Singapore Buyers Desert London as Mortgage Rules Hit Home

Singapore investors are buying fewer mansions in London after mortgage changes in the island nation limit their ability to borrow.

Singapore GDP Contracted Last Quarter as Output Eased: Economy

Singapore’s economy shrank for the first time in five quarters after its manufacturing and services industries weakened, a contraction that may be short-lived as the global recovery strengthens.

Chinese government tightens real estate rules, sparks panic selling

BEIJING: Frantic home sellers and buyers swarmed housing registration centres in the Chinese capital to beat further tightening restrictions of house sales including 20 per cent tax on capital gains.

China property curbs may trigger home buying rush

HONG KONG: China's property-related shares fell by the most in nearly five years on Monday on plans to tighten curbs on the housing market, though some economists predict a near-term spike in existing home prices, at least until local governments work out how to implement the changes.

Oil price climbs above $90 on stronger US demand

NEW YORK (AP) — The price of oil climbed above $90 per barrel for the first time since May after the government said U.S. oil demand is on the rise.