Philip Chua Business Blog

Posts Tagged ‘money’

The Madoff whistle-blower talks about what the S.E.C. doesn’t understand about money.

SOVEREIGN wealth funds (SWFs) – including the Government of Singapore Investment Corporation (GIC) – are feared more for what they are than for what they really do.

Such funds, which are owned by governments and funded by surpluses accumulated by the state, are often regarded with suspicion, especially in rich countries in Europe and America. There, such public money is typically used to build h… more

Some who lost money to Bernard Madoff had a custodian agreement with a bank. So far, they are worse off because of that deal.

THE financial market rebound has put a spring in the step of Singaporeans. They are now showing a greater willingness to take risks with their money.
Investors who had sought refuge in cash and steady yield products like bonds are now looking for higher returns and ways to better grow their wealth, according to a new Citibank survey.
It found that 44 per cent of people who stopped investing in the… more

There is a modest recovery underway in the American economy. The Federal Reserve can no longer avoid the looming choice on interest rates and the money supply. Since the sub-prime crisis began Chairman Bernanke has been the consistent champion of monetary easing. Under his leadership, the Federal Open Market Committee…

A historic economic crisis has left Americans with plenty of things to worry about. But is inflation one of them?







Inflation – Financial crisis – Economic – Grade Inflation – Money supply

The Obama administration plans to channel money from the government’s massive financial bailout program to small businesses.

Wall Street – Presidency of Barack Obama – Business – United States – Small business

Sears Holdings Corp. said Thursday it lost money for the second consecutive quarter as customers spent elsewhere even as the retailer offered a series of early holiday season promotions to bring them back to its brands.

Retailing – Sears Holdings Corporation – Christmas and holiday season – Sears Holdings – Programs

As details emerge about how communities are spending federal stimulus funds, debates about the use of taxpayers’ money are erupting around the country. Tell us what kind of reception projects in your community are getting.







Community – Canada – Philanthropy – Investing – Business and Economy

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