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Posts Tagged ‘dollar’

Bank of Moscow selling two-year Singapore dollar bonds: Update

Bank of Moscow is selling its first bonds denominated in Singapore dollars and has hired ING Groep NV and UBS AG to arrange the two-year notes sale.

The Moscow-based bank declined to provide other details, according to a statement e-mailed by its press department today.

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Bank of Moscow says selling Singapore dollar bonds via ING, UBS

Bank of Moscow is selling bonds denominated in Singapore dollars and has hired ING Groep NV and UBS AG to arrange the deal, according to a statement emailed by the bank’s press department.
 
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Bank of Moscow seeks 2-year Singapore dollar bond – IFR

Russia’s Bank of Moscow (MMBM.MM) plans a 2-year bond, denominated in Singapore dollars, IFR reported on Monday.
 
The bank, among Russia’s top-10 in terms of assets, has mandated ING and UBS as joint bookrunners and joint lead managers for the issue, IFR added.
 
It did not specify the planned issue amount, saying the transaction is expected to be launched in the near future.
 
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Settling Prosecutions For Pennies on the Dollar Is a Type of Bailout

The following is an excerpt of my much longer roundup of the many covert ways the government is bailing out the giant banks.Fraud As a Business ModelIf you stop and think for a moment, it is obvious that failing to prosecute fraud is a bailout.Nobel p…

Swiber said to hire DBS for Singapore dollar 3.5-year bond sale

Swiber Holdings hired DBS Group Holdings to help it sell 3 1/2-year bonds denominated in Singapore dollars, according to a person familiar with the matter, who asked not to be identified as details are private.
 
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“Million Dollar Money Drop” Couple Brittany & Gabe Get Second Shot At Fortune

A couple will get another chance to win on a TV game show after they lost $800,000 on a question despite answering it correctly. On last week’s season premiere of the new FOX game show Million Dollar Money Drop, contestants Gabe Okoye and Brittany Mayti were asked: “Which product was sold in stores first: Post-it [...]

Tokyo stocks fall on stronger yen

sensex2Japanese shares were down in Friday morning trading as the yen rose against both the dollar and the euro. The benchmark Nikkei 225 Stock Average lost 73.52 points, or 0.71 percent, to trade at 10,272.96 while the broader Topix index was down 4.60 points, or 0.51 percent to 901.18. A stronger yen makes exported products [...]

Jessica Simpson Holiday Album Flops On Charts As Clothing Empire Nears Billion Dollar Mark

Jessica Simpson has the Midas Touch when it comes to style, but fashion’s future first billionairess’ knack for designing killer handbags didn’t translate to mayjah sales for her recently released holiday album, Happy Christmas. The album, which only received mixed reviews from music critics, opened to an even more lukewarm reception from fans. Despite a [...]

Singapore dollar gains on appreciation bets to curb inflation

Singapore’s dollar rose on speculation the central bank will seek currency gains to temper the fastest inflation in 20 months.

Consumer prices climbed 3.7% in September from a year earlier, the most since January 2009, the government reported on Oct. 25. Inflation may reach 4% in some months of 2010 and 2011, compared with an official forecast of 2.5% to 3% for the year, Ong Chong Tee, deputy managing director of the Monetary Authority of Singapore, said today.

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Ke$ha Explains The Origin Of The Dollar Sign

The comedy geniuses at FunnyOrDie.com present: “Ke$ha: The Story of the $….”

Delong plans first sale of dollar bonds to repay debt

Delong Holdings hired Credit Suisse Group AG to help it organize meetings with investors ahead of an international sale of guaranteed senior notes.

Money raised will be used to redeem 5% convertible bonds due 2012, to repay bank loans and for acquisitions relating to iron ore and other raw materials used by the steel industry, the company said in a statement to Singapore’s stock exchange today.

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How Christine Syquia Started A Million Dollar Fashion Accessories Business

Christine Syquia contacted my about starting a column on Entrepreneurs-Journey. I asked what business experience she brought to the table and she quickly impressed me with her story of starting a million dollar accessories business with her sister, with distribution in some of the largest fashion stores in the USA. I know you’re going to [...]

Has the Dollar ALREADY Lost Its Status As World Reserve Currency?

These are headlines from the past 2 days:Is China’s Renminbi Already The New Reserve Currency?World Bank chief calls for new gold standardChina Downgrades US Again, From AA To A+, Outlook Negative, Sees “Long-Term Recession”, Blasts QE2, Expects Credit…

Corrections: Panera Cares restaurant and Dollar Thrifty

In “Dough Rising” (October 9th) we said that the Panera Cares restaurant in St Louis serves 4,000 customers a day. That is in fact the weekly total.

Also in last week’s issue, in “Drive my car”, we said that Hertz’s shareholders voted against its bid for Dollar Thrifty. In fact it was Dollar Thrifty’s shareholders who voted against the bid. Sorry on both counts. …

Kim Eng said to plan to hire banks for Singapore dollar bonds

Kim Eng Holdings, a Singapore- based stock broking firm, hired DBS Group Holdings and Standard Chartered Plc to help it sell $80 million of notes which mature in October 2011, according to a person familiar with the matter.

The notes, which may price as early as today, will be marketed to yield about 2.25%, the person said, asking not to be identified as details are private.

 
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Swiber said to hire DBS for sale of Singapore dollar bonds

Swiber Holdings, a Singapore-based offshore marine support company, hired DBS Group Holdings to help it sell Singapore dollar bonds, according to a person familiar with the matter.

The three-year notes may price to yield about 5.8% and may be sold as early as today, the person said, asking not to be identified as details are private.

 
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We’re In a Global Currency War … But What Does It Mean?

There is a currency war raging world-wide.Japan, Brazil, Peru and countries all over the world are trying to beggar thy neighbor (just as happened during the 1930s) and gain a leg up for their exports by cheapening their currencies.As the Wall Street J…

Keppel said to market Singapore dollar bonds to yield about 3.1%

Keppel Corp., the world’s largest oil-rig maker, hired DBS Bank and Deutsche Bank AG to help it sell 10-year Singapore dollar-denominated bonds, according to a person familiar with the matter. The notes may price to yield around the 3.1% area, the person said, asking not to be identified as details are private. The sale may be benchmark in size, the person said. Benchmark typically means at least $500 million.

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Chinese yuan rises to new high against dollar

The Chinese currency has risen to a new high against the dollar, as U.S. lawmakers push to get tougher on China for what they say is an undervalued currency.
Since Beijing removed the yuan’s peg to the U.S. dollar in June after pressure from its largest trading partners, the yuan has strengthened only by about one percent.

DBS Bank’s US$1b of dollar bonds rise on first trading day

DBS Group Holdings Ltd.’s US$1 billion ($1.35 billion) of bonds, the biggest dollar issue in three years by Southeast Asia’s largest lender, rose in their first day of trading.

The 2.375% notes, which mature in September 2015, rose to 102 cents on the dollar from their sale price of 99.691 cents as of 9:30 a.m. in Singapore, according to DBS Bank prices.

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