Bloomberg Singapore home prices fell less than initially estimated in the first quarter, with an extended lockdown threatening to further push down values as the residential property comes to a standstill. Housing prices fell 1% in the three months ended on March 31, data from the Urban Redevelopment Authority showed. That compares to a preliminary estimate of a 1.2% decline. ...

Bloomberg The Philippines is known for training nurses and exporting them to all corners of the world, but now the nation finds itself shorthanded just as its number of coronavirus infections and deaths skyrocket. The islands’ death toll from Covid-19 has surged nearly fivefold since April 1 to 462, and the confirmed cases have tripled to 6,981 as of April ...

Bloomberg The Trump administration faces significant hurdles in getting the Federal Reserve to help rescue an oil industry squeezed by plunging crude prices given the central bank’s aversion to helping specific industries and its lack of authority to help businesses that are insolvent. The Fed regards loan programmes aimed at a specific industry as credit allocation — something Chairman Jerome ...