Philip Chua Business Blog

Posts Tagged ‘government’

The stock market eked out a gain as investors took glum economic news in stride. The small gains still left stocks with a loss for the week but the Dow and S&P 500 logged their best month since November.









Gross domestic product – Business – Economy – Government – Investing

The Europeans are determined to take care of their own; or to discipline their own, depending on your view. But the degree of pain and denial that Germany and France are demanding of Greece is of a level that neither government would inflict on their own citizens. The German Chancellor…

The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion.







China – United States Treasury security – People’s Republic of China – Asia – United States

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

The dollar has surged to an 8-month high against the euro, and is also rising against other currencies. Its strength could start damaging the fragile U.S. recovery.

United States – European Union – Gross domestic product – Greece – Government

European companies are happy with a weaker euro as it will help them boost exports this year, Europe’s business federation said Monday.







European Union – Export – Business – Government – Multilateral

(SINGAPORE) The government’s 2009 budget deficit is likely to be smaller than projected, leaving room for a substantial fiscal package this year, economists say.
While initial estimates last year were for an $8.7 billion deficit, or 3.5 per cent of GDP, Citi economist Kit Wei Zheng said in a report yesterday that a milder recession than feared means operating revenue is likely to come in above pro… more

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.







European Union – Government – Multilateral – Business – Greece

Mark E. Lenowitz helped the government turn a former colleague into an informant, so a judge decided not to give Mr. Lenowitz a prison sentence.

LABOUR chief Lim Swee Say yesterday threw the labour movement’s weight behind the Government’s goal to increase productivity.
Productivity gains are the best way to drive wages up, he told more than 500 unionists and employers at a conference on managing manpower challenges this year.
He spoke during a dialogue at the Singapore Tripartism Forum, when he was asked why a minimum wage was not put in … more