Category Archives: Financial Management

Austerity Measures on Spending in Forefront again

Singapore’s Real Gross Domestic Products (GDP) grew below 3.0% in year 2008, 2009, 2012, 2014 and 2015. For the past three years, GDP growth rates were 3.0%, 3.7% and 3.1% respectively. As for this year 2019, the Ministry of Trade … Continue reading

Posted in Economics, Financial Management | Tagged ,

Complacency and Exuberance are Flashpoints for Downturn

During the last Global Financial Crisis of 2007-2009, the sudden collapse of the US sub-prime mortgage triggered the lost of confidence in the global financial system. During the Asian Financial Crisis of 1997-98, the sudden devaluation of Thai Baht sparked … Continue reading

Posted in Financial Management

Using trade tariffs during the Presidency of Donald Trump

Since Donald Trump took office as the President of the United States of America in 2017, his administration has been using trade restrictions and tariffs as the preferred way to conduct diplomatic relationships with other nations, notably China, Mexico, Canada, … Continue reading

Posted in Financial Management

No hope of recovery, permanent impairment of stocks

I started buying and selling Singapore equities and bonds quoted on the Singapore Exchange (SGX) since 2008. Dividends and interests (coupons) were received and I took some profits (or losses) on sale of some of these equities and bonds. My … Continue reading

Posted in Financial Management

Interest rates for latest Singapore Savings Bonds Dropped to 2.01%

Singapore Savings Bonds (SSB) was introduced to the financial markets in 2015. The latest issue of SSB for August 2019 only offers average interest rate of 2.01% per annum if the bond is held to maturity. This was the lowest … Continue reading

Posted in Financial Management

Asian stocks rose on back of truce between US and China

29 June Saturday, both Presidents Donald Trump and Xi Jinping agreed to continue to negotiate a trade deal that was stalled. No new additional trade tariffs on China exports to US were on the cards during this period. The world … Continue reading

Posted in Financial Management

Stock Indices at halfway mark

2019 had been volatile for stock indices so far. In May 2019, there was a sell-off of stocks. The stock markets recovered in June 2019 in anticipation of a good outcome of trade talk between President Trump and President Xi … Continue reading

Posted in Financial Management