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The recent Barclays role in the LIBOR scandal brought a fine of £290 million (S$572.6 million) last week and has already claimed the scalps of chief executive Bob
After two-day Federal Open Market Committee (FOMC) meeting from 20-21 September, FOMC announced that it will sell short maturity (three-years or less) securities to purchase USD 400 billion
SIBOR stands for “Singapore Interbank Offered Rate” and is the rate at which banks lend to one another. Banks normally use it to determine mortgage loan interest. After
When I first started this blog, I wanted to focus on financial products. However, it becomes increasingly frustrating to me how poorly people misunderstand property investment. Many investors
The first Friday of every month is eagerly awaited by financial markets, not for religious reasons, but because the USA releases its unemployment report on that day. Why
FRANKFURT – THE European Central Bank is raising its main interest rate by a quarter of a percentage point to fight inflation despite the debt problems afflicting Portugal,
Recently, there is growing interest in RMB Deposits or Bonds. Investor should pay attention to this new market development but remain cautious and vigilant. if in doubt, please
BEIJING (Dow Jones)–China has decided to raise interest rates for the second time in slightly over two months, signaling the authorities’ resolve to combat rising inflation despite concerns
The days when you could lock in cheap home loan rates for the first year or two seem to be over, now that banks have quietly jacked up rates for
If you have USD in a Singapore bank, what set of rates do you think the bank uses to pay you interest? Is it USD rate? The answer
