Swiss banks are believed to hold accounts worth billions of dollars belonging to American citizens who have not declared these assets to US tax authorities. -AFP
Spain has been in recession since 2011 in the second such downturn since the collapse of a housing boom in 2008 that has driven the unemployment rate to a record 27 per cent. -AFP
The Hong Kong Monetary Authority (HKMA) announced in December that it was investigating UBS about possible misconduct relating to its submissions for the Hibor. -Reuters
The highest bid came from World Class Land, while Vantage Properties put in the lowest bid, at $110.8 million. -AsiaOne
ZenithOptimedia, the forecasting unit of Publicis Groupe said in a report world advertising spend would grow 3.5 per cent this year. -Reuters
It was not clear whether the charges related to his time at Swiss bank UBS and/or US rival Citigroup. -AFP
For almost 40 years, incomes went up every year, and in large dollops. Then, for reasons that are not yet clear, the brakes were applied and the racing car slowed down considerably. -Singapolitics
URA said on Tuesday that the land parcel has a site area of about 0.8 ha and potential gross floor area (GFA) of 77,000 metre square. -AsiaOne
Vincent Lim and Sherry See's home has an old kopitiam feel and they have filled it with retro pieces, some of which are even older than they are. -BT
For the first-time property buyer, purchasing a home can be a daunting task. Experts at a recent property seminar dished out tips on what kind of property one should be looking for, and how much money new home-buyers might need. -My Paper
