Posts Tagged ‘storm’
Wicked winter adds to economy’s woes
The three major snowstorms that have slammed the Northeast this winter have been more than just huge hassles — they may be creating yet another headwind for a wobbly economy.
Winter storm – Weather – Arts – Movies – Sports
This Week’s Market Outlook
The greenback has extended its recovery, bringing the USD rebound against the EUR to nearly 6% since the 1.5150 high at the end of November, and erasing all the losses seen in the 4Q. The current environment continues to develop into a perfect storm against the EUR in particular, and…
Act now to prevent a housing bubble
IN JANUARY, as the global financial storm lashed Singapore shores, fears took hold that large numbers of cash-strapped home owners might default on their monthly mortgage instalments, as businesses went belly-up and jobs were lost.
DBS Bank went out of its way to calm the jitters by offering to resurrect the interest-only payment scheme to allow borrowers to make only interest payments on their ho… more
Unit trusts stage big turnaround
THE first six months this year was a great time to be a unit trust investor with many funds that were bleeding to death last year roaring back into positive territory.
The average equity fund gained almost 25 per cent in the period, rewarding investors who defied the global financial storm to put money into stocks and bonds.
The figures were based on unit trust distributor Fundsupermart’s FSM … more
Govt clears air over tax on property gains
(SINGAPORE) Has the market worked up a storm in a teacup over a suggested change to income tax laws on gains from property sales? Keen to quell rumours about an anti-speculation drive, the Ministry of Finance (MOF) clarified yesterday that the proposal is unlikely to lead to more individuals being taxed.
Still, some industry watchers believe that the potential change is enough to worry property in… more





