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SINGAPORE, March 1 Asia Pulse - Highlights of today's newspapers:
THE STRAITS TIMES
- Starhub yesterday announced solid net profits of $100 million for the nine months ended Dec 31 and said it was aiming for a listing on the Singapore Exchange (SGX), probably next year.
- The Singapore bourse yesterday greeted with a yawn Federal Reserve chairman Alan Greenspan's remarks late on Wednesday that the United States economy is on the mend.
- Trying to supervise banks is becoming harder as they transform into conglomerates with businesses spanning nations and industries.
- The Singapore Exchange (SGX) chalked up a 15.8 per cent increase in interim earnings to $21.7 million for the six months ended Dec 31 against the same period in 2000.
- Listed Taiwanese snacks maker Want Want Holdings saw a sparkling 45 per cent rise in net profit to $168.5 million for the year ended Dec 31 last year.
Source: HighBeam Research, SINGAPORE NEWSPAPER HIGHLIGHTS - MARCH 1, 2002.