China is probably the only place making sense as yields rose on the week after a GDP number that was above expectations at 7.5%, beating the previous quarter’s growth rate of 7.4% yoy,… Continue reading
As our heart goes out to the victims of an unbelievable plane tragedy, the world readies to pay the price. Price to insurance companies – Annual aviation war risks premium total $60-70m globally.… Continue reading
I was going to start with snitching about Brokeback Mountain (ban ! ban ! ban !) to cap this action packed week that has come to a gruesome end when news broke of… Continue reading
The wonder of a perfectly engineered market that is devoid of the unexpected that sustains historic record lows in volatility, is that it allows the imagination to flourish a little. My reverie today… Continue reading
NEW ISSUE – HOUSING DEVELOPMENT BOARD 10Y SGD @ 3.10% ISSUER: Housing and Development Board RATING: Unrated SERIES: 60 FORMAT: S274 & 275 and Reg S Bearer, Fixed Rate Notes (off Issuer’s S$32bn… Continue reading
I am not a football fan. But I did kick a ball around in the street with the other kids, as a young boy growing up in London. I never imagined I’d become… Continue reading
New Issue – 3yr SGD Senior – Bank of Communications Hong Kong Branch Issuer : Bank of Communications Co.LTD. Hong Kong Branch Programme: US$ 3bn Medium Term Note Programme Issuer Rating: A/A-/A2 (Fitch/S&P/Moody’s)… Continue reading
I am no astrologer and am not exactly a big fan although I do glance at those horoscopes, occasionally, for a laugh at the things that never happen. When you combine astrology with… Continue reading
JOKES. Draghi speaks on Monday night. Market Mood Monitor. Yellen spoke last night. Market Mood Monitor. The market was waiting for the reports/interpretations and the reporters/interpreters were waiting for the market to decide… Continue reading
I am re-writing this after receiving a few urgent SMS-es that some people may be grossly misled by my comment that Olam is an equal credit to Temasek. For avoidance of doubt, Olam… Continue reading