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2010-09-07 05:10
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Posts Tagged ‘government’

Fewer cluster homes for S’pore market

HOME buyers and investors keen on getting a cluster house may soon find themselves with an increasingly limited pool of new choices to select from. This is because the number of new cluster-housing launches looks set to fall after this year, following a recent change in Government regulations, say property experts. In the new ruling, which came into effect last February, the Government stipulate... more

Problems linger after Greek bailout

ANYONE who thought that the 110 billion euro (S$199 billion) bailout package for Greece announced on Sunday would succeed in stabilising European bond markets would have been disappointed by its initial reception. Although yields on Greek two-year government bonds have fallen from their near-16 per cent level on April 28, they remain elevated, at more than 10 per cent. More significantly, they hav... more

Weekly Economic and Financial Commentary

Real GDP grew at a 3.2 percent annual rate, as strong growth in consumer spending and inventory rebuilding contributed the bulk of the improvement during the quarter. Business fixed investment was supported by equipment and software spending, while weakness in structures continued. Government outlays were a mixed picture, with federal...

ST Index breaks 3,000 barrier again

POSITIVE economic and corporate data boosted investor sentiment yesterday, with regional markets quickly recovering much of the ground lost in last week's knee-jerk sell-down in response to the US government's lawsuit against Goldman Sachs. The benchmark Straits Times Index (STI) yesterday promptly rebounded back above the 3,000-point level, closing 14.13 points higher at 3,002.62. Traders were up... more

Obama: ‘We are beginning to turn the corner’

President Barack Obama speaks at a town hall meeting Friday at Celgard, an advanced battery technology manufacturer, in Charlotte, N.C.President Barack Obama on Friday hailed a new government report showing the largest job creation number in nearly three years.










Barack ObamaUnited StatesPresident of the United StatesPresidentUnited States midterm election

Geithner: Disparity in recovery ‘deeply unfair’

April 1: In an exclusive interview with TODAY’s Matt Lauer, Treasury Secretary Timothy Geithner says businesses will start adding to payrolls again.  (Today Show)Treasury Secretary Timothy Geithner said Thursday it’s “deeply unfair” that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.










United StatesUnited States Secretary of the TreasuryTimothy GeithnerBusinessGovernment

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