Posts Tagged ‘last friday’
That new HSBC loan: too clever by half?
November 9th, 2009 | 
Author: That new HSBC loan: too clever by half?
Why not give customers the money outright?
By SIOW LI SEN
LAST Friday, when given the HSBC press release on its new Sibor plus equity-linked mortgage, I spent at least 15 minutes trying to figure out how it worked. The result was that I was so consumed with the promise of thousands of dollars that I paid no attention to the home loan itself.
Eventuall… more
Posted in Singapore Financial News | 
Tags: 15 minutes, attention, Eventuall, Friday, half, home, home loan, HSBC, LAST, last friday, LI SEN, loan, money, mortgage, press, press release, promise, release, result, Sibor, SIOW, thousands of dollars | 
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IMM Positioning – Speculative Investors Are Accumulating CAD Longs
Speculative investors re-entered the USD shorts that were unwound prior to the publication of US non-farm payrolls. This has been a profitable strategy, as the dollar came under renewed pressure in the week to 6 October. Coinciding with the correction higher in US yields last Friday, however, the dollar has…
Posted in Forex Trading |
Tags: 6 october, Coinciding, correction, dollar, Friday, investors, last friday, non farm payrolls, October, pressure, profitable strategy, publication, strategy, unwound, US, USD, week |
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Investors look to the corporate heavyweights
WALL Street celebrated a sobering anniversary last week by building solidly on a strong rally as the third quarter earnings season got underway with a bang.
Last Friday marked the day two years ago that the stock market hit its all-time high, when the Dow Jones Industrials closed at a best ever 14,164.53 on Oct 9, 2007.
Despite a better than 50 per cent rally now in its seventh month since stocks … more
Posted in Singapore Financial News |
Tags: anniversary, bang, cent, day, Dow, dow jones, dow jones industrials, earnings season, Friday, high, Industrials, Jones, last friday, market, month, Oct, quarter, quarter earnings, rally, season, stock, stock market, stocks, Street, underway, WALL, Wall Street, week |
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Jitters cause sell-off of penny stocks, S-chips
A STEADY flow of bad news is beginning to dampen jittery retail investors’ appetite for penny stocks and S-chips.
While blue chips took a hit yesterday, following weaker-than-expected United States job data released last Friday, their collateral fallout was nowhere nearly as serious as the rout suffered by penny stocks and China plays.
The benchmark Straits Times Index (STI) had managed to recover… more
Posted in Singapore Financial News |
Tags: appetite, bad news, blue chips, China, collateral, fallout, flow, Friday, Index, job, last friday, news, Penny, penny stocks, retail investors, rout, STEADY, steady flow, STI, Straits, straits times index, straits times index sti, Times, United States, yesterday |
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This Week’s Market Outlook
The USD finished out this past week virtually unchanged from week-ago levels against most other currencies, excluding the JPY. To be sure, there was healthy intra-week volatility in most USD pairs, but the key take-away is probably that the USD rebound following last Friday’s July NFP report was largely sustained,…
Posted in Forex Trading |
Tags: currencies, Friday, JPY, July, last friday, NFP, pairs, rebound, report, USD, volatility, week |
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GE Life agents to return commissions
ABOUT 1,000 Great Eastern Life agents have been asked to return up to $12.6 million in commissions received from policies they sold up to four years ago.
The GreatLink Choice (GLC) policies are investments the insurer decided last Friday to buy back at full cost.
About 18,000 policyholders invested a total of $594 million in the policies, buying from the insurer’s network of agents.
Agents e… more
Posted in Singapore Financial News |
Tags: 6 million, ABOUT, Choice, commissions, cost, Eastern Life, Friday, GLC, Great, great eastern life, GreatLink, insurer, investments, last friday, life agents, network, policyholders, total |
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