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Closure of wealth manager ipac hits S'pore, HK clients
Unwinding of AXA unit's US$500m portfolio assets may extend into Q2. -BT
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November consumer spending up 6.4% y-o-y
This is even as it registered a slight decline on a month-on-month basis. |
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Singapore's financial institutions prepared for stress scenarios
DPM Tharman Shanmugaratnam said all major FIs passed the most recent stress test conducted.
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SGX Q2 net falls 12%, lowest profit in nearly two years
CEO cautious on outlook, says to keep costs under check. |
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2 in 3 S'pore workers don't save enough
The worst savers are those in the events management, public relations and sales. -AsiaOne
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Property stamp duty netted $10.87 billion over 5 years
This was collected by the govt in property transactions. -myp |
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Singapore tops world's most business-friendly country list
It beat HK, US, to top the list. -Reuters
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Ministry of Finance launches online Budget quiz
Eligible participants can win up to $500. -AsiaOne |
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Budget to focus on long-term strategies
Tharman also sees sub-par growth for at least the next 2 years.
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Hong Kong's richest combined fortune falls by 7.4 %
Property moguls took a beating, but retailers racked up new names. -AsiaOne |
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New Singapore inflation index launched
Index highlights the spectrum of factors that impact the inflation expectations. -AsiaOne
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Julius Baer wins two Asian Private Banker awards
It has been named Best Boutique Private Bank in Asia. -AsiaOne |
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SPH reports Q1 net profit of $97 million
Strong showing from property segment cushioned decline in the newspaper and magazine segment. -AsiaOne
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SGX launches investor education portal
The move is in response to increasing public interest in investment information and education. |
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Singapore attracted $13.7 billion in fixed investments in 2011
The fixed asset investments received last year were at the top end of the government's forecast.
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Hong Konger to be new CEO of OCBC
Mr Samuel Tsien, who is currently the Bank's Global Head of Global Corporate Bank, will become the second Hong Konger to head OCBC. -AsiaOne |
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Hong Kong takes further steps to liberalise yuan market
Rules to allow banks to take on more risks in yuan bets.
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Singapore introduces regulation for rating agencies
Under the new rules, credit rating agencies will have to obtain a Capital Markets Services licence from MAS. |
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Citigroup profit falls 11 per cent, misses Street view
Securities and banking revenue plunges in weak markets. -Reuters
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Singapore equipped to handle global slowdown
President Tony Tan said today that Singapore's workforce and business environment will enable it to cope. |
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OCBC trading site down
This is due to a power outage at its hosting facility.
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2-hour downtime for OCBC trading site due to power outage
Downtime had affected its connection with the Singapore Exchange. |
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Power outage caused OCBC trading site to disconnect from SGX
A power outage at the hosting facility for the OCBC Securities site caused the 2-hour downtime, resulting in OCBC's trading system being disconnected from the Singapore Exchange. -AsiaOne
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Second brokerage affected by power outage
A local news source said Lim & Tan Securities was also affected by the power outage which caused OCBC's trading site to be down for two hours. -AsiaOne |
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Credit Suisse unit sued by 'underage investor' for $900k trading loss
The investor, together with his father, say the bank shouldn't have let him trade when he was only 20 years old.
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Budget hopes and wishes
Business leaders share their views on what they would like to see on February 17. |
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Focus Budget on jobs, productivity in slowdown: firms
They hope for stronger safety nets, help in managing costs, cashflow.
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