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<title>Financial Services News latest RSS headlines - Singapore Star.com</title>
<description>Provides the latest RSS feeds for Financial Services News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page</description>
<copyright>Singapore Star.com</copyright>
<link>http://www.singaporestar.com/index.php/cat/41163fae10632f63/</link>
<language>en-us</language>
<pubDate>Mon, 20 May 2013 09:20:15 -0400</pubDate>
<lastBuildDate>Mon, 20 May 2013 09:20:15 -0400</lastBuildDate>
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<title>UAE Algeria discuss relations</title>
<description>The United Arab Emirates (UAE) and Algeria have held talks to explore new ways of enhancing bilateral cooperation in areas like industry, investment and small and medium enterprises (SMEs). The discussions were held Sunday between UAE's economy minister Sultan bin Saeed Al Mansouri and the visiting Algerian Minister for Industry, SMEs and Investment Promotion, Cherif Rahmani. Both sides also ... </description>
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<pubDate>Sun, 19 May 2013 23:30:01 -0400</pubDate>
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<title>Pertamina CEO Most Likely to Head Indonesia Investment Body</title>
<description>JAKARTA - PT Pertamina&amp;#039;s Chief Executive Karen Agustiawan is the front-runner to head Indonesia&amp;#039;s Coordinating Board for Investment after President Susilo Bambang Yudhoyono Monday made the current chief the country&amp;#039;s new finance minister, two people familiar with the matter said.  &amp;quot;It&amp;#039;s Karen who [likely] will be appointed as the new investment board chief,&amp;quot; one of ... </description>
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<pubDate>Mon, 20 May 2013 08:39:01 -0400</pubDate>
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<title>European Union Set to Vote on ‘Too Big to Fail’ Law</title>
<description>A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monday.  Bank of England Deputy Governor Paul Tucker said the EU law on bank recovery and resolution would be a milestone towards a global system and help convince markets that governments were no longer willing to rescue ... </description>
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<pubDate>Mon, 20 May 2013 08:34:37 -0400</pubDate>
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<title>International Connectivity Vital for Further Growth of the Islamic Banking Industry</title>
<description>Singapore, May 20. (BNA) -- More than 480 leading industry players, thought leaders and key regulators in the international and regional Islamic finance industry will be gathering from the 3rd to the 5th of June 2013 at the Pan Pacific Singapore Hotel, Singapore, for the 4th Annual World Islamic Banking Conference: Asia Summit (WIBC Asia 2013).    To be held under the theme &amp;quot;Bridging the ... </description>
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<pubDate>Mon, 20 May 2013 08:30:36 -0400</pubDate>
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<title>Europe Markets Europe stocks slip as miners slump</title>
<description>LONDON (MarketWatch) -- European stock markets tracked U.S. stock futures lower in choppy trade on Monday, with mining firms dropping after broad-based losses in metals ... </description>
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<pubDate>Mon, 20 May 2013 08:17:06 -0400</pubDate>
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<title>EU law key to ending too big to fail banks - BoEs Tucker</title>
<description>Reuters &amp;copy; The Deputy Governor of the Bank of England, Paul Tucker, addresses the International Association of Deposit Insurers Annual Conference in London October 25, 2012. REUTERS/Neil ... </description>
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<pubDate>Mon, 20 May 2013 07:43:40 -0400</pubDate>
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<title>Japanese ‘committed’ to TOT investment</title>
<description>TOT to support its second phase of 3G network rollout, reports the Bangkok Post. Both Japanese companies have reportedly agreed to provide soft loans ... </description>
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<pubDate>Mon, 20 May 2013 07:42:23 -0400</pubDate>
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<title>Inside Asia On Chinas Border Underground Banking Flourishes</title>
<description>ZHUHAI, China ... </description>
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<pubDate>Mon, 20 May 2013 07:37:37 -0400</pubDate>
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<title>Abe Faces Uphill Task in Boosting Foreign Investment in Japan</title>
<description>Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades.  Prime Minister Shinzo Abe pledged to make Japan &amp;#039;;the world&amp;rsquo;s easiest country for companies to do business in&amp;#039;; as part of his economic revival plan, which so far has been largely met with approval. The stock market has ... </description>
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<pubDate>Mon, 20 May 2013 07:35:42 -0400</pubDate>
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<title>Bad debts falling in Vietnams ailing banks govt says</title>
<description>HANOI |          Mon May 20, 2013 7:29am EDT
HANOI May 20 (Reuters) - The ratio of non-performing loans held by Vietnam&amp;#39;s troubled banks eased slightly in the first quarter as they have become better at controlling bad debt, though the overall level of NPLs remained high, the government said on Monday.
