The Business Times, 29 July 2015

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL33561
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    32 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD BEST IN OVERALL REDESIGN S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Wednesday, July 29,2015
    32 words
  • Article
    Lock icon MARKETS
    27 1 Tuesday Change STI 3,281.09 -32.33 KL COMP 1,699.70 -10.06 NIKKEI 225 20,328.89 -21.21 HANG SENG 24,503.94 +151.98 SHENZHEN B 1,232.28 +27.78 DOW (11:45am EDT) 17,552.87 +112.28
    27 words
  • DAILY DIGEST
    • Article
      Lock icon Prices of completed private homes
      35 1 in the Central Region are down 12.7 per cent from their recent peak in May 2013, based on June flash estimates from the National University of Singapore. TOP STORIES 4
      35 words
    • Article
      Lock icon Asean can retain its competitive
      32 1 edge in the world by banking on its flexibility in manufacturing, with technology playing an instrumental role, say leaders of key sectors across Asia. TOP STORIES 5
      32 words
    • Article
      Lock icon Great Eastern Holdings posts
      34 1 a 14 per cent rise in second-quarter net profit to S$277.7 million, lifted by a gain from the sale of a stake in insurer New China Life. COMPANIES MARKETS 10
      34 words
    • Article
      Lock icon Lian Beng Group reports record
      36 1 net profit and revenue for the year ended May 31, 2015, boosted by a higher fair-value gain on investment properties and profits from its construction and dormitory segments. COMPANIES MARKETS 11
      36 words
    • Article
      Lock icon The tender for a far-flung executive
      38 1 condominium site along Choa Chu Kang Avenue 5 attracts 11 bids, more than the three to seven bids that property consultants had expected when the site was launched in May. REAL ESTATE/15
      38 words
    • Article, Illustration
      Lock icon London’s fund industry is bouncing
      24 1 back, and US billionaires Steven Cohen and Ken Griffin are grabbing a piece of the action. BANKING FINANCE 16
      24 words
    • Article
      Lock icon The Asian Development Bank will boost
      38 1 its sovereign lending to the Philippines over the next few years, so that the bank’s host country can finance infrastructure projects and a range of social and other services. GOVERNMENT ECONOMY 20
      38 words
  • Article, Illustration
    Lock icon Najib drops Muhyiddin as deputy prime minister, sacks A-G
    983 1  -  Home Minister Ahmad zahid made No 2; PAC chairman promoted to Dy Home Minister By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIAN Prime Minister Najib Razak on Tuesday dropped Muhyiddin Yassin as Deputy Prime Minister and replaced him with Home Minister Ahmad
    PHOTO: REUTERS  -  983 words
  • Article
    Lock icon Toyota surges ahead as No 1 brand in Singapore
    780 1  -  Car buyers swamp showrooms over weekend after slide in COE premiums By Samuel Ee samuelee@sph.com.sg Singapore BUYERS thronged car showrooms last weekend as COE premiums slid and the Land Transport Authority (LTA) unveiled a new way of listing new-car registrations, which
    780 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      100 1 8 "*****1 *****4 BUILDING TIES Don’t delay investing in Indonesia: Jokowi TOP STORIES 2 a The Power of Dreams HONDA CELEBRATES SG 50 REDEFINING STYLE, LUXURY PERFORMANCE f a== v A i mrw 1 lw ji Lfi*. ,'V ©0 H 1J MOST RELIABLE BRAND -What Car? (UK), 2005 2014 Honda
      100 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      20 1 TRADING LINK Fragmentation impeding success of Asean Exchanges opinion 25 PARKWAY LIFE REIT Q2 DPU up 15.5% COMPANIES MARKETS 10
      20 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      12 1 JUNK BONDS S’pore US$ notes best performer in region EXECUTIVE MONEY 28
      12 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Cameron urges UK companies to grab Asean opportunities
      552 2  -  He also calls on world leaders and foreign companies to share data to fight money laundering By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore UK PRIME Minister David Cameron, making South-east Asia a stop in his first major trade visit since his re-elec-tion, on
      PHOTO: REUTERS  -  552 words
    • Article
      Lock icon Index of big Shanghai, Shenzhen firms tumbles
      846 2 It was a volatile day, despite Chinese authorities’ moves to stabilise markets CHINA STOCK CRASH REUTERS Shanghai CHINESE shares fell on Tuesday as Beijing scrambled once again to prop up a stock market, the wild gyrations of which have heightened fears about the
      REUTERS  -  846 words
    • Article, Illustration
      Lock icon Jokowi to S’pore businesses: The early bird catches the worm
      906 2  -  He emphasises early-mover advantage, citing big returns on investments enjoyed by those who dared to enter the country in 1997/98 BUILDING TIES By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore NOW would be the best time for Singapore businesses to invest in
      PHOTO: JAMIE KOH / THE STRAITS TIMES  -  906 words
    • Article
      Lock icon Market sirens lead China astray
      358 2  -  fcS REUTERS BREAKINGVIEWS By John Foley CHINA’S pledges to prop up the stock market are unwise. It didn’t have to be this way if only the country’s authorities had been able to resist the lure of inflating asset prices. That’s a challenge few governments have
      358 words
    • Article
      Lock icon Central Region condo prices ease the most from 2013 peak: index
      582 4 SRPI comparison shows that month on month, islandwide prices of small units slipped 1.1% in June Singapore FROM their peak in May 2013, prices of completed private apartments and condos in the Central Region have fallen 12.7 per cent,
      582 words
    • Article
      Lock icon Singapore developer sentiment shows slight bump in Q2
      432 4  -  Market outlook for next six months also edges up from previous quarter By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THERE has been a marginal improvement in the market sentiment of real estate developers in the second quarter of this year although it remains
