Monthly Archives: June 2008

To stay invested or not?

Dow Jones Industrial Average Index was down 20 per cent since its October 2007 peak. It touched a low of 11,346 points last Friday on 27 June 2008. Blue-chip indexes in France, Germany and other European countries are down more … Continue reading

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Inflation at 7.5% for May 2008

Inflation for May 2008 as measured by Consumer Price Index (CPI) increased 7.5 per cent over May 2007. (April 2008 saw similar 7.5% increase year-on-year.) For the first 5 months of 2008, the CPI was 7.0% higher compared with the … Continue reading

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Non-oil domestic exports (NODX) dropped 11% in May

NODX dropped by 11 per cent in May 2008, reversing the 5.3 per cent growth in April 2008, due to a fall in both electronic and non-electronic NODX. (Source: IE Singapore Press Release)   Electronic export shrank 8.5% overall, with … Continue reading

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Inflation reduces wage growth

For the quarter ended 31 March 2008, nominal wages in Singapore rose 10.6% for all sectors of the economy when compared with the same quarter in 2007. When this was adjusted for inflation which was at 6.6% for the same … Continue reading

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Time to create portfolio of equities – 2008

During past weeks, nervousness creeps back into major stock markets, from US to Hong Kong and Singapore. Dow Jones Industrial Average, Hang Seng Index and Straits Times Index have fallen on fear of sky-high oil prices. Inflation is now the … Continue reading

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Interest rates rising?

As we read comments recently from European Central Bank (ECB) President, Reserve Bank of Australia (RBA), and Federal Reserve Board (Fed) Chairman, one can’t help but notice that fear of inflation is now as important as fear of slow economic … Continue reading

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Finally settled in

Since moving in on Monday, we spent next three days unpacking things from our many carton boxes. The adjustment to a new place takes some getting used to. Things are now placed in different wardrobes, cupboards, book shelves, etc. Our … Continue reading

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