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Financials are sound, but watch growing debt: MAS
Singapore's financial markets and banking system have stayed resilient amid muted economic growth, but growing debt among companies and households, and elevated property prices, continue to warrant...
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ITE training model draws overseas interest
Even as Singapore looks at improving the prospects of its Institute of Technical Education (ITE) graduates, others are looking to it for help in improving vocational training, drawn by its high-quality...
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Fewer buying overseas homes as rate hike looms
A sobering mix of property curbs, a softening economy and the prospect of higher interest rates seems to have cooled the Singaporean fervour for property, both at home and abroad.On the home front, the...
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Bakeries hit as egg prices rise again
It's the season for Christmas logcakes but bakeries and eateries here have been hit by yet another rise in the price of fresh eggs.Prices have risen by as much as 10 per cent after the previous hike...
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Trans-Cab to have another go at listing
Trans-cab boss Teo Kiang Ang blew over $1 million on the firm's aborted initial public offering (IPO), but has shrugged off the episode as a lesson learnt as he prepares for a comeback, likely in...
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Rise in private home resale prices 'not sign of recovery'
Resale prices of private non-landed homes inched up last month after slumping in September, according to numbers out yesterday.Flash estimates from the National University of Singapore's residential...
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Modi govt's reforms 'offer opportunities for S'pore firms'
The new Indian government's economic reforms should create opportunities for Singapore companies, particularly in the area of urbanisation, said Mr S. Iswaran yesterday.The Second Minister for Trade...
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S'pore hailed as financial tech capital of Asia
London Mayor Boris Johnson believes Singapore and the British capital can both reap big rewards by collaborating in the white-hot area of financial technology.The flamboyant politician outlined his...
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Courts boss surprises customer on her birthday
Madam Joyce Chia was celebrating her 41st birthday when Mr Terry O'Connor, group CEO of Courts Asia, personally delivered furniture to her.She was one of the lucky winners of the Courts CEO Delivery...
View ArticleAustralian city home prices mixed in November: RPData
SYDNEY - Home prices across Australia's capital cities showed markedly varying fortunes in November with a sharp fall in Melbourne overshadowing continued strength in Sydney, an industry survey showed...
View ArticleHSBC says UK directors did not quit due to jail threat
LONDON - Two directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to...
View ArticleBlack Friday sales down as shopping habits change
WASHINGTON - Consumer spending during America's Thanksgiving weekend dropped compared to last year, but the decline can be attributed to an improving economy and changing shopping habits, a survey...
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7 things to look for in an agent
Corporations employ investment bankers to help them acquire other companies.Bankers are experts in valuing companies and negotiations. Real estate agents are no different.A smart homeowner will take...
View ArticleJapan annual wage gains slow, boding ill for Abenomics
TOKYO - Japanese wage earners' total cash earnings in October rose at the slowest annual pace in eight months and real wages fell for 16 months in a row, posing a challenge to Prime Minister Shinzo...
View ArticleChina starts trial of property register: State newspaper
SHANGHAI - China has started to trial a property-registration system in various cities and is expected to launch the scheme nationwide next year, the state-owned China Securities Journal reported on...
View ArticleForeign investors expecting adjustments to Taiwan's stock market
Foreign investment analysts fear that the stock market will make a downward adjustment in the short term, as the ruling Kuomintang (KMT) encountered a heavy defeat in the national elections on...
View ArticleCyber Monday sales start slow as early discounts hurt
NEW YORK - US online sales grew a smaller than expected 8 per cent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the...
View ArticleBoosting Taipei to surpass Singapore in eight years: Taipei mayor-elect
TAIPEI, Taiwan - Taipei mayor-elect Ko Wen-je (柯文哲) yesterday expressed his determination to boost Taipei's development and surpass Singapore within eight years.Ko made the remarks during an interview...
View Article3 Samsung mobile biz executives to resign
Top executives at Samsung Electronics' mobile business unit will step down to take responsibility for the sluggish mobile business this year, according to sources Monday.Market watchers had expected...
View ArticleSons of S. Korean conglomerate owners step up influence
Tension is riding high in the nation's corporate world as the majority of South Korean conglomerates are set to announce their annual personnel reshuffles this month."Unlike previous times, Korea will...
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