      432 words
    • Article, Illustration
      Lock icon Fed expected to postpone rate hike despite being upbeat about economy
      624 4 AFP Washington FEDERAL Reserve policymakers are more confident about the US economy, but are expected to again put off hiking interest rates at the end of a two-day meeting that begins on Tuesday. Members of the Federal Open Market
      AFP; PHOTO: BLOOMBERG  -  624 words
    • Article, Illustration
      Lock icon Thong Sia Building sold for S$380m
      401 4 Singapore A DEAL is understood to have been inked for the collective sale of Thong Sia Building along Bideford Road for about S$380 million. The buyer of the 26-storey freehold property is believed to be Sin Capital Partners. The en bloc sale has secured
      FILE PHOTO  -  401 words
    • Article
      Lock icon Malaysia lets ringgit fall below level that prompted dollar peg
      462 4 REUTERS More downside pressures seen with US rate hike, but S&P rating still A-, “stable” Kuala Lumpur FOR the past three weeks, the Malaysian authorities have allowed the ringgit to trade at below levels that in 1998 prompted them to
      REUTERS  -  462 words
    • Article
      Lock icon Technology can keep Asean ahead in the game: top execs
      418 5  -  High-tech manufacturing processes will help region keep its edge with consumer demand changing quickly By Ong Hui Qun ohuiqun@sph.com.sg Singapore ASEAN can retain its competitive edge in the world by banking on its flexibility in manufacturing, with technology playing an
      418 words
    • Article
      Lock icon MAS sets up new Financial Centre Advisory Panel
      327 5  -  it will advise mas in two areas: asset class strategies and cross-sectoral strategies By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE Monetary Authority of Singapore (MAS) has set up a new 26-member Financial Centre Advisory Panel (FCAP) consisting of leaders from the banking,
      327 words
    • Article
      Lock icon Self-radicalised S’porean placed on detention order
      282 5  -  By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore A SINGAPOREAN man has been arrested under the Internal Security Act (ISA) and placed on a detention order after his attempt to join the Islamic State in Iraq and Syria (ISIS) group in Syria. The Ministry of Home
      282 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      1364 3 ADVERTORIAL A legacy that grows with every generation Mark Lee, Chief Executive Officer of Sing Lun Group, discusses his journey in successfully growing and internationalising the family business in changing times, and the importance of giving back to society. U I am the third generation in the family to take
      1,364 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      43 5 r s m 5 V 0. V, ki m3eF HOROLOGICAL LAB a THE HOURGLASS SINGAPORE PARAGON MORE PASSION TEL: 65-6735 6466 ION ORCHARD L'ATELIER TEL: 65 6509 9268 KNIGEITSBRIDGE MALMAISON TEL: 65-6884 8484 WWW.MBANDF.COM KUALA LUMPUR PAVILION SHOPPING MALL TEL: 603-2148 8930 WWW.THEHOURGLASS.COM
      43 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      1399 6 Office Expo Asia advertisement Singapore's dedicated event for office and business solutions is back for its third annual run. Learn about productivity innovation Improving Productivity Through Operational Excellence Saurabh Srivastava, Vice Presidents/ Head of Delivery, Deskera Pte Ltd Leveraging on Grants to Build Capability and Improve Productivity Lim Hui Ping,
      1,399 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      484 7 Office Expo Asia advertisement Giving Shape to Ideas KONICA MINOLTA AftIC L»J 1 FOR THE CONNECTED WORKFORCE r > 0 Streamlining busine operations in and ou of the throughout the entir document life cycle. offic With mobility and agility of workers being the new normal, the demands of the modern
      484 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      668 8 Office Expo Asia advertisement ERGO L FE HI WORK m j u 'I I (HBqJ I V si a “When I had shoulder and back problems from long hours of working at the desk, I first visited the doctor, who found nothing wrong with me. Then, I remembered from the
      668 words
Page thumbnail Page 9
Page thumbnail Page 10
  • COMPANIES & MARKETS
    • Article
      Lock icon One-time disposal gain lifts Great Eastern
      514 10  -  Second-quarter earnings up 14% at S$277.7 million, boosted by partial sale of investment in New China Life By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore LIFTED by a gain from the sale of part of the group’s investment in insurer New China Life, Great Eastern Holdings
      514 words
    • Article, Illustration
      Lock icon Parkway Life Reit’s Q2 DPU up 15.5%
      447 10  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore PARKWAY Life Reit (real estate investment trust) has recorded a 15.5 per cent rise in distribution per unit (DPU) for the second quarter to 3.35 Singapore cents from a year ago. This translates to total distribution income
      ST FILE PHOTO  -  447 words
    • CORPORATE DIGEST
      • Article
        Lock icon Japfa
        134 10 AGRI-food company Japfa reported an 86 per cent year-on-year slide in net profit to US$2.96 million for the second quarter ended June 30, 2015, due in part to lower revenue as well as the absence of a one-off gain from an asset disposal in the corresponding quarter a year
        134 words
      • Article
        Lock icon Sincap Group
        82 10 SINCAP Group announced that it has detected a case of fraud in its subsidiary, Shandong Luneng Taishan Mining Co. Luneng Taishan Mining has reported a former employee, Yu Can Bo, to the police of Ma Zhuang Town, Tai’an City, Shandong Province for an alleged charge of misappropriation of
        82 words
      • Article
        Lock icon Global Yellow Pages
