Tharman: SG’s home prices need to decline further
Singapore’s private home prices fell 0.7 percent in the three months ended September, the fourth quarter-on-quarter drop, bringing the slide in the past year to almost 4 percent. (Oct 29, 2014) - Singapore's longest stretch of property price declines since the global financial crisis may not be enough to prompt the city...
Has Singapore’s property bubble already burst?
Roslan Rahman | AFP | Getty Images (28 Oct 2014) Despite dire predictions of sharp drops, Singapore's property prices don't seem to have budged much, but statistics may mask a market already in deep decline. The official price index data appear largely benign, down just 0.7 percent in the third quarter, for a cumulative...
China picks SGD as 9th currency to directly trade against yuan
Singapore and China trade relations to get a boost (October 27, 2014) The China Foreign Exchange Trade System (CFETS) has said that the People's Bank of China has approved direct trading of the Singapore dollar against the Chinese yuan on the interbank market. Analysts say that the move will help China to diversify its huge...
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