THE latest six-month Treasury bills (T-bills) issued by the Singapore government emerged 2.5 times oversubscribed, causing a delay to the publication of the results of the auction on Thursday (Nov 24).
AS THE proportion of non-competitive applications shifted in favour of competitive bids with a specified yield, the cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 3.9 per cent on Thursday (Nov 24), from 4 per cent a fortnight ago.
BILLIONAIRE investor Bill Ackman said he’s betting the Hong Kong dollar will fall and that its peg to the US dollar can break, the latest big money manager to take a public short bet as US rate hikes turn the blowtorch on Hong Kong’s currency system.
FRAUD and scams accounted for nearly a third of claims handled by the Financial Industry Disputes Resolution Centre (Fidrec) for the financial year spanning Jul 1, 2021 to Jun 30, 2022.
CHINA’S mega state-owned banks are offering at least 270 billion yuan (S$52 billion) in new credit to property developers as part of the nation’s push to ease the turmoil in the real estate market.
IN the wake of the spectacular meltdown of Sam Bankman-Fried’s crypto empire, many investors are looking for early warning signs that may have foretold the contagion that was about to unfold. One possibility? Coinbase Global’s junk bonds.
THE three-month London interbank offered rate for dollars climbed to the highest level since the financial crisis in an otherwise quiet day for the front-end of fixed income markets.
A MAJORITY of US Federal Reserve policymakers found that a slower pace of interest rate hikes would “likely soon be appropriate,” the central bank said on Wednesday.
CHINA will use timely cuts in banks’ reserve requirement ratio (RRR), alongside other monetary policy tools, to keep liquidity reasonably ample, state media on Wednesday (Nov 23) quoted a Cabinet meeting as saying.
