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ocbc buyers fight back from the shortists

ocbc is many 55 years old
Dividend Stocks:

• Some investors focus on dividend-paying stocks
• Investors choose to put their money in Certificates of Deposit (CDs) and Treasury Bills (T-Bills) for various reasons, and each investment option offers distinct advantages. Here are some reasons why investors opt for CDs and T-Bills:

  Certificates of Deposit (CDs):

• Safety and Security:
  • CDs are considered low-risk investments because they are typically issued by banks and are often insured by the Federal Deposit Insurance Corporation (FDIC) in the United States. This provides a level of security for the invested capital.
• Predictable Returns:
  • CDs offer a fixed interest rate for a specific term, providing investors with predictability in terms of returns. This is particularly attractive for conservative investors seeking stable and guaranteed income.
• Liquidity Options:
  • While CDs generally have a fixed term, some CDs offer liquidity options, allowing investors to withdraw funds before maturity, albeit with potential penalties. This flexibility appeals to investors who want a degree of access to their funds.
• Diversification in a Portfolio:
  • Investors often use CDs to diversify their portfolios. By allocating a portion of their investments to fixed-income securities like CDs, they can balance risk and potentially enhance overall portfolio stability.
• Short to Medium-Term Horizon:
  • CDs are available in various terms, ranging from a few months to several years. Investors with a specific time horizon in mind may find CDs suitable for short to medium-term financial goals.

Treasury Bills (T-Bills):

1. Government Backing:
   • T-Bills are issued by the government and are considered one of the safest investments available. Investors trust the creditworthiness of the government, making T-Bills a highly secure option.
2. Liquidity:
   • T-Bills are highly liquid securities, traded on the secondary market. Investors can buy and sell T-Bills easily, making them a preferred choice for those who value liquidity and want the ability to access their funds quickly.
3. Diversification:
   • Similar to CDs, T-Bills offer a way to diversify an investment portfolio. They provide a stable source of income and can act as a hedge against market volatility.
4. Risk-Free Rate of Return:
   • T-Bills offer a risk-free rate of return because they are backed by the full faith and credit of the government. This can be attractive to investors who prioritize capital preservation and are willing to accept a lower return in exchange for safety.
5. Short-Term Investment Horizon:
   • T-Bills typically have short maturities, ranging from a few days to one year. This makes them suitable for investors with a short-term investment horizon or those looking for a safe haven for their funds temporarily.

Both CDs and T-Bills are conservative investment options, and the choice between them often depends on individual financial goals, risk tolerance, and the desired investment horizon. Investors looking for safety, capital preservation, and predictable returns may find these instruments attractive components of a diversified investment strategy.
 

chartiskao      ( Date: 25-Jan-2024 15:59) Posted: https://www.dividends.sg/view/o39 Achieving equity returns higher than 5% is a common goal for investors. The actual returns can vary based on the investment strategy, risk tolerance, market conditions, and the specific assets in which you invest. https://www.sgx.com/research-education/market-updates/20201110-performance-highlights-singapore-focused-etfs chartiskao      ( Date: 23-Jan-2024 14:05) Posted: https://www.youtube.com/watch?v=4BtqElO1OX4 https://voices.ilo.org/podcast/the-rise-of-ai-in-china--digital-technologies-and-their-regulation plus https://www.indiatoday.in/india/video/our-ram-lalla-wont-stay-in-a-tent-anymore-pm-modi-after-grand-temple-opening-2492012-2024-01-22   will Asean suffer and hit by US 12x rate hikes?

 

chartiskao      ( Date: 23-Jan-2024 14:05) Posted: https://www.youtube.com/watch?v=4BtqElO1OX4 https://voices.ilo.org/podcast/the-rise-of-ai-in-china--digital-technologies-and-their-regulation plus https://www.indiatoday.in/india/video/our-ram-lalla-wont-stay-in-a-tent-anymore-pm-modi-after-grand-temple-opening-2492012-2024-01-22   will Asean suffer and hit by US 12x rate hikes? chartiskao      ( Date: 23-Jan-2024 13:50) Posted: https://www.bot.or.th/en/our-roles/special-measures/Tom-Yum-Kung-lesson.html https://www.youtube.com/watch?v=vIv8vLToH8I https://www.axios.com/2023/03/24/how-too-big-to-fail-banks-became-a-symbol-of-safety

 

chartiskao      ( Date: 23-Jan-2024 13:50) Posted: https://www.bot.or.th/en/our-roles/special-measures/Tom-Yum-Kung-lesson.html https://www.youtube.com/watch?v=vIv8vLToH8I https://www.axios.com/2023/03/24/how-too-big-to-fail-banks-became-a-symbol-of-safety chartiskao      ( Date: 23-Jan-2024 13:44) Posted: if you think that developers, tech firms and reits and bitcoins more important than the three banks than you are wrong a business that is deeply ingrained in an economy to the extent that its failure could have disastrous consequences is a major national or international bank. Banks play a critical role in the functioning of modern economies by facilitating transactions, providing loans, and supporting various financial activities. If a significant and influential bank were to face a sudden and severe failure, it could have a domino effect on the entire economy. Here' s how such a situation might unfold: Financial System Impact: Banks are interconnected through various financial instruments and transactions. If a major bank were to fail, it could trigger a loss of confidence in the financial system. Other banks may become hesitant to lend to each other, leading to a freeze in interbank lending markets. Credit Crunch: Banks are essential for providing credit to businesses and individuals. A major bank failure could result in a credit crunch, making it difficult for businesses to access the capital they need to operate and expand. This, in turn, could lead to a slowdown in economic activity. Consumer and Business Confidence: The failure of a major bank could erode confidence among consumers and businesses. This loss of confidence may lead to a decrease in spending, investment, and overall economic activity as people and businesses become more cautious about their financial decisions. Unemployment and Economic Downturn: A significant economic downturn could result from reduced consumer spending, business investment, and overall economic activity. As businesses struggle to access credit and face financial challenges, they may cut costs by laying off employees, contributing to a rise in unemployment. Government Intervention: In response to the potential collapse of a major bank and its widespread impact on the economy, governments may be forced to intervene. This could involve injecting public funds into the failing bank to stabilize it or implementing broader economic stimulus measures to counteract the negative effects on the economy. An example of this scenario is the global financial crisis of 2008, where the failure of major financial institutions had severe consequences on the global economy, leading to a recession and triggering widespread government interventions to stabilize financial markets. the reserve will be behind them if attacks again like 1998 As of 2022, the total size of the reserves has been estimated to be over S$2.2 trillion (2023) (US$1.64 trillion), based on publicly available data from GIC, Temasek, MAS, and CPF, among others.

