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global financial crisis (GFC)
Banking & finance
HSBC repays 24-year-old legacy capital in balance sheet cleanup
The lender will be redeeming a US$900 million ($1.15 billion) preferred security issued by HSBC Capital Funding (Dollar 1) L.P.
September 27, 2024
Tong's Portfolio
The global economy and investment opportunities as we see it
Over-expansion in private credit leads to financial crisis.
April 26, 2024
Global Economy
Inflation: the devil we knew
The Fed has made it abundantly clear that if and when inflation accelerates, it will at first sit back and watch.
April 09, 2021
Global Economy
Inflation: the devil we knew
The Fed has made it abundantly clear that if and when inflation accelerates, it will at first sit back and watch.
April 09, 2021
Labour market
Singapore's total employment sees sharpest fall in over 2 decades in 2020 : MOM
Total employment for the was down by 166,600 in 2020
March 16, 2021
Broker's Calls
CapitaLand, CDL top picks as valuations too cheap to ignore: DBS
DBS believes that most negatives are priced in at an average price to net asset value of 0.6 time, which is close to levels back in the global financial crisis (GFC).
August 07, 2020
Singapore economy
High debt a concern as Singapore faces its most severe downturn, says Menon of MAS
The economic and health crisis brought about by the Covid-19 pandemic will have quite some ways to go. “We are not at the beginning of the end,” says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).
July 17, 2020
Special Feature
China's recovery a boon for Asian high yield bonds
At the start of this year, Asian high yield bonds were one of the asset classes favoured by UBS Asset Management (UBS-AM) to outperform. Their valuations did not look overly stretched and fundamentals were firm. In fact, the US and C
June 19, 2020
In print this week
Former banker founded Charismatic Capital to offer stock loan financing to underserved companies
Stock loans are nothing new. This form of financing requires borrowers to put up shares as collateral in exchange for a loan. However, the global financial crisis (GFC) in 2008 changed all of that.
June 12, 2020
Global review
Residential property prices supported by QE, low interest rates, shrinking supply, says RHB
The Singapore residential property market is probably a lot more resilient during Cov-id-19 than it was either during the Asian Financial Crisis (AFC), SARS or the Global Financial Crisis (GFC). Despite the “circuit breaker” measu
June 12, 2020