Bond trader jobs

- A + A (June 30): Valuations are starting to turn attractive for South Korea bonds amid signs the market has overpriced how much the most hawkish central bank in emerging Asia may raise rates. Won forward rates are pricing in about 125 basis points of hikes over the next six months, far above economists’ forecasts for how much the Bank of Korea will move. This points to an improving environment for won bonds, the biggest loser among emerging-Asia’s sovereign debt this quarter as inflation quickened to a 14-year high and bets on rate increases jumped. Increased flows into Korean debt may help ease pressures on the won, which last week reached a 13-year low. The country is vulnerable to soaring imports exacerbated by a weak currency. It also means that Korean bonds may start to diverge from other emerging markets in Asia, where the risk of interest-rate swaps and yields moving higher is clouding the outlook. “We see value in Korean government bonds, as the market … [Read more...] about Bond traders bet market has swung too far on Korea rate hikes

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A ALL eyes are on RHB Banking Group’s newly minted group managing director (MD) and group CEO Mohd Rashid Mohamad as he steers the fourth-largest banking group by assets forward in a tough operating landscape. “It’s very challenging, especially now in a fast-changing market environment, and as we face potential risks such as geopolitical and inflationary,” acknowledges Rashid in his first exclusive interview as group MD/CEO. Competition has intensified, given new entrants into the market, which are not just new banks but also technology companies that compete for the same pie. Rashid adds that this has partly affected the profitability of the industry, along with many other factors. He notes that banks globally no longer see “high ROEs” as before. For RHB Bank Bhd, its return on equity (ROE) in the past 10 financial years hit a high of 13.4% in FY2012 before … [Read more...] about Cover Story: RHB’s Game Plan in ‘fast-changing’ new normal

Share to Twitter Share to Linkedin Approximately two-thirds of autistic individuals are looking for a job . Autistic people tend to have lower employment rates, and the pandemic has only exacerbated the issue. The unemployment rate for people with disabilities is almost twice the national average . "Today, more than 80% of autistic people are unemployed or are in a low-skill level role that doesn't fully leverage their talent," says David Friedman, Founder/CEO of AutonomyWorks. "High unemployment rates significantly impact these individuals' lives and usually result in inadequate financial resources and limited housing or educational options. These conditions force many autistic adults to rely on government programs or families for basic necessities. Beyond the economic costs, they damage their self-image and a sense of purpose." While not widely known, the autism community is an untapped resource of diverse talent. The real challenge is connecting the … [Read more...] about How Autistic Individuals Can Offer Special Skills To Your Business

This Oscars season, jewelry startup Dannijo will likely play a starring role. Spotted on models like Brooklyn Decker and actress Jessica Alba, the brand has become a big name among the celebrity set and trendy fashionistas. Not bad for a company that started from a childhood love for jewelry making. Read on for the story of how the founders went from playing around with wire to building a thriving business. (And check out more stories in our Built From Passion series.) Where the Idea Came From It all started in the mid-1980s when sisters Danielle and Jodie Snyder were growing up in Jacksonville, Florida. The story goes that Danielle and her older sister would sneak into their cardiologist father's "glorified dopp kit" to play with his surgical tools. "He had a lot of clamps, things you can use to hold arteries or veins," Danielle says. They also worked equally well for fashioning homemade jewelry. Over time, the girls taught themselves to do wirework and a passion for … [Read more...] about The Accessories Startup Hollywood Loves

Bloomberg filepix for illustration purpose only - A + A HONG KONG (June 30): In 1996, the year before Hong Kong’s historic return to Chinese rule, two property tycoons from the British colony — Lee Shau Kee and Li Ka-shing — broke into the list of the world’s top 10 richest people for the first time. A quarter century later, that exclusive club no longer features anyone from the city, showing how the territory has failed to keep up with creating wealth. Despite being touted as one of the world’s freest markets, Hong Kong has barely seen any new homegrown billionaires reach the world’s top 500 in the past 25 years, barring a handful, including a son of Li’s and some mainland entrepreneurs with local citizenship running businesses outside Hong Kong. The reason, in part, is due to the special role real estate has continued to play in Hong Kong’s US$368 billion economy. Under a colonial-era policy, the government for decades has relied heavily on land auctions to … [Read more...] about Hong Kong’s broken billionaire factory shows city losing step