21 March 2023
Market View: Potential legal action from Credit Suisse’s AT1 bondholders; Impact of banking crisis in the US and Europe on Asia and tightening cycle in China, the Philippines and India; Inflow of funds into Asia and Greater China region; Whether Asia can be seen as a safe haven amid ongoing volatilities; Expectation for Fed’s interest rate decision on Wednesday
Singapore shares opened higher today, after US and Europe equities rose overnight.
The Straits Times Index rose 0.8 per cent in early trade to 3,163.43 points after 73.6 million securities changed hands.
Further abroad, lawyers from Switzerland, the US and UK are talking to a number of Credit Suisse Additional Tier 1 (AT1) bondholders about possible legal action after the takeover by UBS wiped out AT1 bonds. But what can we expect on this front?
On Market View, the Drive Time team posed these questions to Ken Shih, Head of Wealth Management, Greater China, SAXO Markets.
They also spoke about the impact of the banking crisis in the US and Europe on Asia, as well as whether Asia can be seen as a safe haven amid the ongoing volatilities.

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28 November 2022
Market View: US Stock Market, Fundstrat's Tom Lee’s expectations of a December rally, Warren Buffet’s recent buys
US stocks got a boost last week from the latest minutes from the Federal Reserve’s November meeting, where the central bank is looking to hand out smaller rate hikes in the coming months. While economic data out of the US showed the US economy responding to the Fed’s four straight 75 basis point interest rate hikes, is it too early for markets to be optimistic?
Similarly, Fundstrat’s Tom Lee predicted that the S&P 500 could rise another 14 per cent through the end of the year as inflation comes down, setting the stage for a big December rally. But how likely is this?
Back in Asia, Warren Buffet has picked up a US$5 billion stake in semiconductor manufacturer TSMC. But what do market watchers see of his recent buy, and what are the opportunities in the Greater China region?
On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to  Ken Shih, Head of Wealth Management, Greater China at  Saxo Markets.

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