Current run-up still looks and smells like bear rally

Historical comparisons with 1929 may not mean that the market strength in the past two weeks is just another bear rally. But it does highlight that until the pressing structural problems in the global financial system are ironed out, each market run-up will still look and smell like a bear rally.

Chinese flip new page in push to be superpower

Mr. Song Hongbing's Currency Wars is reportedly read by senior levels of government and business in China but Beijing seems to be treating the recent nationalist works more warily. Books like China is Unhappy have been slammed by academics for being "extreme".

Seven things about American youth

They have an opinion on everything. In most classes, there would be a comment made, an opinion voiced and a rebuttal given. I would sit in rapt attention and awe, desperately trying to think deep thoughts. I blushed at my inability to keep up with my classmates. It took a while for me to realise that their opinions might not have any intellectual depth at all. It was just important to be heard.

Badminton hall reborn as F&B, leisure hub

Revamped centre opens next month; fans dismayed at loss of slice of history

Shanghai A-share Index 2,539 by UOBKH

Shanghai A-share Index: 2,539

When the Shanghai A-Index closed at 2,378, we had suggested the index would have a breakout from the 200-day moving average and a follow through to 2,523. Last Friday, the index did end up at 2,539 after penetrating the previous high of 2,523.

Nonetheless, the presence of the negative divergence of MACD on the chart below means that upward momentum may slow down.

In other words, the odds are increasing that the index may see a pullback. Unless the pullback breaches the newfound support at 2,353, the index would likely resume the momentum to head towards the congestion zone near 2,860.

Straits Times Index Analysis - DBSV

Temporary pause near 23.6% upward retracement level at 1860 to 1880 possible. Pullback to 1717 to 1737 should be viewed as a buying opportunity

Our view for STI 2140 remains intact. While we do not rule out a temporary pause near the 23.6% upward retracement level at 1860 to 1880, a pullback to 1717 to 1737 should be viewed as another buying opportunity. We maintain buying into early cyclical plays i.e. basic resource, financial, property and technology stocks. We are also positive on O&M stocks as a beta/recovery play. While financial and property stocks are expected to lead the STI higher to 2140 post the anticipated minor pullback, we also believe that laggard index stocks (e.g. SPH) and small caps should begin to steal the limelight as investors’ participation rate increases in the weeks ahead.

Foreign mates sliding off the marriage radar

The global crisis has eroded western men’s allure on the mainland

Corporate bonds may be the right medicine for investors

Offer of high interest reflects new promise in sector

How to tell if your financial adviser is a Warren Buffet or Bernie Madoff clone

So, how should you cope with financial advice and financial advisers? The first answer to this question is that you need to recognise that the job you think the adviser is doing and the job he is actually doing are two different things.

The lawyers: 21/2-year bonanza of billable hours

The team from Harry Elias law firm which represented the winning minority owners: (From left) Lawyer Kylie Peh, partner Philip Fong, Senior Counsel K.S. Rajah and partner Justin Chia

More listed companies come under auditors’ focus

Auditors have raised concerns over more listed companies, with the latest focus falling on firms such as Firstlink Investments Corporation, KXD Digital Entertainment and ASA Group.

Firms weigh cost, convenience for AGMs

But not all shareholders appreciate the cost-cutting efforts.

MAS issues new fair dealing rules for FIs

Financial institutions have to relook commission-based model, freebies strategies under guidelines

Fund manager may inject US$15m into Oceanus

Marine aquaculture specialist Oceanus Group has announced a proposed loan investment of between US$12 million and US$15 million in the group by a fund manager.

Bear market rally or the real McCoy?

Wall Street may be saying something when yesterday’s 8.5% jobless number doesn’t seem to faze it

Coming back for more vroom

Drawn by the allure, very high-end sports cars are seeing repeat buyers in Singapore

Risks and S-chips on SGX’s mind

It says it’s acutely aware of risks presented by companies operating in foreign countries

The moralist manifesto

Finance is not usually associated with questions of good and evil. The last few months have been something of an exception, at least for some politicians. It has become fashionable to blame greedy bankers for the ongoing financial crisis. But that is little more than name-calling. The best way to ward off future crises is through serious analysis of financial morality. A well-reasoned attack on greed requires some profound changes. Here are seven.

有没有人告诉你 - 陈楚生

当火车开入这座陌生的城市
那是从来就没有见过的霓虹
我打开离别时你送我的信件
忽然感到无比的思念
看不见雪的冬天不夜的城市
我听见有人欢呼有人在哭泣
早习惯穿梭充满诱惑的黑夜
但却无法忘记你的脸
有没有人曾告诉你我很爱你
有没有人曾在你日记里哭泣
有没有人曾告诉你我很在意
在意这座城市的距离
看不见雪的冬天不夜的城市
我听见有人欢呼有人在哭泣
早习惯穿梭充满诱惑的黑夜
但却无法忘记你的脸
有没有人曾告诉你我很爱你
有没有人曾在你日记里哭泣
有没有人曾告诉你我很在意
在意这座城市的距离
有没有人曾告诉你我很爱你
有没有人曾在你日记里哭泣
有没有人曾告诉你我很在意
在意这座城市的距离
Click here, and then on the song title to listen

Korean slowdown a boon for plastic surgeons, malls

Falling won lures Japanese and Chinese tourists to Seoul