Posts Tagged ‘SOME’
Short-selling: what exactly should be disclosed?
SOME 13 months ago, just after Lehman Brothers went bust and stocks all over the world were crashing, many fingers of blame were pointed in the direction of short-sellers – particularly those of a naked persuasion.
Such sellers were those who had no shares in their possession but sold anyway, as opposed to ‘covered’ short sellers who borrowed scrip to cover their sales.
In the world of high fina… more
Stocks rise in anticipation of US rally
SOME of the excitement which has been missing from the local stock market during the first two days of this week returned yesterday with a bang when investors bought in anticipation of an earnings-driven Wednesday rise on Wall Street. They formed this view based on developments on two fronts – a 2 per cent jump in the Hang Seng Index and a 90-point rise in the December futures contract on the Dow … more
20,691 apply for 2,132 ready flats
THE Housing Board (HDB) has been swamped by 20,691 applications for 2,132 completed or near-completed flats – in a sign of red-hot demand for its homes.
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Applications for the flats – which are at various locations across the island, including s… more
Ripples from Great Eastern’s move
SOME 18,000 Great Eastern policyholders have been sleeping easier following the insurer’s offer to redeem their GreatLink Choice (GLC) product.
With that decision, Great Eastern, a unit of OCBC Bank, has cleverly sidestepped a potential controversy with this group of customers who invested a total of $594 million in GLC products sold since 2005.
To recap: On Friday, Great Eastern said it is making… more




