Philip Chua Business Blog

Posts Tagged ‘heart’

TO restore is to reinstate or put back to the original position. Employers whingeing over the prospect of higher Central Provident Fund contribution rates should take heart that the little hike at hand, back towards the long-term target rate, will still leave the employer's rate far from the 'original' 25 per cent back in its heyday. But this is probably irrelevant to the business community, for w... more

CONSUMER confidence has rallied here, as key Asian markets continue leading the world out of recession.
A new survey found confidence rose nine points from April to November, matching the global average, as better job prospects and healthier savings gave people heart. However, Singapore consumers, like those across the world, are still nervous about economic prospects, the Nielsen Global Consumer … more

Reuters – Britain’s financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called “liar loans” blamed for helping to fuel bad debt problems at the heart of the credit crunch.

ASIAN markets staged a surprise comeback yesterday following sharp falls on Monday.
Taking heart from overnight gains on Wall Street, the benchmark Straits Times Index (STI) added 34.06 points, or 1.3 per cent, to 2,663.31.
Other markets fared well as well, with Hong Kong and Taiwan markets chalking up gains of more than 2 per cent.
Only mainland Chinese markets bucked the trend, as investors took… more

FINANCIAL securitisation needs to be rehabilitated if the global economy is to recover fully from the current recession, the International Monetary Fund says in a new report.
IMF acknowledges that its proposals could prove controversial, given that sectors of asset securitisation such as the US sub-prime mortgage market were at the heart of the crisis. But it argues that global demand and economic… more

THE market for new listings is starting to stir again in the second half of the year, after a dismal first half which saw only three listings.

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SURGE IN IPOS FROM JUNE

Taking heart from the spectacular rebound in equity markets globally, initial public offering (IP… more