Philip Chua Business Blog

Posts Tagged ‘time’

GREECE’S debt crisis rattled investors again yesterday and sent markets south despite overnight gains on Wall Street.
Reassurance from Federal Reserve chairman Ben Bernanke that interest rates would stay low for some time pleased investors, who sent the Dow Jones up 91.75 points, or 0.89 per cent.
But concerns over the weak United States job market and poor housing sales data outweighed the promis… more

The risk the U.S. economy will slip back into recession is lower now than at any time in the past year, Treasury Secretary Timothy Geithner said on Sunday.







United States Secretary of the Treasury – Timothy Geithner – Economy of the United States – Business – United States

Two of the most cited economic indicators over the past year have been first time jobless claims and continuing jobless claims. Both have declined by a third since their respective peaks in the spring and summer of last year. In one five day period in March 2009 674,000 newly unemployed…

Retreating from ‘channel’ and Fibonacci retracement resistance, as expected, as consensus opinion sees the yen weakening to 99.00 in twelve months’ time. The weekly close below the 9-week moving average has turned momentum bearish and many other yen crosses are doing something similar. All other elements of the ‘cloud’ chart…

Treasury yields fell across the curve this week as the latest economic snapshot conveyed a picture of tepid U.S. recovery, still-benign underlying inflation pressures and a Fed that is poised to remain on the sidelines for quite some time to come. A successful 30-year auction on Thursday – which showed…

CHARGES to enter Sentosa have been revised to encourage more people to car pool and ease a traffic situation that is expected to worsen once the Resorts World Sentosa (RWS) integrated resort opens in a few weeks’ time.
From Jan 18, car drivers will be charged a flat fee of up to $7 to get into the island.
Currently, drivers have to pay $2 per car and an additional $2 for each person in it – the ch… more

RETAIL investors made up for time lost over the holidays by rushing into penny stocks to give the new year an octane- fuelled start.
Blue chips largely missed out on the action after having enjoyed a final sprint last Thursday to finish last year on a high note.
‘Most of my clients are very bullish. They are confident that the economy is back on track to growth,’ said UOB Kay Hian remisier Charlie… more

INVESTORS showed they were determined to end on a high note in what has been a wild year by sending the market to a 16-month high yesterday.
Banks and property counters were the stars on the last full day of business as traders dressed up their prices for one last final time.
It all helped to send the Straits Times Index (STI) up 10 points to 2,879.76, bringing the total gains for the year to 63.5… more

Oil prices on Thursday hit $80 a barrel for the first time in seven weeks as the dollar sank on the final day of the year.

Oil prices rose Tuesday for the first time in nine days with OPEC predicting energy demand will rebound faster than it had previously thought.