Latest Forum Topics / Straits Times Index | Post Reply |
STI to cross 3000 boosted by long-term investors
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SGG_SGG
Master |
26-Jan-2011 17:04
Yells: "karma karma karma chameleon" |
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Yah.. I scream loud loud mah... coz my fingers itchy till cannot tahan.. hahaha... Fantastic run!
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Farmer
Master |
26-Jan-2011 16:55
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Buy defensive/laggard stocks? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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krisluke
Supreme |
26-Jan-2011 16:22
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yeah !!! Money flow back to east liao. YUPEE !!!! | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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cathylmg
Elite |
26-Jan-2011 16:14
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LOL! They heard you!
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niuyear
Supreme |
26-Jan-2011 14:13
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US has too many 'FAT fingers', "Buy and Sell" can be pressed together at the same time.
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krisluke
Supreme |
26-Jan-2011 12:45
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Obama vows to slash oil aid, race to clean energy WASHINGTON: US President Barack Obama on Tuesday vowed to eliminate billions of dollars of oil subsidies in order to invest in a space race-like drive towards a clean energy future. "I'm asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. I don't know if you've noticed, but they're doing just fine on their own," he said in his State of the Union address. "Instead of subsidizing yesterday's energy, let's invest in tomorrow's," he added in the annual speech outlining his main policy goals. Obama vowed government support for research that could lead to breakthroughs in green energy, comparing such efforts to the Cold War race to the moon. "We're not just handing out money. We're issuing a challenge. We're telling America's scientists and engineers that if they assemble teams of the best minds in their fields, and focus on the hardest problems in clean energy, we'll fund the Apollo Projects of our time," Obama said. "With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have one million electric vehicles on the road by 2015." Obama challenged the country to scale back its dependence on fossil fuels, setting the goal of producing 80 per cent of US electricity from "clean energy sources" by 2035. "Some folks want wind and solar. Others want nuclear, clean coal, and natural gas. To meet this goal, we will need them all, and I urge Democrats and Republicans to work together to make it happen," Obama said. Last year Obama championed a clean energy bill that would have set up a "cap-and-trade" program to reduce emissions in the world's second largest polluter, only to see it die in the Senate. He faces an even steeper climb now that resurgent Republicans, who oppose carbon regulations they say would hamper a desperately-needed economic recovery, control the House of Representatives. The 21-page "Pledge to America" released by Republicans in September calls for increased access to domestic energy sources and opposition to what they describe as a national "cap-and-trade" energy tax. Republicans have often derided Obama's clean energy policies as "job killers," and support offshore oil drilling and drilling in the Arctic, nuclear power plants, and coal-to-liquid technology. - AFP/fa // care for environment too // |
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SGG_SGG
Master |
26-Jan-2011 11:53
Yells: "karma karma karma chameleon" |
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Want to move up gotta do it now hor... else I refuse to sing anthem! | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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SGG_SGG
Master |
26-Jan-2011 11:43
Yells: "karma karma karma chameleon" |
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Yahh... Thanks. The other site up and running already too.
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cathylmg
Elite |
26-Jan-2011 11:22
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Try this one. :)
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SGG_SGG
Master |
26-Jan-2011 10:31
Yells: "karma karma karma chameleon" |
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Yeeyeeer... ShareInvestor screen for STI movement is not being updated. Stuck there for the longest time. Gotta keep refreshing my yahoo screen. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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yummygd
Supreme |
26-Jan-2011 10:19
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wah victorf informatic chionging | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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ic1990
Senior |
26-Jan-2011 09:02
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wilmar openlower than yesterday's close...lalala |
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bishan22
Elite |
26-Jan-2011 08:59
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Do you know what is timing? http://www.razor.tv/site/servlet/segment/main/specials/WorldsHottestVideos/59062.html#/site/servlet/ajax/page?channel=contentbean%3a58536&view=asLargeVideoListBoxPage&page=1&autoLoad=true&video=contentbean%3a59062@58536_largeListPage@1296003403780 |
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SGG_SGG
Master |
26-Jan-2011 08:45
Yells: "karma karma karma chameleon" |
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Good morning Singapore | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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SGG_SGG
Master |
25-Jan-2011 21:44
Yells: "karma karma karma chameleon" |
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Doesn't this mean that the market has somewhat factored in the raise? Volume is low.. CNY around the corner market is thinning. The problem could also be that Dow is nearing resistence, which if it fails could be the start of a reversal. When market wants to move up, it will use any good excuse to. When market wants to move down, it will use any bad excuse to.
