Category Archives: Regional

The Indian billionaire that founded India’s third-largest lender

Monday 13 November 2023 Source: FT, “Its better to be stupid now than sorry later” Here are the main points: 1. Uday Kotak started the business offering bill discounting, its now India’s 3rd largest private lender. 2. His 26% stake of Kotak Mahindra is worth more than $13bn 3. Share price has underperformed after heContinue reading “The Indian billionaire that founded India’s third-largest lender”

Head of Japanese exchange is trying to raise P/B ratios of TSE stocks

Monday 6th November 2023 Source: FT, “Hiromi Yamaji: The banker turned stock exchange boss rattling Japan’s listed companies“ Main takeaways: 1. JPX boss plans to create a published list of companies that have stated they will make improvements, on 15th Jan 2023. 2. 50% of stocks on the Japanese exchange (TSE) have a price toContinue reading “Head of Japanese exchange is trying to raise P/B ratios of TSE stocks”

Investors appear to be overconfident that inflation will subside and a recession be avoided

Friday 24 February 2023 I believe investors are overconfident in their thinking that inflation is now under control and hence we are likely to see an easing of rates in the next year.  If they turn out to be wrong, we may well see markets reverse the gains they have made by the middle ofContinue reading “Investors appear to be overconfident that inflation will subside and a recession be avoided”

The biggest threat to the financial system: UST Liquidity

Thursday 29 December 2022 This article draws on insights from the FT Film “Fractured markets: the big threats to the financial system“ Summary There are concerns that a policy mistake could lead to a a sell off in the currently illiquid, US Treasury market, similar to that seen in British Gilts in September 2022. WereContinue reading “The biggest threat to the financial system: UST Liquidity”

Latest on China-Taiwan

28 Dec ’22, “Taiwan to bolster military readiness“From 2024, compulsory military service for men will be extended from the current four months to a year and conscripts’ pay will be quadrupled to bring it in line with the minimum wage. This follows two days after Beijing staged the largest air manoeuvres around Taiwan in fourContinue reading “Latest on China-Taiwan”