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Showing posts from October, 2008

Noble - JPM

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Global Technical Research - CLSA

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A Bounce, Not A Bottom - Phillip

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SembCorp Marine

Singapore Offshore & Marine - CS

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Cosco

Asia’s Price-to-Book Falls to 2001 Levels

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Yangzijiang Ship Building

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Make or Break? - CS

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Conglomerates - GS

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Greed & Fear - CLSA

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Beginning of the End?

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U.S. Banks' Reports

China Companies' Reports

Still More Losses to Come, Says Volcker

Ex-Fed chief says slew of rescue measures distasteful but necessary

What is Contempt of Court?

Contempt of court may take many forms.
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A-G takes Trio to Court for ‘Scandalising Judiciary’

‘Kangaroo in judge’s robe’ T-shirt at centre of case
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Time to Make Sellers Beware, Not Just Buyers

Is it enough for the financial community to disclose important information in the fine print, or to bury material data inside prospectuses, or to put all sorts of legal disclaimers on broking reports or offer documents, and then to hide behind the maxim of caveat emptor (buyer beware) when things go belly-up and the finger- pointing starts?

By the same token, is it good enough for brokers to include ridiculous disclaimers on the cover of reports to the effect that those reports may be biased because the broker may have a business relationship with the company being covered?
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Turmoil May Stifle Asians’ Appetite for Luxury Brands

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‘I am now offering people shorter haircuts. It’s so they will last longer,’ the stylist told Ms Chadha, author of The Cult of the Luxury Brand: Inside Asia’s Love Affair with Luxury.
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Wynn Earnings Drop 38.8pc as Beijing’s Travel Restrictions Bite

Beijing’s crackdown on mainland visits to Macau has begun eating into corporate earnings, with operating profit at the Wynn Macau falling at least 38.8 per cent in the quarter to September from the previous period, according to preliminary results released by the company yesterday.
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Wynn Resorts Warns of Fall in Q3 Las Vegas Profit

It cites hike in bad debt reserves, drop in winning share of money gambled
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It's all right to say FUCK

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It's all right to say FUCK

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It's all right to say FUCK

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It's all right to say FUCK

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It's all right to say FUCK

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Global Equity Strategy - CS

Start to accumulate equities
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Singapore Market Strategy - UBS

Stock picks in a global recession
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SGX

Factoring in bear market volumes
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JPM

What if the recession is only starting now? - ML

A normal recession, back to 1855, lasts 18 months, not 10
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SingTel

Singapore Market Strategy - CS

Market unlikely to bottom before 2009; staying with a defensive stance
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Oil & Mining: Where Now? - CS

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Cosco - JPM

9 for '09: Marching on - Upgrade to Overweight
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Catastrophe Averted but Tough Times Still Lie Ahead

Bailouts, Deleveraging and the Best Supercycle: What's Next?
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Asia in a Global Recession - UBS

Asia remains too close to a cyclical peak to call a bottom
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Global recession: What does it mean? - UBS

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Global recession 2009 - UBS

Deeper recessions in the US and UK, mild recession in the Eurozone
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China: Global coordinated emergency rate cut - BNP

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Hong Kong Property: Bucke-up for the Slide - UOBKH

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Chinese Growth: Stress-Testing - CS

A soft-landing outlook appears to be reasonable, even in the face of the deteriorating economic outlook of the U.S. and the developed world.
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Malaysia Market Strategy

Najib as Prime Minister
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Skittish CIC Sits Out Morgan Stanley Deal

Morgan Stanley was too expensive for China’s sovereign wealth fund CIC, which has lost a lot of money in the past year.
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No More ‘One Size Fits All’ Bank Reserves

Regulators are preparing to adjust capital adequacy ratios to meet the specific needs of small- to medium-sized banks in China.
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New Frontiers for China’s Financial Sector

Redrawing supervisory boundaries and relaxing controls would benefit China’s financial services sector – and its economy.
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Internet Posts Used in Zhuzhou Graft Trial

In a landmark case, a former city food bureau chief is accused of corruption based on Web postings by whistleblowers.
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When Calamity Strikes, Who Should Pay?

Liability and victim compensation rules are under scrutiny in the wake of China’s tainted milk case and similar incidents.
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China’s Response to Global Turmoil

China should turn to fiscal stimuli, ease its monetary policy, and develop a long-term plan for the capital market in order to handle the financial crisis.
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Citi Opens Foreign Exchange Portal

Now Citi, the United States investment bank, has launched a foreign exchange (FX) portal in Hong Kong, offering an integrated online foreign exchange trading platform, CitiFx, for active individual and small institutional traders.
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Singapore Property - MS

Twin Peaks!
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Global Banking Crisis - UBS

Co-ordinated action?
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Singapore Property Sector - CS

Since May, conditions for developers have worsened – slowing demand,rising costs and tightening credit. We believe there is still some way to go before the dawn: major write-downs warranted by falling asset values could precipitate further share price underperformance. Growth could be impeded by non-availability and a higher cost of funding. We maintain our UNDERWEIGHT stance on the sector.
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China on Wall Street: Buy? Yes. Lend? No.

The financial aid program of $700 billion to the beleaguered US financial industry that has been passed by the Senate, though House passage is anything but a given, raises at least one very interesting question: Whence the cash?
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Singapore Property Sector - CS

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Singapore Heading Towards Recession - Citi

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China Properties - UOBKH

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China Short-Term Opportunities - Citi

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Upgrade Chinese Stocks - BCA

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Next up: ‘Mother of all Bank Runs’

Risk of ‘total systemic financial meltdown’ still lies ahead, say economists
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Straits Times Index: Targeting 2,108?

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Simply Stunned - Citi

Equity markets crumble after the TARP is summarily rejected by Congress.
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Singapore Property Bracing for Hard Landing - Citi

Residential: Job losses to add to woes — The volatile stock market and potential job losses in the financial industries could result in a further 25% decline in the high-end residential segment. Prices in the mid-market could fall another 15%, while the mass market could start to see a decline of 5-10%.
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Singapore in for 'Biggest Office Space Excess in 20 Years'

Demand for Singapore offices is likely to fall to recession-level lows next year and in 2010, resulting in the biggest excess supply of office space in 20 years, said Credit Suisse yesterday.
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A-Share Market Likely to Recover First

Has the A-share market bottomed? It closed before this week’s holiday on a very positive note, rallying from a multi-year low of almost 1,800 points less than two weeks ago. Opinions are divided among investors about whether the market has tested the lows in this cycle.
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