Philip Chua Business Blog

Posts Tagged ‘faith’

MOST people place their faith in the disclosure-based model which says that the more information financial advisers and companies are made to tell the public, the better. This is the rationale behind Regulation Full Disclosure (RFD) in the US and the Sarbanes-Oxley Act of 2002, and is the preferred regulatory approach that has evolved over the past decade in tandem with deregulated markets.
Howeve… more

PRUDENTIAL structured product investors have been on a roller coaster ride but it seems many continue to keep the faith, hoping they will get back their money when the funds mature.
Buffeted by the financial crisis, Prudential Yield 15/20 and Pru 3Plus have seen wild swings in their prices with one losing as much as 86 per cent in February this year before rebounding somewhat.
United Overseas Bank… more

FOR many long-suffering shareholders of Chartered Semiconductor, the US$1.8 billion (S$2.6 billion) offer made by Abu Dhabi’s Advanced Technology Investment Company (Atic) to buy the wafer foundry covers only a fraction of their investment costs.
And they find breaking up hard to do, after keeping faith with the loss-making company through the tumultuous decade that Chartered has endured since its… more

Church support group members say the meetings aren’t just about helping people find the next job; they’re also about refining and strengthening their faith along the way.

Reuters – With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.

Americans — whose hope for the economy had been rising since March — unexpectedly lost faith this month, pushing down a widely watched barometer.