Economic News None till 12 April IRS USD/SGD barely budged on the week, compared to the movements in the JPY driving the NEER to 145 bp. This is not a good sign going… Continue reading →

– CWT announced a new 6yrs issue after strong IOIs after SG roadshow – Deal terms: 6yrs at initial price guidance of 4.1% area – CWT Limited is a leading solution provider of… Continue reading →

I seem to be keeping my days busy doing not much which does not exclude the prospect of meeting up with old friends for coffee. That was exactly what I did last evening… Continue reading →

Illustration 1: AUD/USD vs. IMM Commitment of Traders (Non-Commercial) positions vs. AUD/USD 1-month risk reversal vol skew … all points to AUD at risk of correction lower Asianmacro has previously opined on Australia… Continue reading →

I would have never thought that we would be allowed to use our CPF funds to buy anything but the safest bonds and of course, the very unsafe Gold ! I thought I… Continue reading →

Tell the truth guys ! When I wrote about Swiber senior perpetual a couple of months back, a few friends approached me to ask if the bond was worth a look at about… Continue reading →

Plenty of sabre rattling in the news yet none targeted at good old Singapore directly. We had the oldest bank in Switzerland, Wegelin, shutting its doors after a US tax probe earlier this… Continue reading →

First, I do not recall the Bible mentioning grapes as the forbidden fruit. The excitement of receiving 2 grapes from a restaurant manager from their vine was enough. What resulted after a leisurely… Continue reading →

The attack on offshore financial centers continues: “…An anonymous whistleblower sent to the ICIJ 2.5 million electronic files containing what the organization calls “the biggest stockpile of inside information about the offshore system… Continue reading →

A cheaper Porsche makes for a happier taxman – The Porsche 911 Index The Porsche 911 index – The Cheaper your Porsche, the happier your Taxman Assume all you ever wanted us to… Continue reading →