
US prosecutors reopen probe on Standard Chartered
(31 Oct) - Standard Chartered Plc (STAN) fell for a fourth consecutive day in London after U.S. prosecutors reopened investigations to determine whether the bank, which entered into a deferred prosecution agreement in 2012, withheld evidence of Iran sanctions violations. The U.S. Justice Department, Manhattan District Attorney...

Tata-Singapore Airlines JV misses take-off deadline
Vistara Airlines (Oct 28, 2014) Vistara, the Tata-Singapore Airlines joint venture, will miss its October deadline to hit the skies, as it is yet to get the mandatory Air Operators Permit (AOP). This is due to “some new developments” cropping up with respect to guidelines of regulator Directorate General...

Tharman: SG’s home prices need to decline further
Singapore’s private home prices fell 0.7 percent in the three months ended September, the fourth quarter-on-quarter drop, bringing the slide in the past year to almost 4 percent. (Oct 29, 2014) - Singapore's longest stretch of property price declines since the global financial crisis may not be enough to prompt the city...
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