|
Singapore - FINANCE (2310 words) |
 | All banks in Singapore were administered by the Monetary Authority of Singapore and were required to hold a statutory minimum cash balance against their deposit and other specified liabilities with the authority. |
| Singapore established the Asian dollar market as the Asian equivalent of the Eurodollar market in 1968 when the local branch of the United States-based Bank of America secured government approval to borrow deposits of nonresidents, mainly in foreign currencies, and use them to finance corporate activities in Asia. |
| A move by the Singapore exchange to a new, spacious location in 1988 brought a transformation in trading methodology, including partial automation of the trading system, which until then had adhered to the traditional outcry auction system. |
| Singapore Exchange not in merger talks with Nasdaq - Boston.com (513 words) |
| The Singapore Exchange on Friday denied speculation it was in talks with Nasdaq Stock Market about a merger but confirmed it was open to tie-ups with others, including other stock exchanges. |
| SINGAPORE (Reuters) - The Singapore Exchange on Friday denied speculation it was in talks with Nasdaq Stock Market about a merger but confirmed it was open to tie-ups with others, including other stock exchanges. |
| Shares in Singapore Exchange, which have risen about 20 percent this week and are 52 percent higher than at the start of the year. |
Feeds |
Contact