don't worry Mr Bon.

HSI will up 400 points one.

http://business.asiaone.com/Business/News/Story/A1Story20100901-234997.html

Singapore faces the risks of an annualised contraction in its economy in the second half due to a global slowdown, but remains on course to be one of the world's fastest-growing countries for 2010, the government has said.

US private employment slips for first time in 7 months.

WASHINGTON - US private sector employment dropped in August for the first time in seven months, signalling a weakening economic recovery, payrolls firm ADP said on Wednesday. "The decline in private employment in August confirms a pause in the recovery already evident in other economic data," ADP said. "Demand growth has slowed, largely triggered by the spring plunge in stock prices, and cautious companies are responding by holding fire on hiring," said Ian Shepherdson, chief US economist with High Frequency Economics.

While he does not expect a spiral down into sustained serious net job losses, "a real revival in payrolls is clearly still some way". "Deleveraging hurts, and it takes time." (Sounded not as bad)

US manufacturing sector shows unexpected growth

WASHINGTON: US manufacturing sector expanded for the 13th straight month in August, beating most analysts' expectations.

The Institute of Supply Management said its manufacturing index rose to 56.3 points, from 55.5 percent in July, a much larger jump than the 52.9 percent predicted by economists. A reading above 50 percent indicates an expanding manufacturing sector.

"August represents the 13th consecutive month of growth in US manufacturing," the ISM's Norbert Ore said in a statement.

edwinteo      ( Date: 01-Sep-2010 23:45) Posted: but did you watch business news just now? Singapore may have a technical recession if i nv heard wrongly.. teeth53      ( Date: 01-Sep-2010 23:30) Posted: Stocks surge over 2% 10:53am: September rally is in full swing after a report shows an unexpected rise in manufacturing activity. Dow jumps 230 points, Nasdaq, S&P 500 gain over 2.5%. More STI Chiongg....Ahh

Hangseng muz up 400pts today.

If not, even STI reaches 3,000pts oso no use. Cos 95% of e Counters'll still not moving...

Healthy corrections 要来的, 终于会来的...

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