Philip Chua Business Blog

Posts Tagged ‘finance’

Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.









Fannie Mae – Freddie Mac – Business – Thailand – Provinces

Letting the S.E.C. finance itself would improve securities regulation.

DBS GROUP Holdings is Singapore’s top bank brand, according to a survey of the world’s 500 leading banking names.
The Brand Finance Banking 500 report, which measures strength, risk profile and growth potential to calculate brand value, claimed DBS eclipses rivals United Overseas Bank (UOB) and OCBC Bank.
It put DBS’ brand value at US$1.52 billion (S$2.1 billion) last year – a 12 per cent hike fro… more

Stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets that they can contain Greece’s debt problems.

Greece – Wall Street – Drama – Government – European Union

Panellists from NTU’s Nanyang Business School:

Dr Hwang Chuan Yang, Professor of Finance & Director of Research and PhD Programme
Dr Zhang Huai, Associate Professor of Accounting
Dr Luo Jiang, Associate Professor of Banking and Finance
Dr Xin Chang, Simba, Assistant Professor of Banking and Finance

Moderator and writer: Narendra Aggarwal, Director, Public Affairs, NBS
OVERVIE… more

Americans borrowed less for a 10th consecutive month in November with total credit and borrowing on credit cards falling by the largest amounts on records going back nearly seven decades.









Credit card – Business – Financial services – Personal Finance – Banking Services

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

THE Singapore economy has staged a stunning recovery since the second quarter and economists are unanimous that it will continue into 2010. The STI has jumped 86 per cent from its low on March 9 and the property market has turned frothy.
Yet, Finance Minister Tharman Shanmugaratnam announced in Parliament on Monday that he will present another big-spending budget next year, on the heels of the ext… more

(SINGAPORE) Finance Minister Tharman Shanmugaratnam yesterday said that even more money will be pumped into the economy through the 2010 government budget – in what some see as a suggestion that the current rebound will not hold up without support.
‘We are spending a lot more next year and the coming years compared to the past. If we take infrastructure alone, we are spending more,’ he told Parlia… more