Philip Chua Business Blog

Posts Tagged ‘crisis’

THE financial crisis put the squeeze on executive pay last year, with almost half of the top brass at Singapore's leading firms having their salaries frozen or even cut. A survey has found that 44 per cent of chief executives, chief financial officers and business unit heads saw their salaries staying flat or falling last year, compared with 23 per cent of executives in the 2008 financial year. ... more

CRISIS in the eurozone is unlikely to derail Asian growth significantly, says Societe Generale Private Banking economist and strategist Xavier Denis. But there is still downside risk in equity markets. And, those who reckon they want to take some risk may do better buying US equities rather than Asian or emerging markets equity. Mr Denis says the retracement of stock markets is a welcome correctio... more

Global equities have continued to tumble with growing geopolitical tensions in the Korean peninsular coming on top of fears that the euro-zone sovereign debt crisis is spreading to the financial system. Concerns about Spain saw the spread between US 3-month Libor and the OIS rate widen to 32bp, while the

The Federal Reserve will soon begin testing a new tool to soak up vast sums of money it injected into the economy to stem the financial crisis.



Federal Reserve System - Financial crisis - Central bank - Federal Reserve - Finance

The gut-wrenching stock market plunge Thursday reflected growing worries about a widening financial crisis in Europe spinning out of control.

WITH Wall Street sliding last Friday amid the widening probe into Goldman Sachs and concerns about the sovereign debt crisis in Europe, it won't take a genius to figure out which way Asian markets will head for in today's opening. Given the volatility and constantly changing newsflows, market players have increasingly become momentum traders. And this is likely to continue until some of the grey c... more