On the wires: SM Line IPO, the Koreans are coming – another ZIM?
With fresh cash burning a hole in its pockets, it’s going to need partners
Quick and dirty: if you ever had a chance to be squeezed between the world of trade and finance, whichever sector you covered, you are well aware they are totally different and separate fields in so many ways.
The guys who know their market, usually the smart executives, often lack the financial savvy of the analysts, while the sell-side research often struggles to understand the inner mechanics that characterise trade. This generally holds true regardless of the sector in question.
So when UBS released ...