UK Prime Minister greets French President Emmanuel Macron.
UK Prime Minister greets French President Emmanuel Macron.
Sterling jumped against the dollar on Monday after Britain reversed a plan to cut the highest rate of income tax, and the dollar was also down against other major currencies. The pound rose against the dollar after media reports of the u-turn to its highest level since Sept. 22, the day before British Finance Minister Kwasi Kwarteng roiled markets with a new "growth plan" to cut taxes and regulation, funded by vast government borrowing. Sterling was last up 1.4% at $1.1320.
S'pore private property prices rose 3.4% in Q3, compared to the 3.5% increase in the previous quarter, according to URA flash estimates.
Social media sites could be blocked or fined in Singapore if they fail to stop users in the tightly-controlled country from accessing "harmful" content under a proposed law introduced in parliament on Monday.
LONDON (Reuters) -Diageo PLC's Chief Executive Ivan Menezes believes Scotland could face a water shortage due to climate change unless businesses and lawmakers act, he said at the Reuters Impact conference on Monday. The threat in Scotland, where Diageo is the biggest exporter of Scotch whisky through brands like Johnnie Walker, depends on how successful the world is at averting climate change and hitting a 1.5-degree Celsius limit on global warming, he said. "There are scenarios where we could see water being stressed in Scotland," Menezes said.
This post was written in collaboration with RealVantage. While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same objective... The post Investing in Real Estate? Here are Some Strategies to Help You Build a Robust Property Portfolio appeared first on MoneySmart.sg.
Looking up HDB BTO prices for the various estates and room sizes is part of figuring out which areas you can afford to live in. To help you better plan your budget, we compiled a list of BTO prices in Singapore from 2019 to August 2022.
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Gold prices jumped more than 2% on Monday boosted by a dip in the U.S. dollar and bond yields, as recent lows enticed investors and also sparked a rally in silver in potentially its best day since late-2008. Spot gold rose 2.3% to $1,698.48 per ounce by 3:39 p.m. ET (1939 GMT), which could be its biggest daily rise since March 8. "For the whole of September everything took it on the chin," and was over-sold, said Michael Matousek, head trader at U.S. Global Investors.
The cost of insuring the firm’s bonds against default climbed about 15% last week to levels not seen since 2009
The Mortgage Servicing Ratio (MSR) in Singapore caps the amount that may be spent on mortgage repayments to 30% of a borrower’s gross monthly income. It applies to HDB flats and executive condominiums (ECs) bought from developers.
Reliance Jio will soon launch a laptop priced at just 15,000 rupees ($184) - one of the cheapest on offer in India, aiming to replicate the success of its low-cost phone, said two sources with direct knowledge of the matter. Indian billionaire Mukesh Ambani's Reliance is known for disrupting businesses with cut-throat price offerings. Jio, its telecoms unit, has been credited with upending the world's no. 2 mobile market with cheap 4G data plans and free voice services in 2016.
HOUSTON (Reuters) -Oil prices jumped nearly $4 a barrel on Monday as OPEC+ considered reducing output by more than 1 million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures for December delivery rose $3.72 to $88.86 a barrel, a 4.4% gain. Oil prices have declined for four straight months since June, as COVID-19 lockdowns in top energy consumer China hurt demand while rising interest rates and a surging U.S. dollar weighed on global financial markets.
The Philippine peso may extend its record-setting slump against the greenback as billions of dollars of trade deficits weigh on the currency, increasing pressure on the central bank to intervene to slow its descent.
India's factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed. The Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell to 55.1 in September from 56.2 in August, below the 55.8 predicted by economists in a Reuters poll. The pace of growth was still solid, however, and was above the 50-mark separating growth from contraction for a 15th straight month.
Truss said her government should have “laid the ground better”
Zuckerberg’s cuts will be the first since Facebook’s founding in 2004
Oil prices jumped Monday on expectations of an OPEC output cut, while disappointing US data sent the dollar lower and stocks higher.
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