This morning, when most Asians were still sleeping, the Japanese government started another round of massive currency-market intervention. Recent Euro debt crisis has caused Yen, perceived as a
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- Month: October 2011
Legg Mason Investment Conference 2011
Today I attended Legg Mason Investment Conference 2011 at The Fullerton Hotel. The title of the conference is “Beyond the market turmoil“. I feel some of the insights
The "Unnatural Death" of Financial Planning
Every Sunday night, Darren Lim will host a show called “Unnatural” on Channel 5. Every year there are more than 3,000 reports of unnatural deaths in Singapore, the show
Spain Downgraded Again, Greece Default Almost Certain
After Fitch Ratings downgraded Spain on Oct. 7, Standard & Poor’s cut Spain’s credit rating to AA- last week, for the third time in three years. It appears
Why Dexia Bank Collapsed Even After It Passed Stress Test
On 10 Oct 2011, Belgium, France and Luxembourg agreed to nationalise Dexia, Belgium’s biggest bank. Ironically, this happened just 3 months after it passed the stress test. In
SGD starts to appreciate again.
Singapore Dollar has went for a roller coaster ride for the past month, after it depreciated sharply since September, SGD appreciated again from end of last week. This
Four Potential Scenarios of Eurozone Debt Crisis
I came across this report from Mike Story, Economist at Western Asset Management discussing four potential scenarios of Eurozone debt crisis Scenario 1: No Eurozone Restructuring This is