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Physical Factor
International
Factor
Internal
Factor
District
Factor
&Vision
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2
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Going Swimmingly
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Preview : SingaporeÀÇ °Á¡
The scale of the transformation has been enough to propel Singapore into the ranks of the world¡¯s leading financial centres. As places like London and Switzerland debate
whether to welcome bankers or punish them, Singapore
has started its own special government school to train private bankers and leased a mansion once used by
the British armed forces to UBS to do the same. Credit Suisse
has plans for something similar.
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One change is physical. Citigroup has moved its headquarters from the same district as Bank of China, first to Shenton Way, which now serves as one financial centre, and then to another, known as Suntec City. It will soon join Standard Chartered at a third site, Marina Bay, which has been built on reclaimed land. A fourth centre for back-office workers is openi¡¦(»ý·«)
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Frank-Dodd / S-Chip
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S-Chip
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Internal Factor
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Districted Factors & Vision For Singapore
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America¡¯s credit rating
America`s credit rating
- Wakey, wakey
Standard & Poor`s may not have said anything new. That`s no reason for American politicians to ignore it
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S&P Credit Rating
CREDIT-RATING agencies are notorious for announcing with great fanfare what has been obvious to financial markets for months. That may explain why investors were only briefly perturbed when Standard & Poor`s (S&P) issued its first warning in 70 years that America`s credit rating was in jeopardy because of its public debts. Share prices lurched downwards but soon stabilised. Bond yields actually declined.
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