Banks could reduce valuations by 1 to 2% in February and a further 1% next month. Midscale estates like Kornhill Garden and Taikoo Shing expected to bear the brunt, analysts say.
Asian trade was mixed but Shanghai led the gainers as investors returned from their week-long Lunar New Year break
Toshiba said on Monday it will sell most of its stake in its air-conditioning unit to its US joint venture partner for $870m. It will also unveil a plan to split into two companies, not a 3-way break-up
Outbreak in Baise is tiny by global standards, but latest curbs follow the country's 'zero-Covid' strategy to quickly contain any flare-ups to prevent a major spread of infections
The Caixin/Markit services Purchasing Managers' Index drops to 51.4 in January - the lowest since August - from 53.1 in December
Exports of food, farm, forestry and marine products to mainland China surged 35.2% to 222.4 billion yen ($1.93 billion) in 2021
RBI said there will be no transactions in government securities, forex, money markets and Rupee Interest Rate Derivatives on Monday
About 95% of Singapore's energy is currently generated by burning natural gas, a fossil fuel
Security arrangements for three Israeli airlines that fly into Dubai were due to expire on Tuesday, leaving negotiators 48 hours to find a solution
China has become Ecuador's top lender in the past decade, with millions of dollars in long-term credit
Foreign students will be able to receive a short-term visa of one to two years by registering at a local private institute such as a dance or drama academy
The Dutch-owned trawler FV Margiris – the world’s second-largest fishing vessel – spilled its catch after its net ruptured