NAM CHEONG SGD 3 YR Issuer: Nam Cheong Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA, issued off the SGD600m Multicurrency Medium… Continue reading
I am not sure why I ventured into the Chinese market which I said I would not touch for the past 3 months as red alerts flashed in the volatility numbers. It was… Continue reading
It has not been a good week for Australian sports, with the first test of the Ashes looking quite out of reach and Nick Kyrgios bowing out of the Wimbledon in disgrace, amid… Continue reading
Yes. It is the 40th anniversary of Jaws, the movie. It been a week of dropping JAWS for sure, staring aghast at the Chinese stock meltdown and the subsequent breathtaking rally that surely… Continue reading
ISSUER: Centurion Corporation Limited SERIES: 002 STATUS: Direct, unconditional, unsubordinated and unsecured Notes RATING: Unrated FORMAT: Reg S, S274 & 275 of SFA, issuance off S$500 Million Multicurrency Medium Term Note Programme ISSUE… Continue reading
US LIBOR 1M 0.1884 3M 0.2843 6M 0.448 ECONOMIC NEWS AND DATA JUN PMI 50.4, expected 50.2 JUN Electronics Sector Index 50.3, previous 49.8 JUN Markit PMI 51.1, previous 49.5 The SGD managed… Continue reading
With the uncertainty emanating from Europe and China, do not expect too much in the way of new issues. Even Manulife shelved what would have been Singapore’s largest IPO in a year. http://www.straitstimes.com/business/companies-markets/canadas-manulife-to-delay-singapore-reit-listing-due-to-market-conditions… Continue reading
Presenting the SHCOMP weekly Monkey vs Lemmings Chart ! DO NOT UNDERESTIMATE THE POWER OF CHINA ! First this on the 1st of July. World Bank censures China for interfering in financial sector… Continue reading
A new 6 year low in the AUDUSD at 0.7509 (note the outdated fx rates in the table above), iron ore prices sliding and unspectacular economic data – big drop in the June… Continue reading
I hear that Season 5 is over and people are moaning over the loss of the last hero left, Jon Snow. If there are any lessons in the GoT series, it is that… Continue reading
