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Thursday, December 15, 2011

Singapore slips one spot to 4th in global financial system health survey

Singapore ranked fourth in an annual survey measuring finanicial system health, while Hong Kong jumped up from fourth place last year, overtaking the United States and the UK, thanks to strong scores on non-banking financial services such as initial public offerings and insurance.

http://www.freefoto.com/images/2000/04/2000_04_51---Number-Four_web.jpg

When other major Asian economies moved up in the rankings of 60 markets, Singapore slipped one spot to fourth.

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