A sledgehammer to swat a fly. That’s how OCBC Investment Research is describing the unexpected curbs on Singapore’s property market announced. While the imposition of additional buyers’ stamp duties and tighter loan-to-value norms on home lending so early in the cycle does indeed smack of overkill (especially after a less than 10 percent recovery in residential prices following a long ...

If bond traders still questioned whether Jerome Powell’s Federal Reserve would truly stay the course, no matter how choppy the waters, minutes of the central bank’s June meeting should erase all doubt. Fed officials said they realised the Treasury yield curve was rapidly heading toward inversion, according to the Federal Open Market Committee minutes. Many saw downside risks from emerging ...

Samsung Group is showing how corporate governance reform in South Korea — despite what had seemed some initial momentum — will be like pulling teeth. Samsung Life Insurance Co is under pressure to sell its stake in Samsung Electronics Co, a holding that’s key to the Lee family’s control of the smartphone and semiconductor giant, Bloomberg News had reported. The ...