Always an oldie but goodie. “We have strict laws against money laundering, but as far as we are concerned, we have serious doubts about the veracity of the Indonesian government’s claims that obviously well-regarded and reputable merchants could be accused of the crimes they were alleged to have committed. Our private bankers have one simple ...

Contrarian indicator alert: CIMB-GK’s most recent announcement that they’re reducing unemployment by 100 in Singapore, in anticipation of a tsunami of retail punting means that – in this blogger’s opinion – it’s time to upgrade the STI bear meter to Defcon 2.From BT “CIMB-GK goes on hiring spree for 100 dealers”CIMB-GK …

More from the signals division: MAS gets into the property-cooling game, and issues a “do ya feel lucky” challenge to Singapore property speculators. Already, the recent announcements and measures (and more pending, if MAH and MAS’ recent warnings are anything to go by) seems to have had a cold turkey effect on property sub sales.In ...

Will Shell never learn? After the traffic jam fiasco of the 44 percent promotion for August’s national day celebs, and even after hard lessons learnt from Shell’s 100th year annivesary deal (way, way back in 1991, when some enraged drivers turned muay thai boxers because of a misguided free fuel promotion, with an official complaint ...

Based on the transcripts of the latest Bloomberg interview with the POTUS, it emerges that Banker-loving Barack has no problems with high bonuses and salaries awarded to banksters that got bailed out by the taxpayer who are now indebted and unemployed by the millions in the US. I’ve never seen a president more determined to ...

RBS has just released a quick broker call on Tiger Airways, summarizing what many Tiger customers are already aware of: that the odds of flights being canceled are just a wee bit higher than the odds of losing at the … Continue reading →

The Herald Scotland has claimed that hundreds of bunker-busters have just been shipped to Diego Garcia, waiting to be dropped on a couple of primary schools, some crippled-childrens&# 8217; charity houses, and a smattering of wedding parties in Iran. According to “experts” ;, it’s better that Obama makes the decision to blow up a few pregnant moms ...

The jackals devour the still warm carcass that once was Stuyvesant town.From NYT “Huge Housing Complex in N.Y. Returned to Creditors”The owners of Stuyvesant Town and Peter Cooper Village, the iconic middle-class housing complexes overlooking the East River in Manhattan, have decided to turn over the properties to creditors, officials said Monday morning.The …

Risk is now at risk. Rather predictably, the Middle East default debacle, Asia’s faltering asset bubble and Euro’s attempt to emulate the last hour of “Titanic the Movie” has made several Wile E Coyote wannabes suddenly realize that they’re still running, but there’s no more ground underneath them. When push comes to shove (and …

It was only a matter of time before the infrastructure set up by the US taxman in APAC to collect much-needed taxes to fill up the hole left by the bank bailout starts gaining momentum. From Bloomberg “Hong Kong Is New Target of U.S. Crackdown on Global Tax Evasion”Hong Kong is a new target of ...