Philip Chua Business Blog

Posts Tagged ‘way’

(SINGAPORE) After a slow start to the year, the market for initial public offerings (IPOs) may still end 2010 with a bang if some highly anticipated mega IPOs make their way here. Industry players are expecting at least three blockbuster listings by the end of the year, of which two are linked to the Singapore government. If that materialises, 2010 will shape up to be a stronger year than 200... more

CHINESE developers eager for a slice of the red-hot housing pie are nudging their way into Singapore's property scene. Chinese developers bid for at least 10 out of the 15 residential land sites put up for tender in the Government Land Sales (GLS) programme for the first half of this year. They have landed three plots and narrowly missed out with second-place bids on at least two other sites. ... more

Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure.


Business - Corporate America - Investing - Economic - United States

WITH Wall Street closed for the 4th of July holidays and Shanghai's key index sliding to a 14-month low, there was no way for the local bourse but to head south. That said, the Straits Times Index still showed remarkable resilience by remaining largely range-bound on low volumes, and closing the session just 0.17 of a point down at 2,844.02. Traders said that whatever little volume that was being ... more

WEALTHY people are increasingly turning to family trusts to hand their assets down to their children but a case that has made its way to the High Court is raising issues about expectations of how these trust structures are operated and managed. Retired engineer Arumugam Vijiaratnam, 88, and daughter Vanaja are alleging that UBS mishandled their private banking relationship. Dr Vijiaratnam alleges ... more

WITH Wall Street sliding last Friday amid the widening probe into Goldman Sachs and concerns about the sovereign debt crisis in Europe, it won't take a genius to figure out which way Asian markets will head for in today's opening. Given the volatility and constantly changing newsflows, market players have increasingly become momentum traders. And this is likely to continue until some of the grey c... more