By Bloomberg The grounding of the Cameroon-flagged Liberty is another incident near Singapore involving a tanker from a so-called dark fleet of vessels that this week was branded as a ‘grave concern’ to global shipping. Source: In waters off Singapore, shadow-fleet oil tanker carrying 1 million barrels runs aground
By Cheryl Arcibal The worst is likely over for the luxury property segment globally, with prime home prices set to rise more than previously anticipated in 2024, according to Knight Frank’s Global Prime Residential Forecast. Source: Hong Kong, Singapore prime property to see contrasting fortunes as luxury homes globally set to trend higher in 2024 […]
By Xinmei Shen The use of digital yuan for small transactions can pave the way for its application in trade and other high-value scenarios, one expert says. Source: China, Singapore to let each other’s tourists pay with digital yuan as Beijing seeks to globalise its e-CNY currency