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Brexit: It’s Catch-22 for UK

Controversy is raging in the UK over whether to ‘stay’ or ‘leave’ the European Union (EU) membership, with each camp stuck to its own guns. The ‘stay’ campaign received a significant boost from G20 finance chiefs who warned last week that the departure of the UK from the EU could harm the global economy. And as the debate spirals, it ...

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Can Singapore Smooth China-ASEAN Relations?

Singapore’s minister for foreign affairs, Vivian Balakrishnan, spent two days in China this week, meeting with Chinese officials to set a positive tone for both the bilateral relationship and the China-ASEAN relationship. It was Balakrishnan’s first visit to China since assuming his post in October 2015. In an op-ed for China Daily, Balakrishnan cited Lee Kuan Yew, Singapore’s first prime ...

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Shaw Foundation said to buy $376mn London office building

LONDON / Bloomberg A company controlled by the Shaw Foundation, the philanthropic arm of the late Hong Kong movie mogul Run Run Shaw’s empire, agreed to acquire an office building in London’s main financial district from Malaysia’s second-largest pension fund, according to three people familiar with the matter. The foundation, which is being advised by Knight Frank, will pay Kumpulan ...

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