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Daily Briefing: SGX buys flashy London address; Singapore property closer to bottom than HK
And here’s how scams are starting to leverage on the internet.
What does Singapore's bourse hope to get out of its takeover of the Baltic Exchange?On the face of it, a lot. Faced with stagnating revenues from its securities business, Singapore Exchange has been looking to diversify its revenue base. Read more here.
Singapore’s property market may be closer to a bottom than Hong Kong, according to LaSalle Investment Management, which manages more than $58 billion in real estate funds. Governments in Asia’s two most expensive residential markets have imposed curbs in recent years to tame prices and improve affordability. As demand has dropped amid a slowdown in the region’s economies, home prices in both cities are in the midst of a correction. Find out more here.
The proliferation of the internet has been one of the great technological advancements of the 21st century. It has improved the flow of information across the globe, transformed the way communication is done between people, and change businesses in ways that we have never imagined. Yet, there are always people around the world that find ways of abusing something that was originally meant to be good. Read more here.
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