Philip Chua Business Blog

Posts Tagged ‘Tuesday’

The dollar traded mostly higher on Tuesday. US May 20-city home prices posted the largest year-over-year gain since August 2006, but July consumer confidence fell to a 5-month low. The S&P 500 declined 1.17 to 1,113.84. The euro rose to a 2-month high versus the yen after data showed German

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

NOT surprisingly, after losing about 70 points in a two-day sell-off on Tuesday and Wednesday, the Straits Times Index yesterday managed a bounce of 26.97 points to 2,959.01, described as 'technical' in some circles, but more likely due to short-covering. The broad market, however, was marginally firm, recording 226 rises versus 139 falls, excluding derivatives. Turnover was a moderate 1.9 billion... more

The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.







Federal Reserve System – Interest rate – Economic – Social Sciences – Central bank

Web sites dealing with subjects such as the Tiananmen Square protests could all be accessed through Google’s Chinese search engine Tuesday in defiance of Beijing’s censorship rules.

Google – Tiananmen Square protests 1989 – Beijing – China – Web search engine

Stocks rose sharply Tuesday following upbeat earnings reports and a fresh round of corporate dealmaking.







Investing – Business – Economy – Stocks and Bonds – Economic data