
Daily Briefing: Policy easing unlikely as global economy falters; Change sweeps Asian Debt markets
And here are simple Singapore investment ideas.
Despite calls from some economists for the Monetary Authority of Singapore (MAS) to ease monetary policy this October, the latest comments from the central bank appear to indicate that no sudden dovish behavior is on the cards. Read more here.
The recent woes of Hanjin Shipping Co. underscore a sea change blowing through the Asian debt market as companies, lenders, and investors come to grips with a 'new normal' in corporate financing: banks appear less inclined to prop up national champions in oversupplied sectors. That's the conclusion from analysts at HSBC Holdings Plc, who say high private-sector leverage combined with stubborn over-capacity in trade- and commodity-orientated sectors, are propelling Asian banks in mature markets to become more conservative in their lending practices. Find out more here.
Many of us are underwhelmed at the prospect of investment. The terminology appears both unexciting and overly complex for the majority of financial products and services. Moreover, it is easy to get the impression that the best financial products are available only for the mega-rich. On the other hand, these days, interest rates on a regular bank deposit are not expected to rise any time soon from very depressed levels. Read more here.