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WanSiTong ( Date: 19-Sep-2013 04:09) Posted:
华 丽 姐 ,
早 安 ， 你 好 ！
早 起 的 鸟 儿 有 虫 吃 ！
大 家 一 起 发 ！
GorgeousOng ( Date: 19-Sep-2013 03:12) Posted:
NO TAPERING !
Expect the unexpected !!!!
Hahahaa!!! I will send Green Huat Kueh to Handsome Ben now!!!!
Fed Refrains From QE Taper, Keeps Bond Buying at $85 Bln
The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs to see more evidence of improvement in the economy.
Cheers!!!!
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Dow, S& P hit record after Fed holds off on taperBy Maureen Farrell @maureenmfarrell September 18, 2013: 4:12 PM ET
Click chart for more markets data.
NEW YORK (CNNMoney)
The Federal Reserve is not going to slow down the pace of its bond purchases yet. And that was just what investors wanted to hear.
The S& P 500 immediately jumped to a new record high, and the Dow quickly followed. The Nasdaq also moved up after the Fed's surprise announcement. All three indexes closed up more than 1%.
Fed chair Ben Bernanke added fuel to Wednesday's stock rally during his press conference.
Bernanke laid out plans to maintain the central bank's " highly accommodative monetary policy" for the foreseeable future, even if the Fed eventually chooses to taper.
Bond yields, which have been rising lately, slid back as well as investors bought more bonds. The 10-year Treasury yield fell to 2.71% from 2.87% earlier in the day.
The Fed's moves also pushed down the dollar and drove up commodities. Gold prices spiked more than 4% following the announcement. Oil prices rose more than 2%.
Related: See what will your monthly mortgage will be
Fed surprises: Many investors had expected the Fed to announce Wednesday that it was finally ready to begin cutting back -- or taper -- its stimulus measures.
The improving economy and falling unemployment rate was expected to be enough of a catalyst for the Fed to ease its so-called quantitative easing. The Fed has been buying $85 billion in Treasury bonds and other securities a month.
Click here for more on stocks, bonds, commodities and currencies
World reaction? European markets and Asian markets ended the day mixed, but investors around the world could rally on Thursday thanks to the Fed news.
Stocks and currencies in emerging markets such as India and Brazil have taken a big hit over the past few months on fears over potential cutbacks to the Fed's bond buying.
D.A. Davidson chief investment strategist Fred Dickson expects that emerging market currencies could rebound in the next few weeks now that the Fed has put the tapering on hold.
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Huat arh !
World Markets
North and South American markets closed sharply higher today with shares in Brazil leading the region. The Bovespa is up 2.80% while Mexico's IPC is up 1.84% and U.S.'s S& P 500 is up 1.22%.
North and South American Indexes
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华 丽 姐 ,
早 安 ， 你 好 ！
早 起 的 鸟 儿 有 虫 吃 ！
大 家 一 起 发 ！
GorgeousOng ( Date: 19-Sep-2013 03:12) Posted:
NO TAPERING !
Expect the unexpected !!!!
Hahahaa!!! I will send Green Huat Kueh to Handsome Ben now!!!!
Fed Refrains From QE Taper, Keeps Bond Buying at $85 Bln
The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs to see more evidence of improvement in the economy.
Cheers!!!!
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Stocks: It's taper time!
By CNNMoney Staff @CNNMoneyInvest September 18, 2013: 8:38 AM ET
All eyes are on the Federal Reserve Wednesday as the central bank is expected to take the first step in winding down the program of asset purchases it has deployed to support the economy and markets.
U.S. stock futures edged higher, with investors cautious about taking any big bets ahead of the Fed's statement.
Investors and traders have been bracing for the Federal Reserve to cut back -- or taper -- its stimulus measures, which have seen the Fed buy bonds and other securities worth $85 billion per month.
Many experts are forecasting the Fed will make a small cut to its asset purchases this month as the economy has been improving and unemployment falling. Others expect the tapering to start later.
