Singapore authorities' housing market warning may fall on deaf ears

Singapore authorities' housing market warning may fall on deaf ears

SINGAPORE, Dec 22 (Reuters) – Singapore's authorities are concerned the island-state's property market could be setting itself up for a fall. A series of aggressive land deals by developers, against the backdrop of rising apartment sales and the first quarterly rise in private home prices for four years, was
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Banks announce Christmas, New Year holiday schedules

MANILA- Banks have announced their operating schedules for the Christmas and New Year holidays. BDO. All BDO branches will be closed on Dec. 25 (Monday), and January 1, 2018 (Monday). Shortened banking hours will be implemented in select mall branches on Dec. 24 (Sunday) and Dec.
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ChelPipe joins recovery in unsecured lending to Russia

Chelyabinsk Pipe-Rolling Plant, the Russian steep pipe maker, has signed a €150m unsecured syndicated loan, the eighth from Russia this year. By Bianca Boorer; 01:15 PM. The four year facility, signed on Tuesday, has tranches of €65m and $35m, priced at 190bp over Euribor and 210bp over Libor.
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Insider Buying: Haynes International, Inc. (HAYN) Director Purchases $63000.00 in Stock

Haynes International, Inc. (NASDAQ:HAYN) Director Dawne S. Hickton purchased 2,000 shares of the business's stock in a transaction on Thursday, December 14th. The stock was purchased at an average price of $31.50 per share, with a total value of $63,000.00. Following the purchase, the director
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Restructure State Banks, Improve Corporate Governance, Says IMF To Centre

Most of the bad debt is held by state-run lenders, which are suffering after years of bad lending decisions. … said the injection needed to be accompanied by steps to restructure state-run banks, as well as action to improve corporate governance, and a reduction of the government's stakes in the lenders.
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Central Chinese city to build apartments for youth

The project was seen as part of the city's efforts to curb housing prices and attract talent. As of Dec. 15, a total of 282,900 university graduates have landed jobs in the city, up nearly 200 percent of the same period last year. China has recently taken a set of measures to stabilize the housing market and
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'A Sea Change Underway': Fannie Mae, Freddie Mac To Retain Capital Again

Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are rocking Thursday after the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain a portion of their
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Major French Banking Group BPCE Chooses Huawei as One of Its Technology Partners

Groupe BPCE, the second largest banking group in France, relies on the two networks of cooperative commercial banks which are autonomous and complementary: Banque Populaire currently has 15 while Caisses d'Epargne has 16. In the housing finance domain, BPCE relies on Crédit Foncier.
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Positive Buying Pressure Spotted in Shares of International Cons A (ICAGY)

International Cons A (ICAGY) shares are seeing solid buying inflow as the Chaikin Money Index is holding above zero. If the price consistently closes in the upper half of the daily range on high volume the indicator would read above zero and indicates a strong market. When the indicator stays above
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The 10 juiciest real estate lawsuits of 2017

Zackson, who has worked on real estate deals with Paul Manafort, called Maloney a “shim-sham con man” and accused him of dropping the ball on a planned redevelopment of the Long Island City Clock Tower. And finally, AmBase sued Maloney, partner Michael Stern and Spruce Capital Partners for
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Freddie Mac: Mortgage rates on the verge of rising

“30-year fixed mortgage rates have been bouncing around in a narrow 10 basis points range since October,” said Len Kiefer, Freddie Mac deputy chief economist. “The U.S. average 30-year fixed mortgage rate increased one basis point to 3.94% in this week's survey.” “The majority of our survey was
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Singapore property market looking up for 2018

Given the higher land prices and anticipated market recovery, new private home prices will likely be higher in 2018. By Elizabeth Choong. The private residential market is widely expected to perform better in 2018 due to improved consumer sentiments. According to PropertyGuru's latest Consumer
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Which Will Be the Most Popular Smart Home Trends Next Year?

Not surprisingly one of the top trends is still security and is often cited as being the major reason for smart home adoption. Home security systems tend to be more in demand compared to other smart home devices and it's easy for consumers to understand how a security system will help them and what it
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Janney Montgomery Scott LLC Purchases 16007 Shares of International Paper Company (IP)

The institutional investor owned 152,842 shares of the basic materials company's stock after purchasing an additional 16,007 shares during the period. Janney Montgomery Scott LLC's holdings in International Paper were worth $8,685,000 at the end of the most recent quarter. Other institutional
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BMW Wants to Sell Half a Million Hybrids and Electric Cars by 2019

German carmaker BMW (bmwyy) aims to more than double the number of electric and hybrid vehicles it has sold to 500,000 by the end of 2019, Chief Executive Harald Krüger told German weekly WirtschaftsWoche. In 2018 alone, deliveries of electrified vehicles are to rise by a “medium double-digit
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UBS urges jury to reject self-proclaimed whistle-blower's story

A lawyer for UBS Group AG urged a New York jury to reject the tale of a former senior commercial mortgage-backed securities strategist who claimed he was fired for refusing to let the Swiss bank's traders influence his research reports. Trevor Murray alleged he was dismissed in 2012 for blowing the
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Nikkei slips as banks falter; selling in construction sector eases

TOKYO, Dec 21 (Reuters) – Japan's Nikkei share average ended down on Thursday, dragged lower by weakness in banking shares though off earlier session lows. The Nikkei finished down 0.11 percent, or 25.62 points, at 22,866.10. The broader Topix erased losses and eked out a 0.08 percent gain to
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Tax Update, PACE Changes, 4506-T News; Tax Bill Hitting Rates

In his 24+ years of residential mortgage lending experience, he has originated mortgage loans, led large mortgage teams at varying levels of management for leading mortgage originators, and, most recently was the National Sales Director for an independent mortgage company in the DFW marketplace
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National Asset Services Adds Ohio Multifamily Property to Nationwide Commercial Real Estate …

COLUMBUS, Ohio, Dec. 21, 2017 /PRNewswire/ — National Asset Services, (NAS) a leading commercial real estate management company, has expanded its nationwide property management portfolio with the addition of a multifamily community near Columbus, Ohio. NAS has assumed asset
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Term Sheet — Thursday, December 21

Let's start the morning with a bombshell new financing round: Didi Chuxing, China's ride-hailing company, raised $4 billion in fresh funding. The fundraising values Didi at approximately $56 billion and lifts cash reserves to $12 billion. Investors include the Abu Dhabi state fund Mubadala Capital.
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