The Business Times, 28 September 2016
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2016-09-28
1
32
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section22 2016-09-28 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes MCI (P) 052/08/2016 Wednesday, September 28, 2016 S$1.20 CO REGN NO *****2868E22 words
-
Article, Illustration200 2016-09-28 1 Singapore’s population hits 5.61 million, up 1.3 per cent from a year ago, according to the National Population and Talent Division. TOP STORIES 2 M&G Real Estate is eyeing more retail and logistics assets in Asia, where it already has US$2.5 billion in assets under management. TOP STORIES200 words
-
Article27 2016-09-28 1 Tuesday Change STI 2,860.23 +10.29 KL COMP 1,664.72 -4.78 NIKKEI 225 16,683.93 +139.37 HANG SENG 23,571.90 +253.98 SHENZHEN B 1,179.50 +1.10 DOW (11.45 EDT) 18,178.10 +83.2727 words
-
Article, Illustration1049 2016-09-28 1 Michelle Quah - Its second Financial Reporting Surveillance finds accounting errors, but it says it is encouraged by the willingness of companies to correct them By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore ONE Singapore-listed company overstated its profit before tax by 90 per cent when1,049 words
-
954 2016-09-28 1 Jamie Lee - By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore AS A sophisticated financial centre, Singapore needs to step up to “aggressively target” more complex cross-border cases of money laundering, even as it is armed with a strong regulatory framework to fend off dirty money and954 words
-
Page 1 Advertisements
-
Advertisement120 2016-09-28 1 *****1 *****1 THE BUSINESS TIMES A masterclass of market insights from Dr Marc Faber John Jacob Ballroom The St Regis Singapore Saturday 22 October, 12 noon Hear from the author of the Gloom, Boom and Doom Report and learn about the market opportunities and dangers to the economic world as120 words
-
Advertisement14 2016-09-28 1 HOCK LOCK SIEW Omni-channel the way to go for Singapore retailers COMPANIES MARKETS 814 words
-
Advertisement23 2016-09-28 1 US ELECTIONS The myth behind ‘winning’ the debate opinion/ 28 FERNVALE TENDER Sing Holdings-Wee Hur JV puts in top bid real estate /1823 words
-
-
TOP STORIES
-
Article, Illustration725 2016-09-28 2 Lee U-Wen - There were 33,725 citizen births in 2015, the highest in over a decade and more than that in 2012 Dragon year By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore SINGAPORE’S population grew by 1.3 per cent to reach 5.61 million in June, said the National PopulationSource: Department of Statistics, Ministry of Manpower, Immigration & Checkpoints Authority; FILE PHOTO - 725 words
-
738 2016-09-28 2 Chuang Peck Ming - By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore ASIAN export growth is likely to pick up next year, after a year of flat shipments, the World Trade Organisation (WTO) has said. In its latest outlook for global trade, it tips export738 words
-
902 2016-09-28 4 Lynette Khoo - The aim is to have half its global AUM residing outside its home market, the UK, in the long term By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore M&G Real Estate, the property investment arm of Prudential plc, is eyeing more retail902 words
-
Article, Illustration861 2016-09-28 4 US ELECTIONS NYTIMES New York SOME debates seem to transform the fundamentals of a political campaign. The first clash between Hillary Clinton and Donald Trump on Monday was not one of those events. Rather than shifting the lines of theNYTIMES; PHOTO: AFP - 861 words
-
Article, Illustration347 2016-09-28 4 REUTERS London STANDARD Chartered has referred allegations of impropriety at an Indonesian power company that the bank’s private equity arm invested in to the appropriate authorities, the bank said on Tuesday. The Wall Street Journal earlier reported theREUTERS - 347 words
-
691 2016-09-28 4 BLOOMBERG Bangkok EMERGING-MARKET stocks and currencies rose as investors bet Hillary Clinton won the first of three American presidential debates, outweighing concern a Donald Trump victory in November elections may plunge financial markets into turmoil. Mexico’s peso rebounded from aBLOOMBERG - 691 words
-
Article, Illustration796 2016-09-28 6 Anthony Rowley - Country’s share of global imports rose from 3% in 2000 to about 10% in 2015 GLOBAL GROWTH By Anthony Rowley btworld@sph.com.sg Tokyo CHINA’S “rebalancing” has been a much bigger factor behind the prolonged weakness in the global economy thanPHOTO: AFP - 796 words
-
606 2016-09-28 6 Anthony Rowley - By Anthony Rowley btworld@sph.com.sg Tokyo ASIA is helping to stabilise growth in the global economy albeit at relatively low levels as growth in the region’s leading economies remains steady while that in major advanced economies is easing, the Asian Development606 words
-
-
Page 2 Advertisements
-
Advertisement310 2016-09-28 2 GOVERNANCE FOR CHARITIES IN THE 21 st CENTURY 28 September 2016 9.00am 4.00pm Mandarin Orchard Singapore Organised by siAs Supported by A Programme Highlights 28/9 WEDNESDAY 9.00AM-12.30PM CHARITY GOVERNANCE CONFERENCE 2016 Lessons on Corporate Governance Applicable to Charities Investing Surplus Funds 28/9 WEDNESDAY 2.00PM 4.00PM GOVERNANCE WORKSHOPS Workshop 1: Effective310 words
-
