Showing posts from November, 2015

Beijing’s crackdown on brokerages designed to shake up China’s power-money structure

Beijing is trying to rid mainland stock markets of collusion between power and money by stepping up investigations of securities companies, analysts said, while warning of shocks to markets that had just stabilised.

Singapore oil borrowers seeking more slack to avoid bond defaults

Borrowers in Singapore, so far spared from a wave of defaults in the oil services industry, are starting to ask creditors to cut them some slack.

SGX keeping close tab on companies reporting sudden adverse financial changes

The Singapore Exchange is closely monitoring disclosures of companies, including those which show large swings in financial positions and performance, and the regulator warns it will not hesitate to report audit infractions to relevant authorities.

China to kick off Shenzhen-Hong Kong stock connect in 2015, earlier than previously expected

The Shenzhen-Hong Kong stock connect will be launched this year despite widespread market expectations it would be delayed to 2016, the governor of the People’s Bank of China said on Wednesday.

A case of disclosure lapse by CNQC?

CNQC (South Pacific), known for developing mass-market condominiums and executive condominiums in Singapore under the “Qingjian Realty” brand, underwent a backdoor listing in Hong Kong without any apparent glitch this month.

2 directors facing vote to oust them list concerns about KLW

Two of the independent directors facing a vote to kick them off the board of doormaker KLW Holdings have listed their concerns about the company in a statement posted on the Singapore Exchange (SGX).

The ‘F’ word and other profanities in business investment advice

The hip, casual trend in business started years ago in Silicon Valley, with millionaire and billionaire investors shuffling about in flip-flops and shorts. Then it spread to the hedge fund managers, who especially during the Internet bubble, sported goatees and wore jeans to the office, even as traditional money managers were stuck in the uniform of business suits.