Posted in Singapore News |
on 17 November 2008Stats: and 22 Comments
ZURICH – Swiss bank UBS AG, under pressure at home to give up on hefty bonus schemes in the face of its poor performance, said on Monday it will introduce a more transparent pay system for top executives. The bank, which is struggling in the sub-prime crisis and whose shares slumped to a new all-time [...]
| Posted in Singapore News |
on 16 November 2008Stats: and 3 Comments
Dubai rental market on the rise Concern about the credit crunch has created a movement in the Dubai property market away from sales towards rentals, according to industry experts. More and more properties are being marketed for rent rather than being sold on. ‘Speaking to brokers, we have noticed a shift in the market. [...]
| Posted in Singapore News |
on 15 November 2008Stats: and 14 Comments
KUALA LUMPUR – Malaysia’s economy is not expected to fall into recession and its currency could gradually firm over the medium term, the central bank chief was quoted on Saturday as saying. Economic growth next year would hit the 3.5 per cent official target, with policies in place to contain the fallout from the global [...]
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