CAT | Uncategorized
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Toyota Offers Discount Loans, Leases to Lure Back U.S. Buyers
0 Comments | Posted by elgintan in Uncategorized
Toyota Motor Corp. will offer incentives including no-interest loans and discounted leases to win back buyers as the world’s largest carmaker tries to offset a U.S. sales slump amid record vehicle recalls.
From this month, Toyota buyers can choose either a loan with no interest for as long as five years or a low-cost lease on models [...]
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Google May Spend ‘Hundreds of Millions’ on Broadband
0 Comments | Posted by elgintan in Uncategorized
Google Inc. said it may spend as much as “hundreds of millions” of dollars on an experimental broadband service that offers Internet speeds 100 times faster than current networks.
The cost of the test project, announced this month, isn’t known and will depend on demographics, the lay of the land and the number of households that [...]
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Wall Street buoyed by US labour data, Greek aid plan
0 Comments | Posted by elgintan in Uncategorized
NEW YORK – Wall Street stocks rallied Thursday as sentiment was lifted by an EU pledge to help Greece stave off a debt crisis and better-than-expected US labour market data.
The Dow Jones Industrial Average overcame a weak start and climbed 105.81 points (1.05 percent) to close at 10,144.19, rebounding from modest losses Wednesday.
The Nasdaq composite [...]
Here is a summary of 10 of 2009’s notorious financial scandals. -Reuters
The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say. Regulators and prosecutors are scrambling to uncover and pursue more fraudsters, while lawmakers seek to close regulatory gaps and give officials more resources. Here is a [...]
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Welcome to Smart Incubator, what’s that 4-letter word again?
0 Comments | Posted by elgintan in Uncategorized
Can you think of a 4-letter word ending with k? Something that many people profess to do and yet evidently they are not doing enough of? Yes, the answer is R-I-S-K or more accurately, the ‘management of risk‘ as they go about their daily lives.
At Smart Incubator, we passionately believe that teens and adults can [...]
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Man tries to sell a one ounce gold coin for $50. No takers.
0 Comments | Posted by elgintan in Uncategorized
By almost any standard, 2009 has to be considered an historic year – what is sure to be remembered as a year of significant change for investors.
A new president signed into law a massive $787 billion economic stimulus bill, unemployment numbers set record highs, interest rates hit record lows, and all the while the market [...]
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Taiwan man ‘posed as Brunei royal’
0 Comments | Posted by elgintan in Economics, Equities, Scams, Uncategorized
A Taiwanese man has been arrested and accused of defrauding hundreds of people by posing a member of the Brunei royal family, local media reports say.Wei Yao-sheng is said to have claimed to have been authorised by a Brunei bank to set up a royal investment fund in the country. He managed to attract some [...]
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NUS net investment losses hit $677m
0 Comments | Posted by elgintan in Trading Losses, Uncategorized, education
NATIONAL University of Singapore has disclosed hundreds of millions of dollars in losses in the year to March as the financial crisis bit deep into its invested endowment funds.
Singapore Management University last month reported a $99 million hole in its $436 million endowment fund and another $58 million hit to its accumulated surpluses but its [...]
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Standing still but still standing – Dubai seeks a reprieve on its debts
1 Comment | Posted by elgintan in Uncategorized
ONE of the biggest events in the Muslim calendar, Eid al-Adha, which begins this weekend, is supposed to be a festival of sacrifice. On November 25th investors in Dubai were given an early chance to get into the spirit of things. The emirate’s government asked creditors of Dubai World, one of three big government-backed conglomerates, [...]

