Mon, May 21, 2012, 12:24 PM SGT - Singapore Markets close in 4 hrs 36 mins

Financial News from CNBC

  • Trading, measured by the turnover in Hong Kong and Singapore equities, fell in the first four months of the year on concerns over Europe's debt crisis and as investors seek alternative investments to stocks ...

  • Was the Facebook Deal Overhyped? CNBC - Sat, May 19, 2012 2:45 AM SGT

    With Facebook shares trading close to their $38 offer price and revelations that retail investors got a larger-than-expected slice of the $18.4 billion IPO, market watchers are questioning whether the ...

  • India Set to Overtake US as Facebook's Largest Mar … CNBC - Thu, May 17, 2012 8:59 PM SGT

    India is set to overtake the U.S. as the world's largest Facebook market by number of users as early as 2015, according to social media analysts, driven by growing internet penetration and high rates of ...

  • Even Pros Don't Like Stocks: Could That Be Bullish … CNBC - Wed, May 16, 2012 11:48 PM SGT

    Wall Street strategists are the most negative they've been on stocks since the bull market began more than three years ago. But many traders actually see it as a contrarian sign to invest in the market....

  • Facebook is staring down some unnerving obstacles when it comes to key areas of monetization and growth: public distrust and display advertising apathy.

  • Who Are the Under-the-Radar Facebook Investors? CNBC - Tue, May 15, 2012 5:39 AM SGT

    The Facebook gravy train is a long one - and some of the people who will benefit from the initial public offering are ones you might not expect.

  • Facebook Co-Founder Saverin Renounces Citizenship CNBC - Sat, May 12, 2012 1:13 PM SGT

    Facebook co-founder Eduardo Saverin renounced his U.S. citizenship in September, months before the social network's expected initial public offering.

  • Facebook Eyes Higher Price Range: Sources CNBC - Sat, May 12, 2012 12:20 AM SGT

    Despite earlier reports of weak demand, Facebook 's initial public offering is highly oversubscribed and could result in a higher price range for the shares next week, sources told CNBC Friday.

  • World's Hottest IPO Market Hit by Slowdown in List … CNBC - Thu, May 10, 2012 9:45 PM SGT

    Hong Kong, the hottest initial public offering (IPO) market in the world in 2011, has seen a precipitous slowdown in listings because of market uncertainty and low valuations.

  • CEO 'Pay Racket' Sparks Investor Insurrection CNBC - Thu, May 10, 2012 9:43 PM SGT

    The days of huge pay packages for CEO's running big global businesses are under threat from leading shareholders, whom some think are beginning their own version of the Arab Spring. On Tuesday, the boss ...

  • Global Economy Faces a 'Perfect Storm' in 2013: Ro … CNBC - Thu, May 10, 2012 2:11 AM SGT

    A "global perfect storm" looms for 2013 in which the U.S. economy could fall back into recession and the euro zone will begin to break up, according to the latest gloomy forecast from economist ...

  • Flipping Houses as Lucrative as Music: Vanilla Ice CNBC - Tue, May 8, 2012 4:02 AM SGT

    The pop star formerly known as Vanilla Ice has spent the past 15 years flipping houses in Florida and has found it as rewarding as the music business.

  • That little bundle of joy is going to require a wad of cash. The cost of raising a child from birth to age 17 has surged 25 percent over the last 10 years.

  • As Two-Income Family Model Matures, Divorce Rate F … CNBC - Mon, May 7, 2012 10:57 PM SGT

    Not only are people getting better at picking the right partner, couples are also becoming increasingly comfortable with the ebb and flow of incomes in their relationships.

  • Warren Buffett said Friday he had no plans to invest in the Facebook initial public offering, but said what's happening with the social media giant is "extraordinary."

  • Facebook's IPO: What We Know Now CNBC - Thu, May 3, 2012 3:53 AM SGT

    Facebook is set to raise the roof off Wall Street with its upcoming initial public offering, which has a target valuation on the social-media giant as high as $110 billion. To see where Facebook's IPO ...

  • Legendary Energy Trader John Arnold to Retire CNBC - Thu, May 3, 2012 3:34 AM SGT

    John Arnold, the billionaire manager of the Houston hedge fund Centaurus Advisors, told investors and employees Tuesday that he plans to retire, according to people familiar with the matter.

  • Flood of Foreclosures Still Fails to Materialize CNBC - Wed, May 2, 2012 9:36 PM SGT

    The number of homes entering the foreclosure process rose 8.1 percent in March, according to a new report, but the volume is down more than 30 percent from a year ago.

