ShareJunction - Member Posts

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http://www.cnbc.com/id/46445872

" And above all it is very strictly coupled to conditions that the Greeks must fulfil. For example what is still being discussed now is what in future should supervise (the process) so that growth path in Greece can be pursued."

At present the " Troika" of the European Commission, European Central Bank and International Monetary Fund oversee how well Greece complies with conditions for bailout money, she said.

" It will be discussed intensely whether these control instruments remain intact..!!! or (Other wise) to..maybe...if we create a new control instrument to accompany the Greeks' reform path," she said.

As long as the Greek parliament backs reforms that will eventually put Greece back on its feet after a long, painful reform drive, Europe will stand by Athens, she said.

teeth53 thot: Not without condition, new condition may apply to, just making sure. Greece don run away with d bailout money.

teeth53 ( Date: 19-Feb-2012 22:23) Posted:

Jim Rogers on CNBC: 'Big, Big Messes' Coming

under estimating will power of Greece, through Greek's people's is not happi at all, just very naturally.

Portugal had gone through, yet surviving, so is Ireland. (PIIGs nations)

teeth53 ( Date: 19-Feb-2012 22:10) Posted:

Some interesting forum in CNA on Jim Roger...think he sold too early liao.

http://forum.channelnewsasia.com/showthread.php?52037-OG!-Jim-Roger-I-sold-all-my-US-stocks-now!& p=303922& posted=1#post303922

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Jim Rogers on CNBC: 'Big, Big Messes' Coming

under estimating will power of Greece, through Greek's people's is not happi at all, just very naturally.

Portugal had gone through, yet surviving, so is Ireland. (PIIGs nations)

teeth53 ( Date: 19-Feb-2012 22:10) Posted:

Some interesting forum in CNA on Jim Roger...think he sold too early liao.

http://forum.channelnewsasia.com/showthread.php?52037-OG!-Jim-Roger-I-sold-all-my-US-stocks-now!& p=303922& posted=1#post303922

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Some interesting forum in CNA on Jim Roger...think he sold too early liao.

http://forum.channelnewsasia.com/showthread.php?52037-OG!-Jim-Roger-I-sold-all-my-US-stocks-now!& p=303922& posted=1#post303922

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STI may hit 3080 in coming Monday morning trading.....tua tua Chion....Huat...Arhhh
http://www.cnbc.com/

Lastest news carry by...CNBC
Euro zone finance ministers look set to approve a bailout package for Greece on Monday....

SGG_SGG ( Date: 17-Feb-2012 11:19) Posted:

here comes Hang Seng to save the day!!!

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China as no-2 world largest economy, has taken initiative to lead, as Monday is a Presidents Day.

Monday, DOW no trading, oso major news reported, Money.cnn, Bloombery, CNBC and others high lighted...

China eases bank restriction to boost growth
China cut the amt of cash that banks must set aside as reserves
China Cuts Bank Reserve Requirements to Help Lending

tiancai007 ( Date: 19-Feb-2012 01:42) Posted:

Thanks for the info. But why did China only announce the news on sat night? Weird...

teeth53 ( Date: 18-Feb-2012 23:48) Posted:

http://sg.finance.yahoo.com/news/china-cuts-banks-requirement-ratios-123833295.html

China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan (£35.1-£40.1 billion).

People's Bank of China (PBOC) is on the course of gentle policy easing to cushion the world's fastest-growing major economy against stiff global headwinds as Euro debt crisis grinds on, although it has been treading warily.

PBOC cut big banks' reserve requirement ratio (RRR) by 50 basis pts to 20.5%, effective from next Friday.

Siow liao. STI Penny chiong lohh, S-chips in play, so is my Artivision...arhh as China does a QE...

Happi trading coming Monday morning...:) Big Grin

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http://money.cnn.com/2012/02/17/news/economy/obama_job_creation/index.htm

(CNNMoney) -- The United States economy is on the road to recovery, the White House said Friday, with stronger job growth expected this year.

But income inequality and Europe's debt crisis could still pose challenges, according to a report released by President Obama's Council of Economic Advisers.

Obama's recent State of the Union address, it focuses heavily on income inequality, and building an America where " everyone gets a fair shot."

