Reuters [MILAN] US oil major Chevron is struggling to lock-in 20-year sales contracts for its Gorgon liquefied natural gas (LNG) export plant in Australia, the world’s most expensive, as
      Reuters; PHOTO: REUTERS  -  663 words
    • Article
      Lock icon Swiss private bank Pictet releases results for first time
      328 14 AFP [GENEVA] The elite of Swiss private banks on Tuesday begin lifting the veil on their books after a radical shift in their business model, amid tougher international regulations and crackdowns on tax dodgers. Geneva’s Bank Pictet broke with a 209-year-old
      AFP  -  328 words
    • Article
      Lock icon Japan govt turns more cautious on weak factory data
      341 14 Reuters [TOKYO] Japan’s government turned slightly more cautious about factory output and flagged a risk that April’s sales-tax hike could have prolonged effects, a sign that the world’s third-biggest economy is struggling with the higher tax and further stimulus might be
      Reuters  -  341 words
    • Article
      Lock icon Australia’s high-yield bond business grows
      560 15 Higher capital costs and yield-starved wealthy investors are driving demand Reuters [SYDNEY] Australia’s embryonic high-yield bond business is growing fast thanks to burgeoning demand from yield-starved wealthy individuals a trend that may be loosening up the nation’s conservative debt market. Two factors are driving the
      Reuters  -  560 words
    • Article, Illustration
      Lock icon Buffett said to be helping to fund BK deal
      511 15 Berkshire Hathaway may invest US$3b for a preferred stake Bloomberg [NEW YORK] Warren Buffett is helping to finance Burger King Worldwide Inc’s (BK) planned takeover of Tim Hortons Inc, according to people familiar with the matter, backing a buyer that would
      Bloomberg; PHOTO: REUTERS  -  511 words
    • Article
      Lock icon US market for inversion deals slows
      544 15 Reuters [NEW YORK] The headline noise may suggest otherwise but US companies’ interest in tax-driven deal-making may be starting to cool down. Bankers and lawyers providing takeover advice said on Monday that Burger King Worldwide Inc’s intention to move its tax domicile overseas through
      Reuters  -  544 words
    • Article, Illustration
      Lock icon ‘Breaking Bad’ goes out with a bang
      805 15 Reuters [LOS ANGELES] AMC’s gritty drug drama Breaking Bad was honoured at the Primetime Emmy Awards on Monday as the top drama series on US television for the second consecutive year, and picked up three top acting awards. The series about schoolteacher Walter
      Reuters; Photos: AFP, Reuters; Source: Reuters  -  805 words
    • Article
      Lock icon WHO urges stiff regulations on e-cigarettes
      410 16 It calls for bans on indoor use, advertising and sales to minors Reuters [GENEVA] The World Health Organization (WHO) stepped up its war on “Big Tobacco” on Tuesday, calling for stiff regulation of electronic cigarettes as well as bans on indoor use, advertising and
      Reuters  -  410 words
    • Article, Illustration
      Lock icon Durable goods orders up 22.6% in July
      514 16 Home prices rise at slower pace on falling affordability LATEST US DATA Reuters Bloomberg [WASHINGTON] Orders for long-lasting US manufactured goods posted their biggest gain on record last month on strong international demand for aircraft, but the underlying trend remained consistent with a
      Reuters; Bloomberg; PHOTO: BLOOMBERG  -  514 words
    • Article
      Lock icon Asset sales soar amid European bank clean-up
      777 17 Unwanted assets for sale jump 65% to US$1.72t since the end of 2003 Bloomberg [FRANKFURT] Europe’s largest banks are finally putting hundreds of billions of dollars of unwanted assets up for sale amid mounting competition among buyers and regulatory pressure. A wave of
      Bloomberg  -  777 words
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      145 15 rv o u r+. u- ur u v v- >■ V--?*■ AN EXPERIENCE BEYOND JAPANESE CUISINE 9 TO 13 SEPTEMBER 2014 Embark on a journey to explore the intricacies of Japanese culture as acclaimed Guest Chefs Masahiro Kasahara and Hisahi Yamashita from Tokyo collaborate with Mikuni’s culinary team in the
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      2764 16 The Business Times Ik I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices ffsph.com.sg J J j L J www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ELANDRAPUMA PTE. LTD. (COMPANY REGISTRATION NO.: *****1825C) MEMBERS’VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company
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      453 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CHIP ONE STOP INTERNATIONAL PTE. LTD. Company Registration Number *****6459E (IN MEMBER’S VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [(Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the member of Chip One Stop International Pte. Ltd.
