18 May '18, 5am

via @WSJ

SINGAPORE—A spate of police investigations and alleged accounting irregularities among companies is denting investors’ confidence in this financial hub, forcing the country’s stock exchange to address what critics say is a legacy of weak corporate governance and market regulation. The tightly-run city-state has historically presented a clean image to global investors. But problems have arisen in recent years, even among some government-linked companies that were standard bearers for the local market. An “old boy’s club” of...

Full article: https://www.wsj.com/articles/spate-of-company-scandals-ta...

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