Singapore News Headlines

  • Top Asian News at 4:00 p.m. GMT

    KUALA LUMPUR, Malaysia (AP) — Two of Asia's best-known strongmen, Singapore's Lee Kuan Yew and Malaysia's Mahathir Mohamad, had much in common — a streak of authoritarianism, little tolerance for dissent and vision that changed the face of their countries. But friends they were not, and the two rarely saw eye to eye. In fact one of their only agreements was to move their countries' time — which was 7 ½ hours ahead of GMT — forward by half an hour to be in line with world time zones.

  • Lee Kuan Yew and the Asian miracle

    On March 23, 2015 Lee Kuan Yew breathed his last. Lee was one of the tallest leaders in the past century, not only in Asia but elsewhere. His call for Asian values and an Asian model of capitalism had an impact on rising China. For a country of Singapore's size, its achievements over the past 50 years have been nothing short of exemplary.

  • How High Can Mortgage Rates Go?
    How High Can Mortgage Rates Go?

    By Mr. Propwise Home buyers with loans pegged to the Singapore Interbank Offered Rate (SIBOR) have recently had some unpleasant experiences with their ballooning mortgage repayments. First, we saw the three-month SIBOR rise above 1 per cent for the first time in six years. This means all loans pegged to it will start to re-price