Paris Hilton, who was arrested over the weekend on suspicion of cocaine possession, is claiming that the drugs found in handbag were obtained illegally and are therefore inadmissible as evidence.Hilton, 29, was arrested Friday when .8 grams of “cocaine in a clear baggy” fell from her purse after police reported smelling marijuana emanating from [...]
Archive for August, 2010
Yongnam wins $25m MRT Downtown Line 2 contract
August 31st, 2010 |
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Yongnam Holdings, the structural steel contractor and specialist civil engineering solutions provider, has been awarded its first contract for the MRT Downtown Line 2 (DTL 2) valued at $25 million.
The 16.6km long Downtown Line 2 comprises of one depot and 12 stations including three interchange stations. DTL 2 will link to the North-East Line, the North-South Line and the Circle line.
Yongnam says the contract comprises the constructiion of a Cut and Cover Tunnel and the Tan Kah Kee station.
M1 to launch high-speed fibre broadband service
August 31st, 2010 |
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M1 says it will launch its high-speed fibre broadband service with speeds of up to 1Gbps and fixed voice service starting next month.
Four new broadband plans for residential customers with downlink speeds of 1Gbps, 100Mbps, 50Mbps and 25Mbps will be offered on the new fibre network. They will also provide maximum uplink speeds of up to 500Mbps to ensure the best streaming and gaming experience for customers.
F J Benjamin takes majority stake in Catherine Deane’s Arcangel
August 31st, 2010 |
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F J Benjamin Holdings has taken a controlling stake in Arcangel, a brand development and design company owned by one of London’s hottest designers, Irish-born Catherine Deane.
Under the agreement, F J Benjamin purchased 60% stake in Arcangel for US$500,000 ($678,150), making Arcangel a subsidiary of F J Benjamin.
Samantha Ronson Dog Cadillac Named In Fatal Mauling
August 31st, 2010 |
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Samantha Ronson, celebrity mixmistress and ex-girlfriend of scandal-bitten actress Lindsay Lohan, is at the center of a doggone controversy after her bulldog Cadillac was named in a mauling Los Angeles Monday that left a smaller dog dead and a horrified pet owner who witnessed the fatal attack nursing injuries.On Monday afternooon, LAPD officials received a [...]
Sarin launches DiaExpert Nano with enhanced capabilities
August 31st, 2010 |
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Mainboard-listed Sarin Technologies, the manufacturer of precision products for the evaluation of diamonds and gems, says it has launched the enhanced DiaExpert Nano rough planning and marking system with an extended range to cover small- to medium-sized rough diamonds.
Sarin says the DiaExpert Nano 6.5 can process diamonds from 0.15 to 0.70 carats in weight in less than one minute total, which includes the time it takes for modelling, planning and marking.
The previous model of DiaExpert Nano system was designed for small rough diamonds between 0.01 and 0.30 carats in weight.
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Brocade Offers ServerIron ADX 4000 ASM-4 Bundle
August 31st, 2010 |
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With the release of the ServerIron ADX 4000 ASM-4 bundle, Brocade introduces virtualization-optimized application delivery solutions for cost-conscious businesses. – Networking solutions specialist Brocade announced the availability
of application delivery hardware and software solutions specifically
designed for small and midsize businesses. The new extension to
the Brocade ServerIron ADX 4000, an entry-level chassis solution that
provides Layer 4-7 switchi…
Cancer Fears Keep Lady Gaga Disconnected From Cellular Craze
August 31st, 2010 |
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You might not take a woman brave enough to leave the house wearing heelless platforms or a vest made of Kermit The Frog plushies for a paranoid health nut, but well-placed tattles claim eccentric pop tart Lady Gaga is so terrified the radiation emitted from cellphones will give her a brain tumor that she gets [...]
Lindsay Lohan Vanity Fair Magazine October 2010
August 31st, 2010 |
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Lindsay Lohan admits making mistakes in the past and “dabbling in certain things,” but the troubled starlet is confident she’s still got the stuff that Hollywood legends are made of and she “wants her career back.”Lohan is trying to revive her fledgling career by appearing on the cover page of Vanity Fair’s October issue. [...]
STI falls 0.2% to 2,950.33 at closing
August 31st, 2010 |
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Singapore’s Straits Times Index fell 0.2% to 2,950.33 at the close. The gauge declined 1.3% this month, the first drop since May. Fourteen stocks dropped, while 13 rose on the 30-member gauge.
