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DBS Aims to Grow in China and India, Cut Reliance on Singapore - Bloomberg.com

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DBS aims for Singapore to account for 40 percent of revenue in five years, from about two-thirds now, Chief Executive Officer Piyush Gupta said yesterday. Greater China and south and Southeast Asia would each account for 30 percent, he said. Gupta, 50, speaking in his first media briefing
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Trading Around the News

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First off, I believe that news announcements are almost totally unpredictable. As you may know, there is usually a "forecast" and a "previous" number listed before the news announcement is made. The market's reaction is generally based on whether the actual announcement is higher or lower
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