China's still slowing on on growth had now decide to cut its interests rates from ~6% to ~3%. However it is still a question on whether companies with their tight financial position will tap onto the lower interest rates.
Friday, June 8, 2012
Volatile Market
SGX is in a very volatile position given the problems of the European Debt crisis involving Spain and Greece. Investors are speculating of a Greece exit on euro and Spain's debt problems, causing uncertainty in the markets.
China's still slowing on on growth had now decide to cut its interests rates from ~6% to ~3%. However it is still a question on whether companies with their tight financial position will tap onto the lower interest rates.
China's still slowing on on growth had now decide to cut its interests rates from ~6% to ~3%. However it is still a question on whether companies with their tight financial position will tap onto the lower interest rates.
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