The pensions for Singapore's administrative officers and judicial appointment holders, and a long-term retention package will be introduced instead for administrative officers, Deputy Prime Minister Teo Chee Hean said on Monday.
The Bank of Japan's announcement of monetary easing policy made late last week, which was more aggressive than expected, could create problems for its Asian neighbors in terms of trade and capital flow, research groups in Singapore said.
President Xi Jinping said Monday that the country will sustain "relatively high" economic growth but refrain from only seeking speed in growth.
China is scheduled to let tourists visit the Xisha Islands in the South China Sea ahead of the forthcoming May Day holiday, said Tan Li, executive vice governor of the southern-most province of Hainan, on Saturday.
President Xi Jinping said China will make contributions toward peace and common development in Asia and the world at an international forum that opened on Sunday.
China's average housing prices nationwide have more than tripled over the last decade, with some areas seeing prices grow by 10 times the original price. Experts are debating whether there is a bubble in the market and whether prices will continue to skyrocket.
The State Council, or China's cabinet, on Wednesday rolled out its first major reform in agriculture since inauguration, experimenting schemes to accelerate modern agriculture.
A month of heated debate, guesswork and worrying has ultimately come to an end with cities across China confirming details of planned property curbs that have loomed large over the market.
Cyprus President Nicos Anastasiades said on Friday that the eastern Mediterranean island will stay within the eurozone following a bailout deal with the Eurogroup which involves crippling conditions which have stunned the population.
Cyprus' largest lender, Bank of Cyprus, said on Monday it has completed its recapitalization by converting depositors' money into equity, under a Eurogroup deal on a bailout for Cyprus.
South Korea planned to boost its faltering real estate market with the comprehensively easing measures such as the offer of exemptions on acquisition and capital gains taxes along with the financial support for first- time home buyers, the Construction Ministry said Monday.
Cyprus President Nicos Anastasiades said on Friday that the eastern Mediterranean island will stay within the eurozone following a bailout deal with the Eurogroup which involves crippling conditions which have stunned the population.
BRICS countries on Wednesday morning have launched the BRICS Business Council, the key institution expected to drive private sector investments among the five member countries.
China will adjust the prices of oil products every 10 working days to better reflect changes in the global oil market, the National Development and Reform Commission (NDRC) announced on Tuesday.
The fifth BRICS summit opened in Durban, South Africa, Tuesday night with President Jacob Zuma hosting a banquet for his counterparts of the five-member grouping and African heads of state and government at the special invitation.
China will adjust the prices of oil products every 10 working days to better reflect changes in the global oil market, the National Development and Reform Commission (NDRC) announced on Tuesday.
The S&P 500 rallied so close to its record closing high in the first hour of Monday' s trading, just 0.24 points shy of that level, boosted by a last-minute bailout deal for Cyprus.
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