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September 2010
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Archive for September, 2010

Sentiment perks up in Asia markets

AFTER two days of nervousness sparked by concern over the health of Europe's corporate and sovereign markets, there were signs of slightly firmer sentiment across Asia yesterday. But a dip in Wall Street index futures and a weaker opening in Europe led to Singapore and several other Asian bourses giving up some of their early gains towards the close of trading. Still, accumulation of blue chips li... more

USD Falls As Consumer Sentiment Drops To 7-Month Low

The dollar fell versus most of its rivals on Tuesday as weak US economic data fueled speculation that the Federal Reserve will begin another round of quantitative easing. US bonds rose and gold reached a record high. Treasury's $35 billion five-year note auction sold at a record low yield of

Condo in Kembangan launches preview

A JOINT venture between Hoi Hup Realty and Malaysia's Sunway group is previewing Vacanza @ East, a freehold condo in the Kembangan area, today. The average price is expected to be slightly over $1,000 per square foot for the 141 units being released in two blocks of the 12-storey project. The project will have a total 473 units in seven blocks. The project comprises one to four-bedroom units as we... more

Forex Exchange Morning Report

Risk appetite was much stronger on Friday night after positive surprises from data in Europe and the US. Germany's IFO gave the EUR a boost, while US durable goods order (ex-transport) pushed global equities higher. A prominent hedge fund manager (Apaloosa) helped sentiment by opining the US central bank's “put'

Stocks avoiding September swoon in a big way

Investors will head into this week wondering if September will end as strongly as it began, with manufacturing and personal income data among the top indicators on tap.

Business - Investing - Stocks and Bonds - Equities - Gross domestic product

Fed QE2 is Far from a Done Deal

The Fed took another baby-step toward further unconventional easing, formally indicating it would provide additional accommodation to support the economic recovery if necessary. Previously, only comments by Fed Chair Bernanke had signaled such actions. The FOMC statement also noted low inflation levels and hinted at policy actions to restore inflation
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