Philip Chua Business Blog

Posts Tagged ‘money’

Fannie Mae is asking for less money from the government, a sign that the cost to taxpayers for bailing out the mortgage giant could be billions lower than once thought.



Fannie Mae - Mortgage - Business - United States - Financial Services

Maybe the dumb money isn't so dumb after all.



Business - Investing - Stocks and Bonds - Berkshire Hathaway - Warren Buffett

The Federal Reserve will soon begin testing a new tool to soak up vast sums of money it injected into the economy to stem the financial crisis.



Federal Reserve System - Financial crisis - Central bank - Federal Reserve - Finance

INVESTORS today are increasingly looking towards emerging markets like the BRIC economies (Brazil, Russia, India and China) to park their money. The term was first coined nearly a decade ago by Goldman Sachs economist Jim O'Neill, who argued that the combined economies of the BRICs could eclipse those of the world's richest countries by 2050. These four countries today certainly lo... 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

A virtual futures exchange is being assembled to allow people to bet money on a film’s box office success.