TR EMERITUS

Bloomberg- Jan 23, 2013 Singapore’s inflation rate rose to the highest in three months in December, reducing the central bank’s scope to ease monetary policy to boost growth. The consumer price index rose 4.3 percent from a year earlier, after climbing 3.6 percent in November, the Department of Statistics said in a statement... 

Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries. The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny... 

(AFP, 27 Jan) - Singapore’s ruling party suffered a rebuke on Saturday when it lost a parliamentary by-election despite promising more reforms and massive public spending to appease a restive electorate. The opposition Workers’ Party defeated the People’s Action Party (PAP), which has been in power for more than 50...