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New-home sales in July dive nearly 60% year on year in softer property market

NEW private home sales plunged by nearly 60 per cent year on year in July, as homebuyers remained selective and cautious amid a slowing property market.

Singtel Q1 net profit up 42.9% to S$690 million on exceptional gain

SINGTEL’S net profit for the first quarter ended Jun 30 rose 42.9 per cent to S$690 million, from S$483 million in the corresponding year-ago period.

Latest Singapore 6-month T-bill offers 3.34% cut-off yield

THE cut-off yield on the latest Singapore six-month Treasury bill fell to 3.34 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Aug 15) indicated.