With effect from 1st January 2012, the Monetary Authority of Singapore (MAS) will require all financial institutions to ascertain whether their clients possess the necessary knowledge or experience
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- Month: December 2011
"We wish you well", Euro
“We wish you well”, that is what British Prime Minister Cameron said during European Summit last week, when he is the only one refusing to agree the new
Where Is Property Price Heading To?
Singaporeans just have this obsession about “investing” in property. In January this year, Singapore government has already pushed hard to curb property speculation.  Unfortunately, the public never got the message and
Singapore Government Introduced Additional Stamp Duty to Curb Property Price
The government has introduced additional buyer’s stamp duty for private residential properties. With effect from today, foreigners and corporate entities purchasing private residential properties in Singapore would have
15 European Countries at the Mercy of S&P, the all time Celebrity
I wonder if it has become an obsession or fun game for Standard & Poor’s to make their downgrades at the worst possible time. The rating company, which
Another Potential Crisis Outside Eurozone
On Wednesday,The European Central Bank, U.S. Federal Reserve, the Bank of England and the central banks of Canada, Japan and Switzerland took coordinated action to ease the strains