Articles Written by:    CHEN SHIYIN     

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Asian stocks are 2009’s best bet, says Credit Suisse’s Parker

Bali, Indonesia: Asian stocks will be the world’s best performers this year as earnings growth in the region rebounds first and the Chinese government’s stimulus programme bolsters the economy, Credit Suisse Asset Management Securities Inc. ...

From CHEN SHIYIN, livemint.com,  4 May 2009
Related Topics: Bob Parker

Buying Bric stocks best bet on recovery, BNP Paribas says

Singapore: Investors should buy shares in Brazil, Russia, India and China as the so-called Bric markets present the best combination for a recovery in economic growth amid continued volatility, BNP Paribas Asset Management Co. Ltd said. The investment ...

From CHEN SHIYIN, livemint.com,  30 Apr 2009
Related Topics: BNP Paribas

Forecast sees Sensex on the next leg of a longer bull market

Singapore: India’s key stock index could be embarking on its second rally of a five-wave cycle that may help the benchmark surpass its earlier record high, according to technical analysis by Elliott Wave International Inc. The Bombay Stock Exchange ...

From CHEN SHIYIN, livemint.com,  25 Mar 2009
Related Topics: Bombay Stock Exchange

Indian profit estimates to drop another 25%, Credit Suisse says

Singapore: Indian earnings estimates for the next fiscal year may be cut another 25%, led by revisions for banks, as the economy weakens, Credit Suisse Group said. Analysts will probably double the one-quarter reduction in forecasts since November for ...

From CHEN SHIYIN, livemint.com,  19 Feb 2009
Related Topics: CREDIT SUISSE GROUP,  Bombay Stock Exchange,  HDFC Bank Limited

Indian, Chinese and Singaporean stocks are Asia’s best bets

Singapore: China, India and Singapore are Asia’s best bets for stocks this year as markets struggle to rebound from the rout in 2008, HSBC Holdings Plc. said. Asian equity markets will probably end the year within 10% of their current levels and a ...

From CHEN SHIYIN, livemint.com,  13 Jan 2009
Related Topics: HSBC Holdings, plc.,  Infosys Technologies Limited,  Reliance Industries

Singapore faces defaults crisis

MORE than 10,000 homes sold under a deferred mortgage plan in Singapore have not been completed as a recession and depressed property prices are raising concerns that defaults may rise in the next two years. "The critical year is 2010," said ...

From CHEN SHIYIN, Shanghai Daily,  19 Dec 2008
Related Topics: Bloomberg News,  Federal Reserve

Temasek looking to sell food-group stake

TEMASEK Holdings, a Singapore-based investment company owned by the government, is seeking to sell its controlling stake in Singapore Food Industries. Temasek said yesterday that it was looking at options on its stake in Singapore Food after the ...

From CHEN SHIYIN, Shanghai Daily,  1 Dec 2008
Related Topics: Temasek Holdings,  Bloomberg News

Keppel falls on talks to study deals

KEPPEL Corp, the world's largest builder of oil rigs, fell by the most in more than 21 years after saying it was in talks with three customers to review options for new orders agreed earlier this year. Keppel earlier dropped as much as 15 percent, ...

From CHEN SHIYIN, Shanghai Daily,  30 Nov 2008
Related Topics: Bloomberg News

Temasek execs lead the way with wage cuts

TEMASEK Holdings Pte, Singapore's state-owned investment company, has said its key managers will lead a companywide pay cut and that the global recession may extend beyond 2009. The firm, which oversees US$130 billion, said senior management has ...

From CHEN SHIYIN, Shanghai Daily,  23 Nov 2008
Related Topics: Bloomberg News,  David Cohen,  Merrill Lynch,  Barclays

Casino company narrows its losses

GENTING International, owner of the biggest UK casino operator, said its third-quarter loss narrowed from a year earlier, helped by improved gaming wins and a smaller one-time charge from the acquisition of the casino. The company's loss was S$116.8 ...

From CHEN SHIYIN, Shanghai Daily,  13 Nov 2008
Related Topics: Singapore Exchange,  Bloomberg News

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