Outlook for the week
Key economic releases for the week
Last week summary
Primary market activity in Asia hit a new record high. 15 new issues were priced on 15th
October, the highest number of new bonds priced in a single day. This week is also the
second highest weekly volume ever registered for Asia G3 primary markets.
Soilbuild Business Space REIT reported a 16.5 per cent increase in net property income to S$19.7 million for the third quarter to September. The REIT managed to generate a higher net property income as a reversal was made of allowance for doubtful receivables/provision for rent waivers of S$1.5 million as well as lower property taxes.
Timothy covers the US technology sector focusing on hardware companies. Previously a credit analyst, he handled bond analysis and research for the fixed income desk. He has presented seminars for organisations such as SIAS, SPH and IRAS, commentated live market updates for 93.8FM, and authored investment articles for the Business Times newspaper. He graduated with a Bachelor of Commerce in Accounting & Finance from the University of Western Australia.