        65 10 GLOBAL Yellow Pages has flagged that the group is expected to report a loss for FY2015, due to non-cash impairment charges. The expected loss is due to impairment in trademarks with indefinite useful life for S$45.1 million as well as impairment in the investments in associate Yamada
        65 words
      • Article
        Lock icon Choo Chiang Holdings
        115 10 ELECTRICAL products retailer Choo Chiang Holdings said that its initial public offering was 2.3 times subscribed. The invitation was for 33.28 million shares at S$0.35 per share, of which one million shares were available to the public. The trading debut of Choo Chiang’s shares on the Singapore
        115 words
    • Article
      Lock icon Fall in nonunderwriting income hits UOI’s Q2 bottom line
      296 10  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore UNITED Overseas Insurance (UOI) achieved a 12.5 per cent rise in sec-ond-quarter underwriting profit despite lower net earned premiums. But the group’s net profit tumbled 47.8 per cent to S$5.09 million for the three months
      296 words
    • Article
      Lock icon Lian Beng posts record results, boosted by fair-value gain
      355 11  -  Full-year earnings jump 24% to S$108m; revenue up 9.4% to S$747m By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore LIAN Beng Group posted record net profit and revenue for the full year ended May 31, 2015, boosted by a higher fair-value gain on
      355 words
    • Article
      Lock icon Keppel Infrastructure Trust reports higher Q1 earnings for unitholders
      496 11  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore KEPPEL Infrastructure Trust the new name of CitySpring Infrastructure Trust after its acquisition in May of the business undertakings and assets of Crystal Trust has posted higher earnings for unitholders in the combined entity’s financial
      496 words
    • Article
      Lock icon Sing Holdings’ Q2 profit surges
      342 11  -  By Nikita Mathur mathurn@sph.com.sg Singapore PROPERTY development and investment group Sing Holdings on Tuesday reported a 590.5 per cent leap in net profit for the second quarter ended June 30, 2015. Net profit soared to S$2.244 million from S$325,000 a year ago, on the back
      342 words
    • Article, Illustration
      Lock icon India’s potential still on investors’ radar screen
      783 11 By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore AS foreign investors continue to shy away from China’s volatile financial markets, they remain confident in the potential of a slower rival India. India has demographics on its side, they say. The ongoing commodities slump provides a
      Source: Bloomberg  -  783 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 12 STI Catalist Straits Times Index July 28,2015 3,281.09 -32.33 (-0.98%) Current streak 6 days Day high 3,306.63 Day low 3,277.13 52-week high 3,539.95 (Apr 15, 2015) 52-week low 3,154.21 (Oct 16, 2014) FTSE ST Catalist Index July 28,2015 641.77 -2.15 (-0.33%) Current streak 5 days Day high 648.10 Day low
      63 words
    • Article, Illustration
      Lock icon A bull in a China shop
      716 12  -  Straits Times Index slips 32.33 points; penny stocks with ‘China’ tag run wild TTSTOCKS By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT SINGAPORE’S stock market closed one per cent lower on Tuesday with the Straits Times Index retreating 32.33 points or one per cent to 3,281.09. Penny
      Source: Bloomberg  -  716 words
    • Article
      Lock icon STI STOCKS
      312 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 242 -2 246/242 271 219 6 6123.5 CapitaLand 332 -2 335/329 379 293 12.2 2.7 *****.2 CapitaMall Trust 209 xd -5 212/208 228 188.5 5.2 7251.7 CityDev 944 -16 962/941 1095 915
      312 words
    • Article
      Lock icon MOST ACTIVE
      36 12 VOLUME Chinese Global 267,937,600 China Essence 145,511,400 ChinaSports 109,804,700 Noble 65,693,700 China Bearing 56,315,700 Market volume 2,618,117,000 VALUE DBS Grp 114,644,810 Keppel Corp 102,404,473 Singtel 95,664,862 OCBC Bank 86,295,813 UOB 72,096,926 Market value 1,393,568,000
      36 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Jul 28 VALUE CLOSE BT OB/OS -324.00 -227.00 BT CADI -*****.00 -133.00 BT 10-day MA -*****.00 -33.00 FTSE ST Mid Cap 739.21 -6.35 FTSE ST Small Cap 460.40 -1.76 FTSE ST All Share 784.61 -7.29 FTSE ST China Top 188.12 -2.32 FTSE ST China 228.93 -3.31 FTSE
      77 words
    • Article
      Lock icon GAINERS
      78 12 BY CENTS CLOSE UP 52w high/low DBXT MSKorea US$ 5163 52.0 0.7 6735/5125 DBXT Vietnam US$ 2786 49.2 1.3 3100/2250 DBS Bk 4.7% NCPS ***** 20.0 0.2 *****/***** CWT 235 12.0 5.4 235/146 IS ASIA HYG US$ 1079 8.2 0.6 1130/1013 BY PERCENTAGE CLOSE UP 52w high/low China Hongcheng
      78 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 12 STI FTSE ST All-Share FTSE ST All-Share index July 28,2015 784.61 -7.29 (-0.92%) Current streak 6 days Day high 790.05 Day low 783.98 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 12 STI MSCI EAFE MSCI EAFE index July 27,2015 1,846.85 -14.18 (-0.76%) Current streak 2 days Day high 1,863.00 Day low 1,845.95 52-week high 1,960.95 (July 29, 2014) 52-week low 1,697.01 (Jan 7, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 3 0 0 0 1 11 3 Manufacturing 38 58 35 11 8 12 49 66 47 Commerce 9 31 17 1 6 4 10 37 21 Tpt/Stor/Comms 6 23 10
      186 words
    • Article
      Lock icon LOSERS
      75 12 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -362.4 -1.9 *****/***** SPDR S&P500 US$ ***** -328.2 -1.1 *****/***** DBXT MSAsExJp US$ 3428 -123.1 -2.6 4064/3261 GLD US$ ***** -108.0 -0.7 *****/***** JSH USD 3030 -68.4 -1.6 3784/2987 BY PERCENTAGE CLOSE DOWN 52w high/low CN*****MBeCW*****9 0.7 -72.0 -1.8
      75 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      87 12 VOL CLOSE($) CHANGE China Hongcheng 10,377.0 0.019 +0.015 +375.00 China Great Land 7,177.9 0.033 +0.023 +230.00 China Essence 145,511.4 0.021 +0.013 +162.50 China Flexpack 25,399.2 0.028 +0.011 +64.71 Zhongxin Fruit 1,770.1 0.035 +0.012 +52.17 ChinaSing Inv 47.0 0.030 +0.008 +36.36 China Bearing 56,315.7 0.048 +0.007 +17.07 China Intl
