News
Banks’ non-performing loans ticked up as ultra-rich homeowners default
Banks’ non-performing loans ticked up as ultra-rich homeowners default
Outstanding housing loans grew 6% in September.
Real income growth drops to a measly 0.4% in 2014
It was weighed down by higher inflation.
Port operators shun mega-carriers on back of crippling construction costs
These ships are draining public funds.
Luxury condo prices inched up 0.6% in October
Following a 0.6% decline in September.
Employment hits record high as women, older residents flood the workforce
Over 6 out of 10 older residents are now working.
Tigerair shareholders approve sale of Australia stake, $234m rights issue
Over 1 billion new shares will be issued.
Cash flow woes mount for Asian firms as credit quality deteriorates
Complex payment methods are also a cause for concern.
Unhappy campers: Half of Singaporeans slammed their travel rewards programmes
It’s one of their biggest factors before making a travel purchase.
Bank earnings to plunge if Fed fails to hike rates
DBS is the most vulnerable.
Average rents for Marina Bay offices to breach $14 psf per month in 2015
Singapore to experience the lowest fall in the region.
Keppel Land to buy 43.2 million shares in Keppel DC REIT
It makes up 4.9% of the total issue.
MAS reprimands HSBC for breaching financial advisers act
Due to two unauthorized representatives.
Oilfield bonds are worst performers this year as fuel crashed 30% since June
Firms such as Swiber and Ezra Holdings are in the red.
Daily Briefing: Can Singapore's dull property market support more listing sites?; Starhub working to restore fibre services
And shisha ban kicks in today, according to MOH.
Chart of the Day: Measures to curb household debt and healthcare costs taking toll on Singapore’s inflation
As forecasts have been lowered from as high as 2.8% to 1.1%.
Daily Markets Briefing: STI down 0.3%
Another pullback is likely today.
MAS deeply concerned over Singapore banks’ rising offshore lending
Are Singapore banks secure?
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