Advertisement17 2016-09-28 2 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices17 words
-
Advertisement8 2016-09-28 2 WTO drastically cuts global trade forecast, Page 248 words
-
-
Page 3 Advertisements
-
Advertisement168 2016-09-28 3 ALL-NEW JAGUAR F-PACE ABOVE ALL, IT'S A JAGUAR. F 4 w i m 'S X 5$ =ss XCP 633 m o4 I J JAGUAR CARE SERVICE PLAN ENJOY INCREDIBLE SAVINGS WITH THE ART OF PERFORMANCE TOUR EVENT CARS There’s never been a better time to be a proud owner of168 words
-
-
Page 5 Advertisements
-
Advertisement37 2016-09-28 5 m Smart is a city that saves its own energy. Ml provides smart solutions to Track consumption in real-time Calculate potential savings Smart is making a difference for every one. Ml. FOR EVERYONE. ml.com.sg Terms conditions apply.37 words
-
-
Page 6 Advertisements
-
Advertisement19 2016-09-28 6 To celebrate the 40th anniversary of The Business Times, we are turning your Weekend inside out... Are you ready?19 words
-
-
COMPANIES & MARKETS
-
755 2016-09-28 7 Kenneth Lim - Advocacy group for minority shareholders cites valuation issues and IFA’s finding that offer by Halcyon Agri is unfair By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE Securities Investors Association of Singapore (SIAS) has reiterated its call for Halcyon Agri Corp to raise its offer755 words
-
Article, Illustration330 2016-09-28 7 BLOOMBERG Singapore SHARES in United Engineers Ltd (UEL) jumped to a 14-month high after OCBC Bank and an affiliate said that they were reviewing options for their combined stake in the century-old Singapore property and construction company. OCBC; its insuranceBLOOMBERG; Source: Bloomberg - 330 words
-
Article, Illustration323 2016-09-28 7 Singapore OCBC Bank has appointed Elaine Lam Su Yen as its new head of global corporate banking following her predecessor George Lee’s retirement after 16 years with the bank. “In this new role, Ms Lam is responsible for OCBC Bank's323 words
-
1049 2016-09-28 8 AMIT ROY CHOUDHURY - HOCK LOCK SIEW BY AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT Minister for Trade and Industry (Industry) S Iswaran’s recent call for retailers to transform their business by using unconventional channels such as online sales and engaging shoppers through mobile applications to stay relevant1,049 words
-
Article, Illustration379 2016-09-28 8 Renald Yeo - By Renald Yeo yrenald@sph.com.sg Singapore SINGAPORE Press Holdings’ subsidiary ShareInvestor is planning to offer through its latest venture online investor relations services to at least 30 listed and private companies in Australia and New Zealand in the next 12 months. This follows its379 words
-
Article, Illustration696 2016-09-28 9 Cai Haoxiang - Swiss private bank Lombard Odier says it is reassessing the role of fixed income in its portfolios By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore FIXED income is no longer an asset class, said Salman Ahmed, chief investment strategist at Swiss private bank Lombard Odier.696 words
-
CORPORATE DIGEST
-
Article67 2016-09-28 9 KEPPEL Corporation’s Keppel Land has agreed to acquire a 25 per cent stake in Quoc Loc Phat Joint Stock Company (QLP) for 412.33 billion dong (S$25.6 million), raising its effective stake in the real estate development firm to 45 per cent. The sale and purchase agreement was inked67 words
-
Article70 2016-09-28 9 MAIN BOARD-LISTED lifestyle brand F J Benjamin Holdings on Tuesday posted notice of three consecutive years of losses. It said that it has recorded “pre-tax losses for the three most recently completed consecutive financial years”. Its latest six-month average daily market capitalisation as at Monday was S$38.8 million.70 words
-
Article78 2016-09-28 9 SINGAPORE Telecommunications (Singtel) said on Tuesday it has priced US$500 million of 10-year notes at 2.375 per cent. The notes will mature in 2026, and will be drawn down under Singtel Group Treasury’s S$10 billion Euro Medium Term Note Programme guaranteed by Singtel. They have been rated Aa3 by78 words
-
Article53 2016-09-28 9 PROPERTY developer Sing Holdings and Wee Hur Holdings have emerged as the highest bidders for a land parcel at Fernvale Road in the Sengkang neighbourhood. A joint venture that is 70 per cent held by Sing Holdings and 30 per cent held by wee Hur offered S$287.1 million53 words
-
-
516 2016-09-28 9 Pauline Ng - By Pauline Ng btworld@sph.com.sg Kuala Lumpur AMID tepid economic activity and softer loans growth, one lender has emerged as a viable alternative to banking stocks owing to its resilient micro-financing business and healthy receivables growth. Given that its receivables remain healthy, its516 words
-
578 2016-09-28 9 BLOOMBERG Hong Kong INVESTORS are so hungry for yields in Asia’s junk bond market that even some of the riskiest firms are coming to market. Imperial Pacific International Holdings Ltd plans to sell dollar bonds for the first timeBLOOMBERG - 578 words
-
388 2016-09-28 9 BLOOMBERG Shanghai THE Shanghai Stock Exchange is considering raising the threshold for property developers to sell exchangetraded notes, according to people familiar with the matter. Under the rules being considered, the exchange would only accept note-offering applications from developers rated AABLOOMBERG - 388 words
-
