Monthly Archives: March 2014

Chinese Yuan investment

Chinese Yuan (CNY) was in newspaper headlines in past few days. Singapore is fast becoming an important hub for offshore Chinese Yuan (CNH) after Hong Kong. Yuan deposits in Singapore grew 70% to about 200 billion yuan (approx. S$40 b) … Continue reading

Posted in Financial Management | Tagged , | Leave a comment

Chinese Yuan weakened in three weeks

One year ago on 7 March 2013, US dollar (USD) in relation to Chinese Yuan (CNY) was US$1 = 6.2132 CNY. Date USDCNY 7 Mar 2013 6.2132 15 Jan 2014 6.031 13 Feb 2014 6.052 4 Mar 2014 6.136 10 … Continue reading

Posted in Financial Management | Leave a comment

ROE of companies – 31 December 2013 year end

Return on equity (ROE) is a financial ratio which is hard to pin down. Try getting it from Reuters, Bloomberg, DBS Vickers and you will find different values for same companies depending on which source you are accessing. Not all … Continue reading

Posted in Financial Management | Leave a comment

Comparison of StarHub, M1 and Singtel – 31 December 2013

StarHub and M1 released their full year results ended 31 December 2013. Singapore Telecom (Singtel) has a different year-end, ending 31 March 2014. It released its nine-month results ended 31 December 2013 instead. The table below shows comparisons using some … Continue reading

Posted in Financial Management | Tagged , , | Leave a comment

Semi-Annual Reports – SPDR Straits Times Index ETF and Nikko AM STI ETF

Both exchange traded funds (ETF) released their semi-annual reports for six months ended 31 December 2013. Their results are tabulated below.   SPDR STI ETF Nikko AM STI ETF Inception date 17 Apr 2002 24 Feb 2009 Fund size $397 … Continue reading

Posted in Financial Management | Leave a comment

“Gone Girl” by Gillian Flynn – A book review

Amy Elliott, wife of Nick Dunne, went missing on their fifth wedding anniversary. There appears to be a struggle in the living room with toppled and broken items. Who is the suspect and who is finally guilty? You have to … Continue reading

Posted in Book Review | Leave a comment

Ubud at Bali – A travelogue

24 – 28 February 2014 This 5-day trip was decided on a spur of the moment when a window of opportunity opened up for three of us to travel together. We took Tigerair Mandala on a budget with accommodation at … Continue reading

Posted in Travelogue