Philip Chua Business Blog

Posts Tagged ‘way’

LABOUR chief Lim Swee Say yesterday threw the labour movement’s weight behind the Government’s goal to increase productivity.
Productivity gains are the best way to drive wages up, he told more than 500 unionists and employers at a conference on managing manpower challenges this year.
He spoke during a dialogue at the Singapore Tripartism Forum, when he was asked why a minimum wage was not put in … more

Or maybe that’s two steps forward and one step back. Either way, Friday’s US NFP report (more below) should serve as a reminder to those who expect a normal recovery that this rebound is going to be extremely uneven, drawn out and likely to disappoint as frequently as satisfy. But…

(SINGAPORE) Private home prices continued their ascent in Q4 last year, climbing an estimated 7.3 per cent from the previous quarter. This sent prices for 2009 up 1.7 per cent from a year ago, defying bleak prognoses of double digit falls when the financial crisis unfolded.

Resale prices for public housing were also on their way up in Q4, rising 3.8 per cent from the previous quarter. Year-on-ye… more

The stock market faces a big test as 2010 trading gets under way: whether its performance will be lifted by the phenomenon known as the January effect, or squelched by uncertainty.







Stock market – Business – Investing – Stocks and Bonds – Equities

As far as US monetary policy is concerned, the answer to this question became fairly clear this week. The weak labour market data had already prompted speculation that an exit from the ultraloose monetary policy was still a long way off. This week, comments from several US policymakers confirmed this…

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

THE local market marched to the tune of Hong Kong yesterday and – to a greater extent – expectations of how Wall Street would perform when it opened on Monday. And going by the weak opening – clearly in response to Friday’s US slide – followed by an afternoon rebound, players were betting on the US market recovering its poise on Monday.
Added evidence for expecting this came by way of a 50-point r… more

THE equities industry has gained tremendously because of the global financial crisis, said the head of a key stockbroking company in Singapore.
Investors – faced with near-zero bank deposit interest rates and fewer alternative options for their funds – have turned to stocks in a big way.
This trend is set to continue, even as Western funds are expressing more interest in Asian stocks.
DBS Vickers … more

Intel Corp. and other technology stocks helped lead the way as markets climbed out of the trough they fell into in March.

(SINGAPORE) Third-quarter earningscould signal the upswing of the pendulum, as analysts scour for signs that recovery in corporate Singapore is on its way.
But the bounce in earnings this time is not expected to beat the sharp recovery following the 1998 Asian financial crisis, analysts note.
‘It’s more about the general impression than the absolute numbers,’ said Chan Tuck Sing, dealing director … more