News & Events

After the Bell with Paul Ebeling

 
After the Bells in the Global Markets: Stocks flat as Rally stalls…
 
Players and Investors alike are getting selective about risk. A rally in shares ran out of steam late in the Global session, but the Euro keeps rising as fears of a looming crisis in Europe continue to decline.

The FTSE All-World stock index is up [...]

Can Aquino Build the Philippines Economy?

Time really is not running out for the $US160 billion Philippines economy but Aquino’s presidency may be the nation’s last hope of avoiding more years of underperforming, and it is very important that he gets it right.
It has extensive natural resources, a growing and largely English-speaking population, an ideal location to ride Asia’s boom and [...]

Los Angeles Auto Show to debut over 20 New Cars

The organizers of this year’s Los Angeles Auto Show, one of the major International automobile exhibitions to be held in November on the US Westcoast, said Thursday that the Premiere event will stage the world debut of more than 20 new vehicles.
Many more cars will also make their debut in North America during the 12 [...]

Uncertain Crude Oil supply may become new risk for the World Economy

The uncertainty of energy supplies, in particular Crude Oil, might become a new risk for the World Economy, a leading economist said Thursday.
“We think there is enough strength to keep the recovery going. However, it’s still fragile. There are things that can go wrong,” said David Wyss, global chief economist of Standard & Poor’s, [...]

China stocks hit 2-month high, led by steel and cement makers

Chinese shares continued to advance Thursday, sending the benchmark index to the highest level in 2 months, led by strong gains in steel and cement makers.
The benchmark Shanghai Composite Index rose 0.55%, or 14.46 pts, to close at 2,648.12 pts.
The Shenzhen Stock Index was up 0.13%, or 13.74 pts, to close at 10,838.91 pts.
Total turnover [...]

ASEAN Markets to Reflect USA Fall

Over Night trading in the USA will bring some pressure to regional exchanges today however, the trend of late in ASEAN has been to consolidate during soft periods on the US exchange followed by gains during USA rallys. So, today is a good day to be buying in ASEAN.
The Jakarta Composite Index posted the biggest [...]

Singapore Stock Market News

Shares in Singapore closed higher on Thursday, with the benchmark Straits Times Index at 2,997.65, up 0.41 per cent, or 12.27 points.
Around 1.4 billion shares exchanged hands.
Gainers beat losers 253 to 187.
The Monetary Authority of Singapore (MAS) said it posted a net profit of 10.12 billion Singapore dollars (about 7.4 billion U.S. dollars) during the [...]

Volatility Leaves Goldman Sachs and Berkshire Hathaway Short

Goldman Sachs said its bets that stock swings would narrow lost money in the second quarter, according to its earnings statement. While the firm didn’t break out the loss, Goldman Sachs said revenue in the division arranging the trades slumped 62 percent from a year earlier to $1.21 billion. Ed Canaday, a spokesman for the [...]

Shayne Heffernan on XLY The Consumer Discretionary Select Sector SPDR Fund

The Consumer Discretionary Select Sector SPDR Fund, whose members include Home Depot and Lowe’s, fell 1.3 percent at 12:29 p.m. today and has lost 6.4 percent since June 15. The SPDR S&P 500 ETF Trust, which tracks the S&P 500 index, is down 1.9 percent during the same period. At these low prices the stock [...]

Thailand Stock Exchange News

The Stock Exchange of Thailand (SET) composite index gained 0.81 point or 0.09 per cent to close at 854.59 points. The market value was 27.62 billion baht, with 5.79 billion shares traded. The strength of the Thailand Market puts it on track to break 1000 before March 2011 according to Shayne Heffernan of Ebeling Heffernan.
Top [...]