Latest Posts By pharoah88
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| 22-Aug-2011 16:05 |
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mArkEt plAyEr Is hErE ? ? ? ? 
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| 22-Aug-2011 16:01 |
Genting Sing
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GenSp starts to move up again
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| 22-Aug-2011 15:34 |
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What does HP’s exit signal for the PC market? cOnsUmerIsm is dEAd In US ? ? ? ? |
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| 22-Aug-2011 15:27 |
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US data not likely to look good NEW YORK Already, analysts polled by Including transportation, orders for durable goods are expected to have climbed by 2.1 per cent last week on the back of supply disruptions caused by the earthquake in Japan and higher bookings for aircraft. Consumer sentiment is also expected to fall. According to Thomson Reuters/University of Michigan’s own index, consumer sentiment fell to 56 last month, down from 63.7 in the previous month. US GDP for the second quarter is also expected to be revised downwards to 1.1 per cent, according to a With data already expected to be bad, market watchers will be turning to comments from Fed Chairman Ben Bernanke instead. Mr Bernanke will be speaking at the Fed’s annual conference for global central bankers in Jackson Hole, Wyoming, on Friday. Last year, he used his speech to hint at a second round of quantitative easing (QE) in which the Fed bought US$600 billion ($725.5 billion) of Treasuries from November last year to June. While some are hoping for QE3 now [Only when mArket hIt bOttOm ?], a It is not surprising then that some investment banks have started downgrading growth forecasts. Morgan Stanley, for example, cut its global GDP forecast to 3.9 per cent growth from 4.2 per cent for this year, and to 3.8 per cent from 4.5 per cent for next year. But while the consensus is that there will be a slowdown, most are still refraining from saying another recession is due. — Key United States economic data will be released this week starting with figures for durable goods orders on Wednesday. This will be followed by the August consumer sentiment survey and gross domestic product (GDP) numbers for the second quarter on Friday.Bloomberg believe that bookings for durable goods (excluding transportation) probably fell 0.5 per cent last month, after rising 0.4 per cent in June.Bloomberg survey. This is lower than the earlier estimate of 1.3 per cent.Reuters poll revealed that primary dealers set the chances of Q3 in the next six months at less than 40 per cent. |
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| 22-Aug-2011 15:20 |
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BOJ to consider easing monetary policy again TOKYO The government may also intervene unilaterally again in the currency market to weaken the yen, although analysts doubt whether such moves can alter a broad weak dollar trend. A senior government official expressed Tokyo’s readiness to step into the currency market to stem yen rises if necessary, saying that recent moves have been speculative. “Japan’s stance is consistent in that it will take decisive action depending on market developments,” the official told The central bank loosened policy only two weeks ago to ease the pain of persistent yen strength on the export-reliant economy, and has expressed its readiness to act again if the prospects of a moderate economic recovery come under threat. After the yen rose to a fresh record high against the dollar last Friday, BOJ officials will scrutinise Asian market moves today and start debating whether the potential harm from recent yen gains warrants further policy action. The BOJ’s next regular rate review is on Sept 6 and 7. But the chance of it easing its already super-loose policy before that cannot be ruled out, depending on market developments, sources familiar with the BOJ’s thinking say. “We will act swiftly, if needed, with an eye on economic conditions,” one of the sources said.
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| 22-Aug-2011 15:16 |
Genting Sing
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mArkEt crAsh stArtEd ? ? ? ? |
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| 22-Aug-2011 15:13 |
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cOmIng sOOn ? END aUgUst ? 7th mOOn ?
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| 22-Aug-2011 15:09 |
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Mermaid Maritime Outperform | S$0.275 CIMB Securities maintains Outperform rating and target price at S$0.49. House notes new management team is working to unlock shareholder value, and that improvements in quarterly results may win investors over while mid-term catalysts could come from contracts for its new-build jack-ups. House says: “With the share price trading below break-up value, investors could profit from any asset divestitures.” |
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| 22-Aug-2011 14:12 |
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When that bowl of curry is too much for the tummy ... NG JING YNG SINGAPORE The study, which was published last month, found that patients with gastroesophageal reflux disease — upper abdominal discomfort with symptoms like heartburn — who consumed curry experienced greater and lengthier periods of pain than healthy volunteers. — While Singaporeans’ passion for curry — a favourite among all races — was abundantly displayed in recent weeks, a recent study conducted by the National University Hospital (NUH) has found that spicy food such as curry worsens acid reflux. |
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| 22-Aug-2011 14:03 |
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A man keen to share his achievements cheow xin yi cheowxinyi@mediacorp.com.sg The first things that catch the eye in the office of presidential candidate Tan Kin Lian are the rows of framed newspaper profiles of himself and certificates to document his various achievements in public service and in the corporate world. Mr Tan, 63, is also keen to share his achievements, including how he transformed customer service at NTUC Income during his tenure as CEO and how his former teachers reminded him that he had gotten full marks in his tests in primary school. But lest anyone should think that he enjoys blowing his own trumpet, Mr Tan shares with this reporter — who had shadowed him on his campaign trail on Friday — his belief that he can motivate others by sharing his achievements. O V E R H E A R D : Mr. TAN Kin Lian wAs AlsO a UniversIty LectUrer at SMU ? ? ? ? |
