News: International

US to remain prime destination for investor GIC

25 February 2011


The Government of Singapore Investment Corp (GIC), one of the world's largest sovereign wealth funds, said the United States would remain one of its prime destinations despite the rapid growth of China and other emerging economies.

'America has enduring strengths which will revitalize the US economy and throw up many opportunities for profitable investments,' GIC deputy chairman Tony Tan sa ... Read more »

S'pore Finance Minister said to be favorite to head IMFC

22 February 2011

Flavia Krause-Jackson

Singapore Finance Minister Tharman Shanmugaratnam is the leading candidate to become the next chairman of the body that steers work of the International Monetary Fund, a Group of 20 official said.

Tharman would replace Youssef Boutros-Ghali, who resigned from the International Monetary and Financial Committee earlier this month. Boutros-Ghali, who served as chairman of the p ... Read more »

Opponents not happy with 'dressed-up' ASX bid

16 February 2011

The Australian

The Singapore stock exchange has sweetened its $8 billion bid for the Australian Securities Exchange, promising equal Australian board representation and that key ASX staff, assets and operations would remain onshore.

But the move - aimed at easing concerns about the sale of an Australian financial icon - ... Read more »

IBA gravely concerned by conviction and sentence of CSJ

16 February 2011


The International Bar Association’s Human Rights Institute (IBAHRI) is gravely concerned about the recent ruling of the Singapore High Court, in which Dr Chee Soon Juan’s conviction for speaking in public without a permit was upheld. The IBAHRI believes that Dr Chee, leader of the Singapore Democratic Party (SDP), has been the target of repeated attempts by Singapore’s ruling People’s Action Party (PAP) to stifle his opposition vie ... Read more »

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