Tag: mortgage

SINGAPORE, March 20 Singapore's central bank said on Monday it has asked the Singapore Exchange to enhance its recovery processes following an investigation into a trading disruption in July last year. At the time, trading in the securities market was ... ( read original story ...)

COUNTRIES in the region that imposed property cooling measures at around the same time are not likely to be relaxing them almost simultaneously due to differing economic conditions. Singapore had slightly lowered the property seller’s stamp duty and ... ( read original story ...)

After a six-year battle, a “mortgage prisoner” has secured a £29,000 refund from Bank of Scotland for overpayments it admits he should not have been forced to pay. Philip Pantelouris, 56, has been fighting the lender, which is part of Lloyds Banking ... ( read original story ...)

However, it noted that the impact of rising mortgage rates will be mitigated by hopes that the Singapore government has started a gradual process to unwind property measures. Meanwhile, JLL explained that the government has significant capacity to loosen ... ( read original story ...)

(Bloomberg) -- Singapore’s recovery from a contraction last year may give the central bank little incentive to adjust its policy stance next month as it monitors the impact of higher U.S. interest rates. The Monetary Authority of Singapore, which uses ... ( read original story ...)

Home owners in Singapore can expect to pay a higher monthly instalment on their housing loans, on the back of a rate hike by the United States Federal Reserve. The US central bank raised its benchmark federal fund rate - the rate banks charge each other ... ( read original story ...)

With a total asset of $322.8 billion USD, the DBS Bank of Singapore is Southeast Asia's largest bank. A signboard outside the DBS Bank, the largest bank in Southeast Asia. The banking sector in Southeast Asia has outperformed the global banking sector ... ( read original story ...)

In the wake of a recent breach of the Singapore Ministry of Defense's I-net system, which provides internet access to military personnel and other employees for their personal communications, the ministry has unveiled a cyber defense strategy to help guard ... ( read original story ...)

PHOENIX — This just in: Singapore was no fluke. Michelle Wie owns a share of the lead at the Bank of Hope Founders Cup after a smoking 7-under 65. The former prodigy and Nike fashionsta posted a couple late bogeys on her front nine and made the turn ... ( read original story ...)

Singapore's largest listed property firm is broadly welcoming revisions to the city-state's property cooling measures after more than 3 years of sinking prices. "Together with the government's policies to support population and economic growth, such ... ( read original story ...)

Blockchain is best known for underpinning trading involving the digital currency bitcoin, but it has many other potential uses. Broadly it is a shared digital ledger for recording information, such as the transfer of assets between two or more parties. ( read original story ...)

And Cahuzac provided a fake tax certificate when he transferred the money to Singapore, reports say.” (“Disgraced budget minister had 15 million in Swiss account, report“, 7 Apr, 2013) The story on Deutsche Bank alleges that more than 100 customer ... ( read original story ...)

The Wellington-based cloud accounting software developer this week signed deals with the Hong Kong Shanghai Banking and the Development Bank of Singapore to bring the Asian lenders into Xero's expanding 'financial web'. The HSBC deal will let Hong Kong and ... ( read original story ...)

SINGAPORE: The Government’s tweaks to some residential property measures on Friday (Mar 10) are a timely move, but observers said these adjustments are unlikely to have a significant impact on the local property market. Even as the announcements marked ... ( read original story ...)

The Monetary Authority of Singapore (MAS) announced today it has completed a proof-of-concept trial of using distributed ledger technology (DLT – of which the blockchain is a type) to power domestic inter-bank payments. The announcement was made during ... ( read original story ...)

SINGAPORE, March 10 Singapore is cutting stamp duties sellers are required to pay on residential properties and easing some rules on borrowing thresholds, as part of a slight relaxation of property curbs imposed since 2009 to rein in the market. Volumes of ... ( read original story ...)