 

chartiskao      ( Date: 23-Jan-2024 13:44) Posted: if you think that developers, tech firms and reits and bitcoins more important than the three banks than you are wrong a business that is deeply ingrained in an economy to the extent that its failure could have disastrous consequences is a major national or international bank. Banks play a critical role in the functioning of modern economies by facilitating transactions, providing loans, and supporting various financial activities. If a significant and influential bank were to face a sudden and severe failure, it could have a domino effect on the entire economy. Here' s how such a situation might unfold: Financial System Impact: Banks are interconnected through various financial instruments and transactions. If a major bank were to fail, it could trigger a loss of confidence in the financial system. Other banks may become hesitant to lend to each other, leading to a freeze in interbank lending markets. Credit Crunch: Banks are essential for providing credit to businesses and individuals. A major bank failure could result in a credit crunch, making it difficult for businesses to access the capital they need to operate and expand. This, in turn, could lead to a slowdown in economic activity. Consumer and Business Confidence: The failure of a major bank could erode confidence among consumers and businesses. This loss of confidence may lead to a decrease in spending, investment, and overall economic activity as people and businesses become more cautious about their financial decisions. Unemployment and Economic Downturn: A significant economic downturn could result from reduced consumer spending, business investment, and overall economic activity. As businesses struggle to access credit and face financial challenges, they may cut costs by laying off employees, contributing to a rise in unemployment. Government Intervention: In response to the potential collapse of a major bank and its widespread impact on the economy, governments may be forced to intervene. This could involve injecting public funds into the failing bank to stabilize it or implementing broader economic stimulus measures to counteract the negative effects on the economy. An example of this scenario is the global financial crisis of 2008, where the failure of major financial institutions had severe consequences on the global economy, leading to a recession and triggering widespread government interventions to stabilize financial markets. the reserve will be behind them if attacks again like 1998 As of 2022, the total size of the reserves has been estimated to be over S$2.2 trillion (2023) (US$1.64 trillion), based on publicly available data from GIC, Temasek, MAS, and CPF, among others.   chartiskao      ( Date: 23-Jan-2024 09:14) Posted: Investors and traders often make bets on interest rate movements, including speculating on rate cuts by central banks. While these bets can be profitable if the anticipated rate cut occurs, there are several situations where a rate cut bet can go wrong: No Rate Cut or Unexpected Rate Hike: If the central bank decides not to cut interest rates or, worse, unexpectedly raises rates, it can result in losses for those who were betting on a rate cut. Less Aggressive Rate Cut Than Expected: Even if a rate cut occurs, if it is less aggressive than what the market had priced in, it might not be sufficient to meet the expectations of investors. In such cases, markets might react negatively, leading to losses for those who positioned themselves for a larger rate cut. Economic Data Contradicting Expectations: Economic indicators play a crucial role in central bank decisions. If economic data, such as inflation or employment figures, contradicts the market' s expectations and suggests that a rate cut might not be imminent or necessary, it can lead to losses for those who were speculating on a cut. Forward Guidance and Communication: Central banks often provide forward guidance through official statements and press conferences. If the guidance suggests a more hawkish stance or a willingness to keep rates steady, it can catch investors off guard, resulting in losses for those who positioned for a rate cut. Market Overreaction: Sometimes, markets might overreact to news or events, leading to sharp and unexpected movements. Even if a rate cut occurs, if the market' s reaction is exaggerated or if there is a swift reversal, traders can incur losses. Global Macroeconomic Factors: Changes in global economic conditions, geopolitical events, or other macroeconomic factors can influence central bank decisions. If global conditions shift unexpectedly, it can impact the likelihood of a rate cut and lead to losses for those who made bets based on different assumptions. Timing Issues: < > Timing is crucial in financial markets. If a trader' s timing is off and the rate cut occurs after the expiration of options or other derivative instruments, it can result in losses. https://www.investing.com/rates-bonds/u.s.-10-year-bond-yield

 

if you think that developers, tech firms and reits and bitcoins more important than the three banks than you are wrong
a business that is deeply ingrained in an economy to the extent that its failure could have disastrous consequences is a major national or international bank. Banks play a critical role in the functioning of modern economies by facilitating transactions, providing loans, and supporting various financial activities.
If a significant and influential bank were to face a sudden and severe failure, it could have a domino effect on the entire economy. Here' s how such a situation might unfold:

1. Financial System Impact: Banks are interconnected through various financial instruments and transactions. If a major bank were to fail, it could trigger a loss of confidence in the financial system. Other banks may become hesitant to lend to each other, leading to a freeze in interbank lending markets.
2. Credit Crunch: Banks are essential for providing credit to businesses and individuals. A major bank failure could result in a credit crunch, making it difficult for businesses to access the capital they need to operate and expand. This, in turn, could lead to a slowdown in economic activity.
3. Consumer and Business Confidence: The failure of a major bank could erode confidence among consumers and businesses. This loss of confidence may lead to a decrease in spending, investment, and overall economic activity as people and businesses become more cautious about their financial decisions.
4. Unemployment and Economic Downturn: A significant economic downturn could result from reduced consumer spending, business investment, and overall economic activity. As businesses struggle to access credit and face financial challenges, they may cut costs by laying off employees, contributing to a rise in unemployment.
5. Government Intervention: In response to the potential collapse of a major bank and its widespread impact on the economy, governments may be forced to intervene. This could involve injecting public funds into the failing bank to stabilize it or implementing broader economic stimulus measures to counteract the negative effects on the economy.

An example of this scenario is the global financial crisis of 2008, where the failure of major financial institutions had severe consequences on the global economy, leading to a recession and triggering widespread government interventions to stabilize financial markets.
the reserve will be behind them if attacks again like 1998
As of 2022, the total size of the reserves has been estimated to be over S$2.2 trillion (2023) (US$1.64 trillion), based on publicly available data from GIC, Temasek, MAS, and CPF, among others.
 

chartiskao      ( Date: 23-Jan-2024 09:14) Posted: Investors and traders often make bets on interest rate movements, including speculating on rate cuts by central banks. While these bets can be profitable if the anticipated rate cut occurs, there are several situations where a rate cut bet can go wrong: No Rate Cut or Unexpected Rate Hike: If the central bank decides not to cut interest rates or, worse, unexpectedly raises rates, it can result in losses for those who were betting on a rate cut. Less Aggressive Rate Cut Than Expected: Even if a rate cut occurs, if it is less aggressive than what the market had priced in, it might not be sufficient to meet the expectations of investors. In such cases, markets might react negatively, leading to losses for those who positioned themselves for a larger rate cut. Economic Data Contradicting Expectations: Economic indicators play a crucial role in central bank decisions. If economic data, such as inflation or employment figures, contradicts the market' s expectations and suggests that a rate cut might not be imminent or necessary, it can lead to losses for those who were speculating on a cut. Forward Guidance and Communication: Central banks often provide forward guidance through official statements and press conferences. If the guidance suggests a more hawkish stance or a willingness to keep rates steady, it can catch investors off guard, resulting in losses for those who positioned for a rate cut. Market Overreaction: Sometimes, markets might overreact to news or events, leading to sharp and unexpected movements. Even if a rate cut occurs, if the market' s reaction is exaggerated or if there is a swift reversal, traders can incur losses. Global Macroeconomic Factors: Changes in global economic conditions, geopolitical events, or other macroeconomic factors can influence central bank decisions. If global conditions shift unexpectedly, it can impact the likelihood of a rate cut and lead to losses for those who made bets based on different assumptions. Timing Issues: < > Timing is crucial in financial markets. If a trader' s timing is off and the rate cut occurs after the expiration of options or other derivative instruments, it can result in losses. https://www.investing.com/rates-bonds/u.s.-10-year-bond-yield chartiskao      ( Date: 19-Jan-2024 16:55) Posted: The assets in money-market funds are staggering,&rdquo said Randy Gwirtzman, a portfolio manager at Baron Capital. &ldquo All that dry powder is on the sidelines and waiting to invest.&rdquo   &lsquo It&rsquo s hard to pass up CDs over 5.5%, particularly for seven months,&rsquo says Elizabeth Cathcart. Photo: Elizabeth Cathcart Elizabeth Cathcart, 26, works in corporate finance at an investment firm in Denver. She says the math of homeownership has risen so much that without an aggressive investment strategy, it will be unattainable.  &ldquo It&rsquo s hard to pass up CDs over 5.5%, particularly for seven months. That&rsquo s not a bad deal,&rdquo said Cathcart. &ldquo But 12 months or longer, I don&rsquo t want to lock away cash for that long. I&rsquo m young, I want to take more risk.&rdquo Expectations for cash to pour into the market once rates fall may prove overly optimistic, however. Money-market funds raked in cash during previous Fed-tightening cycles but didn&rsquo t hemorrhage it when the central bank began to ease. Assets retreated from their peaks, but still plateaued at much higher levels.   Investors also tend to tap money markets during periods of market stress, not necessarily when yields are higher. Assets in money funds peaked at nearly half of the overall money supply in 2008. There was a similar spike in 2001, the aftermath of the dot-com bubble. Francisco Pena, 30, a data scientist in New York City, said he is using short-term Treasurys, CDs and I bonds as a temporary home for his money. He is saving for a down payment with his husband. &ldquo I didn&rsquo t want my cash sitting in a bank account, losing real purchasing power&mdash especially with inflation on the rise,&rdquo said Pena. If rates fell substantially, he would stick with a high-yield savings account to keep his cash at the ready. Francisco Pena says he is using short-term Treasurys, CDs and I bonds as a temporary home for his money. Photo: Francisco Pena There is some debate over how much of the assets in cash-like products should be thought of as investments, with potential to enter other parts of the market, versus as bank deposits to be saved or spent later on. Total deposits at U.S. lenders have fallen to $17.4 trillion from a peak of $18.2 trillion since the Fed began tightening policy in early 2022. The path of interest rates will affect how much money is pulled from fixed-income products. In the past, rate cuts have often been large and rapid, aimed at stemming a crisis. Wall Street foresees a smoother glide path this time around, with rates ending up much higher than near zero, where they sat for years. Traders&rsquo base case is for the federal-funds rate to remain above 3% in the coming years. Fed officials expect the benchmark rate to decline to 2.9% by the end of 2026. Mark Wiggins, 27, a management consultant living in Miami Beach, Fla., is currently stashing 17% of his income in a high-interest savings account earning 4.4%. Another 13% goes into his 401(k). When rates were lower, he would invest a percentage of his paycheck directly into stocks and crypto. He is planning to invest a significant chunk of his savings.  &ldquo If rates fall below 3.5%, I would probably cut the amount I&rsquo m putting into my savings and instead direct deposit to my investment brokerage or crypto,&rdquo he said.