While 1.8 million jobs were created last year, the economy still needs to add about 5.6 million jobs to get back to 2008 employment levels -- and that's without accounting for population growth.

New forecasts from the Council of Economic Advisers estimate 2 million jobs will be added in 2012.

teeth53 thot: DOW will do a catch up on Tuesday as Monday is a Presidential Day.

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Almost SGD 80 billion is release into the China / HK mkt. Big Grin

STI opening to test +38 pt..?. STI 3,040 ++

teeth53 ( Date: 18-Feb-2012 23:48) Posted:

http://sg.finance.yahoo.com/news/china-cuts-banks-requirement-ratios-123833295.html

China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan (£35.1-£40.1 billion).

People's Bank of China (PBOC) is on the course of gentle policy easing to cushion the world's fastest-growing major economy against stiff global headwinds as Euro debt crisis grinds on, although it has been treading warily.

PBOC cut big banks' reserve requirement ratio (RRR) by 50 basis pts to 20.5%, effective from next Friday.

Siow liao. STI Penny chiong lohh, S-chips in play, so is my Artivision...arhh as China does a QE...

Happi trading coming Monday morning...:) Big Grin

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China does a QE...HK bourses will open green, green - +400 pt..?., STI will follow - +40 pt..?.

settowin ( Date: 18-Feb-2012 13:34) Posted:

Monday is US market holiday. Dow will remain unchanged. Hehehe, but on Tuesday night, be alert for major moves.

President's Day

February 20, 2012

tiancai007 ( Date: 18-Feb-2012 13:28) Posted:

I'm 101% sure Mon Dow wont cross 13000. Wanna bet?

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http://sg.finance.yahoo.com/news/china-cuts-banks-requirement-ratios-123833295.html

China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan (£35.1-£40.1 billion).

People's Bank of China (PBOC) is on the course of gentle policy easing to cushion the world's fastest-growing major economy against stiff global headwinds as Euro debt crisis grinds on, although it has been treading warily.

PBOC cut big banks' reserve requirement ratio (RRR) by 50 basis pts to 20.5%, effective from next Friday.

Siow liao. STI Penny chiong lohh, S-chips in play, so is my Artivision...arhh as China does a QE...

Happi trading coming Monday morning...:) Big Grin

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For STI...Friday. Tmr trading is...turning cautious on profit taking with abit of optimisim.

Euro is trading in red, while Dow is trading in green. Meanwhile..Euro is working hard on bailout package.

http://www.bloomberg.com/news/2012-02-16/europe-said-to-weigh-interest-rate-cuts-ecb-role-to-close-greek-debt-gap.html

teeth53 ( Date: 16-Feb-2012 21:54) Posted:

In other word.

Foot dragging by ECB and IMF will more or less is making EU and Greece volatile Red/Green for this wk.

teeth53 thot: Till Greece make a come next wk. will Greece hav got the will to overcome...?.

Note: world’s second-largest economy decreased its U.S. debt securities by $31.9 billion from Nov, or 2.8%, to $1.11 trillion, according to Treasury Department data released yesterday. Its position in longer-term notes and bonds also fell $32.5 billion, or 2.8%, to $1.1 trillion, the least since June 2010. Japan, the second biggest buyer, increased its holding by $3.5 billion to $1.04 trillion.

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In other word.

Foot dragging by ECB and IMF will more or less is making EU and Greece volatile Red/Green for this wk.

teeth53 thot: Till Greece make a come next wk. will Greece hav got the will to overcome...?.

Note: world’s second-largest economy decreased its U.S. debt securities by $31.9 billion from Nov, or 2.8%, to $1.11 trillion, according to Treasury Department data released yesterday. Its position in longer-term notes and bonds also fell $32.5 billion, or 2.8%, to $1.1 trillion, the least since June 2010. Japan, the second biggest buyer, increased its holding by $3.5 billion to $1.04 trillion.

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http://money.cnn.com/2012/02/16/markets/moodys_europe_banks/index.htm?iid=HP_LN

Five big U.S. banks were among 17 global institutions placed under review for downgrades Thursday by the rating agency Moody's, reflecting the ongoing economic pressures from Europe's fiscal crisis.

