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Posts Tagged 'Banks'

Singapore’s Temasek doubles profit, fears contagion

According to Yahoo!News: SINGAPORE (Reuters) – Singapore wealth fund Temasek warned of further contagion from the global credit crisis after it doubled its full-year profit by selling billions of dollars of assets. The fund, which poured more than $5 billion into Merrill Lynch in December, said it saw value in the banking industry, despite the [...]

27 August 2008 at 00:33 - Comments
Anonymous
For more detailed discussions on these important topics, see:Singapore Kopitiamhttp://forums.delphiforums.com/sunkopitiam/messages/
27 August 08 at 18:33

Singaporean Man uses dud cheques to scam bank of $2.1million

AsiaOne News: YOU could say he was a bank robber with a difference. Instead of a gun, he hit banks with just a simple plan. And it made him $2.1 million richer – until the law caught up with him. Quah Lai Meng, 33, was working in a handphone shop when he noticed what he [...]

31 July 2008 at 14:29 - Comments

Singapore banks say Fannie, Freddie exposure immaterial…Is it true?

Reuters: “Our exposure to Fannie Mae and Freddie Mac is not material,” a United Overseas Bank spokeswoman said in a statement. No. 1 bank DBS also said earlier its exposure to the two mortgage firms overall was immaterial. “…$49 million of the CDOs contain 3 percent exposure to Fannie Mae and Freddie Mac,” OCBC said [...]

16 July 2008 at 11:34 - Comments
jimmoo
Let's be thrifty on electricity FROM a young age, I've always thought of myself as being an environmentally ...
17 July 08 at 01:27
jimmoo
Let's be thrifty on electricity FROM a young age, I've always thought of myself as being an environmentally ...
17 July 08 at 09:27