It’s not just financial markets that are painting a grim picture. China’s real economy is also sending ominous signals of a slowdown in the property market
Saturday, 17 December 2011
The U.S. Navy, underscoring the importance of “operating forward” amid tightening budgets and increasing threats to free seas, will station several of its new littoral combat ships in Singapore in coming years and is considering similar arrangements in the Philippines.
Friday, 16 December 2011
Thursday, 15 December 2011
A Johor state assemblyman has alleged that Singaporeans are dumping their cars in Johor and claiming insurance on the pretext that the vehicles were stolen.
Chinese wines took the top four places in a China vs Bordeaux blind tasting competition on Wednesday, but it wasn't exactly a thrashing of the world's most elite wines by Chinese upstarts.
Wednesday, 14 December 2011
Monday, 12 December 2011
Currency took two years to stitch together and so should take as long to dismantle, says economist
Angeliki says her clients sell their gold crucifixes, baptism tokens or other religious objects, along with watches and pieces of gold. “When you are unemployed and have to pay the bills or taxes ... there is often no other solution,” she said.
It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with EU founding members France and Germany and committed to binding their economies ever more tightly.