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Singapore home sales surge as developers market new projects

Middle dc singapore housing copy

Bloomberg Private-home sales in Singapore soared in March as developers marketed more projects after a typically slower February that included the Chinese Lunar New Year holiday. Developers sold 1,054 units last month, more than double the 455 in February, the Urban Redevelopment Authority said in a statement. Residential home prices decreased for a second straight quarter in the three months ...

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India seen getting near-normal monsoon as El Nino risk looms

Bloomberg India’s southwest monsoon, which waters more than half of the country’s farmland and is crucial for economic growth, is expected to be ’near-normal’ this year as the risk of an El Nino weather pattern looms. Annual rainfall during the June-September rainy season is likely to be 96 percent of a long-term average, the India Meteorological Department said. The forecast ...

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Huawei escaping European ban, but not 5G regulations

Huawei launches mate 10 smartphone series

Bloomberg Huawei Technologies Co’s ability to make inroads into Europe’s future telecom infrastructure may be more about regulatory hurdles than outright bans. The US has been engaged in a vocal campaign to keep Chinese tech companies out of advanced 5G networks that promise faster connections, enabling uses such as autonomous vehicles and remote surgery. US President Donald Trump’s administration has ...

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