
Banks Slow to Revive Singapore Trading Desks After Rate-Fixing Cull
Singapore's business district skyline at dusk. (26 June) Cost pressures and tougher regulation mean banks in Singapore are struggling to replace the 100 traders who left the market during a rate-fixing probe. The world's fourth largest foreign exchange center is still reeling from the crackdown, which has left volumes...

A Bill Allowing More Foreign Workers Stirs a Tech Debate
At a networking meeting in Saratoga, Calif., Joey Doernberg, an unemployed engineer, said his skills are not ideal now. (27 Jun, US) - As the Senate voted on a landmark immigration bill that would let Silicon Valley companies import more foreign engineers, some Americans remain locked in a deeply emotional argument over whether...

ESM Goh: PSI down, I can therefore continue my walkabout
ESM Goh Chok Tong Hot spots down in Sumatra. PSI in moderate range, helped by rain, wind direction change and Indonesian President's directive to his Ministers to put out the many fires. My walkabout in Joo Chiat this afternoon can therefore continue. As the saying goes, when there is a will, there is a way. Thank you, President...
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