trump powell

Gabriel Gan: Jerome Powell Cuts Interest Rate; Trump Cuts Him!

In a widely anticipated move, the Fed chief cut the interest rate by 25 basis points which was largely in line with expectations. The US market soon sold down rather quickly and viciously with the Dow Jones Industrial Average (DJIA) losing more than 300 points.

Exploring HL Global Enterprises As A Privatisation Play?

To most investors, it would be a surprising thing to know that Singapore-listed HL Global Enterprises (HLGE) is part of the Hong Leong Group of Companies which also owns Mainboard-listed City Developments Limited (CDL). For those who know or do not have any clue of HLGE as a company or what their business model is, here’s a brief look at what they do as a business entity.

Dow New High Versus Interest Rate Cut

In mid-July, the US’ DJIA soared to new historical high above 27,398 to stir up optimism among retail investors. The reason for the bullishness stemmed from expectations of an interest rate cut. However, the recent economic data showed that the US economy added 224,000 payrolls in June which was way above forecast, diminishing the urgency to slash rate by policymakers!

Top 5 Simple Ways to Build Your Wealth Slowly… But SURELY!

Much has been said when it comes to achieving wealth – elusive, unattainable, difficult… What most people don’t know however, is that achieving wealth can be easy and all it takes are baby steps and some patience (the very thing that most people don’t have).

Sharp Jumps In Stock Prices Of Department Stores: Have Fundamentals Changed?

The recent sharp moves in department store stocks of Isetan and Parkson Retail Asia (Parkson) have prompted questions among investors if managements of both companies might be embarking on drastic changes to their respective corporate structures. Recent stock price movements might be driven by stock speculators trying to game on both counters.
FILE PHOTO: U.S. President Donald Trump and China's President Xi Jinping make joint statements at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Jonathan Ernst/File Photo

Gabriel Gan: Détente Or False Dawn

The meeting between Presidents Donald Trump and Xi Jinping lasted no more than 80 minutes, but nobody has an inkling of how much they spoke with each other before they met at the G20 Summit. Or did they at all?
hiap tong

Hiap Tong Corporation – Defying Odds Of Construction Slowdown

The recent government announcement of a cutback in land supply for the second half of 2019 gives a reasonably good indication of an impending economic slowdown in the near-term horizon for Singapore. The slower flow of building permits being issued will also likely cloud the outlook for heavy equipment providers.