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STI 3,000 boosted by pivot investors mkt players
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teeth53
Supreme |
04-May-2014 00:44
Yells: "don't learn through life, learn to grow with life " |
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Singapore to reign as regional medical hub In good times or bad, demand for healthcare in S' pore will continue to increase as its growing population ages. To meet the increasing healthcare needs of the population, the govt is tapping more on private healthcare resources. One example is the recently introduced Community Health Assist Scheme which will allow 710,000 Singaporeans to enjoy government subsidies when they visit private GPs and/or dentists. Thai' s and M' sia have been sparing no efforts to attract more medical tourists, but Singapore will continue to be the destination of choice for higher-value complex procedures. Singapore will continue to play the role of regional medical hub, having medical tourists from around the world coming to Singapore for treatment. In light of the weak economic outlook, customers will be looking for value at both the corporate and individual levels. At Healthway Medical, superior service to our corporate clients to help them contain their healthcare expenditure, such as introducing preventive programmes such as vaccination and health education talks to their employees. For private patients, we must ensure that our service delivery offers them value for their money. The healthcare market is still growing, customers just want to make sure that their money are well spent and tend to shop around more in a weak economy. Healthcare industry is short of human resources and the situation will get worse as the govt tightens the supply of foreign workers. - See more at: http://sbr.com.sg/healthcare/more-news/singapore-reign-regional-medical-hub#sthash.pzgPeheQ.dpuf teeth53 thot - Medical hub sprouting up in singapore, sign of healthy development, buying interest demand to be tested, as more developers joining the Q to go into heath businesses. |
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teeth53
Supreme |
04-May-2014 00:21
Yells: "don't learn through life, learn to grow with life " |
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(Reuters) - Singapore' s sovereign wealth fund, GIC, has agreed to extend a 3.4 bil peso (S$95.7 mil) loan convertible into equity to the parent of Century Pacific Food Inc, ahead of the latter' s Philippine listing. Century Pacific told the Philippine Stk Exch, canned fish producer Century Canning Corp, will use the proceeds to finance expansion. Century Pacific will be listed on May 6 following a 3.2 billion peso initial public offering. Loan agreement is for 1-year, but may be extended by either party and carries an interest rate of 5%. See more... http://www.straitstimes.com/news/business/companies/story/singapores-gic-invests-957m-philippines-canned-fish-producer-20140502#sthash.lpwEQCco.dpuf |
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teeth53
Supreme |
04-May-2014 00:14
Yells: "don't learn through life, learn to grow with life " |
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Fund is flowing back into Asian mkt. Mr Mark Davids, a mgr for JP Morgan Asia Pacfic Strategic Equity Fund. Emerging mkts may be " turning the corner" , said a note by ABN Amro Another believer in emerging mkts is Dr Mark Mobius, executive Chairman of Templeton emering mkt grp.   |
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teeth53
Supreme |
04-May-2014 00:01
Yells: "don't learn through life, learn to grow with life " |
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Capital Flows Into Asian Economies Strong: ADB
Lei Lei Song, senior economist at ADB, told CNBC that there has been no sudden reversal of capital despite swings in investors' risk perception. " I believe capital flows into emerging economies, particular into Asean (Association of Southeast Asian Nations), would continue to be strong because of very strong fundamentals," Song told CNBC Asia' s " Cash Flow" on Friday. (Read More: Asia' s Fight to Stem Fund Outflows Just Starting) " If you look at the Asean economies as a whole, and look at the economic growth in the past few years, Asean is possibly the most stable region in the world." There have been reports this week that investors are dipping their toes back into emerging markets because of the cheap valuations. Citi, for example, recommended that investors regain exposure to stocks on the MSCI Emerging Markets Index, which now has a price to earnings ratio below 10 - levels unseen this year. (Read More: Emerging Market Stocks at Their Cheapest This Year: Citi) ANZ Research, meanwhile, reported that their ex-Japan Asia-Pacific equity funds finally saw $600 million in inflows in the week to Wednesday after five consecutive weeks of outflows. |
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AutoMIA
Member |
03-May-2014 13:14
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To Admin : I am a responsible person. I pick up my password which was written on a piece of paper from the dustbin. I feel that I must say here in order not to involve any innocent people. I just copied a fews words from handongni. Don' t mistaken that lim12888 = handongni. Since I am in good mood today, teach you something :   * Don' t judge a person just by a few words! *  Don' t repeat the same mistake again!  Instead of punish the culprit for their nuisance, you punish the innocent !! OK, now I throw that pc of paper in the dustbin and I will never pick it up again.  
