17 Nov Indonesia Announces Fuel Subsidy Change “The price of subsidized gasoline increased to 8,500 rupiah ($0.70) a liter from 6,500 rupiah, and diesel will climb to 7,500 rupiah a liter from 5,500… Continue reading
Muddy Waters strikes again, shorting Superb Summit International (1228 HK), back to their habit of going after the “forests” companies, if anyone cares to remember what happened to Sino Forest back in 2011.… Continue reading
I was wrong when I thought there was just 1 supercar wedding in China and now I cannot find that article because if you type “supercar wedding China” in the Google search, you… Continue reading
Iron Ore Completes Fifth Weekly Loss as ‘Worst Is Yet to Come’ http://www.bloomberg.com/news/2014-11-21/iron-ore-heads-for-fifth-weekly-loss-on-global-glut-china-data.html Again we have China coming to the rescue of the AUD dollar with Australia’s own central bank a bystander… Continue reading
On a trip to Beijing two weeks ago, the first thing I hear about is internet financing – P2P, crowd financing etc. I listened to a few of these Alibaba-like companies telling me… Continue reading
There is a lot happening in China these days – global expansion of RQFII country quotas – Australia and Canada are the latest recipient countries, the Hong Kong-Shanghai mutual market access (MMA), ramping… Continue reading
Whatcha gonna do ? Whatcha gonna do When they come for you? ~ Bob Marley https://www.youtube.com/watch?v=NG2ci9CyiwI&hl=en-GB&gl=SG Karma beckons as we get more and more calls for bubble in credits, the latest now from… Continue reading
If there is only 1 country in the world who can pull it off, it is only Japan. There is no way any country can forcibly devalue their currency by 7% in a… Continue reading
NEW ISSUE – HOUSING DEVELOPMENT BOARD 12Y SGD 3.22% ISSUE: Housing and Development Board RATING: Unrated SERIES: 062 FORMAT: Reg S Bearer / Off the Issuer’s SGD32 billion Multicurrency Medium Term Note Programme… Continue reading
A friend was complaining to me about some prices that are not holding up to screen levels. Being a savvy investor, he checked the Bloomberg price before asking for a bid only to… Continue reading