Separately, Moody's placed 114 European institutions under review, including nine that are subject to the review of global banks.

Where else... http://www.bloomberg.com/news/2012-02-15/china-trims-holdings-of-treasuries-to-lowest-level-since-2010.html

China, the largest foreign lender to the U.S., reduced its holdings of Treasuries in December to the least since June 2010 amid efforts to assist Europe in addressing its debt crisis.

teeth53 ( Date: 16-Feb-2012 21:34) Posted:

By Sara Sjolin, MarketWatch

http://www.marketwatch.com/story/europe-stocks-slump-on-greece-moodys-warning-2012-02-16?siteid=yhoof2
LONDON (MarketWatch) — European stock mkts fell Thurs, led by banks, after Moody’s Investors Service threatened to downgrade more than 100 financial institutions and fresh worries about Greece’s second bailout weighed on sentiment.
teeth53 thot: Is all eye on Greece's...as ECB and IMF add more pressure.

Greece is hurting Euro as ECB and IMF is foot-dragging it bailout approval. Euro is bleeding RED again.

teeth53 ( Date: 15-Feb-2012 23:43) Posted:

" It's the dilemma that Greece and the others are now facing," says Stancil. " The ailing nations are starting to figure out what the other path is, and that it's extremely tempting. It's painful, but it may be the best of only bad options."

If those countries decide to do what's best for them, not what they're being told, the " Exit route" will prevail. For every month the crisis lingers, the more alluring the exit looks.

teeth53 thot: Is all eye on Greece's...as ECB and IMF add more pressure.

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By Sara Sjolin, MarketWatch

http://www.marketwatch.com/story/europe-stocks-slump-on-greece-moodys-warning-2012-02-16?siteid=yhoof2

LONDON (MarketWatch) — European stock mkts fell Thurs, led by banks, after Moody’s Investors Service threatened to downgrade more than 100 financial institutions and fresh worries about Greece’s second bailout weighed on sentiment.

teeth53 thot: Is all eye on Greece's...as ECB and IMF add more pressure.

Greece is hurting Euro as ECB and IMF is foot-dragging it bailout approval. Euro is bleeding RED again.

teeth53 ( Date: 15-Feb-2012 23:43) Posted:

" It's the dilemma that Greece and the others are now facing," says Stancil. " The ailing nations are starting to figure out what the other path is, and that it's extremely tempting. It's painful, but it may be the best of only bad options."

If those countries decide to do what's best for them, not what they're being told, the " Exit route" will prevail. For every month the crisis lingers, the more alluring the exit looks.

teeth53 thot: Is all eye on Greece's...as ECB and IMF add more pressure.

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" It's the dilemma that Greece and the others are now facing," says Stancil. " The ailing nations are starting to figure out what the other path is, and that it's extremely tempting. It's painful, but it may be the best of only bad options."

If those countries decide to do what's best for them, not what they're being told, the " Exit route" will prevail. For every month the crisis lingers, the more alluring the exit looks.

teeth53 thot: Is all eye on Greece's...as ECB and IMF add more pressure.

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http://finance.fortune.cnn.com/2012/02/15/greece-economic-reforms/?iid=HP_LN

Greece's problems aren't all about debt...All eyes on Greece tries to push through tough austerity measures, the bad news keeps piling up. More Greek economy stuck in a rut

MORE: The euro's fatal problem isn't spending

MORE: The lure to leave the euro may prove irresistible

teeth53 ( Date: 15-Feb-2012 17:04) Posted:

More dollars stk in play, lead by Noble and STXosv.....STI index cross 3,000 liao.

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http://finance.fortune.cnn.com/2012/02/15/greece-economic-reforms/?iid=HP_LN

Greece's problems aren't all about debt. They're about competitiveness, and changing the arcane rules in areas from the cruise industry to pharmaceuticals would help it reboot its economy.

labor market, Resort development Pharmaceuticals, trucking industry and cruise industry.

In conclusion, it's clear that Greece is only embracing these widely reviled reforms under intense pressure. It may indeed choose the route of exiting the euro over the pain of staying the course. But after two years of fiddling, it's finally making the right moves. The Greek tragedy is that it may be too late.

