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2010-09-03 05:10
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Posts Tagged ‘increase’

2010 census shows Singapore population crossed 5m in June

THE population of Singapore crossed 5 million in June, even as the increase in the number of permanent residents (PRs) slowed to a trickle over the past year. Key findings from the latest 2010 census show the number of PRs grew just 1.5 per cent this year - down sharply from 11.5 per cent in 2009. Between 2005 and 2009, annual growth in PRs averaged 8.4 per cent. Growth in the number of 'non-resid... more

Daily Financial Market Outlook

Yesterday's US economic data releases were mixed, although for us, continued weakness in the US housing market (as evidenced by July's housing starts and building permits figures), underscores a prevailing nervousness in markets. These 'headwinds' increase the chance of the Federal Reserve restarting its quantitative easing programme, having halted its

Q2 earnings soar as economy recovers

(SINGAPORE) After a sluggish start, listed companies in Singapore made up for lost time in the second quarter, with their bottom lines jumpstarted by the recovering economy. As of last Friday, the 105 companies that had released their financial results for Q2 ended June reported a 47.1 per cent year-on-year increase in combined net profit to $3.676 billion. And of the 105, an overwhelming majority... more

Forex Exchange Morning Report

Risk appetite modestly improved by the close of trading in NY on Friday. The S&P500 index ground slightly higher, but on low volume, to be up 0.7% on the day, the banks' sub-index up 2.1%. Commodities were generally fi rmer, the CRB index up 0.4%. A reported increase in demand

New York Session Recap

Risk aversion remained the dominant theme in the NY session. ADP June Employment Change started off by printing a disappointing +13k increase against expectations of a +60k increase. Next up on the data slate was Chicago PMI, which came out in line with expectations at 59.1. As the day wore

GDP growth may rise 1-1.5 points if STB targets met

SINGAPORE'S real GDP growth could rise 1-1.5 percentage points on the back of higher tourism receipts if the Singapore Tourism Board's (STB) targets are met at the end of the year. In a report, Credit Suisse estimates that every dollar increase in tourism spending could add an additional $0.80 to GDP growth. 'If this forecast is correct, we estimate it would increase the ratio of tourism receipts ... more
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