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Found 18 results

  1. As topic, is it a good buy? And then how to apply for it ah? Thanks!
  2. Will the stock be voided if its a fat finger sales? https://www.bloomberg.com/news/articles/2019-01-24/oops-a-brief-history-of-some-of-the-market-s-worst-fat-fingers?utm_source=google&utm_medium=bd&cmpId=google n 83 percent plunge in storied Singapore-listed stock Jardine Matheson Holdings Ltd. Thursday has traders pointing to the most likely culprit: a fat finger. Shares of the 186-year-old conglomerate plummeted in pre-market trading before bouncing right back to eventually trade higher as the session progressed. A spokesperson for the firm said it was aware an electronic trading error had occurred, while Singapore Exchange Ltd. said the bourse is looking into the stock slide.
  3. Taxi rider who did not do so promptly shares 15% of liability for her injuries, court hears http://www.straitstimes.com/singapore/courts-crime/passengers-belt-up-quickly-or-else A cab passenger who was fastening her seat belt as the vehicle was moving off will share the blame for the serious injuries she suffered when the taxi and another vehicle were involved in a collision just 20 seconds into the ride. Dr Ishkawa Natsuko, 38, suffered skull, spinal and facial fractures and was taken to the Singapore General Hospital after the March 2012 accident. She stayed there for two weeks. The Singaporean is seeking compensation for medical expenses and treatment, loss of earnings and other items. She accepted 15 per cent liability in a negligence suit she filed in the High Court against cabby Goh Peng Choon and the driver of the other vehicle. Vehicle insurers initially resisted her claims, saying she was to blame wholly or partly for not fastening the seat belt before setting off. The novel case would help to settle the issue of when the liability to ensure seat belt use kicks in - when the car is stationary or when it is in motion. Under the Road Traffic (Motor Vehicles, Wearing of Seat Belts) Rules 2011, the driver of a car has to ensure that every passenger is belted up, with some exceptions, such as medical cases. All three witnesses testified on the first day of the trial earlier this year before Judicial Commissioner Foo Tuat Yien ended it the next day, when the parties agreed between themselves that they would apportion blame by mutual consent. Dr Natsuko was fastening her seat belt after settling her things in the back seat when the collision took place, her lawyer Renuka Chettiar said in court papers. It is understood that the parties inspected the route taken by the cab driver after picking up Dr Natsuko from Leonie Hill and making a right turn into River Valley Road, where the collision occurred. Given that the cab did not speed off after picking her up and was slowed by the turn it made, it is believed there would have been time for Dr Natsuko to fasten the seat belt while the vehicle was moving, and this would have been factored into the deliberations. Lawyer Anthony Wee, who defended Mr Goh on behalf of the vehicle insurers, said the other motorist had contributed to the collision by failing to keep a proper lookout. Mr Christopher Fernandez, who represented the second defendant, Mr Low Ka Hoe, countered that the cabby was to blame for failing to give way when coming out of a minor road onto a major road. As there were no local precedents in this area, it is understood that cases from abroad - which suggested a 10 per cent to 20 per cent contributory blame on the injured party - were considered. In a 1975 English case, Lord Justice Alfred Denning ruled that if the injuries could be prevented altogether by the use of a seat belt, then the damages payable should be reduced by 25 per cent. If the failure to wear a seat belt made a considerable difference, then the damages should be cut by 15 per cent. But if the injuries would have been the same if a seat belt had been worn, then the damages payable should not be reduced at all. That case has been cited, with modifications, as a standard reference in several Commonwealth countries such as Australia and Canada. According to the judgment order issued by the judicial commissioner, both defendants agreed to bear 85 per cent of the damages payable to Dr Natsuko. Of this 85 per cent liability, Mr Goh would bear 85 per cent of the share, while Mr Low would bear 15 per cent. The case has now proceeded to assess the amount of damages payable to Dr Natsuko, who is seeking more than $300,000. A High Court case-management conference was held last month.
