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• Singtel (Z74)
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• 4 Sweetman, Bill. F-22 Raptor. Osceola, WI: Motorbooks International, 1998
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This research investigates the effects of the country’s financial system on current R&D investments and the future success of the firm. My paper explores the association between R&D investments and the firms’ future success in different financial environments. Empirical results from 10 countries reveal that as the proportion of the country’s bank-based financing in accordance with market-based financing raises, the relationship between the R&D investments and the level of future company success boosts. Moreover, I find that the consequences of R&D investments on the uncertainty of future firm profitability are similar in both market-based and bank-based financial environments.

In most area of the month July, Month STI is at positive territory compared to last. It seemed like market has come to term with Brexit, and the US stock price hit record high this month. Came the shocking news that Swiber is winding up Then, accompanied by the disappointing announcement from BOJ.

These delivered the talk about prices in Singapore dropping in the last couple of days of the month, and STI was to negative YTD back again. Yesterday, STI closed at 2868.69, up 27.76 points, or 0.98% from last month. My stock portfolio performed slightly much better than the index. Its value was up 1.20% for the month.

This month, I sold my HTL stocks when the purchase price hit 92 cents. I sold also all my HG Metal stocks baffled, eliminating this non-performing stock in my portfolio. I also accepted the de-listing offer from Pacific Health Care. 37,430 to the portfolio. I made a major switching in my own UT investment. I switched from the funds that buying Global, European equities to bond money.