• Mon
  • Sep 1, 2014
  • Updated: 4:03pm

Muddy Waters

Short-seller's NQ Mobile report to 'hurt' IPOs of Chinese firms in US

Short seller Muddy Waters' call to sell shares of Chinese mobile-security service provider NQ Mobile will hinder initial public offerings from the country, private investment banker Needham & Co says.

Saturday, 26 October, 2013, 2:37am

Accounting for flora and fauna gives Southeast Asia growing pains

Auditors and investors in Southeast Asia are pushing back against an accounting standard used to value farm animals, crops and other agricultural produce that they fear will make profits more volatile and raise the risk of corporate skulduggery.

11 Jul 2013 - 2:28pm

Short seller Carson Block targets Standard Chartered on loan risks

Block, who has in recent months targeted Singapore commodity trader Olam International, is turning his focus to Standard Chartered after Olam became more responsive to investors and won increased backing from Singapore sovereign wealth fund Temasek.

14 May 2013 - 3:32am

Carson Block reveals Muddy Waters' secret weapon: the SEC

Muddy Waters, whose analyst reports triggered US$7 billion in losses for mainland Chinese stocks, used an unlikely secret weapon for its research: the public website of the United States Securities and Exchange Commission.

21 Feb 2013 - 6:07am

Olam says banks raised no credit concerns in Temasek talks

Olam International, the commodity trader that Muddy Waters LLC said is in danger of failing, said banks hired to help sell US$1.25 billion in bonds and warrants didn’t raise concerns about its credit position in discussions with shareholder Temasek Holdings.

5 Dec 2012 - 10:53am

Olam International's bond sale only 'delays collapse', says Carson Block

Olam International's planned US$1.25 billion raising will only postpone the likely collapse of the commodity trader, according to Muddy Waters, the research firm led by short-seller Carson Block.

5 Dec 2012 - 3:12am

Rice trader Olam International fights back over Muddy Waters' claims

Olam International, whose shares have fallen 9.5 per cent since short seller Carson Block said it might fail, has sued him for defamation. He responded with a 133-page report that called the commodity trader an emperor with no clothes.

4 Dec 2012 - 3:10am

Short-selling eases as Block loses interest

Carson Block says it's become too difficult to short Chinese equities in the US as bets on stock declines drop by 50 per cent from a year ago.

29 Nov 2012 - 3:46am

Olam turns to courts in battle with Muddy Waters

Singapore commodities trader Olam International took its battle with short-seller Muddy Waters to a Singapore court on Wednesday as it fought off criticisms of its accounting practices and debt levels that have battered its share and bond prices.

22 Nov 2012 - 1:24pm

Accounting questions send shares of commodity trader Olam lower

Olam International slumped the most in six months in Singapore trading after short-seller Carson Block questioned the agricultural commodity trader's accounting methods.

The share fell 7.5 per cent to S$1.61 at the close, the lowest since May 16, while its bonds also fell in Asian trade.

21 Nov 2012 - 1:56am