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guoyanyunyan
Supreme |
03-May-2014 08:48
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Rgds Daniel |
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AutoMIA
Member |
03-May-2014 07:38
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  Today at 7:22 AM
 
 
Hi!   I am Lim12888. I 死 不 明 目 , re-borned again!
Admin: no worries! I will auto MIA after I say something here. I will not post in SJ anymore!  Totally disappointed !! 哼 ! I have sent fews e-mails to Admin, but only received the standard message from  computer that Admin will look into this matter. I don' t understand it take donkey' s days and weeks to reply! Kill me not even a single reason given, not to say first warning  according to the SJ Terms and conditions. Have I done anythings wrong? Forumers can see your own eyes. I am just acting as 路 见 不 平 ,拔 刀 相 助 !!   哼 ! I suggest that for those who thumb down, their nick should be appeared and with valid reason given. Litat Some forumers who are sincere and willing to share will not be discouraged. The quality of this forum will definitely be improved as well. Mvm, I be the 牺 牲 者 . Good luck to everyone !  
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Octavia
Supreme |
02-May-2014 21:36
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US payrolls surge in April, jobless rate hits 5-1/2 year low US job growth increased at its fastest pace in more than two years in April and the unemployment rate dived to a 5-1/2 year low of 6.3 per cent, suggesting a sharp rebound in economic activity early in the second quarter. Nonfarm payrolls surged 288,000 last month, the Labour Department said on Friday. That was the largest gain since January 2012 and beat Wall Street' s expectations for only a 210,000 increase. The unemployment rate tumbled 0.4 per centage point, touching its lowest level since September 2008. The Labour Department attributed the decline to a drop in the number of unemployed people reentering the labour market as well as a fall in new entrants into the labour force. The economy stalled in the first quarter, weighed down by an unusually cold and disruptive winter. A slow pace of stock accumulation by businesses, while they work through a glut of goods amassed in the second half of 2013, also undercut growth. |
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Octavia
Supreme |
02-May-2014 21:34
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Fed seen hiking rates earlier in 2015 as US job creation surges
 
US short-term interest-rate futures contracts dropped on Friday after a government report showed many more jobs were created in April than expected, prompting traders to price in an earlier first rate hike from the Federal Reserve.
The contracts show markets are assigning a roughly 56 chance of a first Fed rate hike in June 2015, based on CME FedWatch, which tracks rate hike expectations using its Fed funds futures contracts. Before the report, they showed traders gave a first rate hike in June 2015 only about a 47 per cent chance, and that they thought the Fed was much more likely to wait until July to raise rates. The Fed has targeted short-term rates of between zero and 0.25 per cent since December 2008, and has promised to keep them there for a " considerable time" after it ends its bond-buying program. - Reuters |
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WanSiTong
Supreme |
02-May-2014 06:10
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Treasuries Rise, U.S. Stocks Little Changed After Data Treasuries rallied, sending 30-year bond yields to a 10-month low, as mixed economic signals bolstered haven demand before a jobs report tomorrow. U.S. stocks were little changed after a three-day rally. Thirty-year Treasury yields dropped five basis points to 3.41 percent at 4 p.m. in New York. The yield on 10-year notes slid three basis points to 2.61. The Standard & Poor&rsquo s 500 Index declined less than one point, while the Nasdaq 100 Index advanced as Internet shares rallied. The Dow Jones Industrial Average fell 0.1 percent from a record. Aluminum sank to lead industrial metals lower on concern that demand from China will ebb. A gauge of U.S. manufacturing rose in April, jobless claims climbed to a nine-week high last week and household purchases, which account for about 70 percent of the economy, added the most since August 2009. China&rsquo s factory output increased to 50.4 in April, less than the 50.5 level predicted in a Bloomberg survey of economists. Markets from China to Germany and France were closed for holidays. &ldquo People had lofty expectations that things were getting better, not just staying on track,&rdquo said George Goncalves, head of interest-rate strategy at Nomura Holdings Inc., one of 22 primary dealers that trade with the Federal Reserve. &ldquo That&rsquo s being rethought. The market&rsquo s a little bit nervous.