Goldman Optimistic About Crude Market Rebalancing

the investment bank noted. Data out of the US, Europe, Singapore and Japan point to overall inventory declines of 83 million barrels since March, according to Goldman's data. Robust demand in particular has sent spot prices outperforming two-year forward ... ( read original story ...)

Is Singapore’s Property Slump Finally Ending?: QuickTake Q&A

Singapore home prices have ground steadily lower since reaching a record in 2013, when the government imposed the last of a slew of measures to cool a red-hot market. Authorities in the Southeast Asian island-state loosened some of those restrictions in ... ( read original story ...)

MAS warns against property related blockchain platforms

With two Singapore ‘proptech’ companies – FundPlaces and Reidao – turning to blockchain platforms to create property-backed tokens that can be acquired by investors, the Monetary Authority of Singapore (MAS) issued a caveat emptor (“Buyer ... ( read original story ...)

Property tycoons continue to top Singapore’s 50 Richest list

For eight consecutive years, property brothers Robert and Philip Ng of Far East Organisation retained their top spot in Forbes Asia’s Singapore Rich List, with their fortune at US$9.4 billion (S$12.8 billion) this year. They were closely followed by ... ( read original story ...)

Industrial property market in doldrums

Singapore and South- east Asia, said that demand was largely made up of renewals and relocations. "A combination of supply overhang and lacklustre demand continues to exert downward pressure on rents for most industrial property segments," he noted. ( read original story ...)

LVS posts 62pct jump in 2Q profit on Macau, Singapore

The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm said on Wednesday. The group’s consolidated net revenue increased 18.6 percent to US$3.14 billion. Group-wide consolidated adjusted property ... ( read original story ...)

These Asian banks are set to gain on a property boom

"Given the significant weight of [the housing loans] segment, the Singapore banks will benefit from a stronger Singapore mortgage system loans growth," Teong told CNBC, adding that he expected local banks to gain market share against international and non ... ( read original story ...)

Bank of China to release Sheng Siong credit cards

These contactless cards offer 12% cash rebates. As part of efforts to drive Singapore's cashless agenda, the Bank of China Singapore Branch (BOCSG) and local supermarket chain Sheng Siong launched a new contactless credit card that offers up to 12% cash ... ( read original story ...)

Deutsche Bank : Singapore wins at Enabling Employers Awards

Deutsche Bank Singapore's efforts to increase participation in the workplace by people with disabilities was commended by Singapore's SGEnable, a government agency dedicated to enabling people with disabilities. The bank won the Achievement Award ... ( read original story ...)

Singapore stocks spring higher as lenders advance

Singapore stocks rose on Tuesday, led by gains in lenders such as OCBC Bank and DBS Group Holdings. The Straits Times Index rose 0.53 percent or 18 points to 3,328. It ended 0.1 percent lower on Monday, taking the year-to-date gains to 15 percent. ( read original story ...)