 

Investors and traders often make bets on interest rate movements, including speculating on rate cuts by central banks. While these bets can be profitable if the anticipated rate cut occurs, there are several situations where a rate cut bet can go wrong:

1. No Rate Cut or Unexpected Rate Hike:
   • If the central bank decides not to cut interest rates or, worse, unexpectedly raises rates, it can result in losses for those who were betting on a rate cut.
2. Less Aggressive Rate Cut Than Expected:
   • Even if a rate cut occurs, if it is less aggressive than what the market had priced in, it might not be sufficient to meet the expectations of investors. In such cases, markets might react negatively, leading to losses for those who positioned themselves for a larger rate cut.
3. Economic Data Contradicting Expectations:
   • Economic indicators play a crucial role in central bank decisions. If economic data, such as inflation or employment figures, contradicts the market' s expectations and suggests that a rate cut might not be imminent or necessary, it can lead to losses for those who were speculating on a cut.
4. Forward Guidance and Communication:
   • Central banks often provide forward guidance through official statements and press conferences. If the guidance suggests a more hawkish stance or a willingness to keep rates steady, it can catch investors off guard, resulting in losses for those who positioned for a rate cut.
5. Market Overreaction:
   • Sometimes, markets might overreact to news or events, leading to sharp and unexpected movements. Even if a rate cut occurs, if the market' s reaction is exaggerated or if there is a swift reversal, traders can incur losses.
6. Global Macroeconomic Factors:
   • Changes in global economic conditions, geopolitical events, or other macroeconomic factors can influence central bank decisions. If global conditions shift unexpectedly, it can impact the likelihood of a rate cut and lead to losses for those who made bets based on different assumptions.
7. Timing Issues:
   < > Timing is crucial in financial markets. If a trader' s timing is off and the rate cut occurs after the expiration of options or other derivative instruments, it can result in losses.
   https://www.investing.com/rates-bonds/u.s.-10-year-bond-yield

chartiskao      ( Date: 19-Jan-2024 16:55) Posted: The assets in money-market funds are staggering,&rdquo said Randy Gwirtzman, a portfolio manager at Baron Capital. &ldquo All that dry powder is on the sidelines and waiting to invest.&rdquo   &lsquo It&rsquo s hard to pass up CDs over 5.5%, particularly for seven months,&rsquo says Elizabeth Cathcart. Photo: Elizabeth Cathcart Elizabeth Cathcart, 26, works in corporate finance at an investment firm in Denver. She says the math of homeownership has risen so much that without an aggressive investment strategy, it will be unattainable.  &ldquo It&rsquo s hard to pass up CDs over 5.5%, particularly for seven months. That&rsquo s not a bad deal,&rdquo said Cathcart. &ldquo But 12 months or longer, I don&rsquo t want to lock away cash for that long. I&rsquo m young, I want to take more risk.&rdquo Expectations for cash to pour into the market once rates fall may prove overly optimistic, however. Money-market funds raked in cash during previous Fed-tightening cycles but didn&rsquo t hemorrhage it when the central bank began to ease. Assets retreated from their peaks, but still plateaued at much higher levels.   Investors also tend to tap money markets during periods of market stress, not necessarily when yields are higher. Assets in money funds peaked at nearly half of the overall money supply in 2008. There was a similar spike in 2001, the aftermath of the dot-com bubble. Francisco Pena, 30, a data scientist in New York City, said he is using short-term Treasurys, CDs and I bonds as a temporary home for his money. He is saving for a down payment with his husband. &ldquo I didn&rsquo t want my cash sitting in a bank account, losing real purchasing power&mdash especially with inflation on the rise,&rdquo said Pena. If rates fell substantially, he would stick with a high-yield savings account to keep his cash at the ready. Francisco Pena says he is using short-term Treasurys, CDs and I bonds as a temporary home for his money. Photo: Francisco Pena There is some debate over how much of the assets in cash-like products should be thought of as investments, with potential to enter other parts of the market, versus as bank deposits to be saved or spent later on. Total deposits at U.S. lenders have fallen to $17.4 trillion from a peak of $18.2 trillion since the Fed began tightening policy in early 2022. The path of interest rates will affect how much money is pulled from fixed-income products. In the past, rate cuts have often been large and rapid, aimed at stemming a crisis. Wall Street foresees a smoother glide path this time around, with rates ending up much higher than near zero, where they sat for years. Traders&rsquo base case is for the federal-funds rate to remain above 3% in the coming years. Fed officials expect the benchmark rate to decline to 2.9% by the end of 2026. Mark Wiggins, 27, a management consultant living in Miami Beach, Fla., is currently stashing 17% of his income in a high-interest savings account earning 4.4%. Another 13% goes into his 401(k). When rates were lower, he would invest a percentage of his paycheck directly into stocks and crypto. He is planning to invest a significant chunk of his savings.  &ldquo If rates fall below 3.5%, I would probably cut the amount I&rsquo m putting into my savings and instead direct deposit to my investment brokerage or crypto,&rdquo he said.   chartiskao      ( Date: 19-Jan-2024 16:53) Posted: Bond Yields: Bond yields have declined from their peaks. This could indicate a trend where the returns on bonds, which move inversely to bond prices, have decreased. Wall Street Rates: Despite the decline in bond yields, rates offered on Wall Street remain high relative to recent history. This suggests that there is still a significant return potential in certain financial instruments or investments on Wall Street. Cash Flow towards Money-Market Funds: Due to the high rates on Wall Street, cash is being attracted towards money-market funds. Money-market funds are considered relatively low-risk, providing investors with a safe place to park their cash. Stocks Valuation: Stocks are described as still looking expensive. This implies that the stock market may be overvalued, making it less attractive to investors, especially those seeking better value for their money. Preference for CDs over Stocks: The statement suggests that, given the high rates on Wall Street and the perceived expensiveness of stocks, some investors may find rates on Certificates of Deposit (CDs) more appealing. CDs are fixed-term deposits offered by banks with predetermined interest rates. Market Dynamics: The overall sentiment appears cautious, with a suggestion that some investors may be adopting a more conservative approach by favoring fixed-income investments like CDs over the potentially volatile stock market. Short-Term Perspective: The mention of " for now" implies that this situation may be temporary, and market conditions could change in the future.