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Bon3260
Supreme |
25-Jan-2011 21:22
Yells: "Ooo Ooo Aaa Aaa!" |
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SSE raised interest rates during x'mas day last yr. A x'mas gift 2 Dow Jones. Guess wat'll Dow Jones give SSE a surprise during CNY??? But SSE v smart, SSE announced they might again raised interest rate during CNY. So b4 CNY, SSE oredi started 2 drop fm 2,800 - 2,600pts. ('',)
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SGG_SGG
Master |
25-Jan-2011 21:01
Yells: "karma karma karma chameleon" |
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My fingers getting very itchy though... Dunno can tahan anot till then.. See how.
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Bon3260
Supreme |
25-Jan-2011 20:32
Yells: "Ooo Ooo Aaa Aaa!" |
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Buy mid Feb2011, & sell end Mar2011...
('',)
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krisluke
Supreme |
25-Jan-2011 19:09
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banks most in red, i heard fargo well and morgan stanley / JP in black onli. same as last year if not abt obama's stimulus package : ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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niuyear
Supreme |
25-Jan-2011 18:55
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Something to look forward to: -
Wall Street Partying in Davos as Bankers Overcome CrisisBy Jan 25, 2011 7:00 AM GMT+0800
- As Wall Street chief executive officers flock to the World Economic Forum, they’ll be breathing a sigh of relief along with the Swiss mountain air: There are no panels on compensation or redesigning financial regulation. After spending much of last year’s meeting defending the industry and debating proposed rules, bankers plan to focus on wooing clients and winning business, according to executives at three Wall Street companies, who spoke anonymously because they weren’t authorized to comment publicly. The bankers will be coming to Davos, Switzerland, with a renewed sense of confidence. JPMorgan Chase & Co.’s profits last year were the highest in the bank’s history, and Citigroup Inc. returned money to the U.S. Treasury and reported its first full- year profit since 2007. Governments have so far opted against breaking up or levying extra taxes on banks deemed too big to fail, and the Basel Committee on Banking Supervision, which sets global financial-regulatory guidelines, isn’t requiring lenders to meet new capital standards until 2015. “It will feel less acute,” said Anne M. Finucane, Bank of America Corp.’s chief strategy and marketing officer, who attended with CEO Brian T. Moynihan for the first time last year and is returning this week. “The level of angst should have dissipated some given that there is movement in the economy.” Goldman, Morgan Stanley Two years ago, after the 2008 financial crisis, the CEOs of Bank of America, Citigroup and Morgan Stanley stayed away from the annual forum. This year the only major Wall Street banks that aren’t sending CEOs are Goldman Sachs Group Inc. and Morgan Stanley, instead represented by President Gary D. Cohn, 50, and Chairman John J. Mack, 66, respectively. That means banks will be spending on parties. JPMorgan upgraded its cocktail reception to the Kirchner Museum from last year’s event at the Tonic Piano Bar at Hotel Europe Davos. Bank of America’s Moynihan and the firm’s other top executives will meet clients for drinks on Jan. 27 at the Steigenberger Grandhotel Belvedere -- the same night Morgan Stanley’s Mack is hosting a private dinner at restaurant Gasthaus in den Islen. Standard Chartered Plc and Deutsche Bank AG are both hosting events at the Belvedere the following night. Nomura Holdings Inc. is having a British journalist and a newspaper editor speak at a dinner for clients, the first such event the Tokyo-based bank has held in Davos, according to a person familiar with the planning. Barclays Plc will again hold its annual client dinner at the Hotel Schatzalp, and Credit Suisse Group AG is hosting two client lunches, one discussing financial regulation and the other focused on emerging markets. ‘Cup of Coffee’ As always, much of the action at Davos will happen at meetings and parties that aren’t on the official program. “The most useful thing for us is really just to spend time with key clients over there, even if it’s just a cup of coffee for 20 minutes or so,” said William Vereker, the London-based joint global head of Nomura’s investment banking division. For bankers like Vereker, in contrast with this year’s Davos theme of “Shared Norms for a New Reality,” the old reality is back. “They’re out there to make money for shareholders and trying to do that the best way they can under a system they helped design,” said Simon Johnson, a professor at the Massachusetts Institute of Technology’s Sloan School of Management and a Bloomberg News columnist. “We’re just going through the same cycle again with pretty much the same incentives and power structures. Why would one expect