Monday Blues
-
-
-
Ooh! Is Monday again....
-
Monday shiok!
-
,mon??? no prob?? y??
cause i off nber drive haha~~~~~
-
-
Monday only?
and school 
coming...Day shift OBK start liao..........
-
My son told me : "Papa , school exam now ."
I heard liao , straight away boring ..............
-
Originally posted by Poolman:
My son told me : "Papa , school exam now ."
I heard liao , straight away boring ..............
haha yah lor nowadays macham parents also kenna exam
when kids exam not like last time knn exam 1 day bfore still
go out n play come back then burn midnite oil..........
-
No wonder CBD so quiet today .
HONG KONG - Asian markets and the euro tumbled on Monday after voters in France and Greece voted out their ruling parties in a backlash against austerity measures aimed at battling the eurozone crisis.
Adding to the bearish atmosphere was weak jobs data from the United States last week, which had fuelled concerns about recovery in the world's biggest economy and sent Wall Street sliding.
Singapore's benchmark Straits Times Index (STI) fell 2.19 percent or 65.64 points to end at 2,924.95.
Tokyo dived 2.78 percent, or 261.11 points, to 9,119.14, Sydney fell 2.16 percent, or 94.7 points, to 4,301.3 and Seoul shed 1.64 percent, or 32.71 points, to 1,956.44.
Hong Kong slumped 2.61 percent, or 549.35 points, to 20,536.65 but Shanghai was almost unchanged, edging down 0.07 points to 2,451.95.
France's Nicolas Sarkozy was on Sunday dumped out by Socialist Francois Hollande, who had campaigned on a platform of boosting growth instead of introducing huge spending cuts to overcome the country's deficit.
Sarkozy and German Chancellor Angela Merkel had led a strident drive for budget cuts across Europe as the only way to drag the region out of a crisis that has raised concerns that the eurozone project could collapse.
"The Hollande win in France is not necessarily a surprise. However it brings home the reality that incumbents following the (European Union's) prescribed austerity measures are going to find it difficult to remain elected," National Australia Bank said in a note.
"What happens to these austerity measures now are what are weighing on (the euro)," the bank said.
The euro skidded to US$1.2954 in early trade Monday, its lowest level since late January, while also slumping to 103.22 yen at one stage, its worst since mid-February.
It was later trading at US$1.3017 and 103.52 yen, still down from $1.3091 and 104.50 yen late Friday in New York.
In Greece the two main parties -- the conservative New Democracy and the left-wing Pasok -- suffered huge losses in a general election, with those opposed to more cuts winning almost 60 percent support.
The results follow months of protests against austerity measures across the country after the government was forced to ask for two bail-outs.
New Democracy, led by Antonis Samaras, remained the largest party but with it and Pasok scoring only around 32 percent between them the figures raised the possibility of fresh elections soon.
Also Sunday, Merkel's Christian Democrats grabbed only about 30 percent of the vote in polls for the small state of Schleswig-Holstein, a setback ahead of national elections in 2013.
"With the growing influence of anti-austerity political blocs, tensions among the eurozone will likely be intensified and a wave of renegotiations for bail-out programmes may be sparked," Kintai Cheung, analyst at Credit Agricole, said in a note.
The results raised concerns in Japan and China, which both hold huge amounts of euro-denominated debt, with Tokyo saying it would monitor Hollande's economic policies closely and Beijing warning that his win would not be enough to dig France out of its hole.
Sentiment had already been low over the eurozone after figures Thursday showed private-sector activity fell sharply in April, with even powerhouse Germany grinding to a halt.
The Purchasing Managers' Index (PMI) compiled by London-based research firm Markit fell to 46.7 points in April, well below an initial 47.4 estimate.
Anything below 50 is considered contraction.
In early European trade Monday the Paris CAC 40 opened 1.57 percent lower and shares in Athens plunged 7.6 percent, while Frankfurt's DAX was down 2.2 percent.
The interest rate on France's benchmark 10-year bonds also rose amid fears over the country's debt-cutting plans. Yields on the secondary market began to climb past Friday's closing rate of 2.809 percent, and stood at around 2.842 percent in mid-morning trade.
Global economic anxiety was already high after Washington Friday released figures showing the US economy created only 115,000 jobs last month, below market expectations and less than half the rate at the start of the year.
The report also suggested tens of thousands of Americans had dropped out of the job market, a bad sign for household incomes.
The jobs data combined with a disappointing report Thursday on consumer spending from department stores to tip sentiment against the market.
On Wall Street Friday the Dow Jones Industrial Average fell 1.27 percent, the S&P 500 lost 1.61 percent and the Nasdaq plunged 2.25 percent.
Oil prices were also hit Monday amid concerns over falling demand. New York's main contract, West Texas Intermediate crude for delivery in June, fell 94 cents to US$97.55 a barrel in the afternoon.
Brent North Sea crude for June shed 74 cents to US$112.44.
Gold was at US$1,638.75 an ounce at 0815 GMT, compared with US$1,630.60 late Friday.
In other markets:
-- Taipei slumped 2.11 percent or 162.87 points to 7,538.08.
-- Mumbai rose 0.48 percent or 81.63 points to 16,912.71.
-- Kuala Lumpur ended down 6.17 points or 0.39 percent at 1,584.87.
-- Jakarta fell 1.37 percent or 57.82 points to 4,158.86.
-- Manila closed down 1.28 percent.
-- Bangkok was closed for a public holiday. -
Last year i was saying economy will not be as good due to Europe , esp Greece .
Now they buay loon liao , some heads has to roll .
Indeed some heads rolled .
-
heard ydae nite quite obk gd luck~~~~
-
I still believe in 50% luck, 50% knowledge/effort. Example many of my friends complained CBD no people leh and long queue of taxis, but while I was busy with HDB estate and airport shuttle trips. So result not so bad. Likewise sometimes while you guys are doing good, I just get enough for my rental and fuel.
-
To each his own I suppose. But for me, Monday is never so bad as compared to Tuesday. Monday because got a lot of workers have to stay back late after work to catch up on weekend back-log, thus demand of taxis is still there. Tuesday, Weds back to normal service, most won't go out or work late.
And I always find Friday Night the best day of the week, many say Sat, but I think Fri better, because got a lot of office staff work late then chiong + the regular weekend crowd that party. Whereas sat, got no workers only party goers and diners.
-
I also hate mondays,It's too terrible ,I have to work.I like Friday.
-
Ya man, monday is like having to drag yourself out of the bed, and I notice OTR, many accident in the monday morning, all driving and riding with sleepy eyes, but for TD, more people taking cab, cos they so sian to take mrt or mostly are late, Uncle, hitacti tower, I am late, can drive faster, thank you.
Thank God It Friday
-
mondays for day shift is good...
equal to nite shift friday...
but morning peak sure hav "uncle... late for work... blah blah"...
den also many wake up late... go into town sure jam...
and as mentioned above... almost every expressway hav accidents...