S’pore faces tricky Sino-US balancing act
“Malaysia faces tricky Sino-US balancing act”* was the headline of an ST story on an inside last Friday. Actually the headline should be changed to “S’pore” and put on the front page to commemorate president Xi’s visit. After all, we are a forward base for the US navy in all but name what with “Two US Navy (USN)...
Crying all the way to the bank
Despite a bad year with losses mounting. Or should this be “Laughing all the way to the bank with the investors’ money”? From NYT’s Dealbook BONUS PAY ON WALL STREET LIKELY TO FALL Bonuses in the financial industry this year are expected to fall 5 to 10 percent, Nathaniel Popper reports in DealBook. It will also be...
When the axe falls in the banking industry
Stanchart, Deutche, HSBC and who else will be next to start downsizing in the banking industry facing hard times when the fictitious fraudulent products and practices are driving the banks to their knees? How many bankers and supporting staff in the industry will face the axe? There is this belief that Singapore or Singaporeans...
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