Singapore - The Singapore Exchange said it will soon explain to investors its decisions to allow listed companies certain exemptions under listing regulations, media reports said Thursday.
SGX will publish the exemptions or waivers given to listed companies every quarter, according to a report in The Straits Times today.
Though the companies must adhere to the listing rules, there are times when a waiver request is allowed to facilitate a transaction to the benefit of all shareholders.
Washington - Treasury Secretary Henry Paulson on Wednesday warned that more banks would fail as the US financial system goes through a tough period of restructuring, and promised to use all powers at his disposal to ease the economic fallout.
Paulson asked for "patience" from the public and said it would take "several weeks" before the US Treasury began buying up troubled mortgage assets at the heart of the credit crisis.
Washington - Treasury Secretary Henry Paulson on Wednesday warned that more banks would fail as the US financial system goes through a tough period of restructuring, and promised to use all powers at his disposal to ease the economic fallout.
Paulson asked for "patience" from the public and said it would take "several weeks" before the US Treasury began buying up troubled mortgage assets at the heart of the credit crisis.