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Business Times Online - All The Headlines
The Business Times Online Edition - Singapore
- New Vietnam blooms for the diaspora
(HO CHI MINH CITY) TIFFANY Nguyen sauntered down Dong Khoi Street, swatting mosquitoes in the sticky heat. Wearing three-inch black heels, she plunged through a crush of motorbikes spewing smoke and blasting horns, dashing towards a nearby restaurant to meet a friend. - Japan's media criticise Honda over F1 pullout
(TOKYO) Japanese newspapers levelled harsh criticism at cash-strapped Honda Motor over the weekend after its abrupt withdrawal from Formula One. - Groups declare plans for coalition Thai govt
in Bangkok - HSBC sets up US$5b fund to raise credit access
(MELBOURNE) HSBC Holdings plc, Europe's largest bank, created a US$5 billion fund to increase access to credit for small and medium-sized businesses. - Planemakers face spectre of white tails
(PARIS) It's a tense time to be building jets. Rivals Airbus SAS and Boeing Co are carefully managing their bulging order books so that delayed or cancelled orders from airlines don't turn into 'white tails' - jets built with nowhere to go. - Dreamliner delivery pushed back again
(NEW YORK) The Boeing 787 Dreamliner is facing yet another delay, and the first plane will not be delivered until 2010 at the earliest, nearly two years behind the original schedule, according to senior airline executives. - D-Link eyes modest gains in 2009
DESPITE Singapore's gloomy economic prognosis, D-Link International is confident of modest growth next year, with product diversification helping to make up for slowing demand in its Internet router stronghold. - Hynix slashes exec pay in recovery effort
(SEOUL) South Korea's loss-making Hynix Semiconductor Inc said yesterday it will slash executive pay and ranks and encourage some employees to quit in an effort to return to profitability amid a serious downturn in the memory chip industry and global economy. - S'pore IT market to grow 1.5%
SINGAPORE'S IT market will grow far more slowly than the rest of the region, according to the latest estimates from research group IDC. Growth in Singapore's IT market is expected to slow to a mere 1.5 per cent, far lower than the 5.8 per cent growth expected across the Asia-Pacific excluding Japan (APEJ). - TV broadcasters should embrace IPTV standards
TV broadcasters should embrace a set of Internet Protocol television (IPTV) standards now being forged by a year-old IPTV coalition called Open IPTV Forum, said Ericsson IPTV sales development head Eugene Sarmiento. - Charity begins at home
WHILE their peers were preparing for examinations in May, a group of 10 Singapore Institute of Management (SIM) students from Myanmar had more important things to do. - Next destination: The MBA
AS the financial melt-down wreaks havoc worldwide, dragging economies into recession and forcing companies to slash jobs, there appears to be a silver lining - for the business education industry, at least. - China, India move to cut domestic prices
(NEW DELHI) China and India on Friday moved to cut domestic prices for the first time in nearly two years, curtailing refinery profits to help stimulate growth in their flagging economies and to contain popular discontent. - Taiwan businesses see lift from govt vouchers
in Taipei - CIC won't bail out Western financial firms: exec
(SHANGHAI) China Investment Corp (CIC), the country's US$200 billion sovereign wealth fund, is unwilling to bail out troubled Western financial firms because of unfair restrictions on its investment, a deputy general manager of the fund said over the weekend. - Companies doing more to protect liquid assets
CORPORATE treasuries are doing more to safeguard their liquid assets as liquidity becomes increasingly precious in today's tight credit environment, analysts say. - Memory Devices changes year-end to Mar 31
MEMORY Devices said it has changed its financial year-end from Dec 31 to March 31 next year, as its operational review and rationalisation has disrupted its business and now requires more time to prepare for the statutory audit. - No damage to Indiabulls trust assets
INDIABULLS Property Investment Trust (IPIT) said the series of coordinated attacks in Mumbai last month did not cause any physical damage to its properties, which are located away from the main central business district. - Making sense of the Black-Scholes model
EVEN though most investors know that issuers use the Black-Scholes (B-S) model to price warrants or make implied volatility estimates, many may not be able to make sense of the model because it appears as a jumble of mathematical symbols. - CCT, Suntec, Parkway Reits pick of analysts
TWO research firms - Nomura and CIMB - have issued 'buy' calls on CapitaCommercial Trust (CCT) in recent reports. - KepCorp set to deliver rig ahead of time
KEPPEL Corp's offshore and marine unit said it is on track to deliver its second jack-up rig for Virtue Drilling, an associate of India's Jindal Drilling & Industries, ahead of schedule and without incidents. - Directors take it cautious in a turbulent week
THE 4.2 per cent gain in the market in the last week of November was wiped out last week as The Straits Times Index closed 4.4 per cent lower at 1,659.17 points on Friday. - 'Obama thinks with mind open, Larry thinks with mouth open'
(NEW YORK) One quiet Friday in June 2006, Lawrence Summers stepped down as president of Harvard University. Few of the undergraduates for whom Mr Summers, a former Treasury Secretary, used to sign dollar bills were around. Most of his staff, including his driver, had been reassigned. - The US needs a trillion dollar fix
(NEW YORK) The one thing that isn't shrinking in the US economy these days is the size of the stimulus package that financial advisers say is needed to turn it around.