  • Facebook IPO Roadshow Could Kick Off by Monday CNBC - Wed, May 2, 2012 5:00 AM SGT

    Facebook is ready to launch its IPO road show as early as Monday, according to people familiar with the matter, if no last-minute red flags from the Securities and Exchange Commission are raised.

  • Goldman's Cohen: 'We Will Avoid Another Recession' CNBC - Tue, May 1, 2012 1:37 AM SGT

    The U.S. isn't going back into a recession, though economic growth has slowed, Goldman Sach's chief equity strategist Abby Joseph Cohen told CNBC Monday.

  • Murdochs Brace for 'Damning' Phone-Hacking Report CNBC - Mon, Apr 30, 2012 10:49 PM SGT

    A committee of UK members of parliament is preparing a "damning" report on phone-hacking that will add to the pressure piled on News Corp's Rupert and James Murdoch.

  • US Likely Added Only 125,000 Jobs in April: Goldma … CNBC - Mon, Apr 30, 2012 10:49 PM SGT

    Goldman Sachs is turning increasingly bearish on the U.S. economy, expecting the nation to have added only 125,000 new jobs in April, as the effects of a warm winter, which buoyed employment late last ...

  • Angry Birds Maker Hunting for Acquisitions: CEO CNBC - Mon, Apr 30, 2012 10:47 PM SGT

    The company behind the Angry Birds mobile gaming sensation is on the hunt for further acquisitions as it attempts to turn the business into a global media giant, its chief executive told CNBC in an interview....

  • How to Avoid Another Crisis? Better Financial Advi … CNBC - Mon, Apr 30, 2012 10:47 PM SGT

    The credit crisis was partly caused by poor financial advice, and more genuinely independent financial advisers could help avert another crisis, according to renowned economist Robert Shiller.

  • Are CEO Bonuses Wrecking the Wider Economy? CNBC - Fri, Apr 27, 2012 9:42 PM SGT

    "Without knowing why or how, we seem to have hatched our own oligarchs, and we stand aghast and bewildered at this flock of monstrous cuckoos," author Ferdinand Mount writes.

  • Forget Bailouts, European Banks Needs Bail-Ins: Fi … CNBC - Fri, Apr 27, 2012 9:42 PM SGT

    European banks need bail-ins rather than bailouts of fresh capital, as the European Central Bank's liquidity operations come to an end, according to ratings agency Fitch.

  • Fed Doing More Harm Than Good: Boockvar CNBC - Thu, Apr 26, 2012 9:57 PM SGT

    The Federal Reserve is doing more harm to the U.S. economy than good by keeping interest rates artificially low and continuing its "monetary medicine", Peter Boockvar, portfolio manager and equity ...

  • Why French Housing May Be Next Bubble to Burst CNBC - Thu, Apr 26, 2012 9:57 PM SGT

    The French housing market would be the next bubble to pop if the European Central Bank increases interest rates, or if markets begin to perceive the same fundamental weaknesses in France as they currently ...

  • Whitney 'Wildly Bullish' on Certain US Markets, Bu … CNBC - Thu, Apr 26, 2012 4:31 AM SGT

    The head of Meredith Whitney Advisory Group said the American heartland will provide the best return for investors, who should avoid large states like California, Illinois and New Jersey.

  • Facebook IPO Could Be Delayed by Deals, Distractio … CNBC - Wed, Apr 25, 2012 2:11 AM SGT

    Less than two weeks before the potential launch of Facebook's initial public offering roadshow, a string of acquisitions and other business distractions are threatening to delay the sale, say people familiar ...

  • Geithner to Dartmouth? A Family Secret Gets Leaked CNBC - Tue, Apr 24, 2012 10:52 PM SGT

    Tim Geithner could be heading back to school so to speak, at least if his chatty father-in-law is to be believed.

  • Wall Street is not expecting additional quantitative easing from the Federal Reserve at its meeting this week but increasingly believes in the Fed's promise to keep interest rates low until late 2014 as ...

  • Facebook IPO Could Stand in the Way of Sell-in-May CNBC - Tue, Apr 24, 2012 6:09 AM SGT

    Facebook's blockbuster initial public offering could be coming at just the right time for markets - right when investors are preparing for the seemingly annual ritual to sell in May and go away.

  • Will Apple's Earnings Worsen the Stock Selloff? CNBC - Tue, Apr 24, 2012 4:38 AM SGT

    Apple's recent selloff has some experts recommending investors buy on the dips, but skeptics say the decline-coupled with Tuesday's earnings report-could be the beginning of a bigger slide for the tech ...

