Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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JUNWEI9756
Supreme |
21-Nov-2011 17:59
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Enjoy the show... Witness DOW turning into super light red or even green tonight :) | ||||
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JUNWEI9756
Supreme |
21-Nov-2011 17:45
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Sifu, if you were to call it gambling.. I would call it leisure :P I dont dare swear to other " things " Scare later buey zhun. Kena condemn. LOL !  ![]()
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iPunter
Supreme |
21-Nov-2011 17:40
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The only way to prove  resolve and confidence is to " mau" ...     but 'mau" is no different from gambling...         Swearing to teddy bears is not acceptable... lol...   ![]()
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JUNWEI9756
Supreme |
21-Nov-2011 17:26
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I Swear to my teddy bear that STI will be green tmr :) LOL ! | ||||
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mosaic
Member |
21-Nov-2011 16:59
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Please fasten your seatbelts. :) | ||||
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JUNWEI9756
Supreme |
21-Nov-2011 16:58
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Futures bloody then investors will panic dump mah :P
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bishan22
Elite |
21-Nov-2011 16:52
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Look for gap down tomorrow to catch some nice fat fish. Good luck.  ![]() |
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SGG_SGG
Master |
21-Nov-2011 16:51
![]() Yells: "karma karma karma chameleon" |
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doesn't look like it. even the US futures look bloody
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JUNWEI9756
Supreme |
21-Nov-2011 16:49
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Bleeding will stop :P
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SGG_SGG
Master |
21-Nov-2011 16:47
![]() Yells: "karma karma karma chameleon" |
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Europe is bleeding badly.. wow........................ | ||||
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xing78
Elite |
21-Nov-2011 16:26
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For Yan Lord - just placed a Q to buy at $1.06. Good Luck :p  |
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iPunter
Supreme |
21-Nov-2011 16:20
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After pump is dump... no point to enter at a high price...  ![]()   |
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xing78
Elite |
21-Nov-2011 16:16
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Good Luck. I am eyeing on Yan Lord as well. :p 
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Sgshares
Elite |
21-Nov-2011 15:55
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HONG KONG (MarketWatch) — China’s leaders have shifted towards a
consensus economic view that’s more negative than six months ago,
analysts say, with expectations of a long global downturn that could
drag on domestic growth for years.
![]() Reuters “They understand the nature of the problems right now on a global scale,” said Daiwa Capital Markets economist Kevin Lai in Hong Kong. Additional evidence of a more bearish assessment of global outlook was evident in the quarterly report released by the People’s Bank of China last week, which indicated a shift towards looser policy. Read more on Chinese central bank report. Meanwhile, Premier Wen Jiabao referred in comments Friday to uncertainties in the global economy persisting for a long time. Lai said the new tone shows China’s ruling elite are beginning to worry about a synchronized global slowdown, where Europe and the U.S. will struggle with austerity as pat of balance-sheet adjustments that could go on for years. “The policy makers are coming to terms,” Lai said, adding that the consensus among China’s leaders has shifted significantly from attitudes six months ago, even though some analysts were already beginning to warn of shifting global conditions at that time. Yo Yo Ma and Lil' Buck do 'The Swan' in BeijingCellist Yo Yo Ma and street dancer Charles Riley, aka Lil' Buck, perform Camille Saint-Saens' " The Swan" at China's National Center for the Performing Arts in Beijing. However, Bank of Singapore chief economist Richard Jerram said there appeared to be a lack of a cohesive approach around the region in terms of monetary and fiscal approaches to the shaky global economy, in spite of the growing awareness of the difficulties. “The overall impression is how mixed everything has become,” Jerram said. He added that there didn’t appear to be a clear slowdown underway across the Asian region, as yet. In fact, some central banks were on a loosening cycle in response to weaker data, while others were still worried about inflation as a top concern, Jerram said. Chris Oliver is MarketWatch's Asia bureau chief, based in Hong Kong. |
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Sgshares
Elite |
21-Nov-2011 15:52
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Ya...will long with you when reach entry price of $1.04 for short term rebound
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JUNWEI9756
Supreme |
21-Nov-2011 15:41
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I dont think it might reach there.. Seems to have strong support at $1.10....  Unless STI drops another 50 pts... lol.. 
