Philip Chua Business Blog

Posts Tagged ‘jump’

MANUFACTURING output increased by 14.4 per cent last month on a year-on-year (y-o-y) basis.

And excluding the volatile biomedical manufacturing cluster, output increased by 23.9 per cent.

The electronics cluster saw the biggest jump with a 57.3 per cent increase in output last month (y-o-y).
The Singapore Economic Development Board (EDB) attributed this to higher demand, coupled with the low b… more

SINGAPORE’S life insurance industry marked a second consecutive quarter of recovery with $426 million of total weighted new business premiums in the third quarter, placing the industry near levels before the global recession.
While this is a tad lower than the weighted new business premiums of $444.8 million in the third quarter of last year, it is a jump of 40 per cent from the second quarter and… more

SOME of the excitement which has been missing from the local stock market during the first two days of this week returned yesterday with a bang when investors bought in anticipation of an earnings-driven Wednesday rise on Wall Street. They formed this view based on developments on two fronts – a 2 per cent jump in the Hang Seng Index and a 90-point rise in the December futures contract on the Dow … more

U.S. mortgage applications rose last week, largely reflecting a jump in demand for home refinancing loans as interest rates slid to a five-week low.

Reuters – U.S. mortgage applications rose last week, largely reflecting a jump in demand for home refinancing loans as interest rates slid to a five-week low, data from an industry group showed on Wednesday.

(SINGAPORE) Even as news of the 52 per cent month-on-month jump in developer home sales to a stunning 2,767 units in July begins to sink in, analysts are revising their predictions for the full year.
The 1,825 units sold in June already constituted a record but that number was surpassed effortlessly last month as buyers, eager not to miss the boat, rushed in and developers rolled out tempting n… more

AP – Warren Buffett’s company on Friday reported a 14 percent jump in second-quarter profit as the improving stock market boosted the value of Berkshire Hathaway Inc.’s derivative contracts but the recession continued to weigh on its operating businesses.

THE rush back to the markets by investors has allowed the Singapore Exchange (SGX) to finally turn the corner on its falling profitability.

Net profit for the fourth quarter ended June 30 inched up 0.9 per cent to $91.17 million from the same period last year.

Although only a tiny rise, it is still a stunning 64.8 per cent jump over the earnings of $55.3 million for the third quarter ended Mar… more

Investors celebrated news of another jump in home sales by propelling the Dow Jones industrials to their first close above 9,000 since January.

AP – Investors celebrated news of another jump in home sales by propelling the Dow Jones industrials to their first close above 9,000 since January.