Recent Posts

Rents in Singapore rise as expat demand surges

Bloomberg Residential rents in Singapore rose to a three-year high in 2019, with prices boosted by strong overseas demand that signals the city-state’s continuing appeal among expatriates. Rents climbed 1.4% last year, according to real estate agency OrangeTee & Tie Pte, using data from the Urban Redevelopment Authority. The number of leases signed reached a decade-high 93,920 units last year, ...

Read More »

Tesla’s China registrations drop amid outbreak

Bloomberg Registrations of new Tesla Inc cars in China plunged 46% in January from a month earlier as the Lunar New Year holiday and an emerging coronavirus outbreak kept vehicle buyers away. In January, 3,563 Teslas were registered in China, down from 6,643 in December, according to state-backed China Automotive Information Net, which gathers industry data based on insurance purchases. ...

Read More »

China’s factory activity plunges to record low

Bloomberg Activity in China’s manufacturing sector contracted sharply in February, with the official gauge hitting the lowest level on record, highlighting the devastating impact of the coronavirus on the economy and raising the risk of a worsening global stock rout. The manufacturing purchasing managers’ index plunged to 35.7 in February from 50 the previous month, according to data released by ...

Read More »
Send this to a friend