SingTel
Singtel looking into the possibility to invest in China Telecom. China Oriental Morning Post reported on its website that Qualcomm and Singtel are the possible investors in China Telecom. So news may attract some buying interest in Singtel on this excitment over the potential deal.
KS Energy
KS energy chairman says at the Reuters energy symmit that the company is planning to grow its fleet of rigs, may take stakes in assets, companies to expand presence as it seeks to capitalize on booming oil and gas industry.
Friday, June 6, 2008
Tuesday, June 3, 2008
Sunday, June 1, 2008
Monday, May 26, 2008
Thursday, May 22, 2008
Wednesday, May 21, 2008
SGX slump on Dow's slump
1) The Federal Reserve sees worse economic problems ahead, according to new forecasts from the central bank released yesterday.
2) The Fed lowered its economic growth forecast for the year. At the same time, it raised its projections for inflation and unemployment.
3) The Fed said in its minutes that members now expect the economy to shrink in the first half of the year -- the clearest signal yet that Federal Reserve chairman Ben Bernanke and other bankers believe the economy is in a recession.
4) The Fed also raised its unemployment forecast for the year to between 5.5% and 5.7%, up from its earlier estimate of 5.2% to 5.5%. The unemployment rate was 5% in April.
5) In addition, the Fed boosted its projection for inflation. It said it now expects personal consumption expenditures to rise between 3.1% and 3.4% in 2008, a full percentage point more than its earlier expectation.
6) Oils top USD133
Part of information extracted from money.cnn
1) The Federal Reserve sees worse economic problems ahead, according to new forecasts from the central bank released yesterday.
2) The Fed lowered its economic growth forecast for the year. At the same time, it raised its projections for inflation and unemployment.
3) The Fed said in its minutes that members now expect the economy to shrink in the first half of the year -- the clearest signal yet that Federal Reserve chairman Ben Bernanke and other bankers believe the economy is in a recession.
4) The Fed also raised its unemployment forecast for the year to between 5.5% and 5.7%, up from its earlier estimate of 5.2% to 5.5%. The unemployment rate was 5% in April.
5) In addition, the Fed boosted its projection for inflation. It said it now expects personal consumption expenditures to rise between 3.1% and 3.4% in 2008, a full percentage point more than its earlier expectation.
6) Oils top USD133
Part of information extracted from money.cnn
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