NZ Farming Systems Uruguay (NZFSU) is advising shareholders to wait for a target company statement before deciding whether to sell shares to Singapore's Olam International, which has initiated a takeover offer for the company.

Asia has been seen as an opportunity hub by the Singapore Exchange (SGX) and the London Metal Exchange (LME).

LME took a step ahead and opened its first Asia office in Singapore to take advantage of growing demand for metal trading in Asia. It is its first office outside London.

Singapore asset managers managed to handle record high assets valued at $1.2 trillion at the end of the year 2009, which exceeded even the pre-crisis climax of 2007.

In the year 2008, they managed $864 billion of assets, said Mr. Ong Chong Tee, Deputy Managing Director of the Monetary Authority of Singapore on Friday.

The composer of the hit musical, Chang & Eng, Mr. KEN Low passed away on Wednesday night due to pneumonia.

Mr. Low had also made the Uniquely Singapore campaign for the Tourism Board of Singapore.

There is an ongoing investigation into the collapse of DBS Bank's network. It seems now that the performance of the bank was not able to meet reliability standards which have been laid down by the Monetary Authority of Singapore (MAS).

Banks are the major financial supports and therefore they have to continue their services every time.

According to a recent report, the worth of Temasek Holdings assortment increased by 43%. In the comprehensive notes that followed the Companies announcement showed that the Company is transparent.

The Company witnessed a record high of S$186 billion in the 12 months prior to March. In the year 2008 the revenue generated by the Company was S$185 billion.

Two foreign banks, the Australia and New Zealand (ANZ) Banking Group and BNP Paribas Singapore, are the most recent to sign up for space at Ocean Financial Centre at Raffles Place.

This raises the pre-commitment scale of the building to more than 60%.

Analysts are of the expectation that demand and rentals for prime office space will see a rise in the short term, as firms in the area continue to inflate their businesses.