Singapore introduces measures to cool the public housing market
The loan-to-value limit for Housing Development Board loans has been lowered from 80% to 75%, the government said.
‘Travel is too expensive right now’: Americans are spending less or skipping trips altogether
After two years of strong gains, demand for leisure trips is starting to dip as travelers pull back on travel spending.
Australia and Indonesia seal treaty-level defense pact
Australia and Indonesia share the world’s longest maritime boundary and collaborate several issues, including security, people-trafficking and drug smuggling.
Global commodities’ biggest winners and losers this year — and where they’re headed
The global commodities market has had a volatile year thus far, with prices remaining largely elevated.
CNBC Daily Open: Wall Street extends winning run
S&P 500 and Nasdaq extend winning streak. AMD’s $4.9 billion acquisition. GM to cut 1,000 jobs.
China leaves key lending benchmarks unchanged, as expected
China left benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with market expectations.
New Zealand promises banking shake-up after watchdog finds the sector lacks competition
New Zealand vows to revamp consumer banking after a watchdog found weak competition, suggesting steps like boosting state-owned Kiwibank’s capital.
China and Vietnam sign 14 deals from rail to crocodiles after leaders meet
China and Vietnam signed 14 documents spanning cross-border railways to crocodile exports, after President Xi met with Vietnam’s new leader To Lam in Beijing.
Japan’s Nikkei leads gains in Asia as investors assess RBA minutes; China holds benchmark rates
China’s loan prime rates were held at 3.35% for the one-year LPR and 3.85% for the five year LPR, in line with expectations
Novo Nordisk vs. Eli Lilly: Analysts weigh in as the obesity-drug battle heats up
As competition grows in the weight loss drug space, investors are questioning which company will come out on top.
