Singapore Property and Real Estate News Portal

Food prices up but not expected to spike sharply By Wong Mun Wai, Channel NewsAsia | Posted: 16 April 2008 1809 hrs SINGAPORE : The prices of some food items are up because energy and commodity prices have risen. But according to Senior Minister of State for National Development and Education Grace Fu, prices are [...]

Asian business outlook positive, says survey BANGKOK – A NEW survey released this week by a leading independent brokerage and investment group in Asia has found that business sentiment in Asia, including in Malaysia, through the first quarter of 2008 is generally positive despite pressure on margins and indications of a slowing in capital expenditure.The [...]

Asian markets down on Wall Street sell-off Posted: 14 April 2008 1044 hrs SINGAPORE: Asian stocks lost ground in early trading on Monday, after yet more evidence that the US is in recession. Singapore’s key Straits Times Index fell 2.1 per cent, led by losses in banks such as DBS Group. By 0101 GMT, the [...]

Asian stocks slump in morning trade on US recession fears Posted: 14 April 2008 1445 hrs SINGAPORE: Asian stocks tumbled in morning trade on Monday, after yet more evidence that the US is in recession. Singapore’s key Straits Times Index slumped 2.68 per cent or 83.70 points to 3,043.17 by midday, while Tokyo’s benchmark Nikkei-225 [...]

Embattled Japan PM wants to make country ‘bloom’ despite flagging support Posted: 12 April 2008 1605 hrs TOKYO: Embattled Japan Prime Minister Yasuo Fukuda said on Saturday he was doing his best to make the country “bloom” despite a flagging economy and political disputes which have seen his support wilt. A smiling Fukuda spoke at [...]

IMF sees challenging year for Asia-Pacific, inflation a concern Posted: 12 April 2008 0011 hrs WASHINGTON : The International Monetary Fund said Friday the Asia-Pacific region faces a challenging year, having to cope with an expected global slowdown led by the United States and a sharp spike in inflation. It said growth will likely fall [...]

Japan’s wholesale inflation hits 27-year high Posted: 11 April 2008 1615 hrs     Photos 1 of 1 Tsukiji fish market in Tokyo         TOKYO: Japan’s wholesale inflation rate hit a fresh 27-year high of 3.9 per cent in March as companies struggled to cope with soaring raw material and energy costs, a [...]

Inflation jumps to 7.41% in India Posted: 11 April 2008 1628 hrs     Photos 1 of 1         NEW DELHI: India’s inflation accelerated to 7.41 per cent, according to official data released Friday, dealing a blow to the government and fanning expectations of monetary tightening. Annual inflation quickened to 7.41 per cent [...]