Singapore is seeing an unprecedented mortgage slowdown

SINGAPORE (Jan 25): Rising interest rates and the latest round of property curbs have put the brakes on mortgage demand at Singapore’s banks, potentially further dragging down the city’s housing market.

Home-loan growth slowed to 1.9% in the first 11 months of 2018, less than half the 4.2% increase posted in 2017, the latest Monetary Authority of Singapore data show. Mortgage growth will stay stuck below 2% this year, according to Diksha Gera, an analyst at Bloomberg Intelligence.

Global GDP growth to ease in 2019, dragged by emerging markets & China: Oxford Economics

SINGAPORE (Oct 18): Oxford Economics is anticipating a slowdown in global economic growth from this year’s 3.1% to 2.8% in 2019, a forecast that comes in slightly below consensus to reflect its pessimistic views on emerging markets (EM) and in particular, China.

The research firm continues to see a moderate, slightly sharper slowdown in global GDP growth for 2019 on the back of negative effects associated with higher US bond yields and a stronger USD.

State Street detects ‘positive and meaningful gains’ in 3Q private equity returns

SINGAPORE (Feb 22): State Street Corporation has released the 3Q results of its Global Exchange (GX) Private Equity Index (PEI), a benchmark for comparative analysis of private equity performance based on directly-sourced limited partnership data.

The latest index saw an overall return of 3.8% in 3Q16 – with buyout, private debt and venture capital each posting positive one-year returns of 10.38%, 6.13% and 4.72% respectively.  

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