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Nieuws - Dagelijks weerbericht - Hotels in Singapore
LAST week's column recommended selling into strength and although the Straits Times Index rose over the course of five days, little has occurred that leads us to change this view. It's our conviction - outlined in great detail in Saturday's column - that the index's surprise rise was largely due to a short-squeeze triggered by a sudden push on Jardine stocks that sent the STI up sharply and that there has been no widespread investor participation despite the numbers showing daily volume in excess of $1 billion.
Retail sales, on a seasonally adjusted basis, increased by 5.8% in Jan 2010 compared to Dec 2009. Excluding motor vehicles, retail sales went up by 4.6%. The seasonally adjusted catering trade increased by 0.7% in Jan 2010 over the previous month.
HAVING reaped benefits from introducing alcohol-free printing on five of its seven web presses, locally based Times Printers plans to extend the system to its plants in China and Malaysia.

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