Philip Chua Business Blog

Posts Tagged ‘stabilise’

THE Straits Times Index (STI) gained 45.41 points to 2,696.02 yesterday, thanks largely to Wall Street's avoidance of a total blowout on Tuesday and hopes that Western markets might stabilise during their Wednesday sessions - hopes that were lifted when Europe opened in the black late in the afternoon here. Brokers, however, were unsure of how lasting the local bounce will prove, given the market'... more

FIRST, the good news. Singapore’s economy has moved beyond the initial post-crisis bounce of growth and will continue to expand as genuine demand begins to stabilise around the world.
But Singaporeans must prepare for a ’slower and steadier’ pace of expansion next year than they are used to, said the Monetary Authority of Singapore (MAS) yesterday.

Even though Asian economies have recovered stro… more

The Fed’s Beige Book is likely to state that economic activity has continued to stabilise in September and early October. But consumer spending will have remained soft, and there will have been a noticeable setback in car sales and production after the end of the Car Allowance Rebate System. Further…

WHILE the global economic environment has begun to stabilise, there are three potential threats that could slow down or derail the recovery, warned Standard & Poor’s Asia-Pacific chief economist Subir Gokarn yesterday.
Dr Gokarn cited inflation, high interest rates and subdued overseas demand as the key risks to Asia’s export-dependent nations trading their way back to growth.

He told the cr… more

The FOMC is likely to confirm its very accommodative stance at its meeting on 12 August. Although the committee will probably state that final demand, production and financial conditions are beginning to stabilise and that the pace of job cuts appears to be slowing, economic conditions will still warrant maintaining…