Bad loans are a key factor stifling Vietnam&amp;#39;s economic revival. The country&amp;#39;s banks ... </description>
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<pubDate>Mon, 20 May 2013 07:29:05 -0400</pubDate>
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<title>Keynote Speaker CEOs serve investors with ‘conscious capitalism’</title>
<description>Our five pay-what-you-can cafes -- in St Louis, Boston, Chicago, Dearborn, Mich. and Portland, Ore. -- bring in enough donations to cover 70% to 80% of the retail cost of the food. This year, these five locations will serve more than one million ... </description>
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<pubDate>Mon, 20 May 2013 07:19:43 -0400</pubDate>
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<title>Prosecutors weigh criminal charges in SAC probe</title>
<description>U.S. prosecutors are considering possible criminal charges against SAC Capital Advisors LP as a result of the government&amp;#039;s insider-trading investigation of the hedge-fund firm, according to people familiar with the ... </description>
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<pubDate>Mon, 20 May 2013 07:19:41 -0400</pubDate>
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<title>In retirement can more debt be wise</title>
<description>Other seniors are converting a primary home into a rental property and obtaining financing for a second retirement home, he added. &amp;quot;For high-end borrowers that usually have other assets accumulated at retirement, being debt-free is more of a matter of choice,&amp;quot; Padilla ... </description>
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<pubDate>Mon, 20 May 2013 07:19:39 -0400</pubDate>
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<title>Goldman Sachs selling ICBC stake for $1.1 bln</title>
<description>+2.40% is selling its entire stake in Industrial &amp;amp; Commercial Bank of China Ltd. for around US$1.1 billion, exiting an investment it made in China&amp;#039;s biggest bank seven years ... </description>
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<pubDate>Mon, 20 May 2013 07:19:37 -0400</pubDate>
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<title>Intel TSMC and Samsung Are Driving Semiconductor Capital Spending in 2013</title>
<description>The semiconductor equipment industry is showing signs of recovering from the cyclical slowdown in the second half of 2012. Although the business environment remains somewhat soft, Intel, Taiwan Semiconductor Manufacturing Corporation, and Samsung have announced solid capital spending plans for 2013 that should help jump-start the demand environment for chip equipment. We expect the equipment ... </description>
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<pubDate>Mon, 20 May 2013 07:18:09 -0400</pubDate>
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<title>The Multitaskers Saving for Retirement With an Eye on College</title>
<description>Vanguard Target Retirement 2045 . Her 403(b) plan is in a managed account with asset-weighted costs that are substantially above those of the target-date fund, so she should consider rolling those assets into the Vanguard target-date fund within an IRA. (She and Steven should consult with a tax advisor to gauge whether it makes sense to roll her 403(b) into a Roth or traditional IRA. They&amp;#039;ll ... </description>
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<pubDate>Mon, 20 May 2013 07:18:09 -0400</pubDate>
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<title>Asia Ends Mostly Higher Nikkei Hits Another Record</title>
<description>Resources stocks added to the gains. Kobe Steel vaulted 11.3% and JFE Holdings moved more than 7% higher even as power utilities notched robust gains.   Tokyo Electric Power surged nearly 16% after local reports suggested the power company was seeking restart of itsnuclear power reactors to revive its ailing business operations.Among others, Kansai Electric Power jumped 7.5% and Kyushu Electric ... </description>
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<pubDate>Mon, 20 May 2013 07:18:08 -0400</pubDate>
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<title>Amitabh Bachchans investment in Just Dial IPO soars by 4600</title>
<description>Amitabh Bachhan, who is among the top investors in Just Dial, could have gained Rs 3.4 crore had he sold his entire stake post the company&amp;#039;s IPO, like other ... </description>
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<pubDate>Mon, 20 May 2013 07:15:54 -0400</pubDate>
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<title>3 banks nearly stop foreclosure sales after feds tweak restrictions</title>
<description>Three large banks have nearly halted their foreclosure sales while they make sure they are meeting revised standards on how troubled homeowners are to be treated.
Wells Fargo and Co., JPMorgan Chase and Co. and Citigroup Inc. (NYSE: C) have nearly halted foreclosure sales after federal regulators revised their orders on the how troubled borrowers were to be treated before losing their homes.
The Los ... </description>
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<pubDate>Mon, 20 May 2013 07:08:13 -0400</pubDate>
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<title>Society of Engineers and Institute of Internal Auditors signs MoU</title>
<description>WAM ABU DHABI, May 20th, 2013 -- The Society of Engineers - UAE and the Institute of Internal Auditors UAE have signed a Memorandum of Understanding (MoU) aimed at exchanging expertise, organising various annual events, conferences and seminars, and increasing the role of the Institute as a tool for excellence and quality in engineering projects both locally and globally.    Engineer Essa Al ... </description>
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<pubDate>Mon, 20 May 2013 07:07:20 -0400</pubDate>
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<title>UPDATE 3-Indonesia names new finance minister wins praise</title>
<description>Mon May 20, 2013 6:44am EDT
* Former investment chief named finance minister
* Economists praise choice
* Slowing growth, bloated subsidy bill big challenges
* Basri is protege of former finance minister   (Updates with reaction, context)
By Rieka Rahadiana and Andjarsari Paramaditha
JAKARTA, May 20 (Reuters) - Indonesia named its respected investment chief as finance minister on Monday as ... </description>
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<pubDate>Mon, 20 May 2013 06:44:31 -0400</pubDate>
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<title>The importance of country risk for mining investment</title>
<description>Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices says Thibaut Lepouttre, editor of Belgium&amp;#039;s Caesars Report. A Gold Report ... </description>
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<pubDate>Mon, 20 May 2013 06:41:08 -0400</pubDate>
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<title>Finance minister says Jerusalem will always be Israeli capital</title>
<description>Jerusalem will always be the capital of Israel, never the capital of a future Palestinian state, Israeli Finance Minister Yair Lapid said.  &amp;quot;Jerusalem is not a place, Jerusalem is an idea. Jerusalem is the capital of the Israeli state,&amp;quot; Lapid said in an interview with The New York Times.  An interim Palestinian state should be created in the West Bank, with final borders drawn up in ... </description>
