France is apparently following the example of Ireland and Hungary and seizing pension funds.According to eFinancialNews, the French parliament passed a law last week allowing 36 billion Euros to be seized from the French reserve pension fund to be used…
Posts Tagged ‘shortterm’
France, Ireland and Hungary Seize Pensions As Part of Move By Governments to Use Long-Term Assets to Fill “Short-Term Deficits”
November 29th, 2010 |
No Comments
STI off 0.6% to 3,233.27 at midday; short-term retracement expected: UOB
November 15th, 2010 |
No Comments
Singapore shares in broad retreat, with nearly 3 decliners for every gainer across market. STI down 0.6% at 3,233.27 midday; market tracking declines in China, Hong Kong amid lingering tightening fears, also as holiday-shortened week gives investors excuse to take breather, says Dow Jones.
UOB KayHian says after STI’s black candle Friday, “price action suggests that we may be facing a short-term retracement following strong gains since late-October,” though upward trend remains intact.
Singapore central bank to introduce short-term bills from Q2 2011
July 29th, 2010 |
No Comments
Singapore’s central bank said on Thursday it will issue short-term bills next year, a fourth instrument for money markets, to help banks manage their liquidity.
Currently the central bank uses three instruments — foreign exchange swaps, money market borrowings and repos.
Noble may forgo short-term profit for future gain: Daiwa
July 9th, 2010 |
No Comments
Interest in Noble Group (N21.SG) remains strong, +2.9% at seven-session high of $1.75 in active trade, on hopes supply chain manager will soon finalise plans for unit Gloucester Coal (GCL.AU), according to Dow Jones.
Interest piqued by Australian Financial Review report saying Gloucester seeking to raise about A$500 million ($604 million) to buy Noble’s coal assets in Australia. While Noble has already disclosed plan for Gloucester to buy its assets, decision yet to be finalised.
CCT pares gains; chance for short-term trade: JPMorgan
May 31st, 2010 |
No Comments
CapitaCommercial Trust (C61U.SG) fails to hold on to gains, now flat at $1.13 vs $1.15 earlier, says Dow Jones.
SAP attempts a comeback: Short-term memory gain
May 13th, 2010 |
No Comments
Will a takeover and new technology revive the German software giant?
WHEN Bill McDermott and Jim Hageman Snabe jointly took the helm at SAP in February they promised to be much “bolder”. The troubled German software giant would move faster to acquire other companies, and new products would be introduced more quickly. “We’re off to a very fast start,” the pair said in unison.
This was not idle chatter. On May 12th SAP announced that it would buy Sybase, a vendor of database software, in a deal worth $5.8 billion—the second-biggest purchase in the company’s history. Next week, at the firm’s annual customer conference, to be held simultaneously in Frankfurt and Orlando, it will introduce new technology, loosely called “in-memory”, that is intended to re-install SAP as an industry leader. …
STI off 0.9%; good for short-term punt, says DBS Vickers
May 6th, 2010 |
No Comments
Participation in Singapore market subdued as investors stick to sidelines pending better visibility. Overall volume thin at 783.9 million shares vs whole of yesterday’s 2.02 billion.
STI off 0.3%; short-term punts ideal, says SIAS
March 22nd, 2010 |
No Comments
Losses in most Asian bourses keep buying activity minimal in Singapore market, with 2 decliners for every gainer.
STI off 0.3% at 2,905.72 midday, although bounce off morning low of 2,897.05 suggests downside may be limited. Market quiet with only 561 million shares changing hands.
STI uptrend over, short-term trend down, says CIMB
February 8th, 2010 |
No Comments
Singapore shares reversed earlier gains as regional pullback deepens amid continued concern over ripples from Europe debt woes.
The STI is off 0.6% at 2,667.39 vs its morning high of 2,700.85 (+0.6%), with the index on track to finish at two-month low with next psychological support tipped at 2,650.
Inconclusive US pre-market futures did little to lift mood (S&P 500 down 1.5 points, DJIA +5 points).
Apple Could See Short-Term Risk from Windows 7 Launch
November 1st, 2009 |
No Comments
Apple could see its valuation threatened in the short term by Microsoft’s Oct. 22 release of Windows 7, according to an analyst report that also suggests that Apple’s Mac market share will remain strong in the future. Although Apple Macs have gained share in recent years, the launch of Windows 7 will lead to a flood of inexpensive PCs from Microsoft’s manufacturing partners, potentially affecting the composition of the marketplace.
– The launch of Windows 7 may dampen Apple’s revenues in the short term, according to a recent analyst note from RBC Capital Markets, but in the long term the Mac franchise will remain hardy.
quot;We do not expect Microsoft’s pending launch of Windows 7 Â… to erode Apple’s Mac franchise, quot; Mike A…
“This Is … a Ski-jump Recession, with Short-term Stimulus Creating a Bump That Will Ultimately Lead to a More Precipitous Decline Later”
September 5th, 2009 |
No Comments
Kevin Harrington, managing director at Clarium Capital Management LLC – which manages over $2 billion dollars – told Bloomberg:If we have a recovery at all, it isn’t sustainable. This is more likely a ski-jump recession, with short-term stimulus crea…