Housing prices far above average incomes
HA NOI - Housing prices in Viet Nam are still too high in comparison with people's average income, said Tran Ngoc Quang, general secretary of the Viet Nam Real-Estate Association.Quang said this during...
View ArticlePoor conditions discourage big investors in Da Nang
Opinions were raised at a review meeting on investment promotion last week, focusing on how to remove barriers and create favourable conditions to boost investment this year.A report from the city's...
View ArticleTelefonica sells O2 to Hutchison Whampoa for ￡10 bn
MADRID - Spain's Telefonica said Tuesday it would sell British telecom giant O2 to Hong Kong group Hutchison Whampoa for ￡10.25 billion in a deal that could create Britain's biggest mobile phone...
View ArticleWho are the oldest superrich in Korea?
As people's life expectancies are becoming longer and longer, there are expected to be more superrich who live to 100.The Superrich Team found six billionaires in South Korea who in their 90s.The...
View ArticleHong Kong millionaires' club shrinks in 2014
Hong Kong is home to at least 56,000 multimillionaires - slightly less than 1 per cent of the total population - holding more than HK$10 million (S$1.8 million) each in liquid assets, says a new...
View Article3 money myths to avoid at all costs
Myths are very troublesome because they're hard to dispel. What's worse - if a myth crosses over from the realm of obscurity and becomes mainstream "belief," that's when the trouble starts.The sad...
View ArticleGovt to offer Singapore Savings Bonds to retail investors
The Government and Monetary Authority of Singapore (MAS) will introduce the new Singapore Savings Bonds (SSB), a type of Singapore Government Securities (SGS) for local individual investors, Senior...
View ArticleUS caught off guard by success of new China-led bank
WASHINGTON - The success of the new China-led development bank has caught the United States off guard, after it fought the project and now finds itself increasingly isolated.Britain, Germany, France......
View ArticleTurkey says Iraqi oil deliveries total 47 million barrels, worth $4.1 billion
ISTANBUL - Turkish Energy Minister Taner Yildiz said on Thursday oil deliveries from Iraq via Turkey since the beginning of last year now total 47 million barrels, worth about US$3 billion (S$4.11...
View ArticleGerman real wages post record 1.7 per cent increase in 2014
BERLIN - German real wages posted their largest increase in 2014 since the data was first collected in 2008, Germany's statistics office said on Thursday, in the latest positive sign for private...
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3 values from home ownership, a legacy of Mr Lee Kuan Yew
One of Mr Lee Kuan Yew's greatest legacies is home ownership. He believed that home ownership is a key pillar of a strong society.His leadership has guided the creation of one of the most vibrant...
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STI up as Yemen conflict escalates
Oil- and gas-related stocks powered much of the turnover on the local market after Saudi Arabia and its allies started bombing targets in Yemen.The benchmark Straits Times Index closed 12.57 points or...
View ArticleManufacturing output down 3.6 per cent here
Singapore's manufacturing output declined 3.6 per cent last month on a year-on-year basis, and some economists expect more headwinds for the country's manufacturing sector.Excluding biomedical...
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New govt bonds for retail investors
A new type of government bond will debut here as part of a move to make low-cost investment options more widely available to retail investors.The Singapore Savings Bonds (SSBs) will be launched by the...
View ArticleBrent crude rises amid supply fears
LONDON - Brent crude oil pared early gains but still rose more than 4 per cent towards US$59 a barrel yesterday, after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen.The air...
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