Private Wealth Fuels Record Singapore-Dollar Bond Sales

Bloomberg, 26 Jun 2012
Singapore-dollar bond sales rose to a half-year record as private-wealth clients in the city-state, which has the world’s highest density of millionaires, sought refuge in the local currency.
op-rated Singapore’s appeal among private-banking clients has risen as the local currency gained 12 percent since 2009 and Europe’s financial turmoil deepened with Greece’s new government struggling to meet targets for cutting its deficit Full story