Friday 1 August 2014
 
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Singapore

Brent holds near $113 on Iraq supply concerns

Brent crude futures held near $113 per barrel on Tuesday with the US considering air strikes in Iraq as the security situation worsens in the key oil producing country. Islamic militants have routed Baghdad's army and seized t

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Singapore homes clamp hits luxury developers

Luxury property developers in Singapore are facing their worst sales outlook in six years as a raft of government measures to cool one of the world's most expensive real estate markets bite. Sales of private homes, which accou

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Singapore firm in NIIT deal to train Bahrainis

A Singapore-based oilfield engineering firm has signed a deal with the National Institute for Industrial Training (NIIT) to train Bahrainis in technical careers and hire them in the company's new division in the kingdom. MTQ C

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Singapore’s UOB Bullion and Futures joins DGCX

The Dubai Gold and Commodities Exchange (DGCX) has approved the UOB Bullion and Futures (UOBBF), a wholly-owned subsidiary of Singapore’s United Overseas Bank (UOB), as a clearing member of the exchange. UOBBF is a fully-lic

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Singapore probes 'unnatural' death of bitcoin trader

Singapore police are investigating what they have called the "unnatural" death of a 28-year-old American woman who ran a small exchange that traded virtual currencies, including bitcoins, from the Asian city state. Autum

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Riyadh, Jeddah among world’s cheapest cities

Riyadh and Jeddah are among the cheapest 10 cities for expatriates in the world, while Singapore has outstripped Tokyo as the most expensive city, according to annual rankings by the Economist Intelligence Unit released on Tuesday.

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Malaysia, Singapore grapple with prolonged dry spell

Singapore and Malaysia are grappling with some of the driest weather they have ever seen, forcing the tiny city-state to ramp up supplies of recycled water while its neighbour rations reserves amid disruptions to farming and fisheries.

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Bahrain to develop hi-tech farming system

Bahrain hopes to follow Singapore's example and develop a hi-tech farming system that does not require huge amounts of land or water, according to a government minister. The aim is to combat land and water scarcity and reduce

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RBS to issue LCs directly from Singapore

The Royal Bank of Scotland (RBS) has been approved to issue letters of credit (LCs) for trading on DME, a leading energy futures and commodities exchange in the Middle East, directly from Singapore. RBS will be able to issue LCs d

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Dubai Aerospace orders $1bn turboprops

Dubai Aerospace Enterprise (DAE), the largest aircraft leasing firm in the Middle East, has ordered 20 turboprop commercial aircraft with an option for another 20 planes from French-Italian manufacturer ATR, the company said on Wednesday.

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