What’s the world coming to? Civil servants working for RBS Coutts in Singapore are walking out because of the lack of bonus prospects! What next? A strike by the meter maids?This from Reuters:Third of staff at RBS Coutts Singapore quitLack of bonuses prospects said to be a factorA third of the staff of the Singapore ...

Readers are going to be seeing a lot of numbers and interpretations coming out over the next few days on what the September trade numbers actually mean. As far as I can tell, we’re seeing another data point to support the “We’re recovering because we’re getting worse at a slower rate” theory.From the BT:Singapore’s key ...

When the Yakuza has to go for the local gangsta equivalent of SPUR and jobs re-training, you know the economy is in some serious shizzle. From the Mainichi Daily News:Yakuza group forcing members to take ‘gangster exam’OTSU — Japan’s largest and most notorious organized crime group, the Yamaguchi-gumi, is forcing members to take a “gangster ...

(courtesy of Infectious Greed)For consparanoia nuts and gold bugs everywhere, here’s solid proof that there’s a vast global conspiracy that manipulates markets, with the goal of transferring even more wealth from the poor to the rich. Where’s the outrage? 

The man who predicted 2007 back in 2005 is back with some more doom and gloom. Not surprisingly, his view centers around the massive USD carry trade that’s fueling speculation in all sorts of risky assets, and the bubble it creates.Dr. Nouriel Roubini, professor of economics and international business at the Stern School of Business ...

Singapore is on the verge of exiting OECD “grey” list of nations – defined as those who are considered tax havens, no matter what local politicians might be saying. We are one agreement away from moving into the vaunted white list, with Switzerland having arrived much earlier, having sold out 4400 as part of a ...

Now that the fit has hit the shan for Transcu shareholders, here’s a free public service announcement on behalf of the ‘regulators’ at SGX, who are still on an extended team-building holiday to learn how to locate own rear ends.Note: I didn’t bother adding in my standard 88/120/200 MAs for this baby, since I didn’t ...

Surprise, surprise. SPH announces a 12% drop in topline print revenues, but realizes that it can make up for the slack with residential property development. Which now means that SPH will be joining the ranks of Aztech and Popular as property speculators, given the crappy state of their core businesses.Here’s what JPM thinks of SPH’s ...

From SCMP today “Mainland defaulters sting small investors”. For readers who want more details of the sad and sordid screwjobs conducted by Chinese triads businessmen on Singaporean savings, you may refer to this.China may boast dazzling economic growth but that has failed to translate into profits for some bond holders and thousands of small investors ...

The bears sense blood. US consumer confidence in Oct is unexpectedly down, Sept home sales are (unexpectedly) down as tax breaks run out, VIX has just displayed a massive short term spike, and buy-call advertising flyers are covering Main Street like confetti. Is this the turning point of the great sucker’s rally? Is the start ...