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<pubDate>Mon, 20 May 2013 06:13:32 -0400</pubDate>
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<title>Investment professionals support greater transparency of alternatives managers</title>
<description>Support for greater transparency within  the alternatives investment management industry is high among members  of the CFA Institute Centre for Financial Market ... </description>
<link>http://www.singaporestar.com/index.php/sid/214629336/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 06:11:21 -0400</pubDate>
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<title>Insight Investment acquisition complete</title>
<description>Insight Investment has been bought by BNY  Mellon for a total sum of &amp;pound;235 million, comprising a cash consideration  of &amp;pound;200 million and an equity consideration of &amp;pound;35 ... </description>
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<pubDate>Mon, 20 May 2013 06:11:20 -0400</pubDate>
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<title>EFAMA releases Q2 2009 investment fund assets results</title>
<description>The second quarter of 2009 (Q2 2009) has  brought with it good news for investment fund assets worldwide with records  showing a 5.4 per cent increase to &amp;euro;14.39trn.    Net cash flow to all funds was &amp;euro;84bn in the second quarter, compared  to &amp;euro;46bn in the first, and net inflows to long-term funds were &amp;euro;240bn  in Q2, following a cumulative outflow of &amp;euro;425bn over the previous ... </description>
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<pubDate>Mon, 20 May 2013 06:11:20 -0400</pubDate>
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<title>Crisis fails to dent responsible investment’s popularity</title>
<description>Responsible investment has continued to rise in popularity  despite difficulties in the markets, demonstrated by the 560-plus signatories  to the UN-backed Principles for Responsible Investment (PRI) Initiative.    The PRI&amp;rsquo;s annual assessment of its signatories has shown that there  are now over US$18trn in assets signed up to the principles, which consist  of six duties signatories agree ... </description>
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<pubDate>Mon, 20 May 2013 06:11:06 -0400</pubDate>
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<title>ESG disclosure must improve to support emerging market investment</title>
<description>A lack of disclosure on environmental, social and corporate  governance (ESG) issues is a key challenge when asset managers an institutional  investors consider investing in emerging markets, says a survey by the  Ethical Investment Research Service (EIRIS) and the International Working  Group of the Social Investment Forum.    The survey, part of the Emerging Markets Disclosure (EMD) project, ... </description>
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<pubDate>Mon, 20 May 2013 06:11:03 -0400</pubDate>
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<title>Jislah Financial Services Wins Award</title>
<description>Emmanuel T. Obeng (middle) joined by top executives of BID including Jose E. Prieto (right) to display the award. Jislah Financial Services, Ghana&amp;#039;s preferred non-bank financial services institution, has been presented with an International Arch of Europe Quality Award (IAE) for being the best financial institution that represents success for Ghana in the business world.  ... </description>
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<pubDate>Mon, 20 May 2013 05:40:23 -0400</pubDate>
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<title>Unpopular Egyptian central bank decision increases yields on treasury bills</title>
<description>Central Bank of Egypt Yields on Egyptian three- and nine-month treasury bills climbed on Sunday and the auction&amp;#039;s size was reduced after a new central bank decree limited the amount of funds that banks can channel into money market funds to buy T-bills.The central bank said it had sold only 3.5 billion Egyptian pounds ($501.7 million) of T-bills instead of the 6 billion pounds it originally ... </description>
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<pubDate>Mon, 20 May 2013 05:38:15 -0400</pubDate>
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<title>Big four banks continue record run on market</title>
<description>Australia   A broad-based rally in nearly every sector pushed the share market higher today, with only healthcare stocks edging lower.The market jumped at the open after another record close for Wall Street overnight, but lost steam late in the session to see the the All Ordinaries gain a half of a per cent to close at 5,185.The ASX 200 rose by the same amount to 5,209. Australia&amp;#039;s big four ... </description>
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<pubDate>Mon, 20 May 2013 05:37:59 -0400</pubDate>
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<title>LONDON MARKETS U.K. Stocks Extend Gains As Banks Rise</title>
<description>LONDON &amp;ndash; Banks led U.K. stocks higher in an upbeat session on Monday, while resource firms added pressure after oil and metals prices showed broad-based losses.The FTSE 100 index added 0.2% to 6,737.26, building on gains from Friday, when the index climbed to the highest closing level since October 2007.Shares of budget airline EasyJet PLC jumped 4.6%, after peer firm Ryanair Holdings PLC ... </description>
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<pubDate>Mon, 20 May 2013 05:27:27 -0400</pubDate>
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<title>Investment opportunities drive Indian Russian and Chinese capital into UAE</title>
<description>The United Arab Emirates (UAE) is the key beneficiary of private capital flow into the Gulf Cooperation Council (GCC) region, according to the fourth annual Invesco Middle East Asset Management Study1, with capital ... </description>
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<pubDate>Mon, 20 May 2013 05:26:33 -0400</pubDate>
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<title>Morgan Stanley sells India wealth management unit</title>
<description>&amp;quot;Morgan Stanley will work closely with Standard Chartered over the coming months to ensure a smooth transfer of our wealth management clients currently serviced in India,&amp;quot; the U.S. investment bank said in an emailed statement. &amp;quot;This process is expected to be completed by the end of ... </description>
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<pubDate>Mon, 20 May 2013 04:31:25 -0400</pubDate>
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<title>Pension fund trustees champion Responsible Investment</title>
<description>A report from UKSIF, the association which promotes Sustainable  Investment and Finance, indicates that Responsible Investment is growing  in popularity among UK corporate pension funds, a change led by ... </description>
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<pubDate>Mon, 20 May 2013 04:22:39 -0400</pubDate>
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<title>Schemes forced to rethink investment strategies</title>
<description>Pension schemes all over the world are re-evaluating their  investment management following the effects of the financial turmoil.    In ... </description>