      87 words
    • Brokers’ Take
      • Article
        Lock icon SIA Engineering
        191 12 Fully valued July 28 close: S$3.85 Target price: S$3.70 DBS Group Research, July 28 SIA Engineering failed to show any sequential improvement in fortunes as net profit of S$41.3 million was down 23 per cent year on year (flat quarter on quarter). Revenue was down 6 per cent
        191 words
      • Article
        Lock icon Sheng Siong Group
        234 12  -  Compiled by Cai Haoxiang Buy July 28 close: S$0.89 Target price: S$1.07 Maybank Kim Eng Research, July 27 WE initiate coverage of mass-market supermarket operator Sheng Siong with a “buy” and target price of S$1.07. Sheng Siong holds its own at the lower end of supermarket retailing,
        234 words
    • Article
      Lock icon SGX ETFs Most Active
      110 12 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 335 cd -2 804 337/333 355/319 334/335 IS MS INDIA US$ US739 -4 524 748/737 1000/696 739/743 92.4 UETF SSE50China 252 -6 225 260/245 340/150 252/254 78.8 Nikko AM STI ETF 333 -3 209
      110 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,807 20,807 122,878 122,878 Manufacturing 644,960 376,286 1,021,246 134,316 23,978 158,294 Commerce 163,405 141,203 304,608 108,035 3,482 111,517 Tpt/Stor/Comms 196,954 10,509 207,463 219,083 1,031 220,113 Finance 30,416 30,416 326,728 326,728 Construction 61,664 6,616 68,280 4,240
      121 words
    • Article
      Lock icon US$ makes limited gains against yen
      368 13 CURRENCIES AFP Tokyo THE US dollar recovered slightly against the yen on Tuesday, although gains were limited as investors remain on edge after a sharp plunge in Chinese stock markets hit risk sentiment. In Tokyo the greenback fetched 123.68 yen, up from 123.24 yen
      AFP  -  368 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 13 Jul 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.951 4.532 0.660 5.657 46.717 98.274 0.902 8.517 2.784 1.094 74.300 33.210 0.998 9.209 0.704 22.982 25.481 0.470 0.730 Canada 1.052 4.766
        471 words
      • Article, Illustration
        Lock icon HANG SENG
        2 13
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 13
        1 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 13
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 13
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 13 Jul 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9979 0.9986 0.7297 0.7301 Canadian dollar 1.0495 1.0500 0.7677 0.7675 Euro 1.5125 1.5129 1.1060 1.1062 NZ dollar 0.9120 0.9123 0.6669 0.6670 Sterling pound 2.1243 2.1250 1.5534 1.5537
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 13 Jul 28 S$ Bid Offer 1-month 1.3687 1.3692 2-months 1.3695 1.3701 3-months 1.3702 1.3709 6-months 1.3720 1.3728 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        413 13 Jul 28 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.24 *****.07 *****.18 Jul15 *****.50 *****.00 *****.50 *****.50 *****2 *****7 Aug15 *****.50 *****.00 *****.00 *****.00 *****0 *****2 NIKKEI 225 INDEX FUTURES SPOT *****.57 *****.58 *****.62 Sep15 *****.00 *****.00 *****.00 *****.00 ***** *****5 Dec15
        413 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        202 13 Jul 28 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left FTSEChinaA50 ***** MBeCW*****9 9.6 0.7 ***** 0.0 --2 Elektromotive Group w*****5 0.1 unch ***** 1 1 58 FTSEChinaA50 ***** MBeCW*****9 5.9 0.6 8415 0.0 --2 OCBC Bk
        202 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 13 In local curr In S$ In US$ dy yr dy yr dy yr Jul 27 Index Change Change Change Change Change Change World Preliminary 1320.9 -0.9 3.5 -1.0 4.7 -0.6 1.4 EAFE Preliminary 1071.0 -1.4 8.5 -1.1 7.4 -0.8 4.1 Europe Preliminary 1481.0 -1.8 7.2
        373 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        248 13 Jul-27 Price Net change change Last Trade Agricultural Jul-27 CBOT Soybeans (US cents/bu) 961.25 -30.00 -3.03% 14/08/2015 CBOT Soybean Oil (US cents/lb) 30.11 -0.37 -1.21% 14/08/2015 CBOT Wheat (US cents/bu) 502.50 -9.25 -1.81% 14/09/2015 Jul-27 LIFFE Cocoa (£/tonne) 2131.00 0.00 0.00% 15/09/2015 LIFFE Coffee (US$/tonne) 1762.00 -27.00 -1.51%
        248 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 13 Jul 28 $S Offer Bid 0vernight 0.06 0.04 1-month 0.6875 0.5625 2-months 0.75 0.625 3-months 0.8125 0.6875 Overnight mode: 0.05 US$ Offer Bid 7 days 0.22 0.12 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.80 0.60 12
        154 words
      • Article
        Lock icon SIBOR
        36 13 Jul 28 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 1.***** Source: Thomson Reuters
        36 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        59 13 GOVERNMENT BONDS Jul 28 Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.32 5-Year N*****0S 2.000 01-Jul-20 99.89 10-Year NX*****Z 2.375 01-Jun-25 97.88 15-Year NY*****E 2.875 01-Jul-29 99.78 99.85 99.85 20-Year NZ*****V 3.375 01-Sep-33 105.71 30-Year NA*****N 2.750 01-Apr-42 95.86 Note:
        59 words
    • Article
      Lock icon MDA fines Singtel S$90,000 for TV disruption in February
      372 14  -  Its investigations reveal the cause of service disruption was hardware failure By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore THE Media Development Authority (MDA) has fined Singapore Telecommunications (Singtel) S$90,000 for its Singtel TV disruption on Feb 3, 2015. The incident, which
      372 words
    • Article
      Lock icon BP joins Total in writing off oil investments in Libya
      400 14 BLOOMBERG London LIBYA has become a major headache for European oil companies as a four-year conflict forced BP Plc to join Total SA in writing off millions of dollars in investments in the North African country. BP on Tuesday said
      BLOOMBERG  -  400 words
    • Article, Illustration
      Lock icon MAS likely to keep policy settings unchanged in October: analysts
