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Posts Tagged ‘Treasury’

U.S. Treasury Moves Public Websites to Amazon EC2 Cloud

January 11th, 2011 | No Comments

The U.S. Department of the Treasury is moving Treasury.gov, SIGTARP.gov, MyMoney.gov, TIGTA.gov and IRSOversightBoard.treasury.gov to Amazon EC2 as part of the federal government’s shift toward cloud services. – The Department of Treasury has moved its main Website and four other agency
sites to Amazon Web Services, said Smartronix, the systems provider that
handled the migration, on Jan. 10.
The revamped Treasury.gov Website, SIGTARP.gov, MyMoney.gov, TIGTA.gov and
IRSOversightBoard.treasury.gov are al…

CIMB starts Treasury China at Buy, $1.83 target

October 5th, 2010 | No Comments

CIMB starts Treasury China Trust (LG2U.SG) at Buy with $1.83 target price, based on 30% discount to $2.61 RNAV estimate, says Dow jones.

Says business trust is good proxy for China’s recovering commercial property market, especially in Shanghai, which expected to account for almost all of TCT’s rental income for 2013.

DBS, SMU join hands to develop corporate treasury talent

September 30th, 2010 | No Comments

DBS Bank says it will donate $220,000 to the Singapore Management University (SMU) to create a first-of-its-kind course that will help develop corporate treasury talent in a professional field that has grown in demand and sophistication over the years.

DBS’ contribution will enable SMU to develop a specialised corporate treasury elective for undergraduate and postgraduate students, a first in Singapore. Through this elective, aspiring corporate treasurers will be able to enhance their professional knowledge and insights through practical learning. Not only will DBS Treasury and Markets (T&M) practitioners share their industry knowledge, the bank will also open up its dealing room to SMU students and provide internships to them.

DBS to invest $250m on treasury, markets unit: Update

September 23rd, 2010 | No Comments

DBS Group Holdings, Southeast Asia’s biggest bank, plans to spend $250 million over the next five years to expand its treasury and markets business in the region with a focus on China and India.

DBS, which plans to boost the unit’s workforce by about 50% to 600 employees over the same period, will build operations offering yuan-denominated foreign exchange, bonds and client advisory services, Andrew Ng, head of treasury and markets, said in an interview today. The bank also plans to set up debt capital markets operations in India, he said.

DBS to invest $250m in treasury and markets

September 23rd, 2010 | No Comments

DBS (DBSM.SI), Southeast Asia’s biggest bank, said on Thursday it will invest $250 million in its treasury and markets unit over the next five years as it seeks to boost its forex and fixed-income business in China and India.

Andrew Ng, head of DBS treasury and markets, told reporters that he expects more than 55% of the unit’s revenue will come from outside of Singapore by 2013 from 35% now.

SingTel Group Treasury establishes $10 billion guaranteed euro medium term note programme

July 29th, 2010 | No Comments

Singapore Telecommunications says wholly-owned subsidiary, SingTel Group Treasury Pte., today established a $10-billion guaranteed euro medium term note (EMTN) programme. SingTel will guarantee the notes.

Rating agencies Moody’s Investors Service and Standard & Poor’s have assigned ratings of Aa2 and A+ respectively to the EMTN programme, in line with SingTel’s current long term ratings.

The Hongkong and Shanghai Banking Corporation and Morgan Stanley Asia (Singapore) are the arrangers and dealers for the EMTN programme.

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ERP and TMS Solutions Posted By : SudhaniSEO

July 14th, 2010 | No Comments

ERP and TMS Solutions – A leading consulting firm recently confirmed a trend of the benefits investing in treasury technology in Europe and North America. Many companies are interested in learning the added value gained from treasury management systems.

ERP and TMS Solutions Posted By : SudhaniSEO

July 14th, 2010 | No Comments

Treasury Holdings Real Estate – Corporate moves

July 2nd, 2010 | No Comments

Wendy Yao has been appointed CIO wef June 14
Work experience: China chief representative; CIO, Citigroup Property Investors; CIO, Macquarie Bank China

The Giant Banks, Federal Reserve and Treasury Have All Blackmailed America

May 22nd, 2010 | No Comments

As I wrote last October: Congressmen Brad Sherman and Paul Kanjorski and Senator James Inhofe all say that the government warned of martial law if Tarp wasn’t passed. And Rahm Emanuel famously said: Never let a serious crisis go to waste. What I…

CSE Global off 2.5% after treasury stock sale

April 15th, 2010 | No Comments

CSE Global (544.SG) is off 2.5% at $1.16 on big volume, driven by block sale of 35 million treasury shares. Provider of industrial automation services sold shares to raise $38 million to repay bank loans, reduce gearing, according to Dow Jones.

