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Bond dealers to report retail markups

Bloomberg Brokers would have to reveal how much they earn on bond transactions that involve retail clients under a US regulator’s plan for cracking down on inflated commissions. The Financial Industry Regulatory Authority (Finra) proposal, if approved by the Securities and Exchange Commission, would force brokers to report markups on bonds they hold for no more than one day, according ...

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Homebuyers are now scared to dream

BLOOMBERG Rising home prices in hot housing markets are robbing buyers of a favorite pleasure: looking at pictures of homes they can’t afford. Or at least, that’s one way to read a blog post published by real estate brokerage Redfin. Traditionally, buyers browsing online listings have looked at homes that cost more than they are planning to spend, said Redfin. ...

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Singapore City developers to relax some curbs this year

BLOOMBERG The longest losing streak in Singapore residential prices in 17 years may prompt the government to take its foot off the brakes and relax some property curbs this year, the city-state’s second-biggest developer said. Kwek Leng Beng, the billionaire executive chairman of City Developments Ltd., which built luxury condominiums such as the St. Regis Residences near the Orchard Road ...

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