Philip Chua Business Blog

Posts Tagged ‘Public’

MOST people place their faith in the disclosure-based model which says that the more information financial advisers and companies are made to tell the public, the better. This is the rationale behind Regulation Full Disclosure (RFD) in the US and the Sarbanes-Oxley Act of 2002, and is the preferred regulatory approach that has evolved over the past decade in tandem with deregulated markets.
Howeve… more

Reuters – The real estate investment manager who led the California Public Employees’ Retirement System, the nation’s largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, a spokeswoman for MacFarlane Partners said on Saturday.

EVERY stock market player would agree that rumours play an important role in daily trading. Yet, most fair-minded players would also agree that rumours which ultimately have a damaging effect on the market or are maliciously and intentionally spread in order to make an unfair profit at the public’s expense should not be tolerated. Which then leads to the intriguing question: Should rumours be regu… more

Reuters – Kraft Foods Inc , which went public on Monday with a $16.7 billion offer for Cadbury PLC that the British candy maker rejected, is in talks to arrange about $8 billion of financing for the bid, Bloomberg said, citing two people familiar with the matter.

PUBLIC hospitals have raised the prices of some generic drugs – including some which treat chronic conditions like diabetes – by as much as 25 per cent a tablet.

PRICE REVISION MODERATED
‘The drugs at our hospital are heavily subsidised and we have absorbed most of the cost increases so that th… more

Reuters – A federal judge refused to approve a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp over the payment of bonuses to Merrill Lynch & Co employees, saying he was unable to determine if it was fair to the public.