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Singapore fines Credit Suisse, local bank over money laundering

Singapore said Tuesday it had fined Credit Suisse and a local lender for breaches of the city-state's anti-money laundering laws relating to a corruption scandal at Malaysian state fund 1MDB.

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Singapore fines Credit Suisse, local bank over money laundering

SingaporesaidTuesdayithadfinedCreditSuisseandalocallenderforbreachesofthecity-state'santi-moneylaunderinglawsrelatingtoacorruptionscandalatMalaysianstatefund1MD

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Singapore experimenting with Blockchain technology

​Monetary Authority of Singapore (MAS) announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology, said MAS in a press release on Wednesday.

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Singapore to give start-ups, SMEs greater access to crowd-funding

​The Monetary Authority of Singapore (MAS) announced on Wednesday that it will make it easier for start-ups and Small and Medium Enterprises (SMEs) to access securities-based crowd-funding (SCF) in two ways.

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PBOC, MAS renew bilateral currency swap arrangement

​The People's Bank of China (PBOC) and the Monetary Authority of Singapore (MAS) on Tuesday announced the renewal of the existing bilateral currency swap arrangement (BCSA) for a further term of three years.

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MH370: Family support groups split over what to do next

The flight with 239 passengers and crew on board - 153 of them Chinese nationals - vanished as it flew from Kuala Lumpur to Beijing. Experts believe the plane detoured to the southern Indian Ocean - believed to be the likely crash site - although the search for wreckage has so far found nothing there.

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MH370 victims' families want deadline extended for lawsuits against Malaysia Airlines

The families of those on board a Malaysia Airlines flight which vanished over the Indian Ocean two years ago have called for 60 more days to push their cases against the airline through courts before time runs out.

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Singapore launches new coins featuring its national flower orchid

Singapore launches new coins featuring its national flower orchid

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Singaporean authority contacts banks on Malaysian PM's probe

​Monetary Authority of Singapore ( MAS) said on Wednesday it is in contact with financial institutions in relation to Malaysia's probe into allegations that hundreds of millions of dollars had been transferred to accounts of Prime Minister Najib Razak.

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Singapore to maintain policy of modest, gradual appreciation of Singapore dollar

​The Monetary Authority of Singapore (MAS) said Tuesday that it would maintain its policy of a modest and gradual appreciation of the Singapore dollar.

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Singapore CPI inflation moderates to 3.6 pct in January

Singapore's consumer price inflation (CPI) in January moderated to 3.6 percent, compared with 4.3 percent for last December, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry jointly announced on Monday.