*People crowd into the Nanjing Municipal Real Estate Trading Centre looking to sell property ahead of a new capital gains tax. Chinese couples are divorcing so they can sell their properties tax-free, and… Continue reading
Sounding out at 4.35% cpn for 10Y. This company has come a long, long way from the time when I was involved in pricing their bonds. They disappeared from the issuance radar, wisely, for 4… Continue reading
“…Shortly after the opening bell, the Dow rose above 14,198.10, the intraday all-time high reached in October 2007…” Reuters This is capital flight. Capital everywhere are looking for a home, safe from the… Continue reading
Warren Buffet lost his magic last year, delivering what he deemed as “sub par” returns last year and warning that the performance streak may end this year. The skill of stock picking is… Continue reading
Qatari Emir Buys Six Greek Islands For $11 Million Read more: http://www.businessinsider.com/qatari-emir-buys-six-greek-islands-for-11-million-2013-3#ixzz2Md4e1dCw Cheap and good solution to our housing problem. Build retirement villages there ! City Development Limited 5Y 2.45%. How uninteresting till… Continue reading
SHIMAO is always first to be hit because of ITS NAME !! Shi Mao ? Dead Cat ? Latest SHIMAO6.625 01/2020 at 96.60 (7.26%) about 0.75 cts cheaper today. YuZhou ? Fish porridge… Continue reading
USDJPY Kijun Sen Feb 2013 The selloff of EURJPY on 26th Feb was quite a bitterpill to chew for many, especially for those who booked their best quarter for donkey weeks, months or quarters… Continue reading
I missed out on the APPLE chase that netted a few of my friends decent returns last year. Ignoring calls to buy APPLE which was an influx of about half a dozen APPLE… Continue reading
Did anyone read the Weekend Business Times and the One Devonshire caveat at SGD1,192 psf ? “Madness !” “I want !” , Some of the comments I have heard. In the past 3… Continue reading
Recollecting a story of my mother’s friend, both of whom are not on this earth anymore, and the Phuket tsunami. The waves withdrew fast and swiftly, drawing a crowd into the beach front,… Continue reading