Philip Chua Business Blog

Posts Tagged ‘face’

FINANCE Minister Tharman Shanmugaratnam yesterday said the government will use every tool at its disposal ‘in a calibrated fashion’ to prevent boom and bust in the property market. One day after the Monetary Authority of Singapore served notice of further action to cool the housing market if needed, in the face of growing speculation risks, Mr Tharman spoke about the need to manage the property cy… more

(SINGAPORE) Go for higher growth and develop ‘real depths of capabilities’ in seven or eight areas. That, in a nutshell, is an economic strategy Finance Minister Tharman Shanmugaratnam sees for Singapore in the face of growing volatility.
‘Don’t go for a lower growth path for the sake of managing volatility. Go for a higher growth path but prepare our businesses and our workers well for the occas… more

MONTH-END ‘window dressing’ when fund managers beef up their portfolios to put on their best face for their clients turned out to be something of a disappointment yesterday.
Nerves had been set on edge after consumer confidence in the United States fell unexpectedly last month, overshadowing signs of a stabilisation in housing.
This undermined markets in Asia, including Singapore. The benchmark St… more

The effect of the weak dollar is again pushing oil prices higher in the face of little demand for energy and huge surpluses of crude.

In a rerun of last year when the RBA went from indicating a tightening bias in May/June to revealing scope to cut rates in the Governor’s August Statement, we have seen another spectacular about face in the Bank’s August Statement on Monetary Policy. Recall the phrase “scope for further easing”…

THE good news, it seems, has all been exhausted as of now. In the week to yesterday, there was nary anything newsworthy that would provide a lift to the stock markets around the world.
In the face of the uncertain upcoming second quarter earnings reporting season, few new buyers entered the market. As a result, prices drifted lower.
Our small-cap portfolio slid 1.4 per cent compared with a week ag… more

Local officials in city and county governments across the country are scrambling to maintain services in the face of a sharp drop in revenues. By John W. Schoen.