The central bank is scheduled to release a statement at 2 p.m. ET following the conclusion of its latest policy-making meeting. Fed chair Ben Bernanke will then hold a press conference at 2:30 p.m. to discuss the Fed's latest assessment of the economy and its plans for the future.
Related: The taper is coming. Get over it.
" It's all about the Fed, not only the tapering decision, but also the statement language and the accompanying press conference," said Simon Smith, the London-based chief economist at FxPro.
Ahead of the announcement, investors received one disappointing reading on the health of the economy. The Census Bureau's monthly reports on housing starts and building permits came in below expectations.
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By Adam Haigh - Sep 18, 2013 4:30 PM GMT+0800
Asian stocks rose, with the regional benchmark index trading near a four-month high, before the Federal Reserve decides later today whether to slow its $85 billion of monthly asset purchases.
Sharp Corp. (6753) climbed 1.6 percent in Tokyo as consumer discretionary companies led gains on the Asia-Pacific benchmark index. Kawasaki Heavy Industries Ltd. (7012) surged 4.7 percent to a six-year high amid unconfirmed reports the Japanese manufacturer secured a 180 billion yen ($1.8 billion) railcar order. Kansai Electric Power Co. sank 1.9 percent in Tokyo after the utility halted units at two power plants.
The MSCI Asia Pacific Index gained 0.5 percent to 138.80 as of 4:23 p.m. in Hong Kong as eight of the 10 industry groups on the gauge advanced. Futures on the Standard & Poor?s 500 Index rose 0.1 percent.
?Any sort of announcement, whether it?s zero tapering or $5 billion or $10 billion is going to have an effect on the market no matter what,? Nick Maroutsos, Sydney-based managing director and co-founder of Kapstream Capital, which oversees about $5 billion, said by telephone. ?What we do know is that it?s going to be a very, very gradual withdrawal of stimulus. We are bullish on equities.?
Japan?s Topix index climbed 1 percent to a six-week high, with volume 35 percent above the 30-day average. Australia?s S& P/ASX 200 Index slid 0.3 percent from a five-year high and New Zealand?s NZX 50 Index (NZSE50FG) rose 0.1 percent.
Hong Kong?s Hang Seng Index slipped 0.3 percent and Taiwan?s Taiex Index slid 0.5 percent. China?s Shanghai Composite Index added 0.3 percent, while Singapore?s Straits Times Index climbed 0.5 percent. South Korea?s equity market is closed today for a holiday.
Fed Meeting
The Federal Open Market Committee is meeting to consider whether it will taper its $85 billion a month in bond buying. Analysts are divided on the amount by which the Fed will scale back its monthly asset purchases. Among 64 economists surveyed by Bloomberg News, 33 predict it will reduce its buying of Treasuries by $5 billion or less, with 31 forecasting a cut of $10 billion or more.
?It?s so up in the air right now that no one really knows what to expect,? said Maroutsos. ?To say things are largely priced into the market is a bit naive. Now that we?re getting data that?s relatively positive, with the jobs market on the right footing and the housing market doing better, this should all be stock-market positive.?
Speculation over the future of the Fed?s quantitative easing program has whipsawed global assets since May, when Chairman Ben S. Bernanke first signaled cuts may start in 2013. The Asia-Pacific index climbed to a four-month high this week after former Treasury Secretary Lawrence Summers withdrew his bid to be the next Fed chairman
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Baker rebound ! Huat arh........
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Lol...... I'm waiting 2015 to pick up cheap durians.......
teeth53 ( Date: 18-Sep-2013 08:22) Posted:
Ah Ben speaking tonite. QE is tapering off liao, still got pple's spending n rushing to buy up property.
End of QE is what make Singapore avoiding the full blow property bubble with a 60% borrowing. |
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Tally with Hello123's comment...........Just for info.............
DYODD...........
WanSiTong ( Date: 18-Sep-2013 09:57) Posted:
Issue on 18 Sep 2013
WanSiTong ( Date: 18-Sep-2013 09:45) Posted:
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CNA Group (CNA SP, 5GC) ? Looks poised for further downside?