Article, Illustration63 2016-09-28 10 STI Catalist Straits Times Index Sept 27,2016 2,860.23 +10.29 (+0.36%) Current streak 1 day Day high 2,865.70 Day low 2,831.87 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index Sept 27,2016 444.38 +0.74 (+0.17%) Current streak 5 days Day high 445.23 Day low63 words
-
Article, Illustration622 2016-09-28 10 R Sivanithy - ST Index closes 10.3 points higher after the ‘relief’ rally loses some strength, but volume below par at S$853 million STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT MARKETS on Tuesday reacted to news that US Democratic presidential candidate Hillary Clinton most probably won the622 words
-
Article303 2016-09-28 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 248 +2 249/245 257 209 6.2 6892.5 CapitaCom Trust 161.5 +2 161.5/159 164 127 5.3 4784.5 CapitaLand 317 +2 319/313 340 267 12.7 2.8 *****.4 CapitaMall Trust 214 unch 215/212 225 185303 words
-
Article35 2016-09-28 10 VOLUME Ezra 234,185,000 Noble 145,008,300 Magnus Energy 69,555,700 Rex Intl 63,653,500 GCCP 48,934,500 Market volume 1,736,942,000 VALUE Singtel 83,610,821 UOB 63,341,386 DBS Grp 47,700,263 Ascendas Reit 35,623,712 OCBC Bank 30,260,624 Market value 877,430,00035 words
-
Article110 2016-09-28 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US739 +8 146 739/736 772/575 739/745 92.4 STI ETF 291 +2 143 291/288 314/254 290/291 DBXT MSINDO us$ US1480 +23 57 1484/1451 1534/911 1480/1530 DBXT MSBrazil US$ US371 +2 43 371/370 391/190110 words
-
Article77 2016-09-28 10 Sep 27 VALUE CLOSE BT OB/OS 57.00 +254.00 BT CADI -*****.00 +54.00 BT 10-day MA -*****.00 +6.00 FTSE ST Mid Cap 690.26 +2.86 FTSE ST Small Cap 382.94 -0.05 FTSE ST All Share 702.84 +2.52 FTSE ST China Top 160.53 +0.01 FTSE ST China 197.24 -0.13 FTSE77 words
-
Article, Illustration35 2016-09-28 10 STI FTSE ST All-Share FTSE ST All-Share index Sept 27,2016 702.84 +2.52 (+0.36%) Current streak 1 day Day high 703.55 Day low 696.84 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)35 words
-
Article, Illustration33 2016-09-28 10 STI MSCI EAFE MSCI EAFE Index Sept 26,2016 1,701.61 -15.13 (-0.88%) Current streak 2 days Day high 1,718.72 Day low 1,696.26 52-week high 1,779.25 (Oct 26, 2015) 52-week low 1,492.43 (Feb 12, 2016)33 words
-
Article186 2016-09-28 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 3 1 0 0 6 6 3 Manufacturing 43 25 24 12 11 6 55 36 30 Commerce 17 17 13 5 1 6 22 18 19 Tpt/Stor/Comms 14 9 8186 words
-
Article121 2016-09-28 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,381 129 14,510 42,431 21 42,453 Manufacturing 72,683 57,613 130,296 70,324 1,980 72,304 Commerce 184,982 37,998 222,980 75,743 718 76,462 Tpt/Stor/Comms 307,757 3,092 310,849 162,363 316 162,679 Finance 20,248 26 20,274 162,694 3 162,696 Construction121 words
-
Article76 2016-09-28 10 BY CENTS CLOSE UP 52w high/low DBXT MSKorea US$ 5972 165.8 2.1 6041/4629 JSH USD 3299 66.6 1.5 3417/2524 DBXT MSJAP US$ 5110 34.0 0.5 5110/4031 DBXT MSTaiwan US$ 2298 34.0 1.1 2328/1667 DBXT MSINDO us$ 1480 31.3 1.6 1534/911 BY PERCENTAGE CLOSE UP 52w high/low Viking W*****5 1.476 words
-
Article74 2016-09-28 10 BY CENTS CLOSE DOWN 52w high/low SPDR S&P500 US$ ***** -103.3 -0.4 *****/***** DBXT Nifty50 ETF10 ***** -76.1 -0.4 *****/***** Lyxor Nasdaq US$ 1890 -47.6 -1.8 1925/1557 JMH USD 6050 -38.1 -0.5 6371/4500 Halcyo Agri 56 -18.0 -24.3 75/55 BY PERCENTAGE CLOSE DOWN 52w high/low TEE Intl W*****6 0.174 words
-
Article73 2016-09-28 10 VOL CLOSE($) CHANGE Artivision Tech 4,523.3 0.020 -0.002 -9.09 Swee Hong 1,040.1 0.004 -0.001 -20.00 ChasWood Res 0.030 Samko Timber 0.089 SunMoonFood 14,968.0 0.060 -0.001 -1.64 Brook Crompton 0.475 ICP Ltd 10,377.5 0.008 Poh Tiong Choon 463.9 1.090 -0.070 -6.03 GCCP 48,934.5 0.058 -0.001 -1.70 Ley Choon 330.073 words
-
BROKERS’ TAKE
-
Article238 2016-09-28 10 Sembcorp industries Buy Target price: S$3.29 Sept 27 close: S$2.55 UOB KayHian Research, Sept 23 The low contract win rate going forward will keep Sembcorp Industries’ (SCI) marine earnings low. We expect annual contract wins of S$1.5 billion over 2016-18 and are forecasting earnings of S$100 million to S$120 million238 words
-
Article227 2016-09-28 10 Kenneth Lim - Compiled by Kenneth Lim DBS Group Research, Sept 27 Two new residential developments located at Outside Central Region (OCR) were opened for viewing last weekend (Forest Woods City Developments and Alps Residences MCC Land); and, we saw overwhelming interest at both showrooms. We understand from the sales agents227 words
-
-
Article12 2016-09-28 10 DATA/EVENT Sept 28 I US Unemployment Rate US MBA Mortgage Applications12 words
-
450 2016-09-28 11 Mexican peso, Canadian up after US debate CURRENCIES REUTERS London THE Mexican peso rose 2 per cent on Tuesday after record lows against the US dollar, buoyed by a view that Democratic presidential candidate Hillary Clinton fared better than rival Donald Trump in a television debate. The peso was onREUTERS - 450 words
-
FOREX RATES
-
Article471 2016-09-28 11 Sep 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.014 5.121 0.683 5.955 51.049 99.488 0.772 8.422 3.166 1.049 80.424 37.004 1.044 10.394 0.743 24.068 26.544 0.592 0.768 Canada 0.986 5.050471 words
-
