Singapore, Malaysia shore up banking system
Source: http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert/0/0/singapore-malaysia-shore-up-banking-systemPosted on Thursday, October 16th, 2008 | In Asia
Contributed by: Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert) -
The governments of Singapore and Malaysia announced that they will guarantee the safety of bank deposits in their countries.
They’re not the first. Hong Kong, Indonesia,
Australia and New Zealand all issued some forms of banking guarantees in the last week.
Last 5 posts by Tony Sagami
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Tags for this Post:
Asia, Australia, bank deposits, Hong Kong, Indonesia, Malaysia, Malaysia shore, New Zealand, Singapore
Asia, Australia, bank deposits, Hong Kong, Indonesia, Malaysia, Malaysia shore, New Zealand, Singapore
![]() About Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert)
Tony Sagami, a veteran investment advisor and a leading expert on Asian markets, is the owner and founder of Harvest Advisors, an investment research and money management company. Mr. Sagami has been managing money for more than 20 years and is one of the early pioneers in the application of technical and quantitative analysis to mutual funds and stocks. He is a featured contributor to Weiss Research’s daily e-letter, Money and Markets and monthly Safe Money Report as well as the editor of Asia Stock Alert. Prior to establishing his own firm, Mr. Sagami was managing director at W.E. Donoghue & Co, serving additionally as the director of investment. During his successful career, he also held the position of account executive at Merrill Lynch. Mr. Sagami’s views on Asian markets, specifically Chinese investments, have been featured in publications such as The Wall Street Journal, Barron’s, Kiplinger’s, Smart Money, Business Week, New York Times, Washington Post, Investors Business Daily, Bloomberg, Financial Planning Times, Mutual FundsMagazine, Chicago Tribune, and the LA Times, as well as on CNBC and CNBC Asia. Mr. Sagami holds a degree in economics from the University of Washington. |



