Posted on January 5, 2010 - by Martin Lee
2009 in Review
Another year has passed us by and it’s time to recap some major events that has happened both locally and globally in the past year.
1) Barack Obama gets inaugurated in January as the 44th president of the United States in the middle of one of the worse financial crisis in the world. He goes on to win the Nobel peace price in October.
2) Temasek Holdings announces in February that its CEO, Ho Ching, will step down and replaced by Charles ‘Chip’ Goodyear. This appointment was subsequently cancelled in July. Temasek also issued Singapore dollar denominated bonds for the first time.
3) Global stock markets bottomed in March and went on a massive recovery rally for the rest of the year. Sentiment improved significantly with investors no longer pricing in “depression” levels for risk assets. Read more…
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