Philip Chua Business Blog

Posts Tagged ‘stage’

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…

PROPERTY developers are enjoying the surge in interest from buyers but they do not believe that speculation has reached a stage where the Government needs to step in.

TIMELY ADVICE

‘It’s good as a reminder so that people do not over-buy, over-chew. Developers do not want irrational exuberance.’

Cushman and… more

RETAIL investors are unlikely to rush to snap up Singapore Government Securities (SGS) via ATMs due to a lack of awareness, low yields and low publicity.
‘It may take some time for SGS application via ATMs to take off,’ Wong Sui Jau, general manager of Fundsupermart, says of the recent launch. ‘I don’t expect the retail investor response to be overwhelming at this stage.’
He believes that Singapor… more

Reuters – Earnings are set to take center stage again next week as more marquee U.S. companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher.

PROPERTY shares enjoyed a rebound yesterday, helping the market stage its biggest single-day gain in about two weeks.

The benchmark Straits Times Index (STI) surged 47.84 points, or 2.12 per cent, to 2,307.61 – its highest close in five days. Regional markets were less upbeat, with Hong Kong’s Hang Seng Index up a mere 0.39 per cent and Japan’s Nikkei 225 stock average down 1.38 per cent, notchi… more