Deepening debt, elevated rates, geopolitical tensions and a slowing Chinese economy were all cited in the Monetary Authority of Singapore’s annual Financial Stability Review.
Property agent pocketed S$20,000 from proceeds of condo unit he sold for 80-year-old woman
He assured the woman that he would look after her for the rest of her life and got her to set up a joint bank account with him containing the S$462,300 in sale proceeds.
Singapore private home prices moderate; rents may continue to decline: MAS
Property price growth moderated from 11.4% year-on-year in the first quarter to 4.4% by the third quarter. Read more at straitstimes.com.
Singapore household debt drops to decade-low as high interest rates deter borrowing: MAS
Aggregate household debt fell to 1.2 times personal disposable income in the 3rd quarter of 2023. Read more at straitstimes.com.
Singapore households have managed rising interest rates well: MAS
Households should stay prudent and continue to ensure they have sufficient funds for emergencies, says MAS in its annual financial stability review.
Singapore warns of potential vulnerabilities from higher rates
The combination of elevated global interest rates and pre-existing weaknesses remain a threat to world financial-market stability, Singapore’s central bank has warned.
10 most expensive homes sold in Lebanon County, Nov. 20-26
A house in North Londonderry Township that sold for $515,000 tops the list of the most expensive residential real estate sales in Lebanon County in the past week.
Hopes Israel-Hamas truce could be extended amid talks
Hamas told reporters it is in favour of a “two to four” day extension of the deal, which has brought much-needed reprieve to civilians in Gaza. View on euronews …
Billionaire Michael Jordan Suffers as $29 Million Worth Chicago Mansion’s 10-Year Struggle Prolongs
It’s almost a tradition for American celebrities to buy and sell mansions that they have lived in for quite some time. Especially for NBA stars who keep shifting cities. Although selling a huge …
Nepal to host Third Investment Summit to boost foreign, domestic, NRN investments
KATHMANDU, Nepal – The government has announced plans to hold the Third Investment Summit in Kathmandu on April 21-22 next year. According to Finance Minister Dr. Prakash Sharan Mahat, preparations …