- Kim Jong-Chol, the second son of Team America: World Police star Kim Jong-il, was spotted on Monday night at an Eric Clapton concert right here in Singapore. In related news, Robert Mugabe is currently in Singapore for cataract surgery. Mugabe’s here; Kim’s kids are here; all these famous people coming to Singapore! See, Singapore really is cool!
- One of the highlights of Singapore’s enormous Gardens by the Bay project will be an enormous 1.2-hectare, 40-metre-high dome (three acres and 130 feet in the old money) which will be chilled to 17°C (62°F in the old money) to allow olives, tulips and grape vines to grow inside.
The first bottles of Chateau Singapour will presumably be coming in 2012, and will cost $10,000 each if you want them signed by Lee Kuan Yew (five hundred bazillion American pesos in the old money).
The Onion, meanwhile, sues for copyright infringement.
USDCNY is at an “appropriate” level, says PBOC vice governor Yi Gang (does that mean he governs vice?). Also:
The official Xinhua news agency cited Yi as saying that China’s current exchange rate regime, namely a managed floating system with reference to a basket of currencies, is the “best choice” for China.
Translation: “importing the Fed’s super-loose monetary policy into an economy already growing at 8% p.a. is ‘the best choice for China’, also we at the PBOC are doing vast quantities of hallucinogens in our policy meetings. YOU GUYS THE WALLS ARE MELTING”.
- Exit Through The Gift Shop is up for an Oscar this year, and Banksy has launched an unorthodox “For Your Consideration” campaign to promote it. Dude, just buy a full-page ad in Variety like everyone else.
- And JRE keeps you entertained all weekend with the world’s most famous former head of FX trading:
Email Joshjosh (at) josh dot sg
Josh’s Tweetshttps://t.co/WNpxlp7HPI@benbernanke cuts the discount rate, Asia FX recovers from its puke, and I go for LOLc… https://t.co/Ncud8Tsve9