S ource: UOBKH
CNA Group (CNA)
Last price: S$0.20
Technically, prices of CNA may test S$0.165 as the stock looks poised to trade below S$0.195. On 13 Sep 13, directors of CNA announced that CNA had on 12 Sept 13 allotted and issued 60m placement shares at the issue price of S$0.1208 per placement share. On 2 Sep 13, CNA also signed a Letter of Award via its Vietnamese subsidiary, CNA-HTE Vietnam Co to renovate, upgrade and expand Ho Chi Minh City?s Tan Son Nhat International Airport?s |
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Issue on 18 Sep 2013
WanSiTong ( Date: 18-Sep-2013 09:45) Posted:
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CNA Group (CNA SP, 5GC) ? Looks poised for further downside?
S ource: UOBKH
CNA Group (CNA)
Last price: S$0.20
Technically, prices of CNA may test S$0.165 as the stock looks poised to trade below S$0.195. On 13 Sep 13, directors of CNA announced that CNA had on 12 Sept 13 allotted and issued 60m placement shares at the issue price of S$0.1208 per placement share. On 2 Sep 13, CNA also signed a Letter of Award via its Vietnamese subsidiary, CNA-HTE Vietnam Co to renovate, upgrade and expand Ho Chi Minh City?s Tan Son Nhat International Airport?s |
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CNA Group (CNA SP, 5GC) ? Looks poised for further downside?
S ource: UOBKH
CNA Group (CNA)
Last price: S$0.20
Technically, prices of CNA may test S$0.165 as the stock looks poised to trade below S$0.195. On 13 Sep 13, directors of CNA announced that CNA had on 12 Sept 13 allotted and issued 60m placement shares at the issue price of S$0.1208 per placement share. On 2 Sep 13, CNA also signed a Letter of Award via its Vietnamese subsidiary, CNA-HTE Vietnam Co to renovate, upgrade and expand Ho Chi Minh City?s Tan Son Nhat International Airport?s
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Vard Holdings ST: the upside prevails as long as 0.901 is support
Alternative scenario: below 0.901, expect 0.843 and 0.81.
Our pivot point stands at 0.901. Our preference: the upside prevails as long as 0.901 is support. Alternative scenario: below 0.901, expect 0.843 and 0.81. Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 0.9 and 0.86). Supports and resistances: 1.109 * 1.075 ** 1.04 0.945 last 0.922 0.901 ** 0.843 * Copyright 1999 - 2013 T 
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Falcon Energy Group ST: the upside prevails as long as 0.339 is support
Alternative scenario: the downside breakout of 0.339 would call for 0.3 and 0.276.
Our pivot point is at 0.339. Our preference: the upside prevails as long as 0.339 is support. Alternative scenario: below 0.339, expect 0.3 and 0.276. Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 0.35 and 0.34). Supports and resistances: 0.482 * 0.458 ** 0.434 0.375 last 0.354 0.339 ** 0.3 * Copyri 
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大 家 一 起 发 ！
发 啊 ！ ！ ！
GorgeousOng ( Date: 18-Sep-2013 05:41) Posted:
万 弟 ，
早 安 ， 你 好 ！
早 起 的 鸟 儿 有 虫 吃 ！
大 家 一 起 发 ！
大 丰 收 啊 ！ ！ ！
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Fraser & Neave ST: the downside prevails as long as 5.67 is resistance
Alternative scenario: the upside breakout of 5.67 would call for 5.83 and 5.92.
Our pivot point stands at 5.67. Our preference: the downside prevails as long as 5.67 is resistance. Alternative scenario: above 5.67, look for 5.83 and 5.92. Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 5.57 and 5.58). Supports and resistances: 5.83 * 5.67 ** 5.61 5.54 last 5.34 5.24 ** 5.16 * Cop 
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Summers? Exit Ushers in Stock Spring
Global Equities
US equities carried on higher, as Lawrence Summers? bowing out of the race for the US Federal Reserve?s top job raised hopes that money policy could stay easy for some time yet. The Fed is expected to, after their twoday pow-wow, tap lightly on the brakes, reducing treasury purchases by USD5 billion. With Summers, the former Treasury Secretary out of the picture, Fed Vice-Chair Janet Yellen is now the front-runner in Washington?s top guessing game of the summer. In coming months, the Fed will also have to grapple with filling vacated seats on the Federal Open Market Committee, as well as headship at some regional Fed banks.