  • What Happens If Plan A(usterity) Fails? CNBC - Mon, Apr 23, 2012 9:28 PM SGT

    A couple of weeks ago European finance ministers attended an informal meeting in Copenhagen to sign off on one of the final components of the plan to deal with the debt crisis once and for all.

  • News Corp. Faces 46 More Phone Hacking Civil Claim … CNBC - Fri, Apr 20, 2012 9:49 PM SGT

    A lawyer representing the bulk of claimants in the hacking case against News Corp.'s UK newspaper business said the UK company, News International, faces 46 more civil lawsuits in British courts, the Wall ...

  • Singapore, one of the hottest property markets in Asia, is set to see a drop of up to 15 percent in prices of luxury homes this year, as foreign demand dries up on account of tightening measures and global ...

  • Great Earnings, but So What? Investors Have Other  … CNBC - Fri, Apr 20, 2012 4:13 AM SGT

    Growing worries about a European-led economic slowdown are overshadowing what could be the best earnings season ever compared to expectations.

  • Citi CEO Vikram Pandit Selling His Conn. Estate CNBC - Thu, Apr 19, 2012 9:50 PM SGT

    Just a day after shareholders rejected Citigroup chief executive Vikram Pandit's pay package, the word is out that Pandit is selling a 2.3 acre estate in Greenwich, Conn. for an asking price of $4,300,000....

  • Goldman Partners Sitting Pretty on Pay CNBC - Thu, Apr 19, 2012 9:50 PM SGT

    Sure, Goldman Sachs cut its overall accrual for employee pay and benefits in the first quarter by 16 percent. But the amount of compensation per partner appears to have declined by far less...

  • Priceline's CEO to Outline Mobile Strategy CNBC - Thu, Apr 19, 2012 9:50 PM SGT

    The online-travel site's stock has shot up 57% this year but in order to keep investors coming back, the company has to hit the ground running in its new battlefield - mobile bookings. The CEO will outline ...

  • Does Walgreen Have the Right Prescription? CNBC - Thu, Apr 19, 2012 9:48 PM SGT

    Walgreen is starting to find some mojo, and upside option activity is picking up in the name.

  • Forget Tax Breaks, Cut Regulation Instead: Small B … CNBC - Thu, Apr 19, 2012 9:48 PM SGT

    As House Minority Leader Eric Cantor prepares to present his tax cut legislation to the House today, small business owners say that while tax cuts are a step in the right direction, what is really needed ...

  • Hedge Fund Assets Jump to Record Level: Report CNBC - Thu, Apr 19, 2012 9:48 PM SGT

    Hedge fund assets jumped to record levels in the first quarter of this year, when funds had their best first quarter in five years, according to the latest HFR Global Hedge Fund Industry Report, released ...

  • Is Argentina Becoming the New Venezuela? CNBC - Wed, Apr 18, 2012 10:50 PM SGT

    As the dust settles on the announcement that Argentina would seize control of assets owned by Repsol-backed energy company YPF, many are worried that other companies will shy away from investment in the ...

  • Europe Central Banks May Be Forced to Print More M … CNBC - Wed, Apr 18, 2012 10:50 PM SGT

    Central banks in Europe are increasingly reluctant to pump more money into markets after already massive liquidity injections intended to kick-start economic growth but they may have no choice.

  • Warren Buffett Says He Has Stage 1 Prostate Cancer CNBC - Wed, Apr 18, 2012 5:23 AM SGT

    Berkshire Hathaway CEO announced that he has been diagnosed with stage I prostate cancer in a letter to shareholders on Tuesday.

  • China's 'Financial Repression' Is Over: Strategist CNBC - Tue, Apr 17, 2012 11:44 PM SGT

    China's recent moves to liberalize its currency, along with other financial reforms it is undertaking, are signs that "financial repression" in the country is over, said Jefferies' chief global ...

  • Facebook Acquires Mobile Marketer Tagtile CNBC - Tue, Apr 17, 2012 2:00 AM SGT

    Fresh off its Instagram purchase, Facebook has added another mobile device company called Tagtile, which sells apps to track and target marketing to customers.

  • Which City Will Be the Next Yuan Trading Hub? CNBC - Tue, Apr 17, 2012 2:00 AM SGT

    China's weekend decision to widen its currency's trading band has sparked a debate on where the next yuan offshore trading center will be located. While Hong Kong holds the lead for the amount of international ...

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