Archive for the ‘Market News’ Category

Soros says world faces worst finance crisis since WW2

Posted by Willy Lim on 22 January, 2008

This item was filled under [ Market News ]

Even Soros is coming out to add oil to the blazing fire! I’m afraid the worst isn’t over yet.
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com
——————————————————————————————————–
January 22, 2008, 9.49 am (Singapore time)

Soros says world faces worst finance crisis since WW2

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VIENNA - Billionaire investor George Soros said that the world was facing the worst financial crisis since World [...]

Asian markets crash while US totters

Posted by Willy Lim on 22 January, 2008

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This item was filled under [ Market News ]

Blood and dead bodies everywhere! More to come!
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com
——————————————————————————————————————–
Published January 22, 2008

Asian markets crash while US totters
Recession fears hit home in plunges reminiscent of post-9/11 debacle
By VEN SREENIVASAN

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(SINGAPORE) It was blood on the floor across Asian bourses yesterday as investors dumped stocks amid intensifying fears of a US economic [...]

China’s economy can’t decouple from US: central bank official

Posted by Willy Lim on 21 January, 2008

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This item was filled under [ Market News ]

Well it’s official, right from the horse’s mouth. China’s economy is still closely linked to US. So much for the decoupling theory. So if China is still closely linked to US, what about Singapore? You can figure that one out
Your Financially Free
Willy Lim
www.financially-free-advisor.com
———————————————————————————————————————–

Published January 21, 2008

China’s economy can’t decouple from US: central bank official
Weakening [...]

Bank of China to take big hit on US sub-prime

Posted by Willy Lim on 21 January, 2008

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This item was filled under [ Market News ]

Even China is not spared from the US sub-prime crisis. This is not looking good. In fact, my China friends are telling me that property prices in major cities of China are also on the downtrend. If China also slows down together with Japan (already in recession) and US (also in recession now), the global [...]

S’pore shares close 6.03% lower

Posted by Willy Lim on 21 January, 2008

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This item was filled under [ Market News ]

The massacre has begun. Like a falling blade, slashing all those still in the market. Blood is flowing in the market. I smell fear but the worst is far from over.
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com

January 21, 2008, 5.15 pm (Singapore time)

Last updated 6.22pm

S’pore shares close 6.03% lower

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SINGAPORE - Singapore share prices closed 6.03 per [...]

Sub-prime losses could near half a trillion dollars: study

Posted by Willy Lim on 18 January, 2008

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This item was filled under [ Market News ]

Woah….Big big storm coming. Better get your raincoat and umbrella ready.
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com
January 18, 2008, 10.05 pm (Singapore time)

Sub-prime losses could near half a trillion dollars: study

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TOKYO - Potential losses from US mortgage woes could top US$460 billion worldwide with aftershocks to be felt until late 2008, a Japanese private think tank [...]

S’pore Dec exports fall 3.8%, sees electronics recovery in H2 ‘08

Posted by Willy Lim on 17 January, 2008

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This item was filled under [ Market News ]

I believe the worst is yet to come. More bad weather and storm clouds ahead.
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com

January 17, 2008, 1.59 pm (Singapore time)

Last updated: 2.46pm

S’pore Dec exports fall 3.8%, sees electronics recovery in H2 ‘08

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SINGAPORE - Singapore’s non-oil exports unexpectedly fell in December for the fourth straight month, dropping by 3.8 per [...]

S’pore stocks hit 10-month low as markets reel

Posted by Willy Lim on 17 January, 2008

No comments yet

This item was filled under [ Market News ]

The first wave of bears is here! I can hear screams of anger and disbelief everywhere, and people losing their pants while the financially intelligent investors are holding cash and waiting on the sidelines.
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com
Published January 17, 2008

S’pore stocks hit 10-month low as markets reel
‘Clients are asked to top up immediately, failing which [...]

Expect the Perfect Storm to wreak havoc this year

Posted by Willy Lim on 17 January, 2008

No comments yet

This item was filled under [ Market News ]

It’s coming, are you ready for the storm? I’m ready! I’ve liquidated all my portfolio and is in cash position since early last 2007. It’s time to wait for the bears to come rushing in.
Yours Financially Free,
Willy Lim
www.financially-free-advisor.com

Published January 16, 2008

MONEY MATTERS

Expect the Perfect Storm to wreak havoc this year
While we are probably yet to [...]

S’pore Nov retail sales fall 0.9% from Oct

Posted by Willy Lim on 16 January, 2008

No comments yet

This item was filled under [ Market News ]

Interesting to note that Singaporeans are taking a wait-and-see attitude towards the US economy which is now officially in recession. It’s good to be prudent and keep cash while keeping a close lookout.

Yours Financially Free,
Willy Lim.
www.financially-free-advisor.com

January 15, 2008, 1.10 pm (Singapore time)

S’pore Nov retail sales fall 0.9% from Oct

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SINGAPORE - Singapore’s retail sales [...]

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Archive for the ‘Market News’ Category

Soros says world faces worst finance crisis since WW2

Asian markets crash while US totters

China’s economy can’t decouple from US: central bank official

Bank of China to take big hit on US sub-prime

S’pore shares close 6.03% lower

Sub-prime losses could near half a trillion dollars: study

S’pore Dec exports fall 3.8%, sees electronics recovery in H2 ‘08

S’pore stocks hit 10-month low as markets reel

Expect the Perfect Storm to wreak havoc this year

S’pore Nov retail sales fall 0.9% from Oct

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