News

St Regis Residences penthouse sold at $15.8m loss

The sale was executed in Tokyo and took just two weeks to complete, instead of the usual eight to 12 weeks. -My Paper

S'pore employers cautious about hiring: Survey

ManpowerGroup poll shows only 16% expect Q2 staff strength to grow. -ST

'Younger workers can save enough to retire'

They must keep working, buy HDB flat within their means, says minister. -ST

Singaporeans top real-estate buyers among Asians

They account for a third of $55b region's investors spent on property worldwide. -ST
Businesses like banks, gyms can operate in some industrial areas

Businesses like banks, gyms can operate in some industrial areas

A URA circular dated Monday noted that clinics, banking halls and gyms are basic amenities that serve industrial workers' needs. -ST

China cuts bank reserve ratio requirement as growth slows

The reduction in the reserve requirement ratio (RRR) - the amount of cash banks must keep on hand - follows a similar move in early February, which was the first across-the-board cut since May 2012. -AFP

Taiwan Asian Infrastructural Investment Bank entry is 'highly probable'

Extensive negotiations were under way with Taiwan regarding the designation issue. -China Post/ANN

Skymark nears financing deal with ANA

Details such as what percentage of the company would ANA Holdings receive are still under discussion. -Japan News/ANN

Too poor to retire

With rising costs, double income households are the reality of modern living. -The Star/ANN

Choices aplenty for EC buyers this year

As many as seven new developments headed to market in coming months. -ST

China, Malaysia renew currency swap arrangement for 3 years

The swap exchanges 180 billion yuan for 90 billion ringgit. -Reuters

China fines Alibaba $170,000 for pricing violations

Some vendors have complained that discounts and cut-throat corporate rivalry undercut the benefits. -Reuters

Falling ringgit: Bigger bills, tighter belts for Malaysians

Many cut back on travel; expenses in foreign currencies go up. -ST

Wanted: Feedback on financial advisors

What consumers say will affect how they are rewarded under new system. -ST

Taxing issues: Evasion and digital economy

Tax authorities around the world are acting to address tax dodges more effectively. -ST

Strata landed homes' values 'rise fastest'

Surprising results in study of landed housing sales. -ST

Two key interest rates dip below 1 per cent

This affects mortgages and business loans. -ST

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