Bad News for America: U.S. CDS Now Wider Than Europe, Treasury Auctions Bomb

March 25th, 2010 | No Comments

Three stories from the Wall Street Journal hint at bad news for the U.S.Michael Casey notes that American CDS traders view the U.S. as riskier than Europe: Something troubling has occurred in the market for default protection on the debt of the world’…

China Pulls the Plug on U.S. Treasuries

February 16th, 2010 | No Comments

You’ve heard that:Senior Chinese military officers have proposed that their country … possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.You know that China is dumping American assets, unless backed by the…

Larry Summers in 2000: “A Healthy Financial System Cannot be Built on the Expectation of Bailouts”

January 2nd, 2010 | No Comments

Simon Johnson points out how hypocritical Summers and Geithner are:Some of the Treasuryâ€™s advice at the time was controversial â€” pressing South Korea to open its capital markets to foreign investors at the height of the crisis â€” but the broad app…

Singapore sells $3.5b of Treasury bills due in April

December 30th, 2009 | No Comments

Singapore’s government sold $3.5 billion of zero coupon Treasury bonds which mature in April 2010, according to data compiled by Bloomberg.

The city-state is expected to grow its economy by 4.%t next year as exports recover and industrial production increases, the Asian Development Bank said in forecasts published Dec. 15.

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Geithner pushes Apec to adopt market-set currencies

November 12th, 2009 | No Comments

US Treasury Secretary Timothy Geithner said Asia-Pacific nations need “market-oriented” currencies that are in line with their economic fundamentals to encourage new sources of growth.

Members of the Asia-Pacific Economic Cooperation group, which make up more than half of the world’s gross domestic product, must focus on strategies to boost private demand as policy-makers start unwinding stimulus measures, Geithner and the finance ministers of Indonesia and Singapore wrote in a Wall Street Journal column distributed by the US Treasury today.

US Treasury official says Taliban better bankrolled than Al Qaeda

October 13th, 2009 | No Comments

A senior official of the US Treasury Department has claimed that the Taliban is better bankrolled than Al Qaeda and relies on a wide range of criminal activities to pay for attacks on U.S. and coalition forces in Afghanistan.
Assistant Secretary for Terrorist Financing David Cohen claimed that the Taliban extorts money from poppy farmers and [...]

Are U.S. Treasury Bond Sales a Ponzi Scheme?

September 19th, 2009 | No Comments

I have heard at least 5 different theories by very smart people about how U.S. treasury bond sales are being faked.I do not have either the background or the inside knowledge to be able to comment on whether any of them are true.(1) PhD professor of ec…

Treasury Admits Economy is Still in Trouble

September 14th, 2009 | No Comments

The perma-bulls say that the economic crisis is over.But a new report from Treasury entitled â€œThe Next Phase of Government Financial Stabilization and Rehabilitation Policiesâ€ indicates that the banks and the financial system will need to remain o…

Are Foreign Purchases of U.S. Treasury Bonds Being Faked?

September 14th, 2009 | No Comments

Everyone knows that the American government is gaming the market for treasury bonds to some extent.For example, the government has itself bought some U.S. Treasuries.Some writers, such as Rob Kirby and Ellen Brown, go much further, alleging that Bern…

Posts Tagged ‘Treasury’

CIMB starts Treasury China at Buy, $1.83 target

DBS, SMU join hands to develop corporate treasury talent

DBS to invest $250m on treasury, markets unit: Update

DBS to invest $250m in treasury and markets

ERP and TMS Solutions Posted By : SudhaniSEO

ERP and TMS Solutions Posted By : SudhaniSEO

Treasury Holdings Real Estate – Corporate moves

The Giant Banks, Federal Reserve and Treasury Have All Blackmailed America

CSE Global off 2.5% after treasury stock sale

Bad News for America: U.S. CDS Now Wider Than Europe, Treasury Auctions Bomb

China Pulls the Plug on U.S. Treasuries

Larry Summers in 2000: “A Healthy Financial System Cannot be Built on the Expectation of Bailouts”

Singapore sells $3.5b of Treasury bills due in April

Geithner pushes Apec to adopt market-set currencies

US Treasury official says Taliban better bankrolled than Al Qaeda

Are U.S. Treasury Bond Sales a Ponzi Scheme?

Treasury Admits Economy is Still in Trouble

Are Foreign Purchases of U.S. Treasury Bonds Being Faked?

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