MishTalk
JANUARY 15, 2014
Singapore’s booming finance and real estate-focused economy has earned it the moniker “The Switzerland of Asia”, and finance professionals from all over the world are flocking to work there to take refuge from the hard-hit financial sectors in their home countries. dollar-Singapore dollar exchange rate.
MishTalk
DECEMBER 26, 2014
While the benchmark deposit rate was officially lowered from 3.00% to 2.75%, the upper limit that banks can pay for deposits remained unchanged at 3.30%. It may seem strange to have both a benchmark rate and a “floating range” that establishes a cap, instead of just setting a cap, as was the case until very recently.
MishTalk
JULY 11, 2014
Investors’ attraction to riskier credit also spawned greater issuance in assets such as payment-in-kind notes and mortgage real estate investment trusts (mREITs). Financing problems of non-financial corporations in EMEs can also feed into the banking system. Restoring sustainable global growth poses significant challenges.
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