On 19 Dec, the US Federal Reserve has again raised the target range of its benchmark interest rate by another 25 basis points with 2.5% at the high end. The move also marked the fourth rate increase of the year by the US central bank. The projection on the number of rate hike in 2019 has also been trimmed to two, signalling a more cautious...

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Citibank has officially announced that there will be revision made to the Citi MaxiGain Account from 2 Jan 2019, finally putting the rumour on upcoming changes to rest. Launched in Feb 2016, this will be the first time that Citibank will be revising the terms for this passive savings account.  This article aims to provide an overview of the upcoming changes and whether the...

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October was a rough ride for global stock markets as they were slammed by a wave of fears about trade wars and higher interest rate. Amidst the chaos, there is always buying opportunities in a sell-off.  I have initiated a small position in Far East Hospitality Trust at $0.595 in Oct. At this entry price, it is trading at 31.27% discount to its NAV/unit...

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