24 Jun '11, 9am

IM$avvy Headlines: Pound at one-year low against S$ #investment #finance #currency

(SINGAPORE) The sterling was pounded yesterday by a series of discouraging developments, ranging from weakening retail sales to dovish leanings within the Bank of England. The currency fell to a year-low against the Singapore dollar and was worth just S$1.977 at 7pm, according to Bloomberg data. This is the third consecutive day it has stayed below S$2. The pound also slid against the US dollar to US$1.599, going below US$1.60 for the first time since late March. The greenback had received some support after the Federal Reserve gave no hints of a third quantitative easing programme. Weak economic data from the UK have put the pound under pressure, and survey results released by the Confederation of British Industry (CBI) yesterday did little to help. For the May 27-June 15 period, the proportion of retailers reporting a decrease in sales volumes exceeded the proportion of ...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

Tweets

IM$avvy Headlines: Olivers Insights: How Seriou...

cpf.gov.sg 24 Jun '11, 12pm

Need to do financial calculations? Click here Most popular articles Rates likely to be on hold for now in most developed m...

IM$avvy $avvy Blog Corner: Are you a good accum...

cpf.gov.sg 24 Jun '11, 1pm

I'm currently reading a book titled "The millionaire next door". From the few chapters that I gathered, the book is about ...

IM$avvy Headlines: New go-to book on Singapore’...

cpf.gov.sg 24 Jun '11, 10am

TAX experts can now go by the book when they have a tough question about the system. And what a book. The Law And Practice...

IM$avvy $avvy Blog Corner: On #Singapore and #c...

cpf.gov.sg 26 Jun '11, 2pm

A bit more of a Singapore focus. Now that the general elections are over, we have various economic data and news coming, a...

IM$avvy Headlines: Greek debt, US economic woes...

cpf.gov.sg 27 Jun '11, 7am

GREECE and the United States may be geographically thousands of kilometres apart but they share one vital common feature -...

IM$avvy Headlines: Idea Of The Week: 3 Tips For...

cpf.gov.sg 21 Jun '11, 11am

Need to do financial calculations? Click here Most popular articles Is This a Good Time to Invest in Japan? MBS does a bal...

IM$avvy Headlines: STI slumps in biggest fall i...

cpf.gov.sg 17 Jun '11, 4am

THERE was nowhere to hide yesterday as the market saw its sharpest fall in over three weeks with bad news seemingly coming...

IM$avvy Headlines: Asian #markets crash on Gree...

cpf.gov.sg 17 Jun '11, 12pm

FEARS that the simmering Greek debt crisis is about to spiral out of control and ignite another global credit meltdown sen...

Im in love with this bag!<3

baghaus.com 24 Jun '11, 12am

Copyright © 2011 Baghaus.com. All Rights Reserved. Product Images & Graphic Design Images Copyright © 2011 Baghaus.com. Al...

IM$avvy Headlines: STI soars with approval of G...

cpf.gov.sg 01 Jul '11, 8am

INVESTORS across the globe rejoiced at the Greek Parliament's approval of austerity measures yesterday - extending market ...

IM$avvy Headlines: Asia’s private banks can’t b...

cpf.gov.sg 14 Jun '11, 12am

'Costs haven't come down but revenues have come off ... Everyone faces this question: how do I make this business more pro...

IM$avvy Headlines: As easy as ABC #planning #ch...

cpf.gov.sg 13 Jun '11, 4am

For most parents, the big-ticket spending item is usually their children's education once the family's housing needs have ...

IM$avvy Headlines: All six #portfolios advanced...

cpf.gov.sg 04 Jul '11, 9am

AFTER three months of choppy trading, the markets steadied and firmed in the last two weeks. Last week, the Straits Times ...

IM$avvy Info Hub: Poor #market liquidity but so...

cpf.gov.sg 30 Jun '11, 2pm

IN our Monday column we raised the possibility that Wall Street would buy in anticipation of Wednesday's Federal Open Mark...

IM$avvy Headlines: Opportunities for the nimble...

cpf.gov.sg 13 Jun '11, 11pm

CONCERNS over the European sovereign debt crisis, the US economic strength and overheating in emerging markets have sent s...