Singapore’s inflation to peak near 6 pct
Singapore raised its 2011 inflation forecast Thursday as a booming economy and surging global food and energy costs boost prices. Prices will likely rise between 3 and 4 percent this year, one percentage point higher than the previous estimate, the Trade and Industry Ministry said. The government said it expects inflation to...
Singapore Exchange’s ‘Pig in Dress’ Offer for ASX No Sure Thing
Singapore Exchange Ltd. has a “long way to go” in its bid to win approval from Australian regulators and lawmakers for its bid to buy ASX Ltd., the head of New Zealand’s stock exchange said. Mark Weldon, chief executive officer of NZX Ltd., said that a group headed by his exchange withdrew an application last month to...
Egypt military dismantles Mubarak regime
Egypt's new military rulers dismantled ousted strongman Hosni Mubarak's regime on Sunday, dissolving parliament, suspending the constitution and promising a referendum on political reform. While the civilian cabinet met for the first time since Mubarak's downfall, the generals made it clear where authority now lies, issuing...
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