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| 22-Aug-2011 13:58 |
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So many people have got no achievements to talk (of), they don’t take any risks, they don’t want to put in the effort, they want to enjoy themselves. I put in a lot of effort, and if (the efforts) result in success, I say it, not for personal pride, but actually to encourage other people: These things can be done, why don’t you do it? Presidential candidate Tan Kin Lian EvEn wIth jUst an 'O' Level ? ? ? ? prEsIdEnt nEEds nOt bE UnivErsIty GradUAte ? ? ? ? becAUsE OncE a prEsIdEnt, thErE wIll bE FREE hOnOUrAblE PhD ? ? ? ? |
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| 22-Aug-2011 13:49 |
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China adopted an aggressive fiscal stimulus policy even before the Lehman implosion in September, 2008. It can still afford to do so. Government revenues are quite healthy these days, up more than 30 per cent for the first half. Government debt to gross domestic product is low (though the problem loans of the big banks should probably be included in the calculus). But China needs to wean itself off its dependence on fixed-asset investment. So 10 days after Aug 9, the talk in Hong Kong is dominated by concerns about growth rather than fears of inflation. In coming months, the authorities will probably allow more exchange rate appreciation and policies will continue to encourage rising wages and other measures to foster homegrown demand. Maybe the next time Western economies stall, domestic demand from Asia will pick up the slack. But not yet. The Financial Times Limited Henny Sender is the FT’s International Financial Correspondent. |
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| 22-Aug-2011 13:43 |
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Asia won’t make up for global slack Henny Sender On the morning of Aug 9, the day after markets in Europe and the United States collapsed, the Hong Kong government agreed to sell a plot of land at the minimum asking price to the sole bidding group that bothered to show up. For a property market that has seen prices rising 80 per cent in the past 30 months, the results sent a frisson of shock through the territory. That same day, the Hang Seng stock index dropped 5.7 per cent. Several days later, Mr Kevin Lai, the local economist for Daiwa Capital Markets, noted that with a 0.5 per cent seasonally adjusted contraction over the second quarter, Hong Kong — the most externally driven economy in the region — is now “halfway into recession”. Of course, the Hong Kong market always drops more because it is liquid and foreign investors in Asia sell what they can, not just what they wish. But suddenly, the fundamentals have also shifted.
The plunge in the South Korean market was even more dramatic and across the board, hitting everything from Korea’s (generally unimpressive) banks to its awesome technology companies, for the same combination of fundamental and technical reasons.
The plunge reflected the fact that South Korea is a proxy for global growth in trade.
It was not supposed to be like that.
Asia had begun to believe it was different— immune to the disease of low growth and deflation threatening the West’s developed markets and Japan (which has never been considered part of Asia anyway).
The most surprising fact about the contagion was that it caught Asia by surprise, marking the end of complacency about the extent to which the region has decoupled from the rest of the world.
Before Aug 9, most of the region seemed to believe that globalisation could only work one way — to its benefit. The orders would only flow in, trending ever higher, the global capital flows would only gravitate to Asia, never move in the opposite direction. |
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| 22-Aug-2011 13:29 |
Genting Sing
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GenSp starts to move up again
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All the restrIctIOns UpOn the IRs are mEAnt tO prOtEct the sIngapOre pOOls' prOfIts ? ? ? ?
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| 22-Aug-2011 13:20 |
Genting Sing
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bUy the shArEs fOr lOng shOrt CFDs wIn bOth wAys whEn It fAlls CASH OUT thE CFDs And hOld OntO the shAres fOr rEcOvEry |
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| 22-Aug-2011 13:14 |
Genting Sing
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shOrtIng tArgEt S$0.999 ? ? ? ?
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| 22-Aug-2011 12:28 |
Genting Sing
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nO stOck Is dEfEnsIVe At All Oil & Gas fAll telcO fAll retAIl fAll prOpErty fAll shIppIng fAll lOgIstIc fAll aIrlInEs fAll LeIsUre fAll fOOd fAll cOmmOdItIEs fAll REITS fAll ? ? ? ? fAll All fAll becAUsE Of sUrgIng InflAtIOn ? ? ? ? hIgh cOst Of lIvIng ? ? ? ? cOmplAcEncy ? ? ? ? cOmprIse ? ? ? ? ? ZERO sAvIng IntErEst rAtes ? ? ? ? crAzy gOld prIces ? ? ? ? |
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| 22-Aug-2011 12:22 |
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fAll fAll fAll fAll fAll fAll fAll fAll fAll fAll fAll fAll |
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| 22-Aug-2011 12:19 |
Genting Sing
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DR tOny TAN wArnEd Of DARK CLOUDS AHEAD nO mOre gOOd thIngs In sIngApOrE ? ? ? ? Only sUrgIng InflAtIOn ? ? ? ? rIsIng prIcEs In EvErythIng EvErywhErE ? ? ? ? fAllIng emplOymEnt ? ? ? ? lOwErIng eXpOrts ? ? ? ? zErO sAvIng IntErEst rAtes ? ? ? ? nO pAssIvE IncOmEs ? ? ? ? eAsIng prOpErty prIcEs ? ? ? ?
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| 22-Aug-2011 12:11 |
Genting Sing
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Genting SP wIll crAsh belOw S$1.00 If DR Tony TAN is nOt the prEsIdEnt ? ? ? ? thE OthEr thrEE prEsIdEnts All wAnt tO clOse thE IRs ? ? ? ? thAt's why jUnckEt LicEncEs arE nOt IssUsEd ? ? ? ? |
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