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Stocks

Singapore Exchange eyes higher returns from cash pile

Bourse operator to expand foreign-exchange, fixed-income products

SINGAPORE (Nikkei Markets) -- Singapore Exchange is looking for ways to better deploy its huge cash holdings and might consider parking excess funds in riskier assets to generate better returns, its chairman said.

Kwa Chong Seng was speaking at the bourse operator's annual general meeting on Thursday, where the board faced questions about SGX's stagnant earnings over the past five years.

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