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WEEKLY NEWS |  06 FEBRUARY 2023 | 184


Feature News
DBS Spring Festival 2023

DBS brought back its Spring Festival event in 2023 after a 2-year break due to COVID-19 restrictions.  This year event was held at Sands Ballroom in Marian Bay Sands on 31 January 2023.  It was an evening of fun networking, merry exchanges......

Economy News
Australia Dec retail spending nosedives in warning for economy

SYDNEY, Jan 31 (Reuters) - Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and sky-high inflation finally sank spending, an economic shock that may lessen the need for much more policy tightening.

     Retail sales fell 3.9% in December from November, after 11 months of consecutive gains, Australian Bureau of Statistics (ABS) data showed on Tuesday, suggesting that rate hikes so far are working as intended.

      That also marked the biggest drop since August 2020 when parts of the country were under a lockdown......

Baghdad ( – Iraq and France signed a memorandum of understanding (MoU) on fighting corruption. The agreement was signed in Paris by the heads of the French Anti-Corruption Agency and the Iraqi Commission for Integrity.

      Several sections of the MoU dealt with how the two nations would cooperate to fight corruption. These sections covered recovering stolen and

smuggled Iraqi money before and after 2003, extraditing wanted people in corruption cases, fighting money laundering, and exchanging information to investigate corruption crimes and stop their spread......

Compliance News
Iraq, France sign MoU on combating corruption
India's Adani dollar bonds edge higher after sharp dive
Money News

SINGAPORE, Jan 31 (Reuters) - Dollar bonds issued by entities of India's Adani Group rose on Tuesday after a sharp dive in the past few days following a scathing report by a U.S. short seller ......

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