&rdquo Government securities rallied as the inflation component of the April manufacturing survey was lower than estimated, leading traders to unwind hedges against higher interest rates. Thirty-year yields touched 3.40 percent today, the lowest level since June 20. The S& P 500 gained 0.6 percent last month for a third consecutive monthly increase. It closed today within eight points of its record reached April 2. Internet StocksThe Dow Jones Internet Composite Index increased 1.4 for its third straight day of gains. Netflix Inc. added 4.5 percent while Pandora Media Inc. climbed 5.5 percent. Avon Products Inc. (AVP) tumbled 10 percent to lead losses in the S& P 500 after earnings trailed analysts&rsquo estimates by almost half. T-Mobile US Inc. rallied 8.2 percent after adding 1.3 million new monthly subscribers last quarter. Yelp Inc. gained 9.8 percent after raising its forecast for 2014 revenue. &ldquo The market has had a nice little run here, and you&rsquo ve got a number coming tomorrow, so there may be some hesitation,&rdquo Bruce Bittles, chief investment strategist at Milwaukee-based RW Baird & Co., which oversees $110 billion, said in a phone interview. &ldquo As long as the Fed is going to remain friendly to the markets and rates are not going to go up, that&rsquo s going to be bullish for stocks.&rdquo The Federal Reserve yesterday said it would continue to trim the pace of bond purchases as the economy gains momentum. The central bank cut its monthly asset purchases to $45 billion and said further reductions in &ldquo measured steps&rdquo are likely. Winding DownFed Chair Janet Yellen is winding down record stimulus as the world&rsquo s largest economy shows signs of rebounding from a first-quarter standstill. Data today showed applications for U.S. unemployment benefits unexpectedly climbed to a nine-week high last week, while consumer spending surged in March by the most in almost five years as warmer weather brought shoppers back to auto-dealer lots and malls. A Labor Department report tomorrow may show employers added 215,000 workers in April, the most since November, according to economists&rsquo projections. A private payrolls report yesterday showed companies added more workers last month than at any time in the previous five. Investors have added almost $10 billion to U.S. equity exchange-traded funds this year, data compiled by Bloomberg show. Energy stocks absorbed the most money among industry ETFs yesterday, taking in $460 million, more than twice that of any other sector. That pared the group&rsquo s five-day net outflow to $259 million. Technology ETFs saw inflows of $185 million. Bursting BubbleJeremy Grantham, chief investment strategist at Grantham Mayo Van Otterloo & Co., said the S& P 500 will climb above 2,250 before collapsing after the next U.S. presidential election. &ldquo Around the election or soon after, the market bubble will burst, as bubbles always do, and will revert to its trend value, around half of its peak or worse,&rdquo Grantham, 75, wrote in a quarterly letter released today. Grantham said the S& P 500 Index (SPX), currently around 1,880, is already 65 percent overvalued. Reaching the 2,250 is significant, he argues. The dollar strengthened against the yen before the jobs report. The greenback rose 0.1 percent to 102.30 yen, after falling 0.4 percent yesterday. The euro was little changed at $1.3865. The S& P GSCI index of 24 commodities dropped 0.6 percent as cocoa, wheat and soybeans fell at least 2 percent. Oil, GoldWest Texas Intermediate oil dropped 0.3 percent to a five-week low, settling at $99.42 a barrel in New York. Gold capped the longest slump in a month, as signs of a recovery in the U.S. economy curbed demand for the precious metal as an alternative asset. Futures for June delivery fell 1 percent to settle at $1,283.40 for a fourth day of losses. Silver slid to the lowest since July. Aluminum dropped 0.8 percent to lead industrial metals lower as zinc, lead and tin declined in London on concern that demand will ebb from China, the biggest buyer of industrial metals and energy. Nickel fell for the third time in four days. The manufacturing purchasing managers&rsquo index for Asia&rsquo s largest economy rose from a level of 50.3 in March. Readings above 50 signal expansion. A similar gauge from HSBC Holdings Plc and Markit Economics Ltd. released last week was at 48.3, from 48 previously, indicating China&rsquo s economy continued to contract in April. A final reading on the index is due May 5. China&rsquo s economy is &ldquo a slow-moving ship at the moment, but the sentiment is turning progressively negative,&rdquo Chris Weston, chief market strategist at IG Ltd. in Melbourne, said by phone. &ldquo We haven&rsquo t had positive news for quite some time.&rdquo   |
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WanSiTong
Supreme |
02-May-2014 06:07
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World Stock IndexesAmericas
Europe, Middle East & Africa
Asia-Pacific
Quotes delayed, except where indicated otherwise. All prices in local currency. Time is ET.   |
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WanSiTong
Supreme |
01-May-2014 20:55
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JustGreat
Senior |
01-May-2014 18:03
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Thanks for the information. Happy trading to you!
