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    ING taps Temasek exec as Asia financials head

    HONG KONG: Dutch financial services firm ING said on Monday that it hired Mathew Welch from Singapore state investment agency Temasek Holdings as managing director and head of financial institutions for Asia in its wholesale banking group.

    Welch, who will be based in Singapore, was managing director in the investment group at Temasek, focusing on financial institutions.

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    Indo-US relationship is very important for Obama: Saran

    NEW DELHI: Describing the US election outcome as “a generation change”, Former Foreign Secretary Shyam Saran on Wednesday said the Indo-US relationship is very important to US president-elect Barack Obama.

    “He had written a very nice letter to Prime Minister Manmohan Singh in September saying he would vote in favour of the Indo-US nuclear agreement and assured his full support to it,” the PM’s special envoy Saran said today in an interview to NDTV.

    Attaching great importance to the Indo-US relationship Obama said he would like to work together with India on various other shared interests as the President of the US, Saran said.

    Obama talked about not only shared values but also about shared interests, he added.

    “At least the sentiments expressed in that letter make me believe that infact this presidency would be another interesting and a very positive chapter in Indo-US relations,” Saran said.

    Update: November 30th, 2008
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