 

The assets in money-market funds are staggering,&rdquo said Randy Gwirtzman, a portfolio manager at Baron Capital. &ldquo All that dry powder is on the sidelines and waiting to invest.&rdquo   &lsquo It&rsquo s hard to pass up CDs over 5.5%, particularly for seven months,&rsquo says Elizabeth Cathcart. Photo: Elizabeth Cathcart
Elizabeth Cathcart, 26, works in corporate finance at an investment firm in Denver. She says the math of homeownership has risen so much that without an aggressive investment strategy, it will be unattainable. 
&ldquo It&rsquo s hard to pass up CDs over 5.5%, particularly for seven months. That&rsquo s not a bad deal,&rdquo said Cathcart. &ldquo But 12 months or longer, I don&rsquo t want to lock away cash for that long. I&rsquo m young, I want to take more risk.&rdquo
Expectations for cash to pour into the market once rates fall may prove overly optimistic, however. Money-market funds raked in cash during previous Fed-tightening cycles but didn&rsquo t hemorrhage it when the central bank began to ease. Assets retreated from their peaks, but still plateaued at much higher levels. Investors also tend to tap money markets during periods of market stress, not necessarily when yields are higher. Assets in money funds peaked at nearly half of the overall money supply in 2008. There was a similar spike in 2001, the aftermath of the dot-com bubble.
Francisco Pena, 30, a data scientist in New York City, said he is using short-term Treasurys, CDs and I bonds as a temporary home for his money. He is saving for a down payment with his husband.
&ldquo I didn&rsquo t want my cash sitting in a bank account, losing real purchasing power&mdash especially with inflation on the rise,&rdquo said Pena. If rates fell substantially, he would stick with a high-yield savings account to keep his cash at the ready. Francisco Pena says he is using short-term Treasurys, CDs and I bonds as a temporary home for his money. Photo: Francisco Pena
There is some debate over how much of the assets in cash-like products should be thought of as investments, with potential to enter other parts of the market, versus as bank deposits to be saved or spent later on. Total deposits at U.S. lenders have fallen to $17.4 trillion from a peak of $18.2 trillion since the Fed began tightening policy in early 2022.
The path of interest rates will affect how much money is pulled from fixed-income products. In the past, rate cuts have often been large and rapid, aimed at stemming a crisis. Wall Street foresees a smoother glide path this time around, with rates ending up much higher than near zero, where they sat for years. Traders&rsquo base case is for the federal-funds rate to remain above 3% in the coming years. Fed officials expect the benchmark rate to decline to 2.9% by the end of 2026.
Mark Wiggins, 27, a management consultant living in Miami Beach, Fla., is currently stashing 17% of his income in a high-interest savings account earning 4.4%. Another 13% goes into his 401(k). When rates were lower, he would invest a percentage of his paycheck directly into stocks and crypto. He is planning to invest a significant chunk of his savings. 
&ldquo If rates fall below 3.5%, I would probably cut the amount I&rsquo m putting into my savings and instead direct deposit to my investment brokerage or crypto,&rdquo he said.
 

chartiskao      ( Date: 19-Jan-2024 16:53) Posted: Bond Yields: Bond yields have declined from their peaks. This could indicate a trend where the returns on bonds, which move inversely to bond prices, have decreased. Wall Street Rates: Despite the decline in bond yields, rates offered on Wall Street remain high relative to recent history. This suggests that there is still a significant return potential in certain financial instruments or investments on Wall Street. Cash Flow towards Money-Market Funds: Due to the high rates on Wall Street, cash is being attracted towards money-market funds. Money-market funds are considered relatively low-risk, providing investors with a safe place to park their cash. Stocks Valuation: Stocks are described as still looking expensive. This implies that the stock market may be overvalued, making it less attractive to investors, especially those seeking better value for their money. Preference for CDs over Stocks: The statement suggests that, given the high rates on Wall Street and the perceived expensiveness of stocks, some investors may find rates on Certificates of Deposit (CDs) more appealing. CDs are fixed-term deposits offered by banks with predetermined interest rates. Market Dynamics: The overall sentiment appears cautious, with a suggestion that some investors may be adopting a more conservative approach by favoring fixed-income investments like CDs over the potentially volatile stock market. Short-Term Perspective: The mention of " for now" implies that this situation may be temporary, and market conditions could change in the future. chartiskao      ( Date: 19-Jan-2024 11:25) Posted: family ' sowned bank become country' s bank if we go into The term " socialist" refers to someone who advocates for or supports the principles of socialism, an economic and political system that aims to achieve a more equitable distribution of wealth and power. Socialism can take various forms, and there is no single definition that encompasses all its variations. However, common elements often include collective or government ownership of the means of production, distribution, and exchange. Socialists generally believe in reducing economic inequality, addressing social injustices, and ensuring that essential goods and services are accessible to all members of society. The degree to which socialism is implemented can vary, ranging from democratic socialism, which combines elements of socialism with a democratic political system, to more authoritarian forms of socialism. It' s important to note that socialism is a diverse and evolving ideology, and individuals who identify as socialists may have different perspectives on specific policies and the extent to which they advocate for government intervention in the economy. Socialism has been a significant political and economic force globally, and its interpretation and application have varied across different countries and historical contexts.

 

1. Bond Yields:
   • Bond yields have declined from their peaks. This could indicate a trend where the returns on bonds, which move inversely to bond prices, have decreased.
2. Wall Street Rates:
   • Despite the decline in bond yields, rates offered on Wall Street remain high relative to recent history. This suggests that there is still a significant return potential in certain financial instruments or investments on Wall Street.
3. Cash Flow towards Money-Market Funds:
   • Due to the high rates on Wall Street, cash is being attracted towards money-market funds. Money-market funds are considered relatively low-risk, providing investors with a safe place to park their cash.
4. Stocks Valuation:
   • Stocks are described as still looking expensive. This implies that the stock market may be overvalued, making it less attractive to investors, especially those seeking better value for their money.
5. Preference for CDs over Stocks:
   • The statement suggests that, given the high rates on Wall Street and the perceived expensiveness of stocks, some investors may find rates on Certificates of Deposit (CDs) more appealing. CDs are fixed-term deposits offered by banks with predetermined interest rates.
6. Market Dynamics:
   • The overall sentiment appears cautious, with a suggestion that some investors may be adopting a more conservative approach by favoring fixed-income investments like CDs over the potentially volatile stock market.
7. Short-Term Perspective:
   • The mention of " for now" implies that this situation may be temporary, and market conditions could change in the future.

