Tag Archives: European Union

SGX MULLS REINSTATING LUNCH BREAK. WHY IS THIS NEWS!

Now, they are revisiting the issue of having a lunch break for the Singapore Exchange again. The last time, back in 2011, authorities scrapped the lunch break and implemented continuous all-day trading (CAT) for its equities market. This had then caused an uproar, as after all, traders are humans too, and they do need to eat. But, things actually went swimmingly good in the six years it has been in operation and without dire consequences, there is no necessity for SGX to revisit this issue. The traders are not starving after the ban, and SGX better will not increase the current paltry trading volume, neither will it reduce it.

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BREXIT: IN 2012, LEE KUAN YEW FORESAW THE FAILURE OF EUROPEAN UNION

In an interview with German newspaper Die Zeit in 2012, Lee Kuan Yew was asked his opinions of the European Union. The Die Zeit reporter asked: Is the European Union that we have today not a great achievement and an inspiration for other regions in the world, despite all its flaws? In response, Lee Kuan Yew made this bold claim, he predicted that the European Union would probably fail. This is his reply in full.

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