Article155 2016-09-28 11 Sep 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0438 1.0443 0.7679 0.7680 Canadian dollar 1.0292 1.0300 0.7575 0.7572 Euro 1.5288 1.5295 1.1247 1.1248 NZ dollar 0.9951 0.9962 0.7321 0.7326 Sterling pound 1.7627 1.7639 1.2968 1.2972155 words
-
Article22 2016-09-28 11 Sep 27 S$ Bid Offer 1-month 1.3589 1.3596 2-months 1.3588 1.3593 3-months 1.3586 1.3593 6-months 1.3578 1.3594 Source: OCBC22 words
-
EQUITY BONDS WARRANTS FUTURES
-
213 2016-09-28 11 Most active Sep 27 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 11.1 0.3 4348 0.1 1550 5 STI 2800 MB ePW*****0 6 -0.1 2155 0.0 3 DBS VT eCW*****2 4.1 0.1 2069 0.1 1618 3213 words
-
377 2016-09-28 11 In local curr In S$ In US$ dy yr dy yr dy yr Sep 26 Index Change Change Change Change Change Change World Preliminary 1299.1 -0.8 1.7 -0.7 -1.0 -0.7 3.3 EAFE Preliminary 969.2 -1.2 -4.4 -0.9 -5.0 -0.9 -0.8 Europe Preliminary 1386.6 -1.4 -1.8377 words
-
Article382 2016-09-28 11 Sep 27 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Sep16 9460.00 9597.50 9457.50 9560.00 *****3 *****1 Oct16 9502.50 9617.50 9487.50 9585.00 *****1 *****0 NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 *****0 *****6 Mar17 *****.00 *****.00 *****.00 *****.00 3170 633 MSCI TAIWAN382 words
-
-
BANK RATES
-
Article161 2016-09-28 11 Sep 27 $S Offer Bid 0vernight 0.10 0.03 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.07 US$ Offer Bid 7 days 0.55 0.45 1 month 0.63 0.53 2 months 0.80 0.60 3 months 1.00 0.80 6 months 1.30 1.10 9 months 1.50 1.30 12161 words
-
Article63 2016-09-28 11 Sep 27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 106.05 5-Year NX*****X 2.250 01-Jun-21 104.47 104.60 104.54 10-Year NX*****F 2.125 01-Jun-26 103.03 103.27 103.00 15-Year NZ*****F 2.875 01-Sep-30 109.79 110.35 109.95 20-Year NZ*****X 2.250 01-Aug-36 101.77 30-Year NA*****H63 words
-
-
AGRI METALS ENERGY
-
Article251 2016-09-28 11 Sep-26 Price Net change change Last Trade Agricultural Sep-26 CBOT Soybeans (US cents/bu) 945.25 -9.75 -1.02% 14/11/2016 CBOT Soybean Oil (US cents/lb) 33.12 -0.19 -0.57% 14/10/2016 CBOT Wheat (US cents/bu) 396.00 -8.75 -2.16% 14/12/2016 Sep-26 LIFFE Cocoa (£/tonne) 2273.00 -17.00 -0.74% 13/12/2016 LIFFE Coffee (US$/tonne) 1970.00 9.00 0.46%251 words
-
-
Article1704 2016-09-28 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High 136.5 107 AIMS Property 136.5cd +8.5 0 136.5 136.5 1.6 49.3 149 127 AIMSAMP Cap Reit 140 -0.5 525 141.5 140 0.9 8.1 892.21,704 words
-
Article341 2016-09-28 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day LOW 5 1.7 t Acesian Partners 3 unch 176 3.2 3 4.1 11.2 GrYld 0.6 0.1 t Advanced Systems 0.4 +0.2 0 0.4 0.2 10.5 46.5 29.5 t341 words
-
Article145 2016-09-28 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 3268 2355 DBXT China50 US$ US3146 -1 2 3146 3146 8.7 391 190 DBXT MSBrazil US$ US371 +2 43 371 370 1387 995 DBXT MSCHINA US$ US1364145 words
-
-
Page 7 Advertisements
-
Advertisement66 2016-09-28 7 Find your escape Catch the surf in one of the world’s largest wave pools at our adventure water park. Tee off at The Els Club Desaru Coast, crafted with precision by the hand of four time major champion and former World No.l, Ernie Els. Stay and explore our globally renowned66 words
-
-
Page 8 Advertisements
-
Advertisement569 2016-09-28 8 the Architecture a BUILDING SERVICES 2016 SERIES for the Southeast Asian Architecture and Building Management industries Halls B C Level 1 Marina Bay Sand Singapore 28 29 Sep: 10AM-6PM 30 Sep: 10AM-5PM The Architecture Building Services (ABS) 2016 Series is a mega platform which serves the needs of the architecture569 words
-
-
Page 9 Advertisements
-
Advertisement57 2016-09-28 9 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements Stone Forest IT It's all about gyp CONTROL’ Automate online banking payment Speed up payment approvals Expedite purchase approvals Check out our add-on tools for Sage 300 (formerly known as Accpac) to increase work productivity57 words
-
Advertisement69 2016-09-28 9 AccountServe A Stone Forest Company Need Help With Tax Forms and Filing Deadlines? W We Help Small Businesses, Individuals and Expats With Their Tax Matters: Corporate income tax Computation and filing with IRAS, including ECI Form 37 for withholding tax compliance Income tax returns and ’.ax computations for individuals and69 words
-
Advertisement263 2016-09-28 9 PICTET Pictet-Absl Rtn Fxd Inc-HP EUR 22/09/2016 EUR 104,61 Pictet-Asian Equities Ex Japan-P USD 23/09/2016 USD 210,44 Pictet-Asian Local Currency Debt-P USD 23/09/2016 USD 155,71 Pictet-Biotech-P USD 22/09/2016 USD 638,33 Pictet-Clean Energy-P USD 22/09/2016 USD 76,95 Pictet-Digital Communication-P USD 22/09/2016 USD 267,39 Pictet-Em Lcl Ccy Dbt-P USD 22/09/2016 USD 163,89263 words
-
-
Page 10 Advertisements
-
Advertisement9 2016-09-28 10 For full listings of SGX prices, go to http://btd.sg/BTmkts9 words
-
-
Page 12 Advertisements
-
Advertisement94 2016-09-28 12 Live Trading Mondays Price Chanq 42.03 *43 Learn the ropes of active trading from a professional trader at SGX Academy! Date 17 October 2016 Venue SGX Centre 1, Auditorium Time 9am 11.30 am For more information, visit sgx.com/academy Singapore Exchange This advertisement has been published for genial information only. It94 words
-
-
Page 13 Advertisements
-
