Daily Debrief: What Happened Today

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HDB resale volume recovers in March as prices rise for 21 straight months: SRX, 99.co RESALE volumes for Housing and Development Board (HDB) flats recovered in March this year, as some 2,269 flats were transacted, representing a 19.2 per cent increase from the month before, according to flash estimates from property portal SRX and 99.co.

Singapore's unemployment rates decline further in Feb; expected to fluctuate at pre-Covid levels SINGAPORE'S unemployment rate returned to pre-pandemic levels in February and is expected to fluctuate around this level depending on the prevailing economic situation, said the Ministry of Manpower (MOM) on Thursday (Apr 7).

Labyrinth of Asian regulations leaves private credit untapped ASIA boasts some of the world's largest and fastest-growing economies, but the region that's keen for more investments accounts for only a fraction of the global private credit market.

Hong Kong falls 'off the map' as aviation hub amid travel curbs HONG KONG has ceased to function as an international aviation hub as it curbs inbound flights and quarantines arriving passengers, according to a trade group representing hundreds of airlines worldwide.

Canada to ban foreigners from buying homes as prices soar CANADA will ban most foreigners from buying homes for 2 years and provide billions of dollars to spur construction activity in an attempt to cool off a surging real estate market.

The STI today

STI slips 0.55% as region turns into a sea of red on possible greater rate hikes

SINGAPORE shares joined its counterparts in the Asia Pacific region to close in the red on Thursday (Apr 7), after the United States central bank's minutes released overnight suggested that greater interest rate hikes are on the cards.