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Singapore Exchange declined to comment amidst reports and speculation it is interested in London Metal Exchange.

But it wasn’t enough for Oswald Gruebel to stay, who resigned while UBS’ board of directors met in Singapore.

The process is expected to be completed in around 90 days.

Blame it on higher costs of transport and housing which went up by 12.5% and 9.9%, respectively.

CIMB cuts its FY11-13 earnings estimate for OCBC by 6-8% mainly from insurance and trading-related income.

Now that Moody’s has downgraded the bank with negative outlook, the bank was compelled to issue a statement that it stands by its “ability to fulfill its obligation as a structured warrants guarantor”.

The mobile plan features sharing of bundled data, airtime, and SMSes for family members.

Having large foreign reserves and chronic current account surplus were clearly not enough, says RBS.

“Behind the Scenes@ DBS” initiative underlines the bank’s commitment to identifying and nurturing future leaders.

The exchange to offer new order types that enable investors more flexibility in the execution of their orders.

As it is predicted to become the dominant center for global trade flows over the next 12 months.

This is the largest supply of flats in a single launch, offering a wide array of choices across flat-types in both mature and new towns.

And guess what three countries were picked by Singaporean executives as the most promising markets for growth?

Inflation also remains significantly higher than the historic average despite increasing downside risk to economic growth, says economist.

This is amidst potential knock-on impact on the office rental market.

The bank stressed there's higher probability of sharply slower growth and easier monetary policy in Asia the longer Europe remains in crisis.