  4. Source: http://www.channelnewsasia.com/stories/sin.../380695/1/.html
  5. “The Fed has decided to put the waiting world out of its misery, and start the taper that most economists believe is justified by the data,” said Rob Carnell, chief international economist at ING. The central bank also emphasised that it would keep interest rates close to zero “well past” the point that the US jobless rate falls below 6.5 per cent – and said it wanted to see inflation heading back up towards its 2 per cent target before the first rate rise. “This is a very dovish ‘taper-lite’, where the Fed has done its utmost to provide an offset with its forward guidance, notably on the inclusion of inflation in the unemployment threshold,” said Alan Ruskin, strategist at Deutsche Bank. The S&P 500 equity index reversed an early decline to rise 1.7 per cent to a record closing high of 1,810. The CBOE Vix index of equity volatility, often called Wall Street’s “fear gauge”, was down more than 14 per cent. The dollar also rallied strongly, pushing above Y104 to its highest level against the yen in more than five years. The euro was down 0.5 per cent at $1.3692 while the dollar index, a gauge of the currency ’s value against a basket of counterparts, was up 0.4 per cent. US government bonds appeared largely unfazed by the Fed’s move, with the yield on the 10-year Treasury up 4 basis points at 2.88 per cent – roughly where it stood before the announcement. The two-year yield was just 1bp higher at 0.33 per cent. But gold gave back an earlier advance to stand $10 lower at $1,219 an ounce. Among industrial commodities , Brent crude settled $1.19 higher at $109.63 a barrel, although copper had a more cautious session. The metal edged back 0.1 per cent in London to $7,270 a tonne. European equities moved higher ahead of the Fed announcement, albeit in relatively subdued trading, with the FTSE Eurofirst 300 climbing 0.9 per cent. In Tokyo, the Nikkei 225 climbed 2 per cent, as the yen came under early pressure from data showing that Japan’s trade deficit had widened in November. “The weak yen is largely to blame for the recent widening of the trade deficit,” said Marcel Thieliant at Capital Economics. “As domestic demand accelerates ahead of the consumption tax hike, the deficit may well widen further in the near-term, but we should see a narrowing once the tax has been raised.” Sterling also provided some interest on the currency markets as it briefly broke back above $1.64 – and gilt prices fell – as expectations for an earlier than expected UK interest rate rise were stoked by robust jobs data. The unemployment rate fell to 7.4 per cent, the lowest since April 2009, raising the chances that it would fall below the Bank of England’s 7 per cent threshold next year. The minutes of the December meeting of the Bank’s Monetary Policy Committee, meanwhile, highlighted concern among members about sterling’s recent robust performance. “The Bank of England continues to stress that while the economy’s improved growth performance is welcome, it is still some way from returning to normality and significant headwinds remain, so interest rates need to remain down at 0.5 per cent for some time to come,” said Howard Archer, chief UK economist at IHS Global Insight. Nevertheless, the pound was up 0.8 per cent against the dollar at $1.6387 – in spite of the US currency’s post Fed announcement rally – while the yield on the 10-year UK gilt rose 5bp to 2.93 per cent. There was also further positive news on the German economy, as the Ifo institute’s business climate index increased to 109.5 this month, the highest reading since April 2012. “Judging by the ‘flash’ purchasing managers’ index released earlier this week, and this Ifo survey, the German economy remains on track to outperform its euro area peers over the near term at least,” said Grant Lewis at Daiwa Capital ­Markets.
  6. What are rights? I googled, read all the shares technical jargon but still don't understand... real noob here :p 1) let say, I've been allocated 100 rights share... if I take up, I pay $7.65 x 100. upon ex-rights, these 100 shares will be automatically go into my CDP as normal shares and I can trade it as normal trading price after that ? 2) if I don't take up, it will not convert into cash for me, right? 3) Excess rights... what is this? Any shares guru can help a bit?
  7. Yu’e Bao (余额宝) is an investment product offered through the Chinese e-commerce giant Alibaba Group Holding Ltd.'s third-party payment affiliate, Alipay.com Co. Alipay began offering Yu’e Bao, which means “leftover treasure,” last June. Alipay users can put their money into the product, which invests in funds. There is no minimum amount, and customers can withdraw their cash anytime. Yu’e Bao funds are managed by Tianhong Asset Management Co. This seem more acceptable than the bitcoin. . . https://financeprod.alipay.com/fund/index.htm
  8. So good huh Read here: http://unbrandedbreadnbutter.wordpress.com...he-wrong-track/ SMRT’s Dividend Policy SMRT has a policy that guides it to distribute at least 60% of their profits as dividends. In fact, it has consistently (since 2006) distributed about 75% or more of their profits. For example, in 2010, it earned 10.7c per share and distributed 8.5c as dividend, amounting to almost an 80% distribution of its profits. Hence, if SMRT consistently distributes most of its profits back to its shareholders, how much does it have to to competently maintain, renew, reinvest and innovate on its operations?? Does it then go against the whole purpose of why it was privatised in the first place? In the years when Singapore’s population was booming due to immigration policies, why didn’t SMRT retain and reinvest more of its profits rather than continue to distribute high dividends (and continue to stress the rail systems)??
  9. http://online.wsj.com/article/SB1000142405...eTabs%3Darticle If Temasek's nervousness proves well-founded (that's a BIG IF considering its past history), then China, and consequently the entire world, is in for a rocky time. I knew the bull run was too good to last. At least Temasek made a billion dollar profit this time, instead of their well-publicised billion dollar losses like in the past.
