Singapore Compact CSR Summit is back!
Last year, the Inaugural International Singapore Compact CSR Summit was a great success with Mr Gan Kim Yong, Minister for Manpower as the keynote speaker and H.E. Par Ahlberger, Ambassador of Sweden to Singapore at the opening ceremony. more |
Europe: Manufacturing, services expansion accelerates
Europe's services and manufacturing industries expanded at the fastest pace in two years in November after a reviving global economy helped the euro region emerge from the worst recession in more than 60 years. more |
OECD cautious in its economic forecast
China has helped to pull developed countries out of recession this year, but the path to sustained growth will be bumpy, the Organization for Economic Cooperation and Development said Thursday in a cautious assessment of the global economy. more |
Asia considers capital controls as inflows threaten recovery
Asian policy makers are studying capital controls to limit “hot money” inflows that may stoke asset bubbles and force their currencies to appreciate. more |
US mortgage delinquencies a record high
The US economy and the stock market may be recovering from their swoon, but more American homeowners than ever are having trouble making their monthly mortgage payments. more |
US: Leading index signals sustained rebound
The US economic recovery will extend into next year as manufacturing expands and the pace of firings abates, reports today indicated. more |
China production and retail sales up -- cementing recovery
China's industrial production and retail sales accelerated in October, bolstering forecasts for economic growth to exceed 10 percent this quarter for the first time in more than a year. more |
Japan machinery orders rise higher than expected
Orders for Japanese machinery rose more than twice the pace economists estimated in September, signaling that a recovery in the world's second-largest economy may be sustained. more |
Phillip Commentary – 9 Nov 2009
What's ahead for the Singapore market?
What will be the impact of the stimulus injection by various countries across Asia, including Singapore. But with the Sing dollar firming which affects trade, where are the opportunities to enter the market? Alice Lim from Phillip Securities offers her views. more |
Fed pledges to keep interest rates low
Ths US Federal Reserve repeated it will keep interest rates near zero for "an extended period" and specified for the first time that policy will stay unchanged as long as inflation expectations are stable and unemployment fails to decline. more |
China to review property developers' debts
China's bank regulator plans to review debt levels at some real-estate developers on concern the companies’ borrowings are fueling excessive gains in property prices, a person familiar with the matter said. more |
US recession over based on latest data
The U.S. economy returned to growth in the third quarter after a year-long contraction as government incentives spurred consumers to spend more on homes and cars. more |
Q&A with Andrew Robinson, FX Strategist at Saxo Capital Markets
With more headlines seemingly reporting of improving manufacturing, export, trade numbers and now some central banks looking to hike interest rates – what is Saxo's view of the outlook for the global economy? more |
Q&A with Aaron Smith of Superfund Financial Singapore
With more news headlines reporting improving manufacturing, export, trade numbers and with now some central banks looking to hike interest rates, what is Superfund's view of the outlook for the global economy? more |
Investors sense rout in stocks after biggest rally
An eight-month, 68 percent rally in global stocks failed to convince investors and analysts that it's time to take on more risk or dispel their concerns about U.S. economic policies and its banking system. more |
Bonds beat stocks by a mile
Bond rallies have not generated the hoopla that the stock market customarily receives, but over the last 10 years, investors have had more reason to celebrate if they held bonds, not stocks, in their portfolios. more |
South Korean GDP expands at fastest pace in 7 years
South Korea's economy expanded in the third quarter at the fastest pace in seven years, stoking speculation the central bank will raise borrowing costs. more |
Japan Exports Fall at Slower Pace on Global Stimulus
Japan's exports fell at a slower pace in September as global stimulus spending helped the economic recovery gain traction. more |
Fed: US Economy making modest gains
Federal Reserve district banks identified commercial real estate as the weakest part of the economy, while most saw "stabilization or modest improvements" in areas including housing and manufacturing. more |
Dollar reaches breaking point as banks reshuffle reserves
Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two-quarter rout in almost two decades. more |
Singapore raises 2009 economic forecast
Singapore raised its 2009 economic forecast after gross domestic product expanded for a second consecutive quarter, strengthening a regional recovery that has prompted policy makers to consider ending stimulus measures. more |
China: Lending levels not cause for concern
Chinese central bank official Yi Gang said the strength of lending in the country isn't a cause for concern and will stabilize, reflecting the government's reluctance to rein in economic stimulus measures. more |
Market Outlook by OCBC Research
In the past few days, there were softness and consolidation in the market. We view this favourably as the STI has already gained about 80% from the low in March (vs. 54% for the S&P 500). more |
US housing prices increase by most since 2005
Home values in US cities climbed in July by the most in almost four years, helping to stem the record plunge in household wealth that has depressed consumer spending. more |
Japan's factory output registers 6th monthly gain
Japanese manufacturers increased production for a sixth month in August, capping the longest winning streak in 12 years, as emergency spending by governments worldwide rekindled global trade. more |
Negative bond returns on back of US mortgage miracle
Federal Reserve Chairman Ben S. Bernanke has some good news for investors: Treasury bondholders will lose money for the first time in 10 years amid an unprecedented decline in the gap between the interest rate on 30-year mortgages and government notes, signaling an end to the worst financial crisis since the Great Depression. more |