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June, 30, 2016

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Business > Asia > Singapore
Authorities may need powers to regulate the fixed pay of bankers as well as their bonuses, the Bank of England governor said Monday amid concern the current pay regime does not deter misbehavior.
 
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.064 to close at NT$30.602 after the local central bank seized the weakness of other regional currencies as a cause to bolster the greenback, helping the currency recoup earlier losses, dealers said.
 
Emerging Asian nations are finding out what developed ones did years ago: money -- and the stuff it buys -- brings happiness.
 
A Swiss delegation met with Taiwanese representatives of nonprofit organizations and businesses in Taipei to discuss ways to tackle challenges in developing sustainable energy, including how to reduce dependence on nuclear power.
 
Shares in Taiwan fell Friday as investors feared further volatility on Wall Street after a doctor in New York who recently returned from West Africa was diagnosed with the Ebola virus, dealers said.
 
Following in the steps of local peers, Shinkong Life Insurance (新光人壽) is poised to increase its investments in commercial real estate markets in major cities across Vietnam, Myanmar, mainland China and elsewhere.
 
Singapore is in a good position to cope with any eventual hike in interest rates by the U.S. Federal Reserve, said deputy prime minister Tharman Shanmugaratnam.
 
More than a dozen bands from at home and abroad gathered together to perform in Taipei Saturday in memory of late Wall Street Journal reporter Daniel Pearl.
 
It is done so quickly that you might not even notice it. But that extra swipe of your credit card by some merchants compromises your personal data and breaches data protection laws.
 
The financially troubled Singapore Flyer, one of the world's tallest observation wheels, has been bought by a local firm for SG$140 million (US$112 million), more than a year after being put in receivership.
 
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