Frenzy over Summers? exit eclipsed an unexpected fall in New York manufacturing activity, as the Empire State index fell to 6.29 in September from 8.24 in August. A rise to 9 was expected. Factory output and capacity utilisation data rose in line with forecasts, rising 0.4% on-month and to a 77.8% level respectively.
Europe shares also got a boost from Summers? Fed race withdrawal, with the DJ Stoxx 600 pushing 0.6% higher, Germamy?s DAX surging 1.2%, UK?s FTSE climbing 0.6%, and France?s CAC-40 rising 0.9%. Separately, Britain?s public investment authority has kick-started selling its stake in Lloyds, one of the banks it bailed out during the 2008 financial crisis..
Southeast Asia
Southeast Asia stocks saw some of the best gains they were hit hardest by earlier by talk of Fed
tapering. Singapore's STI rose 1.7%, Thailand?s SET jumped 2.6% and Philippine?s PSEC added 1.9%. Indonesia's JCI rose 3.3%, helped by investors still positive that the central bank is actively battling inflation after it hiked policy rates to 7.25% last week. This feelgood also pushed one-month rupiah forwards up. Malaysia markets were closed for a holiday.
In economic news, Singapore?s non-oil domestic exports unexpectedly slid 6.2% on-year and fell 6% on-month in August. Electronics exports also showed weakness, tumbling 9.2% on-year.
North Asia
Asia equities started the week strong, rejoicing over Summers bowing out from the Fed?s race to the top. Hong Kong?s Hang Seng rose 1.2%, South Korea?s Kospi gained 1%, and Taiwan?s TWSE ticked 1.4% up to its highest close since 17 July. In other news, the shuttered Kaeseong industrial complex reopened five months after North Korea threatened the South with nuclear attacks. Japan markets were closed for a holiday.
Hong Kong equities were supported by a rally in gold producers as easing Syria tensions helped the bullion cinch a second day of gains, clawing back some of last week?s losses. Zhaojin Mining Industry rose 4.4%. Also helping was internet giant Tencent?s 1.6% gain as its market value topped USD100 billion with the explosive growth of China?s internet use.
China shares however fell 0.2% as investors continued locking in profit after a string of data showed growth is gaining speed, and Shanghai was bestowed free trade zone status. (Read Report)
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By Bloomberg News - Sep 17, 2013 3:38 PM GMT+0800
China?s stocks fell the most in two months after foreign investment data trailed economists? estimates and money-market rates rose before the start of holidays this week.
Liquor maker Kweichow Moutai Co. (600519) plunged 5.6 percent, dragging a gauge of consumer-staples producers to the second-biggest loss among industry groups. Shanghai Pudong Development Bank Co. and Poly Real Estate Group Co. led declines for lenders and developers with a retreat of more than 3 percent. Shanghai International Port (Group) Co. dropped 10 percent after UBS AG downgraded the stock to sell. China Eastern Airlines Corp. tumbled 7.1 percent after surging 27 percent since Aug. 22.
Sept. 17 (Bloomberg) -- Kerry Series, chief investment officer at Eight Investment Partners, talks about the outlook for Asian financial markets and his investment strategy. Series also discusses Federal Reserve monetary policy and its implications for Asian markets. He speaks in Hong Kong with Mia Saini on Bloomberg Television's " First Up." (Source: Bloomberg)
The Shanghai Composite Index (SHCOMP) fell 2.1 percent to 2,185.56 at the close, the most since July 8. A report showed foreign-direct investment grew 0.6 percent last month, compared with the Bloomberg estimate of 12.5 percent growth. A gauge of funding availability in the banking system climbed as demand for cash increased ahead of local holidays.