Shares on the measure trade at an average 14.3 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to Bloomberg data. The following shares were among the most active in the market.
Singtel Optus hires banks for European bond investor meetings
August 31st, 2010 |
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SingTel Optus Pty, a unit of Southeast Asia’s largest phone operator, hired BNP Paribas SA, Citigroup Inc., HSBC Holdings Plc and JPMorgan Chase & Co. to arrange bond investor meetings in Europe, according to two people with knowledge of the sale.
The meetings will start in London on Sept. 3, the people said.
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Dubai Drydocks’s suit against Singapore tycoon Tan dismissed
August 31st, 2010 |
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A Singapore court dismissed a suit by Dubai’s Drydocks World LLC against Singaporean tycoon Tan Boy Tee for breaching an agreement tied to a $2.4 billion takeover deal.
Drydocks, which sued Tan for breaching a three-year non- compete clause, relied on “hearsay evidence,” Singapore High Court Judge Lai Siu Chiu said in an Aug. 25 ruling, publicly released today. Dubai World’s ship-repair unit is appealing the decision, according to the ruling.
Singapore’s population growth slowest in six years
August 31st, 2010 |
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Singapore’s population increased in 2010 at its slowest pace in six years and the rise in the number of foreigners continued to outpace that of citizens, a sensitive issue in the country.
In the year to June 2010, the population increased 1.8% to just over 5 million, marking the smallest rise since 2004 and a slowdown compared with 3.1% in the year to June 2009, government figures showed.
Morning Crunch Crumbs: Snazzy Napper Is The New Snuggie; Fantasia Pregnant With Married Beau’s Baby? Yikes! Bedbugs Invade Toronto Film Festival
August 31st, 2010 |
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-Could the Snazzy Napper be the New Snuggie? -Corinne Day, the celebrity photographer credited with discovering model Kate Moss, has lost her battle against brain cancer…. -Nuns from a Pennsylvania convent are preparing to host an annual surfing contest in Stone Harbor, New Jersey…. -A Battle Royale is brewing between an Ohio church and a local strip club…. -Domestic [...]
SMX debuts with limited volumes in gold, crude, dollar
August 31st, 2010 |
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The Singapore Mercantile Exchange (SMX) launched gold, oil and euro-dollar futures on Tuesday and received a muted response from investors.
Gold (SMAUc1) was the most popular contract trading a total of 61 lots by 0755 GMT, each of 32 ounces, or 1,952 ounces. The euro-dollar futures (SMEUc1) were second with 23 lots traded, equivalent to a little under 1.1 million euros ($1.89 million) in value.
Google Translate Update
August 31st, 2010 |
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Yesterday Google announced that it had updated the look of its Google Translate tool. According to the Google Translate blog, the company is in the process of rolling out various changes that will improve both the look and feel of the tool. If you log onto the service now you may or may not see [...]
GBP/USD Performance Chart as at 7:00 p.m. Singapore time, 31/08/10
August 31st, 2010 |
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Department of Justice Wants More Info on Google-ITA Deal
August 31st, 2010 |
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A while back we blogged about Google’s proposed purchase of flight information provider ITA Software. Looks like things are getting a little hotter in Googleville! The Department of Justice is apparently very interested in this acquisition and has decided to expand an ongoing investigation. The deal is going to cost around $700 million and is [...]
Ascendas India Trust target raised to $1.18 by Citi
August 31st, 2010 |
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Citigroup lifts Ascendas India Trust (CY6U.SG) target price to $1.18 from $1.05 after adjusting valuation metrics, keeping Buy call, according to Dow Jones.
Citi tips REIT as defensive play on Indian property, offering 12-month yield of 8.0% vs 5.0%-7.0% for Singapore peers. Research house says portfolio vacancy remains low, with income stream steady. Adds, growth opportunities abundant with capacity to develop another 2.5 million sq ft of space at its Bangalore premises.
REIT off 1.0% at $0.96.
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More Google Improvements Made Last Week
August 31st, 2010 |
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Google announced some pretty helpful search enhancements late last week that should be rolling out now, if not already. Here are a couple more if you weren’t already aware of them: More Local Results in Maps & Markers Searching for places now shows all of the results that match the query you’ve entered on the [...]