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The Business Times Online Edition - Singapore

Total news: 291
Last news: 23 hours 20 minutes ago

ANOTHER tough trading week for the local stock market ended yesterday with the Straits Times Index once again rising and falling in tandem with Hong Kongs Hang Seng Index, whose movements were in turn influenced by two factors - the China market and expectations of how Wall Street might perform later in the day after the Singapore close. - [Read more]

TRADING yesterday followed the well-established script that has been in place for the best part of a year now - the Straits Times Index opened with a plunge in line with Wall Streets Wednesday slide, then bounced when the Hang Seng Index swung into positive territory, before closing 16.04 points down at 2,901.58. At its worst, the index lost 41 points at 2,875. - [Read more]

TUESDAYS US$5 fall in oil to about US$136 a barrel and the resultant bounce this triggered on Wall Street spilled over to this part of the world yesterday, enabling the Straits Times Index (STI) to recoup about two-thirds of the 47 points lost in Tuesdays region-wide sell-off. - [Read more]

SUDDEN expectations of a Tuesday Wall Street plunge, possibly on the release of either poor economic and/or earnings news, yesterday brought ferocious selling pressure to bear on stock markets everywhere - including Singapores. - [Read more]

A 2.2 per cent bounce in Hong Kongs Hang Seng Index and a rebound in European markets enabled the Straits Times Index (STI) to follow suit yesterday with a 41.58-point or 1.4 per cent rise to 2,934.12 that provided some relief, after the recent pummelling that saw the index drop 254 points or about 8 per cent in four weeks. - [Read more]

FOUR weeks ago on June 9, this column predicted that the buy the dips, sell into strength trading strategy that worked well throughout March- May would be severely tested in the forthcoming weeks. - [Read more]

IN the fabled Chinese water torture, it is the presence of water, normally a life-giving element, which drips onto the head of a person and eventually drives the victim insane or to death. - [Read more]

IT IS often said that the best trading opportunities present themselves when market sentiment is at its most bearish or bullish. - [Read more]

LOCAL stocks yesterday followed what should by now be a familiar pattern - they first responded to how Wall Street performed the previous night before reacting to expectations of how the US might move later in the day. - [Read more]

STOCKS here fell yesterday for the fourth consecutive day, as worries over stubbornly high oil prices and inflation clouded the broader economic and investment outlook for the second half of the year. - [Read more]

THE local stock market underwent broad-based weakness yesterday, a not-unexpected performance given Wall Streets slide last week and growing concerns over inflation, oil prices, and realisation that the sub-prime crisis may not be over yet. - [Read more]

ONE of the most striking things about the past couple of months is how quickly the phrases sub-prime crisis and credit crunch have disappeared from mainstream consciousness, both replaced by inflationary worries and oil crisis as the stock markets main bogeymen. - [Read more]

IT MAY be summer in the northern hemisphere but theres a winter chill in the air as far as Wall Street is concerned - stocks have continued to crumble in the wake of rising oil prices, a weak economy, high commodity prices, inflation worries and news of more bank write-offs. - [Read more]

WEDNESDAYS window of opportunity slammed shut yesterday as stock prices skidded lower in line with falls throughout the region. - [Read more]

WHETHER it was half-yearly window dressing come early, or short-covering, or expectations of a benign Wall Street Wednesday session, or all of the above, yesterdays 24.46-point bounce in the Straits Times Index (STI) to 2,986.62 saw a small window of opportunity open for traders to ease some of the pain theyve been experiencing over the past few weeks. - [Read more]

NETWORK scientists argue that everything is connected to everything else. So a butterfly flapping its wings in Brazil could conceivably set off changes in atmospheric conditions that eventually lead to a tornado in Texas. What relevance has this for the local stock market? - [Read more]

THE thing about a real bear trap, the steel- jawed variety that snaps shut on the limb of an unfortunate victim who accidentally steps on one, is that it can only be opened with a key. Without the right key, theres no escape and eventually the hapless party suffers a slow, painful death. - [Read more]

STOCKS here and elsewhere in Asia are headed into the new week on a decidedly negative note, after sharp losses in US equity markets on Friday and little good news expected on the horizon. Inflation, oil prices and the responses of policymakers in the worlds largest economies - as well as decisions by Asian governments - are likely to set the direction for regional share indices each day this week. - [Read more]

STOCKS here ended a volatile week yesterday with slight gains but no clear direction for the week ahead. - [Read more]

STOCKS here and elsewhere in Asia tumbled yesterday in a broad sell-off on a combination of worries over central banks likely response to soaring inflation, slowing economic growth and persistent bad news in the financial sector. - [Read more]