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
How do we read into things ? *S&P REVISES ECO RISK TREND IN SINGAPORE BANK SECTOR TO POSITIVE *S&P: 1 IN 3 LIKELIHOOD ECON. RISK IN SINGAPORE WILL IMPROVE Positive is a good… Continue reading
MAS remains profitable !! “THE Monetary Authority of Singapore (MAS) posted a sharply lower net profit of S$281 million for the year ended March 31, 2015, due to currency effects. The negative translation… Continue reading
**ROXY-PACIFIC HOLDINGS LIMITED SGD 3YR – IPG 4.75% AREA** Issuer : Roxy-Pacific Holdings Limited Issuer Rating : Unrated Status : Senior Unsecured Issue Size : TBD Format : Bearer, Regulation S only and… Continue reading
NAM CHEONG SGD 3 YR Issuer: Nam Cheong Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA, issued off the SGD600m Multicurrency Medium… Continue reading
US LIBOR 1M 0.1866 3M 0.28175 6M 0.4464 ECONOMIC NEWS AND DATA MAY Industrial Production +2.4% MoM, expected +1.8% MAY Industrial Production -2.3% YoY, expected -2.6% May Bank Loans and Advances -0.1% YoY… Continue reading
China SCE sells $350m 5NC3 10% bonds, IPT 10.5% area BOC Gets $4b Orders for USD 3Y Bond, $3.5b for 5Y, $2.8b for 10Y Lender sells $1b 3Y bonds at +115bps vs IPT… Continue reading
Issuer : Bank of China Limited, acting through its Abu Dhabi, HK and Singapore branches Issuer Rating : A1 (stable) by Moody’s, A (stable) by S&P, A (stable) by Fitch Expected Issue Ratings… Continue reading
*** SINGTEL NEW US$ 10-YEAR: GUIDANCE T+110 AREA *** Issuer: Singtel Group Treasury Pte. Ltd. Guarantor: Singapore Telecommunications Limited Guarantor Ratings: Aa3 stable by Moody’s / A+ stable by S&P Exp Issue Ratings:… Continue reading
US LIBOR 1M 0.187 3M 0.2813 6M 0.44365 ECONOMIC NEWS AND DATA May Non Oil Domestic Exports -3.1% MoM, expected -3.2% May Non Oil Domestic Exports -0.2% YoY, expected +2.3% May Electronic Exports… Continue reading