In a private dining room at Singapore’s Taste Paradise restaurant, over a meal of abalone and suckling pig, two Goldman Sachs Group Inc. bankers were explaining a $1.75 billion bond offering to six executives of a Swiss bank.
When Ronald Reagan and Mikhail Gorbachev met in Moscow in 1988 to discuss nuclear reductions, Reagan compared it to appearing in an epic cinematic production by Cecil B. DeMille. By this he meant more than, as he put it, "being dropped Continue reading →
Singapore Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population.
When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as Continue reading →