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      3037 17 The Business Times Ik T^V 1 I 1 I /"I I 1 Toll free 1800-289-8822 I I I Email notices@sph.com.sg J J i L J www.sphclass.com.sg/notices 0m 3m mfar Bank of Baroda (Incorporated in India) India’s International Bank BALANCE SHEET AS ON 31 ST MARCH 2014 PROFIT AND LOSS ACCOUNT
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  • Transport HUB
    • Article
      Lock icon CMS boost for container depot transport operators
      539 18  -  By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT [SINGAPORE] The container logistics and transport industry in Singapore received a boost on Tuesday with the launch of a new system that will help transport operators in container depots plan their fleet deployment more effectively. The Container Management
      539 words
    • Article
      Lock icon Life on the high seas can be satisfying
      749 18  -  But developments in the last decade have conspired to raise levels of stress, fatigue, red tape and loneliness for seafarers STRAIT TALK By DAVID HUGHES LAST week’s Strait Talk considered the scourge of piracy, a menace that makes life at sea more
      749 words
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      Lock icon S Korea brokerages bullish on nation’s shipbuilders
      750 18 New orders for container ships replace older deals Bloomberg [SEOUL] South Korean shipbuilders, this year’s worstperforming industry group, are attracting “buy” recommendations from three of the nation’s biggest brokerages after valuations sank to records. Hyundai Heavy Industries Co, Samsung Heavy Industries Co and
      Bloomberg; PHOTO: REUTERS  -  750 words
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      Lock icon TRANSPORT STOCKS
      240 18 SGX '000 Aug 26 S$ +/-Vol Ch Offshore Chuan Hup Hldg 0.30 0.01 149 Aug 26 Cwt Limited 1.76 -0.03 299 First Ship Lea Grand Banks 0.27 0.01 142 Jaya Hold Ltd 0.06 unch ***** K1Ventures.................0.20 unch 500 Keppel Corp 10.98 0.02 1002 Mercator Lines 0.08 unch 2
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    • TRANSPORT HUB: AVIATION
      • Article, Illustration
        Lock icon BOC Aviation buys US$8.8b worth of jets
        727 19 82-plane Boeing order is its biggest yet as firm gears up to meet demand Bloomberg [SINGAPORE] BOC Aviation Pte is buying US$8.8 billion of Boeing Co jets, the leasing company’s biggest order ever, in a bet on airlines’ demand for new planes to
        Bloomberg; PHOTO: BLOOMBERG  -  727 words
      • Article, Illustration
        Lock icon More West African flights cut as Ebola alarm grows
        852 19 WHO says it’s now tougher to move in medical supplies WP [FREETOWN, Sierra Leone] Tom Frieden, director of the US Centers for Disease Control and Prevention (CDC), was supposed to fly to West Africa on Monday to gauge the effects of
        WP  -  852 words
      • Article
        Lock icon Australia also allows mobile devices in-flight
        318 19 AFP [SYDNEY] Passengers on Qantas and Virgin Australia from Tuesday were allowed to use mobile electronic devices in-flight with limited restrictions after a relaxation of the rules by the country’s aviation authority. The Civil Aviation Safety Authority (Casa) move, which followed similar decisions by
        AFP  -  318 words
      • Article
        Lock icon NTSB removes UPS, pilots union from fatal crash probe
        577 19 WP [WASHINGTON] US accident investigators said on Monday that they have taken the unusual step of removing United Parcel Service Inc and its pilots’ union from a probe into the cargo-jet crash that killed two people last year in Birmingham, Alabama.
