TR EMERITUS

(9 April)   Singapore state investment firm GIC Pte Ltd will buy a Tokyo property from U.S. investment fund Lone Star Funds for some 134 billion yen ($1.3 billion), the highest price since Japan's real estate market recovery accelerated last year, three people with direct knowledge of the sale told Reuters. Lone Star had put... 

A woman pays a vendor for her purchases at a market in the Redhill area of Singapore. Escalating living costs, rising wages and curbs on foreign workers remain threats to Singapore’s growth. (Photo: Nicky Loh/Bloomberg) (8 April)   The Monetary Authority of Singapore will probably keep favoring modest currency gains as it... 

The lobby of the Singapore Freeport, one of many top-end, tax-free warehouses where the rich are stashing their luxury items. (CNN, 8 Apr) - The rich are on the hunt for secure, tax-free places to stash their fine art and luxury items, fueling a surge in demand for top-end warehouses known as freeports. These gigantic storehouses...