Posts by Stephanie Irvin
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
[TOKYO] The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest rate unchanged, in a decision that will be closely scrutinised by the bond market. All 53 BOJ watchers surveyed expect no change in the BOJ’s 0.5 per cent interest…
Read MoreStocks to watch: Suntec Reit, ESR Reit, Straits Trading Company, Fu Yu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Real Estate Investment Trust (Reit); ESR Reit: ESR Group, which is the sponsor of Suntec Reit and ESR Reit is expected to delist from the Hong Kong Stock Exchange on Jul 3 as its shareholders on…
Read MoreNavigating private credit – how it compares with T-bills and publicly issued bonds
[SINGAPORE] Private credit is rapidly gaining traction among retail investors as regulators around the world are giving these individuals more access to private markets in general. Private credit refers to a type of debt negotiated between non-bank lenders and companies that are often below investment grade and unlisted. The asset class flourished after the global…
Read MoreHedge funds reap cash from investors ‘starved’ of Japan exposure
[HONG KONG] Nick Bird’s OQ Funds Management opened a Japan quantitative hedge fund in September. Within weeks, it raised the maximum US$250 million and had to turn away additional money, the former Macquarie Group veteran said. Meanwhile, Sengu Capital’s hedge fund tapping improving corporate management in Japan has tripled assets to US$450 million after trading…
Read MoreBaltic Exchange Shipping Insights
Capesize The Capesize market displayed a steady yet nuanced performance this week, starting on a subdued note due to European holidays but gaining traction as the days progressed. In the Pacific, the C5 West Australia to China route saw persistent activity from all major miners, with fixtures gradually improving from sub $10.00 levels early in…
Read MoreFu Yu’s independent directors resign, leaving the CEO as the only director
[SINGAPORE] All of Fu Yu Corporation’s independent directors have resigned, indicated bourse announcements on Sunday (Jun 15). Independent directors Royston Tan and non-executive chairman Christopher Huang have resigned due to persistent attempts to remove them from the board. Fu Yu’s largest shareholder Victor Lim has been tabling resolutions in an attempt to oust Tan and…
Read MoreBT boss Kirkby expects AI to deepen job cuts, FT reports
Published Sun, Jun 15, 2025 · 05:43 PM BT Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could deepen significant job cuts under way at the British telecoms company, the Financial Times reported on Sunday (Jun 15). Kirkby told the newspaper that BT’s plans to cull more than 40,000 jobs and strip…
Read MoreNew World sells 138 Hong Kong homes at discount within hours
Published Sun, Jun 15, 2025 · 03:24 PM New World Development and its partners sold 138 apartments in a few hours at a new project after pricing the homes at a discount to lure buyers in Hong Kong’s sluggish real estate market. The companies sold the apartments in Deep Water Pavilia in southern Hong Kong…
Read MoreUS dollar’s tepid rebound reinforces questions around haven role
The US dollar’s muted rally against major peers after Israel’s strikes on Iran reinforced the impression that the greenback’s role as a global haven currency is fading. A Bloomberg gauge of the dollar gained as much as 0.6 per cent at one point on Friday (Jun 13), after Israel’s attacks on Iranian nuclear facilities stoked…
Read MoreBoeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reported
Published Sat, Jun 14, 2025 · 01:05 PM [BEIJING/HONG KONG] Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday (Jun 14), Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a…
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