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<pubDate>Mon, 20 May 2013 04:22:26 -0400</pubDate>
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<title>Retirement investment concerns top employee concerns</title>
<description>.    The financial consultant questioned 1,028 human resource and finance professionals  representing organisations from operations in more than 100 countries  on their plans for 2009. The results show that firms are anticipating  a tough 2009, with companies remaining selective in planning workforce,  pay and benefit cuts.    However, employees are concerned that a prolonged economic downturn ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626924/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:22:16 -0400</pubDate>
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<title>Net worth of Dutch investment funds decreases further</title>
<description>The net worth of supervised Dutch investment funds fell  by &amp;euro;6.4bn (eight per cent) in the third quarter of 2008 (Q3 2008),  with De Nederlandsche Bank attributing losses to investment write-downs  and net withdrawals by investors.    Equity price falls of 11 per cent, which were in line with the worldwide  drop in equity prices of 12 per cent, according to the MSCI World Index,  was the ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626925/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:22:12 -0400</pubDate>
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<title>Responsible investment academic network launched</title>
<description>The UN-backed Principles for Responsible Investment (PRI)  Initiative has launched the first global network of academics dedicated  to the advancement of responsible investment.    It is hoped that the PRI Academic Network, which was launched at a joint  conference with the European Centre for Corporate Engagement (ECCE) at  Maastricht University in the Netherlands, will narrow the gap between  ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626926/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:58 -0400</pubDate>
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<title>Netherlands streets ahead in use of Liability Driven Investment</title>
<description>Sixty-one per cent of Dutch pension funds are currently  employing a Liability Driven Investment (LDI) strategy, an increase of  18 per cent on last year&amp;rsquo;s figures.    Fiduciary manager SEI revealed the results of a Global Quick Poll of the  global pension fund space, surveying executives overseeing pensions in  the US, UK, Hong Kong, Canada and the Netherlands.    There was also an ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626927/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:53 -0400</pubDate>
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<title>ABP commits first investment to private equity microfinance fund</title>
<description>Stichting Pensioenfonds ABP (ABP) has placed US$75 million  into microfinance investment manager BlueOrchard&amp;rsquo;s Private Equity  Fund.    This marks the first investment by Dutch pension fund ABP into a private  equity microfinance fund, and joins the US$40 million invested in BlueOrchard  Debt Funds in 2005.    &amp;#039;;These investments are particularly fit for a pension fund as a  risk ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626928/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:52 -0400</pubDate>
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<title>Borsa Italiana and London Stock Exchange leader in Europe for ETF trades</title>
<description>Aggregated figures show that July 2008 set a record in trading  of Exchange Traded Funds (ETFs) on Borsa Italiana and London Stock Exchange  markets, with 140,452 trades amounting to a highest ever total of &amp;euro;8.8bn  (&amp;pound;7.0bn).    The average daily value traded was &amp;euro;383.2 million, an increase of  141 per cent year on year, and the total amount traded was an increase  of 152 per cent. ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626878/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:50 -0400</pubDate>
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<title>The Russian investment paradox</title>
<description>Policy concerns remain despite news that Russia&amp;rsquo;s  international investment flows reached record levels in 2007, according  to a new report by the Organisation for Economic Co-operation and Development  (OECD).    Russia had foreign direct investment inflows of US$52bn and US$46bn was  invested by Russian firms abroad in 2007, but the ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626929/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:47 -0400</pubDate>
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<title>FC reveals investment favourites</title>
<description>F&amp;amp;C Investments, an investor in emerging markets, has  recently announced that at country level its emerging equities team favours  Russia, the United Emirates and ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626930/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:40 -0400</pubDate>
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<title>BNP Paribas Investment Partners acquires UK multi-manager group IMS</title>
<description>Leading European asset manager BNP Paribas  Investment Partners (BNPP IP) has acquired London-based multi-manager  IMS Group (IMS) to join its flagship brand FundQuest.    FundQuest manages and provides investment advice on portfolios as well  as assistance and open architecture services. The combination of IMS and  FundQuest will comprise of over 210 employees, including 48 investment  ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626900/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:21 -0400</pubDate>
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<title>Investment Trust Companies set for VAT windfall</title>
<description>The European Court of Justice (ECJ) has ruled in favour  of the Association of Investment Companies (AIC) and JP Morgan Claverhouse  Investment Trust in a decision which could lead to huge VAT rebates for  Investment Trust Companies (ITCs) across the UK and could also have implications  for pension funds.    The AIC and JP Morgan Claverhouse brought the case to court based on the  argument that ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626854/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:21:12 -0400</pubDate>
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<title>Experts push gold investment</title>
<description>Industry experts have advised that gold prices are set to move higher next year, making the precious metal a good potential investment, according to Emirates Business 24/7. Analysts say that the US $700bn rescue package may have a short term effect on prices but predict an average adjustment to over $900 per ounce by Q2 next ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626931/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 04:19:57 -0400</pubDate>
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<title>Indonesia will name investment chief as new finance minister - media</title>
<description>JAKARTA |           Mon May 20, 2013 3:03am EDT
JAKARTA May 20 (Reuters) - Indonesia&amp;#39;s investment board chief Chatib Basri will be named the country&amp;#39;s new finance minister, the Jakarta Globe daily quoted the industry minister as saying on Monday.
There was no immediate comment from the presidential palace or Basri.
