Week in Rowe-view

Weak Aussie dollar provides potential value for overseas buyers

The Australian dollar as of late yesterday was buying just short of US$0.64 (cents), the lowest for 20 years. The average annualised exchange rate between the AUD-US dollar was US$0.65 (cents) in 2003 and US$0.54 (cents) the year before that. The weak Aussie dollar isn’t ideal for those people involved in importing goods or those... Read More

A proud man who should be known for his philanthropy as much as his racehorses

Popular US-based agent Marie Yoshida remembers her long-time friend and client, prominent Hong Kong owner Howard Liang, as a proud Chinese man who should be known for his philanthropy as much as the numerous high-class racehorses who sported his yellow and red silks. Educational investor Liang died in Hong Kong on Wednesday after a long... Read More

Industry chiefs meet federal parliamentarians of all persuasions

The importance of Australia’s thoroughbred industry leaders meeting with federal parliamentarians of all persuasions in Canberra this week cannot be understated. Thoroughbred Breeders Australia (TBA), led by Tom Reilly, and breeding industry figures from around the country were at Parliament House for the Parliamentary Friends of Primary Producers event, held for the first time since... Read More

Willie Leung calls for increased diversity in Hong Kong racing

Prominent agent Willie Leung has called for more diversity in the Hong Kong trainers and jockeys’ roster, a move which would provide more choice for owners and lessen the stranglehold at the top of the respective premierships. The Magus Equine principal, who acted for five Hong Kong trainers at Tuesday’s Inglis Ready2Race Sale, also urged... Read More

Who is next in the Godolphin hot seat?

As far as human resource power plays go in the bloodstock industry, Vin Cox joining Yulong was arguably as big as it gets in this part of the world. The head of Godolphin Australia for the past six years, Cox will officially depart the ‘blue army’ on December 1 with Yulong’s bottle green his new... Read More

Clements depature an example of current situation in Singapore

Last Sunday afternoon, this columnist received an unexpected email from a public relations firm with a statement on behalf of the Singapore Turf Club about the departure of Kranji’s champion trainer Michael Clements. Clements, fed up with the inaction of the Turf Club and carrying the weight of his peers on his shoulders with the... Read More