
Singapore April Inflation Rate Up as Housing Costs Soar
Singapore inflation hit a slightly higher-than-expected 5.4 percent in April, increasing the chance that it may exceed a government forecast for the year and putting pressure on the central bank to keep a tighter monetary policy. A Reuters poll of 12 economists had forecast a rise of 5.3 percent. In March, the year-on-year inflation...

50% of Austrialians want an end to immigration
This file photo shows Australia-bound asylum seekers, intercepted by Indonesian authorities from a tanker in Merak port in April. Some 50 percent of Australians want an end to the nation's immigration programme because they believe the country has too many people. (AFP, 22 May) - Some 50 percent of Australians want an end...

France Hollande: Ayrault government takes pay cut
France's new cabinet (PHOTO: BBC) France's new government has held its first cabinet meeting and announced a 30% pay cut for President Francois Hollande and all his ministers. A campaign promise, the cut reduces Mr Hollande's monthly salary from 21,300 euros to 14,910 (£12,000; $19,000). The cut contrasts sharply with...
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