chartiskao      ( Date: 19-Jan-2024 11:25) Posted: family ' sowned bank become country' s bank if we go into The term " socialist" refers to someone who advocates for or supports the principles of socialism, an economic and political system that aims to achieve a more equitable distribution of wealth and power. Socialism can take various forms, and there is no single definition that encompasses all its variations. However, common elements often include collective or government ownership of the means of production, distribution, and exchange. Socialists generally believe in reducing economic inequality, addressing social injustices, and ensuring that essential goods and services are accessible to all members of society. The degree to which socialism is implemented can vary, ranging from democratic socialism, which combines elements of socialism with a democratic political system, to more authoritarian forms of socialism. It' s important to note that socialism is a diverse and evolving ideology, and individuals who identify as socialists may have different perspectives on specific policies and the extent to which they advocate for government intervention in the economy. Socialism has been a significant political and economic force globally, and its interpretation and application have varied across different countries and historical contexts.   chartiskao      ( Date: 17-Jan-2024 11:51) Posted: https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=1LMYMJEFF73HFNBI   the bank will use your FD money to buy its share to earn https://www.dividends.sg/view/o39

 

family ' sowned bank become country' s bank if we go into
The term " socialist" refers to someone who advocates for or supports the principles of socialism, an economic and political system that aims to achieve a more equitable distribution of wealth and power. Socialism can take various forms, and there is no single definition that encompasses all its variations. However, common elements often include collective or government ownership of the means of production, distribution, and exchange.
Socialists generally believe in reducing economic inequality, addressing social injustices, and ensuring that essential goods and services are accessible to all members of society. The degree to which socialism is implemented can vary, ranging from democratic socialism, which combines elements of socialism with a democratic political system, to more authoritarian forms of socialism.
It' s important to note that socialism is a diverse and evolving ideology, and individuals who identify as socialists may have different perspectives on specific policies and the extent to which they advocate for government intervention in the economy. Socialism has been a significant political and economic force globally, and its interpretation and application have varied across different countries and historical contexts.
 

chartiskao      ( Date: 17-Jan-2024 11:51) Posted: https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=1LMYMJEFF73HFNBI   the bank will use your FD money to buy its share to earn https://www.dividends.sg/view/o39 Rammerjammer      ( Date: 16-Jan-2024 11:42) Posted: Sitting on FD and looking at the market bleed....LO

 

Rammerjammer      ( Date: 16-Jan-2024 11:42) Posted: Sitting on FD and looking at the market bleed....LOL Rammerjammer      ( Date: 10-Jan-2024 15:28) Posted: They are here not to let you make more money.  LOL...This type of market holding on to FD can beat 80% of investors.

 

Sitting on FD and looking at the market bleed....LOL

Rammerjammer      ( Date: 10-Jan-2024 15:28) Posted: They are here not to let you make more money.  LOL...This type of market holding on to FD can beat 80% of investors.

 

before 2008 when the US,china and EU had not started their money printing activities the price of sg property is very cheap and interest rates in sg is also around 2.3% so it is very affordable to borrow money at 2.23% interest as long you get a job  and you can also easi ly rent out your rooms to cover your mortgage at this low interest and low price of only $44 psf

chartiskao      ( Date: 15-Jan-2024 15:26) Posted: he main characteristics of a financial hub include: Infrastructure and Connectivity: Advanced and reliable infrastructure, including transportation, communication, and technology, is a key characteristic. Well-developed transportation networks, such as airports, ports, and efficient communication systems, contribute to the smooth functioning of financial activities. Financial Institutions: Presence of a diverse range of financial institutions, including banks, investment firms, insurance companies, and other financial service providers. Major international and domestic financial institutions often have a significant presence in financial hubs. Regulatory Environment: A robust and well-defined regulatory framework that promotes transparency, stability, and investor confidence. A stable legal and regulatory environment is crucial for attracting domestic and international investors. Global Connectivity: A financial hub is globally connected, providing easy access for international investors and businesses. It often serves as a gateway for cross-border transactions and investments. Market Infrastructure: A well-developed financial market infrastructure that includes stock exchanges, commodity markets, and other trading platforms. The presence of liquid and efficient markets is essential for attracting investors. Professional Services: Availability of a wide range of professional services, including legal, accounting, consulting, and other advisory services. These services support the smooth operation of financial transactions and compliance with regulations. Talent Pool: A large and skilled talent pool of professionals in finance, economics, and related fields. A diverse and educated workforce is essential for the efficient functioning of financial services. Innovation and Technology: Embracing innovation and technology is a characteristic of leading financial hubs. The adoption of fintech, blockchain, and other cutting-edge technologies can enhance the efficiency and competitiveness of the financial hub. Cultural and Social Amenities: The presence of cultural and social amenities, including housing, education, healthcare, and recreational facilities, contributes to the overall attractiveness of the location for finance professionals and their families. Political Stability: Political stability is crucial for the confidence of investors. Financial hubs often thrive in regions with stable political environments, as it minimizes the risks associated with sudden policy changes and uncertainties. Tax Environment: A favorable tax environment can attract businesses and investors. Financial hubs may offer competitive tax rates and incentives to promote economic activities. Financial hubs vary in size and scope, with examples including cities like New York, London, Singapore, Hong Kong, and Tokyo. These hubs are essential drivers of economic growth and play a pivotal role in the global financial system.   chartiskao      ( Date: 15-Jan-2024 15:24) Posted: ocbc play a very vital role in sg finacial hub status https://www.straitstimes.com/business/economy/singapore-overtakes-hong-kong-as-asias-top-financial-centre-3rd-in-worl

 

he main characteristics of a financial hub include:

1. Infrastructure and Connectivity:
   • Advanced and reliable infrastructure, including transportation, communication, and technology, is a key characteristic. Well-developed transportation networks, such as airports, ports, and efficient communication systems, contribute to the smooth functioning of financial activities.
2. Financial Institutions:
   • Presence of a diverse range of financial institutions, including banks, investment firms, insurance companies, and other financial service providers. Major international and domestic financial institutions often have a significant presence in financial hubs.
3. Regulatory Environment:
   • A robust and well-defined regulatory framework that promotes transparency, stability, and investor confidence. A stable legal and regulatory environment is crucial for attracting domestic and international investors.
4. Global Connectivity:
   • A financial hub is globally connected, providing easy access for international investors and businesses. It often serves as a gateway for cross-border transactions and investments.
5. Market Infrastructure:
   • A well-developed financial market infrastructure that includes stock exchanges, commodity markets, and other trading platforms. The presence of liquid and efficient markets is essential for attracting investors.
6. Professional Services:
   • Availability of a wide range of professional services, including legal, accounting, consulting, and other advisory services. These services support the smooth operation of financial transactions and compliance with regulations.
7. Talent Pool:
   • A large and skilled talent pool of professionals in finance, economics, and related fields. A diverse and educated workforce is essential for the efficient functioning of financial services.
8. Innovation and Technology:
   • Embracing innovation and technology is a characteristic of leading financial hubs. The adoption of fintech, blockchain, and other cutting-edge technologies can enhance the efficiency and competitiveness of the financial hub.
9. Cultural and Social Amenities:
   • The presence of cultural and social amenities, including housing, education, healthcare, and recreational facilities, contributes to the overall attractiveness of the location for finance professionals and their families.
10. Political Stability:
    • Political stability is crucial for the confidence of investors. Financial hubs often thrive in regions with stable political environments, as it minimizes the risks associated with sudden policy changes and uncertainties.
11. Tax Environment:
    • A favorable tax environment can attract businesses and investors. Financial hubs may offer competitive tax rates and incentives to promote economic activities.