?It?s pretty heavy profit taking after the recent rally and investors are using poor data as an excuse to sell shares,? said Wang Zheng, Shanghai-based chief investment officer at Jingxi Investment Management Co., which manages $120 million.
The Shanghai index has risen 12 percent since this year?s low on June 27 as data ranging from exports to industrial output showed growth is accelerating and as companies based in the city surged after the State Council approved a free-trade zone.
Chinese markets will close on Sept. 19 and 20 for the mid-Autumn festival and Oct. 1 to 7 for National Day holidays. The CSI 300 Index slipped 2.1 percent to 2,427.32 today. The Hang Seng China Enterprises Index retreated 0.7 percent. The Bloomberg China-US Equity Index of the most-traded Chinese stocks in the U.S. rose 0.4 percent yesterday.
?Soft? FDI
China?s non-financial foreign direct investment rose in August from a year earlier to $8.38 billion, according to the Ministry of Commerce. Foreign investment growth slowed from 24.1 percent in July. The Conference Board?s leading index for China climbed 0.7 percent to 269.3 last month from 267.4 in July.
?While the FDI figure is rather soft this, in my opinion, is not an indication that the economic recovery is weaker than expected,? said Gerry Alfonso, a trader at Shenyin & Wanguo Securities Co. in Shanghai. ?FDI is becoming very volatile but the main driver on China?s economic growth is not any more foreign investment but domestic capital.?
A measure of consumer-staples producers in the CSI 300 slid 2.4 percent, the second most among 10 industry groups. Kweichow Moutai, China?s biggest liquor maker by market value, declined 5.6 percent to 141.30 yuan.
Financials Slump
?Sales of Moutai and other liquors are said to sell not very well ahead of holidays so these shares are being dumped,? Jingxi Investment?s Wang said.
Shanghai Pudong bank declined 5.7 percent to 10.83 yuan. Shanghai-based Bank of Communications retreated 3.5 percent to 4.41 yuan. Ping An Bank lost 3.1 percent to 12.79 yuan. Poly Real Estate Group, the second-biggest developer, declined 3.7 percent to 10.59 yuan.
China?s one-year interest rate swaps rose from the lowest level in a month, while the seven-day repurchase rate climbed eight basis points to 3.58 percent, according to a weighted average compiled by the National Interbank Funding Center.
The Shanghai measure is valued at 8.8 times its projected 12-month earnings, compared with the five-year average of 12.6 times, according to data compiled by Bloomberg. Trading volumes were 12 percent above the 30-day average, Bloomberg data showed.
Trade Zone
Shanghai International Port plunged by the daily limit to 5.87 yuan, paring a rally to 130 percent since Aug. 22, when the Ministry of Commerce said the city?s free-trade zone proposal had been approved in July. The shares were cut from buy at UBS, according to a note dated yesterday. Shanghai-based China Eastern Airlines, the nation?s second-biggest domestic carrier, dropped 7.1 percent to 3.03 yuan.
An opening ceremony for a Shanghai free-trade zone to test economic reforms is planned for this month, with Chinese Premier Li Keqiang set to officiate, two people with knowledge of the matter said. The event may be on a day from Sept. 27 to 29, depending on Li?s schedule, said the people, who asked not to be identified because they weren?t authorized to speak publicly about the matter.
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You are right! Huat arh......
| Name |
Listing Date |
Expiry / Closing Date |
Conversion Ratio |
Exercise Price |
Outstanding Bal |
| FALCON ENERGY GROUP W131102 |
08 Nov 2010 |
02 Nov 2013 |
1.00000 |
0.40000 |
162,818,594 |
edwinjup ( Date: 17-Sep-2013 21:27) Posted:
Seems like co try to make some premium for wrt holder to convert...wrt holder need to pay 40cents to convert..expired within two months....it a lot of money for the co
edwinjup ( Date: 17-Sep-2013 21:22) Posted:
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