News
RBS Trader Placed on Leave Amid Rate-Setting Probe
online.wsj.com
[Wall Street Journal] - By MARTIN VAUGHAN. SINGAPORE—The Royal Bank of Scotland has placed a Singapore-based foreign-exchange trader on leave, and people familiar with the move said it was connected to a probe into the bank's role in setting daily reference rates for
Google News: Singapore Fin Min: Private Equity Interest in Southeast Asia Growing
[NASDAQ] - By Martin Vaughan. SINGAPORE--Singapore's finance minister said Thursday that private equity firms are growing more attuned to opportunities in Southeast Asia. "During the first phase of private equity in Asia, it was very much a China-India game
Banks Opt Out in Swap Row
online.wsj.com
[Wall Street Journal] - By MARTIN VAUGHAN And KATY BURNE. Two large banks in Asia and Europe said they won't register with U.S. regulators to trade complex derivatives with U.S.-based financial companies, amid controversy over a proposed rule tied to the Dodd-Frank
Singapore stands pat despite Q3 GDP contraction
www.marketwatch.com
[MarketWatch] - By Martin Vaughan. -- Singapore central bank holds policy steady, keeps local dollar on same appreciation path. -- Singapore economy shrinks 1.5% in 3Q from the previous quarter. -- Economy avoids a technical recession as 2Q GDP revised upward
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