SINGAPORE

• Gone: The $500 million dollar dream
• The new action plan for our reserves
• Matching long-term returns with long-term plans
• At least 20 Merrill staff here let go
• MAS allows 3 local banks to retain auditor beyond five years

ASIA

• Quadruple bank deposit insurance?
• ASIA: No red cards for now
• Johor: Many jobs here for those retrenched in Singapore
• Asean jobless rate to rise

WORLD

• Where has the cash gone?
• Recession 'likely' in Britain
• Already feeling the crunch
• US: Losing streak sees precious few signs of recovery
• EUROPE: Clubs score own goals with debts