Sembcorp Industries Ltd is a company that engages in the production and supply of utilities services, terminaling and storage of petroleum products and chemicals. The Company’s segments include Utilities, Marine, Urban Development, and Others/Corporate. The Utilities segment offers energy, water, on-site logistics and solid waste management to industrial and municipal customers. The Marine segment focuses…
A short read at your local newspaper stand and you’ll find that the world economy isn’t doing very well… From negative readings of economic indicators to political conflicts, it seems like the good days are gone. Stock markets around the world are doing badly, and so are the commodities market and the different sectors as…
When the market closed on 9th Jan, the crude oil ended with a price of USD $48.36. This was almost 50% its value from a year ago in Jan 2014. Before taking an attempt to reason out the cause for such a plunge in its price, it is important to understand that there was no…
What about the operations of the Federal Reserve System? In this day and age, the actual notes and coins circulating in the economy represent only a tiny portion of the money in existence. In actual fact, majority of the money supply is created by private banks as loans that are payable back to the banks…
Many of us are probably familiar with the term “Quantitative Easing” by now but what about the institution behind it? Before I dive into the system of the Federal Reserve, I would like to discuss about the history behind the Federal Reserve Act. The Federal Reserve Act was supposedly signed into law to prevent
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