MORE: The euro's fatal problem isn't spending

MORE: The lure to leave the euro may prove irresistible

teeth53 ( Date: 13-Feb-2012 23:35) Posted:

http://www.cnbc.com/id/46360350 (" coin got two meaning to it - Greece April general election to watch)

Greek Lawmakers Approve Austerity Bill as Athens Burns

Greek Debt Saga Back on Center Stage for Markets

teeth53 ( Date: 13-Feb-2012 23:30) Posted:

The coin got two meaning to it...Greece April general election to watch.

A frontrunner to be the next prime minister..?.

Conservative New Democracy leader Antonis Samaras has indicated Athens might yet try to renegotiate the deal. " I am calling on you to vote for the new loan agreement because I want to avoid falling into the abyss" . While

The head of the Greek Commerce Confederation, Vassilis Korkidis, had this to said...

Greek economy is going bankrupt and the country's political system is failing." Meanwhile

Papademos govt said this. The bill strained political loyalties and puts further pressure on " We are fully aware that the economic program means short-term sacrifices for the Greek people."

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More dollars stk in play, lead by Noble and STXosv.....STI index cross 3,000 liao.

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http://www.cnbc.com/id/46360350 (" coin got two meaning to it - Greece April general election to watch)

Greek Lawmakers Approve Austerity Bill as Athens Burns

Greek Debt Saga Back on Center Stage for Markets

teeth53 ( Date: 13-Feb-2012 23:30) Posted:

The coin got two meaning to it...Greece April general election to watch.

A frontrunner to be the next prime minister..?.

Conservative New Democracy leader Antonis Samaras has indicated Athens might yet try to renegotiate the deal. " I am calling on you to vote for the new loan agreement because I want to avoid falling into the abyss" . While

The head of the Greek Commerce Confederation, Vassilis Korkidis, had this to said...

Greek economy is going bankrupt and the country's political system is failing." Meanwhile

Papademos govt said this. The bill strained political loyalties and puts further pressure on " We are fully aware that the economic program means short-term sacrifices for the Greek people."

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The coin got two meaning to it...Greece April general election to watch.

A frontrunner to be the next prime minister..?.

Conservative New Democracy leader Antonis Samaras has indicated Athens might yet try to renegotiate the deal. " I am calling on you to vote for the new loan agreement because I want to avoid falling into the abyss" . While

The head of the Greek Commerce Confederation, Vassilis Korkidis, had this to said...

Greek economy is going bankrupt and the country's political system is failing." Meanwhile

Papademos govt said this. The bill strained political loyalties and puts further pressure on " We are fully aware that the economic program means short-term sacrifices for the Greek people."

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http://www.cnbc.com/id/46364368

Greece parliament backed drastic cuts in wages, pensions and jobs on Sunday as the price of a 130-billion-euro ($172 billion) bailout by the European Union and International Monetary Fund

A recession , now in its fifth year, and two years of painful spending cuts have shaken the political establishment.

Voters could be driven further to the left and right, May hav saved the country temporarily from default, but the Greek economy is going bankrupt and the country's political system is failing." Cuts include - 22% reduction in minimum wage and 150,000 jobs from the public sector workforce by 2015.

the unrest outside, and a rebellion by 43 parliamentarians of the ruling coalition, suggested Athens might already be on the brink. The bill strained political loyalties and puts further pressure on the Papademos govt.

But in comments that could further sow doubt in the minds of euro zone finance ministers, conservative New Democracy leader Antonis Samaras—a frontrunner to be the next prime minister—indicated Athens might yet try to renegotiate the deal. (Shockwaves - hav yet to settle after April Greece General election)

Unemployment in Greece reached 20.9% in Nov 2011, and half of young Greeks are jobless.

SGG_SGG ( Date: 13-Feb-2012 22:24) Posted:

the package was expected, and so was this. the country is in chaos.

riots and if turns into bloodshed, and a similar situation as in middle east, then we may have another bigger problem looming. sad situation.

http://www.telegraph.co.uk/finance/financialcrisis/9078221/Greece-passes-crucial-bailout-vote-as-country-burns.html