CPF money is your money, says Chuan-Jin

In blog post, he also explains why Minimum Sum is increasing. -ST

12 Sentosa Cove luxury villas relaunched at a discount

Developer Ximeng Land giving 5% discount for remaining 12 luxury villas on Pearl Island. -BT

Living next door to mum on the cards

The Government must do more to help families to live close to each other, Mr Khaw said, and sought public feedback about giving them priority and grants in getting their flats. -My Paper

Buyers snap up Panorama condo units

Success of relaunch at Ang Mo Kio a matter of pricing it right, say analysts. -ST

Asian millionaires turn to independent wealth advisers

A growing number of Asia's millionaires are turning to independent wealth advisers, who offer professional advice for a fee. -AFP

Facebook beats Wall Street targets, stock hits record high

Facebook Inc's fast-growing mobile advertising business helped drive a 61 per cent increase in revenue during the second quarter. -Reuters

MAS says economy on track for 2-4 pct growth

The MAS expects core inflation to be higher than the historical average of 2 per cent. -Reuters

Asia shares supported by upbeat China factory survey

The HSBC flash PMI came in at 52.0 for July, well above forecasts of a small rise to 51 in July and the highest reading in 18 months. -Reuters

MAS to help consumers access simple, lower-cost investment products

Singapore's regulators will make it easier for consumers to buy simple, lower-cost investment products. -ST

5 more tycoons join Singapore's billionaire club

They include property magnate Chua Thian Poh and Hotel 81 founder Choo Chong Ngen. -AsiaOne

Cooling HDB resale market: Not time to boost demand

The cooling demand for resale Housing Board flats has put some sellers in a quandary. -ST

American Apparel appoints RadioShack CEO to board

An agreement with Standard General, which has promised the company $25 million of support, led the retailer to reconstitute its board. -Reuters

S. Korea growth slows as ferry tragedy hits demand

Gross domestic product rose a seasonally adjusted 0.6 per cent in the April-June period from the previous quarter. -AFP

Agents fight for turf in Iskandar

Malaysian agents are upset that their Singapore counterparts are muscling in on their market. -My Paper

Best job? Or just a good marketing ploy?

A new ploy in the travel industry may be popular, but experts warn that the gimmick could lose its power if it gets overused. -My Paper

STI up on Wall Street gains

The Straits Times Index rose 23.79 points or 0.72 per cent to 3,340.7, its highest close since May 29 last year. -ST

S'pore may see $11b more in M&A deals this year

The deals have been in diverse sectors, all priced at high premiums compared to the target companies' prevailing valuations at the time. -BT