Philip Chua Business Blog

Posts Tagged ‘stage’

FX traders shifted focus away from European peripherals and toward the FOMC and BOJ central bank meetings early on this week. But the Greek tragedy refused to leave the stage, and the euro continued to suffer from more EU discord over how to help Greece get out of its debt…

BUMPER profit numbers from Apple sent regional stock markets rolling yesterday, although the local bourse lost its enthusiasm half way through the day.
The Straits Times Index was up by 17 points at one stage, but traders took advantage of the higher prices to cash in.
The sell-off sent the STI easing back to close virtually unchanged, 0.61 points lower at 2,711.09, while other regional bourses we… more

One of the most powerful forces driving the resurgence on Wall Street is not the banks but Washington, whose actions have helped set the stage for this new era of wealth.

EQUITY markets globally are more than fully priced for an economic rebound, says the chief investment officer of Bank Julius Baer.
‘Cheap money alone does not sustain (markets),’ says V Anantha-Nageswaran. ‘When you get an 85 per cent return in six months that used to take three years, a lot of good news is already in prices. We should not take risk at this stage – particularly in developed market… more

Singapore expected to benefit from its direct domestic plays, says AMPCI
GLOBAL equities are at the early stage of a three-to-five-year bull market, said Kerry Series, head of Asia Pacific Equities at AMP Capital Investors (AMPCI).
Mr Series, who spoke to BT in Singapore yesterday, noted that Asian stocks could outperform on the back of stronger earnings growth and investor demand.
Despite the m… more

It’s a bit of an awkward phase in the U.S. economic recovery as it goes through its “tweener” stage. The growing consensus is that some kind of recovery is underway and that the worst has past. However, the friction now is whether it is too early to talk about exit…