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Banks in Singapore agonise over rich clients in tax evasion clampdown
ReutersBy Rachel Armstrong, Saeed Azhar and John O'Callaghan SINGAPORE, May 6 (Reuters) - Banks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of...Tags: Banking, Finance, Malaysia, France, Restaurant and Catering Industry
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Japan, ASEAN to shore up financial ties to drive emerging Asia
ReutersBy Tetsushi Kajimoto GREATER NOIDA, India, May 3 (Reuters) - Japan has tapped its reserves to invest in bonds issued by major economies in Southeast Asia, Japan's Finance Minister Taro Aso said on Friday, part of a strategy aimed at strengthening...Tags: Malaysia, Bonds, South Korea, Indonesia, Thailand
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Marquez chooses Bradley instead of Pacquiao for next fight [Updated]
Mexico's Juan Manuel Marquez has bypassed an immediate fifth fight against Manny Pacquiao to instead square off with world welterweight champion Timothy Bradley of Palm Springs. Calling the planned fight at Las Vegas Thomas and Mack Center on Sept. 14...
Tags: The Home Depot Center, Timothy Bradley, Mexico, Floyd Mayweather, Jr., Macau
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Insight: As economy flounders, Vietnam banks on debt cleanup
ReutersHANOI (Reuters) - When Nguyen Manh Hung's furniture company Phuc Luc was bustling, orders flew in from wealthy Vietnamese who sought his hand-crafted beds, cabinets and tables, netting him $25,000 a month after costs and wages for 35 staff. Two years...Tags: World Bank Group, Financial Markets, Executive Branch, Stock Market, Sales
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FOREX-Euro nurses losses after ECB, focus turns to U.S. jobs data
Reuters* Euro steadies after Thursday's 0.9 pct drop * ECB Draghi's comments on deposit rates dents euro * Focus turns to U.S. jobs data due Friday By Masayuki Kitano SINGAPORE, May 3 (Reuters) - The euro inched higher versus the dollar on Friday,...Tags: Mario Draghi, Money and Monetary Policy, Foreign Exchange Market, Market and Exchange, Labor Markets
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GLOBAL MARKETS-ECB rate cut cheers stocks, euro subdued
Reuters* U.S. payrolls report next in focus, after upbeat jobless claims * Australia shares get bank boost from Westpac result * Japanese markets closed for holiday By Ian Chua SYDNEY, May 3 (Reuters) - Sharemarkets across Asia mostly rose on Friday after an...Tags: Finance, Federal Reserve, Money and Monetary Policy, Credit Ratings, Hong Kong
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RPT-Market Chatter-Corporate finance press digest
ReutersMay 3 (Reuters) - The following corporate finance-related stories were reported by media on Friday: * The investors who own Kelda Group, the parent company of Yorkshire Water, are poised to put a 1.5 billion pound ($2.33 billion) stake in the company up...Tags: Banking, Finance, Investments, Investment Service, Goldman Sachs Group, Inc.
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INSIGHT-As economy flounders, Vietnam banks on debt cleanup
ReutersBy Martin Petty HANOI, May 3 (Reuters) - When Nguyen Manh Hung's furniture company Phuc Luc was bustling, orders flew in from wealthy Vietnamese who sought his hand-crafted beds, cabinets and tables, netting him $25,000 a month after costs and wages...Tags: World Bank Group, Financial Markets, Executive Branch, Stock Market, Sales
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Ex-JPMorgan traders launch Asia firm with backing of $64bln Canada fund
ReutersBy Nishant Kumar HONG KONG, May 3 (Reuters) - Five former proprietary trading desk bankers at J.P. Morgan in Singapore have started a new firm, linking up with one of Canada's largest mutual funds to launch the business. Dhimant Shah, 41, the former...Tags: Finance, New Products, JPMorgan Chase & Co., Credit Ratings, Money and Monetary Policy
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Asia Fuel Oil-Iran exports 8.7 mln April bbls, up five-fold yr/yr-trade
Reuters* Iran fuel oil sales worth about $600 mln last month * Straight-run 280-cst oil sought by blenders, Chinese refiners * Indirect sales hard to trace back to Iran -ops executive By Luke Pachymuthu SINGAPORE, May 2 (Reuters) - Iran exported nearly 8.7...Tags: Petroleum Industry, Thomson Corporation, Business Enterprises, Asia, Iran
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UPDATE 1-M&C Hotels cuts profit target as Asia slowdown bites
Reuters* Q1 pretax profit down 34.7 pct to 16.9 mln stg * Q1 Revpar up 1.6 pct * FY profit to be 140-150 mln stg vs 160 mln stg consensus * Shares down 4 pct By Neil Maidment LONDON, May 2 (Reuters) - Hotelier Millennium & Copthorne said full-year profit...Tags: Malaysia, Quarterly or Semiannual Financial Statements, Weather Warnings, Earnings, Hotel and Accommodation Industry
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UOB beats forecasts with 4.9 pct Q1 net profit rise
ReutersSINGAPORE, May 2 (Reuters) - United Overseas Bank Ltd , the smallest of Singapore's three banks, posted a better-than-expected 4.9 percent rise in first quarter net profit on Thursday, helped by a jump in fees and commissions that offset a drop in loan...Tags: United Overseas Bank Limited, Earnings Forecasts
May 5, 2013
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Apr 23, 2013
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