DPM Heng Swee Keat Points to Low Interest Rate Risks in Singapore’s Real Estate Market, Real Estate News and Highlights

[ad_1] SINGAPORE (BLOOMBERG) – Singapore’s Deputy Prime Minister and Finance Minister Heng Swee Keat has warned that low interest rates may lead to asset price distortions, amid speculation the government could take further steps to cool the real estate market. “Today’s interest rates are ultra-low and in some cases even …

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Opponents of Myanmar’s coup call for a new show of force

[ad_1] YANGON: Opponents of Myanmar’s military coup called for more major protests on Wednesday (February 17) to show that the army’s claim of widespread public support for ousting elected leader Aung San Suu Kyi and holding new elections was false. They expressed skepticism of the board’s promise at a press …

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Sorenson, CEO of Marriott, dies after battling cancer

[ad_1] REUTERS: Marriott International CEO Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said Tuesday. The first family member to head the hotel chain, Sorenson, 62, had left his full-time position earlier this month to treat cancer that was diagnosed in 2019. Commercial Commercial Marriott …

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Adidas plans to sell struggling Reebok brand

[ad_1] BERLIN: German sportswear manufacturer Adidas plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the American fitness brand to help compete with archrival Nike. Adidas said Tuesday that it had decided to begin a formal process aimed at selling Reebok as part of a …

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