7 weeks ago, we talked about the “aftershocks” after China pulled out all the stops. And back then we wrote, “What we have to look forward to ? 1. The side-effects of China’s… Continue reading
Remember to be a Singapore economist is to be Politically Correct & Cautiously Optimistic ? https://tradehaven.net/market/fx/singapore-rates-weekly-being-politically-correct-and-cautiously-optimistic/ So, tell me who would dare forecast this -4.6% QoQ GDP number ? Ranking of Economists 1.… Continue reading
What is it about this week that we cannot pin down ? For I am struggling against myself and the scattered thoughts of mine, refusing to gel together to give myself a logical… Continue reading
DISCLAIMER : https://tradehaven.net/terms-of-use/ A bit more on Indus Gas after its mention in our Primary Credit Watch this morning. INDUS GAS SGD 3YR – PX GUIDANCE AT LOW 8s Issuer: Indus Gas Limited… Continue reading
JURONG SHIPYARD PTE LTD(GUAR BY SEMBCORP MARINE LTD) SGD 7 & 15 Y Issuer: Jurong Shipyard Pte Ltd Guarantor: Sembcorp Marine Ltd Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg… Continue reading
HYFLUX SGD PERP NC2 – Price Guidance: High 4% area – Perpetual NC2 with rate reset in year 2 and 200bps step-up in year 2 – Significant early indication of interest prior to… Continue reading
I remember this name well – Bumi Resources. They had 2 hot high yield issues back in 2009 and 2010 that rallied 10%. The BUMI 12% 11/2016 (callable 07/2014 at 106) and the… Continue reading