Special purpose acquisition companies or SPACs are founded with the sole aim of raising money in public markets to acquire an existing company. At this rate, the number of SPACs issued in 2021 will dwarf the record 2020 figure by a factor of five. Wh...

HigherAnother upside manufacturing surprise ... January turned out to be the third consecutive month that Singapore’s industrial production growth surprised on the upside. December growth was revised higher to 16.2% YoY from the initial reading of 14...

Years ago, and I am literally talking decades here, a colleague recommended an article called something like, "Everything you need to know about markets". The key message I took from it was this, the US treasury market accounts for about 80% of the v...

In its fiscal response to the Covid-19 crisis in 2020, we noted that the Singapore government’s support measures were light on stimulus that could be described as environmentally oriented, or put it another way, “Green”. There is, however, clearly a...

A horse walks into a pub... Don't you just love central banks? Knightley's forecasts partly stem from the looming pick up in US inflation due over the middle of 2021, but also the fact that US households are sitting on unprecedented piles of liquid c...

These military manoeuvres occur in the context of recent diplomatic (eg Hong Kong opposition resignation, Taiwan invited to Biden inauguration) and rhetorical jabs (eg Xi Jinping at virtual Davos, Antony Blinken at his secretary of state confirmation...