DBS’ 2014 net profit rises to record SGD 4.05 billion
Media Statement SINGAPORE, HONG KONG, CHINA, INDIA, INDONESIA, TAIWAN, 10 February 2015 DBS Group’s net profit rose to a record SGD 4.05 billion for full-year 2014, crossing the SGD 4 billion mark for the first time. Excluding one-time items of SGD 198 million, net profit increased 10% to SGD 3.85 billion. Total income grew...
Man linked to 1MDB bought 2 apts in SG for $54m
(29 Apr) - Business magnate Low Taek Jho purchased two upscale apartments in Singapore including a triplex penthouse for S$54 million (RM154 million) to add to his luxury property portfolio, the Business Times (BT) reported. The Singaporean business daily said Low bought the apartments in 2013, based on transactions involving...
What happens if a country can’t pay its debts?
theguardian.com - by Phillip Inman - 25 April 2015 The standoff between a leftwing government and the financial powers of the EU is near to breaking point. What if the worst happens? A woman walks past Greek flags for sale in central Athen. Greece is running perilously short of cash. Photograph: Petros Giannakouris/AP On Friday,...
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