The quantum of motor vehicle loans in Singapore reached its highest level in a decade in 2012, a study carried out by the Credit Bureau Singapore (CBS) revealed.

According to stats released by the CBS, the principal amount borrowed by motorists in 2012 averaged S$90,400, which represents a growth of 131 per cent from S$39,160 in the year 2003.

European leaders must first use their own financial resources to stem the soverign debt crisis before asking the International Monetary Fund (IMF) for help, Japanese Finance Minister Jun Azumi said.

Eurozone countries are facing a mass downgrade in credit ratings in case EU leaders fail to agree on a concrete plan to stem the region’s debt crisis in the fast-approaching summit, rating agency Standard & Poor's (S&P) has warned.

In a recent revelation done by the Ernst & Young, it has come to light that the average value of mergers and takeovers in global technology during 2011's second quarter has got a significant jump of 92% to US$52.1 billion from the previous quarter's US$27.1 billion.

Mapeltree, a venture of investment company Temasek Holdings has announced their plan to buy Festival Walk.

Investment team of the Government of Singapore Investment Corp (GIC) has been sloped up for better exploiting opportunities in key emerging markets.