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GorgeousOng
Supreme |
01-May-2014 16:46
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Yes! Now can take a nap ..... Tonight hoot Dow...................... Hapi Hapi Trading!!!
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JustGreat
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01-May-2014 16:34
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Is US markets open tonight? |
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bishan22
Supreme |
01-May-2014 12:48
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Is this the year to buy in May? |
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teeth53
Supreme |
01-May-2014 11:17
Yells: "don't learn through life, learn to grow with life " |
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US growth stalls in Q1 as exports decline..... Chinn' s economy is, will leapfrog that of U.S. - projected range from 2016 to 2028, and a new figures now suggests it could happen as early as this year. That one day China' s will topple the United States from it perch as the world' s No.1 economy, for the first time since 1800s, has been as close to a foregone conclusion as it gets in economic sense and it circles.. Last year, China over took the US as the largest trader in goods four years after become the biggest good exporter. http://money.cnn.com/2014/04/30/news/economy/china-us-economy/index.html?iid=HP_LN Wednesday - China' s economy bigger than believed, new study claims HONG KONG (CNNMoney)   Americans may be startled to wake up to news that China will soon have a larger economy than the United States. The basis for this claim is new data from a statistical program run by the World Bank that suggests China' s rapidly-growing economy is much bigger than previously thought.
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WanSiTong
Supreme |
01-May-2014 07:24
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Published May 01, 2014
 
Loans, better margins lift banks' Q1 earnings
Robust performance amid challenging fixed income markets drives stocks up
 
  LOCAL banks had their stars aligned in the first quarter of this year, as higher loan volumes and improved margins pushed up earnings. Reporting the highest profit gain for Q1 2014 was OCBC Bank its net profit rose to $899 million, an increase of 29 per cent from a year ago. Core net profit at DBS Bank climbed 9 per cent to $1.03 billion including one-off items, it was up 30 per cent to $1.23 billion. United Overseas Bank (UOB) said net profit rose 9.2 per cent to $788 million. The fact that the robust performance happened in a quarter of challenging fixed income markets, which has caused some global banks to stumble, was particularly sweet. Bank stocks rose on the results. Leading the pack was UOB which rose almost 3 per cent, before easing to end up 2.7 per cent. OCBC shares gained a more modest 1.9 per cent while DBS was up 0.6 per cent. Said DBS chief executive Piyush Gupta: " DBS has had a very solid start to the year. Despite challenging fixed income markets, quarterly earnings crossed the $1 billion mark for the first time, a testament to the strength of our franchise." The deposit-flush local banks typically do well when interest rates rise since they can reprice loans upwards as well as enjoy gapping opportunities which is putting their excess funds to work in the interbank market. " The improvement in net interest margin (NIM) from 1.64 per cent a year ago to 1.70 per cent was mainly attributable to higher loan spreads as well as increased income from money market activities and gapping opportunities," said OCBC Bank. DBS' NIM of 1.66 per cent, up five points, was its best in six quarters due to repricing of loans and sale of higher fixed rate home loans. UOB' s NIM improved three points to 1.73 per cent. Loan growth for all three banks remained in double-digit terms, bolstered by faster gains in the regional markets. OCBC posted 18 per cent year-on-year loan growth and 3 per cent on quarter. At UOB, it was 12.7 per cent on year and 3.6 per cent on quarter. DBS said loans grew 13 per cent from a year ago and 2 per cent on a quarterly basis. Delving deeper, OCBC and UOB, which have large franchises outside Singapore, saw the fastest loan gains in those markets. OCBC said growth was the highest in Greater China, up 74 per cent on year, and slowest at home, at 6 per cent. In fact, for the quarter it slipped one per cent. UOB' s loan growth was more consistent: Singapore loans were up 11.9 per cent on year and 3.4 per cent on quarter while regional loans gained 15.3 per cent on year and 4.5 per cent on quarter. UOB counts its loans based on where they are booked. DBS said loans are classified according to where the borrower is incorporated, while OCBC said loans are based on where the credit risks reside. DBS said loans rose 13 per cent on year and 2 per cent on quarter. Growth was due to Singapore corporates, trade loans and home loans. Its Singapore loans slipped fractionally for the quarter. The banks also addressed their burgeoning China-related loans amid concerns over slower growth in the world' s second largest economy. China grew 7.4 per cent in the first quarter of this year, the slowest clip since Q2 2012. Speaking at its results briefing, DBS chief financial officer Chng Sok Hui said the bank has " done a deep dive and checked our China portfolio and we' re comfortable with it" . DBS allowances for bad loans fell 32 per cent on year and were unchanged on quarter, in spite of a bigger loan book. Elaborating, Mr Gupta said the trade loans are genuine and on average have been shortened to four months' duration. DBS has no exposure to China' s shadow banking system, not via the banks it deals with, nor the companies it lends to, he said. Of its $48.7 billion loans to Greater China, about two-thirds are trade loans, $13 billion are loans to state-owned enterprises and another $1 billion to property developers, said Ms Chng. OCBC chief executive Samuel Tsien said the bank wants to attract top corporations in China that are venturing abroad, as that plays to its advantage as an offshore bank. It would also mitigate risk in working with small and medium enterprise clients in China by attracting them via wealth management products, he said.       |
