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Weekly Asia News (Friday)

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Singapore’s UOB becomes first Eurex Clearing member in Asia

Singapore’s United Overseas Bank (UOB) has joined Eurex Clearing, becoming the first Asian member of the derivatives marketplace and clearing house. UOB can now clear business of Asian and international Eurex trading members and provide the respective services to them.

Short selling on the rise in Hong Kong

With China having just announced the highest inflation levels in 34months and fervent speculation that further monetary tightening will be needed, short selling

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