
How Singapore’s currency club fell apart
SINGAPORE, May 7 (Reuters) - Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar. His manager told him nothing could be done because "there was no way to control the market or how people set the...

Expat professionals shift focus away from India: Survey
Delhi (28 Apr) - India's attractiveness among the expat professionals as a potential workplace has taken a major hit in the wake of recent cases of rape incidents and attacks on foreigners, a survey says. The survey, conducted among 2,200 expat professionals, found that 72 per cent of the respondents who were keen to work...

Singapore commissions a second Archer class submarine
(3 May) - A second Archer class submarine that Singapore purchased from the Swedish navy is fully operational. Singapore's Ministry of Defense said the RSS Swordsman was commissioned this week at Changi Naval Base and joins the RSS Archer, which was also purchased from Sweden. "RSS Swordsman, her sister boat RSS Archer, and...
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