Philip Chua Business Blog

Posts Tagged ‘row’

A more upbeat outlook on jobs pushed Americans’ confidence in the economy higher in December for the second month in a row, a survey released Tuesday said.







Economy – Business – Home – Shrubs – Plants

THE war of the Reits between MacarthurCook Industrial (MI-Reit) in one corner and Cambridge Industrial Trust (CIT) in the other hit a new level yesterday when both firms called trading halts to make announcements.
Their simmering row has mostly been confined to full-page newspaper advertisements but it has intensified in the run-up to Monday’s key meeting to vote on MI-Reit’s financing plans.
CIT … more

Reuters – European shares followed Wall Street higher on Monday on optimism about the third-quarter earnings season, while the dollar gained for the second session in a row.

ELECTRICITY charges will go up by 12.5 per cent from tomorrow on the back of higher fuel prices, utility provider SP Services said yesterday.
Electricity will cost households 21.69 cents per kilowatt hour (kwh), up from the current 19.28 cents.
This is the second quarter in a row that tariffs, which are revised every quarter, are going up.
Families in three-room HDB flats will pay on average about… more

Home prices rose for the third month in a row, a closely watched index said Tuesday. The index is down about 33 percent from the peak in mid-2006.

CONSUMER prices inched up last month for the second time in a row, signalling that the economy’s brief flirtation with deflation may soon be over.
Pulled up mainly by higher car and petrol prices, the consumer price index (CPI) rose a slight 0.4 per cent last month compared with the previous month, following a 1.2 per cent increase in July.
But the CPI, Singapore’s main indicator of inflation, rem… more

Reuters – The German government sought to calm a growing transatlantic row over the fate of carmaker Opel on Monday as unions threatened “spectacular measures” to force a decision by U.S. parent General Motors.

With continued strength seeing the pair closing higher for a third week in a row since turning off higher at the 1.6031 level in early July’09, further upside gains are expected towards its YTD high 1.6742. This strong performance remains consistent with its medium term uptrend which will be triggered…

AP – Investors sent stocks higher for a second day in a row Thursday, giving all the major indexes a moderate boost and adding to the gains that followed upbeat comments from the Federal Reserve a day earlier. Financial, technology and energy companies were among the big winners, while stocks in defensive, or relatively safer, industries like health care fell. Retailers declined after a worse-than-expected report on retail sales.

Investors sent stocks higher for a second day in a row, giving all the major indexes a moderate boost and adding to the gains that followed upbeat comments from the Fed a day earlier.