        WP  -  577 words
    • TRANSPORT HUB: LAND
      • Article, Illustration
        Lock icon Tide starting to turn for German luxury cars
        1174 20 Deepening rivalries create opportunities for competitors Reuters [BERLIN] Berlin-based public relations executive Herbert Franz should be a soft target for German luxury automakers his last car was a BMW X3 but he can’t wait to leave them behind. “This car is hip,”
        – Reuters; PHOTO: REUTERS  -  1,174 words
      • Article
        Lock icon India imposes 25.4b rupee fine on 14 carmakers
        212 20 Bloomberg [MUMBAI] India’s antitrust regulator has fined 14 carmakers a combined 25.4 billion rupees (S$525 million) for stifling competition in the market for spare parts as the industry faces similar scrutiny in China. The fines were equivalent to 2 per cent of
        Bloomberg  -  212 words
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      26 18 OUT NOW IN BOOKSTORES* KINOKUNIYA TIMES MPH POPULAR ON APP STORE http://goo.gl/84yPpx ON GOOGLE PLAY http://goo.gl/qXrZMV THE PEAKSELECTIONS GOURMET TRAVEL DIGITAL IS AVAILABLE ON MOBILE DEVICES
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  • Page 19 Miscellaneous
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      334 19 CRYPTIC CROSSWORD Across 1 Instruction given by head of commerce in Beijing hierarchy (7,5) 9 Extended alfresco meal (9) 10 Case of depression? Not right (5) 11 Injury sustained by vets regularly feeding cat (6) 12 A container like this needed for prickly plant (8) 13 Ready to pick on
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      370 20 STPROPERTY Seminar Showcase 2014 Singapore Malaysia ...J, f ifc i8 .Jill "Ife p|§a -i?.* I Hgs :»Ur 55S Rs? liii n: 1 Ra ss I l r n Si IP eb3 :ii" ■•»IH'| aa •f Raffles City Convention Centre, Stamford Ballroom Level 4 Sunday, 31 August 2014 8.30am 5.00pm STPROPERTY
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  • SG MARK 2014
    • Article, Illustration
      Lock icon The business of design
      737 21 Good design adds value, improves efficiencies and gives firms a leg up in the marketplace, while differentiating them from the competition MOST people are still not sufficiently aware that our lives are completely surrounded by design, says Tai Lee Siang, president of the Design Business Chamber
      FILE PHOTO  -  737 words
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      Lock icon A mark of innovation and creativity
      725 21 SG Mark is an international design award inspired by Japan’s prestigious Good Design Mark (G Mark). The latter was incorporated in 1957 and approximately 40,000 awards have been given out to date. Launched in late October 2013 by the Design Business Chamber Singapore (DBCS),
      PHOTOS: SG MARK  -  725 words
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      Lock icon Nurturing the next generation of design talent
      609 21 AS more businesses become aware of the economic benefits of good design, demand for professional design skills are continuing to rise, says Tai Lee Siang, president of the Design Business Chamber Singapore (DBCS). To cater to the demand, Singapore has seen a proliferation
      609 words
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      774 22 CONGRATULATIONS TO THE INAUGURAL WINNERS SINGAPORE GOOD DESIGN The Singapore Good Design Mark (SG Mark) is awarded to innovative and exceptional designs which spur the imagination and enhance our day-to-day lives. Launched by Design Business Chamber Singapore (DBCS) with the support of DesignSingapore Council, with the aspiration of positioning Singapore
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      374 23 HONOURING SINGAPORE’S VERY BEST IN GOOD DESIGN WINNERS SHOWCASE Smart banking. Empowering our customers, with instant access and instant service. Anytime, anywhere, with more than 1,000 touchpoints islandwide including smart branches, and via Citibank Online and Citi Mobile. SINGAPORE SFNTOSA COVF A J as in- Green Living by the Waters
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      323 23 B r iv#i 1 t f i K is i i vss iS •a Singapore's Qarden of *Wonder With a diverse range of plant life from the world's four corners, there is so much to explore at Gardens by the Bay. Join us and discover the wonder of nature in
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      428 23 o 070 Cobiax Technologies (Asia) Pte Ltd 63 Tuas South Ave 1 Singapore *****2 Tel +65 6933 3100 info.asia@cobiax.com.sg (E cob i a/ By introducing specially designed hollow plastic void formers into the concrete floor, Cobiax voided biaxial slabs is a sustainable structural system which helps to lighten and optimize
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  • EDITORIAL & OPINION
    • Article
      Lock icon Fed inertia just means delayed rate rise
      515 24 EDITORIAL US Federal Reserve chairwoman Janet Yellen’s keynote speech at the central bankers’ Jackson Hole retreat last Friday might have seemed a dud, offering little direction to markets on when interest rates could rise. Yet, it was revealing in other ways. The speech
      515 words
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      Lock icon Why economy is better under Democratic presidents
      755 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IT’s a Democratic campaign consultant’s dream: A study from two respected academic economists concluding that, since the late 1940s, the US economy has consistently performed better under Democratic presidents than Republican. The gap
      The Washington Post Writers Group  -  755 words
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      Lock icon Scotland has potential to be a strong country
      1143 24  -  It can go it alone if it follows the liberal principles of economist Adam Smith NEIL BEHRMANN London Correspondent SUCH is the narrow margin between the “yes” for independence and “no” voters that the outcome of Scotland’s coming referendum is exceedingly difficult
      PHOTO: AFP  -  1,143 words
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      Lock icon Reshaping Singapore public policies
      3113 25  -  A new book that challenges ‘the Singapore consensus’ scores some hits and some misses VIKRAM KHANNA vikram@sph.com.sg Associate Editor ONE of the unfortunate realities of economic discourse in Singapore is that outside the government, there is relatively little research on practical public policy, especially social policy.
