News: International

No way of getting away from the R-word

25 January 2008

Hardev Kaur
The New Straits Times
25 Jan 08
http://www.nst.com.my/Current_News/NST/Friday/Columns/2140593/Article/index_html

The planned agenda, "The Power of Collaborative Innovation", of the World Economic Forum in Davos, which has taken the organisers months of agonising and time-consuming discussions, is being hijacked by the developments in the capital markets.

Even before the opening of the week-long annual forum, the word "recession" is overwhelmingly being us ... Read more »

IMF asks Singapore to help set SWF benchmarks

24 January 2008

Reuters
24 Jan 08
http://www.reuters.com/article/etfNews/idUSSIN31509320080124

Singapore, along with Norway and Abu Dhabi, has been asked by the International Monetary Fund (IMF) to help set disclosure benchmarks for sovereign wealth funds, a local newspaper reported on Thursday, quoting Singapore's Minister Mentor Lee Kuan Yew.

"We've put up certain ideas. They're considering it. They are using us and Abu Dhabi and th ... Read more »

Americans lose faith in Citi and Merrill

23 January 2008

Financial Times
23 Jan 08
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=FT&date=20080122&id=8069368

Citigroupand Merrill Lynch's standing among US citizens has plummeted as a result of multi-billion dollar capital injections by sovereign wealth funds, according to new research that highlights simmering public opposition to investments by foreign governments.

Over half of the 1,000 people polled by the market research gro ... Read more »

SDP stands by NTU students

06 January 2006

The Singapore Democrats stand by the students of the Nanyang Technological University in their protest against the proposed fee hike. The Party is also concerned about the unreasonable increase in the hostel room-rates by more than 100 percent. Many of the students are not financially well-off and the hefty increase in the fees would put a significant burden on them.

The SDP salutes the students on taking a principled stand and, more important, having the courage to act on it. This is the kind of leadership qualities that cannot be learnt in the classroom but are ones th ... Read more »

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