Philip Chua Business Blog

Posts Tagged ‘news’

The stock market eked out a gain as investors took glum economic news in stride. The small gains still left stocks with a loss for the week but the Dow and S&P 500 logged their best month since November.









Gross domestic product – Business – Economy – Government – Investing

THE fourth quarter earnings reporting season has so far achieved all that investors could have hoped for, but the good news has all been obscured by a wave of worrisome events from Washington and Beijing and Europe.
‘The corporate side of the stock market’s fundamental picture has been a true success story in the early going in 2010,’ said Nick Colas, chief market strategist at Convergex Group. ‘E… more

U.S. consumer sentiment was little changed in early January, as worries over income and high unemployment offset news of an improving economy, a survey released on Friday showed.







United States – Consumer Confidence Index – Unemployment – Home – Consumer Information

Unemployment has caused major life changes and mental health issues for millions of Americans, a New York Times/CBS News poll found.









Mental health – New York City – Health – Unemployment – United States

Every year brings with it a host of business buzzwords.  This year, the Great Recession — buzzword alert — made business news everyone’s business for a change.

Business – Newspapers – Magazines and E-zines – Business and Economy – Management

REGIONAL bourses experienced cautious trading sessions yesterday as the ramifications of the ongoing Dubai World default continued to be felt.
Market worries were reignited when Dubai World subsidiary Nakheel disclosed that its liabilities had jumped 7 per cent to US$3.6 billion (S$5 billion) in the first half of this year.
The steadily strengthening greenback and news from Japan that the economy … more

The dollar, which had firmed last week after the news of Dubai World’s debt problems, lost ground again during the course of the week. Most market participants regard Dubai World’s request to restructure its debts as a serious matter, but with only a limited impact; there are latent fears, however,…

Encouraging earnings news from major retailers and The Walt Disney Co. drew investors back into the stock market to cap a second big week of gains. The Dow average gained 73.

STOCK markets ought to be sizzling with excitement this week, a casual observer might think, given a double dose of good news from the United States.
However, soothing words from the US Federal Reserve on rock-bottom interest rates and a big vote of confidence in the US economy by legendary investor Warren Buffett have generated little buzz.
Mr Buffett’s ability to move markets appears to be wani… more

This week’s busy schedule of economic reports brought mostly good news, even if it did end on a somewhat disappointing note. Several of the more leading indicators of economic growth posted strong gains, suggesting that the recovery process is well underway. We still suspect that the second quarter shutdown and…