Basri, 47, will be inaugurated on Tuesday to become the third finance ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626071/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 03:03:59 -0400</pubDate>
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<title>NY regulator questions investment firms ties to insurers WSJ</title>
<description>(Reuters) - New York&amp;#039;s top financial regulator has sent subpoenas to several firms seeking information on investments that guarantee steady payments to hundreds of thousands of retirees and other consumers, the Wall Street Journal said on Monday, citing people familiar with the ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625072/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:46:45 -0400</pubDate>
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<title>Circular economy investment up</title>
<description>Workers lay solar panels on a roof at Nanjing South Railway Station. China is giving attention to reducing energy consumption in industrial production. Dong Jinlin / for China DailyThe Chinese government will double its investment in the circular economy this year to 2 billion yuan ($300 million) to support the national policies of energy conservation and emission reduction, a senior official ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625132/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:31:31 -0400</pubDate>
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<title>China to continue improvement of investment environment official</title>
<description>China will continue to facilitate foreign investment and enhance the protection of intellectual property rights in efforts to improve the investment environment, a senior official said Wednesday. &amp;quot;Improving investment environment and protecting the legal rights of foreign investors are not only the government&amp;#039;s promises but also what the government is doing,&amp;quot; Yu Jianhua, assistant ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625123/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:31:29 -0400</pubDate>
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<title>Chinas investment does not match status as Australias top trade partner</title>
<description>China&amp;#039;s investment in Australia does not match her status as the nation&amp;#039;s largest trade partner, said Duan Jielong, China&amp;#039;s Consul-General in Sydney on Tuesday. In a speech to Australia China Business Council (ACBC), Duan said as more and more Chinese companies come to Australia to invest, there seems to be some concerns about Chinese investment being too much and growing too fast. ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625133/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:31:27 -0400</pubDate>
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<title>Small firms set for relief from finance crunch</title>
<description>Small enterprises that have been facing capital shortages might get relief soon, if State-owned banks ease lending policies for such businesses, Hu Xiaoming, vice-president at Alibaba Group, said. Hu made the remarks on Wednesday in Beijing as Alibaba (China) Co Ltd and the National School of Development at Peking University jointly issued a report on small firms&amp;#039; management and financial ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625092/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:31:16 -0400</pubDate>
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<title>European Countries Lead World in Distrust of Banks</title>
<description>WASHINGTON, D.C. -- Thirteen percent of Greeks said they had confidence in their country&amp;#039;s banks or financial institutions in 2012, leading the nearly all-European list of countries where trust in financial institutions was among the worst in the world last year. Seven European Union countries had trust levels lower than 30%, far below the median 55% across 135 countries. Even in the ... </description>
<link>http://www.singaporestar.com/index.php/sid/214624498/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:07:26 -0400</pubDate>
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<title>RPT-Bankia compensation qualms signal loss of faith in Spains banks</title>
<description>Mon May 20, 2013 2:07am EDT
* Spanish govt created compensation scheme to defuse scandal
* Bankia expects around 150,000 people to seek arbitration
* Lawyers say many people inquiring about taking cases to court
By Sonya Dowsett
MADRID, May 19 (Reuters) - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625129/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:07:02 -0400</pubDate>
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<title>RPT-Investment grade Turkey hopes and fears more investment</title>
<description>Mon May 20, 2013 2:00am EDT
By Sujata Rao
LONDON May 17 (Reuters) - The coveted investment grade rating has arrived in Turkey and foreign capital may follow - possibly a lot of it. But here&amp;#39;s the multi-million lira question: What kind of cash will it be?
What Turkey desperately wants is long-term bricks-and-mortar investment into factories and infrastructure.
What it is more likely to get ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625126/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 02:00:00 -0400</pubDate>
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<title>Saudis Dar Al Arkan picks banks ahead of potential sukuk issue</title>
<description>DUBAI |           Mon May 20, 2013 1:56am EDT
DUBAI May 20 (Reuters) - Saudi Arabia&amp;#39;s Dar Al Arkan Real Estate Development Co has picked six banks to arrange investor meetings ahead of a possible Islamic bond offering, the company said in a bourse statement on Monday.
The dollar-denominated sukuk issue will be the first from a programme which could see several tranches offered over a 12-month ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625127/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 01:56:22 -0400</pubDate>
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<title>Big banks sell off mortgage servicing rights</title>
<description>Millions of homeowners around the country have received an unexpected message from their banks: Goodbye. After years of collecting mortgage payments from as many people as they could, big U.S. banks such as Bank of America and Wells Fargo are scaling back. As servicing mortgages grows less lucrative, they&amp;#039;re selling the rights to do so in deals measured by the billions. The buyers are ... </description>
<link>http://www.singaporestar.com/index.php/sid/214624531/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 01:48:46 -0400</pubDate>
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<title>Obama optimistic despite partisan rancor</title>
<description>Obama Sunday told a Democratic National Committee event in Atlanta politics are to blame for the difficulty in getting anything done in Washington.  &amp;quot;We&amp;#039;ve got good, common-sense solutions that we can implement right now. The bad news is, is that there&amp;#039;s a shortage of common sense in Washington,&amp;quot; Obama told supporters at ... </description>
<link>http://www.singaporestar.com/index.php/sid/214624635/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 01:44:59 -0400</pubDate>
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<title>TABLE-Long-term credit ratings for Kazakhstan banks</title>
<description>May 20 (Reuters) - Following are long-term credit ratings for Kazakhstan&amp;#39;s major banks as defined by international ratings agencies Standard and Poor&amp;#39;s (S&amp;P), Moody&amp;#39;s and Fitch.
Outlook in parentheses: positive (pos), stable (stab),  neative (neg), developing (dev).
* updated today
S&amp;P
MOODY&amp;#39;S
FITCH   Alliance ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625125/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 01:31:20 -0400</pubDate>
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<title>Is student loan market ripe for private investment</title>
<description>CINCINNATI -- Four years after a federal takeover of most of the trillion-dollar student loan industry, opportunities are emerging for private investors to make ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623875/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 01:09:33 -0400</pubDate>
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<title>Asian Markets Rise Nikkei Scales New High</title>
<description>Asian markets snapped their two-day losing streak and opened the week on a positive note with Japan&amp;#039;s Nikkei share average hitting a fresh 5-1/2 year high in early Monday ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623877/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:59:06 -0400</pubDate>
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<title>Tanzania MPs Cry for Heavy Investment in Ports Railway Infrastructure</title>
<description>Dodoma - MEMBERS of Parliament (MPs) raised concern over government&amp;#039;s meagre resource allocation to port and railway infrastructure development, warning against economic stagnation due to poor transport facilities.  MPs criticised government for lack of development priorities resulting into the stretching of the little resources with no tangible results. Debating the Ministry of Transport ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623878/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:55:42 -0400</pubDate>