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    • Article
      Lock icon Will a smaller board lot size make much difference?
      471 25 LETTER TO THE EDITOR AS my anticipated free copy of a 2015 diary is yet to come, I shall have to rely on memory to “mark this (memorable) date Jan 19, 2015” (“SGX to cut board lot size from Jan 19
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  • Article
    Lock icon SHIPPING TIMES
    2155 26 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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  • Page 26 Advertisements
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      54 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping times PLACE YOUR AD HERE THE BUSINESS TIMES Shipping Times CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The
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      121 27 Shipping lines seeking reliable Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 Publicise Your Del iver y Ofl Newbuildsl AND NAMING Of CESSFUt co MftETION OTOo.; Come publicise your Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4032 28 Transaction date: Aug 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 Company Last 13 10.4 8Telecom Vol Day Last Quote --AAT Div Gr Yld C'vr Net 153.1 131 AIMSAMP Cap Reit
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      Lock icon SGX CATALIST
      408 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 32.5 25 t 3Cnergy 500 Last Vol Day Last Quote Div Gr Yld 43.5 28 t Alliance Mineral 35.5 +0.5 5446 36 35 35.5
      408 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10702 29 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund (USD)!** 1.28/ Aberdeen Asset Mgt Asia Limited 1.0063/ China Opportunities'* 3 0201/ European Opportunities 1 1 3274/ China Opportunities USD!** Global Emerging Markets USD Global Opportunities USD Global Technology India Opportunities USD!**
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    • Article
      Lock icon GLOBALQUOTE
      244 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 5 0.7 OGL Resources A$ A2.2 -2.8 10 2.2 2.2 1 1.8 0.3 343 250 TanChongInt HK328 324 329 9.7 3.2 3.2 6605.6 DISCLAIMER: All information
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    • Article
      Lock icon SGX ETF
      1084 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF 116 -0.5 17 116.3 116 115.7 116.3 529.5 138 119 CIMB APAC Div 100S$D 137.1 -0.4 137.1 137.1 136 138.5
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      664 30 Aug 26 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.64 *****.34 *****.42 Sep14 *****.00 *****.00 *****.00 *****.00 ***** *****8 Dec14 *****.00 *****.00 *****.00 *****.00 202 ***** MSCI TAIWAN INDEX FUTURES SPOT 342.56 343.54 341.83 Aug14 342.20 342.40 341.10 341.80 *****0 *****6 Sep14 342.50
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 30 In local curr In S$ In US$ dy yr dy yr dy yr Aug 25 Index Change Change Change Change Change Change World Preliminary 1253.8 0.7 5.9 0.7 4.1 0.6 5.2 EAFE Preliminary 974.2 0.7 1.9 0.7 -0.5 0.6 0.5 Europe Preliminary 1384.8 1.0 2.2
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 30 Aug 26 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.020 5.719 0.705 7.204 56.265 108.854 0.966 9.452 2.940 1.116 94.948 40.694 1.162 9.936 0.851 27.884 29.684 0.561 0.930 Canada 0.980 5.607
      471 words
    • Article
      Lock icon SIBOR
      37 30 Aug 26 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 6 mths 6 mths Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      78 30 Aug 26 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.125 01-Apr-16 101.06 101.13 101.11 5-Year NX*****W 2.5 01-Jun-19 105.49 105.55 105.55 10-Year NY*****H 3.000 01-Sep-24
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    • Article
      Lock icon PRECIOUS METALS
      118 30 Aug 26 GOLD(US$/oz) Aug 26 Aug 25 Hong Kong 1290.00 1279.00 Aug 25 Aug 22 London 1276.05 1278.15 1276.63 1278.45 Source: Thomson Reuters CAST BAR Aug 26 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 78 49 5gm 310 256 10gm 578 514
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    • Article
      Lock icon PALM OIL
      57 30 Aug 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 14 2057.0 2049.0 2057.0 1999.0 1221 5887 Oct 14 2026.0 2030.0 2026.0 1983.0 4007 ***** Nov 14 2028.0 2030.0 2028.0 1984.0 ***** ***** Dec 14 2055.0 2053.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 Aug 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1612 1.1625 0.9293 0.9297 Canadian dollar 1.1385 1.1396 0.9114 0.9112 Euro 1.6482 1.6499 1.3191 1.3195 NZ dollar 1.0408 1.0420 0.8330 0.8333 Sterling pound 2.0705 2.0725 1.6571 1.6575
