Banking on changing attitudes of Asian wealth
Singapore's banking scene is quite different to Switzerland's (Keystone) (19 Dec) - Evrard Bordier, managing partner of the Geneva-based Bordier private bank, tells swissinfo.ch that the industry needs to evolve in Singapore if it is to realise its full potential in the booming Asia-Pacific region. The Singapore private...
SG property developer: SG market is now very tough
Workers clean and maintain the glass canopy of the Ocean Financial Centre in the central business district of Singapore. (Photo: Edgar Su, Reuters) (25 Dec) - Singapore's mid-tier property developers are laying the first stones of their overseas business as domestic sales plunge, land prices climb, and foreign rivals bet high...
STI worst-performing developed market in 2013
(25 Dec) - Schroders Plc and Baring Asset Management Ltd. are avoiding Singapore stocks, the cheapest in Southeast Asia, as slower economic growth in the region and cuts to Federal Reserve stimulus drive capital outflows. The fund managers expect property to lead declines in Singapore amid a real-estate slump and the prospect...
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