  10. SINGAPORE: Shares of telecom giant SingTel gained one per cent to S$3.00 on Tuesday on news that it has bagged the title sponsorship for the Singapore Grand Prix for another two years until 2012. Analysts said the sponsorship will further boost the company's profile and could potentially bolster its share price as well going forward. The sponsorship renewal follows the expiry of its initial three-year contract last month. In a statement, SingTel said the Formula One race in Singapore has raised awareness and strengthened SingTel as a global brand. Market watchers agree but warn that after three years, SingTel may have to re-inject some energy into the race experience and prevent any 'fan fatigue'. Ben Flint, Head of Asia Pacific at sports and entertainment marketing agency Fuse said: "2010 felt flat in comparison to the initial euphoria of the first event in 2008 and the additional buzz created by F1 Rocks in 2009." He added that not just SingTel but all stakeholders need to "dial up the energy". SingTel seems to have this on their minds as well, announcing several 'firsts' for this year's Grand Prix. For example, SingTel will be introducing a multi-platform viewing experience for this year's race, allowing fans to catch the race action anywhere - whether it is "live" on STAR Sports on mio TV Channel 115, online, or with their mobile devices. SingTel did not reveal how much it forked out to renew the contract but previous media reports have speculated it paid between US$8 million and US$10 million. Observers said this should not cause a dent to the company's coffers and will not have an impact on the telco's share price as it would have been factored in by now. Wong Sui Jau, Managing Director of Fundsupermart, said: "SingTel generally has been growing and has actually expanded its regional footprint as well, so this is a good way to increase their brand awareness. "So generally I think it is a good idea to keep up this kind of branding because you actually have to keep on continuing to spend money to achieve the constant awareness, because people's attention span tends to be very short." source http://www.channelnewsasia.com/stories/sin...1113740/1/.html
  11. so based on 1.67, we already lost 50% of our investment. And now all the investment is in common stock which is SUPER risky. This is CRAZY. I think this investment in citigroup must be the WORST ever for GIC. U can still argue that investing in prefered stock has less risk due to the 7% dividends and all the downside protections.... but now we end up with 50% paper loss + HUGE risk increase..... I noticed the ST report is so stupid. They used the US$2.5 price to calculate and say paper loss is only around twenty something percent. And then at the end of the article they say citi share price drop to $1.5. Why they don't use the latest price to calculate the GIC loss????????
  12. Hi Guys........i am thinking of buying some shares and was hoping that some1 can help direct me.......... i am interested to buy some shares like crude oil all that ........ any1 have any place to recommend
  13. Anyone noe the most cost efficient way to buy? Dun wanna go thru local remisier cos the brokerage is quite high. Am tinking of picking up some shares from the financial industries such as Merrill Lynch. Thanks a lot ya........
  14. Anybody can confirm Temasek Holdings bought indonesia Telekom shares and tio charge?Now kena fine quite heavily and asked to sell all the share?True?
  15. Yes as the title goes, I was qutie suprised when I heard this from the sales person saying that the CX-7 engine is from Audi's? I cannot seem to find information about this on the web can any bros please help clarify. TIA
  16. A couple of months ago on COE day, I narrowed myself to 3 cars before buying my new car, Honda Jazz, Honda City and Toyota Vios, like many people After reading about the 'horror' stories of BM SE from some of the MCF bros and sis here, I decided to give vios a miss and went to KM at Leng Kee. Upon reaching there with my mum, there was not much ppl there, maybe two or three customers beside us. We go around 'slamming' jazz and city's door and for a full 20 minutes, nobody comes to us!!! All the Beng-look-alike SE was sitting at the counter, talking to themselves. My mum was fed up and want to leave, but I hold on. Then a fat man come into the showroom and the sale ppl upon seeing him, quickly go up to serve him. WTF!! Fed up with the attitube, we go over to BM. Was quite crowded. We went over to 'slam' the vios door, sit inside and within 5 mins, a SE come to us. Ok, admitted his service was not like the hearsay CC or TC types but from the horror stories I read, was a bit surprised when he approached us and start talking about the vios... When he went off to get ready the car for my test drive, we were standing there looking at other cars, and another SE approached us. Declined his help Told me to get the non-garanteed COE package and save $1000. Tell me BM sure can get COE one. Got it on 2nd attempt . So in the end, after some test drive, I signed on the dotted line, exchanged namecard and handshake. When I go and make my payment before collecting car, was in shorts and cheap T-shirt. Before stepping into the showroom, was greet by a girl at counter. Told her was looking for my SE. So far, vios haven't give me any problems yet, i hope. Except that some idiot scratched my side door when opening his car door when my car is less than 1 month... So any other bros/sis encountered this? Or encountered the same yaya SE??? Why sudden change in service attitude?? Losing in market shares even though still no 1??? or Thais Car not as popular as Jap car?? Threat from PI(Wish factor)???
  17. Was at the Cherry QQ showroom today with my friend. I was shocked when the Cherry QQ salesman told my friend that the QQ shares the same engine as the Mitsubishi 1, only that the QQ engine does not come with turbo. Is this true? He said that Mitsubishi 1 owners pay over S$50K for their car, but Chery QQ owners get the same engine for only S$32K, enjoying a savings of over S$20K! For those who have never seen the Mitsubishi i, click on the link below http://www.greencarcongress.com/2006/01/mitsubishi_intr.html
  18. anyone wants to share the experience of grounding? how is the diff?
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