TR EMERITUS

Are Singaporeans Xenophobic? Dr Christopher Balding Singapore has been beset by charges and counter-charges of xenophobic attitudes towards foreigners.  A major financial center, regional economic power, and playground for the super wealthy Singapore has carefully crafted its image as foreigner friendly with welcoming immigration... 

Dr Christopher Balding In 2008 during the global financial crisis, United States politicians debated whether bailing out failing banks would set the precedent of ‘privatizing profits and socializing losses’. Economists call this problem “moral hazard” when companies are not forced to recognize their risks and consequently... 

On Wednesday (9 Apr), the Wall Street Journal (WSJ) reported that a top Deutsche Bank saleswoman was placed on leave last month after the German bank found what it regarded as inappropriate communication between her and Singapore's central bank, the Monetary Authority of Singapore (MAS) [Link]. The Deutsche Bank employee, Kai...