Xinhua, 11 Oct 2008
SINGAPORE, Oct. 11 (Xinhua) -- A Singapore central bank senior official reassured Singaporeans on Saturday that the city-state's financial institutions "are sound and operating normally."
Speaking at the "Money Sense" seminar, Heng Swee Keat, Managing Director of the Monetary Authority of Singapore (MAS) said, one reason is Singapore does not have subprime mortgages that are originated here.
Read More
