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Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar. His manager told him nothing could be done because "there was no way to control the market or how p...
The slump in silver this month has spurred demand for products from Silver Bullion Pte, one of Singapores largest suppliers of coins and bars to retail investors, depleting inventories and doubling delivery times. Holdings of bars fell to just 54 ounces from 60,000 ounces two and a h...
Nadim Chebli remembers well the first of his customers who decided to pay for the records they bought with virtual currency rather than cash or credit cards. "I'd only just agreed to accept Bitcoins," said the 36-year-old owner of the Long Player record shop, "and the first sales I ma...
Wow....how many Bitcoins did they give to CNBC to write such an article? Unreal endorsement of what seems like such a longshot to survive as anything with worth. I may be naive, but I'm not banking on a newly made up currency. What's to stop some a flood of other currencies to appear ...
The value of virtual currency Bitcoin has reached an all-time high, trading at more than $33 (£22). Its appreciation - up from just $2 in November 2011 - has been attributed to increased trust in security efforts. The surge coincided with Japan-based MT Gox, Bitcoin's biggest exchange...
Bitcoin sounds like something from science fiction: A purely digital currency, created by an anonymous hacker, that operates outside the world's traditional banking systems. The four-year-old currency is very real, though, and it's trading an all-time high, tripling in value in the la...
Yeow Boon.... How on earth do you draw the conclusion that more abortions will take place ? And even if they did, what has that got to do with his idea? The man has a very good point, Singapore does need to increase the population, that means more couples need to start having sex, gra...
Singapore plans to raise property levies for luxury homeowners as it seeks to tax wealthy residents in the island-state after the government imposed more measures to curb property speculation last month. The higher tax will apply to the top 1 percent of homeowners who live in their ow...
