Philip Chua Business Blog

Posts Tagged ‘headlines’

ONE big question that emerges from the whole sorry Sino-Environment saga is why trading of its shares continued for six months after it became likely that the company would be brought down by the problems that beset it.
Waste recycler Sino-Environment hit the headlines in March when its founder and chairman, Mr Sun Jiangrong, abruptly admitted he had put the company in jeopardy as a result of exce… more

WHAT does ‘affordable’ mean?
With rising home prices hitting headlines in recent weeks, Singaporeans are falling over themselves trying to pin down affordability.
The Government, which built its reputation housing a nation, has defended its record. It says that public housing is affordable because new home owners use less than 30 per cent of their income to service their housing loans.
While this … more

Judging by the fevered headlines surrounding the fall in the UK’s exchange rate over the past couple of weeks, one might imagine that sterling was on the verge of a currency crisis. We argue that it is not. We examine the reasons for the recent decline in the UK currency…

Headlines dominated the week and the news was deemed decidedly US dollar negative. Calls from the UN for a new global currency to replace the dollar dovetailed with musings from a top member of the Chinese hierarchy that the country is alarmed by US money printing. If that wasn’t enough,…

Reuters – Citigroup Inc may give control of its Phibro commodities business to Andrew Hall, the energy trader making headlines for demanding a $100 million payday under his contract, The New York Times said on Thursday, citing a person with knowledge of the negotiations.

WHILE the market rallies over the past few weeks have certainly lifted sentiment, it may now be time for a serious reality check. If anything, the main headlines of the previous week added up to just one word: caution.
The growing confidence in the market, and indeed generally, was driven by several factors. For one thing, there was the feeling that the economic decline has bottomed out and that j… more

BusinessWeek Online – Where I grew up, it’s in bad taste to talk about your personal finances. But with the financial woes of governments, companies, and ordinary people making headlines just about everywhere you look these days, it’s about time we had an honest discussion about the great big money mess of 2009.

SWISS investment guru Marc Faber reckons equities are still attractive – Singapore shares included – despite the ongoing rally, but he is not ruling out another correction in the near term.

Dr Faber, who made headlines when he told investors to bail out of United States stocks a week before the 1987 crash, told The Straits Times yesterday that the market resurgence does not mean that the global … more

We got some mixed news out of China this past week with regards to the US dollar’s reserve status and the potential for it to be discussed at the upcoming G-8 Summit on July 8-10. On Wednesday we saw headlines that China has asked the group of eight to discuss…