Advertisement1523 2016-09-28 13 Advertorial PARKROYAL mtk. 3P* M m ii r-. -mi r Mill Beating the heat with facade optimisation For many Singaporeans melting under the blazing hot sun, office buildings and shopping malls have become oases, giving them refuge from the tropical heat by cranking up the air-conditioning. But blasting the air-conditioning,1,523 words
-
-
Page 14 Advertisements
-
Advertisement1369 2016-09-28 14 TD Ameritrade Asia celebrates Most Preferred Trading Platform award achievement are no platform, custodial or data fees, minimum trades, nor restrictions to access advanced tools. Besides specialised client support, it offers a wealth of free platform education, including live online and in-person platform demonstrations on how to harness the power1,369 words
-
-
Page 15 Advertisements
-
Advertisement1381 2016-09-28 15 Congratulations to our award winners! Voted by INVEST Fair visitors PhillipCapital: Client centricity is key PhillipCapital scored a hat trick at the recent INVEST Fair. It was voted Most Preferred Stock Brokerage Firm (gold), Most Preferred Financial Advisors (gold), and Most Preferred CFD Provider by the participants of the fair,1,381 words
-
-
Page 16 Advertisements
-
Advertisement1609 2016-09-28 16 Most Preferred ETF Provider Presented to you by Nikko Asset Management is the Most Preferred ETF Provider, a survey at INVEST Fair 2016 revealed. The firm manages two Exchange Traded Funds (ETFs) listed on the Singapore Exchange, namely, ABF Singapore Bond Index Fund and Nikko AM Singapore STI ETF. ABF1,609 words
-
-
Page 17 Advertisements
-
Advertisement1448 2016-09-28 17 Congratulations to our award winners! Voted by INVEST Fair visitors Walton International Group garners the Most Preferred Alternative Investment Provider Award Our methodical approach to the research, acquisition, administration and development of real estate assets across North America enables us to design and develop communities from the ground up. Walton1,448 words
-
-
REAL ESTATE
-
Article, Illustration1032 2016-09-28 18 Kalpana Rashiwala - Sing Holdings-Wee Hur JV beats 13 other bidders for state tender of 99-year leasehold land meant for private housing By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore DEVELOPERS continue to be hungry for land. A state tender on Tuesday for a 99-year leaseholdSource: URA - 1,032 words
-
Article, Illustration718 2016-09-28 18 Lee Meixian - By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THERE is a potential pricing arbitrage between the prime central business district (CBD) office market and prime metropolitan (or suburban) office market in Australia. While the country’s suburban offices may be performing better on severalSource: Colliers Edge - 718 words
-
445 2016-09-28 18 Soon Weilun - By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore FIVE teams have been shortlisted for their proposals for the Jurong Lake District Request for Proposal (RFP) exercise that is expected to appoint one of them as consultant by January next445 words
-
-
Page 18 Advertisements
-
Advertisement135 2016-09-28 18 QUEEN STREET VICTORIA STREET RAFFLES HOSPITAL BUGIS POINT 530 NORTH BRIDGE ROAD BEACH ROAD SOUTH BEACH PROJECT NICOLL HIGHWAY BUGIS POINT, 530 NORTH BRIDGE ROAD 999-Year 6-storey Commercial Building Heart of Bugis Site Area: Approx. 2,776 sq ft Total Floor Area: Approx. 16,975 sq ft Property comes with 6 strata135 words
-
Advertisement123 2016-09-28 18 a® (mm 77/78/79/80 AMOY STREET 3-Storey with Attic Prime Refurbished Shophouses with Lift 999-year tenure Total Site Area: Approx. 8,182 sq ft Total GFA: Approx. 23,814 sq ft Conservation with full commercial zoning Tanjong Pagar Telok Ayer MRT Stations Foreigners eligible to purchase Immediate rental income Contact: Investment Properties Sammi123 words
-
Advertisement15 2016-09-28 18 International Residential Property Services Vanessa Chan CEA REG NO. R*****31 +65 8125 7636 Vanessa.Chan@ap.jll.com JonesLangLaSallePropertyConsultantsPteLtdlCEALicenceNo.L*****26E15 words
-
Advertisement17 2016-09-28 18 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings17 words
-
-
BANKING & FINANCE
-
Article, Illustration601 2016-09-28 19 BLOOMBERG New York CBOE Holdings’ US$3.2 billion deal to acquire Bats Global Markets is some of the strongest evidence yet of exchange-traded funds’ growing importance on Wall Street. The acquisition, announced on Monday by the owner of the Chicago Board Options Exchange,BLOOMBERG - 601 words
-
724 2016-09-28 19 As they now risk sanctions for life for bad deals, they’re slowing deal-making and pushing decisions up the ladder REUTERS Hong kong BUSINESS development managers at Chinese state-owned firms have been put on notice: mess up on merger-and-acquisition (M&A) deals andREUTERS - 724 words
-
-
Page 19 Advertisements
-
Advertisement121 2016-09-28 19 *JV;$88 9 Welcome Gift* To welcome you to City Index, we're giving you $88 trading credit when you open a new trading account and make your first 10 trades. Don't miss out. •f;i Trade over 6,000 CFD markets Low commissions on equity CFDs just 0.08% on SGD denominated equities For121 words
-
-
ENERGY & COMMODITIES
-
894 2016-09-28 20 Riyadh now offering a deal to boost prices, Tehran is dragging its feet. At the centre of the reversal: contrasting thresholds for enduring pain BLOOMBERG London SUDDENLY the tables have been turned on Saudi Arabia. The biggest oil exporter hasBLOOMBERG - 894 words