Financial hubs vary in size and scope, with examples including cities like New York, London, Singapore, Hong Kong, and Tokyo. These hubs are essential drivers of economic growth and play a pivotal role in the global financial system.
 

chartiskao      ( Date: 15-Jan-2024 15:24) Posted: ocbc play a very vital role in sg finacial hub status https://www.straitstimes.com/business/economy/singapore-overtakes-hong-kong-as-asias-top-financial-centre-3rd-in-world chartiskao      ( Date: 15-Jan-2024 13:54) Posted: ocbc playing rapid catch up with dbs after  dbs share strong rally since dbs purchased of indian bank in 2021 https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=03ZZ4RGHT0S5TY8Z https://www.marketwatch.com/investing/stock/d05?countrycode=sg https://finance.yahoo.com/quote/O39.SI/chart?p=O39.SI#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-

 

ocbc play a very vital role in sg finacial hub status
https://www.straitstimes.com/business/economy/singapore-overtakes-hong-kong-as-asias-top-financial-centre-3rd-in-world

chartiskao      ( Date: 15-Jan-2024 13:54) Posted: ocbc playing rapid catch up with dbs after  dbs share strong rally since dbs purchased of indian bank in 2021 https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=03ZZ4RGHT0S5TY8Z https://www.marketwatch.com/investing/stock/d05?countrycode=sg https://finance.yahoo.com/quote/O39.SI/chart?p=O39.SI#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- chartiskao      ( Date: 12-Jan-2024 10:42) Posted: the year of doom and gloom in 2000 after 24 years how i survive stick to OCBC when it was down https://www.mas.gov.sg/-/media/mas/resource/about_us/annual_reports/monetary-authority-of-singapore-annual-report-2000-2001.pd

 

ocbc playing rapid catch up with dbs after  dbs share strong rally since dbs purchased of indian bank in 2021

chartiskao      ( Date: 12-Jan-2024 10:42) Posted: the year of doom and gloom in 2000 after 24 years how i survive stick to OCBC when it was down https://www.mas.gov.sg/-/media/mas/resource/about_us/annual_reports/monetary-authority-of-singapore-annual-report-2000-2001.pdf chartiskao      ( Date: 12-Jan-2024 09:22) Posted: those get invsetigated for corruptions can use this &ldquo If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 billion today. That is my personal cost today in my decision to join the government.&rdquo KUALA LUMPUR (Jan 11): Former finance minister Tun Daim Zainuddin said that his decision to join the government from 1984 to 2001 and serve the country came at " a great financial loss" to him and his family. The octogenarian, who led the Council of Eminent Persons under the Pakatan Harapan government in 2018 to 2019, said that roughly one year after he joined  the Cabinet in 1984, he was directed to liquidate his investments in public listed companies and United Malayan Banking Corporation (UMBC). &ldquo At that point, my liquid assets stood at over RM750 million. If I had put that amount into an S& P 500 index fund in 1984, the value today would be over RM42 billion,&rdquo said the former finance minister in his affidavit to support a judicial review application which he, his family and their company Ilham Tower Sdn Bhd had filed challenging the Malaysian Anti-Corruption Commission&rsquo s (MACC) action to freeze their accounts and subject them to investigation. &ldquo If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 billion today. That is my personal cost today in my decision to join the government.  &ldquo As the numbers above show, my decision to join the government and serve my country came at great financial loss to myself and my family,&rdquo said Daim without revealing his current net worth.  A net worth of RM50 billion, which is equivalent to US$10.7 billion based on the current exchange rate, would have made Daim to the top of the country&rsquo s richest persons, based on Forbes&rsquo calculations. Robert Kuok' s net worth is at US$10.4 billion, while banking tycoon Tan Sri Quek Leng Chan is worth US$10 billion.  Daim was appointed as the finance minister in 1984 until he resigned in 1991. He was later appointed as a minister with special functions in 1998, and later reappointed as minister of finance I in 1999. He has not held any public office since his resignation about 22 years ago in May 2001. A lawyer, developer and banker Although he remained elusive regarding his total net worth in the court documents, Daim did refer to his wealth in bits and pieces. According to the court documents, the 85-year-old said that he went into the business field in 1969, and founded property development company  Syarikat Maluri Sdn Bhd along with other shareholders. The company was responsible for developing Taman Maluri and Taman Bukit Maluri in Kuala Lumpur, which cover over one square mile of the capital city. " At today&rsquo s valuation, the land alone would be worth over RM26 billion," he said. He was also the owner of two banks &mdash the Malaysian French Bank, and subsequently UMBC (which is part of RHB Bank Bhd now). " I also had controlling or substantial interests in many public listed companies, such as Sime UEP (now the Sime Darby group), Guthrie, TV3, Maybank, Consplant, Cold Storage and Nestlé Malaysia, to name a few. My 10% stake in Nestlé   Malaysia is today worth approximately RM3 billion," he said. Daim said he was a fairly successful businessman prior to joining the Cabinet in 1984, where his involvement in business was the subject matter of a plethora of books and articles. He stressed that he had always owned assets and properties overseas since the 1970s &mdash through legitimate business activities &mdash long before his foray into politics in the 80s. Before venturing into the business field almost five decades ago, Daim was a lawyer.  He was appointed as the president of the Sessions Court in Muar, Johor, and later joined the Attorney General' s Chambers (AGC) as a deputy public prosecutor. He left the AGC to join private practice, subsequently establishing his own firm, now known as Daim & Gamany, in 1968. Apart from Daim, the other applicants for the judicial review were his wife Toh Puan Na' imah Abdul Khalid, their four children, namely Asnida, Md Wira Dani, Muhammed Amir Zainuddin, Muhammed Amin Zainuddin, as well as the Ilham Tower, which was seized by the MACC last month. They named the anti-corruption agency and the public prosecutor as respondents in the legal action where, among others, they are seeking a declaration that the agency has no reasonable cause to investigate them for an offence under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act  2001. They are also seeking a declaration that any charges brought by the public prosecutor against them would be unconstitutional and void. They claimed that they would not receive a fair trial, following the delay of some 22 years in instituting any charges, which infringes on their right to personal liberty under Article 5 of the Federal Constitution. Following the seizure of the 60-storey tower, the MACC released a statement saying that it opened an investigation paper in February 2023 based on information from the Pandora Papers, referring to the massive leak of millions of documents in 2021 exposing hidden wealth and tax avoidance of the past and present leaders across the globe. Daim in turn had denied any wrongdoing, calling the investigation " nothing short of a political witch-hunt" against him and his family, a stance which he repeated in his affidavit. " I further believe that the MACC and its officers, agents and servants have in their investigation  and conduct against us since February 2023 unreasonably taken into consideration the fact that [Datuk Seri] Anwar Ibrahim, the prime minister of Malaysia since Nov  24, 2022, perceives me as a political foe. Even prior to becoming [the prime minister, he had] insinuated that action would be taken against me once he came into power," Daim said. The application for  leave for the judicial review is set to be heard by High Court judge Datuk Wan Ahmad Farid Wan Salleh next Tuesday (Jan 16). To receive CEO Morning Brief please click  here.

