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In a clarification that is almost certain to create a whole new whistleblowing industry amongst HDB dwellers, it’s now declared by HDB that the same MOP rules apply to foreign properties. Private investigators like www.catchcheatingspo use.com.sg (soon to branch into www.catchcheatingMOP .com.sg) … Continue reading →
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Rumors are pinging about the blogosphere that Zhou Xiaochuan, head of the People’s Bank of China, has not only left the building (which is poorer by about US$430 billion because of his China-Aviation-Oil-l ike market timing abilities on US debt), he … Continue reading →
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The Great Prick returns to Singapore to attempt to let air out of the bubble gently, hopefully without seriously harming electoral chances. Back in Sept 2009, IAS was killed. Didn’t work. In Feb 2010, SSD was re-introduced, and LTV was … Continue reading →
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Apparently, Singaporeans just don’t know a good deal when they see one. At least, that’s the gist of the statement put out by Tim Goldfinger Goldring, MD of Profitable Plots, the company that is now famous in Singapore (and some … Continue reading →
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Housing sales plunge to a 15 year low, and right on cue, everyone from PIMCO boss Bill Gross to any sell-side analyst with a pulse is calling for QE version 5679 (nevermind QE2), in order to make the government the … Continue reading →
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Michael Pettis, one of the more clear-headed thinkers on the China-US trade relationship, has weighed in with his thoughts on why the odds of a trade war between China and the US are shooting through the roof. In summary, he … Continue reading →
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In a massive show of confidence in future prospects, Tiger Airways shareholders dump 40% of holdings
In what must have been interpreted as a massive demonstration of confidence in Tiger Airways’ future prospects, key Tiger shareholders – CEO Tony “the Tiger” Davis, Indigo and Ryanasia – sold 40% of their holdings a month after the IPO … Continue reading →
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Greece is the word, once again. 10 year government debt is trading at the crisis levels of early May, before the EU launched its “shock and awe” (not so much) rescue, and the ECB began buying up Greek debt. With … Continue reading →
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Here’s a recent comment from Jimmy: Thank you for making a call that helps me validate my worldview somewhat. I am beginning to feel overly pessimistic amongst some bright sun shiny friends and I desperately need some miserable company, not … Continue reading →
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I thought I’d seen everything, when both Greenspan and Bernanke, the ultimate market P.I.M.P.s actually stated for the record that “things are pretty screwed up”. But then I chanced upon this latest message from the Pump Man himself, the God … Continue reading →
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Double dip be damned (and please forgive us the title of this posting, which may be accidentally construed by progressive readers as the title of a recent porn movie they’ve not yet watched). The new wisdom coming out from the … Continue reading →
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If Mark “The Turd” Hurd was a dishonest asshole, it’s considered a “bad move on the board’s part which damage shareholder’s interests” by asking him to resign. If despicable you, much further down the food chain, did the same thing … Continue reading →
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So much for saving the world. The Maestro (soon to be known as the Monster) has this to say about unemployment and the financial system in the US: On unemployment: “There’s nothing out there that I can see which will alter the trend or the level of unemployment.” On the financial system: “At the moment, ...
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An educational little embed video from Guardian on why the situation in Afghanistan is absolutely normal. All fucked up. This video might offend people who are used to taking the blue pill, or hate the sight of a bullet through a face, or think that there should always be a replay setting on their copy ...
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In what will probably be the funniest advertorial sales pitch ever in retrospect (possibly almost at par with Clinton’s “I did not have sex with that woman”), we have CDL CEO Kwek pitching ‘inflationR 17; as the main reason to put half of your wealth in property now. God help us. He also trots out the ...
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For those who want to see HFTs in action pushing up markets on practically zero volumes, look no further than the recent behaviour in US and Singapore markets. First off, a nice summary from ZH on how equity outflows have continued for the 12th consecutive week, even as markets continue the ramp up on vapor ...
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While many SMBs in Singapore are getting riled up by the Global Yellow Pages “protection money scandal”, (if it actually can be called a scandal since, on any other given day, this opt-out tactic would be called business-as-usual by most GLCs in Singapore), it seems to me that Global Yellow Pages is now making a ...
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