Five Cents Ten Cents

Hong Kong and Singapore.
These two countries are often compared because of similar geopolitical situations, racial compositions, approaches to economic growth and competitors to be the regional (if not world) class financial markets.
However, the recent Lehman mini-bonds fiasco has shown very different regulatory approaches in resolving the losses suffered by investors.
Hong Kong Monetary Authority: 1
Hong Kong’s [...]

Posted: 22 Oct 2008 10:19 PM CDT

Image by Getty Images via Daylife

DBS has decided to compensate investors in their press release on 22 Oct 2008. In it, DBS admitted that,
…we have found that a number of cases did not meet the standards DBS upholds and the Bank will be compensating these customers with [...]

Posted: 02 Oct 2008 10:29 PM CDT
Will MAS be able to do anything concrete other than to breathe down the banks who sold you the Lehman Minibonds and DBS High Notes 5 to “do something”?

Posted: 29 Sep 2008 03:42 AM CDT
Under the current market turmoil, there are still some safe havens for your investment monies. Besides Singapore Treasury Bills, Singapore Government Bonds are also one way to invest in relatively safe assets. The MAS’s recent auction for its 5 year Singapore Government bonds yields 2.65% per annum which [...]