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Singapore private home prices fall 4 per cent in 2014
SINGAPORE - Prices of private residential properties have decreased by 1.1 per cent in the fourth quarter of 2014, higher than the 0.7 per cent decline in the previous quarter.This is the fifth...
View ArticleKeppel Corp says receives requests to delay two projects
SINGAPORE - Singapore's Keppel Corporation Ltd, one of the world's largest offshore drilling rig builders, said on Friday it had received requests to delay the delivery of two offshore and marine...
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5-room unit first to hit $1 million mark at Pinnacle@Duxton
SINGAPORE - A five-room Pinnacle@Duxton unit above the 40th floor of the premier Housing Board project was sold for $1,028,000 this week, according to information from the Singapore Real Estate...
View ArticleEuro under pressure in Asia after plunging on ECB stimulus
TOKYO - The euro was on Friday close to its lowest levels in more than a decade after the European Central Bank launched a vast bond buying programme aimed at kickstarting the eurozone economy.The...
View ArticleLi Ka-shing’s Hutchison says in talks to buy Britain’s O2
HONG KONG - Hong Kong tycoon Li Ka-Shing's Hutchison Whampoa said Friday it is in "exclusive negotiations" to buy mobile phone giant O2 for up to $15.4 billion (S$20.5 billion), in a deal that would...
View ArticleAsia stocks surge on ECB move, oil jumps on Saudi king death
HONG KONG - Asian equity markets rallied Friday after the European Central Bank announced a huge cash injection to kickstart the eurozone economy, while crude prices surged on news the monarch of oil...
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JTC revamps industrial property indices
Singapore's main industrial landlord JTC Corporation has made sweeping changes to the way it compiles closely-watched data on the sector for the first time in 15 years.The idea is to better reflect...
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Fewer housing agents join industry
Fewer property agents are entering the industry in the midst of a cooling property market.More are also letting their licences lapse, according to figures from the Council for Estate Agencies.As at Jan...
View ArticleA-Reit's Q3 distributable income up 1.6 per cent
An improvement in occupancy rates and higher rent increases lifted the distributable income at Ascendas Real Estate Investment Trust (A-Reit), though it warned of a challenging operating environment...
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Real estate agents forgoing licences as market cools
A cooling property market has deterred real estate agents from entering the industry - and more are choosing to let their licences lapse, figures from the Council for Estate Agencies revealed...
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Rent hikes, renovation work boost Suntec Reit's Q4 earnings
Rent inncreases and the completion of some major renovation work boosted Suntec Real Estate Investment Trust's (Suntec Reit) earnings in the fourth quarter.The trust posted a distributable income of...
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STI up for a fourth day, buoyed by QE hopes
Shares ended in positive territory for a fourth straight day, ahead of a crucial decision by the European Central Bank (ECB) on monetary stimulus measures.The Straits Times Index (STI) added 15.8...
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Rig builder Keppel upbeat despite slump in oil prices
The slump in crude oil prices and a projected oversupply in rigs may weigh on rig builder Keppel Corp, but its yards will be kept busy this year and the next, it said yesterday.Global consumption of...
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10 coolest offices around the world
If you think offices are boring dull spaces where employees hunch over their desktops in lonely cubicles, think again.From futuristic walkways to bold coloured facades, these workspaces are not only...
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4 ways to handle your new job like a pro
Starting a new job can be intimidating with an unfamiliar environment and a whole different office culture.Your first week may be overwhelming with the barrage of new information and systems, and...
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Indonesia, Philippines economies expected to grow 6 per cent
TOKYO - The economies of Indonesia and the Philippines are projected to grow further this year thanks to the strong US economy, falling crude oil prices and other factors, according to an economic...
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Philippine casino operator plans leisure complex in South Korea
MANILA - Bloomberry Resorts has moved to purchase properties in South Korea in what could be the Philippine casino operator's first offshore expansion.Bloomberry told the Philippine Stock Exchange on...
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Thai Airways selling aircraft and slashing routes to uncertain effect
BANGKOK -- Ailing national flag-carrier Thai Airways International won approval on Monday from the military government to slash loss-making routes and sell uneconomic aircraft as part of a drastic...
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