Philip Chua Business Blog

Posts Tagged ‘financial crisis’

Three years into the financial crisis, why haven’t complex derivatives been reined in?

SINGAPORE’S warrants market took a beating last year, as risk-averse investors steered well clear of these volatile instruments amid the financial crisis.
Turnover for warrants, which had become immensely popular in recent years, fell steeply to 2005 levels.
These instruments are linked to movements of other assets, mainly stocks or stock market indexes. One attraction is that they are cheaper tha… more

(SINGAPORE) Private home prices continued their ascent in Q4 last year, climbing an estimated 7.3 per cent from the previous quarter. This sent prices for 2009 up 1.7 per cent from a year ago, defying bleak prognoses of double digit falls when the financial crisis unfolded.

Resale prices for public housing were also on their way up in Q4, rising 3.8 per cent from the previous quarter. Year-on-ye… more

Remember when everybody thought that markets were all-knowing? Before the financial crisis struck in late 2008, the reigning dogma in economics was the “efficient-markets hypothesis.” The economists still vigorously defending markets today sound like alcoholics denying they have a problem.







Economic – Efficient-market hypothesis – Financial crisis – Social Sciences – Math

A historic economic crisis has left Americans with plenty of things to worry about. But is inflation one of them?







Inflation – Financial crisis – Economic – Grade Inflation – Money supply

The current financial crisis shows that some controversial accounting rules contributed to the problems.

Instead they appointed Temasek unit ST Asset Management – a move backed by the independent directors – in a bid to revive the company’s flagging fortunes.

The move had been opposed by the previous manager, a unit of collapsed Australian investment bank Babcock & Brown, which fell victim to the financial crisis.

Babcock, the firm’s No. 1 shareholder with a 13.8 per cent stake, is in liquidat… more

Capitalism is still alive and well, say the world’s two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.

Warren Buffett – United States – Business – Financial crisis – Financial Services

AP – A House panel is investigating the role of mortgage lenders in the financial crisis and is seeking information from some of the biggest U.S. companies to determine if they used deceptive practices to lure borrowers into the housing boom.

Reuters – European Central Bank Governing Council member Christian Noyer warned that banks are taking the same risks that led to the financial crisis and said they should preserve capital rather than pay it out to bankers and investors.