Singapore property prices rising to dangerous levels
Property prices in Singapore, generally accepted as already being too high, are set to rise again, according to the country's central bank... It says that low borrowing costs and excess liquidity globally may push the island's property prices higher again, setting back government efforts to cool the market. There is a risk that...
Singapore Air Cargo to pay US$48m in fine for felony charge
A one-count felony charge was filed in federal court today accusing Singapore Airlines Cargo Pte Ltd of helping fix prices between 2002 and 2006. Singapore Airlines Cargo Pte Ltd has agreed to plead guilty and pay a US$48 million criminal fine for its role in a conspiracy to fix prices, according to a statement by the U.S....
Lee Kuan Yew calls N.Koreans ‘psychopathic’
Singapore's founding father Lee Kuan Yew called North Koreans "psychopathic" and leader Kim Jong-Il a "flabby old chap" who craved public worship, a US diplomatic cable released by WikiLeaks said. In the document detailing a conversation between Lee and US deputy secretary of state James B. Steinberg in May last year, Singapore's...
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