-
Article, Illustration859 2016-09-28 20 BLOOMBERG Singapore CHINA cannot seem to avoid producing more steel than the world needs. After the government said in February that it would cut production capacity by as much as 13 per cent, a rebound in prices from theBLOOMBERG; PHOTO: REUTERS - 859 words
-
434 2016-09-28 20 BLOOMBERG San Francisco SOLARCITY Corp, the rooftop solar developer controlled by Elon Musk, was accused of misappropriating trade secrets and other intellectual property in a lawsuit over the development of shingled-cell solar modules. SolarCity got a head start in developing the modules afterBLOOMBERG - 434 words
-
-
Page 20 Advertisements
-
Advertisement216 2016-09-28 20 Joey Choy ShareInvestor Academy Trainer Joey is one of the Award-Winning Top Tier Remisiers (Stock Brokers) and Traders in Singapore. He was awarded Top CFD specialist in 2013, Top Account Growth Achiever and Top CFD Remisier in 2014 followed by Top Trading Representative in 2015 by Phillip Securities. His Signature216 words
-
Advertisement17 2016-09-28 20 y www.omy.sg SffsSfil Bli=®ISDE7 Get ynur frEE hdrdscdpe rEadings today! SCAN H Hi @lifestyle.omy.sg Chinese Language Content17 words
-
Advertisement17 2016-09-28 20 NOODLE AROUND NOODLES Rediscover instant mee with Singapore’s top chefs. Now cooking at leading bookstores and www.stpressbooks.com.sg17 words
-
-
TECHNOLOGY
-
350 2016-09-28 21 Adobe will bring creative marketing software programs like Photoshop to Microsoft’s Azure cloud service BLOOMBERG Seattle MICROSOFT Corp is joining with Adobe Systems Inc to offer cloudbased products to their large mutual customer base, helping the software giant to betterBLOOMBERG - 350 words
-
499 2016-09-28 21 Amit Roy Choudhury - By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore PRIME Minister Lee Hsien Loong will launch Singapore’s new cyber security strategy at the inaugural three-day Singapore International Cyber Week (SICW), starting on Oct 10. SICW is being organised by the Cyber Security Agency (CSA)499 words
-
466 2016-09-28 21 BLOOMBERG San Francisco SO FAR, Apple Inc’s HealthKit has mostly collected fitness data from its devices. In the future, if the company gets its way, the software will interpret that information, turning it into advice for users, doctors and others. ScoresBLOOMBERG - 466 words
-
-
Page 21 Advertisements
-
Advertisement619 2016-09-28 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STANDARD CHARTERED SECURITIES (SINGAPORE) PTE. LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****0557R NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of STANDARD CHARTERED SECURITIES (SINGAPORE) PTE. LIMITED deemed to have been619 words
-
Advertisement725 2016-09-28 21 II Hewlett Packard Enterprise Reimagine the server as a business booster. B 1 I IV HPE ProLiant Gen9 rack and tower servers with flexible financing and on-demand capacity. 1 I 47 Today’s business demands an agile IT that delivers innovation rapidly with bottom-line efficiency. Our Commute approach redefines data center725 words
-
-
CONSUMER
-
Article, Illustration1430 2016-09-28 22 Ian Rogers tasked almost a year ago to change its managers’ mindset; but sources say that takes time REUTERS Paris WHEN LVMH hired former Apple music executive Ian Rogers to craft a digital strategy, investors may have hoped forREUTERS; PHOTO: BLOOMBERG - 1,430 words
-
Article, Illustration356 2016-09-28 22 BLOOMBERG London ALDI’S UK business said that it will spend £300 million (S$529.6 million) making over its stores next year as it continues to ratchet up the pressure on Britain’s mainstream grocers. Outlets will be given a new format aimed toBLOOMBERG; PHOTO: BLOOMBERG - 356 words
-
445 2016-09-28 22 FreshDirect raises US$189m; Instacart gets cash injection from partner NYTIMES New York EVEN as technology companies old and new seek to enter the online grocery delivery business, one of the sector’s original ventures continues to find new backing. FreshDirect announced on Monday that itNYTIMES - 445 words
-
-
Page 22 Advertisements
-
Advertisement172 2016-09-28 22 NOTICES HANSA TANKERS PTE LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) Company Registration No. *****3811H NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementioned Company will be held at 50 Havelock Road, #02-767, Singapore *****0, on172 words
-
Advertisement17 2016-09-28 22 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices17 words
-
-
Page 23 Advertisements
-
Advertisement910 2016-09-28 23 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MARINTEKNIK DESIGN (S) PTE LTD (IN CREDITORS’ VOLUNTARY LIQUIDATION) UEN NO. *****2300D (THE “COMPANY") To: Members/ Creditors NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap910 words
-
Advertisement1188 2016-09-28 23 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF FLORENS CONTAINER SERVICES (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY NO: *****5368G NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO1,188 words
-
Advertisement3216 2016-09-28 23 LUM CHANG LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****3949N NOTICE OF ANNUAL GENERAL MEETING AND BOOKS CLOSURE NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 34 th Annual General Meeting of the Company will be held at Orchard Parade Hotel,3,216 words
