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Singapore Stock Exchange- Financial- Great Trading

by McKinsey from Findarticles

The SGX is Asia-Pacific’s first demutualised and integrated securities
and derivatives exchange. The SGX was inaugurated on 1 December 1999, following the merger
of two established and well-respected financial institutions - the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX).

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Asia’s Future and the Financial Crisis

by McKinsey from Findarticles

The collapse of Lehman Brothers triggered a global credit shock that struck with surprising force in Asia. Before Lehman’s failure, many looked to the region as a bastion of economic stability. After all, Asia had high growth rates, large trade surpluses, and substantial foreign reserves. Its large companies were well capitalized and the books of its banks mostly free of the subprime loans and doubtful investments afflicting their Western peers.

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