Philip Chua Business Blog

(SINGAPORE) After a slow start to the year, the market for initial public offerings (IPOs) may still end 2010 with a bang if some highly anticipated mega IPOs make their way here. Industry players are expecting at least three blockbuster listings by the end of the year, of which two are linked to the Singapore government. If that materialises, 2010 will shape up to be a stronger year than 200... more

Large bounce in risk sentiment. US equities (S&P500) are currently 3.0% higher following a day of news conducive to risk seeking. The earlier solid outcomes for Australian GDP and Chinese manufacturing set the starting tone for the European and US sessions, partly explaining the modest effect the weak US (ADP)

THE population of Singapore crossed 5 million in June, even as the increase in the number of permanent residents (PRs) slowed to a trickle over the past year. Key findings from the latest 2010 census show the number of PRs grew just 1.5 per cent this year - down sharply from 11.5 per cent in 2009. Between 2005 and 2009, annual growth in PRs averaged 8.4 per cent. Growth in the number of 'non-resid... more

No follow through from Friday. Expectations for the US data releases may have been higher than the published consensus, because the releases coincided with the clear turnaround in US equities. Personal spending slightly beat consensus but personal income just missed, questioning the sustainability of the former. The S&P500 is currently

The New Zealand economy released a widen in the trade balance for the first time in seven months during July, as the New Zealand imports of vehicles and petroleum products increased, which has a negative effect on gains in the exports of milk powder, butter and cheese.

With the market down three weeks in a row, investors are understandably grim. But there is a silver lining.


Silver - Business - Investing - Precious metal - United States