-
-
GOVERNMENT & ECONOMY
-
Article, Illustration570 2016-09-28 24 REUTERS Kuala Lumpur MALAYSIA’S opposition expects to hammer out a new alliance by the end of the year as more members of scandal-tainted Prime Minister Najib Razak’s ruling party jump ship, a sacked deputy prime minister said on Tuesday. TheREUTERS - 570 words
-
Article, Illustration707 2016-09-28 24 Anti-globalisation rhetoric, Brexit push trade growth to its slowest pace since the financial crisis, it warns PHOTO: REUTERS AFP Geneva THE World Trade Organization (WTO) on Tuesday downshifted its global trade forecast, warning that antiglobalisation rhetoric and “Brexit” were pushing trade growth to itsPHOTO: REUTERS; AFP - 707 words
-
566 2016-09-28 24 REUTERS Beijing PROFITS in China’s industrial sector rose at the fastest pace in three years as the world’s second biggest economy showed more signs of stabilising, though some private forecasters said that the improvement may be more fleeting than real.REUTERS - 566 words
-
Article, Illustration637 2016-09-28 24 AFP New Delhi POLLUTED air is a “public health emergency”, the World Health Organization said on Tuesday, adding nine out of 10 people globally breathe bad air that is blamed for more than six million deaths a year. And the WHO warned that nearlyAFP; PHOTO: AFP - 637 words
-
Article, Illustration424 2016-09-28 25 REUTERS Manila A VISIT to China by a Philippine special envoy tasked with rebuilding tattered ties with Beijing has been cancelled, his aides said on Tuesday, the latest turn in a foreign policy increasingly unpredictable under the new president. Fidel Ramos, presidentREUTERS - 424 words
-
430 2016-09-28 25 REUTERS Bangkok THAILAND is investigating four suspected cases of Zika-related microcephaly in three babies and a 36-week old unborn baby, the public health minister said on Tuesday, in what could be the first cases of Zika-linked microcephaly in South-east Asia. Several countriesREUTERS - 430 words
-
739 2016-09-28 25 Justice Dept seeking forfeiture of all funds held in 25 bank accounts associated with DHID and its front companies REUTERS Washington THE United States said on Monday that it had sanctioned a Chinese industrial machinery and equipment wholesaler, a newREUTERS - 739 words
-
611 2016-09-28 25 AFP Seoul THE owner of Poom Seoul, an upmarket restaurant in South Korea’s capital, is seriously considering closing her business, as customers dwindle ahead of new anti-graft laws designed to curb paid-for favours. The law, which comes into effect on Wednesday, will makeAFP - 611 words
-
-
Page 25 Advertisements
-
Advertisement9 2016-09-28 25 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
-
-
TRANSPORT
-
742 2016-09-28 26 DAVID HUGHES - in light of the recent Danish court case, IBIA is working to weed out fraudulent practices and so improve operating conditions for ethically run bunkering businesses STRAIT TALK BY DAVID HUGHES According to the event organisers, some 1,500 participants from 500 companies and742 words
-
251 2016-09-28 26 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore PASSENGER traffic at Changi Airport dipped marginally in August, down 0.6 per cent vis-a-vis the corresponding month in 2015 where Singapore celebrated its Golden Jubilee. The last time passenger traffic dropped was in January last year, when251 words
-
304 2016-09-28 26 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore JETSTAR Asia is seeking to grow its freight business as e-commerce continues to pick up pace in the region. The budget carrier has appointed ECS Group (Asia Pacific) as its general sales agency for its304 words
-
Article, Illustration596 2016-09-28 26 BLOOMBERG Copenhagen AP Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd. Hanjin Shipping CoBLOOMBERG - 596 words
-
947 2016-09-28 26 BLOOMBERG Tokyo TAKATA Corp and some of the world’s biggest carmakers face an extensive and expensive to-do list as they try to resolve the worst safety crisis in the car industry’s history. Executives for the Tokyo-based makerBLOOMBERG - 947 words
-
-
Page 27 Advertisements
-
Advertisement1975 2016-09-28 27 S-*- THE BUSINESS TIMES SHIPPING TIMES C a i l a n ~E n n o B r i s b a n e r e J e d d a h Shanghai Chittagong Ho Chi Minh H o n g J e b e l A i K o1,975 words
-
Advertisement244 2016-09-28 27 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 122 PRW006 29/09/2016 30/09/2016 Pelindo/Perawang DAILY Marco Polo 108 BST224 29/09/2016 30/09/2016 Buatan/Buatan DAILY Marco Polo244 words
-
-
OPINION
-
563 2016-09-28 28 EDITORIAL OUTGOING US President Barack Obama hopes that one of his top foreign policy legacies would be his policy of re-orienting or “pivoting” America’s geo-strategic and geo-economic direction from Europe and the Middle East to East and South563 words
-
Article, Illustration1382 2016-09-28 28 Leon Hadar - It’s doubtful that the debate makes or breaks a presidential candidate. History provides examples By Leon Hadar Washington LET’S start by challenging a myth about American presidential campaigns: No one really “wins” a presidential debate, if by “winning” we mean that the candidate’s performancePHOTO: AFP - 1,382 words
