Nov. 7 (Bloomberg) — Buy back is for non-cumulative non-convertible non-voting class N preference shrs callable in 2020: DBS in exchange filing. DBS to accept tenders amounting to S$800m A Holder whose Existing… Continue reading
Reuters reported that FNN is heading for a showdown with bondholders who were unhappy with the terms of FNN’s offer for their papers. “F&N will be a very different company now with FCL… Continue reading
Economic News Unemployment Rates 3Q13 1.8% versus previous 2.1% Bank Loans and Advances Sep +15.7% YoY versus previous 15.4% IRS Higher rates reacting in line with higher US yields, the impression of a… Continue reading
Gunpowder, Treason and Plot I see no reason why gun powder, treason, Should ever be forgot It’s Guy Fawkes Day and Twitter will close its IPO at a 25% premium. I think necessary… Continue reading
Perhaps it was the solar eclipse yesterday that sapped the energy out of me. Or perhaps it had to do with my insane whopper of a bbq session last night that involved roasting… Continue reading
One good thing that emerged from the mini EM crisis that erupted in Jul, lasting into August is that markets have become more discerning over this whole EM business. The ensuing correction over… Continue reading
It has not been a good week for the Euro with mostly bad news, higher Sep unemployment (12.2%, a record high) and lower Oct CPI (+0.7%, weakest since 2009), leading some to speculate… Continue reading
Penny stocks fever turned into dengue – haemorrhage. As a follow up to my post in September, I decided to revisit that list of biggest gains to see where they are now. https://tradehaven.net/market/small-caps-heaven-in-singapore/… Continue reading
SINGAPORE It is a subjective matter but the best bond on the menu in Singapore would go to the new 20Y government bond auctioned in Aug this year which is trading at 106.50… Continue reading
Two old friends whom I have grown up with, both running sizeable SGD bond portfolios in reputable asset management firms, over an honest drinks session which started with a discussion on the pros… Continue reading