G20 emerging economies welcome Fed policy transparency
CAIRNS, Australia - G20 finance chiefs promised Sunday to "clearly communicate" their monetary policy actions "in a timely way", as emerging market member nations welcomed the US Federal Reserve's...
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Balestier gains investors’ favour with good location
BALESTIER'S unsavoury reputation as a red-light district seems a thing of the past.Investors are now closing in on the area thanks to rejuvenation efforts and the nearby fast-growing Novena medical...
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Complying with the 20-cent MTP rule
MAINBOARD-LISTED companies failing to meet a new 20-cent minimum trading price (MTP) threshold are likely to undergo a share consolidation to retain their listing status, market observers say.They note...
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Developer has faith in St Patrick’s project
DESPITE the gloom in the residential property market, developer UOL Group is confident of moving units at its latest East Coast development, 70 St Patrick's.Mr Liam Wee Sin, president (property), told...
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K Box leak a wake-up call for businesses
CONSUMERS often part with personal information to get members-only perks. But the parting can be painful - when personal data is leaked and made public, as in the case of over 300,000 members of...
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Little known facts about e-commerce giant Alibaba and its founder Jack Ma
Alibaba Group Holding's initial public offering Friday on the New York Stock Exchange looks set to make it as one of one of the largest IPOs ever. Alibaba founder Jack Ma will shoot him into the ranks...
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New survey gives snapshot of typical retiree households
A typical retired household here draws a monthly income of $1,735, half of which comes from investments and contributions from family members or friends.A retiree household living in a three-room flat...
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'Income gap closing but poorest may not feel impact': Observers
Experts welcomed the news that the income growth gap between rich and poor has narrowed in the past five years but also questioned the extent to which the lowest-income earners are better off.The four...
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Household incomes up, with bottom 20 per cent seeing fastest rises
Households here enjoyed rising incomes across the board over the past five years, with the bottom 20 per cent experiencing the fastest pace of growth.Residents here are also spending more every month...
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Plants are his company
"Hibiscus, ixora, dalbergia."These are some plant names Mr Eliam Eng would rattle off while travelling on the roads, identifying each as he goes by."My friends ask me if I am ever lonely, since I...
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Let's open door to short-term rentals
When I visited the Icelandic capital Reykjavik this summer, I did something that would be illegal in Singapore.Two friends and I rented a room in the heart of the city for a night, choosing and booking...
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That singular sensation
Ms Laura D'agostino, 26, is a busy New York City professional who has no time for a relationship.The broadcast associate with a bachelor's degree in communications works from 6pm to 4am five days a...
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Fed decision unlikely to rock Singapore's boat
It was a nervous week for investors worldwide as they kept a close watch on the United States Federal Reserve's regular meeting on monetary policy.Punters here also kept their eyes peeled for signs of...
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STI dips on regional slump
SINGAPORE - Slumping stock markets across the region sent Singapore shares in the same direction yesterday, as investors await data that could provide more evidence of a slowdown in China.The benchmark...
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OCBC rights issue closes with 171.5% subscription
SINGAPORE - A rights issue launched by OCBC Bank last month has received an overwhelming response, closing with a subscription rate of 171.5 per cent.The bank had launched the $3.3 billion rights issue...
View ArticleDevelopers: New Selangor property rules will have minimal impact, buyers differ
PETALING JAYA- Various stakeholders in the property sector hold divergent views on the new set of guidelines governing property purchases by foreigners in Selangor, with some believing it will prevent...
View ArticleMotivation tips for self and bosses
SINGAPORE - Being motivated at work is beneficial - for both the individual and the company. Motivated individuals are typically happier, more efficient and perform better than their unmotivated...
View ArticleForeigners sell M'sian shares, $249 million flows out
PETALING JAYA- Net foreign selling in Malaysian equities intensified in the week ended Sept 19, with the market registering its biggest outflow since March this year, amid concerns over the timing of...
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How much are S'poreans saving?
SINGAPORE - A treasure trove of data was published last week when the Department of Statistics released the results of its latest Household Expenditure Survey, held once every five years.What are the...
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STI rises on strong China data
Singapore shares bucked the downtrend afflicting most of the region yesterday, ending a shade higher thanks in part to an unexpectedly strong Chinese manufacturing report.The key Straits Times Index...
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