No respite for shares in Singapore as I present the “double offenders”, shares that have hit their 12 month low more than once in the past 5 days. Just when you think they… Continue reading
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ****************** The kiasu spirit has not failed Singapore yet again. The Singapore market has… Continue reading
If things are so bad as RBA says, why aren’t they cutting rates ? Market says they will, in 2015. http://www.theage.com.au/business/the-economy/rba-does-the-interestrate-cut-threestep-20141205-1212wd.html 10 year AUD notes broke under 3% before rising to close the… Continue reading
Big deal of the week ICBC 6% AT1 CNH Coco (not on list) managed to trade above 102 but interest failed to sustain. Who can blame them with their stock market surging 20%… Continue reading
Hope is a wonderful thing. Because with Hope, we need no results and Hope carries us to tomorrow and the day after and there will be no day of reckoning as long as… Continue reading
Central bankers are coming out to reassure markets that lower oil prices are good and the markets are listening, ramping the S&P 500 to a new record close of 2074 last night. Meanwhile… Continue reading
This week’s random Tuesday tipple is the Chateau Ausone 2001. Ausone is without doubt a big name, one of the traditional heavyweights of the Bordeaux right bank and certainly up there with the… Continue reading
Some market statistics for us to chew upon. There has been approximately 147 new SGD dollar corporate bond issues in 2014 and 138 new issues in 2013. Extracting those that are trading under… Continue reading
ICBC AT1 USD/CNH/EUR NEW REG S/144A MULTI CURRENCY (USD/CNH/EUR) AT1 PREFERENCE SHARES ANNOUNCED TOTAL AUTHORIZED OFFSHORE SIZE UP TO RMB 35BN (~US$5.7BN EQUIVALENT) ALL TRANCHES SUBSTANTIALLY OVERSUBSCRIBED FROM IOIs POST GLOBAL ROADSHOW PRICE… Continue reading
All of a sudden, we find every single commentary red flagging Malaysia as the biggest loser in Southeast Asia in the current oil rout when just a week ago, Malaysia was applauded as… Continue reading
