TR EMERITUS

People walk past a currency exchange booth in downtown Moscow, Russia, Tuesday, Dec. 2, 2014. The Russian government has for the first time acknowledged that the country will fall into recession next year, battered by the plunge in the price of its oil exports. (AP Photo/Ivan Sekretarev) (December 4, 2014) - The ruble has dropped... 

As I was walking around the area near Clementi MRT station, I noticed a proliferation of licensed moneylenders there. I counted more than 10 such businesses within a 200m radius. This is alarming but not totally unexpected, given the lucrative nature of their business. I am sure we can see a similar pattern in other neighbourhood... 

Reuters/REUTERS - Singapore Airlines What a deal! Over the weekend a computer glitch caused around 900 Singapore Airlines Business Class tickets from Australia to destinations in Europe to be sold at coach prices. The tickets, sold between, Saturday and Monday, were purchased from various online retailers in Australia. The Business...