Philip Chua Business Blog

Posts Tagged ‘Friday’

A federal judge on Friday dismissed options-backdating charges against the son of the former chief executive of Engineered Support Systems, a military contractor.

LAYOFFS in the first nine months of last year indicate the annual total is set to be much lower than the record 29,000 reported during the Asian financial crisis, said Manpower Minister Gan Kim Yong yesterday.
Official records show 18,180 workers were retrenched in the first three quarters of last year.
The annual total will be known by Friday when the Manpower Ministry is scheduled to release the… more

Retreating from ‘channel’ resistance, as expected, closing on Friday just under the first Fibonacci retracement support. Prices are holding between the 9-week and 26-week moving averages and might do so again this week as other currencies get to grips with changes in the first three weeks of this year. All…

Financial markets will have to wait until Friday for the data highlight of the week in the US. The advance estimate of Q4 2009 GDP is expected to show economic activity picked up sharply, after belatedly returning to positive territory in Q3. We look for annualised GDP growth of 5%,…

IF YOU are betting on the local market today, chances are you will be leaning towards the bears.
After all, with a negative Friday close on Wall Street, a market holiday today in the US and lingering concerns over an overheating property market in China, there seems little reason to hope for a positive session here, or across the region.

The Dow Jones tumbled 100.9 points to 10,609.65 last Frida… more

Immediate risk has turned to the upside having broken and held above its key overhead resistance at the 1.6234/39 levels, its Dec 31’09/Jan 04’10 highs. Though failing to follow through higher on the back of its Thursday strength on Friday, the caveat is as long as the pair holds above…

The head of the Senate Banking Committee may scrap the idea of creating a consumer financial protection agency, a paper said Friday citing people familiar with the matter.

United States Senate Committee on Banking Housing and Urban Affairs – Consumer protection – United States – Senate Banking Committee – Home

Industrial production rose in line with expectations in December as electric and gas utilities stepped up output in an unusually cold month, a Federal Reserve report showed on Friday.







Federal Reserve System – Industrial production – Business – Economic – Social Sciences

U.S. consumer sentiment was little changed in early January, as worries over income and high unemployment offset news of an improving economy, a survey released on Friday showed.







United States – Consumer Confidence Index – Unemployment – Home – Consumer Information

President Barack Obama said Friday that the trend in the labor market was heading in the right direction even though the economy shed more jobs than expected in December.

Employment – Government – Unemployment – Business – Business & Technology