What does one expect to gain by saying this ? “I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the… Continue reading
For all the hype and expectations, the 3rd Chinese plenum of failed to produce a single firework. Instead we have the unveiling of a destination without a map to guide the markets. Way… Continue reading
Not sure if this warrants a post. KSH Holdings Markets 2.5-Year Singapore-Dollar Bonds at 5.25% Issuer: KSH Holdings Ltd. • Tenor: 2.5 year • Price Guidance: 5.25% (the number) • Format: Reg S… Continue reading
Indian Rupee down 1.98% today but I believe the typhoon was in Philippines. Indonesia bucked trend with their surprise rate hike. Thailand considerably unfazed by their Amnesty bill. For the month of November,… Continue reading
Economic News Oct Electronics Sector Index 51.0 vs expected 50.9 Oct PMI 51.2 vs expected 51.0 IRS SGD rates settling into SGD strength and comfort zone for the week, ignoring half of the… Continue reading
It seems my friends and I have wine problems here. I am indignant as my favourite for the past 9 months, Fat Bird, a NZ Malborough Sav Blanc which I consume at a… Continue reading
UOB SGD TIER 1 – Benchmark SGD Perp-nc-6 BASEL III-compliant T1 issue with reset at the first call date and every 5-years thereafter – Initial Price Guidance: 4.90% area – Size: benchmark COMPS… Continue reading
For all the similarities between Singapore and Hong Kong, their monetary and foreign exchange policies cannot be less than a universe or two apart. The first thing anyone who is forcibly posted back… Continue reading
It is a painful reminder how much banking has changed when you realise you do not have your AUD account number written down anywhere. How is that possible ? I found out the… Continue reading