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Business Times Online - All The Headlines
The Business Times Online Edition - Singapore
- NZ votes moderate John Key into power
(WELLINGTON) New Zealand entered a new era of conservative rule yesterday, with incoming prime minister John Key promising to be a moderate amid fears that some of the country's policies on global warming and indigenous people could be rolled back. - Speculation over new home for deposed Thai PM
(BANGKOK) Britain's decision to revoke the visas of ousted Thai premier Thaksin Shinawatra and his wife provoked speculation in local press yesterday over where the self-exiled leader might set up home next. - EU aircraft emissions rule against law: US
(LONDON) The new European Union rule imposing tougher pollution limits on US airlines violates international law and will likely result in a legal challenge, US government officials say. - Airbus orders fall in 1st 10 mths
(LONDON) Airbus SAS's orders in the first 10 months of the year dropped 34 per cent to 675 planes as declining traffic and airline bankruptcies forced cancellations on the world's largest maker of commercial aircraft. - BA shares soar despite £49m first-half loss
(LONDON) British Airways plc (BA) on Friday reported a first-half net loss of £49 million (S$114.8 million), as record-high oil prices and a global economic slowdown hit the airline's bottom line. - Mobile broadband set to soar in Asia
THE number of subscribers to High Speed Packet Access (HSPA) services - a technology that enables broadband access on mobile phones and other computing devices - will more than double next year in Asia, according to a forecast by telco industry group GSM Association (GSMA). - Asian game firms urged to ride 'machinima' wave
ASIAN game developers are urged to embrace a budding cinematic movement known as machinima. - Microsoft gives free software to startups
(LOS ANGELES) Microsoft said last Wednesday it is giving free software to startups around the world to encourage them to develop products that span the Web, PCs and phones. - Singapore telco firms spread wings to Brazil
IN keeping with the idea that telecommunications has made the world a much smaller place, half a dozen small Singaporean firms, all operating in the telco and wireless arena, last month went all the way to Brazil in search of business opportunities under the aegis of International Enterprise (IE) Singapore. - Ex-Microsoft executive to helm EMC's IT ops
STORAGE giant EMC has promoted Sanjay Mirchandani to chief information officer, overseeing its technology initiatives across the globe. - New IBM software to track meat expiration dates
(NEW YORK) International Business Machines Corp, the world's largest computer-services company, is testing a wireless-tracking program for German retailer Metro AG that helps keep meat from going bad on supermarket shelves. - Blackberry Bold gets good response in US
(SAN FRANCISCO) Research In Motion Ltd's BlackBerry Bold, competing with Apple Inc's iPhone, has received a 'fantastic' reception from customers, according to AT&T Inc wireless chief Ralph de la Vega. - No currency risk? Think again
THE current financial turmoil is causing not only huge fluctuations in stock markets but violent ups and downs in the foreign exchange market. - ok
WITH prices up and the economy down, we asked young readers last week what they are doing to manage their own cash flow and to share personal tips on cutting daily spending, as well as investing. Here are some of their replies, compiled by - GM in talks to raise stake in China venture
(BEIJING) General Motors Corp (GM), the biggest overseas car maker in China, is in talks with a local partner to increase its stake in a venture that produces vans and light trucks under the Wuling brand. - Li & Fung stops hiring, cuts staff and costs
(HONG KONG) Hong Kong-based consumer goods exporter Li & Fung Ltd has imposed a hiring freeze, will lay off some employees and reduce travel and other expenditure due to the global financial crisis. - China think tank proposes stock fund
(BEIJING) China's top think tank has proposed creating a fund of 600-800 billion yuan (S$130-174 billion) to buy shares of 50 state-owned companies if stocks dip below a key threshold, a newspaper reported on Saturday. - Dalian exchange's future lies in soya trade
(BEIJING/SINGAPORE) In a busy port city in north-eastern China, the Dalian Commodity Exchange is quietly coming of age as the reference point for the global soya trade. - Q3 earnings down 15.7% at $4.13b
BANKS dragged down earnings this season, as total third-quarter net profit dropped 15.7 per cent year-on-year to $4.13 billion from the 132 listed firms that have reported results thus far. - United Fiber sues Merrill Lynch
(MANHATTAN) Merrill Lynch & Co was sued by United Fiber System Ltd, a Singapore-based forestry company, and accused of backing out of a 2006 deal to provide takeover financing due to pressure from non-governmental organisations (NGOs). - OCBC launches new savings scheme
(SINGAPORE) OCBC has introduced a savings scheme that rounds up customers' credit and debit card purchases to the nearest dollar and doubles the difference in the first three months from the date of application. - Sharp fall in buying by directors amid market gains
BUYING by directors fell sharply last week as the market gained another 3.6 per cent to close at 1,863.49 points on Friday. The slowdown in the buying was expected as the Straits Times Index (STI) has gained more than 263 points or 16.4 per cent in the past two weeks. - Must minorities just take it or leave it?
IN A disclosure-based regulatory regime, a question at the back of the minds of many minority shareholders is often 'What next?'. So long as nothing untoward happens that should catch the attention of the authorities, there is not much that unhappy minority shareholders can do except to sell out, even if there is evidence of poor management or weak corporate governance, or if board decisions go against their perceived interests.