Philip Chua Business Blog

Posts Tagged ‘product’

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 dollar has surged to an 8-month high against the euro, and is also rising against other currencies. Its strength could start damaging the fragile U.S. recovery.

United States – European Union – Gross domestic product – Greece – Government

Only in our foggy memories do past economic recoveries appear clear and obvious to the trained mind. Since our minds are still in training the current recovery appears uneven, unbalanced and uncertain. The theme of the Gross Domestic Product (GDP) report and recent data is one of uneven recovery. We…

The recovery may have gotten off to a slow start in the third quarter, but a surge in sales of existing homes in November could presage a more robust end to the year.

Business – Electronics and Electrical – Hardware – Gross domestic product – Storage

THE International Monetary Fund (IMF) has upgraded its growth outlook for Singapore for the second time this month while leaving forecasts for other Asian nations unchanged.
It now tips that Singapore’s gross domestic product (GDP) this year will be minus 1.7 per cent, up from an initial forecast of of minus 3.3 per cent.
Growth for next year was also raised – from 4.1 per cent to 4.3 per cent – w… more

SINGAPORE stocks could see the continuation of their upward charge this week due to the prospect of bright economic growth numbers and positive earnings surprises.
Analysts believe that today’s release of advance third-quarter gross domestic product (GDP) numbers could further confirm the end of the recession here.
This could provide a much-needed fresh lead for a new wave of buying to propel the … more

(SINGAPORE) Singapore’s purchasing managers’ index (PMI) reading for September, released yesterday, fell to 50.6 from August’s 54.4, a sharper slowdown in manufacturing expansion than had been expected.
After July and August’s strong industrial production, most economists have raised their growth forecasts for Q3 gross domestic product (GDP), for which the government will release advance estimates… more

GAINING exposure to a blue-chip company need not mean buying its pricey shares listed on the Singapore Exchange (SGX).
Investors are making a beeline for an increasingly popular financial derivative product known as Contracts for Difference (CFDs), which enable them to ‘own’ these blue chips without having to stump up the full price of the stock.
Brokerages jostling for a slice of the action inclu… more

PRUDENTIAL structured product investors have been on a roller coaster ride but it seems many continue to keep the faith, hoping they will get back their money when the funds mature.
Buffeted by the financial crisis, Prudential Yield 15/20 and Pru 3Plus have seen wild swings in their prices with one losing as much as 86 per cent in February this year before rebounding somewhat.
United Overseas Bank… more

PAY your bills on time, and pay less for them. Customers of GE Money’s personal loan product James now have the chance to reap rewards for prompt repayments.
As part of a move to encourage customers to exercise prudence in borrowing, James customers who meet their repayments in the first year of their loan on time and in full will be given 50 per cent off three months’ interest.
‘This innovative f… more