Hedge funds see profits as central banks print money
Global central banks competing to push their currencies lower and boost sluggish economies have opened up money-making opportunities for hedge funds this year. Policymakers from Tokyo to London are freely…
Property firms take hit from rate rise
Shares of Hong Kong developers fell yesterday after three major banks raised mortgage rates by 25 basis points amid mounting risk in the property market. In response to the first…
Asian markets slip, yen advances against dollar
Asian markets mostly fell on Wednesday morning, with few catalysts to drive buying after recent gains, while Wall Street provided a limp lead. The yen edged up slightly as investors…
Singapore Exchange tightens grip on Asian derivatives market
Singapore Exchange has announced two new tie-ups with other Asian bourses and disclosed plans for a number of new trading products as it tries to strengthen its position as the…
Uneven economic recovery dashes hopes for big rally in mainland China stocks
The performance of mainland stocks was expected to improve with the economic recovery, but a strong rally could be ruled out, said Yu Gesheng, a vice-chairman of the National Council…
SE Asia ratings are wrong, say investors
The bond market is telling Moody’s Investors Service and Standard & Poor’s that they’ve got it wrong in rating sovereign debt in Southeast Asia. The cost of protecting notes sold…
Warning for investors over fake Twitter share ‘tips’
The prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to deny that he had tweeted about the company Herbalife. Einhorn, a hedge fund manager,…
The cost of revealing your previous salary
“What is your current or last salary?” The question makes many job seekers cringe yet it inevitably comes up in interviews. When Lyndy Lim started her job search at the…
Bull vs Bear: high-yield bonds
In Bull vs Bear, specialists argue opposing views on hot market topics. In this week’s column, two investment experts face off over whether high-yield bonds are a good buy. Markets…
Low value lifts Coach takeover odds
Shares of Coach have lost 17 per cent since faster-growing rival Michael Kors went public in 2011 and began an almost threefold rally. Even though Coach has the widest profit…
