Daily Archives: 2016-06-23

EU referendum in the spotlight, MAS includes RMB into foreign reserve

By Margaret Yang, CMC Markets FX – Sterling has soared to five-month high at 1.4810 ahead of the EU referendum today. Is the market over optimistic? The rally of risk assets over the past few days has also indicated that the market is trying to price in a ‘remain’ vote. According to Bloomberg projections, the probability of a Remain vote …

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Can’t answer these 5 questions? Stay clear of crowdfunding

By Property Soul In barely a week’s time, two crowdfunding projects have gone wrong. Investors grieved for failure to receive the promised returns and to recover their principal sums. An investment scheme that claimed to finance a builder known as Soilwood (listed company Soilbuild Group sound-alike) has stopped paying the guaranteed 4 to 6 percent quarterly return (“Investors cry foul …

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