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 As at 9am Aug 26 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.188 1.132 Can dollar 1.159 1.115 Euro 1.689 1.609 Sterling pound 2.113 2.032 NZ dollar 1.066 1.025 US dollar 1.275 1.215 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      158 30 Aug 26 $S Offer Bid 0vernight 0.08 0.03 1-month 0.3125 0.1875 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.15 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      158 words
    • Article
      Lock icon CHICAGO BOT
      109 30 Aug 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 14 1125.75 1166.00 1189.25 1122.25 Nov 14 1029.25 1042.00 1037.00 1026.00 Jan 15 1036.00 1048.75 1043.75 1032.50 Mar 15 1042.50 1055.00 1050.25 1039.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 14
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    • Article
      Lock icon LIFFE
      95 30 Aug 22 COCOA (£/tonne) Close Prev High Low Sep 14 2057 2052 2062 2042 Dec 14 2022 2018 2032 2013 Mar 15 1991 1990 2002 1983 May 15 1979 1978 1989 1970 COFFEE(US$/tonne) Close Prev High Low Sep 14 1986 1982 1995 1973 Nov 14 1997 1988 2006 1979
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1017 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 5 0.3 1 -54 3.57 47 Asia-Pacific Strategic W*****6 3.5 -0.1 3740 1 2 57 Acma Ltd W*****7 Exer Price Ascendas REIT MB eCW*****3 Disc Asiatic Grp(Hldgs) Ltd
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 30 CRUDE OIL PRODUCTS Aug 25 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 102.39 0.42 WTI (Near Mth) 93.37 -2.32 Dubai (1-Mth F) 101.03 0.31 Tapis blend 104.06 0.26 Minas 100.06 0.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.06 -0.08 Jet Kerosene 115.37 -0.07 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 Aug 26 S$ Bid Offer 1-month 1.2495 1.2504 2-months 1.2495 1.2504 3-months 1.2495 1.2504 6-months 1.2494 1.2504 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 30 Aug-25 Aug-25 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2058.00 2058.00 3 months 2063.00 2063.00 Copper, Grade A(US$/tonne) Cash 7098.00 7098.00 3 months 7076.00 7076.00 Lead(US$/tonne) Cash 2251.00 2251.00 3 months 2253.50 2253.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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  • executive Money
    • Article
      Lock icon Young Japanese show no interest in stocks
      864 31  -  Tax breaks have failed to lure new generation of investors, report YOSHIAKI NOHARA report YOSHIAKI NOHARA, YUKO TAKEO Bloomberg [TOKYO] History is working against Japan’s government as it seeks to convince a new generation of investors that equities are the best bet for
      Bloomberg  -  864 words
    • Article, Illustration
      Lock icon Upside in Asian bonds if US lifts rates
      559 31  -  By GENEVIEVE CUA gen@sph.com.sg INVESTORS in fixed income assets see potential rate hikes in the United States as a big bugbear. But Rajeev De Mello, Schroders head of Asian fixed income, see pockets of opportunity, particularly in the rate differentials that local
      Source: Bloomberg, as of July 31, 2014  -  559 words
    • Article, Illustration
      Lock icon What will life after zero look like?
      1127 32  -  Reversal from zero rate scenario could cause market angst on the timing and magnitude of future hikes and thus, volatility MONEY MATTERS EWEN CAMERON WATT The writer is the chief investment stra tegist at BlackRock Investment Institute. RISK assets are grinding higher and
      PHOTO: REUTERS  -  1,127 words
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      562 31 A special feature brought to you by STJOBS.sg Social media selling Article by Tom Abbott, an international sales expert and author of ‘The SOHO Solution: 21 Selling Strategies for Growing Your Small Business’ and ‘Social Selling: The Evolution of Sales’ (forthcoming). E-mail your questions or comments to prosper@sohosalescoaching.com or on
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      114 32 PICKING UP SHARES IS EASY WITH IG" r 'A CHOOSE FROM OVER 6000 GLOBAL SHARE CFDs Trade a wide range of share CFDs from multiple exchanges, or deal directly into the exchange with Direct Market Access, all conveniently on one platform. Find out more at our storefront office on Battery
      114 words