In a speech yesterday, Temasek CEO Ho Ching proudly announced that retail investors would soon be invited to put their money into Temasek.
In the same speech, she admitted that Temasek had lost more than $40 billion in the year to March.
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- This, from HKMEX on Saturday, is the most anodyne “we’ve epically blown up” press release ever jg.sg/o7 12 hours ago
- “Serious financial irregularities” at the HKMEX. Uh, wow: jg.sg/o6 12 hours ago
- Styleguide: it is mandatory to refer to Nathan Tinkler as “embattled” jg.sg/o5 13 hours ago
- Comedy gold from Macro Man: “Charts {don’t} tell the future.” Well, this one does, at least jg.sg/o4 1 day ago
- “CMS caps, as opposed to swaptions, pay a fixed value per rate of change; therefore they do not exhibit negative convexity”. Again, what? 1 day ago
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