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<title>Walkers World The trouble with banks.</title>
<description>Maligned and unpopular as Europe&amp;#039;s bankers are these days, they have certainly been earning their money. Seldom have they had to operate in such a challenging environment.  They are seeing jobs disappear, bonuses capped and salaries cut, their profit opportunities dwindle and their most important corporate customers are deserting them in droves. At the same time, the regulations under which ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623848/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:53:09 -0400</pubDate>
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<title>Defining investment in the federal budget</title>
<description>In last week&amp;#039;s budget speech, Wayne Swan outlined a number of &amp;#039;investments&amp;#039; the Government was pouring money into. But can all that government spending be defined as &amp;#039;investment&amp;#039;? Julie Novak highlights the difference between consumption and investment ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623308/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:19:51 -0400</pubDate>
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<title>Woman sentenced to death over underground banking</title>
<description>(46 mins ago)  A businesswoman in southern China has been sentenced to death in the government&amp;#039;s latest crackdown on underground lending that is widely used by entrepreneurs.  The Intermediate People&amp;#039;s Court of Wenzhou, a center for private sector business, says Lin Haiyan was convicted of &amp;quot;illegal fundraising&amp;#039;&amp;#039; for collecting 640 million yuan from individual investors by ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623309/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:13:12 -0400</pubDate>
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<title>Caixin Online Too big to fail is now bigger than ever Andy Xie</title>
<description>Caixin Online ) -- The G-7 summit brought up too-big-to-fail (TBTF) financial institutions as a systemic risk to be addressed. The odds are low that any real reform will materialize. Removing this flaw could trigger a big global downturn. No major government has the stomach to go through with ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623289/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:09:12 -0400</pubDate>
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<title>Craig Stephens This Week in China China ‘hard-landing’ trades revisited</title>
<description>HONG KONG (MarketWatch) -- A string of banks trimming their Chinese growth forecasts last week does not have alarm bells sounding yet. But as well as reviewing China&amp;#039;s misfiring economy, it is probably time to revisit some &amp;quot;China hard-landing&amp;quot; ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623312/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:09:08 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214623312/scat/41163fae10632f63</guid>
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<title>Treasury says the party is over</title>
<description>WA Treasury has cut more than $2 billion from State revenue forecasts since February&amp;#039;s pre-election financial update.The write down over four years to 2016-17 is mostly from revised official State iron ore price and royalty forecasts and a smaller-than-expected national GST take.Treasury is also worried about a WA labour market that has deteriorated quicker than expected, which could mean ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623300/scat/41163fae10632f63</link>
<pubDate>Mon, 20 May 2013 00:05:40 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214623300/scat/41163fae10632f63</guid>
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<title>Mobile banking helps Bangladesh economy grow</title>
<description>Around 1.12 billion Bangladeshi taka (US$14.21 million) is being transacted through mobile banking services in Bangladesh every day on an average, helping the economy grow further by transferring money from urban to rural areas, Bangladesh Bank Governor Atiur Rahman said yesterday.Banks have been providing mobile financial services to 5 million people through around 7,000 agents across the ... </description>
<link>http://www.singaporestar.com/index.php/sid/214622736/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 23:28:51 -0400</pubDate>
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<title>Asia Markets Japan Hong Kong stocks lead Asia gains</title>
<description>HONG KONG (MarketWatch) -- Stocks in Hong Kong and Japan jumped to lead Asian markets higher Monday, tracking a positive global lead after key U.S. indexes notched another record finish on Friday, although South Korean shares underperformed amid geopolitical ... </description>
<link>http://www.singaporestar.com/index.php/sid/214622765/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 23:15:50 -0400</pubDate>
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<title>Australias Suncorp may sell non-core bank report</title>
<description>Suncorp Group Ltd. is looking at ways to sell the &amp;quot;non-core&amp;quot; bank unit that houses its sour property loans, in a move that would free up capital and could mean higher payouts for investors, The Australian Financial Review said ... </description>
<link>http://www.singaporestar.com/index.php/sid/214622766/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 23:15:49 -0400</pubDate>
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<title>China Mengniu surges to 17-mths high after Danones investment</title>
<description>HONG KONG |          Sun May 19, 2013 9:47pm EDT
HONG KONG May 20 (Reuters) - Shares of China Mengniu Dairy Co Ltd surged 8.6 percent to a 17-month high on Monday after the Chinese dairy products maker said Danone Group  would invest in the company and team up in developing yoghurt products in China.
Its shares rose to HK$26.60, their highest since December 2011, outperforming a 1.4 percent gain ... </description>
<link>http://www.singaporestar.com/index.php/sid/214622308/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 21:47:03 -0400</pubDate>
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<title>Cyprus loosens restrictions on 8 foreign banks</title>
<description>(MENAFN) Cyprus finance ministry stated that it has loosened restrictions on 8 more foreign banks, reported Xinhua News.The ministry said that the banks were exempted from the restrictions imposed on banks deals after the Eurogroup introduced a rescue for Cypriot banks in March.According to the ministry, if a bank is more than 50 percent affiliate of a foreign bank, it can be excluded from ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621186/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 20:57:00 -0400</pubDate>
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<title>Central Banks in Driving Seat for Asia Markets</title>
<description>A two-day Bank of Japan meeting, a speech by the Federal Reserve&amp;#039;s chief and minutes from the latest Reserve Bank of Australia gathering put central banks in focus for Asian markets in the week ahead. The Bank of Japan (BOJ) concludes its policy meeting on Wednesday and economists are not expecting any significant changes so soon after the central ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621159/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 20:52:30 -0400</pubDate>
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<title>MLB San Diego 13 Washington 4</title>
<description>Everth Cabrera and Jedd Gyorko also knocked in two runs apiece as the Padres banged out 15 hits en route to the win.  Andrew Cashner (3-2) claimed the victory, yielding three runs on seven hits over 6 2/3 frames. The right-hander issued just one walk and struck out six as San Diego earned a four-game split with the Nationals.  Washington ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621554/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 20:32:40 -0400</pubDate>
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<title>PRESS DIGEST - Financial Times - May 20</title>
<description>Sun May 19, 2013 8:23pm EDT
May 20 (Reuters) - Headlines
H&amp;M rethinks sourcing policy in wake of Bangladesh disaster
()
Apple faces grilling over US tax ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621178/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 20:23:50 -0400</pubDate>
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<title>Australian shares rally as weak $AU underpins market banks gain</title>
<description>Sun May 19, 2013 8:17pm EDT
(Updates with movements in early trade)
SYDNEY May 20 (Reuters) - Australian shares climbed 0.7 percent on Monday as investor sentiment was buoyed on the back of Wall Street hitting fresh record highs and as the weak Australian dollar underpinned stocks exposed to the U.S. market.
