SG challenged as LNG trade hub by liquidity lack
LNG Tanker (1 Nov) - Singapore’s drive to become an Asian hub for buying and selling liquefied natural gas will be constrained by stagnant volumes in the spot market, which traders say may not expand anytime soon. The city-state, which opened its first LNG terminal in May, plans to award import licenses to as many as two suppliers...
JPMorgan’s hiring practices in India, SG under scrutiny
(2 Nov) - The US authorities are believed to be scrutinising the hiring practices of banking giant JP Morgan Chase in India, South Korea and Singapore following a probe into its activities in China regarding hiring children of powerful officials to win lucrative business deals. A report in the New York Time said that the federal...
Dirty money: Will Singapore clean up its act?
Singapore has become an increasingly popular haven for money laundering and tax evasion. But now it faces calls for reform and a difficult dilemma: Can it be both a home for fortune hunters and a bastion of integrity? (1 Nov) - A yellowish-brown fog has settled in the urban canyons of Singapore's financial district. From a skyscraper...
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