Australia Focus : Crush and Crushed, Wallabies and Kangaroos
I admit, I am not the sports fan to sit patiently through a televised game but I do like to follow the headlines and so we Australia keeping their hopes alive for winning… Continue reading
BONDS IN CONVERSATION : PREPARE TO BE UNPREPARED
Happy SG50, Folks ! My web developers must have timed their delay perfectly to launch the new site tomorrow on NATIONAL DAY (or so they promise) and I apologise for the sporadic posts… Continue reading
FX Thoughts : USDJPY and Unhappy Whisky Drinkers
We have the US Non Farm Payrolls tonight and raining on this SG50 public holiday when admissions to numerous public attractions are free which is a shame. Thus the best thing to do… Continue reading
PRIMARY CREDIT WATCH
YESTERDAY’S DEALS KDB Gets >CNH2.4b Orders for CNH1.2b 3Y Bonds KDB (Aa3/AA-) sells bonds at 4.10%. Order book >CNH2.4b with 55 orders By region Taiwan 47% Rest of Asia 49% Europe 4% By… Continue reading
SG50 SPECIAL : SINGAPORE TAKES ON ETFS, FOR BETTER OR WORSE ?
Sometime in March, the MAS announced three broad initiatives for individual investors. The new rule is that SGX ETFs that make limited use of derivatives can be traded by the public. Where were… Continue reading
PRIMARY CREDIT WATCH
Car Inc. (699 HK) Proposes to Issue Dollar-Denominated Senior Notes (Bloomberg) — May price today. Issuer: CAR Inc. Guarantors: Certain non-PRC subsidiaries of the issuer Issuer ratings: Ba1/BB+/BB+ Expected issue ratings: Ba1/BB+/BB+ Reg… Continue reading
CHINA FOCUS : Waiting For The Star To Fall
I conclude the A50 is the worst performer of all the Chinese indices because it is the most accessible to short sellers ! A50 is up 42.23% over 12 months. SHCOMP is up… Continue reading
AUSTRALIA FOCUS : STILL THE BEST PLACE TO LIVE
Yes, we know that the Koala is a BEAR but at least investors are having second thoughts this week as far as the AUDUSD is concerned anyway. We are closing on a gravestone… Continue reading
BONDS IN CONVERSATION : TIME FOR A BLUE MOON
What a week and what a time for renewal. Renewed selling in Chinese stocks, renewed EM bashing, renewal in Malaysia with a fire that destroyed evidence and hopefully, they can start afresh, and… Continue reading
Not Say I Want To Say : Singapore Junk Bonds Can Buy, Ar ?
I felt I had to write this because I came off rather confused after reading this BT article published today. Singapore junk bonds gain twice Indonesia as millionaires find haven And it was… Continue reading