1997-1998 Global Financial Crisis

TEXT-Fitch: Singapore Banks Resilient in Stress Test; Outlook Stable

21 May 2012

(The following was released by the rating agency)SINGAPORE, May 21 (Fitch) Fitch Ratings says its stress testshows that Singapore banks are able to keep their risk profilesintact during economic troughs. ...

Sukuk yields high on treasury demand

17 May 2012

Islamic bond yields rose to a two- month high in their worst weekly performance since January, as Europe's deficit crisis and China's slowing economy boosted demand for the relative safety of U.S. debt. Global sukuk yields climbed nine basis points to 3.76 percent, a level last surpassed on March 1, according to the HSBC/Nasdaq Dubai US Dollar Sukuk Index. The premium over U.S. benchmark ...

Sukuk yields at 20-month high on treasury demand

17 May 2012

Islamic bond yields rose to a two- month high in their worst weekly performance since January, as Europe’s deficit crisis and China’s slowing economy boosted demand for the relative safety of U.S. debt.