Philip Chua Business Blog

Posts Tagged ‘headlines’

Overall the improvement in risk sentiment appears to continue despite Greece continuing to dominate headlines. Standard & Poor’s reaffirmation of Greece’s BBB+ rating at least temporarily calmed nerves on Greece. However, with Greece now trying to force a some sort of solution in connection with the EU summit later in…

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.