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WanSiTong
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01-May-2014 07:19
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Published May 01, 2014
 
Economy maturing, so growth slower: PM
' Only sustainable way' to grow wages is to develop better workers and create better jobs
SINGAPORE' S official growth forecast of 2-4 per cent for this year is " typical of a maturing economy" , says Prime Minister Lee Hsien Loong. The economy is upgrading qualitatively and expanding less quickly than before as the country undergoes a " major transition" , he said in his annual May Day Message, which was released yesterday. The economy performed well last year, he said, with GDP expanding 4.1 per cent as wages and household incomes also went up broadly. As Singapore goes through the transition, he maintained that the goal of improving the lives of the people remained the same. One important strategy is to develop better workers and create better jobs, which Mr Lee described as " the only sustainable way" to raise wages. He also said it was the collective responsibility of each of the tripartite partners - the government, employers and unions - in Singapore to develop better workers and create better jobs. " Workers must make the effort to train and upgrade themselves. Employers must invest in workers, develop their skills, and make full use of their talents. " Only then will the government' s programmes bear fruit. By working together, we strengthen our model of tripartism, and keep it our lasting advantage." On its part, the government is growing the economy and creating good jobs for Singaporeans, and strengthening the social safety nets to give people " more peace of mind" . It is also upgrading the skills of workers by investing heavily when it comes to continuous education and training, with two new institutes set up in Jurong and Paya Lebar to enable more people to upgrade themselves and advance their careers. Mr Lee shared how the government was giving generous incentives to help companies raise their productivity and create more opportunities to expand overseas. This message of an economy in transition was one that was prominent in nearly all the May Day Messages released this year by Singapore' s leaders and the tripartite partners. Labour chief Lim Swee Say said last Sunday that the labour market will remain tight all the way until 2030 and urged firms to ramp up their efforts to boost productivity and innovation. Workers, too, have been told to improve their skills and brace for more changes in the coming years as a result of this economic restructuring. PM Lee ended his May Day Message with a call for all Singaporeans to honour the contributions and achievements of the pioneer generation that has helped make Singapore what it is today. " Our pioneer generation overcame long odds to set Singapore on the path to development. In the unions, many pioneers fought the communists and worked with the government to foster constructive labour-management relations, build a competitive economy and deliver better lives for all. " Let us honour them by upholding their spirit, building on their achievements and creating an even better Singapore for our children." Mr Lee will join over a thousand unionists in celebrating Labour Day later today at the new Devan Nair Institute for Employment and Employability in Jurong East, where he will deliver the May Day Rally speech.   |
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WanSiTong
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01-May-2014 07:13
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Published May 01, 2014
 
Fed keeps policy on course says economy picking up
 
  [WASHINGTON] The Federal Reserve said Wednesday that the US economy is picking up after a winter chill, and kept its monetary policy course unchanged. As expected, the Fed made another US$10 billion cut to its monthly bond-buying stimulus operations, but left the benchmark federal funds rate locked near zero, noting inflation is restrained while unemployment " remains elevated" . The Federal Open Market Committee, led by Fed Chair Janet Yellen, concluded after a two-day meeting that economic activity " has picked up recently after having slowed sharply during the winter in part because of adverse weather conditions." While mixed, the data coming from the labor market, a central focus of the FOMC, has " on balance showed further improvement," the committee said in its policy statement. While household spending has picked up, the FOMC noted weak spots in lower investment by businesses and slower activity in the housing sector. - AFP       |
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