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The Business Times Online Edition - Singapore

Total news: 291
Last news: 21 hours 35 minutes ago

STOCKS here started the holiday-shortened week with a surge yesterday even as other major Asian equity indices lost steam after a broad rally on Monday. - [Read more]

LAST weeks column advised investors to be careful buying into what was most probably yet another bear trap. - [Read more]

SHOCKING news that the US economy has been in a recession - defined as a general contraction in economic activity rather than two consecutive quarters of declines - for a year now, the failure of US carmakers to convince the government to bail them out and a sharp drop in trading volume were three of the main features of the past week. - [Read more]

THE local stock market yesterday continued to be dogged by low volume, volatility in the Hang Seng Index and an over-reliance on penny stocks to provide the main themes in an otherwise unremarkable and nondescript session. - [Read more]

WALL Streets Tuesday bounce brought some short-covering-assisted respite to the local stock market yesterday, but its all about anticipating what the US market might do in the session ahead rather than react to the session just past. - [Read more]

ONCE again, there was no surprise in trading yesterday as Wall Streets already-anticipated - at least in this column - Monday crash reverberated around this part of the world. - [Read more]

PERHAPS not surprisingly, the Straits Times Index (STI) yesterday failed to follow through from last weeks late window-dressing push, instead dropping 42.34 points or 2.4 per cent to 1,690.23 in extremely thin trading totalling 945 million units worth $745 million, excluding foreign currency issues. - [Read more]

ONCE the month-end window-dressing of the major indices seen last week is over with (probably early this week), its very likely that Wall Street and markets in this part of the world will revert to reacting to the dismal economic and earnings news thats being issued, news thats not expected to be good. - [Read more]

A WEEK spent anticipating how Wall Street might perform later each day as well as wondering what Citigroups fate might be. - [Read more]

THERE are two features of interest associated with yesterdays 0.61- point drop in the Straits Times Index (STI) to 1,710.52. First, the strong likelihood that investors bought in anticipation and sold on news - on Wednesday, the Straits Times Index jumped almost 60 points, of which 40 came in the final few minutes because of sudden expectations that Wall Street would rally that day. - [Read more]

JUDGING by the Straits Times Indexs (STI) 57.88- point rise to 1,711.13 yesterday - the bulk of which came in the final five minutes - program traders were positioning themselves for an expected Wall Street rally later in the day. - [Read more]

SELLING into strength has been the preferred strategy over the past year and so it was again yesterday - the Straits Times Index first shot up 70 points in response to Mondays Wall Street rally but eventually closed just 32.96 points up at 1,653.25. It stood at 1,640 at 5pm but gained about 12 points in the post-closing adjustment period, mainly through a last-minute push on DBS and Keppel Corp. - [Read more]

STOCKS here started the week on a sour note yesterday as two of the worlds biggest banks scrambled to raise capital, adding to fears that the unfolding economic crisis worldwide is taking its toll on even the biggest names. - [Read more]

FIVE weeks ago in this column (Hope for the best? Maybe - but better to prepare for the worst, BT, Oct 20), we highlighted the fact that many experts had been grossly over-optimistic in over-estimating their powers of analysis while under-estimating the risks posed to financial markets by the US sub-prime collapse over the past year. - [Read more]

NOTWITHSTANDING yesterdays short - covering bounce, the week just passed has served as a grim reminder to investors everywhere that the worst is not yet over for equities. - [Read more]

WALL Streets 5 per cent plunge to a five-and- a-half-year low on Wednesday sent stocks in this part of the world tumbling yesterday, serving a grim reminder to investors everywhere that the worst is not over for equities. - [Read more]

THE fortunes of the Straits Times Index (STI) were almost entirely dictated yesterday by Hong Kongs Hang Seng Index. - [Read more]

THE regions stock markets were engulfed by a wave of heavy selling yesterday afternoon, resulting in the Straits Times Index (STI) losing the 1,700 mark when it plunged 57.12 points or 3.3 per cent to 1,692.55. - [Read more]

ITS not often that volume traded is used as the main indicator of market activity, but yesterdays haul of 767 million units worth $638 million excluding foreign currency issues was so pitiful that it warrants special mention, since it indicates a near-total absence of interest in stocks. - [Read more]

THE Encarta World English Dictionary defines capitulate as surrender, especially under specified conditions; consent or yield: to give in to an argument, request, pressure or something unavoidable. It also defines capitulation as a giving up of resistance. - [Read more]