Buffett strongly defends Goldman Sachs

Business Times – 03 May 2010 Buffett strongly defends Goldman Sachs Would vote for Blankfein twin if new CEO needed; Berkshire swings to Q1 profit (OMAHA, Nebraska) Warren Buffett on Saturday launched a strong defence of Berkshire Hathaway Inc’s US$5 billion investment in Goldman Sachs Group Inc and the investment bank’s embattled chief executive, Lloyd [...]

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Why should the Goldman saga shock us?

Business Times – 28 Apr 2010 Hock Lock Siew Why should the Goldman saga shock us? COMMENTATORS are in a tizzy about Goldman Sachs and allegations that it helped sell a structured product to investors that it knew contained toxic assets that were set to fail. But why are we surprised? According to news reports [...]

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S’pore property market may be near peak

S’pore property market may be near peak Increases in demand are pushing prices up, says economist(SINGAPORE) The rising prices seen in the local property market are unlikely to come down anytime soon, even though the market might be near its peak, said CIMB-GK economist Song Seng Wun at a panel discussion on Singapore’s building and [...]

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Slower April sales not stopping launches

Business Times – 20 Apr 2010 Slower April sales not stopping launches Tree House, The Holland Collection being launched this weekend(SINGAPORE) Developers plan to launch more residential projects this weekend – even though home sales slowed in April after a strong showing in March. 1,761 new private homes were sold in March – a 47 [...]

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Investors sell into strength

Business Times – 16 Apr 2010 Top Stories for Front Page Investors sell into strength Turnover in the market remains at elevated levels for the second successive daySINCE Wednesday’s 48-point jump in the Straits Times Index was in all likelihood buying ahead of a push on the major US indices that day, it probably came [...]

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Tightening of Singdollar a boon for property buyers

Business Times – 16 Apr 2010 Tightening of Singdollar a boon for property buyers Move draws capital inflows, lowering interest rates(SINGAPORE) Property buyers are in a sweet spot, following the tightening of the Singapore dollar which attracts capital inflows causing interest rates to fall. The key three-month Sibor (Singapore interbank offered rate) fell to 0.64583 [...]

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Home sales sizzle despite cooling drizzle

Business Times – 16 Apr 2010 Home sales sizzle despite cooling drizzle Many buyers have HDB addresses; will more steps follow?(SINGAPORE) Government measures to cool the property market have not doused the enthusiasm of buyers. Developers sold 1,761 private homes in March – 47 per cent more than the 1,202 in February. This was disclosed [...]

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Course in global property marketing

Course in global property marketing     THE Singapore Institute of Surveyors and Valuers, and Singapore Accredited Estate Agencies will launch a Global Real Estate Specialist course next month.   The course, which will be conducted quarterly, is part of a programme for real estate practitioners who want to make their mark in foreign markets [...]

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Strong growth sends STI past 3,000

Business Times – 15 Apr 2010 Top Stories for Front Page Strong growth sends STI past 3,000 Market hits 21-month high as blue chips and bellwether stocks soar, led by the banksIT IS amazing what a strong dose of good news can do to boost optimism and market sentiment. The Straits Times Index (STI) leapt [...]

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S’pore investor sentiment stays high: survey

Business Times – 15 Apr 2010 S’pore investor sentiment stays high: survey Stock and property markets seen rising in Q2 on confidence, growth prospects(SINGAPORE) Sentiment among Singapore investors is staying at an all-time high since the financial crisis, buoyed by growth prospects and confidence in the local economy, according to the latest quarterly survey by [...]

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