      675 14 REUTERS Singapore SINGAPORE’S central bank will probably hold off from further monetary easing at its next policy review in October, a Reuters poll showed, with headline and core inflation expected to pick up next year. Most analysts expect the central
      REUTERS; PHOTO: BLOOMBERG  -  675 words
    • Article
      Lock icon Pfizer lifts 2015 forecast despite fall in Q2 earnings
      251 14 AFP New York PFIZER reported a dip in second-quar-ter profits on Tuesday, but boosted its forecast due in part to higher revenues from cancer drugs and global vaccines. Earnings for the pharmaceutical giant for the quarter ending June 28 were US$2.6
      AFP  -  251 words
    • Article
      Lock icon Emerging stocks down for fifth straight day on China rout
      463 14 BLOOMBERG Hanoi EMERGING-MARKET stocks fell for a fifth day as raw-material producers dropped and Chinese shares extended the biggest one-day selloff since 2007. Russia’s rouble weakened to a four-month low. Zijin Mining Group Co sank 6.1 per cent in Hong
      BLOOMBERG  -  463 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      328 10 Keppel Infrastructure Trust (formerly known as “CitySpring Infrastructure Trust”) (Business Trust Registration No. *****01) (Constituted in the Republic of Singapore as a business trust pursuant to a trust deed dated 5 January 2007 (as amended)) Notice of Books Closure Date Distribution Payment Date Notice is hereby given that the Register
      328 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      18 10 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements ASEAN POWER WEEK
      18 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      107 11 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings AccountServe A Stone Forest Company Globally Connected RSM International Need Help with XBRL Reporting? 24 Hrs turnaround Over reports since 8,000 Nov 2007 *Terms conditions apply www.AccountServe.com.sg xbrl@accountserve.com.sg T +65 6222 6868 SET
      107 words
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      172 14 Show Me the Money writes about the important economic concepts and investment strategies applicable to stocks investments. Using actual case studies and data, the book illustrates how these strategies worked for the Singapore market over the years. The painful lessons to learn and pitfalls are highlighted as well. The book
      172 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      25 14 Lifestyle An independent voice BTLifestyle offers a candid view of the food, arts, travel, design and entertainment scene in Singapore and beyond. businesstimes.com.sg/lifestyle btlifestyle thebusinesstimes
      25 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 3
      16 14 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      16 words
Page thumbnail Page 15
  • REAL ESTATE
    • Article, Illustration
      Lock icon Choa Chu Kang EC site draws 11 bids
      808 15  -  Top bid of S$295 psf ppr is 7% above next highest offer; most bidders are cautious By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE tender for a far-flung executive condominium (EC) site along Choa Chu Kang Avenue 5 has attracted 11 bids, more
      Source: OneMap, R’ST Research  -  808 words
    • Article, Illustration
      Lock icon Pre-sales of London homes down by 27% in Q2
      429 15 BLOOMBERG London DEMAND for London homes under construction slumped by 27 per cent in the second quarter as high prices and a sale-tax increase damped demand. Pre-sales in the UK capital fell to about 5,109 units from 7,046 in the same
      BLOOMBERG; PHOTO: BLOOMBERG  -  429 words
    • Article
      Lock icon Mitsui to offer build-to-suit properties for lease in M’sia
      495 15  -  Japanese firm enters into joint venture agreement with Ascendas and UEM Sunrise By Caithlin Ng caithng@sph.com.sg Singapore MITSUI Co Ltd, one of Japan’s largest general trading companies, has entered into a joint-venture (JV) agreement with Singapore’s business space solutions provider Ascendas
      495 words
    • Article
      Lock icon China wealth fund plans to buy Australia office blocks
      454 15 REUTERS Sydney SOVEREIGN fund China Investment Corp (CIC) plans to buy Australia’s biggest office block portfolio from Morgan Stanley for US$1.82 billion, highlighting Beijing’s appetite for stable assets offshore as the mainland economy sputters. The US$200 billion CIC made its biggest
      REUTERS  -  454 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      303 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FORTRESS INVESTMENTS (PTE.) LIMITED (In Members’ Voluntary Liquidation) Co. Reg. No. *****0786G At the Extraordinary General Meeting of the abovenamed Company deemed to be held on 22nd July 2015 at 60 Eu Tong Sen Street #03-11
      303 words
Page thumbnail Page 16
  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Hedge-fund billionaires bet on London again
      846 16 Rebound is driving up demand for office space in Mayfair and other districts where hedge funds congregate BLOOMBERG London THE city’s fund industry is bouncing back, and US billionaires Steven Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and
      BLOOMBERG; PHOTO: AFP  -  846 words
    • Article
      Lock icon PBOC boosts capital of China’s policy banks
      732 16 BLOOMBERG Hong Kong AS China’s leadership pulled together very public efforts to address lo-cal-government debt strains and a stock selloff in recent months, officials took less conspicuous steps to strengthen the state’s lending capacity. With the fixes for the equity market and local
      BLOOMBERG  -  732 words
    • Article
      Lock icon CIMB exec’s departure adds to clouds over sukuk sales
      574 16 BLOOMBERG Kuala Lumpur THE resignation of the chief executive officer of CIMB Group Holdings Bhd’s Islamic unit added to clouds over Malaysia’s sukuk market, amid a probe into a state investment company and a renewed global commodity rout. Badlisyah Abdul Ghani,
      BLOOMBERG  -  574 words
    • Article
      Lock icon Deutsche Bank exec put on leave after China fund probe: sources
