IMF: S’pore need to narrow its huge surplus further
(14 Nov) - Singapore needs to narrow its huge current account surplus further and the International Monetary Fund supports the government's plans to raise public spending on infrastructure and social services, the IMF said on Thursday. "Singapore's external position appears to be stronger than warranted by fundamentals, suggesting...
$5 million worth of ‘bitcoin’ vanish in China
George Frey - Getty Images - AFP (13 Oct) - A Chinese bitcoin trading platform suddenly shut down and up to $5 million worth of bitcoin disappeared with it, a reminder of the great risk associated with the digital currency. Users were unable to log into the Chinese bitcoin platform Global Bond Limited (GBL) on October 26, and...
India’s top cop under fire for ‘enjoy rape’ remark
(13 Nov) - One of India's most senior policemen has been forced to apologise after comparing rape to unlicensed betting which, because it cannot be prevented, should be enjoyed. Ranjit Sinha, who leads the Central Bureau of Investigation in India, made the remarks during a discussion at a conference on Tuesday night. India is...
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