anything different?” Co-Chair Kochhar One thing different this year is that none of the heads of big western banks is among the event’s six co-chairs. Chanda D. Kochhar, the 49-year-old CEO of ICICI Bank Ltd., India’s second- biggest lender, is replacing Deutsche Bank CEO Josef Ackermann and Standard Chartered CEO Peter A. Sands, who represented the industry last year. Kochhar’s bank, unlike many of its western counterparts, remained profitable throughout the financial crisis and this week reported a record profit for the three months ending Dec. 31. Her salary, bonus, expenses and pension contributions for the year ending March 31, 2010, totaled 20.9 million rupees ($457,500), the Mumbai-based bank’s annual report showed, less than half the $1 million base salary paid to JPMorgan CEO Jamie Dimon, who is returning to Davos after skipping last year. A survey released a year ago by New York-based public relations firm Edelman showed the percentage of respondents in India who said they trusted banks rose to 83 percent, while in Germany, France, the U.K. and U.S., trust in banks tumbled below 30 percent. Edelman is scheduled to release an update of that study later today. Lessons Learned Finucane and other senior bankers said the lessons learned from the financial crisis aren’t forgotten. They also said the reform process isn’t finished. Many of the rules required by the U.S.’s Dodd-Frank financial legislation have yet to be written, and Basel still has to craft rules for too-big-to-fail banks and capital requirements for trading units. “The way that Dodd-Frank is implemented is still up for grabs,” said Jane R. Gladstone, who leads the financial- services corporate advisory practice at New York-based investment bank Evercore Partners Inc. and is going to Davos for the third time. “There is a chance that we still have some important sessions and regulatory meetings at Davos.” This year the discussion at Davos will probably move to different topics such as economic stimulus, monetary policy and the role played by emerging markets, Finucane said. Geithner, Cantor Timothy F. Geithner is scheduled to be in Davos, the first time in more than a decade that a sitting U.S. Treasury secretary has flown to Switzerland for the conference. The leaders of France, Germany and the U.K. will also appear, as will seven members of the U.S. Congress, including Republican Majority Leader Eric I. Cantor and Massachusetts Democratic Congressman Barney Frank. None of the U.S.’s main financial regulators, such as Securities and Exchange Commission Chairman Mary L. Schapiro or U.S. Commodity Futures Trading Commission Chairman Gary Gensler are on the list of participants. “Last year there were a lot of conversations about who to blame, how to blame them, and how to re-jigger the industry,” said Yury Spektorov, a Moscow-based partner in Bain & Co.’s mergers and acquisitions practice. “It’s not a hot topic anymore. Some people probably learned their lessons, some probably didn’t, but they will discuss how to move forward.” Back on Track Goldman Sachs’s Cohn and Standard Chartered’s Sands are scheduled to participate in one of the first panels tomorrow, discussing “The International Financial System: Back on Track?” The discussion will also include Liu Mingkang, chairman of the China Banking Regulatory Commission, as well as London- based lawyer David R. Childs and hedge-fund manager Frank P. Brosens. That session is closed to the press. JPMorgan’s Dimon, 54, will make a more public appearance the following morning on a panel titled “The Next Shock: Are We Better Prepared?” Dimon is the only financial-industry participant in that discussion, which also includes Israeli President Shimon Peres and the leaders of consulting firm McKinsey & Co., Alcoa Inc. and Paris-based advertising company Publicis Groupe SA. Pandit, Diamond Other appearances by top bank executives are less likely to focus on Wall Street and regulation. Citigroup’s Vikram S. Pandit is on a panel about expanding financial services to the poor; Bank of America’s Moynihan will talk about currency devaluations; and Barclays’s Robert E. Diamond Jr. will discuss the global economy in a session that features World Bank President Robert B. Zoellick and the finance or economy ministers from three countries. Jonathan Chenevix-Trench, who spent 23 years at Morgan Stanley and went to Davos in 2006 and 2007, said the event could be more useful than ever if executives used the time with politicians and regulators to address unsolved problems in the financial system. “There will always be client meetings, that’s what they’re there to do, so absolutely they’ll be doing that,” said Chenevix-Trench, 59, who co-founded London-based African Century Group, which invests in sub-Saharan Africa. Still, “we’ve not solved this conundrum of bankers making hay when the times are good and taxpayers picking up the tab when times are bad, and that model, everyone’s got to look at it very carefully.” To contact the reporter on this story: Christine Harper in New
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