The rough with the smooth
With the nature of what I do, extensive travel of the region is a must and a passion. Since the start of 2013 my time has been broadly divided between Singapore, Hong Kong, Korea and Indonesia amongst others, also taking in several countries in Europe and a rare Chinese New Year in the UK. My most recent trip led me to reflect on three topics that are permeating investor thinking, both in Asia and globally.
J.J. Zhang's Winner Take All: This Singapore data can give you an investing edge
Due to Singapore’s central location along shipping trade lines between China and Europe, Africa and Southeast Asia, changes in its import and export industry provide an important marker for growth or decline in other regions.
Is Asia Heading for a Debt Crisis?
Of the many reasons why Asia (outside of Japan) weathered the Great Recession more ably than other parts of the world, one of the most important was the fact that the region never experienced a financial crisis. The banks of Asia generally avoided indulging in the toxic sub-prime securities that tanked some of Wall Street’s most famous institutions. Part of the reason was they could earn real returns in their core business – lending to expanding companies in their high-growth home economies. The banks, too, had also learned a lesson – a painful lesson – from the 1997 Asian financial crisis about the dangers of risky lending and unsustainable debt, and had become more conservative than they had been in the past. Government officials in Asia, as well, tend to take an old-fashioned attitude on budget spending and borrowing (again, outside of Japan), and they, unlike their counterparts in Europe, were able to stimulate their economies without undercutting their solvency. Now, however, ...
Virgin Finally Hooks Up: Why Richard Branson Made a Deal With Delta
Look up flights to London Heathrow from New York City airports on Kayak or Travelocity for departure next week and there appear to be about 400 non-stops daily, with most round trips in the $1,300 to $1,700 range. The number of flights is deceiving, though, and so is idea that there’s that much competition, because most of the departures are code-shares. A British Air flight is the same one offered by American Air and Iberia; Delta, Air France and KLM cohabit another listing, while United teams with Lufthansa. It’s the kind of market cooperation/collusion that has driven Virgin Atlantic founder Sir Richard Branson up the wall for decades. But it’s also the driver behind’s Delta’s $360 million deal to acquire the 49% stake in Virgin Atlantic currently held by Singapore Airlines. Branson, the prankster-in-chief at Virgin Atlantic and myriad other businesses, has railed against BA and American in particular for trying to control competition on the valuable New York-Heathrow route, ...
Singapore Airlines in talks to sell Virgin stake
Singapore Airlines said Monday it is in talks to sell its stake in Virgin Atlantic, a move that could shake up air travel in Asia and Europe.
Found more than 1 month ago on channel CNN Money