Doubledip | ICT magazine

Posts Tagged ‘doubledip’

NOL outlook improves as double-dip risk wanes: OCBC

September 9th, 2010 | No Comments

Outlook for Neptune Orient Lines (N03.SG) has improved, with container shipping group expected to return to full-year profitability in 2010 (vs US$740.8 million ($995 million) FY09 loss) as risk of global double-dip recession now reduced, says OCBC Investment Research which has Buy call with $2.41 target.

OCBC notes, US economic data in August encouraging, with factory activity growing faster-than-forecast, payrolls declining less-than-expected, private hiring surprising on upside.

Bob Doll: There will be no â€˜double-dipâ€™ recession

June 8th, 2010 | No Comments

MARKET VOLATILITY REMAINED high during the last week of May, with stocks sinking early before rebounding on May 27. For the whole week, stocks were somewhat mixed, with the Standard & Poor’s 500 Index inching up 0.2% to 1,089 and the Nasdaq Composite Index up 1.3% to 2,257, while the Dow Jones Industrial Average lost 0.6% to close at 10,137.

Singapore says double-dip recession unlikely

January 11th, 2010 | No Comments

The Singapore government said on Monday it expects unemployment to stay high for some time and growth momentum to slow in the second half of this year, though the risk of a double-dip recession is low.

The comments from the country’s trade minister come after data showed last week that the economy contracted in the fourth quarter of 2009 having emerged from recession earlier that year. A second straight quarter of contraction would meet the common definition of recession.

Obama: More Debt Could Push U.S. Into Double-Dip Recession | Biden: “Socialism For The Rich And Capitalism For The Poor” | Holder: Prosecute Fraud

November 18th, 2009 | No Comments

President Obama, Vice President Biden and Attorney General Holder all made some very hard-hitting statements yesterday.Obama told Fox news that the United States’ climbing national debt could drag the country into a double-dip recession:”I think it is …

Roubini: The World Faces a “Rising Risk” of a Double-Dip Recession

September 10th, 2009 | No Comments

Nouriel Roubini recently told The Financial Times (as summarized by Huffington Post):The world faces a “rising risk” of a double-dip recession.Roubini’s increasingly vocal about the risk of a recession relapse in the past few weeks…”I do agree with t…