Philip Chua Business Blog

Posts Tagged ‘region’

IF YOU are betting on the local market today, chances are you will be leaning towards the bears.
After all, with a negative Friday close on Wall Street, a market holiday today in the US and lingering concerns over an overheating property market in China, there seems little reason to hope for a positive session here, or across the region.

The Dow Jones tumbled 100.9 points to 10,609.65 last Frida… more

THE weighting of Asean markets in most global portfolios seems small due to a perceived lack of investment opportunities, low liquidity and weak investor relations in the region, Singapore Exchange chief executive Magnus Bocker said yesterday.
He raised this point from an unnamed study of investor perceptions of regional markets that highlighted the attractiveness of Asean markets at the same time… more

INCREASED foreign direct investment (FDI) from developing economies into emerging markets will shape the political risk insurance industry (PRI), says the World Investment and Political Risk 2009 report released yesterday by the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA).
This trend could mean that Singapore, from which many investments are made into the region’s emerging m… more

ASIAN bourses were trapped in a narrow range of trading yesterday, with investors adopting a wait-and-see approach as the greenback stabilised against the region’s currencies.
Blue chips did their best to rally – and they did manage to get the benchmark Straits Times Index (STI) up by 13.75 points to 2,758.79 – but other Asian markets were mixed.
China’s Shanghai Composite Index rose by 0.53 per c… more

SINGAPORE may be buzzing amid the arrival of top global leaders for the Asia-Pacific Economic Cooperation summit but nothing, it seems, can stir the local stock market – and others around the region – from a decidedly lacklustre patch.
Blue-chip stocks around the region stayed trapped within a tight trading range throughout the trading session yesterday.
Even the ailing greenback’s renewed weaknes… more

THE average corporate tax rate in the Asia-Pacific region continues to fall, bucking trends in Europe and Latin America, according to a KPMG survey out yesterday.
However, rate reductions could well be put on hold as governments urgently need to raise tax revenues to fund budgets hit by the global economic crisis.

The survey of corporate and indirect taxes in 116 nations found that many countrie… more