Philip Chua Business Blog

Posts Tagged ‘role’

IT HAS been reassuring to learn how the Singapore Exchange’s (SGX) Regulatory Conflicts Committee (RCC) reviews perceived and actual conflicts that could arise from the exchange’s status as a self-regulated organisation and its dual role as a listed company and a market regulator.
Among various things, the committee looked into how SGX handled the recent lapses at S-chips here and scrutinised deal… more

COMMODITY markets have had a pretty good run so far – gold hit a record US$1,070.40 per ounce over a week ago, while oil crossed US$80 a barrel last Wednesday.
Similar rallies were also seen in silver and the industrial metal copper.
Clearly, the US dollar weakness has a role to play in this as investors rebalance their portfolios to hedge against the American currency.
But beyond that, the good n… more

AP – A House panel is investigating the role of mortgage lenders in the financial crisis and is seeking information from some of the biggest U.S. companies to determine if they used deceptive practices to lure borrowers into the housing boom.

A government watchdog said the $700 billion bailout played a major role in rescuing the economy but also engenderedd distrust because of secrecy and confusion surrounding the program.

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

AP – Regions Bank has agreed to pay a $1 million penalty to settle a Securities and Exchange Commission complaint that it played a role in a long-term investment fraud that charged huge hidden fees and sales commissions to thousands of unwitting Latin American investors.

Since then, China’s volatility has played a major role in daily trading here, partly because of the sympathetic impact the country exerts on the Hang Seng index and partly because of the role China plays in driving the region’s economies.
However, despite the somewhat unnerving wobbles experienced in Shanghai and Shenzhen over the past fortnight, prices have not corrected by much and the warning i… more

Reuters – U.S. lawmakers on Thursday slammed former Treasury Secretary Henry Paulson over the government’s role in Bank of America’s merger with Merrill Lynch, saying authorities suppressed information about losses and bullied executives into going through with the deal.

With Chrysler and General Motors exiting bankruptcy with the federal government as a major shareholder, questions remain about the government’s role in operations.