      417 16 BLOOMBERG Hong Kong DEUTSCHE Bank AG put its co-head of Asian corporate finance on leave earlier this year after an internal investigation of fund transfers to the German bank’s securities joint venture in China, people familiar with the situation
      BLOOMBERG  -  417 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      566 16 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices LTC CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0176K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “EGM”) of LTC Corporation Limited (the “Company”) will be held at The Conference
      566 words
Page thumbnail Page 17
  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Work on first US offshore wind farm underway
      644 17 Block Island Wind Farm’s 5 turbines will provide electricity for about 17,000 nearby homes WP Washington WITH the lowering of giant steel legs to the sea bottom off Rhode Island, construction has officially begun on the country’s first offshore wind farm, starting
      WP; PHOTO: BLOOMBERG  -  644 words
    • Article
      Lock icon Freeport worst metal stock as rout blunts Indonesia boon
      385 17 BLOOMBERG Toronto FREEPORT-MCMORAN Inc plunged for a fourth day, posting the biggest selloff among major metal producers, as slumping commodity prices offset hopes that it may secure an agreement to extend a contract at its biggest mine. Shares in the largest
      BLOOMBERG  -  385 words
    • Article
      Lock icon BlackRock eyes private deals as banks shy away
      393 17 REUTERS London BLACKROCK Inc is on the prowl for energy and infrastructure projects in the United States, Mexico and Asia that its institutional clients can invest in, Mark McCombe, head of BlackRock’s institutional business, said last week. The asset manager, the world’s
      REUTERS  -  393 words
    • Article
      Lock icon Asian buyers expect bargains when Iran oil returns to market
      742 17 BLOOMBERG Seoul ASIAN oil buyers, already sucking in barrels from as far away as Alaska and Mexico, are anticipating more bargains when Iran finally returns to world markets. In a region that’ll account for more than half the growth in
      BLOOMBERG  -  742 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      953 17 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIESACT, CAP. 50 AND IN THE MATTER OF HOCK HWATRADING (PTE) LTD. (In Members’Voluntary Liquidation) CompanyRegistrationNo.*****0583Z That an Extraordinary General Meeting of the members of abovenamed Company, be held at 11a.m. at 190, Middle Road, #14-05,
      953 words
Page thumbnail Page 18
  • TECHNOLOGY
    • Article
      Lock icon Android flaw lets hackers break in with text message
      401 18 Malicious code executed by attackers could take control of smartphones and plunder contents without owners knowing AFP San Francisco CYBER security firm Zimperium on Monday warned of a flaw in the world’s most popular smartphone operating system that lets hackers take
      AFP  -  401 words
    • Article, Illustration
      Lock icon Google loosening its ties to Google Plus
      599 18 Nrr San Francisco FOR many users, Google Plus accounts don’t get all that many visits. Now, Google seems to be indicating it, too, will be paying less attention to its social network. On Monday, Google said it would move features once integrated into
      Nrr; PHOTO: AFP  -  599 words
    • Article
      Lock icon Facebook and Twitter Q2 results will show if ad investments are paying off
      374 18 WP San Francisco TWITTER and Facebook’s earnings reports this week will show whether the companies can wring profit from fresh efforts to attract advertisers and their marketing dollars. Facebook has rolled out improved tools designed to help
      WP  -  374 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      349 18 KONICA MINOLTA DRIVEN BY VIVID COLOURS BOLD INTENSE VIBRANT New Konica Minolta bizhub PRESS C71hc with HIGH CHROMA COLOUR bizhub PRESS C71hc is designed to help digital print professionals to maximise their revenue while reducing capital expenditure. With its powerful finishing options, workflow and colour management, digital print professionals can
      349 words
Page thumbnail Page 19
  • CONSUMER
    • Article, Illustration
      Lock icon Vietnam’s tycoons explore agribusiness ventures
      712 19 They are carving out opportunities in the US$37b sector and looking to grow overseas, helped by free trade pacts REUTERS Hanoi A STEELMAKER turning to pigs and animal feed, a property developer raising cows, a stockbroker milling rice and a real-estate-to-retail billionaire growing fruit and
      REUTERS; PHOTO: REUTERS  -  712 words
    • Article
      Lock icon Fresh off one deal, Allergan CEO Saunders sets his sights on more
      697 19 REUTERS New York ALLERGAN plc CEO Brent Saunders is ready to put the US$36 billion his company will net from the sale of its generics business to Teva Pharmaceutical Industries Ltd to work, possibly with another large, “transformational”
      REUTERS  -  697 words
    • Article
      Lock icon Kering’s Gucci produces unexpected rebound in sales
      228 19 REUTERS Paris GUCCI, the flagship brand of French luxury and sportswear group Kering, posted a 4.6 per cent rise in underlying second-quarter sales on Monday, marking a much-sooner-than-expect-ed rebound under its new creative and management duo. Kering finance director Jean-Marc Duplaix said the
      REUTERS  -  228 words
    • Article
      Lock icon Best Buy to sell Apple Watch from August
      392 19 BLOOMBERG New York BEST Buy Co will start selling the Apple Watch next month, becoming the first national retail chain to offer the device outside of Apple’s own stores. More than 100 Best Buy locations will have the Apple Watch starting on
      BLOOMBERG  -  392 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      504 19 www.omy.sg ■S vT/ SCAN WATCH NOW more @showbiz.omy.sg HITMAN a NOTICES IN THE MATTER OF COMPANIES ACT, CAP 50 ST Treasury Services Ltd (REGISTRATION No.: *****7950K) (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap 50 the Final Meeting of the Company
