Half of US Congressional politicians are millionaires
Republican Congressman Darrell Issa is the wealthiest member of Congress, with a net worth upwards of $598m. (10 Jan) - For the first time, half of the members of the US Congress are millionaires, according to a wealth analysis. At least 268 of the 534 politicians in the Senate and House of Representatives had a net worth of...
Singapore looks to curb hiring of expats
(MUMBAI, 10 Jan) - Singapore has joined the bandwagon of protectionist regimes when it comes to employment of foreign workforce. A revised monthly salary structure for expats has already kicked in. Further, from August, those wishing to hire expats will need to first advertise for local (Singaporean) employees. Indian companies...
When will Singapore roll back property curbs?
It seems Singapore's efforts to reign in property prices are finally paying off. So, is it time for the government to start relaxing its tightening policy? CNBC's Julia Wood reports. (9 Jan) - With cracks beginning to emerge in Singapore's housing market following multiple rounds of cooling measures, questions are...
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