Singapore’s property market in a standoff
(15 April) Singapore's property market has entered a standoff between bargain-seeking buyers and developers sticking to their pricing guns, with March's new home sales dropping 83 percent from a year earlier. "Buyers think they can have their cake and eat it," said Alan Cheong, senior director for Singapore at Savills Research....
Singapore dollar most vulnerable to US rates
(14 April) Singapore’s dollar has emerged as Asia’s most-vulnerable currency to prospects of higher U.S. interest rates, driving a gauge measuring the relationship to a record high. The CHART OF THE DAY tracks the Singapore dollar and the benchmark U.S. 10-year yield since April 1995. The lower panel shows the 240-day...
In SG, your private data is sold for 1/3 cent apiece
One Singapore centFor about one cent – or 1.2 Singapore cents to be exact – I can buy your name, home and email address, mobile number, and shopping history from a broker – all stolen without your knowledge. And you’re not alone. Tons of customer data can be bought for a dirt cheap price, with 300,000 names going for...
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