Currency controls in China, S’pore, Taiwan cause global problems
China and other nations are causing global problems by preventing their currencies from strengthening, Ben Bernanke says. The chairman of the US Federal Reserve is firing back amid criticism at home and abroad of the Fed's easy-money policies, arguing that China and emerging and developing countries were holding back their currencies...
Singapore on track for record real estate sales in 2010
Attempts to curb the red hot property market in Singapore don’t seem to be working as the latest figures shows that a higher than expected number of private properties were sold in October. The city state’s Prime Minister Lee Hsien Loong has said that property market was a matter of concern and needed careful monitoring...
COE prices at 10-year high
Prices of Certificates of Entitlement (COE) shot up to a 10-year-high for all car categories on Thursday, as taxi companies expand their fleet and motor traders rushed to meet annual sales targets ahead of a possible quota cut in February. The COE price for cars up to 1,600cc climbed to $39,000, up 14.7 per cent from two weeks...
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