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ASEAN Speaks

Weekly Briefing: AT1s In ASEAN, US Debt Ceiling Crisis, Currency Shields

02 May 2023

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Over the weekend, JP Morgan announced that it will acquire First Republic Bank. And Janet Yellen said that the US Treasury could run out of cash by 1st of June and will have to raise the debt ceiling. We expect the process to be prolonged due to political differences, and expect market choppiness. We also review if the dust has settled for AT1s following Credit Suisse’s write-off last month. 00:31 - Roundup - Chua Hak Bin 03:11 - AT1 bonds - Winson Phoon 05:10 - AT1 & MY banks - Winson Phoon 07:22 - AT1 legal suit - Winson Phoon 08:23 - MY inflation, interest rate - Zamros Dzulkafli 11:52 - US debt ceiling - Saktiandi Supaat 16:36 - Currency shields - Saktiandi Supaat 20:11 - ASEAN picks - Anand Pathmakanthan 23:39 - VN economy - Brian Lee 26:54 - VN banks, property - Quan Trong Thanh 31:17 - PH property - Miguel Sevidal

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