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Daily Archives: 2017-04-25

Focus shifts to Trump’s tax reform

By Margaret Yang, CMC Markets Global equities cheered on the first round of French election results, which were widely considered to have brought more certainty and stability to the euro and EU single market. EUR/USD spiked over 270 pips in early market trading hours and gradually retraced to the 1.0860 area. The US S&P500 index jumped over 1% and the …

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Meaningless statistics behind the SMRT’s claims of improvement for its MRT lines

Reliability of MRT lines improves I refer to the article “Reliability of North-South and Circle MRT Lines improves; East-West Line maintains same standard” (Straits Times, 24 Apr 2017). It states that “In the year ending Q1, the NSL clocked an average of 180,000km before a delay lasting more than 5 mins, bettering the 156,000km registered in the year ending Q4, 2016.” …

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