      504 words
Page thumbnail Page 20
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon ADB boosts sovereign lending to aid Philippine economic development
      634 20  -  The bank wants to support education and job creation programmes for youth and the growth of capital markets By Anthony Rowley btworld@sph.com.sg Tokyo THE Asian Development Bank (ADB) announced on Tuesday that it will substantially boost its sovereign lending to the
      PHOTOS: AFP  -  634 words
    • Article
      Lock icon Thailand cuts GDP forecast to 3% this year amid fall in exports
      412 20 REUTERS Bangkok THAILAND’S finance ministry on Tuesday cut its economic growth forecast for the third time this year as a poor performance from the export sector slowed expansion in the trade-dependent economy. The government of Prime Minister Prayuth
      REUTERS  -  412 words
    • Article
      Lock icon UK growth up marginally on stronger services, oil output surge
      666 20 BLOOMBERG London UK economic growth accelerated in the second quarter as business services and finance strengthened and North Sea output surged. The 0.7 per cent increase in gross domestic product (GDP) marked a 10th straight expansion and followed a 0.4
      BLOOMBERG  -  666 words
    • Article, Illustration
      Lock icon South Korea declares end to Mers outbreak
      587 20 AFP Seoul SOUTH Korea on Tuesday declared the effective end to a deadly outbreak of Middle East Respiratory Syndrome (Mers) that killed 36 people, triggered widespread panic and stymied growth in Asia’s fourth-largest economy. Addressing a meeting of government officials in Seoul, Prime
      AFP; PHOTO: AFP  -  587 words
    • Article
      Lock icon China state planner upbeat on economy, watching volatile stock market
      453 20 REUTERS Beijing CHINA’S top economic planner said on Tuesday that it was optimistic on the outlook for the economy in the second half of 2015, but was paying close attention to volatility in the country’s stock markets. Improved performance in
      REUTERS  -  453 words
    • Article, Illustration
      Lock icon Slowdown in labour growth a boon for US workers
      1353 21 Companies will have to pay a premium in the future to get the people they want with the skills they need to keep expanding their businesses BLOOMBERG Washington AMERICAN workers may be on the cusp of grabbing a bigger bite of
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,353 words
    • Article
      Lock icon As Fed approaches rate hike, job growth shifts away from oil
      727 21 REUTERS Tulsa, Oklahoma THE rebound in US jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sunbelt
      REUTERS  -  727 words
    • Article, Illustration
      Lock icon Russian economy decline slows, but recovery elusive
      817 21 REUTERS MOSCOW THE sharp decline in Russia’s economy may have almost run its course, official data showed on Tuesday, slowed by a huge devaluation of the rouble and heavy government spending on anti-crisis measures. Recovery prospects are cloudy, however, with many analysts warning
      REUTERS; PHOTO: BLOOMBERG  -  817 words
Page thumbnail Page 21
Page thumbnail Page 22
  • TRANSPORT
    • Article, Illustration
      Lock icon New York City’s La Guardia Airport to be completely rebuilt
      1071 22 Facility is dilapidated and plagued by passenger delays; redevelopment to cost US$4b NYT New York LA Guardia Airport, the dilapidated terminals and record of traveller delays of which have made it the butt of jokes and complaints for decades, will
      NYT; PHOTO: NYT  -  1,071 words
    • Article, Illustration
      Lock icon Brazil port’s boom-to-bust story shows snapshot of an almost superpower
      707 22 BLOOMBERG Brasilia SANTOS Port has always been known as Brazil’s gateway to the world. Now, it’s also a window into what went wrong in Latin America’s biggest economy. Exports from Santos have tumbled as demand from China sags. Companies betting
      BLOOMBERG; PHOTO: BLOOMBERG  -  707 words
    • Article
      Lock icon Passenger traffic at Changi Airport steady at 26.6m in H1
      371 22  -  Thailand overtakes Indonesia to top list of busiest routes By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore PASSENGER traffic was nearly flat at Changi Airport in the first six months of this year, inching up 0.2 per cent year on year to
      371 words
    • Article
      Lock icon Korean shipyards left struggling as deep-sea strategy backfires
      684 22 vessel makers may show billions of dollars in losses when they report earnings BLOOMBERG Seoul THE deep-ocean strategy is coming back to bite South Korean shipyards. Hyundai Heavy Industries Co, Daewoo Shipbuilding Marine Engineering Co and Samsung Heavy Industries Co South Korea’s
      BLOOMBERG  -  684 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      107 23 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 1HE BUSINESS TIMES SHIPPING TIMES Make A Splash In The Maritime World Via spn Shiaritime.coM Ahoy there! If you are in a business pertaining to any sector
      107 words
Page thumbnail Page 24
  • OPINION
    • Article
      Lock icon Despite its flaws, Iran nuke deal helps America protect its interests
      562 24 EDITORIAL FOLLOWING the acrimonious hearing on the nuclear accord with Iran on Capitol Hill last Thursday, it seemed at times that critics had expected the United States to dictate what amounted to terms of surrender to Iran. But in
      562 words
    • Article, Illustration
      Lock icon Why China’s latest stock market plunge is good news
      782 24  -  THE BOTTOM LINE By William Pesek BLOOMBERG VIEW PANIC is in the air as China suffered on Monday its biggest one-day stock plunge since 2007. It shouldn’t be. The 8.5 per cent slide in the Shanghai Composite Index is actually a
      BLOOMBERG VIEW  -  782 words
    • Article, Illustration
      Lock icon To axe or not to axe the Ex-Im?
