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Archive for the ‘Snippets’ Category
Has Singapore’s property bubble already burst?

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

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... 

Bad loans surge at China’s biggest banks

Bad loans surge at China’s biggest banks

(30 Oct) - Bad loans at China’s biggest banks rose at the fastest pace in at least seven years during the third quarter as a slowing economy squeezed corporate borrowers. Analysts said the fall in asset quality was manageable. Industrial & Commercial Bank of China and China Construction Bank, the country’s two biggest... 



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