U.S. oil slumps as China threatens duty on U.S. crude imports

SINGAPORE (Reuters) - U.S. oil prices slumped on Monday after China threatened duties on American crude imports in an escalating trade dispute with Washington. U.S. West Texas Intermediate (WTI) crude futures were at $63.84 a barrel, down $1.22 ... ( read original story ...)

Singapore private home prices may surge 20% this year: Savills

Property consultancy Savills reckons that private home prices here may rise 15 to 20 percent for the whole of 2018 – up from its previous forecast of between 12 and 15 percent, reported Singapore Business Review. It raised its estimates after 22 units ... ( read original story ...)

Nirav Modi sought Singapore residency

MUMBAI: Diamond merchant Nirav Modi wanted to obtain the status of Singapore Permanent Resident (SPR) after he decided to flee India and had submitted an application for the same with the Singapore authority. However, he was unable to get SPR status as CBI ... ( read original story ...)

Plot to import 300kg of cocaine busted

A plot to import 300kg of South American cocaine into Australia has been thwarted. Two men were arrested after raids in Sydney for allegedly conspiring to bring the drugs into Australia from Peru via Singapore and Papua New Guinea. They are expected to be ... ( read original story ...)