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xing78
Elite |
21-Nov-2011 15:38
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I also eyeing Noble but it hasn't reach my target entry price ($1.04) yet. :p 
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JUNWEI9756
Supreme |
21-Nov-2011 15:35
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I longed Noble And YZJ :P  Good luck :P 
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xing78
Elite |
21-Nov-2011 15:33
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I went fishing and accumulated some Longs today for  NOL & Oceanus.  Good Luck :p   
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Sgshares
Elite |
21-Nov-2011 15:23
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Asian stocks fell for a fifth day, the longest streak in almost four months, amid concern economic growth in Asia is slowing and U.S. lawmakers may fail to reduce the nation’s budget deficit. Genting Singapore Plc (GENS) and Capitaland Ltd. (CAPL) fell more than 1.6 percent, leading declines in the Straits Times Index as Singapore’s trade ministry said economic growth may slow next year. Fanuc Corp., which makes industrial robots, lost 2.1 percent after Japanese exports fell for the first time in three months. Elpida Memory Inc. (6665), the world’s third-largest memory- chip maker, sank 7.3 percent after an industry report showed Japan’s chip-equipment orders fell 33 percent from a year ago. The MSCI Asia Pacific Index retreated 1.1 percent to 112.94 at 3:46 p.m. in Tokyo. The gauge has lost more than 1 percent in three of the last five trading sessions. The Straits Times Index (FSSTI) declined 0.4 percent, poised for the lowest close in a month. Hong Kong’s Hang Seng Index sank 1.4 percent and Japan’s Nikkei 225 Stock Average slipped 0.3 percent. “There’s likely to be a continuing impasse and people will focus on the stability of the U.S. politically,” said Tim Schroeders, who helps manage $1 billion in equities at Pengana Capital Ltd. in Melbourne. “People will probably sit on the sideline and wait for clarity.” The deficit-cutting U.S. congressional supercommittee is expected to announce today that it has failed to reach agreement on at least $1.2 trillion in federal budget savings, a Democratic aide said. The aide, who wasn’t authorized to discuss internal matters publicly and requested anonymity, said in an e- mail that it was highly unlikely that the talks could be salvaged. U.S. Stocks Futures on the Standard & Poor’s 500 Index fell 0.7 percent to 1,205.70. The U.S. equity benchmark posted its biggest loss in two months last week as Fitch Ratings said Europe’s debt crisis poses a threat to American banks. Deutsche Bank AG Chief Executive Officer Josef Ackermann said Europe needs a “firewall” to prevent its debt crisis from spreading and should increase the size of its rescue fund. In Spain, Mariano Rajoy won the biggest parliamentary majority in an election in almost 30 years, and told Spaniards to brace for difficult times as the nation fights to avoid being overwhelmed by the debt crisis. Longfor Properties Co., the developer controlled by China’s richest woman Wu Yajun, tumbled 8 percent to HK$7.67. China State Construction International Holdings Ltd. (3311) sank 9.2 percent to HK$4.96. “Weakness” in China’s stocks may last until the end of the year as the government is unlikely to introduce more “powerful” measures to fine-tune economic policies, according to Citic Securities Co. Sentiment will be negative as investors begin to worry about slumping property sales and the pace of new share sales, Liu Haobo, an analyst at the brokerage, wrote in a report today. Genting Singapore, which operates casinos, slumped 1.6 percent to S$1.515. Capitaland, which gets about 36 percent of its revenue from the city state, fell 2.3 percent to S$2.56. Singapore GrowthSingapore’s economy will grow 1 percent to 3 percent in 2012, the trade ministry said in a statement. Non-oil domestic exports will probably rise 2 percent to 3 percent in 2011, lower than a previous forecast for shipments to grow 6 percent to 7 percent, the trade promotion agency said in a separate statement today. Fanuc declined 2.1 percent to 12,180 yen. Japan’s export shipments dropped 3.7 percent in October from a year earlier, the Ministry of Finance said today in Tokyo. The median estimate of 29 economists surveyed by Bloomberg News was for a 0.3 percent decline. Osaka Securities Exchange Co. climbed 1.8 percent to 421,000 yen. The company and the Tokyo Stock Exchange, the nation’s two largest bourses, agreed to merge and are set to announce the deal on Nov. 22, the Nikkei newspaper reported. Olympus Corp. (7733) rose by its daily limit, gaining 16 percent to 725. Nippon Life Insurance Co., Japan’s biggest life insurer and a shareholder in Olympus, will continue to support the optics maker after it admitted hiding losses, said Nippon Life President Yoshinobu Tsutsui. Elpida tumbled 7.3 percent to 319 yen. Advantest Corp., the world’s biggest maker of memory-chip testers, lost 4.5 percent to 810 yen. Japan’s October chip-equipment orders declined 33 percent from a year ago to 81.2 billion yen ($1 billion), according to a Nov. 18 statement from the Semiconductor Equipment Association of Japan. To contact the reporters on this story: Lynn Thomasson in Hong Kong at lthomasson@bloomberg.net Yoshiaki Nohara in Tokyo at ynohara1@bloomberg.net To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net |
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