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Top News this Week (29 May)
By Financial Horse  •  May 29, 2022
Rounding up top investing articles from around the web, including articles shared in our Facebook Group and Reddit Community: r/SingaporeInvestments. Astrea 7 Bonds Balloting Results! – Nobody wants Class B at 6% yield? (FH) To sum it up, the:
  • Astrea 7 Class A-1 Bonds was 3.1 times subscribed
  • Astrea 7 Class B Bonds was 1.3 times subscribed
Escalating chicken prices in Malaysia tip of iceberg that is overall food inflation (Straits Times) Rising prices for chicken amid a shortage in Malaysia is just the tip of the iceberg as the country battles a surge in consumer food prices due to global food insecurity. Apart from chicken, the supply of fish in the country has also fallen 70 per cent, dropping from a million tonnes to approximately 300,000 tonnes a month due to uncertain weather over the past two months. MAS orders OCBC to hold additional $330m in regulatory capital over SMS phishing scams (Straits Times)...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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