Asian markets dip amid fresh Dubai fears

Straits Times Singapore, December 10, 2009, Thursday   BULLS AND BEARS   ST Index fares better than regional counterparts as UOB, OCBC close higher By Jonathan Kwok REGIONAL bourses experienced cautious trading sessions yesterday as the ramifications of the ongoing Dubai World default continued to be felt.  Market worries were reignited when Dubai World subsidiary Nakheel disclosed that [...]

Greece plunges into financial crisis

Straits Times Singapore, December 10, 2009, Thursday Country teeters on the brink of debt default after ratings downgrade     Striking stage employees burning invoices in front of the Greek Parliament yesterday as they demanded permanent jobs. Prime Minister George Papandreou has pledged that his government will stabilise its finances. — PHOTOS: AGENCE FRANCE-PRESSE   ATHENS: Greece is [...]

Investors hold back as US$ strengthens

BULLS AND BEARS   ST Index lifted by last-minute buying of blue chips By Goh Eng Yeow, Senior Correspondent   THE gradually strengthening greenback is changing market dynamics across Asia as yesterday’s cautious session showed. Traders were reluctant to enter the game, preferring to watch and wait as various scenarios played out, including a sell-off [...]

Contract work a growing trend

Sunday Times Singapore, December 6, 2009, Sunday Number of workers on term contracts rose to 197,200 as of June this year   By Frankie Chee Despite the economy picking up, it is still difficult for people to land permanent jobs as companies face uncertainty ahead and hiring freezes. So many job seekers now turn to term-contract positions. — ST [...]

Move for Dubai debt talks lifts markets

Straits Times Singapore, December 2, 2009, Wednesday Problem debt amounts to a smaller US$26b LONDON: World stock markets shot up yesterday after the company at the centre of Dubai’s debt crisis said it was in talks to restructure a large chunk of its business. Markets were also responding to more reassuring disclosures about the size of Dubai World’s [...]

Invest in Asia? It’s a good bet

Sunday Times Singapore, Novemember 29, 2009, Sunday If you have the risk appetite and are prepared to take a view of five to 10 years, your own backyard is an attractive option By Vasu Menon Overseas markets and exotic investments may sound much more exciting than the tried and true financial environment of home that [...]

Asset bubbles all over Asia: UN economist

Straits Times Singapore, December 1, 2009, Tuesday They may burst if short-term capital flowing in pulls out By Fiona Chan GOVERNMENTS have been urged by a top United Nations economist to keep an eye on asset bubbles, which he says are appearing all over Asia as investors pour money into the rapidly recovering region.UN Assistant Secretary-General Ajay Chhibber [...]

Green shoots but recovery slow

Straits Times Singapore, Novemeber 13, 2009 Friday       Poll of business leaders shows 58% feel optimistic that worst of crisis over By Lee Su Shyan, Assistant Money Editor MOST business leaders in the Asia-Pacific Economic Cooperation (Apec) region believe the worst of the economic crisis is over, but few expect a fast recovery. A survey of [...]

There’s A Major Correction Coming?

by iFAST Research & Content Team   Maybe, or maybe not.It’s what a lot of experts are saying, and it’s what some of us who work at FSM believed will happen. So we liquidated a part of our portfolios and kept some cash, some of us as early as June 2009, and we waited for [...]

Buy on weakness, sell into strength

Business Times Singapore, Novemeber 3, 2009 Tuesday   By R Sivanithy TWO themes were clearly discernible in yesterday’s session. The first was ‘buy the dips, but sell into strength’ which was the most favoured approach among many market players in response to Wall Street’s recent bouts of nervousness, which has resulted in the US market coming under pressure in [...]