
ECB Says 25 Banks Fail Stress Tests
(26 Oct) - Twenty-five eurozone banks flunked financial-health exams designed to measure their ability to withstand another economic crisis, falling short of minimum levels of capital by a total of €24.62 billion ($31.17 billion), the European Central Bank said Sunday. The number of failures, and the depth of the cumulative...

Singapore Still Going Down Budget Route With Tiger
(October 23, 2014) - Singapore Airlines is injecting more cash into Tiger Airways, illustrating its resolve to persevere in the low-cost segment after the budget affiliate bowed out of three regional markets. The flag carrier plans to have Tigerair cooperate more closely with its medium- and long-haul budget airline Scoot, people...

SMRT apologises for ‘human tetris’ jam at Lakeside MRT
Commuters cram onto jam-packed Lakeside MRT platform (Screengrab from video) (Oct 24, 2014) - Train operator SMRT apologised on Thursday for the jam at its Lakeside MRT station after a video of passengers crashing against one another at the top of an escalator went viral. In a statement, Patrick Nathan, SMRT vice president for...
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