Companies with largely U.S. dollar-based earnings  benefit when profits gained abroad are ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621754/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 20:17:48 -0400</pubDate>
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<title>Investment Life after the gold rush</title>
<description>Having closely monitored the performance of a financial management company for more than four years, Hou Yanjie finally decided to buy a trust product recommended by an account manager she&amp;#039;s familiar with. The product requires investment of at least 1 million yuan ($163,000), and the expected annual rate of return is around 9.5 ... </description>
<link>http://www.singaporestar.com/index.php/sid/214620584/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 20:00:28 -0400</pubDate>
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<title>Education loan to get costlier as banks buying insurance</title>
<description>Banks, stung by bad loans from lending to the education sector, are buying insurance to cover default risk that will eventually increase the cost of borrowing for students. Under the cover, the bank will receive the entire loan amount from the insurer if the borrower dies. The cost of insurance cover ... </description>
<link>http://www.singaporestar.com/index.php/sid/214620587/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 19:45:24 -0400</pubDate>
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<title>Scotiabank Blue Nose Marathon sets records</title>
<description>$520,000 for  60 local charities through the Scotiabank Charity Challenge.      &amp;quot;Today was a great day at the Scotiabank Blue Nose Marathon with a  record number of registered runners participating this year,&amp;quot; ... </description>
<link>http://www.singaporestar.com/index.php/sid/214619508/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 18:18:21 -0400</pubDate>
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<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214628458/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214629335/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626920/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214626920/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214630948/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214630948/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214620058/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214620058/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214619516/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214619516/scat/41163fae10632f63</guid>
</item>
<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214620586/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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</item>
<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214625131/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214625131/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214622309/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214622309/scat/41163fae10632f63</guid>
</item>
<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621755/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214621187/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214624530/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623311/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214623311/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214626096/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214626096/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214622764/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214619515/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214619515/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214623876/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
<guid isPermaLink="true">http://www.singaporestar.com/index.php/sid/214623876/scat/41163fae10632f63</guid>
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<item>
<title>International financial news</title>
<description>A ROUNDUP of news in finance, economics and business from around the world:
INTERNATIONAL NEWS
PARIS - Work on the world&amp;#39;s biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international officials.
JERUSALEM - The European Union has postponed plans to introduce separate labelling for products from Israeli settlements in ... </description>
<link>http://www.singaporestar.com/index.php/sid/214620057/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:58:13 -0400</pubDate>
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<title>Exclusive Bangladesh factory banned by Wal-Mart still makes Wrangler shirts</title>
<description>GAZIPUR, Bangladesh (Reuters) - A Bangladesh factory where Wal-Mart Stores Inc and Inditex SA inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world&amp;#039;s largest apparel maker, U.S.-based VF ... </description>
<link>http://www.singaporestar.com/index.php/sid/214619000/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:20:52 -0400</pubDate>
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<title>Morningstar.coms 2013 Portfolio Makeover Week</title>
<description>During Morningstar.com&amp;#039;s 2013 Portfolio Makeover Week, our director of personal finance, Christine Benz, will help a diverse set of investors fit the pieces together. She&amp;#039;ll size up existing holdings and present a possible new lineup of investments for those in similar situations, while offering ideas on allocation, asset location, and other ... </description>
<link>http://www.singaporestar.com/index.php/sid/214619027/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 17:20:34 -0400</pubDate>
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<title>US Official White House Was Unaware of IRS Misdeeds</title>
<description>President Barack Obama and White House Senior Advisor Dan Pfeiffer, right, react to a reporter&amp;#039;s question as they leave the Treasury Department in Washington, Jan. 16, ... </description>
<link>http://www.singaporestar.com/index.php/sid/214617635/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 15:13:44 -0400</pubDate>
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<title>BOT rejects claim that banks have fuelled rise in the baht</title>
<description>The Finance Ministry is pointing a finger at commercial banks, accusing them of being behind the steady rise of the baht this year.  Somchai Sujjapongse, director-general of the ministry&amp;#039;s Fiscal Policy Office, said in the first quarter a number of commercial banks had raised US$2 billion (Bt59.6 billion), or about half of capital inflows into the local bond market. In the first quarter, ... </description>
<link>http://www.singaporestar.com/index.php/sid/214617172/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 14:14:13 -0400</pubDate>
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<item>
<title>Meretz chair Lapid not worthy of being finance minister</title>
<description>Meretz leader MK Zahava Gal-On told &amp;quot;Globes TV&amp;quot; that Yair Lapid is not keeping the promises that he made to the public but is implementing the policies of the finance ministry ... </description>
<link>http://www.singaporestar.com/index.php/sid/214617007/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 14:10:58 -0400</pubDate>
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<item>
<title>ZTE banks on growth in Indian telecom market</title>
<description>/enpproperty--&amp;gt; Dapper and bespectacled, Xu Dejun says he is stressed after taking the helm as chief executive officer of the Indian arm of ZTE Group, one of China&amp;#039;s biggest makers of telecommunications equipment.  &amp;quot;As a new CEO, people will notice if you don&amp;#039;t do well in six months, start asking questions after nine months and throw you out after a year,&amp;quot; he told China ... </description>
<link>http://www.singaporestar.com/index.php/sid/214617033/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 14:08:51 -0400</pubDate>
