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S68 - Singapore Exchange News Story

S$10.11 0.1  0.5%

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Sector
Financials
Size
Large Cap
Market Cap £5.75bn
Enterprise Value £5.52bn
Revenue £584.4m
Position in Universe 275th / 6099

PRESS DIGEST - Wall Street Journal - Dec 3

Wed 3rd December, 2014 6:08am
Dec 3 (Reuters) - The following are the top stories in the 
Wall Street Journal. Reuters has not verified these stories and 
does not vouch for their accuracy. 
     
    * Heightened tensions between Russia and the United States 
are hampering their cooperation in space, adding to the problems 
of an American space industry reeling from the crashes of two 
commercial spacecraft this fall. (http://on.wsj.com/1vgqj0R) 
     
    * House GOP leaders worked to build support among 
Republicans for a plan to avoid a government shutdown, seeking 
to deliver on their promise to step away from entrenched budget 
brinkmanship. (http://on.wsj.com/1yfCUn0) 
     
    * A Food and Drug Administration advisory panel Tuesday 
helped pave the way for the federal government to reverse its 
policy banning gay men from donating blood, a rule initially 
aimed at preventing transmission of HIV. (http://on.wsj.com/1FMshOx) 
     
    * Old emails may be coming back to haunt Credit Suisse 
 CSGN.VX  over real-estate deals done before the financial 
crisis. The emails, which were turned over to firms suing the 
bank but haven't been made public, include discussions of an 
appraisal method Credit Suisse used to value a dozen luxury 
properties such as golf communities and ski resorts during the 
mid-2000s. (http://on.wsj.com/1vIUgvh) 
     
    * Chief Executive Steven Murphy is stepping down from 
Christie's, less than a month after the art auction house posted 
record fall sales and less than two weeks after rival Sotheby's 
 BID.N  announced it would oust its boss. (http://on.wsj.com/1yHx8xc) 
     
    * Bank of New York Mellon  BK.N  gave Nelson Peltz's Trian 
fund a seat on its board, joining a raft of companies that have 
recently opened the door to activists and headed off bruising 
public fights. (http://on.wsj.com/1vMB0M5) 
     
    * The chairman of San Francisco's pension fund is proposing 
a smaller mix of hedge funds than previously discussed, the 
latest retirement system to rethink its approach to those 
investments in the wake of a retreat by the largest public 
pension in the United States. (http://on.wsj.com/12lUoVH) 
     
    * Takata Corp  7312.T , the Japanese supplier at the center 
of a global air-bag recall affecting millions of vehicles, said 
it would form an independent review panel to investigate the 
company's handling of a safety defect linked to five deaths. (http://on.wsj.com/1CDGOOr) 
     
    * Singapore Exchange Ltd  SGXL.SI  on Wednesday delayed the 
start of trading in its securities market by over three hours to 
give brokerages a chance to correct any errors on behalf of 
clients caused by a software glitch two days earlier. (http://on.wsj.com/1wolh8S) 
 
 (Compiled by Supriya Kurane in Bengaluru) 
 ((supriya.kurane@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 6121; Reuters Messaging: 
supriya.kurane.thomsonreuters.com@reuters.net)) 
 
Keywords: PRESS DIGEST WSJ/
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