Singapore
Goodyear and Temasek part, strategy differences blamed
Temasek says Chip Goodyear will not be taking over as the new CEO
Basel Committee expands membership
The Basel Committee on Banking Supervision on Wednesday expanded its membership to include all G20 countries.
Temasek sells Bank of America shares
Temasek, one of Singapore's sovereign wealth funds, has sold its stake in Bank of America in a bid to reduce its considerable exposure to western banking stocks.
Guyana set to take on insurance role
The Bank of Guyana's regulatory ambit may expand to include the state's insurance industry if legislation tabled by the government on Thursday is passed.
Singapore warns on swine flu
Singapore's central bank said on Wednesday that swine flu will exacerbate the already severe downturn being felt by south-east Asia's most open economy.
Goodyear in after bad year at Temasek
Chip Goodyear, a former chief executive at BHP Billiton, a mining company, is to replace Ho Ching, the wife of Singapore's prime minister, as chief executive of Temasek, the city state's sovereign wealth fund.
Fed extends swaps to emerging markets, cuts to 1%
The Brazilian, Mexican, Korean and Singapore central banks on Wednesday became the latest to set up swap arrangements with the Federal Reserve to counter dollar liquidity fears.
Singapore's Lim: deposit guarantee precautionary
Singapore's recently-announced guarantee on deposits is a measured and precautionary action, said Lim Hng Kiang, the deputy chairman of the Monetary Authority of Singapore.
Santiago SWF principles a reminder of bygone age
Charles Proctor, a partner at Bird & Bird, a law firm, assesses the International Working Group of Sovereign Wealth Funds' newly-published Santiago Principles.
Singapore, Malaysia guarantee all deposits
Singapore and Malaysia became the latest countries to issue blanket guarantees on all deposits on Thursday.
Liquidity black holes
The current crisis has seen financial giants torpedoed by a lack of liquidity, which has rapidly transformed into questions over solvency. Conversations at SIBOS, the annual gathering of people in the business of liquidity delivery - payment system…
Singapore - Annual Report 2007
Singapore's economic growth may ease in the coming quarters as the global economy weakens and as inflationary pressures persist, said Goh Chok Tong, the chairman of the Monetary Authority of Singapore, in the institution's latest annual report.
Singapore's Heng: people must plan ahead
Singapore's maturing population needs good retirement planning services to remain financially independent, said Heng Swee Keat, the managing director of the Monetary Authority of Singapore.
Singapore enhances liquidity management
The Monetary Authority of Singapore (MAS) is to allow more banks to borrow from its standing facility in a bid to improve liquidity management in the banking system.
Fed welcomes SWF investment
Scott Alvarez, the general counsel of the Federal Reserve, has told the US Senate that the central bank welcomed investments by foreign sovereign wealth funds in American banks and financial institutions.
Don't shun Asia: Singapore deputy
Investors have to take a longer term view and continue to chase opportunities in Asia in spite of the subprime crisis in the United States denting confidence, Lim Hng Kiang, the deputy chairman of the Monetary Authority of Singapore, said.
SWF transparency fosters talent: Norway's Kjaer
Sovereign wealth funds should be more open in order to attract the best staff, not to appease regulators, the former head of Norway's Government Pension Fund - the most transparent of the public-sector investors - has said.
Sovereign wealth fund round-up
The creation of a much-mooted code of conduct for sovereign wealth funds edged closer this week after the European Commission submitted its ideas to the region's finance ministers for review in mid-March.
SWFs to cover bank shortfall for private equity?
Not content with buying up sizable stakes in the big investment banks, sovereign wealth funds could now take their business as well.
EU to devise SWF code
The European Commission is to propose a voluntary code of conduct for sovereign wealth funds in a bid to ease fears that their investments could compromise national security interests.
Singapore minister slams SWF "backlash"
Goh Chok Tong, a senior Singapore minister and chairman of the country's central bank, said that arguments against sovereign wealth funds (SWFs) are driven a by "nationalistic backlash".
GIC set to contribute to bank rescue fund
The Government of Singapore Investment Corporation, a sovereign wealth fund, could become the lead investor in a $6 billion fund set up to invest in troubled banks.
Noyer's lonely moment
Robert Pringle, the editor of Central Banking journal, speculates on what kind of questions went through the mind of Christian Noyer, governor of the Banque de France, when he first learned of the Societe Generale disaster.
Japan's Nukaga scuppers sovereign fund plans
Fukushiro Nukaga, Japan's finance minister, said last Friday that the government was unlikely to set up a sovereign wealth fund because of the risks associated with such a move.