, Columnists
Singapore Exchange Buys Flashy London Address
What Singapore needs is an equities market that can excite both its aging population and global companies.
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What does Singapore's bourse hope to get out of its takeover of the Baltic Exchange?1464258559420
On the face of it, a lot. Faced with stagnating revenues from its securities business, Singapore Exchange has been looking to diversify its revenue base. But since its attempt to purchase Australia's ASX was blocked by that country's Treasurer in 2011, its only completed takeover has been the city-state's energy-trading platform from the government in 2014.