The M Hotel in Singapore’s business district once struggled to fill its rooms on weekends as visiting executives tended to leave by Friday. Now it enjoys 90 percent-plus occupancy even on Saturdays and Sundays.
A prime destination mainly for bankers and businessmen, Singapore also has started drawing tourists with a slew of new attractions, the most [...]
US Stock Market
singapore stock market,singapore stock market news
Stock futures surged Wednesday after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Overseas markets rose sharply after reports showed the pace of growth in China’s manufacturing sector rose in August for the first time in four months and Australia economy grew by the [...]
Singapore 25th most expensive city for travellers
Singapore has been ranked as the world’s 25th most expensive city for business travellers from the United Kingdom, up from 44th spot last year, according to the Global Hotel Market Survey.
The leap in Singapore’s ranking is in line with reports from the Ministry of Trade and Industry saying that [...]
Construction costs may rise, say experts
Singapore’s construction costs may climb by as much as 6 percent in 2011 when government rules that restrict foreign workers set in, according to several property experts.
Among the manpower constraints that will start this month include a rise in the foreign worker levy and a reduction of man-year entitlement, restricting [...]
Rule #1: Latour and Lafite-Rothschild Are Not the Only Worthy Wines
Relative to all wine that exists, only an exceedingly limited number of wines are considered investment-worthy.
And that universe largely spins around the very top end of the Bordeaux market.
Atop the list are the five Premier Cru (first growth wines) that always have big demand globally: [...]
Las Vegas Sands tops estimates as Asia outperforms
Adjusted EPS 17 cents vs estimate 9 cents
* Revenue up nearly 51 pct
* To amend $5 billion US credit facility
* Shares up 2.3 percent
By Deena Beasley
LOS ANGELES, July 28 – Las Vegas Sands Corp <LVS.N>, the casino operator run by billionaire Sheldon Adelson, posted a better-than-expected quarterly profit [...]
Earnings to drive U.S. stocks after ugly data
NEW YORK (Reuters) – After ugly economic data and an unexpected downturn in sentiment on quarterly earnings, Wall Street will face a tough time battling back from the latest sell-off.
Technology and banking results will once again shape investor mindset in the week ahead. But it’ll be a tough [...]
Sometimes it becomes a little too easy to attack the Fed, and we have to hold back, because well, you may get a little sick of hearing our constant ‘ranting’ at their ridiculous policies.
Okay, that one just slipped out.
However, you have to congratulate the Fed for their repeated attempts to kick start the American economy [...]
Safe Haven Shines Light Brightly
Gold is regarded by many as a safe haven when the going in the world gets tough. It can be a brightly shining lighthouse. Let’s look at the chart:
click to enlarge
Gold is one of the few charts that show a bullish five wave pattern at the moment – with maybe 7% [...]
Brutal jobs report leaves a worried Wall Street
Wall Street limited its losses over the past week amid worries about economies in Europe and China, but Friday’s weak US job numbers hit home, leaving shaken investors in need of a tonic.
“This is a headline-driven market environment,” said Frederic Dickson, chief market strategist at DA Davidson & [...]

