SG wealthy stung as crude rout sinks bonds
Storage tanks stand on Jurong Island, viewed from Keppel Corp.'s FELS shipyard, in Singapore. While the city-state doesn’t have natural oil and gas reserves, it’s one of the world’s three biggest oil refining centers and has become Asia’s largest trading hub for the fuel. (Nov 28, 2014) - Singapore’s wealthiest...
GIC to buy Blackstone’s IndCor Properties for $8.1B
An old warehouse being restored stands near the Brooklyn Bridge in the Brooklyn borough of New York, U.S. GIC, Singapore’s sovereign wealth fund, is buying warehouses across the U.S. as demand for industrial space climbs from web retailers and other customers. (2 Dec) - Singapore’s GIC Pte agreed to buy IndCor Properties...
India’s ‘superbugs’ pose real threats to the world
(3 Dec) - A deadly epidemic that could have global implications is quietly sweeping India, and among its many victims are tens of thousands of newborns dying because once-miraculous cures no longer work. These infants are born with bacterial infections that are resistant to most known antibiotics, and more than 58,000 died last...
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