 

the year of doom and gloom in 2000 after 24 years how i survive stick to OCBC when it was down
https://www.mas.gov.sg/-/media/mas/resource/about_us/annual_reports/monetary-authority-of-singapore-annual-report-2000-2001.pdf

chartiskao      ( Date: 12-Jan-2024 09:22) Posted: those get invsetigated for corruptions can use this &ldquo If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 billion today. That is my personal cost today in my decision to join the government.&rdquo KUALA LUMPUR (Jan 11): Former finance minister Tun Daim Zainuddin said that his decision to join the government from 1984 to 2001 and serve the country came at " a great financial loss" to him and his family. The octogenarian, who led the Council of Eminent Persons under the Pakatan Harapan government in 2018 to 2019, said that roughly one year after he joined  the Cabinet in 1984, he was directed to liquidate his investments in public listed companies and United Malayan Banking Corporation (UMBC). &ldquo At that point, my liquid assets stood at over RM750 million. If I had put that amount into an S& P 500 index fund in 1984, the value today would be over RM42 billion,&rdquo said the former finance minister in his affidavit to support a judicial review application which he, his family and their company Ilham Tower Sdn Bhd had filed challenging the Malaysian Anti-Corruption Commission&rsquo s (MACC) action to freeze their accounts and subject them to investigation. &ldquo If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 billion today. That is my personal cost today in my decision to join the government.  &ldquo As the numbers above show, my decision to join the government and serve my country came at great financial loss to myself and my family,&rdquo said Daim without revealing his current net worth.  A net worth of RM50 billion, which is equivalent to US$10.7 billion based on the current exchange rate, would have made Daim to the top of the country&rsquo s richest persons, based on Forbes&rsquo calculations. Robert Kuok' s net worth is at US$10.4 billion, while banking tycoon Tan Sri Quek Leng Chan is worth US$10 billion.  Daim was appointed as the finance minister in 1984 until he resigned in 1991. He was later appointed as a minister with special functions in 1998, and later reappointed as minister of finance I in 1999. He has not held any public office since his resignation about 22 years ago in May 2001. A lawyer, developer and banker Although he remained elusive regarding his total net worth in the court documents, Daim did refer to his wealth in bits and pieces. According to the court documents, the 85-year-old said that he went into the business field in 1969, and founded property development company  Syarikat Maluri Sdn Bhd along with other shareholders. The company was responsible for developing Taman Maluri and Taman Bukit Maluri in Kuala Lumpur, which cover over one square mile of the capital city. " At today&rsquo s valuation, the land alone would be worth over RM26 billion," he said. He was also the owner of two banks &mdash the Malaysian French Bank, and subsequently UMBC (which is part of RHB Bank Bhd now). " I also had controlling or substantial interests in many public listed companies, such as Sime UEP (now the Sime Darby group), Guthrie, TV3, Maybank, Consplant, Cold Storage and Nestlé Malaysia, to name a few. My 10% stake in Nestlé   Malaysia is today worth approximately RM3 billion," he said. Daim said he was a fairly successful businessman prior to joining the Cabinet in 1984, where his involvement in business was the subject matter of a plethora of books and articles. He stressed that he had always owned assets and properties overseas since the 1970s &mdash through legitimate business activities &mdash long before his foray into politics in the 80s. Before venturing into the business field almost five decades ago, Daim was a lawyer.  He was appointed as the president of the Sessions Court in Muar, Johor, and later joined the Attorney General' s Chambers (AGC) as a deputy public prosecutor. He left the AGC to join private practice, subsequently establishing his own firm, now known as Daim & Gamany, in 1968. Apart from Daim, the other applicants for the judicial review were his wife Toh Puan Na' imah Abdul Khalid, their four children, namely Asnida, Md Wira Dani, Muhammed Amir Zainuddin, Muhammed Amin Zainuddin, as well as the Ilham Tower, which was seized by the MACC last month. They named the anti-corruption agency and the public prosecutor as respondents in the legal action where, among others, they are seeking a declaration that the agency has no reasonable cause to investigate them for an offence under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act  2001. They are also seeking a declaration that any charges brought by the public prosecutor against them would be unconstitutional and void. They claimed that they would not receive a fair trial, following the delay of some 22 years in instituting any charges, which infringes on their right to personal liberty under Article 5 of the Federal Constitution. Following the seizure of the 60-storey tower, the MACC released a statement saying that it opened an investigation paper in February 2023 based on information from the Pandora Papers, referring to the massive leak of millions of documents in 2021 exposing hidden wealth and tax avoidance of the past and present leaders across the globe. Daim in turn had denied any wrongdoing, calling the investigation " nothing short of a political witch-hunt" against him and his family, a stance which he repeated in his affidavit. " I further believe that the MACC and its officers, agents and servants have in their investigation  and conduct against us since February 2023 unreasonably taken into consideration the fact that [Datuk Seri] Anwar Ibrahim, the prime minister of Malaysia since Nov  24, 2022, perceives me as a political foe. Even prior to becoming [the prime minister, he had] insinuated that action would be taken against me once he came into power," Daim said. The application for  leave for the judicial review is set to be heard by High Court judge Datuk Wan Ahmad Farid Wan Salleh next Tuesday (Jan 16). To receive CEO Morning Brief please click  here.   chartiskao      ( Date: 12-Jan-2024 09:19) Posted: https://www.bankrate.com/banking/cds/cd-rates/ cd interests 5.5% and lender' s mortgage rate 6.6% difference 1.1% this buyers still able to borrow and buy properties in US

 

those get invsetigated for corruptions can use this

&ldquo If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 billion today. That is my personal cost today in my decision to join the government.&rdquo

KUALA LUMPUR (Jan 11): Former finance minister Tun Daim Zainuddin said that his decision to join the government from 1984 to 2001 and serve the country came at " a great financial loss" to him and his family.
The octogenarian, who led the Council of Eminent Persons under the Pakatan Harapan government in 2018 to 2019, said that roughly one year after he joined  the Cabinet in 1984, he was directed to liquidate his investments in public listed companies and United Malayan Banking Corporation (UMBC).
&ldquo At that point, my liquid assets stood at over RM750 million. If I had put that amount into an S& P 500 index fund in 1984, the value today would be over RM42 billion,&rdquo said the former finance minister in his affidavit to support a judicial review application which he, his family and their company Ilham Tower Sdn Bhd had filed challenging the Malaysian Anti-Corruption Commission&rsquo s (MACC) action to freeze their accounts and subject them to investigation.
&ldquo If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 billion today. That is my personal cost today in my decision to join the government. 
&ldquo As the numbers above show, my decision to join the government and serve my country came at great financial loss to myself and my family,&rdquo said Daim without revealing his current net worth. 
A net worth of RM50 billion, which is equivalent to US$10.7 billion based on the current exchange rate, would have made Daim to the top of the country&rsquo s richest persons, based on Forbes&rsquo calculations. Robert Kuok' s net worth is at US$10.4 billion, while banking tycoon Tan Sri Quek Leng Chan is worth US$10 billion. 
Daim was appointed as the finance minister in 1984 until he resigned in 1991. He was later appointed as a minister with special functions in 1998, and later reappointed as minister of finance I in 1999.
He has not held any public office since his resignation about 22 years ago in May 2001.