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<item>
<title>Former French finance minister Cahuzac withdraws candidacy</title>
<description>Disgraced ex-finance minister Jrme Cahuzac has bowed out from by-elections in France.  Contesting his own constituency after a scandal involving secret Swiss bank accounts forced him to resign, his decision was welcome by socialists as it would spare his party further ... </description>
<link>http://www.singaporestar.com/index.php/sid/214617013/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 13:55:11 -0400</pubDate>
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<title>White House aide Pfeiffer IRS actions inexcusable</title>
<description>Dan Pfeiffer said it is a &amp;quot;cardinal rule when you know a situations like these, not for just for this White House but for all White Houses ... you do not interfere in an independent investigation and you do not do anything to give off the appearance of interference in an independent investigation.&amp;quot;  A Department of the Treasury inspector general&amp;#039;s report found employees at an IRS ... </description>
<link>http://www.singaporestar.com/index.php/sid/214617177/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 13:48:59 -0400</pubDate>
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<item>
<title>Dimon making case to keep both J.P. Morgan jobs</title>
<description>Jamie Dimon faces another attempt at Tuesday&amp;#039;s shareholder meeting to split his duties as chairman and chief executive of J.P. Morgan Chase &amp;amp; ... </description>
<link>http://www.singaporestar.com/index.php/sid/214615946/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 12:16:22 -0400</pubDate>
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<item>
<title>Boom time for Abu Dhabi and Dubai stock exchanges</title>
<description>UAE markets continued their strong performance in April with Abu Dhabi 8 per cent higher and Dubai up 17 per cent. According to World Equity Index Rankings by Bloomberg, as of the end of last month, Dubai - 32 per cent higher - is ranked second and Abu Dhabi - 24 per cent higher - is ranked fifth among primary world indexes by United States dollar adjusted year-to-date performance.  Average value ... </description>
<link>http://www.singaporestar.com/index.php/sid/214614939/scat/41163fae10632f63</link>
<pubDate>Sun, 19 May 2013 10:56:30 -0400</pubDate>
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<title>Namibia SSC Investment Fraud Trial Date Set</title>
<description>EIGHT years after a botched investment of N$30 million by the Social Security Commission led to a high-profile Companies Act enquiry in the High Court in Windhoek, a date has been set for the trial of seven people facing charges in connection with the alleged embezzlement of the investment.  The seven accused are due to go on trial in the High Court on 19 May next year, they were informed when ... </description>
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<pubDate>Sun, 19 May 2013 10:29:02 -0400</pubDate>
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<title>Tshuva Gas exports worth $100b to Treasury</title>
<description>&amp;quot;It is especially important these days to remember that gas exports alone will generate $100 billion for the treasury and the Israeli economy over the next 20 years,&amp;quot; ... </description>
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<pubDate>Sun, 19 May 2013 09:58:23 -0400</pubDate>
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<title>Greece to sell Postbank Proton in July stress-test big banks</title>
<description>ATHENS (Reuters) - Greece&amp;#039;s bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country&amp;#039;s foreign lenders said in an inspection ... </description>
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<pubDate>Sun, 19 May 2013 08:54:49 -0400</pubDate>
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<title>Amir of Qatar meets Indian Finance Minister</title>
<description>Doha, May 19 (BNA) - The Amir of Qatar Shaikh Hamad bin Khalifa Al Thani met here today with Indian Finance Minister P. Chidambaram on the occasion of his visit to Qatar.    Talks during the meeting dealt with relations between the two countries and matters of mutual concern, particularly financial and investment issues.  EM    E M    BNA 1120 GMT ... </description>
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<pubDate>Sun, 19 May 2013 08:13:42 -0400</pubDate>
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<title>Dont Pay Up for These Stocks</title>
<description>Stocks continued on their upward run last week. The market seems to be betting that corporate profitability will continue to look fairly strong and that the Fed is not going to take its foot off the monetary pedal too soon. And we got some evidence during the week that both supported and challenged this ... </description>
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<pubDate>Sun, 19 May 2013 07:11:28 -0400</pubDate>
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<title>MoF to receive UAEs national banks in Washington</title>
<description>WAM ABU DHABI: The Ministry of Finance (MoF) has concluded three meetings with representatives of the UAE&amp;#039;s national banks to discuss preparations for an upcoming meeting in Washington D.C. set to take place on 11th October , 2013, on the sidelines of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (October 11-13, 2013).    The meetings shed light on the ... </description>
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<pubDate>Sun, 19 May 2013 06:59:49 -0400</pubDate>
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<title>Miller under attack as he pursues campaign finance reform</title>
<description>An out-of-state conservative group wants you to call Democratic Nevada Secretary of State Ross Miller and tell him that you&amp;#039;re &amp;quot;sick of his costly hypocrisy.&amp;quot;  If you think this sounds like a campaign ad, that&amp;#039;s because it is. A group called the State Government Leadership Foundation has attacked Miller for sponsoring a transparency and good-governance bill at the Legislature ... </description>
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<pubDate>Sun, 19 May 2013 05:46:25 -0400</pubDate>
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<title>Political Economy The City of London as Savior of E.U. Finance</title>
<description>It is perhaps too much to expect the Conservative-led government in Britain to lead any initiatives on Europe, given the orgy of self-destruction in the party over whether Britain should stay in the European Union. But insofar as David Cameron manages to get some respite from the madness, he should introduce a strategy to enhance the City of London as ... </description>
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<pubDate>Sun, 19 May 2013 04:57:38 -0400</pubDate>
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<title>Developing nation’s share of global investment to rise by 2030</title>
<description>Hohoe (V/R), May 19 GNA - Seventeen years from now, half the  global stock of capital, totalling 8 trillion will reside in the developing  world, compared to less than the current ... </description>
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<pubDate>Sun, 19 May 2013 03:10:30 -0400</pubDate>
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<title>Nigeria Gunmen Attack Police Stations Banks in Daura</title>
<description>Gunmen, Thursday night attacked two police stations and four banks in Daura town, carting away millions of naira and a number of weapons.  JTF spokesperson, Capt Ikedichi Iweha, confirmed that four of the attackers were killed by soldiers and three soldiers were also killed in the attack.  Iweha said soldiers who repelled the assailants had recovered 11 AK-47 rifles, 393 rounds of different ... </description>
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<pubDate>Sun, 19 May 2013 02:51:50 -0400</pubDate>
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