-
677 2016-09-28 28 David Marsh - THE BOTTOM LINE By David Marsh T The writer is managing director of the Official Monetary and Financial Institutions Forum OMFIF THE need for a “grand bargain” in Europe to relax fiscal policy and tighten the European Central Bank’s (ECB) monetary stance isOMFIF - 677 words
-
880 2016-09-28 29 Viral V Acharya; Sascha Steffen; Diane Pierret - COMMENTARY By Viral V Acharya Sascha Steffen Diane Pierret T The writers are, respectively, professor of economics at NYU’s Stern School of Business; assistant professor at the Institute of Banking and Finance at HEC, University of Lausanne; and professor of finance880 words
-
560 2016-09-28 29 Mark Crosby - By Mark Crosby Melbourne FOR Britain and the European Union, Brexit should be an opportunity to reset, not a time for retribution. The EU’s overly ambitious but underachieving drive for economic centralisation has distracted from the desperate need for strong reforms in Europe’s major economies.560 words
-
Article, Illustration1837 2016-09-28 29 AVI LIRAN; AND SIMON DOLAN - The Wells Fargo scam fiasco has produced no senior-level resignations at the bank to date nor any return of personal windfalls from the fraud. BY AVI LIRAN AND SIMON DOLAN BY AVI LIRAN AND SIMON DOLAN T Avi Liran is aPHOTO: BLOOMBERG - 1,837 words
-
-
Page 28 Miscellaneous
-
Miscellaneous134 2016-09-28 28 Singapore Press Holdings News Centre, 1000 Toa Payoh North, Podium Level 3, Singapore *****4 SPH 6319-6319 BT 6319-5360 FAX: 6319-8278 Customer service: 6388-3838 www.businesstimes.com.sg Press releases: btnews@sph.com.sg Letters: btletter@sph.com.sg chief executive officer singapore press holdings ALAN CHAN deputy chief executive officer singapore press holdings PATRICK DANIEL editor-in-chief (english/malay/tamil media group)134 words
-
-
LIFE & CULTURE
-
Article, Illustration616 2016-09-28 30 Natalie Koh - His passion for watches dates back to his youth when his father gave him his first timepiece By Natalie Koh natksl@sph.com.sg @NatalieKohBT Singapore JAZZ musician Jeremy Monteiro is celebrating his 40th anniversary in show business with a star-studded concert this Friday, but the jazz616 words
-
Article, Illustration571 2016-09-28 30 AFP London A GIANT backside, a mountain of money and chastity belts suspended from a ceiling: the Turner Prize once again looks set to divide the contemporary art world after unveiling the finalists in London on Monday. The four shortlisted artistsAFP; PHOTOS : AFP, REUTERS - 571 words
-
-
Page 30 Advertisements
-
Advertisement15 2016-09-28 30 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements15 words
-
-
Page 30 Miscellaneous
-
Miscellaneous329 2016-09-28 30 CRYPTIC CROSSWORD Across 1 Anticipates a guru’s breaking down (6) 4 ‘The Mount’ a suitable address for a cardinal (8) 9 It’s spent on railway food (6) 10 Rations for the fleet? (4,4) 12 What it’s like in the Kalahari Desert (4) 13 Sort of trap for a bird (5)329 words
-
-
Page 31 Advertisements
-
Advertisement153 2016-09-28 31 Subscribe with SCI at Philips Fair and receive a A o LJ Q VOUCHER PHILIPS FAIR Sg% EXCLUSIVELY FOR NTUC MEMBERS x W 0F J 1-2 OCT 2016 11AM-7PM D’MARQUEE, DOWNTOWN EAST NTUC members will enjoy additional 20% OFF total purchases. THE STRAITS TIMES .a =3M BeritaHarian .j J THE153 words
-
-
EXECUTIVE MONEY
-
Article, Illustration906 2016-09-28 31 inflow of Chinese money especially in the small-caps market could displace Western investors within 5 years REUTERS Shanghai CHASING higher returns in a slowing economy, Chinese investors could soon dominate Hong Kong’s stock market, likely redefining howREUTERS; PHOTO: BLOOMBERG - 906 words
-
Article, Illustration649 2016-09-28 31 BLOOMBERG Shanghai CHINA has stanched a string of defaults and further speculation that authorities will continue to stave off failures is leaving investors the most bullish on local junk bonds in five years, despite record maturities. Only two notesBLOOMBERG; PHOTO: BLOOMBERG - 649 words
-
Article, Illustration524 2016-09-28 31 BLOOMBERG Singapore THERE is a dollar squeeze in Asia, but it’s nothing like the crunch of 2013. Unlike three years ago, the banking system most exposed to tight hard-currency funding conditions isn’t India. It’s Malaysia. And that’s probably one reason investors are nervousBLOOMBERG - 524 words
-
Article, Illustration1432 2016-09-28 32 Shady dealings by Hong Kong’s ‘Lo Tsin’ firms get caught in the crosshairs of China regulators BLOOMBERG Hong Kong THE notorious “Lo Tsin” of Hong Kong’s equity market are suddenly in the spotlight. Slang for “tricksters” in Cantonese, the phrase has long beenBLOOMBERG; PHOTO: REUTERS - 1,432 words
-
594 2016-09-28 32 France’s Natixis SA pioneers novel but controversial move BLOOMBERG London THE bullish stock recommendation came with a warning: the company paid us to write this. With brokers increasingly unable to subsidise research with indirect payments, France’s Natixis SA is pioneering a novel approach: chargeBLOOMBERG - 594 words
-
Article, Illustration972 2016-09-28 32 BLOOMBERG New York RICHARD PERRY, one of the biggest names in hedge funds, is calling it quits after 28 years. Mr Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuousBLOOMBERG; PHOTO: BLOOMBERG - 972 words
-