A lawyer, developer and banker

Although he remained elusive regarding his total net worth in the court documents, Daim did refer to his wealth in bits and pieces.
According to the court documents, the 85-year-old said that he went into the business field in 1969, and founded property development company  Syarikat Maluri Sdn Bhd along with other shareholders.
The company was responsible for developing Taman Maluri and Taman Bukit Maluri in Kuala Lumpur, which cover over one square mile of the capital city.
" At today&rsquo s valuation, the land alone would be worth over RM26 billion," he said.
He was also the owner of two banks &mdash the Malaysian French Bank, and subsequently UMBC (which is part of RHB Bank Bhd now).
" I also had controlling or substantial interests in many public listed companies, such as Sime UEP (now the Sime Darby group), Guthrie, TV3, Maybank, Consplant, Cold Storage and Nestlé Malaysia, to name a few. My 10% stake in Nestlé   Malaysia is today worth approximately RM3 billion," he said.
Daim said he was a fairly successful businessman prior to joining the Cabinet in 1984, where his involvement in business was the subject matter of a plethora of books and articles.
He stressed that he had always owned assets and properties overseas since the 1970s &mdash through legitimate business activities &mdash long before his foray into politics in the 80s.
Before venturing into the business field almost five decades ago, Daim was a lawyer. 
He was appointed as the president of the Sessions Court in Muar, Johor, and later joined the Attorney General' s Chambers (AGC) as a deputy public prosecutor. He left the AGC to join private practice, subsequently establishing his own firm, now known as Daim & Gamany, in 1968.
Apart from Daim, the other applicants for the judicial review were his wife Toh Puan Na' imah Abdul Khalid, their four children, namely Asnida, Md Wira Dani, Muhammed Amir Zainuddin, Muhammed Amin Zainuddin, as well as the Ilham Tower, which was seized by the MACC last month.
They named the anti-corruption agency and the public prosecutor as respondents in the legal action where, among others, they are seeking a declaration that the agency has no reasonable cause to investigate them for an offence under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act  2001.
They are also seeking a declaration that any charges brought by the public prosecutor against them would be unconstitutional and void. They claimed that they would not receive a fair trial, following the delay of some 22 years in instituting any charges, which infringes on their right to personal liberty under Article 5 of the Federal Constitution.
Following the seizure of the 60-storey tower, the MACC released a statement saying that it opened an investigation paper in February 2023 based on information from the Pandora Papers, referring to the massive leak of millions of documents in 2021 exposing hidden wealth and tax avoidance of the past and present leaders across the globe.
Daim in turn had denied any wrongdoing, calling the investigation " nothing short of a political witch-hunt" against him and his family, a stance which he repeated in his affidavit.
" I further believe that the MACC and its officers, agents and servants have in their investigation  and conduct against us since February 2023 unreasonably taken into consideration the fact that [Datuk Seri] Anwar Ibrahim, the prime minister of Malaysia since Nov  24, 2022, perceives me as a political foe. Even prior to becoming [the prime minister, he had] insinuated that action would be taken against me once he came into power," Daim said.
The application for  leave for the judicial review is set to be heard by High Court judge Datuk Wan Ahmad Farid Wan Salleh next Tuesday (Jan 16).
To receive CEO Morning Brief please click  here.
 

chartiskao      ( Date: 12-Jan-2024 09:19) Posted: https://www.bankrate.com/banking/cds/cd-rates/ cd interests 5.5% and lender' s mortgage rate 6.6% difference 1.1% this buyers still able to borrow and buy properties in US chartiskao      ( Date: 12-Jan-2024 09:12) Posted: https://www.bankrate.com/mortgages/mortgage-rates/#mortgage-industry-insights https://www.bloomberg.com/markets/rates-bonds/government-bonds/us US mortgage rates climb for second straight week, hitting 6.66% MORTGAGE rates in the United States inched up for the second week in a row. The average for a 30-year, fixed loan was 6.66 per cent, up from 6.62 per cent last week, Freddie Mac said on Thursday (Jan 11). Borrowing costs have risen slightly as traders grapple with questions around the Federal Reserve&rsquo s future path. US inflation accelerated in December, tempering expectations about possible rate cuts from the central bank. Federal Reserve Bank of New York president John Williams cautioned that policymakers need more evidence before making cuts. and who will be the next US' s president after 2024?   Published Fri, Jan 12, 2024 · 7:08 am

 

chartiskao      ( Date: 12-Jan-2024 09:12) Posted: https://www.bankrate.com/mortgages/mortgage-rates/#mortgage-industry-insights https://www.bloomberg.com/markets/rates-bonds/government-bonds/us US mortgage rates climb for second straight week, hitting 6.66% MORTGAGE rates in the United States inched up for the second week in a row. The average for a 30-year, fixed loan was 6.66 per cent, up from 6.62 per cent last week, Freddie Mac said on Thursday (Jan 11). Borrowing costs have risen slightly as traders grapple with questions around the Federal Reserve&rsquo s future path. US inflation accelerated in December, tempering expectations about possible rate cuts from the central bank. Federal Reserve Bank of New York president John Williams cautioned that policymakers need more evidence before making cuts. and who will be the next US' s president after 2024?   Published Fri, Jan 12, 2024 · 7:08 am chartiskao      ( Date: 12-Jan-2024 09:06) Posted: https://theedgemalaysia.com/node/697114?utm_source=Newswav& utm_medium=Website   https://www.channelnewsasia.com/singapore/pm-lee-hsien-loong-johor-visit-special-economic-zone-rts-link-ceremony-anwar-4036801   https://www.investing.com/currencies/sgd-myr https://www.investing.com/currencies/usd-sgd   https://data.gov.my/dashboard/interest-rates https://www.bnm.gov.my/interest-rates-volumes

 

chartiskao      ( Date: 12-Jan-2024 09:06) Posted: https://theedgemalaysia.com/node/697114?utm_source=Newswav& utm_medium=Website   https://www.channelnewsasia.com/singapore/pm-lee-hsien-loong-johor-visit-special-economic-zone-rts-link-ceremony-anwar-4036801   https://www.investing.com/currencies/sgd-myr https://www.investing.com/currencies/usd-sgd   https://data.gov.my/dashboard/interest-rates https://www.bnm.gov.my/interest-rates-volumes Joelton      ( Date: 11-Jan-2024 10:30) Posted: OCBC prices S$450 million in 4.05% perpetual capital securities, first callable in 2029   OCBC has priced S$450 million in perpetual capital securities at 4.05 per cent under its US$30 billion global medium-term note programme.   They are first callable in 2029 and are intended to qualify as as OCBC&rsquo s Additional Tier-1 capital, announced the bank on Wednesday (Jan 10).    OCBC will be the sole lead manager and bookrunner for the issue. The bank intends to use the net proceeds for general corporate purposes.   The perps are to be issued on Jan 16, 2024, and listed on the Singapore Exchange the day after.    Holders will receive distributions in arrears and may redeem the perps on the first reset date on Oct 16, 2029, or any distribution payment date falling after the first reset date.   If the perps are not redeemed on the first reset date, the distribution rate will be reset on the first reset date and every five years thereafter.   This will be at a per-annum fixed rate equal to the aggregate of the then-prevailing five-year Singapore Overnight Rate Average Overnight Indexed Swap &ndash and the initial spread of 1.3165 per cent.   The perps are expected to be rated &ldquo Baa-1&rdquo by Moody&rsquo s Investors Service &ldquo BBB-&rdquo by Standard and Poor&rsquo s Rating Services and &ldquo BBB+&rdquo by Fitch Ratings.

 

Joelton      ( Date: 11-Jan-2024 10:30) Posted: OCBC prices S$450 million in 4.05% perpetual capital securities, first callable in 2029   OCBC has priced S$450 million in perpetual capital securities at 4.05 per cent under its US$30 billion global medium-term note programme.   They are first callable in 2029 and are intended to qualify as as OCBC&rsquo s Additional Tier-1 capital, announced the bank on Wednesday (Jan 10).    OCBC will be the sole lead manager and bookrunner for the issue. The bank intends to use the net proceeds for general corporate purposes.   The perps are to be issued on Jan 16, 2024, and listed on the Singapore Exchange the day after.    Holders will receive distributions in arrears and may redeem the perps on the first reset date on Oct 16, 2029, or any distribution payment date falling after the first reset date.   If the perps are not redeemed on the first reset date, the distribution rate will be reset on the first reset date and every five years thereafter.   This will be at a per-annum fixed rate equal to the aggregate of the then-prevailing five-year Singapore Overnight Rate Average Overnight Indexed Swap &ndash and the initial spread of 1.3165 per cent.   The perps are expected to be rated &ldquo Baa-1&rdquo by Moody&rsquo s Investors Service &ldquo BBB-&rdquo by Standard and Poor&rsquo s Rating Services and &ldquo BBB+&rdquo by Fitch Ratings.