July 19 (Bloomberg) — According to a person familiar with the matter. Issuer: Perennial China Retail Trust Management Guarantor: Perennial China Retail Status: Senior, unsecured Format: RegS, Bearer Tenor: 3 yrs Initial Price… Continue reading
Singapore’s 2Q GDP Growth Momentum Likely Unsustainable, CS Says July 18 (Bloomberg) — Singapore’s strong growth momentum seen in 2Q is unlikely to be sustained because of some pullback of production in biomedical… Continue reading
I honestly do not know what to make of the statement. He said the plan is “not preset” which is subject to interpretations but the market choose to believe in the continuation of… Continue reading
The FT had been showing a graphic on the burden of public debt: Comparing the burden of public debt http://www.ft.com/intl/cms/s/0/bc1fb5f0-e057-11df-99a3-00144feabdc0.html The perspectives they had were: 1. net debt as a % of GDP… Continue reading
India Joins Brazil to China in Tightening Liquidity July 16 (Bloomberg) — India stepped up efforts to help the rupee after its plunge to a record low, raising two interest rates in a… Continue reading
** Oxley Reopening SGD 4.75% 5NC3 Notes due 11 July 2018 – Update #1 ** – Oxley announced the reopening of the existing 4.75% 5NC3 Fixed Rate Notes due 11 July 2018 on… Continue reading
Zico, not his actual name, has been in the business for a long time, much longer than most of us, being able to recall the stock market in the 80’s. I was harassing… Continue reading
Economic News 2Q13 GDP +15.2% QoQ vs expected +8.1% 2Q13 GDP +3.7% YoY vs expected +2% May Retail Sales +3.2% YoY vs expected +1.8% May Retail Sales +2.1% MoM vs expected -1% May… Continue reading
In America, they are still fighting the Great Depression, thus the bias to stimulate. In Germany, they are still fighting hyperinflation, thus austerity. In Singapore, they are still fighting the Asian Financial Crisis… Continue reading