More foreigners shun Singapore property
More foreigners shun Singapore property Permanent residents (PRs) and other foreigners are buying up fewer private residential properties in Singapore as a result of the government’s stringent cooling measures. Based on DTZ’s caveats analysis, the number of private homes purchased by PRs and foreigners dropped for a second...
Is A Housing Bubble On Singapore’s Horizon?
Last Monday, on 15 July 2013, it was reported by the Moody’s Investors Service that they have “changed the outlook for Singapore’s banking system to negative from stable, owing to the recent period of rapid loan growth and rising real estate prices in Singapore and in regional markets where Singapore banks are active....
India to call on millions of non-residents to defend rupee
Rupees NEW DELHI, Mon Jul 22 (Reuters) - India is considering calling on its millions of non-resident citizens to help reverse a record slide in the rupee and does not favour the idea of a global sovereign bond at this time, senior government officials told Reuters on Monday. However, the government strongly denied having ruled...
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