Philip Chua Business Blog

Posts Tagged ‘Investment’

OCBC Bank's net profit rose 8 per cent to $503 million in the second quarter compared to a year ago, missing analysts' estimates, as the group struggled to boost its lending income amid low interest rates, while investment income halved due to turbulent financial markets. But OCBC raised its dividend for the first six months of the year to 15 cents per share, from 14 cents previously - the first t... more

Japanese economy released today its reading for May's machinery orders and current account index, where the machinery orders fell more than economist estimated in May adding signs that rebounded business investment will not heavily support the nation's recovery.

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...

BUDGET 2010 was a watershed proclamation of intent by the government to aim its resources at boosting productivity and innovation to transform the economy. The focus of the financial rewards was on employers and corporations as conduits delivering the state’s investment to the workforce.

How many of us have paused to consider what it means at a personal level to be proactive in being part of thi… more

PROBABLY the best stock market advice in recent weeks came from Citi Investment Research, which in its Global Equity Strategist last week said that the surge is over and now the slow grind begins, which translates loosely to ‘the easy money’s been made, now things get a bit more difficult’.
Citi looked at previous collapses and recoveries, and concluded that since this one looks to be consistent w… more

NYT: Wall Street trading is often described as a blood sport. But inside the great investment houses, there’s another sport of the moment. Curling.

Curling – Sport – Wall Street – Winter Sports – New York Times