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2010-09-03 05:10
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Posts Tagged ‘push’

Questions hang over Obama’s jobs tax credit

President Barack Obama announces economic initiatives for struggling middle class families, Monday in the Eisenhower Executive Office Building in Washington.President Barack Obama’s promised push to create jobs includes a new tax credit for small businesses that add employees –  an idea that clearly appeals to a nation struggling with a nearly 10 percent unemployment rate.










BarackObamaPresident of the United StatesUnited StatesUnemploymentPresident Barack Obama

STI rises 14 points in sombre session

A PUSH on the three banks in relatively thin volume initially helped send the Straits Times Index up 40 points to 2,785 yesterday but afternoon concerns triggered by a firming US dollar and the associated worry over how Wall Street might react brought the index down to 2,758.79 for a closing gain of just 13.75 points.
Excluding the STI components and derivatives, there were 215 falls versus 144 ri… more

Push on banks helps STI rise 14.22 points

A PUSH on the banks helped the Straits Times Index yesterday rise 14.22 points to 2,707.6 in a tepid session that saw the broad market record 163 rises against 218 falls excluding derivatives.
The softness was not overly surprising given that the index had already risen sharply on Monday ahead of the US rally which meant that it made sense for investors to sell into strength yesterday. Providing a… more

FX Briefing: Dollar Weakness Persists

Towards the middle of the week, EUR-USD breached the 1.50 level for the first time since August 2008. The final push came from US equity markets, which reacted very positively to Morgan Stanley’s quarterly earnings in particular. All in all, however, the euro only made moderate gains: towards the end…

U.S. to push for new economic world order at G20 (Reuters)

A worker spruces up the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania, the site of the upcoming G20 Summit. A US rights group is suing the city of Pittsburgh and the US Secret Service on behalf of activists seeking to protest the G-20 summit to be held September 24 and 25(AFP/File/Paul J. Richards)Reuters – The United States will urge world leaders this week to launch a new push in November to rebalance the world economy, but there are doubts national governments will bow to external advice.


STI rises for 4th straight session

HELPED by a push on SingTel and property stocks, the Straits Times Index yesterday gained for a fourth consecutive session, up 13.8 points to 2,642.23 despite weakness in Hong Kong that cut 1.04 per cent off the Hang Seng Index. Penny stocks were very much in focus once again – volume traded excluding foreign currency issues was 3.3 billion units worth $1.8 billion or about 55 cents per share.
The… more

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