      1283 24  -  Obama seems confident he could save the bank in the same way he helped revive the TPP By Leon Hadar THE conventional wisdom in Washington these days is that populist sentiments are sweeping the nation and that Americans are in an anti-globali-sation
      PHOTO: REUTERS  -  1,283 words
    • Article
      Lock icon Beware of superstitions
      1071 25  -  COMMENTARY By Frank-Jürgen Richter T The writer is founder and chairman of Horasis, a global visions community WE all understand we don’t walk down dark alleys unless we must; those who wear stiletto heels don’t walk on paving joints; and long ago the Trojans were happy to
      1,071 words
    • Article, Illustration
      Lock icon Fragmentation impeding success of Asean Exchanges
      2193 25  -  Despite many initiatives since its launch, only 3 exchanges are on board and trading volumes have been low.BY low.BY CHAN YI WEN T The writer is a BT journalist. She can be reached at yiwenc@sph.com.sg or @ChanYiWenBT Singapore FOUR years after the stock exchanges
      2,193 words
Page thumbnail Page 25
Page thumbnail Page 26
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon The Met attracts record number of visitors
      551 26 Fourth year in a row the museum had drawn more than 6 million people New York BUOYED by strong international tourism, a spate of well-attended shows and a seven-day-a-week schedule, the Metropolitan Museum of Art drew 6.3 million visitors in the past year,
      PHOTO: RETUERS  -  551 words
    • Article, Illustration
      Lock icon Writer Susan Cain instigates a ‘quiet revolution’ of introverts
      1156 26 NYT New York LAST month, 50 executives from General Electric gathered on the fourth floor of a New York office building for a “fireside chat” with Susan Cain, author of the 2012 book Quiet: The Power of Introverts in a World
      NYT; PHOTO: KIRSTEN LUCE/NYT  -  1,156 words
    • Article
      Lock icon USOC pulls Boston’s bid for Olympics
      795 26 NYT Boston DEEP scepticism here about whether taxpayers would be stuck footing the bill for the Olympics has doomed Boston’s bid to host the 2024 Summer Games and raised questions about whether any other major American city might be willing to take on the
      NYT  -  795 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      322 26 CRYPTIC CROSSWORD Across 1 For instance horse running round pound got much bigger (10) 6 Nothing more than a lake (4) 9 Fashionable novels, when about fifty, can be an imposition (10) 10 Inclination to use jargon (4) 12 Sportsman at university is dirty (4) 13 Company playing to Archers
      322 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      331 27 STPROPERTY SEMINAR: Grow Your Returns Through Real Estate Investment in Singapore the Asia Pacific All prices are inclusive of GST ‘Early bird price ends 31 July 2015 Date: Saturday Sunday 29-30 August 2015 Venue: SUNTEC Singapore Convention Exhibition Centre, Level 3 Summit 1 2, 321 322 W STRroperty EVEClTS rATTEND
      331 words
  • EXECUTIVE MONEY
    • Article
      Lock icon More buys than sells by global funds
      476 27 ON THE RADAR GLOBAL mutual funds bought more Singapore stocks than they sold in the three months to July 22 but just barely. Based on transactions in the top five stocks, there were net buys of S$843.5 million compared to net sells of
      476 words
    • Article, Illustration
      Lock icon China stocks ‘to fall another 14%’
      788 27 TomDeMark, who forecast Shanghai Composite’s bottom in 2013, says market’s trading pattern resembles 1929 US crash BLOOMBERG CHINESE stocks will decline by an additional 14 per cent over the next three weeks as the market demonstrates a trading pattern that mirrors the US crash
      BLOOMBERG; PHOTO: REUTERS  -  788 words
    • Article
      Lock icon Cost of betting on ETF drop at record high due to China stock rout
      584 27 BLOOMBERG New York IF American investors thought it was difficult to make money from the boom in China’s stock market, they’re probably finding it even tougher to try to profit from a bust. At the current
      BLOOMBERG  -  584 words
    • Article, Illustration
      Lock icon S’pore junk bonds best performer in region
      673 28 Its US dollar notes have gained 7.9% as private banks seek haven in more developed markets BLOOMBERG INVESTORS in junk bond earned twice as much in Singapore as they did in Indonesia this year as private banks sought haven in more developed markets.
      BLOOMBERG; FILE PHOTO  -  673 words
    • Article
      Lock icon Global borrowers lapping up cheap euro bonds
      653 28 BLOOMBERG London NEVER have so many international companies borrowed so much for so long in Europe and the continent’s bond market may never be the same. The region, which up until now had catered primarily to domestic borrowers, became a prime target for
      BLOOMBERG  -  653 words
    • Article, Illustration
      Lock icon Major US markets calm despite adverse global events
      971 28 NYT New York THERE has been no shortage of market-moving business and economic news this year. But for the overall US stock market, none of it has really seemed to matter. Crises have come and gone, yet the US market has remained
      NYT; PHOTO: AFP  -  971 words
Page thumbnail Page 28