Wednesday 24 July 2013

Singapore central bank says rising household debt 'worrying' - Yahoo! Singapore News

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Central Banking (subscription)Singapore central bank says rising household debt 'worrying'Yahoo! Singapore NewsHe said a growing number of households have overborrowed in the property market, largely due to low interest rates and stretched loan tenures. "The combination of low interest rates, growing leverage and surging property prices poses significant risks ...Singapore Central Bank Cuts Inflation ViewNASDAQSingapore hits inflation ta...Singapore central bank says rising household debt 'worrying' - Yahoo! Singapore News

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