S’pore ready to assist in global currency rigging probe
MAS's probe marks the latest development in a global crackdown on rate-rigging.(25 Oct) - Singapore's central bank said it was ready to assist in investigations into alleged manipulation of foreign exchange rates, potentially widening a probe in the $5.3 trillion-a-day FX market that already involves authorities in the United...
SG firm barred from US contracts over bribery case
Glenn Defense Marine Asia Ltd (22 Oct) - A Singapore-based company involved in a U.S. Navy bribery scandal has been barred from doing business with the federal government and has had nine Navy contracts worth $205 million terminated for cause, a Navy official said on Monday. Glenn Defense Marine Asia Ltd and its chief executive,...
How does a country like Singapore become rich?
How does a country become rich? How does a country become rich? (21 Oct) - Singapore is one of only a handful of countries to have managed it in the past half century. A colonial outpost now has the third highest average income in the world. How did it do it? And why are social tensions now showing? It may surprise you to know...
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