Monthly Archives: February 2010

Dividends declared for FY 2009

Despite a challenging year last year, some corporations were declaring dividends based on their performance of the year.   The dividends shown below for some listed companies include special dividends. The calculated dividend yields are based on current market prices … Continue reading

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Singapore GDP 2009 contracted 2.0 per cent

Singapore Gross Domestic Products (GDP) contracted 2.0 per cent in 2009 over 2008. The last time we saw negative annual growth rate was in 2001. That year, GDP contracted 2.4 per cent year-on-year. Singapore weathered the great recession quite well … Continue reading

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Lehman Brother’s Minibond

Lehman Brother’s Minibond is not a bond. It is a credit-linked note, a derivative tied to underlying credit status of Reference Entities. Investors are exposed to credit risk of these Reference Entities and will receive less than the principal amount … Continue reading

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Get-together on Chinese New Year Celebration

We had the usual re-union dinner at a restaurant on the eve. The following morning, we gathered at my mother’s home for lunch. This year was special. We had a fourth generation added to the family tree. My nephew had … Continue reading

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CNY 2010

May the Lunar New Year bring peace and happiness to all!

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Debt is a problem

United States of America plunged into recession in 2008 – 2009 sparked by sub-prime mortgage crisis when asset bubble burst. US residents borrowed to invest or spend and banks lend to poor credit clients. When property market lost values, borrowers … Continue reading

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Fear returns to Stock Market

January 2010 turned out worse and the confidence in December last year dissipated . The market capitalisation of shares in the Singapore Exchange declined 3.7 per cent in January compared to December. The market was spooked by China’s actions to … Continue reading

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